Search found 1836 matches

by chevca
Wed Sep 19, 2018 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: $20k Investment for 3-5 Years
Replies: 5
Views: 942

Re: $20k Investment for 3-5 Years

I'd just stick with CDs. We're talking $5k here. It's not going to be a meaningful difference no matter which way you go, IMO. Keep it simple.
by chevca
Mon Sep 17, 2018 4:32 pm
Forum: Personal Consumer Issues
Topic: How to determine quality of a finished new construction home
Replies: 45
Views: 2839

Re: How to determine quality of a finished new construction home

Best person who know is all is the city/county inspector who inspects new homes. Sure, but what are they going to tell you... it passed or it failed. :happy They don't sit down and talk with every potential buyer of every home they inspect. In my experience, inspectors love to talk. They are willin...
by chevca
Mon Sep 17, 2018 4:30 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as saving TOO much?
Replies: 78
Views: 6608

Re: Is there such thing as saving TOO much?

So Far this year, I've saved roughly 26k...and I've made about 38k... How? I would've expected taxes to cut that $38k to $30k. You've lived nearly nine months on $4k? yea something is off about that. do you live at home OP? Some should read the whole thread. The answers they seek are in there. :hap...
by chevca
Fri Sep 14, 2018 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Using 401k loans to max tax advantaged accounts early in career
Replies: 24
Views: 1220

Re: Using 401k loans to max tax advantaged accounts early in career

How much are we talking here... how much in the 401k... how far off from maxing the low earning years would you be? Many plans have limits on how much you can borrow, like 50% of the total balance. You would probably have to start paying back the loan immediately. If you can't afford to max it out n...
by chevca
Fri Sep 14, 2018 12:43 pm
Forum: Investing - Theory, News & General
Topic: Ok reasons for a 37 year old to have a 60/40 mix?
Replies: 66
Views: 11052

Re: Ok reasons for a 37 year old to have a 60/40 mix?

The thread is over a year old, so you're 38 now, yes? Are you thinking and asking about going from 60/40 to 62/38? Why bother... or, go for it... it doesn't matter much with that small of a change.

I'd just leave it at 60/40.
by chevca
Thu Sep 13, 2018 1:58 pm
Forum: Personal Consumer Issues
Topic: How to determine quality of a finished new construction home
Replies: 45
Views: 2839

Re: How to determine quality of a finished new construction home

Best person who know is all is the city/county inspector who inspects new homes. Sure, but what are they going to tell you... it passed or it failed. :happy They don't sit down and talk with every potential buyer of every home they inspect. In my experience, inspectors love to talk. They are willin...
by chevca
Thu Sep 13, 2018 1:55 pm
Forum: Personal Consumer Issues
Topic: I need a chainsaw to trim branches and limbs!!
Replies: 93
Views: 4004

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

Also, if you're just trimming branches and limbs, a chainsaw is probably overkill. Especially if it involves climbing and being on a ladder and all... don't do that as an amateur. A pruning saw is probably all you need.... and quite a bit safer.
by chevca
Thu Sep 13, 2018 1:48 pm
Forum: Personal Consumer Issues
Topic: I need a chainsaw to trim branches and limbs!!
Replies: 93
Views: 4004

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

Have you looked into renting one when it would be needed?

I have a similar 1/2 acre lot with trees having branches to be cut, and some logs on the ground I need to cut up. I don't feel purchasing a chainsaw would be a good move, as I wouldn't use it much other than a one time big project.
by chevca
Thu Sep 13, 2018 1:32 pm
Forum: Personal Consumer Issues
Topic: How to determine quality of a finished new construction home
Replies: 45
Views: 2839

Re: How to determine quality of a finished new construction home

Thanks everyone for the feedback. I do plan to hire an independent home inspector at some point but isn't that typically done after an offer has been accepted but before closing since it can be costly? Yes. I doubt the builder would let you do an inspection without being under contract. It's their ...
by chevca
Thu Sep 13, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Exchanging investments in 401K
Replies: 6
Views: 527

Re: Exchanging investments in 401K

I'd say expense ratio fluctuations are the least of your worries. :happy

That's market timing talk and likely to cost you much more than different ERs. But, as far as I know, you simply pay the ER of whatever fund while you hold it.
by chevca
Thu Sep 13, 2018 12:23 pm
Forum: Personal Consumer Issues
Topic: How to determine quality of a finished new construction home
Replies: 45
Views: 2839

