Search found 1667 matches

by bhsince87
Mon Aug 13, 2018 6:43 pm
Forum: Personal Consumer Issues
Topic: Timing of car purchase during a model year
Replies: 16
Views: 1158

Re: Timing of car purchase during a model year

I usually wait until the end of the year (Nov-Dec), and buy a new model from the previous year off-the-lot.

But I try to keep cars 10-12 years, so the extra depreciation is nothing to me.
by bhsince87
Fri Aug 10, 2018 12:22 pm
Forum: Personal Consumer Issues
Topic: Should I Buy a Tablet?
Replies: 16
Views: 1220

Re: Should I Buy a Tablet?

I also suggest you look into a chrome book. I'm on my second, a Samsung, which I truly love. It's got a stylus so I can flip it and write on it. Also works great in "tablet" touch screen mode. I had a couple tablets, but was never entirely satisfied. I could never get used to the on-screen keyboard....
by bhsince87
Thu Aug 09, 2018 2:42 pm
Forum: Personal Consumer Issues
Topic: radon mitigation exposure concern, are we at risk?
Replies: 59
Views: 3714

Re: radon mitigation exposure concern, are we at risk?

Here are some data points for variability, using my Airthings Wave. We live on a hill side, and the lower end of our basement is a 2 car garage. At the garage door side, readings have varied from about 1 to 3. At the far end of the garage, readings have range from 1 to 4.5. It hit 4.5 twice. Interes...
by bhsince87
Thu Aug 09, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Biggest Threats to Financial Well-Being
Replies: 99
Views: 8756

Re: Biggest Threats to Financial Well-Being

Divorce can be a good thing financially. Mine certainly was. My ex was a spendaholic. The divorce cost me $150, and I made that back in the first rwo weeks! And seriosuly, as someone above mentioned, addictions to anything. alcohol, drugs, ciggarettes, gambling, sex, spending, etc. Most everyone I k...
by bhsince87
Wed Aug 08, 2018 6:26 pm
Forum: Personal Consumer Issues
Topic: When is leaving your job that pays well a good idea?
Replies: 73
Views: 6339

Re: When is leaving your job that pays well a good idea?

I'm 53. I was in a similar situation around age 32, as an engineer, making big bucks for the time. A management position opened up, and I jumped into that. That kept me interested for 3-4 years, then I decided to relocate and moved back into a technical position at the same company, but 400 miles aw...
by bhsince87
Wed Aug 08, 2018 5:46 pm
Forum: Personal Consumer Issues
Topic: whole house generator different questions
Replies: 21
Views: 1533

Re: whole house generator different questions

If you're running your air conditioner in the middle of a blizzard, I'd suggest just moving to Antarctica! :happy

But seriously, I've heard of no issues with the automatic load shedders. If you've got an electric hot water heater, that's another prime candidate for load shedding.
by bhsince87
Wed Aug 08, 2018 3:55 pm
Forum: Investing - Theory, News & General
Topic: Would buy and hold work if Japan's lost decade happens?
Replies: 64
Views: 7290

Re: Would buy and hold work if Japan's lost decade happens?

For example, from June 1988 to June 2018 (30 years), the inflation adjusted annual (real) return (in yen, so no currency changes affecting it) was 0.045% per year. So basically no growth. If you had been taking out 4% a year for a 30 year retirement, you would be out of money. There was a link in a...
by bhsince87
Wed Aug 08, 2018 2:48 pm
Forum: Personal Consumer Issues
Topic: Learning to Draw-Online course?
Replies: 8
Views: 582

Re: Learning to Draw-Online course?

I bought a course from Udemey (I think that's hell it's spelled) a few months ago. it was a half price special, $5 or $6. I was immediately disappointed that the instructor spoke Spanish! But it was subtitled in English. I gave it a go. I advanced mush further faster than I ever did from a book. Onc...
by bhsince87
Wed Aug 08, 2018 2:40 pm
Forum: Personal Consumer Issues
Topic: radon mitigation exposure concern, are we at risk?
Replies: 59
Views: 3714

Re: radon mitigation exposure concern, are we at risk?

I also have the Airthings Wave. I love it! It's nice to be able to move it around to different parts of the house. I've always been concerned about radon gas coming up through our well water when we take a shower. I've read some studies that claimed that can be the biggest source in some areas. But ...
by bhsince87
Wed Aug 08, 2018 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Do We need health insurance??
Replies: 137
Views: 9109

Re: Do We need health insurance??

