Search found 1651 matches

by renue74
Wed Aug 14, 2019 9:50 am
Forum: Personal Investments
Topic: Bank, Brokerage, CC Bonuses...tell me success stories
Replies: 2
Views: 283

Bank, Brokerage, CC Bonuses...tell me success stories

About 5 years ago I was hot & heavy on CC travel bonuses and accumulated close to 1M points. I did all the hoop jumping, opened new cards, bought $3500/day of Vanilla reload cards at CVS (until they stopped that). We enjoyed the points and I even gave a lot of way to friends, family, and employees. ...
by renue74
Wed Aug 14, 2019 9:22 am
Forum: Personal Consumer Issues
Topic: I wanted to teach myself computer programming.
Replies: 64
Views: 5026

Re: I wanted to teach myself computer programming.

TreeHouse and CodeAcademy
by renue74
Mon Aug 12, 2019 3:55 pm
Forum: Personal Investments
Topic: Brokerage Firm advice
Replies: 8
Views: 600

Re: Brokerage Firm advice

I have to chuckle because I think it took you longer to type in that response than it would to understand how to do TLH. :) +1. Every big dip in the market and the TLH question pops up on this forum. I think Livesoft walked me through TLH a year or so ago. It does literally take 1 minute to underst...
by renue74
Fri Aug 09, 2019 3:16 pm
Forum: Personal Investments
Topic: Is my 529 glide path too aggressive?
Replies: 20
Views: 1612

Re: Is my 529 glide path too aggressive?

I have a 14 year old and 17 year old. 14 year old in 80/20 (bond/stock) AA in his 529 and the 17 year is in 90/10 (bond/stock). I switched them about 1 1/2 years ago (January 2018) to a more conservative AA because I was worried about the political climate. Also, we were close...we had saved about $...
by renue74
Fri Aug 09, 2019 2:35 pm
Forum: Personal Consumer Issues
Topic: New company spinoff - how to handle on LinkedIn?
Replies: 5
Views: 393

Re: New company spinoff - how to handle on LinkedIn?

Option 2.

Keep it simple.

Nobody says on their Linkedin they were a pilot for Piedmont Airlines Then USAir Then American Airlines.
by renue74
Fri Aug 09, 2019 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: "Rent the Back Yard"
Replies: 41
Views: 2866

Re: "Rent the Back Yard"

Zoning ordnances in my city don't allow for 2 meter cans on one lot. There are some grandfathered properties such as duplexes. But, if that's the case in San Francisco, then you'll be renting to a tenant and giving them electricity, which could be a big hassle if the tenant is growing marijuana in h...
by renue74
Fri Aug 09, 2019 9:31 am
Forum: Personal Consumer Issues
Topic: Do You Order "the Special" at Restaurants?
Replies: 50
Views: 4075

Re: Do You Order "the Special" at Restaurants?

I usually don't order anything from the specials because the price is not made clear beforehand +1 I agree. I've noticed the "special" tends to be slightly higher than the regular item I would purchase and the server never tells the price unless asked. I also agree with the others about locally gro...
by renue74
Fri Aug 09, 2019 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Bogleheads, give me strength to resist a car purchase when I find myself way ahead of our financial goals
Replies: 61
Views: 4151

Re: Bogleheads, give me strength to resist a car purchase when I find myself way ahead of our financial goals

Let's step back a bit. Average growth rate: 7% Target 2018 $213,712 Target 2019 $298,672 Target 2020 $389,579 Target 2021 $486,850 Target 2022 $590,929 Target 2023 $702,294 Target 2024 $821,455 Target 2025 $948,957 Target 2026 $1,085,384 Target 2027 $1,231,360 Target 2028 $1,387,556 Target 2029 $1,...
by renue74
Fri Aug 09, 2019 7:50 am
Forum: Personal Consumer Issues
Topic: which stud finder?
Replies: 52
Views: 2761

Re: which stud finder?

I went through several cheap ones before I found this one and threw all the rest away. It is awesome and better than any other I've used by a longshot. https://www.homedepot.com/p/Franklin-Sensors-Professional-Stud-Finder-FS710-02B/302886762?cm_mmc=Shopping%7CG%7CBase%7CD25T%7C25-1_HAND+TOOLS%7CNA%...
by renue74
Thu Aug 08, 2019 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Ideas for Little Charges to keep Cards active
Replies: 87
Views: 4543

Re: Ideas for Little Charges to keep Cards active

Monthly drafts: Spotify Apple icloud storage (extra space) Netflix Playstation VUE HBO Now Showtime Now Hulu Make it autopilot....have the monthly draft for one of the above hit and also have an auto bill pay from your bank to pay the credit card company...since you'll know the exact amount each mon...
by renue74
Thu Aug 08, 2019 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: Real Estate Negotiation Came to a Halt
Replies: 67
Views: 5042

Re: Real Estate Negotiation Came to a Halt

It's not a buyer's market yet. Like the other poster said, if I were the seller, I wouldn't acknowledge your low ball offer.

