Search found 642 matches

by TSR
Fri Apr 20, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: “The Smell of Retiree Mon$y...”
Replies: 57
Views: 7926

Re: “The Smell of Retiree Mon$y...”

This isn't as much about a right to privacy as a right to be appreciated for the donations you feel comfortable making and not have them attempt to guilt you for the endless amount of money they want you to give. Think of it as the same as the coworker who only wants to hang out when you are the on...
by TSR
Wed Apr 18, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Suddenly I had a weird bill go to collections - what's my course of action?
Replies: 36
Views: 3164

Re: Suddenly I had a weird bill go to collections - what's my course of action?

LiterallyIronic wrote:
Sun Apr 15, 2018 2:02 pm
I can't confirm what contact info they have on file, but I wouldn't be surprised if the address and phone number are something like 123 Main Street and 867-5309.
I don't know about the address, but I'm guessing the debt collector got your number on the wall...
by TSR
Fri Apr 06, 2018 4:16 pm
Forum: Personal Consumer Issues
Topic: How often do you replace your office shoes?
Replies: 58
Views: 3458

Re: How often do you replace your office shoes?

I tend to purchase nice ($100-300) walking-style shoes, and they last me 2-3 years (I walk maybe 16 blocks per day as part of my commute). My dress shoes for my suits last me much longer -- 8-10 years?
by TSR
Wed Apr 04, 2018 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on approach to student loans
Replies: 16
Views: 948

Re: Thoughts on approach to student loans

I would say go ahead and pay off the loans, but that is only assuming that you are maxing out all tax-advantaged investment vehicles. The tax benefits you can get from a 401k or a Roth are tremendous benefits that likely exceed any numerical benefits to either approach, and they are use-or-lose in n...
by TSR
Fri Mar 30, 2018 4:16 pm
Forum: Personal Consumer Issues
Topic: Checklist for Parents of Incoming Freshmen/To-Be Adult
Replies: 67
Views: 3938

Re: Checklist for Parents of Incoming Freshmen/To-Be Adult

Tax returns :oops: This is a real thing. I did work-study during the year and my mom was kind enough to send me all the tax forms, but I definitely would not have done it on my own. My dad had also set up a Roth for me that was funded to the tune of about $1,000. It took some hectoring to remember ...
by TSR
Thu Mar 29, 2018 3:13 pm
Forum: Personal Consumer Issues
Topic: Mystery: Gas bill says therms increased 33% year over year but temperature stayed the same. Why?
Replies: 26
Views: 1747

Re: Mystery: Gas bill says therms increased 33% year over year but temperature stayed the same. Why?

I once had an unusually high bill and went out to look at the meter. Some shrubbery on the side of the house had grown over the meter. I'd bet that the meter reader guy got frustrated and either estimated it or just gave me a really high number. I have taken no action to correct it, other than cutti...
by TSR
Wed Mar 21, 2018 4:18 pm
Forum: Personal Finance (Not Investing)
Topic: Math question to buy new car: pay full, 0% 36 months, 0.9% 60 months
Replies: 35
Views: 2424

Re: Math question to buy new car: pay full, 0% 36 months, 0.9% 60 months

Assuming there are no prepayment penalties, this would be a cash-flow question for me. I could afford to buy a $25,000 car outright, but it would deplete my emergency fund to a level I would not feel great about. So perhaps I would take the 5-year loan, allowing me an extremely leisurely repayment s...
by TSR
Sun Mar 11, 2018 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: PedalPub investment
Replies: 22
Views: 2065

Re: PedalPub investment

My town is lousy with these things. It goes without saying that I hate them with the white hot fire of a thousand suns, but that doesn't answer the question of whether they are a good investment. I agree with others regarding liability, and I would add what you might call "legislative risk" to the l...
by TSR
Thu Mar 08, 2018 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Advice for helping my newly-widowed mom
Replies: 30
Views: 2345

Re: Advice for helping my newly-widowed mom

I've started working on their 2017 tax returns, and my numbers pretty much match up with the estimates my dad did in January. One thing that is not clear to me is how to handle this when the taxpayer was alive for all of 2017, but died in 2018 before submitting tax returns. She files joint returns ...
by TSR
Wed Feb 28, 2018 5:56 pm
Forum: Personal Consumer Issues
Topic: What age is too old to stop hostelling?
Replies: 54
Views: 5075

Re: What age is too old to stop hostelling?

