Search found 389 matches

by Devil's Advocate
Mon Apr 19, 2021 6:20 am
Forum: Personal Finance (Not Investing)
Topic: Bad Work Situation - Can I Retire Leave/Retire
Replies: 19
Views: 2908

Re: Bad Work Situation - Can I Retire Leave/Retire

It seems the consensus is you're good to retire. I would encourage you to look at 3 fund portfolio. Dividend producing stock isn't anything special. It is the total value of the stock that matters. Total market index fund is in my mind better than trying to pick your own. Congratulations on your upc...
by Devil's Advocate
Mon Apr 12, 2021 6:08 am
Forum: Personal Consumer Issues
Topic: What do you do with well worn clothing?
Replies: 39
Views: 3236

Re: What do you do with well worn clothing?

My great uncle is a very well off farmer worth multi million dollars. He is very cheap as well. According to his now deceased wife he had so many holes in his underwear that he would just wear 2 pairs at once. I am not suggesting you do this with your well worn clothing, I just felt like I could sha...
by Devil's Advocate
Sat Apr 10, 2021 1:39 pm
Forum: Personal Consumer Issues
Topic: Travel Trailer vs My Pickup Truck: Specs?
Replies: 54
Views: 3350

Re: Travel Trailer vs My Pickup Truck: Specs?

The F350 with 7.3 Godzilla engine will be my next hauling vehicle. I have heard so many horror stories on here with the diesel engines. And I don't want to worry about DEF. The 7.3 gasser is more than enough to pull the biggest trailers.

DA
by Devil's Advocate
Thu Apr 08, 2021 1:18 pm
Forum: Personal Consumer Issues
Topic: New or Used: car purchase
Replies: 17
Views: 1278

Re: New or Used: car purchase

A wrangler to commute with?? No thanks.

DA
by Devil's Advocate
Wed Apr 07, 2021 4:41 pm
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 282
Views: 20910

Re: The $2000-$4000 Car :) This made me wealthy so jump on board

Its all priorities. I drive 200k+ car. Dont wanna drive a junk in my prime 30s. No point driving ferrari when you are old and bald lol. Yes there is...to get the women that are in their 20's and 30's... My parents winter in Scottsdale, AZ and you wouldn't believe the number of 60/70 year old guys d...
by Devil's Advocate
Wed Apr 07, 2021 4:37 pm
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 282
Views: 20910

Re: The $2000-$4000 Car :) This made me wealthy so jump on board

I was inexplicably driving through a Dodge/Jeep dealership last weekend taking a casual look at some of the Wranglers when a nice looking Dodge Ram caught my eye. Not a dually but a sport/off road type but I didn't catch all the ins and outs of the options/model etc. because I didn't linger long wh...
by Devil's Advocate
Wed Apr 07, 2021 4:21 pm
Forum: Personal Investments
Topic: Family with 4 little humans: chances of retiring/financial independence
Replies: 70
Views: 7098

Re: Family with 4 little humans: chances of retiring/financial independence

Hi everyone, We just refinanced our mortgage to a 20y note, and I've got this idealized goal of retiring the day it's paid off. I'd like to get to financial independence at a relatively young age. Is that realistic? Thank you! Emergency funds: 6 mo exp, cash Debt: mortgage, $197k, 20y, 2.375%, firs...
by Devil's Advocate
Wed Apr 07, 2021 2:00 pm
Forum: Personal Consumer Issues
Topic: Humic Acid for lawn and garden - Experiences?
Replies: 9
Views: 695

Re: Humic Acid for lawn and garden - Experiences?

I have used antler king plot max for a clover food plot. It was 25 bucks for 1/2 acre. Can't say about the effectiveness tho.

Its on Amazon if you want some.

