Search found 103 matches

by smitty1515
Wed Jun 13, 2018 9:59 pm
Forum: Personal Consumer Issues
Topic: Does anyone use Imperfect Produce?
Replies: 9
Views: 1114

Re: Does anyone use Imperfect Produce?

How do their prices compare to Aldi produce prices? I’ve often felt Aldi ascribes to a similar model although I haven’t validated the theory yet.
by smitty1515
Tue Mar 27, 2018 8:38 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 84
Views: 13531

Re: Dave Ramsey spends two segments on his investing advice

The Ramsey plan helped us create the plan to pay off 50k in non-mortgage debt (using the debt snowball method) in 13 months. Before I ever heard of DR, I unknowingly used the snowball method to pay off my small credit card bills of a few hundred dollars that were merely a nuisance. But once I got t...
by smitty1515
Tue Mar 27, 2018 6:53 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 84
Views: 13531

Re: Dave Ramsey spends two segments on his investing advice

At my church the DR Financial Peace is heavily promoted. I have never attended, didn’t want to spend the $100 for class materials. Anyhow people on this forum would be horrified to hear many of the stories of how badly people handle their money. I would totally agree DR gets many folks going the ri...
by smitty1515
Tue Mar 27, 2018 6:26 pm
Forum: Personal Consumer Issues
Topic: Not going to be buying chicken for a while...
Replies: 65
Views: 9424

Re: Not going to be buying chicken for a while...

We buy a few Sams club rotisserie chickens per week and shred them up for salads, tacos, etc. I've not seen any stripes or had "odd" tastes.
by smitty1515
Fri Mar 23, 2018 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: What Budget? Do you keep one?
Replies: 116
Views: 7810

Re: What Budget? Do you keep one?

We budget every month.

I’m a Ramsey disciple who follows his budget and anti debt advice but deviates to BHs for investment advice. I consider this hybrid to be pretty stellar.
by smitty1515
Fri Mar 23, 2018 4:42 pm
Forum: Personal Consumer Issues
Topic: What would you do with this car?
Replies: 37
Views: 2947

Re: What would you do with this car?

160k for a box with wheels?! If I was you I’d take it to the MB dealership and see what they have to say. The depreciation seems insane. Best of luck.
by smitty1515
Sun Mar 04, 2018 6:45 pm
Forum: Investing - Help with Personal Investments
Topic: dad insists on gifting me all his money- help!
Replies: 23
Views: 4468

Re: dad insists on gifting me all his money- help!

Well, if he is of sound mind and wants to give you money, so be it. He can do what he wants with his money. However, if he is simply trying to transfer assets to get Medicaid to pay for LTC it gets a lot more complicated. For one, a medicaid paid facility and room can be subpar to one that you can ...
by smitty1515
Sun Mar 04, 2018 6:24 pm
Forum: Personal Consumer Issues
Topic: $500 gift card, what to do?
Replies: 42
Views: 3308

Re: $500 gift card, what to do?

You could sell on giftcardgranny.com. I have purchased cards on there in the past and it’s been reputable in my experience.
by smitty1515
Sun Feb 18, 2018 8:06 am
Forum: Personal Consumer Issues
Topic: Minnesota lake resorts summer 2018
Replies: 32
Views: 2530

Re: Minnesota lake resorts summer 2018

nordsteve wrote:
Sat Feb 17, 2018 10:41 pm
If you’re looking at Grand View then also check out Maddens.

MN lifer here and this thread has many great suggestions.
Agree, I’d add Craguns to the list too!
by smitty1515
Sat Feb 17, 2018 9:17 pm
Forum: Personal Consumer Issues
Topic: Minnesota lake resorts summer 2018
Replies: 32
Views: 2530

Re: Minnesota lake resorts summer 2018

Grand view lodge in Nisswa is awesome. There are many included amenities and Gull Lake is a fun place.

