Search found 210 matches

by 260chrisb
Sat Jan 12, 2019 10:25 am
Forum: Personal Consumer Issues
Topic: Brake fluid replacement?
Replies: 69
Views: 3938

Re: Brake fluid replacement?

In general brake fluid lasts a long time under normal conditions. I too have experienced the thrill of boiled brake fluid on a track due to excessive heat. Normal conditions will never cause this to happen. A good rule of thumb is every 4-5 years. Brake fluid can be tested for moisture but frankly a...
by 260chrisb
Wed Jan 09, 2019 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: First-time homebuying
Replies: 17
Views: 1179

Re: First-time homebuying

I've never used a "rent versus buy" calculator to buy a home (only bought one!) so I'm not sure how this suddenly influences the decision but having less than 20% down throws up a red flag (and gives the mortgage company more money) as does your lack of a fully funded emergency fund thereafter. Usin...
by 260chrisb
Thu Dec 13, 2018 9:20 am
Forum: Personal Consumer Issues
Topic: Is a New Car Okay if Driven 15+ Years?
Replies: 91
Views: 7441

Re: Is a New Car Okay if Driven 15+ Years?

You certainly can buy whatever you want but there are plenty of 2-3 year old Sienna vans to be had much cheaper than anything new. Is your 15-20 year number realistic?? Very few can keep and drive a car for 5-10 year. Even fewer (almost none) can or want to for 15-20. Depreciation is a terrible and ...
by 260chrisb
Thu Dec 06, 2018 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Is there a point to a Taxable Acount?
Replies: 25
Views: 1954

Re: Is there a point to a Taxable Acount?

Sure there is; it's a very good means to grow wealth assuming a long term investment outlook which you have based on your 10 year withdrawal plan. For whatever reason that would be. If you plan to live off of it in 10 years you're gonna need a lot more. You're a lot further ahead at 28 than most. Ke...
by 260chrisb
Thu Dec 06, 2018 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Solid my entire portfolio 12/3/18
Replies: 49
Views: 8626

Re: Solid my entire portfolio 12/3/18

My portfolio is "solid" as well. Sorry, I couldn't resist. The time to get back in isn't next Monday at 1:47, it's next Thursday at 2:13. You're in the wrong place my friend. You've been on for two months. Have you not been watching? It's okay to be in cash but don't expect growth. How old are you? ...
by 260chrisb
Thu Dec 06, 2018 11:18 am
Forum: Investing - Help with Personal Investments
Topic: What Now?
Replies: 11
Views: 1211

Re: What Now?

Over the years that I have followed this board (and as a Vanguard investor for years prior) it's always interesting to me that one can constantly learn from the posts and replies. I too ask; how can 12% create a "substantial" negative impact? Perhaps there is or was a need for better diversification...
by 260chrisb
Sun Dec 02, 2018 3:35 pm
Forum: Personal Consumer Issues
Topic: Best values at Costco? Honestly, a little disappointed...
Replies: 188
Views: 20999

Re: Best values at Costco? Honestly, a little disappointed...

Well certainly everything at Costco isn't for everyone. You have to shop and for me it's about buying things that I can use or consume before they go bad based on a 1-2 person family. That said I'm not going to buy a year and a half worth of toothpaste. I'm not an impulsive buyer, thus not their ide...
by 260chrisb
Sat Dec 01, 2018 9:19 am
Forum: Investing - Help with Personal Investments
Topic: HSA for non medical expenses
Replies: 2
Views: 260

HSA for non medical expenses

Can money in a HSA ever be used for non medical expenses?
by 260chrisb
Tue Nov 13, 2018 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 129
Views: 19906

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

These swings wear me out as well sometimes and admittedly I look at my portfolio a bit too often but never sell because I still have a few years until I need the money. I lost a bunch of money last month and I guess the good news is to lose a lot you have to have a decent amount. Seems like it's sta...
by 260chrisb
Tue Sep 25, 2018 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Be sure to check your tax estimates for 2018
Replies: 24
Views: 3452

