Search found 325 matches

by anoop
Thu Mar 23, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Vehicles as a percentage of net worth
Replies: 100
Views: 3961

Re: Vehicles as a percentage of net worth

Dave Ramsey uses one where the value of all the stuff you own with motors in it (cars, boats, recreational vehicles, motorcycles etc) total up to no more than 1/2 of your annual income. I think the value of that rule is that all of that stuff is going down in value and assuming you want to maintain...
by anoop
Thu Mar 23, 2017 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Vehicles as a percentage of net worth
Replies: 100
Views: 3961

Re: Vehicles as a percentage of net worth

If I am going to buy a $50k, after 30 years, it will be worth (for example) $zero. I wouldn't count it as net worth. I generally buy new car and drive it into the ground. The net worth proponents in this discussion are talking about their net worth excluding the vehicle in many cases. By that metri...
by anoop
Thu Mar 23, 2017 3:25 am
Forum: Investing - Theory, News & General
Topic: The $1,124,176 Car.
Replies: 79
Views: 5642

Re: The $1,124,176 Car.

The numbers can be massaged in a limitless manner, but the main point is indisputabl. For the majority of Americans, cars are the greatest destroyer of personal net worth in our economic system. What about healthcare, or shall I call it sickcare? There are so many "wealth destroyers" incl...
by anoop
Thu Mar 23, 2017 3:03 am
Forum: Investing - Theory, News & General
Topic: The $1,124,176 Car.
Replies: 79
Views: 5642

Re: The $1,124,176 Car.

If people spent money only on food, clothing, shelter, and basic transportation, where is the 7% real stock market return going to come from in a free market / capitalist system? By charging more for food, clothing, shelter, and basic transportation. By carefully engineering the quality out of ever...
by anoop
Wed Mar 22, 2017 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Should we participate in ESPP?
Replies: 16
Views: 1126

Re: Should we participate in ESPP?

I think it simplifies tax stuff to sell at ML since they have records of the purchase price and sell price, so you'll just have to refer to one statement when doing taxes.
by anoop
Wed Mar 22, 2017 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Should we participate in ESPP?
Replies: 16
Views: 1126

Re: Should we participate in ESPP?

The difference in those fees is noise. Do what is more convenient/simple.

For me, I would sell at ML, get a check and deposit it wherever.
by anoop
Tue Mar 21, 2017 4:03 pm
Forum: Personal Consumer Issues
Topic: Do I need new tires?
Replies: 25
Views: 1006

Re: Do I need new tires?

Definitely get new tires. At 2/32 your stopping distances are probably 1.5x to 2x what they would be with good tires. So it's really a safety issue. You should be able to get replacements for MUCH less than $550. Check tirerack.com for your car and you'll see various choices including reviews. You c...
by anoop
Tue Mar 21, 2017 1:24 am
Forum: Investing - Theory, News & General
Topic: the important asset that many fail to consider in portfolio construction/allocation
Replies: 9
Views: 1639

Re: the important asset that many fail to consider in portfolio construction/allocation

The two biggest unknowns for me with financial planning are health followed by employability. I have seen enough instability in both areas to know that financial planning for me is really a coin toss. There is no way I can plan for every possible outcome. I am always amazed by, and perhaps a little ...
by anoop
Tue Mar 21, 2017 12:59 am
Forum: Personal Consumer Issues
Topic: When does a new computer make sense...
Replies: 27
Views: 1654

Re: When does a new computer make sense...

I recently upgraded from a 2010 13" MBP to a mid 2016 non-touch-bar 13" MBP. The main reason for the upgrade was the laggy performance of the old machine (could take several seconds to start an app like, e.g. skype), but also it would get hot and the fan would turn on a lot, probably becau...
by anoop
Tue Mar 21, 2017 12:35 am
Forum: Personal Finance (Not Investing)
Topic: Advice: Overextending by buying? How much house to buy?
Replies: 54
Views: 4011

Re: Advice: Overextending by buying? How much house to buy?

