Search found 131 matches

by Jeepergeo
Sat May 15, 2021 2:24 pm
Forum: Personal Investments
Topic: Investing for an infant
Replies: 17
Views: 1020

Re: Investing for an infant

What type of account would be best for family members to contribute to for a new born? We could open a bank account but that’s just dead money. I would rather open a separate TD Ameritrade or something of that nature to put the money in an index fund to start some growth. Which “type” of account is...
by Jeepergeo
Sat May 15, 2021 2:06 pm
Forum: Personal Investments
Topic: Life events spent more than earned
Replies: 26
Views: 1940

Re: Life events spent more than earned

Besides house and car purchases and weddings, have you ever had months where ur cash flow was negative for a few months? Just had a baby and she is unbelievable, best time of my life so far unquestionably. Financially, We used to live on 20-30 percent of gross, now closer to 80-90 for the first mon...
by Jeepergeo
Sat May 15, 2021 2:02 pm
Forum: Personal Consumer Issues
Topic: Honda CRV or Suburu Forrester or other SUV
Replies: 54
Views: 3476

Re: Honda CRV or Suburu Forrester or other SUV

Check out the Consumer Reports review of each vehicle you are considering. The CR review will give you insight into things that don't show up during a test drive of a new car. The reviews are in the CR April issue.
by Jeepergeo
Fri May 14, 2021 12:39 pm
Forum: Personal Investments
Topic: Retirement withdrawal mechanics
Replies: 31
Views: 5613

Re: Retirement withdrawal mechanics

The Roths should only hold stock funds to maximize your future tax-free growth while tax-deferred should hold your bond funds, to slow down the growth there . Conceptually, I understand that last paragraph. I understand how that is good in a growing market. But doesn't that approach put the Roth mo...
by Jeepergeo
Fri May 14, 2021 12:33 pm
Forum: Personal Investments
Topic: Retirement withdrawal mechanics
Replies: 31
Views: 5613

Re: Retirement withdrawal mechanics

All accounts except cash are invested to my AA of 60:40 Stocks:Bonds. Holding the same 60:40 in every account is less than optimal. I'll take the other side of the argument. :happy I agree that holding 60:40 in every account is less than optimal financially . In a long term situation, all-stocks-in...
by Jeepergeo
Fri May 14, 2021 12:17 pm
Forum: Personal Investments
Topic: Retirement withdrawal mechanics
Replies: 31
Views: 5613

Re: Retirement withdrawal mechanics

All accounts except cash are invested to my AA of 60:40 Stocks:Bonds. Holding the same 60:40 in every account is less than optimal. Different accounts have different tax treatment, so the usual recommendation is to hold your desired asset allocation (60:40) on your total portfolio but use different...
by Jeepergeo
Fri May 14, 2021 12:14 pm
Forum: Personal Consumer Issues
Topic: Apple watch for 10 year old?
Replies: 62
Views: 3622

Re: Apple watch for 10 year old?

Clearly all kids are different, but mine has had a smartphone since he turned 10 (turns 14 in two months), and there have been no incidents other than one battery failure that was not his fault. He takes it with him everywhere he goes unless he is with us. Makes it easy to check in on him, or for h...
by Jeepergeo
Fri May 14, 2021 12:08 pm
Forum: Personal Consumer Issues
Topic: Apple watch for 10 year old?
Replies: 62
Views: 3622

Re: Apple watch for 10 year old?

Our kids are getting to the age where they are roaming the neighborhood more, need rides home, or just want to keep in touch. My oldest (12) has a cell phone, but that is even a challenge for him because he doesn't keep it on him all the time. We've done the Gizmo in the past and it's OK, but it's ...
by Jeepergeo
Sun May 09, 2021 10:18 pm
Forum: Personal Investments
Topic: Retirement withdrawal mechanics
Replies: 31
Views: 5613

Re: Retirement withdrawal mechanics

I will be doing Roth conversions up to the top of the 12 then 15% bracket early on. There currently is no 15% tax bracket, but I will pass on that for a moment. (You are probably thinking about 15% for LTCG when you are in the 22% tax bracket up to about $400K in Taxable Income.) Your comment about...
by Jeepergeo
Sun May 09, 2021 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Hired College Friend
Replies: 8
Views: 1102

Re: Hired College Friend

A grand a month does not encourage much employee loyalty. There is a good chance this is not going to work out. You need to be ready to lose a friend. Because he is a friend and employee, you need to give him clear milestones and metrics to measure and gauge progress over the next few months. Be cle...
by Jeepergeo
Sat May 08, 2021 10:13 am
Forum: Personal Finance (Not Investing)
Topic: California Homebuying Insanity
Replies: 243
Views: 21569

Re: California Homebuying Insanity

Some of the insane home buying in So Cal is being driven by corporate purchases. There are a few former home building investor companies that have found that building new homes is much riskier and less rewarding than owning and renting properties. One of my companies former home building clients wen...
by Jeepergeo
Sat May 08, 2021 9:43 am
Forum: Personal Consumer Issues
Topic: Do you still read the print newspaper?
Replies: 84
Views: 3182

Re: Do you still read the print newspaper?

