Search found 181 matches

by HopeToGolf
Fri Feb 05, 2016 6:17 am
Forum: Personal Consumer Issues
Topic: Advice for parents with Perfectionist Child?
Replies: 48
Views: 3266

Re: Advice for parents with Perfectionist Child?

My child shows signs of this and I've employed various ideas for years. Look to establish a growth vs. fixed mindset....Google the concept and Carol Dweck. Also check out Eileen Kennedy-Moore. I have no relationship with these people just familiar with some their work/talks in my quest to be a bette...
by HopeToGolf
Fri Feb 05, 2016 6:02 am
Forum: Personal Consumer Issues
Topic: Sibling's destination wedding?
Replies: 91
Views: 4543

Re: Sibling's destination wedding?

For the posters expressing negative opinions about destination weddings, keep in mind that weddings can be expensive and stressful. Sometimes destination weddings can alleviate all of that in one shot. It is very likely the couple does not want everyone to attend and has no expectation that everyone...
by HopeToGolf
Sat Jan 23, 2016 3:00 am
Forum: Personal Finance (Not Investing)
Topic: Am I hurting myself by saving too much? (re: college funding)
Replies: 104
Views: 6736

Re: Am I hurting myself by saving too much? (re: college funding)

Betterfinances Yes, saving money and having a good income hurts your chances at financial aid that does not involve loans. Other than your kids being smart and desirable(star athlete, elite pianist, etc.) you will pay full freight if you have the money. Yes, people that own businesses have ways to s...
by HopeToGolf
Tue Jan 19, 2016 5:31 am
Forum: Personal Finance (Not Investing)
Topic: 54 with potential ER at 55-- Dreaming?
Replies: 33
Views: 5497

Re: 54 with potential ER at 55-- Dreaming?

OP's Firecalc says he is at 93%. If he can't walk, then who can? For those who say, keep working, why? The numbers seem to support ER.
by HopeToGolf
Fri Jan 15, 2016 7:07 am
Forum: Personal Finance (Not Investing)
Topic: 29 and quitting job for long honeymoon. Is it a bad idea? Talk me out of it
Replies: 70
Views: 5801

Re: 29 and quitting job for long honeymoon. Is it a bad idea? Talk me out of it

Your plan depends on how ambitious you are and what you want to do long term in your career. Continuity is important to some employers so they may want to see progression at your age. I suspect this plan is going to lead to a gap in your resume which will be greater than six months. Tough to find an...
by HopeToGolf
Sun Jan 10, 2016 9:19 am
Forum: Investing - Help with Personal Investments
Topic: Employer Equity and Diversification
Replies: 2
Views: 197

Re: Employer Equity and Diversification

Most will probably say plan your investments independent of your RSUs. The prevailing view is to sell RSUs as soon as you are eligible...I do but wish I did not (since the stock continues to rise faster than the market). If you plan to treat RSUs as part of your portfolio, then accept the fact that ...
by HopeToGolf
Sun Jan 10, 2016 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Include 529 in net worth?
Replies: 32
Views: 2374

Re: Include 529 in net worth?

I include it for net worth calculations (which I do not use for anything). I carve it out of most other calculations since it is a sinking fund of sorts and intended to cover a future expense. That said, if the family ran into some sort of huge emergency/disaster, EVERYTHING is on the table as a sou...
by HopeToGolf
Sun Jan 10, 2016 8:03 am
Forum: Personal Finance (Not Investing)
Topic: How to max out retirement accounts with 120K income?
Replies: 40
Views: 5281

Re: How to max out retirement accounts with 120K income?

I suspect that by maxing the retirement funds available to you, the math shows you will have a better retirement lifestyle than you do today. Since you have a pension, I am assuming you will not retire before 55. Long story short, your original plan has you saving too much. Start with a calculator t...
by HopeToGolf
Sun Jan 10, 2016 7:52 am
Forum: Personal Finance (Not Investing)
Topic: Permanent Employee or contracting job?
Replies: 20
Views: 1066

Re: Permanent Employee or contracting job?

Wow, thanks everyone. I was initially going to bite the $55/hr offer but push it max to $60 but had no facts/counter-points to argue with the agency. I have never done contracting before and it could've been a bad start if I stayed with the initial offer. Come Monday I'm going to have a nice talk! ...
by HopeToGolf
Sun Jan 03, 2016 7:00 am
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax Premier 2015 Free @ Fidelity (premium customers)
Replies: 34
Views: 4294

Re: Turbo Tax Premier 2015 Free @ Fidelity (premium customers)

I looked at the offer after I read these comments, and I think its a little bit misleading - it says "start for free". You then pay with your refund, with a $34.99 transaction fee. That's how I interpret it anyway. I was able to download it for free. Typically, you have to pay to do that ...
by HopeToGolf
Sat Jan 02, 2016 7:51 am
Forum: Investing - Help with Personal Investments
Topic: Hedging against the future of healthcare costs by buying healthcare equities index?
Replies: 24
Views: 1364

Re: Hedging against the future of healthcare costs by buying healthcare equities index?

