Search found 105 matches

by foamypirate
Thu Jul 25, 2019 11:24 am
Forum: Personal Consumer Issues
Topic: Does your bank charge fees for personal ACH transfers to other banks?
Replies: 32
Views: 1643

Re: Does your bank charge fees for personal ACH transfers to other banks?

No charges at my local credit union. I transfer my car payment via ACH every month from another local credit union. I know those aren't banks, but it's what I've got. :D
by foamypirate
Wed Jul 24, 2019 1:18 pm
Forum: Personal Consumer Issues
Topic: Accord approaching 100k miles, how to push it beyond
Replies: 44
Views: 4531

Re: Accord approaching 100k miles, how to push it beyond

I had a 1999 Camry that I gave to my nephew when it had 321,000 miles. He drove it another couple of years, and just gave it to a friend of his who is still driving it and putting miles on it. It will not die. I live on a dirt road, so a lot of those miles were on dirt. I wasn't even very good abou...
by foamypirate
Sat Jul 13, 2019 4:03 pm
Forum: Personal Consumer Issues
Topic: Safe DIY Spider Control
Replies: 16
Views: 744

Re: Safe DIY Spider Control

Ortho HomeDefense works well (it's a Bifenthrin based product).
by foamypirate
Wed Jun 26, 2019 9:55 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says to give up employer 401K match to pay down debt
Replies: 148
Views: 8764

Re: Dave Ramsey now says to give up employer 401K match to pay down debt

This definitely isn't new advice from Dave Ramsey. Unfortunately, it's terrible advice; advice which I followed when first getting started in the adult world, about 10 years ago. I still regret not getting the match on my 401K contributions when I was paying off debt at that time. 5% match, out the ...
by foamypirate
Tue Jun 18, 2019 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Waiting to prepay mortgage until you can pay the whole thing off?
Replies: 28
Views: 3395

Re: Waiting to prepay mortgage until you can pay the whole thing off?

Personally, I cut the difference. I'm currently putting 50% towards principal, immediately reaping the rewards of increased principal payments, and lower overall interest paid. The other 50%, I'm putting into VBIRX (Vanguard Short-Term Bond Index Fund). This has a duration of about 2.6 years, which ...
by foamypirate
Wed Jun 12, 2019 4:07 pm
Forum: Personal Consumer Issues
Topic: Do you drive old cars for long distance travels?
Replies: 105
Views: 7399

Re: Do you drive old cars for long distance travels?

No. I fly now. It takes too long driving. if you got the time and car is well maintained, then go for it. But I wouldn't be driving long periods of time to save money. Great point! I typically recommend that to people, i.e. "why don't you just fly out"? Even with the hassles of airports/airlines it...
by foamypirate
Mon Jun 10, 2019 10:19 pm
Forum: Personal Consumer Issues
Topic: Do you drive old cars for long distance travels?
Replies: 105
Views: 7399

Re: Do you drive old cars for long distance travels?

Absolutely, I'd have no qualms about it. In the past, I've driven: 1993 Honda Accord with 265k from Utah to Texas, and back (circa 2008) 1991 Honda Accord with 211k from Utah to Texas (circa 2009, moved to Texas) 2007 Honda Accord with 116k (youngin') back and forth from Texas to Utah, on a yearly t...
by foamypirate
Tue May 28, 2019 10:36 am
Forum: Personal Consumer Issues
Topic: What has changed in new home construction over the years?
Replies: 49
Views: 6253

Re: What has changed in new home construction over the years?

I doubt anything has changed on a quality standpoint. I think what you're seeing is an access to information. I don't buy the story that they used to build them better with pride and quality. Nope, companies cut corners where they can and cheaped out where they can back then and today. Why would th...
by foamypirate
Fri May 17, 2019 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Tithing
Replies: 14
Views: 1563

Re: Tithing

I used to belong to an....organization....that demanded tithing in order to, uhhh, be part of the most special people. There was an annual accounting and settling up with your person in charge. The expectation was 10% of your gross, period. I don’t know if gross or net is the norm in other Christia...
by foamypirate
Thu May 16, 2019 9:58 pm
Forum: Personal Investments
Topic: Good fund to accumulate for mortgage payoff
Replies: 37
Views: 4044

Re: Good fund to accumulate for mortgage payoff

Have you considered splitting 50/50 between early principal payments and saving? This is the route I am taking for my home loan payoff. I'm currently putting 50% into VBIRX (Vanguard Short-Term Bond Index Fund Admiral Shares) each month, and paying the other 50% directly to principal each month. Onc...
by foamypirate
Thu May 16, 2019 8:50 pm
Forum: Investing - Theory, News & General
Topic: Argument against Target Fund
Replies: 32
Views: 2605