Side note: All this "employer housing assistance" is nuts. If employers keep doing this they aren't really doing much of a service because all the subsidy does is continue to inflate local property values to the point where more and more subsidy is needed. Shooting themselves in the foot ...
by anoop
Tue Mar 21, 2017 12:11 am
Forum: Personal Finance (Not Investing)
Topic: Paying $20 to E-File State Return
Replies: 75
Views: 10586

Re: Paying $20 to E-File State Return

DetroitRick wrote:On the bright side, this thread dates back to 2011 - at least that $20 hasn't increased :sharebeer .


Don't give Intuit any ideas. Or they'll turn into Comcast that charges you more per Mbps when the cost is actually dropping!!
by anoop
Sun Mar 19, 2017 11:52 pm
Forum: Investing - Help with Personal Investments
Topic: "Don't time the market" vs. "Buy low, sell high"
Replies: 69
Views: 4749

Re: "Don't time the market" vs. "Buy low, sell high"

This exert from Random Walk is what would keep me from doing this: "Because there is a long-term uptrend in the stock market, it can be very risky to be in cash. An investor who frequently carries a large cash position to avoid periods of market decline is very likely to be out of the market d...
by anoop
Sun Mar 19, 2017 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: "Don't time the market" vs. "Buy low, sell high"
Replies: 69
Views: 4749

Re: "Don't time the market" vs. "Buy low, sell high"

This exert from Random Walk is what would keep me from doing this: "Because there is a long-term uptrend in the stock market, it can be very risky to be in cash. An investor who frequently carries a large cash position to avoid periods of market decline is very likely to be out of the market d...
by anoop
Fri Mar 17, 2017 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: How long to keep previous years Income tax returns????
Replies: 63
Views: 5307

Re: How long to keep previous years Income tax returns????

I have kept all years for the turbotax pdf version on a backup harddrive. Is that where people are storing them? Instead of a backup harddrive, I'm thinking of storing them in the cloud now. either dropbox or google drive. Anyone store them there? just wondering of security if somehow someone got h...
by anoop
Fri Mar 17, 2017 1:30 pm
Forum: Personal Consumer Issues
Topic: Suspicious organic products
Replies: 96
Views: 4722

Re: Suspicious organic products

First off, I would ignore all the people who will advise you that buying organic is a waste of money. Now that Roundup is being classed as a health hazard, I'd prefer to eat food that hasn't been (over)dosed with pesticide. To each his own. For those complaining about the cost of organic food, I ha...
by anoop
Thu Mar 16, 2017 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Should I invest or save for the next few years
Replies: 14
Views: 1011

Re: Should I invest or save for the next few years

Overall, my short-term risk tolerance is very low so I think I'll keep the vast majority in high-interest accounts and check out some alternatives like the TIPS mentioned above, but maybe throw a few grand into the market to get my feet wet with investments not necessarily geared toward retirement....
by anoop
Thu Mar 16, 2017 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Should I invest or save for the next few years
Replies: 14
Views: 1011

Re: Should I invest or save for the next few years

My question is, what should I do with the 82k I have laying around? My plan was to split it up into a couple of high-APY savings accounts (50k in a local bank that will give me 2% interest on balances up to that amount, and the rest at 1% interest at Ally). I’m still losing a little to inflation, b...
by anoop
Wed Mar 15, 2017 12:41 pm
Forum: Personal Consumer Issues
Topic: Laundry lifestyle creep
Replies: 59
Views: 9049

Re: Laundry lifestyle creep

Miele and Asko machines both have internal heaters that are capable of heating the water. Miele IIRC will heat it up to 165 celcius while Asko is even higher. I could cook pasta in those washers! Ha. As corrected by Earl Lemongrab, that should be Fahrenheit, not Celcius. So you'd get soggy pasta! (...
by anoop
Tue Mar 14, 2017 6:19 pm
Forum: Investing - Theory, News & General
Topic: Shiller says market is "way overpriced" - what a shocker
Replies: 34
Views: 4162

Re: Shiller says market is "way overpriced" - what a shocker

At some point, prices really have to matter. They mattered to Bogle in the late 90s, and he took action based upon that. This fact is well documented. Do you have a pointer? Thanks. I really don't know what you're asking. Please clarify. Looking for a link to a story that talks about what you menti...
by anoop
Tue Mar 14, 2017 1:02 pm
Forum: Investing - Theory, News & General
Topic: Shiller says market is "way overpriced" - what a shocker
Replies: 34
Views: 4162

Re: Shiller says market is "way overpriced" - what a shocker

azanon wrote:At some point, prices really have to matter. They mattered to Bogle in the late 90s, and he took action based upon that. This fact is well documented.


