Search found 309 matches

by Quirkz
Wed May 27, 2020 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford a new home?: FI vs YOLO
Replies: 12
Views: 1173

Re: Can we afford a new home?: FI vs YOLO

Normally, this is a question about prioritization, trading off one want for another. If you wanted to retire early, it might be a tough question. But since you want to keep working for years, there's no reason not to spend the money. You don't spend much, you've already got enough to retire, so if y...
by Quirkz
Wed May 27, 2020 10:49 am
Forum: Investing - Theory, News & General
Topic: Anybody do any GOOD timing the market?
Replies: 96
Views: 4841

Re: Anybody do any GOOD timing the market?

I've come out ahead by timing. Once. By about $2000. I had a sort of "fear of heights" panic and sold, coincidentally on the day that the late 2018 market really started to tank. My transaction didn't go through until after the Dow had dropped $1k that day, but it continued to drop. Because it was i...
by Quirkz
Tue May 26, 2020 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 367
Views: 28779

Re: The axe falls and I am prepared. What's next?

Klang,

Sorry to hear the news. But it's clear you took this potentiality to heart years ago and were thoroughly prepared for it, so in that respect I'd say you've done well. Enjoy some well-earned relaxation.
by Quirkz
Tue May 19, 2020 5:33 pm
Forum: Personal Consumer Issues
Topic: Engagement Ring Help
Replies: 68
Views: 2941

Re: Engagement Ring Help

I'll admit after 13 years of marriage, the rings have been pretty insignificant to us, and the tradition around them seems more like a very unnecessary and expensive ... well, I don't know that I'll quite say "scam" but something just short of that. I got all geared up to buy one way back when, but ...
by Quirkz
Mon May 18, 2020 10:59 am
Forum: Personal Consumer Issues
Topic: Drop Box Question
Replies: 19
Views: 1399

Re: Drop Box Question

I've got the free version of Dropbox. Using their web site interface, if I hover the mouse over the line-item a "share" pulldown is visible. Is it not for you? Alternately, I can check the box to the left of the line and then on the far right some tools become available, including a Share pulldown....
by Quirkz
Thu May 14, 2020 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Home Refinancing advice?
Replies: 4
Views: 429

Re: Home Refinancing advice?

I then read about rolling those costs into the monthly payment, and if thats the case, does that make for a good choice in my situation? Rolling the closing costs in is taking on debt. It of course depends on the actual numbers, but if it costs you $3k, say, and you save $100/month on your mortgage...
by Quirkz
Thu May 14, 2020 10:05 am
Forum: Personal Consumer Issues
Topic: What will you do this summer of 2020 [to keep young kids active?]
Replies: 11
Views: 1316

Re: What will you do this summer of 2020 [to keep young kids active?]

Our kids are on the young side (6 and 8). - Just bought them a hammock. They seem to be able to spend hours in it. - We also ordered an inflatable kayak for some lake boating - Hikes in natural areas with adequate space - We'll probably continue some of the online learning tools we've been using for...
by Quirkz
Thu May 14, 2020 9:57 am
Forum: Personal Consumer Issues
Topic: Drop Box Question
Replies: 19
Views: 1399

Re: Drop Box Question

I've got the free version of Dropbox.

Using their web site interface, if I hover the mouse over the line-item a "share" pulldown is visible. Is it not for you?

Alternately, I can check the box to the left of the line and then on the far right some tools become available, including a Share pulldown.
by Quirkz
Wed May 13, 2020 9:49 am
Forum: Personal Finance (Not Investing)
Topic: How to consider home improvement expenses
Replies: 25
Views: 1282

Re: How to consider home improvement expenses

I'll contradict most of what folks are saying. I bought a house last year that needed major renovations. I put $125k + into new wiring, plumbing, HVAC, water heater, and remodeling rooms with custom materials, but as stylistically neutral as possible. I put just 10% down for the purchase to make su...
by Quirkz
Tue May 12, 2020 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Buying Used Car for Son
Replies: 20
Views: 1234

Re: Buying Used Car for Son

I asked a similar question about half a year back, and I'd say the results were nearly a 50-50 split between those who preferred miles and those who preferred years. I decided in my case the years would probably be a bigger hit in terms of age or expense before I was done with the car. I was buying ...
by Quirkz
Thu May 07, 2020 2:27 pm
Forum: Personal Investments
Topic: Rather new to investing and have 100k to play with
Replies: 13
Views: 724

