Search found 469 matches

by CoAndy
Wed Feb 14, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: What to do with additional funds?
Replies: 3
Views: 254

Re: What to do with additional funds?

Personally, I would halt the 529 contributions, max out your 401(k), and continue to pay off the mortgage. With no house payment, cash flowing college might be an option. Or in 4-5 years when you are mortgage free, simply invest the $1,000 a month you were paying to the mortgage into the 529 plans. ...
by CoAndy
Wed Feb 14, 2018 11:57 am
Forum: Investing - Help with Personal Investments
Topic: When to pay off debt instead of invest?
Replies: 27
Views: 1204

Re: When to pay off debt instead of invest?

I would personally pay down the mortgage.
by CoAndy
Wed Feb 14, 2018 11:45 am
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 82
Views: 5770

Re: Honda vs. Toyota: Which has more bang for the buck?

I agree you can't go wrong either way. I personally have a 2012 Honda Accord with 72k miles and have not had a single issue. Though I have heard and read nothing but great things about the Camry as well.
by CoAndy
Mon Feb 05, 2018 9:18 pm
Forum: Investing - Theory, News & General
Topic: Blood in the water- buying?
Replies: 117
Views: 15893

Re: Blood in the water- buying?

So this is the general premise, that when there is blood in the water you buy your investments. How many have done this in the last three trading days? How many were actually sitting on enough cash to do so? Especially considering that so many here are not advocates of holding large cash positions ...
by CoAndy
Mon Feb 05, 2018 9:13 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 374
Views: 45418

Re: Flaunt Your High-Mileage Car

CoAndy wrote:
Thu Sep 07, 2017 2:13 pm
Thought I would bring this thread back to life so see some new inspiring high mileage vehicles!

2012 Honda Accord. 66k miles. 100% trouble free to date...
2012 Honda Accord 71k miles. Still 100% trouble free. Not high mileage yet but will be in a few years. What a great car this has been.
by CoAndy
Mon Feb 05, 2018 1:28 am
Forum: Personal Consumer Issues
Topic: Cigar buying help
Replies: 39
Views: 2142

Re: Cigar buying help

I recommend CAO Box Press, and most of the Rocky Patel Line: Decade, 1990, 1992, Olde World Reserve Corojo.
by CoAndy
Fri Feb 02, 2018 2:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5575
Views: 1261202

Re: U.S. stocks in freefall

My 401K contribution goes in tomorrow. This is awesome news! If it's troubled water ahead, just be careful what you wish for. Nope, not worried. Stay the course. I have a 50-year horizon. If it dropped 50% tomorrow and I lost my job, we’d still be fine for years. I'm admittedly a total novice, but ...
by CoAndy
Tue Jan 30, 2018 1:25 am
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday, Taylor!
Replies: 84
Views: 4065

Re: Happy Birthday, Taylor!

Happy Birthday Taylor! Thank you for all you have done and all you continue to do. :sharebeer
by CoAndy
Mon Jan 22, 2018 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Dust is settling.. feedback on what's next
Replies: 17
Views: 1998

Re: Dust is settling.. feedback on what's next

I would use $17,000 from your cash holdings and pay off both student loans. This would leave you with $60,000. I would then keep doing what you're doing. I personally would throw a little extra toward the mortgage; say, an extra $300 per month perhaps.
by CoAndy
Fri Jan 19, 2018 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Help Me Spend $900.00 Unused FSA Dollars
Replies: 42
Views: 2882

Re: Help Me Spend $900.00 Unused FSA Dollars

Does anybody in the family have any dental related items? I have found that nothing eats up my FSA balance quite like a trip to the dentist or two.
by CoAndy
Fri Jan 19, 2018 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Prioritizing loans vs savings vs investments
Replies: 11
Views: 670

Re: Prioritizing loans vs savings vs investments

Personally, going with the information you provided, I would sell the property and bank the money to earmark for when you move. I would also pay down those two student loans (the $2.5k, and 2.6k) as soon as possible. Just getting rid of those will simplify things a bit. Are you planning on buying a ...
by CoAndy
Wed Jan 17, 2018 5:35 pm
Forum: Investing - Theory, News & General
Topic: Recent market gains
Replies: 18
Views: 1622

Re: Recent market gains

Nobody knows nothing. But, Miss Market likes the good news, i.e. Tim Cook announcing today that Apple is bringing MUCHOS billions of dollars currently parked overseas back to the USA and creating MUCHOS jobs in the good ole USA. Best thing to do is to ignore all the noise [otherwise you will go ins...
by CoAndy
Fri Dec 29, 2017 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Best way to average 7% in $1M+ 401K for next 10 years
Replies: 29
Views: 2760

Re: Best way to average 7% in $1M+ 401K for next 10 years

To average 7% per year for the next 10 years on top of what the market has done over the last several years sounds like a pipe dream. Though it would be nice and one never knows...
by CoAndy
Fri Dec 22, 2017 10:44 am
Forum: Investing - Theory, News & General
Topic: Who missed out on maximizing 401k?
Replies: 62
Views: 5777

Re: Who missed out on maximizing 401k?

