Search found 269 matches

by HopeToGolf
Sun Jul 23, 2017 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doing? (dual physician household)
Replies: 45
Views: 5636

Re: How am I doing? (dual physician household)

Spend more, give more to charity or quit work unless you both love what you do. At this point and these spending levels you are making your offspring richer (which may be OK).
by HopeToGolf
Fri Jul 14, 2017 3:33 am
Forum: Investing - Help with Personal Investments
Topic: Big change in our situation affecting our AA- how to handle?
Replies: 11
Views: 1140

Re: Big change in our situation affecting our AA- how to handle?

Without knowing how much of your assets this capital represents, for simplicity, I would call it a loan until it is paid. After the capital is paid, it looks and smells like a bond. Assuming you are well off, trying to call the initial deposit a bond and each subsequent amount paid off each year a b...
by HopeToGolf
Sun Jul 09, 2017 10:15 pm
Forum: Personal Consumer Issues
Topic: What to wear for job interview - skip the tie?
Replies: 54
Views: 4102

Re: What to wear for job interview - skip the tie?

Last time I did this, I choose not to wear a tie. It worked out well. I wanted to send a message that while I was wearing a suit (without a tie), if not wearing a tie to an interview at a company where the dress was business casual was going to hurt my chances of getting the job, I was OK with that....
by HopeToGolf
Sat Jul 01, 2017 9:21 pm
Forum: Personal Consumer Issues
Topic: Chase Sapphire - Concierge Service experience
Replies: 6
Views: 1910

Re: Chase Sapphire - Concierge Service experience

I have the Sapphire Reserved card. I used the concierge twice and they were utterly useless. I'm guessing Amex Platinum is much better.
by HopeToGolf
Sun May 28, 2017 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Guidance needed, at a crossroads in my current job.
Replies: 23
Views: 2666

Re: Guidance needed, at a crossroads in my current job.

After a year or so at a new job at a new company you are magically underpaid by 30%? It seems you took the role for a title and/or experience and you got what you negotiated. If this experience and new title have boosted your market value by 30% then go find it elsewhere. As a hiring manager I woul...
by HopeToGolf
Sun May 28, 2017 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Play Money for Spouse....
Replies: 138
Views: 10428

Re: Play Money for Spouse....

Gasdoc Allowance is the answer. After a number of years my wife (spender) and I (saver) came up with agreed amounts of allowance which give each of us the freedom to spend on anything we want. We have it deducted from our paychecks and deposited to separate accounts with the remaining amount of the ...
by HopeToGolf
Fri May 26, 2017 4:21 am
Forum: Personal Finance (Not Investing)
Topic: Guidance needed, at a crossroads in my current job.
Replies: 23
Views: 2666

Re: Guidance needed, at a crossroads in my current job.

After a year or so at a new job at a new company you are magically underpaid by 30%? It seems you took the role for a title and/or experience and you got what you negotiated. If this experience and new title have boosted your market value by 30% then go find it elsewhere. As a hiring manager I would...
by HopeToGolf
Sat May 20, 2017 3:00 am
Forum: Investing - Help with Personal Investments
Topic: How Much for 529 Plan
Replies: 39
Views: 4071

Re: How Much for 529 Plan

I have 2 kids, 12 and 14. Each have $100K in their 529 plans. In 4 years, the estimation for a 4 year public school in my state is $130K. Wow, which state is that. Even NY colleges cost under $10k/yr. Even state universities are under $10k, and medical schools are about $35k/yr. Am I being naive th...
by HopeToGolf
Sun May 14, 2017 4:45 am
Forum: Personal Consumer Issues
Topic: Best watch for around $5,000?
Replies: 1023
Views: 246021

Re: Best watch for around $5,000?

For the folks that looked at both Rolex and Omega, how did you make your decision? Buy the one that sings to you (the one you think is beautiful). I prefer the Rolex tool watches (divers, chronographs) although the Speedmaster Pro is great looking. The dressy Omegas look good. Based on looks, I nev...
by HopeToGolf
Sun May 07, 2017 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Stay home with kids?
Replies: 103
Views: 8207

Re: Stay home with kids?

There are options where you work part time or flexible schedules. We decided to share child rearing and career pursuits. One can argue that we suboptimized two careers but what it has allowed us to do is have careers while both participating in my child's life. I handle getting my offspring off to s...
by HopeToGolf
Thu May 04, 2017 4:29 am
Forum: Personal Finance (Not Investing)
Topic: Buying a luxury car (how dumb would it be to do this?)
Replies: 216
Views: 20075

Re: Buying a luxury car (how dumb would it be to do this?)

