Search found 5036 matches

by inbox788
Tue May 08, 2018 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Buying out car lease loan
Replies: 11
Views: 1147

Re: Buying out car lease loan

dm200 wrote:
Tue May 08, 2018 10:07 am
I still do not understand why it is important for you to be on a/the loan?
Yeah, I wouldn't want to be on the hook for a loan if I didn't have to. Practically, it might help ones credit score, but that's about all I can think of.
by inbox788
Tue May 08, 2018 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Mail Check or Wire Funds from Vanguard IRA fund to Bank IRA CD??
Replies: 14
Views: 861

Re: Mail Check or Wire Funds from Vanguard IRA fund to Bank IRA CD??

Update: Now I'm back to square one. I received a message from Ally which, for technical reasons, I was not able to access for a few days. It says that they cannot accept a form submitted by secure email. I have to snail mail them the form, which they will snail mail to Vanguard, etc. and that the p...
by inbox788
Tue May 08, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: DAF with <$5k minimum contribution?
Replies: 17
Views: 1110

Re: DAF with <$5k minimum contribution?

I have plenty of large capital gains available for our annual donations, but $5k is more than I'd want to donate today. What total amount do you plan to contribute this year to the DAF this year and how much will wind up granting to the charities? Is this a one-time contribution or will you continu...
by inbox788
Mon May 07, 2018 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Buying out car lease loan
Replies: 11
Views: 1147

Re: Buying out car lease loan

At the end of the lease- Ah, maybe he's preapproved for a particular type of loan from the leaser. He may also be on the hook for a lease disposal fee, and buying the car for the residual and/or taking a loan from the same lender may or may not waive the fee. Don't forget to shop around for a bette...
by inbox788
Mon May 07, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Buying out car lease loan
Replies: 11
Views: 1147

Re: Buying out car lease loan

No, doesn't make any sense to me, but it might be more of a hassle to deal with the bank bureaucracy. Are you midstream on the lease or at the end?

I'd just do what's most expedient and not worry about a 2% risk, and if it does happen, deal with it then.
by inbox788
Mon May 07, 2018 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Factors Suggesting One Should Buy SPIA
Replies: 90
Views: 6500

Re: Factors Suggesting One Should Buy SPIA

IMHO one should step back and look at the annuity industry on a macro level first. ... In my situation, I have heirs that I would like to leave a legacy. So I have made the active choice that they are going to take their chances with me being able to manage my money in such a way that I can spend w...
by inbox788
Mon May 07, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance
Replies: 45
Views: 3394

Re: Long term care insurance

Most long-term care insurance policies purchased before 1/1/1997 did not include home care. Most long-term care insurance policies purchased after 1/1/1997 do include home care. About 99% of the long-term care insurance policies purchased today include home care. Long-term care insurance policies p...
by inbox788
Mon May 07, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance
Replies: 45
Views: 3394

Re: Long term care insurance

I don't understand your question. The article you linked to is also very confusing. It reads like it was written by someone who doesn't understand English very well. If 80% of long term care is provided at home, does LTCI cover it, and if so, what costs are covered? Home nurse visits? Rent? Meals? ...
by inbox788
Mon May 07, 2018 11:39 am
Forum: Investing - Theory, News & General
Topic: Which brokerage has the lowest ER on SP500 index fund?
Replies: 29
Views: 1260

Re: Which brokerage has the lowest ER on SP500 index fund?

My secondary consideration would be the breadth of available low-cost investment options. A corollary to this is the absence of high-cost investment options. It is one of the reasons I choose Vanguard over Fidelity. For me, both have sufficient low-cost options, but IMO, there are many more high-co...
by inbox788
Mon May 07, 2018 2:28 am
Forum: Personal Finance (Not Investing)
Topic: Long term care insurance
Replies: 45
Views: 3394

Re: Long term care insurance

80% of the people who need long-term care receive it at home. Nursing home statistics are not very helpful. Do you have a citation for that number? Congressional Budget Office. Living Arrangements for Elderly People Receiving Long-Term Services and Supports, 2010 Published 2014. Exhibit 12 Page num...
by inbox788
Mon May 07, 2018 2:15 am
Forum: Personal Finance (Not Investing)
Topic: Minimizing Capital Gains on Inheritance
Replies: 12
Views: 1463

Re: Minimizing Capital Gains on Inheritance

This seems like the easiest path. You'd probably want to set up a Donor Advised Fund and pre-fund it with a few years worth of contributions. You can lots of advice on the interwebs (and Bogleheads) about DAFs. You probably aren't going to donate all of the stock to the DAF but if you pick the ones...
by inbox788
Mon May 07, 2018 1:27 am
Forum: Personal Consumer Issues
Topic: New car for my wife
Replies: 25
Views: 2631

