Search found 429 matches

by Tamarind
Fri May 19, 2017 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: I'm having a freak-out moment (portfolio question)
Replies: 24
Views: 2318

Re: I'm having a freak-out moment (portfolio question)

The only thing you should be freaking out about is not having an emergency fund. and paying only $200/month to a $2500 credit card bill. :shock: Seriously, get rid of this debt as quick as you can assuming the interest rate is anywhere close to normal credit card interest rates. Yes, this. Pay off ...
by Tamarind
Thu May 18, 2017 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Learning how to spend
Replies: 27
Views: 2359

Re: Learning how to spend

Thank you all for the responses and great suggestions. Finding the balance seems to be getting harder as I am definitely beginning to feel the wealth effect kicking in (I know there are many on this board doing much better than me though :wink: ). Maybe I just need a recession to bring me back to r...
by Tamarind
Thu May 18, 2017 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Learning how to spend
Replies: 27
Views: 2359

Re: Learning how to spend

With that level of saving (40% or higher), I bet there's a thing that you want and would enjoy that you are denying yourself. Take a little time to identify one thing. A vacation? Amazing dinners with loved ones, whether home cooked or out? Concerts or performances or sporting events​? Supporting a ...
by Tamarind
Sat May 13, 2017 6:09 am
Forum: Personal Finance (Not Investing)
Topic: Unique HSA/HDHP Situation
Replies: 12
Views: 1072

Re: Unique HSA/HDHP Situation

Not a bad situation given you have an expensive chronic condition. Don't worry about getting the money out of the HSA. Eventually you are likely to have other medical needs, Medicare premiums, the program you're benefiting from will change, your job or insurance will change etc. Even if none of thos...
by Tamarind
Sat May 13, 2017 5:55 am
Forum: Personal Finance (Not Investing)
Topic: Interested in lake property
Replies: 36
Views: 3752

Re: Interested in lake property

In contrast to most respondants, I've seen this go very well. Here's the catch: the family that happily did this purchased their land and then waited until they were ready to retire to build. They financed the lake house primarily with proceeds from selling their primary residence. They knew what th...
by Tamarind
Thu May 11, 2017 6:53 am
Forum: Personal Finance (Not Investing)
Topic: Struggling with new offer Vs. current position
Replies: 12
Views: 1336

Re: Struggling with new offer Vs. current position

Certainly you should work to keep good ties with your mentors, but if they aren't helping you grow at your current company, them you leaving is an obvious and positive result of their efforts. As long as you are certain you want to manage people, I'd say take the new job that offers both salary and ...
by Tamarind
Wed May 03, 2017 5:57 am
Forum: Personal Consumer Issues
Topic: HOA vs No-HOA
Replies: 53
Views: 3263

Re: HOA vs No-HOA

If you're inclined to worry about HOA style things (grass, paint colors, laundry lines, chickens, etc), maybe best to purchase in an HOA. You'll feel better and your neighbors will be less annoyed that you moved in. Near me essentially all non-luxury new housing is in HOAs. I looked a long time to f...
by Tamarind
Wed May 03, 2017 5:36 am
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 213
Views: 17825

Re: Where to Live on $60K or Less a Year?

I'll throw in a +1 for the NC locations mentioned. Get a little altitude and the summer temps won't be so bad. But it sounds like you need to do some slow traveling. Visit your top 10 for a couple of weeks each then cut the list and repeat for longer stays until you find the place you don't want to ...
by Tamarind
Wed May 03, 2017 5:27 am
Forum: Personal Finance (Not Investing)
Topic: Are we (nearly) ready to retire?
Replies: 32
Views: 3174

Re: Are we (nearly) ready to retire?

Numbers look pretty good. How solid is that expense estimate and what did you include in it? Could you shave 20k off it in a very bad year? Could you stand to move to a LCOL area if something went wrong after executing this plan (for example if he was unable to generate income)?
by Tamarind
Tue May 02, 2017 6:57 am
Forum: Personal Finance (Not Investing)
Topic: Bigger home guilt or bad idea
Replies: 15
Views: 2107

Re: Bigger home guilt or bad idea

You can afford it but may not need it. Is the primary reason "nicer" or "bigger"?
by Tamarind
Tue May 02, 2017 6:55 am
Forum: Investing - Help with Personal Investments
Topic: Buying Individuals Stocks In A Roth IRA?
Replies: 7
Views: 970

Re: Buying Individuals Stocks In A Roth IRA?

