Search found 317 matches

by BlueCable
Fri Jun 26, 2020 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Help sanity checking house budget?
Replies: 9
Views: 605

Re: Help sanity checking house budget?

You are 25, make six figures, and have $3M. Yes, you can afford a $700k house.

However, you'd be much better off getting an Airbnb or hotel for these visits.
by BlueCable
Fri Jun 26, 2020 7:02 am
Forum: Personal Investments
Topic: Am I Headed for a Retirement Tax Bomb?
Replies: 66
Views: 9349

Re: Am I Headed for a Retirement Tax Bomb?

Roth buckets may not have even been the right choice for you. They aren't for my wife and me.
by BlueCable
Fri Jun 19, 2020 9:48 am
Forum: Investing - Theory, News & General
Topic: A cautionary tale about pensions and wages
Replies: 76
Views: 10400

Re: A cautionary tale about pensions and wages

Is this any different than my employer reducing the 401k match or making it harder to get a bonus? To me, this pension freeze is the same as any other compensation cut. Your employer has altered the terms of your employment, and you can choose to stay or move on. This does not appear to be a case of...
by BlueCable
Thu Jun 04, 2020 1:04 pm
Forum: Personal Investments
Topic: Revisiting EE Bonds given 20 year treasury bond at ~1.9%
Replies: 41
Views: 4061

Re: Revisiting EE Bonds given 20 year treasury bond at ~1.9%

I just bought a long term bond with a fixed nominal return, so therefore I'm expecting to see 1970s-era inflation, starting around year 9. Anybody else's mind work this way? Wouldn't it make more sense to buy I Bonds or long term TIPS if you expecting 1970s-era inflation? A nominal long term bond f...
by BlueCable
Thu Jun 04, 2020 12:38 pm
Forum: Personal Investments
Topic: Revisiting EE Bonds given 20 year treasury bond at ~1.9%
Replies: 41
Views: 4061

Re: Revisiting EE Bonds given 20 year treasury bond at ~1.9%

I just bought a long term bond with a fixed nominal return, so therefore I'm expecting to see 1970s-era inflation, starting around year 9. Anybody else's mind work this way?
by BlueCable
Thu Jun 04, 2020 12:33 pm
Forum: US Chapters
Topic: Shout out to Sheepdog
Replies: 25
Views: 3556

Re: Shout out to Sheepdog

I'm feeling the same as you Sheepdog with regards to precautions businesses are taking. I've redirected relevant spending to Menard's since they enforce a mask policy, and that means I'm avoiding businesses where employees and customers are not wearing masks. Although, clearly there are two sides to...
by BlueCable
Tue Jun 02, 2020 8:10 pm
Forum: Personal Investments
Topic: Revisiting EE Bonds given 20 year treasury bond at ~1.9%
Replies: 41
Views: 4061

Re: Revisiting EE Bonds given 20 year treasury bond at ~1.9%

Well, I'm revivng this thread to confess that I'm buying the 2020 maximum for EE bonds in 2020. I'm including this as part of my bond allocation and have reduced my bond holding accordingly in my tax-advantage account, so I've expanded my tax-advantaged space. The rate just got too attractive to ign...
by BlueCable
Tue Jun 02, 2020 7:54 pm
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 174
Views: 13737

Re: If Jeep has such poor reliability, how come they are everywhere?

I've always wanted a Jeep and I love the look of the Gladiator.... but I commute two miles on residential roads (often on bike) and am more likely to bike or hike off-road. Just looks fun to drive around with the top down and doors off. We had a blast with a friend's in high school. They are very po...
by BlueCable
Sun May 24, 2020 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Interest Rates Falling—refinance or not?
Replies: 3
Views: 333

Re: Interest Rates Falling—refinance or not?

My break even date for my first refinance was 6 months. For the second, it was immediate because it was no cost. These were both 15 yr to 15 yr refinances.

