Search found 386 matches

by tampaite
Mon Nov 20, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: Cruise to Nassau, Bahamas - Atlantis Discovery Tour?
Replies: 11
Views: 708

Re: Cruise to Nassau, Bahamas - Atlantis Discovery Tour?

I too was thoroughly unimpressed by Nassau. Should have stayed on the Disney boat IMHO. It was kind of grubby and not memorable. I disagree. It's all about going out of your comfort zone and exploring. We throughly enjoyed the downtown area, queen's castle and just exploring the city in the limited...
by tampaite
Mon Nov 20, 2017 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Returns - How Long Do you Keep?
Replies: 37
Views: 2281

Re: Tax Returns - How Long Do you Keep?

abuss368 wrote:
Sun Nov 19, 2017 12:16 pm

I am curious how long many of us chose to retain Tax Returns.
1 year.

I scan them immediately after filing taxes and then, shred them the following year.
by tampaite
Mon Nov 20, 2017 3:29 pm
Forum: Personal Consumer Issues
Topic: Cruise to Nassau, Bahamas - Atlantis Discovery Tour?
Replies: 11
Views: 708

Re: Cruise to Nassau, Bahamas - Atlantis Discovery Tour?

Update: We just came back from our trip.

The Atlantis Discovery Tour in Bahamas is OK.

I wouldn't do it again but then, even the first time, unless you haven't seen an aquarium before you can gladly skip this one and you wouldn't have missed anything.
by tampaite
Sat Nov 11, 2017 7:36 pm
Forum: Personal Consumer Issues
Topic: Cruise to Nassau, Bahamas - Atlantis Discovery Tour?
Replies: 11
Views: 708

Cruise to Nassau, Bahamas - Atlantis Discovery Tour?

Taking a 4-day Royal Caribbean cruise and considering if it's worthwhile to pay $49 for Atlantis Discovery tour. I understand this tour does not allow access to water park and the beach and fine with it. Is the tour worth it? We are a party of 5(3 adults and 2 kids(one of them an infant) and we'll b...
by tampaite
Sat Nov 04, 2017 8:52 am
Forum: Personal Consumer Issues
Topic: 2018 MiniVans - Please post your final out the door price
Replies: 2
Views: 312

Re: 2018 MiniVans - Please post your final out the door price

Look at truecar.com to get a good estimate on the most you should pay and also look at the edmunds.com forums where you can find prices paid and buying experience for most cars. Thanks for letting me know about truecar. A cursory glance gave me the following numbers(market price) and I'll be doing ...
by tampaite
Sat Nov 04, 2017 8:34 am
Forum: Personal Consumer Issues
Topic: 2018 MiniVans - Please post your final out the door price
Replies: 2
Views: 312

2018 MiniVans - Please post your final out the door price

Looking into purchasing a new Mini-Van(Odyssey, Sienna, Pacifica, Sedona shortlisted). Preferably 2018 ones but open to 2017 models as well. Can someone post their recent buying experience at a dealership and let me know how much you paid ? Just want to figure out a ballpark $ amount before I visit ...
by tampaite
Sat Nov 04, 2017 8:17 am
Forum: Investing - Help with Personal Investments
Topic: Should I invest my emergency fund?
Replies: 29
Views: 3101

Re: Should I invest my emergency fund?

I am still trying to figure out how much to have as an emergency fund but when I got that figured, do you think it would be a good idea to put some or all of it in TIPS or a Bond Index fund? This would be in my non-retirement account. Keep 12 months of emergency fund in high yield savings account a...
by tampaite
Sat Nov 04, 2017 8:16 am
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 8843

Re: My 401k is almost all cash now. 1/2 Mil

HomerJ wrote:
Thu Nov 02, 2017 12:21 am

A 30 year old would have invested the vast majority of his money at much lower prices for the 20 years after the crash. He would have been fine.
so nothing wrong like thinking like a 30 year old now as OP is doing.
by tampaite
Tue Oct 31, 2017 11:20 am
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 8843

Re: My 401k is almost all cash now. 1/2 Mil

If an investor was 60-70 years old in 1989, presumably most of his investing was done from the 60's to 1986 (when the Nikkei rose from 1200 to 13,000--it is now at 22,000), in which case he would done fine in retirement. On the other hand, if the investor had decided to go to cash at the end of say...
by tampaite
Tue Oct 31, 2017 10:32 am
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 8843

