Search found 927 matches

by Bacchus01
Mon May 22, 2017 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Galapagos Trip, Suggestions
Replies: 17
Views: 1643

Re: Galapagos Trip, Suggestions

Definitely following this. I want to take family to Machu/Galapagos in 2018 or 2019

Want to do Inca Trail then Galapagos. Probably take 2 weeks. Kids will be 17, 13, 9. Too young? Should we wait until 18, 14, 10?
by Bacchus01
Sun May 21, 2017 9:19 am
Forum: Investing - Theory, News & General
Topic: Refinance Mortgage From 30 to 15 OR Invest?
Replies: 46
Views: 3958

Re: Refinance Mortgage From 30 to 15 OR Invest?

My opinion is to pay off the home. I am 54 and no mortgage and I can assure you it is the best feeling of your life. Going into retirement with no burden of home ownership (still have maintenance, taxes etc.) payment is great. Having said that, when I was doing this I always wanted to keep my optio...
by Bacchus01
Sun May 21, 2017 9:16 am
Forum: Investing - Help with Personal Investments
Topic: to refinance or not for a small monthy cost
Replies: 12
Views: 433

Re: to refinance or not for a small monthy cost

I haven't seen rates that low for a re-fi lately. Points? Re-fi costs? I have. Those rates look fine. Maybe a little low on a 20. I'm looking to lock a 15 refi in the 3-3.125% range. No points. To the OP, don't look at the monthly outlay especially for such a small difference. Look at the interest ...
by Bacchus01
Sun May 21, 2017 7:20 am
Forum: Investing - Theory, News & General
Topic: Refinance Mortgage From 30 to 15 OR Invest?
Replies: 46
Views: 3958

Re: Refinance Mortgage From 30 to 15 OR Invest?

We are going through that right now. With an ARM that jumped to 4.25% from 2.25%, we decided to refi to 15 at 3.125%. Really we cut a 25 down to 15 based on remaining time.
by Bacchus01
Fri May 19, 2017 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Resigning from a job: best practices and advice?
Replies: 111
Views: 8874

Re: Resigning from a job: best practices and advice?

I think it's been established that giving written notice is the way to go. As LadyGeek said, it would be nice to now focus on other best practices. I'd rather the written notice issue not derail what has been an excellent thread :). DoubleClick, 1) Send an email out to thank everyone and provide yo...
by Bacchus01
Fri May 19, 2017 12:28 pm
Forum: Personal Consumer Issues
Topic: How to pick up good tires for the car?
Replies: 22
Views: 1477

Re: How to pick up good tires for the car?

Rupert wrote:Just read your other post. You've answered your own question here: Your tire tread is worn so quickly because you drive like a maniac. Driving 80 mph all the time is not okay.


What?

80mph on the freeway and I get passed every morning on the way to work. I drive 80 mph for 2 hours every day.
by Bacchus01
Fri May 19, 2017 7:46 am
Forum: Investing - Help with Personal Investments
Topic: I am a huge believer in Passive Indexing.. but.....
Replies: 42
Views: 3329

Re: I am a huge believer in Passive Indexing.. but.....

WolfgangPauli wrote:
Bacchus01 wrote:You bought shares in customer companies? Be careful here


Why? My thought process was if they were smart enough to hire me .. they must be good??


The big risk is that you could have insider information

It could also be a significant conflict of interest
by Bacchus01
Fri May 19, 2017 7:23 am
Forum: Investing - Help with Personal Investments
Topic: I am a huge believer in Passive Indexing.. but.....
Replies: 42
Views: 3329

Re: I am a huge believer in Passive Indexing.. but.....

You bought shares in customer companies? Be careful here
by Bacchus01
Fri May 19, 2017 6:59 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3511
Views: 915517

Re: U.S. stocks in freefall

MrNewEngland wrote:VTI, VOO, & VBK were all down more than 1% today. I bought more of all three.


My 401k hit my account that day. All is well
by Bacchus01
Fri May 19, 2017 5:49 am
Forum: Personal Finance (Not Investing)
Topic: Resigning from a job: best practices and advice?
Replies: 111
Views: 8874

Re: Resigning from a job: best practices and advice?

