Search found 552 matches

by steadyeddy
Sat Aug 27, 2016 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Down Payment Amount on New Home - 10 or 20%
Replies: 20
Views: 1136

Re: Down Payment Amount on New Home - 10 or 20%

You're contemplating paying $4,000 to have the use of $12,000 over a 7 year period, is that right?
by steadyeddy
Wed Aug 24, 2016 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Homeowner's insurance question
Replies: 23
Views: 1617

Re: Homeowner's insurance question

Sometimes an insurance company just decides it wants to get out of an area. They'll start dropping policies left and right for little things, or they'll drop all policies in an entire region. Maybe Traveler's had too many claims in OP's region last year. The OP is not insured by Travelers, but is c...
by steadyeddy
Thu Aug 18, 2016 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Would you buy a house....
Replies: 19
Views: 1588

Re: Would you buy a house....

I would definitely drive by it on different days and at varying times to get a feel for the area. There is a park like that less than a mile from my house that I would not want to live near. Dozens of cars parked on the street, litter everywhere, a loud ice cream truck circling it five hours a day, ...
by steadyeddy
Sun Aug 14, 2016 9:05 pm
Forum: Personal Consumer Issues
Topic: How well do robot vacuums work?
Replies: 26
Views: 2420

Re: How well do robot vacuums work?

P.S. The random path finding is maddening if you let yourself watch it, but since it runs every single day, I imagine the routing evens itself out over time and every square inch of flooring gets covered multiple times a week. Just schedule it to run when you're not home so you can't watch it bumbl...
by steadyeddy
Sun Aug 14, 2016 1:50 pm
Forum: Personal Consumer Issues
Topic: How well do robot vacuums work?
Replies: 26
Views: 2420

Re: How well do robot vacuums work?

A roomba always seemed like a silly novelty to me until we got a labrador retriever. Suddenly we needed daily vacuuming, and we're way too lazy for that. Our low-end $350 roomba runs every weekday at 9am while we're at work, and at 2pm on the weekends while we're typically out of the house. We don't...
by steadyeddy
Tue Aug 09, 2016 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Will realtor advise on needed improvements for home sale?
Replies: 38
Views: 1968

Re: Will realtor advise on needed improvements for home sale?

My experience and that of others I know is that today's buyers aren't that interested in creating "sweat equity" by fixing things themselves. Not even painting. And to the degree that they would, its easier for them to finance if its already done and built into their purchase price. Defin...
by steadyeddy
Tue Aug 09, 2016 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: Will realtor advise on needed improvements for home sale?
Replies: 38
Views: 1968

Re: Will realtor advise on needed improvements for home sale?

You have to ask yourself who is going to buy the house. A large house in a nice neighborhood offers better ROI on improvements than a small home in a bad neighborhood. Handy people shopping in that nice neighborhood likely also have more cash to fix a home up themselves if you sell it as a blank can...
by steadyeddy
Tue Jul 26, 2016 7:42 am
Forum: Personal Finance (Not Investing)
Topic: Liability insurance needed if renting apartment?
Replies: 14
Views: 734

Re: Liability insurance needed if renting apartment?

I don't have an umbrella policy because I own a house. I have an umbrella policy because I drive a car. Honestly, I can't think of any even remotely likely accident on my (pool-less) property that would exceed my primary homeowners policy limits. Conversely, I could quite easily cause a wreck at 60...
by steadyeddy
Mon Jul 25, 2016 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Liability insurance needed if renting apartment?
Replies: 14
Views: 734

Re: Liability insurance needed if renting apartment?

I don't have an umbrella policy because I own a house. I have an umbrella policy because I drive a car. Honestly, I can't think of any even remotely likely accident on my (pool-less) property that would exceed my primary homeowners policy limits. Conversely, I could quite easily cause a wreck at 60m...
by steadyeddy
Fri Jul 15, 2016 2:24 pm
Forum: Forum Issues and Administration
Topic: Problem with cell phone + this website
Replies: 30
Views: 2140

Re: Problem with cell phone + this website

I have experienced the same issue, but only when I move around between different towers or wifi networks. If I am sitting at home on my own wifi network, I stay logged in between browsing sessions. Does this mesh with your experience, Almost there?
by steadyeddy
Fri Jul 15, 2016 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Relationship between interest rates and real estate prices?
Replies: 9
Views: 427

Re: Relationship between interest rates and real estate prices?

