Search found 1890 matches

by DaftInvestor
Fri Mar 24, 2017 9:18 am
Forum: Personal Consumer Issues
Topic: Small appliance electrical safety
Replies: 37
Views: 1298

Re: Small appliance electrical safety

Unless there's something done wrong in his house. I'm still not clear what 30A breakers he was talking about. Yep. I really need to get a better look at the breaker box. Access to it is a bit inconvenient and even when close-up or looking at things from a smart-phone photo, it's hard to read the am...
by DaftInvestor
Thu Mar 23, 2017 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about adding a 5% position to commodities
Replies: 21
Views: 1362

Re: Thinking about adding a 5% position to commodities

"The problem with commodities is that you are betting on what someone else would pay for them in six months. The commodity itself isn't going to do anything for you….it is an entirely different game to buy a lump of something and hope that somebody else pays you more for that lump two years fr...
by DaftInvestor
Thu Mar 23, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: So someone drained $13k from my checking account...
Replies: 99
Views: 9179

Re: So someone drained $13k from my checking account...

I had the opposite problem once - over $200,000 showed up in my checking account from a transfer from somewhere that I didn't initiate. Knowing that someone made a mistake and would be looking for their money I called the bank and had them trace it and fix it.
by DaftInvestor
Thu Mar 23, 2017 8:56 pm
Forum: Investing - Help with Personal Investments
Topic: Why did my fund GO UP so much?
Replies: 33
Views: 2599

Re: Why did my fund GO UP so much?

I thought some of you would enjoy this fund quote: http://i66.tinypic.com/2mfzm1z.jpg That an interesting way for a divide by zero error to be displayed. Except they appear to have divided by 0.00003814697337 38.76/0.00003814697337=1016070.125=1+101606912.5% Where did 0.00003814697337 come from? Pl...
by DaftInvestor
Thu Mar 23, 2017 8:48 pm
Forum: Personal Consumer Issues
Topic: Small appliance electrical safety
Replies: 37
Views: 1298

Re: Small appliance electrical safety

Many of the posts on this thread are from people with next to no experience with proper electrical wiring or the National Electric Code. Beware... I just re-read the posts and didn't see a SINGLE dangerous suggestion. No one is telling the OP to rewire his house or do something crazy like my great ...
by DaftInvestor
Thu Mar 23, 2017 8:36 pm
Forum: Personal Consumer Issues
Topic: Small appliance electrical safety
Replies: 37
Views: 1298

Re: Small appliance electrical safety

Not sure what the fuss is about with having 30 AMP fuses in a home - they are used in both of these cases. You do not want to use a 30 Amp fuse or breaker on a line designed for 15 or 20 amps. It would not be safe. Agreed - the OP is not re-wiring his house or swapping out breakers and I never sugg...
by DaftInvestor
Thu Mar 23, 2017 7:11 pm
Forum: Personal Consumer Issues
Topic: Need help with info about Portland
Replies: 14
Views: 929

Re: Need help with info about Portland

I've been to both Portland Maine and Portland Oregon - it would help to know which one you are referring to :)
by DaftInvestor
Thu Mar 23, 2017 7:00 pm
Forum: Personal Consumer Issues
Topic: Small appliance electrical safety
Replies: 37
Views: 1298

Re: Small appliance electrical safety

Unless there's something done wrong in his house. I'm still not clear what 30A breakers he was talking about. Yep. I really need to get a better look at the breaker box. Access to it is a bit inconvenient and even when close-up or looking at things from a smart-phone photo, it's hard to read the am...
by DaftInvestor
Thu Mar 23, 2017 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: How did you do your income taxes?
Replies: 93
Views: 3163

Re: How did you do your income taxes?

I sold shares of one of my Vanguard funds, so I needed to file a Schedule D. That meant using the online version of TurboTax Premier at a cost of $54.99 for my federal return, and $36.99 for my state return. Total cost: $91.98. You could have saved a few dollars if you bought the CD from Amazon. It...
by DaftInvestor
Thu Mar 23, 2017 9:53 am
Forum: Investing - Theory, News & General
Topic: The $1,124,176 Car.
Replies: 99
Views: 7056

Re: The $1,124.176 Car.

