Search found 2249 matches

by barnaclebob
Thu Dec 14, 2017 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Wow. Just Wow.
Replies: 29
Views: 4742

Re: Wow. Just Wow.

I don't want to get too specific. I live in a city of 175,000 people. Our county has almost 500,000. Not super podunky. The main city/county newspaper recently published its "Best of County" awards in many categories. Best burger, best garden store ... I'm sure your paper has something very similar...
by barnaclebob
Thu Dec 14, 2017 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 60
Views: 2585

Re: Recast mortgage as part of a pay down strategy

chevca wrote:
Thu Dec 14, 2017 5:40 pm
I assumed a longer loan must pay more total interest.
Only if you actually take longer to pay it off. A 30 year loan and a 15 year loan at the same interest rate, both paid off in 10 years will pay the same in total interest.
by barnaclebob
Thu Dec 14, 2017 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 60
Views: 2585

Re: Recast mortgage as part of a pay down strategy

True, they'd like to keep the business. But, you're resetting the amortization schedule when you recast to the time left on the loan. Especially if you prepay, they'd like to recast and get you back on the would've been schedule. You don't get credit for the prepayment and time you shaved off the o...
by barnaclebob
Thu Dec 14, 2017 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 60
Views: 2585

Re: Recast mortgage as part of a pay down strategy

Each time you prepay, less of your current payment goes to interest. Each time you recast, more of your new payment goes to interest. True, the new payment is lower so they may be similar. But, it seems at some point just prepaying would win out on total interest paid. It would be interesting to fi...
by barnaclebob
Thu Dec 14, 2017 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 4501

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

What do you have in the S&P 500 an asker, homer, al, others? Or are you too ashamed to share? What does it matter. Many members on this forum including myself have well into 6 figures invested in large company based index funds. Tiny little $2k day to day movements aren't worth a second thought.
by barnaclebob
Thu Dec 14, 2017 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 4501

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

whiteprius wrote:
Thu Dec 14, 2017 3:42 pm
Wouldn't it be funny if the S&P went on a huge bear run starting with today? I'll frame that article if that happens.
What would that accomplish?
by barnaclebob
Thu Dec 14, 2017 3:41 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 4501

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

The SP500 hasn't gone down 5% today or even close to that so why is it even relevant today? I don't know. The fact that the S&P is on its longest no 5% loss streak in history, combined with the high P/E ratios ... all tilted things to make it seem like it was due for a fall. In light of the stress ...
by barnaclebob
Thu Dec 14, 2017 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 4501

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

Why did it take an article for you to come to know public information? Do you really claim to know all public information? No but surely a good stock picker doesn't buy SPY then google "will the SP 500 go down a lot tomorrow" find an article, and then use that as justification to sell. Why did the ...
by barnaclebob
Thu Dec 14, 2017 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 60
Views: 2585

Re: Recast mortgage as part of a pay down strategy

Each time you prepay, less of your current payment goes to interest. Each time you recast, more of your new payment goes to interest. True, the new payment is lower so they may be similar. But, it seems at some point just prepaying would win out on total interest paid. It would be interesting to fi...
by barnaclebob
Thu Dec 14, 2017 3:27 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 4501

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

whiteprius wrote:
Thu Dec 14, 2017 3:25 pm
Seeing that article saved me $1,500!
Why did it take an article for you to come to know public information?
by barnaclebob
Thu Dec 14, 2017 3:23 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 4501

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

But you were absolutely certain it was going up today. How does your brain handle this paradox? Is this a teaching moment for you? Or have you already forgotten your certain prediction from yesterday? No I wasn't, that's why I got out last night saving me from a four figure loss today. I can get ou...
by barnaclebob
Thu Dec 14, 2017 3:09 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 4501

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

But you were absolutely certain it was going up today. How does your brain handle this paradox? Is this a teaching moment for you? Or have you already forgotten your certain prediction from yesterday? No I wasn't, that's why I got out last night saving me from a four figure loss today. I can get ou...
by barnaclebob
Thu Dec 14, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?
Replies: 176
Views: 4501

Re: Thoughts on using safe-ish investments to buy S&P 500 on margin in December?

