Search found 123 matches

by WalterMitty
Tue Nov 06, 2018 1:20 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 3405
Views: 1013826

Re: What Book Are You Currently Reading? Part VI

I'm not sure he ever matched The Firm, with a few of the crucial twists and turns. RM Yeah, that one is at the top of my list. I enjoyed the complexity of it and the world he built in around the law firm. For sure. Such a great book. Wish I could go back and read it again for the first time. Yeah, ...
by WalterMitty
Tue Nov 06, 2018 1:04 pm
Forum: Personal Consumer Issues
Topic: Please help me with my car decision
Replies: 42
Views: 3365

Re: Please help me with my car decision

Bogleheads, Thank you for all you do. I would appreciate your kind advice: Situation: 1. I drive 3 miles to work most days. Sometimes 7 miles. Very occasionally 60 miles to cover distant hospital. Maybe 5x a year. Not in winter usually. I drive a Porsche for about 7 months a year. 2 seater rwd. 2. ...
by WalterMitty
Thu Mar 29, 2018 12:54 pm
Forum: Personal Consumer Issues
Topic: Porsche 911 & Carmax?
Replies: 13
Views: 3210

Porsche 911 & Carmax?

To the BH Porsche 911 owners, have you ever cross shopped, or purchased your Porsche from Carmax? Still a big TBD if I will actually get a Porsche, but I've been shopping them a bit online (local dealers websites too). To my surprise, Carmax has 911s, so I'm curious if others have had any experience...
by WalterMitty
Mon Feb 19, 2018 2:58 pm
Forum: Personal Consumer Issues
Topic: Washer/Dryer longevity ?
Replies: 69
Views: 7377

Re: Washer/Dryer longevity ?

So much depends on what's wrong. When our 20+ year old dryer abruptly stopped working, we called in the appliance repair guy and he said that honestly he thinks that my old Maytag washer and dryer (both purchased in 1988 or so) are better than anything currently on the market. He repaired it (repla...
by WalterMitty
Thu Feb 15, 2018 10:55 am
Forum: Personal Consumer Issues
Topic: Unfinished basement ideas
Replies: 41
Views: 5743

Re: Unfinished basement ideas

Bogleheads, I'm looking for some creative ideas for budget friendly basement improvements. We have a 2300 sqft, 9 ft tall unfinished basement that is literally empty and unused. I'm interested in making this space clean and usable for kids play area, personal gym, etc without breaking the bank. I'm...
by WalterMitty
Thu Feb 15, 2018 10:39 am
Forum: Personal Consumer Issues
Topic: Used car - warranty or no?
Replies: 24
Views: 1434

Re: Used car - warranty or no?

I assume you have a typo in your first sentence.

I think it depends on the car. If you're buying a luxury car, where repairs can be expensive, I would by a CPO and pop for the extended warranty.
by WalterMitty
Wed Feb 14, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: New cars or Pool?
Replies: 71
Views: 7087

Re: New cars or Pool?

Pool. If you are pool people, and will use it, go for it. We put one in back in 2013 and love it. Our kids are in sports year around so taking family vacations or going to a lake house wasn't a real possibility. Now, when the kids had say a local softball or baseball tournament all day...let's end t...
by WalterMitty
Wed Feb 14, 2018 11:25 am
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 119
Views: 12766

Re: Honda vs. Toyota: Which has more bang for the buck?

If you're going to be shuttling two kids around, and possibly their stuff and once in a while their friends, I would get the RAV or CRV. Test drive both, and see which one you like the best given the overall package and costs. These little SUVs are amazing well rounded....for not a ton of money, the...
by WalterMitty
Tue Feb 13, 2018 2:50 pm
Forum: Personal Consumer Issues
Topic: Help me help my niece (College costs, financial aid, etc)
Replies: 41
Views: 3114

Re: Help me help my niece (College costs, financial aid, etc)

This thread is a small slice of what's going on with the $1.3 trillion in school debt that today's youth (and not so youthful) are drowning in. I totally support folks who want to pursue their passion, money making be damned, just so long as they do it with eyes wide open. I read article after artic...
by WalterMitty
Tue Feb 13, 2018 2:41 pm
Forum: Personal Consumer Issues
Topic: Help me help my niece (College costs, financial aid, etc)
Replies: 41
Views: 3114

Re: Help me help my niece (College costs, financial aid, etc)