Yes, provided you've got the brokerage account version at Vanguard. If you've had the Roth a long time you might have to hit the upgrade button.

I haven't done this at Vanguard as I quit messing with individual stocks but at TDAmeritrade where I used to hold my Roth I initially had nothing else.
by Tamarind
Tue May 02, 2017 6:50 am
Forum: Investing - Theory, News & General
Topic: Buying CDs each month for decades
Replies: 13
Views: 2592

Re: Buying CDs each month for decades

Seems excessively fiddly. Why not do it quarterly or annually?

I'm assuming the example uses brokered CDs rather than new issue because that's the only way to access them in a tax deferred account. If that's not why then it's both excessively fiddly AND tax inefficient.
by Tamarind
Sat Apr 29, 2017 7:38 pm
Forum: Investing - Help with Personal Investments
Topic: Am I missing something when it comes to CDs?
Replies: 3
Views: 613

Re: Am I missing something when it comes to CDs?

There is a quite small but non-zero risk that the issuing bank will change their terms, either increasing the penalty or declining to let you break it. That's it.
by Tamarind
Wed Apr 26, 2017 6:27 pm
Forum: Personal Consumer Issues
Topic: $300+ to remove a racoon. Really?
Replies: 83
Views: 4755

Re: $300+ to remove a racoon. Really?

Price sounds fair. Compares well to what I paid to have a nest of squirrels removed from the attic crawl. The main things you are paying for: 1) Time to monitor traps and ensure no nasty smells because you didn't get them all. 2) Arrangements to relocate or humanely dispose of animals. In many juris...
by Tamarind
Mon Apr 24, 2017 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: First Mortgage, need help with financial considerations (15 vs. 30 year)
Replies: 24
Views: 2039

Re: First Mortgage, need help with financial considerations (15 vs. 30 year)

I would do the 15-year....actually I did, with basically identical value, loan amount etc. I had much lower income at the time, and it was tough, but it's so nice now to realize I'll be done with the mortgage in just 8 years.
by Tamarind
Mon Apr 24, 2017 4:48 pm
Forum: Personal Consumer Issues
Topic: DIY Yard Tick Spray?
Replies: 32
Views: 1575

Re: DIY Yard Tick Spray?

You can even apply permethrin treatments directly to your puppy (be careful about dosage while they are small) which is better than spraying your yard as what will kill ticks will kill a wide variety of other invertebrates. You can get this as "kennel dip". I use these products to treat cl...
by Tamarind
Sun Apr 23, 2017 12:14 pm
Forum: Personal Consumer Issues
Topic: Terminal Cancer Diagnosis for 5 year old: What would you do?
Replies: 32
Views: 5606

Re: Terminal Cancer Diagnosis for 5 year old: What would you do?

In addition to meals, there are a number of community sites like CaringBridge that aim to help distribute other helping tasks and make distributing info easier. For instance, parents can set up a schedule of things they need done (laundry, cleaning, pet care, child care, rides, etc, anything that wi...
by Tamarind
Sat Apr 22, 2017 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Should some professions tell people how much they make?
Replies: 39
Views: 4945

Re: Should some professions tell people how much they make?

No one will care about your scholarships. You've graduated; you shouldn't either. The prestigious universities don't really matter much anymore either. Once you're a couple years removed from school most folks couldn't care less where you graduated from. Stanford graduates a few idiots or slackers,...
by Tamarind
Thu Apr 20, 2017 6:11 am
Forum: Personal Finance (Not Investing)
Topic: Can we afford to purchase this new house?
Replies: 13
Views: 1373

Re: Can we afford to purchase this new house?

Two thoughts: 1) I know nothing about AMT, but expect that it's unlikely OP has enough deductions to worry about it pre-mortgage. Does anyone who is familiar with AMT calculations know if they need to model what effect that mortgage interest deduction will have? 2). The forever home narrative is att...
by Tamarind
Wed Apr 19, 2017 8:55 pm
Forum: Investing - Help with Personal Investments
Topic: 29 Year old New Investor Needs help- Vanguard Index Funds
Replies: 47
Views: 3919

Re: 29 Year old New Investor Needs help- Vanguard Index Funds

Great advice and will do. And if i want to make money for now as in increase my total revenue- would you suggest i pick something else other than investing in index funds like vanguard? My plan was to have my TDA for retirement and invest in index funds now to earn some cash on top of my income.. I...
by Tamarind
Wed Apr 19, 2017 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Did anything surprise you in your 2016 taxes?
Replies: 83
Views: 7005

Re: Did anything surprise you in your 2016 taxes?

