Search found 68 matches

by blackjack4808
Sun May 08, 2016 6:34 pm
Forum: Personal Consumer Issues
Topic: Best Buy Card 0% financing
Replies: 5
Views: 905

Best Buy Card 0% financing

We have a best buy card and it has 0% financing for 3 years.
We need new kitchen appliances, Is it worth putting it on the card and use that money for other things?
by blackjack4808
Sun Mar 13, 2016 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you spend on groceries?
Replies: 134
Views: 16404

Re: How much do you spend on groceries?

We spend 800 a month
by blackjack4808
Thu Mar 10, 2016 3:02 pm
Forum: Personal Investments
Topic: Reducing savings
Replies: 5
Views: 988

Re: Reducing savings

Only a roth IRA not traditional.
NO 401k match
by blackjack4808
Thu Mar 10, 2016 11:37 am
Forum: Personal Investments
Topic: Reducing savings
Replies: 5
Views: 988

Reducing savings

If i have to reduce savings which should be the better choice?
I gross 85k give or take, wife makes 55k gross
im maxing out both my TRAD. 401k and ROTH IRA...

If i need to reduce one would it be best to lower the amount gong into my TRAD 401k or ROTH IRA?
by blackjack4808
Fri Jan 15, 2016 2:39 pm
Forum: Investing - Theory, News & General
Topic: Anyone shifting their AA?
Replies: 91
Views: 9600

Re: Anyone shifting their AA?

my roth IRA is 100% VTSAX;
I sleep well.
:moneybag
by blackjack4808
Thu Jan 14, 2016 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Does a BH play the lottery?
Replies: 78
Views: 9282

Re: Does a BH play the lottery?

A friend told me it's $2 who cares i only play 1-2 a year when it gets big

If you invest $2 a year (which I'm sure most people who play the lottery spend 100x that amount in a year )
$2 a year over 40 = almost $2,000 if you get 12%

btw 60 years would be $18,000
by blackjack4808
Fri Jan 08, 2016 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: How has your Salary performed against inflation?
Replies: 59
Views: 7972

Re: How has your Salary performed against inflation?

Thank you for the math; works for me!
by blackjack4808
Fri Jan 08, 2016 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: How has your Salary performed against inflation?
Replies: 59
Views: 7972

Re: How has your Salary performed against inflation?

Here is our hourly wage schedule; Im not good at numbers, does this keep up with inflation?

8/1/15: 34.40
8/1/16: 34.80
2/1/17: 35.20
8/1/17: 35.70
2/1/18: 36.20
by blackjack4808
Wed Jan 06, 2016 8:53 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money? [High-end home theater]

Monitor Audio speakers and rythmik are suppose to be very high quality at a decent price...
by blackjack4808
Tue Jan 05, 2016 10:16 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money? [High-end home theater]

Well, I did say that all of those things are of questionable value for the money. :D But even many Bogleheads seem not to have a problem with most of the items listed above, if done in moderation and within one's means. After all, what is the point of accumulating money if you are never going to sp...
by blackjack4808
Tue Jan 05, 2016 9:36 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1551
Views: 164247

Re: Netflix, Your Current Favorite Show

Daredevil, Making a murderer, Cosmos, house of cards, NACROS
(not netflix) but Fargo is really good; i watched it on Hulu
by blackjack4808
Tue Jan 05, 2016 6:55 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money? [High-end home theater]

I see nothing wrong with an occasional indulgence if it's something that will give you lasting enjoyment, assuming you can comfortably afford it. I paid around $8k for a relatively high-end system (2-channel audio only) and have been enjoying it for 15+ years. I expect that I will continue to do so...
by blackjack4808
Tue Jan 05, 2016 6:33 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money? [High-end home theater]

I listen to mostly classical, jazz, blues, classic rock, here is a sample of what I like https://www.youtube.com/watch?v=ftm9ETvZVXU We spent about $5-$6k on all the equipment outside of the TV. (Speakers, receiver, power conditioner, etc.) It's a very nice system that will last us a LONG time. We p...
by blackjack4808
Mon Jan 04, 2016 10:03 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money? [High-end home theater]

20-30k for combined yearly retirement contributions is a bit low (for this website) I guess it's a bit low because wife and I will get very nice sized pensions when retiring (both have good Union jobs) but I guess we should NOT rely on that. In fact most my co workers only put in around 5% in there...
by blackjack4808
Mon Jan 04, 2016 9:59 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money? [High-end home theater]

thanx Toons:

Yes I can afford it. But I'm cutting that amount in half and going to only buy when I find a good deal on used equipment = ]
by blackjack4808
Mon Jan 04, 2016 8:13 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money? [High-end home theater]

