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Re: New vs used cars

Well I bought a 4 year old Lexus IS250 for $19k ($34k MSRP), but then I hit a pothole that broke my axle costing me $1500 and a squirrel ate through my power steering wires costing me $3800 and 2 weeks to replace. Still not sure if I'm ahead or not with that purchase. Turns out squirrels don't care ...
by Dumbo
Fri Mar 20, 2015 12:54 pm
 
Forum: Personal Consumer Issues
Topic: New vs used cars
Replies: 39
Views: 2708

Re: need new computer

From a pure security perspective, and especially usability (if you haven't experienced Windows 8 and 10 yet you're in for a shock). I'd avoid anything with Windows on it. Chromebook is a good call ($250) as is a tablet like iPad Air ($400). If you really want the flexibility of a full on computer th...
by Dumbo
Thu Mar 19, 2015 7:31 pm
 
Forum: Personal Consumer Issues
Topic: need new computer
Replies: 13
Views: 1150

Re: Wife tired of saving...

And to the point of Camry vs Lexus, I'll be blunt here but the MPG difference is negligible between the two cars and you're creating a rift in a marriage over whether you guys save $30 a week on a tank of gas. On top of that you make her take a Camry which is uncomfortable (in comparison) when she h...
by Dumbo
Thu Mar 05, 2015 12:53 am
 
Forum: Personal Finance (Not Investing)
Topic: Wife tired of saving...
Replies: 203
Views: 19865

Re: Wife tired of saving...

$40,000 car + $160,000 home upgrade vs $850,000 in divorce + alimony (the remaining $850,000) My crystal ball says you're getting a new home and a new (red) BMW 328 xi, congrats! On a serious note, you both need to compromise and honestly it sounds to me like she feels she's been compromising a lot ...
by Dumbo
Thu Mar 05, 2015 12:42 am
 
Forum: Personal Finance (Not Investing)
Topic: Wife tired of saving...
Replies: 203
Views: 19865

Re: How to find a spouse who wants financial independence

I never had someone use a coupon on a date, ever. No dollar movies for a first date, unless maybe when I was 13. For me, I have a graduate degree and I wanted someone well educated. Being too cheap or spending too much were both red flags for me. I'm an attorney and men tended to focus on that as w...
by Dumbo
Wed Mar 04, 2015 1:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to find a spouse who wants financial independence
Replies: 51
Views: 8309

Re: US citizen vs green card

This might sound a little too patriotic but when my family moved to this country we did everything we could to become US citizens as fast as possible. Everything is a lot easier when you're an American citizen. My original homeland allows dual citizenship so I didn't have to give up anything. There ...
by Dumbo
Tue Mar 03, 2015 8:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: .
Replies: 37
Views: 3722

Re: How to find a spouse who wants financial independence

I think it is important to note that their are plenty of people that want FI and drive this or decorate their home like that or want kids. Money isn't everything, and you should enjoy the time that you have throughout your career as well as in retirement. The goal is to live happily. I think it is ...
by Dumbo
Tue Mar 03, 2015 1:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to find a spouse who wants financial independence
Replies: 51
Views: 8309

Re: Portfolio Review - Rebalancing and Short Term Goals

Something else I've read is that it's often beneficial to convert 401k's into IRAs for flexibility that comes with letting me pick any of the funds I want with whatever mix I'd like. I guess the counter to that would be that my current 401K offers me very good investment options anyways. In that cas...
by Dumbo
Mon Mar 02, 2015 5:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - Rebalancing and Short Term Goals
Replies: 9
Views: 545

Re: Portfolio Review - Rebalancing and Short Term Goals

retiredjg wrote:I would not migrate to this new portfolio. I'd change it to what you feel is more appropriate.


