Search found 1689 matches

by Bacchus01
Thu Apr 12, 2018 5:42 pm
Forum: Personal Consumer Issues
Topic: Passport photo DIY - anyone done it easily?
Replies: 92
Views: 7313

Re: Passport photo DIY - anyone done it easily?

Walgreens does them for like $7
by Bacchus01
Tue Apr 10, 2018 5:26 pm
Forum: Personal Consumer Issues
Topic: Best place to buy a TV
Replies: 33
Views: 2968

Re: Best place to buy a TV

I buy at Costco using the Costco credit card just for the extended warranties. I also got the Square Trade Extended warranty, with stretches the whole thing to 7 years. While normally I consider extended warranties a waste of money, it is important when buying Samsung televisions. The warranty poli...
by Bacchus01
Tue Apr 10, 2018 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Active Adult Retirement Communities
Replies: 36
Views: 4023

Re: Active Adult Retirement Communities

The Villages in middle Florida https://www.thevillages.com/ I have heard of The Villages but have never been there. Sounds like a wild place if half this stuff is true (and this is just a sampling): https://nypost.com/2009/01/25/retire-to-the-bedroom/ http://www.slate.com/articles/life/florida/feat...
by Bacchus01
Tue Apr 10, 2018 7:13 am
Forum: Personal Finance (Not Investing)
Topic: Am I Crazy??? [Excess W-4 withholding, got large tax refund]
Replies: 31
Views: 3717

Re: Am I Crazy??? [Excess W-4 withholding, got large tax refund]

Nothing crazy. Lots of sane, rational, responsible people do exactly the same thing on purpose. There’s nothing wrong with it, but there are better options. I do exactly the opposite. I calculate the max I can underwithhold without paying a penalty and then file as late as possible. I also WAY under...
by Bacchus01
Tue Apr 10, 2018 5:30 am
Forum: Investing - Help with Personal Investments
Topic: Starting to invest at 35, is this a good plan for retirement planning?
Replies: 32
Views: 3848

Re: Starting to invest at 35, is this a good plan for retirement planning?

You’ll read threads here and believe you are woefully behind. Just realize you are ahead of 99% of people in the US. I’d ditch the student loan as quick as possible. That’s a big sum at 35. How long have you carried it and how big was it to start? You have a 30 year horizon. Look forward, not back....
by Bacchus01
Mon Apr 09, 2018 8:58 pm
Forum: Personal Consumer Issues
Topic: Atlantis Bahamas for myself with 2 kids?
Replies: 13
Views: 1992

Re: Atlantis Bahamas for myself with 2 kids?

Any options for 5 people?

Thinking rent a condo from familyfunatlantis.com
by Bacchus01
Mon Apr 09, 2018 7:56 am
Forum: Personal Finance (Not Investing)
Topic: Your Monthly Cost of Living
Replies: 66
Views: 7422

Re: Your Monthly Cost of Living

Will have dug up details, but for this family of five with three mortgages and two car loans, we spend $10k+ a month. Now, $2K of that is on two properties that are investments. I also commute 110 miles round trip daily. We have newer cars with $1400/mo payments and I swould one about $350/mo on gas...
by Bacchus01
Mon Apr 09, 2018 7:42 am
Forum: Investing - Help with Personal Investments
Topic: Is refinancing to 30 year worth it?
Replies: 20
Views: 2171

Re: Is refinancing to 30 year worth it?

Counting your ROTH as part of your emergency fund is not a bad idea. I do that as well.
by Bacchus01
Sun Apr 08, 2018 5:44 pm
Forum: Personal Consumer Issues
Topic: Honda reliability slipping?
Replies: 31
Views: 4070

Re: Honda reliability slipping?

