Search found 145 matches

by keith6014
Sat Jun 17, 2017 6:43 am
Forum: Personal Consumer Issues
Topic: internet cost saving strategy
Replies: 38
Views: 2852

Re: internet cost saving strategy

I live in N.Nj. I have 2 internet providers, Cable (Spectrum) and Fiber (Verizon). We had cable and our promotion expired and it now it costs $75 just for internet. We don't have phone or TV because we simply don't need it. I think thats expensive. What strategy can I use to lower my internet bill?...
by keith6014
Thu Jun 15, 2017 7:16 am
Forum: Personal Consumer Issues
Topic: internet cost saving strategy
Replies: 38
Views: 2852

Re: internet cost saving strategy

i will give the life line plan a try.
I sort of need high speed access because I sometimes work remotely which needs high bandwidth.
by keith6014
Thu Jun 15, 2017 4:30 am
Forum: Personal Consumer Issues
Topic: internet cost saving strategy
Replies: 38
Views: 2852

internet cost saving strategy

I live in N.Nj. I have 2 internet providers, Cable (Spectrum) and Fiber (Verizon). We had cable and our promotion expired and it now it costs $75 just for internet. We don't have phone or TV because we simply don't need it. I think thats expensive. What strategy can I use to lower my internet bill? ...
by keith6014
Thu May 25, 2017 5:53 am
Forum: Personal Finance (Not Investing)
Topic: Help with filling out 8606
Replies: 3
Views: 347

Help with filling out 8606

Hi, I am now retroactively filing 8606 forms as IRS sent me a tax bill thinking as deductible contributions not included in income. In Dec 2013 , Contributed to traditional IRA In 2014, Converted to Roth IRA In March 2015, Contributed to Tradition IRA for both 2014 and 2015 years and converted in th...
by keith6014
Sat May 20, 2017 10:00 am
Forum: Investing - Help with Personal Investments
Topic: Forgot to file 1099R- IRS sent me a big bill to pay
Replies: 5
Views: 1369

Re: Forgot to file 1099R- IRS sent me a big bill to pay

I did not file form 8606 with any of the tax return. IRA is using the amounts shown of the 1099 R distributions when converted from Traditional to roth. Reading about these, i am seeing that i would need to file 8606 retroactively and then also submit amended tax return to include 1099 R form. Is th...
by keith6014
Fri May 19, 2017 8:44 pm
Forum: Investing - Help with Personal Investments
Topic: Forgot to file 1099R- IRS sent me a big bill to pay
Replies: 5
Views: 1369

Forgot to file 1099R- IRS sent me a big bill to pay

I made a non- deductible contribution of 5500 for 2013 tax year and 5500 for 2014 . Then converted both to backdoor Roth in 2014. in my 2015 tax return, i forgot to file these contributions. i received a letter from IRS to pay the tax/fine on those. What are my options now? as it's still within the ...
by keith6014
Sun May 14, 2017 2:57 pm
Forum: Personal Consumer Issues
Topic: Costco Kirkland Signature Cookware vs Calphalon?
Replies: 29
Views: 3406

Re: Costco Kirkland Signature Cookware vs Calphalon?

Do you have to get an aluminum based & non stick cookware? As a person who cooks 3-4 times a week; and hosts a large party (10+) every 2 months I strongly recommend quality stainless steel cookware. Yes, they cost most money but I guarantee you won't be disappointed. Have an AllcLad set which I ...
by keith6014
Sun May 07, 2017 2:51 pm
Forum: Personal Consumer Issues
Topic: Buying plants online
Replies: 16
Views: 1460

Buying plants online

I was a little disappointed at big box stores for variety of roses. I have heard success from others buying plants online, roses in particular.

Does anyone have experience buying plants such as roses online and any reputable dealers?
by keith6014
Mon May 01, 2017 8:05 pm
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 3208

Re: Kamado grill

I am fearing this. i suspect it will sit and collect dust. i enjoy grilling (only on weekends). weekdays I am away from home (6a to 7p) and i doubt i will have time. I only like grilling chicken, fish (salmon) and some cuts of lamb. 100% agree, I have one that I enjoy owning, but it just doesn't ge...
by keith6014
Sun Apr 30, 2017 3:05 pm
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 3208

Re: Kamado grill

You will not recoup your expenses from this. It will either sit around gathering dust and wasting your money, or be used often, costing your charcoal and meat costs, as well as time costs. You will come out ahead financially by buying from your local BBQ place. Buy it if you want this for a hobby a...
by keith6014
Sat Apr 29, 2017 2:35 pm
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 3208

Re: Kamado grill

Thanks for the replies.

