Search found 11053 matches

by letsgobobby
Thu Apr 26, 2018 12:54 am
Forum: Investing - Help with Personal Investments
Topic: Washington GET 529 Reopened: Good deal?
Replies: 24
Views: 2695

Re: Washington GET 529 Reopened: Good deal?

I'm really perplexed after learning that WA State's new law limits tuition and fee hikes at state universities to align with the average growth in median hourly income for the state over a 14 year period. All the data I can see suggests this would be 2-3% however the actuarial tables for the GET pr...
by letsgobobby
Mon Apr 23, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance Changing Lifestyle
Replies: 78
Views: 8782

Re: Inheritance Changing Lifestyle

This makes perfect sense when partners come in to current marriage after dissolving the prior one. I thought different rules apply when both partners have the current one as their only lifetime marriage. we are in a community property state and our attorney (highly regarded and experienced) made it...
by letsgobobby
Mon Apr 23, 2018 1:03 am
Forum: Personal Consumer Issues
Topic: Is this solar panel bid reasonable?
Replies: 57
Views: 3702

Re: Is this solar panel bid reasonable?

Just installed 40 panels = 12kW for about $42,500 before federal credit of 30%. This is a local (in-state) manufactured product which maximizes our state tax incentive, which is a tax credit of 21 cents per kWh for the first eight years. In the third week of April, at 45.7 degrees latitude, we're pr...
by letsgobobby
Mon Apr 23, 2018 12:10 am
Forum: Personal Finance (Not Investing)
Topic: State and fed tax credits - buying a Bolt electric vehicle before it’s needed
Replies: 12
Views: 933

Re: State and fed tax credits - buying a Bolt electric vehicle before it’s needed

IMO, there is no reason to buy a vehicle that early. The costliest component in the Bolt is the battery pack. It is warrantied for 8 years and 100,000 miles. If you buy it 4 years early, you will only have a 4 year warranty on it. Also, the battery pack could still degrade over time if not used reg...
by letsgobobby
Sun Apr 22, 2018 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: State and fed tax credits - buying a Bolt electric vehicle before it’s needed
Replies: 12
Views: 933

Re: State and fed tax credits - buying a Bolt electric vehicle before it’s needed

What about battery life? Assume I drive the vehicle from time to time but not regularly. Though it seems like once I buy it, I should drive it to kill my gas costs
by letsgobobby
Sun Apr 22, 2018 1:32 pm
Forum: Personal Consumer Issues
Topic: Basic PC - HP Pavillion All in One?
Replies: 23
Views: 955

Re: Basic PC - HP Pavillion All in One?

02nz wrote:
Sun Apr 22, 2018 12:47 pm
The $550 one to which I referred does have a 17 inch display: https://www.costco.com/Dell-Inspiron-17 ... 97563.html
that looks great. thanks so much. if I don't like the performance I'll add an SSD. appreciate it.
by letsgobobby
Sun Apr 22, 2018 12:33 pm
Forum: Personal Consumer Issues
Topic: Basic PC - HP Pavillion All in One?
Replies: 23
Views: 955

Re: Basic PC - HP Pavillion All in One?

I see the Inspiron you're looking at. It's ok but you're paying for the discrete graphics (which won't do anything for you if you're not a gamer), 16 GB memory instead of 8 GB (again, not useful for your use), and the i7-8550U processor. If you go the laptop route, better to get the $550 Inspiron w...
by letsgobobby
Sun Apr 22, 2018 11:47 am
Forum: Personal Consumer Issues
Topic: Basic PC - HP Pavillion All in One?
Replies: 23
Views: 955

Re: Basic PC - HP Pavillion All in One?

The AMD CPU performance on that computer looks terrible. Barely beat an 8 year old intel processor. Even basic Web App become more CPU intensive. For around $100 more, there are all in one HP with last year intel CORE i5 that would give you enough performance for light usage for several years. I no...
by letsgobobby
Sat Apr 21, 2018 10:39 pm
Forum: Personal Consumer Issues
Topic: Basic PC - HP Pavillion All in One?
Replies: 23
Views: 955

Re: Basic PC - HP Pavillion All in One?

