Search found 1321 matches

by momar
Sun Oct 13, 2013 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Why are so many physicians unhappy with their careers?
Replies: 110
Views: 11177

Re: Why are so many physicians unhappy with their careers?

I'm seeing a lot of complaints from physicians that are not unique to the profession. Dealing with bureaucracy/administration, unreasonable customers/management, work/life balance, IT systems that don't function properly, not having complete freedom to do the job the way they feel is best, thinking ...
by momar
Wed Oct 09, 2013 6:03 pm
Forum: Personal Consumer Issues
Topic: Used car dealers don't really negotiate any more.. true?
Replies: 34
Views: 13561

Re: Used car dealers don't really negotiate any more.. true?

Pricing is a lot more efficient than it used to be due to the internet. He is right about that. People can easily decide exactly what they want and get several options with prices with very little time involved.
by momar
Tue Oct 01, 2013 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Affordable Care Act: Website Down
Replies: 62
Views: 5833

Re: Affordable Care Act: Website Down

Supposedly the number of people trying to sign up has greatly exceeded their expectations. For example, the NY exchange got 2 million people in the first 2 hours.
by momar
Sun Sep 29, 2013 11:57 am
Forum: Personal Investments
Topic: Analysis paralysis with 'extra' money
Replies: 8
Views: 1489

Re: Analysis paralysis with 'extra' money

Consider that VG Intermediate Term Tax Exempt is yielding 2.57% with a duration of 5.6 years and that Long Term is yielding 3.56% with a duration of 7.6 years.
by momar
Sat Sep 28, 2013 12:31 pm
Forum: Personal Investments
Topic: Analysis paralysis with 'extra' money
Replies: 8
Views: 1489

Re: Analysis paralysis with 'extra' money

I would not pay down a 2.75% mortgage.
by momar
Sat Sep 21, 2013 4:47 pm
Forum: Personal Consumer Issues
Topic: Best deals on gyms
Replies: 40
Views: 4390

Re: Best deals on gyms

Costco sells 2 year all club super sport 24 hour fitness memberships for $600. I believe these would normally cost $60/month.
by momar
Tue Sep 17, 2013 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: Interest Earned on Emergency Fund
Replies: 8
Views: 1204

Re: Interest Earned on Emergency Fund

Your expenses are at least partially tied to inflation. If you maintain an EF to cover X months of expenses, then you need to add to your EF every month. Probably beyond whatever interest you are getting.
by momar
Sun Sep 15, 2013 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Would you rebalance out of your home ?
Replies: 34
Views: 3122

Re: Would you rebalance out of your home ?

Not if I lived in Silicon Valley, which I think is where you live. I'd be waiting for it to triple.
by momar
Sun Sep 15, 2013 8:45 am
Forum: Investing - Theory, News & General
Topic: Does Academic Research Destroy Stock Return Predictability?
Replies: 4
Views: 762

Re: Does Academic Research Destroy Stock Return Predictabili

It is common in many fields of research for an apparent effect to diminish and even disappear the more it is studied.
by momar
Sat Sep 14, 2013 4:48 pm
Forum: Personal Investments
Topic: Help with investing $20k + 401k fund advice
Replies: 9
Views: 1064

Re: Help with investing $20k + 401k fund advice

It's good that you are saving and investing. But no, your plan and choice of funds do not make sense. Take some time to read a few of the books on the recommended reading list.
by momar
Fri Sep 13, 2013 1:23 pm
Forum: Investing - Theory, News & General
Topic: What is the current equity risk premium, and how calculated?
Replies: 31
Views: 2680

Re: What is the current equity risk premium, and how calcula

Just what are some of the current, credible estimates of the ERP going forward? Evidence is there is no such beast. If you must, try the Gordon Equation. I thought that the expected ERP was the linchpin of the investment universe. How can anybody figure out their tolerable asset allocation unless t...
by momar
Wed Sep 11, 2013 3:45 pm
Forum: Investing - Theory, News & General
Topic: The Incredible Importance of Social Security
Replies: 97
Views: 14483

