Search found 527 matches

by StealthRabbit
Tue Oct 09, 2018 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: College loan advice?
Replies: 39
Views: 3062

Re: College loan advice?

@stealthrabit: Besides Stafford, what loans can a student get WITHOUT a cosigner in any state? I ask because we have looked at banks, credit unions and a number of student loan providers and found none. Ours used Stafford (which was adequate for their needs) They also had some availability of State...
by StealthRabbit
Tue Oct 09, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: College loan advice?
Replies: 39
Views: 3062

Re: College loan advice?

Personal preference: 1) I consider 18 YO to be an adult, 2) It is very ez for students to get loans , usually interest deferred of free until graduation. (and puts their 'skin-in-the-game' (under your guidance / ONLY for EDU, not for living expenses / frills) 3) You can always choose to repay AFTER ...
by StealthRabbit
Mon Oct 08, 2018 1:22 am
Forum: Personal Investments
Topic: Evaluate net worth - FIRE really that close?
Replies: 56
Views: 8509

Re: Evaluate net worth - FIRE really that close?

I get it... :idea:Stay home while the kids are around, Go back to work (if you MUST) when they are GONE :D Keep current in your skills (if you will ever need them / certifications...), teach PT in a CC or adult ed / business courses is a great way to stay engaged. I took a lot of sabbaticals, lived ...
by StealthRabbit
Fri Oct 05, 2018 3:26 am
Forum: Personal Finance (Not Investing)
Topic: Need Health Insurance (Non-ACA Options)
Replies: 80
Views: 6414

Re: Need Health Insurance (Non-ACA Options)

Health Sharing networks... not too comforting (since it is NOT insurance), $300 / month average _ + $100 / yr for $1m to infinity cap https://www.kitces.com/blog/healthcare-sharing-program-review-chm-medicare-lhs-samaritan-health-share-plans/ (no income, no wealth risk) so... I Have used it and frie...
by StealthRabbit
Thu Oct 04, 2018 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Commercial land for sale, agent and seller are one
Replies: 6
Views: 442

Re: Commercial land for sale, agent and seller are one

The agent / seller needs confirmed commitment (purchase / sale contract) before wasting any time on a 'tire-kicker' / 'what -if' buyer. Usually this includes a knowledgeable buyer (who has already done the research to know what they intend to do with this property, AND they are capable to bring that...
by StealthRabbit
Sun Sep 30, 2018 12:15 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA Income Sheltering for FAFSA
Replies: 11
Views: 1443

Re: Roth IRA Income Sheltering for FAFSA

When applying for Fafsa, you do want to keep Student Assets far away (such as a Roth) / Home equity also worked for my kids (had built their own homes pre-college). I started my kids in Roth at age 12, and matched 100% of their earnings for them to place in Roth. That was one of my 'pay-it-forward' ...
by StealthRabbit
Fri Sep 28, 2018 10:21 am
Forum: Personal Investments
Topic: Payoff rental house mortgage?
Replies: 10
Views: 1210

Re: Payoff rental house mortgage?

I will be more apt to keeping my rental mortgages, than a personal mortgage (business expense offers a more significant income offset to total income tax obligations (Sched E), than personal mortgage, (a marginal benefit(?)) For your charitable gift planning. Consider a DAF (Donor Advised Fund) if y...
by StealthRabbit
Wed Sep 26, 2018 7:34 pm
Forum: Personal Investments
Topic: Should I sell or rent my house?
Replies: 22
Views: 2327

Re: Should I sell or rent my house?

That is a HORRIBLE rental. $850k house renting for $3750/month is downright horrible. I would sell in a heartbeat. yup... Personal residences / SFH is NOT usually an attractive 'investment', tho special circumstances can make the acceptable, but seldom performing. $875k RE asset should bring $9k/ m...
by StealthRabbit
Sat Sep 22, 2018 6:19 pm
Forum: Personal Investments
Topic: How to fund education for grandchildren: various strategies? Help?
Replies: 23
Views: 1573

Re: How to fund education for grandchildren: various strategies? Help?

