Search found 1590 matches

by mmmodem
Mon Jun 17, 2019 4:42 pm
Forum: Personal Investments
Topic: How to balance retirement investments vs. house/car down-payments as a 20-something year old?
Replies: 1
Views: 55

Re: How to balance retirement investments vs. house/car down-payments as a 20-something year old?

Simple. All of it. Max out Roth IRA, 401k and HSA if available. Remainder after expenses can go to HYSA. Take full advantage of tax advantaged space as it is only available that year. I reduced my 401k savings appropriately in my late 20's when marriage and a home became more concrete targets with g...
by mmmodem
Mon Jun 17, 2019 7:35 am
Forum: Personal Finance (Not Investing)
Topic: Dental/Vision Insurance for Baby
Replies: 32
Views: 1199

Re: Dental/Vision Insurance for Baby

We received recommendation to put our child on our dental insurance as soon as she had teeth as complications with baby teeth could impact adult teeth. So we put our baby on dental insurancr shortly after she turned 1 on my employers next yearly enrollment. I took her with me to my dentist appointme...
by mmmodem
Sun Jun 16, 2019 2:46 am
Forum: Personal Consumer Issues
Topic: Radon levels in home
Replies: 19
Views: 1686

Re: Radon levels in home

I was paranoid about radon in our home for many years. We tested marginal when we bought the home. I spent $150 (on sale) for a continuous electronic monitor. The Wave from these folks. https://www.airthings.com/en-us/homeowners. HAd it about 2 years now, and it's been enlightening! Our basement de...
by mmmodem
Fri Jun 14, 2019 6:49 am
Forum: Personal Consumer Issues
Topic: Automobile air conditioning strategy
Replies: 21
Views: 2154

Re: Automobile air conditioning strategy

OP, what you are currently doing is the most fuel efficient way to cool a vehicle. As others have stated, AC is either on or off. There is no gradation. Turning up the temperatures adds heat to the air thereby decreasing the efficiency of the AC. MAX AC just closes the vents to recirculate and aims ...
by mmmodem
Fri Jun 14, 2019 3:08 am
Forum: Personal Consumer Issues
Topic: Toyota Sienna tire replacement at 12k miles
Replies: 65
Views: 3362

Re: Toyota Sienna tire replacement at 12k miles

After quickly wearing out a couple sets of run flats, I switched to regular tires and am much happier. I keep some fix a flat and a compressor in the car all the time, and have a full size spare to put in the car on long road trips. +1 I know run flats have their use but peace of mind isn't one of ...
by mmmodem
Thu Jun 13, 2019 9:01 am
Forum: Personal Finance (Not Investing)
Topic: How much is your guys’ fees for your 401k?
Replies: 61
Views: 2442

Re: How much is your guys’ fees for your 401k?

Current 401k: $4/mon or $48/yr
Previous 401k: $15/qtr or $60/yr
Previous previous 401k: $0

I was complaining loud about my previous employer 401k fees but I guess judging from this sample size, it was mid pack.
by mmmodem
Wed Jun 12, 2019 11:48 am
Forum: Personal Consumer Issues
Topic: Toyota Sienna tire replacement at 12k miles
Replies: 65
Views: 3362

Re: Toyota Sienna tire replacement at 12k miles

As the AWD version doesn't have a spare tire, run-flat tires are pretty much required for a wife with 3 small kids. You can also purchase regular tires and use the fix a flat can. That's what Toyota puts in my Prius instead of a spare or run flat tires. The pros being regular tires don't wear as qu...
by mmmodem
Wed Jun 12, 2019 10:45 am
Forum: Personal Consumer Issues
Topic: (Water Filtration System) Miracle we are all not dead
Replies: 61
Views: 5329

