Search found 141 matches

by fcox85
Thu Aug 24, 2017 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: 78% Americans are living from paycheck to paycheck?
Replies: 15
Views: 2163

Re: 78% Americans are living from paycheck to paycheck?

I don't know why it's so hard to believe. I absolutely believe it. It also states "Having a higher salary doesn't necessarily mean money woes are behind you, with nearly one in 10 workers making $100,000 or more (9 percent) saying they usually or always live paycheck-to-paycheck". People have less ...
by fcox85
Sat Jul 29, 2017 6:37 am
Forum: Personal Finance (Not Investing)
Topic: Should I Quit my 6-figure job?
Replies: 84
Views: 9688

Re: Should I Quit my 6-figure job?

For whatever it's worth, it sounds like you have a pretty good setup. I am close to your age and work in a job that routinely involves 40+ hours per week, and where it is very hard to "leave work at the office" or "coast" on mindless tasks. The grass is not always greener simply because you will ha...
by fcox85
Thu Jul 27, 2017 4:32 pm
Forum: Personal Finance (Not Investing)
Topic: Should I Quit my 6-figure job?
Replies: 84
Views: 9688

Re: Should I Quit my 6-figure job?

For whatever it's worth, it sounds like you have a pretty good setup. I am close to your age and work in a job that routinely involves 40+ hours per week, and where it is very hard to "leave work at the office" or "coast" on mindless tasks. The grass is not always greener simply because you will hav...
by fcox85
Fri Jul 21, 2017 9:26 am
Forum: Personal Finance (Not Investing)
Topic: MVNO's versus the Big 4
Replies: 52
Views: 5265

Re: MVNO's versus the Big 4

I have had Cricket for about 2 years now, and I have had no significant problems. My plan includes two iPhones and two iPads with unlimited talk, text, and data plans (data throttled after hitting around 2-3 Gigs, I believe) for $100 a month. I think that's a pretty good deal compared to what I know...
by fcox85
Wed Jul 12, 2017 1:57 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange 80+ stocks with capital gains for funds?
Replies: 25
Views: 2266

Re: Exchange 80+ stocks with capital gains for funds?

Hello board members, I currently own over 80 individual stocks in a taxable account, courtesy of a former advisor. All of these have long-term capital gains. The stocks include a lot of recognizable names along with some obscure companies. None of the stocks amount to more than 1.5% of my total por...
by fcox85
Fri Sep 16, 2016 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Tenant wants to leave on short notice. Can they?
Replies: 45
Views: 4781

Re: Tenant wants to leave on short notice. Can they?

Regardless of the provisions contained in the Lease, it would be prudent to check whether your particular state has a law similar to a "Uniform Landlord-Tenant Act," or some other statutory provisions governing residential leases. Residential lease agreements are often viewed differently f...
by fcox85
Thu Sep 15, 2016 11:13 am
Forum: Investing - Theory, News & General
Topic: Disappointing News Wells Fargo
Replies: 111
Views: 11544

Re: Disappointing News Wells Fargo

Have any folks been a "victim" of this Wells Fargo "situation"? It is unclear to me, from press reports, whether or not the alleged holders of these fake accounts suffered financial losses. My guess, also, is that it is very unlikely that such "techniques" were or are ...
by fcox85
Fri Aug 12, 2016 9:51 am
Forum: Personal Consumer Issues
Topic: What does the BH community do with their pets when they travel?
Replies: 60
Views: 4319

Re: What does the BH community do with their pets when they travel?

I'm lucky that my in-laws live about 15 minutes away, have dogs of their own, and love keeping our dog for us, provided they are in town. Now that my dog is fully vaccinated (adopted her off of the street back in May, and it took some time to catch her up), she can be boarded as well.
by fcox85
Fri Jul 22, 2016 6:35 am
Forum: Investing - Help with Personal Investments
Topic: How to weigh taxable vs roth vs 401(k)
Replies: 9
Views: 859

Re: How to weigh taxable vs roth vs 401(k)

I am not asking about tax efficient allocation. I am asking about weight of tax advantage - this is a very different question. Here is a basic example - assuming tax rate is constant 15% for LTCG and for IRA withdrawals. $5k invested grows to $10k over years In Roth you withdraw the full $10,000 In...
by fcox85
Tue Jul 19, 2016 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Another Too-Much-House Thread....
Replies: 72
Views: 8224

Re: Another Too-Much-House Thread....