Good points above + a few more... 529 was not a benefit in my state, AND... FAFSA grabs 100% of the students 'conventional' savings / assets... AND it is very CHEAP for students to borrow money than for parents to pay / lose opportunity costs (plus it adds far more 'skin-in-the-game' for student to ...
by StealthRabbit
Sat Sep 22, 2018 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Home away from home
Replies: 20
Views: 2391

Re: Home away from home

...OP, congrats to your DH on the new gig! For anyone who's ever been a road warrior, the answers to the questions you're asking really depend on (1) the city and flight duration to get there from where you two are, (2) what options the company is offering for accommodations, and (3) DH's experienc...
by StealthRabbit
Mon Sep 17, 2018 11:01 pm
Forum: Personal Finance (Not Investing)
Topic: how do/did you teach your kids finances/investing?
Replies: 28
Views: 2581

Re: how do/did you teach your kids finances/investing?

I have teenage/college children who have part time jobs. I have an agreement with my children that I will match 100% whatever earned income they decide to save up to 50% of their earnings. For example, if they make $100 and are willing to invest/save up to $50, I will match that with an additional ...
by StealthRabbit
Mon Sep 17, 2018 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: how do/did you teach your kids finances/investing?
Replies: 28
Views: 2581

Re: how do/did you teach your kids finances/investing?

5 is likely too young for anything but the basics. ... Lead by example . Short lessons. Kids like to see beneath the covers. Give them information. "Because I said so" doesn't teach much. Dave Ramsey and his daughter Rachel Cruze wrote a Smart Money Smart Kids book that might be worth a r...
by StealthRabbit
Fri Sep 14, 2018 12:13 am
Forum: Personal Investments
Topic: Vanguard is requiring cell phone security codes - problem for international travel (UPDATE)
Replies: 65
Views: 7262

Re: Vanguard is requiring cell phone security codes - problem for international travel

Vanguard never recognizes my computer when I log in After the log in they instantly and automatically call my home line and that works fine for me I conduct all my financial stuff on my desk top I have probably accessed my Vanguard account 3x from Home, in the last 10 yrs. Some of us aren't home mu...
by StealthRabbit
Thu Sep 13, 2018 3:48 pm
Forum: Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 4421

Re: DAF > Roth IRA? 12% tax bracket, no taxable

... Ah, ok. I think I get it now. Thanks for putting up with me! As a potential benefit to those who wish to make consistent giving part of their practice, it has the effect of creating an ‘emergency giving fund’ where one may be less likely to curtail giving from the DAF i n the event of a job los...
by StealthRabbit
Thu Sep 13, 2018 3:39 pm
Forum: Personal Investments
Topic: Vanguard is requiring cell phone security codes - problem for international travel (UPDATE)
Replies: 65
Views: 7262

Re: Vanguard is requiring cell phone security codes - problem for international travel

Yeah, I will have to leave Vanguard, as I don't have cell reception at any of my 3 usa homes, and I am overseas 50% + of the time. They could have added the 'email code option' for the benefit of mobile / international customers. Nice to have a few options, and it is ez to get locked out when you us...
by StealthRabbit
Thu Sep 13, 2018 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?
Replies: 118
Views: 12687

Re: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?

getting close to FI... REDUCE your time and energy commitment to your company Consider reading the Cliff Notes for "Die Broke" Basically, Reduce your emotional and time commitment to employer. (But do your job) Establish your other skills / priorities Plan (as in be ready) for your transit...
by StealthRabbit
Thu Sep 13, 2018 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Buying land and building a home
Replies: 2
Views: 631

Re: Buying land and building a home

Why Oregon? (it has a pretty high tax burden and poor finances (Schools / government / counties)) Determine the county (regulations vary) Septic, well power, road are the biggies THEN the permit process.. (I am in a federally restricted area, can take 2+ yrs) Spend a lot of time at county planner of...
by StealthRabbit
Wed Sep 12, 2018 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Laid Off, Considering Multiple Options - Which Would You Recommend?
Replies: 48
Views: 7899

Re: Laid Off, Considering Multiple Options - Which Would You Recommend?

