Search found 94 matches

by 6bquick
Fri Oct 16, 2020 11:47 am
Forum: Personal Investments
Topic: Should We Ever Save for Children's College?
Replies: 438
Views: 27039

Re: Should We Ever Save for Children's College?

PS: I also find funny how loans are called "financial help". Loans are not help, are the opposite of help. I didn't read every response upthread, sorry if this is a duplicate. I do have to disagree with your statement on this. I'm still paying on my student loans and I hate them. Having said that, ...
by 6bquick
Tue Oct 13, 2020 7:33 pm
Forum: Investing - Theory, News & General
Topic: How do Bogleheads cope with not beating the market?
Replies: 142
Views: 10025

Re: How do Bogleheads cope with not beating the market?

I realize I am finally becoming an investor instead of a speculator. I felt really good and less stressed when I finally completed a buy and hold asset allocation portoflio. But then I got a little bored and thought I have all this free time to fill. Shouldn't I apply it to optimizing / tweaking th...
by 6bquick
Mon Oct 12, 2020 12:17 pm
Forum: Personal Consumer Issues
Topic: Favorite Science Fiction Movies
Replies: 142
Views: 6023

Re: Favorite Science Fiction Movies

I like lots of this list. I didn't see "the thing" on the list, but it's on mine.
by 6bquick
Tue Oct 06, 2020 9:47 pm
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 233
Views: 16501

Re: A simpler car.

How exactly did you decide on this threshold for "reasonably safe"? Your own car-buying actions are diametrically opposed to your statements in this thread; pretty confusing. I did not discuss about myself. I am a (moderate) risk taker. I did not look for a reasonably safe car (I could as well have...
by 6bquick
Tue Oct 06, 2020 9:35 pm
Forum: Personal Consumer Issues
Topic: Anchors screws - over time do they get loose ???
Replies: 33
Views: 3305

Re: Anchors screws - over time do they get loose ???

I think we have standard gypsum drywall 1/2 thick. I will keep a close eye on them and replace them with the toggle bolts as needed. I try to use a stud when possible but don’t always find one at the right location. I mistakenly thought that these anchors are rated for more than enough weight and g...
by 6bquick
Thu Oct 01, 2020 8:04 am
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 233
Views: 16501

Re: A simpler car.

Not to get nitpicky here, but you're conflating two very different ideas in point number 1. (stealing the subsequent list that another poster provided about the KIA lease:) Forward Collision Warning (FCW) Forward Collision-Avoidance Assist-Car (FCA-Car) Lane Departure Warning (LDW) Lane Keeping Ass...
by 6bquick
Wed Sep 30, 2020 8:06 am
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 233
Views: 16501

Re: A simpler car.

Let me ask you, do you drive the "safest" vehicle you can afford? Absolutely not. I have the cheapest car that gives me pleasure and is reasonably safe. But this is not about me, is about a forum that recommends AT THE SAME TIME to buy life insurance but does not recommend to spend money on a safer...
by 6bquick
Tue Sep 29, 2020 1:27 pm
Forum: Personal Investments
Topic: Contribute to HSA and invest - but with high fees?
Replies: 13
Views: 629

Re: Contribute to HSA and invest - but with high fees?

I do have a follow up question... does anyone keep some cash with their HSA for actual medical costs and invest the rest? If so, how much do you keep in cash, if any? We do. call it cash drag or peace of mind or somewhere in between. We max out annual contributions to the CU, and anything over 1 ye...
by 6bquick
Tue Sep 29, 2020 11:07 am
Forum: Personal Investments
Topic: Contribute to HSA and invest - but with high fees?
Replies: 13
Views: 629

Re: Contribute to HSA and invest - but with high fees?

Another option is to open a personal HSA and periodically transfer the funds from your company's HSA to your personal HSA. Obviously this is going to take some of your time to initially set up the account and then do the transfers, but you can avoid the fees and get access to all public investments...
by 6bquick
Mon Sep 28, 2020 3:51 pm
Forum: Investing - Theory, News & General
Topic: What fund(s) are in your taxable account?
Replies: 138
Views: 9766

Re: What fund(s) are in your taxable account?

