Search found 2478 matches

by surfstar
Thu Apr 15, 2021 3:48 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: 68
Views: 5012

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

Tingting1013 wrote: Thu Apr 15, 2021 3:39 pm
sandramjet wrote: Thu Apr 15, 2021 3:33 pm I drive my car about 18-20K miles per year. How does that affect the lease/buy decision?
You should drive less. It’s bad for your health.
Great point and a bike is cheaper than a car. Should I lease the new bike, though?
by surfstar
Thu Apr 15, 2021 3:43 pm
Forum: Investing - Theory, News & General
Topic: Coinbase IPO - anyone tempted?
Replies: 149
Views: 9237

Re: Coinbase IPO - anyone tempted?

Actually, right now it's 14.93%.... :-) Actual rates are here: https://aave.com Perhaps one day the standard Bogleheads portfolio will be 60% stocks, 40% dollar deposits at Aave. Not even joking! You're probably too young, but there's this thing called radio - you can hear advertisements for "...
by surfstar
Thu Apr 15, 2021 3:28 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: 68
Views: 5012

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 surfstar
Thu Apr 15, 2021 3:14 pm
Forum: Personal Finance (Not Investing)
Topic: How close to retirement age would you start to coast instead of grinding it out?
Replies: 81
Views: 7075

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 surfstar
Thu Apr 15, 2021 1:39 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: 68
Views: 5012

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

*ahem* MILES PER YEAR has not been addressed. If you only drive 10k or less miles per year - I suggest: a) a used vehicle will last a long time and be cheaper than leasing b) buy an e-bike, use Uber/Lyft, car rentals as needed and you'll also be spending less This blanket claim of "always the b...
by surfstar
Thu Apr 15, 2021 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Buying a Home in SoCal
Replies: 85
Views: 5300

Re: Buying a Home in SoCal

Spouse is declining moving, except back to Texas where they don’t understand what I do (I looked repeatedly). My old job is not available. There are numerous references to Spouse 1 and 2 not being on the same page. Communication and expectations apparently need more work. Somehow finding the "...
by surfstar
Thu Apr 15, 2021 11:43 am
Forum: Personal Consumer Issues
Topic: Why leasing a new car is always the best option even if you intend to keep it forever
Replies: 68
Views: 5012

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

Sure. Now do that for 18k miles per year driven. You would have to buy out the lease b/c of mileage charges, right?
by surfstar
Thu Apr 15, 2021 11:39 am
Forum: Personal Investments
Topic: Will Inflation pay off my home?
Replies: 49
Views: 5205

Re: Will Inflation pay off my home?

5000 sq ft is a mansion?? 🤔 anyhow....the above comments are a slippery slope....think about it. 5000 sq ft is freaking huge. That's larger than many parcels in a developed city. That's a nice-sized home here in flyover country. Only over 9k square feet or so is considered "big"... Differ...
by surfstar
Thu Apr 15, 2021 11:24 am
Forum: Investing - Theory, News & General
Topic: Question about very long expected returns
Replies: 7
Views: 679

Re: Question about very long expected returns

"forecasters" might as well be throwing darts. I think they'd be more likely to be accurate if they did.
by surfstar
Thu Apr 15, 2021 11:22 am
Forum: Personal Investments
Topic: Will Inflation pay off my home?
Replies: 49
Views: 5205

Re: Will Inflation pay off my home?

Carguy85 wrote: Wed Apr 14, 2021 6:27 pm 5000 sq ft is a mansion?? 🤔 anyhow....the above comments are a slippery slope....think about it.
5000 sq ft is freaking huge. That's larger than many parcels in a developed city.
by surfstar
Wed Apr 14, 2021 4:00 pm
Forum: Investing - Theory, News & General
Topic: Watch out for inflation numbers
Replies: 49
Views: 4939

Re: Watch out for inflation numbers

Woohoo!

Lets inflate our mortgage away! 2.5% for 30 years will be very cheap - sooner or later...

