Search found 895 matches

by renue74
Mon Jun 19, 2017 4:35 pm
Forum: Investing - Help with Personal Investments
Topic: Mid-40's, single parent, "retired", $1.6M portfolio, investment advice sought.
Replies: 50
Views: 8619

Re: Mid-40's, single parent, "retired", $1.6M portfolio, investment advice sought.

The exception? In retrospect, I probably should not have encouraged her to switch to Vanguard. There are limits to Boglehead-ism, I suppose, even here. Her paying $16,000 per year in advisory fees might have been preferred vs. something going wrong due to my advice and it ruining our friendship, et...
by renue74
Sat Jun 17, 2017 7:54 pm
Forum: Personal Consumer Issues
Topic: Deck needs replaced, what should I get?
Replies: 17
Views: 1778

Re: Deck needs replaced, what should I get?

Cheap replacement should be fine. When you sell it, your realtor can call it a "new deck."

Deck surfaces seem to be a really personal choice. As long as you have a good solid new deck base, the buyers could change the deck in the future. No need for you to spend too much.
by renue74
Thu Jun 15, 2017 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on starting a second business
Replies: 5
Views: 695

Re: Advice on starting a second business

When it comes to closely-held corporations and retirement plans or other benefits, you have to research the "controlled group" rules. The fact that they are separate corporations is irrelevant in these situations. The rules are a bit confusing, especially the "family attribution" aspects, but essen...
by renue74
Thu Jun 15, 2017 6:15 pm
Forum: Personal Consumer Issues
Topic: New Roof
Replies: 5
Views: 914

Re: New Roof

Make sure flashing around chimney and roof valleys (where two roof angles intersect) are good. Make sure there is a drip edge under the 1st course of shingles at the starting row. Some cities require roof permitting and an inspector comes out to make sure it's done right. (In my southern town, the c...
by renue74
Thu Jun 15, 2017 7:04 am
Forum: Investing - Help with Personal Investments
Topic: Mid-40's, single parent, "retired", $1.6M portfolio, investment advice sought.
Replies: 50
Views: 8619

Re: Mid-40's, single parent, "retired", $1.6M portfolio, investment advice sought.

I find it difficult to believe anybody in their 40s could have a possible "difficult" time securing employment in some shape or form, unless there's a disability involved. The drive to search out employment may not be there, but I can only make assumptions. My mother, who worked in textiles in the s...
by renue74
Wed Jun 14, 2017 1:50 pm
Forum: Personal Consumer Issues
Topic: Multi-page scanner?
Replies: 26
Views: 2106

Re: Multi-page scanner?

I'm going to throw this out there....but Dropbox has a really cool nifty new feature that will scan any document and save to your dropbox folder. I was skeptical, but I've used it a few times and the scan is perfect. BTW...I have the Fujitsu scanner at my office and absolutely LOVE it. I've had it f...
by renue74
Wed Jun 14, 2017 10:53 am
Forum: Investing - Help with Personal Investments
Topic: AA drifting away from soft target - are you all rebalancing?
Replies: 19
Views: 1276

Re: AA drifting away from soft target - are you all rebalancing?

I just posted about rebalancing yesterday here with a question. I'm in need to a rebalance as well. One thing to note is that dividends are coming up in the next 2 weeks. If you are considering rebalancing, you may want to make sure your dividend distributions are set to go into your settlement acco...
by renue74
Wed Jun 14, 2017 8:31 am
Forum: Investing - Theory, News & General
Topic: What growth rate for your projection calcs?
Replies: 31
Views: 3151

Re: What growth rate for your projection calcs?

I use 3.5% and then change my numbers to 4% and 5% just to see the "what if" I'm 12-14 years out...so the numbers are still really fluid.
by renue74
Tue Jun 13, 2017 5:15 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing and Taxable Account
Replies: 15
Views: 1134

Re: Rebalancing and Taxable Account

My breakdown: Emergency funds: 12 months of expenses (Not part of my portfolio) [Debt: $57,000 mortgage @ 3.5% (Should be able to pay off our mortgage in 3-4 years) Tax Filing Status: MFJ Tax Rate:25% Federal, 7% State State of Residence: SC Age 43, Wife: 47 Income: $150K (small business owner, wife...
by renue74
Tue Jun 13, 2017 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing and Taxable Account
Replies: 15
Views: 1134

Re: Rebalancing and Taxable Account

In 2016, I had $11K in TLH, but YTD in my taxable fund I've had $13K of realized LTCG...so my TLH scoreboard is back down to pretty much zero.

