Search found 147 matches

by kaeltor
Mon Jan 27, 2020 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Swapping a lease and buying used car?
Replies: 18
Views: 1336

Re: Swapping a lease and buying used car?

You haven't mentioned what you have leased, that is "how good a deal did you get?" If you were able to negotiate a screaming deal, a www.leasehackr.com sort of deal, then you may find someone to take it over. If you got hosed on the lease your chances diminish. And depending on the financ...
by kaeltor
Sun Jan 26, 2020 6:54 pm
Forum: Personal Finance (Not Investing)
Topic: Swapping a lease and buying used car?
Replies: 18
Views: 1336

Re: Swapping a lease and buying used car?

Correct. You’ll have a ~$6000 car in ~3 years. My point is that the perceived savings of buying today and dumping the lease may not be there—and if they are they’re modest at best. If the car you have today meets your needs I wouldn’t be rushing to make a change based on just the numbers. You of co...
by kaeltor
Sun Jan 26, 2020 6:19 pm
Forum: Personal Finance (Not Investing)
Topic: Swapping a lease and buying used car?
Replies: 18
Views: 1336

Re: Swapping a lease and buying used car?

Hi everyone, Due to some bad decision making and stress, I took on a car lease (36 months, 10500 miles per year, $256/month, 31 months left). I am on track to be ~5K miles under the lease mileage requirement, since I only use it to commute to and from work, so no plan to go over. It's my only debt,...
by kaeltor
Fri Jan 03, 2020 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Swapping a lease and buying used car?
Replies: 18
Views: 1336

Re: Swapping a lease and buying used car?

Hi everyone, Due to some bad decision making and stress, I took on a car lease (36 months, 10500 miles per year, $256/month, 31 months left). I am on track to be ~5K miles under the lease mileage requirement, since I only use it to commute to and from work, so no plan to go over. It's my only debt,...
by kaeltor
Sat Dec 28, 2019 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Swapping a lease and buying used car?
Replies: 18
Views: 1336

Swapping a lease and buying used car?

Hi everyone, Due to some bad decision making and stress, I took on a car lease (36 months, 10500 miles per year, $256/month, 31 months left). I am on track to be ~5K miles under the lease mileage requirement, since I only use it to commute to and from work, so no plan to go over. It's my only debt, ...
by kaeltor
Mon Dec 02, 2019 1:06 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 23287
Views: 3045120

Re: U.S. stocks in free fall

pokebowl wrote: Mon Dec 02, 2019 11:15 am and...down we go. :twisted:
About time. Wish it would've happened on Friday when my check posted though :oops:
by kaeltor
Fri Nov 15, 2019 11:11 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15240
Views: 1178563

Re: U.S. stocks continue to soar!

DOW is almost at 28K... anyone have a link to that 30K DOW hat ?
by kaeltor
Thu Aug 29, 2019 3:20 pm
Forum: Personal Consumer Issues
Topic: Buying used car (another one of those threads!)
Replies: 21
Views: 1435

Re: Buying used car (another one of those threads!)

Hey fellow bogleheads. So I was recently in an accident and my 2008 car with 136K miles on it was deemed totalled by insurance (~5K in repair costs which is what the car is worth more or less). So I am getting a check from insurance, but I am a good boglehead and have ample savings. Honestly, I wan...
by kaeltor
Thu Aug 22, 2019 12:05 am
Forum: Personal Consumer Issues
Topic: Buying used car (another one of those threads!)
Replies: 21
Views: 1435

Buying used car (another one of those threads!)

Hey fellow bogleheads. So I was recently in an accident and my 2008 car with 136K miles on it was deemed totalled by insurance (~5K in repair costs which is what the car is worth more or less). So I am getting a check from insurance, but I am a good boglehead and have ample savings. Honestly, I want...
by kaeltor
Wed Aug 21, 2019 10:42 am
Forum: Personal Investments
Topic: When Did You Ease Up On Saving Aggressively?
Replies: 171
Views: 15329

Re: When Did You Ease Up On Saving Aggressively?