I would move on and find another property.
by renue74
Thu Aug 08, 2019 2:21 pm
Forum: Personal Consumer Issues
Topic: Vacation spots, Christmastime, Eastern/Southern US, Caribbean
Replies: 18
Views: 581

Re: Vacation spots, Christmastime, Eastern/Southern US, Caribbean

Is PR well recovered from the hurricane? Do folks stay in San Juan, or is there a beach/resort area elsewhere that folks typically stay in? Yes. Tourism is working fine in PR. Nice folks. They don't hound you like some of the other Caribbean ports. (Freeport and Nassau...I'm looking at you.) You ca...
by renue74
Thu Aug 08, 2019 11:58 am
Forum: Personal Consumer Issues
Topic: Vacation spots, Christmastime, Eastern/Southern US, Caribbean
Replies: 18
Views: 581

Re: Vacation spots, Christmastime, Eastern/Southern US, Caribbean

We just had a family vacation last month in the Keys. Flew into Miami and rented a car. Spent a couple nights in Key Largo, a night in Marathon, and a night in Key West. If you like water based things: snorkel, snuba, fishing, etc, it was fun. We did about 2 snorkel trips and 1 snuba trip at Isla Mo...
by renue74
Thu Aug 08, 2019 6:14 am
Forum: Investing - Theory, News & General
Topic: The reasons dry powder and tactical asset allocation doesn't work
Replies: 26
Views: 3106

Re: The reasons dry powder and tactical asset allocation doesn't work

Lame. Does he mention how great you do if you miss the worst days? ;) A problem is that the best days and worst days are often temporally reasonably close together. So it is practically impossible to be out of the market on only the best days. Exactly. There should be a rule for this forum specific...
by renue74
Wed Aug 07, 2019 3:42 pm
Forum: Personal Finance (Not Investing)
Topic: House Rental Question
Replies: 11
Views: 621

Re: House Rental Question

There is a rental specialty company in my small college town. The came in about 6 years ago and bought up dozens of rental houses around the campus. They do exactly what was said here....assign a tenant to each bedroom of a home and make them sign an individual lease. The company also includes utili...
by renue74
Tue Aug 06, 2019 4:31 pm
Forum: Personal Consumer Issues
Topic: Gas water heater options
Replies: 16
Views: 1030

Re: Gas water heater options

4) replace tank thermostat 5) remove faulty tank and plumb its hot outlet supply to that of first tank. i.e. only one tank. Should have mentioned: plumber did come in and try to find the issue with it but couldn’t. Recommended putting a new one since this one was 15 years old. yup, thats exactly wh...
by renue74
Tue Aug 06, 2019 2:35 pm
Forum: Personal Investments
Topic: Portfolio review -- early 40s
Replies: 10
Views: 1529

Re: Portfolio review -- early 40s

I'm 45 and ratcheted down to 65/35 AA last year and keep a 5% band for any changes. It all depends on your plans. 13 years is not that far away. Your target is $4M and you have $1.3M. You invest $48K/year into your retirement. Compound that out over 13 years @ 4% real return per year and that gives ...
by renue74
Tue Aug 06, 2019 6:27 am
Forum: Personal Consumer Issues
Topic: ways to stay a little cleaner during diy car maintenance
Replies: 39
Views: 2282

Re: ways to stay a little cleaner during diy car maintenance

Keep a box for cardboard from any major appliance purchases. Wear gloves. If your vehicle has good clearance use a Fumoto oil valve with a nipple and attach a tube to a used five quart oil bottle. Then buy a Subaru Forester :). Plenty of clearance underneath and an oil filter on top of the engine t...
by renue74
Mon Aug 05, 2019 3:11 pm
Forum: Personal Consumer Issues
Topic: HVAC questions: asbestos-insulated ducts need replacing? A/C costs?
Replies: 21
Views: 1162

Re: HVAC questions: asbestos-insulated ducts need replacing? A/C costs?

I agree with the others. That's not asbestos. I rehabbed a 1935 house last year and the water radiator heating pipes were covered in asbestos insulation. We see these shows all the time on HGTV where they cord off the area and bring little men in white suits in. In my state, the presence of asbestos...
by renue74
Mon Aug 05, 2019 11:08 am
Forum: Personal Consumer Issues
Topic: Buying a vacation home before a primary residence?
Replies: 18
Views: 1123

Re: Buying a vacation home before a primary residence?

