Search found 588 matches

by 2pedals
Mon Oct 22, 2018 10:20 pm
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 112
Views: 7907

Re: PSA: Don't buy a big house

Gray wrote:
Mon Oct 22, 2018 10:00 pm
http://mcmansionhell.com

You’re welcome
"Curtains that look like diapers" 🤣
by 2pedals
Mon Oct 22, 2018 10:10 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 116
Views: 10819

Re: Total Bond Market Fund - interest rates rising!

Making investment decisions based on reading tea leaves or guesses about which way the wind will blow on Friday is foolish. It’s your money, but let’s not pretend that it amounts to anything more than a naive attempt at timing the market. I don't define dynamic asset allocation as market timing. No...
by 2pedals
Mon Oct 22, 2018 6:15 pm
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 112
Views: 7907

Re: PSA: Don't buy a big house

LEDs circuits can damaged permanently by a spike in electricity. Many good whole house surge protectors are available.
by 2pedals
Mon Oct 22, 2018 2:37 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 116
Views: 10819

Re: Total Bond Market Fund - interest rates rising!

The bond managers I'm reading today all agree on one thing from following the Fed. Shorten maturity, shorten duration. Some are managing tens of billions of dollars in bonds and are not afraid to say so. The bond managers were saying that 5-7 years ago... And they missed out. Nobody's an expert. Lo...
by 2pedals
Mon Oct 22, 2018 11:50 am
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 112
Views: 7907

Re: PSA: Don't buy a big house

For large and high ceilings, in the summer whole house fans can be used to reduce cooling energy expenses. Open your windows and the turn on the fan. The shutter opens and the fan draws in the cool air through the windows. The outside air should be cooler than the inside air. Turn it on at night wh...
by 2pedals
Mon Oct 22, 2018 11:15 am
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 112
Views: 7907

Re: PSA: Don't buy a big house

For large and high ceilings, in the summer whole house fans can be used to reduce cooling energy expenses. Open your windows and the turn on the fan. The shutter opens and the fan draws in the cool air through the windows. The outside air should be cooler than the inside air. Turn it on at night wh...
by 2pedals
Mon Oct 22, 2018 11:11 am
Forum: Personal Consumer Issues
Topic: PSA: Don't buy a big house
Replies: 112
Views: 7907

Re: PSA: Don't buy a big house

For large and high ceilings, in the summer whole house fans can be used to reduce cooling energy expenses. Open your windows and the turn on the fan. The shutter opens, the fan expels the rising hot air and draws in the cool air through the windows. The outside air should be cooler than the inside a...
by 2pedals
Mon Oct 22, 2018 8:07 am
Forum: Investing - Theory, News & General
Topic: Total Bond Market Fund - interest rates rising!
Replies: 116
Views: 10819

Re: Total Bond Market Fund - interest rates rising!

“Better” is a hard term to define, at times A CD in taxable versus Total Bond in deferred might well be worse in the end. While CDs are guaranteed by the FDIC, they often come with a surrender charge if you need the money before the term is up. Bond funds can be sold quickly. A CD at a bank require...
by 2pedals
Sun Oct 21, 2018 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Retire now or in the Spring. - changing work conditions
Replies: 31
Views: 2467

Re: Retire now or in the Spring. - changing work conditions

fsrph wrote:
Sun Oct 21, 2018 5:55 pm
Is there a point where you say the heck with the financially best choice?

Francis
Yes, you are well past that point now with 65x expenses saved.
by 2pedals
Sat Oct 13, 2018 9:36 am
Forum: Investing - Theory, News & General
Topic: Vanguard factor funds slow to catch on
Replies: 78
Views: 8987

Re: Vanguard factor funds slow to catch on

This is just some random snark I had lying around... Thank you nisiprius Very interesting and informative post. That fund looks a lot like how a professional investment advisor would have placed their money for clients, for a large fee of course. Indeed, it pours a little bit more toxin into alread...
by 2pedals
Fri Oct 12, 2018 8:56 am
Forum: Investing - Theory, News & General
Topic: Market decline in 2019 ?
Replies: 73
Views: 6484

Re: Market decline in 2019 ?

