Search found 1603 matches

by surfstar
Thu Jun 13, 2019 4:59 pm
Forum: Personal Consumer Issues
Topic: Retired at 35 and have no friends :(
Replies: 113
Views: 10625

Re: Retired at 35 and have no friends :(

backpacking/hiking surfing climbing diving snowboarding travel in general, beyond the above visiting farther away friends Those are all of the things that we do when we have time and generally don't cost much. We will pursue those hobbies full time in retirement, instead of part-time as they are now...
by surfstar
Thu Jun 13, 2019 2:14 pm
Forum: Personal Investments
Topic: Purchasing home with less than 20% downpayment experiences?
Replies: 52
Views: 3279

Re: Purchasing home with less than 20% downpayment experiences?

We would only purchase what we could more easily afford with 20% down and no PMI. Despite being "qualified' for more. You don't get PMI back, doesn't go to equity, etc - its a fee/insurance and should be avoided, IMO. If you qualify for an option that allows less than 20% down and no PMI, that's som...
by surfstar
Thu Jun 13, 2019 1:18 pm
Forum: Personal Consumer Issues
Topic: Retired at 35 and have no friends :(
Replies: 113
Views: 10625

Re: Retired at 35 and have no friends :(

Pick a nice day, go down to the beach, mid-day, mid-week and I'm always surprised at the number and age of people there. I'd love to take a poll and ask "What do you do that allows you to be here right now?" This is especially true when the "surf is up" - amazing to always find a crowd. Usually lots...
by surfstar
Tue Jun 11, 2019 11:24 pm
Forum: Personal Consumer Issues
Topic: 15K CAR with comfortable seats and quiet
Replies: 51
Views: 3873

Re: 15K CAR with comfortable seats and quiet

Something luxury or luxury-like with a super high depreciation rate. Hyundai Genesis was already brought up, and that or similar might be the way to go... As the new VW Jetta didn't have lumbar adjustment (crazy!) maybe a base model Golf? I find them to be quiet for the class, but certainly not up t...
by surfstar
Tue Jun 11, 2019 11:08 pm
Forum: Personal Investments
Topic: Starbucks; buy, sell, hold?
Replies: 41
Views: 3087

Re: Starbucks; buy, sell, hold?

If you like Starbucks, buy their coffee (I don't - not just them, but any; make my own for pennies a cup). I wouldn't continue to hold the stock, though.
Fake meat - that's the future!
by surfstar
Tue Jun 11, 2019 2:00 pm
Forum: Personal Consumer Issues
Topic: 15K CAR with comfortable seats and quiet
Replies: 51
Views: 3873

Re: 15K CAR with comfortable seats and quiet

Brand new VW Jetta. They can be found for $15k. 6yr/72k warranty standard.
by surfstar
Tue Jun 11, 2019 12:08 pm
Forum: Investing - Theory, News & General
Topic: Pay Growth vs Stock Market Returns
Replies: 26
Views: 1648

Re: Pay Growth vs Stock Market Returns

The income growth is a red herring. You're looking at it all wrong. What grows more, a CD or the stock market? You want growth over a long time, invest in equities. Your income "growth" is irrelevant. No matter how much you make, you want to save and invest. Why not put your savings into the highes...
by surfstar
Tue Jun 11, 2019 9:33 am
Forum: Investing - Theory, News & General
Topic: Pay Growth vs Stock Market Returns
Replies: 26
Views: 1648

Re: Pay Growth vs Stock Market Returns

The income growth is a red herring. You're looking at it all wrong. What grows more, a CD or the stock market? You want growth over a long time, invest in equities. Your income "growth" is irrelevant. No matter how much you make, you want to save and invest. Why not put your savings into the highest...
by surfstar
Mon Jun 10, 2019 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Car insurance recommendations
Replies: 13
Views: 1213

Re: Car insurance recommendations

TexasPE wrote:
Wed Jun 05, 2019 8:17 pm
an independent broker that could shop around across many policies
+1. Why spend the time to call insurance companies when a broker can do the legwork for you?
b/c someone has to pay the broker?
by surfstar
Mon Jun 10, 2019 7:01 pm
Forum: Personal Consumer Issues
Topic: Preventing Identity Theft
Replies: 46
Views: 3507

