Search found 74 matches

by R2
Sat Aug 08, 2015 10:05 am
Forum: Personal Finance (Not Investing)
Topic: College Admission Time, What parents need to be aware and how to be helpful
Replies: 118
Views: 6792

Re: College Admission Time, What parents need to be aware and how to be helpful

Not much to add relative to the admissions discussion, other than anecdotal information is almost useless because of the wide range of difference in student characteristics, university preference, and (in my experience) a huge range of university responses for the same student. I do agree with previ...
by R2
Mon Apr 13, 2015 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Ethnobotany as career choice
Replies: 40
Views: 3754

Re: Ethnobotany as career choice

Thanks for all the helpful information. The Biotechnology program is fairly small. I suspect it is less than 50 people, but will check into it. He seems pretty excited about the program, but would prefer to be at the larger university (plus his girlfriend is there). It wouldn't surprise me if he cha...
by R2
Sun Apr 12, 2015 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: Engineering as a career for a graduating HS student ?
Replies: 60
Views: 5001

Re: Engineering as a career for a graduating HS student ?

I'm the father of the kid on the other thread that is interested in studying Ethnobotony. I am also a mechanical engineer in a field with a lot in common with robotics, that interests your son. I would not hesitate to recommend mechanical engineering to him. In many of the state universities there a...
by R2
Sat Apr 11, 2015 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Ethnobotany as career choice
Replies: 40
Views: 3754

Re: Ethnobotany as career choice

OP here with follow-up. My son and I visited two universities to discuss areas of study for science-related studies. Areas of interest communicated by my son were botany, genetics, and biochemistry. We discussed opportunities at our state flagship university with the representative from the College ...
by R2
Sat Apr 04, 2015 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Paying for childrens' college
Replies: 121
Views: 9077

Re: Paying for childrens' college

I suspect experiences vary a lot by time, region, and the economy. Here is my experience. The state in which I reside has been transitioning a larger portion of the funding of a college education to the students, while still trying to provide opportunity for social mobility through education. To fun...
by R2
Mon Mar 09, 2015 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: Ethnobotany as career choice
Replies: 40
Views: 3754

Re: Ethnobotany as career choice

OP here. One recurring theme here is that although Ethnobotany may have societal benefits, it may be difficult to find funding for this potentially rewarding career. Several have suggested double majoring or doing something else. What are the similar majors that provide better credentials for employ...
by R2
Sat Mar 07, 2015 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: Ethnobotany as career choice
Replies: 40
Views: 3754

Re: Ethnobotany as career choice

Thanks for all the helpful information! Thanks to all for taking the time to help us out. I have sent this thread to my son and I'm sure he will check out the leads. We will be visiting his two leading candidate universities this upcoming Friday, and the information provided here will help us be pre...
by R2
Sat Mar 07, 2015 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Ethnobotany as career choice
Replies: 40
Views: 3754

Ethnobotany as career choice

Hello, My son is a high school senior and has expressed interest in pursuing ethnobotany as a career. He enjoys all of his science related courses, and likes spending time outdoors. He likes hiking, fishing, hunting, gardening, and most other outdoor activities. Ethnobotany sounds attractive to him ...
by R2
Sat May 31, 2014 4:13 pm
Forum: Personal Consumer Issues
Topic: running shoes for a severe overpronator(flatfoot)
Replies: 45
Views: 3830

Re: running shoes for a severe overpronator(flatfoot)

Always reluctant to give shoe advice, as each individual is different. Agree with going to a running store to try on shoes for fit, and buying first pair there. When I started running, I was quite a bit overweight. I also have flat and wide feet. I started out with the ASICS 2000 series shoes, which...
by R2
Mon May 19, 2014 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: College Financial Evaluation Tools
Replies: 13
Views: 779

Re: College Financial Evaluation Tools

Will be sure to check out out-of-state state schools that offer merit aid. I hadn't seriously considered those, so appreciate the suggestion.
by R2
Sun May 18, 2014 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: College Financial Evaluation Tools
Replies: 13
Views: 779

Re: College Financial Evaluation Tools

More good info here . . . thanks. Jack FFR1846 - Thanks for taking the time to list the concerns for the community college route. Before doing this we certainly would need to have a four year plan including the transfer. We one older sibling we opted for a less expensive four year college instead of...
by R2
Sun May 18, 2014 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: College Financial Evaluation Tools
Replies: 13
Views: 779