The AMD CPU performance on that computer looks terrible. Barely beat an 8 year old intel processor. Even basic Web App become more CPU intensive. For around $100 more, there are all in one HP with last year intel CORE i5 that would give you enough performance for light usage for several years. I no...
by letsgobobby
Sat Apr 21, 2018 5:37 pm
Forum: Personal Consumer Issues
Topic: Basic PC - HP Pavillion All in One?
Replies: 23
Views: 955

Re: Basic PC - HP Pavillion All in One?

Think I'll go for the all in one, and also buy some ram and a new SSD for my old computer and see what I can do with it - but only after the new device is up and running.

Appreciate input.
by letsgobobby
Sat Apr 21, 2018 4:46 pm
Forum: Personal Consumer Issues
Topic: Basic PC - HP Pavillion All in One?
Replies: 23
Views: 955

Re: Basic PC - HP Pavillion All in One?

It got good reviews and has a total price of $680 shipped. I was not able to find a budget PC and monitor for a better price. Touchscreen is a coincidence. No gaming, video, or even browsing - use my iPad for all of that. My ipad has a bluetooth keyboard which makes it like a laptop for 99% of purpo...
by letsgobobby
Sat Apr 21, 2018 4:02 pm
Forum: Personal Consumer Issues
Topic: Basic PC - HP Pavillion All in One?
Replies: 23
Views: 955

Re: Basic PC - HP Pavillion All in One?

I would not get a desktop all-in-one but would buy a separate computer and display. You can get a better computer & display that way and can use them separately, especially if one fails. One component will inevitably last longer than the other and the tendency would be to replace both. It is also u...
by letsgobobby
Sat Apr 21, 2018 12:54 pm
Forum: Personal Consumer Issues
Topic: Basic PC - HP Pavillion All in One?
Replies: 23
Views: 955

Basic PC - HP Pavillion All in One?

Hello folks, My PC is 8 years old and hard drive is noisy. Think I need to upgrade before things go south. Looking at this HP Pavillion all in one. Seems to have plenty of memory and performance for my needs (Excel, Word, and accessing financial websites). Most of my surfing is on an Ipad. https://s...
by letsgobobby
Sat Apr 21, 2018 10:39 am
Forum: Personal Finance (Not Investing)
Topic: State and fed tax credits - buying a Bolt electric vehicle before it’s needed
Replies: 12
Views: 933

State and fed tax credits - buying a Bolt electric vehicle before it’s needed

I’m not in the market for a vehicle today - I have a 12 year old vehicle with 185k miles I imagine will drive well forever. I was hoping to drive it 4 more years, which would take it over 250,000 miles. My next car is going to be an EV, especially if the federal tax credits remain. I’ve been eyeing ...
by letsgobobby
Sat Apr 21, 2018 10:16 am
Forum: Personal Consumer Issues
Topic: Mac Office 2016 download on Ebay - how so cheap?
Replies: 23
Views: 1736

Re: Mac Office 2016 download on Ebay - how so cheap?

Some Googling legwork will indicate these sales, if originating in EU, are legit. Though I don't doubt there's some bogus ones tossed in..such is the nature of ebay. If an ebayer has hundreds, thousands of sales like these, and their reviews are excellent, then I'm thinking things are ok. I used th...
by letsgobobby
Wed Apr 18, 2018 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: What is your 529 plan Asset Allocation?
Replies: 49
Views: 13592

Re: What is your 529 plan Asset Allocation?

Note that the quoted post is 7 years old... The WA GET is still a good liability matching program. Ostensibly, however, future WA tuition inflation is limited to the annual wage growth in WA state, which is likely to be lower than the historical rate of tuition inflation. That said, will the GET and...
by letsgobobby
Wed Apr 18, 2018 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: Divesting gun stocks
Replies: 11
Views: 1016

Re: Divesting gun stocks

Maybe someone will invent a gun stocks inverse index ETF.
by letsgobobby
Mon Apr 16, 2018 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?
Replies: 121
Views: 8077

Re: 2.5% Withdrawal for 50 Years With 50/50 Portfolio?

