Search found 347 matches

by JBTX
Sun Aug 20, 2017 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: Where to park emergency fund to beat inflation?
Replies: 17
Views: 1235

Re: Where to park emergency fund to beat inflation?

Unless inflation goes sky high the small loss to inflation by using in a high yield savings account is peanuts compared to the big picture of the future needs for this money, not going into debt for school, and future earnings. You could put it in ibonds which will guarantee keeping up with inflati...
by JBTX
Sun Aug 20, 2017 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Where to park emergency fund to beat inflation?
Replies: 17
Views: 1235

Re: Where to park emergency fund to beat inflation?

You can look into ibonds at treasurydirect.gov. They keep pace with inflation and if you use the money for college they interest is tax free. The downside is you have to leave the money in for a year before you take it out. Also some have said the site is a bit of a pain to deal with. https://www.tr...
by JBTX
Sun Aug 20, 2017 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Dollar cost averaging on withdrawals?
Replies: 10
Views: 808

Re: Dollar cost averaging on withdrawals?

I guess it depends on what you are trying to accomplish. A Maximize returns? B Balance the variability / distribution of outcomes but still take some risk C Minimize the risk of losing money from its current value D Optimize returns given your risk tolerance and investing time frame. If you want to ...
by JBTX
Sun Aug 20, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Good time to invest in gold?
Replies: 15
Views: 971

Re: Good time to invest in gold?

Warren buffet on gold: https://www.google.com/amp/s/www.fool.com/amp/investing/general/2015/09/19/gold-silver-and-warren-buffetts-warning.aspx Today the world's gold stock is about 170,000 metric tons. If all of this gold were melded together, it would form a cube of about 68 feet per side. (Picture...
by JBTX
Sat Aug 19, 2017 7:53 pm
Forum: Personal Consumer Issues
Topic: "Structured" Flip Flops, Slides
Replies: 18
Views: 1442

Re: "Structured" Flip Flops, Slides

I usually wear flip flops around the house in the summer. I've known for some time that this isn't the greatest thing for the feet. The problem is that one has to over-grip the bottom of the flip flops to hold them onto the feet. This can cause foot problems over time. The lack of a secured heel (i...
by JBTX
Sat Aug 19, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Any reason to refinance low balance mortgage?
Replies: 13
Views: 805

Re: Any reason to refinance low balance mortgage?

in my experience talking to brokers 50k was the cut off so I think you can refi for 98k without issue. I would look for "no cost" a 10 yr or 15 yr should have a MUCH better rate right now. I would be thinking 3.5% or less maybe as low as 3% for a 10 yr Hm. I know this is extremely local. I see 3.8%...
by JBTX
Sat Aug 19, 2017 1:44 pm
Forum: Personal Consumer Issues
Topic: Lawn Experts Help! How to get rid of this weed?
Replies: 17
Views: 1226

Re: Lawn Experts Help! How to get rid of this weed?

Ok. Just finished spraying the broadleaf weed killer. I have a ton of that weed in the grass. Give it a week and see if it is wilting I will probably go ahead and do the broadleaf with crab grass next week because I do have a little bit of actual crabgrass. I also do preemergents twice a year. It h...
by JBTX
Sat Aug 19, 2017 12:59 pm
Forum: Personal Consumer Issues
Topic: Lawn Experts Help! How to get rid of this weed?
Replies: 17
Views: 1226

Re: Lawn Experts Help! How to get rid of this weed?

granpa wrote:
Sat Aug 19, 2017 12:19 pm
Believe it's purslane. Lots of it in FtWorth area. Supposedly edible and some say they really like it in salads. Google purslane for pics to compare with what you have.
Don't think that is it.
by JBTX
Sat Aug 19, 2017 12:57 pm
Forum: Personal Consumer Issues
Topic: Lawn Experts Help! How to get rid of this weed?
Replies: 17
Views: 1226

Re: Lawn Experts Help! How to get rid of this weed?

Ok. Just finished spraying the broadleaf weed killer. I have a ton of that weed in the grass. Give it a week and see if it is wilting I will probably go ahead and do the broadleaf with crab grass next week because I do have a little bit of actual crabgrass. I also do preemergents twice a year. It he...
by JBTX
Sat Aug 19, 2017 12:11 pm
Forum: Personal Consumer Issues
Topic: Lawn Experts Help! How to get rid of this weed?
Replies: 17
Views: 1226

Re: Lawn Experts Help! How to get rid of this weed?

