Search found 1498 matches

by mmmodem
Tue Dec 11, 2018 9:46 am
Forum: Personal Consumer Issues
Topic: hotel booking
Replies: 11
Views: 541

Re: hotel booking

I look at it as buying an extended warranty. I assume it is priced to allow the seller to make money, it is financially in my favor to take the non refundable rate. The chances of me needing a hotel are pretty high if I already purchased the airline tickets. Also spending 14x$30-50=$420-$700 to insu...
by mmmodem
Tue Dec 11, 2018 8:57 am
Forum: Personal Consumer Issues
Topic: Possibly dumb question about streaming services
Replies: 23
Views: 1150

Re: Possibly dumb question about streaming services

I was hoping to avoid going to this much trouble because I thought I'd need an antenna for each TV in the house. I'm assuming there are instructions for hooking up an antenna to your cable somewhere online? You'll only need one device connected to the antenna and your router. Look up HDHomerun, Ama...
by mmmodem
Mon Dec 10, 2018 8:20 am
Forum: Personal Consumer Issues
Topic: Electric bill with LED
Replies: 92
Views: 5417

Re: Electric bill with LED

Anyone notice a significant savings going from incandescent or CFL to LED? For about $50 in bulbs I switched all the bulbs in my house to LED. I did it to save $ and help the environment. Just wondering if anyone actually noticed a real savings month to month... I did not and I didn't expect to. LE...
by mmmodem
Fri Dec 07, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Auto refinance
Replies: 10
Views: 353

Re: Auto refinance

Even if you get 2.2%, that's like $5 a month savings. Is that worth the hassle​?
by mmmodem
Thu Dec 06, 2018 10:25 am
Forum: Personal Consumer Issues
Topic: Streaming over-the-air TV on a laptop
Replies: 17
Views: 1248

Re: Streaming over-the-air TV on a laptop

Silicondust HDHomerun user here as well. I stream over the air TV to my laptop, Fire TV, iPhone, Android, just about everything.
by mmmodem
Tue Dec 04, 2018 1:20 am
Forum: Personal Finance (Not Investing)
Topic: Home Purchase Price vs. Gross Income
Replies: 59
Views: 4277

Re: Home Purchase Price vs. Gross Income

Reading threads with conversations about setting yourself/family up for financial success even through hard times, I’m curious what other Boglegeads ratio of home purchase price is vs. gross income and whether you live in a LCOL, MCOL or HCOL. For my family, it was about 1.93x at time of purchase a...
by mmmodem
Sun Dec 02, 2018 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Employer says no to relocation as employee, should I offer to be contractor?
Replies: 37
Views: 3126

Re: Employer says no to relocation as employee, should I offer to be contractor?

We are home searching in Vermont and I hope to be living there by early next year. (Winter will be such a great time to move, oh well ;-) Thanks for getting back to us. So few return with what he happens. I relocated to New England exactly one year year ago. I don't know why people kept telling me ...
by mmmodem
Sun Dec 02, 2018 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Home Purchase Price vs. Gross Income
Replies: 59
Views: 4277

Re: Home Purchase Price vs. Gross Income

Our first home in an HCOL area was 1.5x. It was the smallest home in a desirable neighborhood with good schools. Our second home was 2.5x. Our third was 3.3x. Our current is 3.6x. At first glance it may seem lifestyle creep is spiraling out of control. However, accounting for the equity sale of the ...
by mmmodem
Sat Dec 01, 2018 11:27 am
Forum: Personal Consumer Issues
Topic: declining employer benefits?
Replies: 36
Views: 3961

Re: declining employer benefits?

I have not encountered an employer that pays for declining health insurance. However, my current employer does allow us to decline life insurance for cash which is great as I can get more term life insurance coverage per dollar on my own.
by mmmodem
Sat Dec 01, 2018 11:19 am
Forum: Investing - Help with Personal Investments
Topic: For those of us that can't max contribute
Replies: 43
Views: 2631

Re: For those of us that can't max contribute

I would attack that 5.5% by taking your emergency fund down to $0 (or $1000 if you need that comfort). That is just too high of an interest to keep around another minute. Your Roth IRA becomes your emergency fund at this point until all debt is paid off. Contributions can be taken out without penalt...
by mmmodem
Sat Dec 01, 2018 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Family loan
Replies: 19
Views: 1283

