Search found 287 matches

by TheHouse7
Mon Oct 16, 2017 9:04 pm
Forum: Investing - Help with Personal Investments
Topic: Joined the 1 comma club today!!!
Replies: 18
Views: 4051

Re: Joined the 1 comma club today!!!

:sharebeer TheTimeLord
:beer to your health VictoriaF
by TheHouse7
Mon Oct 16, 2017 6:39 pm
Forum: Investing - Theory, News & General
Topic: Roth as good as you think?
Replies: 29
Views: 4131

Re: Roth as good as you think?

I doubt many 25 or 30 year olds can predict what their future tax bracket will be when they retire at ,say, 65. True, but some people have a hint: 1. If your are in the 39% tax bracket, go with tax deferred. 2. If you are making 8 bucks an hour (like my youngest), do a Roth. (Oh, and take the saver...
by TheHouse7
Mon Oct 16, 2017 4:20 am
Forum: Investing - Help with Personal Investments
Topic: a question about selecting investments for 401k
Replies: 8
Views: 722

Re: a question about selecting investments for 401k

From what very little I understand, traditional 401k tax deductible contributions are best under *most* situations. https://thefinancebuff.com/case-against-roth-401k.html You have an awesome selection of funds. Price/valuations of shares hardly matters for a long term buy and hold strategy.( it has ...
by TheHouse7
Sun Oct 15, 2017 10:15 am
Forum: Personal Consumer Issues
Topic: What do you buy in Asian food stores?
Replies: 98
Views: 8644

Re: What do you buy in Asian food stores?

Tamarind paste is the best for copying Pad Thai

It is a gummy substance that is cut in to cook down with your sauce.

16oz for $3.99(DW uses 3/4 Tbls)
by TheHouse7
Sat Oct 14, 2017 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: You career roots and your path to financial independence. "Actionable: steps and tips for others?
Replies: 56
Views: 6978

Re: Blue collar (or other) roots and your path to financial independence. Steps and tips for others?

Learn to love, what you have to do. You will always have work if you keep doing what others are not willing to do. Make plans to show how the person managing you is doing great(needs to be promoted), and don't hold back training the person under you to replace you (make it easy for management to pro...
by TheHouse7
Fri Oct 13, 2017 10:48 pm
Forum: Investing - Theory, News & General
Topic: What's your asset allocation and why?
Replies: 176
Views: 21100

Re: What's your asset allocation and why?

80/20, 60% TSM 20% TISM 20% TBM

Age 30, because of this site... general not invested through a bear market, most recommend between 0-50% stocks be international(so why not 25%).

I don't know nothing.
by TheHouse7
Fri Oct 13, 2017 7:43 am
Forum: Personal Consumer Issues
Topic: A good value wine I found...
Replies: 22
Views: 3059

Re: A good value wine I found...

All seriousness a side: BV Vinyard is my bar set for cab. I found it at costco for 4.78 a bottle (have to buy the case). Usually $8-10 at the stores.
:beer
by TheHouse7
Thu Oct 12, 2017 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: $5.5K to invest - best strategy
Replies: 22
Views: 2154

Re: $5.5K to invest - best strategy

minimalistmarc wrote:
Thu Oct 12, 2017 1:27 am
Best to buy bitcoin. It is 95% likely that all bitcoin holders will be rich in a few years.
:twisted:
by TheHouse7
Thu Oct 12, 2017 9:58 am
Forum: Personal Consumer Issues
Topic: Is there boglehead consensus on buying a car?
Replies: 73
Views: 7478

Re: Is there boglehead consensus on buying a car?

I think if you are in the accumulation phase, buy used.

