Search found 1321 matches

by momar
Sun Aug 18, 2013 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: 15 year versus 20 year mortgage
Replies: 21
Views: 2313

Re: 15 year versus 20 year mortgage

That's a huge spread in rates for only a 5 year difference. I think 20 year rates usually aren't that good because it is an unusual term; did you look at what the 30 year rate is?

If it's between these two, the 15 year is a far better deal.
by momar
Sun Aug 18, 2013 12:28 pm
Forum: Personal Investments
Topic: I soooo want to pile in large here...
Replies: 53
Views: 7688

Re: I soooo want to pile in large here...

The last time I made an individual stock transaction was sometime around 2000, when I bought 40 shares of APPL, and then sold them for an $82 loss. I'm net positive for my lifetime so far. I plan never to buy an individual stock again. If I stick to my plan I will be able to say I quit while I was ...
by momar
Sun Aug 18, 2013 12:17 pm
Forum: Investing - Theory, News & General
Topic: The Wilshire 5000 total market historic ups and downs
Replies: 15
Views: 1614

Re: The Wilshire 5000 total market historic ups and downs

Rates for bonds are so low because so many investors are buying bonds. If rates were to somehow rise independently of demand, and thus attract more investors, the increased investors would drive rates right back down.

I also suggest you only look at growth charts in semilog form.
by momar
Sun Aug 18, 2013 12:15 pm
Forum: Investing - Theory, News & General
Topic: Twenty year anniversary - Fama-French paper
Replies: 18
Views: 2372

Re: Twenty year anniversary - Fama-French paper

If only they had the insight to look at the esoteric metric profitability, which no one would have ever suspected of being related to a company's health or stock performance.
by momar
Sun Aug 18, 2013 12:04 pm
Forum: Personal Investments
Topic: reinvesting dividends from taxable accounts?
Replies: 7
Views: 882

Re: reinvesting dividends from taxable accounts?

I don't automatically reinvest my dividends in my taxable account. I do it manually so I can direct them where I want. But I must admit, it is fun to see a pretty significant sum hit the sweep account every few months. And hey, maybe someday it will be big enough for me to say 'take this job and sho...
by momar
Sat Aug 17, 2013 3:40 pm
Forum: Personal Investments
Topic: Too Much Cash with Market at Peak
Replies: 24
Views: 4320

Re: Too Much Cash with Market at Peak

If you can't pull the trigger on all of it, pull it on as much as you can. 10% DCA is fine. Feel free to speed it up after a few months if you feel up to it.

Don't wait for a dip. And didn't we just get a dip the last couple weeks anyways?
by momar
Sat Aug 17, 2013 12:19 pm
Forum: Personal Consumer Issues
Topic: How to get to the 21st communication century--sort of
Replies: 39
Views: 2356

Re: How to get to the 21st communication century--sort of

You are an obvious candidate for a tablet.
by momar
Fri Aug 16, 2013 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: When do opportunity costs make financing a car sensible?
Replies: 15
Views: 2045

Re: When do opportunity costs make financing a car sensible?

Why would I sell appreciated shares and pay the CG tax when it turns out to be significantly more than the lifetime interest payment on the loan?
by momar
Thu Aug 15, 2013 11:59 pm
Forum: Investing - Theory, News & General
Topic: Young and Green: How often should I check my investments?
Replies: 29
Views: 2873

Re: Young and Green: How often should I check my investments

You are new to something. So your new experiences are having an impact, because they are novel. Keep checking your accounts; eventually the movements will become old hat and you will yawn. When we get a serious drop, that will be novel again. But if you can stick through that, the next one won't. I ...
by momar
Thu Aug 15, 2013 2:02 pm
Forum: Investing - Theory, News & General
Topic: My Take on Gold
Replies: 213
Views: 26297

Re: My Take on Gold

I knew there was a reason my tailor was a little more chipper this morning.
by momar
Thu Aug 15, 2013 2:00 pm
Forum: Investing - Theory, News & General
Topic: RBD (Really Bad Day) today ?
Replies: 69
Views: 9523

Re: RBD (Really Bad Day) today ?

