Search found 565 matches

by Olemiss540
Sun Oct 21, 2018 6:04 am
Forum: Personal Finance (Not Investing)
Topic: is it better to switch houses in a market downturn?
Replies: 4
Views: 827

Re: is it better to switch houses in a market downturn?

If I was trying to market time condo selling in a HCOL area and had the potential for 350k in profit, better believe I would be selling today and renting.

As a matter of fact I am doing that right now for a much smaller spread.
by Olemiss540
Fri Oct 12, 2018 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: Does Timing Matter? 3 Fund Portfolio
Replies: 39
Views: 2708

Re: Does Timing Matter? 3 Fund Portfolio

True - "exploded" was probably too strong of a term. Also - in response to the 30% bond allocation. It does seem like a lot, but I was just following what is recommended in Taylor Larimore's "The Bogleheads' Guide to the Three-Fund Portfolio" which says the bond allocation % should be around your a...
by Olemiss540
Fri Oct 12, 2018 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Does Timing Matter? 3 Fund Portfolio
Replies: 39
Views: 2708

Re: Does Timing Matter? 3 Fund Portfolio

Age 31 I was in the process of restructuring my portfolio that I rolled over from my previous employer. My plan was to put 30% in total bond fund, 55% in Total Market Index Fund and 15% in Total International Index. However, the stock market has exploded the last few days so I am hesitant to make a...
by Olemiss540
Fri Oct 12, 2018 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: Scared to Jump
Replies: 11
Views: 1425

Re: Scared to Jump

I am not sure you are ready based on recent performance tracking. There is nothing to say that over the next 5 years the boglehead portfolio will overperform your current portfolio. The boglehead portfolio does not promise over performance, but rather MARKET performance. You need to get comfortable ...
by Olemiss540
Fri Oct 12, 2018 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Relaxing in America during this current market drop
Replies: 20
Views: 4152

Re: Relaxing in America during this current market drop

The main reason why I don't get worried is that I have enough drawdown invested in short term bonds and FDIC products to take me to age 90. That sounds pretty relaxing to me... What market drop? My target date funds maintain my asset allocation, so really no need to track day to day noise. You can ...
by Olemiss540
Fri Oct 12, 2018 10:13 am
Forum: Investing - Help with Personal Investments
Topic: Relaxing in America during this current market drop
Replies: 20
Views: 4152

Re: Relaxing in America during this current market drop

What market drop? My target date funds maintain my asset allocation, so really no need to track day to day noise.
by Olemiss540
Tue Oct 09, 2018 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: Using bonds to offset mortgage interest?
Replies: 9
Views: 585

Re: Using bonds to offset mortgage interest?

Sounds like a thought exercise to justify market timing.

What other investments do you have (retirement, etc)?

How much liquidity do you really NEED?
by Olemiss540
Tue Oct 09, 2018 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Talk me out of buying a Tesla Model 3
Replies: 191
Views: 11027

Re: Talk me out of buying a Tesla Model 3

Can you afford it? Do you have 75k set aside for a toy? If not than no. If so than yes. A GT3 RS would be amazing, but there is a reason I have never test driven one. Your retirement assets do not matter since those are earmarked for 15 years from now, it is a matter of lifestyle inflation and in 3 ...
by Olemiss540
Wed Oct 03, 2018 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Amazon Prime/Whole Foods/AMEX Blue Cash Preferred dilemma
Replies: 26
Views: 2169

Re: Amazon Prime/Whole Foods/AMEX Blue Cash Preferred dilemma

Jags4186 wrote:
Wed Oct 03, 2018 5:05 pm
Personally I think the AMEX BCP is a garbage card. The absolute best you can do is 4.4% cash back on groceries if you spend exactly $6000/yr after subtracting the $95 annual fee. Too much work for too little reward. Of course this is what AMEX wants.
Conveniently ignoring the $200 sign up bonus.
by Olemiss540
Wed Oct 03, 2018 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Amazon Prime/Whole Foods/AMEX Blue Cash Preferred dilemma
Replies: 26
Views: 2169

Re: Amazon Prime/Whole Foods/AMEX Blue Cash Preferred dilemma

You are worried about percentage points on groceries but ignoring a 10% fee (tip) for delivery? Why is delivery even an option if you are worried about an extra 40 dollars in rewards spend each year?
by Olemiss540
Fri Sep 28, 2018 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Pay extra on mortage if I'm already maxing 401k and Roth?
Replies: 16
Views: 2284

Re: Pay extra on mortage if I'm already maxing 401k and Roth?

