Search found 2186 matches

by surfstar
Wed Sep 23, 2020 7:15 pm
Forum: Investing - Theory, News & General
Topic: How I became a 28-year-old millionaire, featuring Taylor Larimore
Replies: 76
Views: 7600

Re: How I became a 28-year-old millionaire, featuring Taylor Larimore

Be born in the richest country in the world. Work your way up to the highest 2% income bracket. Done. *optional step - write a book about how easy it is to just increase your income and wonder why everyone doesn't just do that :oops: I'll be sure to ask all my friends and family why they haven't jus...
by surfstar
Wed Sep 23, 2020 4:27 pm
Forum: Personal Consumer Issues
Topic: Pay Realtor Per Showing
Replies: 32
Views: 1966

Re: Pay Realtor Per Showing

Am I the only person who went around looking at houses at open houses by herself? Then I knew what was available, what prices were really, and what I wanted. Yes, it was a hot housing market, but there is always another house on the horizon, and nobody was pushing me to make a decision or hurry up....
by surfstar
Wed Sep 23, 2020 3:43 pm
Forum: Personal Consumer Issues
Topic: How big is the used class B RV bubble?
Replies: 5
Views: 1085

Re: How big is the used class B RV bubble?

Wait two years.
Unless you want to buy and use one now - then buy now, enjoy it, and consider it a "use tax" ;)
by surfstar
Wed Sep 23, 2020 3:41 pm
Forum: Personal Investments
Topic: Roth IRA
Replies: 8
Views: 491

Re: ROTh IRA

Nope.
Why buy one when you can buy them all?!?
VTSAX
by surfstar
Wed Sep 23, 2020 3:17 pm
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 73
Views: 3947

Re: A simpler car.

1993 Camry

https://www.theonion.com/toyota-recalls ... 1819577805
Toyota Recalls 1993 Camry Due To Fact That Owners Really Should Have Bought Something New By Now
by surfstar
Wed Sep 23, 2020 2:10 pm
Forum: Personal Consumer Issues
Topic: A simpler car.
Replies: 73
Views: 3947

Re: A simpler car.

I have a feeling I'm in the minority here but I'm thinking about buying a simpler older car, I recently sold my (2007) car I really liked I had all the bugs worked out but the paint was starting to go and I didn't want to spend $3k. I bought a 2015 car it had a transmission issue that I fixed but I...
by surfstar
Tue Sep 22, 2020 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: How to cash an estate check when there is no estate?
Replies: 18
Views: 1492

Re: How to cash an estate check when there is no estate?

No hassle options:
Small check? Mobile deposit.
Larger? ATM deposit.

Bigger than that - not sure.
by surfstar
Tue Sep 22, 2020 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Credit score mystery
Replies: 23
Views: 1513

Re: Credit score mystery

When you review the docs, you'll see the credit report. They're required to provide a copy of it when they run your credit. That should let you know what system it is from.
by surfstar
Tue Sep 22, 2020 9:30 am
Forum: Personal Consumer Issues
Topic: Just Ordered Peloton Bike
Replies: 165
Views: 16283

Re: Just Ordered Peloton Bike

https://www.marketwatch.com/story/pelot ... =home-page

Peloton stock down as Amazon unveils $499 Echelon bike.
Trying to corner another market? :twisted:
by surfstar
Thu Sep 17, 2020 12:18 am
Forum: Personal Consumer Issues
Topic: Is it worth to relocate for retirement?
Replies: 140
Views: 13136

Re: Is it worth to relocate for retirement?