I'm 39 and really enjoy hostelling. I think my favorite so far has been Kex hostel in Reykjavik (it has the best restaurant I've ever seen in a hostel, though the restaurant itself is not cheap), and perhaps my least favorite was one in the red light district in Amsterdam, the name of which I forget...
by TSR
Tue Feb 20, 2018 11:51 am
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 99
Views: 7125

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

Let's say you have a passenger in your car, and that passenger is permanently disabled in an accident that was not your fault. Your insurance will cover your passenger's medical bills up to a certain point (assuming you pay for that coverage), but it will not cover lost income, pain and suffering, ...
by TSR
Tue Feb 20, 2018 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Three Fund Portfolio Excluding TSP?
Replies: 28
Views: 2811

Re: Three Fund Portfolio Excluding TSP?

I have 100% of my TSP in L2040. I maintain a separate three-fund portfolio in my Fidelity Roth that roughly matches that allocation. It's super easy. I think that's the best course of action for you. One reason I think this that is not directly responsive to your question, is that I think it's good...
by TSR
Fri Feb 16, 2018 2:32 pm
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 99
Views: 7125

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

Consider that there are approximately 12.5 million undocumented immigrants in this country, the laws of most states do not allow undocumented immigrants to get drivers licenses, and thus most such undocumented immigrants cannot get insurance. So that's maybe three or four out of every 100 drivers i...
by TSR
Fri Feb 16, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Should I be paying $1300/yr. for under/uninsured motorist protection?
Replies: 99
Views: 7125

Re: Should I be paying $1300/yr. for under/uninsured motorist protection?

First, your coverage costs way too much. This should add at most $100/year/driver, unless your situation is very unusual. Second, I'm a lawyer. This coverage is very important for everyone, everywhere. Let's say you have a passenger in your car, and that passenger is permanently disabled in an accid...
by TSR
Wed Feb 14, 2018 6:04 pm
Forum: Personal Consumer Issues
Topic: Question for music experts about musical keys
Replies: 102
Views: 6310

Re: Question for music experts about musical keys

I haven't seen this answer yet, so forgive me if I'm covering old ground. Piano players are more comfortable playing in flat keys than sharp keys, so you get a lot of jazz and classical in F, Bb, Eb, Ab, and all of their relative minors. These just tend to be easier hand positions than the sharp key...
by TSR
Tue Feb 13, 2018 2:18 pm
Forum: Personal Consumer Issues
Topic: Help me help my niece (College costs, financial aid, etc)
Replies: 41
Views: 2715

Re: Help me help my niece (College costs, financial aid, etc)

I am helping my niece get ready for college and we got some good news. She was accepted to a school and offered 20k in scholarships from the school. The bad news is the school is more than 50k a year. The wild card is that she is eligible for another scholarship but it is for an undetermined amount...
by TSR
Tue Feb 13, 2018 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Three Fund Portfolio Excluding TSP?
Replies: 28
Views: 2811

Re: Three Fund Portfolio Excluding TSP?

I have 100% of my TSP in L2040. I maintain a separate three-fund portfolio in my Fidelity Roth that roughly matches that allocation. It's super easy. I think that's the best course of action for you. One reason I think this that is not directly responsive to your question, is that I think it's good ...
by TSR
Thu Feb 08, 2018 4:37 pm
Forum: Personal Consumer Issues
Topic: Rolex
Replies: 45
Views: 4958

Re: Rolex

I recently purchased a used watch from https://davidsw.com/. The transaction was exceptionally smooth, and I couldn't recommend him more. Best of luck.
by TSR
Thu Feb 08, 2018 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Tenants want to break lease early and is pregnant
Replies: 105
Views: 9006

Re: Tenants want to break lease early and is pregnant

My inclination is to have them pay or (if you allow) find subletters. If they gave enough notice that you can find new tenants, I'd let them off the hook though. I really doubt subletting is possible/practical for just the 1-2 months. It's common around here to start with a sublet and roll over int...
by TSR
Fri Feb 02, 2018 3:15 pm
Forum: Personal Consumer Issues
Topic: Best Movies of 2017
Replies: 35
Views: 3038

Re: Best Movies of 2017

If you have not seen Logan (again, not the same as Logan Lucky, which is also good), do yourself a favor and check that out (some tolerance for violence needed). A lot of people think it was snubbed on Best Picture and two acting nominations. In addition to that, I'd agree with you on Florida Projec...
by TSR
Fri Feb 02, 2018 2:23 pm
Forum: Personal Consumer Issues
Topic: Substitute for taking a shower?
Replies: 64
Views: 6742

Re: Substitute for taking a shower?