DA
by Devil's Advocate
Wed Apr 07, 2021 12:22 pm
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 282
Views: 20910

Re: The $2000-$4000 Car :) This made me wealthy so jump on board

A more frugal way to buy cars would have been to buy 2-3 year old cars and keep them 7-8 years. But, as I said, we like cars, and this has been one of our splurges. We have Bogleheads saying they've bought new cars and sold them for what they paid two years later, so the 2-3yr-old thing was perhaps...
by Devil's Advocate
Wed Apr 07, 2021 9:32 am
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 282
Views: 20910

Re: The $2000-$4000 Car :) This made me wealthy so jump on board

What a great way to hack transportation costs! About 15 years ago, my wife and I were newly married and had $40k in credit card debt. My wife bought a car for $5k, put 100,000 miles on it over several years (she had a long commute at the time), and then sold it for $2k. It was one of the things we ...
by Devil's Advocate
Sat Apr 03, 2021 6:51 am
Forum: Personal Investments
Topic: Considering retirement
Replies: 26
Views: 2890

Re: Considering retirement

Buy ACA insurance thru marketplace. Max of 8.5% of income for silver plan.

Insurance problem solved. Retire now.

DA
by Devil's Advocate
Fri Apr 02, 2021 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a farm
Replies: 34
Views: 4501

Re: Buying a farm

I bought 80 acres recreational land to build on a couple years ago. At the time I knew it was either going to be the best thing for myself and my family, or the worst financial mistake ever. So far so good. We love it. Keep in mind all the things one wants to do on a recreational farm. In the past 2...
by Devil's Advocate
Wed Mar 31, 2021 5:42 am
Forum: Personal Finance (Not Investing)
Topic: Buying a farm
Replies: 34
Views: 4501

Re: Buying a farm

It sounds like this is a luxury purchase. Not buying for income production, but for recreation. Which is fine if you can afford it. What is your income, retirement accounts, net worth? I also doubt the landowner has much incentive to sell on contract when they can sell outright. Have you tried getti...
by Devil's Advocate
Tue Mar 30, 2021 8:03 am
Forum: Personal Consumer Issues
Topic: Fidelity Study on Retirement
Replies: 18
Views: 2068

Re: Fidelity Study on Retirement

I ended up reading a not so great article on this study. The cool thing was I was able to find the study: https://s2.q4cdn.com/997146844/files/doc_news/2021/03/24/State-of-Retirement-Planning_Fact-Sheet_FINAL.pdf 82% of Americans feel that their retirements plans were thrown off track by the pandem...
by Devil's Advocate
Sun Mar 28, 2021 5:14 am
Forum: Personal Consumer Issues
Topic: Can I stop working? [New car discussion]
Replies: 63
Views: 3303

Re: Can I stop working?

LBYM is so engrained in me. Depression era parents who did well but were never extravagant. Grandparents who retired early on pensions, but with little education - prison guard, toll booth collector. I’ve been a Boglehead for years, lurking even in the M* days. Meanwhile my colleagues own second an...
by Devil's Advocate
Sat Mar 27, 2021 2:49 pm
Forum: Personal Consumer Issues
Topic: exipred / obsolete propane jugs
Replies: 58
Views: 3922

Re: exipred / obsolete propane jugs

A full service gas/fuel supplier will dispose of them for you for a small fee. $10 or so as I remember it. Depending on their level of service, these can be picked up by the county bulk waste service in some areas (like old couches or scrap metal) for free. Ok, but why would you? Wouldn't it be bet...
by Devil's Advocate
Wed Mar 24, 2021 10:07 am
Forum: Personal Consumer Issues
Topic: benefit of vaccination with kids at home
Replies: 26
Views: 1578

Re: benefit of vaccination with kids at home

Herd immunity likely this summer.

Teenagers unlikely to get severe disease.

Personally I would travel now with family and not worry.

Safe travels.

(But if you want to stay at home and wash your Romaine that is fine too)

😉

DA
by Devil's Advocate
Tue Mar 23, 2021 12:40 pm
Forum: Personal Consumer Issues
Topic: Prescription drugs, HDHP, and coupons
Replies: 8
Views: 611

Re: Prescription drugs, HDHP, and coupons

Try the app GoodRX

It will give you a much cheaper price for drugs not covered by insurance.

Worth a shot

DA
by Devil's Advocate
Mon Mar 22, 2021 6:46 am
Forum: Personal Consumer Issues
Topic: Music for tweens and teens
Replies: 18
Views: 1301

Re: Music for tweens and teens

We have free Spotify, pandora, iheartradio.

My 8 yr old has access to Amazon music paid account on the echo in bedroom. Pretty nice. Echo can read books, play music, give random Trivia, set ⏰.