Re: New car for my wife

I'd suggest a 4WD RX350. The Altima probably seems like a downgrade. I didn't know the Altima came in AWD/4WD. https://www.nissanusa.com/vehicles/future-concept/19-altima.html What costs are you including in the numbers? https://www.edmunds.com/lexus/rx-350/2018/st-401744191/cost-to-own/ Edmunds est...
by inbox788
Sun May 06, 2018 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Another Car Keep/Buy Question
Replies: 14
Views: 1162

Re: Another Car Keep/Buy Question

I leased a new 2017 Subaru Outback Limited w/ Eyesight and Nav for $360 a month. I have 2 years to go on the lease and my buyout now is $30k and carmax offered $27,500. ...I am considering trading it in for a certified luxury sedan (Lexus or Acura), or a Toyota Camry/Avalon V6. These can all be fou...
by inbox788
Sun May 06, 2018 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Comparing 2 physician jobs
Replies: 69
Views: 5900

Re: Comparing 2 physician jobs

"And how many specialists, not to mention subspecialists does a town with 20k need?" Four sub-specialists in at least two different fields. "I don't see how most specialists keep their doors open with such a limited population." The more common problem is an inability to attract and retain enough s...
by inbox788
Sun May 06, 2018 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Comparing 2 physician jobs
Replies: 69
Views: 5900

Re: Comparing 2 physician jobs

I am about to graduate subspecialty residency training. I am in a unique position because my field is highly specialized and highly compensated. Offer #1: I would be an employee of a large, not-for-profit hospital system in a middle-of-nowhere rural area (town size ~20k people in the Midwest, liter...
by inbox788
Sun May 06, 2018 11:56 am
Forum: Investing - Help with Personal Investments
Topic: Berkshire Hathaway B
Replies: 65
Views: 6315

Re: Berkshire Hathaway B

There are 20 other single stocks that BRK has higher stake than AAPL or 5% The % of the stock owned isn't particularly relevant to a BRK investor. Click on the holding value of the position in that link. Apple is now by far the largest investment of the traded equities. I believe there are filing r...
by inbox788
Sun May 06, 2018 11:49 am
Forum: Investing - Theory, News & General
Topic: Retirement accounts changing funds without notice
Replies: 6
Views: 678

Re: Retirement accounts changing funds without notice

You should have been informed. Are you sure you did not miss any inserts? For the 2030 funds, I believe the two are essentially the same with different symbols. I think the funds are the same, but TIAA adds a wrap fee and obscures the fees. Check the fine print to see how much extra you're paying. ...
by inbox788
Sun May 06, 2018 11:38 am
Forum: Investing - Theory, News & General
Topic: Shorting - Can Someone Explain
Replies: 32
Views: 2176

Re: Shorting - Can Someone Explain

Sell High, Buy Low! We have this mistaken belief that stocks only go up, when if fact they go up or down. When a stock is going down in price, you can make money selling it first at a higher price, and buying it back when it's lower. If the market is in a bubble and you fear it's going to crash, and...
by inbox788
Sun May 06, 2018 1:47 am
Forum: Investing - Help with Personal Investments
Topic: Mobile Deposit Gone Wrong
Replies: 19
Views: 2719

Re: Mobile Deposit Gone Wrong

Check your other accounts, maybe it landed there. Made 2 strange error at Citibank in last couple of months. I could swear I didn't make the mistake at the time, but the record shows otherwise. It could be glitches on their website or poor interfaces that facilitate errors. In both cases, the errors...
by inbox788
Sat May 05, 2018 9:02 pm
Forum: Investing - Theory, News & General
Topic: How do brokerages make $s on cheap index funds?
Replies: 57
Views: 4981

Re: How do brokerages make $s on cheap index funds?

The math looks worse at the individual account level, especially for small accounts. Schwab is grossing $3 on a $10,000 account. Surely it's losing money on those accounts, and hoping to make it up elsewhere (either on larger accounts or other products). An Vanguard isn't grossing much more. Do you...
by inbox788
Sat May 05, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 268
Views: 33462

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

This guy found a way to disable VCM (variable cylinder management) on his Odyssey V-6 Works if you don't mind driving around with the check engine light on all the time. I have successfully disabled VCM on my 2008 Odyssey Touring by pulling the connector off of the rocker arm oil pressure sensor. T...
by inbox788
Sat May 05, 2018 4:37 pm
Forum: Investing - Help with Personal Investments
Topic: Inlaws are 100% in a single stock - help diversify
Replies: 21
Views: 2520

