Search found 5635 matches

by inbox788
Thu Nov 15, 2018 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 46
Views: 2924

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

This is an interesting graphic. Roughly 25% of those over 45 don't have mortgage! So if you're in this camp or on the day you pay off your mortgage, how much is in your 401k? Add them together and I'd guess quite a few folks are going to discover they're "millionaires" even though most won't feel ve...
by inbox788
Thu Nov 15, 2018 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 46
Views: 2924

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

I am wondering how hard it is to become a millionaire on an income of less than $100k? Is millionaire status still achievable by 50? by 40? At some point, expenses can't be reduced any further. At what point does income have to rise substantially in order to reach early financial independence goals...
by inbox788
Thu Nov 15, 2018 3:54 am
Forum: Personal Consumer Issues
Topic: Windows 10 October Update (1809)
Replies: 32
Views: 2279

Re: Windows 10 October Update (1809)

1803 basically killed an old laptop I was using for playing DVD and mp4 videos to a TV. Tried everything I could think of for months, would never complete and ate so much performance it was unusable. Clean restore to W7 without network just has the occasional "please activate/update me" nags. And I...
by inbox788
Wed Nov 14, 2018 8:51 pm
Forum: Personal Consumer Issues
Topic: Understanding the difference in cell phone OS types
Replies: 37
Views: 1616

Re: Understanding the difference in cell phone OS types

Just to correct a misconception. My take is that Apple throttled the older phones to give the phone more life. Some older phones were having problems with old batteries causing failures and throttling helped. BTW, Apple does replace batteries for a fee ($99) and which is much cheaper than a new pho...
by inbox788
Wed Nov 14, 2018 5:26 pm
Forum: Personal Consumer Issues
Topic: sony TV XBR49X900F $1K vs a cheaper alternative Samsung $330
Replies: 18
Views: 857

Re: sony TV XBR49X900F $1K vs a cheaper alternative Samsung $330

Regarding size, The max size she can have is a 49IN tv (which measures ~43IN horizontally) That's one way to limit your choices, but if it's a cabinet, you can spend $1000 on a new cabinet or TV stand and new TV, or wall mount it. If it's going between 2 windows or shelves or over a fireplace, you ...
by inbox788
Wed Nov 14, 2018 4:09 pm
Forum: Personal Consumer Issues
Topic: sony TV XBR49X900F $1K vs a cheaper alternative Samsung $330
Replies: 18
Views: 857

Re: sony TV XBR49X900F $1K vs a cheaper alternative Samsung $330

IMO, Sony is a has been brand and is now inferior. There are far better choices. Also, where are you placing a 49" TV? When 32" TVs were considered big, 49" is huge, but today, they're tiny for family/living rooms these. The 50-60" TV are being moved into the bedrooms and replaced with 70-80" sets. ...
by inbox788
Tue Nov 13, 2018 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Would you invest CC cashback into market??
Replies: 32
Views: 1498

Re: Would you invest CC cashback into market??

Agreed. Pulled it. left 1K for GC purpose.. They do have staples, sears, Tjmaxx etc for 20 - 25% off all the time. Cant believe discover paid me 6K for using their CC for 10 years... Sears! Too bad, because Kenmore washer/dryer/refrigerator/stove would be nice home remodeling/upgrading program for ...
by inbox788
Tue Nov 13, 2018 5:17 pm
Forum: Personal Consumer Issues
Topic: Granddaughter needs $ help for university
Replies: 94
Views: 6644

Re: Granddaughter needs $ help for university

What type of school is she attending where the bill is $65K for the year? ($15K loan plus $50K scholarships?) A state university depending on where you live would be much more affordable... maybe $25K total for a year? If the issue is getting her a good education... there have to be more affordable...
by inbox788
Tue Nov 13, 2018 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: Need to invest $100k to bring my asset allocation back in line
Replies: 7
Views: 1252

Re: Need to invest $100k to bring my asset allocation back in line

You're spacing only 10 weeks apart, which might as well be all at once. I'd space it at least 3 or 6 months apart, and no more than 2-4 lumps, but it's all pretty much irrelevant if you're talking about 1 year in 20 years time. Statistics say it's the winner is lump sum 2/3 of the time. Market timin...
by inbox788
Tue Nov 13, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: Is my Android tablet too old?
Replies: 16
Views: 800

Re: Is my Android tablet too old?