Re: Rather new to investing and have 100k to play with

Echoing all the others. Investments are best handled passively and broadly. Buy the whole market, wash your hands of the matter, and wait. If you want to play around at something while losing a bit of money, just pick up a hobby. Golf, collectibles, homebrewing, flying airplanes, whatever you like. ...
by Quirkz
Thu May 07, 2020 2:07 pm
Forum: Personal Consumer Issues
Topic: Home brewing recommendations
Replies: 25
Views: 1250

Re: Home brewing recommendations

Looks like you're getting great responses. The below comes really close to what I was going to say, so I just second it. I highly recommend "How to Brew" by John Palmer. The first edition is free online and the fourth edition is $15 . It really does have everything you need to know to get started, a...
by Quirkz
Thu May 07, 2020 11:44 am
Forum: Personal Finance (Not Investing)
Topic: Recommendations for business bank account for LLC?
Replies: 25
Views: 2294

Re: Recommendations for business bank account for LLC?

It's been a year, but I wanted to follow up at the conclusion. Short of it is I do not recommend Small Business Bank. In fact, I never managed to fully activate an account with them. I would fill out forms, think I was done, and then find out later that something else needed to be completed, but in ...
by Quirkz
Thu May 07, 2020 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Choosing not to correct all billing/financial errors
Replies: 68
Views: 4594

Re: Choosing not to correct all billing/financial errors

I absolutely think it's worth weighing your time and money against the financial repair. If you have the time to spare, or the value is high enough, it may be worth it. I drove back to the grocery store the other week to retrieve a $20 item left in a cart, even though it took me half an hour, but I ...
by Quirkz
Fri Apr 24, 2020 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: How much more will I actually make in a new job?
Replies: 15
Views: 1466

Re: How much more will I actually make in a new job?

The IRS rate for the car covers gas, insurance, and wear and tear. It is not anywhere near covering your personal cost. I'm going to guess that's 3 hours you lose every day you drive, which between work, essentials, and sleep, is going to cut your free time on those days in half, if not down to near...
by Quirkz
Wed Apr 15, 2020 10:28 am
Forum: Personal Finance (Not Investing)
Topic: IRS Get My Payment up and running
Replies: 369
Views: 24347

Re: IRS Get My Payment up and running

Neat tool. I'd checked the bank yesterday and didn't see anything, but the IRS says they're depositing today.
by Quirkz
Fri Apr 10, 2020 9:34 am
Forum: Investing - Theory, News & General
Topic: How long after starting investing, did you start to be happy about the power of compounding?
Replies: 92
Views: 6076

Re: How long after starting investing, did you start to be happy about the power of compounding?

Never, really. Because I invest/save 10x at 49 than I did at 29. What do you mean? That you don't really see the power of compounding because you are able to invest way more than 20 years ago, so your own money is "stronger" than the compounding you are benefiting from you right now? Can't speak fo...
by Quirkz
Wed Apr 08, 2020 1:50 pm
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16353

Re: What percentage of your paycheck do you invest?

Man, a tough question if comparisons might unsettle you. We're at 11%, but I get a 10% match from work, depending on whether you want to count that. We're single income, two young kids, still have a mortgage. We are putting away a bit more for college funds, and the mortgage definitely isn't "invest...
by Quirkz
Mon Apr 06, 2020 1:26 pm
Forum: Personal Investments
Topic: Rebalancing mistakes
Replies: 44
Views: 2017

Re: Rebalancing mistakes

In your shoes I would have a hard time rebalancing "against the grain" or whatever you want to call it. Even though it's counter to your AA, I'd probably sit tight. Not sure about selling bonds to buy stocks - you're going to ask yourself if that's really okay to violate your explicit plan that badl...
by Quirkz
Thu Apr 02, 2020 3:35 pm
Forum: Investing - Theory, News & General
Topic: Buying only top 10 S&P500 companies every year
Replies: 55
Views: 3354

Re: Buying only top 10 S&P500 companies every year

Seems like an awful lot of patterns are discovered in the stock market via backtesting, but as soon as they are discovered, they stop working. That's not really surprising at all. The thing is, those patterns aren't real. Someone dreams up 500 different angles to test, finds one that just happens t...
by Quirkz
Thu Apr 02, 2020 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: COVID-19 Stimulus Payment Issue
Replies: 86
Views: 7814

Re: COVID-19 Stimulus Payment Issue

My son has a situation which I am sure must be fairly common. He qualifies for a payment based on his 2018 income but will not qualify based on his 2019 income. I think you got your answer, but my honest guess is this not a very common situation. One, the cutoffs are somewhere around the 80th perce...
by Quirkz
Mon Mar 30, 2020 12:22 pm
Forum: Personal Consumer Issues
Topic: How to get Toilet Paper ? seriously.
Replies: 684
Views: 55579

Re: How to get Toilet Paper ? seriously.

