Search found 574 matches

by wootwoot
Sat Feb 22, 2020 7:47 pm
Forum: Personal Investments
Topic: Letting HSA grow despite unused tax-advantaged space
Replies: 22
Views: 1783

Re: Letting HSA grow despite unused tax-advantaged space

Spend on you medical expenses as they come up. Use the reimbursement money to invest in other tax advantaged space.
by wootwoot
Sat Feb 22, 2020 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Net present value of mortgage considering inflation
Replies: 28
Views: 1591

Re: Mortgage vs no mortgage break even w/ inflation

Where can you get a 2.75% 30 year mortgage?
by wootwoot
Thu Feb 20, 2020 9:05 pm
Forum: Personal Investments
Topic: Has Vanguard deteriorated?
Replies: 114
Views: 10014

Re: Has Vanguard deteriorated?

Many on the forum are hypercritical of Vanguard. While they are not perfect by any stretch they do a pretty good job for most needs.
by wootwoot
Sun Feb 16, 2020 3:59 pm
Forum: Personal Consumer Issues
Topic: When will 5G be available in Rural US?
Replies: 70
Views: 4754

Re: When will 5G be available in Rural US?

Lack of infrastructure and services are a major problem for rural US. Lack of hospitals and medical care generally are more of an issue than 5G. Cities are generally where the people, jobs and services are, which seems to be a self-reinforcing cycle. This. Not being able to stream Netflix on your p...
by wootwoot
Sun Feb 16, 2020 9:51 am
Forum: Personal Consumer Issues
Topic: When will 5G be available in Rural US?
Replies: 70
Views: 4754

Re: When will 5G be available in Rural US?

Retired1809 wrote: Sat Feb 15, 2020 11:22 pm My concern is simply that small towns will be further disadvantaged by not being able to offer 5G to potential employers considering building new facilities.
Disadvantaged for not having the fastest wireless internet?
by wootwoot
Sat Feb 15, 2020 12:38 pm
Forum: Personal Consumer Issues
Topic: I bought Consumer Reports lowest rated car...
Replies: 76
Views: 9414

Re: I bought Consumer Reports lowest rated car...

Does anyone still read consumer reports these days? Around 7 million people from what I've read. So less then the number of Sears shoppers. Sears is a retail store. This is a magazine. I see no correlation. Sears closes stores every few months. They will be gone in a few years if not sooner. CR has...
by wootwoot
Sat Feb 15, 2020 10:17 am
Forum: Personal Investments
Topic: Horrible Experience with Vanguard [Login account security]
Replies: 163
Views: 11176

Re: Horrible Experience with Vanguard

User error

/Endthread
by wootwoot
Sun Feb 02, 2020 9:01 pm
Forum: Investing - Theory, News & General
Topic: Chinese stocks will plunge on Monday?
Replies: 158
Views: 11133

Re: jitters due to global health ?

We lived through bird flu and SARS, we'll live through this one too. Stay the course
by wootwoot
Sun Feb 02, 2020 3:33 pm
Forum: Investing - Theory, News & General
Topic: A Simple Test In Your Belief In Market Efficiency
Replies: 228
Views: 11199

Re: A Simple Test In Your Belief In Market Efficiency

joeschmo wrote: Sun Feb 02, 2020 2:39 pm Personally I completely agree with you and that is why I set my allocation at the actual market cap balance among US, foreign developed, and emerging. Anything else feels like active management to me. Home country bias is just bias.
Do you rebalance your funds as the market cap balance changes?
by wootwoot
Sat Feb 01, 2020 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1400
Views: 126730

Re: My LenderFi refinance is going well

What documentation is required for a refinance with lenderfi?
by wootwoot
Thu Jan 16, 2020 3:47 am
Forum: Investing - Theory, News & General
Topic: VG Monthly Statements Are HORRIBLE!
Replies: 97
Views: 8537

Re: VG Monthly Statements Are HORRIBLE!

My gripes (not all of them): 1) My last statement compares my current balance to LAST YEARS balance, not last month. I look at my statements to balance this month’s statement to last month’s statement – not last year. (Current Balance = Previous Balance + additions – subtractions). Four times a yea...
by wootwoot
Sun Jan 12, 2020 12:24 am
Forum: Investing - Theory, News & General
Topic: Why are Dividend Stocks pushed so hard?
Replies: 129
Views: 6924

Re: Why are Dividend Stocks pushed so hard?

If dividend stocks are so great, then why are the total returns of Vanguard High Dividend Yield Index (VHDYX) and Vanguard Total Stock Market Index (VTSMX) so similar? See e.g. the Morningstar comparison growth chart in the following post. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=29421...
by wootwoot
Sat Jan 11, 2020 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Buying Car - buy outright or finance?
Replies: 59
Views: 5283

Re: Buying Car - buy outright or finance?

Go online and look at the lowest rate your local CU is offering. It is probably for a 36-48 month loan. It is probably under 3% for a "new" used car, one less than 4-5 years old. For 40k, a 3 year loan at <3% will have you pay around 2k in interest. You want to pull 40k out of the market so you can...
by wootwoot
Fri Jan 10, 2020 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Car - buy outright or finance?
Replies: 59
Views: 5283

Re: Buying Car - buy outright or finance?