Re: How to determine quality of a finished new construction home

denovo wrote:
Thu Sep 13, 2018 12:19 pm
Best person who know is all is the city/county inspector who inspects new homes.
Sure, but what are they going to tell you... it passed or it failed. :happy

They don't sit down and talk with every potential buyer of every home they inspect.
by chevca
Thu Sep 13, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: How to determine quality of a finished new construction home
Replies: 45
Views: 2839

Re: How to determine quality of a finished new construction home

There's a specific house that I'm looking at that seems to be very high quality (and the sellers agent also insists that is), Well, if they say so.. :happy Unless you went totally custom build down to picking out all materials used yourself, most new homes nowadays are pretty similar as far as mate...
by chevca
Thu Sep 13, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Buying townhome/home -- need opinions
Replies: 26
Views: 1877

Re: Buying townhome/home -- need opinions

kaeltor wrote:
Thu Sep 13, 2018 9:01 am
Thanks for the suggestions and advice.

I'll hold off for now. I think I'll just look for a single room apartment and keep rentiNg, see how living alone is.
I also say keep renting and save for a year or two, then revisit the buy/rent decision.
by chevca
Thu Sep 13, 2018 11:20 am
Forum: Investing - Help with Personal Investments
Topic: How to stay the course when you “think” you can outsmart the market
Replies: 36
Views: 2152

Re: How to stay the course when you “think” you can outsmart the market

I truly believe indexing is the best way to invest but sometimes “ideas” get the best of me. For example with the hurricane approaching I thought it would be a smart move to buy Generac, already down 5%. I was curious how often other boggleheads trade short term and how the smart ones have the disc...
by chevca
Wed Sep 12, 2018 12:57 pm
Forum: Investing - Help with Personal Investments
Topic: Hypothetical Question - Market Timing
Replies: 43
Views: 2354

Re: Hypothetical Question - Market Timing

bottlecap wrote:
Wed Sep 12, 2018 12:30 pm
I'm still chuckling about the "strictly hypothetical" nature of this situation...
That is pretty funny. Seriously, just hypothetical..... but, what should I do here? :happy
by chevca
Wed Sep 12, 2018 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Hypothetical Question - Market Timing
Replies: 43
Views: 2354

Re: Hypothetical Question - Market Timing

Whoa, ya I did the math wrong on those scenarios. Thanks for pointing that out. It’s late here in Texas :) I appreciate the feedback. The more I think about it, the more I’m leaning towards a 60/40 type portfolio until the next recession hits. Then I can just rebalance my account to my desired 90/1...
by chevca
Wed Sep 12, 2018 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Hypothetical Question - Market Timing
Replies: 43
Views: 2354

Re: Hypothetical Question - Market Timing

I think we've all had this question. I have it right now. Had anyone done a historical study taking different starting times, a chunk of money, and then put it in either all at once or in installments? About 2/3 of the time, it's better to lump sum it all in. About 1/3 of the time, it's better to s...
by chevca
Wed Sep 12, 2018 6:13 am
Forum: Investing - Help with Personal Investments
Topic: Hypothetical Question - Market Timing
Replies: 43
Views: 2354

Re: Hypothetical Question - Market Timing

I appreciate the feedback. The more I think about it, the more I’m leaning towards a 60/40 type portfolio until the next recession hits. Then I can just rebalance my account to my desired 90/10. This seems ideal. It puts me in the market now, and gives me some leverage for rebalancing after the ine...
by chevca
Fri Sep 07, 2018 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: new homes being built next door, effect on value of my home?
Replies: 20
Views: 2053

Re: new homes being built next door, effect on value of my home?

Now they're dividing the lot in two and plan is to build 2 new homes on it...this Fall/Winter/upcoming Spring. How will this affect the value of my 100+ year old home? Someone may very likely to the same thing to your old house... tear it down and build new. Find out who the builder is next to you,...
by chevca
Fri Sep 07, 2018 5:57 pm
Forum: Personal Consumer Issues
Topic: Ford F-150 Technical Service Bulletin, legal ramifications
Replies: 24
Views: 1835

Re: Ford F-150 Technical Service Bulletin, legal ramifications

Also, does anyone have any advice as to how to approach the dealer? Should I just mention the symptoms? Or should I tell them I am aware of the TSB and that I want the engine replaced? Thanks. Yes... to all :happy I say you're overthinking this. It's a new truck, under warranty, and has issues. Get...
by chevca
Fri Sep 07, 2018 9:51 am
Forum: Personal Consumer Issues
Topic: taking home equity for credit card debt?
Replies: 19
Views: 1207

Re: taking home equity for credit card debt?

