Search found 52 matches

by We'll See
Wed Aug 28, 2019 8:53 pm
Forum: Personal Consumer Issues
Topic: Purchasing a truck - thoughts?
Replies: 105
Views: 7111

Re: Purchasing a truck - thoughts?

I’m in the market for a new vehicle, current vehicle is a Subaru with nearly 100k miles - trade in value around $8k I’m looking to purchase a truck next year - 2020 model I’ve been looking at several make/models and can’t really decide between them. My main factor/appeal is reliability, I’m not loo...
by We'll See
Thu Dec 20, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: Basement minimum height requirement -- can I ignore until house sale?
Replies: 34
Views: 2797

Re: Basement minimum height requirement -- can I ignore until house sale?

I would do it and wouldn't rip it out until the buyer asked you to. Even if you disclose that the ceiling height is not to code the buyer may like it finished and want to keep it. +1 To hell with the code. If it’s your house and is not a safety hazard, do it. Totally agree. 7' clear is really good....
by We'll See
Mon Nov 19, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: Too many choices for my next TRUCK
Replies: 99
Views: 8344

Re: Too many choices for my next TRUCK

Got the truck. It ended up being a new 2019 F250 6.2L FX4, OTD $43K. Thank you for all the advice. The smaller Taco, Ridgeline would not have worked. The 1/2 ton 2WD (any brand) would have done it. But... Toyota was hard to shop for because new ones with the 5.7L and the larger gas tank was rare, f...
by We'll See
Fri Nov 16, 2018 11:06 am
Forum: Personal Investments
Topic: Are We In A Real Estate Bubble?
Replies: 114
Views: 15514

Re: Are We In A Real Estate Bubble?

I'm in the chicago suburbs. Home purchase prices are still less than 2007.

Rental prices, however, are considerably higher though.

All real estate is local.
by We'll See
Fri Nov 02, 2018 4:44 pm
Forum: Personal Consumer Issues
Topic: Ford Airbag Class Action
Replies: 5
Views: 419

Re: Ford Airbag Class Action

I am in the same situation. I have a 2012 Ford Fusion as well and had called the dealer in my city last month who said that they did not yet have parts to do the repair. I was considering going the route that some BH's went where they got an Enterprise rental paid by Ford while they were waiting on...
by We'll See
Tue Oct 23, 2018 9:37 am
Forum: Personal Consumer Issues
Topic: Beer - Strong German Style Lagers
Replies: 56
Views: 5283

Re: Beer - Strong German Style Lagers

If you make it to Wisconsin try the New Glarus Staghorn which is their Octoberfest beer. I'm a fan. Some of their other beers are pretty good too.
by We'll See
Mon Oct 01, 2018 5:10 pm
Forum: Personal Consumer Issues
Topic: New Homeowners - Paint first or fix hard wood floors first?
Replies: 15
Views: 1367

Re: New Homeowners - Paint first or fix hard wood floors first?

First, take the baseboards off. Second, refinish the floors. Third, lay many drop cloths. Fourth paint walls. Fifth, install baseboards and crown molding. Lastly, consider getting HVAC ducts cleaned and make sure to change the furnace filter.
by We'll See
Wed Sep 26, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: Ford F-150 Technical Service Bulletin, legal ramifications
Replies: 34
Views: 4233

Re: Ford F-150 Technical Service Bulletin, legal ramifications

OP, do you have the 2.7 ecoboost or the 3.5 ecoboost?
by We'll See
Thu Aug 23, 2018 2:30 pm
Forum: Personal Investments
Topic: Company 401k contbr capped as % of paycheck
Replies: 24
Views: 2142

Re: Company 401k contbr capped as % of paycheck

Also, it is unlikely your traditional ira contributions are deductible because you are covered by a qualified workplace retirement plan for at least one day during the tax year
by We'll See
Mon Jan 08, 2018 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: Cost Segregation Study Worth the Expense? Real estate
Replies: 4
Views: 540

Re: Cost Segregation Study Worth the Expense? Real estate

I’m a subject matter expert in this area. The dollar value of your property is on the fence as to whether or not is makes sense to do the study. Basically the accelerated depreciation deductions prevent you from prepaying taxes. In your situation I recommend you do the study since you plan to hold t...
by We'll See
Thu Dec 28, 2017 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Roth income limits - changes in new tax law?
Replies: 4
Views: 991

Roth income limits - changes in new tax law?