Re: My 401k is almost all cash now. 1/2 Mil

Two fundamental principles of the stock market are: 1) it tends to go up over the long term, . Long term, we all will be dead. You'll only need to look at Japan's Nikkei 225 Index - it reached peak of 39K in 1989 and today, it's at 22K. If you were fully invested in 1989 and say, you were a 60-70 y...
by tampaite
Tue Oct 31, 2017 8:41 am
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 8843

Re: My 401k is almost all cash now. 1/2 Mil

My strategy was, once market drops 20% I will start buying again. It worked in 2008. I moved 100% in sp500. Kept on selling till 2016 Feb. Now I am just waiting. Drop 20% below to what? yesterday's closing ? This may backfire if market goes up 40% from today's high and then drops 20% - you will sti...
by tampaite
Mon Oct 30, 2017 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Inheritance and Joint account with Siblings
Replies: 44
Views: 1826

Re: Inheritance and Joint account with Siblings

Thanks Everyone for your responses :D

It seems Option #1 is the way to go but we will consider other suggestions as well.
by tampaite
Mon Oct 30, 2017 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance and Joint account with Siblings
Replies: 44
Views: 1826

Re: Inheritance and Joint account with Siblings

You should probably investigate how the taxes will be handled for option 2 before you take a liking to it. Keep in mind that one person has to be selected as the taxable owner and will have to sort out how to parcel the tax obligation to the other owners via Schedule B. All by itself having to have...
by tampaite
Mon Oct 30, 2017 9:37 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance and Joint account with Siblings
Replies: 44
Views: 1826

Re: Inheritance and Joint account with Siblings

dm200 wrote:
Mon Oct 30, 2017 9:28 am
Why not just take that amount and invest it separately (under your individual name/ownership) and let it grow with a long term goal?
I can't dictate what other siblings can/can't do. once, it's divided, each onto their own and my first post hopefully(option #1) has made this clear.
by tampaite
Mon Oct 30, 2017 9:35 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance and Joint account with Siblings
Replies: 44
Views: 1826

Re: Inheritance and Joint account with Siblings

If the intent is to have the recipients just remember the gift, then maybe a big, heavy, expensive statue should be installed at each recipient's house. It likely has no marketable value, it'll be remembered forever and it does the recipient absolutely no good. Is that what's desired? Thanks for th...
by tampaite
Mon Oct 30, 2017 9:02 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance and Joint account with Siblings
Replies: 44
Views: 1826

Re: Inheritance and Joint account with Siblings

1) How should the money be invested? Thanks for the pointers. Since this is a very small amount in each of our siblings portfolio , I don't think there is a disagreement except we are in agreement that this will need to be invested for long haul(30 yrs+) 2) What happens when one person wants to wit...
by tampaite
Mon Oct 30, 2017 8:06 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance and Joint account with Siblings
Replies: 44
Views: 1826

Re: Inheritance and Joint account with Siblings

+! for #1. I can't imagine any possible benefit to #2, and what a potential nightmare. My siblings and I took our inherited IRAs and went our separate ways, investment-wise. If you all decide on #1, I believe you'll want to keep it under the gift tax limit, which you may be able to double if both p...
by tampaite
Mon Oct 30, 2017 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance and Joint account with Siblings
Replies: 44
Views: 1826

Re: Inheritance and Joint account with Siblings

Option 2 sounds like a potential nightmare! Keep it simple. Multiple decision-makers get complicated quickly. What amounts are you looking at? xx,xxx or higher? Is everyone an adult? Thanks. We want to keep it simple and Option #1 has crossed our mind several times but also, we know that this amoun...
by tampaite
Mon Oct 30, 2017 7:57 am
Forum: Personal Consumer Issues
Topic: Interesting twist to "Free 2-day shipping" at Walmart
Replies: 47
Views: 4169

Re: Interesting twist to "Free 2-day shipping" at Walmart

I was just getting ready to place an order online at Walmart.com when I noticed that the item I was ordering had two prices. Price #1 ($6.64) when shipped "FREE 2DAY SHIPPING" to my door, and Price #2 ($5.56) for "Free Pickup at the Store". As it turns out, Price #2 is the regular price at the Walm...
by tampaite
Mon Oct 30, 2017 7:54 am
Forum: Personal Consumer Issues
Topic: Buying a Home in a 500 year Flood Plain
Replies: 32
Views: 1618

Re: Buying a Home in a 500 year Flood Plain

You gotta look at the big picture, including whether flood insurance, which for a person living in a 500 year flood zone is relatively cheap (less than $500 for maximum FEMA coverage), is a significant expenditure for you. IMO, I still think that's a wrong way of looking since you will always have ...
by tampaite
Mon Oct 30, 2017 7:48 am
Forum: Investing - Help with Personal Investments
Topic: Inheritance and Joint account with Siblings
Replies: 44
Views: 1826

