Search found 33 matches

by TX_Drew
Mon Jun 18, 2018 11:17 pm
Forum: Investing - Theory, News & General
Topic: Very confused with the current market
Replies: 112
Views: 12495

Re: Very confused with the current market

Drawbacks of market timing: 1) need to sell at right time, 2) need to buy at right time, and 3) REALIZED capital gains taxes! So you have to be right twice, and make more to offset the taxes. I guess some people can do this, but it’s a tall order. If you are accumulating wealth, then you look forwar...
by TX_Drew
Mon Jun 18, 2018 7:26 pm
Forum: Personal Consumer Issues
Topic: How much car to buy reasonably?
Replies: 86
Views: 5460

Re: How much car to buy reasonably?

I’m in a similar situation. Need a new can in next 12-18 months. Just about FI today. I paid in the mid 40s for my last car which I thought was a lot. Now even though I could pay cash for anything, I find myself eying the new accords. I know, so lame. It’s really hard for me to shake my frugal root...
by TX_Drew
Mon Jun 18, 2018 6:59 pm
Forum: Personal Consumer Issues
Topic: How much car to buy reasonably?
Replies: 86
Views: 5460

Re: How much car to buy reasonably?

I’m in a similar situation. Need a new can in next 12-18 months. Just about FI today. I paid in the mid 40s for my last car which I thought was a lot. Now even though I could pay cash for anything, I find myself eying the new accords. I know, so lame. It’s really hard for me to shake my frugal roots...
by TX_Drew
Mon Jun 18, 2018 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Retire at 50: Should I?
Replies: 93
Views: 12507

Re: Retire at 50: Should I?

I’m with the others saying you can retire. Well done. The only real gotcha could be in the long term disability. I don’t know how much that costs, but it might be nice to get a 10 or 20 year term in case of outlier situation. There are some threads here that go into the costs. Overall though well do...
by TX_Drew
Mon Jun 18, 2018 4:33 pm
Forum: Personal Consumer Issues
Topic: Best stroller+infant seat for gravel roads?
Replies: 18
Views: 1154

Re: Best stroller+infant seat for gravel roads?

+1 for the BOB revolution. BTW it stands for Beast of Burden. It’s amazing.
by TX_Drew
Sun Jun 17, 2018 9:42 am
Forum: Personal Consumer Issues
Topic: Chipmunk problem
Replies: 61
Views: 5220

Re: Chipmunk problem

BB Gun? I know they are cute, but this could be an effective solution.
by TX_Drew
Sun Jun 17, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: How to calculate "fun money" per year?
Replies: 37
Views: 3554

Re: How to calculate "fun money" per year?

Do I use my prior year's adjusted gross income (AGI) as a starting point and then subtract my yearly retirement contributions from that, subtract expected monthly expenses, and then subtract monthly savings to get an estimated number for fun money ? Do you have a monthly budget written yet? If not,...
by TX_Drew
Sun Jun 17, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: How to calculate "fun money" per year?
Replies: 37
Views: 3554

Re: How to calculate "fun money" per year?

Difficult question to answer broadly. What I do is first max all my investing/savings goals which may be 30% of pay. Then I have household budget, and pretty much allow myself to spend whatever is left over. I’m not that much into tracking monthly spending every month, but I do earmark all my long t...
by TX_Drew
Wed Jun 13, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 269
Views: 48601

Re: How to Minimize Your Emergency Care Expenses

FWIW, the University of Utah Health Radio has a series called "ER or Not" and they did an episode on "food stuck in throat." https://healthcare.utah.edu/the-scope/shows.php?shows=0_1u0qm8fd I know for me, if I had food stuck in my throat but I was still breathing, I'd be extremely reluctant to go t...
by TX_Drew
Wed Jun 13, 2018 9:32 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 269
Views: 48601

Re: How to Minimize Your Emergency Care Expenses

I really didn't even know there were networks for a PPO BCBS. I've never seen that before, and the ER never said anything. I'm also not sure if my annual insurance limit applies ($6k and already met) as its an out-of-network ER. I never cease to be amazed by the number of people who do not read the...
by TX_Drew
Wed Jun 13, 2018 9:26 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 269
Views: 48601

Re: How to Minimize Your Emergency Care Expenses

FWIW, the University of Utah Health Radio has a series called "ER or Not" and they did an episode on "food stuck in throat." https://healthcare.utah.edu/the-scope/shows.php?shows=0_1u0qm8fd I know for me, if I had food stuck in my throat but I was still breathing, I'd be extremely reluctant to go t...
by TX_Drew
Wed Jun 13, 2018 8:42 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 269
Views: 48601

