Search found 1824 matches

by freebeer
Mon Jul 24, 2017 12:23 am
Forum: Personal Consumer Issues
Topic: Property in Rural Area that is going "chic"
Replies: 19
Views: 2562

Re: Property in Rural Area that is going "chic"

...Zillow will give an objective view of current market activity and pricing. That should be be a big help in avoiding paying too much vs. comparable sales. This may-or may not-be good advice. In truly rural areas, Zillow gets way, way off. I am in the middle of purchasing a small summer cabin and ...
by freebeer
Fri Jul 21, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: Scooter for local commute - Honda PCX 150, etc...
Replies: 42
Views: 1793

Re: Scooter for local commute - Honda PCX 150, etc...

... I already ride my road bike 8-9 hours a week year round, and my mountain bike another 1-3 when the trails are not muddy as well as weekend races. So I get plenty of pedaling in and am in racing shape. The goal of getting a scooter is to avoid riding a bike (e-bikes require pedaling as well), an...
by freebeer
Fri Jul 21, 2017 3:22 pm
Forum: Personal Consumer Issues
Topic: Scooter for local commute - Honda PCX 150, etc...
Replies: 42
Views: 1793

Re: Scooter for local commute - Honda PCX 150, etc...

I just wouldn't chance it riding with other cars. You are hard to see. You are unprotected. Other people will make mistakes. You will make mistakes. Bad combination. Find another way to work. Good luck, JT Another reason to go e-bike not scooter - the (small) increase in risk of serious accident wi...
by freebeer
Fri Jul 21, 2017 2:02 pm
Forum: Personal Consumer Issues
Topic: Scooter for local commute - Honda PCX 150, etc...
Replies: 42
Views: 1793

Re: Scooter for local commute - Honda PCX 150, etc...

I have Kymco People S 200 plenty of power for steep Seattle hills (it is more like a souped up 150cc and you might even find a 125cc enough, that is common size around the world and what I usually end up renting on travel adventures). But I would urge you to consider an e-bike you can take inside an...
by freebeer
Fri Jul 21, 2017 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Kicking the net worth habit
Replies: 47
Views: 4939

Re: Kicking the net worth habit

Are you planning to sell your house and live in the street? No? Then don't use your house value in your calculation of $$/Years-of-life-left. This has always been a pet peeve of mine. As an extreme case, you've spent your life in the bay area, paying a huge mortgage at the expense of any savings. Y...
by freebeer
Fri Jul 21, 2017 1:52 am
Forum: Personal Finance (Not Investing)
Topic: Kicking the net worth habit
Replies: 47
Views: 4939

Re: Kicking the net worth habit

Not sure I understand. Net worth is calculated in one, and only one, way. We can discuss which rates to apply for DCF purposes and on the exact value of non-liquid holdings, but it ends there pretty much. OP wants a simple metric for how he's doing. I agree after retirement esp. without bequest mot...
by freebeer
Wed Jul 19, 2017 4:34 pm
Forum: Personal Consumer Issues
Topic: Property in Rural Area that is going "chic"
Replies: 19
Views: 2562

Re: Property in Rural Area that is going "chic"

...If I call around for local realtors, I am concerned about not getting the straight scoop on market activity and pricing....i.e. "city slicker" pricing lol. Any suggestions for news services or websites that give reasonably honest reviews and assessments of market conditions ... Zillow ...
by freebeer
Wed Jul 19, 2017 10:15 am
Forum: Personal Finance (Not Investing)
Topic: COBRA vs. ACA plan - what to consider?
Replies: 48
Views: 2607

Re: COBRA vs. ACA plan - what to consider?

With COBRA, you are depending on a former employer for your health insurance. As a "former employee", there is no motivation for the employer to do things for your benefit. Depending on the details, they may even take a hostile view. Yes, or even worse you may be depending on a current or...
by freebeer
Mon Jul 17, 2017 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA vs. ACA plan - what to consider?
Replies: 48
Views: 2607

Re: COBRA vs. ACA plan - what to consider?

I would lean towards the COBRA, especially if cost is comparable. You already know what you have as far as benefits and provider network. At mid year, COBRA option is more attractive because you will have any copays, deductible, coinsurance count toward this year's out of pocket limit; with ACA, yo...
by freebeer
Mon Jul 17, 2017 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: COBRA vs. ACA plan - what to consider?
Replies: 48
Views: 2607

COBRA vs. ACA plan - what to consider?

