Search found 16 matches

by Zombies
Sat Jun 02, 2018 1:39 pm
Forum: Personal Consumer Issues
Topic: June in Paris: What to (or not to) wear, see and do?
Replies: 53
Views: 2701

Re: June in Paris: What to (or not to) wear, see and do?

My experience in Paris was everyone who could speak English did from the get-go - somehow they just know. I don't think it was the clothes that gave me away but I do sometimes notice a style difference between US and European clothing. If that what tips them off I'd guess the only way you might foo...
by Zombies
Sat Jun 02, 2018 1:36 pm
Forum: Personal Consumer Issues
Topic: June in Paris: What to (or not to) wear, see and do?
Replies: 53
Views: 2701

Re: June in Paris: What to (or not to) wear, see and do?

There are a lot of suggestions in the thread to skip popular places because of lines, but most (almost all?) tourist attractions in France (and to a lesser extent, throughout Europe) now allow you to buy timed entry over the Internet. Do this in advance before you go on the trip, but with a pre-boug...
by Zombies
Sun May 27, 2018 10:16 pm
Forum: Personal Consumer Issues
Topic: Peloton spin bike worth the high cost?
Replies: 30
Views: 3762

Re: Peloton spin bike worth the high cost?

We just bought one this week. I researched it extensively and all my friends who have one said they are still using it months or years later — that’s what sold me. I have never spun before but value the time aspect (we put it in our room, so I roll out of bed and hop on), and I have done a few begin...
by Zombies
Mon May 21, 2018 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Investment Strategy for Aspiring Business Owner/Entrepreneur
Replies: 6
Views: 411

Re: Investment Strategy for Aspiring Business Owner/Entrepreneur

I hear you. I don't know what starting such a lean business would look like though. I don’t have any experiences or role models to draw from. My experience is in tech, so I can only share that. But there are startups everyday where either a business co-founder or a tech co-founder pairs with the ot...
by Zombies
Mon May 21, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Investment Strategy for Aspiring Business Owner/Entrepreneur
Replies: 6
Views: 411

Re: Investment Strategy for Aspiring Business Owner/Entrepreneur

I would argue if you can’t currently afford to put away more than the $18,500 into a 401(k) (at least), you shouldn’t be using your personal capital to be an entrepreneur. That doesn’t mean you can’t start a company — lots of companies are started with very low or no money down by a founder who cont...
by Zombies
Sun May 06, 2018 1:17 am
Forum: Investing - Help with Personal Investments
Topic: Limit order woes
Replies: 19
Views: 2277

Re: Limit order woes

I had the same thing happen to me at Fidelity. I was trying to do a buy order of VOO after rolling over into a Roth IRA, and despite having the limit order well over bid and last price, it wasn’t triggering. It was really bizarre. I eventually canceled it and just did a market order and it filled ri...
by Zombies
Tue Mar 20, 2018 1:52 am
Forum: Personal Consumer Issues
Topic: Paging BH Gearheads: Reasonable Net Worth for Exotic
Replies: 104
Views: 6762

Re: Paging BH Gearheads: Reasonable Net Worth for Exotic

Exotics have come a long way in terms of maintenance — Ferrari offers 7 years free maintenance now (along with a 3 year warranty). They basically wanted people to stop saving a few bucks at independent shops and wanted to maintain relationships for future car purchases. Ferraris, McLarens, and Lambo...
by Zombies
Wed Mar 07, 2018 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: New employer making up vesting shortfall?
Replies: 4
Views: 526

Re: New employer making up vesting shortfall?

My advice is absolutely bring it up. They've made you a job offer -- they want you to work there. The worst they will say is, "Sorry, we won't be able to match that." And if the company is so crazy as to pull the offer over a small thing like this, you wouldn't want to work there anyway! Frankly, no...
by Zombies
Wed Mar 07, 2018 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: New employer making up vesting shortfall?
Replies: 4
Views: 526

Re: New employer making up vesting shortfall?

Negotiations have no rules. You can ask for anything you want. Maybe you want them to remove all the brown M&Ms from their microkitchens? You can ask, but I wouldn't get your hopes up. It is absolutely standard for many companies to buy out unvested money -- RSUs, bonuses, etc. I've never heard of b...
by Zombies
Tue Feb 06, 2018 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Save on taxes by putting bonus in 401k?
Replies: 18
Views: 2228

Re: Save on taxes by putting bonus in 401k?

Bonus money withholding is at a _different_ rate than ordinary income — this could be higher, lower, or the same. It used to be withheld at 25% up to $1M (39.6% beyond that), so if your tax rate was lower than 25%, it would seem to be higher. If your tax rate was already higher, it would seem to be ...
by Zombies
Sun Jul 16, 2017 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: Elderly Grandparent's investment allocation
Replies: 18
Views: 1775

Re: Elderly Grandparent's investment allocation

If sounds as if she's in a Continuing Care Retirement Community (CCRC). Under IRS Code 72-124 , she cannot be asked to leave due to lack of funds. But this is only true for CCRC retirement communities. Yet some have gone into bankruptcy, residents lost their buy-in, and were forced to go elsewhere....
by Zombies
Sun Jul 16, 2017 7:10 pm
Forum: Investing - Help with Personal Investments
Topic: Elderly Grandparent's investment allocation
Replies: 18
Views: 1775

Re: Elderly Grandparent's investment allocation

A gentle comment-seems you are seeking opinions that have not been sought to manage a situation you have neither the responsibility nor authority to manage, about a relative who is living at a far distance and whose welfare seems to be managed quite successfully by other family members who are doin...
by Zombies
Sun Jul 16, 2017 2:42 am
Forum: Investing - Help with Personal Investments
Topic: Elderly Grandparent's investment allocation
Replies: 18
Views: 1775

Re: Elderly Grandparent's investment allocation

Yes -- I don't know the legalese of the deal, but supposedly as long as the money runs out under reasonable circumstances they will cover the monthly fees in perpetuity until death. I think they claw back some of the equity in the unit and they surely must have protections from her buying a Ferrari ...
by Zombies
Sat Jul 15, 2017 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: Elderly Grandparent's investment allocation
Replies: 18
Views: 1775

Re: Elderly Grandparent's investment allocation

Fair enough. I like the "money I can't afford to lose" framing -- the 30/70 suggestion likely covers that, but I will run the numbers on projected spending and current AA and figure out if adjustments are necessary. Much appreciated!
by Zombies
Sat Jul 15, 2017 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: Elderly Grandparent's investment allocation
Replies: 18
Views: 1775

Re: Elderly Grandparent's investment allocation

But in this case where she's already 95 and she has more than enough to cover her expenses -- combined with no real need for inheritance or a gifting legacy -- what's the point of that?
by Zombies
Sat Jul 15, 2017 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Elderly Grandparent's investment allocation
Replies: 18
Views: 1775

Elderly Grandparent's investment allocation

Hi everyone -- long time lurker, first time poster. My parents are visiting and the investment care for my grandmother came up, so I wanted to solicit input. My 95-year old grandmother (a widower) is in good health, and lives in an Elder Care community. Her two sisters lived to 100 so we imagine she...