Dear Friends, At what point do you let up on the aggressive savings gas pedal? When you are close to your number? After reaching? Never? Financial calculators suggest that we may reach our number (~25x expenses) in 2-3 years depending on the market. We LBYM (save ~45%), however, my spouse thinks we...
by kaeltor
Wed Aug 14, 2019 3:00 pm
Forum: Investing - Theory, News & General
Topic: Treasury 2-10 year yield curve has inverted!
Replies: 116
Views: 12575

Re: Treasury 2-10 year yield curve has inverted!

whodidntante wrote: Wed Aug 14, 2019 7:10 am Sorry, I already panicked when the 3 mo exceeded the 10 year. Is this double doom?

I didn't really panic.
At least you didn't do what I did -- I sold all and bought Tesla and Bitcoin.
by kaeltor
Tue Jul 02, 2019 3:15 pm
Forum: Investing - Theory, News & General
Topic: So the year is officially half over
Replies: 32
Views: 3740

Re: So the year is officially half over

Definitely a change in plans for m. I just retired Jan 1, so this was my first 6 months. Original plan was to spend interest and dividends until DW retires in two years. Then increase spending to 3% to cover health insurance. So that would have given me about $5k per month to spend over the past 6 ...
by kaeltor
Thu Jun 20, 2019 9:37 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15240
Views: 1178563

Re: U.S. stocks continue to soar!

Lets agree to temper this thread until we officially make new ATH's. We currently trading where we were ~18 months ago. Keeping it real :beer Looks like today might be that day. Futures currently indicate a possible new all time high today :moneybag Wow... pretty unreal considering how volatile thi...
by kaeltor
Fri Jun 14, 2019 4:54 pm
Forum: Investing - Theory, News & General
Topic: John Bogle gives tips for life on Father’s Day
Replies: 20
Views: 4301

Re: John Bogle gives tips for life on Father’s Day

Titan of industry. Should be more remembered than even Warren Buffet himself, he's the man that saved the average investor.
by kaeltor
Fri Jun 07, 2019 9:21 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15240
Views: 1178563

Re: U.S. stocks continue to soar!

Broken Man 1999 wrote: Fri Jun 07, 2019 4:56 pm Works for me, I can resume selling individual stocks for expenses again with the latest run-up.

What are you invested in ?
by kaeltor
Tue Jun 04, 2019 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 46448

Re: For those who earn $500k+ per year. How'd you do that?

Sometimes I dream of chasing the big bucks I've been in the $120k to $150k range (with at least that much again piling up in company value every year) in a reasonable cost of living area for the past few years and it really hasn't been much difference in the day-to-day vs the ~$75k range before. Ye...
by kaeltor
Fri May 31, 2019 9:52 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 23287
Views: 3045120

Re: U.S. stocks in free fall

I occasionally wonder what would happen if stocks decline 89% like they did 1929-1932. How many could/would "stay the course"? I did well through the 2008 crash, and ultimately made a lot of money, but 89%??? I don't know. Given that several die-hard Bogleheads here were talking about pul...
by kaeltor
Fri May 31, 2019 9:47 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 23287
Views: 3045120

Re: U.S. stocks in free fall

I occasionally wonder what would happen if stocks decline 89% like they did 1929-1932. How many could/would "stay the course"? I did well through the 2008 crash, and ultimately made a lot of money, but 89%??? I don't know. As a young investor, I wouldn't lose that much money, and although...
by kaeltor
Tue May 14, 2019 10:20 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 23287
Views: 3045120

Re: U.S. stocks in free fall

Flashbacks here, the same thing can be said back in 2007, I was wondering what people said here back in 2007. Back then I had no capital so I hardly noticed. More money more problems. The world is a beautiful place. You use money to buy your ways in front of the line to enjoy your life. The world i...
by kaeltor
Mon May 13, 2019 1:03 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 23287
Views: 3045120

Re: Dip Day!