Re: Argument against Target Fund

Let's say we have a 2040 target fund. What happens if a 50%+ decline event happened in 2039? It depends on the glide path of that particular fund. That said, nearly any 2040 target fund should be heavily in bonds by 2039, so I'd expect the 50% decline to have lesser impact than a fund that had a he...
by foamypirate
Thu May 16, 2019 6:26 pm
Forum: Personal Consumer Issues
Topic: Bigger car, less economical but more safe.. Get used to smaller car over time?
Replies: 106
Views: 7442

Re: Compact SUV vs MidSize Sedan

One thing I have wondered about is the impact of height vs. weight. That is, say a compact SUV vs a midsize sedan. My guess is that basic physics says weight has more of an impact, absent poor design. I was originally looking at midsize sedans, but have started looking at compact SUVs/CUVs for the ...
by foamypirate
Thu May 16, 2019 12:38 pm
Forum: Personal Consumer Issues
Topic: Fixing Bad Lawn
Replies: 13
Views: 2175

Re: Fixing Bad Lawn

Here's my recipe for reviving a St. Augustine lawn: Mow as tall as your mower will go Water deeply once a week, about 1" Hand pull weeds (weed a small patch each day) Fertilize with organic fertilizer (Milorganite, Texas Tee, Medina Growin' Green) on the following Holidays (follow directions on the ...
by foamypirate
Wed May 08, 2019 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Walk away from my auto lease?
Replies: 154
Views: 8118

Re: Walk away from my auto lease?

A worn clutch will cause the transmission to slip. It is the wearing off process that damages the transmission. Say what? A worn clutch will result in the clutch slipping, not the transmission. If a manual transmission is "slipping," you've got some SERIOUS issues inside (stripped gears, broken inp...
by foamypirate
Fri May 03, 2019 1:16 pm
Forum: Personal Consumer Issues
Topic: Car lost acceleration
Replies: 111
Views: 6703

Re: Car lost acceleration

Penny wise, pound foolish.
by foamypirate
Sun Apr 28, 2019 8:30 pm
Forum: Personal Consumer Issues
Topic: EXTREMELY frugal things from our parents and grandparents
Replies: 110
Views: 9921

Re: EXTREMELY frugal things from our paernets and grandparents

My in-laws (in their mid-50s now) washed and reused ziplock bags, until they split a seam. They have nearly $1 million in investments, and still wash and reuse to this day.
by foamypirate
Mon Apr 22, 2019 8:21 pm
Forum: Personal Investments
Topic: Short Term Bond Index vs. Prime Money Market
Replies: 30
Views: 3604

Re: Short Term Bond Index vs. Prime Money Market

Lee_WSP wrote:
Mon Apr 22, 2019 6:11 pm
With Online HYS accounts yielding 2.45%, it doesn't make sense to put money in either with their associated expense ratios at this point in time. IMO. Unless you want to be able to move money between funds quickly.
Returns are net of expense ratio, so this isn't a factor.
by foamypirate
Mon Apr 15, 2019 4:58 pm
Forum: Personal Investments
Topic: Fidelity ZERO Total Market Index closed to new investors?
Replies: 9
Views: 2440

Re: Fidelity ZERO Total Market Index closed to new investors?

The ZERO funds are only open to retail investors (leaving 401K/457B/403Bs out in the cold).
by foamypirate
Sat Mar 16, 2019 4:07 pm
Forum: Personal Consumer Issues
Topic: Smoking tire/wheel/brake one week after wheel alignment
Replies: 24
Views: 1505

Re: Smoking tire/wheel/brake one week after wheel alignment

I remember, (no one cares, LoL) the 78 - 80 GM A-body rear wheel cylinder recall. Instead of one or two bolts holding the rear wheel cylinder in, GM used a oblong stamped hole in the steel rear wheel backing plate. This along with the same shape wheel cylinder mounting surface and a spring clip was...
by foamypirate
Tue Mar 12, 2019 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: How many companies have you worked for?
Replies: 125
Views: 7108

Re: How many companies have you worked for?

