Search found 137 matches

by fulltilt
Mon Feb 26, 2018 2:25 pm
Forum: Personal Consumer Issues
Topic: 3 layers of roof. Pull my offer??
Replies: 63
Views: 5868

Re: 3 layers of roof. Pull my offer??

Ask was $550k...I offered $515k...we agreed on $525k I would see if you can split the difference to $520k. Get a quote from a contractor for new shingles and a second quote for impact resistant shingles as well. Check with insurance to see if you can get a discount. The difference in price for impa...
by fulltilt
Fri Feb 23, 2018 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Defining "House Poor"
Replies: 299
Views: 16484

Re: Defining "House Poor"

If the house price is more than 40% of your net worth excluding your house, you are "House Poor". We have a choice: to be like everyone else or to be rich. I make my own decision and you make yours. Looks like I'll be "house poor" most of my life. We bought a practically rock-bottom house in our ar...
by fulltilt
Fri Feb 23, 2018 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Defining "House Poor"
Replies: 299
Views: 16484

Re: Defining "House Poor"

If the house price is more than 40% of your net worth excluding your house, you are "House Poor". We have a choice: to be like everyone else or to be rich. I make my own decision and you make yours. Looks like I'll be "house poor" most of my life. We bought a practically rock-bottom house in our ar...
by fulltilt
Fri Feb 23, 2018 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Home Warranty Paid by the Seller
Replies: 17
Views: 1209

Re: Home Warranty Paid by the Seller

Ask for cash credit instead. Home warranties are a rip off for several reasons: 1) You have to use THEIR repairman, which means usually the lowest bidder / least qualified person in the area that is desperate for business. They show up on their schedule which is often very inconvenient to you, or e...
by fulltilt
Fri Feb 23, 2018 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Defining "House Poor"
Replies: 299
Views: 16484

Re: Defining "House Poor"

CppCoder wrote:
Fri Feb 23, 2018 3:33 pm
I thought house poor was defined as follows: You ask on Bogleheads, "Am I house poor." If When Klangfool responds you are house poor, then you are house poor. :twisted:
HA!!!!

OP, personally, i shoot for saving at least 15% with no more than 25% of tax home going to mortgage.
by fulltilt
Tue Feb 20, 2018 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Adviser said I made a big mistake switching 403b to Aspire??
Replies: 19
Views: 1584

Re: Adviser said I made a big mistake switching 403b to Aspire??

midareff wrote:
Tue Feb 20, 2018 11:33 am
unclescrooge wrote:
Mon Feb 19, 2018 6:49 pm
Unlikely.
and highly so.... Why not switch to Vanguard and avoid the .15% add-on and the $40. Three funds is so simple I can't believe you can't do it yourself.
A 403b is like a 401k in that you can't just switch to vanguard and transfer your assets.
by fulltilt
Mon Feb 19, 2018 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Late 20's female looking for some advice towards financial independence
Replies: 31
Views: 3979

Re: Late 20's female looking for some advice towards financial independence

First, Unless i am mistaken, you can use up to $10k from a Roth to make a first time house purchase. Second, I thought you can also withdraw the original contribution amount from a Roth penalty free too, but not the earnings. where in the US can you buy a home where $10k is 20% for the down payment...
by fulltilt
Mon Feb 19, 2018 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Late 20's female looking for some advice towards financial independence
Replies: 31
Views: 3979

Re: Late 20's female looking for some advice towards financial independence

... If you were 28 years old in my position, what would you do? Congratulations on your success so far! If i were in your position, I would think whether or not you want to have kids and plan accordingly. Using a taxable account to fund a house purchase smells fishy to me. I think you're paying mor...
by fulltilt
Wed Feb 14, 2018 11:42 am
Forum: Investing - Theory, News & General
Topic: Revisiting Dr. Bernstein on REITs
Replies: 30
Views: 4555

Re: Revisiting Dr. Bernstein on REITs

You have not convinced me that Bernstein won't be correct in the longer run. I am more focused on what the return will be over 10 or 15 years. 3 years is often too short a period to make firm conclusions. Let's revive this thread in 2023. Tom It hasn't been 10 years, but we are halfway there. Cumul...
by fulltilt
Tue Feb 13, 2018 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Job is starting to suck the life out of me.
Replies: 80
Views: 9748

Re: Job is starting to suck the life out of me.