Man this thread is a train wreck. Whiteprius, you are way too arrogant sounding and will not beat the market. Its not because you wont ever pick a winner but that you'll keep trying to pick the next winner and that's near mathematical certain recipe for being a loser. Certainly you learned about the...
by barnaclebob
Thu Dec 14, 2017 2:11 pm
Forum: Personal Consumer Issues
Topic: How to find a good realtor that negotiates well
Replies: 21
Views: 1269

Re: How to find a good realtor that negotiates well

If your situation is simple there really isn't much negotiation skills needed. You'll have a handful of offers and if they are under asking you might be able to come back at them for a little more money or refuse to do repairs after an inspection but that's about it. You might be able to get the buy...
by barnaclebob
Thu Dec 14, 2017 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 60
Views: 2585

Re: Recast mortgage as part of a pay down strategy

Well if you really want to do it, I wouldn't do it every year but when your new required payment will drop by X amount. Maybe $500 or something. There is definitely value to having options but there is a line where it could be taking advantage of the system for little benefit if they offer it for fr...
by barnaclebob
Thu Dec 14, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Recast mortgage as part of a pay down strategy
Replies: 60
Views: 2585

Re: Recast mortgage as part of a pay down strategy

Don't recast until you need to. Its just wasting the banks time and money for zero benefit to yourself.
by barnaclebob
Wed Dec 13, 2017 5:00 pm
Forum: Personal Consumer Issues
Topic: Who is Right Me or Spouse
Replies: 51
Views: 2887

Re: WHO IS RIGHT ME or SPOUSE

Sounds like you can afford the extra $100. If you don't want to set a precedent that will lead you to spending $800 when the others get married then just address the envelope to both of them. Throw a scratchers lotto ticket in the envelope too.
by barnaclebob
Wed Dec 13, 2017 4:37 pm
Forum: Personal Consumer Issues
Topic: Downsizing - How much to invest in a house before selling?
Replies: 25
Views: 2224

Re: Downsizing - How much to invest in a house before selling?

Before putting your house up for sale, get a home inspection and an independent appraisal. Between the two reports you should be able to figure out what you need to do to sell it for the best price. I wouldn't rely on a real estate agent's opinion of what should be done, but you may have to ask one...
by barnaclebob
Wed Dec 13, 2017 12:18 pm
Forum: Personal Consumer Issues
Topic: Homeowner's Insurance - How Do You Evaluate?
Replies: 23
Views: 1384

Re: Homeowner's Insurance - How Do You Evaluate?

PSA to everyone: take a photo inventory of your house every few years, especially anything you really care about like tools, kitchen appliances or specialized equipment. You can't just tell the insurance company you had $40k of tools in your garage, you'll probably have to itemize the list. Good ad...
by barnaclebob
Wed Dec 13, 2017 11:27 am
Forum: Personal Consumer Issues
Topic: Homeowner's Insurance - How Do You Evaluate?
Replies: 23
Views: 1384

Re: Homeowner's Insurance - How Do You Evaluate?

Personal property is very deceptive. There was a post on Reddit where someone who used to process the claims for personal property explained it very well. They went through a thought exercise on just what is in a typical bathroom and came up with several hundred dollars worth of things to be replace...
by barnaclebob
Wed Dec 13, 2017 10:34 am
Forum: Personal Consumer Issues
Topic: Novel Gift Ideas for Adult Siblings
Replies: 27
Views: 1949

Re: Novel Gift Ideas for Adult Siblings

I'm hoping my uncle gets everyone one of the "one chip challenge" spicy chips. He also usually gets us really unusual bottles of liquor which is fun. If I ever get through the bottle of Malort he bought me (by convincing other people to try it) Ill be amazed. Edit, looks like the one chip challenge ...
by barnaclebob
Wed Dec 13, 2017 10:27 am
Forum: Personal Consumer Issues
Topic: Downsizing - How much to invest in a house before selling?
Replies: 25
Views: 2224

Re: Downsizing - How much to invest in a house before selling?

Is the carpet a bad style or does it just need a cleaning? How much you can do also depends on the price of the house? Is this a starter house with buyers who likely wont have a lot of extra cash to do upgrades or is it more expensive where a buyer might not mind hiring painters and putting in new c...
by barnaclebob
Tue Dec 12, 2017 2:46 pm
Forum: Personal Consumer Issues
Topic: Paying contractors for incomplete work
Replies: 32
Views: 2383

Re: Paying contractors for incomplete work

These kind of headaches are part of non DIY life. Pretty much anything involving a toilet should be "you get paid when its fixed" type of payment because its so stupid easy for a plumber.

In the time you spend reading these replies you could google how to fix it yourself.
by barnaclebob
Tue Dec 12, 2017 2:02 pm
Forum: Personal Consumer Issues
Topic: Microwave - Reliable built-in with vent?
Replies: 11
Views: 701

Re: Microwave - Reliable built-in with vent?

Thanks, pshonore. Ours vents to the outside as well. We wanted a proper hood, but we just don’t have space. I begrudgingly got rid of a perfectly good 10-year-old countertop model when we renovated and replaced our dead built-in. It’s been a great 2 1/2 years, but now we’ve got a problematic built-...
by barnaclebob
Tue Dec 12, 2017 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard voyager client service
Replies: 6
Views: 837

Re: Vanguard voyager client service

You don't really get much help from vanguard until you get to flagship and even then the help is pretty minimal from what I've read. What specific help do you need?
by barnaclebob
Tue Dec 12, 2017 11:33 am
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 147
Views: 6087

Re: Snow Tires? Worth it?

