Search found 287 matches

by Nukeboilermaker
Fri Jun 15, 2012 4:53 am
Forum: Personal Consumer Issues
Topic: DIY Home Improvement Economics
Replies: 12
Views: 2074

Re: DIY Home Improvement Economics

Hey, I am kind of in the same boat, however my schedule is not as nice as yours! I literally just started my vacation as I am going to remove carpet and replace it with Strand Bamboo, Paint my white walls, and then put new baseboard and trim. I don't have a power washer, but my deck really needs to ...
by Nukeboilermaker
Mon May 28, 2012 7:08 am
Forum: Personal Consumer Issues
Topic: Gutters
Replies: 36
Views: 3406

Re: Gutters

I have open gutters, but use a Craftsman shop-vac attachment when they need cleaned. No ladders are required, I can stand on the ground and quickly have perfectly clean gutters. It seems that even the no clog gutters do need at least occasional cleaning, depending on your tree species. I am shoppin...
by Nukeboilermaker
Sun May 27, 2012 5:43 pm
Forum: Personal Finance (Not Investing)
Topic: Should we move to a small college town?
Replies: 14
Views: 1856

Re: Should we move to a small college town?

I'm curious about any experiences Bogleheads might have moving from a city to a small town well before retirement. We're in our 30s with a young child and are thinking about moving to a small college town with great schools and amenities (parks, kids' activities, entertainment, restaurants, shops)....
by Nukeboilermaker
Fri May 25, 2012 6:06 am
Forum: Personal Consumer Issues
Topic: Weber Grill and Consumer Reports
Replies: 44
Views: 8009

Re: Weber Grill and Consumer Reports

I would recommend shelling out a little extra dough and move up to ceramic grills. I have a Primo XL. Big Green Egg, and Kamodo Joe are also popular brands. Ceramics give that classic BBQ flavor and keep food far more moist, I light the natural lump charcoal with a torch in just a few minutes. I was...
by Nukeboilermaker
Thu May 24, 2012 5:49 am
Forum: Investing - Help with Personal Investments
Topic: Emergency fund never feels large enough
Replies: 33
Views: 4637

Re: Emergency fund never feels large enough

Trademil, It agree the previous posts all have a great deal of good info. As a fellow 25 year old I can partially relate. However, I also realized that emergency funds are very personal. They are personal in the sense that everyone has their own risk tolerance, job risk, debt risk, etc. Might I also...
by Nukeboilermaker
Mon May 21, 2012 7:18 pm
Forum: Personal Consumer Issues
Topic: Mattress and Bed Set
Replies: 5
Views: 679

Re: Mattress and Bed Set

Nope, I asked that too both salesman. The mattress is all ready on clearance and the credit from our last purchase put it way below. I have decided I am just going to leave the mattress on the card for probably a couple months and then pay it off and also shop around and save for the bedroom furnitu...
by Nukeboilermaker
Mon May 21, 2012 6:00 pm
Forum: Personal Consumer Issues
Topic: Mattress and Bed Set
Replies: 5
Views: 679

Re: Mattress and Bed Set

Personally, I would only use 0% financing purely to save a little extra; I would not use it to purchase something I did not yet have the cash for (on top of e-fund). Others may feel different, but I think monthly payments can just be a way of hiding the true cost from your psyche...it can be a slip...
by Nukeboilermaker
Mon May 21, 2012 5:48 pm
Forum: Personal Consumer Issues
Topic: Mattress and Bed Set
Replies: 5
Views: 679

Mattress and Bed Set

All, Just curious as to what you all think on a consumer purchase. Our mattress we purchased from Denver Mattress 3 years ago has gotten very uncomfortable for both myself and my wife. We happen to be in the area of their store earlier and stopped in to inquire about the warranty, and the manager (s...
by Nukeboilermaker
Sun May 20, 2012 10:21 pm
Forum: Personal Finance (Not Investing)
Topic: Home purchase advice for a couple nearing Retirement
Replies: 21
Views: 1686

Re: Home purchase advice for a couple nearing Retirement

P.S. I would review Dave Ramsey's philosophy on budgeting and living within your means There is also a TV show called 'Til Debt Do Us Part that deals advising couples on how to set up a budget and how to get out from under massive credit card debt. The first thing the host usually does is hide the ...
by Nukeboilermaker
Sun May 20, 2012 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: Yet Again: How much emergency funds do I need?
Replies: 18
Views: 2394

Re: Yet Again: How much emergency funds do I need?

