Search found 162 matches

by Ed_Sandwich
Tue Dec 01, 2020 1:31 pm
Forum: Personal Consumer Issues
Topic: Shopping for new appliances..
Replies: 8
Views: 639

Shopping for new appliances..

We have decided to replace all of our appliances, which are 13 years old at this point and starting to have a few issues. My wife would like to buy one of those prepackaged sets of all the same brand, but I wanted to consult here to see if that is a good idea, or any other recommendations from folks...
by Ed_Sandwich
Thu Aug 13, 2020 8:17 am
Forum: Personal Consumer Issues
Topic: [Books that changed your life]
Replies: 577
Views: 62921

Re: Books that changed your life

Zen and the Art of Motorcycle Maintenance: An Inquiry Into Values by Robert Pirsig. Same here. It has been a long time since I read it as a teenager, but the one thing that sticks with me is the idea of taking care of the material things you have vs. buying new ones. Washing and cleaning the car I ...
by Ed_Sandwich
Thu Aug 13, 2020 8:04 am
Forum: Investing - Theory, News & General
Topic: Anyone else hoarding cash right now?
Replies: 230
Views: 26402

Re: Anyone else hoarding cash right now?

Pandemics could be the rule in the future. Anything could happen but there is thought now in the scientific community that this could possibly be the last (or certainly the longest) pandemic we face as a species if they are able to create an RNA vaccine. This was previously a niche "nice to ha...
by Ed_Sandwich
Wed Aug 12, 2020 9:32 pm
Forum: Investing - Theory, News & General
Topic: Anyone else hoarding cash right now?
Replies: 230
Views: 26402

Re: Anyone else hoarding cash right now?

I stopped investing in my taxable back in March and can't bring myself to start again. I'm still investing automatically in my 401k. I'm just holding onto my cash in case of a worst case scenario if society collapses and I need liquid funds. I don't mean the case where you'd have to live in a bunke...
by Ed_Sandwich
Fri Jul 31, 2020 9:41 pm
Forum: Personal Investments
Topic: investng for 6 years while paying off car loan
Replies: 17
Views: 959

Re: investng for 6 years while paying off car loan

If you think you can beat 0% by investing then you should do it. I also never understood why anyone would rush to pour money into something that depreciates in value 10% a year. I would take as long as possible to pay it off at that rate.
by Ed_Sandwich
Fri Jul 24, 2020 9:58 am
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1634
Views: 151801

Re: My LenderFi refinance is going well

I closed a refi with them in February (12 days from app to close) and they recently called me out of the blue to ask if I wanted to do it again. Will be dropping my rate another .5%. Pretty cool, since I had seen that they were not taking new refis. Do you have to go through the entire application ...
by Ed_Sandwich
Fri Jul 24, 2020 8:09 am
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1634
Views: 151801

Re: My LenderFi refinance is going well

I closed a refi with them in February (12 days from app to close) and they recently called me out of the blue to ask if I wanted to do it again. Will be dropping my rate another .5%. Pretty cool, since I had seen that they were not taking new refis. Do you have to go through the entire application ...
by Ed_Sandwich
Thu Jul 23, 2020 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1634
Views: 151801

Re: My LenderFi refinance is going well

I closed a refi with them in February (12 days from app to close) and they recently called me out of the blue to ask if I wanted to do it again. Will be dropping my rate another .5%. Pretty cool, since I had seen that they were not taking new refis.
by Ed_Sandwich
Wed Jun 10, 2020 8:22 pm
Forum: Personal Consumer Issues
Topic: What Size Home For A Family?
Replies: 87
Views: 5662

Re: What Size Home For A Family?

Family of 4 in 1400 sq ft (2br townhome) here, and it has been perfect for us. Wouldn't want any less, but no complaints so far, though the kids are still young. Some things you will need IMO are: Two areas to hang out, like a living room plus a basement. Two full bathrooms. Good outdoor space with ...
by Ed_Sandwich
Thu Apr 23, 2020 11:58 am
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 79247

Re: Bogleheads community discussion - Coronavirus

I think its time I cut and paste a facebook post from a freind of mine. Tom Kirsch is the director of disaster medicine at the Uniformed Services Universisty of the health sciences. Please feel free to google him if you want to check out his credentials. He is another expert, for those who care and...
by Ed_Sandwich
Wed Apr 22, 2020 2:44 pm
Forum: US Chapters
Topic: Bogleheads community discussion - Coronavirus
Replies: 1653
Views: 79247

