Search found 618 matches

by BogleBoogie
Sat Aug 24, 2019 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Why are you NOT buying rental properties?
Replies: 563
Views: 51926

Re: Why are you NOT buying rental properties?

I'm personally not for these reasons: 1. I'm not handy so there will be zero "sweat equity" that would help boost the investment. 2. I'm already employed full time, I don't want additional work. 3. In my area after the downpayment, I would at best break even each month between rent income and mortga...
by BogleBoogie
Fri Aug 02, 2019 2:27 pm
Forum: Personal Consumer Issues
Topic: Insane to buy a sports car?
Replies: 215
Views: 10445

Re: Insane to buy a sports car?

Your financial situation seems pretty ripe for this purchase, especially given how much joy the car will bring given what you've expressed. Subjectively I would be leaning towards the newly redesigned mid engine Corvette. I've shown my wife plenty of photos of the 2020, but we are not anywhere near ...
by BogleBoogie
Thu Aug 01, 2019 10:50 pm
Forum: Investing - Theory, News & General
Topic: Boglehead Complacency
Replies: 77
Views: 6136

Re: Boglehead Complacency

I'll never get these 9 minutes back.
by BogleBoogie
Thu Aug 01, 2019 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Ethics of "bonus payback" when quitting a job
Replies: 157
Views: 9720

Re: Ethics of "bonus payback" when quitting a job

There is no ethics related scenario. If company made the employee sign the contract, then it is the company that will tell how they will take it back or deduct from final payouts and such. I dont think it is the employee responsibility to decide on the amount (gross or net pay) and the process and ...
by BogleBoogie
Sun Jul 28, 2019 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)
Replies: 95
Views: 11627

Re: Marcus Bank 1% Bonus for New Funds up to $50k ($500 bonus)

with Vanguard federal money market VMFXX paying a 7-day SEC yeild of 2.26%, is this promotion really worth all the moving money around, setting up a new account, etc? Seems like a lot of work for not much more return. $1000 is worth it for 15 minutes of my time ($500 x 2 account for me, account for...
by BogleBoogie
Sat Jul 27, 2019 6:54 pm
Forum: Personal Investments
Topic: Retire with Less Than $1 million?
Replies: 85
Views: 16324

Re: Retire with Less Than $1 million?

I see a lot of big numbers on this site. I'm wondering -- is anyone expecting to retire with *less* than one million dollars? Is it doable? I expect to have somewhere between 650K-800K when I retire. My expenses are about $33,000 per year with ten years to go. House will be paid off. No other debt....
by BogleBoogie
Mon Jul 15, 2019 10:17 pm
Forum: Personal Consumer Issues
Topic: New car?
Replies: 49
Views: 4796

Re: New car?

BogleBoogie - I did not keep the receipts for gas purchases. Since 1975 upon returning to the states from an overseas tour of duty I have purchased an "At-A-Glance" auto record book for each new car purchased thereafter and recorded on a quarterly or semi-annual basis the mileage, amount of gas pur...
by BogleBoogie
Fri Jun 28, 2019 10:37 am
Forum: Personal Investments
Topic: Expected returns for 80/20 stock bond for next 10 years.
Replies: 184
Views: 18344

Re: Expected returns for 80/20 stock bond for next 10 years.

I understand. Recency bias is very real in financial expectations. It’s common for investors to expect high returns after a ten year period of high returns. With Timelord's question on using the VG data from 1926-2017 average return, how does that relate to recency bias? That seems like it would be...
by BogleBoogie
Thu Jun 27, 2019 7:49 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks .. talk me out of it
Replies: 31
Views: 2081

Re: Individual Stocks .. talk me out of it

You might do much better than all of us who simply diversify with index funds.
by BogleBoogie
Sat Jun 15, 2019 10:38 pm
Forum: Personal Investments
Topic: Should I invest 100k into a total index or do it slowly
Replies: 50
Views: 5220

