Search found 704 matches

by tainted-meat
Sun May 27, 2018 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Do I pay towards my mortgage or invest?
Replies: 44
Views: 4021

Re: Do I pay towards my mortgage or invest?

Financially, chances are you will come ahead by investing for the long-term than paying off that mortgage early.

Debt is a tool, and if used properly can help make you wealthy.
by tainted-meat
Sat May 26, 2018 10:08 pm
Forum: Personal Consumer Issues
Topic: Near commercial level treadmill
Replies: 28
Views: 1735

Re: Near commercial level treadmill

Running outside is free and more fun.

Treadmills are boring.
by tainted-meat
Sat May 26, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 88
Views: 8642

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

I have the exact same mortgage rate. I am not going to pay it off early as interest rates are going up, inflation is starting to creep up and assuming wages follow the low mortgage rate of 3.625% is a great deal.
by tainted-meat
Tue May 22, 2018 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Buy an old farmhouse?
Replies: 50
Views: 4020

Re: Buy an old farmhouse?

Moving to the country seems like a lot of work to me. From potentially mowing a larger area to dealing with a well and septic and trying to get AC to work upstairs, doesn't seem too appealing to me. The kids would also be isolated from friends. I've lived in rural and town/suburban settings and much...
by tainted-meat
Sat May 19, 2018 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 132
Views: 8163

Re: Dave Ramsey it or keep low interest debt

I would invest the money. The the higher the ratio of passive investment income you can get that is subject to the lower capital gains rate (vs ordinary rate) the better.
by tainted-meat
Mon May 07, 2018 8:23 pm
Forum: Personal Consumer Issues
Topic: How much car to buy on $250K income, $200K NW, newborn on the way
Replies: 78
Views: 6007

Re: How much car to buy on $250K income, $200K NW, newborn on the way

I'd buy a cheap econobox. Apparently nobody wants a simple simple sedan any more. I'm not sure if this is true, I'm not in the market, but apparently there are cars sitting on the lots begging for buyers. I'd buy one of those if I was in your shoes. Apparently sensible sedans are sitting on the lot...
by tainted-meat
Thu May 03, 2018 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Pay $2500 in rent or continue living at home
Replies: 91
Views: 6306

Re: Pay $2500 in rent or continue living at home

Depends on your personal goals. If you want to find a mate then move out. Otherwise, bank cash and retire early or take cool vacations.
by tainted-meat
Mon Apr 30, 2018 9:58 am
Forum: Personal Consumer Issues
Topic: First credit card
Replies: 21
Views: 1202

Re: First credit card

Agree with others who have recommended the Discover student card.

I received it as a college sophomore in 2006 and the credit I built with it helped me get approved for a home loan in 2009.

I still use it for the rotating categories today.
by tainted-meat
Sat Apr 28, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: Hotel rewards programs
Replies: 45
Views: 3772

Re: Hotel rewards programs

I've been able to get quite a few free nights via hotel card sign-up bonuses. Mostly end up using the points when we want to be in a general area, but don't really care about specific location. We've kept the no fee ones and IHG cards as it gives a free night to offset the $49 fee. IHG also offers ...
by tainted-meat
Tue Apr 24, 2018 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Salary Negotiation gone sour
Replies: 98
Views: 10136

Re: Salary Negotiation gone sour

It's always easy to examine, re-examine and over analyze what you did after the results are known (job given to someone else). Keep moving forward and don't worry about past (perceived?) mistakes as I'm not sure you even made a mistake. This only blinds you from moving forward to the next great oppo...
by tainted-meat
Sun Apr 15, 2018 12:12 pm
Forum: Personal Consumer Issues
Topic: Having Child; Car Purchase maybe?
Replies: 40
Views: 1926

Re: Having Child; Car Purchase maybe?

The more space you have the more useless crap you will buy whether it is a house or a vehicle.

Keep it simple.
by tainted-meat
Sun Apr 15, 2018 9:31 am
Forum: Personal Consumer Issues
Topic: Dealing with poorly assigned hotel rooms?
Replies: 41
Views: 3317

Re: Dealing with poorly assigned hotel rooms?

I travel quite a bit for work and there is almost always someone being loud and/or slamming doors in hotels. If someone is being loud I knock on their door and politely ask them to keep it down. It almost always works. In the few cases that someone continues to be loud late into the night, I simply ...
by tainted-meat
Sat Apr 14, 2018 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Which fidelity funds?
Replies: 29
Views: 1842

Re: Which fidelity funds?