I find TPMS worthless. I check my pressure. If it is down a few pounds I fill up the tire, but my TPMS has not alerted me. My TPMS does generate plenty of false alarms, claiming the pressure is low when it is not. If it give me the alarm I always check, but the only time it was right I already knew...
by barnaclebob
Tue Dec 12, 2017 10:06 am
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 147
Views: 6087

Re: Snow Tires? Worth it?

I rented an AWD Toyota camry wagon with blizzaks while backcountry skiing in Japan and man did they get us up the mountains in deep snow with no issues at all. Way better than my 4WD SUV would have done. It was possible to make them slip but instead of fully loosing traction they still kept you in c...
by barnaclebob
Mon Dec 11, 2017 11:13 am
Forum: Investing - Theory, News & General
Topic: Cloud mining and holding bitcoin
Replies: 8
Views: 1019

Re: Cloud mining and holding bitcoin

Why on earth would anyone rent time on a processor for less money than they could get for mining?
by barnaclebob
Fri Dec 08, 2017 7:53 pm
Forum: Investing - Theory, News & General
Topic: Just not getting it
Replies: 82
Views: 10694

Re: Just not getting it

The trends you seen in amazon and all of these other companies are seen by everyone else and priced into the stock. Why do you think Tesla has such a huge market cap compared to established auto makers when it has a tiny fraction of the output? Its already priced at a level that assumes electric car...
by barnaclebob
Fri Dec 08, 2017 3:19 pm
Forum: Personal Consumer Issues
Topic: GPS tracker for loved one w Alzheimer’s
Replies: 21
Views: 1221

Re: GPS tracker for loved one w Alzheimer’s

Does she carry a phone and keep it charged regularly? There are tracking apps on phones but they may drain the batteries faster.
by barnaclebob
Fri Dec 08, 2017 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Screwed over with regards to 401k distribution. What can I do?
Replies: 16
Views: 1584

Re: Screwed over with regards to 401k distribution. What can I do?

Cash like stacks of $100 bills??? If so:

How was it mailed? Did you sign for it or anything? Are you sure you received it... :twisted:
by barnaclebob
Fri Dec 08, 2017 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Should I file taxes w/o her?
Replies: 54
Views: 3589

Re: Should I file taxes w/o her?

I earn 177k and she earns 350K. I am not complaining, however I am deeply troubled by the fact that when we filed jointly last year for the first time, I was murdered in taxes. Would it make sense to file by myself? I asked my accountant and he said it was about the same. How can that be? Yes AMT g...
by barnaclebob
Fri Dec 08, 2017 12:56 pm
Forum: Personal Consumer Issues
Topic: Fuel Additives for 2017 Toyota Camry
Replies: 42
Views: 1941

Re: Fuel Additives for 2017 Toyota Camry

Ethanol separation can be a problem but typically in older vehicles with rubber parts in their fuel systems and when cars are stored. If you run through a tank monthly you should be fine. Any issues would be covered under warranty initially anyways. Is that the ethanol actually separating from the ...
by barnaclebob
Fri Dec 08, 2017 12:18 pm
Forum: Personal Consumer Issues
Topic: Sweet Gum Balls
Replies: 36
Views: 2461

Re: Sweet Gum Balls

I have fond summer memories of picking the gumballs off our sweet gum tree and launching them as far as possible with a tennis racket. I think we ended up picking the tree mostly clean from what we could reach with a rake and it didn't make them the next year. Not sure if that was the reason though....
by barnaclebob
Fri Dec 08, 2017 9:28 am
Forum: Personal Consumer Issues
Topic: sharing cost of tree cutting
Replies: 31
Views: 1592

Re: sharing cost of tree cutting

If you like the tree and trimming it wont fix the problem nicely tell him to pound sand. I'm sure the tree and the pool were there when he bought the house. The only exception to this would be if you think you'll need him to do something neighborly for you that he isn't legally required to do.
by barnaclebob
Fri Dec 08, 2017 9:18 am
Forum: Personal Consumer Issues
Topic: Fuel Additives for 2017 Toyota Camry
Replies: 42
Views: 1941

Re: Fuel Additives for 2017 Toyota Camry

Lol, bacteria in the gas tank, that's a new one for me.* Leave this place a 1 star review on google and/or yelp and never go back. Also I'm not sure if ethanol will actually separate from gas. *Yes I'm sure there is some bacteria that can live in these conditions but I doubt it would pose a problem ...
by barnaclebob
Thu Dec 07, 2017 12:29 pm
Forum: Investing - Help with Personal Investments
Topic: Want to sell my Bitcoin, but when?
Replies: 90
Views: 8389