Tomservo14 Are you and your wife contributing to pensions? Given your financial situation, savings rate and, more importantly, your desire to work to a normal retirement age, buy the car. You can easily afford it. That said, an X5 does not seem like the vehicle that will scratch your itch. Only you ...
by HopeToGolf
Sat Apr 22, 2017 7:06 pm
Forum: Personal Consumer Issues
Topic: Any golfers played Bandon Dunes on the Oregon coast?
Replies: 5
Views: 673

Re: Any golfers played Bandon Dunes on the Oregon coast?

Yes. A few years ago my three buddies and I went to Bandon Dunes. It was an incredible trip. We played 36 holes a day and walked each round (assume they still have this rule in place). The courses were amazing. One really cool aspect of the trip was one day we played 18 and finished the day with bee...
by HopeToGolf
Fri Apr 21, 2017 3:48 am
Forum: Investing - Help with Personal Investments
Topic: Emergency fund
Replies: 13
Views: 1877

Re: Emergency fund

Since my fund is intended for emergency spending, I do not consider it part of my portfolio. Given its size compared to the rest of my portfolio and retirement needs, any decisions about its allocation are irrelevant to my future. I dump it into a HY bank account/CDs and call it a day and hope I nev...
by HopeToGolf
Thu Apr 20, 2017 4:28 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford to purchase this new house?
Replies: 13
Views: 1498

Re: Can we afford to purchase this new house?

What are your expenses?

Based on the limited information given, I imagine you can easily afford the house.
by HopeToGolf
Thu Apr 20, 2017 4:07 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford private school for my kids?
Replies: 67
Views: 5676

Re: Can I afford private school for my kids?

Roberts111 Have you run any retirement planning scenarios using Firecalc or the like? What were the results? Without knowing the details of your expenses, on the surface I think you can afford the school. However, your savings looks a little light to me based on your age. I also suspect that you wil...
by HopeToGolf
Fri Apr 14, 2017 7:02 pm
Forum: Personal Finance (Not Investing)
Topic: What constitutes "a lot" of money?
Replies: 81
Views: 11770

Re: What constitutes "a lot" of money?

Fun and interesting question. My view....it depends. On many things; retirement aspriations, age, income, expense type, savings, etc. Example, wifey wanted to buy a surface for $799...fortunately we are at a point where it really does not matter. However, she will likely use it to surf the web and w...
by HopeToGolf
Sun Apr 09, 2017 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Two W2s from employer with only 12W (HSA) on one..does TurboTax and IRS need both?
Replies: 6
Views: 506

Re: Two W2s from employer with only 12W (HSA) on one..does TurboTax and IRS need both?

From the TurboTax FAQ How do I handle multiple W-2s from the same employer? "If the only difference is Box 12, enter all the info from the most complete W-2, then enter the different Box 12 info from the other W-2 on the same screen." Thanks much Spirit Rider...my search did not come up w...
by HopeToGolf
Sun Apr 09, 2017 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: Two W2s from employer with only 12W (HSA) on one..does TurboTax and IRS need both?
Replies: 6
Views: 506

Two W2s from employer with only 12W (HSA) on one..does TurboTax and IRS need both?

My employer sent me two W2 forms. The usual one and an additional one with only Box 12 W data. The W data represents my HSA contribution. I entered this W2 into Turbo Tax Premium 2016. Now I can't e-file because TurboTax will not allow e-file if there is a W2 with no Box 1 data. Can I alter my origi...
by HopeToGolf
Wed Mar 29, 2017 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Another TurboTax 8606 Complaint.
Replies: 9
Views: 822

Re: Another TurboTax 8606 Complaint.

I am having problems this year as well. The questions were always worded poorly but for some reason, this year the forms are not being completed as they have been in the past. As a Megacorp guy, I am in shock at how many complaints there are on this product yet it still has customers. In my case, de...
by HopeToGolf
Wed Mar 22, 2017 6:16 am
Forum: Personal Finance (Not Investing)
Topic: How did graduating out of daycare impact your finances?
Replies: 80
Views: 7381

Re: How did graduating out of daycare impact your finances?

