Search found 5740 matches

by TomatoTomahto
Wed May 24, 2017 5:35 pm
Forum: Personal Consumer Issues
Topic: Cheap gym shirts w/ certain materials
Replies: 9
Views: 922

Re: Cheap gym shirts w/ certain materials

I use UnderArmor HeatGear year round.

ETA: I don't know if they qualify as cheap.
by TomatoTomahto
Wed May 24, 2017 2:43 pm
Forum: Personal Consumer Issues
Topic: Advice on kid's precalc learning
Replies: 43
Views: 1863

Re: Advice on kid's precalc learning

Has he tried Khan Academy? That's the BH approach to the problem. Your reading comprehension is reaching my levels!! ;-) Haha. My excuse is that I'm sitting on the balcony in Grand Cayman, on a dry day (it's Election Day, so no alcohol). I don't usually drink, but I'm goofy in solidarity with those...
by TomatoTomahto
Wed May 24, 2017 2:36 pm
Forum: Personal Consumer Issues
Topic: Advice on kid's precalc learning
Replies: 43
Views: 1863

Re: Advice on kid's precalc learning

5. Choose a simpler math curriculum and resign yourself to the fact that your kid does not need to do precalc, nor calc to succeed in the future. I took calculus in both high school and college. Looking back it was not really worth it. I'm in the financial services industry doing business intellige...
by TomatoTomahto
Wed May 24, 2017 2:30 pm
Forum: Personal Consumer Issues
Topic: Advice on kid's precalc learning
Replies: 43
Views: 1863

Re: Advice on kid's precalc learning

Know any friends with kids in college? Having a college kid might motivate your son a bit more, the college kid will advise how he/she learned. Plus I bet the college kid is about half the price of a teacher. You need a tutor who is so solid in the material that he/she can put themselves into the s...
by TomatoTomahto
Wed May 24, 2017 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: i am my own "guy," but not sure I should advertise that
Replies: 73
Views: 7563

Re: i am my own "guy," but not sure I should advertise that

My neighborhood and town is full of "guys," and a few "gals." Most of them have enough sense to look elsewhere for clients. When the exceptions ask, I tell them that I'm happy with "average returns;" that gives them a moment. One of my kids is going to try the quant lif...
by TomatoTomahto
Tue May 23, 2017 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: 21 yr old sons Roth IRA
Replies: 23
Views: 1353

Re: 21 yr old sons Roth IRA

Either the Target Date Fund can be used or a 100% stock fund as Tomato suggested. I think that the most valuable lesson is to teach our kids to invest in tax deferred accounts, regardless of AA, as Celia implies. Some form of "matching" makes it painless for the student. No, I did not imp...
by TomatoTomahto
Tue May 23, 2017 11:15 am
Forum: Investing - Help with Personal Investments
Topic: 21 yr old sons Roth IRA
Replies: 23
Views: 1353

Re: 21 yr old sons Roth IRA

One warning to wait for tax forms in some cases of student employment: DS got what he thought would be earned income for leading seminars at school during the summer. He asked accounting about it, and they told him that yes, he'd get a W2, earned income, etc. He made a Roth contribution. The 1099 sh...
by TomatoTomahto
Tue May 23, 2017 11:09 am
Forum: Investing - Help with Personal Investments
Topic: 21 yr old sons Roth IRA
Replies: 23
Views: 1353

Re: 21 yr old sons Roth IRA

celia wrote:Either the Target Date Fund can be used or a 100% stock fund as Tomato suggested.

I think that the most valuable lesson is to teach our kids to invest in tax deferred accounts, regardless of AA, as Celia implies. Some form of "matching" makes it painless for the student.
by TomatoTomahto
Tue May 23, 2017 8:59 am
Forum: Investing - Help with Personal Investments
Topic: 21 yr old sons Roth IRA
Replies: 23
Views: 1353

Re: 21 yr old sons Roth IRA

Same chronology for my son (attending college, opened account at 19, currently 21). He was grandfathered into PRIMECAP because of our account. i might suggest some bonds to DS, but at this stage of his life, I'm not sure that it's necessary/meaningful, other than to get him in the habit of rebalanci...
by TomatoTomahto
Mon May 22, 2017 10:40 pm
Forum: Investing - Help with Personal Investments
Topic: Creative Planning Inc?
Replies: 43
Views: 17226

Re: Creative Planning Inc?

