Search found 170 matches

by snowox
Sun Mar 11, 2018 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Picking College and College Scholarships
Replies: 626
Views: 69795

Re: Picking College and College Scholarships

Daughter chose Purdue and loves it with a Capital L
by snowox
Sun Mar 11, 2018 7:26 am
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 249
Views: 35473

Re: Does anyone here with net worths north of $1 mil use financial advisors?

North of a Million, retired and use a Vanguard adviser who I feel does have my best interest in mind. We work together as opposed to him just telling me what to do.
by snowox
Wed Mar 07, 2018 5:30 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 719
Views: 78284

Re: Netflix, Your Current Favorite Show

Netflix Original 7 Seconds. Have one episode left for the first season and its good.
by snowox
Thu Jan 25, 2018 11:12 am
Forum: Personal Consumer Issues
Topic: Shiny spots on ceiling - what could they be?
Replies: 14
Views: 1604

Re: Shiny spots on ceiling - what could they be?

+2 the above answer.
by snowox
Thu Jan 25, 2018 11:09 am
Forum: Personal Finance (Not Investing)
Topic: How do you decide how wealthy you really are?
Replies: 58
Views: 8450

Re: How do you decide how wealthy you really are?

If the market dropped 50% would you be fine? if it dropped 75% would you be fine? answer that and you know if you are wealthy enough imo. Because its gonna come back something in time. Thats all I care about
by snowox
Sat Jan 13, 2018 6:50 am
Forum: Personal Finance (Not Investing)
Topic: 2018 Retirement Checklist.
Replies: 16
Views: 2942

Re: 2018 Retirement Checklist.

Is it save to say you have something planned that you are retiring to? While the financial aspects and getting things in order are important, so is going into retirement with a plan for good mental health. Retirement came quickly since I was self employed and was just DONE but the transition took me...
by snowox
Wed Jan 10, 2018 7:43 pm
Forum: Personal Consumer Issues
Topic: Cars in college
Replies: 34
Views: 1950

Re: Cars in college

I'm in this boat now with actually 2 in their Freshman Year as one graduated early and both at out of state schools. As you mentioned both schools they have to live on campus freshman year and most students migrate off sophmore year. So i currently have 2 cars in my driveway. Ones my son is 12 hours...
by snowox
Wed Jan 10, 2018 3:07 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 184
Views: 21607

Re: Anyone disenchanted with retirement?

Going on 3 years and I tried a job a year in once and walked. Was very interesting watching everyone working for their 2 day weekend and realized heck I had 7 days a week off. No thanks!
by snowox
Wed Jan 10, 2018 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: 529 high school withdrawal
Replies: 6
Views: 693

Re: 529 high school withdrawal

How old are your children , how many etc.... The way college tuition goes up you might want to be overfunded. Need more info
by snowox
Wed Jan 10, 2018 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: When to upgrade House
Replies: 24
Views: 2603

Re: When to upgrade House

You don't have the income to support a 5 bed/3 bath. A couple observations: 1. You should be doing Pre-tax 401k. You need every dollar now. Pay the tax 30 years down the road. 2. I would prioritize Roth IRA over filling your HSA once you have a balance that can support your health expenses 3. It mi...
by snowox
Tue Jan 09, 2018 5:57 am
Forum: Investing - Theory, News & General
Topic: "Can I Really Retire at 40?" What to Tell Clients
Replies: 53
Views: 8376

Re: "Can I Really Retire at 40?" What to Tell Clients

The market historically bounces back pretty quick so its not like one should need to go start a new career . Granted there are exceptions but that is the risk our what should be told to the client. My own example being fire'd was that if the [stuff --admin LadyGeek] really hit the fan that I would ...
by snowox
Sat Jan 06, 2018 4:30 am
Forum: Investing - Theory, News & General
Topic: "Can I Really Retire at 40?" What to Tell Clients
Replies: 53
Views: 8376

Re: "Can I Really Retire at 40?" What to Tell Clients

What clients should be told is that you should adjust as you go. Yeah. If you have workable plans for contingencies, that's what matters for making things work out. "Save more money" is simply one of many plans that sort out contingencies. Moving to a less expensive area, downsizing your house, cut...
by snowox
Fri Jan 05, 2018 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Can I retire now?
Replies: 50
Views: 6687

Re: Can I retire now?

