Search found 2545 matches

by surfstar
Wed May 05, 2021 4:06 pm
Forum: Personal Consumer Issues
Topic: Kitchen faucet selection
Replies: 35
Views: 1499

Re: Kitchen faucet selection

"And, as we enter the kitchen, you'll see that all our faucets, and our garbage disposal (opens cabinet to show garbage disposal) have been designed by Andy Warhol. We felt that the artistic expression exhibited each time we ran the disposal was well worth the $3,499 cost (pre-installation).&q...
by surfstar
Wed May 05, 2021 12:46 pm
Forum: Personal Consumer Issues
Topic: Kitchen faucet selection
Replies: 35
Views: 1499

Re: Kitchen faucet selection

That sounds like a car purchase, not a faucet... I'd be doing a $200 or less Moen or Delta. Good luck, sounds like quite a thing. Largely in agreement. I don't know what 1500 gets you over 2, 3, $500 will. Our 2-300 faucet has the pull down, magnetic "lock", some upgraded internals, and s...
by surfstar
Wed May 05, 2021 9:42 am
Forum: Investing - Theory, News & General
Topic: I Bonds variable rate @ 3.54% in May
Replies: 177
Views: 23308

Re: I Bonds variable rate @ 3.54% in May

Another person that counts I-Bonds as "both" EF/FI allocation. :sharebeer
by surfstar
Tue May 04, 2021 4:58 pm
Forum: Personal Investments
Topic: I sold off all my (modest) crypto holdings this morning
Replies: 85
Views: 9156

Re: I sold off all my (modest) cryto holdings this morning

My "money" is on the crypto crash triggering the next recession.

It's too hard to get a mortgage now vs 2004. But you can buy crypto on margin/leverage/blind faith. But so far I'm wrong. *shrug*
by surfstar
Tue May 04, 2021 4:50 pm
Forum: Investing - Theory, News & General
Topic: I Bonds variable rate @ 3.54% in May
Replies: 177
Views: 23308

Re: I Bonds variable rate @ 3.54% in May

Well, here we are. I've went through the whole boojum snark initiation ritual and I am now an I series bond enthusiast. Made my first large I-Bond purchase yesterday. :D You could have waited until the 28th... Yes! You lost out on like $4 of HYSA interest!!! (lol we're buying later this month when ...
by surfstar
Tue May 04, 2021 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: Ca Expats- do you love your new home?
Replies: 68
Views: 6580

Re: Ca Expats- do you love your new home?

I love California! The weather is fantastic and we live near both mountains and ocean. But alas, I'm not sure that we will stay in retirement due to tax un-friendliness and HCOL. Our $1m 1500 sq. ft. home could buy us a nicer home with plenty leftover, I reckon. We want to live somewhere without ha...
by surfstar
Mon May 03, 2021 6:23 pm
Forum: Investing - Theory, News & General
Topic: The Power of Working Longer
Replies: 483
Views: 34974

Re: The Power of Working Longer

Purely anecdotal, but everyone I know who retired very early seems to have deteriorated in health rapidly. It seems like it's hard for most folks to maintain their purpose in life without work. It sounds sad but I know it is true for me too. So I think that is one benefit to working longer (at leas...
by surfstar
Mon May 03, 2021 11:53 am
Forum: Personal Investments
Topic: I sold off all my (modest) crypto holdings this morning
Replies: 85
Views: 9156

Re: I sold off all my (modest) cryto holdings this morning

Digital Horses Are the Talk of the Crypto World https://dnyuz.com/2021/05/01/digital-horses-are-the-talk-of-the-crypto-world/ If this isn't a bubble, I don't know how we go forward with stuff like this being the "new normal" - it seems insane. I feel dumber for having read that ...and yet...
by surfstar
Mon May 03, 2021 11:25 am
Forum: Personal Consumer Issues
Topic: Ceramic Pro Car Coatings: (other car coatings by detailing shops) Legit or waste of $$$$ ????
Replies: 30
Views: 2742

Re: Ceramic Pro Car Coatings: (other car coatings by detailing shops) Legit or waste of $$$$ ????