Age 29. One company, 10 years. Started at 44k, now making 127k. No college degree (working on fixing that, as I do realize how incredibly lucky I have been).
by foamypirate
Wed Mar 06, 2019 6:59 pm
Forum: Personal Consumer Issues
Topic: Weird issue when braking/stopped
Replies: 10
Views: 1021

Re: Weird issue when braking/stopped

Sometimes, if a wheel speed sensor is going bad, the computer will think that wheel has locked up, and engage the ABS. If you are stopped, all wheels are stationary, and so it won't kick in the ABS since it hasn't detected a "lockup." This is all just conjecture of course. Probably best to have a lo...
by foamypirate
Wed Feb 27, 2019 4:36 pm
Forum: Personal Consumer Issues
Topic: Home DIY - increasingly complex repairs and cost savings by DIY
Replies: 38
Views: 3194

Re: Home DYI - increasingly complex repairs and cost savings by DYI

I've been in the same house now for 9 years, and in that time I've done DIY on the following: Re-caulk baseboards Re-caulk shower pan Replace water heater (in the garage attic, STUPID PLACE FOR IT!) Replace kitchen sink and garbage disposal Add 24v transformer and digital zone controller for HVAC, ...
by foamypirate
Wed Feb 13, 2019 11:07 am
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 32650

Re: [2018 tax return - How does it compare to previous years?]

Effective rate dropped 2.24% from 2017. I paid roughly $1,800 less in taxes, on roughly $13,000 more taxable income (thank you, improved Child Tax Credits)! Still received a tax refund, but it was small (intentionally), as I tracked my expected tax owed, and adjusted my W4 allowances throughout the ...
by foamypirate
Mon Jan 28, 2019 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card in Auto-pay affecting Credit Score
Replies: 31
Views: 1947

Re: Credit Card in Auto-pay affecting Credit Score

At least with Citi, if I pay off the balance right before the statement closes, they report $0 (or maybe whatever few pending charges cleared after I made my payment).
by foamypirate
Tue Jan 01, 2019 10:46 am
Forum: Personal Investments
Topic: Vanguard Roth IRA 2019 automatic contributions?
Replies: 3
Views: 582

Re: Vanguard Roth IRA 2019 automatic contributions?

For what it’s worth, I set up my 2019 contributions at Vanguard two weeks ago. It had the correct $6000 limit, and calculated the contribution amount correctly based off of that.
by foamypirate
Mon Dec 31, 2018 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1020
Views: 278565

Re: Share your net worth progression

January 1st, 2018: $166,500
December 31st, 2018: $212,010

I expect it to increase quite substantially next year, since I got a 27% raise late this year. :sharebeer
by foamypirate
Tue Dec 25, 2018 8:44 pm
Forum: Personal Investments
Topic: Emergency Fund - Vanguard Prime Money Market, Ultra Short Bond, or ST Investment Grade?
Replies: 13
Views: 1733

Re: Emergency Fund - Vanguard Prime Money Market, Ultra Short Bond, or ST Investment Grade?

I personally have my emergency fund 50/50 in Prime Money Market (VMMXX) and Ultra Short Bond (VUBFX). I’m happy with the arrangement.
by foamypirate
Tue Oct 30, 2018 9:51 am
Forum: Personal Consumer Issues
Topic: People with older car, share your unusual repairs
Replies: 84
Views: 5493

Re: People with older car, share your unusual repairs

2002 Corvette
Had to ship off the steering rack to be rebuilt. It only had power steering assist when turning to the right, and would actively fight you when turning the left (some sort of internal fluid leak). $400 + $200 in shipping charges later, good as new! Did the R&R myself.
by foamypirate
Fri Oct 19, 2018 2:28 pm
Forum: Personal Consumer Issues
Topic: Selling to CarMax if maintenance light is on?
Replies: 33
Views: 3287

Re: Selling to CarMax if maintenance lights on?

If it's just the maintenance light, you should be able to hold in the trip odometer button for 10 seconds, until the display starts to flash, then release, and press back in and hold for another 10 seconds. That will reset the maintenance minder. Check Engine Light, of course, is a whole 'other story.
by foamypirate
Thu Sep 27, 2018 9:56 am
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 26804

Re: What is your single most expensive mistake?

Turning off my 401K contributions completely (not even getting the 5% match) when in my early 20s to pay down debt... Thanks Dave Ramsey! :annoyed :oops:

Definitely still annoyed over that one, but making up ground quickly!
by foamypirate
Thu Sep 13, 2018 2:36 pm
Forum: Personal Consumer Issues
Topic: I need a chainsaw to trim branches and limbs!!
Replies: 93
Views: 4689

Re: I need a chainsaw to trim branches and limbs!!