We’ve also done Breezy Point on Pelican Lake but had more fun at GVL.
by smitty1515
Sat Feb 10, 2018 4:34 pm
Forum: Personal Consumer Issues
Topic: Jogging in the cold.
Replies: 50
Views: 3957

Re: Jogging in the cold.

Avid runner here. Live in MN and I run 12 mo a year. My cut off is ~ -10 deg windchill to use a treadmill. I ran this morning at -5 deg windchill with the following gear. Safety - first of all you need lights if you run prior to dawn or after sundown. I wear a headlamp, wrist lights, and reflective ...
by smitty1515
Mon Jan 01, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey's voice is in my head...(Updated 12/31/2017)
Replies: 101
Views: 15939

Re: Dave Ramsey's voice is in my head...(Updated 12/31/2017)

Good to read this because I also am a DR fan. I facilitate FPU at church however when it comes to investing I follow Bogleheads approach of using low cost mutual funds. I deviate from Bogleheads approach and take the Dave Ramsey 100% equity AA so I guess you could call me a true hybrid. I'm very pro...
by smitty1515
Sun Dec 24, 2017 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: FY17 Final, Personal Savings Rate
Replies: 26
Views: 2617

Re: FY17 Final, Personal Savings Rate

51%

Method used is gross pay subtracting Federal, State, and FICA tax.
by smitty1515
Sun Nov 19, 2017 3:16 pm
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 94
Views: 7105

Re: How much do you budget for vacation?

$3-4K per year.
by smitty1515
Wed Nov 15, 2017 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Why pay cash for a car?
Replies: 227
Views: 25983

Re: Why pay cash for a car?

Not true for all but here’s why I’m a proponent of paying cash for vehicles.

The simple reason is to prevent overspending. Of course financing at 0% on paper is the right move however how many thousands if not tens of thousands of dollars are consumers adding to their purchase by not paying cash?
by smitty1515
Wed Oct 04, 2017 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: Minnesota 529
Replies: 4
Views: 548

Re: Minnesota 529

The deduction is not for MN 529 only. Here’s info on the law.

http://www.dorvalchorne.com/blog/new-mi ... tributions
by smitty1515
Wed Oct 04, 2017 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: How much term life insurance is enough?
Replies: 11
Views: 1222

Re: How much term life insurance is enough?

I think it is reasonable and should be cheap if you go to an INDEPENDENT agent to shop various companies for a good TERM insurance with a well-rated company for 20-30 years. It is possible but unlikely that your affiliated company is a good price. Check term4sale.com for a quick check on what is av...
by smitty1515
Wed Oct 04, 2017 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: How much term life insurance is enough?
Replies: 11
Views: 1222

How much term life insurance is enough?

I must be transparent that my wife and I sat down with a financial adviser. I did not go out looking for one but know someone at church who left a corporate job to enter into the industry for a faith based financial organization based out of the upper midwest. About a month ago he asked if we would ...
by smitty1515
Wed Sep 27, 2017 8:34 pm
Forum: Personal Consumer Issues
Topic: Is the new Chevy Equinox any good?
Replies: 59
Views: 7262

Re: Is the new Chevy Equinox any good?

2011 Equinox owner here. Have 100k miles. Overall, very little issues other than routine items to be expected. My folks have a CRV and the interior and comfort of the Equinox is better. The CRV is better for driving and likely more reliable. I almost purchased a 2017 Equinox a few months ago because...
by smitty1515
Sun Sep 03, 2017 8:26 pm
Forum: Personal Consumer Issues
Topic: Pork shoulder on Weber E-310: Best practices?
Replies: 37
Views: 3092

Re: Pork shoulder on Weber E-310: Best practices?

I did a pork butt today on my green egg. 275 for 8 hrs. Wrapped it at 160 and pulled at 200. Wrapped it in towels and put it in a cooler to soak the juices. Turned out awesome!
by smitty1515
Sun Aug 27, 2017 9:42 am
Forum: Personal Consumer Issues
Topic: New 2017 CRV Owners: want to compare notes?
Replies: 7
Views: 1525

Re: New 2017 CRV Owners: want to compare notes?

