Search found 272 matches

by Momus
Sun Jun 17, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: Young and rich
Replies: 33
Views: 5114

Re: Young and rich

$1M is definitely not rich. But, it's a good amount to have especially when you haven't lift a finger to deserve this money. It's just handed to you. Now, if you say you get 5M inheritance, that's a different story. Move to metro CA, $1M gives you a tiny 2-3 bedroom house. $1M at 4% withdrawal rate,...
by Momus
Mon Jun 04, 2018 4:45 am
Forum: Investing - Help with Personal Investments
Topic: What are you doing with cash?
Replies: 82
Views: 9704

Re: What are you doing with cash?

When you guys use Vanguard Money Market, do you write checks and use this account as a regular bank account? Isn't this a bit more dangerous because the routing/account number is more exposed and mutual fund money market doesn't have a bank protection? Enlighten me.
by Momus
Sun Jun 03, 2018 2:50 am
Forum: Personal Consumer Issues
Topic: Need to replace my Vizio TV..............
Replies: 35
Views: 2516

Re: Need to replace my Vizio TV..............

Get a soundbar... watching TV with its internal speaker is horrible. The sound quality of even a crappy $60-100 soundbar makes you wonder why the hell you haven't done this from day 1. Who cares about TV internal speaker...
by Momus
Sat Jun 02, 2018 2:50 am
Forum: Personal Consumer Issues
Topic: Driving UHaul
Replies: 20
Views: 1990

Re: Driving UHaul

DIY and save $1000 at least. You get a sore back and muscle but well worth it. It's not that hard at all.

A simple suggestion if you aren't confident driving a truck is to make sure you drive/arrive during night time or in the wee hours when the traffic is light.
by Momus
Sat Jun 02, 2018 2:38 am
Forum: Personal Finance (Not Investing)
Topic: Have $2.5M at 30, career advice needed
Replies: 49
Views: 5235

Re: Have $2.5M at 30, career advice needed

Umm... I don't understand the question. Please stay where you are. $550k gross, after tax is 330k -40k tuition -30k property tax $270k left. Max out retirement savings -60k (401k, HSA, ROTH) Leaving you with $210k remaining with little mortgage (400k left). Let's say you use 60k for living expenses....
by Momus
Sun May 20, 2018 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: Newly widowed, how do I invest 1.5 million life ins. proceeds
Replies: 72
Views: 8093

Re: Newly widowed, how do I invest 1.5 million life ins. proceeds

$9000/mo is A LOT. You have no mortgage or rent. Post all your monthly expenses here. Way too much spending. We need to know detailed expenses to see if you can cut some and make your money last.
by Momus
Sat Apr 21, 2018 4:46 pm
Forum: Personal Consumer Issues
Topic: PC laptops
Replies: 94
Views: 5040

Re: PC laptops

Regarding SSD drives, are they modular and removable like magnetic media drives? Whenever I decommission a PC, I pull the hard drive, mount it in a USB enclosure, connect it to another PC and wipe it with Kill Disk, since my entire financial existence is on it. Not being able to do this to an SSD d...
by Momus
Sat Apr 21, 2018 1:36 pm
Forum: Personal Consumer Issues
Topic: PC laptops
Replies: 94
Views: 5040

Re: PC laptops

Whatever you do, get a laptop with an SSD drive. RAM 8GB, and i-5 processor, but doesn't matter much. Regarding SSD drives, are they modular and removable like magnetic media drives? Whenever I decommission a PC, I pull the hard drive, mount it in a USB enclosure, connect it to another PC and wipe ...
by Momus
Thu Apr 19, 2018 6:43 am
Forum: Personal Consumer Issues
Topic: PC laptops
Replies: 94
Views: 5040

Re: PC laptops

Whatever you do, get a laptop with an SSD drive. RAM 8GB, and i-5 processor, but doesn't matter much. Regarding SSD drives, are they modular and removable like magnetic media drives? Whenever I decommission a PC, I pull the hard drive, mount it in a USB enclosure, connect it to another PC and wipe ...
by Momus
Tue Apr 17, 2018 1:56 pm
Forum: Personal Consumer Issues
Topic: PC laptops
Replies: 94
Views: 5040

Re: PC laptops

Whatever you do, get a laptop with an SSD drive. RAM 8GB, and i-5 processor, but doesn't matter much.
by Momus
Sat Apr 14, 2018 3:01 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 12856

Re: How Far is too Far, Commuting?

