Search found 253 matches

by SmallSaver
Mon Apr 12, 2021 5:17 pm
Forum: Personal Consumer Issues
Topic: Comfortable Men's Flip Flops?
Replies: 69
Views: 4970

Re: Comfortable Men's Flip Flops?

Teva Mush. Super lightweight, extremely comfortable, foam molds to your foot (they seem a little chunky at first, but compress). I've been wearing them for 20 years (not the same pair). Only downside is they are super slippery when wet.
by SmallSaver
Fri Apr 09, 2021 3:12 pm
Forum: Personal Investments
Topic: Life Savings in Cash--Need Advice
Replies: 27
Views: 4312

Re: Life Savings in Cash--Need Advice

Here’s my situation… I have 523K in cash. 65K in 403b 65K in Roth IRA 393K in bank. (House paid for; 200K value) Age 45; could retire at 56, but will work longer if healthy. Salary 75K; 0 debt. 1K month expenses; very frugal. I feel like a total dummy for missing the greatest bull market in history...
by SmallSaver
Fri Apr 09, 2021 11:06 am
Forum: Personal Finance (Not Investing)
Topic: Which credit unions offer deposit accounts paying more than 3% interest?
Replies: 80
Views: 7654

Re: Which credit unions offer deposit accounts paying more than 3% interest?

I have no wisdom to offer here. But this post reminds me of the violence that the Fed has committed against savers everywhere. It surprises me that Bogleheads (we saved, we paid off student loans and mortgages early like a good girl/boy) are not OUTRAGED at the fact that someone has to come on this...
by SmallSaver
Fri Apr 09, 2021 9:28 am
Forum: Personal Consumer Issues
Topic: Are architect estimates for construction costs usually pretty accurate?
Replies: 21
Views: 1474

Re: Are architect estimates for construction costs usually pretty accurate?

No experience doing this on a residence, but I've run a few commercial projects and found that you need to be careful with architects estimates. They're usually just based on a $/sf and they are often an estimate of construction cost, i.e. they don't include design & oversight fees, permits, tes...
by SmallSaver
Thu Apr 08, 2021 12:32 pm
Forum: Personal Investments
Topic: How to lose the desire of outperforming the market?
Replies: 112
Views: 7168

Re: How to lose the desire of outperforming the market?

How to get over the desire to outperform? Try for a while and fail. What do you do when your fun money account you day trade from time to time practically almost always beats the market by a notable fold. Weird dilemma here. Sometimes by X multiples for X be the principal. And the worst days of los...
by SmallSaver
Wed Apr 07, 2021 1:40 pm
Forum: Personal Investments
Topic: How to lose the desire of outperforming the market?
Replies: 112
Views: 7168

Re: How to lose the desire of outperforming the market?

How to get over the desire to outperform? Try for a while and fail. Also, there's an unspoken but huge benefit to the Boglehead approach and that is less time and stress . Once you get on board there is almost nothing to do and no decisions to make. How much time will it take you to research trades/...
by SmallSaver
Thu Apr 01, 2021 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: $25,000 solar array: to finance at 4.75% interest?
Replies: 12
Views: 1199

Re: $25,000 solar array: to finance at 4.75% interest?

Way too many questions here to give a precise mathematical answer. But . . . I would not want to deal with the life complexity of making mortgage payments @ 4.75% on my solar panels, to increase my equity exposure by $11k. You don't need to lever mid-sized purchases to get rich, and definitely not ...
by SmallSaver
Thu Apr 01, 2021 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: $25,000 solar array: to finance at 4.75% interest?
Replies: 12
Views: 1199

Re: $25,000 solar array: to finance at 4.75% interest?

The standard answer would be that if the loan rate (4.75%) is less than your discount rate (expected returns) then the project at least has a positive NPV. If it's positive enough is up to you. For this situation, a couple of thoughts: I think about solar PV more like fixed income than stocks, can y...
by SmallSaver
Thu Apr 01, 2021 12:40 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area teacher saving half my income – why the doubt? (and asking more questions)
Replies: 652
Views: 48256

Re: Bay Area teacher saving half my income – why the doubt? (and asking more questions)

This is an old article but I came across this today. I'm still picking my jaw off the ground! https://www.cnbc.com/2019/09/11/you-need-to-make-350000-a-year-to-live-a-middle-class-lifestyle-today-heres-why.html I think it safe to say that not only is this lsadly misleading, despite coming from an F...
by SmallSaver
Fri Mar 26, 2021 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 448
Views: 56663