Warning... I am not a 'conventional thinker'... I am a DOER (risk taker / variety) 46 years old, 2 kids elementary school age, wife is SAHM OPTION #5... (tho personally I would retire... (Which I did at age 49 off an hourly job that never exceeded $60k/ yr, and a SAHM / no extra income) Take a yr of...
by StealthRabbit
Wed Sep 12, 2018 5:27 pm
Forum: Personal Consumer Issues
Topic: Picking a Charity
Replies: 69
Views: 3424

Re: Picking a Charity

First of all, you should look into a Donor Advised Fund. I... not knowing your age, objectives, plan... I started with DAF in my 30's to build a perpetual legacy / capability to gift AFTER I was without income (came soon enough... retired - outsourced in my 40's) The DAF has been very good tax tool...
by StealthRabbit
Wed Sep 12, 2018 12:50 pm
Forum: Personal Investments
Topic: Fidelity, Schwab, or Vanguard
Replies: 82
Views: 9746

Re: Fidelity, Schwab, or Vanguard

Vanguard just disabled me with the sole 'additional security' of a cell phone code REQUIRED to access account. 1) I live in an area in USA without cell coverage 2) I am international ~ 30 - 50% of the time and my USA cell number stays in USA (I use an international multi SIM phone while traveling, c...
by StealthRabbit
Tue Sep 11, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else not save for cars?
Replies: 113
Views: 11475

Re: Anyone else not save for cars?

I try to not require a loan for my car(s) $35 daily driver that gets 50 mpg on free fuel (waste Oil) since 1976 At that price I keep quite a few spare cars around the farm yard. My limit for repairs = $0.10 / mile ... If I spend $1000 (never !) I need to get an additional 10,000 miles out of it. (mo...
by StealthRabbit
Tue Sep 11, 2018 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: How much do bogleheads save in 529?
Replies: 79
Views: 6297

Re: How much do bogleheads save in 529?

... The other extreme will be 0. Both are valid choices. It all depends on your personal financial circumenstances and your view on college educations. ... Everyone will make guesses. I am sure someone will guess right 0 Equipped my kids to be able to afford to pay their own way: Roths (since age 1...
by StealthRabbit
Tue Sep 11, 2018 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Low pay and low stress jobs with health benefit
Replies: 41
Views: 6326

Re: Low pay and low stress jobs with health benefit

We own more than one LLC, but only have husband and wife as employees. So ACA treats you just like an individual customer. ... Sorry, I missed adding this line... "Have at least ONE non-immediate family member in your LLC, and you will be able to negotiate a group policy" (be careful who ...
by StealthRabbit
Mon Sep 10, 2018 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Low pay and low stress jobs with health benefit
Replies: 41
Views: 6326

Re: Low pay and low stress jobs with health benefit

try here: https://www.moneycrashers.com/part-time-jobs-health-insurance-benefits/ https://ptmoney.com/the-ten-best-part-time-jobs-with-benefits/ (Home Depot, Kaplan, Trader Joes, Target all cancelled their coverage for most PT positions) Costco / Starbucks / REI / UPS / USPS / Wegmans (30 hrs +) / W...
by StealthRabbit
Mon Sep 10, 2018 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Low pay and low stress jobs with health benefit
Replies: 41
Views: 6326

Re: Low pay and low stress jobs with health benefit

Here's a thought. I just became aware of some of the Junior Colleges in my state that make available health insurance if you are a student. BTDT,,, check your local schools... I went back for a grad degree post age 50 (early retirement perk of free college) 6 months into the program this U and othe...
by StealthRabbit
Fri Sep 07, 2018 12:35 am
Forum: Personal Investments
Topic: Psychology of saving for college vs retirement
Replies: 66
Views: 4704