If you have enough money get whatever you want. :wink:
by TheHouse7
Wed Oct 11, 2017 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 18794

Re: [Boglehead vs Mr Money Mustache philosophies]

Is there a forum that represents the polar opposite of MMM/Bogleheads? I would be greatly interested in reading a spend-all-you-can/seize the day/go into debt forum. If not, perhaps it's a good business idea. :twisted: Perhaps building a big enough income to leverage up everything to the max could ...
by TheHouse7
Tue Oct 10, 2017 9:16 pm
Forum: Personal Consumer Issues
Topic: Best weight loss resources?
Replies: 54
Views: 3697

Re: Best weight loss resources?

If you need to lose weight, go to MyFitnessPal and set up a free account and then track every bite you eat by weight. Don't take any credit for exercise that you do to allow yourself to eat more calories. You can lose weight and improve your health simply by reducing sugar and highly processed food...
by TheHouse7
Sun Oct 08, 2017 11:04 am
Forum: Investing - Theory, News & General
Topic: Length of bull market become more risky?
Replies: 15
Views: 1898

Re: Length of bull market become more risky?

I thought we were just now arriving at the beginning of the bull that was predicted to begin 17-20 years after the 2000 bear, and that all those other little blips along the way (like 2008) were just... blips? In the case of the Nasdaq 100, yes. It just broke out in July 2016 after nearly 17 years ...
by TheHouse7
Sat Oct 07, 2017 6:49 pm
Forum: Investing - Theory, News & General
Topic: Length of bull market become more risky?
Replies: 15
Views: 1898

Re: Length of bull market become more risky?

Thank you for your time, I realize this topic is not actionable. :annoyed
by TheHouse7
Sat Oct 07, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: The Best Dave R. Thread (just kidding)
Replies: 9
Views: 1220

Re: The Best Dave R. Thread (just kidding)

http://quotes.morningstar.com/chart/fund/chart?t=WAPSX®ion=usa&culture=en_US Western assets has definitely beaten the benchmarks. However during the economic downturn it lost 20% compared to intermediate bond index which lost zero. So it appears it takes on a greater risk profile and is probably...
by TheHouse7
Sat Oct 07, 2017 1:47 pm
Forum: Investing - Help with Personal Investments
Topic: The Best Dave R. Thread (just kidding)
Replies: 9
Views: 1220

Re: The Best Dave R. Thread (just kidding)

I would probably go with the Fidelity US Bond Index, primarily because of its lower expenses. The scoop on Dave Ramsey is that is personal finance advice is good, particularly in getting out of debt. His investing advice is not so good though it is hard to go too far wrong with American Funds. I do...
by TheHouse7
Sat Oct 07, 2017 1:45 pm
Forum: Investing - Theory, News & General
Topic: Length of bull market become more risky?
Replies: 15
Views: 1898

Re: Length of bull market become more risky?

I don't think so. Things can tread water for quite a while and after a number of years it will be the same as if there was no bull market. You know, market returns are 1% a year for 8 years. That would still be a bull market. What about markets that gain more than 10%+ a year? We are taught to ackn...
by TheHouse7
Sat Oct 07, 2017 1:14 pm
Forum: Investing - Theory, News & General
Topic: Length of bull market become more risky?
Replies: 15
Views: 1898

Length of bull market become more risky?

Do my investment in a prolonged bull market become more risky at higher valuations?

Should I perceive the same amount of risk whether it is 2 years in to a bull market or 8?

Thanks for answering such a silly question. :|
by TheHouse7
Sat Oct 07, 2017 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: The Best Dave R. Thread (just kidding)
Replies: 9
Views: 1220

The Best Dave R. Thread (just kidding)

I have very few bond choices in my 401k: MIP II CL 3 (Managed Income Portfolio II Class 3) Bond Investments Stable Value 0.32% FID US BOND IDX IPR (FXNAX) Bond Investments Income 0.025% WA CORE PLS BOND IS (WAPSX) Bond Investments Income 0.42% FIMM GOVT INST (FRGXX) Short Term Investments N/A 0.18% ...
by TheHouse7
Fri Oct 06, 2017 6:31 pm
Forum: Investing - Theory, News & General
Topic: Time Value of Money (Young Investors)
Replies: 29
Views: 2708

Re: Time Value of Money (Young Investors)

I think most compounding advise falls on deaf ears. The young want a life (cars/house/wife/kids) the experienced want a do over on retirement savings. :D
by TheHouse7
Fri Oct 06, 2017 8:49 am
Forum: Investing - Help with Personal Investments
Topic: Where do you think the money will come from to move the overall market higher?
Replies: 31
Views: 2880

Re: Where do you think the money will come from to move the overall market higher?

