Search found 1754 matches

by wilked
Sun Sep 27, 2020 4:57 pm
Forum: Personal Consumer Issues
Topic: Music for a camping trip
Replies: 19
Views: 1097

Re: Music for a camping trip

What are you doing for TV?
by wilked
Fri Sep 25, 2020 1:40 pm
Forum: Personal Investments
Topic: How to combine finances with your spouse? Recently married/early30s
Replies: 54
Views: 3699

Re: How to combine finances with your spouse? Recently married/early30s

Reviving this thread for a moment. DW and I recently got legally married. We've postponed the "big" religious wedding due to COVID. I'm 30, she's 28. I have about a $235K NW split between retirement and taxable accounts (64% VTSAX, 16% VFWAX, 6% VBTLX, 14% cash/VMFXX for emergency + "big" wedding e...
by wilked
Tue Sep 22, 2020 5:41 pm
Forum: Personal Consumer Issues
Topic: Anyone Have A Solo Stove?
Replies: 30
Views: 2884

Re: Anyone Have A Solo Stove?

Agreed with the others - this things awesome! Before, we had a traditional fire pit. Got everyone warm and Smokey. My wife eventually refused to join me at the fire. Not as much fun sipping a scotch by yourself. Now the whole family hangs there. Once hot it will no longer smoke. Generally the kids t...
by wilked
Tue Sep 15, 2020 2:33 pm
Forum: Personal Investments
Topic: Positioning for retirement at 55
Replies: 15
Views: 2512

Re: Positioning for retirement at 55

I was in the same boat 40. Actually you’re a bit better than I was at 40. I’m 51 now. I shifted my focus to building a taxable account. My 40s were great earnings years, so I still maxes the 401K while building up taxable. A key benefit to doing this, is you will have a lot of years from 55 to SS, ...
by wilked
Tue Sep 15, 2020 10:54 am
Forum: Personal Investments
Topic: Struggling Over whether to Sell my Tesla Stock
Replies: 42
Views: 2982

Re: Struggling Over whether to Sell my Tesla Stock

There's an easy solution
Image
by wilked
Tue Sep 15, 2020 9:41 am
Forum: Personal Investments
Topic: Positioning for retirement at 55
Replies: 15
Views: 2512

Re: Positioning for retirement at 55

Thanks for the replies Some good feedback. Some notes on my end: -At 55 my youngest will be ~20 years old. I understand not risking retirement for 529s, and don't believe I am. I may risk retiring at 55 but I consider that a bit of a luxury. I wouldn't retire unless we were able to comfortably help ...
by wilked
Tue Sep 15, 2020 5:36 am
Forum: Personal Investments
Topic: Positioning for retirement at 55
Replies: 15
Views: 2512

Positioning for retirement at 55

I am 40 years old and just old enough to realistically look ahead to retirement. What I am wondering is how to position myself best for a possible retirement as early as 55 (likely by 60). $1MM in 401k $400k in house equity $40k in 529s $70k in Roth Efund, but no significant savings in taxable As yo...
by wilked
Mon Sep 14, 2020 5:15 am
Forum: Personal Consumer Issues
Topic: Books or Courses on leadership that helped your career
Replies: 51
Views: 2575

Re: Books or Courses on leadership that helped your career

gips wrote: Mon Sep 14, 2020 3:18 am the book Getting to Yes.
This plus Never Split the Difference.

How to Win Friends is notes above

Negotiation skills plus people skills will get you very far
by wilked
Sun Sep 06, 2020 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford a 1.3 mil house?
Replies: 36
Views: 3566

Re: Can I afford a 1.3 mil house?

Two things Why are you buying a $1.3MM house w only two of you? And if the answer is you are planning to expand the family, I’d recommend you do that first and buy second. Expenses go way up with kids, life plans change (ie a spouse may want to stay home), and the other part is that something like 1...
by wilked
Fri Sep 04, 2020 9:33 pm
Forum: Personal Consumer Issues
Topic: How much to take down this tree?
Replies: 71
Views: 5298

Re: How much to take down this tree?