My sister got her art degree and found that her former jobs in food service and retail paid more than anything she could find in her field. She took a 6 month paralegal course and has worked in that field for over 30 years. She's given us nice drawings of our cats . I understand that this is probab...
by WalterMitty
Tue Feb 13, 2018 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 169
Views: 20229

Re: Number at which to stop worrying

I think my "worry index" could be best graphed using a bell curve. Stage 1: When I was young, and made very little, and even though I had a negative networth, there wasn't much worry. I was just starting out, and there wasn't much room to go down. As they say, when you are sleeping on the floor, it'...
by WalterMitty
Mon Feb 12, 2018 4:07 pm
Forum: Personal Consumer Issues
Topic: Who has had a pool?
Replies: 79
Views: 5342

Re: Who has had a pool?

We have an in ground pool, installed in 2013. We waited until some financial goals were met and then pulled the trigger on it. My two cents... 1) We love it. 4 out of 5 of us are true water people. I have a friend that has one and while his kids go, he never does. Once in awhile, he will jump in to ...
by WalterMitty
Tue Feb 06, 2018 6:16 pm
Forum: Personal Consumer Issues
Topic: Want a Safe Car, Feel Guilty
Replies: 72
Views: 6200

Re: Want a Safe Car, Feel Guilty

I know you said sedan, but have you considered the Lexus RX? Many falsely assume getting into a sedan is absolutely easier than all other types. My pops is 79 and drives a minivan, and it's much easier for him to get into than a sedan...sedans are too low. With the van (and many smaller SUVs), the ...
by WalterMitty
Tue Feb 06, 2018 6:11 pm
Forum: Personal Consumer Issues
Topic: Want a Safe Car, Feel Guilty
Replies: 72
Views: 6200

Re: Want a Safe Car, Feel Guilty

Even a cheap new corolla is safer than a 10 year old luxury car. Sorry, but as an engineer, this is just not true. Vehicle mass is the single biggest factor in survivability, not fancy features that the marketing departments are selling. Look at the fatality rates: Highest are the econo-boxes (not ...
by WalterMitty
Tue Feb 06, 2018 6:01 pm
Forum: Personal Consumer Issues
Topic: Want a Safe Car, Feel Guilty
Replies: 72
Views: 6200

Re: Want a Safe Car, Feel Guilty

I know you said sedan, but have you considered the Lexus RX? Many falsely assume getting into a sedan is absolutely easier than all other types. My pops is 79 and drives a minivan, and it's much easier for him to get into than a sedan...sedans are too low. With the van (and many smaller SUVs), the s...
by WalterMitty
Tue Feb 06, 2018 5:44 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 433
Views: 57312

Re: Flaunt Your High-Mileage Car

2006 Toyota Tundra: 184,000 miles

Bought it new, love the truck.
by WalterMitty
Thu Jan 18, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Let's hear (or see) your budget tools
Replies: 12
Views: 1811

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

I did Quicken for years when we were first married, tried to track every dollar. It was a worthwhile exercise, but for me I came to a couple of realizations.... 1) The vast majority of our spending was "fixed costs" or "nondiscresionary". Mortgage, gas, electric, insurance, etc. So while the trackin...
by WalterMitty
Thu Jan 18, 2018 2:42 pm
Forum: Personal Consumer Issues
Topic: London/Paris Trip Questions
Replies: 41
Views: 2446

Re: London/Paris Trip Questions

Hi there! I have a few questions that I hope you can help me with. I am planning a 10-day trip to London and Paris this June with my family (2 adults & a 6 year old). We will split the time equally between the two locations. I have never been to Europe and literally know nothing about it. I did som...
by WalterMitty
Mon Jan 01, 2018 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: What is your threshold for paying down debt?
Replies: 89
Views: 7098

Re: What is your threshold for paying down debt?

Thanks everyone for the posts. Like a lot of stuff in personal finance it truly is a "personal" decision. Let's see: We had a car loan at 0.9%. No prepayment on that. We have student loans at 1.625%. No prepayment on those. We had an ARM at 2.625%, fully deductible (would no longer be in 2018), and...
by WalterMitty
Mon Jan 01, 2018 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: What is your threshold for paying down debt?
Replies: 89
Views: 7098

Re: What is your threshold for paying down debt?