My brothers and I could go to college, largely because my father bought sensible used cars until we were done. Great point! This is exactly what I have done. I'm financing both of my kids colleges - have always kept sensible cars like Camry's for 10 years. Some of my peers have been driving BMW 5 s...
by DaftInvestor
Wed Mar 22, 2017 8:20 pm
Forum: Personal Consumer Issues
Topic: What is your preferred Weather App?
Replies: 55
Views: 3151

Re: What is your preferred Weather App?

I find Accuweather the most accurate and precise of all I have tried. It is usually pretty accurate about telling me things like in how many minutes the rain will stop and start on a day with rain showers.
by DaftInvestor
Wed Mar 22, 2017 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: Vehicles as a percentage of net worth
Replies: 102
Views: 4538

Re: Vehicles as a percentage of net worth

What about Luxury Watches as a percentage of net worth or yearly income? :)

I could say the same about dining out, etc. If you think of it as an expense - put it in the expense bucket and assure your TOTAL expenses are affordable for you.
by DaftInvestor
Wed Mar 22, 2017 7:34 pm
Forum: Personal Consumer Issues
Topic: Small appliance electrical safety
Replies: 37
Views: 1298

Re: Small appliance electrical safety

30 Amp is usually something really heavy-duty - like a dryer. But if your microwave happens to be plugged into it - that should be fine. Once you've isolated the 20AMP for the microwave you could plug something into the other kitchen outlets to see if they are on the same circuit or not (shut off th...
by DaftInvestor
Wed Mar 22, 2017 7:13 pm
Forum: Personal Consumer Issues
Topic: Small appliance electrical safety
Replies: 37
Views: 1298

Re: Small appliance electrical safety

Just don't run the microwave and toaster at the same time and it will be like its on its own circuit. BUT do you know what "own circuit" means? It means the outlet you are plugging the microwave into isn't connected on the same electrical circuit as other outlets in the kitchen. The outlet...
by DaftInvestor
Wed Mar 22, 2017 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: child support question
Replies: 38
Views: 1321

Re: child support question

I would take the increase and not feel guilty about it. After 10 years your child deserves it. The money is for the child - just tell him that if he complains - you shouldn't have to shoulder over 10 years of inflation by yourself. He knew his obligation as a father to his first child before he got ...
by DaftInvestor
Tue Mar 21, 2017 1:50 pm
Forum: Personal Consumer Issues
Topic: $464.12 dinner bill last night. No regrets.
Replies: 78
Views: 9531

Re: $464.12 dinner bill last night. No regrets.

Congratulations - nice story and it was nice of you to treat your Aunt and Uncle. (So this was for 4 people - yes? In my experience a little over $100 per person is about normal for dinner at a nice place with good food and wine. When I took an initial glance at your thread I thought that was just f...
by DaftInvestor
Tue Mar 21, 2017 1:08 pm
Forum: Investing - Theory, News & General
Topic: Schwab vs Vanguard vs Fidelity - ER fees
Replies: 18
Views: 1443

Re: Schwab vs Vanguard vs Fidelity - ER fees

You should do the math to decide if its important to you. Schwab makes a big deal about one tenth of a percentage assuming no one is doing the math. So their difference of 0.01% on a $100,000 investment means you will save $10 over the full year. You could just skip a lunch or two out (depending upo...
by DaftInvestor
Tue Mar 21, 2017 10:39 am
Forum: Personal Finance (Not Investing)
Topic: How much life insurance?
Replies: 18
Views: 1090

Re: How much life insurance?

Why are you buying it now?
Personally I'd wait until after you buy a home and after you have kids. If you wait until you have your first kid you can then get a 30 year term to carry you through their colleges.
by DaftInvestor
Mon Mar 20, 2017 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP
Replies: 16
Views: 793

Re: ESPP

The fact is, anyone can be a restricted employee. CEOs on down to the low man on the totem poll like me. I doubt I am a trading window restricted employee. I didn't necessarily receive the best answer. Should I do more research on this or enroll regardless? If you are a trading window restricted em...
by DaftInvestor
Mon Mar 20, 2017 4:04 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs. Vangard?
Replies: 57
Views: 4536

Re: Fidelity vs. Vangard?

