Search found 1271 matches

by Bacchus01
Wed Jan 17, 2018 11:27 pm
Forum: Personal Consumer Issues
Topic: What is the best home exercise equipment?
Replies: 101
Views: 8098

Re: What is the best home exercise equipment?

I personally bought a Sole E95S Elliptical, SR500 rower, and F85 treadmill this past BlackFriday for 10% below the Black Friday prices (by calling and haggling). I also bought a Hoist adjustable ab bench, Hoist bench, and Nubell Pro 530 weight set, plus a curling bar. I’m looking for a recumbent bi...
by Bacchus01
Wed Jan 17, 2018 11:26 pm
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 24
Views: 1445

Re: To the doctors on the forum

why would a doctor know? they dont own the mri! Does the doctor know how much your gym membership is, when they tell you to diet and exercise? do they know the cost of your food when they tell you to diet? if you want the price, ask the owner of the mri machine. The doctor can tell you the cost of ...
by Bacchus01
Wed Jan 17, 2018 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 24
Views: 1445

Re: To the doctors on the forum

Why would the doctor's office know how much an MRI costs? When you go to McDonalds do they know how much your accountant bills you for? It ISN"T the doctor's office billing for the MRI it is the MRI centers doing the billing. Why not ask the individual MRI centers what their billing is? OF course, ...
by Bacchus01
Wed Jan 17, 2018 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: To the doctors on the forum
Replies: 24
Views: 1445

To the doctors on the forum

I just have to ask all the Drs here... Why, in this day and age of HDHP, is it still so difficult to get a Dr, or the office, to tell you what a procedure will cost? Recently had an issue where wife needs and MRI. We wanted to shop this to some MRI specialist places. Ortho response was “why? You hav...
by Bacchus01
Wed Jan 17, 2018 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 10000

Re: GE - a good value?

Pajamas wrote:
Wed Jan 17, 2018 9:15 am
Bacchus01 wrote:
Wed Jan 17, 2018 9:11 am

Absolutely false. This is a falling knife.
You claim to know the future with absolute certainty? :oops:
Actually, with pretty high certainty just short of absolute. Yes.
by Bacchus01
Wed Jan 17, 2018 9:11 am
Forum: Investing - Help with Personal Investments
Topic: GE - a good value?
Replies: 113
Views: 10000

Re: GE - a good value?

laputan86 wrote:
Tue Jan 16, 2018 3:27 pm
Great time to get in now.

Absolutely false. This is a falling knife. If you want to buy in hopes of leveraging the breakup, good luck. But if you think it’s a stock with long term value, no. GE will not exist in a year the way it does today.
by Bacchus01
Wed Jan 17, 2018 8:41 am
Forum: Personal Consumer Issues
Topic: AJ Madison?
Replies: 11
Views: 992

Re: AJ Madison?

Shop Costco
by Bacchus01
Wed Jan 17, 2018 8:25 am
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 115
Views: 7085

Re: Stats on When People Take Social Security

If the most recent trends continue that US Life expectancy go down, then I suppose that may be "good" for the financial health of the SS retirement system. :confused https://www.usatoday.com/story/news/2017/12/21/u-s-life-expectancy-drops-second-year-drug-deaths-spike-cdc/970283001/ Those tables ar...
by Bacchus01
Wed Jan 17, 2018 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Stats on When People Take Social Security
Replies: 115
Views: 7085

Re: Stats on When People Take Social Security

While I’ve read the reasoning on here many times, I’ve never believed that delaying was a core Boglehead philosophy. It may make good sense for a lot of people, but I don’t put it the same group as LBYM, stay the course or low cost index funds. When did delaying SS make you a BH?
by Bacchus01
Mon Jan 15, 2018 1:17 pm
Forum: Personal Consumer Issues
Topic: What is the best home exercise equipment?
Replies: 101
Views: 8098

Re: What is the best home exercise equipment?

Never buy any budget or even mid-range treadmills, rowers, spin bikes or ellipticals, especially not if you are over 200 lbs. Concept 2 is the only game in town for rowers. Premium treadmills or ellipticals from Cybex or Precor are generally only meant for commercial gyms, but anything else is usel...
by Bacchus01
Mon Jan 15, 2018 1:16 pm
Forum: Personal Consumer Issues
Topic: What is the best home exercise equipment?
Replies: 101
Views: 8098

Re: What is the best home exercise equipment?