One of the homes was not a rental until recently and I still look at it as my home and where I will retire as I love it and all family is there. I was laid off and forced to take a job in another state. At my age (60) I was lucky to get another job and I make very good money but no way to increase ...
by chevca
Sun Sep 02, 2018 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: Fund a Roth IRA with balance transfer CC
Replies: 14
Views: 593

Re: Fund a Roth IRA with balance transfer CC

I would pass on this idea. You will have over $400k in student loans! Even with the high salary, it may not he time to invest outside a company match in a 401k for a bit. But that's just my take on it and there are student loans forgiveness things I don't fully understand. So, maybe there's more to ...
by chevca
Sun Sep 02, 2018 2:51 pm
Forum: Investing - Help with Personal Investments
Topic: How do I maximize my long term average expected return?
Replies: 32
Views: 2760

Re: How do I maximize my long term average expected return?

Are you familiar with the Bogleheads and our main style of investing? Because it doesn't really jive with your style and plan... well, doesn't jive at all really. We are more about passive index fund investing, and not taking on too much nor too little risk. Does that at all interest you in how you ...
by chevca
Sun Sep 02, 2018 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: Time required for outgoing wires from Ally Bank
Replies: 17
Views: 967

Re: Time required for outgoing wires from Ally Bank

I have done this with Ally in recent years. In my experience, they want the couple/few days to confirm everything. They will or should call you to make sure it was you that started the wire or ACH and to confirm the receiving organization and numbers of theirs. It's not a big deal because you can s...
by chevca
Sun Sep 02, 2018 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Time required for outgoing wires from Ally Bank
Replies: 17
Views: 967

Re: Time required for outgoing wires from Ally Bank

I have done this with Ally in recent years. In my experience, they want the couple/few days to confirm everything. They will or should call you to make sure it was you that started the wire or ACH and to confirm the receiving organization and numbers of theirs. It's not a big deal because you can sc...
by chevca
Sun Sep 02, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Sell house before exclusion expires?
Replies: 8
Views: 982

Re: Sell house before exclusion expires?

A good and common response to these questions is another question... if you didn't own this house already, would you go out and buy one like it to have a rental property? If not, sell it.
by chevca
Sat Sep 01, 2018 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Not great 401k at new job. Which lazy strategy sounds better?
Replies: 3
Views: 345

Re: Not great 401k at new job. Which lazy strategy sounds better?

Yeesh, those are a bunch of high ERs!

I too, would probably just go with the S&P 500 fund for now. When the balance in the 401k gets high enough to make things out of whack with the overall portfolio, then look at how to arrange the other accounts to maintain the AA.
by chevca
Fri Aug 31, 2018 2:08 pm
Forum: Personal Consumer Issues
Topic: Another car (truck) buying question
Replies: 20
Views: 1211

Re: Another car (truck) buying question

maddogio wrote:
Fri Aug 31, 2018 1:59 pm
Is this purchase unreasonable?
Nope, go for it.
by chevca
Fri Aug 31, 2018 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Rate + Points - Sanity Check
Replies: 5
Views: 447

Re: Mortgage Rate + Points - Sanity Check

I wouldn't buy the points if you plan to pay it off in 10 years. That's an aggressive paydown, so your savings on interest is going to come mainly from doing that. If you're going to pay it down that fast, what are the 15 year rates? Get a 15 year mortgage. What if you went with this lender, even a ...
by chevca
Fri Aug 31, 2018 1:53 pm
Forum: Personal Consumer Issues
Topic: Buying car online?
Replies: 65
Views: 3603

Re: Buying car online?

I would go with dealer 2 or 3, whichever car you like better and call it good. Those look like good prices and they're not too far away. But, that's how I do my car buying... give me a car I want and like a decent price and I'm happy. I don't care about absolute best deal ever, bottom dollar, someth...
by chevca
Fri Aug 31, 2018 1:46 pm
Forum: Investing - Theory, News & General
Topic: What constitutes a haystack? (for stocks)
Replies: 32
Views: 2458

Re: What constitutes a haystack?