My impression is that there have been some changes to wifi protocols over the years. This could be the cause of the problem. I can understand this. But I am still curious, why is it that I can still connect to my home Wi-Fi and surf my favorite bogleheads with no problem? Could it be that my provid...
by inbox788
Tue Nov 13, 2018 1:51 pm
Forum: Personal Consumer Issues
Topic: Upstairs Floor is No Longer Used....
Replies: 22
Views: 2609

Re: Upstairs Floor is No Longer Used....

Keeping the doors closed upstairs and the heat turned off up there shouldn't be a big deal as long as it doesn't get down to crazy low temps. Having a workout room be colder seems like a bonus. This! You might get a small heater or air conditioner just for the workout room, or if it's only used rar...
by inbox788
Tue Nov 13, 2018 1:30 pm
Forum: Investing - Theory, News & General
Topic: Expected nominal return in 80/20 stock/bond fund for next 10 years
Replies: 10
Views: 1890

Re: Expected nominal return in 80/20 stock/bond fund for next 10 years

Somewhere between better-than-nothing and less-than-hoped-for I think. Here are some differing views . https://www.morningstar.com/articles/842900/experts-forecast-longterm-stock-and-bond-returns-2.html I'll go with 4%. https://www.cnbc.com/2017/03/22/jack-bogle-believes-the-stock-market-will-retur...
by inbox788
Tue Nov 13, 2018 12:33 pm
Forum: Personal Consumer Issues
Topic: Is my Android tablet too old?
Replies: 16
Views: 800

Re: Is my Android tablet too old?

Yes it's too old. Get a new tablet. But first make sure it isn't something easy like a popup screen being blocked. The 5 year old iPad Mini 2 that came out in 2013 is probably the oldest tablet on a currently version OS. Any other contenders? But even if it could run, I wouldn't want to use it for m...
by inbox788
Tue Nov 13, 2018 12:10 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 156
Views: 11667

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

Here's a recent list of the competition they have to beat, which shouldn't be too hard given their cost model and scale. Chances are there isn't room for this many players and such high fees, so if you've got your account with some of these guys, expect change. This key fact can wipe the shine off a...
by inbox788
Mon Nov 12, 2018 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Regrets from canceling whole life insurance policy - anyone out there?
Replies: 27
Views: 2947

Re: Regrets from canceling whole life insurance policy - anyone out there?

Isn't this a classic example of suviorship bias? The people most likely to be "happy" not cancelling a whole life insurance policy are dead, and therefore unlikely to respond! I doubt it. I have term life insurance because, if I die prematurely, I want my heirs to enjoy some of the income I would h...
by inbox788
Mon Nov 12, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: why so few 50/50 balanced funds?
Replies: 21
Views: 2577

Re: why so few 50/50 balanced funds?

It isn't so hard to manage only 2 funds, especially if the most difficult thing you have to do is divide by 2. Figuring out 60/40 is a little bit more difficult. Seriously, during accumulation, don't you just add to the lesser performing fund, and with withdrawal phase, take from the better performi...
by inbox788
Sun Nov 11, 2018 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Paying life insurance for parents
Replies: 13
Views: 1270

Re: Paying life insurance for parents

IMO, it makes no sense to continue paying over $5000/year AND RAISING premium to get back 50,000. You will absolutely pay more in premiums in less than 10 years than you will ever get back. Cut your losses immediately. If you can afford it, write a $50,000 check to your mom now to appease her. Save ...
by inbox788
Sun Nov 11, 2018 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Stop paying on life insurance policy?
Replies: 33
Views: 2451

Re: Stop paying on life insurance policy?

