Search found 1706 matches

by bloom2708
Sun Apr 23, 2017 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Options for downpayment (Good or bad?)
Replies: 10
Views: 461

Re: Options for downpayment (Good or bad?)

Welcome. Based on the information provided you are not ready to own a home. None of the options are good ideas. Save at least 10% + money for expenses related to moving. Work on clearing your other debts and getting your financial world in order. The house will own you if do not think it through and...
by bloom2708
Sat Apr 22, 2017 8:15 am
Forum: Personal Consumer Issues
Topic: Best vacuum cleaner for pet hair?
Replies: 19
Views: 1244

Re: Best vacuum cleaner for pet hair?

I've found that the best vacuum is one you don't dread using. Complicated, heavy, painful to dump the canister, etc. We currently have an Oreck XL. It is about as light and simple as you can get. It works and hair doesn't get wrapped around the brushes like some vacuums we have had. It is very light...
by bloom2708
Sat Apr 22, 2017 8:06 am
Forum: Investing - Help with Personal Investments
Topic: Hi I'm going to open up a taxable account
Replies: 10
Views: 1036

Re: Hi I'm going to open up a taxable account

I like to think of taxable as the first money I'll spend even if retirement is 10+ years away. Think of your portfolio as a whole, but you can vary inside each bucket. One plan would be to go 100% stocks in your Roth. Example: 70% Total US Stock index, 30% Total International Stock Index. That would...
by bloom2708
Fri Apr 21, 2017 1:32 pm
Forum: Personal Consumer Issues
Topic: Standalone wrist pedometer/watch?
Replies: 9
Views: 474

Re: Standalone wrist pedometer/watch?

The coin battery requirement will likely lead you to zero viable options. The functions on these type of devices just use more battery. That is why they are rechargeable. Consider the Garmin Forerunner 15 (or 25). https://www.amazon.com/Garmin-Forerunner-Small-Black-Green/dp/B00JQF6H8Y/ref=sr_1_1?ie...
by bloom2708
Fri Apr 21, 2017 1:26 pm
Forum: Personal Consumer Issues
Topic: Car Choices
Replies: 45
Views: 3175

Re: Car Choices

I think you should be in the Honda Civic/Accord or Toyota Corolla/Camry market. Does your husband prefer a sporty/stiffer ride or a more comfortable/soft ride? I have had two Mazda cars and they were sporty/stiff/felt every bump type of cars. I can't speak for the latest models. Would he not conside...
by bloom2708
Fri Apr 21, 2017 11:59 am
Forum: Personal Consumer Issues
Topic: Strange cable wall jack in home. What is it? (pics included)
Replies: 18
Views: 3157

Re: Strange cable wall jack in home. What is it? (pics included)

Hard to tell as the outside has been painted over many times.

It looks like a BNC type antenna connector.
by bloom2708
Fri Apr 21, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Did I make a good decision to retire July 2017 instead of July 2018?
Replies: 56
Views: 4726

Re: Did I make a good decision to retire July 2017 instead of July 2018?

bloom2708- From a financial viewpoint, it is best to not pay it off upon retirement but rather pay it off monthly till last payment of July 2018. is this right? I'm not sure there is an easy answer. Paying if off lowers your monthly cash flow needs. On the other side, you have ~$34k less cash. All ...
by bloom2708
Fri Apr 21, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Did I make a good decision to retire July 2017 instead of July 2018?
Replies: 56
Views: 4726

Re: Did I make a good decision to retire July 2017 instead of July 2018?

"When is the final payment scheduled for based on the current balance?" July 2018 The "home stretch". Based on that you only have 1 year of the $2,400 (post retirement) if you just let the mortgage pay off normally. You are in the range where "just pay it off" will com...
by bloom2708
Fri Apr 21, 2017 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Did I make a good decision to retire July 2017 instead of July 2018?
Replies: 56
Views: 4726

Re: Did I make a good decision to retire July 2017 instead of July 2018?

thanks bloom2708. Not sure what it means " how do you have a $2400 month mortgage payment on 34k? " other than: I pay 2400 per month towards my mortgage. I owe 34k on my mortgage. Perhaps I don't understand the question. Basically, if you went out and got a $34k mortgage today, your payme...
by bloom2708
Fri Apr 21, 2017 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Did I make a good decision to retire July 2017 instead of July 2018?
Replies: 56
Views: 4726

Re: Did I make a good decision to retire July 2017 instead of July 2018?

