Search found 1011 matches

by rr2
Mon Apr 02, 2018 8:57 pm
Forum: Personal Consumer Issues
Topic: New Microwave - what to select?
Replies: 11
Views: 1396

Re: New Microwave - what to select?

We got a powerful Panasonic "inverter technology" one about seven years ago and it still runs like a champ. This looks like the newer model of the same thing: https://www.amazon.com/gp/product/B01DEWZUJQ/ref=ask_ql_qh_dp_hza It is very fast, and the knob is a nicer interface than the buttons most m...
by rr2
Wed Mar 28, 2018 5:31 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 22328

Re: A lot of heavy hitters this morning

Ok. I apologize. I did not intend to demoralize rather illustrate that you don’t need to be a doctor or a google employee to make it FI. Slow and steady savings gets you there. Lots of $100,000 jobs around. As long as husband and spouse makes $100,000 each it should be doable. I respectfully sugges...
by rr2
Wed Mar 21, 2018 3:25 am
Forum: Personal Finance (Not Investing)
Topic: Buying vs renting - really tough decision to make
Replies: 64
Views: 5253

Re: Buying vs renting - really tough decision to make

@ TheBogleWay -- This is the way I understand how I would apply the NY Times calculator. Your Case 1: 1M house -- Plug in the house price into the calculator. Adjust the other assumptions to match local conditions. It comes up with a rent. If you are able to rent a comparable house for less than the...
by rr2
Tue Mar 20, 2018 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Buying vs renting - really tough decision to make
Replies: 64
Views: 5253

Re: Buying vs renting - really tough decision to make

OP -- Almost every single financial argument and fact presented in the OP logically points towards renting being the better option. Yet you claim to be emotionally torn. Why? Looking at at from the affordability viewpoint, it is probably OK given your joint income after marriage. I assume that you h...
by rr2
Tue Mar 20, 2018 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Cash Advance on Credit Card for $3K Car
Replies: 43
Views: 2952

Re: Cash Advance on Credit Card for $3K Car

It's hard to tell without knowing what your spending and budget looks like. Assuming that you want to pay down in one year, the payments would be close to $300/month. This does not include gas, insurance, maintenance. I'd suggest you take a real good look at your budget and spending and then decide ...
by rr2
Mon Feb 26, 2018 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Which debt to pay down first?
Replies: 30
Views: 1790

Re: Which debt to pay down first?

I vote Option 4. But this depends on your preference. I would aim to get to have accumulated at least 25x Expenses (excluding debt) + Debt. In your case 25x + (325K). So are you saying once I have 25x + $325k I should then start paying down the debt instead of investing more in taxable? This was my...
by rr2
Sun Feb 25, 2018 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Which debt to pay down first?
Replies: 30
Views: 1790

Re: Which debt to pay down first?

I vote Option 4.

But this depends on your preference. I would aim to get to have accumulated at least 25x Expenses (excluding debt) + Debt. In your case 25x + (325K).
by rr2
Fri Feb 23, 2018 10:20 pm
Forum: Personal Consumer Issues
Topic: A Week in Barcelona in March
Replies: 3
Views: 442

Re: A Week in Barcelona in March

Lots to do in Barcelona. One of my favorite cities to visit. Day trips Figueres (Dali Museum if you like Dali stuff) Rupit (+ hiking) --> I went with a Meet Up group Insideout Barcelona. (https://www.meetup.com/Insideout-Barcelona/) Also, just outside Barcelona Sant Sadurni d Anoia has Cava Freixene...
by rr2
Thu Feb 22, 2018 9:22 pm
Forum: Investing - Help with Personal Investments
Topic: Need $100,000 in 20 years. Help!
Replies: 52
Views: 6423

Re: Need $100,000 in 20 years. Help!

Isn't the amount revised yearly based on discretionary income and family size? Also if you get married and file jointly, total income is taken into account.
by rr2
Thu Nov 23, 2017 5:55 pm
Forum: Personal Consumer Issues
Topic: Chromebooks- What is the lure?
Replies: 157
Views: 20192

Re: Chromebooks- What is the lure?

