Search found 583 matches

by Texanbybirth
Fri Nov 17, 2017 10:28 am
Forum: Investing - Theory, News & General
Topic: The 4% rule DOES fail but still makes sense!
Replies: 135
Views: 8030

Re: The 4% rule DOES fail but still makes sense!

It's illogical because if you ran out of money, you could just end your life. If you fear living with no money more than death, then you should choose the latter. I don't say this to be morose; it's just logical. I think that should be up there in the pantheon of spending plans 1) 4% rule (OK, not ...
by Texanbybirth
Thu Nov 16, 2017 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Investing help family of four....Do nothing?
Replies: 22
Views: 1713

Re: Investing help family of four....Do nothing?

Why does your wife want that much money in the taxable account? Security? College spending? If the former, then wouldn't a paid off mortgage with the associated freed-up monthly cash flow be pretty secure, too? If the latter, some people in this thread have given some great suggestions on college fi...
by Texanbybirth
Thu Nov 16, 2017 10:23 am
Forum: Personal Consumer Issues
Topic: buying a tux - any experience with Indichino?
Replies: 7
Views: 462

Re: buying a tux - any experience with Indichino?

I went through a place called Buy4LessTuxedo this past May. It was a great experience.
by Texanbybirth
Thu Nov 16, 2017 10:22 am
Forum: Personal Finance (Not Investing)
Topic: Fair way to split expenses?
Replies: 105
Views: 4155

Re: Fair way to split expenses?

The response to this thread appears to be dependent on whether you are in a first or second marriage (or third and greater) and with children from previous marriages. Commingling finances can get complicated in those situations. It is probably more important to be on the same page with spending and...
by Texanbybirth
Wed Nov 15, 2017 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: $23k credit card emergency
Replies: 76
Views: 7890

Re: $23k credit card emergency

You have a spending problem, not an income problem. Groceries: Slash your budget by 50%. Eat only oatmeal, banannas, rice, beans, eggs . This is a good read: https://www.mrmoneymustache.com/2012/04/18/news-flash-your-debt-is-an-emergency/ Agreed, but I'd throw peanut butter and coffee in there, too...
by Texanbybirth
Wed Nov 15, 2017 12:17 pm
Forum: Personal Consumer Issues
Topic: Honda Accord Hybrid EX-L- great deal or not?
Replies: 26
Views: 1688

Re: Honda Accord Hybrid EX-L- great deal or not?

For my zip code, that price sounds like ball park for market value of the Hybrid EX-L. True Car link I definitely wouldn't call this deal a "fantastic price", but I don't think you're getting fleeced. Since this is all "off the cuff", I'd be wary of car dealership tricks to artificially inflate the ...
by Texanbybirth
Tue Nov 14, 2017 4:29 pm
Forum: Personal Consumer Issues
Topic: IPHONE 8, X
Replies: 39
Views: 1969

Re: IPHONE 8, X

Could you please expand on that? https://weeklyad.target.com/promotions?code=Target-20171107&lnk=Wejustcouldntwa&page=4 From Targets black friday ad Thanks for the heads up. Reading the fine print, I think (?) that you can get the gift card only if you also sign up for a new cellular plan as it tal...
by Texanbybirth
Tue Nov 14, 2017 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Personal letters to the sellers of your house can work!!!
Replies: 72
Views: 7065

Re: Personal letters to the sellers of your house can work!!!

We saw our house the day it was back on the market from failed financing on the previous buyers. It was a Friday, and we were bummed about how nice it was because the list price was just out of our reach. After talking with our realtor we decided to make an offer for $15k under list price. We includ...
by Texanbybirth
Tue Nov 14, 2017 1:35 pm
Forum: Personal Consumer Issues
Topic: IPHONE 8, X
Replies: 39
Views: 1969

Re: IPHONE 8, X

The X camera is incomparably better than the 6S, but so is the 8's. I would get an X before I got an 8+, but you might consider the 8 if you're not opposed to going back down in screen size or the cost of the X makes you uncomfortable.
by Texanbybirth
Tue Nov 14, 2017 11:31 am
Forum: Personal Consumer Issues
Topic: Iphone 4
Replies: 37
Views: 1875

