Search found 8071 matches

by bloom2708
Sat Sep 19, 2020 8:07 am
Forum: Personal Investments
Topic: Strategies for scenarios when using taxable with no EF
Replies: 26
Views: 1657

Re: Strategies for scenarios when using taxable with no EF

I think if you have $500k in taxable and want to go all stock index funds with just a checking account, you'd likely be fine. Even a 50% drop leaves you with $250k. Is your thinking 500k is a minimum for a taxable with no EF? Or is that just an example? In my case I was thinking 100k as the start. ...
by bloom2708
Fri Sep 18, 2020 4:35 pm
Forum: Personal Investments
Topic: Strategies for scenarios when using taxable with no EF
Replies: 26
Views: 1657

Re: Strategies for scenarios when using taxable with no EF

Taxable: Checking Account Savings Account Money Market CD Brokerage account You can have only a checking account and a brokerage account. Inside the brokerage account you could use a money market (Federal, Prime, Treasury) and stock index funds. Everything "taxable" and safe pays very little right n...
by bloom2708
Fri Sep 18, 2020 4:18 pm
Forum: Personal Investments
Topic: Rebalancing to 50/50
Replies: 49
Views: 3854

Re: Rebalancing to 50/50

My parents are 35% stocks. Mid 70s. Between 20% and 50% could all be appropriate, but I think you would be fine to move from 22 to 35 for a period of time and see how it goes. A jump to 50-50 might be too much in this current environment with so many unknowns. In fact, staying at 22% stocks might be...
by bloom2708
Fri Sep 18, 2020 4:10 pm
Forum: Personal Consumer Issues
Topic: Ring for a new girlfriend
Replies: 83
Views: 5720

Re: Ring for a new girlfriend

Black Hills Gold. Always in style. At least in the 80s it was. :confused
by bloom2708
Fri Sep 18, 2020 2:25 pm
Forum: Personal Consumer Issues
Topic: YouTube in Background on iOS14
Replies: 8
Views: 690

Re: YouTube in Background on iOS14

The best (legal) way is to subscribe to YouTube Premium.

A feature is "play in the background". :beer
by bloom2708
Fri Sep 18, 2020 11:29 am
Forum: Personal Consumer Issues
Topic: Best family cell phone plan(s) - Specific scenario
Replies: 8
Views: 786

Re: Best family cell phone plan(s) - Specific scenario

You want less data and to pay more? What about Cricket is not meeting your needs? I don't want to pay more than $100 for 4 lines and may stick with Cricket. Overall I'm pretty happy with them, but once in a while I won't receive text messages or they get delayed for a while and I think the service ...
by bloom2708
Fri Sep 18, 2020 9:30 am
Forum: Personal Consumer Issues
Topic: Best family cell phone plan(s) - Specific scenario
Replies: 8
Views: 786

Re: Best family cell phone plan(s) - Specific scenario

You want less data and to pay more? What about Cricket is not meeting your needs? $25 for unlimited all. AT&T. Is the data too slow? Upgrade to faster data for 4 for $X on the faster plan? Total Wireless has a 4 person shared data plan on Verizon for $95 with auto pay. That would require all new pho...
by bloom2708
Thu Sep 17, 2020 10:19 am
Forum: Personal Consumer Issues
Topic: Is this guy trying to scam me on a car I'm selling?
Replies: 171
Views: 12698

Re: Is this guy trying to scam me on a car I'm selling?

I've found some scammers simply want to occupy/use your time. It is almost a hobby/game to just waste time.

I would stop all communication and block anything you can.
by bloom2708
Thu Sep 17, 2020 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Refinancing with a HELOC
Replies: 10
Views: 674

Re: Refinancing with a HELOC

Can you refinance with the lender that holds the HELOC? Your best bet is to refinance and then open a HELOC with the same lender. Lender's do not want to be #2 behind the 1st mortgage. If you have an Emergency Fund and/or a decent taxable account, a HELOC isn't worth much. If you have a true emergen...
by bloom2708
Wed Sep 16, 2020 3:48 pm
Forum: Personal Investments
Topic: Throwing In The Towel on Portfolio Management
Replies: 50
Views: 5644

Re: Throwing In The Towel on Portfolio Management

Why 2 funds that do the exact same thing?

1 target Income OR 1 LifeStrategy fund. No reason to do 2 of the same thing.
by bloom2708
Wed Sep 16, 2020 11:21 am
Forum: Personal Finance (Not Investing)
Topic: Discretionary spending strategy
Replies: 21
Views: 1714

Re: Discretionary spending strategy

Dole it out in cash form.

