Search found 58 matches

by mattyfu1
Thu Apr 12, 2018 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Could you support family on 1 income?
Replies: 88
Views: 5555

Re: Could you support family on 1 income?

I am a teacher in NY and when my wife had our first baby we decided she would stay home. One income on Long Island (expensive). We struggled our first year and I decided to start a 2nd business: SAT/ACT tutoring business. 3 years later, the business now nets more than I make teaching and my wife has...
by mattyfu1
Wed Mar 14, 2018 11:43 am
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 785
Views: 143828

Re: Boglehead Beer

HEADY TOPPER - The Alchemist - Stowe Vermont
Best beer you will ever drink.
Very hard to get
by mattyfu1
Wed Mar 14, 2018 11:42 am
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 785
Views: 143828

Re: Boglehead Beer

BogleBoogie wrote:
Mon Mar 12, 2018 10:59 am
There is no room in life for cheap beer. Find the beer that you enjoy that is the best value and go that way. I've noticed the local stores rotate what is on sale. So the same 12 back fluctuates from $11.99 to $15.99. When it is on the lower side I grab a few. I never pay full price.
+1
by mattyfu1
Fri Nov 17, 2017 10:51 am
Forum: Personal Consumer Issues
Topic: Questions for Boglehead runners
Replies: 28
Views: 1747

Re: Questions for Boglehead runners

After a thread about marathoner gift suggestions revealed how serious some of us are about running, I thought I'd ask: 1) How much do you spend each year on running, including gear/shoes, entry fees, PT, travel, etc.? 2) How do you fit the miles into your presumably busy life? 3) If you listen to p...
by mattyfu1
Thu Oct 26, 2017 5:21 pm
Forum: Personal Consumer Issues
Topic: How Often to Check Financial Email Account?
Replies: 11
Views: 1440

Re: How Often to Check Financial Email Account?

I go into the actual accounts and check my numbers every day

-Vanguard (Roths, 529'S, Investments)
-Chase checking (DW and I are linked)
-Cap one credit card (I use rarely)
-Chase business account (Real Estate Business)

-MattyFu
by mattyfu1
Wed Oct 25, 2017 5:12 pm
Forum: Personal Consumer Issues
Topic: How to Start Tutoring Service
Replies: 12
Views: 1146

Re: How to Start Tutoring Service

A family friend tutors high school kids through a web site called Wyzant. Wyzant pairs tutors with students and handles the payment processing side of the business. She felt Wyzant was very fair and they even have policies that encouraged her to keep working through them after a few sessions when s...
by mattyfu1
Wed Oct 25, 2017 11:37 am
Forum: Personal Consumer Issues
Topic: How to Start Tutoring Service
Replies: 12
Views: 1146

Re: How to Start Tutoring Service

Hi! I currently run a tutoring business on Long Island in NY. I tutor ACT/SAT. I started from nothing and now make over 3k a month. The fact that you have a Science background is amazing, you can charge top dollar and not have much competition. 1. I would go for the High School students as there is ...
by mattyfu1
Tue Oct 24, 2017 6:17 pm
Forum: Personal Consumer Issues
Topic: what is your weekly workout routine?
Replies: 68
Views: 5241

Re: what is your weekly workout routine?

On MWF I do this Bodyweight workout: 5 sets each of: 10 pull-ups (including wide grip, close grip, and chin-ups) 10 squats 10 pushups Planks: 30 sec each front plank, right side plank, left side plank, then stretch 3-5 times a week I walk 3 miles. I've been working out for decades. Doing Bodyweight...
by mattyfu1
Fri Oct 20, 2017 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Finally a win for teachers!! [403(b) modified to add funds]
Replies: 33
Views: 3232

Re: Finally a win for teachers!! [403(b) modified to add funds]

After 3 years I finally convinced the district to add Vanguard and Fidelity to our 403b list. Long story short, in 2012 those vendors were removed from our "approved" list with no explanation given. I met with our business administrator to see what I had to do to get them back, she told me nothing ...
by mattyfu1
Mon Oct 16, 2017 5:00 pm
Forum: Investing - Theory, News & General
Topic: Barclays Increase APY to 1.30%
Replies: 9
Views: 960

