Search found 4647 matches

by btenny
Thu Jan 17, 2019 10:21 am
Forum: Personal Consumer Issues
Topic: House Dillema
Replies: 12
Views: 1160

Re: How much do you care about housing?

You have a tough decision. You can afford to buy a new house or to remodel your current house. The remodel will be easier and lower cost. But unless you raise the ceilings and do an even bigger remodel it will always be and look like a remodel. I am pretty sure you will like a new dream house a lot ...
by btenny
Wed Jan 16, 2019 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 189
Views: 11356

Re: Why are your NOT buying rental properties?

I do not own any rental properties any longer. I made good money with them when I was younger and willing to put in time taking care of them and painting and cleaning. After 10 years of hard work I sold most of them. I was just too busy with my career and kids. I thought about buying back into bigge...
by btenny
Wed Jan 16, 2019 6:09 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 806
Views: 38563

Re: John Bogle is dead at 89

Rest in peace good fellow. You have earned a place in heaven by teaching us all how to live and invest wisely. Condolences to the Bogle family. Thank you for sharing his greatness.
by btenny
Wed Jan 16, 2019 11:00 am
Forum: Investing - Help with Personal Investments
Topic: RMD & dividends
Replies: 7
Views: 506

Re: RMD & dividends

It might be slightly cheaper tax wise to take the RMD before year end dividends and capital gains are paid out. Ordinary dividends in your RMD will be taxed the same if taken late or early so that is a wash. But any qualified dividends and any capital gains paid out at year end will be taxed at lowe...
by btenny
Wed Jan 16, 2019 10:49 am
Forum: Personal Finance (Not Investing)
Topic: HELP and advice
Replies: 11
Views: 673

Re: HELP and advice

I suggest you stay cautious and pass on the home for now. There will be other houses and other choices in the future. Taking on a giant mortgage and a fixer home so early in your career seem like a bad idea to me. It would weld you to one spot and one job and one lifestyle. Plus that fixer thing wil...
by btenny
Tue Jan 15, 2019 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Screwed myself on salary negotiations, how do I get past this?
Replies: 25
Views: 2553

Re: Screwed myself on salary negotiations, how do I get past this?

Stop worrying about the money. There are tons if issues with a new job. In fact it is usually a good idea to leave a little salary room in new hire situations. That way the company is not looking for home run performance in the first 30 days. Plus if you do well there is room for nice raise after a ...
by btenny
Tue Jan 15, 2019 12:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Group holds about $415 million of municipal bonds issued on behalf of PG&E Corp.
Replies: 11
Views: 2488

Re: Vanguard Group holds about $415 million of municipal bonds issued on behalf of PG&E Corp.

This fire is not the first catastrophe that PG&E has caused. Their gas division blew up an old pipeline in San Bruno back in 2010 and killed a bunch of people and blew up a ton of houses. The company had neglected and forgot about the pipeline for decades and were found liable. This time they caused...
by btenny
Mon Jan 14, 2019 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone ever filed an unpaid wage claim against employer?
Replies: 7
Views: 963

Re: Anyone ever filed an unpaid wage claim against employer?

Never for me but my brother in law did. His boss at a small company just did not pay him and kept working contracts and so forth. So after a while my BIL quit and kept asking for his back pay. So after about a year he filed a claim at Labor relations (some govt office) and with his union. After some...
by btenny
Mon Jan 14, 2019 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Help me pick a retirement date. Or enough is enough?
Replies: 33
Views: 4002

Re: Help me pick a retirement date. Or enough is enough?

Can you give us some insight into your Corporation pension plan and how well it is funded and how it might change in the future? Can you spread this risk by taking a lump sum or an annuity from a insurance company for part of the pension? Can your wife take spousal SS on your account at 62? Is this ...
by btenny
Mon Jan 14, 2019 7:14 pm
Forum: Personal Consumer Issues
Topic: Winter Getaway adventure trip recommendations
Replies: 13
Views: 753

Re: Winter Getaway adventure trip recommendations

The only place where it is always warm for all of February is Miami and southern Florida. February is a shoulder month for the southwest US including Phoenix. It may be cold (35-55) during the first days of February or warm to the middle 70s. It is unpredictable. But the rest of February is great wi...
by btenny
Mon Jan 14, 2019 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a Mortgage when You can Pay Cash for a House
Replies: 160
Views: 8300

