Search found 5751 matches

by inbox788
Thu Jan 03, 2019 4:47 pm
Forum: Investing - Theory, News & General
Topic: BRK.B in 2019
Replies: 16
Views: 1798

Re: BRK.B in 2019

Not a good day for Berkshire Hathaway, down 5.5% (AAPL down 10%). Is there a list of worst and best percentage days for the stock? https://www.cnbc.com/2019/01/02/buffetts-berkshire-set-to-lose-about-2point8-billion-on-apples-after-market-drop-.html FWIW, a one day 5% change in the SP500 doesn't mak...
by inbox788
Thu Jan 03, 2019 2:55 am
Forum: Investing - Theory, News & General
Topic: BRK.B in 2019
Replies: 16
Views: 1798

Re: BRK.B in 2019

I own my one share of BRKb to yield a 7% discount on GEICO auto insurance. I thought about doing that too, but there are any number of ways to save up to 15% that I don't think stack. So instead of holding on to 1 share, I decided to liquidate all my shares and lump everything together with VTI/VOO...
by inbox788
Wed Jan 02, 2019 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Contributing too much to a 529?
Replies: 43
Views: 3272

Re: Contributing too much to a 529?

Our plan is to fund our daughter’s college (thinking in-state, four-year school). Looking ahead, will we overfund the 529 if we stay the course with the $200 monthly contribution over the next 17.5 years? Not likely. That's only about $40k total, which doesn't take into account returns nor inflatio...
by inbox788
Mon Dec 31, 2018 6:18 pm
Forum: Investing - Help with Personal Investments
Topic: Opinions sought $3.5 M Net Worth
Replies: 76
Views: 8894

Re: Opinions sought $3.5 M Net Worth

Yes, healthcare is one of the major issues in early retirement. You've either got to count on some programs being around or have a large nest egg that covers potential premiums and increases. Another major factor is investment philosophy and risk you're willing to take. Given described history of in...
by inbox788
Mon Dec 31, 2018 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: How much do SPY (SP500) and VO (mid-cap) overlap?
Replies: 10
Views: 358

Re: How much do SPY (SP500) and VO (mid-cap) overlap?

Sorry if this has been addressed, but does anyone know how much these two large/mid cap etfs overlap? I have both, but would consider consolidating the two to just SPY if SPY contains the majority of VO. Depends on how you're going about this. How much VO holdings are you considering? If you held O...
by inbox788
Mon Dec 31, 2018 4:11 am
Forum: Personal Finance (Not Investing)
Topic: Northwestern Mutual Whole Life Insurance (65 Life)
Replies: 61
Views: 3473

Re: Northwestern Mutual Whole Life Insurance (65 Life)

A 10% return would mean that you have $33,000 after a $30,000 investment, you have $3,000 after a $30,000 investment. That's a 90% loss if you think of it as an investment! OP, get out ASAP! You'll pay another $30k next year and you might have another $3k or so to show for it. Share the guaranteed ...
by inbox788
Wed Dec 26, 2018 6:56 pm
Forum: Investing - Theory, News & General
Topic: Donating appreciated securities to charity
Replies: 41
Views: 2745

Re: Donating appreciated securities to charity

Schwab actually says you can contribute assets held in your taxable account via their online form by midnight ET 12/31 or even mail them instructions to transfer the shares postmarked on 12/31 and it will be recorded as a 2018 donation. As soon as you have done either of those things, the shares ha...
by inbox788
Wed Dec 26, 2018 5:38 pm
Forum: Investing - Theory, News & General
Topic: Donating appreciated securities to charity
Replies: 41
Views: 2745

Re: Donating appreciated securities to charity

Most nonprofits, even small ones, are set up to receive stock donations, and definitely prefer to receive them directly. When I worked at a 2-3 person nonprofit, we had a brokerage account for this very reason. As a donor, it may be preferable to use a DAF, but that is not the case from the nonprof...
by inbox788
Wed Dec 26, 2018 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Donor Advised Fund for small donors - my experience
Replies: 49
Views: 2775

