Search found 705 matches

by Slacker
Mon Jun 10, 2019 10:44 am
Forum: Personal Finance (Not Investing)
Topic: W/O comp and collision, how does reimbursement from a not at fault accident work?
Replies: 20
Views: 1252

Re: W/O comp and collision, how does reimbursement from a not at fault accident work?

If you have uninsured/underinsured motorist coverage on your policy, then your insurance will pay for the damages when the at-fault party either has no insurance or doesn’t have enough (they cause damage higher than their coverage limits). Check with your insurance company for the state you reside ...
by Slacker
Fri May 24, 2019 3:24 pm
Forum: Personal Consumer Issues
Topic: Prius Prime plug in
Replies: 22
Views: 2040

Re: Prius Prime plug in

I find our Prius Prime seats (faux leather) to be just fine on 4hr drives (which I rarely do, more likely to do a 2.5hr drive to the beach). Long car drives usually give me low back pain in most cars. The Prius Prime is a little better in this regard with the adjustable lumbar support. I don't know ...
by Slacker
Wed May 22, 2019 10:57 am
Forum: Personal Consumer Issues
Topic: Inexpensive way to gain weight
Replies: 54
Views: 2322

Re: Inexpensive way to gain weight

Probably one of the key things that you need to do (and for anyone that is trying to gain weight or lose weight) is to LOG EVERYTHING you eat! Most heavier people eat more than they think and most skinny people eat a lot less than they think. Write it all down for at least a week while monitoring yo...
by Slacker
Tue May 21, 2019 5:41 pm
Forum: Personal Investments
Topic: Federal Gov't Early Retirement?
Replies: 52
Views: 4399

Re: Federal Gov't Early Retirement?

You don't need to be 60/62 to continue FEHB insurance. You DO need to be drawing the pension. Therefore, if you wish to maintain FEHB you MUST take an early (reduced) pension. This means that you must have at least 10 years of service (requirement for Early pension at your calculated minimum retirem...
by Slacker
Fri May 17, 2019 9:40 am
Forum: Personal Consumer Issues
Topic: Bigger car, less economical but more safe.. Get used to smaller car over time?
Replies: 106
Views: 7150

Re: Bigger car, less economical but more safe.. Get used to smaller car over time?

In any case the largest single variables affecting risk in auto accidents are driver behavior*, which is under your control, and exposure in miles in a vehicle per year, which is also under a person's control to a degree. *alcohol/drug use, distracted driving, fatigue, reckless driving, inattention...
by Slacker
Tue May 14, 2019 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Situation for 28 year old
Replies: 16
Views: 1325

Re: Mortgage Situation for 28 year old

First, you aggressively paid down your mortgage. Now, you want to turn 12 years of payments into 30 years. I believe you need to take some time to think about what your goals are and how you plan to get there along with what is your comfort zone. It looks like you at one point placed a high value on...
by Slacker
Fri Apr 26, 2019 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Do Joint Accounts Matter if Spouse Stays Home with the Kids?
Replies: 31
Views: 2354

Re: Do Joint Accounts Matter if Spouse Stays Home with the Kids?

If after all bills are paid and the spouse's IRA is fully funded, you simply divide the remainder in 1/2 and provide one half to your spouse's personal account I don't see much wrong with keeping separate accounts. Seems to me that when both spouses earn around the same amount that you would be less...
by Slacker
Fri Apr 26, 2019 8:35 am
Forum: Personal Investments
Topic: 2,000,000. Now what?
Replies: 45
Views: 9423

Re: 2,000,000. Now what?

Hello I am 30 years old and my wife is 26. VOO = 1,800,000 Vanguard prime = 120,000 cash = 80,000 Investment rental #1 = $90,000 value/60,000 owed Investment rental #2 = $90,000 value/60,000 owed Investment rental #3 = $245,000 value/180,000 owed Investment rental #4 = $125,000 paid off We both als...
by Slacker
Fri Apr 26, 2019 8:32 am
Forum: Personal Investments
Topic: 2,000,000. Now what?
Replies: 45
Views: 9423

Re: 2,000,000. Now what?