Re: Preventing Identity Theft

Setup a pin for your cell phone to help prevent sim spoofing, or get a google voice account to use for your 2fa. Interesting idea on the google voice for 2fa. Is a google voice number more secure than a sim card number? Google Authenticator (or similar) is more secure than a text message for 2fa.
by surfstar
Fri Jun 07, 2019 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Job Options
Replies: 23
Views: 2418

Re: Job Options

Don’t undervalue that every other Friday off perk. My Mega does this as well as provide killer benefits, but the every other Friday off is my absolute favorite. +2 We personally value this at ~$20k annually (if we had to give it up - we'd want that much of a pay increase, each) Wife is a Fed, I'm a...
by surfstar
Fri Jun 07, 2019 3:40 pm
Forum: Personal Consumer Issues
Topic: Alternative to USPS
Replies: 22
Views: 1716

Re: Alternative to USPS

My wife wanted to send our tax returns via certified mail, well in advance of the deadline. I didn't. Luckily we file separately. I put 1-2 stamps on it (dang MFS requires you to print and mail, no electronic) and dropped it in the box. She had to go to the Post Office and wait and pay $3.xx for her...
by surfstar
Wed Jun 05, 2019 6:18 pm
Forum: Personal Finance (Not Investing)
Topic: Car insurance recommendations
Replies: 13
Views: 1213

Re: Car insurance recommendations

Geico
Liberty Mutual

Shop around.
by surfstar
Wed Jun 05, 2019 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Failed land investments and what to do with it?
Replies: 139
Views: 8958

Re: Low ball offer to buy my useless land, take it or leave it?

Hold out for a solar project to be developed on / nearby and maybe you'll get a bit more $$
by surfstar
Wed Jun 05, 2019 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Purepoint Financial
Replies: 8
Views: 668

Re: Purepoint Financial

All America Bank / Redneck Bank has 2.5% Mega Money Market account for up to $50k
Unless you're putting in more than the limit, I see no need for a CD
by surfstar
Wed Jun 05, 2019 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Is it Wise to Remove Escrow if Bank Allows it?
Replies: 87
Views: 5419

Re: Is it Wise to Remove Escrow if Bank Allows it?

I just ran the numbers on what amount of interest we're "missing" out on by using an escrow account - @ 2.5% APY, it was about $52/year. That didn't account for the fact that the escrow account earns more than 0% interest as well. So, likely less than $40/year. Not worth the hassle of changing anyth...
by surfstar
Wed Jun 05, 2019 10:21 am
Forum: Personal Finance (Not Investing)
Topic: New(est) game plan for funding lifestyle in retirement
Replies: 1
Views: 373

Re: New(est) game plan for funding lifestyle in retirement

I don't see the benefit to all this overly complicated mental accounting. Income vs expenses - that's all that matters. What are your projected expenses in retirement, what level of that is above your $57k guaranteed income? That is the amount to draw from "savings". 4% or less and you're set for 30...
by surfstar
Tue Jun 04, 2019 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security deductions after maxing out Social Security benefit?
Replies: 23
Views: 2262

Re: Social Security deductions after maxing out Social Security benefit?

Apparently you like your job / working in general - congrats. Figure that the "extra" SS tax is there to offset all those who wish to never work that long for various reasons (can't, don't want to, etc)

:sharebeer
by surfstar
Tue Jun 04, 2019 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Should All Grandkids Be Treated as Equal Members of Same Class?
Replies: 104
Views: 7998

Re: Should All Grandkids Be Treated as Equal Members of Same Class?

As a great poet once sang

"Mo' Money Mo' Problems"

Luckily my family has never had to deal with this issue.
by surfstar
Tue Jun 04, 2019 10:50 am
Forum: Personal Consumer Issues
Topic: Thinking of leasing bmw 3 series
Replies: 56
Views: 4168

Re: Thinking of leasing bmw 3 series

I think the issue is the car (BMW), not the lease.

