Search found 1371 matches

by Bacchus01
Mon Feb 19, 2018 4:06 pm
Forum: Personal Consumer Issues
Topic: $12,000 Refrigerator? [Looking in $7k price range]
Replies: 44
Views: 4489

Re: $12,000 Refrigerator? [Looking in $7k price range]

Price out at Costco and get it on your Costco Visa. Will usually push your warranty to at least 4 years or more.
by Bacchus01
Mon Feb 19, 2018 4:02 pm
Forum: Personal Consumer Issues
Topic: Is window replacement this expensive?
Replies: 27
Views: 2082

Re: Is window replacement this expensive?

Buy great windows when you build.

Never overspend on replacements. They will never pay back.

Go to HD or Lowe’s. Or call Costco even. Andersen and Pella replacements. Egads.
by Bacchus01
Sat Feb 17, 2018 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6376

Re: How to get child's skin in the game for college?

15 is not a heavy load. It's an average load.

I went 4 semesters above 20 credits each semester.

The babying that goes on. Geesh.
by Bacchus01
Sat Feb 17, 2018 9:21 am
Forum: Investing - Help with Personal Investments
Topic: Make sense to setup 529 for high school junior?
Replies: 10
Views: 774

Re: Make sense to setup 529 for high school junior?

Hello, my kid is going to be ready for college in a couple of years. I never opened a 529 in the past. I have enough funds at present to maybe pay for a couple of years of college (about $100K). Does it make sense to take some of that money and setup a 529 now, or should I just leave it a regular s...
by Bacchus01
Fri Feb 16, 2018 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6376

Re: How to get child's skin in the game for college?

I find all this skin in the game for college education rather sad. IF you can afford paying 100%. You were happy to support her 100% for the past 17 years; why baulk at the final year in college? At college it becomes clearer as to what turns her on, hopefully not drugs. She will pay full attention...
by Bacchus01
Fri Feb 16, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6376

Re: How to get child's skin in the game for college?

I find all this skin in the game for college education rather sad. IF you can afford paying 100%. You were happy to support her 100% for the past 17 years; why baulk at the final year in college? At college it becomes clearer as to what turns her on, hopefully not drugs. She will pay full attention...
by Bacchus01
Fri Feb 16, 2018 7:41 am
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6479

Re: PSA: Bank of America now charges $12/month for checking

Seems like you expect a lot for next to nothing. As a BoA shareholder, I am glad to see that they are instituting fees to cover the cost of providing services to you. So, I'm supposed to pay BOA for accessing and leveraging my money? How is that a service? The OP is getting a free safe deposit box,...
by Bacchus01
Fri Feb 16, 2018 7:39 am
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6376

Re: How to get child's skin in the game for college?

I find all this skin in the game for college education rather sad. IF you can afford paying 100%. You were happy to support her 100% for the past 17 years; why baulk at the final year in college? At college it becomes clearer as to what turns her on, hopefully not drugs. She will pay full attention...
by Bacchus01
Fri Feb 16, 2018 7:37 am
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6376

Re: How to get child's skin in the game for college?

Hello, I have two different issues that I need help with. Our dd is 17 and has already secured admission in local public university and will start college in Fall 2018. We have about 3.5 years of her undergrad tuition+room&board saved as of today. My husband wants to only pay 3 years of her college...
by Bacchus01
Wed Feb 14, 2018 11:01 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6479

Re: PSA: Bank of America now charges $12/month for checking

Pajamas wrote:
Wed Feb 14, 2018 1:23 pm
Seems like you expect a lot for next to nothing. As a BoA shareholder, I am glad to see that they are instituting fees to cover the cost of providing services to you.
So, I'm supposed to pay BOA for accessing and leveraging my money? How is that a service?
by Bacchus01
Mon Feb 12, 2018 9:28 pm
Forum: Personal Consumer Issues
Topic: I’m not renewing my Costco membership.
Replies: 80
Views: 7095

Re: I’m not renewing my Costco membership.

I'm always one of the dissenters in the Costco threads. I did a very strict price comparison about 3yrs ago and came to the conclusion that there wasn't a single item that our family purchases on a regular basis that was cheaper at Costco than local alternatives. I cancelled. I finally convinced my...
by Bacchus01
Mon Feb 12, 2018 8:47 pm
Forum: Personal Consumer Issues
Topic: I’m not renewing my Costco membership.
Replies: 80
Views: 7095

Re: I’m not renewing my Costco membership.

I ended my membership years ago because it's annoying to shop at Costco. +1 I essentially got paid to get a Costco membership through one of the LivingSocial promotions and did not even think of renewing. The place is deliberately annoying. They do not carry the same stuff all the time, deliberatel...
by Bacchus01
Mon Feb 12, 2018 8:25 pm
Forum: Personal Consumer Issues
Topic: I’m not renewing my Costco membership.
Replies: 80
Views: 7095

Re: I’m not renewing my Costco membership.