Catastrophic policies are unavailable for those of us over 30 because Congress decided to make it that way. It isn't an underwriting issue. They used to be available. Plenty of people decide not to buy health insurance, that has always been the case and always will be. We don't all see risk the sam...
by bhsince87
Tue Aug 07, 2018 3:00 pm
Forum: Personal Consumer Issues
Topic: Relaxing - quieting the mind
Replies: 47
Views: 2847

Re: Relaxing - quieting the mind

Do a search on "7-11' breathing. It's a 3-5 minute exercise you can do when you're feeling stressed through out the day.

I eventually morphed it into 8-12 breathing. I'm musically minded, and working in counts of four seems more natural to me.
by bhsince87
Tue Aug 07, 2018 11:07 am
Forum: Investing - Theory, News & General
Topic: Would buy and hold work if Japan's lost decade happens?
Replies: 64
Views: 7290

Re: Would buy and hold work if Japan's lost decade happens?

Speaking of bonds, has anyone ever seen an analysis of the outcome if an investor had been in a 60/40 (or similar) Japanese stock/bond portfolio?
by bhsince87
Mon Aug 06, 2018 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: Do We need health insurance??
Replies: 137
Views: 9109

Re: Do We need health insurance??

Catastrophic policies are unavailable for those of us over 30 because Congress decided to make it that way. It isn't an underwriting issue. They used to be available. Plenty of people decide not to buy health insurance, that has always been the case and always will be. We don't all see risk the sam...
by bhsince87
Mon Aug 06, 2018 5:51 pm
Forum: Personal Finance (Not Investing)
Topic: "Skin in the game"
Replies: 105
Views: 6818

Re: "Skin in the game"

My father was the first person in our family going back 10 generations to graduate from college. He paid for it himself. From the day were were born, he promised all of us 4 kids to pay for our college education. And I know he and my mother (stay at home mom) made massive sacrifices for that. There ...
by bhsince87
Sun Aug 05, 2018 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Current Income on Decision to Retire Early
Replies: 76
Views: 5992

Re: Effect of Current Income on Decision to Retire Early

So my question to the community is: at what percentage of current income (or savings) relative to overall retirement assets, does continued working become not worth the effort? This is assuming that one neither hates nor loves one's job; all other non-financial factors are neutral. For example, ass...
by bhsince87
Sun Aug 05, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Another CD Ladder Thread
Replies: 27
Views: 2423

Re: Another CD Ladder Thread

The picture is incomplete without knowing what penalties you'd pay for cashing out the 5 years early. These look like brokered CD rates. Those CDs cannot be cashed out early. They can only be sold on the open market. So, if interest rates go up, these CDs will take a loss if you try to sell them, j...
by bhsince87
Sun Aug 05, 2018 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Current Income on Decision to Retire Early
Replies: 76
Views: 5992

Re: Effect of Current Income on Decision to Retire Early

So my question to the community is: at what percentage of current income (or savings) relative to overall retirement assets, does continued working become not worth the effort? This is assuming that one neither hates nor loves one's job; all other non-financial factors are neutral. For example, ass...
by bhsince87
Sun Aug 05, 2018 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Another CD Ladder Thread
Replies: 27
Views: 2423

Re: Another CD Ladder Thread

The picture is incomplete without knowing what penalties you'd pay for cashing out the 5 years early.
by bhsince87
Sun Aug 05, 2018 3:51 pm
Forum: Investing - Help with Personal Investments
Topic: Front load 401k?
Replies: 23
Views: 1902

Re: Front load 401k?

I've been doing it for the past few years. We are at FI and I don't necessarily need to work any more.

If I want to hit the eject button for whatever reason, I want to have the 401k already maxed out for that year.
by bhsince87
Sun Aug 05, 2018 3:47 pm
Forum: Personal Consumer Issues
Topic: Should I roast my own coffee?
Replies: 43
Views: 2593

Re: Should I roast my own coffee?

I've roasted hundreds of batches in one of these. Over a side burner on the BBQ in the summer, and inside the wood-stove in the winter.

It takes some practice, but is a cheap way to experiment.



https://www.coleman.com/popcorn-popper/2000016439.html
by bhsince87
Fri Aug 03, 2018 8:19 pm
Forum: Personal Consumer Issues
Topic: Which diet soda pop do you enjoy?
Replies: 110
Views: 4365

Re: Which diet soda pop do you enjoy?