1. Give at least 2 weeks notice, 3 if you are amidst a key project (if new employer is ok with waiting). 2. What you already said - I'm leaving for career growth and pay. 3. Just go in and tell the boss. It's always awkward/uncomfortable. Hand him/her a letter. 4. Why not? Who cares? 5. Co-workers ...
by Bacchus01
Thu May 18, 2017 4:56 pm
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 12944

Re: For those with $500k-$1m in investments...

I'm out of range, and thank goodness. Between 529s, stock options, and unvested restricted stock, this is actually a complex question. OP said "retirement" accounts so I assume isn't asking that 529's be included. I agree, it is a very complex question and I'm not sure the answer (even if...
by Bacchus01
Thu May 18, 2017 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Question for you high net worth individuals... [real estate investments]
Replies: 82
Views: 10462

Re: Question for you high net worth individuals...

Hi all, For you high net worth individuals (talking $3 million+), how much of that was attributed to real estate investing? I always keep reading and hearing from friends that real estate is the way to true wealth. There are a few reasons why I haven't gotten into RE yet: 1. Have no experience in i...
by Bacchus01
Thu May 18, 2017 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Should I sell my business?
Replies: 41
Views: 3442

Re: Should I sell my business?

How did you come about that valuation? What is your EBITDA? 6X should be your bottom end. 12-14X is not unheard of for a service company. Why would you finance it so low and continue to take on enormous risk? You said yourself it's heavy on owner involvement and there is a small pool. 6% does not s...
by Bacchus01
Thu May 18, 2017 3:46 pm
Forum: Investing - Theory, News & General
Topic: For those with $500k-$1m in investments...
Replies: 138
Views: 12944

Re: For those with $500k-$1m in investments...

~$2M

Tax Preferred: 58%
Taxable: 42%

The tax preferred includes 401k, deferred comp, 529s, Roth, and HSA. Of that, it breaks down like:

401K: 76.0%
Deferred Comp: .2%
HSA: 2.6%
529s: 10.6%
Roth: 10.6%
by Bacchus01
Thu May 18, 2017 5:52 am
Forum: Personal Finance (Not Investing)
Topic: Should I sell my business?
Replies: 41
Views: 3442

Re: Should I sell my business?

How did you come about that valuation? What is your EBITDA? 6X should be your bottom end. 12-14X is not unheard of for a service company. Why would you finance it so low and continue to take on enormous risk? You said yourself it's heavy on owner involvement and there is a small pool. 6% does not se...
by Bacchus01
Wed May 17, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford a 800K house?
Replies: 52
Views: 4996

Re: Can we afford a 800K house?

$30K a year on food? Good lord.

That's a lot for 4 people with two of them being pretty young.
by Bacchus01
Fri May 12, 2017 10:50 pm
Forum: Personal Consumer Issues
Topic: Buying Major Appliances Online
Replies: 20
Views: 1895

Re: Buying Major Appliances Online

Just bought a GE Profile dishwasher online from costco today. Net price was about $50 more than Home Depot and maybe $100 more than best online price I could find. But, I got free delivery and installation, haul away the old unit and a 4 year warranty instead of the standard 1.

Heck of a deal.
by Bacchus01
Fri May 12, 2017 12:35 pm
Forum: Personal Consumer Issues
Topic: Yellowstone Itinerary
Replies: 31
Views: 1690

Re: Yellowstone Itinerary

Yellowstone is not an area that you normally need a guide, but if optimizing a chance to see wolves is high on your list you may want to look into getting a guide for a day. Wolves are normally very wary of humans and success in spotting them will require a combination of knowledge, luck and the ri...
by Bacchus01
Fri May 12, 2017 12:35 pm
Forum: Personal Consumer Issues
Topic: Yellowstone Itinerary
Replies: 31
Views: 1690

Re: Yellowstone Itinerary

July 5th in morning Head to Jackson, stopping at Jenny Lake to Hidden Falls and hiking that area, stay in Jackson Rustic Inn Creekside Resort If you can, I'd highly suggest going past Inspiration Point and down into Cascade Canyon. Most people stop at Inspiration Point, so the hike into the canyon ...
by Bacchus01
Fri May 12, 2017 10:38 am
Forum: Personal Consumer Issues
Topic: Yellowstone Itinerary
Replies: 31
Views: 1690