Re: (Water Filtration System) Miracle we are all not dead

Curious to hear experience from those of you who have been down this road and what you recommend. My experience? I did not let the guy into my home. I bought a new home build 3 years ago. He along with pest control, landscaping, solar installation, security systems, and a few more blanketed the new...
by mmmodem
Fri Jun 07, 2019 7:31 am
Forum: Personal Finance (Not Investing)
Topic: how to deal with people who are not living boglehead way of life
Replies: 45
Views: 2726

Re: how to deal with people who are not living boglehead way of life

What if I said you are living a life of waste driving a large car like a Camry when you have such a long commute? You should be driving a 2004 Prius and save on gas costs. You don't need to lug around such a large vehicle for a one person commute. :twisted: Also, you really ought to get married. You...
by mmmodem
Fri Jun 07, 2019 5:34 am
Forum: Personal Consumer Issues
Topic: New Camry Questions
Replies: 54
Views: 2526

Re: New Camry Questions

The only thing that will need a subscription is satellite radio and possibly the Entune infotainment system. Toyota tried to sell me an Entune subscription after the first 3 years were up. No one signed up and they ended up giving it out for free. Entune 3.0 is significantly updated. Leather is easi...
by mmmodem
Thu Jun 06, 2019 4:55 pm
Forum: Investing - Theory, News & General
Topic: Convince me not to try to time the market
Replies: 27
Views: 2022

Re: Convince me not to try to time the market

This thread about Bob, the worst market timer in the world gives me confidence to lump sum. Time in the market is what matters.
viewtopic.php?t=166730
by mmmodem
Wed Jun 05, 2019 8:38 pm
Forum: Personal Consumer Issues
Topic: 1080p HD Streaming Minimum Requirements
Replies: 7
Views: 437

Re: 1080p HD Streaming Minimum Requirements

Windows 10 running Edge is faster than Chrome when playing Youtube videos. I have a couple of Celeron laptops with 4 gb ram that struggle to play 720p videos. But switching to Edge, I can even play 1080p without stutter. Supposedly Edge runs a video codec that has lower cpu utilization. See here: ht...
by mmmodem
Wed Jun 05, 2019 8:29 pm
Forum: Personal Consumer Issues
Topic: Does a big family need 2 big cars? Question for 3 kid+ families
Replies: 58
Views: 3593

Re: Does a big family need 2 big cars? Question for 3 kid+ families

I used to have a 500 mile weekly commute. Prius all the way. 50 mpg. There is an AWD version now. Three cars seats fit in a row just fine. The middle seat is a slim Diono Radian. It worked so well for us that it became the travel car as well and we frequently took it on 1000 mile round trips to San ...
by mmmodem
Wed Jun 05, 2019 7:53 am
Forum: Personal Finance (Not Investing)
Topic: Would you buy a house without a garage?
Replies: 95
Views: 5907

Re: Would you buy a house without a garage?

For most of my life I had no idea why anyone would waste a perfectly good garage by parking a car in it. Interesting. I've always wondered why people store mostly worthless junk in their secured garage and park expensive vehicles out on the street. :P I recently moved from CA to NH and what I've fo...
by mmmodem
Tue Jun 04, 2019 6:58 am
Forum: Personal Investments
Topic: Would you pay off car loan early?
Replies: 46
Views: 2212

Re: Would you pay off car loan early?

I could be wrong, but a lot of the posters here seem to pay cash for their cars. I think a lot of that has to do with the fact that a lot of the members here have accumulated a significant net worth where a $35,000- $50,000 car only makes a small part of their financial world. Easier to just pay it...
by mmmodem
Mon Jun 03, 2019 12:36 pm
Forum: Personal Consumer Issues
Topic: Do you drive old cars for long distance travels?
Replies: 105
Views: 6953

Re: Do you drive old cars for long distance travels?

If you asked me a few years ago, that would be an absolute no way. However, cars are impressively well made these days and do last longer and longer. Up to about 200k miles, time is worse on a vehicle than mileage on my opinion. I used to drive my Prius up and down CA between San Francisco and San D...
by mmmodem
Mon Jun 03, 2019 9:45 am
Forum: Personal Investments
Topic: Would you pay off car loan early?
Replies: 46
Views: 2212

Re: Would you pay off car loan early?

