Search found 459 matches

by tainted-meat
Fri Jul 31, 2015 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Hit with $10k tax bill from 2013, given 3 weeks to pay
Replies: 17
Views: 2020

Re: Hit with $10k tax bill from 2013, given 3 weeks to pay

Something similar happened to me a couple years ago although the amounts were much smaller :D

I called the IRS agent listed and went over the forms. It took 15 minutes and I didn't owe anything. The agent was actually very helpful.
by tainted-meat
Fri Jul 31, 2015 8:14 am
Forum: Investing - Help with Personal Investments
Topic: HSA Asset Allocation
Replies: 8
Views: 532

Re: HSA Asset Allocation

I use 'B' and save the receipts in case I ever need to cash out.
by tainted-meat
Wed Jul 29, 2015 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Buying the house I am renting.
Replies: 10
Views: 727

Re: Buying the house I am renting.

Just make sure you do your due diligence. Read through this thread:

viewtopic.php?f=2&t=170450&newpost=2570626
by tainted-meat
Wed Jul 29, 2015 3:57 pm
Forum: Investing - Theory, News & General
Topic: Are equities really as risky as anyone thinks?
Replies: 203
Views: 7788

Re: Are equities really as risky as anyone thinks?

The OP has a good point.

If the economy goes to down the tubes and stocks prices are slashed, who will be able to pay the bonds?
by tainted-meat
Mon Jul 27, 2015 10:50 am
Forum: Personal Consumer Issues
Topic: Visiting Northern Kentucky / Mammoth Cave area with kids
Replies: 19
Views: 999

Re: Visiting Northern Kentucky / Mammoth Cave area with kids

If you are going to be in Louisville on a Friday or Saturday and like old movies, go to the summer movie series at the Louisville Palace. It's my favorite building in Louisville. http://www.louisvillepalace.com/ The kids might like http://funtownmountain.com/ in Cave City by Mammoth Cave, but if the...
by tainted-meat
Thu Jul 16, 2015 2:12 pm
Forum: Personal Consumer Issues
Topic: Getting a new roof on home before home sale. Looking for advice.
Replies: 13
Views: 672

Re: Getting a new roof on home before home sale. Looking for advice.

He insisted that it made a big difference to the life of the shingle because airguns tend to shoot the nail too far into the shingle. Not to get off topic but he must have had the air pressure adjusted way off then. When I did roofing we always used nail guns and they never went too far into the sh...
by tainted-meat
Sun Jul 12, 2015 8:04 pm
Forum: Personal Consumer Issues
Topic: Selling a used car
Replies: 27
Views: 2163

Re: Selling a used car

I've sold all kinds of stuff on Craigslist and never had an issue. If you price it right it will go fast.
by tainted-meat
Sat Jul 11, 2015 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Does anyone use Rick Ferri's company Portfolio Solutions?
Replies: 9
Views: 2353

Re: Does anyone use Rick Ferri's company Portfolio Solutions?

Why are you rehashing every thread and posting the same thing?
by tainted-meat
Fri Jul 10, 2015 8:02 pm
Forum: Investing - Theory, News & General
Topic: Rick Ferri looking to internationalize his portfolio
Replies: 410
Views: 67591

Re: Rick Ferri looking to internationalize his portfolio

Rick knows his stuff. If he sees better values overseas then one might take notice.
by tainted-meat
Fri Jul 10, 2015 12:45 pm
Forum: Personal Consumer Issues
Topic: Good Low ER Fidelity Indexes
Replies: 16
Views: 675

Re: Good Low ER Fidelity Indexes

Although you are looking at Fidelity funds only right now, I think you should compare them to other funds. For instance, if you compare the performance of FSGDX to the Vanguard equivalent VTIAX, what do you see? Which fund would you rather own? Would it make more sense to use a mix of Fidelity Spar...
by tainted-meat
Wed Jul 08, 2015 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Time to move to international
Replies: 3
Views: 574

Re: Time to move to international

Looks like he is timing it pretty well. From what I gather he was waiting for something like the Greece situation to hit the fan and now it has. Time to back up the truck in International. :moneybag
by tainted-meat
Tue Jun 30, 2015 9:02 am
Forum: Investing - Theory, News & General
Topic: Am I in a Bad Position?
Replies: 26
Views: 3564

Re: Am I in a Bad Position?

