Search found 2338 matches

by surfstar
Thu Jan 21, 2021 12:52 pm
Forum: Investing - Theory, News & General
Topic: GMO 7 year forecast for Asset classes
Replies: 19
Views: 856

Re: GMO 7 year forecast for Asset classes

How Did GMO Asset Return Forecasts Actually Turn Out? 2011-2018 https://www.mymoneyblog.com/gmo-asset-return-forecasts-vs-actual-returns-2011-2018.html Some quick and simple observations: US Large-Cap and US Small-Cap stocks did a lot better than forecasted. Compounded over the full 7 years, the di...
by surfstar
Thu Jan 21, 2021 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating Social Security benefits
Replies: 11
Views: 685

Re: Estimating Social Security benefits

Question, is the benefit based that you continue working until that year? Or if you retire now, say 15 years earlier, it would be much less, correct? Correct. They assume you work until drawing SS. There are different calculators that let you estimate benefits if you stop early, though. I remember ...
by surfstar
Thu Jan 21, 2021 11:42 am
Forum: Personal Consumer Issues
Topic: Engagement Ring
Replies: 110
Views: 5081

Re: Engagement Ring

Tiffany is all about the name. But let's be real, so is the cost of the engagement ring - it's all how its perceived that is paramount. Like it or not, there is a real subjective value for many (?most?) for showing this type of expenditure for the engagement ring. Meaning it's more than just a busi...
by surfstar
Wed Jan 20, 2021 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Calculating mortgage interest deduction after a refinance
Replies: 3
Views: 384

Re: Calculating mortgage interest deduction after a refinance

Nevermind - I see you already referenced Pub 936, which should give you the $775k average to use.
by surfstar
Mon Jan 18, 2021 1:29 am
Forum: Personal Investments
Topic: Car note ending, saving for next car
Replies: 29
Views: 2698

Re: Car note ending, saving for next car

I would make the additional contribution to max my 401k, knowing that I had several years to rebuild the car fund and could use Roth contributions if worst came to worst. I second this. Max 401k first. Cash-flow future car payment when/if needed. Boost your retirement accounts early and let compoun...
by surfstar
Sat Jan 16, 2021 10:24 pm
Forum: Personal Consumer Issues
Topic: Real reviews of Gas Hot water heaters
Replies: 31
Views: 2192

Re: Real reviews of Gas Hot water heaters

The whole anode rod replacement thing was unknown to me before bogleheads. I've researched it a bit on TerryLove also, and will not be changing the anode on a recently installed WH. I might drain 1-2x a year, though. Our old one came with the home - it was a 6 year warrantied Rheem and it lasted 12 ...
by surfstar
Sat Jan 16, 2021 9:59 pm
Forum: Personal Consumer Issues
Topic: Secure email provider
Replies: 25
Views: 1784

Re: Secure email provider

Cool. I don't think I'm special enough that anyone cares that much about me, though. I don't purchase items through online ads, either, and access tons of free content - youtube, podcasts, etc. I figure them selling ads using my data is how I 'pay'. *shrug* If I ever did something heinous enough th...
by surfstar
Fri Jan 15, 2021 9:25 pm
Forum: Personal Consumer Issues
Topic: Secure email provider
Replies: 25
Views: 1784

Re: Secure email provider

Gmail does not scan your emails for ads. This concern is overblown. I agree with the technical bits, but disagree with your overall perspective. Chicago a year ago told Google, give us everything you have on this suspect[0]. And as we know, Google keeps everything possible about you, not just email...
by surfstar
Fri Jan 15, 2021 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Intentionally Paying Too Much Taxes to Buy I Bonds
Replies: 30
Views: 2934

Re: Intentionally Paying Too Much Taxes to Buy I Bonds

So that’s twelve separate bonds? 4 x $1000, 1 x $500, 1 x $200, and 6 x $50? Considering I plan to hold on to these for decades, that’s not really ideal. It's not so bad. I have photographs of the bonds (for the serial numbers) electronically stored in two safe places, the serial numbers are stored...
by surfstar
Fri Jan 15, 2021 1:40 pm
Forum: Personal Investments
Topic: Tesla Stock. Need Help? Update
Replies: 59
Views: 5440

Re: Tesla Stock. Need Help? Update

Congrats. This will be quite hard behaviorally. By not listening to the BH advice, you've created even more outsized gains. But - at what point do you lock them in? Hold until retirement? Sell all now? Half now? Tough decisions. Easier for me as I don't hold single stocks. The FOMO isn't that great,...
by surfstar
Fri Jan 15, 2021 1:37 pm
Forum: Investing - Theory, News & General
Topic: Looking for stats: Average/Median age when $1M networth (household) is attained?
Replies: 63
Views: 7637

Re: Looking for stats: Average/Median age when $1M networth (household) is attained?