Will you meet your retirement goals by strictly maxing out your 401k/Roth? No point in considering unless you are on path with regards to your projected nest egg and retirement age.
by Olemiss540
Thu Sep 27, 2018 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Update and new strategy
Replies: 3
Views: 563

Re: Update and new strategy

Personally I would get any free match money from my employer and then use every spare dollar to pay down a 7% loan. No way are you going to get that return on any other risk free investment, doubtful you would get that return with a risky investment either. You will be able to supercharge retirement...
by Olemiss540
Thu Sep 27, 2018 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Update and new strategy
Replies: 3
Views: 563

Re: Update and new strategy

I would knock the student loans out ASAP. Consider keeping a 7k EF and then try and get the loans kicked in the next 14-16 mo! Congrats.
by Olemiss540
Mon Sep 24, 2018 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: How to best plan for future large expenses?
Replies: 12
Views: 1130

Re: How to best plan for future large expenses?

Not sure how I feel about prepaying daycare, but prepaying taxes should be stopped ASAP. Ensure your withholdings are accurate to zero out your tax liability before tax season so you have more money in your pocket now. There is a good worksheet on MMM or can always estimate by hand and then fiddle w...
by Olemiss540
Thu Sep 20, 2018 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Im going to die somewhere between Bankruptcy and $20 million
Replies: 46
Views: 9637

Re: Im going to die somewhere between Bankruptcy and $20 million

[(removed) --admin LadyGeek] With 750k at 33, you are in the .1%. Quit reading financial forums, running portfolio visualizers, and humble bragging to a bunch of strangers. You could probably retire at 40. If you cant retire at 55, most won't be able to retire at 90. I am done with this place for a...
by Olemiss540
Thu Sep 20, 2018 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Rate our 5 yr plan and beyond
Replies: 25
Views: 1521

Re: Rate our 5 yr plan and beyond

Did I miss the current combined retirement balance? I saw the "projected" but realize you are one correction or downturn from having 200k at 41. A house and a car are the two largest expenses a family has and you went high with both of them. They are dragging your budget down and are a remnant of al...
by Olemiss540
Thu Sep 20, 2018 7:30 am
Forum: Personal Consumer Issues
Topic: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help
Replies: 82
Views: 3568

Re: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help

You can easily buy a 2013 or 2014 3 series with 50k miles for 10-12k ALL DAY LONG. Given how many miles you drive, I would be surprised if you had any maintenance issues at all over the next 10 years. These cars may not be appliances like Honda or Toyotas, but repairs can be reasonable if you do it ...
by Olemiss540
Thu Sep 20, 2018 6:40 am
Forum: Personal Finance (Not Investing)
Topic: Should we temporarily reduce our retirement contributions in order to pay off our $400k mortgage in 7 years?
Replies: 83
Views: 7468

Re: Should we temporarily reduce our retirement contributions in order to pay off our $400k mortgage in 7 years?

I don't think it matters what you gus do, you both seem setup to be in an amazing position with your level of assets at your age.

You truly appear to be crushing it!
by Olemiss540
Wed Sep 19, 2018 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Elderly parents are in debt - Need advice
Replies: 39
Views: 4822

Re: Elderly parents are in debt - Need advice

I am guessing after 70 years, bankruptcy, providing assistance, etc is not going to change much of anything. They need to try and get through the next few months dealing with health issues and then try to convert to a Dave Ramsey style change of habits. Try to get them the Total Money Makeover or in...
by Olemiss540
Tue Sep 18, 2018 6:00 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 25238

Re: What is your single most expensive mistake?

I would have kept the locks the same and worried about theft once it happened. I am assuming the car is insured? Odds are nothing would have happened and I would be $500 richer. I grew up in a lock shop and if someone wants to steal your toyota, they don't need a key. I always make sure to have spar...
by Olemiss540
Fri Sep 14, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else not save for cars?
Replies: 113
Views: 10271

Re: Anyone else not save for cars?

