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I haven't looked into it, but don't think the electric cost would be too much. At most we're talking 2-3 hours a week usage. We also have solar. That said, I think I'm going to need to swap in a 220V outlet for the power source.

Anyone purchase a sauna for at-home use? My wife has read a number of articles on their health benefits and we're starting to explore options. Would be great to hear from others who have explored and gone this route. Would likely put it outside, in a courtyard area easily accessible from the...

The rule you are remembering did exist. The tax owed on the gain could be deferred by rolling the gain into the basis on a new home. The new primary home had to be purchased within 2 years of the sale. That rule was eliminated with the Taxpayer Relief Act of 1997 and replaced with the much...

I believe you are confusing tax treatments. The $250/$500k capital gains exclusion applies to a sale of your primary residence and doesn't require you to purchase any new property to get it. It's available to you on the sale of the primary residence and you can repeat this multiple times in your...

The bank meltdown is because the impacted banks did not properly manage their treasury portfolio. You don't borrow long and lend short in a rising interest rate environment. Trying to blame this on the fed for doing what they told everyone they were going to do is silly.

For sure. That's why I thought it was important to point out that CPI is not coming down.

It's already been funded by Toll Brothers as a condition to buying the property. No Mello Roos needed. That said, the school district isn't required to use that funding for a new school, they can allocate it to other schools if they so decide.

I was referring to current nominal CPI levels as the new norm. So we should expect price level readings to continue to rise from today's nominal level of about 300. All of this is to say that nominal prices aren't going to come down so nobody should expect things to get cheaper. The goal is for...

I'd be careful about saying CPI is coming down. That is not the case. Yes inflation is cooling off, but CPI is still rising. Remember inflation is measured by the year-over-year change in CPI. Inflation is coming down because the year-over-year growth is shrinking. But nobody expects that growth...

Another M/M decline in CPI last week. Y/Y inflation down to 6.4%, and 6-month trend is only 0.1%. Given this trend and where CPI currently sits, the iBonds party is over. The next reset will be close to 0% variable. Silver lining is there will be minimal if any early redemption penalty if you...

Today's CPI print shows Y/Y inflation of 7.1%, but declined on a month/month basis. No doubt in my mind we'll be sub 7% when December numbers come out next month. If you look at the 6-month trend, we're only 1.85% above where we were in May. That implies a 3.7% annual inflation number. iBonds...

I'll take the under on low 7s all day. This is the second consecutive month where CPI-U declined on a month/month basis and the pace of the decline accelerated. June was 296.311, July was 296.276 (down 0.035 from June), and now August is 296.171 (down 0.105 from July). Given the trend and the...

Remember that inflation is a year over year measure. So we'll start lapping higher price levels in a few months. Last months CPI was the first time we saw a month over month decline in CPI-U. It doesn't take much of a continued decline to get to Martin's 4-5% by year end. Especially with the...

That is the proposed site for the school. Toll had to include it in the plan. There is a time limit for the school district to decide to build it or not. Most are saying it won't happen as the district will allocate the resources to other schools. So when the time period lapses, my guess is...

To be clear, we are actively looking and have made offers on 5 homes in the past three months. My real fear was buying high and then selling after a drop. My intention is not to wait for a drop to buy as I tend to think things will flatten and unicorns will still get multiple bids. We're active...

I'm probably in the minority here, but offering up a counter point as this is something I contemplated before ultimately deciding to sell our place. We're looking to upsize and move about 10 miles SW from current location. Our oldest kid started at a K-8 charter school (free) that is a great fit...

After yesterday's CPI report released it is now possible to calculate the next 6-month inflation component for ibonds. The rate will be 9.62%!! This is a pretty sweet return on a low risk government backed bond that is exempt from CA income tax. If you have not yet pulled the trigger on this in...

Not likely to increase the base rate given the demand and the fact that TIPs have a negative real yield. Sure iBonds are only an inflation hedge, but at least they cover that component with an attractive rate. The online "high" yield savings account are still paying less than 1% pretty much...

Yup. Seems like a great risk free rate right now and likely for the next year.

Anyone else get into ibonds? I was able to max out for me, wife and trust before YE 2021 and then again this past month for our 2022 allotment. So we've got $60k cash earning 7.12% in U.S. government protected securities. This rate will last a minimum of 6 months before it resets based on...