That way you can choose to roll it over or spend it. If you buy something with a CC, deposit some cash back to checking.

If you don't like that idea, how about 2 "free checking" accounts next to your primary checking. Transfer each month. Roll or spend.
by bloom2708
Wed Sep 16, 2020 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Credit card nightmare
Replies: 12
Views: 1986

Re: Credit card nightmare

Why did you not get a new/updated credit card number for over 2 years of charges?

Merchants do thousands of transactions. Spotting fraudulent charges is difficult. Although 2 years of the same charge seems strange.
by bloom2708
Tue Sep 15, 2020 4:13 pm
Forum: Personal Consumer Issues
Topic: Too Many Monthly Digital Subscriptions - Time for Apple One?
Replies: 25
Views: 2513

Re: Too Many Monthly Digital Subscriptions - Time for Apple One?

Interesting. We have Music + iCloud backup ($14.99 + $2.99) We received a free year of Apple TV+ with the purchase of a MacBook Air. That is covered for a year. Not sure there is enough content to do solo. We gave up You Tube TV. I liked it, but not $65 worth of like. Funny, we tolerated $40, then $...
by bloom2708
Tue Sep 15, 2020 8:41 am
Forum: Personal Consumer Issues
Topic: Retirement home Job opportunity for teenager / pros cons
Replies: 18
Views: 898

Re: Retirement home Job opportunity for teenager / pros cons

My niece has this job and has done it all through the Covid.

They wear masks, wash hands often, contact is quite short, the work is pretty enjoyable.

I'd say a great job for a teenager.
by bloom2708
Mon Sep 14, 2020 11:28 am
Forum: Personal Consumer Issues
Topic: Best Streaming Service
Replies: 24
Views: 1971

Re: Best Streaming Service

Are you into sports or not? Best to compare channels, price and device availability. Roku or Fire TV or Apple TV or other. YouTube TV likely has the best experience, but they raised the price to $65/month recently. Hulu Live (or one of their bundles are pretty good. You can get Disney+ and ESPN+ in ...
by bloom2708
Mon Sep 14, 2020 10:54 am
Forum: Personal Consumer Issues
Topic: How old is a car that can still be traded in?
Replies: 52
Views: 3831

Re: How old is a car that can still be traded in?

It depends on many factors. How you value your time and how much you value an extra $1,000 or $2,000 perhaps. The dealer will certainly take it on trade. Perhaps offering a token $1,500 as an example. That same vehicle may sell for $3k private party. Especially clean, well cared for, lower mileage f...
by bloom2708
Sat Sep 12, 2020 7:48 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 5784
Views: 1380424

Re: What Movie Have You Recently Watched?

Greyhound on Apple TV +.

Tom Hanks is a WW2 battleship captain helping a fleet cross the Atlantic. U boats attacking.

Very action packed. Hanks is his usual self.

We got 12 months of + with a MacBook purchase.
by bloom2708
Fri Sep 11, 2020 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Have you seen 'Dark Web Alert - Compromised Email Address' message?
Replies: 9
Views: 1065

Re: Have you seen 'Dark Web Alert - Compromised Email Address' message?

Most likely your email and an old password is listed in a file from a data breach.

Change password, enable 2 factor.

This happened to our old yahoo email. I changed the password and use 2 factor. We do not use that email for financial type stuff.
by bloom2708
Fri Sep 11, 2020 11:19 am
Forum: Personal Consumer Issues
Topic: Managing Indoor Humidity
Replies: 62
Views: 3443

Re: Managing Indoor Humidity

I'm surprised the heating person said the heat pump would not remove humidity. A heat pump is both a heater and an air conditioning unit. Maybe he meant it won't remove humidity if you don't run it? If you set the basement to 72 or 73 (if it is typically 78), then it would certainly remove the humid...
by bloom2708
Fri Sep 11, 2020 10:42 am
Forum: Personal Consumer Issues
Topic: Subaru Outback, oil leak?
Replies: 40
Views: 1963

Re: Subaru Outback, oil leak?

What does the garage floor look like where you park it?

With nearly 100k miles, I would just manage with cardboard and checking the oil/topping off.