Re: Barclays Increase APY to 1.30%

DaftInvestor wrote:
Mon Oct 16, 2017 3:25 pm
mattyfu1 wrote:
Mon Oct 16, 2017 1:03 pm
Just moved my savings to GSachs @ 1.20% - we think GS will follow?
Go look at your account - they moved to 1.3% last week.
Confirming yes! 1.30% love it
by mattyfu1
Mon Oct 16, 2017 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: You career roots and your path to financial independence. "Actionable: steps and tips for others?
Replies: 56
Views: 6504

Re: You career roots and your path to financial independence. "Actionable: steps and tips for others?

I am a teacher in NY and make a good salary - over 80k Action I took was starting my own business : SAT /ACT tutoring. I now make more tutoring than I do teaching and in less hours. I make my own schedule and keep growing. My wife is home now with our young babies, I have 0 debt and am saving thousa...
by mattyfu1
Mon Oct 16, 2017 1:03 pm
Forum: Investing - Theory, News & General
Topic: Barclays Increase APY to 1.30%
Replies: 9
Views: 960

Re: Barclays Increase APY to 1.30%

Just moved my savings to GSachs @ 1.20% - we think GS will follow?
by mattyfu1
Thu Oct 05, 2017 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaire Next Door (Thank you Bogleheads)
Replies: 81
Views: 12543

Re: Millionaire Next Door (Thank you Bogleheads)

Amazing and inspiring!! Thank you for the share - working my way ! Side note question: Entering the "Millionaire Next store" club : -Is this a liquid million (cash, stocks) ? -Can it also include real estate (paid off or not), trusts or other assets that are paid off? Maybe there is no real definiti...
by mattyfu1
Tue Oct 03, 2017 4:58 pm
Forum: Personal Finance (Not Investing)
Topic: Dental/Vision Insurance for Newborn
Replies: 20
Views: 1516

Re: Dental/Vision Insurance for Newborn

runner3081 wrote:
Tue Oct 03, 2017 4:56 pm
aristotelian wrote:
Tue Oct 03, 2017 2:42 pm
Pretty sure you would need teeth in order to need dental coverage...But for a couple bucks a month I would probably still take it.
I would not enroll a newborn in dental. Complete waste of money. You have the opportunity to enroll them each open enrollment. Wait until they are at least 2.
+1
by mattyfu1
Mon Oct 02, 2017 6:21 pm
Forum: Local Chapters and Bogleheads Community
Topic: Retirement Class of 1998 (Sheepdog's Experience)
Replies: 45
Views: 5115

Re: Retirement Class of 1998 (Sheepdog's Experience)

I am 35 and working my way towards financial independence.

I love this post, the perspective is worth more than any dollar I can save.

Most appreciated.

-Matt
by mattyfu1
Mon Oct 02, 2017 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you become debt free and what opportunities did it create?
Replies: 142
Views: 21727

Re: What age did you become debt free and what opportunities did it create?

I am 35 and am debt free. Just sold my house, don't use credit cards and hate new cars :D Opportunities it created: I travel more, actually downsized and simplified my life, started my own business (SAT tutoring) For me, having no debt allowed me time to think of ideas and opportunities. This way of...
by mattyfu1
Thu Jun 01, 2017 5:48 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1821
Views: 324982

Re: What are you up YTD? [Year To Date]

2.6%

BND - VXUS - VYM
by mattyfu1
Wed May 31, 2017 7:00 am
Forum: Personal Finance (Not Investing)
Topic: What do you guys do on the side?
Replies: 165
Views: 26572

Re: What do you guys do on the side?

I am a teacher in NY - make about 88k I have an SAT/ACT tutoring business that nets me roughly 3k a month Sept-June. Allows my wife to stay at home with kids and us live a nice lifestyle even on Long Island. Best, Matt Fu One of my good friends does SAT tutoring fulltime. He got into b school sever...
by mattyfu1
Tue May 30, 2017 7:35 pm
Forum: Personal Finance (Not Investing)
Topic: What do you guys do on the side?
Replies: 165
Views: 26572

Re: What do you guys do on the side?

