Search found 928 matches

by Wannaretireearly
Thu May 28, 2020 3:52 am
Forum: Personal Finance (Not Investing)
Topic: Avoiding keeping-up-with-the-joneses w.r.t. private schools
Replies: 183
Views: 8057

Re: Avoiding keeping-up-with-the-joneses w.r.t. private schools

This. Great post. Explains why some school districts are in trouble in the bay area. Essentially, a lot of the property taxes go to Sacremento and then get funneled to where needed to be fair. So, your high property taxes in CA may be going to poorer area schools. Below explanation goes into detail ...
by Wannaretireearly
Tue May 26, 2020 7:15 pm
Forum: Personal Finance (Not Investing)
Topic: Worst House on the best block?
Replies: 52
Views: 4246

Re: Worst House on the best block?

Ideally no hoa and a big lot your family can grow into. No hoa gives you a lot of flexibility to do as you wish on your land. Plus likely save $ long term. I'm a proponent of buy once and plan for space for kids etc. This doesn't mean it has to be ideal to begin with. But, it helps to have space/cit...
by Wannaretireearly
Tue May 26, 2020 1:16 pm
Forum: Personal Consumer Issues
Topic: Data Science/Predictive analytics 'mgmt' books
Replies: 2
Views: 201

Data Science/Predictive analytics 'mgmt' books

Folks, I was about to buy this book from Amazon. Thought I'd check first here on opinions on this book, or better alternatives for managers/execs new to Data science/predictive analytics. Mining Your Own Business: A Primer for Executives on Understanding and Employing Data Mining and Predictive Anal...
by Wannaretireearly
Fri May 22, 2020 3:56 pm
Forum: Personal Consumer Issues
Topic: COVID - 19 things to do
Replies: 51
Views: 4122

Re: COVID - 19 things to do

Nice thread. Been doing most of the above. Looking forward to trying some online guitar lessons I bought for $29. I think the key is to have something new to look forward to every week/month while on lockdown
by Wannaretireearly
Wed May 20, 2020 12:51 am
Forum: Personal Finance (Not Investing)
Topic: Covid impact: CA license renewal and REAL ID
Replies: 13
Views: 1006

Re: Covid impact: CA license renewal and REAL ID

Yup, my appointment to renew my CA drivers license was for mid May. The appointment never showed up online as canceled, even though my branch was not one that re-opened. I called to ask, and was told not to worry. The nice representative said 120 day extensions for summer expirations were likely. S...
by Wannaretireearly
Wed May 20, 2020 12:49 am
Forum: Personal Finance (Not Investing)
Topic: Which refinance option to choose? Need some advices to make best decision
Replies: 8
Views: 552

Re: Which refinance option to choose? Need some advices to make best decision

The 20 yr @ 2.875% is significantly more expensive than the 15 yr @ 2.500%. That's because even though you're effectively borrowing only a small fraction of the monthly payment, you're paying the extra .375% on the full principal. To see the cost difference more clearly, you can view the $458 reduc...
by Wannaretireearly
Wed May 20, 2020 12:44 am
Forum: Personal Finance (Not Investing)
Topic: Turning 65, Medicaire questions
Replies: 68
Views: 4121

Re: Turning 65, Medicaire questions

If you decide you don't like the supplement approach, you can revert to a Medicare Advantage plan during annual open enrollment without insurance underwriting. You can't go the other way (i.e. if you start with Medicare Advantage, you will need underwriting to change to a Medigap supplement). That ...
by Wannaretireearly
Wed May 20, 2020 12:15 am
Forum: Personal Finance (Not Investing)
Topic: 20 year Term Life insurance—keep or renew?
Replies: 21
Views: 1299

Re: 20 year Term Life insurance—keep or renew?

