Search found 264 matches

by hightower
Mon Oct 16, 2017 7:37 pm
Forum: Personal Consumer Issues
Topic: Negotiating for a new car purchase
Replies: 48
Views: 2650

Re: Negotiating for a new car purchase

Email them all with a price you’re willing to pay. Only deal with the ones willing to negotiate. If no one local bites, try all over the country. That’s how i found my car. I shipped it from Colorado to Ohio for 600 bucks and still paid way less than locals were willing to give me. Sometimes you can...
by hightower
Mon Oct 16, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Bonus pushed back - should I be annoyed?
Replies: 43
Views: 2827

Re: Bonus pushed back - should I be annoyed?

BH's, Today my company sent an announcement out, stating that bonus payouts will be pushed back about a month and a half in 2018, and will remain this way indefinitely. Reasoning provided is that now NA will be aligned in terms of payout timeline with the rest of the globe, and that this is being d...
by hightower
Mon Oct 16, 2017 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Best Next Steps - Kids/House/Savings Advise
Replies: 7
Views: 973

Re: Best Next Steps - Kids/House/Savings Advise

Just curious what you do for a living? Does your wife work or plan on working? Question 1: Roth space can be very valuable later in life. That is money that will never be taxed again. You never know what will happen with taxes in the future, they could go sky high as they were during WWII and if tha...
by hightower
Mon Oct 16, 2017 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Buying 2nd House - Affordability Check
Replies: 17
Views: 1889

Re: Buying 2nd House - Affordability Check

The way I am looking at this situation is I am paying an extra $700/mo to add a $1M asset. This kind of thinking is a slippery slope. You're only paying attention to the 700/month payment. You need to tell yourself "I'm adding 650k of debt to my plate." Because that's actually what's happening. So,...
by hightower
Mon Oct 16, 2017 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Buying 2nd House - Affordability Check
Replies: 17
Views: 1889

Re: Buying 2nd House - Affordability Check

I'll throw in my 2 cents... I wouldn't recommend tying up so much of your net worth in real estate. You're being too debt numb IMO. You're looking at this as if the debt doesn't matter and telling yourself that "for x amount per month more I could have 2 houses instead of 1 and therefore more assets...
by hightower
Sun Oct 15, 2017 1:37 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 108
Views: 4762

Re: What are you driving? And would you buy your current ride again?

BMW i3. Definitely would buy again. Well, I would probably go with a Tesla Model 3 next time due to the more extensive fast charging network, but I'm sticking with electric vehicles from now one for sure Wife's car is a 2016 Honda Fit, probably one of the best values there is in the ICE world. But, ...
by hightower
Sat Oct 14, 2017 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds in Taxable or tax advantaged?
Replies: 11
Views: 959

Re: Bonds in Taxable or tax advantaged?

I'm no expert here, but it seems like when you get up into the numbers you're talking about (over 2.5 mil in IA at the age of 32) that the tax drag on having bonds in your taxable is not a huge deal. And there's not really much you can do about it anyway when your target mix is(I'm guessing based on...
by hightower
Sat Oct 14, 2017 5:06 pm
Forum: Personal Consumer Issues
Topic: How long for hedonic adaptation to set in?
Replies: 108
Views: 6437

Re: How long for hedonic adaptation to set in?

I live right outside Beverly Hills, CA, where just about everyone is more or less on that treadmill in epic proportions. For the life of me, I see no one happier for it. The underlying angst is mind blowing, and manifests itself in a myriad of ways. To me, it's interesting social commentary when I ...
by hightower
Sat Oct 14, 2017 3:09 pm
Forum: Personal Consumer Issues
Topic: Earplugs that work on low frequency noise?
Replies: 35
Views: 1715

Re: Earplugs that work on low frequency noise?

