Search found 1001 matches

by J295
Mon Jun 26, 2017 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Can we/should we afford a $2M house?
Replies: 47
Views: 5506

Re: Can we/should we afford a $2M house?

We have purchased a lot and built, and purchased existing and did a complete renovation ..... as for choosing the lot, work with a great architect that is a great fit for you/your spouse and have him/her help guide you through this process. As you well know, all professionals are not created equal s...
by J295
Mon Jun 26, 2017 10:30 pm
Forum: Investing - Help with Personal Investments
Topic: Can we retire early?
Replies: 14
Views: 2549

Re: Can we retire early?

Haven't drilled down on the numbers, but wanted to chime in to say we have been at "early retirement" for about 5 years and love it! The great thing for us has been it has opened up so many adventures that we never saw coming ..... H went part time and now works less and less .... W wasn't...
by J295
Wed Jun 21, 2017 10:33 pm
Forum: Personal Consumer Issues
Topic: Google Fi? pros/cons? anyone using it?
Replies: 53
Views: 3956

Re: Google Fi? pros/cons? anyone using it?

Great, especially for international use.
by J295
Wed Jun 21, 2017 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: solo 401k, SEP IRA or roth 401k?
Replies: 7
Views: 344

Re: solo 401k, SEP IRA or roth 401k?

I like the solo 401k. We use Fido.
by J295
Wed Jun 21, 2017 9:45 pm
Forum: Investing - Theory, News & General
Topic: What do BH think of this formula for an early retiree?
Replies: 26
Views: 3052

Re: What do BH think of this formula for an early retiree?

The TL.
Do you have a specific retirement date declared?
by J295
Wed Jun 21, 2017 9:34 pm
Forum: Investing - Help with Personal Investments
Topic: tax lien auction/investing
Replies: 2
Views: 199

Re: tax lien auction/investing

The laws governing the liens, and sales and redemptions, are state specific and can be relatively complex. Drill down carefully if you plan to get involved (it can be done, and I'm familiar with many aspects of these transactions, but one needs to understand how they work, impact of a bankruptcy, co...
by J295
Wed Jun 21, 2017 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: What is tax basis for property via Quitclaim Deed
Replies: 7
Views: 694

Re: What is tax basis for property via Quitclaim Deed

Review your pertinent facts and see if a stepped up basis is applicable. Google "stepped up basis."
by J295
Wed Jun 21, 2017 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Best Practices for Managing Paper Receipts
Replies: 28
Views: 1960

Re: Best Practices for Managing Paper Receipts

Only paper receipts we keep are HSA, which get stuffed into a file folder (we keep a spreadsheet with the detail). This risks of audit on this are small and if we had to prove the amounts on the spreadsheet it could be done with the file folder. As for other paper receipts, we have zero. We inspect ...
by J295
Tue Jun 20, 2017 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: CD Ladder?
Replies: 11
Views: 1059

Re: CD Ladder?

At Fido you can just click 5 year CD ladder and it pulls up the ladder for you and you buy it ..... in your case $20k per CD. Simple and safe.
by J295
Mon Jun 19, 2017 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Reputable Home Owner's Insurance Company
Replies: 5
Views: 509

Re: Reputable Home Owner's Insurance Company

Had major hail damage and Nationwide was super. Claim over $40k.

Note .... Make sure you have a set dollar deductible and not a percent of value deductible. Assuming that's your preference.
by J295
Sun Jun 18, 2017 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: How to put your primary residence in your living trust?
Replies: 3
Views: 516

Re: How to put your primary residence in your living trust?

Carefreeapp .....did using a quitclaim render your owners title insurance coverage inapplicable in the event a title defect is discovered in the owners policy that was presumably issued in your name and not in the name of your trust? Did you consult with the title company or obtain an endorsement?
by J295
Fri Jun 16, 2017 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Direct CD vs. Brokered CD
Replies: 18
Views: 1475

Re: Direct CD vs. Brokered CD

I found buying a 5 year CD ladder at Fido easy (just one click and done). In our allocation this investment doesn't really move the needle so I don't concern myself with the rate differentials there vs. banks, or what to do with the interest.
by J295
Fri Jun 16, 2017 7:37 pm
Forum: Personal Consumer Issues
Topic: Who mixes android and iOS
Replies: 24
Views: 1004

Re: Who mixes android and iOS

mixed here. works fine.
by J295
Thu Jun 15, 2017 9:01 am
Forum: Personal Finance (Not Investing)
Topic: How many of you have rentals (i.e. you're a landlord)? Are they worth it?
Replies: 74
Views: 5056

Re: How many of you have rentals (i.e. you're a landlord)? Are they worth it?