Re: College Financial Evaluation Tools

Thanks for the feedback. TomatoTomahto: Thanks for pointing me to collegeconfidential. I have looked at it before for the top options, and it is a very useful website. What I liked about the site on my original post is that it showed expected cost based on EFC. The combination of both sites seems to...
by R2
Sun May 18, 2014 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: College Financial Evaluation Tools
Replies: 13
Views: 779

College Financial Evaluation Tools

Hello All, I'm doing research about colleges and am investigating options with my third child. He is very much interested in the sciences and is very involved with outdoor activities such as "EcoTeam" as well is an avid community gardener. He is interested in pursuing a career in the scien...
by R2
Thu Jan 09, 2014 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: After Tax 401K / Roth Conversion in Place of 529 Acct
Replies: 3
Views: 260

After Tax 401K / Roth Conversion in Place of 529 Acct

I contribute the maximum pre-tax amount to my 401K and utilize my "Backdoor Roth" space. I also have a 529 plan for each of my children. I am contemplating making after tax contributions to my 401K and doing in-service withdrawals into my Roth IRA in place of the 529 plans, with the intent...
by R2
Sat Nov 16, 2013 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Engineering Career Path [moving within company]
Replies: 26
Views: 2495

Re: Engineering Career Path [moving within company]

In the same situation as you a number of years back I opted to take a design engineering position. It has worked out well for me. I try to add skills over time to allow my to provide greater value to my employer. Some times it required changing positions, other times not. Six years in your current p...
by R2
Sat Nov 16, 2013 1:09 pm
Forum: Personal Consumer Issues
Topic: Advice on what to do summer before senior year high school
Replies: 63
Views: 3267

Re: Advice on what to do summer before senior year high scho

My son is the same age. Here are his plans. 1) Work part time at a bait shop. 2) Study and retake ACT. (some of his potential schools have defined scholarships based on test scores and GPA). 3) Off-season cross-country running with team. 4) Care for his community garden plots. (Also works part time ...
by R2
Tue Oct 15, 2013 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion for Backdoor Access Beneficial?
Replies: 10
Views: 863

Re: Roth Conversion for Backdoor Access Beneficial?

Thanks for the tip about adjusting my withholding to cover the taxes. I had started working on form 2210, and am pleased to avoid that task. I would not have met the safe harbor provisions, so I adjusted my withholding today. It would have felt psychologically less painful to have done it early in t...
by R2
Fri Oct 11, 2013 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion for Backdoor Access Beneficial?
Replies: 10
Views: 863

Re: Roth Conversion for Backdoor Access Beneficial?

During the rollover I opted to have none of the money withheld for taxes to maximize the amount going into the Roth. Should I send in an estimated tax payment for the amount that I would have withheld? I started investigating the potential for underpayment penalties and it wasn't clear if this would...
by R2
Thu Oct 10, 2013 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion for Backdoor Access Beneficial?
Replies: 10
Views: 863

Re: Roth Conversion for Backdoor Access Beneficial?

Thanks for your inputs, letsgobobby.

I hope to work another ~20 years so the ROTH conversion makes sense in our circumstance.

We did the conversion this afternoon.
by R2
Thu Oct 10, 2013 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion for Backdoor Access Beneficial?
Replies: 10
Views: 863

Re: Roth Conversion for Backdoor Access Beneficial?

Hello, Thanks for the responses. I suspected I did not have the entire picture for costs as well as the benefit of the backdoor Roth. I don't expect to access any of the money for at least 10 years, so that should well exceed break-even. So we will likely do the conversion. I also like having the op...
by R2
Wed Oct 09, 2013 9:16 pm
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion for Backdoor Access Beneficial?
Replies: 10
Views: 863

Roth Conversion for Backdoor Access Beneficial?