Things we buy there almost weekly. Note, family of five with two teenage boys and one that’s 9. - Milk - Frozen waffles - Bacardi - Tito’s - Salmon - Almonds - Eggs - Bread - English muffins - Frozen veggies - Whole pineapples - Apples - Oatmeal - Syrup - Dried blueberries - Dried cherries - Muscle ...
by Bacchus01
Mon Feb 12, 2018 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16590

Re: Number at which to stop worrying

I’m not sure if worry is the right word. But at 44 we have about 25X savings. But there are two problems. First, 3 kids that we hope go to college over then next 14 years. Secondly, health care costs. Both of those lead me to believe that 25X is not nearly enough. What would make us not be concerned...
by Bacchus01
Mon Feb 12, 2018 6:53 pm
Forum: Personal Consumer Issues
Topic: I’m not renewing my Costco membership.
Replies: 80
Views: 7095

Re: I’m not renewing my Costco membership.

We saved enough on one vacation to DR last year to pay for a lifetime of membership
by Bacchus01
Sat Feb 10, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: what to look for when buying a flipped house
Replies: 27
Views: 1827

Re: what to look for when buying a flipped house

Make sure permits were actually pulled and signed off. Does it look like $170K worth of work was done? Was it a cosmetic job or were there mechanicals, wiring, structure done?
by Bacchus01
Sat Feb 10, 2018 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: your assets - now verses end of year?
Replies: 38
Views: 2362

Re: your assets - now verses end of year?

Here we are at the weekend. All prices posted. I did an overall view of my assets. I am down $2286 from my end of the year figures. Wanted to see if I was maintaining over the 2 comma club which I had just entered in October or if I was backsliding. As it sits now, we have all lost about 6 weeks on...
by Bacchus01
Fri Feb 09, 2018 5:58 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1752
Views: 311781

Re: What are you up YTD? [Year To Date]

About -2.25%

95% equities
by Bacchus01
Fri Feb 09, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: I didn't tax-loss harvest this month, did you?
Replies: 86
Views: 4873

Re: I didn't tax-loss harvest this month, did you?

I did this week. About $150 in losses harvested
by Bacchus01
Thu Feb 08, 2018 6:45 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262094

Re: U.S. stocks in freefall

Finally was able to TLH back to 10/25
by Bacchus01
Thu Feb 08, 2018 2:02 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262094

Re: U.S. stocks in freefall

Anyone else buying today, or trying to avoid catching a falling knife? I cashed out my 401K and went all in on bitcoin because I can't handle this markets swings. ... .... .... Alright, I am actually doing nothing. I am planning on cashing my 401K as soon as this market hit the bottom. you can call...
by Bacchus01
Thu Feb 08, 2018 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Investing $20K in portfolio under current market situation
Replies: 23
Views: 1651

Re: Investing $20K in portfolio under current market situation

I'm basically 95/5.

I would move it as you normally would. Nothing that is going on should really change that, unless your time horizon is quite short. If it is, you probably shouldn't be 90/10.
by Bacchus01
Thu Feb 08, 2018 12:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262094

Re: U.S. stocks in freefall

Finally. I can TLH a little bit. Now my newest buy is way back in the second week of November. Oh the horro.
by Bacchus01
Wed Feb 07, 2018 11:14 pm
Forum: Investing - Help with Personal Investments
Topic: Should I roll a former employer's 401K into a roth IRA or my current 401K?
Replies: 23
Views: 1117

Re: Should I roll a former employer's 401K into a roth IRA or my current 401K?

I prefer the simplicity of rolling them together

But then fees matter. I keep two old employer 401ks because the fees on my current plan at much higher. In the older plans I get access to institutional class shares.
by Bacchus01
Wed Feb 07, 2018 7:34 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262094

Re: U.S. stocks in freefall

Was going to TLH....oh wait....never mind. Not down any more
by Bacchus01
Wed Feb 07, 2018 7:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262094

Re: U.S. stocks in freefall

Cosmo wrote:
Wed Feb 07, 2018 6:56 pm
I wish a moderator would put this 7 year old thread out of its misery and lock it.

Cosmo
You’re the only one.
by Bacchus01
Wed Feb 07, 2018 7:30 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2846
Views: 893695

Re: What Book Are You Currently Reading? Part VI

Just finished Gone Girl. Got caught up in the hype and read it on a plane trip. Not bad, but predictable. I may have to catch up on some more Zombie/Apocalypse fiction. Anyone have an recommendations here? I've read World War Z, Autumn series, Day by Day series, Apocalypse Z series (first book was ...
by Bacchus01
Wed Feb 07, 2018 7:29 pm
Forum: Investing - Theory, News & General
Topic: Are Banks Worthless [to invest equity in]?
Replies: 32
Views: 2744

Re: Are Banks Worthless?

