Search found 284 matches

by Boglemama
Sat Sep 24, 2016 2:01 pm
Forum: Personal Consumer Issues
Topic: Would you buy this house in a flood zone? HELP!
Replies: 63
Views: 3799

Re: Would you buy this house in a flood zone? HELP!

Thank you all for your advice and experience! We have opted not to buy the house. The risk of flooding would weigh too heavily on our minds. Thank you!
by Boglemama
Fri Sep 23, 2016 7:05 pm
Forum: Personal Consumer Issues
Topic: Would you buy this house in a flood zone? HELP!
Replies: 63
Views: 3799

Would you buy this house in a flood zone? HELP!

Hello wise Bogleheads! We are looking at a house that is in a 100 year flood zone. FEMA said that it means that there is a 1% chance annually of a significant flood. The last time that this area flooded was 2009, and the township improved the drainage, and supposedly there has been no significant fl...
by Boglemama
Sat Jul 02, 2016 4:40 am
Forum: Personal Consumer Issues
Topic: 4th of July duck race. Help me calculate odds. $1,000 prize! (Edited)
Replies: 6
Views: 447

4th of July duck race. Help me calculate odds. $1,000 prize! (Edited)

A local community is having a duck race for the 4th of July! Here is the info: "Three separate races limited to only 20 ducks in a race for $100 per duck! The winner gets $1000!" So, I read this to be a total of 60 ducks, in 3 races, with a final race of 3 ducks. I emailed the race hosts t...
by Boglemama
Tue May 31, 2016 6:26 pm
Forum: Personal Consumer Issues
Topic: buying art?
Replies: 17
Views: 1256

Re: buying art?

Are there particular websites or places you would go to in person to get original oil works for that price? I have been to a few galleries in Atlanta, but the prices are out of my budget by far. Not galleries! They are highly priced. Check the website "auctionzip. com" for auctions in you...
by Boglemama
Tue May 31, 2016 11:31 am
Forum: Personal Consumer Issues
Topic: buying art?
Replies: 17
Views: 1256

Re: buying art?

I've bought and sold antiques and art for years and have sold at some of the larger and more prestigious auction houses. I was also on the Antiques Roadshow. Many have said this, but just buy what you enjoy and won't regret spending money on if it's worth nothing. Perhaps it might go up in value ove...
by Boglemama
Mon Mar 07, 2016 11:44 am
Forum: Personal Finance (Not Investing)
Topic: How much should I put down on new home?
Replies: 14
Views: 1985

Re: How much should I put down on new home?

Congrats on such an enviable situation! You've worked hard to get here. I would ensure that your emergency fund is 6 months to a year of living expenses. I wouldn't worry about paying off a car loan at .9% if having it doesn't bother you. I would then fully fund the college funds for this year, max ...
by Boglemama
Sun Mar 06, 2016 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: How much should a 40 year old have saved for retirement?
Replies: 41
Views: 7898

Re: How much should a 40 year old have saved for retirement?

No one can give you a specific dollar amount of how much you need in order to retire unless you share your expenses, debt, annual spending, etc. I've heard that 25 times annual spending (or 4%) is required in order to generate enough income for retirement. That doesn't factor in social security. Che...
by Boglemama
Sat Feb 13, 2016 12:57 pm
Forum: Investing - Theory, News & General
Topic: Governmental 457b-distribution rules?
Replies: 4
Views: 485

Re: Governmental 457b-distribution rules?

Thank you both for your replies! I greatly appreciate your advice and that you shared your knowledge with me. Have a wonderful day! :beer
by Boglemama
Sat Feb 13, 2016 8:17 am
Forum: Investing - Theory, News & General
Topic: Governmental 457b-distribution rules?
Replies: 4
Views: 485

Governmental 457b-distribution rules?

Hubby has a governmental 457b and will be leaving his employer in the beginning of June. I understand that you can take the money from a governmental 457b without the 10% penalty when you leave your employer, but is it necessary? If so, how best to do so? If not, what is the process? Is it simply le...
by Boglemama
Tue Jan 05, 2016 6:19 am
Forum: Personal Finance (Not Investing)
Topic: Engaged...So how do we handle finances now?
Replies: 40
Views: 4152

Re: Engaged...So how do we handle finances now?

