Search found 8648 matches

by bloom2708
Thu May 06, 2021 9:41 pm
Forum: Personal Consumer Issues
Topic: Anyone hate where they live primarily because of the weather?
Replies: 117
Views: 6134

Re: Anyone hate where they live primarily because of the weather?

willthrill81 wrote: Thu May 06, 2021 7:49 pm
We use to live in Grand Forks. I noted that there were four seasons: almost winter, winter, still winter, and road construction.
Grand Forks does have slightly worse weather than Fargo.

Embarrass, Minnesota beats both. 🤭
by bloom2708
Thu May 06, 2021 3:47 pm
Forum: Personal Consumer Issues
Topic: Anyone hate where they live primarily because of the weather?
Replies: 117
Views: 6134

Re: Anyone hate where they live primarily because of the weather?

You guys are killin' me. My ribs hurt from these two posts. Thanks for that. Yeah, I think as I get older my body is rebelling. I go out for the morning paper in February and curse the whole way. Yesterday I put the garbage can out in the morning. It was 27F and windy. Maybe next week will be bette...
by bloom2708
Thu May 06, 2021 2:36 pm
Forum: Personal Consumer Issues
Topic: Anyone hate where they live primarily because of the weather?
Replies: 117
Views: 6134

Re: Anyone hate where they live primarily because of the weather?

Fargo, ND has some of the worst weather, most of the year. Always cold. Except June, July, August. First half of June can be chilly. Hate is not too strong of a word for me and our weather. September and May are sometimes passable. More often cool/cold. 7-8 months of cold or very cold. Oh well. All ...
by bloom2708
Thu May 06, 2021 1:24 pm
Forum: Investing - Theory, News & General
Topic: [Question About Fund Tickers]
Replies: 7
Views: 418

Re: Dum Question

We don't, except for very common tickers.

One common reply is to "edit your post (pencil icon) and add the fund names and expense ratios, please!".
by bloom2708
Thu May 06, 2021 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Former poor kid who has followed guides, but still lost...
Replies: 34
Views: 3831

Re: Former poor kid who has followed guides, but still lost...

C4NT wrote: Thu May 06, 2021 12:56 pm You have 95K in the bank and 5K a month you could throw at the debt.

You should be able to pay it off in less than two years.

Look up Dave Ramsey.

You're fine.
+1

In 1 swoop you could knock nearly 50% off. Keep $5k to $10k for an Emergency Fund until debt is gone. 8% is worth blasting.
by bloom2708
Wed May 05, 2021 2:32 pm
Forum: Personal Consumer Issues
Topic: Toilet Bids
Replies: 53
Views: 4038

Re: Toilet Bids

If the OP is a Costco member, they stock a single piece and a 2 piece toilet. Very reasonable price.

2 button flush, soft close lid, taller sit. WaterRidge is the brand.

Then a handyman could install. Costco usually has a high quality product, good price and little choice (1 piece or 2 piece).
by bloom2708
Wed May 05, 2021 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Wait until 70 to claim SS. Is this always best?
Replies: 68
Views: 4804

Re: Wait until 70 to claim SS. Is this always best?

David Jay wrote: Wed May 05, 2021 11:03 am
bloom2708 wrote: Wed May 05, 2021 10:58 am Would not her .5x be increased by 50% of your .24x increase.
No, OP is correct. Spousal results in a total benefit 50% of PIA, not 50% of age 70 benefit.
Ah yes. Makes sense.
by bloom2708
Wed May 05, 2021 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Wait until 70 to claim SS. Is this always best?
Replies: 68
Views: 4804

Re: Wait until 70 to claim SS. Is this always best?

Would not her .5x be increased by 50% of your .24x increase, so .12 additional on her side as well. It may tweak the recap number a bit. I don't think you are missing anything. It really depends on if you need the money sooner or have plenty of funds for later (70). The goal is to have enough funds...
by bloom2708
Wed May 05, 2021 10:48 am
Forum: Investing - Theory, News & General
Topic: Cryptocurrency in Free Fall
Replies: 344
Views: 28643

Re: Cryptocurrency in Free Fall

GP813 wrote: Wed May 05, 2021 10:37 am Why are there so many crypto threads on Bogleheads.org? There are 4 different threads on the front page of Investing - Theory, News & General.
Top of mind. Front of page.
by bloom2708
Tue May 04, 2021 9:10 pm
Forum: Investing - Theory, News & General
Topic: Cryptocurrency - Bitcoin Continues to Soar!
Replies: 357
Views: 30437

Re: Cryptocurrency - Bitcoin Continues to Soar!