You need concrete numbers to determine whether it is worth refinancing.
by BlueCable
Sun Mar 08, 2020 8:33 am
Forum: Personal Investments
Topic: Living off dividends in retirement?
Replies: 106
Views: 8179

Re: Living off dividends in retirement?

Whats wrong with a strategy of investing in say around 30 companies that pay decent dividends. I started a spreadsheet back in January to monitor this using 1.5 million, dividend would be around 73,500 per year. Corona virus brought the 1.5 to 1.33 million but hey not interested in selling any just...
by BlueCable
Tue Mar 03, 2020 9:32 pm
Forum: Investing - Theory, News & General
Topic: Help!! The 4% SWR in real life....
Replies: 23
Views: 2890

Re: Help!! The 4% SWR in real life....

Scooter57 wrote:
Tue Mar 03, 2020 7:17 am
The 4% "rule" originated when stocks and bonds had much higher yields than they do now. .
And when inflation was much higher.
by BlueCable
Sat Feb 29, 2020 8:26 pm
Forum: Investing - Theory, News & General
Topic: [Why aren't forum members following the "Stay the course" approach?]
Replies: 372
Views: 25944

Re: Disappointed in forum members

I thought about rebalancing, but I'm still with my 10-15% band.

I thought about Tax Loss Harvesting, but none of my loses are large enough to be worth harvesting yet.

So, I've done nothing. And posted nothing.
by BlueCable
Fri Feb 07, 2020 6:29 am
Forum: Personal Finance (Not Investing)
Topic: Engagement Ring Insurance
Replies: 60
Views: 3199

Re: Engagement Ring Insurance

We used Jewelers Mutual until the ring became an insignificant part of our net worth, at which point we dropped insurance.
by BlueCable
Thu Jan 16, 2020 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 43910

Re: Engineers - What are you making?

Moved to management last year, but was a Software Engineer with 10 years of experience making about $130k in LCOL area.
by BlueCable
Thu Jan 09, 2020 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Parental Leave - 4 weeks or 16 weeks - thoughts/perspective?
Replies: 39
Views: 2892

Re: Parental Leave - 4 weeks or 16 weeks - thoughts/perspective?

You will need to look at what the HR defines as "primary caregiver". That is likely going to be the mother as she nurses and will be the primary carer of the child. While you share the responsibility the parental roles, you are not the primary caregiver and likely the secondary caregiver. Of course...
by BlueCable
Mon Jan 06, 2020 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Parental Leave - 4 weeks or 16 weeks - thoughts/perspective?
Replies: 39
Views: 2892

Re: Parental Leave - 4 weeks or 16 weeks - thoughts/perspective?

You will need to look at what the HR defines as "primary caregiver". That is likely going to be the mother as she nurses and will be the primary carer of the child. While you share the responsibility the parental roles, you are not the primary caregiver and likely the secondary caregiver. Of course...
by BlueCable
Mon Jan 06, 2020 1:34 pm
Forum: Personal Investments
Topic: EE or I series bonds for retirement?
Replies: 29
Views: 3104

Re: EE or I series bonds for retirement?

I've often considered EE bonds, but I always decide against them when I ask myself: "Do you really want to invest in a 20 year fixed rate, non-inflation adjusted bond? " Sure, you may have done well if you had bought these back in 2005, but I can't predict what inflation will be like in the next 20 ...
by BlueCable
Mon Jan 06, 2020 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Millennial Looking for Creative Alternatives for Loan/Mortgage
Replies: 77
Views: 5444

Re: Millennial Looking for Creative Alternatives for Loan/Mortgage

A local credit union would be a good idea for you, I think. There are many with sound missions that support local communities. However you should expect to pay more, not less, to do this. It costs money to run social responsibility programs or make donations, and most of that that money has to come...
by BlueCable
Mon Jan 06, 2020 7:29 am
Forum: Personal Finance (Not Investing)
Topic: Millennial Looking for Creative Alternatives for Loan/Mortgage
Replies: 77
Views: 5444