I would sit down and review all finances and accounts. Decide monthly spending money and who will pay bills. Hubby and I have "house" accounts for our combined bills and then we each have our own checking and savings. It's nice to have your own money that no one else has a handle on.
by Boglemama
Mon Jan 04, 2016 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Saved half of income last year - struggling to see the point
Replies: 62
Views: 11592

Re: Saved half of income last year - struggling to see the point

Options & freedom. Your children : They are young. As they get older, you will want to provide other things for them. Activities, college, weddings, etc. If you have money, then you have the option and freedom to do that. Employment : It might not be something that's always enjoyable. You said t...
by Boglemama
Mon Jan 04, 2016 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: IRS IP PIN Received Today but for Tax Year 2014?
Replies: 36
Views: 4314

Re: IRS IP PIN Received Today but for Tax Year 2014?

I was on hold about the same concern and gave up holding after 30 minutes. I am also assuming that this is a typo and that the letter sent out on January 4, 2016 was referring to 2015 instead of 2014 as mentioned in the letter, as I already filed for 2014 and didn't have a security breech until 2015...
by Boglemama
Sat Aug 22, 2015 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with 100k
Replies: 7
Views: 1495

Re: What to do with 100k

And now for something completely different... Here's my idea of what I'd do with the 100k in your situation. I would follow your #3 idea and then expand on that. Use the 100k to pay down the rental with the 4.25%. Then I would seriously pound away at that mortgage, budgeting and saving to do it, put...
by Boglemama
Fri Mar 06, 2015 11:43 pm
Forum: Personal Consumer Issues
Topic: Anyone fans of the CNBC show American Greed???
Replies: 32
Views: 3289

Not well publicized American Greed incident

Ball State University in Muncie, Indiana, had 8 million dollars stollen from a fake investing firm named "Betts & Gambles". BETTS AND GAMBLES! Seriously. The firm that stole the money was called Betts and Gambles. I can't make this stuff up. http://www.bloomberg.com/news/articles/2014-...
by Boglemama
Sun Feb 22, 2015 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: How much has Bogleheads contributed to your net worth?
Replies: 58
Views: 5780

Re: How much has Bogleheads contributed to your net worth?

Our net worth just hit $507,000 this month! 4 years ago it was $102,000. MUCH of this huge difference is because of strategies and ideas given to me by all of the Bogleheads. We save between 25-45% of our income now, depending on the expenses each month. People gave me ideas by reading all of the po...
by Boglemama
Tue Feb 17, 2015 6:20 pm
Forum: Personal Consumer Issues
Topic: Landlord asking for more money at Move Out than Security Dep
Replies: 24
Views: 3814

Re: Landlord asking for more money at Move Out than Security

$100 security deposit is low. I'd wait and see what your wife says after the walk through. Then I'd write them a letter saying that your apartment only had normal wear and tear and that you want your $100 back. In order to send you to collections, they would need a judgement. So they can't do that u...
by Boglemama
Sat Feb 14, 2015 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Tenants won't let us show the rental: what do we do?
Replies: 60
Views: 9689

Re: Tenants won't let us show the rental: what do we do?

Evict them. It's in the lease that they show the property with proper notice. You don't need to pay them! That's insane. Start eviction now.
by Boglemama
Sat Feb 14, 2015 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: freeze kids' accounts with the 3 bureaus?
Replies: 15
Views: 2445

Re: freeze kids' accounts with the 3 bureaus?

We are victims of the data breech as well. I read this information on the Experian website about freezing children's credit: Dear Experian, I have two young children (both under the age of four). Because I have heard of even young children being the victims of identity theft, I am considering freezi...
by Boglemama
Sat Feb 14, 2015 5:18 pm
Forum: Personal Consumer Issues
Topic: Spring Break Ideas for Apr 4-11 for girls 4,6 yrs
Replies: 45
Views: 3462

Re: Spring Break Ideas for Apr 4-11 for girls 4,6 yrs

Hands down - Florida Gulf Coast. Should be quite toasty in April. The girls will like the beaches. Easy drive from Georgia, not as crazy as Orlando and overall better family atmosphere than the Atlantic side of Florida. Take your pick anywhere from Clearwater to Naples. I have a 3 & 6 year old....
by Boglemama
Thu Feb 12, 2015 8:59 pm
Forum: Personal Consumer Issues
Topic: Valentine’s day dinner I could cook?
Replies: 40
Views: 3351

Re: Valentine’s day dinner I could cook?