My initial $8000 investment in dogecoin is now worth half a million... I'm in shock :sharebeer Well done. Last fall a friend was ordering a teardrop camper for $20k. At that time we were talking about crypto and various coins and I said you could put that in Dogecoin! We laughed. If he had put the ...
by bloom2708
Tue May 04, 2021 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Good time to buy a new house?
Replies: 18
Views: 1737

Re: Good time to buy a new house?

Ahahaha if its worse than crypto, I must be making some bad decision. I need to move to this neighborhood eventually. Thought of holding onto one property there now. I think things that typically lock you into an area are 1) marriage 2) one or more kids and 3) a solid/steady job career. You want to...
by bloom2708
Tue May 04, 2021 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Good time to buy a new house?
Replies: 18
Views: 1737

Re: Good time to buy a new house?

Not married. No kids. I hate to buy to tear down but the neighborhood doesnt have any lots. I think you have FOMO House Frenzy aka FOMOHF. Phonetically "Foam-off". :D I would even tell you to buy some cryptocurrency over a rental tear down house for $800k. :shock: But, what do I know. May...
by bloom2708
Tue May 04, 2021 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Good time to buy a new house?
Replies: 18
Views: 1737

Re: Good time to buy a new house?

You want to buy an $800k house and rent it out and then tear it down to build a new house on the lot? Interest rates may be low, but "house frenzy" is active in many housing markets. Would a single family home at $800k make a good rental? No. Likely a horrible rental with a $600k mortgage....
by bloom2708
Tue May 04, 2021 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Pay extra on mortgage or ???
Replies: 13
Views: 1440

Re: Pay extra on mortgage or ???

It is kind of a lifestyle choice. Do you have a bunch of bonds earning 1%? 2.35% is a good rate but it is more than 0%. Are you OK with the mortgage or do you want it gone? You have nice pensions and the payment is not straining, so it is really what you want to do. Do you envision having no mortgag...
by bloom2708
Tue May 04, 2021 12:43 pm
Forum: Personal Investments
Topic: Asset Allocation - I need a new plan!
Replies: 20
Views: 1728

Re: Asset Allocation - I need a new plan!

Add an intermediate term, low cost bond index in your 401k. Re-balance to put more in bonds. Example, move to 30% bonds. Leave Roth as all stock index funds. Taxable is stock index funds and near term spending. I would not re-balance by buying only bonds. Get to your right mix and then buy at that m...
by bloom2708
Tue May 04, 2021 12:21 pm
Forum: Personal Finance (Not Investing)
Topic: 1099 vs W2
Replies: 24
Views: 1522

Re: 1099 vs W2

Does Job A allow you to moonlight? Job B may be fine, but Job A might not be so enthused.

With a full time Job A, when do you do Job B? Nights and weekends?

I would verify with Job A and B that it works. Seems like you should be a 1099 employee.
by bloom2708
Tue May 04, 2021 9:40 am
Forum: Personal Consumer Issues
Topic: Ca Expats- do you love your new home?
Replies: 76
Views: 7725

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

If weather is #1 on your list, figure out how to stay where you are.
by bloom2708
Tue May 04, 2021 8:10 am
Forum: Personal Investments
Topic: Saved for downpayment but realized that I don't have any desire to be a house owner.
Replies: 66
Views: 4860

Re: Saved for downpayment but realized that I don't have any desire to be a house owner.

I'd skip the house too.

Use the cash to "full throttle" your 401k, pre-tax, post-tax, maximize ESPP through buy/sell quarterly (if available), increase your taxable account.

Get a few new hobbies and enjoy with all the time and money saved from not buying a house.
by bloom2708
Mon May 03, 2021 12:26 pm
Forum: Investing - Theory, News & General
Topic: Time to lighten up on growth?
Replies: 9
Views: 859

Re: Time to lighten up on growth?