Is anyone here switching from equities to cash in hopes to avoid a big market decline in the next year or two? Not me. I have a AA that lets me sleep well at night. I am not smarter than the rest of stock market investors, buyers and sellers. Most people think they’ll guess right more often than wr...
by 2pedals
Thu Oct 11, 2018 9:02 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7402
Views: 1554069

Re: U.S. stocks in freefall

hightower wrote:
Thu Oct 11, 2018 8:33 am
EVERYONE! SELL! SELL! SELL! Stocks are crashing! Get out now! Don't delay! Sell your entire portfolio asap!






So I can buy, buy, buy;)
Too late? Stock stabilized into the green after the short drop on the open. I might have to wait for the next sell signal.
by 2pedals
Wed Oct 10, 2018 12:29 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 7402
Views: 1554069

Re: U.S. stocks in freefall

Post traumatic stress disorder flashback of the panic of 2008.
by 2pedals
Sun Oct 07, 2018 11:13 am
Forum: Investing - Help with Personal Investments
Topic: Mega Backdoor Roth: Confirmation of 401k Plan Language
Replies: 5
Views: 392

Re: Mega Backdoor Roth: Confirmation of 401k Plan Language

Ask them if they can write two checks on the after tax portion and the gains on the after tax. Have the checks sent to your address and you can deliver them. Check #1 written to your Roth account # for the benefit of your name for the after tax contributions. Check #2 written to your tradition IRA a...
by 2pedals
Sat Oct 06, 2018 3:27 pm
Forum: Investing - Theory, News & General
Topic: Allan Roth doesn't like single premium annuities
Replies: 198
Views: 10452

Re: Alan Roth doesn't like single premium annuities

I don't have a problem with the article. The product they are selling is misleading via marketing buzzwords by saying it is “guaranteed income for life”. The income isn't income but mainly a return on principle that you may not get back and will be exposed to inflation risk. Kind of like saying you ...
by 2pedals
Thu Oct 04, 2018 11:46 am
Forum: Personal Consumer Issues
Topic: Concierge medicine Worth It????
Replies: 314
Views: 33926

Re: Concierge medicine Worth It????

There seem to be many aspects to "Concierge Medicine". While, to me, the actual or potential benefits do not seem worth the cost, one category of patients may very well benefit financially. Folks who are highly compensated and waiting or being delayed for medical appointments, etc. costs them actua...
by 2pedals
Thu Oct 04, 2018 11:17 am
Forum: Investing - Help with Personal Investments
Topic: mega backdoor roth - question about tax on earnings
Replies: 25
Views: 1563

Re: mega backdoor roth - question about tax on earnings

One question I have on the backdoor Roth is when you have another separate rollover IRA which is all pretax. My understanding is that when you convert the $5,500 of non deductible dollars from your IRA, it will be prorated with the dollars in the pretax rollover IRA. I'm worried that I'd have to pa...
by 2pedals
Thu Oct 04, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2924
Views: 576746

Re: What's Your Credit Card Rewards Strategy?

I love the Doctor of Credit web site. I use it all the time. Does anybody else have a favorite web site tip?
by 2pedals
Tue Oct 02, 2018 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Why is Home Part of NW [Net Worth]
Replies: 98
Views: 6743

Re: Why is Home Part of NW [Net Worth]

I think home equity can and should be part of your net worth. For the following reasons. It can be sold A reverse mortgage can be used A home equity loan can be used against the equity It can be rented Ability to reasonably lock in expenses and lifestyles But the following items may devalue your pro...
by 2pedals
Mon Oct 01, 2018 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Why is Home Part of NW [Net Worth]
Replies: 98
Views: 6743

