Search found 597 matches

by dad2000
Wed Aug 10, 2016 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: Should I refinance w/ Aimloan?
Replies: 23
Views: 1602

Re: Should I refinance w/ Aimloan?

I guess experiences vary. Aimloan aka Dovenmuehle was the worst. The origination of my loan with Aimloan was okay, but the servicing was miserable. On two different occasions, they swore up and down that they paid my property taxes but failed to do so. Even after multiple phone calls and letters, it...
by dad2000
Tue Jul 26, 2016 10:27 am
Forum: Personal Consumer Issues
Topic: What is your plan if you lose job tomorrow ??
Replies: 73
Views: 5967

Re: What is your plan if you loose job tomorrow ??

We're both older than 45, which seems to be the point at which finding a new job becomes exceedingly difficult. We both have bachelor's degrees which certainly helps. Just as it's a Boglehead principle to reduce risk in investing by diversifying, we've taken the same approach (diversity) with our jo...
by dad2000
Sun Jul 17, 2016 8:29 am
Forum: Personal Consumer Issues
Topic: Hatchback to match Camry on price/comfort/reliability?
Replies: 42
Views: 3044

Re: Hatchback to match Camry on price/comfort/reliability?

One recommendation is not to get too dazzled by the tech in some of the cars. Some of the manufacturers have gone too far with some of it IMHO. From what I've seen, it's not all reliable, and can become a distraction to your driving. We've been conditioned for so many years to certain things (for ex...
by dad2000
Wed Jul 13, 2016 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Boss cutting salary in response to employee not doing "job"
Replies: 78
Views: 8716

Re: Boss cutting salary in response to employee not doing "job"

It doesn't sound like a great job anyway, so the best thing to do is probably to leave. My only question is about the "fixed salary" comment. Does she work more than 40 hours per week? Based on her job duties, it sounds like she would be classified as a non-exempt employee that should get ...
by dad2000
Tue Jul 12, 2016 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Ideal allocation for someone who has reached their "number"
Replies: 32
Views: 3388

Re: Ideal allocation for someone who has reached their "number"

Managing your money can be as hard as earning it. I agree. It was a lot easier when I had little to lose and had many more years of potential income. And the market doesn't seem cheap right now. Though I'm only about 50, I've done well enough that early retirement in the next 3-5 years is a possibi...
by dad2000
Mon Jul 11, 2016 8:37 am
Forum: Personal Consumer Issues
Topic: Email compromised: How serious?
Replies: 45
Views: 3335

Re: Email compromised: How serious?

This is a good site for determining if your usernames or email addresses as username have been compromised in some of the data breaches. If the account username or email address shares a password with other accounts, then you can assume those accounts can also be compromised. https://haveibeenpwned...
by dad2000
Fri Jul 01, 2016 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Where were you financially when you were at 30?
Replies: 226
Views: 23891

Re: Where were you financially when you were at 30?

Things can change a lot between 30 and 50. Only have a B.S. from mid-tier state school, but consider myself intelligent, hard-working, and a little lucky. @30, in 2016 dollars: Single Renting ~$25k in retirement savings No debt Used car worth about $12k Salary: $85k @50, in 2016 dollars: Married wit...
by dad2000
Thu Jun 30, 2016 3:56 pm
Forum: Personal Consumer Issues
Topic: Why is everyone up in arms about Costco's credit transition?
Replies: 65
Views: 5431

Re: Why is everyone up in arms about Costco's credit transition?

The only issue I had with the credit card transition is that my previous statements in PDF format aren't available on the Citi website, and my Amex online account has nothing left in it. I can however download the historical transactions through the Citi site, as they were transferred over. Previou...
by dad2000
Wed Jun 29, 2016 9:55 am
Forum: Personal Consumer Issues
Topic: Why is everyone up in arms about Costco's credit transition?
Replies: 65
Views: 5431

Re: Why is everyone up in arms about Costco's credit transition?