I am interested in a ceramic grill. Can you recommend any good brands and if they ever go on sale? They seem quite expensive but if they are durable and I use it often I won't care too much of the price.
by keith6014
Sat Apr 29, 2017 11:30 am
Forum: Personal Consumer Issues
Topic: Kamado grill
Replies: 30
Views: 3208

Kamado grill

Was browsing thru the forums and came across this topic. I enjoy grilling on my Weber Charcoal grill. Was thinking if this sort of grill is worth it? Any good recommendations for a portable Kamado grill? Portable meaning I would like to move it around in my backyard. I see Lowes has a chargriller fo...
by keith6014
Wed Apr 19, 2017 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: Moving from Chicago NW suburbs to NJ/NY area
Replies: 31
Views: 2479

Re: Moving from Chicago NW suburbs to NJ/NY area

what is your bonus?

i would stay put. i live in n.nj and everything is expensive here. after few years i pay off my house getting hell out of here.
by keith6014
Sun Apr 16, 2017 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Do you have an umbrella policy?
Replies: 129
Views: 13210

Re: Do you have an umbrella policy?

are there any companies that provide UP without a driver's license?
by keith6014
Tue Apr 11, 2017 9:32 pm
Forum: Personal Consumer Issues
Topic: leaving early from work
Replies: 57
Views: 7590

Re: leaving early from work

Watty wrote:My manager was Ok with me working those later hours but her manager put an end to that because he didn't like the way it looked when I arrived so long after everyone else.


:oops: my fear also...
by keith6014
Tue Apr 11, 2017 9:26 pm
Forum: Personal Consumer Issues
Topic: leaving early from work
Replies: 57
Views: 7590

Re: leaving early from work

We pay close to $3700 (with discount because the second one goes there too) for 2 kids for day care. So pretty close in COL. This is just staggering and sadly all too normal where I live. this is the "cheaper" day care where I live. The "nicer" one is close to the house but cost...
by keith6014
Tue Apr 11, 2017 9:22 pm
Forum: Personal Consumer Issues
Topic: leaving early from work
Replies: 57
Views: 7590

Re: leaving early from work

Both of us work and we have kids(less than 3 yrs old). We need to drop off and pick up kids at day care. Both of us work in the financial space. How accommodating are bosses to this situation? Have there actually been instances where Bosses say "No...". I know we live in an "employme...
by keith6014
Tue Apr 11, 2017 8:50 pm
Forum: Personal Consumer Issues
Topic: leaving early from work
Replies: 57
Views: 7590

Re: leaving early from work

Your employer can fire you for anything they want...but if your boss fired you for simply asking then is that the kind of employer you really want? It all really depends on the relationship you have with your boss, and I think only you can determine that. The two options my wife and I chose between...
by keith6014
Tue Apr 11, 2017 8:33 pm
Forum: Personal Consumer Issues
Topic: leaving early from work
Replies: 57
Views: 7590

leaving early from work

Both of us work and we have kids(less than 3 yrs old). We need to drop off and pick up kids at day care. Both of us work in the financial space. How accommodating are bosses to this situation? Have there actually been instances where Bosses say "No...". I know we live in an "employmen...
by keith6014
Fri Apr 07, 2017 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Secretly entered two comma club
Replies: 44
Views: 7084

Re: Secretly entered two comma club

Well, this is weird timing. for background, cash flow has been tight for the last year or so (home + home repairs + expensive daycare), and I've been arguing with my wife about whether to send our daughter to a expensive private kindergarten or the free mediocre public one. Just two nights ago, i w...
by keith6014
Sun Mar 19, 2017 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Schedule C versus Schedule E
Replies: 11
Views: 736

Re: Schedule C versus Schedule E

Thanks for the responses.
if i understand correctly, do i ignore the existence of the llc for tax filing purposes? or just add it in the Schedule C.
I have the EIN number for my llc.
by keith6014
Sun Mar 19, 2017 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Schedule C versus Schedule E
Replies: 11
Views: 736

Schedule C versus Schedule E

I started renting out a condo in 2016 used for personal use before . Before renting it out, i started a sole member LLC and then moved my condo under it. How do i report rental income? is it schedule C or Schedule E. Based on the research, it seems to me that i need to report rental income under sch...
by keith6014
Sun Mar 19, 2017 9:15 am
Forum: Investing - Theory, News & General
Topic: Sitting on cash....Waiting for a crash
Replies: 129
Views: 18444

Re: Sitting on cash....Waiting for a crash

i was 100% equities then for my 401k I started to do 100% Total Bond. Age 35. Good time to start into bonds as I expect rates to rise and especially if you don't have any in your portfolio. I plan is after a downturn I will go long equities and possibly tilt bond to large cap. Yeah, I market time. ...
by keith6014
Thu Mar 09, 2017 6:24 am
Forum: Investing - Theory, News & General
Topic: Sitting on cash....Waiting for a crash
Replies: 129
Views: 18444