If you still read from the print newspaper, please share why you enjoy doing this in 2021. I’m 45 and I’m torn between the world of growing up with the print newspaper and this current climate of news being available 24/7 on any variety of screens. Looking forward to reading your reasons. A cup of ...
by Jeepergeo
Sun May 02, 2021 9:17 pm
Forum: Personal Consumer Issues
Topic: Who will install non-OEM parts I bought for my car?
Replies: 51
Views: 3256

Re: Who will install non-OEM parts I bought for my car?

Thanks. Really, a body shop won't? Isn't that the kind of thing they do for collisions? Thanks for all the suggestions and help. It is a quagmire for the shop. If they get into the job and the parts don't fit, then who is responsible? You are. And you will likely need to pay for reassembly if the r...
by Jeepergeo
Sun May 02, 2021 8:31 pm
Forum: Personal Consumer Issues
Topic: Counter Top Water Filtering System
Replies: 13
Views: 1080

Re: Table Top Water Filtering System

Caution.... there are a lot of poor performing, non performing, and downright dangerous water "treatment" systems on the market today. If your water is coming from a public water district, get a copy of its water quality report. Most water districts are more than happy to discuss water qua...
by Jeepergeo
Sun May 02, 2021 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Uninsured Motorist Car Insurance - Is it Worth the Expense??
Replies: 52
Views: 3953

Re: Uninsured Motorist Car Insurance - Is it Worth the Expense??

One wonders why this problem is not addressed more correctly at the source. Uninsured motorist. If a state has required insurance and people don’t have it, what are the penalties? Most likely, nothing. A law that has no teeth. As long as we can and do pay uninsured motorist insurance there is no ne...
by Jeepergeo
Fri Apr 30, 2021 12:21 pm
Forum: Investing - Theory, News & General
Topic: The Bogleheads Guides - Books
Replies: 33
Views: 2179

Re: The Bogleheads Guides - Books

Tag this one to watch.
by Jeepergeo
Thu Apr 29, 2021 8:28 pm
Forum: Personal Consumer Issues
Topic: Home Carbonation
Replies: 45
Views: 3905

Re: Home Carbonation

I have been thinking about this because I drink a lot of seltzer. It seems the big selling point is not adding tons of plastic bottles to the environment. Anybody buy this argument, or do you think plastic bottles can be recycled efficiently (all mine go in the recycle bin)? Plastic bottles are not...
by Jeepergeo
Sun Apr 25, 2021 5:57 pm
Forum: Personal Finance (Not Investing)
Topic: How do you stop moving your goalpost ?
Replies: 88
Views: 7792

Re: How do you stop moving your goalpost ?

Have you discussed retirement with your spouse? I'm currently mid 60's and retired late 50's. It felt right, the numbers looked ok, spouse supportive. Did not agonize. As some have mentioned, you can have a full enjoyable life while employed...work can be a positive. If you are in that situation do...
by Jeepergeo
Sun Apr 25, 2021 12:42 pm
Forum: Personal Consumer Issues
Topic: Is Mobil 1 extended performance full synthetic oil really good for 20k miles?
Replies: 74
Views: 5699

Re: Is Mobil 1 extended performance full synthetic oil really good for 20k miles?

I bought the oil because it was on sale. I have a 2012 Subaru Outback 3.6R at 110k miles. I usually drives 20k miles a year and about 80% of it is highway driving. I currently change my engine oil every 7500 miles with full synthetic oil. Can I really go 20k miles or one year without changing oil? ...
by Jeepergeo
Thu Apr 22, 2021 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating substantial pay raise with leverage
Replies: 5
Views: 1042

Re: Negotiating substantial pay raise with leverage

You need to know what your best available alternative is to a negotiated agreement that you will be happy with. It is called a BATNA. With your BATNA, you negotiatevthe best you can and accept what is offered if it is equal to or exceeds your BATNA. If you stay for less, your BATNA was not right. Mo...
by Jeepergeo
Sun Apr 18, 2021 7:05 pm
Forum: Personal Consumer Issues
Topic: A/C in the garage
Replies: 28
Views: 2752

Re: A/C in the garage

Mini split AC is the way to go. See if your local Costco is pushing the Lennox line. I have three of them and have not regretted it for a seconf....but none are in the garage. If you go with a temporary divider, you can frame one up out of 2x4's and insulate it for not much cost and remove it later ...
by Jeepergeo
Sun Apr 18, 2021 11:39 am
Forum: Personal Consumer Issues
Topic: Another Tire Question
Replies: 13
Views: 870

Re: Another Tire Question

I suggest comparing based on the following:

1. Traction Rating
2. Temperature Rating
3. Mileage rating

...in that order.

