Search found 691 matches

by MoonOrb
Sun Feb 26, 2017 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage vs student loans
Replies: 32
Views: 1111

Re: Mortgage vs student loans

Why is the obvious answer the 15 year fixed? The obvious answer to me is the 30 year fixed.
by MoonOrb
Sat Feb 25, 2017 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Windfall and Student Loan Pay-off/Pay-down Plan
Replies: 9
Views: 846

Re: Windfall and Student Loan Pay-off/Pay-down Plan

6.55% is a high enough interest rate that this makes a lot of sense. I'd pay these off, too. When I was around your age, we paid off the remainder of our student loans with the proceeds from the sale of our house at the time and I've never regretted it. It doesn't look like it's an issue but I'd pro...
by MoonOrb
Sat Feb 25, 2017 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: Another milestone post
Replies: 29
Views: 1439

Re: Another milestone post

Well done! :sharebeer
I know from your other posts that you're grappling with the tension of possibly enjoying some luxuries or extravagances--you've earned it!
by MoonOrb
Thu Feb 23, 2017 9:45 am
Forum: Investing - Theory, News & General
Topic: Market Run Ups - Now vs. Then
Replies: 76
Views: 4324

Re: Market Run Ups - Now vs. Then

From my point of view things feel about the same to me: this bewilderment I had at the market's continued climb paired with a feeling of "this can't really be sustainable, can it?" The other circumstances were different--I remember the bizarre euphoria about the internet and the housing ma...
by MoonOrb
Wed Feb 22, 2017 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead Millionaire
Replies: 65
Views: 7512

Re: New Boglehead Millionaire

Congrats! :sharebeer
Keep up the great work.
by MoonOrb
Tue Feb 21, 2017 9:11 pm
Forum: Personal Consumer Issues
Topic: Stand Up Desk
Replies: 29
Views: 1495

Re: Stand Up Desk

I don't know the brand of the one I use, but it is motorized. In a previous job I had one with a hand crank. I prefer motorized because I use it every single day. It's excellent. Also, mostly I'm coming in here to say that you have an amazing user name. Brings me back to collecting baseball cards.
by MoonOrb
Tue Feb 21, 2017 12:31 pm
Forum: Investing - Theory, News & General
Topic: Extreme Valuations, and why you should reconsider
Replies: 222
Views: 13298

Re: Extreme Valuations, and why you should reconsider

Talking about this in terms of 'being greedy' is a little frustrating. I think of the approach I've adopted as one that is geared to give me as much of the market's return as I can get. This means I need to be invested in the market during periods when it's making new highs rather than trying to ant...
by MoonOrb
Sat Feb 18, 2017 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking progress to $1M portfolio and no mortgage by 40
Replies: 40
Views: 6730

Re: Tracking progress to $1M portfolio and no mortgage by 40

Good luck! It's nice to have goals. Also you have undertaken this work during a pretty powerful run up in equities so don't get discouraged if in a few years your portfolio hasn't moved much or is even worth less than it is today. Mileposts are nice but sometimes it's also helpful to focus on the pr...
by MoonOrb
Fri Feb 17, 2017 9:22 am
Forum: Personal Finance (Not Investing)
Topic: Progress Made - What Now? (Pay off cheap mtg or invest)
Replies: 22
Views: 2009

Re: Progress Made - What Now? (Pay off cheap mtg or invest)

I'm really tempted to continue to deleverage the rental units. Something goes a little funny in the rental market and this could get ugly very quickly and maybe not turn around in just a couple of months. You could pay off two of them in something like 3.5 years.
by MoonOrb
Tue Feb 14, 2017 9:49 am
Forum: Investing - Theory, News & General
Topic: Planning for Retirement: Why do it the recommended way?
Replies: 26
Views: 2538

Re: Planning for Retirement: Why do it the recommended way?

