Search found 3330 matches

by mhc
Fri Jun 02, 2017 4:09 pm
Forum: Personal Consumer Issues
Topic: Yellowstone best itinerary?
Replies: 15
Views: 1458

Re: Yellowstone best itinerary?

I live between Denver and Cheyenne. I have been to all the places on that tour, and most of them multiple times. The tour is going to involve a lot of driving and a very small sampling of each. If you want to see a lot of places quickly and just see the highlights, then this tour is for you. If I wa...
by mhc
Fri Jun 02, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: How to treat and budget gift money?
Replies: 3
Views: 291

Re: How to treat and budget gift money?

I treat all money the same. The source doesn't affect how I treat it. The source does not influence my spending behavior. You are getting real money. I would just invest it like any excess money. For example, my in-laws sends us a check to go out to eat on our wedding anniversary. We deposit the che...
by mhc
Fri Jun 02, 2017 10:39 am
Forum: Personal Consumer Issues
Topic: Responding to a weird job interview question..
Replies: 31
Views: 2963

Re: Responding to a weird job interview question..

It doesn't seem all that weird depending on the job. Without know the type of job it is hard to comment.

I know the Army recruiter didn't bring this up when I enlisted over 30 years ago.
by mhc
Thu Jun 01, 2017 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Should i do a backdoor Roth
Replies: 3
Views: 448

Re: Should i do a backdoor Roth

I would not worry about the IRS. Just follow the rules. 1 year, no 2 year, maybe If you end up working more than 2 years, then yes. It is hard to predict the future. I would probably go ahead and do it. It is easy enough. It really is not going to change your life much one way or another. If you are...
by mhc
Thu Jun 01, 2017 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Do you have a bucket to pay your mortgage or pay from core?
Replies: 36
Views: 2386

Re: Do you have a bucket to pay your mortgage or pay from core?

I have never had different buckets for paying bills. All bills are paid through a single checking account or through a credit card if possible. Having multiple accounts is more work than I want. Also, as you are seeing, if you have to have a cushion in each account, it can tie up more cash than the ...
by mhc
Tue May 23, 2017 8:43 am
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Options
Replies: 9
Views: 626

Re: HSA Investment Options

simpatico wrote:Great tips y'all! So what would be the short term low risk product?


short term bond fund that follows an index
by mhc
Mon May 22, 2017 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Dividends Reinvested?
Replies: 10
Views: 622

Re: Dividends Reinvested?

Log into your account and look at the transaction history. You should see the dividends paid and then additional shares purchased.
by mhc
Mon May 22, 2017 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Options
Replies: 9
Views: 626

Re: HSA Investment Options

If you might need the money to pay medical bills, then a short to intermidiate bond fund would be appropriate.

If you do not need the money for medical bills, then I would just consider the money as part of your total portfolio and chose something like the Total Stock Market Index.
by mhc
Mon May 22, 2017 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Net worth is overrated
Replies: 76
Views: 9362

Re: Net worth is overrated

Net worth is important to me because my human capital is decreasing as I age. I need something to replace it if I want to pay the bills. My investments, which are the vast majority of my net worth and will pay the bills when I retire. I also need to consider SS and medicare to help make ends meet in...
by mhc
Fri May 19, 2017 3:22 pm
Forum: Personal Consumer Issues
Topic: Gifts - list price vs. what you actually paid
Replies: 3
Views: 495

Re: Gifts - list price vs. what you actually paid

I think you are over thinking it. It should not matter what you paid.

If you are really concerned about spending a certain amount, then buy a gift card. The recipient will get the exact dollar amount.
by mhc
Fri May 19, 2017 8:29 am
Forum: Personal Consumer Issues
Topic: Summer outdoor parties - party food ideas
Replies: 20
Views: 1717

Re: Summer outdoor parties - party food ideas

Watermelon.

Nothing like a cold chunk of watermelon on a hot day.

