Search found 653 matches

by hightower
Wed Jul 01, 2020 4:25 pm
Forum: Personal Consumer Issues
Topic: Solar with battery/tesla wall
Replies: 74
Views: 4553

Re: Solar with battery/tesla wall

we have cheap electricity here, $0.14/kWh. Tesla's offering had a break even point at greater than 25 years. :shock: That supports my earlier point: if you are paying anything close to the U.S. average for electricity, the break-even point on solar setups is still too far out there to make the illi...
by hightower
Wed Jul 01, 2020 4:16 pm
Forum: Personal Consumer Issues
Topic: Solar with battery/tesla wall
Replies: 74
Views: 4553

Re: Solar with battery/tesla wall

We have a new roof.. were in NorCal CA. I dont have an electric car yet.. likely will in the next 5 years. I dont think I want solar without some kind of house battery/tesla wall to store energy. My monthly Pg&e bill is around 200, mostly electric. Questions: 1. What are my current options. More im...
by hightower
Tue Mar 17, 2020 10:35 am
Forum: Personal Investments
Topic: Who is continuing to buy as planned?
Replies: 119
Views: 8351

Re: Who is continuing to buy as planned?

Well for me it's a little more complicated. I believe you should continue buying each pay period as always no matter what the market is doing. For me, I need to temporarily hoard a little more cash because I may be changing careers in the next couple of months and need to make sure we have plenty of...
by hightower
Mon Mar 16, 2020 8:56 pm
Forum: Personal Investments
Topic: Dow down about 31.5% from highs
Replies: 22
Views: 2768

Re: Dow down about 31.5% from highs

Why do you suppose the media focuses on the negative aspects of investing, but fails to point out the positives? Could it simply be those who report financial media are as ill-informed as the average investor? (I believe in the notion that you should not attribute malice to what can easily be expla...
by hightower
Mon Mar 16, 2020 8:53 pm
Forum: Personal Investments
Topic: Dow down about 31.5% from highs
Replies: 22
Views: 2768

Re: Dow down about 31.5% from highs

i'm 38 years old and (sadly) i'm hoping the market to drop slowly for another few months so i can buy more at a discount does that make me sound selfish? i always had bad luck on my side so hopefully this downturn will work in my favor i lump sum $24,000 in January 2020 (worst timing ever! lol) lik...
by hightower
Mon Mar 16, 2020 8:47 pm
Forum: Personal Investments
Topic: Dow down about 31.5% from highs
Replies: 22
Views: 2768

Re: Dow down about 31.5% from highs

Yes, it's down quite nicely. I just rebalanced our 401k's today. For the last year or so I've had us at 60:30:10 (stocks/bonds/cash) in anticipation of an eventual market downturn. Now, I've went ahead and deployed that cash portion and rebalanced to 70% stocks 30% bonds, where I'll stay until the n...
by hightower
Thu Mar 12, 2020 9:21 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19269
Views: 2675926

Re: U.S. stocks in free fall

I wish I had more cash to buy. When this irrational fear subsides, the market is going to become a rocket ship to glory. Unfortunately the fear is not irrational at all. There are 2 extremes we’re hearing right now. One is that this virus will be the end of humanity and the other is that the virus ...
by hightower
Fri Mar 06, 2020 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Installing solar - worth it?
Replies: 70
Views: 4162

Re: Installing solar - worth it?

When PGE cuts your power due to fire, for example, you will have no power even with solar panels. The power generated by solar panels goes to the grid not your own house. Tesla Powerwall solves this nicely. We are able to still use our system during a power failure. The gateway prevents any solar g...
by hightower
Fri Mar 06, 2020 8:33 am
Forum: Investing - Theory, News & General
Topic: Warren Buffet on renewable energy
Replies: 94
Views: 7004

Re: Warren Buffet on renewable energy

I think wind turbines are an environmental disaster. They kill birds and bats by the hundreds. The emit low-frequency noise, so they cannot be located near people. You still need all the fuel burning plants for back-up, so have to have all the capital for two systems or accept your lights going out...
by hightower
Thu Mar 05, 2020 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Installing solar - worth it?
Replies: 70
Views: 4162

Re: Installing solar - worth it?

When PGE cuts your power due to fire, for example, you will have no power even with solar panels. The power generated by solar panels goes to the grid not your own house. Tesla Powerwall solves this nicely. We are able to still use our system during a power failure. The gateway prevents any solar g...
by hightower
Thu Mar 05, 2020 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Installing solar - worth it?
Replies: 70
Views: 4162

Re: Installing solar - worth it?