I've only been to Sam's Club a few times, but it was in no way comparable to Costco IMHO. Vastly different merchandise, shopping experience, and benefits IMHO. I don't see Costco losing memberships to Sam's Club in any significant way. As far as the credit transition, I received mailings from Amex, ...
by dad2000
Wed Jun 22, 2016 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Very tough career choice (ego, startup, San Francisco Bay Area)
Replies: 52
Views: 5532

Re: Very tough career choice (ego, startup, San Francisco Bay Area)

I agree with cheese_breath. If they are preparing for a liquidity event, it doesn't surprise me that they'd bring in a few more experienced executives. BTW, as a manager in a similar field, I feel like my skills have deteriorated because I've been doing less technical work. As long as you're compens...
by dad2000
Wed Jun 15, 2016 7:11 pm
Forum: Personal Consumer Issues
Topic: Repair or Replace Vehicle?
Replies: 20
Views: 1512

Re: Repair or Replace Vehicle?

If you plan to keep it... From prior experience with Honda/Acura vehicles of that era, there is a fitting that eventually rusts and fails usually after 100k, causing radiator fluid to be flushed into the transmission. They refer to the new transmission fluid mix as pink slime. Check out if your mode...
by dad2000
Fri Jun 03, 2016 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Custodial account Tax Gain Harvesting
Replies: 1
Views: 171

Custodial account Tax Gain Harvesting

Years ago, I set up custodial accounts for my 3 kids who are now roughly middle school age. I bought $5k each of SWTSX (Schwab Total Stock Market). Each is now worth about $8k with the difference being capital gains. None have other taxable income. Am I understanding correctly that: 1. I can tax gai...
by dad2000
Thu May 26, 2016 9:52 pm
Forum: Investing - Theory, News & General
Topic: What is evidence based investing?
Replies: 27
Views: 2230

Re: What is evidence based investing?

Sorry for being facetious and/or circular... I think the best evidence we have shows that straight indexing is just as or more effective than evidence based investing (EBI). I think of EBI as attempting to build an optimal investment strategy using the latest and best academic research. As we've see...
by dad2000
Thu May 26, 2016 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Forced use of automatic ACH withdrawals?
Replies: 18
Views: 1709

Re: Forced use of automatic ACH withdrawals?

I have a separate credit union account that I use for this sort of thing. I don't want outside ACH transactions anywhere near my active accounts.
by dad2000
Thu May 26, 2016 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: 401k fees
Replies: 4
Views: 480

Re: 401k fees

The active funds participate in what is basically a kickback scheme. Some of the fund expenses get reimbursed back to the plan to cover recordkeeping, advisory, custodial, and other similar fees. Vanguard will not participate in these kickback schemes, so as your participants switch to indexing fund...
by dad2000
Wed Apr 27, 2016 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: College Savings approach/plan - pls critique & advise
Replies: 4
Views: 478

Re: College Savings approach/plan - pls critique & advise

My experience is that money can be easily moved between the 2 children if you stick with the same 529 provider, so you don't necessarily need to be so rigid in thinking that the first 140k is for the older child, etc. Also, I-Bonds have similar tax benefits when used for education, but can also be r...
by dad2000
Thu Apr 14, 2016 5:17 pm
Forum: Personal Consumer Issues
Topic: My neighborhood is too quiet (and no kids)
Replies: 44
Views: 5105

Re: My neighborhood is too quiet (and no kids)

I can't remember the source and may be a little off on the numbers, but I read an article two days ago that referenced a study relevant to this discussion. People were asked if they socialized with a neighbor once or more per week on average. Recently, the yes responses average about 30%, and I thin...
by dad2000
Thu Apr 07, 2016 3:13 pm
Forum: Personal Consumer Issues
Topic: Help with cleaning glass shower doors
Replies: 32
Views: 2682

Re: Help with cleaning glass shower doors

I would try Kaboom or CLR, but be careful, as these could damage your tile and other nice surfaces. I suggest testing on a small spot before going all out.
by dad2000
Thu Mar 31, 2016 8:57 am
Forum: Personal Consumer Issues
Topic: New tire with no manufacture date
Replies: 4
Views: 527

Re: New tire with no manufacture date

Do you see only DOT xxxx on the sidewall? The full tire ID and date of manufacture are probably on the opposite sidewall. If you can't slide under to see it, try holding your smartphone underneath and flash a few pictures.
by dad2000
Mon Mar 28, 2016 7:05 am
Forum: Personal Consumer Issues
Topic: Your fav [US domestic] airline - as far as flying experience?
Replies: 72
Views: 4160

Re: Your fav [US domestic] airline - as far as flying experience?