The yields on U.S. bond funds are terrible and I don't own any (age 29). Basically, I have the same funds that you do only my international and domestic allocations are switched and I have quite a bit in emerging markets. Don't get nervous in the drops, just keep investing :moneybag
by tainted-meat
Sat Jun 27, 2015 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: Move for a Federal Job - Finances?
Replies: 21
Views: 2530

Re: Move for a Federal Job - Finances?

I don't like Indy myself. I wouldn't move there unless I was going to make a lot more money, not less...
by tainted-meat
Fri Jun 26, 2015 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Pay student loan off at 2.875%? - otherwise, 14 years to go
Replies: 52
Views: 5539

Re: Pay student loan off at 2.875%? - otherwise, 14 years to go

I would not pay that off unless you have to send a stamp and envelope every month.
by tainted-meat
Thu Jun 25, 2015 2:59 pm
Forum: Investing - Theory, News & General
Topic: What was the 2008 crash like in real time?
Replies: 218
Views: 23853

Re: What was the 2008 crash like in real time?

I had just gotten my first job post college, not making much and didn't have any assets either. I remember there was a meeting with the HR Supervisor and he was talking about 401ks this and that. The stock market was going way down but he encouraged people to use their 401ks. He said something to th...
by tainted-meat
Tue Jun 23, 2015 7:24 pm
Forum: Investing - Theory, News & General
Topic: When saving money becomes an irrational obsession
Replies: 146
Views: 24508

Re: When saving money becomes an irrational obsession

If the goal of getting a lot of cash is to simply retire, then I think you are worshiping a false prophet. Having a lot of cash or retiring won't solve all of your problems. Plus, you don't know when you're time is up! Save a little, spend a little, but most importantly.... live a lot. :beer
by tainted-meat
Mon Jun 22, 2015 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Moving to LCOL state
Replies: 19
Views: 2376

Re: Moving to LCOL state

If you are going to buy right away, get on zillow and load a map of all the recently sold homes.

Also, ask this question regarding the applicable metro area on city-data.com
by tainted-meat
Wed Jun 17, 2015 10:05 am
Forum: Personal Consumer Issues
Topic: Gifting Money at Parties
Replies: 220
Views: 14390

Re: Gifting Money at Parties

There is a huge difference in expectations in my opinion. The land between the coasts is so much different than the coasts. I would argue that there is no "normal" in America due to all of the different cultures here. American culture varies from place to place and family to family. I thin...
by tainted-meat
Wed Jun 17, 2015 7:48 am
Forum: Personal Consumer Issues
Topic: Retirement areas, not Florida
Replies: 67
Views: 8194

Re: Retirement areas, not Florida

Take a look at my town, Louisville, KY. Our city park system was designed by Frederick Law Olmsted who also designed Central Park in New York. I believe state taxes are excluded from retirement income with no limit. Winters are not too bad, summers are not too bad. We have a large university here a...
by tainted-meat
Tue Jun 16, 2015 8:18 pm
Forum: Personal Consumer Issues
Topic: Retirement areas, not Florida
Replies: 67
Views: 8194

Re: Retirement areas, not Florida

Take a look at my town, Louisville, KY. Our city park system was designed by Frederick Law Olmsted who also designed Central Park in New York. I believe state taxes are excluded from retirement income with no limit. Winters are not too bad, summers are not too bad. We have a large university here an...
by tainted-meat
Mon Jun 15, 2015 2:03 pm
Forum: Personal Consumer Issues
Topic: Gifting Money at Parties
Replies: 220
Views: 14390

Re: Gifting Money at Parties

Groundhog wrote:
letsgobobby wrote:Here's another factor. First weddings receive a lot more than second. Kind of like having a baby shower for your third baby. Taaaaacky.


My wife was just invited to a baby sprinkle for a couple's second baby.


I don't see an issue for a 2nd baby. Maybe they are having one of the opposite sex?
by tainted-meat
Fri Jun 12, 2015 8:14 am
Forum: Personal Consumer Issues
Topic: Cable Cord cutting.. alternatives/ideas? Speed Choices?
Replies: 30
Views: 2961

Re: Cable Cord cutting.. alternatives/ideas? Speed Choices?

