Search found 134 matches

by wabbajack
Fri Sep 21, 2018 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: New car - 0% loan or $500 rebate
Replies: 25
Views: 1703

Re: New car - 0% loan or $500 rebate

Interesting that there's about a 50/50 split between those who would take the loan and those who would pay cash. I wonder if those advocating for cash would also tend to be older. OP, you know the math answer is in favor of the loan. The answer to your question is not going to depend on numbers, or ...
by wabbajack
Fri Sep 21, 2018 2:41 pm
Forum: Personal Consumer Issues
Topic: Need iPhone case recommendations
Replies: 18
Views: 880

Re: Need iPhone case recommendations

I personally use Apple's leather cases. I've never broke a phone with them, they look great, and they fit like a glove on the phone. +1 All other cases I've tried on my iPhone X makes it cheap and ugly in comparison. I have a brown leather case from Apple that is very worn and you can tell it's tak...
by wabbajack
Fri Sep 21, 2018 2:37 pm
Forum: Personal Consumer Issues
Topic: My Very First Smartphone — Please Critique This Plan
Replies: 52
Views: 1878

Re: My Very First Smartphone — Please Critique This Plan

How much are you on your phone? Do you expect to spend much time learning the ins and outs? Are you a gearhead? Do you enjoy tweaking every little setting? If cost is not an issue, my recommendation is easy - get the iPhone. If you hurry, you may be able to find the outgoing iPhone X for $849. This ...
by wabbajack
Fri Sep 21, 2018 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Expat buying a house back home and managing from afar (intended as future residence)
Replies: 2
Views: 237

Re: Expat buying a house back home and managing from afar (intended as future residence)

You are overvaluing home ownership. Look at equivalent rentals and what does the history of prices look like for those? I know nothing about Irish RE, but I can somewhat relate. My family is in Malaysia, and my parents are about to shell out a lot of $ to buy my sister a condo - just so she can move...
by wabbajack
Fri Sep 21, 2018 10:26 am
Forum: Personal Consumer Issues
Topic: Did you really have something to retire to?
Replies: 110
Views: 8288

Re: Did you really have something to retire to?

In my first year, starting March 2013, I managed to be away 13 weeks, compared to maybe five while I was working. I would think that 5 weeks of traveling during your working years would eventually add up to seeing just about the whole world by the time you retire. That's certainly my goal at least....
by wabbajack
Thu Sep 20, 2018 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Let's rebalance my young 401k
Replies: 5
Views: 598

Let's rebalance my young 401k

Hi all, I am trying to apply BH lessons learned so far. I have read and am attracted to the three-fund portfolio. Obviously, I also have many years to let compounding work its magic for me. Some background: Age 27. Single. Gross income ~$110k this year. Stable job with growth prospects. I have been ...
by wabbajack
Thu Sep 20, 2018 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Roth Income Limit
Replies: 9
Views: 811

Roth Income Limit

I found out recently that there is an income limit for contributing to Roth IRAs. While this shouldn't be an issue this year, it may be in the future that my income runs up against these limits. I've added a quote for the pertinent rule in 2018 that applies to me: If you file as single, head of hous...
by wabbajack
Wed Sep 19, 2018 12:55 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 205
Views: 13223

Re: What is your single most expensive mistake?

My ex-husband cost me the most. First of all, I inherited $60k from my grandmother and we used it to pay for his grad school (and he let me do this knowing he was going to ask me for a divorce a couple of years later. He already started meeting with lawyers behind my back). Then, I found out he shi...
by wabbajack
Wed Sep 19, 2018 9:46 am
Forum: Personal Consumer Issues
Topic: Buy-Out BMW Lease / Buy More Practical New Model / Buy Practical Used Model? Help
Replies: 80
Views: 2988

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

Suggestions for a Honda Civic for a person who enjoys driving a BMW are unhelpful at best. Once you get behind the wheel of a German car with balls, it's hard to go back to driving less exciting cars. Speaking from personal experience. OP, your income does not afford the BMW. However, that's a sunk ...
by wabbajack
Tue Sep 18, 2018 8:39 pm
Forum: Personal Consumer Issues
Topic: New SUV
Replies: 24
Views: 2022

Re: New SUV

Not sure what deal you're referring to but there are some pretty great deals on leasehackr. I've seen Alfa Romeo Stelvio's with $54k MSRP for $390/month with tax included and $0 up front. S90's with $65k MSRP for $400/month with $0 up front, GMC Acadia for $149/mo with $0 up front, there were some ...
by wabbajack
Tue Sep 18, 2018 8:29 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 205
Views: 13223

Re: What is your single most expensive mistake?

