Search found 2831 matches

by bloom2708
Tue Nov 21, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 12694

Re: Dave Ramsey says don't use credit cards, even if you pay them off

I like most of Dave Ramsey's advice. His target audience is not the typical Boglehead reader. If you have a good salary, low debt and are "killing it Boglehead style", then you probably don't have to follow his advice on debt or credit card usage. We use a couple "rewards" credit cards and pay them ...
by bloom2708
Tue Nov 21, 2017 11:06 am
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 43
Views: 2622

Re: GE - a good value?

ChickenLittle wrote:
Tue Nov 21, 2017 10:59 am
I like VTI (Vanguard total market). It has some GE.
+1

Scratch your "itch" to buy something by buying more Total US Stock index (mutual fund or ETF). :wink:
by bloom2708
Tue Nov 21, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Car Lease Gotchas
Replies: 28
Views: 2004

Re: Car Lease Gotchas

I have owned cars and leased cars. In my experience I care MUCH less about minor dings and scratches on a lease than my own car. That is fair. So you just didn't care about getting dinged for additional fees when you turned the car in with issues? At one point my wife scuffed up the corner of the r...
by bloom2708
Tue Nov 21, 2017 10:51 am
Forum: Personal Consumer Issues
Topic: Recommend a daily driver
Replies: 43
Views: 1754

Re: Recommend a daily driver

Find a low mileage, one owner Lexus LS 430. Doesn't even have to be low-mileage as long as it hasn't been offroaded or turned into a hoopty. The LS430 is arguably the best car Lexus has ever made. Those things will run forever. I agree. Mine has 132k and drives like new. For many, the mileage hurdl...
by bloom2708
Tue Nov 21, 2017 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Car Lease Gotchas
Replies: 28
Views: 2004

Re: Car Lease Gotchas

The biggest obstacle (over time) with a lease is it FEELS like you are renting. Well, you are renting. The mileage limit (are we ahead or behind our allowance for miles?) combined with worrying about any door ding, scratch, or worse just isn't how I like to live. Looking for parking spots away from ...
by bloom2708
Tue Nov 21, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: Recommend a daily driver
Replies: 43
Views: 1754

Re: Recommend a daily driver

Find a low mileage, one owner Lexus LS 430.

Smooth, quiet, powerful, comfortable, doesn't stand out (I like that), reliable.
by bloom2708
Mon Nov 20, 2017 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Planning for the final months of work
Replies: 50
Views: 3404

Re: Planning for the final months of work

The best advice would be to thoroughly read threads here on a wide variety of topics for 6 months. Search for "Edward Jones" and read the many threads about people making the switch. You are in an early stage of "discovery" and "denial". Once you realize the long term impact of the fees and charges,...
by bloom2708
Mon Nov 20, 2017 2:33 pm
Forum: Personal Consumer Issues
Topic: Snow tires- are Hankooks any good?
Replies: 18
Views: 967

Re: Snow tires- are Hankooks any good?

Check out Toyo Celsius tires. They are a winter tire that can be driven year round.

It might be a good compromise and then you don't have to have two sets of wheels, reset TPMS, pay for switching 2x per year.
by bloom2708
Mon Nov 20, 2017 12:23 pm
Forum: Personal Consumer Issues
Topic: Best vehicle for seniors?
Replies: 57
Views: 3175

Re: Best vehicle for seniors?

This is the kind of car I would look for:

https://www.cars.com/vehicledetail/deta ... /overview/

Great ride, comfort, reliability, safety.
by bloom2708
Mon Nov 20, 2017 12:20 pm
Forum: Personal Consumer Issues
Topic: Drive it till it dies. It died.
Replies: 54
Views: 5756

Re: Drive it till it dies. It died.

As "Goal33" said, the vehicle with worthless except as spare parts if it doesn't move. Call your local, independent transmission shops and get their opinion. You may have to put a few thousand into it in order to sell it for a reasonable price. You can get a used transmission on eBay for around $97...
by bloom2708
Mon Nov 20, 2017 11:40 am
Forum: Personal Consumer Issues
Topic: New car buyers...you should consider financing
Replies: 39
Views: 2915

Re: New car buyers...you should consider financing

JupiterJones wrote:
Mon Nov 20, 2017 10:04 am
What a pain. Actually, your story makes me not want to consider financing.
+1

Did you mean to title your post "...you should NOT consider financing"?
by bloom2708
Fri Nov 17, 2017 10:27 pm
Forum: Personal Consumer Issues
Topic: Replace TVs with Smart Tvs or not?
Replies: 41
Views: 2884

Re: Replace TVs with Smart Tvs or not?

