Search found 3373 matches

by bloom2708
Fri Feb 23, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: Third floor too hot with central A/C: options?
Replies: 17
Views: 779

Re: Third floor too hot with central A/C: options?

Any other ideas for improving cooling on this floor in the summer? There are now a number of companies that make smart vent covers that essentially turn every room into its own zone. They replace your old vent covers and after you program them with your smart phone, open and close to maintain your ...
by bloom2708
Fri Feb 23, 2018 2:16 pm
Forum: Personal Consumer Issues
Topic: Third floor too hot with central A/C: options?
Replies: 17
Views: 779

Re: Third floor too hot with central A/C: options?

What do you do with your vents in summer in winter? In summer, we close all basement vents. I partially close some main floor vents. All vents open on the 3rd/top level. In winter, we reverse. All basement vents open. Main floor vents about the same, maybe a bit more open. All vents on top floor ful...
by bloom2708
Fri Feb 23, 2018 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a mortgage, plan to pay off ~7-10 years.
Replies: 5
Views: 484

Re: Choosing a mortgage, plan to pay off ~7-10 years.

I agree with #4. Lowest rate and lowest cost to get in. Why not shop 7/1 ARM rates and try to get the closing costs down? We did a 5/1 ARM on our current home. We knew/hoped we would pay it off in that 5 year window. We did. 7 years gives you a stretch goal. Nobody knows what rates will do. 7 years ...
by bloom2708
Fri Feb 23, 2018 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Defining "House Poor"
Replies: 89
Views: 3785

Re: Defining "House Poor"

I think "house poor" means that your mortgage, property taxes, insurance eats up too much of your income. This means you do not save "enough" to keep your retirement goals on track. "Enough" is very subjective. I have friends who save little and plan to work until 67 or 70 and live off Social Securi...
by bloom2708
Fri Feb 23, 2018 11:49 am
Forum: Investing - Theory, News & General
Topic: "Bogleheads.org" by Kristine Hayes"
Replies: 41
Views: 4519

Re: "Bogleheads.org" by Kristine Hayes"

Abbreviations haunt all companies. I think abbreviations are another hurdle we have to climb. Job titles, team names, products, industry terms, accounting terms. Endless. The other day someone asked me what "S/R People" meant. Without context I couldn't help. With some digging it came out to be "Sha...
by bloom2708
Fri Feb 23, 2018 11:07 am
Forum: Investing - Help with Personal Investments
Topic: Financial proposal from Adviser
Replies: 26
Views: 1855

Re: Financial proposal from Adviser

Pass. It doesn't matter what the plan is. The fees, expense ratios, sales loads, 12b-1 fees, etc are TOO high. Search "Edward Jones" and read the numerous threads. Many of us are escapees. Fees opened our eyes. http://www.dinkytown.net/java/CompareFees.html Play around with scenarios in this tool. U...
by bloom2708
Fri Feb 23, 2018 10:22 am
Forum: Personal Consumer Issues
Topic: Help! Buying my first sofa/couch
Replies: 26
Views: 977

Re: Help! Buying my first sofa/couch

You will be pretty limited by the budget. That is OK. Find something in the color/style/comfort/price range that you can use as a "starter" couch. No reason to buy "forever" furniture. I'm not even sure that exists. If you have a Scan Design in your area, they have some awesome furniture. Some is ve...
by bloom2708
Thu Feb 22, 2018 4:53 pm
Forum: Investing - Help with Personal Investments
Topic: Why paying off loans would be better than fully funding 401k?
Replies: 97
Views: 6987

Re: Why paying off loans would be better than fully funding 401k?

The good thing is you have lots of room for improvement in that budget. Things will drop off. 108 mile commute daily. Oh my. I cannot fathom that much driving. 4 unlimited lines on Cricket $100. AT&T coverage. No taxes/fees on top. They have very reasonable phones, continue to use the iPhone 6. Almo...
by bloom2708
Thu Feb 22, 2018 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement strategy for wife
Replies: 14
Views: 1951

Re: Early retirement strategy for wife

$590k mortgage on $120k salary. I would not want to try that. Even for 1 year and with a big Emergency Fund. Your scenario would be a Dave Ramsey (debt guy) case study. Your wife spends 7-8 years becoming a Pharmacist and then has a kid and wants to stay at home. It happens to doctors and lawyers to...
by bloom2708
Thu Feb 22, 2018 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement strategy for wife
Replies: 14
Views: 1951

Re: Early retirement strategy for wife

What is your combined/split income before and after the potential change?

