Search found 71 matches

by 5280Tim
Mon Apr 19, 2021 9:20 am
Forum: Personal Consumer Issues
Topic: Out on 4Runner - Used Lexus GX?
Replies: 34
Views: 2764

Re: Out on 4Runner - Used Lexus GX?

Big Toyota loyalist here. Wife is looking to replace her 2009 Highlander and have finally decided we are out on the new 4Runners (previously drove a 2000 'Runner - best car I ever owned). For comfort/family purposes, she's now looking used Lexus GX - basically the "luxury" 4Runner, someth...
by 5280Tim
Sat Apr 17, 2021 6:21 pm
Forum: Personal Investments
Topic: Roth IRA Conversion Time Line
Replies: 9
Views: 713

Re: Roth IRA Conversion Time Line

My wife and I want to set up Roth IRA's at Vanguard to deposit after-tax money (for which we will not claim a deduction). I know that we have to create both a standard and a Roth IRA account to do this. We don't have any other IRA's. I think someone once said we have to do the conversion on the sam...
by 5280Tim
Sat Apr 17, 2021 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Selling a new house with a defective roof - how to proceed?
Replies: 16
Views: 1171

Re: Selling a new house with a defective roof - how to proceed?

We have a new build house (3 years old) and had to have the roof replaced last year due to defective shingles. Our builder was not involved in the process, we just communicated directly with the manufacturer of the shingles and chose the contractor to do the work. It took some time, but was not too ...
by 5280Tim
Tue Apr 13, 2021 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2507
Views: 575746

Re: Share your net worth progression

jarjarM wrote: Tue Apr 13, 2021 9:49 pm
hi_there wrote: Tue Apr 13, 2021 9:43 pm I hit $8 million today, age 36. I'm still unemployed, by the way...
Congrats, now you just have to decide what your label should be? FAT fire, unemployed, permanently unemployed, or just plain old retired. Either way :beer
Funemployed.
by 5280Tim
Mon Apr 12, 2021 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Advice for My Surviving Spouse (I'm not dead yet)
Replies: 11
Views: 1361

Re: Financial Advice for Surviving Spouse (I'm not dead yet)

delamer wrote: Mon Apr 12, 2021 3:21 pm
cowdogman wrote: Mon Apr 12, 2021 1:54 pm
delamer wrote: Mon Apr 12, 2021 1:35 pm It would be better to find a CPA who can advise on the issues you’ve identified for the FA (or vice versa) than suggesting your wife juggle to different advisers who have a lot of overlap
Good point.
It would have been a better point if I’d use the right “two.” :oops:
:P
by 5280Tim
Sun Apr 11, 2021 3:38 pm
Forum: Personal Consumer Issues
Topic: Marantec: Are Rolling Code Garage Door Openers Really Necessary?
Replies: 10
Views: 1100

Re: Marantec: Are Rolling Code Garage Door Openers Really Necessary?

I wouldn’t buy an opener without rolling codes. While some might just break a window, there are burglars who only use opener mimicking. I use a chamberlain belt drive that is quiet enough.
by 5280Tim
Mon Apr 05, 2021 8:18 am
Forum: Personal Investments
Topic: IPS / Portfolio checkup
Replies: 8
Views: 834

Re: IPS / Portfolio checkup

Perfect, I’ll look at swapping some of those around. I don’t have a good reason for which accounts have the S&P index and which ones have the Total stock index. I also wasn’t sure if the S&P vs Total Stock funds would qualify as “substantially different.”
by 5280Tim
Sun Apr 04, 2021 9:05 pm
Forum: Personal Investments
Topic: IPS / Portfolio checkup
Replies: 8
Views: 834

Re: IPS / Portfolio checkup

Somewhat. I think I just have to wait 31 days to purchase a similar index fund if I TLH. Is this correct?
by 5280Tim
Sun Apr 04, 2021 7:52 am
Forum: Personal Investments
Topic: IPS / Portfolio checkup
Replies: 8
Views: 834

Re: IPS / Portfolio checkup

retiredjg wrote: Sun Apr 04, 2021 7:44 am Looks fine to me. :D
Thanks. I feel good about it, but I just have a little nagging feeling that I’m forgetting about something.
by 5280Tim
Sat Apr 03, 2021 9:22 am
Forum: Personal Investments
Topic: IPS / Portfolio checkup
Replies: 8
Views: 834

IPS / Portfolio checkup

I’ve been a lurker here for a while, and occasionally post, but I’ve only recently been working on an IPS. With that in mind, I’d like to get some opinions on my plan and current situation. The basics: *Emergency fund: We have 6 months of expenses in cash. *Debt: $430,000, 28 years left on a 30 year...
by 5280Tim
Thu Apr 01, 2021 2:14 pm
Forum: Investing - Theory, News & General
Topic: First Backdoor Roth
Replies: 11
Views: 901

Re: First Backdoor Roth

N10sive wrote: Thu Apr 01, 2021 1:34 pm So I got the rollover into my 401k.

