Search found 599 matches

by Momus
Sat Jun 01, 2019 12:42 am
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 350
Views: 33661

Re: For those who earn $500k+ per year. How'd you do that?

Plenty of YouTubers with just 500k-1M subs make 50k+/mo.
by Momus
Tue May 07, 2019 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Walk away from my auto lease?
Replies: 154
Views: 7661

Re: Walk away from my auto lease?

Every car company has at least 60k miles/5 yr power train warranty. Drive to the dealer and use it.

If it's still under warranty, even a crappy car maker will just replace it immediately once they find it's not working.
by Momus
Sat Apr 06, 2019 7:05 pm
Forum: Personal Consumer Issues
Topic: Thinking of selling my financed iPhone XS Max and going back to Android...
Replies: 40
Views: 2563

Re: Thinking of selling my financed iPhone XS Max and going back to Android...

I'm still using $60 LG G4 with 10,000 mah battery. Flashed to latest Android version. It lasts me 10-11 hours screen on time or 3 days without use lol. Couldn't be happier looking at Apple fan boy spending so much ;-p I recommend getting oneplus 6T or oneplus 7 if you are switching back. Almost stoc...
by Momus
Tue Apr 02, 2019 1:21 am
Forum: Personal Finance (Not Investing)
Topic: Any *disadvantages* to citizenship?
Replies: 74
Views: 3808

Re: Any *disadvantages* to citizenship?

No extradition country is nice to run away from the US authority In some country, you can't own land/property if you aren't a citizen In some country, you can't have dual citizenship Inheritance problem later in said country (example: you can't own the land yet your parents give you a land you can't...
by Momus
Fri Mar 29, 2019 10:12 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you check your net worth?
Replies: 257
Views: 14670

Re: How often do you check your net worth?

I put all my accounts into MINT. It keeps track of my assets + liabilities. Networth is updated constantly including car value and house zillow estimate. Basically, anytime I check MINT it's updated in real time just by opening an app on my phone.
by Momus
Sun Mar 24, 2019 1:50 am
Forum: Personal Finance (Not Investing)
Topic: Sell our condo or rent it out?
Replies: 17
Views: 1327

Re: Sell our condo or rent it out?

There is no more leverage return since you have a fully paid off rental. The <7% cash return is the top estimate + whatever appreciation % you can get every year on the property. Investing in stocks will likely net you more or less the same amount with no headache. If you don't mind extra work, I'd ...
by Momus
Sun Mar 24, 2019 1:42 am
Forum: Personal Investments
Topic: Paranoid and looking to invest money
Replies: 28
Views: 3414

Re: Paranoid and looking to invest money

Buying a rental nowadays in high col areas locks you in at 4-5% cap rate... If you want a high cap rate, it has high turn over because it's probably in a bad neighborhood/low col areas and people can afford to buy houses, so you deal with vacancies. It's meh at best. House prices are going up way to...
by Momus
Sat Mar 23, 2019 9:29 pm
Forum: Personal Consumer Issues
Topic: WiFi Extender
Replies: 40
Views: 2295

Re: WiFi Extender

Looking to get 2 or 3 WiFi extenders since we are having issues with our internet speed and would like to ideally place them at several places around the home. Any BH recommended WiFi extenders? prefer a plug and play rather than having to do lot of configuration. It depends on what router you have...
by Momus
Sat Mar 23, 2019 9:21 pm
Forum: Personal Investments
Topic: Surprised on tax benefit after first year as landlord!
Replies: 20
Views: 3447

Re: Surprised on tax benefit after first year as landlord!