Umm... If you think about buying home exercise equipment, don't. It's not a good financial decision. With $20 gym membership, you'll get an environment that you can focus on working out and getting the most out of your time. There's also add-ons such as sauna, swimming pool, basketball court, class...
by Bacchus01
Mon Jan 15, 2018 1:11 pm
Forum: Personal Consumer Issues
Topic: Are you finding any good values at Amazon anymore?
Replies: 169
Views: 18201

Re: Are you finding any good values at Amazon anymore?

The Amazon advantage is dwindling, unless you are Prime. We are not. Walmart.com, BestBuy.com and Target.com are now usually as cheap and shipping is free and MUCH FASTER through those sites. I still buy some things on Amazon because they aren't carried at those other stores, but it's becoming less ...
by Bacchus01
Sun Jan 14, 2018 5:35 pm
Forum: Personal Consumer Issues
Topic: What is the best home exercise equipment?
Replies: 101
Views: 8098

Re: What is the best home exercise equipment?

+1 for a treadmill for the winter, bikes are okay, elliptical seems like unnatural motion but easy on the joints A rack, barbell, plates, and a bench are the best for working out (you don't have to be a young man to do it). The Deadlift, Squat, Bench Press, Row, Dips, Curls, Pull-ups, Chin-ups, Lat...
by Bacchus01
Sun Jan 14, 2018 5:32 pm
Forum: Personal Consumer Issues
Topic: What is the best home exercise equipment?
Replies: 101
Views: 8098

Re: What is the best home exercise equipment?

Bacchus01 wrote:
Sat Jul 02, 2016 11:25 am
Get P90X and some hand weights.

Done.

Agree completely. Or get Beachbody On Demand and have a wealth of options.

Run outside.

If you must run inside (I do) get a decent treadmill in the $1000 range. The Sole S60 is an amazing bargain.
by Bacchus01
Sun Jan 14, 2018 2:42 pm
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 176
Views: 17775

Re: What's your asset allocation and why?

At 44, we’re 90/10.

Long ways to go before we need it and my income is still higher than returns.
by Bacchus01
Sun Jan 14, 2018 12:38 pm
Forum: Personal Consumer Issues
Topic: Looking for a reasonably priced, safe international destination
Replies: 100
Views: 5304

Re: Looking for a reasonably priced, safe international destination

Book an all-inclusive in DR or another Caribbean retreat through Costco Travel

/thread
by Bacchus01
Fri Jan 12, 2018 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 290
Views: 25808

Re: Anyone tired of the stock market going up?

As someone who is 90/10, this is both exciting and concerning at the same time.

Now, on a % basis these 200 pt jumps are as impactful as they were when the DOW was at 6000, but it sure feels the same emotionally.
by Bacchus01
Fri Jan 12, 2018 7:58 am
Forum: Investing - Theory, News & General
Topic: Lower tax rates for 7 yrs.-Are you switching to Roth 401K
Replies: 31
Views: 1599

Re: Lower tax rates for 7 yrs.-Are you switching to Roth 401K

We don’t know anything about what they will Be in 8 years.
by Bacchus01
Fri Jan 12, 2018 7:55 am
Forum: Personal Consumer Issues
Topic: Is this solar panel bid reasonable?
Replies: 47
Views: 2397

Re: Is this solar panel bid reasonable?

Battery storage?

Sell back to the grid?

If not one or both, your costs savings will be a fraction of what you’ve posted.

Also, how much of that is labor vs parts? PV is dropping rapidly.
by Bacchus01
Thu Jan 11, 2018 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Is it time for me to "call in rich"?
Replies: 75
Views: 12026

Re: Is it time for me to "call in rich"?

Do you have 35 years of credit for SS? Run the math to see if an extra year or two makes a difference. Are there any kicks on your retirement plan? For example, for our plan, 55 is a milestone that’s important in the retirement plan. How much is that worth? An extra year or two would make no differ...
by Bacchus01
Thu Jan 11, 2018 8:22 am
Forum: Investing - Help with Personal Investments
Topic: Buy bonds until market correction
Replies: 28
Views: 2281

Re: Buy bonds until market correction

Between HSA, 401k, 529, Roth and def comp plan, we have or will put about $75K in the market in the first few months of the year. All have or will go into some equity fund.
by Bacchus01
Wed Jan 10, 2018 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Is it time for me to "call in rich"?
Replies: 75
Views: 12026

Re: Is it time for me to "call in rich"?

