Search found 34 matches

by greenback
Thu Dec 12, 2019 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Appraising Art Work
Replies: 18
Views: 882

Re: Appraising Art Work

My mom lives in the Memphis, TN area and has acquired quite an amount of junk over the years of picking up things here and there (her hobby is "junking"). Honestly 99.9% of this junk is just that, but I have the feeling some of these art pieces and drawings she has may be worth something. Where can...
by greenback
Fri Oct 18, 2019 7:57 am
Forum: Personal Finance (Not Investing)
Topic: I bought a STOLEN vehicle!!!
Replies: 106
Views: 15742

Re: I bought a STOLEN vehicle!!!

This is an all to common scam called VIN Cloning. As far as i'm aware, you are going to be out of the $13,000 and out of a car. Sorry you were unfortunate enough to be a victim. For what it's worth, i've read about dealerships even being taken.
by greenback
Fri Oct 04, 2019 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Credit Card information stolen
Replies: 12
Views: 1490

Re: Credit Card information stolen

Personally I would:

- Change all passwords
- Enable multi-tier authentication on all accounts
- Ask other CC companies to re-issue a new number (if even possible)
by greenback
Tue Aug 20, 2019 6:38 pm
Forum: Personal Investments
Topic: Reallocation Help
Replies: 3
Views: 250

Re: Reallocation Help

Questions like yours make me a little nervous because I wonder if there might be some unknown underlying issue that is causing you to question that this is 50% international equity exposure. However, as posted, I agree with your assessment. I can make no comment as to whether I think these funds ar...
by greenback
Tue Aug 20, 2019 3:13 pm
Forum: Personal Investments
Topic: Reallocation Help
Replies: 3
Views: 250

Reallocation Help

Hi all, I'm looking for some feedback in order to make sure I am understanding how to split equities correctly. I've been 100% US Equities across my ROTH IRA and 401K. For reasons i'd rather not debate, I have made the decision to move to 50% international and want to make sure i'll be doing this co...
by greenback
Mon Jul 08, 2019 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Invest in rental property while still renting?
Replies: 13
Views: 1204

Re: Invest in rental property while still renting?

good deal on a house has come up. I am assuming that by house you are referring to a single family home, not duplex etc. If that's the case I would be cautious because you either have 100% vacancy or 0% vacancy - and with 100% vacancy you are responsible for 100% of the mortgage payment until you c...
by greenback
Sun Apr 28, 2019 7:00 pm
Forum: Personal Investments
Topic: First time home buyer. 403b loan, or roth ira 10,000 withdrawal?
Replies: 13
Views: 1173

Re: First time home buyer. 403b loan, or roth ira 10,000 withdrawal?

For what its worth, I spoke with a few local banks and was able to get in on one of their "first time home owner" programs. This isn't the FHA, but a private program through the bank with the same concept, however, PMI goes away once 20% is paid. I was able to put 3% down, and get an interest rate o...
by greenback
Tue Mar 26, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Help with law school decision
Replies: 78
Views: 6165

Re: Help with law school decision

Is she trying for biglaw, with $160k-ish starting salaries? Does she like working about 2200 hours + per year? For years on end? Thats only 42.5 hours a week? Doesn't sound to demanding. That's billable hours -- hours you work that a client is actually paying for....which means it doesn't include t...
by greenback
Tue Mar 26, 2019 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Help with law school decision
Replies: 78
Views: 6165

Re: Help with law school decision

samsdad wrote:
Mon Mar 25, 2019 9:18 pm
Is she trying for biglaw, with $160k-ish starting salaries? Does she like working about 2200 hours+ per year? For years on end?
Thats only 42.5 hours a week? Doesn't sound to demanding.
by greenback
Fri Mar 08, 2019 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: When were you able to max out your 401k, IRAs?
Replies: 69
Views: 5677

Re: When were you able to max out your 401k, IRAs?

Almost did it last year at 24, but missed the 401k by ~$2000.