Re: Psychology of saving for college vs retirement

Good comments and intents... and LOTS of options. (hint: you never know what will develop in next 10 yrs...) 1) We chose to equip our kids to pay their own way . (no 529) 2) Started them investing in Roths at age 12 ($20k by college) Matched their wages 100% to Roth as an incentive, the unexpected b...
by StealthRabbit
Fri Sep 07, 2018 12:10 am
Forum: Personal Investments
Topic: DAF > Roth IRA? 12% tax bracket, no taxable
Replies: 46
Views: 4421

Re: DAF strategy? 12% tax bracket, no taxable

Also consider 'managing' / timing your distributions from DAF. 1) Many charities run 'matching' grants every year during their 'close of fiscal year', you want to donate during that opportune time :) 2) Capitalize on your GROWTH potential and time your DAF distributions to match. :D (I.e. I usually...
by StealthRabbit
Wed Sep 05, 2018 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Tax Deductions
Replies: 46
Views: 4040

Re: Charitable Tax Deductions

I realize some folks are using DAFs and other means to group all their giving into the same year. The problem is - some of the charities I give to will have trouble if we all start shifting to these types of models. If you are able to front load a DAF, the change can be transparent to most charitie...
by StealthRabbit
Wed Sep 05, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Charitable Tax Deductions
Replies: 46
Views: 4040

Re: Charitable Tax Deductions

... A DAF can facilitate the bunching of donations that JenniferG mentions. We donated 3 years worth of charitable donations in 2017 to our DAF. We plan on using that for 2018-2020 giving and taking the standard deduction. Then we'll replenish the DAF in 2021 and probably settle on a 2 year cycle a...
by StealthRabbit
Tue Aug 28, 2018 11:47 pm
Forum: Personal Investments
Topic: thinking of paying off mortgage pls help
Replies: 52
Views: 3473

Re: thinking of paying off mortgage pls help

... Thank you. I am concerned about this too. They might not qualify for financial aid because of taxable account even if I have low salary. I know the reportable assets in FAFSA. I agree with paying off the house (in your situation) and minimizing the decline of working / invested assets. Consider...
by StealthRabbit
Fri Aug 24, 2018 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Are payments from a trust to a charity deductible as charitable contributions?
Replies: 22
Views: 1451

Re: Are payments from a trust to a charity deductible as charitable contributions?

interesting discussion... I am in the process of updating the statements of my revocable trust and have gleaned questions from this thread. All of our remainder trust assets are designated to charity and our DAF upon 'double demise' (both primary trustees) but assets have 100% discretion of survivin...
by StealthRabbit
Thu Aug 23, 2018 1:47 pm
Forum: Personal Investments
Topic: Move money to kids
Replies: 5
Views: 1097

Re: Move money to kids

I am VERY different in how I train / equip kids. Mine got UGMA accounts at age 10, then I fully matched their earnings into Roths from age 12 - age 18. @ age 18... FAFSA did not 'ding' them for Roths, (~$20k) or for their home equity (~$80k) (each designed and built their own homes during Jr High) E...
by StealthRabbit
Tue Aug 21, 2018 3:45 pm
Forum: Personal Investments
Topic: Open ROTH IRA's - when, where and how?
Replies: 14
Views: 1112

Re: Open ROTH IRA's - when, where and how?

Sooner the better! Roth is an excellent wealth management tool (one of many tools you will need) I put my most volatile / highest gain potential into Roths, (early in life) Track your contributions (can be withdrawn w/o penalty after a few yrs, but try to avoid this) Unfortunately Vanguard has just ...
by StealthRabbit
Tue Aug 21, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: Non-Traditional college financing
Replies: 8
Views: 667

Re: Non-Traditional college financing

similar option... check with your state 'Running Start' option. https://en.wikipedia.org/wiki/Running_Start (RS) programs are capable of reducing a mass amount of money that would otherwise go into years spent at university, WA has FREE FT college instead of HS (Jr College usually, but also State U'...
by StealthRabbit
Sun Aug 19, 2018 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: What kind of medical events that may ruin your retirement?
Replies: 73
Views: 6282

Re: What kind of medical events that may ruin your retirement?