I've not had cable for 6 of the last 7 years. Get a decent internet plan (mine's $30/mo) and a tv antenna. I've found that you really don't miss tv that much anymore. Also, the local pbs station (ket) has some great stuff on it and the nba finals are on abc.
by tainted-meat
Fri Jun 12, 2015 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on 401k loan for home purchase?
Replies: 29
Views: 2477

Re: Thoughts on 401k loan for home purchase?

As long as you are aware of the risks a previous poster noted about having to pay the loan back in a short time period if you lose your job then I don't see a problem with it. You might also research bridge loans available from a bank that can be used in this sort of scenario as that would be a bett...
by tainted-meat
Thu Jun 11, 2015 6:46 pm
Forum: Personal Consumer Issues
Topic: What do you do to relax just after returning from work
Replies: 59
Views: 6457

Re: What do you do to relax just after returning from work

kill a brew or two and listen to some npr or watch nightly news on pbs

walk or run a few miles

play some tennis
by tainted-meat
Tue Jun 09, 2015 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Need guidance with housing decision
Replies: 4
Views: 442

Re: Need guidance with housing decision

Check the condo financials to make sure they look 'ok'.

Also, check some recent sales to make sure the price looks good.

If both look good, then I'd buy it.

As far as the interest rate goes, that seems high to me. Put it on a 15 yr schedule and you should be able to get it in the 3% range.
by tainted-meat
Tue Jun 09, 2015 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Buying in Bay Area (redux)
Replies: 57
Views: 7034

Re: Buying in Bay Area (redux)

Financial Samurai tends to think it is a good idea to buy real estate in SF itself (not necessarily Oakland or other Bay Area spots). His argument is that for a panoramic water view, it is priced around $1,000 per sq foot which he seems to think is cheap when compared to other international cities (...
by tainted-meat
Mon Jun 08, 2015 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Wife's car is having issues and under water :-/
Replies: 98
Views: 10944

Re: Wife's car is having issues and under water :-/

If it needs a total rebuild you might check with Jasper Engines on the price of a rebuilt one with a 100k/3yr warranty.
by tainted-meat
Sun Jun 07, 2015 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for 'getting in'
Replies: 16
Views: 3476

Re: Advice for 'getting in'

Personally, I am shoveling everything I have into Total International and Emerging Markets.
by tainted-meat
Sat Jun 06, 2015 12:58 pm
Forum: Investing - Theory, News & General
Topic: Bear Market, Move from Stocks to Bonds?
Replies: 88
Views: 6196

Re: Bear Market, Move from Stocks to Bonds?

I would not buy bonds now with the crummy yields.
by tainted-meat
Fri May 22, 2015 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: 529 before conceiving a child?
Replies: 12
Views: 890

Re: 529 before conceiving a child?

I think you're putting the cart before the horse.
by tainted-meat
Fri May 22, 2015 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: please confirm: early retirement
Replies: 90
Views: 7973

Re: please confirm: early retirement

I think you can easily retire on that.

40k is already covered, you are only looking for 10k more on a 1.6m portfolio.
by tainted-meat
Fri May 22, 2015 1:25 pm
Forum: Investing - Theory, News & General
Topic: Bill Gross Thinks the End Is Near
Replies: 54
Views: 7513

Re: Bill Gross Thinks the End Is Near

The yields are so low that I can't justify owning bonds.

I remember getting a 1 year CD back in 2000 for 7%, times have changed.
by tainted-meat
Fri May 22, 2015 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Might sell house to a friend. What is fair?
Replies: 30
Views: 2518

Re: Might sell house to a friend. What is fair?

Market value does not equal Appraised value in a lot (most?) situations.
by tainted-meat
Tue May 19, 2015 2:09 pm
Forum: Investing - Help with Personal Investments
Topic: Maximizing Taxable Account In Early Stages of Retirement
Replies: 12
Views: 1095

Re: Maximizing Taxable Account In Early Stages of Retirement

If you will be in the 15% tax bracket you could look at tax gain harvesting, just be sure not to get into the 25% tax bracket though.
by tainted-meat
Mon May 18, 2015 1:50 pm
Forum: Investing - Theory, News & General
Topic: Teaching 8 year old about stock market...
Replies: 22
Views: 1639

Re: Teaching 8 year old about stock market...

I think simple is best...

Buy a total market based index fund and don't sell, ever. Show a chart with compounding return estimates.
by tainted-meat
Mon May 18, 2015 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Just about had it with Fidelity AX
Replies: 8
Views: 1120

Re: Just about had it with Fidelity AX

I have had mine set up on full autopay since I got it in 2010.

