Search found 624 matches

by LiterallyIronic
Fri May 25, 2018 9:28 am
Forum: Investing - Theory, News & General
Topic: Renting vs Owning Your Home
Replies: 76
Views: 5186

Re: Renting vs Owning Your Home

Do a ton of people really rent horrible little apartments/homes that they don't really want to live in? That seems very counter-intuitive. I don't know about a ton of people, but we certainly did. Rented a poorly insulated and poorly lit basement with no kitchen for $400/month. It wasn't counter-in...
by LiterallyIronic
Thu May 24, 2018 12:18 pm
Forum: Personal Consumer Issues
Topic: Decision points on new Iphone
Replies: 19
Views: 989

Re: Decision points on new Iphone

I've yet to have anyone give me a specific, concrete example of what any newer iPhone buys me beyond what my 4S gives me. Get off my lawn. I have a phone of the same age - the LG MyTouch Q that I bought in January 2012. I've been thinking about replacing it, because of these specific, concrete item...
by LiterallyIronic
Thu May 24, 2018 9:42 am
Forum: Personal Finance (Not Investing)
Topic: What’s your phone/internet bill?
Replies: 92
Views: 5667

Re: What’s your phone/internet bill?

Internet is free Google Fiber (5Mbps). Phone is two T-Mobile lines of unlimited talk, unlimited text, unlimited data (throttled after 2.5GB) for $41 after taxes and fees. No TV service, but we have Netflix for $8.54/month after tax. How is google fiber? It hasn't arrived in Los Angeles or Orange Co...
by LiterallyIronic
Thu May 24, 2018 9:37 am
Forum: Investing - Theory, News & General
Topic: Renting vs Owning Your Home
Replies: 76
Views: 5186

Re: Renting vs Owning Your Home

KlangFool wrote:
Thu May 24, 2018 7:35 am
Why justifying purchasing a house that you would never rent?
Because I'm willing to rent (and temporarily live in) a slum, but I wouldn't want to buy it. It's not buying a house that I'd never rent, it's renting a house that I'd never buy.
by LiterallyIronic
Wed May 23, 2018 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Parents with pre-K kids and 529 target
Replies: 50
Views: 2689

Re: Parents with pre-K kids and 529 target

NextMil wrote:
Wed May 23, 2018 8:44 am
Do you have a target for your 529 by a certain age?
Our kid is 1. The target is $10,000 by age 18. Like you, I'm not sure if 529 is the way to go, but I'm leaning towards it.
by LiterallyIronic
Wed May 23, 2018 3:09 pm
Forum: Personal Consumer Issues
Topic: How have you upgraded your wardrobe?
Replies: 104
Views: 5419

Re: How have you upgraded your wardrobe?

Where are all these jobs that let you wear jeans? :confused I would love to wear my Wal-Mart Wranglers all day everyday. (I even sleep in them occasionally.) Apparently I missed the Life mini-lotto... Software development. All this talk of suits and "wear what your boss's boss wears" makes me laugh...
by LiterallyIronic
Wed May 23, 2018 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Three steps forward, two back with saving
Replies: 26
Views: 3156

Re: Three steps forward, two back with saving

I ran into this same problem. In early 2017 we had a baby. In late 2017 we bought a house. Yeah, I was putting 23% of my gross income into retirement and also paying an extra $250/month toward principal, but I couldn't get anywhere on the "short-term savings." Had to buy a lawn mower one month. Had ...
by LiterallyIronic
Wed May 23, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Need help with debt strategy
Replies: 47
Views: 2325

Re: Need help with debt strategy

So this next part will contradict my above comments: Pay off the one smallest account (possibly not the 0% account for now) so that you'll have one account you can charge for ONGOING expenses ==> that will be PAID OFF when the bill arrives. No more "charging so you can delay paying", or you'll be b...
by LiterallyIronic
Tue May 22, 2018 11:16 am
Forum: Personal Consumer Issues
Topic: How have you upgraded your wardrobe?
Replies: 104
Views: 5419

Re: How have you upgraded your wardrobe?

Where are all these jobs that let you wear jeans? :confused I would love to wear my Wal-Mart Wranglers all day everyday. (I even sleep in them occasionally.) Apparently I missed the Life mini-lotto... Software development. All this talk of suits and "wear what your boss's boss wears" makes me laugh...
by LiterallyIronic
Mon May 21, 2018 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: What’s your phone/internet bill?
Replies: 92
Views: 5667

Re: What’s your phone/internet bill?