Re: The Incredible Importance of Social Security

If we do nothing, Social Security will, in around 20 years, exhaust its excess revenues, taxed primarily from the baby boomers which was done to take account of the known demographic issue, and invested in US Treasury securities not unlike Savings Bonds; and from then on will be able, under present...
by momar
Tue Sep 10, 2013 8:56 am
Forum: Investing - Theory, News & General
Topic: The Incredible Importance of Social Security
Replies: 97
Views: 14483

Re: The Incredible Importance of Social Security

One thing that interests me is the claim that Social Security is "going broke," and that older people are "living off younger people." The non working (old, sick, young, unable, etc) will always live off the working. Most of what we consume cannot be stored and has to be produce...
by momar
Thu Sep 05, 2013 9:41 am
Forum: Investing - Theory, News & General
Topic: WSJ: How to Get Investment Advice for Less Online
Replies: 12
Views: 2265

Re: WSJ: How to Get Investment Advice for Less Online

It is rather surprising to me that journalists seem to be tip-toe-ing around web sites such as bogleheads.org. I wonder if any journalist can comment in this thread about that ... perhaps anonymously. Journalists seem to be happy to point out for-a-fee sites. Or perhaps, a writer has written a piec...
by momar
Wed Sep 04, 2013 2:25 pm
Forum: Personal Investments
Topic: Avoiding the dividend - how far out?
Replies: 2
Views: 593

Re: Avoiding the dividend - how far out?

Depends on the amount. If I just sold my house for $1M cash and plan to invest the proceeds in stocks, I might wait a week to avoid buying a $5000 quarterly dividend from TSM, or more than a week to avoid a $25000 annual dividend from a Small Value index. But if I had $1000 targeted for TSM, with a...
by momar
Wed Sep 04, 2013 10:20 am
Forum: Personal Investments
Topic: Am I Crazy to Hang on to LT Muni Bond Funds?
Replies: 37
Views: 4587

Re: Am I Crazy to Hang on to LT Muni Bond Funds?

You've already absorbed the cost of increasing yields. Why give up the benefit of collecting those yields?
by momar
Wed Sep 04, 2013 10:04 am
Forum: Personal Investments
Topic: Avoiding the dividend - how far out?
Replies: 2
Views: 593

Avoiding the dividend - how far out?

How far out do you avoid buying the dividend? Days, weeks, a month? Do you factor in the historic return of a fund and its current dividend yield, or just roughly wing it? For example, the yield on something like VXUS right now is around 4.5%. This might suggest not buying in the week leading up to ...
by momar
Mon Sep 02, 2013 2:18 pm
Forum: Investing - Theory, News & General
Topic: Safety Net Funds, why Traditional Advice is Wrong.
Replies: 17
Views: 5393

Re: Safety Net Funds, why Traditional Advice is Wrong.

I kinda like this idea. My job and my wife's are pretty secure, and I think my chance of needing my emergency fund is lower than the average person's. So what if I wanted to begin investing this extra 10 grand. Could I put it in a ROth IRA and withdraw the money at a moments notice if I needed to? ...
by momar
Sun Sep 01, 2013 12:30 pm
Forum: Personal Consumer Issues
Topic: How many big moves have you made in your lifetime?
Replies: 76
Views: 7656

Re: How many big moves have you made in your lifetime?

I've lived in 5 geographically and culturally distinct places in the US. Moving somewhere new to live is more fun than just traveling to new places, in my opinion. As I have gotten older, I find that I do wish I lived closer to my family (and I'm not old by any definition).
by momar
Sat Aug 31, 2013 5:44 pm
Forum: Forum Issues and Administration
Topic: Logging in problem
Replies: 46
Views: 10302

Re: Logging in problem

I have been having this problem for a week or so, both on my laptop (Chrome/Windows) and my phone (Chrome/Droid).
by momar
Sat Aug 31, 2013 2:38 pm
Forum: Personal Investments
Topic: utilizing tax advantages space vs paying student loans
Replies: 6
Views: 1056

