Search found 174 matches

by aerosurfer
Fri Jan 24, 2020 6:08 am
Forum: Investing - Theory, News & General
Topic: 1/8pt difference on mortgage
Replies: 8
Views: 770

Re: 1/8pt difference on mortgage

BFR wrote:
Thu Jan 23, 2020 11:48 pm


2.375% 7/1 ARM
Yes please, who is this lender
by aerosurfer
Sun Jan 19, 2020 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: Should I use Turbo Tax?
Replies: 20
Views: 1527

Re: Should I use Turbo Tax?

I had been using TT the past decade or so. I would usually run H&R in parallel and file with whoever was more advantageous. Also if there was a huge difference I could usually find an error. Last year I filed through Credit Karma, totally free. Simpler software, but covered everything i could find t...
by aerosurfer
Wed Jan 15, 2020 11:30 am
Forum: Investing - Theory, News & General
Topic: Should I keep any cash in my Roth?
Replies: 19
Views: 1563

Re: Should I keep any cash in my Roth?

Sounds like market-timing to keep cash on the sidelines in a Roth. It may be, but how do you purchase more if the market goes way down? I've heard of people keeping cash in their Roth's for that reason. Outside of a Roth in my taxable it's no problem cause I can add more cash to buy more securities...
by aerosurfer
Tue Jan 14, 2020 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Daycare Provider Wants to Charge $20/week for Receipt
Replies: 145
Views: 9114

Re: Daycare Provider Wants to Charge $20/week for Receipt

Is it a home daycare by someone not claiming the income. You may be hosed on 2020 FSA dependent care costs. Otherwise balance the cost of whatever deal they are giving you over a more expensive regular place. For us using infrequently as a drop in daycare at our lady, it's worth the daily price over...
by aerosurfer
Tue Jan 14, 2020 2:02 pm
Forum: Personal Investments
Topic: 25x-50x living expenses?
Replies: 104
Views: 9665

Re: 25x-50x living expenses?

How does one retire a $44k truck loan in 3 years at $200/wk? Did you mean 5 years? More to the point why does someone with $1.8m in assets, 45k in income, and almost zero expenses need a truck loan? The OP has STILL (after two days) not posted anticipated yearly expenses, expected SS, or any sort o...
by aerosurfer
Tue Jan 14, 2020 1:30 pm
Forum: Personal Investments
Topic: Help - Negative Gold and Silver Portfolio
Replies: 20
Views: 1040

Re: Help - Negative Gold and Silver Portfolio

Thank you all for your replies! I am backing up on buying anything else like stocks right now and just hold gold silver until I am at least in green and sell it! I am looking into a good long term index fund. A while back when I was trying to plan I was going to put in Vanguard total market but I d...
by aerosurfer
Tue Jan 14, 2020 9:59 am
Forum: Personal Investments
Topic: 25x-50x living expenses?
Replies: 104
Views: 9665

Re: 25x-50x living expenses?

Still seems like you more overly complicating things, as well as not strategizing your tax planning. If your expenses are that low and you already have 7 figures you can do whatever you want at retirement age. It supports it. Why are you paying into a Roth 401k instead of traditional? You are locki...
by aerosurfer
Mon Jan 13, 2020 12:03 pm
Forum: Personal Investments
Topic: 25x-50x living expenses?
Replies: 104
Views: 9665

Re: 25x-50x living expenses?

I am confused. If your expenses are 1k and wife’s income is 45k, does she save 33k? How much do you save/invest? I am 45. I put in 15% traditional and 5% Roth per week. Max out Roth IRA . House paid for. Only debt is 44k for truck. I pay 200 per week on until paid. Monthly expenses are 1k. Wife is ...
by aerosurfer
Wed Jan 08, 2020 9:02 am
Forum: Personal Investments
Topic: Please review my retirement plan, thank you!
Replies: 12
Views: 1345

Re: Please review my retirement plan, thank you!

