Search found 1822 matches

by knpstr
Mon Jan 22, 2018 8:11 am
Forum: Personal Consumer Issues
Topic: Cutting cable
Replies: 28
Views: 914

Re: Cutting cable

Have been very happy with an OTA antenna (Free HD, Fox, CBS, ABC, NBC, CW) and Sling TV (Orange plan) for $19.99/mo.
by knpstr
Thu Jan 18, 2018 3:00 pm
Forum: Personal Consumer Issues
Topic: I got a Roomba and think you should too
Replies: 41
Views: 3571

Re: I got a Roomba and think you should too

We received a "DEEBOT" robot vacuum for Christmas. I think they are significantly cheaper than the Roomba you mention maybe the Deebot was $200? Anyway, it goes around and sweeps and is always "full" when it stops, but it does not do as good a job as a human. We have carpet, rugs, tile and vinyl pla...
by knpstr
Thu Jan 18, 2018 9:46 am
Forum: Personal Consumer Issues
Topic: How to overcome the fear of spending money? (Buying a car)
Replies: 55
Views: 3625

Re: How to overcome the fear of spending money? (Buying a car)

How much of your net worth is the car? 1.4% of net worth I think you can afford a $30,000 car with a net worth of $2,100,000 Is it a waste of money? Yes. Can you afford the luxury of having a "fun" car that is a waste of money? Yes. Will it hamstring your finances so you can never recover? No. Go o...
by knpstr
Thu Jan 11, 2018 4:48 pm
Forum: Personal Consumer Issues
Topic: Keeping sensitive documents in the cloud -- bad idea?
Replies: 46
Views: 2664

Re: Keeping sensitive documents in the cloud -- bad idea?

Perhaps some sort of identity theft coverage would be appropriate?

Not that you want to make it as easy as possible for anyone to get your info; but with size/scope of the data breaches that have already taken place it is likely someone already has all of your information anyway.
by knpstr
Thu Jan 11, 2018 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Buy bonds until market correction
Replies: 28
Views: 2343

Re: Buy bonds until market correction

Warren Buffett has said publicly that the newly passed tax reform: Buffett said tax reform will have a big impact on Berkshire's owners, telling CNBC's Quick that shareholders effectively have seen their ownership of the company's profits rise by over 20% as corporate rates have fallen from 35% to 2...
by knpstr
Wed Jan 10, 2018 4:17 pm
Forum: Investing - Theory, News & General
Topic: Forgot to make my $5500 contribution for 2018
Replies: 36
Views: 4670

Re: Forgot to make my $5500 contribution for 2018

You still have a "few" months to contribute
by knpstr
Tue Jan 09, 2018 4:43 pm
Forum: Personal Consumer Issues
Topic: Teeth Whitening
Replies: 23
Views: 2623

Re: Teeth Whitening

Probably not a great thing to do. H2O2 is toxic and it can break down tissues. It is an oxidizer, after all. Have heard this from several dentists. And the time H2O2 spends in contact with your teeth is probably minimal. Though there is research that indicates that when used in conjunction with oth...
by knpstr
Mon Jan 08, 2018 9:53 am
Forum: Investing - Theory, News & General
Topic: Paying off mortgage before investing at all?
Replies: 75
Views: 7612

Re: Paying off mortgage before investing at all?

As always it is a "it depends" question. Most people buy a house that takes 30 years to pay off and they still "cut it close" with their budgets. If you can buy a $375,000 house with cash saved in only 4 years time, then it probably won't be a huge detriment to your retirement savings. Since in 16 m...
by knpstr
Mon Jan 08, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: Best Phone Plan for 1 person
Replies: 86
Views: 3671

Re: Best Phone Plan for 1 person

Best I've found is the new Xfinity Mobile "By the gig" plan If all your data use is on WiFi the plan is free. Last month my wife's bill was $4.01 (which was just state taxes/fees) The catch is that you have to be using at least 1 other comcast/xfinity service to qualify. They use the Verizon network.
by knpstr
Mon Jan 08, 2018 9:04 am
Forum: Personal Consumer Issues
Topic: Teeth Whitening
Replies: 23
Views: 2623

Re: Teeth Whitening

Sandtrap wrote:
Sun Jan 07, 2018 4:45 pm
I have a friend who takes a swish of hydrogen peroxide before he takes a shower and holds it in his mouth until after he takes a shower. He does this every day. His teeth are so white they look "store bought" :shock:

j
+1 hydrogen peroxide is all you need to do the job.
by knpstr
Sun Jan 07, 2018 9:29 am
Forum: Investing - Theory, News & General
Topic: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?
Replies: 155
Views: 16764

Re: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?

