Search found 421 matches

by keystone
Sat Aug 12, 2017 8:27 am
Forum: Personal Finance (Not Investing)
Topic: New car vs used car
Replies: 9
Views: 750

Re: New car vs used car

Make a spreadsheet showing the overall cost of ownership with your personal criteria and see what you come up with. I went through this recently for a car purchase, assuming we'd keep the car long term, and the used car didn't end up being dramatically cheaper, so I went new. That's what I do and I...
by keystone
Tue Aug 08, 2017 11:37 am
Forum: Personal Finance (Not Investing)
Topic: kids think lazy if retire?
Replies: 70
Views: 7768

Re: kids think lazy if retire?

First of all, the folks stating that 30X current expenses is light.......I question your sanity and risk tolerance. WIth 30X current expenses @ 50, there is an extremely high probability that the OP will either receive health SS benefits or a pension at FRA. A 3.3-3.5% SWR has a 90-99% success rate...
by keystone
Mon Aug 07, 2017 3:36 pm
Forum: Personal Consumer Issues
Topic: Help me pick a car
Replies: 54
Views: 4141

Re: Help me pick a car

There's also no cost penalty to the Prius no matter how much you drive. Look at Edmunds.com true cost to own that considers maintenance, depreciation, fuel, insurance, and reliability. Compared to a Camry, it pays off immediately to similar OTD prices. You save immediately on fuel. Compare to Corol...
by keystone
Mon Aug 07, 2017 9:27 am
Forum: Personal Consumer Issues
Topic: Need A New Verizon MVNO
Replies: 17
Views: 1697

Re: Need A New Verizon MVNO

I've been using Page Plus for a couple of years now and it's worked great. However, customer service is not one of their strengths especially if you need to speak to a live person on the weekends. I've had much better success using the chat feature.
by keystone
Mon Aug 07, 2017 9:17 am
Forum: Personal Consumer Issues
Topic: Help me pick a car
Replies: 54
Views: 4141

Re: Help me pick a car

I'd look at the Honda Accord or Toyota Camry. I have a '14 Accord, it's roomy, reliable and very fuel efficient (I get 40+ mpg on the highway and mid to high 20's in the city). Although the Prius is a fine car and very reliable, if you have a short commute and do not plan to drive significant miles ...
by keystone
Fri Aug 04, 2017 7:47 am
Forum: Investing - Theory, News & General
Topic: Why Do Stocks Keep Hitting Records? msn/WSJ
Replies: 25
Views: 3807

Re: Why Do Stocks Keep Hitting Records? msn/WSJ

Stocks keep hitting new records because that is what stocks do. We had pretty much a flat US Stock Market from 2000 through 2012 or 2013. It took a long time to recover from the 2000-2002 and the 2008-2009 bear markets. People are marveling now that stocks really do go up, after the twin bear marke...
by keystone
Mon Jul 31, 2017 6:59 pm
Forum: Investing - Theory, News & General
Topic: "Why Don’t Vanguard’s Target Retirement and LifeStrategy Funds Own Admiral Shares?"
Replies: 37
Views: 4377

Re: "Why Don’t Vanguard’s Target Retirement and LifeStrategy Funds Own Admiral Shares?"

So why is Vanguard able to have two share classes (Investor and Admiral) for Vanguard Balanced Index Fund? Is it because it is not technically a fund of funds, but rather the fund itself attempts to mirror two indices? Correct. The balanced index fund is not a fund of funds. It holds stocks and bon...
by keystone
Mon Jul 31, 2017 1:04 pm
Forum: Investing - Theory, News & General
Topic: "Why Don’t Vanguard’s Target Retirement and LifeStrategy Funds Own Admiral Shares?"
Replies: 37
Views: 4377

Re: "Why Don’t Vanguard’s Target Retirement and LifeStrategy Funds Own Admiral Shares?"

So why is Vanguard able to have two share classes (Investor and Admiral) for Vanguard Balanced Index Fund? Is it because it is not technically a fund of funds, but rather the fund itself attempts to mirror two indices?
by keystone
Mon Jul 31, 2017 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Should we increase our retirement savings rate?
Replies: 35
Views: 2722

Re: Should we increase our retirement savings rate?

Do you have any aspiration at all to retire earlier than 55? If so, then I would say it's virtually impossible to over save for retirement, because more money means retire even earlier.
by keystone
Fri Jul 28, 2017 11:33 am
Forum: Personal Consumer Issues
Topic: Is a kamado grill/smoker worth it?
Replies: 28
Views: 2859

Re: Is a kamado grill/smoker worth it?

