Search found 624 matches

by Slacker
Fri Nov 23, 2018 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: What financial information do you share with your family and relatives?
Replies: 112
Views: 9695

Re: What financial information do you share with your family and relatives?

I had a BIL ask me how much my car payment was a couple years ago. I responded, "car payment? It's paid off." To which he replied, "well, when are you going to get a new car then?". I had to let him know that I have no desire to have a car payment which really seemed to shock him. With Zillow, do no...
by Slacker
Mon Nov 19, 2018 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: sell rental condo 6 miles from Crystal City, VA Amazon location?
Replies: 36
Views: 3812

Re: sell rental condo 6 miles from Crystal City, VA Amazon location?

Use the news to dump it now. Before this news of the 2 new HQ2 locations, what was the latest big news for Amazon. Hint, it was that they were going to RAISE their minimum wage to $15 an hour. The vast majority of Amazon workers are only getting $15 an hour. I really don't expect that they're going...
by Slacker
Mon Nov 19, 2018 8:53 am
Forum: Personal Consumer Issues
Topic: New car - aftermarket upgrades vs higher trim
Replies: 28
Views: 1873

Re: New car - aftermarket upgrades vs higher trim

Aftermarket leather is typically worlds better than OEM. Tint is easy. Replacing the head unit gets what you want at a much higher quality than stock. I’ve never seen a car with aftermarket leather that looks better than OEM. A lot of newer cars have some significant issues with replacing the head ...
by Slacker
Mon Nov 19, 2018 8:41 am
Forum: Personal Finance (Not Investing)
Topic: sell rental condo 6 miles from Crystal City, VA Amazon location?
Replies: 36
Views: 3812

Re: sell rental condo 6 miles from Crystal City, VA Amazon location?

If it were my condo and I didn't mind the extra work of landlording I would make sure my rents are still properly priced for the market and keep the property. $200 cashflow on a condo with a 15yr mortgage is pretty good since the maintenance are likely lower than a house. I would expect the impact o...
by Slacker
Sun Nov 11, 2018 1:12 am
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 11939

Re: If expenses are low, are some of us over saving?

There really isn't much I want to spend more money on at this time. Work too much to go on any vacations longer than a few days. Don't care for another car. Have plenty of house (tried living in a 4000sq ft home and 2800 sq ft home ... Much prefer sub 2000sq ft). I don't plan to go on tour in a band...
by Slacker
Sat Nov 10, 2018 8:26 am
Forum: Investing - Help with Personal Investments
Topic: 1,000,000+ by 29
Replies: 23
Views: 4674

Re: 1,000,000+ by 29

I appreciate all the advise! I was in the military for 6 years, so housing, food and healthcare was provided. When all my friends were spending everything on fast cars, booze and women, I was staying home and saving my money. You'll be rich! You just won't have all those wonderful memories of fast ...
by Slacker
Sat Nov 10, 2018 12:06 am
Forum: Personal Finance (Not Investing)
Topic: 401k Help. They are removing index funds.
Replies: 56
Views: 4116

Re: 401k Help. They are removing index funds.

...A secure job should not be taken lightly. It should be treasured as a precious gem. The expenses or returns of the company savings plan are microscopic compared to the total compensation package... The company really has no obligation to offer quality funds in a 401K, and actually many of them d...
by Slacker
Fri Nov 09, 2018 7:03 pm
Forum: Personal Consumer Issues
Topic: Favorite "free stuff"?
Replies: 137
Views: 10886

Re: Favorite "free stuff"?

"free" library use
"free" trails around the city
"free" youtube and podcasts (especially free classes from MIT, Stanford, Yale and others)
Free meals on Veteran's Day
"free" internet searching
Wikipedia
Free time (when I don't have work obligations)
by Slacker
Wed Nov 07, 2018 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 702
Views: 113871

Re: High Earners - What's Your Profession?

Two engineer household now up to $250k combined.