Re: Bogleheads community discussion - Coronavirus

I think its time I cut and paste a facebook post from a freind of mine. Tom Kirsch is the director of disaster medicine at the Uniformed Services Universisty of the health sciences. Please feel free to google him if you want to check out his credentials. He is another expert, for those who care and...
by Ed_Sandwich
Wed Apr 22, 2020 9:51 am
Forum: Personal Consumer Issues
Topic: Likelihood of July travel
Replies: 14
Views: 1755

Re: Likelihood of July travel

Air travel is still possible. If you're going to stay with a relative or you can confirm that the businesses you want to visit will be open then you could go tomorrow.
by Ed_Sandwich
Fri Mar 06, 2020 10:06 am
Forum: Personal Consumer Issues
Topic: How is this possible? Is Alexa spying on me?
Replies: 110
Views: 8264

Re: How is this possible? Is Alexa spying on me?

watchnerd wrote: Fri Mar 06, 2020 9:20 am I also have no need for a smart speaker.
Honestly, nobody with a smartphone does. The phone can do all the same things, and it is probably within voice range all day long! There's a reason these smart speakers are so cheap, these companies are getting more than money out of the transaction..
by Ed_Sandwich
Fri Mar 06, 2020 8:45 am
Forum: Personal Consumer Issues
Topic: How is this possible? Is Alexa spying on me?
Replies: 110
Views: 8264

Re: How is this possible? Is Alexa spying on me?

Yes, anything that you summon with your voice is listening to you, including your phone (Siri, OK Google, etc). There is debate about whether everything is recorded or not, however. The first time you realize it, it's very creepy. I routinely get Google Now stories about shows I have watched, but ne...
by Ed_Sandwich
Thu Feb 27, 2020 9:19 am
Forum: Personal Finance (Not Investing)
Topic: What minimum interest rate on debt do you always pay off ASAP?
Replies: 8
Views: 654

What minimum interest rate on debt do you always pay off ASAP?

This is a personal opinion question, but I am curious what rate on debt other Bogleheads pay off immediatately, vs. paying the minimums and investing the rest? At what point do you consider debt an 'emergency'? I have always paid the minimums on anything <6% interest, and invested the excess, figuri...
by Ed_Sandwich
Mon Feb 17, 2020 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Having a baby in April 2020 - Whats your best financial advice for a new parent
Replies: 102
Views: 8605

Re: Having a baby in April 2020 - Whats your best financial advice for a new parent

Term life insurance, hand-me-down clothes.. I'd also reiterate something that I have learned and benefited from over the years, and that is- "don't do anything until you need to," meaning don't buy a bigger house until you need to, don't buy a second car until you need to, etc. Oftentimes ...
by Ed_Sandwich
Tue Jan 28, 2020 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: How much money can I spend on a car?
Replies: 59
Views: 5479

Re: How much money can I spend on a car?

Two thoughts: 1. When I was younger I wanted a nice car desperately. I thought that it would bring me attention and happiness. When I got one (in my 20s), I could feel that it actually put distance between myself and others. People treated me differently and I was slightly embarrassed by it. I am mu...
by Ed_Sandwich
Mon Jan 27, 2020 1:32 pm
Forum: Investing - Theory, News & General
Topic: Your RMD Service confirmation is ready
Replies: 25
Views: 2247

Re: Your RMD Service confirmation is ready

I was confused also, and looked back at my past documents and saw I received one last January (2019) as well. It is the amount your RMD will be for this year. Mine does not process until December 10 each year (it is scheduled this way). But looking back at my documents, my Dec. 2019 RMD was the same...
by Ed_Sandwich
Wed Jan 22, 2020 8:34 am
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1634
Views: 151801

Re: My LenderFi refinance is going well

abyan wrote: Tue Jan 21, 2020 1:30 pm And my closing is done!
How many days between rate lock/document upload/appraisal and closing?
by Ed_Sandwich
Tue Jan 21, 2020 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1634
Views: 151801

Re: My LenderFi refinance is going well

abyan wrote: Tue Jan 21, 2020 3:29 pm Why would anyone care who services their loan? Are there any differences?
Mine has been sold between companies a handful of times. Some of the websites are better than others. I currently have Wells Fargo, so we'll see who I end up with after the Refi.
by Ed_Sandwich
Tue Jan 21, 2020 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1634
Views: 151801