EDITED TO ADD: I don't usually compute my returns (I watch my investments, but out of the corner of my eye). I have a very conservative portfolio, especially since it includes some 529 funds that are very close to being cashed in. There are definitely no MLP's in there. My all-in return for 9 month...
by TomatoTomahto
Mon May 22, 2017 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: I admit, I give up [need strategy for getting back in]
Replies: 30
Views: 4172

Re: I admit, I give up [need strategy for getting back in]

Oh my. You might be the person for whom Target Date funds were invented. You need help resisting timing, and even rebalancing for yourself is probably going to end badly. Pay off your mortgage, or most of it. Invest whatever you don't need in an EF in a Target Date fund. Usually I would not do that ...
by TomatoTomahto
Sun May 21, 2017 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Watching elderly family members burn money
Replies: 17
Views: 2479

Re: Watching elderly family members burn money

Families are complicated. You probably know very little of the history. Not your monkey, not your circus. Stay out of it
by TomatoTomahto
Fri May 19, 2017 8:52 am
Forum: Personal Consumer Issues
Topic: Rice Cooker
Replies: 41
Views: 3133

Re: Rice Cooker

I got one for Christmas and have used it to make steel cut oats 5 days per week ever since. I read about the rice cookers from someone on this forum too and it has been life changing for me :happy I'm on vacation now, in Grand Cayman, with my family. I miss my pets and my steel cut oats. Uh, thats ...
by TomatoTomahto
Thu May 18, 2017 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Question for you high net worth individuals...
Replies: 78
Views: 9255

Re: Question for you high net worth individuals...

We hope to break even on our house.

High income and only moderately high spend = high savings per year.

I once had a cabin that my ex wife wanted to rent out. After some deadbeat renters, I vowed to burn it to the ground before renting it again.
by TomatoTomahto
Wed May 17, 2017 3:19 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3511
Views: 905865

Re: U.S. stocks in freefall

I just might invoke Livesoft's Rule* ..... * for those unfamiliar with the rule, Livesoft once declared that you can spend as much on a car as your portfolio goes up OR down on a given day. My husband will be happy to hear that he can finally get a new car today and get out of that minivan with 240...
by TomatoTomahto
Wed May 17, 2017 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: when to do the backdoor roth?
Replies: 3
Views: 329

Re: when to do the backdoor roth?

Yes. Just let it accumulate in MM. When you know what to do, in 2018, do it.
by TomatoTomahto
Wed May 17, 2017 2:28 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3511
Views: 905865

Re: U.S. stocks in freefall

I just might invoke Livesoft's Rule* and tell my wife that we have to buy another Tesla. We passed Model 3 territory hours ago, and are currently at Model X with moderate options. Wheee! * for those unfamiliar with the rule, Livesoft once declared that you can spend as much on a car as your portfoli...
by TomatoTomahto
Tue May 16, 2017 4:01 pm
Forum: Investing - Theory, News & General
Topic: Best argument you've heard against passive/for active?
Replies: 49
Views: 3936

Re: Best argument you've heard against passive/for active?

Theory vs Practical: Would anyone choose the VG Primecap fund over an equity index fund holding the same segment (lg growth) if they had the option? The expense ratio is 0.35% vs an obviously much smaller expense ratio for an index fund. But, Primecap's performance has been stellar over the long-te...
by TomatoTomahto
Mon May 15, 2017 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Sanity Check, or does it even matter if I'm sane?
Replies: 19
Views: 1870

Re: Sanity Check, or does it even matter if I'm sane?

Our property tax, pending this year's reassessment, appears to be $24k/year. This thread is not current, but in case someone finds it in passing, I apparently was dyslexic when entering our property tax. It's $42k, NOT $24k. Wishful thinking, I guess. . $42K ??? So THAT'S what it's like to live on ...
by TomatoTomahto
Mon May 15, 2017 5:51 pm
Forum: Investing - Help with Personal Investments
Topic: Sanity Check, or does it even matter if I'm sane?
Replies: 19
Views: 1870

Re: Sanity Check, or does it even matter if I'm sane?

Our property tax, pending this year's reassessment, appears to be $24k/year.