Now I should open a new traditional IRA, contribute 6k and then once okay move into my roth?
You do not need a new tIRA account unless the rollover was closed when emptied. A rollover is a traditional IRA account and can be used for the initial contribution.
by 5280Tim
Mon Mar 29, 2021 12:04 pm
Forum: Personal Consumer Issues
Topic: Why are Subarus so popular?
Replies: 114
Views: 6254

Re: Why are Subarus so popular?

I bought an outback when we moved to Colorado, it was the worst car I’ve ever owned. Only kept it a few years, but had 3 CV boots fail which required a new axle shaft and boot. Head gaskets failed around 100k miles, then again at 121k miles. Neither the dealer that replaced the gaskets nor Subaru Am...
by 5280Tim
Wed Mar 17, 2021 11:07 pm
Forum: Personal Consumer Issues
Topic: Mattress for Side Sleepers
Replies: 20
Views: 1916

Re: Mattress for Side Sleepers

Purple. Unbelievable sleep.
by 5280Tim
Sat Mar 13, 2021 11:40 am
Forum: Personal Investments
Topic: Problems at Fidelity?
Replies: 40
Views: 4483

Re: Problems at Fidelity?

I have some friends that work at one of the Fidelity CS offices. They’re hiring everyone they can to help, but the influx of accounts recently has been far above anything they predicted. When I’ve called recently, the waits have been a little longer than normal, but nothing outrageous. Call early or...
by 5280Tim
Mon Feb 01, 2021 12:56 pm
Forum: Personal Consumer Issues
Topic: Car hit in parking lot (no note)
Replies: 70
Views: 6389

Re: Car hit in parking lot (no note)

This is something that is really frustrating to me. My wife's car was hit in front of our house one day. There wasn't a note either, but it was only scuffed paint, no serious damage. We haven't bothered to fix it because I feel like it will just end up happening again. It's one of the reasons I won'...
by 5280Tim
Tue Jan 26, 2021 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: Rent vs. buy a home for one year
Replies: 25
Views: 1481

Re: Rent vs. buy a home for one year

As long as you could go month to month after the year if your house wasn’t quite ready, I’d rent. No way would I mess with buying for 1 year only.
by 5280Tim
Sun Jan 17, 2021 9:18 am
Forum: Personal Consumer Issues
Topic: How to remove smoke smell from clothes after a fire?
Replies: 23
Views: 2021

Re: How to remove smoke smell from clothes after a fire?

Rent an ozone machine. This is how people get rid of the smoke smell in a car that has been smoked in. It will take a while since you can’t do all of the clothes at once, so I would follow the advice of clean your favorite clothes and replace the rest.
by 5280Tim
Sat Jan 09, 2021 9:58 am
Forum: Investing - Theory, News & General
Topic: Do you have FOMO (Bitcoin, TSLA, whatever?)
Replies: 201
Views: 13034

Re: Do you have FOMO (Bitcoin, TSLA, whatever?)

You can always point to something in the past that creates regret if you allow it to. I got some insurance money after college that, if I had used it to buy AAPL, would be worth around $20 million. I didn’t, and it doesn’t bother me. It’s like looking at powerball jackpots and have regrets about not...
by 5280Tim
Sat Jan 02, 2021 1:01 pm
Forum: Personal Consumer Issues
Topic: Need Help: Update: Bought a 2021 Toyota 4Runner TRD Pro lo New Hyundai Palisades: Is factory list price too high to pay?
Replies: 57
Views: 3094

Re: Need Help: New Hyundai Palisades: Is factory list price too high to pay?

