Search found 142 matches

by MrJones
Sun Apr 22, 2018 12:39 am
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI
Replies: 134
Views: 6761

Re: KF's simple rules to achieve FI

Rule #1 Save 1 year of your current annual expense every year. Then, you could be FI in about 25 years even with 0% real growth. Save 1 year of *expenses at retirement* every year. Not current annual expense. But for reasons others have mentioned, this is not a very useful rule at all. Most cannot....
by MrJones
Sat Apr 21, 2018 1:08 pm
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI
Replies: 134
Views: 6761

Re: KF's simple rules to achieve FI

Rule #1 Save 1 year of your current annual expense every year. Then, you could be FI in about 25 years even with 0% real growth. Save 1 year of *expenses at retirement* every year. Not current annual expense. But for reasons others have mentioned, this is not a very useful rule at all. Most cannot....
by MrJones
Mon Apr 16, 2018 5:20 pm
Forum: Investing - Help with Personal Investments
Topic: Easy way to compare funds, indexes, stock
Replies: 10
Views: 801

Re: Easy way to compare funds, indexes, stock

This is almost a totally useless exercise. I was thinking the same thing. With my analytical personality, I need encouragement to “stay the course”. This sounds like a great way to create buyer’s remorse, getting me to jump from fund-to-fund chasing yield. Turns out that I'm interested in it becaus...
by MrJones
Sat Apr 14, 2018 6:24 pm
Forum: Investing - Help with Personal Investments
Topic: Easy way to compare funds, indexes, stock
Replies: 10
Views: 801

Easy way to compare funds, indexes, stock

What's the easiest way to compare the total performance of a stock or an index or a fund with another? The question I'm trying to answer is what would have happened if I had invested - bought and sold - in one ticker versus another on a certain pair of dates. I realize this is not as easy to answer ...
by MrJones
Wed Apr 11, 2018 4:12 am
Forum: Personal Consumer Issues
Topic: recommend a light box
Replies: 15
Views: 1293

Re: recommend a light box

Perhaps it's a back issue, and OP is tired of heavy boxes...
by MrJones
Sun Apr 01, 2018 4:19 am
Forum: Personal Finance (Not Investing)
Topic: Hit by AMT due to 1 year RSU vesting cliff
Replies: 29
Views: 2456

Re: Hit by AMT due to 1 year RSU vesting cliff

(And if you are saying to pay the monthly taxes with your side cash instead of selling 1/3, then you have to do that in the cliff case as well to be fair. In both cases it's just the same as buying 10 shares/month with your side cash and the final difference after 12 months is the same as above - c...
by MrJones
Sun Apr 01, 2018 1:11 am
Forum: Personal Finance (Not Investing)
Topic: Hit by AMT due to 1 year RSU vesting cliff
Replies: 29
Views: 2456

Re: Hit by AMT due to 1 year RSU vesting cliff

I sure did. After reading again I see what you were getting at, but I think you chose a poor sentence structure when starting off with "you're taxed on 100% of your RSU's value at sale" which to me implies the taxation occurs at sale, rather than the ordinary income occurring at vest/reception. Apo...
by MrJones
Sat Mar 31, 2018 9:33 pm
Forum: Personal Finance (Not Investing)
Topic: Hit by AMT due to 1 year RSU vesting cliff
Replies: 29
Views: 2456

Re: Hit by AMT due to 1 year RSU vesting cliff

Not correct. You're taxed on 100% of your RSU's value at sale. Some portion is taxed as ordinary income, and some portion as long term CG assuming you hold it long enough. You want to minimize the former and maximize the latter. In a rising stock environment, this happens if you vest sooner (eg: mo...
by MrJones
Sat Mar 31, 2018 6:02 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 250
Views: 37424

Re: Fidelity free Turbotax

Same here, most of my assets are at Van but do have a rollover IRA, high 7 figures at Fidelity. gee, having close to 10m in an IRA is rather unusual. Isn't "high 7 figures" really 99 million dollars? Not unless you drop (or add) a digit. Or unless you smoke whatever it is I was smoking when I said ...
by MrJones
Sat Mar 31, 2018 5:48 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 149
Views: 7389

Re: Misuse of adverse when averse was meant

protagonist wrote:
Mon Jan 08, 2018 10:06 pm
The purpose of language is communication.

If what is said is interpreted as intended, the communication is successful.