A few questions/observations from an insurance agent as I see these type of questions all the time: 1. Does your wife have any life insurance? If not, what's the plan if she dies while the children are young? 2. $750k seems like a pretty low amount given your income and having three young children....
by Wannaretireearly
Tue May 19, 2020 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: Covid impact: CA license renewal and REAL ID
Replies: 13
Views: 1006

Covid impact: CA license renewal and REAL ID

Got my letter in the mail for CA license renewal. Usual verbiage about needing to go for a DMV interview for a real ID. My license expires in Aug 2020. - DMV offices are closed - Real ID implementation for domestic travel has moved out a year to Oct '21. - Governor Newsom gave an extension to those ...
by Wannaretireearly
Tue May 19, 2020 7:49 pm
Forum: Investing - Theory, News & General
Topic: New normal in the markets
Replies: 10
Views: 1347

Re: New normal in the markets

I think, the CAPM makes this easy to understand. As the risk free rate, let's say the 10 year treasury rate, goes down, the value of the asset goes up with everything else held constant. Of course, everything else isn't held constant, but it gives you a mathematical framework to explore. It's prett...
by Wannaretireearly
Tue May 19, 2020 7:33 pm
Forum: Investing - Theory, News & General
Topic: New normal in the markets
Replies: 10
Views: 1347

Re: New normal in the markets

I'm looking for a math based estimated answer: That's an oxymoron. Math is objective. Estimates are subjective. There is nothing even remotely akin to an objective answer to your question. Hmm. I'll challenge its an oxymoron E.g. My contractor says the project will cost 25 to 30k. There is math inv...
by Wannaretireearly
Tue May 19, 2020 2:46 pm
Forum: Investing - Theory, News & General
Topic: New normal in the markets
Replies: 10
Views: 1347

Re: New normal in the markets

Thanks all for your responses! I'll consolidate my thoughts here: Valuethinker: I love your posts. I know your a Brit, or expat Brit so that def has something to do with it. I will read/re-read your post likely with a beer or scotch in my hand. I will revisit my A-level (UK College entrance exams) M...
by Wannaretireearly
Tue May 19, 2020 12:36 am
Forum: Investing - Theory, News & General
Topic: New normal in the markets
Replies: 10
Views: 1347

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 Wannaretireearly
Tue May 12, 2020 11:07 pm
Forum: Personal Finance (Not Investing)
Topic: Turning 30. Living 30s without regrets
Replies: 87
Views: 9433

Re: Turning 30. Living 30s without regrets

hmmm. Good thread. From someone in their early 40s, prioritize kid/family over career. Keep travelling with the kids. Don't let career take over too much. A lot of times this leads to other issues like disgruntled spouse/family etc. Really look at your career path/ladder. Who do you envy at work? Wh...
by Wannaretireearly
Tue May 12, 2020 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Salary ranges, grades, and layoffs
Replies: 11
Views: 2028

Re: Salary ranges, grades, and layoffs

KlangFool wrote:
Tue May 12, 2020 9:46 pm
OP,

It is very simple.

Whoever decides who to lay off decide whether you are important to them. People hire people. People fire people too.

KlangFool
So very well said! Don't be a pain in the @$$. #1 criteria...
by Wannaretireearly
Sat May 09, 2020 2:17 am
Forum: Personal Finance (Not Investing)
Topic: Choosing not to correct all billing/financial errors
Replies: 68
Views: 4589

Re: Choosing not to correct all billing/financial errors

Have people forgot the saying “Take care of the pennies and the pounds will take care of themselves”? I think the point is take the time to save the pounds first, worry about pennies later or not at all. The big stuff. I called Verizon this week and moved to a lower plan, saving around $25 a month....
by Wannaretireearly
Wed May 06, 2020 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 Savings Promo
Replies: 96
Views: 11103

Re: Capital One 360 Savings Promo

I think the offer i got was $150 bonus if I move 20 to 50k. $450 bonus if I move over 50k. Looks like they have 'predictive analytics' working and are targeting different offers to diff people? Sounds smart.