Time2Quit wrote: Mon May 13, 2019 12:26 pm Looks like it may qualify for RBD. 😬
What is an RBD ?
by kaeltor
Wed May 08, 2019 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Car shopping advice (sanity check)
Replies: 56
Views: 5865

Re: Car shopping advice (sanity check)

In addition to the purchase price the cost to insure it will likely be high, especially if you are under 25, so be sure to get quotes on that before you decide what to do. Your numbers are likely way off. Between income taxes, Social Security, Medicare, etc I really doubt that you are going to be a...
by kaeltor
Wed May 08, 2019 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Car shopping advice (sanity check)
Replies: 56
Views: 5865

Re: Car shopping advice (sanity check)

In addition to the purchase price the cost to insure it will likely be high, especially if you are under 25, so be sure to get quotes on that before you decide what to do. I currently save ~65% of my income, and this will be going up to 75-80% moving forward (won't need to pay rent for a bit). Your...
by kaeltor
Sat May 04, 2019 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Car shopping advice (sanity check)
Replies: 56
Views: 5865

Re: Car shopping advice (sanity check)

MI_bogle wrote: Fri May 03, 2019 9:07 am
kaeltor wrote: Thu May 02, 2019 2:50 pm . Might as well trade the car in while it'll still net me a few thousand.

thanks for all the advice Bogleheads !
Questionable reasoning aside,
Could you expand?

Would be nice to find flaws in my logic (always looking to improve)
by kaeltor
Thu May 02, 2019 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Car shopping advice (sanity check)
Replies: 56
Views: 5865

Re: Car shopping advice (sanity check)

https://youtu.be/JBpuneybS1c Go to the 5:50 mark. The guy isn't some hack. He was a mechanic here in Houston for decades, had a weekly call in show on AM for a long ti e as well, and has a huge following on YouTube. Btw, he has to be a boglehead. Find his video on being a millionaire.., Hmmm. Just ...
by kaeltor
Thu May 02, 2019 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Car shopping advice (sanity check)
Replies: 56
Views: 5865

Re: Car shopping advice (sanity check)

OP, I am in similar situation. Have a 2008 RAV4 with 150K miles. Good, reliable car, nothing wrong but I am itching to "upgrade". Financially I am more stable since I am much older. Anyway here's my 2 cents... 1) You are in a great financial position. Good income, young, no debts and no m...
by kaeltor
Thu May 02, 2019 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Car shopping advice (sanity check)
Replies: 56
Views: 5865

Re: Car shopping advice (sanity check)

Cars are the biggest drain on your personal ability to accumulate wealth and the desire for newer/faster/cooler is a CONSTANT battle. The more money you make, the more expensive the cars you will be eyeballing. Thanks ! I actually really like cars, but have never purchased one. The '08 was a gift. ...
by kaeltor
Thu May 02, 2019 10:06 am
Forum: Personal Finance (Not Investing)
Topic: Car shopping advice (sanity check)
Replies: 56
Views: 5865

Re: Car shopping advice (sanity check)

In addition to the purchase price the cost to insure it will likely be high, especially if you are under 25, so be sure to get quotes on that before you decide what to do. I currently save ~65% of my income, and this will be going up to 75-80% moving forward (won't need to pay rent for a bit). Your...
by kaeltor
Thu May 02, 2019 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Car shopping advice (sanity check)
Replies: 56
Views: 5865

Re: Car shopping advice (sanity check)

Thanks for the feedback. You pretty much read me well. I am in my 20's still saving, only been working 2 years. Well, I don't plan on taking out a loan... you mentioned a 1 year bank loan -- is this advisable if I can pay it off in cash ? Also, like I mentioned, I currently won't use the car much a...
by kaeltor
Wed May 01, 2019 11:13 pm
Forum: Personal Finance (Not Investing)
Topic: Car shopping advice (sanity check)
Replies: 56
Views: 5865

