Search found 47 matches

by doon
Wed Aug 09, 2017 7:22 am
Forum: Investing - Theory, News & General
Topic: Good article about having the "RIGHT" asset allocation
Replies: 27
Views: 3565

Good article about having the "RIGHT" asset allocation

Now is the time to engage in honest soul-searching about your commitment to buying and holding. If you don’t really have what it takes to stick to that strategy through a bear market, you should reduce your equity exposure to a level you would be willing to stick with through a major decline. How b...
by doon
Mon Aug 07, 2017 9:04 am
Forum: Personal Consumer Issues
Topic: Bose Noise Cancelling Headphones
Replies: 49
Views: 3940

Re: Bose Noise Cancelling Headphones

OP - I have been using them (QC35 ) for last 6 months almost daily during my commutes and I can't say enough good things about it. Like other mentioned the sound quality could be better. But noise cancelling is pretty amazing. Most of the time I just have them on with no audio to drown out external ...
by doon
Thu Jul 13, 2017 1:11 pm
Forum: Investing - Theory, News & General
Topic: % bogleheads of overall population
Replies: 82
Views: 10693

% bogleheads of overall population

This article got me thinking.... Just 10 percent of employees set aside enough to hit the employee contribution limit during 2016, down from 13 percent who did the year before, according to Vanguard's "How America Saves 2017" report, released earlier this summer. Those who max out tend to be older a...
by doon
Wed Jun 07, 2017 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Higher salary, but lower employer 401k match...still OK?
Replies: 34
Views: 2449

Re: Higher salary, but lower employer 401k match...still OK?

OP - Even though you about 2 K due to lower match ( $7600 vs. $5600 in new job) a lot of other things are associated with your base such as bonus percentage, ESPP and future raises. So lower match is a small price to pay for losing some 401k match Ignore above comments. Looks like current employer ...
by doon
Fri Jun 02, 2017 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Objectively assess my situation
Replies: 20
Views: 1638

Re: Objectively assess my situation

@Klangfool - Planning to work for additional 20 years at the least. As Grt2bOutdoors mentioned the tax burden is higher than 100K because of HCOL, state taxes, as well as property taxes. Not to mention 3.8+0.9 for ACA & medicare. So there is an upper limit to saving percentage. @ J295 - I guess ...
by doon
Thu Jun 01, 2017 9:53 pm
Forum: Investing - Help with Personal Investments
Topic: Objectively assess my situation
Replies: 20
Views: 1638

Re: Objectively assess my situation

OP, In order to assess your situation, I would need to know A) Your age. B) Immigration status. C) Annual saving rate. KlangFool A) 40 B) Perm Resident C) 30-35%. Done better in good years. doon, 30-35%. Is that before or after tax? What is the actual amount? 100K? KlangFool usually 70-90 k. It is ...
by doon
Thu Jun 01, 2017 9:12 pm
Forum: Investing - Help with Personal Investments
Topic: Objectively assess my situation
Replies: 20
Views: 1638

Re: Objectively assess my situation

KlangFool wrote:OP,

In order to assess your situation, I would need to know

A) Your age.

B) Immigration status.

C) Annual saving rate.

KlangFool


A) 40

B) Perm Resident

C) 30-35%. Done better in good years.
by doon
Thu Jun 01, 2017 7:02 pm
Forum: Investing - Help with Personal Investments
Topic: Objectively assess my situation
Replies: 20
Views: 1638

Re: Objectively assess my situation

I don't like seeing the $107K of high interest personal loans. Make it a priority to pay those off. You say the $900K includes, along with the tax deferred, some taxable investments. If those don't have capital gains or have only small capital gains, perhaps sell some of those off to pay off the $1...
by doon
Thu Jun 01, 2017 4:27 pm
Forum: Investing - Help with Personal Investments
Topic: Objectively assess my situation
Replies: 20
Views: 1638

