Search found 397 matches

by clutchied
Wed Nov 15, 2017 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Previous employer terminating pension
Replies: 15
Views: 2644

Re: Previous employer terminating pension

so my company has looked at doing this a few times. The issue currently is that an insurance company wants between 20-30% premiums to annuitize the pension contracts. So if I get you to take an early lump sum it will cost me significantly less. These pensions are a nightmare. It's not like there's s...
by clutchied
Thu Nov 09, 2017 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Are all Payroll-->HSA contributions pre-tax?
Replies: 11
Views: 636

Re: Are all Payroll-->HSA contributions pre-tax?

Olemiss540 wrote:
Thu Nov 09, 2017 10:00 am
pochax wrote:
Thu Nov 09, 2017 9:08 am
in my paystub, my HSA contribution is taken out pre-tax so i cannot deduct it again on my tax return. it is basically just withheld like my 401k contribution is.
Same, and you should also be pre-fica, so check your FICA contributions and make sure payroll is not messing that up....
Yes!
by clutchied
Thu Nov 09, 2017 10:35 am
Forum: Personal Consumer Issues
Topic: Worth changing 40 gal. to 30gal. hot water tank?
Replies: 90
Views: 4691

Re: Worth changing 40 gal. to 30gal. hot water tank?

cost to run is de minimis.

Get something that you're comfortable with. I wouldn't ever go smaller.
by clutchied
Thu Nov 09, 2017 10:33 am
Forum: Personal Consumer Issues
Topic: Which heart rate monitor is the most accurate?
Replies: 21
Views: 1304

Re: Which heart rate monitor is the most accurate?

If you want an accurate HR monitor, look for a chest-strap and avoid the wrist monitors. At this point, anything from Suunto, Garmin and Polar will function as well as any normal person needs them to. I was going to make the same point. Wrist based are ok, but you have to go chest strap if you want...
by clutchied
Wed Nov 08, 2017 4:05 pm
Forum: Personal Consumer Issues
Topic: Which heart rate monitor is the most accurate?
Replies: 21
Views: 1304

Re: Which heart rate monitor is the most accurate?

If you want an accurate HR monitor, look for a chest-strap and avoid the wrist monitors. At this point, anything from Suunto, Garmin and Polar will function as well as any normal person needs them to. I was going to make the same point. Wrist based are ok, but you have to go chest strap if you want...
by clutchied
Wed Nov 08, 2017 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 151
Views: 12692

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

RDHlooking4FIRE wrote:
Tue Nov 07, 2017 8:27 pm
I am 34 years old and I currently save $12000 a year for retirement
37 and my wife and I save $52k / yr. including company matches. (all tax deferred).
by clutchied
Tue Nov 07, 2017 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Need input: minor rear fender bender with a veteran
Replies: 14
Views: 1870

Re: Need input: minor rear fender bender with a veteran

Before I turned 18 I bumped two different people turning at a light... :( they were kind and didn't make a big deal about it. I appreciate the grace they showed me when I was young stupid and vulnerable. I thank them now by returning the favor. I've only been hit once but it was similar so I returne...
by clutchied
Tue Nov 07, 2017 6:12 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 284
Views: 19511

Re: To take or not to take delivery of Tesla 3

3. Lvl. 3: "Fast Charge" "DC Fast Charge" "Superchargers" are the common names for these chargers. They are a direct shot into the vehicle and bypass the onboard charging equipment. Generally an 80% charge is obtained in 20 to 40mins. Tesla has a bunch of these superchargers all over and DC fast ch...
by clutchied
Tue Nov 07, 2017 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Disposable income... how?
Replies: 106
Views: 9616

Re: Disposable income... how?

great advice in this thread. I remember driving through Santa Clarita, CA with a work colleague and he was flabbergasted by the external displays of wealth. I just told him that most of these people were broke and in debt up to their eyeballs. He was shocked and I'm sure it wasn't true for all but ...
by clutchied
Tue Nov 07, 2017 12:20 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 284
Views: 19511

Re: To take or not to take delivery of Tesla 3

I wanted to provide some clarity here since there is quite a bit going on with Electric cars and they are relatively new utilizing a different fuel source. The equipment below is generally referred to as EVSE or electric vehicle supply equipment. The "charger" is actually in the car and has limits o...
by clutchied
Tue Nov 07, 2017 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Financial Check up!
Replies: 12
Views: 1360

Re: Financial Check up!

