Search found 3720 matches

by bloom2708
Thu Apr 19, 2018 7:08 pm
Forum: Personal Consumer Issues
Topic: Another discussion about private vs public schools?
Replies: 61
Views: 2280

Re: Another discussion about private vs public schools?

If you have two kids and pay $20k each for 19 years of PK thru grade 12, you will spend nearly $800k. There are nineteen school years in between pre-K and high school graduation? I’m as big a fan as any of early childhood education, but this would require enrolling unborn fetuses... Oops. I am a ma...
by bloom2708
Thu Apr 19, 2018 4:28 pm
Forum: Personal Consumer Issues
Topic: Car value: old car with low mileage
Replies: 21
Views: 876

Re: Car value: old car with low mileage

KBB is not always accurate for high demand cars like Honda and Toyota. I was helping a elderly relative sell a 15 year old Honda with 30k miles. KBB was like $2k, I was going to ask $2.5k due to low mileage. A different relative wanted to buy it before I listed it on craigslist but had someone tell...
by bloom2708
Thu Apr 19, 2018 4:20 pm
Forum: Personal Consumer Issues
Topic: Another discussion about private vs public schools?
Replies: 61
Views: 2280

Re: Another discussion about private vs public schools?

If you have two kids and pay $20k each for 19 years of PK thru grade 12, you will spend nearly $800k. Then factor in growth those funds could have had over 18 years. That just gets you to college. Tack on another $Xk. You may make great incomes. Those may continue. Your choice will cost you around o...
by bloom2708
Thu Apr 19, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Feedback needed on my portfolio
Replies: 10
Views: 488

Re: Feedback needed on my portfolio

Put the Prime Money Market funds to "work" today or tomorrow. Exchange to the other funds. Will take 5 minutes. Split it across the other 4 funds in your 401k at the percentages you want to maintain. No need to buy other funds. 500 + Extended, International, Bonds. REIT is a tilt, keep it to 5% or u...
by bloom2708
Thu Apr 19, 2018 3:55 pm
Forum: Personal Consumer Issues
Topic: Car value: old car with low mileage
Replies: 21
Views: 876

Re: Car value: old car with low mileage

My Lexus timing belt is 9 years or 90k miles.

With 10k on the timing belt, I would not change it. If the car is nice, it will sell fast. Collector plates soon!
by bloom2708
Thu Apr 19, 2018 3:26 pm
Forum: Personal Consumer Issues
Topic: Car value: old car with low mileage
Replies: 21
Views: 876

Re: Car value: old car with low mileage

If you drive many cars in the "Under $5,000" category on Craigslist, you know what you get most of the time. Junk with issues and deferred maintenance.

I would list it for $4,200 and take $4,000. This is assuming the condition matches the low miles. If it is dinged up, then price accordingly.
by bloom2708
Thu Apr 19, 2018 3:01 pm
Forum: Personal Consumer Issues
Topic: Car value: old car with low mileage
Replies: 21
Views: 876

Re: Car value: old car with low mileage

30k miles could provide a premium. Has the car been sitting? Tires good? From 96, rubber bits could be going or gone. Belts, hoses. Did the 96 Corolla have a timing belt or chain? If belt, that should be replaced by time/age, not miles. I would list it with great pictures and do 2x KBB Private Party...
by bloom2708
Thu Apr 19, 2018 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Any reason to have both Wellington and 2035 Target in 401k?
Replies: 2
Views: 184

Re: Any reason to have both Wellington and 2035 Target in 401k?

Every stock/bond in Target 2035 is duplicated in Wellington.

No need to have them both. Wellington is likely costing you a bit more.

If the mix of stocks/bonds in 2035 matches your desired allocation, I would combine them. Less is more.
by bloom2708
Wed Apr 18, 2018 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Expensive house... does this make sense?
Replies: 24
Views: 2164

Re: Expensive house... does this make sense?

Too many potential pitfalls and red flags.