L82GAME wrote: Mon Sep 28, 2020 3:41 pm VTSAX only! :moneybag
Tax efficiency/simplicity.
+1
by 6bquick
Mon Sep 28, 2020 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Friend on the verge of financial ruin, how to help?
Replies: 137
Views: 15681

Re: Friend on the verge of financial ruin, how to help?

Here’s a thought experiment for OP .... if I gave you $24,000 on the condition that you must gift $12,000 to your friend and may keep $12,000 for yourself, would you take that offer ? Would you decline it for all of the various reasons put forth in this thread stating perspectives that providing $1...
by 6bquick
Mon Sep 28, 2020 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Friend on the verge of financial ruin, how to help?
Replies: 137
Views: 15681

Re: Friend on the verge of financial ruin, how to help?

Here’s a thought experiment for OP .... if I gave you $24,000 on the condition that you must gift $12,000 to your friend and may keep $12,000 for yourself, would you take that offer ? Would you decline it for all of the various reasons put forth in this thread stating perspectives that providing $1...
by 6bquick
Mon Sep 28, 2020 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Friend on the verge of financial ruin, how to help?
Replies: 137
Views: 15681

Re: Friend on the verge of financial ruin, how to help?

best advice here, stay out of it and concentrate on your own finances please +1 I would offer my time to get them assistance as needed. Beyond that it's a good idea to be there a shoulder to cry on and to be a good source of advice, not a cash register. -TheDDC I'm inclined to agree. One of my dad'...
by 6bquick
Fri Sep 25, 2020 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 0.8% to 0.6%
Replies: 117
Views: 10627

Re: Ally Bank savings interest rate dropping from 0.8% to 0.6%

Wow, how low can it go? 0%. I don't see individual savings accounts going lower. Maybe .01% or something. I'm about to clear out what I have in savings and buy stocks. I can't justify keeping money in a bank at these rates. Screw it. So-called "high yield savings accounts" don't exist anymore. Savi...
by 6bquick
Fri Sep 25, 2020 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 0.8% to 0.6%
Replies: 117
Views: 10627

Re: Ally Bank savings interest rate dropping from 0.8% to 0.6%

Wow, how low can it go? 0%. I don't see individual savings accounts going lower. Maybe .01% or something. I'm about to clear out what I have in savings and buy stocks. I can't justify keeping money in a bank at these rates. Screw it. So-called "high yield savings accounts" don't exist anymore. Savi...
by 6bquick
Fri Sep 25, 2020 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 0.8% to 0.6%
Replies: 117
Views: 10627

Re: Ally Bank savings interest rate dropping from 0.8% to 0.6%

When it went to 1% I cleaned out our cash EF almost completely to pay off the mortgage, now it is just a holding spot so we can max out Roths and 529s the first of every year. More to VTSAX. Honest question, why the 1% cutoff? it was at 1.25% for a bit IIRC, why not then? anything sub 3% is histori...
by 6bquick
Fri Sep 25, 2020 9:10 am
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 233
Views: 16501

Re: A simpler car.

Agree to disagree. :sharebeer I genuinely hope that you don’t get broadsided by a texting teen in a suburban one day. Holy Toledo, I hope that too! And not to split hairs here, but there isn't a safety feature in the world that will save me in that case. I'll even go one step further and suggest th...
by 6bquick
Thu Sep 24, 2020 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 0.8% to 0.6%
Replies: 117
Views: 10627

Re: Ally Bank savings interest rate dropping from 0.8% to 0.6%

When it went to 1% I cleaned out our cash EF almost completely to pay off the mortgage, now it is just a holding spot so we can max out Roths and 529s the first of every year. More to VTSAX. Honest question, why the 1% cutoff? it was at 1.25% for a bit IIRC, why not then? anything sub 3% is histori...
by 6bquick
Thu Sep 24, 2020 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 0.8% to 0.6%
Replies: 117
Views: 10627

Re: Ally Bank savings interest rate dropping from 0.8% to 0.6%

When it went to 1% I cleaned out our cash EF almost completely to pay off the mortgage, now it is just a holding spot so we can max out Roths and 529s the first of every year. More to VTSAX. Honest question, why the 1% cutoff? it was at 1.25% for a bit IIRC, why not then? anything sub 3% is histori...
by 6bquick
Thu Sep 24, 2020 2:53 pm
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 233
Views: 16501

Re: A simpler car.