It’s mind boggling to me that: A. The telluride/palisade twins are marked up over sticker, B. That it’s still happening 2 years after their release. That being said, I have some friends with both of them. They LOVE them. They are a great value when comparing them to other 3-row crossovers. I would n...
by 5280Tim
Fri Jan 01, 2021 10:34 am
Forum: Personal Finance (Not Investing)
Topic: 2020 Net Worth
Replies: 111
Views: 7436

Re: 2020 Net Worth

+28.62%
by 5280Tim
Mon Nov 23, 2020 11:22 pm
Forum: Personal Consumer Issues
Topic: Car will fit in garage with one inch to spare - thoughts?
Replies: 111
Views: 9156

Re: Car will fit in garage with one inch to spare - thoughts?

matti wrote: Mon Nov 23, 2020 8:30 pm Remember, if you're driving in really hot weather, your wheels (the tires, specifically), will likely increase in diameter up to 2.5 inches or so due to expansion of the rubber.
Umm, what? This absolutely does not happen.
by 5280Tim
Sat Nov 14, 2020 8:55 am
Forum: Personal Consumer Issues
Topic: Items that are worth the money for the quality
Replies: 490
Views: 41839

Re: Items that are worth the money for the quality

My new stem cells were extremely expensive, both in dollars and in the physical toll to make it through transplant. Without them, I’d be dead, so I’d say it was worth it.
by 5280Tim
Wed Oct 21, 2020 10:08 pm
Forum: Personal Investments
Topic: Going “all in” on paying mortgage
Replies: 178
Views: 14755

Re: Going “all in” on paying mortgage

In 2004 we put 50% down. Paid off the mortgage within 12 months by eschewing all other investing/saving and making the mortgage payoff the sole priority. The only regret is that if we knew the housing market would collapse a few years later we would have put down the least possible and defaulted on...
by 5280Tim
Tue Sep 15, 2020 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2507
Views: 575746

Re: Share your net worth progression

Keenobserver wrote: Tue Sep 15, 2020 6:35 pm Ok. So everyone here is smarter and richer than I. Cool.
It’s certainly easy to feel that way sometimes.
by 5280Tim
Sun Sep 06, 2020 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 2507
Views: 575746

Re: Share your net worth progression

My wife and I are both 38 yrs old. Recently (since Aug ‘18) I started updating our net worth each quarter. Prior to 2018 I never really tracked it outside of calculating it around $200k in 2013. I thought I might check it today based on the run-up from the last couple of weeks. At some point last we...
by 5280Tim
Sun Aug 23, 2020 10:11 pm
Forum: Investing - Theory, News & General
Topic: Advice to a Millennial about nest egg "Critical Mass"
Replies: 150
Views: 17934

Re: Advice to a Millennial about nest egg "Critical Mass"

Sasquatch spitting truth. I’m 38 and often just dumbfounded by what my peers consider necessary. Every car must be German and every vacation exotic. I feel like a significant portion of folks my age live a very hedonistic life while never learning to delay gratification at all. ..and just like THAT...
by 5280Tim
Sun Aug 23, 2020 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Do you talk to your friends/family/coworkers about this stuff?
Replies: 210
Views: 17141

Re: Do you talk to your friends/family/coworkers about this stuff?

As a high school graduate, I love talking about wealth building. Unfortunately, my college educated friends have twice my income and a fourth of my net worth. [OT comment removed by moderator oldcomputerguy] Amazing the difference that the idea of personal responsibility makes in someone’s life.
by 5280Tim
Sat Aug 22, 2020 11:50 pm
Forum: Investing - Theory, News & General
Topic: Advice to a Millennial about nest egg "Critical Mass"
Replies: 150
Views: 17934

Re: Advice to a Millennial about nest egg "Critical Mass"

Congrats on saving such a large amount and staying the course for 40 years! No doubt some wise investment decisions were made along the way. However as an “older” millennial I would love to know, at the outset of your career 40 years ago (ie when you could save heavily such that the compounding / s...
by 5280Tim
Fri Aug 21, 2020 10:44 pm
Forum: Investing - Theory, News & General
Topic: AMZN & AAPL - time to bail?
Replies: 167
Views: 14825

Re: AMZN & AAPL - time to bail?

I’ve still got some AAPL purchased at $51 and some purchased at $72. I also have some AMZN but haven’t had it nearly as long. I’m planning to hold on to both for a while.
by 5280Tim
Thu Aug 20, 2020 7:18 am
Forum: Investing - Theory, News & General
Topic: Advice to a Millennial about nest egg "Critical Mass"
Replies: 150
Views: 17934

Re: Advice to a Millennial about nest egg "Critical Mass"

Congrats on saving such a large amount and staying the course for 40 years! No doubt some wise investment decisions were made along the way. However as an “older” millennial I would love to know, at the outset of your career 40 years ago (ie when you could save heavily such that the compounding / s...
by 5280Tim
Tue Aug 18, 2020 5:28 pm
Forum: Personal Consumer Issues
Topic: How to prevent iphone from tracking me?
Replies: 9
Views: 746

Re: How to prevent iphone from tracking me?