Re: My LenderFi refinance is going well

I called LenderFi yesterday as well based on the online quote. I am already set to close in the coming days. After signing up on the site, I received a call about 3 hours later. Paperwork is complete and rate is locked. The entire process took maybe an hour. I second the poster above who said the ha...
by Ed_Sandwich
Fri Jan 17, 2020 12:27 pm
Forum: Investing - Theory, News & General
Topic: Isn’t Inflation Much Larger Than 2%?
Replies: 289
Views: 19780

Re: Inflation is much > 2%

... my large state college actually charges only nominally more than it did 15 years ago. Colleges have done a pretty good job of containing costs in the last decade. ... I don't think this is correct; according to https://nces.ed.gov/fastfacts/display.asp?id=76. college costs for four year institu...
by Ed_Sandwich
Wed Jan 15, 2020 3:07 pm
Forum: Personal Consumer Issues
Topic: Roku Express+ or Roku Streaming Stick+ for a Non-Tech Cord Cutter?
Replies: 20
Views: 1550

Re: Roku Express+ or Roku Streaming Stick+ for a Non-Tech Cord Cutter?

I recently upgraded from Express+ to Streaming Stick+ and it's much better. No need to use the TV remote at all for volume/mute, and no worries about someone putting a book in front of the receiver and the remote not working. Also the software is much faster and everything loads more quickly. Youtub...
by Ed_Sandwich
Fri Jan 10, 2020 11:11 am
Forum: Personal Consumer Issues
Topic: Firm mattress recommendations
Replies: 37
Views: 2367

Re: Firm mattress recommendations

We love our Tuft and Needle mattresses, which are on the firm side. They are more budget-friendly than Casper and some of those other brands, but it's a similar online company where it comes rolled up in the mail. No sag at all after 5 years (it's memory foam). What do you use as a foundation/box s...
by Ed_Sandwich
Fri Jan 10, 2020 10:00 am
Forum: Personal Consumer Issues
Topic: Firm mattress recommendations
Replies: 37
Views: 2367

Re: Firm mattress recommendations

We love our Tuft and Needle mattresses, which are on the firm side. They are more budget-friendly than Casper and some of those other brands, but it's a similar online company where it comes rolled up in the mail. No sag at all after 5 years (it's memory foam).
by Ed_Sandwich
Tue Dec 31, 2019 8:33 am
Forum: Personal Finance (Not Investing)
Topic: How much were you able to save this year?
Replies: 142
Views: 11399

Re: How much were you able to save this year?

Age 37
Saved 24%
We are now 32% of the way to FI
by Ed_Sandwich
Fri Dec 20, 2019 10:59 am
Forum: Investing - Theory, News & General
Topic: You’re never going to make enough money if you have 40% of your money in bonds
Replies: 186
Views: 17956

Re: You’re never going to make enough money if you have 40% of your money in bonds

My take is that though the motivation of these is questionable, and that their statement may only be true as of the last bull run, maximizing growth is of utmost importance.

Missing out on the gains of the bull markets is very damaging to a portfolio, and to me, the most important thing to avoid.
by Ed_Sandwich
Thu Dec 19, 2019 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2394
Views: 545442

Re: Share your net worth progression

Just turned 31 a few weeks ago. Here it is.. 18K - 17 Jul 2015 50K - 4 Oct 2016 - 15 Months 100K - 11 Mar 2017 - 5 Months 150K - 2 May 2017 - 2 Months 200K - 23 Jun 2017 - 1 Month 250K - 30 Aug 2017 - 2 Months 300K - 14 Feb 2018 - 6 Months 350K - 4 Jun 2018 - 4 Months 400K - 13 Jun 2018 - 2 Weeks 4...
by Ed_Sandwich
Mon Dec 02, 2019 3:31 pm
Forum: Personal Consumer Issues
Topic: Is a minivan worth it?
Replies: 86
Views: 7111

Re: Is a minivan worth it?

Yes, I have never made a purchase as good as our '11 Odyssey once we had our second child. I would never personally buy a brand new car, though. We got a 4 year old EX-L for $17,000. It had 70k miles. It has leather, seat heaters, dimming mirror, "fridge", and navigation (which is not ever...
by Ed_Sandwich
Wed Nov 20, 2019 9:53 am
Forum: Personal Investments
Topic: I want to make my children millionaires.
Replies: 74
Views: 12898

Re: I want to make my children millionaires.