I'm not personally a fan of having that much skin in the real estate game. If it were me I'd sell 1 or 2 rentals and put more money in retirement accounts. But, if that's what you're into, that's fine. Just curious, did you own any property back during the 2008 housing crash? Just wondering if you'...
by clutchied
Tue Nov 07, 2017 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Children's money?
Replies: 26
Views: 2721

Re: Children's money?

We've had pretty decent success opening 529's for our kids and then offering a 100% match of any contributions from family members. I write a quarterly newsletter with updates to all the stakeholders who have contributed to the account. I run a couple of metrics and show where the accounts are and h...
by clutchied
Mon Nov 06, 2017 10:25 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Check up!
Replies: 12
Views: 1360

Re: Financial Check up!

CAP rate or ROI is very low on all three rentals. #2 and #3 are below marginal. As a R/E investor businessman, I would sell #2 and #3 for starters then consider either increasing gains on #1. Also, using the funds from the 2 sales to allocate elsewhere to best advantage. You are highly leveraged/de...
by clutchied
Mon Nov 06, 2017 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Check up!
Replies: 12
Views: 1360

Re: Financial Check up!

Perkunas wrote:
Mon Nov 06, 2017 7:02 pm
Sell #2 and put some of the proceeds into your emergency fund and then pay down debt on the others would be my advice. It certainly seems like you need a much bigger emergency pot considering 4 properties and 800k of debt.
Good perspective. It's pretty sobering.
by clutchied
Mon Nov 06, 2017 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Check up!
Replies: 12
Views: 1360

Re: Financial Check up!

I was thinking sell #2 as well. You would be able to have your wife stay at home sooner rather than have the little cash flow that rental is providing. 30k doesnt seem nearly adequate if you were to lose renters or have a repair at each rental or even your house in the same month. It's definitely a...
by clutchied
Mon Nov 06, 2017 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Check up!
Replies: 12
Views: 1360

Re: Financial Check up!

Why are you unwilling to sell any of the rental real estate? Is it all in the same town/city/metro area? Unwilling was probably the wrong wording. #1 is local(ohio) and #2&3 are in California. There's a lot of untapped equity in #2 which has crossed my mind but it's currently leased and has had zer...
by clutchied
Mon Nov 06, 2017 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard CA Intermediate / Long Term Tax Exempt Fund
Replies: 4
Views: 304

Re: Vanguard CA Intermediate / Long Term Tax Exempt Fund

I run my father's brokerage account and with rates being as low as they are I wouldn't do long term bonds in any portfolio currently. The yield on the intermediate is decent so I don't see any reason to chase yields for more risk. the CA intermediate is a great fund and the tax free coupons are nice.
by clutchied
Mon Nov 06, 2017 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Check up!
Replies: 12
Views: 1360

Financial Check up!

Hi All, A plea for wisdom from the community: Me: 37 Wife: 36 2x kids 6&3 Emergency Fund $30k 401k & IRA: $300k 3x Rentals: 1: FMV $260k / Debt $170k Monthly Free cash flow $1200. 2: FMV $420k / Debt $230k Monthly Free cash flow $300. 3: FMW $136k / Debt $60k Monthly Free cash flow $200. Personal Re...
by clutchied
Mon Nov 06, 2017 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Disposable income... how?
Replies: 106
Views: 9616

Re: Disposable income... how?

great advice in this thread. I remember driving through Santa Clarita, CA with a work colleague and he was flabbergasted by the external displays of wealth. I just told him that most of these people were broke and in debt up to their eyeballs. He was shocked and I'm sure it wasn't true for all but y...
by clutchied
Mon Nov 06, 2017 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP+HSA, why mix insurance and investments???
Replies: 21
Views: 1272

Re: HDHP+HSA, why mix insurance and investments???