Re: Donor Advised Fund for small donors - my experience

However, the projected numbers of those itemizing are staggeringly low. These are only guesses, but the running estimate will be that 90% of taxpayers will not be itemizing this year. I've not seen how the break down between individuals and MFJ taxpayers. Should be very interesting to see. But when...
by inbox788
Tue Dec 25, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Are some insurance polcies philosophically similar to gambling?
Replies: 57
Views: 2893

Re: Are some insurance polcies philosophically similar to gambling?

Gambling increases the variance of the outcome. Insurance decreases the variance of the outcome. How? Gambling I buy 1000 dollars of lottery tickets I have a 1 in 1000 chance of winning If I win I have 100k, If I don't I am out 1000 bucks Life insurance I buy 1000 dollars of life insurance I have a...
by inbox788
Tue Dec 25, 2018 5:28 pm
Forum: Investing - Theory, News & General
Topic: Donating appreciated securities to charity
Replies: 41
Views: 2745

Re: Donating appreciated securities to charity

With a week left in the year, I doubt any DAF can open a new account and get if funded before the end of the year, but if one is looking to do it this year, they can calling all of them tomorrow and see what can still be done. ??? I think it would take about 10 minutes at Fidelity, assuming one had...
by inbox788
Tue Dec 25, 2018 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Are some insurance polcies philosophically similar to gambling?
Replies: 57
Views: 2893

Re: Are some insurance polcies philosophically similar to gambling?

Of course some insurance policies are just bets. Two quickly come to mind: Life insurance: you bet that your life will be short Annuity: you bet that your life will be long TravelforFun Very simple, but effective way to think about these products. Probably means you lose most if you live to expecte...
by inbox788
Mon Dec 24, 2018 3:01 am
Forum: Investing - Help with Personal Investments
Topic: Massive losses; what if I die [before offsetting the losses]?
Replies: 55
Views: 7004

Re: Massive losses; what if I die?

Cash out some long term gains! Besides VTI, what other substantial long term holdings do you have? Are they appropriate and diversified? Depending on your tax bracket now and in retirement, it's not clear whether TGH makes sense.

https://www.bogleheads.org/wiki/Tax_gain_harvesting
by inbox788
Mon Dec 24, 2018 2:22 am
Forum: Personal Finance (Not Investing)
Topic: Northwestern 65 Life - Keep it or dump it?
Replies: 31
Views: 2030

Re: Northwestern 65 Life - Keep it or dump it?

1. No. You should consider the benefits and costs of the policy and see if it meets your needs. Just because you've had it for so long doesn't make sense to keep it. Imagine having this 50 year old car ... https://en.wikipedia.org/wiki/Miss_Belvedere or https://www.ebay.com/itm/1966-BELVEDERE-II-HE...
by inbox788
Mon Dec 24, 2018 2:01 am
Forum: Investing - Theory, News & General
Topic: Donating appreciated securities to charity
Replies: 41
Views: 2745

Re: Donating appreciated securities to charity

I would be more afraid of the charity. When I donated a mutual fund to a charity in 2008, the charity needed to fill out some paperwork to receive the fund, and I had to ask the charity several times, leading to a long delay. I made the donation earlier in the year, so I didn't have to worry about ...
by inbox788
Sun Dec 23, 2018 4:09 am
Forum: Investing - Theory, News & General
Topic: Begin loading the “Elephant Gun”?
Replies: 26
Views: 5127

Re: Begin loading the “Elephant Gun”?

I know folks that bought real estate during the great recession that have returned 400% (ROA) and higher ROI if you included leverage/mortgage. The epicenter of the last great crash was heavily real estate related. If you were able to cash out right before the crash in stocks or real estate, your ti...
by inbox788
Sat Dec 22, 2018 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Are some insurance polcies philosophically similar to gambling?
Replies: 57
Views: 2893

Re: Are some insurance polcies philosophically similar to gambling?