If your floor of your parking spot is covered, well that might be different.
by bloom2708
Fri Sep 11, 2020 9:54 am
Forum: Personal Consumer Issues
Topic: Teen Driver Addition to Insurance
Replies: 27
Views: 1920

Re: Teen Driver Addition to Insurance

Teen drivers need experience. Inexperienced at 16, 17, 18 won't change much. Get them driving. You need to find out if your insurance company pools drivers together or assigns a driver to a car. Ours assigns a driver to a car. Each of our 2 drivers (20 and 17) have a liability only, decent enough ca...
by bloom2708
Thu Sep 10, 2020 1:24 pm
Forum: Personal Consumer Issues
Topic: credit score fico 2 much lower than fico 8
Replies: 6
Views: 639

Re: credit score fico 2 much lower than fico 8

You should always pay CC off each month if you have the money. If you don't, new charges immediately accrue interest on most cards. Even low interest cards aren't low interest. There are many factors involved. History, total credit available, credit usage. If you have $7k and are using $5k, that is ...
by bloom2708
Wed Sep 09, 2020 12:36 pm
Forum: Personal Investments
Topic: tips on managing multiple accounts, especially taxable vs. non-taxable
Replies: 7
Views: 652

Re: tips on managing multiple accounts, especially taxable vs. non-taxable

Joint, taxable and Roth can all be together. Active 401k always has to be separate. You both need accounts/logins at Schwab or Vanguard or elsewhere. Roth and IRAs are always individually owned. Roth should be stock index funds. Bonds in 401k. Taxable and joint depend on time frame to use. 1-3 funds...
by bloom2708
Tue Sep 08, 2020 8:37 am
Forum: Personal Consumer Issues
Topic: Managing Indoor Humidity
Replies: 62
Views: 3443

Re: Managing Indoor Humidity

Do you have a sump pit you could drain the humidifier into? Very surprised there isn't a floor drain somewhere. Could it be covered up by flooring? Look for a low spot perhaps. This is where a 2 or multi-stage AC works well. Long runs at low fan speed. Many AC units are over-sized. They have short r...
by bloom2708
Mon Sep 07, 2020 6:22 pm
Forum: Personal Consumer Issues
Topic: Online cheap eyeglass prescription lenses...
Replies: 24
Views: 2039

Re: Online cheap eyeglass prescription lenses...

Glassesusa.com

A good mix of price and quality.

Use a buy one, get one coupon.
by bloom2708
Sun Sep 06, 2020 7:40 am
Forum: Personal Investments
Topic: Young Family - 7 Figure Inheritance
Replies: 15
Views: 2645

Re: Young Family - 7 Figure Inheritance

Switch Roths to stock index funds.

Sell a slice of taxable to Prime money market.

Beef up Emergency Fund to 12 months.

Taxable is a better EF. Roths for growth.
by bloom2708
Fri Sep 04, 2020 7:09 pm
Forum: Investing - Theory, News & General
Topic: Is it really passive index if S&P actively excludes Tesla?
Replies: 145
Views: 9968

Re: Is it really passive index if S&P actively excludes Tesla?

If Tesla can meet the profitability criteria, they would likely be added. Until then, no S&P 500. To be added to the S&P 500, the following criteria must be met: It must be a U.S. company. The market cap must be $5.3 billion or more. The public float must consist of at least 50% of outstanding shar...
by bloom2708
Fri Sep 04, 2020 7:04 pm
Forum: Investing - Theory, News & General
Topic: Is it really passive index if S&P actively excludes Tesla?
Replies: 145
Views: 9968

Re: Is it really passive index if S&P actively excludes Tesla?

If Tesla can meet the profitability criteria, they would likely be added. Until then, no S&P 500. To be added to the S&P 500, the following criteria must be met: It must be a U.S. company. The market cap must be $5.3 billion or more. The public float must consist of at least 50% of outstanding share...
by bloom2708
Fri Sep 04, 2020 6:46 pm
Forum: Personal Investments
Topic: inverse panic - aggressively buying dips
Replies: 11
Views: 1307

Re: inverse panic - aggressively buying dips

If you invest when you have the money to invest, no need to wait until payday. Most people get paid and then have extra money to invest. If you had $5k sitting, investing "today" is the best day. If your IPS says "buy bi-weekly" that may be too restrictive. I got some stock awards. Came on a Tuesday...
by bloom2708
Fri Sep 04, 2020 5:53 pm
Forum: Personal Investments
Topic: How to transfer a Roth 401k into Roth IRA and taxes
Replies: 6
Views: 582