These are more like rules of thumb than strict things that must be followed. For example, we don't pay down our debt (mortgage and a car payment) because the interest is low and I'd much rather fill up our tax-advantaged space and even do taxable investing. (I'd think differently about this if the i...
by MoonOrb
Tue Feb 14, 2017 9:33 am
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on housing crash
Replies: 60
Views: 3103

Re: BH thoughts on housing crash

I understand their gimmicks, my uncle is a contractor and flips homes without a realtor to save fees. I will have him handle my transactions to save money. With homes at all times high, I do think at some point they will come down. I don't know when but I just was looking for BH feedback on the top...
by MoonOrb
Mon Feb 13, 2017 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Who would quit playing if they already won?
Replies: 106
Views: 10384

Re: Who would quit playing if they already won?

To me this is the great paradox of investing: those who have so much money that they have "won the game" (whatever this means) also have enough money to continue to take on risk in their portfolio; those who haven't won the game must take on a certain amount of risk if they hope to achieve...
by MoonOrb
Sun Feb 12, 2017 6:46 pm
Forum: Personal Consumer Issues
Topic: Costco refill HP color inkjet cartridges?
Replies: 19
Views: 1338

Re: Costco refill HP color inkjet cartridges?

We've been using Costco's service to refill HP inkjet cartridges for our home printers for years and have zero problems. It's a heck of a lot cheaper. Do you refill the same one multiple times? Mine are HP - 950XL 951 Cyan, Magenta and Yellow. I have both the regular and XL for black ink. Perhaps I...
by MoonOrb
Sun Feb 12, 2017 12:38 am
Forum: Personal Consumer Issues
Topic: Costco refill HP color inkjet cartridges?
Replies: 19
Views: 1338

Re: Costco refill HP color inkjet cartridges?

We've been using Costco's service to refill HP inkjet cartridges for our home printers for years and have zero problems. It's a heck of a lot cheaper.
by MoonOrb
Sat Feb 11, 2017 2:22 pm
Forum: Personal Consumer Issues
Topic: iPhone SE 16GB - is memory adequate?
Replies: 44
Views: 1853

Re: iPhone SE 16GB - is memory adequate?

rec7 wrote:I have 8GB on my phone but only plan on using banking apps and talking. Will I be alright?


Yes.
by MoonOrb
Fri Feb 10, 2017 11:18 pm
Forum: Personal Consumer Issues
Topic: iPhone SE 16GB - is memory adequate?
Replies: 44
Views: 1853

Re: iPhone SE 16GB - is memory adequate?

I had 16GB phones for years and it was never a problem for me but just switched this week to the 64GB 5SE. I'd just go ahead and get the phone with the greater memory so she never needs to worry about it.
by MoonOrb
Tue Feb 07, 2017 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: Do you account for likely life expectancy in retirement?
Replies: 63
Views: 4587

Re: Do you account for likely life expectancy in retirement?

Just a thought, but it sounds from this thread (and some others), OP, that you are seeking some sort of permission or validation for changing your lifestyle for the better now that you're in retirement. And, sure, there's a risk to this: how much more enjoyment will you get out of every dollar spent...
by MoonOrb
Wed Feb 01, 2017 10:29 pm
Forum: Personal Consumer Issues
Topic: Looking for advice on a reading device
Replies: 13
Views: 906

Re: Looking for advice on a reading device

For reading books, I can't recommend the Kindle paperwhite highly enough. It's fantastic. Reading books on an iPad is okay for short amounts of time but otherwise hasn't been a great long term solution for me. Magazines and newspapers are much better on tablets than on e-readers IMO. I've always bee...
by MoonOrb
Tue Jan 31, 2017 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Should I pay off my house?
Replies: 23
Views: 2590

Re: Should I pay off my house?

This is a situation where I'd pay it off and not think twice about it.
by MoonOrb
Tue Jan 31, 2017 3:21 pm
Forum: Investing - Theory, News & General
Topic: Are you changing your AA based on current events?
Replies: 68
Views: 3224

Re: Are you changing your AA based on current events?