Re: Family loan

This is a lot ($50k) Given that context, I would offer them $10k and say this is all I can afford. So far, no family member has ever come back to ask for money when I offered to give them only a portion of what they asked. It's easier for me as I don't have to say no. They clearly understand that I...
by mmmodem
Sat Dec 01, 2018 6:47 am
Forum: Personal Finance (Not Investing)
Topic: Family loan
Replies: 19
Views: 1283

Re: Family loan

I don't loan money to my parents. I give it to them. If it's a small amount that does not affect my spouse or children's future, I'd give it regularly as I read the berry farm as their preferred way of retiring. Whether it is a money making business or not is inconsequential. It's as if they ask me ...
by mmmodem
Fri Nov 30, 2018 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Any single income earners with kids able to retire "early"?
Replies: 23
Views: 1556

Re: Any single income earners with kids able to retire "early"?

3 kids. DW was working until last year when child 3 arrived. We were in an HCOLA until this year. We've only maxed 2 Roth IRA and my 401k as our projections showed that we can retire easily at this savings rate. The last 10 years has been great to our investments such that we're on track to retire n...
by mmmodem
Fri Nov 30, 2018 7:55 am
Forum: Personal Consumer Issues
Topic: How do Bogleheads justify taking vacation?
Replies: 102
Views: 4376

Re: How do Bogleheads justify taking vacation?

So can Bogleheads and financially prudent people explain to me... WHY do you take vacation? Are you not upset over wasting so much time and money? I can't justify vacations. I happily collect as much vacation as I can. I sold back vacation when possible. I liked the security of knowing that if I wa...
by mmmodem
Thu Nov 29, 2018 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Company sponsored 401k $80/yr fee
Replies: 7
Views: 617

Re: Company sponsored 401k $80/yr fee

If there is no match, the general advice is to contribute to a Roth IRA first. Once you've maxed out it, than save in a 401k. My 401k charges $48 a year in fees so $80 is not out of the norm.
by mmmodem
Wed Nov 28, 2018 9:54 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card Question
Replies: 26
Views: 1357

Re: Credit Card Question

I would keep the balance at $0. The risk is too great that I would forget about it and have a late payment. What I noticed is most credit cards require a one purchase per year or the card is automatically cancelled. At that time I would determine if I still wanted to keep the card or buy a tank of g...
by mmmodem
Wed Nov 28, 2018 8:55 am
Forum: Personal Consumer Issues
Topic: My experience with iPhone6s battery replacement
Replies: 34
Views: 3050

Re: My experience with iPhone6s battery replacement

Battery throttling is written in the OS software and only affects iPhone 6 and up. The CPU is throttled to use less battery. It's a good thing. The controversy is that Apple did it without notifying owners. It can be easily construed as a way to manipulate owners to upgrade. That's why Apple has a d...
by mmmodem
Wed Nov 28, 2018 8:31 am
Forum: Personal Finance (Not Investing)
Topic: What's your safety number?
Replies: 24
Views: 2371

Re: What's your safety number?

$0 We look at it in the other direction. We max out 401k, Roth IRA, and HSA. Anything remaining after bills is discretionary spending to be used on whatever we want. There is no safety number besides the emergency fund. We do not save extra in a taxable account because with everything maxed, that's ...
by mmmodem
Mon Nov 26, 2018 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Job Offer - Should I take it?
Replies: 58
Views: 3850

Re: Federal Job Offer - Should I take it?

I have friends who live in Walnut Creek that Bart into the city. Their 2 bed apartment is about $2700 and it is nowhere near walking distance to Bart. Even if you do find a place, consider that it won't be $2700 rent for long. We used to live in Martinez and $2800 was enough for PITI on a single fam...
by mmmodem
Mon Nov 26, 2018 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Negotiating salary when you know you're underpaid
Replies: 16
Views: 2045

Re: Negotiating salary when you know you're underpaid

Ditto above. I've never received a significant raise without a competing job offer. I've done the textbook advice on meeting with the manager. I research comps for my position and level. I write an eloquent blurb on why I am an asset to the company and why I should be paid more. The only thing that ...
by mmmodem
Mon Nov 26, 2018 9:06 am
Forum: Personal Finance (Not Investing)
Topic: I'm so CHEAP! Don't think it is healthy.
Replies: 36
Views: 6836

Re: I'm so CHEAP! Don't think it is healthy.

