Search found 433 matches

by Incendiary
Wed Aug 23, 2017 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Paying for college with 529 money
Replies: 14
Views: 599

Re: Paying for college with 529 money

I will tell my kids to go to the best school possible, but that's my family's philosophy. What are you interested in doing yourself?
by Incendiary
Mon Aug 21, 2017 11:16 pm
Forum: Personal Consumer Issues
Topic: 2018 Merc S560, 2018 Lexus LS500 Discounts?
Replies: 33
Views: 2636

Re: 2018 Merc S560, 2018 Lexus LS500 Discounts?

I saw a sticker of a type R for $25k above sticker. That's on a $35k car...
by Incendiary
Mon Aug 21, 2017 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: which mortgage to take?
Replies: 8
Views: 376

Re: which mortgage to take?

These are very thoughtful replies. Thank you, all.
by Incendiary
Mon Aug 21, 2017 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: which mortgage to take?
Replies: 8
Views: 376

Re: which mortgage to take?

Goal33 wrote:
Mon Aug 21, 2017 4:51 pm
You should probably find a 30 year fixed at less than 4%
This is for a commercial property. I don't think such things tend to exist.
by Incendiary
Mon Aug 21, 2017 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: which mortgage to take?
Replies: 8
Views: 376

Re: which mortgage to take?

The current 5 year treasury is 1.77%. It was as high as 1.95% on 7/7/17, but was 1.12% a year ago. I'm leaning towards #1 as well.
by Incendiary
Mon Aug 21, 2017 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: which mortgage to take?
Replies: 8
Views: 376

which mortgage to take?

I have a choice between two mortgage options for a property I'm looking to purchase. 1. 10 year fixed at 4.9% 2. 5 year fixed at 4.375% and then 5 year fixed at the then-current 5 year Treasury rate + 2.75% The way I see it, I should choose the first option if rates don't rise more than 0.9% by 5 ye...
by Incendiary
Mon Aug 21, 2017 6:24 am
Forum: Personal Consumer Issues
Topic: 2018 Merc S560, 2018 Lexus LS500 Discounts?
Replies: 33
Views: 2636

Re: 2018 Merc S560, 2018 Lexus LS500 Discounts?

Interesting. I do the opposite. I buu at the end of the model run, not the beginning, so that I can be pretty sure all the bugs have been worked out.
by Incendiary
Sun Aug 20, 2017 8:59 pm
Forum: Personal Consumer Issues
Topic: 2018 Merc S560, 2018 Lexus LS500 Discounts?
Replies: 33
Views: 2636

Re: 2018 Merc S560, 2018 Lexus LS500 Discounts?

Why get two very similar cars? Why not get an SL or S coupe instead of the S sedan, for example? Just curious.
by Incendiary
Sat Aug 05, 2017 12:25 pm
Forum: Investing - Theory, News & General
Topic: Social security estimates
Replies: 7
Views: 1123

Re: Social security estimates

Thanks!
by Incendiary
Sat Aug 05, 2017 12:12 pm
Forum: Investing - Theory, News & General
Topic: Social security estimates
Replies: 7
Views: 1123

Social security estimates

Are the estimated monthly payments that Social Security gives in their statements real or nominal?
by Incendiary
Fri Aug 04, 2017 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 21251

Re: A poll: How much money do you want to retire?

Curious: when you make your projections, what real rate of return are you using per annum? I think lazydavid said he uses 3.5%, which is low? I've been using 2.7 (I don't remember how I came up with that). Anyone else?
by Incendiary
Thu Aug 03, 2017 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 21251

Re: A poll: How much money do you need to retire?

I am shocked by the amounts that people are listing. I assume either a) they want to live fairly lavishly or b) they are listing the amount they "want". I am 37, wife is 34. We are late to the game but good jobs have allowed us to amass $1.7M in savings, $2.2m w/ home equity included. Spending $90K...
by Incendiary
Thu Aug 03, 2017 11:44 am
Forum: Personal Consumer Issues
Topic: belts for dress pants
Replies: 37
Views: 2287

Re: belts for dress pants

Thanks for the suggestions, all. I've looked at them even if I didn't respond to you individually. Some good options and some that won't work for me. Keep 'em coming!
by Incendiary
Thu Aug 03, 2017 11:40 am
Forum: Personal Consumer Issues
Topic: belts for dress pants
Replies: 37
Views: 2287

Re: belts for dress pants

Will 82 wrote:Check out beltmaster.com. I've bought a couple from there.. Good quality, and very affordable.
Looks like they went out of business?
by Incendiary
Wed Aug 02, 2017 11:42 pm
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 21251

Re: A poll: How much money do you need to retire?

