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Re: Analysis Paralysis - Stock Options

Thanks all. Certainly seems like it makes sense to reduce overall exposure, especially with some of the 300% up shares expiring within 3 years. I guess now I have to figure out how to allocate the large sum. Some % into standard asset allocation for investments, but also some in cash for upgraded ho...
by berg
Sun Mar 01, 2015 10:22 am
 
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis - Stock Options
Replies: 13
Views: 528

Re: Analysis Paralysis - Stock Options

A very standard situation is that options are granted annually with ten year expiration and that a common plan is to exercise each tranch shortly before expiration. That gives you an annual process of exercising options indefinitely. So the question is will you be gaining grants every year or are t...
by berg
Sat Feb 28, 2015 1:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis - Stock Options
Replies: 13
Views: 528

Re: Analysis Paralysis - Stock Options

A little more info would be helpful. When were the options granted? When do the options expire? What is the percent increase above the option price? In general, I try to hold the options as close to expiring as possible unless I need the money for something. Some were granted in 2011 and some in 20...
by berg
Sat Feb 28, 2015 1:40 pm
 
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis - Stock Options
Replies: 13
Views: 528

Analysis Paralysis - Stock Options

Hi all - I have some stock options that have increased in value nicely and I'm considering unloading a good chuck of them. Here is the current breakdown of my net worth. Retirement $275,000 Stock Options $235,000 (after tax estimate) House $155,000 Cash Savings $118,000 Taxable Investments $109,000 ...
by berg
Sat Feb 28, 2015 12:58 pm
 
Forum: Personal Finance (Not Investing)
Topic: Analysis Paralysis - Stock Options
Replies: 13
Views: 528

Re: If you were me, how much would your home budget be?

For Boston, unless you have a large commute, I'm guessing $500k doesn't get you much of a house, so I understand why you are thinking of moving. I looked at property tax rates for MA, and they seem to run from $10 to $20 per thousand, so that could have a significant effect of how much you can affo...
by berg
Mon Jan 12, 2015 10:53 am
 
Forum: Personal Finance (Not Investing)
Topic: If you were me, how much would your home budget be?
Replies: 36
Views: 3652

Re: If you were me, how much would your home budget be?

So I see the equity and the home "value" but what was your current mortgage originally for? I don't see a ton of room to "upgrade" the size of the mortgage. I wouldn't go over about 650k personally. But houses cost a LOT less where I live and that would buy you a mini mansion wi...
by berg
Sun Jan 11, 2015 9:01 pm
 
Forum: Personal Finance (Not Investing)
Topic: If you were me, how much would your home budget be?
Replies: 36
Views: 3652

Re: If you were me, how much would your home budget be?

I second the advice given by Toons. I am 32 and my house will be paid off when I am 36. Big believer in buying a house that you can pay off in 10-15 years max. Why be strapped to a crazy mortgage payment each month? I would never intend to be cash strapped and would continue to max out our 401ks, R...
by berg
Sun Jan 11, 2015 8:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: If you were me, how much would your home budget be?
Replies: 36
Views: 3652

Re: If you were me, how much would your home budget be?

I second the advice given by Toons. I am 32 and my house will be paid off when I am 36. Big believer in buying a house that you can pay off in 10-15 years max. Why be strapped to a crazy mortgage payment each month? I would never intend to be cash strapped and would continue to max out our 401ks, R...
by berg
Sun Jan 11, 2015 4:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: If you were me, how much would your home budget be?
Replies: 36
Views: 3652

Re: If you were me, how much would your home budget be?

you don't say why you are looking for another property. With the 529 I assume a little one is on the way or already part of your family. If you want to upgrade for size or a more modern home have you considered remodeling? This is assuming you like your neighborhood and the school district is good....
by berg
Sun Jan 11, 2015 12:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: If you were me, how much would your home budget be?
Replies: 36
Views: 3652

Re: If you were me, how much would your home budget be?

