Search found 944 matches

by runner540
Mon Jun 17, 2019 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Maternity and Paternity leave policies
Replies: 14
Views: 851

Re: Maternity and Paternity leave policies

A good policy is a differentiator in hiring, and will build loyalty. A good leave policy that gives time for healing and bonding will also mean your team is better when they come back to work.
by runner540
Sun Jun 16, 2019 10:03 am
Forum: Personal Investments
Topic: What is most accurate income to mortgage calculation?
Replies: 14
Views: 891

Re: What is most accurate income to mortgage calculation?

Joe Nathan wrote:
Sun Jun 16, 2019 10:00 am
No like I said just wasnt sure how a down payment and purchase price played into figuring a ratio.
Ok...but what does the ratio do for you?
by runner540
Sun Jun 16, 2019 9:54 am
Forum: Personal Investments
Topic: What is most accurate income to mortgage calculation?
Replies: 14
Views: 891

Re: What is most accurate income to mortgage calculation?

Yeah, maybe wasnt the best way to ask. So when you consider say 1x income, its strictly based on the money mortgaged and not the purchase price? I guess it's still money being spent whether its mortgaged or out of your bank account. So for being financially responsible, the purchase price isnt bein...
by runner540
Sun Jun 16, 2019 7:28 am
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 301
Views: 34066

Re: How Bad was 2008, really?

2008-2009 was really, really bad. The world financial system nearly melted down and we came closer than we knew at the time to a second Great Depression. It was very, very scary. I stayed the course because I realized that if I sold my stocks at the bottom that I would never be able to have the ret...
by runner540
Fri Jun 14, 2019 5:42 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 301
Views: 34066

Re: How Bad was 2008, really?

Full disclosure, I was too young to be invested during the financial crisis. That being said, I'm having trouble understanding how bad it was. I hear about these bear markets (tech bubble, financial crisis, etc). All I see is a sharp decline, and then everything is gained back a couple years later....
by runner540
Thu Jun 13, 2019 2:19 pm
Forum: Personal Consumer Issues
Topic: Why is this cabin so inexpensive?
Replies: 15
Views: 1505

Re: Why is this cabin so inexpensive?

No heating in northern Michigan?
by runner540
Thu Jun 13, 2019 2:11 pm
Forum: Personal Consumer Issues
Topic: Cartier bracelet
Replies: 40
Views: 3080

Re: Cartier bracelet

So I want to buy my wife a Cartier bracelet for her birthday. Anyone know how to get discounts on these things? They're pretty expensive ~5k. Is your time worth searching for a discount? Any minor discount should be immaterial to you: you've mentioned that you are in the top tax bracket and implied...
by runner540
Mon Jun 10, 2019 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Paying for rent is throwing away money...myth?
Replies: 302
Views: 18454

Re: Paying for rent is throwing away money...myth?

Here's an index of 20 metro areas, and whether your net worth is better off buying now or renting. Dallas, Houston and Denver heavily favor renting right now. YMMV.

https://www.business.fau.edu/department ... rent-index
by runner540
Mon Jun 10, 2019 12:23 pm
Forum: Personal Consumer Issues
Topic: I'm thinking about buying a supercar anyone here done this and feedback?
Replies: 233
Views: 12017

Re: I'm thinking about buying a supercar anyone here done this and feedback?

Hey Everyone, So, here's an interesting one that I want to see if any Bogleheads have ever been in a similar scenario and have purchased a supercar and more importantly do you think it has provided any value/happiness/fun in your life , and would you or have you done it again ? A little background....
by runner540
Tue Jun 04, 2019 6:35 am
Forum: Non-US Investing
Topic: Why house selling prices are generally not public?
Replies: 25
Views: 1782

Re: Why house selling prices are generally not public?

Realtor.com does not have actual sale prices, just list prices. This must vary, I am able to put in my neighbor’s address and see the price their house sold for last year. We also have redfin in this area, and that typically updates with the sales price in 24 hours. In Texas or another non disclosu...
by runner540
Tue Jun 04, 2019 6:34 am
Forum: Non-US Investing
Topic: Why house selling prices are generally not public?
Replies: 25
Views: 1782

Re: Why house selling prices are generally not public?