New home owner here and I have been searching the internet to figure out what weed this is and how to get rid of this. Can anyone tell me what this weed is and what is the best way to get rid of it? I know there is another weed that closes it's leaves when touched and bears purplish round flowers. ...
by JBTX
Sat Aug 19, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Credit card with large cash (or cash-equivalent) sign-up bonus
Replies: 19
Views: 1805

Re: Credit card with large cash (or cash-equivalent) sign-up bonus

I just applied for this one. The application phone call took almost 30 minutes. It was "referred"' so I don't know status. However it isn't uncommon for my applications to get referred. They are usually approved within a day. Any ideas why his referral happens? My credit scores are in the top tier....
by JBTX
Sat Aug 19, 2017 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Any reason to refinance low balance mortgage?
Replies: 13
Views: 805

Re: Any reason to refinance low balance mortgage?

in my experience talking to brokers 50k was the cut off so I think you can refi for 98k without issue. I would look for "no cost" a 10 yr or 15 yr should have a MUCH better rate right now. I would be thinking 3.5% or less maybe as low as 3% for a 10 yr It really comes down to fees. In Tx likely not...
by JBTX
Sat Aug 19, 2017 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Capital One $400 bonus for new checking account
Replies: 105
Views: 13801

Re: Capital One $400 bonus for new checking account

Here is a list of what types of transfers have been reported by end users as qualifying for Direct Deposit: http://www.doctorofcredit.com/knowledge-base/list-methods-banks-count-direct-deposits/#Capital_One_360 What do all those numbers mean? Does that mean a simple bank transfer counts as direct d...
by JBTX
Sat Aug 19, 2017 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Credit card with large cash (or cash-equivalent) sign-up bonus
Replies: 19
Views: 1805

Re: Credit card with large cash (or cash-equivalent) sign-up bonus

Merill+ Visa card. Do a google search for 50k point sign-up bonus (takes a 10 min phone call rather than an online app). You get 50,000 points after spending $3k in 3 months. With the existing 1% rewards, you get 53k points which can be converted into $530 cash, $583 cash if you deposit into a BoA ...
by JBTX
Sat Aug 19, 2017 9:00 am
Forum: Personal Consumer Issues
Topic: Credit card bonus award rules
Replies: 5
Views: 655

Re: Credit card bonus award rules

Thanks for the info. In my case I'll only open one or two cards for rewards in a year. I looked at the link. Wouldn't the amount churning they are talking about really ding your credit? You would think so, but it actually doesn't. I have 13 cards, almost all of which were opened in the last two yea...
by JBTX
Sat Aug 19, 2017 8:55 am
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 123
Views: 6496

Re: Is $9000 too much for a sectional sofa ?

Maybe it's just me but I see similarities between hiring a decorator and hiring an edward jones financial adviser. For that matter, I see similarities between hiring a painter and hiring an Edward Jones financial advisor. I'd say it's more about what you're comfortable doing yourself. Bogleheads-st...
by JBTX
Sat Aug 19, 2017 12:09 am
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 174
Views: 12939

Re: Lost $7000 today in ONE DAY!

whodidntante wrote:
Fri Aug 18, 2017 11:39 pm
abuss368 wrote:
Fri Aug 18, 2017 10:39 pm
As Warren Buffett noted during the financial crisis "things are on sale".
I don't hear him saying that right now.
Apparently GE is not on sale.
by JBTX
Sat Aug 19, 2017 12:04 am
Forum: Personal Consumer Issues
Topic: Decline All Parts of Medicare, Continue Contributing to my HSA?
Replies: 11
Views: 1244

Re: Decline All Parts of Medicare, Continue Contributing to my HSA?