I'm thinking I should work for another year or two and then re-evaluate. There seems to be quite a bit of doubt as to whether I could stretch my money out in the long run. +1, good idea. You are young, and very close to FI. Extra few years of work would be much safer for such a long retirement. I d...
by snowox
Fri Jan 05, 2018 7:41 am
Forum: Investing - Help with Personal Investments
Topic: Can I retire now?
Replies: 50
Views: 6687

Re: Can I retire now?

Were at a similar number and I retired at 50 and am at 53 so yes you can easily retire BUT everything is based as you know I am sure on historical data since that's all we have. So to offset that just keep your mind sharp and have a plan if need be to make a minimal amount of money to get you throug...
by snowox
Fri Jan 05, 2018 7:30 am
Forum: Investing - Theory, News & General
Topic: Hypothetical question: Will a man who lives forever own the world?
Replies: 23
Views: 1866

Re: Hypothetical question: Will a man who lives forever own the world?

This is interesting because words like Forever, infinity are hard to comprehend. I don't think there is really an answer to this because of chaos theory.
by snowox
Wed Jan 03, 2018 7:07 am
Forum: Investing - Theory, News & General
Topic: Talk me out of a 60/40 AA
Replies: 76
Views: 9370

Re: Talk me out of a 60/40 AA

Talk you out of it? I'll talk you into it! IMHO it's the ultimate SWAN portfolio for all people at all ages. Im 60/40 and I'm 53 and my wife is 57. My wife shows no interest at all in investing. After thinking about it for 20 plus years, upon retirement, I plan to put it all in the Vanguard Balance...
by snowox
Wed Jan 03, 2018 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Living Trust - Will
Replies: 55
Views: 5034

Re: Living Trust - Will

I don't think "getting it right the first time" is the right way to think about this--You want to get it right for "now", but ought to revisit it every 3-5, or 10 years--things may change. In my situation, we needed to set up a special needs trust for one of our four kids, and then distribute the r...
by snowox
Wed Jan 03, 2018 6:44 am
Forum: Personal Consumer Issues
Topic: Effects of extreme cold weather
Replies: 107
Views: 10726

Re: Effects of extreme cold weather

Its been brutal in the arctic midwest where i live. And as I get older like I use to hear others say it really sucks. That squealing your hearing is probably just your belt needing to warm up. Doubt a big deal. I too as someone mentioned all of a sudden got a crack in windshield as my vehicle is the...
by snowox
Wed Jan 03, 2018 6:37 am
Forum: Investing - Help with Personal Investments
Topic: Age In Bonds after 65 with 25X, 35X, 50X ??? Your Approach?
Replies: 35
Views: 3346

Re: Age In Bonds after 65 with 25X, 35X, 50X ??? Your Approach?

Were retired. 33x's our predetermined amount to be retired and at a 60/40. Currently 53/49 so as I move closer to 60 I would look at moving closer to 50/50. Depends on a lot of things though.
by snowox
Wed Dec 27, 2017 8:37 am
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $600-650k house?
Replies: 60
Views: 7741

Re: Can I afford a $600-650k house?

No way... Wait and build up some more savings/Investments. Your stretching yourself way to thin.
by snowox
Wed Dec 27, 2017 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Living Trust - Will
Replies: 55
Views: 5034

Re: Living Trust - Will

In your case it might of brought you and your siblings together BUT I would argue in most cases $ divides families more times than not, or at the very least enough to not leave it to them to sort it out. Damn near destroyed my wife's family when her dad passed away and they were a very tight family....
by snowox
Wed Dec 27, 2017 6:34 am
Forum: Personal Finance (Not Investing)
Topic: Should we downsize?
Replies: 42
Views: 3380

Re: Should we downsize?