Inheritance and Joint account with Siblings

Our parents sold a property and want to gift us a portion of the proceeds. However, we siblings aren't dependent on the gift( meaning, we don't need the money right now ) and looking for alternatives to invest for long term. Option #1: it's easier to just divide the proceeds by # of siblings and be ...
by tampaite
Mon Oct 30, 2017 7:36 am
Forum: Personal Consumer Issues
Topic: Buying a Home in a 500 year Flood Plain
Replies: 32
Views: 1618

Re: Buying a Home in a 500 year Flood Plain

wilshuer wrote:
Mon Oct 30, 2017 7:31 am
Actually, beg to differ. It's a matter of assessing risk and looking at past events, not simply blindly looking at the floodzone maps. Particularly in
how do you assess risk? by looking at floodzone maps right? If you just go by ONE past event, you are miscalculating your risks.
by tampaite
Mon Oct 30, 2017 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Keep current home for rental or sale
Replies: 4
Views: 356

Re: Keep current home for rental or sale

I bought the home for 300k and current market value is 370k. Based on current market value i have 200k equity on this home. I can get 2400/month rent and I will be managing the property. (Will have 600 cashflow/month) (Never been landloard myself) We have 10% down for our next home and we will be a...
by tampaite
Mon Oct 30, 2017 7:26 am
Forum: Personal Finance (Not Investing)
Topic: we bought a house - are we housepoor now?
Replies: 195
Views: 8933

Re: we bought a house - are we housepoor now?

panchilly wrote:
Sun Oct 29, 2017 2:32 pm

income: 262k

house price: 630K

Code: Select all

we bought a house - are we housepoor now?
House poor? why do you care? you have sufficient income to payoff the home in next 5 years.
by tampaite
Mon Oct 30, 2017 7:22 am
Forum: Personal Finance (Not Investing)
Topic: Home Purchase Advice
Replies: 11
Views: 1216

Re: Home Purchase Advice

+ Military Officer with stay at home Mom of 2 kids (1 HS Freshman and 1 Middle Schooler). + We are on last assignment and expect to retire in next 1-4 years. + Own rental house in area + Will look for job after retire from military however in smaller market so salary expected to take a dip. + Curre...
by tampaite
Mon Oct 30, 2017 7:18 am
Forum: Personal Consumer Issues
Topic: Buying a Home in a 500 year Flood Plain
Replies: 32
Views: 1618

Re: Buying a Home in a 500 year Flood Plain

We have an option to buy a home in the Houston suburbs which is in a 500 year flood plain. The past few years when Houston had major flooding issues, the home or the street did not see flooding (tax-day flood, memorial-day flood and hurricane Harvey). I got this data from the previous owners and cr...
by tampaite
Sun Oct 29, 2017 11:05 am
Forum: Personal Consumer Issues
Topic: What is going on with the home insurance rates?
Replies: 53
Views: 5136

Re: What is going on with the home insurance rates?

mrc wrote:
Sun Oct 29, 2017 10:43 am


So you can encourage people to drop home and auto insurance, but I can't discourage them from doing so? Right...
I hope you know the difference between an opinion and an encouragement.
by tampaite
Sun Oct 29, 2017 10:21 am
Forum: Personal Consumer Issues
Topic: Which minivan?
Replies: 25
Views: 1992

Re: Which minivan?

Do bogleheads have a recommendation on minivans that are on the market these days? Personally, I've narrowed down to Odyssey, Sienna, Pacifica and Sedona - you can't go wrong with either of them and in near future, we will be looking to buy one of them. having to decide getting a used or buying new.
by tampaite
Sun Oct 29, 2017 9:48 am
Forum: Personal Consumer Issues
Topic: Breaking point to get a new to newish car
Replies: 59
Views: 3366

Re: Breaking point to get a new to newish car

Denver5280 wrote:
Sun Oct 29, 2017 8:21 am
I keep going back to the repairs to my car are way less than the monthly payments but at what point do you say enough?
Breaking point is when the repair(getting new tires doesn't count) cost exceeds the KBB value of the car.
by tampaite
Sun Oct 29, 2017 9:45 am
Forum: Personal Consumer Issues
Topic: What is going on with the home insurance rates?
Replies: 53
Views: 5136

Re: What is going on with the home insurance rates?