Re: Be sure to check your tax estimates for 2018

Made adjustments today for Q4! Thanks for the reminder.
by 260chrisb
Thu Sep 06, 2018 9:38 am
Forum: Personal Consumer Issues
Topic: Yellowstone and Grand Teton must see and do
Replies: 22
Views: 1902

Yellowstone and Grand Teton must see and do

Adults only in Yellowstone and Grand Teton next week; must do and see? Thanks.
by 260chrisb
Wed Sep 05, 2018 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey actually suggested borrowing money?
Replies: 38
Views: 3942

Re: Dave Ramsey actually suggested borrowing money?

He has consistently over the years suggested that people should get an unsecured loan from a local Credit Union to cover the difference between what is owed and what the selling price would be as someone tries to sell a newer car that is upside down. Always wondered how easy this would be as I'm sur...
by 260chrisb
Tue Sep 04, 2018 9:13 am
Forum: Personal Consumer Issues
Topic: Types of seed for new lawn or sod?
Replies: 24
Views: 1672

Re: Types of seed for new lawn or sod?

KenKat is giving out pretty good advice! I'm in NE Indiana and buy seed (Kentucky Blue grass) at the local Rural King store in bulk and spread it liberally to repair or reseed areas that are not up to my standards and cover in straw. The mistake most people make is to not put down enough seed and to...
by 260chrisb
Mon Aug 27, 2018 6:37 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 553
Views: 60552

Re: U.S. stocks continue to soar!

The "US stocks in a freefall" is at 6790 posts. I don't understand?
by 260chrisb
Mon Aug 27, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Overfunding 401k - how to correct?
Replies: 9
Views: 662

Re: Overfunding 401k - how to correct?

I'm pretty sure there is no way you can do that but would be interested to hear from others. Did you fully fund it? Most money you put in goes into the plan quickly from your employer so it's not really sitting around to be send back to you. If not, and assuming there is no way of pulling the money ...
by 260chrisb
Mon Aug 27, 2018 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: 28/F - First time home buyer needs advice on saving more
Replies: 39
Views: 4040

Re: 28/F - First time home buyer needs advice on saving more

You'll be fine. No need ever to take out a 401K loan especially with your income. Keep loading it up, don't take away from it. You've moved part of your portfolio to a 2 year CD so you've got the balance of it to add to for growth. You've got a two year time horizon for the house so buy some more CD...
by 260chrisb
Thu Aug 23, 2018 8:14 am
Forum: Personal Consumer Issues
Topic: If you buy a classic car in Europe and aim to keep to drive it daily for 50 years
Replies: 26
Views: 1891

Re: If you buy a classic car in Europe and aim to keep to drive it daily for 50 years

I'm sorry, this is a silly post and I'm confused! This makes no sense; you want to drive a classic car (for whatever that means but assume a car that is 20-25 years old as the technical definition goes) as a daily driver for how many years? I've got several classic cars and would have a difficult ti...
by 260chrisb
Mon Jul 30, 2018 8:34 am
Forum: Personal Consumer Issues
Topic: Peloton spin bike worth the high cost?
Replies: 90
Views: 12017

Re: Peloton spin bike worth the high cost?

No way would I pay that. I love to ride outside (30 miles yesterday), belong to the local Y, and have a Schwinn IC Pro spinner in my spare bedroom so I've always got an option. Is it the motivational aspect of the Peloton program that interests you? Three grand buys a lot of stuff and chances are yo...
by 260chrisb
Wed Jun 27, 2018 9:25 am
Forum: Personal Consumer Issues
Topic: Vintage brands
Replies: 15
Views: 1590

Re: Vintage brands

Porsche! :D
by 260chrisb
Mon Jun 11, 2018 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Car Lease for parents
Replies: 37
Views: 2935

Re: Car Lease for parents

Never lease a car! Ever. Have them buy a 10 year old Buick. At their age they will not be driving for long. Maybe a couple more years? In a couple years sell the car.
by 260chrisb
Fri Jun 01, 2018 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Why can't I buy additional VMGMX or VDADX admiral?
Replies: 7
Views: 896

Re: Why can't I buy additional VMGMX or VDADX admiral?