Living in mid- low cost of living area (mortgage after 20% down on a 3bdrm 1900sq ft home is less than one years gross combined salary).
by Slacker
Tue Nov 06, 2018 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: How high can House prices go
Replies: 67
Views: 8416

Re: How high can House prices go

I'd imagine the ceiling raises as you have more dual income households where each spouse makes close to six figures. Much easier for a household to make $200k than a single earner... And do on.
by Slacker
Tue Nov 06, 2018 5:06 pm
Forum: Personal Consumer Issues
Topic: Think I have found my new commuter car - 2019 Honda Insight
Replies: 44
Views: 4742

Re: Think I have found my new commuter car - 2019 Honda Insight

I'm always confused when people don't look at used EV's for commuter cars. They drive like real cars. Tons of power and are actually fun. Prius type cars drive like crap... I'm shocked people are willing to tolerate them when EV's get more than double or triple the "fuel" economy. is it just new is...
by Slacker
Sun Nov 04, 2018 7:50 pm
Forum: Personal Consumer Issues
Topic: Buying a mini-van
Replies: 25
Views: 1838

Re: Buying a mini-van

A few decades ago as a youngster loading appliances and rear projection TVs into people's personal vehicles I learned the following: If you truly need the most capacity, get a minivan. Typically, the minivans with the seats folded/removed were able to accommodate the largest appliances and TVs that ...
by Slacker
Sun Nov 04, 2018 9:05 am
Forum: Investing - Theory, News & General
Topic: [WSJ: The New Retirement Plan: Save Almost Everything, Spend Virtually Nothing]
Replies: 74
Views: 8588

Re: [WSJ: The New Retirement Plan: Save Almost Everything, Spend Virtually Nothing]

I get the frugality and goal of financial independence. But I don't get the whole retire early thing. For people of this age their ability to generate income for another 30 years is their most valuable asset. Being ABLE to retire at 40 is great. But actually doing so is like liquidating millions in...
by Slacker
Fri Nov 02, 2018 9:46 am
Forum: Personal Consumer Issues
Topic: Think I have found my new commuter car - 2019 Honda Insight
Replies: 44
Views: 4742

Re: Think I have found my new commuter car - 2019 Honda Insight

I'm always confused when people don't look at used EV's for commuter cars. They drive like real cars. Tons of power and are actually fun. Prius type cars drive like crap... I'm shocked people are willing to tolerate them when EV's get more than double or triple the "fuel" economy. is it just new is...
by Slacker
Thu Nov 01, 2018 9:41 pm
Forum: Personal Consumer Issues
Topic: People with older car, share your unusual repairs
Replies: 84
Views: 5299

Re: People with older car, share your unusual repairs

2012 Ford Focus Evap Purge Valve - $75 when I did the work replacing it myself (free code scanner rental from a big chain auto parts store). The dealer wanted $2000 and planned on replacing my gas tank, gas pump, evap emissions canister, evap purge valve, gas tank pressure sending unit. Former vehic...
by Slacker
Sun Oct 28, 2018 7:37 pm
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 162
Views: 12760

Re: Am I doing well financially?

I'm going to suggest you try a Dave Ramsey method here for a bit on food: Use cash. Groceries? Set your budget, pull out cash and try to stick by that budget weekly so you don't run out of money for groceries by the end of the month. Eating out? Set your budget, pull out cash and if you burn through...
by Slacker
Fri Oct 26, 2018 11:02 pm
Forum: Investing - Theory, News & General
Topic: What's everyone currently in?
Replies: 93
Views: 8225

Re: What's everyone currently in?

Vanguard Total US stock market
iShares S&P Small Cap ETF
Vanguard FTSE All World EX US
Vanguard FTSE Small Cap
Vanguard FTSE Emerging Markets
Vanguard US Total Bond market
Vanguard Real Estate Fund
G Fund
S Fund
C Fund
I Fund
by Slacker
Thu Oct 25, 2018 12:54 pm
Forum: Personal Consumer Issues
Topic: Has anyone had success getting reimbursed for repairs later covered under a Recall?
Replies: 7
Views: 710

Has anyone had success getting reimbursed for repairs later covered under a Recall?

Background I have a vehicle that suffered an evaporative emissions purge valve failure. This failure meant that engine vacuum was applied directly to the gas tank and slightly deformed the gas tank. The Dealer wanted over $2000 to conduct the repair as detailed in a TSB. I took my own measurements ...
by Slacker
Sun Oct 21, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: Why are Carbon Offset Credits so cheap?
Replies: 61
Views: 3358

Re: Why are Carbon Offset Credits so cheap?

I calculated the carbon footprint of my business travel last year at 5t. I didn't think flying was a huge carbon contributor, but I was surprised to learn it was my biggest category. I was curious what it would take to offset some of my transportation carbon. 1) switch to a job near home -> save 1....
by Slacker
Fri Oct 19, 2018 10:32 pm
Forum: Personal Consumer Issues
Topic: Should we move to San Diego from east coast?
Replies: 138
Views: 10948

Re: Should we move to San Diego from east coast?