Does $60k of expenses include your mortgage payment, property taxes, insurance, maintenance?

Not enough information without incomes.
by bloom2708
Thu Feb 22, 2018 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Time for twins to go to daycare
Replies: 38
Views: 2479

Re: Time for twins to go to daycare

The only constant is change. Kids (twins) add a new dimension. This might be a great time to look at your current system and streamline it. Your money is her money. Her money is your money. Your money is "our" money. Have both checks direct deposited into a new single joint checking account. Wrap up...
by bloom2708
Thu Feb 22, 2018 2:54 pm
Forum: Personal Consumer Issues
Topic: Any thoughts on Lexus IS 200t and CPO?
Replies: 1
Views: 287

Re: Any thoughts on Lexus IS 200t and CPO?

This might be a good place to browse/read and ask questions about your IS: https://www.clublexus.com/forums/is-3rd-gen-2014-present-249/ You could post a link of your IS and price and others who have purchased can give you their opinions on the "deal". We have 2 LS and and ES. I don't have much expe...
by bloom2708
Thu Feb 22, 2018 11:56 am
Forum: Personal Consumer Issues
Topic: What UN-frugal thing do you do?
Replies: 163
Views: 7654

Re: What UN-frugal thing do you do?

Use Verizon for our family cell phone service. We still only get two bars at our house, with all other services we get none. P.S. Never go to a Verizon Authorized Retailer named Victra. You could stay with Verizon coverage and switch to a lower cost provider. (You likely already know this) TotalWir...
by bloom2708
Thu Feb 22, 2018 11:15 am
Forum: Personal Consumer Issues
Topic: Boglehead Flashlight?
Replies: 53
Views: 3237

Re: Boglehead Flashlight?

If you are a Costco member, they usually have a Duracell LED 2 pack or 3 pack in the store. https://www.costco.com/Duracell-380-Lumen-LED-Flashlight%2c-3-pack.product.100375441.html We have the medium size and several smaller size. Very bright. Batteries last a long time. Reasonable price. The also ...
by bloom2708
Wed Feb 21, 2018 4:49 pm
Forum: Personal Consumer Issues
Topic: What UN-frugal thing do you do?
Replies: 163
Views: 7654

Re: What UN-frugal thing do you do?

Heat day: 71
Heat night: 70

I like bicycles. I buy them, ride them for a year and then sell them. I sometimes come out OK and other times take a beating on the sale. It could be cars, so is isn't the worst thing. :wink:
by bloom2708
Wed Feb 21, 2018 2:46 pm
Forum: Investing - Help with Personal Investments
Topic: 401K to Roth 401K
Replies: 40
Views: 2742

Re: 401K to Roth 401K

Let it grow pre-tax for the next 30+ years. Pre-tax 401k up to the max of $18,500. Nodoby knows what the tax rates will look like. When you do start withdrawing, you can pull from the source that meets your needs (pre-tax, Roth, taxable). It takes $18,500 of pre-tax income to put $18,500 into your p...
by bloom2708
Wed Feb 21, 2018 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Bond funds
Replies: 7
Views: 572

Re: Bond funds

Welcome. Where are your current stock investments? Vanguard, Fidelity, Schwab, etc?

You are looking for a Total US Bond index fund. Low cost, broadly diversified, intermediate-term.

Vanguard, Fidelity, Schwab all have a version of this type of fund.
by bloom2708
Wed Feb 21, 2018 10:54 am
Forum: Personal Consumer Issues
Topic: Trade my BMW?
Replies: 45
Views: 2360

Re: Trade my BMW?

2013 with 50k and still under warranty. Seems barely broken in. I would keep until the warranty expires and then maybe reconsider. The transaction costs will eat your lunch. You won't get quite what you think on your BMW and the new one with taxes and fees will be higher than you think. Don't just d...
by bloom2708
Wed Feb 21, 2018 9:48 am
Forum: Personal Consumer Issues
Topic: Cedar Roof
Replies: 27
Views: 1611

Re: Cedar Roof

If you are under contract, it sounds like you own a cedar roof.

Was the roof part of the home inspection? Was it found to be in good condition?
by bloom2708
Wed Feb 21, 2018 9:22 am
Forum: Investing - Help with Personal Investments
Topic: <gulp> Expensive mistake
Replies: 51
Views: 7869

Re: <gulp> Expensive mistake

No use lingering on the mistake. It is very minor in the grand scheme of things.