I may bite on this offer...
by Wannaretireearly
Mon May 04, 2020 9:03 pm
Forum: Personal Investments
Topic: Tell me what I don't know about retirement?
Replies: 55
Views: 4865

Re: Tell me what I don't know about retirement?

Here's one thing: Medicare doesn't cover dental, vision, prescription drugs and there is no limit to out of pocket expense. After adding a supplement, part D, and IRMAA it really isn't that much less expensive than what I was paying for an individual plan. Really, prescription drugs? I figured dent...
by Wannaretireearly
Mon May 04, 2020 8:48 pm
Forum: Personal Consumer Issues
Topic: Best [BBQ grill] for the money?
Replies: 94
Views: 6270

Re: Best BBQ for the money?

For roughly the same money, skip the Weber Q and look at the Spirit 210 or 310. Much better warranty and features for roughly the same money. If you can find a Spirit II 210 or 310, jump on it. It's got a 10 year "bumper to bumper" warranty, including the ignitor. Weber discontinued the design this...
by Wannaretireearly
Mon May 04, 2020 8:42 pm
Forum: Personal Investments
Topic: Tell me what I don't know about retirement?
Replies: 55
Views: 4865

Re: Tell me what I don't know about retirement?

Personally, I was surprised to know you had to pay for Medicare! Shows what I know. There is a two-year lookback on the IRMAA surcharge, but they will let you petition to get it adjusted if you have a 'life change" aka retirement different income. Another big shock was the IRA tax bomb - I really r...
by Wannaretireearly
Sat May 02, 2020 10:42 am
Forum: Personal Consumer Issues
Topic: Coronavirus Flight Cancel Thread
Replies: 224
Views: 13323

Re: Coronavirus Flight Cancel Thread

avenger wrote:
Sat May 02, 2020 5:51 am
Admiral Fun wrote:
Sat Apr 25, 2020 5:30 pm
Norwegian Air flight cancelled

We requested refund a month ago and are still waiting.

I’m not holding my breath.
Dispute on your credit card.

Like this idea. Hotel and flight $ refunds pending on my cc
by Wannaretireearly
Thu Apr 30, 2020 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Appropriate Term Life Terms - couple in 30s
Replies: 88
Views: 3931

Re: Appropriate Term Life Terms - couple in 30s

For an extra $500/yr I can insure us from ages 59-69 (or 54-64 in her case) when there will be a higher probability of death. It seems like a cheap price to pay to get the extra 10 years added on. Waiting to reassess if I need those 10 extra years later on down the road sounds like a really bad ide...
by Wannaretireearly
Wed Apr 29, 2020 7:09 pm
Forum: Personal Consumer Issues
Topic: Coronavirus Flight Cancel Thread
Replies: 224
Views: 13323

Re: Coronavirus Flight Cancel Thread

On hold with volaris. Flights to Mexico on May 11th. Flights have been suspended per their site. Not sure what that means legally. Not sure when they will cancel and send us an email. All info on their site refers to credit options not cash refund. I'd like to hold out for a cash refund given the g...
by Wannaretireearly
Wed Apr 29, 2020 5:25 pm
Forum: Personal Consumer Issues
Topic: Coronavirus Flight Cancel Thread
Replies: 224
Views: 13323

Re: Coronavirus Flight Cancel Thread

On hold with volaris. Flights to Mexico on May 11th. Flights have been suspended per their site. Not sure what that means legally. Not sure when they will cancel and send us an email. All info on their site refers to credit options not cash refund. I'd like to hold out for a cash refund given the gu...
by Wannaretireearly
Tue Apr 28, 2020 1:27 am
Forum: Personal Finance (Not Investing)
Topic: Whats the best way to course correct on my life insurance needs
Replies: 10
Views: 609

Re: Whats the best way to course correct on my life insurance needs

Keep it. Kids generally need parental support in their early 20s.
by Wannaretireearly
Mon Apr 27, 2020 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Appropriate Term Life Terms - couple in 30s
Replies: 88
Views: 3931