IMHO, a high mileage rating is worthless if it comes at the cost of traction. Temp is important if you drive where it gets hot.
by Jeepergeo
Sun Apr 18, 2021 11:22 am
Forum: Personal Consumer Issues
Topic: Wi-Fi router recommendations
Replies: 28
Views: 2281

Re: Wi-Fi router recommendations

I highly recommend the Netgear Orbi system. I bought mine at Costco: https://www.costco.com/netgear-orbi-whole-home-mesh-wifi-6-system-with-advanced-cyber-security%2c-3-pack.product.100533367.html It was easy to set up. You can set up as many satellite routers as you need to cover your whole house....
by Jeepergeo
Thu Apr 15, 2021 8:35 pm
Forum: Personal Consumer Issues
Topic: Wi-Fi router recommendations
Replies: 28
Views: 2281

Re: Wi-Fi router recommendations

I highly recommend the Netgear Orbi system. I bought mine at Costco: https://www.costco.com/netgear-orbi-whole-home-mesh-wifi-6-system-with-advanced-cyber-security%2c-3-pack.product.100533367.html It was easy to set up. You can set up as many satellite routers as you need to cover your whole house....
by Jeepergeo
Thu Apr 15, 2021 8:14 pm
Forum: Investing - Theory, News & General
Topic: The 4% Rule - Simplified?
Replies: 19
Views: 1595

Re: The 4% Rule - Simplified?

Hi; New to the Forum. There is always a lot of talk about the 4% rule (also expressed as the 25 X annual spending needs) and its validity as a retirement planning tool. I believe it is a worthwhile tool but, because of the often unstated assumptions, it might be better explained as a tool that prov...
by Jeepergeo
Thu Apr 15, 2021 7:51 pm
Forum: Personal Finance (Not Investing)
Topic: "Nobody's ever regretted paying off the mortgage."
Replies: 492
Views: 34987

Re: "Nobody's ever regretted paying off the mortgage."

Paying off my 30 year mortgage at ~15 years ranks up there in the top 20 most satisfying things I've done in my adult life. The feeling defies logical calculations due to the complexity of putting a value on the feeling of being debt free.
by Jeepergeo
Thu Apr 15, 2021 3:07 pm
Forum: Personal Consumer Issues
Topic: Negotiating for a new car (in the US)
Replies: 10
Views: 1061

Re: Negotiating for a new car (in the US)

Get the vehicle price report from Consumer Reports. It gives information on dealer cost and shows what others actually paid for similar vehicles in your area based on VIN. It will also list the kickbacks the dealer gets from the manufacturer, if any. You can generally get vehicles at dealer cost plu...
by Jeepergeo
Thu Apr 15, 2021 2:57 pm
Forum: Personal Consumer Issues
Topic: 2021 Wrangler Rubicon unlimited
Replies: 29
Views: 2234

Re: 2021 Wrangler Rubicon unlimited

For what you want the vehicle to do, the Jeep Rubicon will do it. Automatic transmission is the way to go these days for offroading...others will tell you different. Test yourself. Test drive a stick and find the steepest street or ramp in town. Stop mid way up the hill, then try to get going again....
by Jeepergeo
Thu Apr 15, 2021 2:42 pm
Forum: Personal Consumer Issues
Topic: Why leasing a new car is always the best option even if you intend to keep it forever
Replies: 158
Views: 15626

Re: Why leasing a new car is always the best option even if you intend to keep it forever

You are in the market for a new Honda Accord. You intend to keep it forever. Let’s say the selling price is $25k, and Honda expects the car to depreciate $10k in the first three years. Your total lease cost is $10k + taxes + interest. At the end of the lease you have the option to buy out the remai...
by Jeepergeo
Thu Apr 15, 2021 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: How close to retirement age would you start to coast instead of grinding it out?
Replies: 125
Views: 12455

Re: How close to retirement age would you start to coast instead of grinding it out?

