Search found 4724 matches

by Kenkat
Sun Apr 21, 2019 2:20 pm
Forum: Personal Consumer Issues
Topic: update 70s kitchen or nah?
Replies: 31
Views: 1886

Re: update 70s kitchen or nah?

In general, you won’t get 100% of the money you put into a kitchen remodel when you sell. Maybe 60-80% is typical with a well done remodel, more if your kitchen is a real abomination, less if you do something funky (your rustic cabinet choice makes me worry a little :happy). That said, if you would ...
by Kenkat
Sun Apr 21, 2019 9:21 am
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 112
Views: 7034

Re: fun car advice

you can’t turn a Prius into a 2000lb rear wheel drive car. There’s also the factory turbo Mazdaspeed Miata if you want a bit more kick. I beg to differ https://www.youtube.com/watch?v=c2bknPS7YuQ No way that thing is 2,000lbs :mrgreen: Another point is that there are numerous v8 swap kits ready to ...
by Kenkat
Sun Apr 21, 2019 8:38 am
Forum: Personal Finance (Not Investing)
Topic: Best Credit Card for College Freshman
Replies: 50
Views: 1898

Re: Best Credit Card for College Freshman

When each of my three children turned 18, I opened joint Checking and Credit Card accounts with them. Two of them soon bought used cars and I co-signed those loans. Their loan rates were excellent. Actions like these gave them excellent credit. IMO, that was part of my parental responsibility of ge...
by Kenkat
Sat Apr 20, 2019 6:18 pm
Forum: Personal Consumer Issues
Topic: Is Crown Molding Out-of-Style?
Replies: 36
Views: 3530

Re: Is Crown Molding Out-of-Style?

I think you don’t see it a lot because it fairly expensive and takes a fair amount of skill to do well. I have a pretty modern open floor plan house - we have a 3 piece crown molding in our great room and dining room and I think it looks fantastic. The woodwork in our house really sets it apart from...
by Kenkat
Sat Apr 20, 2019 6:06 pm
Forum: Investing - Theory, News & General
Topic: American Funds vs Vanguard
Replies: 69
Views: 3923

Re: American Funds vs Vanguard

Explorer wrote:
Sat Apr 20, 2019 5:59 pm
I hold Vanguard's Wellesley (for conservative allocation) and STAR (for moderate allocation). Is there a reason to additionally consider American funds?
Nope. The Vanguard funds you hold are lower in cost than American funds, so there’s no reason to look any further than Vanguard.
by Kenkat
Fri Apr 19, 2019 6:58 pm
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 3484

Re: Windows 7 end of support - Jan 14, 2020

Every new version of every software I've ever used has a group of users that won't adapt because they're used to the older versions. This is true even when there are gigantic improvements to the software, simple training is provided, etc. I'm not saying that all updates are positive, but not everyo...
by Kenkat
Fri Apr 19, 2019 6:41 pm
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 3484

Re: Windows 7 end of support - Jan 14, 2020

Every new version of every software I've ever used has a group of users that won't adapt because they're used to the older versions. This is true even when there are gigantic improvements to the software, simple training is provided, etc. I'm not saying that all updates are positive, but not everyo...
by Kenkat
Fri Apr 19, 2019 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Best Credit Card for College Freshman
Replies: 50
Views: 1898

Re: Best Credit Card for College Freshman

Discover has worked well for my college age son; it is strictly in his name, he started with a $1200 credit limit which was recently increased, no annual fee. He is very financially savvy (owns Vanguard funds as well), pays off the card every month and was happy to see that he had a 759 credit score...
by Kenkat
Fri Apr 19, 2019 3:58 pm
Forum: Personal Consumer Issues
Topic: How far would you commute?
Replies: 72
Views: 2741

Re: How far would you commute?

30 minutes is about my limit. I once did a 70 mile commute, one hour and 20 minutes each way and it really wore me out. I’d probably take the severance if you think your job prospects are decent. p.s. I’d rather do a 60 mile drive in a hour than a 24 mile drive. All the traffic adds to the overall f...
by Kenkat
Thu Apr 18, 2019 8:13 pm
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 3484

Re: Windows 7 end of support - Jan 14, 2020

I’ve had no issues with Win 10 having upgraded from Win 7 when it first came out. I consider it better and more stable than Win 7 which was also a very stable OS. If you plan on keeping Win 7 running past the end of life date, realize that there will be no more security patches from Microsoft for it...
by Kenkat
Thu Apr 18, 2019 8:05 pm
Forum: Investing - Theory, News & General
Topic: This could be the biggest risk that retirees face?
Replies: 117
Views: 8063

Re: This could be the biggest risk that retirees face?