I'm able to use the regular Chrome browser on my Chromebook to fill PDF forms. However, I cannot save it filled. What I do after filling is choose Print and then Save to PDF file. This PDF file preserves the entries that I made but loses the Fillability. No more changes can be made. It's been more t...
by rr2
Tue Nov 07, 2017 9:21 pm
Forum: Investing - Theory, News & General
Topic: "I took all my money out of the stock market and it feels amazing"
Replies: 69
Views: 10445

Re: "I took all my money out of the stock market and it feels amazing"

You can’t Time the market, but you can evaluate where you are relative to your goals, where the market is, and take rational action. With someone who has made great gains in the last decade, is very close to retirement goals, seeing modest forward looking equity returns with wide dispersion of poss...
by rr2
Tue Nov 07, 2017 8:55 pm
Forum: Investing - Theory, News & General
Topic: "I took all my money out of the stock market and it feels amazing"
Replies: 69
Views: 10445

Re: "I took all my money out of the stock market and it feels amazing"

Hmmm....I'm skeptical of something and wonder if someone can help me out. She says: Back in the early 1980s, I inherited $50,000. At the time, that was so much more money than I’d ever had before that I decided I’d better educate myself about financial matters. After much research, I put that money...
by rr2
Thu Nov 02, 2017 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 10533

Re: My 401k is almost all cash now. 1/2 Mil

Please take a look at the following video. No one can be more convincing than Jack Bogle. https://www.youtube.com/watch?v=k6ra5POdsYg Thanks for this link. I love listening to him. Very interesting that Bogle admitted to have himself market-timed before the 2000 crash by going down to an asset allo...
by rr2
Thu Nov 02, 2017 2:21 am
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 10533

Re: My 401k is almost all cash now. 1/2 Mil

My strategy was, once market drops 20% I will start buying again. It worked in 2008. I moved 100% in sp500. Kept on selling till 2016 Feb. Now I am just waiting. I may start DCA into SPY a little bit and hope for a crash in next few years. Can you elaborate a little more? When in 2008 did you sell ...
by rr2
Thu Nov 02, 2017 1:55 am
Forum: Investing - Help with Personal Investments
Topic: My 401k is almost all cash now. 1/2 Mil
Replies: 89
Views: 10533

Re: My 401k is almost all cash now. 1/2 Mil

My strategy was, once market drops 20% I will start buying again. It worked in 2008. I moved 100% in sp500. Kept on selling till 2016 Feb. Now I am just waiting. I may start DCA into SPY a little bit and hope for a crash in next few years. Can you elaborate a little more? When in 2008 did you sell ...
by rr2
Tue Oct 10, 2017 7:35 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1937
Views: 359124

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

16% YTD (up to 9/30/2017) with roughly an AA of 60/40 Stocks/Fixed Income.
by rr2
Tue Oct 10, 2017 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 19245

Re: [Boglehead vs Mr Money Mustache philosophies]

In my area we have local meetings of both Bogleheads and MMM followers. I've been to several of each over the last couple years. I feel a bit out of place at the MMM meetings because my high savings rate is due more to a high income than frugal living, and I have a gas guzzling car and a boat, but ...
by rr2
Mon Jul 24, 2017 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Pay yourself first.
Replies: 43
Views: 4781

Re: Pay yourself first.

This is the strategy we use. -- Payroll deductions to 401ks twice a month from each paycheck (7th and 22nd of each month). -- IRA contributions around the 15th of each month. -- Taxable account contribution the first of each month. All of the above are automated. The rest is in the checking account....
by rr2
Mon Apr 17, 2017 12:21 am
Forum: Investing - Help with Personal Investments
Topic: I got a FACTA-related form from my home country?
Replies: 24
Views: 1870

Re: I got a FACTA-related form from my home country?

If it were me, I'd close the account and have my family member pay my bill. It is very easy to transfer money from the US to foreign bank accounts (in India for example) with very low fees (less than $5). Sorry to hijack the thread. How? Most banks seem to charge a lot to do a wire transfer, and se...
by rr2
Sun Apr 16, 2017 11:01 pm
Forum: Local Chapters and Bogleheads Community
Topic: Hawaii Bogleheads, where are you?
Replies: 26
Views: 4110

Re: Hawaii Bogleheads, where are you?