I think it comes down to “know thy self”. After getting way over my head in debt at the beginning of my working career, mixed with working for a horrible boss, I felt totally vulnerable and vowed not to let that happen again. That experience, mixed with some financial reading at that time (Debt Free...
by WalterMitty
Wed Dec 20, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford it: Dodge Challenger
Replies: 122
Views: 8055

Re: Can I afford it: Dodge Challenger

OP: What do you drive now? I lease a Kia and that’s coming due soon. Gotcha. If not a Challenger, what will you purchase or lease? The difference between the two is the opportunity cost. So this isn't really a 35K decision. Framed that way, not as bad. BH is a tough place to ask about non-appliance...
by WalterMitty
Mon Dec 18, 2017 2:26 pm
Forum: Personal Consumer Issues
Topic: Spending on myself, am I off base here?
Replies: 104
Views: 6676

Re: Spending on myself, am I off base here?

Maybe get a divorce...1/2 of all the assets will probably let you buy as many pinball machines as you want. I mean seems like she's the one calling the shots on the discretionary spending, and then there's the total disconnect between you and her in terms of downtime and vacations. Not to mention th...
by WalterMitty
Mon Dec 18, 2017 1:52 pm
Forum: Personal Consumer Issues
Topic: New job offer - background check
Replies: 140
Views: 9175

Re: New job offer - background check

I would be shocked if the application didn't have a question about past criminal history. If you want to come clean, and just not worry about it, then think about sending an email to the CEO and CFO. Let them know the truth, and that you wanted to start what you hope is a very long relationship off ...
by WalterMitty
Mon Dec 18, 2017 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Considering a Job Change
Replies: 17
Views: 1331

Re: Considering a Job Change

What's your take on the startup? What are it's chances for survival? What are the chances it can get huge? It sounds like you leaning the start up way anyway, but you should also have a sense of where it's heading. While you don't have a crystal ball, you are educated in that industry, so what is yo...
by WalterMitty
Tue Dec 12, 2017 5:57 pm
Forum: Personal Consumer Issues
Topic: 2015 and newer Suburban/Yukon XL Owners
Replies: 8
Views: 886

Re: 2015 and newer Suburban/Yukon XL Owners

Have you tried searching a Suburban/Yukon owner's group forum? Likely to get more feedback from a group focused specifically on these vehicles. example: http://www.tahoeyukonforum.com I've done a little digging, but I figured I'd bounce it off this board and maybe get a less passionate (or bias) vi...
by WalterMitty
Tue Dec 12, 2017 5:42 pm
Forum: Personal Consumer Issues
Topic: 2015 and newer Suburban/Yukon XL Owners
Replies: 8
Views: 886

2015 and newer Suburban/Yukon XL Owners

We currently have a 2010 Yukon XL, with 140,000+ miles on it. We will be replacing it between now and the next 14 months. I've heard that the current versions have been (or had) transmission issues. In fact, Consumers Report gave the Caddy Escalade (sister to Suburban/Yukon) one of the lowest scores...
by WalterMitty
Fri Dec 08, 2017 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: Re-inventing career in mid 30s? Law? Tech? Sales?
Replies: 18
Views: 2796

Re: Re-inventing career in mid 30s? Law? Tech? Sales?

How about a job in the corporate world doing corporate security. Can be good pay, lots of companies are beefing up their security teams and having a tech background would be a plus.
by WalterMitty
Tue Dec 05, 2017 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage is About To Be Paid - I'm Scared!
Replies: 43
Views: 6478

Re: Mortgage is About To Be Paid - I'm Scared!

heybro: Congrats! Mine is a two parter... 1) When I paid off the mortgage and got to debt free, it was a great feeling. It was a goal that took a fair bit of time and some sacrifice. Not a major sacrifice, but it took some amount of self restraint. I would get a nice bonus, and usually put 1/2 or mo...
by WalterMitty
Wed Nov 29, 2017 2:14 pm
Forum: Personal Consumer Issues
Topic: 2018 Goals - Financial or Otherwise
Replies: 68
Views: 6969

Re: 2018 Goals - Financial or Otherwise

1) At least one bedtime story with my daughter each night 2) Continue building wealth with $45K going to savings (401K, ROTHx2, HSA, Post-Tax) 3) Lighten up 4) End adult gift giving in my family 5) Simplify, simplify, simplify a) Dump the MLP that spins off a K-1, b) continue closing out Lending Cl...
by WalterMitty
Mon Nov 27, 2017 2:45 pm
Forum: Personal Consumer Issues
Topic: 2018 Goals - Financial or Otherwise
Replies: 68
Views: 6969