I am a teacher in NY - make about 88k

I have an SAT/ACT tutoring business that nets me roughly 3k a month Sept-June.
Allows my wife to stay at home with kids and us live a nice lifestyle even on Long Island.

Best,

Matt Fu
by mattyfu1
Tue May 30, 2017 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Should I move or not?
Replies: 7
Views: 1168

Re: Should I move or not?

- My kids are 4 and 2 - I hate the term "dream home" - hahaha sorry I used it - We just need a little more space. -I understand the building of equity if I kept it, hence my back and forth with the decision. Update: *I spoke with my sister who is a real estate agent and the owner of the agency she w...
by mattyfu1
Tue May 30, 2017 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Should I move or not?
Replies: 7
Views: 1168

Re: Should I move or not?

Thanks for advice - I think a large part of this is whether the market is going to top out or continue to rise.
by mattyfu1
Tue May 30, 2017 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Should I move or not?
Replies: 7
Views: 1168

Should I move or not?

Hello Fellow Bogleheads, As always thank you for the help - your advice is worth so so much! The current city I live in within NY is going through a spike in real estate. Houses are going for asking prices and sometimes even a bidding war. I have the opportunity to move into a 2 bedroom apartment ow...
by mattyfu1
Fri Apr 07, 2017 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Telling Family About Daughters 529 For Gifts
Replies: 52
Views: 4536

Re: Telling Family About Daughters 529 For Gifts

I do not think you can tell people what to do, however I has asked family members to "think" about it.
I have found that they now still get a toy or 2, but throw in a nice donation.

I also mention how easy it is with the link I can send them.

Good Luck!
by mattyfu1
Fri Apr 07, 2017 7:05 am
Forum: Personal Finance (Not Investing)
Topic: How does one determine their "number" and what exactly does it mean?
Replies: 116
Views: 12275

Re: How does one determine their "number" and what exactly does it mean?

I struggle with this question as well: My wife and I are teachers in NY. We are 35 years old and should make the following at retirement: These are POST tax numbers: Her: $48,300 Me: $63,000 TOTAL: $111,300 MONTHLY: $9,275 *I have a trust that will pay for my 2 kids college education *No debt I do n...
by mattyfu1
Tue Apr 04, 2017 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 262
Views: 29687

Re: Low-earners- What is your profession?

Me - teacher in NY - earning 86k Wife - teacher in NY - currently on maternity 2 small kids (2 and 4) -No Debt -Strict Budget (no cable, rarely eat out, rarely shop for things not in budget) -Currently save 5% of my income (my mortgage/taxes is 50% of my monthly budget - NY living - can't seem to s...
by mattyfu1
Tue Apr 04, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 262
Views: 29687

Re: Low-earners- What is your profession?

Me - teacher in NY - earning 86k Wife - teacher in NY - currently on maternity 2 small kids (2 and 4) -No Debt -Strict Budget (no cable, rarely eat out, rarely shop for things not in budget) -Currently save 5% of my income (my mortgage/taxes is 50% of my monthly budget - NY living - can't seem to sp...
by mattyfu1
Mon Apr 03, 2017 7:53 am
Forum: Personal Consumer Issues
Topic: iPhone 6S battery issues
Replies: 14
Views: 1201

Re: iPhone 6S battery issues

https://www.amazon.com/Btopllc-3500mAh-Portable-Charging-Extended/dp/B06XBZKGN7/ref=sr_1_3?s=wireless&ie=UTF8&qid=1491188520&sr=1-3&keywords=iphone+6s+battery+case OP, Get an IPhone 6S battery case, it is less than $20 and you do not have to open up your Iphone 6S and try to fix it. KlangFool Ended...
by mattyfu1
Mon Apr 03, 2017 6:36 am
Forum: Personal Consumer Issues
Topic: iPhone 6S battery issues
Replies: 14
Views: 1201

Re: iPhone 6S battery issues

thanks everyone for the info!
by mattyfu1
Sun Apr 02, 2017 8:46 pm
Forum: Personal Consumer Issues
Topic: iPhone 6S battery issues
Replies: 14
Views: 1201

iPhone 6S battery issues

Hello! My phone battery currently goes from 100% to 50% within the initial half hour of use after charging and dies an hour later. The phone is around 2.5 years old and has no visible issues. I do not have an upgrade in the near future. Apple said I would need to buy a new battery. $$$ Wondering if ...
by mattyfu1
Wed Mar 29, 2017 3:44 pm
Forum: Personal Consumer Issues
Topic: BEHR Premium Deckover
Replies: 12
Views: 2612

Re: BEHR Premium Deckover

barnaclebob wrote:Never use a film forming product on a deck. None of them will last.

