Search found 2406 matches

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: 4939

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: 12039

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: 5773

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: 12808

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: 12808

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: 7388

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: 1804

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: 1804

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: 24
Views: 3507

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: 3209

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: 1804

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: 2289

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: 2661

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: 2661

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: 2528

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: 4297

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: 683

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.
by surfstar
Mon Dec 28, 2020 11:03 am
Forum: Investing - Theory, News & General
Topic: When will you start buying airline and hotel stocks again?
Replies: 53
Views: 3325

Re: When will you start buying airline and hotel stocks again?

Because indexing may make you wealthy when your old and running out of time and energy. I am in my 30s and almost financially independent through index fund investing. I am neither old nor running out of time/energy. So I missing the point. Going for the sky with a small percentage of portfolio can...
by surfstar
Sun Dec 27, 2020 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: New house budget in high prop tax state
Replies: 4
Views: 426

Re: New house budget in high prop tax state

3900 square feet?
I guess everything IS bigger in Texas.

That seems like so much space - to clean, to fill [furnish], to sit unused... etc

Just be sure that you will be happy paying for the size upgrade.
by surfstar
Fri Dec 25, 2020 11:04 pm
Forum: Personal Consumer Issues
Topic: Shade Tree Auto mechanics: couple questions....
Replies: 38
Views: 3081

Re: Shade Tree Auto mechanics: couple questions....

Another user with a positive Lucas PS stop leak report - fixed a power steering leak in an older car years back. Siphon out the PS reservoir. Fill with stop leak. Keep filling if it keeps leaking. Leak fixed and never came back.
by surfstar
Wed Dec 23, 2020 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Running out of cash
Replies: 132
Views: 11459

Re: Running out of cash

I feel like however much you get out of the cash-out refi + a majority of your EF, might be worth investing into something like Vanguard Wellesley Income (VWIAX) - and simply use dividends and shares as needed to make up for your cash flow shortfall. Maybe add I-bonds for a stable cash EF portion to...
by surfstar
Wed Dec 23, 2020 1:36 pm
Forum: Personal Consumer Issues
Topic: Shade Tree Auto mechanics: couple questions....
Replies: 38
Views: 3081

Re: Shade Tree Auto mechanics: couple questions....

Year end sales on Ram trucks - can get into one for $25k +/- ?
vs $35k for a similar Taco

Just a thought.

I'd definitely recommend replacing the headaches of two beaters, with one new truck (or used even).
by surfstar
Wed Dec 23, 2020 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Running out of cash
Replies: 132
Views: 11459

Re: Running out of cash

another vote for #3
If you can get cash out at 2.375% - take as much as you can get!
Seems to solve your cash flow problem and allow you to continue to maximize tax advantages.
by surfstar
Tue Dec 22, 2020 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Protecting my Assets
Replies: 73
Views: 2820

Re: Dating & Protecting Wealth

I'm not sure what the answer is, but I'm pretty sure it's not golf, country clubs, or museums for a person in their 30s. :oops: Disagree. Clubs and museums have young professional groups. I am part of them at both museums and racquet clubs. I would hope that you only go to these things because they...
by surfstar
Tue Dec 22, 2020 5:11 pm
Forum: Personal Consumer Issues
Topic: Luxury clothes
Replies: 146
Views: 11475

Re: Luxury clothes

I think the OP is merely looking for good sources of fine clothing. I recognize that Boglehead groupthink says we should only own second-hand Toyotas, Costco clothing and Casio watches (bought for under $15 on Black Friday). After all, who needs a mechanical watch when the Casio is just as accurate...
by surfstar
Tue Dec 22, 2020 4:49 pm
Forum: Personal Consumer Issues
Topic: Skiing vs Snowboarding for a 12 year old
Replies: 64
Views: 3640

Re: Skiing vs Snowboarding for a 12 year old

If your kid has ever skateboarded and enjoyed it, then definitely snowboarding. Or whichever they have already expressed interest in - let them make the call. Either is fun. To become proficient will require a time investment, which in winter sports also requires a money investment. Worth it, though.
by surfstar
Tue Dec 22, 2020 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1751
Views: 162961

Re: My LenderFi refinance is going well

pianos101 wrote: Tue Dec 22, 2020 2:59 pm Your situation is literally what happened to me earlier in the year. Go with LD, you simply can't ignore that much credit.
Thanks - makes me feel less bad about locking with two lenders!
by surfstar
Tue Dec 22, 2020 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 10053
Views: 710890