Not a dumb question! 1. HSA isn't subject to RMDs, so contributing to it would be a handy way, in tandem with Roth conversions, to shuffle a portion of my tax-deferred accounts into a vehicle that will allow me to withdraw on my timeline. 2. Family history of Alzheimer's. I want to build my HSA war...
by JBTX
Fri Aug 18, 2017 11:35 pm
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 147
Views: 7438

Re: Is it worth it? [demanding jobs vs time with family]

I have read the OP and several comments and skimmed thru the rest. True story... In 1998 my wife and I were both working high stress jobs, hers more so than mine, but my income was 2x hers. With 2 sons we were spending a ton on nanny, meals out, and other "quality of life" events. She was working 6...
by JBTX
Fri Aug 18, 2017 11:25 pm
Forum: Personal Consumer Issues
Topic: DUI lawyer - need advice
Replies: 85
Views: 6469

Re: DUI lawyer - need advice

Please be careful using acronyms. What seems common to you very often isn't, or may have other, even more common meanings (eg - "my District Court has me up on DUI charges") My dc is up on dui/oui charges for a first offense. A tree was hit with no injury to anyone. No need for the expensive lawyer...
by JBTX
Fri Aug 18, 2017 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off mortgage or taxable account
Replies: 28
Views: 2100

Re: Pay off mortgage or taxable account

Welcome to the forum! We purchased our home 20% down 11 months ago @ 3.625% So we have been discussing our future plan and it came out to 3 choices 1. Pay off mortgage - with $1000/mo, we can pay off in 14 years (saves about $145k interest) or more aggressive to pay off in 10-12 years. = She wins. ...
by JBTX
Fri Aug 18, 2017 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off mortgage or taxable account
Replies: 28
Views: 2100

Re: Pay off mortgage or taxable account

Welcome to the forum! We purchased our home 20% down 11 months ago @ 3.625% So we have been discussing our future plan and it came out to 3 choices 1. Pay off mortgage - with $1000/mo, we can pay off in 14 years (saves about $145k interest) or more aggressive to pay off in 10-12 years. = She wins. ...
by JBTX
Fri Aug 18, 2017 9:51 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3799
Views: 996016

Re: U.S. stocks in freefall

This is the end of the world as we know it. I am liquidating all holdings and converting them to gold coins and putting them under my mattress. I've had enough of this free fall. Keeping it real. You don't need gold. You need canned goods and guns for the coming zombie apocalypse. Or to mix genres,...
by JBTX
Fri Aug 18, 2017 9:47 pm
Forum: Personal Consumer Issues
Topic: Credit card bonus award rules
Replies: 5
Views: 655

Re: Credit card bonus award rules

Thanks for the info. In my case I'll only open one or two cards for rewards in a year.

I looked at the link. Wouldn't the amount churning they are talking about really ding your credit?
by JBTX
Fri Aug 18, 2017 9:37 pm
Forum: Personal Consumer Issues
Topic: Decline All Parts of Medicare, Continue Contributing to my HSA?
Replies: 11
Views: 1244

Re: Decline All Parts of Medicare, Continue Contributing to my HSA?

Just curious why would someone decline mostly government funded Medicare and instead fund an HSA with personal funds?

Sorry if dumb question.
by JBTX
Fri Aug 18, 2017 9:33 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3799
Views: 996016

Re: U.S. stocks in freefall

Uncle Pennybags wrote:
Fri Aug 18, 2017 9:15 pm
This is the end of the world as we know it.
I am liquidating all holdings and converting them to gold coins and putting them under my mattress. I've had enough of this free fall. Keeping it real.
by JBTX
Fri Aug 18, 2017 9:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3799
Views: 996016

Re: U.S. stocks in freefall

A corollary to the "only paper loss" theory is that you have no net worth beyond the cash you have on hand. Since you haven't actually liquidated your shares/house/etc, they are only "on paper". I like dividends, Verizon and REITs, they pay per share. If the stock price stays flat I make 4.5% befor...
by JBTX
Fri Aug 18, 2017 9:09 pm
Forum: Personal Consumer Issues
Topic: Do I have a computer virus?
Replies: 11
Views: 1196

Re: Do I have a computer virus?

