Search found 1228 matches

by fortfun
Sun Dec 16, 2018 12:37 pm
Forum: Personal Consumer Issues
Topic: Raspberry pi or starting an 11 year old with programming
Replies: 20
Views: 1393

Re: Raspberry pi or starting an 11 year old with programming

If this is her first attempt at programming, I'd highly recommend SCRATCH (free) with these hardware devices (not free). Makey Makey and Lego WeDo are a lot of fun. You can run a rasberry pi with SCRATCH too. Her first attempt at programming should be fun and this will do the trick. My 12 year old s...
by fortfun
Sat Dec 15, 2018 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 120
Views: 8050

Re: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court

good, hope my state goes back to a low risk pool where premiums were much lower. ACA did away with that and premiums skyrocketed. Ah yes, the good ol' days when if you got sick you couldn't get or couldn't afford health insurance, but at least it was cheap for healthy people. Is anybody holding off...
by fortfun
Sat Dec 15, 2018 9:30 pm
Forum: Personal Consumer Issues
Topic: Favorite Purchase of 2018?
Replies: 99
Views: 5593

Re: Favorite Purchase of 2018?

The cruise of a lifetime. It isn’t happening until 2020, but we locked it in this year. And are slowly, slowly, whittling away at the payment for it. A total of 49 days along the west coast of Central and South America, around Cape Horn, and finishing in Rio de Janiero. “This is gold, Jerry. Gold!”...
by fortfun
Sat Dec 15, 2018 8:44 pm
Forum: Personal Consumer Issues
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 29
Views: 1308

Re: Is this a good time to start paying extra on the mortgage?

1. Selling near the bottom of a bull market is a sure way to lose money. 2. It requires courage, but NOT selling in a bear market has always rewarded investors with a profit. I have no where near the experience and wisdom of Taylor, but will echo these points based on my own observation. Also will ...
by fortfun
Sat Dec 15, 2018 8:27 pm
Forum: Personal Consumer Issues
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 29
Views: 1308

Re: Is this a good time to start paying extra on the mortgage?

Hi fortfun, I suspect that a 3 percent home mortgage rate is the lowest rate you will see for the rest of your life. The bank would love for you to pay that off. Even without a home interest deduction, 3 percent is like free money when inflation is taken into account. I would be in no hurry to pay ...
by fortfun
Sat Dec 15, 2018 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire
Replies: 64
Views: 4879

Re: Can I retire

The tuition for a good public institution near us is just over $25k for four years of in-state undergraduate studies. That's of course in addition to fees, books, etc., but it's a very good value IMHO. Same here. Total cost of attendance , including room & board, from the two local schools is <$12....
by fortfun
Sat Dec 15, 2018 8:17 pm
Forum: Personal Consumer Issues
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 29
Views: 1308

Re: Is this a good time to start paying extra on the mortgage?

MotoTrojan wrote:
Sat Dec 15, 2018 8:11 pm
Do a bit of both but this isn’t a strange period in the market, quite normal really. Be ready for worse, or a big rally.
Thanks Moto.
by fortfun
Sat Dec 15, 2018 8:14 pm
Forum: Personal Consumer Issues
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 29
Views: 1308

Re: Is this a good time to start paying extra on the mortgage?

whodidntante wrote:
Sat Dec 15, 2018 8:11 pm
Stocks are the one thing that people are reluctant to buy when the price is low.

DCA = dollar cost averaging, a fancy term for buying on regular schedule.
Thanks Whodidntante. Are they low yet? Most don't think so.
by fortfun
Sat Dec 15, 2018 8:10 pm
Forum: Personal Consumer Issues
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 29
Views: 1308

Re: Is this a good time to start paying extra on the mortgage?

In 2016-2017 I diverted money destined for VTIAX to pay off my mortgage. I thought the market topped. As it turns out International is now about where it was in 2016... So maybe not a bad move, but there was a period where it appeared to be really a poor idea. My goal was to get the mortgage paid o...
by fortfun
Sat Dec 15, 2018 8:06 pm
Forum: Personal Consumer Issues
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 29
Views: 1308

Re: Is this a good time to start paying extra on the mortgage?