This is dirt cheap insurance. I would keep it. I wouldn't call $280/500k or $560/1M dirt cheap. It would depend on risk factors, but it might be a good bet. This is what I call straining at gnats. BTW - the OP is a male. Your quotes are female and for twice his coverage. EMC National is $285 for Su...
by inbox788
Sun Nov 11, 2018 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Stop paying on life insurance policy?
Replies: 33
Views: 2451

Re: Stop paying on life insurance policy?

This is dirt cheap insurance. I would keep it. I wouldn't call $280/500k or $560/1M dirt cheap. It would depend on risk factors, but it might be a good bet. Gender: Female November 11th, 2018 Birthdate: June 15th, 1978 Health Class: Preferred Plus Non-Smoker Actual Age: 40 Amount of Insurance: $1,0...
by inbox788
Sun Nov 11, 2018 4:18 am
Forum: Personal Consumer Issues
Topic: Looking for computer suggestions
Replies: 17
Views: 1356

Re: Looking for computer suggestions

Watch video Surf the web and enter text Use a telnet app to connect to my server and program my website (currently use putty) Manage photographs Email Enter and edit text (not necessarily word processing) Run programs like tax software. I'm a Chromebook fan and depending on how demanding your usage...
by inbox788
Sat Nov 10, 2018 6:24 pm
Forum: Personal Finance (Not Investing)
Topic: Should I choose a high deductible health plan with HSA or stick with PPO?
Replies: 12
Views: 1052

Re: Should I choose a high deductible health plan with HSA or stick with PPO?

PPO with HSA Annual Premium = $5,448 Employer puts $1600 into HSA Family deductible = $5,800 Max out of pocket = $13,300 Employer estimates my total cost will be $15,282 Traditional PPO (the one I have had for years) Annual Premium = $16,500 no HSA Family deductible = $1,500 Max out of pocket = $15...
by inbox788
Sat Nov 10, 2018 12:29 pm
Forum: Personal Consumer Issues
Topic: How to stop junk mail for a deceased person
Replies: 61
Views: 6025

Re: How to stop junk mail for a deceased person

Just got junk mail from Blue Cross for a deceased person: Big print on the outside: "FEARLESS THRIVES ON SECOND CHANCES" You open the fold and even bigger: "COME BACK TO BLUE" And the kicker, it's a popup with cutouts of 5 people jumping out. It reminded me of headstones. If the passing was recent, ...
by inbox788
Fri Nov 09, 2018 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Penfed Rewards Card - Gas purchase rewards question
Replies: 21
Views: 1120

Re: Penfed Rewards Card - Gas purchase rewards question

Sorry to hear about your troubles. They rejected me for that card, but nevertheless approved me for a mortgage. Still, due to poor customer service, the mortgage didn't go through. I was annoyed, but I'm glad to hear I didn't have another failure. These days, I treat all offers as use them or lose t...
by inbox788
Fri Nov 09, 2018 6:25 pm
Forum: Investing - Theory, News & General
Topic: Rich, Broke or Dead: Visualizing probabilities of outcomes in early retirement
Replies: 135
Views: 17349

Re: Rich, Broke or Dead: Visualizing probabilities of outcomes in early retirement

Very interesting. Thanks for posting. According to the chart and projection, the odds are 100% that I'm going to be dead before running out of money :oops: Yes, interesting visual. I'd rather not worry about death, since that's a certainty. I care more about being broke before I'm dead. You can UNC...
by inbox788
Fri Nov 09, 2018 2:39 pm
Forum: Investing - Theory, News & General
Topic: Take taxes into account when rebalancing?
Replies: 44
Views: 2229

Re: Take taxes into account when rebalancing?

I have been playing around with using after-tax values for rebalancing. Roth funds need no reduction so the after-tax multiplier factor is 1 For tax-deferred, the factor is about 0.7325 for me. That's assuming a 22% federal marginal tax plus my state tax rate. For taxable, the factor is about 0.9 w...
by inbox788
Fri Nov 09, 2018 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Are We In A Real Estate Bubble?
Replies: 83
Views: 9727

Re: Are We In A Real Estate Bubble?