Uncle Ben- is it a typo and you are referring to the Athens house for 324k? The 2400 month is the mortgage for my current house. If the 34k is referring to my mortgage, where did you get the number from? In your original post: "I have 34k left on my mortgage at 4.375 15 year fix rate ( house w...
by bloom2708
Fri Apr 21, 2017 9:03 am
Forum: Personal Consumer Issues
Topic: What to do with books
Replies: 16
Views: 938

Re: What to do with books

+1 to donate. If you itemize deductions, get a receipt.

I no longer let books pile up. After reading I immediately give away/donate 95%. There are a few (very few) that I keep on a small shelf.
by bloom2708
Fri Apr 21, 2017 8:44 am
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 460
Views: 189111

Re: TV show recommendations?

Nova1967 wrote:Bill O Reilly and Keeping up with the Kardashians


You have to use the :wink: icon after recommending a canceled show. :wink:

+1 for Fargo (season 3). Better Call Saul (season 3) also just started. This is the prequel to Breaking Bad.
by bloom2708
Thu Apr 20, 2017 4:49 pm
Forum: Investing - Theory, News & General
Topic: How inefficient is it to hold Total Bond Index in a taxable account?
Replies: 34
Views: 3918

Re: How inefficient is it to hold Total Bond Index in a taxable account?

Bond interest is ordinary income. 28% marginal tax bracket. It will cost you 28% of the interest earned each year.

We use Int-Term Tax-Exempt bond index in taxable.
by bloom2708
Thu Apr 20, 2017 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: Looking to payoff mortgage
Replies: 4
Views: 641

Re: Looking to payoff mortgage

I'm a big fan of being debt/mortgage free. You do have a nice low rate so you will get some feedback suggesting you shouldn't pay it off. A couple things to consider. The 14 year old and 10 year old do not have to have the same 529/college funds at this point. Will the amount just cover your mortgag...
by bloom2708
Thu Apr 20, 2017 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: Did I make a good decision to retire July 2017 instead of July 2018?
Replies: 56
Views: 4726

Re: Did I make a good decision to retire July 2017 instead of July 2018?

If you're part of PERS health through your past employer, PEMCHA says you must continue to receive the Employer Paid Min. Contribution. I think that's about $125 a month. Check with your HR. It is codified in the Ca. Gov. code. For those saying downsize, he may already be in an appropriate sized ho...
by bloom2708
Thu Apr 20, 2017 3:54 pm
Forum: Personal Consumer Issues
Topic: Costco battery replacement possible after a year and half?
Replies: 11
Views: 932

Re: Costco battery replacement possible after a year and half?

It should have a 24 or 36 month warranty at a minimum. Costco will take most anything back. The battery should have the warranty on it somewhere. Did you have your alternator tested? A battery going bad after one year could be a bad battery or something drawing on the battery or an alternator not fu...
by bloom2708
Thu Apr 20, 2017 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Help - 3 fund @ Fidelity
Replies: 8
Views: 497

Re: Help - 3 fund @ Fidelity

Welcome. Can you edit your post and add the Expense Ratios of each fund? That will help. Vanguard Institutional Index Fund Institutional Vanguard Total Bond Market Index Fund Are logical choices. The international fund might or might not be a good fit depending on ER. You could hold International in...
by bloom2708
Thu Apr 20, 2017 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: I will pay off mortgage at 40. What next?
Replies: 22
Views: 2485

Re: I will pay off mortgage at 40. What next?

I think you are missing the point of a pre-tax 401k. Even with a 1.0% expense ratio, it takes ~$30k pre-tax to invest $18k post-tax in a taxable account. It takes $18k of pre-tax money to invest $18k (plus any match dollars). You lower your AGI by $18k. Pay the tax 20 years from now. Invest more no...
by bloom2708
Thu Apr 20, 2017 3:25 pm
Forum: Personal Finance (Not Investing)
Topic: I will pay off mortgage at 40. What next?
Replies: 22
Views: 2485

Re: I will pay off mortgage at 40. What next?

