Search found 1432 matches

by guitarguy
Tue Dec 20, 2016 10:49 am
Forum: Personal Consumer Issues
Topic: Upstairs Bungalow Remodel / Bathroom Addition
Replies: 29
Views: 1858

Re: Upstairs Bungalow Remodel / Bathroom Addition

It's not clear to me what sort of bathroom you're considering, a full or a 3/4 with only a shower. Beware adding a tub to an upstairs space that wasn't designed to hold that sort of weight. We would consider 3/4 or 1/2 bath here. No tub. Is adding a dormer to accommodate a shower even possible? Dor...
by guitarguy
Tue Dec 20, 2016 10:17 am
Forum: Personal Consumer Issues
Topic: Upstairs Bungalow Remodel / Bathroom Addition
Replies: 29
Views: 1858

Re: Upstairs Bungalow Remodel / Bathroom Addition

I generally find adding a bathroom to a house with only one is money well spent in terms of what you will get when you go to sell it. One question, have you thought of adding 3/4 bath instead of a full bath or half bath upstairs. Essentially you have just a stand up shower with no tub but still hav...
by guitarguy
Tue Dec 20, 2016 8:09 am
Forum: Personal Consumer Issues
Topic: Upstairs Bungalow Remodel / Bathroom Addition
Replies: 29
Views: 1858

Upstairs Bungalow Remodel / Bathroom Addition

So we are planning a remodel of the upstairs (master) bedroom area of our small 995 sqft MI bungalow. To date, we have basically redone the whole house except for upstairs, so it's kind of next on the list. The good thing is, we have an open bedroom on our main level, so we can basically just move d...
by guitarguy
Fri Dec 09, 2016 6:25 pm
Forum: Personal Consumer Issues
Topic: Christmas Gift to my boss. What book?
Replies: 17
Views: 1396

Re: Christmas Gift to my boss. What book?

The Shining. Especially if his name is either Jack or Johnny.
by guitarguy
Fri Dec 09, 2016 6:23 pm
Forum: Personal Consumer Issues
Topic: Eyeglasses - Costco Changed Policies - Help!
Replies: 48
Views: 25150

Re: Eyeglasses - Costco Changed Policies - Help!

For equivalent progressive lenses, that site is about $100 more than Costco in my case...or make it about $80, since I had to pay an $18 extra fee at Costco. My comparison was digital/hd progressive with 1.67 material and premium AR, which were $169 at Costco or $187 with the $18 fee. Fair enough. ...
by guitarguy
Fri Dec 09, 2016 1:41 pm
Forum: Personal Consumer Issues
Topic: Eyeglasses - Costco Changed Policies - Help!
Replies: 48
Views: 25150

Re: Eyeglasses - Costco Changed Policies - Help!

I maintain 2 pairs of regular glasses, an every day pair and a backup pair that I wear when I play basketball or other active stuff. Plus I have 2 pairs of Ray Ban** prescription sunglasses...a high wrap pair that I use when I'm active (running or whatever) and another pair that I have for everyday ...
by guitarguy
Fri Dec 09, 2016 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: Is US stocks going up too fast?
Replies: 21
Views: 2253

Re: Is US stocks going up too fast?

Whelp, I'm 31. I'd like to retire at about 60. For the next 29 or so years, I'm gna contribute as much as I can to retirement accounts, tick my AA towards the conservative side as the years go by, and hopefully at the right time I've got a decent sized portfolio. In the meantime I'll not worry about...
by guitarguy
Fri Dec 09, 2016 9:21 am
Forum: Investing - Help with Personal Investments
Topic: HSA - is keeping 40 years of medical records practical?
Replies: 128
Views: 9374

Re: HSA - is keeping 40 years of medical records practical?

Ahh...lightbulb. I think I understand now....? You would take already non taxed money, contribute it to 401k, and then take another tax deduction for that contribution...is that right? So then you just have to weigh tax free growth vs the double tax savings now....hmm. Very interesting. :idea: :ide...
by guitarguy
Fri Dec 09, 2016 9:01 am
Forum: Investing - Help with Personal Investments
Topic: HSA - is keeping 40 years of medical records practical?
Replies: 128
Views: 9374

Re: HSA - is keeping 40 years of medical records practical?

Maybe I'm not understanding. What is the benefit of removing funds from HSA and placing them in 401k? You're removing them from an account where you will more than likely avoid paying taxes on that money even after growth, and putting them somewhere where you'll be taxed on it eventually no matter ...
by guitarguy
Fri Dec 09, 2016 8:53 am
Forum: Investing - Help with Personal Investments
Topic: HSA - is keeping 40 years of medical records practical?
Replies: 128
Views: 9374

Re: HSA - is keeping 40 years of medical records practical?