I would go on one of my favorite recipe sites allrecipes.com. They have the recipes rated, with comments, so you know which ones are really good. They have a few beef recipes and one of my favorites, broiled parmesan tilapia, that you can even leave some ingredients out of (except butter, parmesan, ...
by Boglemama
Wed Feb 04, 2015 12:00 pm
Forum: Personal Consumer Issues
Topic: Birthday idea for fiancée (investment)?
Replies: 15
Views: 1912

Re: Birthday idea for fiancée (investment)?

Re: Recommendation to open a 529 fund You need the name and SS number of the beneficiary to open a 529 ESA (Educational Savings Account) which eliminates unborn beneficiaries. There are ways to get around that but if you are not even married I would not recommend you consider them...Gordon A 529 fu...
by Boglemama
Sat Jan 31, 2015 12:08 pm
Forum: Personal Consumer Issues
Topic: Birthday idea for fiancée (investment)?
Replies: 15
Views: 1912

Re: Birthday idea for fiancée (investment)?

My fiancée's birthday is coming up, and I love the idea of giving her something (in addition to a nice dinner, flowers) related to our investment future. We're both Boglehead-types and care deeply about these issues. Does anyone have suggestions for an inexpensive but meaningful investment gift? It...
by Boglemama
Sat Jan 03, 2015 10:25 am
Forum: Investing - Help with Personal Investments
Topic: 2% savings rate? Emerg Doc?
Replies: 6
Views: 2162

Re: 2% savings rate? Emerg Doc?

You mean 20% savings rate? That's what I usually recommend to docs. Can you post a link to the post? I looked through my browser history and can't find the specific post. I have read so many Bogelheads posts, and posts from your White Coat Investor site, that pinning down which post had that inform...
by Boglemama
Sat Jan 03, 2015 10:21 am
Forum: Investing - Help with Personal Investments
Topic: New Here, need help with Retirement
Replies: 42
Views: 4171

Re: New Here, need help with Retirement

Boglemama said: If I may, 2 things that will significantly reduce your monthly spending are to use the expected 200k inheritance money to pay off your mortgage. Then set the rest of the money aside so that when your husband's auto lease is up and buy a vehicle instead of leasing. If you eliminate t...
by Boglemama
Fri Jan 02, 2015 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: 2% savings rate? Emerg Doc?
Replies: 6
Views: 2162

2% savings rate? Emerg Doc?

I had read a post from Emerg Doc about a 2% savings rate. Where is this? What type of account?
by Boglemama
Fri Jan 02, 2015 8:52 pm
Forum: Investing - Help with Personal Investments
Topic: New Here, need help with Retirement
Replies: 42
Views: 4171

Re: New Here, need help with Retirement

PS: congrats for being ccard debt free! And I second the opinion that you should ditch the financial advisor and call Vanguard. If you call them then they will walk you through transferring. Their fees are ridiculously low compared to what you have been paying. BUT, congrats on investing that much! ...
by Boglemama
Fri Jan 02, 2015 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: New Here, need help with Retirement
Replies: 42
Views: 4171

Re: New Here, need help with Retirement

If I may, 2 things that will significantly reduce your monthly spending are to use the expected 200k inheritance money to pay off your mortgage. Then set the rest of the money aside so that when your husband's auto lease is up and buy a vehicle instead of leasing. If you eliminate the mortgage payme...
by Boglemama
Sun Dec 21, 2014 6:51 pm
Forum: Personal Consumer Issues
Topic: Major Life Decision -- Do we need to keep working?
Replies: 56
Views: 8662

Re: Major Life Decision -- Do we need to keep working?

You CAN semi-retire. Very easily. There are areas of the country where you can live so inexpensively. Not Malibu, as you mentioned, but good, enjoyable places. You have enough money set aside and plans to grow your consulting. I think that you are wavering because you have the opportunity for so muc...
by Boglemama
Fri Nov 28, 2014 2:49 am
Forum: Personal Consumer Issues
Topic: When do you feel comfortable financially to have kids?
Replies: 59
Views: 5341

Re: When do you feel comfortable financially to have kids?

