Search found 10805 matches

by TomatoTomahto
Mon Sep 21, 2020 6:22 am
Forum: Personal Finance (Not Investing)
Topic: Paying BofA credit card bill online?
Replies: 8
Views: 250

Re: Paying BofA credit card bill online?

It is worth noting that paying the current balance automatically with BoA credit cards seems to be impossible. The only card that I’ve missed a payment on, EVER, is a BoA card.

I know I can set automatic payments of a specific amount, but not the variable balance.
by TomatoTomahto
Sun Sep 20, 2020 1:26 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 2118
Views: 225129

Re: [What TV Show Have You Recently Watched?]

^ cinematography reminded me of Dick Tracy. Highly saturated monochromatic colors.
by TomatoTomahto
Sun Sep 20, 2020 7:49 am
Forum: Investing - Theory, News & General
Topic: Chris Hogan's Facebook Group restrictions
Replies: 52
Views: 3066

Re: Chris Hogan's Facebook Group restrictions

My life got better when I deleted my Facebook account. I highly recommend it. If you’re not ready to do it, suspend your account as a trial. I did that and restored my account twice before finally kissing it goodbye. Mark Zuckerberg makes me want to believe in an afterlife. As far as Chris Hogan goe...
by TomatoTomahto
Sat Sep 19, 2020 6:59 am
Forum: Personal Finance (Not Investing)
Topic: The WR in practice [Withdrawal Rate]
Replies: 62
Views: 3264

Re: The WR in practice [Withdrawal Rate]

I've finally saved enough for retirement. I'm about to turn 38 and I've saved $1M. Mostly equities. Congrats on your ability to amass a rather impressive amount of money for a guy your age. Sorry to be the gender police, but JPG has not indicated that they are a “guy.” 😄 Gender aside, JPG, you will...
by TomatoTomahto
Fri Sep 18, 2020 4:40 pm
Forum: Personal Investments
Topic: Strategies for scenarios when using taxable with no EF
Replies: 25
Views: 1601

Re: Strategies for scenarios when using taxable with no EF

bloom2708 wrote: I think if you have $500k in taxable and want to go all stock index funds with just a checking account, you'd likely be fine. Even a 50% drop leaves you with $250k.
I guess it depends on how large your emergency needs might be, but I wouldn’t want to have to sell at a low point.
by TomatoTomahto
Thu Sep 17, 2020 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 307
Views: 18724

Re: Preparing for retirement in mid 30s

Further to @jmw’s post, when I was a kid my parents didn’t have the $5 (?) to have me go on a class field trip. I was the only kid who didn’t go, but I understood that my parents really didn’t have it. No hard feelings. If you had told me that my parents had $1.5M in the bank, I might have felt diff...
by TomatoTomahto
Thu Sep 17, 2020 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 307
Views: 18724

Re: Preparing for retirement in mid 30s

It’s very different to live on $x if you have to, rather than the multiple of $x you could and have lived on. Regardless, the family had better be on board with this plan, and I use the word plan carelessly, as it appears to be based on nothing much more thoughtful than a web available piece of soft...
by TomatoTomahto
Thu Sep 17, 2020 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 307
Views: 18724

Re: Preparing for retirement in mid 30s

Although i'm not enthusiastic about the OP's plan, in fact public colleges and universities may be at least tuition-free for a family in the proposed income range. Did they stop looking at assets? Unlikely to be tuition free with $1.5M in assets, nor imo should it be. I'm not terribly informed, but...
by TomatoTomahto
Thu Sep 17, 2020 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 307
Views: 18724

Re: Preparing for retirement in mid 30s

2 teenage kids eat a lot.....a lot. They also play sports, dance, gymnastics, religion, join clubs, travel teams, want to travel, want new clothes, shoes, go to a ball game, a movie, a friends birthday party, etc. Get ready! Sure you can tell the kids to pay their own way......let us know how that ...
by TomatoTomahto
Thu Sep 17, 2020 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 307
Views: 18724