You need to be a sturdy person and handle the speed bumps .... I don't care to own real estate and never have, even though during my high earning years it would have been great to have the depreciation deductions. It's not so much financial, as it is not wanting the landlord hassles. I'd like to own...
by J295
Thu Jun 15, 2017 8:42 am
Forum: Personal Consumer Issues
Topic: scary phone calls [phone scams]
Replies: 35
Views: 3224

Re: scary phone calls

I just block them on my cell and don't give it another thought.
by J295
Wed Jun 14, 2017 10:45 pm
Forum: Personal Consumer Issues
Topic: Does anyone read the Wall Street Journal?
Replies: 56
Views: 4784

Re: Does anyone read the Wall Street Journal?

Read it daily
by J295
Tue Jun 13, 2017 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank - Is this a safe/best place to stash some cash?
Replies: 108
Views: 17073

Re: Ally Bank - Is this a safe/best place to stash some cash?

rgs92 » Tue Jun 13, 2017 10:07 am I use FFRHX (Fidelity Floating Rate High Income) instead of CDs. Less hassle. Not too interest rate sensitive like bonds. (By the way, if someone knows a good ETF version of this kind of fund, maybe with lower expenses, I'm all ears. Thanks in advance.) We have own...
by J295
Tue Jun 13, 2017 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Trust Fund Hell
Replies: 66
Views: 7693

Re: Trust Fund Hell

I suspect that the terms of the trust agreement terms and state law willmanswer your question about whether in kind distribution is permitted. I suggest the beneficiary take the trust agreement and prior 1041s/K-1s and other pertinent information to her accountant for assistance in next steps. I sug...
by J295
Mon Jun 12, 2017 8:36 am
Forum: Investing - Help with Personal Investments
Topic: Pay Mortgage vs. Buy Bonds
Replies: 61
Views: 4798

Re: Pay Mortgage vs. Buy Bonds

Recent thread with substantial number of posts on issue of maintaining mortgage with a 100% stock portfolio ..... should be an easy search to find if OP wants to read those perspectives ..... I'm not looking to rehash that thread, but will tell OP that we don't care for debt (personal preference) an...
by J295
Sat Jun 10, 2017 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Changing State Residences for ACA Coverage
Replies: 15
Views: 1317

Re: Changing State Residences for ACA Coverage

Thx Spirit Rider.....
by J295
Sat Jun 10, 2017 10:32 am
Forum: Personal Finance (Not Investing)
Topic: (Very) Early Retirement vs Parenthood
Replies: 74
Views: 4211

Re: (Very) Early Retirement vs Parenthood

Hi Meg. We have three grown children and retired early. Loved every moment of being a parent, and continue to love it. At the same time we support anyone who chooses to not have or can not have children. We never looked at life or this decision as a project to be optimized. However if your question ...
by J295
Thu Jun 08, 2017 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Buy car in cash ... or invest / lease
Replies: 26
Views: 2253

Re: Buy car in cash ... or invest / lease

Hogan773 has good advice ..... we purchased the last day of the month (as dealers get incentives from manufacturer based on volume, so are generally more motivated at the end of the month/quarter) ... started two days earlier with 10 dealers via internet only (no in person no telephone conversations...
by J295
Tue Jun 06, 2017 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: Buy car in cash ... or invest / lease
Replies: 26
Views: 2253

Re: Buy car in cash ... or invest / lease

We don't care for debt so always paid cash for cars and drive a long time.
by J295
Mon Jun 05, 2017 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Changing State Residences for ACA Coverage
Replies: 15
Views: 1317

Re: Changing State Residences for ACA Coverage

by curmudgeon » Mon Jun 05, 2017 3:18 pm I suspect this would follow somewhat along with the state income tax rules, but with some other details for consideration......I'm of the mindset that I only make plans relative to ACA at most a year in advance; so I wouldn't make a move that I would be sorr...
by J295
Mon Jun 05, 2017 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Changing State Residences for ACA Coverage
Replies: 15
Views: 1317

Re: Changing State Residences for ACA Coverage

dm200 » Mon Jun 05, 2017 2:21 pm

Is it true that there are (or will be) areas where there are no exchange plans available?


yes, that is true (and I believe there are some areas now with no exchange plans ....
by J295
Mon Jun 05, 2017 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Changing State Residences for ACA Coverage
Replies: 15
Views: 1317

Changing State Residences for ACA Coverage

Just musing about options for my spouse and I in 2018 in the event our state has no ACA Exchange insurance available (the last remaining insurance company may drop out). Not looking for any discussions about politics or future legislation. One alternative for us would be to move to a state with ACA ...
by J295
Mon Jun 05, 2017 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse returning to work. How to keep low stress lifestyle?
Replies: 47
Views: 4577

Re: Spouse returning to work. How to keep low stress lifestyle?