According to consumer reports, which knows a lot more on car reliability than any particular Boglehead...Overall, Honda’s reliability is average. That said, in 2018, average reliability is actually pretty darn reliable. The April issue of CR has a chart telling what “average” is for their different...
by Bacchus01
Sun Apr 08, 2018 5:40 pm
Forum: Personal Finance (Not Investing)
Topic: Higher total income in retirement than during working?
Replies: 51
Views: 4928

Re: Higher total income in retirement than during working?

But withdrawing savings is not “income” In the account of household cash flow it is. And that is what we are talking about when we talk about what one spends. But a person can talk about anything they want as long as they are clear as to what is the point. I think the OP is already unclear regardin...
by Bacchus01
Sun Apr 08, 2018 5:39 pm
Forum: Personal Consumer Issues
Topic: Robotic lawn mowers
Replies: 18
Views: 1542

Re: Robotic lawn mowers

Basically a Roomba for your yard. I too am interested in these and would like to see if anyone has used them. Check the size of your yard. I think it would be terrible for 3/4 acre. They are coming a long way, but aren’t very effective for US size lawns. Since they now in a random pattern, it can l...
by Bacchus01
Sun Apr 08, 2018 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Higher total income in retirement than during working?
Replies: 51
Views: 4928

Re: Higher total income in retirement than during working?

I think the boglehead aim is to eventually have passive income more than expenses at retirement,possibly earlier. It has no relation to exceeding active income although a few may also acheive this. I’ve never seen that explicitly stated either. In fact, I’m in the camp that says if passive income i...
by Bacchus01
Sun Apr 08, 2018 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: Higher total income in retirement than during working?
Replies: 51
Views: 4928

Re: Higher total income in retirement than during working?

I think the boglehead aim is to eventually have passive income more than expenses at retirement,possibly earlier. It has no relation to exceeding active income although a few may also acheive this. I’ve never seen that explicitly stated either. In fact, I’m in the camp that says if passive income i...
by Bacchus01
Sun Apr 08, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Higher total income in retirement than during working?
Replies: 51
Views: 4928

Re: Higher total income in retirement than during working?

I think the boglehead aim is to eventually have passive income more than expenses at retirement,possibly earlier. It has no relation to exceeding active income although a few may also acheive this. I’ve never seen that explicitly stated either. In fact, I’m in the camp that says if passive income i...
by Bacchus01
Sun Apr 08, 2018 12:20 pm
Forum: Personal Consumer Issues
Topic: Has used furniture dropped in value dramatically?
Replies: 119
Views: 12484

Re: Has used furniture dropped in value dramatically?

I just bought a 3.5 k sofa bed. I saved for it. I wanted it. It was not a quick spontaneous purchase. I am very happy with it. I love beautiful furniture. I have several solid wood pieces which are beautiful. I really don't care about resale value. It s too bad millenials don't like quality. I'm al...
by Bacchus01
Sun Apr 08, 2018 10:19 am
Forum: Personal Consumer Issues
Topic: Has used furniture dropped in value dramatically?
Replies: 119
Views: 12484

Re: Has used furniture dropped in value dramatically?

I just bought a 3.5 k sofa bed. I saved for it. I wanted it. It was not a quick spontaneous purchase. I am very happy with it. I love beautiful furniture. I have several solid wood pieces which are beautiful. I really don't care about resale value. It s too bad millenials don't like quality. I'm al...
by Bacchus01
Sun Apr 08, 2018 9:55 am
Forum: Personal Consumer Issues
Topic: Best place to buy a TV
Replies: 33
Views: 2968

Re: Best place to buy a TV

If you want the latest and greatest, Best Buy or online.

If you want the best value while still getting high performance? Costco. Getting a 4-year warranty when you use the Costco CC is amazing.
by Bacchus01
Sun Apr 08, 2018 9:51 am
Forum: Investing - Help with Personal Investments
Topic: Starting to invest at 35, is this a good plan for retirement planning?
Replies: 32
Views: 3848

Re: Starting to invest at 35, is this a good plan for retirement planning?