What are you referring to when you say not to migrate it? Do not migrate my 401k's?
by Dumbo
Mon Mar 02, 2015 4:56 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - Rebalancing and Short Term Goals
Replies: 9
Views: 545

Re: Portfolio Review - Rebalancing and Short Term Goals

1. I have not contributed at all to my IRA in a long time. Should I start contributing to that? As opposed to what? Not saving? Putting the money somewhere else? I guess as opposed to just putting all my money into a 401k. I have a Roth IRA I don't contribute to and I do have monthly savings that a...
by Dumbo
Mon Mar 02, 2015 3:14 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - Rebalancing and Short Term Goals
Replies: 9
Views: 545

Portfolio Review - Rebalancing and Short Term Goals

I need everyone's massive brain power to help me out here. Basic Info —————————————————————————————————————————————— Emergency Funds: 7 months Debt: $0 Filing Status: Single Tax Rate: 28% Federal, 9.3% State State of Residence: California Age: 30 Desired Asset Allocation: 30% Bonds (100% US total bo...
by Dumbo
Sun Mar 01, 2015 8:29 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review - Rebalancing and Short Term Goals
Replies: 9
Views: 545

Re: How to find a spouse who wants financial independence

A couple of weeks after our first date I told my wife to be that I had a coupon for the restaurant but didn't think it was prudent to use. She asked Why not? We eventually went back and used the coupon. The restaurant is no longer in business but we still are. That's a tell sign and a guy I went on...
by Dumbo
Sun Mar 01, 2015 11:57 am
 
Forum: Personal Finance (Not Investing)
Topic: How to find a spouse who wants financial independence
Replies: 51
Views: 8309

Re: I survived my initial performance improvement mtg. Now w

As I suggested in the earlier thread this would be a good time to start reading Dale Carnegies How to Win Friends and Influence People. I hate any self help books but Dale's classic is timeless. You'll avoid lots of future headaches and will help you right now as well. The book came about as a way t...
by Dumbo
Sat Feb 28, 2015 2:01 am
 
Forum: Personal Finance (Not Investing)
Topic: I survived my initial performance improvement mtg. Now what?
Replies: 33
Views: 4603

Re: Novice Boglehead, please help with 600k windfall

On the subject of prenups: if you do a prenup in California I believe they expire after 6 or 7 years, so be aware of that. I think it's common for people to divorce and re-marry at that time to maintain the prenup. Having just gone through a very amicable divorce (without a prenup) I'd say definitel...
by Dumbo
Wed Feb 25, 2015 10:25 pm
 
Forum: Investing - Help with Personal Investments
Topic: Novice Boglehead, please help with 600k windfall
Replies: 9
Views: 1515

Re: Buying a home in SF Bay Area [Dumbo]

Yeah well thank you all for very nice feedback, I appreciate it. I think what I'll try to do is continue to look for a new job and then find an apartment that's close to future job as either a studio around 2k or a shared apartment at 1500 a month per person. That will let me put together a nice nes...
by Dumbo
Wed Feb 25, 2015 10:14 pm
 
Forum: Personal Consumer Issues
Topic: Buying a home in SF Bay Area [Dumbo]
Replies: 79
Views: 4467

Re: Checking alternatives to USAA (non-military)

I bank with Ally. 1% yield on savings, free ATM withdrawals anywhere in the country (reimbursed), very nice and user-friendly website (something that gets overlooked a lot).
by Dumbo
Wed Feb 25, 2015 9:41 pm
 
Forum: Personal Finance (Not Investing)
Topic: Checking alternatives to USAA (non-military)
Replies: 8
Views: 855

Re: Help! Ive been put on a performance improvement plan!