Am I just naive at 31? I try to take initiative to help out the department and they could all care less and I'm not even looking for a pat on the back. Just their demeanor speaks volumes. Including the head tech and the supervisor. Makes me just want to do enough while on shift just to get by under...
by fulltilt
Fri Feb 09, 2018 12:30 pm
Forum: Personal Consumer Issues
Topic: Should having a brand new roof lower home insurance premium?
Replies: 26
Views: 1264

Re: Should having a brand new roof lower home insurance premium?

I'm hoping someone here might have some knowledge of the home insurance market. Here's the scenario: My wife and I are in the process of buying a new home. Our offer has been accepted, and we are currently negotiating some repairs with the seller. As a part of our home inspection, the inspector fou...
by fulltilt
Fri Feb 02, 2018 3:24 pm
Forum: Personal Consumer Issues
Topic: Relearning Calculus
Replies: 81
Views: 6261

Re: Relearning Calculus

Derive the basic concepts yourself: Evaluate an expression to a limit, ie. x->0 or x->infinity If an expression can not be evaluated at its limit, the derivative/integral is undefined at that point. Integrals are the sum of an infinite number of small rectangles or trapezoids underneath a curve (+ ...
by fulltilt
Fri Feb 02, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: Choosing which room to sleep in
Replies: 48
Views: 5143

Re: Choosing which room to sleep in

Helo80 wrote:
Fri Feb 02, 2018 7:44 am
dm200 wrote:
Wed Jan 31, 2018 7:50 pm
I have seen "studies" on health that recommend doing only 1 or 2 things in the bedroom. The one is sleep. The other is ... (not reading or watching TV or using an exercise machine ... )

Posting on Bogle Heads ?
Getting dressed.
by fulltilt
Fri Feb 02, 2018 2:28 pm
Forum: Personal Consumer Issues
Topic: Choosing which room to sleep in
Replies: 48
Views: 5143

Re: Choosing which room to sleep in

My wife and I are moving to a new place that has 2 bedrooms, both with attached full bathrooms. 1 room is bigger than the other. When we first viewed the place, we thought of using the smaller room as a home office. As time went on, we started talking about how we could maybe put some home gym equi...
by fulltilt
Fri Feb 02, 2018 2:11 pm
Forum: Personal Consumer Issues
Topic: Relearning Calculus
Replies: 81
Views: 6261

Re: Relearning Calculus

Hi everyone! I've decided to go on a personal endeavor to relearn calculus from the ground up. I've realized in the past few years that I am a product of the 2000s USA education system, and I only know how to solve Calculus problems. The issue is I don't understand the why behind a lot of it. This ...
by fulltilt
Fri Feb 02, 2018 1:57 pm
Forum: Personal Consumer Issues
Topic: Relearning Calculus
Replies: 81
Views: 6261

Re: Relearning Calculus

Hi everyone! I've decided to go on a personal endeavor to relearn calculus from the ground up. I've realized in the past few years that I am a product of the 2000s USA education system, and I only know how to solve Calculus problems. The issue is I don't understand the why behind a lot of it. This ...
by fulltilt
Fri Jan 26, 2018 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Suggestions for a good calculator for figuing out how much life insurance
Replies: 8
Views: 362

Re: Suggestions for a good calculator for figuing out how much life insurance

Hi there! My 10-year term is up in April on my life insurance and I am looking for a new policy. Since I got the first policy, I divorced. I have a minor child, so I still need life insurance. But I am finding it hard to find a good calculator to determine how much I will need as a single parent. A...
by fulltilt
Wed Jan 24, 2018 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Working in the real world
Replies: 118
Views: 9030

Re: Working in the real world

KlingKlang wrote:
Tue Jan 23, 2018 6:16 pm
...
I realize that this is basically a vent but sometimes I wonder if I am crazy or everyone else is.
You're not crazy.

Check out bls.gov.

They have tons of statistical data about different jobs and how much they pay across different parts of the country for different careers.
by fulltilt
Wed Jan 24, 2018 4:35 pm
Forum: Personal Consumer Issues
Topic: Swing Shift vs 8-5
Replies: 32
Views: 2137

Re: Swing Shift vs 8-5

I am looking for anyone's testimonial on handling a growing family while working swing shift. I am in the power industry, and the shifts are 12 hours, switch from day to night, holidays and weekends, but you get a generous amount of time off during the schedule. I worked it for 6 years when I was n...
by fulltilt
Thu Dec 28, 2017 10:20 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA and 401K – Advice?
Replies: 11
Views: 806

Re: Roth IRA and 401K – Advice?