If you're not already maxing out the 401k, that's a guaranteed 25-28% return in annual income tax savings. I would like to point out that for me, it's nowhere close to this as my 401k has high ER's over 1. Average ER is 1.14% for my 401k portfolio. I could do all this for 0.10% on my own in a taxab...
by bloom2708
Thu Apr 20, 2017 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for Initial Roth Investment - 24 years old
Replies: 7
Views: 574

Re: Advice for Initial Roth Investment - 24 years old

Welcome. It is fine to hold Vanguard index funds at TD Ameritrade as long as you aren't paying and trade fees. See if you can buy the Admiral version of the funds (compared to the higher cost Investor shares). A Total US stock market fund would be the first type of account to add to your Roth IRA. D...
by bloom2708
Thu Apr 20, 2017 2:40 pm
Forum: Investing - Theory, News & General
Topic: Evaluating my lack of jitters
Replies: 26
Views: 1584

Re: Evaluating my lack of jitters

Going from $50k to $25k is quite manageable. Going from $1,500,000 to $800k is another story. Keep things in perspective. Interesting; I would probably argue the other way, that 50 -> 25 is a big change and may well impact immediate life (what if that was the EF, and it was all you had, and then yo...
by bloom2708
Thu Apr 20, 2017 1:43 pm
Forum: Investing - Theory, News & General
Topic: Evaluating my lack of jitters
Replies: 26
Views: 1584

Re: Evaluating my lack of jitters

And so long as your spouse is on the same page, I also agree the aggressive stance is fine. That's a big one. I'd be more aggressive if I wasn't investing for my wife as well. Would your "lack of jitters" change if you had $1,000,000, $2,000,000 or $3,000,000 invested in nearly all stocks...
by bloom2708
Thu Apr 20, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Did I make a good decision to retire July 2017 instead of July 2018?
Replies: 56
Views: 4726

Re: Did I make a good decision to retire July 2017 instead of July 2018?

+1 for retiring this year. That is a nice pension.

Consider downsizing the house. With the taxable from downsizing you can not touch your other investments for years.

I would not fall into the "one more year" trap. Good luck!
by bloom2708
Wed Apr 19, 2017 4:50 pm
Forum: Investing - Theory, News & General
Topic: Weight loss and investing
Replies: 34
Views: 3403

Re: Weight loss and investing

Maybe the start of a sister site:

Bogleheads.org

Boglebodies.org

:o
by bloom2708
Wed Apr 19, 2017 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Should I cancel my whole life policy?
Replies: 43
Views: 3896

Re: Need help with whole life

OP, are you married? If not, it is approaching the level of ridiculous to have that much life insurance at 24. Like selling winter to me living in North Dakota. :shock: You buy life insurance to protect your wife and kids, your home, from financial ruin if something happens to you. A $12k lesson wil...
by bloom2708
Wed Apr 19, 2017 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Armageddon Insurance - how to spend $100k
Replies: 29
Views: 2380

Re: Financial Armageddon Insurance - how to spend $100k

For research, watch "The Walking Dead." What preparation helped various parties and groups during that fictional societal collapse? Localized economic disruption is much more likely than full on collapse. Think Hurricane Katrina, where the roads, power, and water are cut for weeks at a ti...
by bloom2708
Wed Apr 19, 2017 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Recast vs. Investing vs. ??
Replies: 14
Views: 1062

Re: Mortgage Recast vs. Investing vs. ??

You might have to rephrase/update your post. I'm not following completely. Summary: You have $100k in cash (not counting Emergency Fund) and are considering putting it down on your mortgage. Once the mortgage goes from $194 to $94, you want to recast/refinance the mortgage to lower the monthly payme...
by bloom2708
Wed Apr 19, 2017 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Dividing contributions among funds
Replies: 8
Views: 381

Re: Dividing contributions among funds

Yes. I think you have it. Exchange then set your new money percentages just as you have them, 54, 6, 12, 6, 22. Fluctuations in the markets will make it so your percentages may be off a bit. After 1 year you might be 52, 8, 12, 5, 23. Then you exchange (as needed) out of the funds that are high and...
by bloom2708
Wed Apr 19, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: To put 5k into my car loan or just keep it...
Replies: 41
Views: 2216

Re: To put 5k into my car loan or just keep it...

This is just plain silly. Is the OP planning on selling or trading this new car in 7, 15, or 23 months? No. :beer How do you make the purchase "real". The OP is asking if it is "worth" paying the car down/off early or keeping the cash? Silly to understand your "investment&q...
by bloom2708
Wed Apr 19, 2017 2:13 pm
Forum: Investing - Help with Personal Investments
Topic: Dividing contributions among funds
Replies: 8
Views: 381

Re: Dividing contributions among funds

Yes. I think you have it. Exchange then set your new money percentages just as you have them, 54, 6, 12, 6, 22. Fluctuations in the markets will make it so your percentages may be off a bit. After 1 year you might be 52, 8, 12, 5, 23. Then you exchange (as needed) out of the funds that are high and ...
by bloom2708
Wed Apr 19, 2017 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: To put 5k into my car loan or just keep it...
Replies: 41
Views: 2216

Re: To put 5k into my car loan or just keep it...

