Search found 1583 matches

by EnjoyIt
Thu May 01, 2014 5:01 pm
Forum: Personal Consumer Issues
Topic: [avoiding utility payments]
Replies: 29
Views: 3484

Re: [avoiding utility payments]

It has always been a dream of mine to go off the grid. Doesn't sound like a possibility today. Maybe the future will be different.
by EnjoyIt
Thu May 01, 2014 1:14 am
Forum: Personal Consumer Issues
Topic: [avoiding utility payments]
Replies: 29
Views: 3484

[avoiding utility payments]

An interesting thought ran through my head. Many of us bogleheads have an aversion to debt. But there are other versions of fixed payments we are enslaved to. Water and electricity come to mind. Has anyone taken the no debt mentality to an extreme by digging a well and/or putting up solar panels? If...
by EnjoyIt
Thu May 01, 2014 1:00 am
Forum: Personal Finance (Not Investing)
Topic: Does everyone have an Emergency Fund
Replies: 51
Views: 6131

Re: Does everyone have an Emergency Fund

Since then I've added liquor, guns and ammo to the emergency fund mix. At this point we could ride out a reasonably big financial/societal disaster better than many. Alcohol? I knew I was forgetting something. Still working on maximizing my ammo emergency fund. I am thinking of getting an ammo load...
by EnjoyIt
Sun Apr 27, 2014 9:34 pm
Forum: Personal Consumer Issues
Topic: Has anyone bought a smart TV rcently?
Replies: 41
Views: 9503

Re: Has anyone bought a smart TV rcently?

This is very simple. If the tv is greater than 42 inches it must be 1080p. If you are viewing in a brightly lit room (lots of daylight) you need to get the LED Samsung. If you are viewing in a darker room, then you best bet is a panasonic plasma. You will get arguably the most realistic picture with...
by EnjoyIt
Thu Apr 24, 2014 9:28 am
Forum: Personal Consumer Issues
Topic: Sell, trade, or keep 2nd car?
Replies: 10
Views: 1147

Re: Sell, trade, or keep 2nd car?

How much a year does it cost of keeping the car (depreciation, insurance, and registration?) What is the risk of not having the second car (need to run errands or only car break down?) Then decide if the cost outweighs the risk. The other option is to take a small portion of the cost and create a ta...
by EnjoyIt
Tue Apr 22, 2014 4:43 pm
Forum: Investing - Theory, News & General
Topic: Does Asset Allocation beat the S&P 500?
Replies: 75
Views: 9833

Re: Does Asset Allocation beat the S&P 500?

I would advise you to try and do some self assessment and think about how you would react if you saw your account balances change in a very short time frame from X to .5*X. I think this is a big issue. It may be easy to tolerate a 50% loss when you have $50k in assets and just building your wealth....
by EnjoyIt
Mon Apr 21, 2014 9:17 pm
Forum: Investing - Theory, News & General
Topic: Total bond vs intermediate tax exempt
Replies: 12
Views: 2848

Re: Total bond vs intermediate tax exempt

OutofCyan: that wiki makes muni's much more attractive than 35% of total bond's corporate holding.

TPM: unfortunately I have no history in international up until a few months ago. I will see what turns up over the next few years regarding my international holdings.
by EnjoyIt
Sun Apr 20, 2014 10:39 pm
Forum: Investing - Theory, News & General
Topic: Total bond vs intermediate tax exempt
Replies: 12
Views: 2848

Re: Total bond vs intermediate tax exempt

I wish I could quantify that risk to see if it is worth it. I am currently in the 39.6% tax bracket. My accounts today are: 66% in taxable Total stock market -26.5% Total international - 30% Intermediate term tax exempt - 15% 33% in tax advantaged Total stock market - 13.5% Total bond Market - 15% M...
by EnjoyIt
Sun Apr 20, 2014 2:36 pm
Forum: Investing - Theory, News & General
Topic: Total bond vs intermediate tax exempt
Replies: 12
Views: 2848

Re: Total bond vs intermediate tax exempt

It wouldn't make sense to have tax free bonds in a 401k. Whatever you eventually withdraw from the 401k is going to be counted as ordinary income. Unless you were saying to get out of the bond fund I your 401k, and add the equivalent amount in tax free bonds in your taxable account. Is that what yo...
by EnjoyIt
Sun Apr 20, 2014 2:35 pm
Forum: Personal Consumer Issues
Topic: POLL: what's the deal with Tuna Fish?
Replies: 48
Views: 7999

Re: POLL: what's the deal with Tuna Fish?