Re: Should I invest 100k into a total index or do it slowly

Only time will tell definitively which option is better (DCA or lump sum). Statistically you should lump sum, set it and forget it.
by BogleBoogie
Sun Jun 09, 2019 8:21 pm
Forum: Investing - Theory, News & General
Topic: AA : willingness, ability, need
Replies: 24
Views: 1956

Re: AA : willingness, ability, need

Take the quiz on the Vanguard website, use as a tool to guide you for now. Adjust later. Savings rate far more important than your AA.
by BogleBoogie
Sat Jun 08, 2019 10:23 pm
Forum: Personal Finance (Not Investing)
Topic: Do you carry Umbrella Insurance?
Replies: 142
Views: 9664

Re: Do you carry Umbrella Insurance?

$1M on top of home/auto that already carries $1M. That is far greater than my net worth. My thought process is I don't want an event to wipe out my net worth (Probably about $700Kish net worth).
by BogleBoogie
Sat Jun 01, 2019 10:18 pm
Forum: Personal Consumer Issues
Topic: Apple - Old Product Boxes - Keep or Dispose?
Replies: 48
Views: 6527

Re: Apple - Old Product Boxes - Keep or Dispose?

runner3081 wrote:
Fri Nov 09, 2018 7:27 pm
Sell them on eBay. Seriously.

Look at sold listings, you would be amazed on some of the prices.
This. Plus the boxes bring in more money.
by BogleBoogie
Wed May 29, 2019 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford this 2.3 million dollar home?
Replies: 273
Views: 27126

Re: Can I afford this 2.3 million dollar home?

As others have said, this is really a question of debt to income ratio. You are talking about a house that is around 2x your annual salary. My loan is around 3x my salary, so that said you can afford it using the math I use for affordability. Lots of technical questions on here about stairs, and cus...
by BogleBoogie
Mon May 27, 2019 8:47 am
Forum: Personal Finance (Not Investing)
Topic: House not selling
Replies: 138
Views: 11617

Re: House not selling

I've found it VERY difficult to evaluate the home you have lived in. You don't notice things that need freshening up as you've grown numb to them. A couple of things that I've found helpful are a very honest realtor who will tell you what you need to know. We had to put thousands into our house to g...
by BogleBoogie
Sun May 26, 2019 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: 4M 70K expenses would you stop?
Replies: 105
Views: 11080

Re: 4M 70K expenses would you stop?

Traveler wrote:
Sat May 25, 2019 2:01 pm
Why is this even a question? If these people can't retire, then 99% of Americans can't retire and people do it every single day.
+1 (?)
by BogleBoogie
Sun May 26, 2019 9:05 am
Forum: Investing - Theory, News & General
Topic: "A Set-It-and-Forget-It Target-Date Series From Vanguard"
Replies: 120
Views: 14127

Re: "A Set-It-and-Forget-It Target-Date Series From Vanguard"

I think the Target-Date funds are very overrated. siamond: Are you an adviser? Many adviser's don't like Target Date funds because Target Date portfolios, designed by company experts, make it difficult for adviser's to make money using them. Please read the link in my opening post (OP) to the Morni...
by BogleBoogie
Sat May 04, 2019 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Should I sell stock and trigger capital gains or spend my emergency fund?
Replies: 15
Views: 1843

Re: Should I sell stock and trigger capital gains or spend my emergency fund?

Transfer the winnings from the individual stocks into the home renovation which adds value to your house. One investment to another, but the home will be less volatile!
by BogleBoogie
Sat May 04, 2019 3:14 pm
Forum: Personal Investments
Topic: At 28, I Don't See How I Can Make Any Projections for My Retirement Amount or Age?
Replies: 83
Views: 6675

Re: At 28, I Don't See How I Can Make Any Projections for My Retirement Amount or Age?

KlangFool wrote:
Fri May 03, 2019 2:08 pm
OP,

Why so complicated? If you save 1 year of current annual expense every year, you will be FI in about 20+ years. So, why do you need to think about retirement at retirement age?

