Search found 950 matches

by djpeteski
Fri May 22, 2020 11:32 am
Forum: Personal Investments
Topic: Does Capital one send emails when their interest rate decreases?
Replies: 25
Views: 1088

Re: Does Capital one send emails when their interest rate decreases?

For the record, AMEX Personal Savings sends me an email when they change their interest rate. Currently at 1.3%. While I have not heard of a sign up bonus with them, I have enjoyed doing business with them for many years.
by djpeteski
Thu May 21, 2020 9:12 am
Forum: Personal Consumer Issues
Topic: Frequency of bike overhaul or tune up
Replies: 29
Views: 1678

Re: Frequency of bike overhaul or tune up

I would advise buying a bike chain gauge, for about $11. Clean and lube your chain every couple hundred miles and use the gauge. If you cannot make it fit, your chain is fine. If it fits on one side, the chain needs to be replaced. If it fits on both sides you need to replace the chain and rear cass...
by djpeteski
Tue May 19, 2020 9:51 am
Forum: Personal Finance (Not Investing)
Topic: How did you determine your target savings rate?
Replies: 109
Views: 4610

Re: How did you determine your target savings rate?

Finding a targeted spending rate is a the tail wagging the dog, IMHO. You are in a detrimental financial situation. You have alimony, child support, and young children. Saving any amount is an accomplishment. I would encourage you to outsource some mundane tasks. For me it was lawn care and house cl...
by djpeteski
Mon May 18, 2020 9:20 am
Forum: Personal Finance (Not Investing)
Topic: How to respond to poor life decision affecting job
Replies: 28
Views: 3198

Re: How to respond to poor life decision affecting job

I for one am proud of you, not sure where the bad decision took place. One of the foundations of Jack Bogle is that you cannot know the future. Taking that out of the equation, I do not see a bad decision. In summary, this is what I see: You left a job where the manager sought to control you and was...
by djpeteski
Wed May 13, 2020 9:59 am
Forum: Personal Consumer Issues
Topic: New Brake Pads
Replies: 87
Views: 4069

Re: Changing Brake Pads

Hondas are very easy to change. if you are looking for a deal, then do them yourself. If you have a second car resurfacing the rotors will cost less then $80. I typically just replace the rotors as the extra 20 or 30 it will cost me is not worth the hassle of dropping them off and picking them up ag...
by djpeteski
Wed May 13, 2020 9:25 am
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 9749

Re: $2 million dollar house pre requisites

IMHO: You need enough cash to put 20% down to avoid pmi, so 400K min plus emergency fund. No other consumer debt You need enough stable income to afford a 15 year, and a very good income prognosis in case you have to find a new employer. Home maintenance needs to be included if this is a large run d...
by djpeteski
Wed May 13, 2020 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Should you include home equity in Net Worth?
Replies: 160
Views: 7606

Re: Should you include home equity in Net Worth?

The only thing useful, about a net worth calculation, is as a barometer for your own financial well being. So, provided you do so consistently, the choices is yous. Once you calculated that figure, the information should be close hold. Extended family members, or friends should not know that informa...
by djpeteski
Mon May 11, 2020 10:03 am
Forum: Investing - Theory, News & General
Topic: Strategy for paying down mortgage
Replies: 22
Views: 1827

Re: Strategy for paying down mortgage

IMO it comes down to the software used by the mortgage servicer. If it is easy to make extra principle payments, and I imagine that most are these days, then use A. If they are a pain in the rear end about it, which was more common prior to online payments, then use B. Some houses make it a pain to ...
by djpeteski
Tue May 05, 2020 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Car Purchase - Financing vs Down Payment, GAP Insurance, Extra Warranties
Replies: 58
Views: 1997

Re: Car Purchase - Financing vs Down Payment, GAP Insurance, Extra Warranties

Do you recommend no one buy cars that cost more than 10% of of a used BMW? Not at all. We bought new a couple of years back. Our investments can certainly out pace the depreciation hit, and we had the cash to purchase the car. Even if one were to finance in that situation, with plenty of cash in th...
by djpeteski
Tue May 05, 2020 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Car Purchase - Financing vs Down Payment, GAP Insurance, Extra Warranties
Replies: 58
Views: 1997

Re: Car Purchase - Financing vs Down Payment, GAP Insurance, Extra Warranties

IMHO this is one bad decision that leads to another. Gap insurance is for broke people and is designed to keep people broke. You know that your car will depreciate and you might wreck before the loan is paid off. So you hire an insurance company to pay for that risk, and pay them a premium to assume...
by djpeteski
Tue May 05, 2020 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Amica vs USAA Insurance
Replies: 27
Views: 1610

Re: Amica vs USAA Insurance

I just switched from USAA to Progressive because of rates. Add in that USAA handled my home owners claim, very poorly, for hurricane damage I am glad to be rid of them.
by djpeteski
Mon May 04, 2020 1:23 pm
Forum: Investing - Theory, News & General
Topic: Is Disney the most tempting value stock?
Replies: 223
Views: 13126

Re: Is Disney the most tempting value stock?