You could certainly do worse things than pay down a mortgage. If it is helps you sleep better, that's worth something. I have a 3% mortgage too but have a bit longer until retirement. I don't mind having a mortgage that's lower than my local rate of inflation and am taking my time paying it off. Ho...
by fortfun
Sat Dec 15, 2018 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire
Replies: 64
Views: 4879

Re: Can I retire

I'm wondering where you're getting the $50k private $10k state college numbers. Are you picking these out of the air? I've got one son in private engineering college and we're a tick under $70k on campus. I suppose if your kid lives at home, $50k might be close. I'll have to assume you're projectin...
by fortfun
Sat Dec 15, 2018 7:51 pm
Forum: Personal Consumer Issues
Topic: Adult Games / Board Games - Recommendations
Replies: 38
Views: 1879

Re: Adult Games / Board Games - Recommendations

MP173 wrote:
Sat Dec 15, 2018 6:25 pm
Set up Eucher card game tournament.

Scrabble is a great game.

Ed
Banana-gram is a good alternative to Scrabble. Fast paced! (If your scrabble players take 10 minutes per turn).
by fortfun
Sat Dec 15, 2018 7:30 pm
Forum: Personal Consumer Issues
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 29
Views: 1308

Re: Is this a good time to start paying extra on the mortgage?

You could certainly do worse things than pay down a mortgage. If it is helps you sleep better, that's worth something. I have a 3% mortgage too but have a bit longer until retirement. I don't mind having a mortgage that's lower than my local rate of inflation and am taking my time paying it off. Ho...
by fortfun
Sat Dec 15, 2018 7:23 pm
Forum: Personal Consumer Issues
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 29
Views: 1308

Re: Is this a good time to start paying extra on the mortgage?

livesoft wrote:
Sat Dec 15, 2018 7:20 pm
^If interest rates are going up and CDs starting paying 5% again, then you might be mad that you paid off a 3% mortgage.
True but it sounds like they are putting the brakes on those too.
by fortfun
Sat Dec 15, 2018 7:19 pm
Forum: Personal Consumer Issues
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 29
Views: 1308

Re: Is this a good time to start paying extra on the mortgage?

It doesn't seem like anyone is painting a rosy picture of the economy/stocks/bonds/CDs anytime in the near future. If you are about five years out from retirement, would this be a good time to start paying extra on the mortgage? I missed out on a 4% CD that I was going to use to pay off the mortgag...
by fortfun
Sat Dec 15, 2018 7:17 pm
Forum: Personal Consumer Issues
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 29
Views: 1308

Re: Is this a good time to start paying extra on the mortgage?

I don't think so. Some of the best times to put money in to the stock market are those characterized by your very first sentence. Thanks Livesoft. True, but it just seems to be going down with no real positive outlook for the future. Even Mr. Bogle has said it is going to be an extended period of l...
by fortfun
Sat Dec 15, 2018 7:08 pm
Forum: Personal Consumer Issues
Topic: Is this a good time to start paying extra on the mortgage?
Replies: 29
Views: 1308

Is this a good time to start paying extra on the mortgage?

It doesn't seem like anyone is painting a rosy picture of the economy/stocks/bonds/CDs anytime in the near future. If you are about five years out from retirement, would this be a good time to start paying extra on the mortgage? I missed out on a 4% CD that I was going to use to pay off the mortgage...
by fortfun
Fri Dec 14, 2018 9:43 pm
Forum: Personal Consumer Issues
Topic: Furnace in rental has issues with out-of-warranty parts, replace or repair?
Replies: 14
Views: 821

Re: Furnace in rental has issues with out-of-warranty parts, replace or repair?

The furnace should last 20 years. I changed the motor in mine for less than $300 (myself). I'd get a second opinion.
by fortfun
Fri Dec 14, 2018 2:32 pm
Forum: Investing - Theory, News & General
Topic: Investing in bonds while you still have a mortgage
Replies: 12
Views: 1208

Re: Investing in bonds while you still have a mortgage

I asked a similar question. It eventually got locked because people were fighting about the answer.
viewtopic.php?f=10&t=248740&hilit=pay+off+mortgage
by fortfun
Fri Dec 14, 2018 10:32 am
Forum: Investing - Help with Personal Investments
Topic: 457 or 401k with Roth Conversion for early withdrawl?
Replies: 5
Views: 351

Re: 457 or 401k with Roth Conversion for early withdrawl?

Due to maxing out DWs tax advantaged space, I'll be cutting back on mine. We hope to retire early and might need access to my tax advantaged savings. Would Bogleheads choose 457 with few/poor choices OR 401k with many/good options and just plan to do Roth conversions? The 457 has Vanguard small & m...
by fortfun
Thu Dec 13, 2018 9:58 am
Forum: Investing - Help with Personal Investments
Topic: 457 or 401k with Roth Conversion for early withdrawl?
Replies: 5
Views: 351

Re: 457 or 401k with Roth Conversion for early withdrawl?