I imagine that this is obvious to you already, but for that length of trip there is absolutely no need for anyone to wash their hair, which should cut down on shower times. Americans tend to shampoo way too often. Have fun!
by TSR
Fri Feb 02, 2018 11:47 am
Forum: Investing - Help with Personal Investments
Topic: What advice would you give yourself if you were 27 again?
Replies: 120
Views: 8051

Re: What advice would you give yourself if you were 27 again?

To answer your specific questions: 1. If I were you I would do three things in your TSP (I'm a fed employee too, for what it's worth). First, go all in on the L2050 fund. This stops your urge to tinker, gives you a little (very little) bond exposure, and will evolve with you over time. Second, go a...
by TSR
Fri Feb 02, 2018 10:39 am
Forum: Investing - Help with Personal Investments
Topic: What advice would you give yourself if you were 27 again?
Replies: 120
Views: 8051

Re: What advice would you give yourself if you were 27 again?

To answer your specific questions: 1. If I were you I would do three things in your TSP (I'm a fed employee too, for what it's worth). First, go all in on the L2050 fund. This stops your urge to tinker, gives you a little (very little) bond exposure, and will evolve with you over time. Second, go al...
by TSR
Fri Jan 26, 2018 4:31 pm
Forum: Investing - Theory, News & General
Topic: When did the bad news start in 2008?
Replies: 135
Views: 12975

Re: When did the bad news start in 2008?

Your question is an interesting one but also an impossible one to answer. Actually impossible. That is because one of the most profound behavioral economic fallacies is hindsight bias. Anyone can go back and say "this is when I knew," but that will necessarily be based on what we know now. Anyone ca...
by TSR
Fri Jan 26, 2018 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant Recommends doing Whole Life Insurance
Replies: 64
Views: 5156

Re: Accountant Recommends doing Whole Life Insurance

My accountant recommended me open whole life insurance to save on taxes, this is an advisable strategy? Everything on Bogleheads suggests it's not... Any insight or advice on why he might of recommended it would be helpful. Currently 28, Single, California, 750K 2017 Income (W2/K1). You've asked tw...
by TSR
Wed Jan 24, 2018 11:11 am
Forum: Investing - Help with Personal Investments
Topic: am I crazy to do a lump sum investment with my entire retirement in this current stock market?
Replies: 47
Views: 6015

Re: am I crazy to do a lump sum investment with my entire retirement in this current stock market?

At your age, I think you guys should be at around 70/30 stocks/bonds (but only you can make this determination). I have no crystal ball regarding the stock market, but I think it is pretty plausible that there will be a major correction within the next couple of years. Why don't you just put all of ...
by TSR
Fri Jan 19, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: Learning Swimming @ 40+
Replies: 37
Views: 1926

Re: Learning Swimming @ 40+

I swim a couple times a weak at my local YMCA. Very often I will see adult beginners taking swim lessons. I mention this for two reasons. First, the local YMCA is very used to such requests and is a great resource -- if they don't have the lessons you need, they will point you in the right direction...
by TSR
Thu Jan 18, 2018 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Take a 401k Loan?
Replies: 43
Views: 2241

Re: Take a 401k Loan?

• Borrowed funds are taxed twice. You earn and pay taxes on wages and use those after-tax funds to repay the loan. During retirement, you again pay taxes, this time on withdrawn funds. If you're in the 25% federal tax bracket, twice the tax is extremely expensive. This is a myth that has been debun...
by TSR
Thu Jan 18, 2018 3:54 pm
Forum: Personal Consumer Issues
Topic: I got a Roomba and think you should too
Replies: 41
Views: 3819

Re: I got a Roomba and think you should too

I received a (an?) Eufy 11 for Christmas. I was skeptical because I have one area of high-pile carpet and a lot fairly serious humps in doors between rooms. I've loved having it. It is VERY dumb, and it has problems with the randomness. But I run it on a program every day while I'm away, and if it d...
by TSR
Thu Jan 18, 2018 10:56 am
Forum: Investing - Theory, News & General
Topic: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?
Replies: 34
Views: 2459

Re: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?