Costco's Kirkland tuna is probably some of the best and in fact made by bumble bee but better quality tuna http://money.cnn.com/magazines/moneymag/moneymag_archive/2003/10/01/350564/ (old article) If you live in the south and have access to an HEB supermarket, they sell "Central Market" solid white ...
by EnjoyIt
Sun Apr 20, 2014 2:24 pm
Forum: Investing - Theory, News & General
Topic: Total bond vs intermediate tax exempt
Replies: 12
Views: 2848

Total bond vs intermediate tax exempt

I am looking at the difference between the total bond fund vs the intermediate tax exempt fund. They both have very similar returns, slightly over 2%, but one is tax free. With that in mind, why would I want total bond when I can have the same return tax free? Am I missing something? I am 30% fixed ...
by EnjoyIt
Sun Apr 20, 2014 2:16 pm
Forum: Personal Consumer Issues
Topic: suggestion for awd luxury sedan
Replies: 44
Views: 6617

Re: suggestion for awd luxury sedan

Based on what you wrote, to me the hardest decision would be between the Audi and the Lexus. Better driving experience vs reliability. I think it is a toss up. Both are great cars. The Mercedes is looking very sharp lately. Now if AWD was your main concern then your best bet is either Subaru or Audi...
by EnjoyIt
Tue Apr 15, 2014 3:21 pm
Forum: Personal Consumer Issues
Topic: suggestion for awd luxury sedan
Replies: 44
Views: 6617

Re: suggestion for awd luxury sedan

Post back what you decide on and why. I am curious.
by EnjoyIt
Mon Apr 14, 2014 1:51 pm
Forum: Personal Consumer Issues
Topic: Whats with the internet cap-100GB/ month?
Replies: 11
Views: 2576

Re: Whats with the internet cap-100GB/ month?

Recently switched from century link to cox as my ISP as for some reason century link was not able to stream netflix even at high speeds. I have a 5mbps connection with cox and got an email saying I exceeded my 100gb limit. I don't remember being told about this when I was signing up with them and s...
by EnjoyIt
Mon Apr 14, 2014 12:18 pm
Forum: Personal Consumer Issues
Topic: suggestion for awd luxury sedan
Replies: 44
Views: 6617

Re: suggestion for awd luxury sedan

I have 2 Audi's one is a 2003 A6 which I still love, the other is a 2013 S5 I have no Issues with the S5 the car is just a dream to drive. As for the A6, here is my maintenance list. normal wear and tear (oil, brakes, timing belt, tires) Up in the northeast where there was a lot of salt I rusted out...
by EnjoyIt
Tue Apr 08, 2014 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: Why pay off your house?
Replies: 119
Views: 11635

Re: Why pay off your house?

So here is the answer I think. If you have enough cash in an emergency fund, and the value of your home is not a huge percentage of your wealth, then paying off that low interest rate mortgage may be a good idea even financially as you don't need to take on unecessary risk. If you don't have much of...
by EnjoyIt
Tue Apr 08, 2014 12:38 am
Forum: Personal Consumer Issues
Topic: Expensive med. test not covered by insurance
Replies: 81
Views: 11307

Re: Expensive med. test not covered by insurance

Look up the cost of this test on snaphealth.com
I'm curious what it would cost out of pocket in the free market.
by EnjoyIt
Mon Apr 07, 2014 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: Why pay off your house?
Replies: 119
Views: 11635

Re: Why pay off your house?

Most people who have extra cash either spend it or let it sit in the bank. If those are your options, paying off low interest rate debt is a good idea even financially
by EnjoyIt
Mon Apr 07, 2014 1:33 am
Forum: Investing - Help with Personal Investments
Topic: Why pay off your house?
Replies: 119
Views: 11635

Re: Why pay off your house?