I think you should pass and hope to (soon) fall in love (shouldn't really do) with a house that is more affordable.
by bloom2708
Wed Apr 18, 2018 2:47 pm
Forum: Personal Consumer Issues
Topic: How to pay for travel? Redeem CC points vs cash vs apply for new card?
Replies: 3
Views: 454

Re: How to pay for travel? Redeem CC points vs cash vs apply for new card?

$300 to $400 is your trip total or just the flight? Using reward points already earned (#1) is certainly best. You don't have to do anything. You exchange points for the flight. "Free" except for the money spent to earn the points. #2, you are just paying. I don't think that can be better than 1 or ...
by bloom2708
Wed Apr 18, 2018 2:41 pm
Forum: Investing - Help with Personal Investments
Topic: Bond allocation for taxable accounts
Replies: 5
Views: 541

Re: Bond allocation for taxable accounts

Can you move to Target 2020 or Target 2025 to up your bond percentage? Then keep taxable stocks (US + International)?

Pick the target fund that matches your desired mix of stocks and bonds and keeps your overall/complete portfolio where you want it.
by bloom2708
Wed Apr 18, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: First iPhone upgrade for VZW Post Contract Subsidies: Where to Buy?
Replies: 6
Views: 363

Re: First iPhone upgrade for VZW Post Contract Subsidies: Where to Buy?

So to clarify. I would like to stay with VZW and keep my current plan. The only thing I'm looking to do is get the best deal possible on a new iPhone 8. With those additional criteria, go to your Verizon store, ask for an iPhone 8/8 plus and pay for it $20/month over the next 2 years. Say you want ...
by bloom2708
Wed Apr 18, 2018 10:57 am
Forum: Personal Consumer Issues
Topic: First iPhone upgrade for VZW Post Contract Subsidies: Where to Buy?
Replies: 6
Views: 363

Re: First iPhone upgrade for VZW Post Contract Subsidies: Where to Buy?

Consider switching to an MVNO and paying for the phone. Total Wireless - Verizon towers. https://shop.totalwireless.com/shop/en/totalwireless/phones/tw-iphone-8-64gb-cdma $699 for the iPhone 8 64gb. $33.20/month for 5GB data and unlimited calls for one line. How does this compare with your current V...
by bloom2708
Wed Apr 18, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: car [pay off, or invest instead?]
Replies: 2
Views: 172

Re: car [pay off, or invest instead?]

If you are < 30 and the interest rate is <3%, then it probably doesn't matter. You have both time and lower rates on your side. In general, debt is dumb (thanks Dave Ramsey). But, it is hard to save up for big purchases. Many things tugging at your income. If you have $14k sitting in savings, then p...
by bloom2708
Wed Apr 18, 2018 10:10 am
Forum: Personal Consumer Issues
Topic: How do you know what price to negotiate when buying a used car?
Replies: 28
Views: 1419

Re: How do you know what price to negotiate when buying a used car?

+1 for Cargurus. I find their "Deal or no Deal" to be quite accurate. You can limit your search to a range you are willing to drive. Your best deal will be a 2015 private party. Find a one owner car whose owner wants a new SUV or needs more room for family or some excuse they are using to sell a nea...
by bloom2708
Wed Apr 18, 2018 8:56 am
Forum: Investing - Help with Personal Investments
Topic: I want to pay off my mortgage. Am I crazy?
Replies: 54
Views: 4725

Re: I want to pay off my mortgage. Am I crazy?

It makes no sense to pay off a mortgage, except it is a wonderful event. Check the box. Cross if off your bucket list. Get rid of the hassle.

Pay it off.

