Search found 319 matches

by TheHouse7
Mon Nov 12, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Expected nominal return in 80/20 stock/bond fund for next 10 years
Replies: 4
Views: 554

Re: Expected nominal return in 80/20 stock/bond fund for next 10 years

I would suggest dollar cost averaging your allocation for the next 10 years without looking (auto re-balance every year). I think you'll get a 112% return. 8-)
by TheHouse7
Mon Nov 12, 2018 9:12 am
Forum: Personal Consumer Issues
Topic: Still spending too much on non-essentials
Replies: 38
Views: 2154

Re: Still spending too much on non-essentials

I don’t think you can chalk that up as non-essential. I spent maybe $500 between amazon and ebay last year but it was for things like a rebuild kit for my worn out chain saw, motor oil and filters and filters, and hydraulic fluid for my tractor. All I consider essential No, these purchases really a...
by TheHouse7
Mon Nov 12, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth it to rent our house?
Replies: 12
Views: 804

Re: Is it worth it to rent our house?

Don't become a landlord by default.

Think of it this way: Your living in your new location; would you buy your current house (90 minutes away) to rent it out, and watch it get trashed by someone else?

Congratulations on your new jobs! :beer
by TheHouse7
Fri Nov 02, 2018 4:49 am
Forum: Personal Consumer Issues
Topic: Washing machine/dryer shopping
Replies: 38
Views: 2817

Re: Washing machine/dryer shopping

Speed Queens are workhorses, but they shake & are noisy (they are not well insulated). They would be OK for a garage/basement. They are problematic in a multi-story wood building- your downstairs neighbor will complain, with good reason. I bought, then exchanged, a Speed Queen washer a year ago. (I...
by TheHouse7
Sun Oct 28, 2018 3:20 pm
Forum: Personal Consumer Issues
Topic: What Memberships/Subscriptions Are Most Valuable To You?
Replies: 68
Views: 4716

Re: What Memberships/Subscriptions Are Most Valuable To You?

Here is the offer I got and used. I don’t know if it’s still valid: https://www.magazinedeals.com/magazines/subscription/the-economist-magazine-printdigital-magazine.jsp?affid=mageconpd&cpnCode=ECONDPDEAL#sthash.MPG9cttg.dpbs Yes digital and print. I love the audio feature. They actually have a tea...
by TheHouse7
Sun Oct 28, 2018 3:17 pm
Forum: Personal Consumer Issues
Topic: What Memberships/Subscriptions Are Most Valuable To You?
Replies: 68
Views: 4716

Re: What Memberships/Subscriptions Are Most Valuable To You?

BogleMelon wrote:
Sun Oct 28, 2018 10:14 am
onourway wrote:
Sat Oct 27, 2018 12:56 pm
You Need a Budget software.

Easily pays for itself many times over in how it simplifies our finances and ensures our spending is optimally aligned with our goals.
+10000000000
I favor YNAB 4 though than the new subscription one
+10
by TheHouse7
Sun Oct 28, 2018 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Becoming frugal
Replies: 74
Views: 9800

Re: Becoming frugal

Home ownership has a new host of ways to be frugal: be a friendly neighbor and share tools, understand all the benefits of the services you're paying for (most likely your garbage service provides pickup of appliances to save a trip to the dump). Normal DIY around maintenance, youtube, parts replace...
by TheHouse7
Wed Oct 17, 2018 8:03 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3809
Views: 1077092

Re: What Movie Have You Recently Watched?

Pulp fiction
by TheHouse7
Sun Oct 14, 2018 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 federal income tax
Replies: 9
Views: 1015

Re: 2018 federal income tax (low income)

EITC will be based on gross income minus HSA and 401k. TIRA doesn't help EITC (unless it offsets interest and dividend income, maybe), because EITC is tested on line 7 wage income AND AGI. You get whichever result is lower. So if you are MFJ with one child, you aren't eligible for EITC now. More ch...
by TheHouse7
Sun Oct 14, 2018 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 federal income tax
Replies: 9
Views: 1015

Re: 2018 federal income tax (low income)

What I find crazy is that you can save that much on that income! Looks like you are also in eitc area potentially and the savers credit. You will almost for sure be getting money from the government We are blessed with being able to live on less than 50k and be able to afford healthcare. I can't fi...
by TheHouse7
Sun Oct 14, 2018 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 federal income tax
Replies: 9
Views: 1015

Re: 2018 federal income tax (low income)

What I find crazy is that you can save that much on that income! Looks like you are also in eitc area potentially and the savers credit. You will almost for sure be getting money from the government We are blessed with being able to live on less than 50k and be able to afford healthcare. I can't fi...
by TheHouse7
Sun Oct 14, 2018 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 federal income tax
Replies: 9
Views: 1015

2018 federal income tax

MFJ income: $75,000

Standard deduction: 24,000

Contribution:

His 401k:18,500
Our Tira: 11,000
Our hsa: 6,200

Taxable: 15,300???