Don’t give them money. Teach them about money and how to use it as a tool. How to earn, save, invest and spend. Lead by example. Your lifestyle and your decisions—your example—will shape their future more than monetary gifts. Many people who give their children money soon realize that their kids ex...
by Ed_Sandwich
Wed Nov 06, 2019 9:22 am
Forum: Personal Consumer Issues
Topic: Stinky Front Loader (Washer)
Replies: 66
Views: 6448

Re: Stinky Front Loader (Washer)

We've had no problems with ours, but we keep the door open all the time, except when we're running it.
by Ed_Sandwich
Sat Oct 19, 2019 8:39 am
Forum: Personal Finance (Not Investing)
Topic: For those who are FI: At what point did you begin to relax?
Replies: 76
Views: 11265

For those who are FI: At what point did you begin to relax?

Wife and I are in our late 30s in HCOL. We are working toward FI and my motivation is mostly fear. I grew up with parents who had money troubles despite a high middle class income, and I don't want to have that anxiety in our life. We are DI2K and our net worth is about 30% of the way to FI. Kids ar...
by Ed_Sandwich
Tue Oct 08, 2019 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Refinancing for 15 year?
Replies: 13
Views: 1416

Refinancing for 15 year?

We have owned our home in a HCOL area for 4 years, and have a 30-year mortgage @ 3.8%. We don't have PMI (put 20% down). Home prices have really gone up, and I am wondering if it would make sense to refinance for a 15 year, now that rates are about 3% for those. Our monthly payment may increase by a...
by Ed_Sandwich
Wed Sep 25, 2019 2:33 pm
Forum: Personal Investments
Topic: Merrill Lynch Advisor wants to meet for coffee
Replies: 108
Views: 10554

Re: Merrill Lynch Advisor wants to meet for coffee

I would be careful not to offend him. Best to meet with him and see what he has to say. I'm sure he only wants to help! :wink: :twisted:
by Ed_Sandwich
Wed Sep 25, 2019 10:02 am
Forum: Personal Consumer Issues
Topic: Wall mount the TV, or use a TV stand?
Replies: 20
Views: 1913

Re: Wall mount the TV, or use a TV stand?

Agree with everyone who said to make sure it is low enough. I had a wall-mounted TV and ended up removing it because it was annoying to watch it that high up. Much happier now that it is eye level while seated. I have considered mounting it again, but much lower, but that seems unnecessary.
by Ed_Sandwich
Tue Sep 24, 2019 1:19 pm
Forum: Personal Consumer Issues
Topic: Uber - first time user - will I get picked up
Replies: 36
Views: 4010

Re: Uber - first time user - will I get picked up

I recently took an uber from my home to the airport nearest me, and took a taxi on my way back. It was a 30 mile drive each way. The cost difference was crazy. No traffic either way.
  • Uber - $49
  • Taxi - $83
YMMV but it's definitely worth a shot.
by Ed_Sandwich
Wed Sep 18, 2019 8:09 am
Forum: Personal Consumer Issues
Topic: $2k repairs on $12K car
Replies: 81
Views: 5800

Re: $2k repairs on $12K car

$2k is a lot cheaper than a new car +1000 It is an error to compare the cost of the repair vs. the value of the current car. The tradeoff you are considering is the cost of the repair vs. the cost of a new car. It often makes more financial sense to repair what you already have. A car worth over $1...
by Ed_Sandwich
Wed Aug 07, 2019 12:04 pm
Forum: Personal Consumer Issues
Topic: which stud finder?
Replies: 52
Views: 3733

Re: which stud finder?

Magnet kind works like a charm. Others have all had issues for me.
by Ed_Sandwich
Wed Jul 24, 2019 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: If you are already retired.. is this true?
Replies: 49
Views: 6498

Re: If you are already retired.. is this true?

Too many assumptions in the article, but interesting thought. Definitely on the more conservative side. I would say that many people plan to reduce expenses and move to a lower COL area when they retire. I would also add that this seems a little backwards, much like the idea of your retirement numbe...
by Ed_Sandwich
Wed Jul 24, 2019 9:22 am
Forum: Personal Investments
Topic: Can we afford $600k home?
Replies: 98
Views: 7794

Re: Can we afford $600k home?

