Search found 802 matches

by Texanbybirth
Thu Jul 19, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Can churning negatively affect getting a good mortgage rate?
Replies: 10
Views: 414

Re: Can churning negatively affect getting a good mortgage rate?

Does your spouse churn also? You could potentially get the mortgage just in her name, and still be on the title and other paperwork. That works here in Texas, I'm not sure about other states. Churning definitely negatively affects your credit score. It never dropped us into the low 700s (qualified f...
by Texanbybirth
Thu Jul 19, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: What is the most severe hyperbolic discounting you have ever acted on?
Replies: 18
Views: 1051

Re: What is the most severe hyperbolic discounting you have ever acted on?

I put things in my Amazon cart and then forget about them until Prime Day is over.

Worked just this week!
Jack FFR1846 wrote:
Thu Jul 19, 2018 7:13 am
How I avoid it....I sleep on it first. Car dealers absolutely love that. :wink:
LOL! :beer
by Texanbybirth
Thu Jul 19, 2018 9:11 am
Forum: Investing - Theory, News & General
Topic: I may have understood why it's so hard to save and invest
Replies: 31
Views: 2655

Re: I may have understood why it's so hard to save and invest

How much effort could it possibly have taken? I think you need a reality/gut check, as a 2% increase is nothing to snub your nose at or to be discouraged by. As others have said, you've embarked on a LONG (read: lifetime) road. That $1,500 brought you just a little closer. Or next time keep $150 of ...
by Texanbybirth
Wed Jul 18, 2018 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: How do you handle the urge to DO something?
Replies: 66
Views: 3763

Re: How do you handle the urge to DO something?

So set aside a little bit of play money and see how you do? Or get a hobby that doesn't involve easy access to your online account (read: a computer)? I don't seem to share your extreme "do-er" personality, but regardless I have plenty of other pursuits that keep me from tinkering. I also have a Van...
by Texanbybirth
Tue Jul 17, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Families - What's your total annual credit card spend?
Replies: 74
Views: 4658

Re: Families - What's your total annual credit card spend?

Probably $35k-$40k, family of 4. (Hopefully soon 5!)

Every cent that we can goes on the CC, paid in full each month of course.
by Texanbybirth
Tue Jul 17, 2018 1:58 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard Security Code Requirement
Replies: 45
Views: 3649

Re: New Vanguard Security Code Requirement

It's your prerogative, but I've had 2FA on my Vanguard account from day one and I've never had issues with Mint-syncing. (Strangely, there is always a message on the bottom of our Mint homepage that SAYS there's an issue with Vanguard but the balance and transaction data is always updated. I think t...
by Texanbybirth
Fri Jul 13, 2018 9:46 am
Forum: Personal Finance (Not Investing)
Topic: Would you trade experiences in your youth for early retirement
Replies: 81
Views: 5143

Re: Would you trade experiences in your youth for early retirement

No, I wouldn't. Very rarely do I go to bed at night with regret either about "experiences" (or even "things" :o ) consumed, or about saving for the future. A big part of me says "you could die tomorrow", yet a not insignificant part of me says "better sock some away just in case you don't." However,...
by Texanbybirth
Thu Jul 12, 2018 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Like Lifestrategy Funds but???
Replies: 32
Views: 3247

Re: Like Lifestrategy Funds but???

Here is Vanguard's take on it, if you care to understand their position in more detail. An allocation to global bond markets gives investors exposure to a greater number of securities, markets, and economic and inflation environments than they would have with a portfolio composed purely of local ma...
by Texanbybirth
Thu Jul 12, 2018 12:54 pm
Forum: Personal Consumer Issues
Topic: Anyone take naps at work?
Replies: 93
Views: 5355

Re: Anyone take naps at work?

You bet I do. When we had our babies, it was vital. I'd do it in my car in the parking garage, though. Never at my desk. (I'd never get uninterrupted sleep that way anyway.) I've got a lunch hour, and as far as I'm concerned can do what I want with it. I don't do it nearly as often now because I get...
by Texanbybirth
Tue Jul 10, 2018 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Target date funds....unsophisticated?
Replies: 64
Views: 4507

Re: Target date funds....unsophisticated?