I through a big party every summer, and it is centered around me smoking lots of meat. It is always a big hit.
by mhc
Thu May 18, 2017 2:26 pm
Forum: Personal Consumer Issues
Topic: Neighbor draining onto / flooding my patio and yard daily - what can I do?
Replies: 59
Views: 5026

Re: Neighbor draining onto / flooding my patio and yard daily - what can I do?

When you say it is against code, do you mean it is against city code? If it is, your city should have a code enforcement department. You could regrade your yard to protect your patio and garage. This is the route I would probably go. See if you can direct his water in a way that is beneficial to you...
by mhc
Tue May 09, 2017 9:07 am
Forum: Personal Consumer Issues
Topic: What newspaper or magazine do you pay for?
Replies: 107
Views: 4677

Re: What newspaper or magazine do you pay for?

I subscribe to the local paper to get the local news. This news is generally not available online for free. I live in a mid-sized city away from a metropolitan area.

I just switched to a digital only subscription for $25/yr.

I get the rest of my news for free off the internet.
by mhc
Fri May 05, 2017 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Incentivising Kids
Replies: 22
Views: 1504

Re: Incentivising Kids

1. I give a monthly allowance based on age. They may spend the money as they see fit. They use it to by presents, snacks when out, and descretionary items. I believe the child actually has to have the opportunity to manage money to learn through trial and error. 2. Each summer I have each child writ...
by mhc
Fri May 05, 2017 10:29 am
Forum: Personal Consumer Issues
Topic: Late October Western Travel Ideas?
Replies: 10
Views: 1093

Re: Late October Western Travel Ideas?

Moab: great outdoor activities, town is small but reasonable Glenwood Springs: great outdoor activities, town is reasonable Denver: close to good outdoor activities, town is large enough to provide just about anything Estes Park: great outdoor activities, town is reasonable It comes down to accessab...
by mhc
Thu May 04, 2017 3:55 pm
Forum: Personal Consumer Issues
Topic: Road trip to western states
Replies: 38
Views: 2136

Re: Road trip to western states

How many people living in Jackson Hole, WY are thinking of doing a road trip to Chicago? That's the same trip you are contemplating. Sounds great, doesn't it? I don't live in Jackson, Wy, but I live really close to Rocky Mountain NP. We did the road trip to Chicago and back. There are a lot of grea...
by mhc
Thu May 04, 2017 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: How to handle large variable expenses?
Replies: 16
Views: 1009

Re: How to handle large variable expenses?

I would not do anything to prevent maxing out tax advantaged accounts. If you are talking about not saving in a taxable account, then I would do that. Otherwise I would set aside money until I could pay cash for the work. Next choice would be to dip into the emergency fund, especially, if you can re...
by mhc
Thu May 04, 2017 2:36 pm
Forum: Personal Consumer Issues
Topic: Road trip to western states
Replies: 38
Views: 2136

Re: Road trip to western states

How much time do you have? The number 1 destination should be Yellowstone. On the way there or back you could hit Badlands NP, Mount Rushmore NP, Black Hills, Devils Tower, and Grand Tetons NP. If you have more time, you could either swing down to Colorado and do Rocky Mountain NP, Mesa Verde NP, Ou...
by mhc
Thu May 04, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Multiple HSA accounts - How to handle
Replies: 4
Views: 302

Re: Multiple HSA accounts - How to handle

If you want, you may choose the HSA custodian of your choosing. It does not have to be either of the ones you already have. Do a little research and find the custodian of your own choosing and put all the money there.
by mhc
Thu May 04, 2017 9:37 am
Forum: Personal Consumer Issues
Topic: Window Replacement Question
Replies: 20
Views: 2022

Re: Window Replacement Question

You could get an energy audit to determine the best place to spend your money. The city I live in has a program through independent contractors. As part of the audit there are a handful of rebates and discounts for mitigation work. The last time I looked, the audit was about $200. Considering how ex...
by mhc
Wed May 03, 2017 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Do you know exactly what % of income you spend?
Replies: 48
Views: 3567

Re: Do you know exactly what % of income you spend?