Thank you all! I've made the recommended allocations by tenkuky. As for the debt, why is it a priority to get rid of it? Wouldn't investments on average return more than 3.5%? It's a $1000, unless you are going to take some real risk it's simply not enough to move the needle either way. Just get ri...
by aerosurfer
Wed Jan 08, 2020 8:57 am
Forum: Personal Investments
Topic: Does anyone own FSDAX Defense fund?
Replies: 34
Views: 1501

Re: Does anyone own FSDAX Defense fund?

In essence you have started day trading funds instead of stocks... that's even worse as there is no chance to capture the moving price. You are playing Checkers with your money, while the rest of us are playing Chess, and recommending how you should so the same. The S&P returned 31% last year.. 3500...
by aerosurfer
Wed Jan 08, 2020 8:26 am
Forum: Personal Investments
Topic: Does anyone own FSDAX Defense fund?
Replies: 34
Views: 1501

Re: Does anyone own FSDAX Defense fund?

I was asking really if anyone had this fund. Not to be made fun of. The fund has had good returns, sure. So have the benchmark indexes. Is the spread worth it? It has a high expense ratio than index funds you have been recommended to utilize. Many of the holdings are also in the S&P funds If it und...
by aerosurfer
Tue Jan 07, 2020 7:53 pm
Forum: Personal Consumer Issues
Topic: Irrational Fear of Injury in Small Car?
Replies: 124
Views: 6706

Re: Irrational Fear of Injury in Small Car?

This is an entertaining thread... Much of this I liken to people’s fear of shark bites. Statistically the Florida Atlantic coast is the most likely place to get bitten by a shark. However when you consider there are a few dozen bites around the world in a given year and a third or less happen in Flo...
by aerosurfer
Tue Jan 07, 2020 9:15 am
Forum: Personal Finance (Not Investing)
Topic: Using 401k funds to pay off debt?
Replies: 33
Views: 1900

Re: Using 401k funds to pay off debt?

I would absolutely not cash in the 401k. With your income, paying down the debt should be completely doable. You need a monthly budget and need to stick to it. Perhaps you can post your monthly income and expenses here for review? Seriously, Put the expenses in writing, even without our help I bet ...
by aerosurfer
Mon Jan 06, 2020 2:21 pm
Forum: Investing - Theory, News & General
Topic: Does pulling money out because of fear make the market go down?
Replies: 79
Views: 5597

Re: Does pulling money out because of fear make the market go down?

The market goes up and down due to animal spirits. $71k invested? I hate to be blunt, but there are people on this board who gain or lose that much money on a single trading day. Good problem to have, I know, but it puts into perspective how you want to protect your nest egg. The best thing you can...
by aerosurfer
Sun Jan 05, 2020 11:11 am
Forum: Personal Investments
Topic: Debt payoff
Replies: 102
Views: 6085

Re: Debt payoff

When is the wedding? Your combined income shifts the equation. Are you planning on paying them off as a family or only using her income? I agree not paying yet until married, but you can always start a separate taxable or CD fund of your money now you intend to use to help with those debts. Can you ...
by aerosurfer
Mon Dec 30, 2019 3:54 pm
Forum: Personal Consumer Issues
Topic: Good Mattress for tall guy?
Replies: 5
Views: 588

Re: Good Mattress for tall guy?

We have a Tuft and Needle brand mattress. By far the most comfortable thing we have slept on. Online or now sold at Lowe’s as well as some retail stores around, easy return policy, a King is only $750. Not sure if they have longer sizes
by aerosurfer
Mon Dec 30, 2019 2:49 pm
Forum: Personal Investments
Topic: Ok so I think I have a plan after a month of learning investing
Replies: 134
Views: 6075

Re: Ok so I think I have a plan after a month of learning investing

What happens to the house is one or both parents passes or needs nursing care? There is a mortgage, will you take that over or sell?
by aerosurfer
Mon Dec 30, 2019 12:23 pm
Forum: Personal Consumer Issues
Topic: Fort Lauderdale Airport Logistics
Replies: 10
Views: 669