It may seem that we save very little but that is not the case. My wife and I own a business. For the first 5 years, it didn't make a whole lot of money but several years ago, it took off. Sales increased by 20 to 35% each year for 5 years and have not changed since then. We are basically "new&...
by fcox85
Fri Jul 15, 2016 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard and Fidelity must really dislike each other [Bond fund question]
Replies: 21
Views: 3541

Re: Vanguard and Fidelity must really dislike each other [Bond fund question]

I'm starting a new job and obviously with that comes a new 401K program. Fidelity is the custodian. I was hoping to have 100% of my 401K in VBMFX. However, that is not one of the 16 fund choices my company offers. Fortunately there is a Self-Directed Brokerage option through Fidelity that lets you ...
by fcox85
Fri Jul 15, 2016 8:58 am
Forum: Investing - Help with Personal Investments
Topic: Solo 401(k) Questions - Multiple Self-Employed Endeavors
Replies: 0
Views: 647

Solo 401(k) Questions - Multiple Self-Employed Endeavors

My wife owns and operates a fitness studio with no common-law employees. It is structured as a single-member LLC. She also takes on freelance singing gigs for which she is considered an independent contractor. For her singing gigs, depending on the amounts she is paid, she either receives no documen...
by fcox85
Thu Jul 07, 2016 9:02 am
Forum: Personal Finance (Not Investing)
Topic: How many "investment" accounts do you have?
Replies: 61
Views: 6547

Re: How many "investment" accounts do you have?

I was initially going to respond that I only have 2 "investment" accounts - 401(k) and HSA. However, I then remembered that I signed up for a "brokerage window" through my 401(k) that still houses the majority of my funds in my 401(k), and that my HSA is technically divided into ...
by fcox85
Wed Apr 13, 2016 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: How many financial accounts to maintain?
Replies: 30
Views: 3768

Re: How many financial accounts to maintain?

I strive for simplicity. Here is what we have. Joint Accounts : Checking Savings All Credit Cards My Accounts : 401(k) HSA Business Accounts : Checking (wife's small business) That makes 5 main accounts, and a few joint credit card accounts (I have some that were opened prior to our marriage, but we...
by fcox85
Mon Apr 04, 2016 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard and Fidelity must really dislike each other [Bond fund question]
Replies: 21
Views: 3541

Re: Vanguard and Fidelity must really dislike each other [Bond fund question]

I'm starting a new job and obviously with that comes a new 401K program. Fidelity is the custodian. I was hoping to have 100% of my 401K in VBMFX. However, that is not one of the 16 fund choices my company offers. Fortunately there is a Self-Directed Brokerage option through Fidelity that lets you ...
by fcox85
Fri Mar 25, 2016 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Financially, how have you done/doing vs. your parents?
Replies: 134
Views: 13772

Re: Financially, how have you done/doing vs. your parents?

Just reading through the comments, it appears that a lot of Baby Boomers and some Gen Xers report doing better than their parents. But the Millenials tell a different story. It would be interesting, to me at least, going forward if posters would identify their generation. Member of the Millenial ge...
by fcox85
Mon Mar 21, 2016 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Any experience w/ Ally CHECKING account?
Replies: 40
Views: 4277

Re: Any experience w/ Ally CHECKING account?

QUICK QUESTION: Ally charges no fee for receiving incoming transfers. BofAm charges a small fee for transferring to another bank. If I make an initial deposit with Ally and I let Ally "debit" from my BofAm account, does that mean BofAm will still charge me with a "transfer" fee?...
by fcox85
Wed Jan 27, 2016 4:35 pm
Forum: Personal Consumer Issues
Topic: Roofing Replacement Estimate??
Replies: 24
Views: 2642

Re: Roofing Replacement Estimate??

edge wrote:Are you sure the 6-8k guy included substantial deck replacement in his estimate? If not then the estimates could be a lot closer than you think.


Yes. We specifically discussed the decking.
by fcox85
Wed Jan 27, 2016 12:06 pm
Forum: Personal Consumer Issues
Topic: Roofing Replacement Estimate??
Replies: 24
Views: 2642

Re: Roofing Replacement Estimate??