It really depends on what interest rate you get. If it is really low one, then take the loan. We bought a car about 4 years ago and got a 1% loan on it. The interest only adds up to $584 for the loan duration. We could have paid in cash, but for such a low interest rate, we are paying it month to m...
by wootwoot
Fri Jan 10, 2020 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Overfunded 529 account
Replies: 25
Views: 2760

Re: Overfunded 529 account

Private elementary - high school for your grandkids.
by wootwoot
Sun Jan 05, 2020 9:29 am
Forum: Investing - Theory, News & General
Topic: Vanguard Continues to Lower the Cost of Investing with Expansion of Commission-Free Platform Beyond ETF
Replies: 71
Views: 5454

Re: Vanguard Continues to Lower the Cost of Investing with Expansion of Commission-Free Platform Beyond ETF

It's kinda disappointing that the move Vanguard chose to copy from Fidelity and Schwab (and Robinhood, TDA) is commission-free trading, which goes against Jack Bogle's philosophy and will lead to increased trading costs for those who use Vanguard. Would have much preferred Vanguard copy a cash mana...
by wootwoot
Sun Jan 05, 2020 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Medical school at 34 - Is this financial suicide?
Replies: 116
Views: 10715

Re: Medical school at 34 - Is this financial suicide?

At 34, yes, this is financial suicide.
by wootwoot
Sat Dec 28, 2019 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: Goodbye USAA
Replies: 72
Views: 9420

Re: Goodbye USAA

This is blind loyalty without looking at facts. USAA's service is no better than any major company. Most of my neighbors have had nothing but positive to say about Geico and other companies when it comes to service. Of course paying double for USAA because of some urban legend about better service ...
by wootwoot
Wed Dec 25, 2019 12:00 pm
Forum: Personal Investments
Topic: How much in 529 is enough to fund college?
Replies: 114
Views: 10875

Re: How much in 529 is enough to fund college?

Unless you are in the 32% and above tax bracket, it is not necessarily advantageous to use 529. You achieve better tax savings using alternate approaches. Like what approaches? We are in 22% bracket and max out tax deferred and Roth accounts. No HSA. What's next that offers better tax savings than ...
by wootwoot
Sat Dec 21, 2019 10:50 am
Forum: Investing - Theory, News & General
Topic: Tax Law Changes for 2020
Replies: 355
Views: 28390

Re: Tax Law Changes for 2020

Correct me if this us wrong but this 529 change has a bunch of unintended consequences. For people who have large amount of loans and have consolidated them at sub 4%, they are better off putting all taxable savings into 529 until they grow taxfree large enough to pay off loan balance since over a ...
by wootwoot
Sat Dec 21, 2019 12:18 am
Forum: Non-US Investing
Topic: Favorite country to live in after FIRE?
Replies: 191
Views: 19386

Re: Favorite country to live in after FIRE?

United States
by wootwoot
Thu Dec 12, 2019 10:42 pm
Forum: Personal Consumer Issues
Topic: Huge electricity usage spike
Replies: 64
Views: 4428

Re: Huge electricity usage spike

Try this www.sense.com
by wootwoot
Fri Dec 06, 2019 11:51 am
Forum: Personal Investments
Topic: Would you refi this 30yr mortgage with a 10/1 ARM?
Replies: 32
Views: 1591

Re: Would you refi this 30yr mortgage with a 10/1 ARM?

OP my home has a 30 year loan with a very similar rate. Who are you getting that ARM rate from? It looks tempting so I may want to do the same.
by wootwoot
Fri Nov 29, 2019 8:22 pm
Forum: Personal Investments
Topic: Recovering from bad advice from advisor
Replies: 25
Views: 2925

Re: Should I sell my dreadful energy fund at a bad loss?

Buy low sell high. You should buy more.
by wootwoot
Sun Nov 24, 2019 9:22 am
Forum: Personal Consumer Issues
Topic: Garage Door Insulation
Replies: 13
Views: 1610

Re: Garage Door Insulation

Cyclesafe wrote: Sun Nov 24, 2019 9:06 am We found that the insulation dramatically reduces the temperature of the garage on sunny days.
Does the insulation also retain the heat when you park your car? I thought about insulating my garage but was concerned that a hot engine would make my garage unbearable in the summer time.
by wootwoot
Sun Nov 17, 2019 11:03 am
Forum: Personal Investments
Topic: Why do you have to "beat the market"?
Replies: 97
Views: 6950

Re: Why do you have to "beat the market"?