We have our first kid credit this year: $2,000

Is this real?
by TheHouse7
Sun Oct 14, 2018 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Looking for guidance on implementing 3 fund portfolio
Replies: 11
Views: 1741

Re: Looking for guidance on implementing 3 fund portfolio

Please consider simplicity, for the sake of others that may have to take over management. Keep US stock in all of your smaller accounts and then keep your 20% bonds in traditional ira. :sharebeer As I was thinking about this more I realized I can interpret the bonds feedback two ways. Did you mean ...
by TheHouse7
Sun Oct 14, 2018 9:11 am
Forum: Investing - Theory, News & General
Topic: ESPP - Would you participate and what's your strategy
Replies: 28
Views: 3103

Re: ESPP - Would you participate and what's your strategy

watchnerd wrote:
Sat Sep 15, 2018 10:36 am
TheHouse7 wrote:
Wed Dec 13, 2017 8:24 pm
Yes, buy 6k per year max, sell everything every 3 months.
Why sell so quick and get hit with short term capital gains tax?
Keep as much as you want for as long as you want, it tends to be $7,000 a year I don't want tied up in a risky asset.
by TheHouse7
Sun Oct 14, 2018 9:07 am
Forum: Personal Consumer Issues
Topic: Cancun in a few weeks
Replies: 48
Views: 3184

Re: Cancun in a few weeks

Take the fairy East to Isla mujeres, get a golf cart. North Beach, South coast, dolphin park, turtle farm, whale shark tour :moneybag
by TheHouse7
Fri Oct 05, 2018 10:22 am
Forum: Personal Consumer Issues
Topic: Do BH's recommend annual new quote for insurance?
Replies: 12
Views: 1208

Re: Do BH's recommend annual new quote for insurance?

I have HAD to shop the last 3 years every year and it has been worth it (avoiding 30% increase every year) but my circumstances have changed every year.(31 yr old)
by TheHouse7
Wed Sep 26, 2018 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO rate increase: 49% annualized?!
Replies: 46
Views: 7680

Re: GEICO rate increase: 49% annualized?!

Excessive advertising cant help. Over frequent Geico ads in every conceivable media outlet. Yesterday a plane flew low over my house making the heck of a noise - yes, towing a Geico banner. Shopping around takes forever. No easy online instant quotes for car insurance just get sidetracked to an age...
by TheHouse7
Wed Sep 26, 2018 7:19 pm
Forum: Personal Consumer Issues
Topic: Losing Passion for Hobbies. Cheap or normal aging?
Replies: 71
Views: 9047

Re: Losing Passion for Hobbies. Cheap or normal aging?

Lots of people here mentioning kids and other family obligations getting in the way of their hobbies. I get that, but OP doesn't have kids. I'm guessing there's a big dose of obsession over finances mixed with some mild depression or other psychological issue: "loss of motivation", "sense of guilt"...
by TheHouse7
Thu Sep 20, 2018 8:08 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 25474

Re: What is your single most expensive mistake?

Decided to take out a larger than necessary mortgage so more assets could remain invested, when we purchased our current home. That was 10 years ago. Just before the great market downturn. How was that expensive? It sounds like a good idea. S&P 500 doubled since then. Took out everything in a rollo...
by TheHouse7
Thu Sep 20, 2018 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life vs Universal Life Insurance
Replies: 30
Views: 1765

Re: Whole Life vs Universal Life Insurance

All, thank you for the feedback and glad that I asked here first before doing anything! you are right in that a 250k whole life policy is about $160 a month vs $30 a month for term. going with term and investing that extra $130 a month does seem like a better payout and plan moving forward. cmauss:...
by TheHouse7
Tue Aug 28, 2018 10:50 pm
Forum: Personal Consumer Issues
Topic: Unique Phone Apps that you find yourself using most often?
Replies: 46
Views: 7544

Re: Unique Phone Apps that you find yourself using most often?

Wunder List - easy sync/ share groceries

My fitness pal - calorie counting
by TheHouse7
Tue Aug 28, 2018 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Wanting to retire early. Is my math right?
Replies: 29
Views: 3808

Re: Wanting to retire early. Is my math right?