Let's see what it looks like if you upscale to a $700k home. Today, you have a $350k mortgage. You put up another $200k in equity (from taxable and cash savings) and you buy a $700k home, keeping your mortgage at today's level of $350k. So, you monthly cash flow and budget are unchanged. Fine, but ...
by berg
Sun Jan 11, 2015 11:55 am
 
Forum: Personal Finance (Not Investing)
Topic: If you were me, how much would your home budget be?
Replies: 36
Views: 3652

If you were me, how much would your home budget be?

Wanted to share some stats and see what you would think or if you are similar what you have done. I hate the various rules of thumb and mortgage calculators and would just love to hear some opinions from the bogleheads. So current stats: Net worth: ~$770,000 Retirement $263,000 Home Equity $155,000 ...
by berg
Sun Jan 11, 2015 11:30 am
 
Forum: Personal Finance (Not Investing)
Topic: If you were me, how much would your home budget be?
Replies: 36
Views: 3652

Re: Ruud vs. A.O. Smith Electric Water Heater

Argh. Why is this so difficult. Haha.

With my handiness, I want the tank that has the highest probability that I don't need to call a plumber for the longest period of time.
by berg
Tue Nov 11, 2014 4:49 pm
 
Forum: Personal Consumer Issues
Topic: Ruud vs. A.O. Smith Electric Water Heater
Replies: 9
Views: 570

Re: Ruud vs. A.O. Smith Electric Water Heater

Probably a toss up. I'd probably stick with the plumber/company you use the most frequently. Our first A.O. Smith 50 gal (gas) lasted 17 years. Just replaced it this summer with a new A.O. Smith 50 gal. (also gas). Cost was ~$1,500 installed. Did you let it leak? I have a little bit of rust on mine...
by berg
Tue Nov 11, 2014 2:33 pm
 
Forum: Personal Consumer Issues
Topic: Ruud vs. A.O. Smith Electric Water Heater
Replies: 9
Views: 570

Ruud vs. A.O. Smith Electric Water Heater

I have two plumbers that are both recommended in my area. One is pricing a Ruud unit @ $1640 for install w/ 10 year warranty. The other is an A.O. Smith w/ a 10 year warranty prices at $1725 (but they have a 10% off coupon on angie's list, so should be $1552). Should I go with the cheaper option in ...
by berg
Tue Nov 11, 2014 1:34 pm
 
Forum: Personal Consumer Issues
Topic: Ruud vs. A.O. Smith Electric Water Heater
Replies: 9
Views: 570

Do you optimize for consistent cash flow? (max 401k early)

My wife doesn't get a 403b match, so last year we maxed it out early and then had a bigger paycheck in the last 1/3 of the year. For me, I put more in early to my 401k, then reduced after a bonus in Q2 to make even payments throughout the year to ensure I got the max match. While I liked maxing out ...
by berg
Sun Nov 02, 2014 10:29 am
 
Forum: Personal Finance (Not Investing)
Topic: Do you optimize for consistent cash flow? (max 401k early)
Replies: 7
Views: 888

Group Legal through work - Hyatt Legal

Anybody have any experience with this? Through my employer I have the opportunity to purchase group legal for $201 for the year. I recently had a baby and think it makes sense to create a will, maybe a trust, have papers filed on guardianship, etc. Also, my elderly divorced father could probably use...
by berg
Thu Oct 30, 2014 2:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Group Legal through work - Hyatt Legal
Replies: 6
Views: 592

Elderly parent on path to run out of money in 6 months

My father has always been terrible with money. Unfortunately, at age 75 he is on a path to run out of savings and will only have some SS and alimony to live off of. He has made many poor decisions and his choices have inspired the opposite behavior in me. For anybody with experience with this with a...
by berg
Tue Oct 28, 2014 7:16 pm
 
Forum: Personal Finance (Not Investing)
Topic: Elderly parent on path to run out of money in 6 months
Replies: 13
Views: 3155

Re: How did you buy your forever home (or larger home)?