My plan: Retire at 70 Live till 100 Based on an annual spend of $180k and a 3.25% withdrawal rate, I would need a little over $5.53MM. Also assuming I have paid off my house, stay in a moderately HCOL area, put my kids through college and grad school, bought them cars, paid down payments for their h...
by Incendiary
Wed Aug 02, 2017 9:19 pm
Forum: Personal Consumer Issues
Topic: belts for dress pants
Replies: 37
Views: 2287

Re: belts for dress pants

Any suggestions for leather belts for dress slacks? Also, do you buy the same number as the waist of your pants? So if you wear a size 36, you would buy a belt size 36? For most belts, you should be able to wear it in the center hole or at least in one of the center three holes depending on the pai...
by Incendiary
Wed Aug 02, 2017 5:47 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 66
Views: 12296

Re: Jack Bogle - Two Fund Portfolio

azanon, you can say that again! And again! :D
by Incendiary
Wed Aug 02, 2017 10:03 am
Forum: Personal Consumer Issues
Topic: belts for dress pants
Replies: 37
Views: 2287

belts for dress pants

Any suggestions for leather belts for dress slacks?

Also, do you buy the same number as the waist of your pants? So if you wear a size 36, you would buy a belt size 36?
by Incendiary
Wed Aug 02, 2017 6:32 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 66
Views: 12296

Re: Jack Bogle - Two Fund Portfolio

How many Bogleheads invest in the Jack Bogle Two Fund Portfolio? Seems to me that the folks seeking such level of simplicity would be much better off with a single LifeStrategy fund (pick the one you like based on your tolerance for volatility, and be done with it). This is the recommendation I mak...
by Incendiary
Wed Aug 02, 2017 6:03 am
Forum: Personal Finance (Not Investing)
Topic: $300k at 32. Doing well?
Replies: 14
Views: 2935

Re: How are they doing? $300k at 32

Why aren't you maxing out the 401k? Are the investment choices terrible? Otherwise, shift the taxable money over. Do Roth IRA, especially if you can't deduct the traditional IRA.
by Incendiary
Mon Jul 31, 2017 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: Savings Rate Formula - Explicitly Spelled Out
Replies: 50
Views: 3981

Re: Savings Rate Formula - Explicitly Spelled Out

So would paying off student loans be considered savings? Or paying off credit card debt?
by Incendiary
Mon Jul 31, 2017 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Plan for Small Business
Replies: 9
Views: 688

Re: 401K Plan for Small Business

I will confirm that Paychex also offers Vanguard funds. I think most of them are offered at Admiral pricing as well, IIRC.
by Incendiary
Mon Jul 31, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: How do you decide if you can afford something?
Replies: 63
Views: 3618

Re: How do you decide if you can afford something?

I think if you're making seven figures a year then you should get the Rolls so I can line vicariously through you!
by Incendiary
Sun Jul 30, 2017 10:00 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Plan for Small Business
Replies: 9
Views: 688

Re: 401K Plan for Small Business

Paychex will also administer 401k accounts for small businesses at attractive rates.
by Incendiary
Sun Jul 30, 2017 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Savings Rate Formula - Explicitly Spelled Out
Replies: 50
Views: 3981

Re: Savings Rate Formula - Explicitly Spelled Out

Don't you have to take into account future taxes as well? So you should inflate your future expenses to get a gross income figure? Incendiary, Why do you think that people pay a lot of taxes in retirement? Please check out below URL. https://www.whitecoatinvestor.com/taxes-in-early-retirement/ Klan...
by Incendiary
Sun Jul 30, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: How do you decide if you can afford something?
Replies: 63
Views: 3618

Re: How do you decide if you can afford something?