You’ll read threads here and believe you are woefully behind. Just realize you are ahead of 99% of people in the US. I’d ditch the student loan as quick as possible. That’s a big sum at 35. How long have you carried it and how big was it to start? You have a 30 year horizon. Look forward, not back....
by Bacchus01
Sun Apr 08, 2018 9:49 am
Forum: Investing - Theory, News & General
Topic: Global Stock Markets in the Twentieth Century
Replies: 16
Views: 1188

Re: Global Stock Markets in the Twentieth Century

Data that’s now more than 20 years old? The data that comes from way back in 1921 is now almost one hundred years old. Now that's some old data! What’s the point? Do you believe that you'd be better off if you used only fresh data for making decisions? There's sparkling, brand spanking new data on ...
by Bacchus01
Sun Apr 08, 2018 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Is refinancing to 30 year worth it?
Replies: 20
Views: 2171

Re: Is refinancing to 30 year worth it?

I wouldn’t do anything. You haven’t said you are short on funds, so refinancing to a worse rate to invest more doesn’t make sense. If you get in a pinch, cut your 401k for a little while. I would suggest stop paying off your mortgage early. I know it’s only $17, but there is very little benefit to d...
by Bacchus01
Sat Apr 07, 2018 1:19 pm
Forum: Investing - Theory, News & General
Topic: Global Stock Markets in the Twentieth Century
Replies: 16
Views: 1188

Re: Global Stock Markets in the Twentieth Century

Data that’s now more than 20 years old?

What’s the point?
by Bacchus01
Sat Apr 07, 2018 1:03 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age? and, Why?
Replies: 163
Views: 13151

Re: What is your AA, given your age? and, Why?

95/5 at 44 and 49.

Why? Because we can. Our most likely biggest investment return over the next 20 years is still our human capital. I don’t mind the risk on the rest because we don’t really need it anytime soon.
by Bacchus01
Sat Apr 07, 2018 1:01 pm
Forum: Personal Consumer Issues
Topic: how much would a new kitchen cost?
Replies: 21
Views: 1914

Re: how much would a new kitchen cost?

The shows are stupid and unrealistic. Do flippers get those rated? Sometimes. They also are volume customers with constant business and do a lot of the rough work themselves or with cheap labor. Depending on your location, it’s hard to believe you could have it fully contracted for under $200/sq ft.
by Bacchus01
Sat Apr 07, 2018 12:59 pm
Forum: Investing - Help with Personal Investments
Topic: Starting to invest at 35, is this a good plan for retirement planning?
Replies: 32
Views: 3848

Re: Starting to invest at 35, is this a good plan for retirement planning?

You’ll read threads here and believe you are woefully behind. Just realize you are ahead of 99% of people in the US. I’d ditch the student loan as quick as possible. That’s a big sum at 35. How long have you carried it and how big was it to start? You have a 30 year horizon. Look forward, not back. ...
by Bacchus01
Fri Apr 06, 2018 11:21 pm
Forum: Investing - Theory, News & General
Topic: Are we in bear territory?
Replies: 49
Views: 6399

Re: Are we in bear territory?

I sold all my funds and am now buying antiques. :shock: :mrgreen: I did actually just read a newspaper article about how inexpensive antiques are nowadays. They’re pretty much going for 80% off what they were being sold for about 10-15 years ago. I see stuff getting dumped on Craigslist or Facebook...
by Bacchus01
Fri Apr 06, 2018 9:17 am
Forum: Investing - Theory, News & General
Topic: “We’re not making enough money off you”
Replies: 62
Views: 11689

Re: “We’re not making enough money off you”

Why is that fair of the special loan rates are part of the service package? When I had a relationship with BoA many years ago like this, special loan rates were part of the deal. I had assumed that the special rates were not a standard part of the service package - that it was a reward based on the...
by Bacchus01
Fri Apr 06, 2018 9:15 am
Forum: Personal Consumer Issues
Topic: VW Atlas
Replies: 46
Views: 4132