I have to choose whether to go on ACA plan or take advantage of COBRA for up to 3 years (I'm 1099 contractor so no employer medical coverage option). Pre-ACA, it was commonplace to stay on COBRA whenever possible to avoid any pre-existing condition issues but it was also commonplace for COBRA covera...
by freebeer
Mon Jul 17, 2017 1:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Target Retirement 2065
Replies: 22
Views: 1769

Re: Vanguard Target Retirement 2065

...10% in bonds reduces the expected return by .4-.5% every year, which is a big crutch over a nearly 40 year period... well, over 40 years many things can change and you can't actually predict "expected return" based only on past performance... so that term is inherently misleading as ty...
by freebeer
Mon Jul 17, 2017 11:05 am
Forum: Investing - Theory, News & General
Topic: Vanguard Target Retirement 2065
Replies: 22
Views: 1769

Re: Vanguard Target Retirement 2065

...10% in bonds reduces the expected return by .4-.5% every year, which is a big crutch over a nearly 40 year period... well, over 40 years many things can change and you can't actually predict "expected return" based only on past performance... so that term is inherently misleading as ty...
by freebeer
Fri Jul 14, 2017 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: QLAC - Determining long term benefit, pros & cons, tax consequences
Replies: 13
Views: 1238

Re: QLAC - Determining long term benefit, pros & cons, tax consequences

I'm looking into the possibility of getting a QLAC (Qualified Longevity Annuity Contract) to begin payouts between age 80-85... Are the funds in a trad IRA/401K? I like the idea of reducing/delaying RMDs but OTOH QLAC limit for that is, if I understand the IRS rules correctly, $125K max investment ...
by freebeer
Thu Jul 13, 2017 5:01 pm
Forum: Personal Consumer Issues
Topic: Seeking Advice - Broken Sprinkler System after Home Purchase
Replies: 28
Views: 1940

Re: Seeking Advice - Broken Sprinkler System after Home Purchase

Seems the sellers were pretty p.o.'d at you. I can see keeping LED bulbs, but why pull out part used rolls of TP? Wondering, did they leave you any of the equipment manuals or spare keys? Heck house cleaners might have done the TP removal as part of cleaning. And anyway when you get to a hotel room...
by freebeer
Thu Jul 13, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage on horizon - Question on Pre-Marital $ vs. Post Married $
Replies: 21
Views: 2883

Re: Marriage on horizon - Question on Pre-Marital $ vs. Post Married $

If you want better answers I would try to get a consultation with a matrimonial law attorney as a potential new client. I would just tell them you are interested in a prenuptial agreement and want to interview them, I would anticipate it should be free. Then you can ask a bunch of questions and get...
by freebeer
Tue Jul 11, 2017 5:07 pm
Forum: Investing - Theory, News & General
Topic: Why Simple beats complex
Replies: 71
Views: 6543

Re: Why Simple beats complex

... Here are Carlson's points, which seem pretty much self evident. Which of these points are wrong? It’s easier to be fooled by randomness with complexity. Intelligent people are drawn to complex solutions. Complexity is about tactics; simplicity is about systems. Trying harder does not guarantee ...
by freebeer
Tue Jul 11, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Keeping Pre-Marital Property Separate
Replies: 22
Views: 2257

Re: Keeping Pre-Marital Property Separate

Find an attorney in your area that specializes in divorce. Make an appointment with that attorney. Follow their advice and don't assume you know the law. +1 to this. I never did anything explicit to prepare for this contingency, just maintained separate accounts and properties from before the marri...
by freebeer
Tue Jul 11, 2017 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Keeping Pre-Marital Property Separate
Replies: 22
Views: 2257

Re: Keeping Pre-Marital Property Separate

Find an attorney in your area that specializes in divorce. Make an appointment with that attorney. Follow their advice and don't assume you know the law. +1 to this. I never did anything explicit to prepare for this contingency, just maintained separate accounts and properties from before the marri...
by freebeer
Mon Jul 10, 2017 11:55 pm
Forum: Personal Consumer Issues
Topic: Shopping for first bike since I was a kid
Replies: 120
Views: 6110

Re: Shopping for first bike since I was a kid

...Craigslist - at least around here, most likely stolen. Not recommended.... I don't know where "here" is for badger42 but that seems like a gross overstatement. Plenty of regular people selling their bikes on CL here in Seattle for far less than they paid (or that you will pay) so you c...
by freebeer
Sun Jul 09, 2017 6:58 pm
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 4672

Re: any way to eat healthier at Subway (or any other quick lunch ideas)

I don't have the opportunity at my job to go out for lunch so I have been buying subway subs before work starts for lunch... I go for whole-grain flatbread + veggie patty + avocado + extra spinach + extra red onions + bell peppers + one swipe sweet onion sauce ... not sure of total nutritional valu...
by freebeer
Sat Jul 08, 2017 8:41 am
Forum: Personal Consumer Issues
Topic: Motorcycle Loan Interest Rate..Seriously?
Replies: 7
Views: 1181

Re: Motorcycle Loan Interest Rate..Seriously?