All I can say, is that before the COVID-19 thing Disney World was packed. Things like food and wine festival was so crowded. Things like the Disney races, sell out. You might pay $30-45 for your local 5K, to do so at Disney $120. The half marathons run about $180. For reference I signed up for a Orl...
by djpeteski
Mon May 04, 2020 8:01 am
Forum: Personal Consumer Issues
Topic: How Long Should A Bed Last?
Replies: 30
Views: 2372

Re: How Long Should A Bed Last?

Get one of these: https://amzn.to/35ruAtQ

It is one of the most amazing sleeps I have ever had and a good cost. We kept our box spring from our traditional mattress, that broke down after about 7 years, and are very happy with both the price and the quality. We have nicknamed it the "cloud bed".
by djpeteski
Thu Apr 30, 2020 6:42 am
Forum: Personal Consumer Issues
Topic: Lakeland, FLA as a retirement destination?
Replies: 8
Views: 1336

Re: Lakeland, FLA as a retirement destination?

If you are anywhere near Lakeland Florida, do not miss this:

https://en.wikipedia.org/wiki/Florida_Southern_College

It is the largest collection of Franklin Loyd Wright architecture. They do guided tours, which are well worth the price, but just visiting the campus is kind of awesome.
by djpeteski
Fri Apr 24, 2020 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Fast/Inexpensive Home Equity
Replies: 10
Views: 540

Re: Fast/Inexpensive Home Equity

My thought is that a HELOC or HEL will take similar time to a cash out refi. The expense will probably be a lot lower. If you have enough equity, you could do a HEL for a sufficient amount to also replace your existing mortgage and put it in first position. I did this a few years back and got a ver...
by djpeteski
Fri Apr 24, 2020 11:18 am
Forum: Personal Finance (Not Investing)
Topic: Fast/Inexpensive Home Equity
Replies: 10
Views: 540

Re: Fast/Inexpensive Home Equity

My thought is that a HELOC or HEL will take similar time to a cash out refi. The expense will probably be a lot lower. If you have enough equity, you could do a HEL for a sufficient amount to also replace your existing mortgage and put it in first position. I did this a few years back and got a very...
by djpeteski
Fri Apr 24, 2020 8:36 am
Forum: Personal Investments
Topic: FIRE 32 Y/O New Investor Portfolio Review
Replies: 58
Views: 6645

Re: FIRE 32 Y/O New Investor Portfolio Review

zenflow wrote:
Thu Apr 09, 2020 1:43 am
Also looking to get into out of state real estate for additional passive income....
Real Estate/rental property business is not passive. Out of state rentals are a whole different level of not passive/stressful/risky.

Do you have skills in the rental business? It is anything but free money.
by djpeteski
Fri Apr 24, 2020 8:27 am
Forum: Investing - Theory, News & General
Topic: [Jim Cramer] "Stop Buying Index Funds"
Replies: 37
Views: 6033

Re: [Jim Cramer] "Stop Buying Index Funds"

There was a time, that my active trading strategy was to do the opposite of what Cramer touted. Whenever said Cramer said sell ISRG, I bought and vise versa. I did quite well trading that stock. However, I would have done much better buying regularly and holding an index fund. So, in this case, I am...
by djpeteski
Wed Apr 22, 2020 11:59 am
Forum: Personal Consumer Issues
Topic: How are you doing laundry?
Replies: 15
Views: 1774

Re: How are you doing laundry?