I'm happy with a product called one time wood but will need a reapplication to horizontal surfaces this summer about 6 years after first application and 2 years overdue...
thanks for info!
by mattyfu1
Wed Mar 29, 2017 3:43 pm
Forum: Personal Consumer Issues
Topic: BEHR Premium Deckover
Replies: 12
Views: 2612

Re: BEHR Premium Deckover

*I live in New York, beach community on Long Island.
by mattyfu1
Wed Mar 29, 2017 3:38 pm
Forum: Personal Consumer Issues
Topic: BEHR Premium Deckover
Replies: 12
Views: 2612

BEHR Premium Deckover

Hello Everyone,

It has been 2 winter seasons since I painted my deck with BEHR Premium Deckover.
My deck is currently peeling very badly and looks horrible. I followed all instructions, two coats etc.

I have followed up with BEHR to procure a refund.

Wanted to spread the word.

Best,

MattyFu
by mattyfu1
Tue Mar 28, 2017 4:39 pm
Forum: Personal Consumer Issues
Topic: $50 AMEX Gift Card - What does a Boglehead/minimalist do?
Replies: 29
Views: 2768

Re: $50 AMEX GIFT CARD - What does a Boglehead/minimalist do?

jebmke wrote:Since when did being a Boglehead come to mean minimalism? Somehow, sound fiscal management morphed to eating road pizza and munching on pine cones. I don't subscribe to that characterization.
Did not mean to put those words into one characterization. I was just describing me. :D
by mattyfu1
Tue Mar 28, 2017 4:27 pm
Forum: Personal Consumer Issues
Topic: $50 AMEX Gift Card - What does a Boglehead/minimalist do?
Replies: 29
Views: 2768

$50 AMEX Gift Card - What does a Boglehead/minimalist do?

Hello Friends, Just turned 35 and can't thank this forum enough for all the advice. My sister gave me a $50 AMEX gift card and I literally can not think of anything to do with it. I live a very minimal lifestyle and hate "stuff". Was wondering if anyone has any suggestions as to a book or other item...
by mattyfu1
Wed Mar 22, 2017 4:26 pm
Forum: Investing - Help with Personal Investments
Topic: Simple IRA's to Vanguard question
Replies: 6
Views: 491

Re: Simple IRA's to Vanguard question

Based off of info I provided in the first post, would you suggest a trad IRA or conversion to ROTH? It is hard to know. The decision to convert depends on current and multiple different future circumstances, considerations and personal choice. First, you should compare your current marginal tax rat...
by mattyfu1
Wed Mar 22, 2017 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Simple IRA's to Vanguard question
Replies: 6
Views: 491

Re: Simple IRA's to Vanguard question

It has been 2 years since the 1st SIMPLE IRA contributions to each account. So I can rollover to a Vanguard Traditional IRA? Can she combine each to one Trad. IRA and make contributions? Can she convert it to a ROTH under her name? Both the SIMPLE IRA rollover, other IRA assets and future contribut...
by mattyfu1
Wed Mar 22, 2017 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Simple IRA's to Vanguard question
Replies: 6
Views: 491

Re: Simple IRA's to Vanguard question

*The accounts were started by her father and she made small contributions. How were these accounts set up? Did she work for a business her father owned? A SIMPLE IRA is an employer plan and only employee deferrals and employer (match or elective) contributions can be made to it. How and where shoul...
by mattyfu1
Wed Mar 22, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Simple IRA's to Vanguard question
Replies: 6
Views: 491

Simple IRA's to Vanguard question

Hi Everyone, My wife has 2 simple IRA’S: Pacific Life : $23,000 Charles Schwab: $8,000 *The accounts were started by her father and she made small contributions. *I have noticed that both of them are simply sitting in money market accounts and not allocated. How and where should I roll these over to...
by mattyfu1
Tue Mar 21, 2017 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage PMI - Should I refi?
Replies: 7
Views: 984

Re: Mortgage PMI - Should I refi?