RBD has a strict definition. It does not mean 'this seems bad to me'.
by momar
Wed Aug 14, 2013 7:56 pm
Forum: Investing - Theory, News & General
Topic: How are people who retired in 1980, 1990, and 2000 doing?
Replies: 11
Views: 2490

Re: How are people who retired in 1980, 1990, and 2000 doing

I recall seeing a link to a thread on another board that was tracking a hypothetical retiree starting in 2000. He was not doing well.
by momar
Wed Aug 14, 2013 5:57 pm
Forum: Personal Investments
Topic: How to invest: $2m low income, age 54
Replies: 27
Views: 4681

Re: How to invest: $2m low income, age 54

Just to add, with your level of assets VG will provide you with a consultation with a CFP to discuss your needs, risk tolerance, asset allocation etc.
by momar
Mon Aug 12, 2013 4:39 pm
Forum: Personal Consumer Issues
Topic: Community Supported Agriculture (CSA)
Replies: 14
Views: 1021

Re: Community Supported Agriculture (CSA)

I've done two. One was great. Then I moved and tried another one; we often got stuff that overripe, bruised, already rotting.
by momar
Mon Aug 12, 2013 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a house payments in Bay Area?
Replies: 33
Views: 4542

Re: Can I afford a house payments in Bay Area?

RGMcNally - That is true.. 0.28 times 9083 makes 2543.24$ + HOA: 120 = 2663.24 makes it about 29.3 %. I have no other loans to pay. The question is whether I will be able to invest enough money towards my retirement. The basic expenses forces me to spend 52 % of my income. I have no cushion for any...
by momar
Mon Aug 12, 2013 11:57 am
Forum: Investing - Theory, News & General
Topic: Clark Howard, the most reasonable financial guru
Replies: 24
Views: 5258

Re: Clark Howard, the most reasonable financial guru

I don't know anything about Clark Howard, but I would be skeptical taking a recommendation from a self admitted financial illiterate who has $170.40 to his name at the age of 37 and can't even be bothered to figure out how much debt he has more precisely than "mid to high five figures". T...
by momar
Mon Aug 12, 2013 9:25 am
Forum: Investing - Theory, News & General
Topic: Clark Howard, the most reasonable financial guru
Replies: 24
Views: 5258

Re: Clark Howard, the most reasonable financial guru

I don't know anything about Clark Howard, but I would be skeptical taking a recommendation from a self admitted financial illiterate who has $170.40 to his name at the age of 37 and can't even be bothered to figure out how much debt he has more precisely than "mid to high five figures".
by momar
Sat Aug 10, 2013 12:27 pm
Forum: Investing - Theory, News & General
Topic: Article regarding DFA's addition of Profitability screen
Replies: 28
Views: 3566

Re: Article regarding DFA's addition of Profitability screen

Once again, if it took this long for all these geniuses to look at profitability when backtesting, they ought to be embarrassed. As a corollary, I don't know how anyone can trust what they say since they are so certain about everything, even when they are changing their tunes year to year.
by momar
Fri Aug 09, 2013 1:08 pm
Forum: Personal Consumer Issues
Topic: Fantasy Football Strategies and Tips
Replies: 10
Views: 988

Re: Fantasy Football Strategies and Tips

Get lucky, because luck is the most important thing.
by momar
Thu Aug 08, 2013 11:13 pm
Forum: Personal Investments
Topic: NOT reinvesting distributions at Vanguard- where do they go?
Replies: 20
Views: 1919

Re: NOT reinvesting distributions at Vanguard- where do they

I think you should reinvest your dividends, then just sell enough taxable investments to fund your Roths. That way you get more time in the market. And if you have to pay CG tax, good, that means you came out ahead. Since you think you can fully fund 2 Roths with your taxable accounts, it would not ...
by momar
Thu Aug 08, 2013 12:26 pm
Forum: Personal Investments
Topic: NOT reinvesting distributions at Vanguard- where do they go?
Replies: 20
Views: 1919

Re: NOT reinvesting distributions at Vanguard- where do they

I don't understand why you don't want to keep the money invested until you fund your Roths?
by momar
Wed Aug 07, 2013 6:47 pm
Forum: Investing - Theory, News & General
Topic: Mortgage vs. using cash to buy a house
Replies: 29
Views: 5010

Re: Mortgage vs. using cash to buy a house

Depending on your true marginal rate and how much of the interest you really get to deduct, I say somewhere from 4-5%. When my mortgage was in that range, I aggressively paid it down. Now that it is at 3.375%, I am investing.
by momar
Tue Aug 06, 2013 8:09 pm
Forum: Personal Investments
Topic: 75% equity is max?
Replies: 48
Views: 8118

Re: 75% equity is max?