I turned 60 today. I wouldn't say I'm coasting, but I have realized that there is no more upward trajectory for me at work. It's as good as it's going to get. I've hit a number where I could retire if I had to, so I've started drawing more boundaries to protect my personal life. No raise or signifi...
by Jeepergeo
Thu Apr 08, 2021 8:54 pm
Forum: Personal Finance (Not Investing)
Topic: For those retired or FI, how much do you spend annually?
Replies: 286
Views: 21657

Re: How much do you spend annually in retirement?

OP, where do you live and what do you plan to do when retired? My property taxes are at least $5k and home insurance is $1k and auto insurance is $1750, COBRA is $12K per year.... and so on. The tree trimmers just yesterday hit me up for $800. While YMMV, $50k won't work in my mid to lower cost area...
by Jeepergeo
Thu Apr 08, 2021 8:23 pm
Forum: Personal Consumer Issues
Topic: Replacing 20yrs old wooden fence and situation with neighbors
Replies: 38
Views: 5157

Re: Replacing 20yrs old wooden fence and situation with neighbors

Join up with the neighbor that wants to split the cost. Even if it is a couple of years early, it will save you money and keep things neighborly. For the other side, just wait it out or cover your side with the taller face boards. Waiting it out would be easiest. It is not worth starting a feud with...
by Jeepergeo
Thu Apr 08, 2021 8:16 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a paycut for a more stable state job (CA)?
Replies: 120
Views: 8023

Re: Taking a paycut for a more stable state job (CA)?

The Tech Sector in California has pulled most capable individuals into the private sector where hard work, innovation, and efficiency are rewarded, and this has been going on for years now. What this means is that those less capable in Tech have gone to the public sector, and this too has gone on f...
by Jeepergeo
Thu Apr 08, 2021 7:55 pm
Forum: Personal Investments
Topic: What is a good asset allocation for us?
Replies: 17
Views: 1571

Re: What is a good asset allocation for us?

The discussion of AA needs a parallel discussion of estimated expenses and withdrawl rate to fund those expenses.
by Jeepergeo
Thu Apr 08, 2021 3:44 pm
Forum: Personal Finance (Not Investing)
Topic: Staying at a company after giving notice? (counter-offer)
Replies: 58
Views: 5937

Re: Staying at a company after giving notice? (counter-offer)

To answer a few questions -- I don't think the current employer would have any hard feelings. I mean a few people are trying to get me to stay. It's a smaller company, about 300 people. I think primarily they don't want to be left in a lurch and think I bring value to the table. Although the compan...
by Jeepergeo
Thu Apr 08, 2021 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Taking a paycut for a more stable state job (CA)?
Replies: 120
Views: 8023

Re: Taking a paycut for a more stable state job (CA)?

The Tech Sector in California has pulled most capable individuals into the private sector where hard work, innovation, and efficiency are rewarded, and this has been going on for years now. What this means is that those less capable in Tech have gone to the public sector, and this too has gone on fo...
by Jeepergeo
Wed Apr 07, 2021 12:18 am
Forum: Personal Consumer Issues
Topic: Family car
Replies: 91
Views: 7493

Re: Family car

I’m looking to buy a family car to transport 5 people including two kids in car seats. My top contenders are Kia Telluride/ Hyundai Palisade. It’s killing me that I’m not only buying a gas guzzler, but about to drop $45k on it. I really thought my next car would be an electric car, but there aren’t...
by Jeepergeo
Tue Apr 06, 2021 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: Staying at a company after giving notice? (counter-offer)
Replies: 58
Views: 5937

Re: Staying at a company after giving notice? (counter-offer)

$78K and $81K are too close to say you are being under paid. If it were, one could then argue the $81K is under paid compared to the $90K. What are the non salary metrics? Vacation, health benefits, 401k contribution/matching/phase in, bonus, commute distance, travel, etc.? Look hard at these benefi...
by Jeepergeo
Tue Apr 06, 2021 11:24 pm
Forum: Personal Consumer Issues
Topic: Should I replace 2 or 4 tires?
Replies: 55
Views: 3136

Re: Should I replace 2 or 4 tires?

Replace all four and keep the two 5/32 as full size spares. I went through this exact thing last month at Costco. Two were almost bald and two were near new. I drive an AWD vehicle and haven't been able to replace a solo tire ever. Also I guessed I missed a rotation and they refused to rotate them,...
by Jeepergeo
Tue Apr 06, 2021 11:22 pm
Forum: Personal Consumer Issues
Topic: Should I replace 2 or 4 tires?
Replies: 55
Views: 3136

Re: Should I replace 2 or 4 tires?