We successfully had some TP delivered from Amazon yesterday. I think we tried to order it several weeks ago, right as things started to lock down. Original estimate for delivery was late April, but I think after some initial chaos Amazon's gears are moving again. I've also heard reports locally of m...
by Quirkz
Fri Mar 27, 2020 1:38 pm
Forum: Investing - Theory, News & General
Topic: So, Where Are You *Back* To in Time? (And Were You Happy Then?)
Replies: 63
Views: 3812

Re: So, Where Are You *Back* To in Time? (And Were You Happy Then?)

Great insight, iceport. Frankly, I don't know how far back I've slipped. I was "maybe 15 or 20 years away" in January, and I still am. There's no reason to watch that closely, but I'm also not really worrying about it much. I had coincidentally rebalanced a little just before the first drops, and th...
by Quirkz
Fri Mar 27, 2020 12:16 pm
Forum: Personal Investments
Topic: I am 16, Bogleheads help me be rich one day
Replies: 114
Views: 7880

Re: I am 16, Bogleheads help me be rich one day

MiloMoney wrote:
Thu Mar 26, 2020 6:24 pm
You have great advice but a terrifying avatar.
Hah. I've got a soft spot for Pinky and the Brain, one of the funniest cartoon bits of the 90's. But maybe it's not a good overlap with serious financial discussions.
by Quirkz
Thu Mar 26, 2020 11:55 am
Forum: Personal Investments
Topic: I am 16, Bogleheads help me be rich one day
Replies: 114
Views: 7880

Re: I am 16, Bogleheads help me be rich one day

I think all would agree here that there is a basic and unavoidable level of education that must be mastered for nearly everyone to function most effectively. Despite what you might think now, at 16 years of age you are far, far away from this level of competence. This stuff must be learned (or rele...
by Quirkz
Tue Mar 17, 2020 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Is this a great time to get divorced?
Replies: 11
Views: 1390

Re: Is this a great time to get divorced?

What am I missing? The higher the value of your account, the more you would get even with giving her half. Yeah. This is clearly spiteful scheming, but I'm not sure there's any particularly good financial logic behind it. It's probably the exact same number of shares in either case. Half is half, r...
by Quirkz
Tue Mar 17, 2020 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Should we wait to refinance?
Replies: 2
Views: 485

Re: Should we wait to refinance?

Well, part of it depends on your current rate, to know how much a refi will save you. But I did notice yesterday that rates appeared to have gone up lately. I think it's related to all the uncertainty. But that uncertainty of course means we have no idea what's coming. That said I find it hard to se...
by Quirkz
Thu Mar 05, 2020 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Employer / Manager difference in vacation time policies
Replies: 57
Views: 3770

Re: Employer / Manager difference in vacation time policies

I'm with TN_boy above. It's great that you got your first goal cleared and can take this vacation, but a policy that robs you of half of your future vacation is still a major issue. I don't think I'd be able to calmly kick that can down the road and sort it out next time. I mean, given more time, ma...
by Quirkz
Wed Mar 04, 2020 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Refi - walk me through this pls
Replies: 34
Views: 2413

Re: Refi - walk me through this pls

The 15 seems like a pretty clear win and also fairly easy to work into your budget, but if you're really worried about the flexibility don't forget you can get a 20-year loan, splitting the difference between your two default options.
by Quirkz
Wed Mar 04, 2020 3:22 pm
Forum: Investing - Theory, News & General
Topic: Money you put in the stock market is NEVER lost?
Replies: 95
Views: 3456

Re: Money you put in the stock market is NEVER lost?

