Search found 447 matches

by Slacker
Thu Dec 14, 2017 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Utilizing Intro 0% APR Credit Card offers the right way
Replies: 9
Views: 444

Re: Utilizing Intro 0% APR Credit Card offers the right way

Okay, thanks for the clarification.

That wouldn't work well for us as we don't spend very much in a month (which is why we'd have the cashflow to take out a chunk now on a balance transfer and then pay it off before the 0% period is over).
by Slacker
Thu Dec 14, 2017 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Utilizing Intro 0% APR Credit Card offers the right way
Replies: 9
Views: 444

Re: Utilizing Intro 0% APR Credit Card offers the right way

Are there very many that don't have a 3% up front fee? Last time I checked (about 12 months ago), there was only one I found without the fee and it had the shortest 0% interest period (12 months). All of the others I found (with anywhere from 12 months to 24 months 0% apr) included a transfer fee.
by Slacker
Thu Dec 14, 2017 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Can rental home generate small income?
Replies: 30
Views: 1522

Re: Can rental home generate small income?

I'm looking for some guidance and feedback please. Goal: Is it possible to invest $50-100K and generate a small stable income of $400-500 for an expat? After some discussions, I'm told that using that amount as downpayment for a 250K rental home can do that. Location for buying the home is Round Ro...
by Slacker
Wed Dec 13, 2017 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: How much did you contribute to your 401k in 2017?
Replies: 108
Views: 5427

Re: How much did you contribute to your 401k in 2017?

Both of us around 40.

Both of us maxed our retirement accounts (pre-tax). Our plan doesn't offer after-tax contributions.
by Slacker
Wed Dec 13, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Sinking fund for dream cars
Replies: 23
Views: 1538

Re: Sinking fund for dream cars

In your retirement budget planning, just plan for expenses that include a much more expensive car so you can buy whatever strikes your fancy at the time of retirement. No need to make a separate fund just for a car purchase 17 years from now.
by Slacker
Wed Dec 13, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: buying Vanguard VTI in my Etrade acct verses Vanguard?
Replies: 4
Views: 218

Re: buying Vanguard VTI in my Etrade acct verses Vanguard?

I've been looking around recently to pull my account from TDAmeritrade (due to the change of commission free ETFs). You may want to consider Merrill Edge if you have more than $50,000 in your taxable account as this qualifies you as "Platinum". They give you 30 free trades a month when you are "Plat...
by Slacker
Tue Dec 12, 2017 1:28 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 138
Views: 15522

Re: MoviePass-Too good to be true, but it's legit.

If you go see the same move 10 times I suspect they'd be interested in that too. Someone may be interested in knowing if someone goes to see the same movie 10 times, but they will not find that information through MoviePass. MoviePass will only pay for you to view a movie one time. i'm assuming eng...
by Slacker
Tue Dec 12, 2017 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: best cashback credit card ?
Replies: 47
Views: 3508

Re: best cashback credit card ?

We use American Express Blue Cash Preferred for Groceries (6% back) and Gasoline (3% back). Discover for the occasional 5% categories. Chase Sapphire Reserved for dining out & travel related expenses (3x miles) USAA for everything else (2.5%). Is USAA really 2.5%? The web site seems to advertise on...
by Slacker
Tue Dec 12, 2017 11:43 am
Forum: Personal Finance (Not Investing)
Topic: best cashback credit card ?
Replies: 47
Views: 3508

Re: best cashback credit card ?

We use American Express Blue Cash Preferred for Groceries (6% back) and Gasoline (3% back). Discover for the occasional 5% categories. Chase Sapphire Reserved for dining out & travel related expenses (3x miles) USAA for everything else (2.5%). My wife gets a little annoyed at all this fumbling arou...
by Slacker
Mon Dec 11, 2017 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: best cashback credit card ?
Replies: 47
Views: 3508

Re: best cashback credit card ?

