Search found 3392 matches

by DaftInvestor
Thu Jan 18, 2018 10:48 am
Forum: Personal Finance (Not Investing)
Topic: 1,000th post and a 'No-Fail' Retirement Formula
Replies: 35
Views: 2581

Re: 1,000th post and a 'No-Fail' Retirement Formula

sunny_socal wrote:
Thu Jan 18, 2018 9:54 am

DaftInvestor, is there a way you could post a copy of your Excel here? I would like to try it out.
Thanks
I'll see if I can find a place to post it anonymously and then link to it (If anyone has any suggestions please chime in).
by DaftInvestor
Thu Jan 18, 2018 9:00 am
Forum: Personal Finance (Not Investing)
Topic: 1,000th post and a 'No-Fail' Retirement Formula
Replies: 35
Views: 2581

Re: 1,000th post and a 'No-Fail' Retirement Formula

Congrats on your milestone. The one thing your formula doesn't answer is "How much do I need to save for the next X years to hit the number I need for retirement". As such - I will share my formulas (I assume you have already deducted and determined how much you need to withdraw per year - but if yo...
by DaftInvestor
Thu Jan 18, 2018 8:46 am
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 68
Views: 2353

Re: Short Commute or Nicer House?

Another factor we noticed was gas consumption, and wear and tear on the car. I used to average 25K-30Kmiles a year in one car... now it's down to 11K. Our second car used to average 15K... it's about 1-2k/year now... (would be nice to get down to one vehicle) In the case of the OP when doing a full...
by DaftInvestor
Thu Jan 18, 2018 7:32 am
Forum: Personal Consumer Issues
Topic: Short Commute or Nicer House?
Replies: 68
Views: 2353

Re: Short Commute or Nicer House?

Decision isn't as black and white as some always make it sound. This is a lifestyle choice as much as anything else. While cities can provide more walk-able amenities they sometimes also have more crime and over time give some folks a feeling of being hemmed in (more dense neighborhoods, less greene...
by DaftInvestor
Wed Jan 17, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 36
Views: 2103

Re: How to overcome the fear of spending money? (Buying a car)

Someone just started a thread on writing an IPS - do you have one? One nice thing about an IPS is that you define your savings goals - if you are meeting all your savings goal then you can allow yourself to spend some money on an item that might not be completely necessary. (Thread started on IPS: h...
by DaftInvestor
Wed Jan 17, 2018 5:25 pm
Forum: Investing - Theory, News & General
Topic: Amazing how much your IPS can de-stress your life
Replies: 22
Views: 2187

Re: Amazing how much your IPS can de-stress your life

The other thing I like about the IPS is its a good way of agreeing with your spouse that you share the same plan and goals. OP: Agree with everything you said - the only thing I do differently is I do re-balance more than once a year (Since I'm always adding more money I look at allocation amounts m...
by DaftInvestor
Wed Jan 17, 2018 2:53 pm
Forum: Investing - Help with Personal Investments
Topic: 529 asset allocation question
Replies: 4
Views: 298

Re: 529 asset allocation question

With you starting to draw these accounts down in 12 years I don't think this is overly conservative.
I know a lot of people with 60/40 allocations 12 years prior to retirement.
Your money might not grow as much as a 80/20 allocation but you have far less risk in return.
by DaftInvestor
Wed Jan 17, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Let's hear (or see) your budget tools
Replies: 9
Views: 697

Re: Let's hear (or see) your budget tools

So, Bogleheads, how do you budget? Share your thoughts! We no longer budget. For decades I did so with Quicken but slowly migrated from tracking to a budget to simply keep track of where the money was going. I believe the process did help us in tracking and understanding where our money was going a...
by DaftInvestor
Wed Jan 17, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: How will or might nonprofits be affected by tax law changes?
Replies: 21
Views: 849

Re: How will or might nonprofits be affected by tax law changes?

After the tax law change I did move up some of my 2018 planned donations to 2017 donating far more at end of December 2017 than planned in anticipation of making less donations to the same organizations in 2018. If you saw significant donations after the tax law was enacted this is likely people tha...
by DaftInvestor
Wed Jan 17, 2018 9:53 am
Forum: Investing - Theory, News & General
Topic: Anyone pondering moving to a cheaper place and downsizing?
Replies: 52
Views: 3289

Re: Anyone pondering moving to a cheaper place and downsizing?