Once you make over 150k, there are nothing to deduct against your ordinary income. If you don't have something like 20 properties, you can't possibly take 3 hours/day or 14 hours a week active work (750h/yr) to work on your rental property to qualify for the deduction. You can only offset your loss ...
by Momus
Sat Mar 23, 2019 9:12 pm
Forum: Personal Finance (Not Investing)
Topic: Is a million really the benchmark for retirement
Replies: 153
Views: 23763

Re: Is a million really the benchmark for retirement

3M is the new 1M due to inflation. That's my benchmark. Everyone and their mom has a mil NW living in socal, most of it tied to a house... :x
by Momus
Sat Mar 23, 2019 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Do the wife and I have house fever? Want to buy 550k home
Replies: 30
Views: 3246

Re: Do the wife and I have house fever? Want to buy 550k home

Another perspective, I live in San Diego, CA. 30 mins one way commute is NORMAL. Literally, everyone you know will have 20-30 mins commute anywhere in metro CA. 550-600k house with 140k income is also quite NORMAL. Your rent probably about the same as your mortgage. I'm guessing your PITI will be s...
by Momus
Sat Mar 23, 2019 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Should we have renters insurance?
Replies: 68
Views: 3507

Re: Should we have renters insurance?

I never have renter's insurance, my valuable is less than 2-3k total. Who cares if it gets stolen... Plus I don't have a pet.
by Momus
Sat Mar 23, 2019 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Do the wife and I have house fever? Want to buy 550k home
Replies: 30
Views: 3246

Re: Do the wife and I have house fever? Want to buy 550k home

Another perspective, I live in San Diego, CA. 30 mins one way commute is NORMAL. Literally, everyone you know will have 20-30 mins commute anywhere in metro CA. 550-600k house with 140k income is also quite NORMAL. Your rent probably about the same as your mortgage. I'm guessing your PITI will be so...
by Momus
Sat Mar 23, 2019 10:18 am
Forum: Personal Consumer Issues
Topic: Anybody tempted by the new iPads?
Replies: 37
Views: 3159

Re: Anybody tempted by the new iPads?

I sold my tablet coz it's a waste of money collecting dust. Phone is now 6.5 inches almost as big as a tablet....
by Momus
Sat Mar 23, 2019 2:06 am
Forum: Personal Consumer Issues
Topic: When is it time for a new smartphone?
Replies: 66
Views: 4063

Re: When is it time for a new smartphone?

I'm on mintsim for $180/yr or $15 per month 4gb data which is plenty for me. I'm looking at a oneplus 6t on swappa for $415 and a note 9 for $515 or I could get a moto g7 for $300. If I wait until the end of the year I think I could get a better deal on any of these. Great choice, skip Moto G7. You...
by Momus
Fri Mar 22, 2019 1:46 am
Forum: Personal Consumer Issues
Topic: Old Laptop - Keeps Freezing - Help!
Replies: 21
Views: 1104

Re: Old Laptop - Keeps Freezing - Help!

It could also be overheating or have a faulty memory chip. HO probably had a diagnostic utility program that can help diagnose it. HTH Yes, this could be true. You can run a memtest86. If the memory fails, you will have random freezes also. It happened to one of my laptop, 8 GB RAM total on my lapt...
by Momus
Thu Mar 21, 2019 10:23 pm
Forum: Personal Consumer Issues
Topic: Old Laptop - Keeps Freezing - Help!
Replies: 21
Views: 1104

Re: Old Laptop - Keeps Freezing - Help!

Reinstall a clean windows 10 if the problem persists... you might have a faulty hard drive. Time to upgrade to SSD.
by Momus
Thu Mar 21, 2019 12:53 am
Forum: Personal Consumer Issues
Topic: When is it time for a new smartphone?
Replies: 66
Views: 4063

Re: When is it time for a new smartphone?

So I bought my galaxy s7 on Black Friday back in 2016 and while its still working, I’m starting to deal with issues such as extremely decreased battery life and an annoying pink line going down one side of the phone. I walked into a Best Buy to get a new one and they would only give me $35 for mine...
by Momus
Tue Mar 19, 2019 11:59 pm
Forum: Personal Consumer Issues
Topic: A used Camry or brand new Corolla?
Replies: 69
Views: 3197

Re: A used Camry or brand new Corolla?

I would skip Camry and buy an Accord instead.