Re: Inlaws are 100% in a single stock - help diversify

They’re in their mid 70s and 100% invested in the company stock from where they retired. Their overall AA is about 66% stock, 33% cash. ... TIRA : Low 6 digits 80% cash 20% invested in a single stock Any limitations or tax consequences of selling the single stock in TIRA? If not, I would immediatel...
by inbox788
Sat May 05, 2018 3:52 pm
Forum: Investing - Theory, News & General
Topic: Chart: When 90% of the Stock Market is Indexed
Replies: 20
Views: 2662

Re: Chart: When 90% of the Stock Market is Indexed

Under these assumptions, if half of the market is indexed (in red above), active managers will still do 91% of the trading. Indeed, if 90% of the market is indexed, active managers will still be doing 53% of the trading. This makes it unlikely that indexing will ever have a significant impact on ma...
by inbox788
Sat May 05, 2018 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Berkshire Hathaway B
Replies: 65
Views: 6315

Re: Berkshire Hathaway B

I own shares in Berk and Apple. I halved my Apple shares a few years ago since it was 6% of portfolio, now down to 3% as the max for individual equities. Have had brk for 4 years and haven't added or sold. I have other large caps (Amz, Netflix, JPM) and with the last few years of outperformance hav...
by inbox788
Sat May 05, 2018 1:47 pm
Forum: Investing - Theory, News & General
Topic: Dividend Drag?
Replies: 22
Views: 1444

Re: Dividend Drag?

Previously, I had been convinced that focusing on total return was a better approach than focusing on dividends, because of the dividend drag issues. What is your understand of "dividend drag"? The whole article assumes no other income. Are you working? That usually raises your tax bracket. So I'm ...
by inbox788
Sat May 05, 2018 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Basic knowledge-inexperienced and overwhelmed
Replies: 43
Views: 3334

Re: Basic knowledge-inexperienced and overwhelmed

I’m interested in putting some of my money in a mutual fund!or more than one. I don’t have a lot of extra money but I easily pay my monthly bills and save about 500 a month. I can’t add more money to my retirement account and would like to put some money in a mutual fund instead of a savings accoun...
by inbox788
Sat May 05, 2018 12:04 pm
Forum: Personal Consumer Issues
Topic: Arghhh! Oven Door Fell Off Again! <Update post 15>
Replies: 15
Views: 1677

Re: Arghhh! Oven Door Fell Off Again!

BTW, 408 area code is Phoenix. That would be news to much of Silicon Valley. You didn't get the memo? lysdexics of the world unite! Lol, moving from the Bay Area to the Greater Phoenix area was a challenge for this mildly dyslexic person. But I knew what he meant. :wink: I don't think I'm dyslexic,...
by inbox788
Sat May 05, 2018 12:00 pm
Forum: Investing - Theory, News & General
Topic: Paying down your mortgage as a way to balance your portfolio?
Replies: 72
Views: 3845

Re: Paying down your mortgage as a way to balance your portfolio?

Colorado. Owe 130k, 3%, 10yrs remaining. Worth 625k. I think I'll take the standard deduction in the years to come. 4.6% state. 12% federal (next year, I think). The 10 year treasury is floating right around 3%, so it's pretty Even Steven. If you're not taking the mortgage deduction, there's no fed...
by inbox788
Sat May 05, 2018 4:31 am
Forum: Investing - Help with Personal Investments
Topic: Top tax bracket in CA - Bonds all muni?
Replies: 24
Views: 3151

Re: Top tax bracket in CA - Bonds all muni?

Thanks for the advice. I forgot to mention that this was a taxable portfolio. Stocks are more tax efficient and should go in taxable as much as possible. Have you exhausted bonds in tax advantaged accounts? I know it's an old thread, but it might help to re-evaluate or someone reading this. https:/...
by inbox788
Fri May 04, 2018 8:02 pm
Forum: Investing - Theory, News & General
Topic: Paying down your mortgage as a way to balance your portfolio?
Replies: 72
Views: 3845

Re: Paying down your mortgage as a way to balance your portfolio?