DA
by Devil's Advocate
Sun Mar 21, 2021 2:35 pm
Forum: Personal Consumer Issues
Topic: Romaine Lettuce & bagged salads - concerns
Replies: 45
Views: 4381

Re: Romaine Lettuce & bagged salads - concerns

As long as you wear your mask as you eat your unwashed bagged romaine you'll be fine.

DA
by Devil's Advocate
Wed Mar 17, 2021 12:19 pm
Forum: Investing - Theory, News & General
Topic: Hitting your numbers. How to estimate when you have enough.
Replies: 175
Views: 20037

Re: Hitting your numbers. How to estimate when you have enough.

My approach: Estimate your yearly drawdown dollars needed to supplement any pension, SS, annuities etc. to get to your normal expense run rate. That should leave an ability to trim expenses a bit if needed. Have a moderate allocation --say somewhere between 40/60 and 60/40. Be in your 60's with hea...
by Devil's Advocate
Sun Mar 14, 2021 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a $1.35M house?
Replies: 54
Views: 5139

Re: Can I afford a $1.35M house?

I'm sorry, you don't have enough $$$ accumulated yet in retirement investments or liquid for this purchase even tho you may be able to make the payments.

DA
by Devil's Advocate
Wed Mar 10, 2021 5:09 pm
Forum: Personal Consumer Issues
Topic: Selling or Trading in an Old Computer
Replies: 27
Views: 2186

Re: Selling or Trading in an Old Computer

Take it to the range
Put a few 223s through it. Can't imagine the resale on a 8 year old computer is worth the effort of erasing and marketing it.

DA
by Devil's Advocate
Sat Mar 06, 2021 7:37 pm
Forum: Personal Investments
Topic: Does the "age of 55" exception apply to Roth 403b and Roth 401k??
Replies: 24
Views: 2175

Re: Does the "age of 55" exception apply to Roth 403b and Roth 401k??

Alan S.

I always appreciate your willingness to provide your input and advice. You are a great asset to the boglehead community. Thanks again!

DA
by Devil's Advocate
Fri Mar 05, 2021 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: How to prove PPP Loan used for payroll? Sole Proprietor
Replies: 28
Views: 1798

Re: How to prove PPP Loan used for payroll? Sole Proprietor

I am on the 2nd draw. My bank stated that I only need to document I used the money for payroll. No need to pay yourself in allotments. One lump sum is fine.

DA
by Devil's Advocate
Sun Feb 28, 2021 1:26 pm
Forum: Investing - Theory, News & General
Topic: HSA as Emergency Fund
Replies: 22
Views: 1436

Re: HSA as Emergency Fund

Many bogleheads feel that after a certain point a dedicated EF is unnecessary. Using your HSA and Roth contributions as EF is reasonable.

DA
by Devil's Advocate
Thu Feb 25, 2021 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: PPP forgiveness for S Corp owner's salary
Replies: 26
Views: 1523

Re: PPP forgiveness for S Corp owner's salary

count damoney wrote: Thu Feb 25, 2021 4:40 pm I myself couldn't sign the Economic Necessity Certification in good faith, so I did not apply
As a taxpayer I appreciate you.

DA
by Devil's Advocate
Thu Feb 25, 2021 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Physician assistant salary?
Replies: 46
Views: 10185

Re: Physician assistant salary?

My wife and I are physician assistants in Texas. I make $155k in a surgical specialty with full benefits. She makes $110k and works 8-3:30 usually The pa job market is going downhill with the massive amount of online NP programs flooding the market. This profession will become over saturated eventu...
by Devil's Advocate
Thu Feb 25, 2021 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: PPP forgiveness for S Corp owner's salary
Replies: 26
Views: 1523

Re: PPP forgiveness for S Corp owner's salary

I do not believe it makes a difference but I ended up spreading the payments of PPP1 funds throughout 3 months to reflect the 2.5 months of money received. I tried to find the answer for this same question after receiving PPP funds last year and could not find anything. My bank didn't know, I don't...
by Devil's Advocate
Thu Feb 25, 2021 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: PPP forgiveness for S Corp owner's salary
Replies: 26
Views: 1523

Re: PPP forgiveness for S Corp owner's salary

Great question. I know for the 1st draw the bank didn't require any documentation on withdrawal for payments. I believe this will be the case for 2nd draw as well.

