Search found 238 matches

by UncleBen
Fri Dec 15, 2017 9:47 am
Forum: Personal Consumer Issues
Topic: Lexus RX 350 - new vs. preowned
Replies: 29
Views: 1824

Re: Lexus RX 350 - new vs. preowned

I've been looking at 2015's partially because of the ugly grill introduced in '16 but more so because of the dash design with the info screen sticking up right in the middle of everything. In our market the '15's seemed to have taken a decent depreciation hit, with gradual price declines in the '13'...
by UncleBen
Tue Dec 12, 2017 8:46 am
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 118
Views: 11802

Re: What to do after losing $117k in stock market?

Invest minimum to obtain any 401k matching and attack the student loans with a vengenge with every extra dollar. Make it a game to see how fast you can do it to add some excitement.
by UncleBen
Mon Dec 11, 2017 4:10 am
Forum: Investing - Help with Personal Investments
Topic: What to do when emergency fund runs out? (IPS)
Replies: 8
Views: 1084

Re: What to do when emergency fund runs out? (IPS)

Interesting question. We've never even dipped into the emergency fund in decades. But our unwritten plan would be:

Spend less.
Work more.
Sell stuff.
If those fail to replenish EF, sell over-weighted asset.
by UncleBen
Sat Dec 09, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: 840 credit score Million dollar farm.. low income cannot get Heloc?
Replies: 64
Views: 4453

Re: 840 credit score Million dollar farm.. low income cannot get Heloc?

Farm credit bureaus will often loan on farms that banks won't touch.
by UncleBen
Sat Dec 09, 2017 7:56 am
Forum: Personal Consumer Issues
Topic: Please suggest a dry hands product
Replies: 82
Views: 3460

Re: Please suggest a dry hands product

Aquafor, Vaseline, and Bag Balm are all petroleum based. They work if you want to slather petroleum on your body. I like Udder Cream. It's one of very few products that still have lanolin which also works but some people are allergic. It can be found at most drugstores, Walmart, and sometimes small ...
by UncleBen
Thu Dec 07, 2017 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: What do Bogleheads say when they don't want to spend money?
Replies: 103
Views: 5450

Re: What do Bogleheads say when they don't want to spend money?

I can't thoil it. thoil Verb (third-person singular simple present thoils, present participle thoiling, simple past and past participle thoiled) (Yorkshire) To be able to justify the expense of a purchase. I loved those red shoes but i couldn't thoil it in addition to the new dress I'd bought. Read ...
by UncleBen
Wed Dec 06, 2017 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Voya 401k or Not! Not enough in 401ks?
Replies: 13
Views: 891

Re: Voya 401k or Not! Not enough in 401ks?

I would say contribute to get the 3% (no brainer).
Anything else = optional.
by UncleBen
Wed Dec 06, 2017 6:31 am
Forum: Personal Finance (Not Investing)
Topic: Voya 401k or Not! Not enough in 401ks?
Replies: 13
Views: 891

Re: Voya 401k or Not! Not enough in 401ks?

Is your question whether or not to contribute to your wife's 401k?
Is there a match?
What are your marginal federal and state tax brackets?
What will your marginal brackets be when DW retires in a few years?
by UncleBen
Wed Dec 06, 2017 6:24 am
Forum: Personal Consumer Issues
Topic: Lowering My Grocery Bill
Replies: 110
Views: 7048

Re: Lowering My Grocery Bill

We eat a mostly plant based diet which costs $350/month for 2. I shop mainly at Aldi's and Costco/BJ's too. These are some of the ways I get what we want at the best prices: -Plan meals around weekly specials. -Buy a few extra items when they are on sale. I buy fruit in bulk in the summer and freeze...
by UncleBen
Thu Nov 30, 2017 5:35 am
Forum: Investing - Help with Personal Investments
Topic: Please help with this cost basis nightmare!
Replies: 22
Views: 1736

Re: Please help with this cost basis nightmare!

http://www.morningstar.com/stocks/xnys/dte/quote.html Click on maximum and hover over the line. This will get you prices back to 6/1/72. I would think that DTE shareholder services could provide year end statements for each year that the stock was owned. (I have mine for ATT and baby bells and they ...
by UncleBen
Tue Nov 28, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Certified Deposits [Certificates of Deposit - CDs]
Replies: 22
Views: 2290

Re: Certified Deposits [Certificates of Deposit - CDs]

Also, check your 401k's Stable Value fund. Some have better yields than CD's.
by UncleBen
Sat Nov 25, 2017 4:10 am
Forum: Personal Consumer Issues
Topic: How Much Would You Spend on a Blender?
Replies: 47
Views: 3584

Re: How Much Would You Spend on a Blender?