Re: Fort Lauderdale Airport Logistics

The FLL Rental car shuttles run continuously and the facility is on the east end of the garage structures between the terminals. It’s quick if you are renting from a company on property. Terminal 4 is walkable, but it’s not going to be faster than the bus, just by logistics of the airport. Spirit pr...
by aerosurfer
Mon Dec 30, 2019 12:10 pm
Forum: Personal Investments
Topic: Ok so I think I have a plan after a month of learning investing
Replies: 134
Views: 6075

Re: Ok so I think I have a plan after a month of learning investing

If you put in 6k later this week, do you consider yourself done for the year? You finally stated you have access to a 401k at work, excellent. Figure out the optimal funds, and if there is any matching. I would make that your bond source. Look up the term “glidepath” it can go up or down in definiti...
by aerosurfer
Mon Dec 30, 2019 11:48 am
Forum: Personal Investments
Topic: Ok so I think I have a plan after a month of learning investing
Replies: 134
Views: 6075

Re: Ok so I think I have a plan after a month of learning investing

With only $24k invested so far across my taxable and Roth, what percentage do you think should be in bond fund? Right now I'm 100% equity. NONE OF IT! don’t you have like another 50k in cash sitting on the sidelines in a bank too? What’s your total picture? It doesn’t matter how you want to slice i...
by aerosurfer
Thu Dec 26, 2019 11:58 pm
Forum: Personal Finance (Not Investing)
Topic: Help me breakdown a mortgage refi comparison numbers
Replies: 4
Views: 233

Re: Help me breakdown a mortgage refi comparison numbers

Gotcha.... I see what you did there. Thank you
by aerosurfer
Thu Dec 26, 2019 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Help me breakdown a mortgage refi comparison numbers
Replies: 4
Views: 233

Re: Help me breakdown a mortgage refi comparison numbers

If you intend to stay in the house 5-7 years, the refinancing options are not that attractive as the payback periods are ~ 54 - 65 months. Assumptions: - $189,000 = Loan Amount (closing costs paid in cash) - 15 years = Loan Term 1. Current @ 3.375%; monthly payment = $1,340 2. Refi #1 @ 3%; monthly...
by aerosurfer
Thu Dec 26, 2019 11:32 pm
Forum: Personal Investments
Topic: Ok so I think I have a plan after a month of learning investing
Replies: 134
Views: 6075

Re: When can I transfer $6k to ROTH for 2020?

I think I'm gonna put in $500 a month, until the big 30% crash and then I'll buy up a bunch of shares at reduced price! Actually, even if I did put in a lump $6k in January, over the year that's not going to generate that much interest really. Wouldn't it be better to see if the market does crash o...
by aerosurfer
Thu Dec 26, 2019 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Help me breakdown a mortgage refi comparison numbers
Replies: 4
Views: 233

Help me breakdown a mortgage refi comparison numbers

Trying to figure out the cost and effort on a potential refi right now. I have run calculators and can see overall interest savings over the life of the loan, but really trying to see if an actual refi is better than just adding to payments, or not change a thing at all. I see some threads with some...
by aerosurfer
Thu Dec 26, 2019 1:00 pm
Forum: Personal Investments
Topic: Cash flow problem
Replies: 7
Views: 592

Re: Cash flow problem

Why not use a mortgage? At least to acquire the properties. If your cash flow isn’t what you want then spread out the IRA withdrawals over years, not one or two.
by aerosurfer
Wed Dec 25, 2019 8:27 pm
Forum: Personal Investments
Topic: Heads Up - Rebalance
Replies: 22
Views: 2396

Re: Heads Up - Rebalance

Just a reminder to rebalance back to target if your stock allocation is over target by 5%. I'm only saying this because a significant downfall will occur between now and end of March of 2020. Other than rebalancing, stay the course. No, don't ask how I know. :happy Have a great Christmas. Paul If i...
by aerosurfer
Tue Dec 24, 2019 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: Locking in natural gas price--good idea?
Replies: 9
Views: 863

Re: Locking in natural gas price--good idea?