Our forever home ,the one we are in now cost less and was less square footage than my prior home.We sold the larger home,paid for the smaller forever home,,and had a few dollars left over after all was said and done.Didn't want a mortgage payment :happy Updated title for "largest home." :D
by berg
Wed Oct 22, 2014 5:34 pm
 
Forum: Personal Finance (Not Investing)
Topic: How did you buy your largest home?
Replies: 25
Views: 2792

How did you buy your largest home?

As I'm looking to upgrade our home, curious how others have done it. Do more people take their profits from a starter home and savings and put down a bigger DP or do you do the minimum 20% down and keep the funds invested otherwise. For example, I might not feel comfortable based on cash flow to aff...
by berg
Wed Oct 22, 2014 5:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: How did you buy your largest home?
Replies: 25
Views: 2792

Laddering Term Life Insurance

I've been approved for life insurance and just trying to finalize the amounts and terms. Due to a health condition it is a bit pricey, but worth it for the piece of mind. Here are my options: 30 years of $1.5 million for $2600 per year 30 years of $1 million and 20 years of $500k for $2267 per year ...
by berg
Mon Oct 20, 2014 12:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: Laddering Term Life Insurance
Replies: 5
Views: 431

Re: When to think about tax lost harvesting

I did tax loss harvesting in 2008/09 and have more losses than I will ever use up as deductions at ordinary income tax rates- unless I live to be about 140. I was generally able to return to my original fund allocation, except that I presently hold Vanguard's Large cap fund rather than Total Stock ...
by berg
Mon Oct 20, 2014 12:44 pm
 
Forum: Investing - Help with Personal Investments
Topic: When to think about tax lost harvesting
Replies: 19
Views: 1495

Re: Plan of attack for Tax Lost Harvesting VTIAX and VTSAX

Ok, so I think I understand what I need to do. I currently have a loss just over $3500.

Is there any reason not to do it. My tax bracket is 33%, so seems like it would be prudent to try to get the deduction and save nearly $1000.
by berg
Mon Oct 20, 2014 12:41 pm
 
Forum: Investing - Help with Personal Investments
Topic: Plan of attack for Tax Lost Harvesting VTIAX and VTSAX
Replies: 21
Views: 1551

Re: Plan of attack for Tax Lost Harvesting VTIAX and VTSAX

Here is simple: Exchange all loser shares of VTIAX to VFWAX now. Do nothing else. Exchange all loser shares of VTSAX to VLCAX now. Do nothing else. Ha. I like simple, thanks! Will this have any other impact on my taxes in the future? Or would it simply be if did this exchange today and sold at any ...
by berg
Mon Oct 20, 2014 10:25 am
 
Forum: Investing - Help with Personal Investments
Topic: Plan of attack for Tax Lost Harvesting VTIAX and VTSAX
Replies: 21
Views: 1551

Re: Plan of attack for Tax Lost Harvesting VTIAX and VTSAX

Honestly, I'm just trying to keep it as simple as possible.

I wonder if it would make more sense to just move to money market for 31 days and then move back to the same funds. I might miss out on some gains, but this is for long term growth.
by berg
Mon Oct 20, 2014 9:55 am
 
Forum: Investing - Help with Personal Investments
Topic: Plan of attack for Tax Lost Harvesting VTIAX and VTSAX
Replies: 21
Views: 1551

Re: Plan of attack for Tax Lost Harvesting VTIAX and VTSAX

I don't understand most of these gyrations as there don't seem to be any substantially identical funds except in the Roth not to mention that the IRS publications don't mention anything about 401k and 403b even being potential for wash sale. So ignoring my 401k and 403b, does the plan make sense ot...
by berg
Mon Oct 20, 2014 8:10 am
 
Forum: Investing - Help with Personal Investments
Topic: Plan of attack for Tax Lost Harvesting VTIAX and VTSAX
Replies: 21
Views: 1551