That's a great site for all things BBQ. I first heard of it on the old alt.food.barbecue usenet group. There I learned about things like the Minion Method (no yellow guys involved): http://virtualweberbullet.com/fireup2.html#minion Thanks! Yes, great website for WSM users. I've tried many of the re...
by keystone
Fri Jul 28, 2017 10:08 am
Forum: Personal Consumer Issues
Topic: Is a kamado grill/smoker worth it?
Replies: 28
Views: 2859

Re: Is a kamado grill/smoker worth it?

Thanks for all of the replies! It definitely gave me a lot to think about. It looks like I'll be deciding between the 22" WSM and a kamado. It sounds like they each have the pros & cons. To me the WSM's strength is that it does an amazing job as a smoker and once you're familiar with how it...
by keystone
Fri Jul 28, 2017 9:49 am
Forum: Personal Consumer Issues
Topic: Is Amazon Prime worth it?
Replies: 128
Views: 8873

Re: Is Amazon Prime worth it?

It's worth it to me. It's really nice to order stuff in a pinch and know that I'll have it delivered in two days. Are the prices the best? Usually not, but I'm happy to pay a little extra to save me from having to do weeknight shopping runs. The Prime content is getting better and better and I find ...
by keystone
Tue Jul 25, 2017 12:32 pm
Forum: Personal Consumer Issues
Topic: Is a kamado grill/smoker worth it?
Replies: 28
Views: 2859

Is a kamado grill/smoker worth it?

I've been using an 18.5" Weber Smokey Mountain for meat smoking and have had excellent results. I've been thinking about getting a second smoker mainly to have a larger capacity and was wondering if it was worth it to go the kamado route (e.g. Big Green Egg). My main interest is smoking, but pa...
by keystone
Tue Jul 25, 2017 8:51 am
Forum: Personal Consumer Issues
Topic: YouTube TV - Anyone used or currently using?
Replies: 29
Views: 3137

Re: YouTube TV - Anyone used or currently using?

I will probably try it out soon since Vue will be raising their price and it is very appealing that Youtube TV has all three major networks in my region. The only thing holding me back right now is that it is not compatible with Roku or Fire TV. I don't like the idea of having to buy another device ...
by keystone
Thu Jul 20, 2017 11:32 am
Forum: Personal Finance (Not Investing)
Topic: 4% mortgage rate vs 2.5% BND yield
Replies: 92
Views: 6911

Re: 4% mortgage rate vs 2.5% BND yield

I also would like to add that I hope when everyone figures out what their tax savings are from carrying a mortgage they are subtracting out the loss of standard deduction. . Only relevant if the mortgage is what is making it worthwhile to itemize. If state and local taxes, charitable donations, etc...
by keystone
Sun Jul 16, 2017 8:04 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Finance Milestone: 20 Times Annual Expense
Replies: 95
Views: 8850

Re: Personal Finance Milestone: 20 Times Annual Expense

Congrats KlangFool!

I always enjoy your posts, they are to the point and very informative. I look forward to the post where you officially announce your retirement, in the not too distant future I suspect.
by keystone
Fri Jul 14, 2017 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: When to max out 401k (Aspiring Early Retiree)
Replies: 89
Views: 4999

Re: When to max out 401k (Aspiring Early Retiree)

While I like that blog post for the "Shock value", the truth is that the numbers in that post ignore so much of reality (tax savings, potential pensions, health care costs, social security etc etc etc) that they're practically useless. It's a rule of thumb, of course it's not going to app...
by keystone
Fri Jul 14, 2017 11:50 am
Forum: Personal Finance (Not Investing)
Topic: How to use Retirement Funds for College Savings
Replies: 53
Views: 2650

Re: How to use Retirement Funds for College Savings

I never said I wish/need to max out my retirement accounts, either. What I said was that while I can still contribute to retirment accounts, I see no reason to contribute anywhere else. I can use retirement money to pay for college expenses, or whatever else I want, while also getting tax advantage...
by keystone
Fri Jul 14, 2017 7:47 am
Forum: Personal Finance (Not Investing)
Topic: When to max out 401k (Aspiring Early Retiree)
Replies: 89
Views: 4999

Re: When to max out 401k (Aspiring Early Retiree)

I suggest you take a look at the link below from Mr. Money Mustache. Now I know some here like to nitpick certain aspects of his philosophy, but I believe the charts in this link do a great job at illustrating approximately how much you will need to save to retire early. m For example, for a 25 year...
by keystone
Thu Jul 13, 2017 3:29 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 82
Views: 10489

Re: % bogleheads of overall population

I was stunned to read that 10% put in $16,200 in their 401k. I figured it was more like 2-3%, so I guess that's good news. This is a figure from Vanguard, so I wonder whether this is representative of all 401K plans or just the Vanguard plan. I've had access to payroll records from a variety of emp...
by keystone
Thu Jul 13, 2017 9:39 am
Forum: Personal Consumer Issues
Topic: Cutting the Cord: Who's Best?
Replies: 46
Views: 5053

Re: Cutting the Cord: Who's Best?