OP ... You said he wants to work, and so I wish you/him well with that search. Having raised three kids with one working outside the home and the other SAH, I can tell you that there is plenty of parenting that still goes on once the kids get into school, and all the way through high school. Sure, i...
by J295
Mon Jun 05, 2017 11:10 am
Forum: Personal Consumer Issues
Topic: Estimated Expense while Selling home
Replies: 7
Views: 503

Re: Estimated Expense while Selling home

Have your real estate agent (if using one) or the proposed title company run an estimated closing statement.
by J295
Mon Jun 05, 2017 11:06 am
Forum: Personal Consumer Issues
Topic: Pimp my DW's ride.
Replies: 96
Views: 6046

Re: Pimp my DW's ride.

Just gotta say ... that is one cool looking RR .... have fun!!!
by J295
Mon Jun 05, 2017 10:46 am
Forum: Personal Consumer Issues
Topic: Worth it to buy expensive clothes?
Replies: 90
Views: 7719

Re: Worth it to buy expensive clothes?

I understand the "complete overhaul" mentality ... just get it done mindset. However, if I were you I'd consider easing in with the purchases .... not due to the $$, but instead to make sure you get what you like/feels and fits well ..... sort of like a "test drive" in purchasing...
by J295
Sun Jun 04, 2017 9:09 am
Forum: Investing - Theory, News & General
Topic: Everything keeps going up, this feels too easy?
Replies: 113
Views: 8633

Re: Everything keeps going up, this feels too easy?

Lots of comments are that it "feels like XXX ...". or I'm "feeling YYY ...." I don't find "feelings" helpful in making investment decisions. Feelings like fear and greed are not our friends in investing. A well thought out IPS that fits your particular financial situati...
by J295
Sat Jun 03, 2017 9:55 am
Forum: Personal Consumer Issues
Topic: September vaca in Granby then Breckenridge Col.?
Replies: 6
Views: 603

Re: September vaca in Granby then Breckenridge Col.?

You might consider Frisco over Breckenridge if you'd prefer more of a local and less touristy feel. We have spend some time in Frisco and prefer it over Breckenridge. If you like to bike ride, there is a nice trail between Breckenridge and Frisco. Also, some good hiking trails in Frisco and good loc...
by J295
Sat Jun 03, 2017 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Taxable Stocks as Emergency Fund Tier 2
Replies: 4
Views: 398

Re: Taxable Stocks as Emergency Fund Tier 2

Absent something unique about your situation, it would seem a Tier 2 emergency fund isn't necessary.

Although you didn't ask ..... you may consider something earning more interest than a money market fund, like one of the many higher yielding savings accounts (most around 1%) and/or CDs, ibonds, etc.
by J295
Sat Jun 03, 2017 7:15 am
Forum: Investing - Help with Personal Investments
Topic: Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?
Replies: 44
Views: 2359

Re: Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?

A couple of things in your post caught my attention .... you are "nearly" at the trigger ... since you aren't at the trigger but still want to adjust it tells me you either don't have an IPS or choose not to follow the one you have with the trigger you mention ..... you mention interest ra...
by J295
Fri Jun 02, 2017 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?
Replies: 52
Views: 5049

Re: Avoiding the Hassle Factor - Vanguard, Schwab, or Fidelity?

Have accounts at VG and Fido. Fido for 35 years, including our "checking/bill paying account" Fido is, in our experience, very easy to use. Easy to reach by phone 24/7 (understand from prior post that's not true for employer 401k, which seems reasonable that they would not be 24/7, and tha...
by J295
Fri Jun 02, 2017 6:45 am
Forum: Investing - Help with Personal Investments
Topic: Objectively assess my situation
Replies: 20
Views: 1470

Re: Objectively assess my situation

OP .... you are in fine shape and should not worry about your situation which is solid and quite reasonable for someone in your position. If for whatever reason you don't value home ownership, then sell and rent (which of course is expensive in HCOL area, but that's life). It's ok to not value home ...
by J295
Fri Jun 02, 2017 6:38 am
Forum: Investing - Help with Personal Investments
Topic: Timing the market? :Bonds in rising interest rate environment
Replies: 22
Views: 2101

Re: Timing the market? :Bonds in rising interest rate environment

We don't time our bond portfolio allocations any more than we time our equity portion. Is the bond market so much easier to predict than the stock market? How have the bond market prognosticators done the past 8 years?
by J295
Fri Jun 02, 2017 6:32 am
Forum: Investing - Theory, News & General
Topic: How do you fight the urge to micromanage?
Replies: 57
Views: 4164

Re: How do you fight the urge to micromanage?

Strongly consider adopting an IPS if you don't already have one and commit to following it.
by J295
Fri Jun 02, 2017 6:29 am
Forum: Investing - Theory, News & General
Topic: What do you hold while waiting for a good CD?
Replies: 20
Views: 1750

Re: What do you hold while waiting for a good CD?