6bquick wrote: Thu Sep 24, 2020 11:51 am Agree to disagree. :sharebeer
by 6bquick
Thu Sep 24, 2020 11:51 am
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 233
Views: 16501

Re: A simpler car.

I'm not terribly concerned about the safety aspect most cars built in the last 15 years are safe enough. If you define safety as protecting you from injury or death, I would agree with you. However, if you define safety as preventing accidents, then I'd say there is no comparison between a modern c...
by 6bquick
Thu Sep 24, 2020 11:34 am
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 233
Views: 16501

Re: A simpler car.

I'm not terribly concerned about the safety aspect most cars built in the last 15 years are safe enough. If you define safety as protecting you from injury or death, I would agree with you. However, if you define safety as preventing accidents, then I'd say there is no comparison between a modern c...
by 6bquick
Mon Sep 21, 2020 2:11 pm
Forum: Personal Consumer Issues
Topic: Possible Relocation to Columbus, OH Area
Replies: 49
Views: 3613

Re: Possible Relocation to Columbus, OH Area

Will you be work from home or commuting somewhere? if so, where?
by 6bquick
Mon Sep 14, 2020 10:55 am
Forum: Personal Consumer Issues
Topic: Limited Purpose FSA: What to Buy with Excess Funds?
Replies: 17
Views: 963

Re: Limited Purpose FSA: What to Buy with Excess Funds?

does your optometrist or your dentist sell gift cards? or will they let you "prepay" your account? Might be worth asking to avoid losing $2k.
by 6bquick
Sun Sep 06, 2020 10:26 pm
Forum: Personal Consumer Issues
Topic: Online Ammo purchase recommendation
Replies: 53
Views: 5534

Re: Online Ammo purchase recommendation

UpperNwGuy wrote: Sun Sep 06, 2020 9:33 pm What on earth are you people going to do with all this ammo?
Shoot it. Eventually.
by 6bquick
Tue Sep 01, 2020 9:37 am
Forum: Investing - Theory, News & General
Topic: What is your age and asset allocation ?
Replies: 246
Views: 15454

Re: What is your age and asset allocation ?

Both 32y/o

85/15 is our current target AA, plus a cash emergency fund, but I don't count that in our AA as it isn't meant as an investable asset. We could/should be 100/0 with our ages, but I just don't have the testicular fortitude to do so.
by 6bquick
Mon Aug 31, 2020 8:22 am
Forum: Personal Consumer Issues
Topic: Raccoons!
Replies: 38
Views: 2654

Re: Raccoons!

Not sure where you live, but before you consider a live trap on your own, check your state laws. In Ohio, coons are nuisance animals and a property owner is legally allowed to trap them. But, it is illegal for citizens to transport a nuisance animal. So, your legal options are to release him somewhe...
by 6bquick
Thu Aug 27, 2020 9:55 am
Forum: Investing - Theory, News & General
Topic: "Turning 401(k) Plans into Lifetime Investments"
Replies: 47
Views: 4459

Re: "Turning 401(k) Plans into Lifetime Investments"

The difference still remains that with a traditional pension, the final years of employment generally have disproportionate impact whereas with a 401k, even if it is eventually annuitized the early years tend to have disproportionate impact. Not to sidetrack the conversation, but I feel that has a ...
by 6bquick
Wed Aug 26, 2020 10:52 am
Forum: Investing - Theory, News & General
Topic: Bear Cub Smells Bubble
Replies: 406
Views: 29982

Re: Bear Cub Smells Bubble

Stinky wrote: Wed Aug 26, 2020 10:41 am
finite_difference wrote: Wed Aug 26, 2020 10:31 am There’s a well-written article by Paul Krugman on Wall Street’s letter K. But he doesn’t delve into the mid term impacts.
Could you post a link to the Krugman article?