Only managed $12,410.74 with a company match of $2,154.65. Though in January company did a vacation time buy back and deposited $10,700 in my 401(k). Total for the year: $25,265.39. Only wish I could do that every year....
by CoAndy
Fri Dec 22, 2017 9:49 am
Forum: Investing - Theory, News & General
Topic: Saving for the crash
Replies: 58
Views: 7505

Re: Saving for the crash

There are several people who posted about a year ago that they were "retreating to cash" due to instability. 20%+ gains later, when do they get back in? Hence the problem...when to get out and when to get in?
by CoAndy
Mon Dec 04, 2017 11:44 am
Forum: Investing - Theory, News & General
Topic: Retreat to cash
Replies: 331
Views: 57234

Re: Retreat to cash

:oops:
by CoAndy
Tue Nov 14, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: 35 yr-old doc needs some wisdom
Replies: 49
Views: 11251

Re: 35 yr-old doc needs some wisdom

Thanks for the update OP. Did you pay off your student loans? I am assuming so since they are not listed. Great job!
by CoAndy
Fri Nov 10, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Why make more money?
Replies: 134
Views: 13846

Re: Why make more money?

What do you mean when you say people who retire early are subsidized by those who continue to work? I was speaking in terms of the MMM followers who retire very young and claim to live and raise children on $30K to $40K a year in total expenditure. I pay $25K a year in health insurance alone for a ...
by CoAndy
Tue Nov 07, 2017 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Disposable income... how?
Replies: 106
Views: 10590

Re: Disposable income... how?

Stop keeping up with the Joneses! They're broke! Some people define "Can I afford this?" differently. - Can I afford the monthly payments on my credit card? - Can I pay off the credit card within the month? - Can I pay it in cash without putting it on my credit card? - Can I pay for it in cash afte...
by CoAndy
Thu Oct 19, 2017 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: Help me evaluate my finances pls! - 23 years old
Replies: 8
Views: 985

Re: Help me evaluate my finances pls! - 23 years old

I think everything looks pretty good except the $700 a month food budget. I would at the very least, cut that down to $400 (which is still a lot for one person). If you do that, you can greatly increase your 401(k) contribution.
by CoAndy
Mon Oct 16, 2017 4:42 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2844
Views: 893283

Re: What Book Are You Currently Reading? Part VI

Recently finished: 1. Supreme Justice by Phillip Margolin Brad Miller and Dana Cutler series, Book 2 Brad is clerking for a Justice on the Supreme Court who is the victim of an assassination attempt. The hit appeared related to a death row case in Oregon and a "ghost ship" tied to TLA (three-letter...
by CoAndy
Mon Oct 16, 2017 4:33 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2844
Views: 893283

Re: What Book Are You Currently Reading? Part VI

"The Strange Death of Europe" by Douglas Murray.
by CoAndy
Sun Oct 15, 2017 12:03 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 8264

Re: What are you driving? And would you buy your current ride again?

I have a 2012 Honda Accord with 67k miles. It has been 100% problem free (except for the annoying TPM light that comes on when it gets below 30 degrees, which happens a lot here). While I would absolutely buy it again, I probably wont buy another because I have a need for speed that this car does no...
by CoAndy
Fri Oct 13, 2017 5:41 pm
Forum: Personal Consumer Issues
Topic: How many miles/years do you keep your car?
Replies: 108
Views: 8309

Re: How many miles/years do you keep your car?

I bought my 2012 Honda Accord in November 2011. Currently have 67k problem free miles. I would love to get something a bit sportier but can't get past the foolishness of doing that right now. I will drive this car 4 more years and then get something really nice. Though there is a part of me that wou...
by CoAndy
Thu Oct 05, 2017 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Where do you think the money will come from to move the overall market higher?
Replies: 31
Views: 2580

Re: Where do you think the money will come from to move the overall market higher?

I wonder about this too, although for a slightly different reason. Total student loan debt in this country: $1,400,000,000,000.00 Total credit card debt in this country: $1,000,000,000,000.00 Total auto loan debt in this country: $1,000,000,000,000.00 And all are growing. This can't possibly end wel...
by CoAndy
Fri Sep 29, 2017 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Weird, meaningless, but fun net worth threshold!
Replies: 13
Views: 2836

Re: Weird, meaningless, but fun net worth threshold!