DA
by Devil's Advocate
Thu Feb 25, 2021 12:19 pm
Forum: Personal Investments
Topic: Should I liquidate my $300k taxable portfolio and buy Florida real estate?
Replies: 34
Views: 1702

Re: Should I liquidate my $300k taxable portfolio and buy Florida real estate?

bugleheadd wrote: Thu Feb 25, 2021 12:18 pm Should get a job offer before moving to another state. and even then you probably want to rent before committing to buying.
I think the plan was to buy an investment property, not move to FL?
DA
by Devil's Advocate
Thu Feb 25, 2021 12:13 pm
Forum: Personal Investments
Topic: Should I liquidate my $300k taxable portfolio and buy Florida real estate?
Replies: 34
Views: 1702

Re: Should I liquidate my $300k taxable portfolio and buy Florida real estate?

I don't think so.

Wrong forum for sinking 90% of your networth into a single non diversified asset.

May work out, but not worth the risk IMO.

DA
by Devil's Advocate
Mon Feb 22, 2021 1:22 pm
Forum: Personal Consumer Issues
Topic: What is so special about the Toyota Tacoma?
Replies: 97
Views: 10506

Re: What is so special about the Toyota Tacoma?

I shopped around for midsize trucks a few years ago. I wanted a reliable rig with current safety features than could handle itself off road. I settled on the Ranger FX4. It has a stronger motor, better mileage, better towing capacity, better safety features, better off road trail control, more head...
by Devil's Advocate
Sun Feb 21, 2021 6:54 pm
Forum: Personal Consumer Issues
Topic: Anyone planning on traveling after vaccine?
Replies: 32
Views: 2390

Re: Anyone planning on traveling after vaccine?

Vegas next weekend, Alaska in July.

DA
by Devil's Advocate
Sun Feb 21, 2021 1:56 pm
Forum: Personal Consumer Issues
Topic: What is so special about the Toyota Tacoma?
Replies: 97
Views: 10506

Re: What is so special about the Toyota Tacoma?

With the Toyota you will not get surprises. Its not the smoothest ride which is well known. Its very darn reliable and holds its resale value which is very well known. Ford and Chevrolet make good pickup trucks , but they can be full of surprises. But generally a Ford or Chevy owner knows their fra...
by Devil's Advocate
Sat Feb 20, 2021 7:30 pm
Forum: Personal Consumer Issues
Topic: [Generators]/ supplemental power generation
Replies: 162
Views: 8714

Re: [Generators]/ supplemental power generation

My wife and I and 3 kids lived off grid in a one room cabin for 13 months in the midwest. We used a combo of a Goal Zero portable lithium battery with inverter, 800 watts of solar panels, and a backup 8k watt gas generator. While we did not have AC if I were to do it again I would definitely buy a w...
by Devil's Advocate
Fri Feb 12, 2021 3:28 pm
Forum: Personal Consumer Issues
Topic: Recommendations for replacing 8 years old Whirlpool Fridge
Replies: 43
Views: 3479

Re: Recommendations for replacing 8 years old Whirlpool Fridge

Our 8 yrs old Whirlpool Gold Series Side by Side is on its last leg. These posts are so depressing to me. We've gone from appliances lasting 20-30 years to this, basically trading energy consumption from use to manufacturing/recycling&landill, IMHO. But think of all the jobs created!? DA
by Devil's Advocate
Sat Jan 30, 2021 12:55 pm
Forum: Personal Consumer Issues
Topic: Off the grid
Replies: 38
Views: 4074

Re: Off the grid

I realize you have decided to have electricity run to your new building project. I was in the market for an off grid solar system a year ago or so. It was for our new home. With fed tax credits (many which have decreased) it was going to be around 60 k for a fairly large system with lithium battery ...
by Devil's Advocate
Fri Jan 29, 2021 1:33 pm
Forum: Investing - Theory, News & General
Topic: I still believe in “getting rich slowly”
Replies: 91
Views: 8775

Re: I still believe in “getting rich slowly”

You hear from the "winners" when they win. The vast majority of the time I suspect they lose.