I lost 20 pounds switching to diet soda! Favorites: Diet Dr. Pepper. All time favorite. Just wish they had a caffeine free version. Caffeine free Diet Coke. Any caffeine after 3:00 PM, and I can't sleep. Sprite Zero Caffeine free diet Cheerwine Local store brand of diet dark cherry. Can mix with die...
by bhsince87
Fri Aug 03, 2018 8:06 pm
Forum: Personal Consumer Issues
Topic: Should I roast my own coffee?
Replies: 43
Views: 2593

Re: Should I roast my own coffee?

I did it for 2-3 years. Went through 3 roasters, 4-5 grinders.

It was fun, and educational. But really messy and smelly.

I went back to buying commercially roasted stuff and have done so for the last 8 years or so.
by bhsince87
Fri Aug 03, 2018 8:00 pm
Forum: Investing - Theory, News & General
Topic: 3 Levels of Wealth
Replies: 125
Views: 11294

Re: 3 Levels of Wealth

I think there's a lot of hidden (possibly unintentional) wisdom in those definitions. I don't care about the cost of a meal in a restaurant. We only eat out 15-20 times a year. And 75% percent of that is when we are on vacation. Similarly, I don't worry about the cost of the hotel we stay in. We onl...
by bhsince87
Fri Aug 03, 2018 1:34 pm
Forum: Investing - Theory, News & General
Topic: 3 Levels of Wealth
Replies: 125
Views: 11294

Re: 3 Levels of Wealth

OP, Another point of view. I am always wealthy. 1) I have never in debt. A) I pay off my credit card every month. B) I had a car loan but I can pay it off any time. C) I have a mortgage but I can pay it off any time too. 2) I save 1 year of expense every year for my whole life. But, I have enough m...
by bhsince87
Thu Aug 02, 2018 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Lease/ buy a second car for cost savings?
Replies: 18
Views: 674

Re: Lease/ buy a second car for cost savings?

I don't see how it's possible to save money by buying another car. Maybe if you sell the van, but that's a stretch too, IMO. I see bus fares of $35-70 one way. That combined with a rental/uber/zipcar in Toronto might not be cheaper, but it could be a reasonably close alternative cost wise. And it co...
by bhsince87
Thu Aug 02, 2018 11:40 am
Forum: Personal Finance (Not Investing)
Topic: Realities of Early Retirement Model (FIRE)?
Replies: 96
Views: 9354

Re: Realities of Early Retirement Model (FIRE)?

You really think this is a new idea versus a rebranding of something that people have done forever? The only new part is talking about it on the net:) I remember a ski instructor from 20 years ago Well, yeah, I do think it's a new (and challenging) idea for the vast majority of the population. The ...
by bhsince87
Wed Aug 01, 2018 5:46 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Current Income on Decision to Retire Early
Replies: 76
Views: 5992

Re: Effect of Current Income on Decision to Retire Early

I wonder if the OP can go to half-time and make instead of $200,000 about $100,000, but not save so much money (be sure to still max out retirement plan contributions, maybe pay expenses from taxable). That way they can try out early retirement. This is exactly what I'm trying to do. But I haven't ...
by bhsince87
Wed Aug 01, 2018 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Net worth of $3.7M at age 47 - can I retire?
Replies: 126
Views: 14040

Re: Net worth of $3.7M at age 47 - can I retire?

My main reason for suggesting paying off the mortgage is cash flow. Your income needs drop from $150k plus taxes, down to about $116k plus taxes. And at that level, you could possibly drop into the 12% tax bracket, which would drop your long term capital gains rate to 0%. lets say $100k comes from ...
by bhsince87
Wed Aug 01, 2018 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Effect of Current Income on Decision to Retire Early
Replies: 76
Views: 5992

Re: Effect of Current Income on Decision to Retire Early

I'been pondering this for the past 7-8 years. I finally settled on a spreadsheet approach ,where I calculate what our annual income would be at 1-2-3-X years into the future. I also break it out into 3, 3.5, and 4% withdrawal rates. As others have mentioned, OMY has some what of a double compounding...
by bhsince87
Wed Aug 01, 2018 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Net worth of $3.7M at age 47 - can I retire?
Replies: 126
Views: 14040

Re: Net worth of $3.7M at age 47 - can I retire?

