Search found 1505 matches

by Bacchus01
Tue Apr 17, 2018 7:16 am
Forum: Personal Consumer Issues
Topic: Allegiant Airlines...Anyone watch CBS 60 Minutes?
Replies: 55
Views: 5585

Re: Allegiant Airlines...Anyone watch CBS 60 Minutes?

For all of this, lately their fares, when you add their fees up, are higher than Delta This has really surprised me lately. I used to be able grab a 2 hour flight to a favorite Florida destination for under $100 roundtrip. Skip paying for extras and spend $10 on the drink/nut combo to keep the flig...
by Bacchus01
Mon Apr 16, 2018 8:26 pm
Forum: Personal Consumer Issues
Topic: Las Vegas hotel
Replies: 44
Views: 2891

Re: Las Vegas hotel

Pajamas wrote:
Mon Apr 16, 2018 7:03 pm
Bacchus01 wrote:
Sun Apr 15, 2018 10:07 pm
I never stay anywhere except the Trump unless I have to.
I read the mattresses there have stains on them.
Why would they?
by Bacchus01
Mon Apr 16, 2018 5:43 pm
Forum: Personal Consumer Issues
Topic: Allegiant Airlines...Anyone watch CBS 60 Minutes?
Replies: 55
Views: 5585

Re: Allegiant Airlines...Anyone watch CBS 60 Minutes?

I actually have a clause in my employment contract that prohibits my employer from requiring me to fly discount airlines, domestic or abroad.

No way am I getting on an Allegiant, Spirit, et al flight.
by Bacchus01
Mon Apr 16, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 129
Views: 10911

Re: Can I retire at age 40?

Wait, day trading?

I really hope your spouse works.
by Bacchus01
Mon Apr 16, 2018 5:02 pm
Forum: Personal Consumer Issues
Topic: Costco gas
Replies: 67
Views: 5374

Re: Costco gas

I commute 110 miles a day

Fill up at Costco about 3 times every two weeks. Sometimes more.

Just today Costco was .16/gallon cheaper

It adds up fast
by Bacchus01
Mon Apr 16, 2018 3:29 pm
Forum: Investing - Help with Personal Investments
Topic: Transfer of stock to minor children, invest in 529.
Replies: 11
Views: 3903

Re: Transfer of stock to minor children, invest in 529.

Does anyone have a current link or similar for the Fairnark article? I’m trying to figure out what I can have my kids pay for to support gifting them appreciated shares and reducing cap gains. My assumption is I can reinvest my money that I would have paid, like $2K for soccer fees, and reset my bas...
by Bacchus01
Mon Apr 16, 2018 3:18 pm
Forum: Investing - Help with Personal Investments
Topic: Gifting Shares to Son to fund ROTH
Replies: 6
Views: 531

Re: Gifting Shares to Son to fund ROTH

We have gifted shares to our working kids that they immediately sell. Since they have earned income from jobs, they use the money to contribute to their Roth IRAs. So the answer to the question is YES! Of course, they get to learn about filling out tax returns, how to report their 1099-B and 1099-D...
by Bacchus01
Mon Apr 16, 2018 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 129
Views: 10911

Re: Can I retire at age 40?

cfs wrote:
Mon Apr 16, 2018 11:30 am
Yes you can.

No you should not.

You have another twenty productive years ahead of you.

Now just get out there and show everyone that "yes you can" retire AT SIXTY.

Good luck, y gracias por leer ~cfs~
Terrible advice. He owes you nothing. Work does not equal self worth
by Bacchus01
Mon Apr 16, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Gifting Shares to Son to fund ROTH
Replies: 6
Views: 531

Re: Gifting Shares to Son to fund ROTH

Your strategy is sensible and many others do the same. You need to learn about the Kiddie Tax (or tell us much more about your situation) so that you can avoid paying capital gains taxes on the appreciation on those gifted shares. Best wishes. Thanks. I’m aware of the Kiddie Tax. Son is 16 and has ...
by Bacchus01
Mon Apr 16, 2018 7:33 am
Forum: Personal Finance (Not Investing)
Topic: 2018 estimated tax question
Replies: 8
Views: 766

Re: 2018 estimated tax question

thank you. just to be 100% clear, you are saying that if I find that I am undershooting on withholding later in the year I can just increase my w2 withholding at that time to ultimately meet the minimum withholding threshold, even if the increase results in a back-end loaded withholding? For exampl...
by Bacchus01
Mon Apr 16, 2018 7:31 am
Forum: Personal Finance (Not Investing)
Topic: 2018 estimated tax question
Replies: 8
Views: 766

Re: 2018 estimated tax question

The recommendation to use the W-2 to manage your tax burden can be accomplished by periodically reviewing your withholding vs current anticipated income tax burden and modifying the additional amount held. If all your withholding comes through the W-2 earnings and you have met the threshold you ref...
by Bacchus01
Mon Apr 16, 2018 7:24 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire at age 40?
Replies: 129
Views: 10911

Re: Can I retire at age 40?