You'll find a ton of posts here about vacation homes..."should I buy?" "Can I buy?" etc. You'll find people who have owned vacation homes for decades and love it still. You'll find folks who bought and regretted. The vacation spot may be the place you like now...but what about in 5 years when you ha...
by renue74
Mon Aug 05, 2019 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Appealing property tax assessment
Replies: 19
Views: 1322

Re: Appealing property tax assessment

I just did this today actually. I have an airbnb house I fixed up and in our state we have a horrible 6% assessment on 2nd and rental property....so a little 1500 sq/ft bungalow went from $1800/year to $4500/year in taxes. I got my realtor to output various comps in the area. He can do that in about...
by renue74
Fri Aug 02, 2019 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Helping child buy condo with 529 money
Replies: 9
Views: 1523

Re: Helping child buy condo with 529 money

I would charge rent legally for the student and the 529 for the rent. Just be aware of the schools cost of living and what they report as the cost of room and board since it is the maximum that one can take out of a 529 for that purpose. It can be found on the schools website. It varies every year ...
by renue74
Thu Aug 01, 2019 4:36 pm
Forum: Personal Finance (Not Investing)
Topic: Helping child buy condo with 529 money
Replies: 9
Views: 1523

Re: Helping child buy condo with 529 money

Aside from whether it would fit 529 rules (I'm skeptical), you're setting yourself for a headache. Most folks here would not advise someone who knew they were in a single location for only 4 years to buy a home there - they'd recommend renting instead. With a college kid, it's even worse. Many coll...
by renue74
Thu Aug 01, 2019 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: Helping child buy condo with 529 money
Replies: 9
Views: 1523

Helping child buy condo with 529 money

I've researched this somewhat recently. Instead of paying for room & board in the dorms or a rental, could a parent use a 529 to help a child pay for a condo? The websites I've read indicate that it's a gray area if the parent bought the condo, but may be OK if the condo was in the kid's name. Ideal...
by renue74
Thu Aug 01, 2019 3:03 pm
Forum: Personal Consumer Issues
Topic: Wood Kitchen Counter Tops
Replies: 23
Views: 1822

Re: Wood Kitchen Counter Tops

I have a friend with wood countertops. There is some maintenance that goes into it. I like the look...but I know we wouldn't maintain. I redid an airbnb house last summer and put in an "Ikea butcher block island." It was fairly cheap and I knew I could easily replace it after the airbnb guests screw...
by renue74
Thu Aug 01, 2019 12:59 pm
Forum: Personal Consumer Issues
Topic: Favorite Lunch Box or Bag
Replies: 22
Views: 1103

Re: Favorite Lunch Box or Bag

Walmart plastic bags make great lunch bags. Can simply throw them away after lunch and use a new one the next day. I'm by no means an environmental guy. But any supermarket plastic bags need to done away. That stuff is a real problem in China. The EU recently took steps to ban them. BTW...my favori...
by renue74
Thu Aug 01, 2019 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Renter Forever?
Replies: 68
Views: 6197

Re: Renter Forever?

I've asked the the question of "traveling extensively while retired," such as having a rented home base in a desirable part of the world so you can explore the areas for 90 days or more and then move around....so basically short term rentals. There is a retired couple who does this (and of course w...
by renue74
Wed Jul 31, 2019 3:05 pm
Forum: Personal Investments
Topic: "How active management survives"
Replies: 26
Views: 3667

Re: "How active management survives"

I think sometimes we give people more credit than the deserve. "Why stick with active management?" I had a meeting with a "wealth advisor" (independent guy) a few months ago. I was looking for a 1 time review, but he wanted a relationship. This quote stuck out: "I don't like passive investing becaus...
by renue74
Wed Jul 31, 2019 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Does the cost of children actually go down once the daycare comes off the books?
Replies: 35
Views: 1819

Re: Does the cost of children actually go down once the daycare comes off the books?

No. It goes up. Even if you use public schools it goes up. how? Assuming are you contributing regularly to the 529 since birth, I cannot image maintaining >=$2500/mo in "extra curricular" actives through high school. Two words: travel sports. +1 . OMG yes. My kids don't do travel sports...but I hav...
by renue74
Wed Jul 31, 2019 10:19 am
Forum: Personal Consumer Issues
Topic: Losing a month's worth of work on a personal project
Replies: 15
Views: 1665

Re: Losing a month's worth of work on a personal project

One month? That's all? I had a team work on an operations software for 2 years and finally after that period decided to pull the plug after milestone delays, bad employees, etc. 2 years....and I was paying these folks....and I had nothing to show for it. You just simply move on, learn from your mist...
by renue74
Wed Jul 31, 2019 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Renter Forever?
Replies: 68
Views: 6197

Re: Renter Forever?