We have about $200K in stock funds in our Roth IRAs that I could use to adjust, but I've tried to keep our Roth's mostly stock funds.
by renue74
Tue Jun 13, 2017 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing and Taxable Account
Replies: 15
Views: 1134

Re: Rebalancing and Taxable Account

2.) Should I bite the bullet and reallocate in my taxable account? What have you been doing with the dividends in the taxable account? They help knock down the value of equity funds by 2% to 3% every year, so could go into tax-exempt bond funds in taxable or they can be spent. The June dividends wi...
by renue74
Tue Jun 13, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Rebalancing and Taxable Account
Replies: 15
Views: 1134

Rebalancing and Taxable Account

Over the past 2 years, I've made large changes to our portfolio. Moved away from FA, 99% of tax deferred accounts are now bond space and about 20% of our Roth accounts are bonds. The rest (75% of total portfolio) is a taxable account. My target AA is 65/35. (I'm 43 and would like to retire in 12-14 ...
by renue74
Mon Jun 12, 2017 8:22 pm
Forum: Personal Consumer Issues
Topic: Highlander vs. Pilot
Replies: 30
Views: 4173

Re: Highlander vs. Pilot

I have a 2005 Honda Pilot EX. (So not too terribly helpful for newer Pilots) Power everything, leather seats, etc. I bought it used from the 1st owner about 3 years ago with 50k miles on it. I'm pretty hard on cars and not a "car person." I haul tons of stuff in the back. (I have rental houses and d...
by renue74
Sun Jun 11, 2017 7:50 pm
Forum: Personal Consumer Issues
Topic: Vue/Sling tv users--what do you miss?
Replies: 43
Views: 3308

Re: Vue/Sling tv users--what do you miss?

I had had VUE for about one year. We were paying $160 month to direct TV.....never again.

I found our viewing habits changed to fit what was supplied on vue.

We actually get our local market CBS channel in our vue package. We still watch it a lot.
by renue74
Fri Jun 09, 2017 9:17 am
Forum: Personal Consumer Issues
Topic: AAA Cost
Replies: 85
Views: 7981

Re: AAA Cost

AAA Basic = $37 for wife and me We go through years of not renewing and then I decided to renew just this month with the "best offer yet," letters they send out. But, the rub I will have with them...I know I will, is the offer letter gave us the $37 basic membership and in the benefits it noted unli...
by renue74
Tue Jun 06, 2017 3:36 pm
Forum: Personal Consumer Issues
Topic: Trailer Towing Tidbits? [and epilogue]
Replies: 52
Views: 3579

Re: Trailer Towing Tidbits?

Alos, make sure your rented trailer has a spare tire and you have road side assistance. (Just in case)
by renue74
Tue Jun 06, 2017 2:12 pm
Forum: Personal Consumer Issues
Topic: Home siding thoughts
Replies: 32
Views: 3431

Re: Home siding thoughts

In the southeast, we see a lot of vinyl siding...and yes, the quality is across the board depending on the price points. I hate to say, but your best choice is to google vinyl siding, find some manufacturers and then look for distributors in your area who stock it or can order it. For example Certai...
by renue74
Mon Jun 05, 2017 6:00 pm
Forum: Personal Consumer Issues
Topic: Handyman Vendor contract
Replies: 1
Views: 311

Handyman Vendor contract

From time to time I use handymen, "friends" of my subcontractors, etc. to do work such as hauling construction debris away, minor landscaping (pine needles, remove shrubs), drywall patch work. These guys are not pros. They are just looking for quick cash and for the most part, the ones I've worked w...
by renue74
Sun Jun 04, 2017 6:57 pm
Forum: Personal Finance (Not Investing)
Topic: Please talk me out of a turnkey rental property
Replies: 76
Views: 6680

Re: Please talk me out of a turnkey rental property

I live in the south, where rental property in my town is a feasible investment and own 4 rental properties. I don't bank on appreciation. In my area, you can buy a $40K house and in 10 years it be worth $45K. I do bank on cash flowing properties. Cash flow is king. :) Are you looking for investors ...
by renue74
Sun Jun 04, 2017 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Real estate investing the Boglehead way
Replies: 39
Views: 8704