In both activities, a pool of participants pays into the pool, while the business establishment manages risks and takes a cut of the pool as expenses and profits, and redistributes the pool to the participants. Some participants receive more than they put in, but most don't and on average, the part...
by inbox788
Sat Dec 22, 2018 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Are some insurance polcies philosophically similar to gambling?
Replies: 57
Views: 2893

Re: Are some insurance polcies philosophically similar to gambling?

Should I mentally consider these two services similar to each other? No. IMO, it is exactly like gambling, except for the hedging component. In one you're paying for entertainment/thrill, while the other is a risk management service for both the company as well as the customer. In both activities, ...
by inbox788
Sat Dec 22, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Northwestern 65 Life - Keep it or dump it?
Replies: 31
Views: 2030

Re: Northwestern 65 Life - Keep it or dump it?

1. Should I cash out this policy? I am guessing that since I've had it so long, it makes sense to keep at this point. 2. If I keep it at all, should I keep using my dividends to purchase additional insurance? 3. I'm guessing I stop paying premiums when I turn 65 and can cash it out even after that?...
by inbox788
Sat Dec 22, 2018 3:16 am
Forum: Personal Consumer Issues
Topic: Electric scooter for 10y old?
Replies: 17
Views: 741

Re: Electric scooter for 10y old?

What is his current scooter and where does he ride? Not electric, but he might enjoy the Razor A5 Air: https://www.target.com/p/razor-a5-air-kick-scooter---black/-/A-51165673 He has some similar Razor model It's a bit step up from the A to the A5 and the A5 Air opens up more terrain/speed. The elec...
by inbox788
Fri Dec 21, 2018 8:42 pm
Forum: Personal Consumer Issues
Topic: Electric scooter for 10y old?
Replies: 17
Views: 741

Re: Electric scooter for 10y old?

Make sure he's wearing a helmet! What is his current scooter and where does he ride? Not electric, but he might enjoy the Razor A5 Air: https://www.target.com/p/razor-a5-air-kick-scooter---black/-/A-51165673 What do you mean by "adult"? Any specific models you're considering? Razor Electric E1xx/2xx...
by inbox788
Wed Dec 19, 2018 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 187
Views: 19430

Re: Fidelity as a one stop shop

I'm sure I've missed a bunch of things, but you can see that the consolidation idea is a fool's errand. It's basically impossible anyway, and often very suboptimal to always consolidate. It's often much better to pick and choose from each place. (E.g. get your plumber and electrician, from separate...
by inbox788
Wed Dec 12, 2018 7:04 pm
Forum: Personal Consumer Issues
Topic: Best headphones under 500 bucks
Replies: 79
Views: 6742

Re: Best headphones under 500 bucks

I’m trying to find headphones that will give me the best sound for a wide range of music. Everything from classical to hip hop. I’m ok with paying up to 500 bucks, more if it’s truly worth it. I hear Bluetooth doesn’t have as good a sound as wired. Headphones that don’t bleed sound much would be gr...
by inbox788
Wed Dec 12, 2018 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity HSA - Account Closed (Risk Department)
Replies: 20
Views: 2947

Re: Fidelity HSA - Account Closed (Risk Department)

I was locked out of an account some years back with similar stonewall. Learned later that the institution had outsourced some risk management to an outside consultancy and they used proprietary information and algorithms to assess risk. Some combination of my information was marked as risky and ther...
by inbox788
Mon Dec 10, 2018 12:42 pm
Forum: Personal Consumer Issues
Topic: Why is the Honda Fit so hard to find?
Replies: 63
Views: 6044

Re: Why is the Honda Fit so hard to find?