Paying off loans to free up cash flow is a good plan! You can try and add maybe $100 a month to the efund. I still suggest that you look into the future and determine if any big expenses that you should start setting money aside from.
by Nukeboilermaker
Sun May 20, 2012 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Yet Again: How much emergency funds do I need?
Replies: 18
Views: 2394

Re: Yet Again: How much emergency funds do I need?

I would always suggest a minimum of 3 months, but it really depends on how much debt and monthly expenses you have. Two more equally important aspects are your personal comfort levels on emergency funds and the second is your level of job security (also if your expenses can be covered by a single in...
by Nukeboilermaker
Sun May 20, 2012 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Home purchase advice for a couple nearing Retirement
Replies: 21
Views: 1686

Re: Home purchase advice for a couple nearing Retirement

Thanks for all the suggestions. It is really putting things into perspective. Best of luck mi Amigo! I would certainly discuss the thought process with your spouse/partner and make sure you both understand your semi near retirement future options and come to a consensus. It takes a lot gusto to hav...
by Nukeboilermaker
Sun May 20, 2012 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Home purchase advice for a couple nearing Retirement
Replies: 21
Views: 1686

Re: Home purchase advice for a couple nearing Retirement

Hello All, PLEASE HELP: I'm looking for some constructive advice/critiquing regarding a home purchase for a couple nearing retirement . The Scoop: His/Her (62 YO) Annual Income: ~$80k (have not filed for SS yet, looking to wait until 65), will work as long as possible before taking SS. Expecting ~$...
by Nukeboilermaker
Sat May 19, 2012 11:49 am
Forum: Personal Consumer Issues
Topic: Cross Country Relocation
Replies: 8
Views: 1238

Re: Cross Country Relocation

Also, if you can provide some cold drinks and maybe some chips and sandwiches it will go a long way toward them doing a good job. Tell them they may use the bathrooms if needed. The movers will work harder, and be more careful with your stuff if you treat them well. I do this anytime someone any ex...
by Nukeboilermaker
Sat May 19, 2012 11:37 am
Forum: Investing - Help with Personal Investments
Topic: My Rebalance needs a Rebalance
Replies: 15
Views: 977

Re: My Rebalance needs a Rebalance

Keep in mind, just because it's a 401(k) doesn't mean that there are no frequent trader restrictions. You should make sure you know what those restrictions are. This is true, however a rebalance approximately a month ago and another one in the semi-near future likely wouldn't hit the restriction. I...
by Nukeboilermaker
Sat May 19, 2012 11:30 am
Forum: Investing - Help with Personal Investments
Topic: My Rebalance needs a Rebalance
Replies: 15
Views: 977

Re: My Rebalance needs a Rebalance

I would just do a rebalance/maintain your AA since this is a 401k. Then if the market gets worse or self corrects you rebalance again. The point of rebalancing is to maintain your desired risk allocation and use that predetermined setting to take advantage of essentially selling high, and buying low...
by Nukeboilermaker
Fri May 18, 2012 12:14 am
Forum: Personal Consumer Issues
Topic: visiting Nashville TN - any advice
Replies: 21
Views: 1879

Re: visiting Nashville TN - any advice

rec7 wrote:Go see Dave Ramsey do his talk show he is great.
I want to go visit Nashville and do a 1 year after debt free update on how much one can accumulate living within their means.
by Nukeboilermaker
Mon May 14, 2012 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: Student loan vs. mortgage pmt
Replies: 6
Views: 792

Re: Student loan vs. mortgage pmt

I would with out any hesitation pay off your student loans, any other debt, then save for an emergency fund... then you can decide if a home purchase is in your cards. Hopefully you will have had a few raises by then and maybe in a long term relationship which means a home you buy now will likely no...
by Nukeboilermaker
Mon May 14, 2012 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Newly Engaged! Looking for wedding budgeting advice
Replies: 14
Views: 2033

Re: Newly Engaged! Looking for wedding budgeting advice

1) Determine how many guests you want (this = X)
2) Budget= (X*$100)+$50
3) Then take the budget and buy booze and 1 bag of pretzels. Don't worry I have everything accounted for... the $50 is for Red Solo Cups

:beer + :sharebeer = :D
by Nukeboilermaker
Sun May 13, 2012 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Help with pension options
Replies: 5
Views: 654

Re: Help with pension options

If you were to take the 3k how much of that would be transferrable if you were to die sooner than expected?
by Nukeboilermaker
Sun May 13, 2012 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: 23 year old who just inherited 13,000 from grandpa.
Replies: 14
Views: 2438

Re: 23 year old who just inherited 13,000 from grandpa.