So either the 2015 tax return got lost in the mail, or when the IRS got it and saw the net was $0 owed, they decided to not enter it into their system?? Perhaps, but more likely that it just got randomly skipped. I think paper returns are all scanned. I would be surprised if a person looks at the r...
by Tamarind
Wed Apr 19, 2017 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: 27yr curious about my investment personel and strategy
Replies: 60
Views: 5954

Re: 27yr curious about my investment personel and strategy

Edited for brevity. Also I'd love to start some Discussions again on Funds and Allocation that would be suggested in a simple portfolio (3-4 fund portfolios could work, or maybe slightly more than that. Would love to hear thoughts ) Regarding portfolios, wouldn't it be nice to have something absolut...
by Tamarind
Wed Apr 19, 2017 3:12 pm
Forum: Investing - Help with Personal Investments
Topic: All in with Balanced Index fund
Replies: 33
Views: 3399

Re: All in with Balanced Index fund

I advised my parents who are approaching retirement to hold only VBIAX (Balanced Admiral). They are too scared of currency fluctuations to want international. I didn't feel the point was worth arguing, since the goal was to get them to reduce stocks in AA and remove temptation for my dad to market t...
by Tamarind
Tue Apr 18, 2017 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: 27yr curious about my investment personel and strategy
Replies: 60
Views: 5954

Re: 27yr curious about my investment personel and strategy

So! The Conversation has been had, and the process of having the 3rd party money management firm and my advisor removed from my fidelity account is in process. ( They said it takes a few days to finalize it all) Still need to make a couple decisions on my Indexed Universal Life insurance plan.. But...
by Tamarind
Tue Apr 18, 2017 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Starting "web site business". Need an LLC?
Replies: 20
Views: 1701

Re: Starting "web site business". Need an LLC?

Personally I wouldn't start an LLC for a business like that, but I did start one for a business where my clients faced unlikely risk of serious physical injury. The business also carried liability insurance. However, sounds like you need to do a LOT of reading and learning, OP. It has rarely happene...
by Tamarind
Tue Apr 18, 2017 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Did anything surprise you in your 2016 taxes?
Replies: 83
Views: 7005

Re: Did anything surprise you in your 2016 taxes?

I recieved partial reimbursement from my county Soil and Water Conservation District for installing a rainwater retention system at my home. County website was aimed at farmers but program available to all residents with erosion problems. I didn't realize until the 1099g arrived that reimbursement w...
by Tamarind
Tue Apr 18, 2017 7:02 am
Forum: Personal Consumer Issues
Topic: Is my electric bill high?
Replies: 60
Views: 5457

Re: Is my electric bill high?

Mine averages $60.00 in the winter and $100-110 in the summer (due to AC). I live in NC. ETA: I have a 1500 sq foot house. My situation is very similar to this (also on gas heat) and I'll note that my home is relatively poorly insulated. In SoCal, it makes sense that you would seldom use AC, but if...
by Tamarind
Sun Apr 16, 2017 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest my children's inheritance
Replies: 33
Views: 2830

Re: How to invest my children's inheritance

If it were me I'd go with 100% VT (Vanguard Total World Stock Index). You don't need the money, and your kids shouldn't be counting on it, so you have no particular time horizon. VT gives you the broadest possible cap weighted index with no need to rebalance, and pretty tax efficient too, at 11bps c...
by Tamarind
Fri Apr 14, 2017 1:49 pm
Forum: Personal Consumer Issues
Topic: What do you do with your coins?
Replies: 76
Views: 4382

Re: What do you do with your coins?

I keep a few small international coins as keepsakes from travel. I'm fond of pre-euro national currencies, but no targeted collection. GF enjoys collecting circulated US coins so she goes through all the loose change in case there's a state quarter she hasn't got yet, old dimes and pennies, etc. The...
by Tamarind
Fri Apr 14, 2017 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: HSA as Part of Emergency Fund
Replies: 20
Views: 1549

Re: HSA as Part of Emergency Fund

Only insofar as the emergency is medical in nature.