Bake your neighbors some cookies and show up on their doorstep and kindly ask them if there's anyway they'd consider asking the mowers to come later. That's BS to have a mowing crew starting up loud motors at 8am on a weekend. That's an a**hole move in my book. But, kindness is usually the best solu...
by hightower
Sat Oct 14, 2017 12:33 pm
Forum: Personal Consumer Issues
Topic: Happy Consumer Story (Backpacking Tent)
Replies: 16
Views: 1228

Re: Happy Consumer Story (Backpacking Tent)

Good to know! I have a newer Big Agnes tent of some sort (a two person lightweight backpacking tent). I'll have to remember this if it ever develops problems. It's great to hear a company sticking by it's products like this.
by hightower
Sat Oct 14, 2017 12:06 pm
Forum: Personal Consumer Issues
Topic: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)
Replies: 50
Views: 2876

Re: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)

I would stay in Kauai for the whole trip. 5 days is hardly enough time to take it all in and you won't want to leave once you get there. I went to Kauai earlier this year (in February). Stayed 2 weeks actually. It's a wonderful place. The part of the Island you'll be on is known for it's beaches and...
by hightower
Fri Oct 13, 2017 3:46 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 78
Views: 7199

Re: To take or not to take delivery of Tesla 3

I cancelled my reservation; it was painful after waiting a year and a half. I still have mixed feelings about it as I am very much in favor of EV's and I am in the group that should be bearing the cost so others can have them at some point. I just couldn't do it :(. Thank you for doing your part; y...
by hightower
Fri Oct 13, 2017 3:38 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 78
Views: 7199

Re: To take or not to take delivery of Tesla 3

I had reserved Tesla 3 when it was announced. I did it because $35K-$7.5K price was too attractive to NOT put my name on the list. According to the web site I can get the delivery by Dec-Feb time frame if I select the $49K car. This is with 310 miles + premium options package. That price still does...
by hightower
Thu Oct 12, 2017 10:47 pm
Forum: Personal Consumer Issues
Topic: Tesla roof deposit: Anyone paid one?
Replies: 16
Views: 2054

Re: Tesla roof deposit: Anyone paid one?

I just spent $13.5k on a new shingle roof and $17.5k for solar panels. By comparison, Tesla roof was $96k Exactly. The Tesla roofs don't make a lot of sense financially at this point. Just too expensive. I have a standing seam metal roof on my house that cost us 20k to install. It should easily las...
by hightower
Thu Oct 12, 2017 10:04 pm
Forum: Investing - Help with Personal Investments
Topic: Too old to invest at 70+ years?
Replies: 32
Views: 2399

Re: Too old to invest at 70+ years?

Yes, 70 is too old to "start" investing. If they were going to be investing, they should have been in the market long ago, and should have decided to do so on their own, not convinced. That would not end well. My MIL was at our house when I was teaching my son about investing. I was giving him exam...
by hightower
Thu Oct 12, 2017 9:42 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3015
Views: 881035

Re: What Movie Have You Recently Watched?

Just watched "Art of the Game" a documentary about Japanese block printing and a couple of artists who are using the ancient art form to make video game themed art. It's pretty good
by hightower
Thu Oct 12, 2017 9:40 pm
Forum: Investing - Theory, News & General
Topic: The Stock Market Is "Fully Valued," Says Vanguard's Jack Bogle 10/7/17
Replies: 87
Views: 11437

Re: Bogle thinks markets are fully valued

I don't think it's market timing to take money out because you think you're over exposed in stocks and you want to be in a less risky position. To me, market timing involves selling because you think you'll be able to buy it back later for cheaper. I think there's a subtle yet distinct difference i...
by hightower
Thu Oct 12, 2017 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: I need a better online checking w billpay and mobile check deposit
Replies: 34
Views: 2475

Re: I need a better online checking w billpay and mobile check deposit

I use Ally.
Free checking, easy mobile check deposit (50k daily limit), free bill pay. Easy to use all around.
by hightower
Thu Oct 12, 2017 8:41 pm
Forum: Personal Consumer Issues
Topic: Refinish hardwood or new carpet
Replies: 8
Views: 669

Re: Refinish hardwood or new carpet

If it's an older, historic home, then no question you should use what's there and refinish the hardwood. It's healthier for indoor air quality anyway (allergens get trapped in carpet and very quickly build up). Hardwood floors can be swept clean. Refinishing is cheap, quick, and easy to do yourself....
by hightower
Wed Oct 04, 2017 4:38 am
Forum: Personal Finance (Not Investing)
Topic: Would you take a pay cut to work from home?
Replies: 67
Views: 5274

Re: Would you take a pay cut to work from home?

