Search found 1935 matches

by bloom2708
Thu May 25, 2017 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Could you sanity check my plan so far?
Replies: 7
Views: 606

Re: Could you sanity check my plan so far?

I am considering the following: Lazy Option 401k Plan: Fidelity Advisor Freedom 2045 I (FFFIX) Roth: Vanguard LifeStrategy Moderate Gr Inv (VSMGX) Less Lazy 401k Plan ------------------- 55% Fidelity 500 Index Premium (FUSVX) 15% Fidelity International Index Premium (FSIVX) 35% Fidelity US Bond Ind...
by bloom2708
Thu May 25, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Debit card and 529
Replies: 3
Views: 322

Re: Debit card and 529

I do not think the payment method will factor into the 529 reimbursement request being qualified. Reading on our 529 website, the expense itself (laptop computer) has to be qualified. What are qualified higher education expenses? Qualified higher education expenses can include tuition, mandatory fee...
by bloom2708
Thu May 25, 2017 11:08 am
Forum: Personal Consumer Issues
Topic: Worth it to Refinance?
Replies: 9
Views: 350

Re: Worth it to Refinance?

$193 x 12 = 2,316 That money is just disappearing. You have a boat full of debt (another topic altogether), but I would likely do whatever it takes to get rid of PMI in your situation. Even if your closing costs are $2,000, that is one year of PMI. Years 2-X can be used to pay down on your other debt.
by bloom2708
Thu May 25, 2017 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Help my wife choose her retirement allocation
Replies: 14
Views: 599

Re: Help my wife choose her retirement allocation

It might have been stated, but match dollars do not count toward your $18k limit. If you put in $13k and they match $5k, that totals $18k, but you could still put in another $5k. My company matches 50%. I put in $18k, they put in $9k. The match does count toward the overall $53k maximum pre/post tax.
by bloom2708
Thu May 25, 2017 10:38 am
Forum: Personal Consumer Issues
Topic: best way to buy tires
Replies: 31
Views: 1183

Re: best way to buy tires

Wow ... im getting 30k miles out of my tires and i take care of them ... im suprised the michelines are getting north of 75k and 90k on them ... that's amazing Hard rubber. I took a set of Michelins off a vehicle with lower profile tires. The ride was so harsh due to the hardness required to get a ...
by bloom2708
Thu May 25, 2017 9:55 am
Forum: Personal Consumer Issues
Topic: best way to buy tires
Replies: 31
Views: 1183

Re: best way to buy tires

I buy sets of 4 with free shipping on eBay. I have them mounted/balanced at a local small place that charges ~$15/tire to mount/balance. I know the size and type of tire I want and sift through all the different sellers selling that size/brand. Some do a "make offer" to get the price even ...
by bloom2708
Thu May 25, 2017 9:18 am
Forum: Investing - Help with Personal Investments
Topic: House Down Payment vs Retirement
Replies: 4
Views: 469

Re: House Down Payment vs Retirement

Where are you sleeping/relaxing/eating/living now? You "feel" behind in retirement savings. To help that, you want to buy an house with a 30 year mortgage that will bring with it sizable expenses, repairs, maintenance, insurance, upgrades, furniture, lawn care, etc. The "American Drea...
by bloom2708
Thu May 25, 2017 9:08 am
Forum: Personal Finance (Not Investing)
Topic: using Roth IRA for downpayment
Replies: 5
Views: 561

Re: using Roth IRA for downpayment

The interpretation is "I (we) do not want to be patient and save 20% plus expenses for the down payment". You want a house and you need a down payment. Taking the money from your Roth will set your retirement goals back. You can get a 401k loan + clean out your Roth. Your future self is :a...
by bloom2708
Thu May 25, 2017 8:36 am
Forum: Personal Consumer Issues
Topic: Suits: best bang for your buck?
Replies: 32
Views: 2803

Re: Suits: best bang for your buck?

Bought on one on Groupon when I ended up with a 50% off coupon, cost me $30. The suit ordered did not have finished pants, finally had my wife take care of that. The suit is, as expected, cheap, but passable. It is very thin and I don't expect it to last very long, but for an occasional use, it wou...
by bloom2708
Wed May 24, 2017 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Guidance needed, at a crossroads in my current job.
Replies: 9
Views: 819

Re: Guidance needed, at a crossroads in my current job.