Flyer24 wrote: Tue Jul 23, 2019 3:02 pm No way. Absolute max should be 3x your income. My own house is not even 2x my income. I don’t like to stretch it.
The house value or the mortgage?
by Ed_Sandwich
Tue Jul 23, 2019 7:50 am
Forum: Personal Consumer Issues
Topic: What companies provide the best customer service
Replies: 58
Views: 4778

Re: What companies provide the best customer service

Surprised nobody has said USAA yet. They cost more than competitors for auto insurance, but they have great customer service.
by Ed_Sandwich
Thu Jun 27, 2019 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Wrong health insurance billed. Notified us too late to bill correct provider?
Replies: 6
Views: 595

Re: Wrong health insurance billed. Notified us too late to bill correct provider?

Why did they have the wrong provider payer on file? Is it on you or on them? It is most definitely on them. We had been to this healthcare network many times with the correct insurance, and have been there many times since changing to our current insurance. What I'm assuming happened was, the bill ...
by Ed_Sandwich
Thu Jun 27, 2019 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Wrong health insurance billed. Notified us too late to bill correct provider?
Replies: 6
Views: 595

Wrong health insurance billed. Notified us too late to bill correct provider?

We recently received a surprise hospital bill for an ER visit in August 2018. This is a ~$1,000+ bill which shows that the insurance covered $0 because they had the wrong provider on file. They billed our current provider, who was not our provider last August. We have been to the doctor many times s...
by Ed_Sandwich
Wed Jun 26, 2019 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Buying Parent's Home Below Market
Replies: 47
Views: 5020

Re: Buying Parent's Home Below Market

Welcome to the forum! What is the difference between your mother's house and a $475k house which you can afford? It would seem to me that the "right" thing to do is to separate your finances, buy a house you can afford and sell your mother's house and invest the money for her care. Whatev...
by Ed_Sandwich
Tue Jun 25, 2019 7:52 am
Forum: Personal Consumer Issues
Topic: Thank you, Honda - repair story
Replies: 17
Views: 2634

Re: Thank you, Honda - repair story

bradshaw1965 wrote: Mon Jun 24, 2019 2:12 pm
If your car decisions are primarily based on maintenance and reliability then Toyota is the right choice. I like Honda a lot but they don't compare in that category.
I think they compare more closely to Toyota on reliability than any other brand... They're often mentioned in the same breath.
by Ed_Sandwich
Tue Jun 25, 2019 7:46 am
Forum: Personal Consumer Issues
Topic: Chrysler Pacifica - Yes or No
Replies: 29
Views: 2621

Re: Chrysler Pacifica - Yes or No

I wouldn't buy a Chrysler due to reliability concerns, but I hear they are very nice. We own an '11 Odyssey EX-L which we got for $17k (used) a couple years ago (70k miles). No issues for our first 20k miles on it. Going to keep it forever I hope.
by Ed_Sandwich
Tue Jun 25, 2019 7:41 am
Forum: Personal Consumer Issues
Topic: Facebook reading our minds?
Replies: 38
Views: 4241

Re: Facebook reading our minds?

It's the microphone. Happens to me at least once a month.
by Ed_Sandwich
Fri Jun 21, 2019 7:33 am
Forum: Personal Investments
Topic: Are there any tips / best practices for an Inherited IRA?
Replies: 27
Views: 5479

Re: Are there any tips / best practices for an Inherited IRA?

Nothing much to add except Vanguard can be set up to calculate the RMD automatically and direct deposit it into my checking on Dec. 10 or so each year.

Also as others have stated, I have all of my bond allocation in this acct.
by Ed_Sandwich
Tue Jun 18, 2019 10:53 am
Forum: Personal Finance (Not Investing)
Topic: How to estimate taxes during retirement?
Replies: 39
Views: 3412

How to estimate taxes during retirement?

I have created models for estimating almost every aspect of my financial future. I know the dollar amount I need per month to live, and I know how many years it will take me to be able to draw that much in perpetuity. But so far all of my models totally omit taxes. I know basically nothing about wha...
by Ed_Sandwich
Thu Jun 06, 2019 9:48 am
Forum: Personal Consumer Issues
Topic: Resort vacation w/ 6 month old...?
Replies: 30
Views: 2042

Re: Resort vacation w/ 6 month old...?

fasteddie911 wrote: Thu Jun 06, 2019 8:22 am I'd wait until the baby comes before making any non-refundable plans.
+1.