To OP: I’m an introvert too and a work from home situation would be a dream come true for me for similar reasons. IMO it is well worth it. Feeling comfortable and at ease will lead to better productivity and job satisfaction and likely make you feel all around happier. Go for it and don’t look back....
by hightower
Tue Oct 03, 2017 7:58 pm
Forum: Personal Consumer Issues
Topic: My first promotion without a pay increase
Replies: 47
Views: 4910

Re: My first promotion without a pay increase

Hi all, thank you as always for your great advice. I am looking for some words of wisdom to console what I feel is a bit of a let-down at work. I'm 41 and have worked in IT for my MegaCorp for 4 years now. The first two years I was here I had terrible managers and left both teams (the second team w...
by hightower
Mon Oct 02, 2017 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Used Car Purchased
Replies: 9
Views: 653

Re: Used Car Purchased

I just drove by a car with a for sale sign in the window. A 1957 Cadillac Coupe Deville. Barn find. Looks to be all original. Could be quite the chick magnet 8-)
by hightower
Mon Oct 02, 2017 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Are credit cards rewards worth it?
Replies: 103
Views: 6008

Re: Are credit cards rewards worth it?

I charge everything on my credit card for the 2% cash back (citi double cash). I also like seeing how much I spent each month. I PAY MY BALANCE IN FULL EVERY MONTH. But I hate seeing that I owe. Id rather use my debt card. Is the 2% cash back worth it. Do you use debt or credit and if credit what r...
by hightower
Mon Oct 02, 2017 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford this house? ("Small Law" edition)
Replies: 19
Views: 2284

Re: Can we afford this house? ("Small Law" edition)

Long time reader (decade+) of this forum, and would greatly value the opinions of posters here. We're looking to move. We go back and forth on how much we want to (can) pay. Our situation: Age: 35(H) and 32(W) 2 kids (5yrs & 2yrs). No more kids planned. Job: HH income this year about $240,000. Sing...
by hightower
Sun Oct 01, 2017 10:57 pm
Forum: Investing - Theory, News & General
Topic: Current Bull Market could last years
Replies: 89
Views: 9679

Re: Current Bull Market could last years

Just read an article that details pretty logical reasons why this bull market can last years and years: http://www.marketwatch.com/story/this-is-why-the-bull-market-can-keep-running-for-years-even-if-investors-dump-stocks-2017-09-29?siteid=yhoof2&yptr=yahoo I am wondering if it is time to rewrite a...
by hightower
Sun Oct 01, 2017 3:17 pm
Forum: Personal Consumer Issues
Topic: Photography gear and what you use it for?
Replies: 26
Views: 1573

Re: Photography gear and what you use it for?

1 First Real Camera of distinction? Nikon d750 2 Camera gear now? Fujifilm XT-2, love this little camera. Super well made and much easier to use with all the dials on top. I do miss having a full frame sensor, but so far this camera takes just as good of shots as the nikon. 3 Lenses? 10-24mm landsca...
by hightower
Thu Sep 28, 2017 9:37 am
Forum: Investing - Theory, News & General
Topic: REITs as "pseudo diversification"
Replies: 44
Views: 3627

Re: REITs as "pseudo diversification"

I wouldn't have exposure to all of these various real estate companies if it weren't for the REIT funds. Except of course through the broad market indexes you own that already include them at their market weights... Right, but that's like 3% of those index funds holdings. And considering that my to...
by hightower
Thu Sep 28, 2017 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Paid off Debt...credit score dropping and future mortgage
Replies: 34
Views: 2445

Re: Paid off Debt...credit score dropping and future mortgage

OP, don't obsess over paying cash for everything. Get a no fee credit card, put both your names on it; and do your normal spending each month using the card(s). Pay the bill in full when it comes each month. Watch your credit score go up. What could be simpler?! I've been using credit cards for mor...
by hightower
Wed Sep 27, 2017 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Debt Question: Pay Off Auto Loan Or Distribute To Savings?
Replies: 13
Views: 474

Re: Debt Question: Pay Off Auto Loan Or Distribute To Savings?

