Search found 657 matches

by Bacchus01
Fri Aug 28, 2015 10:26 pm
Forum: Personal Consumer Issues
Topic: Lawn Mower Repair
Replies: 34
Views: 1837

Re: Lawn Mower Repair

What was the specific problem and what did they do to fix it. When you search for ethanol and small engines you get all kinds of responses from it will destroy them in weeks to no problems in XX years. Most newer engines should be ok to handle the ethanol so don't believe the stories until you do s...
by Bacchus01
Wed Aug 26, 2015 6:23 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 542
Views: 77672

Re: What are you up YTD? [Year To Date]

Down $118K since last Tuesday. Ouch.

But, lots of TLH and even put another $50K in from cash.
by Bacchus01
Tue Aug 25, 2015 9:10 am
Forum: Investing - Theory, News & General
Topic: Who's selling now?
Replies: 63
Views: 6775

Re: Who's selling now?

You should be selling if you have a TLH opportunity. Crazy not to. Unless you did LTCG harvesting earlier in the year. Crazy to waste your losses on LTCGs. But if it's still down by January, then I'll TLH. I guess I don't understand this. Why not take it now and possibly again in January? You know ...
by Bacchus01
Mon Aug 24, 2015 12:32 pm
Forum: Investing - Theory, News & General
Topic: Who's selling now?
Replies: 63
Views: 6775

Re: Who's selling now?

You should be selling if you have a TLH opportunity. Crazy not to. Unless you did LTCG harvesting earlier in the year. Crazy to waste your losses on LTCGs. But if it's still down by January, then I'll TLH. I guess I don't understand this. Why not take it now and possibly again in January? You know ...
by Bacchus01
Mon Aug 24, 2015 11:15 am
Forum: Investing - Theory, News & General
Topic: Who's selling now?
Replies: 63
Views: 6775

Re: Who's selling now?

You should be selling if you have a TLH opportunity. Crazy not to.
by Bacchus01
Mon Aug 24, 2015 10:03 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 542
Views: 77672

Re: What are you up YTD? [Year To Date]

...quiet in here today.... Today was a great day. Any amount of market recovery after I TLH about $250K worth of investments....will be worth it! The market goes from 6.6k to 18.4k. Settles at 17.5k roughly. Drops to 16.5k. Why do you think there has to be a rebound? It might, but it is a tiny corr...
by Bacchus01
Mon Aug 24, 2015 7:55 am
Forum: Investing - Help with Personal Investments
Topic: help with tax loss harvest total international
Replies: 7
Views: 454

Re: help with tax loss harvest total international

Let's say that I went to VTIAX into VFWAX. Now VFWAX is way down and can't move back to VTIAX because of wash rule.

Where to go next? Cash?
by Bacchus01
Sat Aug 22, 2015 8:30 am
Forum: Investing - Theory, News & General
Topic: How long will you"Stay the Course"?
Replies: 99
Views: 8669

Re: How long will you"Stay the Course"?

Why would it change? Times like this are exactly why "stay the course" was coined.
by Bacchus01
Fri Aug 21, 2015 5:29 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 542
Views: 77672

Re: What are you up YTD? [Year To Date]

grettman wrote:...quiet in here today....

Today was a great day.

Any amount of market recovery after I TLH about $250K worth of investments....will be worth it!
by Bacchus01
Fri Aug 21, 2015 5:28 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 1995
Views: 382260

Re: U.S. stocks in freefall

Livesoft frequently says not to purchase a car that costs more than the amount you gain or lose on a day. It's early, but it appears that we will be suffering a six digit loss today, so I can purchase my Tesla with Livesoft's stamp of approval. :oops: I just had my biggest 1-day loss ever. $14k tod...
by Bacchus01
Fri Aug 21, 2015 1:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 1995
Views: 382260

Re: U.S. stocks in freefall

Today was definitely a TLH day. If you haven't looked and done it, you probably should. Interesting to note that I transfered (swapped) all of my VTIAX purchases going back to 12/28/2012. Ouch. I moved all of my VTSAX going back to 12/27/2013. I will likely still swap my VMVAX that were bought in J...
by Bacchus01
Fri Aug 21, 2015 10:53 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 1995
Views: 382260