I can buy it cash, but explored what the numbers looked like to finance $8500 for the bike. Came back with 6.3% and thats with good credit. Bank told me most banks hover in that area for RV's/motorcycles. Remember the 4 Cs of credit? One of the them is collateral. Bikes and RVs are not good collate...
by freebeer
Thu Jul 06, 2017 5:20 pm
Forum: Personal Consumer Issues
Topic: Is it Safe to Get Your DNA Tested?
Replies: 71
Views: 6243

Re: Is it Safe to Get Your DNA Tested?

Wow, according to the numbers I'm seeing here Ancestry.com's expensive compared to 23andMe.com. And they're the ones that ended up working through the FDA regulations for some of the medically important ones. +1 to 23andme.com. My Mom found a long-lost first cousin thanks to its family matches and ...
by freebeer
Wed Jul 05, 2017 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Saltatory decumulation as a tax strategy.
Replies: 19
Views: 2073

Re: Saltatory decumulation as a tax strategy.

...My question is about whether it is advantageous to have uniform income each year, or to plan for occasional high income years....by the way, "Saltatory”, as I use it in the title, means “proceeding by leaps rather than by gradual transitions”. Props for the vocabulary building post! That wa...
by freebeer
Mon Jul 03, 2017 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Temporary Internal Promotion - Increased Compensation?
Replies: 73
Views: 4130

Re: Temporary Internal Promotion - Increased Compensation?

I would make it clear in writing in a polite but firm way that you expected compensation to be reviewed if the temporary promotion lasts longer than six months. Dear manager, I'm excited about this opportunity, blah. I think we can do x y and z during his period. I would like for us to have an open...
by freebeer
Wed Jun 28, 2017 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Retirement spending
Replies: 16
Views: 2173

Re: Retirement spending

There are definitely people out there who will spend it all. That is because there are many non-Bogleheads. I have a friend who undersaved, and his plan was to "work till he dropped." Well, he was laid off at 62 and has been unable to find a steady job. His Social Security is not nearly e...
by freebeer
Wed Jun 28, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Tax Liability on Selling Former Residence (Now Rental)
Replies: 14
Views: 898

Re: Tax Liability on Selling Former Residence (Now Rental)

...my parents and I bought a 2-bedroom condo 50/50 (listed as such in the mortgage docs). From 2006-2011 I lived in one bedroom and rented the other bedroom to a roommate. Since mid-2011, the whole condo has been rented out...we put very little down and refi'd a couple of times This is only indirec...
by freebeer
Tue Jun 27, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Realtor fee negotiations
Replies: 27
Views: 2347

Re: Realtor fee negotiations

... I knew what house I wanted and only needed an offer written...Ultimately I found somebody that gave me a 1% kickback for the purchase price of the home. Between everything involved, I'd say they worked 5 hours max. Not bad for the other 2% of a 600k deal. ... Being a buyer is a totally differen...
by freebeer
Mon Jun 26, 2017 7:03 pm
Forum: Personal Consumer Issues
Topic: Help, realtors disagree. Take out bookshelves, hidden bed combo before listing?
Replies: 55
Views: 3715

Re: Help, realtors disagree. Take out bookshelves, hidden bed combo before listing?

... she was nothing but obnoxious and insulting. Her opinions were way off base... fired the real estate company and hired another. The new company thought everything looked neutral and fine and SOLD the house... And of course you'll never know whether you might have gotten more money or sold more ...
by freebeer
Sun Jun 25, 2017 9:31 pm
Forum: Personal Consumer Issues
Topic: Google Fi? pros/cons? anyone using it?
Replies: 53
Views: 4363

Re: Google Fi? pros/cons? anyone using it?

I have Google Fi and love it although I am a frequent international traveler and also lean on the free hotspot feature. If you don't need either cheap roaming or a hotspot without paying extra then maybe Fi is no longer such a great deal. I also rely on the extra device free SIM piggybacking on main...
by freebeer
Sat Jun 17, 2017 12:51 pm
Forum: Investing - Theory, News & General
Topic: FireCalc: Equities almost 70% for a 20 year term???
Replies: 43
Views: 3777

Re: FireCalc: Equities almost 70% for a 20 year term???

