Search found 69 matches

by ad2007
Wed Mar 20, 2019 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Buy or lease new car
Replies: 10
Views: 891

Re: Buy or lease new car

Thanks for the replies all. I’ve noticed quite a few deals where you can lease a car for x but you need to pay x down at signing. I would prefer to pay 0 down at signing. Is this something they will work with me on? If you are asking this question, you really need to read up on leases. As mentioned...
by ad2007
Wed Mar 20, 2019 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Buy or lease new car
Replies: 10
Views: 891

Re: Buy or lease new car

Leasing will in most cases end up costing you more. Most new cars don't require that much maintenance ($$) during the initial factory warranty so I'm not sure how you'll save money. Unless you're talking about luxury cars, and even then a new car's not going cost that much for maintenance. I've had ...
by ad2007
Wed Mar 20, 2019 5:52 am
Forum: Investing - Theory, News & General
Topic: Beyond the 4% Rule: How Much Can You Spend in Retirement?
Replies: 47
Views: 3650

Re: Beyond the 4% Rule: How Much Can You Spend in Retirement?

Our year end portfolio has been increasing every year. Now I know some people will think this is horribly dangerous, but in addition to enjoying life, I bought an asbestos suit with the extra withdrawals and am prepared... My father says that quite often; that his portfolio is higher now than when ...
by ad2007
Wed Mar 13, 2019 9:29 am
Forum: Personal Consumer Issues
Topic: What time do you start your day?
Replies: 69
Views: 2834

Re: What time do you start your day?

Looks like we've got early risers here.

Even more interesting if we get how many hours of sleep info also. I suspect we'll see less than the conventional recommended 8 hours of sleep.

Up: 4:30PM Work: 8:30AM. Sleep: 11PM.
by ad2007
Wed Feb 27, 2019 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Why Working as a Senior Male is Wise...
Replies: 104
Views: 11610

Re: Why Working as a Senior Male is Wise...

beyou wrote:
Sun Feb 24, 2019 9:27 pm
In my experience most people HAVE to keep working, and those making big $ WANT to keep working.
Very true
by ad2007
Tue Feb 26, 2019 10:13 am
Forum: Personal Consumer Issues
Topic: Suggestion on high ceiling condo heat issues
Replies: 34
Views: 1955

Re: Suggestion on high ceiling condo heat issues

What's the temperature difference. Also measure the humidity. You can buy one of those things for 10 bucks and know for sure.

We have the opposite problem living in Florida and had the humidity controlled to feel more comfortable in the summers.
by ad2007
Tue Feb 26, 2019 9:28 am
Forum: Personal Consumer Issues
Topic: $5000 water bill-Help!
Replies: 68
Views: 6400

Re: $5000 water bill-Help!

Friends had underground leaks leading into the house after the outdoor meter. It doesn't have to be a toilet. Agreed. A toilet leaking at 1 gal per minute is going to be very noticeable to the home owner. Otherwise, when water lines fail, they normally fail catastrophically. Check around the house ...
by ad2007
Fri Jan 11, 2019 6:56 pm
Forum: Investing - Theory, News & General
Topic: Around 43K in dividends last year - feel good about it ?
Replies: 174
Views: 16459

Re: Around 43K in dividends last year - feel good about it ?

I bet those folks who do not detest dividend income aren't paying a painful amount in taxes (think highest tax brackets well into the six figures). Brk.b is an option but not diversified enough for me. A basket full of stocks that pay no to low div is a handful to manage and not diversified enough f...
by ad2007
Sun Nov 18, 2018 6:38 am
Forum: Personal Consumer Issues
Topic: Too many choices for my next TRUCK
Replies: 99
Views: 7660

Re: Too many choices for my next TRUCK

Got the truck. It ended up being a new 2019 F250 6.2L FX4, OTD $43K. Thank you for all the advice. The smaller Taco, Ridgeline would not have worked. The 1/2 ton 2WD (any brand) would have done it. But... Toyota was hard to shop for because new ones with the 5.7L and the larger gas tank was rare, fo...
by ad2007
Thu Nov 08, 2018 6:53 pm
Forum: Personal Consumer Issues
Topic: Too many choices for my next TRUCK
Replies: 99
Views: 7660