Re: U.S. stocks in freefall

Today was definitely a TLH day. If you haven't looked and done it, you probably should. Interesting to note that I transfered (swapped) all of my VTIAX purchases going back to 12/28/2012. Ouch. I moved all of my VTSAX going back to 12/27/2013. I will likely still swap my VMVAX that were bought in J...
by Bacchus01
Fri Aug 21, 2015 10:48 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 1995
Views: 382260

Re: U.S. stocks in freefall

Today was definitely a TLH day. If you haven't looked and done it, you probably should. Interesting to note that I transfered (swapped) all of my VTIAX purchases going back to 12/28/2012. Ouch. I moved all of my VTSAX going back to 12/27/2013. I will likely still swap my VMVAX that were bought in Ja...
by Bacchus01
Fri Aug 21, 2015 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Intuit to Sell off Quicken
Replies: 26
Views: 2846

Re: Intuit to Sell off Quicken

Probably a good thing. Intuit has been barely paying attention to Quicken. A buyer may do better especially given the lock-in effect in place with many Quicken users. You don't pay attention to a product line when it is not generating enough profit. They will sell it. The new owner will want to mak...
by Bacchus01
Thu Aug 20, 2015 9:28 pm
Forum: Investing - Theory, News & General
Topic: A bad day on Wall Street -- A good day for the media.
Replies: 51
Views: 5587

Re: A bad day on Wall Street -- A good day for the media.

Doesn't phase me. TLH and rebalance.

Keep going.
by Bacchus01
Thu Aug 13, 2015 10:25 am
Forum: Investing - Help with Personal Investments
Topic: AA for 529s that will be used for college and grad school
Replies: 16
Views: 1413

Re: AA for 529s that will be used for college and grad school

\Thus rather than look at 3-529's, you could look at 1-529 devided into near, medium, long term funds. I considered that, but it was a no-go because of 529 lifetime contribution limits. The Utah 529 has one of the highest, but it is still only $416k. Isn't that per participant, however? I approach ...
by Bacchus01
Thu Aug 13, 2015 10:18 am
Forum: Personal Finance (Not Investing)
Topic: Is 401K Match included when someone asks you how much you make per year?
Replies: 47
Views: 3709

Re: Is 401K Match included when someone asks you how much you make per year?

If you are receiving a 9% match and the new company has a 4% match, that clearly is a difference of 5% in compensation. I know what you meant, but it's not a 5% difference in compensation. For round numbers, let's say you're making $180k salary, so it's $18k*9% vs $18k*4% = a difference of $900, or...
by Bacchus01
Tue Aug 11, 2015 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Flex Spending, need to spend money, can I buy medicine and donate?
Replies: 11
Views: 985

Re: Flex Spending, need to spend money, can I buy medicine and donate?

celia wrote:Clarification needed: Is the payroll (ie, HR) company changing or the company that processes FSA paperwork or both?

It doesn't matter. None of that is relevant in that the OP doesn't have to do anything right now unless the plan year is not calendar, which is extremely rare anymore.
by Bacchus01
Tue Aug 11, 2015 8:45 pm
Forum: Personal Finance (Not Investing)
Topic: Flex Spending, need to spend money, can I buy medicine and donate?
Replies: 11
Views: 985

Re: Flex Spending, need to spend money, can I buy medicine and donate?

I have to use a bunch of Flex Spending money in the next week, (complicated last minute switch of hr providers for small company) I know of a non-profit that needs medicine. Can I buy a bunch of medicine and donate it, or does the flex spending rules stipulate I have to use it for my family? What d...
by Bacchus01
Fri Aug 07, 2015 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 241
Views: 54199

Re: Share your networth progression

I have 12 months more to work until retirement....Hey Hey!!! How is 2.4 million not enough to retire now?? Wouldn't even be close. We're in our 40s with 3 kids still at home planning to go to college some day. At a 3% wdrawl rate, we'd need $4M+ for our current expense rate. Could we cut spending? ...
by Bacchus01
Thu Aug 06, 2015 8:51 am
Forum: Investing - Help with Personal Investments
Topic: 1 year reading Bogleheads and this is what I have to show for it
Replies: 23
Views: 3502

Re: 1 year reading Bogleheads and this is what I have to show for it

Why aren't you putting more in your 401K?