Re: Tales from this insane real estate market

LittleMaggieMae wrote: FYI: the median household income for the area these 400K plus luxury homes will be built is 65K. This is not unlike the real estate bubble of 2006. Outrageous prices for houses with limited "target audience" buyers. ******* Yep. It's a little dizzying reading all th...
by SmallSaver
Fri Mar 26, 2021 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 448
Views: 56663

Re: Tales from this insane real estate market

LittleMaggieMae wrote: FYI: the median household income for the area these 400K plus luxury homes will be built is 65K. This is not unlike the real estate bubble of 2006. Outrageous prices for houses with limited "target audience" buyers. ******* Yep. It's a little dizzying reading all th...
by SmallSaver
Fri Mar 26, 2021 12:00 pm
Forum: Personal Consumer Issues
Topic: High ranked Univ with liberal arts major or lower ranked school with STEM major
Replies: 121
Views: 8244

Re: High ranked Univ with liberal arts major or lower ranked school with STEM major

I already know the answer to this for myself, but just wanted to have this discussion with the forum on what others here think, in case I am missing a 1% somewhere. Here is the scenario, some of kids we know from son's school applied to liberal arts major to high ranked STEM schools, even though th...
by SmallSaver
Thu Mar 25, 2021 2:34 pm
Forum: Personal Finance (Not Investing)
Topic: Tales from this insane real estate market
Replies: 448
Views: 56663

Re: Tales from this insane real estate market

This real estate market has shown me once again how much money there really is in America. There is a veritable sea of money out there - seemingly endless amounts. Folks with $1.5 million homes in every town in America, and many have +$2.0 million vacation homes. Drive down the Atlantic seaboard fr...
by SmallSaver
Thu Mar 25, 2021 2:33 pm
Forum: Personal Investments
Topic: Why not one index fund instead of three?
Replies: 20
Views: 3452

Re: Why not one index fund instead of three?

It makes me feel like I have something to do with my investments, so I don't scratch that itch in more damaging ways.
by SmallSaver
Thu Mar 25, 2021 12:05 pm
Forum: Personal Consumer Issues
Topic: Engineering - Umich (OOS) - Uva (InState)
Replies: 74
Views: 2989

Re: Engineering - Umich (OOS) - Uva (InState)

Leaving aside the cost question, I will plug the overall experience at UVa. Beautiful campus, good community, good size (big and wealthy enough there's plenty going on, small enough it's not overwhelming and you can walk from one side to the other), strong research & well connected faculty. Over...
by SmallSaver
Wed Mar 24, 2021 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Approved for Personal Loan in 15 minutes
Replies: 12
Views: 1108

Re: Approved for Personal Loan in 15 minutes

I've never had to take a personal loan until today. I needed $30,000 for just 15 days and when I called in to my credit union, I got approved immediately with no income verification, questions about assets, or anything like that. The money is apparently going to be deposited into my bank account wi...
by SmallSaver
Wed Mar 24, 2021 9:42 am
Forum: Personal Consumer Issues
Topic: Engineering - Umich (OOS) - Uva (InState)
Replies: 74
Views: 2989

Re: Engineering - Umich (OOS) - Uva (InState)

Delta of $140k? Who's footing the bill? In either case I'd say UVa, it's a great school. If DC is taking loans, I'd be more emphatic. From what I understand about engineering once you're a few years in no cares as much where your undergrad was, and UVa is definitely well-enough known to have plenty ...
by SmallSaver
Fri Mar 19, 2021 11:42 am
Forum: Personal Finance (Not Investing)
Topic: [Third stimulus payment - mega-thread]
Replies: 366
Views: 26269

Re: Have All 3rd Stimulus Direct Deposits Been Made?

Eligible for all 3 based on 2018, 2019, 2020 tax years take your pick. Got 1 and 2 almost immediately via direct deposit. #3 not here yet and IRS tool still says "Status Unknown". Did file 2020 taxes in late Feb, and have received the refund via direct deposit. No changes in direct deposi...
by SmallSaver
Wed Mar 17, 2021 5:19 pm
Forum: Personal Consumer Issues
Topic: Another laptop thread - value and photos
Replies: 28
Views: 1701

Re: Another laptop thread - value and photos

Thanks everyone, got a few good leads here.
by SmallSaver
Wed Mar 17, 2021 10:57 am
Forum: Personal Consumer Issues
Topic: Another laptop thread - value and photos
Replies: 28
Views: 1701