DA
by Devil's Advocate
Wed Jan 27, 2021 1:12 pm
Forum: Personal Investments
Topic: Fidelity ZERO Total Market Index closed to new investors?
Replies: 26
Views: 7588

Re: Fidelity ZERO Total Market Index closed to new investors?

That's odd, I have it in my Traditional IRA with Fidelity. You'd think the Fidelity guy would have told me that - he just said it should re-open but he didn't know when. :shock: I guess FSKAX(Fidelity Total Market Index Fund) it is... Your traditional IRA is a retail account. The ZERO funds are ava...
by Devil's Advocate
Fri Jan 15, 2021 10:13 am
Forum: Personal Consumer Issues
Topic: HBO Max Issues?
Replies: 31
Views: 2563

Re: HBO Max Issues?

I don't have HBO max, but I do have a 4k firestick. Most apps work flawlessly. I had a huge problem with ESPN app not streaming well for months. Finally after the last update it seems to be working well. Not sure why some apps buffer like that. Have you tried un installing and re installing app? Res...
by Devil's Advocate
Wed Jan 13, 2021 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Our experience with a healthcare sharing ministry
Replies: 104
Views: 6585

Re: Our experience with a healthcare sharing ministry

I decided to buy my own insurance as well since they don't cover preexisting conditions (i had CA) and don't cover issues that arise from activities they don't agree with such as using alcohol and such.

DA
by Devil's Advocate
Wed Jan 13, 2021 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Our experience with a healthcare sharing ministry
Replies: 104
Views: 6585

Re: Our experience with a healthcare sharing ministry

I like the idea in general but am not religious and disagree with a lot of the tenets most HSMs have. I googled and it doesn't seem there are many options other than religious, maybe we should start a secular Bogleheads HSA (health sharing association). :) I am not religious either and would have n...
by Devil's Advocate
Wed Jan 13, 2021 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Our experience with a healthcare sharing ministry
Replies: 104
Views: 6585

Re: Our experience with a healthcare sharing ministry

After 2 years we have not used my insurance or the HCM. Therefore I dont really have an opinion if the HCM is a good idea. Sounds like you and family are fortunate to have good health, maybe much better than average. Would you be able to transition family back to your employer insurance if they nee...
by Devil's Advocate
Wed Jan 13, 2021 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Our experience with a healthcare sharing ministry
Replies: 104
Views: 6585

Re: Our experience with a healthcare sharing ministry

I hope you get all of your bills paid. I don't have any experience with HSMs and don't know much about them. My quick observation is that for some people, using a HSA-compatible HDHP might be cheaper and provide more consistent and broader coverage than using a HSM. I don't know if that's true. For...
by Devil's Advocate
Wed Jan 13, 2021 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Our experience with a healthcare sharing ministry
Replies: 104
Views: 6585

Re: Our experience with a healthcare sharing ministry

So this is not insurance but saying they are insurance? With the violations of ACA, I can see why they can't be actual insurance. Sounds to me like simple fraud. They are very careful to say that are not insurance. They simply share the cost of health care amongst their group. I had not found a sub...
by Devil's Advocate
Wed Jan 13, 2021 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Our experience with a healthcare sharing ministry
Replies: 104
Views: 6585

Re: Our experience with a healthcare sharing ministry

I hope you get all of your bills paid. I don't have any experience with HSMs and don't know much about them. My quick observation is that for some people, using a HSA-compatible HDHP might be cheaper and provide more consistent and broader coverage than using a HSM. I don't know if that's true. For...
by Devil's Advocate
Wed Jan 13, 2021 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Our experience with a healthcare sharing ministry
Replies: 104
Views: 6585

Re: Our experience with a healthcare sharing ministry

I hope you get all of your bills paid. I don't have any experience with HSMs and don't know much about them. My quick observation is that for some people, using a HSA-compatible HDHP might be cheaper and provide more consistent and broader coverage than using a HSM. I don't know if that's true. For...
by Devil's Advocate
Tue Jan 12, 2021 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: IRS Identity Protection PIN
Replies: 100
Views: 6076

Re: IRS Identity Protection PIN

I am always concerned about fraudulent filing by someone else. So I found this while talking to IRS about something. https://www.irs.gov/identity-theft-fraud-scams/get-an-identity-protection-pin Has anyone gotten the PIN? Is there any disadvantage in signing up for this? I am thinking of signing up...