Color me unsophisticated. I've never wanted to be sophisticated anyway. :beer
by Texanbybirth
Thu Jul 05, 2018 1:47 pm
Forum: Personal Consumer Issues
Topic: What time do you get up in the morning?
Replies: 138
Views: 8941

Re: What time do you get up in the morning?

6a every morning. There are many great spiritual masters who have survived on very little sleep, but I'm not a spiritual master. :D I literally do not remember the last time I got up after 8a, though I'm sure it was some time in the last...decade. Like you, my wife and I try to go to bed around 9:30...
by Texanbybirth
Fri Jun 29, 2018 11:54 am
Forum: Local Chapters and Bogleheads Community
Topic: Post your Financial Milestone Announcements Here
Replies: 423
Views: 41043

Re: Pulled the trigger and paid off the house today

Congratulations on a paid off mortgage! :beer (I'm super jealous, but still very happy for you.) And congrats on having flesh and blood friends who are Bogleheads. I've always wondered if any one of my friends is on this forum, as I don't talk much about BH specifically (maybe the principles and the...
by Texanbybirth
Fri Jun 29, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: Buy used or new Honda Odyssey - specific example
Replies: 24
Views: 1460

Re: Buy used or new Honda Odyssey - specific example

I would stick with the Odyssey, and buy it new. The 2018 Sienna received a ding from IIHS for less-than-good small overlap driver side crash test. It is not a TSP for 2018. The Odyssey is a TSP.
by Texanbybirth
Thu Jun 28, 2018 1:32 pm
Forum: Personal Consumer Issues
Topic: Is today's furniture market wackier than ever?
Replies: 18
Views: 2405

Re: Is today's furniture market wackier than ever?

ncbill wrote:
Thu Jun 28, 2018 11:26 am
Used furniture (with the exception of MCM) is cheaper than ever.

Picked up several sold cherry pieces at the local Habitat store.

Better-built than nearly anything you'd buy new today.
Agreed, just gotta be willing to look around!
by Texanbybirth
Thu Jun 28, 2018 9:58 am
Forum: Personal Consumer Issues
Topic: Sister-in-Law - trouble adulting - Pay medical bill?
Replies: 41
Views: 3564

Re: Sister-in-Law - trouble adulting - Pay medical bill?

I think mental health is an almost invisible crisis in America. I'd be willing to pay the bill (directly to the doctor), and keep paying it if she continued to go. (I think there are good and bad psychiatrists and psychologists, so I'd really have to squash my tendency to "evaluate" her psychiatrist...
by Texanbybirth
Thu Jun 28, 2018 8:47 am
Forum: Personal Consumer Issues
Topic: Buying a truck - Honda Ridgeline vs Chevrolet Silverado 1500?
Replies: 98
Views: 6216

Re: Buying a truck - Honda Ridgeline vs Chevrolet Silverado 1500?

can you elaborate on the off-road capabiity please? like what specifically can the ridgeline not do that other trucks can? thanks off-road is important to me. The Ridgeline is perfectly capable of going off-pavement, it just can't do heavy-duty off-roading like crawling rocks. It has no low range. ...
by Texanbybirth
Wed Jun 27, 2018 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: $1 million house--- sanity check
Replies: 96
Views: 10397

Re: $1 million house--- sanity check

OP, sorry you didn't get this home (even though I advised against it anyway), as I know the slight sinking feeling of seeing a house you were eyeing go off the market. It's definitely for the best, and if it started the conversation in your head (and hopefully between you and your wife) it was worth...
by Texanbybirth
Wed Jun 27, 2018 8:52 am
Forum: Personal Consumer Issues
Topic: Buying a truck - Honda Ridgeline vs Chevrolet Silverado 1500?
Replies: 98
Views: 6216

Re: Buying a truck - Honda Ridgeline vs Chevrolet Silverado 1500?