Re: Real estate investing the Boglehead way

I still don't understand why this forum get's so many "should I 'invest' in real estate as a landlord or use the total market fund?" I take net income from landlording and invest in the market. You know...sorta like I take W2 income from my day job and invest in the market. Yes, there is an opportun...
by renue74
Sun Jun 04, 2017 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Please talk me out of a turnkey rental property
Replies: 76
Views: 6680

Re: Please talk me out of a turnkey rental property

Turnkey has been hot for the last 5 or so years. Memphis, St. Louis, etc. are where all of them popped up because they could buy distressed properties, get cheap labor to fix them, etc. I've never been a big proponent of turnkey because I feel like the turnkey company is the one in the deal making t...
by renue74
Sat Jun 03, 2017 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: "Renting" contractors license
Replies: 7
Views: 1235

Re: "Renting" contractors license

Your company owner should search out a GC who will partner with them to bid on projects. A GC with experience. That's the way things works. If you did it the other way you propose, ideally you would need to incorporate, obtain a bond or other insurance and then place your electrical firm as a subcon...
by renue74
Fri Jun 02, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 265
Views: 25157

Re: KF's Worst Case Retirement Plan

Just like with any "to the end of time" planning....it takes out the peaks and valleys of life. What if the portfolio get's hit with a recession? Well...the OP will reconfig his withdrawals. What if there are higher expenses than estimated? Well...the OP will sell his house and downsize, injecting ...
by renue74
Fri Jun 02, 2017 10:10 am
Forum: Personal Finance (Not Investing)
Topic: KF's Worst Case Retirement Plan [KlangFool's]
Replies: 265
Views: 25157

Re: KF's Worst Case Retirement Plan

Just like with any "to the end of time" planning....it takes out the peaks and valleys of life. What if the portfolio get's hit with a recession? Well...the OP will reconfig his withdrawals. What if there are higher expenses than estimated? Well...the OP will sell his house and downsize, injecting s...
by renue74
Thu Jun 01, 2017 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Teachers: what are your best personal finance tips?
Replies: 80
Views: 9179

Re: Teachers: what are your best personal finance tips?

Don't trust your school district to feed you correct information on your 403b or associated retirement plans. Do your own due diligence. My wife's school district gave us ONE advisor's contact info for their 403b plan. An AXA advisor. :( Only after I asked multiple times did the district HR office g...
by renue74
Wed May 31, 2017 3:59 pm
Forum: Investing - Help with Personal Investments
Topic: Future Retirement Plan
Replies: 46
Views: 3583

Re: Future Retirement Plan

When will you begin SS?

How are your genes? Family history?

Have any last "oates" to sew...such as trips around the world, camper vacation to all 50 states, see Machu Pichu?
by renue74
Wed May 31, 2017 9:47 am
Forum: Personal Consumer Issues
Topic: anyone ever live/living on a boat?
Replies: 46
Views: 6392

Re: anyone ever live/living on a boat?

I apologize, but I didn't read all the previous comments. One thing you may want to do is to do a longer term "boat crew" test. There are websites that offer up "crews for boats" or "boats for crews" where people are asking for people to help them move boats up & down the coast or simply cruising ar...
by renue74
Wed May 31, 2017 7:56 am
Forum: Personal Consumer Issues
Topic: Paying someone to build a website
Replies: 28
Views: 2837

Re: Paying someone to build a website

We paid around 5,000 to have a basic Woocommerce WordPress site set up. We moved most of the individual items for sale over, so 5,000 was for the basic home page shopping cart, blog, categories framework ect. It sounds like what you need should be simpler then that. We used EMWD (emerging marketing...
by renue74
Tue May 30, 2017 12:28 pm
Forum: Personal Consumer Issues
Topic: Internet options in Philadelphia besides Comcast & Verizon
Replies: 4
Views: 599

Re: Internet options in Philadelphia besides Comcast & Verizon

Try PlayStation VUE or Sling TV.