I'll spend 5% of my net worth on a car. This year that means a modest Honda/Toyota. In 10 years, I'm hoping I'll be able to "afford" the Bugatti using the same metric! I'm not at the 5% for a Bugatti metric, but I suspect that if I were to spend 5% of NW on cars, year in and year out, I'd...
by Incendiary
Sun Jul 30, 2017 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: How do you decide if you can afford something?
Replies: 63
Views: 3618

Re: How do you decide if you can afford something?

The reason I asked about percent is the market can fluctuate a little or a lot. So there must be some kind of upper limit of change you are willing to accept. Otherwise, how can you apply this rule?
by Incendiary
Sun Jul 30, 2017 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: How do you decide if you can afford something?
Replies: 63
Views: 3618

Re: How do you decide if you can afford something?

I believe it comes down to individual philosophies. Numbers play a big part of it, but I disagree with the person about the Bugatti - he could afford it but it would come at the expense of retirement income, or whatever. If I knew that I was going to die in a year, my spending priorities would chan...
by Incendiary
Sun Jul 30, 2017 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: How do you decide if you can afford something?
Replies: 63
Views: 3618

Re: How do you decide if you can afford something?

livesoft wrote:I feel I can afford any major consumption item like a car that costs less than the amount of a single one-day [best] gain or [worst] loss in my invested assets.


What percent do you use? Haven't markets dropped over 10% in a day before?
by Incendiary
Sun Jul 30, 2017 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Savings Rate Formula - Explicitly Spelled Out
Replies: 50
Views: 3981

Re: Savings Rate Formula - Explicitly Spelled Out

Don't you have to take into account future taxes as well? So you should inflate your future expenses to get a gross income figure?
by Incendiary
Sun Jul 30, 2017 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Savings Rate Formula - Explicitly Spelled Out
Replies: 50
Views: 3981

Re: Savings Rate Formula - Explicitly Spelled Out

I prefer gross as well.

For a W-2, take total wages as denominator.
For savings, I agree with what you wrote.

Pretty easy.
by Incendiary
Sun Jul 30, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: How do you decide if you can afford something?
Replies: 63
Views: 3618

How do you decide if you can afford something?

Will vary depending on the item, of course, but I guess I'm talking big ticket items here. For example, a car. Lots of threads here seeking advice about whether one can or should buy a certain car. Most say to buy only if you can pay cash. TT brought up a good point in that he could liquidate part o...
by Incendiary
Sat Jul 29, 2017 5:58 pm
Forum: Investing - Theory, News & General
Topic: Why is BND best?
Replies: 29
Views: 3882

Re: Why is BND best?

May have to check it out, then. Thanks for sharing!
by Incendiary
Sat Jul 29, 2017 9:56 am
Forum: Investing - Theory, News & General
Topic: Why is BND best?
Replies: 29
Views: 3882

Re: Why is BND best?

I know vanguard recommends it, but I'm still not sold on the international bond fund, much like I'm not yet ready to buy the international reit fund.
by Incendiary
Sat Jul 29, 2017 12:00 am
Forum: Personal Finance (Not Investing)
Topic: Savings rate: gross or net?
Replies: 56
Views: 3138

Re: Savings rate: gross or net?

I cast my vote for gross.
by Incendiary
Fri Jul 28, 2017 7:20 pm
Forum: Investing - Theory, News & General
Topic: Why is BND best?
Replies: 29
Views: 3882

Re: Why is BND best?

Thanks, all.
by Incendiary
Fri Jul 28, 2017 7:11 pm
Forum: Investing - Theory, News & General
Topic: Why is BND best?
Replies: 29
Views: 3882

Re: Why is BND best?

Thanks! Is there a fund that focuses only on intermediate term bonds, then?
by Incendiary
Fri Jul 28, 2017 7:04 pm
Forum: Investing - Theory, News & General
Topic: Why is BND best?
Replies: 29
Views: 3882

Why is BND best?

Most people recommend BND or the mutual fund equivalents as the sole bond fund in the three fund portfolio. Unless I'm mistaken, it invests in only intermediate term bonds, to the exclusion of short and long term ones. Why ignore those?
by Incendiary
Fri Jul 28, 2017 11:18 am
Forum: Personal Consumer Issues
Topic: [Amazon Prime Day]
Replies: 87
Views: 9531

Re: [Amazon Prime Day]

Not to my knowledge.
by Incendiary
Thu Jul 27, 2017 9:26 pm
Forum: Personal Consumer Issues
Topic: BMW Z3 or Z4 or nothing at all?
Replies: 79
Views: 5043

Re: BMW Z3 or Z4 or nothing at all?