Objectively assess my situation

I have been thinking of making this post for a long time because even though I strongly believe in boglehead philosophy, when I look at my overall picture I seem to have gone off-track from that philosophy. Even though I feel I could have bought a cheaper home with smaller mortgage or avoided that h...
by doon
Thu Jun 01, 2017 9:26 am
Forum: Investing - Help with Personal Investments
Topic: 401 k Funds
Replies: 9
Views: 580

Re: 401 k Funds

Also - for the "$10K After tax" what advantage do you see with putting this into your employers plan? I am checking on this with HR but they allow in-service distribution on the after tax component (10 K part). This is based on my reading of plan documents. I am confirming this with Benef...
by doon
Thu Jun 01, 2017 8:12 am
Forum: Investing - Help with Personal Investments
Topic: 401 k Funds
Replies: 9
Views: 580

Re: 401 k Funds

Also - for the "$10K After tax" what advantage do you see with putting this into your employers plan? I am checking on this with HR but they allow in-service distribution on the after tax component (10 K part). This is based on my reading of plan documents. I am confirming this with Benef...
by doon
Wed May 31, 2017 3:33 pm
Forum: Investing - Help with Personal Investments
Topic: 401 k Funds
Replies: 9
Views: 580

401 k Funds

I have recently joined a new employer where 401 k is provided by empower. My first impressions are that the fund choices are not that great except 2 or 3 index funds with low expense ratios. I plan to contribute max $18 K pre-tax per year + $10 K employer match + $10 K after tax (max after tax allow...
by doon
Fri Mar 10, 2017 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple job offers
Replies: 36
Views: 3383

Re: Multiple job offers

You should feel zero remorse for telling Firm_A that you have decided to join Firm_B. But absolutely make sure you have a firm/written offer from Firm_B in your hand before telling that to Firm_A. If needed, stall Firm_A. I have been through this type of "hang in there" for weeks after ge...
by doon
Thu Mar 09, 2017 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple job offers
Replies: 36
Views: 3383

Re: Multiple job offers

I am not sure if I understand how Firm A "rescinded" the offer. That makes no sense to me. Are you telling us that Firm_A made you an offer and then called you back saying "oops"? And then again they made another offer to you?? Something is not computing with the sequence of eve...
by doon
Thu Mar 09, 2017 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple job offers
Replies: 36
Views: 3383

Re: Multiple job offers

... Firm A came to me with an offer a month ago and when they saw my current compensation, they rescinded the offer. Basically they had two candidates (including me) that they liked. Apparently they liked both the candidates equally and went with offering the candidate who was ready to work for les...
by doon
Thu Mar 09, 2017 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Multiple job offers
Replies: 36
Views: 3383

Re: Multiple job offers

Thanks for all your responses. This was very helpful. I was anyways leaning towards going with Firm B with a polite refusal to Firm A. Ultimately this is a business decision and I am pretty sure that Firm B will be done with formal offer, background etc before I even start at Firm A. Financially it ...
by doon
Wed Mar 08, 2017 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple job offers
Replies: 36
Views: 3383

Multiple job offers

I been in the job market for a few months and finally had an offer (Firm A) last week which I gladly accepted. I am in the process of starting background process etc. However I just heard from another recruiter (Firm B) that they are looking to make an offer which is at least 10 K better that the pr...
by doon
Mon Mar 06, 2017 4:50 pm
Forum: Personal Consumer Issues
Topic: Sonos Wireless sound?
Replies: 19
Views: 2094

Re: Sonos Wireless sound?

I came close to buying Sonos but decided against it as soon chromecast audio came to the market last year. https://store.google.com/product/chromecast_audio Its a boglehead way to whole house sound system. I have 5 chromecast audio connected to 5 under $100 speakers and I can play music, radio, yout...
by doon
Wed Jun 01, 2016 12:01 pm
Forum: Personal Consumer Issues
Topic: Possible issues with contractor - driveway
Replies: 13
Views: 1735

Re: Possible issues with contractor - driveway

How soon after the driveway was paved did you drive your car over the surface? How much in base (what kind was it?) was placed down on the subsurface? What type of asphalt and how much in inches was placed on top of the subsurface? It's not normal to see the damage you are seeing, unless either sub...
by doon
Wed Jun 01, 2016 9:58 am
Forum: Personal Consumer Issues
Topic: Possible issues with contractor - driveway
Replies: 13
Views: 1735

Re: Possible issues with contractor - driveway

Written contract provided by contractor talks about warranty for the work product for up to 1 year. Don't have exact verbiage but its pretty basic hand written contract.