I think the board will survive. It's named Bogleheads, not Vanguardheads. The company is doing something Bogle doesn't 100% agree with, not the first time. This is an interestingly similar to people bringing up the "superinvestors" lack of success after they die/step down. People that claim it was l...
by knpstr
Sun Jan 07, 2018 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Overpayment on W2. Please help.
Replies: 13
Views: 1028

Re: Overpayment on W2. Please help.

At the very I would think you could repay them just the increased net amount?

So essentially they pay the extra tax you incurred due to their own error and you have nothing extra out of pocket.
by knpstr
Sun Dec 31, 2017 9:12 am
Forum: Investing - Theory, News & General
Topic: Before buying gold, have a look at these returns since 1975
Replies: 84
Views: 6606

Re: Before buying gold, have a look at these returns since 1975

All my gold "investments" are in the form of my wife's white gold jewelry.
by knpstr
Thu Dec 28, 2017 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Suddenly my mortgage doesn't seem that great
Replies: 66
Views: 10615

Re: Suddenly my mortgage doesn't seem that great

I have never itemized. But to be honest, I'd probably keep what you have in your portfolios. Still max retirement but instead of adding more to after tax, pay extra on the mortgage. Thus avoiding the "taxable event" that would result when selling your gains. But generally speaking, being debt free i...
by knpstr
Fri Dec 15, 2017 9:58 am
Forum: Personal Finance (Not Investing)
Topic: Should I open a fitness center for extra money?
Replies: 37
Views: 2871

Re: Should I open a fitness center for extra money?

miamivice wrote:
Fri Dec 15, 2017 9:41 am
One of my former high school classmates, who seems pretty darn smart to me, just opened a fitness center...

Should I consider diversifying my investments by opening a fitness center?
Why not keep in touch and ask how things are going in a few years?
by knpstr
Sat Dec 09, 2017 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Does this happen to you? Educating friends about personal finance
Replies: 104
Views: 6186

Re: Does this happen to you? Educating friends about personal finance

They ask for input from me and despite my input aligning with information they get from professional sources including their 1.5% account fee personal advisors, they blunder their way through. Its very frustrating to try and educate friends. These are people I've known for decades and with whom I'l...
by knpstr
Thu Dec 07, 2017 6:39 pm
Forum: Investing - Theory, News & General
Topic: John T. Reed (real estate) reading suggestions
Replies: 6
Views: 734

Re: John T. Reed (real estate) reading suggestions

I have 2 of his books: 1. Aggressive Tax Avoidance For Real Estate Investors 2. How To Manage Residential Property for Maximum Cash Flow and Resale Value I liked both of those books, but would recommend the 2nd as more of a "primer" than the first. Depending on your current knowledge level he may of...
by knpstr
Wed Dec 06, 2017 8:46 pm
Forum: Investing - Theory, News & General
Topic: Does it look like a bubble to you?
Replies: 42
Views: 3749

Re: Does it look like a bubble to you?

All that money from "QE 120" has to go somewhere.
by knpstr
Wed Dec 06, 2017 4:23 pm
Forum: Personal Consumer Issues
Topic: Price of haircut?
Replies: 194
Views: 10888

Re: Price of haircut?

The going rate at the "chain" hair place is $12 before any tip, but now my wife cuts my hair.

One time purchase of $25 for Wahl clippers and scissors.

So all profit after 2 cuts!
by knpstr
Wed Dec 06, 2017 1:19 pm
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 242
Views: 15683

Re: Do people still use AAA?

I have my insurance through AAA but have never used their services (other than member discounts certain places)
by knpstr
Sat Dec 02, 2017 6:42 pm
Forum: Personal Finance (Not Investing)
Topic: How do I convince my employees to invest more?
Replies: 92
Views: 5447

Re: How do I convince my employees to invest more?

Stormbringer wrote:
Sat Dec 02, 2017 9:38 am
It concerns me
Don't concern yourself with it, it is their choice. It is also "normal". They also may be saving all they want to save through their spouses retirement plan.
by knpstr
Sat Dec 02, 2017 10:52 am
Forum: Personal Finance (Not Investing)
Topic: What's your experience with Medicaid ?
Replies: 41
Views: 2585

Re: What's your experience with Medicaid ?

