Search found 968 matches

by renue74
Wed Feb 21, 2018 11:53 am
Forum: Personal Consumer Issues
Topic: Multiple Offer situation/should we pull our offer?
Replies: 66
Views: 4213

Re: Multiple Offer situation/should we pull our offer?

If you feel the offer was in bad faith and possibly above the market level, I would pass. First rule in home buying, never get attached to the property. Look at the comps, if the house is on the high end vs. the last 6 month comps, why not pass and move on. There will be others. Nobody ever went hom...
by renue74
Wed Feb 21, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: House rewiring - cost of copper
Replies: 29
Views: 1877

Re: House rewiring - cost of copper

I rewired a 1600 sq/ft 1935 house last summer. I bought most of the wire myself and ran it with a buddy. 1000' ft of 14/2 (white) romex wire cost about $200 at HD. The kitchen and bathrooms GFCIs, and the washer require 12/2 (yellow) wire. Dryer 10/3 (black) and stove 6/3. Some 14/3 for 2way switche...
by renue74
Tue Feb 20, 2018 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: How do I unwind this Wealthfront mess?
Replies: 55
Views: 3913

Re: How do I unwind this Wealthfront mess?

It amazes me that folks have portfolios like this in taxable accounts and buck the suggestions of others when it comes to capital gains/paying taxes on their earnings to unwind positions. There aren't that many options to do what you're looking for. "Wait, I made tons of money on stocks, but now I'v...
by renue74
Mon Feb 19, 2018 9:18 am
Forum: Personal Finance (Not Investing)
Topic: To refi or not to refi?
Replies: 10
Views: 520

Re: To refi or not to refi?

You're all over the place with your post. If you had bullet pointed your compensation and liabilities and then asked pointed questions, you probably would get more answers. It looks like you have $218K in loans, but they are all at good, low interest rates. • Refi the mortgage sounds fine to me. I'm...
by renue74
Fri Feb 16, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Does the absence of need for a legacy affect your AA or SWR?
Replies: 24
Views: 1695

Re: Does the absence of need for a legacy affect your AA or SWR?

This may sound coarse, but even if there are children/grand children, I'm not planning my retirement/AA around them. We've invested in our children, saved 100% for their college tuition and will help them along through life, but I'm not changing the way I live in order to share a legacy with them. T...
by renue74
Tue Feb 13, 2018 12:25 am
Forum: Personal Finance (Not Investing)
Topic: Selling a rental property
Replies: 15
Views: 1030

Re: Selling a rental property

Check recently sold properties within your area that are comparable to your house. Zillow has that and also most county websites have recently sold info in their GIS area. (My county does) Zillow can be even wrong on the recently sold stuff....so don't put a lot of stock in them. Sell the property A...
by renue74
Mon Feb 12, 2018 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Is Rental Property/Income Same as Bonds
Replies: 38
Views: 2001

Re: Is Rental Property/Income Same as Bonds

I've asked this before on here, and folks usually say no. However, I have literally been smiling all month as the equity and crypto markets are dropping, while the rent checks keep flowing in. It makes me feel good in some perverse way. I'm honestly not sure why I hold any bonds! 8-) Do you always ...
by renue74
Mon Feb 12, 2018 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: Is Rental Property/Income Same as Bonds
Replies: 38
Views: 2001

Re: Is Rental Property/Income Same as Bonds

I've asked this before on here, and folks usually say no. However, I have literally been smiling all month as the equity and crypto markets are dropping, while the rent checks keep flowing in. It makes me feel good in some perverse way. I'm honestly not sure why I hold any bonds! 8-) Do you always ...
by renue74
Mon Feb 12, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant not doing taxes while you are there
Replies: 21
Views: 2138

Re: Accountant not doing taxes while you are there

I haven't seen my accountant in 6 or 7 years.

I send her all the documents electronically and she sends me a review copy of my return and then I digitally sign. Could be weeks before she does them.
by renue74
Mon Feb 12, 2018 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: Help me NOT pay for a financial planner!
Replies: 15
Views: 1761

Re: Help me NOT pay for a financial planner!