Add the latest Fire TV box to each for $69.95 each.

Keep the TVs.
by bloom2708
Fri Nov 17, 2017 10:59 am
Forum: Personal Consumer Issues
Topic: Car shopping tomorrow
Replies: 57
Views: 4728

Re: Car shopping tomorrow

A recent survey indicated that 94.78% of the time, "car shopping" turns into "car buying". :wink: Test drive in various conditions and road surfaces. Test drives tend to be a blur for me. I have to really focus on road noise, wind noise, ride harshness because of all the things taking your focus. Go...
by bloom2708
Fri Nov 17, 2017 9:59 am
Forum: Personal Consumer Issues
Topic: St. Petersburg, FL visit: Rental car, tolls, SunPass questions
Replies: 16
Views: 601

Re: St. Petersburg, FL visit: Rental car, tolls, SunPass questions

You are overly worried about tolls. The main one you will encounter is the Sunshine Skyway Bridge at $1.25 a trip. The SunPass saves 18 cents. Hardly seems worth the trouble or expense for two weeks. Gill +1 we just paid cash at the booth that accepts cash. No reason to setup a pass or pay the extr...
by bloom2708
Thu Nov 16, 2017 3:29 pm
Forum: Personal Consumer Issues
Topic: Windows 10/Edge Conflicts
Replies: 12
Views: 845

Re: Windows 10/Edge Conflicts

Edge is the default browser now, but Internet Explorer is still on your machine (for now).

At work I have to use a confusing mix of Edge and Internet Explorer as things transition. I use Chrome for other browsing.

You can change the default browser in the Settings area of Windows 10.
by bloom2708
Thu Nov 16, 2017 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 5112

Re: Help for semi retired friend with 8 figure savings

3 Fund Portfolio Works for $3,000 or $30,000,000. It would also free up some more time to enjoy having $30 million dollars. :wink: I am a fan of the 3 fund portfolio, although to be fair I have helped with his muni bonds and that is already 3 funds: VWIUX (intermediate term), VMLUX (limited term), ...
by bloom2708
Thu Nov 16, 2017 2:02 pm
Forum: Personal Consumer Issues
Topic: Basement heating
Replies: 12
Views: 736

Re: Basement heating

OK. I'll take a different approach. Do you do any closing of vents when cold weather starts? We have a two story with full basement. I open vents in the basement full. (Do you have enough vents?) I close some of the vents on the 2nd and main floors. We also have a ecobee3 thermostat that we have set...
by bloom2708
Thu Nov 16, 2017 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 5112

Re: Help for semi retired friend with 8 figure savings

bloom2708: This is a link to The Three-Fund Portfolio. I have written a Boglehead book about the many advantages (20) of The Three-Fund Portfolio. Wiley & Sons is expected to publish it early next year. Best wishes. Taylor Taylor. Thank you for writing the book. I plan on buying several copies and ...
by bloom2708
Thu Nov 16, 2017 1:41 pm
Forum: Personal Consumer Issues
Topic: Basement heating
Replies: 12
Views: 736

Re: Basement heating

https://home.woot.com/offers/iliving-in ... _zlm_nd2_2

How about something like this unit?
by bloom2708
Thu Nov 16, 2017 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Help for semi retired friend with 8 figure savings
Replies: 68
Views: 5112

Re: Help for semi retired friend with 8 figure savings

3 Fund Portfolio

Works for $3,000 or $30,000,000.

It would also free up some more time to enjoy having $30 million dollars. :wink:
by bloom2708
Thu Nov 16, 2017 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Pile of Cash - What to do
Replies: 25
Views: 2861

Re: Pile of Cash - What to do

A good time to reassess your mix of stocks/bonds.

With the amount you have invested, do you NEED to be 90/10? It sounds good in conversation "Me, I'm 90/10" (with a pile of cash), but you might not NEED to take that much risk now. And you aren't 90/10. :wink:

70/30 or 60/40.
by bloom2708
Thu Nov 16, 2017 10:35 am
Forum: Personal Consumer Issues
Topic: ASUS Student Chromebook - thoughts?
Replies: 22
Views: 1140

Re: ASUS Student Chromebook - thoughts?