Do you have a pointer? Thanks.
by anoop
Tue Mar 14, 2017 12:22 am
Forum: Personal Consumer Issues
Topic: How many pairs of jeans do you own?
Replies: 64
Views: 3523

Re: How many pairs of jeans do you own?

Did you just read that Marie Kondo book? I used to keep clothes until they got too worn or stained or I ran out of room to store them. Then I purged. Now I have an in/out rule, i.e., if I buy a new article of clothing, I have to get rid of an old article of clothing. Marie Kondo is awesome! Until I...
by anoop
Sat Mar 11, 2017 1:44 am
Forum: Personal Consumer Issues
Topic: Use cellphone tethering instead of home internet?
Replies: 24
Views: 1490

Re: Use cellphone tethering instead of home internet?

With Comcast, make sure you're on a promotional rate at all times. Comcast Performance (25 Mbps), not Performance Starter, can be had for $29.99/month. I find sending them a message via Facebook works well. How do you do that? Once you've been a customer, they don't seem to offer promotional pricin...
by anoop
Sat Mar 11, 2017 1:42 am
Forum: Personal Consumer Issues
Topic: Use cellphone tethering instead of home internet?
Replies: 24
Views: 1490

Re: Use cellphone tethering instead of home internet?

I think it's just a matter of time before wired high-speed data, like wired phone service, goes the way of the dodo. And this is because the wired folks are overcharging for service. Comcast, e.g., has been increasing my bill ever so slowly. Why? The cost per Mbit goes DOWN with time, not up. The sc...
by anoop
Fri Mar 10, 2017 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Are we ready to buy a house? What should our price range be?
Replies: 56
Views: 3791

Re: Are we ready to buy a house? What should our price range be?

Now in 2014, the median value for the US was 2.43. In 2017 it is 3.26. So as you can tell more and more people are stretching affordability and this probably has to do with banks relaxing lending standards which in turn pushes house prices up. Assuming these numbers aren't solely with respect to ne...
by anoop
Fri Mar 10, 2017 2:59 am
Forum: Personal Finance (Not Investing)
Topic: Are we ready to buy a house? What should our price range be?
Replies: 56
Views: 3791

Re: Are we ready to buy a house? What should our price range be?

I have some thoughts on affordability here: http://anoopsplace.blogspot.com/2010/08/useful-rules-of-thumb-for-home-buying.html Just forgetting for a minute about any investments & down payment or other money, the general rule of thumb is to buy a house that is no more than 2.5 to 3.5 times annua...
by anoop
Thu Mar 09, 2017 8:23 pm
Forum: Personal Consumer Issues
Topic: modular furniture -- waybasics, modroomz, ...?
Replies: 2
Views: 316

modular furniture -- waybasics, modroomz, ...?

I was looking for some modular shelving to use for various functions -- shelving for clothes, charging stand for electronic devices, media stand for a small system, etc. I was looking for something lightweight and easy to put together, and something that doesn't need to be attached to the wall for s...
by anoop
Wed Mar 08, 2017 5:56 pm
Forum: Personal Consumer Issues
Topic: 2017 Honda Civic not recommended by Consumer reports
Replies: 44
Views: 5193

Re: 2017 Honda Civic not recommended by Consumer reports

I don't know how accurate they are, but now they rate Audi & BMW higher than Honda for reliability!
http://www.consumerreports.org/car-reli ... -stack-up/

If you care about those ratings, maybe better to get a Toyota.
by anoop
Mon Mar 06, 2017 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Too much house to buy in cash?
Replies: 14
Views: 1566

Re: Too much house to buy in cash?