OP: I've read many threads on this over the last year there's always someone with a negative customer experience at one or the other. And which website is "better" seems to be in they eye of the beholder. Costs have all equalized in the spirit of competition. BOTTOM LINE: If you are only b...
by DaftInvestor
Mon Mar 20, 2017 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Endless Job Interviews (with same company)
Replies: 58
Views: 5552

Re: Endless Job Interviews (with same company)

It is really appalling how poorly companies treat their job candidates. Most of the time when you don't make the cut, you never hear back. Just silence. To me, that is incredibly rude particularly when they say they will get back to you. Even finalists for a job are met with silence if not selected...
by DaftInvestor
Mon Mar 20, 2017 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Endless Job Interviews (with same company)
Replies: 58
Views: 5552

Re: Endless Job Interviews (with same company)

How do they explain it to you? You have a right to "kindly" ask them what their process is and where they are in the process. Have you asked them if this is the final step of their process and if you will be getting an offer shortly after this interview? You can also ask how you compare to...
by DaftInvestor
Mon Mar 20, 2017 3:45 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 2 factor authentication and Mint or Personal Capital
Replies: 12
Views: 874

Re: Vanguard 2 factor authentication and Mint or Personal Capital

I think you have to make a choice between: 1) trust aggregators and the security of your password alone. Many will tell you with a very strong password you don't need 2FA (although you obviously aren't "as secure" as 2FA). 2) Use 2FA in which case - if you are going this route - you should...
by DaftInvestor
Mon Mar 20, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Paying $20 to E-File State Return
Replies: 75
Views: 10759

Re: Paying $20 to E-File State Return

It can cost more than $20 to e-file a state return. For their online products, TaxAct currently charges $37 to e-file a state return, and TurboTax charges $39.99. As FYI - TurboTax only charged me $24.99 to e-file state. Maybe the $39.99 is the cost if you don't pay for the software or some other p...
by DaftInvestor
Mon Mar 20, 2017 3:08 pm
Forum: Personal Consumer Issues
Topic: What is ideal master bedroom size?
Replies: 30
Views: 2230

Re: What is ideal master bedroom size?

Ours is 16x24 which is a bit bigger than yours but we have a comfortable reading chair in it in addition to a King Bed, 3 dressers, 2 night stands, and a bookcase. We used to a have an inefficiently shaped clothes rack (non-used exercise-bike) in place of the reading chair. I like the idea of using ...
by DaftInvestor
Mon Mar 20, 2017 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Paying $20 to E-File State Return
Replies: 75
Views: 10759

Re: Paying $20 to E-File State Return

It can cost more than $20 to e-file a state return. For their online products, TaxAct currently charges $37 to e-file a state return, and TurboTax charges $39.99. As FYI - TurboTax only charged me $24.99 to e-file state. Maybe the $39.99 is the cost if you don't pay for the software or some other p...
by DaftInvestor
Mon Mar 20, 2017 2:12 pm
Forum: Investing - Theory, News & General
Topic: Sitting on cash....Waiting for a crash
Replies: 129
Views: 17070

Re: Sitting on cash....Waiting for a crash

Folks came last year and asked this same question...and they did it the year before as well. Some of those people that sat out of the market are now regretting it I'm sure. Others probably eventually jumped in and lost out on a couple of years of gains. Others come here and pound their chest about t...
by DaftInvestor
Mon Mar 20, 2017 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Paying $20 to E-File State Return
Replies: 75
Views: 10759

Re: Paying $20 to E-File State Return

I pay. I want tax paying to be done , finished, buttoned up. If this is the worst way I spend money, then I am happy. +1. I routinely spend $20 on dinner. E-filing through Turbotax or one of its competitors saves me a lot of time . That's at least worth the price of one dinner. Sometimes the things...
by DaftInvestor
Mon Mar 20, 2017 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP
Replies: 16
Views: 793

Re: ESPP

"Shares are credited to your account within 5 business days following their purchase." "You can sell your shares at any time and receive a distribution in cash" Unless the shares drop in value by 15% after they are bought but before you get a chance to sell them - this is essent...
by DaftInvestor
Mon Mar 20, 2017 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP
Replies: 16
Views: 793

Re: ESPP

"Shares are credited to your account within 5 business days following their purchase." "You can sell your shares at any time and receive a distribution in cash" Unless the shares drop in value by 15% after they are bought but before you get a chance to sell them - this is essenti...
by DaftInvestor
Mon Mar 20, 2017 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 168
Views: 13685