I must say when the Fit first came out it was a fantastic price. Now not so much. I remember getting quotes for 15k + TTL on the highest spec, now you're probably looking at 17k. Not much more, but when relative to slightly larger cars like a Civic/Corolla, you might as well spend a bit more unless...
by inbox788
Thu Dec 06, 2018 2:56 pm
Forum: Personal Consumer Issues
Topic: How to cheaply replace my smartphone?
Replies: 29
Views: 1958

Re: How to cheaply replace my smartphone?

I have been using a Samsung Galaxy J7 V for past two years through Verizon. It is now becoming rather slow and sluggish. I uninstalled a bunch of apps but I think it just needs more memory. So can I buy any unlocked phone? Specifically I was looking at these ones: https://www.amazon.com/gp/offer-li...
by inbox788
Wed Dec 05, 2018 3:59 pm
Forum: Personal Consumer Issues
Topic: Regarding iPhone. Is there an app for day vs night?
Replies: 13
Views: 1336

Re: Regarding iPhone. Is there an app for day vs night?

My elderly mom is slowly getting dementia. Recently after the time change, she has started to get disoriented and at 4 am/pm she can’t tell if it’s day or night. It’s causing her some problems. She’s pretty good with her iPhone. I’m wondering if there is an app that will change the wallpaper to ref...
by inbox788
Tue Dec 04, 2018 7:34 pm
Forum: Investing - Help with Personal Investments
Topic: Surrender a Universal Life Policy? Help
Replies: 4
Views: 441

Re: Surrender a Universal Life Policy? Help

1) Surrender the policy now and take the huge hit. Take the $5000 per year that I was paying on premiums and invest that into a three fund portfolio of index funds. Purchase a term policy. 2) Continue to pay the $5000 per year on this policy for a period of time and then when the accumulation value...
by inbox788
Mon Dec 03, 2018 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Where to put "left over" money
Replies: 18
Views: 1870

Re: Where to put "left over" money

I usually leave leftovers in the refrigerator, and try to use it up before it spoils. For longer term storage, you can put it in the freezer, but don't let this happen to you: http://www.canoncitydailyrecord.com/news/colorado/ci_32154671/amp-8216-it-was-everything-thornton-woman-lost "cold hard cash...
by inbox788
Sun Dec 02, 2018 5:12 pm
Forum: Investing - Theory, News & General
Topic: I'm up 5% ytd and I will take it
Replies: 55
Views: 6166

Re: I'm up 5% ytd and I will take it

YTD, SP500 +1.75%, BND -4%, VXUS -13%! How's everyone adding up their returns? In a year when it's up or down 1% for one's entire portfolio, a 1 or 2% dividend can be substantial. Also, anyone paying 1% AUM has to figure it plays a part somewhere. Plus bonds are now yielding 2-3%, but falling about ...
by inbox788
Sun Dec 02, 2018 1:18 pm
Forum: Personal Consumer Issues
Topic: Best new Mac/features for 2000-3000
Replies: 60
Views: 4027

Re: Best new Mac/features for 2000-3000

Old Dell worn out. Just surfing, video/pic archives, streaming youtube/other prgms, but no gaming. Would love a decent sized screen, say 24 in . Not sure if I need a 3k computer, that's why I'm asking. Typically buy one every 4 yrs-6 yrs. Why not just replace the worn out one with the same thing? W...
by inbox788
Thu Nov 29, 2018 3:48 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance Never Paid Up
Replies: 7
Views: 1355

Re: Life Insurance Never Paid Up

What is the interest rate that he can borrow from the policy to pay the premium. Does he have any Paid Up Additions beyond the current dividend that can be used to pay the premium? The decision on what to do may depend on whether the policy holder needs cash or has cash and wants to leave a larger ...
by inbox788
Thu Nov 29, 2018 1:36 am
Forum: Personal Finance (Not Investing)
Topic: Life Insurance Never Paid Up
Replies: 7
Views: 1355