Do you have 35 years of credit for SS? Run the math to see if an extra year or two makes a difference.

Are there any kicks on your retirement plan? For example, for our plan, 55 is a milestone that’s important in the retirement plan. How much is that worth?
by Bacchus01
Wed Jan 10, 2018 9:06 pm
Forum: Personal Consumer Issues
Topic: Early Retirement Incentive Plan is generating paranoia in a co-worker
Replies: 37
Views: 4475

Re: Early Retirement Incentive Plan is generating paranoia

My impression is that these early retirement plans are designed with the expectation that a certain percentage of those offered the incentive will accept. And that if the target percentage is not met, that additional employees could be laid off/fired to get overall staffing down to needed levels. T...
by Bacchus01
Wed Jan 10, 2018 8:44 am
Forum: Investing - Theory, News & General
Topic: "6 Reasons The Rich Should Pay-Off Their Mortgage"
Replies: 126
Views: 20643

Re: 1 Reason Not to Pay-Off a Mortgage

Bogleheads: Not everyone wants to leave heirs equity in a difficult to sell, mortgage-free home for heirs to squabble over. When Pat and I were in our 80s, we took out a (low-interest) mortgage on our condo so we could give our heirs our home equity while we were still alive and when they needed it...
by Bacchus01
Mon Jan 08, 2018 7:46 am
Forum: Forum Issues and Administration
Topic: Help me understand question-less financial status (e.g. "2 comma club") threads.
Replies: 175
Views: 8434

Re: Help me understand question-less financial status (e.g. "2 comma club") threads.

Put me in the camp that either likes them or at a minimum tolerates them. I believe those, like the Net Worth thread, serve as mini case examples of the BH way. Each one usually provides an insight into the person’s background, financial situation, demographic information etc that I believe is actio...
by Bacchus01
Sun Jan 07, 2018 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: How much are you putting in a 529?
Replies: 111
Views: 7364

Re: How much are you putting in a 529?

As an estate planning, I will put as much as possible. leave it to generation to come as education fund tax free. This is what we do. We are funding them for each of our kids and ourselves. Taking the tax deduction at state level. We anticipate doing that the rest of our lives with the goal of prov...
by Bacchus01
Sun Jan 07, 2018 12:45 pm
Forum: Investing - Theory, News & General
Topic: Recessions in the USA (list) - Where are we now? Actionable Steps?
Replies: 31
Views: 2464

Re: Recessions in the USA (list) - Where are we now? Actionable Steps?

First, understand what a recession is. We’ve had recessions that people barely even feel, and then you have the Great Recession. Most economists I Read are calling for one in late 2018 or early 2019. It may last two quarters and be very mild. It may be deep and long. Regardless, whether those potent...
by Bacchus01
Sat Jan 06, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: How much are you putting in a 529?
Replies: 111
Views: 7364

Re: How much are you putting in a 529?

We put up to the state tax deduction ($3,140) for each of our three kids plus for my wife and I. Roughly $15,709 a year and state tax deductible
by Bacchus01
Wed Jan 03, 2018 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 708
Views: 182713

Re: Share your networth progression

Bacchus01 wrote:
Thu May 21, 2015 9:47 pm
Just the last few years or so of good records measured at year end, or YTD for 2015


2006 $425
2007 $500
2008 $345
2009 $592
2010 $796
2011 $918
2012 $1,129
2013 $1,435
2014 $1,622
2015 $1,861
2016. $2,121
2017. $2,639
Updated. 2017 was a good year.
by Bacchus01
Wed Jan 03, 2018 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Max It Out Tomorrow [your IRA]
Replies: 162
Views: 17163

Re: Max It Out Tomorrow [your IRA]

