Search found 9401 matches

by KlangFool
Sat Aug 18, 2018 1:55 pm
Forum: Personal Consumer Issues
Topic: Fitness band with excellent Android syncing?
Replies: 16
Views: 414

Re: Fitness band with excellent Android syncing?

I have had the Fitbit zip for a few years prior to the Ionic and if you only want the steps and distance... It will probably only last 15 months or so (my experience with three). Youngblood, I have a Fitbit Alta HR and a Fitbit Zip. I do not use my Fitbit regularly. It had lasted more than 2 years....
by KlangFool
Sat Aug 18, 2018 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: PITI 20% to 30% lower than renting
Replies: 31
Views: 1528

Re: PITI 20% to 30% lower than renting

foo.c wrote:
Sat Aug 18, 2018 12:26 pm
What do you do if rents and PITI move in tandem for the rest of your life?
Don't buy. I won't mind renting forever.

KlangFool
by KlangFool
Sat Aug 18, 2018 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: PITI 20% to 30% lower than renting
Replies: 31
Views: 1528

Re: PITI 20% to 30% lower than renting

Folks, As I had said before, there are at least 2 kinds of shopper out there: A) Those who buy X'mas decoration before X'mas B) Those who buy X'mas decoration after X'mas. I am willing to settle for renting forever. It is not a problem for me. I will only buy when the numbers work out for me. And, i...
by KlangFool
Sat Aug 18, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: PITI 20% to 30% lower than renting
Replies: 31
Views: 1528

Re: PITI 20% to 30% lower than renting

How often does this actually happen? I suspect it would have only worked in 2008-2009 in my area and maybe not even then. Real estate and rental markets are very localized. There are some that really favor owning and others that favor renting. Here is a real question. Given KlangFools numbers, how ...
by KlangFool
Sat Aug 18, 2018 10:40 am
Forum: Personal Finance (Not Investing)
Topic: PITI 20% to 30% lower than renting
Replies: 31
Views: 1528

Re: PITI 20% to 30% lower than renting

I think it's really interesting (and demonstrates a lot of your bias) how you decided to include opportunity cost for the principal that could've been in the stock market and then also include HOA and other home ownership expenses, but did not include accumulated principal as part of PITI. Yes, I a...
by KlangFool
Sat Aug 18, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: PITI 20% to 30% lower than renting
Replies: 31
Views: 1528

Re: PITI 20% to 30% lower than renting

Working the math backward using todays average 30year APR of 4.41, shows that you assumed a property tax rate below 0.5% to get 1800 PITI. Thats very low, by tax foundation data there are only about 10 states where the tax is that low. If you assume flat future home values in that market, then you ...
by KlangFool
Sat Aug 18, 2018 10:22 am
Forum: Personal Consumer Issues
Topic: Fitness band with excellent Android syncing?
Replies: 16
Views: 414

Re: Fitness band with excellent Android syncing?

The first, second, and third most important requirements are that it sync with Android. Reliably, easily, quickly, no problems, no fussing, every time, all the time. And with no pickiness about the precise phone brand or Android version (but FYI my phone is a Samsung running 6.0.1). Other desiderat...
by KlangFool
Sat Aug 18, 2018 9:47 am
Forum: Personal Consumer Issues
Topic: Fitness band with excellent Android syncing?
Replies: 16
Views: 414

Re: Fitness band with excellent Android syncing?

The first, second, and third most important requirements are that it sync with Android. Reliably, easily, quickly, no problems, no fussing, every time, all the time. And with no pickiness about the precise phone brand or Android version (but FYI my phone is a Samsung running 6.0.1). Other desiderat...
by KlangFool
Sat Aug 18, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: PITI 20% to 30% lower than renting
Replies: 31
Views: 1528

Re: PITI 20% to 30% lower than renting

How often does this actually happen? I suspect it would have only worked in 2008-2009 in my area and maybe not even then. Real estate and rental markets are very localized. There are some that really favor owning and others that favor renting. Here is a real question. Given KlangFools numbers, how ...
by KlangFool
Sat Aug 18, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: PITI 20% to 30% lower than renting
Replies: 31
Views: 1528

Re: PITI 20% to 30% lower than renting

Folks, Normal people buy X'mas decoration before X'mas. Then, folks like me only buy X'mas decoration after X'mas at 50% to 75% discount. Without normal people paying full price, folks like me would not be able to get X'mas decoration at a great discount. But, for normal people, it is worth their mo...
by KlangFool
Sat Aug 18, 2018 6:45 am
Forum: Personal Consumer Issues
Topic: Reckless driving ticket in VA-Help!
Replies: 35
Views: 2685

Re: Reckless driving ticket in VA-Help!