Background : * Assume that you have $3,000,000 invested, with $2,275,000 in a taxable account and $725,000 in a mix of IRAs (Roth, Traditional, and Rollover) and a 401k. * Assume that your total portfolio is invested 40% Total Stock Market, 10% Total International Stock Market, 23% in Intermediate ...
by letsgobobby
Mon Apr 16, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 154
Views: 15054

Re: Can I retire at age 40?

I have 500,000 in regular taxable account. 2,300,000 in retirement which is why I said 2 million because of early withdrawal fees I would lose a lot and wanted that to be factored in We probably could live on much less. We’ve been putting that 120000 towards mortgage and 2 car payments. I figured t...
by letsgobobby
Sun Apr 15, 2018 10:12 pm
Forum: Personal Consumer Issues
Topic: Cruises: How to Value Onboard Credit
Replies: 29
Views: 1556

Re: Cruises: How to Value Onboard Credit

You have a $209 upfront better price between B and C. So the real problem here is reduced to a $41 consideration for onboard credits. If you take the deal with $245 credit you will be roaming the ship looking at how to apply that to your best advantage. A sort of manufactured spending. So, $41. The...
by letsgobobby
Sun Apr 15, 2018 7:28 pm
Forum: Personal Consumer Issues
Topic: Cruises: How to Value Onboard Credit
Replies: 29
Views: 1556

Re: Cruises: How to Value Onboard Credit

The answer is entirely dependent on how much you will spend while on board. OBC is worthless unless you have something that you will actually spend it on -- ship stores, drinks, specialty dining restaurants, daily gratuities, additional optional tipping, shore excursions, BINGO, etc. One would be a...
by letsgobobby
Sun Apr 15, 2018 7:02 pm
Forum: Personal Consumer Issues
Topic: Cruises: How to Value Onboard Credit
Replies: 29
Views: 1556

Re: Cruises: How to Value Onboard Credit

Can they be applied to gratuities?
by letsgobobby
Sun Apr 15, 2018 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: How to Invest College/Med School Fund?
Replies: 7
Views: 370

Re: How to Invest College/Med School Fund?

How badly would loss of some of these funds hurt? I suspect you have plenty of other assets and/or income to pay for these expenses if your education fund were to lose money. In that case I would not be any less aggressive than 50/50 stocks/bonds, and perhaps up to 80/20.
by letsgobobby
Sat Apr 14, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Aren't we betting a bit too heavily on US stocks and bonds?
Replies: 34
Views: 2613

Re: Aren't we betting a bit too heavily on US stocks and bonds?

I feel I have to ask this. There is so much information on the internet with regard to investing, but most of the simple portfolios I've come across recommend that at least 60-80% of our portfolio consists of US securities. Why are we recommended not to diversify much in terms of countries in which...
by letsgobobby
Wed Apr 11, 2018 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Owners Title Insurance - Super Heavy Handed Pitch
Replies: 101
Views: 5759

Re: Owners Title Insurance - Super Heavy Handed Pitch

Here is the name of the online ‘discount’ title broker. They may save you some money if they’re licensed in MA.

https://www.entitledirect.com/Homeowners
by letsgobobby
Wed Apr 11, 2018 4:05 am
Forum: Personal Finance (Not Investing)
Topic: Owners Title Insurance - Super Heavy Handed Pitch
Replies: 101
Views: 5759

Re: Owners Title Insurance - Super Heavy Handed Pitch

Hedgefundie, that approach may work for an industry, but it doesn't work for an individual if he can't withstand tail risk, regardless of the odds. In fact isn't this the lesson of many of the most spectacular investing flameouts of the last two decades, from LTCM to Lehman? They also did not insure...
by letsgobobby
Tue Apr 10, 2018 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Owners Title Insurance - Super Heavy Handed Pitch
Replies: 101
Views: 5759

Re: Owners Title Insurance - Super Heavy Handed Pitch

[OT comments removed by admin LadyGeek] The math determining whether this is a good use of money seems relatively straightforward: it's the percentage chance of the tail-risk event multiplied by the magnitude of this tail risk. Not really. It’s first and foremost a function of whether you can affor...
by letsgobobby
Tue Apr 10, 2018 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Owners Title Insurance - Super Heavy Handed Pitch
Replies: 101
Views: 5759