Bring it on!
by surfstar
Wed Apr 14, 2021 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: How close to retirement age would you start to coast instead of grinding it out?
Replies: 81
Views: 7075

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

I can imagine the added stress retiring in your 50s wondering if you'll have enough to live another 40-50 years? Just something to think about for the FIRE posters here. 50s? stress? ha - we'd be too well-off if we wait until then. By 50 (me) / 52 (DW) - we'll have more than enough. Our FIRE dilemm...
by surfstar
Wed Apr 14, 2021 2:52 pm
Forum: Investing - Theory, News & General
Topic: Coinbase IPO - anyone tempted?
Replies: 149
Views: 9237

Re: Coinbase IPO - anyone tempted?

I thought one of the great ideals of crypto is that you don't deal with banks and their fees? Is overpaying transaction fees to use a digital "coin" somehow better than using venmo/paypal/etc? I don't understand this and continue to sit by dumbfounded while more people pour money into &qu...
by surfstar
Wed Apr 14, 2021 1:48 pm
Forum: Investing - Theory, News & General
Topic: Coinbase IPO - anyone tempted?
Replies: 149
Views: 9237

Re: Coinbase IPO - anyone tempted?

I thought one of the great ideals of crypto is that you don't deal with banks and their fees? Is overpaying transaction fees to use a digital "coin" somehow better than using venmo/paypal/etc? I don't understand this and continue to sit by dumbfounded while more people pour money into &qu...
by surfstar
Wed Apr 14, 2021 1:21 pm
Forum: Investing - Theory, News & General
Topic: Coinbase IPO - anyone tempted?
Replies: 149
Views: 9237

Re: Coinbase IPO - anyone tempted?

I thought one of the great ideals of crypto is that you don't deal with banks and their fees? Is overpaying transaction fees to use a digital "coin" somehow better than using venmo/paypal/etc? I don't understand this and continue to sit by dumbfounded while more people pour money into &quo...
by surfstar
Wed Apr 14, 2021 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: How close to retirement age would you start to coast instead of grinding it out?
Replies: 81
Views: 7075

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

The health stuff, though. Ya gotta deal with that, regardless of how hard you're working. If nothing else, you'll be more effective at work if you're healthy. What? ___ that! Stressful job leading to detrimental health. Be sure to work on your health so that you can do your job better. :oops: I do ...
by surfstar
Tue Apr 13, 2021 3:08 pm
Forum: Investing - Theory, News & General
Topic: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“
Replies: 944
Views: 61337

Re: “New Bitcoin Investors Explain Why They’re Buying at Record Prices“

Has anyone minted a "FOMO" cryptocoin yet?

I know if I ever bought into crypto it would be a FOMO coin :oops: own $0 currently
by surfstar
Tue Apr 13, 2021 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Ability to lower mortgage payment after close?
Replies: 5
Views: 472

Re: Ability to lower mortgage payment after close?

Keep the money invested, sell assets as needed.
by surfstar
Tue Apr 13, 2021 10:16 am
Forum: Personal Finance (Not Investing)
Topic: House Building vs. Buying in this Market?
Replies: 21
Views: 2051

Re: House Building vs. Buying in this Market?

Rent.

You don't have to buy a home or build one just b/c you're moving.
by surfstar
Tue Apr 13, 2021 10:13 am
Forum: Personal Consumer Issues
Topic: 10+ year old used cars?
Replies: 51
Views: 3240

Re: 10+ year old used cars?

I am going to give Carvana a shot and look for a 2020 Versa in the $17,000 to $19,000 range. Hopefully I can keep my 09 for another year or maybe more, time will tell. In that range you can buy a new Prius Prime. Need to live in an area where Toyota is offering $5k+ cash/rebate, negotiate $3k deale...
by surfstar
Mon Apr 12, 2021 2:15 pm
Forum: Investing - Theory, News & General
Topic: Ross Gerber (Wealth Management) claims index funds won’t have high enough returns to fund retirement
Replies: 27
Views: 1941

Re: Ross Gerber (Wealth Management) claims index funds won’t have high enough returns to fund retirement

Thought it was interesting just how arrogant some of these active fund managers are and completely oblivious to their inability to predict the future. They're in sales. The "client" is purchasing what they sell. Which of course is not a guaranteed rate of return, only a guaranteed higher ...
by surfstar
Sun Apr 11, 2021 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: How much should I overpay?
Replies: 51
Views: 5189

Re: How much should I overpay?