Why don't you have a Roth IRA vs. TIRA?

Do you have access to an HSA?
by Bacchus01
Tue Aug 04, 2015 11:15 pm
Forum: Investing - Help with Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 128
Views: 13653

Re: $13 Million Goal for Early Retirement (am I crazy?)

Market growth has been substantial, so it's feasible. That said, I simply do not believe anyone with two kids is living on $30K a year. Why would someone choose to live just above the poverty level when they don't need to? That is ludicrous. 30k a year is a lot of money if: 1. Good almost free heal...
by Bacchus01
Tue Aug 04, 2015 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Too soon to change jobs? Pres/CEO types
Replies: 18
Views: 2726

Re: Too soon to change jobs? Pres/CEO types

I never closed this out, but I passed on the opportunity. I just felt I needed a bit more time to build some results and have credibility wherever I may go next. I think that's important in a leader. The CEO keeps in regular contact with me. I have an annual meeting with our group president in a few...
by Bacchus01
Tue Aug 04, 2015 7:39 pm
Forum: Investing - Help with Personal Investments
Topic: $13 Million Goal for Early Retirement (am I crazy?)
Replies: 128
Views: 13653

Re: $13 Million Goal for Early Retirement (am I crazy?)

Market growth has been substantial, so it's feasible.

That said, I simply do not believe anyone with two kids is living on $30K a year. Why would someone choose to live just above the poverty level when they don't need to? That is ludicrous.
by Bacchus01
Sun Aug 02, 2015 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: Maturing CDs -- Now What?
Replies: 15
Views: 1948

Re: Maturing CDs -- Now What?

I personally would avoid bond funds and focus on CDs.
by Bacchus01
Sun Aug 02, 2015 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Is Being a Private Banking Client Worth it?
Replies: 35
Views: 4268

Re: Is Being a Private Banking Client Worth it?

Used to have one with BoA premium client. Did not invest with them. But, if you had $500k with them, which also included your mortgage, you got some nice perks. .25 discount on mortgage and points/origination waived. .25 extra on CDs. .25 extra on MM deposits. No ATM fees. Personal rep you could cal...
by Bacchus01
Sun Aug 02, 2015 12:19 am
Forum: Investing - Help with Personal Investments
Topic: Deferred Compensation - tax on payouts?
Replies: 14
Views: 1190

Re: Deferred Compensation - tax on payouts?

I'm struggling to decide whether I should use ours.

There is no employer match. Funds and fees are worse than I can get in after tax accounts. If I leave the company before 55 it will be lumped out and I'll pay max tax.

Why even do it?
by Bacchus01
Fri Jul 31, 2015 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Inheritance - Buy House then Reverse Mortgage?
Replies: 13
Views: 1131

Re: Inheritance - Buy House then Reverse Mortgage?

Buy her a house and rent it to her.
by Bacchus01
Wed Jul 29, 2015 8:21 am
Forum: Investing - Theory, News & General
Topic: Audit over backdoor Roth
Replies: 9
Views: 1497

Re: Audit over backdoor Roth

I've done it for several years along with the Mega Backdoor Roth from my 401K.