Considered one but was discouraged by the CVT. I guess I am old school. CVTs work fine in snowmobiles and ATVs but I still prefer gears in cars. Ended up with a Chevy Equinox in same price range. 2017 or 2018? We have a 2011 Equinox 2 LT approaching 100k miles. Almost traded it in and got a 17 a fe...
by smitty1515
Wed Jul 26, 2017 6:30 pm
Forum: Personal Consumer Issues
Topic: Is a kamado grill/smoker worth it?
Replies: 28
Views: 4668

Re: Is a kamado grill/smoker worth it?

I was given a medium sized big green egg from my parents. They did not like the length of time it took to cook on it and settled with a propane grill. I have been cooking on it for 2 months and I've smoked chicken, pork ribs, pork butt, and used it for grilling. It is older so I've had to put a litt...
by smitty1515
Tue Jun 27, 2017 6:16 pm
Forum: Personal Consumer Issues
Topic: Luxury Car
Replies: 109
Views: 13055

Re: Luxury Car

You've made it - you're in the 2 Comma Club or close to it. Suze Orman says you can afford it with flying colors. You've made up your mind and you're definitely going to pull the trigger. What luxury vehicle do you own or would like to own or would you purchase that is in the $80K to $130K range ne...
by smitty1515
Fri Jun 09, 2017 8:15 am
Forum: Personal Consumer Issues
Topic: New Construction Buying Advice
Replies: 24
Views: 2723

Re: New Construction Buying Advice

A couple of things. 1.) Things can go wrong. Do not assume buying new construction = worry free living. 2.) Hire an independent inspector prior to closing on the home. I would be happy to answer any of your questions and I would not dissuade you from buying new construction but do realize you are a ...
by smitty1515
Sat Jun 03, 2017 10:53 am
Forum: Investing - Theory, News & General
Topic: Simulators, Reality, and Motiviation to Stay the Course
Replies: 13
Views: 1762

Simulators, Reality, and Motiviation to Stay the Course

Good morning (or afternoon/evening depending on when you read this), Before I get to my question a little bit about us. We are 34/35 and in the accumulation phase. We budget monthly, invest in a diversified portfolio of index funds, and believe the action steps we are putting in place right now will...
by smitty1515
Thu Jun 01, 2017 9:01 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1857
Views: 339671

Re: What are you up YTD? [Year To Date]

8%

Been interesting to watch
by smitty1515
Mon May 22, 2017 7:23 pm
Forum: Personal Consumer Issues
Topic: To auto loan or not to auto loan?
Replies: 23
Views: 2214

Re: To auto loan or not to auto loan?

Pay in cash. You can afford to do it.
by smitty1515
Sun May 14, 2017 4:28 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1857
Views: 339671

Re: What are you up YTD? [Year To Date]

6.3% So far, so good.
by smitty1515
Thu May 11, 2017 8:13 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's ELP's pay him to not understand investment fees
Replies: 24
Views: 3313

Re: Dave Ramsey's ELP's pay him to not understand investment fees

I have led FPU classes at our church and taken a class through Ramsey Solutions to become a "financial coach". I have been active with FPU and also sit down 1:1 with struggling families in our congregation. When my wife and I got serious about personal finance we had a student loan, car, and house p...
by smitty1515
Mon May 08, 2017 8:01 pm
Forum: Investing - Theory, News & General
Topic: Financial Literacy
Replies: 27
Views: 2875

Re: Financial Literacy

81% here. At 35 yo there were a few questions I'm well versed on.
by smitty1515
Sat May 06, 2017 3:25 pm
Forum: Local Chapters and Bogleheads Community
Topic: Minnesota Bogleheads Meet May 6, 2017
Replies: 18
Views: 3387

Re: Minnesota Bogleheads Meet May 6, 2017

Thank you to everyone who put together the meeting. Ken's presentation was very interesting and a great discussion. I also enjoyed my time in the health and leisure breakout session afterwards.