If you care about the car's appearance - personal or for resale - maybe it is "worth" it? But, I would think that $1200 could be used to pay for 2-3 well-done professional detailings during your vehicles life. The last being before selling/trading. That might get you a higher resale, so pe...
by surfstar
Mon May 03, 2021 11:19 am
Forum: Personal Investments
Topic: I sold off all my (modest) crypto holdings this morning
Replies: 85
Views: 9156

Re: I sold off all my (modest) cryto holdings this morning

Digital Horses Are the Talk of the Crypto World
https://dnyuz.com/2021/05/01/digital-ho ... pto-world/

If this isn't a bubble, I don't know how we go forward with stuff like this being the "new normal" - it seems insane.
by surfstar
Thu Apr 29, 2021 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Cash flow dilemma, sell brokerage funds vs reduce 401K contributions?
Replies: 28
Views: 1774

Re: Cash flow dilemma, sell brokerage funds vs reduce 401K contributions?

How new of a baby? As in you haven't realized the tax savings that you will get? Is it possible that EIC and deducting a dependent could cover your cash flow shortage?
by surfstar
Thu Apr 29, 2021 12:39 am
Forum: Investing - Theory, News & General
Topic: Prove Me Wrong: Cryptocurrencies are NOT good investments
Replies: 627
Views: 30966

Re: Prove Me Wrong: Cryptocurrencies are NOT good investments

Ok, so maybe crypto isn't a pyramid scheme, but it sure is starting to sound like MLM.
by surfstar
Wed Apr 28, 2021 4:55 pm
Forum: Personal Investments
Topic: Should I be worried about my <20% margin in IB?
Replies: 7
Views: 907

Re: Should I be worried about my <20% margin in IB?

Is your home paid off? Take out a 15 yr mortgage and invest it. Use your home equity for leverage. No margin issues. You'll have a paid off mortgage in time for your proposed retirement date still.
by surfstar
Wed Apr 28, 2021 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: Are my expenses too high?
Replies: 130
Views: 11614

Re: Are my expenses too high?

Many years ago, I had a boss that earned more than me. I know what he earned because it was easily figured out. He always complained that his wife spent too much. He took away her credit cards, she got new ones. He closed the accounts, she opened private store accounts.... Always complaining about ...
by surfstar
Wed Apr 28, 2021 3:03 pm
Forum: Personal Consumer Issues
Topic: Seat covers for a new car?
Replies: 13
Views: 715

Re: Seat covers for a new car?

Be very careful, some seats have the side airbags built into the seat. Even if the seat cover says that they are compatible with airbags I would not trust them to be correct. If the airbag does deploy then it might not work correctly but in addition if it is constrained by the softcover it could ev...
by surfstar
Wed Apr 28, 2021 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Are my expenses too high?
Replies: 130
Views: 11614

Re: Are my expenses too high?

TL;DR - you're fine Basically you're trading saving extra money for...? FIRE? ___? Instead of that, you're having kids. Worst case, you have to work longer, as you might not be able to continue to max out retirement accounts with a 2nd kid. But you might be able to, with pay increases, as your mortg...
by surfstar
Tue Apr 27, 2021 8:49 pm
Forum: Investing - Theory, News & General
Topic: Crypto alt coins- what exactly are you buying?
Replies: 100
Views: 6685

Re: Crypto alt coins- what exactly are you buying?

So...

crypto crash will trigger the next economic downtown.

Gen Xers had overvalued homes with income stated loans. Gen Z and Millennials will have 0s and 1s and $0.
by surfstar
Tue Apr 27, 2021 7:07 pm
Forum: Personal Investments
Topic: Hoping to avoid a wash sale headache
Replies: 12
Views: 651

Re: Hoping to avoid a wash sale headache

VTCLX - 851 companies Tax-Managed Capital Appreciation Fund Admiral Shares VLCAX - 560 companies Large-Cap Index Fund Admiral Shares https://investor.vanguard.com/mutual-funds/profile/VLCAX https://investor.vanguard.com/mutual-funds/profile/vtclx Close enough to a Total Stock / S&P500 for our u...
by surfstar
Tue Apr 27, 2021 3:25 pm
Forum: Personal Investments
Topic: Hoping to avoid a wash sale headache
Replies: 12
Views: 651

Re: Hoping to avoid a wash sale headache

VTCLX - 851 companies Tax-Managed Capital Appreciation Fund Admiral Shares VLCAX - 560 companies Large-Cap Index Fund Admiral Shares https://investor.vanguard.com/mutual-funds/profile/VLCAX https://investor.vanguard.com/mutual-funds/profile/vtclx Close enough to a Total Stock / S&P500 for our us...
by surfstar
Tue Apr 27, 2021 3:16 pm
Forum: Investing - Theory, News & General
Topic: Crypto alt coins- what exactly are you buying?
Replies: 100
Views: 6685

Re: Crypto alt coins- what exactly are you buying?

