Search found 381 matches

by sd323232
Mon May 25, 2020 5:33 pm
Forum: Personal Consumer Issues
Topic: New Vehicle: Forester or Rav4 for boglehead couple
Replies: 46
Views: 1766

Re: New Vehicle: Forester or Rav4 for boglehead couple

both are good, you cant go wrong here. i would choose RAV4 cause it is toyota.
by sd323232
Mon May 25, 2020 5:09 pm
Forum: Personal Investments
Topic: Taxable account has higher returns?
Replies: 9
Views: 516

Re: Taxable account has higher returns?

The max limit for a roth 401k is $19500 and IRA is $6000 per year Combined that is $25500 max limit per year. Taxable accounts have no limits. So if I'm investing $10k per month, I'll have way more money invested annually in the stock market correct? Even after paying the 15% long term capital gain...
by sd323232
Mon May 25, 2020 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Worried about sibling financial future
Replies: 31
Views: 3782

Re: Worried about sibling financial future

Maybe some BHs have similar situation.... I have one older sibling, early 40s, married 20+ years. Still lives in same small-ish town we grew up in. Honestly, I am not really close to this sibling. Only communication would be during the holidays, or maybe the occasional happy birthday text. I apolog...
by sd323232
Mon May 25, 2020 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 100
Views: 5206

Re: Investors: be aware of weakness in 2FA + strengthening

From what I have read, it is more difficult to SIM swap Verizon phones vs other phones. I'm not sure how true it is, but they say that the network verifies the IMEI of your phone with their records, which makes SIM swapping harder. Source: https://www.vice.com/en_us/article/kz438w/verizon-makes-sim...
by sd323232
Mon May 25, 2020 5:40 am
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 100
Views: 5206

Re: Investors: be aware of weakness in 2FA + strengthening

the only solid 2FA is when you use google authenticator. 2FA using a phone is very weak and can be hacked. So be very careful Google Authenticator doesn't offer backup. Authy does. Dang, i never heard of authy, but i went to their website and im switching to them, they look like superior google aut...
by sd323232
Sun May 24, 2020 10:04 pm
Forum: Personal Consumer Issues
Topic: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!
Replies: 70
Views: 2574

Re: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!

Sorry OP. You are broke, deep in debt and our economy is having a crisis and you want to buy a new BMW for your parents. You have a serious crisis and should work on your finances before buying someone else a new car. If they need a car get them a used car you can pay in cash. Gotta agree with this...
by sd323232
Sun May 24, 2020 7:50 pm
Forum: Personal Consumer Issues
Topic: Does software play a role in choosing TV
Replies: 25
Views: 1097

Re: Does software play a role in choosing TV

i barely use TV software, i have PS4 as my media device, will by PS5 when it comes out later this year.
by sd323232
Sun May 24, 2020 7:19 pm
Forum: Personal Consumer Issues
Topic: Pandemic buys that have improved quality of life?
Replies: 70
Views: 5441

Re: Pandemic buys that have improved quality of life?

toilet bidet. best purchase ever. now i dont care about toilet paper shortages
by sd323232
Sun May 24, 2020 3:44 pm
Forum: Personal Consumer Issues
Topic: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!
Replies: 70
Views: 2574

Re: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!

Why not to show up with 38K in cash to dealership, they will take it. Done deal. No they won’t they’ll laugh and say have a nice day. You have no idea how business works in 2020. How business works to benefit the car salesmen and not the buyers? Are you a car salesman and my comment hurt your feeli...
by sd323232
Sun May 24, 2020 1:20 pm
Forum: Personal Consumer Issues
Topic: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!
Replies: 70
Views: 2574

Re: First Time Car Buyer Needs Help. HELP ME PLEASE! Thank you!