Due to maxing out DWs tax advantaged space, I'll be cutting back on mine. We hope to retire early and might need access to my tax advantaged savings. Would Bogleheads choose 457 with few/poor choices OR 401k with many/good options and just plan to do Roth conversions? The 457 has Vanguard small & m...
by fortfun
Wed Dec 12, 2018 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: 457 or 401k with Roth Conversion for early withdrawl?
Replies: 5
Views: 351

457 or 401k with Roth Conversion for early withdrawl?

Due to maxing out DWs tax advantaged space, I'll be cutting back on mine. We hope to retire early and might need access to my tax advantaged savings. Would Bogleheads choose 457 with few/poor choices OR 401k with many/good options and just plan to do Roth conversions? The 457 has Vanguard small & mi...
by fortfun
Wed Dec 12, 2018 7:53 pm
Forum: Personal Consumer Issues
Topic: Should this doctor pay damages for malpractice?
Replies: 23
Views: 2599

Re: Should this doctor pay damages for malpractice?

No good attorney would probably take this on. Not much money to be made. The dentist probably has some type of insurance that may cover some reasonable costs. Your best bet is probably to call the dentist and explain your disappointment and ask if there is anything they can do to make it right (i.e....
by fortfun
Wed Dec 12, 2018 7:35 pm
Forum: Personal Consumer Issues
Topic: Volkswagen Reliability
Replies: 100
Views: 4664

Re: Volkswagen Reliability

I'm a Toyota guy but my brother had two VWs, one was a Golf, both were in the shop way more than my Toyotas. The engine blew in the Golf at 150k. I like to see 200k before any major problems. He moved on to Subaru.
by fortfun
Wed Dec 12, 2018 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: What percentage of your net worth is your home equity?
Replies: 309
Views: 21682

Re: What percentage of your net worth is your home equity?

Tricky calculation. For me 40%, which seems high because I'm not including my pension (or its cash value). Assuming my wife or I live to 80, the pension should pay out over 2 million. It's 34% if I include the pension's cash value today--which is still high but the home has nearly doubled in value i...
by fortfun
Tue Dec 11, 2018 10:54 pm
Forum: Personal Consumer Issues
Topic: Desktop Computer. All in one or separate? And which one?
Replies: 34
Views: 1906

Re: Desktop Computer.

Bogle7 wrote:
Tue Dec 11, 2018 10:22 pm
Your first decision is which operating system: Windows, MAC OS, Linux.
If you pick Mac OS, then easy decision: 27-inch iMac.
Don't know if I can afford that but sounds nice :)
by fortfun
Tue Dec 11, 2018 9:41 pm
Forum: Personal Consumer Issues
Topic: Desktop Computer. All in one or separate? And which one?
Replies: 34
Views: 1906

Desktop Computer. All in one or separate? And which one?

Considering getting the fam a desktop for some of the "bigger" work we need to complete (some gaming, spreadsheets, photo albums, etc.). All in one or separate CPU and monitor? Seems if one breaks, you are out two expensive devices. Anyone particularly happy with one they own?
by fortfun
Tue Dec 11, 2018 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: UGMA best way to open my childrens' savings accounts at Ally?
Replies: 7
Views: 555

Re: UGMA best way to open my childrens' savings accounts at Ally?

No need to drive anywhere Vanguard Online :happy https://personal.vanguard.com/us/whatweoffer/college/vanguardugmautma?lang=en Review the "Points To Consider" Thanks Toons! I didn't realize it would affect financial aid. I was just hoping for a simple savings account for the kids. Maybe I should ju...
by fortfun
Tue Dec 11, 2018 9:36 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Rep: Don't use target date because you can't time the market.
Replies: 19
Views: 2580

Re: Fidelity Rep: Don't use target date because you can't time the market.

In a phone call this afternoon, a Fidelity rep recommended not using target date funds because they automatically adjust and I wouldn't be able to time the market and rebalance during a dip. Thoughts??? Taxable account or tax advantaged? Tax advantaged. My wife's work indicates they won't add the i...
by fortfun
Tue Dec 11, 2018 2:04 pm
Forum: Investing - Theory, News & General
Topic: Why are Fidelity's Target Date Funds So expensive?
Replies: 16
Views: 1493

Re: Why are Fidelity's Target Date Funds So expensive?

With retirement on the horizon (5-10 years), and all of the market fluctuation, I've become a bit nervous lately. The market always fluctuates. Has there been a time when it did not? No, just paying more attention to it now that we are getting closer to retirement. I'm afraid I'll screw something u...
by fortfun
Mon Dec 10, 2018 11:37 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Rep: Don't use target date because you can't time the market.
Replies: 19
Views: 2580

Re: Fidelity Rep: Don't use target date because you can't time the market.