Lets tease it out more - no inheritances allowed, higher education must be self-funded (scholarships are fine, but parents footing the bill is a large monetary gift), no gifted home down-payment, etc, and rerun the numbers... I'd wager that would increase the median boglehead age a bit and again, a ...
by surfstar
Fri Jan 15, 2021 10:54 am
Forum: Personal Consumer Issues
Topic: Home comfort mystery
Replies: 33
Views: 3357

Re: Home comfort mystery

Just wear layers, save money and the planet. Some things, like winter, require accommodation and acceptance. The winter I spent in Juneau was snowy. The first time we shoveled the roof I complained, but by the second time, I had accepted it as a reality and was much happier (less miserable). This. ...
by surfstar
Thu Jan 14, 2021 11:45 pm
Forum: Investing - Theory, News & General
Topic: On what are you most bullish?
Replies: 194
Views: 9787

Re: On what are you most bullish?

Savings rate.
by surfstar
Thu Jan 14, 2021 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Checking/savings account yielding >1% ?
Replies: 18
Views: 2235

Re: Checking/savings account yielding >1% ?

Capiltal One 360 is offering $400 checking bonus with easy to meet qualifications
https://www.capitalone.com/bonus400/
by surfstar
Thu Jan 14, 2021 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Should I walk away from nice pension? Is it worth it?
Replies: 48
Views: 6376

Re: Should I walk away from nice pension? Is it worth it?

Oh, HECK NO!
Lose all that PTO and pension?

Work-life BALANCE -- as in work shouldn't exceed 50% ;)

Additionally - health insurance costs? Possible retiree healthcare?
by surfstar
Wed Jan 13, 2021 10:26 pm
Forum: Personal Consumer Issues
Topic: time for a new car
Replies: 55
Views: 6630

Re: time for a new car

Assuming the car I want is the exact same price in July as it is now (I know we don’t know for sure but just for discussion sake) do I gain anything from waiting? For example if I want Netflix and I don’t get it until July then I save 6 months of monthly fees. It’s easy to calculate the savings. Do...
by surfstar
Wed Jan 13, 2021 6:14 pm
Forum: Personal Consumer Issues
Topic: Help Me [Recover] My Bitcoin!
Replies: 126
Views: 20593

Re: Help Me [Recover] My Bitcoin!

I just used my 12 word phrase to get me into my blockchain wallet again. However, the .05 bitcoin that I have the address for and is mine is not in my blockchain wallet. My wallet shows that I have zero bitcoin. Any ideas would be appreciated. Maybe it fell out of the wallet - did you check on the ...
by surfstar
Tue Jan 12, 2021 2:12 pm
Forum: Investing - Theory, News & General
Topic: 2020 was a great year for individual stock pickers
Replies: 63
Views: 4747

Re: 2020 was a great year for individual stock pickers

RE: 2020 was a great year for individual stock pickers

This just in: My brother always wins at blackjack when he tells me how he did.
by surfstar
Mon Jan 11, 2021 3:25 pm
Forum: Personal Consumer Issues
Topic: How to remove smoke smell from clothes after a fire?
Replies: 23
Views: 1927

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

My camping clothes would smell of smoke. Then I washed them. Smoke smell gone. Works for wood campfire smoke - is a housefire that different? Sure plastics, etc might burn and have a worse odor. But it was confined to the dishwasher. I'd invest in some air filter/purifiers with activated carbon and ...
by surfstar
Sat Jan 09, 2021 8:26 pm
Forum: Personal Investments
Topic: Where is the best place to put my emergency fund
Replies: 31
Views: 3645

Re: Where is the best place to put my emergency fund

I have 6 accounts of $1k each that earn 5% Netspend + Brinks account for 5 DFCU for #6 DW has the same. That gets us a good chunk of E-fund covered. Now we've been moving the rest from Ally / All America to I bonds. Not sure if those 5% accounts are still available to new customers, and/or if you ca...
by surfstar
Sat Jan 09, 2021 8:18 pm
Forum: Personal Consumer Issues
Topic: Regrets postponing retirement too long?
Replies: 171
Views: 15051

Re: Regrets postponing retirement too long?