I appreciate all of the responses! It seems that the opinions are somewhat mixed. Interestingly, two things happened after I made my original post. First, the roofer with whom I spoke yesterday called me back and told me that he had overestimated the size of my roof at first glance. Still, he gave m...
by fcox85
Wed Jan 27, 2016 9:50 am
Forum: Personal Consumer Issues
Topic: Roofing Replacement Estimate??
Replies: 24
Views: 2642

Roofing Replacement Estimate??

My home has recently started having some leaking problems, and we are getting estimates to have it replaced. I have been told by two separate companies that there are too many problems to merely repair, and they and other companies are in the process of working on estimates. However, based on what o...
by fcox85
Wed Jan 20, 2016 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Should I use my 401(k)'s Automatic Periodic Rebalancing?
Replies: 3
Views: 408

Should I use my 401(k)'s Automatic Periodic Rebalancing?

Title just about says it all: my 401(k) offers an option whereby I can set my asset allocation and have it rebalanced automatically at set intervals (monthly, quarterly, semi-annually, or annually). In the opinion of the Board, is this an effective substitute for manually monitoring one's account an...
by fcox85
Tue Dec 15, 2015 9:21 am
Forum: Personal Consumer Issues
Topic: iPhone Purchase - I'm getting Desperate!
Replies: 34
Views: 4590

Re: iPhone Purchase - I'm getting Desperate!

While not a "deal," I just bought two 16GB iPhone 6 (one generation old) for $549 each. If you sign up for a lot of the cloud sync options (iTunes Match, iCloud backup, iCloud Photo Library), you can avoid needing the larger storage on your actual phone. Also, I noted that a lot of iPhone ...
by fcox85
Mon Dec 07, 2015 11:17 am
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 350
Views: 41330

Re: Flaunt Your High-Mileage Car

2003 GMC Envoy Mileage: ~205,000 I'm 30 years old, and this is the car that my parents bought for me when I graduated high school. It is starting to fall apart, but I refused to finance a newer car while I was working on paying off my student loans. Now that we've knocked those out, hopefully I'll b...
by fcox85
Fri Dec 04, 2015 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Bank Account Buffer v. "Traditional" Budgeting??
Replies: 3
Views: 812

Re: Bank Account Buffer v. "Traditional" Budgeting??

Thanks for the responses! I was thinking something very similar to what both of you describe, maybe with a slightly higher buffer, either 2x monthly expenses, or maybe even a somewhat "arbitrary" number of $10,000.00 just as a nice round figure.
by fcox85
Thu Dec 03, 2015 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Bank Account Buffer v. "Traditional" Budgeting??
Replies: 3
Views: 812

Bank Account Buffer v. "Traditional" Budgeting??

I currently use YNAB to meticulously budget and track my expenses. YNAB has made an incredible difference in my finances, and is the main reason that I was able to pay off my student loans, become "buffered" with one month of expenses, cash flow major expenditures while working toward thes...
by fcox85
Wed Oct 21, 2015 10:39 am
Forum: Personal Consumer Issues
Topic: Selling an Inherited Property
Replies: 9
Views: 1090

Re: Selling an Inherited Property

Someone more knowledgeable correct me if I'm wrong, but here is my understanding: Upon your inheritance of the property, you get a "stepped-up" cost basis in the property which is equivalent to the fair market value of the prior owner at the time of his/her death. Going forward, provided y...
by fcox85
Tue Oct 20, 2015 10:41 am
Forum: Investing - Theory, News & General
Topic: 401k - how often do you check it?
Replies: 53
Views: 5296

Re: 401k - how often do you check it?

EDIT: Age, 30. Years to Retirement, 25+?? Lately I have been checking fairly frequently. I am using a "brokerage window" offered through Schwab, and have logged on lately to verify that my automatic investment plan is working smoothly, and to make adjustments since I recently increased my ...
by fcox85
Mon Oct 12, 2015 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to title accounts for married couples
Replies: 9
Views: 1656

Re: Best way to title accounts for married couples

I am a fan of simplicity. If you have no reason for separate accounts due to tax concerns, I say make everything joint. Also, the lower overall number of accounts, the better IMHO.
by fcox85
Fri Oct 02, 2015 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Tool Showing Savings Rate, and effect on Taxes & Take-home Pay?
Replies: 0
Views: 286

Tool Showing Savings Rate, and effect on Taxes & Take-home Pay?

