Search found 2529 matches

by bloom2708
Thu Sep 21, 2017 8:59 am
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 69
Views: 4038

Re: I won the Lottery. Need sound advice.

Congratulations. Go slow. Pay off your debt. Clean up your mess. Don't borrow again. After paying off the debt, the amount left is not going to be as "life changing" as you think. Don't quit your day job $600k or $700k is not enough to retire with at age 40. You CAN set yourself up for future succes...
by bloom2708
Thu Sep 21, 2017 8:51 am
Forum: Investing - Help with Personal Investments
Topic: $200,000 Saved - Mid 50's - Best Approach
Replies: 2
Views: 159

Re: $200,000 Saved - Mid 50's - Best Approach

No idea about the investment you listed. Are you from the US or Europe/UK? 3-5 years is not a long enough time period to "invest" for the long term. Is this post-tax money? Not in an IRA? We don't know anything about your other investments, funds, expenses, desired asset allocation. With no other in...
by bloom2708
Thu Sep 21, 2017 8:30 am
Forum: Personal Consumer Issues
Topic: Where to buy new iPhone
Replies: 41
Views: 4105

Re: Where to buy new iPhone

I recently took advantage of the "iPhone 8" fever. Picked up an iPhone 6s 64gb (Rose Gold) for $200 on Craigslist. Saw the ad pop in, texted with a full cash offer, met the guy 15 min later. This was a quite good deal, but I found someone "who just wanted to get something" for the phone after his wi...
by bloom2708
Wed Sep 20, 2017 4:30 pm
Forum: Investing - Help with Personal Investments
Topic: Help with investments - Less conservative plan going forward
Replies: 3
Views: 290

Re: Help with investments - Less conservative plan going forward

I'll keep it simple. Move to 40/60 or 50/50 in taxable at Vanguard by adding Total US Stock index + Total International Stock index. You can do it all at once or move over a 6 month period. Nobody knows if the market will go up, down or sideways. 30/70 is/was/will be likely too conservative unless y...
by bloom2708
Wed Sep 20, 2017 11:32 am
Forum: Personal Consumer Issues
Topic: Help selling scion xa
Replies: 18
Views: 1138

Re: Help selling scion xa

Here are some Craigslist tips: Clean your car inside and out. Remove all personal belongings. Have the interior and exterior spotless. Have the title ready and any supporting documents (damage disclosure, etc). Print out a free report from https://www.vehiclehistory.com/ You can provide the link and...
by bloom2708
Tue Sep 19, 2017 11:58 am
Forum: Personal Consumer Issues
Topic: Memory Foam Mattress Recomendations
Replies: 30
Views: 1987

Re: Memory Foam Mattress Recomendations

https://sleepopolis.com/mattress-reviews/ Start here and you can read/see reviews of most of the mattress options out there. There are some very highly rated mattresses under $1,000. You do not need to spend a bunch to get a good mattress. We took a flyer and got a highly rated mattress on Amazon fo...
by bloom2708
Tue Sep 19, 2017 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Age 40: Requesting Look At Portfolio
Replies: 18
Views: 1987

Re: Age 40: Requesting Look At Portfolio

I would not lower your pre-tax from 10% to 6%. Your goal should be to max pre-tax to get to $18,000. The 6% match is on top of your contribution. You are saving/deferring your current marginal tax rate (25%, 28%, etc). Pay that 10, 20, 30 years down the road. Invest pre-tax and let the larger amount...
by bloom2708
Tue Sep 19, 2017 9:56 am
Forum: Personal Consumer Issues
Topic: Another cut the cable thread
Replies: 14
Views: 1222

Re: Another cut the cable thread

Playstation Vue has a DVR built in (as might a few other streaming packages). Check your zip code for locals available for Vue. As a smaller market, we only get CBS live. But, you do get On Demand versions of ABC, NBC, Fox to watch your shows. In fact, pretty much every show is On Demand now. Vue al...
by bloom2708
Tue Sep 19, 2017 9:49 am
Forum: Personal Consumer Issues
Topic: Amazon Prime Card Points Can (and Should?) Pay Off Card
Replies: 14
Views: 707

Re: Amazon Prime Card Points Can (and Should?) Pay Off Card

I can't read the fine print, but I would guess you would come out the same. The payment on the card or using points for a new purchase will not spurn additional points. I have enjoyed logging in, putting something in my cart and noting that I have points to get the item for "free". 5% does add up pr...
by bloom2708
Tue Sep 19, 2017 9:33 am
Forum: Investing - Help with Personal Investments
Topic: Opinions on moving to VG
Replies: 13
Views: 967