I ain't kiddin' about this.
You may be missing a big part of the picture.
by MrJones
Sat Mar 31, 2018 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Hit by AMT due to 1 year RSU vesting cliff
Replies: 29
Views: 2456

Re: Hit by AMT due to 1 year RSU vesting cliff

Also, in a company with a *rising* stock price, strictly speaking "cliff" RSU models are *more* advantageous for the RSU holder. You get to hold Uncle Sam's "share" of the stock (the part you'd otherwise have to "sell to cover" taxes) for an extra 9 months, making money off of it in the mean time. ...
by MrJones
Sat Mar 31, 2018 10:17 am
Forum: Personal Consumer Issues
Topic: Underrated places to visit in U.S.?
Replies: 126
Views: 11169

Re: Underrated places to visit in U.S.?

What a fantastic thread. May I just say, thanks OP for the idea, and everyone else for the great recommendations?
by MrJones
Fri Mar 30, 2018 9:46 pm
Forum: Investing - Theory, News & General
Topic: Are we missing recession /bear market beginning
Replies: 174
Views: 17268

Re: Are we missing recession /bear market beginning

What I do has required two decades of daily market research for hours/day If you could apply your impressive abilities and do two minutes of research, one-time, into how to quote others in a post correctly, so that your responses don't look like they are a quote from someone else, it would improve ...
by MrJones
Mon Mar 12, 2018 2:40 am
Forum: Personal Finance (Not Investing)
Topic: H&R Block vs TurboTax (spoiler: HRB is awful)
Replies: 70
Views: 6683

Re: H&R Block vs TurboTax (spoiler: HRB is awful)

It is inexpensive if strategically purchased. (I wait until BH or Camel Camel Camel alerts me that it's on sale and usually snag it for under $25. That includes a state. Because I am a NYS resident, they give me the state efile for free.) Very good point. HRB can usually be purchased for about $10 ...
by MrJones
Fri Mar 09, 2018 3:23 am
Forum: Personal Finance (Not Investing)
Topic: Any tax advantages to holding vested RSUs for a year?
Replies: 7
Views: 741

Re: Any tax advantages to holding vested RSUs for a year?

Any gains or losses between the vest price and your sales price become long term. That's it. Vest price is still taxed as regular income. Got it - so if I don’t want to hold the stock, then best policy is just to sell it immediately and invest the proceedings, right? Yes, but if you have additional...
by MrJones
Sun Mar 04, 2018 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Hit by AMT due to 1 year RSU vesting cliff
Replies: 29
Views: 2456

Re: Hit by AMT due to 1 year RSU vesting cliff

Also, in a company with a *rising* stock price, strictly speaking "cliff" RSU models are *more* advantageous for the RSU holder. You get to hold Uncle Sam's "share" of the stock (the part you'd otherwise have to "sell to cover" taxes) for an extra 9 months, making money off of it in the mean time. ...
by MrJones
Sun Feb 25, 2018 7:33 pm
Forum: Personal Consumer Issues
Topic: Ethics of selling a used car
Replies: 54
Views: 4124

Re: Ethics of selling a used car

Wainward wrote:
Sat Feb 24, 2018 1:05 pm
In my personal life, the only ethical requirement I really maintain is "Do unto others as you would have them do unto you." It really simplifies things, and as an ethos, it is fairly deeply ingrained in Western civilization.
+10
by MrJones
Sat Feb 24, 2018 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Received stock options at VC-backed startup. What questions should I be asking?
Replies: 6
Views: 378

Re: Received stock options at VC-backed startup. What questions should I be asking?

You have all your points right but let's make this one more explicit: 4. If I quit or get fired, my remaining options no longer vest. In addition, rested button exercised options are taken away from you, typically after a set time like 30 days Yes you should definitely find out the answer to all tho...
by MrJones
Mon Feb 19, 2018 10:39 am
Forum: Investing - Help with Personal Investments
Topic: How to choose tax exempt bonds
Replies: 3
Views: 376

Re: How to choose tax exempt bonds

It almost certainly won't help with AMT because you mostly only have CDs currently and thus very little income from that $564k taxable. I don't know what is causing your AMT currently. Regardless, AMT will almost definitely be a moot point from tax year 2018 because of changes to the tax law. All yo...
by MrJones
Tue Feb 13, 2018 12:20 am
Forum: Investing - Theory, News & General
Topic: Random conversations regarding money
Replies: 44
Views: 4763