When you've read some of "How to Stop Worrying and Start Living" and you're in a better spot I recommend you pick up "How to Win Friends and Influence People". Both of these books are nearly 100 years old now and offer invaluable knowledge. Do I practice all of it all the time? H...
by Dumbo
Wed Feb 25, 2015 1:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: Help! Ive been put on a performance improvement plan!
Replies: 66
Views: 8829

Re: Buying a home in SF Bay Area

You are paying too much in rent in Foster City, IMO. Does SAP offer a bus from the PA Caltrain Station or from the California Caltrain Station ? Can you move further down the Peninsula (Santa Clara/San Jose) and cut your rent down ? Does SAP offer shuttle service from various points in the Bay Area...
by Dumbo
Wed Feb 25, 2015 1:07 pm
 
Forum: Personal Consumer Issues
Topic: Buying a home in SF Bay Area [Dumbo]
Replies: 79
Views: 4467

Re: Buying a home in SF Bay Area

1100 sq ft is a pretty large apartment for 1 person. I share a 775 sq ft condo with my girlfriend and we feel like we have plenty of space. I agree it's large for one person on a single income. However I was living with my ex in here until July, then got my current roommate to take over for my ex u...
by Dumbo
Wed Feb 25, 2015 12:59 pm
 
Forum: Personal Consumer Issues
Topic: Buying a home in SF Bay Area [Dumbo]
Replies: 79
Views: 4467

Re: Safety of Vanguard online access

Also add that your passwords should be minimum 19 characters long include lower, upper case letters, at least 3 numbers and 2 symbols (#,@). That sounds arduous and it is which is why programs like 1Pass exist which let you create passwords, save them and generate new ones. The computers we have now...
by Dumbo
Wed Feb 25, 2015 12:21 pm
 
Forum: Personal Finance (Not Investing)
Topic: Safety of Vanguard online access
Replies: 28
Views: 1843

Re: Safety of Vanguard online access

At the very least you should enable 2-factor authentication. That will thwart most issues. Your biggest risk is somebody breaking into Vanguard, which is a very high risk in my opinion, and no matter what you do is irrelevant because you're completely dependent on their systems. Personally, I'm not ...
by Dumbo
Wed Feb 25, 2015 12:14 pm
 
Forum: Personal Finance (Not Investing)
Topic: Safety of Vanguard online access
Replies: 28
Views: 1843

Re: Help! Ive been put on a performance improvement plan!

Well Dale Carnegie would recommend you internally accept the worst (you will be fired) and then try to improve on that situation. So coming up with proposals such as demotion is a good thing to do, improving your attitude (whatever that means) and how you handle the team is also something you can do...
by Dumbo
Wed Feb 25, 2015 11:56 am
 
Forum: Personal Finance (Not Investing)
Topic: Help! Ive been put on a performance improvement plan!
Replies: 66
Views: 8829

Re: Buying a home in SF Bay Area

The California Working Group for Earthquakes conducted a study in 2008 and concluded there is a 62% probability of at least one magnitude 6.7 or greater earthquake in the 3-decade interval 2003-2032 within the SFBR. We are already half-way to that end point and the probability of a major earthquake ...
by Dumbo
Wed Feb 25, 2015 11:39 am
 
Forum: Personal Consumer Issues
Topic: Buying a home in SF Bay Area [Dumbo]
Replies: 79
Views: 4467

Re: Buying a home in SF Bay Area

In the Bay Area? At that price? Maybe I could live in squalor somewhere in Oakland, but prices of Kevlar are also going up. Even at 500k it's sort of pushing it and I don't like the idea of a condo, but I also don't like the idea of throwing away money into rent. If you think Oakland = Squalor, you...
by Dumbo
Wed Feb 25, 2015 11:26 am
 
Forum: Personal Consumer Issues
Topic: Buying a home in SF Bay Area [Dumbo]
Replies: 79
Views: 4467

Re: Buying a home in SF Bay Area

1100 sq ft is a pretty large apartment for 1 person. I share a 775 sq ft condo with my girlfriend and we feel like we have plenty of space. I agree it's large for one person on a single income. However I was living with my ex in here until July, then got my current roommate to take over for my ex u...
by Dumbo
Wed Feb 25, 2015 12:53 am
 
Forum: Personal Consumer Issues
Topic: Buying a home in SF Bay Area [Dumbo]
Replies: 79
Views: 4467