I know. I track all spending by category.

25% spend/donate/not taxes
30% taxes
45% investing
by mhc
Tue May 02, 2017 10:46 am
Forum: Investing - Help with Personal Investments
Topic: Do you count lock-up shares part of your AA?
Replies: 18
Views: 958

Re: Do you count lock-up shares part of your AA?

If you are only looking at 3-6 month lockout, then stand there and do nothing. Don't make any changes. Don't even count the money until you have it in hand. Many years ago, I was waiting for some options to hit a large round figure before I exercised them. I was within 1% of hitting the magic number...
by mhc
Tue May 02, 2017 7:18 am
Forum: Investing - Help with Personal Investments
Topic: Do you count lock-up shares part of your AA?
Replies: 18
Views: 958

Re: Do you count lock-up shares part of your AA?

I don't count them toward my AA, but they definitely influence my desire and need to take risk; hence, they affect my target AA. If I understand your meaning, I would say that mathematically those two things are the same. When I have had significant amount locked up for a longer period I have at le...
by mhc
Tue May 02, 2017 7:11 am
Forum: Personal Finance (Not Investing)
Topic: Bigger home guilt or bad idea
Replies: 15
Views: 2170

Re: Bigger home guilt or bad idea

If you can afford it or not depends on how safe are your jobs, how much longer do you want to work, and how much longer will you be able to work. I am in a similar situation, and I have decided to become FI before I upgrade to a nicer house. I see layoffs every year at work despite the fact that the...
by mhc
Tue May 02, 2017 7:04 am
Forum: Investing - Help with Personal Investments
Topic: Do you count lock-up shares part of your AA?
Replies: 18
Views: 958

Re: Do you count lock-up shares part of your AA?

I wouldn't count them. If you plan to sell them, then it is cash to invest according to your AA. If you plan to hold them, then they are part of your AA once the lock out expires. I hold vested NQSO that are equivalent to about 1/12 of my retirement savings (pre-tax). I don't count them toward my AA...
by mhc
Thu Apr 27, 2017 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Target Date Fund - Forced to change by Transamerica
Replies: 5
Views: 610

Re: Target Date Fund - Forced to change by Transamerica

You should compare the AA of the two funds. Also, look how well the Blackrock fund has tracked its index. If these two things check out okay, then the move is fine. Blackrock provides a lot of good funds.
by mhc
Tue Apr 25, 2017 4:55 pm
Forum: Personal Consumer Issues
Topic: $300+ to remove a racoon. Really?
Replies: 83
Views: 5070

Re: $300+ to remove a racoon. Really?

You can get a trap on Amazon for less than $50. Ask your friends and co-workers, maybe someone will loan you one. You may also check if your local government will trap it for you. My retired father has turned urban trapping into a hobby. He traps an animal then calls the city's animal control to com...
by mhc
Thu Apr 13, 2017 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: million dollar condo?
Replies: 33
Views: 4020

Re: million dollar condo?

I live in the same modest house as when I was single. Been there 18 years. I'm married with 3 children now living in the same house. I do not regret not moving up to a bigger, nicer, more expensive house. I figure I will be able to retire at least 5 years earlier by living in this house. I really do...
by mhc
Thu Apr 06, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: What is your definition of 'Savings'?
Replies: 25
Views: 1667

Re: What is your definition of 'Savings'?

They are all savings.
by mhc
Thu Apr 06, 2017 9:17 am
Forum: Investing - Help with Personal Investments
Topic: can you safely view BND as equivalent to saving?
Replies: 13
Views: 1182

Re: can you safely view BND as equivalent to saving?