Re: Why is Home Part of NW

I fully own a house and acre of land, with timber, in the greater Seattle metro area. Short of an extinction level event or volcanic explosion, there are zero circumstances in which that will be worth $0. And if those happen, I have home owner's insurance....so I'd still get paid. Earthquakes are t...
by 2pedals
Mon Oct 01, 2018 9:15 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking Advice for Taxable Account
Replies: 10
Views: 1009

Re: Seeking Advice for Taxable Account

After thinking about it: I would move your Roth IRA ($25k) to Vanguard Wellesley Income Fund $25k (~35% stocks). I would move your taxable brokerage ($33k) to Vanguard Total Stock Market Index giving you tax efficiency. (But you should keep Growth Index Admiral if you have capital gains) This will a...
by 2pedals
Mon Oct 01, 2018 2:35 pm
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 14794

Re: Should we stay in Crazytown because there's no where to run?

I know what my answers are. “Forty-two!" yelled Loonquawl. "Is that all you've got to show for seven and a half million years' work?" "I checked it very thoroughly," said the computer, "and that quite definitely is the answer. I think the problem, to be quite honest with you, is that you've never a...
by 2pedals
Mon Oct 01, 2018 11:35 am
Forum: Investing - Theory, News & General
Topic: Why does Vanguard reccomend 60:40 US:International ratio?
Replies: 52
Views: 7677

Re: Why does Vanguard reccomend 60:40 US:International ratio?

Daitokuji wrote:
Mon Oct 01, 2018 11:09 am
Vanguard has predicted that international will outperform domestic in the next decade.
I don't think there was ever a prediction from Vanguard. Only a recommendation to diversify and to spread out risks.
by 2pedals
Mon Oct 01, 2018 10:17 am
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 14794

Re: Should we stay in Crazytown because there's no where to run?

CULater wrote:
Sat Sep 29, 2018 9:03 am
Anyone starting to flinch? I am.
CULater
Explain yourself -- what did you do? what are you going to do?
Make this an actionable thread, please!
by 2pedals
Mon Oct 01, 2018 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Pension plan choice of annuity or cash payout
Replies: 27
Views: 2823

Re: Pension plan choice of annuity or cash payout

Sufficient emergency funds No Debt Tax Filing Status: Married Filing Jointly Tax Rate: 12% Federal, 3.4% State State of Residence: Indiana Age: 63 her 65 him Questions 1. My company(her) is closing its pension plan and giving the option of a cash buyout of $285,000 or $1700. per month for life with...
by 2pedals
Sun Sep 30, 2018 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Beginner. Want to get mega-rich. Help with portfolio, tips, etc.
Replies: 87
Views: 8484

Re: Beginner. Want to get mega-rich. Help with portfolio, tips, etc.

<---- cut ----> I have to work crappy jobs just to pay for food. I don’t have enough money left over from paying my student loans, which are massive, to buy anything but food. I do live in a very, very, small apartment with a few other people. <---- and paste ----> Sorry to break the bad news. You ...
by 2pedals
Sun Sep 30, 2018 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Now or Wait
Replies: 18
Views: 1586

Re: Retirement Now or Wait

Non Retirement Accounts - $844,000 $500,000 Savings $80,000 Sitting in Checking $4,000 TRRBX TR Price Ret 2020 $260,000 VMLUX VG Limited Term Tax Exempt Adm Fund Not sure why your have your non-retirement account set up this way. You could be much more tax efficient. https://www.bogleheads.org/wiki...
by 2pedals
Sun Sep 30, 2018 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Now or Wait
Replies: 18
Views: 1586

Re: Retirement Now or Wait

You can retire now.
by 2pedals
Sun Sep 30, 2018 10:02 am
Forum: Investing - Theory, News & General
Topic: Grok's LMP-4: The 3-legged stool approach to retirement planning
Replies: 137
Views: 13015