I like the simplicity of buying 10k cars in CASH from a paperwork, monthly hassle, and insurance cost standpoint. The 10k car versus the 22k car seems like a 12k difference until you factor in state and local registration/taxes, increased insurance coverage costs, etc. If I could afford the 22k car ...
by Olemiss540
Thu Sep 13, 2018 10:26 am
Forum: Personal Finance (Not Investing)
Topic: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?
Replies: 118
Views: 11457

Re: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?

That's an incredible story, and I like to think that FI gives someone the ability to turn ladders upside down, or jump from one ladder to another. In other words, I hope that the ability to take risks with my career (once FI) leads to the fulfillment in a role or task to do it for the rest of my lif...
by Olemiss540
Thu Sep 13, 2018 7:05 am
Forum: Personal Finance (Not Investing)
Topic: Buying townhome/home -- need opinions
Replies: 26
Views: 1972

Re: Buying townhome/home -- need opinions

Keep putting 15% away for retirement, and then save as hard as you can. By the time you have a 20% downpayment (40-50k) and a sufficient emergency fund, you will probably have an income to support the townhouses you are looking at. Probably 2-3 years out. Personally, I would rent and try and stick e...
by Olemiss540
Wed Sep 12, 2018 7:48 am
Forum: Personal Finance (Not Investing)
Topic: My daughter's inheritance.
Replies: 64
Views: 8941

Re: My daughter's inheritance.

run away from those advisors, and seek help with vanguard or fidelity. Only. +1. Sharks are in the water.... Invest the time and learn how to manage this money not only for near term items (home/car) but future retirement. Pls don't this the wrong way but I wonder if the $ would be a distraction fo...
by Olemiss540
Tue Sep 11, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Mr.No - another should I pay off my mortgage, post
Replies: 31
Views: 2690

Re: Mr.No - another should I pay off my mortgage, post

I am going to be MR NO as that's a NO from me.

You are killing it, and can consider splitting extra taxable cash between investments and mortgage pay down. That's a great mortgage rate to tax a big tax hit to pay off IMO.
by Olemiss540
Sun Sep 09, 2018 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: I think my father has a gambling problem
Replies: 78
Views: 6832

Re: I think my father has a gambling problem

If he's mentally sharp, he should learn how to WIN. It's not that hard to have an edge over casinos. You need some specialized knowledge and lots of discipline. Start here: https://www.amazon.com/Advanced-Advantage-Play-Safeguarding-Promotions/dp/1883423392/ref=sr_1_1?ie=UTF8&qid=1536520006&sr=8-1&...
by Olemiss540
Fri Sep 07, 2018 11:14 am
Forum: Personal Consumer Issues
Topic: Large Family Trip - Florida or Carribean
Replies: 24
Views: 1766

Re: Large Family Trip - Florida or Carribean

I have been going to the Sanibel/Captiva area for decades in the winter time and personally would not hesitate the book a family vacation that time of year. We have kids and adults alike swimming/beaching it all the time. We usually VRBO condos on South seas, but that would require you to split up y...
by Olemiss540
Wed Sep 05, 2018 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: DIY: Three versus One! Are the Advantages Worth it?
Replies: 47
Views: 3849

Re: DIY: Three versus One! Are the Advantages Worth it?

Target date fund for me atleast until/if I ever wratchet up the taxable investing. I find the ability to just shovel money into a pool simple and automatic. It also keeps me from constant internal banter regarding allocations and prevents tinkering. To each the own but I enjoy my extra 15 min of sle...
by Olemiss540
Wed Sep 05, 2018 7:15 pm
Forum: Personal Consumer Issues
Topic: Daily Driver (Car) Over 100K Miles?
Replies: 96
Views: 7119

Re: Daily Driver (Car) Over 100K Miles?

2005 Silverado with 197k. I do all of my own maintenance which really stretches the buck and allows me to keep a vehicle to its full potential. I have no plans of getting rid of this beast. I just did a ton of work on it and it's running better than ever. I need a new O2 sensor and / or catalytic c...
by Olemiss540
Wed Sep 05, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Career Advice Please!
Replies: 20
Views: 1875

Re: Career Advice Please!