Re: Want to sell my Bitcoin, but when?

most bitcoin markets are currently locked up. There was a quick surge to 19.5k followed by a fall to about 15k. Wait, it looks like trading literally opened back up around 15.5k
by barnaclebob
Thu Dec 07, 2017 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Vague job listings
Replies: 15
Views: 662

Re: Vague job listings

Why not make a list of companies in the area you want to work and apply directly at their websites or wherever their websites direct you. That way you wont be scammed.
by barnaclebob
Thu Dec 07, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?
Replies: 47
Views: 4109

Re: Friend buys a lot of stuff because he want's to reduce his tax liability. Is this thinking flawed?

Sadly you wont be able to help. In order for him to change his ways he'll have to accept that the last 20 years of his life have been a waste. How would you react to someone trying to convince you that the church you both attend is just a place where lies are spread? That's what you are up against.
by barnaclebob
Wed Dec 06, 2017 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: House on the market less than a day. Did listing agent commit fraud?
Replies: 56
Views: 6933

Re: House on the market less than a day. Did listing agent commit fraud?

Not sure what could be fraudulent. The seller might have gotten an all cash offer for over asking and took it. In a hot market you need to jump on it same day. It is a bit unusual though.
by barnaclebob
Wed Dec 06, 2017 2:27 pm
Forum: Personal Consumer Issues
Topic: Work from Home Jobs
Replies: 21
Views: 2795

Re: Work from Home Jobs

I have a friend who works 100% from home for HP (or whatever they spun their services business unit into) doing database base stuff for hospitals. He says its soul crushing and he has to make up a lot of slack for workers on his team who don't know what they are doing.
by barnaclebob
Wed Dec 06, 2017 12:37 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage as percentage of take-home pay
Replies: 79
Views: 5759

Re: Mortgage as percentage of take-home pay

Or mortgage on our new house will be approximately 50% of our take home pay on a 20 year note. But we put in 30% (will temporarily go down to 20% to rebuild some taxable $ savings) to our 401k before that. About 25% of take home pay is other expenses and the final 25% for the backdoor roth and other...
by barnaclebob
Wed Dec 06, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Timing the housing market
Replies: 32
Views: 2083

Re: Timing the housing market

A housing and stock market correction will probably happen together if they are quick movements. So in order to time the housing market to buy more house or get the house you want cheaper, you will need to be divested from the stock market.
by barnaclebob
Wed Dec 06, 2017 11:19 am
Forum: Personal Consumer Issues
Topic: Inexpensive way to ship heavy item...
Replies: 23
Views: 1835

Re: Inexpensive way to ship heavy item...

How much personal service does the company have? I have read that you can ship things fairly cheaply on greyhound buses but there is no real tracking and they wont tell you how long it will take to get there. Someone at the company would have to go pick it up from a terminal.
by barnaclebob
Tue Dec 05, 2017 11:08 pm
Forum: Personal Consumer Issues
Topic: selling an older car on eBay-no bites!
Replies: 65
Views: 4634

Re: selling an older car on eBay-no bites!

lol, anyone you don't have to pay to take it away is getting hosed.
by barnaclebob
Tue Dec 05, 2017 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: Should I start making candy bars?
Replies: 6
Views: 1425

Re: Should I start making candy bars?

These types of products are a dime a dozen and its anyone's guess as to which will succeed or not.
by barnaclebob
Tue Dec 05, 2017 1:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard customer service reps need some training
Replies: 66
Views: 6838

Re: Vanguard customer service reps need some training

A lot of people on this Forum complain about Vanguard in one way or another. There is a simple way for those dissatisfied with Vanguard to fix this problem. Move your assets to another firm. I wish good luck to those who choose to do this. Garland Whizzer I think there is a place for constructive c...
by barnaclebob
Tue Dec 05, 2017 10:21 am
Forum: Personal Consumer Issues
Topic: Disputing a charge against an auto repair shop, should I give them another chance to make it right?
Replies: 17
Views: 1706

Re: Disputing a charge against an auto repair shop, should I give them another chance to make it right?

You are supposed to try to come to an agreement with the business before doing a chargeback with the CC company. If the charges are reversed they could send what you owe to collections but I don't know the best course of action if that happens.
by barnaclebob
Mon Dec 04, 2017 6:29 pm
Forum: Personal Consumer Issues
Topic: RV rentals
Replies: 21
Views: 1860

Re: RV rentals

Better to just read and move past thoughts that don't fit your perfect response rather than shut down the discourse. Just my opinion. :o IMO, if you aren't answering what's being asked, you are not capable of learning. Now, can you read and move past this ? Thanks Or maybe they want to provide an a...