Welcome to the forum and sorry on the passing of your grandpa. As mentioned by John only Earned income is eligible to be placed in an IRA. However this forum does cover personal finances as well, currently how much cash savings do you have? How much debt? Do you plan on having any major purchases in...
by Nukeboilermaker
Sun May 13, 2012 7:26 am
Forum: Investing - Help with Personal Investments
Topic: IBM stock -- employee discount
Replies: 30
Views: 4463

Re: IBM stock -- employee discount

I hope that 22k 401k contribution is including the employer match :confused
by Nukeboilermaker
Sat May 12, 2012 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Poll: Have you bought Life insurance?
Replies: 63
Views: 4168

Re: Poll: Have you bought Life insurance?

I have not purchased any additional coverage besides through work. I do plan on purchasing Term Life Insurance and setting up a simple will in the near future now that I have accumulated assets. I'm married, both of us are 25 and plan on starting a family soon.
by Nukeboilermaker
Sat May 12, 2012 6:53 pm
Forum: Personal Consumer Issues
Topic: New Civic or Corolla or Elantra.
Replies: 50
Views: 6291

Re: New Civic or Corolla or Elantra.

I can't hold too much value due to the new sky active platform.. But I have a 2008 mazda3 hatch that is going to break 100k miles by the end of the summer. The car has held up like a champ, been very happy with it. I had a Camry prior to this car. I bought my wife a 07 civic which she loves. She bas...
by Nukeboilermaker
Sat May 12, 2012 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loans, Mortgages, and Retirement
Replies: 35
Views: 3131

Re: Student Loans, Mortgages, and Retirement

I'm not really advocating withdrawing from the Roth. A stronger argument for keeping it is liquidity. It's a good emergency fund for you. With that buffer, you might run leaner on your taxable emergency fund. So Bob do you suggest that since his interest rates are so high this may actually be a sce...
by Nukeboilermaker
Sat May 12, 2012 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loans, Mortgages, and Retirement
Replies: 35
Views: 3131

Re: Student Loans, Mortgages, and Retirement

I disagree with other posters' arguments on withdrawing from your Roth IRA. Borrowing at 7.9% to keep money in your Roth doesn't make sense (but getting the employer match in your 401k does, which you've already figured out). You're a long way from being short on tax-advantaged space, so you can re...
by Nukeboilermaker
Sat May 12, 2012 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Student Loans, Mortgages, and Retirement
Replies: 35
Views: 3131

Re: Student Loans, Mortgages, and Retirement

Jimbo, I would suggest NOT raiding your ROTH. In my opinion this is a last resort as a super emergency fund. I would suggest not doing any further investing with MAYBE the exception of up to employer match 401k. Basically you put every cent towards loans, this will reduce your risk, increase cash fl...
by Nukeboilermaker
Sat May 12, 2012 8:22 am
Forum: Personal Consumer Issues
Topic: Learner vehicle for a 16-year old boy
Replies: 158
Views: 7750

Re: Learner vehicle for a 16-year old boy

Since I have a chance to review this entire thread, I would certainly recommend a used Subaru Impreza 5 door. If you really want to give him a treat you can upgrade it to a WRX model. With my long backroad commutes to work and the potentially harsh winters In IL I look at getting a used Subaru in a ...
by Nukeboilermaker
Sat May 12, 2012 6:07 am
Forum: Personal Finance (Not Investing)
Topic: Student Loans, Mortgages, and Retirement
Replies: 35
Views: 3131

Re: Student Loans, Mortgages, and Retirement

The OP does not own a home, he is just using two mortgage options to give a more accurate hypothetical scenario if he were to buy a home.
by Nukeboilermaker
Sat May 12, 2012 4:12 am
Forum: Personal Finance (Not Investing)
Topic: Student Loans, Mortgages, and Retirement
Replies: 35
Views: 3131

Re: Student Loans, Mortgages, and Retirement

If I were you I'd keep renting and I wouldn't entertain the idea of buying a house until you can reduce your debt burden significantly. You have good income but you also have significant debts and plans to have your spouse out of the workforce. You aren't contributing all that aggressively to retir...
by Nukeboilermaker
Sat May 12, 2012 3:54 am
Forum: Investing - Theory, News & General
Topic: Ric Edelman TV show
Replies: 29
Views: 3553