There's something to be said about sunk costs. But there's also something to be said about mistakes early in life compounding early. Here's one from the past few months: New house. A/C wasn't working. Spent $800 to fix duct work in the attic. A/C still wasn't working. Spent $600 to fix refrigerant l...
by wabbajack
Mon Sep 17, 2018 2:41 pm
Forum: Personal Consumer Issues
Topic: Smart Home / IoT Light Bulbs - Philips Hue, LIFX
Replies: 10
Views: 887

Re: Smart Home / IoT Light Bulbs - Philips Hue, LIFX

Philips Hue and LIFX seem to be the brands that integrate with the Nest. Any recommendations, comments, or best practices amongst those who have used these? I have a couple of LIFX bulbs that work 98% of the time. The living room light is programmed to turn on at 6pm and off at midnight to give the...
by wabbajack
Mon Sep 17, 2018 2:32 pm
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 153
Views: 8613

Re: iPhone XS Max

You mean like Siri and Apple maps? :happy On a serious note, I agree. They are usually a few years behind but they do it correctly. You can get Google assistant and Google Maps on the iPhone. We are also getting Google Maps for CarPlay in the next iOS update. There was an article a while back that ...
by wabbajack
Sun Sep 16, 2018 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Please help me assess condo purchase and overall finances
Replies: 22
Views: 1137

Re: Please help me assess condo purchase and overall finances

I'm not too worried about the affordability aspect of this as I don't expect to be single forever. The condo is significantly closer to work and overall much nicer. The apartment I'm in now is older and I constantly have maintenance issues. I can still achieve a 50% savings rate with this mortgage....
by wabbajack
Fri Sep 14, 2018 2:41 pm
Forum: Personal Consumer Issues
Topic: Is home alarm monitoring worth it?
Replies: 56
Views: 3755

Re: Is home alarm monitoring worth it?

some people are afraid of dogs. Another is burglars may not want to risk either getting bit, or having attention drawn to them. Our dogs, 2 presa canarios and 1 cane corso, deter even my family and friends at times LOL That's not my point. My point is that if someone breaks in, I'd rather they just...
by wabbajack
Fri Sep 14, 2018 2:32 pm
Forum: Personal Consumer Issues
Topic: FaceID w driving? ... upgrading from 5S
Replies: 18
Views: 817

Re: FaceID w driving? ... upgrading from 5S

I don't know why when I first read the thread, I thought the OP was driving an ambulance. Now that I reread and found that it's probably a normal car, I would say Apple Carplay or a bluetooth connection should take care of this.
by wabbajack
Fri Sep 14, 2018 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Leasing Cars in Retirement
Replies: 82
Views: 5897

Re: Leasing Cars in Retirement

One big problem with a leased car in retirement is that your situation might change and you would still be stuck with the lease. There have been lots of posts with situations like a mother in law having a stroke and being in a nursing home six months after getting a car lease. I don't recall there ...
by wabbajack
Fri Sep 14, 2018 11:46 am
Forum: Personal Consumer Issues
Topic: FaceID w driving? ... upgrading from 5S
Replies: 18
Views: 817

Re: FaceID w driving? ... upgrading from 5S

One option is to just turn it off. I have a 6S and never use touch ID or even a passcode unless I'm traveling somewhere questionable. This may not be an option if the phone is required to be securely locked because it contains sensitive data. I used to get work email on my phone, which forced it to...
by wabbajack
Fri Sep 14, 2018 10:24 am
Forum: Personal Consumer Issues
Topic: Is home alarm monitoring worth it?
Replies: 56
Views: 3755

Re: Is home alarm monitoring worth it?

5. Dog- maybe the one true deterrent. However you need one that is genuinely unfriendly, at least to strangers. Trouble is most people get dogs mostly as pets, not personal protection. AND everyone with an unleashed dog assures me that they are friendly, so apparently virtually all dogs are useless...
by wabbajack
Fri Sep 14, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: Is home alarm monitoring worth it?
Replies: 56
Views: 3755

Re: Is home alarm monitoring worth it?