Wow, Congrats! You must have been investing a ton every year to now have $2M in 9 short years!? I would work only as much as I wanted to. Sometimes starting a business requires a lot of hours, is that what you want to do? Or may be, just may be, OP started with 1.5M at age 21 ?? Not by their previo...
by Slacker
Fri Apr 26, 2019 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Whats the Point of Climbing the Corporate Ladder?
Replies: 164
Views: 17056

Re: Whats the Point of Climbing the Corporate Ladder?

I look for challenges in the next engineering problem to solve. I've made the move to management before. It was horrible for me (despite the additional pay), because the job became very boring. Solving the technical questions at the individual level was more exciting for me as opposed to directing a...
by Slacker
Wed Apr 24, 2019 8:44 pm
Forum: Personal Consumer Issues
Topic: When is it worth it, and not, to live in a (very) high COL region?
Replies: 31
Views: 2633

Re: When is it worth it, and not, to live in a (very) high COL region?

So when is it not worth it to live in a very HCOL region? I would think if: 1. You don't really visit your family that often (only holidays, birthdays). Easy enough to fly/drive in from a nearby lower cost area for such infrequent get togethers. 2. You can get paid reasonably similar to what you get...
by Slacker
Fri Apr 19, 2019 11:10 am
Forum: Personal Finance (Not Investing)
Topic: The reality of borrowing from your 401k for home mortgage
Replies: 48
Views: 3269

Re: The reality of borrowing from your 401k for home mortgage

Want to add another factor I just heard on NPR: You don't currently know where your fiancee will be working. The NPR podcast claimed going from no commute to a 1 hour commute is the equivalent negative effect on happiness as suddenly becoming unemployed. Based on this, perhaps you need to wait so yo...
by Slacker
Fri Apr 19, 2019 11:07 am
Forum: Personal Finance (Not Investing)
Topic: The reality of borrowing from your 401k for home mortgage
Replies: 48
Views: 3269

Re: The reality of borrowing from your 401k for home mortgage

Wait for wedding and fiancee to have an actual job. Meanwhile keep saving.

27 is still young for buying a house.

5% downpayment -> make sure you add PMI into your monthly housing cost.
by Slacker
Tue Apr 16, 2019 8:19 am
Forum: Personal Consumer Issues
Topic: seriously thinking about leaving S. CA but where to?
Replies: 177
Views: 10199

Re: seriously thinking about leaving S. CA but where to?

Had a call back from the Arizona realtor. Based on my preference for the least hottest area and low crime, she suggested Flagstaff, Prescott or Scottsdale. But the nasty scorpions are indigenous of AZ.... Looking at Henderson and Summerlin but not sure if I can live there during the summer months. ...
by Slacker
Mon Apr 08, 2019 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: How Much Term Life Insurance?
Replies: 56
Views: 3307

Re: How Much Term Life Insurance?

So if I understand correctly: Him: 140K income Her: 48K income Expenses: 40K Debt: 0 (paid off house) 529 plans: $20K each child Liquid assets: $1.6M (approx) with $1M in Taxable accounts Lets say He passes away...and she maintains her job -> all expenses could be met without touching assets. Colleg...
by Slacker
Mon Apr 08, 2019 8:30 am
Forum: Personal Consumer Issues
Topic: Should I regularly replace the water filter in the fridge?
Replies: 50
Views: 4162

Re: Should I regularly replace the water filter in the fridge?

If your tap water tastes good, then there is zero reason to use a filter in your refrigerator, unless it won't operate without one. You can't taste stuff such as PFOA and PFOS that may be in your drinking water from the tap. An activated carbon filter (such as refrigerator filters have) can remove ...
by Slacker
Sat Apr 06, 2019 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Is our household budget crazy?
Replies: 141
Views: 11884

Re: Is our household budget crazy?