I consider mortgage as a negative bond, so yes, if it makes sense. What is your mortgage rate? fixed? Bond returns? Tax impact? https://www.bogleheads.org/wiki/Owning_vs_renting#Impact_on_portfolio_.28negative_bonds.29 https://www.bogleheads.org/wiki/Paying_down_loans_versus_investing#Guidelines_for...
by inbox788
Fri May 04, 2018 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Car lease almost over.....Qs on buying it
Replies: 7
Views: 1002

Re: Car lease almost over.....Qs on buying it

We like the 2016 Ford Explorer we have been leasing the last 3 years and may want to buy it. Is there any strategy to this? Should we make an offer to the dealer? I confess I have not looked at the the fine print of the Ford lease agreement. Any experts out there? What's the model/trim and MSRP? Wh...
by inbox788
Fri May 04, 2018 6:21 pm
Forum: Personal Consumer Issues
Topic: Thinking of getting an Apple Watch
Replies: 82
Views: 8178

Re: Thinking of getting an Apple Watch

I'm thinking about purchasing the Apple Watch Series 3 GPS + Cellular. For those of you who got the Cellular, what plan are you on (carrier, cost,etc.)? What apps do you use and how much data is consumed by the watch/plan? How many hours are you untethered from your phone where the watch is all you...
by inbox788
Fri May 04, 2018 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Berkshire Hathaway B
Replies: 65
Views: 6315

Re: Berkshire Hathaway B

Saw this article on MarketWatch this morning titled, "Here’s how Warren Buffett’s stock picks for Berkshire Hathaway have performed in 2018" In short: Berkshire Hathaway B shares beat S&P 500 3-yr total return by 3% but lost to the S&P 500 in 5-yr total return and 10-yr total return by 3% and 14%, ...
by inbox788
Fri May 04, 2018 4:38 pm
Forum: Personal Consumer Issues
Topic: Permanent Address for banking
Replies: 10
Views: 886

Re: Permanent Address for banking

I've thought about adopting a nomad experience in retirement and have come across these options: https://www.escapees.com/mail-service/how-escapees-mail-forwarding-service-works/ https://www.escapees.com/the-ten-commandments-of-texas-domicile/ http://yourbestaddress.com/sd-residency/benefits-to-sd-r...
by inbox788
Fri May 04, 2018 11:06 am
Forum: Personal Finance (Not Investing)
Topic: How old is too old for a vehicle, even for a well running one ?
Replies: 83
Views: 4911

Re: How old is too old for a vehicle, even for a well running one ?

I’m struggling with this at the moment. I have a 2001 odyssey with like 130k mikes on it that needs a catalytic converter. Dealer is quoting like $1500. What should I do? Take it to a muffler shop and get a non OEM part installed? Or is it time to junk the car? PM me if you are getting P0420 check ...
by inbox788
Fri May 04, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: How old is too old for a vehicle, even for a well running one ?
Replies: 83
Views: 4911

Re: How old is too old for a vehicle, even for a well running one ?

It really depends on the car and how reliable it has been throughout its life. We dropped 1.2K on an 18-year old vehicle last summer without thinking twice. If I got an estimate that high on such an old car, I would have considered the value of the car and the need for the service before proceeding...
by inbox788
Fri May 04, 2018 10:29 am
Forum: Personal Finance (Not Investing)
Topic: How old is too old for a vehicle, even for a well running one ?
Replies: 83
Views: 4911

Re: How old is too old for a vehicle, even for a well running one ?

There is never too old. It's all about the condition. But realize that the older the car, the more exposed you are to crippling repairs that will render the car not worthwhile to keep. Also, and people forget this, safety improves all the time. Just because you have a 2002 Mercedes C-class that bac...
by inbox788
Thu May 03, 2018 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: How are you widow-proofing?
Replies: 35
Views: 4443

Re: How are you widow-proofing?

This site and wiki contain a wealth of information, but much of it is general and not a guideline or task list to follow. And even those areas that have some step by step instructions require individuals to fill in the blanks. https://www.bogleheads.org/wiki/Bogleheads®_personal_finance_planning_sta...
by inbox788
Thu May 03, 2018 8:34 pm
Forum: Personal Consumer Issues
Topic: Arghhh! Oven Door Fell Off Again! <Update post 15>
Replies: 15
Views: 1677

Re: Arghhh! Oven Door Fell Off Again!

You could try to fix it yourself. Seems like a common problem, but the general door hinge fix is not sufficient and you have to find the right part to change the hanger in the oven itself if you can find the right part. That's going to be the challenge. BTW, $350 seems expensive to change out a few ...
by inbox788
Thu May 03, 2018 7:30 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 268
Views: 33462

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

And be sure the dealer changes the oil filter! I can't imagine they wouldn't but that filter holds some oil and would account for not only over filled oil level but dirty old oil contaminating your new oil, it is like taking a shower and putting back on all the clothes you wore all day in the heat ...
by inbox788
Thu May 03, 2018 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Quick one re: Liquidating ESPP Purchases to Diversify
Replies: 7
Views: 542