I had a basic refurbished Vitamix for 20 or so years. It served us well and I sold it at a fair price quickly on Craigslist. A few years ago I purchased the stainless Pro 750. I don't remember the exact price but in the $500's, new from Ebay (shipped directly from Macy's). It was partly for cosmetic...
by UncleBen
Thu Oct 26, 2017 9:51 am
Forum: Personal Consumer Issues
Topic: No true pay as you go [cellphone plan]
Replies: 63
Views: 5295

Re: No true pay as you go [cellphone plan]

Unless there is something special about your Verizon phone or something you haven't mentioned that isn't working with Tracfone, go to QVC and treat yourself to a new Tracfone SamsungGalaxy J3 for $99.75 with 1 year, 1500 minutes/texts and 1.5 GB data and buy 5-1GB cards at Tracfone for $50 and you a...
by UncleBen
Tue Oct 17, 2017 6:25 am
Forum: Investing - Help with Personal Investments
Topic: Why not CDs instead of Short Term Bonds or TIPS
Replies: 24
Views: 3381

Re: Why not CDs instead of Short Term Bonds or TIPS

I am mindful of that, and currently have 3% of fixed income in SVF. It’s not enough to move the needle much. There are no free lunches. This. While 3% is not common in the corporate world, OP check your Stable Value Fund. We have 2 401k's, one yields <2%, the other 2.2%. It would not be worthwhile ...
by UncleBen
Thu Oct 12, 2017 8:57 pm
Forum: Personal Consumer Issues
Topic: Protein Bars and Smoothies
Replies: 82
Views: 7129

Re: Protein Bars and Smoothies

I use Orgain because it's a plant source of protein. Costco sells it and the taste is not bad.

https://www.amazon.com/Orgain-Organic-P ... owder&th=1
by UncleBen
Thu Sep 28, 2017 5:04 am
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 204
Views: 15752

Re: Why do you LBYM? Why do you save and invest?

We live below our means because: 1. It was modeled by our families. 2. One day we will become capitalist not laborers. 3. Debt = slavery, debt-free = freedom, allowing us the freedom to live where we want, buy what we want, eat what we want, work where we want, etc. 4. It allows us to share generous...
by UncleBen
Fri Sep 08, 2017 3:36 am
Forum: Personal Finance (Not Investing)
Topic: Guaranteed 7% Real Estate Deal: Pull from Stock Market?
Replies: 36
Views: 4099

Re: Guaranteed 7% Real Estate Deal: Pull from Stock Market?

First Post: My question: Would you buy this land and build the facility knowing you are AT LEAST guaranteed 7% for 10 years. Later Post: If I can give myself an almost guaranteed 7% it seems like a no brainer to me, but I'm aware that I might be too close to the project to make a 100% rational decis...
by UncleBen
Thu Aug 24, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: What should the savings be for an average professional
Replies: 168
Views: 17771

Re: What should the savings be for an average professional

These are the guidelines from the book "Your Money Ratios". I don't remember all the criteria the author used but they seemed reasonable to me at the time I read it. AGE/CAPITAL TO INCOME RATIO 25/.1 30/.6 35/1.4 40/2.4 45/3.7 50/5.2 55/7.1 60/9.4 65/12 So a 45 year old making $120k should have 3.7 ...
by UncleBen
Wed Aug 16, 2017 5:59 am
Forum: Investing - Help with Personal Investments
Topic: California - clarification on taxes
Replies: 36
Views: 2845

Re: California - clarification on taxes

Well, if you itemize you can deduct the state income taxes from your federal. So that would save you 2.6% technically bringing your total marginal rate down to 43.3% letting you keep $.567. Do you feel richer :wink: ?