I'm 40.

Every day I regret that I am not retired. Unfortunately we don't have the money to FIRE yet.

Why would you work a single day more than you had to? There is an entire world to see and things to do.
by surfstar
Sat Jan 09, 2021 1:15 am
Forum: Personal Finance (Not Investing)
Topic: Weird Phone Conversation with Fidelity
Replies: 56
Views: 5455

Re: Weird Phone Conversation with Fidelity

I have never talked to a financial rep and hope to continue that streak *shrug* Phone calls are so annoying. Luckily 99% of things can be done without them. Usually cancelling a CC after getting a bonus is what causes me to interact with a human from a call center located in another time zone or cou...
by surfstar
Sat Jan 09, 2021 1:10 am
Forum: Personal Investments
Topic: Looking for advice re: buying a bigger home
Replies: 30
Views: 2003

Re: Looking for advice re: buying a bigger home

No one has mentioned this yet: You have a 2 hour commute Only once per two weeks. That should provide a HUGE circle of area to look for a more affordable, larger home, right? If you really can't find a better location and its down to the one home or your current - add a 3/4 bath. Or maybe even a gue...
by surfstar
Thu Jan 07, 2021 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9399
Views: 657347

Re: Refinance Mega Thread

The average U.S. mortgage rate for a 30-year fixed loan fell two basis points this week to 2.65% – the lowest rate in the Freddie Mac’s Primary Mortgage Market Survey’s near 50-year history. This week’s mortgage rate broke the previous record set on Dec. 24. That data is lagging, though. If you're ...
by surfstar
Wed Jan 06, 2021 11:26 pm
Forum: Personal Consumer Issues
Topic: Why do car salesman want to talk to me?
Replies: 63
Views: 6594

Re: Why do car salesman want to talk to me?

I always give my number as ###-867-5309

I think only 1 has been smart enough to get it.
Most email back saying "I tried your number and it doesn't work" - yes, that's the point. Email only.
by surfstar
Wed Jan 06, 2021 5:39 pm
Forum: Personal Consumer Issues
Topic: PSA: Walmart gift card fraudulently drained
Replies: 29
Views: 2618

Re: PSA: Walmart gift card fraudulently drained

another reason to hate GCs

Just give cash. Want more security? Send cash via Venmo, Paypal, Zelle, etc.
by surfstar
Wed Jan 06, 2021 12:15 am
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9399
Views: 657347

Re: Refinance Mega Thread

(cross posting from the LenderFI thread, b/c I shopped a few lenders yesterday and today) Still in process, but I believe we're going with Loan Depot. LenderFI came in great with 2.5%, no cost. Beating Owning.com (2.75% $1200 cost), Interactive Mortgage (2.625% $0), Loan Cabin (2.375% $0 or 2.5% $3...
by surfstar
Tue Jan 05, 2021 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 9399
Views: 657347

Re: Refinance Mega Thread

(cross posting from the LenderFI thread, b/c I shopped a few lenders yesterday and today) Still in process, but I believe we're going with Loan Depot. LenderFI came in great with 2.5%, no cost. Beating Owning.com (2.75% $1200 cost), Interactive Mortgage (2.625% $0), Loan Cabin (2.375% $0 or 2.5% $3...
by surfstar
Tue Jan 05, 2021 2:15 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin, Starbucks or Doordash?
Replies: 59
Views: 3310

Re: Bitcoin, Starbucks or Doordash?

from last year, https://ritholtz.com/2019/04/buy-yourself-a-fking-latte/ It’s a cliché that refuses to die: personal finance guru Suze Orman warned investors last week that if you “waste money on coffee, it’s like ‘peeing $1 million down the drain.’” I disagree, and have repeatedly done so over the...
by surfstar
Mon Jan 04, 2021 11:48 pm
Forum: Personal Consumer Issues
Topic: What is the least expensive way to have a water heater installed?
Replies: 71
Views: 5275

Re: What is the least expensive way to have a water heater installed?