This is like asking why do you have to "make more money"? The answer should be obvious.
by wootwoot
Fri Nov 15, 2019 9:06 am
Forum: Investing - Theory, News & General
Topic: Is the FIRE Movement Responsible for this Historic Bull Market Run
Replies: 76
Views: 7012

Re: Is the FIRE Movement Responsible for this Historic Bull Market Run

Is FIRE also the reason we have record unemployment numbers?
by wootwoot
Sat Nov 09, 2019 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: shocking hospital fee estimate
Replies: 46
Views: 5007

Re: shocking hospital fee estimate

Shakes head at insane American healthcare system. In the U.K., somebody who has no money would get this routine operation for free, and the total cost to the tax payer would be well under 5k. And they would likely wait for months or years to get the surgery. OP you did the right thing, you have ins...
by wootwoot
Tue Nov 05, 2019 9:14 am
Forum: Personal Consumer Issues
Topic: payoff period for viable solar ?
Replies: 17
Views: 1113

Re: payoff period for viable solar ?

7 years in AZ. While we receive a ton of sunshine but electricity costs are low.
by wootwoot
Thu Oct 31, 2019 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: [Just got married] Looking for ways to cut down on my budget
Replies: 80
Views: 7126

Re: How do people live on an average household income of 60K? Looking for ways to cut down on my budget

You can refi to a 30 year mortgage if you need more immediate cash on hand.
by wootwoot
Fri Oct 25, 2019 11:55 am
Forum: Personal Investments
Topic: 11 Reasons to Carry a Big, Long Mortgage by Ric Edelman.
Replies: 93
Views: 12012

Re: 11 Reasons to Carry a Big, Long Mortgage by Ric Edelman.

Investing borrowed money. Investing on margin. The leverage works great when the market goes up. The leverage also works, but in a bad way, when the market goes down. If you expect the market to be down for thirty years, it’s not investing the fixed-rate mortgage that’s going to be the problem. Hou...
by wootwoot
Fri Oct 18, 2019 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Should I take the job in OKC or Orlando?
Replies: 98
Views: 6056

Re: Should I take the job in OKC or Orlando?

This leads to the second job in OKC: Definitely less desirable location but better job, Have you ever been to Orlando? I wouldn't want to live there. I've never been to OKC and I would happily move there blindly if the second choice was Orlando. Care to elaborate? OKC isn't exactly my cup of tea ei...
by wootwoot
Mon Oct 14, 2019 9:30 am
Forum: Personal Finance (Not Investing)
Topic: 2020 Social Security Maximum Taxable Earnings $137,700
Replies: 39
Views: 5441

Re: 2020 Social Security Maximum Taxable Earnings $137,700

Does anybody know why this is the case? So the social security fund doesn't run out of money? No, it's tied to a wage index while Social Security benefits are tied to a price index. My understanding is that wages tend to grow faster than CPI. Good info. Is the government saying that wages went up t...
by wootwoot
Thu Oct 10, 2019 8:58 am
Forum: Personal Consumer Issues
Topic: Disadvantages of a bank signup bonus
Replies: 46
Views: 4962

Re: Disadvantages of a bank signup bonus

So the disadvantage is that you have to do some work for the money? They don't just hand out cash?
by wootwoot
Sun Oct 06, 2019 11:19 pm
Forum: Personal Investments
Topic: TD or Schwab?
Replies: 19
Views: 2125

Re: TD or Schwab?

TDA, much better trading platform.
by wootwoot
Sun Oct 06, 2019 10:13 am
Forum: Investing - Theory, News & General
Topic: I don’t understand the valuation of some companies – what am I missing?
Replies: 31
Views: 3403

Re: I don’t understand the valuation of some companies – what am I missing?

It's likely due to the low interest rate bubble that the fed has created. Fundamental analysis is dead in the water and means very little for tech companies right now. It won't be this way forever.
by wootwoot
Thu Oct 03, 2019 1:56 pm
Forum: Personal Consumer Issues
Topic: Mortgage rates what would you choose
Replies: 23
Views: 2084

Re: Mortgage rates what would you choose

30 year for flexibility.
by wootwoot
Mon Sep 30, 2019 7:12 pm
Forum: Investing - Theory, News & General
Topic: Vanguards push for PAS
Replies: 18
Views: 3140

Re: Vanguards push for PAS

With Vanguard's pricing for digital advisor services this is an attractive option.
by wootwoot
Sun Sep 29, 2019 12:43 am
Forum: Investing - Theory, News & General
Topic: Jonathan Clements: About half your retirement accumulation is just the dollars you put in
Replies: 92
Views: 15814

Re: Jonathan Clements: About half your retirement accumulation is just the dollars you put in

High savings/earning ratios favor high earning individuals. The system favors those who are willing to create a high savings to earning ration. That is achieved by living below your means and there is tremendous amount of variance in standards of living and the cost associated with achieving a give...
by wootwoot
Fri Sep 27, 2019 2:33 pm
Forum: Personal Consumer Issues
Topic: Should I sell my BMW
Replies: 48
Views: 3843

Re: Should I sell my BMW

You've already eaten the depreciation and put low miles on every year, keep it!
by wootwoot
Sun Sep 22, 2019 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Overpaid for my house, next options?
Replies: 53
Views: 9582

Re: Overpaid for my house, next options?

OP why are you trying to time the market? Assuming you still enjoy the house you should live there for 5 more years and then sell.