Your wife is looking to outside guidance simply for the "are we doing things the right way?" Every few years my wife does the same thing. We left our FA in 2015 after reading this wiki and forum. Knowing how to save and manage your money is way more important than relying on an FA to manage it. Mayb...
by renue74
Mon Feb 12, 2018 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Going Paperless Issues
Replies: 68
Views: 3914

Re: Going Paperless Issues

I have all my monthly bills set up to be paid automatically either from a credit card or from my checking account. I've read of people who had similar configurations. They drop dead and no one knows until they drain their accounts... months, possibly years later. I do most everything manually. Ummm...
by renue74
Mon Feb 12, 2018 1:48 pm
Forum: Personal Consumer Issues
Topic: Home buying: how to send postcards to neighborhood we want to live in?
Replies: 38
Views: 3752

Re: Home buying: how to send postcards to neighborhood we want to live in?

This type of stuff happens all the the time. It's sort of an offshoot of "driving for dollars," where investors drive around neighborhoods and look for aging homes and find the owners in public tax records. I don't feel like this is an exceptional use of your time. Zillow has the "make me move" opti...
by renue74
Mon Feb 05, 2018 9:26 am
Forum: Personal Consumer Issues
Topic: Ever Thought of Suing (or Sued) A Waterproofing Company?
Replies: 20
Views: 1536

Re: Ever Thought of Suing (or Sued) A Waterproofing Company?

Read your warranty. Don't depend on them to tell you what the warranty says. Most likely they limited their liability. Bringing suit something like this is very costly and probably not easily done. I would suggest getting a 2nd opinion from another company before any other remediation is made. Then ...
by renue74
Fri Feb 02, 2018 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off mortgage and other cash plays
Replies: 15
Views: 1196

Re: Pay off mortgage and other cash plays

With the amount of uncertainty with your spouse's job change, I would not suggest putting your cash into house, an illiquid asset. Develop an investment plan, which includes a substantial emergency fund (even if the fund is not a traditional money market account, etc.) and revisit your plan as his c...
by renue74
Thu Feb 01, 2018 3:27 pm
Forum: Personal Consumer Issues
Topic: Trex Decking Without Fascia
Replies: 27
Views: 1564

Re: Trex Decking Without Fascia

Hi everyone. We have received quotes from 4 different companies to tear down our wood deck and replace it with Trex composite. Our deck is 20 X 15, or 300 sq ft. The lowest quote we received was for $9K, but this is the Select model and does not include the fascia boards. I tried looking online to ...
by renue74
Thu Feb 01, 2018 12:11 pm
Forum: Personal Consumer Issues
Topic: Trex Decking Without Fascia
Replies: 27
Views: 1564

Re: Trex Decking Without Fascia

I'm a DIY'er and installed Trex on my 16x20 deck about 5 years ago. It was the older version of Tex and I don't have fascia covering the ends, but the deck is raised about 15 ft. If I were you, I would definitely get the fascia. The demo work is actually the easy part. They make tools specifically d...
by renue74
Wed Jan 31, 2018 9:21 am
Forum: Personal Consumer Issues
Topic: Selling a home yourself after cancelation of Realtor listing:
Replies: 18
Views: 1814

Re: Selling a home yourself after cancelation of Realtor listing:

Waiting the 90 days will put you back into the Spring selling season, which is prime time for real estate sales. I agree...wait the 90 days and in the meanwhile identify why your property didn't sell and remedy that. Declutter, spruce up the landscaping, plant grass seed, remove personal photos, pai...
by renue74
Mon Jan 29, 2018 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Should I use taxable dividends to bump 403b?
Replies: 3
Views: 214

Re: Should I use taxable dividends to bump 403b?

This is what we do. Most of our investments are in taxable accounts. Wife = teacher for 13 years and just realized she had a 403b option in addition to her pension. So, I "asked" her to contribute $1500/month to the 403b and buy Total Bond Fund with that....then each month, I'll sell off $1500 of bo...
by renue74
Fri Jan 26, 2018 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Are 100-year old homes junk?
Replies: 62
Views: 2262

Re: Are 100-year old homes junk?