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 Dec 22, 2020 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: My LenderFi refinance is going well
Replies: 1751
Views: 162961

Re: My LenderFi refinance is going well

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 (TBD) ...but... Loan Depot - 30 yr 2.5% -$2900 credit towards prepaids (their lender credit covers all fees and ...
by surfstar
Mon Dec 21, 2020 1:09 am
Forum: Investing - Theory, News & General
Topic: Cashflow your goals with investments
Replies: 36
Views: 2650

Re: Cashflow your goals with investments

I invest my time at a job - I don't like working in general, but my investment returns enough cashflow to pay for all of my expenses, includes healthcare and other benefits, and also allows me to save for retirement.
by surfstar
Sun Dec 20, 2020 12:38 am
Forum: Personal Investments
Topic: Gold ETFs keep changing hands
Replies: 17
Views: 1281

Re: Gold ETFs keep changing hands

I agree that in normal times gold is fungible and everything works properly. But people own gold for abnormal times. What if there's a nuclear war, or a government coup, or just a change of law where a government decides to, for example, confiscate American's gold to pay for debts the American gove...
by surfstar
Sat Dec 19, 2020 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Re-fi: 15 vs. 30 year fixed?
Replies: 29
Views: 1801

Re: Re-fi: 15 vs. 30 year fixed?

30 year
put savings into EE bonds purchase each year

guaranteed return that beats your loan rate (plus you might be deducting mortgage interest, making your net/effective rate even lower)

2.375%
With a rate that low, why would you not take it for as long and as much as they'll give ya!?!
by surfstar
Fri Dec 18, 2020 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Take Offer of Intrafamily EF to Payoff Student Loans?
Replies: 24
Views: 1228

Re: Take Offer of Intrafamily EF to Payoff Student Loans?

How long until you can rebuild the EF?
Months? If it isn't that long of a period, it isn't that risky.
by surfstar
Fri Dec 18, 2020 3:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 22322
Views: 2960071

Re: U.S. stocks in free fall

Independent George wrote: Fri Dec 18, 2020 3:41 pm Woooo! Down 1% on payday! I can't remember the last time that happened.
You jinxed it.

...and WTH happened for today's jump, dip and run out of time for the last jump up to positive?
by surfstar
Fri Dec 18, 2020 3:36 pm
Forum: Personal Consumer Issues
Topic: Luxury clothes
Replies: 146
Views: 11475

Re: Luxury clothes

To both of the above posts - what is wrong with sharing (whether critical or not) ones opinion on a subject? If we all did and said the same things within an echo chamber, how would we ever even know that there is another perspective? 100% stocks! vs anything else used Camry vs nothing. there is no ...
by surfstar
Fri Dec 18, 2020 12:25 pm
Forum: Personal Consumer Issues
Topic: Luxury clothes
Replies: 146
Views: 11475

Re: Luxury clothes

I also prefer fit. I just admire a sharp dressed man. I’m sure there is a psychological need that fills for me. My dress shirts cost about $100 each. They’re custom made and not too much more than high quality dress shirt at A nice store. I prefer Omega to Rolex. I don’t own either yet, but will ge...
by surfstar
Thu Dec 17, 2020 7:04 pm
Forum: Personal Investments
Topic: 80/20 10 yrs from Retirement - Where to go from here?
Replies: 27
Views: 2085

Re: 80/20 10 yrs from Retirement - Where to go from here?

Following. We're in a similar situation. ~10 years out from likely ER (ages 50/52). Will have pensions. Only one will start right away, though, the other will be deferred for 5-8 years. Later on, one SS kicks in. I've planned on 80/20 gliding down to 60/40 during these 10 years. We don't plan on rec...
by surfstar
Thu Dec 17, 2020 6:47 pm
Forum: Personal Investments
Topic: 3 Years investment approach
Replies: 6
Views: 648

Re: 3 Years investment approach

3 years? Cash equivalent?