Fix your allocation. Save an extra $5,000 in 2018. That will make up for any gains you missed out on.
by bloom2708
Tue Feb 20, 2018 5:22 pm
Forum: Personal Consumer Issues
Topic: Furnace Setting for Vacation
Replies: 23
Views: 1318

Re: Furnace Setting for Vacation

Most people sleep better in a cooler room. Even having just the feet cooler can supposedly improve sleep quality. A lot of people use comforters or blankets on their bed during the winter so it doesn't matter if the room is chilly. We prefer it cooler at night. We change from 71 to 70. :wink: 4 fem...
by bloom2708
Tue Feb 20, 2018 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Ins. Drop Comprehensive and Collision?
Replies: 13
Views: 870

Re: Auto Ins. Drop Comprehensive and Collision?

Any of our vehicles worth $5k to $8k have liability only. It is a form of self-insuring. Some will say under $5k or under $10k. It also depends on your household situation. We have 2 teen drivers in the mix. They drive liability only cars. My car is an 01 with 133k miles. Liability only. These are n...
by bloom2708
Tue Feb 20, 2018 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Cyber theft insurance
Replies: 3
Views: 289

Re: Cyber theft insurance

Dave Ramsey recommends Zander Identity Theft Protection

https://www.zanderins.com/idtheft2

The price is reasonable (within reason). Does your bank offer protection? Credit cards?
by bloom2708
Tue Feb 20, 2018 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Investing vs student debt
Replies: 13
Views: 617

Re: Investing vs student debt

I would read The Total Money Makeover book by Dave Ramsey. Destroy the student loans over the next 12-24 months. Having a child with your student loans not occupying the spare bedroom will be a blessing. For a short period of time, (if you follow Dave's plan), you would stop HSA, 401k, Roth contribu...
by bloom2708
Tue Feb 20, 2018 3:45 pm
Forum: Personal Consumer Issues
Topic: HughesNet Gen 5
Replies: 5
Views: 607

Re: HugesNet Gen 5

My sister has it. If it is your only option, then I think it is adequate for surfing. The GB download limit is strict and low. The price is high(reasonably high compared to what you get). My brother-in-law will use it in the middle of the night when data is "free" and doesn't count against your 10 g...
by bloom2708
Tue Feb 20, 2018 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: First offer on a house...gut check
Replies: 16
Views: 2361

Re: First offer on a house...gut check

What is the assessed value of the home? $585,000 is the purchase price. Your assessed value will move up/trend toward the latest purchase price. If your current assessed value is $500k and $11,300 is based on that, then expect the $11,300 to move up. Say they go up to $12,500. That is $1,040/month j...
by bloom2708
Tue Feb 20, 2018 11:38 am
Forum: Personal Consumer Issues
Topic: Furnace Setting for Vacation
Replies: 23
Views: 1318

Re: Furnace Setting for Vacation

50 is cutting it too close if it between 0 and 32 outside. Areas next to walls and under cabinets can/will get colder. No sense trying to save $5 and risk a frozen/broken pipe. I would set it to 60 and place it on Hold. Depends on how many functions your thermostat has. Our ecobee3 has a vacation mo...
by bloom2708
Tue Feb 20, 2018 9:33 am
Forum: Investing - Theory, News & General
Topic: Staying Motivated: How do you ward off hopelessness?
Replies: 53
Views: 6215

Re: Staying Motivated: How do you ward off hopelessness?

Difficult to know exactly what scenarios you are talking about. Many times I see a car loan or a mortgage or some loan on some "stuff" trapping friends. People are too attached to some concept of the "American Dream". Buy too much car, realize the loan is an anchor for 60 or 72 months. Sell the car....
by bloom2708
Sat Feb 17, 2018 1:15 pm
Forum: Personal Consumer Issues
Topic: Folding bicycles
Replies: 29
Views: 1870

Re: Folding bicycles

...If your budget is high, then a Brompton has the best design. You can spend less and much less. All will have less something compared to a Brompton. Neither of those two statements are entirely true. The Brompton is a great bike. We have one. But it is a bike built for a purpose. A decent ride at...
by bloom2708
Fri Feb 16, 2018 7:06 pm
Forum: Personal Consumer Issues
Topic: Folding bicycles
Replies: 29
Views: 1870