Some, if not all, the tuition was replaced by costs for camps, travel sports (fees and fuel, lunches/dinners out, etc.), after-care and other activities. As usual, raising a child can be as cheap or expensive as you want it to be. My advice is to save the money after graduation and do not plan on a ...
by HopeToGolf
Mon Mar 20, 2017 5:21 am
Forum: Personal Finance (Not Investing)
Topic: How should I divide my finances and any suggestions?
Replies: 31
Views: 2377

Re: How should I divide my finances and any suggestions?

Sjoung I think your revised plan to rent a year or two is a good idea. With your wife as a restaurateur, do you need two cars right away? Again, I am trying to get you to slow down. When I moved to a new area after not owning cars for a while, we owned one car and my wife dropped me off at a train s...
by HopeToGolf
Fri Mar 17, 2017 3:17 am
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 147
Views: 12170

Re: risk of my Tesla deposit

Just as an FYI to those keeping abreast of the Tesla capital situation, Tesla announced their intention to issue $250 million in common stock and another $750 million convertible note due 2022. Of course, the crazy market took this as positive and TSLA went up 2.5% the day after the announcement. A...
by HopeToGolf
Fri Mar 17, 2017 2:28 am
Forum: Personal Finance (Not Investing)
Topic: How should I divide my finances and any suggestions?
Replies: 31
Views: 2377

Re: How should I divide my finances and any suggestions?

After not living in the U.S. for a decade, I think you should rent for a year and then make a call on housing. The cars seem a bit expensive for your income but you have the cash. Do not blow all your hard work by spending so much your first year back....slow down. Just curious, did you and/or your ...
by HopeToGolf
Sun Feb 26, 2017 8:03 am
Forum: Personal Consumer Issues
Topic: Tesla Model X Review, 2 Months In
Replies: 42
Views: 5885

Re: Tesla Model X Review, 2 Months In

cannondale wrote:So. It looks like the X is heading back to the shop. Again.


I am not sure if I saw you address this question but have you considered the Lemon Law?
by HopeToGolf
Wed Feb 22, 2017 6:17 am
Forum: Personal Finance (Not Investing)
Topic: Deferred Compensation - Tax Management
Replies: 8
Views: 1480

Re: Deferred Compensation - Tax Management

Check the distribution rules. At my Mega, if you leave before you achieve "retirement age," the entire account is paid as a lump sum. That can mean a massive tax hit (depending on the rate you were avoiding when you contributed the funds). I've decided to wait until I am a bit older to use...
by HopeToGolf
Sun Feb 19, 2017 4:20 pm
Forum: Personal Consumer Issues
Topic: Tesla Model X Review, 2 Months In
Replies: 42
Views: 5885

Re: Tesla Model X 2 Months Review

Thank you for the detailed post. As a Model 3 reservation holder, I am concerned about owning a first generation vehicle. Posts like this one and other reports may scare me into asking for a refund when it is time for me to configure the car.
by HopeToGolf
Sat Feb 11, 2017 9:40 am
Forum: Personal Consumer Issues
Topic: How do Bogleheads buy phones?
Replies: 43
Views: 3115

Re: How do Bogleheads buy phones?

Just bought an iPhone 5c from Swappa for a relative. It has the same guts as a 5s but it costs about $100. The user is not a techie, needs the most basic service and did not want a large screen. The plus for us is it has iMessage and FaceTime so the user can stay in touch more seamlessly with others...
by HopeToGolf
Sun Jan 29, 2017 11:20 am
Forum: Personal Consumer Issues
Topic: Car Guy question
Replies: 61
Views: 6706

Re: Car Guy question

Expensive post warranty repairs is part of the deal when you buy luxury cars. If you plan to buy a cheaper non-luxury car as your next vehicle then get rid of the car. If not, keep it and drive it until the wheels fall off or reliability drops. Budget a few K per year for maintenance and repairs. Th...
by HopeToGolf
Fri Jan 27, 2017 5:07 am
Forum: Personal Finance (Not Investing)
Topic: Help, please, on new salary negotiations
Replies: 68
Views: 5698

Re: Help, please, on new salary negotiations

This is probably your moment to make a step change in your compensation. You are in a good spot, now go and maximize the situation for you and your family. It appears you are underpaid. Consider using this opportunity to explore the local market as well. One question to ask yourself is if you got $1...
by HopeToGolf
Thu Jan 19, 2017 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Possible reality check needed?
Replies: 13
Views: 1127

Re: Possible reality check needed?