KlangFool
This.
by BogleBoogie
Sun Apr 21, 2019 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house without a realtor
Replies: 49
Views: 4811

Re: Buying a house without a realtor

Has anyone bought a house without a realtor? A kinda awkward situation developed (realtor with myself and another client and we both wanted to place an offer but the other client chose to place first). The realtor stated it would be a conflict of interest to represent both parties which I think is ...
by BogleBoogie
Mon Apr 15, 2019 8:03 am
Forum: Personal Consumer Issues
Topic: Soon to be dad, how to prepare
Replies: 127
Views: 6709

Re: Soon to be dad, how to prepare

Buy the book Baby Wise. You won't regret it.

https://www.amazon.com/Becoming-Babywis ... way&sr=8-1
by BogleBoogie
Sun Apr 14, 2019 9:51 pm
Forum: Investing - Theory, News & General
Topic: Does 100% stocks make sense for very high net worth individuals
Replies: 126
Views: 13488

Re: Does 100% stocks make sense for very high net worth individuals

Funny how these type of threads tend to heat up when the market is real high, however when the market is down they are more scarce :confused
by BogleBoogie
Sat Apr 06, 2019 2:45 pm
Forum: Personal Investments
Topic: Helping Kids with Home Purchase
Replies: 77
Views: 6142

Re: Helping Kids with Home Purchase

Don't co-sign, this is an agreement between THEM and the BANK. If you want to help, gift a portion for downpayment. Know that there is always the possibility that they sell and not buy again and you don't see that gift, which you should be OK with going into this.
by BogleBoogie
Fri Apr 05, 2019 11:25 am
Forum: Personal Consumer Issues
Topic: trade in or sell 2007 Toyota Camry?
Replies: 15
Views: 1159

Re: trade in or sell 2007 Toyota Camry?

vu8 wrote:
Fri Apr 05, 2019 11:15 am
They'll trade you in for 2500 and resell it for 7500. Why not keep it until it dies?
+1 - Get your full value out of it. You've maintained it well which is a great benefit.
by BogleBoogie
Fri Apr 05, 2019 8:51 am
Forum: Personal Consumer Issues
Topic: Wood vs Laminate Flooring
Replies: 56
Views: 4388

Re: Wood vs Laminate Flooring

Knowing you are going to sell in 5 years or less, go laminate. Wood is superior but you wont get to enjoy that extra cost and it wont increase your sale price if all of the other homes have laminate. How do you know that if all things are equal, the house with real wood floors won't fetch more than...
by BogleBoogie
Mon Apr 01, 2019 4:06 pm
Forum: Personal Consumer Issues
Topic: Wood vs Laminate Flooring
Replies: 56
Views: 4388

Re: Wood vs Laminate Flooring

Knowing you are going to sell in 5 years or less, go laminate. Wood is superior but you wont get to enjoy that extra cost and it wont increase your sale price if all of the other homes have laminate. How do you know that if all things are equal, the house with real wood floors won't fetch more than...
by BogleBoogie
Mon Apr 01, 2019 8:20 am
Forum: Personal Consumer Issues
Topic: Wood vs Laminate Flooring
Replies: 56
Views: 4388

Re: Wood vs Laminate Flooring

You're less likely to regret going the extra mile on the touches, especially when it comes time to sell.
by BogleBoogie
Sun Mar 31, 2019 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Refinance Mortgage? Currently at 4.75%
Replies: 21
Views: 2512

Re: Should I Refinance Mortgage? Currently at 4.75%

For 25 year 4% versus a 3.875% to get a 20 year loan, I would opt for the 25 year. The 1/8th of a point isn't worth the flexibility the 25 year provides you. You can pay more on top of your P&I on the 25 if you want to save on interest and shorten the loan.
by BogleBoogie
Sun Mar 31, 2019 1:48 pm
Forum: Personal Consumer Issues
Topic: Men's no iron dress shirt recommendations
Replies: 88
Views: 9448