Re: Preparing for retirement in mid 30s

2 teenage kids eat a lot.....a lot. They also play sports, dance, gymnastics, religion, join clubs, travel teams, want to travel, want new clothes, shoes, go to a ball game, a movie, a friends birthday party, etc. Get ready! Sure you can tell the kids to pay their own way......let us know how that ...
by TomatoTomahto
Thu Sep 17, 2020 9:31 am
Forum: Personal Investments
Topic: VCR
Replies: 4
Views: 356

Re: VCR

Cheez-It Guy wrote: Thu Sep 17, 2020 9:23 am I wish my VCR would pay dividends. Recently it just eats tapes.
Okay, that was a literal LOL. Thanks.
by TomatoTomahto
Thu Sep 17, 2020 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 307
Views: 18724

Re: Preparing for retirement in mid 30s

tibbitts wrote: Thu Sep 17, 2020 8:13 am Although i'm not enthusiastic about the OP's plan, in fact public colleges and universities may be at least tuition-free for a family in the proposed income range.
Did they stop looking at assets? Unlikely to be tuition free with $1.5M in assets, nor imo should it be.
by TomatoTomahto
Wed Sep 16, 2020 3:43 pm
Forum: Personal Investments
Topic: Throwing In The Towel on Portfolio Management
Replies: 50
Views: 5641

Re: Throwing In The Towel on Portfolio Management

We own a Fidelity Freedom Index fund and a Vanguard LifeStrategy Moderate Growth fund, so your plan sounds great to me. The main issue is taxes. You may wish to simply stop managing your taxable account and let it carry on as if you were dead. I'll give this some thought livesoft. Doing nothing in ...
by TomatoTomahto
Wed Sep 16, 2020 8:44 am
Forum: Personal Consumer Issues
Topic: Quicken Disaster!
Replies: 131
Views: 7109

Re: Quicken Disaster!

I would install a fresh copy of quicken and check to see if a backup works. Then slowly install all the updates up to the last one that possibly caused all this. I would stick with the Quicken version currently installed. Go back a week or so (i.e., the last known time it worked) on CrashPlan and r...
by TomatoTomahto
Wed Sep 16, 2020 8:39 am
Forum: Personal Consumer Issues
Topic: Quicken Disaster!
Replies: 131
Views: 7109

Re: Quicken Disaster!

CrashPlan has versioning. Have you restored a file from previous days or week?
ETA: also on 28.28, no (obvious) problems.
by TomatoTomahto
Wed Sep 16, 2020 7:36 am
Forum: Personal Consumer Issues
Topic: charging an EV
Replies: 250
Views: 14282

Re: charging an EV

We live in northern Virginia, so we use the AC for a lot of the year. In my experience with the Tesla, AC doesn't really hurt range much at all. the heat on the other hand, is a big drag in the Tesla. I don't know about the Leaf. He hasn't complained about to me though. That would definitely be wor...
by TomatoTomahto
Wed Sep 16, 2020 7:26 am
Forum: Personal Consumer Issues
Topic: charging an EV
Replies: 250
Views: 14282

Re: charging an EV

I volunteer to deliver firewood to townspeople. I’m tired of being careful when stacking firewood in macho looking trucks that have to be treated gingerly. I want a truck to just throw firewood into. I probably need a smaller truck, but will see. Or use a trailer, or an old pickup that you can just...
by TomatoTomahto
Wed Sep 16, 2020 5:45 am
Forum: Personal Finance (Not Investing)
Topic: Thinking of moving/emigrating to Canada
Replies: 35
Views: 4775

Re: Thinking of moving/emigrating to Canada

I think Tomato's point is that health care in Canada is nationalized, and people pay into the system via taxes during their working lives. Moving there in retirement and expecting to be covered by "the health care/social welfare system" without having paid into it is like someone immigrating to the...
by TomatoTomahto
Wed Sep 16, 2020 5:12 am
Forum: Personal Consumer Issues
Topic: Should I buy a new rice cooker from Zojirushi?
Replies: 93
Views: 7351

Re: Should I buy a new rice cooker from Zojirushi?