Re: Life Insurance Never Paid Up

I thought most whole life policies are paid up age at 100 (or 120 these days). Also, I thought the premiums were guaranteed (flat/fixed mostly). The only variable was the dividend which seems to be the shortfall. Check the policy and let us know if these are the case, or maybe it's one of those more...
by inbox788
Wed Nov 28, 2018 6:34 pm
Forum: Personal Consumer Issues
Topic: Why is the Honda Fit so hard to find?
Replies: 63
Views: 6044

Re: Why is the Honda Fit so hard to find?

drg02b wrote:
Wed Nov 28, 2018 6:18 pm
bob60014 wrote:
Tue Nov 27, 2018 9:47 am
You can tell where the focus is.
It's on the Ford lot.
:oops:

And it should be Foci, Lexi and Prii, not Focuses, Lexuses and Priuses. And lest not get into fit or Fit or fits or fit's.
by inbox788
Tue Nov 27, 2018 1:46 pm
Forum: Personal Consumer Issues
Topic: Why is the Honda Fit so hard to find?
Replies: 63
Views: 6044

Re: Why is the Honda Fit so hard to find?

Plus, on a luxury level, I would like the .... I used to have a Fit and it was a great car for what it was but it is about as far from a luxury car as you can get so there is likely very little demand for that trim level. Well, yeah, I know it's not a luxury car. But they offer heated seats and to ...
by inbox788
Tue Nov 27, 2018 2:29 am
Forum: Personal Consumer Issues
Topic: Car advice - new attending - what to buy?
Replies: 37
Views: 3788

Re: Car advice - new attending - what to buy?

I learned my lesson and will not be leasing again. Don't be too hard on yourself. It's not always a mistake to lease, and I would consider leasing in your situation, especially if you can get a subsidized lease (low money factor or other incentives) and you drive the number of miles on the lease. J...
by inbox788
Mon Nov 26, 2018 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Prepaying state property taxes
Replies: 8
Views: 822

Re: Prepaying state property taxes

I'm not sure I understand the reasoning behind the post you cited clearly, but I'll try and figure it out. Lumping deductions is a little complicated, but many people just optimize the federal taxes and leave the state taxes as an afterthought. In some situations you can itemize one and NOT the oth...
by inbox788
Sat Nov 24, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Prepaying state property taxes
Replies: 8
Views: 822

Re: Prepaying state property taxes

What state? I asked a similar question recently and this was one of the best answers I got. It took me a little while to understand what's going and it's a little complicated, but I do think it helps optimize for some. b) the annual property tax assessment is more than 2/3 and less then twice the st...
by inbox788
Sat Nov 24, 2018 2:14 am
Forum: Personal Consumer Issues
Topic: New TV Recommendations Please?
Replies: 80
Views: 5559

Re: New TV Recommendations Please?

The cost matters, but not as much as it did 10 years ago. I agree that OP, since they haven’t upgraded in many years, probably doesn’t care. I care about video and audio, in the same way that some people spend a lot on fine Scotch or wine. It’s all lighter fluid to me, and I prefer water or iced te...
by inbox788
Sat Nov 24, 2018 12:38 am
Forum: Investing - Theory, News & General
Topic: pros and cons of target date funds?
Replies: 69
Views: 8038

Re: pros and cons of target date funds?

IMO, the slightly higher expense fee is a minor issue, especially for smaller accounts. In tax advantaged account, where there is no penalty to change in or out of, there isn't any really much difference until you decide you want more control. The biggest disadvantage in a taxable account is the tax...
by inbox788
Fri Nov 23, 2018 7:24 am
Forum: Investing - Help with Personal Investments
Topic: Bad loan refi advice
Replies: 5
Views: 856

Re: Bad loan refi advice

Who is the lender of record? Who are the payments going to? Like you said, 4% isn't that bad, so you might just consider leaving it be if it causes you no more trouble. Just keep paying the required amount until it's done. Meanwhile, take the money you were going to pay off the loan and invest it in...
by inbox788
Wed Nov 21, 2018 5:47 pm
Forum: Investing - Theory, News & General
Topic: Inflation
Replies: 27
Views: 2740