Here is a scenario: You live well below your means and put away enough money for an early retirement by maxing out all tax advantaged accounts as well as adding a good some of money to a taxable account. But since you live so well below your means you still have extra cash accumulating. What do you ...
by EnjoyIt
Sun Apr 06, 2014 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Financial question about a Doctor’s Visit
Replies: 77
Views: 6456

Re: Financial question about a Doctor’s Visit

As an alternative, you could contact the lab, explain the situation, and offer to pay them the amount an insurer would normally pay. They know very well that their bill is 'inflated' and that the overwhelming majority of people don't pay close to that amount (due to insurance discounts). It is not ...
by EnjoyIt
Sat Apr 05, 2014 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: business tax
Replies: 10
Views: 843

Re: business tax

SeattleCPA: I believe that book may be too out of my reach. I guess I am looking for something in between Business Tax for Dummies and your BNA book. Also, you being a CPA, may I ask you; is it common for some CPAs to delay to a point when stress kicks in and you are forced to rely on their experti...
by EnjoyIt
Sat Apr 05, 2014 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: [Leasing a] business vehicle
Replies: 10
Views: 1555

Re: [Leasing a] business vehicle

actually a $60K-$80K car will not even come close to $0 in 10 years is actually depreciated to $30K.

You get the best bang for your buck in the first and second year. By year 4 you only get about $1,800 per year
by EnjoyIt
Sat Apr 05, 2014 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: Why pay off your house?
Replies: 119
Views: 11635

Re: Why pay off your house?

Another option is if you are currenlty not sure, double your payments for 1 year and see how you feel about it. This way you are decreasing the length of your loan, but not dropping everything all at once. dollar cost averaging your loan so to speak. Over the coarse of the year, you can decide if th...
by EnjoyIt
Fri Apr 04, 2014 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: business tax
Replies: 10
Views: 843

Re: business tax

Although the publications are easy reading, the material is not designed to give you the best tax efficiency. For example, I am still unsure what is strategically the most cost effective way to buy/lease a business vehicle. I think buying it in cash, taking depreciation, and then selling it to a thi...
by EnjoyIt
Fri Apr 04, 2014 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Delete
Replies: 11
Views: 1016

Re: Term Life Insurance - Young Couple in 20's

$6K for a few minutes of time seems worth it, no?

I had no idea you can decrease your plan over time. which can theoretically accomplish the same thing, so definitely good to know.
by EnjoyIt
Fri Apr 04, 2014 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Delete
Replies: 11
Views: 1016

Re: Term Life Insurance - Young Couple in 20's

I am a big believer in laddering. As your portfolio grows, you need less and less insurance as you can self insure at some point in your life. Also, as your loans are paid off, your fixed expenses decrease. Then your kids are out of college, out of the house and not a financial burden :) This will a...
by EnjoyIt
Fri Apr 04, 2014 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: business tax
Replies: 10
Views: 843

Re: business tax

Ralph, I believe that is good advice, but to be honest, I am having a hard time finding a trustworthy CPA that is also timely. The last one I had got me into two late fees. The current one I have tried to set me up with whole life insurance, cost me $500 in a penalty for not paying enough to the IRS...
by EnjoyIt
Fri Apr 04, 2014 11:29 am
Forum: Investing - Help with Personal Investments
Topic: 2 Vanguard questions and 1 ETF
Replies: 4
Views: 524

Re: 2 Vanguard questions and 1 ETF

Stan and Livesoft, 1. I suspect you do not have a Vanguard BS account right now because if you had such an account, I think you would see that you could have money market fund (account) as the settlement account and it could have a balance of $0.00. My spouse has a VBS account with a balance of $0.0...
by EnjoyIt
Fri Apr 04, 2014 10:38 am
Forum: Personal Finance (Not Investing)
Topic: business tax
Replies: 10
Views: 843

Re: business tax

OAG wrote:IRS Pub 334?
Although the IRS Publications are readily available, I find them not the easiest reading material. I was hoping some fine person decided to write a book to explain everything in a simpler english. Thanks,

-Beck
by EnjoyIt
Fri Apr 04, 2014 10:35 am
Forum: Investing - Help with Personal Investments
Topic: 2 Vanguard questions and 1 ETF
Replies: 4
Views: 524