Accord is more fun to drive, has better handling for those tight corners, and has better infotainment system. Camry is a grandma car. Always has been.
by Momus
Tue Mar 19, 2019 11:39 pm
Forum: Personal Investments
Topic: How to get over a $25K stock market loss?
Replies: 125
Views: 10390

Re: How to get over a $25K stock market loss?

You will never get over this loss. I still dont. I lost 3x as much, and then I followed indexing and do nothing, I made it all back with new money and more.

On a good note, you are losing $17,500 instead due to 3k capital loss you can deduct every year.
by Momus
Sun Mar 17, 2019 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Housing should be no more than 28% of your income.
Replies: 66
Views: 5959

Re: Housing should be no more than 28% of your income.

I'll just let it go past 28% income and rent all the rooms out. I have seen someone go as far as rent all 5 BR and owner lives in the garage >_>;

It seems to be a common occurance in high cola.
by Momus
Sun Mar 17, 2019 3:04 am
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 785
Views: 77578

Re: That's enough for me in 2019

Market timer is making 1% income. Who cares if he grows his 1.5M slowly at 2.5% rate, he will just keep adding the stash with his income no matter what. He will be fine either way... unless he start doing his silly leverage bets lmao
by Momus
Sat Mar 16, 2019 11:24 pm
Forum: Investing - Theory, News & General
Topic: 90 day waiting period for Vanguard Flagship
Replies: 37
Views: 3976

Re: 90 day waiting period for Vanguard Flagship

I got mine a week after shooting a private message to them. It was quick. The only benefit is 25 free trades per yr vs. $2/trade. I don't trade... So there.
by Momus
Sat Mar 16, 2019 4:09 am
Forum: Personal Finance (Not Investing)
Topic: can i use turbotax without paying a fee?
Replies: 26
Views: 1799

Re: can i use turbotax without paying a fee?

Buy the CD version, and share the cost with a friend or two.
by Momus
Thu Mar 14, 2019 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: How many companies have you worked for?
Replies: 125
Views: 6476

Re: How many companies have you worked for?

34 yo. 10 yrs after grad. 1 job.

My shitty declining state of pharmacist profession has it whichever company I work for I make $145k max +/- 10k (if you are lucky to work full time). Job hopping doesn't pay off for us.
by Momus
Sat Mar 09, 2019 1:18 am
Forum: Personal Consumer Issues
Topic: best cheap printer
Replies: 80
Views: 5289

Re: best cheap printer

Brother black and white LASER printer. Anyone with an inkjet printer waste a bunch of money. It's not really necessary to print color unless you print a photo. Brother printer cost $100. My replacement toner TN450 at ebay cost me $7 for 2000+ pages black and white printing... Try to beat that inkjet...
by Momus
Fri Mar 08, 2019 1:32 am
Forum: Personal Consumer Issues
Topic: attacked by off-leash dog
Replies: 220
Views: 7270

Re: attacked by off-leash dog

In CA, if your dog attacks someone (even if you pet him unprovoked), the owner is responsible for damages no matter what. I got bit by a dog I pet; I ended up with $30k ER bill (a plastic surgeon had to be called), and I got a lawyer to negotiate personal injury settlement with his homeowner insuran...
by Momus
Wed Mar 06, 2019 2:18 am
Forum: Personal Investments
Topic: 6% per year. Guaranteed??
Replies: 25
Views: 3115

Re: 6% per year. Guaranteed??

Looks like a guaranteed 100% loss. Whoever put money there deserve to get scammed.
by Momus
Wed Mar 06, 2019 2:05 am
Forum: Personal Consumer Issues
Topic: How do long haul moving company charge you?
Replies: 21
Views: 1457

Re: How do long haul moving company charge you?

Do it yourself is hella cheap. It takes 2-3 days to move. Take your sweet time to move slowly. About $160/day of uHaul rental for 1 way + gas burn 10 miles/gallon.