Are those power lines in the picture? If so, add to cost. If roof is old or unstable, add to cost. Vent pipe nearby. Add to cost. A pro company will use a boom truck and not touch that roof. Add to cost. That black car is inches from that garage wall. Is it drivable or do the tree trimmers have to ...
by wilked
Fri Sep 04, 2020 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Suggestions for Buying a House When You Already Own a Home
Replies: 12
Views: 1057

Re: Suggestions for Buying a House When You Already Own a Home

1. The general advice is to not do this unless you’d be willing to buy an equivalent property as a real estate investment. Generally not a good idea 2. You can, just expect to lose a lot of bids as sellers avoid those contingencies if they can. In a slow market it can work ok. 3. You can. Depending ...
by wilked
Fri Sep 04, 2020 8:53 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28053

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

I really don't understand the criticism I'm reading directed to the OP. Anywhere from "not your business" to questioning his motives. I He is his dad. He wants to offer good advice. Advice the I believe most Bogleheads would agree with. I would do the same if I faced the same situation. Yeah, I've ...
by wilked
Thu Sep 03, 2020 2:47 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28053

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

Tough month so far for TSLA. With today's general selloff, it's down about 18% since August 31 as I write this. I can't tell if it's intended to be tongue in cheek, but calling anything a tough month on the morning of the 3rd is kind of funny, esp considering it's up 30% over the last month (30 day...
by wilked
Thu Sep 03, 2020 2:18 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28053

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

Tough month so far for TSLA. With today's general selloff, it's down about 18% since August 31 as I write this. I can't tell if it's intended to be tongue in cheek, but calling anything a tough month on the morning of the 3rd is kind of funny, esp considering it's up 30% over the last month (30 day...
by wilked
Thu Sep 03, 2020 8:46 am
Forum: Personal Consumer Issues
Topic: How much to take down this tree?
Replies: 71
Views: 5298

Re: How much to take down this tree?

Need a photo from the side
by wilked
Mon Aug 31, 2020 10:25 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28053

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

You know, everyone out there telling you to stay out of it is right....But, I would still try one at least one explanation and then stay out of it. Consider putting it in writing and sharing some of your thoughts. Start off congratulating him, talk about goals, then talk about winning the game and ...
by wilked
Mon Aug 31, 2020 1:55 pm
Forum: Personal Investments
Topic: Family member has one million in one stock , doesn't want to cash out
Replies: 261
Views: 28053

Re: My dad has 1 million in Tesla, I told him to cash out, he doesn't want too

Advice?

Tell him to start a newsletter on his stock picks. I'll buy one for $20 based on that track record! And otherwise listen to him when he says 'butt out'
by wilked
Wed Aug 26, 2020 5:59 am
Forum: Investing - Theory, News & General
Topic: 10% Penalty on 529 withdrawal with Tuition Waiver?
Replies: 12
Views: 1306

Re: 10% Penalty on 529 withdrawal with Tuition Waiver?

You have $35k collectively. How much of that is growth and how much is principal?
by wilked
Mon Aug 24, 2020 8:06 am
Forum: Personal Finance (Not Investing)
Topic: New Job Offer - $100,000 Raise - Would I Be a Fool to Not Accept?
Replies: 94
Views: 7821

Re: New Job Offer - $100,000 Raise - Would I Be a Fool to Not Accept?

Does your spouse have interest in stopping work?

My wife would take advantage of this to stop working (we have two young kids also) and it would make the overall happiness of the household increase
by wilked
Wed Aug 19, 2020 4:11 pm
Forum: Personal Investments
Topic: Is it normal to see a 3 or 4 fund portfolio all down?
Replies: 5
Views: 432

Re: Is it normal to see a 3 or 4 fund portfolio all down?