I think the thing in your opening comments that was said many times in many ways is how much you love the house and for so many reasons. Thats hard to find and I agree with most other posters if you jobs are secure you are fine. If your worried about building wealth then maybe post a total profile a...
by snowox
Mon Dec 25, 2017 11:46 am
Forum: Personal Consumer Issues
Topic: Samsung J3 or J7
Replies: 21
Views: 1674

Re: Samsung J3 or J7

Can i ask why your not considering the J5? I had one that if I didnt switch plans would still worked great and my cost was 5$ a month. The camera sucked but I like all the other aspects of the phone. It seems they don't offer the J5 through ATT anymore. I could buy the unlocked version but it doesn...
by snowox
Mon Dec 25, 2017 6:29 am
Forum: Personal Consumer Issues
Topic: Samsung J3 or J7
Replies: 21
Views: 1674

Re: Samsung J3 or J7

Can i ask why your not considering the J5? I had one that if I didnt switch plans would still worked great and my cost was 5$ a month. The camera sucked but I like all the other aspects of the phone.
by snowox
Mon Dec 25, 2017 6:21 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 483
Views: 43652

Re: What frugal thing did you do today?

To me , any day I we don't spend a cent is a frugal day. Yes we consumed some things that money was already spent on BUT we did not spend any money today.
by snowox
Mon Dec 25, 2017 6:17 am
Forum: Investing - Theory, News & General
Topic: What is or was your target multiplier (_ x annual expenses) for retirement?
Replies: 41
Views: 5654

Re: What is or was your target multiplier (_ x annual expenses) for retirement?

#1: What is (or was for those already retired) your expected multiplier, in regards to annual expenses, for retirement? (assume no pension) Ours is 35x's I am retired for almost 3 years DW took a job back for HC and small income because she wanted to me now 53 her 49 #2: For those already retired.....
by snowox
Sun Dec 24, 2017 5:37 am
Forum: Investing - Theory, News & General
Topic: Early retirement pros and cons:
Replies: 78
Views: 10208

Re: Early retirement pros and cons:

I retired at 50 will be 3 years in April. Its important to have something to retire too. I did not BUT being self-employed almost all of my Adult life I was sick of the grind, employees and the industry I was in was killing me. So i retired more for health reasons and it was the best decision i coul...
by snowox
Fri Dec 22, 2017 6:24 pm
Forum: Personal Consumer Issues
Topic: Downsizing - How much to invest in a house before selling?
Replies: 41
Views: 5292

Re: Downsizing - How much to invest in a house before selling?

Definitely make the 4rth bedroom a bedroom. Look online at comps in your area and see what they look like online as well as what there selling for. For the most part I agree the biggest thing is not updates but making sure things that are not working or cleaned are so. Fresh clean walls and floors. ...
by snowox
Fri Dec 22, 2017 1:14 pm
Forum: Investing - Theory, News & General
Topic: How I got to $1.5MM
Replies: 42
Views: 7809

Re: How I got to $1.5MM

Awesome story you shared! as a person that was a small business owner I understand the roller coaster ride! The way you remember and detailed it out is a great teaching tool! Congrats to you and YOUR WIFE! :sharebeer
by snowox
Fri Dec 22, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Do you include your house in your net worth if you own it outright?
Replies: 89
Views: 7324

Re: Do you include your house in your net worth if you own it outright?