My wife is a SAHM and has both a Roth (~$30k) and a traditional (~$30k) IRA. I am interested in being able to do backdoor Roth conversions in her account. Per information in the "Backdoor Roth" Wiki, we would need to convert the traditional IRA to do so, paying taxes at our current rate. I...
by R2
Sat Aug 17, 2013 12:13 pm
Forum: Personal Consumer Issues
Topic: Pharmacy as Career Choice
Replies: 69
Views: 10498

Re: Pharmacy as Career Choice

Thank you all for the helpful replies as well as the PMs. I also very much appreciate the efforts of the moderators for this message board, as the civil tone and constructive nature of the contributors is, in part, due to the positive environment that they foster. It is always encouraging how anonym...
by R2
Sun Aug 11, 2013 12:01 pm
Forum: Personal Consumer Issues
Topic: Classic Car for Teen Driver(?)
Replies: 87
Views: 9130

Re: Classic Car for Teen Driver(?)

To follow up . . . We opted to not buy a classic car for my son. My reservations were safety features of the car, as well as for others on the road! We ended up buying a Nissan Altima coupe that was a salvage title from Hurricane sandy. I did internet searching for a few months and found it at a rea...
by R2
Sun Aug 11, 2013 11:49 am
Forum: Personal Consumer Issues
Topic: Pharmacy as Career Choice
Replies: 69
Views: 10498

Re: Pharmacy as Career Choice

Thought I would check back on this thread and provide an update. Additional suggestions/comments are welcome. DD was accepted to NDSU and not the U of Minnesota. She will be starting in the fall, following meeting all of her last requirements over summer school. She was admitted into the program aft...
by R2
Sat Jun 22, 2013 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Deferred Compensation Plan
Replies: 18
Views: 1271

Re: Deferred Compensation Plan

Not to hijack this thread, but . . . This may also be of interest to the OP. Is use of the deferred compensation plan an efficient way to reduce taxes in combination with stock options? I have non-qualifed options that I need to exercise in the next two years, which are roughly 1.2X my annual salary...
by R2
Sat Jun 22, 2013 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Deferred Compensation Plan
Replies: 18
Views: 1271

Re: Deferred Compensation Plan

Another thing to keep in mind is that once admitted to the plan, you may become ineligible in the future, depending on plan rules and your compensation level. To be eligible in the plan at my corp, one needed to be in the top x% of compensated employees to contribute. If you fell below that level, y...
by R2
Mon Apr 01, 2013 6:46 pm
Forum: Personal Consumer Issues
Topic: College Admissions - Affecting Your Planning?
Replies: 59
Views: 3262

Re: College Admissions - Affecting Your Planning?

College admission season is upon us and it looks like once again the odds of gaining admission at the most selective private colleges are getting longer and longer. Admission rates this year were abysmal: Stanford 5.7%, Harvard 5.8%, Yale 6.7%, Princeton 7.3%, etc. And the trend seems to go down th...
by R2
Mon Mar 25, 2013 7:37 pm
Forum: Personal Consumer Issues
Topic: Pharmacy as Career Choice
Replies: 69
Views: 10498

Re: Pharmacy as Career Choice

Thanks all for providing the helpful responses. To be more specific, the two schools are the University of Minnesota and North Dakota State University. Both are accredited. If the career goal is to be a hospital pharmacist, would the school choice matter? I wasn't even aware that one could get a Pha...
by R2
Sat Mar 23, 2013 12:46 pm
Forum: Personal Consumer Issues
Topic: Pharmacy as Career Choice
Replies: 69
Views: 10498

Re: Pharmacy as Career Choice

Hope you all don't mind if I revive this thread . . . I appreciate all the previous insights, and have acted on some of the suggestions. As an update, my daughter is now a sophomore and is interviewing to be admitted into pharmacy programs. She has completed most of the prerequisites for admission t...
by R2
Sat Mar 02, 2013 6:54 pm
Forum: Personal Consumer Issues
Topic: Trap Shooting Gun Recommendations, Please
Replies: 16
Views: 1445

Re: Trap Shooting Gun Recommendations, Please

Thanks, Alex. My son and I just returned from the trap club after purchasing the gun. It is a beautiful gun and my son is ecstatic about the purchase. I'm amazed at your knowledge of the specifics related to this particular gun, and appreciate the info. We've had quite a bit of fun doing some web se...
by R2
Sat Mar 02, 2013 4:06 pm
Forum: Personal Consumer Issues
Topic: Trap Shooting Gun Recommendations, Please
Replies: 16
Views: 1445