I am in NJ from state law perspective.
Thanks,
by doon
Wed Jun 01, 2016 9:45 am
Forum: Personal Consumer Issues
Topic: Possible issues with contractor - driveway
Replies: 13
Views: 1735

Possible issues with contractor - driveway

Hello All - I recently had my driveway repaved (remove old asphalt, add base before and put new asphalt). The contractor had pretty good reviews in Angie's List and was highly recommended. Now I see small cracks, few areas with loose surface and certain areas where there are indentations. I have sen...
by doon
Tue May 03, 2016 12:34 pm
Forum: Personal Consumer Issues
Topic: Pea gravel as paver patio alternative
Replies: 28
Views: 3698

Re: Pea gravel as paver patio alternative

Thanks for all the responses. Really helpful. I agree its not the best option but I want to keep it on the cheap side (under 600 bucks). Area is about 150 to 200 Sq Ft. Eventually (3-5 years) I will get a permanent patio with paves if this solution doesn't work out and I understand the extra cost in...
by doon
Wed Apr 27, 2016 9:58 am
Forum: Personal Consumer Issues
Topic: Pea gravel as paver patio alternative
Replies: 28
Views: 3698

Pea gravel as paver patio alternative

I am looking add a patio area adjacent to an existing deck on the cheap. However I am looking to do this quick and dirty and without the whole process required to install paver patio (digging, layering stone dust, gravel, paver patio etc.) The area I am looking to cover does not have much grass. So ...
by doon
Tue Apr 19, 2016 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage pre payment, why?
Replies: 103
Views: 13942

Re: mortgage pre payment, why?

As many of have opined that it is a very personal decision. What works for me is not gonna work for someone else. I think someone else referred to a really good article on this topic which talks about all the pros & cons. http://financialmentor.com/financial-advice/pay-off-mortgage-early-or-inve...
by doon
Thu Apr 14, 2016 2:13 pm
Forum: Personal Finance (Not Investing)
Topic: DI or self insurance
Replies: 2
Views: 350

DI or self insurance

I am in the market shopping for disability policy. I ready the boglehead wiki and some threads around this topic. I have not priced out any disability policies yet, but I am working with broker to get that done soon. I have specified all the must have's listed in the wiki when pricing the DI policy....
by doon
Thu Dec 17, 2015 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: Switching job -401k Questions
Replies: 0
Views: 228

Switching job -401k Questions

I am in the notice period at my current employment and I start my new job next year middle of January. I will still get 2 paychecks from current employer in Jan. I was thinking of front loading my 401K for 2016 by over contributing from my Jan paychecks at current employer. I have three options here...
by doon
Fri Oct 16, 2015 10:25 am
Forum: Personal Consumer Issues
Topic: RTA kitchen cabinets
Replies: 4
Views: 1374

Re: RTA kitchen cabinets

Yes they do have limitation of color and design choices. But I am okay with that if the quality is good and costs are substantially different. Since my last post I am creating my would be kitchen design using Cabinet Vision 30 trial version software. The link that Chad Barker gave me to download has...
by doon
Thu Sep 17, 2015 1:37 pm
Forum: Personal Consumer Issues
Topic: RTA kitchen cabinets
Replies: 4
Views: 1374

RTA kitchen cabinets

Does anyone have experience with ready to assemble (RTA) kitchen cabinets. When I refer RTA I don't mean IKEA or stock cabinets from lowes or HD. I mean Conestega (m), Scherr's (m) or barker (m). These are solidwood 3/4" plywood box with lot of options. I have seen reviews of people using it fo...
by doon
Mon Mar 30, 2015 10:20 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio review & Questions
Replies: 2
Views: 713