I'm considering doing that someday (although wouldn't necessarily downsize - just move to a lower-cost area with similar size house/property). Now that my kids are all out of school (negating my need to be concerned about which school district I live in) I could simply move two towns over and save t...
by DaftInvestor
Wed Jan 17, 2018 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting Vs Savings Rate
Replies: 65
Views: 4241

Re: Budgeting Vs Savings Rate

I agree with the OP that if you are saving 50% with enough left over to do whatever you want, there is no NEED to budget. The question the OP did not answer is what is the spouse’s goal. Does the spouse want to try to cut back and save more? Do they want a budget so that they can cut loose and spen...
by DaftInvestor
Wed Jan 17, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Career Direction Advice
Replies: 13
Views: 807

Re: Career Direction Advice

If management is what you want along with stability in the position strive to be a great manager and don't rely on just training from your company. Read some good leadership books (be careful, there are a lot of bad ones written so pick wisely), take some coursera classes, subscribe to hbr.org and r...
by DaftInvestor
Wed Jan 17, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy - 1M or 2M
Replies: 43
Views: 3742

Re: Umbrella Policy - 1M or 2M

Did you tell them you would have a "New Teen Driver" when you got the quotes/Prices? If not - expect an increase. It's for this reason I'm contemplating making our kids get their own insurance policies in a few years. My dad made me get my own and one minor accident at 17 helped me see the light on...
by DaftInvestor
Tue Jan 16, 2018 1:44 pm
Forum: Personal Consumer Issues
Topic: How can I become a better consumer?
Replies: 18
Views: 1472

Re: How can I become a better consumer?

$5,000 in a lifetime sounds admirable. It sounds like you could teach the rest of us. What problem are you really trying to solve? Do you believe you will be happier if you learn to "consume" more? To me its a matter of pursuing your pass-times and hobbies and consuming to support those. If you like...
by DaftInvestor
Tue Jan 16, 2018 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: why emergency savings?
Replies: 42
Views: 3524

Re: why emergency savings?

A large market downturn directly corresponds for when I'm most likely to lose my job. Thus my EF is not in the market as I don't want to be forced to sell at the bottom. I don't think that argument works. You're saying "I don't want to have to pull stock out of the market when it has dropped." So a...
by DaftInvestor
Tue Jan 16, 2018 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella Policy - 1M or 2M
Replies: 43
Views: 3742

Re: Umbrella Policy - 1M or 2M

Did you tell them you would have a "New Teen Driver" when you got the quotes/Prices?
If not - expect an increase.
by DaftInvestor
Tue Jan 16, 2018 6:51 am
Forum: Personal Consumer Issues
Topic: Are land line phones still being supported?
Replies: 60
Views: 3527

Re: Are land line phones still being supported?

I had an electrician at my home recently and he was telling that he was glad he had a landline especially for 911. The reason? A landline can be found - kids and adults always know where it is - unlike a cell phone. Not in our house - spouse and kids seem to always have cell phones in hand or in po...
by DaftInvestor
Mon Jan 15, 2018 3:58 pm
Forum: Personal Consumer Issues
Topic: Where do you get your auto loans?
Replies: 14
Views: 709

Re: Where do you get your auto loans?

I've gotten 0% loans from Toyota as well as from Subaru. In 3 cases I was ready to pay cash but fell back on the loans since they came free. These are usually incentives during certain times of the year that are IN Addition to big rebates on the cars (so usually the 0% seems to coincide with the tim...
by DaftInvestor
Mon Jan 15, 2018 3:47 pm
Forum: Personal Consumer Issues
Topic: PTO policy after international business travel
Replies: 53
Views: 2963

Re: PTO policy after international business travel

Giving you 5 day PTO is unreasonable if this is part of your job duties. There is a huge cost to the company if they allow everyone to do this.
If I was your manager I would give you 1 day off and then allow you to work some "flex" time for a few days until you are back on the regular schedule.
by DaftInvestor
Mon Jan 15, 2018 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: Funding 529s and retirement from taxable investment accounts
Replies: 11
Views: 771

Re: Funding 529s and retirement from taxable investment accounts

Be careful not to overfund your 529, as any extra that isn't used for education you have to pay ordinary income tax plus penalty on. Just to be clear (I'm sure this is what miamivice meant but a lot of people think there are huge penalties with the FULL account balance) statement above could be cla...
by DaftInvestor
Mon Jan 15, 2018 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP help?
Replies: 12
Views: 860

Re: ESPP help?