Re: Car shopping advice (sanity check)

This is not a "should I buy a car?", it is simply, I want a new car, please help convince me to buy one. If you want one, buy one. Is this choice the best financial one? Absolutely not. I dont want a "new car", not sure where you read that. I want a used car. Same thing, a car t...
by kaeltor
Wed May 01, 2019 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Car shopping advice (sanity check)
Replies: 56
Views: 5865

Re: Car shopping advice (sanity check)

runner3081 wrote: Wed May 01, 2019 10:39 pm This is not a "should I buy a car?", it is simply, I want a new car, please help convince me to buy one.

If you want one, buy one. Is this choice the best financial one? Absolutely not.
I dont want a "new car", not sure where you read that.

I want a used car.
by kaeltor
Wed May 01, 2019 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Car shopping advice (sanity check)
Replies: 56
Views: 5865

Re: Car shopping advice (sanity check)

From a purely financial view its cheaper to fix the old car properly (not bandaid) and get as much as you can out of it. 140K and 1008 is not that old for todays cars. They run out to 200K miles regularly with regular oil change and transmission fluid service. However, the tone of your post makes m...
by kaeltor
Wed May 01, 2019 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Car shopping advice (sanity check)
Replies: 56
Views: 5865

Car shopping advice (sanity check)

EDIT : Post ran its course !
by kaeltor
Fri Mar 29, 2019 3:32 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market yield over 2.5%
Replies: 232
Views: 54444

Re: Vanguard Prime Money Market yield over 2.5%

So should we get out of VMMXX ? Rather switch to ally if there's any risk at this point... it's only yielding slightly more anyway How in the world did you come to the conclusion that we should "get out of VMMXX" based on the posts in this thread? Kevin Well, you said in one post: "S...
by kaeltor
Tue Mar 26, 2019 8:14 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market yield over 2.5%
Replies: 232
Views: 54444

Re: Vanguard Prime Money Market yield over 2.5%

So should we get out of VMMXX ? Rather switch to ally if there's any risk at this point... it's only yielding slightly more anyway How in the world did you come to the conclusion that we should "get out of VMMXX" based on the posts in this thread? Kevin Well, you said in one post: "S...
by kaeltor
Tue Mar 26, 2019 5:56 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market yield over 2.5%
Replies: 232
Views: 54444

Re: Vanguard Prime Money Market yield over 2.5%

So should we get out of VMMXX ?

Rather switch to ally if there's any risk at this point... it's only yielding slightly more anyway
by kaeltor
Thu Mar 21, 2019 11:58 am
Forum: Personal Finance (Not Investing)
Topic: U.S. Expats - What To Be Aware Of Tax Wise
Replies: 46
Views: 4330

Re: U.S. Expats - What To Be Aware Of Tax Wise

This is absolutely insane as someone who is a natural citizen of another country but has earned U.S. citizenship. I am absolutely going back to live in my home country at some point, this tax stuff is a complete burden. Unfortunately, when you rescind the US citizenship, you still might be responsi...
by kaeltor
Thu Mar 14, 2019 11:52 am
Forum: Personal Finance (Not Investing)
Topic: U.S. Expats - What To Be Aware Of Tax Wise
Replies: 46
Views: 4330

Re: U.S. Expats - What To Be Aware Of Tax Wise

I am thinking of relocating overseas. Other than the FBAR and continuing to pay taxes in the U.S. are there any other legal/financial aspects that I would need to be aware of that are not obvious? This wiki page covers most of the US tax lowlights of being a US citizen abroad that arise from the US...
by kaeltor
Tue Feb 05, 2019 4:07 pm
Forum: Personal Investments
Topic: Saving Enough? Too Much? Advice wanted.
Replies: 30
Views: 3040

Re: Saving Enough? Too Much? Advice wanted.