Internet is free Google Fiber (5Mbps). Phone is two T-Mobile lines of unlimited talk, unlimited text, unlimited data (throttled after 2.5GB) for $41 after taxes and fees. No TV service, but we have Netflix for $8.54/month after tax.
by LiterallyIronic
Mon May 21, 2018 10:02 am
Forum: Personal Consumer Issues
Topic: Older iPhone text msgs disappear
Replies: 25
Views: 1093

Re: Older iPhone text msgs disappear

My BlackBerry finally died, and DH has been encouraging me to "try an iPhone" and move into the modern era, etc. (I *liked* the BB keyboard. A lot.) I hear you on that. I'm still holding onto my LG MyTouch Q because it has a physical keyboard. I tried a Blackberry Priv, but the keyboard comes out o...
by LiterallyIronic
Sun May 20, 2018 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Buying a Home, Seeking Advice
Replies: 16
Views: 1179

Re: Considering Buying a Home, Seeking Advice

So if you were me, what would you do? It seems like a good deal honestly. I'm of the FIRE mindset and hoping to retire in 20 years or less If I had been working only 8 month, but had already decided that I wanted to retire in 20 years or less, I'd continue to live with my parents and invest 95% of ...
by LiterallyIronic
Fri May 18, 2018 10:08 am
Forum: Personal Consumer Issues
Topic: Buy now and wait one more year to move in?
Replies: 17
Views: 1979

Re: Buy now and wait one more year to move in?

Since we plan on moving into it in one year, will lenders still give us a mortgage as if it were a primary residence? No, they will not. We were required to move into our house within 30 days of closing in order to qualify for the primary residence mortgage rate. To say it will be your primary resi...
by LiterallyIronic
Fri May 18, 2018 9:59 am
Forum: Investing - Theory, News & General
Topic: Bank Interest Rates — when will they go up?
Replies: 25
Views: 2801

Re: Bank Interest Rates — when will they go up?

If you bank at Wells Fargo, US Bank, Chase, CitiBank, or Bank of America and expect them to raise their interest rates on deposits, you're delusional. :D https://www.valuepenguin.com/average-savings-account-interest-rates Wells Fargo = 0.01% (0.05% if you have $100,000+) US Bank = 0.01% Chase = 0.0...
by LiterallyIronic
Thu May 17, 2018 3:59 pm
Forum: Personal Consumer Issues
Topic: College Textbooks
Replies: 13
Views: 715

Re: College Textbooks

Having just graduated, I would echo the sentiment of waiting until the first day of class to see what books (if any) are really required. Check amazon.com, half.com, abebooks.com, and valorebooks.com to find the cheapest price. International books are usually much cheaper but practically impossible ...
by LiterallyIronic
Thu May 17, 2018 11:16 am
Forum: Personal Consumer Issues
Topic: Speed need for downloading Netflix etc
Replies: 2
Views: 227

Re: Speed need for downloading Netflix etc

We use Netflix just fine at 5Mbps. It's not satellite, though.
by LiterallyIronic
Tue May 15, 2018 1:59 pm
Forum: Personal Consumer Issues
Topic: Interesting/Playful ideas for 1 year baby
Replies: 37
Views: 1521

Re: Interesting/Playful ideas for 1 year baby

Hi Bogleheads, We generally don't provide any mobile devices or play TV for baby , so seeking advice on interesting, playful activities for 1 year baby. Currently in the evening baby plays with toys, we play with the baby, we read books(she likes listening and turning pages of books), and we take b...
by LiterallyIronic
Tue May 15, 2018 1:36 pm
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 31009

Re: KF's simple rules to achieve FI [Financial Independence]

1) A hypothetical Manhattan resident making $100k has an upper middle class income--period. Certainly they aren't rich though (see below). Perhaps in their zip code they are not in that top 25% in income, but their zip code amounts to about 10 city blocks. They've simply chosen to spend most of the...
by LiterallyIronic
Tue May 15, 2018 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Can a <median household save 1 year of expenses every year?
Replies: 158
Views: 7573

Re: Can a <median household save 1 year of expenses every year?

We're relatively close to saving one year of retirement expenses (i.e., not including the mortgage) every year. Household income is $63,500 for a family of three. Monthly expenses, including the mortgage and a mortgage principal prepayment of $250/month are in the vicinity of $2,500. Take out the $7...
by LiterallyIronic
Mon May 14, 2018 11:32 am
Forum: Personal Finance (Not Investing)
Topic: When is the right time to buy a house?
Replies: 28
Views: 1765

Re: When is the right time to buy a house?

Everyone says not to waste money on rent. Personally, I just waited so long because I haven't done any research on home buying. I would not worry about "wasting" money on rent. The money is not wasted. You are getting a service (shelter) in return for your money. If you buy a house, you will "waste...
by LiterallyIronic
Mon May 14, 2018 9:15 am
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 127
Views: 9032

Re: The front page is ugly

No, it's perfect. Like Reddit (before the horrible redesign they're trying to push), it's just simple text. That makes bogleheads.org and reddit.com the only two websites that will load on my phone. And it's super easy to find stuff when using the site on desktop, too.
by LiterallyIronic
Mon May 14, 2018 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage question: 20% down or larger down payment?
Replies: 47
Views: 4650

Re: Mortgage question: 20% down or larger down payment?