Others have covered the reasons the G Fund is often favored (or not -- I just use the L funds and let them allocate the difference between the two), so I won't wade in too much. But if you have half a million dollars in the G Fund, it sounds like you've made a pretty deliberate choice about it. Is t...
by TSR
Wed Jan 17, 2018 11:15 am
Forum: Investing - Help with Personal Investments
Topic: 23 Years Old, Uncomfortable with Target Date Funds
Replies: 19
Views: 2205

Re: 23 Years Old, Uncomfortable with Target Date Funds

Just one more vote for keeping the target-date fund. You are underestimating the value of simplicity while overestimating your own investment temperament. Not that you're "bad" at this, just that at 23 you don't know how good you are at it (I'm 39 and don't really know). I have a target-date fund in...
by TSR
Fri Jan 12, 2018 1:04 pm
Forum: Personal Consumer Issues
Topic: Almost a pathological fear of debt, to my detriment?
Replies: 79
Views: 4816

Re: Almost a pathological fear of debt, to my detriment?

There's another phenomenon that I tend to have, which is not so much fear of debt as it is annoyance with the idea of having another payment in my life. For me, there is significant value in paying off a relatively low-priced obligation (your car note, for example) in order to get another monthly pa...
by TSR
Tue Jan 09, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: Men's no iron dress shirt recommendations
Replies: 66
Views: 4341

Re: Men's no iron dress shirt recommendations

I want to make sure you're using the Jos. Banks Traveler line and not some of the other lines that they call "wrinkle free." The traveler shirts last me a LONG time and keep their "no iron" status. The other ones not so much. Best of luck though -- if you find something great I hope you'll tell us.
by TSR
Mon Jan 08, 2018 10:51 am
Forum: Investing - Help with Personal Investments
Topic: Investing Inheritance
Replies: 6
Views: 613

Re: Investing Inheritance

Condolences on the loss. The most glaring thing in your whole post is that you only have 5% contributions to your 401ks. How close is that getting you both to maxing out? I'd earmark a good chunk of this money to curing that problem -- your return on not paying taxes on those dollars is too good to ...
by TSR
Wed Jan 03, 2018 5:48 pm
Forum: Personal Finance (Not Investing)
Topic: Two vastly different career considerations...Stability vs. Income
Replies: 67
Views: 4694

Re: Two vastly different career considerations...Stability vs. Income

As a fed employee, I vote Job A any day of the week and twice on Sunday. But that's a personality issue for me -- I don't like constant striving. I'd rather just be good at something and do it. There is also a major economy risk in a sales job, and the fact that your friend has been there only for y...
by TSR
Tue Dec 19, 2017 1:51 pm
Forum: Personal Consumer Issues
Topic: Does a State job make it easier to get a FED job?
Replies: 10
Views: 1152

Re: Does a State job make it easier to get a FED job?

Sometimes. There is a lot of cross-over in skills in something like the Judiciary. If you're a legal secretary for a state DA, that would be highly relevant if you're applying for a similar position in a US Attorney's Office (same for court clerks or some attorneys). I'd imagine the same is true if ...
by TSR
Tue Dec 19, 2017 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: I bonds: Should I put money on I bonds rather than keep them in a savings account
Replies: 26
Views: 3759

Re: I bonds: Should I put money on I bonds rather than keep them in a savings account

I do not own I Bonds, in part because I understand that working through Treasury Direct is a total nightmare. You can do a quick search of this site to find dozens of threads on the subject. For relatively short term savings goals like yours (not what they are really made for), I would be real temp...
by TSR
Mon Dec 18, 2017 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: I bonds: Should I put money on I bonds rather than keep them in a savings account
Replies: 26
Views: 3759

Re: I bonds: Should I put money on I bonds rather than keep them in a savings account

I do not own I Bonds, in part because I understand that working through Treasury Direct is a total nightmare. You can do a quick search of this site to find dozens of threads on the subject. For relatively short term savings goals like yours (not what they are really made for), I would be real temp...
by TSR
Mon Dec 18, 2017 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: I bonds: Should I put money on I bonds rather than keep them in a savings account
Replies: 26
Views: 3759

Re: I bonds: Should I put money on I bonds rather than keep them in a savings account

I do not own I Bonds, in part because I understand that working through Treasury Direct is a total nightmare. You can do a quick search of this site to find dozens of threads on the subject. For relatively short term savings goals like yours (not what they are really made for), I would be real temp...
by TSR
Mon Dec 18, 2017 11:35 am
Forum: Personal Consumer Issues
Topic: Spending on myself, am I off base here?
Replies: 104
Views: 6143

Re: Spending on myself, am I off base here?