We own our house outright and include in our net worth. To be conservative, I estimate the value at 80 percent of what Zillow says it is. The only other assets I add to our net worth are cash and liquid investments. Clothes, jewelry, cars, etc. are not included. This is what I do strictly on paper ...
by snowox
Thu Dec 21, 2017 4:35 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford it: Dodge Challenger
Replies: 122
Views: 7539

Re: Can I afford it: Dodge Challenger

I'm sure everyone is on the edge of their seats waiting to see what my decision is so I'll let you know: Yesterday I found an older Challenger SRT8 (w/ the 6.1 425 HP) with low miles for $23K so I was going to leave work early today and take it for a spin. After sleeping on it I cooled off on the i...
by snowox
Thu Dec 21, 2017 4:29 pm
Forum: Personal Consumer Issues
Topic: unstoppable TransUnion spam
Replies: 6
Views: 686

Re: unstoppable TransUnion spam

Try unrollme.com
by snowox
Thu Dec 21, 2017 5:31 am
Forum: Investing - Help with Personal Investments
Topic: How many 529 accounts?
Replies: 9
Views: 1094

Re: How many 529 accounts?

A couple reasons why you may want two: 1) If anybody (you, a grandparent, etc) ever wants to contribute >$15K in a year, having multiple accounts may help make things simpler, from a gift tax exemption scenario. 2) Age-based portfolios for each kid. 3) Livesoft's point about what happens if you die...
by snowox
Wed Dec 20, 2017 3:36 pm
Forum: Investing - Theory, News & General
Topic: 2nd million is easier!
Replies: 123
Views: 25404

Re: 2nd million is easier!

For me it looks something like this: Starting in 1993: 8 years $500k - 2001 10 years $1 million - 2004 12 years $2 million - 2006 17 years $5 million - 2010 21 years $10 million - 2014 24 years $15 million - 2017 In the past 12 months I added over $2.3 million to my net worth, approximately half of...
by snowox
Wed Dec 20, 2017 4:59 am
Forum: Personal Finance (Not Investing)
Topic: Best online, real time tracker to watch my portfolio
Replies: 25
Views: 2283

Re: Best online, real time tracker to watch my portfolio

Mint.com Use to like personal capital but they wouldnt stop calling me to try and get me to come on board If that’s your only reason for leaving maybe you could have just changed your phone number on your profile to a fictitious one? Good idea! But thats not the only reason. I find mint to be adequ...
by snowox
Tue Dec 19, 2017 5:38 am
Forum: Personal Finance (Not Investing)
Topic: Best online, real time tracker to watch my portfolio
Replies: 25
Views: 2283

Re: Best online, real time tracker to watch my portfolio

Mint.com

Use to like personal capital but they wouldnt stop calling me to try and get me to come on board
by snowox
Mon Dec 18, 2017 2:35 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on food per month, per person?
Replies: 151
Views: 10578

Re: How much do you spend on food per month, per person?

Were right at 150$ per person including all household items. Dinners out is under entertainment so that wouldn't be included the way we do our budget
by snowox
Mon Dec 18, 2017 6:06 am
Forum: Investing - Theory, News & General
Topic: 2nd million is easier!
Replies: 123
Views: 25404

Re: 2nd million is easier!

Well done! :sharebeer
by snowox
Thu Dec 14, 2017 8:42 pm
Forum: Personal Consumer Issues
Topic: Saved a lot by cell phone 'family plan'
Replies: 21
Views: 2363

Re: Saved a lot by cell phone 'family plan'

I got a great deal with Sprint lately as well. 6 phones all I-8s , unlimited everything and they bought out my US Cellular contract for just about 160$ all in a month and comes with free Hulu. Savings of over 115$ kids in college in different states and so far so good Why didn't you go for their on...
by snowox
Thu Dec 14, 2017 8:40 pm
Forum: Investing - Help with Personal Investments
Topic: I’ve made huge errors and hope it’s not too late
Replies: 35
Views: 5339

Re: I’ve made huge errors and hope it’s not too late

Yes you made some financial mistakes by not participating in the markets BUT you did well otherwise and are way ahead of most people your age so thats the reality. As others mentioned as long as you get going now with your income, lack of debt you could easily retire early if you wanted to. So in yo...
by snowox
Thu Dec 14, 2017 7:36 pm
Forum: Personal Consumer Issues
Topic: Saved a lot by cell phone 'family plan'
Replies: 21
Views: 2363

Re: Saved a lot by cell phone 'family plan'