Our decision to have kids wasn't a financial one. We met when I was 30 and dated for 2 years. Then married for 1 year. Then got pregnant with our first. 3 years later with our second. In certain ways, it's nice to be an older mom. But I am 41 and my almost 4 year old could technically be my granddau...
by Boglemama
Wed Nov 26, 2014 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Girlfriend with a LOT of Student debt.
Replies: 166
Views: 16575

Re: Girlfriend with a LOT of Student debt.

So what happened?
by Boglemama
Tue Nov 18, 2014 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Fraud-People take out mortgage on YOUR property???
Replies: 8
Views: 2372

Re: Mortgage Fraud-People take out mortgage on YOUR property

The other case is someone recording a deed to your property in their name, and then taking out a mortgage on that property. It's a bit more elaborate, in that the perpetrator must also get a notary to go along with the scam. The following link, although specific to CA, has some helpful info: http:/...
by Boglemama
Mon Nov 17, 2014 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Fraud-People take out mortgage on YOUR property???
Replies: 8
Views: 2372

Re: Mortgage Fraud-People take out mortgage on YOUR property

From Wikipedia article on mortgage fraud: Identity theft: Occurs when a person assumes the identity of another and uses that identity to obtain a mortgage without the knowledge or consent of the victim. In these schemes, the thieves disappear without making payments on the mortgage. The schemes are ...
by Boglemama
Mon Nov 17, 2014 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Fraud-People take out mortgage on YOUR property???
Replies: 8
Views: 2372

Mortgage Fraud-People take out mortgage on YOUR property???

I hadn't heard about his until today! "Mortgage fraud is on the rise, according to the Federal Bureau of Investigation website, which shows the number of mortgage fraud suspicious activity reports increasing from 46,717 in 2007 to 93,508 in 2011. Property fraud can occur when a scammer records ...
by Boglemama
Sun Nov 16, 2014 4:28 am
Forum: Personal Finance (Not Investing)
Topic: Not qualified for my job - what to do?
Replies: 42
Views: 6534

Re: Not qualified for my job - what to do?

Take it easy! There is NO ONE who knows their job when they start. No one. You learn. Let's develop a plan to get you ready for this job. You have a project starting in less than a month and a review. Well, first you need to talk to whomever you need to in order to make sure that your project is on ...
by Boglemama
Fri Nov 14, 2014 7:48 pm
Forum: Personal Consumer Issues
Topic: Consider freezing your credit
Replies: 45
Views: 6137

Re: Consider freezing your credit

I froze hubby and my credit 4 years ago. I had to unfreeze it last year when we refinanced, and it's not difficult at all. Maybe took me 20 minutes. I did it all online and used our passwords. I asked the lender when they would be pulling the report and unfroze it for that day. Our state offers the ...
by Boglemama
Fri Oct 31, 2014 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Appealing a Tax Assessment on Home
Replies: 11
Views: 1129

Re: Appealing a Tax Assessment on Home

It's important that you learn the rules for assessing. In our area, if the assessor increases the value of the property more than 5% from the previous year, they need to provide evidence for that at a hearing. You only get a hearing if you contest. Read online and find out what the rules are in your...
by Boglemama
Wed Oct 22, 2014 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Benefits to a larger than necessary house (as children grow)
Replies: 31
Views: 3841

Re: Benefits to a larger than necessary house (as children g

I read your post yesterday and thought about your situation. I am a stay at home mom of 2. You have gotten a lot of great advice so far. Your main advantage to staying in your current home is the parents living directly across the street. Moving away into even the perfect home would be not worth mov...
by Boglemama
Wed Oct 08, 2014 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Wife Expecting, Down to One Income Source
Replies: 116
Views: 11084

Re: Wife Expecting, Down to One Income Source

We do beautifully on one income. It depends on your priorities. Hubby even plans on retiring early. My focus is on the kids and on running our house like a business. No unnecessary expenditures & maximize spending. I estimate that I made $27,000 last year net, and I didn't work for an employer o...
by Boglemama
Wed Oct 08, 2014 8:02 pm
Forum: Personal Consumer Issues
Topic: What have you done to cut costs this year?
Replies: 134
Views: 15378

Re: What have you done to cut costs this year?