This kind of sounds familiar. You can try to google the problem and see what happens. Probably not a virus but something may have been corrupted. Seems like I ended up resetting to factory settings and that didn't fix it so took it to geek squad (it is under warranty) You may be able to do a reset w...
by JBTX
Fri Aug 18, 2017 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 104
Views: 7439

Re: Jobs that pay over $100,000

An actuary, a physicians assistant. The former is much harder than the latter. My offspring is the former, 23, makes about 120K right now. Female I am trying to set him up with is the latter. Both great career paths for the education investment. Unlike many, I would suggest avoiding IT, unless you ...
by JBTX
Fri Aug 18, 2017 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Kitchen Remodel Price/Contractor Dispute
Replies: 33
Views: 3148

Re: Kitchen Remodel Price/Contractor Dispute

My gut reaction is to pay it and move on, but before you do so let him know you aren't happy and going to express your frustration in every ##%%!! Internet forum that you can find. I've have a designer / GC for a major remodel and she has been very upfront on the cost breakout. In a couple of cases ...
by JBTX
Fri Aug 18, 2017 8:00 pm
Forum: Investing - Help with Personal Investments
Topic: Savings vs Down Payment vs Retirement
Replies: 4
Views: 542

Re: Savings vs Down Payment vs Retirement

When you say buy abroad are you contemplating moving out of the country? I would think that could change some of these answers and I'm not an expert in that front. Otherwise max your 401k. Probably have too much income for a Roth but may be able to both do "backdoor Roth" for about $5500 each which ...
by JBTX
Fri Aug 18, 2017 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: How do you know how much your portfolio lost/gain in one day?
Replies: 31
Views: 1383

Re: How do you know how much your portfolio lost/gain in one day?

I use quicken and also use Morningstar. I typically update quicken weekly so usually wouldn't know daily activity although you probably could if you used quicken online. Morningstar you can see daily activity. The pain with Morningstar is you have to manually update share quantity values (I've never...
by JBTX
Fri Aug 18, 2017 7:27 pm
Forum: Personal Consumer Issues
Topic: DUI lawyer - need advice
Replies: 85
Views: 6469

Re: DUI lawyer - need advice

Years ago I sat on jury duty for felony DUI which is 3rd offense. DA seemed very good. Young likeable and polished. The defense guy was some NE scruffy semi obnoxious older guy who had billboards and even appeared on AM RADIO show. Amazingly in a jury pool of a 24 or more they were able to reject en...
by JBTX
Fri Aug 18, 2017 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: Accumulation phase: Roth vs Traditional IRA?
Replies: 13
Views: 1046

Re: Accumulation phase: Roth vs Traditional IRA?

I am looking for some feedback regarding roth vs. traditional IRA accounts. My wife and I are in the accumulation phase of our lives. I have a Roth IRA while my wife currently has a traditional IRA. I am maxing out my 401K and we have an emergency fund. I was reading that Roth IRA's make more sense...
by JBTX
Fri Aug 18, 2017 7:00 pm
Forum: Investing - Help with Personal Investments
Topic: Young Investor - New Job - Help Choosing 401k Portfolio
Replies: 4
Views: 263

Re: Young Investor - New Job - Help Choosing 401k Portfolio

Hello and welcome to the forum. If you want to use a 3 fund portfolio you could consider using the following: Large Cap Index - 48% Small Value Index - 12% Schwab Intl Index Select - 20% Vanguard Total Bond Market - 20% That is an 80/20 with a 20% allocation to International stocks. Your 16% alloca...
by JBTX
Fri Aug 18, 2017 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 174
Views: 12939

Re: Lost $7000 today in ONE DAY!

Hi everyone, I lost $7000 today in one day. My portfolio is below. Ironically, I've just returned from a store where I was arguing with a cashier over 0.50 cents! Got home and saw that the portfolio went down by $7k... :oops: Should I change the allocation if this kind of downswing bothers me? :con...
by JBTX
Fri Aug 18, 2017 5:44 pm
Forum: Personal Consumer Issues
Topic: DUI lawyer - need advice
Replies: 85
Views: 6469

Re: DUI lawyer - need advice

I am a lawyer and occasionally do DUI cases (although not on a "for profit" basis). I don't mean the following as legal advice so much as "meta" legal advice: advice about getting advice. In other words, take it all with a grain of salt, reevaluate based on state law and local norms, etc. Your goal...
by JBTX
Fri Aug 18, 2017 5:40 pm
Forum: Personal Consumer Issues
Topic: DUI lawyer - need advice
Replies: 85
Views: 6469

Re: DUI lawyer - need advice

If the OP's DC holds a pilot certificate, be sure to report the charge to the FAA irrespective of the outcome. Failure to report can result in certificate suspension, whereas a first offense after a proper report is often a non issue. I actually know a case where the failure to report was leading t...
by JBTX
Fri Aug 18, 2017 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: Contributing to tax deferred + Taxability of SS
Replies: 22
Views: 1212