Thanks everyone for your suggestions.So most members here believe I should pay it off I don't have a IRA account. My other plan was to invest the amount in stocks using Robinhood. There is actually no consensus on BH on this issue. It just so happens those that believe you should pay off this loan ...
by mmmodem
Mon Jun 03, 2019 8:51 am
Forum: Personal Consumer Issues
Topic: Does money/lack of money preoccupy you?
Replies: 79
Views: 6095

Re: Does money/lack of money preoccupy you?

I'm on the the opposite end of the spectrum. I don't think people are occupied enough with money. I just read an article on people that get advice about money tend to save more. https://www.cnbc.com/2019/05/31/retirement-saving-improves-when-workers-get-help-with-financial-life.html After you get ov...
by mmmodem
Mon Jun 03, 2019 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Invited to vacation house then surprised with expenses—what now?
Replies: 64
Views: 3680

Re: Invited to vacation house then surprised with expenses—what now?

1. As others already indicated, let your spouse handle the specifics of communication. 2. Your higher travel expense have no consequence on the share of the vacation rental. If you want to make your case about paying your fair share, it's best to leave that part out. It's none of their business and ...
by mmmodem
Fri May 31, 2019 8:52 pm
Forum: Personal Investments
Topic: What percent of your assets do you have in investment property (excluding your personal residence)?
Replies: 73
Views: 3027

Re: What percent of your assets do you have in investment property (excluding your personal residence)?

Why do you dislike having rental properties? I think rental properties are more risk and more work for more reward. I'm not willing to put in the work or take the risk. I've had too many friends and families get interrupted in the middle of social gatherings to tend to a tenant. My sister claims it...
by mmmodem
Fri May 31, 2019 11:48 am
Forum: Personal Investments
Topic: What percent of your assets do you have in investment property (excluding your personal residence)?
Replies: 73
Views: 3027

Re: What percent of your assets do you have in investment property (excluding your personal residence)?

Why do you dislike having rental properties? I think rental properties are more risk and more work for more reward. I'm not willing to put in the work or take the risk. I've had too many friends and families get interrupted in the middle of social gatherings to tend to a tenant. My sister claims it...
by mmmodem
Fri May 31, 2019 11:20 am
Forum: Personal Investments
Topic: What percent of your assets do you have in investment property (excluding your personal residence)?
Replies: 73
Views: 3027

Re: What percent of your assets do you have in investment property (excluding your personal residence)?

29% of our assets are in rental property. The appropriate amount for me is 0%. I would sell today if I could but circumstances as they are, prevent this. My primary home is more than enough real estate exposure for my asset allocation. If I did not own a home or felt I needed more real estate exposu...
by mmmodem
Tue May 28, 2019 9:26 am
Forum: Personal Consumer Issues
Topic: What has changed in new home construction over the years?
Replies: 49
Views: 6073

Re: What has changed in new home construction over the years?

I doubt anything has changed on a quality standpoint. I think what you're seeing is an access to information. I don't buy the story that they used to build them better with pride and quality. Nope, companies cut corners where they can and cheaped out where they can back then and today. Why would the...
by mmmodem
Thu May 23, 2019 1:27 pm
Forum: Personal Consumer Issues
Topic: ongoing eBay buying problems
Replies: 30
Views: 2038

Re: ongoing eBay buying problems

This post reminds me of when my wife asked me to fix the lawnmower. “Whats wrong with it?” I asked. “I don't know. If I knew, I wouldn't be asking you to fix it.” I try asking in a different way, "How do you know it is broken?" "Because it doesn't work." I get frustrated, "What doesn't work?" "The l...
by mmmodem
Thu May 23, 2019 6:52 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage almost paid off
Replies: 31
Views: 3364