I bank all the time. At a brick-and-mortar. I don't do anything financial online. Time to pay my utility bills? I drive to the bank, get a money order, and then drive it to the city's utility office and hand-deliver it. Time to pay my mortgage? I drive to the bank and tell them to transfer money fr...
by Bacchus01
Wed Feb 07, 2018 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Dad gave me money before filing bankruptcy
Replies: 24
Views: 4299

Re: Dad gave me money before filing bankruptcy

Posting on a public forum is also discoverable
by Bacchus01
Wed Feb 07, 2018 1:14 pm
Forum: Investing - Theory, News & General
Topic: Are Banks Worthless [to invest equity in]?
Replies: 32
Views: 2744

Re: Are Banks Worthless?

I don't know if they are worthless from an investment standpoint, but from a consumer standpoint, I don't know why they really exist any more. It used to be that you had a main bank and you did everything there: deposits, checking, credit card, home loan, car loan, etc. Now? The only reason I have a...
by Bacchus01
Wed Feb 07, 2018 8:33 am
Forum: Personal Finance (Not Investing)
Topic: Am I saving too much for retirement?
Replies: 105
Views: 12165

Re: Am I saving too much for retirment?

It’s impossible to know because you’ve given us zero information on your goals. My general advice to most people, however, is max their tax preferred accounts as much as possible. 401k to match HSA Roth IRA 401k to legal limit 529s if state deduction In our house that would be $65K and we hit that e...
by Bacchus01
Tue Feb 06, 2018 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Stop Contributing to 529 plan yet?
Replies: 9
Views: 1192

Re: Stop Contributing to 529 plan yet?

Do you have a state deduction?

Is grad school likely?

Do you know you can pass it to your grandkids someday?
by Bacchus01
Tue Feb 06, 2018 9:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262094

Re: U.S. stocks in freefall

2008-2009 was not a correction. It was a fullblown bear market. Bingo! That's why it is not on the list of those that fit into the mold of "correction". The 2011, and 2015-16 are also suspect as the average stock corrected more than what the S&P shows which put all of those stocks in bear market te...
by Bacchus01
Tue Feb 06, 2018 8:36 am
Forum: Investing - Theory, News & General
Topic: Where Are The 100% Equity Bulls? BND up .44%
Replies: 47
Views: 4668

Re: Where Are The 100% Equity Bulls? BND up .44%

Hmmnnn. Strange that stocks go down because, supposedly, there is fear that interest rates are about to go up. Interest rates going up means that bonds will go down :oops: Perhaps there is something I am missing in all this. Or perhaps the talking heads have no clue as to why stocks went down :conf...
by Bacchus01
Tue Feb 06, 2018 8:33 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262094

Re: U.S. stocks in freefall

Here are the past 10 corrections in the S&P 500 index: Span of the correction ---------Decline in Percent May 21, 2015-Feb. 11, 2016------14.2 April 29, 2011-Oct. 3, 2011------19.4 April 23, 2010-July 2, 2010-------16 Nov. 27, 2002-March 11, 2003----14.7 July 16, 1999-Oct. 15, 1999------12.1 July 1...
by Bacchus01
Tue Feb 06, 2018 8:32 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262094

Re: U.S. stocks in freefall

Here are the past 10 corrections in the S&P 500 index: Span of the correction ---------Decline in Percent May 21, 2015-Feb. 11, 2016------14.2 April 29, 2011-Oct. 3, 2011------19.4 April 23, 2010-July 2, 2010-------16 Nov. 27, 2002-March 11, 2003----14.7 July 16, 1999-Oct. 15, 1999------12.1 July 1...
by Bacchus01
Mon Feb 05, 2018 11:21 pm
Forum: Investing - Theory, News & General
Topic: Where Are The 100% Equity Bulls? BND up .44%
Replies: 47
Views: 4668

Re: Where Are The 100% Equity Bulls? BND up .44%

Alexa9 wrote:
Mon Feb 05, 2018 9:18 pm
Wishing you had at least 20% bonds to rebalance tomorrow? BND was up .44% today :mrgreen:
No. Actually, I don’t. Still positive for the year and nothing to even TLH.
by Bacchus01
Mon Feb 05, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262094