Re: Opinions on moving to VG

Move it. I was always told that once you move on from an employer, it's best to make sure your retirement accounts were also moved. You don't have as much control with the state of NC as you would with Vanguard...or any brokerage firm, for that matter. +1 We have everything at Vanguard except my cu...
by bloom2708
Mon Sep 18, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Financing a Home Remodel
Replies: 3
Views: 276

Re: Financing a Home Remodel

Don't let credit card rewards (or 0% interest) wag the tail of your potential house remodel. I would suggest living in the house for a 6 month period. See what you truly need to update and what can be left as is for a while. Turn off HGTV for a bit and live your life and enjoy the new house. Get use...
by bloom2708
Mon Sep 18, 2017 4:22 pm
Forum: Investing - Help with Personal Investments
Topic: Divorced parents saving for kids college
Replies: 16
Views: 1081

Re: Divorced parents saving for kids college

I use a taxable at Vanguard in conjunction with a 529 for each kid. 2 fund at Vanguard. Total US Stock Market index (VTSAX) Int-Term Tax-Exempt Bond index (VWITX) I started out 70/30 and now with our oldest <1 year away from college, I am 20/80. I skipped international as I just kept it simple and s...
by bloom2708
Mon Sep 18, 2017 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Getting over emotional attachment to house
Replies: 69
Views: 5035

Re: Getting over emotional attachment to house

Take a couple hundred photos of your house. Print them and put them in a book on the coffee table in the new house in Palm Springs.

Flip through it often. Put it away when you no longer find yourself flipping through it. :wink:

Nostalgia is powerful.
by bloom2708
Mon Sep 18, 2017 4:04 pm
Forum: Personal Consumer Issues
Topic: Car Swap Buy/Sell Timing Strategy
Replies: 20
Views: 793

Re: Car Swap Buy/Sell Timing Strategy

Find a 3-4 year old CRV coming off lease with under 30k-40k miles. Are you a one car family? If you have two, what is the non-Scion? I'm reading between the lines, but jumping from $5k Scion to a 2018 CRV might not be the best financial decision as you head into lower salary, a host of new expenses ...
by bloom2708
Mon Sep 18, 2017 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Where to park $200K cash?
Replies: 24
Views: 2807

Re: Where to park $200K cash?

After checking, an Emergency Fund and cash for near term spending (cars, taxes, vacations, etc), invest it at an asset allocation you can live with. Are you a 90/10 person with $200k cash set aside? Then you are not a 90/10 person. Invest the $200k at 60/40 and ride the waves up and down over the lo...
by bloom2708
Mon Sep 18, 2017 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: My in-laws' nest egg of $50k
Replies: 34
Views: 4119

Re: My in-laws' nest egg of $50k

Is $1,200 the combined social security?

Does the wife claim spousal and get 50% of the husbands SS? $800 + $400?

I agree with others. Safe emergency fund. No reverse mortgages. It is going to be a tough/long haul.
by bloom2708
Mon Sep 18, 2017 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Worth buying an excessive priced house?
Replies: 43
Views: 3709

Re: Worth buying an excessive priced house?

I now work part time and hoping my spouse will do the same at least for a few years when time is a premium, especially before kids go off to kindergarten. I would still feel comfortable splurging on a house with the reduced income. The biggest thing preventing us from being FI seems to be health in...
by bloom2708
Mon Sep 18, 2017 3:21 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 528
Views: 206405

Re: TV show recommendations?

Has anyone watched the 8 episode TV series called "The Sinner" on USA? Jessica Biel stars and produced it.

One new episode left at this point. A bit dark and strange at times, but interesting.
by bloom2708
Mon Sep 18, 2017 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Worth buying an excessive priced house?
Replies: 43
Views: 3709

Re: Worth buying an excessive priced house?

After working, sleeping, eating, bathing and family responsibilities, how much time is left? The answer: not enough I think you know the answer. But, you may have to do it to find out. The "balance time" is precious. I've come to try to do a lot to protect it. Every extra chore, duty, gadget, toy su...
by bloom2708
Sun Sep 17, 2017 8:47 pm
Forum: Personal Finance (Not Investing)
Topic: What is FI if you love your job? [Financial Independence]
Replies: 62
Views: 4140

Re: What is FI if you love your job? [Financial Independence]

Much can change between 35 and 45 or 50.