Re: Owners Title Insurance - Super Heavy Handed Pitch

It's always fascinating to see where different people try to save a buck.
by letsgobobby
Tue Apr 10, 2018 12:40 am
Forum: Investing - Help with Personal Investments
Topic: Fund IRA's or not? Possible to have too much in IRA's?
Replies: 20
Views: 1853

Re: Fund IRA's or not? Possible to have too much in IRA's?

seems a backdoor Roth IRA would always be superior to a taxable account. So I don't think you can have too much in those.
by letsgobobby
Tue Apr 10, 2018 12:24 am
Forum: Personal Consumer Issues
Topic: Tequila and Magaritas
Replies: 59
Views: 4416

Re: Tequila and Magaritas

I prefer corralejo in the tall blue bottle for margarita's. 1800 silver is as cheap as I go. Jose cuervo will work but it's sub par stuff. The best way to make a margarita is as follows. 1. Buy Cointrau orange liqueur in place of syrup or triple sec 2. Buy fresh limes 3. Drink shaker with ice 4. 2 ...
by letsgobobby
Sun Apr 08, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Structuring Newlywed Finances for Fairness and Less Arguments
Replies: 84
Views: 5895

Re: Structuring Newlywed Finances for Fairness and Less Arguments

From a fairness standpoint though, I put in longer hours between the job and additional work from managing rental properties, so should I be getting more discretionary spending (if not, less motivation for me to do be doing all this extra work)? This is a dangerous attitude and likely to sow a lot ...
by letsgobobby
Sat Apr 07, 2018 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2544
Views: 478126

Re: What's Your Credit Card Rewards Strategy?

I haven’t studied the HA program in detail but verbally they claimed you can transfer miles between members for no fee. At 60k miles each, or 120k total, I think we could find 2-3 RT tickets to Hawaii. We go at least once a year so with some flexibility and advance purchase I’m hoping they would wor...
by letsgobobby
Sat Apr 07, 2018 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2544
Views: 478126

Re: What's Your Credit Card Rewards Strategy?

Credit card rewards are a game and fun for some. When I add credit card rewards to other forms of reward optimization, such as rewards checking accounts, brokerage transfer rewards, frequent flyer miles/promos, priority pass utilization, timeshare promos, rental car promos and savings, solar rebates...
by letsgobobby
Fri Apr 06, 2018 11:57 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6422
Views: 1377371

Re: U.S. stocks in freefall

And the 'efficient' market is bunny hopping again. Purportedly, today's hopping is due to fears of a trade war, but I don't see how/why that should have changed at all since the close of business yesterday. Ummm, usually it's hard to tell why the market does what it does, but the reasons for today'...
by letsgobobby
Thu Apr 05, 2018 12:46 pm
Forum: Investing - Theory, News & General
Topic: Hypothetical situation investing on property vs market
Replies: 21
Views: 1292

Re: Hypothetical situation investing on property vs market

You have to compare equally levered investments. At 20% down the typical property is levered five to one.

In the big metro areas my personal opinion is the big price increases are done and starting to level off.
by letsgobobby
Wed Apr 04, 2018 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: How Do You Value Your Home for Net Worth Purposes?
Replies: 150
Views: 9038

Re: How Do You Value Your Home for Net Worth Purposes?

I use a conservative average of Trulia, Zillow, and Redfin. Knocking off an additional ten percent reflects the illiquidity and transaction costs to realize any of those assets.
by letsgobobby
Wed Apr 04, 2018 4:08 pm
Forum: Personal Consumer Issues
Topic: Amica Increase
Replies: 59
Views: 5729

Re: Amica Increase

Just a reminder that at least in some states, Amica offers dividend policies which lower the cost an additional 15-25% below the quotes. It's the closest I can come to being in a true mutual structure. Net of these dividends, Amica remains very competitive and our premiums have not risen dramaticall...
by letsgobobby
Wed Apr 04, 2018 2:30 pm
Forum: Investing - Theory, News & General
Topic: Hypothetical situation investing on property vs market
Replies: 21
Views: 1292