If cost/value seem to matter, why are you wanting a 3 series? Expand your horizon - plenty of quality cars out there now, if you're not beholden to a nameplate.
by surfstar
Thu May 30, 2019 12:39 pm
Forum: Personal Investments
Topic: The Best High Yield Savings Account
Replies: 25
Views: 2183

Re: The Best High Yield Savings Account

^+1 (I don't have that much in there though)
All America / Redneck Bank - Mega Money Market Account
2.5%, up to $50k
by surfstar
Wed May 29, 2019 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford to pay for our kid's college (at all)?
Replies: 234
Views: 14564

Re: Can we afford to pay for our kid's college (at all)?

Cut expenses. Problem solved.

Without seeing the actual budget, we're pretty sure that there is a large area of discretionary spending that could be tackled.
by surfstar
Tue May 28, 2019 11:43 pm
Forum: Personal Finance (Not Investing)
Topic: Extra Payments on Monthly Mortgage Considerations
Replies: 37
Views: 3555

Re: Extra Payments on Monthly Mortgage Considerations

IMO, it doesn't make [fiscal] sense unless you're already maxing out all tax advantaged accounts: 401k/457/etc, Roth, HSA, 529, etc... then you can think about paying down a mortgage vs taxable investing. Otherwise, I see the increased [tax advantaged] savings winning out each time.
by surfstar
Tue May 28, 2019 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: For Sale by Owner or RE Agent???
Replies: 38
Views: 2229

Re: For Sale by Owner or RE Agent???

...or try Redfin, if available in your area? I do agree that the entire RE process seems like a big scam with very little value added for the buyer or seller. Any informed consumer could do their due diligence, hire inspectors, review City/County records (which we did and our RE agent sure would nev...
by surfstar
Tue May 28, 2019 11:36 am
Forum: Personal Investments
Topic: CD - EF Strategy
Replies: 13
Views: 726

Re: CD - EF Strategy

All America Bank / Redneck - Mega Money Market account - 2.5%, up to $50k

pretty good spot to park an EF + no hassles.
by surfstar
Sun May 26, 2019 11:58 pm
Forum: Personal Consumer Issues
Topic: Where to buy products at TRUE wholesale prices?
Replies: 51
Views: 3890

Re: Where to buy products at TRUE wholesale prices?

Volunteer work would "pay" much better for the retiree and society, in my opinion.
by surfstar
Sun May 26, 2019 10:33 am
Forum: Personal Consumer Issues
Topic: Where to buy products at TRUE wholesale prices?
Replies: 51
Views: 3890

Re: Where to buy products at TRUE wholesale prices?

This seems like the worst hobby. Yes hobbies can cost money, but usually they're FUN.

A bored, retired person with extra money that wants to get into online sales (with apparently no prior experience) - why?

Image
by surfstar
Sat May 25, 2019 12:14 am
Forum: Personal Finance (Not Investing)
Topic: If your net worth is over $3 million, how did you do it?
Replies: 404
Views: 101399

Re: If your net worth is over $3 million, how did you do it?

We won't ever do it [NW >3m]. We could, but that would mean we worked longer than needed (until like 67 or something crazy like that).
by surfstar
Sat May 25, 2019 12:12 am
Forum: Personal Finance (Not Investing)
Topic: 4M 70K expenses would you stop?
Replies: 105
Views: 10737

Re: 4M 70K expenses would you stop?

tim1999 wrote:
Fri May 24, 2019 10:12 pm
I would have retired years ago.
This x50 ;)

and to answer the poster who asked how did they accumulate 4m with 70k expenses...
They worked too long
by surfstar
Fri May 24, 2019 1:07 pm
Forum: Personal Investments
Topic: Which way for savings account interest, and what to do?
Replies: 8
Views: 672

Re: Which way for savings account interest, and what to do?

Why do you think that? Redneck Bank's money market has been paying 2.5% for a while now and if you want to jump through the direct deposit, debit card use hoops, their checking account pays 3%. I use Ally for backup when my Redneck account gets to $50k (max for 2.5%). It's fine, but not the best in...
by surfstar
Wed May 22, 2019 2:16 pm
Forum: Personal Investments
Topic: Federal Gov't Early Retirement?
Replies: 52
Views: 4379

Re: Federal Gov't Early Retirement?