I bought a 83 year old bungalow last year and will use it as a rental property. It's 2 blocks from the local college. I took it down to the studs, removed plaster/lath, old knob & tube wiring and 2x4 ceiling joists. It's a solid house with real 2x4 studs and quartersawn heart pine original flooring....
by renue74
Fri Jan 26, 2018 9:57 am
Forum: Investing - Help with Personal Investments
Topic: Turn 75,000 into 1 million
Replies: 42
Views: 6810

Re: Turn 75,000 into 1 million

Any advice how to turn 75,000 into 1 million by age 65? Current age is 43...or is it impossible? That's 22 years. 0. Invest in the next "Apple", "Amazon.com", etc. 1. Use the money to get a Medical degree and practice in a high paying speciality. 2. Or, pay for a law degree and get elected to gover...
by renue74
Thu Jan 25, 2018 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: Your bond allocation when you were 48
Replies: 125
Views: 6035

Re: Your bond allocation when you were 48

Age: 43, Wife: 48

66/34 stock/bonds

Hope to retire mid 50s.
by renue74
Wed Jan 24, 2018 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing from 100% to 70/30: bite the bullet and pay LTCG taxes?
Replies: 7
Views: 733

Re: Rebalancing from 100% to 70/30: bite the bullet and pay LTCG taxes?

You don't need to pay LTCG if you rebalance your tax deferred accounts into appropriate bond funds.

As others have said, your portfolio should act as one entity. Set it up to where your IRAs hold your bonds. If you sell and buy in your IRAs, no LTCG hits will happen.
by renue74
Wed Jan 24, 2018 9:59 am
Forum: Personal Consumer Issues
Topic: Which tropical Island to Retire to ?
Replies: 61
Views: 5131

Re: Which tropical Island to Retire to ?

Pete12 wrote:
Wed Jan 24, 2018 9:34 am
We've had our eye on Del Boca Vista, FL for a while now- they are building phase III at the moment, would be nice to move into a new construction! I've heard though that there are some politics with the HOA board down there- will have to stay out of that...
At least they celebrate Festivus.
by renue74
Tue Jan 23, 2018 6:45 pm
Forum: Personal Consumer Issues
Topic: Which tropical Island to Retire to ?
Replies: 61
Views: 5131

Re: Which tropical Island to Retire to ?

What do you want to do on this island? Fish, drink rum, find lobsters, explore/hike? Find what your interests are and that will narrow your search. Why must one retire to an island. Our plans are to downsize into a smaller home and travel to places we like and use a central location as a home base ...
by renue74
Tue Jan 23, 2018 3:40 pm
Forum: Personal Consumer Issues
Topic: Which tropical Island to Retire to ?
Replies: 61
Views: 5131

Re: Which tropical Island to Retire to ?

What do you want to do on this island? Fish, drink rum, find lobsters, explore/hike? Find what your interests are and that will narrow your search. Why must one retire to an island. Our plans are to downsize into a smaller home and travel to places we like and use a central location as a home base f...
by renue74
Mon Jan 22, 2018 5:22 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 77
Views: 9100

Re: The Power of Working Longer

OMG I don't won't to work any longer than I have to. When I die, nobody is going to say, "that guy, he made good looking websites."
by renue74
Tue Jan 16, 2018 7:25 pm
Forum: Investing - Theory, News & General
Topic: Anyone pondering moving to a cheaper place and downsizing?
Replies: 63
Views: 4622

Re: Anyone pondering moving to a cheaper place and downsizing?

Yes! Actually. We don't have that much equity, but maybe $300K. I just bought a 1600 sq/ft bungalow last year and have been renovating it by myself for about a year now. We've made it too nice for the rental market and we've considered downsizing from 3000 sq/ft house to this smaller house. At some ...
by renue74
Mon Jan 15, 2018 11:05 am
Forum: Investing - Theory, News & General
Topic: Nostalgic about old online brokerages that no longer exist
Replies: 43
Views: 4895

Re: Nostalgic about old online brokerages that no longer exist

I started investing in 1997....straight out of college. I used E*Trade and this thread made me remember that. I just logged into my OLD E*Trade account and saw that I still have a very, very old rollover IRA with a whopping $61.40 in it. I'm going to close it out. So..there, bogleheads.org made me $...
by renue74
Mon Jan 15, 2018 9:23 am
Forum: Personal Consumer Issues
Topic: Apple Mac Mini/Pro Updates? Don't Want iMac
Replies: 14
Views: 1354

Re: Apple Mac Mini/Pro Updates? Don't Want iMac

I have a small web design firm. I only buy my people MBPs and have been happy with the MBP + desktop monitor for many years. I have a 2.6 MBP now that I bought in December 2012 and still love it. It's fast and hasn't let me down. In fact, I was considering buying the office new MBPs this year, but t...
by renue74
Sun Jan 14, 2018 8:45 pm
Forum: Personal Consumer Issues
Topic: Looking for a reasonably priced, safe international destination
Replies: 107
Views: 6655

