Search found 542 matches

by Tamarind
Sun Aug 20, 2017 11:23 am
Forum: Investing - Help with Personal Investments
Topic: 401k Allocating/Shielding and Time Horizons plus Circuit City
Replies: 2
Views: 139

Re: 401k Allocating/Shielding and Time Horizons plus Circuit City

Keep your AA one you can sleep well with, chuck your money in and forget about it.
by Tamarind
Sun Aug 20, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Quick question about deductibility of interest on refi to buy out co-owner
Replies: 0
Views: 52

Quick question about deductibility of interest on refi to buy out co-owner

I know that mortgage interest on amounts not borrowed for the purchase, maintenance, or renovation of a home after not considered deductible, unless they fall under the limit for home equity interest. If I do a single borrower cash out refi to pay a co-owner for their share of the home's FMV, am I c...
by Tamarind
Sun Aug 20, 2017 7:37 am
Forum: Investing - Theory, News & General
Topic: 21 AUG 2017 solar eclipse's effect on volume of USA stock market trading
Replies: 3
Views: 535

Re: 21 AUG 2017 solar eclipse's effect on volume of USA stock market trading

A little anecdata:. My fiancee and my parents and I will all be traveling and are taking time off from work. 1/2 of my fiancee's teammates at a large medical lab are taking time off Monday. Rate may be lower in other teams. At my medium software company 1/3 of my team is taking off, along with all o...
by Tamarind
Sun Aug 20, 2017 7:18 am
Forum: Investing - Help with Personal Investments
Topic: where do I put the proceeds of my house sale?
Replies: 14
Views: 1137

Re: where do I put the proceeds of my house sale?

Sorry if I missed it above but as a single person in the 15% bracket, are you able to max out your 401k and Roth IRA from cash flow? If not earmark some of that cash to enable you to do so (i.e increase your paycheck deductions and live off the cash you're holding). If you're already maxing them I t...
by Tamarind
Sun Aug 20, 2017 6:59 am
Forum: Investing - Help with Personal Investments
Topic: Seeking Non-Retirement Portfolio Help
Replies: 11
Views: 758

Re: Seeking Non-Retirement Portfolio Help

Thanks for adding this info, OP! Your retirement accounts are not especially messy, though they could stand to be bigger. The 2050 target fund is just fine. Now if you are settled on your AA (which doesn't match the 2050 fund at all...) you can get it for much cheaper by combining those institutiona...
by Tamarind
Sat Aug 19, 2017 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Any reason to refinance low balance mortgage?
Replies: 13
Views: 751

Re: Any reason to refinance low balance mortgage?

You might check out ThirdFederal. In my area they offer low-rate $295 fee refi's. I think their deal is low balance, high credit score mortgage refis. Thanks! Hadn't heard of these folks, but for my details their page suggests I would be offered 2.79% for a 10 year refi w/ $2900 in costs, or 3.59% ...
by Tamarind
Sat Aug 19, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Any reason to refinance low balance mortgage?
Replies: 13
Views: 751

Re: Any reason to refinance low balance mortgage?

in my experience talking to brokers 50k was the cut off so I think you can refi for 98k without issue. I would look for "no cost" a 10 yr or 15 yr should have a MUCH better rate right now. I would be thinking 3.5% or less maybe as low as 3% for a 10 yr Hm. I know this is extremely local. I see 3.8%...
by Tamarind
Sat Aug 19, 2017 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Any reason to refinance low balance mortgage?
Replies: 13
Views: 751

Re: Any reason to refinance low balance mortgage?

in my experience talking to brokers 50k was the cut off so I think you can refi for 98k without issue. I would look for "no cost" a 10 yr or 15 yr should have a MUCH better rate right now. I would be thinking 3.5% or less maybe as low as 3% for a 10 yr It really comes down to fees. In Tx likely not...
by Tamarind
Sat Aug 19, 2017 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Any reason to refinance low balance mortgage?
Replies: 13
Views: 751

Re: Any reason to refinance low balance mortgage?

I do itemize. 25% bracket. I thought no-cost just covered the cost by raising the rate? I see as low as 3.1% in my area with some costs. I've been hesitant to give enough info to see firm quotes as last time I was dogged by lenders calling for weeks.
by Tamarind
Sat Aug 19, 2017 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Any reason to refinance low balance mortgage?
Replies: 13
Views: 751

Any reason to refinance low balance mortgage?