I love my ridgeline. Bought within 6 months of when it first came out and was coming from 12 years in an accord that I put 250k miles on with zero issues so i was kind of a honda loyalist that wanted a truck. The ride is as comfortable as any sedan or SUV I've ever been in. The caveat, it's the bes...
by Texanbybirth
Tue Jun 26, 2018 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: $1 million house--- sanity check
Replies: 96
Views: 10397

Re: $1 million house--- sanity check

No way. From a purely financial standpoint, you might be able to afford it, but you'll find yourselves cutting back on something before you know it. The house will come with all the extras: maintenance (who even knows why it's priced so far below the other houses on a per sq ft basis??), taxes, clea...
by Texanbybirth
Fri Jun 22, 2018 4:00 pm
Forum: Personal Consumer Issues
Topic: POS Terminals & Tablets [Point of Sale]
Replies: 3
Views: 315

Re: POS Terminals & Tablets

We avoid restaurants that have these. I dislike them very much, for some of the reasons you have mentioned.
by Texanbybirth
Fri Jun 22, 2018 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Is the first 100k really the hardest?
Replies: 156
Views: 42883

Re: Is the first 100k really the hardest?

Been trying to get there in my 401k since 2013. Thought it would happen this year, but "noooooo" says Mr. Market. Oh well, keep chugging away and peek once a month.

So I will say it's the hardest. For my family. :beer
by Texanbybirth
Fri Jun 22, 2018 10:14 am
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 173
Views: 20665

Re: Can you retire on $2M?

I don't think that's true at all. Certainly it is possible. The median FAMILY income is what, 55k or something? A good reference for this is Table 1 on page 6 of this annual Census publication (for 2016) . This table indicates that in 2016, median household income in the United States was $59k per ...
by Texanbybirth
Fri Jun 22, 2018 9:29 am
Forum: Investing - Help with Personal Investments
Topic: New ETF portfolio
Replies: 4
Views: 217

Re: New ETF portfolio

If I were you, I'd go:

65% VT
25% BND
5% BNDX
5% VNQ
by Texanbybirth
Fri Jun 22, 2018 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Can you retire on $2M?
Replies: 173
Views: 20665

Re: Can you retire on $2M?

Yep, I could retire yesterday. 8-)
by Texanbybirth
Mon Jun 18, 2018 2:40 pm
Forum: Personal Consumer Issues
Topic: how to make friends in new location?
Replies: 96
Views: 8398

Re: how to make friends in new location?

Since you mentioned Catholicism, how about your new parish church? Maybe even talk with the pastor about groups that your wife might find interesting. Also, I agree with the dog-walking. We don't have a dog, but we love chatting with our neighbors who are out walking their dogs. The kids get to play...
by Texanbybirth
Mon Jun 18, 2018 10:42 am
Forum: Personal Consumer Issues
Topic: Which Supermarket are you?
Replies: 155
Views: 8390

Re: Which Supermarket are you?

Kroger
by Texanbybirth
Fri Jun 15, 2018 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Where to invest $50K+ down payment money for five years?
Replies: 73
Views: 6237

Re: Where to invest $50K+ down payment money for five years?

The poster livesoft suggested a while back that we invest our house downpayment until we were ready to move. If I had listened to him, we'd have had about $15k more money in our down payment. (Our window wasn't as long as 5 years either.)

I'd wait to see what his advice is now. :happy
by Texanbybirth
Fri Jun 15, 2018 12:58 pm
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11895

Re: Which boglehead rule do you break--and are ok with

We also don't have life insurance, despite having a one-year-old. It's been on my to-do list, but who has the time? While not a BH rule I think this is one I wouldn't delay and I would make time. I'll second that life insurance should be a priority once children are in the picture. FWIW, I would re...
by Texanbybirth
Fri Jun 15, 2018 12:52 pm
Forum: Personal Consumer Issues
Topic: Too much house vs. just enough
Replies: 38
Views: 3521

Re: Too much house vs. just enough

You haven't given a great overall picture of your finances to help us advise you. An extra $110k is a lot of money for my family. However, we NEED a four bedroom house. Is it a lot of money for y'all? Doesn't sound like you've identified a NEED for the fourth bedroom, though you did mention a larger...
by Texanbybirth
Fri Jun 15, 2018 10:28 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review for Millenial
Replies: 26
Views: 1770