Man, I guess no one in this thread ever uses any tool that might be the slightest bit dangerous. If you use common sense and protective equipment, and read the manual to get an understanding of how the saw operates, it's not exactly the scare of the century to use a chain saw. That said, I have no i...
by foamypirate
Tue Aug 28, 2018 3:21 pm
Forum: Personal Consumer Issues
Topic: Summer Day A/C Issues
Replies: 41
Views: 2452

Re: Summer Day A/C Issues

If the OP's living space is 78F, as reported, then a 70F exit temperature is actually quite good. Where do you get this information? I am not a HVAC expert but seeing only a 8 degree delta would be cause for me to think the system is not functioning properly which could be due to a variety of issue...
by foamypirate
Tue Aug 21, 2018 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else seen huge rise in TX insurance costs?
Replies: 27
Views: 2060

Re: Anyone else seen huge rise in TX insurance costs?

Austin, TX - I really haven't seen any jumps at all. I'm expecting one on auto insurance towards the end of the year, but that's because my teenage daughter will have a license. Have mercy! :D I'm also in Austin. Homeowners went up 8.8%, but is still about $400/yr cheaper than Allstate was when I c...
by foamypirate
Thu Aug 16, 2018 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Buying car - help with closing the deal
Replies: 22
Views: 2644

Re: Buying car - help with closing the deal

I personally would never knowingly buy a former rental car. Maybe it's just me but I know how people treat those things. Those are probably very hard driven miles by hundreds of different drivers. Good luck. :sharebeer Mileage may vary (pun intended). My parents bought an 01' Nissan Maxima back in ...
by foamypirate
Wed Aug 15, 2018 9:44 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 11766
Views: 2018603

Re: U.S. stocks in freefall

Its shaping up to be a good buy day again for both US and International. Same "stressors" as last week depending on which doom and gloom article you read. Continued rally to the Earth's core confirmed. :beer always seems to go decrease right after the 401k buys go through Keep in mind that many are...
by foamypirate
Wed Aug 15, 2018 9:39 am
Forum: Personal Consumer Issues
Topic: Best consumer products - made in USA
Replies: 62
Views: 3798

Re: Best consumer products - made in USA

I have a few that have already been mentioned, and a few new ones:

Sturm Ruger
Buck Knives
Henry Repeating Arms
Quincy Air Compressors (above a certain model level anyway, mine is 100% USA down to the motor and belt)
SK Tools
National Walking Sprinklers
by foamypirate
Fri Aug 10, 2018 12:54 pm
Forum: Investing - Theory, News & General
Topic: Turkey/Turkish Stocks down 32% - approaching 2008 levels
Replies: 106
Views: 12806

Re: Turkey/Turkish Stocks down 32% - approaching 2008 levels

Turkey has never been a member of the EU and is very unlikely to become one in the near future. Why is such a small country/market having such a disproportionate effect on the US stock market today? I’m not doing anything with my investments but it baffles me why events like this are so (temporaril...
by foamypirate
Sun Aug 05, 2018 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Dear BH, what are non-BH [financial] actions you do?
Replies: 71
Views: 5082

Re: Dear BH, what are non-BH actions you do?

I peek at my portfolio every weekday evening. I also do this; I'm an info freak, so I just like to see what's going on. I never take any action based on what happens, however. My non-BH weakness...paying off my house before fully maxing tax-advantaged accounts. I'll probably get crucified for that ...
by foamypirate
Fri Aug 03, 2018 10:41 am
Forum: Investing - Theory, News & General
Topic: Fidelity Files for Four Fidelity ZERO℠ Funds (0.00% ER)
Replies: 807
Views: 88690

Re: Fidelity Files for two Fidelity ZERO℠ Funds (0.00% ER total stock and total international mutual funds)

Well, I had $14.93 abandoned in my Fidelity CMA, so I decided to transfer it to my brokerage and buy $14.93 worth of FZROX (Fidelity Zero Total Market). By my calculations, with a 7% return, by the time I retire, I should have $209. :sharebeer
by foamypirate
Tue Jul 31, 2018 12:34 pm
Forum: Investing - Theory, News & General
Topic: Are millennials botching their asset allocations?
Replies: 68
Views: 8002

Re: Are millennial botching their asset allocations?

Sorry guys, my fault. The only assets I have at Vanguard are my e-fund in Prime Money Market. Guess I must've thrown off the numbers! :mrgreen: Everything else is in my Fidelity 401K.
by foamypirate
Fri Jul 27, 2018 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: How should I be paying off my auto loan quickly?
Replies: 7
Views: 1058

Re: How should I be paying off my auto loan quickly?