Aldi does have great prices... My wife thinks they are gross though, so I have to be very selective about what I get there. For example, something about their chicken breasts tend to have more scar tissue or other little tougher areas vs getting chicken breasts at the local Kroger branded store. On ...
by Slacker
Wed Apr 03, 2019 10:10 pm
Forum: Personal Consumer Issues
Topic: Best enhancement for folks who work from home
Replies: 42
Views: 4115

Re: Best enhancement for folks who work from home

Bob Sacamano wrote:
Tue Apr 02, 2019 9:09 am
those that work from home frequently, what field are you in?
Engineering / Legal
by Slacker
Wed Apr 03, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Considerations for Rent v Buying for 4-year stay
Replies: 16
Views: 1338

Re: Considerations for Rent v Buying for 4-year stay

... And this is before we account for closing cost on buying and commission when selling (so another $24k for each)... Purchasing closing costs are going to be nowhere near $24,000...even if you are using a VA loan, on your second home and paying the entire funding fee ahead of time. Try closer to ...
by Slacker
Mon Apr 01, 2019 10:17 am
Forum: Personal Consumer Issues
Topic: Best enhancement for folks who work from home
Replies: 42
Views: 4115

Re: Best enhancement for folks who work from home

Our home office (full time teleworker): Plenty of windows with great natural light. Dual monitors Sit/stand desks with treadmill and comfy chairs A couch and separate table from our desks Easy access to kitchen Separation from most of the rest of the living areas Gigabit fiber internet Standard Cisc...
by Slacker
Mon Apr 01, 2019 7:02 am
Forum: Investing - Theory, News & General
Topic: What is the Boglehead opinion of the inverted yield curve?
Replies: 63
Views: 5181

Re: What is the Boglehead opinion of the inverted yield curve?

Here are the past 7 instances of when the yield curve inverted. In general, what is the Boglehead opinion of the inverted yield curve as an accurate predictor of economic downturn? Keep in mind that the *claim* is that the yield curve needs to be inverted for an entire quarter before it predicts a ...
by Slacker
Sat Mar 30, 2019 10:51 am
Forum: Personal Consumer Issues
Topic: I drive 8000 miles a year, what car do you recommend?
Replies: 39
Views: 3353

Re: I drive 8000 miles a year, what car do you recommend?

Reading between the lines, I'm going to assume driving dynamics and luxury are low priorities for you, and that practicality and value are your priorities. Is an lower range, all electric an option for you? If so there are great deals to be had on Nissan Leafs. I've been driving one for 4.5 years a...
by Slacker
Fri Mar 29, 2019 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Anybody else get a huge tax increase due to SALT deduction changes?
Replies: 101
Views: 7178

Re: Anybody else get a huge tax increase due to SALT deduction changes?

Eric76 wrote:
Thu Mar 28, 2019 10:31 pm
Move to Florida. :D
cookymonster wrote:
Thu Mar 28, 2019 10:33 pm
As above. Vote with your feet.
Funny thing to say, since the overwhelming majority of "I want to move to X state" threads invariably have the first few posts remarking on not letting the tax rate be a top reason to move.
by Slacker
Thu Mar 28, 2019 10:49 pm
Forum: Personal Consumer Issues
Topic: I drive 8000 miles a year, what car do you recommend?
Replies: 39
Views: 3353

Re: I drive 8000 miles a year, what car do you recommend?

I suggest you check out the new Corolla Hybrid: https://www.toyota.com/corollahybrid/ I think it looks better than all current models of the Prius. There are a couple "gee-whiz" features available on the Prius that the Corolla lacks. Nothing ground breaking but still useful/desirable for some: Heat...
by Slacker
Thu Mar 28, 2019 10:36 pm
Forum: Personal Consumer Issues
Topic: I drive 8000 miles a year, what car do you recommend?
Replies: 39
Views: 3353

Re: I drive 8000 miles a year, what car do you recommend?

deikel wrote:
Thu Mar 28, 2019 7:11 pm
...