Re: "Millionaire Next Door" Net Worth Formula

I was way off last year on this rule of thumb but since my income is MUCH LOWER this year I am now on track! Good news! :? :oops:
by DaftInvestor
Mon Mar 20, 2017 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 168
Views: 13685

Re: "Millionaire Next Door" Net Worth Formula

Does his (the author's) definition of Net-Worth include primary-home equity? I believe there is one definition of net worth: all assets minus all liabilities. Someone with a paid off two million dollar house has a different net worth than someone who does not and would therefore pay rent for such a...
by DaftInvestor
Mon Mar 20, 2017 10:19 am
Forum: Personal Finance (Not Investing)
Topic: "Millionaire Next Door" Net Worth Formula
Replies: 168
Views: 13685

Re: "Millionaire Next Door" Net Worth Formula

Does his (the author's) definition of Net-Worth include primary-home equity?
by DaftInvestor
Mon Mar 20, 2017 10:12 am
Forum: Personal Consumer Issues
Topic: Cheapest dress shirt to wear under a sweater
Replies: 34
Views: 1993

Re: Cheapest dress shirt to wear under a sweater

How often do you wear these shirts? It may actually be cheaper to spend more than $20 or $25 for a shirt that will hold up. For double the price you will get more than double the quality. You can buy a few $20 shirts at Costo or Khols - wear them once a week or so - and replace them after a year (du...
by DaftInvestor
Tue Mar 14, 2017 6:32 am
Forum: Personal Finance (Not Investing)
Topic: Did I Buy Too Much Home?!?!?!
Replies: 42
Views: 4392

Re: Did I Buy Too Much Home?!?!?!

I believe ~3x annual household salary to be a reasonable purchase price for a home especially if increased income is expected moving forward.
by DaftInvestor
Mon Mar 13, 2017 5:08 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP is it worth it?
Replies: 10
Views: 752

Re: ESPP is it worth it?

Is there ANY holding period after the stock is purchased for you - can you sell same day or next day? If so - you are essentially not taking advantage of a quick 25% earnings. I'd jump in. Someone above stated they always thought ESPPs too risky - with no holding period after purchase and discipline...
by DaftInvestor
Mon Mar 13, 2017 4:27 pm
Forum: Personal Consumer Issues
Topic: High End Wrist Watches (Gone Crazy)
Replies: 162
Views: 13606

Re: High End Wrist Watches (Gone Crazy)

Good inputs on how this all gets paid for. For me, I save 40% of my gross income to fund my early retirement at age 55. College for both kids is fully funded. EF is plump. I have a car fund, vacation fund, elective surgery fund. All expected and unexpected expenses for the foreseeable future are fu...
by DaftInvestor
Wed Mar 08, 2017 8:59 am
Forum: Personal Consumer Issues
Topic: Car engines. Turbo vs no turbo
Replies: 68
Views: 4694

Re: Car engines. Turbo vs no turbo

You mentioned Subaru - note they do have turbo-engine options. I have no idea if there are statistics whether or not the Turbo options last as long - that would at least me a like-for-like comparison with a single manufacturer. Someone mentioned Turbo engines help gas mileage? Is this true or, even ...
by DaftInvestor
Sat Mar 04, 2017 5:22 pm
Forum: Personal Consumer Issues
Topic: Free ynab? [You Need A Budget]
Replies: 20
Views: 2026

Re: Free ynab? [You Need A Budget]

OP: when I dropped Quicken I tried both YNAB (free trial) and Mint. I found mint met all my needs and saw no reason to pay for YNAB. I'd recommend just trying both - or try mint for free first and see if it meets your needs before bothering with YNAB. For Mint, don't you have to give them your ID a...
by DaftInvestor
Sat Mar 04, 2017 10:40 am
Forum: Personal Consumer Issues
Topic: How much do you spend on "stuff" for kids?
Replies: 53
Views: 3511

Re: How much do you spend on "stuff" for kids?