That is a terrible idea. It maybe for some but not so for others. I didn't invest in bitcoin when it was in low 100s but today it's in high 6000s. Thought it wasn't worth the risk and is same with home insurance. In-fact, in my opinion, more than 80% of home owners don't make any claims just like A...
by tampaite
Sat Oct 28, 2017 7:14 am
Forum: Personal Consumer Issues
Topic: Repair (new engine) 2005 Mazda 3?
Replies: 26
Views: 1297

Re: Repair (new engine) 2005 Mazda 3?

I have a 2005 Mazda 3 that has a bad engine (needs to be replaced). NADA value (clean retail) is $4400 plus 1175 (low mileage). Just the fact that you posted retail value implies your decision maybe skewed. What if retail value was $1000, will that change your opinion? If not, you have the answer.
by tampaite
Sat Oct 28, 2017 7:08 am
Forum: Personal Consumer Issues
Topic: What is going on with the home insurance rates?
Replies: 53
Views: 5136

Re: What is going on with the home insurance rates?

flyingaway wrote:
Wed Oct 25, 2017 1:54 pm
I live in an area with no hurricane, no wildfire, no flood, (no close-by tornado or earthquake yet), in a middle sized city of U.S.
So why do you have home insurance? Don't just blindly follow the herd.

Can you go without insurance and instead invest and grow that money? For you to decide.
by tampaite
Sat Oct 28, 2017 6:33 am
Forum: Personal Finance (Not Investing)
Topic: HSA and having a baby
Replies: 28
Views: 1424

Re: HSA and having a baby

Option 3 I'm on my HDHP all year. She is on her PPO until the child's birth. She then switches to my HDHP family plan. No brainer. Go with option 3 as none of us know how pregnancy would go (wishing it goes well and smooth, but do plan for complications) Also, check what is the MAX out of pocket yo...
by tampaite
Sat Oct 28, 2017 6:29 am
Forum: Personal Finance (Not Investing)
Topic: Pay off the car or not?
Replies: 25
Views: 1994

Re: Pay off the car or not?

wander wrote:
Sat Oct 28, 2017 12:32 am
If your job is stable, you should pay it off.
Same advice here. Write the check and be done with the loan.
by tampaite
Sat Oct 28, 2017 6:26 am
Forum: Personal Finance (Not Investing)
Topic: Sanity Check - Would like to pay off mortgage early
Replies: 35
Views: 2555

Re: Sanity Check - Would like to pay off mortgage early

Hi, all. I'm a long-time lurker of the forum, first-time In 2025, I'll be vested in a pension that will pay around 34k/annually upon reaching 55. The short 5 year term on payoff would be enough motivation for us to stick with it. We figure to be able to put 800/month additional on the mortgage, kno...
by tampaite
Sat Oct 28, 2017 6:18 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire today?
Replies: 132
Views: 7643

Re: Can I retire today?

A screaming YES. With your assets and pension, you were ready yesterday.
Life is short, you may accumulate more if you work but then you may die sooner too.
Assess what you have today with full of gratitude and make choice.
by tampaite
Fri Oct 27, 2017 1:49 pm
Forum: Personal Consumer Issues
Topic: Limit on carrying physical cash during domestic US flights
Replies: 35
Views: 3323

Limit on carrying physical cash during domestic US flights

Is there a limit on taking cash on-board domestic US flights ? I understand taking millions may raise eye-brows but what about a smaller amount like $40k ? I heard about the customs rule but that only applies for international passengers flying into US. Would TSA stop you from boarding if you are ca...
by tampaite
Wed Oct 25, 2017 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Another 2 comma club member
Replies: 4
Views: 1164

Re: Another 2 comma club member

Congrats.

Looks like we have several new entrants into this club since Dow Jones zoomed past 23,000
by tampaite
Sun Oct 22, 2017 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Do you worry about linking external accounts?
Replies: 6
Views: 981

Re: Do you worry about linking external accounts?

The worry is that if any of the other account logins got compromised, the attacker would have the ability to pull funds from any of the linked accounts as well. Do I worry? Nope. Sign up for alerts for any debit of more than $100 so you can take action. It would be the same even if your account was...
by tampaite
Sun Oct 22, 2017 6:45 am
Forum: Personal Finance (Not Investing)
Topic: HRA vs HSA - Simulation
Replies: 3
Views: 505

Re: HRA vs HSA - Simulation

FiveK wrote:
Sat Oct 21, 2017 12:26 pm
The 'HDHP Analysis' tab in the Personal_finance_toolbox might be useful.
Thanks but the spreadsheet didn't go thro' the scenarios I had in mind. Looks like I might have to build my own spreadsheet.
by tampaite
Sat Oct 21, 2017 10:47 am
Forum: Personal Finance (Not Investing)
Topic: HRA vs HSA - Simulation
Replies: 3
Views: 505