VAslim16 wrote: Wed Sep 16, 2020 3:23 am Zojirushi is an awesome brand. I'd buy anything they make. To me the quality is worth the higher price.
I don’t put hot tea in a thermos often, but when I do, it’s in a Zojirushi. Got the tip on BH.
by TomatoTomahto
Tue Sep 15, 2020 6:16 pm
Forum: Personal Consumer Issues
Topic: charging an EV
Replies: 250
Views: 14282

Re: charging an EV

Those early adopters who got free supercharging for life are probably even happier I’m an early adopter, and short of selling my car, I can’t think of a way to monetize the free supercharging. Iirc, the last time I supercharged was 2 years ago. I’ll probably sell when my CyberTruck arrives :D Are y...
by TomatoTomahto
Tue Sep 15, 2020 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of moving/emigrating to Canada
Replies: 35
Views: 4775

Re: Thinking of moving/emigrating to Canada

[snip...]I've concluded that old retired folks like us who can't make viable, active contributions to the economy (via employment or significant investment) and/or who pose a potential burden to the health care/social welfare system just aren't welcome. Not to be argumentative, but can you blame th...
by TomatoTomahto
Tue Sep 15, 2020 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of moving/emigrating to Canada
Replies: 35
Views: 4775

Re: Thinking of moving/emigrating to Canada

[snip...]I've concluded that old retired folks like us who can't make viable, active contributions to the economy (via employment or significant investment) and/or who pose a potential burden to the health care/social welfare system just aren't welcome. Not to be argumentative, but can you blame th...
by TomatoTomahto
Tue Sep 15, 2020 3:27 pm
Forum: Personal Consumer Issues
Topic: charging an EV
Replies: 250
Views: 14282

Re: charging an EV

I like the idea of reducing pollution so I'm looking at buying an electric vehicle. My main concern is that the small number of charging stations which would limit long-distance trips. Also, having to wait more than 20 min for a full charge is just too much time. Anyone have similar hesitation? Bes...
by TomatoTomahto
Tue Sep 15, 2020 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Is This a Good or Bad Time to Buy a House?
Replies: 21
Views: 2874

Re: Is This a Good or Bad Time to Buy a House?

From people I’ve spoken with, RE up to 2 hours from a major city is selling like hot cakes. Places with good internet and from which you could go to the office every week or two are making realtors giddy.

My neighbor just had competing all cash offers.
by TomatoTomahto
Tue Sep 15, 2020 11:04 am
Forum: Personal Investments
Topic: Preparation for the last chapter without you
Replies: 11
Views: 1751

Re: Preparation for the last chapter without you

I think the wild card is how a new widow who is very vulnerable in her grief would respond to someone from church or another trusted institution coming alongside her to help her manage her money. I think women in very traditional marriages who have never managed money are particularly vulnerable. T...
by TomatoTomahto
Tue Sep 15, 2020 6:26 am
Forum: Personal Consumer Issues
Topic: Sell My Car To Carvana?
Replies: 24
Views: 2099

Re: Sell My Car To Carvana?

If it’s reassuring to you, the process on the other end is as smooth. Kids bought a used Prius from them; the process was smooth, the car as promised.
by TomatoTomahto
Mon Sep 14, 2020 1:37 pm
Forum: Personal Consumer Issues
Topic: Limited Purpose FSA: What to Buy with Excess Funds?
Replies: 17
Views: 895

Re: Limited Purpose FSA: What to Buy with Excess Funds?