I've asked the the question of "traveling extensively while retired," such as having a rented home base in a desirable part of the world so you can explore the areas for 90 days or more and then move around....so basically short term rentals. There is a retired couple who does this (and of course wr...
by renue74
Tue Jul 30, 2019 12:26 pm
Forum: Personal Consumer Issues
Topic: Hawaii in August
Replies: 31
Views: 2496

Re: Hawaii in August

You made a good choice with the Fairmont on Big Island. You will have a good time there. Doing all the touring with a toddler may be a little rough as the Island is quite big and getting to Volcanoes National Park is no joke. I agree with Sandtrap, Waikoloa village is also another great place to st...
by renue74
Tue Jul 30, 2019 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: Ethics of "bonus payback" when quitting a job
Replies: 157
Views: 9721

Re: Ethics of "bonus payback" when quitting a job

anonenigma wrote:
Tue Jul 30, 2019 12:19 pm
Delay departure to 1/1/20?
+1 . I would hang on for the last couple months for that $.

Tell the new employer the situation...that a large bonus is at stake.
by renue74
Tue Jul 30, 2019 7:52 am
Forum: Personal Consumer Issues
Topic: RESOLVED: Smart Home = Dumb Idea due to potential security breaches and exploits?
Replies: 42
Views: 3947

Re: Smart Home = Dumb Idea due to potential security breaches and exploits?

I have an airbnb with Samsung SmartHome controller. I also have to REO Link 5MP exterior cameras pointed at the front and back doors. I have a NEST thermostat. Those 3 things are enough for us to control the airbnb. I don't use smart locks and typically meet all guests because I want to lay eyes on ...
by renue74
Tue Jul 30, 2019 7:43 am
Forum: Personal Consumer Issues
Topic: Rental home flooring recommendation
Replies: 9
Views: 708

Re: Rental home flooring recommendation

What do other rentals in that area have? Comparable rental homes? The quote for install sounds reasonable...but if you are doing something different from other properties, you may want to stick with what they do. Vinyl plank is easy to lay. You basically attache a whole strip together and then conne...
by renue74
Mon Jul 29, 2019 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house anonymously (Florida)
Replies: 30
Views: 2705

Re: Buying a house anonymously (Florida)

Wouldn't the ownership of the LLC be easily obtainable? Many (if not all) states allow you to hire a registered agent to be the "public" owner of the LLC and to receive all notices. This is what some companies do to hide their ownership interests. Our state allows for a public agent to be listed. Y...
by renue74
Mon Jul 29, 2019 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house anonymously (Florida)
Replies: 30
Views: 2705

Re: Buying a house anonymously (Florida)

This is fairly easy if you don't need a mortgage and probably next to impossible if you do need a mortgage unless you have a private banker willing to pull some strings. I have obtained several commercial loans for properties held in LLCs. Not really that big a deal....will be personally guaranteed...
by renue74
Mon Jul 29, 2019 8:34 am
Forum: Investing - Theory, News & General
Topic: Thoughts on P2P Lending
Replies: 37
Views: 2602

Re: Thoughts on P2P Lending

I invested some "play money" in LC about 3 years ago after reading about it on MrMoneyMustache.com and like several others have found the institutional money has crowded out the good loans in recent years. Or, to roughly quote Bill Bernstein, the umbrella shop has been discovered and the umbrellas ...
by renue74
Mon Jul 29, 2019 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Is a rental property a good way to diversify my income to protect against job loss and / or stock market decline?
Replies: 21
Views: 1733

Re: Is a rental property a good way to diversify my income to protect against job loss and / or stock market decline?

David Jay wrote:
Mon Jul 29, 2019 7:56 am
renue74 wrote:
Mon Jul 29, 2019 7:30 am
People think you can make tons of $ in rentals and see it as passive.
That outlines the two biggest issues very succinctly.
+1 100% agree.
by renue74
Mon Jul 29, 2019 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Is a rental property a good way to diversify my income to protect against job loss and / or stock market decline?
Replies: 21
Views: 1733

Re: Is a rental property a good way to diversify my income to protect against job loss and / or stock market decline?