Save 15%-30% and spend the rest...seriously. At you age, in your situation, you could have a once in a lifetime opportunity. Enjoy.
by HopeToGolf
Sun Jan 15, 2017 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Does it sound like my employer trying to push me out?
Replies: 61
Views: 7097

Re: Does it sound like my employer trying to push me out?

There are bigger picture and more important questions you should ask yourself regarding career aspirations and whether this role and company can help you fulfill them. However, I would be concerned if I were in a smallish department and not one but two colleagues were promoted around me, I felt equa...
by HopeToGolf
Sat Jan 07, 2017 6:13 am
Forum: Personal Finance (Not Investing)
Topic: Annual Vacation Budget
Replies: 320
Views: 27114

Re: Annual Vacation Budget

Way less than we should (or want). It depends on the year but probably $5K-$10K. We have trouble scheduling them between the kid's schedule (school and sports) and a two career family (limited vacation time and work demands creating conflicts when the rest of the family is free to travel). We are ac...
by HopeToGolf
Sat Dec 31, 2016 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Delayed Gratification In Life & its fallacies
Replies: 56
Views: 6458

Re: Delayed Gratification In Life & its fallacies

Sat24 What do you do for a living? I think what you see on Bogleheads is a bit more complex than your post implies. You are right, there is some % of the group that delays gratification. I also believe there are many who want to retire early, save for future expenses (like needing to take care of an...
by HopeToGolf
Sat Dec 31, 2016 7:07 am
Forum: Personal Consumer Issues
Topic: Turbotax 2016 Fed & State Download $39.95
Replies: 5
Views: 945

Re: Turbotax 2016 Fed & State Download $39.95

I have been using Online version. Any difference with Download or Desktop version? It's been a few years since I looked at the online version but at one point it did not allow me to see the forms. The download version provided more flexibility to jump out of the interview style and into forms in or...
by HopeToGolf
Thu Dec 29, 2016 3:34 pm
Forum: Personal Consumer Issues
Topic: How old is your vehicle?
Replies: 200
Views: 16293

Re: How old is your vehicle?

I drive a 2008 Toyota while people who reported to me drive BMWs. I secretly called them "the clueless". I never called my employees clueless but I did find it interesting that generally they drove cars that ranged in value at the time from $30K-$80K ($40K-$100K new) and mine was $10K ($4...
by HopeToGolf
Wed Dec 28, 2016 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 132
Views: 20153

Re: Fidelity free Turbotax

To get to my free Turbo Tax Premier offer, I had to revert to the typical/old Summary view where I saw the following, roughly, in the middle of the scrolled page: <snip> Yes, this is at least the second time this has been mentioned, but the problem is how to get to the "old" Summary view....
by HopeToGolf
Wed Dec 28, 2016 10:15 pm
Forum: Personal Consumer Issues
Topic: At what age, income, and NW would you buy a $50k car?
Replies: 174
Views: 12971

Re: At what age, income, and NW would you buy a $50k car?

This thread makes Bogleheads look silly. The only question is whether or not the OP appreciates cars. It is not a financial question. With $100K in expenses, buy the damn car and pay cash. If you are a car guy/gal you've aimed your sights way too low at at $50K...that's child's play. Let's hear abou...
by HopeToGolf
Wed Dec 28, 2016 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 132
Views: 20153

Re: Fidelity free Turbotax

Last year I started a thread on this and was looking for the offer this year but it is a bit buried depending on your start screen. My start screen was the "streamlined" Summary view. There was no sign of the offer there. In the Tax section of the Accounts &Trade tab, I see the $20 off...
by HopeToGolf
Wed Dec 28, 2016 10:07 am
Forum: Investing - Help with Personal Investments
Topic: too aggressive with college saving for the kids?
Replies: 15
Views: 2502

Re: too aggressive with college saving for the kids?

We are going with a mixed approach. We are saving enough in the 529 to cover, roughly, 100% of our flagship public university tuition (equivalent to 50% private). Any remaining tuition needs will likely be paid in the following order (income and financial situation dependent), cash flow-taxable inve...
by HopeToGolf
Tue Dec 27, 2016 5:29 am
Forum: Personal Finance (Not Investing)
Topic: Collections On A Hospital Bill
Replies: 1
Views: 597

Re: Collections On A Hospital Bill

Others will likely provide more specific information. At a minimum, call the state/city agency that ran the program and see if they can help. Additionally, many states have an agency that assists seniors...ask them for help. That said, fight it tooth and nail. I had an issue with an ER coding treatm...
by HopeToGolf
Tue Dec 27, 2016 5:09 am
Forum: Personal Finance (Not Investing)
Topic: How do you plan for retirement?
Replies: 32
Views: 3175

Re: How do you plan for retirement?

