Search found 9 matches

by portlandia1
Fri Jun 01, 2018 12:18 pm
Forum: Personal Consumer Issues
Topic: Replaced beater car, oh how ever to regain feelings of financial superiority?
Replies: 29
Views: 3602

Re: Replaced beater car, oh how ever to regain feelings of financial superiority?

OP, As a famous politican once said, "I feel your pain." 7 years and 2 kids into our marriage, we finally added a second vehicle to compliment our 2 door, no AC, Hyundai Accent. We bought a no frills (but with AC, power locks and 4 doors!) minivan that seemed to us as joyyfully luxurious and decaden...
by portlandia1
Wed May 30, 2018 12:53 pm
Forum: Personal Consumer Issues
Topic: Fitting three young kids in the car...
Replies: 76
Views: 5498

Re: Fitting three young kids in the car...

The Honda Odyssey is great, 3 rows, roomy, nice, reliable people hauler and generally more economical than an SUV with similar space. We had the same issue with our 3rd child not being able to fit across the back seat of any sedan. So our option became 3 row SUV vs minivan. The cost differential at ...
by portlandia1
Mon May 21, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Noob investing, Want to avoid messing this up!
Replies: 16
Views: 1812

Re: Noob investing, Want to avoid messing this up!

Congrats on your progress so far and for recognizing that Ramsey is good on debt, but terrible on investing. Bloom2708 gave good advice. I agree generally with his recs. No to the money market. A money market is appropriate for short term liquidity needs, like an emergency fund or saving for a large...
by portlandia1
Fri Apr 06, 2018 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford new house(360-400k)?
Replies: 13
Views: 1888

Re: Can we afford new house(360-400k)?

Sorry if my previous post incorrectly implied that I was suggesting you rent out your current home upon buying the new home. Sell the current home and either use the equity and current savings for a downpayment or withold a portion for a rainy day fund given your volatile industry.
by portlandia1
Tue Apr 03, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford a house of 600-700k?
Replies: 56
Views: 5197

Re: Can we afford a house of 600-700k?

I was really expecting Klang Fool to say no, but he threw us a curveball. :wink: I would not be comfortable with a mortgage requiring both incomes to make ends meet, but I'm obviously more conservative than most (though I thought less so than Klang Fool :? ) Even a temporary job loss or disability c...
by portlandia1
Wed Feb 07, 2018 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable vs 401k investments
Replies: 17
Views: 1447

Re: Taxable vs 401k investments

I'm not very familiar with MMM's plan, but my thought is if you can't afford to fill the 401k and and IRA and also put some in taxable, you probably cannot retire that early. If you can't afford to max 401K AND put significant money into taxable annually, you can't afford to retire at 40, period.
by portlandia1
Wed Feb 07, 2018 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable vs 401k investments
Replies: 17
Views: 1447

Re: Taxable vs 401k investments

Invest in 401K first up to maximum even without company match due to tax savings now. It is unlikely that your tax rate in retirement will be lower than it is now, especially for an aspiring early retiree. There are ways to access this money prior to typical retirement age. White Coat Investor and o...
by portlandia1
Wed Feb 07, 2018 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Sell or Continue Renting House
Replies: 6
Views: 517

Re: Sell or Continue Renting House

A few points for your consideration. 1. Unless you ENJOY being a landlord overall, even after accounting for the tough times, i.e. broken pipe in middle of the night, then it is unfair to compare returns of a passive investment like index funds to an active investment like landlording. 2. With zero ...
by portlandia1
Wed Feb 07, 2018 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on my portfolio
Replies: 8
Views: 639

Re: Advice on my portfolio

Good job on your progress to date: Suggestions: 1. IMMEDIATELY reduce your exposure to Amazon stock ( I would recommend no more than 5% of your entire portfolio), not slowly over 1-2 years. Having your employment and portfolio tied to one company puts you at too great a risk of total loss in event o...