Did the new law increase the income limits for contributing to a ROTH? I’m specifically concerned with married filling jointly. For 2017 it is 196,000 and I think we are going to exceed that this year and next year.
by We'll See
Wed Sep 20, 2017 3:46 pm
Forum: Personal Consumer Issues
Topic: Lease vs. Buy debate with a twist...
Replies: 33
Views: 3353

Re: Lease vs. Buy debate with a twist...

I think there is a bit of a financing bubble both in length of terms (i.e. 7 years) and willingness to give credit to just about anyone. That financing bubble directly raises prices of some vehicles. I think most non luxury cars and minivans are still well priced. I think most trucks and SUVs are ov...
by We'll See
Wed Aug 23, 2017 5:07 pm
Forum: Personal Consumer Issues
Topic: Safe car for wife and baby
Replies: 97
Views: 9861

Re: Safe car for wife and baby

One of the safest vehicles you can get is a minivan. Plenty of room, reasonable price, and ok gas mileage. Not the coolest vehicle but is great for road trips and hauling other kids.
by We'll See
Wed Aug 23, 2017 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Loan to Repay 401k loan upon separation?
Replies: 7
Views: 955

Re: Personal Loan to Repay 401k loan upon separation?

Light stream will generally have the best rates of your credit is pretty good. Can you afford the payments on a 3 year personal loan? Their rates are around 4%.
by We'll See
Mon May 01, 2017 9:44 pm
Forum: Personal Consumer Issues
Topic: Buy condo now, or wait a few years and then enter CCRC?
Replies: 26
Views: 3534

Re: Buy condo now, or wait a few years and then enter CCRC?

I used to develop a variety of senior housing. Do you want to be by your kids? If so, you are a great candidate to just rent a 2 bedroom apartment in a nice senior housing complex and wing it from there. It will be less expensive and give you many options.
by We'll See
Mon May 01, 2017 9:32 pm
Forum: Personal Investments
Topic: Is target date fund the best way to go?
Replies: 19
Views: 4161

Re: Is target date fund the best way to go?

I am new to this forum. In the process of consolidating all retirement assets to Vanguard. I am 61 years old. My goal is to retire at age 66. Current savings are sufficient. Not trying to play catch up. The appropriate target date fund for me would be the 2025 Fund (VTTVX). Question ... Is putting ...
by We'll See
Mon May 01, 2017 9:22 pm
Forum: Personal Consumer Issues
Topic: Car maintenance for older cars - where do you go ?
Replies: 52
Views: 5518

Re: Car maintenance for older cars - where do you go ?

I have 2011 Camry with 65K miles and today Toyota dealer charged me $78 for oil change ( synthetic oil ). I think it used to be around 60. Few things I like at Toyota dealership: 1. They check lot of stuff like ( tire tread, under the hood , brakes , transmission liquid etc ) and give recommendatio...
by We'll See
Mon May 01, 2017 9:18 pm
Forum: Personal Consumer Issues
Topic: buying dining table is hard
Replies: 55
Views: 5547

Re: buying dining table is hard

My wife and I found lots of tables we liked for less than 1500 in the Chicago area few years back. However, most of the chairs we found were cheapish. I think we spent less than 3,000 for an expandable table you are describing with 8 chairs. It is not pre-scaraped- my kids antique it. We are reasona...
by We'll See
Mon May 01, 2017 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4342
Views: 833747

Re: What's Your Credit Card Rewards Strategy?

Citi double cash on everything except for united flights. 2% cash back on everything and no BS. I have a united card too with their diluted miles which is only good for boarding group#2 which does have some value. I will add that between work and personal I spend on average 5,000 per month for compa...
by We'll See
Mon May 01, 2017 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Truck purchase: buy new vs buy used vs lease analysis
Replies: 23
Views: 3189

Re: Truck purchase: buy new vs buy used vs lease analysis

People commenting about the 10 to 12k off are for models that no one wants. I have a 2013 F-150 4x4 XLT crew cab. I bought it brand new in April, 2014. Sticker was $44k and I paid $33k. The dealerships in my area would only take about $5k off the price, but a small dealership in rural Ohio actually...
by We'll See
Mon May 01, 2017 8:23 pm
Forum: Personal Investments
Topic: Stay Out Of REITs?
Replies: 35
Views: 5692

Re: Stay Out Of REITs?