One way I justify purchases like these is that you are buying a fairly solid-state thing that has legitimate collector value and doesn't get too much wear and tear. In other words, unlike a really fancy suit or a highly depreciating car, you can sell this thing later and only lose transaction costs ...
by TSR
Mon Dec 18, 2017 11:30 am
Forum: Investing - Help with Personal Investments
Topic: I bonds: Should I put money on I bonds rather than keep them in a savings account
Replies: 26
Views: 3759

Re: I bonds: Should I put money on I bonds rather than keep them in a savings account

I do not own I Bonds, in part because I understand that working through Treasury Direct is a total nightmare. You can do a quick search of this site to find dozens of threads on the subject. For relatively short term savings goals like yours (not what they are really made for), I would be real tempt...
by TSR
Mon Dec 18, 2017 11:21 am
Forum: Personal Consumer Issues
Topic: Spending on myself, am I off base here?
Replies: 104
Views: 6143

Re: Spending on myself, am I off base here?

If this is the whole story, then she is being unreasonable, largely because of her hang-ups with money. You both make a lot of money and you rarely spend it. Now you would like to enjoy the fruits of your labor. On the other hand, she may see something in you that is a legitimate (or illegitimate) t...
by TSR
Fri Dec 15, 2017 6:10 pm
Forum: Investing - Theory, News & General
Topic: No Silver Bullets: 8 Ideas for Financial Planning in a Low-Return Environment
Replies: 8
Views: 1744

Re: No Silver Bullets: 8 Ideas for Financial Planning in a Low-Return Environment

Did anyone else have the same feeling I had? Like the adolescent at the convenience store, "one loaf of bread, one quart of milk, one copy of Playboy ..." in this case, one reduced fees, one increased savings, one Weird Portfolio? No real response to your broader point other than to say that --- rh...
by TSR
Fri Dec 15, 2017 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Two commas, I'm calling it
Replies: 20
Views: 4812

Re: Two commas, I'm calling it

Congrats!
by TSR
Fri Dec 15, 2017 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Student Loans vs 401K
Replies: 11
Views: 873

Re: Student Loans vs 401K

I agree with everyone else that it's hard to beat a 39% tax return on the 401k, but I agree also that the emergency fund is very important in your case. What I don't understand is how you got to a place where you're a highly compensated employee but there's absolutely no wiggle room between your sav...
by TSR
Tue Dec 12, 2017 10:46 am
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 156
Views: 17721

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

Ten years ago, I lost $210K while still in school (student loans and credit cards). My suggestion would be to contribute to tax advantaged accounts up to the limit, then put the rest toward student loans. It is nice feeling to see declining loan balances. It provides a sense of accomplishment that ...
by TSR
Tue Nov 28, 2017 12:24 pm
Forum: Personal Consumer Issues
Topic: How Do You Stay Current With Music?
Replies: 111
Views: 5937

Re: How Do You Stay Current With Popular Music?

Paste. AV Club (avclub.com). Pitchfork.

I try to read up, then go to Spotify to listen. Very rewarding. Good luck!
by TSR
Tue Nov 28, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: New TSP Investing Strategy
Replies: 18
Views: 2279

Re: New TSP Investing Strategy

I think the difference in expense ratio here is between ~.038% and ~.05%. That would not be enough to make me try to make changes. Thanks for your reply, but could you explain what you mean? Apologies -- I misread. I thought by "price" you were referring to the expense ratios. (There is a tiny diff...
by TSR
Tue Nov 28, 2017 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: New TSP Investing Strategy
Replies: 18
Views: 2279

Re: New TSP Investing Strategy

I think the difference in expense ratio here is between ~.038% and ~.05%. That would not be enough to make me try to make changes.