Financial seem sound, what are your plans after 40? Even Financial gurus that fire early, take up drinking or getting high, hobbies, charity, Etc
by TheHouse7
Tue Aug 28, 2018 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Am I on the right path
Replies: 28
Views: 1566

Re: Am I on the right path

Without a ballpark figure on at least gross income for the two of you, it is hard to make suggestions. I'm happy you two are paying off the car loans. I hope you plan on saving something for her retirement. I would be interested in what your percentage savings is based on gross income. Taxes, insura...
by TheHouse7
Mon Aug 27, 2018 11:35 am
Forum: Personal Finance (Not Investing)
Topic: Honda Odyssey Ex-L - new or certified used?
Replies: 35
Views: 2391

Re: Honda Odyssey Ex-L - new or certified used?

I would never buy new. You'll lose thousands the second you drive off the lot. "Certified used" is just another way the dealer makes more money off of you. Find one with 50-60k miles and save yourself thousands. Possible one owner, clean carfax report. Don't buy into the "certified used" nonsense. ...
by TheHouse7
Tue Aug 21, 2018 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: Is divorce a wise financial move?
Replies: 90
Views: 5100

Re: Is divorce a wise financial move?

Frankly, we’re tired of paying four digits more in tax every year just to be married. For some, marriage isn't worth a few bucks. For others, marriage is priceless. I can see why you don't want children. That would have been far more expensive. I resent that statement, my wife will always be more e...
by TheHouse7
Tue Aug 21, 2018 8:45 am
Forum: Investing - Theory, News & General
Topic: Cash Flow Gain Primary Residence
Replies: 152
Views: 4499

Re: Cash Flow Positive Primary Residence

I'm going to guess, he means," When does it normally pay off to own than rent?"

Normal assumptions = 7 years
by TheHouse7
Tue Aug 21, 2018 8:41 am
Forum: Investing - Theory, News & General
Topic: You Invest from JP Morgan [free trades offer]
Replies: 69
Views: 5127

Re: Would you trust Chase with your investments?

I would never deal with Chase, pure evil :twisted: Pick U.S. Bank if large national brick and mortar is nessisary.
by TheHouse7
Sun Aug 19, 2018 1:29 pm
Forum: Personal Consumer Issues
Topic: Switch to auto lease after retirement?
Replies: 38
Views: 3158

Re: Switch to auto lease after retirement?

Benefits of leasing: 1. Predictable monthly payment 2. You don't own the car. In 2008/9 when gas was $4-$5 per gallon, large SUV values tanked (Escalade, Suburban, Expedition, etc.) The big three had so many large, gas heavy rigs that were heavily underwater... people on a lease laughed as they sur...
by TheHouse7
Wed Aug 15, 2018 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Max Out Tax-Deferred Accounts?
Replies: 28
Views: 2364

Re: Should I Max Out Tax-Deferred Accounts?

Yes, there are more than one ways to skin a cat. (you just have to catch it first) :annoyed
by TheHouse7
Wed Aug 15, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: 33 Male, how am I doing?
Replies: 28
Views: 2876

Re: 33 Male, how am I doing?

I cringe every time I hear a young man wanting to save for a down payment or go ahead and buy a house before finding a spouse. :oops: Your finances are fantastic for your position in life, consider improving health, happiness, emotional, family security. Finding the right mate may be the most import...
by TheHouse7
Sat May 26, 2018 10:18 am
Forum: Investing - Theory, News & General
Topic: I'm an indexer... but...
Replies: 37
Views: 4814

Re: I'm an indexer... but...

There is no free lunch. :sharebeer The point is to stick to a plan.
by TheHouse7
Fri May 25, 2018 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for guidance on implementing 3 fund portfolio
Replies: 11
Views: 1741

Re: Looking for guidance on implementing 3 fund portfolio

Please consider simplicity, for the sake of others that may have to take over management. Keep US stock in all of your smaller accounts and then keep your 20% bonds in traditional ira. :sharebeer
by TheHouse7
Sat Feb 03, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: Amazon Stock - Can this giant be stopped?
Replies: 66
Views: 5180

Re: Amazon Stock - Can this giant be stopped?

I agree that government will play a key role in anything being "stopped".

I love the story of standard oil, and how now companies are becoming more and more consolidated. Capitalism works the "best".
by TheHouse7
Fri Feb 02, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: Substitute for taking a shower?
Replies: 64
Views: 7845

Re: Substitute for taking a shower?

Soap and lather before rinse focus on "hot spots" armpits and croch.
by TheHouse7
Wed Jan 31, 2018 9:22 am
Forum: Personal Finance (Not Investing)
Topic: How much have kids added to your personal finance/expenses?
Replies: 111
Views: 10292

Re: How much have kids added to your personal finance/expenses?