We cut the cord from our local cable company and started using PlayStation VUE for all our TV viewing. Works great and we save about $100/month.
by renue74
Mon May 29, 2017 7:44 am
Forum: Personal Consumer Issues
Topic: Retiring in southern college town
Replies: 78
Views: 6816

Re: Retiring in southern college town

Haha. The comment about assimilating into the area is a good one. We live in South Carolina (near Charlotte, NC) Last night, we have friends over for dinner and they were complaining about their neighborhood Facebook Group. Their neighborhood is 500+ houses. "It's amazing wall all the northerners co...
by renue74
Fri May 26, 2017 8:29 am
Forum: Personal Finance (Not Investing)
Topic: Employer over contribution to SIMPLE IRA
Replies: 9
Views: 948

Re: Employer over contribution to SIMPLE IRA

Oh sorry....when you said it was the employee deduction, I assumed they just took the extra $2K out of the paycheck. Fill out this form: https://www.fidelity.com/bin-public/060_www_fidelity_com/documents/customer-service/IRA-return-excess-contribution-request.pdf Get the extra $2K back and write a c...
by renue74
Fri May 26, 2017 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Employer over contribution to SIMPLE IRA
Replies: 9
Views: 948

Re: Employer over contribution to SIMPLE IRA

Depends on where your SIMPLE IRA is. Most brokerages have a "Return of Excess Contribution" form that allows you to request any excesses to be returned by check or ACH transfer. Make sure you do it this tax year. Then you have $2,000 that no taxes have been withheld on. So, you'll need to make sure ...
by renue74
Thu May 25, 2017 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Employer over contribution to SIMPLE IRA
Replies: 9
Views: 948

Re: Employer over contribution to SIMPLE IRA

The $12,500 is the max employee contribution. The $12,500 is the YTD employee contribution w/o any employer contributions?

Does the company have a match? If so, the extra $ could me the matching amount.
by renue74
Thu May 25, 2017 5:59 pm
Forum: Investing - Theory, News & General
Topic: SEC Rejects Winklevoss Bitcoin ETF
Replies: 67
Views: 8840

Re: SEC Rejects Winklevoss Bitcoin ETF

That's the nature of my deep dive in bitcoin. One of my young developers has a roommate who bitcoin mines, which I have no clue how that works. Get your developer to check out the household electricity bill! My basic understanding is you cannot generate bitcoins for less than the electricity it cos...
by renue74
Thu May 25, 2017 3:11 pm
Forum: Personal Consumer Issues
Topic: Air Conditioning unit / fix or replace
Replies: 14
Views: 1541

Re: Air Conditioning unit / fix or replace

Get more quotes. A compressor install is not a bad job.

Don't spring for a new unit....you won't recover your $ if you sell so soon.
by renue74
Thu May 25, 2017 1:56 pm
Forum: Personal Consumer Issues
Topic: Paying someone to build a website
Replies: 28
Views: 2837

Re: Paying someone to build a website

It sounds like you have an old HTML site with no content management system and you want to migrate the content to a Wordpress site. I'm not sure about whether you wish the design to also be migrated. Your best best is to find a new Wordpress template you like that fits whatever you do and to set it ...
by renue74
Thu May 25, 2017 8:45 am
Forum: Investing - Theory, News & General
Topic: SEC Rejects Winklevoss Bitcoin ETF
Replies: 67
Views: 8840

Re: SEC Rejects Winklevoss Bitcoin ETF

The problem/concern with bitcoin is that most folks don't really understand it. What it is, how it's distributed, why there's no central banking system for it, etc. There's a huge learning curve that these main stream firms have to overcome before they can reach out to clients. Plus, bitcoin has got...
by renue74
Wed May 24, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: i am my own "guy," but not sure I should advertise that
Replies: 107
Views: 15043

Re: i am my own "guy," but not sure I should advertise that

Investing never arises in any conversations I have with friends and acquaintances. Taxes sometimes but investing, never. +1 None of our friends discuss investing, saving for college, finance, etc. I don't know why. I never bring it up. Now at my office, there are more discussions about it...simply ...
by renue74
Wed May 24, 2017 2:16 pm
Forum: Personal Consumer Issues
Topic: Rewiring a knob and tube house
Replies: 15
Views: 2067

Re: Rewiring a knob and tube house

I bought a 1935 house as a flip or rental last September. It had plaster/lath walls and K&T wiring. I removed all the walls and wiring. I just wired it an put in new 200 amp service. Even with me buying the romex and pitching in, it still cost $7,000 in electrician services. (1600 sq/ft single story...
by renue74
Tue May 23, 2017 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Yet Another Real Estate vs Stock Market Thread
Replies: 44
Views: 4394