Why not to show up with 38K in cash to dealership, they will take it. Done deal.
by sd323232
Sun May 24, 2020 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: Investors: be aware of weakness in 2FA + strengthening
Replies: 100
Views: 5206

Re: Investors: be aware of weakness in 2FA + strengthening

the only solid 2FA is when you use google authenticator. 2FA using a phone is very weak and can be hacked. So be very careful
by sd323232
Sun May 24, 2020 12:30 pm
Forum: Personal Investments
Topic: Dollar Cost Averaging - How long?
Replies: 14
Views: 1157

Re: Dollar Cost Averaging - How long?

why not go all in. 2nd stimulus is on the way, im sure there will be at minimum 4-5 stimulus total. Dow jones hitting 30K this year is good possibility.
by sd323232
Sun May 24, 2020 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Advice Needed regarding debt
Replies: 39
Views: 2779

Re: Advice Needed regarding debt

Thank you for your replies. She has been reluctant to share the extent of her issues and over the past 3 months we have been learning the extent of the problem. This past weekend she was going to share the information regarding the accounts in collection but recognized that my sister was too sick t...
by sd323232
Sun May 24, 2020 6:59 am
Forum: Personal Consumer Issues
Topic: Tips to stick to a weight loss diet?
Replies: 81
Views: 3786

Re: Tips to stick to a weight loss diet?

Losing weight is 5% knowledge, and 95% behavioral, just like building up your networth (spend less than what you make). There is no trick, no secret, its straightforward. You need to have caloric deficit. Consume less calories then your body burns. First you need to find how much calories you burn o...
by sd323232
Sat May 23, 2020 8:22 pm
Forum: Personal Consumer Issues
Topic: Mobile scanner: Why not?
Replies: 16
Views: 1140

Re: Mobile scanner: Why not?

i have a mobile scanner, my phone
by sd323232
Sat May 23, 2020 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Designing a Better Life At Age 40
Replies: 15
Views: 2598

Re: Designing a Better Life At Age 40

Considering your salary and your networth , you have a very expensive lifestyle. Is your family ok with you taking lower paying job and downgrading lifestyle? I mean, i know alot of people who went to a lower paying job only to comeback to high stress, high paying job back because their spouses real...
by sd323232
Sat May 23, 2020 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Approaching 40, worried about financial future
Replies: 107
Views: 9752

Re: Approaching 40, worried about financial future

Thanks everyone for your responses. To clarify, we are married. 'traditional' family structure. I was not precise enough in that wording. Kids are 9, 11 and 14. Sensitive topic as to her working. The house we are selling (but still own) is valued at 400k. The house we have bought and where we now l...
by sd323232
Sat May 23, 2020 6:09 pm
Forum: Personal Consumer Issues
Topic: Personal spending out of control after Covid-19
Replies: 118
Views: 8622

Re: Personal spending out of control after Covid-19

Since the pandemic erupted, and the kids have been home alone with me while my wife goes off to work, I find I'm drinking more and spending more time shopping online. In the past month, I've spent a ridiculous amount of money replacing a tree that had been bothering me since we moved into the house...
by sd323232
Sat May 23, 2020 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you change passwords on your investment accounts?
Replies: 35
Views: 1958

Re: How often do you change passwords on your investment accounts?

I imported my 1099 into TurboTax and had to provide my username and password. Afterwards I changed my password and then realized I probably don't cycle through new passwords as much as I should. :oops: :shock: How often do you change the passwords on your investing accounts? Thanks! every two years.
by sd323232
Fri May 22, 2020 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance question
Replies: 4
Views: 351

Re: Auto Insurance question

Adult child who lives out of state and maintains and will continue to maintain apartment out of state. Out of state driver's license. Doesn't own a vehicle. Has moved back for several months due to Corona virus concerns. Expect her to stay till fall maybe longer. We occasionally let her use our veh...
by sd323232
Fri May 22, 2020 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Financial advice for undertaking a PhD
Replies: 41
Views: 2156

Re: Financial advice for undertaking a PhD

I've never had a Ph.D. student who finished past the age of 30. I have encountered a few- very few. What goes wrong for older students? I observed the same thing during my PhD program. As we get older, over 30, people realize we dont really have that much in our life time. What looked like a good i...
by sd323232
Fri May 22, 2020 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Advice Needed regarding debt
Replies: 39
Views: 2779