I think I should just sit tight but wanted to see if anyone had other thoughts. I am in year 8 of a 15 year fixed at 4.375%. Remaining balance is $98k. Value of home per recent tax assessment is $212k. There are plenty of lower rates out there, up to 1% lower, but if I understand it right, lenders a...
by Tamarind
Sat Aug 19, 2017 6:19 am
Forum: Personal Finance (Not Investing)
Topic: 200k cash. How to invest while in medical school?
Replies: 8
Views: 1078

Re: 200k cash. How to invest while in medical school?

Assuming you are already using any tax advantaged retirement accounts, pay for school in cash. If not, pay yourself first, then pay for school in cash. If none are available because you have no earned income, pay for school in cash. Graduating medical school without debt is a gift that will let you ...
by Tamarind
Sat Aug 19, 2017 6:10 am
Forum: Personal Finance (Not Investing)
Topic: Pension Survivor Benefit or Life Insurance -teenage daughter
Replies: 24
Views: 1529

Re: Pension Survivor Benefit or Life Insurance -teenage daughter

I agree, you should give her some survivor benefit. I'm not worried about her losing will to work, but the value in the survivor benefit for her is mostly that it gives her a safe floor. 50% benefit should be fine if that's what makes sense. You should not take so much of a monthly cut that you woul...
by Tamarind
Sat Aug 19, 2017 5:58 am
Forum: Investing - Help with Personal Investments
Topic: Seeking Non-Retirement Portfolio Help
Replies: 11
Views: 758

Re: Seeking Non-Retirement Portfolio Help

Since you have a 28% tax bracket as a married couple, you may wish to reconsider not having taxable retirement savings. Tax-advantaged limits are likely insufficient to save enough to maintain your lifestyle at that income. If it's truly savings for a medium term life goal not yet identified, I reco...
by Tamarind
Sat Aug 19, 2017 5:44 am
Forum: Investing - Help with Personal Investments
Topic: Help crossing the finish line - Drawdown portfolio
Replies: 10
Views: 1196

Re: Help crossing the finish line - Drawdown portfolio

1.5M in 401K's (65% Total Stock Market, 15% Total International, 15% Total US Bond) 1.5M in taxable investments (85% Total Stock Market, 15% Total International Stock) 1.0M in taxable cash (CD ladders and money market) I am very heavy cash (using CDs as substitute for bonds). Anybody have suggestio...
by Tamarind
Thu Aug 17, 2017 6:15 am
Forum: Personal Consumer Issues
Topic: Bogleheads like PC Gaming?
Replies: 41
Views: 3724

Re: Bogleheads like PC Gaming?

Heck yes we play on PC - it's the frugal gamer's platform. ;) Fiancee also builds (and occasionally rebuilds) our rig as she enjoys that, and it amuses her to design beautiful builds that are also relatively cheap. Between the two of us we play Witcher, Civ, Path of Exiles (she says it's a great fre...
by Tamarind
Thu Aug 17, 2017 5:58 am
Forum: Personal Consumer Issues
Topic: Best place to find jobs and how to know the pay/benefits before applying?
Replies: 22
Views: 1472

Re: Best place to find jobs and how to know the pay/benefits before applying?

So usually you cannot know how much per hour they are paying and what type of benefits they are giving you? I don't want to apply to only reject the job offer. What if you are very wealthy and are very selective about the type of job and benefits that are provided? If you ask them before a first in...
by Tamarind
Wed Aug 16, 2017 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Next Steps: How to manage investing with various goals
Replies: 18
Views: 1450

Re: Help with Next Steps: How to manage investing with various goals

I would advise you to go ahead and sell them all. If you don't want an allocation to individual stocks, don't keep them, simple as that. I'd only advise differently if you couldn't afford to realize the gains all at once. But the tax on the gains is peanuts for you. The money cost of the time you ar...
by Tamarind
Wed Aug 16, 2017 7:13 am
Forum: Investing - Theory, News & General
Topic: Social Security for Millennials
Replies: 159
Views: 18163

Re: Social Security for Millennials

My own goal is FI well before normal retirement age (52-55). By that time that goal age arrives (2037), I should have much better information about not only the development of my own nest egg but also what ends up happening to SS law. But I already need a much higher savings rate in order to achieve...
by Tamarind
Tue Aug 15, 2017 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Plan for making child pay for part of college
Replies: 111
Views: 5221

Re: Plan for making child pay for part of college

I agree a kid should have skin in the game, and expectations set that a parent won't pay for any school at any price without reason, not pay more than they can afford without jeopardizing their own retirement. There are a lot of ways to do this. Mine told me they would pay 100% of costs for in-state...
by Tamarind
Tue Aug 15, 2017 5:47 am
Forum: Personal Consumer Issues
Topic: Best Housing To Avoid Noise
Replies: 57
Views: 4478