Re: Iphone 4

My wife has a 4s with only 8 GB of storage, so that bottlenecks some capabilities. We have 2 kids movies and one short kids show on there for distractions as needed. The cameras on it aren't great so face time could be a lot better, and the pictures she takes of our kids could be better. In general...
by Texanbybirth
Tue Nov 14, 2017 9:52 am
Forum: Personal Consumer Issues
Topic: IPHONE 8, X
Replies: 39
Views: 1969

Re: IPHONE 8, X

I'm looking at the same decision. The 8 or the X. The 8 plus is too big so that's out. For me it basically comes down to the fact that the 8 has black friday deals so I can get a $250 GiftCard whereas the X doesn't seem to have any deals. I'll take over a $500 savings to have the 8 vs. the X Could ...
by Texanbybirth
Mon Nov 13, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Clements: Your "Number One Number"
Replies: 24
Views: 3521

Re: Clements: Your "Number One Number"

We're at 26% gross, 33% take home for PITI. Based on our financial situation, that's the max I'd recommend anyone taking out. Our mortgage is literally our only debt. I can't imagine having a car loan/student loan on top of that. I know people do it, but knowing my personality I'd be even more anxio...
by Texanbybirth
Thu Nov 09, 2017 2:14 pm
Forum: Personal Consumer Issues
Topic: Coffee
Replies: 51
Views: 3808

Re: Coffee

For those interested in learning more about coffee I recommend the “Caffeinated” documentary on Netflix. Watch it on your iPad while enjoying your favorite brew. On that note since wine came into the equation, I recommend “Somm” and its follow up documentary also on Netflix. Thanks-will do just tha...
by Texanbybirth
Wed Nov 08, 2017 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Poll-How much do you have in your HSA?
Replies: 50
Views: 4698

Re: Poll-How much do you have in your HSA?

2014, $1800. We can't really seem to afford to build it up, but the tax savings are nice.
by Texanbybirth
Wed Nov 08, 2017 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Do hospitals provide maternity package?
Replies: 6
Views: 483

Re: Do hospitals provide maternity package?

We're planning to have a baby next year and I'm reviewing several private health insurance plans. Well actually only one since I'm in Texas and Blue Cross is the last big health provider. The plan is showing for maternity coverage (Delivery) - $850 Copay then 50% Coinsurance after deductible. If I ...
by Texanbybirth
Wed Nov 08, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Vangaurd Target Date retirement allocation too aggressive?
Replies: 20
Views: 1617

Re: Vangaurd Target Date retirement allocation too aggressive?

I trust that a company like Vanguard has my interests at least substantially in mind with their TDF methodology. VFIFX is our only investment, so I guess we'll be part of this 30+-year experiment. :D I found their research paper "Vanguard's approach to [TDF]s" informative and seemingly well-thought ...
by Texanbybirth
Wed Nov 08, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 151
Views: 12571

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

Me 32 DW 31, 15% of my income per year. (She doesn't work outside the home.)
by Texanbybirth
Tue Nov 07, 2017 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth it to graduate 1 semester sooner if it costs MORE?
Replies: 9
Views: 723

Re: Is it worth it to graduate 1 semester sooner if it costs MORE?

2 classes with a full-time job sounds daunting. Not only objectively, but it sounds like you're already at your limit. I'd ride out the extra semester, and do as much as I possibly could on my part to get that scholarship. You're seeing the light at the end of the tunnel either way, so congrats! :beer
by Texanbybirth
Tue Nov 07, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: Why make more money?
Replies: 134
Views: 12758

Re: Why make more money?

Lets just assume that you are healthy and financially OK. You have have 30x expenses in investments plus whatever socials security will eventually give you in some distant future. You have no debt and the kids college is covered. You don't live extravagantly, but you have enough to travel, eat out,...
by Texanbybirth
Tue Nov 07, 2017 11:00 am
Forum: Personal Finance (Not Investing)
Topic: Disposable income... how?
Replies: 106
Views: 9547

Re: Disposable income... how?