You could buy 2/3 of his stash of dental floss https://www.bogleheads.org/forum/viewtopic.php?f=11&t=317809 It would be appropriate for the tax authorities to soften the FSA rules in these unprecedented times. Luckily (?) I had initiated an expensive procedure early in 2020 so avoided the COVID dela...
by TomatoTomahto
Mon Sep 14, 2020 6:27 am
Forum: Personal Consumer Issues
Topic: Optimal HVAC Size
Replies: 44
Views: 2570

Re: Optimal HVAC Size

If the ducts are undersized for the unit, this could be the problem as well as the unit being over sized. Manual J might have called for a unit that size, but initial duct installation might have been too small. Something the A/c contractor should have noticed. My HVAC guy told me that at least hal...
by TomatoTomahto
Sun Sep 13, 2020 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts a will to protect generational wealth?
Replies: 42
Views: 2204

Re: Thoughts a will to protect generational wealth?

Yes in fact you are missing something huge: Compounding interest. At my rate (7% RoR + 30K/year), I expect to reach 12 million by 65 if I withdraw 1% and live to 90, that money will grow to $50million. Isn't $50 million a decent amount for the start of generational wealth? Gosh, there’s nothing bet...
by TomatoTomahto
Sun Sep 13, 2020 9:54 am
Forum: Personal Finance (Not Investing)
Topic: paradox -- no inheritance tax $11M, tax inherited IRA
Replies: 2
Views: 676

Re: paradox -- no inheritance tax $11M, tax inherited IRA

No INHERITANCE TAX for an estate less than $11,000,000. INHERITED IRA, 401K, & TSP must be liquidated within 10 years, and you must pay taxes. Is this correct ?? This seems to be a paradox from what I thought. No paradox. Those vehicles are, in the usual traditional (ie, not Roth) deferred taxation...
by TomatoTomahto
Sun Sep 13, 2020 9:50 am
Forum: Personal Consumer Issues
Topic: Anyone tried self-publishing with Amazon? If so can you share your experience?
Replies: 19
Views: 2246

Re: Anyone tried self-publishing with Amazon? If so can you share your experience?

I looked it up, and an old copy is selling for almost $1000, clearly with no hope of selling. Sometimes algorithmic price setting fails. Money laundering???? I am waiting for a big FBI case to break and disclose that they were using insane prices on Amazon as the way to launder money. "Want some co...
by TomatoTomahto
Sun Sep 13, 2020 9:42 am
Forum: Personal Finance (Not Investing)
Topic: FIRE Calculator Accurate?
Replies: 13
Views: 1835

Re: FIRE Calculator Accurate?

socialforums2019 wrote: Sun Sep 13, 2020 9:27 am - Stock Return: 8%
- Bond Return: 2.5%
I would like nothing more than for this to be accurate, but I think you’re being wildly optimistic.

As the saying goes, from your lips to God’s ears.
by TomatoTomahto
Sun Sep 13, 2020 7:53 am
Forum: Personal Finance (Not Investing)
Topic: how to decide whether to self-insure LTC or buy insurance?
Replies: 10
Views: 874

Re: how to decide whether to self-insure LTC or buy insurance?

Not analytically, but I put LTC insurance in same category as single disease insurance.

ETA: apparently, good policies were written many years ago. Can’t get one today.
by TomatoTomahto
Sat Sep 12, 2020 10:13 am
Forum: Personal Investments
Topic: Anyone successfully living off dividends & interest?
Replies: 203
Views: 18563

Re: Anyone successfully living off dividends & interest?

ETA: we are not yet retired, but anticipate living off dividends, interest, SS, pensions, and RMDs. RMDs are not a source of income. I take your point. RMDs are not income, but I guess I was emphasizing the M as in Minimum in my thoughts. I wish we didn’t have to distribute anything until after our...
by TomatoTomahto
Sat Sep 12, 2020 9:38 am
Forum: Personal Investments
Topic: Anyone successfully living off dividends & interest?
Replies: 203
Views: 18563

Re: Anyone successfully living off dividends & interest?