1. Jetblue 2. Virgin (good but somewhat disappointing given all the great things I've read) 3. Delta 4. American 5. Southwest (felt like cattle) 6. United 7. U.S. Air (bad experiences with staffing & lateness) 8. Spirit, Frontier, etc. (haven't flown these in a long time but I'm certain they're ...
by dad2000
Thu Mar 24, 2016 6:00 pm
Forum: Investing - Theory, News & General
Topic: Predicting stock market returns accurately?
Replies: 52
Views: 3415

Re: Predicting stock market returns accurately?

I read through the article. Many of us use P/E 10 or historical averages to estimate future returns for retirement planning purposes. I don't know that these metrics would be any more accurate than the metric presented by the author. We just have to remember that this is a statistic, and to remember...
by dad2000
Thu Mar 24, 2016 4:16 pm
Forum: Investing - Theory, News & General
Topic: Some I Bond Questions
Replies: 14
Views: 1675

Re: Some I Bond Questions

Regarding the purchase limits: $10k per SSN becomes $20k/yr if you're married. And if you have an A/B trust (many people do), you can up that to $10k per trust for a total of $40k/year. Even if you are a typical HNW BH saver (ie 2x 401k + 2x IRA + HSA), $40k of extra deferred space for fixed-income ...
by dad2000
Mon Mar 14, 2016 1:25 pm
Forum: Personal Consumer Issues
Topic: Any suggestions for cooling solution for Florida garage?
Replies: 21
Views: 1737

Re: Any suggestions for cooling solution for Florida garage?

Given the physical and HOA restrictions, all I can think of is a portable air conditioner unit like a previous poster mentioned. However, you'll want one that uses a vent hose so you can exhaust the hot air out while minimizing hot air leakage back into the garage. Since the garage seems to have no ...
by dad2000
Thu Feb 04, 2016 10:29 am
Forum: Investing - Help with Personal Investments
Topic: A little confused about what to do with new 1099 income
Replies: 3
Views: 476

Re: A little confused about what to do with new 1099 income

OK. Solo 401k and good expense tracking is the plan.

Thanks for your responses.
by dad2000
Wed Feb 03, 2016 11:33 pm
Forum: Investing - Help with Personal Investments
Topic: A little confused about what to do with new 1099 income
Replies: 3
Views: 476

A little confused about what to do with new 1099 income

For 2016: My wife and I are both W-2 employees. I am a high earner. We will max out our employer 401k contributions (her $18k, me $24k). We both have great plans. We will max out our non-deductible traditional IRA contributions. (her $5500, me $6500) All of our IRA balances are Roth backdoored annua...
by dad2000
Wed Dec 30, 2015 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Best No Annual Fees Rewards/Cash-Back Credit Cards
Replies: 87
Views: 9223

Re: Best No Annual Fees Rewards/Cash-Back Credit Cards

I don't like to keep a lot of cards. The Citi Double Cash is a good default card. 2% on all purchases, no rotating categories, no cap.
by dad2000
Tue Dec 29, 2015 1:25 pm
Forum: Personal Consumer Issues
Topic: Several electrical outlets don't work
Replies: 50
Views: 2502

Re: Several electrical outlets don't work

Unless you missed an outlet, it's almost definitely a failed one. They tend to fail after 10 years. If you are going to the hardware store anyway and it's not very close by, I'd take inventory of the outlets and consider buying the replacement(s) while you're there. They're most likely either 15A or...
by dad2000
Wed Dec 23, 2015 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: What is your savings rate?
Replies: 146
Views: 16609

Re: What is your savings rate?

35% of gross - state/federal income tax, FICA
5% of gross - property taxes
23% of gross - goes to savings
37% of gross - remaining living expenses
No debt.
by dad2000
Tue Dec 22, 2015 10:33 pm
Forum: Personal Consumer Issues
Topic: Prius V totaled, regret New Honda CR-V
Replies: 41
Views: 5067

Re: Prius V totaled, regret New Honda CR-V

Volvos tend to have very, very comfortable seats and are typically very safe. Try before you buy though as others have suggested as seat comfort can be very personal. I have around 350,000 miles in Volvos. Most comfortable cars I've ever had in 55 years of driving. ACs in mine have always been grea...
by dad2000
Tue Dec 22, 2015 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Biggest lucky break in your personal finances?
Replies: 160
Views: 14092

Re: Biggest lucky break in your personal finances?