We used to do this... i could never figure out the catch 22... it saved us descent money over the years
by aerosurfer
Mon Dec 23, 2019 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Having $200k in cash. Should I buy 2 houses for my kids? OR VTSAX
Replies: 60
Views: 5985

Re: Having $200k in cash. Should I buy 2 houses for my kids? OR VTSAX

Hey guys I have 2 kids and $200k in cash. I want them to be mortgage free when they turn 30, they are now 4 years old. Should I buy 2 townhouses and rent it out. Let the tenant pay the mortgage for 30 years. And for the townhouses, because my children MAYBE live in there so it will be nicer than re...
by aerosurfer
Mon Dec 23, 2019 5:10 am
Forum: Personal Finance (Not Investing)
Topic: Having $200k in cash. Should I buy 2 houses for my kids? OR VTSAX
Replies: 60
Views: 5985

Re: Having $200k in cash. Should I buy 2 houses for my kids? OR VTSAX

Hey guys I have 2 kids and $200k in cash. I want them to be mortgage free when they turn 30, they are now 4 years old. Should I buy 2 townhouses and rent it out. Let the tenant pay the mortgage for 30 years. And for the townhouses, because my children MAYBE live in there so it will be nicer than re...
by aerosurfer
Sat Dec 21, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Changes to 401(k) and IRAs, SECURE Act - It's signed
Replies: 292
Views: 22592

Re: Changes to 401(k) and IRAs, SECURE Act - It's signed

Are New RMD life expectancy charts available? Does RMD @ 72 change the formula for withdrawals? How will it change for those Taking them now?
by aerosurfer
Fri Dec 20, 2019 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Introduced to Bogleheads today coming from the Dave Ramsey world and looking for general input on my current situation
Replies: 101
Views: 9855

Re: Introduced to Bogleheads today coming from the Dave Ramsey world and looking for general input on my current situati

Trust the math... it doesn’t lie, nor care what anyone thinks. It is a legitimate hurdle, but as you strip some layers of emotion out of financial decisions you will see how true the math of compounding, as well as leveraging debt, even free debt, can work in your favor. Not only can a 2% credit car...
by aerosurfer
Thu Dec 19, 2019 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Introduced to Bogleheads today coming from the Dave Ramsey world and looking for general input on my current situation
Replies: 101
Views: 9855

Re: Introduced to Bogleheads today coming from the Dave Ramsey world and looking for general input on my current situati

Dave's debt advice is solid. But remember he is speaking broadly to the lowest, poorest, money miss-manager. Are you in that crowd? Sounds like your eyes are opening beyond that. Like others have said, improve your earning potential. Which sounds like you are on track to do. Next, analyze and utiliz...
by aerosurfer
Thu Dec 19, 2019 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Changes to 401(k) and IRAs, SECURE Act - It's signed
Replies: 292
Views: 22592

Can we talk about SECURE act yet? Thoughts.. strategies etc

[Thread merged into here, see below. --admin LadyGeek] Apologies if I need to wait for presidential signature in this... https://finance.yahoo.com/news/congress-just-passed-biggest-retirement-200413052.html But this certainly changes a lot going forward, some good, some not so good. RMDs @ 72... Fa...
by aerosurfer
Tue Dec 17, 2019 2:37 pm
Forum: Personal Investments
Topic: How much in 529 is enough to fund college?
Replies: 114
Views: 10322

Re: How much in 529 is enough to fund college?

