Search found 171 matches

by northtexan
Mon May 20, 2019 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: FIRE - What am I missing in the News Stories
Replies: 223
Views: 14342

Re: FIRE - What am I missing in the News Stories

I am looking to retire around the age (35-40) of the people talked about in many of these stories. It does not seem like they have enough to truly live. If my calculations are true and accurate based on historical average. My wife and I would need about 1.8-2 million dollars with half in taxable and...
by northtexan
Tue May 14, 2019 3:47 pm
Forum: Personal Consumer Issues
Topic: Using my Cell Phone in England
Replies: 47
Views: 2196

Re: Using my Cell Phone in England

I am going to be in europe, while its not england. I purchased a one month international plan that was 60 dollars, it includes 1gb of data, I plan on using wifi most of the time. It also includes unlimited text massaging, and included international calls at 30 cents per minute. If I did not get the ...
by northtexan
Tue May 14, 2019 12:31 pm
Forum: Personal Investments
Topic: Tax Gain Harvesting
Replies: 5
Views: 618

Re: Tax Gain Harvesting

I am in the 12% bracket, and therefore have a 0% tax rate on capital gains. It seemed like a no brainer to me to sell anything that had long term gains in a taxable account and rebuy it just to reset the cost basis to a new higher value, and lower any future gains and potential taxes (possibly make...
by northtexan
Tue May 14, 2019 12:04 pm
Forum: Personal Investments
Topic: Advice for 20 year old Roth IRA investment.
Replies: 17
Views: 999

Re: Advice for 20 year old Roth IRA investment.

I personally have VTI in my Roth IRA. I am also around the same age as your daughter. I like to have VTI since there is a lot of upside and its tax free gains, might as well get as much gains as possible in that account. I have forgone international or bonds in that account and have picked those up...
by northtexan
Tue May 14, 2019 10:40 am
Forum: Personal Investments
Topic: Advice for 20 year old Roth IRA investment.
Replies: 17
Views: 999

Re: Advice for 20 year old Roth IRA investment.

I personally have VTI in my Roth IRA. I am also around the same age as your daughter. I like to have VTI since there is a lot of upside and its tax free gains, might as well get as much gains as possible in that account. I have forgone international or bonds in that account and have picked those up ...
by northtexan
Sat May 11, 2019 11:29 am
Forum: Investing - Theory, News & General
Topic: Why I bet on S&P500
Replies: 51
Views: 3035

Re: Why I bet on S&P500

should go with SPXL, the 3x leveraged S&P fund. That is the real bet.
by northtexan
Sat May 11, 2019 11:27 am
Forum: Investing - Theory, News & General
Topic: Any conservative young investors?
Replies: 68
Views: 6384

Re: Any conservative young investors?

I have a friend who is a very conservative investor, but it is because he does not want risk. He also does not want to understand investing the boglehead way as well, he uses a broker with high fees/expense ratio funds. I believe that over the past 10 years (yearly contributions) the gains have bee...
by northtexan
Sat May 11, 2019 10:06 am
Forum: Investing - Theory, News & General
Topic: Any conservative young investors?
Replies: 68
Views: 6384

Re: Any conservative young investors?

I have a friend who is a very conservative investor, but it is because he does not want risk. He also does not want to understand investing the boglehead way as well, he uses a broker with high fees/expense ratio funds. I believe that over the past 10 years (yearly contributions) the gains have been...
by northtexan
Mon May 06, 2019 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle Ideas ?
Replies: 19
Views: 2851

Re: Side Hustle Ideas ?

If you have something you already enjoy doing and have the resources available to you most things can be sold. I personally like to woodwork on the side as a hobby without selling any at the moment. I am exploring new ideas that are easy to make but also that people who have seen them say they would...
by northtexan
Mon May 06, 2019 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: College Expenses
Replies: 232
Views: 11554

Re: College Expenses

A great tool that schools provide is the cost of attendance documents. Granted they will change but one could calculate future cost based on inflations estimates. This is also the same document that one would use to determine how much Room & Board one could take out of a 529 per year. They are not a...
by northtexan
Wed Apr 24, 2019 3:37 pm
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 249
Views: 37717

Re: Those with high savings rate: why?