Great job! Keep plugging away.

I am looking forward to a weird milestone as well and that is when my 401(k) balance exceeds my mortgage balance. That day is coming soon!
by CoAndy
Fri Sep 29, 2017 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford this house? ("Small Law" edition)
Replies: 19
Views: 2557

Re: Can we afford this house? ("Small Law" edition)

I thought you would be just fine until I saw those $1,200 a month in property taxes. That made my spider sense tingle.
by CoAndy
Wed Sep 27, 2017 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: My boneheaded financial mistakes
Replies: 124
Views: 17492

Re: My boneheaded financial mistakes

Panicking and selling and missing out on some great gains following the last recession.

Marrying a complete disaster of a woman.

Spending too much on frivolous purchases.

Luckily, the ship has been righted. 8-)
by CoAndy
Wed Sep 20, 2017 12:56 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on "entertainment"?
Replies: 50
Views: 3759

Re: How much do you spend on "entertainment"?

OP, what about getting a couple six packs and having a few friends over and relax on your deck or patio? That would be way less expensive. Personally, my entertainment money is spent on a movie about once a month, going out to eat a few times, and purchasing a couple cigars and many alcoholic bevera...
by CoAndy
Wed Sep 20, 2017 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: The Magic of Savings Rate
Replies: 97
Views: 11752

Re: The Magic of Savings Rate

I have been perusing the earlyretirementextreme.com forum lately an have read about many people that reduce their expenses dramatically (by ditching their car, getting a roommate, living in a van or storage unit) and then increasing their savings rate to 50-70%. As most don't have families and almos...
by CoAndy
Thu Sep 07, 2017 2:13 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 374
Views: 45418

Re: Flaunt Your High-Mileage Car

Thought I would bring this thread back to life so see some new inspiring high mileage vehicles!

2012 Honda Accord. 66k miles. 100% trouble free to date...
by CoAndy
Thu Sep 07, 2017 8:54 am
Forum: Personal Finance (Not Investing)
Topic: For those planning early retirement....
Replies: 67
Views: 9936

Re: For those planning early retirement....

I am mostly looking forward to things that either don't cost anything or have minimal costs. Sleeping in, long workouts, hikes with the dog, long leisurely breakfasts, reading, sampling new coffees, beers and cigars, camping, and of course some traveling.
by CoAndy
Wed Sep 06, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: What is the main purpose of holding your current job?
Replies: 66
Views: 6386

Re: What is the main purpose of holding your current job?

"Because I can't sing or dance". Rocky Balboa
by CoAndy
Tue Aug 22, 2017 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: I did it and feel great about it (paid off mortgage)
Replies: 53
Views: 6413

Re: I did it and feel great about it (paid off mortgage)

Congratulations! I am sending a whopping $150 every month extra to my mortgage principal balance. I can't wait to be in your shoes!
by CoAndy
Tue Aug 22, 2017 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: 12 Things Not to Do if You Win the Lottery
Replies: 9
Views: 2178

Re: 12 Things Not to Do if You Win the Lottery

I have read many stories on windfalls being absolutely squandered. I find it mind boggling.
by CoAndy
Sun Aug 20, 2017 10:27 am
Forum: Investing - Help with Personal Investments
Topic: please help...am I overextended - first home
Replies: 78
Views: 7542

Re: please help...am I overextended - first home

Did you make a decision? Don't leave us hanging. :happy I spoke with my realtor today. She is encouraging me to go through with the inspection (she even offered to split it with me but I can't let her do that). I am planning on staying where I currently am and save some money. I got such great feed...
by CoAndy
Tue Aug 08, 2017 6:14 pm
Forum: Investing - Theory, News & General
Topic: news yesterday that Buffett has $100,000,000,000 in cash now
Replies: 65
Views: 9647

Re: news yesterday that Buffett has $100,000,000,000 in cash now

Maybe he`s trying to save enough money to pay off the national debt ? If so , he still has a way to go. BRK could service the US Federal deficit for 82 days before they were completely out of cash. In other words, the National debt would stay constant at it's current ~$20,000,000,000,000 level for ...
by CoAndy
Tue Aug 08, 2017 1:37 pm
Forum: Investing - Theory, News & General
Topic: news yesterday that Buffett has $100,000,000,000 in cash now
Replies: 65
Views: 9647