While in my 20s and before we had kids, I made a calculated risk to leave a solid job at a well-established business to join a startup with a couple of other 20-somethings. It seemed the optimal time to take risk, and it panned out. But I do believe that those who work hard tend to be "luckier&...
by dad2000
Tue Dec 15, 2015 11:58 am
Forum: Personal Consumer Issues
Topic: Too old to change career?
Replies: 23
Views: 2881

Re: Too old to change career?

The path he is considering is not without challenges, and I question the ROI at this point in his life. If he otherwise likes his job, perhaps instead of going back to school, he could spend that time improving his stamina, either through diet, exercise, or sleep? I am in a career field that tends t...
by dad2000
Thu Dec 10, 2015 5:26 pm
Forum: Personal Consumer Issues
Topic: We have a major bedding issue. Yes, bedding.
Replies: 43
Views: 5100

Re: We have a major bedding issue. Yes, bedding.

We had similar issues here, though not quite as extreme. Previous posters have been right on. 1. 71 degrees is probably too warm. 66 works for us. 2. Get rid of everything that traps heat. Certainly not a heavy down comforter. Use cotton, and no synthetics. 3. Use a few layers of thinner bedding so ...
by dad2000
Sun Dec 06, 2015 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Writing checks - a Bogleheads thing to do?
Replies: 117
Views: 9972

Re: Writing checks - a Bogleheads thing to do?

is there an age issue? I dont know any young people writing checks in the supermarket, but plenty of older ones. Maybe this is a habitual issue rather than a monetary one. +1 I've seen many checks written in the grocery line, but never by a millenial. I use my CC whenever there's no convenience fee...
by dad2000
Thu Oct 22, 2015 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: LTC insurance AGGHH !!! Can I self-insure ?
Replies: 53
Views: 5839

Re: LTC insurance AGGHH !!! Can I self-insure ?

Another problem I have with LTC insurance as it is sold today is that it's hard--maybe even impossible--to buy coverage for what I really need: the risk that I'll need *many* years of LTC. Several people on this thread have pointed out that there's a *chance* you might need it for 10+ years. I agre...
by dad2000
Thu Oct 22, 2015 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: At what point did you and your spouse COMBINE your finances (or did you?)
Replies: 53
Views: 3966

Re: At what point did you and your spouse COMBINE your finances (or did you?)

She had no debt and no assets, so it wasn't complicated :D

We did it around the time we got engaged.
by dad2000
Wed Oct 07, 2015 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Freeze Credit vs Credit Score
Replies: 5
Views: 480

Re: Freeze Credit vs Credit Score

In my experience, the unanswered credit inquiries won't affect your FICO credit scores. The cable company isn't really extending you credit, at least not the type of credit that counts toward your FICO scores. I've never seen a utility on my credit report... mostly mortgages, car loans, and credit c...
by dad2000
Tue Oct 06, 2015 9:52 am
Forum: Investing - Theory, News & General
Topic: Tony Robbins Said It Well
Replies: 30
Views: 3212

Re: Tony Robbins Said It Well

While he isn't saying much new, he has a lot of followers and IMHO what he said was pretty accurate. The relevant links: http://video.cnbc.com/gallery/?video=3000428877 http://americasbest401k.com/fee-checker/ Disclosure: The second link is a plug for a 401k provider that Robbins plugged at the end ...
by dad2000
Fri Sep 25, 2015 2:09 pm
Forum: Personal Consumer Issues
Topic: Water leak
Replies: 11
Views: 1135

Re: Water leak

Honestly, it's just process of elimination. As others have said, shut off the valve near the meter on the house side. If the meter still runs, you've isolated the problem as not being in the house. Call the utility company. If the meter stops, the problem is in the house. Reopen the main valve, then...
by dad2000
Thu Sep 10, 2015 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Ally is threatening to close my CD
Replies: 66
Views: 6528

Re: Ally is threatening to close my CD

It wasn't with Ally, but I had $200K in CDs with a local bank, and they informed me they were going to charge me $10/month due to inactivity. The manager refused to make any accommodations. I went to the counter and withdrew some small amount from savings like $1 to avoid the charge. Fortunately, th...
by dad2000
Thu Sep 10, 2015 7:06 am
Forum: Personal Finance (Not Investing)
Topic: POLL: Do you freeze your credit?
Replies: 58
Views: 4757

Re: POLL: Do you freeze your credit?