Re-visit 1 year later. If you miss it, then get a new mortgage.
by bloom2708
Wed Apr 18, 2018 8:53 am
Forum: Investing - Help with Personal Investments
Topic: Suggestions on my mother’s holdings
Replies: 2
Views: 255

Re: Suggestions on my mother’s holdings

Gains/losses do not matter in the Roth. If there are net losses in the taxable, then she can move to the fund/funds that fit her investment goals without worry of owing tax on the gains. What is her desired asset allocation? Her mix of stocks and bonds? Does she withdraw money monthly from these acc...
by bloom2708
Wed Apr 18, 2018 8:45 am
Forum: Personal Consumer Issues
Topic: landline solutions
Replies: 27
Views: 1362

Re: landline solutions

$25 is about a low as you can go for traditional/full telephone service. Anything else is Voice over IP, or internet based.

Just keep paying it.
by bloom2708
Wed Apr 18, 2018 8:17 am
Forum: Personal Finance (Not Investing)
Topic: Do you consider mortgage payments as savings?
Replies: 414
Views: 33142

Re: Do you consider mortgage payments as savings?

Inside your Net Worth, a mortgage payment has 2 parts: 1. Transfer of cash to Principle (no change in your net worth - mortgage balance is a bit lower, cash is a bit lower) 2. Expense cash goes out to pay the interest, taxes, insurance part of the payment (interest paid is gone, taxes gone, insuranc...
by bloom2708
Tue Apr 17, 2018 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Retire early. Do you think it is possible?
Replies: 33
Views: 2871

Re: Retire early. Do you think it is possible?

Come up with some educated guesses about what your annual expenses will look like in 8-10 years. Divide that number by .035. That will give a rough estimate of what you might shoot for saving. Example: Expenses: $75,000 / .035 = ~2,140,000 Can you get there? Yes. Certainly. Is retiring at 57 "early"...
by bloom2708
Tue Apr 17, 2018 1:34 pm
Forum: Personal Consumer Issues
Topic: PC laptops
Replies: 89
Views: 3216

Re: PC laptops

i3 or i5, 128gb or 256gb SSD drive, 4gb or 8gb RAM If you set your lower boundaries and don't get below, you will get a pretty fast, very usable laptop. There are a bunch of ways to shop for a laptop. New, Refurb. Sites like eBay, woot.com, amazon.com, slickdeals, techbargains. I like Lenovo. At wor...
by bloom2708
Tue Apr 17, 2018 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Plan Review please
Replies: 43
Views: 3714

Re: Retirement Plan Review please

Have you considered downsizing? What percentage of your proposed $30k expenses is related to the $450k house?

Property taxes, insurance, repairs/maint, utilities have to be 1/3 of your expenses if you are counting everything.

You have good advice, just make sure expenses are all discovered.
by bloom2708
Tue Apr 17, 2018 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Too much rent?
Replies: 21
Views: 1741

Re: Too much rent?

Wanting and needing a fenced yard for your dog are two different things. :wink: What if your apartment was within close distance of a park/dog park? You will have to decide if dog > owning a house. We can't answer that. I like the post about you picking how urgent your house buying is. Paying an ext...
by bloom2708
Tue Apr 17, 2018 11:15 am
Forum: Personal Consumer Issues
Topic: Donate or give-away scooter?
Replies: 9
Views: 752

Re: Donate or give-away scooter?

At some point in the past 5 years I moved into a new stage. I no longer have to get "full value" from items I have purchased in the past. Whether I used them, no longer use them or never used the items. It is freeing to just give stuff away if you can. Getting rid of items that drag you down for wha...
by bloom2708
Tue Apr 17, 2018 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Help me explain why pre-tax investing can help when retiring in same bracket
Replies: 66
Views: 4312

Re: Help me explain why pre-tax investing can help when retiring in same bracket

I would think the government (now) likes Roth. If you choose Roth 401k or Roth IRA you certainly pay the tax now. Whatever the rate. It is paid. Starting from the bottom and filling the buckets means you pay 0%, 10%, 15%, 22% on the dollars as you fill them up. If you have a pension to fill up those...
by bloom2708
Tue Apr 17, 2018 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio review - doing the 3-funds with a tilt
Replies: 16
Views: 933

Re: Portfolio review - doing the 3-funds with a tilt

I like your plan. I don't do tilts, but yours seem fine (REIT, Small Cap) 1. Do 100% pre-tax to your Thrift. There are some good current threads on this topic. Unless you are in a very small fringe case (very low income or very, very high income), defer tax to down the road. Invest more now and let ...
by bloom2708
Tue Apr 17, 2018 9:31 am
Forum: Personal Consumer Issues
Topic: Donate or give-away scooter?
Replies: 9
Views: 752

Re: Donate or give-away scooter?

