Search found 3794 matches

by Kenkat
Thu Dec 14, 2017 10:03 pm
Forum: Personal Finance (Not Investing)
Topic: What are your favorite tax deductions and credits for 2017?
Replies: 33
Views: 1748

Re: What are your favorite tax deductions and credits for 2017?

American Opportunity Tax Credit (AOTC) x 2.

The downside of course is two kids in college...
by Kenkat
Wed Dec 13, 2017 7:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard - federal money market fund broke the buck?
Replies: 9
Views: 1452

Re: Vanguard - federal money market fund broke the buck?

For want of $0.0001, a kingdom was lost. Or rounding error, but the first one sounds more dramatic.
by Kenkat
Wed Dec 13, 2017 7:19 pm
Forum: Personal Consumer Issues
Topic: Who is Right Me or Spouse
Replies: 51
Views: 2816

Re: Who is Right Me or Spouse

Everyone gets the same amount, married or not, in both my wife’s and my family. So I am with your wife on this one. If it begins to get too expensive, just cut the individual amounts. At some point, when your grandchildren get jobs, cars, houses, the amount will not be important.
by Kenkat
Wed Dec 13, 2017 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Putting a stop payment on credit card for broken TV
Replies: 11
Views: 638

Re: Putting a stop payment on credit card for broken TV

Before doing a charge back, you are supposed to contact the original seller and try to resolve the issue. It sounds like the seller is willing to resolve the issue, so I think you should give it the two weeks. You have 60 days from the statement date on which the transaction first appeared to disput...
by Kenkat
Wed Dec 13, 2017 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Sinking fund for dream cars
Replies: 23
Views: 1534

Re: Sinking fund for dream cars

It will be the Google-Tesla-GM Air Cruiser GT by the time we get to 2034
by Kenkat
Wed Dec 13, 2017 12:50 pm
Forum: Investing - Theory, News & General
Topic: Vanguard will use blockchain to share index data
Replies: 29
Views: 2697

Re: Vanguard will use blockchain to share index data

This sounds like a trial run for Vanguard to get real-world experience at using blockchain technology in an application that is not one of their most sensitive. Large organizations need to build up experience and knowledge with technologies before they will feel ready to deploy them at massive scal...
by Kenkat
Mon Dec 11, 2017 10:00 am
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 101
Views: 8709

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

Great question. Here are three principles that have made my life significantly better: 1. Minimalism . I live in a 1300-sqft house with my husband, two small children, and two cats. Our home feels spacious, we have plenty of unused closet space, and visitors constantly remark on how calm and neat o...
by Kenkat
Sun Dec 10, 2017 7:37 pm
Forum: Investing - Theory, News & General
Topic: Buying index funds is just as speculative as buying Bitcoin
Replies: 64
Views: 3865

Re: Buying index funds is just as speculative as buying Bitcoin

It's a currency that's in its infancy. I remember when my kids were mining Bitcoins in mining pools with their gaming computers back 2013 when Bitcoin was between $10-20 USD each. They also mined Litecoins, Feathercoins, Dogecoins and others. That seems like infancy. What has changed since then? I ...
by Kenkat
Sun Dec 10, 2017 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: What are your big-picture ‘rules of life’ —financial or otherwise?
Replies: 101
Views: 8709

Re: What are your big-picture ‘rules of life’ —financial or otherwise?

50% of the game is just showing up. You have to be present if you want to have a chance at anything. If you have a roof over your head, a warm place to sleep, enough food to eat and are safe from violence, you are already better off than many others in this world. Be thankful, most of us have so ver...
by Kenkat
Sun Dec 10, 2017 3:24 pm
Forum: Investing - Theory, News & General
Topic: Buying index funds is just as speculative as buying Bitcoin
Replies: 64
Views: 3865

Re: Buying index funds is just as speculative as buying Bitcoin

Index funds are made up of companies that have assets and generate sales and profits. Bitcoin is a currency and a new one at that. Regardless of your views on Bitcoin, to say they are one and the same is incorrect.
by Kenkat
Sat Dec 09, 2017 1:49 pm
Forum: Personal Consumer Issues
Topic: Paying contractors for incomplete work
Replies: 32
Views: 2354