2 Vanguard questions and 1 ETF

I have two questions for the masses. 1) Vanguard states unless I have a money market account in my taxable brokerage account, I must DRIP (dividend reinvestment plan) my funds there. They say the minimum in money market is $3,000. The question I have, is it worth having $3,000 money market account t...
by EnjoyIt
Fri Apr 04, 2014 10:02 am
Forum: Personal Finance (Not Investing)
Topic: business tax
Replies: 10
Views: 843

business tax

Bogleheads, Do any of you have advice on a good book regarding doing your own business taxes? I am a sole proprietor with a PLLC and a C-corp. To my understanding there have been some recent tax code changes for 2013 therefor I assume the book would have to be atleast a 2013 edition. Thanks in advan...
by EnjoyIt
Thu Apr 03, 2014 12:51 am
Forum: Personal Finance (Not Investing)
Topic: 403b / 401k / ?
Replies: 2
Views: 403

Re: 403b / 401k / ?

bumpy bump please
by EnjoyIt
Tue Apr 01, 2014 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: 403b / 401k / ?
Replies: 2
Views: 403

403b / 401k / ?

I have a question a friend of mine asked me and I am not sure what the correct answer is. Some history about my friend. He is married, with non employed wife and 3 kids. AGI $320K. He is changing jobs in August. His old job offers a 403b, while his new job offers a 401K after 1 year employment. What...
by EnjoyIt
Sun Mar 30, 2014 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: [Leasing a] business vehicle
Replies: 10
Views: 1555

Re: [Leasing a] business vehicle

You can deduct 100% of the lease payment provided that the vehicle is used 100% for business purposes. Helps to have multiple cars and use one, the nicest and most fun, as your business vehicle. You can also deduct the insurance, gas, maintenance, repairs etc. You also should keep a mileage log to ...
by EnjoyIt
Sun Mar 30, 2014 1:05 pm
Forum: Investing - Theory, News & General
Topic: retired at 37?
Replies: 52
Views: 6630

Re: retired at 37?

It is very possible. putting away 50K over 15 years at 8% leaves you with ~$1,428,000. At a 4% withdrawal rate will give you ~$57,000/year to live off of. If he states he made 100K/yr invested 50K/yr, he should be able to live of his returns after 15 years.
by EnjoyIt
Fri Mar 28, 2014 10:10 pm
Forum: Personal Finance (Not Investing)
Topic: [Leasing a] business vehicle
Replies: 10
Views: 1555

Re: business vehicle

Extreme example: So it it really possible to lease a $200,000 car and deduct ~$4K a month? Is that really legal? Sounds similar to the real life case I quoted, where a rep firm owner leased a BMW at $10k a month with a $1 buyout. He wrote off the lease under his business and bought the car personal...
by EnjoyIt
Fri Mar 28, 2014 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: [Leasing a] business vehicle
Replies: 10
Views: 1555

Re: business vehicle

Extreme example:
So it it really possible to lease a $200,000 car and deduct ~$4K a month? Is that really legal?
by EnjoyIt
Thu Mar 27, 2014 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Buy Term Life Now or Wait
Replies: 17
Views: 3877

Re: Buy Term Life Now or Wait

Insurance is useless for you when you are dead. Will it help your spouse? Do you want it to help your spouse? If the answers are yes, then get life insurance for no more than what you think you will need. Although you did not ask, I think more important than life insurance is disability insurance be...
by EnjoyIt
Thu Mar 27, 2014 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: [Leasing a] business vehicle
Replies: 10
Views: 1555

[Leasing a] business vehicle

I keep seeing people who own their own business say that it is better to lease as 100% of the lease payment can be written off as a business expense and is tax deductible. Although when reviewing the IRS rules I see nothing of the sort. If the car is under 6000lbs you can either deduct millage or de...
by EnjoyIt
Thu Mar 27, 2014 12:35 pm
Forum: Personal Consumer Issues
Topic: Investing in Physical as well as Financial Health
Replies: 39
Views: 3570

Re: Investing in Physical as well as Financial Health

One of the biggest issues with running is most of the time it's done on concrete. Running on grass while toe striking will greatly reduce impact and injury. Biking, jump roping and swimming are great cardiovascular substitutes with low impact. I wish the best of luck with your physical health! +1 T...
by EnjoyIt
Thu Mar 27, 2014 12:27 pm
Forum: Investing - Theory, News & General
Topic: Why does a Boglehead move to an adviser at 1.25% AUM?
Replies: 63
Views: 6701

Re: Why does a Boglehead move to an adviser at 1.25% AUM?