Re: Best Housing To Avoid Noise

I lived in a rural area when I was young with acres between me and nearest neighbors. Still had barking dogs, big rigs on the road, neighbor's target practice, and the dirt derby in the next county being funneled by the shape of the valley. :) Now I live in an urban neighborhood with 20 feet to neig...
by Tamarind
Tue Aug 15, 2017 5:38 am
Forum: Investing - Help with Personal Investments
Topic: Where to invest after maxing out, with a twist
Replies: 10
Views: 1513

Re: Where to invest after maxing out, with a twist

Thank you all for your input. It seems the opinions are either taxable account or save for potential down payment in a new location. Any thoughts on 1 versus the other? The other factor is that if we move and make our current residence a rental, then we would hire a management company which would e...
by Tamarind
Mon Aug 14, 2017 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: All in stocks: Where to go now?
Replies: 24
Views: 2194

Re: All in stocks: Where to go now?

You are learning that you are not as highly risk-tolerant as you thought. This is ok. It is best to realize it now rather than AFTER a major pullback.

Add an age-appropriate amount of a Total Bond Market fund (20%?), set your auto-rebalance, and ignore it for another 10 years.
by Tamarind
Mon Aug 14, 2017 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Are we house poor? [Property Tax Madness]
Replies: 79
Views: 7860

Re: Are we house poor? [Property Tax Madness]

Yes, do appeal the increase. I did this year after recieving an initial notification of 40% increase!! I had a very pleasant experience. I called the tax office up and said "listen, I think the increase is out of line because I haven't renovated my home" and the guy told me exactly what to write on...
by Tamarind
Mon Aug 14, 2017 6:17 am
Forum: Personal Finance (Not Investing)
Topic: buying a rental property vs investing more in stocks
Replies: 26
Views: 2760

Re: buying a rental property vs investing more in stocks

OP reads to me less like someone with a passion for landlording or even RE speculation, and more like someone with more cash than they know what to do with. Great problem to have, but if someone gave me $300k my response would not be to take on a part time job or $600k in debt. There are much simple...
by Tamarind
Mon Aug 14, 2017 6:09 am
Forum: Personal Consumer Issues
Topic: PSA - Mute button for Gas Station TV!
Replies: 22
Views: 2671

Re: Gas Station TVs are evil

FraggleRock wrote:
Mon Aug 14, 2017 3:58 am
My solution is to never patronize that station again.
You are eventually going to run out of places to fill up. Electric car? :twisted:
by Tamarind
Mon Aug 14, 2017 6:06 am
Forum: Investing - Help with Personal Investments
Topic: Where to invest after maxing out, with a twist
Replies: 10
Views: 1513

Re: Where to invest after maxing out, with a twist

Welcome to the forum! If you feel like you're likely to move, I'd save for the down payment rather than prepay the mortgage. You could also establish a taxable account for retirement, since you've exhausted tax-advantaged options. No rule that you can only have as much for retirement as fits in tax-...
by Tamarind
Mon Aug 14, 2017 5:51 am
Forum: Investing - Help with Personal Investments
Topic: SINGLE FUND for retirement
Replies: 11
Views: 2173

Re: SINGLE FUND for retirement

Welcome to the forum! All of those fund selections are basically fine, but they'll behave pretty differently due to the different amounts of bonds. You don't tell us your age or whether you've had past experience with investing losses. We also don't know what the AA for the rest of your savings are,...
by Tamarind
Mon Aug 14, 2017 5:33 am
Forum: Personal Finance (Not Investing)
Topic: What % of income to buy a car is not excessive?
Replies: 48
Views: 3260

Re: What % of income to buy a car is not excessive?

Personal preference. I probably wouldn't go above 10-15% of gross, as long as I could purchase with cash. Runner, I understand your sentiment and it is very prudent to be within that limit. But... The median new car (26K) costs about 50% of the median annual household income(52K). Even with the 3 m...
by Tamarind
Sun Aug 13, 2017 9:11 pm
Forum: Personal Finance (Not Investing)
Topic: Are we house poor? [Property Tax Madness]
Replies: 79
Views: 7860

Re: Are we house poor? [Property Tax Madness]

Yes, do appeal the increase. I did this year after recieving an initial notification of 40% increase!! I had a very pleasant experience. I called the tax office up and said "listen, I think the increase is out of line because I haven't renovated my home" and the guy told me exactly what to write on ...
by Tamarind
Sun Aug 13, 2017 7:24 pm
Forum: Personal Consumer Issues
Topic: Where to buy glasses for eclipse viewing ?
Replies: 64
Views: 4910

Re: Where to buy glasses for eclipse viewing ?