I buy into about 5% of what Krugman writes. Maybe this article is part of the 5%.
I read it. I'd wager it isn't.
by 6bquick
Wed Aug 19, 2020 7:45 am
Forum: Personal Investments
Topic: Really dumb Question - what does saving x% mean?
Replies: 21
Views: 2089

Re: Really dumb Question - what does saving x% mean?

confounding variable: do you include the principle payments on debt to be part of your savings rate? Arguments can be made both ways. personally, I include the amount of principle that we plan on continuing to save after the debt is gone, but not the part that may increase our standard of living a l...
by 6bquick
Tue Aug 18, 2020 9:32 am
Forum: Personal Consumer Issues
Topic: Where to find a quality, lower cost muscle car
Replies: 92
Views: 5771

Re: Where to find a quality, lower cost muscle car

not sure about any classics but I would go with a terminator Cobra (2001-2003) Terminator Cobra's were 03 and 04. The 01 and 02's looked the same (iirc) but they most certainly did NOT get the blower on the 4.6. Also, how much work are you wanting/willing to do? you can get a very solid car for $20...
by 6bquick
Tue Aug 18, 2020 7:39 am
Forum: Personal Investments
Topic: For people who don't like their employee provided HSA - why not open elsewhere?
Replies: 39
Views: 2624

Re: For people who don't like their employee provided HSA - why not open elsewhere?

I have healthyequity HSA provided by my employer which has higher fees vs something like Fidelity HSA. I combed through the threads and a lot of people feel the same way about healthequity it seems. The solution seems to do periodic trustee transfers to something like Fidelity HSA or lively every c...
by 6bquick
Thu Aug 13, 2020 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: My kid scratched my neighbor's new car
Replies: 115
Views: 7354

Re: My kid scratched my neighbor's new car

arcticpineapplecorp. wrote: Thu Aug 13, 2020 7:11 pm have the neighbor's kid scratch your car with his bike and call it even?

take the $2400 out of your kid's allowance?
This elicited and honest LOL. Thanks, APC. :beer
by 6bquick
Mon Aug 10, 2020 7:11 pm
Forum: Personal Consumer Issues
Topic: Oddly Difficult to Find Items During the Pandemic
Replies: 278
Views: 24776

Re: Oddly Difficult to Find Items During the Pandemic

People doing things like this are why I refuse to pay surge pricing for something unless it's absolutely necessary. And it's also why I wish more retailers had item limits. I try to keep all my purchases at no more than 2 of each item unless it's something small like individual servings of yogurt. ...
by 6bquick
Mon Aug 10, 2020 7:05 pm
Forum: Personal Consumer Issues
Topic: What price range for Daughter's first car?
Replies: 122
Views: 5801

Re: What price range for Daughter's first car?

My advice would be to pay around $15k tops. This should get her a nice vehicle with fairly low miles. thoughts? Without knowing the in's-and-out's of her entire financial picture, your instincts are fine on this. $15k will get you a lot of car, in almost any variety, notable exception being a full-...
by 6bquick
Wed Aug 05, 2020 3:56 pm
Forum: Personal Consumer Issues
Topic: Oddly Difficult to Find Items During the Pandemic
Replies: 278
Views: 24776

Re: Oddly Difficult to Find Items During the Pandemic

People doing things like this are why I refuse to pay surge pricing for something unless it's absolutely necessary. And it's also why I wish more retailers had item limits. I try to keep all my purchases at no more than 2 of each item unless it's something small like individual servings of yogurt. ...
by 6bquick
Wed Aug 05, 2020 10:24 am
Forum: Personal Consumer Issues
Topic: A dumb vehicle trade-in scenario?
Replies: 33
Views: 2252

Re: A dumb vehicle trade-in scenario?

We sold our old car to Carvana last year. process was all online and relatively simple. then they send out a person on a flatbed to pick up your car and give you a check. they offered us $2500 more than the dealer would on trade (8k vs 10.5k) and the $10.5k was what I would have expected from craig...
by 6bquick
Tue Aug 04, 2020 11:55 am
Forum: Personal Consumer Issues
Topic: A dumb vehicle trade-in scenario?
Replies: 33
Views: 2252

Re: A dumb vehicle trade-in scenario?

We sold our old car to Carvana last year. process was all online and relatively simple. then they send out a person on a flatbed to pick up your car and give you a check. they offered us $2500 more than the dealer would on trade (8k vs 10.5k) and the $10.5k was what I would have expected from craigs...
by 6bquick
Mon Aug 03, 2020 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Is it better to deduct business expenses on 1099 than W2?
Replies: 3
Views: 253

Re: Is it better to deduct business expenses on 1099 than W2?