5. Dog- maybe the one true deterrent. However you need one that is genuinely unfriendly, at least to strangers. Trouble is most people get dogs mostly as pets, not personal protection. AND everyone with an unleashed dog assures me that they are friendly, so apparently virtually all dogs are useless...
by wabbajack
Fri Sep 14, 2018 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Leasing Cars in Retirement
Replies: 82
Views: 5897

Re: Leasing Cars in Retirement

What's most important to you in car ownership? If you want the lowest monthly payment and don't want to deal with anything that goes wrong beyond taking it to the shop, leasing is a no-brainer. It also makes much more sense to lease if your annual mileage is between 5k - 15k. FWIW, I wished I had co...
by wabbajack
Fri Sep 14, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: Should I get a new iPhone?
Replies: 43
Views: 3485

Re: Should I get a new iPhone?

But if $1k is small change to you, then just go ahead. It won't matter. +1 Stop agonizing over decisions like this just because you are "anti-consumerism" or something. If you are a heavy user and need your phone every day for important things, $1k is chump change. I have the iPhone X, and don't pl...
by wabbajack
Fri Sep 14, 2018 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Review
Replies: 15
Views: 1240

Re: Credit Card Review

I would cancel the Amex. I used to have one like that because it gave me 6% back on groceries, but groceries stopped being my biggest expense - traveling and dining out are. Plus, Costco does not fit into the grocery category and they stopped taking Amex years ago. I personally have had the Chase Sa...
by wabbajack
Thu Sep 13, 2018 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Getting LASIK tomorrow - Limited FSA Question
Replies: 8
Views: 492

Re: Getting LASIK tomorrow - Limited FSA Question

Have you confirmed this with your insurance company? There's no insurance benefit with this procedure, as it's elective/cosmetic. For my vision insurance I'd have to go to one of their "recommended" facilities, but they'll only give me $150. It's worth it to me (and my wife's peace of mind) to go t...
by wabbajack
Thu Sep 13, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Buying townhome/home -- need opinions
Replies: 26
Views: 1884

Re: Buying townhome/home -- need opinions

I live in the west/midwest I'll leave it at that. The area I'd like to buy in is a prime location I guess. Rent for a 1 br apartment costs me what the mortgage on the two bedroom condo/townhome would cost. This is the absolute wrong way to think about it- unless you live monthly paycheck to paychec...
by wabbajack
Thu Sep 13, 2018 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Rent vs Buy for low-income retiree
Replies: 23
Views: 1985

Re: Rent vs Buy for low-income retiree

She buys and sells a new house every few years. This, plus the fact that she's not open to your advice, should tell you that there's not much more you can do to help. Buying and selling creates many frictional costs (commissions, taxes, moving, etc.), but the less obvious cost is depreciation. Hous...
by wabbajack
Thu Sep 13, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: Pet insurance
Replies: 31
Views: 2729

Re: Pet insurance

I considered pet insurance for my dog when I first got him as a puppy (now 1.5 years old). Ultimately, I decided to self-insure. Having insurance adds another layer of complication and reduces price transparency. So far, I've spent ~$1000 or so in vet visits for shots, checkups, x-ray (I thought he ...
by wabbajack
Thu Sep 13, 2018 10:04 am
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 153
Views: 8613

Re: iPhone XS Max

"Bokeh" sounds kind of silly, but it's just a name for the background blur effect you see in many professional portraits. The new phone supposedly does a better job of it when you shoot in portrait mode. I've used portrait mode on the X, and it really is impressive how good it can make photos from ...
by wabbajack
Thu Sep 13, 2018 8:42 am
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 153
Views: 8613

Re: iPhone XS Max

I find all the hostility towards the newest iphone every year rather amusing. Nobody cares that BMW or Mercedes comes out with a new car every year or two with many unnecessary features. People still buy them. (...) As far as status symbols go, they make fairly poor ones. You'd need an eagle eye to...
by wabbajack
Thu Sep 13, 2018 8:20 am
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 153
Views: 8613

Re: iPhone XS Max

As many of you remember, I bought an iPhoneX last year to replace my old iPhone7Plus. I have been disappointed in the size of this phone, as compared to the older, more robust ("bigger") PLUS phone. It's hard t read with the X but I had no trouble doing so on my 7Plus. OK, so I'm willing to suck it...
by wabbajack
Thu Sep 13, 2018 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Buying townhome/home -- need opinions
Replies: 26
Views: 1884

