Search found 268 matches

by UncleBen
Fri Jul 06, 2018 3:43 am
Forum: Investing - Help with Personal Investments
Topic: Can you help me figure out how much emergency fund $ I REALLY need?
Replies: 38
Views: 2829

Re: Can you help me figure out how much emergency fund $ I REALLY need?

Losing your job isn't the only "emergency" your emergency fund would cover. I've seen young, healthy people in various sorts of health crises out of work for a year or more with their significant other working unpaid as their caregiver the whole time. Three months of expenses would be the minimum IM...
by UncleBen
Fri Jun 08, 2018 5:46 am
Forum: Personal Consumer Issues
Topic: To remove coffee tea stain from mug, use QxyClean
Replies: 9
Views: 1019

Re: To remove coffee tea stain from mug, use QxyClean

I use plain old bleach too. And you can transform marked up stoneware plates a bowls with a little scrub of Barkeeper's Friend. One of life's little pleasures - making something look new again ;-).
by UncleBen
Wed Jun 06, 2018 4:35 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 51840

Re: How much money do you want to retire?

How much money do you want to retire?
We don't want any of our money to retire, we want it to keep working so we don't have to :wink: .
by UncleBen
Thu May 31, 2018 4:55 am
Forum: Investing - Help with Personal Investments
Topic: 15% rate of return in last 15 years can I expect the same in next 16 years
Replies: 39
Views: 4136

Re: 15% rate of return in last 15 years can I expect the same in next 16 years

Yes, you can expect 15% returns for the next 16 years. But be prepare to be disappointed.
by UncleBen
Tue May 22, 2018 9:33 am
Forum: Personal Consumer Issues
Topic: Time For New Car?
Replies: 34
Views: 2618

Re: Time For New Car?

I'm with others who are surprised at the amount of repairs you've had to do. In comparison our slightly older '05 Camry with a few more miles (125k) has had the following repairs: Replaced disintegrating rear speaker grill covers I think it they were under $40. The exterior paint looks fine and the ...
by UncleBen
Fri May 11, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: When to replace a car windshield
Replies: 27
Views: 1826

Re: When to replace a car windshield

$200 well spent!
by UncleBen
Wed May 09, 2018 5:28 am
Forum: Investing - Help with Personal Investments
Topic: 25 Years Old. Need help. In the Guard. Currently having TSP trying to pay off debt then make plan for Roth IRA??
Replies: 27
Views: 1734

Re: 25 Years Old. Need help. In the Guard. Currently having TSP trying to pay off debt then make plan for Roth IRA??

1. Payoff CC's #1, #2, #6 today. 2. Leave the remaining $1400 in your emergency fund. 3. Set your retirement withholdings to the minimum to get your 5% match. Forget about any other retirement savings for the next 2 years. Paying off the CC's is your #1 priority. Your goal should be to payoff the CC...
by UncleBen
Sun May 06, 2018 4:46 am
Forum: Personal Consumer Issues
Topic: most compelling TV character ever
Replies: 175
Views: 16818

Re: most compelling TV character ever

Compelling? Anthony Fremont, Twilight, episode It's a Good Life.
by UncleBen
Sat May 05, 2018 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Where to park $200k portion of portfolio when needed to be used as noted below
Replies: 17
Views: 1836

Re: Where to park $200k portion of portfolio when needed to be used as noted below

It's interesting how many are suggesting a CD ladder. I'm not seeing that OP gains much with such a short ladder. His $233k will be depleted around the end of 3 years. It seems like his window for a ladder would be between the 14 months and maybe 30. Perhaps someone could give an example.
by UncleBen
Sat May 05, 2018 3:45 am
Forum: Investing - Help with Personal Investments
Topic: Where to park $200k portion of portfolio when needed to be used as noted below
Replies: 17
Views: 1836

Re: Where to park $200k portion of portfolio when needed to be used as noted below

I'm all for simple. You are already established at Vanguard so I'd put the $91k that you need over the next 14 months into Vanguard Prime (VMMXX - 1.83%) and the remaining $142k ($233k-$91k) in the 14 month Synchrony CD @2.35%.
by UncleBen
Sat Apr 21, 2018 8:51 am
Forum: Personal Consumer Issues
Topic: Total Cost of Car Ownership over 10 years
Replies: 40
Views: 3640