Re: utilizing tax advantages space vs paying student loans

Read this thread (http://www.bogleheads.org/forum/viewtop ... st=1304722) and pay extra attention to market timer's posts.
by momar
Fri Aug 30, 2013 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone regret saving too much and not spending when younger?
Replies: 79
Views: 13355

Re: Anyone regret saving too much and not spending when youn

No. It allowed me to buy a house at the bottom of the market a year and a half out of graduate school, and then to refinance a few times until I hit what looks like the low back at the beginning of the year. If I had had to wait a couple more years I might have missed that opportunity and would have...
by momar
Fri Aug 30, 2013 2:14 pm
Forum: Investing - Theory, News & General
Topic: Hebler's Marriage Between 4% rule and RMD
Replies: 16
Views: 2439

Re: Hebler's Marriage Between 4% rule and RMD

Why not spend more in good years and less in bad years? Seriously, all these mental exercises on developing withdrawal rules seem to be trying to do too much with very limited data that may have little to no relationship to future data. The point of the SWR studies was to show the number isn't 8%, ...
by momar
Fri Aug 30, 2013 12:16 pm
Forum: Personal Consumer Issues
Topic: "Why Wal-Mart Will Never Pay Like Costco" (Bloomberg)
Replies: 21
Views: 2874

Re: "Why Wal-Mart Will Never Pay Like Costco" (Bloomberg)

In markets like California, where Costco/Walmart and Trader Joe's co-exist, they definitely compete. Most people I know shop at Trader Joe's everyday (it is cheaper than Safeway on average, and quicker), at Costco 2-4 times a month and almost never Walmart. IMO, this is more evidence that they don'...
by momar
Wed Aug 28, 2013 7:36 pm
Forum: Investing - Theory, News & General
Topic: Emerging Markets: Does indexing make sense here?
Replies: 15
Views: 1805

Re: Emerging Markets: Does indexing make sense here?

The logic of indexing, or really of low cost investing, does not depend on the markets being efficient. Mathematically, investors on average get average returns. Before costs. So keep your costs as low as possible. Where efficiency comes in is whether a manager can display real skill and beat the ma...
by momar
Tue Aug 27, 2013 10:00 pm
Forum: Investing - Theory, News & General
Topic: Retirement: 28 is the new 30
Replies: 20
Views: 3778

Re: Retirement: 28 is the new 30

http://money.usnews.com/money/blogs/On-Retirement/2013/08/22/how-to-salvage-your-retirement http://www.nirsonline.org/storage/nirs/documents/Retirement%20Savings%20Crisis/retirementsavingscrisis_final.pdf They say: The median retirement saving balance for households ages 55-64 is just $12,000. A lo...
by momar
Tue Aug 27, 2013 9:02 pm
Forum: Personal Investments
Topic: Wells Fargo-Pay Off Mortgage or Invest?
Replies: 7
Views: 1259

Re: Wells Fargo-Pay Off Mortgage or Invest?

Well I'd pay down a 4.25% mortgage before buying any long term bonds in a taxable account at less than 4.25%. Even if the overall portfolio is expected to earn more than that. The mortgage on a rental property is tax deductible, so the after-tax rate might be 3.06% in a 28% bracket, and Admiral sha...
by momar
Tue Aug 27, 2013 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay off zero percent car loan?
Replies: 31
Views: 16170

Re: Should I pay off zero percent car loan?