Re: Buying a home in SF Bay Area

I thought I had made up my mind but it seems that people have made some good points after that. I don't like making any decisions abruptly so this is something I'm going to keep considering over the next 3-6 months. I definitely see myself staying in California for a very long time so a house, no ma...
by Dumbo
Tue Feb 24, 2015 10:12 pm
 
Forum: Personal Consumer Issues
Topic: Buying a home in SF Bay Area [Dumbo]
Replies: 79
Views: 4467

Re: Buying a home in SF Bay Area

So it seems the conclusion is regardless of state and national macroeconomics it's always a good time to buy a home in the Bay Area and I should most likely do it as soon as I can afford to do so, especially if my love for California lasts past the honeymoon phase. With 30k in cash though and a 2k s...
by Dumbo
Tue Feb 24, 2015 8:07 pm
 
Forum: Personal Consumer Issues
Topic: Buying a home in SF Bay Area [Dumbo]
Replies: 79
Views: 4467

Re: Buying a home in SF Bay Area

In contrast to previous cycles the jobs have been 'downtown' in social networking cos, etc., not out in the Valley? I'd say the job market here is red hot right now no matter where you go, I've never witnessed something like this before it's quite crazy. A lot of the social networking jobs you're r...
by Dumbo
Tue Feb 24, 2015 6:54 pm
 
Forum: Personal Consumer Issues
Topic: Buying a home in SF Bay Area [Dumbo]
Replies: 79
Views: 4467

Re: Buying a home in SF Bay Area

Also, PITI + HOA + PMI - your real mortgage payment - would not be the $2300 your friend quoted. It'd be more like $2300 (P&I) + $550 (T) + $100 (I) + $300 (HOA) + $300 (PMI) = $3550, ballpark. That number ignores maintenance, transaction, opportunity costs. Your actual principal payment in the...
by Dumbo
Tue Feb 24, 2015 4:50 pm
 
Forum: Personal Consumer Issues
Topic: Buying a home in SF Bay Area [Dumbo]
Replies: 79
Views: 4467

Re: Buying a home in SF Bay Area

You didn't say where you live there......at your income, you probably don't make enough to buy a home in the Bay Area....I bet you don't want to commute from Manteca, or Gilroy, or Fairfield, or other place that have "affordable housing" with a short 120 min. commute. My starter house in ...
by Dumbo
Tue Feb 24, 2015 3:13 pm
 
Forum: Personal Consumer Issues
Topic: Buying a home in SF Bay Area [Dumbo]
Replies: 79
Views: 4467

Re: Buying a home in SF Bay Area

Can you transfer to a lower cost part of the country and maintain your $110k salary? Otherwise, get a roommate and/or find a less expensive place to rent. I have major problems paying $500k for a shack in SF when that will get you a sweet pad pretty much anywhere else in the country. Plus, you migh...
by Dumbo
Tue Feb 24, 2015 3:09 pm
 
Forum: Personal Consumer Issues
Topic: Buying a home in SF Bay Area [Dumbo]
Replies: 79
Views: 4467

Re: Buying a home in SF Bay Area

Until you're absolutely certain that you want to stay there long term, do not buy a house. Out of all areas, SF is one of those that just screams "bubble" - if/when the tech sector slows down, you could expect a correction in the housing prices, which would make it difficult for you to se...
by Dumbo
Tue Feb 24, 2015 2:36 pm
 
Forum: Personal Consumer Issues
Topic: Buying a home in SF Bay Area [Dumbo]
Replies: 79
Views: 4467

Re: Buying a home in SF Bay Area

with that income you can buy a 250 - 350k house (depends on downpayment ) . do we have something available for that much ? In the Bay Area? At that price? Maybe I could live in squalor somewhere in Oakland, but prices of Kevlar are also going up. Even at 500k it's sort of pushing it and I don't lik...
by Dumbo
Tue Feb 24, 2015 2:16 pm
 