All these mentions of what folks are paying in property tax has made me jealous! I pay $14k/year here in Calif and that is with the increases capped due to prop. 13. We've been in this house for ~20 years, but someone moving in now would pay even more. It was a bit more bearable before SALT went aw...
by surfstar
Wed Sep 16, 2020 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off sub 4% mortgage interest rate early
Replies: 157
Views: 12234

Re: Paying off sub 4% mortgage interest rate early

I am wondering why all the folks with 3.5% - 3.75% mortgages aren’t doing a no cost refi down to 2.75% or so, unless you’re planning to pay it off completely in 2 years or so. I'm at 3.875%, 3 years into a 30 year fixed, and I haven't refinanced because my bank is only offering 3.25% with nearly $4...
by surfstar
Wed Sep 16, 2020 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Paying off sub 4% mortgage interest rate early
Replies: 157
Views: 12234

Re: Paying off sub 4% mortgage interest rate early

I am wondering why all the folks with 3.5% - 3.75% mortgages aren’t doing a no cost refi down to 2.75% or so, unless you’re planning to pay it off completely in 2 years or so. I'm at 3.875%, 3 years into a 30 year fixed, and I haven't refinanced because my bank is only offering 3.25% with nearly $4...
by surfstar
Wed Sep 16, 2020 11:47 am
Forum: Personal Finance (Not Investing)
Topic: what is your side job and income?
Replies: 86
Views: 9856

Re: what is your side job and income?

none and $0 I don't like working - why would I spend more time doing something I don't like? Find a hobby. If you must have a "side hustle" (the connotations of that term irk me) - find a hobby that might turn a profit or at least break even. Remember, just because some blog or instagram past procla...
by surfstar
Wed Sep 16, 2020 11:16 am
Forum: Personal Finance (Not Investing)
Topic: First time Home Buyer and Roth IRA
Replies: 19
Views: 1403

Re: First time Home Buyer and Roth IRA

Without going into the mechanics of your specific Roth IRA question, I am here to offer support for "raiding" some of your retirement accounts. We had to tap into a portion of our Roth contributions and also take a TSP loan to get 20% down and avoid PMI. It is worth it to avoid PMI, especially if yo...
by surfstar
Tue Sep 15, 2020 6:03 pm
Forum: Personal Consumer Issues
Topic: Coping with Wildfire smoke
Replies: 111
Views: 6715

Re: Coping with Wildfire smoke

Carpinteria air quality has been generally quite good. For some reason the town gets a good onshore flow most of the time so it's quite nice! 43 Right now. Santa Barbara is 157. Ventura is 158. Please don't tell anyone about Carp ;-) https://www.ourair.org/todays-air-quality/ only gives Ozone for C...
by surfstar
Mon Sep 14, 2020 11:15 pm
Forum: Personal Consumer Issues
Topic: Strategy for replacing faucet/toilet water shutoff valves?
Replies: 38
Views: 2868

Re: Strategy for replacing faucet/toilet water shutoff valves?

I faced this same dilemma a few years ago. I ended up replacing the toilet shut off valves with the quality Dahl 1/4 turns, when I swapped in new ultra low flow (0.8 gpf Niagara Stealth) toilets. (I believe Kohler has a newer toilet with great reviews I'd go with now, but wasn't out then) These valv...
by surfstar
Mon Sep 14, 2020 5:09 pm
Forum: Personal Consumer Issues
Topic: Light Camping Trailer
Replies: 47
Views: 5952

Re: Light Camping Trailer

We looked around at the options for a roughly 2000 pound trailer and ended up with the Alto (from Safari Condo). All aluminum with unique streamlined design that electrically raises when camping and lowers when you travel or want to stow it in the garage. Only downside is that it is very much in de...
by surfstar
Mon Sep 14, 2020 4:37 pm
Forum: Personal Consumer Issues
Topic: PSA: switch to LED light bulbs and save hundreds per year
Replies: 166
Views: 10882

Re: PSA: switch to LED light bulbs and save hundreds per year

Check your local Dollar Tree for $1 LED bulbs. I was able to replace all the bulbs in our house, including candelabras and floods, from the dollar store. Any time I have gone generic on these they have failed well before their expected life. I've had two Feit LED bulbs from Costco go out within 4 y...
by surfstar
Sun Sep 13, 2020 11:58 pm
Forum: Personal Investments
Topic: I’ve got 50K to invest in an ultra aggressive portfolio—seeking growth to 1 Million
Replies: 76
Views: 7317

Re: I’ve got 50K to invest in an ultra aggressive portfolio—seeking growth to 1 Million