I consider an index fund a haysatack. When we're talking hundreds or thousands of stocks or bonds in a fund, that's haystack'ish enough for me. Of course, my definition means the are many more than one haystack out there. Which ones folks want to own or tilt to.... to each their own. 'Thee haystack'...
by chevca
Fri Aug 31, 2018 1:33 pm
Forum: Investing - Theory, News & General
Topic: Are CDs considered an investment?
Replies: 75
Views: 3957

Re: Are CDs considered an investment?

CD is not an investment. It is just a piggy back for adult. A bank issues CD is an investment: paying less for deposit and lend same money at high rate to make the difference. I would buy dividend paying bank stock. The spread the risk, I will buy different bank stocks. A piggy back? I would never ...
by chevca
Wed Aug 29, 2018 1:21 pm
Forum: Personal Consumer Issues
Topic: Bone in my food
Replies: 107
Views: 4062

Re: Bone in my food

Is this a serious post/thread? :oops:

OP, you're not a fan of Chipotle, don't like their meat, only tolerate their chicken, and you eat there once or twice a week?? Is Chipotle the only restaurant around you?
by chevca
Mon Aug 27, 2018 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Investment help for the chronically indecisive
Replies: 5
Views: 531

Re: Investment help for the chronically indecisive

Anyway, investment recommendations depend on the investment horizon, which is something that chronically indecisive people like myself have problems committing to. I am currently maxing out my 401k and a Roth IRA, so neither of them is an option. Does anyone have any recommendation for how best to ...
by chevca
Mon Aug 27, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Recast plus lump sum prepayment -
Replies: 11
Views: 890

Re: Recast plus lump sum prepayment -

Pretty much what niceguy above said. I'd pay the car off first in this situation. Sure, it's a low interest rate. But, if you're strapped for cash each month, hanging onto a $500/month payment when you can pay the loan off makes little sense to me. Then, I'd put maybe $50k towards the mortgage princ...
by chevca
Sun Aug 26, 2018 10:51 am
Forum: Investing - Help with Personal Investments
Topic: 28 year's old with no retirement savings.
Replies: 31
Views: 3208

Re: 28 year's old with no retirement savings.

"Catch up".... at age 28?? You will be fine! Good job getting started and interested in saving and investing now.

I didn't even think about this stuff, let alone start on it, until I was almost 40 years old.

Read up, develop a plan you will stick with, and save and invest.
by chevca
Sun Aug 26, 2018 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Take pension immediately upon retirement, or use 457 funds?
Replies: 36
Views: 1616

Re: Take pension immediately upon retirement, or use 457 funds?

Thanks for the comment. Yes, social security is still available to me, as I have been contributing. Another concern that I have and forgot to mention is there is no COLA with my. pension. The day I begin drawing, the amount is locked for life. Thus, I would like to get it as far above 100% as possi...
by chevca
Sun Aug 26, 2018 10:25 am
Forum: Investing - Help with Personal Investments
Topic: $3.5M cash pile at age 63 – what would you do right now (and what wouldn't you do)?
Replies: 34
Views: 5646

Re: $3.5M cash pile at age 63 – what would you do right now (and what wouldn't you do)?

Thanks so far for the really useful advice. For clarity the cash culminated from a number of sources: - Savings (save and save and save....from high income and bonuses during tax free periods) - encashed pension funds due to tax breaks (non US sources) - Property disposals - smaller inheritance No ...
by chevca
Sun Aug 26, 2018 9:21 am
Forum: Investing - Help with Personal Investments
Topic: $3.5M cash pile at age 63 – what would you do right now (and what wouldn't you do)?
Replies: 34
Views: 5646

Re: $3.5M cash pile at age 63 – what would you do right now (and what wouldn't you do)?

Where did the $3.5M come from? Inheritance? Lottery winnings? Selling off real estate? Legal settlement? I think these are important questions. Do you have $3.5M at age 63, OP, because you just save and save, but keep it all in cash, or did you just receive this $3.5M? I know my answer would be dif...
by chevca
Sat Aug 25, 2018 4:23 pm
Forum: Personal Consumer Issues
Topic: Any advice if I should buy this Used Minivan?
Replies: 21
Views: 1415

Re: Any advice if I should buy this Used Minivan?

