Search found 20 matches

by Mofritty
Mon Mar 20, 2017 12:41 pm
Forum: Personal Consumer Issues
Topic: Anyone taken a mid-career sabbatical?
Replies: 13
Views: 1832

Re: Anyone taken a mid-career sabbatical?

I'm six months and one day into a mid career "sabbatical". I feel ten years younger than I did six months ago. Left a really good twenty year career. Have spent the time traveling, volunteering, doing projects. Am the envy of friends who are miserable but too scared to change. It is every ...
by Mofritty
Tue Jan 24, 2017 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to leave a job and find a new one
Replies: 24
Views: 2244

Re: Best way to leave a job and find a new one

FWIW, I have changed careers twice in 27 years. Both times I left my job before finding new work. That was one of the benefits of having an emergency fund. It was like wiping the slate clean to get a totally fresh start and resulted in me thinking outside the box and realizing that my options were m...
by Mofritty
Sat Jan 14, 2017 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Dollar-Cost-Average over HOW MANY years?
Replies: 58
Views: 3845

Re: Dollar-Cost-Average over HOW MANY years?

I am still dollar cost averaging lump sum money from two years ago. My rationale was your rationale. After all, the market was up. Looking forward, all I could see was the potential risk of buying too high. Looking back now, I see clearly something that wasn't evident at the time: the real risk of l...
by Mofritty
Tue Jan 10, 2017 10:14 am
Forum: Personal Finance (Not Investing)
Topic: I'll never save a 20% down payment. Rent for life?
Replies: 138
Views: 13137

Re: I'll never save a 20% down payment. Rent for life?

Owning versus renting is a decision. Despite what you see as your immediate circumstances, you will ultimately do what you decide to do. You can save the down payment. If that's what you desire then do it. Cut costs where you can. Pick up some extra short term cash where you can. Many people lose fa...
by Mofritty
Sat Dec 24, 2016 4:11 pm
Forum: Personal Consumer Issues
Topic: What is your favorite consumer product?
Replies: 283
Views: 35238

Re: What is your favorite consumer product?

I have a Pitmaker Safe smoker that rivals any product I have ever seen based on quality of construction, ease of use, etc. I think it cost somewhere around the same price of 42 pairs of running shoes :D but it looks like it will out last me, my children and my children's children. Hats off to everyo...
by Mofritty
Fri Aug 12, 2016 4:02 pm
Forum: Investing - Theory, News & General
Topic: Confession~ I timed the market today
Replies: 31
Views: 3647

Re: Confession~ I timed the market today

Is that market timing or are you just dollar cost averaging your RMD :D
by Mofritty
Wed Jul 20, 2016 9:13 am
Forum: Personal Consumer Issues
Topic: Removing Broken Bolts
Replies: 54
Views: 3860

Re: Removing Broken Bolts

The bolts can be drilled out. You need the right drill bit, the correct low rpm drill speed and a little lubricant. If you aren't able to do it yourself, you could take it to a machinist who could probably have you fixed up in short order.
by Mofritty
Sun Jul 17, 2016 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: business idea
Replies: 5
Views: 844

Re: business idea

Competition makes your idea better, not worse. Competition makes it more do-able, not less. Why concede anything to anyone?
Inn and Out Burger didn't.
by Mofritty
Sun Jul 17, 2016 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: business idea
Replies: 5
Views: 844

Re: business idea

Have you thought about connecting with someone in the business department at a local university?
Where I live there are several entrepreneur programs looking to collaborate with people in the private sector to test their ideas and help them develop their concept into reality.
by Mofritty
Fri Apr 29, 2016 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 560
Views: 71519

Re: High Earners - What's Your Profession?

Independent sales representative. 1099 status. Best year 730k. Worst year 175k. If you can handle the volitility it's a gig that is difficult to beat with a bachelor's degree. Added bonus is that you get to use a sep ira and contribute up to 53k per year tax free for retirement while lbym.
by Mofritty
Thu Jul 16, 2015 8:14 pm
Forum: Investing - Help with Personal Investments
Topic: Wanted:Re-allocation and investment suggestions.
Replies: 16
Views: 1163

Re: Wanted:Re-allocation and investment suggestions.