Don't let the tax-tail wag the overall-strategy dog. Throughout my career I know plenty of folks that waited the full 2 years for their ESPP shares to become long term gains only not to have any gains to have to worry about :) My opinion: Take the money ASAP and diversify. If you want to risk some -...
by DaftInvestor
Mon Jan 15, 2018 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: why emergency savings?
Replies: 42
Views: 3524

Re: why emergency savings?

A large market downturn directly corresponds for when I'm most likely to lose my job. Thus my EF is not in the market as I don't want to be forced to sell at the bottom.
by DaftInvestor
Sun Jan 14, 2018 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: How long do you save tax returns?
Replies: 39
Views: 3103

Re: How long do you save tax returns?

Agree with others- why no keep forever especially the last decade which most people have electronically - they can all fit on a single thumb drive.
by DaftInvestor
Sun Jan 14, 2018 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: ‘Fun’ Money
Replies: 15
Views: 972

Re: ‘Fun’ Money

Read about tax efficient investing (and thinking about your portfolio as one whole) as to why folks are recommending putting bonds in 401k versus your taxable account:
https://www.bogleheads.org/wiki/Tax-eff ... _placement

There is a lot you can learn by reading the wiki
by DaftInvestor
Sun Jan 14, 2018 4:29 pm
Forum: Personal Consumer Issues
Topic: What is the best home exercise equipment?
Replies: 106
Views: 8344

Re: What is the best home exercise equipment?

+1 for a treadmill for the winter, bikes are okay, elliptical seems like unnatural motion but easy on the joints A rack, barbell, plates, and a bench are the best for working out (you don't have to be a young man to do it). The Deadlift, Squat, Bench Press, Row, Dips, Curls, Pull-ups, Chin-ups, Lat...
by DaftInvestor
Sat Jan 13, 2018 2:53 pm
Forum: Personal Consumer Issues
Topic: Will never not upgrade Business travel again
Replies: 21
Views: 2858

Re: Will never not upgrade Business travel again

Maybe post this in the financial milestones omnibus thread.
by DaftInvestor
Sat Jan 13, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 2% 12 month CD expires tomorrow
Replies: 13
Views: 2286

Re: Ally Bank 2% 12 month CD expires tomorrow

Synchrony has a 2% rate on a 12 month CD as well - I see no indication theirs expires tomorrow.
by DaftInvestor
Fri Jan 12, 2018 4:53 pm
Forum: Personal Consumer Issues
Topic: Yahoo Mail: Delete Not Working
Replies: 23
Views: 1076

Re: Yahoo Mail: Delete Not Working

I am still mad at Yahoo for deleting all my emails from 1997-2007 >:( I still have emails on Yahoo that go back that far. Was it based upon the storage volume you were using? There was a period where they would delete everything in mass if you didn't log in over a set amount of time (I think 1 year...
by DaftInvestor
Fri Jan 12, 2018 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Plan - How to make the most of it?
Replies: 43
Views: 4514

Re: New Tax Plan - How to make the most of it?

If I somehow can bring my taxable income from $87k to $82.5k, I'll be in the 3rd (22%) bracket. You do realize the way marginal tax rates work is that you are ALWAYS paying in the third bracket up until $82.5K even if you clear more than that (actually - you will only pay 22% on the amount of your ...
by DaftInvestor
Fri Jan 12, 2018 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Vs CIT- Seeking advice
Replies: 9
Views: 638

Re: Ally Vs CIT- Seeking advice

Hello! CIT saving rate is currently higher than that of Ally by 0.3% (1.55% Vs 1.25%). I have a good experience with Ally so far, but was wondering how is CIT doing in terms of web interference, customer service...etc Anyone had an experience here with CIT? CIT has had a lot of bad ratings. marcus ...
by DaftInvestor
Fri Jan 12, 2018 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: How do credit card companies determine how much credit to give you?
Replies: 5
Views: 887

Re: How do credit card companies determine how much credit to give you?