Well, let's put some context on things here - even after putting away 33% of your income, you're still spending more money than the average family in the country earns in a year.... I love this point. Agreed! Any feeling of depravity on the part of the OP is due to paying his future self at the exp...
by Texanbybirth
Tue Nov 07, 2017 10:51 am
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 2646
Views: 848174

Re: What Book Are You Currently Reading? Part VI

The Spear by Louis de Wohl The Sagrada Familia: The Astonishing Story of Gaudí’s Unfinished Masterpiece, by Gijs van Hensbergen. Believe it or not, I literally had never heard of or seen a picture of this church. My interest was sparked by an episode of the podcast, "99% Invisible," La Sagrada Fami...
by Texanbybirth
Tue Nov 07, 2017 10:37 am
Forum: Investing - Theory, News & General
Topic: "$1 Million is Closer Than You Think"
Replies: 54
Views: 9300

Re: "$1 Million is Closer Than You Think"

According to my inputs (today's actuals), I have the same chance of reaching $1MM as I do the probability that I will eat a slice of pizza this month. Since that is 100% (my non-celebrity-married spouse and I share a love for this divinely-inspired food), I'm feeling pretty good about retirement! :b...
by Texanbybirth
Mon Nov 06, 2017 12:04 pm
Forum: Personal Consumer Issues
Topic: Got an iPhoneX
Replies: 155
Views: 10429

Re: Got an iPhoneX

Why congratulations on buying a phone? Hey, i expect that if one becomes a dad or mom, but buying a phone? No heroic act was performed. lol. For $1000 I'll pass. Of course you can thank the OP for putting $$ into your pocket for pushing Apple and the S&P 500 up higher (thus VTSAX and VTI up as well...
by Texanbybirth
Fri Oct 06, 2017 3:32 pm
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 15930

Re: Bogle himself is saying we will expect like 3% for the next decades

3% is what I have in my spreadsheet. If we get that, we're golden. If we get more, GREAT.
by Texanbybirth
Fri Oct 06, 2017 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: personal capital
Replies: 19
Views: 2126

Re: personal capital

One of the things I don't like about their new scenario organizer is that planning for college expenses was downgraded. I used to be able to account for future children in my planning, but now all birth dates must be prior to the current date. It has messed up my retirement analyzer because I can no...
by Texanbybirth
Thu Oct 05, 2017 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 11338

Re: Millionaire Next Door (Thank you Bogleheads)

Congratulations!

(It's great to have a place like this to anonymously celebrate milestones.)
by Texanbybirth
Thu Oct 05, 2017 3:16 pm
Forum: Personal Consumer Issues
Topic: Is the new Chevy Equinox any good?
Replies: 59
Views: 5762

Re: Is the new Chevy Equinox any good?

People tend to take CR way too seriously. Plus it's not absolute reliability, it's all relative to other cars that year. So the fact that cars have gotten much more reliable over the last 10 to 20 years doesn't show up in the CR rankings. A bad reliability in 2017 could very well be much better tha...
by Texanbybirth
Thu Oct 05, 2017 11:37 am
Forum: Personal Finance (Not Investing)
Topic: How much worth house should one buy?
Replies: 73
Views: 4327

Re: How much worth house should one buy?

This is a timely thread. I was just looking at "dream" homes this morning that would cost 50% more than our current home. Although they have some of the amenities we'd prefer (a jetted tub in the master, acreage, one more bedroom), there was no reason for me to look this morning other than an almost...
by Texanbybirth
Thu Oct 05, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: That blank stare... ?
Replies: 49
Views: 2991

Re: That blank stare... ?

I can honestly say my wife is very appreciative that I take care of the investing. We discuss it only occasionally as I even get bored talking about it most of the time. Yep, exactly. I can read Bogleheads for a while at my desk before I get bored, but when I start talking out loud about investing/...
by Texanbybirth
Thu Oct 05, 2017 9:47 am
Forum: Personal Finance (Not Investing)
Topic: That blank stare... ?
Replies: 49
Views: 2991

Re: That blank stare... ?