VMGMX and VDADX are what I hold although the balance is below 10K! Perhaps that's the issue. They are both listed still as admiral shares. Odd. well, next payroll transfer I'll buy the investor shares and see what happens.
by 260chrisb
Fri Jun 01, 2018 1:04 pm
Forum: Investing - Help with Personal Investments
Topic: Why can't I buy additional VMGMX or VDADX admiral?
Replies: 7
Views: 896

Re: Why can't I buy additional VMGMX or VDADX admiral?

Not the case but thanks. I've only one account. This had never happened until recently.
by 260chrisb
Fri Jun 01, 2018 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Why can't I buy additional VMGMX or VDADX admiral?
Replies: 7
Views: 896

Why can't I buy additional VMGMX or VDADX admiral?

I already hold them but can't add additional shares. The last two times I've attempted this a window opens stating I must purchase the minimum amount (10K) to add this to my portfolio.
by 260chrisb
Wed May 16, 2018 8:37 am
Forum: Investing - Help with Personal Investments
Topic: Friend says "Stock market will crash, invest in silver" - thoughts?
Replies: 127
Views: 9878

Re: Friend says "Stock market will crash, invest in silver" - thoughts?

I think somebody needs to change the channel when the "invest your 401K in gold" and "now is the best time to buy silver" ads run featuring old Hollywood stars promoting such. I hear this every year or so and about two years ago heard it from a friend who said he was buying and taking possession of ...
by 260chrisb
Wed Apr 18, 2018 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: What can I do with cash in my emergency account
Replies: 10
Views: 1504

Re: What can I do with cash in my emergency account

I agree that 12 months is too much unless you are near retirement or in an unstable job situation. Not knowing what percentage of your portfolio this represents makes it difficult to answer as well. Six months is fine. Just leave it in the MM fund and forget it until you need it. Historically I neve...
by 260chrisb
Mon Apr 09, 2018 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Cash flow problems - best way to handle?
Replies: 151
Views: 12314

Re: Cash flow problems - best way to handle?

I would say none of the above. Seems like you're trying to borrow your way out of upcoming expenses. Like borrowing your way out of debt; it never works. Perhaps the best thing to do would be to stop the contributions to the 401K for as long as it takes you to get better cash flow.
by 260chrisb
Mon Apr 09, 2018 7:00 am
Forum: Investing - Help with Personal Investments
Topic: Maxing out 403(b) early in year
Replies: 10
Views: 891

Re: Maxing out 403(b) early in year

Go for it. I did this for years until my company changed the way they did the match. You have no match so nothing to lose from their standpoint. For me it was always a great sense of accomplishment. I'm sure you will get the same sense. I too got in a position where I could do without the paycheck f...
by 260chrisb
Fri Apr 06, 2018 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Entire $24,000 SEP IRA in Vanguard Health Care Fund
Replies: 34
Views: 3125

Re: Entire $24,000 SEP IRA in Vanguard Health Care Fund

I don't think you need to be talked off the ledge nor do I see this as fun money or gambling. It's a good holding. It is of course a bit higher in risk (4 versus 5 on the VG scale) than the S&P 500 fund which is more diversified so you will have to deal with some added volatility. I own it as do a l...
by 260chrisb
Fri Apr 06, 2018 8:09 am
Forum: Personal Finance (Not Investing)
Topic: House down payment - Smart for anything between 3.5% and 20%?
Replies: 23
Views: 2148

Re: House down payment - Smart for anything between 3.5% and 20%?