My experience with Medicaid is that it doesn't pay your doctor very well.
by knpstr
Fri Dec 01, 2017 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: I met my first Retirement Savings goal
Replies: 26
Views: 2083

Re: I met my first Retirement Savings goal

$100,000 is a very big milestone.

Way to go!
by knpstr
Fri Dec 01, 2017 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Advice Needed
Replies: 16
Views: 1210

Re: Financial Advice Needed

Open up an account and deposit it, that is how I'd approach it.
by knpstr
Thu Nov 30, 2017 4:24 pm
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 93
Views: 8894

Re: Can I afford a $1,400,000 house

You can afford it, but I'd advise against it. For what it's worth: My brother and his wife are both MDs. They bought a "reasonable" $750,000 house in the Midwest. It is still way too much, they mention that they sometimes miss their old house worth maybe $200,000 they had in residency and frequently...
by knpstr
Wed Nov 29, 2017 4:31 pm
Forum: Personal Consumer Issues
Topic: Does it make sense to drop health insurance?
Replies: 198
Views: 7761

Re: Does it make sense to drop health insurance?

a few years from Medicare, my parents pay ~$1,500/mo in premiums for a "bronze" plan. I think the potential risk is still too great to go without. You're saving $12,600 (premiums minus penalty) and could easily rack up way more than that amount amount with an ambulance trip, to the hospital for a su...
by knpstr
Wed Nov 29, 2017 10:06 am
Forum: Personal Finance (Not Investing)
Topic: So i hit 6 figures... (questions about financials)
Replies: 19
Views: 3831

Re: So i hit 6 figures... (questions about financials)

Good for you, you're in great shape! Your expenses are $36,000 and you have ~$42,000 in spendable money so you can probably squeak out a one bedroom apt with the numbers you quoted.You just have to ask yourself if it is worth it to you. Spending the extra $400-$500 a month to live alone. It otherwis...
by knpstr
Wed Nov 29, 2017 9:47 am
Forum: Investing - Theory, News & General
Topic: Vanguard to launch US 'smart beta' ETFs - Will this board burn down?
Replies: 155
Views: 16764

Re: Vanguard To Introduce First Actively Managed ETFs With Suite Of Factor Funds

mindboggling wrote:
Tue Nov 28, 2017 11:26 am
Now, we'll all be able to outperform!
Hahahahaha! What a great comment!
:beer
by knpstr
Wed Nov 29, 2017 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Invest or pay off mortgage?
Replies: 77
Views: 6454

Re: Invest or pay off mortgage?

Long time lurker, first time poster. Hello! 45 years old and max out 401k annually. Over $800k in retirement accounts. $150k mortgage at 3.37% on $500k home; no other debt. Have an extra $3k monthly to invest or pay off mortgage early. Really like the idea of being debt free, but also like the idea...
by knpstr
Fri Nov 24, 2017 8:15 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone tired of the stock market going up?
Replies: 290
Views: 25974

Re: Anyone tired of the stock market going up?

I try my best not to worry about things beyond my control.

(what the stock market is doing is one of those things that is beyond my control)
by knpstr
Fri Nov 24, 2017 4:51 pm
Forum: Investing - Theory, News & General
Topic: HSA: "Pay out of pocket" vs Withdraw math problem
Replies: 48
Views: 3451

Re: HSA: "Pay out of pocket" vs Withdraw math problem

JustinR wrote:
Fri Nov 24, 2017 4:43 am
Does "tax free growth + income tax" always beat "tax drag + ltcg"?
No, I don't think so.

I'd encourage you to make a spreadsheet and play with the numbers a little.
by knpstr
Wed Nov 22, 2017 4:01 pm
Forum: Investing - Help with Personal Investments
Topic: Advice to become wealthy
Replies: 58
Views: 5557

Re: Advice to become wealthy

How to become wealthy? Save more than you spend. Earn more. How you earn your money is another matter, but it's not likely to be coming from excess gains in shrewd day-trading or other securities trading . I would suggest focusing on your career and income there. Maybe some other ideas here: https:...
by knpstr
Wed Nov 22, 2017 3:51 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA Contributions: Still make sense for us?
Replies: 13
Views: 1176

Re: Roth IRA Contributions: Still make sense for us?