Re: Hypothetical situation investing on property vs market

Monthly income of $900 on a $230k purchase is really horrible. Bumping that as high as $1200 doesn't improve much. I would not do this.
by letsgobobby
Mon Apr 02, 2018 11:00 pm
Forum: Investing - Help with Personal Investments
Topic: Inheritance is getting complicated
Replies: 24
Views: 3500

Re: Inheritance is getting complicated

Just to be clear, all inherited Traditional IRAs can be combined, and all inherited Roth IRAs can be combined. Hope that was obvious.
by letsgobobby
Mon Apr 02, 2018 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: Inheritance is getting complicated
Replies: 24
Views: 3500

Re: Inheritance is getting complicated

All inherited IRAs can be combined.
by letsgobobby
Mon Apr 02, 2018 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 10701

Re: What age is the best to give a child control of an inheritance?

Our trusts dictate 1/3 at age 30. 1/3 age 35. 1/3 age 40. Do you mean: trust distributes 1/3 of assets at those ages; or trust gives control of that portion of assets at those ages? Big difference. Our trusts allow our beneficiaries to become co trustees at age 31 (or 35 - do not recall). At that p...
by letsgobobby
Mon Apr 02, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 10701

Re: What age is the best to give a child control of an inheritance?

Many here have recommend delaying an inheritance until 35 to prevent reckless behavior but you might just prevent your children from maximizing their tax efficiency, or you might be pushing them towards reckless behavior, like spending their entire emergency fund in the months preceding their 35th ...
by letsgobobby
Mon Apr 02, 2018 3:06 pm
Forum: Personal Consumer Issues
Topic: Cleaning up new house before move in—getting rid of “cat smell”
Replies: 42
Views: 3299

Re: Cleaning up new house before move in—getting rid of “cat smell”

After our last home purchase fell through we ended up finding another house over the weekend and having a bid accepted. So assuming all goes well with this inspection I do have a question about premove in clean up. The prior owners owned a cat and the “musk” was prevalent when you go in the house. ...
by letsgobobby
Mon Apr 02, 2018 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 10701

Re: What age is the best to give a child control of an inheritance?

It’s not about intelligence, or a good soul. It’s about the frontal lobe not being fully myelinated until the mid 20s, and most serious mental illnesses having their onset in the 20s and 30s. By 35 much more is known about the beneficiary’s brain.
by letsgobobby
Mon Apr 02, 2018 1:39 am
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 10701

Re: What age is the best to give a child control of an inheritance?

aristotelian wrote:
Mon Apr 02, 2018 12:46 am
letsgobobby wrote:
Sun Apr 01, 2018 11:27 pm
malabargold wrote:
Sun Apr 01, 2018 10:30 pm
No stock answer depends on their character and what
parents have taught
Say your kids are 3 and 5. What do you make of their character?
OP's is 21 and in college.
Yes, but for everyone else?
by letsgobobby
Sun Apr 01, 2018 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 10701

Re: What age is the best to give a child control of an inheritance?

malabargold wrote:
Sun Apr 01, 2018 10:30 pm
No stock answer depends on their character and what
parents have taught
Say your kids are 3 and 5. What do you make of their character?
by letsgobobby
Sun Apr 01, 2018 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 10701

Re: What age is the best to give a child control of an inheritance?

In my practice last week a woman seemingly happily married for twenty years discovered her husband had been serially cheating on her for about ten years.

I think I'll stick with a trust.
by letsgobobby
Sun Apr 01, 2018 2:51 pm
Forum: Investing - Theory, News & General
Topic: Do you invest in Real Estate ? Why ?
Replies: 25
Views: 2111

Re: Do you invest in Real Estate ? Why ?

We've had a good experience with the SFH we've rented out. We had other reasons for getting into it but the appreciation and rental income (tax free net of expenses and depreciation) has been nice. We hired out a manager who calls us maybe twice a year. It's very low maintenance.
by letsgobobby
Sun Apr 01, 2018 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 10701

Re: What age is the best to give a child control of an inheritance?

Umbrellas are a great idea and we have one. But personal policies don't protect against professional or business liabilities, as a rule. As to costs, I'm not sure they're as cheap as you say. They can be $100 per million or $500, depending on risk exposure and insurer. That could add up quickly for...