The CD portion of our portfolio is modest, and for us isn't really intend to squeeze out more portfolio growth/income as it is to maintain our IPS driven low risk "non-equity" portion of the portfolio. Having said that, we keep this portion simple with a 5 year CD ladder (at Fidelity you s...
by J295
Fri Jun 02, 2017 6:22 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity 3 months CDs
Replies: 2
Views: 469

Re: Fidelity 3 months CDs

As indicated, the 1% is the annual rate. So, to be clear for OP, if you deposit $10,000 for 3 months you will get $25 of interest.

3/12 X $10,000 X .01
by J295
Wed May 31, 2017 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Stick out miserable job for health insurance in retirement?
Replies: 57
Views: 7747

Re: Stick out miserable job for health insurance in retirement?

OP -- I don't recall your details, but your health/lack of sleep/anxiety sound very rough..... I guess you have decided it is your "best option/worth it"?

Best of luck.
by J295
Wed May 31, 2017 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Senility: How do you plan on protecting your money when you lose your mental capacities?
Replies: 72
Views: 5804

Re: Senility and Seductresses: How do you plan on protecting your money when you lose your mental capacities?

My spouse/children will handle, and assets can be managed through a revocable trust (or by POA) while I am alive. They know my intentions and are all very trustworthy and capable. FYI, I'm 57 and I've already had conversations with my very lucid parents along these lines ---- Q to Parents: I'm your ...
by J295
Wed May 31, 2017 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Lowering life insurance coverage as I get older
Replies: 17
Views: 1010

Re: Lowering life insurance coverage as I get older

Well, you asked what others have done ..... We dropped my wife's term coverage a few years ago because kids were all grown and independent (and she was SAHM and we had coverage because if she died I was going to adjust my work so I could become a SAHD). We "retired" at 53 and are FI, yet I...
by J295
Wed May 31, 2017 8:52 am
Forum: Investing - Help with Personal Investments
Topic: Predicted 4% return over next decade. What do you do now?
Replies: 71
Views: 6619

Re: Predicted 4% return over next decade. What do you do now?

Not doing anything different. With all respect to Mr. B, his is just one of many predictions, on one of many factors that may or may not effect me/my family over the next 30 years.
by J295
Wed May 31, 2017 8:50 am
Forum: Personal Consumer Issues
Topic: Is it worth it spending money to keep your house looking sharp?
Replies: 54
Views: 7026

Re: Is it worth it spending money to keep your house looking sharp?

Generally, I would say yes spend the money. There are costs to owning and maintaining a home, that's just part of the deal. 1. You will be able to enjoy it more while you are living there. 2. Good maintenance will help prevent more costly problems down the road (i.e. caulk as necessary to avoid conc...
by J295
Mon May 29, 2017 12:19 pm
Forum: Investing - Theory, News & General
Topic: DON'T pay off your mortgage; instead reduce Sequence of Return Risk
Replies: 206
Views: 15337

Re: DON'T pay off your mortgage; instead reduce Sequence of Return Risk

freebeer » Mon May 29, 2017 11:12 am Artisan wrote: ... The huge psychological benefit of paying off a mortgage cannot be quantified. Well, OP and its linked article is about theoretical aspects of minimizing sequence of return risk not the evergreen general question. But I wouldn't say paying off ...
by J295
Mon May 29, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Not Another Payoff The Mortgage Thread....
Replies: 38
Views: 4011

Re: Not Another Payoff The Mortgage Thread....

According to Reuters 2012 John Bogle interview .... Q: How about investments in other areas of your life, like real estate? A: My wife and I downsized our home in Bryn Mawr, Pennsylvania, as we got older. About five years ago we moved into a place that's about a third smaller and with much less prop...
by J295
Mon May 29, 2017 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Not Another Payoff The Mortgage Thread....
Replies: 38
Views: 4011

Re: Not Another Payoff The Mortgage Thread....

We don't care for debt so we paid down our mortgage> For us in our situation and with our lifestyle eliminating this obligation was the right choice. Could we have made a few percentage points more by investing the $$ rather than paying down debt? Maybe ... but maybe not ....
by J295
Sun May 28, 2017 10:39 pm
Forum: Investing - Theory, News & General
Topic: DON'T pay off your mortgage; instead reduce Sequence of Return Risk
Replies: 206
Views: 15337

Re: DON'T pay off your mortgage; instead reduce Sequence of Return Risk

KlangFool » Sun May 28, 2017 9:13 pm J295 wrote: Not our cup of tea. Eliminating mortgage early and having no debt worked out fine for our retirement at 53. Would be curious how the group might see this in a more stressful environment (anyone recall steep housing price and equity market declines in...

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