Re: Paying contractors for incomplete work

Once you pay, you lose all your leverage to have them come back and fix the problem. For a good contractor, it won’t matter as they will come back and make it right regardless. There are a lot of bad contractors out there however.
by Kenkat
Sat Dec 09, 2017 1:00 pm
Forum: Personal Consumer Issues
Topic: Danger of being a helicopter pilot?
Replies: 40
Views: 3698

Re: Danger of being a helicopter pilot?

This is somewhat anecdotal, but my uncle is a helicopter pilot and owns his own helicopter, a Robinson Raven R44. He is also certified on single and two engine propeller airplanes as well as twin engine personal jets (he flew one of these commercially in his younger years and is also certified comme...
by Kenkat
Sat Dec 09, 2017 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Save all this money, what do you splurge on?
Replies: 155
Views: 10612

Re: Save all this money, what do you splurge on?

After 30 years of driving practical sedans, I recently bought a used 2014 Camaro. I also collect coins so will occasionally drop a few bucks there as well.
by Kenkat
Fri Dec 08, 2017 4:45 pm
Forum: Personal Consumer Issues
Topic: Sweet Gum Balls
Replies: 36
Views: 2444

Re: Sweet Gum Balls

I thought this was a post about candy
by Kenkat
Thu Dec 07, 2017 3:07 pm
Forum: Investing - Theory, News & General
Topic: When Bitcoin blows-up
Replies: 55
Views: 4215

Re: When Bitcoin blows-up

Image

Dogecoin
by Kenkat
Thu Dec 07, 2017 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: At what age your investments start making more money than you?
Replies: 107
Views: 7303

Re: At what age your investments start making more money than you?

It is interesting that you are asking this because it occurred to me just this year that my portfolio outearned me this year for the first time. I am 53.

p.s. assuming the market doesn’t drop severely in the next 3 weeks since I have posted this...
by Kenkat
Wed Dec 06, 2017 10:00 pm
Forum: Personal Consumer Issues
Topic: I received a speeding ticket via mail from IA - should I pay it?
Replies: 72
Views: 4883

Re: I received a speeding ticket via mail from IA - should I pay it?

It’s a driving tax; a money grab by the jurisdiction and the private company that gets a cut of every ticket paid. No incentive there not to issue as many tickets as possible.

You are probably stuck paying but I don’t think these things are a good use of police enforcement power.
by Kenkat
Wed Dec 06, 2017 7:09 pm
Forum: Personal Consumer Issues
Topic: Vegas on a budget
Replies: 49
Views: 3644

Re: Vegas on a budget

3 day trip to Vegas to relax, do we need a rental car? are everything in the walking distance? Completely depends upon where you are staying and what you consider "everything" and "walking distance" to be. I'm not sure why but walking can be deceptive in Vegas. Things look much closer than they are...
by Kenkat
Tue Dec 05, 2017 7:12 pm
Forum: Personal Consumer Issues
Topic: Dad Needs Help Buying Wedding Liquor
Replies: 66
Views: 5903

Re: Dad Needs Help Buying Wedding Liquor

I was employed by a liquor/beer/ wine retail chain until retirement in 2014. I've done these calculations thousands of times. Vodka--Smirnoff Gin-Bombay Rum-Bacardi Bourbon-Jack Daniel Black Scotch-Johnny Walker Red Whiskey- Don't need this Dry Vermouth- Martini & Rossi Sweet Vermouth-Martini & Ros...
by Kenkat
Mon Dec 04, 2017 10:27 am
Forum: Personal Consumer Issues
Topic: After financial independence, do you lose motivation for work?
Replies: 156
Views: 11167

Re: After financial independence, do you lose motivation for work?