We use American Express Blue Cash Preferred for Groceries (6% back) and Gasoline (3% back). Discover for the occasional 5% categories. Chase Sapphire Reserved for dining out & travel related expenses (3x miles) USAA for everything else (2.5%). My wife gets a little annoyed at all this fumbling aroun...
by Slacker
Mon Dec 11, 2017 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: TSP allocation
Replies: 9
Views: 441

Re: TSP allocation

5% withdrawal rate is not likely to be sustainable for a very long retirement, especially at a 30/70 stock/bond portfolio. CFiresim tells me: 33% success rate over a 35yr retirement 48% success rate over a 30yr retirement 63% success over over a 25yr retirement 91% succes rate over a 20yr retirement...
by Slacker
Mon Dec 11, 2017 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Done gone and did it [Retire]
Replies: 80
Views: 7517

Re: Done gone and did it

Congratulations!
by Slacker
Sat Dec 09, 2017 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 5788

Re: Does this happen to you? Educating friends about personal finance

I usually recommend bogleheads website, Mr. Moneymustache website or Dave Ramsey depending on if the person is just looking for an investing framework, trying to retire early or deep in debt. If someone asks me a specific question I will state what I do and why. If they don't make the choice that I ...
by Slacker
Sat Dec 09, 2017 10:09 pm
Forum: Personal Consumer Issues
Topic: Do indoor cats need flea/tick/heartworm prevention year round?
Replies: 15
Views: 1030

Re: Do indoor cats need flea/tick/heartworm prevention year round?

Posting to Follow. I do have some small information to say that Heartworms are a problem when the weather outside would lead to mosquitoes. I don't typically treat our dog for heartworms during the winter months in cold places like Colorado, but I treat her year round in warmer places like AZ. I hav...
by Slacker
Sat Dec 09, 2017 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: Question about Roth TSP for active duty military
Replies: 9
Views: 654

Re: Question about Roth TSP for active duty military

Are you sure you can stay in the military another 12 years? My dad was forced out (mandatory retirement) at around 25 or 26 years because he didn't make E-9. Do you still have a GI Bill? You can transfer that to a dependent if you haven't used it and don't plan on using it (this covers part of colle...
by Slacker
Sat Dec 09, 2017 9:50 pm
Forum: Personal Consumer Issues
Topic: What MPG App Do You Use To Track Fuel Usage ?
Replies: 61
Views: 2339

Re: What MPG App Do You Use To Track Fuel Usage ?

I use to track it in Excel by recording miles just traveled and gallons filled up off the receipt. Now I just reference the car's reading. The Prius tells us daily/weekly/monthly MPG logs, MPG over lifetime of the vehicle, MPG on current trip (since last starting the vehicle), MPG over the typical A...
by Slacker
Fri Dec 08, 2017 10:46 pm
Forum: Personal Consumer Issues
Topic: Recommended places to live
Replies: 54
Views: 5247

Re: Recommended places to live

Several recommendations for Washington, Arizona, Colorado, and Tennessee have been given. Based on the above, what are the advantages/disadvantages of these and the other recommendations? We need more info from you. How much are you willing to spend for housing? Do you need a large airport nearby? ...
by Slacker
Fri Dec 08, 2017 10:19 pm
Forum: Personal Consumer Issues
Topic: I am buying a car: Most/Least Reliable Makes?
Replies: 70
Views: 4028

Re: I am buying a car: Most/Least Reliable Makes?

I am buying a car before the year is over. I've heard the deals are the best at the end of the year. What are the most/least reliable makes to look at and avoid? I know it depends on the model but I'm interested in overall brand quality. Longest lasting, least problems. This is my impression from r...
by Slacker
Fri Dec 08, 2017 7:22 pm
Forum: Investing - Theory, News & General
Topic: "Think you can time the stock market? Look at this chart first"
Replies: 42
Views: 4120

Re: "Think you can time the stock market? Look at this chart first"

I think comments about impact of the best and worst days miss the point, which is that the market is unpredictably volatile. There are two ways to win: 1) be really, really, really lucky; or 2) ride the roller coaster and reap the long-term return. Reminds of a worthwhile "cute" comment I've heard ...
by Slacker
Thu Dec 07, 2017 1:02 am
Forum: Personal Consumer Issues
Topic: Recommended places to live
Replies: 54
Views: 5247

Re: Recommended places to live

I think the Colorado Front Range and Prescott AZ are both good options for mountains and four seasons. I'm not sure about allergies, but I don't remember having issues in Colorado (I've never lived in Prescott, only visited so I can't say for sure about allergies there). In the Seattle area (which s...
by Slacker
Wed Dec 06, 2017 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: How do you know you are FI? [Financially Independent]
Replies: 48
Views: 3823

Re: How do you know you are FI?