This is just plain silly. Is the OP planning on selling or trading this new car in 7, 15, or 23 months? No. :beer How do you make the purchase "real". The OP is asking if it is "worth" paying the car down/off early or keeping the cash? Silly to understand your "investment&q...
by bloom2708
Wed Apr 19, 2017 1:29 pm
Forum: Forum Issues and Administration
Topic: Notifications not working correctly
Replies: 12
Views: 697

Re: Notifications not working correctly

Point noted. If a deleted post makes you "lose your mind", well.. :mrgreen: :wink: :beer
by bloom2708
Wed Apr 19, 2017 1:27 pm
Forum: Investing - Help with Personal Investments
Topic: Dividing contributions among funds
Replies: 8
Views: 381

Re: Dividing contributions among funds

Are you starting from $0? If so, set your new contributions to the desired percentages. If you have current amounts in one or more funds, you would do 2 steps: 1. Exchange existing to this list of funds. 2. set new contributions to desired percentages. Your asset allocation between funds will float...
by bloom2708
Wed Apr 19, 2017 12:51 pm
Forum: Forum Issues and Administration
Topic: Notifications not working correctly
Replies: 12
Views: 697

Re: Notifications not working correctly

Someone DID reply to your post. Maybe you are not seeing it. Try clearing your cache and set your browser to clear the cache when you close it. I have 2 emails for replies to that thread 30mins apart and there's only a single reply that I can see. Bloom2708 was the first user to reply and I can't s...
by bloom2708
Wed Apr 19, 2017 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on 401k at new job and moving investments
Replies: 4
Views: 395

Re: Advice on 401k at new job and moving investments

What if you made it a goal to consolidate everything except your current 401k to Vangaurd? Taxable to Vanguard (in kind transfer), move out of the American Funds based on gains/losses 2nd Roth to Vanguard, no reason to have two Roth IRAs, consolidate Old 401k to Vanguard (Rollover IRA) - If you leav...
by bloom2708
Wed Apr 19, 2017 12:39 pm
Forum: Investing - Help with Personal Investments
Topic: Dividing contributions among funds
Replies: 8
Views: 381

Re: Dividing contributions among funds

Are you starting from $0? If so, set your new contributions to the desired percentages. If you have current amounts in one or more funds, you would do 2 steps: 1. Exchange existing to this list of funds. 2. set new contributions to desired percentages. Your asset allocation between funds will float/...
by bloom2708
Wed Apr 19, 2017 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Buy new house in Seattle area?
Replies: 19
Views: 1449

Re: Buy new house in Seattle area?

$850k is too much. $525k is 3x your salary. That would be as high as I would go. With 1 infant, no reason to move now. Revisit when kid #1 is 4 or kid #2 is on the way. :wink: At $850k, the house owns you. With a new infant, you stay in a ~10 foot area. Much changes ahead. Get into the child years a...
by bloom2708
Wed Apr 19, 2017 12:05 pm
Forum: Personal Consumer Issues
Topic: Favorite online sources for household & personal care items?
Replies: 11
Views: 716

Re: Favorite online sources for household & personal care items?

I continue to think that Walmart has the best prices on household/personal care items. That is, if you don't need bulk quantity like Costco. Amazon.com is easy, but if I take the time to check/visit the closest Walmart, I find I overpaid on Amazon. We do have a newer Walmart in a nice part of town t...
by bloom2708
Wed Apr 19, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Looking at buying our first home, what can I reasonably afford. Also a tax bracket question.....
Replies: 16
Views: 2000

Re: Looking at buying our first home, what can I reasonably afford. Also a tax bracket question.....

Hi MikesChevelle, I think you need to restate/edit your last question. Fix the spelling and typos. "Anyone have an idea of the 40% with holding of commission for me state?" I am not following what you are asking. I am guessing that is why you are not getting any replies and needed to bump ...
by bloom2708
Wed Apr 19, 2017 11:57 am
Forum: Personal Finance (Not Investing)
Topic: To put 5k into my car loan or just keep it...
Replies: 41
Views: 2216

Re: To put 5k into my car loan or just keep it...