Recent polls suggest the general public and professional money managers are both getting skittish about valuations. If these polls are correct, and if people slow their equity investments, where do you see the demand coming from? 3 numbers and a letter. 401k so many people are just dumping $$ in ev...
by TheHouse7
Thu Oct 05, 2017 9:58 pm
Forum: Personal Consumer Issues
Topic: Too much house? (nervous 1st time buyer)
Replies: 57
Views: 5864

Re: Too much house? (nervous 1st time buyer)

Seriously RENT. You can afford to buy. Find the right person first. Buy a house TOGETHER. You don't find the right house and then put the right significant other in it :oops:
by TheHouse7
Thu Oct 05, 2017 4:34 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 13214

Re: Millionaire Next Door (Thank you Bogleheads)

:beer My mother had supported me in the same way, she is 3 years past.
by TheHouse7
Thu Oct 05, 2017 4:22 pm
Forum: Personal Consumer Issues
Topic: How do you value your time?
Replies: 97
Views: 5240

Re: How do you value your time?

I get hung up on the ammount I could have worked. DW comes up with appointments during time I would make overtime. Then I start thinking how much it is costing me. Other times I can spend 9 hours round trip to save $300 on something she wants to buy. I enjoy spending time with her.
by TheHouse7
Wed Oct 04, 2017 10:29 pm
Forum: Personal Finance (Not Investing)
Topic: Rules of Thumb: Max House Value as % of Net Worth?
Replies: 112
Views: 23648

Re: Rules of Thumb: Max House Value as % of Net Worth?

edge wrote:
Sun Jul 24, 2016 11:22 am
There is none. This is not a good question. Home affordability is normally about income and human capital vs. expense.
+1 This is silly. :?
by TheHouse7
Wed Oct 04, 2017 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: Are credit cards rewards worth it?
Replies: 103
Views: 10045

Re: Are credit cards rewards worth it?

I found giving up ~$200 in rewards per year was easy. I hate thinking about payments. What's one or two more payments? You have to pay all of the other bills one way or another. It's not only more mental accounting, but messes up my monthly budget in YNAB :annoyed Simplify, Simplify, Simplify. That...
by TheHouse7
Wed Oct 04, 2017 7:32 pm
Forum: Personal Consumer Issues
Topic: On the video games path - how to set it up with younger kids
Replies: 36
Views: 2547

Re: On the video games path - how to set it up with younger kids

I think you’d be better off keeping your house video game free. These games are designed to be addictive and turn out highly addictive to some. In return I don’t see any redeeming social value. I think occasional play dates with friends is enough exposure. +1 as an avid gamer(30) I will be much mor...
by TheHouse7
Wed Oct 04, 2017 9:33 am
Forum: Personal Finance (Not Investing)
Topic: What age did you become debt free and what opportunities did it create?
Replies: 142
Views: 22917

Re: What age did you become debt free and what opportunities did it create?

30, and my wife has quit work easily at 28 being 3 months pregnant with our first kid. :beer

Dream big. Have a 10 year outlook on your decisions.
by TheHouse7
Wed Oct 04, 2017 7:27 am
Forum: Investing - Theory, News & General
Topic: Crisis of Confidence - Choosing Bond allocations in portfolio
Replies: 24
Views: 2329

Re: Crisis of Confidence - Choosing Bond allocations in portfolio

Stay the course. I have had the same thoughts and the best thing to do is stop worrying about AA and try to find more to contribute.