I would just like to point out that keeping keeping funds in the HSA when you otherwise could remove them for eligible healthcare spending is only really a good idea if you have no remaining tax advantaged space. I think this point gets lost at times. NS I don't understand. Normal tax advantaged sp...
by guitarguy
Fri Dec 09, 2016 8:48 am
Forum: Investing - Help with Personal Investments
Topic: HSA - is keeping 40 years of medical records practical?
Replies: 128
Views: 9374

Re: HSA - is keeping 40 years of medical records practical?

Regardless, you're going to incur medical expenses at some point. It's basically inevitable. Why not capitalize on the tax free growth of HSA over maxing out a 401k? Worst case is it's treated like an IRA in the end...not really any advantage over a 401k. And bonus if you have great Vanguard fund o...
by guitarguy
Fri Dec 09, 2016 8:43 am
Forum: Investing - Help with Personal Investments
Topic: HSA - is keeping 40 years of medical records practical?
Replies: 128
Views: 9374

Re: HSA - is keeping 40 years of medical records practical?

I would just like to point out that keeping keeping funds in the HSA when you otherwise could remove them for eligible healthcare spending is only really a good idea if you have no remaining tax advantaged space. I think this point gets lost at times. For example, if you are not maxing out a Roth o...
by guitarguy
Fri Dec 09, 2016 8:28 am
Forum: Investing - Help with Personal Investments
Topic: HSA - is keeping 40 years of medical records practical?
Replies: 128
Views: 9374

Re: HSA - is keeping 40 years of medical records practical?

I would just like to point out that keeping keeping funds in the HSA when you otherwise could remove them for eligible healthcare spending is only really a good idea if you have no remaining tax advantaged space. I think this point gets lost at times. For example, if you are not maxing out a Roth o...
by guitarguy
Thu Dec 08, 2016 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Any reason not to sprinkle in some small cap index?
Replies: 14
Views: 1468

Re: Any reason not to sprinkle in some small cap index?

I add in some small caps in my Roth IRA at Vanguard (VSMAX) as part of my overall strategy to *approximate* the TSM by combining that fund in my Roth with the available SP500 index fund in my 401k at Fidelity. More here: https://www.bogleheads.org/wiki/Approximating_total_stock_market I'm at about 8...
by guitarguy
Wed Dec 07, 2016 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 495
Views: 119113

Re: Share your net worth progression

I started tracking in 2011: Dec 2011, Age 26, Salary $61.5k, Net Worth ($47k) Dec 2012, Age 27, Salary $63.5k, Net Worth ($4700) Dec 2013, Age 28, Salary $66.5k, Net Worth $39k Dec 2014, Age 39, Salary $78k, Net Worth $105k Dec 2015, Age 30, Salary $80k, Net Worth $172k Dec 2016, Age 31, Salary $83...
by guitarguy
Tue Dec 06, 2016 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Spouses and spending styles...
Replies: 53
Views: 5877

Re: Spouses and spending styles...

You think that's bad? My wife just spent $63 on more Christmas decorations that we "needed". Now we're probably pushing an 18-wheeler sized cargo bay full of crap. I thought it was a complete waste of money and nearly decided to leave her...until the Christmas carol singing bouncing stuffe...
by guitarguy
Tue Dec 06, 2016 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 495
Views: 119113

Re: Share your net worth progression

I started tracking in 2011: Dec 2011, Age 26, Salary $61.5k, Net Worth ($47k) Dec 2012, Age 27, Salary $63.5k, Net Worth ($4700) Dec 2013, Age 28, Salary $66.5k, Net Worth $39k Dec 2014, Age 39, Salary $78k, Net Worth $105k Dec 2015, Age 30, Salary $80k, Net Worth $172k Dec 2016, Age 31, Salary $83k...
by guitarguy
Tue Dec 06, 2016 9:53 am
Forum: Personal Consumer Issues
Topic: Men's Fashion - Best Bang for Buck
Replies: 79
Views: 7558

Re: Men's Fashion - Best Bang for Buck

I like Banana Republic for work and some casual stuff , Levi's for jeans, Gap and Old Navy for cheaper stuff or other casual stuff. I can't seem to find and off the rack dress shirt...but my tailor does darts for cheap. I buy everything on sale and try to get stuff that is not too trendy and will l...
by guitarguy
Mon Dec 05, 2016 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Installment loan to boost credit score.
Replies: 29
Views: 2089

Re: Installment loan to boost credit score.