If growth gets clobbered, what will happen to value? Or if US gets clobbered, what will happen to international? I don't see them being un-attached. If you are saying to add more fixed income and sell some ARK, we'll I could see that. Going from 100-0 to 90-10 for example. Due to increases in portfo...
by bloom2708
Mon May 03, 2021 11:00 am
Forum: Personal Investments
Topic: I sold off all my (modest) crypto holdings this morning
Replies: 85
Views: 9294

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

HODL (Hold on for Dear Life) I'm going with a LONG play. I put in $2,000 ~2 months ago. More to just dig in a little. I don't plan on adding any additional $$. $3,000 in gains won't move the needle. Neither would losing the whole $2,000. It might go to -$0. That is OK. You can't win the lottery if ...
by bloom2708
Mon May 03, 2021 10:39 am
Forum: Personal Investments
Topic: I sold off all my (modest) crypto holdings this morning
Replies: 85
Views: 9294

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

HODL (Hold on for Dear Life) I'm going with a LONG play. I put in $2,000 ~2 months ago. More to just dig in a little. I don't plan on adding any additional $$. $3,000 in gains won't move the needle. Neither would losing the whole $2,000. It might go to -$0. That is OK. You can't win the lottery if ...
by bloom2708
Mon May 03, 2021 9:28 am
Forum: Personal Consumer Issues
Topic: HVAC in Texas: how long to use band-aids?
Replies: 61
Views: 3485

Re: HVAC in Texas: how long to use band-aids?

I would go with a) on this one.

You aren't heating and cooling a 5,000 sq ft monster. A new system won't really add much in a 1,250 sq ft smaller home.

With a small place, I'd just fix things until someone says it is no longer fixable.
by bloom2708
Mon May 03, 2021 9:14 am
Forum: Personal Investments
Topic: I sold off all my (modest) crypto holdings this morning
Replies: 85
Views: 9294

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

HODL (Hold on for Dear Life) I'm going with a LONG play. I put in $2,000 ~2 months ago. More to just dig in a little. I don't plan on adding any additional $$. $3,000 in gains won't move the needle. Neither would losing the whole $2,000. It might go to -$0. That is OK. You can't win the lottery if y...
by bloom2708
Mon May 03, 2021 8:45 am
Forum: Personal Finance (Not Investing)
Topic: Input on buying expensive house
Replies: 3
Views: 776

Re: Input on buying expensive house

If you have plenty of money, just go with no mortgage. That is the best strategy. Or the smallest first mortgage you can. Would you pay $40k in interest to save $5k in taxes by getting well over the ~$25k standard deduction for a married couple? Similar to would you give away $50k to save $10k in ta...
by bloom2708
Fri Apr 30, 2021 10:03 pm
Forum: Personal Consumer Issues
Topic: Buying land in subdivision, but build house from scratch
Replies: 27
Views: 2364

Re: Buying land in subdivision, but build house from scratch

With material costs, shortages of many things this could be massively more expensive than the OP thinks.

This would be 101 on my top 100 list of things to tackle.
by bloom2708
Fri Apr 30, 2021 2:32 pm
Forum: Investing - Theory, News & General
Topic: Retiring Early with All Money in Tax-Advantaged Accounts
Replies: 8
Views: 843

Re: Retiring Early with All Money in Tax-Advantaged Accounts

If you do 72T (Substantially Equal Periodic Payments) it sure does help to have some taxable funds to pay taxes and such. Might you stop doing pre-tax and bulk up on cash taxable before you FIRE? If your withdrawal rate is too high to fund everything early, you may run out of money. Early, I'd use a...
by bloom2708
Fri Apr 30, 2021 12:31 pm
Forum: Personal Consumer Issues
Topic: Should I Buy An Electric Car? How Will It Work?
Replies: 64
Views: 2757

Re: Should I Buy An Electric Car? How Will It Work?

It doesn't sound like an all electric as your primary vehicle makes sense right now. In a 2 car household, I can see an all electric as car #2 as very viable. We currently have a Ford Fusion Energi (plug-in model) but it only has a 22-24 mile range for all electric. Then it is a hybrid until you cha...
by bloom2708
Fri Apr 30, 2021 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Is there any reason to use Roth 401k in my situation?
Replies: 15
Views: 927

Re: Is there any reason to use Roth 401k in my situation?

I would stick with pre-tax in your scenario. Will either have a large pension or do you see getting a large inheritance (hard to guess I know)? If your pre-tax balances are in that $1.5 million range, that may be another reason to do some Roth 401k. I am 50 and still doing pre-tax + Regular Roth + H...
by bloom2708
Fri Apr 30, 2021 11:29 am
Forum: Personal Investments
Topic: Quick question on Mega backdoor Roth check
Replies: 5
Views: 423