.... historically what they suggest does produce the maximum safe withdrawal rate for those lengths of time. ... But the result is a little disingenuous. The maximum is a very shallow one and probably not even real relative to the range of uncertainty that should be assigned to safe withdrawal rate...
by freebeer
Thu Jun 15, 2017 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: How many of you have rentals (i.e. you're a landlord)? Are they worth it?
Replies: 74
Views: 5392

Re: How many of you have rentals (i.e. you're a landlord)? Are they worth it?

This is a good point. But wouldn't it be more efficient to take a side gig being a property manager and/or handyman? Or, at the very least, one should recognize that one is not getting a return on his or her investment but merely being compensated for doing odd jobs. I would much rather save $100 o...
by freebeer
Sat Jun 10, 2017 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Is there a calculator that solves for optimal Roth conversion
Replies: 54
Views: 4344

Re: Is there a calculator that solves for optimal Roth conversion

Wouldn't longevity (especially the possibility of earlier death) factor into the decision, especially when we are talking about very large tax-deferred balances such that RMDs exceed annual living expenses? As well, the age(s) of your heir(s)? For example if you have a 401K/IRA that allows for perio...
by freebeer
Fri Jun 09, 2017 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 37735

Re: Regret early retirement/downsizing

This is my beef with the word "retired" as used by, say, Mr. Money Mustache. I prefer "financially independent". kathyauburn could of course have done writing, music, publishing, and countless other things as paid endeavors at 24 as many artists do. If she was financially indepe...
by freebeer
Thu Jun 08, 2017 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: How to deal with a personal finance cynic
Replies: 109
Views: 6114

Re: How to deal with a personal finance cynic

...His view is that most People struggle to make ends meet and afford basic instate college education and not think about early retirement and financial independence. I countered by saying that this is a serious forum and the figures and comments appear to be true in most part. His point was that e...
by freebeer
Tue Jun 06, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: I'm considering buying a house in the $800k range.. can I?
Replies: 67
Views: 6366

Re: I'm considering buying a house in the $800k range.. can I?

...$800,000 is an expensive house, but in the pacific north west near Seattle, that will just get me a decent 3-4 bedroom modern home in an OK area as sad as that is ... I guess it depends what "decent" and "modern" mean to you. If you mean "luxurious" and "new or...
by freebeer
Sun Jun 04, 2017 9:20 pm
Forum: Personal Consumer Issues
Topic: Flying first class, business, versus economy.
Replies: 105
Views: 7222

Re: Flying first class, business, versus economy.

For work I'm willing if necessary to fly up to ten hours on economy. Any longer and I'm awfully unhappy unless I have business. For personal travel I'll go anywhere in economy though I'd prefer economy comfort... I'm pretty much in this boat. But I do suffer and bear it on some > 10 hour flights fo...
by freebeer
Sun Jun 04, 2017 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?
Replies: 44
Views: 2444

Re: Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?

...Instead, of feeling bad about losses, I feel worse about not making gains. In fact, I now delight in losses because then I can rebalance into equities. I want an asset allocation that gives me the occasional loss. ...There is something to be said to see one's portfolio go up in one year by 7-fig...
by freebeer
Sat Jun 03, 2017 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?
Replies: 44
Views: 2444

Re: Convert Portfolio from 70/30 to 30/70 Gradually or All at Once?

I shifted about 5% and then 2008-2009, happened and found out that I was just fine with about 60% to 65%. I shifted again to about 55% to 60% and didn't like it, so I went back to 60%. So my point is that if you shift all at once, you won't know if something in-between perfectly suits your temperam...
by freebeer
Wed May 31, 2017 2:32 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 248
Views: 27303

Re: Where to Live on $60K or Less a Year?

Random Poster wrote:...we realized that we do not like the eastern time zone...


Why? Is it a showstopper that MNF doesn't start until 8:30pm??
by freebeer
Tue May 30, 2017 2:00 pm
Forum: Investing - Help with Personal Investments
Topic: Is anyone here allocated 30/70 a la Rick Ferri's "new center of gravity?"
Replies: 35
Views: 5414

Re: Is anyone here allocated 30/70 a la Rick Ferri's "new center of gravity?"