Not talking days, weeks, or months here fellas. Im talking basic investing in common stocks in what you might believe may be the next big winner. Is it airlines? [Political comment removed by Mod Misenplace] Is it BioTech? It's not TESLA, [Implied expletive removed by Mod Misenplace] I get you all,...
by surfstar
Sat Sep 12, 2020 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off sub 4% mortgage interest rate early
Replies: 157
Views: 12234

Re: Paying off sub 4% mortgage interest rate early

No. Why not buy EE bonds instead? 3.5% guaranteed in 20 years, plus potential tax savings of mortgage interest deduction. After 1 year, more liquid than home equity, also. 3% +/- 30 year mortgages should not be paid off early, IMO. Isn’t the current EE bond rate 0.1% for the first 20 years and then...
by surfstar
Fri Sep 11, 2020 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off sub 4% mortgage interest rate early
Replies: 157
Views: 12234

Re: Paying off sub 4% mortgage interest rate early

No.

Why not buy EE bonds instead? 3.5% guaranteed in 20 years, plus potential tax savings of mortgage interest deduction. After 1 year, more liquid than home equity, also.

3% +/- 30 year mortgages should not be paid off early, IMO.
by surfstar
Fri Sep 11, 2020 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Should we buy a $3M+ house with parental help?
Replies: 167
Views: 11517

Re: Should we buy a $3M+ house with parental help?

wander wrote: Fri Sep 11, 2020 2:16 pm If you can afford it, you can buy what you want too. Life is short.
A 30-year mortgage is long, though.
by surfstar
Fri Sep 11, 2020 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Should we buy a $3M+ house with parental help?
Replies: 167
Views: 11517

Re: Should we buy a $3M+ house with parental help?

Ah, the gift of debt. Better get moving, the Hedonic Treadmill doesn't walk by itself. Seems to me the gift is less debt, no? $1.5M mortgage vs. $3.0M No. The 3M house is not a need . If I give you $20, but you must take out a loan for $40 and purchase something you might want but not need - did yo...
by surfstar
Fri Sep 11, 2020 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Should we buy a $3M+ house with parental help?
Replies: 167
Views: 11517

Re: Should we buy a $3M+ house with parental help?

Ah, the gift of debt. Better get moving, the Hedonic Treadmill doesn't walk by itself. Seems to me the gift is less debt, no? $1.5M mortgage vs. $3.0M No. The 3M house is not a need . If I give you $20, but you must take out a loan for $40 and purchase something you might want but not need - did yo...
by surfstar
Thu Sep 10, 2020 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Should we buy a $3M+ house with parental help?
Replies: 167
Views: 11517

Re: Should we buy a $3M+ house with parental help?

Ah, the gift of debt.

Better get moving, the Hedonic Treadmill doesn't walk by itself.
by surfstar
Wed Sep 02, 2020 4:11 pm
Forum: Personal Investments
Topic: Should I take short term gains and face the taxes?
Replies: 94
Views: 4427

Re: Should I take short term gains and face the taxes?

Cash it all out.

Bet it all on black.


Or is that red?
by surfstar
Tue Sep 01, 2020 9:52 am
Forum: Investing - Theory, News & General
Topic: What is your age and asset allocation ?
Replies: 246
Views: 14715

Re: What is your age and asset allocation ?

39/41
79/21 +/-

Plan is to increase bonds/FI a couple % each year to be 60/40 at age 50/52 for early retirement.
by surfstar
Mon Aug 31, 2020 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Sell or Rent
Replies: 25
Views: 1829

Re: Sell or Rent

If it is anything like our market, the rent is in line. $3k/mo for a $700k property is right on the nose.
Another vote to sell.
by surfstar
Mon Aug 31, 2020 10:18 am
Forum: Personal Investments
Topic: [Can I move out of TSP and avoid tax issues?]
Replies: 16
Views: 896

Re: [Can I move out of TSP and avoid tax issues?]

Not worth it.

It's not like you are in a 401k/457b plan with .95 ER as your lowest cost index fund, like my previous employer. I now use something in the .25-.45 range (I can't even remember offhand) at my current employer.