Get AAA for the unforeseen event and find a good mechanic that keeps the car in shape without trying to rob you blind
Also check with your insurance company for towing and breakdown coverage. May be worse than AAA or may be better, you won't know until you ask them.
by Slacker
Thu Mar 28, 2019 10:32 pm
Forum: Investing - Theory, News & General
Topic: Timing the mortgage market
Replies: 26
Views: 2284

Re: Timing the mortgage market

We were a little early, but three weeks ago closed on our refinance for a 1% decrease on a 15yr $230K mortgage. Negative $322 out of pocket refinance costs with the lender's credits (we wrote a check for $1786 but $2108 went to escrow). Looked like a better deal than buying any points (in our case w...
by Slacker
Tue Mar 26, 2019 7:42 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Advice - Evaluated with Actual Returns from His Company's 401K
Replies: 101
Views: 13273

Re: Dave Ramsey's Advice - Evaluated with Actual Returns from His Company's 401K

Wow! I didn’t notice that this was the March 2019 reactivation of a 2015 thread. Thanks for calling that out. OP, you’ve had four long years to research this. Why are you still churning this same topic? Dave says it is easy to pick funds that beat the S&P. Bogleheads (amongst many others) say picki...
by Slacker
Mon Mar 25, 2019 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Will buying a house jeopardize financial security?
Replies: 57
Views: 3832

Re: Will buying a house jeopardize financial security?

OP, are you comfortable in your current home? Is there a real need to "upgrade"? If worried about continuing to save, why not stay in your current home and if appreciation happens for the SFH, it should happen for your townhome also meaning that you won't be left behind due to appreciation and can u...
by Slacker
Mon Mar 25, 2019 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Will buying a house jeopardize financial security?
Replies: 57
Views: 3832

Re: Will buying a house jeopardize financial security?

EDIT TO ADD: My rule of thumb is that housing (PITI) should be no more than 25% of AFTER TAX income. And by after tax, I also mean after savings. So, essentially, what lands in your checking account. Now, I realize that in SF/NY people might pay double that or more. But that doesn't mean they shoul...
by Slacker
Mon Mar 25, 2019 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Sanity check: Buying new house -- 400k with 155k income?
Replies: 46
Views: 5133

Re: Sanity check: Buying new house -- 400k with 155k income?

Does the new house have an HOA? It seems like most new builds have HOAs now...add in that monthly cost if applicable. Will the new house have a yard? Our new construction had a front yard but no backyard, no fence, the builder's patio was unusable so we opted to have that built by a local contractor...
by Slacker
Sun Mar 24, 2019 6:30 pm
Forum: Personal Consumer Issues
Topic: Adjustable dumbbell recommendations
Replies: 65
Views: 3188

Re: Adjustable dumbbell recommendations

I've owned and used PowerBlocks since the 90's and they're great. My set goes up to 125 lbs for each of the two dumbbells. You can use Platemates or various magnets which can be found online to jump weights in quarter lb to 1.25 lb increments for each dumbbell. I've had nothing but an excellent exp...
by Slacker
Sun Mar 24, 2019 6:26 pm
Forum: Personal Investments
Topic: Surprised on tax benefit after first year as landlord!
Replies: 20
Views: 3448

Re: Surprised on tax benefit after first year as landlord!

If you have a mortgage and have less than $150,000 of modified adjusted gross income, you can deduct a substantial amount of losses (maybe $25,000). The losses are achieved early on from mortgage interest and depreciation. However, keep in mind that when you sell the place (and not exchanged), you ...
by Slacker
Sun Mar 24, 2019 8:09 am
Forum: Personal Consumer Issues
Topic: Adjustable dumbbell recommendations
Replies: 65
Views: 3188

Re: Adjustable dumbbell recommendations

That would be better but I'd probably want to go up to 50+ pounds per dumbbell. So seems like it could get costly. And they'll take up more space. I've never seen anyone using 50+ lbs per dumbbell. Sounds dangerous. Did you notice that the link to Dick's dumbbells had no dumbbell greater than 20 lb...
by Slacker
Sun Mar 24, 2019 8:06 am
Forum: Personal Consumer Issues
Topic: Adjustable dumbbell recommendations
Replies: 65
Views: 3188