The combo of low salary, not great benefits and no retirement benefits would be enough to move on.

1 of 3, but all 3, time to start looking.
by bloom2708
Wed May 24, 2017 7:39 pm
Forum: Personal Consumer Issues
Topic: Should I drink or sell my Pappy 12 year?
Replies: 32
Views: 3318

Re: Should I drink or sell my Pappy 12 year?

How much is it worth?

Drink if under 250. Over that I might have to think on it.
by bloom2708
Wed May 24, 2017 4:07 pm
Forum: Personal Consumer Issues
Topic: Suits: best bang for your buck?
Replies: 32
Views: 2803

Re: Suits: best bang for your buck?

I don't wear suits much anymore (wedding/funeral). I've been tempted to buy one of these featured on groupon.com https://www.groupon.com/deals/gg-braveman-mens-slim-fit-2-piece-suits-4 https://www.groupon.com/deals/gg-mundo-uomo-mens-2pc-slim-fit-suits If you search for "Men's Suits" on Gr...
by bloom2708
Wed May 24, 2017 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate tax benefit of owning a home
Replies: 28
Views: 1376

Re: How to calculate tax benefit of owning a home

What tax benefit? Your mortgage costs you 4%, you are in the 15% tax bracket. So, the government is giving you 15 cents back on every dollar you borrow. All it is really is an incentive, but a benefit? The one who is benefiting is the lender who's cost of capital is much much lower than the rate th...
by bloom2708
Wed May 24, 2017 10:52 am
Forum: Personal Consumer Issues
Topic: advice on hvac replacement decision
Replies: 12
Views: 914

Re: advice on hvac replacement decision

Based on your last sentence, I would vote for #1. Bare minimum. Moving to a 16 or 18 SEER system with 2 stage AC/Furnace can be a good upgrade from a comfort perspective. Our new Lennox 2 stage AC (16 SEER)/Furnace (98%) runs at stage 1 most of the time. You cannot tell it is running. If needed it k...
by bloom2708
Wed May 24, 2017 10:38 am
Forum: Investing - Help with Personal Investments
Topic: VDAIX in taxable account
Replies: 1
Views: 170

Re: VDAIX in taxable account

Both are not needed. 100% overlap with the Total US Stock index fund.

Better to buy more of the Total US Stock (VTSAX) in my opinion.

The Dividend fund has a higher Expense Ratio and lower Yield. 188 stocks vs. 3,575.
by bloom2708
Tue May 23, 2017 7:59 pm
Forum: Personal Consumer Issues
Topic: Help choose company service gift [choice made!]
Replies: 31
Views: 1796

Re: Help choose company service gift

The Bose Solo 5 will go nicely with a new future TV.

That is my vote.
by bloom2708
Tue May 23, 2017 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: After tax money in 401k rolled over to IRA in 2004
Replies: 8
Views: 352

Re: After tax money in 401k rolled over to IRA in 2004

When I did this several years ago, the Pre-Tax portion went to a Rollover (Traditional) IRA. The Post-Tax (Roth) went to my Roth IRA. Two checks/transfers.

Can pre and post tax funds be co-mingled into a Traditional IRA? I'm not sure how best to unravel what happened.
by bloom2708
Tue May 23, 2017 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Contribution pre/post/Roth?
Replies: 20
Views: 1062

Re: Contribution pre/post/Roth?

Pre-tax 401k if you are in the 25% or above tax bracket. Pay the tax "later". You immediately lower your Adjusted Gross Income (AGI). It takes ~$30k of pre-tax salary to put $18k into your Roth 401k. When you factor in all the taxes that are paid to get your "net" $18k to invest....
by bloom2708
Tue May 23, 2017 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone tried to negotiate tuition discount with a lumpsum cash payment?
Replies: 15
Views: 1416

Re: Has anyone tried to negotiate tuition discount with a lumpsum cash payment?

There will not be much/any incentive to discount for cash payment. Tuition is due when it is due. The student/payer can have cash, obtain a student loan, get money from 529. The student is enrolled and must pay or not attend. All payment options result in the tuition being paid when due. Are you say...
by bloom2708
Tue May 23, 2017 11:28 am
Forum: Personal Consumer Issues
Topic: Summer outdoor parties - party food ideas
Replies: 20
Views: 1552

Re: Summer outdoor parties - party food ideas

Get a nice, big, lean pork tenderloin.