I wanted to know if there was any advantage to a larger down payment vs 20%? When we were getting our mortgage last year, there was a lower interest for people with 20% down than people with less than that. And yet a lower interest rate for people with 25% down. There was not a lower tier interest ...
by LiterallyIronic
Sun May 13, 2018 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on building a timeless mens wardrobe?
Replies: 65
Views: 4745

Re: Advice on building a timeless mens wardrobe?

Nothing is as timeless and as versatile as a black a-line skirt. Can be used formally or casually. Not great in the Winter, though.
by LiterallyIronic
Tue May 08, 2018 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Will a Roth 401k give you more money in retirement?
Replies: 16
Views: 1176

Re: Will a Roth 401k give you more money in retirement?

If you have $100 to invest and you're taxed 20% now and in the future, and the investments grow 10%, you end up with these numbers. Traditional Gross: $100 -Taxes (20%): $20 = $80 to invest After 10% growth, you have $88. Roth Gross: $100 After 10% growth, you have $110 - Taxes (20%): $22 = $110 - $...
by LiterallyIronic
Tue May 08, 2018 10:34 am
Forum: Personal Consumer Issues
Topic: Do we spend too much on food?
Replies: 71
Views: 5994

Re: Do we spend too much on food?

My wife and I periodically argue about how much we are spending on food since I am the one who handles the budget and she is the one that does the grocery shopping. We are a family of four in the Seattle area where prices are higher than average and sales tax is 10%. She loves to cook and entertain...
by LiterallyIronic
Mon May 07, 2018 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: How are we doing?
Replies: 13
Views: 1735

Re: How are we doing?

Bump.

Welcome to the forum! I don't have time at the moment to assess the situation and provide advice, but I'm commenting to bump this to the top of the list and maybe someone can get some eyes on it.
by LiterallyIronic
Fri May 04, 2018 10:27 am
Forum: Personal Finance (Not Investing)
Topic: How old is too old for a vehicle, even for a well running one ?
Replies: 83
Views: 4940

Re: How old is too old for a vehicle, even for a well running one ?

alfaspider wrote:
Fri May 04, 2018 10:23 am
$1,000 for a Catalytic converter on a 2001 Corolla is highway robbery. Buy the part for $160 on Rock Auto ($260 if you need it to be California compliant). Bring it to an exhaust shop to install. They shouldn't charge you more than $100 or so.
Thanks! I have saved this information. :D
by LiterallyIronic
Fri May 04, 2018 10:13 am
Forum: Personal Finance (Not Investing)
Topic: How old is too old for a vehicle, even for a well running one ?
Replies: 83
Views: 4940

Re: How old is too old for a vehicle, even for a well running one ?

My 3 current cars =============== 1999 Camry 1999 odsyssey 2000 maxima all with ovr 225K miles, one with 255K extended family:- 1990 Eagle Talon Turbo (don't know the mileage) Just slapped "antique" plate on it! There is no limit if you are willing to keep them and the metal is not corroded. I’m st...
by LiterallyIronic
Fri May 04, 2018 9:47 am
Forum: Personal Consumer Issues
Topic: Warning: avoid Windows 10 update 1803
Replies: 91
Views: 9018

Re: Warning: avoid Windows 10 update 1803

Everyone at work who ran the update can no longer use Photoshop. Images won't save and, if the resolution is too high, they won't even open. It's quite brazen of them to force these major upgrades down our throats. I understand the occasional stability fix and security patch, but the involuntary so...
by LiterallyIronic
Fri May 04, 2018 9:20 am
Forum: Personal Consumer Issues
Topic: Warning: avoid Windows 10 update 1803
Replies: 91
Views: 9018

Re: Warning: avoid Windows 10 update 1803

Everyone at work who ran the update can no longer use Photoshop. Images won't save and, if the resolution is too high, they won't even open.
by LiterallyIronic
Thu May 03, 2018 11:11 pm
Forum: Personal Finance (Not Investing)
Topic: How old is too old for a vehicle, even for a well running one ?
Replies: 83
Views: 4940

Re: How old is too old for a vehicle, even for a well running one ?