Another laptop thread - value and photos

Sorry to start another laptop thread, but I've read a few and am still having a hard time. I'm not technology-averse, I just don't follow computer technology anymore and hope I can lean on the experience of the forum. I'm looking to replace a ~10 y/o macbook pro. I'll mainly use it for general offic...
by SmallSaver
Wed Mar 17, 2021 10:00 am
Forum: Personal Consumer Issues
Topic: Selling rare/expensive beanie babies
Replies: 56
Views: 5992

Re: Selling rare/expensive beanie babies

Assuming there is still value in these, the key is going to be to connect with the buyers who see that value. If there is an active Beanie Baby community your friend needs to find out what they use for their marketplace - they need to go where the buyers are. I'd start by figuring out where the BB c...
by SmallSaver
Tue Mar 16, 2021 11:49 am
Forum: Investing - Theory, News & General
Topic: Are we in a housing bubble?
Replies: 298
Views: 37006

Re: Are we in a housing bubble?

This is one of my favorite charts to help explain why we're in such a mess: https://i.imgur.com/nmlHHX1.png We're currently cresting the hill of the largest generation in history, now peaking at the prime age when one moves out of a small city apartment and into the picket-fence house in the suburb...
by SmallSaver
Fri Mar 12, 2021 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: How to deposit a check without endorsing it in the back?
Replies: 31
Views: 3737

Re: How to deposit a check without endorsing it in the back?

Ask your bank? If you explain your situation a teller should be able to help you solve it.
by SmallSaver
Fri Mar 12, 2021 11:32 am
Forum: Investing - Theory, News & General
Topic: Are we in a housing bubble?
Replies: 298
Views: 37006

Re: Are we in a housing bubble?

I don't know if bubble is the right word, but the situation does feel untenable. I'm in western MT and prices are insane, inventory is extremely low, and first time buyers are having a very hard time. I get that I live in a desirable area, but it's rural out here in a way that doesn't really exist ...
by SmallSaver
Fri Mar 12, 2021 10:43 am
Forum: Investing - Theory, News & General
Topic: Are we in a housing bubble?
Replies: 298
Views: 37006

Re: Are we in a housing bubble?

I don't know if bubble is the right word, but the situation does feel untenable. I'm in western MT and prices are insane, inventory is extremely low, and first time buyers are having a very hard time. I get that I live in a desirable area, but it's rural out here in a way that doesn't really exist o...
by SmallSaver
Thu Mar 11, 2021 6:39 pm
Forum: Investing - Theory, News & General
Topic: [GameStop GME trading mega-thread]
Replies: 4570
Views: 230214

Re: [GameStop GME trading mega-thread]

Funny, but sad. Speaking of reading, I read that the median account size for Robinhood accounts was roughly $240. However, what was more frightening is that many of these investors are starting to obtain their investing advice from tiktok and other social media sites. The financial dumbing down of ...
by SmallSaver
Wed Mar 10, 2021 10:10 am
Forum: Investing - Theory, News & General
Topic: 1980s 14%+ Govt. Bonds?
Replies: 67
Views: 3987

Re: 1980s 14%+ Govt. Bonds?

Yes we were able to take advantage of high interest rates in the form of very high mortgage interest rates. Good times! lol Cheers Lol my generation is spoiled with these interest rates, we thank you for enduring those rates for our sake I dunno, buying a house priced for 10% mortgages and refinanc...
by SmallSaver
Thu Mar 04, 2021 3:24 pm
Forum: Investing - Theory, News & General
Topic: Let's remember last year's crash
Replies: 58
Views: 5561

Re: Let's remember last year's crash

Good point, but I also think it's important to not remember it too much and expect that drops like that bounce back in months on the way to new highs. Lots of folks who just got in the game recently may think that's how crashes work and overestimate their risk tolerance.
by SmallSaver
Tue Mar 02, 2021 5:38 pm
Forum: Investing - Theory, News & General
Topic: Any finance professional here?
Replies: 35
Views: 3534

Re: Any finance professional here?

make_a_better_world wrote: Mon Mar 01, 2021 8:40 pm He spent A LOT of time March 2020 talking his clients out of panic selling their equities, which many of them wanted to do.
That's worth 1% easy if someone wouldn't get there on their own.
by SmallSaver
Tue Mar 02, 2021 1:12 pm
Forum: Personal Investments
Topic: investment/ saving for my baby education funds and emergency fund for pets
Replies: 7
Views: 482