Re: Getting a Mortgage when You can Pay Cash for a House

Do the math using Turbo Tax for the new rules to forecast your taxes for your situation and make sure you consider all your deductions. Guess what you can earn for the invested money. With the old tax rules you could make about $1K to $2K per year or slightly more by taking a modest mortgage and inv...
by btenny
Mon Jan 14, 2019 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement portfolio
Replies: 14
Views: 1381

Re: Retirement portfolio

I solved part of this by asking my wife to "take over" most of the bill paying task about 14 years ago. I did this so she would know how to manage stuff if something happened to me. It was tough at first but she has done OK for years. She uses Quicken to keep track of checks and all the money in her...
by btenny
Mon Jan 14, 2019 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Retirement portfolio
Replies: 14
Views: 1381

Re: Retirement portfolio

How many accounts do you hold and how do you withdrawn $$ regularly and for RMDs and so forth. I think those details will drive how best to set up you asset allocation real simple so your wife can handle things. Plus if you withdraw money and close some accounts to simplify, what are the tax implica...
by btenny
Sun Jan 13, 2019 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3674

Re: Company relocating and not interested - next steps ?

I mentioned RVs as housing alternative for a good reason. They can be great for single people or couples to live in part time and they are low cost. I have a good friend who bought a nice 40 foot class A motor home to live in while he worked in the Bay area. His space rent and RV payment was less th...
by btenny
Sun Jan 13, 2019 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Took on too much mortgage, seeking advice on where to put money going forward
Replies: 46
Views: 5163

Re: Took on too much mortgage, seeking advice on where to put money going forward

Find a good roommate to pay part of the mortgage. Charge him/her say $715 per month. So then net mortgage is now $2000. Problem solved.

Good Luck.
by btenny
Sun Jan 13, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Another Home Affordability Thread
Replies: 31
Views: 3573

Re: Another Home Affordability Thread

I am sorry but I think you will make a huge mistake buying that big a house right no w. That is just too big a jump from your present home and lifestyle. I am an old guy who has raised kids and already downsized so I have seen the various phases of life. Yes you need more space for your kids and rig...
by btenny
Sat Jan 12, 2019 11:49 am
Forum: Personal Finance (Not Investing)
Topic: How Long Should I Keep Financial Records of Deceased Relatives
Replies: 20
Views: 1419

Re: How Long Should I Keep Financial Records of Deceased Relatives

I really do not know but the internet (how accurate???) says 3 years is good enough for most stuff but 7 years worst case. So I say 7 years should be totally safe. https://www.google.com/search?rlz=1C1CHBD_enUS689US689&ei=9Rg6XODTEYmT0PEPvP-0gAQ&q=income+tax+record+time+for+estate&oq=income+tax+reco...
by btenny
Fri Jan 11, 2019 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3674

Re: Company relocating and not interested - next steps ?

There is another view of this move. Your bosses. He is looking for someone to get in front of this move and get over to the new place and get the people working. If you are not going to take that task he'/she will find someone else to do it. And fast. I bet if you do not take the job your boss will ...
by btenny
Fri Jan 11, 2019 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3674

Re: Company relocating and not interested - next steps ?

Move but don't move. Confusing yea. But I think you need to agree to move and work at the new location. Get as many details on what the company will pay you to move. Ask for extra pay to move. How will they cover moving expenses? Will they increase your salary? Will they give you some guaranteed med...
by btenny
Fri Jan 11, 2019 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Owning a house vs rent for me [Foriegner living in US - Singapore Citizen]?
Replies: 5
Views: 288

Re: Owning a house vs rent for me ?