Forum: Personal Consumer Issues
Topic: Buying a home in SF Bay Area [Dumbo]
Replies: 79
Views: 4467

Buying a home in SF Bay Area [Dumbo]

I haven't been on here for a while and a lot has changed in the past year. I wanted everyone's input on home ownership in the Bay Area. I have not owned a home before but ever since moving to California last April I've been thinking about it because my rent here is ridiculous. Here's a breakdown of ...
by Dumbo
Tue Feb 24, 2015 1:45 pm
 
Forum: Personal Consumer Issues
Topic: Buying a home in SF Bay Area [Dumbo]
Replies: 79
Views: 4467

Re: Lost a lot in stocks and starting fresh: Please Help

Well on a positive note the original poster did shave off nearly 30k in debt. I think this is very good progress and shouldn't be dismissed so easily. Yes it could have been allocated differently, but overall that's still 30k wiped off. Not only that, but keep in mind this person had to have a large...
by Dumbo
Tue Jun 17, 2014 11:22 am
 
Forum: Personal Finance (Not Investing)
Topic: Lost a lot in stocks and starting fresh: Please Help
Replies: 90
Views: 13141

Re: Is a credit card annual fee worth it sometime?

Wow I did not expect this many responses to my original question. So I'll add a few points based on what others have said. 1. I do care about Chip and Pin because I don't tend to carry cash when I travel abroad, though we did last time we went. That had a nice secondary effect of keeping us from goi...
by Dumbo
Tue Nov 19, 2013 8:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: Is a credit card annual fee worth it sometime?
Replies: 21
Views: 2461

Is a credit card annual fee worth it sometime?

I've had this old beat up no frills credit card for over 10 years now. It offers pretty much NOTHING in return for using it, but it also has no fees. On a few more recent trips to Europe I've been incredibly inconvenienced as it turns out their more secure analogs featuring "chip and pin" ...
by Dumbo
Mon Nov 18, 2013 10:16 pm
 
Forum: Personal Finance (Not Investing)
Topic: Is a credit card annual fee worth it sometime?
Replies: 21
Views: 2461

Re: Parents close to retirement

Sorry PaddyMac, I misread you. I'm not sure what kind of retirement structure they have back home. The family was well off before the war, but after the war the currency became worthless and the money just disappeared. They had good jobs too so I think they would have received good benefits, I'm not...
by Dumbo
Tue Oct 08, 2013 7:36 am
 
Forum: Personal Finance (Not Investing)
Topic: Parents close to retirement
Replies: 10
Views: 1286

Re: Parents close to retirement

Home is back in eastern europe, so basically slightly better than Mexico and way better than France (had to get the France jab in there). I didn't realize social security benefits can be treated as taxable income. I'll have to pass this info on to my parents. My parents are pretty cheap so they don'...
by Dumbo
Mon Oct 07, 2013 3:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Parents close to retirement
Replies: 10
Views: 1286

Re: Parents close to retirement

Well they have some 50k in cash I think and maybe 20-30k left in payments so they're anything but house poor. They've been making double and triple monthly payments on the mortgage for past 10 years. Combined income is around 80k I think with most of that skewing to my dad. I believe their plan was ...
by Dumbo
Mon Oct 07, 2013 12:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: Parents close to retirement
Replies: 10
Views: 1286

Parents close to retirement

I need some advice on helping my parents as they prepare for their retirement. They're in their mid 50's and not native English speakers so all of these types of things are way too complicated to them. I'm also afraid of sending them to an attorney when they're half a country away and I can't be the...
by Dumbo
Mon Oct 07, 2013 10:47 am
 
Forum: Personal Finance (Not Investing)
Topic: Parents close to retirement
Replies: 10
Views: 1286

Re: Government Shutdown/Default [effect on investments]

I haven't been on the forums in a while so I came here for reassurance. I must say I'm not getting much of it. Generally I try not to let these things impact me at all. I have this overwhelming urge to do react to the market - which would be very stupid. I tend to think of myself as a litmus test. I...
by Dumbo
Sun Oct 06, 2013 6:43 pm
 
Forum: Investing - Theory, News & General
Topic: Government Shutdown/Default [effect on investments]
Replies: 454
Views: 29936

Re: Best PC storage media, for sharing videos

@patrick

Maybe. Maybe not. You'd be hard pressed to read your paper punch cards on a new Mac or Windows these days.