To rephrase what others have said, it depends entirely on your expenses. When you have a portfolio that is 25X - 30X your annual living expenses, you have achieved FI. Isn't this based on retiring at age 65 with maybe 25-30 years (mileage) left on the clock? but not necessarily for someone younger?...
by Slacker
Wed Dec 06, 2017 9:09 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 181
Views: 10721

Re: Do people still use AAA?

I've signed up with AAA in the past for discounts that were greater than the yearly membership cost. Penske rental truck was at a roughly $150 discount for AAA membership vs the roughly $55 membership fee. However, for roadside assitance we had coverage on our insurance policy until I realized our C...
by Slacker
Tue Dec 05, 2017 5:39 pm
Forum: Personal Consumer Issues
Topic: How much do you need to drive a car to keep battery charged and everything else OK?
Replies: 36
Views: 2738

Re: How much do you need to drive a car to keep battery charged and everything else OK?

Reading this thread with all the issues related to maintaining a seldom used internal combustion powered vehicle it makes one think that the best vehicle for an infrequent driver would be an electric vehicle. Right now, we recently added a second vehicle to our household and I find myself "forced" t...
by Slacker
Mon Dec 04, 2017 3:29 pm
Forum: Personal Consumer Issues
Topic: How much do you need to drive a car to keep battery charged and everything else OK?
Replies: 36
Views: 2738

Re: How much do you need to drive a car to keep battery charged and everything else OK?

I don't know, but I recently discovered that for about $15 you can buy a gadget that plugs into a 12V power outlet that not only provides two USB outlets, but also displays the battery voltage: When I wonder about the battery, I turn the ignition to "ACC" first (so that the charging system isn't op...
by Slacker
Mon Dec 04, 2017 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Any reason to keep my Life Insurance (FEGLI)?
Replies: 17
Views: 1140

Re: Any reason to keep my Life Insurance (FEGLI)?

You may not have an insurable need at all, and If you are in good health and otherwise insurable, FEGLI may not be that great a deal compared to alternatives on the term insurance market. But when you are comparison shopping, make sure you are comparing the correct amounts. FEGLI basic automaticall...
by Slacker
Sun Dec 03, 2017 2:40 pm
Forum: Investing - Theory, News & General
Topic: Any thoughts on The Aurora Report? [Arora Report]
Replies: 33
Views: 6140

Re: Any thoughts on The Aurora Report? [Arora Report]

I have not been here for some time and undoubtedly the answer to my question has likely been answered multiple times. But I arrived here googling reviews of the Arora Report as well. In the past few months, I've been looking at many financial websites (always with the perspective of skepticism). Th...
by Slacker
Sat Dec 02, 2017 7:10 pm
Forum: Personal Consumer Issues
Topic: How to convince DW that high miles used car is OK
Replies: 106
Views: 6639

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

150,000+ mile car for you
Newer car for her

Maybe Uber or Lyft on her phone in case of breakdowns. Maybe AAA or Roadside assistance & rental car service on the car insurance policy for her peace of mind???
by Slacker
Sat Dec 02, 2017 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: How do I convince my employees to invest more?
Replies: 92
Views: 5156

Re: How do I convince my employees to invest more?

I don't buy all these arguments of $40-60K not going far enough. That is only true if people spend all their money on useless crap. First job out of college I made just under $40k / year 12 years ago as a single father paying child support for 2 kids and yet I was still able to put 5% in my 401K to ...
by Slacker
Sat Dec 02, 2017 11:37 am
Forum: Personal Finance (Not Investing)
Topic: How do I convince my employees to invest more?
Replies: 92
Views: 5156

Re: How do I convince my employees to invest more?

Next annual meeting I would let them know that the new company policy is for everyone to be opted in unless they specifically sign a document which informs them of what they are giving up by opting out. Maybe have it phase in at 1% of salary every couple months until it is at the 3% match after 6 mo...
by Slacker
Fri Dec 01, 2017 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: I Can "Afford" This Right? (New Car)
Replies: 60
Views: 4607

Re: I Can "Afford" This Right? (New Car)

I'm somewhat seriously considering buying a car (not sure on used or new - leaning towards used) that would cost anywhere from $55k-$75k. Just looking for opinions. A friend who is financially like-minded as me says I should do it but wanted another outside perspective. Age: 32 and single Income: $...
by Slacker
Fri Dec 01, 2017 8:04 pm
Forum: Investing - Theory, News & General
Topic: Is there any reason to invest in real estate?
Replies: 98
Views: 7367

Re: Is there any reason to invest in real estate?