Welcome to Bogleheads. Hope we can help you a little. I think you need to keep renting a house or apartment until you get your GC and your wife gets her GC. Without that you are both at risk of needing or wanting to move back. Plus you are not likely to get good terms on a mortgage and may not even ...
by btenny
Fri Jan 11, 2019 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Life transition, what's next
Replies: 25
Views: 3175

Re: Life transition, what's next

I think you are doing great overall right now. You are living low cost. You are covering your bills. And life seems to be OK but complicated as normal for most of us. The issue is you need to keep working at HD for 3-4 more years until you reach full retirement age. Then take your Social Security wh...
by btenny
Fri Jan 11, 2019 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Safe withdrawal rate to pay for housing expenses
Replies: 13
Views: 942

Re: Safe withdrawal rate to pay for housing expenses

I suspect this whole debate is for naught. I do not think you can get that big a loan. I do not think your mortgage provider will finance a loan based on RSU income. So I suggest you change your plan and figure out how big a down payment you want to make. Are you willing to spend $800K of your cash ...
by btenny
Thu Jan 10, 2019 12:06 pm
Forum: Personal Consumer Issues
Topic: Cleaning Car Battery Terminals
Replies: 26
Views: 1547

Re: Cleaning Car Battery Terminals

Use an old toothbrush to clean the terminals along with water and baking soda or coke. Make sure the car is parked off your drive way on the dirt as the water dripping out from this process is dirty and caustic. Use a lot of water after everything is clean to wash off all the coke and baking soda. T...
by btenny
Wed Jan 09, 2019 4:17 pm
Forum: Personal Consumer Issues
Topic: Advice for moving from urban to rural ~ real estate issues?
Replies: 10
Views: 751

Re: Advice for moving from urban to rural ~ real estate issues?

Well my suggestion is do not sell your city house right away. Go to the places you might want to move and rent a place there for 6 months and see how you like it. Then come home to the big city. You might find small town life is not so easy or right for you. But you might also love it and come back ...
by btenny
Wed Jan 09, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Diagnosing Knee Problems over the Phone - Medicare
Replies: 119
Views: 5023

Re: Diagnosing Knee Problems over the Phone - Medicare

I have found good orthopedic doctors are very busy and have tons of work. So their staff screens patients and limit new patients to referrals from other Docs they know and other hospitals etc.. So cold call requests to get an appointment may not work. Plus Docs in general are not happy with the low ...
by btenny
Wed Jan 09, 2019 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Is buying a $700K first home crazy?
Replies: 70
Views: 7260

Re: Is buying a $700K first home crazy?

I don't know about you but I would be really bothered by paying $4K per month to buy a modest sized townhouse. That just seems like big $$$ to me versus space. I am bothered by the risk of property values going down in the short to medium term time frame. Prices are very high right now. How would yo...
by btenny
Wed Jan 09, 2019 12:18 pm
Forum: Personal Consumer Issues
Topic: Car Battery
Replies: 48
Views: 3135

Re: Car Battery

Be aware that many Mercedes cars and SUVs have two batteries. One up front and one in the trunk or other place. Is these cars working on the battery is more difficult and should be left to your mechanic. See below. http://bestride.com/research/car-doctor/car-doctor-qa-why-does-my-mercedes-benz-have-...
by btenny
Wed Jan 09, 2019 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Is buying a $700K first home crazy?
Replies: 70
Views: 7260

Re: Is buying a $700K first home crazy?

No it is not crazy to want to buy a $700K first home. Yes you can afford the house and the payments. BUT can you really get a nice home that you like in your VCOL area? I bet that this price point does not yield that great a house or location. So you will be spending big $$ for what? Thus the real i...
by btenny
Tue Jan 08, 2019 5:24 pm
Forum: Personal Consumer Issues
Topic: Car Battery
Replies: 48
Views: 3135

Re: Car Battery

Unhook the positive cable and move it away so it does not touch the battery. Most standard car batteries will maintain a charge when stored like this for 3 months or so. Then when you get back home you just hook the battery up to the car and it should start. Make sure you let the car run at slow idl...
by btenny
Tue Jan 08, 2019 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance when I have heart disease
Replies: 13
Views: 1064

Re: Life insurance when I have heart disease

Do you need to give your wife some $$ protection if you pass away at say 65? Maybe something to supplement her SS. In that case your wife will only have one SS check and your savings. So is that enough to last her until she is 90 or older? I suspect many here need to have a some amount of life insur...
by btenny
Tue Jan 08, 2019 2:46 pm
Forum: Personal Consumer Issues
Topic: Alta/Snowbird/Solitude
Replies: 6
Views: 853