Do you have hand sanitizer? Some other kind of disinfectant? If nothing more, there has not been a run on hydrogen peroxide despite the CDC claiming it is sufficient to kill the virus. Use it and some paper towels/napkins Go to the laundromat, preferably when not busy, and do your laundry. Wipe down...
by djpeteski
Wed Apr 22, 2020 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Advice on buying a weekend car [UPDATE]
Replies: 90
Views: 4360

Re: Advice on buying a weekend car

Do you have a garage to keep the weekend car in at this point? I would pass on it until you have a garage regardless of the financials.
by djpeteski
Wed Apr 22, 2020 7:55 am
Forum: Investing - Theory, News & General
Topic: Norwegian Cruise Lines up 42% today
Replies: 22
Views: 3263

Re: Norwegian Cruise Lines up 42% today

milktoast wrote:
Tue Mar 24, 2020 7:31 pm
Did the Bahamian government announce a bailout for their ships?
Nice! :beer
by djpeteski
Wed Apr 22, 2020 6:36 am
Forum: Personal Consumer Issues
Topic: Is walking enough cardio exercise if I also lift weights?
Replies: 65
Views: 4895

Re: Is walking enough cardio exercise if I also lift weights?

One solution is to do both. While the gym is closed this may not be possible, but maybe jog/run on the treadmill for 8 mins. Then lift for 12 mins. Then go on the bike for 8 mins or so. Then continue to lift. Then do the elliptical for 8 mins or so, then lift again for 12 mins. I need to get a lot o...
by djpeteski
Wed Apr 22, 2020 5:17 am
Forum: Personal Consumer Issues
Topic: How much to tip on DoorDash?
Replies: 60
Views: 4995

Re: How much to tip on DoorDash?

Over tip. Just think these delivery drivers are doing us a massive service. Yes they bring us the stuff we want, but more importantly they are keeping us from being exposed to the cranky cheapskates that don't tip or find some lame excuse to reduce or eliminate the tip. That is their true gift to so...
by djpeteski
Tue Apr 21, 2020 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Need Term Life Insurance: Not Sure How to Proceed
Replies: 10
Views: 613

Re: Need Term Life Insurance: Not Sure How to Proceed

It is wise of you to buy term insurance, but in addition to knowing where to go to purchase it, you need to know what kind of term, how much, and for how long. Do you have an amount or term that is needed? If you would like to help you decide please include your income, debts, your wife's income and...
by djpeteski
Tue Apr 21, 2020 7:30 am
Forum: Personal Finance (Not Investing)
Topic: HOA wants house painted. Renters want to do it. Thoughts?
Replies: 26
Views: 2233

Re: HOA wants house painted. Renters want to do it. Thoughts?

1) safety - what if they fall off a ladder (its a two story house), have a paint allergy, or their kids burn themselves while the parents are out painting?!!! Can I protect myself from this risk? You are correct to be concerned with liability, even outside of this transaction. Do you have sufficien...
by djpeteski
Fri Apr 10, 2020 9:11 am
Forum: Investing - Theory, News & General
Topic: We are in a full-blown Depression
Replies: 95
Views: 8000

Re: We are in a full-blown Depression

Even with the astronomic unemployment, expected GDP contraction, and no immediate plans for states and the federal government to return back to normal employment level? This came out of no where and could disappear just as rapidly. We could be humming along, like we were, in 6 weeks. It might take ...
by djpeteski
Fri Apr 10, 2020 9:09 am
Forum: Investing - Theory, News & General
Topic: We are in a full-blown Depression
Replies: 95
Views: 8000

Re: We are in a full-blown Depression

The last 10 days or so, my wife had been prescribing a lot of Zoloft. However those numbers seem to be returning to normal as people realize this is nothing new. As someone who makes their living in behavioral health, I find this to be a fascinating and creative metric. The flip side could be that ...
by djpeteski
Fri Apr 10, 2020 5:47 am
Forum: Investing - Theory, News & General
Topic: We are in a full-blown Depression
Replies: 95
Views: 8000

Re: We are in a full-blown Depression

I would say that we are on our way out of a depression.

The last 10 days or so, my wife had been prescribing a lot of Zoloft. However those numbers seem to be returning to normal as people realize this is nothing new.

Stay the course.
by djpeteski
Tue Mar 24, 2020 10:42 am
Forum: Personal Investments
Topic: Has anyone hit pause on their 401k or monthly IRA contributions?
Replies: 32
Views: 1648

Re: Has anyone hit pause on their 401k or monthly IRA contributions?

Paused the bond fund, 100% stocks for the short term.

Its been a week and some of my individual stock bets have already paid off. +37% on one, 30% on the other and my timing could have been much better. Expecting a 3 bagger.
by djpeteski
Tue Mar 24, 2020 8:18 am
Forum: Personal Consumer Issues
Topic: So I bought a gravel bike. Now what do I need (accessories, Zwift, etc.)?
Replies: 25
Views: 1430

Re: So I bought a gravel bike. Now what do I need (accessories, Zwift, etc.)?