Re: Total Cost of Car Ownership over 10 years

Trying to figure this out and how much to budget for a car annually in a car fund: Assuming buying a Toyota Camry LE for 10 years driving 15k miles per year: $22,500 purchase price $13,500 gas $10,000 insurance for 10 years $2,000 license/registration $2,000 Other major maintenance / Car washes $1,...
by UncleBen
Wed Apr 18, 2018 11:05 am
Forum: Investing - Help with Personal Investments
Topic: I want to pay off my mortgage. Am I crazy?
Replies: 54
Views: 5916

Re: I want to pay off my mortgage. Am I crazy?

For us it was not a financial decision. There is nothing like owing nothing to anyone. The Bible says the borrower is slave to the lender. No debt = freedom.
by UncleBen
Mon Apr 09, 2018 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Cash flow problems - best way to handle?
Replies: 134
Views: 8846

Re: Cash flow problems - best way to handle?

Change your withholdings to get the extra $500-ish/month in your paycheck. Be sure to double check your 2018 liability under the new tax law. What you and your spouse purchased together is now a home that costs 53% of your take home. It's very common for the custodial parent to try to maintain the s...
by UncleBen
Mon Mar 19, 2018 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Terminal illness with small kids
Replies: 64
Views: 11544

Re: Terminal illness with small kids

I'm not sure if this is applicable in your relative's situation but many chemos, including maintenance chemos in stage 4 cause peripheral neuropathy. (This is not medical advice ;-)). If her hospital does not offer free massages, a massage gift card could be welcomed. Whole body massages are not som...
by UncleBen
Mon Mar 19, 2018 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Terminal illness with small kids
Replies: 64
Views: 11544

Re: Terminal illness with small kids

This is an organization that offers cleaning help for free. http://cleaningforareason.org/ Depending on the children's ages and mom's current health condition, the family might put together a gift of a "dream" vacation to Disney World or even something less taxing like a local attraction. Perhaps a ...
by UncleBen
Tue Mar 13, 2018 6:19 pm
Forum: Investing - Help with Personal Investments
Topic: Would YOU retire
Replies: 67
Views: 9297

Re: Would YOU retire

You seem to be in excellent financial shape to retire early. I will share some observations about medical expenses having seen my parent through heart surgery, arthritis, diabetes, dialysis, and long term care. The cost of dialysis makes long term care and heart surgery look like a trip to Starbucks...
by UncleBen
Tue Mar 13, 2018 6:21 am
Forum: Personal Consumer Issues
Topic: Being Overcharged After Seeing a Dentist
Replies: 2
Views: 711

Re: Being Overcharged After Seeing a Dentist

This is a fairly common occurrence in my experience. Just like restaurants, medical providers have a "front of the house" and a "back of the house" operation. The best food served poorly is not a pleasant dining experience. And likewise we have left quite a few dentists and doctors that we liked due...
by UncleBen
Wed Jan 17, 2018 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Wife Missed RMD for Tax Year 2017, Husband Deceased in 2017
Replies: 8
Views: 938

Re: Wife Missed RMD for Tax Year 2017, Husband Deceased in 2017

The same thing happened to my parents. We took the RMD immediately when discovered, requested the waiver and also never heard another word from the IRS.
by UncleBen
Fri Jan 05, 2018 6:54 am
Forum: Investing - Theory, News & General
Topic: Hypothetical question: Will a man who lives forever own the world?
Replies: 23
Views: 1863

Re: Hypothetical question: Will a man who lives forever own the world?