One card recently gave me a $5000 limit while another gave me a $40,000 limit. I see no rhyme/reason to how they decide. (The $5,000 limit was Citi Double-Cash - I never had one this low - I immediately called and said I'd cancel if they couldn't up the limit as I didn't want to even think about eve...
by DaftInvestor
Fri Jan 12, 2018 2:59 pm
Forum: Personal Consumer Issues
Topic: Virus reading Yahoo news
Replies: 8
Views: 788

Re: Virus reading Yahoo news

I hit Ctrl-Alt-Del, got to task manager, and force close the browser when I hit this type of problem. Sometimes they simply force the browser to full-screen mode on you and disallow you from closing it. If its a different exe who knows. If it keeps happening use a different browser (maybe try Chrome...
by DaftInvestor
Fri Jan 12, 2018 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to downsize but still too much stuff
Replies: 58
Views: 5194

Re: Trying to downsize but still too much stuff

Books (1 box) Personal Papers (3 boxes) Research materials for a book I'm writing (2 boxes) You can put all of these on one small portable hard drive (and backup to a cloud service or have a second drive for backup. Sentimental Items (5 boxes) 5 boxes? What's all this stuff? This is your biggest pr...
by DaftInvestor
Fri Jan 12, 2018 2:42 pm
Forum: Personal Consumer Issues
Topic: Yahoo Mail: Delete Not Working
Replies: 23
Views: 1076

Re: Yahoo Mail: Delete Not Working

Sockpuppet wrote:
Fri Jan 12, 2018 11:17 am
I am still mad at Yahoo for deleting all my emails from 1997-2007 >:(
I still have emails on Yahoo that go back that far. Was it based upon the storage volume you were using?
by DaftInvestor
Fri Jan 12, 2018 10:20 am
Forum: Personal Consumer Issues
Topic: Yahoo Mail: Delete Not Working
Replies: 23
Views: 1076

Re: Yahoo Mail: Delete Not Working

More than likely a browser issue - try a different browser.
I'm not having this problem with Windows 10 - I use Chrome.
by DaftInvestor
Fri Jan 12, 2018 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Underwater 4-5k in vehicle.
Replies: 29
Views: 1695

Re: Underwater 4-5k in vehicle.

According to Edmunds, a 2017 Forester will lose $11k in depreciation out of the $25k paid over 5 years . I think you mean they keep their value better than some other cars. No cars (except maybe antiques or rare vehicles) keep their value. It all depends upon what you pay for the new car. In some c...
by DaftInvestor
Fri Jan 12, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Underwater 4-5k in vehicle.
Replies: 29
Views: 1695

Re: Underwater 4-5k in vehicle.

Isn't everybody (with a car loan) underwater the moment they leave the dealership parking lot ? Nope, only put down $3K and got a great deal on our brand-new Forester. Subarus keep their value and we were never underwater and have had more than $3K equity in the car (we also had a 1.2% loan which w...
by DaftInvestor
Fri Jan 12, 2018 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Underwater 4-5k in vehicle.
Replies: 29
Views: 1695

Re: Underwater 4-5k in vehicle.

Isn't everybody (with a car loan) underwater the moment they leave the dealership parking lot ? Nope, only put down $3K and got a great deal on our brand-new Forester. Subarus keep their value and we were never underwater and have had more than $3K equity in the car (we also had a 1.2% loan which w...
by DaftInvestor
Fri Jan 12, 2018 9:20 am
Forum: Personal Consumer Issues
Topic: wild bird feed
Replies: 43
Views: 1775

Re: wild bird feed

I suggest you visit a local shop specializing in feeding birds such as Wild Birds Unlimited to get their suggestions and advice. I would think they would be helpful. Also the Audubon Society. +1 It all depends upon what types of birds you have in your area. The local shops are best at having a conv...
by DaftInvestor
Fri Jan 12, 2018 7:56 am
Forum: Personal Consumer Issues
Topic: portable chargers for electronic devices
Replies: 35
Views: 1734

Re: portable chargers for electronic devices

I'll admit up front this might be a stupid question - but how do you charge the charger? in other words, when the portable charge is out of juice - do you plug it into an outlet like I would my device, directly? Yes. They usually have an power input USB port to charge up with. I have a very small o...
by DaftInvestor
Fri Jan 12, 2018 7:51 am
Forum: Personal Consumer Issues
Topic: Men's MUST iron dress shirt recommendations
Replies: 37
Views: 2192

Re: Men's MUST iron dress shirt recommendations

Do you wear t-shirts under your shirts? I used to have the opposite problem - found the starch that was added at the dry cleaners with must iron shirts to be irritating. (Realize I could request no starch but then they didn't look as good - have gone all non-iron now). Most of the brands mentioned o...
by DaftInvestor
Wed Jan 10, 2018 4:58 pm
Forum: Personal Consumer Issues
Topic: Security for smart home devices / thoughts?
Replies: 8
Views: 596

Re: Security for smart home devices / thoughts?