Re: Ric Edelman TV show

I have not heard of this guy until now, I was shocked as I was reading that link from his site. He makes so many assumptions that leave people very leveraged. I personally believe the personal finance theory he describes is exactly the same thinking that got many people behind the 8 ball when the hi...
by Nukeboilermaker
Fri May 11, 2012 5:26 pm
Forum: Personal Consumer Issues
Topic: Learner vehicle for a 16-year old boy
Replies: 158
Views: 7750

Re: Learner vehicle for a 16-year old boy

I would agree with many poster, my first car was a 1992 Camry. I drove that car through college until a guy's truck parked next to mine caught fire and totaled my car. I played football and lacrosse and loved how the car could carry all of my gear and a few friends. This car was super reliable and n...
by Nukeboilermaker
Thu May 10, 2012 5:16 pm
Forum: Investing - Theory, News & General
Topic: 49% of Americans saving zilch for retirement
Replies: 44
Views: 5259

Re: 49% of Americans saving zilch for retirement

I'm 25, a college graduate, working full time. Because I plan and put a lot of time and effort into my personal finances I am debt free but a mortgage and max out a 401k and IRAs. I know many other people who make reasonable money and simply CHOOSE to not forfeight increased spending and lifestyle. ...
by Nukeboilermaker
Mon May 07, 2012 4:30 am
Forum: Investing - Help with Personal Investments
Topic: Are 20 somethings handicapped bc of inflation and little SS?
Replies: 162
Views: 13475

Re: Are 20 somethings handicapped bc of inflation and little

I am 25 with a good stable career with lots of growth potential and all ready earning a respectable wage. That being said, I realized like you that if I wanted to enjoy and do things later in life without having that feeling in the back of my mind "that I really can't afford it or then worrying abou...
by Nukeboilermaker
Sun May 06, 2012 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: In debt--Need Help --
Replies: 39
Views: 4279

Re: In debt--Need Help --

1) Realize you determine your financial success or shortcomings. Your post shows that you are recognizing a problem, but you have to be disgusted enough to make the sacrifices to reverse the trend. 2) Develope a plan, write it down and EXECUTE the plan 3) If you are having such a difficult time with...
by Nukeboilermaker
Fri May 04, 2012 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Average wedding = 25k?
Replies: 110
Views: 9864

Re: Average wedding = 25k?

My wife and I cash flowed our wedding and paid for EVERYTHING except travel costs. For our wedding we bought: -Cake -Alcohol -More Alcohol -Food -7000 sqft 12 bedroom Cabin in the Smokies for 4 days/ 3 nights - Miscellaneous items Then of course all of our Honeymoon costs (which was all most a week ...
by Nukeboilermaker
Wed May 02, 2012 6:07 pm
Forum: Investing - Theory, News & General
Topic: Riddle me this... [spending anxiety]
Replies: 17
Views: 1750

Re: Riddle me this...

- You think you can control your family but not the market. - You think that the market will recover, but the spent money are lost forever. - Allowing family overspending sets a precedent; in contrast, the market does not care about precedents. Victoria This was exactly my first thought, I personal...
by Nukeboilermaker
Tue May 01, 2012 9:02 pm
Forum: Investing - Theory, News & General
Topic: Riddle me this... [spending anxiety]
Replies: 17
Views: 1750

Re: Riddle me this...

- You think you can control your family but not the market. - You think that the market will recover, but the spent money are lost forever. - Allowing family overspending sets a precedent; in contrast, the market does not care about precedents. Victoria This was exactly my first thought, I personal...
by Nukeboilermaker
Sat Apr 28, 2012 8:36 am
Forum: Personal Finance (Not Investing)
Topic: If you had 1 week to make $1,000
Replies: 59
Views: 5496

Re: If you had 1 week to make $1,000

I would work an OT day at work... However since you mention outside of the normal job... I could spend 6 days practicing on my pool table and then go play in a tournament (followed by some cash on table games). I skipped out on my High School dances and won Tounaments each time :). But it would just...
by Nukeboilermaker
Thu Apr 26, 2012 11:15 am
Forum: Personal Consumer Issues
Topic: Window world?
Replies: 18
Views: 6277

Re: Window world?

Thanks for the input all... Hopefully more will comment or get use from the info!
by Nukeboilermaker
Wed Apr 18, 2012 9:29 pm
Forum: Personal Finance (Not Investing)
Topic: Med school at 29 year old, is this a viable plan?
Replies: 89
Views: 7887

Re: Med school at 29 year old, is this a viable plan?