Re: Sitting on cash....Waiting for a crash

i was 100% equities then for my 401k I started to do 100% Total Bond. Age 35. Good time to start into bonds as I expect rates to rise and especially if you don't have any in your portfolio. I plan is after a downturn I will go long equities and possibly tilt bond to large cap. Yeah, I market time.
by keith6014
Sat Mar 04, 2017 5:30 pm
Forum: Investing - Theory, News & General
Topic: Generating Passive income
Replies: 33
Views: 4187

Re: Generating Passive income

I would normally not be grumpy/harsh in my well meaning advice but seriously man! :oops: You say you are in your mid 30s, probably a highly educated finance professional and you are asking this? Money is fungible. It doesn't know where it came from and doesn't care how it gets spent. Mental account...
by keith6014
Fri Mar 03, 2017 11:03 pm
Forum: Investing - Theory, News & General
Topic: Generating Passive income
Replies: 33
Views: 4187

Re: Generating Passive income

Pajamas wrote:
keith6014 wrote:Tenant headaches and other liabilities.


If you are dealing with tenant headaches as a real estate investor, the income you receive does not meet the traditional definition of "passive income".


so true!
by keith6014
Fri Mar 03, 2017 11:03 pm
Forum: Investing - Theory, News & General
Topic: Generating Passive income
Replies: 33
Views: 4187

Re: Generating Passive income

There was a thread earlier about a company wanting to rid of 55+ year old employees, so it got me wondering for people in their 30's and 40's what to do. This sort of situation is inevitable. I think you are engaging in some needless worrying, to be honest. The situation in 20 years may be complete...
by keith6014
Fri Mar 03, 2017 10:58 pm
Forum: Investing - Theory, News & General
Topic: Generating Passive income
Replies: 33
Views: 4187

Re: Generating Passive income

There was a thread earlier about a company wanting to rid of 55+ year old employees, so it got me wondering for people in their 30's and 40's what to do. This sort of situation is inevitable. I think you are engaging in some needless worrying, to be honest. The situation in 20 years may be complete...
by keith6014
Fri Mar 03, 2017 10:54 pm
Forum: Investing - Theory, News & General
Topic: Generating Passive income
Replies: 33
Views: 4187

Re: Generating Passive income

Isn't building up a large financial portfolio of mutual funds and gradually selling them off to meet living expenses the same thing as a "passive" income stream in that it meets the end goal objective? It always bugs me when I see people hawking books and seminars on building passive inco...
by keith6014
Fri Mar 03, 2017 10:49 pm
Forum: Investing - Theory, News & General
Topic: Generating Passive income
Replies: 33
Views: 4187

Re: Generating Passive income

Thanks everyone for your replies.
by keith6014
Fri Mar 03, 2017 8:25 am
Forum: Investing - Theory, News & General
Topic: Generating Passive income
Replies: 33
Views: 4187

Generating Passive income

There was a thread earlier about a company wanting to rid of 55+ year old employees, so it got me wondering for people in their 30's and 40's what to do. This sort of situation is inevitable. My experience is as a mid 30s male in Finance/Technology it was much harder finding a job this time than in ...
by keith6014
Wed Feb 22, 2017 10:02 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead Millionaire
Replies: 65
Views: 8302

Re: New Boglehead Millionaire

Hello, I have nobody else to share this with so I wanted to post my new financial milestone here. I officially became a self-made millionaire today at the age of 34. That amount represents what I have invested in stocks. I am single and own no real estate. It feels surreal writing that and I feel n...
by keith6014
Mon Feb 20, 2017 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking progress to $1M portfolio and no mortgage by 40
Replies: 59
Views: 12442

Re: Tracking progress to $1M portfolio and no mortgage by 40

good thread.

around the same age as you, but have a 700k mortgage. have ways to go...
by keith6014
Sun Feb 19, 2017 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Tax software for Mac
Replies: 3
Views: 336

Tax software for Mac

I have a Mac and planning to get Turbo Tax. What edition will have all states included? We worked in 6 different states so it would be great if the software included all states. Or should I buy each individual state , which would be painful. Was wondering what my options are.
by keith6014
Mon Feb 13, 2017 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Is 130k a good salary in IT?.
Replies: 40
Views: 6344

Re: Is 130k a good salary in IT?.

Wildebeest wrote:
MDfive21 wrote:also by OP.. viewtopic.php?f=2&t=206290

quite enlightening.


I agree.

May be get to 200 K by having both spouses work?


+1
by keith6014
Thu Jan 19, 2017 7:02 pm
Forum: Personal Consumer Issues
Topic: NJ Daycare Costs: What do you pay?
Replies: 10
Views: 1799

Re: NJ Daycare Costs: What do you pay?