Replace all four and keep the two 5/32 as full size spares. I went through this exact thing last month at Costco. Two were almost bald and two were near new. I drive an AWD vehicle and haven't been able to replace a solo tire ever. Also I guessed I missed a rotation and they refused to rotate them,...
by Jeepergeo
Mon Apr 05, 2021 6:32 pm
Forum: Personal Consumer Issues
Topic: Repair or Replace 2003 Toyota Corolla
Replies: 69
Views: 6017

Re: Repair or Replace 2003 Toyota Corolla

Well, if you buy a new-to-you used car, it too will come with a history that could be good or bad. You know the history of your car. At 136,000 miles, that car is still a teenager and has more miles left in it...300K miles is not unusual for a well cared for Corolla. Are those action items from the ...
by Jeepergeo
Mon Apr 05, 2021 5:57 pm
Forum: Personal Consumer Issues
Topic: Best nonstick pans?
Replies: 65
Views: 5307

Re: Best nonstick pans?

Well seasoned cast iron is the safe and performance way to go. Performance is relative to how you season the pan, maintain the pan, and use the pan....all being very easy IF you can throw out the bad habits learned from cooking in Teflon. Cast iron made in the USA is as safe as it gets. Lodge makes ...
by Jeepergeo
Sun Apr 04, 2021 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Jobhunting after Covid-19 quit
Replies: 35
Views: 4495

Re: Jobhunting after Covid-19 quit

Honestly, I think preemptively addressing the work gap in a cover letter draws unnecessary attention to the gap. That’s just what I think. Others may differ. In a cover letter, AC should focus on why they are a great fit for the job. Good luck to AC. ^^^That pretty much sums it up. The cover letter...
by Jeepergeo
Thu Apr 01, 2021 3:04 pm
Forum: Personal Consumer Issues
Topic: Resole hiking boots?
Replies: 40
Views: 2198

Re: Resole hiking boots?

Carry Gorilla brand Duct Tape to wrap those flappy soles!
by Jeepergeo
Fri Mar 26, 2021 3:26 pm
Forum: Personal Consumer Issues
Topic: Selling a Rolex
Replies: 24
Views: 2577

Re: Selling a Rolex

That is a nice watch and it should sell. If all of its complications still function (run it for a week or two to test it) and still keeps giid time, then I would not spend the money on a service because a Rolex service from an approved repair facility could easily run a grand....and after spending t...
by Jeepergeo
Thu Mar 25, 2021 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: Is an Emergency Fund Really needed in our case?
Replies: 60
Views: 5632

Re: Is an Emergency Fund Really needed in our case?

COVID has taught us clearly that many kids, especially those from middle income families and above, and even reaching into low middle income families, can do exceptionally well via distance learning and that private schools can fulfill that need efficiently. Further, as public schools struggle with...
by Jeepergeo
Thu Mar 25, 2021 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Is an Emergency Fund Really needed in our case?
Replies: 60
Views: 5632

Re: Is an Emergency Fund Really needed in our case?

COVID has taught us clearly that many kids, especially those from middle income families and above, and even reaching into low middle income families, can do exceptionally well via distance learning and that private schools can fulfill that need efficiently. Further, as public schools struggle with...
by Jeepergeo
Thu Mar 25, 2021 7:55 pm
Forum: Personal Investments
Topic: percentage for 3 fund portfolio
Replies: 11
Views: 997

Re: percentage for 3 fund portfolio

Just want to check (as I am provided advice to someone), a 65 year old sibling is putting 200K in a non retirement account. Assume no other retirement saving except a small pension, live in a low cost of living area. No debt,taking SS. Sibling does not plan to use money - no income stream needed. 5...
by Jeepergeo
Thu Mar 25, 2021 7:26 pm
Forum: Personal Investments
Topic: Why not one index fund instead of three?
Replies: 20
Views: 3660

Re: Why not one index fund instead of three?

Is there a particular advantage to having the suggested 3 index funds versus a target date fund that uses the same index fund within one fund? Perhaps greater ability for precision with allocation? Ability to tax loss harvest individual funds Ability to adjust International equity allocation Abilit...
by Jeepergeo
Sat Mar 20, 2021 6:21 pm
Forum: Personal Consumer Issues
Topic: Baby, Wife & Car
Replies: 44
Views: 3306

Re: Baby, Wife & Car

For safety sake, consider the safety differences between a car and a SUV. The SUVs are in general not as safe as cars as the be standards for SUVs are not as stringrnty as they are for passenger cars. If you mean true SUVs (trucks, or body-on-frame vehicles), then I agree. But most crossovers are u...