He would be very wealthy but presumably not everything is for sale inside or outside of stock markets (and hostile takeovers).
by UncleBen
Sat Dec 30, 2017 9:06 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks That Went Bust
Replies: 101
Views: 7275

Re: Individual Stocks That Went Bust

People's Express
by UncleBen
Thu Dec 28, 2017 11:56 am
Forum: Personal Finance (Not Investing)
Topic: TurboTax Prices
Replies: 186
Views: 25459

Re: TurboTax Prices

I paid $54.99 on Amazon for Turbo Premier disc today w/state and efile. Free shipping even without Prime. (5% off with your Amazon card)
by UncleBen
Sat Dec 23, 2017 8:21 pm
Forum: Investing - Theory, News & General
Topic: NavyFed IRA CDs: 32-months 2.75% APY
Replies: 24
Views: 2539

Re: NavyFed IRA CDs: 32-months 2.75% API

I think it's a pretty good deal. It's for IRA/ESA only, $50 minimum $250k max, $100 bonus if it's your first CD w/NFCU. I do think people might be hesitant to go with 32 months thinking that rates will be rising. They also have a 15 month, 2.25% CD, $50 minimum $50k max not limited to retirement acc...
by UncleBen
Sat Dec 23, 2017 7:58 pm
Forum: Personal Consumer Issues
Topic: Bounty or Kirkland brand
Replies: 25
Views: 2442

Re: Bounty or Kirkland brand

We switched to microfiber towels and only use 1, maybe 2 rolls of paper towels/year for chicken or really messy stuff. With 30-40 microfiber towels, I just put them in a basket until there is a load to do in the wash. Bounty for the few we do use.
by UncleBen
Thu Dec 21, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 58785

Re: Tax Bill Omnibus Thread

CP: I believe that if you are funding with cash, then the account may be set up immediately, with no fears of delay. It took me maybe 30 minutes to walk through the "paperwork" online. However, you may want to call them at 888-383-4483 to make sure I am right! Thanks Paul. After researching DAFs, l...
by UncleBen
Thu Dec 21, 2017 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 58785

Re: Tax Bill Omnibus Thread

The wife and I are trying to figure out the best way to handle our charitable donations given this tax reform. We have 10,000 mortgage interest (slightly declining each year). We will hit the $10,000 cap for SALT. We want to donate $10,000 to charities which should we do? 1. Donate 30,000 to a Dono...
by UncleBen
Tue Dec 19, 2017 6:04 am
Forum: Personal Finance (Not Investing)
Topic: Reposession - worth it?
Replies: 17
Views: 2200

Re: Reposession - worth it?

Absolutely don't let it get repossessed. If you want to get rid of try to get a personal loan for the difference of private party sales price and sell it yourself. +3 but before you try to get a personal loan: How much are you upside down? (I'm always amazed at the prices for used trucks.) Do you h...
by UncleBen
Mon Dec 18, 2017 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford it: Dodge Challenger
Replies: 122
Views: 7524

Re: Can I afford it: Dodge Challenger

Dave Ramsey says you can afford it if it is less than 50% of your salary AND you can pay cash. Yes, NO. Suze says you can afford it if you have an 8 month emergency fund and you finance it for 3 years or less. ?NO $34,900 @ 2.8% for 3 years = $1,011.86/month! $30k = $869.79/month Do you want a car p...
by UncleBen
Sat Dec 16, 2017 8:37 pm
Forum: Investing - Help with Personal Investments
Topic: Stop Contributing to 401(k)??
Replies: 39
Views: 4820

Re: Stop Contributing to 401(k)??

What are your marginal state and federal tax rates now?
What do you think they will be in retirement?
by UncleBen
Sat Dec 16, 2017 5:40 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on food per month, per person?
Replies: 151
Views: 10538

Re: How much do you spend on food per month, per person?

$175pp/month includes everything from the grocery store. Plant based diet except for dairy for spouse.
$100pp/month eating out. Not so much plant based then.
by UncleBen
Fri Dec 15, 2017 9:47 am
Forum: Personal Consumer Issues
Topic: Lexus RX 350 - new vs. preowned
Replies: 29
Views: 2795

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: 156
Views: 18782

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: 1226

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: 5261

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: 4492

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: 6775

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: 1143

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: 1143

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: 8190

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: 2167

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: 23
Views: 3377

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: 4210

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: 6447

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: 25
Views: 6042

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: 7927

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: 17795

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: 4560

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: 21017

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: 3460

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: 8649

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...