FFNOX (Fidelity Four-in-One Index Fund) is a great utility option that includes domestic & international stock with a bond allocation. Thank you! This is a balanced fund which contains a bond allocation, not very tax-effient in a taxable account. Wiki article "Tax-efficient fund placement" . If you...
by tainted-meat
Sat Apr 14, 2018 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: Which fidelity funds?
Replies: 29
Views: 1842

Re: Which fidelity funds?

FFNOX (Fidelity Four-in-One Index Fund) is a great utility option that includes domestic & international stock with a bond allocation.
by tainted-meat
Sun Apr 08, 2018 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Max out 401k or pay off mortgage?
Replies: 18
Views: 1113

Re: Max out 401k or pay off mortgage?

Max HSA, Trad 401K, , Roth IRA then save any additional in savings for down payment on new house. Do not pay down mortgage at that interest rate, esp. given the fact you are moving. Remember, inflation risk is real even though the U.S. hasn't seen the effects of it in many years. A 30 yr mortgage is...
by tainted-meat
Tue Apr 03, 2018 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Am I Crazy to Consider Relocating 5 Months after Buying a House?
Replies: 28
Views: 3117

Re: Am I Crazy to Consider Relocating 5 Months after Buying a House?

You didn’t mention the extent of your personal ties (family, friends, etc).

Based on the information provided I would go for it and not look back.

Good luck!
by tainted-meat
Wed Mar 28, 2018 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Should we save for our son's college?
Replies: 96
Views: 8495

Re: Should we save for our son's college?

Since you're asking, yes you should save for your child's college education if you are making that kind of money. There are many ways to instill good principles without making son finance his own education. Now if you were making 35K, then I would say do the best you can but it's probably not realis...
by tainted-meat
Tue Mar 27, 2018 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Grass is always greener, federal edition
Replies: 59
Views: 6695

Re: Grass is always greener, federal edition

Sounds like you have a good situation. Nothing wrong with looking around but I'll tell you that the private sector will most likely not have the work/life balance and security that you have right now.
by tainted-meat
Sat Mar 24, 2018 12:31 pm
Forum: Personal Consumer Issues
Topic: Your favorite Florida beach??
Replies: 52
Views: 5004

Re: Your favorite Florida beach??

I like St. George Island.
by tainted-meat
Sat Mar 17, 2018 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Bought house six months ago - now feeling like we're treading water and can't save money
Replies: 189
Views: 16864

Re: Bought house six months ago - now feeling like we're treading water and can't save money

Your budget seems fine and I don't see anything too far out of line. See if there is a way to make more money.
by tainted-meat
Fri Mar 09, 2018 7:54 am
Forum: Investing - Help with Personal Investments
Topic: Can I take an 85+% pay cut for fun?
Replies: 80
Views: 9210

Re: Can I take an 85+% pay cut for fun?

You can do it if you manage your spending. I'd probably crank out 2-3 more years then make the jump.
by tainted-meat
Sun Mar 04, 2018 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: An HSA Account as an Investment Vehicle
Replies: 21
Views: 1647

Re: An HSA Account as an Investment Vehicle

It is the best tax preferred investment vehicle in my opinion (after getting any 401k matching funds).
by tainted-meat
Wed Feb 28, 2018 10:29 am
Forum: Personal Consumer Issues
Topic: Move to Orange County
Replies: 50
Views: 4160

Re: Move to Orange County

There are some fairly affordable parts of Orange County. If you look in the city of Orange the prices aren't too terrible (not sure what the school system looks like). Good luck!
by tainted-meat
Thu Feb 22, 2018 5:16 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about selling GE to invest in an index fund
Replies: 25
Views: 2908

Re: Thinking about selling GE to invest in an index fund

I would keep GE as my fun stock and let it ride.
by tainted-meat
Mon Feb 05, 2018 3:45 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6550
Views: 1406945

Re: U.S. stocks in freefall

For someone 25-30 yrs from retirement, with <100k in 401k, with plans of maxing out 2 401ks starting later this year, am I crazy in thinking this is a good thing? Not sure if I would say it is a good or bad thing, but just that it is. It's important to continue buying on the ups and on the downs.
by tainted-meat
Sun Jan 28, 2018 8:03 pm
Forum: Personal Consumer Issues
Topic: Selling home to rent in better area?
Replies: 18
Views: 1447

Re: Selling home to rent in better area?