Howdy I was FI many years before I retired. I never lost any motivation for working, as the work was challenging and fulfilling. However, my threshold for tolerating corporate and colleague BS steadily declined, to about zero at age 45 and was very negative by retirement. I was not actively resista...
by Kenkat
Thu Nov 30, 2017 9:56 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10350

Re: Price of haircut?

$13 plus $2-3 tip. Old school barber shop.
by Kenkat
Thu Nov 30, 2017 7:25 pm
Forum: Personal Consumer Issues
Topic: How Do You Stay Current With Music?
Replies: 111
Views: 5162

Re: How Do You Stay Current With Popular Music?

If you think there is no good music since the [fill in the blank here - 60’s, 70’s, 80’s, etc.], you really owe it to yourself to try a little harder as there is GREAT new music always being released. You probably won’t hear it on the local top pop, oldies, or album rock stations, but it is out ther...
by Kenkat
Wed Nov 29, 2017 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Volunteer to be laid off? [OP Update]
Replies: 38
Views: 3584

Re: Volunteer to be laid off? [OP Update]

Congratulations, this is the dream scenario for many who are nearing retirement.
by Kenkat
Tue Nov 28, 2017 11:00 am
Forum: Personal Consumer Issues
Topic: How Do You Stay Current With Music?
Replies: 111
Views: 5162

Re: How Do You Stay Current With Popular Music?

iTunes Store top singles
Freegal music site through my local library website
Radio
My kids
YouTube Music Video uploads
by Kenkat
Mon Nov 27, 2017 9:27 am
Forum: Personal Consumer Issues
Topic: iPad - Best Bang for your Buck
Replies: 12
Views: 986

Re: iPad - Best Bang for your Buck

I would go with the 2017 iPad 32GB Wifi model for kids. They have been available for $249-269 on sale recently.
by Kenkat
Sun Nov 26, 2017 8:53 pm
Forum: Personal Consumer Issues
Topic: best cordless drill??
Replies: 71
Views: 4304

Re: best cordless drill??

If its for odd jobs around the house then go for a corded drill. In a cordless drill, the battery will be dead when you need it. This is not true with the new Lithium Ion batteries. They do not lose a charge over time like the old NiCd or NiMh batteries used to. Really? So I can pull it out after 2...
by Kenkat
Sun Nov 26, 2017 6:03 pm
Forum: Investing - Theory, News & General
Topic: Bonds Are Riskier Than People Think
Replies: 137
Views: 11993

Re: Bonds Are Riskier Than People Think

If you look at the Barclays Aggregate Bond Index (which Vanguard Total Bond Index is based on), it has only had 3 down years since 1976 - 1994 at -2.92%, 1999 at -0.82%, and 2012 at -2.02%. So bonds seem relatively stable to me.
by Kenkat
Sun Nov 26, 2017 11:12 am
Forum: Investing - Theory, News & General
Topic: What did you do right?
Replies: 96
Views: 9415

Re: What did you do right?

I started saving money at with my first job at age 16. When I had access to a 401(k) with my first “real” job, I participate and started investing any extra money I had. The 401(k) was with Vanguard so I got on the right low cost track early on. I married a like minded girl 27 years ago and we stuck...
by Kenkat
Sun Nov 26, 2017 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 138
Views: 10718

Re: Didn't buy Bitcoin at $4600

If it makes you feel any better, I didn’t buy Bitcoin at $10 (I was aware of it as a “thing” at that price). I also didn’t buy Amazon or Google at IPO either, nor did I buy Dell or any number of other home runs. It always seems clear in retrospect, but it’s not when you are in that moment. I seriou...
by Kenkat
Sun Nov 26, 2017 1:22 am
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 138
Views: 10718

Re: Didn't buy Bitcoin at $4600

If it makes you feel any better, I didn’t buy Bitcoin at $10 (I was aware of it as a “thing” at that price). I also didn’t buy Amazon or Google at IPO either, nor did I buy Dell or any number of other home runs. It always seems clear in retrospect, but it’s not when you are in that moment.
by Kenkat
Sat Nov 25, 2017 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: bitcoin mining profits tax treatment?
Replies: 6
Views: 785

Re: bitcoin mining profits tax treatment?