Re: Contributing to tax deferred + Taxability of SS

Another partially unrelated question. I could probably figure this out with online SS Calculators. Does it make a big difference in my ultimate social security payments if I scale back over the next 10-12 years and make 50-60k vs maybe 120k a year or more? Most of my 30 work history has been over th...
by JBTX
Fri Aug 18, 2017 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 104
Views: 7439

Re: Jobs that pay over $100,000

I hope I am placing this in the correct posting. I have a college son undecided about his careeer. Can anyone here tell about their career that pays close to $100,000. I live in South Florida, so you need at least this income to have a decent lifestyle and to support a family. I would like to be ab...
by JBTX
Fri Aug 18, 2017 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking further Roth IRA explanation.
Replies: 17
Views: 960

Re: Seeking further Roth IRA explanation.

Ok bud... here's what you want to do. 1. Open a Vanguard (fidelity or schwab) Roth IRA account. 2. You can either manually or automatically set Vanguard to withdraw $100 from your checking/savings account per week to contribute to your 2017 Roth IRA. 3. The money DOES NOT have to go directly into a...
by JBTX
Fri Aug 18, 2017 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Contributing to tax deferred + Taxability of SS
Replies: 22
Views: 1212

Re: Contributing to tax deferred + Taxability of SS

Thanks a lot I'll give the model a try. As to our situation lots could change, as well as tax code, so it is indeed all hypothetical at this point. For the time being we will probably continue funding wife's traditional 401k with small 10% match on all contributions and for my self employed 401k mos...
by JBTX
Fri Aug 18, 2017 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Contributing to tax deferred + Taxability of SS
Replies: 22
Views: 1212

Re: Contributing to tax deferred + Taxability of SS

As to taxability of social security - I was using this online calculator: https://www.fool.com/retirement/social-security-how-much-benefits-taxed.aspx As stated in an above post, I am estimating I would have first year RMD's of $64,000, in today's dollars, which would put my in the bottom end of th...
by JBTX
Fri Aug 18, 2017 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Contributing to tax deferred + Taxability of SS
Replies: 22
Views: 1212

Re: Contributing to tax deferred + Taxability of SS

Also, while it is typically advantageous to defer retirement to 70 if you can afford and are of average health or better, do the taxability of social security benefits modify that calculus in some instances? Again if your calculations could be correct, and nothing changes in tax law in 16 years (goo...
by JBTX
Fri Aug 18, 2017 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Contributing to tax deferred + Taxability of SS
Replies: 22
Views: 1212

Re: Contributing to tax deferred + Taxability of SS

As to taxability of social security - I was using this online calculator: https://www.fool.com/retirement/social-security-how-much-benefits-taxed.aspx Not sure how that works from a quick glance. Some folks prefer web sites, others prefer spreadsheets, etc. I like to see the calculations and assump...
by JBTX
Fri Aug 18, 2017 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Contributing to tax deferred + Taxability of SS
Replies: 22
Views: 1212

Re: Contributing to tax deferred + Taxability of SS

As to taxability of social security - I was using this online calculator: https://www.fool.com/retirement/social-security-how-much-benefits-taxed.aspx As stated in an above post, I am estimating I would have first year RMD's of $64,000, in today's dollars, which would put my in the bottom end of the...
by JBTX
Fri Aug 18, 2017 1:35 pm
Forum: Investing - Help with Personal Investments
Topic: Active or Indexed for Optimal Risk Management
Replies: 16
Views: 851

Re: Active or Indexed for Optimal Risk Management

I don't know anybody who has said index funds are less risky... ... If you want to protect against downside, the modify your asset allocation to have less equities... This is the key. You adjust the percentage of stocks versus bonds to control risk. You can have a passive portfolio that is far safe...
by JBTX
Fri Aug 18, 2017 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Email today from Quicken CEO...I assume changes are coming...
Replies: 7
Views: 1490

Re: Email today from Quicken CEO...I assume changes are coming...

I thought I saw that email a week or so ago? As far as I know quicken is the only software that does everything I want. I've used it for 20'years. It is clunky and the downloads are often buggy but otherwise it's serves its purpose. If it goes subscription I'll begrudgingly pay it unless it is exhor...