Re: Trap Shooting Gun Recommendations, Please

It's been a while since my original post, so thought I would post a follow-up. I researched the recommended guns online, as well as went to a few gun shops to see some of them. The advice from all the responses matched up quite well with recommendations from the club coaches, as well as many of the ...
by R2
Sun Feb 10, 2013 11:24 am
Forum: Personal Consumer Issues
Topic: Deciding college for High School Graduate
Replies: 65
Views: 4642

Re: Deciding college for High School Graduate

My second daughter starts next fall, so I've been through this process a couple of times. I read the book associated with this website and found it helpful: http://www.thecollegesolution.com/ Finances played a significant role in the college decision for both of my daughters, so it was important tha...
by R2
Sat Jan 26, 2013 3:13 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you expect your kids to pay for college?
Replies: 237
Views: 19825

Re: How much do you expect your kids to pay for college?

We have opted to define a fixed amount that we are willing to contribute yearly to each of our four children. Our first daughter started college two years ago and we told her we could contribute $16K each year early in the college selection process. She was admitted to a couple of state schools and ...
by R2
Fri Jan 18, 2013 9:09 am
Forum: Personal Consumer Issues
Topic: Trap Shooting Gun Recommendations, Please
Replies: 16
Views: 1445

Trap Shooting Gun Recommendations, Please

My 16 year old son is shooting trap again this year. His first year he used his uncle's gun, but it is not available this year. He is the size of the typical adult, and I don't expect him to grow much more (don't know if this matters?). We would likely buy the gun for competition and sell in about t...
by R2
Sat Aug 11, 2012 2:42 pm
Forum: Personal Consumer Issues
Topic: Vegetable Gardening
Replies: 99
Views: 9966

Re: Vegetable Gardening

My squash did well in June and early July. Then the ants decided to farm aphids (or some other sap-eating insect) on the squash. While the plants are still alive, they are not setting fruit. Neem oil didn't seem to deter the ants, they just brought in more aphids to replace the ones the neem oil ki...
by R2
Mon Jun 25, 2012 6:35 pm
Forum: Personal Consumer Issues
Topic: Classic Car for Teen Driver(?)
Replies: 87
Views: 9130

Re: Classic Car for Teen Driver(?)

Thanks to everyone for posting helpful information. There seems to be a lot of interest in this topic, as well as a good breadth of perspective. My initial reaction to my son wanting a muscle car was that it was fun to look, but it was not the right thing for him. My thoughts are now more like that ...
by R2
Sun Jun 24, 2012 4:16 pm
Forum: Personal Consumer Issues
Topic: Classic Car for Teen Driver(?)
Replies: 87
Views: 9130

Re: Classic Car for Teen Driver(?)

Thanks for the helpful replies. My son is mechanically inclined. It would not surprise me if he were to pursue some mechanical trade or profession. He is a good student and may choose to become a mechanical engineer (like me). I am considering letting him tinker with an old car for this reason. Many...
by R2
Sun Jun 24, 2012 1:16 pm
Forum: Personal Consumer Issues
Topic: Classic Car for Teen Driver(?)
Replies: 87
Views: 9130

Classic Car for Teen Driver(?)

My 15 year old son now has his permit and is very much interested in cars. I am neither very much interested in cars, and even less interested in working on them. He has shown great interest in buying an older "classic" car. It is his desire to buy an older car "classic" car for ...
by R2
Sat Jun 16, 2012 11:48 am
Forum: Personal Consumer Issues
Topic: Buying a bike
Replies: 69
Views: 8066

Re: Buying a bike

Dieharder, I'm not a bicycle expert but bought a bicycle this morning and have a very similar expected use profile. I went to a local bicycle shop and discussed options with the staff. They found a bike with a good fit, and I took it out for a test drive. I opted to purchase a Trek 7.2 FX. The manag...
by R2
Sat Apr 07, 2012 4:15 pm
Forum: Personal Consumer Issues
Topic: Is Ivy League cheaper than State college(or other privates)
Replies: 127
Views: 4317