If interest rates rise, demand will likely fall which we would expect to decrease house prices. But most people cannot afford to sell at a loss and might delay selling their house which will decrease supply which we would expect to increase prices. At that point in time inflation will also take off ...
by steadyeddy
Wed Jun 22, 2016 4:38 pm
Forum: Personal Finance (Not Investing)
Topic: Should I express my inheritence thoughts to my father?
Replies: 78
Views: 5852

Re: Should I express my inheritence thoughts to my father?

Were you hoping that at some point your siblings would declare you the winner and salute? Life is not a competition; you don't get a trophy at the end for doing it "better." Enjoy the journey.
by steadyeddy
Wed Jun 22, 2016 5:15 am
Forum: Personal Consumer Issues
Topic: House hunting, tips and why do people list houses too high?
Replies: 41
Views: 3902

Re: House hunting, tips and why do people list houses too high?

Rodc wrote:
Epsilon Delta wrote:
edge wrote:Where do you live that houses are less than 100$/sqft?

Between the Appalachians and the Sierras.


Skipping Chicago and Denver/Boulder. :happy


You can nix Minneapolis and Austin while you're at it. And anywhere else with an abundance of well paying jobs.
by steadyeddy
Tue Jun 21, 2016 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: Should I use this realtor?
Replies: 27
Views: 2033

Re: Should I use this realtor?

That's bizarre. If I walk into an open house of my own free will, I feel no duty to hire the putz standing by the island counter. Actually, I might just start hiding behind the front door of open houses and ambushing people that walk in. "Aha! You are now legally obligated to work with me to bu...
by steadyeddy
Tue Jun 21, 2016 5:30 pm
Forum: Personal Consumer Issues
Topic: House hunting, tips and why do people list houses too high?
Replies: 41
Views: 3902

Re: House hunting, tips and why do people list houses too high?

In my area, homes in a particular neighborhood tend to be priced in a relatively tight range on a per square foot basis. This makes it easy to spot outliers. I also wouldn't be scared about putting in a fair (low) offer to an overpriced seller. Their agent likely knows full well the home is overpric...
by steadyeddy
Tue Jun 07, 2016 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Umbrella Insurance
Replies: 8
Views: 791

Re: Personal Umbrella Insurance

I want to share my experience in case it can help others. I've read these threads for years, but waffled on getting an umbrella policy because we are young with relatively modest assets and a low-liability profile (e.g. no kids, pool, boat, etc.). This year I finally asked my agent what an umbrella ...
by steadyeddy
Tue May 31, 2016 9:14 pm
Forum: Investing - Theory, News & General
Topic: International stocks underperformed for the last 20 years.
Replies: 135
Views: 10254

Re: International stocks underperformed for the last 20 years.

Kosomoto, you have asked whether we have a reason to believe international equities will not chronically underperform US equities in perpetuity. My question is whether you have a reason to believe they will. I believe that the global financial markets are relatively efficient and that globalization ...
by steadyeddy
Sat May 21, 2016 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Reality check - how am I doing
Replies: 63
Views: 7457

Re: Reality check - how am I doing

I've been spending some time on the MMM forums lately, and this whole thread is the perfect example of their perception of Bogleheads. Too funny! In fairness, I find the MMM groupthink to be quite judgemental and negative. No internet subculture is perfect, right? OP, you're probably doing well fina...
by steadyeddy
Tue Apr 05, 2016 12:54 pm
Forum: Investing - Theory, News & General
Topic: Are personal mortgages inherently risky (rent vs own)
Replies: 16
Views: 1670

Re: Are personal mortgages inherently risky (rent vs own)

Do you want asset price fluctuation (buy) and cash flow fluctuation (rent)? Pick your risk; neither is risk free. It should also be noted that home prices typically do not rise and fall with the same velocity as the stock market. Your example of a quick 50% gain or loss is unlikely, so the risk is o...
by steadyeddy
Mon Mar 07, 2016 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Buy House Now or Later?
Replies: 29
Views: 1921

Re: Buy House Now or Later?