Re: Millennial Looking for Creative Alternatives for Loan/Mortgage

No one is going to loan you $275K and ask for lower interest than a bank would. This is exactly what the three credit unions I've used would do. I understand, and would say it's a little bit semantics; when I say bank I include Credit Unions, while acknowledging they are technically different thing...
by BlueCable
Mon Jan 06, 2020 7:17 am
Forum: Personal Finance (Not Investing)
Topic: Millennial Looking for Creative Alternatives for Loan/Mortgage
Replies: 77
Views: 5444

Re: Millennial Looking for Creative Alternatives for Loan/Mortgage

wilked wrote:
Mon Jan 06, 2020 7:15 am
No one is going to loan you $275K and ask for lower interest than a bank would.
This is exactly what the three credit unions I've used would do.
by BlueCable
Sun Jan 05, 2020 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Parental Leave - 4 weeks or 16 weeks - thoughts/perspective?
Replies: 39
Views: 2892

Re: Parental Leave - 4 weeks or 16 weeks - thoughts/perspective?

You referred to the 16-week options as "primary care." Is that supposed to be for the primary caregiver? Or, is it called probably because it starts at birth?
by BlueCable
Sat Jan 04, 2020 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: is QCD like a DAF (but better) ?
Replies: 53
Views: 2525

Re: is QCD like a DAF (but better) ?

Can you make a QCD to a DAF?
by BlueCable
Thu Jan 02, 2020 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Parents vs. Kids Paying for College
Replies: 171
Views: 6945

Re: Parents vs. Kids Paying for College

I am not a fan of 529s (or the expectation that parents automatically pay... or the expectation to mortgage someone's life to pay...), but I would consider using your own Roth space to save for this or any other goals. You can pull out contributions after 5 years. If you have enough then you can pa...
by BlueCable
Wed Jan 01, 2020 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: 900,000 student loan refinancing recomendations
Replies: 71
Views: 8345

Re: 900,000 student loan refinancing recomendations

We used DRB, which now seems to be called Laurel Road. Good rate and no issues.
by BlueCable
Wed Jan 01, 2020 10:15 pm
Forum: Investing - Theory, News & General
Topic: Shiller: Homeownership is a bad investment
Replies: 480
Views: 65402

Re: Re:

That same money invested into Total Stock Market (1990 start date) would be worth over $10M today. You could have paid millions in rent over those years and still come out ahead. There's so much wrong with this analysis, that it's hard to know were to start: I put $155,000 down when I bought the ho...
by BlueCable
Wed Jan 01, 2020 1:29 pm
Forum: Investing - Theory, News & General
Topic: Shiller: Homeownership is a bad investment
Replies: 480
Views: 65402

Re: Re:

I bought my house 18 years ago for $625,000. Today, I could easily sell it for $2,100,000, probably more, but let's assume I could make $1,500,000 profit on the sale for ease of calculations. (There are three houses for sale on my street and all are listed at more than $3,00,0000.) please let us kn...
by BlueCable
Wed Jan 01, 2020 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Parents vs. Kids Paying for College
Replies: 171
Views: 6945

Re: Parents vs. Kids Paying for College

Halicar wrote:
Wed Jan 01, 2020 9:45 am
pharmermummles wrote:
Wed Jan 01, 2020 4:28 am
We would like to help him out, but our retirement will be coming first.
Well, since you asked, I find this shockingly selfish. I can't even imagine saying that about my son.
What would be worse: making your kids pay for their own college, or your retirement?
by BlueCable
Tue Dec 31, 2019 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Why would I not sell my condo currently held as an 'investment'?
Replies: 1
Views: 264

Re: Why would I not sell my condo currently held as an 'investment'?

Why would I not sell my condo, currently held as an investment? Pros / cons listed below. Reasons to sell 1) Five vacancies on HOA board - who know where association will go vision wise etc... I have no time / appetite to participate. 2) Rented through end of March 2020 … so presumably putting it o...
by BlueCable
Tue Dec 31, 2019 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice on Parents' dire financial situation
Replies: 39
Views: 3839

Re: Need advice on Parents' dire financial situation

You should confirm the LLC situation before selling the house.