In 10 yrs, 1-2h commute will be ez with self driving car :D Hope you can wait that long.
by Momus
Thu Apr 12, 2018 2:46 am
Forum: Personal Finance (Not Investing)
Topic: realtor wants to show house to buyer, no listing agent for me
Replies: 55
Views: 5023

Re: realtor wants to show house to buyer, no listing agent for me

To me, you don't sound too interested in selling, so try to rip them off :twisted: add ridiculous price to your house like +150k-200k more than comps and if they bite, sell it, win win... ask them to accept 1.5% commission or buh-bye... They are being aggressive, you can do the same. There is nothin...
by Momus
Wed Apr 04, 2018 1:39 am
Forum: Personal Finance (Not Investing)
Topic: Am I Crazy to Consider Relocating 5 Months after Buying a House?
Replies: 28
Views: 3159

Re: Am I Crazy to Consider Relocating 5 Months after Buying a House?

Rent out your house.
Move out to your new job.
Profit.

Not saying it will keep going up but if the rent more or less cover the mortgage, just rent it out. Anyone who bought in 2009 - mid 2017 already have nice equity increase in their homes/rental.
by Momus
Fri Mar 30, 2018 9:20 am
Forum: Personal Consumer Issues
Topic: New laptop purchase decision
Replies: 36
Views: 3043

Re: New laptop purchase decision

Browse slickdeal for SSD drive laptop, 8GB RAM, i5... <$500 win. Screw Apple rip off laptop. Yes, I'm Apple hater coz they are overpriced pos and don't do nothing to my windows laptop :)

Download Libre office for free word processing.
by Momus
Thu Mar 29, 2018 6:18 am
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 19198

Re: A lot of heavy hitters this morning

A lot of Bogleheads posts are people making 350k+/yr income. It's pretty much every other posts. I should've been in medicine/big law/tech lol... :oops:

The disconnect is real.
by Momus
Tue Mar 27, 2018 1:26 am
Forum: Investing - Help with Personal Investments
Topic: Anything else we should be doing to be ready for retirement or increase wealth?
Replies: 33
Views: 3924

Re: Anything else we should be doing to be ready for retirement or increase wealth?

Restaurants - 420.00
General Merchandise - Amazon, Target, Walmart runs, etc. - $ 500.00
Too much, I spend maybe 1/3-1/4 or less for this 2 categories total.

Telephone - Cell phones - $ 146.00
Prepaid like Cricket or Mint Sim costs about $20-$35/line. Buy your own phone, and don't get ripoff.
by Momus
Sun Mar 18, 2018 3:32 am
Forum: Personal Consumer Issues
Topic: Tires on a 15 year old car....Replace or not?
Replies: 79
Views: 5349

Re: Tires on a 15 year old car....Replace or not?

You can get 4 tires for like $200... save $200 or dead? Your choice.
by Momus
Sun Mar 04, 2018 7:02 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's U.S. Total Stock Market Index fund (VTSAX) and Fidelity's TSM (FSTVX) considered "substantially identical"?
Replies: 24
Views: 2942

Re: Vanguard's U.S. Total Stock Market Index fund (VTSAX) and Fidelity's TSM (FSTVX) considered "substantially identical

If I wanna harvest loss from total stock market (domestic), what funds do I have to buy in Vanguard to replace it immediately?
by Momus
Fri Mar 02, 2018 12:53 am
Forum: Investing - Theory, News & General
Topic: AAPL, AMZN, or GOOG?
Replies: 77
Views: 7606

Re: AAPL, AMZN, or GOOG?