Re: Buying townhome/home -- need opinions

Happy that I don't have to be the first to tell you not to buy a house. I am OP's age, single, and have higher income. I recently bought a house and would not recommend it. Even if nothing goes wrong (furnace breaks, A/C refrigerant leak, sump pump failure, etc etc.), maintenance is a pain. How do y...
by wabbajack
Wed Sep 12, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: MBA vs Home Ownership
Replies: 24
Views: 1988

Re: MBA vs Home Ownership

In the case of investment banking you definitely don’t work 35 hours/week. More like 80-100 hours. But in the case of tech? 40 hours is typical. I work for a tech MegaCorp and it’s normal MegaCorp hours, 9-5. And yes I’m getting paid $220k for doing so. As for your case, are you paid on a hourly ba...
by wabbajack
Wed Sep 12, 2018 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: MBA vs Home Ownership
Replies: 24
Views: 1988

Re: MBA vs Home Ownership

My pre-MBA pay was $120k, my post MBA pay is $220k (tech RSU appreciation is really something else). And my current job only hires top MBAs. Quite a few MBAs from 6-figure schools in the house. I'm hijacking this thread because I've been told more than once by a good friend that I should look into ...
by wabbajack
Wed Sep 12, 2018 9:51 am
Forum: Personal Finance (Not Investing)
Topic: MBA vs Home Ownership
Replies: 24
Views: 1988

Re: MBA vs Home Ownership

My pre-MBA pay was $120k, my post MBA pay is $220k (tech RSU appreciation is really something else). And my current job only hires top MBAs. Quite a few MBAs from 6-figure schools in the house. I'm hijacking this thread because I've been told more than once by a good friend that I should look into ...
by wabbajack
Wed Sep 12, 2018 9:31 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a pre-owned Mercedes Benz cash?
Replies: 44
Views: 3603

Re: Thoughts on buying a pre-owned Mercedes Benz cash?

ssquared87 wrote:
Tue Sep 11, 2018 7:48 pm
CLA is junk, and reliability is not the only reason why.
(...)
the CLA just feels like a Volkswagen with a Mercedes badge.
Agree.
And disagree. I drove a new Volkswagen out of college, and then an Audi last year. The VW has a nicer interior than the CLA.
by wabbajack
Tue Sep 11, 2018 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: MBA vs Home Ownership
Replies: 24
Views: 1988

Re: MBA vs Home Ownership

I'm about your age and work in a similar industry. My knee-jerk advice is this: Don't buy the house until you're ready to upsize your life. The two of you will most likely be happier in a decent 2BR apartment until you're ready to start thinking of school districts for kids. I don't know how useful ...
by wabbajack
Tue Sep 11, 2018 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Side Hustle Options/Suggestions.
Replies: 95
Views: 8879

Re: Side Hustle Options/Suggestions.

BTW...an earlier poster who said dog walking....I just had lunch with my old business partner. He told me he knows a guy making $50K/year as a full time dog walker. #wth When my dog was under 1 year old, I paid $10 every day to a grad student to walk him every afternoon on weekdays. When I'm away f...
by wabbajack
Tue Sep 11, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a pre-owned Mercedes Benz cash?
Replies: 44
Views: 3603

Re: Thoughts on buying a pre-owned Mercedes Benz cash?

I would buy or lease a standard issue E-class with the minimum amount of options and call it a day. You essentially have a European taxi with some nice luxo features. This isn't a bad thing. (...) Nicely equipped Accords, Camrys, Passats, or base trim E-classes, 5-series, and A6's are able to fly u...
by wabbajack
Mon Sep 10, 2018 1:18 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime - Value?
Replies: 71
Views: 5377

Re: Amazon Prime - Value?

I find value in only one thing in Prime. The ability to watch Grand Tour. I now wait until the series is over, sign up for one month, binge watch and cancel. +2 I have had Prime for 2 months this year. After I binge watch Grand Tour, I watch old Top Gear episodes from the 2000s until my month is up...
by wabbajack
Mon Sep 10, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on buying a pre-owned Mercedes Benz cash?
Replies: 44
Views: 3603

Re: Thoughts on buying a pre-owned Mercedes Benz cash?