Is selling the house really the right move? Are they going to find significantly cheaper housing where they live?
by BlueCable
Tue Dec 31, 2019 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: To what do you owe your ability to forego spending now and save for your future?
Replies: 116
Views: 5149

Re: To what do you owe your ability to forego spending now and save for your future?

High enough incomes now that that we can splurge quite a bit and still have a lot.

Disliking work enough that I don't want to do it into my late 50s. Any big purchase gets the question: "Is this worth delaying retirement by X months?"
by BlueCable
Tue Dec 31, 2019 12:30 pm
Forum: Personal Investments
Topic: Learn from my Mistake (maxing out 401K too early and missing employer match)
Replies: 9
Views: 872

Re: Learn from my Mistake (maxing out 401K too early and missing employer match)

My company continues to match once I've hit my individual limit. Subtle, but really nice feature of our plan.
by BlueCable
Tue Dec 31, 2019 10:34 am
Forum: Investing - Theory, News & General
Topic: Farmland as a practical alt investment for the individual
Replies: 105
Views: 31367

Re: Farmland as a practical alt investment for the individual

I am intrigued by the website Acretrader allowing the purchases of farmland in small $ amounts. You can diversify by buying different parcels. Your is money is tied up for years but there is real income potential . I would appreciate the forum's take on the pros and con's this type of investing to ...
by BlueCable
Tue Dec 31, 2019 10:28 am
Forum: Personal Investments
Topic: Best use of windfall - pay current mortgage or downpayment on new home?
Replies: 15
Views: 860

Re: Best use of windfall - pay current mortgage or downpayment on new home?

When my wife and I knew we were going to be buying a new home, we saved up a new downpayment so that we could buy the new home regardless of our ability to sell the first home. This allowed us to put in an offer that was not contingent on selling our first house and made the transition much simpler....
by BlueCable
Sat Dec 28, 2019 8:07 pm
Forum: Personal Investments
Topic: Where's my dividend?
Replies: 16
Views: 1994

Re: Where's my dividend?

I can't think of anything I can't do with a brokerage account that could have been done with a mutual fund account. There are additional capabilities, but i am not sure what has been lost. You can't send your dividends to any other fund besides the settlement account, the same fund, or your bank. W...
by BlueCable
Fri Dec 27, 2019 9:08 pm
Forum: Personal Investments
Topic: FIRE (Financial Independence Retire Early)
Replies: 7
Views: 1241

Re: FIRE (Financial Independence Retire Early)

I'm 25 years old. I have been consistently contributing to my 401k and Roth IRA over my entire professional career (4 years total so far). However, with FIRE (Financial Independence Retire Early) being a major goal in my life I have started to question if investing in my 401K and Roth IRA makes any...
by BlueCable
Fri Dec 27, 2019 7:46 pm
Forum: Non-US Investing
Topic: Any point in buying negative EUR bonds?
Replies: 26
Views: 2533

Re: Any point in buying negative EUR bonds?

I see. I read the wiki but it's actually not clear to me what is fixed income. Are government bonds fixed income but not corporate bonds? Or only inflation-indexed bonds are fixed income? Fixed income means the investment has a defined income stream that will not change. The return is "fixed." Bond...
by BlueCable
Thu Dec 26, 2019 8:32 am
Forum: Personal Investments
Topic: Tax loss harvesting .....
Replies: 11
Views: 851

Re: Tax loss harvesting .....

Also, you should be aware of the “substantially similar” rule. You cannot tax loss harvest Fund A, and then immediately purchase Fund B which is “substantially similar” to Fund A. There is no clear, black-and-white IRS definition for“substantially similar.” I would consider Vanguard's S&P 500 fund a...
by BlueCable
Wed Dec 25, 2019 6:26 pm
Forum: Personal Investments
Topic: Age 62 - just lost job - seeking advice
Replies: 110
Views: 12175

Re: Age 62 - just lost job - seeking advice

I'm sorry to hear you've lost your job. Best of luck to you and your wife in your job searches.
by BlueCable
Wed Dec 25, 2019 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: 46 Years Old - Term Life Insurance - How much, how long?
Replies: 9
Views: 1325

Re: 46 Years Old - Term Life Insurance - How much, how long?