Re: Advice Needed regarding debt

Thank you for your replies. She has been reluctant to share the extent of her issues and over the past 3 months we have been learning the extent of the problem. This past weekend she was going to share the information regarding the accounts in collection but recognized that my sister was too sick t...
by sd323232
Fri May 22, 2020 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Financial advice for undertaking a PhD
Replies: 41
Views: 2156

Re: Financial advice for undertaking a PhD

Hi there, I am 34 yrs old and thinking of undertaking a 5-year PhD program. I think the PhD is right for me and offers me a valuable "next step" in my life and career, and aligns me more with what I ultimately want to do. I am thinking through the financial side of the decision to do a PhD and how ...
by sd323232
Fri May 22, 2020 5:03 am
Forum: Personal Investments
Topic: What to do with cash?
Replies: 29
Views: 4043

Re: What to do with cash?

48K on a car? dang man, you can invest that in real estate and make some passive income stream instead. throwing that much on a car is basically burning all that cash.
by sd323232
Fri May 22, 2020 4:58 am
Forum: Personal Consumer Issues
Topic: Discarding Music CDs
Replies: 84
Views: 5681

Re: Discarding Music CDs

I have some music CDs that I'd like to either trash or just sell as one lot. If I should decide - in ten, or twenty, or thirty years time - that I really want to hear one of those songs, is it safe to assume I'd be able to hear it digitally in as good a quality as the CD? I know there are lots of m...
by sd323232
Thu May 21, 2020 6:41 pm
Forum: Personal Investments
Topic: Portfolio Review (first time): 31 & hoping to finally take control of finances
Replies: 29
Views: 1482

Re: Portfolio Review (first time): 31 & hoping to finally take control of finances

Emergency funds : Working on it. I have about 1.5 months expenses in a savings account at a local bank (0.01% interest) that I’m hoping to move to a high yield account at some point soon. I also have $12,000 in contributions in Roth IRA. Debt : Student Loan Debt: $6,940 at 6.25% interest — Repaymen...
by sd323232
Thu May 21, 2020 11:36 am
Forum: Personal Consumer Issues
Topic: Experience with subscription management apps / websites?
Replies: 3
Views: 155

Re: Experience with subscription management apps / websites?

i have been getting all my magazines from discountedmags.com. Been using it for many years, never had any problems. Love it, only one place to update my address and place my orders.
by sd323232
Thu May 21, 2020 9:39 am
Forum: Personal Consumer Issues
Topic: Do you dislike recurring billing for gyms?
Replies: 68
Views: 3392

Re: Do you dislike recurring billing for gyms?

Once gyms reopen, I was going to join LA Fitness. They have pretty good monthly rates, except... Recurring monthly charges must be paid by electronic funds transfer from your checking or savings account or automatic transfer from an accepted credit or debit card. There's no way I'm letting some com...
by sd323232
Thu May 21, 2020 5:26 am
Forum: Personal Investments
Topic: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call
Replies: 95
Views: 11317

Re: Moved all Retirement Plans to Cash Last Wed Based on Tepper's Call

I have read some variant of this thread many, many times, but here goes. I went all cash in my retirement plans (401a,403b,457b) based on Tepper's call last Wed, that the market is the most overvalued he's ever seen except in 1999. His arguments made a lot of sense (also the bearish sentiments of D...
by sd323232
Wed May 20, 2020 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: How did you determine your target savings rate?
Replies: 109
Views: 4581

Re: How did you determine your target savings rate?

I save what I don’t spend. Not the other way around. Your mileage may vary. So you spend first and only save what's left? I hope that works out well for you. It doesn't work out well at all for most who use that approach. Correct. I don’t have a budget. I do have a high income, however, and had sav...
by sd323232
Wed May 20, 2020 12:40 pm
Forum: Personal Investments
Topic: Really stupid question re: Capital Gains
Replies: 10
Views: 732

Re: Really stupid question re: Capital Gains

A sincerely embarrassing question and maybe I’m having a mental “moment” but I am trying to understand the taxation of capital gains. I am trying to pair down some taxable accounts. When I look at capital gains Cost basis they state: Total cost of $22000 Market value as of today $66000 and long ter...
by sd323232
Tue May 19, 2020 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Need help from NYC Real Estate Experts!!!
Replies: 35
Views: 2888

Re: Need help from NYC Real Estate Experts!!!