I'd be careful selling a house in California if I planned to stay there. You could very well get priced out of the market if you rent for a while.
by tainted-meat
Sat Jan 27, 2018 6:39 pm
Forum: Investing - Theory, News & General
Topic: 401k millionaires
Replies: 158
Views: 24588

Re: 401k millionaires

You can retire now and reduce your tax liability :D I am not a financial professional, just a guy who has worked hard and been well paid for many decades. I have been contributing (and investing in a Boglehead fashion) the max to my tax protected space each year since the 80's. After the current mar...
by tainted-meat
Sun Jan 14, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement possible?
Replies: 12
Views: 1950

Re: Early retirement possible?

That pension is valuable, very valuable. I'd work until 55.5 if you can then retire for good - it's only 13 more years.
by tainted-meat
Sat Jan 06, 2018 6:48 pm
Forum: Investing - Help with Personal Investments
Topic: Is now not a good time to start investing?
Replies: 36
Views: 3091

Re: Is now not a good time to start investing?

It's not as good as yesterday but it's better than tomorrow. Start ASAP and invest for the long-run.
by tainted-meat
Mon Jan 01, 2018 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: How can I move back to NYC with such high taxes? (State/City tax, Unincorporated Business Tax)
Replies: 110
Views: 8752

Re: How can I move back to NYC with such high taxes? (State/City tax, Unincorporated Business Tax)

Yes I would do it if NYC was the place I wanted to live.
Plus- Manhattan can open doors that Texas can’t.
by tainted-meat
Mon Jan 01, 2018 10:45 am
Forum: Personal Consumer Issues
Topic: Plow Guy Raised Rates
Replies: 112
Views: 9945

Re: Plow Guy Raised Rates

if this is about principle instead of $5, would those "principled" posters here consider finding a new vendor if the snow plow guy dropped his prices $5 this year instead of raising it $5? After all, the guy said the price would remain the same. Would you insist on paying last years rate? Who's kid...
by tainted-meat
Fri Dec 29, 2017 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Christmas Bonus: Etiquette
Replies: 32
Views: 4867

Re: Christmas Bonus: Etiquette

I would write a card or say thank you in person, maybe both.

Either way I would acknowledge it with appreciation.
by tainted-meat
Tue Dec 26, 2017 8:59 pm
Forum: Personal Consumer Issues
Topic: manual car for new teen driver
Replies: 143
Views: 7605

Re: manual car for new teen driver

I had a manual car when I turned 16. Following the rules of the road is more important than a manual or automatic transmission.

I learned to drive one when I was 12.
by tainted-meat
Tue Dec 19, 2017 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford it: Dodge Challenger
Replies: 122
Views: 7189

Re: Can I afford it: Dodge Challenger

You can afford it and should buy it if you really want it. Kids are a lot more expensive than that car - and most people do it on far less income (I know from my own experience :happy ). Let us know what you do and if you get it post a picture. The Challenger is my favorite sports car that is still ...
by tainted-meat
Mon Dec 18, 2017 6:12 pm
Forum: Personal Consumer Issues
Topic: New job offer - background check
Replies: 140
Views: 8242

Re: New job offer - background check

I don't think you have anything to worry about. Seems like a minor offense in the grand scheme of things (given it was 14 years ago and you were 17).
by tainted-meat
Sat Nov 25, 2017 9:35 am
Forum: Personal Consumer Issues
Topic: Etiquette question: going out to dinner with friends and how to split the bill
Replies: 86
Views: 5980

Re: Etiquette question: going out to dinner with friends and how to split the bill

If you’re out with friends best to do what is least awkward

Go with the flow - sometimes you’ll pay more and sometimes less but that is the cost (and benefit) of friendships.
by tainted-meat
Sat Oct 07, 2017 1:34 pm
Forum: Personal Consumer Issues
Topic: Roof shingles do not match - Neighbor sent notice
Replies: 44
Views: 6290

Re: Roof shingles do not match - Neighbor sent notice

Ignoring an unreasonable request is always an option.

Not every request or demand deserves a response.
by tainted-meat
Sun Oct 01, 2017 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Employee looking to move to Private sector..!
Replies: 34
Views: 2631

Re: Federal Employee looking to move to Private sector..!