Many (any) Health events may get you broke in USA W/O insurance! But... life does not END with employment... tho I'm at great heredity risk for early demise.. I use alternatives to USA HC insurance, and a I travel a LOT. BTDT for the last 14 yrs (Left workforce at age 49, no HC insurance, no pension...
by StealthRabbit
Sat Aug 18, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Rental home and paying off debt by refinancing primary home cash out
Replies: 9
Views: 976

Re: Rental home and paying off debt by refinancing primary home cash out

... Any expense on the rental is a deductible business expense, subject to passive income rules. I see this as I would much much rather have a mortgage on a rental than on my primary house, purely from a monetary point of view, even if the rental mortgage was slightly (or even not-slightly) more ex...
by StealthRabbit
Sat Aug 18, 2018 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Real estate dropping like a rock in U.K. - can the U.S. be far behind?
Replies: 68
Views: 12891

Re: Real estate dropping like a rock in U.K. - can the U.S. be far behind?

Housing can be very cyclical (economy / employment / interest rates) Has been a very long 'rich' spell for all sectors, so I expect some 'adjustment' in RE (which affects my 'passive' portfolio / asset mix / income a lot). Cash and accessible capital is a good thing to have in a RE downturn. As ment...
by StealthRabbit
Thu Jul 19, 2018 2:17 pm
Forum: Personal Consumer Issues
Topic: Israel Private Tours
Replies: 3
Views: 529

Re: Israel Private Tours

We did private tours last trip to Israel, and they were very good, EXCLUDING the same grumpy / complaining / non-ambulatory person from the ship ALSO chose this private tour, each day... so it was miserably slow by the 3rd day. But a LOT more interesting / faster than a BUS tour (with 50+ of this ty...
by StealthRabbit
Thu Jul 19, 2018 2:10 pm
Forum: Investing - Theory, News & General
Topic: Direct Real Estate Returns
Replies: 361
Views: 20249

Re: Direct Real Estate Returns

Direct RE is just another of many tools / investment options for those who elect to participate. ~10 - 12% Return on equity + Capital Asset appreciation = 13 - 17% net yield / yr over life of ownership . (if you buy wise, in a good market (for rents and resale). I have used direct RE as ~30 -40% of ...
by StealthRabbit
Thu Jul 19, 2018 1:28 pm
Forum: Personal Consumer Issues
Topic: 35 minute connection for flight, long enough?
Replies: 65
Views: 5210

Re: 35 minute connection for flight, long enough?

If on the same airline, and booked on same locator # you have a chance of making it (if Gates are nearby, and inbound is not late). 1.) Boarding unusually begins 30 min before departure 2.) Arrival time is often 'touchdown' time / be sure to add Taxi, Gate arrangements, deplaning time, walking to ge...
by StealthRabbit
Sat Jul 07, 2018 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: How to "retire" in your 30's article
Replies: 110
Views: 17151

Re: How to "retire" in your 30's article

Retiring while your kids are home is a GREAT idea in my book. :D We lived (frugally) overseas (and USA) and homeschooled when kids were home (farmed while in USA). Being Retired (or on a 'work break') during that very short 'kid-time' would have been GREAT! When I had to work, I did evening shift, s...
by StealthRabbit
Tue May 15, 2018 3:43 am
Forum: Personal Finance (Not Investing)
Topic: Does it make sense to rent as a retiree?
Replies: 83
Views: 11428

Re: Does it make sense to rent as a retiree?