I've struggled with that too. the solution I've settled on is to take the percentage of my household (mfj) income that is 1099 and multiply that by the bill I'm looking to deduct to get the amount. ie: 100k annual income. 45k from 1099, if Verizon bill is 1k for the year, I deduct $450. I'm honestly...
by 6bquick
Sun Aug 02, 2020 10:35 pm
Forum: Personal Consumer Issues
Topic: Does a couple really "need" an SUV?
Replies: 222
Views: 11906

Re: Does a couple really "need" an SUV?

You can fit an awful lot of mulch in a Honda Fit. With the "magic seat" in the back that can fold all the way flat or fold up, I can fit just about anything, even a fully-assembled bike. If I'm carrying something long, the front seat folds all the way down with the headrest removed. A few weeks ago...
by 6bquick
Wed Jul 29, 2020 2:50 pm
Forum: Personal Consumer Issues
Topic: Anyone with a relatively recent minivan and a video entertainment system? That or ipad holders?
Replies: 11
Views: 756

Re: Anyone with a relatively recent minivan and a video entertainment system? That or ipad holders?

2016 Odyssey here. bought used. rear ent. system works fine. it isn't a Bose-surround home theatre but it works fine with the car speakers or the headphones. as far as future-proof, I don't foresee DVD's approaching total obsolescence anytime soon, but even if they do, the $5 bin at Walmart will tak...
by 6bquick
Wed Jul 29, 2020 8:54 am
Forum: Personal Consumer Issues
Topic: How many washings will a dress shirt endure?
Replies: 13
Views: 854

Re: How many washings will a dress shirt endure?

to quote Mitch Hedberg: " this shirt is dry-clean only. which means... it's dirty" Ha. I have nothing useful to add to this thread (pun intended) but the title made me think of Mitch. Carry on. :beer
by 6bquick
Tue Jul 21, 2020 8:05 am
Forum: Personal Consumer Issues
Topic: 24 Hour Drive Time w/ Two Young Kids: What Kind of Car
Replies: 101
Views: 5191

Re: 24 Hour Drive Time w/ Two Young Kids: What Kind of Car

We just finished a 1400 mile trip with the Mrs. and 2 kids, 3.5 and 1.5. We did it in an Odyssey. No one died. Next time we go, I'll be renting a small pickup truck for the Mrs. and I and the kids will be behind us in a modest, yet comfortable livestock trailer.
by 6bquick
Mon Mar 23, 2020 7:14 pm
Forum: Investing - Theory, News & General
Topic: Young investors, how do you feel about your 1st market crash?
Replies: 132
Views: 9251

Re: Young investors, how do you feel about your 1st market crash?

I've realized that my emergency fund is not nearly as large as it should be. I should not have lump summed in 2020's contributions. That's my biggest takeaway. This. This has been the main lesson for me, so far. I'm also somehow starting to look at my non-retirement investments in terms of "how man...
by 6bquick
Sat Feb 29, 2020 10:15 pm
Forum: Personal Consumer Issues
Topic: Do you ever use cash?
Replies: 228
Views: 13935

Re: Do you ever use cash?

Only three kinds of people use cash: Old fashioned people who can't change their habits Paranoid people who think cash is more secure People who fear their spending would go wild with credit cards Hey, I resemble that remark. ha. I actually call myself all 3. it does highlight an interesting dichot...
by 6bquick
Thu Apr 25, 2019 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Advising financially unsavvy family on windfall
Replies: 77
Views: 6225

Re: Advising financially unsavvy family on windfall

NotWhoYouThink wrote: Thu Apr 25, 2019 9:04 am Because they are not broke for lack of money, it's lack of spending discipline, and you can't fix that. Frustrating, ask me how I know.
This. One of my Dad's oft-quoted pearls of wisdom is "money don't fix money problems." Not an infallible rule, but pretty close I'd wager.
by 6bquick
Wed Jan 16, 2019 9:09 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 856
Views: 61908

Re: John Bogle is dead at 89

Thank you, Mr. Bogle for your altruism. The world lost a great man today.
by 6bquick
Sat Jan 05, 2019 6:38 pm
Forum: Personal Consumer Issues
Topic: Paying (paper) cash for daily transactions
Replies: 83
Views: 4342

Re: Paying (paper) cash for daily transactions

I'm 31 and my wife and I use cash for our discretionary spending because we were having a hard time not swiping the card haha. All of our re-occurring payments (internet, gym) go on the card along with gas and groceries (who wants to use cash for those) but eating out, coffee, booze, etc we use cas...