Can you open a frank line of communication with your current employer with regards to your mobility and potentially increasing your value with the company through taking on additional direct reports? Do this while you are pursuing this new opportunity which will allow you to leverage them against ea...
by Olemiss540
Wed Sep 05, 2018 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Sell our new home to downsize
Replies: 37
Views: 3498

Re: Sell our new home to downsize

Personally, I think you need to go one direction or the other. To be more specific, if you are going to work DR plan and not keep up with the Jones', sell and buy something you can easily afford on a 15year payment (like 200-225k) and drastically change your 15 year plan. Maybe one of you becomes a ...
by Olemiss540
Wed Sep 05, 2018 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Sell our new home to downsize
Replies: 37
Views: 3498

Re: Sell our new home to downsize

Are you paying PMI? Your downpayment seems suspect if you only have 50k in equity.
by Olemiss540
Mon Sep 03, 2018 8:42 am
Forum: Investing - Help with Personal Investments
Topic: First Steps w/ Roth IRA
Replies: 10
Views: 1179

Re: First Steps w/ Roth IRA

Target date funds not only maintain your selected glide path, but also help to prevent performance chasing. They are also low cost and index based which is why I am most certainly using them myself.
by Olemiss540
Mon Sep 03, 2018 8:30 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio for 35 year old
Replies: 21
Views: 2235

Re: Portfolio for 35 year old

Similar situation here, excepting everything in a tax advantaged account is invested in Vanguard target date funds and non-emergency funds in the taxable account are split into total stock and ex-us. Enjoying the simplicity and hoping for the stock market crash sooner rather than later (given it wou...
by Olemiss540
Sun Sep 02, 2018 9:19 am
Forum: Personal Consumer Issues
Topic: Any taxes on Xfinity Mobile By the Gig data?
Replies: 13
Views: 862

Re: Any taxes on Xfinity Mobile By the Gig data?

Mint Mobile user here. 15/mo for 2 GB 4G LTE and unlimited throttled speeds after that.
by Olemiss540
Sat Sep 01, 2018 6:34 pm
Forum: Investing - Help with Personal Investments
Topic: Wanting to retire early. Is my math right?
Replies: 29
Views: 3768

Re: Wanting to retire early. Is my math right?

tarmangani wrote:
Tue Aug 28, 2018 9:27 pm
Fall in love, get married TO A DOCTOR, mooch off wife's medical; my plan...
:moneybag FIFY
by Olemiss540
Sat Sep 01, 2018 6:17 pm
Forum: Personal Consumer Issues
Topic: Any taxes on Xfinity Mobile By the Gig data?
Replies: 13
Views: 862

Re: Any taxes on Xfinity Mobile By the Gig data?

I would never trust anything Comcast was selling personally. Wait until they update terms and conditions and bump miscellaneous fees on you every other month. So glad I am out of their cable network now.....

Sorry for the rant, I guess anything works as long as you are not tied into contracts.
by Olemiss540
Sat Sep 01, 2018 6:04 pm
Forum: Personal Consumer Issues
Topic: Daily Driver (Car) Over 100K Miles?
Replies: 96
Views: 7119

Re: Daily Driver (Car) Over 100K Miles?

2 - 15YO Escalades with 140k miles each. The twin terrors ensure we have zero desire to upgrade vehicles until there will no longer be food/drinks dousing the interior on a daily basis. With cell phones, Uber, etc there is little concern with driving something higher mileage these days. Worst case I...
by Olemiss540
Sat Sep 01, 2018 1:39 pm
Forum: Personal Consumer Issues
Topic: The twenty dollar rule
Replies: 44
Views: 3924

Re: The twenty dollar rule

What a horrible way to live. With you being judge and jury, I am sure resentment is close to follow. Or layaway will become your new friend. How about YNAB? Make a decision on each budget item, and then who cares if it is all spent at once or in small pieces. As long as you are within the category b...
by Olemiss540
Sat Sep 01, 2018 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: How to account for HSA in retirement planning?
Replies: 41
Views: 3257

Re: How to account for HSA in retirement planning?

I add it to my overall retirement portfolio as it is invested with the same AA as the other money set aside.

I do not see a reason to break it out unless you are somehow breaking out tax treatment for each retirement expense.
by Olemiss540
Sat Sep 01, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Contemplating trading in a 2-year old car with <25k miles...
Replies: 23
Views: 1778

Re: Contemplating trading in a 2-year old car with <25k miles...