I was waffling about it because it'll reduce our cash buffer right as spouse's 401k gets front-loaded and our take-home is reduced, but ... we do have the money so I pulled the trigger on the first step of the backdoor Roths today. It’s funny, by psychologically I like this. Each Jan our taxes shoo...
by Bacchus01
Wed Jan 03, 2018 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: How soon to convert the Traditional IRA to Roth IRA?
Replies: 6
Views: 876

Re: How soon to convert the Traditional IRA to Roth IRA?

dear all, I just bought $5500 traditional IRA for the year 2018 today. I would like to know how soon I can backdoor to Roth IRA? and when is the ideal time frame to do the conversion? When can you do it? If Vanguard, the next day. You can do it before the money even makes it to your account. It’s t...
by Bacchus01
Wed Jan 03, 2018 9:13 pm
Forum: Personal Finance (Not Investing)
Topic: [How to determine budget for toys/luxuries?]
Replies: 41
Views: 2673

Re: How much to spend on toys?

It seams like every few weeks we get another post about "Can I afford X?" X can be as simple as a $10k watch or as expensive as a $100k or more car. Almost always the response by most readers is "No" irrespective of the person's financial situation. I'm sure someone making $250k/yr can afford a nic...
by Bacchus01
Tue Jan 02, 2018 11:48 pm
Forum: Personal Consumer Issues
Topic: Vacation, cabin, snowmobile & keeping warm
Replies: 25
Views: 2537

Re: A cabin in the snow

I am in West Yellowstone right now on a 4 day Snowmobile trip. Two days in the park with a guide and two days on our own outside of Yellowstone in the adjacent national forest. Hundreds of miles of groomed trails outside the park. The snowmobile outfitters will provide all of the outerwear (gloves,...
by Bacchus01
Tue Jan 02, 2018 11:42 pm
Forum: Personal Finance (Not Investing)
Topic: SALT Tax Deduction Max of $10K is NOT indexed to Inflation
Replies: 29
Views: 4255

Re: SALT Tax Deduction Max of $10K is NOT indexed to Inflation

I think it’s by design. It was politically motivated. It hits democratic states hardest yet Dems could not fight it as wealthier people generally use itemization. This was a no win for them. Essentially it significantly simplified the tax code by elimination itemization for another large chunk of p...
by Bacchus01
Tue Jan 02, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Max It Out Tomorrow [your IRA]
Replies: 162
Views: 17163

Re: Max It Out Tomorrow

Can someone explain this to me? The market is fairly "high" right now....why would dumping $5500 into it today be better than breaking it up into 12-monthly installments for example? (which I have to do, no choice) Just curious. Thanks. Because I don't need it for 10+ years, maybe 20. I'm betting t...
by Bacchus01
Mon Jan 01, 2018 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: High deductible health insurance with HSA for family of 5
Replies: 19
Views: 1710

Re: High deductible health insurance with HSA for family of 5

As just a frame of reference, we are mid 40s with three boys age 16, 12, 9. We have had a HDHP since 2010. We pay everything out of pocket and invest the HSA contributions. Despite a trip to the emergency room, twice, for trampoline park injuries (one a broken leg and another 8 staples in the head),...
by Bacchus01
Mon Jan 01, 2018 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: My 2017 Budget
Replies: 35
Views: 3831

Re: My 2017 Budget

For a family of five, we spent 10X what you spent on food.

We spend what you spent on fuel in one month
by Bacchus01
Sun Dec 31, 2017 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Target Net Worth
Replies: 39
Views: 4469

Re: Target Net Worth

$10M

Why? Because I like the sound of it.

That number is not what we will achieve before I retire. I will continue to build to it.
by Bacchus01
Sun Dec 31, 2017 10:56 am
Forum: Investing - Help with Personal Investments
Topic: New Tax Law Impact on Roth 401K
Replies: 21
Views: 2300

Re: New Tax Law Impact on Roth 401K

My wife and I are both 52 years old and will likely continue to contribute $24,500 annually the next 6 years before retiring early at age 58 or so. We have no Roth money in our overall retirement portfolio but about $1.1M in traditional tax deferred accounts so we are a bit worried that RMDs at age...
by Bacchus01
Sun Dec 31, 2017 10:05 am
Forum: Investing - Help with Personal Investments
Topic: New Tax Law Impact on Roth 401K
Replies: 21
Views: 2300