I don't think you fully understand the tax-free feature of 529 account. Maybe be open your mind and think it through some more? 1) When you cash flow your kids' college expense and withdraw from 529 at the same time, you esssentially "harvest capital gain" tax free. Let's say the college expense fo...
by aerosurfer
Tue Dec 10, 2019 10:16 am
Forum: Personal Investments
Topic: Have some big bills coming -- should I open a 0% APR balance transfer card and fund my retirement accounts instead?
Replies: 9
Views: 583

Re: Have some big bills coming -- should I open a 0% APR balance transfer card and fund my retirement accounts instead?

I would just stretch out the medical bills, make payments via the card through the year (or longer). Save your cash for investing.
by aerosurfer
Sat Dec 07, 2019 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Airline Employees: How do you value non-rev travel as part of compensation?
Replies: 13
Views: 1171

Re: Airline Employees: How do you value non-rev travel as part of compensation?

See this post from May 2019. https://www.bogleheads.org/forum/viewtopic.php?f=2&t=282320 I posted in this thread as well. Non-rev travel has been great and significant part of our life for over 15 years, worldwide. You will find on here a lot of the responses are people who are not in the industry ...
by aerosurfer
Sat Dec 07, 2019 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Airline Employees: How do you value non-rev travel as part of compensation?
Replies: 13
Views: 1171

Re: Airline Employees: How do you value non-rev travel as part of compensation?

See this post from May 2019. https://www.bogleheads.org/forum/viewtopic.php?f=2&t=282320 I posted in this thread as well. Non-rev travel has been great and significant part of our life for over 15 years, worldwide. You will find on here a lot of the responses are people who are not in the industry ...
by aerosurfer
Sat Dec 07, 2019 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Airline Employees: How do you value non-rev travel as part of compensation?
Replies: 13
Views: 1171

Re: Airline Employees: How do you value non-rev travel as part of compensation?

After you took the time to get to the airport and park ($$), and then get bumped couple times and are waiting in the airport ($$) food and drink, and boredom and anxiety, how much is this really worth to you? And that’s just the flight outbound. It’s an airline job, what makes you think we pay for ...
by aerosurfer
Thu Dec 05, 2019 10:14 pm
Forum: Personal Investments
Topic: VTSAX Vs Car Loan vs Mortgage Extra
Replies: 13
Views: 1050

Re: VTSAX Vs Car Loan vs Mortgage Extra

For simplicity, I’d either buy the car or pay about half of it to the car and finance the rest. Assume you are maximizing all other tax advantage accounts? I don’t think I would take on car loan debt to pay off some mortgage debt for no real interest spread savings. What’s your future earning poten...
by aerosurfer
Thu Dec 05, 2019 9:44 pm
Forum: Personal Investments
Topic: 2020 Plan for $45,000,000 in 2045
Replies: 78
Views: 13258

Re: 2020 Plan for $45,000,000 in 2045

At the rate you are investing, why have any fixed income? Is 45M just your goal number and above is your path to get get there or do you need that amount going forward to drive home the Picasso in the trunk of your 250GTO? Even a total market crash will leave you in a strong position. The rate of ac...
by aerosurfer
Thu Dec 05, 2019 9:32 pm
Forum: Personal Investments
Topic: VTSAX Vs Car Loan vs Mortgage Extra
Replies: 13
Views: 1050

Re: VTSAX Vs Car Loan vs Mortgage Extra

For simplicity, I’d either buy the car or pay about half of it to the car and finance the rest. Assume you are maximizing all other tax advantage accounts? I don’t think I would take on car loan debt to pay off some mortgage debt for no real interest spread savings. What’s your future earning potent...
by aerosurfer
Wed Dec 04, 2019 12:44 pm
Forum: Investing - Theory, News & General
Topic: Favorite stock(s) and why
Replies: 131
Views: 7758

Re: Favorite stock(s) and why

I have had a great ride the last 3 years with Heico HEI & HEI.A. Aircraft parts supplier. Skirts way under the radar of Boeing’s shadow, which I like. Had been strong and fiscally smart for a long time.
by aerosurfer
Tue Dec 03, 2019 3:36 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey says 30 years Roth IRA to 1.3 million?
Replies: 239
Views: 20945

Re: Dave Ramsey says 30 years Roth IRA to 1.3 million?