Re: Is Ivy League cheaper than State college(or other privat

The answer to "Is Ivy League cheaper than State College" is difficult in that the answer depends both on you and your child. For the OP, it depends on his assets and income 10 years for now, as well as his child's GPA, standardized tests, and "profile". My eldest child started co...
by R2
Sat Nov 05, 2011 5:01 pm
Forum: Personal Consumer Issues
Topic: What Book Are YOU Currently Reading? Part IV. (07/04/2010)
Replies: 1507
Views: 350272

Re: What Book Are YOU Currently Reading? Part IV. (07/04/201

I recently read Drive by Daniel Pink. I read it because I was looking to understand the various levels of individual engagement within the workplace. The book provided insight into what motivates individuals, and how to provide a suitable environment for high achievement. Also read The Starfish and ...
by R2
Mon Sep 26, 2011 7:30 am
Forum: Personal Consumer Issues
Topic: Pharmacy as Career Choice
Replies: 69
Views: 10498

Thank you everyone for responding. I talked with my daughter yesterday, and I believe that she is more stressed about not doing as well in her Chemistry class (the grades), than the content of the class. So the anxiety is primarily about doing well enough to remain in the program. She also has not f...
by R2
Mon Sep 26, 2011 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Considering grad school
Replies: 44
Views: 4308

I would agree, then, that in your situation the degree could be helpful. I was mistakenly thinking that there were already more experienced engineers in your group, with more skill that you would naturally learn by working with them. I did exactly what you are suggesting, but I must admit I learned ...
by R2
Sat Sep 24, 2011 2:23 pm
Forum: Personal Consumer Issues
Topic: Pharmacy as Career Choice
Replies: 69
Views: 10498

Zombie thread update . . . My daughter was accepted into the Pre-Pharmacy program, which was somewhat selective. After a couple of years she will need to apply again, and it is my understanding that ~30% get accepted. She came home last night after about four weeks of school and is quite stressed ab...
by R2
Sat Sep 24, 2011 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Considering grad school
Replies: 44
Views: 4308

It's been my experience that those that have best utilized their MSME have taken coursework and developed experience in a complementary specialty. In your case, you might consider to study structural dynamics, finite element methods, or control theory. This could broaden your qualifications to take ...
by R2
Mon May 30, 2011 3:40 pm
Forum: Personal Consumer Issues
Topic: Auto Recommendation for Teen Daughter
Replies: 82
Views: 6535

Hello all, thought I'd check back in. I've been looking at used cars and the Hyundai Elantra seems to have the best value for our needs, but most used cars with less than 50 000 miles seem overpriced compared to new cars. I have a lot of confidence in my daughter's driving as she is cautious, by nat...
by R2
Wed May 25, 2011 5:25 pm
Forum: Personal Consumer Issues
Topic: Auto Recommendation for Teen Daughter
Replies: 82
Views: 6535

Thanks to everyone for replying.

I've been checking local prices for used cars and am surprised at the price of used cars. I also saw another thread discussing that very topic. so no need to rehash.

Based on recommendations here, I'll expand looking at used Camrys and Accords.
by R2
Sun May 22, 2011 9:25 am
Forum: Personal Consumer Issues
Topic: Auto Recommendation for Teen Daughter
Replies: 82
Views: 6535

Auto Recommendation for Teen Daughter

Our 16 year old daughter needs transportation to her job and we are looking to buy a vehicle for her. We will contribute $6k toward the vehicle, and she is required to pay the remainder. She has indicated she would like to spend ~$6k toward the vehicle, but could spend up to 2X that amount from her ...
by R2
Sun May 22, 2011 8:54 am
Forum: Personal Finance (Not Investing)
Topic: What would you tell your child to major in?
Replies: 162
Views: 20108

Everyone's situation is different, but perhaps someone else is in the same as mine. My daughter graduates in two weeks. She is a good student, but is undecided in her major. Because I consider a bachelor's degree to now be a requirement for employment (not saying it should be this way), she will be ...
by R2
Sat Apr 16, 2011 8:49 am
Forum: Personal Finance (Not Investing)
Topic: College Savings: Add to 529 or Child's Roth IRA
Replies: 7
Views: 1440

Thanks for the responses. Non-Bob, I lurked the thread that I believe you are suggesting through the search recommendation. I agree with your recommendation in that thread about parents funding a Roth before the 529, and we have been following the recommended course for the last ten years. (You typi...

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