No audits.
by Bacchus01
Mon Jul 27, 2015 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Strategies
Replies: 8
Views: 626

Re: Tax Loss Harvesting Strategies

I've mentioned this strategy before: I wait for any of my losers to hint their bottoms, then I tax-loss harvest them. The idea is that the replacement shares will be at their low for the year, too, so that I will not have to sell them. I don't like to sell, then sell again, then sell again, then se...
by Bacchus01
Mon Jul 27, 2015 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Strategies
Replies: 8
Views: 626

Re: Tax Loss Harvesting Strategies

I did my first TLH ever today, as a matter of fact. I had about $1500 worth of losses between VTIAX (Vanguard Total International Stock Index Fund) and VEMAX (Vanguard Emerging Markets Stock Index Fund) in my taxable account that I figured was worth claiming. The losses will probably end up being b...
by Bacchus01
Mon Jul 27, 2015 1:01 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Loss Harvesting Strategies
Replies: 8
Views: 626

Tax Loss Harvesting Strategies

I'm curious what everyone's tax loss harvesting strategies are in the current market. Do you have a trigger amount that you are managing to, or are you just taking TLH whenever it presents itself? Or, are you not doing it at all and just riding it out?

I'm curious as to how others are facing this.
by Bacchus01
Fri Jul 24, 2015 10:42 am
Forum: Personal Finance (Not Investing)
Topic: Is the entire Car Transport Industry this Shady? Need help in getting a reliable transport company...
Replies: 20
Views: 2512

Re: Is the entire Car Transport Industry this Shady? Need help in getting a reliable transport company...

I've honestly used Uship.com about 10 times without ever a problem. Shipped BMWs, Ducatis, classic cars, and even a dog. Please, don't stop there! How did this come about? :confused Needed to get a dog transported from East Coast to Midwest. Normal path would be to put him on a plane as the carrier...
by Bacchus01
Thu Jul 23, 2015 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Is the entire Car Transport Industry this Shady? Need help in getting a reliable transport company...
Replies: 20
Views: 2512

Re: Is the entire Car Transport Industry this Shady? Need help in getting a reliable transport company...

I've honestly used Uship.com about 10 times without ever a problem. Shipped BMWs, Ducatis, classic cars, and even a dog.
by Bacchus01
Thu Jul 23, 2015 11:07 am
Forum: Personal Consumer Issues
Topic: Recommendations for gas grill
Replies: 63
Views: 5111

Re: Recommendations for gas grill

This thread pushed me over the edge and I purchased the Weber Genesis E310 last night. I was fed up with my Char-Broil grill, after having the burners replaced once under warranty, they went from a cast brass burner to a cast iron. The problem with their burner design is over time the holes enlarge...
by Bacchus01
Thu Jul 23, 2015 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Negotiating a Job Offer
Replies: 41
Views: 6017

Re: Negotiating a Job Offer

The one part that really bugs me, and I guess this comes with the territory when you start dealing with these more prestigious Consulting firms, is that if I had gotten an MBA from one of their target schools, I'd be coming in at the Senior Consultant position and my signing bonus would have been a...
by Bacchus01
Thu Jul 23, 2015 11:02 am
Forum: Personal Finance (Not Investing)
Topic: What are your financial goals?
Replies: 41
Views: 4312

Re: What are your financial goals?

$10M

That's the only goal.
by Bacchus01
Mon Jul 20, 2015 11:56 am
Forum: Investing - Help with Personal Investments
Topic: 26 in California: Maxing out Roth IRA/401k, but what to do about HSA?
Replies: 19
Views: 2308

Re: 26 in California: Maxing out Roth IRA/401k, but what to do about HSA?

Do the math. The math will win. That said, a lot depends on your health. I can't remember going to the doctor once in my 20's. Had an HSA been available, I'd be socking away pre-tax dollars that I can later pay out and NOT pay any tax on them. Ever. There is no investment that I can think of that is...
by Bacchus01
Mon Jul 20, 2015 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Auto Div Reinvesting. Really so bad?
Replies: 33
Views: 3509

Re: Auto Div Reinvesting. Really so bad?

If it works for you, fine. I don't do it. I let them go to the sweep account and use those funds to re-balance. It doesn't often equal much, but it a bit easier each quarter. I also like to manage TLH in a volatile market, and not reinvesting opens your window. Remember you can't make a buy 30 days ...
by Bacchus01
Sun Jul 19, 2015 8:30 am
Forum: Personal Finance (Not Investing)
Topic: losing money on a house....how do Bogleheads deal with it emotionally?
Replies: 76
Views: 6407

Re: losing money on a house....how do Bogleheads deal with it emotionally?