Opinions differ. That's why they're called opinions.
by momar
Thu Aug 01, 2013 11:31 pm
Forum: Personal Consumer Issues
Topic: Green Egg BBQ/Smoker
Replies: 48
Views: 5749

Re: Green Egg BBQ/Smoker

I love mine too. It's the best general-purpose grill you can get, because it does everything well: high heat, low heat, slow cooking, fast recipes, etc. If I were only interested in smoking, I'd consider a pellet smoker (like a Traeger), but I like the fact that I can sear a steak, cook a pizza at ...
by momar
Sat Jul 27, 2013 12:00 pm
Forum: Personal Investments
Topic: Invest in one Kraft (KRFT) or Whole Foods (WFM)
Replies: 23
Views: 2528

Re: Invest in one Kraft (KRFT) or Whole Foods (WFM)

If you have to ask anonymous internet strangers whether you should invest in the stock of a well known company, do you really think you know anything even anonymous internet strangers don't?
by momar
Sat Jul 27, 2013 11:57 am
Forum: Investing - Theory, News & General
Topic: article on US currency reserve status and gold
Replies: 4
Views: 712

Re: article on US currency reserve status and gold

It's amazing that other countries with similar or higher Debt:GDP ratios and without the world's reserve currency aren't post-apocalyptic hellscapes!
by momar
Wed Jul 24, 2013 9:19 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage payoff account
Replies: 26
Views: 3475

Re: Mortgage payoff account

I don't treat this as any different from the rest of my portfolio. So basically stock heavy. Why wouldn't you want to swing for the fences? You have a long time frame and you don't have to come up with the payoff by a particular date, so if it doesn't work out you just make a few extra years of paym...
by momar
Wed Jul 24, 2013 9:14 pm
Forum: Investing - Theory, News & General
Topic: 35% is the new 70%
Replies: 37
Views: 9251

Re: 35% is the new 70%

Sounds like an article designed to give hope to those who haven't saved enough. If 35% of pre-retirement gross is a floor for spending, then that may be correct. But 35% as an amount that is what people aspire to sounds wrong. It may reflect the reality that people who are working and finish paying...
by momar
Wed Jul 24, 2013 7:57 pm
Forum: Personal Consumer Issues
Topic: Nutrition Bars
Replies: 41
Views: 6166

Re: Nutrition Bars

I got some of these to try. Nutritious and eco friendly.

http://chapul.com
by momar
Wed Jul 24, 2013 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: pick up double major or finish college in 3 years?
Replies: 112
Views: 11880

Re: pick up double major or finish college in 3 years?

If she is going on to graduate school, there is no reason for a double major.
by momar
Wed Jul 24, 2013 1:28 pm
Forum: Personal Consumer Issues
Topic: International Driving Permit
Replies: 30
Views: 2800

Re: International Driving Permit

1. You do not have to be a member of AAA to get an international driving license. Go to any of their offices and pay $15 2. We had one when we went to Scotland and Ireland. I believe they did ask to see it. Policies may vary (and may change), so we always get one just in case. I know for sure they ...
by momar
Wed Jul 24, 2013 1:17 pm
Forum: Personal Investments
Topic: Investment Question for Chunk of Cash
Replies: 7
Views: 2952

Re: Investment Question for Chunk of Cash

Stocks aren't too risky for this time frame, since you have an unknown liability that may not even happen and if it does won't actually be required.
by momar
Sat Jul 20, 2013 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Bank delaying refinance -- could it be on purpose?
Replies: 8
Views: 1362

Re: Bank delaying refinance -- could it be on purpose?

Does your bank actually own the loan? More likely they are servicing it, in which case they should be eager to do a refinance, get all the fees, sell the loan, and continue servicing it.
by momar
Thu Jul 18, 2013 11:42 am
Forum: Personal Investments
Topic: changed goals-- how to reinvest savings?
Replies: 6
Views: 1038

Re: changed goals-- how to reinvest savings?

Since you don't care if you buy a home in the future or not, the risk that the market will crash at the time you want to buy a home is not important. And since you managed to save so much, my guess is you will be saving a lot more such that if there is a crash you could still possibly get a great de...
by momar
Mon Jul 15, 2013 5:59 pm
Forum: Investing - Theory, News & General
Topic: Cap-weighted funds
Replies: 18
Views: 1514

Re: Cap-weighted funds

Cap weighting makes sense because you don't know more than the market and the market has already determined the value of every public company based on present and projected future profit. Do you know more than the combined wisdom of every investor?
by momar
Mon Jul 15, 2013 12:58 pm
Forum: Investing - Theory, News & General
Topic: What George Constanza has to teach us about investing
Replies: 28
Views: 5421

Re: What George Constanza has to teach us about investing

In order to manage risk, we must first understand risk. How do you spot risk? How do you avoid risk? And what makes it so risky?
by momar
Sun Jul 14, 2013 8:44 pm
Forum: Investing - Theory, News & General
Topic: Current interest rates, housing & the US economy
Replies: 9
Views: 1747