Vue has been working really well, but I'm not too happy about the $10 price increase which is coming soon. Existing customers will be grandfathered into the lower price for 3 more months. At that point, I may switch to YouTube TV which is coming to my region in a few weeks. In case anyone is interes...
by keystone
Wed Jul 12, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: How to use Retirement Funds for College Savings
Replies: 53
Views: 2650

Re: How to use Retirement Funds for College Savings

Yes, you can withdraw principal contributions from a ROTH, by doing so you eliminate the ability to earn tax-free gains/interest and dividends so why would anyone suggest this as a way to pay for anything beyond retirement? I didn't recommend it, but if my choices were withdraw from the Roth (assum...
by keystone
Wed Jul 12, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: How to use Retirement Funds for College Savings
Replies: 53
Views: 2650

Re: How to use Retirement Funds for College Savings

Just a few thoughts off the top of my head: Roth contributions can be withdrawn anytime free and clear of tax and penalties. One could take out a 401K loan. There's IRS rule 72(t) which permits early withdrawals free of penalties. For older parents who will be 59.5 or older while their kids are in c...
by keystone
Tue Jul 11, 2017 11:27 am
Forum: Personal Consumer Issues
Topic: [Amazon Prime Day]
Replies: 87
Views: 9506

Re: [Amazon Prime Day]

I bought an Echo for my wife, who has been wanting one for a while. It's on sale for $90, regular price is $180. I learned through Slickdeals that Amazon has also been applying a $10 promotional credit on top of this if purchased through Alexa. I tried this and sure enough I received the $10 credit...
by keystone
Fri Jun 30, 2017 9:01 am
Forum: Investing - Help with Personal Investments
Topic: 27, Single, 25k Income with 100k Cash - Lost
Replies: 29
Views: 2896

Re: 27, Single, 25k Income with 100k Cash - Lost

No I don't see it like this, and s/he never said what you quoted. I think s/he knows there are personality restraints that would make things like traditional education programs of limited use. It's about self-awareness of one's limitations. Not ideal limitations to have for sure, but that's the rea...
by keystone
Thu Jun 29, 2017 8:53 am
Forum: Personal Consumer Issues
Topic: Luxury Car
Replies: 109
Views: 11903

Re: Luxury Car

Ugh... My first car was a Camry. That engine is weak and slow. I would not spend a penny on a Camry. But it's your money. I used to drive a 1986 Camry and the pickup was awful. I was terrified to merge on the highway. They've come a long way since then. I've driven the Camry hybrid and even that is...
by keystone
Mon Jun 26, 2017 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Retirement plan split between before/after tax money
Replies: 7
Views: 1059

Re: Retirement plan split between before/after tax money

My question is will I have any problems when I eventually roll over this 401k since it has both Roth and Pre-Tax money in it? I don't think you'll have any problem with this. I have had multiple 401Ks with both Roth and traditional amounts. Typically it is all in one account like you say, but there...
by keystone
Wed Jun 21, 2017 7:01 am
Forum: Personal Finance (Not Investing)
Topic: Co-workers advising to buy house RIGHT NOW
Replies: 63
Views: 6532

Re: Co-workers advising to buy house RIGHT NOW

Do you have a time machine? That sounds very 2005. I haven't experienced that type of conversation in a long time. Needless to say, only buy a house if you need a place to live and it's the right financial decision for you
by keystone
Tue Jun 20, 2017 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Does a tax managed fund belong in a roth acct
Replies: 8
Views: 774

Re: Does a tax managed fund belong in a roth acct

As others have said, the answer is definitively no. VBIAX would be more suitable if you're ok with a 60/40 allocation. I remember reading somewhere a few years ago that Vanguard will actually prevent the purchase of funds like VTMFX in a tax advantaged account or flash some kind of warning message, ...
by keystone
Fri Jun 16, 2017 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA traditional - what is it?
Replies: 17
Views: 1234

Re: TIAA traditional - what is it?