Not changing it. I'm feeling deeply anxious about the future; nevertheless I'm sticking with the ISP. Either the future will unfold within the realms of some value of 'normal,' in which case I will be glad to have stuck with the ISP, or it will not, in which case my investments will no longer matter...
by MoonOrb
Mon Jan 30, 2017 2:07 pm
Forum: Investing - Theory, News & General
Topic: Stock market optimism
Replies: 38
Views: 3945

Re: Stock market optimism

We can at least probably expect a lot of volatility and every time the markets have down days or down weeks we'll all be wondering "is this the beginning of a downturn?" and at some point it will be.
by MoonOrb
Sun Jan 29, 2017 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: Simplification Needed!
Replies: 10
Views: 1095

Re: Simplification Needed!

Some information that might help think about this is the extent to which your pension + SS are going to cover your expenses in retirement. If the answer is "they'll cover most of it," you could think about being more aggressive with your equities if you wanted to, since even if you have a ...
by MoonOrb
Sun Jan 29, 2017 6:15 pm
Forum: Personal Consumer Issues
Topic: where to retire?
Replies: 63
Views: 5990

Re: where to retire?

Wherever you go, there you are. If I was making this decision my primary consideration would be where do I want to live when I'm not traveling half the year anymore. I'd want things like: being half mile from the beach friends and family close by not far from mountains or large bodies of water and o...
by MoonOrb
Sun Jan 29, 2017 3:05 pm
Forum: Investing - Theory, News & General
Topic: Try and hit it big with 25% of your portfolio?
Replies: 51
Views: 4952

Re: Try and hit it big with 25% of your portfolio?

For me the operative question is: Is the 75% he's investing otherwise sufficient to allow him to meet his financial goals? If yes, great! Go for it. He can spend this 25% on stock speculation instead of traveling, a nicer car, dinners out, sporting events, concerts, books, or whatever else people sp...
by MoonOrb
Sat Jan 28, 2017 2:00 am
Forum: Personal Finance (Not Investing)
Topic: Criteria for admittance to the 2-comma club
Replies: 79
Views: 5707

Re: Criteria for admittance to the 2-comma club

You get to decide. Everyone is the only member of their own club.

I track a net worth figure that includes estimated home equity and one that includes invested assets plus cash. Do whatever makes you feel good.

:sharebeer
by MoonOrb
Mon Jan 23, 2017 8:23 pm
Forum: Personal Consumer Issues
Topic: Instant Pot - your favorite uses?
Replies: 36
Views: 5049

Re: Instant Pot - your favorite uses?

If anyone can point to a great cookbook/website/resource for vegan recipes, I'm all ears. We got our Instant Pot about 4 weeks ago but haven't really attempted much with it yet. My first attempt was an utter fail where I was supposed to cook sweet potatoes and I mis-timed it somehow and completely p...
by MoonOrb
Sun Jan 22, 2017 11:41 pm
Forum: Investing - Theory, News & General
Topic: Hypo: What would you do if you were SURE of impending deline in markets
Replies: 62
Views: 4198

Re: Hypo: What would you do if you were SURE of impending deline in markets

At a theoretical level, I am struggling with the concept that even if you were somehow sure that your investments were going to go down in value, you should leave your investments/investment plans as is. Suspend reality for a second and assume that you somehow know for sure that U.S. stocks are goi...
by MoonOrb
Sat Jan 21, 2017 2:53 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 331
Views: 54737

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

I've been getting a chuckle this whole time about the Joe Walsh reference--Ordinary Average Guy, of course, is just a different version of a song he released in 1978--Life's Been Good to Me So Far, which is all about conspicuous consumption ("My Maserati does 185...").
by MoonOrb
Wed Jan 18, 2017 9:03 pm
Forum: Investing - Theory, News & General
Topic: Should you be worried about losing money in bonds?
Replies: 14
Views: 2803

Re: Should you be worried about losing money in bonds?

All the angst about bonds just makes me want to buy more bonds. Which, I guess I will if the value of Total Bond Fund drops.
by MoonOrb
Wed Jan 18, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Would you switch investment advisor to save $3000+/yr?
Replies: 17
Views: 1774

Re: Would you switch investment advisor to save $3000+/yr?