I'd stay put. The pension and work life balance for a Fed are darn near impossible to beat.
by tainted-meat
Sat Sep 30, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Suggestions for 22 year old daughter's portfolio?
Replies: 29
Views: 2630

Re: Suggestions for 22 year old daughter's portfolio?

I'd throw it all in VTWIX and let it ride for 15-20 years. At that time I'd look to possibly add some bonds.
by tainted-meat
Mon Sep 18, 2017 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Worth buying an excessive priced house?
Replies: 43
Views: 4641

Re: Worth buying an excessive house?

I agree with some of the prior posts regarding kids and a pool.

I would not get a pool with small kids as they can easily fall in and drown (or near-drown which can cause brain damage).
by tainted-meat
Tue Sep 12, 2017 7:58 pm
Forum: Personal Consumer Issues
Topic: Best Lower Cost USA Cities to Live
Replies: 102
Views: 9208

Re: Best Lower Cost USA Cities to Live

my city - Louisville, KY. mountain bike, walk a river bridge, road bike, pay $5-10 for downtown parking, hike some gnarly knobs, eat some great food from indie chefs all in city limits. if you get bored you can go to Indianapolis (2hrs), Cincinnati/NorKY (1.5hrs), Red River Gorge (2hrs), Nashville (...
by tainted-meat
Sat Aug 19, 2017 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Moving from Fidelity to Vanguard - consolidating
Replies: 8
Views: 1078

Re: Moving from Fidelity to Vanguard - consolidating

The 401k has more protections in some states than an IRA.

I would leave it in the 401k.
by tainted-meat
Thu Aug 03, 2017 7:38 am
Forum: Investing - Help with Personal Investments
Topic: Burned out at 28. Do I have enough?
Replies: 62
Views: 10979

Re: Burned out at 28. Do I have enough?

Take a nice vacation then consider options.

It's hard to think clearly and rationally when you are in the mix of things.

Good luck.
by tainted-meat
Mon Jul 24, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Company Vehicle - What would you do?
Replies: 23
Views: 1634

Re: Company Vehicle - What would you do?

I had the same decision as you a few years ago.

I sold my personal car.

I still have my company car.
by tainted-meat
Fri Jul 21, 2017 9:50 am
Forum: Investing - Theory, News & General
Topic: Advise to mass distribute (Dave?)
Replies: 8
Views: 611

Re: Advise to mass distribute (Dave Ramsey?)

Dave is a good guy for getting people out of debt. I don't like his investing advice but I understand why he would push it (outside of getting paid by his ELPs). Many of the people that get themselves in that kind of debt need a bit of hand holding when it comes to finances. With that said I don't f...
by tainted-meat
Fri Jul 21, 2017 8:35 am
Forum: Personal Consumer Issues
Topic: Hotel Credit Card
Replies: 19
Views: 1751

Re: Hotel Credit Card

I think the IHG credit card is the best deal going right now. I think it's $49 a year and you get one free night a year which includes Intercontinental and Hotel Indigo with some unavailable dates but pretty good availability. I stay at IHG properties mainly but also some Hilton properties dependin...
by tainted-meat
Mon Jul 17, 2017 8:09 am
Forum: Investing - Help with Personal Investments
Topic: Thinking out loud
Replies: 30
Views: 3989

Re: Thinking out loud

stemikger - I like to take more risk but really that 60/40 at your age and what appears to be your risk profile fits well. Keep in mind that bonds (and US Stocks) have done very well over the last 20 years so I don't think you've missed out on returns either. Another vote to stick with your plan. It...
by tainted-meat
Sat Jul 15, 2017 8:30 pm
Forum: Investing - Theory, News & General
Topic: Is now time to move into international stocks?
Replies: 57
Views: 8093

Re: Is now time to move into international stocks?

RRAAYY3 wrote:things change, and the US is slowly but surely losing it's footing as "the world leader" .

I am very heavily weighted towards international (have been for years) but this statement has nothing to do with investing and is totally false.
by tainted-meat
Mon Jul 10, 2017 7:47 am
Forum: Personal Consumer Issues
Topic: A question about GENTLE excercise.............
Replies: 22
Views: 2859

Re: A question about GENTLE excercise.............

I don't do yoga but if you live in the country then doing something as simple as walking for an hour every day should keep you in very good shape.

Exercise doesn't have to be terribly difficult or uncomfortable to be effective.