Re: Looking for a reasonably priced, safe international destination

Your kids are 6 and 3. The vacation is for you. I gather the 6 year old will barely remember it and the 3 year old won't. At that age, I always took my kids to a water/beach based vacation where their experiences are fun/low key affairs. Bermuda fits that need. We went there for a long weekend over ...
by renue74
Fri Jan 12, 2018 2:57 pm
Forum: Personal Consumer Issues
Topic: Rick Steves - France (or some other tour company)
Replies: 15
Views: 1400

Re: Rick Steves - France (or some other tour company)

My wife and I took a RS tour (Italy) in 2015. We're in our mid-40s. I think we paid about $7K for 10 days. I haven't traveled much in Europe and the only reason we chose to go on a tour is because I wasn't familiar with the mechanics of it. After the tour, I whole heartily concur one should travel o...
by renue74
Wed Jan 10, 2018 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Maybe not a win for teachers/I need some advice
Replies: 46
Views: 2853

Re: Maybe not a win for teachers/I need some advice

I didn't read the other users posts, forgive me for that, but I will share my experience. My wife has been a teacher in SC for about 10 years. In 2015, I took control of our portfolio from our FA and part of the restructure was to look at her retirement options. In SC, teachers have a state pension ...
by renue74
Mon Jan 08, 2018 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Lowball offer on a home
Replies: 82
Views: 7077

Re: Lowball offer on a home

The owners likely don’t care what you plan to spend on it and will be offended by lowball, how it usually goes. +1. If it is a desirable neighborhood and the owner is a real estate agent they likely will get close to what they want. And the spring market starts in a month.... +1 If you lowball anyt...
by renue74
Mon Jan 08, 2018 8:00 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 184
Views: 20120

Re: Anyone disenchanted with retirement?

This post is not for me. I still have over 2 decades to retire. Only wanted to get something out. I am sick of the rat race! I want to get out of it as soon as possible! My job is not stressful, commuting is relatively short, my boss is nice, I work on spreadsheets and I love spreadsheets! But man,...
by renue74
Mon Jan 08, 2018 7:50 pm
Forum: Personal Consumer Issues
Topic: The "Forever Home" Myth: Should I Plan on Buying 2 Homes?
Replies: 36
Views: 3417

Re: The "Forever Home" Myth: Should I Plan on Buying 2 Homes?

Life changes. Little things you may not think about. People buy their "forever" home where the master is on the 2nd floor...10 years later they have knee problems...or 20 years later, their parents need their assistance and you have to move. It's nice to make plans, but housing plans like this are j...
by renue74
Mon Jan 08, 2018 2:11 pm
Forum: Personal Consumer Issues
Topic: ISO Wifi Video Camera
Replies: 4
Views: 200

Re: ISO Wifi Video Camera

I just installed some Reolink cameras. Great cameras, easy to install and manage. No monthly storage fees.
by renue74
Thu Jan 04, 2018 4:53 pm
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 25
Views: 3513

Re: Why Edward Jones?

This blog post explains EJ the best I've ever read. I actually found it here on this forum: http://kronstantinople.blogspot.com/p/edward-jones-saga.html On a side note, recently in my Nextdoor neighborhood site, someone posted a request for a FA. It's amazing how many local one man, independent shop...
by renue74
Thu Jan 04, 2018 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Can I retire now?
Replies: 50
Views: 6130

Re: Can I retire now?

Do it. Why not? If I had $3M, I would. I live in a LCOL area, though. :)

I wouldn't call it retiring, or your friends will be mad. Call it a long sabbatical or you're "taking time to find a new challenge."
by renue74
Thu Jan 04, 2018 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Can I retire now?
Replies: 50
Views: 6130

Re: Can I retire now?