Hi Guys, I am a guy in mid 30 looking to buy a pied-a-terre condo in NYC. I am looking for a condo (not a co-op) with budget of less than 1 mil and as cheap of maintenance/tax as possible. The reason I am looking for a place is because I've been sent to rural NY due to job reason and boredom during...
by sd323232
Tue May 19, 2020 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Student debt vs investing
Replies: 37
Views: 1956

Re: Student debt vs investing

i would always pay of all debt before investing. i know you can play percentage game, but thats what i would do.
by sd323232
Tue May 19, 2020 5:11 am
Forum: Investing - Theory, News & General
Topic: New normal in the markets
Replies: 10
Views: 1345

Re: New normal in the markets

What is the new normal? I.e. how do we mathematically factor in the help from the govt to prop up the stock market? I'll try my best to explain below and hopefully others can help me to define my question as needed. I'm looking for a math based estimated answer: Feds injected 3tn into the market to...
by sd323232
Mon May 18, 2020 5:56 am
Forum: Personal Finance (Not Investing)
Topic: I work remote: Is buying a home away from a major city a major risk?
Replies: 39
Views: 4280

Re: I work remote: Is buying a home away from a major city a major risk?

Some background: I have been in a current job since January as a remote worker in IT Compliance. My employer (A technology company) has a long history of having a highly remote workforce. We have recently started to really like the Northern, AZ area and have started to seriously think of buying a h...
by sd323232
Sun May 17, 2020 8:37 pm
Forum: Personal Consumer Issues
Topic: WFW (Work from Wherever)
Replies: 70
Views: 6291

Re: WFW (Work from Wherever)

I will also be watching companies that announce WFH friendly policies like Twitter. The more the tech industry goes that way, easier for us to request it even after the pandemic is gone and forgotten. In my next job, i will ask for work from home, and will only consider job offers that will give me...
by sd323232
Sun May 17, 2020 1:33 pm
Forum: Personal Investments
Topic: Saving for a home with student loans
Replies: 12
Views: 746

Re: Saving for a home with student loans

$175k pretax, married filing jointly, saving $0 towards 401k, and contributing $0 towards health insurance leaves you with about $127k after tax income. Tough to live on $27k ... I meant pre-tax. I'm not going to calculate OP's take home pay because I don't have enough information do that. $27k pos...
by sd323232
Sun May 17, 2020 8:41 am
Forum: Personal Consumer Issues
Topic: How did you feel after giving notice to retire?
Replies: 52
Views: 4286

Re: How did you feel after giving notice to retire?

Assume you have enough money to retire with a very conservative asset allocation. Is it normal to have conflicting thoughts? Second guessing yourself. Maybe about how much money you are leaving on the table. Feelings of separation and loss. Can anyone relate to this? Francis If you working for a go...
by sd323232
Sat May 16, 2020 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of buying a boat during pandemic – am I CRAZY?
Replies: 80
Views: 5322

Re: Thinking of buying a boat during pandemic – am I CRAZY?

buy the boat, this will be good for our economy.
by sd323232
Thu May 14, 2020 5:07 am
Forum: Personal Finance (Not Investing)
Topic: $2 million dollar house pre requisites
Replies: 109
Views: 9737

Re: $2 million dollar house pre requisites

Edge215 wrote:
Sat May 09, 2020 1:40 pm
If someone wanted to buy a $2 million dollar house in a HCOLA, what would be the pre requisites needed in order to gain the boglehead Seal of approval ?
That someone will need 2 million cash, so he can buy house cash with no mortgage.
by sd323232
Wed May 13, 2020 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 30. Living 30s without regrets
Replies: 87
Views: 9407

Re: Turning 30. Living 30s without regrets

you cant avoid regrets.