Re: Too many choices for my next TRUCK

The current Tundra is ancient --twelve years old to be exact. It also gets atrocious gas mileage. Toyota or not, I'd cross it off my list. The F150 was all-new a couple of years ago and is a great truck, the F250 all-new last year. Also look at the 2018 Ram. Still one of the best in class (and the ...
by ad2007
Thu Nov 08, 2018 3:40 pm
Forum: Personal Consumer Issues
Topic: Too many choices for my next TRUCK
Replies: 99
Views: 7660

Too many choices for my next TRUCK

Ok, so I thought I was done shopping for pick up truck. I narrowed it down to either a 2018 Nissan Titan (SV) or a 2019 Toyota Tundra (SR 5.7L). They were priced in the $30K range. I was going to decide this month and pick one up. Done! But then I saw that the 2018 Ford F150 (2.7/3.5L Ecoboost) and ...
by ad2007
Thu Oct 25, 2018 3:15 am
Forum: Personal Consumer Issues
Topic: New retirees: so whatdayathink ?
Replies: 119
Views: 20055

Re: New retirees: so whatdayathink ?

barry2ipa asked, Question: Maybe i am being paranoid - but i wanted a somewhat rigorous plan for the 1st year of retirement. My wife wants to just take 6 months to relax and then figure out things. My worry is that i dont want us to get into a habit of not making the most of each day. This may be a...
by ad2007
Sat Sep 15, 2018 5:31 am
Forum: Personal Finance (Not Investing)
Topic: Job burnout - Keep grinding or change?
Replies: 65
Views: 7802

Re: Job burnout - Keep grinding or change?

Try this for fun - Normal life expectancy(85 yrs) = 85 × 365 × 24 = 744600 hours Normal working hours(35 yrs) = 35 × 2000 = 70000 hours So one hardly spends 9.4% of his life working. Now compare how much time one thinks and loathes work. I am pretty sure it is more than 9.4%. Point being, one can b...
by ad2007
Sun Aug 26, 2018 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance - again
Replies: 49
Views: 4486

Re: Umbrella insurance - again

tumbleweedsusan wrote:
Thu Aug 23, 2018 11:16 pm

I was sued for $10 million once.
Wow...

What happened? Sorry if it's too personal.

I carry $5M, never been sued.
by ad2007
Sat Jul 07, 2018 5:35 am
Forum: Personal Finance (Not Investing)
Topic: How to "retire" in your 30's article
Replies: 110
Views: 15580

Re: How to "retire" in your 30's article

The article lacks any details for an article titled "How to retire in your 30s", and is poorly written. Agreed. And all the "retire in your 30's and 40's" articles I've read have been... potentially harmful. It's like planning a trip into the wilderness and not packing enough provisions because may...
by ad2007
Wed Jun 06, 2018 8:52 am
Forum: Personal Investments
Topic: Should I put some money aside in money market for market correction
Replies: 94
Views: 8248

Re: Should I put some money aside in money market for market correction

But to say market timing is impossible is just ridiculous. Being a pro basketball player is not impossible. It's impossible for me. I think it's dangerous to talk about market timing without a disclaimer. Something to the effect of: you'll likely fail, it's practically impossible in the long run.
by ad2007
Wed Jun 06, 2018 8:48 am
Forum: Personal Investments
Topic: Should I put some money aside in money market for market correction
Replies: 94
Views: 8248

Re: Should I put some money aside in money market for market correction

Should I put some money aside in money market for market correction? Depends... How much (% of total portfolio) are we talking about? If you're going 100% cash right now waiting for a correction, you're have no business being here. No Boglehead is going to advocate that. But if it makes you feel bet...
by ad2007
Fri Jun 01, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 9458

Re: is Having more and needing less normal?

60 is not old to start with. ...............You don't need some gizmo to give you a sense of self worth. Or you are just tired of trying to figure out how they work. Flip Phones Forever!!! Going back to the rotary phones, on the wall, in the kitchen (I wish) - getting tired of my butt ring whenever...
by ad2007
Wed May 30, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: Buy on Really Bad Days, Sell on Really Good Days?
Replies: 220
Views: 19633

Re: Buy on Really Bad Days, Sell on Really Good Days?

annual income currently over $1.2M With high income, wouldn't it make more sense to focus on your tax bill? Selling on RGDs doesn't make much sense with tax rates of 23.8%(long) and 39.6%(short) on the gains. Even taxes on qualified dividends at 23.8% is quite painful for buying and holding index f...
by ad2007
Wed May 23, 2018 5:26 am
Forum: Personal Investments
Topic: How do you stop moving the goal posts.
Replies: 62
Views: 5668

Re: How do you stop moving the goal posts.