Re: Mortgage almost paid off

There were no additional fees for me. As you have already outlined. The bank estimates an amount. It's always a payoff date far into the month with interest. I pay it and they refund me the extra interest paid because they receive my payment earlier than the estimate.
by mmmodem
Tue May 21, 2019 8:58 am
Forum: Personal Consumer Issues
Topic: Car repairs: what to do next time
Replies: 42
Views: 2590

Re: Car repairs: what to do next time

The rule I follow is: If (Repair cost) + (Value of car as is) > (Value of the car repaired). Then you sell. The reason is simple: If you can buy a used vehicle in the same condition as your vehicle repaired for less money, why wouldn't you? Why pay more money? And people normally say this, next, "Be...
by mmmodem
Mon May 20, 2019 7:34 am
Forum: Personal Finance (Not Investing)
Topic: At what NW do I have disposable income?
Replies: 85
Views: 5964

Re: At what NW do I have disposable income?

Others here would suggest that if you aren't putting away 75% of your net income that you are frivolous. I don't read that suggestion at all. :shock: The most extreme recommendation that I come across on this forum is Klangfool's which is to save 100% of your yearly spending as a goal. Depending on...
by mmmodem
Sun May 19, 2019 8:09 am
Forum: Personal Consumer Issues
Topic: Crazy to Sell a Newer Car for an Older Car?
Replies: 49
Views: 2919

Re: Crazy to Sell a Newer Car for an Older Car?

I agree, keep the car , but the disagree with the explanation. If another young driver asked, should I buy a 2018 Toyota Camry for $23k with the $20k in the bank or buy a cheaper car and invest the rest of the $20k, what do you think the answers would be? Inertia and momentum are powerful. Which we...
by mmmodem
Sat May 18, 2019 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: At what NW do I have disposable income?
Replies: 85
Views: 5964

Re: At what NW do I have disposable income?

Call me cheap. Disposable income or fun money begins after I've maxed out all tax advantages accounts. That's 38k for me. (6k his Roth, 6k her Roth, 19k 401k, and 7k HSA). Like paying AMT, I would love to have the problem of too much money. I would much rather have issues spending it than not having...
by mmmodem
Fri May 17, 2019 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone use Treasury Direct ?
Replies: 34
Views: 1949

Re: Anyone use Treasury Direct ?

I was willing to put up with the web site login idiosyncrasies, and the refusal to allow normal back button (infuriatingly will log you out), but finally gave up this year. I was locked out because of some login fails on a new computer, and couldn’t get through to support because of the government ...
by mmmodem
Fri May 17, 2019 3:20 pm
Forum: Personal Consumer Issues
Topic: Why do plumbers get paid so well?
Replies: 84
Views: 6216

Re: Why do plumbers get paid so well?

I don't know why plumbers get paid so much and I refuse to pay for it. That's why I do my own plumbing work. I do leave the electrical work to electricians though. I'm comfortable doing the work but if I do a poor job with the pipes, I get a leak. Bad electrical could spark a fire. At my work, clien...
by mmmodem
Fri May 17, 2019 3:06 pm
Forum: Personal Consumer Issues
Topic: Synthetic oil or not for very low mileage auto?
Replies: 47
Views: 3101

Re: Synthetic oil or not for very low mileage auto?

I used to be a courier so I've done more oil changes than a non-mechanic person would. My 2002 and 2006 Honda Civic owners manual recommended conventional oil on what usually turned out to be 10k miles or one year oil change intervals. So that's what I did and both vehicles ran perfectly. Therefore,...
by mmmodem
Thu May 16, 2019 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Do you reward yourself for achieving a financial goal?
Replies: 107
Views: 6562

Re: Do you reward yourself for achieving a financial goal?

DonIce wrote:
Thu May 16, 2019 1:23 pm
mmmodem wrote:
Thu May 16, 2019 10:15 am
When we crossed 3 commas last year, I just relaxed and breathed a sigh of relief.
You could probably have relaxed with 100x less money :)
Hah! So many commas, I don't even know what to do with them. :sharebeer
by mmmodem
Thu May 16, 2019 11:53 am
Forum: Personal Consumer Issues
Topic: Should I replace Prius Hybrid Battery?
Replies: 44
Views: 3525

Re: Should I replace Prius Hybrid Battery?