I started adding money to TIAA Traditional in 2008 in a 403b plan. I left the company in 2011 and rolled over my 403b into an IRA at Vanguard, except that whatever I had in Traditional had to stay in the 403b plan, according to HR. Fortunately it was just a small amount of money, but I would have n...
by keystone
Fri Jun 16, 2017 9:06 am
Forum: Investing - Help with Personal Investments
Topic: TIAA traditional - what is it?
Replies: 17
Views: 1234

Re: TIAA traditional - what is it?

I started adding money to TIAA Traditional in 2008 in a 403b plan. I left the company in 2011 and rolled over my 403b into an IRA at Vanguard, except that whatever I had in Traditional had to stay in the 403b plan, according to HR. Fortunately it was just a small amount of money, but I would have ne...
by keystone
Thu Jun 15, 2017 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Would you take a 25% pay cut for more professional satisfaction?
Replies: 57
Views: 3800

Re: Would you take a 25% pay cut for more professional satisfaction?

I once took a substantial pay cut only to find that the next job was even less enjoyable than the one before. So not only did I hate my job, I was making less money. I don't regret the decision though, because sometimes you have to take chances in order to make things better. I then left the lower p...
by keystone
Thu Jun 15, 2017 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Buying cost vs renting (specifically for me)... can anyone fact check this?
Replies: 36
Views: 2247

Re: Buying cost vs renting (specifically for me)... can anyone fact check this?

Allowing perhaps 1.% of the home's value for annual maintenance and repair expenses, would add another $667 per month you'd need to be able to set aside. That's a total of about $5,148 per month to own the home, and that's before you heat it cool it and furnish it. Property taxes at perhaps 1.% of ...
by keystone
Tue Jun 13, 2017 10:16 am
Forum: Personal Consumer Issues
Topic: Highlander vs. Pilot
Replies: 30
Views: 3286

Re: Highlander vs. Pilot

We bought a 2017 Highlander XLE and love it. We made up our mind last year that we wanted a Highlander over the Pilot based on our test drive and my belief that the Highlander will prove to be more reliable over time. We waited until 2017 because Toyota added the Safety Sense package as standard equ...
by keystone
Tue Jun 13, 2017 7:56 am
Forum: Personal Consumer Issues
Topic: Dehumidifier woes
Replies: 66
Views: 4975

Re: Dehumidifier woes

Timely thread for me. My wife recently informed me that our 50 pint Frigidaire stopped working after about 4 years of seasonal use. I was a little annoyed that it needed to be replaced, but after reading a lot of reviews it seems like 4 years is about the average life expectancy. I just replaced it ...
by keystone
Mon Jun 12, 2017 10:50 am
Forum: Investing - Theory, News & General
Topic: Bogle Doubles Down on US Index Funds
Replies: 118
Views: 13056

Re: Bogle Doubles Down on US Index Funds

JoMoney wrote:Here's a chart of the MSCI Vietnam index since 2006
... it did not escape 2008 unscathed...


Thanks! That's about what I would have expected.
by keystone
Mon Jun 12, 2017 7:57 am
Forum: Investing - Theory, News & General
Topic: Bogle Doubles Down on US Index Funds
Replies: 118
Views: 13056

Re: Bogle Doubles Down on US Index Funds

If the U.S. goes down, everyone is coming with us anyway. America went down in 1974, 1981, 2000, and 2008. Where I live didn't "go down" any of those times. What goes down must first be up. Vietnam, as one of those "emerging" markets that somehow never emerges, was never up. Did...
by keystone
Sun Jun 11, 2017 7:32 pm
Forum: Personal Consumer Issues
Topic: Vue/Sling tv users--what do you miss?
Replies: 43
Views: 2905

Re: Vue/Sling tv users--what do you miss?

The only thing I really miss are my favorite CBS shows. I did just sign up for a one week free trial of CBS All Access and it's nice to binge watch all the shows I've missed the last six months. I may just end up paying for a month or two to fully catch up. Other than that, I don't think there's any...
by keystone
Fri Jun 09, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Fees
Replies: 8
Views: 1176

Re: 529 Fees

Nevada https://personal.vanguard.com/pdf/529progdesc.pdf Page 30. Interesting that their single funds tend to be more expensive than their portfolio funds. Thanks for posting this. Yes, interesting. When I signed up for the Nevada plan a few years ago, I just wanted a 3 fund portfolio so I chose th...
by keystone
Fri Jun 09, 2017 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: Regret early retirement/downsizing
Replies: 230
Views: 38937