Re: Portfolio Review for Millenial

I would not be in a hurry to pay off a 15 year mortgage. I would be investing that extra money. You are in the share accumulation phase. By investing more in your 20’s, it could end up changing your retirement account by hundreds of thousands. The effects of compounding can really have a large effe...
by Texanbybirth
Fri Jun 15, 2018 10:12 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11895

Re: Which boglehead rule do you break--and are ok with

We probably break #3 above because our 30-year mortgage (PITI) is 35% of take home pay: after taxes, 401k, and HSA/FSA (which is spent). No, that is #2 if the consequence is that you are not saving and investing, but you aren't saying that. Anyway, contrary to some people's opinion, building equity...
by Texanbybirth
Fri Jun 15, 2018 10:02 am
Forum: Personal Finance (Not Investing)
Topic: can we afford to spend $20K on travel annually
Replies: 89
Views: 6994

Re: can we afford to spend $20K on travel annually

Yes, you can. If you plan to stay for the pension (at 60), I'd venture to say you could double that spending.

:sharebeer
by Texanbybirth
Fri Jun 15, 2018 10:00 am
Forum: Investing - Theory, News & General
Topic: Which boglehead rule do you break--and are ok with
Replies: 152
Views: 11895

Re: Which boglehead rule do you break--and are ok with

We probably break #3 above because our 30-year mortgage (PITI) is 35% of take home pay: after taxes, 401k, and HSA/FSA (which is spent).

I also tried #5 with cryptocurrencies (Litecoin->Ethereum->broke) and got burned. Thankfully only lost ~$400.

:beer
by Texanbybirth
Thu Jun 14, 2018 3:06 pm
Forum: Personal Consumer Issues
Topic: How do you celebrate (potty trained kid) milestone with your spouse?
Replies: 93
Views: 5004

Re: How do you celebrate (potty trained kid) milestone with your spouse?

Following up here, I was inspired by the Golden Q-Tip to see about getting a diaper bronzed / mounted... apparently they are too absorbent. We went out for dinner at the local French restaurant, but I’m still examining the idea of a more tangible commemoration. Good for you. I'm glad you didn't let...
by Texanbybirth
Thu Jun 14, 2018 10:01 am
Forum: Personal Consumer Issues
Topic: Non-alcoholic drinks for wedding
Replies: 79
Views: 3845

Re: Non-alcoholic drinks for wedding

Iced Tea (sweet and unsweet, maybe some peach flavored stuff as a third option - at least down here during the summer!), regular and diet soft drinks (Dr Pepper of course), coffee and (possibly) hot tea. If there will be lots of children, I like the idea of a ____-float or milkshake bar. That will g...
by Texanbybirth
Wed Jun 13, 2018 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement
Replies: 74
Views: 7259

Re: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement

It's worth mentioning that Millennials are projected to inherit something like $30 trillion dollars in assets from aging Boomers. I wonder if that might change some of their plans for housing, kids, and so on? Not likely. We'd need the expiration date for the knowledge of an inheritance to be usefu...
by Texanbybirth
Wed Jun 13, 2018 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement
Replies: 74
Views: 7259

Re: Forbes: Millennials Aren't Having Kids Heres Why That's a Problem for Baby Boomer Real Estate and Retirement

I didn't really sense a lot of animosity between millennials and boomers in the article, aside from the poor woman's lament who wanted some "grandbabies" - a purely natural desire. I feel bad for the boomers who only had 1 or 2 kids, but expect 4 or 5 grandkids. It just doesn't seem like that's gonn...
by Texanbybirth
Tue Jun 12, 2018 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11663

Re: Are you including SS in your planning model? Are the benefits really that high?

Grt2bOutdoors wrote:
Tue Jun 12, 2018 11:58 am
Bills aren't paid by hopes and dreams except in a fairytale.
What fairy tales do you read where they talk about paying bills?
by Texanbybirth
Tue Jun 12, 2018 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11663

Re: Are you including SS in your planning model? Are the benefits really that high?