I mean not a lot of people want to switch career once they are a doctor 1) It's a lot harder to switch after racking up $200K in medical school debt (plus whatever undergrad debt) 2) Many doctors DO switch - they work for drug companies, as consultants to lawyers, as reviewers for health insurance ...
by Nukeboilermaker
Wed Apr 18, 2012 6:09 pm
Forum: Personal Finance (Not Investing)
Topic: Med school at 29 year old, is this a viable plan?
Replies: 89
Views: 7887

Re: Med school at 29 year old, is this a viable plan?

I work as a pharmacist. I'd like to think I live below my means. That's why I am able to save as much as I did. I started working at 24 yo, and I was lucky that my parents paid for my education, so I have no student loan debt. I just wish I choose medicine FIRST instead wondering what it would be l...
by Nukeboilermaker
Wed Apr 18, 2012 3:29 pm
Forum: Personal Consumer Issues
Topic: Window world?
Replies: 18
Views: 6277

Re: Window world?

Thanks for the responses so far! I understand this is one of those areas that can vary so much especially since the installation is critical. I am interested in the simple vinyl window and that is what many of the neighboring homes had installed when upgraded. As I mentioned since these are for the ...
by Nukeboilermaker
Wed Apr 18, 2012 10:31 am
Forum: Personal Consumer Issues
Topic: Radon Remediation
Replies: 36
Views: 5622

Re: Radon Remediation

Where I live (Portland, OR area) there's been a push for more awareness of radon gas and its link to lung cancer. Someone down the street lost her husband, a non-smoker, to lung cancer, and she later tested her house to find a really high radon level (~55). http://www.lakeoswegoreview.com/news/stor...
by Nukeboilermaker
Tue Apr 17, 2012 10:47 pm
Forum: Personal Consumer Issues
Topic: Radon Remediation
Replies: 36
Views: 5622

Re: Radon Remediation

This is a good DIY. Radon is a gas and essentially a mitigation system is an exhaust fan that blows out side. If you have a sump pump that area can often have higher amounts. But then again I'm a health physicist by degree and now work at a nuclear power plant... So I'm more educated/desensitized re...
by Nukeboilermaker
Tue Apr 17, 2012 10:42 pm
Forum: Personal Consumer Issues
Topic: Window world?
Replies: 18
Views: 6277

Window world?

All, We are planning to replace the windows (11 of them) in our home sooner than later. We have semi-recently obtained a window world in my area. Can any bogleheads who have used them or have second hand experience comment on their experience? To give more info, our home is a 1977 bilevel worth some...
by Nukeboilermaker
Tue Apr 17, 2012 12:52 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey comes to the Bogle side
Replies: 26
Views: 4006

Re: Dave Ramsey comes to the Bogle side

I am a DR fan. Though he commonly states that his show is based entirely on his opinion, he doesn't claim to be an investing genius. Overall, his message is very positive. I think the bogleheads should actually try and reach out and work with him and who knows... Maybe even convert him. I would have...
by Nukeboilermaker
Sun Apr 15, 2012 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Buying a house in 5 years - what should I do investmentwise?
Replies: 12
Views: 2091

Re: Buying a house in 5 years - what should I do investmentw

FedGuy hit the nail on the head about where to save. I personally don't see any issue about using some funds from your taxable investments towards this purchase. I would strongly suggest evaluating how much you want in a "Mortgage" (Principal/Interest/Taxes/Insurance), the latter two can really add ...
by Nukeboilermaker
Sat Apr 14, 2012 9:47 pm
Forum: Personal Consumer Issues
Topic: Where do we bogleheads Splurge?!
Replies: 138
Views: 12230

Re: Where do we bogleheads Splurge?!

RenoJay wrote:For my 40th birthday present to myself, I bought a $5,000 zero-gravity flight out of Vegas. (Of course, I waited for a coupon, so I paid $4,000.) :happy
Were you on TV when you did this?
by Nukeboilermaker
Tue Apr 10, 2012 7:16 pm
Forum: Investing - Help with Personal Investments
Topic: Best Way to Save for Next House
Replies: 16
Views: 2038

Re: Best Way to Save for Next House

Interesting point of view, Nukeboilermaker. I see what you're saying and have put a lot of extra money the past years into paying down my mortgage. Though, only to see the house prices decrease at a regular rate. Hard to know when we'll ever catch up. JeffX - if you don't mind me asking, where did ...