Save early to allow your self more money to spend in the future. If I can save substantial amounts early in my career I will not have to save as much in the later years of my career. I also want to retire early to pursue a hobby.
by northtexan
Tue Apr 23, 2019 2:30 pm
Forum: Personal Consumer Issues
Topic: Who is buying 1-3 year old used Toyotas and Hondas?
Replies: 114
Views: 11928

Re: Who is buying 1-3 year old used Toyotas and Hondas?

At least for the older Hondas they had a different engine, not the current turbo engine. Some, I have heard are concerned about the new engines not being as reliable as the older one. If you look at the CRV, it has had engine problems and that engine is the same/similar to the ones in the new civics...
by northtexan
Tue Apr 23, 2019 12:11 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 951
Views: 94486

Re: U.S. stocks continue to soar!

By December 26th last year, I had fully TLH'd and flipped to 100% stocks. Now as we touch 2018 highs again (all time highs), it seems like it would be prudent to start to move back to 80/20 or 70/30. Thoughts? I am in a similar situation as you, I purchased more stock on the 24th. I am close to 95%...
by northtexan
Wed Apr 17, 2019 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5820

Re: Notice to vacate/late rent

UPDATE: Thank you for all the comments, We ended up having to pay through money order, there was about a 160 dollar late fee that that applied to the base rent. We decided to contact the management companies headquarters and explain the situation. They apologized for the form (notice to vacate) that...
by northtexan
Wed Apr 17, 2019 10:39 am
Forum: Personal Consumer Issues
Topic: Need recommendation for a Stethoscope
Replies: 5
Views: 440

Re: Need recommendation for a Stethoscope

Littmann is a great brand for stethoscopes, I currently am using one for school that my father used decades ago and works amazingly.
by northtexan
Wed Apr 10, 2019 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5820

Re: Eviction notice

Read your lease and your state rental laws. Where I live what they are doing would be essentially illegal. It takes months and court proceedings to initiate an eviction and being a couple days late is not grounds. I believe the threshold is months .... Texas is very landlord friendly. The notice wa...
by northtexan
Wed Apr 10, 2019 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5820

Re: Eviction notice

Don't know why everyone is giving you a hard time. When there is a payment method transition not initiated by you, there ought to be a modicum of grace in how irregularities are handled the first month or two. A simple phone call or an e-mail from the management office on the 6th of the month would...
by northtexan
Wed Apr 10, 2019 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5820

Re: Eviction notice

I understand their point of view but one thing I do not is, why not give a notice that rent was late. The whole system changed and there are at least 300 units in the complex. It is reasonable that one could forget since automatic payment has been on going for 3 years, even with previous management...
by northtexan
Wed Apr 10, 2019 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5820

Re: Eviction notice

I'm curious in the change of management companies if the tenants were informed that their automatic withdrawals would not go through and they needed to make other arrangements. We were notified with a paper stating it, but as with many things some get forgotten. Especially if you are used to automa...
by northtexan
Wed Apr 10, 2019 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5820

Re: Eviction notice

UPDATE: My fiancé went to the office this morning and basically just wanted rent to be paid, not to be kicked out. It is very annoying and stressful for them to send a notice to vacate over a couple days of late rent. I guess I have learned what management company to avoid in the future. Think abou...
by northtexan
Wed Apr 10, 2019 9:21 am
Forum: Personal Consumer Issues
Topic: Jacksonville, Fl Hotels
Replies: 6
Views: 389

Re: Jacksonville, Fl Hotels

Depending on how far you want to drive. The hotel right at Sawgrass is very nice. It is probably a 30-45 minute drive into downtown, but probably similar to amelia island.
by northtexan
Wed Apr 10, 2019 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5820

