Search found 428 matches

Go to advanced search

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: 761

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: 6962

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: 6618

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: 2010

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: 1040

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: 1371

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: 987

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: 4330

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: 529

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: 1502

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: 9634

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: 6653

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: 2177

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: 2578

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: 1897

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: 354

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: 5848

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: 1840

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: 458

Re: Wifes 401K

You have the extended market index fund as well at a good rate.
by tainted-meat
Mon Apr 27, 2015 8:59 am
Forum: Personal Consumer Issues
Topic: How far away from a freight railroad track should you live?
Replies: 51
Views: 3348

Re: How far away from a freight railroad track should you li

I lived about 100 feet from a freight train for five years; the whistle would blow at all hours of the night. Not to mention the incessant dinging of the crossbar. There were probably 48-60 passings on this each day (two rail lines). Don't live within a mile at minimum of a freight line. People that...
by tainted-meat
Mon Apr 27, 2015 8:07 am
Forum: Personal Consumer Issues
Topic: Been invited to wedding in Disney World. My cost?
Replies: 58
Views: 5948

Re: Been invited to wedding in Disney World. My cost?

Sounds like a good time to me. I'd go and treat it as one of my vacations for the year.

But if you don't want to go, then you shouldn't feel guilty for not going.
by tainted-meat
Sun Apr 19, 2015 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Newly Married and Need Investment Advice
Replies: 19
Views: 1766

Re: Newly Married and Need Investment Advice

If you are going to be in a tax free zone, it may be a good idea to max your Roth TSP and any Roth IRA as well. I'm not sure of the rules so you might want to investigate further but this could be a great opportunity for you to get some massive tax free savings.
by tainted-meat
Mon Apr 06, 2015 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Family member asking for money
Replies: 141
Views: 14090

Re: Family member asking for money

Based on what you say I'd smile and hand over the cash or check. I really respect people who take care of people with disabilities. It's a very hard thing to do. It's probably tougher for him to ask you for the money.
by tainted-meat
Fri Apr 03, 2015 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: How to find a [term] life insurance agent?
Replies: 4
Views: 653

Re: How to find a life insurance agent?

Believe it or not there are some good insurance agents out there. If you are direct with the type of insurance product you are looking for then I think you will be satisfied with what they can help you with. I used an independent agent.
by tainted-meat
Sun Mar 29, 2015 8:16 pm
Forum: Personal Consumer Issues
Topic: Closing out my first 'snowbirding' winter
Replies: 84
Views: 11027

Re: Closing out my first 'snowbirding' winter

I think BahamaMan was saying it tongue in cheek so that it doesn't get overcrowded :happy
by tainted-meat
Fri Mar 27, 2015 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a $500,000 house?
Replies: 43
Views: 5788

Re: Can I afford a $500,000 house?

You can afford it, but I wouldn't buy it. Everyone values different things though :happy
by tainted-meat
Fri Mar 27, 2015 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Son graduating college-what to do?
Replies: 39
Views: 3415

Re: Son graduating college-what to do?

I think it's really nice and thoughtful of you to help while he gets his feet off the ground.
by tainted-meat
Tue Mar 24, 2015 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: TIRA income limit because of pension plan
Replies: 6
Views: 277

Re: TIRA income limit because of pension plan

Convert the contribution and use the Backdoor Roth method for new contributions

http://www.bogleheads.org/wiki/Backdoor_Roth_IRA
by tainted-meat
Sun Mar 22, 2015 5:18 pm
Forum: Investing - Theory, News & General
Topic: Anyone concerned about their bond holdings?
Replies: 58
Views: 6379

Re: Anyone concerned about their bond holdings?

I don't own any bonds so I'm not concerned :happy

I think they are way overpriced. I'd put that money in a Total International Fund if you have a long time horizon.
by tainted-meat
Sun Mar 22, 2015 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Dilemma re: taxable account
Replies: 18
Views: 1783

Re: Dilemma re: taxable account

I'm not sure what your withdrawal rate is.

If your withdrawal rate is low then I think it would be fine to invest in stocks and rake in the dividends and sell only if more $$ is needed.
by tainted-meat
Fri Mar 20, 2015 7:35 pm
Forum: Personal Consumer Issues
Topic: Hearse as daily driver?
Replies: 58
Views: 4305

Re: Hearse as daily driver?

A hearse would be awesome!
by tainted-meat
Thu Mar 19, 2015 3:50 pm
Forum: Investing - Help with Personal Investments
Topic: Lost job, should I contribute heavily to 401k?
Replies: 18
Views: 1471

Re: Lost job, should I contribute heavily to 401k?

Might miss a 401k match if you start a new job with immediate matching available.
by tainted-meat
Tue Mar 17, 2015 4:10 pm
Forum: Personal Consumer Issues
Topic: Negotiate daycare rate?
Replies: 24
Views: 2328

Re: Negotiate daycare rate?

I didn't negotiate. When I saw the level of care and quality of people on the tour I felt like I was getting a great deal for peace of mind.
by tainted-meat
Wed Mar 11, 2015 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: What are some common misconceptions found in this forum?
Replies: 209
Views: 18805

Re: What are some common misconceptions found in this forum?