Good idea to "test" them beforehand. You should NOT be able to see anything - no light bulbs, no headlights, etc. - OTHER than the sun itself! While this is true, it's incomplete and I don't recommend using a pair of glasses you aren't sure about on the basis of this test. The important trait of ec...
by Tamarind
Sun Aug 13, 2017 11:21 am
Forum: Personal Consumer Issues
Topic: Where to buy glasses for eclipse viewing ?
Replies: 64
Views: 4910

Re: Where to buy glasses for eclipse viewing ?

Public libraries, museums, schools, and local astronomy clubs may still have stock to give away or sell. I would not purchase from Amazon unless it was directly from a reputable manufacturer's account (linked to from that company's website). I went through the AAS list of reputable sellers yesterday...
by Tamarind
Sun Aug 13, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Healthequity HSA
Replies: 9
Views: 864

Re: Healthequity HSA

My employer uses them. I'm guessing yours is also an employer plan as you'd otherwise have chosen a different provider. Yes, they charge an extra fee for access to VG funds (0.3% annual in my account). But in my account that fee gets me access to institutional shares of key funds - TSM, TBM etc. Co...
by Tamarind
Sun Aug 13, 2017 6:46 am
Forum: Investing - Help with Personal Investments
Topic: Healthequity HSA
Replies: 9
Views: 864

Re: Healthequity HSA

My employer uses them. I'm guessing yours is also an employer plan as you'd otherwise have chosen a different provider. Yes, they charge an extra fee for access to VG funds (0.3% annual in my account). But in my account that fee gets me access to institutional shares of key funds - TSM, TBM etc. Com...
by Tamarind
Sat Aug 12, 2017 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: buying a rental property vs investing more in stocks
Replies: 26
Views: 2760

Re: buying a rental property vs investing more in stocks

Taxable or more prepayments on your own mortgage. Next time you are tempted, imagine that you are buying in late 2006.
by Tamarind
Sat Aug 12, 2017 5:19 pm
Forum: Personal Consumer Issues
Topic: What home task(s) are worth learning to do yourself?
Replies: 46
Views: 4589

Re: What home task(s) are worth learning to do yourself?

We do our own painting. Minor plumbing like toilet guts replacement and clearing drains at the elbow joints. Caulking tubs and showers as required Regrouting tile Clearing gutters that don't require getting on the roof Lawn mowing, minor tree trimming, planting, weeding Staining sealing decks and o...
by Tamarind
Sat Aug 12, 2017 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Health Savings Account
Replies: 37
Views: 3622

Re: Health Savings Account

mervinj7 wrote:I keep one year's worth of deductible as cash in the HSA and invest the rest according to my AA.
+1
by Tamarind
Sat Aug 12, 2017 7:59 am
Forum: Personal Consumer Issues
Topic: How far would you travel to see The Eclipse?
Replies: 149
Views: 7324

Re: How far would you travel to see The Eclipse?

I'll be traveling about 4 hours each way (250 miles). I live in a 90%+ area and could see totality closer but my dad and uncle and fiancee and I are all nerds for naked eye astronomy (usually only possible at night!) and uncle lives very close to the totality center line. So he's hosting a party and...
by Tamarind
Sat Aug 12, 2017 7:42 am
Forum: Personal Consumer Issues
Topic: Big family, small house dilemma -- kid bedrooms in basement?
Replies: 23
Views: 2472

Re: Big family, small house dilemma -- kid bedrooms in basement?

Were it me I'd definitely move the kids downstairs but see if I could reduce the cost by leaving the garage alone. Any alterations for the kids are unlikely to add to resale nor to livability as they move out, at least not for me since I don't care about a garage but would hate a space chopped into ...
by Tamarind
Fri Aug 11, 2017 6:44 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house as a student
Replies: 27
Views: 1323

Re: Buying a house as a student

No no no no no! Don't worry about building equity right now. Worry about your education. Buy with your fiancee once you've graduated, and you both have jobs in the same area and know what your income will be, and you've saved a down payment together. For most amateurs, renting out a home is a money-...
by Tamarind
Fri Aug 11, 2017 5:53 am
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 90
Views: 6002

Re: What Percentage CASH are you?