Re: Eviction notice

UPDATE:

My fiancé went to the office this morning and basically just wanted rent to be paid, not to be kicked out. It is very annoying and stressful for them to send a notice to vacate over a couple days of late rent. I guess I have learned what management company to avoid in the future.
by northtexan
Tue Apr 09, 2019 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5820

Re: Eviction notice

I check the bank account and rent was not taken out. At the time I did not know my fiancé has the day off so she is going to take care of it in the morning. She lucky has tomorrow off. And if it is a true eviction then I will just have to miss class. To clarify it is a "notice to vacate", which I as...
by northtexan
Tue Apr 09, 2019 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5820

Re: Eviction notice

The documents like that have to be harsh sounding. 1: They want you to react ASAP. 2: If you are a deadbeat, they have to be legally firm with you. I had one of those once when they rental manager company deposited my check in their mortgage good-faith account. In the end they sent me a "everything...
by northtexan
Tue Apr 09, 2019 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5820

Re: Eviction notice

feehater wrote:
Tue Apr 09, 2019 7:58 pm
You said you are a student, do you perhaps go to a large University like UNT? Some universities have legal offices to help students with landlord issues like this.
Yeah I go to a UNT campus. I will have to look into that.
by northtexan
Tue Apr 09, 2019 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5820

Re: Eviction notice

Maybe looking at these steps will help you figure out a way around this: https://www.barkerhillrealty.com/landlord-guide/how-to-evict-a-tenant-in-texas/ Thanks for the link. one of the first things it said is "Landlord must give a delinquent tenant at least 3 days written notice before filing an ev...
by northtexan
Tue Apr 09, 2019 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5820

Re: Eviction notice

Wow. 9 days? Where I live it would take months to get someone out for non-payment. It seems like they may want to get you out to raise the rents. Pay the rent in a verifiable manner (bring cashiers check to their office and get a receipt or send a check certified, return receipt). Evictions where I...
by northtexan
Tue Apr 09, 2019 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5820

Re: Eviction notice

I'm no expert, but landlord / tenant rights and protections and eviction procedures do vary locally. Do some online research for those topics for your city, county, state, and/or other local jurisdiction. That's something you can start tonight. When you received notice that the building was being s...
by northtexan
Tue Apr 09, 2019 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5820

Re: Eviction notice

man that is harsh. I can't believe no one informed the tenants about the automatic payment change? I am guessing you aren't the only person in your complex who is facing this. Maybe they did this deliberately to get tenants out and up the rent? Good luck That is a good point I do have a lower rate ...
by northtexan
Tue Apr 09, 2019 7:14 pm
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5820

Re: Eviction notice

leeks wrote:
Tue Apr 09, 2019 7:11 pm
Do not panic. Contact management first thing tomorrow, probably best to go in person to ensure resolution.
I plan on doing that but to do so I will miss class which is inconvenient.
by northtexan
Tue Apr 09, 2019 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Notice to vacate/late rent
Replies: 59
Views: 5820

Notice to vacate/late rent

Recently my apartments changed ownership. I usually pay rent online through automatic withdrawal, when the change went into effect I am guessing that the system changed and my rent did not get paid. I arrive home today and see an eviction notice due to the fact that it has been 9 days of unpaid rent...
by northtexan
Mon Apr 08, 2019 4:35 pm
Forum: Personal Consumer Issues
Topic: Solution for a thick wallet
Replies: 58
Views: 5202

Re: Solution for a thick wallet

I recently went to a new "wallet". I used to have a leather one that I would accumulate things like receipts and extra cards in over the years. I had a Secrid wallet from a business function and decided to try it out since it is very small. It hold 7 cards without raised print which is more than eno...
by northtexan
Sat Mar 30, 2019 10:56 am
Forum: Personal Consumer Issues
Topic: I drive 8000 miles a year, what car do you recommend?
Replies: 39
Views: 3348