Everywhere I’ve lived in the USA, it’s public information. It is updated shortly after the closing. This varies by state: there are 12 "non disclosure" states including Texas. Realtor.com does not have actual sale prices, just list prices. Thank you. I try to learn something new every day, and I ju...
by runner540
Tue Jun 04, 2019 5:44 am
Forum: Non-US Investing
Topic: Why house selling prices are generally not public?
Replies: 25
Views: 1782

Re: Why house selling prices are generally not public?

TomatoTomahto wrote:
Tue Jun 04, 2019 5:22 am
Everywhere I’ve lived in the USA, it’s public information. It is updated shortly after the closing.
This varies by state: there are 12 "non disclosure" states including Texas.
Realtor.com does not have actual sale prices, just list prices.
by runner540
Tue May 28, 2019 5:15 pm
Forum: Personal Investments
Topic: What else can I do to achieve FIRE?
Replies: 58
Views: 4766

Re: What else can I do to achieve FIRE?

In order to answer your question you would have to post what your average yearly spending is including health care costs. FOr the investment question, I would most certainly spend the monthly extra money towards the principle of the mortgage - at your rte, you should be done with the mortgage in 4-...
by runner540
Mon May 27, 2019 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Maximizing home interest deductions
Replies: 10
Views: 498

Re: Maximizing home interest deductions

Agent007 wrote:
Mon May 27, 2019 9:06 am
deductions on loans that are used for investing have no limit as long as you have investment gains to offset.
Please cite your source. I thought only businesses could deduct loan interest. I'm not familiar with an individual being able to deduct interest on a non-mortgage loan.
by runner540
Mon May 27, 2019 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Would you keep this rental? Bay Area
Replies: 28
Views: 2211

Re: Would you keep this rental? Bay Area

We have a condo we turned into a rental after moving out of the Bay Area. Purchased for $520k, currently could sell for $800-850k. Have about $385k mortgage balance. It’s rented for $3200 a month, total expenses average $3000 a month (mortgage, HOA, prop tax, insurance) not counting any maintenance...
by runner540
Sun May 26, 2019 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Completely freaked out about withdrawing from retirement accounts....
Replies: 75
Views: 10207

Re: completely freaked out about withdrawing from retirement accounts....

OK that is insane. I don't know how that's even possible based on current rates for fixed income. If this is somehow connected to/funded by pension contribs it seems wildly optimistic (in terms of future viability of the fund). Good work if you can get it! If this is real the OP should be 100% inve...
by runner540
Sat May 25, 2019 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Completely freaked out about withdrawing from retirement accounts....
Replies: 75
Views: 10207

Re: completely freaked out about withdrawing from retirement accounts....

But that floats? Right? It's not a fixed RoR is it? That seems impossible. The rate has not changed since Dec 2009 according to this page . OK that is insane. I don't know how that's even possible based on current rates for fixed income. If this is somehow connected to/funded by pension contribs it...
by runner540
Sat May 25, 2019 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Close to making an offer on a home
Replies: 65
Views: 5211

Re: Close to making an offer on a home

- the only inclusions are the range hood and ceiling fan. as first-time home buyers with no appliances of our own, we would have to purchase them, if we go with this home. IMHO, for the price premium, they could have included washer/dryer/... ..... The reason i include this information is just to c...
by runner540
Sat May 25, 2019 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: “Upsizing” are we foolish?
Replies: 62
Views: 7210

Re: “Upsizing” are we foolish?

You have $1.7MM + $1.5MM in investments, and make $135k? I think you are ok to get a $325k house, just run the numbers on your retirement budget, with SWR on $3-3.5MM and SS.
by runner540
Fri May 24, 2019 6:55 am
Forum: Investing - Theory, News & General
Topic: Is the housing market starting to collapse?
Replies: 122
Views: 12385

Re: Is the housing market starting to collapse?