Bitcoins are considered property, not currency according to the IRS. That means you would pay capital gains on the difference between the purchase price (which is probably zero for mined coins) and the sales price.
by Kenkat
Sat Nov 25, 2017 12:14 pm
Forum: Personal Consumer Issues
Topic: Should I keep the new iPad I bought or return it?
Replies: 51
Views: 3660

Re: Should I keep the new iPad I bought or return it?

I bought a new iPad yesterday at Target on sale for $249.00 and now I can't decide if I really need it or if it will just become another device I won't use after a few months. I have a MacBook and an iPhone 5S which I use both all day and evening. I've never owned one before and have lived without ...
by Kenkat
Sat Nov 25, 2017 8:57 am
Forum: Personal Consumer Issues
Topic: Should I keep the new iPad I bought or return it?
Replies: 51
Views: 3660

Re: Should I keep the new iPad I bought or return it?

I use my iPad constantly. I am using it right now - it is my primary device at home; I only use our Windows PC for Quicken, the occasional Word or Excel use or if I need to print something.
by Kenkat
Fri Nov 24, 2017 6:52 pm
Forum: Personal Consumer Issues
Topic: Car on last legs - need advice on transferring tag ...
Replies: 20
Views: 1009

Re: Car on last legs - need advice on transferring tag ...

In Ohio, you can get a temporary tag from the dealer that is good for 45 days. I think it is $7.50. The idea is to give you time to get the tags transferred or to get permament plates. You might see what type of arrangement is possible in your state.
by Kenkat
Fri Nov 24, 2017 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Software and handling of Schedule D
Replies: 15
Views: 1285

Re: Tax Software and handling of Schedule D

I don’t understand why you would want to enter “various” for the sold date. Do you have a lot of different sell dates for the same security in the same year?
by Kenkat
Fri Nov 24, 2017 12:32 pm
Forum: Personal Consumer Issues
Topic: Target Pre-pay phones on Thanksgiving in store issues
Replies: 13
Views: 1276

Re: Target Pre-pay phones on Thanksgiving in store issues

I have found that you can frequently get these Black Friday deals by ordering online instead of going into the store. Sometimes they are even available a few days beforehand.
by Kenkat
Fri Nov 24, 2017 10:59 am
Forum: Personal Consumer Issues
Topic: Any BLACK FRIDAY deals for Bogleheads?
Replies: 51
Views: 6908

Re: Any BLACK FRIDAY deals for Bogleheads?

Samsung Galaxy S8 (Verizon) at $350 off at Best Buy for my younger son. Got it on a Black Friday presale last week online actually.
by Kenkat
Fri Nov 24, 2017 9:18 am
Forum: Personal Consumer Issues
Topic: CAR: Buy new, buy used (2016), lease new
Replies: 56
Views: 2859

Re: CAR: Buy new, buy used (2016), lease new

Here is my OPINION. Hondas hold their value very well. So, a late model used one will cost almost as much as a new one. Leasing will be more expensive than buying and keeping a longer time. Accordingly, for your situation, I would recommend buying a new one. I agree with this. If you are planning o...
by Kenkat
Thu Nov 23, 2017 12:05 pm
Forum: Personal Consumer Issues
Topic: best cordless drill??
Replies: 71
Views: 4304

Re: best cordless drill??

I have one of these and it’s been great:

https://www.lowes.com/pd/DEWALT-20-Volt ... dComboKits

Dewalt 20v Cordless Drill.
by Kenkat
Thu Nov 23, 2017 12:02 pm
Forum: Personal Consumer Issues
Topic: best cordless drill??
Replies: 71
Views: 4304

Re: best cordless drill??

unclescrooge wrote:
Thu Nov 23, 2017 11:06 am
If its for odd jobs around the house then go for a corded drill.