Settings>Privacy > Location Services > System Services > toggle off Frequent Locations.
by 5280Tim
Sun Aug 16, 2020 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Did any inheritance make positive effect on your life?
Replies: 229
Views: 19666

Re: Did any inheritance make positive effect on your life?

My parents and my uncle received some money when my mother’s parents died. They paid off some debt and then bought me a truck. Far more valuable was what I learned about my grandparents after they died. My grandad was a farmer and my grandma sold Avon. They lived in a town of just over 1,000 people,...
by 5280Tim
Thu Jul 30, 2020 10:29 pm
Forum: Personal Consumer Issues
Topic: Replacing a single tire on an AWD car
Replies: 40
Views: 29786

Re: Replacing a single tire on an AWD car

I always get the insurance certificates from Discount Tire. I’ve ruined a tire on an AWD and with the certificates, I received credit for the remaining tread life on the 3 other tires and full credit for the ruined tire. Drove home with all new shoes for $300 or so. The AWD components can be damaged...
by 5280Tim
Tue Jul 28, 2020 7:55 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10245
Views: 737538

Re: Refinance Mega Thread

I sent better my LE and they came back with a 2.75% 30 year with $11,000 in closing costs! :shock: I think I’m going to stick with my 2.57% with $2k to close. Did you try Watermark? I’ll look into them. I’m pretty happy with the 2.57% offer. I submitted a request to Watermark but have not heard bac...
by 5280Tim
Sat Jul 25, 2020 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10245
Views: 737538

Re: Refinance Mega Thread

bws wrote: Sat Jul 25, 2020 9:17 am
5280Tim wrote: Sat Jul 25, 2020 9:06 am I sent better my LE and they came back with a 2.75% 30 year with $11,000 in closing costs! :shock:

I think I’m going to stick with my 2.57% with $2k to close.
Did you try Watermark?
I’ll look into them. I’m pretty happy with the 2.57% offer.
by 5280Tim
Sat Jul 25, 2020 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10245
Views: 737538

Re: Refinance Mega Thread

I sent better my LE and they came back with a 2.75% 30 year with $11,000 in closing costs! :shock:

I think I’m going to stick with my 2.57% with $2k to close.
by 5280Tim
Tue Jul 14, 2020 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10245
Views: 737538

Re: Refinance Mega Thread

A few days ago they requested a new payoff amount since I made a July payment. New amount is $325,458. ... when I asked my closing expert what my new official loan amount will be after refi. He said it will be $325,000. Shouldn’t it be $324,300? The remaining balance of my old lender? $324,300 is l...
by 5280Tim
Mon Jul 13, 2020 8:10 am
Forum: Personal Finance (Not Investing)
Topic: New home purchase, how to keep the costs low ?
Replies: 11
Views: 898

Re: New home purchase, how to keep the costs low ?

When we built our house, we found that the price to “upgrade” was outrageous. Even adding the AC through the builder was double what we could pay for the unit ourselves. We chose to only spend on things that we couldn’t change later, like having a corner lot, and then spent some cash after closing t...
by 5280Tim
Sun Jul 12, 2020 10:51 pm
Forum: Personal Consumer Issues
Topic: Car, Remodel or Pool?
Replies: 74
Views: 4167

Re: Car, Remodel or Pool?

As an alternative to a remodel/add-on, you could look at something like this: https://www.studio-shed.com/home-office-spaces/ It would give you a separate office with climate control and could be had for much less than your listed renovation cost. A Murphy bed would also make it a great guest space ...
by 5280Tim
Thu Jul 09, 2020 4:16 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10245
Views: 737538

Re: Refinance Mega Thread

Can someone please advise?? Shopping around with local brokers as well as online companies. So far best deal I am getting is 2.75% on a 25yr or 30yr fixed and total of $1,500 out of pocket (without appraisal $420 that broker things I won't need). Obviously escrow (taxes) of about 2-4 months, but I ...
by 5280Tim
Wed Jul 08, 2020 7:31 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10245
Views: 737538

Re: Refinance Mega Thread

I’ve been shopping for a little while and am finally moving forward with a refi. I tried LenderFi but have had zero response from them. I even called and spoke to someone a week ago but they still have not sent a loan estimate. Selfi has been very responsive and I’m in underwriting with them right n...
by 5280Tim
Wed Jun 24, 2020 8:30 pm
Forum: Personal Consumer Issues
Topic: iPhone 7 plus to iPhone 11 Pro: Poor battery life. Time to upgrade?
Replies: 65
Views: 2587

Re: iPhone 7 plus to iPhone 11 Pro: Poor battery life. Time to upgrade?