I would join but am on Big Island -- Hilo side ;)
by rr2
Sun Apr 16, 2017 10:39 pm
Forum: Investing - Help with Personal Investments
Topic: I got a FACTA-related form from my home country?
Replies: 24
Views: 1870

Re: I got a FACTA-related form from my home country?

And does it matter than the foreign account is a joint account with a family member who is not a US citizen/resident/person/whatever? In fact, the money is arguably "not mine". I only use it once a year to pay some bills in the home country, and other than that I have told my family the money is fr...
by rr2
Sat Apr 15, 2017 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: I got a FACTA-related form from my home country?
Replies: 24
Views: 1870

Re: I got a FACTA-related form from my home country?

Do you need that account to remain open. If not, just close that bank account and be done with it.
by rr2
Sat Jan 28, 2017 1:16 am
Forum: Investing - Theory, News & General
Topic: Scott Burns is Signing Off -- He'll be missed
Replies: 25
Views: 7263

Re: Scott Burns is Signing Off -- He'll be missed

I owe a particular debt to Miss Ozgood, my 11th grade English teacher. I wanted to be an engineer and an astronaut, but she started the fire. She asked her students to write sentences instead of diagraming them, and I did. School is not so easy and it is not for the most part very fun, but then, if...
by rr2
Sat Jan 28, 2017 1:12 am
Forum: Personal Consumer Issues
Topic: Priority Pass airport lounge access - Chase Sapphire Reserve perk (and possibly other cards)
Replies: 24
Views: 4891

Re: Priority Pass airport lounge access - Chase Sapphire Reserve perk (and possibly other cards)

traveltoomuch -- thank you. And I like your username :) To add another datapoint, there are two PP lounges in HNL. One is the IASS lounge (contract) in the main terminal which is small, somewhat dingy, and can get crowded. In comparison, the other lounge which is the HA Plumeria lounge in the inter...
by rr2
Fri Jan 27, 2017 1:50 pm
Forum: Personal Consumer Issues
Topic: Priority Pass airport lounge access - Chase Sapphire Reserve perk (and possibly other cards)
Replies: 24
Views: 4891

Re: Priority Pass airport lounge access - Chase Sapphire Reserve perk (and possibly other cards)

PP does not include UA lounge access, however, there maybe contract lounges that serve both. In the OP's case, NGO (Nagoya) is not a UA lounge, but a StarAlliance lounge which is also a PP contract lounge. Cruise -- Thanks for the explanation. Sorry to have caused the confusion. You are correct -- ...
by rr2
Thu Jan 26, 2017 7:41 pm
Forum: Investing - Theory, News & General
Topic: "Don't Overcomplicate Your Portfolio"
Replies: 27
Views: 5437

Re: "Don't Overcomplicate Your Portfolio"

Simplicity works. I have a friend who, over many years, has finally whittled his portfolio down to: 96% Target Retirement fund 4% credit union checking/savings He rebalances once a year. His motto is that money doesn't like to be micromanaged. The less you mess with your money, the more of it you'l...
by rr2
Thu Jan 26, 2017 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: Stocks/ETFs in Brokerage that would stand strong against a crash
Replies: 10
Views: 1076

Re: Stocks/ETFs in Brokerage that would stand strong against a crash

This is just my opinion BUT

Nobody Knows Nothing

And if anyone claims they do, run away. Run far away.

Good luck!
by rr2
Thu Jan 26, 2017 6:28 pm
Forum: Investing - Theory, News & General
Topic: "Don't Overcomplicate Your Portfolio"
Replies: 27
Views: 5437

Re: "Don't Overcomplicate Your Portfolio"

Simplicity works. I have a friend who, over many years, has finally whittled his portfolio down to: 96% Target Retirement fund 4% credit union checking/savings He rebalances once a year. His motto is that money doesn't like to be micromanaged. The less you mess with your money, the more of it you'l...
by rr2
Thu Jan 26, 2017 6:16 pm
Forum: Personal Consumer Issues
Topic: Priority Pass airport lounge access - Chase Sapphire Reserve perk (and possibly other cards)
Replies: 24
Views: 4891

Re: Priority Pass airport lounge access - Chase Sapphire Reserve perk (and possibly other cards)