In a cordless drill, the battery will be dead when you need it.
This is not true with the new Lithium Ion batteries. They do not lose a charge over time like the old NiCd or NiMh batteries used to.
by Kenkat
Wed Nov 22, 2017 7:30 pm
Forum: Personal Consumer Issues
Topic: Help:w holiday gift: Tv or cheap laptop to watch movies with these requirements
Replies: 14
Views: 678

Re: Help:w holiday gift: Tv or cheap laptop to watch movies with these requirements

2017 iPad -$269 Black Friday pricing at Best Buy. It has apps for all the major streaming services. Millennials don’t use TVs anymore lol.
by Kenkat
Wed Nov 22, 2017 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Job interviewing - "do you have any other interviews or leads?"
Replies: 35
Views: 4186

Re: Job interviewing - "do you have any other interviews or leads?"

“I do, but I am very interested in this particular position, so if you feel I am a good fit, I will be sure to keep in close touch with you before I make any decisions”. This tells them that you are not going to wait forever for them, but at the same time you value the opportunity and are willing to...
by Kenkat
Wed Nov 22, 2017 5:56 pm
Forum: Personal Consumer Issues
Topic: Tire size, and wheels for snow tires
Replies: 9
Views: 552

Re: Tire size, and wheels for snow tires

Tirerack actually recommends a 15 inch tire and wheel package for winter tires: Michelin X-Ice Xi3 Studless Ice & Snow Size: 195/65R15 As mentioned above, the outside diameter is the same so no impact on your speedometer. You would need to buy 15 inch wheels (rims) - 15 inches refers to the inner di...
by Kenkat
Wed Nov 22, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Limited Pay Life Insurance
Replies: 9
Views: 515

Re: Limited Pay Life Insurance

If their intention is to pass the money down to you and your wife, I am not sure why they didn’t buy a second to die policy. With the current policy, if your father in law passes away before your mother in law, the money will go to her and the fact that you are secondary beneficiaries will be meanin...
by Kenkat
Wed Nov 22, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Interesting ride so far - Crypto-curriencies
Replies: 86
Views: 5650

Re: Interesting ride so far - Crypto-curriencies

My older son started experimenting with mining Bitcoin with his gaming PC when it was $10. That was up substantially from under one dollar just a few months before. Do I wish I had dumped real money into at that price? Yes. BUT - it was very unclear at that time that things would unfold as they have...
by Kenkat
Mon Nov 20, 2017 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Discover Card Change in Terms
Replies: 28
Views: 2958

Re: Discover Card Change in Terms

What changed?
by Kenkat
Mon Nov 20, 2017 7:31 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle, the world's richest man
Replies: 25
Views: 5108

Re: Jack Bogle, the word's richest man

How many people in the history of the world gave up billions to help others? I can think of only one. Nice thought, but not even remotely close. Bill Gates donated $4.6 Billion in a single month (June 2017) to combat malaria. This is part of a decades-long history of philanthropy. The foundation th...
by Kenkat
Sun Nov 19, 2017 2:00 pm
Forum: Personal Consumer Issues
Topic: Are expensive tires worth it?
Replies: 42
Views: 2625

Re: Are expensive tires worth it?

I don’t know if the brand matters - but the model does. Some mid to high level tried will have improved traction. Also maybe quieter ride. Never buy the cheapest ones. If you’re spending $$ on tires , with a Highlander ($35k and low 20’s mpg?) the cost differential for some better tires is not larg...
by Kenkat
Sun Nov 19, 2017 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Why doesn't my 401k statement match the value for the fund?
Replies: 2
Views: 366

Re: Why doesn't my 401k statement match the value for the fund?

John Hancock collects all of the money in and money out of each fund each day and then makes a single net transaction to the fund each day. They also deduct plan expenses from the unit value / fund price each day as well as add dividends or capital gains paid to the fund, which causes the unit value...
by Kenkat
Sat Nov 18, 2017 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Smoothing out a Property Tax bill
Replies: 13
Views: 813

Re: Smoothing out a Property Tax bill

My county offers a pre-payment program where they send 5 payment coupons each for 1/6 of the amount due; I pay those monthly like a bill and then the final payment is made when the property tax bill is due. You might see if that is an option where you live.