Ryan
by smitty1515
Fri Apr 14, 2017 4:28 pm
Forum: Personal Consumer Issues
Topic: Shingle concerns with relatively new build *updated 4/14
Replies: 22
Views: 2991

Re: Shingle concerns with relatively new build *updated 3/17 in the bottom of original post

Here is the update: I contacted the Minnesota Dept of Labor and found out there was a labor fund put in place for faulty work. The kicker is you had to win a law suit to tap into it. I called 3 lawyers after I started this post and not one of them would look at my document without charging $300 per ...
by smitty1515
Sat Apr 08, 2017 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: I have a car loan. Can I pay off the loan without penalty?
Replies: 28
Views: 3119

Re: I have a car loan. Can I pay off the loan without penalty?

I would call the company you financed the car through to check into it. It's no big deal either way. If there is no pre-payment fee, pay it off now. If there is, take the discount, and pay it off on the 91st day.
by smitty1515
Sun Apr 02, 2017 6:19 am
Forum: Personal Finance (Not Investing)
Topic: Saving 50% of salary; what does it really mean?
Replies: 142
Views: 13894

Re: Saving 50% of salary; what does it really mean?

This thread has been a great read. I've seen folks saying gross, gross - taxes, net, adding their retirement contributions, etc.

I suppose we are not getting an established BH gold standard when it comes to % of savings...
by smitty1515
Fri Mar 31, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Saving 50% of salary; what does it really mean?
Replies: 142
Views: 13894

Re: Saving 50% of salary; what does it really mean?

We save 47% of gross minus taxes at 140k per year.

We are 34/35 and hope to be able to increase this going forward.
by smitty1515
Thu Mar 23, 2017 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Vehicles as a percentage of net worth
Replies: 102
Views: 9281

Re: Vehicles as a percentage of net worth

Is it really that much of a sin to borrow money to pay for a car? I almost always qualify for a <2% loan, sometimes even 0% for x number of months. Wouldn't that be worth it? I'm sure others differ but my opinion is to try and pay cash and if you can't comfortably pay it off in 12-24 mo then don't ...
by smitty1515
Wed Mar 22, 2017 7:50 pm
Forum: Investing - Theory, News & General
Topic: The $1,124,176 Car.
Replies: 99
Views: 11445

Re: The $1,124.176 Car.

Taylor, Thank you for posting this. You posted in the thread I created earlier re: car as a % of NW. Just so you know, I consider you a rock star around here and feel honored when you reply to my posts :). Thanks for the great information. I agree with your sentiment in this post. There is no other ...
by smitty1515
Wed Mar 22, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Vehicles as a percentage of net worth
Replies: 102
Views: 9281

Re: Vehicles as a percentage of net worth

I consider Cars in my Net Worth. I use Edmunds.com as a guide for approx. value. I do not include household items (TV, Furniture) in my Net Worth. Now I do have 4 cars - 2- 2005's, 1- 2007 all worth about $11-12K and a 2010 worth more than the other 3 combined. :D I'm the same way. I figure anythin...
by smitty1515
Wed Mar 22, 2017 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Vehicles as a percentage of net worth
Replies: 102
Views: 9281

Vehicles as a percentage of net worth

Hey fellow BH's. We currently have vehicles that are 6 and 8 yrs old and approaching 100k miles. I hope to get 10 years out of each prior to replacing them and we are starting to put a plan in place so in 2018-19 we can pay cash for the 09's replacement. Do any of you have a rule re: how much $ you ...
by smitty1515
Tue Mar 21, 2017 9:11 pm
Forum: Investing - Theory, News & General
Topic: What % of your income have you converted to wealth?
Replies: 136
Views: 20767

Re: What % of your income have you converted to wealth?