What, no Egod speculators in here?
by surfstar
Tue Apr 27, 2021 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: PSLF, qualified payments, lawyer needed?
Replies: 4
Views: 453

Re: PSLF, qualified payments, lawyer needed?

My wife had to sort out the paid ahead status and payments not applied. It took a few calls over a decent amount of time to get sorted. Appears correct now and hopefully it won't be an issue when applying for the "F" next year! Fingers crossed... Just keep trying. Escalate to a supervisor ...
by surfstar
Tue Apr 27, 2021 1:57 pm
Forum: Investing - Theory, News & General
Topic: Series I Bonds instead of Cash/EF?
Replies: 26
Views: 2372

Re: Series I Bonds instead of Cash/EF?

Am I alone?
I'm worried about all of the I-bonds attention of late. Doesn't anyone remember the first rule of Fight Club?
by surfstar
Tue Apr 27, 2021 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: Invest or pay down mortgage
Replies: 4
Views: 424

Re: Invest or pay down mortgage

Well, for one the RE market seems very crazy right now to be thinking of purchasing a rental property.

So I'd say invest it, if your current mortgage rate is below 2.5%. If above 3%, pay off the mortgage. In-between? Spilt the difference.
by surfstar
Tue Apr 27, 2021 1:07 pm
Forum: Personal Consumer Issues
Topic: looking to buy a new car, can I time the car market
Replies: 34
Views: 2976

Re: looking to buy a new car, can I time the car market

1. It is obviously a great time to sell. That is easy to time currently. 2. Depending on what you're looking to buy, new car prices are not ALL fully impacted yet. It varies by make/model. And going forward... that's the unknown. Prices may be higher for 1-2 years? Maybe they'll drop back to pre-chi...
by surfstar
Tue Apr 27, 2021 10:16 am
Forum: Personal Investments
Topic: Investing in Private Equity Fund
Replies: 32
Views: 2458

Re: Investing in Private Equity Fund

Two income household. Have 850,000 saved in cash in the bank that wife and I are now trying to invest (remaining 1,650, 000 in our portfolio is already invested across various funds). We are trying to achieve FIRE in 10 to 15 years. You could FIRE now. It is all about expenses . Work on those (need...
by surfstar
Mon Apr 26, 2021 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a Home in SoCal
Replies: 146
Views: 12568

Re: Buying a Home in SoCal

With no kids to worry over, it may be best for a clean break and restructuring of your life. There is no better time than now! Change can be hard to make, but in hindsight you will wonder why you waited.

Best of luck to all your future endeavors!
by surfstar
Mon Apr 26, 2021 11:38 am
Forum: Personal Consumer Issues
Topic: In the market for new dishwasher -- what should I know? Installation fees?
Replies: 37
Views: 2133

Re: In the market for new dishwasher -- what should I know? Installation fees?

RE: noise - we run ours overnight, never an issue in a small home with open kitchen. (20 years old D/W too, I'm guessing)
We don't have a time of use electrical plan either, we're just nice to the grid.
by surfstar
Mon Apr 26, 2021 11:33 am
Forum: Personal Consumer Issues
Topic: Getting rid of old furniture
Replies: 21
Views: 1397

Re: Getting rid of old furniture

Real wood furniture should go quickly on Craigslist - even quicker when it is free!

Unless you live in a gated community or the boonies, try doing a CL "curb alert" and it should be gone within a day.
by surfstar
Sun Apr 25, 2021 10:06 pm
Forum: Personal Consumer Issues
Topic: When to change automatic transmission fluid
Replies: 62
Views: 4360

Re: When to change automatic tramission fluid

Somewhere between often and never. Your owner's manual might nail it down a little tighter than that. :D
by surfstar
Sun Apr 25, 2021 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Any way to find out your refinanced rate beforehand?
Replies: 9
Views: 752

Re: Any way to find out your refinanced rate beforehand?

View the giant refinance mega thread - we got a great rate (and credits) with LoanDepot.
No brainer to refi a 4.99% - enjoy the savings!
by surfstar
Sun Apr 25, 2021 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Options to avoid/limit capital gains on home with substantial appreciation?
Replies: 11
Views: 1033

Re: Options to avoid/limit capital gains on home with substantial appreciation?