Dying young does not seem like a good risk mitigation strategy.
by Kenkat
Thu Apr 18, 2019 8:03 pm
Forum: Personal Consumer Issues
Topic: Is it worth renting a car in Vegas?
Replies: 21
Views: 1435

Re: Is it worth renting a car in Vegas?

Is the $50 all in per day or for the week? If it is for the week, I’d pay the $15 daily parking and have the freedom to go wherever you’d like - Hoover Dam, Grand Canyon or Red Rock Canyon might be a nice break away for a couple of day trips.

If it’s $50 a day, that’s probably a different story.
by Kenkat
Thu Apr 18, 2019 7:59 pm
Forum: Investing - Theory, News & General
Topic: American Funds vs Vanguard
Replies: 69
Views: 3923

Re: American Funds vs Vanguard

American funds are relatively low cost and low turnover active funds. They have had decent performance overall. I prefer Vanguard’s index and active funds but thy are not a terrible choice if you don’t have that option.
by Kenkat
Thu Apr 18, 2019 3:14 pm
Forum: Personal Consumer Issues
Topic: What is your hobby and how did it come to be your hobby?
Replies: 88
Views: 6338

Re: What is your hobby and how did it come to be your hobby?

Coin collecting. I had a modest coin collection as a kid in the mid-70s and mostly forgot about it for many years. About 15 years ago, I decided to finish out my 1973 Topps Baseball card collection that I still had in a box from when I was 10 or so. I really enjoyed making a list of cards needed an...
by Kenkat
Wed Apr 17, 2019 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security - How Secure?
Replies: 28
Views: 1461

Re: Social Security - How Secure?

JoeRetire wrote: If you want to be conservative and realistic, estimate a 24% cut starting around 2032 or so. That's about what will happen if congress is stupid enough not to act at all between now and then.
No one in office in 2032 will be re-elected if this actually comes to pass. So I believe it won’t.
by Kenkat
Wed Apr 17, 2019 6:57 pm
Forum: Personal Consumer Issues
Topic: What is your hobby and how did it come to be your hobby?
Replies: 88
Views: 6338

Re: What is your hobby and how did it come to be your hobby?

I maintain a website www.poologic.com encouraging people to use scientific methods to play NCAA bracket pools and give some of the winnings to charity. I recently completed a book Improving Your NCAA Bracket with Statistics published by CRC Press. I got into this in 1999 when I found that the avail...
by Kenkat
Wed Apr 17, 2019 11:49 am
Forum: Personal Investments
Topic: REIT's recent pullback
Replies: 14
Views: 1738

Re: REIT's recent pullback

I saw that it dropped over 2% yesterday while the market was up so I wondered myself what if anything was going on. REIT Index is still up over the past month however, so I don’t think there’s much of anything going on - noise and animal spirits, perhaps, which I’ve learned are best ignored.
by Kenkat
Tue Apr 16, 2019 7:34 pm
Forum: Personal Consumer Issues
Topic: What is your hobby and how did it come to be your hobby?
Replies: 88
Views: 6338

Re: What is your hobby and how did it come to be your hobby?

Coin collecting. I had a modest coin collection as a kid in the mid-70s and mostly forgot about it for many years. About 15 years ago, I decided to finish out my 1973 Topps Baseball card collection that I still had in a box from when I was 10 or so. I really enjoyed making a list of cards needed and...
by Kenkat
Tue Apr 16, 2019 7:10 pm
Forum: Personal Investments
Topic: Question about AA for someone 10 years from retirement with no savings
Replies: 21
Views: 988

Re: Question about AA for someone 10 years from retirement with no savings

With zero saved so far and 10 or so years to go until retirement, asset allocation is mostly irrelevant. Far more important is savings rate, so that’s what I would concentrate on. Let’s say she manages to save $30,000 per year. At the end of year 1, the difference between earning 10% and 7% is $900....
by Kenkat
Tue Apr 16, 2019 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: In Laws Retirement Nest Egg
Replies: 156
Views: 14036

Re: In Laws Retirement Nest Egg

I think your in-laws are likely fine. For comparison purposes, my in-laws retired with $250k in assets and monthly income from pension and social security of around $3000/mo. The monthly income was enough that they were still able to save a little when they lived on their own. When they went to assi...
by Kenkat
Sun Apr 14, 2019 9:06 pm
Forum: Personal Consumer Issues
Topic: Best 48-52" TV for ~$500? Costco?
Replies: 14
Views: 908

Re: Best 48-52" TV for ~$500? Costco?