This is coming up because a friend told me "Based on your income you should not be contributing to a Roth IRA" Your friend is confused or you miscommunicated. What your friend probably means is that "based on your income you should not be contributing to Roth 401k". That would be correct and that i...
by knpstr
Wed Nov 22, 2017 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14462

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

This is just a small sample from 5 minutes worth of googling; by no means even scratching the surface >8 Health benefits of drinking wine: http://www.foodandwine.com/articles/8-health-benefits-of-drinking-wine >Sharecare (formally realage.com) gives you extra life (i believe close to a year) if you...
by knpstr
Wed Nov 22, 2017 8:32 am
Forum: Personal Consumer Issues
Topic: Best Basic DESKTOP?
Replies: 72
Views: 5000

Re: Best Basic DESKTOP?

I've always been happy with both Dell and HP products.
by knpstr
Tue Nov 21, 2017 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14462

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

What DRIVES ME NUTs about his credit card advice is he says over and over "No one has gotten wealthy with credit card points / rewards". He misses the point when people call and ask him about this. They aren't asking if CCs will make you wealthy. They ask if it is okay to pay off the CCs monthly an...
by knpstr
Tue Nov 21, 2017 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14462

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

I've read that 1-2 glasses of red wine a day for men, and up to 1 glass a day for women is healthier than 0 glasses. So not only, not harmful, but beneficial. And one of the two benefits is the alcohol units itself. Cursory google searches would provide credible sources for this (if you insist, I c...
by knpstr
Tue Nov 21, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14462

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

It's good advice for someone who's been bankrupt due to excessive debt to avoid using debt, just like it's good advice for a recovering alcoholic to avoid drinking alcohol all-together. However, there are also some of us that are responsible with debt and are not alcoholics, so the same advice does...
by knpstr
Tue Nov 21, 2017 10:41 am
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14462

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

A person can have no debt and have negative net worth or they can have 20,000 debt and be worth $10 million dollars. That much is obvious (well except having a negative net worth and no debt). Perhaps I wasn't clear. His position of "no debt" is not purely for financial reasons (his own experience)...
by knpstr
Mon Nov 20, 2017 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14462

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

On principle, he preaches for one to eliminate and then avoid ALL debt.

Credit cards (even paid in full monthly) is still technically debt.
by knpstr
Mon Nov 20, 2017 9:00 am
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 108
Views: 13277

Re: The valet smashed my Tesla into a brick wall!

It stunk when my Prius was new I got rear-ended within 3 months of it coming off the dealer's lot. 10 years later, still driving it and it still behaves just fine, looking at it you'd never know it happened. The at fault person (actually a company truck hit me) insurance covered the repairs and rent...
by knpstr
Sat Nov 18, 2017 8:57 am
Forum: Personal Consumer Issues
Topic: Water Heater Install $1,800!
Replies: 84
Views: 12483

Re: Water Heater Install $1,800!

That is the price I got quoted for 50-gal powervent purchase, install, haul away. Think that was $1,850 and I know the powervent models tend to run more expensive than the passive ones.

Ended up just getting a spare powervent from a contractor I use for my rentals for $100
by knpstr
Fri Nov 17, 2017 3:52 pm
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 142
Views: 9188

Re: Tesla truck unnveil

The semi-truck seems like a pretty major investment in a segment with very discriminating customers and very long life expectancies - often in excess of 1 million miles. Tesla "claims" the semis will pay for themselves ($200,000) in 2 years, due to fuel/maintenance savings. Interesting the the Semi...
by knpstr
Fri Nov 17, 2017 3:45 pm
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 142
Views: 9188

Re: Tesla truck unnveil

The roadster's torque is listed as 10,000 Nm ?!?

A Bugatti Chiron has "only" 1,600 Nm

That's crazy.
by knpstr
Wed Nov 15, 2017 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Why pay cash for a car?
Replies: 179
Views: 15881

Re: Why pay cash for a car?

Many times paying cash "forces" one to buy a less expensive car than they otherwise would have when just looking at payment size; which is a good thing in my opinion. That sounds a lot like you need to pay cash because it serves as a replacement for planning and self control. Absolutely, when you s...
by knpstr
Wed Nov 15, 2017 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Why pay cash for a car?
Replies: 179
Views: 15881

Re: Why pay cash for a car?

Many times paying cash "forces" one to buy a less expensive car than they otherwise would have when just looking at payment size; which is a good thing in my opinion. That sounds a lot like you need to pay cash because it serves as a replacement for planning and self control. Absolutely, when you s...
by knpstr
Wed Nov 15, 2017 8:15 am
Forum: Investing - Help with Personal Investments
Topic: Why pay cash for a car?
Replies: 179
Views: 15881

Re: Why pay cash for a car?

Many times paying cash "forces" one to buy a less expensive car than they otherwise would have when just looking at payment size; which is a good thing in my opinion.