Plan of attack for Tax Lost Harvesting VTIAX and VTSAX

So I think I have a grasp on tax lost harvesting, but this is my first time, so hoping for some help to confirm my plan. In a taxable account I hold VTSAX and VTIAX. I also hold these funds in our Roth IRAs. In my wife's 403b she holds FSIVX (Spartan Int'l Index) and FSTVX (Spartan Total Market Inde...
by berg
Sun Oct 19, 2014 9:40 am
 
Forum: Investing - Help with Personal Investments
Topic: Plan of attack for Tax Lost Harvesting VTIAX and VTSAX
Replies: 21
Views: 1551

When to think about tax lost harvesting

This might be the first year I try to tax loss harvest. Should I wait until December or for those who have done it, when do you start to plan and act?
by berg
Sun Oct 19, 2014 6:57 am
 
Forum: Investing - Help with Personal Investments
Topic: When to think about tax lost harvesting
Replies: 19
Views: 1495

Re: Anybody ever reduce term coverage amount?

You know, I am in the same boat. I have two kids, one is an infant, the other is 3. I purchased 3 policies. One for my wife for 30 years wasn't all that expensive (she's younger). One for myself for 20 years that was way more expensive. There's a 30 years policy on the way for 500K, but the premium...
by berg
Fri Oct 17, 2014 3:04 pm
 
Forum: Personal Finance (Not Investing)
Topic: Anybody ever reduce term coverage amount?
Replies: 16
Views: 1040

Re: Anybody ever reduce term coverage amount?

technovelist wrote:I'd just buy the whole thing as one policy if it isn't a burden for you financially. It gives you more flexibility at a relatively low extra cost.


It would be about 1.8% of our gross annual salaries (not including bonuses or stock). I don't think it would be a burden, but is still a lot of money.
by berg
Fri Oct 17, 2014 12:35 pm
 
Forum: Personal Finance (Not Investing)
Topic: Anybody ever reduce term coverage amount?
Replies: 16
Views: 1040

Re: Anybody ever reduce term coverage amount?

Take into consideration how old your kids are right now, and how much your are saving into their 529 plans, etc. Additional insurance after the 20 year mark is probably not necessary. I like your approach and strategy, makes sense to me. We have one child who is two months old and then would like t...
by berg
Fri Oct 17, 2014 12:30 pm
 
Forum: Personal Finance (Not Investing)
Topic: Anybody ever reduce term coverage amount?
Replies: 16
Views: 1040

Re: Anybody ever reduce term coverage amount?

I did a 20yr-30yr ladder. What is the difference in price for you of doing the ladder or just doing 30 years? Having only $1 million dollars of life insurance 20 years from now doesn't sound terrible. My broker is pulling the numbers now to confirm. But he believes it will reduce my annual cost by ...
by berg
Fri Oct 17, 2014 10:49 am
 
Forum: Personal Finance (Not Investing)
Topic: Anybody ever reduce term coverage amount?
Replies: 16
Views: 1040

Anybody ever reduce term coverage amount?

I'm in final stages of purchasing life insurance and I am debating a full 30 year of $1.5 million or doing a ladder and doing 20 year of $500k and 30 year of $1 million (so for the first 20 years I'd have $1.5 million in total coverage). Due a to a health condition $1.5 million is going to cost me $...
by berg
Fri Oct 17, 2014 10:22 am
 
Forum: Personal Finance (Not Investing)
Topic: Anybody ever reduce term coverage amount?
Replies: 16
Views: 1040

Re: Survivor Benefits When Buying Life Insurance

bluemarlin08 wrote:Do each of you have personal disability insurance?