Re: Adjustable dumbbell recommendations

That would be better but I'd probably want to go up to 50+ pounds per dumbbell. So seems like it could get costly. And they'll take up more space. I've never seen anyone using 50+ lbs per dumbbell. Sounds dangerous. Did you notice that the link to Dick's dumbbells had no dumbbell greater than 20 lb...
by Slacker
Sun Mar 24, 2019 8:02 am
Forum: Personal Consumer Issues
Topic: Adjustable dumbbell recommendations
Replies: 65
Views: 3188

Re: Adjustable dumbbell recommendations

I've owned and used PowerBlocks since the 90's and they're great. My set goes up to 125 lbs for each of the two dumbbells. You can use Platemates or various magnets which can be found online to jump weights in quarter lb to 1.25 lb increments for each dumbbell. I've had nothing but an excellent exp...
by Slacker
Sun Mar 24, 2019 7:59 am
Forum: Personal Consumer Issues
Topic: Adjustable dumbbell recommendations
Replies: 65
Views: 3188

Re: Adjustable dumbbell recommendations

I really like my Bowflex 552 selectech dumbbells. Adjustable from 5 to 52.5 lbs each, very sturdy. If you catch them on sale they can be had for around 200ish with shipping. Only place I feel limited is in chest press and shoulder press but if someone were really desperate they could get some 70’s ...
by Slacker
Sun Mar 24, 2019 7:50 am
Forum: Personal Consumer Issues
Topic: Adjustable dumbbell recommendations
Replies: 65
Views: 3188

Re: Adjustable dumbbell recommendations

I own and use powerblocks that go up to 90lbs. Right now I'm using chains or bands plus wrist weights added on to the dumbbells when I'm bench pressing over 90. 1. They aren't indestructible and I've broken one of the welds dropping them. 2. I use wrist weights to make up for small weight jumps (the...
by Slacker
Sat Mar 23, 2019 11:47 pm
Forum: Personal Investments
Topic: Surprised on tax benefit after first year as landlord!
Replies: 20
Views: 3448

Re: Surprised on tax benefit after first year as landlord!

Unless the rules recently changed, depreciation recapture and capital gains taxes apply apportioned based on number of years as rental vs number of years as a primary residence. The only exclusion is if you had lived in the house for a couple years and sell it before you hit 3yrs of it being a renta...
by Slacker
Sat Mar 23, 2019 10:19 am
Forum: Personal Consumer Issues
Topic: Family man who misses driving a fun car
Replies: 91
Views: 5894

Re: Family man who misses driving a fun car

Two teenagers and two adults with everything for a two day trip to the beach, all in a Ford Focus. Never been a problem. I am quite perplexed by the occasional insistence I see here and there that if you have kids you must have an SUV. On other threads someone mentions having two young ones and a s...
by Slacker
Fri Mar 22, 2019 10:40 pm
Forum: Personal Consumer Issues
Topic: Family man who misses driving a fun car
Replies: 91
Views: 5894

Re: Family man who misses driving a fun car

Two teenagers and two adults with everything for a two day trip to the beach, all in a Ford Focus. Never been a problem. I am quite perplexed by the occasional insistence I see here and there that if you have kids you must have an SUV. On other threads someone mentions having two young ones and a se...
by Slacker
Fri Mar 22, 2019 8:10 am
Forum: Personal Consumer Issues
Topic: Do you still wear a necktie to work?
Replies: 108
Views: 5242

Re: Do you still wear a necktie to work?

Last time I had to wear a tie at work was in the 90s going before a "promotion board" for E-5 rank.
by Slacker
Thu Mar 21, 2019 7:50 am
Forum: Personal Consumer Issues
Topic: When is it time for a new smartphone?
Replies: 66
Views: 4074

Re: When is it time for a new smartphone?