I have to say I find it funny so many of these posts and stories mention well known speed traps, going to the office, and even avoiding the area. If these speed traps are so well known, why are you, or relatives getting tickets there and why avoid the area?? :confused :wink: In my case, I was new t...
by KlangFool
Fri Aug 17, 2018 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: PITI 20% to 30% lower than renting
Replies: 31
Views: 1528

Re: PITI 20% to 30% lower than renting

How often does this actually happen? I suspect it would have only worked in 2008-2009 in my area and maybe not even then. foo.c, <<How often does this actually happen?>> 1) I bought a house within my rules a few years ago. 2) It is very simple for me. I know the price that I am willing to pay. If t...
by KlangFool
Fri Aug 17, 2018 5:58 pm
Forum: Personal Consumer Issues
Topic: Reckless driving ticket in VA-Help!
Replies: 35
Views: 2685

Re: Reckless driving ticket in VA-Help!

Today morning while going to office I got a speeding ticket (46) on speed limit of 25. Speed limit suddenly changes at that place and I was in previous speed flow. "Suddenly changes", huh? No speed change ahead signs to warn of the new speed limit or anything? I don't know how roads and signs work ...
by KlangFool
Fri Aug 17, 2018 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: PITI 20% to 30% lower than renting
Replies: 31
Views: 1528

Re: PITI 20% to 30% lower than renting

Grogs, <<To me, it would be more realistic to assume that both rents and home prices would appreciate at about the rate of inflation. >> That assumption only makes the numbers work out even better. The nominal $1,800 per month is not affected by the increases in the rent and house price. <<but that...
by KlangFool
Fri Aug 17, 2018 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: PITI 20% to 30% lower than renting
Replies: 31
Views: 1528

Re: PITI 20% to 30% lower than renting

The opportunity cost is not static; it compounds. If the other assumptions maintain (flat rent, flat home value, etc), the opportunity cost will eventually eat imputed rent savings. But otherwise I agree this is a good, albeit conservative, approach to the rent v. buy question. FoolMeOnce, Followin...
by KlangFool
Fri Aug 17, 2018 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: physics/math major looking for programmer/analyst job?
Replies: 73
Views: 2878

Re: physics/math major looking for programmer/analyst job?

OP,

The job market is not as great as the unemployment number claimed it to be. My nephew has a computer science degree. It still took him more than 1 year to find a job.

KlangFool
by KlangFool
Fri Aug 17, 2018 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: physics/math major looking for programmer/analyst job?
Replies: 73
Views: 2878

Re: physics/math major looking for programmer/analyst job?

> My nephew graduated a year ago from stony brook university (quite apart from all the suggestions above) where was the university placement office in all this?? At all reputable universities (and I am sure stony brook is one of them) the placement office has many valuable resources. And technical ...
by KlangFool
Fri Aug 17, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: PITI 20% to 30% lower than renting
Replies: 31
Views: 1528

Re: PITI 20% to 30% lower than renting

Folks, This thread is to go over the number and calculation on using PITI to decide whether to buy. Aka, an explanation of my model and system. 1) This is for folks that the house not as an investment but purely as an expense. 2) Not house appreciation is assumed and used to justify the house purch...
by KlangFool
Fri Aug 17, 2018 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: PITI 20% to 30% lower than renting
Replies: 31
Views: 1528

Re: PITI 20% to 30% lower than renting

Working the math backward using todays average 30year APR of 4.41, shows that you assumed a property tax rate below 0.5% to get 1800 PITI. Thats very low, by tax foundation data there are only about 10 states where the tax is that low. If you assume flat future home values in that market, then you ...
by KlangFool
Fri Aug 17, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: physics/math major looking for programmer/analyst job?
Replies: 73
Views: 2878

Re: physics/math major looking for programmer/analyst job?

- he’s interested in data science, has a good background for it but has not fared well in interviews for those positions. gips, What background? Folks are looking for the specific credential. Does he know R? Tableau? SPSS? If not, take some cousera courses and pay $40 for the certificate. KlangFool
by KlangFool
Fri Aug 17, 2018 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: physics/math major looking for programmer/analyst job?
Replies: 73
Views: 2878

Re: physics/math major looking for programmer/analyst job?