This year I set my bonus to max 401k contribution, I also received a substantial pay raise, so I should hopefully max out ROTH and 401k at 25 :sharebeer
by greenback
Thu Feb 28, 2019 2:47 pm
Forum: Forum Issues and Administration
Topic: Keep Bogleheads Free! (as in unaffiliated)
Replies: 52
Views: 6790

Re: Keep Bogleheads Free! (as in unaffiliated)

When i first started lurking on this forum I was convinced it was directly affiliated with Vanguard since that what most users talked about. Only after spending some time on the forum did I realize this is not the case. Rick I agree that it is best we starting thinking ahead about ways to remain una...
by greenback
Wed Jan 23, 2019 1:33 pm
Forum: Investing - Theory, News & General
Topic: 1st year with a rental property - hitting singles
Replies: 37
Views: 4234

Re: 1st year with a rental property - hitting singles

We hope to HELOC the finished property for 100k and purchase our next investment property all cash. Just curious why you wouldn't just take that $100k and buy a few more properties to generate income - rather than tie it up in a single property? Then HELOC those additional properties, rinse repeat.
by greenback
Fri Jan 18, 2019 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Bank Acquisition Lowering Credit Score
Replies: 6
Views: 546

Bank Acquisition Lowering Credit Score

Recently my local bank was acquired by a larger bank. They gave notice that nothing would change except the name on the building and mailing communications - which is fine and I understand. Because of this acquisition, they now own my mortgage loan. Yesterday i received notification from one of the ...
by greenback
Fri Jan 11, 2019 9:05 am
Forum: Personal Consumer Issues
Topic: MMORPG games
Replies: 63
Views: 6123

Re: MMORPG games

I've never been one for MMORPG games, I always preferred FPS. I've been playing Counter Strike since 1.6, and now regularly play Counter Strike Global Offensive!
by greenback
Fri Dec 21, 2018 2:37 pm
Forum: Investing - Theory, News & General
Topic: What will be the low for the S&P 500?
Replies: 87
Views: 8700

Re: What will be the low for the S&P 500?

My crystal ball tells me 2100.
by greenback
Fri Dec 07, 2018 10:57 am
Forum: Personal Finance (Not Investing)
Topic: What are your property taxes?
Replies: 375
Views: 24254

Re: What are your property taxes?

$10,750/year on a 3129 sq. ft. home. Market value about 380k. CT. Good schools; not much industry/business in a suburban to rural town $3,500/year on a 1024 sq. Market value about 120k. CT. I find it very interesting that I am paying a third of your taxes for a home a third of the size and value. I...
by greenback
Tue Nov 27, 2018 3:34 pm
Forum: Personal Consumer Issues
Topic: Dual Monitor Set up
Replies: 52
Views: 3423

Re: Dual Monitor Set up

I've had 2 identical 23"or 24" (I forget) Dell monitors for years now. I think I paid ~$130 each back then, so i'm sure they are much cheaper now. In the majority of cases you don't need anything high end, unless you'll be doing 4K watching/video editing. You WILL need a graphics card that can not o...
by greenback
Tue Nov 27, 2018 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Financial goals for 2019 (specific)
Replies: 86
Views: 8726

Re: Financial goals for 2019 (specific)

Not necessarily in this order, however:

- Grow 3 month emergency fund to 6 months
- Max out 401k
- Max out ROTH
- Keep credit card debt at $0
- Start taxable account
by greenback
Tue Nov 27, 2018 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Employeer taking vacation days on public holidays - is this legal or normal?
Replies: 99
Views: 8064

Re: Employeer taking vacation days on public holidays - is this legal or normal?

I have seen a situations where employers do not pay holidays, so if you want to get paid that day you must use vacation time.

I have also seen situations where they will not pay you for a holiday if you do not work the day before/after the holiday.
by greenback
Thu Nov 15, 2018 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Embarrassing simple calculation question
Replies: 16
Views: 1243

Re: Embarrassing simple calculation question

Apparently, this is isn't embarrassingly simple. :) I agree with Abe. Greenback, I agree with your initial statement, but you have to be careful splitting up a return across time domains. Compounding comes into play. ... I had a feeling compounding was going to come into play somewhere! I guess you...
by greenback
Thu Nov 15, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Embarrassing simple calculation question
Replies: 16
Views: 1243

Re: Embarrassing simple calculation question

You're not actually getting 2.325% since it is only a 8 week bill. You get the 2.325% discount on a 52 week bill. So: 2.325% / 52 weeks = 0.0447% per week 8 weeks * 0.0447% = 0.3577% over 8 weeks 20,000 * 0.3577% = $71.54 $20,000 - $71.54 = $19928.46 This is still off by $2.99 but i'm attributing th...
by greenback
Thu Nov 15, 2018 10:20 am
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 114
Views: 8279

Re: Are you all staying the course?