I have an Asus C201PA-DS02-LG Chromebook. It is a great machine, battery lasts a long time. It does not support (Android Apps) at this point. I can't tell if it will after an update. Unlikely it will. The ASUS feels solid. Keyboard is nice. It is fast. I added an SD card for more photo storage. Low ...
by bloom2708
Wed Nov 15, 2017 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Fair way to split expenses?
Replies: 105
Views: 4489

Re: Fair way to split expenses?

Use the ratio of your take home pay. If you do not make the same, 50-50 doesn't work. You make $5,000 per month, she make $6,000 per month (take home pay). You pay 45%, she pays 55%. Assuming you are both contributing the same percentage to 401k plans and things like that. As you have pointed out, t...
by bloom2708
Wed Nov 15, 2017 10:30 am
Forum: Personal Consumer Issues
Topic: Michelin or Bridgestone?
Replies: 67
Views: 3537

Re: Michelin or Bridgestone?

Cooper.

I buy 40k to 60k mile tires that not so harsh. To get 80k or 100k out of a tire, it has to be hard and stiff.

I do not want to feel every bump and pothole. But, if you are just going to go to Costco, then you have to buy what they have in your size. That may be 1 or maybe 2 options.
by bloom2708
Wed Nov 15, 2017 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Why pay cash for a car?
Replies: 179
Views: 14658

Re: Why pay cash for a car?

Someone should do a documentary like "Supersize Me" but instead of food, ANY time you are given the option to finance something, you have to do it. Car, furniture, electronics. 0% for 3 years! Can't pass it up. Good deal! :shock: I will pay $500 extra to not have a car loan for 4 or 5 years. I don't...
by bloom2708
Tue Nov 14, 2017 5:13 pm
Forum: Investing - Theory, News & General
Topic: Dangers of a Broker
Replies: 7
Views: 1126

Re: Dangers of a Broker

Vanguard or Fidelity. Stop.
by bloom2708
Tue Nov 14, 2017 12:41 pm
Forum: Personal Consumer Issues
Topic: Keurig died...what now?
Replies: 73
Views: 5194

Re: Keurig died...what now?

Aren't the cups those things use environmental disasters? True but think of all the plastic in your car. Do you typically drive your car once and then throw it away? I do not think that was the point. If you stopped doing things or buying things because it was "bad for the environment", you could n...
by bloom2708
Tue Nov 14, 2017 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Borrowing from parents - what interest rate?
Replies: 52
Views: 3547

Re: Borrowing from parents - what interest rate?

A lot of personal bias leaking into the recommendations. The OP asked what interest rate to pay; not if the board thinks it okay to do it. Yep. I like that part. I don't know what I don't know. The OP might not know what they don't know either. Think outside of the box. or 2.75443% calcuated per an...
by bloom2708
Tue Nov 14, 2017 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Opinion of Total Stock Market Index
Replies: 21
Views: 2300

Re: Opinion of Total Stock Market Index

Total US Stock index is a very good fund. You did some unintended (maybe) things with your move. You went from ~90% stocks to 100% stocks (at least in taxable). You went from a fund with US stocks, international stocks, US bonds, international bonds and cash to a fund with only US stocks. You got un...
by bloom2708
Tue Nov 14, 2017 10:46 am
Forum: Investing - Help with Personal Investments
Topic: 3 fund Portfolio vs Multiple funds
Replies: 11
Views: 850

Re: 3 fund Portfolio vs Multiple funds

If you buy the whole market (Total US, Total International, Total US Bond), then if you buy other "good" funds, you are just buying more of what you already own.

More than likely those "good" funds cost more.

This is a tough concept. More is not always more.
by bloom2708
Tue Nov 14, 2017 10:19 am
Forum: Personal Consumer Issues
Topic: Paying for news?
Replies: 46
Views: 2589

Re: Paying for news?

Oh, and most of the sites are ad supported.

If you see all those flashing and blinking ads on the top, sides, bottom and middle of websites, that is pure cash money.

So by visiting sites, you are paying. Paying with your clicks and ad views.
by bloom2708
Tue Nov 14, 2017 10:04 am
Forum: Personal Consumer Issues
Topic: Paying for news?
Replies: 46
Views: 2589

Re: Paying for news?