More important things to do with your time and money. I'm retired and inquiring minds want to know. I was approved for a $1,000.00 loan for 6 months from my credit union. A loan officer will be contacting me. :greedy Question; does the loan have to be open to increase my score or will there be a la...
by guitarguy
Mon Dec 05, 2016 4:12 pm
Forum: Personal Consumer Issues
Topic: Men's Fashion - Best Bang for Buck
Replies: 79
Views: 7558

Re: Men's Fashion - Best Bang for Buck

I like Banana Republic for work and some casual stuff , Levi's for jeans, Gap and Old Navy for cheaper stuff or other casual stuff. I can't seem to find and off the rack dress shirt...but my tailor does darts for cheap. I buy everything on sale and try to get stuff that is not too trendy and will l...
by guitarguy
Mon Dec 05, 2016 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Confused about chase 5/24 rule
Replies: 15
Views: 1816

Re: Confused about chase 5/24 rule

Simple answer, count up the *new* cards, in your name, that you've *opened* with any bank over the last 24 months. If the number is greater than 5, then you'll need to wait until that number drops below 5 for the previous 24 months. Old cards, the total number of cards, your wife's cards, whether t...
by guitarguy
Mon Dec 05, 2016 1:02 pm
Forum: Personal Consumer Issues
Topic: Men's Fashion - Best Bang for Buck
Replies: 79
Views: 7558

Re: Men's Fashion - Best Bang for Buck

I like Banana Republic for work and some casual stuff, Levi's for jeans, Gap and Old Navy for cheaper stuff or other casual stuff. I can't seem to find and off the rack dress shirt...but my tailor does darts for cheap. I buy everything on sale and try to get stuff that is not too trendy and will las...
by guitarguy
Mon Dec 05, 2016 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Confused about chase 5/24 rule
Replies: 15
Views: 1816

Re: Confused about chase 5/24 rule

Simple answer, count up the *new* cards, in your name, that you've *opened* with any bank over the last 24 months. If the number is greater than 5, then you'll need to wait until that number drops below 5 for the previous 24 months. Old cards, the total number of cards, your wife's cards, whether t...
by guitarguy
Mon Dec 05, 2016 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Confused about chase 5/24 rule
Replies: 15
Views: 1816

Re: Confused about chase 5/24 rule

Simple answer, count up the *new* cards, in your name, that you've *opened* with any bank over the last 24 months. If the number is greater than 5, then you'll need to wait until that number drops below 5 for the previous 24 months. Old cards, the total number of cards, your wife's cards, whether th...
by guitarguy
Mon Dec 05, 2016 10:18 am
Forum: Personal Finance (Not Investing)
Topic: American Opp Tax Credit - 4 year rule?
Replies: 14
Views: 1438

Re: American Opp Tax Credit - 4 year rule?

Based on what you have posted, your wife should be able to claim the AOTC. Do make sure that the Box 8 of Form 1098-T is checked and you can answer all required questions affirmatively. Thank you for the input. Aside from the "4-year" thing based on the number of credits completed, we sho...
by guitarguy
Mon Dec 05, 2016 7:11 am
Forum: Personal Finance (Not Investing)
Topic: American Opp Tax Credit - 4 year rule?
Replies: 14
Views: 1438

Re: American Opp Tax Credit - 4 year rule?

See IRS.GOV (it's a wealth of information) { https://www.irs.gov/individuals/aotc } and IRS Publication 970 To be eligible for AOTC, the student must: -Be pursuing a degree or other recognized education credential -Be enrolled at least half time for at least one academic period* beginning in the ta...
by guitarguy
Sun Dec 04, 2016 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: American Opp Tax Credit - 4 year rule?
Replies: 14
Views: 1438

Re: American Opp Tax Credit - 4 year rule?

Thanks everyone for the replies so far. We have done some digging on this in regards to investigating how many total credits she has completed thus far. In summary, at the start of 2016 she had completed a total of 95.5 credits. At the start of 2017, she will have completed a total of 112.5 credits....
by guitarguy
Sat Dec 03, 2016 8:34 am
Forum: Investing - Help with Personal Investments
Topic: How to mimic Vanguard Total Stock Market Index?
Replies: 6
Views: 845

Re: How to mimic Vanguard Total Stock Market Index?

I've been doing it with and 85/15 split between the SP500 index that's available in my 401k, and VSMAX.