Yes, it's been frozen for 5 years.

I think it cost $5 at each of the 3 agencies.

I rarely apply for credit, so paying the $5 for a temporary unfreeze is tolerable.
by dad2000
Wed Sep 09, 2015 7:17 pm
Forum: Investing - Help with Personal Investments
Topic: Retired - want advice on reducing brokerage costs and changing investment plan
Replies: 20
Views: 2057

Re: Retired - want advice on reducing brokerage costs and changing investment plan

I have investments with Vanguard, Schwab, and Fidelity. Vanguard is good, but you need to be fully comfortable dealing with them online or over the phone. They have the best lineup of low-cost mutual funds. Fidelity is decent, but overall, I find them to be more expensive than Schwab and Vanguard. T...
by dad2000
Wed Sep 09, 2015 4:42 pm
Forum: Personal Consumer Issues
Topic: new lawn dying / dead due to heat...suggestions?
Replies: 40
Views: 2757

Re: new lawn dying / dead due to heat...suggestions?

Interesting. I'm in MD. A little bit south of you but probably similar weather. No reputable lawn company would seed a lawn in the spring here. They will do patching but any restoration is done in the fall or they won't guarantee a thing. I have maintained lawns in a similar climate. I'm not going ...
by dad2000
Thu Sep 03, 2015 9:00 pm
Forum: Personal Consumer Issues
Topic: Lost Cell Phone
Replies: 12
Views: 1056

Re: Lost Cell Phone

CountryBoy wrote:I have no idea how to prevent a cell phone from slipping from my pocket...!!!!!???


Perhaps it's not stylish, but they make cases that can clip to your belt or pants.
by dad2000
Thu Sep 03, 2015 8:55 pm
Forum: Personal Consumer Issues
Topic: Best Small Purchases (Around the house)
Replies: 133
Views: 15728

Re: Best Small Purchases (Around the house)

Amazon Fire Stick. I think they were 2 for $35.

Netflix, after cancelling all premium cable TV.

A good blender. Aging fruit gets turned into yummy smoothies.
by dad2000
Mon Aug 31, 2015 9:10 pm
Forum: Investing - Help with Personal Investments
Topic: What kind of average annual return should one expect?
Replies: 12
Views: 1571

Re: What kind of average annual return should one expect?

Fees are accounted for in the historical performance, but inflation is not.
by dad2000
Wed Aug 26, 2015 5:53 pm
Forum: Personal Consumer Issues
Topic: washing machine [Recommendations for]
Replies: 50
Views: 7289

Re: washing machine [Recommendations for]

My recent experience with appliances is that there is an inverse relationship between reliability and efficiency/technology. I bought my first house 20 years ago and traded up about 10 years ago. My original 20 year old Maytag washer & dryer, as well as Kenmore (made by Whirlpool) refrigerator a...
by dad2000
Mon Aug 24, 2015 2:52 pm
Forum: Investing - Theory, News & General
Topic: "There’s No Need to Fear Stock Market Corrections"
Replies: 15
Views: 2840

Re: "There’s No Need to Fear Stock Market Corrections"

Thanks Taylor. Now that I'm within a decade of retiring, I consider the last few trading days (and in particular this morning) a good opportunity to gauge my *actual* risk tolerance. My only reaction was to check for opportunities to tax-loss harvest this morning, but considered no other action. So ...
by dad2000
Fri Aug 07, 2015 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Advice re unrealized gains
Replies: 7
Views: 636

Re: Advice re unrealized gains

If your sole reason for selling is related to the 200 day moving average, then we would almost unanimously say it's a bad idea. If you are considering selling so that you can rebalance back to your AA, that would be a better reason. But the more tax efficient way to rebalance might be to shift asset...
by dad2000
Fri Aug 07, 2015 10:52 am
Forum: Investing - Theory, News & General
Topic: Pfau: Why Bond Funds Don't Belong in Retirement Portfolios
Replies: 138
Views: 18193

Re: Credit Risk of Annuities

Here is an assessment of credit risk of SPIA's and some other annuities: http://www.advisorperspectives.com/articles/2012/08/14/how-safe-are-annuities This was an excellent article, thanks for sharing. Seems to me that buying SPIAs by chunks of $200k, from distinct and well-renowned insurers does m...

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