I don't know if you being cheap is healthy or not but maybe a little perpective will help you. I embrace my cheapness. It's part of my character and I think it's perfectly healthy. I go to the lunch room at 2 pm everyday to see if there are leftovers from some customer meetings earlier in the day. I...
by mmmodem
Fri Nov 23, 2018 5:40 pm
Forum: Personal Consumer Issues
Topic: Why won't amazon adjust a price or otherwise credit me?
Replies: 14
Views: 1809

Re: Why won't amazon adjust a price or otherwise credit me?

Does this make any business sense at all? Now they are out the $8 shipping (or whatever their cost is), and they are stuck with a return which they either have to sell for less (open box/refurb/whatever) or just toss, plus the labor involved in handling the return. Amazon stopped allowing price adj...
by mmmodem
Fri Nov 23, 2018 2:09 pm
Forum: Personal Consumer Issues
Topic: Anything I should be wary of when buying cell phone from app?
Replies: 8
Views: 458

Re: Anything I should be wary of when buying cell phone from app?

Meet the seller at the carrier's store to confirm the phone is not stolen. I sold a phone once and met the buyer at a Verizon kiosk in the mall.
by mmmodem
Fri Nov 23, 2018 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: 529 Plan as an Uncle
Replies: 21
Views: 1669

Re: 529 Plan as an Uncle

So what are her thoughts on the possibility that she would never transfer ownership? Wouldn't this defeat the purpose? It's not necessary to transfer ownership as the beneficiary is the child. Current FAFSA rules will count 529 accounts owned by the student or parent as assets in the first year so ...
by mmmodem
Fri Nov 23, 2018 9:20 am
Forum: Personal Finance (Not Investing)
Topic: What financial information do you share with your family and relatives?
Replies: 112
Views: 9695

Re: What financial information do you share with your family and relatives?

I've been asked all of those things. I've shared the answers with no ill effects. Extreme privacy towards financial information is not a universal cultural norm. Where I live everyone knows everyone's salary and talk about it over lunch. If you are having coffee and ask how much their new house was...
by mmmodem
Fri Nov 23, 2018 7:42 am
Forum: Personal Finance (Not Investing)
Topic: 529 Plan as an Uncle
Replies: 21
Views: 1669

Re: 529 Plan as an Uncle

My sister is also in the enviable position of being secure with retirement and having many nieces and nephews she'd like to help with college. We do not have 529 accounts for any of our children as our retirement is not secure. She opened a 529 for each child and contributes monthly to them. She nee...
by mmmodem
Tue Nov 20, 2018 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Incompetent home inspector - what to do?
Replies: 52
Views: 5174

Re: Incompetent home inspector - what to do?

As others said, the buyer probably had cold feet. I found it immensely satisfying to see 2 previous inspection reports on a home I eventually purchased. I of course hired a 3rd inspection for myself. But before I purchased the home, I saw exactly what was wrong with the home and I could price myself...
by mmmodem
Mon Nov 19, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: Millennial behind - but still have time to [catch up]
Replies: 20
Views: 2219

Re: Millennial behind - but still have time to ketchup

If asset accumulation was a race or sport, I don't know how comforting it would be to say 'the had a terrible first quarter but there is still a lot of game left to play". If that's all there is to play, they wouldn't call it a quarter. They'd call it the game. Might I remind you the tale of the to...
by mmmodem
Mon Nov 19, 2018 1:42 pm
Forum: Personal Consumer Issues
Topic: How to share sensitive text & image between computer and phone?
Replies: 21
Views: 1530

Re: How to share sensitive text & image between computer and phone?

I send to this kind of stuff though email to myself. It's already encrypted. Don't connect to public wifi with your phone for that extra bit of security.
by mmmodem
Mon Nov 19, 2018 9:12 am
Forum: Personal Consumer Issues
Topic: New car - aftermarket upgrades vs higher trim
Replies: 28
Views: 1873

Re: New car - aftermarket upgrades vs higher trim

Aftermarket leather can be better or worse grade than OEM. It just depends on what you buy. Since Toyota leather is fake, (Softex) you will likely do better aftermarket. Quality aftermarket electronics are almost always better than OEM. However, I like the integrated look of OEM electronics so I wou...
by mmmodem
Sun Nov 18, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: Warm winter vacation
Replies: 25
Views: 2236

Re: Warm winter vacation

Looking for sunny weather in mainland US in the winter, you're basically limited to either southern California and Florida. And even San Diego is 50 degrees in winter so maybe just Florida. The snow is still on the ground after our first winter storm in New England, so we definitely feel your winter...
by mmmodem
Sun Nov 18, 2018 8:48 am
Forum: Personal Consumer Issues
Topic: New Crossover Confusion.....
Replies: 26
Views: 2169

Re: New Crossover Confusion.....