We bought a starter home two years ago because it was cheaper than rent. I planned to upgrade in ~5 years, but I pretty much wanted a larger, nicer house within six months of buying. I should have waited (and not been so cheap). On the plus side, this house has significantly increased the trajectory...
by steadyeddy
Sun Mar 06, 2016 1:19 am
Forum: Investing - Help with Personal Investments
Topic: [In need of advice.... Day trading - What am I missing?]
Replies: 20
Views: 1719

Re: [In need of advice.... Day trading - What am I missing?]

Step 1: Read Flash Boys by Michael Lewis Step 2: Recognize that you simply can't reliably make money against pros these days. Seriously, read it. And then if still think you can be a trading prodigy, you're far better off working for a hedge fund than trading your own little stake. It's a far easier...
by steadyeddy
Fri Feb 12, 2016 3:36 pm
Forum: Investing - Theory, News & General
Topic: Any regrets by people 50+ for having a conservative portfolio in their 30's
Replies: 68
Views: 8417

Re: Any regrets by people 50+ for having a conservative portfolio in their 30's

dc81584 wrote:At age 30, it's probably best to have an 80/20 allocation. Having a conservative portfolio at such a young age only guarantees you a lower long-term rate of return.


I wasn't aware there were any guarantees in this business! :P
by steadyeddy
Fri Feb 12, 2016 2:03 pm
Forum: Investing - Theory, News & General
Topic: Any regrets by people 50+ for having a conservative portfolio in their 30's
Replies: 68
Views: 8417

Re: Any regrets by people 50+ for having a conservative portfolio in their 30's

You need to recognize that retirees today were investing during a huge and prolonged bull market. They would be crazy not to wish they'd had more equities IN HINDSIGHT. It's like asking Bill Gates' longtime pal if he wished he'd invested early-stage. But go look at all the posts from the spring of 2...
by steadyeddy
Sun Feb 07, 2016 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: 10% Mortgage Down payment
Replies: 49
Views: 6885

Re: 10% Mortgage Down payment

I don't think the banks will be impressed that you're debt free with a smaller down payment. They would probably rather see the full 20% down with a higher debt-to-income (since a house 2.5x salary won't be stretching affordability anyway). In other words, check whether paying PMI is really cheaper ...
by steadyeddy
Tue Feb 02, 2016 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: Babysitter not providing SSN
Replies: 74
Views: 8804

Re: Babysitter not providing SSN

Let's try not to assume the worst in people, folks. Posts that imply the OP is a negligent parent or a criminal when all he or she did was ask a question in good faith are not what I hope to see from this community.
by steadyeddy
Tue Feb 02, 2016 1:18 pm
Forum: Personal Consumer Issues
Topic: Buy a bigger vehicle to grow into?
Replies: 28
Views: 2032

Re: Buy a bigger vehicle to grow into?

The results are in!* Get a CR-V: 14 votes Get an SUV/Minivan: 12 votes OP is an idiot for asking: 1 vote OP can't afford a new vehicle: 1 vote :P Seriously, thank you all for your input. We were already planning to wait until after a birth to buy the new vehicle, but now I'm thinking maybe we should...
by steadyeddy
Mon Feb 01, 2016 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Giving to vs. saving for charity
Replies: 39
Views: 2465

Re: Giving to vs. saving for charity

We give regularly to several charities (we use billpay to automate the checks going out) and then give larger gifts at the end of the year. I definitely need to look into bunching though.
by steadyeddy
Mon Feb 01, 2016 10:44 am
Forum: Personal Consumer Issues
Topic: Buy a bigger vehicle to grow into?
Replies: 28
Views: 2032

Buy a bigger vehicle to grow into?

My wife and I are planning to have a child in the next year or two and will buy a new vehicle when he or she arrives. At that point, we'll be a family of 2.5, so we really won't need a much space. Even a sedan would be fine, but I'm thinking something like a CR-V would allow us to strap in a car sea...
by steadyeddy
Thu Jan 21, 2016 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Are college costs really expected to go up in the future?
Replies: 19
Views: 1342

Re: Are college costs really expected to go up in the future?

I think higher education will bifurcate [more] as we move forward. HYPS will keep doing what they're doing and the worlds elite will attend at any price. Education for the masses will get cheaper and more career oriented.
by steadyeddy
Mon Jan 11, 2016 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: Large amount of CDs maturing....what to do?
Replies: 162
Views: 18736

Re: Large amount of CDs maturing....what to do?