What's your Networth? How about trading your horrible decision in for a less bad decision for around the same money? Maybe try for a 3 or 4 year old car around 20k dollars? If you want to chase the rabbit hole for newer better cars, it will have a long impact on your fanancial future. Maybe try a us...
by Olemiss540
Mon Aug 27, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Can't handle being in debt (mentally)
Replies: 42
Views: 5024

Re: Can't handle being in debt (mentally)

If the friend can not handle being in debt, possibly consider not getting into it in the first place. Heard too many excuses from folks close to me why they should have pity about credit card bills, but simply could have been solved by longer range planning. I highly recommend not taking the easy wa...
by Olemiss540
Fri Aug 24, 2018 2:18 pm
Forum: Personal Consumer Issues
Topic: Used/New car - Help decide please
Replies: 46
Views: 2296

Re: Used/New car - Help decide please

Personally I would stick with your budget and look a little older. Cars lay a long time now a days. Try a used lexus es with lower mileage. Craigslist is your friend, just get a pre purchase inspection before finalizing a deal! Considering Lexus is a luxury version, are they reliable and not as exp...
by Olemiss540
Fri Aug 24, 2018 7:10 am
Forum: Personal Consumer Issues
Topic: What would you do - Car Question
Replies: 41
Views: 2963

Re: What would you do - Car Question

Can always start the hunt for a newish lower mileage sequoia if you really did enjoy it. They are incredibly reliable, and you could take your time shopping to find the right one. I love buying older cars that were driven 5k miles a year and sold for 30c on the dollar. Watch craigslist and be patien...
by Olemiss540
Fri Aug 24, 2018 7:05 am
Forum: Personal Consumer Issues
Topic: Used/New car - Help decide please
Replies: 46
Views: 2296

Re: Used/New car - Help decide please

Personally I would stick with your budget and look a little older. Cars lay a long time now a days. Try a used lexus es with lower mileage. Craigslist is your friend, just get a pre purchase inspection before finalizing a deal!
by Olemiss540
Thu Aug 23, 2018 4:22 pm
Forum: Personal Consumer Issues
Topic: $65K Fun Daily Driver
Replies: 112
Views: 8717

Re: $65K Fun Daily Driver

Low mileage cherry mint E90 m3 6 speed. Turbos are for loozers. In all honesty, sold my 911TT and never looked back. Sure it was the most beautiful car I will ever own, but driving one under 100mph stinks (and everytime I hit a pothole I cringed from the thought of the damage). As everyone says, dri...
by Olemiss540
Wed Aug 22, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: I love my job but DW hates location and I'm underpaid
Replies: 28
Views: 3130

Re: I love my job but DW hates location and I'm underpaid

Approach them about telecommuting ASAP. Once you settle in on a place to live, can always job hunt places that may value you more while still allowing you to telecommute. There is no such thing as "locking in your underpaid wages" unless you sign a lifetime contract as part of your negotiations. It...
by Olemiss540
Wed Aug 22, 2018 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: I love my job but DW hates location and I'm underpaid
Replies: 28
Views: 3130

Re: I love my job but DW hates location and I'm underpaid

Approach them about telecommuting ASAP. Once you settle in on a place to live, can always job hunt places that may value you more while still allowing you to telecommute. There is no such thing as "locking in your underpaid wages" unless you sign a lifetime contract as part of your negotiations. It ...
by Olemiss540
Wed Aug 22, 2018 11:21 am
Forum: Personal Consumer Issues
Topic: Good Non-Boring Boglehead Cars Under $30k
Replies: 215
Views: 12440

Re: Good Non-Boring Boglehead Cars Under $30k

Can we PLEASE just let this thread die already???!!! Driving this old Escalade is killing me. Now I just want to go around test driving S2000's, Miatas, etc, etc. I dont have the $$$ laying around for another toy. What I would do to be back DD'ing my e36 m3 all over again. Back in the days when your...
by Olemiss540
Sun Aug 19, 2018 7:29 am
Forum: Personal Consumer Issues
Topic: Sheraton Kauai timeshare
Replies: 35
Views: 3892

Re: Sheraton Kauai timeshare

I have gotten the pitch there are it wasn't bad at all. This was a decade ago, but the island is absolutely spectacular.