Mixture of both. Early in my career I tried to save up to the employer match in the 401k and then a bit more on the side (taxable account). I went for balance here since I knew I would need money for expenses besides retirement. As I age and have more income I generally save as much as I can with go...
by HopeToGolf
Mon Dec 26, 2016 5:22 am
Forum: Personal Finance (Not Investing)
Topic: Am I being smart with this car purchase?
Replies: 58
Views: 5536

Re: Am I being smart with this car purchase?

Since the car is already ordered I'm guessing you are stuck with it. Given that you expect to keep it for a decade I don't think it is a terrible purchase. That said, look at your expenses and figure out why you didn't max your retirement savings. With your income, 401Ks (or the equivalent) and Roth...
by HopeToGolf
Thu Dec 15, 2016 6:07 am
Forum: Personal Finance (Not Investing)
Topic: Well, just got first pair of golden handcuffs
Replies: 58
Views: 9476

Re: Well, just got first pair of golden handcuffs

Congratulations! Since I have a vesting schedule that spans years, I always viewed RSUs and performance shares as deferred compensation and a retention tool. While I provided the labor to the company, I did not receive the compensation at the same time the input was provided. The shares have retenti...
by HopeToGolf
Sun Dec 11, 2016 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Do you have a preferred approach to making the max Roth IRA contributions?
Replies: 30
Views: 1928

Re: Do you have a preferred approach to making the max Roth IRA contributions?

OP I think it makes sense to borrow from your E-fund to make the contribution. You've saved a ton despite being a federal employee with a pension on the horizon. This shows that you know how to handle money. Additionally, if there was an emergency and you were a little underfunded, you can withdraw ...
by HopeToGolf
Fri Dec 09, 2016 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: HELP: salary negotiation
Replies: 17
Views: 2576

Re: HELP: salary negotiation

It appears much of the issues are related to your current position. If the role is what you want, why not try to negotiate? Is there a downside?
by HopeToGolf
Thu Dec 08, 2016 1:56 am
Forum: Personal Finance (Not Investing)
Topic: HELP: salary negotiation
Replies: 17
Views: 2576

Re: HELP: salary negotiation

The advice you received is good.

Just curious, did you tell them your current compensation before they made the offer?
by HopeToGolf
Wed Dec 07, 2016 7:16 am
Forum: Personal Finance (Not Investing)
Topic: Spouses and spending styles...
Replies: 53
Views: 6232

Re: Spouses and spending styles...

It sounds like you and the wife need to write down your goals and timelines and share philosophies. Your job sounds secure and if you were notified that you lost your job, at worst, you will have 6 months to bring your EF back to the existing level. Additionally, your EF goal of $40K is great but it...
by HopeToGolf
Wed Dec 07, 2016 4:53 am
Forum: Personal Finance (Not Investing)
Topic: Hidden Costs of potential new job
Replies: 9
Views: 1543

Re: Hidden Costs of potential new job

1) create a detailed budget on a spreadsheet and be sure to account for taxes and savings. This budget should not include OT. Yes, your friends budget and spent their OT but you should use it to boost savings, save for future expenses, etc. 2) look at the school calendar and figure out who will be c...
by HopeToGolf
Sun Dec 04, 2016 7:56 pm
Forum: Personal Consumer Issues
Topic: Merkur Safety Razor = money saved
Replies: 25
Views: 2130

Re: Merkur Safety Razor = money saved

I made the switch about 4 years ago. I wish I had done it 20 years sooner. The only downside is the razors and shaving soaps/creams last so long that I can't tinker with different products without waste.

I bought a sampler pack of blades when I bought my Merkur and it lasted 2 years....literally.
by HopeToGolf
Sun Nov 27, 2016 6:10 am
Forum: Investing - Help with Personal Investments
Topic: IRA for adult children?
Replies: 50
Views: 5258

Re: IRA for adult children?

Good thread. Nothing to add but good luck and thanks for posting for the rest of us. Silly me for thinking when my offspring is older it will be as simple as saying "open a Roth IRA in your name, I'll put some money in it....here's the Boglehead way of investing." Raising kids is tough. I ...