Would it be wise to stay out of REITs given their valuations? Since we've had low interest rates over the last several years, people have been piling into REITs chasing yield. I used to have too much allocation to REITs but I haven't bought them for several years so now it is less than 20% of my to...
by We'll See
Mon May 01, 2017 8:14 pm
Forum: Personal Consumer Issues
Topic: Motor Home
Replies: 33
Views: 4998

Re: Motor Home

^1 year older tomorrow and will work one and a half more years and then maybe 2 days per week until 63(Dentist). My wife and I would like to purchase a motor coach 40 feet or so and travel 3 to 4 months of the year. I am having a hard time because of the depreciation of the coach and travel cost. T...
by We'll See
Mon May 01, 2017 7:29 pm
Forum: Personal Finance (Not Investing)
Topic: Truck purchase: buy new vs buy used vs lease analysis
Replies: 23
Views: 3189

Re: Truck purchase: buy new vs buy used vs lease analysis

"If anyone has a "go-to" ford dealer in California I'd be grateful for the referral." Wrong coast sorry cannot help there. Bought mine in August 2016 but was unable to get the Ford prices down much from MSRP - got a Chevy loaded for $12K below MSRP. I have owned both Ford and Chevy pickups before a...
by We'll See
Mon May 01, 2017 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: Truck purchase: buy new vs buy used vs lease analysis
Replies: 23
Views: 3189

Re: Truck purchase: buy new vs buy used vs lease analysis

I went through the same thought process two months ago. I ended up leasing a 2017 crew cab xlt with the 2.7 ecoboost and 4x4. I spent a lot of time researching and the deals for this model were better leasing than buying. Plus, if there is a bubble in pricing that pops Ford has to deal with it not m...
by We'll See
Wed Feb 15, 2017 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loans vs Potential Higher Mortage Rate
Replies: 16
Views: 1595

Re: Student Loans vs Potential Higher Mortage Rate

You could consider a lender paid pmi loan. The rate is a bit higher than conventional but I think it is better than a regular pmi type loan. You should run the numbers.

Make sure you have adequate cash after you close on the house. Your first year or two in the new house will be spendy.
by We'll See
Fri Feb 10, 2017 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax - which one? Small taxable account
Replies: 6
Views: 802

Re: Turbo Tax - which one? Small taxable account

Thank you both. I bought deluxe fed and state today from Costco for $40 which worked well. However, they ding you $20 if you want to efile the state return which I ended up paying.
by We'll See
Fri Feb 10, 2017 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax - which one? Small taxable account
Replies: 6
Views: 802

Turbo Tax - which one? Small taxable account

Will Turbo tax deluxe work for me or do I need to get Premier? I have a small taxable account with roughly $40 in dividends. It is the Schwab total stock market mutual fund. I only bought and didn't sell anything in 2016. No rental property. The Turbo tax website hasn't been too helpful for deciding...
by We'll See
Thu Feb 09, 2017 11:36 am
Forum: Personal Consumer Issues
Topic: Boats
Replies: 36
Views: 4152

Re: Boats

I own a Lund 1875 Crossover with a 175hp Verado. Good mix of fishing and pleasure but I do more fishing. Can hold up to 8 people and plenty fast. I trailer it to different lakes. A pontoon with lots of power would work well for a large family but they aren't the greatest for certain types of fishing.
by We'll See
Tue Dec 20, 2016 12:52 pm
Forum: Personal Consumer Issues
Topic: Upstairs Bungalow Remodel / Bathroom Addition
Replies: 32
Views: 5163

Re: Upstairs Bungalow Remodel / Bathroom Addition

You can fit a 3/4 bath in 5' x 5'. Do some google searching. However your shower will need to be no larger than a 36" corner unit or maybe even a 30" corner unit. It will help immensely to have the bathroom door open into the bedroom, not into the bathroom. You could also consider a pocket door. Re...
by We'll See
Tue Dec 20, 2016 12:37 pm
Forum: Personal Consumer Issues
Topic: Upstairs Bungalow Remodel / Bathroom Addition
Replies: 32
Views: 5163

Re: Upstairs Bungalow Remodel / Bathroom Addition

You can fit a 3/4 bath in 5' x 5'. Do some google searching. However your shower will need to be no larger than a 36" corner unit or maybe even a 30" corner unit. It will help immensely to have the bathroom door open into the bedroom, not into the bathroom. You could also consider a pocket door. Reg...
by We'll See
Tue Dec 20, 2016 8:42 am
Forum: Personal Finance (Not Investing)
Topic: Kitchen Renovation - Cash or Loan?
Replies: 22
Views: 2124

Re: Kitchen Renovation - Cash or Loan?