If you are looking for a simple solution to ensuring your IoT/Smart devices are protected, Norton has a special router called Core that is supposed to do this. I haven't used it but it looked interesting when it came out. I'm waiting a few years to see how much it really keeps things secure or if t...
by DaftInvestor
Wed Jan 10, 2018 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: MA 529
Replies: 3
Views: 246

Re: MA 529

I don't think it is a dumb question. I caught this news when it came out but since I no longer always pay attention to "local" news (most of which is non-actionable - always a new house-fire somewhere, etc. - very little has bearing on my life) I could have easily missed it as well. MA state tax is ...
by DaftInvestor
Wed Jan 10, 2018 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: What would you do with a 25 million windfall?
Replies: 47
Views: 2766

Re: What would you do with a 25 million windfall?

I recently came across a $4M house I wouldn't mind buying. I'd probably buy a nicer house and invest the rest with a withdrawl strategy that allows me to comfortably travel/vacation the rest of my life in addition to charitable giving. For the house - I wouldn't necessarily buy something on the mark...
by DaftInvestor
Wed Jan 10, 2018 3:07 pm
Forum: Personal Consumer Issues
Topic: Cars in college
Replies: 33
Views: 1437

Re: Cars in college

fourth factor is student jobs. My daughter is a sophomore at a large university in a college town. Technically she could survive easily without a car if college life was the only part of the equation. But she is also working off campus as a nanny on a daily basis. She uses her car to pick up two ki...
by DaftInvestor
Wed Jan 10, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: Youtube/Netflix/Browser in Car Dash
Replies: 14
Views: 933

Re: Youtube/Netflix/Browser in Car Dash

I assume Apple CarPlay and Android Auto will eventually get there (I believe with Android Auto today you can listen to many different streaming music services including Spotify, Pandora, Stitcher, and Audible,; I don't think they have streaming NetFlix/Youtube support yet but I could be wrong).
by DaftInvestor
Wed Jan 10, 2018 2:20 pm
Forum: Personal Consumer Issues
Topic: Cars in college
Replies: 33
Views: 1437

Re: Cars in college

My decision with my college students and cars was an easy one:
1) If you are commuting to college you get a car. (What I save on paying more for room/board covers the car cost).
2) If you are living at college (and I am paying room/board) you don't get a car.
by DaftInvestor
Wed Jan 10, 2018 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Buy I and EE bonds now, or wait
Replies: 7
Views: 439

Re: Buy I and EE bonds now, or wait

For iBond: The way I looked at this decision is since I am holding long term, and the fixed component of the ibond is unlikely to change much from the measly 0.1% it is now (could drop to zero or go up slightly but know one knows - a 0.1% change in either direction would be pretty meaningless), I mi...
by DaftInvestor
Wed Jan 10, 2018 1:44 pm
Forum: Personal Consumer Issues
Topic: Kenmore Washer Dryer
Replies: 29
Views: 1475

Re: Kenmore Washer Dryer

I don't have experience with LG but I will state that we have always steered clear of Kenmore for the simple fact that you don't really know what you are getting. The salesman might tell you "It is really a whirlpool" but they certainly won't guarantee that nor give it to you in writing. Even if it ...
by DaftInvestor
Wed Jan 10, 2018 1:33 pm
Forum: Personal Finance (Not Investing)
Topic: "Emergency Fund" Strategy
Replies: 39
Views: 3885

Re: "Emergency Fund" Strategy

I don't understand what you mean by "Tax Advantaged" accounts for tiers 3 and 4. Most tax advantaged accounts are non-accessible for emergencies. Those holdings could be sold and used to purchase stocks while stocks are simultaneously sold in taxable. Then they would effectively function as emergen...