I don't know if there is a "too old." Both our cars are 17 (one with 172,000 miles and one with 194,000 miles) and the thought of replacing them isn't anywhere near our radar. To me, it feels like any car from 1999 or older is "old" and 2000 or newer is "new."
by LiterallyIronic
Thu May 03, 2018 3:37 pm
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 31009

Re: KF's simple rules to achieve FI [Financial Independence]

Yeah, yyou've got to be rich in order to max out retirement accounts. I mean, I'd love for someone to show me how my wife and I can max my 401k and one Roth IRA, let alone two, on my income of $63,500. And that hypothetical person isn't saving $9k per year - they're saving $18.5 in their 401k, $5.5...
by LiterallyIronic
Thu May 03, 2018 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: advice about mortgage options
Replies: 14
Views: 776

Re: advice about mortgage options

As mentioned above, liquidity vs cost is the real tradeoff. Think about what stage of life you are in, foreseeable life changes within the next 15 years, and projected future income. We chose the 15 year route. One of our goals is to be totally debt free, including the house. The 15 year loan gets ...
by LiterallyIronic
Thu May 03, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Budget for kid's sport?
Replies: 49
Views: 2257

Re: Budget for kid's sport?

Ice Hockey twice per week (it's the cheapest sport available), Basketball once per week (son enjoys it), Taekwondo twice per week (coach is doing phenomenal job in teaching self discipline, maturing etc) and Chess twice per week (son loves it somehow). That's seven things per week. How does this ki...
by LiterallyIronic
Thu May 03, 2018 9:19 am
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 31009

Re: KF's simple rules to achieve FI [Financial Independence]

1) A hypothetical Manhattan resident making $100k has an upper middle class income--period. Certainly they aren't rich though (see below). Perhaps in their zip code they are not in that top 25% in income, but their zip code amounts to about 10 city blocks. They've simply chosen to spend most of the...
by LiterallyIronic
Thu May 03, 2018 9:15 am
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 110
Views: 7925

Re: Bucket List Adventures/Activities

I'd like to do a trip to Europe before I die. I'd want to see the Eiffel Tower, the Leaning Tower of Pisa, the Colosseum, and Stonehenge (at a minimum). Grand Canyon and Old Faithful are the things in the US that I want to see.
by LiterallyIronic
Thu May 03, 2018 9:06 am
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 31009

Re: KF's simple rules to achieve FI [Financial Independence]

1) A hypothetical Manhattan resident making $100k has an upper middle class income--period. Certainly they aren't rich though (see below). Perhaps in their zip code they are not in that top 25% in income, but their zip code amounts to about 10 city blocks. They've simply chosen to spend most of the...
by LiterallyIronic
Wed May 02, 2018 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: How do you know when you have "won the game"?
Replies: 142
Views: 15287

Re: How do you know when you have "won the game"?

indexonlyplease wrote:
Wed May 02, 2018 3:46 pm
What is wrong with the stimulation you get from a job you enjoy.
Hahaha, a job you enjoy! LOL, good one!
by LiterallyIronic
Wed May 02, 2018 9:54 am
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 31009

Re: KF's simple rules to achieve FI [Financial Independence]

... Rule #1 Save 1 year of your current annual expense every year. Then, you could be FI in about 25 years even with 0% real growth. ... This is why Mustachian folks laugh at over-conservatism of Bogleheads folks. Note: not having job security is not the same thing as not having any human capital. ...
by LiterallyIronic
Wed May 02, 2018 9:14 am
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 31009

Re: KF's simple rules to achieve FI [Financial Independence]

... Rule #1 Save 1 year of your current annual expense every year. Then, you could be FI in about 25 years even with 0% real growth. ... This is why Mustachian folks laugh at over-conservatism of Bogleheads folks. Note: not having job security is not the same thing as not having any human capital. ...
by LiterallyIronic
Tue May 01, 2018 5:11 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Budget
Replies: 9
Views: 702

Re: Help with Budget

Hello, I would like some help with finding ways to save additional money from our budget to help with a down payment on our next house. Thank you for your advice. cell 75 car insurance 133 internet 78 food/toiletries 560 baby stuff 25 haircuts 20 gifts/Christmas 120 car maint/regis 450 home maint 7...
by LiterallyIronic
Tue May 01, 2018 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: How do you know when you have "won the game"?
Replies: 142
Views: 15287

Re: How do you know when you have "won the game"?

Well it's like this. Never grab a hot pan out of a 400 degree oven unless you like to burn yourself. I'm sure there is some odd duck out there who enjoys 3rd degree burns. But the oddities aside I would NEVER suggest it. Was that enough to satisfy your curiosity? No. It seems very myopic to presume...
by LiterallyIronic
Tue May 01, 2018 2:06 pm
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 31009

Re: KF's simple rules to achieve FI [Financial Independence]

How does one get housing expenses (PMI+taxes+maintenance+insurance+association fee etc) to be only $20K with $450K house? $1667 per month takes care of it all? wrongfunds, 1) It is not a 450K house. It is around 400K. 2) My PITI is around $1,800 per month. KlangFool But that's a lot closer to $22k ...