Search found 805 matches

by MrNewEngland
Tue Mar 27, 2018 9:24 am
Forum: Personal Consumer Issues
Topic: Favorite vacations that don’t involve travel
Replies: 13
Views: 2125

Re: Favorite vacations that don’t involve travel

My parents and my sister (and nephew) come to visit quite a bit. I always try to do something different and or interesting when they come. Went to a comedy show a few times, museums, a play, my town has an olymic whitewater training center that is open to the public... stuff like that. I enjoy it.
by MrNewEngland
Tue Mar 20, 2018 7:48 pm
Forum: Personal Consumer Issues
Topic: What have you baked recently?
Replies: 136
Views: 12693

Re: What have you baked recently?

Lasagna is pasta cake.
by MrNewEngland
Sun Mar 18, 2018 11:03 am
Forum: Investing - Theory, News & General
Topic: Incredibly sleazy Northwestern Mutual cold caller
Replies: 78
Views: 8442

Re: Incredibly sleazy Northwestern Mutual cold caller

Educational, nice annotations. Not being judgmental, but I notice that your cold caller successfully kept you engaged in a conversation that must have lasted ten minutes, during which you gave him a lot of information about your circumstances and financial philosophy. You engaged in a fencing match...
by MrNewEngland
Fri Feb 16, 2018 12:12 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 119
Views: 11701

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

If you’re buying a new car I would give serious consideration to either Kia or Hyundai. Both used to be garbage but are great vehicles now. As someone that used to be a huge Honda fanboy (and I’ve owned a couple Accords) I couldn’t be happier with my Optima. I understand why people talk about how H...
by MrNewEngland
Thu Feb 15, 2018 3:59 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 159
Views: 14738

Re: What big item (>20k) are you saving up for?

YOU CAN'T EVEN GET TEXTS ON THAT WATCH!!!!!!!!!!!!!!

:wink:
by MrNewEngland
Thu Feb 15, 2018 1:30 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 113
Views: 10070

Re: PSA: Bank of America now charges $12/month for checking

I'm lucky that I am a platinum member (or whatever it's called) so I get free accounts. If they charged me $12/month I would immediately move my checking/savings to a credit union, cancel my credit cards, and move my IRAs to Vanguard.
by MrNewEngland
Thu Feb 15, 2018 1:24 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 119
Views: 11701

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

If you’re buying a new car I would give serious consideration to either Kia or Hyundai. Both used to be garbage but are great vehicles now. As someone that used to be a huge Honda fanboy (and I’ve owned a couple Accords) I couldn’t be happier with my Optima. I understand why people talk about how H...
by MrNewEngland
Wed Feb 14, 2018 8:15 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 119
Views: 11701

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

Thanks so much for all your replies! So much useful information here. I think I'm going to go look at Camrys. Not sure what trim level - it looks like all the levels have the safety features I want. Another related question - I am in the dark ages music technology-wise since my car is old - it just...
by MrNewEngland
Wed Feb 14, 2018 7:35 pm
Forum: Personal Consumer Issues
Topic: Honda vs. Toyota: Which has more bang for the buck?
Replies: 119
Views: 11701

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

If you’re buying a new car I would give serious consideration to either Kia or Hyundai. Both used to be garbage but are great vehicles now. As someone that used to be a huge Honda fanboy (and I’ve owned a couple Accords) I couldn’t be happier with my Optima. I understand why people talk about how Ho...
by MrNewEngland
Wed Feb 14, 2018 4:35 pm
Forum: Personal Consumer Issues
Topic: 2016 Honda Pilot vs. Kia Sorento vs. RAV4 - Help me pick
Replies: 14
Views: 1244

Re: 2016 Honda Pilot vs. Kia Sorento vs. RAV4 - Help me pick

I'd consider the Hyundai Santa Fe as an option as well.
by MrNewEngland
Wed Feb 14, 2018 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Net Worth: How Am I Doing?
Replies: 7
Views: 1820

Re: Net Worth: How Am I Doing?

I'm impressed that you have $100k+ in equity in your home at age 27. Did you buy in a hot market?