Re: Yellowstone Itinerary

If you want to go see wildlife in Lamar Valley, you have a MUCH better chance if you are there around sunrise or sunset. (although wolves are still rare) If you are wanting to go from Mammoth to Lamar to West Yellowstone that will be tough unless you are really good at getting out of hotel early.. ...
by Bacchus01
Fri May 12, 2017 8:58 am
Forum: Personal Consumer Issues
Topic: Yellowstone Itinerary
Replies: 31
Views: 1690

Re: Yellowstone Itinerary

I very seriously doubt you're going to find a room anywhere near Jackson on July 4. Plus, do you have any idea how long it takes to drive to Jackson from Canyon Lodge through the Tetons? I would totally nix that idea. Actually, if I were you, I'd spend the first two nights (July 1 & 2) in a hot...
by Bacchus01
Fri May 12, 2017 8:56 am
Forum: Personal Consumer Issues
Topic: Yellowstone Itinerary
Replies: 31
Views: 1690

Re: Yellowstone Itinerary

mak1277 wrote:We did a sunrise float trip on the Snake River in Jackson and I highly recommend it. Note, it wasn't white water, just a leisurely float, but it was great (and we saw a moose!).


We definitely want to do this. If you have an outfitter you suggest, please share.
by Bacchus01
Fri May 12, 2017 7:49 am
Forum: Personal Consumer Issues
Topic: Yellowstone Itinerary
Replies: 31
Views: 1690

Re: Yellowstone Itinerary

lol...if you havent booked lodging yet for July you're out of luck. We stayed at the yellowstone inn lodge right by old faithful...we had to book almost a year in advance. Also agree that going over July...or anytime school is out...mid june to mid august...traffic is going to be a nightmare within...
by Bacchus01
Fri May 12, 2017 7:49 am
Forum: Personal Consumer Issues
Topic: Yellowstone Itinerary
Replies: 31
Views: 1690

Re: Yellowstone Itinerary

About 7 years ago I went to yellowstone over the 4th and swore I would never do it again. There will be times that you'll be stuck in traffic that will remind you of a typical urban area at rush hour. Like Livesoft said your itinerary has you spending lots of time in a vehicle. You are covering a v...
by Bacchus01
Fri May 12, 2017 7:44 am
Forum: Investing - Help with Personal Investments
Topic: Nonqualified Deferred Compensation distributions
Replies: 13
Views: 849

Re: Nonqualified Deferred Compensation distributions

I choose manager me to the shortest period (5 years from now) and lump sum. Why? I'm 43. If I need the money in 5 years (like for kids college) I have access to it. If I don't, I can offset the payout amount plus any additional income in that year and be at least tax neutral. Once I hit 50 I will ch...
by Bacchus01
Fri May 12, 2017 6:16 am
Forum: Personal Consumer Issues
Topic: Yellowstone Itinerary
Replies: 31
Views: 1690

Re: Yellowstone Itinerary

I keep checking the website every day for listing in the park. They open up from time to time and they say to check every day. I grabbed Canyon last night although it had shown booked prior.
by Bacchus01
Thu May 11, 2017 11:32 pm
Forum: Personal Consumer Issues
Topic: Yellowstone Itinerary
Replies: 31
Views: 1690

Yellowstone Itinerary

I've read so much in Yellowstone it's making my head spin. I think I've read every post here on the subject even. Still, is like some help. We will be going to the area July 1 through July 8. We have the choice to fly into either Bozeman or Jackson. Flights will be free for 5 of us using frequent fl...
by Bacchus01
Thu May 11, 2017 9:42 am
Forum: Personal Consumer Issues
Topic: How do Bogleheads buy cars?
Replies: 71
Views: 7506

Re: How do Bogleheads buy cars?

Pretty much as above. 2-3 years old, 20-30K miles. Remaining factory warranty and usually CPO to 100K. Sell or trade at around 90K miles.

That reminds me, my BMW is now at 90K miles. Better start looking.
by Bacchus01
Fri May 05, 2017 5:41 am
Forum: Investing - Help with Personal Investments
Topic: Unfunded, non-qualified deferred plan - What is this thing?
Replies: 18
Views: 1330

Re: Unfunded, non-qualified deferred plan - What is this thing?

I contribute to a similar plan almost entirely on the basis of tax strategy. I try to put enough in to get to the next marginal tax bracket with the assumption I'll be in that bracket or lower on retirement. This my gain is essentially the difference between those brackets at a minimum. Also, I use ...
by Bacchus01
Wed May 03, 2017 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: 401k vs HSA limits
Replies: 13
Views: 1428

Re: 401k vs HSA limits

Spirit Rider wrote:
Bacchus01 wrote:Don't need payroll deductions. Fund it outside of payroll.