If your dad is happy with him and he is giving him good advice, no, I wouldn't urge him to change, even for $3k a year. Your dad's peace of mind and convenience and the competent management of his money is a good value in this case. I say this as someone who pays $0 to manage a portfolio of comparab...
by MoonOrb
Wed Jan 18, 2017 12:34 am
Forum: Investing - Theory, News & General
Topic: Junior and Senior Financial Independence
Replies: 35
Views: 1917

Re: Junior and Senior Financial Independence

I'm glad I'm not the only one who really disliked the article. I am wholly onboard with the concept that "it's okay to stop grinding at some point and spend what you have" but then that whole weird list of nonsensical rules, wow. I think this guy really grinds my gears because there's sort...
by MoonOrb
Mon Jan 16, 2017 3:40 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 331
Views: 54737

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

Fair enough. I was reacting primarily to the quoted portion regarding your question of whether it was insulting to dress up and play poor. That question suggested you were viewing the issue in some way as binary. I can agree that travel can mark you as wealthy to your peers, but it also depends on w...
by MoonOrb
Mon Jan 16, 2017 3:06 pm
Forum: Personal Consumer Issues
Topic: How much do you typically spend in a restaurant?
Replies: 171
Views: 9852

Re: How much do you typically spend in a restaurant?

Fortunately for us, we're very happy in the type of restaurant where the menu is laminated. We're also not big consumers of alcohol. Typical cost for a meal for 2 is $25-40 for dinner, including tax and tip. Often yields enough food for a 2nd and 3rd meal, too. We're vegan and tend to patronize a lo...
by MoonOrb
Mon Jan 16, 2017 3:00 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 331
Views: 54737

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

Isn't it kind of insulting to people who are struggling when financially independent people dress up and play poor? Isn't there some middle ground between "dress up and play poor" and "engage in conspicuous consumption?" It's as if you've created some kind of false dichotomy whe...
by MoonOrb
Mon Jan 16, 2017 2:12 pm
Forum: Investing - Theory, News & General
Topic: Help with Retirement Projection Assumptions
Replies: 35
Views: 3229

Re: Help with Retirement Projection Assumptions

I'm assuming you've got this covered, but are none of your assets in 401k/457/IRA plans that will be taxed upon withdrawal?
by MoonOrb
Mon Jan 16, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Cardinal Sin - went to cash the day before 2016 election
Replies: 56
Views: 6380

Re: Cardinal Sin - went to cash the day before 2016 election

OP, Consider dollar cost averaging your way back into the market instead of just putting everything back in one chunk. The available studies on this appear to show that putting it all back at once leads to the higher value in the long term. However, you need to first deal with behavioral aspect here...
by MoonOrb
Sun Jan 15, 2017 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage
Replies: 14
Views: 1587

Re: Paying off mortgage

Have you maxed out your tax advantaged investment space? If no, you could possibly think about maxing that out, instead. You don't really say much about the rest of your finances, except with your home nearly paid off and a year's worth of expenses sitting around in cash, I hope you're investing, too.
by MoonOrb
Sun Jan 15, 2017 4:30 pm
Forum: Investing - Theory, News & General
Topic: Retired, expenses covered but still growing portfolio, why?
Replies: 46
Views: 4622

Re: Retired, expenses covered but still growing portfolio, why?

Isn't it often a case of people continuing the same habits that got them where they are? If people are happy with their lifestyles, why change? The money will be there in case of unforeseen events and can pass to beneficiaries or charity upon death. I don't find the situation puzzling at all--it's j...
by MoonOrb
Sun Jan 15, 2017 1:42 am
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 331
Views: 54737

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

MrsRoos wrote:Here is another good read on how to practice stealth wealth and the benefits it brings. http://www.financialsamurai.com/the-rise-of-stealth-wealth-guide-to-staying-invisible-from-society-rage/


What a weird article.
by MoonOrb
Sun Jan 15, 2017 1:02 am
Forum: Personal Finance (Not Investing)
Topic: Job dilemma
Replies: 24
Views: 1977