My HSA has two parts. A cash part (insurance) and an investment part. Currently the cash part can pay the full deductible if needed and the investments generate free office visits yearly for my whole family. I love my HSA but I will say it was a little rough building it up initially while still payi...
by clutchied
Mon Oct 30, 2017 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: HDHP now available, too many choices, overwhelmed
Replies: 13
Views: 910

Re: HDHP now available, too many choices, overwhelmed

HSA is currently the best tax-sheltered retirement vehicle that exists in the US. It comes out Pre-FICA, which none of the other retirement accounts do. I 100% fund mine every year. You can use it for medical or save up all your receipts and let it build over the years and then reimburse yourself la...
by clutchied
Mon Oct 30, 2017 12:43 pm
Forum: Personal Consumer Issues
Topic: Is it difficult to switch from an iPhone to an Android?
Replies: 97
Views: 7137

Re: Is it difficult to switch from an iPhone to an Android?

I like Android better and currently use android but I wouldn't advise anyone who is happy w/ Apple's system to switch. #1 I don't like providing tech support anymore. #2 you get really used to that single idiot button on apple's devices. It goes all the way back to their single idiot button mouse......
by clutchied
Fri Oct 27, 2017 9:23 am
Forum: Investing - Theory, News & General
Topic: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio
Replies: 84
Views: 11110

Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

93!! what a guy!

thank you for your continued contributions here Taylor!
by clutchied
Wed Oct 25, 2017 3:00 pm
Forum: Personal Consumer Issues
Topic: Anyone planning on getting the new Pixel phone?
Replies: 140
Views: 9352

Re: Anyone planning on getting the new Pixel phone?

For me the draw is the camera. the 6P has a nice camera but I look back at my pictures and the newer they are the better they look. I have young kids and I'd prefer to continue to get better and more pictures of them. I've only had the Pixel 2 for about 6 days now, and I have to say, I think the ca...
by clutchied
Wed Oct 25, 2017 2:13 pm
Forum: Personal Consumer Issues
Topic: Anyone planning on getting the new Pixel phone?
Replies: 140
Views: 9352

Re: Anyone planning on getting the new Pixel phone?

I'll get a Pixel 2 XL at some point probably after Christmas. I have a Nexus 6P and it's has Android 8.0 but it's starting to slow down. For me the draw is the camera. the 6P has a nice camera but I look back at my pictures and the newer they are the better they look. I have young kids and I'd prefe...
by clutchied
Wed Oct 25, 2017 1:56 pm
Forum: Personal Consumer Issues
Topic: metal roof: standing seam vs interlocking panels
Replies: 15
Views: 1375

Re: metal roof: standing seam vs interlocking panels

standing seam. No exposed fasteners or exposed punctures.
by clutchied
Thu Oct 19, 2017 10:32 am
Forum: Personal Consumer Issues
Topic: How does the medical billing system work?
Replies: 34
Views: 2373

Re: How does the medical billing system work?

A $100 doctor's visit doesn't really compare to a $20,000 hospital bill. My DR charges closer to $400 per visit which is discounted to $200 per my insurance. This June I had to take myself and two kids into Dr as we all came down with something, the oldest had to go in twice because the first time ...
by clutchied
Thu Oct 19, 2017 10:24 am
Forum: Personal Consumer Issues
Topic: How does the medical billing system work?
Replies: 34
Views: 2373

Re: How does the medical billing system work?

My question was: if an independent doctor charges you $100 and you paid zero, but CMS pays $25, will the independent doctor also gets to do a charity writeoff of $25? Or is that statement only applicable to hospitals? Well physicians aren't not for profits usually. So the bad debt would technically...
by clutchied
Thu Oct 19, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Account Stolen by Identity theft
Replies: 372
Views: 49542

Re: Retirement Account Stolen by Identity theft

mptfan wrote:
Thu Oct 19, 2017 8:34 am
clutchied wrote:
Thu Oct 05, 2017 4:21 pm
On another note; is there a way to lock withdrawals for a period of time? Like a voluntary lock...
Wouldn't a voluntary lock be subject to a voluntary unlock?
foiled!! :oops:
by clutchied
Thu Oct 19, 2017 8:53 am
Forum: Personal Consumer Issues
Topic: How does the medical billing system work?
Replies: 34
Views: 2373

Re: How does the medical billing system work?