Unfortunately the affordability graph only seemed to go back for a few months? Couldn't change the scale - maybe Chrome problem? Yes, I think it's only a short series. Don't think it's a Chrome problem. Probably just a limited data set. I am not aware of evidence, numerical or anecdotal, that the U...
by inbox788
Fri Nov 09, 2018 3:08 am
Forum: Investing - Help with Personal Investments
Topic: Help me pick a fund for my HSA in California
Replies: 18
Views: 2170

Re: Help me pick a fund for my HSA in California

I closed my eyes and put it all in SP500 equities (low or lowest fee). I almost never look at HSA account because it's so much trouble. It might increase my equities AA a little bit. If I put bonds in the HSA and had a more visible equity fund, it would make me more nervous. But balanced correctly, ...
by inbox788
Fri Nov 09, 2018 2:48 am
Forum: Investing - Help with Personal Investments
Topic: Are We In A Real Estate Bubble?
Replies: 83
Views: 9727

Re: Are We In A Real Estate Bubble?

What I think is generally happening is that US mortgage rates are rising, and that is taking the steam out of some overheated markets. It's not a crash, nor likely to be a crash -- barring some unforeseen event (another war, economic crisis etc.). But markets will struggle for a while in the face o...
by inbox788
Fri Nov 09, 2018 2:30 am
Forum: Investing - Help with Personal Investments
Topic: Convinced wife to invest but wants her own accounts
Replies: 22
Views: 3365

Re: Convinced wife to invest but wants her own accounts

Her retirement consists of a Teacher Retirement System pension worth about ~$90K, tIRA $10K, and some savings. ... 5) Pension, should it be factored in when building the portfolio and do 100% equity? Or just stick to 80/20 and forget it even exists. Why is she with this tIRA provider? Is she locked...
by inbox788
Fri Nov 09, 2018 1:59 am
Forum: Personal Consumer Issues
Topic: Best deals to buy iphones
Replies: 66
Views: 6523

Re: Best deals to buy iphones

Me and my wife have had our smartphones (Samsung A5 and Iphone 6) for quite some time and we would like to get new ones (our phones are getting very slow, and only have 16gb of storage). We want to buy 2 iphones XS. My question is: what are the best deals available in that situation? We don't mind ...
by inbox788
Fri Nov 09, 2018 1:32 am
Forum: Investing - Help with Personal Investments
Topic: What to use for taxable fixed income- high bracket don’t like munis
Replies: 4
Views: 660

Re: What to use for taxable fixed income- high bracket don’t like munis

You could always just get a higher return on treasuries or corporate bonds and pay the tax. The expected after tax return might be a little smaller, but you're like one of the folks that think the higher after tax muni returns don't compensate for additional risk, you risk adjusted return with other...
by inbox788
Fri Nov 09, 2018 12:24 am
Forum: Investing - Theory, News & General
Topic: no dividends in index funds!
Replies: 95
Views: 9271

Re: no dividends in index funds!

I wish my index funds paid smaller dividends. BRK/B :D I gave that serious consideration for my taxable account, but decided the tax savings wasn't worth the decreased diversification. I also have little certainty that Berkshire will remain dividend-free. I thought about it, decided against it. I n...
by inbox788
Thu Nov 08, 2018 6:59 pm
Forum: Investing - Theory, News & General
Topic: 426% return if there is a recession in 2019?
Replies: 23
Views: 3958

Re: 426% return if there is a recession in 2019?