Think of it this way: If you actually did go in planning to pay cash, and the dealer offered to knock a few hundred bucks off if you agreed to finance at 0% instead, would you have agreed? Or would you have been fine with paying a (relatively) small amount more just to be done with it? Yes, there i...
by momar
Sun Aug 25, 2013 10:28 am
Forum: Personal Consumer Issues
Topic: Hedonic treadmill in retirement
Replies: 107
Views: 11698

Re: Hedonic treadmill in retirement

I know why you are worried about it, but you should try to have your best year ever. And then try to top it. Eventually things will get worse, so why hold back if you can afford it?
by momar
Sat Aug 24, 2013 4:06 pm
Forum: Investing - Theory, News & General
Topic: "15-Year Fixed Mortgage is Usually Preferable to 30"
Replies: 45
Views: 7173

Re: "15-Year Fixed Mortgage is Usually Preferable to 30"

Wow ... was the credit union the home seller? Nope, private seller. It was one of those "the stars and moons aligned" situations. I saw it about ten days before Christmas, loved it, but was naive. The property had been vacant and on the market for two years (seller kept dropping the price...
by momar
Sat Aug 24, 2013 1:06 pm
Forum: Investing - Theory, News & General
Topic: Lending Club Notes Sell Out
Replies: 17
Views: 3316

Re: Lending Club Notes Sell Out

While tough for individual creditors, this seems like a huge boon for borrowers.
by momar
Sat Aug 24, 2013 10:21 am
Forum: Investing - Theory, News & General
Topic: India Crisis
Replies: 49
Views: 8194

Re: India Crisis

I find this thread interesting not really because of India, per se, but because of the fact that most people look back at the interest rates in the late 70s/early 80s and wonder how people didn't lock in to long CDs pay 10+%, given that it seems like an obvious no brainer (since we already know what...
by momar
Sat Aug 24, 2013 10:11 am
Forum: Investing - Theory, News & General
Topic: Missing Best/Worst Days
Replies: 7
Views: 1260

Re: Missing Best/Worst Days

Missing the best days doesn't mean you didn't buy on the best days, it means you were uninvested on the best days.
by momar
Sat Aug 24, 2013 9:53 am
Forum: Investing - Theory, News & General
Topic: Market cap weighted index mutual funds like VTSMX
Replies: 10
Views: 1406

Re: Market cap weighted index mutual funds like VTSMX

You could combine the Rydex S&P Equal Weight fund with a cap weighted fund.
by momar
Sat Aug 24, 2013 8:02 am
Forum: Investing - Theory, News & General
Topic: "15-Year Fixed Mortgage is Usually Preferable to 30"
Replies: 45
Views: 7173

Re: "15-Year Fixed Mortgage is Usually Preferable to 30"

True but interest rates for 15 and 30 year mortgages are usually not the same Perhaps usually, but not always. When I got my mortgage, the 15 year and 30 year had the same rate with 1/8 point (for 15-year that took it down 1/8 %, for 30-year, it took it down 1/4 %), but the 15-year had a 1% origina...
by momar
Fri Aug 23, 2013 9:54 pm
Forum: Personal Investments
Topic: Help needed for high anxiety w/ new MF picks
Replies: 19
Views: 1621

Re: Help needed for high anxiety w/ new MF picks

Don't blindly take advice. Read some of the books on the recommended reading list. Also, don't invest in "many different index funds". Two or three is plenty and more than a handful is probably too many.
by momar
Fri Aug 23, 2013 9:42 pm
Forum: Personal Investments
Topic: 27 years old - Attempt to pay off mortgage early???
Replies: 21
Views: 3860

Re: 27 years old - Attempt to pay off mortgage early???

Invest the money with the intention of paying off the mortgage once you can lump sum it. How about that?
by momar
Fri Aug 23, 2013 9:30 pm
Forum: Investing - Theory, News & General
Topic: "15-Year Fixed Mortgage is Usually Preferable to 30"
Replies: 45
Views: 7173

Re: "15-Year Fixed Mortgage is Usually Preferable to 30"

His point about consuming less house is irrelevant to whether a 15 or 30 year mortgage is preferable.
by momar
Wed Aug 21, 2013 10:33 am
Forum: Personal Investments
Topic: Monthly income required
Replies: 9
Views: 1686