Replaced my own 3 years ago and installed it myself. $600 at Home Depot plus $25 disposal fee at the dump. You don't need to be a brain surgeon. Lots of help on You Tube. This. DIY Took me a better part of the day, as the newer model was slightly different sized and the old one didn't drain complet...
by surfstar
Mon Jan 04, 2021 11:28 pm
Forum: Personal Consumer Issues
Topic: What is the least expensive way to have a water heater installed?
Replies: 71
Views: 5275

Re: What is the least expensive way to have a water heater installed?

Replaced my own 3 years ago and installed it myself. $600 at Home Depot plus $25 disposal fee at the dump. You don't need to be a brain surgeon. Lots of help on You Tube. This. DIY Took me a better part of the day, as the newer model was slightly different sized and the old one didn't drain complet...
by surfstar
Mon Jan 04, 2021 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: Teenager: Any way to NOT put them on car insurance?
Replies: 56
Views: 4859

Re: Teenager: Any way to NOT put them on car insurance?

As long as the teen isn't a driver, why would you be adding them?
by surfstar
Mon Jan 04, 2021 1:41 pm
Forum: Investing - Theory, News & General
Topic: Are Bogleheads dinosaurs when it comes to Bitcoin?
Replies: 270
Views: 11288

Re: Are Bogleheads dinosaurs when it comes to Bitcoin?

corn18 wrote: Mon Jan 04, 2021 1:03 pm Quick page 5 poll: How many BHs have changed their mind based on this thread?
I'd like a pizza right now - does that count?
by surfstar
Mon Jan 04, 2021 1:04 pm
Forum: Personal Investments
Topic: I-Bonds a good idea?
Replies: 48
Views: 5599

Re: I-Bonds a good idea?

The Yelp reviews of TreasuryDirect website all say the website is a nightmare. Is there any other way to buy iBonds, like through a bank or brokerage? Has anyone here had a user-friendly experience w/TD? If one buys paper bonds with their tax refund, is the idea to keep the paper bonds in a safe pl...
by surfstar
Sun Jan 03, 2021 1:02 am
Forum: Personal Finance (Not Investing)
Topic: What did you spend in 2020?
Replies: 204
Views: 12671

Re: What did you spend in 2020?

jhawktx wrote: Tue Dec 29, 2020 8:09 pm
iamblessed wrote: Tue Dec 29, 2020 11:01 am We compare spending every year on the forum. It goes back many years. It's almost a tradition.
Why?
It makes some people feel better about themselves, some people experience jealousy, some indifference, etc - you know, it's a tradition - like thanksgiving.
by surfstar
Sun Jan 03, 2021 1:00 am
Forum: Personal Finance (Not Investing)
Topic: What did you spend in 2020?
Replies: 204
Views: 12671

Re: What did you spend in 2020?

Ugg . .. this is depressing. $271k broken out as follows: $24k mortgage $55k investments $60k expenses (food, utilities, entertainment, car lease, cell phones etc) $17k landscaping project $18k kids college $8k property taxes $6k insurance (auto, home, umbrella, etc) $10.5k FICA/Medicare $10k state...
by surfstar
Fri Jan 01, 2021 1:07 am
Forum: Personal Finance (Not Investing)
Topic: 2020 Net Worth
Replies: 111
Views: 7240

Re: 2020 Net Worth

Another 787,000 Americans filed for unemployment benefits in the week before Christmas, the last snapshot of 2020’s appalling jobs market before the New Year. Unemployment claims have been rising again in recent weeks to their highest levels since the autumn as surging coronavirus rates have slowed...
by surfstar
Thu Dec 31, 2020 11:47 am
Forum: Personal Investments
Topic: How to Re-Title Joint Accounts? (Community Prop State)
Replies: 25
Views: 1748

Re: How to Re-Title Joint Accounts? (Community Prop State)

During our recent mortgage refi's we had to adamantly demand that the deed be corrected to continue our same holding as "community property with right of survivorship". This is in CA, where it can actually have a measurable tax advantage. The title processor didn't know the difference and...
by surfstar
Thu Dec 31, 2020 10:38 am
Forum: Personal Investments
Topic: How to Re-Title Joint Accounts? (Community Prop State)
Replies: 25
Views: 1748