Here are the must haves: Helmet Eye protection (low light, and sun) Tire repair kit Hydration both the holders and good water bottle(s) Light(s) I would go to the Local bike shop (LBS) and buy a helmet there. A decent helmet is not very expensive (< $50) and it does no good if it does not fit/is not...
by djpeteski
Wed Mar 18, 2020 1:11 pm
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 505
Views: 50780

Re: How Is Your Job Being Impacted By The Current Crisis?

Software engineer in the defense sector. Commute is much easier. Other than that, no effect.
by djpeteski
Wed Mar 18, 2020 1:10 pm
Forum: US Chapters
Topic: [Archived] Bogleheads community discussion - Coronavirus
Replies: 4963
Views: 190884

Re: Optimism amongst the panic and worry

The wife and I went to the local park for a run. There were a bunch of people out riding bikes, jogging, walking, etc... All seemed to be in a good mood. It was a really nice night. Orlando is expecting 80 degree weather for the next few days, from what I understand this will hamper the spread some.
by djpeteski
Wed Mar 18, 2020 6:14 am
Forum: Personal Investments
Topic: Does anyone else thing this crash has no merit?
Replies: 6
Views: 1017

Does anyone else thing this crash has no merit?

So more people die every month from car accidents then will be killed by this virus (in the US). To be fair that might be a bit of an exaggeration, but I doubt by much. The flu will claim more lives this year. People are still working, and buying and it will continue. IMHO this is an excellent oppor...
by djpeteski
Wed Mar 18, 2020 6:04 am
Forum: Personal Finance (Not Investing)
Topic: Money on the sideline? Having a hard time settling on a final Emergency Fund amount.
Replies: 10
Views: 972

Re: Money on the sideline? Having a hard time settling on a final Emergency Fund amount.

Is my Emergency Fund too big? Am I hoarding cash? I hold a decent amount more cash than you, with some of it not earning any interest, with a working spouse and no debt what-so-ever. If one of us was laid off, and the other reduced down to 50% income, we would be fine. It really matters what is rig...
by djpeteski
Thu Mar 12, 2020 1:14 pm
Forum: Investing - Theory, News & General
Topic: Get in now or wait a bit
Replies: 15
Views: 907

Re: Get in now or wait a bit

I will be buying tomorrow, without fail.

I get paid on Fridays and the 401K trades execute the same day, so I will buy next Friday too, and subsequent Fridays for the foreseeable future
by djpeteski
Thu Mar 12, 2020 1:12 pm
Forum: Personal Investments
Topic: What does your Crystal Ball say?
Replies: 96
Views: 4802

Re: What does your Crystal Ball say?

In the future, markets will go up and they will go down.

This is a time that stocks return to their rightful owners. JP Morgan.
by djpeteski
Tue Mar 10, 2020 5:48 am
Forum: Personal Finance (Not Investing)
Topic: Signed a new job contract - realized I could have get a higher salary
Replies: 47
Views: 4323

Re: Signed a new job contract - realized I could have get a higher salary

Negotiation is a skill and worthy of study. Use this short selling of your skills (assumed) for motivation to learn that skill. The next time you will do better. Also know that your behavior will have a much greater impact on your financial future than 5-10K per year. Its a lesson that did not fully...
by djpeteski
Thu Mar 05, 2020 9:36 am
Forum: Personal Investments
Topic: 401K Match Given In Company Stock
Replies: 12
Views: 657

Re: 401K Match Given In Company Stock

We get paid weekly so if following the ASAP theory it would mean doing it every week. Currently I am leaning toward doing it monthly, not for timing but reduction in labor. While it would be a large portion of my 401K balance, it would be a negligible part of my retirement portfolio, and even less w...
by djpeteski
Thu Mar 05, 2020 7:54 am
Forum: Personal Investments
Topic: 401K Match Given In Company Stock
Replies: 12
Views: 657

401K Match Given In Company Stock

My new employer offers a generous match to their 401K, but that match is issued in company stock. From what I understand this is somewhat common. Luckily I have the ability to convert the match to my asset allocation of my choosing whenever I wish. Left alone I would be hugely overweight in my compa...
by djpeteski
Wed Mar 04, 2020 7:50 am
Forum: Personal Consumer Issues
Topic: Car Totaled, need to find a new car
Replies: 26
Views: 1800

Re: Car Totaled, need to find a new car

I found a 10 year old mazda CX-7 from dealer, with only 68K miles on it but two reported accidents asking %7,500. If not for the accidents I would be more willing. Same dealer has a 2013 Mazda 3 which Iike for gas mileage, used not certified, $35K miles asking $9,300, but tru car says it should be ...
by djpeteski
Wed Feb 19, 2020 8:03 am
Forum: Investing - Theory, News & General
Topic: Think Bed Bath & Beyond is at bottom? Any chances thriving?
Replies: 61
Views: 3927

Re: Think Bed Bath & Beyond is at bottom? Any chances thriving?