Bogleheads, what's your take on installing solar panels purely from a financial standpoint? Some info specific to our household- - There is some sort of incentive for installing solar before 2020 is up. Spouse is doing research on this. There is a federal tax credit that is being quickly phased out...
by hightower
Mon Feb 24, 2020 1:39 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1613
Views: 132725

Re: Preparations underway

Bogle7 wrote:
Mon Feb 24, 2020 1:18 pm
We are preparing by flying to Milano this Friday.
3-week vacation.
I hope you are prepared for the possibility of a quarantine in that country while you are there. I would not feel comfortable travelling internationally right now.
by hightower
Mon Feb 24, 2020 1:15 pm
Forum: Investing - Theory, News & General
Topic: Coronavirus and the market
Replies: 4001
Views: 305235

Re: Coronavirus and the market

For the first time in my life, I am seriously considering stocking up on enough food supplies to last two months. I didn't even feel the need to do this after 9/11, but I cannot help but think this will spread into the U.S. and city or region lockdowns/quarantines could be enforced. The food I buy ...
by hightower
Mon Feb 24, 2020 12:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19269
Views: 2675926

Re: U.S. stocks in free fall

I’m already 60/30/10. Decided I could stay the course at that level awhile ago. Today, I’m glad I did. I’ve got cash on hand if this gets as ugly as I think it will and plenty of bonds to rebalance with. See you all at the bottom!
by hightower
Mon Feb 24, 2020 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard's web site is down
Replies: 24
Views: 3043

Re: Vanguard's web site is down

Glad I went to 60/30/10 awhile back. This is gonna get ugly.
by hightower
Sun Feb 23, 2020 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3334

Re: Just abandoned PSLF for SoFi - how aggressively should I pay this off?

This thread inspired me to pay off my last student loan. I just sent $62k to Navient this past week. Feels good. Now we are chipping away at our mortgage too. We're on a roll.
by hightower
Sun Feb 23, 2020 2:53 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1613
Views: 132725

Re: Coronavirus (Consumer Issues) How you are preparing?

It might be better to just start avoiding crowded places even if you have a mask. It might also help to limit who you are spending time with. The corona virus spread pretty well on the quarrentined cruise ship and the numbers of infected from S.Korea and Italy seems to indicate the virus spreads wh...
by hightower
Sun Feb 23, 2020 2:45 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1613
Views: 132725

Re: Coronavirus (Consumer Issues) How you are preparing?

14000 people have died this season in the US from the Flu, much more than the Coronavirus. Get a flu shot and wash your hands. This answer always cracks me up. Yes, more have died from the flu so far, but between 30-40 million have been infected by the flu since Oct 2019. You can't just compare the...
by hightower
Sun Feb 23, 2020 2:31 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1613
Views: 132725

Re: Coronavirus (Consumer Issues) How you are preparing?

We have a number of threads on Coronavirus, but I want this one to specifically focus on consumer issues and how you are preparing. The way I see it, risk of infection is not the same as risk of quarantine; or to put things even more broadly, risk of weathering the effects of quarantine. I do not n...
by hightower
Mon Feb 17, 2020 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Just abandoned PSLF for SoFi - how aggressively should I pay this off?
Replies: 45
Views: 3334

Re: Just abandoned PSLF for SoFi - how aggressively should I pay this off?

This is a very relevant thread for me right now. I have a mortgage of 404k at 3.85% for 30 years and a 62k student loan of 2.6%. No other debt. We make around 300k a year. We just sold our house last month and we still have over 100k cash sitting in our bank right now, unsure if we should invest or ...
by hightower
Fri Feb 14, 2020 2:47 pm
Forum: Investing - Theory, News & General
Topic: Thoughts on Charlie Munger's recent comments?
Replies: 84
Views: 10583

Re: Thoughts on Charlie Munger's recent comments?

https://www.cnbc.com/amp/2020/02/12/charlie-munger-warns-there-are-lots-of-troubles-coming-because-of-too-much-wretched-excess.html "I think there are lots of troubles coming," he said at the Los Angeles-based Daily Journal annual shareholders meeting. "There's too much wretched excess." "In China,...
by hightower
Sun Feb 09, 2020 11:40 am
Forum: Personal Consumer Issues
Topic: Would you drive without a spare tire?
Replies: 193
Views: 11575

Re: Would you drive without a spare tire?