Also, if you can get above $127,200 the 6.2% SS tax drops off.
by UncleBen
Fri Aug 11, 2017 6:06 am
Forum: Personal Finance (Not Investing)
Topic: Struggling with Justifying an Expensive Car Purchase
Replies: 120
Views: 7066

Re: Struggling with Justifying an Expensive Car Purchase

Who lugs the kiddo around the most? That spouse gets to pick the new family "mom" mobile/SUV. The other spouse gets to drive what is currently the DW's car as their daily driver. The impractical car gets sold. I might be wrong but my guess is that this solves your dilemma because your wife does most...
by UncleBen
Tue Aug 08, 2017 10:41 am
Forum: Personal Consumer Issues
Topic: Should I Buy a New Car?
Replies: 42
Views: 3352

Re: Should I Buy a New Car?

Pretend like you bought a new car and stick the payment into a savings account for the next few years. If you had been saving the $300 car payment from 2010 to 2017, you could buy either of your new possibilities for cash. I know there is a sentiment around here about zero and low interest loans. Bu...
by UncleBen
Mon Aug 07, 2017 8:46 pm
Forum: Personal Consumer Issues
Topic: Should I Buy a New Car?
Replies: 42
Views: 3352

Re: Should I Buy a New Car?

I don't think Camrys have timing belts, at least both of ours have timing chains so your maintenance may be much less than you think. We have an '05 with 130k on it, still no problems so yours probably has a few good years left. I looked at a new Camry this week intending to buy one. There are great...
by UncleBen
Tue Jul 11, 2017 7:03 am
Forum: Personal Consumer Issues
Topic: Donation to Church for wedding?
Replies: 27
Views: 2385

Re: Donation to Church for wedding?

I think $100 plus dinner for the priest would be nice. If you are just throwing a few bucks into the plate each week, $100 to the church would be in order too. If you are giving thousands/year it's not as necessary but wouldn't hurt to give $100 to defray church expenses. Personally, we like to give...
by UncleBen
Mon Jul 10, 2017 4:33 pm
Forum: Personal Consumer Issues
Topic: Need to get dental implant done..
Replies: 23
Views: 1884

Re: Need to get dental implant done..

I had 3 implants done a few years ago. While I am really frugal, I didn't look for a low price when it came to someone drilling into my jaw and transplanting biological material, not to mention planting a screw very close to nerves. I looked for the best. Maybe fillings and crowns overseas but not i...
by UncleBen
Sun Jul 09, 2017 6:26 pm
Forum: Personal Consumer Issues
Topic: any way to eat healthier at Subway (or any other quick lunch ideas)
Replies: 102
Views: 5933

Re: any way to eat healthier at Subway (or any other quick lunch ideas)

If you want truly healthy lunches you probably have to bite the bullet and brown bag it. The healthier you eat, the more your choices are limited. If you don't have time to go prepare a lunch or pack some leftovers at home AND you don't have time to go to a healthier place like Chipotle, Panera, or ...
by UncleBen
Sun Jul 09, 2017 3:25 pm
Forum: Investing - Theory, News & General
Topic: Retirement is Risky Business
Replies: 41
Views: 7566

Re: Retirement is Risky Business

Risk 20: Being taken to the cleaners by your Retirement Income Certified Professional risk Dale That makes me think of all those "free" dinner invitations I get from those "Retirement Income Certified Professionals." The expression should be: "There ain't no free dinner." :happy Maybe I am foolish,...
by UncleBen
Sun Jul 09, 2017 8:51 am
Forum: Personal Consumer Issues
Topic: A question about GENTLE excercise.............
Replies: 22
Views: 2708

Re: A question about GENTLE excercise.............

+1 for the Classical Stretch videos. And water aerobics if you have access to a pool.
by UncleBen
Fri Jul 07, 2017 6:01 am
Forum: Personal Consumer Issues
Topic: Assess our possible new house purchase (update)
Replies: 23
Views: 2162

Re: Assess our possible new house purchase

$2929/$8300 = 35% going to housing. I know that lenders use gross but 35% of net would be uncomfortable for me (and we're in the same income bracket with no children). Additionally, if you have cable, internet, gas, electric, water, sewer, you probably have at least another $500 in utilities bringin...
by UncleBen
Sat Jul 01, 2017 4:32 am
Forum: Personal Consumer Issues
Topic: Getting a new cooktop, gas vs electric?
Replies: 72
Views: 4746

Re: Getting a new cooktop, gas vs electric?

