Bogleheads.org

Sorry for my post. I come from the school that teaches that no discipline equals chaos. Seems confirmed to me. :happy Chris I likely work with many people that Fishnskiguy trained over the years. I'm a rotating shift Commercial Nuclear Operator. We like the ER, need to be manned 24/7/365.25. It has...

First off happy new year all. I had a coworker ask me a question regarding his parents who are retiring farmers. They recently sold a portion of their land and made ~300k from this portion. I don't know what else they grossed this year but we'll just be conservative and say it's a total of 400k (inc...

That's what I am thinking, this year do the PPO and then possibly go to the PPO+HSA for 2014...

All, I am trying to decide what to do in regards to medical benefits. I have basically two options I am trying to choose from: Blue Cross PPO (utilize a FSA) or Blue Cross PPO+HSA (which i'm not sure about using the FSA with the HSA). I make ~120k and max out my 401k and IRAs. My wife is pregnant an...

I like all of the Tabasco sauces but at this point in time the Habanero Tabasco is my preferred. I also like Yukatan Sunshine Habanero sauce. Those two have decent flavor and heat and go great on everything! There are two habanero sauces at my local Mexican restaurant, there is a green and a red sau...

"I love it when I finally have the DCA'ing for 401k and Roth IRA deductions/auto-investments tuned just the way I want and the limits change. One recalc in December for January, and then again in my raise cycle in April (for the 401k). I suppose it's a decent problem to have (more tax sheltere...

My grandma used to tell me "mutual funds" when I asked her what I should invest in (she was a stock broker and does lots of investing). Dave Ramsey is what really drove me to do research on mutual funds and indexing... Which produced the Internet results of bogleheads. I trolled the forum,...

This post hits home as my wife is 9 weeks preggers. We have a 07 civic (4dr) and a 08 Mazda3 hatch. I plan on keeping both of these cars as daily commuters and expect them to work for 1 kid, if needed possibly buy a ~5 yr old used 3rd car with AWD vehicle for our Illinois winters if we really feel a...

I've been planning on adding a gun a year to my collection and that could easily range from anywhere between $500-3000k/gun. If it matters I do wear a $20 watch :shock: P.S. For gun people I'm interested in adding a 1911 to my budding collection... Please tell me the $3 million is a typo. Yup! I wa...

I'm curious if many of you have a mental budget on how much you spend on hobbies a year. I have been developing a hobby on shooting firearms. This can get pretty expensive, especially if one is inclined to buy established brands and higher end models. I guess I want my entire collection to be functi...

I save automatically out of my paycheck, I have all my bills taken care of each payday (biweekly), move enough of whats left to leave about ~$300-500 to pay all living expenses for the next two weeks. If I have extra leftover the next paycheck I may transfer a little extra to the savings. I sometime...

JDCPAEsq wrote:

serbeer wrote:I don't think you need more than 10K.

How would you suggest he book an $11,000 cruise?
John

I use my debit card for the account that all ready has the cash saved up for the trip...

Interesting article. I must admit I have all of the "old" habits, but, I can see that the potential additional interest earned is currently very small. An ongoing gripe I have with paying bills using my bank's online service is that I have to manually calculate what the bank balance will ...

Also, don't forget to clean up all social media pages and information to a meet a professional standard! I might also suggest having a simple and professional email such as first.last name@gmail.com (Nuke.Boilermaker@gmail.com) All of these things make it easier for people to feel comfortable forwar...

Apply for one! All kidding aside, the field you are in is somewhat a factor. What is your current status (soon to graduate, recent graduate, been working in a field for a number of years)? There are two things I have found to be the most beneficial for me is 1) A very well written resume 2) Solid ne...

I think one issue for some people is tax-sheltered accounts, where there are penalties and long term consequences to taking money out before you retire, and taxable accounts, where all you need to worry about are capital gains (assuming you don't take advantage of some capital losses). If I were ac...