If you are gonna be frugal in your 30s, you will regret that you didnt spend much on yourself and didnt really enjoy your money.
If you are not gonna be frugal in your 30s, you will regret that you did not save enough money.

Cant win situation here.
by sd323232
Wed May 13, 2020 10:53 am
Forum: Personal Consumer Issues
Topic: WFW (Work from Wherever)
Replies: 70
Views: 6291

Re: WFW (Work from Wherever)

People who were able to WFH for the past two months are being asked to extend WFH until the fall or winter. I was thinking, how often do we regular office workers who weren't able to WFH before get the opportunity to WFW (work from wherever). Is anyone planning to work from different cities/countri...
by sd323232
Tue May 12, 2020 8:51 am
Forum: Personal Finance (Not Investing)
Topic: Setting up wife after devorce
Replies: 45
Views: 5900

Re: Setting up wife after devorce

Another reason not to get married. Divorce at age 64, and now you have to give her your hard earned money. Let her manage it herself, not your problem. I take it you are not married. A marriage is a legal partnership. The latter word weighs heavily in the eyes of the law. There is no "me" or "yours...
by sd323232
Mon May 11, 2020 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: post covid 19 office work - was coronavirus a game changer for telecommunting?
Replies: 48
Views: 3654

Re: post covid 19 office work - was coronavirus a game changer for telecommunting?

For the "traditionalist" companies, what people are missing is that the competition for talent will force their hand to keep WFH if they want to attract the best people. Absolutely. I think my employer is already seeing this, as there has been pushback since last week when "upper management" was to...
by sd323232
Mon May 11, 2020 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Setting up wife after devorce
Replies: 45
Views: 5900

Re: Setting up wife after devorce

what is your overall networth? legally, you wife is entitled to 50% of that, so if networth is 5 mil, she gets 2.5 mil. Do you know which state the OP lives in? If so, are you familiar with the particular divorce laws of that state? And if so, are you familiar with the breakdown of the OP’s assets ...
by sd323232
Mon May 11, 2020 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Setting up wife after devorce
Replies: 45
Views: 5900

Re: Setting up wife after devorce

what is your overall networth? legally, you wife is entitled to 50% of that, so if networth is 5 mil, she gets 2.5 mil. Do you know which state the OP lives in? If so, are you familiar with the particular divorce laws of that state? And if so, are you familiar with the breakdown of the OP’s assets ...
by sd323232
Mon May 11, 2020 7:32 am
Forum: Personal Consumer Issues
Topic: Password vault or generator?
Replies: 74
Views: 3916

Re: Password vault or generator?

I don't understand how such things can be secure. Can't someone bust into one website and get all your passwords? I favor leaving the passwords on scraps of paper in the bolted to the floor safe, very heavy. All data is encrypted with 256 bit encryption which will take 30 (add additional 49 zeros h...
by sd323232
Sun May 10, 2020 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Setting up wife after devorce
Replies: 45
Views: 5900

Re: Setting up wife after devorce

My wife of 41 years has decided to split. She is 64. We are good friends and I want her to make it. I'm giving her 120000 from my Ira to hers, I' also paying off 60000 in loans that I did not know about. This is one reason we are going separate ways. You think this is a good plan for her. 320000 in...
by sd323232
Sun May 10, 2020 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: post covid 19 office work - was coronavirus a game changer for telecommunting?
Replies: 48
Views: 3654

Re: post covid 19 office work - was coronavirus a game changer for telecommunting?

I do think it will open the door a bit. I see more workers shifting to 20% or 40% at home, rather than completely full time. Or maybe companies see how much they can save on office space and this will be a major turn in telecommuting. well, if it means i will be going to the office twice a week max...
by sd323232
Sun May 10, 2020 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: $5k - $7k to replace engine, or get something else? (loan on car)
Replies: 105
Views: 6302

Re: $5k - $7k to replace engine, or get something else? (loan on car)

dang, acura that needs a new engine, i dont think i will live to the day i will see something like that, looks like i will cross acuras from my buying list, that will leave only toyota on there