Do you have any possible life changes? I'm 43 with close to $2M portfolio....and have considered downsizing my work...not retiring but changing to less stress. The concern I have is my mother has nothing and basically lives on $1500/month SS. At some point, she'll have to live with us and I'm sure t...
by renue74
Thu Jan 04, 2018 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: 529 asset allocation
Replies: 14
Views: 702

Re: 529 asset allocation

I'm sure there is a backstory to this, but will the $10K withdrawals be for qualified college expenses? Most 529 plans allow you to set up for an age based withdrawal schedule. For example, my 12 year old will start using his 529 plan in 6 years...currently our 529 plan has been auto allocated based...
by renue74
Mon Jan 01, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: Tell me about Under Tile floor heating
Replies: 7
Views: 747

Re: Tell me about Under Tile floor heating

Highly recommend Schluter Ditra. They have a product with integrated electric resistance heat. It's a dream to install, and has very low stack height compared to other options, so we ended up almost flush with the wood floor in the next room. +1 I'm getting ready to install Schluter Ditra Heat in a...
by renue74
Fri Dec 29, 2017 9:52 pm
Forum: Personal Consumer Issues
Topic: NC or SC beach area summer rentals for big group
Replies: 19
Views: 1065

Re: NC or SC beach area summer rentals for big group

I live in SC and have lived here for 30+ years. Just like most other coastal vacation spots, the house rentals fill up fast on the NC/SC coast. Tons of families here start their summer vacation rental searches now for the summer. We've vacationed in various areas and I'll outline below: Ocean Isle, ...
by renue74
Fri Dec 29, 2017 9:31 pm
Forum: Personal Finance (Not Investing)
Topic: Private personal loan - flat one time fee?
Replies: 15
Views: 1153

Re: Private personal loan - flat one time fee?

I have done some of these recently. I have a business acquaintance that I will often give a 10 day loan to. The issue I had was it was unsecured and on the last note, my person couldn't repay. It was a mess and I ended up persuading her to pay over X years and to secure it as a 2nd mortgage on her h...
by renue74
Tue Dec 26, 2017 7:05 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing out of taxable, how?
Replies: 7
Views: 438

Re: Rebalancing out of taxable, how?

1. Do not automatically reinvest distributions back into the things that you should want to reduce investment in. It's too late to change this for tax year 2017. 2. If you have sold no shares since buying, then change your Cost Basis Method to Specific Identification right now. If you are unwilling...
by renue74
Sun Dec 24, 2017 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: Does Vanguard have a way to track outside investments?
Replies: 9
Views: 1459

Re: Does Vanguard have a way to track outside investments?

Yes...through Yodlee. In my balance accounts, I have added some outside accounts. "Your outside investment information is no longer available on vanguard.com. We've partnered with Yodlee to provide a service that allows you to see up-to-date information for your non-Vanguard investment accounts on v...
by renue74
Sun Dec 24, 2017 2:57 pm
Forum: Personal Consumer Issues
Topic: European Cities that don't interest you
Replies: 187
Views: 12111

Re: European Cities that don't interest you

Naples

Had a bad experience there outside the train station. Got pick pocketed.

There are plenty of other beautiful places in Italy that do interest me.
by renue74
Wed Dec 20, 2017 4:44 pm
Forum: Personal Consumer Issues
Topic: Window Selection and Shopping
Replies: 18
Views: 1310

Re: Window Selection and Shopping

I'm renovating a 80 year old craftsman bungalow rental. I took it down to the studs inside and out. It gave me an opportunity to add new windows and I actually found a guy on craigslist selling returned Anderson windows. It was a mix of Anderson 400 Woodwright and Anderson 100 windows. Part of the i...
by renue74
Wed Dec 20, 2017 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Accidental Landlord Quote and update
Replies: 6
Views: 816

Re: Accidental Landlord Quote and update

Congrats. Breaking away for landlording when you didn't want to be is as good as walking out of a job the last day. I actually bought 3 properties about 3 years ago and wanted to landlord....but 2017 has been crazy for real estate....even my slumlord properties and we were able to sell all 3 for 2x ...
by renue74
Wed Dec 20, 2017 11:33 am
Forum: Personal Consumer Issues
Topic: Any Instant Pot users here?
Replies: 102
Views: 11202

Re: Any Instant Pot users here?

We bought an Instapot a few summers ago before they got sexy. We never really got into using it other than to boil peanuts and to make the occasional risotto. (I love risotto) Actually, I ended up forgetting about it until this thread and brought it out last night to make shredded chicken tacos. Wor...
by renue74
Wed Dec 20, 2017 11:12 am
Forum: Personal Consumer Issues
Topic: Any last minute shopping ideas for a spouse?
Replies: 22
Views: 2228

Re: Any last minute shopping ideas for a spouse?

• Couples cooking lessons (Date night) at the local Sur La Table or some other fancy cooking place.

• Noise canceling headphones (for travel)

• Pottery lessons at the local art center