Two years and then some, if I needed to, I would liquidate some longer term holdings. I kind of agree with the others, as you start to accumulate assets, your need to hold a "e-fund" per say, becomes lower and lower. It's all one big pot, just ensure that a sufficient portion of it can be...

Two years and then some, if I needed to, I would liquidate some longer term holdings. I kind of agree with the others, as you start to accumulate assets, your need to hold a "e-fund" per say, becomes lower and lower. It's all one big pot, just ensure that a sufficient portion of it can be...

I cannot justify an emergency fund until I am debt free, minus the mortgage, which will be the end of this year. This is what I did (Dave Ramsey Method), I have 6 months of laxed budgeting like right now. I have ~7 months of tight budgeting. I add anywhere from $500-1.5k/mo and will do this until I...

I'm going to throw my hat in the .357 bin and check out the 686's. However a shotgun and or a pistol that can have a light mounted is my preferred setup. A coworker has a very nice tactical shotgun that has a vertical lock that is meant to be locked in a closet. It really is a great HD setup. If you...

Convo with the wife was about verbatim as OPs except she brought up how she hates my guessing games. She guessed a 0.98 which I am pleased with as it was a number she pulled out of you know where ... But I try and keep her informed on what's going on in those areas.

It's my wife's birthday and since she hates my guessing games, this will be perfect thing to ask her! It is actually an interesting and beneficial exercise as it will help both people stay connected on their finances and may help with unnecessary stress (doing better than expected) and may be a wake...

Because of my long commute, the 9 hour days turn into 11.5 hours (9 + lunch + commute). 2 hours a day of commuting is a lot, even if you avoid it 1 day in 10 with this schedule. I would think about moving closer to work, or working closer to where you live :). I agree, I want to move closer as well...

As someone who has a 40 min each way commute and I work a rotating 8 hr shift... I want to work a rotating 12hr shift. I will work less, drive less, and make more in base pay. I would view it as you work an extra hour a day to get an extra day off and think of that time you save from the extra round...

Neither firm offers matching. My grandmother really wants me to start contributing to that Roth IRA (she's the one who recommended the book), but I especially agree with Jupiter, that even though it may be sub optimal financially, psychologically being debt free will be priceless. I think that's th...

Do you have 401k match? I am a very big anti debt person, I personally paid off all my debt prior to starting contributing to 401k. If I could redo it, I would have made a 401k contribution up to match and then every cent above bare minimum expenses go towards debt. If I had done it this way I would...

In a matter of two storms that happened fairly close to one another a 4-6 sqft corner of our master bath ceiling looks like it could collapse. I am hoping insurance will cover the roof so it will be feasible to include the bathroom damage. Otherwise it might be better to just use the emergency fund ...

Thanks for the info guys, so I will call around Monday. How did you find a roofer who did more work with home owners insurance? Any suggestions on how I should approach that call to roofers?

Hey Bogleheads, I wanted to get some input on how I should go about a possible roof replacement (possibly via insurance). My roof all ready has a second layer of shingles on it so I would likely need to have a full replacement. We had a HUGE storm roll through that resulted in a fairly significant a...

There is also the potential tax savings of the 401k to consider... If the person put the a majority of the extra savings to the 401k (maybe half roth if offered and the rest in traditional to drop to the lower tax bracket if possible) but if all in traditional 401k than a decent tax savings is avail...

Neil Armstrong was and always will be an inspirational figure and model for people around the world. I am honored to have walked the same halls and studied in the same rooms as a man who will forever continue to inspire generations of people to follow careers in science and obtain goals that many co...

I just want a bug eyed popcorn eating emoticon... but I guess this will have to do +

And I didn't know that about the combined IRA limit! I hope I didn't get myself into trouble. I started it because I had over-contributed to the traditional IRA one year so converted that part to a Roth... Depends on what you mean. What exactly did you do? Be precise with years and amounts. Brian B...

Then I would Max out your IRA contributions, then put what you can into the 401k. As I mentioned think of it as additional IRA contributions as you can roll this into your IRA at least during retirement if not beforehand depending on your 401k plan. Are you technically contributing 6k in your name a...