Hi, My nephew graduated a year ago from stony brook university with a 3.3 gpa with a double major in applied math and physics. He quickly came to realize there are very few job prospects within his areas of study and spent the last year learning how to code (java, python, sql). He's obtained a numb...
by KlangFool
Fri Aug 17, 2018 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: 401(k): Roth vs Non-Roth
Replies: 27
Views: 1255

Re: 401(k): Roth vs Non-Roth

Wait so hold on. How about we do something similar to my example: a. Currently in the 22% bracket and will likely remain there for a while before either falling to the 12% or falling a bit in the 22% (working while grad school) and then likely to max out to the 24% after that (earning after grad sc...
by KlangFool
Fri Aug 17, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: PITI 20% to 30% lower than renting
Replies: 31
Views: 1528

PITI 20% to 30% lower than renting

Folks, This thread is to go over the number and calculation on using PITI to decide whether to buy. Aka, an explanation of my model and system. 1) This is for folks that the house not as an investment but purely as an expense. 2) Not house appreciation is assumed and used to justify the house purcha...
by KlangFool
Fri Aug 17, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: 401(k): Roth vs Non-Roth
Replies: 27
Views: 1255

Re: 401(k): Roth vs Non-Roth

How much does the extra effective contribution for a roth play into everyone's decision on this? 18,500 in post tax is worth more than 18,500 in pre-tax by 18,500/r, where r is your tax rate (not that I book a deferred tax liability when calculating my net worth). Obviously that math only works if ...
by KlangFool
Fri Aug 17, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: 401(k): Roth vs Non-Roth
Replies: 27
Views: 1255

Re: 401(k): Roth vs Non-Roth

I believe it is more likely that tax rates will increase by the time I retire then it is likely that they will be the same or decrease. And to the point where even the benefit of withdrawing in lower brackets (including 0% standard deductions) will not make up for the raise. Crisium, 1) Even if tha...
by KlangFool
Fri Aug 17, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: 401(k): Roth vs Non-Roth
Replies: 27
Views: 1255

Re: 401(k): Roth vs Non-Roth

How much does the extra effective contribution for a roth play into everyone's decision on this? 18,500 in post tax is worth more than 18,500 in pre-tax by 18,500/r, where r is your tax rate (not that I book a deferred tax liability when calculating my net worth). Obviously that math only works if ...
by KlangFool
Fri Aug 17, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: 401(k): Roth vs Non-Roth
Replies: 27
Views: 1255

Re: 401(k): Roth vs Non-Roth

There are advantages to having a plan that keeps tax brackets approximately the same throughout your lifetime. (I think will find doing that will give your the best result when deciding on a Roth strategy.) Watch out for the cost of Medicare Part B. It goes up in (steps) based on income. Roth incom...
by KlangFool
Fri Aug 17, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: 401(k): Roth vs Non-Roth
Replies: 27
Views: 1255

Re: 401(k): Roth vs Non-Roth

Many threads on this topic. If you are in a very low tax bracket now (12%) and KNOW you will be in a much higher tax bracket later (24% or 32%) you can make a case. Also, if you have pensions that will cover all your spending you might choose Roth. bloom2708, That is not necessarily true. At low ta...
by KlangFool
Fri Aug 17, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: 401(k): Roth vs Non-Roth
Replies: 27
Views: 1255

Re: 401(k): Roth vs Non-Roth

How much does the extra effective contribution for a roth play into everyone's decision on this? 18,500 in post tax is worth more than 18,500 in pre-tax by 18,500/r, where r is your tax rate (not that I book a deferred tax liability when calculating my net worth). Obviously that math only works if ...
by KlangFool
Thu Aug 16, 2018 10:09 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 524
Views: 29669

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

9 pages in. I have to ask. Has a single person changed their position having read or participated in this thread? :shock: :oops: :sharebeer bligh, 1) I did not change my position. 2) But, this thread helps me to take a look at my International stock position in order to look for TLH opportunity. Kl...
by KlangFool
Thu Aug 16, 2018 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 83
Views: 5704

Re: House Value & Mortgage as a Percentage of Net Worth

jharkin, <<Based on our discussions if I had the career experiences you did I would probably follow your plan as well. I just think it is too conservative to be used universally. >> But, is my experience unique and special? A lot of people lose their jobs and their houses during Houston Oil Bust, T...
by KlangFool
Thu Aug 16, 2018 9:11 am
Forum: Personal Consumer Issues
Topic: Fuji FC 440 Carbon Bike Fork and Fuji C7 Carbon Frame
Replies: 7
Views: 226