-- Lounge access can be restricted based on times. Have you actually ever tried to access a lounge during a restricted period? I'm not doubting that they will turn someone away but just wondering if anyone has experienced it firsthand. Based on my experience of having entered during an open period ...
by rr2
Thu Jan 26, 2017 4:57 pm
Forum: Personal Consumer Issues
Topic: Priority Pass airport lounge access - Chase Sapphire Reserve perk (and possibly other cards)
Replies: 24
Views: 4891

Re: Priority Pass airport lounge access - Chase Sapphire Reserve perk (and possibly other cards)

Here's my experience so far. -- Lounge access can be restricted based on times. -- Lounge can be far from your gate or even in a different terminal/concourse. In some cases, this can be very inconvenient. For example at NRT, lounge access is only available beyond immigration. So if you are transitin...
by rr2
Wed Jan 25, 2017 5:34 pm
Forum: Personal Consumer Issues
Topic: best way to buy TaxAct
Replies: 39
Views: 6092

Re: best way to buy TaxAct

Using thebigad's link, I was able to get the online Plus version (federal+state) for $20. Thanks.
by rr2
Tue Jan 24, 2017 8:26 pm
Forum: Personal Consumer Issues
Topic: Getting the best current mortage interest rate
Replies: 10
Views: 1653

Re: Getting the best current mortage interest rate

This was a while ago (2011/2012) when I did my last couple refi's using an online broker (First Internet Bank). Everything did go mostly well but it did require being on top of the process. Everything was via email/internet and required responding to requests on time. They had the best rates for a g...
by rr2
Tue Jan 24, 2017 5:35 pm
Forum: Personal Consumer Issues
Topic: Best Places to Live in US?
Replies: 123
Views: 13457

Re: Best Places to Live in US?

I ponder this question a lot. If I had my pick, I'd probably find a good school district somehwere in Hawaii. I'd trade down to a smaller house for the ability to play in the ocean with my kids more instead of 1 or 2 weeks a year on vacation. Also, property taxes are very low. Except for some of th...
by rr2
Tue Jan 24, 2017 3:51 pm
Forum: Personal Consumer Issues
Topic: Camera Recommendation
Replies: 14
Views: 1677

Re: Camera Recommendation

With that budget, I'd be considering the more advanced APS-C mirrorless cameras, such as the Fuji XT2/XT1 or the M43 camera such as Olympus OM-D E-M1 Mark II. The catch is that you will have to get newer lenses and the can get expensive in a hurry. PS: I don't have any of those cameras but frequentl...
by rr2
Tue Jan 24, 2017 2:36 pm
Forum: Personal Consumer Issues
Topic: Camera Recommendation
Replies: 14
Views: 1677

Re: Camera Recommendation

What is your budget? Will you be carrying the camera with you always? Does size/weight of camera matter? Are you attached to your lenses? PS: I also have a T1i and still like it a lot. It is a great camera. Recently, I installed Magic Lantern and it has given my T1i a new lease of life with tons of ...
by rr2
Sun Jan 15, 2017 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: is a 401k loan always terrible?
Replies: 51
Views: 5451

Re: is a 401k loan always terrible?

Years ago, I asked the same question and received some great advice and also learnt a lot about 401k loans and other aspects including interest, alternatives etc.

viewtopic.php?f=2&t=57638

I am grateful to forum members who posted in that thread.
by rr2
Thu Jan 12, 2017 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Tight Budget Noobie help with Retirement
Replies: 31
Views: 2503

Re: Tight Budget Noobie help with Retirement

You do have a tight budget situation. One thing I noticed --
Mortgage of 220K at 4.5% for 30 years comes to about $1050 while you list $1200 in your budget for the mortgage amount.
by rr2
Thu Jan 12, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: How to best approach saving for retirement/debt reduction
Replies: 15
Views: 1540

Re: How to best approach saving for retirement/debt reduction

A long time ago, I bought something on a 0% loan for 12 months. The terms were that if the loan was not completely paid back in 12 months, then interest would be retroactively charged at the higher rate from the start of the loan. Not sure if such loans and terms still exist. Something to check. Fo...
by rr2
Thu Jan 12, 2017 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: How to best approach saving for retirement/debt reduction
Replies: 15
Views: 1540