Just to over simplify; if you can afford to max out an IRA and contribute to a 401k to do so, especially if you get a company match. The great thing about a 401k is that you can roll it into a more efficient IRA once you retire. Take the tax advantage of the 401k (which are greater than the 401k cos...

Here are a few cars via SF craigslist that would be a blast to drive...

http://sfbay.craigslist.org/eby/cto/3173422479.html
http://sfbay.craigslist.org/eby/cto/3173616278.html
http://sfbay.craigslist.org/eby/cto/3175295480.html
http://sfbay.craigslist.org/nby/cto/3218093061.html

I would check out a similar thread that I posted last week. I would suggest only buying with Cash for is sort of thing. Do not buy brand new or lease, buy used and with cash. I agree with others why not buy a cheaper fun car and keep the vibe as a DD I saw a BMW Z3 for <$10k and the car was beautifu...

snyder66 wrote:$10,000 will get you one sweet classic ride, depending on what you are looking for. Why don't you price some out and post them here.j

Something like this?

http://www.gatewayclassiccars.com/displ ... cation=CHI

If it had a standard tran it would be even better!

"Do you want the money which would buy your freedom later, or the happiness from car now?" If you guarantee that if I put $50,000 away today I will be set for life and my future freedom bought and paid for in full, I would take you up on your offer. Unfortunately, I don't think $50,000 is...

Lots of interesting comments, I have no plan to purchase anytime soon. I would rather trade up our home first and that is still a little ways away (~2 years). I was really curious on some "rule of thumb/metrics" to help critically asses if when I get more serious I can evaluate if I really...

We "toyed" (pun intended) with this idea regarding a third fun car. I really wanted the new SS Camaro Convertible, but the price tag was going to be upward of $45k. We instead waited and found a used 98 SS Camaro Convertible with only 26,000 miles. It was quite a deal. I'm sure you could ...

I am curious about maybe getting some rough numbers on a "what does it take to afford it" type scenario. I am 25 and have always loved classic and muscle cars, I drive ~75 miles a day and often take the dog for a cruise around town/in the country just for the heck of it (basically i like d...

nonnie wrote:It's OK when 51% of Bogleheads tell you it's OK OR when you get "clarity"-- it's been a week now, what happened?

Nonnie

I asked a different question to bump the thread and it was along the same topic, I guess in should have started a new thread...

I figured I would bump this and add my near identical Q to this thread. I am curious about maybe getting some rough numbers on a "what does it take to afford it" type scenario. I am 25 and have always loved classic and muscle cars, I drive ~75 miles a day and often take the dog for a cruis...

I graduated in 2008 with a B.S. made a temp reduced salary of 56k while in training. Made ~103k my first full year. Gone up every year since I will be at 88k for the year so far this next paycheck (yes, I am pretty fortunate) Edit: In central Illinois for location, not a super high cost of living. ...

I graduated in 2008 with a B.S. made a temp reduced salary of 56k while in training. Made ~103k my first full year. Gone up every year since I will be at 88k for the year so far this next paycheck (yes, I am pretty fortunate) Edit: In central Illinois for location, not a super high cost of living. P...

No, you have until the tax deadline to complete a contribution to an IRA (this expired in April of 2012 for 2011)

I think I am going to hold off. I am going to finish up my bamboo flooring, painting, and trim. I might do window world windows (not the lowest of their line). But after that the overall attraction of the place will go up and all of that will be cheaper than the roof. I will probably sell ~ April of...

I wanted to comment since I am now in a similar position. We could sell as soon as in the next 1-3 years. We had a roofer stop by and try and sell us on a new roof. We have a roof that has been reshingled and will likely need to be replaced in 3-7 years? Obviously the salesman was adamant about the ...

So can all term plans be extended on a monthly basis at a much higher rate once the say "x years" are up? Or is this a specific type of term plan?

FYI the 5 years age difference seems to make a very small difference. So getting more coverage later might not be to big of a hassle.