Charcoal grill it on low/indirect heat for 1:45 with your favorite charcoal.

Slice it thin and make sandwiches with Gorgonzola cheese (or put it on crackers with the same cheese).

:beer
by bloom2708
Tue May 23, 2017 11:02 am
Forum: Investing - Help with Personal Investments
Topic: Help Figuring Out Asset Allocation
Replies: 7
Views: 534

Re: Help Figuring Out Asset Allocation

Welcome. The enemy of any plan is perfection. pkcrafter hit on many keys points. 80/20 stocks to bonds. Start with a 3 fund style portfolio (Total US Stocks, Total International Stocks and Total US Bond) and work to replicate that pattern in your various accounts with as broad based index funds as y...
by bloom2708
Tue May 23, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: Tea recommendations
Replies: 10
Views: 970

Re: Tea recommendations

When visiting Seattle for work, Market Spice was highly recommended by several people:

https://www.marketspice.com/

The Cinnamon Orange is pretty amazing:

https://www.marketspice.com/41-everythi ... mon-orange
by bloom2708
Tue May 23, 2017 10:25 am
Forum: Investing - Theory, News & General
Topic: Lazy way to increase returns on cash in Vanguard
Replies: 22
Views: 2204

Re: Lazy way to increase returns on cash in Vanguard

Bring your own lunch to work 1 day per week for the next year. That will net you far more than reaching for .2%.
by bloom2708
Tue May 23, 2017 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 76
Views: 8666

Re: Net worth is overrated

You mean like "My net worth is $6M, but that doesn't include the $6.1M mortgage, the $40k car loans or $350k in student loans. But it does include the house value and car value. What? I'm not sure on house value being usable for anything. If you have a $1M house in the bay area and plan to liv...
by bloom2708
Tue May 23, 2017 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 76
Views: 8666

Re: Net worth is overrated

I never understand when people say my net worth is X but that doesn't include Y assets. No, that's not your net worth. Net worth is all assets - all liabilities. If you only consider your 401k/IRA's/ect. then call it your investable assets because that's what it is. Just a pet peeve I guess. +1 &qu...
by bloom2708
Tue May 23, 2017 9:14 am
Forum: Personal Consumer Issues
Topic: Is it worth it spending money to keep your house looking sharp?
Replies: 37
Views: 3729

Re: Is it worth it spending money to keep your house looking sharp?

Much depends on your immediate neighbors and location. Are you in an upscale neighborhood where lawns are immaculate, bushes are trimmed frequently and things are "perfect"? If you get a dandelion in your lawn are you put on "the bad list"? :shock: Or are you in an area where the...
by bloom2708
Mon May 22, 2017 3:17 pm
Forum: Investing - Theory, News & General
Topic: Home Country Bias...makes sense?
Replies: 235
Views: 8190

Re: Home Country Bias...makes sense?

Is there an "I just don't know" lazy portfolio?

50% stocks/50% bonds
50% US/50% International
50% Treasuries/50% Munis
50% short term/50% intermediate term

I'm probably missing some 50% splits. I just don't know.
by bloom2708
Mon May 22, 2017 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Please help me choose between 2 Health plans
Replies: 4
Views: 260

Re: Please help me choose between 2 Health plans

I do not see any reason to go with Plan A. The premium difference is not worth the extra cost upside risk with much higher deductibles. Maybe only a low 20's/no health issues person would do Plan A. In order for Plan A to make sense, it would have to be accompanied with an HSA where the employer put...
by bloom2708
Mon May 22, 2017 1:32 pm
Forum: Investing - Help with Personal Investments
Topic: Help Deciding Whether to Move Blended 401k to Index
Replies: 7
Views: 408

Re: Help Deciding Whether to Move Blended 401k to Index

Welcome. It would help if you added the Expense Ratios to the other available funds. Click the Edit (pencil). Fidelity 500 + PIMCO Total Return would be a good 2 fund portfolio. 80% 500/20% PIMCO TR (or your preferred asset allocation). It will depend on the Expense Ratios. .45 is not terrible, but ...
by bloom2708
Mon May 22, 2017 1:16 pm
Forum: Personal Consumer Issues
Topic: What to do with phone when changing carriers
Replies: 8
Views: 644