Re: VW Atlas

I believe that. Even the GX 460 3rd row is kind a joke. Kids or short trips. People or stuff. No both. The difference though, is that while third-row occupants are going to be miserable in either vehicle, with the RXL putting people in the third row makes everyone in the first and second rows miser...
by Bacchus01
Wed Apr 04, 2018 8:54 am
Forum: Personal Consumer Issues
Topic: Travel to Dominican Republic
Replies: 17
Views: 1893

Re: Travel to Dominican Republic

Small tips are fine. They are appreciated. We were sure to tip our breakfast waiter on day one (and every day) and that extra couple bucks made for a huge increase in service which was already good to start. One day I had run out of dollars on me and asked if Euros were okay as I had some on me. He ...
by Bacchus01
Wed Apr 04, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: VW Atlas
Replies: 46
Views: 4132

Re: VW Atlas

We have a 2014 Acadia Denali. I would not buy the Traverse. I’m shocked with the maintenance issues on the Acadia. Side detection went out. After 3 trips they finally replaced under warranty for $2,500. We had the AC system in 3 times and they never fixed. Independent shop says rear condenser needs ...
by Bacchus01
Wed Apr 04, 2018 8:35 am
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 11353

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

My wife and I save about 100k per year-it's just not that difficult. After doing so for about 7 years we have the option to stop working if we wish, or do work we are more passionate about that may not pay anything. I applaud thriftiness, but I don't see why it's so important to retire early, espec...
by Bacchus01
Wed Apr 04, 2018 8:34 am
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 11353

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

Bravo for them. I'm disappointed to see the jealous comments. These two individuals are content, happy, healthy and love each other. I just read some of their blog. All that matters is health, family and friends. I think most but not all love their jobs because it strokes their ego. I worked in the...
by Bacchus01
Wed Apr 04, 2018 7:10 am
Forum: Investing - Theory, News & General
Topic: “We’re not making enough money off you”
Replies: 62
Views: 11689

Re: “We’re not making enough money off you”

So, basically, he’s using them for the below-market-rate loans, which is a pretty good deal. The MSSB folks kindly informed him that “we’re not making enough money off of you”, that MSSB’s production quota and compensation matrix had changed, and that unless he agreed to switch assets into an activ...
by Bacchus01
Wed Apr 04, 2018 7:08 am
Forum: Investing - Theory, News & General
Topic: “We’re not making enough money off you”
Replies: 62
Views: 11689

Re: “We’re not making enough money off you”

I applaud MSSB for being honest about the situation. It gives your FIL the opportunity to pay more for service he values or make other arrangements if he feels the added cost is not justified. It sounds like he's known that he's been getting a sweet deal, the question is how much is the service rea...
by Bacchus01
Mon Apr 02, 2018 4:58 pm
Forum: Investing - Theory, News & General
Topic: Finally some TLH opportunities
Replies: 3
Views: 595

Re: Finally some TLH opportunities

I pulled the trigger on some TLH today from 2/8 and 2/9, which were TLHs for some stuff bought back in late Nov/Early Dec.

But it’s still pretty small amounts.
by Bacchus01
Sat Mar 31, 2018 7:47 pm
Forum: Investing - Theory, News & General
Topic: What’s the magic savings rate???
Replies: 61
Views: 9694

Re: What’s the magic savings rate???

So you are saving between 23% to 36%. It is not bad, but for your income level, I think that is on the low side. Let's say 30% goes to taxes, and let's take the average value for your savings (~30%), that means you are spending 40% of your money, which is 90k/year or 7.5k/month. Unless you are payi...
by Bacchus01
Sat Mar 31, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Can I refi and still get a lower rate right now? UPDATE: Bonus HELOC??
Replies: 31
Views: 2517

Re: Can I refi and still get a lower rate right now?