It's a 4 bedroom house with 3 kids, and 2 of them are sharing a room ... It's not especially uncomfortable now but I think it will start to get that way. You might try some historical perspective. Families in the 1930s with 3 kids in a 1200 sqft house. Somehow, my mother survived/thrived and went o...
by surfstar
Sun Apr 11, 2021 9:53 am
Forum: Personal Consumer Issues
Topic: Comfortable Men's Flip Flops?
Replies: 53
Views: 3633

Re: Comfortable Men's Flip Flops?

I looked up some of the prices of the suggested flippers here in this thread and my mind just broke. My current flip flops are from Roses and I paid $2. A wise person once said to never skimp on mattresses, car tires, or shoes. You spend nearly your entire life on them, in some form or another. Our...
by surfstar
Sun Apr 11, 2021 9:48 am
Forum: Personal Finance (Not Investing)
Topic: How much should I overpay?
Replies: 51
Views: 5189

Re: How much should I overpay?

Buy smaller furniture?

Seriously, what is the current house size and family size?
Get rid of some stuff you don't need and save hundreds of thousands of dollars by not moving...

Just a thought.
by surfstar
Sun Apr 11, 2021 12:22 am
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 236
Views: 20337

Re: Cryptocurrency - Bitcoin Continues to Soar!

Bama12 wrote: Sat Apr 10, 2021 7:45 pm I would add ZIL and VET
This would be an easy late-night sketch where you add in a few that are completely made up instead of actually made up and exist. I'm sure people would still "invest" in them anyways
:oops: Kimmel-Koin coming soon!
by surfstar
Sun Apr 11, 2021 12:12 am
Forum: Personal Finance (Not Investing)
Topic: Using equity in primary home to invest in multiple investment properties
Replies: 30
Views: 2053

Re: Using equity in primary home to invest in multiple investment properties

Joe2116 wrote: Fri Apr 09, 2021 10:42 pm I would also find a property with good cash flow not only to cover the mortgage but also the expenses involved in having a rental and pay for a part of the HELOC.
That sounds so easy and like a guaranteed return!!! Why isn't everyone doing that?
by surfstar
Sat Apr 10, 2021 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone contemplating OLY (One Less Year)?
Replies: 52
Views: 4754

Re: Anyone contemplating OLY (One Less Year)?

We're running the numbers on 5 less years. How much leaner would retirement be if we could bow out in 5 vs 10 years as previously planned. Hoping for 4-5 good years of returns to help... If we can live "cheap" for 4-5 years, it could work nicely. Rent out our place while we travel vs letti...
by surfstar
Fri Apr 09, 2021 3:12 pm
Forum: Personal Consumer Issues
Topic: The Great Swing Set Dilemma
Replies: 56
Views: 4562

Re: The Great Swing Set Dilemma

Normally I'd say don't worry about the kid getting hurt - they recover quickly at young ages (I have fond memories of jumping off all kinds of things when young and never broke a thing!), but the bridge doesn't really add much function at all. Feel free to skip it, as others have suggested.
by surfstar
Thu Apr 08, 2021 10:02 pm
Forum: Personal Investments
Topic: Deciding it it's worth it to buy long-term individual stocks
Replies: 57
Views: 5312

Re: Deciding it it's worth it to buy long-term individual stocks

Nearly all of investments are in index funds. I have a tiny # of safe long term holds like AAPL. Nothing high risk. Is it even worth it to continue buying shares in AAPL, for example? I feel as though the $ might be better spent just continuing with whole market funds and taking advantage of compou...
by surfstar
Thu Apr 08, 2021 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Vote: House or keep buying taxable mutual funds?
Replies: 14
Views: 1036

Re: Vote: House or keep buying taxable mutual funds?

Bill Bernstein offers a rule of thumb that houses are cheap if they cost less than 168x monthly rent. How’s that work in your area? Wow.... if that's a legit rule of thumb I will never, ever buy a home where I live in the Bay Area Bernstein’s number might need to be adjusted for current mortgage ra...
by surfstar
Thu Apr 08, 2021 6:46 pm
Forum: Personal Finance (Not Investing)
Topic: Value of a single mortgage servicer?
Replies: 4
Views: 337

Re: Value of a single mortgage servicer?