There is only one blog you need to read for housing. https://www.calculatedriskblog.com/ There is absolutely no sign of collapse. He's not a pollyanna -- he saw housing bubble. Prices are actually still a good bit below that peak in real terms. Most bloggers writing bad things about housing are pra...
by runner540
Wed May 22, 2019 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Health Shares - Need your opinion!?
Replies: 42
Views: 2218

Re: Health Shares - Need your opinion!?

You can search for past threads on Health Shares. Unfortunately BH is extremely negative against these products even though almost none of the posters have actual experience with them. Generally I have heard very positive feedback and reviews about the major health share plans and would not be afra...
by runner540
Tue May 21, 2019 4:43 pm
Forum: Personal Consumer Issues
Topic: Recently promoted - how to match image with title?
Replies: 54
Views: 4898

Re: Recently promoted - how to match image with title?

I love this question! I'm a youthful looking 35 year old female in a male dominated industry as well. I've learned a lot observing older female colleagues and also by talking to some open men in the field (husband, friends I don't work with who I feel were honest, etc.). It's really hard to find a ...
by runner540
Tue May 21, 2019 4:11 pm
Forum: Personal Consumer Issues
Topic: Recently promoted - how to match image with title?
Replies: 54
Views: 4898

Re: Recently promoted - how to match image with title?

I get that attire/looks matter to some degree, but do those of you focused on those things truly think about some of these things when you're evaluating others? It's pretty eye-opening to me. Length of hair? Minor hair changes don't even register on most men I know - I don't even notice them on my ...
by runner540
Tue May 21, 2019 3:47 pm
Forum: Personal Consumer Issues
Topic: Recently promoted - how to match image with title?
Replies: 54
Views: 4898

Re: Recently promoted - how to match image with title?

Hello all! 29 year old petite female, recently promoted to director level at our small company, in a sector that is 80% older men. I happen to be blessed with youthful looks (look to be about 19-20 and get carded regularly). I find myself overlooked at some meetings and events which was fine until ...
by runner540
Sun May 19, 2019 10:09 am
Forum: Personal Consumer Issues
Topic: How to deal with home upgrades - HELOC or not?
Replies: 23
Views: 1590

Re: How to deal with home upgrades - HELOC or not?

1. Old fashioned savings. If these are urgent repairs, dip into the EF and stop paying extra on the other debts while you build it back up.
Your house is 4x your income, which isn't insane but is a lot more than I would be comfortable with.
What is the other $20k of debt?
by runner540
Sun May 19, 2019 9:07 am
Forum: Personal Finance (Not Investing)
Topic: Debt: Student loan or cabin
Replies: 36
Views: 2790

Re: Debt: Student loan or cabin

Interesting mental process that tells someone it is okay to buy a second home prior to paying for their education. I'd sell the cabin and pay off the loans and then buy a cabin with cash once I was rich enough that questions like this didn't exist in my life. But I fully acknowledge I'm unusual. +1...
by runner540
Sat May 18, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 977
Views: 261010

Re: Share your net worth progression

What is an above average net worth to have at 30, 35, and 40? Assuming you're married, and both have good careers. Check out this blogger's analysis: https://dqydj.com/net-worth-of-full-time-workers-with-degrees-in-the-united-states/ A few years old, so adjust for the bull market in stocks and hous...
by runner540
Thu May 16, 2019 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: STATE TAXES: Predictor of Wealth Accumulation?
Replies: 21
Views: 2210

Re: STATE TAXES: Predictor of Wealth Accumulation?

What is a BH’s stance on State Taxes as a predictor of wealth accumulation? All things being equal (salary, likability of city etc..) is this a BIG predictor of wealth accumulation? We live in Portland, OR (like it, nothing is perfect), but often get the itch to move to a city in a lower income tax...
by runner540
Sun May 12, 2019 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Can we really afford $1.25M house?
Replies: 44
Views: 5714

Re: Can we really afford $1.25M house?