Re: U.S. stocks in freefall

People need to stop wishing for a crash. At least out loud. Even if YOU don't get hurt, many people will. I've been thinking the exact same thing when I've been reading this thread for the past week. EXACTLY. Some of us are literally on the verge of retirement. Others are IN retirement. People like...
by Bacchus01
Mon Feb 05, 2018 5:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262094

Re: U.S. stocks in freefall

People need to stop wishing for a crash. At least out loud. Even if YOU don't get hurt, many people will. I've been thinking the exact same thing when I've been reading this thread for the past week. Don't worry. As soon as we see a REAL crash, like in 2008, just about all of the people who have be...
by Bacchus01
Mon Feb 05, 2018 5:47 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262094

Re: U.S. stocks in freefall

For someone 25-30 yrs from retirement, with <100k in 401k, with plans of maxing out 2 401ks starting later this year, am I crazy in thinking this is a good thing? Unless it turns into a recession and you lose your job. People need to stop wishing for a crash. At least out loud. Even if YOU don't ge...
by Bacchus01
Mon Feb 05, 2018 5:43 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262094

Re: U.S. stocks in freefall

jehovasfitness wrote:
Mon Feb 05, 2018 3:40 pm
For someone 25-30 yrs from retirement, with <100k in 401k, with plans of maxing out 2 401ks starting later this year, am I crazy in thinking this is a good thing?
Neither good nor bad really. It just is.
by Bacchus01
Mon Feb 05, 2018 1:32 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262094

Re: U.S. stocks in freefall

The DOW has not been this low since.....January 5th! The S&P since Jan 4th!

Oh the horror.
by Bacchus01
Mon Feb 05, 2018 9:58 am
Forum: Personal Finance (Not Investing)
Topic: When is it ok to quit your job and run your business full time?
Replies: 24
Views: 2148

Re: When is it ok to quit your job and run your business full time?

It seems like you got more lucky than planf. Entrepreneurship and creativity is fun and rewarding for you it seems, but how will you turn that into a career? On paper, the best decision would probably be to keep my full time job, and spend all my nights and weekends working on my side business. How...
by Bacchus01
Mon Feb 05, 2018 9:55 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1262094

Re: U.S. stocks in freefall

Yep. Just checked. Still can't TLH.

My lowest return after tax investment is still up 4% from my buy in December in TSM.

My lowest return after tax return in S&P 500 index, purchased in September, is just 11%.

Guess I'll keep waiting to TLH :D
by Bacchus01
Sun Feb 04, 2018 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Opening Roth IRA with less than $1,000
Replies: 40
Views: 10735

Re: Opening Roth IRA with less than $1,000

gostars wrote:
Sat Feb 03, 2018 11:43 pm
I would make a separate contribution for each year, just to avoid any potential confusion as to what belongs where. Once both are in, then buy.


That’s the plan. The question is whether Vanguard will allow that in order to meet the $1000 min requirement
by Bacchus01
Sun Feb 04, 2018 8:39 am
Forum: Personal Finance (Not Investing)
Topic: How am I doing on 529 plan contributions?
Replies: 13
Views: 1140

Re: How am I doing on 529 plan contributions?

We’re planning $50K a year for 5 years for each of three kids. So, $750K total. We put $15K per year in each of five 529s and will likely do so the rest of our lives as long as there is a state deduction. What our kids don’t use will be given to our grandkids. It’s a multi-generational education tr...
by Bacchus01
Sun Feb 04, 2018 8:36 am
Forum: Personal Finance (Not Investing)
Topic: When is it ok to quit your job and run your business full time?
Replies: 24
Views: 2148

Re: When is it ok to quit your job and run your business full time?

Do you have an actual business plan beyond “throw up some websites and make some money”? What is the sustainable long-term plan? Secondly, is this an all or nothing proposition? Can you cut your hours at your day job? Go part time? What is your total compensation including benefits? Don’t discount t...
by Bacchus01
Sat Feb 03, 2018 9:07 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doing on 529 plan contributions?
Replies: 13
Views: 1140

Re: How am I doing on 529 plan contributions?

We’re planning $50K a year for 5 years for each of three kids. So, $750K total. We put $15K per year in each of five 529s and will likely do so the rest of our lives as long as there is a state deduction. What our kids don’t use will be given to our grandkids. It’s a multi-generational education tru...
by Bacchus01
Sat Feb 03, 2018 7:06 pm
Forum: Investing - Help with Personal Investments
Topic: Opening Roth IRA with less than $1,000
Replies: 40
Views: 10735

Re: Opening Roth IRA with less than $1,000

Child could have earned $100 or more in 2012 already. If not, get his agent to find him a job. You can open the Roth at VG for $1000 in a TR fund.. Vanguard will ask if it should be a 2011 or 2012 contribution, or some of each. Put $900 as 2011 contribution and $100 for 2012. Your child has until D...