Excluding EF and short term savings: around 1% due to the cash holdings of my mutual funds. No direct allocation to cash, and I don't hold "powder" in any of my accounts. All incoming transfers are set to auto-purchase in line with my AA and all distributions are auto-reinvested. Including EF and sh...
by Tamarind
Thu Aug 10, 2017 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: New to investing, any portfolio advice (Roth IRA) is much appreciated!
Replies: 13
Views: 983

Re: New to investing, any portfolio advice (Roth IRA) is much appreciated!

Just a bit of advice on your Robinhood account from someone who was in your shoes two years ago. Sell the individual stocks if you think they should be sold. Go ahead and do it, don't wait for them to break even because they may never do so. This psychological trap is called "anchoring". Read up and...
by Tamarind
Thu Aug 10, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: Why shouldn't I buy a Google Pixel through Verizon?
Replies: 12
Views: 1081

Re: Why shouldn't I buy a Google Pixel through Verizon?

+1 to bloatware and other proprietary nonsense. I bought my phone from Verizon and took it to Cricket. Yes it is unlocked, but every time it reboots it reminds me that the SIM card is not from Verizon, makes me sit through the Verizon load screen etc. +1 to termination fees. If a contract is require...
by Tamarind
Thu Aug 10, 2017 10:47 am
Forum: Personal Consumer Issues
Topic: Gaming laptop vs gaming pc for AAA hi-end graphics games?
Replies: 49
Views: 2355

Re: Gaming laptop vs gaming pc for AAA hi-end graphics games?

Fiancee and I have similar taste in games to you, OP. We went with desktop for a few reasons: 1) Little need for mobility when playing serious games. How often do you think you would actually take the laptop somewhere vs setting it on the desk in your home. 2) Fiancee adores building and upgrading a...
by Tamarind
Thu Aug 10, 2017 9:49 am
Forum: Personal Finance (Not Investing)
Topic: I pay $6K in rent. Am I an idiot for not buying?
Replies: 50
Views: 6374

Re: I pay $6K in rent. Am I an idiot for not buying?

You have the income to do whatever you want. Unless you've always wanted to buy I wouldn't bother. Stay flexible and save lots. I am showing this thread to my kids. :thumbsup And you can tell them it's coming from someone who did buy a house at 24 and fully intends to stay there for life. It's not ...
by Tamarind
Thu Aug 10, 2017 4:38 am
Forum: Personal Finance (Not Investing)
Topic: I pay $6K in rent. Am I an idiot for not buying?
Replies: 50
Views: 6374

Re: I pay $6K in rent. Am I an idiot for not buying?

You have the income to do whatever you want. Unless you've always wanted to buy I wouldn't bother. Stay flexible and save lots.
by Tamarind
Wed Aug 09, 2017 6:31 am
Forum: Investing - Help with Personal Investments
Topic: Forced Early Retirement - Advice Sought
Replies: 32
Views: 4443

Re: Forced Early Retirement - Advice Sought

Yep, sell the RV now and get ready to downsize soon. Consider downsizing to a rental rather than buying a smaller place. You need to reduce debt but need to do it without burning assets paying it off, which leaves selling. If you reduce your obligations this way and free up your home equity you shou...
by Tamarind
Wed Aug 09, 2017 5:59 am
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 16285

Re: Life at crossroads. What would you do ?

Luckily you have an enormous nestegg. You can sustain an extended period of job searching. Also luckily, you don't have to find a job making anything like what you used to. You only need $50k gross at the most to plug that hole. You appear to have a pretty broad skillset. I think you can find a lowe...
by Tamarind
Sun Aug 06, 2017 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Can We Afford This House?
Replies: 11
Views: 1261

Re: Can We Afford This House?

I would advise that you either sell the townhouse or wait a couple more years before buying.
by Tamarind
Sun Aug 06, 2017 7:50 am
Forum: Personal Consumer Issues
Topic: Love your family car? Under $16,000 Used? Please share!
Replies: 39
Views: 4301

Re: Love your family car? Under $16,000? Please share!

Toadandfriends wrote:I've had a great experience with my Hyundai Elantra, almost a decade of driving it and no problems.
+1 A very nice hatchback that should fit the price range if bought lightly used.
by Tamarind
Sat Aug 05, 2017 8:27 am
Forum: Personal Consumer Issues
Topic: [SOLVED] VG Account Compromised: Please Advise
Replies: 30
Views: 2578

Re: VG Account Compromised: Please Advise

On the subject of difficult to guess passwords, note that length is the single most important factor. A list of random words to 20 or 30 characters long with only letters is more secure than 8-10 characters of gibberish. Just make sure the words are random and not a coherent phrase that would appear...