I've been through this. I bought a house in the NE and then 12 months later took a relo to the mid Atlantic. Fortunately at that time I had an agreement with my employer to make me whole. House finally sold for $125k loss but I was while. Thankfully. Flash forward 4 years and I moved from there to t...
by Bacchus01
Sat Jul 18, 2015 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Should severance be allowed to reduce emergency fund?
Replies: 23
Views: 2219

Re: Should severance be allowed to reduce emergency fund?

Unless you have an employment contract, you can't count on any severance.

I have a 6 month notifications requirement, with pay and bonus, plus 6 months severance at full pay. 1 year If I'm let go for any reason.
by Bacchus01
Tue Jul 14, 2015 12:12 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 542
Views: 77672

Re: What are you up YTD? [Year To Date]

About 9.5% now.
by Bacchus01
Tue Jul 14, 2015 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating a Job Offer
Replies: 41
Views: 6017

Re: Negotiating a Job Offer

Just wondering, where did this end up?
by Bacchus01
Tue Jul 14, 2015 12:10 pm
Forum: Personal Consumer Issues
Topic: New car vs. "pre-owned certified" (both somewhat frequently)
Replies: 28
Views: 1740

Re: New car vs. "pre-owned certified" (both somewhat frequently)

I recommend reading the fine print on what the CPO warranty covers. It was pointed out here on Bogleheads that the BMW CPO warranty has a full page of what is not covered. I'm not a mechanic, but I can't think of much that *is* covered after reading through the list. Really? I get the full factory ...
by Bacchus01
Mon Jul 13, 2015 9:14 am
Forum: Investing - Help with Personal Investments
Topic: 29, relatively high income, seriously considering early retirement
Replies: 42
Views: 7376

Re: 29, relatively high income, seriously considering early retirement

Current Expenses ~$1,800 a month, but will go down to ~$1,100 after the last house payment. That sounds unrealistically low, it would be good to track this carefully and make sure that that it includes a budget for home repairs, car replacement, etc. If you are happy with that lifestyle that is gre...
by Bacchus01
Thu Jul 09, 2015 12:38 pm
Forum: Personal Consumer Issues
Topic: New car vs. "pre-owned certified" (both somewhat frequently)
Replies: 28
Views: 1740

Re: New car vs. "pre-owned certified" (both somewhat frequently)

I think it's going to depend a lot on brand and features. I bought my CPO BMW 528XI last fall. 2 yrs old and 20K miles. Had new brakes and tires already installed and the CPO warranty is better than a new car warranty. I probably saved close to 35% off the price of a new one. That said, in 2013 when...
by Bacchus01
Fri Jul 03, 2015 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: Average raises for promotions
Replies: 32
Views: 3808

Re: Average raises for promotions

I've seen them all over the board, but I'd say 10-15% for an actual promotion is the norm. That said, I've given several of my staff members about a 25-40% total increase (including bonus target) over the last 18 months. It's a tight labor market. My salary, not including bonus, has grown at 13.4% C...
by Bacchus01
Fri Jul 03, 2015 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you become debt free and what opportunities did it create?
Replies: 95
Views: 9479

Re: What age did you become debt free and what opportunities did it create?

I can't imagine ever being sent free. I'm not even sure why I would want to be.
by Bacchus01
Thu Jul 02, 2015 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Help review a monthly budget
Replies: 20
Views: 3095

Re: Help review a monthly budget

Mint or Quicken or some other form of electronic tool. That's what most use to track it. As for your expenses, that's going to depend a lot on your location, etc. These are just a few of my observations, which clearly are just opinion. - $750/mo for daycare is quite high. Don't know your location th...
by Bacchus01
Thu Jul 02, 2015 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Negotiating a Job Offer
Replies: 41
Views: 6017

Re: Negotiating a Job Offer

My reasoning behind the $110k number is that I've been given the behind-the-scenes nod from my current employer that I'll be getting a promotion effective October 1st. I don't yet know what the raise will include, but I'm expecting a bump of 20-25% due to a previous promotion experience and water-c...

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