This has concerned me as well. As does the lack of replies. As AlohaJoe pointed out, $2MM portfolio sheds $30k per year. How many folks have $2MM in retirement and unfortunately, $30k isn't that big of a number these days. I continue to search for other avenues of passive income but have yet to fin...
by TomatoTomahto
Sat Sep 12, 2020 9:34 am
Forum: Personal Investments
Topic: Anyone successfully living off dividends & interest?
Replies: 203
Views: 18563

Re: Anyone successfully living off dividends & interest?

I am HNW. What is the threshold for crossing into the HNW category these days? Well, if you have to ask ... :D My guess is that it’s north of $3M. Why did I pick $3M? Nothing that scientific, but it represents the amount of fixed income I needed in our “safe” asset portion of our quasi-LMP (Liabili...
by TomatoTomahto
Sat Sep 12, 2020 8:02 am
Forum: Personal Investments
Topic: Anyone successfully living off dividends & interest?
Replies: 203
Views: 18563

Re: Anyone successfully living off dividends & interest?

Although the majority of Bogleheads do not support tangible real estate it is one of the most talked about ways of generating passive income and nearly every high net worth person I personally know owns some properties. I am HNW. I do not own any properties. I don’t know you personally, only virtua...
by TomatoTomahto
Sat Sep 12, 2020 6:23 am
Forum: Personal Consumer Issues
Topic: Anyone tried self-publishing with Amazon? If so can you share your experience?
Replies: 19
Views: 2246

Re: Anyone tried self-publishing with Amazon? If so can you share your experience?

I self published a book over a decade ago. I did it on a dare from my daughter and out of curiosity. I sold enough copies to buy a few (cheap) meals, and made a few friends who contacted me after reading. Also on a dare, I tried writing it in Apple Pages. Not fit for this purpose. Stick with MS Word...
by TomatoTomahto
Fri Sep 11, 2020 2:16 pm
Forum: Personal Consumer Issues
Topic: Repair plasma television or get new TV?
Replies: 71
Views: 4231

Re: Repair plasma television or get new TV?

Paul78 wrote: Fri Sep 11, 2020 2:01 pm If you like sports repair the plasma! Plasma is the best (I even like it better than the OLED) for sports.
I don’t watch much sports any more, but there’s something to be said for Formula 1 on a 77” OLED. I don’t know what max size on plasma was, but I think max was 55”
by TomatoTomahto
Fri Sep 11, 2020 9:14 am
Forum: Personal Finance (Not Investing)
Topic: How to stop judging how other people spend/invest
Replies: 76
Views: 4744

Re: How to stop judging how other people spend/invest

I just don't comment to the people directly involved. I will however discuss it with my spouse or a family member that is not directly involved. For example, spouse will say BIL wants to buy a house instead of a condo due to their child but they just cannot afford it. I'll say to spouse maybe if th...
by TomatoTomahto
Fri Sep 11, 2020 8:52 am
Forum: Personal Investments
Topic: When to convert IRA to Roth in high tax bracket?
Replies: 12
Views: 1084

Re: When to convert IRA to Roth in high tax bracket?

Why $3M? If a 72 year old retiree had $3M IRA now, this results in a RMD of approx $117,000. That would put a single tax payer in the 24% tax bracket, no? RMDs START at $117k, but inexorably go up (well, the percentages go up). I was generalizing from our case, which isn’t necessarily a good plan, ...
by TomatoTomahto
Fri Sep 11, 2020 7:33 am
Forum: Personal Finance (Not Investing)
Topic: How to stop judging how other people spend/invest
Replies: 76
Views: 4744

Re: How to stop judging how other people spend/invest

No, not a struggle here with just smiling and nodding. I can remember even feeling a little jealous of that lifestyle, knowing people levered to the hilt on fancy new cars and "investment properties", watching them throw money around like it's nothing and getting a new HELOC as real estate prices s...
by TomatoTomahto
Fri Sep 11, 2020 7:26 am
Forum: Personal Investments
Topic: When to convert IRA to Roth in high tax bracket?
Replies: 12
Views: 1084

Re: When to convert IRA to Roth in high tax bracket?