Are the amount of taxes going to negate all of your gains? No. Would you have preferred that your home didn't appreciate so much that you have to pay capital gains? No. Are there potential run-arounds requiring much work to save on taxes? Possibly. See above. Is that worth the effort? Up to you to d...
by surfstar
Sun Apr 25, 2021 9:41 am
Forum: Personal Investments
Topic: Downside protection from a protracted bear market in retirement - your plan
Replies: 79
Views: 6157

Re: Downside protection from a protracted bear market in retirement - your plan

UpperNwGuy wrote: Sun Apr 25, 2021 8:58 am
surfstar wrote: Sun Apr 25, 2021 8:50 am Be wary of owning too many bonds/FI: viewtopic.php?f=2&t=347135
Also be wary of having too few bonds.
Agreed. Goldilocks portfolio - the just right mix of stocks:bonds.
by surfstar
Sun Apr 25, 2021 8:48 am
Forum: Personal Consumer Issues
Topic: Did I get shilled on Ebay?
Replies: 43
Views: 6433

Re: Did I get shilled on Ebay?

Sniping.

Yes, bid as high as you want to go, but at the very last second - if you want the best chance for the best price.

If it was only a single, other bid for $90, it doesn't seem like shilling offhand. If it was a few lower bids to ramp the price up, maybe.
by surfstar
Sun Apr 25, 2021 8:31 am
Forum: Personal Finance (Not Investing)
Topic: How do you stop moving your goalpost ?
Replies: 88
Views: 7668

Re: How do you stop moving your goalpost ?

I'm talking about retirement readiness here. For a couple years running, I hit what I think is a reasonable number, knowing I have a pretty good handle on my retirement expenses. 58, pension coming, and SS at 70. I'm looking at a 4% draw for ages 58-70 and less than 2% after 70. I just can't seem t...
by surfstar
Sat Apr 24, 2021 3:37 pm
Forum: Investing - Theory, News & General
Topic: Find the Dividend: Can You Identify Where a Dividend Payment Affected Equity Price?
Replies: 98
Views: 6024

Re: Find the Dividend: Can You Identify Where a Dividend Payment Affected Equity Price?

Chip wrote: Sat Apr 24, 2021 3:22 pm So the argument has now morphed from dividends not affecting stock prices to dividends exercising restraint on incompetent management.

Okay. Glad we cleared that up about the effect on stock prices.
From mental accounting to mental gymnastics.
by surfstar
Fri Apr 23, 2021 5:46 pm
Forum: Investing - Theory, News & General
Topic: Recommend a good intro to cryptocurrency
Replies: 78
Views: 5092

Re: Recommend a good intro to cryptocurrency

Wait, can't the US Gov simply have a similar ledger for USD? Negating the need for "the respective blockchain network (Ether for Ethereum, BSC for Binance Smart Chain,etc), so many of them do have function." And seeing how everyone seems to value these things relative to the USD anyways, ...
by surfstar
Fri Apr 23, 2021 5:38 pm
Forum: Investing - Theory, News & General
Topic: Recommend a good intro to cryptocurrency
Replies: 78
Views: 5092

Re: Recommend a good intro to cryptocurrency

How much should Gold be worth? (almost) same issue True to a certain extent. Gold has 5000+ years of credibility as the store of value. What do cryptocurrencies have? Not sure if you read my response, but cryptocurrencies are needed if you want to use the respective blockchain network (Ether for Et...
by surfstar
Fri Apr 23, 2021 5:35 pm
Forum: Investing - Theory, News & General
Topic: Recommend a good intro to cryptocurrency
Replies: 78
Views: 5092

Re: Recommend a good intro to cryptocurrency

Could you guys please recommend a non-sales pitch and honest intro for cryptocurrencies? If you want an alternate opinion from a well-respected source, go to White Coat Investor’s website and read/listen to the post from April 22. I can’t say anymore than that because any mention of the specific bo...
by surfstar
Fri Apr 23, 2021 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Moving Away from California - How Much Do You Save Retiring To a Low Cost Area?
Replies: 148
Views: 17411

Re: Moving Away from California - How Much Do You Save Retiring To a Low Cost Area?