I live about 22 miles north of downtown San Diego. There most certainly are wildfires in my area. In fact in October 2007 my house burned down along with 362 others in my planned community area. It was called the "Witch Creek Fire". I think in all, 1400 homes were totally lost in the Witch Creek Fi...
by Slacker
Wed Oct 17, 2018 9:49 pm
Forum: Personal Consumer Issues
Topic: Should we move to San Diego from east coast?
Replies: 138
Views: 10948

Re: Should we move to San Diego from east coast?

I don't think your annual income of 195K (remember that is pre-tax) is sufficient to give you a decent lifestyle in San Diego.My income is $250k and I don't think I can afford it. Are you willing to live in a neighborhood that you would not consider in your current location? Weather is great there,...
by Slacker
Wed Oct 17, 2018 9:13 pm
Forum: Personal Consumer Issues
Topic: High End Wrist Watches (Gone Crazy)
Replies: 254
Views: 30445

Re: High End Wrist Watches (Gone Crazy)

I really enjoy "living vicariously through others", thanks for continuing to post OP. I had my first "luxury" watch given to me by my parents this last Christmas. (A $300 Garmin Fenix 3 sapphire - prior year model, so it had just dropped in price by $200 since the Fenix 5 came out). Not in the same ...
by Slacker
Wed Oct 17, 2018 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Did you retire because you hit your number?
Replies: 71
Views: 6632

Re: Did you retire because you hit your number?

Combination of reasons... in no particular order. Political changes had made it impossible to make further achievements towards goals. Goals had been largely achieved. Number had been reached. When your eyes turn brown they have filled you up and it's time to go. I was 64 and April Fool's Day 2012 ...
by Slacker
Mon Oct 15, 2018 10:37 am
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 318
Views: 21676

Re: Talk me out of buying a Tesla Model 3

Why can't you put a towing hitch on a 911 and then use a tow hitch bike rack? I can fit my mountain bike in my hatchback, but not our whole family's so we added a tow hitch and got one of those tow hitch bike racks that can fit 4 bikes. Does no one make a tow hitch that can fit the 911?
by Slacker
Thu Oct 11, 2018 9:50 pm
Forum: Personal Consumer Issues
Topic: Budget Coffee
Replies: 51
Views: 3268

Re: Budget Coffee

Aldi donut shop blend whole bean coffee- $5 per pound and outstanding for the price! I would buy Aldi coffee but they don't sell this in ground and I am too lazy to grind my own coffee. I switched to Simple Truth now. I can buy it on sale for maybe $6. I actually prefer it over some of the "hipster...
by Slacker
Thu Oct 11, 2018 11:44 am
Forum: Personal Consumer Issues
Topic: Black Friday is coming.. what's on your list?
Replies: 82
Views: 8152

Re: Black Friday is coming.. what's on your list?

Wake up at some time. Eat leftovers. Enjoy the day off. You are very lucky to have a day off. I'm a govt worker, so as soon as I pick up my kitty litter I'm going to be bashing away at a keyboard for the next 8hrs chained to the desk. We only get Thanksgiving off (I think this is made up for by hav...
by Slacker
Thu Oct 11, 2018 6:28 am
Forum: Personal Consumer Issues
Topic: Black Friday is coming.. what's on your list?
Replies: 82
Views: 8152

Re: Black Friday is coming.. what's on your list?

A years supply of kitty litter. Usually close to 1/2 price on black friday.
by Slacker
Mon Oct 08, 2018 11:20 pm
Forum: Investing - Theory, News & General
Topic: "Safe" Withdrawal Rate for Early Retirees (or any retiree)
Replies: 226
Views: 19646

Re: "Safe" Withdrawal Rate for Early Retirees (or any retiree)

We've come to the following as being the plan that we can live with (and die with) for our portfolios: 1. We will retire when our portfolio * 2.5% = our basic necessities (housing, food, utilities, taxes, healthcare, home maintenance). 2. We will then proceed to withdraw 5% of the portfolios value e...
by Slacker
Mon Oct 08, 2018 8:59 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 318
Views: 21676

Re: Talk me out of buying a Tesla Model 3

Starfish wrote:
Mon Oct 08, 2018 8:29 pm
My question in all this discussion would be how do you get 1.6 milion in NW with 160k salary while driving a 911 :D
The power of having no kids... :twisted:
by Slacker
Mon Oct 08, 2018 5:43 pm
Forum: Investing - Theory, News & General
Topic: Market decline in 2019 ?
Replies: 73
Views: 6714

Re: Market decline in 2019 ?