Re: Alta/Snowbird/Solitude

Brighton is actually the best ski area for kids to learn to ski in Salt Lake. It is a little cheaper and has more green and blue stuff. It is where Salt Lake natives learn to ski. It is a nice fun area for families. I took my kids there when they were small. Solitude is also good but not as low cost...
by btenny
Tue Jan 08, 2019 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Need a little insight from STEM Bogleheads
Replies: 59
Views: 2668

Re: Need a little insight from STEM Bogleheads

I suggest your GF look for another job in a different field from teaching that uses her math skills and forget the PhD. See the writing below of Phil Greenspan from MIT. He is a professor there who never got tenure and has watched how PhD careers go over the decades. He talks about all the negative ...
by btenny
Mon Jan 07, 2019 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Elders....A young buck needs your help!
Replies: 15
Views: 1237

Re: Elders....A young buck needs your help!

Before you do anything you need to put more money away in your emergency fund. $20K is too little for a family of four. I suggest about a years salary for one of you is needed. So I think you need at least $50K of almost cash setting around to spend if some bad event happens. What will you spend if ...
by btenny
Sun Jan 06, 2019 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Downsizing to fund early retirement - where's the cutoff?
Replies: 14
Views: 1551

Re: Downsizing to fund early retirement - where's the cutoff?

For us downsizing let us both retire early. Me at 52 and my wife at 55. It gave us smaller bills and a paid off retirement home and big $$ to add to our investment portfolio. It took me three years to downsize after I retired way back when. The kids were grown and gone and we just did not need a big...
by btenny
Sun Jan 06, 2019 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Pension Handcuffs?
Replies: 51
Views: 4342

Re: Pension Handcuffs?

I called by benefit package "golden handcuffs". That package kept me at Megacorp for decades longer than I planned originally. It turned out OK. They kept their promises and pay me a pension and I kept my promise to do my whole career there and help them become a bigger company. In my case the pensi...
by btenny
Sat Jan 05, 2019 12:03 pm
Forum: Personal Consumer Issues
Topic: Living Abroad - Who's done it?
Replies: 78
Views: 8466

Re: Living Abroad - Who's done it?

I am not sure your plan works as described. I have not lived overseas but my daughter just came back from 3 years in England. In her case she was given the OK to move with her military husband to England and keep working remotely. But her plan to work remotely failed after 4 months or so. Things jus...
by btenny
Fri Jan 04, 2019 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Recent large raise and would appreciate some guidance
Replies: 29
Views: 2081

Re: Recent large raise and would appreciate some guidance

You need to buy some life insurance to protect your wife if something happens. And you need some disability insurance to protect you against job loss due to medical issues. You should seek out a good agent for both fast. Try to get it before your driving issues get too bad. But make sure in both cas...
by btenny
Fri Jan 04, 2019 1:42 pm
Forum: Personal Consumer Issues
Topic: master suite features for addition
Replies: 66
Views: 3377

Re: master suite features for addition

Put extra electric power sockets in the throne room and or bathroom for a night light. You will need a night light when you get older to allow for extra visits to restroom at night. Put a cedar wall in closet to stop bugs and odors. Put in closet organizers to improve closet use. Make sure shower en...
by btenny
Fri Jan 04, 2019 12:22 pm
Forum: Personal Consumer Issues
Topic: Which Compact SUV Should I Buy?
Replies: 177
Views: 9242

Re: Which Compact SUV Should I Buy?

I suggest you go test drive a new or slightly used Lincoln MKX. They are great SUVs that checks all the boxes you want in a nice luxury package. A good used one will cost about $30K. They are quiet, very easy to get in and out and drive great. Plus all Lincolns have a special key code lock to solve ...
by btenny
Sun Dec 23, 2018 11:51 am
Forum: Investing - Theory, News & General
Topic: Why didn't the market crash in ~1981?
Replies: 8
Views: 896

Re: Why didn't the market crash in ~1981?

Because some of us did invest in stock market. The returns were good. I sold rental real estate in 1980 as I was tired of cleaning and fixing stuff. I put some of the money in high return bond funds at Fidelity. Everyone was just trying to stay ahead of inflation. The return was like 12% and the onl...
by btenny
Thu Dec 20, 2018 3:50 pm
Forum: Investing - Theory, News & General
Topic: Using minimum volatility and managed risk strategies to reduce sequence of return risk in retirement
Replies: 71
Views: 3922

Re: Using minimum volatility and managed risk strategies to reduce sequence of return risk in retirement

I am going to play Devils advocate here. Can you please explain how Minimum Volatility portfolios are different than any other active fund management approach? So someone uses Quat Analysis and history to select some stocks. How is that different than normal stock selecting that has been done for de...
by btenny
Thu Dec 20, 2018 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off house or lump into the market?
Replies: 10
Views: 866

Re: Pay off house or lump into the market?