Re: Appropriate Term Life Terms - couple in 30s

In our early 30’s we each got 20 year term policies through term4sale. His: 500k, $240 Annually Hers: 500k, $210 Annually Instead of calculating a multiple of income, we looked at what we wanted the insurance to accomplish in the event of our death. Pay final expenses, pay off mortgage, fund colleg...
by Wannaretireearly
Mon Apr 27, 2020 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Another 15 vs. 30 year mortgage toss up
Replies: 59
Views: 3806

Re: Another 15 vs. 30 year mortgage toss up

Stretch for the 15 year. I'm two years out from finishing my 10 year jail term. I can smell freedom, and it is so sweet.
by Wannaretireearly
Wed Apr 22, 2020 10:33 am
Forum: Personal Finance (Not Investing)
Topic: CA employee, over 65 in lockdown - 2 questions
Replies: 18
Views: 3003

Re: CA employee, over 65 in lockdown - 2 questions

BarbBrooklyn wrote:
Wed Apr 22, 2020 7:22 am
In the interim, get a copy of the most recent edition of Medicare for Dummies. It's an incredible resource and makes things that seem murky very clear.
Great idea. Thanks
by Wannaretireearly
Tue Apr 21, 2020 11:31 pm
Forum: Personal Finance (Not Investing)
Topic: CA employee, over 65 in lockdown - 2 questions
Replies: 18
Views: 3003

Re: CA employee, over 65 in lockdown - 2 questions

Quick update. Mums bank has allowed her to start wfh taking overflow calls etc. Very grateful for that. We've figured her employee Healthcare plan is good for now. We'll just need around 6 weeks heads-up when she does eventually subscribe to Medicare part B/C/D/Medi-gap etc The medicare system is so...
by Wannaretireearly
Tue Apr 21, 2020 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Are we spending too much on a house? 28yo & 24yo
Replies: 89
Views: 6109

Re: Are we spending too much on a house? 28yo & 24yo

I don't see any reason for the OP to be in a rush. Best advice I got (vhcol) was to buy a house without HOA, that you could 'grow'/expand if needed. I.e. only ever have one mortgage. Doesn't take a genius to predict which direction house prices will go over the next year or two. If I were u, I would...
by Wannaretireearly
Tue Apr 21, 2020 3:28 am
Forum: Investing - Theory, News & General
Topic: A downside to target retirement funds?
Replies: 47
Views: 5266

Re: A downside to target retirement funds?

not read all posts. But, why not trade within TRD funds?
Market time by buying more aggressive TRD funds during drastic falls and vice versa during massive drops

Leave TRD to ride during normal times
by Wannaretireearly
Tue Apr 21, 2020 3:21 am
Forum: Personal Investments
Topic: Share your experience if you timed the market
Replies: 38
Views: 2298

Re: Share your experience if you timed the market

Switched 401k from a TRD fund to 100% equities (S&P500) first time it dipped below 20k recently. Switched back to a TRD when dow went back to 22/23k a few days later.

I guess I'd do it again? Lmao
by Wannaretireearly
Mon Apr 20, 2020 3:18 pm
Forum: Personal Consumer Issues
Topic: Fun topic: options in/around Santa Barbara
Replies: 26
Views: 1463

Re: Fun topic: options in/around Santa Barbara

I've lived in Santa Barbara and rented while there. I would love to get back, but would probably still rent unless I planned to lived there permanently in which case I would want $2M for a house (which I don't have). It's a very expensive place to buy but not as bad renting - https://www.realtor.co...
by Wannaretireearly
Sun Apr 19, 2020 9:59 am
Forum: Personal Consumer Issues
Topic: Replacement for 4Runner
Replies: 70
Views: 4148