Overall I'd say you're doing an impressive job building wealth. Better off than I was at your age.
by MrNewEngland
Tue Feb 13, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6750
Views: 1466496

Re: U.S. stocks in freefall

I'm hopeful that this portends good things re: my ability to weather a much larger decline, but obviously won't know for sure until it actually happens. In my experience it is not a single day or week or even a month that challenges your will. It is the steady drumbeat of bad news and declining mar...
by MrNewEngland
Tue Feb 13, 2018 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 169
Views: 18884

Re: Number at which to stop worrying

mak1277 wrote:
Tue Feb 13, 2018 10:36 am
It's interesting...I "worry" about money more now than I did when I had debt, negative NW and less than $2k to my name. I wasn't even the slightest bit worried back then. Ah, youth.
This is the truth. I was just talking to a friend about this.
by MrNewEngland
Tue Feb 13, 2018 10:28 am
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 12981

Re: Did you learn anything from the market correction?

If it is over then it was too small and short-lived to prove much of anything. But if we end the year down another 30% then we'll talk.
by MrNewEngland
Tue Feb 13, 2018 9:22 am
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 159
Views: 14738

Re: What big item (>20k) are you saving up for?

$20K is a LOT of money. It's more than I'd spend on a watch or even a trip... I'm considering remodeling the bathroom in my condo but I am hoping to come in well under that. When my lease is up I am considering buying a new GMC Canyon that stickers for about $21K but I will finance most of it. Does ...
by MrNewEngland
Tue Feb 13, 2018 7:26 am
Forum: Investing - Theory, News & General
Topic: SWR — Can You Include Real Estate as Part of Your Portfolio
Replies: 24
Views: 1819

Re: SWR — Can You Include Real Estate as Part of Your Portfolio

what about refinancing and taking the equity out? I don't see why you wouldn't count that. Although you'd have a mortgage payment so your monthly income needs would go up. I never understood why people want to have a paid off house when they die, unless they plan to give it to their kids. Why not l...
by MrNewEngland
Mon Feb 12, 2018 11:15 pm
Forum: Investing - Theory, News & General
Topic: SWR — Can You Include Real Estate as Part of Your Portfolio
Replies: 24
Views: 1819

Re: SWR — Can You Include Real Estate as Part of Your Portfolio

No. SWR is what you need in expenses. The more expensive the property you have the more it’ll cost you in taxes, maintenance, and upkeep... adding to your expenses. Person A lives in a $100k condo that’s paid off with $900k in retirement accounts. Person B lives in a $900k condo that’s paid off with...
by MrNewEngland
Mon Feb 12, 2018 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 169
Views: 18884

Re: Number at which to stop worrying

I guess I view this differently than other responders. 50x is the amount to relax and not worry about working at all. But if you are planning on continuing to work and save, I think you can definitely mentally relax at 2mm. Probably can relax at 1.5mm. That doesn't mean you can hang it up, but you ...
by MrNewEngland
Mon Feb 12, 2018 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: 457 PLAN
Replies: 13
Views: 920

Re: 457 PLAN

Why participate in a 457 plan? If there is no matching what is the point? Why not just contribute to an existing IRA that one might have ? My wife contributes to one at work. Its run by Voya. But we are about to open Vangaurd simple IRAs . My job offers two 457s... one by Voya and one by ICMA-RC. T...
by MrNewEngland
Mon Feb 12, 2018 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 169
Views: 18884

Re: Number at which to stop worrying

I don’t think I have it in me to stop worrying. I’m nowhere near the number I realistically need to be at to stop worrying but I’m pretty sure if I hit it I’ll still worry. It’s in my nature.
by MrNewEngland
Mon Feb 12, 2018 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: 457 PLAN
Replies: 13
Views: 920

Re: 457 PLAN

Why participate in a 457 plan? If there is no matching what is the point? Why not just contribute to an existing IRA that one might have ? My wife contributes to one at work. Its run by Voya. But we are about to open Vangaurd simple IRAs . My job offers two 457s... one by Voya and one by ICMA-RC. T...
by MrNewEngland
Mon Feb 12, 2018 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 23360

Re: I bought a stock today - Redfin (RDFN)

I feel like everyone in this thread is being obtuse.
by MrNewEngland
Mon Feb 12, 2018 6:21 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3651
Views: 1037661

Re: What Movie Have You Recently Watched?

theDON2050 wrote:
Mon Feb 12, 2018 1:38 pm
This was posted a few years back in this thread but just a reminder to watch "Hell or High Water". Great movie.
I liked Hell or High Water as well.