Read Asking Portfolio Questions thread. If you follow that format, you will get the best results.

maybe you need to take a step back and ask if it even makes sense to invest in a Roth....
by fulltilt
Thu Dec 28, 2017 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: Maxing out retirement accounts
Replies: 55
Views: 4358

Re: Maxing out retirement accounts

Just curious how many of you maxed out retirement accounts when you first began investing. I feel like it’s just not realistic when you first begin with all the bills, loans, and short/ midterm goals. I suppose each year my income increases more will go toward those retirement accounts. Let me know...
by fulltilt
Thu Dec 28, 2017 9:51 am
Forum: Personal Consumer Issues
Topic: Any Instant Pot users here?
Replies: 102
Views: 11544

Re: Any Instant Pot users here?

1)how does the majority of food turn out? The low price has me a bit worried there is a downside to it and I'm half-guessing it comes in the form of bland food. (I've never used a pressure cooker, so this may be a silly question) There is nothing inherent to an Instant Pot itself that would cause f...
by fulltilt
Tue Dec 06, 2016 2:17 pm
Forum: Investing - Theory, News & General
Topic: Retirement Calculator from Hell III
Replies: 1
Views: 922

Retirement Calculator from Hell III

Can someone help me understand the math in this section of the RCFH? I understand the gist of the point he is trying to make, but I don't think I understand the justification of why he uses this as his calculation. So, think about what a 97% 40-year success rate means: the absence of all of the abov...
by fulltilt
Sat Sep 17, 2016 7:58 am
Forum: Investing - Theory, News & General
Topic: Pay mortgage down (PMI) or invest
Replies: 33
Views: 3235

Re: Pay mortgage down (PMI) or invest

Two more thoughts: - Some lenders require the loan to be down to 78% rather than 80%. - If house prices are rising in your area, you can pay a small fee in a year or two to have your home appraised. If the mortgage balance under 78% of the newly appraised home value, the lender may remove the PMI. ...
by fulltilt
Tue Jan 19, 2016 11:40 am
Forum: Personal Consumer Issues
Topic: frost on windows - any experts (or people who have dealt with this)? Images inside!
Replies: 27
Views: 4049

Re: frost on windows - any experts (or people who have dealt with this)? Images inside!

I had similar issues when i had my thermostat set to 65. I had condensation on the windows all of the time. In one corner of my house where my couch was butted close to the corner, the air flow was constricted and i got a mold spot on the exterior wall. Same thing happened in my closet. I cleaned th...
by fulltilt
Mon Jul 27, 2015 2:00 pm
Forum: Investing - Theory, News & General
Topic: Book Recommendation for New Investor
Replies: 24
Views: 3425

Re: Book Recommendation for New Investor

The Coffeehouse Investor.

Nice easy read for people who want to invest and get on with their lives.
by fulltilt
Thu Jul 16, 2015 8:34 am
Forum: Investing - Theory, News & General
Topic: Confused about target date funds
Replies: 8
Views: 1203

Re: Confused about target date funds

I would not use a money market in a Roth. Put what you expect to have the greatest return in the Roth, since you won't have to pay taxes on any gains. There is one poster here who does not want to lose money in his Roth, but I don't think even he puts his Roth into a money market or CD's. A common ...
by fulltilt
Thu Jul 16, 2015 5:48 am
Forum: Investing - Theory, News & General
Topic: Confused about target date funds
Replies: 8
Views: 1203

Re: Confused about target date funds

Check out: http://www.bogleheads.org/wiki/Principl ... _placement to start.



After that, if you post a follow up in the Personal Investments forum, there are a lot of really helpful people who can help you with the details.
by fulltilt
Wed Jul 15, 2015 8:30 pm
Forum: Investing - Theory, News & General
Topic: Productivity and Pay
Replies: 9
Views: 970

Re: Productivity and Pay

market timer wrote:
Martin wrote:Seems perfectly logical. The right half saw increases in productivity needed to offset a mismatch in global wage rates.
The increasing participation of women in the US labor force also slowed overall wage growth.
I don't understand. How does that work?
by fulltilt
Wed Jul 15, 2015 8:06 pm
Forum: Investing - Theory, News & General
Topic: Productivity and Pay
Replies: 9
Views: 970

Re: Productivity and Pay

bottlecap wrote:OP, I suggest Googling before posting. As with many statistics, this is intended to mislead. I know, because I was curious (and skeptical) myself.