If you have a real concern for your friend, send him a message stating: "Here are some facts I looked into for you. After today I will never bring up this topic again" And then lay out some of the things described in this thread. After that he can make whatever decision he wants to and leave it at t...
by EnjoyIt
Thu Mar 27, 2014 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Savers remorse ?
Replies: 91
Views: 14230

Re: Savers remorse ?

I see it like this. I have decided how much money I need to save each month/year to meet my goals and slightly exceed my goals with conservative expectations. Everything left over is to enjoy life today. If I am lucky and have been too conservative I will get to retire early. I still try not to wast...
by EnjoyIt
Sun Mar 23, 2014 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Have extra cash: Should I pay off the HOUSE or INVEST it?
Replies: 31
Views: 4098

Re: Have extra cash: Should I pay off the HOUSE or INVEST it

And the loss in investment gains by having a 15 years mortgage instead of a 30 year on is also substantial. Some people like to pass up 100k in gains to avoid paying 50k in interest.:) Not paying it is off is higher risk, higher reward. The odds of not getting a net 4% out of the market over 10-15 ...
by EnjoyIt
Sun Mar 23, 2014 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: Have extra cash: Should I pay off the HOUSE or INVEST it?
Replies: 31
Views: 4098

Re: Have extra cash: Should I pay off the HOUSE or INVEST it

It is all about psychology vs mathematics. Each has its pros and cons, but neither is a huge winner or loser. I am in the same boat with 2.75% school loans and 2.75% mortgage. Today I find I can comfortably pay double on my school loans while maximizing my retirement. I get benefits from both math a...
by EnjoyIt
Sun Mar 23, 2014 2:06 pm
Forum: Investing - Theory, News & General
Topic: Faulty Logic [Asset Allocation nearing Retirement]
Replies: 24
Views: 2724

Re: Faulty Logic

I don't think it is faulty logic at all especially if you are really planning on retiring soon. What does your investment policy statement say?

Me personally if I was 54 I would probably be closer to 55/45 or 50/50 especially if I was close to retiring
by EnjoyIt
Sat Mar 22, 2014 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: You can lead a horse to water... [Giving financial advice]
Replies: 50
Views: 7067

Re: You can lead a horse to water... [Giving financial advic

They are both close to 60 y/o. Other than a proper budget is there anything that can actually be done at this point?

good luck as I completely empathize with you.
by EnjoyIt
Sat Mar 22, 2014 3:08 pm
Forum: Personal Finance (Not Investing)
Topic: Options for the medical grad but no residency
Replies: 98
Views: 15149

Re: Options for the medical grad but no residency

I think the problem with urgent care is that 9-5 are not the typical hours. Those places make their money weekends and 5-10. Also, urgent care facilities are run by nurse practitioners or physician assistants. Free standing ERs are run by doctors either family practice, internal medicine or emergen...
by EnjoyIt
Sat Mar 22, 2014 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Aargh, investing!!
Replies: 79
Views: 10508

Re: Aargh, investing!!

Hojo, I will add only one piece of advice. There is no rush to do this. Although you may feel pressured to do something immediately, you actually don't. You have years and years of investing ahead of you. Take your time, over the next few months, learn as much as you could, set up your IPS, save up ...
by EnjoyIt
Sat Mar 22, 2014 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Have extra cash: Should I pay off the HOUSE or INVEST it?
Replies: 31
Views: 4098

Re: Have extra cash: Should I pay off the HOUSE or INVEST it

regarding AA, You say currently you are 85/15. I find that a little scary for my own tastes. Your risk tolerance may be better than mine though. I am currently 37 and am 70/30 thinking about starting to swing to 60/40 due to me being closer to my goals, less need to take risk, as well as price to va...
by EnjoyIt
Sat Mar 22, 2014 1:48 pm
Forum: Personal Consumer Issues
Topic: Frugality regret: What thing do you regret not spending on?
Replies: 176
Views: 37450

Re: Frugality regret: What thing do you regret not spending

I truly believe spending money on experiences and saving on not spending on useless baubles and trinkets. If it is a product I use regularly and get enjoyment on it, then it is well spend (ie: Media room.) My only spending regret is not traveling more when I was still in school. Although it would ha...