I recently purchased a Prius Prime and am currently waiting for delivery. I have come to realize, much to my surprise, that it comes without a spare and, in fact, has no room for one. I probably would not have purchased the car had I known this. But now that I’m committed, I started thinking more c...
by hightower
Sun Feb 09, 2020 10:53 am
Forum: Personal Consumer Issues
Topic: Troubleshoot brown tap water (cold water only)
Replies: 20
Views: 1415

Re: Troubleshoot brown tap water (cold water only)

I would suspect a rusty fitting that is rusting from the inside of the pipe, which means whoever originally installed that pipe used an incorrect fitting for water supply because they should all be made of brass, not rusty steel. I would have a plumber look at it to make sure because if it is rustin...
by hightower
Tue Feb 04, 2020 1:12 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford a bigger home -- or should I buy a bigger home? (Bay area, CA)
Replies: 41
Views: 4038

Re: Can I afford a bigger home -- or should I buy a bigger home? (Bay area, CA)

1.8 million on a 500k salary. No freaking way would I do that. Bigger is not necessarily better anyway. You will be house poor living in a house with that kind of mortgage. Your 500k income will not feel so comfy any more. If I were you, stay in the current place. Keep saving. Consider moving to a l...
by hightower
Mon Feb 03, 2020 1:14 pm
Forum: Personal Consumer Issues
Topic: What video games are you currently playing?
Replies: 288
Views: 37645

Re: What video games are you currently playing?

Current video games Starcraft 2 4v4 pretty much every morning while drinking coffee for many years now Still keep playing Zelda Breath of the Wild on Nintendo Switch which is hands down the best video game of all time IMO. I still keep playing it because there’s so much to do and discover in that ga...
by hightower
Mon Feb 03, 2020 12:40 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 19269
Views: 2675926

Re: U.S. stocks in free fall

CoastalWinds wrote:
Sun Feb 02, 2020 10:26 pm
Been waiting for a big drop. I hope this one goes deep.
Me too. I just sold a house and I’m sitting on a lot of cash at the moment. Looking for a signal to buy. At this point even a 10% correction would motivate me to buy.
by hightower
Mon Feb 03, 2020 12:16 am
Forum: Personal Consumer Issues
Topic: Tesla Model Y
Replies: 233
Views: 22417

Re: Tesla Model Y

I placed an order today for the Model Y. It’s my birthday:) Pretty excited. I’ve been driving a BMW i3 for a few years now and am beyond impressed with that car so the Tesla will have a lot to live up to. But this car is a necessary replacement for our Honda Fit which is too small for us now (we hav...
by hightower
Wed Jan 29, 2020 10:40 pm
Forum: Personal Consumer Issues
Topic: Considering an iPad. Is it worth it?
Replies: 116
Views: 7091

Re: Considering an iPad. Is it worth it?

do you find that you use it as much as you thought you would? it's unfortunate Apple really is the only player in the tablet game as they're a premium/luxury good and more expensive than they need to be. Timely post for me. I just bought one last week before a vacation. Bought it so we would have a...
by hightower
Wed Jan 29, 2020 10:30 pm
Forum: Personal Investments
Topic: Close to early retirement. Looking for feedback/advice
Replies: 37
Views: 3560

Re: Close to early retirement. Looking for feedback/advice

God, I should have spent my college years just looking for a job that would give me a pension. 95k a year for life and they are going to let you retire in your 50’s? That’s like writing you a check for $2.5 million and saying “nice job, have a good life” And on top of that you have over a million in...
by hightower
Mon Jan 20, 2020 1:49 pm
Forum: Personal Investments
Topic: On the right track?
Replies: 6
Views: 753

Re: On the right track?

1. Are you sure that you should be contributing to an HSA? If you have regular medical expenses that are eating up your HSA each year, you might not be the best candidate for a high deductible health plan. I would run the numbers and see which plan would save you the most money. 2. Do you have acces...
by hightower
Mon Jan 20, 2020 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Retire Early? Pay off mortgage?
Replies: 29
Views: 3000

Re: Retire Early? Pay off mortgage?

IF (and that's a big if) you're going to keep 200k sitting around in cash, just pay off the mortgage and at least get over 3% return on that money. Easy peasy. Just like that your annual expenses go down significantly. Retire.. 0r at last take some much needed time off to think about your next move...
by hightower
Mon Jan 20, 2020 1:33 pm
Forum: Personal Consumer Issues
Topic: Time to get a bearded dragon?!
Replies: 57
Views: 4678

Re: Time to get a bearded dragon?!