You should look at Edmunds.com and look at their True Cost to Own (TCO) calculator. There is more to owning a vehicle than just purchase price, like insurance, maintenance, and repairs. A 2018 Rav4 Advenrure has a TCO of $35k A Mazda CX5 touring has a TCO of $37k A 2018 Rav4 SE Hybrid has a TCO of $...
by mmmodem
Sat Nov 17, 2018 11:13 am
Forum: Personal Consumer Issues
Topic: My experience with iPhone6s battery replacement
Replies: 34
Views: 3050

Re: My experience with iPhone6s battery replacement

DW's battery capacity was above the 80% diagnostic replacement threshold recommended by Apple. However, the battery percentage often jumped from 20% to 5% instantly and stay at 5% for hours on end. It also behaved oddly at 100%. Even though, the phone lasted a day, not being able to accurately read...
by mmmodem
Fri Nov 16, 2018 11:26 am
Forum: Personal Consumer Issues
Topic: My experience with iPhone6s battery replacement
Replies: 34
Views: 3050

Re: My experience with iPhone6s battery replacement

Replaced DW's 4 year old 6s battery a couple months ago. I echo all of OP's points. Just don't be a bonehead like me. There are two Apple stores on the same street several miles apart in Boston. I made the appointment at the wrong store. The Genius shockingly said he would treat me as a walk-in appo...
by mmmodem
Fri Nov 16, 2018 9:32 am
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 133
Views: 12295

Re: How Long / Hard To Become a Millionaire on Under $100k Income

How long? About 10 years. I started saving in a 401k and Roth IRA in 2017. Under 40? I am under 40 Under 6 figures? Until this year, I made under 6 figures How hard? That depends on you. As others already stated, max out your retirement accounts. That's all I did and 10 years later, we have $1M. Sav...
by mmmodem
Thu Nov 15, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 114
Views: 7210

Re: Are you all staying the course?

Not only am I staying the course, I'm staying the course with mild satisfaction. 10 years ago I started a job that came with my 1st 401k account. Not knowing what to do, I started reading the Boglehead forum. The people here were telling me stocks were at a discount. I maxed out my retirement while ...
by mmmodem
Wed Nov 14, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Is there an online checking account that can do these three things?
Replies: 19
Views: 1229

Re: Is there an online checking account that can do these three things?

Alliant Credit Union fulfills all three criteria. ATM limit is $1000/day and mobile deposit max is $50,000. I've had an account for over a decade now but have never stepped into a branch. I don't exactly recommend them as their phone customer service is rather lacking. However, their interest rates...
by mmmodem
Wed Nov 14, 2018 9:13 am
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 129
Views: 19733

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

lostdog wrote:
Wed Nov 14, 2018 9:07 am
Dontwasteit wrote:
Wed Nov 14, 2018 7:37 am
I have the unique ability to never check when markets are down. Different story when market is up.
+1 Same here.
+2 Ditto
And I have the non unique ability to search
viewtopic.php?f=10&t=203792&start=250#p3649525
by mmmodem
Wed Nov 14, 2018 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Is there an online checking account that can do these three things?
Replies: 19
Views: 1229

Re: Is there an online checking account that can do these three things?

Alliant Credit Union fulfills all three criteria. ATM limit is $1000/day and mobile deposit max is $50,000. I've had an account for over a decade now but have never stepped into a branch. I don't exactly recommend them as their phone customer service is rather lacking. However, their interest rates ...
by mmmodem
Tue Nov 13, 2018 3:08 pm
Forum: Personal Consumer Issues
Topic: Is my Android tablet too old?
Replies: 16
Views: 841

Re: Is my Android tablet too old?