Re: Inflation

I only see modest inflation in the next 25 years. I believe factors such as an aging population and technological advances will keep it in check. Most people have been looking for inflation for the last 5 years. Me personally i wont be making any changes to my investments due to inflation worries. ...
by inbox788
Wed Nov 21, 2018 5:22 pm
Forum: Investing - Theory, News & General
Topic: Opinion Required
Replies: 41
Views: 2451

Re: Opinion Required

...my friend and I ... We both work in the industry so track prices daily and understand market shifts(well as best as anyone can ). I understand that by switching 100% to cash, we are actively managing and kind of goes against are investment principals. I also totally aware that it may not drop by...
by inbox788
Wed Nov 21, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: Help me winterize my Civic
Replies: 14
Views: 1286

Re: Help me winterize my Civic

Weight: Would adding weight to the car help with snowy driving? Bricks in the trunk a good idea? Not bricks, but sand or kitty litter in case you get stuck in mud or snow. However, you don't want too much weight in the back, since it's front wheel drive. Some weight in the passenger footwell would ...
by inbox788
Wed Nov 21, 2018 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Review after one month with Fidelity Cash Management
Replies: 62
Views: 18884

Re: Review after one month with Fidelity Cash Management

Usually changing money at airports is a ripoff but perhaps the best place a person can exchange money in Bangkok is at the Airport Rail Link in the basement of Suvarnaphumi Airport which is technically on Rail Link property, not airport property. There are extremely tight Buy/Sell spreads . Here is...
by inbox788
Wed Nov 21, 2018 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Why I plan on buying a life annuity - even if it is a stupid idea
Replies: 117
Views: 10883

Re: Why I plan on buying a life annuity - even if it is a stupid idea

... on average, you're better off waiting and NOT annuitizing at start of retirement. The main thing that's better is that it guarantees the amount you ... That's what insurance does. On average you're better off without it, but it guarantees the result. Seems like I was stating the obvious, but of...
by inbox788
Wed Nov 21, 2018 2:04 am
Forum: Personal Consumer Issues
Topic: Budget Laptops
Replies: 17
Views: 2005

Re: Budget Laptops

Fair deal for $300 budget. Decent processor. 14" 1920x1080 Display. Weighs little over 3 pounds. It's an HP, FWIW. Runs Windows. No Touchscreen. Only 4GB memory. Only 128GB SSD. Not bad if you need something right now. What's important to you and what will you be doing with it? I've been looking for...
by inbox788
Wed Nov 21, 2018 12:29 am
Forum: Investing - Help with Personal Investments
Topic: Am I understanding this right about DAFs? If so...wow
Replies: 33
Views: 4006

Re: Am I understanding this right about DAFs? If so...wow

Sounds like a DAF would be great for your situation! You could send a $50 or $100 weekly donation via the DAF, but there is a cost to Fidelity as well as the church. I'd guess it's a couple of dollars to print and mail out checks, so doing it 52 times a year would add up, eventually requiring higher...
by inbox788
Tue Nov 20, 2018 6:10 pm
Forum: Investing - Theory, News & General
Topic: Inflation
Replies: 27
Views: 2740

Re: Inflation

Every year, my electric bill, gas bill, phone bill, trash bill, water bill, cable bill, internet bill, etc. all go up a few percentage points. And that's just the base rate, not including usage. My car payments have gone up, and every new car I've bought has cost quite a bit more than my previous on...
by inbox788
Mon Nov 19, 2018 4:30 pm
Forum: Personal Consumer Issues
Topic: How to share sensitive text & image between computer and phone?
Replies: 21
Views: 1547

Re: How to share sensitive text & image between computer and phone?

Is there more to your specific need? Are you trying to send passwords or other low volume information? Or are you sending sensitive photos and other high volume data? Your own encryption on both ends may be the way to go, especially for smaller and seldom used communications. I haven't looked into ...