You should be able to get a 50” 4K HDR TV for under $350. Samsung and LG tend to be the leading brands; there’s also Visio, TCL, etc.
by Kenkat
Sun Apr 14, 2019 8:55 pm
Forum: Personal Consumer Issues
Topic: Luxury car recommendations?
Replies: 100
Views: 7404

Re: Luxury car recommendations?

The logical step up from a Camry is a Lexus ES. Especially so if you are not, as you said, a car enthusiast but just looking for something more luxurious. Comfortable, reliable, good power and enough brand appeal to say “hey, we’re doing pretty well here”. It’s not the car to go blasting down the ba...
by Kenkat
Sat Apr 13, 2019 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: How to avoid throwing money at problems?
Replies: 62
Views: 4156

Re: How to avoid throwing money at problems?

I think it is time to start throwing money at problems. Because you make $350k per year, you can afford that option. Kenkat, You are assuming that OP did not spend most of his household income on the house. That may or may not be true. KlangFool Good point. If that is indeed the case, that is proba...
by Kenkat
Sat Apr 13, 2019 11:25 am
Forum: Personal Finance (Not Investing)
Topic: How to avoid throwing money at problems?
Replies: 62
Views: 4156

Re: How to avoid throwing money at problems?

I think it is time to start throwing money at problems. Because you make $350k per year, you can afford that option. Think of the yearly outlay to solve these problems compared to your income: 1)Buy a new car, keep it 10 years. Let’s say that’s $3,000 / yr. 2) Get a cleaning service. $75/wk. is $3,9...
by Kenkat
Fri Apr 12, 2019 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Trust investment choices for a difficult beneficiary
Replies: 108
Views: 6096

Re: Trust investment choices for a difficult beneficiary

This is a very difficult situation, but if you can emotionally stomach it, I would just keep doing exactly what you are doing and do your best to ignore any emails you get. I think you’ve done an admirable (with a capital A) job of managing this money responsibly and in keeping with the overall dire...
by Kenkat
Fri Apr 12, 2019 10:31 am
Forum: Personal Consumer Issues
Topic: Ingenious Way To Find Reasonably Priced Painter
Replies: 57
Views: 6010

Re: Ingenious Way To Find Reasonably Priced Painter

Is this to paint the inside of the house or the outside? Outside I don’t know what your house is like, but I am very comfortable painting and would never try to paint the outside of my house. 45 degree slope roofs, peaks above the slope, etc. No thanks - I get your skills/equipment point. If you ca...
by Kenkat
Thu Apr 11, 2019 3:11 pm
Forum: Personal Consumer Issues
Topic: Ingenious Way To Find Reasonably Priced Painter
Replies: 57
Views: 6010

Re: Ingenious Way To Find Reasonably Priced Painter

Is this to paint the inside of the house or the outside?
by Kenkat
Wed Apr 10, 2019 6:31 pm
Forum: Personal Consumer Issues
Topic: Remote control solution for my parents.
Replies: 38
Views: 2290

Re: Remote control solution for my parents.

Get a remote start for your car. Use it to start your car and drive over to your parent’s house because “the TV is broken again”.

I’m only half joking.
by Kenkat
Mon Apr 08, 2019 8:38 pm
Forum: Personal Investments
Topic: Minutiae is in the eye of the beholder-Help, something's in my eye!
Replies: 29
Views: 2053

Re: Minutiae is in the eye of the beholder-Help, something's in my eye!