Re: Quick one re: Liquidating ESPP Purchases to Diversify

From my research and talking to Vanguard I think it is easiest to liquidate at Fidelity (ESPP custodian) and then transfer the cash into VASGX. Yup. Cash transfer keeps the accounting cleaner and clearer. Sometimes trading costs at the custodian are more, but transferring in kind have costs too (bo...
by inbox788
Thu May 03, 2018 11:14 am
Forum: Personal Consumer Issues
Topic: If you really like the CR-V, you should check out the [_____]
Replies: 79
Views: 6311

Re: If you really like the CR-V, you should check out the [_____]

I'm not sure how much it helps to avoid the first year of a redesigned vehicle. For example, in the case of the new CRV there is no difference between the 2017 and 2018 models. They're all coming off the same assembly line and being shipped to dealer lots, and it sorta depends on the calendar of de...
by inbox788
Thu May 03, 2018 10:47 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 268
Views: 33462

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

I think what Honda is saying that with 30mm fuel dilution, their vehicles will have no warranty problems for 3y/36K miles. That is all they really care about. Agree, that's all they're saying. Hopefully, they care more and act accordingly and it's their lawyers keeping them from saying more. As far...
by inbox788
Thu May 03, 2018 10:27 am
Forum: Personal Consumer Issues
Topic: If you really like the CR-V, you should check out the [_____]
Replies: 79
Views: 6311

Re: If you really like the CR-V, you should check out the [_____]

Bought a new 2003 Odyssey to replace a Dodge Caravan with a bad transmission. Everyone (including presumably Consumer Reports) was raving about the Odyssey. Paid a premium for the vehicle - dealer wouldn't go below MSRP. Transmission went out twice. Piece of crap. What years? Would JD Power (90 day...
by inbox788
Thu May 03, 2018 2:27 am
Forum: Personal Consumer Issues
Topic: If you really like the CR-V, you should check out the [_____]
Replies: 79
Views: 6311

Re: If you really like the CR-V, you should check out the [_____]

I like the CR-V because it's fuel efficient and (hopefully proves to be) reliable. It also doesn't have a bunch of bells and whistles I don't need, like a heated steering wheel (I live in south FL). I don't like the idea of getting another CR-V because having two seems...duplicative? More to the po...
by inbox788
Thu May 03, 2018 1:47 am
Forum: Investing - Theory, News & General
Topic: Allocating to last year's S&P (joke? riddle? paradox?)
Replies: 47
Views: 3284

Re: Allocating to last year's S&P (joke? riddle? paradox?)

I'm dense. I'm not sure what's going on here, but if 1 year delay is good, wouldn't 2 year delay be betterer? [ I'm going back to the top and see if a second reading makes any more sense. Went back for a second look and got a little out of it.] Haven't you just proven that a 2 year moving average is...
by inbox788
Wed May 02, 2018 1:07 pm
Forum: Personal Consumer Issues
Topic: If you really like the CR-V, you should check out the [_____]
Replies: 79
Views: 6311

Re: If you really like the CR-V, you should check out the [_____]

JD Power ratings do not have much value to me. That's "as delivered" quality, right? I am more interested in how the reliability is 5 to 10 years down the road. That's why I look to Consumer Reports. Initial quality covers the ? first 3 months?, while the dependability study looks at 3 years. This ...
by inbox788
Wed May 02, 2018 12:50 pm
Forum: Personal Consumer Issues
Topic: Device or app to find road gradient while biking?
Replies: 18
Views: 1177

Re: Device or app to find road gradient while biking?

I'm not sure what I'm missing, but I think this is correct. An inertial system with gyros and accelerometers will work just fine. You break down the acceleration into horizontal and vertical components. Aside from bopping up and down, which zero out, your main acceleration direction is horizontal, a...
by inbox788
Wed May 02, 2018 3:13 am
Forum: Personal Finance (Not Investing)
Topic: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit
Replies: 180
Views: 17351

Re: Signed Car Lease, Dealer calls later asking for a CO-SIGNER despite excellent credit

[ quote fixed by admin LadyGeek] Daftinvestor — I think OffTheGrid has already stated the dealer’s reason for the problem with the lease when they stated: Update: we are waiting for a call back, as no one was available when we first called, but they left a follow up voicemail saying it was because ...
by inbox788
Tue May 01, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: If you really like the CR-V, you should check out the [_____]
Replies: 79
Views: 6311

Re: If you really like the CR-V, you should check out the [_____]

I would like it to be a low-maintenance car we can drive for a long time that gets great MPGs . Basically the opposite of the BMW X5 I used to own. So, if she likes the CR-V, what other models should we check out? You're seeing suggestions all over the place, some good, some not so good. You're goi...