I think you should focus on priorities and hobbies outside of work over the next years.

FI is about options.
by bloom2708
Thu Sep 14, 2017 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Does Not have 2-Factor Authentication on Mobile App? Corr. w/Vanguard re This
Replies: 9
Views: 794

Re: Vanguard Does Not have 2-Factor Authentication on Mobile App? Corr. w/Vanguard re This

The first time I use a new/unrecognized device, Vanguard sends me a text with a code.

I then type in the code and Vanguard will then remember that computer/phone.
by bloom2708
Thu Sep 14, 2017 3:59 pm
Forum: Personal Consumer Issues
Topic: Wondering if solar is worth it - does my utility bill seem high? (Arizona)
Replies: 40
Views: 2722

Re: Wondering if solar is worth it - does my utility bill seem high? (Arizona)

We had a big desktop computer with twin fans back in the day. It by itself used $15/month checked with a kill-o-watt. It was finicky about going to sleep and would wake up for updates and those fans were going. I think where you are with your bills, you are the case where solar does make the most se...
by bloom2708
Thu Sep 14, 2017 1:24 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 309
Views: 16012

Re: Is it really Worth it to brown bag your lunch at work?

stoptothink wrote:
Thu Sep 14, 2017 1:17 pm
We'll just agree to disagree.
As is the result of most any topic. Seems fair.
by bloom2708
Thu Sep 14, 2017 1:13 pm
Forum: Personal Consumer Issues
Topic: Two household cars with not so great fuel efficiency; make a change?
Replies: 13
Views: 850

Re: Two household cars with not so great fuel efficiency; make a change?

No reason to change at all. If you fill up 40 times and pay $20 more per time (than a gas sipper), that is $800.

That won't even cover the tax on your next vehicle. Unless you drive 30k or 40k miles, gas just isn't a big enough component of the spend to worry that much about.
by bloom2708
Thu Sep 14, 2017 1:09 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 309
Views: 16012

Re: Is it really Worth it to brown bag your lunch at work?

I've been doing this, but with healthy cereal . I will have 2 bowls of Cheerios 2 or 3 times a week. Eat a regular lunch the other 2 lunches. Not trying to get this shut down, but would you consider something with this ingredient list healthy? Everything you eat is going to kill you. When I use the...
by bloom2708
Thu Sep 14, 2017 11:14 am
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 309
Views: 16012

Re: Is it really Worth it to brown bag your lunch at work?

I started bringing a soylent 2.0 into work for lunch. They are about $3 per bottle. Beats going out for $8. Save sone wear n tear on my car too. I've been mulling over doing a 12 bottle subscription of Soylent. There are ~20 lunches in a month. If I did a Soylent drink for 12 of the 20, I'd probabl...
by bloom2708
Thu Sep 14, 2017 10:35 am
Forum: Personal Consumer Issues
Topic: Are Cotton Blankets Good For Winter?
Replies: 21
Views: 1468

Re: Are Cotton Blankets Good For Winter?

Find a nice alpaca blanket.
by bloom2708
Thu Sep 14, 2017 9:36 am
Forum: Personal Finance (Not Investing)
Topic: The 10 year car ownership "rule"
Replies: 95
Views: 9980

Re: The 10 year car ownership "rule"

I think I am approaching an age where I "could" keep a car for 10 years. Not sure if I "want" to keep a car that long. Having moved through the various stages of being single, getting married, having 3 kids, car seats, booster seats, car pooling, it meant we changed vehicles more than we would like ...
by bloom2708
Thu Sep 14, 2017 9:24 am
Forum: Investing - Help with Personal Investments
Topic: What do I need to do next?
Replies: 11
Views: 1629

Re: What do I need to do next?

I forgot to add, as I mentioned earlier, I don't count my house since it isn't liquid. I also have a state pension, not really sure how to include that. How much will your pension be a different age levels? Is it adjusted for inflation? Do you get to maintain healthcare benefits? If your pension is...
by bloom2708
Wed Sep 13, 2017 10:21 am
Forum: Investing - Theory, News & General
Topic: Herd mentality
Replies: 40
Views: 1796

Re: Herd mentality

Personally I wouldn't try to change their mind about anything they are doing financially - at their age - you likely won't change their minds. There are plenty of other topics to talk about (the weather, football, the equifax breech, etc.). +1 It interesting that nearly any strategy works in a 7-8 ...
by bloom2708
Wed Sep 13, 2017 10:18 am
Forum: Personal Consumer Issues
Topic: Smart phones and data/text usage.
Replies: 31
Views: 1940

Re: Smart phones and data/text usage.