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

I raelly like the look of the honda insight. It looks very similar to the accord and gets about 50 MPG. If I were to get a new car I would definitely want this car. I recently purchased a 2017 accord and love it but am not satisfied with the MPG it gets, around 30. I should have held out for the ins...
by northtexan
Wed Mar 27, 2019 4:28 pm
Forum: Personal Investments
Topic: Quick opinion
Replies: 15
Views: 1702

Re: Quick opinion

I like to use MLedge. It is pretty convenient and if you move both IRA funds to them you can get special benefits for being in BoA/ML preferred rewards status. You will get interest rate booster, credit card rewards bonus, free stock trades if your combined balance is over 100k. It is easy to naviga...
by northtexan
Wed Mar 27, 2019 10:12 am
Forum: Personal Consumer Issues
Topic: High School Senior Pictures
Replies: 91
Views: 4835

Re: High School Senior Pictures

If you live near a university or art school you might be able to find a student that has a good portfolio. They would be significantly cheaper than established photographers. $500 dollars is a lot depending on how long the shoot is. I know a professional photographer that does commercial shoots and ...
by northtexan
Fri Mar 22, 2019 11:25 am
Forum: Personal Investments
Topic: saving too much?
Replies: 17
Views: 1477

Re: saving too much?

I think you’d be sacrificing too much to save that amount solely in retirement accounts. My situation is a little different since I’m single, but I make ~110k and max out my t401k, rIRA, and HSA. I’m also aggressively paying off my house. I don’t feel the need to invest additional funds at this tim...
by northtexan
Fri Mar 22, 2019 10:17 am
Forum: Personal Investments
Topic: saving too much?
Replies: 17
Views: 1477

saving too much?

I will be graduating in a little over a year, my fiancé and I will hopefully be making lows 6 digits and currently have a plan for aggressive savings and investing for 10-15 years and then hopefully retire. Our goal would be to save about 1/2 of our take home pay in tax deferred and a taxable accoun...
by northtexan
Wed Mar 20, 2019 3:34 pm
Forum: Personal Investments
Topic: Roth vs Traditional - Tax Bracket and 401K?
Replies: 27
Views: 1508

Re: Roth vs Traditional - Tax Bracket and 401K?

I really enjoy the Roth, especially in your tax bracket. Many hope to be in a higher tax bracket then that when in retirement. I also like the idea of knowing exactly how much you have in hand. With a traditional and a 401K the amount you see in the account is pretax meaning you have less than what ...
by northtexan
Wed Mar 20, 2019 2:26 pm
Forum: Personal Finance (Not Investing)
Topic: Best Bank for Newlyweds
Replies: 27
Views: 1437

Re: Best Bank for Newlyweds

I too am getting married soon, and will be moving money to BoA and ML due to their rewards systems. I am not sure if we will have joint accounts and credit cards. I am leaning to having multiple credit cards to maximize the cash back benefits. I chose BoA since I have been with them for a while and ...
by northtexan
Wed Mar 06, 2019 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Wife got company car. Should we sell 2 year old car?
Replies: 36
Views: 3063

Re: Wife got company car. Should we sell 2 year old car?

No way I’d sell with the short period she’ll be in the role. Always gotta keep a getaway car. I don't think I'd sell it either. Well I would: I'd "sell" it to Grandma for $1. After I quit GM, I'd "buy" it back from Grandma for $1. Keep it in the family! Seriously, [Honda Pilot] > [Any GM car.] one ...
by northtexan
Wed Mar 06, 2019 2:35 pm
Forum: Personal Consumer Issues
Topic: Talk me in/out of $35k Tesla Model 3
Replies: 286
Views: 19249

Re: Talk me in/out of $35k Tesla Model 3

I am not too caught up with Tesla and how owning one is. But one thing I would be concerned with is the cost of electricity and the cost of installing a charging station in your garage. Also the cost of moving the charging unit if you decide to in the future. Many people have mentioned the mechanica...
by northtexan
Wed Feb 27, 2019 2:53 pm
Forum: Personal Investments
Topic: Does anyone own gold?
Replies: 78
Views: 7734

Re: Does anyone own gold?