10 months into a 5 year auto loan, roughly $185 monthly, at roughly 4%. I also have 10k in a savings earning 1.2%. I make my monthly auto and I contribute monthly to my savings. Am I doing this backwards? I should use the savings to pay off the vehicle, in whole, now? I like the cushion, and, quite...
by hightower
Wed Sep 27, 2017 2:55 pm
Forum: Investing - Theory, News & General
Topic: REITs as "pseudo diversification"
Replies: 44
Views: 3627

Re: REITs as "pseudo diversification"

I don't think it's "pseudo" at all. It's diversification for sure. I wouldn't have exposure to all of these various real estate companies if it weren't for the REIT funds. I own my home and about 10% of my portfolio as Vanguard REIT (VNQ). That's my exposure to real estate. If I had more money to in...
by hightower
Fri Sep 15, 2017 7:31 am
Forum: Personal Consumer Issues
Topic: Can not decide between washing machines
Replies: 47
Views: 2580

Re: Can not decide between washing machines

I went to the local library and took a picture of the washing machine section of consumer reports [Link to content in excess of copyright fair use removed by admin LadyGeek] Number 1 is Samsung WF42H5200AW which is surprisingly very cheap $549 plus tax plus hoses and free installation so total $612...
by hightower
Wed Sep 13, 2017 1:27 pm
Forum: Investing - Theory, News & General
Topic: What If U.S. Stocks Stay Expensive For Years?
Replies: 50
Views: 7315

Re: What If U.S. Stocks Stay Expensive For Years?

To me, it makes paying down/off debt sound pretty attractive. Maybe not full steam ahead, but a mix of paying down the mortgage and investing. Of course, that's very situational and depends on timelines and all. This is exactly my approach. I'm maxing out tax advantaged space of course and investin...
by hightower
Wed Sep 13, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Milestone Reached - "Quarter Millionaire!"
Replies: 41
Views: 4813

Re: Milestone Reached - "Quarter Millionaire!"

Thanks everyone! I appreciate it!
by hightower
Wed Sep 13, 2017 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Milestone Reached - "Quarter Millionaire!"
Replies: 41
Views: 4813

Milestone Reached - "Quarter Millionaire!"

I officially crossed over 250k in investments this week (My net worth is actually closer to 370 or more, but that number depends on the value of my home)! I know it's not much compared to many on this forum, but it's a big step for me considering how much debt I've paid off over the last 1-2 years a...
by hightower
Sun Sep 10, 2017 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else freeze their credit score?
Replies: 126
Views: 11302

Re: Anyone else freeze their credit score?

Nope - not going to pay money and spend time creating an ongoing cost and inconvenience for myself and family. We make 5-figures annually getting using premium reward cards and save a lot of other money by having and using a high credit score (insurance rates etc.) Just checked equifax site and got...
by hightower
Sun Sep 10, 2017 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement Checkup - Physician nearing end of Training
Replies: 27
Views: 2570

Re: Retirement Checkup - Physician nearing end of Training

ACN, I'd like to chime in with some practical advice. I'm a physician in private practice. I've watched many new hires make some very bad decisions. You're on this forum as a trainee so that bodes well for you. You're going to be golden. Just in case, though, I have a few recommendations and commen...
by hightower
Sat Sep 09, 2017 6:50 am
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 8924

Re: Contemplating an Electric Car

FWIW, the charging network is expanding every day and it won't be long before charging stations will be as plentiful as gas stations. 300 miles of range is perfectly normal for a large car. The problem isn't the car, it's the need for more charging stations. Regardless, when solid state batteries s...
by hightower
Sat Sep 09, 2017 6:44 am
Forum: Personal Finance (Not Investing)
Topic: Equifax customer information leak
Replies: 711
Views: 46869

Re: Equifax customer information leak

I wonder if those with frozen equifax accounts had their pin number (to unfreeze) compromised as well? That's a good question. According to the Times article, this may actually be the case. That's one of the reasons they are saying this was such a bad breach. https://www.nytimes.com/2017/09/07/busi...
by hightower
Wed Sep 06, 2017 6:45 am
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 8924

Re: Contemplating an Electric Car

We took a Labor Day weekend trip, and every Model S we saw was hypermiling it, getting passed by semis, and apparently just hoping to make it to their destination. No thanks. That's kind of a big assumption. FWIW, the charging network is expanding every day and it won't be long before charging stat...
by hightower
Wed Sep 06, 2017 6:41 am
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 8924