$0

Give me the best deal/offer. Fine if it includes escrow also. CA escrow accounts earn 2% :D
by surfstar
Thu Apr 08, 2021 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: Which credit unions offer deposit accounts paying more than 3% interest?
Replies: 80
Views: 7634

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 surfstar
Thu Apr 08, 2021 3:53 pm
Forum: Personal Consumer Issues
Topic: Non-fungible tokens (NFTs): anyone investing in those?
Replies: 246
Views: 17348

Re: Non-fungible tokens (NFTs): anyone investing in those?

HomerJ wrote: Thu Mar 25, 2021 2:42 pm I laughed at the idea of a million dollar Rickroll... :)
Quick - create a million dollar NFT Rickroll!!!
by surfstar
Thu Apr 08, 2021 3:44 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 14553
Views: 1116521

Re: U.S. stocks continue to soar!

OohLaLa wrote: Thu Apr 08, 2021 3:34 pm
jason2459 wrote: Thu Apr 08, 2021 3:01 pm Oh so close. No way 4100 is happening tomorrow.
I'm liking the use of reverse psychology on display. :beer
I totally jinxed it. Opened up a taxable account today. I apologize in advance.
by surfstar
Thu Apr 08, 2021 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Which credit unions offer deposit accounts paying more than 3% interest?
Replies: 80
Views: 7634

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 surfstar
Thu Apr 08, 2021 2:14 pm
Forum: Personal Investments
Topic: How to structure my 401k alongside a new taxable account - VXUS in taxable or 401k?
Replies: 3
Views: 370

Re: How to structure my 401k alongside a new taxable account - VXUS in taxable or 401k?

RE: TLH options... As we hold VTSAX in our Roths and I have an S&P 500 fund in my 457, I have assumed that using VTCLX and VLCAX as TLH partners in taxable would be simplest. Just opened a joint taxable with Vanguard today. :sharebeer I wanted the option to TLH without having to move other funds...
by surfstar
Thu Apr 08, 2021 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Job Satisfaction vs Maximizing Income
Replies: 87
Views: 5868

Re: Job Satisfaction vs Maximizing Income

It is more dependent upon the employee than employer for most (but not all) cases, IMO. Very subjective. I hate working. Never had a job a found enjoyable. Tolerable, maybe, but because I have to make money. If you can "suffer" for substantially more money and FIRE, that could be a meanin...
by surfstar
Thu Apr 08, 2021 12:13 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on AirBnB Charges
Replies: 18
Views: 1562

Re: Advice on AirBnB Charges

You took a risk in booking this, fully knowing COVID was still an issue. If you "feel" like you don't "deserve" to pay, you could cancel the card - as you've stated the full amount has not been charged yet. Think about cancellation policies and/or travel insurance for future book...
by surfstar
Wed Apr 07, 2021 1:54 pm
Forum: Personal Consumer Issues
Topic: The best $10,000 to $15,000 vehicle.
Replies: 42
Views: 3291

Re: The best $10,000 to $15,000 vehicle.

BRAND NEW PRIUS PRIME!!! I don’t drive expensive vehicles. I purchase used vehicles with low mileage and then drive them for at least 10 years. What are some good options for reliability and great gas mileage that you like? If you're in the right area for $5k Toyota rebates/cash on a Prius Prime, y...
by surfstar
Tue Apr 06, 2021 6:56 pm
Forum: Personal Consumer Issues
Topic: 2019 Porsche Macan Excessive Tire Noise: Options?
Replies: 54
Views: 3655

Re: 2019 Porsche Macan Excessive Tire Noise: Options?