This thread is not current, but in case someone finds it in passing, I apparently was dyslexic when entering our property tax. It's $42k, NOT $24k. Wishful thinking, I guess.
by TomatoTomahto
Mon May 15, 2017 2:37 pm
Forum: Investing - Help with Personal Investments
Topic: Is there any reason I should invest any additional money into bonds?
Replies: 29
Views: 2485

Re: Is there any reason I should invest any additional money into bonds?

We recently decided that $2M in FI (adjusted upwards for being partly in tax deferred accounts), allowed to grow naturally over time at something similar to the rate of inflation, was sufficient. Income is still coming in, house is paid for, and the kids' college tuition is handled with cash flow. ...
by TomatoTomahto
Sun May 14, 2017 7:46 pm
Forum: Investing - Help with Personal Investments
Topic: Is there any reason I should invest any additional money into bonds?
Replies: 29
Views: 2485

Re: Is there any reason I should invest any additional money into bonds?

We recently decided that $2M in FI (adjusted upwards for being partly in tax deferred accounts), allowed to grow naturally over time at something similar to the rate of inflation, was sufficient. Income is still coming in, house is paid for, and the kids' college tuition is handled with cash flow. I...
by TomatoTomahto
Sun May 14, 2017 12:13 pm
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 489
Views: 195516

Re: TV show recommendations?

I keep wondering why I'm not enjoying Fargo as much as I expected to and I guess it's because I loved the movie so much that my expectations were very high, too high it seems. It seems darker, not as tightly written with characters not as developed...of course Billy Bob is always Billy Bob, it's th...
by TomatoTomahto
Sun May 14, 2017 11:47 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2685
Views: 733778

Re: What Movie Have You Recently Watched?

Losing Sight of Shore on Netflix. 4 Women row across the Pacific in support of breast cancer. Rotating shifts of 2 hours rowing, 2 hours sleeping for nearly a year. An excellent film. Thank you for the heads up. Without it, I might not have watched it last night, and I would have missed a small, bu...
by TomatoTomahto
Fri May 12, 2017 2:34 pm
Forum: Investing - Theory, News & General
Topic: Retirees, what is your marginal tax rate?
Replies: 33
Views: 2873

Re: Retirees, what is your marginal tax rate?

I'm retired, DW isn't. Try as I might, the conspiracy between DW's deferred vesting RSUs, my beIng older than DW causing my RMDs to begin before her RSUs finish vesting, the growing size of our taxable accounts, my SS benefit, DW's SS and eventual RMDs, etc. means that I think we will be at the high...
by TomatoTomahto
Fri May 12, 2017 5:43 am
Forum: Personal Consumer Issues
Topic: Trip to South Africa in November - Advice
Replies: 24
Views: 1352

Re: Trip to South Africa in November - Advice

Many years ago, we flew to London for a few days, then to Jhb, puddle jumper to Mala Mala for (iirc) 5 days, then to Capetown for (iirc) 5 days, then back home directly. My takeaway: critics who thought that our kids wouldn't appreciate London were wrong. They got over jet lag there, and really enjo...
by TomatoTomahto
Fri May 12, 2017 5:03 am
Forum: Personal Consumer Issues
Topic: Samsung or LG tv?
Replies: 49
Views: 2587

Re: Samsung or LG tv?

I get a lot of 4K content from Netflix and Amazon.
https://www.cnet.com/how-to/4k-content- ... -4k-today/
by TomatoTomahto
Wed May 10, 2017 10:44 am
Forum: Personal Consumer Issues
Topic: Samsung or LG tv?
Replies: 49
Views: 2587

Re: Samsung or LG tv?

I have a ten year old Panasonic plasma. I'm going to cry when it dies. Same here. Mine is 6 1/2 years old. Still going strong and very pleased. As you know nobody makes plasmas anymore and Panasonic left the TV business completely. When it dies we'll get a 4K OLED, but not until the price drops. We...
by TomatoTomahto
Wed May 10, 2017 10:41 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 2685
Views: 733778

Re: What Movie Have You Recently Watched?

[snip..] Glad you liked it. My wife teases me about liking Claire Danes a little too much. Her and Sandra Bullock. I'm with you on Sandra Bullock, but just don't get it with Ms. Danes. I loved Temple Grandin (had read her book) and enjoy watching Homeland, but lordy lordy, if I spent 10 minutes in ...
by TomatoTomahto
Wed May 10, 2017 10:28 am
Forum: Personal Consumer Issues
Topic: Samsung or LG tv?
Replies: 49
Views: 2587

Re: Samsung or LG tv?