How did you feel about the early 2016 correction?
Did you make any changes to your asset allocation?
If yes, did you maintain those changes until today and are you now getting cold feet about your new allocation?
If no, what changed for you now?
by Slacker
Mon Oct 08, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: Talk me out of buying a Tesla Model 3
Replies: 318
Views: 21676

Re: Talk me out of buying a Tesla Model 3

$1M assets? Paid off $600K house? $160K income? It doesn't look like you typically live beyond your means and are irresponsible with your finances. In your position, if I wanted the Tesla I would buy the Tesla. Personally, I couldn't compare the Jaguar I-Pace or any of the other mentioned SUVs to a ...
by Slacker
Sun Oct 07, 2018 10:27 pm
Forum: Personal Consumer Issues
Topic: Poll: BHs who rent - what % of gross do you spend on rent?
Replies: 84
Views: 6393

Re: Poll: BHs who rent - what % of gross do you spend on rent?

How the HECK are these people spending so little on rent? 5%? How is that even possible? Do you live in a dumpster? How are are you people calculating it? based on Gross Annual Income? Monthly gross? Net income? Please someone explain because these percentages can vary wildly depending on net or gr...
by Slacker
Sun Oct 07, 2018 10:11 pm
Forum: Personal Consumer Issues
Topic: Poll: BHs who rent - what % of gross do you spend on rent?
Replies: 84
Views: 6393

Re: Poll: BHs who rent - what % of gross do you spend on rent?

How the HECK are these people spending so little on rent? 5%? How is that even possible? Do you live in a dumpster? How are are you people calculating it? based on Gross Annual Income? Monthly gross? Net income? Please someone explain because these percentages can vary wildly depending on net or gr...
by Slacker
Sun Oct 07, 2018 10:08 pm
Forum: Personal Consumer Issues
Topic: Poll: BHs who rent - what % of gross do you spend on rent?
Replies: 84
Views: 6393

Re: Poll: BHs who rent - what % of gross do you spend on rent?

When we were renters earlier this year we spent less than 8% of gross on rent for a 4bdrm/2.5bath 2800sq ft home with a pool in AZ. AZ is too hot, and the low cost of living was not enough enticement to stay there (we even accepted a 40% increase in income taxes to get out of the heat).
by Slacker
Sat Oct 06, 2018 9:43 pm
Forum: Personal Consumer Issues
Topic: Garage Shelving?
Replies: 31
Views: 3462

Re: Garage Shelving?

It's hard to beat the price of the 2x4 and plywood/OSB style homemade shelving. If you're not the DIY type, look also at your local home improvement stores. Costco isn't automatically the best value. That said, $250 for a well made set of 2' x 8' shelves is a pretty respectable price, in my opinion...
by Slacker
Sat Oct 06, 2018 10:29 am
Forum: Personal Consumer Issues
Topic: Garage Shelving?
Replies: 31
Views: 3462

Re: Garage Shelving?

It's fall time and I tried to move some summer stuff into the garage but ran out of space :( I found SafeRacks in costco for $250 which is quite expensive imho. Any suggestions for cheap (but safe) garage shelves? ...and that's the sale price for 2 of the 4'x8' racks! Regular price is $200 each at ...
by Slacker
Sat Oct 06, 2018 10:11 am
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 75
Views: 9253

Re: 20 countries where 200K in retirement savings will last you decades

Here's my geopolitical/quality of life take on the countries on the list. Mind you, I lived in Colombia during the heyday of the drug cartels, so I can tolerate quite a bit of violence before things get to me (so long as I have electricity, good food, and functional plumbing). Belize High crime rat...
by Slacker
Fri Oct 05, 2018 11:44 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13973

Re: Correlation between the FIRE movement and one of the greatest bull markets

All the talk about FIRE is overblown. Statistically and economically speaking, FIRE is not possible for the vast majority of the population. There is a type of market efficiency argument against FIRE: if most people (heck, even if 10%) were able to FIRE, then who is going to work and produce stuff?...
by Slacker
Fri Oct 05, 2018 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: 20 countries where 200K in retirement savings will last you decades
Replies: 75
Views: 9253

Re: 20 countries where 200K in retirement savings will last you decades

Loved Belize. English is the official language and they have the value of their currency pinned to the dollar ($2 belize = $1 US last time I was there). Even seemed like fewer mosquitoes in Belize than there are in NC :D I estimated we could probably live in Belize on $2000 / month if we really want...
by Slacker
Fri Oct 05, 2018 9:24 am
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 370
Views: 50321

Re: MoviePass-Too good to be true, but it's legit.