I am not reimbursed for miles. I get a $750 per month car allowance and 100% of my gas is paid for which is why fuel efficiency is not a huge priority for me. I assume the $750 car allowance is through your employer and that if you don't get to keep the extra if you get a cheap car? If so, I would ...
by wabbajack
Mon Sep 10, 2018 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Paying off mortgage with 87K left on it
Replies: 69
Views: 6078

Re: Paying off mortgage with 87K left on it

I say that if your 15 year old truck without all those things to break is serving you well, keep it. It's not all that long ago that I drove a car with no ABS, no top, no heater, no power steering or brakes and no air bags. Somehow, I survived. Replace it when YOU feel like replacing it. I know at ...
by wabbajack
Fri Sep 07, 2018 10:26 am
Forum: Personal Consumer Issues
Topic: Car Shopping, Seem to lose my Boglehead way each time help!!
Replies: 37
Views: 2881

Re: Car Shopping, Seem to lose my Boglehead way each time help!!

What's the problem here? You obviously have the money. You're not keeping your cars 10 years, though you're trying to convince yourself you're keeping them "long enough". Just admit you like nice, techy cars, and you want a new one every 7 years instead of 10 years. Yeah you're going to be giving u...
by wabbajack
Fri Sep 07, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Selling a newish vehicle yourself, how to do it?
Replies: 61
Views: 3038

Re: Selling a newish vehicle yourself, how to do it?

Whenever I read the bogglehead advice on selling a car I always chuckle. First, it assumes criminal masterminds are out for your $5k car. Then, it assumes that a normal buyer will put up with your paranoid demands instead of buying just one of the thousands of other cars available. If someone asked...
by wabbajack
Fri Sep 07, 2018 8:51 am
Forum: Personal Consumer Issues
Topic: Car Shopping, Seem to lose my Boglehead way each time help!!
Replies: 37
Views: 2881

Re: Car Shopping, Seem to lose my Boglehead way each time help!!

Sorry for the long post, but my goal here is to still have a little fun, but focus in better on what's important. I need to stop the cost creep from 30k to 40k to 50k I've had over the last 3 vehicles. But, it's difficult to trade-in a car and get one that's slower, less luxurious, and missing a lo...
by wabbajack
Thu Sep 06, 2018 3:09 pm
Forum: Personal Consumer Issues
Topic: Short Sale Purchasing [property]
Replies: 17
Views: 1343

Re: Short Sale Purchasing

Also, you have to put yourself in the position of a 40-ish homebuyer (me) who had to move fast. I wasn't some silver-haired retiree who had lots of time and funds to do a title search. That's not an excuse, but I would maintain that as as "average" homebuyer at the time, the burden should not have ...
by wabbajack
Thu Sep 06, 2018 9:06 am
Forum: Personal Consumer Issues
Topic: How to "waste" money on groceries?
Replies: 109
Views: 9443

Re: How to "waste" money on groceries?

I think the greatest luxury in life is to walk into a grocery store and walk out without ever having to look at the bill. That will never happen for me. I always pay attention to everything I buy. I agree. Looking at prices is a lifelong habit. Even if I had $10 million bucks I bet I'd still be com...
by wabbajack
Wed Sep 05, 2018 3:04 pm
Forum: Personal Consumer Issues
Topic: How to "waste" money on groceries?
Replies: 109
Views: 9443

Re: How to "waste" money on groceries?

I think the greatest luxury in life is to walk into a grocery store and walk out without ever having to look at the bill. Sometimes I raise an eyebrow when it ticks above $200 at Kroger - and I am a household of one. Other times, I try not to laugh when I have two weeks worth of groceries from Trade...
by wabbajack
Wed Sep 05, 2018 8:44 am
Forum: Personal Consumer Issues
Topic: HVAC annual contracts vs yearly annual cleaning
Replies: 32
Views: 2207

Re: HVAC annual contracts vs yearly annual cleaning

For $100 a year, I will gladly let someone else make a house call and tell me nothing is wrong with my heater and A/C. Factor that into your annual maintenance budget. If they tell you something is wrong, you can always question them on why and what the remedy is. Repairs through these companies wil...
by wabbajack
Wed Sep 05, 2018 8:03 am
Forum: Personal Consumer Issues
Topic: Selling a car to CarMax
Replies: 74
Views: 5709

Re: Selling a car to CarMax

2001 BMW 330i w/ 54k miles sold in 2015. Dealer trade-in offer: $1200. CarMax offer: $4000. Sold to private party through Auto Trader in two days: $8000. Agreed. Easiest money in the world is selling it yourself. I have a bunch of posts on this but don't know where they are... :D Can we please stop...