Re: Fuji FC 330 Carbon Bike Frame

A quick google search indicates that the FC330 is a fork, not a frame. You likely have a frame that comes with a FC330 fork. What's written on the frame itself? As for where to sell: Pinkbike, Craigslist, Facebook, Ebay. Bike shops can help package it up if you are shipping it. Two mistakes: 1) It ...
by KlangFool
Thu Aug 16, 2018 9:01 am
Forum: Personal Consumer Issues
Topic: Fuji FC 440 Carbon Bike Fork and Fuji C7 Carbon Frame
Replies: 7
Views: 226

Fuji FC 440 Carbon Bike Fork and Fuji C7 Carbon Frame

Hi,

My neighbor gives out his brand new Fuji FC 330 440 Carbon Bike Fork and Fuji C7 Carbon frame since he is moving away. How much does this thing worth? Do you know where I can sell this thing?

Thanks.

KlangFool
by KlangFool
Thu Aug 16, 2018 8:25 am
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 83
Views: 5704

Re: House Value & Mortgage as a Percentage of Net Worth

Re: Property tax I don’t know either, but go ahead and pay your property tax. You’ve lowered your monthly outlay from $1800 to $350ish or so using your numbers. Re: Moving to a less expensive rental Doesn’t matter either way. If you move to a new area most landlords still require you to provide inc...
by KlangFool
Thu Aug 16, 2018 7:59 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review/How are we doing?
Replies: 24
Views: 2259

Re: Portfolio Review/How are we doing?

Klangfool, I have to admit I am not sure what point you are trying to make? The point of saving money now is to have a larger amount of money at a future point in time. I guess I don’t get the point about OP’s employment status and the relevance to saving for college. OP has a plan, if for some rea...
by KlangFool
Thu Aug 16, 2018 7:42 am
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 83
Views: 5704

Re: House Value & Mortgage as a Percentage of Net Worth

I love these threads. A few things to point out: While renting is less risky than buying, some of the things KF points out as advantages for renting are not necessarily advantages, or at least, not disadvantages of buying For example: If you lost your job and needed to move to a less expensive rent...
by KlangFool
Thu Aug 16, 2018 7:33 am
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 83
Views: 5704

Re: House Value & Mortgage as a Percentage of Net Worth

[ jharkin, << Any rule, especially a rule like KlangFools would mean that the vast majority of families wouldn't buy until they hit their 40s or later. Likely the entire real estate market would collapse from lack of buyers.>> 1) Actually, that is not true. It is better for me if folks do not liste...
by KlangFool
Thu Aug 16, 2018 6:53 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review/How are we doing?
Replies: 24
Views: 2259

Re: Portfolio Review/How are we doing?

Strayshot, You are assuming that OP can afford to pay $140K for the college education in 18 years. A) If that is true, it means that OP is fully employed over that 18 years. Then, he does not have to sell anything to pay for college education. His annual saving is high enough to pay for college edu...
by KlangFool
Wed Aug 15, 2018 9:29 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review/How are we doing?
Replies: 24
Views: 2259

Re: Portfolio Review/How are we doing?

If 6% is a big deal, why 10% tax penalty is not a big deal. OP's wife will retire early at 55 years old. OP will retire at 59 years old. It is very simple. OP and his wife will retire early before the kid goes to college or during college. A) The income will drop and may qualify the kid for financi...
by KlangFool
Wed Aug 15, 2018 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Odd situation.. How much down payment? 15/30 year loan? Should I sell taxable investments for the down payment?
Replies: 14
Views: 778

Re: Odd situation.. How much down payment? 15/30 year loan? Should I sell taxable investments for the down payment?

Dang... I guess I have been pretty narrow minded about home ownership. I jumped right into it because I thought it was a good idea to have your own home. I honestly did get taken aback a little bit when I realized how expensive taxes would be. Would it change anything if I decided to rent out the s...
by KlangFool
Wed Aug 15, 2018 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 83
Views: 5704

Re: House Value & Mortgage as a Percentage of Net Worth

unclescrooge wrote:
Wed Aug 15, 2018 7:53 pm
KlangFool wrote:
Sun Aug 12, 2018 8:45 pm

I live in the Northern VA/DC Metro area.

KlangFool
For some reason, I always assumed you lived in Phoenix. :mrgreen:
unclescrooge,

The air is too dry for me. I need more humidity.