Re: Current interest rates, housing & the US economy

Most people buy as much house as they can 'afford'. In other words, they go for the highest monthly payment the bank will qualify them for. A month ago someone who could qualify for $100,000 mortgage had payments of $457.46 at the rate of 3.65%. Today the rate is 4.65% and for a payment of $465.46 ...
by momar
Sun Jul 14, 2013 10:37 am
Forum: Personal Investments
Topic: Hit me straight/Retire on $100k annually??
Replies: 13
Views: 3026

Re: Hit me straight/Retire on $100k annually??

letsgobobby wrote:What, is expected inflation over the next fifteen years now 0%?
People aren't allowed to talk in real terms?
by momar
Sat Jul 13, 2013 8:56 pm
Forum: Personal Finance (Not Investing)
Topic: SS earnings record incorrect
Replies: 16
Views: 1446

Re: SS earnings record incorrect

Rainier wrote:Yes, I bet the SSA gets its right far more often than not, probably close to six sigma reliability. In the case of the OP, turns out the SSA was right.
TImely. I recently came across this: http://www.slate.com/blogs/moneybox/201 ... _rare.html
by momar
Sat Jul 13, 2013 1:39 am
Forum: Personal Investments
Topic: Roth 401k
Replies: 3
Views: 543

Re: Roth 401k

Why do you want to use the Roth 401k? You probably shouldn't.
by momar
Fri Jul 12, 2013 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: how bad would it hurt to spend an extra 10k on a car (24 yo)
Replies: 93
Views: 8121

Re: how bad would it hurt to spend an extra 10k on a car (24

if they jumped off a bridge, would you jump too? Think for yourself. Yes. I don't know about your friends, but mine aren't crazy so I would assume they have an excellent reason for jumping. If I were you, I would just lease this car for 3 years. Yeah, you probably don't want to lease your entire li...
by momar
Wed Jul 10, 2013 9:52 pm
Forum: Personal Consumer Issues
Topic: Email more efficient than phone calls?
Replies: 42
Views: 3552

Re: Email more efficient than phone calls?

Phone calls and voicemail are the worst.
by momar
Wed Jul 10, 2013 9:46 pm
Forum: Personal Consumer Issues
Topic: Toyota - Supply Vs. Demand
Replies: 35
Views: 4369

Re: Toyota - Supply Vs. Demand

I think you get better pricing if you don't get attached to a specific make/model when buying a car. :confused Yeah, I suppose if I didn't care at all about who manufactured the car, or what model the car is, I could get a screaming deal on the pricing, but, then again, I might end up buying a car ...
by momar
Wed Jul 10, 2013 9:08 pm
Forum: Investing - Theory, News & General
Topic: bitcoin bust; bitcoin etf
Replies: 52
Views: 7192

Re: bitcoin bust; bitcoin etf

In theory they have value because the supply is finite. The supply is currently growing asymptotically towards a larger, yet still finite supply. That is a horrible theory. Just because something isn't infinite doesn't mean it has value. I can only type a finite number of words before I die, but no...
by momar
Sun Jul 07, 2013 10:37 pm
Forum: Personal Consumer Issues
Topic: Moving Closer To Family?
Replies: 30
Views: 2896

Re: Moving Closer To Family?

It's one thing for a parent to be willing to commute 2 hours per day if they have to. It's quite another for 3 children under 4. I would not do this.
by momar
Sun Jul 07, 2013 5:22 pm
Forum: Investing - Theory, News & General
Topic: The Rise of Smart Beta(fundamental indexing)-Economist
Replies: 30
Views: 4114

Re: The Rise of Smart Beta(fundamental indexing)-Economist

Apart from stock splits & stock dividends, cannot the same thing be said for price weighting? No. Supposing that the price of some component of the index skyrockets, rebalancing will require selling it off and buying whatever has been sinking. Now suppose several components seesaw up and down t...
by momar
Sat Jul 06, 2013 3:33 pm
Forum: Investing - Theory, News & General
Topic: Why 4 Percent Annual Withdrawals are Still Safe
Replies: 38
Views: 4930

Re: Why 4 Percent Annual Withdrawals are Still Safe

cheese_breath wrote:Adjust my spending? Sure, Alpo is a lot cheaper than sirloin.
Better to start with fancy feast just to be safe, amirite?
by momar
Sat Jul 06, 2013 11:16 am
Forum: Investing - Theory, News & General
Topic: The Rise of Smart Beta(fundamental indexing)-Economist
Replies: 30
Views: 4114

Re: The Rise of Smart Beta(fundamental indexing)-Economist

Hasn't it already been shown that weighting schemes other than capitalization weighting are tax inefficient and have trouble recouping transaction costs? This seems a bit odd to me. Do you have a source that discusses this? You can search the forum for other discussions - there are some. Meanwhile,...