Never pay PMI. It's great for the lender but not for you. Put at least 20% down. If you can't, then save until you can.
by 260chrisb
Sun Apr 01, 2018 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA and RMD rate/schedule
Replies: 5
Views: 672

Re: Inherited IRA and RMD rate/schedule

This will be an inheritance divided by four to four grand children.
by 260chrisb
Sun Apr 01, 2018 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Inherited IRA and RMD rate/schedule
Replies: 5
Views: 672

Inherited IRA and RMD rate/schedule

If one has an inherited traditional IRA that has been subject to RMDs what's the future RMD rate and schedule based upon? Is it a yearly percentage based on the life expectancy of the person or persons who inherits it or is there a set number of years in which it must be exhausted?
by 260chrisb
Thu Mar 29, 2018 10:18 am
Forum: Investing - Help with Personal Investments
Topic: How many are using Automatic contributions?
Replies: 41
Views: 3444

Re: How many are using Automatic contributions?

The 401K is on autopilot for each pay "event" to get the maximum company match and set to max as is the HSA for the year. I've always hit my Roth with funds 5-6 times a year but never put this or my taxable VG account on auto contribution. I do have a CU savings account that the money comes from and...
by 260chrisb
Mon Mar 19, 2018 10:40 am
Forum: Personal Consumer Issues
Topic: What kind of bike do I need and how much should I spend?
Replies: 44
Views: 3405

Re: What kind of bike do I need and how much should I spend?

Certainly a lot of opinions and options. I wouldn't buy a Walmart cheapo bike, wouldn't buy one with a wide soft comfort seat, or a "comfort" bike, nor any specifically targeted bike (mountain, road, race, etc.). The problem with a cheapo or comfort bike is that once you start covering reasonably hi...
by 260chrisb
Thu Mar 15, 2018 7:10 am
Forum: Personal Consumer Issues
Topic: Tires on a 15 year old car....Replace or not?
Replies: 79
Views: 6341

Re: Tires on a 15 year old car....Replace or not?

It would be best to replace them if they are the original tires. I wouldn't personally replace the spare (probably a temp) but I would inspect it and make sure it's got proper pressure in it if it's a full size tire. Do it before you are forced to do it which never comes at a good time.
by 260chrisb
Wed Mar 14, 2018 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Accountant not doing taxes while you are there
Replies: 53
Views: 6986

Re: Accountant not doing taxes while you are there

Re: Accountant not doing taxes while you are there Report this post Quote Unread post by OnTrack2020 » Mon Feb 12, 2018 6:31 pm I take all our paperwork in and sit down with our CPA for an hour. She asks me questions; I ask her questions. She runs through the numbers on paper and tells me what we...
by 260chrisb
Wed Feb 21, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Giving up on first home
Replies: 43
Views: 4990

Re: Giving up on first home

I went thru the same emotional swings two and a half years ago. If you've made a good down payment, you've got an emergency fund in place, and you are buying within your means and the house is right you will be fine. I rented for 26 years and loved it but got to the point where I didn't want to rent...
by 260chrisb
Sun Feb 18, 2018 2:39 pm
Forum: Personal Consumer Issues
Topic: Seeing Yellowstone National Park
Replies: 24
Views: 2606

Seeing Yellowstone National Park

We want to see Yellowstone and am looking for advice. This is an adults only for 2-4. Always try and miss the peak season when we travel. Would like to go in early May. Good month or bad? How long should we plan to be in the park? Where is it best to fly into from the Midwest? Thoughts and advice is...
by 260chrisb
Sun Feb 11, 2018 6:39 pm
Forum: Investing - Help with Personal Investments
Topic: "Laid off, choices re 401k loan and rollover - Help Requested"
Replies: 19
Views: 2539

Re: "Laid off, choices re 401k loan and rollover - Help Requested"

Well, you can leave the money where it is for now. I don't know if an outstanding loan has any bearing on your ability to roll it over and get it out of the plan so check that next. After that, pay off the loan and then make a direct deposit rollover to an IRA.
by 260chrisb
Thu Feb 08, 2018 7:25 am
Forum: Investing - Help with Personal Investments
Topic: Why does my wife have this portfolio?
Replies: 32
Views: 4464

Re: Why does my wife have this portfolio?