Portfolio review & Questions

Emergency Funds : 3-6 months of living expenses/floating cash that I use as emergency fund as well as investing lump sump 2-3 times a year. Debt : Two car loans both @ 0.99%. Total amount $30K Can pay it off but see more value in having extra cash because of low interest. Mortgage : 550K @ 3.6% for ...
by doon
Tue Sep 30, 2014 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Contribution limit 401k
Replies: 30
Views: 3527

Re: Contribution limit 401k

One last bit of confusion in your response to the OP: However, upon separation the destination IRAs (or other qualified plan) can still be selected and the after tax amounts can go to the Roth, but the pre tax amounts must also come out at the same time. Do you mean that if someone separates, they ...
by doon
Mon Sep 29, 2014 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: Contribution limit 401k
Replies: 30
Views: 3527

Re: Contribution limit 401k

There is no double tax on after tax contributions unless you mistakenly roll them into a TIRA and forget to file an 8606 showing basis in your TIRA. Alan: the double taxation that I am talking about is this: you get taxed once when you put in the money, then your earnings get taxed again at income ...
by doon
Mon Sep 29, 2014 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Contribution limit 401k
Replies: 30
Views: 3527

Re: Contribution limit 401k

So after talking to Vanguard (Plan Manager) and internally with benefits department in the company here is what I understand: 1. There is no in-service rollover option. 2. Also as per plan rules, at termination or end of service any rollover will have to involve taking all (pre-tax contributions &am...
by doon
Fri Sep 26, 2014 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Contribution limit 401k
Replies: 30
Views: 3527

After tax 401k

[Thread merged into here, see below. --admin LadyGeek] Hello All - This is continuation of my previous post regarding my new 401k. Here is what my 401k plan says. You can contribute from 2% to 50% of your pay on a pre-tax basis, a Roth after-tax basis, or a combination of the two. You also can cont...
by doon
Fri Aug 29, 2014 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Contribution limit 401k
Replies: 30
Views: 3527

Re: Contribution limit 401k

Thanks for all the responses.

So it seems unless I have in-service rollover there is no point in making after tax contributions for that Mega Backdoor Roth. Another scenario if someone is planning to separate soon.

Does this sound correct?
by doon
Fri Aug 29, 2014 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Contribution limit 401k
Replies: 30
Views: 3527

Contribution limit 401k

I am trying to figure out the contribution limit based on my 401k plan. You can contribute from 2% to 50% of your pay on a pre-tax basis, a Roth after-tax basis, or a combination of the two. You also can contribute from 2% to 50% of your pay on a traditional after-tax basis. Your combined pre-tax, R...
by doon
Wed Jul 30, 2014 3:10 pm
Forum: Personal Consumer Issues
Topic: First time home buyer ?'s
Replies: 15
Views: 1677

Re: First time home buyer ?'s

Just one thought. Looks like you should be able to qualify for Fannie/Freddie backed loan pretty easily because you have full time job and I am assuming you have good credit scores. Even then I would suggest to seek out portfolio lender/credit unions who keep loans on their books and don't sell it i...
by doon
Mon Jul 28, 2014 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Where should I open a Solo 401k account?
Replies: 18
Views: 2178

Re: Where should I open a Solo 401k account?

I use Fidelity and chose it over Vanguard because Fidelity accepts IRA rollover to perform backdoor Roth. Have been very pleased with the service. Also low cost Spartan Advantage class funds available whereas Vanguard does not make Admiral Class available in the i401k. You can also buy Vanguard ETF...
by doon
Fri Jul 25, 2014 9:41 am
Forum: Investing - Help with Personal Investments
Topic: Where should I open a Solo 401k account?
Replies: 18
Views: 2178

Re: Where should I open a Solo 401k account?