SimonJester wrote:What is your current loan balance? Are you now below 80% if so you should be able to request cancellation.

What sort of rate could you get today on a 30 year conventional? I would not do an ARM rates are only going to go up from here...
I meet all requirements except a 5 year length of loan.
by mattyfu1
Tue Mar 21, 2017 7:09 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage PMI - Should I refi?
Replies: 7
Views: 984

Re: Mortgage PMI - Should I refi?

Thank you everyone for the info !

I have met all requirements, except for the 5 year length of loan. I think I am just going to wait it out.

Best,

Matt
by mattyfu1
Mon Mar 20, 2017 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage PMI - Should I refi?
Replies: 7
Views: 984

Mortgage PMI - Should I refi?

Hello Everyone! I currently have a $380,000 FHA mortgage with Chase - 30 year @ 3.5% (opened in Sept. of 2013) PMI IS $408 a month and will be taken away Sept of 2018 -I plan on living in the house for no more than 5 years (more likely around 3 years) Should I refinance to an ARM or conventional mor...
by mattyfu1
Mon Mar 06, 2017 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: Feeling a little burnt out - look at my financial health and give me the bad news
Replies: 13
Views: 2541

Re: Feeling a little burnt out - look at my financial health and give me the bad news

" I used to work in a high stress sales job that gave me plenty of financial independence but NO lifestyle happiness. I ended up quitting, got my masters and am now a teacher. BEST decision I ever made. You live off of way less than you earn, could a career change be a choice? -Matt How old were yo...
by mattyfu1
Mon Mar 06, 2017 6:35 pm
Forum: Local Chapters and Bogleheads Community
Topic: New York/Long Island Local Chapter?
Replies: 3
Views: 928

Re: New York/Long Island Local Chapter?

Long Beach NY, Long Island here

-2 of us interested !
by mattyfu1
Mon Mar 06, 2017 5:24 pm
Forum: Investing - Help with Personal Investments
Topic: Feeling a little burnt out - look at my financial health and give me the bad news
Replies: 13
Views: 2541

Re: Feeling a little burnt out - look at my financial health and give me the bad news

" I see more of a suppressed concern about not being completely satisfied with your work than any problem with your finances. That is something you might want to look at and actively address. " + 1 - I used to work in a high stress sales job that gave me plenty of financial independence but NO lifes...
by mattyfu1
Mon Mar 06, 2017 8:34 am
Forum: Personal Finance (Not Investing)
Topic: How much do you spend on food in a year?
Replies: 155
Views: 10091

Re: How much do you spend on food in a year?

Family of 4 - living in NY - $7,200 / year

Find it hard to eat well and not spend a ton of money on food - save that for another forum!

Matt
by mattyfu1
Wed Feb 22, 2017 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Should I be investing in a 457b plan offered by my job
Replies: 26
Views: 2907

Re: Should I be investing in a 457b plan offered by my job

retiredjg wrote:With almost a half million in debt at 5.5%, I think that is what you should focus on.
Could not agree more
by mattyfu1
Fri Jan 20, 2017 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Pay down 1.9% loan or invest
Replies: 61
Views: 5996

Re: Pay down 1.9% loan or invest

I had this exact situation last summer. I had a vehicle loan at 2.99% and too much cash in our savings account (based on total asset allocation). I had been debating whether to take some of our cash and pay off the loan ($8K) or keep making the payments and move part of our cash to taxable investme...
by mattyfu1
Fri Jan 20, 2017 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Quitting Job to Start a Business
Replies: 51
Views: 5262

Re: Quitting Job to Start a Business

Do you like eating ramen and working 12 hour days, including weekends, for 2 years straight? That's probably what you should do if you start a business. I'm not saying don't start a business, I'm saying be prepared to sacrifice in the short term. If you're thinking that you're going to have a ton o...