Wouldn't the 2.5x income fall apart when you have a lot of cash? What if instead of $730k they had $7.3 million in cash with a $250k income? Another factor would be if the $730k includes their Emergency Fund and their checking account. A new house will need more stuff, new furniture, paint, fixes, ...
by anoop
Mon Mar 06, 2017 10:19 pm
Forum: Personal Consumer Issues
Topic: Car engines. Turbo vs no turbo
Replies: 68
Views: 4673

Re: Car engines. Turbo vs no turbo

This topic was talked about quite a bit earlier this year in this thread, https://www.bogleheads.org/forum/viewtopic.php?t=210951 Turbo vehicles have a lot of time over in Europe and other countries. Companies are going to turbo 4 cylinder engines to keep up with the CAFE rules. Subaru has a variet...
by anoop
Mon Mar 06, 2017 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Too much house to buy in cash?
Replies: 14
Views: 1566

Re: Too much house to buy in cash?

I know there are some general guidelines for income requirements for buying a home with a mortgage, but I have no idea what a "rule of thumb" would be for buying a home with cash. The home is $690K. Is this too much to spend? My assets include: $730K in cash 400K pre-tax retirement index ...
by anoop
Mon Mar 06, 2017 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Poll: For those 20 yrs away from retirement, what is your current asset allocation and future changes?
Replies: 33
Views: 1815

Re: Poll: For those 20 yrs away from retirement, what is your current asset allocation and future changes?

I'm 46. I have no idea how far I am from retirement. I plan to work for as long as I'm able hopefully doing only things I'm passionate about. I'm close to all cash mostly because that is what I am comfortable with. I missed out big on the rally since 2009.
by anoop
Mon Mar 06, 2017 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you spend on food in a year?
Replies: 155
Views: 6882

Re: How much do you spend on food in a year?

livesoft wrote:I think good healthy food is inexpensive because less people have touched it to get it to your table. I eat fish maybe 3 or 4 times a week.


It is actually more expensive because it is perishable.
by anoop
Sun Mar 05, 2017 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Windfall: should we pay cash for ~$1.3M home?
Replies: 96
Views: 5036

Re: Windfall: should we pay cash for ~$1.3M home?

OP here. Gosh, seems like I really touched a nerve here and the consensus is that the only possible reason for staying in the Bay Area with $130k household income is sheer insanity. I respect that opinion, and I completely understand how that could seem crazy to someone else. So I guess I need to e...
by anoop
Sun Mar 05, 2017 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Windfall: should we pay cash for ~$1.3M home?
Replies: 96
Views: 5036

Re: Windfall: should we pay cash for ~$1.3M home?

We did not receive a $1.3M windfall. We received roughly $600k. Our parents, who live near us, know how much we love the Bay Area, and they have a compelling interest to keep us nearby (we get along really well - and my parents and my wife's parents miraculously get along great with each other and ...
by anoop
Sun Mar 05, 2017 2:03 am
Forum: Personal Finance (Not Investing)
Topic: Windfall: should we pay cash for ~$1.3M home?
Replies: 96
Views: 5036

Re: Windfall: should we pay cash for ~$1.3M home?

My personal take. Since the OP's cash flow wouldn't allow them to buy a 1-1.2M home without the windfall, it is safer not to buy it. It might work out in the long run, but it may also not.
by anoop
Wed Mar 01, 2017 9:22 pm
Forum: Investing - Theory, News & General
Topic: How to Rebalance with Rate Hikes Looming
Replies: 49
Views: 8948

Re: How to Rebalance with Rate Hikes Looming

According to the Ivy Portfolio, stocks are a BUY and bonds a SELL!
https://www.advisorperspectives.com/dsh ... nd-preview
by anoop
Wed Mar 01, 2017 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: I bond ladder
Replies: 16
Views: 1602

Re: I bond ladder

I have read before about bonds ladder in general, but what I am thinking about now is I bond ladder instead. I am thinking of moving (gradually) the emergency money at my 1% APY saving account (and any money I am saving for any mid-term goal) to a I bonds. Whenever I need some cash, I can sell the ...
by anoop
Wed Mar 01, 2017 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Where to go when stocks, bonds overpriced
Replies: 53
Views: 4928

Re: Where to go when stocks, bonds overpriced

Honestly, I thought the market was over valued at 12000, and then at 14000, 16000, 17000, 18000 and 20000. But I am glad I didn’t make any move. My strategy is that every time I get tempted to change my allocation, I come to this site and read some questions and comments, similar to this one, and c...
by anoop
Tue Feb 28, 2017 11:01 am
Forum: Personal Consumer Issues
Topic: Macbook Pro 15 (2016 Model): Worth the Upgrade?
Replies: 8
Views: 525

Re: Macbook Pro 15 (2016 Model): Worth the Upgrade?