While I think BBB is useful, they remind me of Toys R Us. Massive amounts of inventory. Products stocked high to the ceiling. Having that inventory cost money, and it is a drain on profits. They will never fully recover unless there are drastic changes.
by djpeteski
Mon Feb 17, 2020 9:14 am
Forum: Personal Finance (Not Investing)
Topic: I'm 40 and when do I retire? first world problem?
Replies: 52
Views: 9491

Re: I'm 40 and when do I retire? first world problem?

This is a common issue with some military retirees. They can keep serving in the military, but once they hit a certain level, they are essentially working for 25% pay. What about retiring from this department and working somewhere else. A common thing to do in my area is to work for more of a "bouti...
by djpeteski
Mon Feb 17, 2020 9:06 am
Forum: Personal Consumer Issues
Topic: GMAC Financial
Replies: 3
Views: 378

Re: GMAC Financial

How much money are we talking about? Make an over payment, and they will refund the difference in probably less than 30 days. Life is too short to lose sleep over the small amount of money that the difference will earn for you in a month.
by djpeteski
Mon Feb 17, 2020 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Providing for My Wife Temporarily from the Grave
Replies: 18
Views: 2824

Re: Providing for My Wife Temporarily from the Grave

Sandtrap's answer is on point. No other answers are necessary.
by djpeteski
Thu Feb 13, 2020 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Financial/career and life advice requested
Replies: 34
Views: 3476

Re: Financial/career and life advice requested

For me, I would take one step at a time. Leadership is a coveted skill and you may be able to land an appropriate position. Why not put your resume out and test the waters? You may move into a career that you like much better than your current, and as such all these issues go away. Given your stress...
by djpeteski
Thu Feb 13, 2020 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Out of State Colleges - Good Computer Science Bargains?
Replies: 65
Views: 4540

Re: Out of State Colleges - Good Computer Science Bargains?

Western Washington University, Bellingham, WA will provide a really good computer science education with small class sizes and is not to far from you. It is a state school, and it has been a number of years since I looked at it, but when I did a bulk of their courses were taught by PhDs with 30 stud...
by djpeteski
Wed Feb 12, 2020 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: I'm owed $393; client won't pay; what are my options?
Replies: 45
Views: 5436

Re: I'm owed $393; client won't pay; what are my options?

Small claims court is the answer to disputes of this nature. You file, and you present your evidence and the client responds. Typically there is a mediation required prior to the court date, and things may get settled there. In your case you are entitled to be reimburse filing fees and perhaps fees ...
by djpeteski
Wed Feb 12, 2020 11:38 am
Forum: Personal Investments
Topic: Post Divorce: Questions about financial goals and adding equity exposure
Replies: 10
Views: 1115

Re: Post Divorce: Questions about financial goals and adding equity exposure

Goals: 2. Invest $20k in a taxable fund for daughters college (I am forgoing 529 for several reasons) I would move this way down on the list. Your goals of #1 and #2 are far more important. Provided you meet goal #1, you can dedicate your mortgage payment toward schooling for your daughter. Also I ...
by djpeteski
Wed Feb 12, 2020 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Advice Sought: How much in Roth vs Traditional 401K
Replies: 2
Views: 373

Advice Sought: How much in Roth vs Traditional 401K

I am starting a new job soon and am decided upon the balance between pre and post(Roth) tax contributions to my 401K. I have a target take home pay, and have a healthy match. The match, of course goes in my pretax account. We are on track for retirement savings, and these numbers do not represent ma...
by djpeteski
Wed Feb 12, 2020 8:53 am
Forum: Personal Consumer Issues
Topic: Protection Against Home Intruders
Replies: 387
Views: 27265

Re: Protection Against Home Intruders

Probably an uncommon opinion I would buy a gun I would not buy a firearm unless you train with it periodically. At a minimum I would schedule 4 times a year at the range, and preferably once per month. If you are on the lower end of the training scale you need to have an easier to operate weapon. O...