Are there tools/calculators/spreadsheets out there which can be used to determine the ultimate effect that a mix of different savings vehicles (401k, IRA, Roth, Solo 401k, etc.) have on take-home pay and tax burden at different income levels? In asking this question, I do not intend a simple ADP-sty...
by fcox85
Fri Jul 17, 2015 10:31 am
Forum: Personal Finance (Not Investing)
Topic: HSA's and Emergency Funds
Replies: 8
Views: 1350

HSA's and Emergency Funds

For those of you who have an HSA and fund it sufficiently to cover your deductible and/or out of pocket maximum, how do you factor this in with your EF? Does it in any way reduce the amount that you hold in liquid cash in your EF?
by fcox85
Thu Jul 09, 2015 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Question on a Bond Fund in Schwab 401(k)
Replies: 3
Views: 596

Re: Question on a Bond Fund in Schwab 401(k)

I don't think its too bad a choice. Sure, it has twice the er, but that is not horrible. You might consider investing in it, then once a year or so switch it over to an etf so you only have to pay the high fee for a small portion of your bond portfolio. I was somewhat of the same mind with regard t...
by fcox85
Wed Jul 08, 2015 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Question on a Bond Fund in Schwab 401(k)
Replies: 3
Views: 596

Question on a Bond Fund in Schwab 401(k)

I am trying to simplify my 401(k). Long story short, I have access to self-directed Schwab brokerage window which I am using because I did not like my 401(k) options after a recent plan change. I was invested in some of the fee/commission-free ETF's offered through Schwab, but hated the fact that I ...
by fcox85
Thu May 14, 2015 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Employer Contribution 60%?
Replies: 29
Views: 2003

Re: Employer Contribution 60%?

closetoreality wrote:Also has anyone heard of employer contributions without employee contributions?


Before we merged w/ another firm and changed plans, my employer had a "Safe Harbor" plan whereby they deposited 3% of an employee's salary, regardless of whether that employee contributed.
by fcox85
Fri May 08, 2015 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: More Help w/ New 401(k) & Rollover of Old 401(k)
Replies: 6
Views: 789

Re: More Help w/ New 401(k) & Rollover of Old 401(k)

If it were me, I would roll over the terminating 401(k) to a Vanguard IRA. In the new 401(k) plan, I would invest all contributions in the one lowest cost index fund which looks like it would be the VG SP 500 Admiral (.05 ER). Use Vanguard index funds in the IRA to reach your overall desired asset ...
by fcox85
Wed May 06, 2015 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: More Help w/ New 401(k) & Rollover of Old 401(k)
Replies: 6
Views: 789

More Help w/ New 401(k) & Rollover of Old 401(k)

My employer recently merged with another firm, and our Mass Mutual 401(k) plan at the new firm is not as good as the old plan. The old plan had VG Admiral funds (500, Small Cap, Int'l, and Bond) from which an approximate "3-fund" portfolio could easily be constructed. Since the old plan is...
by fcox85
Tue Apr 21, 2015 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Monthly Investment Fee??
Replies: 2
Views: 605

HSA Monthly Investment Fee??

I have recently been enrolled in my employer's new HSA-compatible HDHC. As a part of the services offered by my HSA provider, I am able to invest all contributions exceeding $1,000.00. Fortunately, VG TSM is one of the funds offered through this investment platform. However, the HSA charges a $2.90 ...
by fcox85
Thu Feb 26, 2015 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Changing 401(k) Plans, Need Help!!
Replies: 10
Views: 777

Re: Changing 401(k) Plans, Need Help!!

Generally, if used for investing purposes, you're better off putting an HSA before IRA: Prioritizing investments - Bogleheads Agree 100%. OP, do you plan to invest the funds in the HSA or keep the money in cash? Once I hit the $1,000.00 threshold required to invest, everything beyond that amount wi...
by fcox85
Thu Feb 26, 2015 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Changing 401(k) Plans, Need Help!!
Replies: 10
Views: 777

Re: Changing 401(k) Plans, Need Help!!

What about the small cap index fund with an ER of 0.25%? I do not know of the methodology for this index but it may allow you to approximate TSM and there are a fair number of critics of the VG small cap index FWIW. As it turns out that fund is no longer available. The next closest fund to the 500 ...
by fcox85
Thu Feb 26, 2015 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Changing 401(k) Plans, Need Help!!
Replies: 10
Views: 777

Re: Changing 401(k) Plans, Need Help!!