BND is not the same as a savings account, but so what? Is BND a safe place to hold money? Yes. It is all a matter of how exact you need to be. As others have pointed out, there are times when BND goes down. If you can live with that, then go for it. Obviously, your stock funds can and will go down a...
by mhc
Wed Apr 05, 2017 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: AA for 529
Replies: 20
Views: 1230

Re: AA for 529

I do not include my 529s with my retirement portfolio. I maintain a separate AA for college funds. I think the AA for retirement or college follow the same guideline of setting the AA based and need and ability to take risk. My need and ability to take risk may be quite different from yours. Persona...
by mhc
Mon Apr 03, 2017 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Value of your social security tax contributions "account"
Replies: 15
Views: 1735

Re: Value of your social security tax contributions "account"

Please share your results. It will be interesting to see.

Keep in mind that SS includes old age, disability, and survivor insurance pieces. Do you plan on accounting for all three or just the one?
by mhc
Fri Mar 31, 2017 11:07 am
Forum: Personal Consumer Issues
Topic: Glacier National Park - where to stay
Replies: 11
Views: 958

Re: Glacier National Park - where to stay

We stayed at the Pine Lodge in Whitefish. It worked out really well. Whitefish is an enjoyable town with a really nice public beach on the lake. The drive is a bit long getting to the park each day. In the summer, leave for the park really early or expect long lines getting in. We also spent a few n...
by mhc
Fri Mar 31, 2017 10:40 am
Forum: Personal Finance (Not Investing)
Topic: Saving 50% of salary; what does it really mean?
Replies: 142
Views: 11092

Re: Saving 50% of salary; what does it really mean?

The key is how much is paid in taxes. The remaining money is split between savings and spending. I believe most people pay less than 25% in taxes. Saving 50% of gross is easily explained. I know I have had years where my money is split 20% taxes, 40% savings, 40% spending. Regardless, there is no un...
by mhc
Thu Mar 30, 2017 3:51 pm
Forum: Personal Consumer Issues
Topic: Radon mitigation credit at closing
Replies: 16
Views: 1349

Re: Radon mitigation credit at closing

See if they will give you a copy of the written estimate to determine if it is current and with a company you would want to use. If it is, you could call the company and see if they would still honor it after you purchase the house. Mitigation is usually pretty easy. What part of the country are you...
by mhc
Wed Mar 29, 2017 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: What do Bogleheads think about Aspiration?
Replies: 12
Views: 1065

Re: What do Bogleheads think about Aspiration?

I do not think companies like Aspiration are sustainable, but go for it and let us know how it turns out. We will learn from your experiences.

As far as I know, there are no major indices that track your special interests.
by mhc
Wed Mar 29, 2017 1:49 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth question
Replies: 3
Views: 291

Re: Backdoor Roth question

If you have a good 401k plan, then yes because you would then avoid the taxes which result from converting an IRA to a Roth.
by mhc
Wed Mar 29, 2017 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth question
Replies: 3
Views: 291

Re: Backdoor Roth question

Welcome to the forum! Take a look at the wiki article on Backdoor Roth: https://www.bogleheads.org/wiki/Backdoor_Roth_IRA You may convert without penalty, but you may have to pay some taxes. If your 401k allows it, you could move your IRA to your 401k. The wiki article should have the information yo...
by mhc
Wed Mar 29, 2017 11:11 am
Forum: Investing - Theory, News & General
Topic: Over last 6 years, has the Total Bond Market Index produced an overall slight loss?
Replies: 35
Views: 4877

Re: Over last 6 years, has the Total Bond Market Index really produced an overall loss?

Did you consider dividends? You should not only look at share price. For mutual funds you should consider total return. Try going to morningstar and looking at the chart for VBTLX. You will see that the fund has had a positive slope over the last 6 years. Make sure you look at total return charts. T...
by mhc
Wed Mar 29, 2017 8:49 am
Forum: Personal Finance (Not Investing)
Topic: Another TurboTax 8606 Complaint.
Replies: 9
Views: 763

Re: Another TurboTax 8606 Complaint.

