Personal Finance (Not Investing) • Can I Comfortably Afford a $35k Car?
A 35K used car can easily have a value of 28K in one year. A 35K used car can easily have a value of less than 20K in 3 years, especially when the mileage exceeds 60-70K miles...No, it just flat out...
View ArticleInvesting - Theory, News & General • Has investing conservatively ever...
In any analysis, starting assumptions are so important. I think this thread touches on something that is both critical and often overlooked and therefore provides service to the community.In worst...
View ArticlePersonal Finance (Not Investing) • Share your net worth progression
nothing like you guys detailed analysis, but I will take two weeks off for Christmas, and my net worth should be 300k+ as I come back to the big freezer. if we count a newish car, it is already 300k+...
View ArticlePersonal Investments • When rolling over a traditional IRA to a Roth, can you...
Instead of what you propose, I would propose two steps and transactions. First you convert $75K from IRA to Roth. Then you do a distribution from your IRA of $25K BUT have 100% withheld for taxes....
View ArticlePersonal Consumer Issues • Help evaluating solar proposal
I just signed an agreement for a 9.6kw system with a 10kwh battery backup for $39k total which I'm paying in cash. Farther south than you, so my estimated total production is actually a bit more (I'm...
View ArticlePersonal Investments • Investment math on when parent could consider giving...
Common scenario for the forum but one worth continuing to talk through. All framed around safe withdrawal rates and risk I think.Curious if anyone has a good framework to apply to make things more...
View ArticleInvesting - Theory, News & General • Does Placing Order Before Market...
I don't believe that I hope you aren't somehow submitting market orders for execution in the pre-market though.I submit my EDV orders pre-market as market orders. The 5-10c spread during the day...
View ArticlePersonal Finance (Not Investing) • Bank of America/Merrill Edge - Preferred...
Insurance payments are excluded from any CCR catagory.Not in my experience. My insurance premium to Progressive coded as online, just as another poster reported above. This is also very recent, August...
View ArticlePersonal Investments • Portfolio Advice, please. Retired on Pension
Honestly, it doesn't matter what you are invested in given your spending levels and income. There are no expensive funds in your portfolio. If it were me, I would just do whatever is simplest. That...
View ArticlePersonal Finance (Not Investing) • Question for those who have sinking funds
I am moving $10 K for home repair and auto replacementto a MM Fund in Roth each year. That way, a sudden $30K to $40K withdrawal will not push me into a higher tax bracket.Are you comparing storing...
View ArticlePersonal Consumer Issues • Is there a better hotdog?
Lots of excellent regional hot dog makers in the NY/NJ/CT area. My favorite is Hummel Bros in New Haven. Naturals casings are a must. I’m always amazed that most of the country eats ballpark dogs...
View ArticlePersonal Consumer Issues • My Dad seems lost in retirement. How to support?
Have you considered that maybe he isn’t lost or in a funk, but is doing exactly what he wants to do? Why do you feel the need to tell him what a relaxing retirement looks like? Is he asking for your...
View ArticlePersonal Finance (Not Investing) • Can Reasonably Well Off Elderly Mom Afford...
I haven't read all of this yet, but $6K rent in an MCOL? That must be a pretty large place. Is there a way you can improve her current house to possibly add some features she would like? Most seniors...
View ArticlePersonal Investments • New Vanguard ETF Investing Service - Vanguard Info...
are you distributing from this fund or others?if you have extra money that has no immediate or short term purpose, you can always invest money. Whether VGT is the right fund to invest in is another...
View ArticlePersonal Investments • Airport Development Project
I'm a little confused. Are you already out $80K in development costs? If not, just bid what you think it's worth. Appraisals are a soft science at best. If its over-appraised, you're probably better...
View ArticlePersonal Finance (Not Investing) • How to Pay for Medical School
... And you mentioned having no interest in ever marrying or even dating...OP's married.I don't particularly like my spouse to begin with, so I couldn't imagine sleeping next to her. Separate beds are...
View ArticleInvesting - Theory, News & General • 2024 Overconfidence - Let’s have a...
I am just finishing reading a book called “The Great Depression: A Diary” by Benjamin Roth. It is a book of diary entries in real time during this tumultuous time period. It is extremely eye-opening....
View ArticlePersonal Investments • Why do people buy annuities?
The spia doesn’t go up in payments over time. The “4% rule” includes adding inflation every year.Late 80s I’ll take the inflation risk. 60s I’ll take 4% rule.I recall couple of studies showing around...
View ArticlePersonal Consumer Issues • Help understanding new car purchase
Interesting that you mention doc fees. Pretty much every dealer has included this fee in their quote, and it’s around $475 on average. Are you saying these fees are negotiable?The final purchase price...
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Personal Consumer Issues • Car thread: Kia ev9 vs. Toyota grand Highlander...
I have a lease quote for the ev9 light long range:$3k down and $437 a month for 24 months.The selling price, before discounts is $61k. Way too high when it seems invoice and truecar are down at...
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