I understand your hesitation because that's a huge chunk of your portfolio, but with CD's I think you just have to roll them over at the best available rates when the time comes and then consider breaking them if rates rise enough to justify it. And keep in mind, we're talking about a fraction of a ...
by steadyeddy
Tue Jan 05, 2016 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Job Prospects for English Majors?
Replies: 73
Views: 5791

Re: Job Prospects for English Majors?

I have multiple "worthless" degrees that have nothing to do with my current job. I've done well because I: 1) Have a college degree 2) Made myself more valuable than my coworkers in any job I've worked 3) Have been lucky I will say that an increasing number of job postings in the business ...
by steadyeddy
Thu Dec 24, 2015 1:07 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on groceries?
Replies: 109
Views: 8676

Re: How much do you spend on groceries?

Groceries have averaged $352/mo for my spouse and me over the last 12 months, and that number includes alcohol, toiletries, cleaning supplies, paper products, etc. Restaurant meals have averaged an additional $349/mo over the same time period. We like good food and good friends to share it with! :sh...
by steadyeddy
Tue Dec 22, 2015 3:32 pm
Forum: Investing - Theory, News & General
Topic: Large Energy stocks - why not?
Replies: 158
Views: 12522

Re: Large Energy stocks - why not?

Great discussion. I really enjoy the healthy tension between intelligent viewpoints here. Here are my thoughts: 1. Every time I do a thought experiment about making a sector bet, I quickly conclude there are too many variables for me to accurately predict the future. Eventually I'll either experienc...
by steadyeddy
Wed Nov 18, 2015 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone gone from 0 to 100?
Replies: 55
Views: 6893

Re: Has anyone gone from 0 to 100?

I'm just a few years older than you, so I know what it feels like to have more internal drive than external opportunity. And it's good to be young and hungry. A chip on your shoulder and a fire in your belly can help you work hard to get ahead. But I recommend going from 0 to 1 and then 1 to 2 and s...
by steadyeddy
Fri Nov 13, 2015 10:16 am
Forum: Personal Finance (Not Investing)
Topic: "Vacation Buy" from employer - is it worth it?
Replies: 30
Views: 2436

Re: "Vacation Buy" from employer - is it worth it?

My company offers the option to buy extra PTO during open enrollment, and I always do. Purchased time is used last after all other PTO, and any unused purchased time can be cashed out in December. I figure buying it gives me a year long option to choose time or money. If I do not buy it I can only c...
by steadyeddy
Mon Nov 09, 2015 11:23 am
Forum: Investing - Help with Personal Investments
Topic: myRA vs. Ally CD for Roth IRA?
Replies: 2
Views: 498

myRA vs. Ally CD for Roth IRA?

My spouse and I will be funding our Roth IRA's for 2015 soon. In the past we have funded Ally CD's with a 5 year term. This year I am considering starting a myRA instead. Both options offer a ~2% return, but the myRA offers it without threat of early withdrawal penalties should I choose to roll the ...
by steadyeddy
Tue Oct 27, 2015 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Palo Alto Medical Foundation ripoff - how to handle?
Replies: 36
Views: 2759

Re: Palo Alto Medical Foundation ripoff - how to handle?

For what it's worth, paying 400% more than Medicare through private insurance doesn't shock me. I've seen instances where Medicare reimbursement is 10x lower than private insurer rates.
by steadyeddy
Mon Oct 19, 2015 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: Is any of my capital at risk b/c of the Lawsuit
Replies: 22
Views: 3208

Re: Is any of my capital at risk b/c of the Lawsuit

No matter the outcome, I can't imagine there would be any political will to literally take money from retirees.
by steadyeddy
Wed Oct 14, 2015 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Kind of investments and House
Replies: 8
Views: 657

Re: Kind of investments and House

Will you even be able to get a loan on an $800k house with $130k of income? That's a scary ratio!
by steadyeddy
Tue Oct 13, 2015 5:49 pm
Forum: Personal Consumer Issues
Topic: Local movie theater now offers reserved seating. Is this good or bad?
Replies: 37
Views: 3316

Re: Local movie theater now offers reserved seating. Is this good or bad?

Leif wrote:Not good...Larger chairs, recliners, order and delivery of upgraded food to your seat.