Appeal property taxes Meal planning Packing lunches and snacks No cable. Just high speed internet for $20 monthly and Hulu for $8 monthly. Question every bill! Caught a $50 error in a medical bill. Skipped an extra week in mowing the lawn Bought all clothes, except undies and socks, at thrift shops....
by Boglemama
Wed Oct 08, 2014 7:57 pm
Forum: Personal Consumer Issues
Topic: Four credit cards hacked in a 2 month period
Replies: 14
Views: 2444

Re: Four credit cards hacked in a 2 month period

Have you checked her credit report? I'd do that and definitely look at places that she frequents like a job, friends, salons, babysitters, etc. Anywhere that she takes her purse and sits it down. Your wallet stays in your pocket when you are out.
by Boglemama
Wed Oct 08, 2014 7:47 pm
Forum: Personal Consumer Issues
Topic: Small Moneysavers Which Add Up
Replies: 74
Views: 9043

Re: Small Moneysavers Which Add Up

Save even more by cutting the cable TV Netflix and projectfreeTV.org works for me We cut cable. Just high speed internet at $20 per month promotional (I have to call every 6 months and get it reinstated) and $8 per month for Hulu plus. We also bought our own modem. Meal planning is also a GREAT sav...
by Boglemama
Wed Sep 24, 2014 9:06 pm
Forum: Personal Consumer Issues
Topic: What did you always wish for but never got?
Replies: 87
Views: 7973

Re: What did you always wish for but never got?

I've always wanted to truly learn to ride horses. I spent my childhood reading every book in the Saddle Club series. At this point in my life, riding lessons are still too expensive, but I'm hoping in a couple more years we'll be able to afford it. Obviously I will never be an Olympic show jumper, ...
by Boglemama
Wed Sep 24, 2014 9:02 pm
Forum: Personal Consumer Issues
Topic: What did you always wish for but never got?
Replies: 87
Views: 7973

Re: What did you always wish for but never got?

When I was five I met the love of my life. I know I was five and didn't know what love was but I had "that" feeling about this girl. And it only grew. I lived in a small town so as you went from grade to grade you always had the same kids in the same classes. I was in her same class from ...
by Boglemama
Sun Sep 21, 2014 11:52 pm
Forum: Personal Finance (Not Investing)
Topic: hoiuh
Replies: 46
Views: 5397

Re: Need help protecting assets (marriage)

I was also wondering where her savings are if she's working and paying no bills, other than the occasional water bill. Are you concerned about her spending habits?
by Boglemama
Thu Aug 21, 2014 8:13 pm
Forum: Investing - Theory, News & General
Topic: Financial Advisor Compensation
Replies: 36
Views: 4010

Re: Financial Advisor Compensation

I don't use a financial advisor, but I'd ask your financial advisor what compensation they are getting. If you are a buy and hold investor then I'd think that you really don't need a financial advisor, so any cost would be unnecessary.
by Boglemama
Thu Aug 21, 2014 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Best one-stop company for renters/car/term life insurance?
Replies: 15
Views: 1306

Re: Best one-stop company for renters/car/term life insuranc

I am a member of USAA because of my Father in law's military. My parents called them for car insurance and since they were ineligible, USAA directed them to their non-military company who saved them $300 per year on auto insurance! I'd call USAA. Also, I use Banner Life for term, and would also ask ...
by Boglemama
Thu Aug 14, 2014 6:39 pm
Forum: Personal Consumer Issues
Topic: Where do you buy clothes?
Replies: 105
Views: 12795

Re: Where do you buy clothes?

Goodwill for clothes. I hesitate to spend $40 on a shirt that I can get for $3. Shopping at thrift stores also forces me to be more adventurous in my clothing choices. Prior to thrift shop shopping I would only buy basic colors of clothing. But when I am shopping by size and then what looks nice on,...
by Boglemama
Tue Jul 29, 2014 4:28 am
Forum: Personal Finance (Not Investing)
Topic: Do Bogleheads Feel Wealthier?
Replies: 57
Views: 5497

Re: Do Bogleheads Feel Wealthier?

in_reality wrote:Yes! Since becoming a Boglehead and saving advisors fees, I do not hesitate at all to purchase mangos when I see them in the grocery store. I used to stay more with less expensive fruit.


I love this! (But Aldi sometimes has mangoes on sale for 39 cents. I usually buy 7-8 of them!)

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