Re: Random conversations regarding money

You missed a great opportunity to open up other conversational wormholes such as "fiat money" and "hyperinflation" and "prepping for SHTF". Here's a classic look at some possible gold-focused topics for the next time you meet: http://ritholtz.com/2013/04/the-10-rules-of-goldbuggery/ Also don't forg...
by MrJones
Fri Feb 09, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Worried about employer not paying all I am owed
Replies: 29
Views: 2613

Re: Worried about employer not paying all I am owed

Watty wrote:
Sat Feb 03, 2018 9:51 pm
sport wrote:
Sat Feb 03, 2018 9:36 pm
I would be looking for another job.
+1
+1. Let me add: I would be looking for another job right away.
by MrJones
Fri Feb 09, 2018 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Live / work in California - Technology Career
Replies: 99
Views: 6406

Re: Live / work in California - Technology Career

mega317 wrote:
Fri Feb 09, 2018 10:47 am
If you make enough money to consider those areas then the only expense you listed that will actually matter to your life is housing.
+1.
by MrJones
Fri Jan 19, 2018 10:47 am
Forum: Personal Consumer Issues
Topic: How do you adjust side mirrors in a car?
Replies: 61
Views: 3766

Re: How do you adjust side mirrors in a car?

lightheir wrote:
Fri Jan 19, 2018 9:51 am
Someone probably mentioned it, but a $5 blind spot mirror from Amazon will instantly cover your blind spot and let you use the mirror whatever way you want otherwise. Works great.
+1. It also helps eliminate blind spots across 3 or 4 lanes if you drive on such roads frequently.
by MrJones
Wed Jan 17, 2018 2:29 am
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 483
Views: 40791

Re: What frugal thing did you do today?

neilpilot wrote:
Sun Jan 07, 2018 4:58 pm
I do not own and do not desire a landline phone. My cell phone service (unlimited voice & text only) costs $2.47/month, probably more frugal than a land line.
May I ask what carrier you are with and what plan you have?
by MrJones
Mon Jan 15, 2018 1:15 pm
Forum: Investing - Theory, News & General
Topic: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!
Replies: 27
Views: 5576

Re: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!

I'm really still not getting the point here even after reading this. Is this specific to bonds? How/why does YTD go down, then up again in a year? YTD on January 2 is a measure of the performance of the market on ONE day - January 2nd. So if the market is down 10%, YTD is -10%. How useful is this a...
by MrJones
Mon Jan 15, 2018 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Plan - How to make the most of it?
Replies: 43
Views: 5059

Re: New Tax Plan - How to make the most of it?

FiveK, may I ask where you got this graph from? Is it a spreadsheet that is available in the tool section of the bogleheads? If so could you please point me to it? Thank you. Yes, that's where it is: the personal finance toolbox spreadsheet. See also https://www.bogleheads.org/forum/viewtopic.php?f...
by MrJones
Mon Jan 15, 2018 1:12 pm
Forum: Investing - Theory, News & General
Topic: Nostalgic about old online brokerages that no longer exist
Replies: 43
Views: 4978

Re: Nostalgic about old online brokerages that no longer exist

I still have my Datek checkbook! I don't fully remember exactly why my trading account had a checkbook associated with it.
by MrJones
Sun Jan 14, 2018 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement possible?
Replies: 12
Views: 1893

Re: Early retirement possible?

Since your income is coming from the rentals, do you have a fund saved for unexpected repairs and such?
by MrJones
Sun Jan 14, 2018 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: New Tax Plan - How to make the most of it?
Replies: 43
Views: 5059

Re: New Tax Plan - How to make the most of it?

I make $142k (single filing, FL), and contribute almost $50k to max all possible accounts (403b, 457, HSA). ... In 2018, I save 0% from contributing anything to retirement accounts. That is not correct. For a single filer under age 65, gross income $142K and making a $3450 HSA contribution, the mar...
by MrJones
Sat Jan 13, 2018 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Capital Preservation after an 8 year bull market
Replies: 17
Views: 2108

Re: Capital Preservation after an 8 year bull market

For the first time in my investing life I feel a new emotion - fear. I'm a 35 year old with $500,000 in 100% stock assets and want to know the smartest way to take some of my wins off the table. Are you perhaps experiencing fear and desire for more together? If it's just fear, the simplest thing to...
by MrJones
Sat Jan 13, 2018 2:12 pm
Forum: Investing - Theory, News & General
Topic: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!
Replies: 27
Views: 5576

Re: It's trivial to outperform Vanguard Total Bond Index for 2018 with same risk!