I would recommend contacting TT and have them walk you through the proper procedure for entering the information. I encountered a bug with their software this year, and they did a great job of resolving it. Give their customer service a chance to help you.
by mhc
Mon Mar 27, 2017 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Timing of contributions to taxable and retirement accounts (not market timing!)
Replies: 5
Views: 541

Re: Timing of contributions to taxable and retirement accounts (not market timing!)

It does not make much difference. The only difference I can think of is maxing 401k early delays paying income taxes. Since 401k contributions are pre-tax, the portion of your salary that has taxes withheld will be smaller at the beginning of the year and larger toward the end of the year. This is v...
by mhc
Tue Mar 07, 2017 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Using turbo tax online
Replies: 20
Views: 1000

Re: Using turbo tax online

I paid for the online version and I still can't find a way to see my tax forms. Last year I could download a pdf. Once you pay, you are allowed to download the pdf with all the tax forms. There is a menu at the top called Tools or something like that. In there I think you select Print Center or som...
by mhc
Mon Mar 06, 2017 12:00 pm
Forum: Investing - Theory, News & General
Topic: Did you buy SNAP?
Replies: 116
Views: 10270

Re: Did you buy SNAP?

I don't understand what the benefit of snapchat is?

It seems like people like doing things that they could already do. It doesn't seem like it's worth the trouble to use; hence, I did not directly buy SNAP. I guess I'll buy it if it gets into one of my index funds.
by mhc
Fri Mar 03, 2017 10:08 am
Forum: Investing - Theory, News & General
Topic: Great Portfolio Analzer
Replies: 16
Views: 1968

Re: Great Portfolio Analzer

I promise, this is NOT an ad. I've tried many, many asset allocation tools, but none has come close to the one that's free on Personal Capital. This tool 1. Imports your info from major brokerages (Very helpful if you have lots of individual holdings at different brokerages) It also updates it each...
by mhc
Wed Mar 01, 2017 5:01 pm
Forum: Personal Consumer Issues
Topic: Tell me about Smart TVs and cutting cable
Replies: 101
Views: 8336

Re: Tell me about Smart TVs and cutting cable

Where I live, it is usually better to bundle the most basic cable tv package with internet to get the best pricing from Comcast. I know I can many ESPN broadcasts on many devices like Xbox and Firestick. ESPN is also available online. I would recommend getting your external device and give it a try ...
by mhc
Wed Mar 01, 2017 4:47 pm
Forum: Personal Consumer Issues
Topic: Tell me about Smart TVs and cutting cable
Replies: 101
Views: 8336

Re: Tell me about Smart TVs and cutting cable

You don't have to have a smart TV, but a smart TV works. I have Amazon Prime and Netflix. I use an Amazon Firestick to access the Prime content and Netflix. I prefer having an external device provide the smarts. It is much cheaper to add an external device like a firestick, roku, chromecast, ... to ...
by mhc
Tue Feb 28, 2017 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market Question
Replies: 19
Views: 1935

Re: Vanguard Money Market Question

Tamales,

I have a plain old mutual fund account and it works that way. I don't know how a VBS account works. I don't know how ETF transactions work.
by mhc
Mon Feb 27, 2017 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Where to go when stocks, bonds overpriced
Replies: 53
Views: 5479

Re: Where to go when stocks, bonds overpriced

If you have 10 years to retirement and 30 years in retirement, then you are investing for the long term. Pick an AA that you can live with and stay the course.

Continue to educate yourself and tune out the noise/investing porn.
by mhc
Mon Feb 27, 2017 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Understanding an HSA - help
Replies: 7
Views: 727

Re: Understanding an HSA - help

Beaware that there is tax differences based on how you make contributions to an HSA. Payroll deductions usually avoid FICA taxes. If you contribute on your own, you will have to pay FICA on that money. I would compare your HSA providers to see who has the better options you are looking for. In gener...

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