Hope for a RIF

or save enough that it won't matter. Unfortunately its hard to get out earlier than 57 for Feds.
by surfstar
Wed May 22, 2019 2:11 pm
Forum: Personal Consumer Issues
Topic: Best small AWD to 'drive into the ground'
Replies: 87
Views: 6096

Re: Best small AWD to 'drive into the ground'

another car option: VW Golf Sportwagen AWD or Alltrack The Alltrack has 0.9" more ground clearance, if that's needed. 6yr/72k mile warranty - hopefully that gives enough time that anything that might break, will break, and get fixed. I drive a 2016 Golf Sportwagen - very practical, holds all our gea...
by surfstar
Fri May 17, 2019 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: Now or One More Year?
Replies: 40
Views: 4756

Re: Now or One More Year?

Congrats!
:sharebeer

We dream of the day we can pull the plug. Don't look back and enjoy the future!
by surfstar
Thu May 16, 2019 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage in Retirement
Replies: 73
Views: 5601

Re: Mortgage in Retirement

If not worried about passing on the house to heirs and money is needed later on... reverse mortgage! A nice backup to have.
by surfstar
Thu May 16, 2019 2:34 pm
Forum: Personal Consumer Issues
Topic: Honda CRV or Toyota RAV4 ?
Replies: 82
Views: 6859

Re: Honda CRV or Toyota RAV4 ?

We're also in the market for a similar car for our daughter who's in high school. We're ruled out the CRV because of the oil dilution thing. The RAV 4 is not on the radar, we might have to check it out. My thought is the VW golf/gti/tiguan might fit the bill because of the 6yr 72K mi warranty. She'...
by surfstar
Thu May 16, 2019 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Now or One More Year?
Replies: 40
Views: 4756

Re: Now or One More Year?

You have no NEED to work OMY. Do you DESIRE to?

Or are there better things to occupy your time than commuting and working?
The great thing about being financially independent, is the freedom to choose what to do. Choose what makes you happier and enjoy! :beer
by surfstar
Wed May 15, 2019 12:45 pm
Forum: Personal Investments
Topic: If you are already wealthy, what keeps you motivated?
Replies: 97
Views: 10176

Re: If you are already wealthy, what keeps you motivated?

We're not wealthy, and are only motivated to work just enough to become financially independent, then retire. If we were wealthy, (lotto hits today, type windfall) we'd stop working and spend all our time doing the things we love to do on our weekends and vacations - just full time. That's the goal....
by surfstar
Mon May 13, 2019 10:11 am
Forum: Personal Investments
Topic: Does your retirement plan work if stocks are flat or in decline for decades?
Replies: 180
Views: 10456

Re: Does your retirement plan work if stocks are flat or in decline for decades?

ONE MORE YEAR
ONE MORE YEAR

{everyone now}

ONE MORE YEAR!!!


If you never quite working, you never have to worry about retirement.
Problem solved.
by surfstar
Wed May 08, 2019 6:56 pm
Forum: Personal Consumer Issues
Topic: life insurance
Replies: 15
Views: 1012

Re: life insurance

Perhaps something cheaper and more direct...
https://www.neptunesociety.com/3-options
by surfstar
Wed May 08, 2019 10:58 am
Forum: Personal Consumer Issues
Topic: New smartphone recommendations
Replies: 20
Views: 1811

Re: New smartphone recommendations

I can't believe all the marketing has worked on bogleheads... Multiple user are saying "only" and "$400" in the same sentence for a new smartphone. The last few years of $600-1200 "flagship" smartphones has worked. Subconsciously you are now conditioned to assume $400 is a low-moderate price for a n...
by surfstar
Tue May 07, 2019 11:07 pm
Forum: Personal Consumer Issues
Topic: New smartphone recommendations
Replies: 20
Views: 1811

Re: New smartphone recommendations

G6 is plenty of phone for 95% of users
$140 at amazon with their ads/offer
$150 at Costco
a bit more if you want 64gb version

I'm still using my G5 plus, who knows what number they'll be on when I need to upgrade.
by surfstar
Tue May 07, 2019 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: Walk away from my auto lease?
Replies: 154
Views: 7663

Re: Walk away from my auto lease?