I agree with the other posters in that the minimal savings in turning off the data isn't worth the headache for me to constantly toggle between off and on when I need it. In my personal life, I do tend to need data multiple times a day. Not to hijack the thread, but I'd like to hear more about tota...
by bloom2708
Wed Sep 13, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Take Pay cut close to retirement for sanity purposes?
Replies: 17
Views: 1651

Re: Take Pay cut close to retirement for sanity purposes?

Are you married or single? Kids or no kids? Kids still in high school/college? Do you need benefits like healthcare and insurance? Many factors involved that we don't know about. I moved from a software development role to a finance manager role at the same company. Jumped off one stressful track in...
by bloom2708
Wed Sep 13, 2017 9:51 am
Forum: Personal Consumer Issues
Topic: Smart phones and data/text usage.
Replies: 31
Views: 1940

Re: Smart phones and data/text usage.

Data is what makes a smart phone smart. For $20 more dollars per month you could have a two phone plan on Total Wireless (another Verizon MVNO) and share 15GB of data. $57/month with auto pay. With that, just leave Wi-Fi off and use your phone for whatever you want. GPS, stream music, video, etc. Co...
by bloom2708
Wed Sep 13, 2017 9:43 am
Forum: Personal Consumer Issues
Topic: New or used Lexus ES300h?
Replies: 25
Views: 2153

Re: New or used Lexus ES300h?

Good information so far. I know you can get a perfect 300h buying it new. I like the challenge of finding a slightly used one for the best price. I see a 2013 with 32k miles for $23.6k in our region. Cars.com search with a 100 mile radius. In the end you may decide to buy new. Keeping that other $16...
by bloom2708
Tue Sep 12, 2017 1:15 pm
Forum: Investing - Theory, News & General
Topic: China to ban petrol cars
Replies: 64
Views: 4138

Re: China to ban petrol cars

Gasoline will be 50 cents per gallon again after China and Europe and others go all electric. :o

Back to smooth, powerful V8s for everyone in the future! :wink:
by bloom2708
Tue Sep 12, 2017 1:08 pm
Forum: Personal Consumer Issues
Topic: Is it really Worth it to brown bag your lunch at work?
Replies: 309
Views: 16012

Re: Is it really Worth it to brown bag your lunch at work?

This is kind of like a car thread. :wink: We have a good cafeteria with options from $4 to $6. We have free beverages which helps. I eat out 3-4 times per week. I also keep healthy boxes of cereal at my desk and have a couple bowls with free milk 1-2 times a week to balance out the eating out. Every...
by bloom2708
Mon Sep 11, 2017 3:27 pm
Forum: Personal Consumer Issues
Topic: Feeling guilty for buying a new iPad pro
Replies: 30
Views: 2212

Re: Feeling guilty for buying a new iPad pro

Here is a current thread of all the "regret" full purchases. https://www.bogleheads.org/forum/viewtopic.php?p=3528084#p3528084 If you use it and can afford it, buy it. Lots of people get use from an iPad Pro or iPad. I have a nice Samsung Galaxy Tab S that I use all the time. The iPad pro is pretty ...
by bloom2708
Mon Sep 11, 2017 1:12 pm
Forum: Personal Consumer Issues
Topic: Should I sell a car to simplify?
Replies: 16
Views: 985

Re: Should I sell a car to simplify?

Would your wife drive the PIlot as her car? The Mazda5 and Pilot seem to overlap on functionality. If your wife is on board, I would sell the Mazda5 and put the funds in your future "Car Fund". We went one year with a 3rd car. The extra oil changes, tire rotations, gas fill-ups, insurance, registrat...
by bloom2708
Mon Sep 11, 2017 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Am I overinsured on my autos?
Replies: 20
Views: 1495

Re: Am I overinsured on my autos?