In a phone call this afternoon, a Fidelity rep recommended not using target date funds because they automatically adjust and I wouldn't be able to time the market and rebalance during a dip. Thoughts??? Ok, first of all, the reason to rebalance during a dip is not to time the market, the reason is ...
by fortfun
Mon Dec 10, 2018 10:53 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Rep: Don't use target date because you can't time the market.
Replies: 19
Views: 2580

Fidelity Rep: Don't use target date because you can't time the market.

In a phone call this afternoon, a Fidelity rep recommended not using target date funds because they automatically adjust and I wouldn't be able to time the market and rebalance during a dip. Thoughts???
by fortfun
Mon Dec 10, 2018 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: UGMA best way to open my childrens' savings accounts at Ally?
Replies: 7
Views: 555

Re: UGMA best way to open my childrens' savings accounts at Ally?

btenny wrote:
Mon Dec 10, 2018 10:28 pm
Forget the UGMA for your kid. I found it troublesome and it goofed up what my kid could get as financial aid. Schools said they had all this money that had to be spent first. So just save for them in your name.
Good luck.
That's what I'm beginning to think...
by fortfun
Mon Dec 10, 2018 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: UGMA best way to open my childrens' savings accounts at Ally?
Replies: 7
Views: 555

Re: UGMA best way to open my childrens' savings accounts at Ally?

No need to drive anywhere Vanguard Online :happy https://personal.vanguard.com/us/whatweoffer/college/vanguardugmautma?lang=en Review the "Points To Consider" Thanks Toons! I didn't realize it would affect financial aid. I was just hoping for a simple savings account for the kids. Maybe I should ju...
by fortfun
Mon Dec 10, 2018 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: UGMA best way to open my childrens' savings accounts at Ally?
Replies: 7
Views: 555

UGMA best way to open my childrens' savings accounts at Ally?

Better options? Charles Schwab has a local branch, maybe that would be preferable for depositing cash???
by fortfun
Mon Dec 10, 2018 8:54 pm
Forum: Investing - Help with Personal Investments
Topic: Is this a reasonable AA for someone retiring in 5 to 10 years?
Replies: 8
Views: 736

Re: Is this a reasonable AA for someone retiring in 5 to 10 years?

ruralavalon wrote:
Mon Dec 10, 2018 8:09 pm
fortfun wrote:
Mon Dec 10, 2018 7:20 pm
. . . . .
Thanks Rural & nice avatar! . . . . .
That is the view from the condo we used on vacation for many years, West Maui looking across Pailolo Channel toward Molokai.
Not bad!
by fortfun
Mon Dec 10, 2018 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: Employer's Response: 401K Choices
Replies: 26
Views: 1994

Re: EMPLOYER'S RESPONSE: 401K Choices

This article has:

T Rowe Price 1. (high er)
American Funds 2. (high er)
Vanguard 3. (low er)

Looking at 2020.
https://www.financial-planning.com/slid ... st-returns
by fortfun
Mon Dec 10, 2018 7:38 pm
Forum: Personal Consumer Issues
Topic: Need recommendation for new washing machine
Replies: 45
Views: 2360

Re: Need recommendation for new washing machine

I just bought a used Maytag washer dryer set on Facebook market place for $100. Changed the belt on the dryer and they are like new (probably 25 years old though). If you think you can do some basic maintenance, it's hard to beat the OLD Maytags (pre 1990), plus the price is great! BTW-I am constant...
by fortfun
Mon Dec 10, 2018 7:33 pm
Forum: Personal Consumer Issues
Topic: Attic insulation-R30 to R60 worth it?
Replies: 33
Views: 3159

Re: Attic insulation-R30 to R60 worth it?

Keep her door open and continuously run the furnace fan on the lowest speed. The temperature in her room should eventually even out as long as there are the proper number of supply and return vents. Of course good curtains and sealing the leaks are prerequisites to this. Fleece PJs and a down comfor...
by fortfun
Mon Dec 10, 2018 7:21 pm
Forum: Investing - Help with Personal Investments
Topic: Is this a reasonable AA for someone retiring in 5 to 10 years?
Replies: 8
Views: 736

Re: Is this a reasonable AA for someone retiring in 5 to 10 years?

galeno wrote:
Mon Dec 10, 2018 6:27 pm
Age in bonds = conservative

Age -10 in bonds = moderate

Age - 20 in bonds = aggressive

You should be 55/45 at your ages. If you want to stay conservative.
Thanks Galeno.
by fortfun
Mon Dec 10, 2018 7:20 pm
Forum: Investing - Help with Personal Investments
Topic: Is this a reasonable AA for someone retiring in 5 to 10 years?
Replies: 8
Views: 736

Re: Is this a reasonable AA for someone retiring in 5 to 10 years?