I ain't paying any movers a cent.
by Momus
Wed Feb 27, 2019 4:22 pm
Forum: Personal Consumer Issues
Topic: Things to do in and around San Diego
Replies: 33
Views: 1758

Re: Things to do in and around San Diego

La Jolla Cove
Zoo & wild safari
Gaslamp
Cabrillo National Monument
Coronado Island/Beach
Seaworld
Birch Aquarium
Legoland
Mount Soledad
Hike Cowles Mountain, Torrey Pines, Iron Mountain
Stroll Balboa Park
Tons of beaches if you are into that
by Momus
Fri Feb 22, 2019 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Do tax accountants add any value?
Replies: 50
Views: 3563

Re: Do tax accountants add any value?

I know my friend (with 165k income/yr) went to this woman and deducted like there were no tomorrow and got about $5k extra back every single year for the past 6 yrs lol. It wasn't legit deductions either and this accountant did about 2000 returns in a small town (< 15k pop) charging $120 each. When ...
by Momus
Tue Feb 19, 2019 1:06 am
Forum: US Chapters
Topic: How many bogleheads do you know in real life?
Replies: 130
Views: 8873

Re: How many bogleheads do you know in real life?

Not many. Out of 20 people I met, I always talk about $ and ask them directly what they do with their left over money. One in 20 will have any serious interest in investing or can discuss investment at length. Indexing is like a strange word for them. My co-workers are all making about 140k/yr, whic...
by Momus
Mon Feb 18, 2019 4:29 pm
Forum: Personal Investments
Topic: Ride It Out Or Not?
Replies: 18
Views: 1123

Re: Ride It Out Or Not?

Keep buying and buy/work even more when it goes down. Last Dec 24 -20% was an opportunity a lot of people missed because they got scared.

I don't get why people want to put more money in when stocks hitting all time high and get scared when it goes down.
by Momus
Mon Feb 18, 2019 4:24 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need a degree?
Replies: 73
Views: 4400

Re: Do I need a degree?

Company wants to help pay for your degree. There isn't a reason to not go and get that degree to be more competitive at work... You shouldn't blame anyone if you get laid off because of this later.
by Momus
Sun Feb 17, 2019 5:14 pm
Forum: Personal Investments
Topic: Help me with the Trad vs Roth 401k Math
Replies: 79
Views: 2321

Re: Help me with the Trad vs Roth 401k Math

Help me understand how the tax rate in retirement vs current marginal rate is all that matters when thinking of tax efficiency of Roth vs Trad. Here is how I see math if I max out the 401k at a fictional 20% current tax bracket vs 10% retirement bracket: Trad: $19,000 contribution, grows to $190,00...
by Momus
Sun Feb 17, 2019 5:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market yield over 2.5%
Replies: 223
Views: 45958

Re: Vanguard Prime Money Market yield over 2.5%

I post so I can save this thread for later use 8-)
by Momus
Sun Feb 17, 2019 3:58 pm
Forum: Personal Investments
Topic: Am I trying to time the market?
Replies: 20
Views: 1091

Re: Am I trying to time the market?

Your mind will confirm whatever bias you have if you keep watching/reading the news. Pick an asset allocation and dump all your money in there.
by Momus
Fri Feb 15, 2019 5:14 pm
Forum: Personal Consumer Issues
Topic: Blu-Ray drives vs DVD drives for data storage and archiving
Replies: 59
Views: 2792

Re: Blu-Ray drives vs DVD drives for data storage and archiving

Optical media are fairly expensive for large amounts of storage, and not very fast. Traditional hard drives are much cheaper Do you really need archiving, or just a separate backup? We keep our data on a Synology NAS device in the house, which is RAID protected. We perform differential backups of t...
by Momus
Wed Feb 13, 2019 11:49 pm
Forum: Personal Consumer Issues
Topic: What Tech Gadget Would you Buy?
Replies: 85
Views: 5491

Re: What Tech Gadget Would you Buy?