I'm 100% equities (excluding emergency fund) and am staying the course. To me the recent volatility isn't a concern as I have 35-40 years ahead of me before I need the money.
by greenback
Fri Oct 26, 2018 9:42 am
Forum: Investing - Theory, News & General
Topic: What's everyone currently in?
Replies: 93
Views: 9295

Re: What's everyone currently in?

401K - 100% State Street SP500
Vanguard - 100% VTSAX
by greenback
Mon Oct 22, 2018 3:44 pm
Forum: Investing - Theory, News & General
Topic: Shouldn't Fridays be higher than average due to 401k contributions?
Replies: 44
Views: 3387

Re: Shouldn't Fridays be higher than average due to 401k contributions?

It's my understanding that the purchase is actually initiated at market close on the chosen date. Meaning that "buying on Friday" one would actually buy on Friday AFTER market close.
by greenback
Wed Oct 17, 2018 11:55 am
Forum: Personal Investments
Topic: advice on first home
Replies: 28
Views: 1881

Re: advice on first home

You mention your interest rate would be about 5.5% solely due to the fact you don't have 20% down. If I were in your shoes I would shop around! In October of 2017 I was able to get a 3.25% interest rate with only 3% down, a first time homeowner loan from a local bank. Just because you don't have 20...
by greenback
Tue Oct 16, 2018 2:54 pm
Forum: Personal Investments
Topic: advice on first home
Replies: 28
Views: 1881

Re: advice on first home

You mention your interest rate would be about 5.5% solely due to the fact you don't have 20% down. If I were in your shoes I would shop around! In October of 2017 I was able to get a 3.25% interest rate with only 3% down, a first time homeowner loan from a local bank. Just because you don't have 20%...
by greenback
Mon Oct 08, 2018 11:54 am
Forum: Personal Consumer Issues
Topic: What purchase saved you the most money?
Replies: 136
Views: 13846

Re: What purchase saved you the most money?

Building a home gym! I used gift cards and rewards points to get my total spending down to $220 - Power Rack, Bench, Barbell & Weights. This paid for itself in 7 months by eliminating a $33/mo gym membership to use the same exact equipment. Not to mention all the time saved commuting, waiting for we...
by greenback
Fri Oct 05, 2018 2:50 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12575
Views: 2177118

Re: U.S. stocks in freefall

I hope you're not mistaken. I'm still accumulating and would love to buy more at cheaper prices instead of these heady valuations. Be careful what you wish for. Why? Harvest some losses, pay less taxes, accumulate more shares, historically result in a better/earlier retirement. 10-15% shouldn’t kil...
by greenback
Thu Sep 27, 2018 12:25 pm
Forum: Personal Consumer Issues
Topic: How to buy a mattress
Replies: 62
Views: 7342

Re: How to buy a mattress

HEDGEFUNDIE wrote:
Tue Sep 25, 2018 1:51 pm
Negotiate negotiate negotiate!

Mattress profit margins are outrageous. If you decide to buy in the store, shamelessly ask for 30% off.
As HEDGEFUNDIE said, profit margins are outrages - this allows stores to offer no-credit financing! If you go in with cash, you can get a deep discount.
by greenback
Thu Sep 20, 2018 8:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 3004
Views: 288908

Re: U.S. stocks continue to soar!

Dow and S&P 500 soaring to new highs. Enjoying the ride. Wonder when will this end and don’t want to think about that😁 Not a good thing if you're in accumulation phase. But if you're close to your target to retire, then I'd raise my glass to you :beer I can relate to your comment more than i'd like...
by greenback
Wed Sep 05, 2018 10:13 am
Forum: Personal Investments
Topic: Portfolio Advice - 24 y/o planning
Replies: 1
Views: 266

Portfolio Advice - 24 y/o planning

Hi all, Long time lurker here finally ready to post. I'm looking for some opinions about my plans/current allocation and more specifically am I thinking about things the right way. Below is some information that may be helpful. Thanks in advance! Tax Filing Status: Single Tax Rate: 22% Federal, 5.5%...
by greenback
Fri Aug 17, 2018 8:10 am
Forum: Personal Consumer Issues
Topic: How much did you pay to relocate laundry from basement to upstairs?
Replies: 23
Views: 2546

Re: How much did you pay to relocate laundry from basement to upstairs?

Laundry room sits off the living room and is the passageway to the garage. The one major design flaw in our house is that the laundry door and the garage access door swing through the same place. To get into the garage through the laundry, you have to walk into the laundry room, close the laundry d...