I think you will have to help define what "news" means to you. "News" has a very broad meaning today. "I get all my news from Facebook..." likely means you aren't watching the Sunday morning news programs. I would not pay $1 a month for different news sites when there are tons of sites and news aggr...
by bloom2708
Tue Nov 14, 2017 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Borrowing from parents - what interest rate?
Replies: 52
Views: 3547

Re: Borrowing from parents - what interest rate?

djpeteski wrote:
Tue Nov 14, 2017 7:15 am
Don't do it.
+1

Family dinners and visits will have a new "vibe". Banker sharing meals with the lender.

If you need a large loan from your parents, you cannot afford the house at this point.
by bloom2708
Tue Nov 14, 2017 9:29 am
Forum: Personal Consumer Issues
Topic: Keurig died...what now?
Replies: 73
Views: 5194

Re: Keurig died...what now?

I like my Keurig for guests and variety, teas, hot chocolate for kids and non-coffee drinkers. I would just buy another. It is worth the money. I never had much luck with the reusable Keurig filter. If I didn't use a paper filter, then my cup was full of sediment. If I used the paper filter it was a...
by bloom2708
Mon Nov 13, 2017 5:05 pm
Forum: Investing - Theory, News & General
Topic: At what rate of return would you keep a whole life policy?
Replies: 21
Views: 1441

Re: At what rate of return would you keep a whole life policy?

I have no idea how to calculate the return on this "investment". I think the cash value and other items are "look over there!!!". They get you confused and distract you from the fact that you "earn" interest/dividends that you won't collect. You will be dead and the face value will be paid to the b...
by bloom2708
Mon Nov 13, 2017 4:06 pm
Forum: Investing - Theory, News & General
Topic: At what rate of return would you keep a whole life policy?
Replies: 21
Views: 1441

Re: At what rate of return would you keep a whole life policy?

WL does not work like that, otherwise there would be no reason to keep the policy. In the policies I've seen, the death benefit is always bigger than the surrender value; but you are right that you can get only one and not the other. I'm not following. Are you saying you buy a $50k whole life polic...
by bloom2708
Mon Nov 13, 2017 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Verizon Wireless - Asking for a lower rate
Replies: 21
Views: 2338

Re: Verizon Wireless - Asking for a lower rate

You could switch to a Prepaid plan. You could switch to Total Wireless (Verizon coverage) and pay $33.20/month with auto-pay (plus tax) for Unlimited/Unlimited/5GB 4G LTE data. I guess it can't hurt to call and say, "It is just one line, I want to lower my bill, what are some options?" I do not thin...
by bloom2708
Mon Nov 13, 2017 1:49 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 140
Views: 8972

Re: Thoughts about wearing a "uniform"/same thing everyday?

A couple years back I wore the same shirt to work for 12 days leading up to Christmas. "12 days of Xmas shirt". I washed it of course. Not one person noticed, commented or said anything. My wife thought I was crazy. My point was that it doesn't matter. I could have 2, 3, 4 shirts and just rotate wit...
by bloom2708
Mon Nov 13, 2017 1:43 pm
Forum: Investing - Help with Personal Investments
Topic: Why pay cash for a car?
Replies: 179
Views: 14658

Re: Why pay cash for a car?

Part of the joy of paying cash for a car is knowing that you saved the funds and can use them. Many know they can/could save for a car purchase (or other big purchase). They simply don't. Where would one get this "saved" money? I'm trying to max my 401k, fill our Roths, HSA, save for college, etc. I...
by bloom2708
Mon Nov 13, 2017 1:21 pm
Forum: Investing - Theory, News & General
Topic: At what rate of return would you keep a whole life policy?
Replies: 21
Views: 1441

Re: At what rate of return would you keep a whole life policy?

If you have a $50k policy and the cash value grows at 5, 10, 15%, I'm not sure how that helps. If the person dies, the policy pays $50k. The cash value is gone. What good was the "growth"? If you cash the policy and get the growth (before the death), then you pay taxes on the growth. Would the retur...
by bloom2708
Sat Nov 11, 2017 7:34 am
Forum: Personal Consumer Issues
Topic: Swedish Death Cleaning [De-clutter your home]
Replies: 63
Views: 6778

Re: Swedish Death Cleaning

I like the name. I am currently learning Swedish.