Might not be perfect but I figure it's close enough and still fairly simple.
by guitarguy
Fri Dec 02, 2016 7:27 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement asset allocation critique
Replies: 7
Views: 714

Re: Retirement asset allocation critique

I suggest having one or two funds in all accounts except one. Do ALL rebalancing in only one account. Would you mind elaborating on this? Do you mean to just hold bonds in one account? Why have one account with more than just 1-2 funds? Are you suggesting to overlap in one account for rebalancing p...
by guitarguy
Fri Dec 02, 2016 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Closing very old bank account - Credit Score?
Replies: 5
Views: 362

Re: Closing very old bank account - Credit Score?

livesoft wrote:You are right, but sometimes a credit card is somehow tied to a checking account for overdraft backup and I was thinking the whole thing would be closed including any credit cards.


Gotcha. :beer
by guitarguy
Fri Dec 02, 2016 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Closing very old bank account - Credit Score?
Replies: 5
Views: 362

Re: Closing very old bank account - Credit Score?

livesoft wrote:No impact if you don't have a credit card at the bank. Checking accounts do nothing for you.


Why would it matter whether or not you held a credit card at the bank? Closing a checking/savings account should have no impact regardless as far as I know.
by guitarguy
Fri Dec 02, 2016 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Help! How are we doing?
Replies: 14
Views: 1069

Re: Help! How are we doing?

Since you want a grade as indicated in the OP, I think you just want to have a benchmark to compare with. Here you are: One useful benchmark from, The Millionaire Next Door by Thomas Stanley and William Danko, is: Multiply your age times your realized pretax annual household income from all sources...
by guitarguy
Fri Dec 02, 2016 1:37 pm
Forum: Investing - Help with Personal Investments
Topic: Cash vs Investments in HSA
Replies: 11
Views: 929

Re: Cash vs Investments in HSA

Thanks for the replies everyone. For now, I invested a chunk of our HSA in Vanguard Inflation-Protected Securities Fund (VIPSX) (ER 0.2%) and left our new monthly contributions going to cash. Right now this seems like a good choice for conservatively generating a small return. Down the road we'll pl...
by guitarguy
Thu Dec 01, 2016 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Checkup / What to put in new Roth IRA?
Replies: 7
Views: 827

Re: Portfolio Checkup / What to put in new Roth IRA?

You do need to keep a list somewhere (paper or computer) of every contribution, rollover, conversion, re-characterization, etc. with dates and amounts for all your IRAs. Other than moving this account, I don't think we'll run into any other rollovers or anything as I can't see a realistic scenario ...
by guitarguy
Thu Dec 01, 2016 2:43 pm
Forum: Investing - Help with Personal Investments
Topic: Cash vs Investments in HSA
Replies: 11
Views: 929

Re: Cash vs Investments in HSA

I think you have to make a decision one way or the other about whether or not to pay health expenses out of pocket to the extent possible. It sounds like you are leaning in that direction but you don't come right out and say it. Well...long term I think that's the route we would like to go. Assumin...
by guitarguy
Thu Dec 01, 2016 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Cash vs Investments in HSA
Replies: 11
Views: 929

Cash vs Investments in HSA

We have been maxing our HSA for a couple years now, but we haven't invested any of it...just left it in cash. We have also used some to reimburse for medical expenses. Right now the balance is about $7k. Not huge or anything, but I'm wondering if we should be investing some of this money or not. Up ...
by guitarguy
Thu Dec 01, 2016 8:01 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity 401k - proposed change
Replies: 10
Views: 833

Re: Fidelity 401k - proposed change

Age 33 Single No Debt. Frugal and comfortable with risk. . . . . . 27 Fidelity funds are available through my employer, but only these seem attractive: 1. Fidelity 500 Index FXSIX. Expense ratio .035% 2. Fidelity Contrafund Pool. Expense ratio 0.43% 3. Baron Asset Inst'l BARIX. Expense ratio 1.04% ...
by guitarguy
Thu Dec 01, 2016 7:45 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Checkup / What to put in new Roth IRA?
Replies: 7
Views: 827

Re: Portfolio Checkup / What to put in new Roth IRA?

Another question about the rollover, will the rolling over have any impact on differentiating contributions vs earnings or anything like that should the worst possible circumstances occur and we need to withdrawal contributions? No. You're just moving assets from one custodian to another. You do ne...
by guitarguy
Wed Nov 30, 2016 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Checkup / What to put in new Roth IRA?
Replies: 7
Views: 827

Re: Portfolio Checkup / What to put in new Roth IRA?