Will you also receive Social Security benefits? If so how much? Do you have any debt? If so what types, amounts and interest rates? Getting ready to change new contributions. How does this look for a couple getting ready to retire in five to ten years? I will have a 65k/yr pension with 1.5% COLA th...
by fortfun
Mon Dec 10, 2018 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Is this a reasonable AA for someone retiring in 5 to 10 years?
Replies: 8
Views: 736

Re: Is this a reasonable AA for someone retiring in 5 to 10 years?

galeno wrote:
Mon Dec 10, 2018 6:19 pm
30/70 has the best risk/return efficiency and thus it's the favorite AA for retirees.

Why don't you hold your "age in bonds" and glide towards retirement? It's an easy no-brainer.
That's why I'm asking :)

Not too far off (45 & 47). Just wasn't sure if that was too conservative.
by fortfun
Mon Dec 10, 2018 6:15 pm
Forum: Investing - Help with Personal Investments
Topic: Is this a reasonable AA for someone retiring in 5 to 10 years?
Replies: 8
Views: 736

Is this a reasonable AA for someone retiring in 5 to 10 years?

Getting ready to change new contributions. How does this look for a couple getting ready to retire in five to ten years? I will have a 65k/yr pension with 1.5% COLA that will cover our living expenses in five years. Going for a 1.1M portfolio (700k now + 425k new, assumes 0% growth) over the next 5 ...
by fortfun
Mon Dec 10, 2018 4:14 pm
Forum: Investing - Theory, News & General
Topic: Why are Fidelity's Target Date Funds So expensive?
Replies: 16
Views: 1493

Re: Why are Fidelity's Target Date Funds So expensive?

With retirement on the horizon (5-10 years), and all of the market fluctuation, I've become a bit nervous lately. The market always fluctuates. Has there been a time when it did not? No, just paying more attention to it now that we are getting closer to retirement. I'm afraid I'll screw something u...
by fortfun
Mon Dec 10, 2018 3:57 pm
Forum: Investing - Theory, News & General
Topic: Why are Fidelity's Target Date Funds So expensive?
Replies: 16
Views: 1493

Re: Why are Fidelity's Target Date Funds So expensive?

With retirement on the horizon (5-10 years), and all of the market fluctuation, I've become a bit nervous lately. The market always fluctuates. Has there been a time when it did not? No, just paying more attention to it now that we are getting closer to retirement. I'm afraid I'll screw something u...
by fortfun
Mon Dec 10, 2018 3:36 pm
Forum: Investing - Theory, News & General
Topic: Why are Fidelity's Target Date Funds So expensive?
Replies: 16
Views: 1493

Re: Why are Fidelity's Target Date Funds So expensive?

I believe Fidelity has active and passive managed Target Date Funds. I believe the passive ones (what Boglehead philosophy would suggest) include the word "Index" in the name and the active do not. Thanks Moto. Sadly, it only appears that the managed ones are available in my wife's 403 and Defined ...
by fortfun
Mon Dec 10, 2018 2:57 pm
Forum: Investing - Theory, News & General
Topic: Why are Fidelity's Target Date Funds So expensive?
Replies: 16
Views: 1493

Re: Why are Fidelity's Target Date Funds So expensive?

I've decided that I'm not great at re-balancing but the target date funds at Fidelity come with high ERs. Am I missing something? I believe Fidelity has active and passive managed Target Date Funds. I believe the passive ones (what Boglehead philosophy would suggest) include the word "Index" in the...
by fortfun
Mon Dec 10, 2018 2:16 pm
Forum: Investing - Theory, News & General
Topic: Why are Fidelity's Target Date Funds So expensive?
Replies: 16
Views: 1493

Re: Why are Fidelity's Target Date Funds So expensive?

I've decided that I'm not great at re-balancing but the target date funds at Fidelity come with high ERs. Am I missing something? I believe Fidelity has active and passive managed Target Date Funds. I believe the passive ones (what Boglehead philosophy would suggest) include the word "Index" in the...
by fortfun
Mon Dec 10, 2018 2:10 pm
Forum: Investing - Theory, News & General
Topic: Why are Fidelity's Target Date Funds So expensive?
Replies: 16
Views: 1493

Why are Fidelity's Target Date Funds So expensive?

I've decided that I'm not great at re-balancing but the target date funds at Fidelity come with high ERs. Am I missing something?