HRA vs HSA - Simulation

we have open enrollment going on at work and it ends today so have to make a choice... Is there a website where I can plugin the HRA and HSA premium and deductibles and co-insurances and check on various simulations like: if we do 5 office visits a year and we pay $x in co-pay - which one is better?...
by tampaite
Wed Oct 11, 2017 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Mint - Issues with showing my account details
Replies: 15
Views: 1318

Re: Mint - Issues with showing my account details

It's you. Are you navigating away from the page while it updates? Don't even minimize it or open another tab. Just sit there and stare while it updates, or go pour a cup of coffee or something. In my experience, anything else will give you the error you've reported. If you've already been doing tha...
by tampaite
Wed Oct 11, 2017 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Mint - Issues with showing my account details
Replies: 15
Views: 1318

Re: Mint - Issues with showing my account details

I can't see any accounts and this is going on day-4 now.

Can someone login into their mint account and let me know if they can see their accounts? If so, then issue is likely with my browser setting or laptop.
by tampaite
Wed Oct 11, 2017 7:58 am
Forum: Personal Finance (Not Investing)
Topic: 2 Comma Club and Other Goals Reached!
Replies: 8
Views: 1828

Re: 2 Comma Club and Other Goals Reached!

SeaToTheBay wrote:
Tue Oct 10, 2017 12:03 pm

Wife and I hit the 2 comma club last Friday, and yesterday hit the half-million mark for $ (no real estate). Yes, RE is nearly half of our NW -
Congrats!
by tampaite
Wed Oct 11, 2017 7:54 am
Forum: Personal Finance (Not Investing)
Topic: What specific changes have you made post-Equifax?
Replies: 52
Views: 4146

Re: What specific changes have you made post-Equifax?

I have made none. if my details are floating in the dark-web then, potentially anyone can use that data during my lifetime. You have everything set-up in your desktop, which everyone does too - what if your PC is hacked or infected by ransomware? I've had issues with 2-factor authentication esp whem...
by tampaite
Mon Oct 09, 2017 9:29 am
Forum: Investing - Theory, News & General
Topic: I'm thinking about cashing completely out of equites....
Replies: 75
Views: 8314

Re: I'm thinking about cashing completely out of equites....

I'm 56 years old and I have all the money I will ever need based on my lifestyle (boring). With the market overdue for a correction does it ever make sense to completely liqudate ones exposure to risk. I'm currently at a 50/50 mix. Thoughts? If you have the money to sustain your lifestyle then you ...
by tampaite
Mon Oct 09, 2017 7:14 am
Forum: Investing - Help with Personal Investments
Topic: Third time in my 32 year career I have been laid off
Replies: 87
Views: 10251

Re: Third time in my 32 year career I have been laid off

FelixTheCat wrote:
Fri Oct 06, 2017 9:09 pm
Effective today I am laid off.

Emergency funds: 3 months of expenses
Size of the portfolio: 1.6 million not including real estate
Rental Home: 2,500 month rent
No debt, Single and monthly income of 2.5K and 1.6M in porfolio, you are ready to retire.
by tampaite
Mon Oct 09, 2017 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Does this make sense?
Replies: 4
Views: 757

Re: Does this make sense?

If someone has an auto loan for say something horrible like 8%. Lets say the balance is $20,000 Would it make sense to shove half of that on a 0% APR promotion credit card (CC checks received in mail) and pay that off over the next 18 months while still making payments on the remaining 10k of the a...
by tampaite
Mon Oct 09, 2017 6:51 am
Forum: Personal Finance (Not Investing)
Topic: Mint - Issues with showing my account details
Replies: 15
Views: 1318

Mint - Issues with showing my account details

Migrated all my accounts from Yodlee to Mint last week and ever since am getting the below message. Uh-oh. Something went wrong. Refreshing may solve the issue. Very disappointed with Mint experience so far. Is this an issue with Mint or my browser(tried multiple but same issue)? Thinking of re-crea...
by tampaite
Thu Oct 05, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: How much worth house should one buy?
Replies: 73
Views: 4344

Re: How much worth house should one buy?

Many folks assume that their jobs are stable. Then, the world changed on them. Please noted that 20 to 30 years ago, US Telecom industry was one of the most stable industry with very good job security. Good point. However, the decision belongs to OP maybe, the industry they are in still has legs to...