Re: New Tax Law Impact on Roth 401K

My wife and I are both 52 years old and will likely continue to contribute $24,500 annually the next 6 years before retiring early at age 58 or so. We have no Roth money in our overall retirement portfolio but about $1.1M in traditional tax deferred accounts so we are a bit worried that RMDs at age...
by Bacchus01
Sat Dec 30, 2017 2:00 pm
Forum: Personal Consumer Issues
Topic: The Economics of a new Puppy
Replies: 113
Views: 7072

Re: The Economics of a new Puppy

I own a Belgian Malinois which is also in the herding group. Herding dogs are incredibly smart and incredibly active. They need a job. Be prepared to spend a lot of time with your new friend or he will become bored and cause quite a bit of destruction. Good luck...post a photo too! This dog is wick...
by Bacchus01
Fri Dec 29, 2017 11:15 pm
Forum: Personal Consumer Issues
Topic: The Economics of a new Puppy
Replies: 113
Views: 7072

Re: The Economics of a new Puppy

Watch free videos on youtube of Caesar Milan, you'll learn so much. First thing to learn is it's not the dog, it's the people that need to be trained. Dogs need a pack leader, you have to learn how to be that leader - it makes all the difference in the world. Dogs need daily exercise, commit to pro...
by Bacchus01
Fri Dec 29, 2017 10:04 pm
Forum: Personal Consumer Issues
Topic: The Economics of a new Puppy
Replies: 113
Views: 7072

Re: The Economics of a new Puppy

As far as "buying" a dog, it appears some of the rescue groups charge a hefty sum to let you adopt and are bringing dogs in from out of state which I don't like. I'm not a big fan of designer dogs either. Just because they bring in dogs from out of state doesn't mean they're out for your money. Kee...
by Bacchus01
Fri Dec 29, 2017 4:10 pm
Forum: Personal Consumer Issues
Topic: The Economics of a new Puppy
Replies: 113
Views: 7072

Re: The Economics of a new Puppy

To the OP's question, we get our dog food at the local privately owned pet store. It's a couple bucks more per 30lb bag than pet smart, but I actually get to meet the person who is making that money off me when I buy it. I understand the stigma of it and frankly it makes sense, but we bought one an...
by Bacchus01
Fri Dec 29, 2017 9:23 am
Forum: Personal Consumer Issues
Topic: The Economics of a new Puppy
Replies: 113
Views: 7072

Re: The Economics of a new Puppy

Kirkland food gets good reviews. Check into Dog Food Advisor for up to five star recommendations. Do not give a puppy "puppy" food. It makes them grow too fast and stresses the bone structure before it is fully developed. The rescue groups I work with recommend crate training. The all wire crates a...
by Bacchus01
Thu Dec 28, 2017 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: Maxing out retirement accounts
Replies: 55
Views: 4028

Re: Maxing out retirement accounts

Just curious how many of you maxed out retirement accounts when you first began investing. I feel like it’s just not realistic when you first begin with all the bills, loans, and short/ midterm goals. I suppose each year my income increases more will go toward those retirement accounts. Let me know...
by Bacchus01
Thu Dec 28, 2017 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: Maxing out retirement accounts
Replies: 55
Views: 4028

Re: Maxing out retirement accounts

Just curious how many of you maxed out retirement accounts when you first began investing. I feel like it’s just not realistic when you first begin with all the bills, loans, and short/ midterm goals. I suppose each year my income increases more will go toward those retirement accounts. Let me know...
by Bacchus01
Thu Dec 28, 2017 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 878
Views: 48561

Re: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]

Within the last week or two, someone here had a link to a website that plotted a graph of income versus tax savings under the new tax law. If anyone knows what I'm talking about, would you please mind posting the link if you have it? I don't know the link you refer to, MrJones. But here is a graph ...
by Bacchus01
Thu Dec 28, 2017 6:30 pm
Forum: Personal Consumer Issues
Topic: The Economics of a new Puppy
Replies: 113
Views: 7072

Re: The Economics of a new Puppy

Chewy.com indeed. And there's nothing wrong with "buying" a dog. The dogs I have owned throughout my life cannot be found at a shelter or rescue group. I understand the stigma of it and frankly it makes sense, but we bought one any way. I think you have to take the user in mind. Some people are jus...