No.

Find a different job, even if it pays less. Balance.
by Bacchus01
Mon Apr 16, 2018 7:20 am
Forum: Investing - Help with Personal Investments
Topic: Gifting Shares to Son to fund ROTH
Replies: 6
Views: 531

Gifting Shares to Son to fund ROTH

We committed to our kids that we would match their annual earned income each year and fund a ROTH with it. We believe it’s a nice additional incentive for them to work, is an educational opportunity, and helps us pass along wealth while we are around. Can we give them shares from our after-tax inves...
by Bacchus01
Sun Apr 15, 2018 10:07 pm
Forum: Personal Consumer Issues
Topic: Las Vegas hotel
Replies: 44
Views: 2891

Re: Las Vegas hotel

I never stay anywhere except the Trump unless I have to.
by Bacchus01
Sun Apr 15, 2018 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire at the end of 2018 at age 59?
Replies: 31
Views: 5415

Re: Can I retire at the end of 2018 at age 59?

[Post removed by admin LadyGeek]
[Response removed by admin LadyGeek]

To the OP, I honestly think the deal is very good and you should take it.

Now, you may not want to quit working, but take the deal? Yeah.
by Bacchus01
Thu Apr 12, 2018 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Limits on multiple 401ks and Mega Roth Backdoor
Replies: 6
Views: 468

Re: Limits on multiple 401ks and Mega Roth Backdoor

i would set up 401k-backdoor roths for clients and you are going to run into a few issues. -i've NEVER seen a 401k allow after tax contributions before maxing pretax contributions. most companies automatically stop contributions when you hit the 18.5 limit. most of the HR reps get confused about th...
by Bacchus01
Thu Apr 12, 2018 5:42 pm
Forum: Personal Consumer Issues
Topic: Passport photo DIY - anyone done it easily?
Replies: 92
Views: 6453

Re: Passport photo DIY - anyone done it easily?

Walgreens does them for like $7
by Bacchus01
Tue Apr 10, 2018 5:26 pm
Forum: Personal Consumer Issues
Topic: Best place to buy a TV
Replies: 33
Views: 2624

Re: Best place to buy a TV

I buy at Costco using the Costco credit card just for the extended warranties. I also got the Square Trade Extended warranty, with stretches the whole thing to 7 years. While normally I consider extended warranties a waste of money, it is important when buying Samsung televisions. The warranty poli...
by Bacchus01
Tue Apr 10, 2018 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Active Adult Retirement Communities
Replies: 36
Views: 3625

Re: Active Adult Retirement Communities

The Villages in middle Florida https://www.thevillages.com/ I have heard of The Villages but have never been there. Sounds like a wild place if half this stuff is true (and this is just a sampling): https://nypost.com/2009/01/25/retire-to-the-bedroom/ http://www.slate.com/articles/life/florida/feat...
by Bacchus01
Tue Apr 10, 2018 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Am I Crazy??? [Excess W-4 withholding, got large tax refund]
Replies: 31
Views: 3482

Re: Am I Crazy??? [Excess W-4 withholding, got large tax refund]

Nothing crazy. Lots of sane, rational, responsible people do exactly the same thing on purpose. There’s nothing wrong with it, but there are better options. I do exactly the opposite. I calculate the max I can underwithhold without paying a penalty and then file as late as possible. I also WAY under...
by Bacchus01
Tue Apr 10, 2018 5:30 am
Forum: Investing - Help with Personal Investments
Topic: Starting to invest at 35, is this a good plan for retirement planning?
Replies: 32
Views: 3561

Re: Starting to invest at 35, is this a good plan for retirement planning?

You’ll read threads here and believe you are woefully behind. Just realize you are ahead of 99% of people in the US. I’d ditch the student loan as quick as possible. That’s a big sum at 35. How long have you carried it and how big was it to start? You have a 30 year horizon. Look forward, not back....
by Bacchus01
Mon Apr 09, 2018 8:58 pm
Forum: Personal Consumer Issues
Topic: Atlantis Bahamas for myself with 2 kids?
Replies: 13
Views: 1802

Re: Atlantis Bahamas for myself with 2 kids?

Any options for 5 people?