@HomerJ "How is the OP planning on paying for college?" We've been investing into 529s and each kid currently has $40k in the 529 PLUS a year of prepaid tuition. For those advocating a mortgage payoff: 1) Given that real estate appreciation in our area has been minimal (weak ~1% a year over the las...
by bhsince87
Tue Jul 31, 2018 7:24 pm
Forum: Investing - Theory, News & General
Topic: Hold one stock 25 years
Replies: 68
Views: 6009

Re: Hold one stock 25 years

I would be tempted to go with The York Water Company. They've paid dividends consistently since 1816! https://en.wikipedia.org/wiki/The_York_Water_Company It would be interesting to see a total return chart going back that far. M* only starts in 1995 for $YORW http://quotes.morningstar.com/chart/fu...
by bhsince87
Tue Jul 31, 2018 5:28 pm
Forum: Investing - Theory, News & General
Topic: Hold one stock 25 years
Replies: 68
Views: 6009

Re: Hold one stock 25 years

This story just popped into my head too.

Can you guess the most successful company in the world over the past 50 years?

https://www.fool.com/investing/general/ ... cessfu.asp
by bhsince87
Tue Jul 31, 2018 5:10 pm
Forum: Investing - Theory, News & General
Topic: Hold one stock 25 years
Replies: 68
Views: 6009

Re: Hold one stock 25 years

I would be tempted to go with The York Water Company. They've paid dividends consistently since 1816!

https://en.wikipedia.org/wiki/The_York_Water_Company
by bhsince87
Tue Jul 31, 2018 4:56 pm
Forum: Personal Consumer Issues
Topic: Spaghetti Squash
Replies: 5
Views: 822

Re: Spaghetti Squash

I went out and checked the plant. There is a crack in the stem at the base but no holes which I could see....I didnt examine very long as it started raining (we need it). After the rain, I will examine more closely and probably add both sevin to base and copper fungicide to leaves...I have both. Th...
by bhsince87
Tue Jul 31, 2018 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Consultant leaning toward 1099 instead of W2 and looking for advice
Replies: 32
Views: 2209

Re: Consultant leaning toward 1099 instead of W2 and looking for advice

You can't get paid hourly and pass the 1099 test. There has to be a chance that you can lose money and if you are paid for every hour you work regardless of the outcome then you are W2. What you really need to do to be legal is fix bid each project. If you don't meet the agreed deliverables then yo...
by bhsince87
Tue Jul 31, 2018 12:24 pm
Forum: Personal Consumer Issues
Topic: Spaghetti Squash
Replies: 5
Views: 822

Re: Spaghetti Squash

If there are still some green leaves, the plant can probably be saved, if you are willing to use chemicals. Squash vine borer damage is easy to see. Just go to the base of the stalk/root area, and examine the stalk from there on out. If you find holes, thats the borers. I sprinkle that area with Sev...
by bhsince87
Mon Jul 30, 2018 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Realities of Early Retirement Model (FIRE)?
Replies: 96
Views: 9354

Re: Realities of Early Retirement Model (FIRE)?

IMO, healthcare is the biggest blind spot facing these folks. Perhaps, but I'm reminded of one sure fire fix to the problem. "Don't be downhearted, I can fix it for you sonny. It won't take too long, it'll just take money." -Alan Jackson Seriously, it's just a question of ability to pay premiums. P...
by bhsince87
Mon Jul 30, 2018 3:52 pm
Forum: Investing - Help with Personal Investments
Topic: Net worth of $3.7M at age 47 - can I retire?
Replies: 126
Views: 14040

Re: Net worth of $3.7M at age 47 - can we retire?

I would seriously consider relocating, assuming your wife and you could both get jobs elsewhere. I live about an hour 45 minutes from Dulles, hour and half from BWI. For $350k, you can buy a really nice house and cut your property taxes in half. Then you are down to probably $100 k annual spend. If ...
by bhsince87
Mon Jul 30, 2018 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Realities of Early Retirement Model (FIRE)?
Replies: 96
Views: 9354

Re: Realities of Early Retirement Model (FIRE)?

IMO, healthcare is the biggest blind spot facing these folks. If you live in a country where healthcare is provided or heavily subsidise, it's less of an issue. And the USA has been in that category for the past 7-8 years. Going forward, who knows? I don't think most of them realize how much rates c...
by bhsince87
Mon Jul 30, 2018 2:08 pm
Forum: Investing - Theory, News & General
Topic: Where is the money going?
Replies: 21
Views: 2840

Re: Where is the money going?