Re: Grok's LMP-4: The 3-legged stool approach to retirement planning

That's interesting because almost all my co-workers have $1MM houses in this area, but there is a lot of FAANG money here. $1MM houses does not equal $1MM equity. Our house is paid off. Most of my coworkers have well over 50% equity due to massive stock options and/or relocations from SF Bay Area w...
by 2pedals
Sun Sep 30, 2018 9:45 am
Forum: Investing - Theory, News & General
Topic: Grok's LMP-4: The 3-legged stool approach to retirement planning
Replies: 137
Views: 13015

Re: Grok's LMP-4: The 3-legged stool approach to retirement planning

watchnerd wrote:
Sun Sep 30, 2018 9:33 am
That's interesting because almost all my co-workers have $1MM houses in this area, but there is a lot of FAANG money here.
$1MM houses does not equal $1MM equity.
by 2pedals
Sun Sep 30, 2018 9:28 am
Forum: Investing - Theory, News & General
Topic: Grok's LMP-4: The 3-legged stool approach to retirement planning
Replies: 137
Views: 13015

Re: Grok's LMP-4: The 3-legged stool approach to retirement planning

New 3-legged stool: 1. Social Security, 2. defined contribution savings, 3. paid-off house. Those are my legs. A paid off house isn't really a retirement income source, unless you plan to sell it and move into a 1 BR apartment. In fact, the bigger the house, the higher the operating expenses, inclu...
by 2pedals
Sun Sep 30, 2018 9:14 am
Forum: Investing - Help with Personal Investments
Topic: mega backdoor roth - question about tax on earnings
Replies: 25
Views: 1563

Re: mega backdoor roth - question about tax on earnings

<.....cut.....> If I want to withdraw this $11,110 before I turn 59.5, and before 5 tax year ends from the date of rollover : <.....and paste.....> It might be true for your case this time only, if this is your first contribution to any Roth IRA you own. The 5 year rule starts after the first contr...
by 2pedals
Sun Sep 30, 2018 8:26 am
Forum: Investing - Help with Personal Investments
Topic: mega backdoor roth - question about tax on earnings
Replies: 25
Views: 1563

Re: mega backdoor roth - question about tax on earnings

Kites has an excellent post here he states: In addition, it’s notable that because distributions are deemed to come from principal first and earnings second, even withdrawals from a Roth contribution within the 5-year time window will not necessarily trigger any income taxation, unless the total dis...
by 2pedals
Sun Sep 30, 2018 8:07 am
Forum: Investing - Help with Personal Investments
Topic: mega backdoor roth - question about tax on earnings
Replies: 25
Views: 1563

Re: mega backdoor roth - question about tax on earnings

<.....cut.....> If I want to withdraw this $11,110 before I turn 59.5, and before 5 tax year ends from the date of rollover : <.....and paste.....> It might be true for your case this time only, if this is your first contribution to any Roth IRA you own. The 5 year rule starts after the first contr...
by 2pedals
Sat Sep 29, 2018 6:18 pm
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 14794

Re: Should we stay in Crazytown because there's no where to run?

OP On a previous post you said you were retired. What is your asset allocation? Do you have a liability matching portfolio? Are you using a SWR, VPR or something else? How are you planning to draw down your savings? Do you have reasons leave a large amount for legacy concerns? Are you waiting to 70 ...
by 2pedals
Sat Sep 29, 2018 12:24 pm
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 14794

Re: Should we stay in Crazytown because there's no where to run?

Jack Bogle has previously said we should expect lower real stock market returns in the future. What is your ability, willingness and need to take risk? A difficult question, so set your AA appropriately.
by 2pedals
Fri Sep 28, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: New Relationship - Best way to handle finances?
Replies: 92
Views: 6752

Re: New Relationship - Best way to handle finances?