I would probably liquidate it at some point for a non-medical emergency but it would be well past emergency as I'd have cleaned out the Roth contributions first...
by Tamarind
Fri Apr 14, 2017 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: Need help with software sales - Invoice without PO and payment terms
Replies: 9
Views: 374

Re: Need help with software sales - Invoice without PO and payment terms

I am not a lawyer. You can have an invoice with no PO. The client is the only one who cares if there is a PO, not you. PO is for a company to keep track of expected incoming invoices. You can technically have an invoice without payment terms on but I wouldn't advise it if you want to get paid timely...
by Tamarind
Tue Apr 11, 2017 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: Is it a mistake to do 401k, trad ira and Roth IRA?
Replies: 13
Views: 1648

Re: Is it a mistake to do 401k, trad ira and Roth IRA?

Consider putting the 30% of tax bill saved into his Roth. :)
by Tamarind
Tue Apr 11, 2017 5:25 pm
Forum: Personal Consumer Issues
Topic: Gardening 2017
Replies: 43
Views: 3667

Re: Gardening 2017

Anyone have any suggestions for things to plant in large pots? This would be for 2 people who are about as far away from being green thumbs as you can get, but would like something "easy" and rather low maintenance to start with. My favorite plants for pots are strong flavorings which req...
by Tamarind
Tue Apr 11, 2017 5:14 pm
Forum: Personal Consumer Issues
Topic: Gardening 2017
Replies: 43
Views: 3667

Re: Gardening 2017

No annual edibles this year as we are lazily building a raised bed and it's still under construction. But the figs are leafing and the blueberries nearly done blooming in central NC. Very excited for the plant order I just placed for 78 starts of assorted local species of prairie grasses and forbs f...
by Tamarind
Tue Apr 11, 2017 4:42 pm
Forum: Investing - Help with Personal Investments
Topic: Helping daughter w/403b
Replies: 6
Views: 425

Re: Helping daughter w/403b

Prior thread on the two: viewtopic.php?t=147623

As Tyler said the cheaper one is an index fund. The other, while broad, is actively managed. Suggest your daughter use FSITX, which is the Fidelity equivalent to Vanguard's total bond index.
by Tamarind
Tue Apr 11, 2017 2:46 pm
Forum: Personal Consumer Issues
Topic: You can never go "home" - retirement
Replies: 85
Views: 12487

Re: You can never go "home" - retirement

My parents are preparing to sell the farm with the home I grew up in and move to an urban area. They asked me if I wanted to have it and I told them no. Odds are they will sell to a developer and in a few years the woods and fields I still love will no longer exist. But I wasn't willing to live out ...
by Tamarind
Mon Apr 10, 2017 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Advise needed to help investing for the first time
Replies: 23
Views: 1591

Re: Advise needed to help investing for the first time

With such a low premium you might already be on a qualified HDHP. Definitely find out if your employer offers an HSA. If they don't, but your plan is qualified, you can open your own HSA and put $3250/year away there. Tax deductible going in, no taxes coming out if you spend it on medical care. If ...
by Tamarind
Mon Apr 10, 2017 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Advise needed to help investing for the first time
Replies: 23
Views: 1591

Re: Advise needed to help investing for the first time

With such a low premium you might already be on a qualified HDHP. Definitely find out if your employer offers an HSA. If they don't, but your plan is qualified, you can open your own HSA and put $3250/year away there. Tax deductible going in, no taxes coming out if you spend it on medical care. If y...
by Tamarind
Mon Apr 10, 2017 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead Seeking Alternate Guidance on Portfolio
Replies: 20
Views: 1545

Re: New Boglehead Seeking Alternate Guidance on Portfolio

I also think having between 10% and 25% bonds in your asset allocation would be a good idea. They help reduce some of the volatility and have their own total return. At your age you can't have had much money in the market during the last recession compared to what you have now. It's prudent to have...
by Tamarind
Mon Apr 10, 2017 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Spending beyond my means, I think..is my budget out of whack?
Replies: 81
Views: 8484

Re: Spending beyond my means, I think..is my budget out of whack?