:sharebeer
by TheHouse7
Mon Oct 02, 2017 9:37 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 747
Views: 210092

Re: Share your net worth progression

jbird11 wrote:
Mon Jan 23, 2017 4:16 pm
Started using Personal Capital 40 months ago.

Started at 127K now 416K.

Wondering if $7K+ per month to NetWorth is good/bad based on $160K combined income?
I think it is fantastic! (50%+ income savings at that income level is sweet)
by TheHouse7
Mon Oct 02, 2017 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Are credit cards rewards worth it?
Replies: 103
Views: 10045

Re: Are credit cards rewards worth it?

I found giving up ~$200 in rewards per year was easy. I hate thinking about payments.
by TheHouse7
Sat Sep 30, 2017 12:06 pm
Forum: Investing - Theory, News & General
Topic: Which bogleheads have a "high need to take risk"?
Replies: 51
Views: 5607

Re: Which bogleheads have a "high need to take risk"?

Not me, but I see a lot of posts where people are. I think they (at least the younger ones) should be told that 80/20 and doing more saving, even if it means going without, is a far better way to reach their goal. If the goal is not worth doing without to achieve, is it really that important of a g...
by TheHouse7
Thu Sep 28, 2017 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Increase 401K percentage or contribute to ESPP?
Replies: 14
Views: 1226

Re: Increase 401K percentage or contribute to ESPP?

I have one I can sell every month but the transaction cost $40+ a shot :|

Discount is $75 per month. When should I sell vs risk?
by TheHouse7
Wed Sep 27, 2017 7:47 am
Forum: Personal Finance (Not Investing)
Topic: 20% Down Payment Sub-optimal?
Replies: 55
Views: 5800

Re: 20% Down Payment Sub-optimal?

The OP doesn’t consider that by not saving up 20% you haven’t demonstrating your ability to live below your means which is usually a prerequisite for being able to afford a home. If your rent is $1000/mo and the refrigerator goes, you still pay $1000 that month. If you get an invasion of ants and t...
by TheHouse7
Sun Sep 24, 2017 2:58 pm
Forum: Personal Consumer Issues
Topic: Where do you get your news?
Replies: 131
Views: 10823

Re: Where do you get your news?

Wife's Facebook updates that she has to tell me or coworkers Facebook updates. Radio second.
by TheHouse7
Sun Sep 24, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: financial checkup- expecting first baby
Replies: 5
Views: 1041

Re: financial checkup- expecting first baby

Lol crazy high numbers for your age, congrats on the income, have either of you considered taking extended time off after birth due to complications/falling in love with your new baby?

I'm planning on taking at least two weeks off when our first is born.
by TheHouse7
Sun Sep 24, 2017 8:32 am
Forum: Personal Finance (Not Investing)
Topic: The right offer on a home
Replies: 10
Views: 1357

Re: The right offer on a home

I had a very similar situation a year ago. House sold for 243k in 2006. (When it was first built.) Wanted to buy it in 2016, but the market is so hot for homes $200-350k. It listed for 280k and sat on the market for 21 days. It is the cheapest house in the neighborhod, all other houses are 350+ with...
by TheHouse7
Sat Sep 23, 2017 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone own a home and drop insurance coverage after mortgage paid off?
Replies: 61
Views: 6221

Re: Anyone own a home and drop insurance coverage after mortgage paid off?

Wondering if anyone here has experience (positive or negative) with getting rid of their homeowners policy completely after they paid off their mortgage. Does it make sense to essentially self insure if one can afford it? The vast majority of the value of my property is in the land. I have to pay h...
by TheHouse7
Sat Sep 23, 2017 12:27 pm
Forum: Local Chapters and Bogleheads Community
Topic: Bogleheads you would most like to meet and why?
Replies: 134
Views: 12036

Re: Bogleheads you would most like to meet and why?