You didn't mention your family's expenses. Similar to determining how much retirement savings you need, your annual expenses determine how much life insurance you need. For my family, we decided that if one of us dies, we want the other to be able to stop working to focus on the kids and continue ou...
by BlueCable
Mon Dec 23, 2019 2:10 pm
Forum: Personal Investments
Topic: Mail from Vanguard - Account could be turned over to state due to lack of interest
Replies: 97
Views: 9363

Re: Mail from Vanguard - Account could be turned over to state due to lack of interest

Would be interested to know whether people in these states receive similar notifications from other brokerages or fund companies.
by BlueCable
Thu Dec 19, 2019 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Injured at work, should I bill my employer?
Replies: 57
Views: 4351

Re: Injured at work, should I bill my employer?

This absolutely needs to be filled for Workman's Comp.
by BlueCable
Thu Dec 19, 2019 6:42 am
Forum: Personal Investments
Topic: Speculating - Chesapeake Energy (CHK)
Replies: 55
Views: 4502

Re: Speculating - Chesapeake Energy (CHK)

Officially harvested today @ $0.87. Re invested into total US and International. North of 20k loss. Serves me right after attempting to speculate. Hopefully this serves as a thread for future speculators & the risk of individual securities. To rub it in: did you include the opportunity cost of the ...
by BlueCable
Tue Dec 17, 2019 8:32 pm
Forum: Personal Investments
Topic: Can I Retire?
Replies: 63
Views: 8077

Re: Can I Retire?

Your pension and social security at 70 will cover your expenses when you hit 70, so your withdrawal ratio is really about 3.5% for 25 years, then less than 1% for the rest of your life. Barring legislation, the Social Security Trust Fund will run out of money in the 2030s. At that point, barring leg...
by BlueCable
Tue Dec 17, 2019 9:42 am
Forum: Personal Investments
Topic: Quickest way to pay off catastrophic credit card debt?
Replies: 43
Views: 2975

Re: Quickest way to pay off catastrophic credit card debt?

Sell $60,000 of whatever needs rebalancing and pay it off.
by BlueCable
Sun Dec 15, 2019 2:14 pm
Forum: Personal Finance (Not Investing)
Topic: Genworth raising LTCi premiums 150% over next 5-7 years
Replies: 165
Views: 9016

Re: Genworth raising LTCi premiums 150% over next 5-7 years

I'm in my 30s and haven't yet looked seriously at LTC insurance.

How can a person determine if a LTC policy is right for them, if the insurance company can increase the premium so significantly? Is there a such thing as a constant premium policy?
by BlueCable
Sat Dec 14, 2019 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Gifts to your employees- how much?
Replies: 113
Views: 7367

Re: Gifts to your employees- how much?

Shallowpockets wrote:
Sat Dec 14, 2019 4:53 pm
I think that if you value your employees than a $30 gift card is Scrooge in comparison.
They are my employer's employees, not mine. I do a lot for my team, but I don't open my wallet to them.

I would have a different attitude if I owned the business.
by BlueCable
Sat Dec 14, 2019 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Gifts to your employees- how much?
Replies: 113
Views: 7367

Re: Gifts to your employees- how much?

In 12 years and 3 companies, I've never received a gift from my boss.
by BlueCable
Sun Dec 08, 2019 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Estate planning and Donor Advised Fund (DAF)
Replies: 10
Views: 694

Re: Estate planning and Donor Advised Fund (DAF)

Vanguard Charitable has removed all mention of the $250 fee from its site. Ask them to make sure, but I'm pretty sure this fee no longer exists. I found that fee mentioned several places, including in their 2018 Policies & Guidelines document: Accounts with balances less than $15,000 will be charge...