No one is claiming anything to be "fact". None of us were there, right? However, a clean title and only top and window damage (functional damage at that) would help me deduce that a roll over and slam into a tree at 45 mph accident did NOT happen. :wink: Accident reports are public record. The site ...
by chevca
Sat Aug 25, 2018 10:14 am
Forum: Personal Consumer Issues
Topic: Any advice if I should buy this Used Minivan?
Replies: 21
Views: 1415

Re: Any advice if I should buy this Used Minivan?

What do you mean by car got clotheslined by a branch? sorry I’m not familiar with cars except for using it to drive, never heard of the term clotheslined. Ever watch WWE wrestling? :happy The clothes lined by the tree would be like a low hanging branch the vehicle would have driven into around the ...
by chevca
Sat Aug 25, 2018 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Game Changing Inheritance of Stocks! Now what?
Replies: 75
Views: 6936

Re: Game Changing Inheritance of Stocks! Now what?

Of note, Berkshire Hathaway is number 7 on the top 10 holding lists of the S&P 500 and Total Stock indexes (Vanguard). So, the OP would still own plenty of it. :happy

OP, you would just also MANY other stocks by diversifying.
by chevca
Sat Aug 25, 2018 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Game Changing Inheritance of Stocks! Now what?
Replies: 75
Views: 6936

Re: Game Changing Inheritance of Stocks! Now what?

If they are saying it because they think they know the market... wrong.... there will arrive a day when Warren Buffett is no longer with Berk... while the board will continue his legacy (and could potentially do better)... it's hard to say what direction the company will take. I would prefer to div...
by chevca
Sat Aug 25, 2018 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Home equity and timing of house purchase
Replies: 17
Views: 2473

Re: Too much home equity?

One of us is interested in a $900K house in neighborhood A. The other is interested in a $700K house in neighborhood B, largely because $150K to invest outside of real estate sounds like a good problem to have. One not being happy in neighborhood B because the other one wanted to invest what could ...
by chevca
Sat Aug 25, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Basic Question
Replies: 6
Views: 527

Re: Basic Question

What or who is Vogle?

Your portfolio sounds fine. It's likely to track total stock pretty closely. I would go total stock just for simplicity. But, to each their own.

If you were to change, is this all in tax advantaged accounts or taxable?
by chevca
Sat Aug 25, 2018 8:07 am
Forum: Investing - Help with Personal Investments
Topic: Take pension immediately upon retirement, or use 457 funds?
Replies: 36
Views: 1616

Re: Take pension immediately upon retirement, or use 457 funds?

Yes, I forgot to mention that earlier. Spending your 457 funds before collecting the pension is banking on the pension and government there to sustain you and the pension for your life. It may work out fine like that. But, I wouldn't depend on that after spending all my own money. Things change and ...
by chevca
Sat Aug 25, 2018 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Take pension immediately upon retirement, or use 457 funds?
Replies: 36
Views: 1616

Re: Take pension immediately upon retirement, or use 457 funds?

Do you have any kids, heirs, or anyone you would want to pass money down to? That would be a reason to leave the 457 funds alone. I would just retire at 56 and start drawing the pension. Why spend all your 457 money to receive a higher pension payment, when you can draw 100% of your salary at retire...
by chevca
Sat Aug 25, 2018 6:44 am
Forum: Personal Consumer Issues
Topic: Any advice if I should buy this Used Minivan?
Replies: 21
Views: 1415

Re: Any advice if I should buy this Used Minivan?

The title is still clean and that's the big part. If it was now a salvage title, I'd say run. I imagine at tree or a large branch fell on the vehicle as it was traveling, due to the top and window damage. Pretty tough to clothes line a branch on an, I assume, 45 mph road. Any branches possibly that ...
by chevca
Fri Aug 24, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: Selling old car - expired registration
Replies: 31
Views: 1795

Re: Selling old car - expired registration

i really wish someone in need drives it - i checked with a charity and they said they would sell it for parts So what if they sell it for parts. Don't let emotional attachment get in the way here. It's an old car, simple as that. Thank you @chevca for the suggestion - as @researcher mentioned i hav...
by chevca
Fri Aug 24, 2018 1:11 pm
Forum: Personal Consumer Issues
Topic: Selling old car - expired registration
Replies: 31
Views: 1795

Re: Selling old car - expired registration

sman09 wrote:
Fri Aug 24, 2018 12:02 pm
i really wish someone in need drives it - i checked with a charity and they said they would sell it for parts
So what if they sell it for parts. Don't let emotional attachment get in the way here. It's an old car, simple as that.