Re: How to Re-Title Joint Accounts? (Community Prop State)

heidim wrote: Thu Dec 31, 2020 10:29 am What's the importance of re-titling accounts to be CPWROS?
Review the links in posts 3 and 4 of this thread.
by surfstar
Wed Dec 30, 2020 7:37 pm
Forum: Personal Investments
Topic: Help Me Decide How and If To Retire Early
Replies: 19
Views: 2426

Re: Help Me Decide How and If To Retire Early

Do I have enough to retire at 50 or should I wait to 55? I own my house and don't have expensive taste. I think $100K a year would be more than enough to survive on. We (40 y/o couple) pay a mortgage in a HCOL area and don't spend $100k/yr. Are you sure of your expenses and or the definition of exp...
by surfstar
Wed Dec 30, 2020 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for relatively Low Net Worth Retirement
Replies: 40
Views: 3126

Re: Advice for relatively Low Net Worth Retirement

Nate79 wrote: Tue Dec 29, 2020 3:50 pm Relatively low net worth? Compared to who, the Vanderbilt's?
I just came in here to see if "low" was over $1mm. Yep.
Check.
Bias confirmed.
:oops:

Not to mention $2620 monthly pension and SS income.
by surfstar
Wed Dec 30, 2020 3:10 pm
Forum: Personal Investments
Topic: How to Re-Title Joint Accounts? (Community Prop State)
Replies: 25
Views: 1748

Re: How to Re-Title Joint Accounts? (Community Prop State)

During our recent mortgage refi's we had to adamantly demand that the deed be corrected to continue our same holding as "community property with right of survivorship". This is in CA, where it can actually have a measurable tax advantage. The title processor didn't know the difference and ...
by surfstar
Wed Dec 30, 2020 3:03 pm
Forum: Personal Investments
Topic: Invest in a family friend's hedge fund?
Replies: 44
Views: 2230

Re: Invest in a family friend's hedge fund?

Tell them that you're going to buy some lottery tickets instead?
by surfstar
Wed Dec 30, 2020 1:54 pm
Forum: Personal Investments
Topic: How to get higher returns with secured loans
Replies: 52
Views: 2581

Re: How to get higher returns with secured loans

Assumptions: 1. This is mid-west or a VLCOL area 2. Much harder to replicate with today's interest rates "15-24% return" oh "and higher" was mentioned in the OP. I just don't see this being a strategy for going forward, unless it is quite risky. I can tell you guys how I made mo...
by surfstar
Wed Dec 30, 2020 1:31 pm
Forum: Personal Investments
Topic: How to get higher returns with secured loans
Replies: 52
Views: 2581

Re: How to get higher returns with secured loans

Assumptions: 1. This is mid-west or a VLCOL area 2. Much harder to replicate with today's interest rates "15-24% return" oh "and higher" was mentioned in the OP. I just don't see this being a strategy for going forward, unless it is quite risky. I can tell you guys how I made mon...
by surfstar
Wed Dec 30, 2020 1:22 pm
Forum: Personal Consumer Issues
Topic: buying a 2021 Toyota Sienna in the next few days
Replies: 34
Views: 2379

Re: buying a 2021 Toyota Sienna in the next few days

RE the Pacifica Hybrid - it is a plug-in which qualifies it for the tax credit. There are usually additional rebate opportunities also: Looks like you can also get a $500 PA rebate and $50 PECO rebate. (kinda low vs what our state and utility offered in CA for a Prius Prime) If $8000 in credit/rebat...
by surfstar
Wed Dec 30, 2020 12:25 pm
Forum: Personal Consumer Issues
Topic: Personal Life Coach
Replies: 58
Views: 4200

Re: Personal Life Coach

I was browsing on-demand streaming options last night and ran across the Penn & Teller Showtime series Bull$#*!. They did an episode on this very topic about 15 years ago. Watching it now, so no opinion yet, but others may be interested. https://www.imdb.com/title/tt0771117/ BS is great! They h...
by surfstar
Mon Dec 28, 2020 3:24 pm
Forum: Personal Consumer Issues
Topic: Best way to price my used car to sell?
Replies: 10
Views: 671

Re: Best way to price my used car to sell?

No matter which you use (NADA, KBB, edmunds, etc)

1. Determine the "trade in" value (or carmax type 'cash')
2. Determine your private party value

Price it in-between and at least high enough to be worth the effort of selling it yourself.