KlangFool & VictoriaF, both have expanded my world view in ways I never thought possible. :happy
by TheHouse7
Sat Sep 23, 2017 6:12 am
Forum: Personal Finance (Not Investing)
Topic: Life insurance - Your inputs please!
Replies: 9
Views: 853

Re: Life insurance - Your inputs please!

You need to talk to a broker who can work with you to get quotes from companies that deal with health issues. They should know who to and who not to get quotes from. Every insurance company is different. +1 my wife just had the same experience with medical conditions and we still went with costco l...
by TheHouse7
Fri Sep 22, 2017 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 183
Views: 22676

Re: Let's talk about your FI # and family income

We had a discussion along these lines on an early retirement board maybe 15 years ago and one of the insights into this was that many of those who can retire early are those who are first generation professionals. They grew up in a working class / blue collar household and don't have expensive tast...
by TheHouse7
Thu Sep 21, 2017 7:34 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 387
Views: 45444

Re: Name something you had to have and now you regret purchasing it?

House with a pool. Since I stink at maintaining it and turned the water green we hire out for $170/month ($2040/yr) plus incidentals ranging from $50-$200/yr. In the last 5 years we had to re-line the pool and replaced the motor costing about $10k plus the extra electricity I figure in these 5 year...
by TheHouse7
Thu Sep 21, 2017 7:23 pm
Forum: Personal Consumer Issues
Topic: Name something you had to have and now you regret purchasing it?
Replies: 387
Views: 45444

Re: Name something you had to have and now you regret purchasing it?

Bought my wife a food dehydrator use for 2 months sits in the garage :greedy $300
by TheHouse7
Wed Sep 20, 2017 7:23 pm
Forum: Personal Consumer Issues
Topic: Lease vs. Buy debate with a twist...
Replies: 33
Views: 3023

Re: Lease vs. Buy debate with a twist...

Leasing was something the finance gurus came up with to get you to purchase a car every 3 years. There is not benefit to you. Unless like most you can't afford the BMW but you can afford to Lease it. +1 your paying for the depreciation/services + profit for the dealer with a lease. Seriously consid...
by TheHouse7
Wed Sep 20, 2017 7:05 pm
Forum: Forum Issues and Administration
Topic: Why so many 'negative' responses?
Replies: 20
Views: 2703

Re: Why so many 'negative' responses?

When I first joined here I thought the same OP. After lurking for months everything clicked one day and something became perfectly clear to me. This forum is here to help others and offer constructive criticism. Think of it as your outspoken best friend who just can't hel themselves (and is almost ...
by TheHouse7
Tue Sep 19, 2017 11:45 pm
Forum: Personal Finance (Not Investing)
Topic: Calling out the not so rich bogleheads
Replies: 233
Views: 29873

Re: Calling out the not so rich bogleheads

sunny_socal wrote:
Tue Sep 19, 2017 5:26 pm
It's an odd thread. OP says he's a "commoner" yet he's one of the dreaded MMMMMMMMMMillionaires? :shock:

Either way, I don't think people are scared away from the forum.

IBTL :beer
Yeah being a commoner (56k per year/ @30) I think no body gets scared away from this forum.
by TheHouse7
Tue Sep 19, 2017 1:41 pm
Forum: Investing - Theory, News & General
Topic: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"
Replies: 33
Views: 5737

Re: "Goldman's Bear Market Indicator Shows Crash Dead Ahead"

Several weeks ago I was made aware of a little known indicator that preceded the 2008 downturn and that same indicator has been happening again, albeit not quite at it's 2008 level. It will be interesting to see if it holds true this again. (Consumer credit card debt)lol mostly bogleheads getting c...
by TheHouse7
Sun Sep 17, 2017 4:28 am
Forum: Personal Consumer Issues
Topic: Lawyer overbilling for prenup review
Replies: 66
Views: 6562

Re: Lawyer overbilling for prenup review

I've dealt with the same situation, but in my case I walked away with paying 2.5 hours and no finalized pre nuptial :annoyed