Good idea but I think your "hedge" has too many factors that are not correlated to deem it effective. Given all the negative political buzz on healthcare companies, I can see a future where the healthcare index may not perform as well as an investment in total market. They were already tax...
by HopeToGolf
Wed Dec 30, 2015 12:22 am
Forum: Personal Finance (Not Investing)
Topic: Turbo Tax Premier 2015 Free @ Fidelity (premium customers)
Replies: 34
Views: 4294

Turbo Tax Premier 2015 Free @ Fidelity (premium customers)

Fidelity is offering 2015 TurboTax premier free for certain types of customers. As afar as I can tell, the product is offered free of charge if you are a Premium Services customer.
by HopeToGolf
Fri Dec 25, 2015 3:04 pm
Forum: Personal Consumer Issues
Topic: Burial plans and Being buried in a National Cemetary
Replies: 16
Views: 1268

Re: Burial plans and Being buried in a National Cemetary

Dm200

The process is very straightforward. It will be made MUCH easier if your survivors have your DD-214. The military can figure out things using a SS number but the DD-214 makes things go smoother and faster.
by HopeToGolf
Sat Dec 19, 2015 7:49 am
Forum: Personal Finance (Not Investing)
Topic: Can I Afford an $800k Home on $4K/month Take Home?
Replies: 146
Views: 11061

Re: Can I Afford an $800k Home on $4K/month Take Home?

livesoft wrote:The OP's twins are not in school yet. I predict those twins end up in private school at a cost that the OP has not factored in yet. :)


Not going to happen if he buys the $800K house and his compensation only keeps up with inflation. He cannot afford private school.
by HopeToGolf
Sat Dec 19, 2015 6:08 am
Forum: Personal Finance (Not Investing)
Topic: Can I Afford an $800k Home on $4K/month Take Home?
Replies: 146
Views: 11061

Re: Can I Afford an $800k Home on $4K/month Take Home?

I think you can probably afford it. My recommendation is to run firecalc using your post-house purchase numbers and see where you land in terms of retirement. What you should be realistic about are your spending habits. You inherited and invested $300K 18 years ago. With decent returns that would be...
by HopeToGolf
Sun Dec 06, 2015 5:30 am
Forum: Personal Finance (Not Investing)
Topic: A car nicer than the boss?
Replies: 169
Views: 11142

Re: A car nicer than the boss?

Driving a R8 or Bentley GT you have to be comfortable with who you are and your conspicuous consumption. If you are comfortable people looking at you and engaging in periodic conversations about your cars and financial situation, buy the car and enjoy it. You will be noticed and talked about or enga...
by HopeToGolf
Sat Dec 05, 2015 6:20 am
Forum: Personal Finance (Not Investing)
Topic: Planned to retire 4/29/16 but now??
Replies: 9
Views: 2152

Re: Planned to retire 4/29/16 but now??

Set expectations consider yourself a OMYer. Deals take time to close and sorting out who should stay or go takes time...especially in Fortune 100-200 companies. I suspect by the time you know if you are going to be severed or not, you may be close to the next year's bonus. That darn bonus keeps pull...
by HopeToGolf
Sat Nov 28, 2015 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Heading toward divorce- what to look out for?
Replies: 51
Views: 8824

Re: Heading toward divorce- what to look out for?

Suggestion: professional marriage therapy asap. Most of 'what they do' is facilitated communication in a non-confrontational environment, and giving you tips/tricks to improve your communication skills at home to prevent a repeat of the falling out you just had. It could be the best money you ever ...
by HopeToGolf
Wed Nov 11, 2015 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: How much car can we afford?
Replies: 29
Views: 2291

Re: How much car can we afford?

I just want to know about the $600K in public sector jobs...where, what do you do and what is your education/experience.

