| Money Talk|| re: Capital Gains at Death - Maderan on 1/21/15 at 4:39 pm|
Negative basis is a lose way of saying negative capital--debt in excess of basis. Many long term real estate investors I work with use this as a term. The basis is not actually negative....
| Money Talk|| re: Capital Gains at Death - Maderan on 1/21/15 at 4:16 pm|
The real estate is the real big issue here. Most of the time if you have held income producing real estate long enough then the cost basis is reduced to zero.
If you are investing in real estate then you more than likely will keep leverage (loans) on the property so you can continue to grow a por...
| Soccer Board|| re: The "US can't compete because athletes choose other sports" Argument - Maderan on 12/15/14 at 11:52 am|
My personal observation is that US soccer isn't concerned with the training of kids till maybe 12 years old.
Even the MLS development academies are set up this way currently. They look at development as a funnel with a large amount of players in one end and a few coming out the other. They often...
| O-T Lounge|| re: Whats the fastest way to knock out a foreign languange requirement? - Maderan on 11/6/14 at 9:46 am|
Testing is pretty easy. I tested out of 12hrs after not having a Spanish class for 3 years.
| O-T Lounge|| re: Best place to sell iphone 5 - Maderan on 10/22/14 at 9:07 am|
I used swappa when selling my GS4 earlier this year. Trade in and gazelle were like $75 to $90 and sold it for $269 on swappa.
Thought it was great and you can look at the history of what your phone is selling for and decide how to price it. I went $10 below the average and it sold in 2 days.
| O-T Lounge|| re: Is there anything decent about Slidell? - Maderan on 10/1/14 at 3:57 pm|
There is a lot more money in Slidell than you would think. Some really nice areas.
| O-T Lounge|| re: What is the best thing you have ever won in McDonald's Monopoly? - Maderan on 9/28/14 at 10:19 pm|
$20 in cash instant win. Was at the one on Burbank and Lee....
| Food and Drink Board|| re: Best type of roast to use in slow cooker? - Maderan on 9/11/14 at 11:49 am|
Chuck is the best after trying most of the others. Yes it is fattier but IMO that is why it is better. I pull the whole roast out after it is cooked and remove all the fat then put it back in the cooker.
Will shred with a fork tender. ...
| Money Talk|| re: Help me out MT (401k related) - Maderan on 9/9/14 at 9:00 am|
There is a time requirement from the DOL. Small businesses have 7 days from withholding or receipt of funds to get them into the plan to be deemed in compliance with the rules.
Larger companies (100 Employees+) do not follow the same safe harbor rule and must submit as soon as reasonably possibl...
| Money Talk|| re: Need help picking advisor (dimensional fund advisors) - Maderan on 9/7/14 at 4:36 pm|
S&P is up 10% you are up 80% of that or 8%. S&P is down -10% you are down 50% of that or -5%....
| Money Talk|| re: Need help picking advisor (dimensional fund advisors) - Maderan on 9/7/14 at 12:22 pm|
Since the start of the S&P there have only been 2 (possibly 3) starting distribution years where you would have run out of money with a 5% distribution rate of you staring investment and an investment strategy capturing 80% upside S&P and 50% downside.
Two of years were the first years of the gr...
| Money Talk|| re: Need help picking advisor (dimensional fund advisors) - Maderan on 9/5/14 at 11:06 am|
It looks like you have some great habits from a savings standpoint and you are way ahead of the curve of individuals your age when it comes to savings.
It really depends on what you define as an early retirement (45, 50, 55 or ASAP). What additions do you plan on making on an annual basis while w...
| Money Talk|| re: Need help picking advisor (dimensional fund advisors) - Maderan on 9/5/14 at 9:55 am|
I can give you an opinion of what I think you should be looking for if you give me some basic info.
Info like age and purpose of account (retirement, to eventually purchase house, take care of parents, for heirs etc). A more complete financial picture is obviously much better but may not be infor...
| Money Talk|| re: Need help picking advisor (dimensional fund advisors) - Maderan on 9/5/14 at 9:37 am|
My advice is to go with who you feel comfortable with.
All fee only Registered Investment Advisors (RIA) have fiduciary duty to their clients to only provide advice to them that is in the clients best interests. I probably would not go with an advisor who is accepts commissions of any kind or on...
| Money Talk|| re: Need help picking advisor (dimensional fund advisors) - Maderan on 9/5/14 at 9:12 am|
Just like every other fund company out there DFA has funds that are good and funds that aren't. There really aren't any one stop shops when it comes to funds/managers.
Don't be taken in by exclusivity, that is just a marketing tactic. They want to you make the credibility association with the adv...
| O-T Lounge|| re: this is mind blowing - Maderan on 9/5/14 at 8:49 am|
According to Adams:
Universe Population: None. Although you might see people from time to time, they are most likely products of your imagination. Simple mathematics tells us that the population of the Universe must be zero. Why? Well given that the volume of the universe is infinite there must b...
| Money Talk|| re: Northwestern Mutual - Should I? - Maderan on 8/21/14 at 3:53 pm|
[quote]So, if say a policy got 8% after tax over the past 30 years, it would have been worth buying?[/quote]
I think anyone would take a guaranteed 8% after fees and taxes for the next 30 years as a portion of their portfolio. If fact, most insurance companies and pension plans would invest heavi...
| Money Talk|| re: Northwestern Mutual - Should I? - Maderan on 8/21/14 at 3:37 pm|
I don't think it is a smoke and mirrors product. I think it is a product that makes sense for some people who have no appetite for risk and are looking for guaranteed returns.
As the rate of return in the WL policy goes up the rate of return you can achieve outside of the policy does as well so i...
| Money Talk|| re: Northwestern Mutual - Should I? - Maderan on 8/21/14 at 3:16 pm|
I don't think that question has a general applicable answer. I think each individual needs to value the components of return, death protection, and risk reduction individually. The answer is a sliding scale for the policy purchaser.
I can tell you that I don't expect them to pay worthwhile rates ...
| Money Talk|| re: Northwestern Mutual - Should I? - Maderan on 8/21/14 at 2:53 pm|
[quote]Whole life, universal life, annuities, and other BS instruments are nothing more than smoke screens to hide excessive fees and commissions. Its a shell game that most people can't figure out. The products are sold exploiting individuals fear of the unknown and love for their family. [/quo...