You should almost certainly not be using Roth 401k in the 37% tax bracket. And wait until you are in a lower bracket to do Roth conversions on the TSP. If your tax-deferred accounts are very large, you might want to consider early retirement. My heuristic is that you should consider Roth 401k if yo...
by TomatoTomahto
Thu Sep 10, 2020 3:34 pm
Forum: Investing - Theory, News & General
Topic: Tesla becomes most valuable car company in the world
Replies: 176
Views: 16465

Re: Tesla becomes most valuable car company in the world

The only thing I’m sure of is that the odds of anyone, on either side of the question, changing their minds has to be effectively zero.

I love my Tesla and don’t own a single share (aside from index funds). Not changing my mind on either of those positions.
by TomatoTomahto
Thu Sep 10, 2020 3:10 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4583
Views: 1278727

Re: What Book Are You Currently Reading? Part VI

"The Unfathomable Ascent: How Hitler Came To Power", by Peter Ross Range (Little, Brown and Company 2020) If one reviews the life histories of the three human monsters of the 20th Century - Hitler, Stalin, and Mao - the most improbable rise to absolute political power was Hitler's. Exhibit A for my...
by TomatoTomahto
Thu Sep 10, 2020 8:22 am
Forum: Personal Consumer Issues
Topic: Repair plasma television or get new TV?
Replies: 71
Views: 4231

Re: Repair plasma television or get new TV?

I wish I had never downgraded my plasma.... I still have it in another room and it's FAR better than the OLED. Your never going to repair it but don't expect a better picture from OLED. With respect, because I loved my plasma screens also, but I think you posted with your heart rather than your eye...
by TomatoTomahto
Thu Sep 10, 2020 8:07 am
Forum: Investing - Theory, News & General
Topic: Tesla becomes most valuable car company in the world
Replies: 176
Views: 16465

Re: Tesla becomes most valuable car company in the world

Elon Musk has himself said that the stock is overpriced. Yes, he is an optimist when making time estimates; it’s a joke openly acknowledged by him. ETA: 4 1/2 year owner of a very early Model X (VIN 0002xx). To hear some people tell it, it’s a surprise any parts have stayed on the vehicle. I did hav...
by TomatoTomahto
Wed Sep 09, 2020 4:02 pm
Forum: Personal Consumer Issues
Topic: Verizon FIOS - tell me what to expect please
Replies: 23
Views: 1302

Re: Verizon FIOS - tell me what to expect please

If you have gigabit Fios, you don’t need to use their router at all, just plug the Ethernet into your router. It can be plugged directly into eero, google mesh, Orbi, etc. ETA: we recently lost power and Fios for 16 hours, but neighbors had Comcast working. We rely on decent internet, so I will prob...
by TomatoTomahto
Wed Sep 09, 2020 3:53 pm
Forum: Personal Consumer Issues
Topic: Need some advice for buying my first flat screen TV.
Replies: 61
Views: 3347

Re: Need some advice for buying my first flat screen TV.

atikovi wrote: Wed Sep 09, 2020 9:27 am The old TV is in a corner on top of a pedestal stand. A new 55" would be too wide for that stand.
Not necessarily. Many modern TVs come with a stand whose feet are much less wide than the TV.
by TomatoTomahto
Wed Sep 09, 2020 2:44 pm
Forum: Personal Consumer Issues
Topic: advice for light switch timer
Replies: 44
Views: 1727

Re: advice for light switch timer

...Does it auto shut off when the smell is gone, or does it just work with humidity? I kind of don't see the benefit of such a switch. Maybe because I don't want a fan on when I am showering as it makes the bathroom cooler when I get out which is not what I want. Now that the kids don’t live here a...