It's not at all hard to check at ssa.gov. That's a good point. If you go through the setup process for your account on the SSA website, they actually have your earnings record already. You could then use that info and a good calculator (and 5 minutes of your time) to get an accurate estimate of you...
by Texanbybirth
Tue Jun 12, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 11663

Re: Are you including SS in your planning model? Are the benefits really that high?

I definitely plan on it being there, but I haircut the projected benefit to between 50-70% of what my annual SSA statement says. (What percent I choose depends on how pessimistic my mood is that day.) It will be a not-so-insignificant portion of our retirement spending. I'm pretty sure it's one of t...
by Texanbybirth
Mon Jun 11, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: How do you celebrate (potty trained kid) milestone with your spouse?
Replies: 93
Views: 5004

Re: How do you celebrate (potty trained kid) milestone with your spouse?

A good bottle of wine ($20-$25 for us), or a dinner out (possibly without kids) at our favorite tex-mex place with amazing margaritas. One of the best things about marriage is celebrating these kinds of things with my wife. :D My son once had an explosive poo during diaper changing that splattered a...
by Texanbybirth
Fri Jun 08, 2018 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Why do we work?
Replies: 121
Views: 10553

Re: Why do we work?

I work to support my wife and children, through whom I see my vocation and path to Heaven. (Religion talk is frowned upon here, so I don't want to be too technical.) I also get to express my creativity on occasion. :D I can't answer the question for your friend, but I know in my family we have pract...
by Texanbybirth
Wed Jun 06, 2018 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard LifeStrategy Moderate: Keep, move, or go 3 fund?
Replies: 20
Views: 1826

Re: Vanguard LifeStrategy Moderate: Keep, move, or go 3 fund?

Keep it and start adding to VASGX (LS Aggressive) instead. When the balances are equal, your AA would be 70/30. As you continue to invest in it, and leave the other money to be, your AA will float closer to 80/20.

I'm a huge fan of the LS funds, so of course the answer above is biased. :beer
by Texanbybirth
Wed Jun 06, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 433
Views: 51891

Re: How much money do you want to retire?

I turn 54 this month and I don't have a number. Whatever number it is I will make it work when I either get laid off or leave voluntarily. Hope I get to leave on my own terms. I'm 33, but otherwise agree with your post. I have no clue what our "number" is, partly because we're still a young family ...
by Texanbybirth
Mon Jun 04, 2018 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Can a Retired 60 yo MD, MBA Start a Law Career?
Replies: 276
Views: 13991

Re: Can a Retired 60 yo MD, MBA Start a Law Career?

OP, have you thought about being an astronaut? From the assessment in this thread, I think you've got just about equal chances, eh? :D Joking aside, I applaud your drive and even the way you've handled the mountain of "bad news" regarding your original post - a very mature conversation. I'm rooting ...
by Texanbybirth
Fri Jun 01, 2018 9:43 am
Forum: Investing - Help with Personal Investments
Topic: VASGX with 25-30 year investment plan. Looking for advice. [Vanguard LifeStrategy Growth]
Replies: 31
Views: 2469

Re: VASGX with 25-30 year investment plan. Looking for advice. [Vanguard LifeStrategy Growth]

Yes, VASGX is fantastic. As the infomercial says, "you set it and you forget it"! Pull the trigger today and don't look at it for 25 years. Okay maybe once a year read the prospectus to make sure nothing has changed, but seriously leave it alone. Your 25-year-older self will thank you. :beer
by Texanbybirth
Thu May 31, 2018 2:47 pm
Forum: Personal Consumer Issues
Topic: Splurging on the NBA finals
Replies: 56
Views: 5134

Re: Splurging on the NBA finals

If this were hockey, I'd go in a heartbeat. I'm not a basketball fan at all, but if your other goals are on track and this won't put you or your family in bad spot for groceries or something, then I'm all for it. If not, why in the world are you saving all this money??

:beer :moneybag
by Texanbybirth
Thu May 31, 2018 2:14 pm
Forum: Personal Consumer Issues
Topic: Vehicle Advice for new Boglehead (4Runner)
Replies: 45
Views: 2364

Re: Vehicle Advice for new Boglehead (4Runner)

No, there aren't any circumstances where buying that vehicle makes sense for you.