I have mine with Fidelity because I needed incoming IRA rollover for backdoor roth. Also as others mentioned etrade/TDAmeritrade offers lot of options with roth 401k, incoming IRA rollover, loans etc. Downside is one cannot buy VG of FIDO index funds without paying the fees. Also I don't prefer ETF'...
by doon
Fri Jul 25, 2014 9:27 am
Forum: Investing - Help with Personal Investments
Topic: Grad student with assets, family, and plans
Replies: 8
Views: 1328

Re: Grad student with assets, family, and plans

Planner, Congrats on the 1.1 kids! Your plan sounds a like you are putting the cart before the horse. Remember on airplanes they always announce for parents traveling with small children to put the oxygen masks on themselves before assisting children with their mask. The same advice applies here. O...
by doon
Tue Jul 22, 2014 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Front office vs Enterprise wide IT job
Replies: 5
Views: 800

Front office vs Enterprise wide IT job

This question is specific to IT jobs in financial companies especially investment banking. This is related to earlier thread I posted in the past. That post was more to do with comparing Full time vs contract. Please see link below in case you are interested. http://www.bogleheads.org/forum/viewtopi...
by doon
Wed Jul 16, 2014 8:32 am
Forum: Personal Finance (Not Investing)
Topic: Full time vs IT contract
Replies: 29
Views: 4539

Re: Full time vs IT contract

Not sure how many folks have mentioned that FTE salary should be equal to 2 times contracting income. I been in IT and in a few cases I been able to find the rate Client was paying the vendor. Even if I work directly work for Client I will not make double the FTE salary. For example in my current g...
by doon
Mon Jul 14, 2014 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: Full time vs IT contract
Replies: 29
Views: 4539

Re: Full time vs IT contract

I think most flexible options are provided by e-trade. This info may be 2 years old now. But when I was looking at it I found its solo 401k having loan option (up to 50% of 401k assets limited to 50K), incoming IRA rollovers, roth 401k option. Loan option can be useful for down payments without losi...
by doon
Fri Jul 11, 2014 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Full time vs IT contract
Replies: 29
Views: 4539

Re: Full time vs IT contract

Not sure how many folks have mentioned that FTE salary should be equal to 2 times contracting income. I been in IT and in a few cases I been able to find the rate Client was paying the vendor. Even if I work directly work for Client I will not make double the FTE salary. For example in my current gi...
by doon
Fri Jul 11, 2014 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Full time vs IT contract
Replies: 29
Views: 4539

Re: Full time vs IT contract

Thanks everyone for your advice and responses. It was greatly appreciated. So the hypothetical scenario turned real and the the employer came back with great offer of additional 10K and extra bonus. So I have decided to take full time. Based on your responses even 130K was looking good compared to c...
by doon
Wed Jul 09, 2014 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Full time vs IT contract
Replies: 29
Views: 4539

Full time vs IT contract

I have a hypothetical scenario and would like boglehead feedback on that: Full Time Employment: Predictable numbers Salary------ $130K 401K ---- dollor for dollor up to 6% Health Insurance ------Above average (Lets say I pay $400/month for family) Vacation ----- 3 weeks Discretionary number Bonus --...
by doon
Mon Jul 07, 2014 8:28 am
Forum: Personal Finance (Not Investing)
Topic: Business structure - Self employed software engineer
Replies: 18
Views: 2973

Re: Business structure - Self employed software engineer

I have a s-corp structure. But as someone else mentioned many mega corps want you to be on their approved vendors W2. I think this has to do with having more control over the contractor. Also IRS is getting stricter because in all practical sense many in IT are doing business as usual/Full Time empl...
by doon
Tue May 27, 2014 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Decision about job/home
Replies: 1
Views: 368

Decision about job/home

Long time reader here. Great forum with great insight in the world of investing & personal finance. I am in late 30's and live in NJ/NYC area and last year I bought a home in a great school district for $735K with good interest rate on the loan. My annual mortgage/property tax/insurance is about...