I just watched Wind River (same writer/director) and I was really impressed.
by MrNewEngland
Mon Feb 12, 2018 3:00 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 23360

Re: I bought a stock today - Redfin (RDFN)

I’m not advocating the stock but when I sold my house I used Redfin and the experience was great. I saved money, got more than I expected, it happened quick, and the process was smooth. I’ll absolutely use them for n the future.
by MrNewEngland
Fri Feb 09, 2018 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2721
Views: 540242

Re: What's Your Credit Card Rewards Strategy?

This Chase Freedom quarter is ridiculously easy to maximize. Mobile pay is accepted at most places, including supermarkets and quite a few stores and gas is an easy few hundred dollars this quarter. Just go to the supermarket, buy gift cards at the end of the quarter, use mobile pay. Done. I'd neve...
by MrNewEngland
Fri Feb 09, 2018 12:41 pm
Forum: Personal Consumer Issues
Topic: Not happy where we live
Replies: 26
Views: 3264

Re: Not happy where we live

About three and a half years ago I bought a house and moved to a different area within the same city and it made me miserable. Luckily I kept my condo and when my tenant moved out I sold the house and moved back. Moving to a whole new city would absolutely amplify the misery bc you don't have any pe...
by MrNewEngland
Thu Feb 08, 2018 7:46 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6750
Views: 1466496

Re: U.S. stocks in freefall

HomerJ wrote:
Thu Feb 08, 2018 5:56 pm


Even if stocks dropped all the way back to 2009 levels, I won't lose ALL the gains from the past 9 years, because a good chunk of those gains were converted into bonds.
...and dividends.
by MrNewEngland
Thu Feb 08, 2018 4:05 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6750
Views: 1466496

Re: U.S. stocks in freefall

EDIT : DELETED POST BC OF BAD DATA.
by MrNewEngland
Thu Feb 08, 2018 4:01 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6750
Views: 1466496

Re: U.S. stocks in freefall

DanMahowny wrote:
Thu Feb 08, 2018 3:47 pm
Dow 14,000 by 2019-20. Here we go.
That would be less of a percentage drop than we saw in the great recession.
by MrNewEngland
Thu Feb 08, 2018 3:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6750
Views: 1466496

Re: U.S. stocks in freefall

parsi1 wrote:
Thu Feb 08, 2018 2:46 pm
Once more international is dropping the same or more than US
Why is that?
by MrNewEngland
Wed Feb 07, 2018 5:23 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 23360

Re: I bought a stock today - Redfin (RDFN)

dreamjob9 wrote:
Wed Feb 07, 2018 4:22 pm
Pinotage wrote:
Tue Feb 06, 2018 7:15 pm
Good luck OP!

I am hopeful for change in the residential real estate sales model, via Redfin or otherwise.
Thank you very much! Another good day today. Moment of truth comes after hours tomorrow.
What happens after hours tomorrow?
by MrNewEngland
Wed Feb 07, 2018 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Need advice on a good index fund
Replies: 14
Views: 1327

Re: Need advice on a good index fund

By the way, if you prefer the S&P 500 to the broader US market, look for iShares Core S&P 500 ETF (IVV). Unlike the Vanguard product, it trades commission free at Fidelity ; I have no idea why people are suggesting to use VOO. As someone that suggested VOO this is actually a really good point. I ha...
by MrNewEngland
Wed Feb 07, 2018 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Am I saving too much for retirement?
Replies: 105
Views: 14014

Re: Am I saving too much for retirment?

The chart is bad because it assumes your spending is directly correlated to your salary. I suppose if I made $40k a year I’d spend less than if I made $100k a year, but if I made $700k a year I probably wouldn’t spend more than if I made $500k a year. Most people have no clue how much they spend so...
by MrNewEngland
Wed Feb 07, 2018 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Am I saving too much for retirement?
Replies: 105
Views: 14014

Re: Am I saving too much for retirment?

As long as you're comfortable and you aren't missing out on life experiences then you can't save too much.

If you're skipping out on road trips with friends or not doing things that interest you in lieu of saving... yeah I would back off a little.
by MrNewEngland
Wed Feb 07, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3651
Views: 1037661

Re: What Movie Have You Recently Watched?

abuss368 wrote:
Tue Feb 06, 2018 7:53 pm
"The Saint" on Netflix.
I couldn't get through that... it was honestly probably one of the 10 worst films I've ever seen.
by MrNewEngland
Mon Feb 05, 2018 4:56 pm
Forum: Investing - Theory, News & General
Topic: Young vs Middle Aged?
Replies: 32
Views: 3263

Re: Young vs Middle Aged?