Re: Job dilemma

Are you honestly excited about the new position, the new location, and all the other things? Moving is hard. Really, really hard. Making new friends, building a new professional network, all of that. It's tough, and the older you get, the tougher you get. It's also exciting, but the excitement quick...
by MoonOrb
Tue Jan 10, 2017 9:15 pm
Forum: Personal Consumer Issues
Topic: Weight machine vs free weight
Replies: 64
Views: 3834

Re: Weight machine vs free weight

Get free weights. They're superior in almost every way to machines. Get a set of adjustable dumbbells and you can do all manner of exercises that will supplement the rest of your exercise routine. You're not very likely to injure yourself doing free weights unless (a) you're using bad form or (b) yo...
by MoonOrb
Mon Jan 09, 2017 11:42 pm
Forum: Local Chapters and Bogleheads Community
Topic: Sad News About a Respected Forum Member
Replies: 117
Views: 17788

Re: Sad News About a Respected Forum Member

You made a difference for all of us here. Peace be with you, Old Meph.
by MoonOrb
Mon Jan 09, 2017 10:19 pm
Forum: Investing - Theory, News & General
Topic: "Stealth Wealth: I’m Just an Ordinary Average Guy"
Replies: 331
Views: 54737

Re: "Stealth Wealth: I’m Just an Ordinary Average Guy"

Neat article and thread. I missed it when it first was posted. We check off pretty much every box on that list. The best thing about it is that it never occurred to me to feel like I can't buy what I want. I think of my tastes as ordinary and average to be sure, but not intensely frugal or cheap. We...
by MoonOrb
Sun Jan 08, 2017 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Annual Vacation Budget
Replies: 320
Views: 23312

Re: Annual Vacation Budget

We value travel and spend money on it, but we don't budget for it. I'm not even sure how much we spent on it in the last year. We're relatively frugal when we travel, I guess, but our finances kind of work like this: -Figure out what our financial and investing goals are; -Meet those goals; -Spend w...
by MoonOrb
Sun Jan 08, 2017 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off my mortgage
Replies: 9
Views: 1064

Re: Paying off my mortgage

Paying off the mortgage is a reasonable use of extra money if you're meeting the rest of your financial goals. So is taxable investing. So is spending it on things that you value.

You're fine as long as you're otherwise meeting the rest of your goals.
by MoonOrb
Sun Jan 08, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Incorporating your home into networth calculation
Replies: 108
Views: 7507

Re: Incorporating your home into networth calculation

The meaningful question here IMO is "do you track net worth" and not "do you include a home in a net worth calculation." I track three numbers: 1. Invested assets 2. Invested assets plus cash 3. Invested assets plus cash plus conservatively estimated home equity This works for me...
by MoonOrb
Fri Jan 06, 2017 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: What monetary value has your education provided you?
Replies: 107
Views: 5672

Re: What monetary value has your education provided you?

this is not an apples to apples comparison as the numerator (total earnings) varies based on age and length of work years and denominator stays fixed so those who are older with more years of work will have a higher number. Perhaps we should also divide by number of years. net earnings divided by c...
by MoonOrb
Thu Jan 05, 2017 9:42 pm
Forum: Investing - Help with Personal Investments
Topic: Experienced investor: For your portfolio, at what point compound interest really kick in for you? $500k? $1million+?
Replies: 35
Views: 4525

Re: Experienced investor: For your portfolio, at what point compound interest really kick in for you? $500k? $1million+

Huh, I've never really thought about it. I just see myself on a long march towards the goal of financial security. I think of this as probably being x years away instead of x dollars away. If things change and there is a rapid growth in our accounts and x years away all of a sudden looks a lot more ...
by MoonOrb
Thu Jan 05, 2017 12:14 am
Forum: Personal Finance (Not Investing)
Topic: spousal disagreement over how much house to buy
Replies: 99
Views: 6525

Re: spousal disagreement over how much house to buy

If I loved a house AND it made for a shorter commute AND it was across from a park AND my wife loved it too...

...I would buy that house if I could afford it.

You can afford it. Buy the house.

Go to advanced search