Boulous wrote: Wed Aug 19, 2020 4:10 pm Is it normal to see a 3 or 4 fund portfolio down?
I thought Bonds funds are suppose to act as a counterbalance to stocks?
Am I missing something?
Thanks
Boulous
Over a 10 year period? I would be surprised if that was the case

Over a 24 hr period? I would not be surprised if that was the case
by wilked
Tue Aug 18, 2020 5:30 am
Forum: Personal Finance (Not Investing)
Topic: Good idea to buy son an inexpensive car with cosmetic defects?
Replies: 22
Views: 1452

Re: Good idea to buy son an inexpensive car with cosmetic defects?

Side note: my husband’s first car was a very ugly used minivan. He took all the seats out and was able to fit about 10 extra people in the back of the van. Voila, instant party car. I don’t think my in-laws ever realized it, but my husband cringes now when he thinks about how incredibly stupid that...
by wilked
Sat Aug 01, 2020 6:42 am
Forum: Personal Consumer Issues
Topic: Home Equity Question
Replies: 23
Views: 1597

Re: Home Equity Question

The best lesson you can give is to empower them to not rely on others for financial help. I am also going to guess they do not have an emergency fund of any significance, and in an emergency would turn to you for help. Teach them the power of savings and long term planning. Offer to help paint, or h...
by wilked
Sat Aug 01, 2020 6:28 am
Forum: Personal Finance (Not Investing)
Topic: Buy this house, or stay put?
Replies: 11
Views: 1156

Re: Buy this house, or stay put?

I would 100% move if it meant moving to a school district where you didn’t have to pay for private school. Is that an option?
by wilked
Thu Jul 30, 2020 12:24 pm
Forum: Personal Consumer Issues
Topic: First Time Home Buyer / Multi-Family - To Buy Or Not To Buy?
Replies: 21
Views: 1301

Re: First Time Home Buyer / Multi-Family - To Buy Or Not To Buy?

You are paying under-market rent, and living with your girlfriend. Does this $25K you have for downpayment include your e-fund? What is the other $140K of net worth invested in? The offer of a gift is generous, but I wouldn't take it. Keep living cheaply and keep saving. Check back in when you have ...
by wilked
Thu Jul 30, 2020 12:11 pm
Forum: Personal Investments
Topic: Is 2k dollars even worth DCA'ing?
Replies: 22
Views: 1909

Re: Is 2k dollars even worth DCA'ing?

I think $100K is the lowest amount that I might DCA for peace of mind
by wilked
Thu Jul 30, 2020 9:39 am
Forum: Personal Consumer Issues
Topic: What's wrong with my Roomba battery?
Replies: 25
Views: 1053

Re: What's wrong with my Roomba battery?

Used my Roomba for years, it cleans daily, battery runs plenty strong, never replaced. I would not be surprised with a battery replacement needed every 5-8 years, similar I would expect to my iPhone which is charged daily and does need a battery replaced on some periodic basis (numbering years)
by wilked
Wed Jul 29, 2020 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: House buying strategy: bridge loan, interest only mortgage, or ...?
Replies: 8
Views: 763

Re: Strategy: bridge loan, interest only mortgage, or ...?

If I have it right, you don't wish to close on existing house until you have already moved into new house? Will you list existing before you have an agreement complete on a new home?

If that bridge loan truly only costs $600 than it's a no brainer to me
by wilked
Wed Jul 29, 2020 2:52 pm
Forum: Personal Consumer Issues
Topic: Replacing a single tire on an AWD car
Replies: 40
Views: 29319

Re: Replacing a single tire on an AWD car

I normally buy 5 tires for my Subaru AWD, and then do a 5-tire rotation. This gives me a full-sized spare, and also lets me destroy one tire without having to replace all of them or try to find a close-enough replacement & shave. Another advantage of the 5-tire system is that then there's no hurry ...
by wilked
Wed Jul 29, 2020 2:39 pm
Forum: Personal Consumer Issues
Topic: What's wrong with my Roomba battery?
Replies: 25
Views: 1053

Re: What's wrong with my Roomba battery?