Previous owner of a 2005 and 2012 Prius. $2600 for a battery replacement with a 3 year warranty is a fantastic deal. I'd take it in a heartbeat. Gen 2 Prius such as yours has been proven to be rock solid. Just be certain it is a new battery pack and not refurbished.
by mmmodem
Thu May 16, 2019 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Do you reward yourself for achieving a financial goal?
Replies: 107
Views: 6562

Re: Do you reward yourself for achieving a financial goal?

you left out a zero from my perspective maybe buy something) at 2,500,000. Usually it might be a starbucks coffee nice car (1-2 years old, preowned) at 5,000,000 if needed and old car is ready to be turned in, not as a reward though at 250,000 or 500,000 not really on the radar for me, thats just m...
by mmmodem
Thu May 16, 2019 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Reservations about job offer
Replies: 65
Views: 4077

Re: Reservations about job offer

You interviewed for a lead role. They declined to hire you for a lead role. What's the question? +1 It sounds like there is some limiting issue with your qualifications or experience and at least one person doesn't think you're a good lead. However, there's enough support for you that they want you...
by mmmodem
Thu May 16, 2019 8:23 am
Forum: Personal Consumer Issues
Topic: [Another] How much to spend on a car/what to get thread
Replies: 27
Views: 1413

Re: [Another] How much to spend on a car/what to get thread

You, like the GM of my previous work place can afford to buy just about any vehicle. He is also extremely frugal and was not shy about preaching the value of the dollar to the rest of us. Before he was GM, he actually bought a beater from one of the people who worked for him. Once he was promoted to...
by mmmodem
Wed May 15, 2019 6:45 am
Forum: Personal Consumer Issues
Topic: Chrome or Brushed Nickel [Bathroom fixtures]
Replies: 29
Views: 2022

Re: Chrome or Brushed Nickel

I'm pretty sure brushed nickel is the popular choice these days but that changes with time. Carpet, harvest gold, and popcorn acoustic ceilings used to be popular as well. DW was solidly brushed nickel fixtures and white cabinets when we were married. A decade later she prefers dark bronze and distr...
by mmmodem
Tue May 14, 2019 11:41 am
Forum: Personal Consumer Issues
Topic: curiosity question - location from mobile hotspot
Replies: 7
Views: 566

Re: curiosity question - location from mobile hotspot

Is this a work Laptop or phone? This never happens on DW's phone which is a personal phone. This only happens on my work phone and work laptop and the reason is as stated above. The data is first routed to some company location. It's never in the same place. This is for security reasons and yes, you...
by mmmodem
Tue May 14, 2019 7:32 am
Forum: Personal Finance (Not Investing)
Topic: Worth Fighting a Speeding Ticket?
Replies: 64
Views: 4317

Re: Worth Fighting a Speeding Ticket?

It would depend on the cost of the ticket. Here are a couple of anecdotes. I was caught going 80 on a 65 limit. This would've been hundreds of dollars. I may have gone to court for this amount hoping for leniency. However, the cop was shocked I admitted fault and lowered my speed to 70. I know, I kn...
by mmmodem
Sun May 12, 2019 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Move out or stay at my parents?
Replies: 70
Views: 4824

Re: Move out or stay at my parents?