I'd do the large payment. Any delay more than 24 hours between the required payment and extra payment will add interest charges (however small).
by foamypirate
Thu Jul 26, 2018 2:20 pm
Forum: Personal Consumer Issues
Topic: Do Honda Mowers Leave Un-cut Grass Strips? [YES, but...]
Replies: 101
Views: 55388

Re: Do Honda Mowers Leave Un-cut Grass Strips? [YES, but...]

I currently own 2 Honda mowers. HR 214 (20+ years old) cuts perfectly, starts on the first pull, and has the suction of a vacuum cleaner. The engine has a very short stroke wearing the ring faster and it starting to smoke when it's cold. I still love this machine. I bought a new Honda HRX 217, top ...
by foamypirate
Wed Jul 25, 2018 1:07 pm
Forum: Personal Consumer Issues
Topic: Do Honda Mowers Leave Un-cut Grass Strips? [YES, but...]
Replies: 101
Views: 55388

Re: Do Honda Mowers Leave Un-cut Grass Strips? [YES, but...]

HRX217HXA owner here, on year 3 of ownership. No issues with uncut strips of grass. Had no problem mowing 9-12" tall St. Augustine grass after I came back from a 2 week vacation, during which we had a lot of rain. Didn't even leave any clumps of grass behind, either. No complaints.
by foamypirate
Sun Jul 15, 2018 6:41 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 904
Views: 114116

Re: I think I hit 100k on retirement milestone?

Congratulations on your milestone! :sharebeer

I'm almost there, myself, about $5k away from crossing the 1st 100K line! Looking forward to it.
by foamypirate
Mon Jul 09, 2018 9:58 am
Forum: Investing - Theory, News & General
Topic: Article: Rich kids are counting on inheritance to pay for retirement
Replies: 31
Views: 4931

Re: Article: Rich kids are counting on inheritance to pay for retirement

I'm not sure I care what 18-22 year old high school and college kids think. How did they break away from the beer pong long enough to do the survey? Lets check again when they grow up. Really? Are you suggesting that everybody aged 18 - 22 are heavy beer drinkers and that there are not a large numb...
by foamypirate
Fri Jun 29, 2018 12:27 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 904
Views: 114116

Re: Pulled the trigger and paid off the house today

Congratulations! We hope to be in the same boat in about 4.5 years, if things go according to plan. :sharebeer
by foamypirate
Tue Jun 26, 2018 6:51 pm
Forum: Personal Consumer Issues
Topic: those with whole home generators: who installed it?
Replies: 28
Views: 2188

Re: those with whole home generators: who installed it?

what the possibility of complete black out? 0.001%. Now need of whole house generator. A portable inverter Honda generator, a couple of south facing solar panels should be enough. Everyone's needs are different. It's kind of silly to make a generalization like that. I sure wouldn't want to be witho...
by foamypirate
Fri Jun 22, 2018 11:07 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Fund Yield reached 1.99% today
Replies: 18
Views: 4099

Re: Vanguard Prime Fund Yield reached 1.99% today

kaeltor wrote:
Fri Jun 22, 2018 10:55 am
Beach wrote:
Fri Jun 22, 2018 10:40 am
I make 1.65% in my Ally, why should or shouldn't somebody like me switch?

Money Market accounts aren't FDIC insured for one.
Actually, Money Market Accounts are indeed FDIC insured.

Money Market Funds are not.
by foamypirate
Thu May 31, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Do you have a monthly household budget?
Replies: 63
Views: 4937

Re: Do you have a monthly household budget?

No. We don’t have a monthly budget. Never did. My wife and I are not big time consumers, and we always have money left at the end of each month. This may be a naive/stupid question. For people who do budget, what do you do exactly? Do you plan to spend x dollars on grocery, y dollars on eating out ...
by foamypirate
Sun May 20, 2018 6:19 pm
Forum: Personal Consumer Issues
Topic: Moving to Texas - [Request for clothes, car window tint] recommendations
Replies: 42
Views: 3812

Re: Moving to Texas - [Request for clothes, car window tint] recommendations

And I guess get used to these stupid stereo types. I live in an area with over 7 million people, can't remember the last time I saw a cowboy hat or gun rack. x2 (though the Austin area is quite a bit smaller than 7 million). I've never seen a gun rack in ANY vehicle here, and I'm on the outskirts o...