I've learned the hard way, never buy non-OEM w/ batteries. Tried it recently with 20V Dewalt and got exactly what I paid for
by wilked
Wed Jul 29, 2020 6:15 am
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 367
Views: 46487

Re: Don't pay full price for SiriusXM radio

UncleBen wrote: Tue Jul 28, 2020 8:21 pm I get $5/month for a year plus a free Amazon echo dot just by going to their website.
I was told this was for new customers only
by wilked
Tue Jul 28, 2020 4:09 pm
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 367
Views: 46487

Re: Don't pay full price for SiriusXM radio

Just renewed. Chat person said they didnt have the $60/yr promo. I said ok, cancel. She transferred me to a retention specialist, who quickly gave me the $60/yr.

Done for another year
by wilked
Mon Jul 27, 2020 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to buy this piece of property?
Replies: 19
Views: 1744

Re: Can I afford to buy this piece of property?

Some flags: -Why do you have $120k HELOC? -Why are you considering buying a property you wouldn't use for years when you have above HELOC? -Why do you already have a dormant property you are not using and wanting to buy another? As the poster above said, sell one and buy the other at a minimum? -You...
by wilked
Tue Jun 23, 2020 1:07 pm
Forum: Personal Consumer Issues
Topic: Robot Vacuum Recommendation for Elder?
Replies: 12
Views: 782

Re: Robot Vacuum Recommendation for Elder?

Agreed. Find me a vacuum cleaner that is noiseless and I'll find you a vacuum cleaner that is useless. Maybe we'll get there one day, but not today We have the Roomba i7 with the dock. I recommend that for someone elderly as it empties itself. Works awesome. The other requirement I would want for so...
by wilked
Tue Jun 23, 2020 9:48 am
Forum: Personal Investments
Topic: Be gentle [Help with portfolio]
Replies: 31
Views: 1586

Re: Be gentle [Help with portfolio]

Having frittered away my 20s and 30s I’m now playing catch-up. I have a pension starting at 60 that will pay 80-100k annually I'd say you're well ahead of the game, no catch up necessary with a pension like that. I made some basic assumptions and that pension is worth something like $1.5-2MM , I ha...
by wilked
Thu Jun 18, 2020 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Planning for future home - overextending?
Replies: 19
Views: 1526

Re: Planning for future home - overextending?

To offer a counterpoint, there is no way I would take on a 3X mortgage at $75K salary. People use multipliers on salary but it's not a linear equation. The first $50K or any salary is used for basic needs. It's above that that your disposable income increases and you can more easily apply that to w...
by wilked
Thu Jun 18, 2020 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Planning for future home - overextending?
Replies: 19
Views: 1526

Re: Planning for future home - overextending?

If you put down the equity from your current home + new cash and don't get a mortgage past 2.5x to 3.0x income, you should be OK. Keep saving for the bigger down payment. There is only so much you can save on $75k. It is a choice to have only one income. I would prefer you were putting more away pr...
by wilked
Wed Jun 17, 2020 7:03 am
Forum: Personal Finance (Not Investing)
Topic: Best HELOC company?
Replies: 27
Views: 1652

Re: Best HELOC company?

Bcoleman7506 wrote: Wed Jun 17, 2020 6:52 am Thanks for all the responses. I went with Frost Bank which was -.25% off WSJ prime. No fees whatsoever to open one.

I do have one question, their fee is 1.99% above prime-.25%. Is that ballpark?
:confused
by wilked
Tue Jun 16, 2020 9:36 pm
Forum: Personal Finance (Not Investing)
Topic: Seller breach of contract on home. I need advice.
Replies: 64
Views: 6785

Re: Seller breach of contract on home. I need advice.

“Well done is better than well said”

-Franklin
by wilked
Tue Jun 16, 2020 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Best HELOC company?
Replies: 27
Views: 1652

Re: Best HELOC company?