Cancelled moviepass about a month ago due to the random selection of six movies which changed constantly. Won't be using AMC alist as the nearest AMC is a filthy rundown theater that is unpleasant to watch movies in. Luckily a local chain has $5 movies all day Tuesday and they have a clean comfortab...
by Slacker
Fri Oct 05, 2018 7:25 am
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13973

Re: Correlation between the FIRE movement and one of the greatest bull markets

On paper I think you are right, Watty. FIRE just seems counter-intuitive. Even with good insurance things can get very costly, and we can't insure against every negative in life. I'm in the camp of keep working, keep saving while you still can and while it is still reasonably expected of you by soc...
by Slacker
Thu Oct 04, 2018 9:03 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13973

Re: Correlation between the FIRE movement and one of the greatest bull markets

michaeljc70 wrote:
Thu Oct 04, 2018 8:14 pm
I thing the underlying point is if you need other income to survive, you are not retired.
Such an excellent definition...but will the person I quoted also agree with such a definition? I am doubtful about that.
by Slacker
Thu Oct 04, 2018 8:07 pm
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13973

Re: Correlation between the FIRE movement and one of the greatest bull markets

FIRE is not growing .... what is growing is being a stay-at-home Dad while your wife works and provides employer healthcare benefits, while you blog about it and get income from that and call it all "Early Retirement". Apparently, you can also go into paid self-employment, and as long as you like y...
by Slacker
Thu Oct 04, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: How many months/years of living expenses do you save each year?
Replies: 29
Views: 3539

Re: How many months/years of living expenses do you save each year?

1. Almost 2x our annual expenses go into savings of various "buckets"
2. Yes, our taxes paid (fed income, SS, Medicare, State income) are larger than our annual expenses without including property tax, utilities taxes, and sales tax. The govt(s) use more of our paycheck than we do.
by Slacker
Thu Oct 04, 2018 10:25 am
Forum: Investing - Theory, News & General
Topic: Correlation between the FIRE movement and one of the greatest bull markets
Replies: 158
Views: 13973

Re: Correlation between the FIRE movement and one of the greatest bull markets

Many also saw that you can't rely upon employers to always provide you with a job that allows you to continue spending your entire paycheck with the great recession. Even if you kept your job (or you know people that kept their jobs), bonuses and pay raises were frozen in many cases. Granted, the hi...
by Slacker
Tue Oct 02, 2018 9:07 pm
Forum: Personal Consumer Issues
Topic: Playing with FIRE(Financial Independence) documentary trailer.
Replies: 35
Views: 5460

Re: Playing with FIRE(Financial Independence) documentary trailer.

I probably would not watch it, for the same reason as why someone who has found a diet that works for her won't need to read a book on dieting and weight loss. If the movie comes out, I will recommend it to several people I know, but they probably won't watch it either, for the same reason as why t...
by Slacker
Tue Oct 02, 2018 9:23 am
Forum: Personal Consumer Issues
Topic: Buying a new Toyota Camry. What extra options if any?
Replies: 70
Views: 4935

Re: Buying a new Toyota Camry. What extra options if any?

We had a 2018 as a rental last weekend and it was thoroughly underwhelming. It had all sorts of ground effects - lip spoiler and trunk spoiler, but apparently a 4 cylinder motor. It was completely anemic, even on level ground. Interior was really grim with hard plastic everywhere and stiff, flat fo...
by Slacker
Tue Oct 02, 2018 9:09 am
Forum: Personal Consumer Issues
Topic: Buying a new Toyota Camry. What extra options if any?
Replies: 70
Views: 4935

Re: Buying a new Toyota Camry. What extra options if any?

IIHS numbers: Blind Spot Monitor reduces lane change accidents by 14% and reduces lane change accidents with injury by 23% Automatic Emergency Braking reduces front to rear accidents by 50% and reduces these accidents with injury by 56% Lane Departure warning reduces single vehicle, sideswipe and he...
by Slacker
Sun Sep 30, 2018 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Help me with avoiding liability for personal injury on our property
Replies: 23
Views: 1952

Re: Help me with avoiding liability for personal injury on our property

Hello, We recently bought a house and the back of the lot ends at a 3' to 4' tall retaining wall which is next to a sidewalk that is frequently used by people in the neighborhood. The backyard is fairly level to the retaining wall and then there is a 3-4 foot drop down to the sidewalk. There are ta...
by Slacker
Sun Sep 30, 2018 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Help me with avoiding liability for personal injury on our property
Replies: 23
Views: 1952

Re: Help me with avoiding liability for personal injury on our property

Thank you for the input.

We do have an umbrella policy.

I think planters may be a workable solution that has a nice appearance.