Do you have a local tech school that might fix it as part of a project?

If you put $300 into fixing it, might it be worth $500 again? Netting you $200 more than $0 (giving away).
by bloom2708
Tue Apr 17, 2018 8:02 am
Forum: Personal Consumer Issues
Topic: car at 80
Replies: 59
Views: 3939

Re: car at 80

The ES 350 is a good car. Also test drive a CPO RX 350. It might be easier to stay "up" in the SUV as compared to dropping down into a sedan. Try them both. Both are very nice cars. The sedan will ride better. The RX 350 will give you AWD in weather conditions. My 75 year old dad doesn't like riding...
by bloom2708
Mon Apr 16, 2018 4:28 pm
Forum: Personal Consumer Issues
Topic: How to delist a bogus Craigslist entry
Replies: 7
Views: 1269

Re: How to delist a bogus Craigslist entry

If you know the specific add, click "Prohibited" on the listing.

Do it from your phone, a laptop, a tablet. After 2 or 3 flags, the listing is pulled.
by bloom2708
Mon Apr 16, 2018 4:19 pm
Forum: Personal Consumer Issues
Topic: Owning 3 vehicles
Replies: 27
Views: 1958

Re: Owning 3 vehicles

Parking on the street would add a new element. I know nothing about the vehicle. I am spending your future money. Maybe check out a Pacifica Hybrid. I know, I know. The plug-in hybrid has a ~33 mile all electric range. Then it is a hybrid. Is your commute over 33 miles round trip? It looks sharp, st...
by bloom2708
Mon Apr 16, 2018 4:15 pm
Forum: Personal Consumer Issues
Topic: High Mileage Car Lease
Replies: 14
Views: 700

Re: High Mileage Car Lease

Could it be 20k miles or 25k miles? That is the gotcha. What if you are halfway through your lease and are over 30k miles? Now you have the dreaded "got to watch the miles". 1,500 mile trip planned? Watching miles. Overage miles tend to be expensive. I agree. Run some numbers. Lay out some options. ...
by bloom2708
Mon Apr 16, 2018 4:12 pm
Forum: Personal Consumer Issues
Topic: Owning 3 vehicles
Replies: 27
Views: 1958

Re: Owning 3 vehicles

You could buy everyone in the family a Brompton folding bike and see if you can get 4 in a Prius trunk. I would guess they would fit. A 3rd family truckster seems reasonable. You don't have weather issues like ahem some places where parking a car outside is hazardous to its health. I would not buy a...
by bloom2708
Mon Apr 16, 2018 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Structured Settlement versus cash
Replies: 10
Views: 897

Re: Structured Settlement versus cash

Very sorry for your loss. A structured settlement would be along the lines of annuity. Payments over X years. You would have to figure out what the fees are and what happens if something happens to the company paying the settlement (monthly I assume?). All things equal, I would want to take a lump s...
by bloom2708
Mon Apr 16, 2018 3:32 pm
Forum: Investing - Theory, News & General
Topic: Firstrade Makes a Splash With 700 Commission-Free ETFs (Including Vanguard!)
Replies: 12
Views: 1490

Re: Firstrade Makes a Splash With 700 Commission-Free ETFs (Including Vanguard!)