5k is an extremely short clutch life, and clutches are "wear" items not covered by warranty. So you should be on the hook for the clutch (unless it is a common issue with this make/model) and they should cover the "exploded" trans. With 20+ years of stick experience, how'd you do it? Live in SF? Dra...
by surfstar
Tue May 07, 2019 9:19 pm
Forum: Personal Investments
Topic: I will inherit 2Mil What to do with it?
Replies: 54
Views: 8247

Re: I will inherit 2Mil What to do with it?

Age 70?
2 mil?
Want? You CAN, retire.*

50/50 allocation
combination of wellington and wellesley could work - some people do 1/2 of each, call it a 50/50 portfolio and be done

*of course, your annual spending should be not more than 5% of the portfolio
by surfstar
Tue May 07, 2019 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Walk away from my auto lease?
Replies: 154
Views: 7663

Re: Walk away from my auto lease?

Wow. Broken transmission + 5,000 miles = mechanical defect to me. With a modern vehicle, you'd have to TRY really hard to break one that quickly. Keep escalating it. Regional director/whatever for the manufacturer, other people up the food chain for the leasing/finance, etc. Oh, and they should be p...
by surfstar
Sun May 05, 2019 9:34 pm
Forum: Personal Investments
Topic: Where to put extra savings to be accessible?
Replies: 14
Views: 2001

Re: Where to put extra savings to be accessible?

lilysme wrote:
Tue Apr 30, 2019 6:00 pm
I have a cnote account that earns 2.75% on my 15K. Check out mycnote.com
All America Bank offers a Mega Money Market account @ 2.5% APY, up to 50k

Why add risk?
by surfstar
Sat May 04, 2019 10:04 am
Forum: Personal Consumer Issues
Topic: Rarely used items that are worth having?
Replies: 112
Views: 11278

Re: Rarely used items that are worth having?

#6 Black Diamond Camalot - don't usually bring it on trips, unless I think I'm going to need it and when you need it - it can literally be a life saver... (its a piece of climbing protection FYI) I feel the same way about a # 4. If I need a # 6, I'm clearly in the wrong place. :) I did a canyon onc...
by surfstar
Fri May 03, 2019 7:46 pm
Forum: Personal Consumer Issues
Topic: Rarely used items that are worth having?
Replies: 112
Views: 11278

Re: Rarely used items that are worth having?

#6 Black Diamond Camalot - don't usually bring it on trips, unless I think I'm going to need it and when you need it - it can literally be a life saver...

(not my pic)
Image


(its a piece of climbing protection FYI)
by surfstar
Fri May 03, 2019 6:59 pm
Forum: Investing - Theory, News & General
Topic: Short BYND? (beyond meat, IPO today)
Replies: 76
Views: 5083

Re: Short BYND? (beyond meat, IPO today)

As a vegetarian, I can share my perspective. Veggie burgers can be delicious, but I like them because they are different than meat burgers. A good veggie burger is its own thing, not an imitation of a meat burger. Beyond Meat patties are too similar to actual meat to entice me. As mentioned above, ...
by surfstar
Fri May 03, 2019 6:53 pm
Forum: Investing - Theory, News & General
Topic: Short BYND? (beyond meat, IPO today)
Replies: 76
Views: 5083

Re: Short BYND? (beyond meat, IPO today)

I buy Non-GMO soy beans from Iowa farm. make soy milk and tofu, fry tofu, dipping with Kikoman soy source and make a delicious meal. No chemicals added to make it taste like burg. "Non-GMO" and farming is falsehood. We've been genetically modifying crops for thousands of years - I wouldn't worry ab...
by surfstar
Fri May 03, 2019 6:43 pm
Forum: Personal Consumer Issues
Topic: Car lost acceleration
Replies: 111
Views: 6051

Re: Car lost acceleration

I am more cautious since I have had job losses for insane reasons, one job fired me for taking paternity leavue for my first son, boss approved it verbally and left the company one month before DS was born, new boss showed up and fired me the day I returned from 2 weeks paternity saying he didn't a...