I have FLAC files on my computer ;

thanks lady geek you seem to know your AUDIO !
by blackjack4808
Mon Jan 04, 2016 7:31 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

BTW: i need to spend more time here and less time on audio / video blogs/ forums = ] thats a reason i got the budget up that high :oops:

I guess i was hoping more people would be like sure you make enough money go ahead and buy it!
by blackjack4808
Mon Jan 04, 2016 7:28 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

^ I understand.. Im not as frugal as my wife so I would be open to her wanting to buy an expensive item..
by blackjack4808
Mon Jan 04, 2016 7:24 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

This thread has helped me and answered everything I need... Save more and reduce amount of speakers ( but still buy something i enjoy)
:sharebeer
by blackjack4808
Mon Jan 04, 2016 7:22 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

^ that's probably exactly what I'm shooting for, thats really nice.

I'm probably more interested in expensive speakers for mainly 2 channel audio and less subs/ TV;
We listen to music 90% of the time and usually 2-6hrs a day;
by blackjack4808
Mon Jan 04, 2016 7:19 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

For me it's a waste of money to spend more than a few thousand on a car.. By far a greater waste than speakers..

Although some would consider living in more than 500q ft home to be a waste of money and resources.; guess depends how far you want to go.
by blackjack4808
Mon Jan 04, 2016 7:12 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

Hmmmm... You think *her* choice of an "extra" is "a waste of money"?

That is very telling.
I was referring to the poster about buying a diamond necklace is a waste of money and my wife would agree;
saving is not a waste of money
by blackjack4808
Mon Jan 04, 2016 7:09 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

I'm planning on maxing out all retirement funds for 2016 anyways; Whatever extra money I have saved at the end of year will be used for equipment,
by blackjack4808
Mon Jan 04, 2016 7:00 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

Im doing my best I can. Definitely learned a lot but having good speakers is awesome = ]
by blackjack4808
Mon Jan 04, 2016 6:03 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

^ you make some really good points. DYI speakers would be a huge savings and a great sounding system, im sure the mark up is huge I have reduced the amount i plan to spend but i'll still end up spending way more than people here would recommend but im trying to get it as low as possible and shop aro...
by blackjack4808
Mon Jan 04, 2016 4:43 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

Back in the 1960's, when my first job out of college paid me $147/week (which was actually good for those days), I recall spending about $600 on a stereo system (speakers, turntable, amplifier/tuner). That was about FOUR weeks' gross income (before taxes). Using the same math I gross around 1600-23...
by blackjack4808
Mon Jan 04, 2016 4:37 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

my wife is a very frugal person so that wouldn't happen but i personally think its a waste of money Overall I'm a somewhat frugal person I never really buy anything or have any hobbies (all my hobbies are cheap anyways); Have a beater car! I did get the hint here and 14k is probably indeed WAY to mu...
by blackjack4808
Mon Jan 04, 2016 4:24 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

I did manage to get a nice VIZIO 4k at a good price so that helped a lot Regardless, I would NEVER consider making an elective purchase that equated to 50-75% of my annual retirement savings. But it is a One time purchase that'll last me at least 15-20 (speakers would probably last forever where has...
by blackjack4808
Mon Jan 04, 2016 2:11 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

Thanks everyone so many great replies and this really has helped me
by blackjack4808
Mon Jan 04, 2016 1:47 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

I like to travel but we won't have the time in the next 5 years...right now were putting in around $3000 a year into our vacation savings fund. so in 5 years we should have at least 10k for vacations (if were using a little bit of that 3000 each year for local trips) My wife would enjoy the speakers...
by blackjack4808
Mon Jan 04, 2016 1:44 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

We never really had a budget until recently he always just bought whatever we wanted; and we never really had any savings / retirement funds until the last 1-2 years; we have a vacation fund savings account but we won't be going on vacation due newborn and another on the way; were planning on major ...
by blackjack4808
Mon Jan 04, 2016 1:23 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

We won't be spending anything on a vacation(except little trips costing a few hundred at most) for at least 5 years
by blackjack4808
Mon Jan 04, 2016 1:13 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?


20-30k for combined yearly retirement contributions is a bit low (for this website)

Slowly working up savings want to be at 30%( GROSS ) which would be around 30-45k a year
by blackjack4808
Mon Jan 04, 2016 1:07 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

Could you justify spending 3k/yr on vacations for the next 10 years? That would cost 2x as much as buying these speakers (should last forever, projectors and the rest not so much). Everyone has to pick where they want to spend their money to maximize there happiness. Some people get a ton of pleasu...
by blackjack4808
Mon Jan 04, 2016 12:37 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

I knew this forum would help me = ]
by blackjack4808
Mon Jan 04, 2016 12:37 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

14k would be the height, I'm probably closer to 10k and even lower if i find the stuff I want used... we put around 20-30k in retirement funds (401k, 403b, ira,) / 529 I probably agree with most of you and say it's probably to much of money; i'll probably try to cut that number in half and try to on...
by blackjack4808
Mon Jan 04, 2016 12:18 pm
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Re: Waste of money?