Another option is to get the new SE. it’s the size of the iPhone 7, so a little smaller than your 7+. But it has the new camera and internals, with the Touch ID sensor. $400...
by 5280Tim
Sat Jun 20, 2020 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Disappointed in Amica
Replies: 40
Views: 3791

Re: Disappointed in Amica

We just dumped Amica after 12 years. No claims of any kind, but auto and home both went up 50% in 2 years. In that 2 years, went from 3 cars to 2, but rates were climbing fast. Found several providers that were able to provide better coverage terms for far less $.
by 5280Tim
Wed Jun 10, 2020 1:11 pm
Forum: Personal Consumer Issues
Topic: New construction house - what to consider?
Replies: 161
Views: 10946

Re: New construction house - what to consider?

1. One thing I wish we added during our build is stair lighting on a motion sensor. If I fall asleep downstairs and wake up at 2:00am I either stumble upstairs like a drunk person or have to turn on the overhead lights and let my eyes adjust. 2. As others have stated, you cannot overdo outlets. Seve...
by 5280Tim
Wed Jun 03, 2020 9:21 pm
Forum: Personal Consumer Issues
Topic: Car question for a white vehicle - acid washing?
Replies: 29
Views: 1381

Re: Car question for a white vehicle - acid washing?

You can ceramic coat the paint to help it last longer. Some car washes can be damaging, I won’t use any that contact the car. Any dirt that gets in those brushes becomes an abrasive and will strip the clear coat off over time. Not washing your car is a terrible idea too. It’s important to wash the m...
by 5280Tim
Wed May 27, 2020 10:22 am
Forum: Personal Consumer Issues
Topic: If Jeep has such poor reliability, how come they are everywhere?
Replies: 174
Views: 14485

Re: If Jeep has such poor reliability, how come they are everywhere?

One thing to remember is that most of what people see as “SUVs” are actually crossovers. There are very few proper body-on-frame SUVs on the market. Nissan made the Pathfinder a crossover several years ago & ditched the Xterra, which just leaves the Armada (huge). Ford Explorer is now unibody, b...
by 5280Tim
Fri Apr 24, 2020 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Self Employed 401K
Replies: 5
Views: 273

Re: Self Employed 401K

That’s the way I understand it. I just started my own LLC, and can’t get anywhere near the $57k limit yet.
by 5280Tim
Wed Apr 22, 2020 10:38 pm
Forum: Personal Consumer Issues
Topic: Replacement for 4Runner
Replies: 70
Views: 4686

Re: Replacement for 4Runner

The 4Runner skid plates aren’t “fake.” They are very capable of doing their job if you take it off-road. I'm talking about the silver painted front & rear lower fascias, meant to simulate metal skid plates. You will find them on the "Off-Road" version of the 4Runner. None of the other...
by 5280Tim
Wed Apr 22, 2020 6:36 pm
Forum: Personal Consumer Issues
Topic: Replacement for 4Runner
Replies: 70
Views: 4686

Re: Replacement for 4Runner

The 4runner has a cult following because of its claimed durability. Another thing driving interest in this old beast is the fact that 'butch' styling is all the rage now. For some reason, consumers love the SUV faux toughness look... Aggressive front ends, plastic body cladding, fake skid plates, j...
by 5280Tim
Wed Apr 22, 2020 6:34 pm
Forum: Personal Consumer Issues
Topic: Replacement for 4Runner
Replies: 70
Views: 4686

Re: Replacement for 4Runner

If I were in the market for a new SUV I would get one of these vehicles: Grand Cherokee, Lexus GX 470, or Kia Telluride. I currently own a 2015 Grand Cherokee and love it. You get a lot of bang for the buck with that vehicle. The GX470 was my second choice in 2015 when I was shopping for vehicles. ...