No one pays the gross charge UNLESS, you go to a for profit hospital with no contracts with anyone. (these exist be careful). Not true. In addition to the uninsured (much less of a problem under Obamacare as everyone is eligible for insurance even if they have pre existing conditions), if the provi...
by clutchied
Thu Oct 19, 2017 8:47 am
Forum: Personal Consumer Issues
Topic: How does the medical billing system work?
Replies: 34
Views: 2373

Re: How does the medical billing system work?

This grossly over stated MSRP is how hospitals get giant tax write offs and maintain their non profit status. They treat uninsured and then write off this giant non collectable fee on their tax bill. So by magic they have no profit!!!!? This is 100% false. Do not listen to this person. They are lyi...
by clutchied
Wed Oct 18, 2017 9:10 am
Forum: Personal Consumer Issues
Topic: How does the medical billing system work?
Replies: 34
Views: 2373

Re: How does the medical billing system work?

No one pays the gross charge UNLESS, you go to a for profit hospital with no contracts with anyone. (these exist be careful). Not true. In addition to the uninsured (much less of a problem under Obamacare as everyone is eligible for insurance even if they have pre existing conditions), if the provi...
by clutchied
Tue Oct 17, 2017 7:42 am
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 7254

Re: What are you driving? And would you buy your current ride again?

This is embarrassing but we currently have 5 cars for 2 drivers... '14 BMW i3 '12 Honda Odyssey '08 BMW 528xi '06 BMW 330i '02 BMW 530i I would buy them all again; all were used except the Honda which we purchased new. I love each of them dearly and I'm going to have to sell one of them soon... mayb...
by clutchied
Fri Oct 13, 2017 3:03 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 284
Views: 19511

Re: To take or not to take delivery of Tesla 3

I cancelled my reservation; it was painful after waiting a year and a half. I still have mixed feelings about it as I am very much in favor of EV's and I am in the group that should be bearing the cost so others can have them at some point. I just couldn't do it :(. Thank you for doing your part; y...
by clutchied
Fri Oct 13, 2017 12:50 pm
Forum: Personal Consumer Issues
Topic: How does the medical billing system work?
Replies: 34
Views: 2373

Re: How does the medical billing system work?

This grossly over stated MSRP is how hospitals get giant tax write offs and maintain their non profit status. They treat uninsured and then write off this giant non collectable fee on their tax bill. So by magic they have no profit!!!!? This is 100% false. Do not listen to this person. They are lyi...
by clutchied
Fri Oct 13, 2017 12:44 pm
Forum: Personal Consumer Issues
Topic: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)
Replies: 53
Views: 3796

Re: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)

make sure you rent a Jeep! You'll regret not doing it :) We rented a compact car when we went to Kauai. I thought it was fine. A lot of the roads are bumpy and narrow, and depending where you're going may be gravel, but generally reasonable as far as we saw. No doubt there are some of the less freq...
by clutchied
Fri Oct 13, 2017 12:41 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 284
Views: 19511

Re: To take or not to take delivery of Tesla 3

I cancelled my reservation; it was painful after waiting a year and a half. I still have mixed feelings about it as I am very much in favor of EV's and I am in the group that should be bearing the cost so others can have them at some point. I just couldn't do it :(. Thank you for doing your part; y...
by clutchied
Fri Oct 13, 2017 11:20 am
Forum: Personal Consumer Issues
Topic: How does the medical billing system work?
Replies: 34
Views: 2373

Re: How does the medical billing system work?

Hospitals realize about 20% of what they "bill". This is called the gross charge, let's say it's $100. Your insurance company whether it be Anthem, UHC or Medicare has contracted with this facility to negotiate a better rate. They say we'll only pay your $ 35 for Anthem, $33 for UHC and $24 for Medi...
by clutchied
Fri Oct 13, 2017 11:10 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 284
Views: 19511

Re: To take or not to take delivery of Tesla 3

Buying a $60k car that only goes 220 real miles is a great idea...said no one ever. I love the idea of electric self driving cars. They're just too expensive and the range isnt good enough yet. Plus tesla hasnt been profitable since it began. I think Musk is a genius and what he started will pave t...
by clutchied
Fri Oct 13, 2017 11:09 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 284
Views: 19511