When I was choosing between a Z3 and Z4 and did all the research, I found the answer was pretty obvious. Reader, I bought a Miata. Basically, my decision tree was like this: Step 1: Do I want to spend a lesser amount of money, say, the amount I'd spend on a Z3? Y: Buy a Miata N: Go to Step 2 Step 2...
by Incendiary
Thu Jul 27, 2017 8:27 am
Forum: Personal Consumer Issues
Topic: BMW Z3 or Z4 or nothing at all?
Replies: 79
Views: 5043

Re: BMW Z3 or Z4 or nothing at all?

I don't disagree on that point! For pure sporting intentions, Miata > Boxster > 911, IMO. Refinement is another matter, but that usually is inversely proportional to sporty feel. Similarly, I've heard Corvette > M3. Keep in mind this is coming from a big German car fan. Gotta give credit where it's ...
by Incendiary
Thu Jul 27, 2017 8:12 am
Forum: Personal Consumer Issues
Topic: BMW Z3 or Z4 or nothing at all?
Replies: 79
Views: 5043

Re: BMW Z3 or Z4 or nothing at all?

midareff wrote:
Incendiary wrote:BMW guy here.

That said...

Miata
Is
Always
The
Answer.



Right up until you drive a Boxster. :oops:


I drove that and a 911. For pure sports car thrills, Miata beat them both hands down.
by Incendiary
Thu Jul 27, 2017 6:13 am
Forum: Personal Finance (Not Investing)
Topic: What's your personal savings rate?
Replies: 135
Views: 11405

Re: What's your personal savings rate?

I've always heard savings rates suggested as gross, not net.
by Incendiary
Wed Jul 26, 2017 11:00 pm
Forum: Personal Consumer Issues
Topic: BMW Z3 or Z4 or nothing at all?
Replies: 79
Views: 5043

Re: BMW Z3 or Z4 or nothing at all?

BMW guy here.

That said...

Miata
Is
Always
The
Answer.
by Incendiary
Wed Jul 26, 2017 7:31 pm
Forum: Investing - Theory, News & General
Topic: Capital gains question
Replies: 8
Views: 808

Re: Capital gains question

I did not realize it could be so complicated. I thought it was as simple as saying your W-2 income is this and therefore your long-term capital gains rate is that. Yikes..
by Incendiary
Wed Jul 26, 2017 8:49 am
Forum: Personal Consumer Issues
Topic: 2018 Subaru Outback with 3 car seats vs. other car/suv options
Replies: 68
Views: 3889

Re: 2018 Subaru Outback with 3 car seats vs. other car/suv options

Do you have to use seatbelts to get three across? LATCH system won't do? Few vehicles have LATCH placement for the center position so yes, you would need to use a seatbelt in that location. I meant for all three, even if the outer two have the LATCH capabilities. I'm told people have put three acro...
by Incendiary
Wed Jul 26, 2017 8:11 am
Forum: Personal Consumer Issues
Topic: 2018 Subaru Outback with 3 car seats vs. other car/suv options
Replies: 68
Views: 3889

Re: 2018 Subaru Outback with 3 car seats vs. other car/suv options

Do you have to use seatbelts to get three across? LATCH system won't do?
by Incendiary
Tue Jul 25, 2017 11:32 pm
Forum: Investing - Theory, News & General
Topic: Capital gains question
Replies: 8
Views: 808

Re: Capital gains question

So effectively the ltcg rate goes from 0-15-18.8-23.8?
by Incendiary
Tue Jul 25, 2017 10:42 pm
Forum: Investing - Theory, News & General
Topic: Capital gains question
Replies: 8
Views: 808

Capital gains question

Is the top capital gains tax rate 20% or 23.8%? Does anyone face an 18.8% rate?
by Incendiary
Tue Jul 25, 2017 9:07 pm
Forum: Personal Consumer Issues
Topic: [Amazon Prime Day]
Replies: 87
Views: 9531

Re: [Amazon Prime Day]

I use Pandora for free via my Echo devices.