We saved money by moving back to California (San Diego). We had a low property tax base ($4k now), and California income tax is progressive enough that we don’t pay much state income tax. Some years we pay zero. Keep in mind it’s not just taxes and housing cost. It’s the cost of heating and air con...
by surfstar
Thu Apr 22, 2021 3:54 pm
Forum: Investing - Theory, News & General
Topic: Is Cathie Wood a bad influence to our younger generation?
Replies: 65
Views: 5584

Re: Is Cathie Wood a bad influence to our younger generation?

teelainen wrote: Thu Apr 22, 2021 2:29 pm My nephew and all his friends seem to worship her.
Funny terminology. Do they know her beliefs and follow/agree with them?
by surfstar
Thu Apr 22, 2021 3:24 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: 15399

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

What about dings and dents? If you lease, you'll get charged for repair upon turn in. Own and you can decide whether or not to fix it. OP needs to retitle thread. Owning a new car is always the best option if you intend to keep it forever If you change your cars every three years and don't care abou...
by surfstar
Thu Apr 22, 2021 1:40 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 15046
Views: 1160002

Re: U.S. stocks continue to soar!

Tbh this is a buying opportunity imo. Not rational to sell off on the news. Why irrational? Higher capital gains taxes basically means the risk to reward ratio for stocks has become worse. Seems rational to now demand a higher earnings yield. Because it doesn't impact 99% of Bogleheads & invest...
by surfstar
Thu Apr 22, 2021 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Crazy Situation - Acura Dealer Gave Me Car With Wrong VIN Number - Wants to Swap Cars?
Replies: 115
Views: 8687

Re: Crazy Situation - Acura Dealer Gave Me Car With Wrong VIN Number - Wants to Swap Cars?

Funny story. Just make sure the VIN is correct this time and then enjoy your 2nd new car this year. I think I will now add "Verify VIN is correct" to my list of things to do when buying a car. It never would have dawned on me to be concerned about this but given this person's experience i...
by surfstar
Thu Apr 22, 2021 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: What Were Your Regrets after Retiring? (serious question)
Replies: 311
Views: 37674

Re: What Were Your Regrets after Retiring? (serious question)

I must admit I am very envious of people who are easily able to fill their days in retirement. I have zero understanding of what they are doing to fill their days. The classic Catch-22 - if you are so driven in work/success/career that you accumulate a large amount of money and could FIRE - you are...
by surfstar
Thu Apr 22, 2021 12:03 pm
Forum: Investing - Theory, News & General
Topic: Buying any bonds is timing the market... as long as bonds pay less than savings accounts
Replies: 26
Views: 2179

Re: Buying any bonds is timing the market... as long as bonds pay less than savings accounts

BHs nitpicking between 0.5% HYSA and 1.x% Treasuries as "timing" - LOL

The difference is not going to make or break someone's retirement planning or provide for a splurge purchase in retirement.


Refreshing though, compared to the crazy crypto hype of late.
by surfstar
Thu Apr 22, 2021 11:19 am
Forum: Investing - Theory, News & General
Topic: Long Term Future of Oil and Natural Gas?
Replies: 36
Views: 1826

Re: Long Term Future of Oil and Natural Gas?

Yes, unfortunately plastics will be around for many hundreds of years - as waste. We are moving away from oil, gas and plastics. It won't be cheap and/or easy, but it seems like a movement that will take hold. Sure some developing countries will continue to use fossil fuels, but it seems likely that...
by surfstar
Thu Apr 22, 2021 9:25 am
Forum: Personal Finance (Not Investing)
Topic: What Were Your Regrets after Retiring? (serious question)
Replies: 311
Views: 37674

Re: What Were Your Regrets after Retiring? (serious question)

JoeRetire wrote: Thu Apr 22, 2021 8:26 am
KlangFool wrote: Thu Apr 22, 2021 8:16 amIt is just a job. You are paid to do it. There is nothing more or less to it.
For most people, there is more to work than just getting paid.
No. I think you have it backwards. For some people.
by surfstar
Thu Apr 22, 2021 9:25 am
Forum: Personal Finance (Not Investing)
Topic: What Were Your Regrets after Retiring? (serious question)
Replies: 311
Views: 37674

Re: What Were Your Regrets after Retiring? (serious question)

I must admit I am very envious of people who are easily able to fill their days in retirement. I have zero understanding of what they are doing to fill their days. The classic Catch-22 - if you are so driven in work/success/career that you accumulate a large amount of money and could FIRE - you are...
by surfstar
Wed Apr 21, 2021 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: What Were Your Regrets after Retiring? (serious question)
Replies: 311
Views: 37674

Re: What Were Your Regrets after Retiring? (serious question)

A source of social status. There's just no getting around it that in most of the world saying "I own my own company" or "I'm a rocket scientist" gets you a better reaction than "I'm retired". Some people struggle with the adjustment. A lot of people seem to really stru...