Re: Regret early retirement/downsizing

I am not there yet. My fear is that I like seeing my assets go up every month. I am not sure I am ready to see them stay stagnant or go down. So I am still working. I'm less than 6 years away and I wonder about this too. I get a lot of satisfaction seeing assets go up over time and don't know how I...
by keystone
Fri Jun 09, 2017 8:50 am
Forum: Personal Finance (Not Investing)
Topic: Recession Planning
Replies: 35
Views: 2723

Re: Recession Planning

I don't think about recessions at all. Like some other posters, I have been employed through a few of them and I even switched jobs voluntarily during the height of The Great Recession. Other than living beneath your means and choosing an appropriate asset allocation, the next thing I would do is ma...
by keystone
Fri Jun 09, 2017 7:41 am
Forum: Personal Consumer Issues
Topic: Electric Razor
Replies: 17
Views: 1595

Re: Electric Razor

I bought a Braun Series 7 on sale at Costco last year. It's the best electric razor I've ever owned.
by keystone
Thu Jun 08, 2017 8:05 am
Forum: Personal Consumer Issues
Topic: Buying a House with an Old but Working Roof
Replies: 19
Views: 1194

Re: Buying a House with an Old but Working Roof

Buying and selling houses is all about supply and demand. Before we bought our current house, the home inspector told me that the roof should be replaced in about 3 years. We went ahead and bought the house anyway because we knew that we were facing a multiple offer situation and if we didn't make a...
by keystone
Wed Jun 07, 2017 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 259
Views: 20955

Re: KF's Worst Case Retirement Plan [KlangFool's]

3) So, in my case, there are at least 3 persons in the household working on $10 per hour job. We do not need another one. It makes more financial sense for me to get a good paying job/contract or do nothing. Yes, but by your own admission you could be unemployed for a very long period of time in IT...
by keystone
Sat Jun 03, 2017 3:34 pm
Forum: Personal Consumer Issues
Topic: Book - The New Retirementality
Replies: 26
Views: 3574

Re: Book - The New Retirementality

what exactly are you going to do with an extra 40 + hours per week of time I can think of a million other things I'd rather do than come to work 5 days/week. Whenever I hear somebody say they love work and they will never quit, or I see people in their late 60s and 70s working, I just wonder if the...
by keystone
Thu Jun 01, 2017 2:22 pm
Forum: Investing - Theory, News & General
Topic: What makes a Conservative BHer? for retirement purposes
Replies: 16
Views: 1493

Re: What makes a Conservative BHer? for retirement purposes

itstoomuch wrote:
keystone wrote:Just my opinion, but one who thinks that a 4% SWR is too risky for a 30 year retirement.

Depends on what the is in the retirement portfolio. Current interest rates would suggest that 4% is too aggressive :|
YMMV

True, so I'll add with a portfolio of at least 30% stocks to my statement.
by keystone
Thu Jun 01, 2017 2:12 pm
Forum: Investing - Theory, News & General
Topic: What makes a Conservative BHer? for retirement purposes
Replies: 16
Views: 1493

Re: What makes a Conservative BHer? for retirement purposes

Just my opinion, but one who thinks that a 4% SWR is too risky for a 30 year retirement.
by keystone
Thu Jun 01, 2017 8:26 am
Forum: Investing - Help with Personal Investments
Topic: Future Retirement Plan
Replies: 46
Views: 3306

Re: Future Retirement Plan

As conservative as this forum is I'm a bit surprised at the responses. If you don't pay off the mortgage, you are at 4% SWR, if you do pay off the mortgage, you are at a 3.33% SWR. That being said, with your proximity to social security, I suppose this mitigates much of the risk. I think you basica...
by keystone
Wed May 31, 2017 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Future Retirement Plan
Replies: 46
Views: 3306

Re: Future Retirement Plan

Folks, 5) I had passed the second bend point with social security. 20K at 62 years old 29K at 67 years old 36K at 70 years old Stay-at-home spouse received 50% of my social security income. Is the 50% spousal social security excluded from your numbers above? Meaning your total SS including spouse w...
by keystone
Fri May 26, 2017 8:22 am
Forum: Personal Finance (Not Investing)
Topic: i am my own "guy," but not sure I should advertise that
Replies: 107
Views: 14247

Re: i am my own "guy," but not sure I should advertise that

I talk about investing and BH philosophy all the time with friends, family and co-workers. I think part of the reason why is that anyone who knows me in real life knows that it's part of who I am. Most of the time the conversations are great even if I don't agree with everything. On the other hand, ...