Yes, but especially in the more general case, HSA payroll deductions are also FICA tax free.


I didn't say they weren't.
by Bacchus01
Wed May 03, 2017 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: Do you know exactly what % of income you spend?
Replies: 48
Views: 3564

Re: Do you know exactly what % of income you spend?

32% goes to expenses beyond taxes and investing.
by Bacchus01
Fri Apr 28, 2017 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: 401k vs HSA limits
Replies: 13
Views: 1428

Re: 401k vs HSA limits

Don't need payroll deductions. Fund it outside of payroll.
by Bacchus01
Wed Apr 26, 2017 7:07 am
Forum: Personal Consumer Issues
Topic: How do you build a house?
Replies: 10
Views: 1573

Re: How do you build a house?

I'm a longtime RE developer of larger projects and I'll tell you that every market is different. I would suggest a couple of things. First, go to Netflix and watch "Grand Designs". They have two seasons worth of projects that are ground-up designs that range from do-it-yourself projects t...
by Bacchus01
Tue Apr 25, 2017 9:59 pm
Forum: Personal Consumer Issues
Topic: How do you build a house?
Replies: 10
Views: 1573

Re: How do you build a house?

The crux is you either need to find a good architect & builder, or a good design/build firm. The trick is finding a good one. If you can find recommendations from friends & colleagues, that's your best bet. I've found a few books helpful: Designing Your Perfect House -- helped me understand...
by Bacchus01
Tue Apr 25, 2017 9:38 pm
Forum: Personal Consumer Issues
Topic: How do you build a house?
Replies: 10
Views: 1573

How do you build a house?

I'm thinking this is a silly question, but what the heck. I need to understand how to build a house? Not actually doing it, but the process of finding a builder, etc. We have some land and are considering building a house on it, but don't know where to start. We have bought custom spec homes in the ...
by Bacchus01
Tue Apr 25, 2017 9:16 pm
Forum: Personal Consumer Issues
Topic: New job and offer - recruiter sent a wrong $$
Replies: 43
Views: 5105

Re: New job and offer - recruiter sent a wrong $$

Also, let's keep this in perspective. If you were promised $220k and got an offer for $200k and really want the job...well there aren't that many $200k jobs. $20k likely isn't going to make a huge difference in your life. If it was a $70k offer that turned into $50k, I won't say those jobs are dime...
by Bacchus01
Tue Apr 25, 2017 6:24 am
Forum: Personal Consumer Issues
Topic: New job and offer - recruiter sent a wrong $$
Replies: 43
Views: 5105

Re: New job and offer - recruiter sent a wrong $$

Also, let's keep this in perspective. If you were promised $220k and got an offer for $200k and really want the job...well there aren't that many $200k jobs. $20k likely isn't going to make a huge difference in your life. If it was a $70k offer that turned into $50k, I won't say those jobs are dime...
by Bacchus01
Mon Apr 24, 2017 9:36 pm
Forum: Personal Consumer Issues
Topic: Zero-Turn Mowers
Replies: 52
Views: 3815

Re: Zero-Turn Mowers

I haven't seen it mentioned, but what is the consensus for Poulan Pro Mowers? I was looking into potentially buying the PP19A42 model Made by Husqvarna. Bottom of their line. It's on par with any other $1K rising lawn mower, which is to say not great. If you buy it expecting it to last 3-4 years, i...
by Bacchus01
Mon Apr 24, 2017 6:26 pm
Forum: Personal Consumer Issues
Topic: Zero-Turn Mowers
Replies: 52
Views: 3815

Re: Zero-Turn Mowers

Does it have the Chinese Toro engine? Loncin, one of the largest engine manufacturers in the world. Toro has been using Loncin engines in many of their products since 2009. Non emissions scooter engines, yes. They are not remotely of the quality and experience in the turf market as the big brands. ...
by Bacchus01
Mon Apr 24, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: Zero-Turn Mowers
Replies: 52
Views: 3815

Re: Zero-Turn Mowers

Thank you all for the responses! I ended up purchasing a Cub Cadet RZT L 46 inch mower. I went with this mower for a couple reasons. First, I was able to get a fabricated deck which was almost impossible to find at the price I wanted. The second is I liked the look and feel of the mower compared to...
by Bacchus01
Mon Apr 24, 2017 11:50 am
Forum: Personal Consumer Issues
Topic: Zero-Turn Mowers
Replies: 52
Views: 3815