More trades to entice you to "trade more" and generate fees. I don't pay any trade fees at Vanguard. I buy and hold the mutual fund versions (not ETF). Free trades are not an enticement. The "splash" is not about 'more trades' -- it is about trades in more securities including Vanguard ETFs which i...
by bloom2708
Mon Apr 16, 2018 3:26 pm
Forum: Investing - Theory, News & General
Topic: Investing proceeds of home sale
Replies: 15
Views: 1126

Re: Investing proceeds of home sale

Do you have an HSA you can fill up? At 4.25%, paying down the mortgage is a pretty nice guaranteed return. Is there a fee to re-cast? Re-cast is different from just paying a chunk on principle. Paying ahead keeps your payment the same but more goes to principal. You skip ahead on the payment schedul...
by bloom2708
Mon Apr 16, 2018 2:20 pm
Forum: Personal Consumer Issues
Topic: High Mileage Car Lease
Replies: 14
Views: 700

Re: High Mileage Car Lease

You can tinker with the Lease Hackr calculator: https://leasehackr.com/calculator/ BUT, they only let you choose 10k, 12k or 15k miles. I've had some brilliant leases in my calculator. Then I go to the dealer and the 24 month/$170 lease somehow comes out for 39 months at $350 and they tell me what a...
by bloom2708
Mon Apr 16, 2018 1:36 pm
Forum: Personal Consumer Issues
Topic: High Mileage Car Lease
Replies: 14
Views: 700

Re: High Mileage Car Lease

With 20k+ miles driven per year, I think you are outside of the primary (or 80%) use case for a lease. They usually aren't a "deal" for the 10k driver.

Especially on a Corolla or Camry which can be purchased outright for $18k to $23k new.
by bloom2708
Mon Apr 16, 2018 1:10 pm
Forum: Personal Finance (Not Investing)
Topic: Financial optimization for move and retirement
Replies: 4
Views: 566

Re: Financial optimization for move and retirement

I would sell the CA house and pay cash. That allows you to leave your investments in place. Selling taxable it is the place to come up with the money if you must buy before selling. Be aware of the gains triggered and set cash aside for taxes owed. Do you expect your CA house to take a while to sell...
by bloom2708
Mon Apr 16, 2018 12:50 pm
Forum: Personal Consumer Issues
Topic: Having Child; Car Purchase maybe?
Replies: 40
Views: 1706

Re: Having Child; Car Purchase maybe?

Spend $50 to $75 on a compact folding stroller: https://www.amazon.com/dp/B00O20OD4S/ref=sxr_zg_dy_1_a_it?pf_rd_m=ATVPDKIKX0DER&pf_rd_p=3525596382&pd_rd_wg=euBhD&pf_rd_r=ZCD5X7PES3SGSYAY5R2Y&pf_rd_s=desktop-rhs-carousels&pf_rd_t=301&pd_rd_i=B00O20OD4S&pd_rd_w=JVu2V&pf_rd_i=compact+stroller&pd_rd_r=...
by bloom2708
Mon Apr 16, 2018 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: What to do about withdrawal this year if market doesn't go up?
Replies: 32
Views: 2799

Re: What to do about withdrawal this year if market doesn't go up?

What percentage of your portfolio does $50k represent? If you are following the 4% rule (or 3.5% rule), take your withdrawal as normal.
by bloom2708
Mon Apr 16, 2018 12:41 pm
Forum: Personal Consumer Issues
Topic: defensive home buying
Replies: 13
Views: 2152

Re: defensive home buying

If you have 20% down, have accounted for the increase in expenses (property tax, insurance, repairs/maintenance, upgrades, furniture, landscaping, etc) then now is the time to buy. Owning a home is more expensive than you think. Your home will find new and exciting ways to extract money from your ac...
by bloom2708
Mon Apr 16, 2018 11:58 am
Forum: Personal Consumer Issues
Topic: Having Child; Car Purchase maybe?
Replies: 40
Views: 1706

Re: Having Child; Car Purchase maybe?