Re: Men's no iron dress shirt recommendations

Costco dress shirt and don't iron it. Live with the stigma of having a few wrinkles but cost wise, you can't beat it.
by BogleBoogie
Sun Mar 31, 2019 8:44 am
Forum: Investing - Theory, News & General
Topic: That's enough for me in 2019
Replies: 810
Views: 89521

Re: That's enough for me in 2019

Don't know why a market timer would be on this forum since 2007. Don't know the purpose of proclaiming to the forum that you went to cash. Don't know what the mood on the forum has to do with where the market is going. 5 minutes I can't get back... I don't know the purpose other than perhaps postin...
by BogleBoogie
Sat Mar 02, 2019 3:16 pm
Forum: Personal Consumer Issues
Topic: Sellers beware on eBay.
Replies: 92
Views: 8935

Re: Sellers beware on eBay.

Sounds like you ran into some bad luck. I've got over 1000 transactions on eBay selling and buying things as small as $10 and up to $15,000. Aside from a few hiccups, I haven't run into anyone who has all out conned me or abuse the policy.
by BogleBoogie
Fri Feb 22, 2019 7:01 pm
Forum: Personal Investments
Topic: Check-in for Military Family, Goal: FIRE in 8 yrs
Replies: 9
Views: 1433

Re: Check-in for Military Family, Goal: FIRE in 8 yrs

For #6, would 2 accounts cause the same amount of money total to not compound the same?
by BogleBoogie
Thu Feb 21, 2019 8:32 pm
Forum: Personal Consumer Issues
Topic: Do you tip the guys at Home Depot?
Replies: 80
Views: 5226

Re: Do you tip the guys at Home Depot?

As I posted on a thread last year, I had a garage door installed and a load of junk hauled away. When I paid the bills, their screens required that I press either "TIP" (then fill in the amount) or "NO TIP". I hate that guilt trip they try to give you. At Chipotle, they have the tip jar on the coun...
by BogleBoogie
Thu Feb 21, 2019 8:31 pm
Forum: Personal Consumer Issues
Topic: Do you tip the guys at Home Depot?
Replies: 80
Views: 5226

Re: Do you tip the guys at Home Depot?

Absolutely not, I had one loaded a few months ago and that thought never crossed my mind.
by BogleBoogie
Fri Feb 15, 2019 8:08 pm
Forum: Personal Consumer Issues
Topic: Mazda Miata as Daily Commute Fun Car?
Replies: 94
Views: 5418

Re: Mazda Miata as Daily Commute Fun Car?

Of course this is all opinion, but I would be looking at a Civic SI or VW GTI before I considered a Miata. I don't view those as sports cars or fun to drive. They seem more like a scooter (fun to ride but not wanting to be seen on one!). What an asinine comment. Go to a club track meet and see whic...
by BogleBoogie
Fri Feb 15, 2019 8:07 pm
Forum: Personal Investments
Topic: Holding too much cash now?
Replies: 34
Views: 4120

Re: Holding too much cash now?

Stocks aren't a 4 year purchase. The general consensus on this site seems to be don't invest in something that you aren't prepared to hold for 10+ years. To me stocks are a minimum 10-15 year investment. This is such a popular misconception on this forum. People are either unreasonably risk averse ...
by BogleBoogie
Tue Feb 12, 2019 8:18 am
Forum: Personal Investments
Topic: Holding too much cash now?
Replies: 34
Views: 4120

Re: Holding too much cash now?

Stocks aren't a 4 year purchase. The general consensus on this site seems to be don't invest in something that you aren't prepared to hold for 10+ years. If you've essentially won the game, consider not playing. You haven't provided enough information for anyone to provide a definitive answer here, ...
by BogleBoogie
Mon Feb 04, 2019 8:25 pm
Forum: Personal Consumer Issues
Topic: Mazda Miata as Daily Commute Fun Car?
Replies: 94
Views: 5418

Re: Mazda Miata as Daily Commute Fun Car?