Your income is high but variable. I would recommend a bigger downpayment, and smaller mortgage. I recommend that people cut what they are approved for by 30-50%. What are you paying for rent/housing today? If it is <$6K, what will be cut from your budget?
by runner540
Sun May 12, 2019 7:48 am
Forum: Personal Investments
Topic: A spray of questions as a newbie snaps to attention in the last decade before retirement
Replies: 17
Views: 2718

Re: A spray of questions as a newbie snaps to attention in the last decade before retirement

Wow, a lot going on here: college, renovation, moving houses, and above all retirement planning. You came to the right place for comprehensive and unbiased advice. 1. and 2. Retirement comes before college in the priority list. Especially since your second child has not yet enrolled in a college and...
by runner540
Sat May 11, 2019 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Advice sought for my Son, Career and Investing
Replies: 14
Views: 949

Re: Advice sought for my Son, Career and Investing

Thank you both for your thoughts! Both have provided some insight that isn't taught at school, this is what he is seeking. He is reading this. Career wise, he should focus on getting as much varied experience in his company as possible (even if it means longer hours), and meeting people inside and ...
by runner540
Sat May 11, 2019 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Advice sought for my Son, Career and Investing
Replies: 14
Views: 949

Re: Advice sought for my Son, Career and Investing

Has he asked for your help? If he made it thru college with his engineering degree and landed a good job, he's doing fine! No debt, saving, he's fine. People, "professional" or not, all need community/friends. I've moved several times as a young adult and met people via church, work, sports, volunte...
by runner540
Sat May 11, 2019 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Should we take out student loan
Replies: 10
Views: 1032

Re: Should we take out student loan

No reason to take out a loan at all.
by runner540
Fri May 10, 2019 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you donate?
Replies: 100
Views: 7467

Re: How much do you donate?

10% of gross, plus small contributions to friends' fundraisers.
by runner540
Fri May 10, 2019 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Potential Real Estate Rental Investment
Replies: 11
Views: 1082

Re: Potential Real Estate Rental Investment

If you are in the real estate business, not sure what value you'll get here. How did you calculate annual ROI and include vacancy and maintenance. Who will cover utilities, lawn care, pest control etc? (You or renter) Is there a good demand for renting 4BR updated homes? I'm a happy renter of a SFH ...
by runner540
Thu May 09, 2019 6:54 am
Forum: Personal Consumer Issues
Topic: Undergrad major in Economics or Finance?
Replies: 59
Views: 3255

Re: Undergrad major in Economics or Finance?

My fiancé teaches at Penn St. Behrend (Erie) at the Black School of Business. He teaches the senior capstone classes and gets all the majors in economics, finance, business, marketing, etc... He also consults with businesses in strategic leadership. He says finance. Thanks for the response. He's cu...
by runner540
Thu May 09, 2019 6:39 am
Forum: Personal Consumer Issues
Topic: wedding gift value
Replies: 80
Views: 4354

Re: wedding gift value

How did you find out the meal was $180? This question always lingers in my head when I hear "cover your plate". I've probably been to over 100 weddings in my life, I have never once known beforehand (or after) the cost. Nobody asked the cost of mine before they attended. How exactly do people come ...
by runner540
Mon May 06, 2019 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: What do you do with variable bonus?
Replies: 24
Views: 1746

Re: What do you do with variable bonus?

I recently got promoted and it came with no salary increase but with increased profit sharing. At my current client level, it amounts to about 50k/year but obviously is not guaranteed. I would never have it be a part of my budget, but I would make a plan for it. I would do a plan for if you got 11k...
by runner540
Sun May 05, 2019 10:41 am
Forum: Personal Investments
Topic: True Rate of a Mortgage - After Deduction
Replies: 12
Views: 1912

Re: True Rate of a Mortgage - After Deduction

(Not a lawyer, but...)
TX has a very generouse homestead protection, so there's a non-tax benefit to putting assets (cash) into the house.
by runner540
Sat May 04, 2019 8:17 am
Forum: Personal Consumer Issues
Topic: Rarely used items that are worth having?
Replies: 112
Views: 11278

Re: Rarely used items that are worth having?