JT
Counter evidence links?
by fulltilt
Wed Jul 15, 2015 7:53 pm
Forum: Investing - Theory, News & General
Topic: Productivity and Pay
Replies: 9
Views: 970

Re: Productivity and Pay

I saw this chart in the paper today, and realized that the right half was the history of my working life. Too bad everyone couldn't work in the left half with my parents. http://i62.tinypic.com/qouic8.png Source: Wage Stagnation in Nine Charts , Economic Policy Institute I call First Post! I think ...
by fulltilt
Wed Jul 15, 2015 6:53 am
Forum: Investing - Theory, News & General
Topic: Whatever happened to the advocates of CDs vs Bonds?
Replies: 58
Views: 10101

Re: Whatever happened to the advocates of CDs vs Bonds?

Actually, I read your blog post recently and that was the seed that got me thinking about the topic. I did a quick A * B * C sequence of returns calculation for bond bond funds and CDs and they turned out to be *about* the same. I think CDs did actually eek out an advantage although it was pretty s...
by fulltilt
Tue Jul 14, 2015 9:11 pm
Forum: Investing - Theory, News & General
Topic: Whatever happened to the advocates of CDs vs Bonds?
Replies: 58
Views: 10101

Re: Whatever happened to the advocates of CDs vs Bonds?

Just to be clear: heard the tone of the title and the original post as suggesting skepticism about CDs. I personally opted to stay the course in Total Bond, and my point was that to date the total return from the date of Kevin M's excellent 2012 thread has been about the same--that is, CDs have bee...
by fulltilt
Tue Jul 14, 2015 8:58 pm
Forum: Investing - Theory, News & General
Topic: Whatever happened to the advocates of CDs vs Bonds?
Replies: 58
Views: 10101

Re: Whatever happened to the advocates of CDs vs Bonds?

When "everyone" knew interest rates were going to rise, there was a lot of talk about CDs being better than bonds/bond funds. Some people moved to CDs and some totally lazy people like me thought about it, but did not. How do you feel your decision went? Anyone thinking of moving into CDs because w...
by fulltilt
Mon Jul 13, 2015 7:20 pm
Forum: Investing - Theory, News & General
Topic: Whatever happened to the advocates of CDs vs Bonds?
Replies: 58
Views: 10101

Whatever happened to the advocates of CDs vs Bonds?

When "everyone" knew interest rates were going to rise, there was a lot of talk about CDs being better than bonds/bond funds. Some people moved to CDs and some totally lazy people like me thought about it, but did not. How do you feel your decision went? Anyone thinking of moving into CDs because we...
by fulltilt
Tue Jul 07, 2015 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: How to lease land to a business and not get sued?
Replies: 10
Views: 1140

Re: How to lease land to a business and not get sued?

Jack FFR1846 wrote:Would the resort owner condider buying a portion of the land? That gets rid of any liability.
Possibly.

They are interested in a part of the land that isn't on the water. It is set back further from the lake so it doesn't have much value.
by fulltilt
Tue Jul 07, 2015 10:37 am
Forum: Personal Finance (Not Investing)
Topic: How to lease land to a business and not get sued?
Replies: 10
Views: 1140

Re: How to lease land to a business and not get sued?

Many commercial leases include a clause that requires the tenant to purchase and maintain a liability insurance policy for one or two million dollars, with both the tenant and landlord listed as covered parties. You will want a triple-net lease where the tenant pays not only for this insurance, but...
by fulltilt
Tue Jul 07, 2015 9:03 am
Forum: Personal Finance (Not Investing)
Topic: How to lease land to a business and not get sued?
Replies: 10
Views: 1140

How to lease land to a business and not get sued?

I have a piece of residential lake property adjacent to a resort in Minnesota. The owner of the resort has approached me about leasing part of my property to allow his customers a place to park their cars while using the resort. At this point, i don't have plans to use that part of the property. I a...
by fulltilt
Sun Apr 19, 2015 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Showing Agreement: Who Represents ME?
Replies: 11
Views: 1028

Re: Real Estate Showing Agreement: Who Represents ME?

The scope of the agreement is limited. The Broker is not representing either the Seller or the Buyer according to the contract. The individuals will be named specifically in the contract. E.G. Seller gives Broker permission to show and sell the Property to ________. Yes, we are interested in selling...
by fulltilt
Sun Apr 19, 2015 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Showing Agreement: Who Represents ME?
Replies: 11
Views: 1028

Re: Real Estate Showing Agreement: Who Represents ME?