47%

I'll take it!

8 years of data. Age 34/35
by smitty1515
Fri Mar 17, 2017 8:40 pm
Forum: Personal Consumer Issues
Topic: Shingle concerns with relatively new build *updated 4/14
Replies: 22
Views: 2991

Re: Shingle concerns with relatively new build *updated 3/17 in the bottom of original post

I have submitted an inquiry online to attorneys in the Minneapolis and St. Paul metro that deal with new construction issues. I am hoping for a free consultation where i can find out their advice which includes whether I should generate the letter to Pulte or they should, how much in legal fees I co...
by smitty1515
Thu Mar 16, 2017 5:23 am
Forum: Personal Consumer Issues
Topic: Shingle concerns with relatively new build *updated 4/14
Replies: 22
Views: 2991

Re: Shingle concerns with relatively new build

tacster wrote:Were the shingles not nailed down? Also, can't quite tell but it looks like there are no gutters - true?
Shingles were nailed down. I have some that fell off in my garage and there are 4-5 holes per shingle.

On the front the gutters are over the porch below that part of roof.
by smitty1515
Wed Mar 15, 2017 8:16 pm
Forum: Personal Consumer Issues
Topic: Shingle concerns with relatively new build *updated 4/14
Replies: 22
Views: 2991

Re: Shingle concerns with relatively new build

I think you did the right thing getting Tamco involved and I'll guess that they will tell you they were improperly installed. Of course any good roofer can take a look and tell you why the shingles are lifting. I wouldn't mess with the sub that installed and repaired the shingles - he's got no ince...
by smitty1515
Wed Mar 15, 2017 5:59 pm
Forum: Personal Consumer Issues
Topic: Shingle concerns with relatively new build *updated 4/14
Replies: 22
Views: 2991

Shingle concerns with relatively new build *updated 4/14

Hello, I would appreciate any ideas on how I approach this situation. In Feb of 2015 we closed on a new home. I went back and forth on buying new but my thought was my wife really fell in love with this layout, neighborhood, school district, and I liked the idea of just living for 10-15 years before...
by smitty1515
Sun Mar 12, 2017 5:07 pm
Forum: Investing - Help with Personal Investments
Topic: American Funds versus Vanguard S and P 500
Replies: 30
Views: 4898

Re: American Funds versus Vanguard S and P 500

Highly likely they aren't including front end load or higher ER than VGs SP500 fund. There was a recent thread on this and one must read the fine print bc AF is not being transparent until reading fine print....
by smitty1515
Sat Mar 11, 2017 11:02 pm
Forum: Personal Consumer Issues
Topic: 2017 Honda CRV: anyone shopping or buying?
Replies: 26
Views: 5806

Re: 2017 Honda CRV: anyone shopping or buying?

Just out of curiosity I went on True Car today and put in a pseudo phone number but included one of my email addresses. I've been kicking around the idea of getting a CRV and here is the offer that was made to me. I think I'm going to pass but based on a little research I've done it looks pretty sol...
by smitty1515
Sat Mar 11, 2017 3:44 pm
Forum: Personal Consumer Issues
Topic: Cuttting the cable tv negotiation & the scam
Replies: 33
Views: 4198

Re: Cuttting the cable tv negotiation & the scam

"In broadcast television, cord-cutting refers to the pattern of viewers (referred to as cord cutters) cancelling their subscriptions to multichannel subscription television services available over cable, dropping expensive pay television channels or reducing the number of hours of subscription TV v...
by smitty1515
Wed Mar 08, 2017 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 188
Views: 23831

Re: How Much in Your Emergency Fund And Is It Used?

30k

It's used only to avoid taking out debt i.e. House repair, car purchase, car repair.

We have 6 mo of expenses and consider this solid. Right now we are paying ourself $400/mo for a car payment and routing the rest into investments and paying down our mortgage.