> The curved thing is kinda cool (although it makes the screen appear smaller) One of the AV sites recommended against curved. They said it was more of a gimmick. I decided to go for flat. > We noticed that older black and white tv series look amazing good. I think that may be due to upscaling elec...
by TomatoTomahto
Wed May 10, 2017 7:50 am
Forum: Personal Consumer Issues
Topic: 18" vs 20" Tires
Replies: 39
Views: 2109

Re: 18" vs 20" Tires

I am thinking about buying a new SUV. I see the same car at two different dealers with the exception of wheel/tire size. SUV #1 has 18" Painted Aluminum Wheels SUV #2 has 20" Polished Aluminum Wheels for $1,295 more. How does the SUV handle on different tires sizes? Is 18" more for c...
by TomatoTomahto
Wed May 10, 2017 7:38 am
Forum: Personal Consumer Issues
Topic: Samsung or LG tv?
Replies: 49
Views: 2587

Re: Samsung or LG tv?

If an LG OLED is in the mix, strong vote for that. They're pricey, but imo the best picture available to consumers today. Have 2 and love them. If OLED is not in the mix, I don't have a pick.
by TomatoTomahto
Wed May 10, 2017 7:35 am
Forum: Personal Consumer Issues
Topic: What newspaper or magazine do you pay for?
Replies: 107
Views: 4205

Re: What newspaper or magazine do you pay for?

Oh, and I cannot read newspapers. Absolutely drives me crazy to read half a story then go to section A2, page 4. Plus you need a table to read a newspaper. Magazines I can hold in one hand and read anywhere. And a three page story is on three consecutive pages (Crazy idea, I know!) https://www.real...
by TomatoTomahto
Tue May 09, 2017 6:28 am
Forum: Investing - Help with Personal Investments
Topic: Where to park my fat stacks [money]?
Replies: 20
Views: 2237

Re: Where to park my fat stacks [money]?

Welcome to the forum, Dudley. I recently decided that having $2M in Total Bond Market would be sufficient. There's the odd I bond floating around also. Since most of the bond funds are in tax deferred, with some intermediate term tax free in taxable, I think a bit more than $2M is called for. We hol...
by TomatoTomahto
Mon May 08, 2017 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Stay home with kids?
Replies: 103
Views: 7216

Re: Stay home with kids?

I just don't see the purpose or utility in being a stay-at-home parent when your children are of an age to attend school. It makes no sense to me. Kids are not at school 24x7 even when they're of school age. There are summers, breaks, colds, etc., not to mention making a hot breakfast, volunteering...
by TomatoTomahto
Mon May 08, 2017 8:04 am
Forum: Personal Finance (Not Investing)
Topic: Will and Estranged Child advice
Replies: 44
Views: 3840

Re: Will and Estranged Child advice

It seems that many people look to see what's "fair" in the eyes of those who might inherit money. As with my philosophy of paying for education, I don't take "fairness" into consideration. If this were my own situation and one of my kids had done this, they would get zip on my d...
by TomatoTomahto
Sun May 07, 2017 9:50 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 18027

Re: Why save so much for when you're old?

I don't have any advice for OP, but I just have to say that the earnest way that posters have tried to explain longevity and compounding to an actuary reminds me why I love this site.
by TomatoTomahto
Sun May 07, 2017 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Will and Estranged Child advice
Replies: 44
Views: 3840

Re: Will and Estranged Child advice

OP, I feel for you. A son, from my first marriage, went through what is referred to as parental alienation. It was heartbreaking. I don't know how to advise you, but what I did was to say, in my will, that I love my children equally, and the will reflected it. But every family is different, so that ...
by TomatoTomahto
Sun May 07, 2017 2:01 pm
Forum: Investing - Help with Personal Investments
Topic: Individual Account vs. Roth IRA
Replies: 12
Views: 841

Re: Individual Account vs. Roth IRA

But you also need to be aware of tax diversification and the long term impacts on your portfolio. I think everyone should have at least 20% of their assets in taxable, 20% in tax-deferred, and 20% in Roth during their working years, if they are in a high tax bracket. Celia, you are usually so caref...
by TomatoTomahto
Sun May 07, 2017 8:24 am
Forum: Investing - Help with Personal Investments
Topic: Individual Account vs. Roth IRA
Replies: 12
Views: 841

Re: Individual Account vs. Roth IRA

But you also need to be aware of tax diversification and the long term impacts on your portfolio. I think everyone should have at least 20% of their assets in taxable, 20% in tax-deferred, and 20% in Roth during their working years, if they are in a high tax bracket. Celia, you are usually so caref...
by TomatoTomahto
Sat May 06, 2017 2:40 pm
Forum: Personal Consumer Issues
Topic: Anyone subscribe to Barron's?
Replies: 17
Views: 1520

Re: Anyone subscribe to Barron's?