Yes. You can afford a Tesla.
by HopeToGolf
Sat Oct 24, 2015 6:15 am
Forum: Investing - Theory, News & General
Topic: Clarification on retirement savings "benchmarks"
Replies: 7
Views: 1183

Re: Clarification on retirement savings "benchmarks"

I always found that guidance strange. When they say "salary" is that measured at the age in question? In some cases with rising compensation, it could be difficult to hit the mark.
by HopeToGolf
Sun Oct 04, 2015 3:17 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2670
Views: 529625

Re: U.S. stocks in freefall

It's so hard to catch the absolute bottoms. I often found that when I thought I was putting money into stocks when they were down a lot, they dropped more the following day. I have to disagree. One way to catch the bottom is to buy every single day. :twisted: Or if one rebalances on a day they thin...
by HopeToGolf
Sun Oct 04, 2015 3:10 am
Forum: Investing - Help with Personal Investments
Topic: To pay for [children's] college education? Or not ...
Replies: 206
Views: 14131

Re: To pay for college education ? Or not ...

Tzukulika- The $50K in a 529 and the rest in taxable is a good balanced approach. The bottom line is you do not know what kind of school your children will attend or the cost. However, if you want to pay for their education 100%, do your best to ensure you do not spend the money. I think it is a ver...
by HopeToGolf
Sun Oct 04, 2015 2:53 am
Forum: Investing - Help with Personal Investments
Topic: To pay for [children's] college education? Or not ...
Replies: 206
Views: 14131

Re: To pay for college education ? Or not ...

I'm not a dad YET, but I have nephews and nieces. As a former Marine, and a benefactor of the GI Bill, I have been secretly (my sister doesn't like the idea) been encouraging the boys to join the Air Force or Navy when they graduate high school in order to gain some maturity, life experience, and a...
by HopeToGolf
Sun Oct 04, 2015 2:01 am
Forum: Personal Finance (Not Investing)
Topic: HSA, FSA, and all that jazz [Health Savings, Flex Spending Acc'ts]
Replies: 12
Views: 1047

Re: HSA, FSA, and all that jazz [Health Savings, Flex Spending Acc'ts]

One additional question. My wife and I decided we'll both go on the HDHP (we both work for same employer, if I haven't mentioned that already). In that situation, are we supposed to both open individual HSAs for each of us, or do we open one family HSA and use that for both of our expenses? If each...
by HopeToGolf
Wed Sep 30, 2015 3:29 am
Forum: Personal Finance (Not Investing)
Topic: Laid off today.. please advise
Replies: 35
Views: 5038

Re: Laid off today.. please advise

Depending on whether or not you would like to continue in the industry or eventually go back to the employer down the road, get an attorney who is willing to go back to the employer to negotiate. In fact, regardless of your career aspirations I would consider that option. The company wants the waive...
by HopeToGolf
Sat Aug 29, 2015 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Joint finances and cash management
Replies: 38
Views: 3053

Re: Joint finances and cash management

Our system is similar to RobinCT except we deposit our checks into one account and carve out a small allowance that we direct to separate accounts. Joint checking - both paychecks used to pay bills Individual Checking - "allowance" we each get to spend any way we like (golf, shoes, pottery...
by HopeToGolf
Thu Aug 27, 2015 3:14 am
Forum: Investing - Theory, News & General
Topic: VHT down 27% - Glitch or missed opportunity
Replies: 59
Views: 7361

Re: VHT down 27% - Glitch or missed opportunity

Interesting thread.

While IJS Is not a Vanguard ETF the others are.....is this happening mainly to the Vanguard ETFs?
by HopeToGolf
Sat Aug 15, 2015 2:50 am
Forum: Investing - Help with Personal Investments
Topic: College savings
Replies: 40
Views: 2345

Re: College savings

Streptococcus If you look back ten years many said the same thing about tuition and it continued to rise. I hope I am wrong but I predict that it will continue to rise but at a lower rate. The bottom line is the programs for loan forgiveness and a large portion of wealthy and foreign students willin...
by HopeToGolf
Mon Aug 10, 2015 3:44 am
Forum: Personal Consumer Issues
Topic: Buying a Rolex Watch
Replies: 74
Views: 7023

Re: Buying a Rolex Watch

It is a luxury item not an investment and many people into horology treat purchases that way.

However, mine have held up in value plus inflation due to a strong aftermarket and price increases. Make no mistake, had I invested in a S&P 500 index fund I would have something of greater value.
by HopeToGolf
Wed Jul 29, 2015 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Divorce [financial implications]
Replies: 72
Views: 7380

Re: Divorce

I'm married and hope I never experience a divorce, but I try to manage and track individual and joint finances carefully just in case my domestic bliss ever goes south. What I have never understood is why people lose (or give away) assets that rightfully belong to them in a divorce. Can't all this ...
by HopeToGolf
Sat Jul 25, 2015 6:06 am
Forum: Investing - Help with Personal Investments
Topic: Mom Investment CEO Needs Help!
Replies: 26
Views: 2316

Re: Mom Investment CEO Needs Help!