Index is already overweighted in tech... 25% in tech.
by Momus
Fri Mar 02, 2018 12:45 am
Forum: Personal Consumer Issues
Topic: Thinking of getting an Apple Watch
Replies: 82
Views: 8377

Re: Thinking of getting an Apple Watch

Another electronic to charge daily. A piece of unneeded accessory. No thanks.

But keep buying tho, so our apple stock can go to the moon :)
by Momus
Mon Feb 19, 2018 2:28 am
Forum: Investing - Help with Personal Investments
Topic: Late 20's female looking for some advice towards financial independence
Replies: 31
Views: 4125

Re: Late 20's female looking for some advice towards financial independence

Definitely first thing that comes to mind is find a room mate... That will half your housing cost.
by Momus
Sat Feb 17, 2018 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of spending money on appearance in career
Replies: 91
Views: 8530

Re: Effect of spending money on appearance in career

There are so many research good looking people get promoted or rise to leadership position more often than the ugly counterpart... I'd do it if I were you. This is a no brainer move. You need to look presentable, not just women, men too.
by Momus
Fri Feb 16, 2018 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 156
Views: 12241

Re: I'm Cancelling My Home Insurance

Op must have read too much mmm
by Momus
Tue Jan 30, 2018 1:09 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 483
Views: 43104

Re: What frugal thing did you do today?

Skip the soda at In&Out... Skip soda on a lot of fast food joints, and ask for a cup of water XD
by Momus
Tue Jan 30, 2018 1:02 am
Forum: Personal Consumer Issues
Topic: Should I Do My Own Taxes Or Pay A CPA $500?
Replies: 65
Views: 6510

Re: Should I Do My Own Taxes Or Pay A CPA $500?

Thanks for the responses on which Turbotax to get. I'll go for the desktop/download version rather than the online one. Desktop because you can switch to forms back and forth, no hassle. No form mode in Online Version. Desktop because you can pass along the CD to your friends, coworkers, and a lot ...
by Momus
Sat Jan 27, 2018 9:03 pm
Forum: Investing - Theory, News & General
Topic: Wisdom of Bitcoin
Replies: 90
Views: 7522

Re: Wisdom of Bitcoin

There is no scarcity if there is a new crypto just the same if not better than bitcoin every month...

It's like picking the right stock out of 1500 Cryptos at dot.com bubble. 99% is worthless.
by Momus
Sun Jan 21, 2018 2:31 pm
Forum: Personal Consumer Issues
Topic: what is the best mouse poison?
Replies: 45
Views: 3141

Re: what is the best mouse poison?

Use The Better Mousetrap. It's really better than a regular crappy wooden metal trap... Buy 6-12 and set it all at the corners and walls where mice run. Mine never fails to catch them in a day or two.
by Momus
Sun Jan 07, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: newbie help: how to invest a 200k windfall
Replies: 12
Views: 1140

Re: newbie help: how to invest a 200k windfall

How about paying off the mortgage and use the new cash flow to invest? Especially, if you feel we are at the "peak" of the market...
by Momus
Tue Dec 26, 2017 7:35 pm
Forum: Personal Consumer Issues
Topic: What computer should I get?
Replies: 36
Views: 3643

Re: What computer should I get?

Any laptop (with hdmi hookup), or desktop i5, 8GB RAM, and 250GB SSD at least will last you 10 yrs for just office task.... Until Windows 10 become obsolete. Anything more is just gravy.
by Momus
Tue Dec 26, 2017 4:48 am
Forum: Investing - Help with Personal Investments
Topic: $60,000 unrealized loss in '17 that I don't need
Replies: 30
Views: 4078

Re: $60,000 unrealized loss in '17 that I don't need

Maybe I'm missing something here, but I don't see it. Your offsets don't offset unless you realize your gains. Ideally, you harvest your losses but defer your gains. Then use the carryover losses to offset other income and use the tax savings to invest. It's true IMO that this isn't applicable in a...
by Momus
Tue Dec 26, 2017 12:50 am
Forum: Personal Consumer Issues
Topic: Which cell phone to buy--need good camera?
Replies: 32
Views: 2689

Re: Which cell phone to buy--need good camera?