By Bogleheads standards, 15% may be low, but for most people it'll probably get them in the right ballpark 30-odd years later, even using more realistic returns. Part of the problem with the 15% savings rate recommendation is that by the time that many come to Dave for advice, they are already well...
by aerosurfer
Tue Dec 03, 2019 12:42 pm
Forum: Personal Consumer Issues
Topic: Airline overhead bins...do you think they're assigned?
Replies: 135
Views: 6472

Re: Airline overhead bins...do you think they're assigned?

You aren't wrong. It would be far better if airlines charged for carry on rather than checked luggage, but this is the system we're stuck with. My airline does.. Once you get past some of the dated reputation for marginal service and charging for everything, things like this work much better. We ra...
by aerosurfer
Mon Dec 02, 2019 4:02 pm
Forum: Personal Consumer Issues
Topic: Airline overhead bins...do you think they're assigned?
Replies: 135
Views: 6472

Re: Airline overhead bins...do you think they're assigned?

You aren't wrong. It would be far better if airlines charged for carry on rather than checked luggage, but this is the system we're stuck with. My airline does.. Once you get past some of the dated reputation for marginal service and charging for everything, things like this work much better. We ra...
by aerosurfer
Sat Nov 30, 2019 1:41 pm
Forum: Personal Investments
Topic: Isn't it a bad idea to have everything in equity I thought?
Replies: 58
Views: 5131

Re: Isn't it a bad idea to have everything in equity I thought?

Well then in a money market fund in the taxable? I read a lot about emergency or money waiting to be invested should be in a brokerage account. I've got ten of thousands sitting a 0.05%. I don't want to put it all in my 401k yet, but I will be putting some in and my Roth is maxed for this year. Eve...
by aerosurfer
Thu Nov 28, 2019 12:13 am
Forum: Personal Consumer Issues
Topic: Hiring a kid to put Xmas lights
Replies: 56
Views: 3911

Re: Hiring a kid to put Xmas lights

I'll likely end up doing it again myself next weekend if the weather is good. I have no problem on a ladder, but no interest in being on the roof.
by aerosurfer
Thu Nov 28, 2019 12:02 am
Forum: Personal Finance (Not Investing)
Topic: Drop my term life insurance?
Replies: 36
Views: 2659

Re: Drop my term life insurance?

Seems like you can drop it if you want. You have enough in savings and work-provided life insurance to cover decades of expenses for your spouse assuming no big escalation in expenses. I was talking to a coworker about life insurance and his answer was you want to have enough to take care of the wi...
by aerosurfer
Wed Nov 27, 2019 6:24 pm
Forum: Personal Consumer Issues
Topic: Is a minivan worth it?
Replies: 86
Views: 6316

Re: Is a minivan worth it?

Minivans rock! I have been exceptionally impressed with our Town and Country (now Pacifica) The stow and go seats are fantastic. Endless roadtrip room. 4 adults and 2 kids in carseats in the last row plus bags..no problemo. When the kids grow out of the carseats I imagine they may even want to stay ...
by aerosurfer
Tue Nov 26, 2019 4:23 pm
Forum: Personal Consumer Issues
Topic: Hiring a kid to put Xmas lights
Replies: 56
Views: 3911

Re: Hiring a kid to put Xmas lights

Get one of these instead https://www.amazon.com/s/?ie=UTF8&keywords=house+light+projector+christmas&tag=googhydr-20&index=aps&hvadid=323190394688&hvpos=1t1&hvnetw=g&hvrand=12110454747973546509&hvpone=&hvptwo=&hvqmt=b&hvdev=t&hvdvcmdl=&hvlocint=&hvlocphy=1028320&hvtargid=kwd-316986068338&ref=pd_sl_7...