We're expecting our first in a month. The parents decide how much a kid "costs." I've seen all kinds of spending based on safety, health, what other people think. :oops: Kids don't cost hardly any $$$, the question is how many advantages do you want them to have. The biggest by far has to be health ...
by TheHouse7
Tue Jan 30, 2018 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about leaving Ameriprise
Replies: 52
Views: 6481

Re: Thinking about leaving Ameriprise

Please leave ameriprise, do it for the 17% you missed last year.

I'm 30 with 60/20/20 TSM/TIM/TBM. May have paid .1% last year.
by TheHouse7
Mon Jan 29, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: How much life insurance - and for how long?
Replies: 29
Views: 3617

Re: How much life insurance - and for how long?

You have done your homework! Try protective with executive membership at Costco. I got a 1mil 20 year term and my wife 500k 20 year term. I can always suplament more at work(380k now) and plan on reassessment at 45(I'm 30 now) Don't think you need to get it perfect right now just get 20 year term fi...
by TheHouse7
Sun Jan 28, 2018 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Who taught you about financial responsibility?
Replies: 107
Views: 8159

Re: Who taught you about financial responsibility?

Ynab, Dave Ramsey, this board in that order.

I kept looking for more "meat on the bone."

Now I'm trying to stay off this board more often.
by TheHouse7
Thu Jan 25, 2018 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: My boneheaded financial mistakes
Replies: 132
Views: 21368

Re: My boneheaded financial mistakes

Boneheaded financial mistake: In 1998 I sold 200 shares of LSTR at $45.00 per share to finance a vacation to Florida. Today the 200 shares would be 1600 shares @ $99.00 or about $158,400. Very good decision: In 1998 I sold 200 shares of LSTR at $45.00 per share to finance a vacation to Florida. The...
by TheHouse7
Thu Jan 25, 2018 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Time to get out of my $1 million Whole Life Policy?
Replies: 22
Views: 1841

Re: Time to get out of my $1 million Whole Life Policy?

Dottie57 wrote:
Wed Jan 24, 2018 6:35 pm
You don't support anyone but yourself, so no need for insurance. Get out. Never again mix investments with insurance product.

Avoid leeches in the future. Only buy term life insurance.
+1 please stay away from whole life
by TheHouse7
Thu Jan 25, 2018 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Dear wife quits job and now we are down to 1 income
Replies: 190
Views: 18893

Re: Dear wife quits job and now we are down to 1 income

This is a very old fashion way of thought. Even if it’s break even, a spouse *should* continue to work to maintain their skills and career prospects, especially one who was pulling in 70k (!!). It is well understood that women take huge future earnings hits by doing this, it’s bad for equality, it’...
by TheHouse7
Mon Jan 22, 2018 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Am I being greedy?
Replies: 51
Views: 6817

Re: Am I being greedy?

If you can stomach it why not? However, while I cant find the link, Vanguard has a historical analysis of stocks/bonds allocations. I switched to 80/20 once I read through that as the benefit of being 100% isn't much better than an 80/20 allocation but offers the safety of the bond allocation. I'm ...
by TheHouse7
Sat Jan 20, 2018 7:55 pm
Forum: Investing - Theory, News & General
Topic: Fear of dying with too much money?
Replies: 137
Views: 10151

Re: Fear of dying with too much money?

Your post seems pretty glib about the prospect of running out of money. That was certainly not my intent. But many Bogleheads have made a point that actually exhausting a sizable portfolio during retirement is something so rare as to not be a very realistic possibility for those reading this forum....
by TheHouse7
Sat Jan 20, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Lost money through Bitconnect scam - learned my lesson
Replies: 94
Views: 9257

Re: Lost money through Bitconnect scam - learned my lesson

Thank you OP, we all make mistakes, it is a nice reminder that I'm not the only one making them. :oops:
by TheHouse7
Fri Jan 19, 2018 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Mother In Law's new boyfriend...
Replies: 28
Views: 3760

Re: Mother In Law's new boyfriend...

Love and support your mil in the best way possible. Usually that is not getting involved in her money. :P
by TheHouse7
Fri Jan 19, 2018 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Next Phase - Move to Taxable?
Replies: 5
Views: 839

Re: Next Phase - Move to Taxable?

Since this money is not for retirement and may be needed in the next few years, it should not be invested. It should be saved. Otherwise, it may not be there when you want it. I would use CDs and high yield savings. The most aggressive would be a short term bond fund and that for only part of the m...