My girlfriend partially moved in with me recently. She still has her place but her contract will be up in two months. What does this exactly mean? Partially moved in? What did you and her agree to in this arrangement? Did she agree to move in so she does not have to continue paying for her rent? Di...
by 2pedals
Thu Sep 27, 2018 10:58 am
Forum: Personal Consumer Issues
Topic: Access to WSJ denied
Replies: 11
Views: 1463

Re: Access to WSJ denied

No need to have access to WSJ anyway, Bogleheads.org works for me.
by 2pedals
Thu Sep 27, 2018 8:54 am
Forum: Personal Consumer Issues
Topic: Access to WSJ denied
Replies: 11
Views: 1463

Re: Access to WSJ denied

Yes, it is blocked for me as well says
AccessDeniedAccess Denied<----with 92 random characters here--->
by 2pedals
Wed Sep 26, 2018 9:03 pm
Forum: Personal Consumer Issues
Topic: Ventilated car seats?
Replies: 61
Views: 4247

Re: Ventilated car seats?

I would try a wood beaded seat cushion first. Shouldn't cost more than $20 bucks.
by 2pedals
Wed Sep 26, 2018 6:05 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2018!
Replies: 310
Views: 43776

Re: Roll Call for the Retirement Class of 2018!

Miriam2, already knows that I am part of this class rather than the class of 2019 when I requested to be rolled forward into the class of 2018 on in Nov 1 at age 59. I am spinning the pedals faster now for the finish line. I just finalized my retirement papers. I posted here so I can track the retir...
by 2pedals
Tue Sep 25, 2018 1:27 pm
Forum: Personal Consumer Issues
Topic: Ripped off by a locksmith
Replies: 75
Views: 5725

Re: Ripped off by a locksmith

OP, you need to get past this.

Your phone call was an estimate not a quote, it isn't binding.. You should have obtained a written quote before the work was started. You agreed to a non binding estimate.
by 2pedals
Mon Sep 24, 2018 7:40 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2019!
Replies: 107
Views: 13362

Re: Roll Call for the Retirement Class of 2019!

I wish to retire even earlier so I am leaving this class and rolling into the class of 2018 to retire in Nov at age 59 :mrgreen:
by 2pedals
Mon Sep 24, 2018 6:46 pm
Forum: Personal Consumer Issues
Topic: Ripped off by a locksmith
Replies: 75
Views: 5725

Re: Ripped off by a locksmith

Get it in writing before the work is started. If the on-site written estimate does not match the phone estimate, don’t allow the work to be performed. If you are overcharged or scammed you should contact your state attorney general's office.
by 2pedals
Mon Sep 24, 2018 6:16 pm
Forum: Personal Consumer Issues
Topic: $450 for 1.5 hour plumbing job normal?
Replies: 30
Views: 3384

Re: $450 for 1.5 hour plumbing job normal?

Small jobs for pros can cost a lot more per hour. To recover for time lost traveling to work site and time lost with dealing with the customer they may charge for things like the following. A minimum number of hours Add a trip fee A service fee A flat rate for the first hour Offer flat rates for a f...
by 2pedals
Mon Sep 24, 2018 7:39 am
Forum: Investing - Theory, News & General
Topic: Simple-minded sayings?
Replies: 37
Views: 3078

Re: Simple-minded sayings?

OP, I don't agree that the aphorism examples you have given are "simple minded". Although they are never exactly true for everybody, they contain some useful information in a few words and they should never be taken out of context to the discussion. "They are food for thought". The aphorisms you lis...
by 2pedals
Sun Sep 23, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: Fidelity cobrowser??
Replies: 34
Views: 2589

Re: Fidelity cobrowser??

I finally got an answer from Fidelity, by going through their customer service chat. According to their rep, yes, this is legitimate. It's a new support feature they are working on rolling out, and I just happened to be unlucky enough to have accidentally tripped it before they announced. Be very c...
by 2pedals
Wed Sep 19, 2018 6:32 pm
Forum: Personal Consumer Issues
Topic: What is your single most expensive mistake?
Replies: 293
Views: 25257

Re: What is your single most expensive mistake?

Using market timing techniques for too long. It worked until it didn't -- got badly burned.
by 2pedals
Mon Sep 17, 2018 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 154
Views: 12155

Re: Considering Quitting Job - Seeking Advice. Would you do it?

Johnny Paycheck has a good classic song for you to sing along to while your write up your resignation.