Continuing to work longer will not increase your sense of security. You've hit the financial goal you specified above. Hate to disagree, but I continue to work simply because I feel more secured having a job (keeping my business) and having that income stream. SAFE withdraw rates of 4%, 3%, 2%, 1% ...
by ad2007
Wed May 23, 2018 5:21 am
Forum: Personal Investments
Topic: How do you stop moving the goal posts.
Replies: 62
Views: 5668

Re: How do you stop moving the goal posts.

Personally, I don't see myself as having given any freedom these past 4 years, to the contrary I went back to work after a nearly one year hiatus mostly because I was bored and directionless. If my balances were 30% less than 4 years ago I would be even more thrilled at my decision to keep working ...
by ad2007
Tue May 22, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 140
Views: 10241

Re: Is there a boglehead muscle car?

As a 79+ year older .....My sore back prevents me from another Corvette... A BH to the end. This was a fun thread for me to read. Dom drdrgolf Few years back, an older gentleman was going to trade his C6 Corvette 427 for my Lotus Exige. The guy could not get in the Exige no matter how hard he tried...
by ad2007
Fri May 18, 2018 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 600
Views: 46569

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

$6 - $13M sounds good - and now I see the calculations too. Whew, thank you so much, thought I was screwing something up. I'll be heading back to the salt mine and keep adding to 401K a bit more.

I'll stop hijacking this thread now.

Thank you.

ad
by ad2007
Fri May 18, 2018 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 600
Views: 46569

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Klangfool, (or anyone else who understands this) Can you please go over again why it makes sense to direct money into Roth 401K once the tax deferred account reaches $1M? Or some magic number? How do figure that number? Oh, and I've not gotten to the "OMG, I get it". Actually getting more confused....
by ad2007
Fri May 18, 2018 9:25 pm
Forum: Personal Finance (Not Investing)
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 600
Views: 46569

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Klangfool, (or anyone else who understands this) Can you please go over again why it makes sense to direct money into Roth 401K once the tax deferred account reaches $1M? Or some magic number? How do figure that number? Oh, and I've not gotten to the "OMG, I get it". Actually getting more confused. ...
by ad2007
Fri May 18, 2018 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 600
Views: 46569

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

Roth or Roth type accounts win out regardless of your current tax rate vs. whatever future rate you May I ask what is/was your marginal tax rate during your accumulation period? If you are at the highest tax rate now/while accumulating, aren't you simply betting on higher future tax rates? From wha...
by ad2007
Thu May 17, 2018 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Why do so many people quote "You will likely be in a lower tax bracket in retirement"
Replies: 600
Views: 46569

Re: Why do so many people quote "You will likely be in a lower tax bracket in retirement"

livesoft wrote:
Wed May 16, 2018 8:10 pm
Another thing that people neglect is that standard deduction and tax brackets are indexed to COLA, so when they have portfolios of $10 million, the standard deduction will be $500,000 or so.
Can you please explain...
by ad2007
Wed May 16, 2018 8:25 am
Forum: Personal Investments
Topic: Tax Harvesting
Replies: 5
Views: 904

Re: Tax Harvesting

Thank you all.

Looks like I'll be locking in some losses today.
by ad2007
Wed May 16, 2018 8:13 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 117176

Re: To take or not to take delivery of Tesla 3

Tesla has auto pilot and auto braking trouble IMO. See below. Another model S was involved in a bad car wreck in Utah and there is no indication that the brakes were ever applied. Something is certainly fishy. https://www.usatoday.com/story/news/nation/2018/05/12/tesla-autopilot-slams-into-truck-st...
by ad2007
Tue May 15, 2018 10:55 am
Forum: Personal Investments
Topic: Tax Harvesting
Replies: 5
Views: 904

Tax Harvesting

Would these two funds be considered substantially identical?