Welcome to the forum! For most people, a 20% rate is recommended to save for retirement. Since you will have a pension, that 20% savings (yours and employers contribution) may mean you are "oversaving". There's nothing wrong with that, living below your means is a good thing. if you are c...
by kaeltor
Thu Jan 03, 2019 5:09 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 23287
Views: 3045120

Re: U.S. stocks in free fall

With the way the market is behaving and earnings projections looking dim, is it justifiable to even max out a roth IRA ?
by kaeltor
Mon Dec 24, 2018 11:23 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 23287
Views: 3045120

Re: U.S. stocks in free fall

So glad to be 0% equities. Feels great to sit this one out. The amount of money I'm NOT LOSING is incredible. I predicted this and caught a lot of grief for it. Wish you guys came along with me. It's not too late to get out, this is just the beginning. If you're younger than 40 years old, none of t...
by kaeltor
Thu Dec 20, 2018 6:56 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 23287
Views: 3045120

Re: U.S. stocks in free fall

WanderingDoc wrote: Thu Dec 20, 2018 4:54 pm
The fact of the matter is, there are other ivestments and diversification strategies which protect against "being hosed" in the precise situation that is being described here.
yes but you also get less growth during the bull markets too
by kaeltor
Thu Dec 20, 2018 6:44 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 23287
Views: 3045120

Re: U.S. stocks in free fall

We officially in a bear market?
by kaeltor
Mon Dec 17, 2018 10:40 am
Forum: Investing - Theory, News & General
Topic: Stock Market down and Dividend amount paid.
Replies: 10
Views: 1162

Re: Stock Market down and Dividend amount paid.

It just changes the percent yield. But sometimes, a company board will vote to cut the dividend, too, but investors will know that because dividend changes are publicly announced. Here is an example about GE's dividend: https://www.barrons.com/articles/ge-dividend-cut-1540905941 I always thought th...
by kaeltor
Mon Dec 17, 2018 10:06 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 23287
Views: 3045120

Re: U.S. stocks in free fall

How far down are we YTD ?
by kaeltor
Fri Dec 14, 2018 9:22 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 23287
Views: 3045120

Re: U.S. stocks in free fall

I was investing dutifully every 2 weeks in my 401K and taxable accounts. Today out of nowhere, I received an after tax bonus of $85K. Now this changes all my calculations. I put in 10K today in total stock index already. Planning to invest rest in next 4 weeks. Do not know what else to do. I-Bonds,...
by kaeltor
Tue Oct 23, 2018 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: When Will Attaining Millionaire Status Be Obsolete?
Replies: 77
Views: 5564

Re: When Will Attaining Millionaire Status Be Obsolete?

Well, is tracking Networth actually useful?

I mean, we are at the mercy of the market.

You could be a millionaire one day and not the next day.
by kaeltor
Tue Oct 23, 2018 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Versus Stocks
Replies: 67
Views: 9686

Re: Real Estate Versus Stocks

... The return on my time from real estate was not enough to justify keeping it. The return on the dollars were really good, but I was able to sell the RE and focus on my career and make much more. If you are in a field that doesn't pay well, or want to avoid corporate life, then RE may be for you....
by kaeltor
Fri Oct 19, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Rule of thumb for how much to spend on rent?
Replies: 24
Views: 3213

Re: Rule of thumb for how much to spend on rent?

30% of net is a good place to start, but this is not a one-size fits all rule. When I say net, I mean that you should be contributing at least 15% to your 401k before calculating this number. I am currently spending 25% of my net, after maxing 401k and HSA. When I was fresh out of college (within t...
by kaeltor
Thu Oct 18, 2018 10:52 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 23287
Views: 3045120

Re: U.S. stocks in freefall

willthrill81 wrote: Thu Oct 18, 2018 10:42 am
kaeltor wrote: Thu Oct 18, 2018 10:40 am Another big drop incoming it seems!

I kinda wanna take out money from my EF and buy more VTSAX today... I am a new investor (only since last October) and don't know if this is wise...
Do what your IPS tells you to do.

What is IPS?