Re: To take or not to take delivery of Tesla 3

I bought a used BMW i3 w/ 16,000 miles on it for cheap. I made the mistake of going and driving one and it's a superb little car. I was shocked initially b/c I had written it off b/c of how ugly it is... but the passenger compartment is quite large and it's incredibly fun to drive . A few car magaz...
by clutchied
Fri Oct 13, 2017 10:32 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 284
Views: 19511

Re: To take or not to take delivery of Tesla 3

same boat. once you get up to $60k you could just buy a nice used model S. My window IIRC is oct / Jan or something like that. I'm a huge fanboy but I keep finding amazing used car deals and the thought of spending $50k on a car has my stomach turning... I would really like an EV though. Quoting my...
by clutchied
Fri Oct 13, 2017 7:36 am
Forum: Personal Consumer Issues
Topic: Building additional garage - recommendations?
Replies: 26
Views: 1288

Re: Building additional garage - recommendations?

Something I wished I'd looked at more closely was a higher ceiling in the garage. This may sound crazy but you can get car lifts installed for around $2500 and it adds another car slot. Way cheaper than building more space. I love BMW's but I drive an i3 daily but have others I like to drive on the ...
by clutchied
Fri Oct 13, 2017 7:29 am
Forum: Personal Consumer Issues
Topic: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)
Replies: 53
Views: 3796

Re: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)

make sure you rent a Jeep! You'll regret not doing it :)
by clutchied
Thu Oct 12, 2017 10:55 am
Forum: Personal Consumer Issues
Topic: 2018 Honda Accord
Replies: 54
Views: 5539

Re: 2018 Honda Accord

very cool! You can get the bigger 2.0 turbo w/ a 6spd manual! Nice!

the turbo 4 puts out as much power as my 3.0 330i. I'd be curious how different the driving characteristics are.
by clutchied
Thu Oct 12, 2017 9:36 am
Forum: Investing - Theory, News & General
Topic: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston
Replies: 35
Views: 6364

Re: With panicked homeowners selling their flooded homes for 40¢ on the dollar, investors are flocking to Houston

that's not good, but it's certainly an opportunity. I'm not sure how I feel about people losing their homes. In some ways it makes the market more efficient but it also facilitates moving people into rental homes and entrenching the housing market. I lived in CA through the downturn and I knew lots ...
by clutchied
Thu Oct 12, 2017 8:44 am
Forum: Personal Consumer Issues
Topic: SUV options with 3 little kids
Replies: 57
Views: 3385

Re: SUV options with 3 little kids

Bimmer wrote:
Wed Oct 11, 2017 10:23 pm
Can't believe I'm saying this, but I am - +1 for Minivan.
I love our minivan, but if I'd known my wife was going to call it quits @ 2 kids I never would have agreed to one.


I also have 4 bmw's....
by clutchied
Thu Oct 12, 2017 8:27 am
Forum: Personal Consumer Issues
Topic: Mechanic expects me to pay for his mistake
Replies: 41
Views: 3241

Re: Mechanic expects me to pay for his mistake

Not the mechanic's fault. A small town mechanic who doesn't specialize in this specific model of vehicle quite possibly did not know the entire scope of the problem. You took that risk when you asked a non-expert to work on your vehicle. This is a design defect that Ford has admitted to. Your beef ...
by clutchied
Thu Oct 12, 2017 8:27 am
Forum: Personal Consumer Issues
Topic: Mechanic expects me to pay for his mistake
Replies: 41
Views: 3241

Re: Mechanic expects me to pay for his mistake

The problem is in this location it is a fairly small community and I doubt another mechanic will lay blame on the original mechanic. DA it's a manufacturing fault that is well known in the repair community. Sometimes they break and sometimes they don't. You were unlucky. I agree he should have noti...
by clutchied
Wed Oct 11, 2017 12:54 pm
Forum: Personal Consumer Issues
Topic: Wifi Thermostat
Replies: 55
Views: 3870

Re: Wifi Thermostat

They do hate it though... That's a great point. I have in laws who are clueless and would set the AC at 58 degrees whenever they were feeling warm. The AC would run for the whole day nonstop. With the Nest I can set the limits of how far the temperature can be adjusted and this ended the nonsense. ...