Re: investment/ saving for my baby education funds and emergency fund for pets

Welcome to the forum. Do you currently max all available tax advantaged accounts like 401k and Roth IRA? If you don’t, I would think about adding more money to those as part of your college savings for your kid. Definitely think about using Roth IRA because contributions (but not earnings/growth) c...
by SmallSaver
Mon Mar 01, 2021 5:54 pm
Forum: Personal Consumer Issues
Topic: Any Traditionalists on here? (in terms of their home interior)
Replies: 32
Views: 3356

Re: Any Traditionalists on here? (in terms of their home interior)

I'm firmly in the minimalist camp, especially in retirement. It took me many years to realize that you don't own your physical possessions - homes, cars, household property, etc - instead your accumulation of physical stuff owns and controls you - you have to take care of it, insure it, safeguard i...
by SmallSaver
Fri Feb 26, 2021 4:17 pm
Forum: Personal Consumer Issues
Topic: Solar...what am I missing?
Replies: 109
Views: 8238

Re: Solar...what am I missing?

My wife and I are considering adding solar to our home in MA. Due to our house's location, we would need panels on the front, which isn't our favorite, but we are coming around on the cost savings and environmental impact. We have been in this home (our "forever" home) 3 years, redid the ...
by SmallSaver
Thu Feb 25, 2021 1:59 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?

Real estate isn't any less frothy than the stock market right now. In your example it was the appreciation that drove the returns. If you're smart and entrepreneurial I expect you can make money in real estate, but it's a lot more complicated than toss $$ at an out of state rental, sit back, and wat...
by SmallSaver
Wed Feb 24, 2021 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: New or used car?
Replies: 17
Views: 1392

Re: New or used car?

I am looking at a Lexus RX350 because my wife and I are expecting a baby soon and we want a luxury SUV. We do not want to spend alot so Mercedes GLE and BMW X5 are out. Many people, therefore, recommend Lexus as the value luxury play. Many on this forum suggest buying used but I do not see the valu...
by SmallSaver
Wed Feb 24, 2021 10:37 am
Forum: Personal Consumer Issues
Topic: A boat for old knees
Replies: 46
Views: 3546

Re: A boat for old knees

I am sifting through all these excellent suggestions. I am still interested in a packraft. Anyone have any experience, especially with the Alpacka Oryx, a canoe like version? Limited experience with packrafts, but I have been in them a few times. If you are have limited mobility they seem like the ...
by SmallSaver
Sat Feb 20, 2021 6:14 pm
Forum: Personal Consumer Issues
Topic: Personal finance program recommendation
Replies: 29
Views: 2102

Re: Personal finance program recommendation

I looked at the Personal Capital website and I don't get it. It looks like it wants to access all your financial websites and download data, something I would never let Quicken or any other program do. I'm perfectly fine just entering the data myself. I expect all programs like this will want to do...
by SmallSaver
Sat Feb 20, 2021 2:34 pm
Forum: Personal Consumer Issues
Topic: No Heat Foods?
Replies: 92
Views: 4889

Re: No Heat Foods?

As to stoves: One could make a simple alcohol stove out of a tuna can if a stove was needed. One could also make a simple wood burning stove with something like an Ikea Ordning. If one wanted a small portable stove that could burn most any liquid fuel, one could get an MSR XGK. Ha, I forgot about t...
by SmallSaver
Sat Feb 20, 2021 2:32 pm
Forum: Personal Consumer Issues
Topic: No Heat Foods?
Replies: 92
Views: 4889

Re: No Heat Foods?

If you're not a camper, consider a backyard grill with a larger propane tank. Bonus, you can melt snow for drinking water or sanitize tap water under a boil order. I’m not a camper, but I am in the market for an outdoor grill. I’ve wanted a Weber kettle charcoal grill for years and am on the verge ...
by SmallSaver
Fri Feb 19, 2021 3:56 pm
Forum: Personal Consumer Issues
Topic: No Heat Foods?
Replies: 92
Views: 4889

Re: No Heat Foods?

Not exactly what you're asking for, but as a camper I wonder why you would ever need no-heat foods in a power outage? I'm used to carrying a stove and a weeks worth of hot food on my back. You can buy a coleman stove and a rack of propane bottles for probably $100-$150. Then enjoy hot drink and food...
by SmallSaver
Fri Feb 19, 2021 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Free counseling on whether to declare personal bankruptcy?
Replies: 24
Views: 2310

Re: Free counseling on whether to declare personal bankruptcy?