KlangFool
by KlangFool
Wed Aug 15, 2018 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Odd situation.. How much down payment? 15/30 year loan? Should I sell taxable investments for the down payment?
Replies: 14
Views: 778

Re: Odd situation.. How much down payment? 15/30 year loan? Should I sell taxable investments for the down payment?

OP, << Scenario 1. $100k down payment (no contribution from me) 15-year monthly mortgage payments + taxes + HOA = $2000/month (Would likely need a roommate to afford this) 30-year monthly mortgage payments + taxes + HOA = $1588/month>> 1) Don't buy the condo. Rent. Your monthly rental is $1,400. And...
by KlangFool
Wed Aug 15, 2018 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: House Value & Mortgage as a Percentage of Net Worth
Replies: 83
Views: 5704

Re: House Value & Mortgage as a Percentage of Net Worth

So the OP originally asked whats a safe percentage, but now it seems that OP likely has a 7 figure net worth so probably any percentage is 'safe'.... Anyway, for those of us who are not FI, this is my thoughts on rules of thumb: 1 - A starting point is the conventional mortgage limit of 28%, but I ...
by KlangFool
Wed Aug 15, 2018 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 101
Views: 4816

Re: Take auto loan 0.9% if I can afford cash?

I sincerely doubt there is "No change in price whether paying by cash or loan. " No offense intended, but it sounds like you played all your cards early. There are usually rebates associated with taking in-house financing vs paying cash or outside financing. In fact, there are usually additional re...
by KlangFool
Wed Aug 15, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Take auto loan 0.9% if I can afford cash?
Replies: 101
Views: 4816

Re: Take auto loan 0.9% if I can afford cash?

I will be buying a car soon. I can afford to pay cash up front. The dealer says I’m eligible for 0.9% financing for 3 years. No change in price whether paying by cash or loan. markfaix, You should shop around. You may not be getting the best deal. In my case, the dealer pays me an extra $1,000 for ...
by KlangFool
Wed Aug 15, 2018 4:57 pm
Forum: Investing - Theory, News & General
Topic: Importance of sequence of real returns for SWR, CAPE valuation, and Luck
Replies: 95
Views: 3630

Re: Importance of sequence of real returns for SWR, CAPE valuation, and Luck

Yep, absolutely possible. I totally agree with you. CAPE model may indeed prove to be right. We absolutely could have one crazy horrible mean reversion. I'm not saying CAPE is 100% for sure wrong. I'm saying it's silly at this point to believe it is 100% for sure right. I'm saying it hasn't done a ...
by KlangFool
Wed Aug 15, 2018 4:54 pm
Forum: Investing - Theory, News & General
Topic: Importance of sequence of real returns for SWR, CAPE valuation, and Luck
Replies: 95
Views: 3630

Re: Importance of sequence of real returns for SWR, CAPE valuation, and Luck

Yep, absolutely possible. I totally agree with you. CAPE model may indeed prove to be right. We absolutely could have one crazy horrible mean reversion. I'm not saying CAPE is 100% for sure wrong. I'm saying it's silly at this point to believe it is 100% for sure right. I'm saying it hasn't done a ...
by KlangFool
Wed Aug 15, 2018 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: College grant ( not loans ) eligibilty
Replies: 21
Views: 835

Re: College grant ( not loans ) eligibilty

I have been told by various people that if somebody has over 1MM net worth ( not including primary residence) or approx over 500K in non retirement assests then one should not expect any grants from college which are not merit based and therefore there is no need for FAFSA and the unnecessary discl...
by KlangFool
Wed Aug 15, 2018 1:11 pm
Forum: Investing - Theory, News & General
Topic: Importance of sequence of real returns for SWR, CAPE valuation, and Luck
Replies: 95
Views: 3630

Re: Importance of sequence of real returns for SWR, CAPE valuation, and Luck

It's also possible we have a very painful 26 year mean reversion. I'm not saying I think that will happen, but it's another possibility. Just because something has been above the mean for a very long time does not mean it can't still mean revert. All that said, in retirement I'm thinking about wors...
by KlangFool
Wed Aug 15, 2018 1:08 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review/How are we doing?
Replies: 24
Views: 2259

Re: Portfolio Review/How are we doing?

Please note that OP's investment is at 460K now. His wife would retire at 55 years old (14 years from now) before the kid goes to college. This may drop the income low enough that OP's kid may qualify for financial aid if the 529 does not exist. You need to check your math. OP’s wife is 32, wants t...