Most definitely; it's better to lose half a percent than to lose a whole percent. But the broader point is that YTD is a stupid way to measure performance. It starts out really stupid, then by the end of the year it's almost not stupid any more, and then it resets to being really stupid again. Lear...
by MrJones
Sat Jan 13, 2018 4:08 am
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 171
Views: 18025

Re: How does everyone keep track of your portfolio?

I've used www.sigfig.com, what's time doing so because of privacy concerns.

I use Excel now.

Yet another big advantage of having a simple portfolio - easier tracking.
by MrJones
Fri Jan 12, 2018 2:23 am
Forum: Personal Consumer Issues
Topic: International return of purchase
Replies: 1
Views: 176

International return of purchase

I'm in a bit of a situation. I ordered an item from an international vendor. The specification was incorrect. This might have been my fault, or it might have been the website's, I don't know. I pointed this out, but vendor shipped the item before it could be rectified. I haven't received the item ye...
by MrJones
Tue Jan 09, 2018 12:37 pm
Forum: Personal Consumer Issues
Topic: Advice sought: can/should we pay for a bigger rental place?
Replies: 21
Views: 955

Re: Advice sought: can/should we pay for a bigger rental place?

Does the dog bark incessantly because it is left home alone while the two of you are at work or does it just bark all of the time? Either way I sympathize with your neighbors. The new rental may or may not be a solution to this problem. If you can afford daycare for the (potential) baby maybe you s...
by MrJones
Tue Jan 09, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: Advice sought: can/should we pay for a bigger rental place?
Replies: 21
Views: 955

Re: Advice sought: can/should we pay for a bigger rental place?

Rent bump by $700 looks absolutely fine given your incomes, even on a single income. > We're hoping to lock in this rate for the next few years, I would completely take this away as a factor. Too many problems here unless your sign a 5 year lease. What if the landlord loses their job and wants more ...
by MrJones
Sun Jan 07, 2018 7:29 pm
Forum: Personal Consumer Issues
Topic: "Sharing" Internet/WiFi with neighbors?
Replies: 38
Views: 2463

Re: "Sharing" Internet/WiFi with neighbors?

Suppose you were in my home and I have home wifi. Do you claim that my letting you use wifi in my home would be improper/illegal? Are you suggesting that "sharing" your internet with your neighbors on the block is similar to this and with a straight face??? I didn't post that comment, but the poste...
by MrJones
Sun Jan 07, 2018 5:01 pm
Forum: Personal Consumer Issues
Topic: "Sharing" Internet/WiFi with neighbors?
Replies: 38
Views: 2463

Re: "Sharing" Internet/WiFi with neighbors?

MrJones, You have a valid point. Here you go. An example of T&C of consumer Internet service. That's probably much more useful, thanks! Of course, there's no such thing as a typical contract in these cases. It's going to vary widely across states and jurisdictions. Given that, one has to question t...
by MrJones
Sun Jan 07, 2018 4:22 pm
Forum: Personal Consumer Issues
Topic: "Sharing" Internet/WiFi with neighbors?
Replies: 38
Views: 2463

Re: "Sharing" Internet/WiFi with neighbors?

On my smartphone, I notice several neighbors' WiFi names. Are there any prohibitions or legalities with neighbors sharing WiFi access? In the right circumstances, seems like several neighbors could save on Internet fees by such "sharing". Can't say I know what all the legal ramifications are, if ev...
by MrJones
Sun Jan 07, 2018 4:13 pm
Forum: Personal Consumer Issues
Topic: "Sharing" Internet/WiFi with neighbors?
Replies: 38
Views: 2463

Re: "Sharing" Internet/WiFi with neighbors?

I live in a condo building with 8 units. I compelled my neighbors to get a business internet line under the associations name. The line comes into the building where we have a switch and then goes to each unit. Each unit has their own wireless router. I'm pretty sure RCN knew what we were requestin...
by MrJones
Sun Jan 07, 2018 4:11 pm
Forum: Personal Consumer Issues
Topic: "Sharing" Internet/WiFi with neighbors?
Replies: 38
Views: 2463

Re: "Sharing" Internet/WiFi with neighbors?