Giant (aka wide and low profile) tires designed for performance on a performance vehicle... can equal road noise. Trade off. Drive a more pedestrian vehicle with squishy sidewalls, and you should have less tire noise. The oversized wheels and thin tires are a horrible trend that 99% of drivers do no...
by surfstar
Tue Apr 06, 2021 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Job Satisfaction vs Maximizing Income
Replies: 87
Views: 5868

Re: Job Satisfaction vs Maximizing Income

It is more dependent upon the employee than employer for most (but not all) cases, IMO. Very subjective. I hate working. Never had a job a found enjoyable. Tolerable, maybe, but because I have to make money. If you can "suffer" for substantially more money and FIRE, that could be a meaning...
by surfstar
Mon Apr 05, 2021 2:47 pm
Forum: Investing - Theory, News & General
Topic: Ibond really a good vehicle against inflation
Replies: 56
Views: 4760

Re: Ibond really a good vehicle against inflation

Give two examples here: https://www.amazon.com/gp/product/B00G99WYX2/ref=ppx_yo_dt_b_asin_title_o03_s00?ie=UTF8&psc=1 bought Dec 25, 2020 for 17.50 https://www.amazon.com/gp/product/B014F18ZGU/ref=ppx_yo_dt_b_asin_title_o02_s00?ie=UTF8&psc=1 bought Nov 14, 2020 for 34.95 I think these items...
by surfstar
Mon Apr 05, 2021 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Term life premium
Replies: 10
Views: 859

Re: Term life premium

Those seem in-line.

No health issues, but mine is slightly higher due to activities (rock climbing and SCUBA diving). $495/yr for $500k, 20yr; purchased at age 36 a few years back.
by surfstar
Sun Mar 28, 2021 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: ARM 5 year 1.65% Jumbo would you?
Replies: 14
Views: 1376

Re: ARM 5 year 1.65% Jumbo would you?

Why?

Just because you can do something, doesn't mean you should.
by surfstar
Sat Mar 27, 2021 2:11 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Resources for Patient/Curious Bogleheads
Replies: 272
Views: 13372

Re: Bitcoin Resources for Patient/Curious Bogleheads

All the sheep pile into the highly speculative asset after they see some incredible outperformance and then some start thinking that it should be part of sensible long term strategy. Then the asset crashes and they dump their positions. Rinse, repeat. This was precisely how I thought of Bitcoin unt...
by surfstar
Thu Mar 25, 2021 5:05 pm
Forum: Investing - Theory, News & General
Topic: cFIREsim has been revised and is super easy to use.
Replies: 186
Views: 15963

Re: Cfiresim has been revised and is super easy to use.

Question for folks in this thread: I've made it so "Pension" adjustments have the ability to add an End Year to them. This now raises the question... Is there really any difference between an "Income/Savings" adjustment and an "Pension/Annuity" adjustment? Technically ...
by surfstar
Thu Mar 25, 2021 11:28 am
Forum: Investing - Theory, News & General
Topic: Any decent trend following commodity options out there?
Replies: 14
Views: 1135

Re: Any decent trend following commodity options out there?

000 wrote: Wed Mar 24, 2021 10:02 pm What is "trend following commodities"?
I don't know but hopefully it went long on toilet paper in spring last year.
by surfstar
Thu Mar 25, 2021 11:08 am
Forum: Personal Investments
Topic: Any place better than Marcus (.5%) to park money?
Replies: 25
Views: 2635

Re: Any place better than Marcus (.5%) to park money?

Yes.

Search is your friend.
by surfstar
Wed Mar 24, 2021 8:52 pm
Forum: Personal Consumer Issues
Topic: Whiplash settlement experience?
Replies: 9
Views: 815

Re: Whiplash settlement experience?

Call Handel on the law. I’m sure he will say you have NO CASE.(He always says soft tissue injuries have little settlement value) https://www.handelonthelaw.com/ No competent lawyer can make such a statement without knowing the jurisdiction in question and more detail than what was provided in this ...
by surfstar
Mon Mar 22, 2021 9:28 pm
Forum: Personal Investments
Topic: Considering $1M conversion from TIRA to my Roth. Talk me out of it!
Replies: 58
Views: 4596

Re: Considering $1M conversion from TIRA to my Roth. Talk me out of it!

This is a reply to all of the great responses :thumbsup Thanks. I will need time to digest all completely. First some quick answers: - I am 63 y.o. - I realize the conversion to Roth is ALL Income and pushes up my tax bracket. Re-reading my post appeared differently. Sorry for that. - Converting al...