I would definitely put in the gas line. I believe it will be a good selling point when you sell in 8 years also. Lowes is reasonable but not the cheapest place to get granite. I live in a fairly HCOLA and it's $35sf and they don't charge for the sink at one of the granite sellers. For example: http:...
by UncleBen
Fri Jun 30, 2017 9:17 am
Forum: Investing - Help with Personal Investments
Topic: Am I on track, or just crazy...
Replies: 38
Views: 6317

Re: Am I on track, or just crazy...

The plan is to sell the house beginning of 2020 and have the last rental sold by then as well. I figured using the funds from the house and some from the sale of the rental to purchase the boat will limit the capital gains I have to pay, which is also why I am putting a little extra towards the hou...
by UncleBen
Sun Jun 25, 2017 6:37 am
Forum: Personal Finance (Not Investing)
Topic: If I want to have a safe portfolio in case of...
Replies: 23
Views: 2193

Re: If I want to have a safe portfolio in case of...

1.Protect what you have. 2. Profit from the fall. Put $1m in CD's. Put $1m in safe deposit. Or short sell the market. Write a book on "The Upcoming Stock Downfall", get on the TV book tour circuit to boost sales. After the downfall, write a book and do TV book tour promoting your book on "how I knew...
by UncleBen
Tue Jun 20, 2017 5:53 am
Forum: Personal Consumer Issues
Topic: Alternatives to Amazon
Replies: 76
Views: 6453

Re: Alternatives to Amazon

I continue to buy most online acquisitions from Amazon with excellent prices, service, and delivery. On occasion I place a large Jet order for food items when Kirkland products are cheaper than at Costco but that doesn't happen very often anymore. Walmart is competing head to head on Amazon pricing....
by UncleBen
Thu Jun 15, 2017 5:36 pm
Forum: Personal Finance (Not Investing)
Topic: How many of you have rentals (i.e. you're a landlord)? Are they worth it?
Replies: 74
Views: 6567

Re: How many of you have rentals (i.e. you're a landlord)? Are they worth it?

We had 3, managed at times and had a property manager at other times, both bring issues. We are happy to be out of landlording. What issues come with managing your own property? What issues come with hiring a property management company? What are you doing instead?[/quote] Tenants, damages, late pa...
by UncleBen
Wed Jun 14, 2017 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: How many of you have rentals (i.e. you're a landlord)? Are they worth it?
Replies: 74
Views: 6567

Re: How many of you have rentals (i.e. you're a landlord)? Are they worth it?

We had 3, managed at times and had a property manager at other times, both bring issues. We are happy to be out of landlording.
by UncleBen
Wed Jun 14, 2017 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Help My Mother "Survive"?
Replies: 67
Views: 5796

Re: Help My Mother "Survive"?

I don't have a lot to add to the good suggestions you've gotten already but a few thoughts when you are impressing upon Mom the direness of her situation. When you two put together the budget, how thorough is it? So she has free ACA, but does she have zero OTC drug, prescription, co-pay, checkup, de...
by UncleBen
Thu Jun 08, 2017 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Items with mimimal risk of inflation increase
Replies: 17
Views: 1571

Re: Items with mimimal risk of inflation increase

/am considering an immediate annuity. But before doing so , trying to think through possible inflation antiqueman, 1) Your house. If you own your house, you had fixed your housing expense. That usually account for 30% to 50% of the inflation. 2) My household living expense stayed about the same ove...
by UncleBen
Thu Jun 08, 2017 9:24 am
Forum: Investing - Help with Personal Investments
Topic: Items with mimimal risk of inflation increase
Replies: 17
Views: 1571

Re: Items with mimimal risk of inflation increase

I wouldn't wager a bet on anything being cheaper in 20 years. But I hope that cable TV and internet will be cheaper as newer technologies are providing alternatives. Perhaps solar panels or some version of solar. If gasoline demand and supply follow recent trends, it may be cheaper. I can't imagine ...
by UncleBen
Wed Jun 07, 2017 4:23 pm
Forum: Personal Consumer Issues
Topic: Dave Ramsey Financial Peace University ??? worth it?
Replies: 120
Views: 9799

Re: Dave Ramsey Financial Peace University ??? worth it?

Some churches will allow you to attend the course without paying for the materials (book, required documents and access to the FPU aspects on the Dave Ramsey website), but I think they are discouraged from doing that. You could also possibly request a discount from the organization, but that is onl...
by UncleBen
Wed Jun 07, 2017 11:05 am
Forum: Personal Consumer Issues
Topic: Dave Ramsey Financial Peace University ??? worth it?
Replies: 120
Views: 9799

Re: Dave Ramsey Financial Peace University ??? worth it?