LG G6 $300 on Ebay. Avoid Apple devices over 2 years like a plague like always, their device is sh1t after 2 years because they throttle your phone to crap because they want to "save" battery (read: give them more money so you can buy a new iRipoff). Oh, they just got hit with a lawsuit LMAO... http...
by Momus
Mon Dec 25, 2017 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: Holding cash while researching investment manager
Replies: 51
Views: 2991

Re: Holding cash while researching investment manager

Momus wrote:
Mon Dec 25, 2017 4:31 pm
OP is so about to get ripped off by an investment manager... He should listen to the recommendation NOT to hire an investment manager.
Oh, I just saw that last post by OP. He already got scammed by his investment manager :( Live and learn.
by Momus
Mon Dec 25, 2017 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Holding cash while researching investment manager
Replies: 51
Views: 2991

Re: Holding cash while researching investment manager

OP is so about to get ripped off by an investment manager... He should listen to the recommendation NOT to hire an investment manager.
by Momus
Tue Dec 19, 2017 2:22 am
Forum: Personal Consumer Issues
Topic: How do Bogleheads save on eyeglasses?
Replies: 91
Views: 7085

Re: How do Bogleheads save on eyeglasses?

Online $10-50 each, plenty of websites and choices... All reputable. Don't get rip off buying from the stores paying 10x the amount...
by Momus
Sun Dec 17, 2017 6:41 pm
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 156
Views: 18598

Re: What to do after losing $117k in stock market?

You sound like me back when I blew thousand of dollars to lose it in picking stocks and at the same time, eat bean and rice, ramen noodle, couponing and buy stuff on sale only to cut cost. Image nice apartments, vacations, going out, eating out and lobster/steak everyday you can have with that tradi...
by Momus
Wed Dec 13, 2017 4:08 am
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 156
Views: 18598

Re: What to do after losing $117k in stock market?

Op I did lost some money trading in the past too. I started making way more money than what I had I lost previously when I start indexing. It's way easier to make money thru indexing. Buy and forget it... The sooner you have come to realization you can't gamble your way to win back the money you hav...
by Momus
Sun Dec 10, 2017 5:18 pm
Forum: Personal Consumer Issues
Topic: Save all this money, what do you splurge on?
Replies: 193
Views: 18934

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

For us it is a couple of things 1) High-end spec gaming computers. I just purchased my husband a new one, and I'll get his old one. We keep them around 8 years each, but we spend at least a couple of hours a day during the week and a bit more on the weekend. 2) Cars - we both have late model cars. ...
by Momus
Sun Dec 10, 2017 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall of 1.5 millions
Replies: 10
Views: 2476

Re: Windfall of 1.5 millions

If you live in silicon Valley, $1.5M doesn't go far. Start looking at houses there, maybe you want to stay longer there without paying rent. If you decide to invest it with less risk, 50/50 is appropriate. 1% savings account just doesn't cut it nowadays. You can open up multiple of 250k 5 yrs CD at ...
by Momus
Thu Dec 07, 2017 11:33 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin now the largest quantifiable bubble in history?
Replies: 89
Views: 8056

Re: Bitcoin now the largest quantifiable bubble in history?

I don't believe everyone has it. US has low interest in bitcoin. Check Google trends and type in bitcoin. We are like number 10-15th country that search "bitcoin" in Google. This can go up 4x more once US mom and pop started buying. All the trades are basically FOMO trades. It's gonna be the greates...
by Momus
Wed Dec 06, 2017 12:45 pm
Forum: Investing - Help with Personal Investments
Topic: Want to sell my Bitcoin, but when?
Replies: 90
Views: 9523

Re: Want to sell my Bitcoin, but when?

Sell $7700 worth, get 10% profit. Keep the remaining bitcoin, maybe it will bust to $1000 again and maybe it will soar to infinity... Keep it as an experiment or not... sell it all...