I’d go third federal if I were you
by wilked
Mon Jun 15, 2020 1:12 pm
Forum: Personal Consumer Issues
Topic: Furniture for an infant in the living room
Replies: 46
Views: 2796

Re: Furniture for an infant in the living room

Dear Spouse is DS? What should it be? I forgot what the abbreviation is. I was trying to fit in but I guess I failed. Typically: DS = Dear Son DH = Dear Husband DW = Dear Wife Never understood the use of these acronyms. It takes just as many keystrokes to write out "DS" as "son". daughter on the ot...
by wilked
Thu Jun 04, 2020 7:37 am
Forum: Personal Finance (Not Investing)
Topic: Selling wife's 1-year old car?
Replies: 86
Views: 6170

Re: Selling wife's 1-year old car?

There's various threads on the merits of a car loan vs cash, and I think those tend to end up 75% in favor of paying cash, 25% in favor of low-rate loans. I am in the cash crowd and for the reasons that underpin this thread. If OP and his spouse had paid cash they would have been forced to face thes...
by wilked
Wed Jun 03, 2020 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Selling wife's 1-year old car?
Replies: 86
Views: 6170

Re: Selling wife's 1-year old car?

I think it's interesting the note after the OPs wife's car on a recent post

viewtopic.php?f=2&t=305362
Debt
2017 Subaru Forester 8,200.00
2019 Mazda CX-5 27,000.00 (i know...)
by wilked
Wed Jun 03, 2020 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Selling wife's 1-year old car?
Replies: 86
Views: 6170

Re: Selling wife's 1-year old car?

trinc wrote: Wed Jun 03, 2020 2:06 pm you may want to add the possibility of 'mom' not going back to work in the mix. :happy

tim
or Dad!
by wilked
Wed Jun 03, 2020 6:43 am
Forum: Personal Finance (Not Investing)
Topic: Selling wife's 1-year old car?
Replies: 86
Views: 6170

Re: Selling wife's 1-year old car?

Pay off both cars. Keep saving. Have your baby, think about house hunting in about a year. Babies don't need a house, they need about a 2x2 square space at most and parents who aren't overly stressed by just having bought a new house
by wilked
Sat May 30, 2020 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Can my wife and I afford a $600K + house?
Replies: 57
Views: 5492

Re: Can my wife and I afford a $600K + house?

....we'd like more space and we have baby #1 on the way. I would put buying a house on the back burner until you have a healthy baby at home and things settle down some. Even if the best of times buying a house, movings, and settling in, etc is really stressful which might not be a great idea durin...
by wilked
Thu May 28, 2020 1:19 pm
Forum: Personal Consumer Issues
Topic: Hiring a handyman
Replies: 23
Views: 1492

Re: Hiring a handyman

My wife and I have several things that we need to have done at home. We've never hired a handyman before, but I'm lazy and not overly handy and am not interested in making a weekend project out of anything. Is it insulting to ask a handyman to go to Home Depot and pick up all of the items needed, i...
by wilked
Tue May 26, 2020 6:34 am
Forum: Personal Consumer Issues
Topic: Painting the house//estimates and experiences
Replies: 20
Views: 1560

Re: Painting the house//estimates and experiences

Good morning. We are looking to get the interior of our house painted. I'm curious if there are any bogleheads that have some experience in this area. Hopefully someone with an idea on how much a professional painter would cost to complete the job. It is a ranch style house, about 2200 sq ft. It is...
by wilked
Tue May 26, 2020 6:28 am
Forum: Personal Investments
Topic: Air conditioner stocks
Replies: 27
Views: 1930

Re: Air conditioner stocks

My good friend is a VP of sales at one of the big A/C companies. I can assure you he doesn't see Covid as good for business. Construction was frozen, being restarted, delays big projects 3-6 months. Investments for the next round of projects are being put on hold. These are his company's income sour...
by wilked
Thu May 21, 2020 3:24 pm
Forum: Personal Consumer Issues
Topic: Can I afford to buy an expensive guitar?
Replies: 34
Views: 1484

Re: Can I afford to buy an expensive guitar?

My advice - don't splurge on items like these. Buckle down and focus on paying down debt