Misconception:

Roth IRA should be maxed immediately after getting the 401k match.
by tainted-meat
Mon Mar 09, 2015 11:27 am
Forum: Personal Consumer Issues
Topic: Home workouts and motivation
Replies: 60
Views: 3262

Re: Home workouts and motivation

Walk one hour per day, four to five days per week (more if the weather is nice and you feel well). Too many people do workouts that are unsustainable long-term and they burn out. I always wondered if just brisk walking is enough exercise for most. I know it is much better than nothing, but do you r...
by tainted-meat
Mon Mar 09, 2015 9:29 am
Forum: Personal Consumer Issues
Topic: Home workouts and motivation
Replies: 60
Views: 3262

Re: Home workouts and motivation

Walk one hour per day, four to five days per week (more if the weather is nice and you feel well).

Too many people do workouts that are unsustainable long-term and they burn out.
by tainted-meat
Fri Mar 06, 2015 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Does My Daughter Need A Prenup?
Replies: 175
Views: 6967

Re: Does My Daughter Need A Prenup?

It sounds to me like your daughter is capable of making the decision on her own without pressure or prompting. I guess the bigger question is whether it really is HER decision or OUR (including wife and) decision. No it's not. It's zero of your concern in any way at all. I fell bad for the future s...
by tainted-meat
Thu Mar 05, 2015 10:40 am
Forum: Personal Consumer Issues
Topic: Real estate frustration in finding a new home
Replies: 33
Views: 2651

Re: Real estate frustration in finding a new home

If you have been looking for three years and still have not bought a place, then you are probably not as ready to buy as you think you are, which explains why realtors are not spending much time on you.
by tainted-meat
Wed Mar 04, 2015 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Company Car & Personal Car?
Replies: 23
Views: 1274

Re: Company Car & Personal Car?

I've had a company car for a few years. I sold my personal car.
by tainted-meat
Tue Mar 03, 2015 9:36 am
Forum: Personal Consumer Issues
Topic: Can I afford it?
Replies: 59
Views: 6082

Re: Can I afford it?

You can easily afford it. However, I think you are smart that you are not going to buy it.
by tainted-meat
Mon Mar 02, 2015 5:11 pm
Forum: Personal Consumer Issues
Topic: Lumber Liquidators Safety Issue
Replies: 19
Views: 2090

Re: Lumber Liquidators Safety Issue

I saw a report on it last night. I can't speak to the safety one way or another. One thing I found interesting is that a group of investors who were shorting the stock were also funding a lawsuit against Lumber Liquidators.

Talk about market manipulation!
by tainted-meat
Mon Mar 02, 2015 11:10 am
Forum: Personal Consumer Issues
Topic: Job offer questions - appropriate?
Replies: 23
Views: 1325

Re: Job offer questions - appropriate?

I can't help with this situation.

For the future, you can ask "What are your expectations of me?" or "Tell me what a typical day entails for this position" and that will probably tell you what you need to know.
by tainted-meat
Sat Feb 28, 2015 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Hard skills to learn to push me over 50k per year?
Replies: 9
Views: 1089

Re: Hard skills to learn to push me over 50k per year?

If you are not making 50k/yr in sales then:

a. You are in the wrong type of sales
---or---
b. You are not selling
by tainted-meat
Thu Feb 26, 2015 10:12 pm
Forum: Personal Consumer Issues
Topic: Cheap ammo
Replies: 32
Views: 3582

Re: Cheap ammo

I haven't been out shooting much in the past few years. I remember buying bricks of 500 .22lr for 8 dollars or so. I had no idea ammo had skyrocketed like that. Nuts.
by tainted-meat
Tue Feb 24, 2015 9:45 pm
Forum: Personal Consumer Issues
Topic: Guns for hunting/defense
Replies: 134
Views: 8724

Re: Guns for hunting/defense

For home defense: I'd get a revolver as it is easy to use for any novice and won't jam. A .38 caliber should be big enough. Please take a gun safety course if you are not versed in how to safely use guns. For Hunting: It depends on the state. Kentucky allows one to hunt with assault rifles and I bel...
by tainted-meat
Sun Feb 22, 2015 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: What age do you guys plan to retire?
Replies: 143
Views: 9464

Re: What age do you guys plan to retire?

55, then work part-time at doing a 'fun' job in a resort town or something of that ilk. Currently 28 so there is a lot that could change between now and then.
by tainted-meat
Fri Feb 20, 2015 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Career Advice
Replies: 3
Views: 480

Re: Career Advice

Sales would be a good thing to try. Maybe you can even stay at the same company.
by tainted-meat
Thu Feb 19, 2015 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Why do companies match 401K contributions?
Replies: 50
Views: 4800

Re: Why do companies match 401K contributions?

I think one reason they match is so that more people will contribute and they can maintain a safe harbor plan. This allows the highly compensated employees (HCE) to contribute the full amount that the IRS allows to a 401k type plan.

https://www.sharebuilder401k.com/safe-harbor.aspx
by tainted-meat
Thu Feb 19, 2015 7:20 pm
Forum: Personal Consumer Issues
Topic: CarsDirect didn't lead to dealers responding with prices
Replies: 63
Views: 5298

Re: CarsDirect didn't lead to dealers responding with prices

It's not poor customer service. They just don't care to waste their time on someone who is going to just beat them down on price and play dealers off each other.

Go to advanced search