Either way, you get your principal back and get to "play" with it.
by Momus
Mon Dec 04, 2017 12:27 am
Forum: Personal Consumer Issues
Topic: Auto Insurance -Drop Full Coverage?
Replies: 13
Views: 1628

Re: Auto Insurance -Drop Full Coverage?

Yes, liability for $90/6 months means you only get state minimum coverage, what is it nowadays 15k mandatory for bodily injury coverage only in CA? That's like a joke. Hit someone and you will be liable for $100k-300k in bodily injury. Had this happen to my friend, she rear ended someone gently 100k...
by Momus
Sat Dec 02, 2017 11:20 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 7807

Re: How to convince DW that high miles used car is OK

reggiesimpson wrote:
Sat Dec 02, 2017 8:39 pm
I have owned 2 cars whose brake lines failed under 150,000 miles. Its a serious shock to put your foot on the brake and it hits the floor as you keep going! Unless you like the feeling of your stomach moving up your throat its not worth the "thrill".
How to prevent this from happening?
by Momus
Fri Dec 01, 2017 10:56 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 12728

Re: Price of haircut?

0, just look up youtube how to cut your own.
by Momus
Thu Nov 30, 2017 2:20 am
Forum: Personal Consumer Issues
Topic: How Do You Stay Current With Music?
Replies: 111
Views: 6240

Re: How Do You Stay Current With Popular Music?

I download the top 100 billboard every six months, listen to it for the next 6 months, and delete songs I don't like.
by Momus
Sun Nov 26, 2017 10:18 am
Forum: Personal Finance (Not Investing)
Topic: 2 Comma Club and Other Goals Reached!
Replies: 19
Views: 4295

Re: 2 Comma Club and Other Goals Reached!

If you make 400k/yr and don't have 2M at least in portfolio after a while, there is something wrong with you lmao...

I'm sure you will triple that NW easily in the next 15 yrs. Grats on the first milestone.
by Momus
Wed Nov 22, 2017 7:33 am
Forum: Personal Consumer Issues
Topic: FIOS contract up - Price Increase
Replies: 18
Views: 2185

Re: FIOS contract up - Price Increase

A simple name change may not qualify as a "new customer" as the service is being billed to the same address. I'm not talking about changing the name. My wife cancels on 12/15/17. I setup service in my name 12/16/17. This works with me and comcast every 2 years. Only I don't have a wife. My mom live...
by Momus
Wed Nov 22, 2017 2:35 am
Forum: Personal Consumer Issues
Topic: Best Basic DESKTOP?
Replies: 77
Views: 6639

Re: Best Basic DESKTOP?

I've been buying Dell Desktops for years. My last purchase didn't feel as good. I get the impression that Dell isn't what it used to be. Therefore, in preparation for my next Desktop purchase, can you recommend any good companies? I like the idea of getting an Apple because I won't have to worry so...
by Momus
Fri Nov 10, 2017 7:32 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 138
Views: 10988

Re: Thouhgts about wearing a "uniform"/same thing everyday?

I have been doing this for at least 7 yrs. No big deal.
by Momus
Wed Nov 08, 2017 10:25 pm
Forum: Personal Consumer Issues
Topic: Best strategy for selling cell phone on Ebay?
Replies: 33
Views: 2199

Re: Best strategy for selling cell phone on Ebay?

I sell on CL, swappa and ebay. I always get pretty much top dollar unless I want something sold quickly and I give some discount. I have never been scammed on ebay. I'm not a power seller but I have sold over 120 items at eBay, roughly half of them electronics: 50+inch TV/phones/tablets/laptop. Gaz...
by Momus
Wed Nov 08, 2017 4:07 am
Forum: Personal Finance (Not Investing)
Topic: When did you start investing in taxable accounts?
Replies: 23
Views: 3702

Re: When did you start investing in taxable accounts?

A month after college graduation. Made many mistake until I stumble upon indexing.