Re: 2018 Goals - Financial or Otherwise

davidsorensen32 wrote:
Mon Nov 27, 2017 12:54 pm
I have just one goal - finding gainful employment. I used to have a long list for new years resolution when I had a job. How times change.
I wish you the best of luck with that goal. Don't forget to take care of yourself as well...eat, sleep, move your body, etc.
by WalterMitty
Mon Nov 27, 2017 12:52 pm
Forum: Personal Consumer Issues
Topic: 2018 Goals - Financial or Otherwise
Replies: 68
Views: 6969

2018 Goals - Financial or Otherwise

It's that time of year for me...planning for what I want to try and accomplish for the next year. Let's hear yours..financial, personal, etc...BUT, I think we need a cap.

Let's keep it at a MAX OF FIVE
by WalterMitty
Sun Nov 26, 2017 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Let Go by MegaCorp - Lots of options
Replies: 40
Views: 4165

Re: Let Go by MegaCorp - Lots of options

#3 Here's why.... A). It sort of covers the "go get another job" option as well. Except with this other job, you get the benefit of the devil that you know. As you've said, you're proud to work for this company, you will know all the lingo and will probably still know all/a lot of folks there. It wo...
by WalterMitty
Mon Nov 20, 2017 3:50 pm
Forum: Personal Consumer Issues
Topic: What are the things you want to do between 55 and 65?
Replies: 140
Views: 12752

Re: What are the things you want to do between 55 and 65?

I can't answer for myself as I'm not there yet, but for my inlaws it was a getting a boat. They live in the Chicago burbs, but wanted a boat in downtown Chicago. They wanted to enjoy it while they were still very able-bodied. They first got a power boat, then a sailboat. They kept if for many years,...
by WalterMitty
Mon Nov 20, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: Drive it till it dies. It died.
Replies: 54
Views: 7269

Re: Drive it till it dies. It died.

I would get it fixed at a non-dealer shop...call around and find the best price. Once it's fixed, take it to CarMax and get a quote from them on a purchase.
by WalterMitty
Mon Nov 20, 2017 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 20325

Re: Dave Ramsey says don't use credit cards, even if you pay them off

90% of Americans are going to be worse off with credit cards than not. His advice is catered to those 90%, which is fine. It's not a good look to crash on someone that is doing good work for an overwhelming majority of Americans AS COMPARED to their alternative, which is not the BH lifestyle, which...
by WalterMitty
Mon Nov 20, 2017 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 20325

Re: Dave Ramsey says don't use credit cards, even if you pay them off

I think Dave Ramsey takes A LOT of unnecessary flack from a lot of folks. When you consider just how bad most folks are with money, I think Dave does a great job of pushing a decent approach out to the masses. If you're reading this sentence right now, you are way out of normal for the 350million in...
by WalterMitty
Sat Nov 18, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: MegaCorp Equity.....income or savings?
Replies: 6
Views: 691

Re: MegaCorp Equity.....income or savings?

I count RSU vesting events as income, sell on vest, and invest according to my IPS. Once they have been turned into cash, they are no different than any other fungible cash income. Before they have vested, they don't count. Thanks. So far I've just kept the vested RSUs in the account, mainly to jus...
by WalterMitty
Sat Nov 18, 2017 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: MegaCorp Equity.....income or savings?
Replies: 6
Views: 691

MegaCorp Equity.....income or savings?

I try and save as much as I can each year, so my question is more just for fun. But each year I like to calc what my total savings percentage is. Here's my current thoughts on the catagories... Income: salary + bonus Savings: 401k investments, 401k company match, company stock investment, company st...
by WalterMitty
Sat Nov 18, 2017 1:49 pm
Forum: Personal Finance (Not Investing)
Topic: Looking to payoff mortgage
Replies: 15
Views: 2424

Re: Looking to payoff mortgage

Follow up for this thread - today the wife and I will go to the credit union and PAY OFF THE MORTGAGE! :sharebeer :beer This year has been a bit strange in that I've had a few different jobs. One of those jobs had a significant severance package this year, and I didn't want to make the final paymen...
by WalterMitty
Fri Nov 17, 2017 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Understanding How to Handle Bonus
Replies: 51
Views: 5462

Re: Help with Understanding How to Handle Bonus

#1 Congrats!!!