VWIUX (intermediate term tax exempt bond fund)
VMLTX (limited term tax exempt bond fund)

if so, which Vanguard tax exempt bond fund should I consider for tax harvesting purposes once I sell VWIUX?

Thank you.
by ad2007
Mon May 14, 2018 8:52 am
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 140
Views: 10241

Re: Is there a boglehead muscle car?

Oh, NASCAR runs the Camry.

I often see the Camry recommended, so that's it, That must be the Boglehead Muscle Car
by ad2007
Mon May 14, 2018 8:51 am
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 140
Views: 10241

Re: Is there a boglehead muscle car?

... more fuel efficient v6 Come on now, that's the antithesis of a muscle car. To qualify your ride as a muscle car, you have to buy a reliable modern day 2 door coupe with a V8 from GM, Ford or Dodge. Upon delivery, start doing completely idiotic mods: like changing out the camshaft, ECU tune, add...
by ad2007
Fri May 11, 2018 11:10 am
Forum: Personal Investments
Topic: Living off Dividends of Vanguard Total Stock
Replies: 49
Views: 7676

Re: Living off Dividends of Vanguard Total Stock

Sounds like the OP has enough invested to live off roughly 2%. As far as how safe this strategy is, doesn't it all depend on how flexible the OP has on that 2%? If the OP can cut his annual expenses in a pinch (or get a decent paying gig - depending on OP's skill set), I don't see why he has to take...
by ad2007
Wed May 09, 2018 12:28 pm
Forum: Personal Consumer Issues
Topic: Custom suit needed for a wedding. Help me shop around!!
Replies: 30
Views: 2630

Re: Custom suit needed for a wedding. Help me shop around!!

I got mine made here: https://www.tripadvisor.com/Attraction_Review-g298082-d1878338-Reviews-Kimmy_Custom_Tailor-Hoi_An_Quang_Nam_Province.html If you have time and have always had the desire to visit Vietnam, here is your chance. You will wind up with a great suit for a lot less than you would pay...
by ad2007
Wed May 09, 2018 10:51 am
Forum: Personal Consumer Issues
Topic: Build a retaining wall ?
Replies: 19
Views: 1849

Re: Build a retaining wall ?

I'm looking to build a retaining wall at the corner of our house. It has a pretty good slope to it and the rain gutter empties there. I've looked at some youtube videos but honestly man of them appear to use special equipment etc. Any of you have any links or sources on how to just build a simple r...
by ad2007
Wed May 09, 2018 8:35 am
Forum: Personal Finance (Not Investing)
Topic: How to handle problem employee
Replies: 84
Views: 6572

Re: How to handle problem employee

I'm a relatively new manager, just 6 months into the job. I inherited an employee and I think I'm seeing that we have a personality conflict. She has a fair amount of experience at other companies, but is pretty new to our company. I think you may not appreciate her experience, especially if proces...
by ad2007
Wed May 09, 2018 8:06 am
Forum: Personal Finance (Not Investing)
Topic: How to handle problem employee
Replies: 84
Views: 6572

Re: How to handle problem employee

Who is your mentor at your current employer? I have both my manager and VP that I've talked to this about. They both see it as well, but said last time to let it play out a bit. I'll have to revisit this with them. Or take care of it yourself. I would not want my boss/mentor to think I can't handle...
by ad2007
Mon May 07, 2018 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: What career for smartest kid in the class?
Replies: 132
Views: 9955

Re: What career for smartest kid in the class?

Good grades (smartest kid in class), IQ (straight up smart/intelligent) and success don't correlate. Do they? They correlate, but the correlation is not 100%. Once you get to some threshold, you are smart enough to have good grades, if that interests you, or to make piles of money, if that interest...
by ad2007
Mon May 07, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: What career for smartest kid in the class?
Replies: 132
Views: 9955

Re: What career for smartest kid in the class?

Cruise wrote:
Mon May 07, 2018 1:22 pm
Still, IQ is one of the best predictors of professional success there is (but the correlation values are pretty low).
Question from the back of the room here.

What does that mean? Best predictor vs correlation?
by ad2007
Mon May 07, 2018 9:47 am
Forum: Personal Finance (Not Investing)
Topic: What career for smartest kid in the class?
Replies: 132
Views: 9955

Re: What career for smartest kid in the class?