Similar to sports betting, it is critical that the site can keep an equal amount of money on both sides of “the line”. If they get too much on one side or the other and that comes to pass, they will “take a bath” on that bet as they say in Vegas and will need to “cover” with money from outside of t...
by inbox788
Thu Nov 08, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Job vs term life insurance
Replies: 35
Views: 3036

Re: Job vs term life insurance

Yes.. I get 6x of my salary w/o any conditions at my company ...I guess my company is doing it as a lost (or with some tax advantages) as a benefit to attract employees. It took me a while to understand the differences between employer group life policies and term life policies. Are you paying for ...
by inbox788
Thu Nov 08, 2018 12:37 am
Forum: Investing - Help with Personal Investments
Topic: How much is too much in savings account?
Replies: 17
Views: 3729

Re: How much is too much in savings account?

I believe that any time frame under ten years should not be invested in stocks. With that said, establish an emergency fund in money market, savings, etc. from 6-12months of spending. Money saved beyond this should be invested according to your asset allocation, and in your case, in a taxable accou...
by inbox788
Wed Nov 07, 2018 9:32 pm
Forum: Investing - Help with Personal Investments
Topic: Saving for something 20 years from now
Replies: 24
Views: 3207

Re: Saving for something 20 years from now

It's not so much retirement as it is a big purchase/tax bomb. I plan to retire at ~55-60, but will need around 250k that I plan to invest~800-1000/mo for. It's comparable time and scale to a college plan. You might compare the strategy there and see if it fits your needs. https://investor.vanguard....
by inbox788
Wed Nov 07, 2018 6:57 pm
Forum: Investing - Help with Personal Investments
Topic: Penalty of $2300 on 9-month CD held for 2 months?
Replies: 11
Views: 1408

Re: Penalty of $2300 on 9-month CD held for 2 months?

The CU verified the penalty is correct; however, they are taking responsibility for misinforming me regarding the penalty waiver and will be transferring the withheld amount to my Vanguard Roth IRA. Thanks to the posters who responded and informed me that the penalty amount is indeed valid. I had n...
by inbox788
Wed Nov 07, 2018 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a used car
Replies: 31
Views: 1812

Re: Buying a used car

anyone know if literature or studies done on the value on certified pre owned? The big advantage is Certified CPO usually extends the factory warranty out to (example) 7 years/100k miles. Lightly used (but still used) with a longer than factory warranty (some greatly appreciate this) and at a lower...
by inbox788
Wed Nov 07, 2018 3:54 pm
Forum: Personal Consumer Issues
Topic: Paper or Paperless? How and what financial records do you keep?
Replies: 50
Views: 3555

Re: Paper or Paperless? How and what financial records do you keep?

Yes, this is on my Chromebox running Chrome OS. You can do the same thing on Chromebook, and I think it can also be done from any computer running the Chrome web browser for that matter. (For those who don't know, Chrome OS is an operating system, and Chrome is a web browser, they are different thi...
by inbox788
Wed Nov 07, 2018 3:10 pm
Forum: Personal Consumer Issues
Topic: Paper or Paperless? How and what financial records do you keep?
Replies: 50
Views: 3555

Re: Paper or Paperless? How and what financial records do you keep?

I download my financial account statements and tax returns and other important documents and save them in my Google Drive. I don't scan anything, I don't even own a scanner, everything is saved electronically as a PDF file download, and every few months or so I do a backup of my Drive folders to my...
by inbox788
Wed Nov 07, 2018 2:22 pm
Forum: Investing - Help with Personal Investments
Topic: Penalty of $2300 on 9-month CD held for 2 months?
Replies: 11
Views: 1408

Re: Penalty of $2300 on 9-month CD held for 2 months?

The customer representative is correct, there is no penalty to take money out of your Roth. Generally, you can take money out a Roth tax- and penalty-free if your account has been open for at least five years and you’re age 59 1/2 or older. https://smartasset.com/retirement/ira-cd-vs-traditional-or-...
by inbox788
Wed Nov 07, 2018 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Need help! 3 HVAC intstallation quotes
Replies: 21
Views: 1199

Re: Need help! 3 HVAC intstallation quotes

Which heating quote is the best? My heat unit went out and I live in the northeast. We intend to sell the home in the Spring. 3 different companies all indicated that the system needs to be replaced. Repair is not an option, per them. Here are the 3 quotes on the units/labor: 1. 14 Seer Goodman- $5...
by inbox788
Wed Nov 07, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: This man can predict when bubbles burst: time to time the market?
Replies: 145
Views: 10514

Re: This man can predict when bubbles burst: time to time the market?