Pay off the house next week. It is a great feeling. You will love having that weight lifted. Plus you can have mortgage burning party for New Years. Then if the bonus is good next year you can get more serious about retiring in 2020 or so.......

Good Luck.
by btenny
Wed Dec 19, 2018 2:34 pm
Forum: Personal Consumer Issues
Topic: Quebec City Winter Carnival with Kids? Or something else?
Replies: 7
Views: 547

Re: Quebec City Winter Carnival with Kids? Or something else?

Take the kids to Ottawa as part of the trip. See the Canada capital and parliament and changing of guards and skate the Rideau Canal Skateway. Every kid I know loves to skate. The Rideau is 4.8 miles long and total fun for all. See below. Then go to Quebec City for the French twist. Enjoy and have f...
by btenny
Wed Dec 19, 2018 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Seriuos talkk on SSA
Replies: 9
Views: 934

Re: Seriuos talkk on SSA

The reason many of us try to wait to 70 is long single life risk. My wife's family all live to 90 or more. She is totally healthy at 72, no need for meds or anything. I am not so good and lots of my family die young. So there are good odds she will be a widow with less income late in life. So taking...
by btenny
Wed Dec 19, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: Any advice for buying a used car?
Replies: 79
Views: 3564

Re: Any advice for buying a used car?

Go to the library and read the Consumer Report annual car issue. It will have pages and pages of data on every car sold in the US and the detailed reliability report. They detail the car models by year so you can research used cars. They tell you exactly what parts of each car break and how often. T...
by btenny
Tue Dec 18, 2018 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: Small Claims - Auto Dealer Claims No $$ To Pay Judgement
Replies: 40
Views: 3029

Re: Small Claims - Auto Dealer Claims No $$ To Pay Judgement

Take your claim down to the Sheriffs office and ask him to help you collect. He will look at public records and do some due diligence. Also take your claim and court results to the State Motor Vehicle Division and the car dealers oversight bureau. In Arizona a person can file claim against a car dea...
by btenny
Tue Dec 18, 2018 7:05 pm
Forum: Personal Consumer Issues
Topic: Interior repaint frequency?
Replies: 17
Views: 1417

Re: Interior repaint frequency?

We have not done any major repainting in 17 years since we moved in. We did a complete home remodel and full interior repaint at that time. All the rooms still look great. But our home is only used about 7 months a year and the only people who live here are two retirees. And no pets. We are careful ...
by btenny
Tue Dec 18, 2018 4:16 pm
Forum: Personal Consumer Issues
Topic: Kid schooling - not learning much academically. Looking for suggestions.
Replies: 117
Views: 5880

Re: Kid schooling - not learning much academically. Looking for suggestions.

OP. I think you need to home school your kid or go school shopping. We went school shopping when my youngest was 5 years old (December bday) way back when. We had thought she would go to the good public school near our home like her older brother. That school insisted she go to kindergarten at 5 sta...
by btenny
Mon Dec 17, 2018 6:16 pm
Forum: Investing - Theory, News & General
Topic: Can Vanguard freeze mutual fund redemptions during times of duress?
Replies: 14
Views: 3174

Re: Can Vanguard freeze mutual fund redemptions during times of duress?

Preferred shares of many Closed End funds were locked up and did not trade during the 2008 financial crisis. They are sort of like Money Market funds but with higher returns. The owners of these could not redeem them for cash or trade them for many months. https://www.reuters.com/article/us-funds-cl...
by btenny
Mon Dec 17, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Marriage and separate accounts - how does it work?
Replies: 98
Views: 5283

Re: Marriage and separate accounts - how does it work?

Married 50 years next month. We have always had two checking accounts, one for her and one for me. Both accounts are joint setups but only one of us uses each account. Now that we are retired we split the bills about 50/50. We do not worry about the split being close. She has her bills to pay and I ...