You aren't missing anything. You are paying them to show up to show the residence and advertise it, be it internet or other advertising. I would never buy or sell without a buyer's or seller's agent agreement wherein they work for you. Keep in mind your present agent does not work for you and is no...
by fulltilt
Sun Apr 19, 2015 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Showing Agreement: Who Represents ME?
Replies: 11
Views: 1028

Re: Real Estate Showing Agreement: Who Represents ME?

Looks like it. Someone is buying your home and it's not listed? 5.5% seems VERY high for that level of representation; unless you're in a really slow market 3%-4% would be more normal. Correct. a buyer was looking at a house near ours and the deal fell through. The market right now is ON FIRE in ou...
by fulltilt
Sun Apr 19, 2015 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Showing Agreement: Who Represents ME?
Replies: 11
Views: 1028

Real Estate Showing Agreement: Who Represents ME?

I have a showing agreement where I am listed as the Seller and "New Co" is listed as the Broker. The contract states: "Showing Broker or Licensee is *not representing Seller*" Later, it states that "Seller will pay Broker a total compensation of 5.5% of the selling price". If they aren't representin...
by fulltilt
Thu Apr 16, 2015 4:32 pm
Forum: Investing - Theory, News & General
Topic: [retired guy said] terrible crash is coming
Replies: 71
Views: 11043

Re: [retired guy said] terrible crash is coming

Dr. Ron Paul , politician for many years, and was a possible presidential candidate says a crash is coming similar to 2008 or worse. Anybody know anything about this ?? Luckily, he has a book/newsletter/CD/DVD or something that will help protect YOU and YOUR FAMILY. If you don't buy this product, t...
by fulltilt
Wed Mar 25, 2015 8:18 pm
Forum: Investing - Help with Personal Investments
Topic: When does a 529 plan make sense to me?
Replies: 204
Views: 18627

Re: Why 529 plan makes any sense??

Folks, I see many people posting thread asking how to fund 529 plan. But, in my opinion, for most people, 529 plan does not make any sense for them at all. If a person had maxed out their 401K, Roth IRA, and HSA, then, maybe 529 plan may be useful to them. But, even in those situation, it only make...
by fulltilt
Thu Jan 29, 2015 2:53 pm
Forum: Investing - Theory, News & General
Topic: High Expense Funds vs Vanguard: No Difference?
Replies: 37
Views: 3542

Re: High Expense Funds vs Vanguard: No Difference?

...However, it appears that in the short run (a handful of years), when i do a regression analysis of the mutual funds ---> in my 401k <--- which have higher expense ratios (more than 1%) to their vanguard counterpart, neither of them appear to have significant alpha (plus or minus)... How did thos...
by fulltilt
Thu Jan 29, 2015 2:47 pm
Forum: Investing - Theory, News & General
Topic: High Expense Funds vs Vanguard: No Difference?
Replies: 37
Views: 3542

Re: High Expense Funds vs Vanguard: No Difference?

Right. In this instance they have been small, and they may not be in the future, but my point is that it is an oversimplification to say that passive will beat active by X% each year so over a lifetime, you lose $Y. Yes, implicitly somewhere in there is "expected" or "projected" or "perhaps." Some ...
by fulltilt
Thu Jan 29, 2015 2:09 pm
Forum: Investing - Theory, News & General
Topic: High Expense Funds vs Vanguard: No Difference?
Replies: 37
Views: 3542

Re: High Expense Funds vs Vanguard: No Difference?

I don't see the expected 0.67% difference that meowcat is suggesting should be there. I am not saying that the actively managed fund is better, and i am not even really saying that it is *the same*, i am saying that the differences are *small*. Actually what you are saying is that they have been sm...
by fulltilt
Thu Jan 29, 2015 1:38 pm
Forum: Investing - Theory, News & General
Topic: High Expense Funds vs Vanguard: No Difference?
Replies: 37
Views: 3542

Re: High Expense Funds vs Vanguard: No Difference?

Consider that even to achieve the same return as a lower cost fund, the active manager will have to take more risk to make up for the fee. I don't see that as desirable because I am gaining nothing from this extra risk. Agreed, but i am not sure the extent to which this harms you. $25,000 invested ...
by fulltilt
Thu Jan 29, 2015 12:02 pm
Forum: Investing - Theory, News & General
Topic: High Expense Funds vs Vanguard: No Difference?
Replies: 37
Views: 3542

Re: High Expense Funds vs Vanguard: No Difference?

From a Bayesian perspective, there is a lot of a priori information about higher expense ratios producing worse returns, active management producing worse returns, and so on. Being oblivious to all that is a big weakness of more traditional regression analysis. Also, are you interested in whether t...