Check out Lightream loans. They are a division of Sun Trust. I've used them before and it has worked well. You need very good credit though.
by We'll See
Thu Dec 10, 2015 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting For An Emergency Fund?
Replies: 24
Views: 2600

Re: Budgeting For An Emergency Fund?

Is there any point at which you don't bother funding an emergency fund? I've found myself struggling to do so. Admittedly, I've found the allure of maxing out my 401k and after tax investing far more fun and alluring than building an emergency fund. If I stop contributing to my 401k and post tax re...
by We'll See
Thu Dec 10, 2015 10:29 pm
Forum: Personal Consumer Issues
Topic: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?
Replies: 75
Views: 10821

Re: 1999 Honda Civic, 200K miles --- buy a new 2016 Civic?

First, it is time for you to sell / dump the old Civic. It is well past its useful life. In hindsight, you should have gotten rid of it before replacing the transmission. Second, you need to decide on a new vehicle. The last few generations of Civics have been crappy in my opinion. I had a 2005 Civi...
by We'll See
Thu Dec 10, 2015 10:16 pm
Forum: Investing - Theory, News & General
Topic: Childrens' Student Loans Delaying Retirement
Replies: 153
Views: 15575

Re: Childrens' Student Loans Delaying Retirement

Going back to the original post from the OP, of course paying for children's college delays retirement. So does paying for their food, diapers, healthcare, clothing, preschool, clothes, toys, etc. Any dollars you pay for raising your kids could be otherwise directed to retirement savings and you cou...
by We'll See
Thu Dec 10, 2015 9:56 pm
Forum: Personal Investments
Topic: Life Insurance HELP! what to pick Term, Whole Life?
Replies: 20
Views: 2159

Re: Life Insurance HELP! what to pick Term, Whole Life?

Buy a term policy for you and one for your wife. Do some searching on the amount but I would recommend at least $500,000 each, generally more for the larger breadwinner. Term life insurance is cheap. Probably want a 20 to 30 year term. Stay away from whole life and anything else that includes words ...
by We'll See
Thu Dec 10, 2015 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Dental CPA recommendation?
Replies: 8
Views: 1315

Re: Dental CPA recommendation?

Anybody have a good dental CPA recommendation in the Midwest? Its strange but I sent emails requesting quotes from CPAs but most simply ignored them. I only got 1 quote out of 5 requests sent. Does a CPA need to be local or can they work from anywhere using online data transfer? Thanks for any sugg...
by We'll See
Thu Dec 10, 2015 9:48 pm
Forum: Personal Consumer Issues
Topic: Boglehead approach to low cost car ownership
Replies: 45
Views: 6062

Re: Boglehead approach to low cost car ownership

Lowest risk and generally lowest cost is to buy new, at the end of the model year at the end of the month, and hold for 12+ years. Depreciation is irrelevant because after 12+ years the vehicles is worth close to nothing. However, you need to choose a vehicle that suits your needs for that long. If ...
by We'll See
Thu Dec 10, 2015 9:37 pm
Forum: Investing - Theory, News & General
Topic: reducing stocks too much with target date funds?
Replies: 29
Views: 2897

Re: reducing stocks too much with target date funds?

I would agree that the target retirement funds are too aggressive in the early years and too conservative in the later years. Perhaps a good strategy is to put a portion in the target retirement funds and then another portion in the life strategy funds to even it out.
by We'll See
Thu Dec 10, 2015 7:13 pm
Forum: Personal Consumer Issues
Topic: BMW current and past owners -- how was the reliability and would you buy another?
Replies: 89
Views: 21179

Re: BMW current and past owners -- how was the reliability and would you buy another?

I had a 1994 325i I bought used in 2002 with 90,000 miles. Manual with that great inline 6. Reliable yes but expensive to maintain and repair. I always took it to a bmw dealer because I never found a good independent mechanic. I have suvs and vans now but if I were to get a car again it would be a b...
by We'll See
Thu Dec 10, 2015 7:05 pm
Forum: Personal Investments
Topic: 24-year-old seeking advice on first $3k investment: Roth IRA
Replies: 18
Views: 2082

Re: 24-year-old seeking advice on first $3k investment: Roth IRA

Vanguard target date funds typically have a 1,000 minimum but life strategy is 3,000. Will this Roth be part of yout back up emergency fund? If it is, I would chose target retirement income fund until you get about 10,000 or so in there. It is a bit more conservative which is what you want for a bac...
by We'll See
Thu Dec 10, 2015 6:57 pm
Forum: Personal Investments
Topic: Pay-off Car Loan or Pay-down Mortgage?
Replies: 21
Views: 3684

Re: Pay-off Car Loan or Pay-down Mortgage?