The best and only accurate conclusion I can take from what you're saying is: "savings can potentially make up for losses." That is NOT the same as "losses don't exist". And you're still badly mixing up investments with future savings, and pretending like they're the same thing. You're way too attach...
by Quirkz
Wed Mar 04, 2020 2:51 pm
Forum: Investing - Theory, News & General
Topic: Three fund portfolio question
Replies: 8
Views: 487

Re: Three fund portfolio question

Keep investing. The question isn't where are stocks today, tomorrow, or in six months. The question is where do you think stocks will be in 20, 30, 40, 50 years, when you're retired and need to live on them? The standard/obvious answer should be, "Stocks will be higher than today, probably by a lot....
by Quirkz
Wed Mar 04, 2020 2:45 pm
Forum: Investing - Theory, News & General
Topic: Money you put in the stock market is NEVER lost?
Replies: 95
Views: 3456

Re: Money you put in the stock market is NEVER lost?

I don't follow whatever mental gymnastics you're trying here, but I think you've gotten tied up in knots overthinking something.

The short answer is no, the stock market does not prevent you from losing money. You absolutely can. There's really nothing beyond that to say.
by Quirkz
Fri Feb 28, 2020 6:02 pm
Forum: Personal Investments
Topic: Will recovery be possible?
Replies: 41
Views: 4792

Re: Will recovery be possible?

Is recovery possible? Heck, it's practically guaranteed! Okay, so nothing is guaranteed, but the guiding principle of the Boglehead mindset is that the stock market, on average, always goes up in the long run. In the short term things are volatile (move up and down a lot), but that's okay. If it's d...
by Quirkz
Thu Feb 27, 2020 5:26 pm
Forum: Investing - Theory, News & General
Topic: Rebalancing strategy during a market drawdown
Replies: 58
Views: 4006

Re: Rebalancing strategy during a market drawdown

And to come back to my original question, you would recommend just rebalancing equities back up to 70% when they get to 65, which is my band in my IPS, during the ongoing market event (or others like it)? And not doing it at 67 or some other value that allows more frequent buying in? The wait till ...
by Quirkz
Wed Feb 26, 2020 11:37 am
Forum: Personal Consumer Issues
Topic: Yellowstone trip beginning of June
Replies: 23
Views: 2069

Re: Yellowstone trip beginning of June

I think you're getting lots of good advice on travel, so here's my "hidden gem" tip: After you see Old Faithful, spend an hour or two walking into the area behind it. The big geyser plus visitor's center gets all the attention there, but there are at least another 30 other thermal features right in ...
by Quirkz
Wed Feb 26, 2020 11:22 am
Forum: Personal Consumer Issues
Topic: Help With Insulation Savings Calculator
Replies: 9
Views: 531

Re: Help With Insulation Savings Calculator

$3400 for extra insulation? Is that manually installed? I realize prices may vary depending on region, but I had insulation blown into my attic for under $1000. For the cost, I would definitely go by your actual electric bill, see how much you spend on heating, and use that for a reference instead o...
by Quirkz
Wed Feb 26, 2020 11:00 am
Forum: Personal Investments
Topic: "Stay the Course" / "Invest for the long term"
Replies: 28
Views: 2403

Re: "Stay the Course" / "Invest for the long term"

For the next 30 years, you're not a seller, you're a buyer. You want to buy cheap. You don't want the prices high until you sell.
by Quirkz
Wed Feb 26, 2020 10:48 am
Forum: Personal Finance (Not Investing)
Topic: 30 year mortgage under 3%
Replies: 284
Views: 42163

Re: 30 year mortgage under 3%

I'm in a very similar situation. Currently 2 years into a 30 year at 3.875% and had an offer yesterday to refinance to a 15 year at 2.875%. I'm having a really hard time deciding if I should pull the trigger now or wait and see if rates continue to go down. Does anyone have thoughts in general on w...
by Quirkz
Tue Feb 25, 2020 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: Help some first-timers with the home searching (and buying) process
Replies: 31
Views: 2498

Re: Help some first-timers with the home searching (and buying) process

One thing I would offer is to not let a lender tell you what you can afford. The lender is likely going to tell you that you can afford way more house than you really should be buying. Dave Ramsey suggests that your house payment (15 yr fixed rate mortgage) should be no more than 25% of your take h...
by Quirkz
Tue Feb 25, 2020 3:09 pm
Forum: Personal Investments
Topic: What did you learn from the 2/24 sell off?
Replies: 327
Views: 22090

Re: What did you learn from the 2/24 sell off?