On my smartphone, I notice several neighbors' WiFi names. Are there any prohibitions or legalities with neighbors sharing WiFi access? In the right circumstances, seems like several neighbors could save on Internet fees by such "sharing". dm200, A) In the standard T&C of your Internet service, you ...
by MrJones
Sat Jan 06, 2018 5:04 am
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 149
Views: 7389

Re: Misuse of adverse when averse was meant

Alex Frakt wrote:
Sat Jan 06, 2018 2:03 am
mega317 wrote:
Sat Jan 06, 2018 1:40 am
Alex Frakt wrote:
Sat Jan 06, 2018 1:37 am
it's antonym.
Nice.
:oops: Fixed the possessive its.
Skitt's Law: http://knowyourmeme.com/memes/skitt-s-law
by MrJones
Sat Jan 06, 2018 5:02 am
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 149
Views: 7389

Re: Misuse of adverse when averse was meant

I could care less about this and won’t loose any sleep over it. I’m getting my 1099’s too send too the accountant and I’m to involved in that right now to worry about spelling and grammar. Pubic, public, what’s the difference!? We all know what is meant. So I just let auto fill pick my words for me...
by MrJones
Fri Jan 05, 2018 9:54 pm
Forum: Forum Issues and Administration
Topic: Misuse of adverse when averse was meant
Replies: 149
Views: 7389

Re: Misuse of adverse when averse was meant

bottlecap wrote:
Fri Jan 05, 2018 7:51 pm
I have yet to see one poster use the phrase "begs the question” correctly.
JT
Me too! This has become so bad that I see news anchors on TV use it the wrong way all the time.
by MrJones
Thu Jan 04, 2018 12:56 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity free Turbotax
Replies: 250
Views: 37424

Re: Fidelity free Turbotax

libralibra wrote:
Thu Dec 21, 2017 3:22 am
SittingOnTheFence wrote:
Thu Dec 21, 2017 2:08 am
Same here, most of my assets are at Van but do have a rollover IRA, high 7 figures at Fidelity.
gee, having close to 10m in an IRA is rather unusual.

Isn't "high 7 figures" really 99 million dollars?
by MrJones
Tue Jan 02, 2018 12:34 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 483
Views: 40791

Re: What frugal thing did you do today?

Shallowpockets wrote:
Sun Dec 24, 2017 12:51 pm
Being frugal should extend beyond your personal world. Maybe to resource use. So to take a longer shower purposely at the gym is not frugal at all. Frugal is about money but also about waste of a resource when it is not necessary.
+10
by MrJones
Sun Dec 31, 2017 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: When do true-up employer 401k contributions occur?
Replies: 14
Views: 957

Re: When do true-up employer 401k contributions occur?

lostinjersey wrote:
Sat Dec 30, 2017 2:13 pm
Yep. The true-up is to make you 'whole' for any match you missed on a per-payroll basis, taking into account your contributions on an annual basis.
Thanks a bunch for the explanation and example!

OP, sorry for the slight derailing of your thread.
by MrJones
Sat Dec 30, 2017 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: When do true-up employer 401k contributions occur?
Replies: 14
Views: 957

Re: When do true-up employer 401k contributions occur?

Would someone mind telling me what a true up is? I received one too in March, and my assumption has been that it is got to do with the fact that I don't spread my contributions but contribute in a lump sum and therefore don't receive an adequate employer match, which the true up compensates for. Is ...
by MrJones
Thu Dec 28, 2017 3:10 am
Forum: Personal Finance (Not Investing)
Topic: How can I obtain compensation data?
Replies: 38
Views: 3777

Re: How can I obtain compensation data?

I too love numbers and data, but only when I can take true action with it. Sure, some are like that. Others love to learn how certain things around them work even if there isn't a direct and immediate benefit to themselves. That aside, read on: That is one gap in your posting you have not relayed y...
by MrJones
Wed Dec 27, 2017 3:58 am
Forum: Personal Finance (Not Investing)
Topic: How can I obtain compensation data?
Replies: 38
Views: 3777

Re: How can I obtain compensation data?

Try the Blind app and the salary sharing threads on the cscareerquestions subreddit. Wow, great subreddit, tons of info. Thanks a bunch for the recommendation! Blind app seems like a great concept. But they need verification via work email. I understand this is a requirement for trust, but it's giv...
by MrJones
Wed Dec 27, 2017 2:15 am
Forum: Personal Finance (Not Investing)
Topic: How can I obtain compensation data?
Replies: 38
Views: 3777

Re: How can I obtain compensation data?

dcabler, makes sense, thanks. Afty, thanks for the input too. Cppcoder, Clevrchico, and others who mentioned the h1b database, I had no idea about this, this was very helpful and interesting, thank you! The downside is salaries don't include stock and bonus which would be a significant component. Bu...