+1 for putting any extra funds against the Infiniti loan. Pay it off as fast as possible. One thing that might be worth your time is to track the depreciation each month for the first 3 years. You are likely looking at the value of your car dropping ~$500/month. This is more than your monthly paymen...
by bloom2708
Wed Apr 19, 2017 8:50 am
Forum: Investing - Help with Personal Investments
Topic: Inherited over $500k looking to invest & produce income
Replies: 13
Views: 2295

Re: Inherited over $500k looking to invest & produce income

Now what I would do if I were you: pay off your own primary mortgage and any other debt you may have with the cash, sell the inherited house, invest all remaining funds in a relatively conservative (60/40 - 50/50) portfolio and live on the existing 70k of income the significant other is earning (an...
by bloom2708
Wed Apr 19, 2017 8:21 am
Forum: Personal Consumer Issues
Topic: iPhone Screen Replacement
Replies: 12
Views: 577

Re: iPhone Screen Replacement

I think there was a story about Apple "bricking" iPhones not repaired buy "authorized" dealers? I would try emailing Apple support and asking them for a list of authorized repair places or ask them how to get it repaired. You can get a refurbished iPhone 6 for ~$225 https://www.d...
by bloom2708
Wed Apr 19, 2017 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford private school for my kids?
Replies: 67
Views: 4857

Re: Can I afford private school for my kids?

mac808 wrote:I don't know how student/teacher ratios translate into classroom sizes, but your kids are very unlikely to learn anything at all in a class with >20 students.


Hmmm. A good majority of people are unlikely to learn anything then. This statement would be false. :confused
by bloom2708
Wed Apr 19, 2017 8:07 am
Forum: Personal Consumer Issues
Topic: 2009 Toyota Highlander on the way out
Replies: 23
Views: 1657

Re: 2009 Toyota Highlander on the way out

One consideration you must bear in mind is fuel efficiency. Going from Toyota Highlander to the Denali, you are likely to notice significant increase in your fuel expense. That has been my dilemma for sometime now. I am considering the 2017 Chevy Tahoe and coming from a Honda. To be fair, the only ...
by bloom2708
Tue Apr 18, 2017 4:18 pm
Forum: Investing - Theory, News & General
Topic: Weight loss and investing
Replies: 34
Views: 3403

Re: Weight loss and investing

If only weight loss was as easy as investing..... :shock: We just passed a major holiday. Would anyone eat ham if you were trying to lose weight? or cheesy potatoes or 5 types of deserts? Nope. But tradition demands it. :oops: We were hosting. I said, let's make chicken instead of ham. You can't ea...
by bloom2708
Tue Apr 18, 2017 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: Why do I owe so much on my taxes?
Replies: 32
Views: 3758

Re: Why do I owe so much on my taxes?

How much tax (Fed and State) was withheld from the $10k part time job? My thought would be that very little tax was withheld because of the low annualized amount. But, when added to your regular pay, it pushes you into the next tax bracket. Owing $1,000 to Fed and $200 to state doesn't seem that unr...
by bloom2708
Tue Apr 18, 2017 3:38 pm
Forum: Personal Consumer Issues
Topic: 2009 Toyota Highlander on the way out
Replies: 23
Views: 1657

Re: 2009 Toyota Highlander on the way out

Happy wife, happy life. Ralph For a good number here, that saying is "cringe worthy". I understand what you mean, but many who don't have their financial house in order should not live by that motto. Yet they do. Many do. We don't have any money and have a lot of debt...but it will make m...
by bloom2708
Tue Apr 18, 2017 3:33 pm
Forum: Personal Consumer Issues
Topic: Mens Blue Jeans - What are we buying now?!
Replies: 86
Views: 7518

Re: Mens Blue Jeans - What are we buying now?!

Anyone else notice pants are bigger in the waist than the listed size on the pants. For example, I measure my waist at 35", I try on 34" pants and they fit loose with at least 1 extra inch in the waist. Anyone else have the same experience? I used to be 34 waist, now 33 and 32 seem to cov...
by bloom2708
Tue Apr 18, 2017 3:28 pm
Forum: Investing - Theory, News & General
Topic: Weight loss and investing
Replies: 34
Views: 3403

Re: Weight loss and investing

I agree with the similarities. Like fees, the best way to lose weight is to not gain it (pay it) in the first place. Hard lessons on both fronts. I have a "code red" weight. If I hit that number, I have to eat better and exercise more to get under it. More than "normal" eating go...
by bloom2708
Tue Apr 18, 2017 2:33 pm
Forum: Personal Consumer Issues
Topic: 2009 Toyota Highlander on the way out
Replies: 23
Views: 1657

Re: 2009 Toyota Highlander on the way out

There have been quite a few similar threads in the past week. Big purchases, not wanting to spend "saved" money on them. My summary: If you don't want to save or pay with existing funds (cash or sell taxable), then the amount is too high. Yes, you can lease, get a 60 or 72 month loan. Thos...

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