Re: How to Minimize Your Emergency Care Expenses

This is a somewhat timely thread and I'll share my recent experience thus far. I went to ER a while back due to having food stuck in my esophagus; it wouldn't pass all the way down to stomach. I could breath fine, but it wouldn't go down. Anyway decided to go to ER close to neighborhood. They didn'...
by TX_Drew
Wed Jun 13, 2018 8:25 am
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 269
Views: 48601

Re: How to Minimize Your Emergency Care Expenses

This is a somewhat timely thread and I'll share my recent experience thus far. I went to ER a while back due to having food stuck in my esophagus; it wouldn't pass all the way down to stomach. I could breath fine, but it wouldn't go down. Anyway decided to go to ER close to neighborhood. They didn't...
by TX_Drew
Wed Jun 13, 2018 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 504
Views: 109235

Re: Anyone regret paying off mortgage early?

I did it this year without regrets. It seems a lot of the math on here neglects that the previous interest and equity payments are now being DCA into VTI boglehead style. This is why post-mortgage-payoff I'm less concerned about any pull-back, and actually look forward to a modest one. I have way mo...
by TX_Drew
Sat Jun 09, 2018 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Best Advice You Never Took
Replies: 100
Views: 13944

Re: Best Advice You Never Took

Best advice was from my coworker about buying Apple stocks when its iPod became so popular. I didn't take it as it was against my investing strategy. This is exactly the one I was thinking of too. It was before the iPhone, just during iPod rise in 2003ish. I wasn’t impressed with the iPOD, as I had...
by TX_Drew
Sat Jun 02, 2018 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: HSA as retirement vehicle
Replies: 33
Views: 3257

Re: HSA as retirement vehicle

I’ve Been saving my HSA and investing in VTI. It’s a bit over 40k now. My thoughts are really it’s IRA account earmarked for medical costs when I’m older. That means deductible and copays when I’m on Medicare. I believe Medicare copays are 20%, so I can imagine really needing this account when I’m o...
by TX_Drew
Sat Jun 02, 2018 10:17 am
Forum: Investing - Help with Personal Investments
Topic: If I began investing at 22 by maxing my 401K, how much would I have today?
Replies: 17
Views: 2100

Re: If I began investing at 22 by maxing my 401K, how much would I have today?

I started at 23...probably hit max by 25-26ish. 6% match. 90/10 split. It’s been 18 years, around 725k balance today. Just do the pay roll deduction and build budget on what’s left. Not rocket science, but I did feel a bit poor after all those deductions. FYI, my cars have always been 10-20k less th...
by TX_Drew
Sat Jun 02, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: What do you guys do on the side?
Replies: 299
Views: 30863

Re: The Side Hustle

I invest in individual stocks with my fun money. Been doing it 18 yrs and done pretty well.

Boggleheads can calm down though, low cost index funds in retirement accounts.

I’d like to get my first rental property in next few years, as another gig.
by TX_Drew
Sat Jun 02, 2018 8:53 am
Forum: Investing - Help with Personal Investments
Topic: Investing vs Paying down loan
Replies: 9
Views: 1144

Re: Investing vs Paying down loan

You seem to have enough going to retirements. Home has good equity. Agree with other posters to add to emergency savings first. Secondly I might be most concerned about college expenses. Your oldest may be in school in 5 yrs. That’s not a long time. If I were in same situation I’d try to get like 5k...
by TX_Drew
Mon May 28, 2018 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Why pay cash for a car?
Replies: 248
Views: 30757

Re: Why pay cash for a car?

If the rate is low enough to be attractive, it is being subsidized by the auto maker. If you go all cash, you can get some of that subsidy in the form of a price reduction. This right here. Automaker doesn’t give you the zero interest for free. You pay for it during the negotiation with a different...
by TX_Drew
Fri May 25, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: When did this start?? [Restaurant tipping on total bill]
Replies: 58
Views: 4099

Re: When did this start??

I'm in the top 10% of income earners in the wealthiest country on the planet, and usually the person serving me food is working a crap job just to make ends meet and making less in tips in a day than I make in an hour. So I've always adopted the Dave Ramsey philosophy of being "Outrageously generou...
by TX_Drew
Thu May 24, 2018 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 139
Views: 17408

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

If you loose 10%, you have to gain back the 10k plus the amoritized interest on the principal. If you pay it off, it’s like 3.7% bond plus mortgage equity payments monthly*market ROR. Not really a wrong decision, but don’t discount that freed up mortgage payment for investing over the life of the lo...
by TX_Drew
Thu May 24, 2018 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?
Replies: 139
Views: 17408

Re: Am I crazy to pay off my 30-yr fixed 3.625 mortgage?