Re: Replacement for 4Runner

We have a 2020 Hyundai Pallisade. Like the Kia, check it out
by Wannaretireearly
Sat Apr 18, 2020 3:47 pm
Forum: Personal Consumer Issues
Topic: Fun topic: options in/around Santa Barbara
Replies: 26
Views: 1463

Re: Fun topic: options in/around Santa Barbara

Agree that Carp is a good place to look. If it’s in your price range I recommend also looking into the Upper State Street neighborhood. Lots of shops, restaurants, etc. within walking distance, about 10 minutes to the beach, 10 minutes to the mountains, and 10 minutes to go downtown. It has more of...
by Wannaretireearly
Thu Apr 16, 2020 5:03 pm
Forum: Personal Consumer Issues
Topic: Fun topic: options in/around Santa Barbara
Replies: 26
Views: 1463

Re: Fun topic: options in/around Santa Barbara

There are more affordable options in the north county areas. They tend to be more rural/agricultural ... but nice place in the price range your looking at. Still close to beaches and less than an hours drive to the city of Santa Barbara. They don't have the same busy-yuppie-urban social feel as the...
by Wannaretireearly
Thu Apr 16, 2020 5:02 pm
Forum: Personal Consumer Issues
Topic: Fun topic: options in/around Santa Barbara
Replies: 26
Views: 1463

Re: Fun topic: options in/around Santa Barbara

I would be looking in Carpinteria, about 10 minutes south of Santa Barbara. Zip code is 93013. My in-laws live there. Condos in Carp are currently $400k+. Nowhere in town is too far from the beach, though. It's a 15-20 min drive to downtown SB and 20 min drive to downtown Ventura in non-commute/jam...
by Wannaretireearly
Thu Apr 16, 2020 5:01 pm
Forum: Personal Consumer Issues
Topic: Fun topic: options in/around Santa Barbara
Replies: 26
Views: 1463

Re: Fun topic: options in/around Santa Barbara

I would be looking in Carpinteria, about 10 minutes south of Santa Barbara. Zip code is 93013. My in-laws live there. Small town vibe, but with two grocery stores and enough restaurants to be decent. Less expensive housing, too. Smaller houses, not so bloated as those in town. Thank you! Will look ...
by Wannaretireearly
Thu Apr 16, 2020 4:59 pm
Forum: Personal Consumer Issues
Topic: Fun topic: options in/around Santa Barbara
Replies: 26
Views: 1463

Re: Fun topic: options in/around Santa Barbera

I live very close to SB in a neighborhood with a lot of short term rentals. I would read everything you can about owning a STVR in this area. The laws and regulations are only getting stricter. And if you want anyplace with charm or a real “neighborhood feel,” your new neighbors will dislike you im...
by Wannaretireearly
Thu Apr 16, 2020 1:38 pm
Forum: Personal Consumer Issues
Topic: Fun topic: options in/around Santa Barbara
Replies: 26
Views: 1463

Re: Fun topic: options in/around Santa Barbera

Thanks. Ideally near a good sized downtown. Pismo is nice. Dont think weve been to Avila. Haven't spent much time in SLO. Any comments from locals? It's this part of the world we would love to spend more time in! SLO and Avila Beach are gems. Best of what this area offers, in my opinion. I'm local ...
by Wannaretireearly
Thu Apr 16, 2020 12:37 pm
Forum: Personal Consumer Issues
Topic: Fun topic: options in/around Santa Barbara
Replies: 26
Views: 1463

Re: Fun topic: options in/around Santa Barbera

Why SB? If you want beaches, Avila and Pismo south of SLO are both great. If you want college stuff Cal Poly is in SLO. Golf, beach, wine tasting, hiking, or ? Thanks. Ideally near a good sized downtown. Pismo is nice. Dont think weve been to Avila. Haven't spent much time in SLO. Any comments from...
by Wannaretireearly
Thu Apr 16, 2020 2:10 am
Forum: Personal Consumer Issues
Topic: Fun topic: options in/around Santa Barbara
Replies: 26
Views: 1463

Re: Fun topic: options in/around Santa Barbera

ResearchMed wrote:
Wed Apr 15, 2020 11:43 pm
Why not rent first, or for a while?