North Jersey. Half Day=$800 Month. Full day $1500. Kid aged 2.5
by keith6014
Mon Jan 16, 2017 8:46 pm
Forum: Personal Consumer Issues
Topic: Heavy duty cordless drill/hammerdrill recommendation
Replies: 17
Views: 1230

Re: Heavy duty cordless drill/hammerdrill recommendation

strongly recommend Milwaukee.
heavy duty, go for the brushless
absolute beast.

I also think your current drill DEWALT is pretty good. Maybe the drill bits are getting worn out.
by keith6014
Mon Jan 16, 2017 12:28 pm
Forum: Investing - Theory, News & General
Topic: Real Estate Crowdfunding
Replies: 22
Views: 3303

Re: Real Estate Crowdfunding

Just reviving this thread. For those who have been doing REC (Real Estate Crowdfunding) longer than 12 months, how have things turned out? I am thinking of putting a portion of my earnings into it starting this year to have a a stream of passive income. I've invested in UK property crowdfunding and...
by keith6014
Mon Jan 16, 2017 12:09 pm
Forum: Investing - Theory, News & General
Topic: Real Estate Crowdfunding
Replies: 22
Views: 3303

Re: Real Estate Crowdfunding

Just reviving this thread. For those who have been doing REC (Real Estate Crowdfunding) longer than 12 months, how have things turned out? I am thinking of putting a portion of my earnings into it starting this year to have a a stream of passive income. I've invested in UK property crowdfunding and...
by keith6014
Mon Jan 16, 2017 11:23 am
Forum: Investing - Theory, News & General
Topic: Real Estate Crowdfunding
Replies: 22
Views: 3303

Re: Real Estate Crowdfunding

Just reviving this thread.

For those who have been doing REC (Real Estate Crowdfunding) longer than 12 months, how have things turned out?

I am thinking of putting a portion of my earnings into it starting this year to have a a stream of passive income.
by keith6014
Mon Jan 16, 2017 12:10 am
Forum: Personal Finance (Not Investing)
Topic: How am I doin?
Replies: 31
Views: 3046

Re: How am I doin?

what is your occupation?
by keith6014
Mon Jan 09, 2017 8:45 pm
Forum: Personal Consumer Issues
Topic: advice on camera repair for sony Rx 100
Replies: 11
Views: 993

Re: advice on camera repair for sony Rx 100

great camera btw. i have one and its 3 years old. when it breaks, plan to buy rx3 with wifi.

dont get it repaired. buy new with square trade
by keith6014
Wed Nov 09, 2016 8:16 pm
Forum: Personal Consumer Issues
Topic: Wife's Colleague Scratched our car with his car
Replies: 30
Views: 4329

Re: Wifes Colleague Scratched our car with his car

sambb wrote:forget about it

+1
by keith6014
Wed Nov 09, 2016 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: Create a rental lease
Replies: 4
Views: 413

Create a rental lease

I have a tenant and need to create a lease. These are my choices: * RocketLawyer has a questionnaire which can generate a lease for me - $40 * An attorney can do it for me - $200 * I can use a free web template - Free So, is it worth going to a lawyer for creating a rental lease? Or can I use a chea...
by keith6014
Wed Sep 21, 2016 4:57 am
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance question
Replies: 11
Views: 1747

Re: Umbrella insurance question

it seems no matter what, i should get umbrella insurance, LLC and renters dwellers policy? :?
by keith6014
Tue Sep 20, 2016 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance question
Replies: 11
Views: 1747

Umbrella insurance question

I am giving my condo as a rental. I own it outright. To transfer the deed to LLC the lawyer is charging me $400 fees + additional township fees. I created the LLC myself. I want to avoid this complication! My question are: 1) Can I just get umbrella insurance instead of moving my property to LLC? 2)...
by keith6014
Tue May 17, 2016 6:45 am
Forum: Personal Finance (Not Investing)
Topic: Rich But Middle Class
Replies: 233
Views: 25786

Re: Rich But Middle Class

Rich_but_middleclass wrote:One of my initial (most important) questions, as well as some pertinent information/assumptions that got lost in the

Bottom line: given doctor's salary is ~$350k and relatively stable, could we simply live off of one income?



No. You need 2x more.
by keith6014
Mon May 16, 2016 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Rich But Middle Class
Replies: 233
Views: 25786

Re: Rich But Middle Class

so you are spending about 120 a year after tuition, child care and house payments, just wondering what kind of budget is that, what do you spend your money on. I'm taking your post at face value, however I've never heard of a day trader making a steady income like that. others may want to weigh in ...
by keith6014
Sat Jan 23, 2016 10:19 am
Forum: Personal Finance (Not Investing)
Topic: High income earners and retirement budget?.
Replies: 37
Views: 5219

Re: High income earners and retirement budget?.

300k isn't a lot in high cost of living area such as NJ :annoyed

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