Thinking rent a condo from familyfunatlantis.com
by Bacchus01
Mon Apr 09, 2018 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Your Monthly Cost of Living
Replies: 65
Views: 6437

Re: Your Monthly Cost of Living

Will have dug up details, but for this family of five with three mortgages and two car loans, we spend $10k+ a month. Now, $2K of that is on two properties that are investments. I also commute 110 miles round trip daily. We have newer cars with $1400/mo payments and I swould one about $350/mo on gas...
by Bacchus01
Mon Apr 09, 2018 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Is refinancing to 30 year worth it?
Replies: 20
Views: 1981

Re: Is refinancing to 30 year worth it?

Counting your ROTH as part of your emergency fund is not a bad idea. I do that as well.
by Bacchus01
Sun Apr 08, 2018 5:44 pm
Forum: Personal Consumer Issues
Topic: Honda reliability slipping?
Replies: 31
Views: 3825

Re: Honda reliability slipping?

According to consumer reports, which knows a lot more on car reliability than any particular Boglehead...Overall, Honda’s reliability is average. That said, in 2018, average reliability is actually pretty darn reliable. The April issue of CR has a chart telling what “average” is for their different...
by Bacchus01
Sun Apr 08, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Higher total income in retirement than during working?
Replies: 51
Views: 4461

Re: Higher total income in retirement than during working?

But withdrawing savings is not “income” In the account of household cash flow it is. And that is what we are talking about when we talk about what one spends. But a person can talk about anything they want as long as they are clear as to what is the point. I think the OP is already unclear regardin...
by Bacchus01
Sun Apr 08, 2018 5:39 pm
Forum: Personal Consumer Issues
Topic: Robotic lawn mowers
Replies: 18
Views: 1220

Re: Robotic lawn mowers

Basically a Roomba for your yard. I too am interested in these and would like to see if anyone has used them. Check the size of your yard. I think it would be terrible for 3/4 acre. They are coming a long way, but aren’t very effective for US size lawns. Since they now in a random pattern, it can l...
by Bacchus01
Sun Apr 08, 2018 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Higher total income in retirement than during working?
Replies: 51
Views: 4461

Re: Higher total income in retirement than during working?

I think the boglehead aim is to eventually have passive income more than expenses at retirement,possibly earlier. It has no relation to exceeding active income although a few may also acheive this. I’ve never seen that explicitly stated either. In fact, I’m in the camp that says if passive income i...
by Bacchus01
Sun Apr 08, 2018 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Higher total income in retirement than during working?
Replies: 51
Views: 4461

Re: Higher total income in retirement than during working?

I think the boglehead aim is to eventually have passive income more than expenses at retirement,possibly earlier. It has no relation to exceeding active income although a few may also acheive this. I’ve never seen that explicitly stated either. In fact, I’m in the camp that says if passive income i...
by Bacchus01
Sun Apr 08, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Higher total income in retirement than during working?
Replies: 51
Views: 4461

Re: Higher total income in retirement than during working?

I think the boglehead aim is to eventually have passive income more than expenses at retirement,possibly earlier. It has no relation to exceeding active income although a few may also acheive this. I’ve never seen that explicitly stated either. In fact, I’m in the camp that says if passive income i...
by Bacchus01
Sun Apr 08, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: Has used furniture dropped in value dramatically?
Replies: 119
Views: 11742

Re: Has used furniture dropped in value dramatically?

I just bought a 3.5 k sofa bed. I saved for it. I wanted it. It was not a quick spontaneous purchase. I am very happy with it. I love beautiful furniture. I have several solid wood pieces which are beautiful. I really don't care about resale value. It s too bad millenials don't like quality. I'm al...
by Bacchus01
Sun Apr 08, 2018 10:19 am
Forum: Personal Consumer Issues
Topic: Has used furniture dropped in value dramatically?
Replies: 119
Views: 11742

Re: Has used furniture dropped in value dramatically?

I just bought a 3.5 k sofa bed. I saved for it. I wanted it. It was not a quick spontaneous purchase. I am very happy with it. I love beautiful furniture. I have several solid wood pieces which are beautiful. I really don't care about resale value. It s too bad millenials don't like quality. I'm al...
by Bacchus01
Sun Apr 08, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: Best place to buy a TV
Replies: 33
Views: 2624

Re: Best place to buy a TV

If you want the latest and greatest, Best Buy or online.

If you want the best value while still getting high performance? Costco. Getting a 4-year warranty when you use the Costco CC is amazing.
by Bacchus01
Sun Apr 08, 2018 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Starting to invest at 35, is this a good plan for retirement planning?
Replies: 32
Views: 3561

Re: Starting to invest at 35, is this a good plan for retirement planning?