If I knew the answer to that, I'd be sitting on a yacht in the Caribbean right now. The reality is, the majority of trades are from one computer to another. These are driven by algorithms developed by folks who are highly rewarded for their efforts. I've seen estimates that typical days see 60-70% o...
by bhsince87
Sat Jul 28, 2018 11:01 pm
Forum: Investing - Theory, News & General
Topic: Peak Oil, Reloaded?
Replies: 45
Views: 3741

Re: Peak Oil, Reloaded?

Last week someone stopped me at the pump to ask how much it cost to fill my fuel efficient car. That hasn't happened in a while, and I consider it a sign. :-) Of course it’s a sign, when it costs them $500 a month to lease their Ford F-150 that takes 80-100bucks a week in gas! Ford is laughing all ...
by bhsince87
Wed Jul 25, 2018 10:37 am
Forum: Investing - Theory, News & General
Topic: Peak Oil, Reloaded?
Replies: 45
Views: 3741

Re: Peak Oil, Reloaded?

Last week someone stopped me at the pump to ask how much it cost to fill my fuel efficient car. That hasn't happened in a while, and I consider it a sign. :-) Of course it’s a sign, when it costs them $500 a month to lease their Ford F-150 that takes 80-100bucks a week in gas! Ford is laughing all ...
by bhsince87
Mon Jul 23, 2018 9:44 pm
Forum: Personal Consumer Issues
Topic: I want to sell my home, but I don't want to fix it up
Replies: 65
Views: 6159

Re: I want to sell my home, but I don't want to fix it up

A window that won't close easily, and a leak that happens once or twice a year?

That sounds like a normal house to me.

I would list it for $650k or whatever, and move on.
by bhsince87
Mon Jul 23, 2018 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Is it possible to change one's career in their 40s?
Replies: 75
Views: 6190

Re: Is it possible to change one's career in their 40s?

I know someone who did it in her 50's. She has an accounting degree and and MBA, but dropped out of the workforce to raise her child about 25 years ago.

After he left home she got a 2 year degree in web design. She was hired a few weeks after she graduated, and has been at it for 3-4 years now.
by bhsince87
Mon Jul 23, 2018 1:21 pm
Forum: Personal Consumer Issues
Topic: High voltage powerlines near house
Replies: 72
Views: 5122

Re: High voltage powelines near house

I'm an electrical engineer who specializes in electromagnetics. I have zero fear of the fields or such emanating form a power line . In fact, I'm sitting about 75 feet fro three massive distribution lines right now. However, keep in mind that for decades, power transformers were filled with one of t...
by bhsince87
Tue Jul 17, 2018 10:23 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone have experience with Redneck bank?
Replies: 13
Views: 1540

Re: Anyone have experience with Redneck bank?

Vanguard Prime MM is at 2.05%. Of course, no FDIC. Vanguard Federal MM is at 1.84% if you want some "insurance".

Both seem to be better choices for a "set it and forget it" approach. Online banks seem to change their rules and fees all the time, and that's something you need to keep up with.
by bhsince87
Tue Jul 17, 2018 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement
Replies: 145
Views: 14050

Re: Early retirement

I retired 2 years ago at 47 and my wife last year at 49. We still have side gigs for about 1 week per month so I guess we are really 75% retired. You're not retired. You're working part-time. Not judging, btw - If that's all you need to do to meet your needs/wants, congrats! Good on you. :sharebeer...
by bhsince87
Tue Jul 17, 2018 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: Quick question on taxable account in early retirement
Replies: 9
Views: 1050

Re: Quick question on taxable account in early retirement

I've been doing some reading on draw down strategies for early retirement and trying to get a clearer picture on how a taxable account is treated at tax time. Assuming your only source of cash flow is from your taxable account, am I correct in my understanding that only the capital gains portion of...
by bhsince87
Tue Jul 17, 2018 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Unusual asset protection strategies
Replies: 11
Views: 1440

Re: Unusual asset protection strategies

I think you're just becoming more exposed to them lately. You can blame targeted marketing, and the internet in general. There is a constant demand for content that can pull in new eyes and get a few clicks. Especially the eyeballs of folks who already have a lot of money! Plus the barrier to entry ...