If you know that for a fact, you may want to read these links. https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-prohibited-transactions https://www.law.cornell.edu/uscode/text/26/4975 (See paragraph (c)(1)(c)) https://www.irs.gov/compliance/whistleblower-informant-aw...
by Slacker
Fri Dec 01, 2017 7:20 pm
Forum: Investing - Theory, News & General
Topic: Amount You Need To Save Annually Over Lifespan
Replies: 80
Views: 8800

Re: Amount You Need To Save Annually Over Lifespan

Looking at a retirement calculator with exponential compound growth, the importance of saving a larger amount as young as possible and continuing to save allows you to retire earlier or more comfortably. I think $1M in your retirement accounts at age 50 is a reasonable goal and saving at least $20k...
by Slacker
Fri Dec 01, 2017 7:09 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10351

Re: Price of haircut?

Since there are so many DIY'ers, in case anyone else is interested, here's what we use: Clippers (bought February 2015, still going strong): https://www.amazon.com/gp/product/B000JNQSIQ/ Scissors (they make a big difference compared to regular scissors because they swing more freely): https://www.a...
by Slacker
Fri Dec 01, 2017 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: The College Bubble - investment opportunities after the collapse?
Replies: 114
Views: 7730

Re: The College Bubble - investment opportunities after the collapse?

My take on the college bubble is the rapidly rising costs and student loan debt is unsustainable. Just because you can borrow $100k for an undergraduate degree doesn't mean ya should. Same with advanced degrees, but higher price tags. All of the attorneys I know (early 30s) have six figure debt tha...
by Slacker
Fri Dec 01, 2017 6:47 pm
Forum: Personal Consumer Issues
Topic: For Musk, an Energy Feat the Size of a Football Field
Replies: 52
Views: 2143

Re: For Musk, an Energy Feat the Size of a Football Field

Nice Chart. It shows Tesla having sold 40,000 electric vehicles and the closest competitor is Chevy at 20,000 electric vehicles. Does double the annual sales not mean far and away? What about revenue? At an average price of around $90,000 compared to the Chevy Bolt's $38,000 average price Tesla is ...
by Slacker
Fri Dec 01, 2017 12:30 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10351

Re: Price of haircut?

I always pay the same price whether in a HCOL area like DC or LCOL area like Phoenix: $0
My wife cuts my hair.
by Slacker
Fri Dec 01, 2017 12:16 pm
Forum: Personal Consumer Issues
Topic: For Musk, an Energy Feat the Size of a Football Field
Replies: 52
Views: 2143

Re: For Musk, an Energy Feat the Size of a Football Field

Musk said he’d deliver in 100 days or it would be free. He delivered early (not his dual MO, but we’ll take it). https://www.nytimes.com/2017/11/30/world/australia/elon-musk-south-australia-battery.html I have a sneaky suspicion (that came about when this "bet" was first announced) that the Model 3...
by Slacker
Fri Dec 01, 2017 12:14 pm
Forum: Personal Consumer Issues
Topic: For Musk, an Energy Feat the Size of a Football Field
Replies: 52
Views: 2143

Re: For Musk, an Energy Feat the Size of a Football Field

Tesla is still far and away the market leader in EVs Far and away? http://i68.tinypic.com/30veph0.jpg Or by leading, did you mean Tesla is the only one making $100-200k+ sedans, and therefore is 'leading' based on perceived cachet? Nice Chart. It shows Tesla having sold 40,000 electric vehicles and...
by Slacker
Thu Nov 30, 2017 2:13 pm
Forum: Investing - Theory, News & General
Topic: Is there any reason to invest in real estate?
Replies: 98
Views: 7367

Re: Is there any reason to invest in real estate?

All, 20% ROI is not sustainable or practical to obtain for any length of time. If 20% ROI was available to everybody through real estate investing, nobody would invest in the stock market which returns 8% ROI historically. Some of you may have been lucky. Some may have added to your initial investm...
by Slacker
Thu Nov 30, 2017 12:26 am
Forum: Investing - Theory, News & General
Topic: Is there any reason to invest in real estate?
Replies: 98
Views: 7367

Re: Is there any reason to invest in real estate?