Re: Folding bicycles

I have a 2017 Brompton M6L. If your budget is high, then a Brompton has the best design. You can spend less and much less. All will have less "something" compared to a Brompton. Watch a lot of test ride and review videos on YouTube. Read up on the Brompton history and how they are hand brazed and cu...
by bloom2708
Fri Feb 16, 2018 12:46 pm
Forum: Personal Consumer Issues
Topic: Minnesota lake resorts summer 2018
Replies: 32
Views: 2262

Re: Minnesota lake resorts summer 2018

What part of Minnesota? Leech Lake, Cass Lake. Near Minneapolis? NW part? Big Cormorant, Pelican Lake. There are a LOT to choose from. One consideration, weather is quite variable in late August. It can be 90 or 50. A few years back we rented a cabin on Cass Lake for a week in mid August. It was in ...
by bloom2708
Fri Feb 16, 2018 11:00 am
Forum: Personal Consumer Issues
Topic: Any Creative Ways to Cut the Cable?
Replies: 49
Views: 4105

Re: Any Creative Ways to Cut the Cable?

I wish I could go internet only but Comcast charges more for internet than internet+tv... Are you sure? How many DVR and box fees are you paying on top of the basic internet + cable bundle price? $15 here, $7 there, another $7 there. That is how you get to $150, $170 or higher. Our internet (75mb d...
by bloom2708
Thu Feb 15, 2018 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: Strategy to sell a sought-after condo
Replies: 15
Views: 1001

Re: Strategy to sell a sought-after condo

Sell it now with a summer closing date. If the buyer is willing to wait, get them to commit.

I've even seen where you close and then rent it from the new owner for a couple months. That way you know the house will sell/did sell.
by bloom2708
Wed Feb 14, 2018 12:21 pm
Forum: Personal Consumer Issues
Topic: Advice with Car Replacement?
Replies: 21
Views: 937

Re: Advice with Car Replacement?

I like #2 if you have a place to keep the pickup. 1 year of liability only insurance should be reasonable. I don't know how your state taxes license/tabs. If you think it is worth $2,000, maybe you get $1,500 or a bit more. Seems like I never quite get what I think an older car is worth. #1 is easie...
by bloom2708
Wed Feb 14, 2018 11:16 am
Forum: Personal Consumer Issues
Topic: Digital alarm clock suggestions?
Replies: 26
Views: 1730

Re: Digital alarm clock suggestions?

We have this one: https://www.ebay.com/itm/Sharp-SPC570-Ceiling-Time-Projection-Alarm-Clock-With-9-Different-Nature-Sounds/351581914595?epid=1709882994&hash=item51dbea45e3:g:WkMAAOSwnGJWS6SH The alarm clock is on my side of the bed. My wife did not like that she could not see the time because I woul...
by bloom2708
Wed Feb 14, 2018 10:51 am
Forum: Personal Consumer Issues
Topic: 2016 Honda Pilot vs. Kia Sorento vs. RAV4 - Help me pick
Replies: 14
Views: 922

Re: 2016 Honda Pilot vs. Kia Sorento vs. RAV4 - Help me pick

Pilot to Sorento to Highlander would be a better comparison.

Rav4 is much smaller than the Pilot or Highlander. CRV to Rav4 would be a good comparison.

Coming from a Sienna, the space of the Rav4 would seem like a downgrade.
by bloom2708
Tue Feb 13, 2018 10:18 pm
Forum: Personal Consumer Issues
Topic: Best way to sell a Washer and Dryer
Replies: 11
Views: 903

Re: Best way to sell a Washer and Dryer

Craigslist and/or LetGo
by bloom2708
Tue Feb 13, 2018 12:29 pm
Forum: Personal Consumer Issues
Topic: Help me help my niece (College costs, financial aid, etc)
Replies: 41
Views: 2530

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

+1 to look at a state school with an art program with a good reputation. Business Administration/Art Accounting/Art Pair it with something to fall back on. I would not encourage her to come out of college with $80k, $90k, $100K and up in student loans and only an Art degree. That is a massive hole t...
by bloom2708
Tue Feb 13, 2018 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Where To Allocate 600,000 Fixed Income?
Replies: 11
Views: 1518

Re: Where To Allocate 600,000 Fixed Income?

Where is your taxable account currently located? Vanguard, Fidelity, etc. If this is $600k new money, would not part go to stocks and part to bonds/CDs? Or is $600k 40% of the new money to maintain your 60/40 split? If this is "long term" investment money, then I would not let the potential of risin...
by bloom2708
Mon Feb 12, 2018 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: First timer with ETFs through HSA - not sure what to do
Replies: 11
Views: 598

Re: First timer with ETFs - not sure what to do

I would stop and do nothing until you understand the differences between Mutual Funds and ETF.