Re: Quick question on Mega backdoor Roth check

"convert your pre-tax balances to Roth through an in-plan Roth conversion" Hmmm. Well, I would say you are not doing a Mega Back Door Roth then. As it I know it. You are converting pre-tax balances (you will owe the tax on the full amount at your top marginal tax bracket). That is likely ...
by bloom2708
Fri Apr 30, 2021 10:36 am
Forum: Personal Consumer Issues
Topic: Extended Stay Hotel
Replies: 14
Views: 1003

Re: Extended Stay Hotel

Can you rent your current house back from the new owner? Say it will cost $3000 for a month of hoteling (just a guess). Offer $2,500 to stay 1 month longer? The pets could complicate extended stay places, but I'd just start calling and asking if they allow pets and what the rate is. 1 month can turn...
by bloom2708
Fri Apr 30, 2021 10:11 am
Forum: Personal Consumer Issues
Topic: Is FuboTV horrible, or am I doing it wrong?
Replies: 7
Views: 1041

Re: Is FuboTV horrible, or am I doing it wrong?

The UI can be quite different on Roku vs. Fire TV vs Apple TV.

We have some of each kind. Fubo isn't quite as polished/simple as YouTube TV, but it was pretty close.
by bloom2708
Fri Apr 30, 2021 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Ok to contact more than one State Farm Rep?
Replies: 5
Views: 401

Re: Ok to contact more than one State Farm Rep?

Use the Agent Finder on the main page.

https://www.cinfin.com/

Find an independent agent who can understand your needs and shop with multiple providers.

Shopping another State Farm agent wouldn't solve much for me.
by bloom2708
Fri Apr 30, 2021 8:51 am
Forum: Personal Investments
Topic: Eliminating bonds?
Replies: 61
Views: 5933

Re: Eliminating bonds?

Are you 25 or 55 or 75? Some have no bonds, a large emergency fund and some "dry powder". :annoyed Bonds still have their place. The next 20-30% dip you will know why bonds exist. Yes, the value ebbs and flows in a narrower range. Right now, rate pressure is higher and the price of bond fu...
by bloom2708
Fri Apr 30, 2021 8:04 am
Forum: Personal Investments
Topic: Quick question on Mega backdoor Roth check
Replies: 5
Views: 423

Re: Quick question on Mega backdoor Roth check

The "mega" part is moving post-tax to Roth 401k. Moving from Roth 401k to regular Roth is optional on a regular basis. Why not just leave it in Roth 401k until you part with that employer or retire? Then roll the pre-tax to a Rollover Traditional IRA and Roth 401k to your regular Roth IRA?...
by bloom2708
Thu Apr 29, 2021 3:00 pm
Forum: Personal Finance (Not Investing)
Topic: Home affordability and self-employment- 370k house?
Replies: 24
Views: 1465

Re: Home affordability and self-employment- 370k house?

Rent a bigger place. Keep saving/investing. When kid #1 is a "bun in the oven", now you can start to think about buying. Even then you still have 5 years until schools come into the picture. Needs and wants change with time. I'd pay 1,600 by the beach and keep renting. Houses are SOO much ...
by bloom2708
Thu Apr 29, 2021 8:44 am
Forum: Personal Consumer Issues
Topic: Help me buy my son a 5K new used car....
Replies: 55
Views: 3520

Re: Help me buy my son a 5K new used car....

A good $5k car seems to be $8k-$9k today.

https://bemidji.craigslist.org/cto/d/pa ... 51235.html

A pickup like this seems to be $3k more than a year back..which is about right.

You can find gems, it takes work to sift through the super high mileage and rebuilt titles.
by bloom2708
Wed Apr 28, 2021 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Selling business, struggling with valuation
Replies: 30
Views: 1940

Re: Selling business, struggling with valuation

A "free and clear" owned business may operate different from a business with a $400k or $500k loan on it. My father in law sold their family owned lumber yard (free and clear) to a pair of young couples who borrowed $1 million for the business and inventory and buildings. They made it abou...
by bloom2708
Wed Apr 28, 2021 9:38 am
Forum: Non-US Investing
Topic: Question about rebalancing
Replies: 3
Views: 489

Re: Question about rebalancing

When your portfolio is just starting, new buys have a greater impact. So, it may work to "right" your mix with a few new buys. Or with a Roth contribution. As your portfolio grows, this just won't move the needle. At times, you may find your mix "off" quite a bit. Set a reasonabl...
by bloom2708
Wed Apr 28, 2021 8:14 am
Forum: Personal Consumer Issues
Topic: Pour Over Coffee & Bean Grinders
Replies: 39
Views: 3058