Of course this is all opinion, but I would be looking at a Civic SI or VW GTI before I considered a Miata. I don't view those as sports cars or fun to drive. They seem more like a scooter (fun to ride but not wanting to be seen on one!). That's not the way I remember that joke. :D :P :P :P :P :P
by BogleBoogie
Sun Feb 03, 2019 7:20 pm
Forum: Personal Consumer Issues
Topic: Mazda Miata as Daily Commute Fun Car?
Replies: 94
Views: 5418

Re: Mazda Miata as Daily Commute Fun Car?

Of course this is all opinion, but I would be looking at a Civic SI or VW GTI before I considered a Miata. I don't view those as sports cars or fun to drive. They seem more like a scooter (fun to ride but not wanting to be seen on one!).
by BogleBoogie
Fri Feb 01, 2019 10:21 pm
Forum: Investing - Theory, News & General
Topic: Will there be a slide in quality now that Mr. Bogle has died?
Replies: 17
Views: 2071

Re: Will there be a slide in quality now that Mr. Bogle has died?

The quality has already suffered during his lifetime, and hopefully discussions can happen to turn it around. The quality of what? The funds? The governance structure? The IT systems? The customer service? I would contend that the funds themselves are in fine shape. Same question. That was a broad ...
by BogleBoogie
Sat Jan 26, 2019 9:20 am
Forum: Personal Investments
Topic: 38, starting out, and overwhelmed
Replies: 15
Views: 1380

Re: 38, starting out, and overwhelmed

Welcome to Bogleheads! My first question, given your scenario, is WHY do you want to buy a house? There are some great threads on here that discuss the positives and negatives to home ownership. The consensus seems to be that from a financial standpoint, renting tends to be a better choice in terms ...
by BogleBoogie
Fri Jan 25, 2019 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 790
Views: 108851

Re: How much money do you want to retire?

40, $1M. Can't assume zero pension here when I've saved and adjusted my AA taking my pension into consideration. My pension should cover all expenses and kicks in early 50's.
by BogleBoogie
Mon Jan 14, 2019 9:44 pm
Forum: Personal Investments
Topic: I'm the noobiest noob
Replies: 16
Views: 1769

Re: I'm the noobiest noob

Accumulation phase...you should be happy for it to drop a bit so you can buy on sale.
by BogleBoogie
Sun Jan 13, 2019 10:11 am
Forum: Personal Investments
Topic: Roth vs traditional 401k
Replies: 19
Views: 699

Re: Roth vs traditional 401k

I don't personally fear that the Roth IRAs that are funded are in danger of being "raided", but I do often wonder if there will be a point in time where contributing to them will no longer be an option. That is one of many reasons I'm utilizing one now, in addition to traditional accounts.
by BogleBoogie
Sat Jan 12, 2019 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Is buying a $700K first home crazy?
Replies: 70
Views: 7662

Re: Is buying a $700K first home crazy?

KlangFool wrote:
Wed Jan 09, 2019 9:49 pm
TropikThunder wrote:
Wed Jan 09, 2019 9:33 pm
KlangFool wrote:
Wed Jan 09, 2019 12:16 pm
I do not see what do you get out of buying a house. You could spend the money elsewhere with a lot more fun
That's not for you to say.
TropikThunder,

I am entitled to my own opinion. It is up to OP to decide whether it is worthwhile.

KlangFool
Yep.
by BogleBoogie
Sat Jan 12, 2019 3:51 pm
Forum: Personal Consumer Issues
Topic: 30" or 36" induction range for remodel?
Replies: 45
Views: 3574

Re: 30" or 36" induction range for remodel?

What do you need? Is this mostly for looks, or do you do a lot of cooking that requires 6 burners at the same time? We have a nice 30 inch higher end range with 4 burners with a big oven. We rarely use more than 2 burners at a time. I doubt we have ever used 4 at the same time -- and we cook a lot,...
by BogleBoogie
Tue Jan 08, 2019 11:45 pm
Forum: Investing - Theory, News & General
Topic: Talk me out of a 60/40 AA
Replies: 103
Views: 15748

Re: Talk me out of a 60/40 AA

Same AA here using same logic. I am close in age, though behind you considerably with total saved and savings rate. I like 60/40!