To call TSP costs anything beyond "low" is absurd.
by surfstar
Sun Aug 30, 2020 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: How to get over finance envy
Replies: 377
Views: 50262

Re: How to get over finance envy

'mo money, 'mo problems
by surfstar
Sun Aug 30, 2020 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Life change after laid off?
Replies: 30
Views: 3532

Re: Life change after laid off?

Why work?

OP, you are incredibly lucky. You can decide what you want to do, not what you need to do.

Spend some time to figure out what it truly is, that you want to do.

What if money was no object? What do you desire?
https://www.youtube.com/watch?v=khOaAHK7efc
by surfstar
Sun Aug 30, 2020 11:27 am
Forum: Personal Investments
Topic: Dump Bonds -- buy AAPL & TSLA split?
Replies: 131
Views: 10159

Re: Dump Bonds -- buy AAPL & TSLA split?

snatch defeat from the jaws of victory
by surfstar
Sun Aug 30, 2020 11:23 am
Forum: Personal Finance (Not Investing)
Topic: How much for my parents to spend on a new house?
Replies: 19
Views: 1062

Re: How much for my parents to spend on a new house?

Buy the house that suits their needs. If expenses continue to deplete the portfolio, then can get a reverse mortgage at some point, but that might never be needed.

This is one of those cases of "What is money for" - to pay for their needs.
by surfstar
Sun Aug 30, 2020 10:35 am
Forum: Personal Investments
Topic: time to invest cash reserves?
Replies: 54
Views: 3815

Re: time to invest cash reserves?

Lump sum it all in now so the market will drop for the rest of us, so we can buy at a discount!
Thanks in advance. :beer
by surfstar
Fri Aug 28, 2020 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Am I crazy? Cabin advice
Replies: 61
Views: 6326

Re: Am I crazy? Cabin advice

If you're not currently crazy, a remote cabin can help you down that route.
by surfstar
Fri Aug 28, 2020 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Separating Auto/Homeowners Insurance to Save Cost
Replies: 5
Views: 372

Re: Separating Auto/Homeowners Insurance to Save Cost

We've never been able to beat Geico for auto. Even tried "gabi" and it came back with "we couldn't find anything cheaper." Also, use them [Geico] as a portal for the HO insurance. Make sure you've signed up for all the potential Geico discounts/associations. Adds up. There are other similar sites/ap...
by surfstar
Fri Aug 28, 2020 11:49 am
Forum: Investing - Theory, News & General
Topic: Can we talk about the future of oil?
Replies: 72
Views: 4768

Re: Can we talk about the future of oil?

Oil will go the way of the dinosaurs. Not sure when, though. Humans will likely have the same fate as well.

So drink up while you can! :sharebeer
by surfstar
Fri Aug 28, 2020 11:42 am
Forum: Personal Investments
Topic: What to do with unused emergency fund?
Replies: 39
Views: 3356

Re: What to do with unused emergency fund?

dgilly wrote: Fri Aug 28, 2020 10:29 am What should I do with the unused money in my emergency fund?
To 'earn' money with it? Bank bonuses. It takes some effort (diligent tracking to meet the requirements and closing of accounts afterwards, etc), but you can get a high ROI for your dollar.
by surfstar
Fri Aug 28, 2020 9:40 am
Forum: Investing - Theory, News & General
Topic: A Beater Truck and a FAT 401k...
Replies: 104
Views: 10165

Re: A Beater Truck and a FAT 401k...