What is the value of the 2007 Volvo? Can you self insure and go to Liability Only on that car? Keep full coverage (collision/comp) on the 2015 only? The answer to question #1 will depend on if you can simply pay for another $5k car if something happens (that is your fault) to the Volvo. 100/300 woul...
by bloom2708
Mon Sep 11, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: need help calibrating Mom's retirement portfolio in 2017
Replies: 4
Views: 394

Re: need help calibrating Mom's retirement portfolio in 2017

40/60 or 30/70 would be much better when the next correction comes. Withdrawing $55k or so (not sure how much SS is) is about 5.5% of $900k. Probably fine, but not if she also wants to keep her nest egg in tact. She could easily live another 25 years, so thinking about inheritance and the balance is...
by bloom2708
Sat Sep 09, 2017 11:18 am
Forum: Personal Consumer Issues
Topic: New home: 30% increase in construction supplies due to hurricane -- [frustrated]
Replies: 10
Views: 1648

Re: New home: 30% increase in construction supplies due to hurricane -- [frustrated]

30%. Wow. 30% on a $10k item is one thing. 30% on a big new build house. Yikes. Can you cancel? There would have to be an out clause. You are talking $150k more on a $500k home. It seems most would need to re-qualify with the lender and up the loan amount, etc. etc. Additionally, the home won't appr...
by bloom2708
Sat Sep 09, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: Luxury car: perception vs reality
Replies: 118
Views: 5963

Re: Luxury car: perception vs reality

LIVE! No guilt feelings. But what is it about the car that is so great? Is it the horsepower or the feeling of having a superior vehicle? Is this something that can't be articulated and must be felt/experienced? I currently drive a used (I'm the second owner) Lexus sedan. My previous cars were gas ...
by bloom2708
Fri Sep 08, 2017 11:35 am
Forum: Personal Consumer Issues
Topic: Buy iPhone 7 or Wait for iPhone 8
Replies: 53
Views: 7267

Re: Buy iPhone 7 or Wait for iPhone 8

The iPhone 8 will start at $999. That is 10 of my Moto G4 and 5 Moto G5/G5 plus. The headphone jack can be replaced with a small adapter, but I'm not sure you want to have the adapter in your pocket at all times. The premium for Apple products is just crazy. They are good products, but I can buy a f...
by bloom2708
Fri Sep 08, 2017 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Should I do 20 or 25 Year Term Life Insurance?
Replies: 49
Views: 3255

Re: Should I do 20 or 25 Year Term Life Insurance?

Consider a ladder

$500k for 10
$500k for 20
$500k for 30

Each policy should be cheaper (by itself) and as your assets grow, your need for insurance declines as you age.
by bloom2708
Fri Sep 08, 2017 8:12 am
Forum: Personal Consumer Issues
Topic: Sport Rx Glasses (for Mountain Biking)
Replies: 8
Views: 750

Re: Sport Rx Glasses (for Mountain Biking)

I would buy a couple different "sport" pairs on Zenni Optical. You can tint the lenses. For ~$20 to $30 you can use them and not fear breaking them or losing a pair. Many different sport frames available. You get a signed copy of your prescription. Import/upload a copy. Upload a photo of your face a...
by bloom2708
Thu Sep 07, 2017 1:20 pm
Forum: Investing - Theory, News & General
Topic: The "interest rates are so low....why would you"arguments
Replies: 62
Views: 6200

Re: The "interest rates are so low....why would you"arguments

Just not necessarily at the same rate. I'd hate to pay off my 2.5% loan, decide a few years later I would have been better off keeping it, and find that the rate is now 5.5%. One way of looking at it is I'm paying a fee (after taxes) of $3k this year to keep $175k invested. Horrid from an AUM stand...
by bloom2708
Thu Sep 07, 2017 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Married, owning two homes, file as HOH?
Replies: 43
Views: 2137

Re: Married, owning two homes, file as HOH?

This is true and I really dont mind paying taxes in general, not even high taxes. What bothers me is that our taxes are even HIGHER because we are married... I don't really see how this is possible. Are you mixing the higher income with the fact that you got married? If you are both claiming a high...
by bloom2708
Thu Sep 07, 2017 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Married, owning two homes, file as HOH?
Replies: 43
Views: 2137

Re: Married, owning two homes, file as HOH?

I think you need to do some additional research. You likely owe more taxes because your incomes are substantially higher and you are pushing into the higher tax brackets. Each year I check to see if Married Filing Separately would help our taxes. It doesn't. Each of the past X years, MFS would resul...
by bloom2708
Wed Sep 06, 2017 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Employment Advice
Replies: 5
Views: 789

Re: Employment Advice

I think you have a bunch of things going on and no firm job offer. Maybe take each decision as a stand alone one and go from there. 1. Do you want to move from Canada to the US? 2. Does your wife want to move? 3. Does your family all live in Canada near you? 4. Do you want to move away from family? ...