This really is a personal question and not a financial one. You'll obviously save more money staying rent free at home. But some think the compromises to your lifestyle is too much. FWIW, I moved out of the home at age 29 when I got married. It sounds like your parents are not overbearing, neither w...
by mmmodem
Sat May 11, 2019 12:11 pm
Forum: Personal Consumer Issues
Topic: Brother in law using our address
Replies: 12
Views: 1678

Re: Brother in law using our address

Quite the nervous bunch here. But I guess better to know worst case situation. Both my SIL's use our address as their mailing address. I have no issues with continuing to allow this. I actually saw a couple of collections notices. But other than the actual piece of mail, there have been no consequen...
by mmmodem
Sat May 11, 2019 8:05 am
Forum: Personal Consumer Issues
Topic: Used cars: Age, mileage, condition
Replies: 16
Views: 1344

Re: Used cars: Age, mileage, condition

As you have noticed on your Saab, I generally think that age is harder on a vehicle than mileage for vehicles under 100k miles. Any car made today will last 100k miles easily. I also appreciate newer technology and safety equipment. I'm hesitant to buy a car without Bluetooth or a backup camera. The...
by mmmodem
Fri May 10, 2019 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Term4Sale callbacks trying to upsell?
Replies: 25
Views: 1805

Re: Term4Sale callbacks trying to upsell?

We used term4sale and I recall the agent giving us a range of different policies and terms look over. 300k/20 years is on the low end and even I would try to upsell you on at least $500k and I make zero on the commission. This is due to having the possibility of a second child. We have $500k 20 year...
by mmmodem
Fri May 10, 2019 11:39 am
Forum: Personal Consumer Issues
Topic: How to replace HDD with SSD
Replies: 16
Views: 1669

Re: How to replace HDD with SSD

Re: How to replace HDD with SSD Post by mmmodem » Fri May 10, 2019 6:58 am I strongly recommend against upgrading the SSD on a new laptop purchase unless the SSD is free. You're looking at spending $300 + a SATA-to-USB cable and an SSD + a few frustrating hours figuring out how to do the upgrade. [...
by mmmodem
Fri May 10, 2019 6:58 am
Forum: Personal Consumer Issues
Topic: How to replace HDD with SSD
Replies: 16
Views: 1669

Re: How to replace HDD with SSD

I strongly recommend against upgrading the SSD on a new laptop purchase unless the SSD is free. You're looking at spending $300 + a SATA-to-USB cable and an SSD + a few frustrating hours figuring out how to do the upgrade. Call it $400 plus time. There's quite a few laptops on Amazon when you search...
by mmmodem
Thu May 09, 2019 12:52 pm
Forum: Personal Consumer Issues
Topic: Cutting the cord with U-verse....Questions.
Replies: 17
Views: 1292

Re: Cutting the cord with U-verse....Questions.

I have 25Mbps service and that is fine for streaming to multiple tvs at once. This link will give you requirements for various services: https://www.lifewire.com/internet-speed-requirements-for-movie-viewing-1847401. They are per stream (1 tv). For example, Hulu: 1.5 Mb/s to stream standard definit...
by mmmodem
Wed May 08, 2019 1:12 pm
Forum: Personal Consumer Issues
Topic: wedding gift value
Replies: 80
Views: 4352

Re: wedding gift value

I've been to nearly a dozen weddings now. I feel like a guru. It is easy word of mouth to get the cost per plate. If It isn't easy, consider that you may not be close to the couple and your invitation was only out of respect. The couple did not expect you to accept. You probably don't want to go any...
by mmmodem
Tue May 07, 2019 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: pre-qualified to get on the list
Replies: 45
Views: 3069

Re: pre-approval to get on the list

Speaking as someone who purchased a newly built home, the builder's don't really care how the home is paid for as long as it is paid for. You already know why you need the pre-approval. The next step is they go down their list and choose you to purchase the next home. You choose the plot and put dow...
by mmmodem
Mon May 06, 2019 6:08 pm
Forum: Personal Consumer Issues
Topic: Winter Tires All Year?
Replies: 62
Views: 3735

Re: Winter Tires All Year?

In your situation, I'd probably run the winter tires year round. Rapid tire wear is not an issue as your tires would expire long before they wear out. As a fellow driver, I'd rather share the road with you on winter tires year round than all seasons year round. I'm more afraid of a car in winter los...