Search results

Ok, let me be the first one to state the obvious - you are not living on $10k, since you can't discount the car value to $0, ignore insurance / property taxes, discount house maintenance to $0 even when it is performed and so on. Of course, you don't need to spend much on car maintenance on a...

What if you won't get 6.777% annual rate of return that you seem to be planning for?

Once I start counting the tires on our bikes and kids bikes (total of 9.5 bikes), number of tires quickly goes through the roof. We need another metric, like number of tires / person. Otherwise, it is unfair that Kramer can get away with a smaller household number :-).

10-year TIPS are currently 0.5%. I guess I would not be buying them tomorrow after all. After today's FED decision, CDs might be a better choice.

Not entirely correct. You can't liquidate I-bonds at all for the first year (and then it is a 3 months penalty for the first 5). In addition to that, you can't buy I-bonds in an IRA, like I am planning to do with TIPS. Of course, "safety" is nice, but 0.7% / year is a decent bonus. But what...

Why would buying a 10-year Bond and holding it to maturity would hurt? BTW, 10-year TIPS auction is tomorrow. Today's rate on 10-year TIPS is 0.7%. It looks pretty attractive to me and I might participate with a small amount. It definitely beats the current I-bonds.

Are you sure that you can do that with the brokerage CDs as suggested in the OP?

100% in stocks while in retirement? I am impressed at your risk tolerance.

But does the question on the application says: "Were you a smoker?" or "Are you a smoker?" ? If the question is "are you a smoker?" then stop smoking a few weeks before that X-ray is all it should take.

Are you saying that smokers won't be allowed to quit anymore??? And how can a general practitioner know that info anyway? Would not he/she needs an authorization to perform a test? Bottom line: short of forcing everyone to take a test, there is no way for the insurance company to know if a...

What if a smoker checks "No"? How can an insurance company (or anyone else) check if a person is a smoker or not? (I am not a smoker, just a thought). Obesity is probably easier to measure than smoking.

What is so special about Berkshire? It is really a 1 missed hearbeat of an 85(?) year old man away from a huge drop.

I'd also stop contributing to 529 until student loans are repaid.

It is the correct article for the next couple of years (or months)....

Another +1 for Keepass

We will find out in 10-20 years....

I guess I don't understand the question. You are making $125K. Your expenses are $28K. Ok, maybe you are not counting taxes, then it is another $20-30k or so. Where is the rest of the money go if not to savings?

Poor people don't make $125,000 / year....

14MB??? Maybe GB? But even with 14GB, you might be better off looking at the latest USB flash drives, where 32 GB will cost you under $25.

I've put some money into TIPS & Total Bond Market funds on Friday.

Sorry, I've missed the deduction part, just looked at $45K number. Yes, with a taxable income of $35k, Roth is a better option.

Yes, you are correct. But you are single and if you are not contributing to 401K @ work (or not contributing much) then you should be in 25% Federal + State tax bracket. So, in your situation it is better to get tax benefits now, since not many people (and definitely not with your current...

Take a look at Traditional IRA instead of Roth IRA. At least before you are getting married. There is no reason to pay 25% in taxes.

Great quote.

What did P.T. Barnum say?