Re: Pour Over Coffee & Bean Gringers

Melitta is great for single cup. With a #2 filter. Get a glass/ceramic one. You can make the perfect pour over.
by bloom2708
Wed Apr 28, 2021 8:02 am
Forum: Personal Consumer Issues
Topic: Maybe bought a new car that was sold before
Replies: 28
Views: 2641

Re: Maybe bought a new car that was sold before

A neighbor owns a large car dealership in a town 40 miles away. Him and his wife each take a new car home every day. 80 mile round trip. They have 2 new/different cars parked in the driveway nearly every day. It is one of those things I don't understand. I get it, you are the owner, big man on campu...
by bloom2708
Tue Apr 27, 2021 4:41 pm
Forum: Personal Consumer Issues
Topic: Adequate Speed for Internet Streaming
Replies: 18
Views: 942

Re: Adequate Speed for Internet Streaming

DTalos wrote: Tue Apr 27, 2021 4:40 pm Have multiple TV's, but only 1 TV is streamed at a time. The data cap is 1280GB per month and I never exceed it. I am always way, way, under the cap.
50mb should be quite fine then.
by bloom2708
Tue Apr 27, 2021 4:37 pm
Forum: Personal Consumer Issues
Topic: Adequate Speed for Internet Streaming
Replies: 18
Views: 942

Re: Adequate Speed for Internet Streaming

1 TV or multiple? I think 100mb is a good starting point for 1-2 streams + regular activity/attached devices. 50mb may work fine for 1-2 streams and some other basic activity. If it is cable modem service, speeds can dip in the evening when everyone is home and online, so you may not get 50mb if you...
by bloom2708
Tue Apr 27, 2021 2:51 pm
Forum: Personal Consumer Issues
Topic: Maybe buying house owned by smokers - help
Replies: 36
Views: 2064

Re: Maybe buying house owned by smokers - help

Triple no to a smoker house. It gets in the sheetrock, the wall studs, the insulation, wood floors, ceilings. Do not even go look at it. When my wife's grandma (smoker) passed we inherited a small oak end table. It ended up with my wife's sister. 10 years later if you opened the door you got a blast...
by bloom2708
Tue Apr 27, 2021 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Invest or pay down mortgage
Replies: 4
Views: 430

Re: Invest or pay down mortgage

One idea is to live on the money while you boost retirement savings. Roth IRA, max pre-tax 401k, post-tax 401k to Roth 401k. HSA? Load up on ESPP if your company offers one, rolling buy/sell per quarter? Harvest the 10% or 15% and redo. Your paycheck is smaller, but you fund regular monthly expenses...
by bloom2708
Tue Apr 27, 2021 8:55 am
Forum: Personal Consumer Issues
Topic: Under $10k electric car for HS student?
Replies: 40
Views: 3129

Re: Under $10k electric car for HS student?

A Volt can be had under $10k with reasonable miles.

Consider a Ford C-Max Energi or Ford Fusion Energi. These are the plug in versions but also function as a hybrid once the electric fist battery is drained.

2012 to 2014 Leaf can be purchased quite cheap, but shorter range.
by bloom2708
Tue Apr 27, 2021 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Becoming a multi state household
Replies: 43
Views: 4406

Re: Becoming a multi state household

I can barely keep my 1 yard mowed/maintained. Honey, I'm flying to Texas to mow the yard. Then flying to Florida to mow. Colorado house after that. Be back next week to do it again. :( I think you need to be in the $50 million and up range and have "people" employed to maintain a stable of...
by bloom2708
Mon Apr 26, 2021 2:05 pm
Forum: Personal Consumer Issues
Topic: Getting rid of old furniture
Replies: 21
Views: 1399

Re: Getting rid of old furniture

Nextdoor.com if you want a smaller version of Craigslist.

Facebook Marketplace is also good if you have it.

No holding. No, I can't hold until Friday. I go in order that they contact me. If #1 doesn't/can't come, I move to #2.
by bloom2708
Mon Apr 26, 2021 10:22 am
Forum: Personal Consumer Issues
Topic: What are you listening to now
Replies: 1678
Views: 101429

Re: What are you listening to now

iceport wrote: Mon Apr 26, 2021 9:42 am
bloom2708 wrote: Mon Apr 26, 2021 7:54 am Allison IS part of Birds of Chicago...
Was? Wow.
Tough crowd. IS part of Birds of Chicago. :(

If lucky, there might be <5 people on Boglheads that have heard of Birds. Jimi Hendrix? Yes. Birds of Chicago? Unlikely. :?