It seems bogleheads aren’t big on rental properties, but why isn’t rental income a good way to protect against a job loss and / or stock market decline? People here do not say "stay away from real estate/rentals". They mostly say "stay away unless you have a real interest in doing this". Why should...
by renue74
Mon Jul 29, 2019 7:45 am
Forum: Personal Investments
Topic: Vacation real estate investments
Replies: 8
Views: 807

Re: Vacation real estate investments

Sometimes my wife and I talk about a lake house, but I don't think we would use it. I have rental property and I typically work a lot on the weekends. Vacation rental property returns vary geographically. I haven't really researched it in my area and there are not really any vacation lakes near me. ...
by renue74
Mon Jul 29, 2019 7:30 am
Forum: Personal Finance (Not Investing)
Topic: Is a rental property a good way to diversify my income to protect against job loss and / or stock market decline?
Replies: 21
Views: 1733

Re: Is a rental property a good way to diversify my income to protect against job loss and / or stock market decline?

I own 10 properties. I have friends who have owned 20+ properties since 2000 and both of them cycled out of landlording. I think you get burned out on it. I would say that for most regular folks, rental property is not a good option. Like others say, it's a job...but I find that the people I talk to...
by renue74
Sat Jul 27, 2019 8:12 pm
Forum: Personal Consumer Issues
Topic: Best Zero Turn Mower for less than $3000
Replies: 12
Views: 1110

Re: Best Zero Turn Mower for less than $3000

I have a John Deere Z425. I bought it off CL for $2400. Drives and cuts great. I have a 3/4 acre lot and I can cut my lawn in about 10 minutes....or about 3 songs on my iPhone. It's amazingly fast. I will even occasionally cut my neighbors lawn when I cut mine to make sure I keep the battery charged.
by renue74
Sat Jul 27, 2019 8:05 pm
Forum: Investing - Theory, News & General
Topic: Is getting a home to airbnb a good investment?
Replies: 18
Views: 2060

Re: Is getting a home to airbnb a good investment?

I own a full time airbnb home. 3 bed/2 bath close to Charlotte, NC. Been doing it for about 10 months. I keep a detailed spreadsheet of airbnb vs. renting and in my case, we are forecast to make about $4K more in airbnb. But, that does not count our time. My wife or I clean the home after each visit...
by renue74
Fri Jul 26, 2019 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Weed clearing: Landlord vs. tenant responsibility?
Replies: 50
Views: 4244

Re: Weed clearing: Landlord vs. tenant responsibility?

Been landlording for 7 years. In that time, I only had one good tenant who kept his lawn pristine. In my lease agreement, I do require renters to cut the lawn. Beyond that, I don't really care as most of the houses I own don't have flower beds or decorative grasses. Occasionally, I'll get a notice f...
by renue74
Thu Jul 25, 2019 4:10 pm
Forum: Personal Investments
Topic: Selling domain names
Replies: 7
Views: 931

Re: Selling domain names

Stupidly, I bought a domain a few years ago from Godaddy based on a side gig idea I had. I did it quickly through their mobile app and absolutely didn't realize it was $1,000. I kicked myself many times for that. Well...about a year later, I got a random email from a guy in Raleigh. He had a mobile ...
by renue74
Thu Jul 25, 2019 3:56 pm
Forum: Personal Investments
Topic: Using SEPP IRA to retire at 40?
Replies: 4
Views: 366

Re: Using SEPP IRA to retire at 40?

Your wild cards are health insurance and college savings for kids. Also, please note that once your kids become teenagers, they are money vacuums. School trips, car insurance, even your personal umbrella insurance will go up because you have teenage drivers. I am aiming to do something similar...but...
by renue74
Thu Jul 25, 2019 11:25 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate: Help me understand discount rate for NPV
Replies: 5
Views: 283

Re: Real Estate: Help me understand discount rate for NPV

Maybe more savvy real estate investors can answer your question. But, this is the vetting spreadsheet I use when looking at rental properties. I typically look for 10-20% cash on cash ROI. https://docs.google.com/spreadsheets/d/1HerrY-7nb6LDB2fdud0066mE3Y5eRgt02TgWfUayeGo/edit?usp=sharing This is a ...
by renue74
Thu Jul 25, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: First Home Purchase - Disagreement on Appraisal Contingency
Replies: 81
Views: 3449

Re: First Home Purchase - Disagreement on Appraisal Contingency

Walk away. It's not in your best interest. There will always be other home buying opportunities. This seller is being unreasonable. It’s such an asinine demand that they likely just want to use it as leverage to get something else out of you. For the reasons above, the seller's request is actually ...
by renue74
Thu Jul 25, 2019 9:33 am
Forum: Personal Finance (Not Investing)
Topic: First Home Purchase - Disagreement on Appraisal Contingency
Replies: 81
Views: 3449

Re: First Home Purchase - Disagreement on Appraisal Contingency

Walk away. It's not in your best interest.

There will always be other home buying opportunities.