If you have never had a pet before, start with a gold fish. See if you even like having to take care of an animal before you go with something like a reptile. I've had pets since I was a child and the first pets I was ever fully responsible for myself were goldfish. You can get a nice little starter...
by hightower
Mon Jan 20, 2020 12:38 pm
Forum: Investing - Theory, News & General
Topic: Holding too much emergency fund cash...
Replies: 47
Views: 5194

Re: Holding too much emergency fund cash...

I count my taxable account, ally savings account, and my ROTHs as my "emergency fund" Currently around 3.5 years of full living expenses (enough to cover everything we need at our current lifestyle with no income at all). If we were to cut back to just paying our bills and my wife was able to still ...
by hightower
Sun Jan 19, 2020 4:17 pm
Forum: Investing - Theory, News & General
Topic: Better to pay off mortgage or buy CD?
Replies: 24
Views: 2270

Re: Better to pay off mortgage or buy CD?

Which is a better choice for someone in highest state (CA) and federal tax brackets: use $350K in a MM fund to pay off a 3% mortgage or purchase a 3% CD (30 month or 84 month). I've paid $12,000 in interest this year but not sure I get much of a state or federal tax break. If I pay off the mortgage...
by hightower
Sun Jan 19, 2020 4:10 pm
Forum: Investing - Theory, News & General
Topic: Why have so many people forgotten about 19% drop 13 months ago?
Replies: 54
Views: 7199

Re: Why have so many people forgotten about 19% drop 13 months ago?

Remember, it's all relative to the snippet of time you choose to look at. If you only consider the market since Dec 21st 2018, then yeah we're booming (27% rise in the S&P). But, if you go back to Sept 21st 2018, it's not nearly as impressive (12%). And most of that 12% has happened only since Oct 2...
by hightower
Tue Jan 14, 2020 8:23 pm
Forum: Personal Investments
Topic: Ready to invest in the stock market for the first time in my life
Replies: 95
Views: 5915

Re: Ready to invest in the stock market for the first time in my life

Hello awesome people of the internet, I am starting my stock market investing journey very soon and wanted to share my overall thoughts and a few questions I had about what I learned before actually getting my feet wet investing stocks. I'll jump right into it: I read over and over from many differ...
by hightower
Tue Jan 14, 2020 8:17 pm
Forum: Personal Investments
Topic: Proceeds from home sale, invest, pay down debt, other?
Replies: 15
Views: 923

Re: Proceeds from home sale, invest, pay down debt, other?

Just sold our house. I have roughly 143k left over to either invest or pay off debt. 407k Mortgage, 30 years at 3.8% 63k Student loan at 2.6%, 20 year term, 339/mo No other debt $470,000 debt 37, married Both of us work, ~300k income We have the following accounts My 401k 245k Her 401k 100k My Roth...
by hightower
Tue Jan 14, 2020 8:14 pm
Forum: Personal Investments
Topic: Proceeds from home sale, invest, pay down debt, other?
Replies: 15
Views: 923

Re: Proceeds from home sale, invest, pay down debt, other?

Just sold our house. I have roughly 143k left over to either invest or pay off debt. 407k Mortgage, 30 years at 3.8% 63k Student loan at 2.6%, 20 year term, 339/mo No other debt $470,000 debt 37, married Both of us work, ~300k income We have the following accounts My 401k 245k Her 401k 100k My Roth...
by hightower
Sun Jan 12, 2020 4:27 pm
Forum: Personal Investments
Topic: Proceeds from home sale, invest, pay down debt, other?
Replies: 15
Views: 923

Proceeds from home sale, invest, pay down debt, other?

Just sold our house. I have roughly 143k left over to either invest or pay off debt. 407k Mortgage, 30 years at 3.8% 63k Student loan at 2.6%, 20 year term, 339/mo No other debt 37, married Both of us work, ~300k income We have the following accounts My 401k 245k Her 401k 100k My Roth 50k Her Roth 4...
by hightower
Sun Jan 12, 2020 3:46 pm
Forum: Personal Investments
Topic: Student loan debt vs. VTSAX
Replies: 40
Views: 3370

Re: Student loan debt vs. VTSAX

I have one last student loan of 63k at 2.6% for 20 years (payment 339/mo). I am having a hard time convincing myself not to pay it off (I have 130k in taxable right now, I could pay it off tomorrow) But, if the interest rate was 6%, there'd be no question. That's a terrible rate on a loan that big. ...
by hightower
Fri Jan 10, 2020 12:20 pm
Forum: Personal Investments
Topic: Am I in a position to upgrade homes?
Replies: 14
Views: 1019

Re: Am I in a position to upgrade homes?