Can't live without... - A decent laptop with powerful graphics card for occasional gaming, hooked up via hdmi to TV to stream Netflix/Prime - A Snapdragon 800+ phone + fast charger - A soundbar, bought Vizio SB3621 $99 that sounds pretty amazing - At least 50-75 inch TV - A noise cancelling wireless...
by Momus
Wed Feb 13, 2019 4:05 pm
Forum: Personal Consumer Issues
Topic: Best ways to provide STRUCTURE to retired life
Replies: 71
Views: 5680

Re: Best ways to provide STRUCTURE to retired life

Umm, get a routine? Excercise, go outdoor, do your hobby or develop one, plus heavy dose of entertainment, repeat... Go to bed on a set time. Not that hard >_>;
by Momus
Sun Feb 10, 2019 3:54 am
Forum: Personal Finance (Not Investing)
Topic: Crazy lady backs into my car...don't think she will pay me out of pocket
Replies: 103
Views: 9997

Re: Crazy lady backs into my car...dont think she will pay me out of pocket

It's not your problem that her kid is sick. She needs to pay either out of pocket or with her insurance. File away. No sympathy here.
by Momus
Fri Feb 08, 2019 9:49 pm
Forum: Personal Consumer Issues
Topic: Money saving move you regret the most?
Replies: 120
Views: 10989

Re: Money saving move you regret the most?

goaapl wrote:
Fri Feb 08, 2019 8:28 pm
I cut my own hair once. Never again.
Practice makes perfect. I have been doing it for a good part of the decade. It's consistent result and all fault is yours, you can't blame it on others :D
by Momus
Fri Feb 08, 2019 9:47 pm
Forum: Personal Consumer Issues
Topic: Money saving move you regret the most?
Replies: 120
Views: 10989

Re: Money saving move you regret the most?

Got a cheap amateur to install flooring in a rental house. He cut corners to do the job and asked for more money. Should've gone with the professional for a couple hundred dollars more.
by Momus
Thu Feb 07, 2019 12:35 am
Forum: Personal Finance (Not Investing)
Topic: Competitor to Ally? intrx.net offering 2.91%
Replies: 13
Views: 2044

Re: Competitor to Ally? intrx.net offering 2.91%

Sorry but I can't trust a new random start up. I'll let others a lot richer than me try it out first :twisted:

Sticking with Vanguard money market funds.
by Momus
Thu Feb 07, 2019 12:33 am
Forum: Personal Investments
Topic: Tax status of Vanguard's Federal Money Market Fund
Replies: 12
Views: 3397

Re: Tax status of Vanguard's Federal Money Market Fund

Not all of it. The 50% is the threshold to exclude any of it. Above 50% you can exclude the applicable interest. In this case if you earned $100 in interest, only $22.21 would be taxable in California. Prime Money market is around 20%, which is below 50% so nothing can be excluded in California. Ju...
by Momus
Wed Feb 06, 2019 11:59 pm
Forum: Personal Investments
Topic: Ally Bank's nightmarish online reviews -- should I be worried?
Replies: 97
Views: 9371

Re: Ally Bank's nightmarish online reviews -- should I be worried?

Jags4186 wrote:
Sat Feb 02, 2019 5:08 pm
Ally is excellent. Poor reviewslike the ones you mention are generally of the provence of the poor and misinformed.
:thumbsup

This is like those bad online reviews. When you read the reviews, you realize these people are just morons.
by Momus
Wed Feb 06, 2019 4:47 pm
Forum: Personal Investments
Topic: Tax status of Vanguard's Federal Money Market Fund
Replies: 12
Views: 3397

Re: Tax status of Vanguard's Federal Money Market Fund

I need clarification on this. Tax status of Federal MM? Are they fully taxable at federal level? State? I live in CA. Vanguard publishes a list of all funds each year, and sends it out with the December statement. The 2018 statement shows Federal MM with 77.79% from US Obligations. If 50% is the cu...
by Momus
Wed Feb 06, 2019 4:04 am
Forum: Personal Investments
Topic: Tax status of Vanguard's Federal Money Market Fund
Replies: 12
Views: 3397

Re: Tax status of Vanguard's Federal Money Market Fund

I need clarification on this.

Tax status of Federal MM? Are they fully taxable at federal level? State?

I live in CA.