Large portable serving dishes with lids (for potlucks, etc.)
Airpot for serving large amounts of hot coffee.
Humidifier for when you're sick.
Already said above, but a well stocked first aid and medicine kit, including thermometer. Ice packs in the freezer.
Sleeping bag for camps.
by runner540
Fri May 03, 2019 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Thinking of home buying with all cash - need guidance
Replies: 19
Views: 2144

Re: Thinking of home buying with all cash - need guidance

1)Depending on your tax situation, you may be able to deduct interest payments and property taxes. 2)Your mortgage payment will always stay the same. Your rent payment is likely to go up. Insurance, property taxes will still go up, but mortgage is usually the lions share of your housing payment. 3)...
by runner540
Fri May 03, 2019 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Thinking of home buying with all cash - need guidance
Replies: 19
Views: 2144

Re: Thinking of home buying with all cash - need guidance

You can still use the calculators (NYT buy vs rent) you just set the down payment to 100%: No interest or principal, but your opportunity cost on the capital tied up in the house is higher. In my analysis, my rent is almost equal to insurance, taxes, and maintenance if I bought a similar property, ...
by runner540
Thu May 02, 2019 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of home buying with all cash - need guidance
Replies: 19
Views: 2144

Re: Thinking of home buying with all cash - need guidance

You can still use the calculators (NYT buy vs rent) you just set the down payment to 100%: No interest or principal, but your opportunity cost on the capital tied up in the house is higher. In my analysis, my rent is almost equal to insurance, taxes, and maintenance if I bought a similar property, ...
by runner540
Thu May 02, 2019 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of home buying with all cash - need guidance
Replies: 19
Views: 2144

Re: Thinking of home buying with all cash - need guidance

One non-obvious reason to get a loan is that the bank's loan department vets the property and makes sure you aren't doing anything dumb (like buying a house in a flood zone, or with a horrible foundation, or paying more than what it is worth). It is like having a partner check your work. Ditto the ...
by runner540
Thu May 02, 2019 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of home buying with all cash - need guidance
Replies: 19
Views: 2144

Re: Thinking of home buying with all cash - need guidance

One non-obvious reason to get a loan is that the bank's loan department vets the property and makes sure you aren't doing anything dumb (like buying a house in a flood zone, or with a horrible foundation, or paying more than what it is worth). It is like having a partner check your work. Ditto the ...
by runner540
Thu May 02, 2019 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of home buying with all cash - need guidance
Replies: 19
Views: 2144

Re: Thinking of home buying with all cash - need guidance

You can still use the calculators (NYT buy vs rent) you just set the down payment to 100%: No interest or principal, but your opportunity cost on the capital tied up in the house is higher. In my analysis, my rent is almost equal to insurance, taxes, and maintenance if I bought a similar property, s...
by runner540
Thu May 02, 2019 6:57 am
Forum: Personal Consumer Issues
Topic: My silly question: what $20-50 gift should I ask for?
Replies: 20
Views: 1432

Re: My silly question: what $20-50 gift should I ask for?

Look around your kitchen - what tools could be replaced/upgraded? Then you aren't increasing the number of things.
by runner540
Wed May 01, 2019 9:26 pm
Forum: Personal Consumer Issues
Topic: Babymoon?
Replies: 36
Views: 2879

Re: Babymoon?

Go somewhere far, do adventurous activities like hiking / diving / climbing if you're into those things, eat out at fancy restaurants. Stay up late at night! You'll be doing that last one too with a baby but it's not nearly as much fun Diving, climbing and extreme altitudes are NOT recommended in p...
by runner540
Wed May 01, 2019 9:11 am
Forum: Investing - Theory, News & General
Topic: Do I live in a HCOL area?
Replies: 56
Views: 3249

Re: Do I live in a HCOL area?

If you have to ask, then no.
by runner540
Sat Apr 27, 2019 1:15 pm
Forum: Personal Consumer Issues
Topic: Is 2 weeks in Amsterdam a bit much?
Replies: 45
Views: 3423

Re: Is 2 weeks in Amsterdam a bit much?

Plan some day trips outside Amsterdam: Delft, Haarlem, etc.