Im a loan officer at one of WF/Chase/BoA... generally... today... rates on a 15yr fixed are about 4.125ish no points rates on a 30yr fixed are about 4.5ish no points 7/1 Arms are as low as 3.875 no points but those rates are with no cash out. add a quarter point to all the above since its cash out ...
by Bacchus01
Sat Mar 31, 2018 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Can I refi and still get a lower rate right now? UPDATE: Bonus HELOC??
Replies: 31
Views: 2517

Re: Can I refi and still get a lower rate right now?

Im a loan officer at one of WF/Chase/BoA... generally... today... rates on a 15yr fixed are about 4.125ish no points rates on a 30yr fixed are about 4.5ish no points 7/1 Arms are as low as 3.875 no points but those rates are with no cash out. add a quarter point to all the above since its cash out ...
by Bacchus01
Sat Mar 31, 2018 6:31 am
Forum: Personal Finance (Not Investing)
Topic: Can I refi and still get a lower rate right now? UPDATE: Bonus HELOC??
Replies: 31
Views: 2517

Re: Can I refi and still get a lower rate right now?

The beat rates right now, especially in your situation, seem to be 15 fixed.

I’m seeing 5/1 rates higher than 30 fixed. That’s crazy.
by Bacchus01
Fri Mar 30, 2018 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest to minimize taxes (if that's possible?)
Replies: 18
Views: 2353

Re: How to invest to minimize taxes (if that's possible?)

3funder wrote:
Thu Mar 29, 2018 10:18 am
Minimizing taxes is important, but keep in mind that everyone pays taxes. Don't let the tax tail wag the dog.
Nearly half of all US households pay no federal income tax. So, no.
by Bacchus01
Fri Mar 30, 2018 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: When did you know your kids would go to college?
Replies: 91
Views: 4578

Re: When did you know your kids would go to college?

Darth Xanadu wrote:
Fri Mar 30, 2018 9:44 pm
Bacchus01 wrote:
Fri Mar 30, 2018 5:43 pm
The day they were born. It is an expectation.
wootwoot wrote:
Fri Mar 30, 2018 9:22 pm
Before they were born.
C'mon, you couldn't possibly know that. :annoyed

Absolutely did. Not an option.
by Bacchus01
Fri Mar 30, 2018 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: When did you know your kids would go to college?
Replies: 91
Views: 4578

Re: When did you know your kids would go to college?

The day they were born. It is an expectation.
by Bacchus01
Tue Mar 27, 2018 6:01 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6683
Views: 1451199

Re: U.S. stocks in freefall

Yet again I didn't get a chance to TLH VOO. It might have hit a negative at some point, but it was positive every time I checked. I ended the day with $1.10 in unrealized gains. Even if you went a couple of points into the red, why would you bother TLH such a small amount? Why not? I admit, I would...
by Bacchus01
Mon Mar 26, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: I didn't tax-loss harvest this month, did you?
Replies: 103
Views: 7674

Re: I didn't tax-loss harvest this month, did you?

I have no losses to harvest. Did that during first week of Feb already.
by Bacchus01
Mon Mar 26, 2018 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Hobby Property for "tinkering"
Replies: 14
Views: 2044

Re: Hobby Property for "tinkering"

I actually bought through Badgerland Financial, which then merged with Compeer. It is a cooperative (?) so I am also an owner. I had to put $1000 into it when I bought, which I get back if I ever sell. Technically not a credit union, it may be a cooperative. It was created in the Depression era, so...
by Bacchus01
Mon Mar 26, 2018 5:37 am
Forum: Personal Finance (Not Investing)
Topic: Hobby Property for "tinkering"
Replies: 14
Views: 2044

Re: Hobby Property for "tinkering"

We got a loan through what is now Compeer Financial. If they aren’t in your area, someone will do land loans. We got ours for 25% down, 3.5% for 20 years. That was fall 2016. Compeer is part of the Federal Farm Credit System - so it is a odd duck. IIf not Compeer there should be another member of t...