It depends on your friend's situation. FPU would give people a decent foundation for spending, budgeting, and saving. Most people disagree with his investment strategy as well as his use of ELPs. However for someone who doesn't have a clue about budgeting and getting out of debt it would be $93 well...
by UncleBen
Wed Jun 07, 2017 6:17 am
Forum: Personal Consumer Issues
Topic: My Wife is having our 5th child. What is an appropriately extravagant push gift?
Replies: 90
Views: 8579

Re: My Wife is having our 5th child. What is an appropriately extravagant push gift?

A pair of Tieks in her favorite color. (Fushia or Cobalt if you want to signify boy or girl, or Lovestruck to go for the heart).

https://tieks.com/
by UncleBen
Fri Jun 02, 2017 9:40 am
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 265
Views: 25649

Re: KF's Worst Case Retirement Plan

You are proposing a 6% WD rate for 8 years until SS, then probably continuing at about 6% withdrawing $30k from the remaining $520 or so? It sounds risky to me. Without the mortgage it would be more acceptable. But otherwise early retirement doesn't sound like great idea (unless there is a pension y...
by UncleBen
Wed May 31, 2017 5:35 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting, planning and balance
Replies: 10
Views: 1091

Re: Budgeting, planning and balance

The main problem I see is that you can have it all but maybe not at the same time. It seems like you need to have some discussion on prioritizing $40k of home improvements and a $30k new car. In your shoes I would "entertain" myself with housekeeping and yard work for 10 months. The savings of $800/...
by UncleBen
Fri May 19, 2017 6:38 am
Forum: Personal Consumer Issues
Topic: Is it possible to patch a blanket?
Replies: 6
Views: 902

Re: Is it possible to patch a blanket?

King is $71.99, there is a code that says buy online pick up at store get 20% off and if you go through ebates you get 6% cashback. So your option is to buy a new one for $55 or patch it and have a blanket that is 3 books shorter or narrower. I'd buy the new one (and I know how to patch and darn).
by UncleBen
Tue May 16, 2017 5:50 am
Forum: Personal Consumer Issues
Topic: Does anybody know? [where to find toaster oven reviews]
Replies: 12
Views: 1645

Re: Does anybody know???????

I always read the reviews on Amazon.
by UncleBen
Wed May 10, 2017 5:44 am
Forum: Personal Finance (Not Investing)
Topic: How to title a house for transfer to children after death
Replies: 14
Views: 2213

Re: How to title a house for transfer to children after death

In our state we had a lawyer file a "life estate deed" for my parents home which transferred ownership to us and gave them lifetime rights to inhabit the property. It was easy except for the $600/hr we paid the lawyer :happy (totally worth it).
by UncleBen
Tue May 09, 2017 6:34 am
Forum: Personal Finance (Not Investing)
Topic: Retired - How much can I afford to pay for house
Replies: 12
Views: 2001

Re: Retired - How much can I afford to pay for house

Your spouse (hopefully lovingly) calls you cheap. You could easily spend a million dollars on a house without the risk of running out of funds or not covering emergencies. My suggestion is to set your wife loose on a real estate site to pick out a handful of home to see. You don't have to give her a...
by UncleBen
Thu May 04, 2017 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Medallion Signature for Vanguard Trust
Replies: 29
Views: 2986

Re: Medallion Signature for Vanguard Trust

I get mine at my credit union. Always helpful and accommodating.
by UncleBen
Thu May 04, 2017 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Too much Money?
Replies: 40
Views: 7721

Re: Too much Money?

Keep saving, you are far from the finish line. None of us knows what the future holds. We don't know about: Future returns Inflation rates Tax law changes Tax bracket change Personal health issues Family issues Job loss If you are tired of working at 38, perhaps a more satisfying line of work should...
by UncleBen
Wed May 03, 2017 3:43 am
Forum: Personal Finance (Not Investing)
Topic: Most "technologically savvy" bank?
Replies: 32
Views: 3789

Re: Most "technologically savvy" bank?

I don't know but I have the "least technologically savvy" S&L. Passbooks, nothing online, record transactions on a card they pull when you go in. They only do deposits, withdrawals, and loans. No check cashing and no IRA's. They won't take more than $1k/month deposit from each depositor. The buildin...