# 2. I'm biased.....I'm anti debt.

Given the above I would payoff the loans. Get out of debt then max out retirement savings.
by WalterMitty
Wed Nov 15, 2017 11:33 am
Forum: Personal Consumer Issues
Topic: Office Chair Recommendations (Aeron?)
Replies: 38
Views: 3761

Re: Office Chair Recommendations (Aeron?)

I work in facilities for a megacorp, and buy many chairs per year. Most recently we opened a new office for 265 folks and we went with the Herman Miller Mirra chair. It has a mesh seat, with a rubber seat back. Folks seem to like it. I think it's just "okay". My favorite chair that I use at work and...
by WalterMitty
Fri Nov 10, 2017 9:51 pm
Forum: Personal Consumer Issues
Topic: what pickup truck
Replies: 65
Views: 6583

Re: what pickup truck

I upgraded from an old Ford Ranger to a larger 2016 F-150 Lariat Supercab 4x4 two years ago. It's great especially if you haul lots of stuff. I got the 3.5 litre Ecoboost and it goes really fast. For some of us, once you've had a pickup truck for a while, it's hard to imagine a decent life without ...
by WalterMitty
Fri Nov 10, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 244
Views: 32664

Re: How old are you and how much do you save for retirement a year

48 years old

$22k in megacorp stock purchase plan
$5.5k megacorp stock matching plan
$18.5k in 401k (max)
$8.8k megacorp 401k match
$6k DRP into single stock

$60.8k

*** I also get equity (Options & RSUs) that are granted by the company.
by WalterMitty
Fri Nov 10, 2017 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 42963

Re: Did you tell anyone you paid off your mortgage?

To each his own. I graduated college with credit card and school debt, and the CC debt only got worse. I ended up in a all commission job for a while, one where I took a $1,000/month draw...so each month, I was digging another debt hole. Given my debt situation, and not having a guaranteed income, I...
by WalterMitty
Fri Nov 10, 2017 6:13 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 138
Views: 11892

Thoughts about wearing a "uniform"/same thing everyday?

When I was in college, and grad school, I came across more than one professor who wore a "uniform". One wore a white shirt and black pants everyday, the other wore black shirt and black pants everyday. Both were asked about it by students, and just said that they didn't want to think about it, so th...
by WalterMitty
Fri Nov 10, 2017 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: FAFSA EFC number shock! [Expected Family Contribution]
Replies: 54
Views: 7382

Re: FAFSA EFC number shock!

Hello, Just submitted FAFSA for child #1, with numbers 2 and 3 both also in high school. I can't believe that our FAFSA EFC number is $39,000!. This with an AGI of 122k in 2016. I was thinking it should be around 25k and the "real cost calculators" for schools that don't take into account merit aid...
by WalterMitty
Thu Nov 09, 2017 4:22 pm
Forum: Personal Finance (Not Investing)
Topic: Alternative Minimum Tax and Turbo Tax
Replies: 10
Views: 979

Re: Alternative Minimum Tax and Turbo Tax

AMT isn't just for small businesses. It's also for individuals, or married filled jointly, etc.

And Turbo Tax will analyze if your particular situation triggers AMT, and will calc it's effect if it applies to you.
by WalterMitty
Wed Nov 08, 2017 6:57 pm
Forum: Personal Consumer Issues
Topic: Breaking point to get a new to newish car
Replies: 59
Views: 4463

Re: Breaking point to get a new to newish car

I would bail on the current car. Go get the pickup truck...live and learn. You might love it, or totally miss the 335...then you will know, and then when it's time to replace the pickup, go get whatever is more 335-like. These are cars we are talking about...not tattoos, they ain't forever. I indulg...
by WalterMitty
Wed Nov 08, 2017 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Did you tell anyone you paid off your mortgage?
Replies: 338
Views: 42963

Re: Did you tell anyone you paid off your mortgage?

Resurrecting old thread.. I'm about to drop the payoff check for my mortgage in the mail. It took me a little over 19 years to reach this point. I was honestly considering a FB post to brag a little but leave it to the wisdom of forum to suggest otherwise... I think I'll limit the news to a few clo...
by WalterMitty
Sat Nov 04, 2017 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Trying to remember an investing newsletter/magazine I used to read in the 1990's
Replies: 4
Views: 735

Re: Trying to remember an investing newsletter/magazine I used to read in the 1990's

It might have been Consumer Reports Money Adviser. We got it for a year or two as a gift subscription long ago. That was it. Thanks a lot. Looking back, that little 12 page letter/magazine really helped set me on my financial journey. It get me saving right away. One of the articles was really stre...