Re: news yesterday that Buffett has 100,000,000,000 in cash now

Well, that's what you get for reading drudgereport - "news" that is almost entirely wrong. I forget, what's the reasoning on why Buffett doesn't pay dividends? Actually, the drudgereport was entirely right. The OP was wrong in saying it was Buffet holding the $100 billion and not Berkshire Hathaway...
by CoAndy
Tue Aug 08, 2017 1:05 pm
Forum: Investing - Theory, News & General
Topic: news yesterday that Buffett has $100,000,000,000 in cash now
Replies: 65
Views: 9647

Re: news yesterday that Buffett has 100,000,000,000 in cash now

Well, that's what you get for reading drudgereport - "news" that is almost entirely wrong. I forget, what's the reasoning on why Buffett doesn't pay dividends? Actually, the drudgereport was entirely right. The OP was wrong in saying it was Buffet holding the $100 billion and not Berkshire Hathaway.
by CoAndy
Mon Aug 07, 2017 9:30 am
Forum: Personal Finance (Not Investing)
Topic: financial planning for purchasing "forever home" in a few years
Replies: 5
Views: 767

Re: financial planning for purchasing "forever home" in a few years

I agree that you might be looking at homes a bit too pricey. That being said, the fact that you are looking to have kids, buy a new car, and upgrade your house in a few years, I would not pay extra on the mortgage. I would simply stash as much cash as possible in an Ally savings account, which is ea...
by CoAndy
Thu Aug 03, 2017 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Burned out at 28. Do I have enough?
Replies: 62
Views: 10657

Re: Burned out at 28. Do I have enough?

OP, out of curiosity, how much are you able to save and invest every year in your current role?
by CoAndy
Wed Aug 02, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: The age old debate 30 vs 15 [year mortgage rate]
Replies: 41
Views: 5491

Re: The age old debate 30 vs 15 [year mortgage rate]

I think it's very risky to be purchasing a home for a 3-5 year time frame. Even if your company is paying for certain things, the market could drop by 50% or more and you'll be under water. It's happened before and could happen again. I would rent if I were you. You'll avoid a lot of risk and have ...
by CoAndy
Wed Aug 02, 2017 10:06 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 276
Views: 28447

Re: How much money do you need to retire?

Currently 46.

Looking to retire when the house is paid off, both pensions secured, $500,000 in 401(k), and $100,000 in a CD. Aiming for age 55.
by CoAndy
Tue Aug 01, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement savings sufficient to justify home renovations?
Replies: 17
Views: 2030

Re: Retirement savings sufficient to justify home renovations?

It looks to me like you're doing very well. Enjoy the renovations!
by CoAndy
Tue Aug 01, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Shall I just leave my investment alone?
Replies: 10
Views: 1019

Re: Shall I just leave my investment alone?

With the way the market has gone the last several years, I would not be all that comfortable with that allocation. At the very least, I would change my future contributions to 70/30.
by CoAndy
Fri Jul 14, 2017 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Finance Q for those that have gone through Divorce
Replies: 38
Views: 3795

Re: Finance Q for those that have gone through Divorce

OP I went through a divorce in Colorado five years ago. A couple thoughts...Is your wife aware this is coming? If not, brace yourself. If you two can agree on everything yourselves, then lawyers are not needed. I got one and in the end, I view it as totally wasting $7,000. In regard to child support...
by CoAndy
Fri Jul 14, 2017 9:18 am
Forum: Personal Finance (Not Investing)
Topic: When to max out 401k (Aspiring Early Retiree)
Replies: 89
Views: 5888

Re: When to max out 401k (Aspiring Early Retiree)

OP, while you are still living with your folks, why not try maxing out your 401(k) for a few paychecks and see how it goes? You can always dial it back down if needed. If you get paid every two weeks (26 paychecks a year), adjust your contributions to $692.30 per paycheck and forget about it for a w...
by CoAndy
Fri Jul 07, 2017 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Any widower with young kids thinking about retirement?
Replies: 17
Views: 2192

Re: Any widower with young kids thinking about retirement?

I believe I would work for at least a few more years to shore up everything. With those young kids I would want to be in a stronger place financially. Sorry for your loss and good luck to you.
by CoAndy
Wed Jul 05, 2017 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Seeking advice on 1.2m (now 900K) house purchase
Replies: 192
Views: 15052

Re: Seeking advice on 1.2m house purchase

I strongly recommend against doing this.
by CoAndy
Thu Jun 29, 2017 9:11 am
Forum: Personal Finance (Not Investing)
Topic: Friend trades in cars every 2 years, but hates leasing
Replies: 17
Views: 2132

Re: Friend trades in cars every 2 years, but hates leasing

Why does he turn his nose up at leasing? What are his objections to it?