Nice job on the savings. $120k on $250k income is awesome. As noted above, run FireCalc. You are doing a good job with the Investment side of the equation but knowing your expenses in retirement and income will give you and your husband valuable information. Lastly, can you work outside the home and...
by HopeToGolf
Sat Jul 11, 2015 6:07 am
Forum: Personal Finance (Not Investing)
Topic: San Francisco Bound - Need Salary Advice
Replies: 55
Views: 5691

Re: San Francisco Bound - Need Salary Advice

Eloshine Your takeaway from this should by "maybe." Everyone has a different definition of "good life." Create a line by line budget (including taxes) and it will easy to figure out. Posting here without it will give you a good idea but not the answer. You should look at real est...
by HopeToGolf
Sun Jul 05, 2015 6:29 am
Forum: Personal Finance (Not Investing)
Topic: Amex 6.99% interest offer
Replies: 20
Views: 3200

Re: Amex 6.99% interest offer

Grt2boutdoors, I find value in and hold 2 Amex cards. One, Fidelity one, gets me 2% back into our Fidelity account. The Amex Cash Preferred card costs $75/year, but pays 6% on groceries to a max reward of $360 (on $6000 of groceries). My wife has one that pays points, and I think it's a waste of ti...
by HopeToGolf
Sun Jun 28, 2015 7:09 am
Forum: Investing - Theory, News & General
Topic: When saving money becomes an irrational obsession
Replies: 157
Views: 28695

Re: When saving money becomes an irrational obsession

Here's a challenge for everyone: what advice would you give to a young person if you knew their tendency was to oversave, rather than spend? I'd probably say: don't forget, your biggest investment, especially in youth, is yourself .. Education, sport, travel, art, relationships .. these can all be ...
by HopeToGolf
Sun Jun 07, 2015 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Career advice: Passed over for unannounced position
Replies: 14
Views: 2549

Re: Career advice: Passed over for unannounced position

It sounds like a simple yet complicated situation. Since the role went unfilled, management may have decided that they needed to spice it up a bit to get a more acceptable candidate. Yes, if management thinks highly of you and believes you can do the job, it would have been good for them to approach...
by HopeToGolf
Sun Jun 07, 2015 8:15 am
Forum: Personal Finance (Not Investing)
Topic: lump sum divorce settlement
Replies: 31
Views: 4273

Re: lump sum divorce settlement

I agree with normaldude....run the numbers. There is not enough information to form a conclusion but it is likely pursuing the degree will be the best option. That said, getting an accounting degree and CPA is no guarantee of finding a better job. If OP's current experience is in a related field the...
by HopeToGolf
Sat May 23, 2015 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Not able to max out all the retirement accounts
Replies: 69
Views: 5145

Re: Not able to max out all the retirement accounts

Yellowgirl 1) Relax, you are doing fine. With 4 kids and at just over $100k salary you cannot afford or need to max out on retirement at your age. If you were successful at doing so, your retirement life would be better than your current standard of living. With 300k in home equity you are fine. Ma...
by HopeToGolf
Sat May 23, 2015 4:20 am
Forum: Personal Finance (Not Investing)
Topic: Not able to max out all the retirement accounts
Replies: 69
Views: 5145

Re: Not able to max out all the retirement accounts

Yellowgirl 1) Relax, you are doing fine. With 2 kids and at just over $100k salary you cannot afford or need to max out on retirement at your age. If you were successful at doing so, your retirement life would be better than your current standard of living. With 300k in home equity you are fine. Max...
by HopeToGolf
Fri May 22, 2015 4:30 am
Forum: Personal Finance (Not Investing)
Topic: Career Advice: Follow "Passion" or Follow the Money?
Replies: 74
Views: 5499

Re: Career Advice: Follow "Passion" or Follow the Money?

Follow your passion. 100K plus is decent and if you are as good as you say other $$$$ opportunities will follow. Additionally, if you have no ties and a similar role can be had at a LCOL location, consider moving. Seriously. Regarding high level strategy consulting, if you are not passionate about t...
by HopeToGolf
Sat May 16, 2015 3:39 am
Forum: Personal Finance (Not Investing)
Topic: Anyone went to top 10 business school? Got a 730 on GMAT. Thoughts?
Replies: 20
Views: 3885

Re: Anyone went to top 10 business school? Got a 730 on GMAT. Thoughts?