I've not experienced any of the issues you have had.
by tainted-meat
Mon May 18, 2015 8:23 am
Forum: Personal Consumer Issues
Topic: How fast should I ride my bicycle?
Replies: 64
Views: 5169

Re: How fast should I ride my bicycle?

livesoft wrote:
Also go watch the movie Breaking Away.


Great movie, and that quarry is still there.
by tainted-meat
Sat May 16, 2015 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: a late starter to investing
Replies: 2
Views: 602

Re: a late starter to investing

It seems to me they already have a great nest egg, just in a different form (pension).
by tainted-meat
Fri May 15, 2015 9:43 am
Forum: Personal Finance (Not Investing)
Topic: My Home: Renovate or get out?
Replies: 13
Views: 1660

Re: My Home: Renovate or get out?

I'd fix it if you are going to stay there for a while and you aren't pouring so much cash that you can't recoup most of the costs if you do sell. There are high transaction costs in selling as well. And.. who's to say the next property you get won't require repairs as well? I wouldn't do an addition.
by tainted-meat
Wed May 13, 2015 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Backdoor Roth: Schooling my CPA and getting charged for it!
Replies: 134
Views: 10656

Re: Backdoor Roth: Schooling my CPA and getting charged for it!

I'd just give him/her a call and say something like this.. [You] Hey Mr./Ms. CPA, Thanks for doing the taxes, everything looks good with the filing but I do have a question about the invoice. I did a backdoor Roth IRA and remember you had asked me how it worked? Well, I checked my invoice and it app...
by tainted-meat
Mon May 11, 2015 8:10 am
Forum: Investing - Theory, News & General
Topic: International - Who really is at 40%
Replies: 93
Views: 7688

Re: International - Who really is at 40%

I was around 60% at the start of the year, probably more now since the recent run-up but I haven't done the calculation.
by tainted-meat
Fri May 08, 2015 7:59 pm
Forum: Personal Consumer Issues
Topic: Selling house; what to fix, what to leave?
Replies: 26
Views: 2459

Re: Selling house; what to fix, what to leave?

I tend to think people are visual and make their decisions based on that. I'm not a realtor but... 1. Driveway repaving (sealcoating won't do it unfortunately - big cracks) - approx. cost - $5,000 - No, too much $ outlay to recoup in a sale in my opinion 2. Replacing 2 original windows (hard to open...
by tainted-meat
Thu May 07, 2015 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Paying off student loans by selling house
Replies: 43
Views: 3126

Re: Paying off student loans by selling house

If you want to sell, that is fine. But, keep in mind that depending on your mortgage, rent may be the same or possibly higher in Louisville (I live here too). My two cents... I sold my place last year and rent now. Rent costs more that what I was paying for mortgage but I like the location I live in...
by tainted-meat
Mon May 04, 2015 4:18 pm
Forum: Personal Consumer Issues
Topic: Roof shingle selection
Replies: 20
Views: 2156

Re: Roof shingle selection

Thanks for the replies, for several reasons we're doing a side extension first, and most likely the main roof in a year or two when we catch our breath. They don't match now in exact shade and condition, so not too worried about a year or two mismatch. No unusual wind/hail conditions. We're having ...
by tainted-meat
Sun May 03, 2015 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: Started new job... Need help with retirement plan
Replies: 5
Views: 398

Re: Started new job... Need help with retirement plan

I'd pick one of the target retirement funds that most closely matches the 50/30/20 allocation you're looking for.
by tainted-meat
Thu Apr 30, 2015 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Too late for career change/worth it?
Replies: 44
Views: 6270

Re: Too late for career change/worth it?

Go for it. Managing fleets/logistics is big business with lots of opportunity. While 50k is a good salary, you seem ambitious. Ambitious people shouldn't be stuck at the bottom for a whole career.
by tainted-meat
Wed Apr 29, 2015 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity rollover to Vanguard
Replies: 25
Views: 2088

Re: Fidelity rollover to Vanguard

I echo many of the other posters here.

A key factor of Bogleheads' philosophy is simplicity.

The proposed rollovers do not seem simple.
by tainted-meat
Mon Apr 27, 2015 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Wifes 401K
Replies: 11
Views: 573

Re: Wifes 401K

You have the extended market index fund as well at a good rate.

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