I turned 40 a couple weeks ago. I feel old.
by MrNewEngland
Mon Feb 05, 2018 4:53 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6750
Views: 1466496

Re: U.S. stocks in freefall

HomerJ wrote:
Mon Feb 05, 2018 4:38 pm


People need to stop wishing for a crash. At least out loud. Even if YOU don't get hurt, many people will.
I've been thinking the exact same thing when I've been reading this thread for the past week.
by MrNewEngland
Sun Feb 04, 2018 7:13 pm
Forum: Personal Consumer Issues
Topic: Can I extend a lease?
Replies: 7
Views: 833

Can I extend a lease?

Probably an odd question and I’ve got some time before I have to worry about it. I’m in a lease right now and I really like the car. It’s a very reasonable payment ($139/month). It’s my first lease and people keep telling me the dealership will probably start calling me to get me into something new....
by MrNewEngland
Sun Feb 04, 2018 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Am I saving enough?
Replies: 34
Views: 3676

Re: Am I saving enough?

2) Savings rate...I'm at 50% now, meaning that I save $2 for every $1 I spent. Wouldn’t that be 67%? In 2017, we paid 26% total tax (federal tax, SALT, SS & Medicare tax), spend 24.94% and save the rest. Although the 26% total tax is not final until we file the tax return and might get some tax ref...
by MrNewEngland
Sat Feb 03, 2018 8:29 pm
Forum: Investing - Help with Personal Investments
Topic: Am I saving enough?
Replies: 34
Views: 3676

Re: Am I saving enough?

thangngo wrote:
Sat Feb 03, 2018 4:46 pm


2) Savings rate...I'm at 50% now, meaning that I save $2 for every $1 I spent.
Wouldn’t that be 67%?
by MrNewEngland
Sat Feb 03, 2018 9:59 am
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 770
Views: 82510

Re: Netflix, Your Current Favorite Show

Kind of the same cycle we went through with Sons of Anarchy, another (IMO) horribly cheesy and poorly written show, which we just kept trying to soldier through because we heard so many great things about it We made it through a few episodes of SOA and I just couldn't bear it. Every time I saw "Peg...
by MrNewEngland
Fri Feb 02, 2018 10:44 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 770
Views: 82510

Re: Netflix, Your Current Favorite Show

Bloodlines Started very strong but progressive got worse. After a while you just grew angry at the stupidity of some of the characters. I enjoyed it if nothing else being set in the keys. Memories from Florida. Agreed. Season 1 was absolutely great but they should’ve just stopped there. Season 2 wa...
by MrNewEngland
Fri Feb 02, 2018 10:38 pm
Forum: Investing - Theory, News & General
Topic: Opening Roth IRA - Vanguard or Fidelity or Charles Schwab
Replies: 11
Views: 2396

Re: Opening Roth IRA - Vanguard or Fidelity or Charles Schwab

I wouldn’t rule out Merrill Edge. I have a taxable account and two IRAs (Roth & trad) with them and I’ve been very happy with them.
by MrNewEngland
Thu Feb 01, 2018 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 23360

Re: I bought a stock today - Redfin (RDFN)

i like redfin but they have a bad business model. they still rely on their own agents to make money and it is not very scalable. zillow has a better model. They don’t have their own agents in my area. that's exactly the problem. they have to hire people in each market to make money. zillow can make...
by MrNewEngland
Thu Feb 01, 2018 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 23360

Re: I bought a stock today - Redfin (RDFN)

i like redfin but they have a bad business model. they still rely on their own agents to make money and it is not very scalable. zillow has a better model. They don’t have their own agents in my area. that's exactly the problem. they have to hire people in each market to make money. zillow can make...
by MrNewEngland
Thu Feb 01, 2018 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 23360

Re: I bought a stock today - Redfin (RDFN)

sunspotzsz wrote:
Thu Feb 01, 2018 1:35 pm
i like redfin but they have a bad business model.

they still rely on their own agents to make money and it is not very scalable. zillow has a better model.
They don’t have their own agents in my area.
by MrNewEngland
Tue Jan 30, 2018 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: I bought a stock today - Redfin (RDFN)
Replies: 288
Views: 23360

Re: I bought a stock today - Redfin (RDFN)

Listened to a podcast with Glen Kelman. Seems like a nice guy. Interesting and charismatic. Pretty clear vision. Someone who you would follow and root for. I wish that were a key to stock price success. I've worked for several CEOs like him. None of those companies are around any longer. And unfort...