Bump... Is there a reason you're choosing to fully fund the HSA vs. funding an IRA? Mainly, the deductibles and out-of-pockets on our new HDHP after the merger are high enough that it wouldn't hurt to have access to this money in the event that it is actually needed for medical costs, with the adde...
by fcox85
Thu Feb 26, 2015 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Changing 401(k) Plans, Need Help!!
Replies: 10
Views: 777

Re: Changing 401(k) Plans, Need Help!!

Bump... Well, it looks like the options are pretty much on par with what I expected, though possibly even a little bit worse. The only two funds I'm even considering (and only one seriously) are as follows: VG SP 500 Index Signal (.05%) PIMCO Total Return (.71%) Looks like I'm rolling over my curren...
by fcox85
Tue Feb 24, 2015 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Changing 401(k) Plans, Need Help!!
Replies: 10
Views: 777

Changing 401(k) Plans, Need Help!!

Currently, my employer offers what I consider to be an excellent 401(k) Plan. We are merging with another employer effective March 1, and our 401(k) options are changing. I am currently invested as follows: Vanguard 500 Index Admiral (VFIAX) 45.00% Vanguard Small Cap Index Admiral (VSMAX) 10.00% Van...
by fcox85
Thu Nov 13, 2014 9:02 am
Forum: Investing - Theory, News & General
Topic: Aspiration - Investment Firm where you choose your fee
Replies: 6
Views: 1752

Re: Aspiration - Investment Firm where you choose your fee

It may be just me, but after about 5-10 minutes of perusing the website, I still have no clue in what vehicles Aspiration invests its clients' money. The website makes reference to "elite investments" and "alternative investments." I get the feeling this firm is selling access to...
by fcox85
Fri Oct 31, 2014 3:18 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle on why your retirement plan stinks
Replies: 14
Views: 3247

Re: Jack Bogle on why your retirement plan stinks

It seems that when we talk about "excessive fees," we are for the most part discussing the high-cost ER's of many funds offered in 401(k) and other retirement plans. However, while I know this has been discussed many times on this board, I feel that additional sinister "hidden" ...
by fcox85
Fri Oct 31, 2014 8:29 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle on why your retirement plan stinks
Replies: 14
Views: 3247

Re: Jack Bogle on why your retirement plan stinks

It seems that when we talk about "excessive fees," we are for the most part discussing the high-cost ER's of many funds offered in 401(k) and other retirement plans. However, while I know this has been discussed many times on this board, I feel that additional sinister "hidden" c...
by fcox85
Sun Oct 12, 2014 6:58 am
Forum: Personal Consumer Issues
Topic: Best solution for clouded auto headlight lens?
Replies: 31
Views: 6339

Re: Best solution for clouded auto headlight lens?

I've seen several videos on YouTube with individuals using Off (or the equivalent)bug spray and a paper towel, and it seems to work great.
by fcox85
Thu Oct 09, 2014 11:45 am
Forum: Personal Consumer Issues
Topic: Four credit cards hacked in a 2 month period
Replies: 14
Views: 2581

Re: Four credit cards hacked in a 2 month period

IPer wrote:If it is somewhere in the house suspect everyone that has access until it is narrowed down . . . .


I couldn't help but think something along the same lines. Is there someone that regularly works in your house who might have had access to the cards?
by fcox85
Wed Oct 01, 2014 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Am I going about this the right way??
Replies: 12
Views: 910

Re: Am I going about this the right way??

If your major frustration is not having a handle on where your money is going each month, I suggest that you look into the budgeting software You Need a Budget (YNAB). It has really helped me understand where my money goes each month. The basic premise is that you create a forward-looking budget usi...
by fcox85
Mon Sep 08, 2014 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Help w/ the Mechanics of Solo 401k Contributions?
Replies: 14
Views: 1605

Re: Help w/ the Mechanics of Solo 401k Contributions?

My husband just started one this year; similar situation. My understanding is that you can put the money in whenever you want. We are putting in a small monthly amount, but then plan to add more at the end of the year when we figure out the salary/profit issues. Thanks for the input. I hadn't read ...
by fcox85
Mon Sep 08, 2014 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Help w/ the Mechanics of Solo 401k Contributions?
Replies: 14
Views: 1605

Help w/ the Mechanics of Solo 401k Contributions?

My wife is starting a business that is structured as a single-member LLC (a "disregarded" entity with no employees). Depending on how the business does, I am considering setting up a Solo 401k in the near future. I understand that there are a number of issues surrounding the calculation of...