Re: Contemplating an Electric Car

Hello I have about a year before I will be selling back my Audi A3 TDI to VW/Audi due to emissions scandal. I'm seriously considering an EV option and will look at Tesla Model 3 ( deposit made), the 2018 Leaf and the GM Bolt. I'd like to hear what Bogleheads think about EV's and if they think now i...
by hightower
Mon Sep 04, 2017 8:50 am
Forum: Investing - Theory, News & General
Topic: The "interest rates are so low....why would you"arguments
Replies: 62
Views: 6410

Re: The "interest rates are so low....why would you"arguments

There is certainly some validity to the argument that mortgage debt is so cheap right now. A couple of caveats... 1. If you're going to have debt, low interest mortgage debt is the best kind of debt to have, especially for high income earners due to the mortgage interest tax deduction. If you have a...
by hightower
Fri Sep 01, 2017 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement or Pay Off Debt?
Replies: 35
Views: 3113

Re: Retirement or Pay Off Debt?

With level of debt I would contribute only enough to get the match from your employer and throw everything else at debt. 4.85% is a lot. But that's just me.
by hightower
Tue Aug 29, 2017 6:30 am
Forum: Investing - Help with Personal Investments
Topic: Relative angry I will not co-sign
Replies: 90
Views: 8176

Re: Relative angry I will not co-sign

Sounds like your relative is a fool and you're smart to say no to bailing him out. It's never smart to enable foolish financial behavior. Stick to your guns. There's no reason you should also lose money just because he's been foolish. If he actually cares about his family, he'll get over it and real...
by hightower
Sun Aug 27, 2017 1:19 pm
Forum: Personal Consumer Issues
Topic: Eclipse Traffic: predictions vs reality?
Replies: 64
Views: 4829

Re: Eclipse Traffic: predictions vs reality?

We watched from Land Between the Lakes and camped there the night of the eclipse. We left the next morning and didn't encounter any traffic at all. I think getting outside the big cities and not trying to drive home immediately after the eclipse was key.
by hightower
Sat Aug 26, 2017 8:53 am
Forum: Investing - Help with Personal Investments
Topic: 33 years old, how am I doing ?
Replies: 54
Views: 8189

Re: 33 years old, how am I doing ?

Forgive me for being ignorant on this... so if you've been a physician since age 24 you must have started your med school around the age of 16? Finished at 20 y/o, then finished EM residency at 24? Please explain how this was possible? Unless you mean you started residency at age 24 meaning you sta...
by hightower
Sat Aug 26, 2017 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Sigh...I'm ready for criticism...how am I doing?
Replies: 50
Views: 6726

Re: Sigh...I'm ready for criticism...how am I doing?

You have similar numbers to me when I was your age (I'm 35 now). We make about the same (I'm a physician too). The only difference with me is that my debt was mostly in the form of student loans. My main house mortgage is a lot smaller though. But, my advice is to stay the course, get rid of the sec...
by hightower
Fri Aug 25, 2017 7:15 am
Forum: Personal Consumer Issues
Topic: Photobucket - disappearing images and $$$ - has it affected you?
Replies: 28
Views: 2552

Re: Photobucket - disappearing images and $$$ - has it affected you?

Definitely was disappointed. I agree that I wouldn't have minded paying a little, but to go from free to $400/year is absurd. If they would have been more reasonable to start like say $20/yr for those who already use the service, it would have kept me around. I don't see how they'll recover from thi...
by hightower
Wed Aug 23, 2017 8:23 am
Forum: Investing - Help with Personal Investments
Topic: 33 years old, how am I doing ?
Replies: 54
Views: 8189

Re: 33 years old, how am I doing ?

Forgive me for being ignorant on this... so if you've been a physician since age 24 you must have started your med school around the age of 16? Finished at 20 y/o, then finished EM residency at 24? Please explain how this was possible? Unless you mean you started residency at age 24 meaning you star...
by hightower
Fri Aug 18, 2017 5:44 pm
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 182
Views: 12259

Re: Is it worth it? [demanding jobs vs time with family]

I have read the OP and several comments and skimmed thru the rest. True story... In 1998 my wife and I were both working high stress jobs, hers more so than mine, but my income was 2x hers. With 2 sons we were spending a ton on nanny, meals out, and other "quality of life" events. She was working 6...