I got a great deal with Sprint lately as well. 6 phones all I-8s , unlimited everything and they bought out my US Cellular contract for just about 160$ all in a month and comes with free Hulu. Savings of over 115$ kids in college in different states and so far so good Why didn't you go for their on...
by snowox
Thu Dec 14, 2017 7:33 pm
Forum: Personal Consumer Issues
Topic: Need to find a Used/Refurbished Macbook Air
Replies: 24
Views: 1577

Re: Need to find a Used/Refurbished Macbook Air

Thanks for all the sites. Not sure on budget its her money!
by snowox
Thu Dec 14, 2017 5:59 pm
Forum: Personal Consumer Issues
Topic: Need to find a Used/Refurbished Macbook Air
Replies: 24
Views: 1577

Need to find a Used/Refurbished Macbook Air

My duaghter in college has given me a million reasons that I dont understand why she needs/wants an Macbook Air for school. I dont know jack about Apple so I told her to hold off and see about buying a used or refurbished one as I have seen people here talk about buying that way. I am simply looking...
by snowox
Thu Dec 14, 2017 5:48 pm
Forum: Personal Consumer Issues
Topic: Saved a lot by cell phone 'family plan'
Replies: 21
Views: 2363

Re: Saved a lot by cell phone 'family plan'

I got a great deal with Sprint lately as well. 6 phones all I-8s , unlimited everything and they bought out my US Cellular contract for just about 160$ all in a month and comes with free Hulu. Savings of over 115$ kids in college in different states and so far so good
by snowox
Thu Dec 14, 2017 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 92
Views: 12485

Re: 2018 financial goals - what are yours?

For 2018 Take 25% less from my retirement funds and draw down my cash surplus to offset our needs Put my Wife's entire net check into 401k (with the catch up that goes in effect this year), HSA and 529s so in essence having no taxes due at end of year. Challenging myself since Fire'd to earn 100$ a ...
by snowox
Wed Dec 13, 2017 6:00 am
Forum: Personal Finance (Not Investing)
Topic: best cashback credit card ?
Replies: 48
Views: 6698

Re: best cashback credit card ?

This might seem like a dumb question but what does rotating categories mean? seems self explanatory but that would make it a pain in the butt if I am understanding it right. The categories (Restaurants, Wholesale clubs, gas, etc) rotate every month/quarter depending on the card. You can get 5% back...
by snowox
Tue Dec 12, 2017 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: best cashback credit card ?
Replies: 48
Views: 6698

Re: best cashback credit card ?

This might seem like a dumb question but what does rotating categories mean? seems self explanatory but that would make it a pain in the butt if I am understanding it right. The categories (Restaurants, Wholesale clubs, gas, etc) rotate every month/quarter depending on the card. You can get 5% back...
by snowox
Tue Dec 12, 2017 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: best cashback credit card ?
Replies: 48
Views: 6698

Re: best cashback credit card ?

Amex Blue Cash Preferred- 6% Groceries Sam's Club MasterCard - 5% Gas, 3% Dining, 3% Travel Discover It - 5% rotating categories Chase Freedom - 5% rotating categories Amazon Prime Visa Signature - 5% Amazon purchases Citi Double Cash - 2% everywhere else (utilities/bills/etc. and non-higher catego...
by snowox
Tue Dec 12, 2017 6:00 am
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 147
Views: 7957

Re: Snow Tires? Worth it?

Absolutely! there worth it. A little hassle for being much safer kinda worth it imo
by snowox
Tue Dec 12, 2017 5:57 am
Forum: Personal Finance (Not Investing)
Topic: best cashback credit card ?
Replies: 48
Views: 6698

Re: best cashback credit card ?

We use American Express Blue Cash Preferred for Groceries (6% back) and Gasoline (3% back). Discover for the occasional 5% categories. Chase Sapphire Reserved for dining out & travel related expenses (3x miles) USAA for everything else (2.5%). My wife gets a little annoyed at all this fumbling arou...