Man you've got a serious problem! Your wife has accumulated 600K in investments. This needs addressed immediately! :D Okay, all kidding aside this is a good problem to have and likely needs some attention. I get it, she likes the guy and wants to keep him and you of course want to keep her and keep ...
by 260chrisb
Mon Feb 05, 2018 4:45 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 18559

Re: Vanguard site is crashed now?

I've got access. It's been a good day to buy! Was gonna buy anyway.
by 260chrisb
Mon Feb 05, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: Car Purchase and Sale Scams
Replies: 10
Views: 1311

Re: Car Purchase and Sale Scams

You mean to tell me didn't get the text messages in broken English inquiring about your "last, final, lowest, and best offer" to sell the car or the one asking about the amount of rust on the car after you list it in near perfect condition? Not even the constant calls from companies promising to sel...
by 260chrisb
Wed Jan 31, 2018 8:25 pm
Forum: Personal Consumer Issues
Topic: shall I buy Toyota prepaid maintenance service for 2018 Camry
Replies: 37
Views: 3910

Re: shall I buy Toyota prepaid maintenance service for 2018 Camry

Not including tires my guess is you will spend less than that on maintenance in the first 125-150,000 miles. Absolutely not!
by 260chrisb
Tue Jan 30, 2018 8:25 pm
Forum: Investing - Help with Personal Investments
Topic: Buy a house? But there's a student loan elephant in the room
Replies: 65
Views: 6935

Re: Buy a house? But there's a student loan elephant in the room

I'll let others deeply analyze this and get into the rent versus own etc. debate and being a pretty simple guy it seems to me there is a pretty simple solution to most issues like this. I first wonder why the DW can only make 110K after spending 324K for the job? Seems odd. I bought my first house a...
by 260chrisb
Sat Jan 27, 2018 2:01 pm
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 578
Views: 69252

Re: Finally!!!

Wow! Nicely done. We should buy YOU drinks.
by 260chrisb
Fri Jan 26, 2018 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: I got $3 federal refund from my 2017 tax return.
Replies: 10
Views: 2322

Re: I got $3 federal refund from my 2017 tax return.

Well congratulate yourself on getting it just right. Nothing worse than owing a bunch of money in April except getting a large refund of course. Tax refunds are the worse saving methods known. Perhaps a trick for next year would be to contribute to a 401K if you don't already.
by 260chrisb
Thu Jan 25, 2018 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant Recommends doing Whole Life Insurance
Replies: 64
Views: 6310

Re: Accountant Recommends doing Whole Life Insurance

Wow! This is laughable. You make enough money to do some really dumb things with money and get away with it but this makes no sense. Why do you need insurance in the first place? Fire him tomorrow, go find a new accountant, and donate the amount he wants you to drop into this garbage whole life poli...
by 260chrisb
Mon Jan 22, 2018 8:39 am
Forum: Personal Consumer Issues
Topic: Passport renewal and usage- what's the scoop?
Replies: 33
Views: 3292

Re: Passport renewal and usage- what's the scoop?

FWIW; unless you have an urgent need don't believe all the folks who say it takes 6-8 weeks to get your renewal back. I don't recall what the cost of expediting it was nor was I interested but I renewed mine late last summer and it took exactly three weeks to the day of mailing it until I received m...
by 260chrisb
Sat Jan 20, 2018 9:15 am
Forum: Investing - Help with Personal Investments
Topic: Job offer - no 401k offered
Replies: 35
Views: 4822

Re: Job offer - no 401k offered

So it's a great job but maybe not a perfect (from your standpoint relative to tax savings) company. Does DH have a 401K option? If so max it out. Max out a Roth for you both. Max out the company HSA if you can (which saves on taxes), and move on. You will begin to build wealth. Yes, a 401K is best a...