Good grades (smartest kid in class), IQ (straight up smart/intelligent) and success don't correlate.
Do they?
by ad2007
Mon May 07, 2018 7:39 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 117176

Re: To take or not to take delivery of Tesla 3

At least for me the charging mostly occurs in my garage over night. Each morning I have a full battery. Is that advisable? Topping off the charge daily? Thought that was a no no for batteries. I'm really interested in getting an ev but can't seem to get past the "what if I run out of charge?" Waiti...
by ad2007
Thu May 03, 2018 8:15 am
Forum: Personal Finance (Not Investing)
Topic: When to buy a new car (need to find a Boglehead way)
Replies: 34
Views: 3470

Re: When to buy a new car (need to find a Boglehead way)

sitout wrote:
Mon Apr 30, 2018 10:55 am
One has a finite number of different vehicles to enjoy and experience in a lifetime.
Carnut with a bucket list?
by ad2007
Tue Apr 24, 2018 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: How long have you been unemployed?
Replies: 60
Views: 6810

Re: How long have you been unemployed?

tennisplyr wrote:
Sun Apr 22, 2018 8:37 am
Retired now for 7 years. Keep fighting, do something every day to advance the cause.
What do you mean by this statement?
by ad2007
Mon Apr 16, 2018 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 158
Views: 20130

Re: Can I retire at age 40?

What's your plan for insurance: health, dental, life? Does the $120K include? What's your budget for those items?
by ad2007
Fri Apr 13, 2018 7:40 am
Forum: Personal Investments
Topic: Why am I even holding BND? It has only been losing me money.
Replies: 65
Views: 11967

Re: Why am I even holding BND? It has only been losing me money.

OP, How did you arrive at your 60/30/10 allocation? And do you think that the 60/30 will always go up? I've been through a few bear markets and am glad that I have a healthy portion in bonds for the next downturn. BTW 10% won't make huge impact either way. Go 100% stocks. I've never owned bonds unti...
by ad2007
Wed Apr 11, 2018 5:07 am
Forum: Personal Finance (Not Investing)
Topic: irs filing rental property mistake?- less than fair market "rent" to family
Replies: 8
Views: 1400

Re: irs filing rental property mistake?- less than fair market "rent" to family

curlydave, How do you calculate/factor the lower rental rate if you know the tenant is/will be stable long term? Percentage wise? We've kept a few of our rentals 10-30% below "full market" for the same reasons you mentioned, but am in the process of having an accountant evaluate this. OP, My vague u...
by ad2007
Tue Apr 10, 2018 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Prepay Capital Gains Tax from Home Sale?
Replies: 3
Views: 530

Re: Prepay Capital Gains Tax from Home Sale?

Sold a rental condo in 2017, sent in a tax prepayment just to be sure.
by ad2007
Mon Apr 09, 2018 6:08 am
Forum: Personal Consumer Issues
Topic: New Lexus LS or Tesla Model S
Replies: 63
Views: 5902

Re: New Lexus LS or Tesla Model S

would avoid the tesla based on a family member's poor experience. But they are very different types of cars. Would get a 1-2 year old panamera CPO for sporty, or a preowned S Class 1 year old for luxury. Look at a 2017 Bmw 7 also. Lexus is nice for modern reliable sedan also. Ultimately, you cant g...
by ad2007
Thu Apr 05, 2018 7:58 am
Forum: Personal Investments
Topic: How do Bogleheads Take Advantage of Dips When Fully Invested?
Replies: 55
Views: 8193

Re: How do Bogleheads Take Advantage of Dips When Fully Invested?

OP, when you see the market drop a few %, you would like to "do something". Isn't that market timing?

Regarding rebalancing. If you think it increases your portfolio returns, wouldn't that also be market timing.

But I think we can all agree that market timing is tough for most folks.
by ad2007
Wed Apr 04, 2018 1:46 pm
Forum: Personal Consumer Issues
Topic: Want/need some income in semi-retirement
Replies: 90
Views: 7898

Re: Want/need some income in semi-retirement

I knew a retiree who got a job at Home Depot. Might be fun walking around the store helping people with their projects. Agree. I spend a lot of time at Home Depot, and got to know the gentleman that works in the hardware department. Brilliant retired engineer. He promised to let me know when he dec...