All points well taken. My mindframe early on was that I was making money and paying off debt. Once the debt was gone I continued to make money and saved what I'd been paying off debt with. Never really set out to collect dust with it, it just happened. Now I simply can't wrap my head around throwing...
by Mofritty
Thu Jul 16, 2015 8:43 am
Forum: Investing - Help with Personal Investments
Topic: Wanted:Re-allocation and investment suggestions.
Replies: 16
Views: 1163

Re: Wanted:Re-allocation and investment suggestions.

Lafder, I agree. All of these funds make it difficult for me to make sense out of. I like the three fund portfolio philosophy but feel like I need to have a strategy to get from where I am to the three (or so) fund portfolio. As far as mobility goes, I am not restrained by an employer, can move any ...
by Mofritty
Thu Jul 16, 2015 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Wanted:Re-allocation and investment suggestions.
Replies: 16
Views: 1163

Re: Wanted:Re-allocation and investment suggestions.

Thanks cadillex. All of the non vanguard monies are under control of the FA and in a single non taxable SEP IRA account. All of the Vanguard funds in my portfolio are in a SEP IRA and a taxable individual account that I opened last winter after much reading on this site. Yes there is an additional 1...
by Mofritty
Wed Jul 15, 2015 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: Wanted:Re-allocation and investment suggestions.
Replies: 16
Views: 1163

Re: Wanted:Re-allocation and investment suggestions.

Thank you. I'll make the call to Vanguard again tomorrow. For clarification, I had called VG several months ago inquiring about transferring the assets and was told that some of the funds could not be transferred without being liquidated by the FA first while others could transfer directly over as t...
by Mofritty
Wed Jul 15, 2015 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Wanted:Re-allocation and investment suggestions.
Replies: 16
Views: 1163

Re: Wanted:Re-allocation and investment suggestions.

Much appreciated. As far as the FA goes, I started looking into pulling that trigger but got caught up in the weeds on how exactly to transfer those assets to my VG acct. Is that a liquidate then transfer process or vise versa?
by Mofritty
Wed Jul 15, 2015 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Wanted:Re-allocation and investment suggestions.
Replies: 16
Views: 1163

Wanted:Re-allocation and investment suggestions.

Been reading on this site for the last year or so and finally took the time to put together a portfolio post. Hoping to gain some insight and direction to hone things in a bit. Thanks a bunch for taking the time to review and comment on the questions below. Here goes: Cash: 1,300,000 CD’s 70,000 Deb...
by Mofritty
Fri Jun 12, 2015 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Dispute/Don't Pay Medical Bill
Replies: 45
Views: 5520

Re: Dispute/Don't Pay Medical Bill

In fairness, staythecourse, the hamburger joint probably has the cost of the burger written on a menu. I don't have it handy, but the NYT had an article a while back about someone trying to figure out the price that would be charged for a procedure, to no avail. I think this was the article about t...
by Mofritty
Fri Jun 12, 2015 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Dispute/Don't Pay Medical Bill
Replies: 45
Views: 5520

Re: Dispute/Don't Pay Medical Bill

Read this article. http://www.npr.org/sections/health-shots/2015/05/13/406393439/heres-a-radical-approach-to-big-hospital-bills-set-your-own-price Provider charges vary widely. Find out what medicare would pay the provider then offer to pay 12-25% more. End of story. Sure if you are trying to commi...
by Mofritty
Fri Jun 12, 2015 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Dispute/Don't Pay Medical Bill
Replies: 45
Views: 5520

Re: Dispute/Don't Pay Medical Bill

Read this article.
http://www.npr.org/sections/health-shot ... -own-price
Provider charges vary widely.
Find out what medicare would pay the provider then offer to pay 12-25% more.
End of story.

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