Yes. We both have 60% through our employers in addition to what SS or her pension plan will pay out for a disability.
by berg
Sat Oct 11, 2014 9:48 am
 
Forum: Personal Finance (Not Investing)
Topic: Survivor Benefits When Buying Life Insurance
Replies: 7
Views: 308

Re: Survivor Benefits When Buying Life Insurance

Will your SS survivor benefits be 49K if your wife continues to work? I'm not sure of this. I just read on the site when I logged in, if you died today you would get X. It said $2037 for my child and $2037 per month for my spouse. Is there more I need to know? Does her work affect the spousal benef...
by berg
Sat Oct 11, 2014 9:48 am
 
Forum: Personal Finance (Not Investing)
Topic: Survivor Benefits When Buying Life Insurance
Replies: 7
Views: 308

Re: Survivor Benefits When Buying Life Insurance

How much are your current expenses and how much would it cost to pay off the house? Do you get any insurance from your place of employment? Mortgage is payment is $2400 per month (including tax and insurance). On average we spend about $10k per month. But this includes our vacations, dining out, et...
by berg
Sat Oct 11, 2014 9:43 am
 
Forum: Personal Finance (Not Investing)
Topic: Survivor Benefits When Buying Life Insurance
Replies: 7
Views: 308

Re: How much of your Emergency Fund would you lock up in CDs

I guess I'm the outlier here. I think it is okay to lock up some of your EF if it is fully funded in CD's. If you have 6 to 9 months of expenses in your EF, it is probably safe to have 1 to 2 months immediately available and the rest locked up in CDs with someone like Ally that you can break fairly ...
by berg
Sat Oct 11, 2014 9:14 am
 
Forum: Personal Finance (Not Investing)
Topic: How much of your Emergency Fund would you lock up in CDs?
Replies: 37
Views: 2999

Survivor Benefits When Buying Life Insurance

I recently started a thread on term life insurance, so thanks to those who shared their thoughts. The quick recap is that my wife and I have been approved for 30 year terms. $1 million for her and $1.5 million for me. Due to a health condition mine is $2600 per year, hers is $980. Our broker advised...
by berg
Sat Oct 11, 2014 9:07 am
 
Forum: Personal Finance (Not Investing)
Topic: Survivor Benefits When Buying Life Insurance
Replies: 7
Views: 308

Re: % of income spent on life insurance

Just to make sure have you factored in to your calculations the Social Security Payments that would come if one of you were to die with children not yet 18? For earners like yourselves they are significant. I haven't is there a place I can check that easily? My wife actually doesn't pay into SS, as...
by berg
Thu Oct 09, 2014 10:03 am
 
Forum: Personal Finance (Not Investing)
Topic: % of income spent on life insurance
Replies: 19
Views: 1588

Re: % of income spent on life insurance

Thanks everyone for your thoughts. I love the boglehead mentality and everyone trying to make sure I'm being smart with my money. Indeed I did shop around with an independent agent and talked to several independent websites too (AccuQuote, etc.). Here is the thing though. I was born with a condition...
by berg
Thu Oct 09, 2014 6:56 am
 
Forum: Personal Finance (Not Investing)
Topic: % of income spent on life insurance
Replies: 19
Views: 1588

% of income spent on life insurance

My wife and I were just approved for two policies. I'm 31 and she is 29. We are looking at 30 year term, $1.5 million for me and $1 million for her, which I believe is reasonable. We have one child who was just born. Right now our combined salaries, excluding bonuses and stock, is $204k per year (13...
by berg
Wed Oct 08, 2014 4:10 pm
 
Forum: Personal Finance (Not Investing)
Topic: % of income spent on life insurance
Replies: 19
Views: 1588

Real life windfall experiences?

I've read a lot about windfalls. Curious if some of the Bogleheads have stories to share about how they treated their own and what they did well or what maybe they wouldn't do again. Ideally thinking a windfall that could have a big impact on your life, but not necessarily mean instant retirement (s...
by berg
Mon Oct 06, 2014 2:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: Real life windfall experiences?
Replies: 23
Views: 4615

Re: Experience with big spike in earnings (stock options)

Thanks for the advice all.