I bonds.
by surfstar
Thu Dec 17, 2020 6:42 pm
Forum: Personal Consumer Issues
Topic: Waste collection (trash) prices
Replies: 56
Views: 2406

Re: Waste collection (trash) prices

We used to have residential trash incinerators. In California. Our prices are reasonable ($45/mo), and we have weekly pickup of all bins (waste, recycle, green), but I wish we could pay less for bi-weekly trash. We don't fill that one often. 2 of us and the 20+ year old compactor in the kitchen stil...
by surfstar
Thu Dec 17, 2020 6:34 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin, Ethereum and Crypto: Educational Thread
Replies: 215
Views: 16901

Re: Bitcoin, Ethereum and Crypto: Educational Thread

Enjoying this thread as I do have interest in learning as I think this can be something one day. I have nothing to contribute other than a response to all the negative responses. I’m sure when we traded foods and stuff, gold was a scam. Can’t eat it right And then when we used gold a lot, the dolla...
by surfstar
Thu Dec 17, 2020 3:55 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin breaks $20,000
Replies: 231
Views: 11281

Re: Bitcoin breaks $20,000

I say this latest spike doesn't sustain above $25,000 and by next summer will be below $20k. Maybe below $10k in 2021.

But, you know, free investing gambling advice is worth the bitcoins that you paid for it.
by surfstar
Thu Dec 17, 2020 12:45 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin, Ethereum and Crypto: Educational Thread
Replies: 215
Views: 16901

Re: Bitcoin, Ethereum and Crypto: Educational Thread

We already have active Bitcoin & Ether threads we don't need a new crypto marketing thread. The internet is drowning in "educational" crypto podcasts from evangelists. Quite confusing how you were promoting Gold before and yet you are bearish on Bitcoin and cryptocurrencies. Did your ...
by surfstar
Thu Dec 17, 2020 12:41 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin breaks $20,000
Replies: 231
Views: 11281

Re: Bitcoin breaks $20,000

So its different this time?

We were in this runup FOMO 3 years ago. Just because the dollar amount is higher, now its different?
I still don't get it.

Where will it be in 6 months? Will it lose half its value again? More? Less?
by surfstar
Thu Dec 17, 2020 12:04 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin, Ethereum and Crypto: Educational Thread
Replies: 215
Views: 16901

Re: Bitcoin, Ethereum and Crypto: Educational Thread

I'm entitling my post "Why?" I'm 40, not averse to new tech/ideas, etc. Am about as cashless a person as can be and have been for years. DD paycheck, CC spending. 95% of the time never a dollar in my wallet. Never saw the need for Google/Apple pay or stuff like that though. CC is easy enou...
by surfstar
Wed Dec 16, 2020 4:44 pm
Forum: Personal Investments
Topic: Short term investment
Replies: 4
Views: 417

Re: Short term investment

I bonds

Despite losing 3 months interest for early withdrawal penalty, the fact that the interest is tax free will likely make them a good choice.
https://www.treasurydirect.gov/indiv/pl ... cation.htm
by surfstar
Wed Dec 16, 2020 12:12 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin breaks $20,000
Replies: 231
Views: 11281

Re: Bitcoin breaks $20,000

Bitcoin made history today as it broke $20,000. Money continues to flow into this “store of value” and there are a number of pension funds and hedge fund managers that are buying up small amounts of crypto each day. I would assume Bitcoin reaches $100,000 in the next three years and it will be used...
by surfstar
Wed Dec 16, 2020 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Help me value a house
Replies: 17
Views: 853

Re: Help me value a house

Clarification- My mother, sister and I discussed this prior to her death. We were all in agreement. My sister bought the house from my mother for $1 after going to a lawyer where he made a "care agreement" stating the house was my sisters because of her years of care for my mother. My son...
by surfstar
Tue Dec 15, 2020 3:32 pm
Forum: Personal Consumer Issues
Topic: Peloton owners, I need your advice!
Replies: 24
Views: 2417

Re: Peloton owners, I need your advice!

My wife and I are going to buy a Peloton soon, the only questions I have are: 1. Is the Bike+ worth the extra $600? 2. Is the 27 month extended warranty for $185 worth it given that we plan to use this thing for 1-2 hours per day, at least 300 days per year? 3. Considering we are new to cycling, we...
by surfstar
Mon Dec 14, 2020 6:09 pm
Forum: Investing - Theory, News & General
Topic: Anyone else hoarding cash right now?
Replies: 230
Views: 26528

Re: Anyone else hoarding cash right now?

I cashed out half of my portfolio in July. I just saw a lot in the data if you look at high unemployment, benefits running out Jul 31st maybe reinstated soon with less benefits which hurt consumers. And either way we are adding debt at a massive level. Money is debt. I’m holding cash and either goi...