Then you can sniff out the town and environs, and see which areas appeal the most... and also wait for a property that really appeals to you.

RM
Thanks. Any recommendations for the area? Good, bad, pros, cons. Appreciated...
by Wannaretireearly
Wed Apr 15, 2020 10:34 pm
Forum: Personal Consumer Issues
Topic: Fun topic: options in/around Santa Barbara
Replies: 26
Views: 1463

Fun topic: options in/around Santa Barbara

Let's say we want to spend some quality time in the SB or surrounding area. We live in the SF bay area, so not too far (4/5 hours) for a trip down to the coast. Only been there a few times. Know downtown and Galeta areas. Here is the challenge: on a small budget, let's say closer to 500k than 1M, wh...
by Wannaretireearly
Thu Apr 09, 2020 6:13 pm
Forum: Investing - Theory, News & General
Topic: TLH question
Replies: 10
Views: 482

Re: TLH question

Thanks guys. I ended up selling today and just moving the $ to checking account for now. I'll pick up vemax in a month or two again.
by Wannaretireearly
Thu Apr 09, 2020 12:38 pm
Forum: Investing - Theory, News & General
Topic: TLH question
Replies: 10
Views: 482

TLH question

I havent TLH in a very long time...checked the wiki which is great. A couple of quick points/questions based on what i'm about to do today: 1. Bought VEMAX (Emerging markets fund) in a 3 lots over the past 5 weeks. 2. About to sell some of the lots. perhaps all. - how come i cannot view my lots in m...
by Wannaretireearly
Thu Apr 09, 2020 3:16 am
Forum: Investing - Theory, News & General
Topic: Head Fakes and Dead Cats .. your thoughts on the rally?
Replies: 386
Views: 32135

Re: Head Fakes and Dead Cats .. your thoughts on the rally?

Wouldn't just being invested primarily in balanced funds accomplish essentially the same thing? Yes, I believe so, but taxes could reduce the accomplishment. We use a LifeStrategy fund and a target date fund as the single investment in 3 different tax-advantaged accounts. Livesoft, I've been moving...
by Wannaretireearly
Wed Apr 08, 2020 12:43 am
Forum: Personal Finance (Not Investing)
Topic: CA employee, over 65 in lockdown - 2 questions
Replies: 18
Views: 3003

Re: CA employee, over 65 in lockdown - 2 questions

This is for my mom. Appreciate if anyone familiar with a. CA laws/rules and b. Medicare part B, can help. 1. She works in a retail bank. Been at home for 2 weeks to comply with the over 65 rules per Gavin Newsom (State Governer). - bank has told her first two weeks (ending today) will be paid by th...
by Wannaretireearly
Tue Apr 07, 2020 12:33 am
Forum: Personal Finance (Not Investing)
Topic: CA employee, over 65 in lockdown - 2 questions
Replies: 18
Views: 3003

Re: CA employee, over 65 in lockdown - 2 questions

Appreciate any other insights/experiences. This is new and a lil disconcerting for our family...first time transitioning from employee healthcare to medicare. E.g. The online medicare guides say part c is essentially like an all in one plan (likely with vision/dental too) just more restrictive on ch...
by Wannaretireearly
Tue Apr 07, 2020 12:22 am
Forum: Personal Investments
Topic: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently
Replies: 112
Views: 11016

Re: Seasoned Bogleheads; What 3 Things Have You Done Financially Related to the Economy Recently

Multiple market times using TRDs in 401k. Honestly haven't figured out if it's worth much. Started with 2035 (last few years) moved to 2045, moved to all in S&P 500 (when down first dipped under 20k recently), moved to 2030 after the 3/4 day rally recently Sticking with 2030. Will move more aggressi...