Sure you can technically afford it. How secure is your job/income? Do you guys want to work for 20-30 more years? How much will a move like this increase your taxes? Insurance costs? Remember that owning a home costs far more than just the minimum monthly PITI. Larger homes come with more expensive ...
by hightower
Thu Jan 02, 2020 8:34 am
Forum: Personal Finance (Not Investing)
Topic: 900,000 student loan refinancing recomendations
Replies: 71
Views: 8358

Re: 900,000 student loan refinancing recomendations

With the ability to erase 900k in loans in 4 years and retire in 15, you guys don't have much to worry about, but YES, I would refinance to whatever low rate you can get because doing so will save you a lot of money this year alone. Check WCI's website out for trusted refinance companies. On a side ...
by hightower
Mon Dec 30, 2019 4:34 pm
Forum: Personal Investments
Topic: Critique my retirement savings strategy
Replies: 31
Views: 3218

Re: Critique my retirement savings strategy

Yeah, so you want to make sure to pick funds that don't throw off big dividends too often. For instance, a lot of bond funds pay dividends frequently. Each year you'll have to pay regular income taxes on those dividends, which hurts your overall returns (known as tax drag). It's much better to find ...
by hightower
Mon Dec 30, 2019 1:57 pm
Forum: Personal Investments
Topic: Critique my retirement savings strategy
Replies: 31
Views: 3218

Re: Critique my retirement savings strategy

Overall you guys are doing great. It's funny that you have remarkably similar numbers to my wife and I, including age, income, savings in each account, etc. You have a bit more debt than us and we have a bit more savings now that we just sold our old house. But, I see no major holes in your strategy...
by hightower
Mon Dec 30, 2019 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Financial advice for a newly married late 30's couple
Replies: 6
Views: 846

Re: Financial advice for a newly married late 30's couple

1) Why are you thinking 20 year term? I would consider 10 years. In 10 years you will have a pension (which is amazing) and likely a lot more in savings. You may not even need life insurance at that point. How much is up to you. If one of you were to kick the bucket, how much would the other one nee...
by hightower
Mon Dec 30, 2019 1:32 pm
Forum: Investing - Theory, News & General
Topic: Decade of Debt. Market fueled by debt.
Replies: 56
Views: 4804

Re: Decade of Debt. Market fueled by debt.

Read this article on Fidelity: The Decade of Debt: big deals, bigger risk By Joshua Franklin and Kate Duguid, Reuters - 1:18 AM ET 12/30/2019 https://www.fidelity.com/news/article/top-news/201912300116RTRSNEWSCOMBINED_KBN1YY09Y-OUSBS_1 It suggests that the market has largely been fueled by addition...
by hightower
Sun Dec 22, 2019 4:31 pm
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 432
Views: 276260

Re:

I've been retired for 8 years and am only in my mid-50s. It is hard to watch years of expenses evaporate in one day, day after day. The only thing that makes this palatable is that I have several years expenses in cash or equivalents (Cash, CDs, or I-bonds). While I hate seeing my retirement pile o...
by hightower
Sun Dec 22, 2019 4:27 pm
Forum: Investing - Theory, News & General
Topic: I can't believe I am thinking this [Panic and Survival 2008-09]
Replies: 432
Views: 276260

Re: Staying the course

I feel exactly like sheepdog does. I have stayed the course since 1987 and I don't know how much of my money other people have gotten by the shares I have bought, but I have been good for them. (Note: I just now joined this forum so I am sure all this has been discussed to death, but I still need t...
by hightower
Sat Dec 21, 2019 8:33 am
Forum: Investing - Theory, News & General
Topic: Recommendations of 100% stock lately
Replies: 246
Views: 18417

Re: Recommendations of 100% stock lately

Adjust your own asset allocation to a level that allows you to sleep well at night without worrying about what the stock market is doing. For me, right now, 100% stocks is too risky. I want some cash and bonds on hand because I believe we're in for a drop and I think the next one is going to be pret...
by hightower
Sat Dec 21, 2019 8:25 am
Forum: Personal Consumer Issues
Topic: Good 3-4 day horseback riding trip in West with 13 year old?
Replies: 8
Views: 733

Re: Good 3-4 day horseback riding trip in West with 13 year old?

Check out the trips offered in and around Glacier National Park. We did a day trip a couple of times out there and it was just unbelievable. The scenery and wildlife are really hard to believe it's so beautiful. I'm sure they also do overnight trips, but we haven't done one. Also, my in-laws always ...