Her bank or credit union may offer free financial counseling. There may be non-profits in her area that do as well. She should speak with someone who has experience in this area and her best interests in mind. That ACCC looks like the right idea, but you'd want to do some due diligence first.
by SmallSaver
Fri Feb 19, 2021 11:16 am
Forum: Personal Consumer Issues
Topic: Pianists - Digital Piano or Keyboard recommendation
Replies: 26
Views: 2007

Re: Pianists - Digital Piano or Keyboard recommendation

I did a bunch of research at a lower price point and the Roland FP-10 was the clear winner at ~$500 and was very good. If you spend more I'm sure the action improves and don't know what the best ~$2000 option is. For a 6 year old the FP10 would be just fine, IMO. As another commenter noted, I think ...
by SmallSaver
Wed Feb 17, 2021 1:38 pm
Forum: Personal Consumer Issues
Topic: Rooftop Solar Plan and Pricing - Feedback?
Replies: 39
Views: 3274

Re: Rooftop Solar Plan and Pricing - Feedback?

I've seen a handful of useful threads here that I've been able to leverage in getting quotes for rooftop solar panels. There is a recent quote we got from a company that was a referral from close friends and has resulted in direction attention from the owner. The extra attention and "special t...
by SmallSaver
Tue Feb 16, 2021 2:36 pm
Forum: Personal Investments
Topic: Nvidia and AMD: Regret and Luck vs. Skill
Replies: 43
Views: 3250

Re: Nvidia and AMD: Regret and Luck vs. Skill

It's always easy looking back. What keeps me honest is the thought exercise "ok, I should have bought TSLA a year ago. What am I willing to gamble significant money on today?" I never have a good answer, so I stick with my indexes.
by SmallSaver
Fri Feb 12, 2021 10:33 am
Forum: Personal Consumer Issues
Topic: Help find an unbiased news source...
Replies: 90
Views: 4616

Re: Help find an unbiased news source...

This will stray close to politics, but there is no such thing as unbiased news, there never was, and being "unbiased" is itself cover for a position that is as ideological as any other. High quality journalism should be factual and accurate, but it has no obligation to present "both s...
by SmallSaver
Tue Feb 09, 2021 6:01 pm
Forum: Investing - Theory, News & General
Topic: Seeing Signs of Market Top?
Replies: 73
Views: 4729

Re: Seeing Signs of Market Top?

It's definitely feeling more and more like a bubble to me, but that's based on gestalt. More to the point, there's a difference between "we're in a bubble" and "we're at the market top." The former doesn't lead to the latter, and unless you know we're at the top, what are you gon...
by SmallSaver
Tue Feb 09, 2021 3:49 pm
Forum: Personal Investments
Topic: How do you stay the course?
Replies: 79
Views: 6449

Re: How do you stay the course?

I just want to say that this thread was the sign I was looking for. I have a few friends at work who are getting into crypto and are trying to convince me to also buy in. I know in my heart I am a buy and holder with a Bogleheads mindset. Apparently, one of my coworkers has made a lot of money off ...
by SmallSaver
Fri Feb 05, 2021 10:52 am
Forum: Forum Issues and Administration
Topic: The front page is ugly
Replies: 226
Views: 28198

Re: The front page is ugly

Never thought about it as ugly or not, but it works great. In the unlikely event of a redesign, don't make it worse!
by SmallSaver
Thu Feb 04, 2021 11:50 am
Forum: Personal Consumer Issues
Topic: Using an unlicensed painting contractor? (California)
Replies: 49
Views: 2118

Re: Using an unlicensed painting contractor? (California)

There's an argument to be made against "excessive" licensure requirements, but more to the point: when hiring contractors I want someone good, and am willing to pay a little more for quality. If a state requires a license, I'd expect most good contractors to get it because they're professi...
by SmallSaver
Tue Feb 02, 2021 4:53 pm
Forum: Investing - Theory, News & General
Topic: International Stock
Replies: 254
Views: 12141

Re: International Stock

Just a note OP, this is a perennial topic here and is basically never off the front page. There are dozens of threads with good info if you search. There is clearly no consensus answer or we we wouldn't keep going over it.
by SmallSaver
Thu Jan 28, 2021 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Solar as an investment like bonds
Replies: 57
Views: 3199

Re: Solar as an investment like bonds

I would assume zero residual value for the system in 30 years, say. Inverters will need to be replaced in 15 years say. Panel performance will deteriorate over time. Say minus 50% over 30 years? There should be better data out there. Investment cash flow is negative value in year 1. Savings includi...