I disagree with most of the replies on here. Android 4.1 Jelly Bean is still supported by Chrome. https://support.google.com/chrome/answer/95346?co=GENIE.Platform%3DAndroid&hl=en You don't need to replace your tablet. You shouldn't install a new OS. A new OS may actually slow down your tablet. The r...
by mmmodem
Tue Nov 13, 2018 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: How much should Son and DIL put into Roth & Pre-tax 401k accounts...?
Replies: 21
Views: 1150

Re: How much should Son and DIL put into Roth & Pre-tax 401k accounts...?

When we were DINKs in our late 20's, DW and I maxed out our 401k and Roth IRA. This was met by disbelief from my coworkers. 10 years later, we now have a mortgage and one of us no longer has to work and can stay at home with the kids. Our retirement is fully funded if we don't add a penny to it. Any...
by mmmodem
Tue Nov 13, 2018 9:52 am
Forum: Personal Consumer Issues
Topic: cvt transmissions
Replies: 67
Views: 9123

Re: cvt transmissions

So here’s a question I’ve been pondering lately: is it better for the CVT to be run in “Eco mode,” or not. Eco mode, on my car, keeps the transmission in a higher “gear” during acceleration than it does in non-eco mode, thus keeping engine RPMs lower for the same car speed. My naive guess is that e...
by mmmodem
Tue Nov 13, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: Feeling uneasy about recent splurge
Replies: 40
Views: 4039

Re: Feeling uneasy about recent splurge

Anything that I splurge on meaning it's a want and not a need, I give myself a minimum 30 day cooling off period. Often times, I realize I no longer want the item. If I still do, then there is no reason to feel guilty. I can afford it.
by mmmodem
Mon Nov 12, 2018 9:25 am
Forum: Personal Consumer Issues
Topic: cvt transmissions
Replies: 67
Views: 9123

Re: cvt transmissions

We love our 2018 Forester CVT (although we can't speak to its reliability yet). The one comic aspect of its design is the fake shift points they have to program in to placate people who are somehow alarmed by smooth acceleration. Marylander1 I so wish I could get rid of the fake 'shifting' of the C...
by mmmodem
Mon Nov 12, 2018 9:21 am
Forum: Personal Consumer Issues
Topic: Prepaying for Rental Car - Availability Guaranteed?
Replies: 21
Views: 1191

Re: Prepaying for Rental Car - Availability Guaranteed?

I expect a relatively high risk of there not being a car available. Why do you expect this? When the vehicle in my size class isn't available I'm upgraded. I've never been left without a vehicle. I recently started prepaying for my rental as there is a good discount. If there is no discount, I woul...
by mmmodem
Sun Nov 11, 2018 7:06 am
Forum: Personal Consumer Issues
Topic: Quick Turnaround for Passport Applications (No Payment for Expedited Processing)
Replies: 18
Views: 1658

Re: Quick Turnaround for Passport Applications (No Payment for Expedited Processing)

That's good to hear they are improving. Did my wife's passport two years ago in April and it was 4 weeks turnaround.
by mmmodem
Fri Nov 09, 2018 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Chase points - what's the point of buying gift cards
Replies: 30
Views: 2627

Re: Chase points - what's the point of buying gift cards

I always take the statement credit for the simple fact that purchasing the item with the credit card will earn more rewards points.
by mmmodem
Thu Nov 08, 2018 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Never thought of living in Bay Area but just got a call from Tesla
Replies: 72
Views: 7577

Re: Never thought of living in Bay Area but just got a call from Tesla

I'm biased. I've lived in the Bay Area my whole life. I reluctantly moved out the area this year due to a job change. I still own my home a couple of miles away from Tesla HQ. Not only would I take a job from Tesla, if any company in the Bay Area would hire me, I would take it. I only got so far as ...
by mmmodem
Thu Nov 08, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 752
Views: 220462

Re: Share your net worth progression

I am very voyeuristic and love this thread. I only tracked digits for myself. 2007 - 4 digits Started working making $50k 2010 - 6 digits Got married making $150k combined 2018 - 7 digits Sold California home at ridiculous gains and moved east to LCOLA and changed to single income making $100k We li...
by mmmodem
Wed Nov 07, 2018 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: New job concerns
Replies: 52
Views: 5466

Re: New job concerns

In my previous job, there was nothing wrong with working regular 8-5. It just meant that you would be at a disadvantage for promotions and raises as others who do come in early and stay late will "seem" to look more dedicated than you even if they don't actually do more work. HR told me it was a 40 ...