Your spending seems very reasonable to me. We used to spend far more on Christmas - probably went way overboard - lots of money on toys and things during Christmas but we do have fond memories (along with an attic full of toys).
by DaftInvestor
Sat Mar 04, 2017 10:30 am
Forum: Personal Consumer Issues
Topic: Free ynab? [You Need A Budget]
Replies: 20
Views: 2026

Re: Free ynab? [You Need A Budget]

OP: when I dropped Quicken I tried both YNAB (free trial) and Mint. I found mint met all my needs and saw no reason to pay for YNAB. I'd recommend just trying both - or try mint for free first and see if it meets your needs before bothering with YNAB.
by DaftInvestor
Sat Mar 04, 2017 6:51 am
Forum: Investing - Help with Personal Investments
Topic: Employee Stock Purchasing Program
Replies: 19
Views: 1112

Re: Employee Stock Purchasing Program

Trying to defuzzy the return for you: OP said the 12% discount was after only 2 months of contributions so with 6 contribution periods in a year you have 12%*6 = 72% annualized return. Or - as an example - if you contribute $1,000 you get a $120 on this money first 2 months. Keep rolling that same ...
by DaftInvestor
Sat Mar 04, 2017 6:48 am
Forum: Investing - Help with Personal Investments
Topic: Roth for non-employed spouse
Replies: 16
Views: 1059

Re: Roth for non-employed spouse

There is no such thing as a Spousal IRA. There can be Spousal IRA contributions . Nothing sure why you say this. The IRS itself refers to it as a spousal IRA throughout several publications and info on their website. We've contributed to a spousal IRA for my stay at home spouse for years. This is n...
by DaftInvestor
Fri Mar 03, 2017 8:17 pm
Forum: Investing - Help with Personal Investments
Topic: Employee Stock Purchasing Program
Replies: 19
Views: 1112

Re: Employee Stock Purchasing Program

Are you maxing out your pre-tax 401k and Roth IRA each year? Do you have an HSA you can fill up? If yes to those and you have extra money to invest/save, then an ESPP can be a good saving vehicle. I also would recommend selling on the day you get your shares. Then treat it like any other "extr...
by DaftInvestor
Fri Mar 03, 2017 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: Roth for non-employed spouse
Replies: 16
Views: 1059

Re: Roth for non-employed spouse

Spirit Rider wrote:There is no such thing as a Spousal IRA. There can be Spousal IRA contributions.


Nothing sure why you say this. The IRS itself refers to it as a spousal IRA throughout several publications and info on their website.
We've contributed to a spousal IRA for my stay at home spouse for years.
by DaftInvestor
Fri Mar 03, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Employee Stock Purchasing Program
Replies: 19
Views: 1112

Re: Employee Stock Purchasing Program

Are you maxing out your pre-tax 401k and Roth IRA each year? Do you have an HSA you can fill up? If yes to those and you have extra money to invest/save, then an ESPP can be a good saving vehicle. I also would recommend selling on the day you get your shares. Then treat it like any other "extr...
by DaftInvestor
Fri Mar 03, 2017 3:40 pm
Forum: Investing - Help with Personal Investments
Topic: Employee Stock Purchasing Program
Replies: 19
Views: 1112

Re: Employee Stock Purchasing Program

Is there a holding period between buy and sell - if not - it is money in the bank.
If the holding period is long (6 months, etc.) then you need to look at the volatility of the stock.
12% discount after 2 months of contributions is incredibly good - this is more than 12%X6= 72% yearly return!
by DaftInvestor
Fri Mar 03, 2017 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: how often do you shrug at your IPS? [Investment policy statement]
Replies: 50
Views: 3632

Re: how often do you shrug at your IPS?

My IPS has my MUST goals and then my STRETCH goals. I ALWAYS hit my MUST but not every year my STRETCH.

OP: sounds like you have mental accounting between must goals and stretch goals.
by DaftInvestor
Fri Mar 03, 2017 11:27 am
Forum: Investing - Theory, News & General
Topic: I Bonds: time-delayed Emergency Fund or down-payment?
Replies: 31
Views: 1984

Re: I Bonds: time-delayed Emergency Fund or down-payment?

The interest is not subject to state and local income tax. They are federal tax deferred but NOT federal tax-free. I believe can either pay federal taxes on the interest yearly, or as most do, defer paying tax on the interest until when you cash them in. You will get a 1099-INT the year you cash th...
by DaftInvestor
Fri Mar 03, 2017 11:23 am
Forum: Personal Consumer Issues
Topic: When & how much to donate?
Replies: 94
Views: 4902

Re: When & how much to donate?

Those numbers may be a bit misleading since it would include donations to churches, synagogues, mosques, etc that people attend. That may be a fine choice but that is a bit different than donating money to a non-religious cause. I respectfully disagree. Most churches, synagogues and mosques provide...

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