I have to get to work, to make the money, to contribute to the 401K. While I have an older vehicle, it is not a beater. Everyone saves in different areas. Also, working shift work, there is a person waiting to go home after 12 hours, and having a POS car is no excuse for not making it in. To me, a ...
by surfstar
Thu Aug 27, 2020 4:00 pm
Forum: Investing - Theory, News & General
Topic: Annuity+Interest only mortgage in Retirement
Replies: 20
Views: 995

Re: Annuity+Interest only mortgage in Retirement

I don't understand interest only mortgages - essentially you are just a renter. So why not just rent? Sure you can hope and pray that the house value increases in the 30 years but that is certainly not guaranteed. Rents go up. Landlords/Management changes, sometimes you get kicked out, etc. While o...
by surfstar
Thu Aug 27, 2020 3:58 pm
Forum: Investing - Theory, News & General
Topic: Annuity+Interest only mortgage in Retirement
Replies: 20
Views: 995

Re: Annuity+Interest only mortgage in Retirement

I second that you should compare this vs a reverse mortgage.
by surfstar
Thu Aug 27, 2020 3:52 pm
Forum: Personal Consumer Issues
Topic: Planning Retirement Lifestyle
Replies: 18
Views: 2102

Re: Planning Retirement Lifestyle

I want to retire to something and not just aimlessly drift. In the next four years I would like to be able to better define what I will do and where I will focus. I really enjoy the mountains and outdoor opportunities that the Pacific Northwest has to offer. THIS. There is a lifetime of full-time o...
by surfstar
Thu Aug 27, 2020 12:08 pm
Forum: Personal Investments
Topic: Investment order priority
Replies: 22
Views: 1126

Re: Investment order priority

3.Only debt is mortgage @ 5.125% Slightly off topic, but have you looked into refinancing the mortgage? From the OP - "...but there's a good chance I'm moving soon and getting married (which is why I haven't tried to do a refi)" Value of a refi would depend on the definition of "soon". As can be se...
by surfstar
Tue Aug 25, 2020 6:36 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a new car?
Replies: 79
Views: 5281

Re: Can I afford a new car?

Also the Rav4 Prime might be cheaper [vs the hybrid] after the federal tax credit. The Prius Prime will get you $4500 and the Rav4 Prime $7500 back from the Feds. Plus whatever state, local, utility, rebates are also available. I would be curious what dealerships are asking for over sticker on the ...
by surfstar
Tue Aug 25, 2020 5:31 pm
Forum: Investing - Theory, News & General
Topic: A Beater Truck and a FAT 401k...
Replies: 104
Views: 10165

Re: A Beater Truck and a FAT 401k...

Its the Bogleheads "I'm more frugal than you" -off!

This time it was a trick question - Trucks get too low of gas mileage and can have higher registration and insurance rates. Whomever didn't say "20 year old Corolla" lost - good luck next time.
by surfstar
Sat Aug 22, 2020 12:52 pm
Forum: Personal Consumer Issues
Topic: Is it worth to relocate for retirement?
Replies: 140
Views: 13136

Re: Is it worth to relocate for retirement?

This is not a life style question, it is purely a financial question. Thank you! That seems to be the wrong priority. Figure out where you want to live (i.e. where you'll be happy-er -est) then figure out if you can afford it. If yes, done. If no, look into downsizing, reducing expenses, working lo...
by surfstar
Sat Aug 22, 2020 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford a new car?
Replies: 79
Views: 5281

Re: Can I afford a new car?

I love this site. Almost 200k income all in, and there is a question about affording a 40k car. Yes you obviously can, just stop the home projects and put the side hustle money towards the car, its paid for in less than an year. Now would I pay 40k for anything with a toyota badge on it...probably ...
by surfstar
Thu Aug 20, 2020 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a new car?
Replies: 79
Views: 5281

Re: Can I afford a new car?

Yes, you can afford it. The Prius Pirme LE will be much cheaper to purchase and get much better MPG, if you're open to a smaller vehicle and want the best "bang for your buck". Also the Rav4 Prime might be cheaper [vs the hybrid] after the federal tax credit. The Prius Prime will get you $4500 and t...
by surfstar
Thu Aug 20, 2020 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: how often do you check your net worth?
Replies: 153
Views: 9487

Re: how often do you check your net worth?

Never done a full NW calculation. We keep closer track of retirement accounts, but don't run a total of EF/cash, mortgage, student loans, and all that stuff + retirement. Will likely change once DW's student loan is gone. So "how often do you check your net worth" - zero so far. In a couple years, m...