For the funds in the Traditional IRA and the Roth IRA, they are invested in mostly American funds. While these are active funds and they do have higher expense ratios than index funds, they are also well run with low turnover. If you look up each ticker, about half of them have beaten their index ov...
by Kenkat
Mon Apr 08, 2019 8:15 pm
Forum: Personal Consumer Issues
Topic: New homeowner wants to DIY, but disappointed today
Replies: 50
Views: 4922

Re: New homeowner wants to DIY, but disappointed today

Every once in awhile, you stretch your skill level a little too far and a project goes south on you. It happens, learn from your mistakes and remember there’s nothing wrong for calling in the pros for certain jobs.
by Kenkat
Mon Apr 08, 2019 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Using 529 for older sibling
Replies: 9
Views: 1028

Re: Using 529 for older sibling

Note that you will need to change the beneficiary on the plan to your daughter before using it to pay expenses for her.
by Kenkat
Sun Apr 07, 2019 8:26 pm
Forum: Personal Consumer Issues
Topic: fun car advice
Replies: 112
Views: 7034

Re: fun car advice

The thing about all these car threads is that you really need to go out and drive these cars to know. A fun car has to stir some inner desire in you and what you think might be the perfect car could be a dud the minute you get behind the wheel and drive it. Drive an Elise, drive an S2000, drive a Mi...
by Kenkat
Sun Apr 07, 2019 1:10 pm
Forum: Personal Consumer Issues
Topic: Help me cross shop a new Nissan Maxima
Replies: 13
Views: 746

Re: Help me cross shop a new Nissan Maxima

Most people use V6 and 6 cylinder engine interchangeably but a V6 is just one of the options for a 6 cylinder engine. They are actually a more complex design than for example an inline 6 (or straight 6, with the cylinders in a line) but they are compact and so they can be put into smaller engine bay...
by Kenkat
Sun Apr 07, 2019 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Home Insurance ? (Filing claim 6 days after closing)
Replies: 7
Views: 820

Re: Home Insurance ? (Filing claim 6 days after closing)

Around here, most new construction homes have a National Homebuilders Association 1 year warranty. I’d contact your builder and see what they say.
by Kenkat
Sun Apr 07, 2019 12:17 pm
Forum: Personal Consumer Issues
Topic: Need a new microwave
Replies: 29
Views: 1848

Re: Need a new microwave

I have found over the years that I use very few of the advanced features of a microwave beyond the basics, so I have typically bought the most basic model I can find. My last one was $99 several years ago - it was an unbranded over the range model that was made by Goldstar if you read the manufactur...
by Kenkat
Sun Apr 07, 2019 11:29 am
Forum: Personal Consumer Issues
Topic: Help me cross shop a new Nissan Maxima
Replies: 13
Views: 746

Re: Help me cross shop a new Nissan Maxima

The V6 is no longer available for the Accord however.

The Kia Stinger GT is another option although I think all models have leather seating surfaces.
by Kenkat
Sun Apr 07, 2019 10:18 am
Forum: Personal Consumer Issues
Topic: Should I regularly replace the water filter in the fridge?
Replies: 50
Views: 3951

Re: Should I regularly replace the water filter in the fridge?

I replace mine every 6 months using aftermarket filters purchased in multiples so that the cost per month comes out to be about a dollar.
by Kenkat
Sat Apr 06, 2019 8:17 pm
Forum: Personal Consumer Issues
Topic: Huge AirBNB Cancellation Charge
Replies: 123
Views: 7026

Re: Huge AIrBNB Cancellation Charge

With negative publicity on a high volume site such as this, I’d say the AirBNB brand has already suffered more than $1,200 of damage. Are you listening AirBNB? You should be...
by Kenkat
Sat Apr 06, 2019 8:10 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Announces Plans to Launch Commodities Fund
Replies: 132
Views: 9579

Re: Vanguard Announces Plans to Launch Commodities Fund

I don't see why there is so much hate for this fund. Personally, I'm not going to invest in it when it becomes available , but I will consider it at a later time. I also agree with Day9 in how it should be implemented in a portfolio. Too bad that it includes short term bonds and not intermediate or...
by Kenkat
Sat Apr 06, 2019 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Question about social security
Replies: 5
Views: 893

Re: Question about social security

It she works or worked in the past, it might actually make sense for her to claim on her own record when she is 62, then switch to 1/2 of your benefit when you retire and claim your benefit. Here’s a good calculator where you can enter the specifics of your situation and get recommendations: https:/...
by Kenkat
Sat Apr 06, 2019 2:36 pm
Forum: Investing - Theory, News & General
Topic: 50%VPMAX+50%VBTLX > VWELX????? Why?
Replies: 8
Views: 605

Re: 50%VPMAX+50%VBTLX > VWELX????? Why?