As some famous person said (paraphrased), "If you want to invest in real estate, buy an REIT. REIT's never call you up in the middle of the night because their toilet isn't working." My property manager hasn't called me in the middle of the night yet and I don't ever expect them to call me in the m...
by Slacker
Wed Nov 29, 2017 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: Another House Affordability Question
Replies: 18
Views: 1462

Re: Another House Affordability Question

With your specifics, I would personally only feel comfortable buying so much house if I used a significant amount of cash & investments to get the mortgage down to a manageable level (maybe more than 50% down payment). However, I wouldn't want to tie up all my networth in a house. $400K mortgage + $...
by Slacker
Tue Nov 28, 2017 10:10 pm
Forum: Personal Consumer Issues
Topic: Paying for news?
Replies: 60
Views: 4061

Re: Paying for news?

I subscribe to the WSJ paper edition. I may go to digital as I tire of recycling the piles of paper (but the plastic sleeves are great for daily cleaning up of doggie mess in the yard). We also have about 11 magazine subscriptions. Not sure how many of them I would qualify as news vs purely entertai...
by Slacker
Tue Nov 28, 2017 10:03 pm
Forum: Personal Consumer Issues
Topic: 2018 Goals - Financial or Otherwise
Replies: 67
Views: 5103

Re: 2018 Goals - Financial or Otherwise

1. Max tax deferred accounts x 2
2. Max Roth accounts x 2
3. Max HSA x 2 (cheaper insurance for us to keep our own rather than one of us do a self+1 plan)
4. 15% of gross salary into Taxable account
5. Don't get stung by bees, scorpions, wasps or bitten by snakes while mtn biking
by Slacker
Tue Nov 28, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: The fallacy of spending money on "experiences" vs hard assets
Replies: 336
Views: 17416

Re: The fallacy of spending money on "experiences" vs hard assets

IMO the fallacy is creating a false dichotomy between experiences and things. For example, a luxury car seems like both a hard asset as well as something to experience. (And I'm someone who generally prefers spending money on so-called "experiences" like travel.) Agree. They are not mutually exclus...
by Slacker
Tue Nov 28, 2017 11:14 am
Forum: Personal Consumer Issues
Topic: Insulated shopping bags
Replies: 14
Views: 785

Re: Insulated shopping bags

Living in the Phoenix area, we always bring an ice chest with us when we go grocery shopping during the summer months. Works just fine. Usually don't bother bringing ice/icepacks unless we are going to a specialty grocer that is going to require more than a 30 minute roundtrip.
by Slacker
Tue Nov 28, 2017 10:31 am
Forum: Personal Consumer Issues
Topic: How Do You Stay Current With Music?
Replies: 111
Views: 5164

Re: How Do You Stay Current With Popular Music?

Radio
If something catches my interest I'll look up the artist.

I listen to the radio on occasion while working.
by Slacker
Mon Nov 27, 2017 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another can I afford this house post- please weigh in
Replies: 27
Views: 2666

Re: Yet another can I afford this house post- please weigh in

I think the OP can easily afford it. The OP could afford to pay cash for the house and still retain around 1million in non housing liquid assets. As a single person in her 30s that is the very definition of being able to afford the house!! Okay, run the numbers for the OP to show her (and all of us...
by Slacker
Mon Nov 27, 2017 6:21 pm
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 142
Views: 8876

Re: Tesla truck unveil

When are they going to make a Tesla RV? The "autopilot" features alone would be a huge plus for RVing. All electric means you can forgo the need for a generator and most RV campsites have 50amp hookups.
by Slacker
Sun Nov 26, 2017 7:50 pm
Forum: Investing - Help with Personal Investments
Topic: Didn't buy Bitcoin at $4600
Replies: 138
Views: 10720

Re: Didn't buy Bitcoin at $4600

I was sitting in a cafe a couple of months ago, I didn't buy Bitcoin when it was $4600 per Bitcoin. I even had my bank info authenticated the few days prior. I think my PC battery died and I went to the gym instead. I don't really need the money, but I'd be lying if I said I don't feel a twinge of ...
by Slacker
Sat Nov 25, 2017 11:23 pm
Forum: Investing - Theory, News & General
Topic: Transferring to Vanguard
Replies: 14
Views: 1768

Re: Transferring to Vanguard

After much deliberation I decided to transfer my Scottrade accounts to Vanguard. ...So I go to the website to initiate my transfer, it says it will only take 10 minutes... actually it took me about 5 minutes per account, no issues, done... How did you get it done like that? Vanguard threw near 100 ...