A quick search revealst that MPEG2 or H.264 might be the best options for long-term preservation and compatibility for the time being.
by Dumbo
Thu Aug 22, 2013 8:29 pm
 
Forum: Personal Consumer Issues
Topic: Best PC storage media, for sharing videos
Replies: 16
Views: 1008

Re: Best PC storage media, for sharing videos

Ok you've opened up a can of worms here. Let me try to help out as the resident geek here. You are trying to achieve two things: 1) Store your media (digital and analog files) for an extended period on to media (physical disks: hard drives, USB drives, cloud storage, etc) 2) Share those video files ...
by Dumbo
Thu Aug 22, 2013 12:44 pm
 
Forum: Personal Consumer Issues
Topic: Best PC storage media, for sharing videos
Replies: 16
Views: 1008

Re: Young and Green: How often should I check my investments

I was in your shoes a few years ago. All you can do is keep doing what you're doing which is checking every day. Eventually you'll get bored with it and find other things to do with your life. Most likely other things will find you.
by Dumbo
Fri Aug 16, 2013 9:36 pm
 
Forum: Investing - Theory, News & General
Topic: Young and Green: How often should I check my investments?
Replies: 29
Views: 2160

Re: What to do with old 401K?

Sorry I should have clarified, my IRA is a Roth IRA not a traditional IRA. So we're talking about bundling my old standard 401K into a Roth IRA. You're aware that you would owe ordinary federal and state income tax if you do that, assuming the 401(k) is not Roth, right? According to your old posts,...
by Dumbo
Sun Jul 28, 2013 4:18 pm
 
Forum: Investing - Help with Personal Investments
Topic: What to do with old 401K?
Replies: 13
Views: 729

Re: What to do with old 401K?

Sorry I should have clarified, my IRA is a Roth IRA not a traditional IRA. So we're talking about bundling my old standard 401K into a Roth IRA.
by Dumbo
Sun Jul 28, 2013 1:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: What to do with old 401K?
Replies: 13
Views: 729

Re: What to do with old 401K?

You may be able to roll it into your current 401k as well, but from previous posts it looks like you might not have great options there. Have you checked to see whether you can hook up your old 401k account to an aggregator like Mint so you can keep track of it without having to log in proactively?...
by Dumbo
Sun Jul 28, 2013 10:19 am
 
Forum: Investing - Help with Personal Investments
Topic: What to do with old 401K?
Replies: 13
Views: 729

What to do with old 401K?

I have a bunch of money sitting in my previous employer's 401k, around 10k. I don't really want to leave it there, I'd like to consolidate it somehow/somewhere. Not sure where/what. We're already maxing out 401k's and I have an existing ROTH IRA account. Cashing it out is not an option. I considered...
by Dumbo
Sat Jul 27, 2013 8:04 pm
 
Forum: Investing - Help with Personal Investments
Topic: What to do with old 401K?
Replies: 13
Views: 729

Re: Hacked Email Account

Firefox does not encrypt passwords by default. You have to create a master password for it. I'm not familiar enough to say how secure that is. TrueCrypt is a good way to safely stash away things you don't want others to see such as pictures, videos, etc. However, that's not going to protect you in c...
by Dumbo
Fri Jul 26, 2013 1:13 pm
 
Forum: Personal Consumer Issues
Topic: Hacked Email Account
Replies: 17
Views: 1585
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