Take a digital photo of sentimental items.

Make a garbage pile. Make a thrift store pile.

Repeat with things you keep 6 months later.
by bloom2708
Fri Nov 10, 2017 10:16 am
Forum: Personal Consumer Issues
Topic: Bicycle wheels - what's a reasonable budget
Replies: 38
Views: 1777

Re: Bicycle wheels - what's a reasonable budget

Don't just do something (to your bike). Ride it. $1.5k or $3k or $5k wheels won't do it. I would continue to enjoy biking and admit when you won't always be the best. It is OK. My new Runner's World magazine has a great 2 page article about being OK with average. A runner who isn't fast and doesn't ...
by bloom2708
Thu Nov 09, 2017 5:39 pm
Forum: Personal Consumer Issues
Topic: Best mobile Family Plan for 4 Lines?
Replies: 21
Views: 1083

Re: Best mobile Family Plan for 4 Lines?

Where we live, I do not consider Sprint or T-Mobile due to coverage. Get off the interstates and coverage is gone. If in a big metro, you are probably ok. Just not worth messing with someone other than AT&T or Verizon for us. I know you mentioned Total Wireless in another thread. That would be my ch...
by bloom2708
Thu Nov 09, 2017 5:32 pm
Forum: Personal Consumer Issues
Topic: Should I bail on AT&T and Directv?
Replies: 25
Views: 1832

Re: Should I bail on AT&T and Directv?

AT&T is losing customers every month. I'm sure they are getting sick and tired of the calls. Tough to compare AT&T with Sprint. If you are in a large metro area, Sprint is ok. If you go off the beaten path, the coverage is not as good. AT&T and Verizon have the best coverage. With the Sprint and T-M...
by bloom2708
Thu Nov 09, 2017 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: Criticize my portfolio please but have mercy on me
Replies: 21
Views: 2368

Re: Criticize my portfolio please but have mercy on me

Pick Vanguard for your Roth IRA unless you have some affinity for Fidelity, Schwab, etc. Back Door Roth looks something like this. 1. Open a Non-deductible Traditional IRA at Vanguard (no tax advantage, after tax dollars) 2. Put $5,500 in (You can also do this for your spouse if married) 3. Wait unt...
by bloom2708
Thu Nov 09, 2017 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Where am I and where am I going?
Replies: 16
Views: 1757

Re: Where am I and where am I going?

I sort of treat the Life Strategy Income fund as a cash equivalent and I am trying to cover the expenses until 70 using the cash. Once I get to RMD time I will settle on some sort of cash "need" and then probably mimic my tax advantaged asset allocation in my taxable allocation. I think that the in...
by bloom2708
Thu Nov 09, 2017 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Where am I and where am I going?
Replies: 16
Views: 1757

Re: Where am I and where am I going?

Moving out of Lifestrategy Income in taxable would be a good move in a higher tax bracket. The taxable bond portion is going to get dinged in taxable.

Maybe it is a small enough amount it doesn't really matter.
by bloom2708
Thu Nov 09, 2017 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Criticize my portfolio please but have mercy on me
Replies: 21
Views: 2368

Re: Criticize my portfolio please but have mercy on me

OP, do you at least get to pick your mix of stocks and bonds in your 401k? Looks like 7% bonds. High income. Where did all your money go over the past 20+ years? It helps to understand the past to go forward. Is your high income recent? You should be maxing out your pre-tax 401k to save the 33% tax ...
by bloom2708
Thu Nov 09, 2017 2:51 pm
Forum: Personal Consumer Issues
Topic: Should I bail on AT&T and Directv?
Replies: 25
Views: 1832

Re: Should I bail on AT&T and Directv?

A lot depends on your options for internet only. If you have one option and it is $80+/month for internet only, then it might be a tougher sell. You certainly can save a bunch of money and maybe more importantly have a more simple solution. The landline is complicated. Years back, we transferred our...
by bloom2708
Thu Nov 09, 2017 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: pick one for me..
Replies: 14
Views: 1146

Re: pick one for me..

Sell rental property. Put any balance on your primary residence mortgage.

Then just pay the normal payment as your taxable grows. One day get sick and tired of your mortgage and pay it off.

Some love rentals. One job is more than enough for me.