You’ll read threads here and believe you are woefully behind. Just realize you are ahead of 99% of people in the US. I’d ditch the student loan as quick as possible. That’s a big sum at 35. How long have you carried it and how big was it to start? You have a 30 year horizon. Look forward, not back....
by Bacchus01
Sun Apr 08, 2018 9:49 am
Forum: Investing - Theory, News & General
Topic: Global Stock Markets in the Twentieth Century
Replies: 16
Views: 1041

Re: Global Stock Markets in the Twentieth Century

Data that’s now more than 20 years old? The data that comes from way back in 1921 is now almost one hundred years old. Now that's some old data! What’s the point? Do you believe that you'd be better off if you used only fresh data for making decisions? There's sparkling, brand spanking new data on ...
by Bacchus01
Sun Apr 08, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Is refinancing to 30 year worth it?
Replies: 20
Views: 1981

Re: Is refinancing to 30 year worth it?

I wouldn’t do anything. You haven’t said you are short on funds, so refinancing to a worse rate to invest more doesn’t make sense. If you get in a pinch, cut your 401k for a little while. I would suggest stop paying off your mortgage early. I know it’s only $17, but there is very little benefit to d...
by Bacchus01
Sat Apr 07, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: Global Stock Markets in the Twentieth Century
Replies: 16
Views: 1041

Re: Global Stock Markets in the Twentieth Century

Data that’s now more than 20 years old?

What’s the point?
by Bacchus01
Sat Apr 07, 2018 1:03 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 11307

Re: What is your AA, given your age? and, Why?

95/5 at 44 and 49.

Why? Because we can. Our most likely biggest investment return over the next 20 years is still our human capital. I don’t mind the risk on the rest because we don’t really need it anytime soon.
by Bacchus01
Sat Apr 07, 2018 1:01 pm
Forum: Personal Consumer Issues
Topic: how much would a new kitchen cost?
Replies: 21
Views: 1705

Re: how much would a new kitchen cost?

The shows are stupid and unrealistic. Do flippers get those rated? Sometimes. They also are volume customers with constant business and do a lot of the rough work themselves or with cheap labor. Depending on your location, it’s hard to believe you could have it fully contracted for under $200/sq ft.
by Bacchus01
Sat Apr 07, 2018 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Starting to invest at 35, is this a good plan for retirement planning?
Replies: 32
Views: 3561

Re: Starting to invest at 35, is this a good plan for retirement planning?

You’ll read threads here and believe you are woefully behind. Just realize you are ahead of 99% of people in the US. I’d ditch the student loan as quick as possible. That’s a big sum at 35. How long have you carried it and how big was it to start? You have a 30 year horizon. Look forward, not back. ...
by Bacchus01
Fri Apr 06, 2018 11:21 pm
Forum: Investing - Theory, News & General
Topic: Are we in bear territory?
Replies: 49
Views: 6079

Re: Are we in bear territory?

I sold all my funds and am now buying antiques. :shock: :mrgreen: I did actually just read a newspaper article about how inexpensive antiques are nowadays. They’re pretty much going for 80% off what they were being sold for about 10-15 years ago. I see stuff getting dumped on Craigslist or Facebook...
by Bacchus01
Fri Apr 06, 2018 9:17 am
Forum: Investing - Theory, News & General
Topic: “We’re not making enough money off you”
Replies: 62
Views: 10645

Re: “We’re not making enough money off you”

Why is that fair of the special loan rates are part of the service package? When I had a relationship with BoA many years ago like this, special loan rates were part of the deal. I had assumed that the special rates were not a standard part of the service package - that it was a reward based on the...
by Bacchus01
Fri Apr 06, 2018 9:15 am
Forum: Personal Consumer Issues
Topic: VW Atlas
Replies: 46
Views: 3074

Re: VW Atlas

I believe that. Even the GX 460 3rd row is kind a joke. Kids or short trips. People or stuff. No both. The difference though, is that while third-row occupants are going to be miserable in either vehicle, with the RXL putting people in the third row makes everyone in the first and second rows miser...
by Bacchus01
Wed Apr 04, 2018 8:54 am
Forum: Personal Consumer Issues
Topic: Travel to Dominican Republic
Replies: 17
Views: 1461

Re: Travel to Dominican Republic

Small tips are fine. They are appreciated. We were sure to tip our breakfast waiter on day one (and every day) and that extra couple bucks made for a huge increase in service which was already good to start. One day I had run out of dollars on me and asked if Euros were okay as I had some on me. He ...
by Bacchus01
Wed Apr 04, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: VW Atlas
Replies: 46
Views: 3074

Re: VW Atlas

We have a 2014 Acadia Denali. I would not buy the Traverse. I’m shocked with the maintenance issues on the Acadia. Side detection went out. After 3 trips they finally replaced under warranty for $2,500. We had the AC system in 3 times and they never fixed. Independent shop says rear condenser needs ...