Re: How to best approach saving for retirement/debt reduction

A long time ago, I bought something on a 0% loan for 12 months. The terms were that if the loan was not completely paid back in 12 months, then interest would be retroactively charged at the higher rate from the start of the loan. Not sure if such loans and terms still exist. Something to check.
by rr2
Wed Jan 11, 2017 3:10 pm
Forum: Personal Consumer Issues
Topic: Trip to Kona, Hawaii - Suggestions
Replies: 44
Views: 3609

Re: Trip to Kona, Hawaii - Suggestions

Going unto the summit of Mauna Kea can be a fun experience especially around sunset. A 4 wheel drive vehicle is recommended for the dirt road. Most rental car companies prohibit the taking of vehicles as per the rental contract so you need to check. Also the drive from Kona to Hilo via the Hamakua c...
by rr2
Tue Jan 10, 2017 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: 2017 Goals...What should we do?
Replies: 15
Views: 2085

Re: 2017 Goals...What should we do?

If it were me, my first priority would be to max both Roth IRAs. I would not rush to pay off the 0.9% debt unless you are really debt averse. It would be very beneficial to come up with a long term investment plan.
by rr2
Tue Jan 10, 2017 12:20 am
Forum: Investing - Help with Personal Investments
Topic: [403(b) Fidelity or TIAA Cref allocation, and do I want one?]
Replies: 137
Views: 6984

Re: EJ not [costing me as much as] others?

ai_3_us wrote:Unfortunately my income is not enough right now to fully support my Roth, though I would like to.
If you are making at least $5500/year in earned income, then you can max your Roth IRA. As livesoft mentioned, you can withdraw from your EJ account for living expenses.
by rr2
Mon Jan 09, 2017 11:19 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 224
Views: 23278

Re: How Bad was 2008, really?

Think of driving 60 mph down a steep, windy, wooded road on a dark and rainy night when your headlights and brakes go out. How would you explain that feeling to your kid brother as you drive down the same stretch of road eight years later in broad daylight, and he says to you, "What's the big deal,...
by rr2
Wed Dec 28, 2016 12:24 am
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Gift to You.
Replies: 98
Views: 10417

Re: My Christmas Gift to You.

We are honored by your service, Mr. Larimore. You SIr, belong to the finest. Thank you for the bottom of my heart.
by rr2
Wed Mar 12, 2014 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Savings Growth exceeds Annual Retirement Expense
Replies: 29
Views: 3937

Re: Retirement Savings Growth exceeds Annual Retirement Expe

At age 41, we hit this. All it took was for us to become a two income family. Prior to that we were living on, paying down debt, and saving a little on one income. The second person went to work and had an income greater than our total expenses till then. We saved all of the second persons income. V...
by rr2
Tue Mar 11, 2014 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: % of annual income saved compared to final portfolio goal
Replies: 33
Views: 3311

Re: % of annual income saved compared to final portfolio goa

This also didn't make me feel very good. Then again, I am 25 and just started saving a year ago. I got .02% with a 40%+ savings rate of my after tax income. Maybe I should focus on making a better income! :greedy Or reduce your final portfolio goal ;) Look at the formula and graph linked to in simp...
by rr2
Mon Mar 10, 2014 7:34 pm
Forum: Forum Issues and Administration
Topic: Android / iPhone app
Replies: 11
Views: 3627

Re: Android / iPhone app

See this thread requesting tapatalk support for this forum.

http://www.bogleheads.org/forum/viewtopic.php?t=71832

This forum works great on my iPad via Safari. On the iPhone, not so much -- the font is small and you have to scroll a lot.
by rr2
Mon Mar 10, 2014 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need hurricane insurance in hawaii
Replies: 2
Views: 668

Re: Do I need hurricane insurance in hawaii

In Hawaii, for single family housing with a mortgage, the lender requires hurricane insurance. Not sure about condos.
by rr2
Mon Mar 10, 2014 11:51 am
Forum: Investing - Help with Personal Investments
Topic: % of annual income saved compared to final portfolio goal
Replies: 33
Views: 3311

Re: % of annual income saved compared to final portfolio goa

letsgobobby wrote:
grap0013 wrote:So far, 50% of respondents are saving more than 2%. That is very impressive.
Bogleheads are like their own little bell curve on the tail of the bell curve that is America.
Funny. I almost spit out my morning tea. !!