Re: How to transfer a Roth 401k into Roth IRA and taxes

Have Fidelity pull the money into your Roth IRA. Always contact the company receiving the funds. Fidelity will check funds and initiate or show you how to initiate the transfer. There should be no tax due on Roth 401k > Roth IRA. Match/pre-tax would go to a Rollover Traditional IRA. Or you could con...
by bloom2708
Fri Sep 04, 2020 1:55 pm
Forum: Personal Consumer Issues
Topic: Cell phone plan unlimited phone and text, very little data
Replies: 22
Views: 1315

Re: Cell phone plan unlimited phone and text, very little data

Another for Red Pocket mobile 360. Pick AT&T (Blue) or Verizon (Red). Whichever has the best coverage for your area. $169 for the whole year. Unlimited/Unlimited/1GB/month data. https://www.ebay.com/itm/14-08-Mo-Red-Pocket-Prepaid-Wireless-Phone-Plan-Kit-1K-Talk-Unlmtd-Text-1GB/133058354469?var=4323...
by bloom2708
Fri Sep 04, 2020 1:16 pm
Forum: Investing - Theory, News & General
Topic: Why should I be investing in a down or downing market for retirement?
Replies: 37
Views: 3096

Re: Why should I be investing in a down or downing market for retirement?

Those that got out in March and/or stopped contributing in March understand why you just keep investing.

You put the "personal" in personal finance. That is the great thing, you can try your ideas and see how they work.
by bloom2708
Fri Sep 04, 2020 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: How Much House Can We Afford in HCOL Area?
Replies: 300
Views: 18649

Re: How Much House Can We Afford in HCOL Area?

I think a lot of people out there just buy it and then try to figure it out. This may be one of those cases. Want house, buy house. Get a good home inspection and make sure the foundation is solid. With Covid still flourishing, I'd rent a bigger place for a year or 2. Stash cash. Then you are in con...
by bloom2708
Fri Sep 04, 2020 10:25 am
Forum: Personal Consumer Issues
Topic: Surge protector power strip - what to look for?
Replies: 49
Views: 2822

Re: Surge protector power strip - what to look for?

This style works pretty good as the ends are sometime various sizes.

https://www.amazon.com/Accell-PowerSqui ... 62&sr=8-10

Especially if you can hide it behind a desk or out of sight.
by bloom2708
Thu Sep 03, 2020 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Getting out of a recently purchased condo
Replies: 32
Views: 4996

Re: Getting out of a recently purchased condo

OP, can you expand on the neighbor issues and neighborhood issues? It is more for my information and knowledge building. Structural issues can be solved (with money). You made a very large commitment and with the condo purchase. I know I've been "fed up" with small things and just disposed of them ...
by bloom2708
Thu Sep 03, 2020 3:46 pm
Forum: Personal Investments
Topic: What Apps (if any) can link to a Vanguard account?
Replies: 9
Views: 874

Re: What Apps (if any) can link to a Vanguard account?

To add to the original question, what apps can link when one has two factor enabled? I have two factor enabled at Vanguard and at Personal Capital. Some accounts remember your settings, others require a 2 factor code inside of PC when syncing. Paypal, Kohls CC both require a code for every log in. ...
by bloom2708
Thu Sep 03, 2020 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Getting out of a recently purchased condo
Replies: 32
Views: 4996

Re: Getting out of a recently purchased condo

OP, can you expand on the neighbor issues and neighborhood issues? It is more for my information and knowledge building. Structural issues can be solved (with money). You made a very large commitment and with the condo purchase. I know I've been "fed up" with small things and just disposed of them o...
by bloom2708
Thu Sep 03, 2020 2:38 pm
Forum: Personal Investments
Topic: How much can i contribute to my Roth IRA
Replies: 4
Views: 241

Re: How much can i contribute to my Roth IRA

If you are under 50 you can put in $6k. Over 50 $7k.

Regular front door or back door Roth if you end up over the limit.

Back door only if you have no Traditional/Rollover IRAs.
by bloom2708
Thu Sep 03, 2020 1:55 pm
Forum: Personal Investments
Topic: What would you do? [Portfolio Review]
Replies: 4
Views: 710

Re: What would you do?

I'd likely be 15% bonds at 36.

The nice thing about passing $1 million is you might get to do it 4-5 times due to market gyrations before your savings rate gets it to hold.

The market gives and takes at times.

If you add bonds in your 401ks, there is no tax consequence.
by bloom2708
Thu Sep 03, 2020 10:58 am
Forum: Personal Consumer Issues
Topic: To Join a Gym or Not After 70? Type of Gym? Are Fitness Goals Achievable?
Replies: 70
Views: 4228

Re: To Join a Gym or Not? Type of Gym? Are Fitness Goals Achievable?