You can watch porn online for free now. With sound and all.
by TomatoTomahto
Sat May 06, 2017 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Stay home with kids?
Replies: 103
Views: 7216

Re: Stay home with kids?

Our ex nanny would fold and put away clothes. Oh how I miss that. But if you could spend your home time with the kids and not doing the household stuff I'm sure it would be a big relief. OP is at a place, financially, where employing someone to do laundry, shop, etc., is not crazy. Go for it. My ki...
by TomatoTomahto
Sat May 06, 2017 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Stay home with kids?
Replies: 103
Views: 7216

Re: Stay home with kids?

mrst\ytf wrote:Our ex nanny would fold and put away clothes. Oh how I miss that. But if you could spend your home time with the kids and not doing the household stuff I'm sure it would be a big relief.

OP is at a place, financially, where employing someone to do laundry, shop, etc., is not crazy. Go for it.
by TomatoTomahto
Sat May 06, 2017 7:11 am
Forum: Personal Finance (Not Investing)
Topic: Stay home with kids?
Replies: 103
Views: 7216

Re: Stay home with kids?

Whoever stays home full time would be throwing away the rest of their career. They will never get back on that career path at the same level, and they may live 30-40 years after the kids are in high school. Also, if a divorce happens and for some reason the financial assets are lost such as due to ...
by TomatoTomahto
Thu May 04, 2017 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: Unfunded, non-qualified deferred plan - What is this thing?
Replies: 18
Views: 1239

Re: Unfunded, non-qualified deferred plan - What is this thing?

We have not used these plans because: 1. Because of deferred comp in the form of RSUs, there will be high income years after DW's retirement for 3+ years 2. RMDs will kick in soon enough 3. Basically, marginal tax rate won't really drop, barring systemic change 4. Most importantly, a previous employ...
by TomatoTomahto
Wed May 03, 2017 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Income has increased drastically! What to do now?
Replies: 18
Views: 2194

Re: Income has increased drastically! What to do now?

It's a nice problem to have, and we have the problem also. It's too bad about your tIRA. It sounds like your wife can do a backdoor Roth. Perhaps an HSA. Other than that, taxable accounts it is. I wish we had more in Roth, but we are limited in Roth, and can also only put $24k (DW > 50) in a 401k. S...
by TomatoTomahto
Tue May 02, 2017 1:05 pm
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 222
Views: 10705

Re: Will cars be autonomous in three years?

What % of TSM is TSLA? I couldn't find it in a cursory look. What am I doing wrong? Vanguard - All fund holdings --toward the bottom of the page. 748,910,588 / 549,600,000,000 = 0.14%. Top holding is Apple at 2.9%. All numbers as of 3/31/2017. Kevin Thanks Kevin. After all the hoopla about TSLA's m...
by TomatoTomahto
Tue May 02, 2017 10:49 am
Forum: Personal Finance (Not Investing)
Topic: Favorite Financial Indulgences
Replies: 78
Views: 7392

Re: Favorite Financial Indulgences

And definitely the tipping thing. I drove a cab in college, DW waitressed in HS. All these years later, it gives us pleasure to be able to tip more than customary (assuming the service was okay). We remember the days when it made a difference, and how crushed we were when we went above and beyond a...
by TomatoTomahto
Mon May 01, 2017 9:16 pm
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 222
Views: 10705

Re: Will cars be autonomous in three years?

What % of TSM is TSLA? I couldn't find it in a cursory look. What am I doing wrong?
by TomatoTomahto
Mon May 01, 2017 9:14 pm
Forum: Personal Consumer Issues
Topic: Will cars be autonomous in three years?
Replies: 222
Views: 10705

Re: Will cars be autonomous in three years?

The world could use more bunk like Musk's. Take 40 minutes and watch https://techcrunch.com/2017/05/01/watch ... -and-more/

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