Re: What to do with phone when changing carriers

Swappa.com says a T-mobile Note 4 will sell for around $200-$230. Gazelle will give you $65. Kind of like trading in a car. They take you to the cleaners on the new car and your trade in. :oops: I would price them on Craigslist for $170 and take $150. Once you have your new phones, remove the SD car...
by bloom2708
Mon May 22, 2017 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice about mortgage for first time buyer
Replies: 9
Views: 863

Re: Need advice about mortgage for first time buyer

If the $300k is dedicated to a home down payment/closing costs/moving/upgrades and is separate from the other investments you noted, then I would do 40% down with the 15 year mortgage. This would keep your payment down, save a bunch of interest (never paid and 15 vs. 30) and you stated you would hav...
by bloom2708
Mon May 22, 2017 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Very Close to FI / RE - Allocation Suggestions?
Replies: 23
Views: 1819

Re: Very Close to FI / RE - Allocation Suggestions?

My thought would be two fold: 1. Think about retiring without a mortgage. 2. A 3.5% withdrawal rate on $915,000 is ~$32k. You need $48k + money to pay taxes. What are your expenses with the mortgage paid off? Is there a downsizing opportunity that can net you more cash? Does the $48k including healt...
by bloom2708
Mon May 22, 2017 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Replace timing chain based on miles or years? [ignore]
Replies: 18
Views: 1173

Re: Replace timing chain based on miles or years?

A timing chain should not need to be replaced. A timing belt does need to be replaced. If you had the 6 cyl Accord from that year, you would be approaching the point to change the timing belt. Maybe some proactively change a timing chain, but that doesn't seem necessary. I have a 2001 Toyota Echo wi...
by bloom2708
Mon May 22, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Help finding private loan for additional education
Replies: 8
Views: 392

Re: Help finding private loan for additional education

Worth considering not doing the program. Is it a "likely" pay bump or "certain"? Knowing there is no "certain".

Seems like more negatives than positives.
by bloom2708
Mon May 22, 2017 10:39 am
Forum: Personal Consumer Issues
Topic: What to do with phone when changing carriers
Replies: 8
Views: 644

Re: What to do with phone when changing carriers

Gazelle, Swappa.com, Craigslist 2 phones on Cricket Wireless would be $70/month and 2 on H2O Wireless would be $54/month. Both use AT&T towers. All taxes/fees included. That is their base plans. (Unlimited/Unlimited/3 to 4 GB 4g LTE/Unlimited 2g for each line). There could be reasons to go with ...
by bloom2708
Mon May 22, 2017 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Help finding private loan for additional education
Replies: 8
Views: 392

Re: Help finding private loan for additional education

Does he stop working for the year program?

Both 1 and 2 are bad options. How about a personal loan from the bank/credit union?

Does he have any cash/savings? A car he can sell? Not working for a year will cost $60k. Plus $18k for the program. Healthcare during the year?
by bloom2708
Mon May 22, 2017 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Shocking car insurance quote
Replies: 39
Views: 4599

Re: Shocking car insurance quote

See if you have a Cincinnati Insurance (independent agent) in your area. If you are looking for another good option.
by bloom2708
Mon May 22, 2017 9:54 am
Forum: Investing - Help with Personal Investments
Topic: rebalance or not
Replies: 5
Views: 277

Re: rebalance or not

Plan the plan. Follow the plan.

Can I ask why 40% US and 60% International? Why go above the 20-50% recommended allocation of US to International?
by bloom2708
Mon May 22, 2017 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 76
Views: 8666

Re: Net worth is overrated

I can't compare our net worth to anyone else. I don't know their net worth or spending. I do think it is valuable to track your own progress. Month over month, year over year. Just be consistent and conservative. Yogi Berra said it best... "In theory there is no difference between theory and pr...
by bloom2708
Mon May 22, 2017 9:13 am
Forum: Personal Consumer Issues
Topic: Computing device for elderly relative
Replies: 34
Views: 1374

Re: Computing device for elderly relative

For more Chromebook options, go to Groupon.com, search for "Chromebook". There are many, many reasonable priced Chromebooks on Groupon.com. $120 to under $200. This seems like a good "starter" idea. Low cost, use the Chrome browser, set some "Favorite" bookmarks. If dow...
by bloom2708
Mon May 22, 2017 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Keeping credit score up
Replies: 20
Views: 1374

Re: Keeping credit score up

For 10 years we have only charged monthly expenses on our credit card and paid them off in full monthly. No mortgage (paid in 2007). No loans.