Perhaps start with a home routine. See if you stick with it. I have a set of adjustable dumbbell weights. I do some light yoga stretches as a warmup. 1. Pushups 2. Arm curls 3. Shoulder shrugs 4. Squats with dumbbells 5. Ab crunches 6. Glute presses (I do 2 leg and 1 leg) 7. Overhead press with dumb...
by bloom2708
Thu Sep 03, 2020 10:05 am
Forum: Personal Investments
Topic: To backdoor Roth or not to backdoor Roth
Replies: 11
Views: 784

Re: To backdoor Roth or not to backdoor Roth

Those $6k blobs add up after 25, 30 years.

Tax free growth. I'd do it if you have $6k. Once you fill out form 8606 once, you have it to look back on every year. Open book test.
by bloom2708
Thu Sep 03, 2020 8:29 am
Forum: Personal Consumer Issues
Topic: Roku vs Amazon Firestick Content
Replies: 23
Views: 1710

Re: Roku vs Amazon Firestick Content

If you are Amazon Prime subscribers, the Fire TV Cube or Stick makes sense. You get the Prime TV and Movie content built in. I always choose the Cube or Box for the primary TV. It is faster (more RAM, better processor). For Secondary TVs, the sticks are fine. Otherwise it is a 50-50 pick. The 2nd Ge...
by bloom2708
Wed Sep 02, 2020 7:17 pm
Forum: Personal Finance (Not Investing)
Topic: Another mortgage 10% down, does it check out?
Replies: 1
Views: 371

Re: Another mortgage 10% down, does it check out?

The problem is stock returns are not linear, not guaranteed and 5% might work over the long run, over 5 years it might be -5%.

With a jumbo I would put 20% down. Take the sure thing.
by bloom2708
Wed Sep 02, 2020 7:05 pm
Forum: Personal Investments
Topic: What Apps (if any) can link to a Vanguard account?
Replies: 9
Views: 874

Re: What Apps (if any) can link to a Vanguard account?

Personal Capital is what I use.

Mint works with Vanguard.
by bloom2708
Wed Sep 02, 2020 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Getting out of a recently purchased condo
Replies: 32
Views: 4996

Re: Getting out of a recently purchased condo

List it for $1.6. Take a lower offer. You bought it so another buyer is likely at the right price. If it had been on the market for months I could see worrying. Right now. Declutter, clean and get it listed. One step at a time. You my try another realtor. I’m not impressed by a realtor telling you i...
by bloom2708
Wed Sep 02, 2020 4:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard to shift accounts to brokerage?
Replies: 76
Views: 3759

Re: Vanguard to shift accounts to brokerage?

I'm confused as to why anyone resists this change? Old timers that think something bad will happen? +1 I self converted all our accounts. Happy to "remove" all the dangling 0.00 accounts. Much less confusing. Less accounts. I know you lose a couple features, but I never used them. Happy to have mov...
by bloom2708
Wed Sep 02, 2020 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Should I do family loan?
Replies: 38
Views: 2848

Re: Should I do family loan?

If you can/want to help with the down payment, gift them the money.

Another loan (to family or other) won't help set them up for success.
by bloom2708
Wed Sep 02, 2020 9:17 am
Forum: Personal Investments
Topic: 2 Fund portfolio Bond question
Replies: 15
Views: 739

Re: 2 Fund portfolio Bond question

Stay where you are at.

If you want less risk than Total US Bond, you could do 50% Total US Bond and 50% Short-Term Treasury Index (for your bond portion).

I do not think now is the time to go long on bonds. If/when rates rise, long bonds will take a beating.
by bloom2708
Tue Sep 01, 2020 3:16 pm
Forum: Investing - Theory, News & General
Topic: 'safe' investment
Replies: 11
Views: 1032

Re: 'safe' investment

Put your Roth back to 100% stocks. Increase the amount in the G fund.
by bloom2708
Tue Sep 01, 2020 3:06 pm
Forum: Personal Investments
Topic: Husband doesn’t want to follow my investment plan
Replies: 47
Views: 4845

Re: Husband doesn’t want to follow my investment plan

Have your husband create a Bogleheads login. Have him join the party. :moneybag https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_philosophy "Read only" for 90 days while he reads up on topics. If he is very interested, he will find plenty of good content here. Congrats on the upcoming baby.