You might benefit from from discussing this at macrumors. My general thinking is that the good life of a laptop is 3-5 years, close to 3 if you're a power user. I updated from a 2010 13" to a 2016 non touch bar 13" and it was a huge upgrade for me. That was because I never liked the older ...
by anoop
Wed Feb 22, 2017 12:53 am
Forum: Investing - Theory, News & General
Topic: For people who think the market is going to crash, where along the continuum are we?
Replies: 117
Views: 10619

Re: For people who think the market is going to crash, where along the continuum are we?

according to these charts: https://www.advisorperspectives.com/dshort/updates/2017/02/01/the-q-ratio-and-market-valuation-january-update we are somewhere in the mid-90's. so plenty of room. and no reason to believe the overvaluation won't persist longer and harder this time. why? the fed is not goin...
by anoop
Tue Feb 21, 2017 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: Another advice thread
Replies: 3
Views: 401

Re: Another advice thread

$1M salary and private equity investments?? I need to get advice from you! i will answer the easy ones to the best of my ability. #1 - yes that's the general thinking. #2 - i don't think it makes a difference. fidelity may have a branch near you so you can get free coffee/water once in a while. :D #...
by anoop
Mon Feb 20, 2017 11:32 pm
Forum: Investing - Theory, News & General
Topic: A note of caution from Robert Shiller
Replies: 66
Views: 9834

Re: A note of caution from Robert Shiller

Just being real here about the thousands of comments I have read here when someone starts talking about timing the market.No big deal. The problem with market timing is that the evidence seems to strongly suggest that it's counterproductive. I think that this might be due to the way most who practi...
by anoop
Mon Feb 20, 2017 10:58 pm
Forum: Investing - Theory, News & General
Topic: A note of caution from Robert Shiller
Replies: 66
Views: 9834

Re: A note of caution from Robert Shiller

There are a lot of posters here who believe that you always just invest everything,no matter what has gone on in the market.It is always a great time to invest because it is a major offense to ever think of timing the market.That is one way to look at the world but there are others. Well that's the...
by anoop
Mon Feb 20, 2017 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Should we purchase a $1 Million dollar home with all cash?
Replies: 43
Views: 5283

Re: Should we purchase a $1 Million dollar home with all cash?

The other option, now that you have increased cash and cash flow, is finding a better RENTAL property (not a property that the OP purchased for rental...) that is more expensive than current but meets your needs to live in. Invest the rest-- since OP didn't say that they would retire there. The pro...
by anoop
Mon Feb 20, 2017 11:10 am
Forum: Personal Finance (Not Investing)
Topic: Should we purchase a $1 Million dollar home with all cash?
Replies: 43
Views: 5283

Re: Should we purchase a $1 Million dollar home with all cash?

Invest the 1.5m, move to the midwest, purchase a 250K home that will be 3x bigger than the 1m home in the bay area. Live happily ever after. How many startups get acquired in the mid-west relatively speaking? How many people move to the Bay Area hoping to make it big and end up being worse off? The...
by anoop
Fri Feb 17, 2017 3:18 pm
Forum: Personal Consumer Issues
Topic: How long do you keep your kitchen sponge?
Replies: 44
Views: 3617

Re: How long do you keep your kitchen sponge?

I change it every week or so (no washing, just discard the old one), but this discussion makes me wonder if I'm using it too long.
by anoop
Thu Feb 16, 2017 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Do we need an agent to buy a home?
Replies: 18
Views: 1279

Re: Do we need an agent to buy a home?

+1 to finding an agent that will agree to give you a rebate on commission. Agents and the brokers they work for typically don't like to do this, as you can imagine, but if you look hard enough you should be able to find someone. Google hungry agents, there's a website. Redfin agents seem to charge ...

Go to advanced search