Sounds terrible! Hopefully they come to their senses and move a torture-based model like the airline industry! We don't need no stinkin' legroom! :P
by steadyeddy
Mon Oct 12, 2015 5:08 pm
Forum: Personal Consumer Issues
Topic: Local movie theater now offers reserved seating. Is this good or bad?
Replies: 37
Views: 3316

Re: Local movie theater now offers reserved seating. Is this good or bad?

Reserved seating is the best thing to happen to movie theaters since popcorn. You've already identified how to use them to your advantage. My experience is that only 20% of seats get reserved online with 80% being purchased just before the show, but it's true the 20% early birds snap up the best sea...
by steadyeddy
Mon Oct 12, 2015 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Allowance for college kid
Replies: 67
Views: 3865

Re: Allowance for college kid

It all has to be decided in context. Some kids are predisposed to take advantage of generosity while others will remain mature and driven. Some parents struggle to help with tuition while others are going to pay huge estate taxes and need to spend/give more money. No sense making blanket judgements ...
by steadyeddy
Wed Oct 07, 2015 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: What do you guys do on the side?
Replies: 126
Views: 13075

Re: What do you guys do on the side?

My side hustle is getting professional designations to further my day job. The ROI on my time has been excellent.
by steadyeddy
Wed Oct 07, 2015 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: ALLY Bank and the new tier announcement
Replies: 128
Views: 23870

Re: ALLY Bank and the new tier announcement

If the top tier is no lower than the current rate, I'll leave things as they are. If they drop it, then they'll get the exodus that move would suggest they want. Simple as that.

P.S. My overall experience with the Ally checking, savings, and CD products has been excellent these last few years.
by steadyeddy
Wed Oct 07, 2015 3:27 pm
Forum: Personal Consumer Issues
Topic: Reading Out Loud Issues
Replies: 29
Views: 3048

Re: Reading Out Loud Issues

To me it sounds like you're describing someone who doesn't read well--silently or out loud. This doesn't mean she isn't highly intelligent, but I would doubt the "out loud" part of the equation is the issue here. Reading to her child will be a fantastic way to practice reading.
by steadyeddy
Thu Oct 01, 2015 5:21 pm
Forum: Personal Consumer Issues
Topic: How to sell an old car?
Replies: 55
Views: 3765

Re: How to sell an old car?

I'm surprised so many think craigslist is a hassle. A running car priced under $2k in my area is gone within an hour. Easily the most efficient way to sell unless you've overpriced it.
by steadyeddy
Fri Sep 25, 2015 1:36 pm
Forum: Personal Consumer Issues
Topic: Live close to work AND in a good school district?
Replies: 57
Views: 3552

Re: Live close to work AND in a good school district?

OP here. Thank you all for your thoughts! We hope to have kids soon and always intended to move to a larger house as the family grew, so the only question is where. We currently live about five minutes from work, but in a school district whose test scores are mediocre and deteriorating rapidly. Our ...
by steadyeddy
Thu Sep 24, 2015 10:23 pm
Forum: Personal Consumer Issues
Topic: Live close to work AND in a good school district?
Replies: 57
Views: 3552

Live close to work AND in a good school district?

I was browsing the "time savers" thread and saw numerous posts about the benefits of living close to work and amenities. I also know many bogleheads reccomend living in a good public school district. I work downtown in a fairly large city where the school districts near the urban core are ...
by steadyeddy
Fri Sep 11, 2015 5:54 pm
Forum: Personal Finance (Not Investing)
Topic: Post your current employer retirement plan! (if any)
Replies: 94
Views: 9838

Re: Post your current employer retirement plan! (if any)

Big company, revenue ~$25B 401k with 100% match up to 5%. Cash balance pension contributes 2-7% based on age and tenure. Both vest with a 3 year cliff (all or nothing). No admin fees and expense ratios as low as .02% for Vanguard index funds. Match is distributed annually so you can miss it if you q...
by steadyeddy
Thu Sep 03, 2015 4:55 pm
Forum: Personal Consumer Issues
Topic: Best Small Purchases (Around the house)
Replies: 133
Views: 15748

Re: Best Small Purchases (Around the house)

In the same vein as a griddle, our spice organizer makes me smile every time I open the cupboard and see it.
https://www.amazon.com/dp/B00MWCW3RC/re ... 6vbAW9J013

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