I’m was in same situation in Jan this year. I paid off a lower mortgage rate than you, around 200k. It’s a bit surreal, but thinking of new ideas for your monthly mortgage cash flow is pretty sweet. Upping after-tax savings is pretty fun, everything else is max. No mortgage really helps me actually ...
by TX_Drew
Wed May 23, 2018 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: How long to hold 80/20 asset allocation
Replies: 58
Views: 10021

Re: How long to hold 80/20 asset allocation

Im reigniting this in lieu of all the volatility the past few months. I’m a 1980’s born millennial that didn’t experience the 2008 crash. I’m still at an 80/20 allocation and I know that the approximate 10% correction the past few months was nothing compared to 2008 or 2001 or 1987. I keep seeing 1...
by TX_Drew
Wed May 23, 2018 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Need help with debt strategy
Replies: 47
Views: 2807

Re: Need help with debt strategy

Congratulations on graduation and the starting salary; well done! Agree to read Dave Ramsey's total money makeover book. It works, just do it. Even if you want to adopt your own plan, that's fine, as long as you have a plan. Really simple advice: spend less than you make. CRAZY right?! Some points o...
by TX_Drew
Sun May 20, 2018 2:03 pm
Forum: Personal Consumer Issues
Topic: Tesla Autopilot, worth it?
Replies: 113
Views: 7611

Re: Tesla Autopilot, worth it?

I’d get the autopilot. It will help on those long trips between charger stations.

But be mindful...seems some highly publicized wrecks lately, perhaps due to autopilot. So it’s still new tech.
by TX_Drew
Sun May 20, 2018 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: How long to hold 80/20 asset allocation
Replies: 58
Views: 10021

Re: How long to hold 80/20 asset allocation

I’m 40 and at 90/10. Quite comfortable with this mix. I honestly don’t know if I’ll ever go more bonds. This doesn’t count my house which is 20% NW. I’ve invested through 2000 and 2008 crashes. I look at next crash as good buying opportunity as I throw 30%-40% annually into stocks. I wonder if you c...
by TX_Drew
Sun May 20, 2018 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Yet another mortgage question
Replies: 6
Views: 509

Re: Yet another mortgage question

Put the RSU toward mortgage. I just did the same and paid off mortgage. It feels really good to be done with that whole thing. Soon you’ll be debt free and can really crank up savings if you choose. You’ll also be hoping for rates to go up to spur better buying opportunities in stocks and real estat...
by TX_Drew
Sun May 20, 2018 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 134
Views: 9724

Re: Dave Ramsey it or keep low interest debt

I think everyone on the site can agree that any return is higher than zero. That is math we can handle. Hopefully though we can explore more than just the math and get some mental juices going. The year you financed the vehicles, did you subtract the amount you financed from the savings target you l...
by TX_Drew
Sun May 20, 2018 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: HSA account using later
Replies: 6
Views: 626

Re: HSA account using later

I’m fortunate to not need the HSA to cover annual expenses now, so I max out and invest in VTI. Probably a lot of BHs do he same, although it seems a lot of people I know in RL do not. It’s best investment account available; tax free in and tax free out. I like how you can withdrawal at any point in...
by TX_Drew
Sat May 19, 2018 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 134
Views: 9724

Re: Dave Ramsey it or keep low interest debt

Another point to the discussion, did the auto maker provide the 0%? When you bought, was there an option of 0% APR or a discount in price? When I bought my last car, there was an option between the two. I doubt any millionaire attributes their wealth to the spread on investments made vs. low APR CON...
by TX_Drew
Fri May 18, 2018 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey it or keep low interest debt
Replies: 134
Views: 9724

Re: Dave Ramsey it or keep low interest debt

I would pay off the car loans. In my opinion, it’s not APR vs. potential gains. To me it’s how you view spending. Anyone can finance cars for zero percent. But would you spend the same amount if you wrote a 58k check vs. paying monthly? Most people spend more immediately if they finance vs. cutting ...
by TX_Drew
Wed May 16, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Non-qualified Stock Options; when to sell?
Replies: 8
Views: 607

Non-qualified Stock Options; when to sell?

Hi BHs, Long time reader, first time poster. Big fan of the site, VTI, and all the shared opinions/perspectives. Thanks! I'm curious people's strategies for selling non-qualified stock options. I'm 40, been with a very profitable and growing large cap co for 17 years. NQ options vest 25% annually an...