Some ideas if you are running a shortfall: 1.) Stop regular monthly IRA contributions and wait until the end of year and use bonus income to make a lump sum for the year. This will help with monthly cash flow. If the bonus doesn't pan out and you miss a year or two of contributions it's not the end...
by Tamarind
Mon Apr 10, 2017 6:59 am
Forum: Investing - Help with Personal Investments
Topic: New Boglehead Seeking Alternate Guidance on Portfolio
Replies: 20
Views: 1545

Re: New Boglehead Seeking Alternate Guidance on Portfolio

I also think having between 10% and 25% bonds in your asset allocation would be a good idea. They help reduce some of the volatility and have their own total return. At your age you can't have had much money in the market during the last recession compared to what you have now. It's prudent to have ...
by Tamarind
Mon Apr 10, 2017 6:29 am
Forum: Investing - Help with Personal Investments
Topic: Advise needed to help investing for the first time
Replies: 23
Views: 1591

Re: Advise needed to help investing for the first time

I found the w2 form. So is it federal paid income tax + state income tax ÷ gross? What about social and insurance? I guess that got nothing to do with the tax calculation... I found the following website and entered in my annual gross 93,262.81 and it says I'm in the 34% tax bracket https://smartas...
by Tamarind
Sun Apr 09, 2017 8:08 am
Forum: Investing - Help with Personal Investments
Topic: 27yr curious about my investment personel and strategy
Replies: 60
Views: 5954

Re: 27yr curious about my investment personel and strategy

Be friendly but firm and clear about what you are going to do. I would avoid accusing the advisor of neglecting your best interest (even though they have). Instead I would frame the decision as having outgrown the need for their advice and reducing costs. They did get you started, after all. The fac...
by Tamarind
Fri Apr 07, 2017 11:32 am
Forum: Personal Finance (Not Investing)
Topic: HDHP's - Does your employer offer them?
Replies: 47
Views: 1750

Re: HDHP's - Does your employer offer them?

Yes, smallish company (200+ ftes) and they contribute an amount roughly equal to employee's annual premium ($720 for singles) to an HSA. We also have a PPO which had gotten very expensive the last couple of years. When folks develop a chronic condition, it can be hard to get behind the idea that the...
by Tamarind
Thu Apr 06, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Spending beyond my means, I think..is my budget out of whack?
Replies: 81
Views: 8484

Re: Spending beyond my means, I think..is my budget out of whack?

Not sure why multiple folks have advised that savings rate reductions should come from the 401k. OP has said that they get 50% match of ALL contributions up to max. Unless all IRA contributions were stopped first and that still wasn't enough to get cash flow back on track, I wouldn't give up one cen...
by Tamarind
Thu Apr 06, 2017 6:21 am
Forum: Investing - Help with Personal Investments
Topic: Hit my # for retirement, how do I protect it until ready to quit?
Replies: 15
Views: 2360

Re: Hit my # for retirement, how do I protect it until ready to quit?

Don't play the market timing game.

Perhaps a Liability Matching Portfolio is for you? Develop a safe floor in the form of an individual TIPS ladder and leave the rest in Total Stock. I don't know how well those mesh with early retirement.
by Tamarind
Thu Apr 06, 2017 5:45 am
Forum: Investing - Help with Personal Investments
Topic: Advise needed to help investing for the first time
Replies: 23
Views: 1591

Re: Advise needed to help investing for the first time

dmg, do you know what your effective tax rate is? To figure this out, look at last year's tax return. Divide your tax (line 44 on form 1040 or line 10 if you use 1040ez) by your salary (if you have a lot of other income, include that too). Knowing this number may help us make other suggestions about...
by Tamarind
Thu Apr 06, 2017 5:32 am
Forum: Personal Consumer Issues
Topic: How best to handle disrespectful employee?
Replies: 40
Views: 3597

Re: How best to handle disrespectful employee?

Argh, I see this all the time at work. It is the result of poor comp plan design for sales. They need to have skin in the game if someone leaves or reduces their ongoing value. I think a slower payout of commission which stops if there are problems is better at helping them make the connection. It a...
by Tamarind
Thu Apr 06, 2017 5:11 am
Forum: Personal Finance (Not Investing)
Topic: Spending beyond my means, I think..is my budget out of whack?
Replies: 81
Views: 8484

Re: Spending beyond my means, I think..is my budget out of whack?

By definition, if you are saving 27%, you are technically LBYM. But the cash flow problem means you are converting your liquid savings to retirement savings, preschool, and home equity. You know you can't sustain all of it forever. I was in a similar situation a few years ago (house poor + pay cut),...
by Tamarind
Mon Apr 03, 2017 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Low income. How can I buy a house in 5 years?
Replies: 45
Views: 3607

Re: Low income. How can I buy a house in 5 years?

2) real estate appreciates at 1% real ..... That is not a realistic assumption. Even if it is well maintained the way houses are built now a 50 year old single family home will likely be getting dated or past its prime and a high percentage of homes will not make it to be 100 years old. Agreed. I w...

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