I had just rebalanced on Thursday to be a bit more conservative. The last time I did that was November 2018. So what I've learned is the market is waiting for me to make adjustments before crashing. Awfully kind of it, really. Nope, just coincidence. I have learned nothing. I'm just following my pla...
by Quirkz
Mon Feb 24, 2020 3:50 pm
Forum: Personal Investments
Topic: Market sell off
Replies: 55
Views: 7709

Re: Market sell off

"Bogglehead" should be spelled Boglehead. Thought I saw a post that said Buglehead the other day :confused Still waiting for a beaglehead crossover with a pet web site. To the OP: the site philosophy is steady, planned investment, at levels that are comfortable to you. Running on gut feelings and b...
by Quirkz
Mon Feb 24, 2020 3:36 pm
Forum: Personal Consumer Issues
Topic: Do you ever use cash?
Replies: 228
Views: 13451

Re: Do you ever use cash?

Scenario: I bought gas outside at the pump using a credit card. Then I went inside and bought a snack using the same card. My credit card company decided I'd had my card stolen/hacked, and deactivated it while I was traveling and depended on it. Solution: I always carry some cash, especially on road...
by Quirkz
Wed Feb 19, 2020 10:16 am
Forum: Personal Finance (Not Investing)
Topic: Why doesn't everyone own a home as a business and rent elsewhere?
Replies: 57
Views: 7295

Re: Why doesn't everyone own a home as a business and rent elsewhere?

Bluntly, it's more complicated. You're managing aspects of two places. You're keeping books on a second job. You've got more complicated taxes. There's just more stuff, all around.
by Quirkz
Tue Feb 18, 2020 2:33 pm
Forum: Investing - Theory, News & General
Topic: Impact of adjusting allocation right after a market drop
Replies: 8
Views: 593

Re: Impact of adjusting allocation right after a market drop

For one thing, a market drop is going to adjust your asset allocation by decreasing your stock exposure. That, coupled with the fact that you should generally adjust your aa gradually, plus the fact that you will still be investing for many years means the impact is minimal. Yep. Imagine you're at ...
by Quirkz
Thu Feb 13, 2020 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Should I find a different job with a better commute?
Replies: 50
Views: 3473

Re: Should I find a different job with a better commute?

I realize you said the office move has been in the works for over a year, but given that it's now supposed to occur "in the next few weeks" at the very least it seems worth waiting that out. Unless it's been in the next few weeks this entire time? Though I love the suggestion that you propose the wo...
by Quirkz
Thu Feb 13, 2020 11:56 am
Forum: Personal Investments
Topic: Second guessing my asset allocation: Fear of missing out
Replies: 48
Views: 3532

Re: Second guessing my asset allocation: Fear of missing out

Short answer is I agree with the others: don't take unnecessary risks out of a sense of greed, and try to balance the fear of missing out with the fear of what would happen if things go badly. That said, we could probably all give a better longer answer if we knew your age, estimated time to retirem...
by Quirkz
Tue Feb 11, 2020 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Another "Should I payoff my car loan" thread
Replies: 19
Views: 1179

Re: Another "Should I payoff my car loan" thread

Another vote for paying off the depreciating asset and saving yourself some interest. If you feel like you need liquidity, focus on building that back up next.
by Quirkz
Mon Feb 10, 2020 3:54 pm
Forum: Personal Consumer Issues
Topic: What is your most luxury/expensive hobby.
Replies: 264
Views: 19663

Re: What is your most luxury/expensive hobby.

For whatever reason I've gravitated toward relatively cheap hobbies. - I play disc golf instead of ball golf. Cost: $20 every other year or so. - Home brewing beer. Can make it at home for $1.25/bottle, which is cheaper than the stores, and much cheaper than going out. - Bowling. It's $17 a week bet...
by Quirkz
Thu Feb 06, 2020 7:01 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1924
Views: 208237

Re: [What TV Show Have You Recently Watched?]

Just finished "The Good Place" which wrapped up its final episode last week. Has to be one of my favorite shows of all time. Funny and very smart.
by Quirkz
Thu Feb 06, 2020 6:53 pm
Forum: Personal Investments
Topic: Suppose you inherited 150K (but) only have two choices*
Replies: 30
Views: 1964

Re: Suppose you inherited 150K (but) only have two choices*

Mortgage, for sure. I want it gone. It'd make a huge difference in cashflow. In future years I'd probably put most of that cashflow back into investing, but I appreciate the reliability of a sure win, and an obligation that disappears forever.