Spend $50 to $75 on a compact folding stroller: https://www.amazon.com/dp/B00O20OD4S/ref=sxr_zg_dy_1_a_it?pf_rd_m=ATVPDKIKX0DER&pf_rd_p=3525596382&pd_rd_wg=euBhD&pf_rd_r=ZCD5X7PES3SGSYAY5R2Y&pf_rd_s=desktop-rhs-carousels&pf_rd_t=301&pd_rd_i=B00O20OD4S&pd_rd_w=JVu2V&pf_rd_i=compact+stroller&pd_rd_r=2...
by bloom2708
Mon Apr 16, 2018 11:48 am
Forum: Personal Consumer Issues
Topic: How do you determine what internet speed you need?
Replies: 32
Views: 1037

Re: How do you determine what internet speed you need?

30 mb would be a great spot, but I really don't like "Promotional Rates". The concept itself just makes me shake my head. "We want you as a customer, will give you this price, but a bit later you won't be as good a customer, so we'll put the price back to that much higher rate...". Ick. Consider buy...
by bloom2708
Mon Apr 16, 2018 10:09 am
Forum: Investing - Theory, News & General
Topic: Firstrade Makes a Splash With 700 Commission-Free ETFs (Including Vanguard!)
Replies: 12
Views: 1490

Re: Firstrade Makes a Splash With 700 Commission-Free ETFs (Including Vanguard!)

More trades to entice you to "trade more" and generate fees.

I don't pay any trade fees at Vanguard. I buy and hold the mutual fund versions (not ETF). Free trades are not an enticement.
by bloom2708
Mon Apr 16, 2018 7:54 am
Forum: Personal Consumer Issues
Topic: Costco gas
Replies: 67
Views: 5338

Re: Costco gas

Our Costco is not in a great location for frequent fill-ups. But, it is 15 cents cheaper on Premium and 4% on the Costco Visa makes it hard to pass up if I am in that area. Regular unleaded is almost all the same price, but Premium varies widely. There are two stations of the same brand about 1.5 mi...
by bloom2708
Sat Apr 14, 2018 5:23 pm
Forum: Personal Consumer Issues
Topic: Used Ford Explorer: Limited vs. Sport trim
Replies: 4
Views: 449

Re: Used Ford Explorer: Limited vs. Sport trim

Drive both. Limited has a good set of features. 18” XLT has better ride

Sport will have a firmer ride. Test drive on a bumpy road.

We opted for a Limited.
by bloom2708
Fri Apr 13, 2018 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Ray Dalio - All-weather - which Vanguard EFTs to invest?
Replies: 20
Views: 2319

Re: Ray Dalio - All-weather - which Vanguard EFTs to invest?

For the record, Jack Bogle and Warren Buffett don't look at Gold as an investment. Stick with stocks and bonds and adjust your AA accordingly. If you are looking at the All Weather, you must be on the conservative side. So maybe 40/60? Just a thought. IMHO no need to complicate the process. It is a...
by bloom2708
Fri Apr 13, 2018 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs Independent Certified Financial Planner
Replies: 15
Views: 1301

Re: Vanguard vs Independent Certified Financial Planner

Could you ask your question here? Lower cost.
by bloom2708
Fri Apr 13, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard 2030 TDF [Target Date retirement Fund]
Replies: 6
Views: 780

Re: Vanguard 2030 TDF [Target Date retirement Fund]

Welcome. You should add some details. Use the "Asking Portfolio Questions" thread to assist. https://www.bogleheads.org/forum/viewtopic.php?t=6212 Based on the amount mentioned, this is your Traditional IRA? Do you have a 401k? Roth IRA? Taxable investing account? Target 2030 is a low cost, diversif...
by bloom2708
Fri Apr 13, 2018 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Should you always use a 529?
Replies: 32
Views: 1357

Re: Should you always use a 529?

Find a mix. We did 50% into the 529. 50% went into a taxable account.(some use Roth). I created a taxable account at Vanguard for each kid, but it is a joint account for my wife/me. Both accounts were 80/20 when the kids were little. We gradually got more conservative. Our oldest is 18 now and her d...