Should the clickbait title be changed to "This man THINKS he can predict..."? This man DID predict the 1987 stock crash. He's predicting a whole different crash. You'd better sell all your bonds before the end of the year! Hedge fund boss who predicted the 1987 stock crash warns of a selloff in bon...
by inbox788
Wed Nov 07, 2018 5:15 am
Forum: Personal Finance (Not Investing)
Topic: Never thought of living in Bay Area but just got a call from Tesla
Replies: 72
Views: 7419

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

I've always been a LCOL lover for my entire life. Make a decent salary. Have a house way bigger than I ever need with a PITI that is 30% of my take home pay. No state income tax. 5 mile commute to work. Usually home by 5:40 each night. Always thought I would stay this way. But I just got contacted ...
by inbox788
Wed Nov 07, 2018 3:57 am
Forum: Investing - Theory, News & General
Topic: Guide to work out your asset allocation?
Replies: 12
Views: 1095

Re: Guide to work out your asset allocation?

There is no magic guide. There is a wide range of acceptable values and personal preferences. https://www.bogleheads.org/wiki/Asset_allocation#Rules_of_thumb You can play with the Vanguard tool and make small changes and see how the recommendation changes. If you really don't know where to begin, be...
by inbox788
Wed Nov 07, 2018 3:16 am
Forum: Personal Finance (Not Investing)
Topic: Can't Create SS Account - Security Questions Mismatch
Replies: 13
Views: 1331

Re: Can't Create SS Account - Security Questions Mismatch

Not SS, but I've often failed these type of test for credit card and other similar uses. They've got garbage data in their database, so I can't answer questions about my own credit. I'm probably batting less than .500 on these, so if I tried the SS, I'd expect to fail. A call to customer service oft...
by inbox788
Tue Nov 06, 2018 7:13 pm
Forum: Investing - Theory, News & General
Topic: VCAIX Vs. 2 Year CD [Vanguard CA Intermediate-Term tax-exempt bonds]
Replies: 5
Views: 562

Re: VCAIX Vs. 2 Year CD [Vanguard CA Intermediate-Term tax-exempt bonds]

I picked VCAIX. It may not be the smarter choice, but it's the lazy choice for me. It's been a loser this last year or two, but I'm still net positive a little after selling for a loss to TLH. I thought it was a STCL but turns out it's already a LTCL. Still, the tax-free interest was probably higher...
by inbox788
Tue Nov 06, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: high tax bracket - muni bonds in taxable
Replies: 8
Views: 1187

Re: high tax bracket - muni bonds in taxable

In high tax brackets, I do prefer holding muni bonds in taxable accounts rather than stocks (with taxable bonds in an IRA). This is particularly important if you can use munis for your high-tax state. Most taxpayers pay 15% tax on qualified dividends and capital gains, and 0% on munis. At current y...
by inbox788
Tue Nov 06, 2018 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Strategies for investing w/large annual capital gains
Replies: 8
Views: 1086

Re: Strategies for investing w/large annual capital gains

I came here looking for strategies for paying less capital gains taxes. If you are using some not commonly discussed here, please share. Otherwise, have you read this section yet? https://www.bogleheads.org/wiki/Managing_a_windfall All of my colleagues have retained a financial advisor because they ...
by inbox788
Tue Nov 06, 2018 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: 80 year old wants to invest $100k to get ~$10k annually. Options?
Replies: 22
Views: 3855

Re: 80 year old wants to invest $100k to get ~$10k annually. Options?

Just to clarify, she wasn't receiving $12k annually on a $100k property. The property was sold for $200k+ and some of the proceeds went to other expenses. She had $100k left from the proceeds to invest. That makes more sense. So she had $200k making around 6% in a potentially troublesome risky inve...