Thanks everyone this is why I like this forum
by blackjack4808
Mon Jan 04, 2016 11:09 am
Forum: Personal Consumer Issues
Topic: Waste of money? [High-end home theater]
Replies: 151
Views: 14598

Waste of money? [High-end home theater]

I want to spend 14k for speakers / home theater stuff , wife thinks I have gone mad
Justified ?
Gross income 100-150k year , no debt except mortgage , have emergency fund,
by blackjack4808
Sun Jan 03, 2016 11:58 am
Forum: Personal Investments
Topic: How is my companies 401k?
Replies: 28
Views: 2586

Re: How is my companies 401k?

Thanks for the advice thats what I'm planning on doing
my 401k allows me to contribute to both Traditional and ROTH.

This is going to be the first year I'm going to try and max out both my 401k and IRA
by blackjack4808
Sun Jan 03, 2016 11:30 am
Forum: Personal Investments
Topic: How is my companies 401k?
Replies: 28
Views: 2586

Re: How is my companies 401k?

I get Zero match (company gives good sized pension) I'm 31 years old

I Gross around 90k Wife grosses around 53k but right now she's taking a year off work

I can retire at 57 and get my pension
by blackjack4808
Sun Jan 03, 2016 10:40 am
Forum: Personal Investments
Topic: How is my companies 401k?
Replies: 28
Views: 2586

Re: How is my companies 401k?

Based on this and that I have a roth IRA via vanguard;
Would you suggest i max out my Trad. 401k before I contribute anything to my roth IRA?
by blackjack4808
Sat Jan 02, 2016 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Savings % Target 2016?
Replies: 168
Views: 15176

Re: Savings % Target 2016?

20-30% GROSS
by blackjack4808
Fri Dec 25, 2015 8:39 am
Forum: Personal Investments
Topic: How is my companies 401k?
Replies: 28
Views: 2586

Re: How is my companies 401k?

My highest fund I have found is the International fund

Investment Fee 5 bps

Custody Fee 0.28
Redemption Fee* 2.00%


Gross Expense Ratio; 0.04%
Net expense Ratio ; 0.04%

Im guessing this is still low?
by blackjack4808
Sun Dec 20, 2015 8:46 pm
Forum: Personal Investments
Topic: How is my companies 401k?
Replies: 28
Views: 2586

Re: How is my companies 401k?

Thanks for that thats reassuring; i hope to come close to maxing it out each year.
by blackjack4808
Sun Dec 20, 2015 7:53 am
Forum: Personal Investments
Topic: How is my companies 401k?
Replies: 28
Views: 2586

Re: How is my companies 401k?

under S&p 500

**Gross expense per $1,000 = $0.10

Gross Expense Ratio 0.01%
NET Expense Ratio 0.01%
by blackjack4808
Sat Dec 19, 2015 7:51 pm
Forum: Personal Investments
Topic: How is my companies 401k?
Replies: 28
Views: 2586

Re: How is my companies 401k?

under my S&P 500 it has investment fee 1 bps

Custody FEE 0.28 bps
by blackjack4808
Sat Dec 19, 2015 7:19 pm
Forum: Personal Investments
Topic: How is my companies 401k?
Replies: 28
Views: 2586

Re: How is my companies 401k?

i work for UPS, someone now just told me ups has a lot of bargaining power with prudential and they get them at low fees, I'm not sure?
by blackjack4808
Sat Dec 19, 2015 6:29 pm
Forum: Personal Investments
Topic: How is my companies 401k?
Replies: 28
Views: 2586

Re: How is my companies 401k?

No matching at all.

I don't know thats why I'm asking i'll try to ask some people i work with about it
by blackjack4808
Sat Dec 19, 2015 11:08 am
Forum: Personal Investments
Topic: How is my companies 401k?
Replies: 28
Views: 2586

How is my companies 401k?

Sorry But i just don't know much about this here is a snap shot as of recently Bond Market Index Fund 3.00 bps 2.50 bps Balanced Fund 5.00 bps 4.25 bps S&P 500® Equity Index Fund 1.00 bps 0.75 bps S&P Midcap 400 Equity Index Fund 2.00 bps 1.50 bps Russell 2000 Index Fund 3.00 bps 2.50 bps U.S. REIT ...