many options, all with merit (to do over again... @ age 18 when I bought my first property... I would have stashed all my RE equity in a paid off commercial building with multiple NNN tenants, I would be renting in Tahiti (or more likely Cook Islands). and collecting $8-12k in positive cash flows pe...
by StealthRabbit
Sat Apr 28, 2018 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: 300k vs 500k house?
Replies: 32
Views: 5897

Re: 300k vs 500k house?

many great replies here! Yes, life is VERY short, do what suits you, as either choice has cost / benefit. Having traded 30+ properties a few thoughts: 1) Primary house is not always an asset, and can often be a liability (anchor chain) 2) A Radical view... $500k could be spinning off $5k / month and...
by StealthRabbit
Wed Apr 25, 2018 11:40 am
Forum: Personal Investments
Topic: 26 Year Old Asking For Advice
Replies: 19
Views: 3784

Re: 26 Year Old Asking For Advice

Not enough info (as per above + what your current balances / objectives are) Just a Rough idea as a % of NW, and whether it is discretionary, or investment related / positioned for future need. And... what your overall investment goals for these funds are. What are your other investment tools? We al...
by StealthRabbit
Mon Apr 16, 2018 5:04 am
Forum: Personal Investments
Topic: Car Loan vs Home Mortgage
Replies: 28
Views: 3415

Re: Car Loan vs Home Mortgage

1/3 car, 1/3 mortgage, 1/3 VTSAX in taxable. I like this ^^^ but in my own case ... I would SELL the car and drive something I could afford, then pay down the house if is it not deductible. (my cheap car even burns FREE fuel!...as it has since 1976 (cooking oil, waste engine / heating oil, Jet-A, o...
by StealthRabbit
Mon Apr 16, 2018 3:57 am
Forum: Personal Investments
Topic: Should I move 401K? If so where?
Replies: 14
Views: 1771

Re: Should I move 401K? If so where?

401k is a safety net for liability claims that can nab an IRA (IRA is more accessibe to litigation claims). If your investment choices are OK, I would stick with the 401k as a lifelong investment vehicle for this reason. Yes, a 401k roll to a Roth will incur an income tax obligation. (do this roll a...
by StealthRabbit
Sat Apr 14, 2018 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: Could you support family on 1 income?
Replies: 88
Views: 8937

Re: Could you support family on 1 income?

Could you support family on 1 income? Certainly it can be done, and is being done by millions (even low wage earners) Your current debt structure (housing expenses) is a risk, you will need to fix that for a LT solution. You can mitigate to a better neighborhood with much lower capital costs and ho...
by StealthRabbit
Thu Apr 05, 2018 10:03 pm
Forum: Personal Investments
Topic: Roth IRA contributions for the minor
Replies: 12
Views: 2115

Re: Roth IRA contributions for the minor

... Can you guys shed some light on this? Thanks! :sharebeer 1) Contribution limit must not exceed 'earned income' (or Roth Cap) (as per above), best to farm out the kids to the neighbors (they learn more and work harder doing that anyway.) :wink: 2) Keep records 3) Bring kids to FREE stock trading...
by StealthRabbit
Thu Apr 05, 2018 9:56 pm
Forum: Personal Investments
Topic: Roth IRA contributions for the minor
Replies: 12
Views: 2115

Re: Roth IRA contributions for the minor

I really don't understand all this jumping through hoops to set up a Roth for a 10 year old. First I agree that the money you are giving your son sounds like Allowance and not wages. Why not simple open a taxable account for the kid. No hoops required... just good planning / education / with valuab...
by StealthRabbit
Mon Mar 26, 2018 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: Hobby Property for "tinkering"
Replies: 14
Views: 2341

Re: Hobby Property for "tinkering"

I buy nearby props for LT investment (and to add SILENCE to the neighborhood for my own enjoyment) of 32... I have used a realtor 2 miserable SLOW / EXPENSIVE times. I prefer to find and make my own deals. (County GIS on-line helps a lot, used to have to spend many hours at the courthouse)!) criteri...