Re: Yet Another Real Estate vs Stock Market Thread

I started investing in Class B and C rental properties 3 years ago. Ugly duplexes in Class C neighborhoods. We went in and renovated a couple of them and bought a single family home in a different neighborhood. Bought these for $25K duplex, $50K duplex, and $37K single family 3 bedroom home. In my a...
by renue74
Tue May 23, 2017 8:36 am
Forum: Personal Consumer Issues
Topic: Has anyone tried Orangetheory Fitness
Replies: 45
Views: 4860

Re: Has anyone tried Orangetheory Fitness

Just the very fact of joining a gym, CrossFit box, YMCA, OT Fitness, etc. is the social component. Many folks will identify with the like-minded group, put stickers on the back of their SUVs, and let folks know they love their Saturday morning CrossFit "Workout of the Day." It's one of the reasons w...
by renue74
Mon May 22, 2017 11:32 am
Forum: Personal Consumer Issues
Topic: Has anyone tried Orangetheory Fitness
Replies: 45
Views: 4860

Re: Has anyone tried Orangetheory Fitness

My firm designs websites and custom software for a well known fitness non-profit. The amount of time and energy put into member retention is really high. The typical user will last 3 to 6 months, with an additional X number of months of credit card/bank account drafts before cancellation. OT Fitness...
by renue74
Mon May 22, 2017 11:06 am
Forum: Personal Consumer Issues
Topic: Luxury Vinyl: Educate Me
Replies: 15
Views: 2610

Re: Luxury Vinyl: Educate Me

LV has recently been a hot product in the rental property industry. It's easy to put down and waterproof. 90% of my tenant calls are about some type of water issue. (water heater leaks, toilet leaks, etc.) I put some LV in 3 tenant's bathrooms over the last 3 years. The stuff is good and durable. Bu...
by renue74
Sat May 20, 2017 8:44 pm
Forum: Personal Consumer Issues
Topic: Rice Cooker
Replies: 41
Views: 4205

Re: Rice Cooker

I just cooked brown rice in my new Zoji cooker and it was really good.

2 cups of Walmart great value brown rice
2 chicken bullion cubes
Onion and garlic powder

Set the timer and it was great.
by renue74
Fri May 19, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: Edward Jones vs Vanguard self managed
Replies: 29
Views: 2690

Re: Edward Jones vs Vanguard self managed

Search "Transfer Account from Edward Jones" in the search field box in the top right corner of this site.
by renue74
Thu May 18, 2017 6:26 pm
Forum: Personal Consumer Issues
Topic: Rice Cooker
Replies: 41
Views: 4205

Rice Cooker

Whoever's post it was last week that brought up rice cookers thank you. I bought a Zojirushi rice cooker last week and made rice tonight. OMG, it's the best rice I've ever made. Usually we use the 5 minute Success rice. This is soooo much better. Even the kids had seconds.
by renue74
Thu May 18, 2017 4:28 pm
Forum: Personal Consumer Issues
Topic: Negotiating an apartment lease
Replies: 7
Views: 928

Re: Negotiating an apartment lease

I own several rentals. $25 is not a bad increase. My property taxes and insurance go up at least $100 to $200 each year. The rental market in my area is cut throat these days. I have properties in "B" and "C" class neighborhoods. Places where an average rental was $550/month. This summer, I've seen ...
by renue74
Thu May 18, 2017 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Should I sell my business?
Replies: 41
Views: 3979

Re: Should I sell my business?

I sold a small business in 2012. It was a very small software business with approximately $250K annual sales and it sold for 4x sales. Others are right, you should talk to a business broker, especially one familiar with your industry. There are tons of brokers who could sell a gas station...but you ...
by renue74
Thu May 18, 2017 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Should I sell my business?
Replies: 41
Views: 3979

Re: Should I sell my business?

Agree. The purchaser who can't or won't get financing to buy your business.....I would worry about them. Theoretically you could work another year or so and make the purchase price back in salary...then just drop all the stuff and walk away...if you wanted. That's safer than assuming somebody is goi...
by renue74
Wed May 17, 2017 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: How Much for 529 Plan
Replies: 39
Views: 4418

Re: How Much for 529 Plan

I have 2 kids, 12 and 14. Each have $100K in their 529 plans. In 4 years, the estimation for a 4 year public school in my state is $130K. I've stopped contributing. Remember also, you don't spend the whole pot the 1st year. So theoretically, my 14 year old still has 8 more years of investments...tho...