You have a shot. However, figure out what you want to do post MBA to ensure it is worth it. Your pursuit of the CFA leads me to believe you want to be an investment banker or research analyst. If that is true you need to come up with a "story" for your essays. What makes you a compelling a...
by HopeToGolf
Fri May 08, 2015 7:05 am
Forum: Personal Consumer Issues
Topic: Save $$$ On Razor Blades
Replies: 29
Views: 4158

Re: Save $$$ On Razor Blades

+1 on the DE safety razor....great shave and very economical. Since I only shave about 3x per week I use the same blade for a while. I bought a variety pack of blades a couple of years ago to figure out which I liked. I am still going through them. I found a couple of blades I like but I have so man...
by HopeToGolf
Wed Apr 22, 2015 4:27 am
Forum: Personal Finance (Not Investing)
Topic: One Spouse Outearning the Other?
Replies: 64
Views: 6363

I'll defend the guys a bit here. At MegaCorp, colleagues and the rest of society make it difficult for the male spouse to feel comfortable earning less than his wife. If a dual career "corporate" couple is raising children without outsourcing, someone has to sacrifice in order to get thing...
by HopeToGolf
Sun Apr 12, 2015 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Growing Hatred for Inuit: Turbotax & Mint Acct. Merged
Replies: 1
Views: 445

Growing Hatred for Inuit: Turbotax & Mint Acct. Merged

So Intuit merged my TurboTax and Mint accounts. Apparently, I can no longer access my 75% completed taxes since it was created using a different email account. (Yes even after all the nonsense I still used Turbotax this year.) :oops: Anyone deal with this issue and have a solution? I checked the Int...
by HopeToGolf
Sat Apr 04, 2015 6:29 am
Forum: Personal Finance (Not Investing)
Topic: Paying for childrens' college
Replies: 121
Views: 9384

Re: Paying for childrens' college

Interesting that some posters are recommending that OP ignore the cost because it is inflated. The fact is college tuition growth has outpaced inflation and salary growth for decades. It cannot be ignored. OP- Save what you can and figure out what you can pay once the time comes. The bottom line is ...
by HopeToGolf
Sat Mar 14, 2015 9:12 am
Forum: Investing - Help with Personal Investments
Topic: How to pull money out of investments to backfill E-fund
Replies: 12
Views: 1159

Re: How to pull money out of investments to backfill E-fund

Your portfolio is large enough where I do not think you should necessarily feel like you need to move money to a dedicated emergency fund. I would roll the dice and replenish it with savings versus moving money from one place (taxable) and then direct savings back to the other vehicle(s). If an emer...
by HopeToGolf
Sat Feb 28, 2015 8:04 am
Forum: Personal Finance (Not Investing)
Topic: I survived my initial performance improvement mtg. Now what?
Replies: 33
Views: 5340

Re: I survived my initial performance improvement mtg. Now w

As you search for your new job think about what you like to do and your responsibilities. You mentioned finding a similar job for similar pay but consider if that is what you want. Are you a good regional manager? Do you want to be? Do you enjoy the job? If the answers are no, a different line of wo...
by HopeToGolf
Sun Feb 22, 2015 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Should I Quit My Job
Replies: 46
Views: 7626

Re: Should I Quit My Job

If this is a dream, why didn't you follow it just out of high school or college? Careful with the decision. I would look at the outcome you seek (4 years and done? officer? 25 year career? Etc.) and talk to people about the probability of that outcome occurring. If you are doing it just to serve...f...
by HopeToGolf
Sun Jan 04, 2015 6:36 am
Forum: Personal Finance (Not Investing)
Topic: Potential new job and relocation advice.
Replies: 13
Views: 1333

Re: Potential new job and relocation advice.

1. Are you sure you want to live in rural Ohio? Have you looked at the positives and negatives and overwhelming ended up on the positive side of things. 2. How secure is the job/company? 3. Are you sure that you will like the work? 4. Have you really "done the math" regarding the move? You...
by HopeToGolf
Sat Dec 27, 2014 7:06 am
Forum: Personal Finance (Not Investing)
Topic: Bonus how much do you spend vs save?
Replies: 50
Views: 5644

Re: Bonus how much do you spend vs save?

It depends on your long-term goals. If you plan to work until your are 65, your job is secure and your savings are on track, then who cares, spend it all. We take a small amount of our after tax bonuses and I save mine (cash and index funds) for some future frivolous expenditure (sports tickets, gol...
by HopeToGolf
Sat Dec 27, 2014 6:47 am
Forum: Personal Finance (Not Investing)
Topic: Failing Entrepreneur ... need advice
Replies: 23
Views: 3249

Re: Failing Entrepreneur ... need advice

I have never been in your situation but just a few thoughts...... 1) Are you tired of the variable nature of the income associated with your business? If so, maybe there is a way to solve for that. 2) Are you looking to leave the business because you think it is unlikely to meet your financial and p...

Go to advanced search