Recent content by peorth

The following is commentary I read from another forum, directed at recent government bailout of banking/mortgage industry, rate cuts, etc. It's from a very different point of view and I thought it might be interested to read. ================== Minyanville - NEWS & VIEWS-Article...

"Debt is like air to consumers Attention is like air to women A job is like air to a man When you become wealthy, you don't need debt, attention, or a job."

I didn't have the time to read though the entire thread (and posted previous thread link) -- apologies if these points have already been brought up. Why pay off, or not pay off your home? On a 30-year loan, in year 1, about 90% of your payment is interest and 10% principal. So if you're young...

I'd note that it's also a lot easier to relocate to a cheaper place to live today. Unlike the old days when you had to show up to the factory or company for work, today you could telecommute and work remotely for many jobs. If you can save a decent amount of $ in the US, you could retire early...

Hello, States have side-wide policy on state income tax, but not property tax. Your property tax can vary within the state from city to city and from county to county. Some counties have pretty arcane ways to calculate your property tax. For example, in Las Vegas: Las Vegas Property Tax, How...

Hmm... Short term: Get married next year (2008 ) Purchase larger home (2010'ish, depending on market conditions) Intermediate term: Invest in additional income properties in US or other countries Continue to invest in retirement fund Long term: Have sufficient passive income from investment...

I bought into this fund last year and has been happy with it. It's part of my "core" holdings. I sold VEIEX but kept VHGEX.

Isn't that fund closed?

My portfolio is pretty screwed up. :confused: I was taking a trip overseas last month and knew I wouldn't have internet access. I felt the stock market was overvalued and wanted to reduce some risks, so I sold most of my stocks (except Apple) and VEIEX mutual fund. The result is that I have...

If she has an acne problem, then the $ is well spent. It's acceptable for women to spend a reasonable amount of $ to maintain herself, because it's for your benefit too. You're in a better position that me when I was 22. I spent age 18-28 chasing kitty <cough> and blew most of my $ on DOT com...

Let's say... hypothetically, you had $200k on hand, and you put $100k in Vanguard Global Equity, and the other $100k in Vanguard Prime Money Market. How would you adjust your allocation today, if you think you might pull some $ out in ~3 years to purchase additional property?

I think the USD will continue to depreciate, and would like to keep part of my cash reserve in foreign currency CD deposits.

If you want to take cash: Generally speaking, you can take up to $10,000 Euros into any EU country, and up to $10,000 USD into any Asian country without declaration. However when you exit the country, there may be additional restrictions on local currency. For example in Taiwan: Taiwan...

Hi All, This will be my first post here. :) A little bit about myself: 36, male, single, current non-retirement/non-real estate $$ allocation is 50% in mutual funds & stocks, and 50% in money market and bank deposits. Yes it does seem a bit unusual to have such a heavy cash position. I...