All of these funds are excellent low cost funds. Wellington has been a solid performer and is approximately 67% stocks, 33% bonds. Primecap is one of the best Vanguard active equity fund. Total Bond does what a bond fund should. I think the reason a lower equity percentage when using 50/50 Primecap/...
by Kenkat
Sat Apr 06, 2019 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Standard Deduction vs Itemizing - Experience this year
Replies: 52
Views: 5153

Re: Standard Deduction vs Itemizing - Experience this year

The $10,000 SALT limit was a deal breaker for me; without that, I wasn’t going to have over the standard deduction amount, so I didn’t even bother and just took the standard deduction. It was certainly easier (much less recordkeeping) and didn't hurt my overall tax liability too badly.
by Kenkat
Sat Apr 06, 2019 8:00 am
Forum: Personal Finance (Not Investing)
Topic: Best thing to prepare for care for parents
Replies: 17
Views: 1608

Re: Best thing to prepare for care for parents

With my in-laws, one of the best things we did was to make a list of all accounts (checking, savings, taxable accounts, IRAs), insurance, savings bonds, etc. with approximate balances, account numbers, phone numbers, etc. They had boxes of old statements but no organization and it was very difficult...
by Kenkat
Sat Apr 06, 2019 7:53 am
Forum: Personal Consumer Issues
Topic: [On-going Scams - Post them here]
Replies: 118
Views: 4465

Re: Received a Ransomware email

Agree that it is just a scam as well but I would run a scan on your computer using your current anti-virus software as well as a Malwarebytes scan just to be sure.
by Kenkat
Fri Apr 05, 2019 1:11 pm
Forum: Investing - Theory, News & General
Topic: Is there a relatively stable junk bond fund?
Replies: 38
Views: 3589

Re: Is there a relatively stable junk bond fund?

The Vanguard High Yield fund tends to invest in the higher grades of junk bonds, so it is probably more stable in terms of price and yield than other funds in the same category on average.
by Kenkat
Fri Apr 05, 2019 9:33 am
Forum: Personal Consumer Issues
Topic: What is a fair price for a used car?
Replies: 15
Views: 1110

Re: What is a fair price for a used car?

A "fair" price for anything is whatever price the seller is willing to sell for and the buyer is willing to pay. :D Good tips above - there is a lot of data available for this. I will add that if you're buying from a dealer that negotiates (i.e. not Carmax or others with a fixed pricing model), you...
by Kenkat
Fri Apr 05, 2019 9:17 am
Forum: Personal Consumer Issues
Topic: What is a fair price for a used car?
Replies: 15
Views: 1110

Re: What is a fair price for a used car?

A to B comparisons can be done on Car Max, Carvana, Car Gurus, Autotrader. You can also put in fictitious cars into the kbb site to get all kinds of pricing. Once you get beyond those to figure out the general area you're in, hit craigslist. Craigslist will get you far more realistic prices because...
by Kenkat
Fri Apr 05, 2019 9:02 am
Forum: Personal Investments
Topic: Ohio 529 any experience with this plan?
Replies: 19
Views: 576

Re: Ohio 529 any experience with this plan?

I am in the Ohio plan but I am also an Ohio resident, so I receive the tax break (I am in the drawdown period currently with two kids in college - one will be done at the end of April!). It’s a solid plan with plenty of very low cost choices available via Vanguard. If you are not an Ohio resident, y...
by Kenkat
Fri Apr 05, 2019 8:44 am
Forum: Personal Consumer Issues
Topic: Used Chevy Cruze
Replies: 25
Views: 1307

Re: Used Chevy Cruze

I have a 15 year old GM car (2004 Monte Carlo) and it has been reliable overall. Not as reliable as my 2005 Toyota, but certainly not junk. I had a rental Cruze for about a week and a half recently and it’s not a bad little car. It is probably a step down from a Civic or Corolla both in terms of fea...
by Kenkat
Thu Apr 04, 2019 12:25 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Announces Plans to Launch Commodities Fund
Replies: 132
Views: 9579

Re: Vanguard Announces Plans to Launch Commodities Fund

Will this now become the preferred choice over PCRIX - Pimco Commodities Real Return - for those of us foolish enough to still own these things?