Re: Zero-Turn Mowers

Is the steering wheel worth it or better to go with the standard controls? I just got a Toro with the steering wheel (see my post above) and like it. I wanted the zero turn but did not want to use the bars. I smoke a cigar to keep the flies at bay while I cut and enjoy a beverage. I heard the steer...
by Bacchus01
Sun Apr 23, 2017 9:44 pm
Forum: Personal Consumer Issues
Topic: Zero-Turn Mowers
Replies: 52
Views: 3815

Re: Zero-Turn Mowers

Thank you all for the responses! I ended up purchasing a Cub Cadet RZT L 46 inch mower. I went with this mower for a couple reasons. First, I was able to get a fabricated deck which was almost impossible to find at the price I wanted. The second is I liked the look and feel of the mower compared to...
by Bacchus01
Sat Apr 22, 2017 7:01 am
Forum: Investing - Theory, News & General
Topic: Single most important investing advice?
Replies: 97
Views: 11792

Re: Single most important investing advice?

Start by investing in yourself (education, vocational, on-the-job training, etc.). Your earnings potential comes first. This is #1 by a long shot for me. For most of us, the single biggest ROI we will ever see is in our own earning power. It means taking risks, working hard, and sacrificing in many...
by Bacchus01
Fri Apr 21, 2017 6:36 pm
Forum: Investing - Theory, News & General
Topic: Anybody purposely loading up on mortgage debt?
Replies: 107
Views: 10514

Re: Anybody purposely loading up on mortgage debt?

Working on a cash out refi right now

5 ARM will reset June 1 and move from 2.25% to 4.125%. Will refi to a 15 fixed at a hair under 3% while pulling out about $100K
by Bacchus01
Thu Apr 20, 2017 5:20 pm
Forum: Personal Consumer Issues
Topic: About lawn sprinkler sytem
Replies: 16
Views: 1457

Re: About lawn sprinkler sytem

I'm planning to have an automatic lawn sprinkler system installed this Spring/Summer. What are some of the brands to consider and to avoid, for sprinkler heads, valves, master controller etc.? (I assume mix-and-match is not a good idea?) Also, what's a ballpark for cost if in the Midwest? My yard i...
by Bacchus01
Wed Apr 19, 2017 12:24 pm
Forum: Personal Consumer Issues
Topic: How to make best use of lunch with the company president/CEO?
Replies: 55
Views: 5546

Re: How to make best use of lunch with the company president/CEO?

Despite what others have said, I do these for several reasons. One, I want people through the organization to hear the message clearly from me. The strategy and key tactics need to be well understood and I expect questions around those topics. It also gives me a chance to meet with people I just wo...
by Bacchus01
Tue Apr 18, 2017 11:21 am
Forum: Personal Consumer Issues
Topic: How to make best use of lunch with the company president/CEO?
Replies: 55
Views: 5546

Re: How to make best use of lunch with the company president/CEO?

Being the Pres/CEO who does these every two weeks: - be genuine and honest - ask questions - don't ask petty questions like "why do the stalls in the bathroom have poor locks on them" there is a time and place for that question, and this isn't it - give feedback on what you like and don't ...
by Bacchus01
Mon Apr 17, 2017 7:02 am
Forum: Personal Finance (Not Investing)
Topic: HSA as Part of Emergency Fund
Replies: 20
Views: 1609

Re: HSA as Part of Emergency Fund

Do you generally consider your HSA as part of your 3-6 month emergency fund? Or should the emergency fund be considered completely separate from the HSA? I do, but I also pay our medical expenses out of pocket every year. That means I have receipts for several years totalling thousands that I could...
by Bacchus01
Mon Apr 17, 2017 6:59 am
Forum: Personal Finance (Not Investing)
Topic: Physician using Turbotax, owing 30K so far already...
Replies: 65
Views: 7306

Re: Physician using Turbotax, owing 30K so far already...

Be aware that estimated tax must cover the quarter it was earned, while withholding can be done at any time of the year and not be a late payment. I am not sure what you mean by that. Dollars withheld are treated the same as dollars paid as estimated taxes for purposes of the penalty. Topic 306 - P...

Go to advanced search