Credit Score is still 820 to 826. I only know it because 2 credit cards show it "free" in the phone app.

+1 for not overthinking.
by bloom2708
Mon May 22, 2017 8:25 am
Forum: Personal Consumer Issues
Topic: Vehicle recommendation for large family
Replies: 32
Views: 1644

Re: Vehicle recommendation for large family

This is the next step up from a Suburban with middle bench (seating 8). Ford Transit. https://grandforks.craigslist.org/ctd/6139015921.html The Nissan NV is similar. I would think you could take out the back row of seats and have plenty of cargo space in the Transit. A friend with 8 kids has the Nis...
by bloom2708
Fri May 19, 2017 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: I'm having a freak-out moment (portfolio question)
Replies: 24
Views: 2354

Re: I'm having a freak-out moment (portfolio question)

Help me with two things. You have a good pension in the future and a good amount of stocks/stock funds. Why no Emergency Fund? Your $200/month plan will take 8.33 years to get to $20k. Why can't you pay the credit card bill? Sell some taxable and pay it off. On one hand you are OK. On the other, thi...
by bloom2708
Fri May 19, 2017 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones vs Vanguard self managed
Replies: 29
Views: 1910

Re: Edward Jones vs Vanguard self managed

Build your knowledge here and plan to leave. As a former EJ escapee, do not contact them again. Contact Vanguard or Fidelity and pull the money to your new destination. Do so after you spend time learning and reading. https://www.dinkytown.net/java/CompareFees.html Put in the amount you have, the ti...
by bloom2708
Fri May 19, 2017 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Fixing 20 Years of Mistakes
Replies: 9
Views: 1314

Re: Fixing 20 Years of Mistakes

If in doubt, choose the simpler path. 3 fund is fine because International Bonds do not add anything "new". Bonds are for safety and reducing risk. International bonds don't add much to the formula. That is my take. Start with three: Total US, Total International, Total US Bond Read away a...
by bloom2708
Fri May 19, 2017 11:44 am
Forum: Personal Consumer Issues
Topic: Flat rate cell plans vs. tiered?
Replies: 3
Views: 229

Re: Flat rate cell plans vs. tiered?

I guess I have an unusual usage pattern when it comes to cell service. I am either using my cellphone very little (talk and text), but then when I do (usually when away from home, obviously) ....it spikes, then Consumer Cellular automatically bumps me up to the next tier, more $$, where I remain ev...
by bloom2708
Fri May 19, 2017 11:33 am
Forum: Investing - Help with Personal Investments
Topic: Fixing 20 Years of Mistakes
Replies: 9
Views: 1314

Re: Fixing 20 Years of Mistakes

Welcome. We probably don't have enough information to help. What do your investments look like now? This is the recommended format for posting: https://www.bogleheads.org/forum/viewtopic.php?t=6212 No idea what "Hedgable" is. It doesn't sound good. Maybe start with Vanguard or Fidelity and...
by bloom2708
Fri May 19, 2017 10:30 am
Forum: Personal Consumer Issues
Topic: Where to get oil change?
Replies: 35
Views: 2281

Re: Where to get oil change?

From everything I have ever heard and read, on a front wheel drive car, the better tires go in the rear. https://www.tirerack.com/wheels/tech/techpage.jsp?techid=52 If you do that, then what is the point of a tire rotation? Your front tires turn side to side and wear out faster. If you don't put th...
by bloom2708
Fri May 19, 2017 9:48 am
Forum: Personal Consumer Issues
Topic: Where to get oil change?
Replies: 35
Views: 2281

Re: Where to get oil change?

How many miles have you put on since September 2015? If you bought a 40k mile tire and put 20k miles on in a bit less than two years, then 50% of your 11/32 (new) tires would be gone, leaving 5/32nd left. What were the back tires at? Put the back on the front and then go for another 1+ years and it ...
by bloom2708
Fri May 19, 2017 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Buy 1st House Cash?
Replies: 20
Views: 1422

Re: Buy 1st House Cash?

Put 50% down on a house that you can grow into. If $220k will buy that, put $110 down.

That leaves your room for drops in value, should leave you with a very reasonable payment. You can test out your willingness to have a large debt.

You can always pay down early.

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