I can honestly say my wife is very appreciative that I take care of the investing. We discuss it only occasionally as I even get bored talking about it most of the time. Yep, exactly. I can read Bogleheads for a while at my desk before I get bored, but when I start talking out loud about investing/...
by Texanbybirth
Wed Oct 04, 2017 2:43 pm
Forum: Personal Consumer Issues
Topic: MoviePass-Too good to be true, but it's legit.
Replies: 121
Views: 12820

Re: MoviePass-Too good to be true, but it's legit.

I read a USAToday (I know) article a while back. Apparently this was founded by a former Facebook/Amazon/some other amazing company guy. He flat out said in the article that it'll be a loss on the face for them, but they'll eventually sell the data they collect to interested parties. I'm guessing he...
by Texanbybirth
Mon Oct 02, 2017 7:17 am
Forum: Personal Consumer Issues
Topic: Phone Techies .....
Replies: 32
Views: 2531

Re: Phone Techies .....

I have an iPhone 6s + which is I like very much but I plan to gift and I also wanted something smaller to tide me over for awhile. The iPhone X is smaller but not yet available and terribly pricey. I very, very rarely use a cell phone for phone calls due to my extreme hearing loss but its improved ...
by Texanbybirth
Fri Sep 29, 2017 9:02 am
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 378
Views: 24861

Re: Iphone X is $1000

The phone comes with earphones and a cable and a charger. Not sure how that’s silly money. You’re not being fair. The phone comes with one cable. They don’t last forever, and are expensive. Additionally, I need a cable for the car, one for the office, one for my bedroom, and then one to replace the...
by Texanbybirth
Fri Sep 29, 2017 8:56 am
Forum: Personal Finance (Not Investing)
Topic: I am in the investment advice industry and I'm not sure if I provide any value
Replies: 67
Views: 6593

Re: I am in the investment advice industry and I'm not sure if I provide any value

1. Offer holistic financial advice - In addition to investment advice, offer financial planning. If you just offer investment planning, the roboadvisors are much cheaper and frankly will do a better job over time. Yes, this is where the industry is heavily trending, especially for younger investors...
by Texanbybirth
Thu Sep 28, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: My Smartest Financial Moves
Replies: 62
Views: 6076

Re: My Smartest Financial Moves

Married the girl who is now my wife. Got my CPA license. LBYM - so many people around us struggling mightily due to this. I don't feel like I've been in the "game" long enough to see the fruit of any other moves e.g. putting down 20% down on our house, saving 15% toward retirement, having an emergen...
by Texanbybirth
Thu Sep 28, 2017 10:52 am
Forum: Investing - Theory, News & General
Topic: Why do you LBYM? Why do you save and invest?
Replies: 204
Views: 15174

Re: Why do you LBYM? Why do you save and invest?

I've found that I enjoy my job more the more I don't need it. That's a great line. I save to provide for my family in the event of my sudden demise, to eventually quit working (retire?), to provide my future self with spending power from my current self as opposed to spending my future self's money...
by Texanbybirth
Thu Sep 28, 2017 10:11 am
Forum: Investing - Theory, News & General
Topic: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?
Replies: 65
Views: 6609

Re: Guy proves that Buy The Dip strategy works (via backtests) any rebuttals?

I don't understand the analysis. To buy on the dip, you need cash. Are they holding cash, selling treasuries or what? They aren't just looking at the stock portion of their returns and ignoring the lowered returns from the cash/ fixed income part are they? In replies to his post, the author states ...
by Texanbybirth
Wed Sep 27, 2017 10:36 am
Forum: Personal Finance (Not Investing)
Topic: My boneheaded financial mistakes
Replies: 77
Views: 9799

Re: My boneheaded financial mistakes

Bought a used 2014 Honda Odyssey even after test-driving it and having some reservations about it's condition. I took it to my mechanic (after purchasing it) and he kindly informed me that I had made a mistake. We traded it in for a new minivan, to the tune of a $4k loss. We don't talk about that on...
by Texanbybirth
Mon Sep 25, 2017 10:57 am
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 326
Views: 53636

Re: Any books really change your outlook on life?