I am nearing (possible / early-ish / partial) retirement with a comfortable but not crazy buffer (3% is OK given SS will eventually supplement) so I am thinking about the sequence of returns risk in early retirement and the idea of reducing equity exposure from 60/40 during accumulation phase is att...
by freebeer
Mon May 29, 2017 12:12 pm
Forum: Investing - Theory, News & General
Topic: DON'T pay off your mortgage; instead reduce Sequence of Return Risk
Replies: 206
Views: 15957

Re: DON'T pay off your mortgage; instead reduce Sequence of Return Risk

... The huge psychological benefit of paying off a mortgage cannot be quantified. Well, OP and its linked article is about theoretical aspects of minimizing sequence of return risk not the evergreen general question. But I wouldn't say paying off mortgage is universally comforting.. Having > 3x my ...
by freebeer
Sat May 27, 2017 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: More Roth conversions better to avoid 85% SS tax?
Replies: 4
Views: 944

Re: More Roth conversions better to avoid 85% SS tax?

If I understand correctly then if a single person goes $1 over $34,000 in "provisional income" (combination of 50% of SS benefits + MAGI + tax=exempt interest) then they experience a $3,150 increase in taxable income (35% of $9,000, because 85% of all the income over $25,000 is now taxabl...
by freebeer
Sat May 27, 2017 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: More Roth conversions better to avoid 85% SS tax?
Replies: 4
Views: 944

More Roth conversions better to avoid 85% SS tax?

If I understand correctly then if a single person goes $1 over $34,000 in "provisional income" (combination of 50% of SS benefits + MAGI + tax=exempt interest) then they experience a $3,150 increase in taxable income (35% of $9,000, because 85% of all the income over $25,000 is now taxable...
by freebeer
Thu May 25, 2017 2:52 pm
Forum: Investing - Theory, News & General
Topic: Neat Calculator: Sell or Rent Out Property?
Replies: 9
Views: 1654

Re: Neat Calculator: Sell or Rent Out Property?

I'm refreshing this in case anyone has some other suggestions, this calculator is a bit dated (from 2013) and its calculations are not totally clear to me... I would actually prefer the "complex excel sheet" mentioned but not linked to by another poster :shock: Also I wonder if there is a ...
by freebeer
Wed May 24, 2017 11:17 am
Forum: Investing - Help with Personal Investments
Topic: First attending level job but no 401k offered. What are the options?
Replies: 14
Views: 1461

Re: First attending level job but no 401k offered. What are the options?

..one private practice that I’m incredibly interested in is a two physician couple (plus 2 midlevels) who each make very good money. ... To your original question, you might make yourself even more valuable to your prospective colleagues by looking into low-cost/low-hassle 401Ks since they are as o...
by freebeer
Wed May 24, 2017 10:00 am
Forum: Investing - Help with Personal Investments
Topic: First attending level job but no 401k offered. What are the options?
Replies: 14
Views: 1461

Re: First attending level job but no 401k offered. What are the options?

..one private practice that I’m incredibly interested in is a two physician couple (plus 2 midlevels) who each make very good money. ... To your original question, you might make yourself even more valuable to your prospective colleagues by looking into low-cost/low-hassle 401Ks since they are as o...
by freebeer
Thu May 18, 2017 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Why 20% House Down Payment?
Replies: 14
Views: 1987

Re: Why 20% House Down Payment?

There is a standard for "conforming" loans that follow Freddie Mac / Fannie Mae guidelines and if you don't meet the standard the loan is not as easily salable by the originating lender = you will pay higher costs/interests (usually). While the size of loan limit is more well known there i...
by freebeer
Wed May 17, 2017 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: House Sale in Year of Divorce
Replies: 15
Views: 2282

Re: House Sale in Year of Divorce

We signed a Certification for No Information Reporting on the Sale or Exchange of a Principal Residence form at the time of the sale in 2016, so no 1099-S was issued. The point of this is so that you do not need to report ANYTHING about the house sale on your taxes. The IRS will not know anything a...
by freebeer
Wed May 17, 2017 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: House Sale in Year of Divorce
Replies: 15
Views: 2282

Re: House Sale in Year of Divorce

We signed a Certification for No Information Reporting on the Sale or Exchange of a Principal Residence form at the time of the sale in 2016, so no 1099-S was issued. The point of this is so that you do not need to report ANYTHING about the house sale on your taxes. The IRS will not know anything a...
by freebeer
Tue May 16, 2017 9:42 am
Forum: Personal Finance (Not Investing)
Topic: House Sale in Year of Divorce
Replies: 15
Views: 2282

Re: House Sale in Year of Divorce

I have a follow-up question to my original question. My soon to be ex-wife and I have an agreement on splitting our house sale on our 2016 tax return. We are filing our taxes Married Filing Separately. My question is how the sale of the house is entered on our tax returns. As an example, we bought ...

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