I'm curious though how others hand handled the big differences in their annual income or an early spike that they never saw again later vs. specifics of stock options. Any additional thoughts would be appreciated!
by berg
Mon Sep 29, 2014 6:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Experience with big spike in earnings (stock options)
Replies: 8
Views: 1037

Experience with big spike in earnings (stock options)

I would love to hear from some bogleheads more experienced than I with how they dealt with large spikes in earnings. Things they did well, things they regret. My wife and I make an income about $225k and I expect that to be fairly steady and hopefully continue to raise (though I'm not in the type of...
by berg
Sun Sep 28, 2014 8:37 am
 
Forum: Personal Finance (Not Investing)
Topic: Experience with big spike in earnings (stock options)
Replies: 8
Views: 1037

Re: Buy a 30 and 20 term policy at the same time?

Thanks all, great advice. I have shopped around through AccuQuote and SelectQuote and now with the Northwestern Mutual agent as well. They are all coming back the same basically. The NW agent is local, from my hometown (went to school with my sister), and hasn't tried to push anything except the ter...
by berg
Wed Sep 03, 2014 7:24 am
 
Forum: Personal Finance (Not Investing)
Topic: Buy a 30 and 20 term policy at the same time?
Replies: 16
Views: 1241

Re: Buy a 30 and 20 term policy at the same time?

dhodson wrote:I hate it when I have to agree with the agents but I'm going with BS as well. :greedy



BS on what?
by berg
Tue Sep 02, 2014 2:58 pm
 
Forum: Personal Finance (Not Investing)
Topic: Buy a 30 and 20 term policy at the same time?
Replies: 16
Views: 1241

Re: Buy a 30 and 20 term policy at the same time?

I personally know this broker and he knows I don't want whole. He even said that.

He just said he had gotten policies for people with my exact condition before and had gotten better ratings than the other companies were giving me.
by berg
Tue Sep 02, 2014 2:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: Buy a 30 and 20 term policy at the same time?
Replies: 16
Views: 1241

Buy a 30 and 20 term policy at the same time?

I'm talking to a broker at Northwestern Mutual about term life insurance for myself and my wife. I'm 31 and she is 29. Based on research, I'm looking at $1.5MM for myself and $1MM for my wife. I'm looking at 30 year term policies. Northwestern Mutual only offers 20 year policies. He said when he was...
by berg
Tue Sep 02, 2014 9:41 am
 
Forum: Personal Finance (Not Investing)
Topic: Buy a 30 and 20 term policy at the same time?
Replies: 16
Views: 1241

Pay more for term you can convert? Prudential vs. Banner

Was just speaking to a rep about 30 year term policies. He said Prudential might be $50 more per year vs. Banner Life, but was recommending them because they at least have the option to convert to whole at the end of the policy and Banner doesn't. I know the general consensus is term only around her...
by berg
Fri Aug 29, 2014 10:59 am
 
Forum: Personal Finance (Not Investing)
Topic: Pay more for term you can convert? Prudential vs. Banner
Replies: 4
Views: 544

Re: Raise deductible after an insurance claim?

I just talked to my agent. It's $200 cheaper to go with a $2500 deductible vs. a $1000 deductible. Sound like it's worth it? Those are the types of quotes that caused me to take the 2500 deductible vs the 5000 or 10,000 deductible. I never thought I was getting a decent discount for the higher dedu...
by berg
Wed Aug 27, 2014 4:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: Raise deductible after an insurance claim?
Replies: 8
Views: 490

Re: Raise deductible after an insurance claim?

I just talked to my agent. It's $200 cheaper to go with a $2500 deductible vs. a $1000 deductible. Sound like it's worth it?
by berg
Wed Aug 27, 2014 12:13 pm
 
Forum: Personal Finance (Not Investing)
Topic: Raise deductible after an insurance claim?
Replies: 8
Views: 490
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