I do own some gold and silver. Most of the gold is gold jewelry I got when I was a child. The silver was bought a while ago when it was about 26 dollars. How does one calculate capital gains or losses and report them when one sells their physical metals? I am assuming you would need to keep receipt ...
by northtexan
Mon Feb 25, 2019 4:35 pm
Forum: Personal Consumer Issues
Topic: First time to Hawaii
Replies: 44
Views: 2760

Re: First time to Hawaii

I have been to maui once with family a few years ago, I would recommend getting a car for one day there if you can and go up haleakala for the sunrise. It is an amazing view up there and a great sunrise. be prepared to leave at around 330am though. I have not been to the big island. I have family on...
by northtexan
Tue Feb 19, 2019 3:19 pm
Forum: Personal Consumer Issues
Topic: Favorite youtube channels?
Replies: 81
Views: 7458

Re: Favorite youtube channels?

I am not sure of the age group here, I am probably one of the younger being 25. I really enjoy watching surfing "personalities" such as Brett Barley, Jamie Obrien, and Koa Rothman ("this is living"). I enjoy surfing when I have the option and it is amazing what these guys can do in the water. I also...
by northtexan
Mon Feb 18, 2019 3:52 pm
Forum: Personal Investments
Topic: Funding retirement with a taxable account
Replies: 14
Views: 1826

Re: Funding retirement with a taxable account

If there is no pension and no social security, one can draw out of their tax-deferred account up to the standard deduction and pay no income tax on it. That is preferable to taking that same amount from taxable, because in that case income tax was paid on it the year it was earned. For MFJ in 2019,...
by northtexan
Mon Feb 18, 2019 3:23 pm
Forum: Personal Investments
Topic: Funding retirement with a taxable account
Replies: 14
Views: 1826

Funding retirement with a taxable account

I have seen a lot of post about RMDs during retirement and how those could end up "screwing" you tax wise when in retirement. When retired most will not make any money and if you can still fall into the lower tax brackets were LTCG is taxed at 0%, would it make sense to use a taxable account to fund...
by northtexan
Thu Feb 07, 2019 1:35 pm
Forum: Personal Consumer Issues
Topic: Carvana
Replies: 42
Views: 4122

Re: Carvana

There is no dealing with dealerships nowadays. You copy paste several emails, 3 lines,mostly copy pasted. 3-4 emails a day for several days. Decide on the best offer, show up at dealership, sign the papers. In 1-2h you are out with the car. Of course, no trade in, that is another way of losing mone...
by northtexan
Thu Feb 07, 2019 1:33 pm
Forum: Personal Consumer Issues
Topic: Carvana
Replies: 42
Views: 4122

Re: Carvana

I purchased one of my current vehicles (2017 Accord) from them last July. The car was in good condition, but they say that they detail it and wax it on their website. That was not done. They also list all the flaws on the car and there were a few that were not mentioned. Since I noticed these the da...
by northtexan
Tue Feb 05, 2019 3:07 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 843
Views: 84926

Re: What frugal thing did you do today?

Went and filled up a few 5 gallon jugs of drinking water. One dollar for 5 gallons. Its a lot better than tap water and a lot cheaper than bottled water.
by northtexan
Mon Feb 04, 2019 4:46 pm
Forum: Personal Consumer Issues
Topic: Car Benz C-300 Not starting often - Dealer no Help
Replies: 45
Views: 2854

Re: Car Benz C-300 Not starting often - Dealer no Help

It could be a bad starter. My car is not a mercedes, but a toyota. My starter is starting to go out and sometimes the key needs to be turned multiple times for it to "connect". I typically hear a sound of the metal meeting but not fully connecting to finish the circuit. Not sure about a mercedes and...