The Confessions, by St. Augustine of Hippo .. Can you elaborate please, in what why? Thanks. In a personal way, his ability to look honestly at his sins, and their origin and effects on his life, and the way out of them, gave me courage at a difficult time in my life. His story was my story in a ve...
by Texanbybirth
Sun Sep 24, 2017 2:58 pm
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 326
Views: 53636

Re: Any books really change your outlook on life?

The Confessions, by St. Augustine of Hippo .. Can you elaborate please, in what why? Thanks. In a personal way, his ability to look honestly at his sins, and their origin and effects on his life, and the way out of them, gave me courage at a difficult time in my life. His story was my story in a ve...
by Texanbybirth
Fri Sep 22, 2017 9:02 am
Forum: Personal Consumer Issues
Topic: Phone Techies .....
Replies: 32
Views: 2531

Re: Phone Techies .....

I've got a 5 (you thought the smirking was bad for you?!), and I'm going with the 7+. I don't need the latest processor, as I've heard it's mainly for high-end applications like augmented reality, or wireless charging. I'm also not ready to get rid of the home button, and I'm not an early adopter of...
by Texanbybirth
Thu Sep 21, 2017 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 24866

Re: I won the Lottery. Need sound advice.

Wow, I'm fairly shocked: this seems to be a legitimate post from a real person. OP, I honestly don't envy your situation. How I see it: you've got seemingly two decades worth of bad financial decisions to make up for, and an attitude change to effect in not only yourself but possibly your wife and ...
by Texanbybirth
Thu Sep 21, 2017 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 24866

Re: I won the Lottery. Need sound advice.

Wow, I'm fairly shocked: this seems to be a legitimate post from a real person. OP, I honestly don't envy your situation. How I see it: you've got seemingly two decades worth of bad financial decisions to make up for, and an attitude change to effect in not only yourself but possibly your wife and c...
by Texanbybirth
Thu Sep 21, 2017 9:17 am
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 378
Views: 24861

Re: Iphone X is $1000

So you’re calling millions of people idiots. Nice. My wife and I own iPhones, so I'm not defending, but honestly, can't you think of other situations where calling people idiots is justified? Perhaps well intentioned, honest, earnest, but idiots nonetheless? The older I get the more I realize that ...
by Texanbybirth
Thu Sep 21, 2017 9:14 am
Forum: Personal Consumer Issues
Topic: Iphone X is $1000
Replies: 378
Views: 24861

Re: Iphone X is $1000

I am not sure if new Iphones support new T-Mobile 600 MHz frequency. T-Mobile users may need to wait for another phone. No it won't. I thought so too. Thanks for confirming that. For that, I wouldn't think of any reason to buy this phone if I was a T-Mobile user. I have no idea if it is just a bios...
by Texanbybirth
Wed Sep 20, 2017 1:43 pm
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 233
Views: 26049

Re: Calling out the not so rich bogleheads

If you ever want a morale boost, I'm happy to PM you my financial situation. :happy

We avoid debt like the plague, it's true, but no matter how I run the numbers I don't see how we'll ever be millionaires. Oh well! :beer
by Texanbybirth
Tue Sep 19, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: The 10 year car ownership "rule"
Replies: 95
Views: 10996

Re: The 10 year car ownership "rule"

I'm not sure about a 10-year rule, but safety is a major concern for us. I happened to have my last car for 10 years. Actually, my wife bought it and I inherited it from her upon our wedding day. It was a 2007 Toyota Yaris, and we got rid of it for major safety reasons (no side airbags) for a....20...
by Texanbybirth
Tue Sep 19, 2017 8:31 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3054
Views: 900181

Re: What Movie Have You Recently Watched?

Logan , $5.99 rental on Amazon prime. I'm not sure what to make of it. After so many X-Men movies, it seems they were trying to stick a fork in it, the series is done. Perhaps it will be restarted with new characters, but I doubt it can ever be the same. The acting and action was good, worth watchi...