I wouldn't pay off either any faster than the minimums. At those rates you would be better off putting your money in 5 yr CDs earning 2% or more.
by We'll See
Wed Dec 09, 2015 4:41 pm
Forum: Personal Consumer Issues
Topic: Need suggestions for FL family spring break
Replies: 1
Views: 408

Need suggestions for FL family spring break

Looking for suggestions for approximately one week spring break vacation for the family in central to southern FL. Last year we stayed in Sanibel which was great but a little too quiet. We have stayed at the Marriott resorts around Orlando 4 times and they were great too but we want to try something...
by We'll See
Wed Jun 11, 2014 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Best Homeowners Insurance in IL
Replies: 10
Views: 1905

Re: Best Homeowners Insurance in IL

Don't choke on this, but give Ameriprise a call. Yeah, I know. They get kicked around daily for investments stuff, but their homeowner's insurance is pretty cheap. Had it for quite awhile, but never had a claim so I don't know about that part. I was told (many years ago) that their policies are che...
by We'll See
Wed Jun 11, 2014 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Best Homeowners Insurance in IL
Replies: 10
Views: 1905

Best Homeowners Insurance in IL

I recently just switched my auto insurance from State Farm to Geico. I was not happy how State Farm handled my claim last year when I was rear-ended and Geico ended up being about $40 per month cheaper for my two vehicles. I'm now looking at switching my homeowners insurance from State Farm to anoth...
by We'll See
Thu May 01, 2014 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: An easy way to save money: Avoid the $300,000 car.
Replies: 152
Views: 26450

Re: An easy way to save money: Avoid the $300,000 car.

A better solution or comparison would be to buy the Lexus new and keep it for 10 years rather than buying a new Camry every 5 or 7 years.
by We'll See
Thu May 01, 2014 8:39 pm
Forum: Personal Investments
Topic: Are TIPS more risky and volatile than Total Bond Mkt Index?
Replies: 7
Views: 1743

Are TIPS more risky and volatile than Total Bond Mkt Index?

I have both Vanguard TIPS fund and Total Bond Market in my IRA and 401K. However, it appears that TIPS are more volatile and potentially more risky than total bond market index. Is this true? If so, why? Or are TIPS funds too complicated and there isn't enough history to compare how they truly perfo...
by We'll See
Thu Feb 27, 2014 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan Refinancing
Replies: 22
Views: 7571

Re: Student Loan Refinancing

Just wanted to follow up and see if anyone has actually ended refinancing through DRB and what their experience is. I can't speak for DRB but I refi'd my private SL with Sofi last November and it was very smooth. Highly recommend it. I got 5.99% fixed for 10 years with no auto withdrawl. It would b...
by We'll See
Thu Feb 27, 2014 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Home remodel - need confirmation that we can afford it
Replies: 51
Views: 6684

Re: Home remodel - need confirmation that we can afford it

Yes you can afford it. I would recommend financing it. If, after the project is done, you are uncomfortable with the debt from the project, just use your $$$ to pay off the loan. However, I would not give all that work to one contractor at once. I recommend doing this in phases. Choose the contracto...
by We'll See
Thu Feb 27, 2014 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: No brainer? Home Equity / Refi Car Loan to pay Student Loans
Replies: 5
Views: 755

Re: No brainer? Home Equity / Refi Car Loan to pay Student L

I would not role that debt into your house. Remember, you don't pay your mortgage, house gets foreclosed on. If you run into hardship, you can usually put your student loans into forebearance or defferment.

However, I would refi your student loans at Sofi or a smillar organization.
by We'll See
Thu Feb 27, 2014 1:51 pm
Forum: Personal Investments
Topic: Should I Get Cheap Personal Loan & Invest It?
Replies: 72
Views: 5623

Re: Should I Get Cheap Personal Loan & Invest It?

To be a contrarian, everyone who has a mortgage or car loan or student loan or any other type of debt is effectively doing this. Otherwise, why wouldn't someone pay off all their debt first (including the mortgage and SL) and then invest in the markets. I would argue that using a personal loan is th...