Thanks for the feedback! Is there any good reason not to switch both of my 401(k) bond funds to this BLKRK US DEBT INDEX fund? No. It follows the same index as Vanguard Total Bond Market and unless the Stable Value fund is paying more than 2%, BlackRock is the way to go. Done as of this morning. Thi...
by guitarguy
Tue Nov 29, 2016 1:34 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Checkup / What to put in new Roth IRA?
Replies: 7
Views: 827

Portfolio Checkup / What to put in new Roth IRA?

Hi all...whelp I haven't posted in here since circa 2012...so here goes! Figured a checkup for our overall picture was in order. Also had a couple questions at the bottom. Would appreciate any feedback or advice on the questions or anything in general that we could do differently or better. :beer He...
by guitarguy
Tue Nov 22, 2016 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Do you track your net worth? How long have you done so?
Replies: 110
Views: 8686

Re: Do you track your net worth? How long have you done so?

We look at it at the end of every calendar year. Been doing it that way since 2011. Don't take into account cars or anything...not really interested in that. Our ballpark figure is calculated using 4 main items, 2 main assets and 2 main debts: 1. sum of retirement savings 2. sum of cash 3. mortgage ...
by guitarguy
Mon Nov 21, 2016 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Synchrony vs Ally
Replies: 37
Views: 4093

Re: Synchrony vs Ally

gclancer wrote:No experience with Synchrony but I'm a happy Ally customer. I would recommend Ally without hesitation.


+1.
by guitarguy
Mon Nov 21, 2016 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1333
Views: 168143

Re: What's Your Credit Card Rewards Strategy?

Careful... This is exactly why the points/rewards are offered. I view my cards as rebate cards carefully researched and maximized in tandem with a 3% checking account. Really, it is a yawn. Not getting me too excited. I started to look for even more and had to stop myself. It is a game for both the...
by guitarguy
Fri Nov 18, 2016 1:23 pm
Forum: Personal Consumer Issues
Topic: Corvette to Hybrid
Replies: 55
Views: 5818

Re: Corvette to Hybrid

Brokepilot wrote:Currently car: 2012 Base Corvette LT2 6-Speed Manual.

Wife's Car: 2003 Eclipse 130k, new paint, however has large oil leak from cam seal, randomly shuts off...Wife has never had a new car and has been begging for a new car for the last 6 years.


This literally made me LOL.
by guitarguy
Fri Nov 18, 2016 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1333
Views: 168143

Re: What's Your Credit Card Rewards Strategy?

Any new success stories with your strategy? I've found this hobby to be quite addicting - I daydream of where my points will take me and I am always thinking of points when I spend money. I'm also constantly looking for new offers, but realizing that I need to temper the applications - patience is ...
by guitarguy
Thu Nov 17, 2016 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Monthly grocery costs? How do you keep it low?
Replies: 155
Views: 16065

Re: Monthly grocery costs? How do you keep it low?

In your opinion, do you find it to be healthy to obtain your calories from a chocolate bar? What's wrong with dark chocolate? It has almost zero sugar in it and comes with fiber. I am not a health nut. I don't like the taste, nor the mouth feel of dark chocolate. I don't care if milk chocolate is h...
by guitarguy
Thu Nov 17, 2016 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1333
Views: 168143

Re: What's Your Credit Card Rewards Strategy?

I'm hoping to downgrade my Chase Sapphire to Freedom as well, but I've read that sometimes that does not work - they only will downgrade to the Freedom Unlimited. Anyone have success downgrading to Freedom recently? Yes, I downgraded from CSP to Chase Freedom within the past few months. No problem....
by guitarguy
Wed Nov 16, 2016 2:04 pm
Forum: Personal Consumer Issues
Topic: House Rental - Current issues and how to market it
Replies: 7
Views: 889

Re: House Rental - Current issues and how to market it

I intentionally stayed away from Craigslist as I associate CL with scammers. In this case I would agree with this. I have had nothing but great experiences on Craigslist in other situations like selling music gear and cars and stuff. However I wouldn't ever do anything on there that gave away my ho...
by guitarguy
Tue Nov 15, 2016 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Monthly grocery costs? How do you keep it low?
Replies: 155
Views: 16065

Re: Monthly grocery costs? How do you keep it low?

Especially if you're including products and non-food items, I don't think that's high at all. We just have my wife and I, no kids. We spend about $850/m...but to be fair that does include all non-food items, products, pet supplies and food for 2 dogs and a cat, the occasional trip to bed bath and be...

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