Re: Monthly income required

She ought to be able to use part of her IRA to buy an SPIA that will provide that level of income. She should take the remaining and invest in a reasonable portfolio which she can use to buy another SPIA in, say, 10 years when inflation has eroded her spending power. She can use an all in one fund l...
by momar
Tue Aug 20, 2013 1:16 pm
Forum: Personal Consumer Issues
Topic: [Left in bad situation] by Comcast
Replies: 19
Views: 3170

Re: [Left in bad situation] by Comcast

I'm surprised he would even want the number of a business. Seems like he would get a lot of calls looking for it.
by momar
Tue Aug 20, 2013 11:04 am
Forum: Personal Finance (Not Investing)
Topic: At what price point would you lease my house?
Replies: 12
Views: 1572

Re: At what price point would you lease my house?

Ketawa wrote:I would sell unless I planned to move back. Hypothetically, if you had cash instead of home equity, would you buy the place in order to rent it out in your current situation (living in another town)?
He has already gone through the hassle and transaction costs of buying the place.
by momar
Mon Aug 19, 2013 8:21 pm
Forum: Personal Consumer Issues
Topic: Being too stingy? [Purchasing a car]
Replies: 35
Views: 4922

Re: Being too stingy? [Purchasing a car]

Depends on your income. If most/all of your savings are from your income, then yes, you are being too stingy.

Maybe consider a Japanese luxury car if you want something more reliable.
by momar
Mon Aug 19, 2013 11:45 am
Forum: Investing - Theory, News & General
Topic: Does VTI already include REIT
Replies: 17
Views: 6787

Re: Does VTI already include REIT

Just curious, does VTI already include REIT? If so, what percentage? The argument for adding more REIT is that most real estate investments are not traded on the stock exchanges therefore the amount in a total stock market funds is very much underweighted in RE. There is also something to be gained...
by momar
Sun Aug 18, 2013 8:50 pm
Forum: Personal Investments
Topic: Trying to help retired in-laws
Replies: 23
Views: 2126

Re: Trying to help retired in-laws

Consider an SPIA for at least some of it. They can get the income they need and won't go broke doing it. Just how much do you think an SPIA guaranteeing $30,000 per year would cost would cost? Probably a little more than 500k for a joint annuity with their ages. You're just about on the money. Tabl...
by momar
Sun Aug 18, 2013 7:20 pm
Forum: Personal Investments
Topic: Trying to help retired in-laws
Replies: 23
Views: 2126

Re: Trying to help retired in-laws

manwithnoname wrote:
momar wrote:Consider an SPIA for at least some of it. They can get the income they need and won't go broke doing it.
Just how much do you think an SPIA guaranteeing $30,000 per year would cost would cost?
Probably a little more than 500k for a joint annuity with their ages.
by momar
Sun Aug 18, 2013 6:51 pm
Forum: Personal Investments
Topic: Trying to help retired in-laws
Replies: 23
Views: 2126

Re: Trying to help retired in-laws

Consider an SPIA for at least some of it. They can get the income they need and won't go broke doing it.
by momar
Sun Aug 18, 2013 4:25 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

Besides I would hate the hassle of having to go through security with anything expensive like an iPad or a laptop. There is no hassle going through airport security with an ipad or laptop. Shoes are another matter though, so maybe you travel barefoot. Or did you mean some other kind of security? Me...
by momar
Sun Aug 18, 2013 3:35 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

Besides I would hate the hassle of having to go through security with anything expensive like an iPad or a laptop. There is no hassle going through airport security with an ipad or laptop. Shoes are another matter though, so maybe you travel barefoot. Or did you mean some other kind of security? Me...
by momar
Sun Aug 18, 2013 3:33 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

Why take a cell phone or computer with you on vacation? Those things are a nuisance. You're not going to feel like you're on vacation. I understand that they've become necessary evils, but the whole point of taking a vacation is to get away from it all. I leave those things at home. Spyware, malwar...
by momar
Sun Aug 18, 2013 3:08 pm
Forum: Investing - Theory, News & General
Topic: P/E ratio
Replies: 6
Views: 965

Re: P/E ratio

Someone might determine that the company will have much better earnings in the future.