Did the flashy name Exchange Traded Fund catch your eye? More "Trading" with ETFs?

Mutual Funds work great for buy and hold investing. Buy more of the few things you need rather than something else.
by bloom2708
Mon Feb 12, 2018 4:52 pm
Forum: Investing - Help with Personal Investments
Topic: Is it stupid of me to comprise almost all of my portfolio with high dividend funds/etfs?
Replies: 17
Views: 1158

Re: Is it stupid of me to comprise almost all of my portfolio with high dividend funds/etfs?

Living off dividends is just another withdrawal strategy. Once you understand how dividends work (taxes, price of the fund on ex-dividend date drops the amount of the dividend), then you can get past the "living off dividends" junk from blog sites. The day you get the dividend, the price of that fun...
by bloom2708
Mon Feb 12, 2018 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on new home purchase
Replies: 15
Views: 1209

Re: Need advice on new home purchase

Most people list their current house. You accept an offer and set a closing date some point out in the future. This offer may be contingent on their house selling. Now you shop for a new house and put in an offer near the closing date of your current house. If you can't find a house fast enough, you...
by bloom2708
Mon Feb 12, 2018 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Overhaul
Replies: 4
Views: 346

Re: Portfolio Overhaul

I think you are on the right track. I would move to Vanguard for a clean start, the best funds and they are the only one I trust (over the long haul) to stay the course. Others may disagree. I would recommend a 20% slice of Total International. (Unless you want to go with a LifeStrategy or TargetDat...
by bloom2708
Mon Feb 12, 2018 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Changing jobs while paying down debt
Replies: 4
Views: 463

Re: Changing jobs while paying down debt

Income doesn't seem to be your problem. Do you track spending closely? Where is all your money going? Living close to work gives you an extra hour (or more) every work day. That is valuable. Another $50k (less taxes) doesn't seem like it will get you out of the hole much faster. Also, it adds to you...
by bloom2708
Mon Feb 12, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: Passive Investing Best For A 'rigged Market'? [insider trading]
Replies: 13
Views: 1132

Re: Passive Investing Best For A 'rigged Market'? [insider trading]

Total World (Vanguard) has 7,985 stocks Total US (3,638) + Total International (6,283) = 9,921. So, Total World isn't owning quite as much as the haystack as Total US + Total International. Also, Total World has a much higher expense ratio (.21%) and no Admiral shares option. Whether that translates...
by bloom2708
Mon Feb 12, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Why paying off loans would be better than fully funding 401k?
Replies: 97
Views: 6987

Re: pay off loan debt, fund 401k. Where to put $s once EF funded?

Physicians are needed in NC too. Move closer to home. Sell your "dream home". Sell 3/4 of your stuff. Keep things that are important. I cringe most times when I read "forever home" or "dream home". Bah. Things change. Priorities change. Health changes. Family changes. "Right now home" gives you opti...
by bloom2708
Mon Feb 12, 2018 3:58 pm
Forum: Investing - Theory, News & General
Topic: Passive Investing Best For A 'rigged Market'? [insider trading]
Replies: 13
Views: 1132

Re: Passive Investing Best For A "rigged Market'?

Buy the full haystack at your desired asset allocation (mix of stocks and bonds). Hold on for the ride. Always good to review the 10 principles of being a Boglehead: https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_philosophy Do you think Wellington would qualify as "the full haystack" i...
by bloom2708
Mon Feb 12, 2018 3:25 pm
Forum: Investing - Theory, News & General
Topic: Passive Investing Best For A 'rigged Market'? [insider trading]
Replies: 13
Views: 1132

Re: Passive Investing Best For A "rigged Market'?

Buy the full haystack at your desired asset allocation (mix of stocks and bonds). Hold on for the ride.

Always good to review the 10 principles of being a Boglehead:

https://www.bogleheads.org/wiki/Boglehe ... philosophy
by bloom2708
Mon Feb 12, 2018 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Help with the pros and cons of diversification strategies
Replies: 9
Views: 349

Re: Help with the pros and cons of diversification strategies

1a should be Total World (US + International in one fund) 1b should be Total US + Total International (2 funds) If you go with #2, the only day you are at the cap weighted numbers would be the day you buy. After that, you will be all over the place and trying to stay "balanced" is hard. Yes, you can...