If you are fine with the performance of the S7, many mid level brand new phones in the $300-$400 range will have slightly better performance. An entry level $100-200 brand new phone may match the processor, but will likely have less storage and less RAM. So overall less performance and photo/music/v...
by Slacker
Tue Mar 19, 2019 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone Hear Clark Howard on 3/18?
Replies: 7
Views: 1056

Re: Anyone Hear Clark Howard on 3/18?

This topic has a very long, informative and maybe a bit overly enthusiastic thread on the Mr Money Mustache forum. Edit to add: Is this post intended to drive traffic to your blog? I'll have to check it out, I'm a member on his site as well. Thanks Check the "Share your bada**ity" subforum.
by Slacker
Tue Mar 19, 2019 9:45 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone Hear Clark Howard on 3/18?
Replies: 7
Views: 1056

Re: Anyone Hear Clark Howard on 3/18?

This topic has a very long, informative and maybe a bit overly enthusiastic thread on the Mr Money Mustache forum.

Edit to add: Is this post intended to drive traffic to your blog?
by Slacker
Sun Mar 17, 2019 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Housing should be no more than 28% of your income.
Replies: 66
Views: 5973

Re: Housing should be no more than 28% of your income.

15 year mortgage, 20% down Monthly PITI is just under 11% of monthly Gross Household Income. Total financed mortgage = 1 year gross salary. MCOL city/MSA. 1900sq ft 3bed/2.5ba/2 car garage. Those are our numbers. We just purchased within the last 12 months and are pretty happy to be able to hit thos...
by Slacker
Fri Mar 15, 2019 7:09 pm
Forum: Personal Consumer Issues
Topic: Tesla Model Y
Replies: 127
Views: 8193

Re: Tesla Model Y

For all those competitor manufacturers coming up with similar range cars, could someone give examples? We are only talking full EV. Nissan Leaf is in market with 200+ mile and it costs 37K. Chevy Volt or Bolt is all Electric. What is the max range and cost of that model. Who else is currently selli...
by Slacker
Thu Mar 14, 2019 7:05 pm
Forum: Personal Investments
Topic: How to realistically FIRE?
Replies: 310
Views: 21977

Re: How to realistically FIRE?

50yrs old, 25x expenses saved? I look at it like this: 25x expenses at a desired spending level, which is closer to 40x to 50x expenses at bare bones (Lean FIRE) level should make you pretty solid to retire so long as you are willing to accept a cut to spending if a series of bad years hits...you wo...
by Slacker
Wed Mar 13, 2019 7:35 am
Forum: Investing - Theory, News & General
Topic: When Does Vanguard's Patent(s) Expire?
Replies: 42
Views: 6513

Re: When Does Vanguard's Patent(s) Expire?

Uh last time I checked in order to be patentable an invention had to be: 1) novel 2) useful 3) unobvious Those who think ETF's as a share class of the open end funds should not be a patentable invention - which criterion do you feel it does not meet? I think the part most of us take issue with is (...
by Slacker
Tue Mar 12, 2019 8:15 pm
Forum: Investing - Theory, News & General
Topic: When Does Vanguard's Patent(s) Expire?
Replies: 42
Views: 6513

Re: When Does Vanguard's Patent(s) Expire?

Uh last time I checked in order to be patentable an invention had to be: 1) novel 2) useful 3) unobvious Those who think ETF's as a share class of the open end funds should not be a patentable invention - which criterion do you feel it does not meet? I think the part most of us take issue with is (...
by Slacker
Fri Mar 08, 2019 12:12 pm
Forum: Personal Consumer Issues
Topic: attacked by off-leash dog
Replies: 220
Views: 7279

Re: attacked by off-leash dog

My biggest pet peeve is dog owners not have their dog on leash. It's against the law where I live. They put my dog and other people in potential dangerous situations. It only takes one time. You should video tape what happened after and document on video what happened. At least you can caught the d...