Search found 978 matches

by new2bogle
Mon Aug 21, 2017 11:08 am
Forum: Investing - Help with Personal Investments
Topic: 401k roth in-plan conversions
Replies: 1
Views: 151

401k roth in-plan conversions

Starting this year (2017) my company began allowing after-tax contributions to be eligible for roth in-plan conversions. Custodian is Fidelity, which is also where I keep all of my investments. There are two options: in-plan Roth 401k and out-of-plan Roth IRA conversion. From what I understand, the ...
by new2bogle
Fri Aug 18, 2017 9:29 am
Forum: Investing - Help with Personal Investments
Topic: Should I roll over my old 401k?
Replies: 9
Views: 683

Re: Should I roll over my old 401k?

Thanks for the replies but I still don't understand. My old workplace 401k has some good funds in it for sure, but I cannot change anything in it, it's locked. So I have some cash position in my old 401k that I can't invest because the investments froze when I left previous company. To be clear, thi...
by new2bogle
Thu Aug 17, 2017 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Should I roll over my old 401k?
Replies: 9
Views: 683

Should I roll over my old 401k?

In another, locked, thread, someone made this comment: The latest report from GAO criticized service providers for encouraging terminated employees to rollover to an IRA as opposed to leaving the assets in the plan or rolling over to the plan at the new employer. Why would I NOT want to roll over my...
by new2bogle
Thu Aug 17, 2017 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: RSU taxes
Replies: 7
Views: 440

Re: RSU taxes

Thanks for the replies. I get RSUs - Restricted Stock Units. The immediate income tax is taken out as soon as the stocks vest, at whatever price they vest at. Looks like my question is answered - the actual grant price doesn't mean anything. Though it's kind of "rigged"... the $10k bonus I was suppo...
by new2bogle
Thu Aug 17, 2017 1:50 pm
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 159
Views: 8677

Re: Is it worth it? [demanding jobs vs time with family]

My wife and I were both working when we got married. After we had kids, my wife became a SAHM. It has been well worth it despite the fact that we could be making more $$. Time spent with the kids is priceless :beer They grow up in the blink of an eye! Consider this well known song: Thanks sunny_soc...
by new2bogle
Thu Aug 17, 2017 1:14 pm
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 159
Views: 8677

Re: Is it worth it? [demanding jobs vs time with family]

One of my problems in corporate America is I tend to work my way out of a job. I streamline work. Delegate. Focus on process. Stop doing stuff that adds no value. But there is a perceptual downside to that so I may not be the best on that front to give career advice. This is not a problem. I do tha...
by new2bogle
Thu Aug 17, 2017 10:55 am
Forum: Personal Finance (Not Investing)
Topic: RSU taxes
Replies: 7
Views: 440

RSU taxes

My company gives annual RSU as part of their bonus program. Let's say at the start of Year 0 I get a $10,000 bonus. It is given to me as 100 shares priced at $100 each. Let's say it all vests in 1 year. So at the start of Year 1, all 100 shares vest, but let's say the value dropped to $60 (so $6000)...
by new2bogle
Thu Aug 17, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 159
Views: 8677

Re: Is it worth it? [demanding jobs vs time with family]

No it is NOT worth it to work that much. My wife is a SAHM until my littlest one goes to school full time (another 3 years). I work at most 40 hours per week and my career has suffered because of it. But I would NEVER give that up - the time I spend with my kids is much more valuable than the $/hr I...
by new2bogle
Fri Aug 11, 2017 11:37 am
Forum: Personal Consumer Issues
Topic: Startup vs big company (financial equity at stake)
Replies: 57
Views: 3431

Re: Startup vs big company (financial equity at stake)

You have an advantage if you are a competitive one. Many people are smart, doesn't mean they work hard or give their all every day. That is overblown. I wouldn't waste a second comparing yourselves to those types of folks. Smart does not equal hard worker. I agree with this totally.... I find lots ...
by new2bogle
Fri Aug 11, 2017 11:34 am
Forum: Personal Consumer Issues
Topic: Be aware of Project Fi phone buy service
Replies: 26
Views: 1813

Re: Be aware of Project Fi, Google sometimes is evil

You think iPhone is any better? If you have an issue with an iPhone under its 1 year warranty, sure Apple will give you a replacement. But it will be a refurb too, per Apple's policy.
by new2bogle
Wed Aug 09, 2017 2:06 pm
Forum: Personal Consumer Issues
Topic: Startup vs big company (financial equity at stake)
Replies: 57
Views: 3431

Re: Startup vs big company (financial equity at stake)

OP, Isn't Google going to give you more RSUs every year to the tune of ~$100k? The $600k is just the sign on bonus, correct? So over the potential 4 years you are getting ~$400k more switching at Google? I don't know if you put that into your calculations. ETA (based on gunn_show below): To clarify,...
by new2bogle
Wed Aug 09, 2017 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 16320

Re: Life at crossroads. What would you do ?

* New tech is anything that has come of age in the last 10 years - think Google, Facebook, Twitter, AirBnB, Uber, Apple, Netflix etc. I still don't understand, are you defining 'new tech' by the name of the company you work for? That seems weird, I would define new tech vs old tech by the actual te...
by new2bogle
Wed Aug 09, 2017 11:11 am
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 16320

Re: Life at crossroads. What would you do ?

davidsorensen32 wrote: I don't know of anyone moving out of the Bay Area
I moved out of the bay area with a 3% pay cut
by new2bogle
Tue Aug 08, 2017 12:37 pm
Forum: Investing - Theory, News & General
Topic: news yesterday that Buffett has $100,000,000,000 in cash now
Replies: 65
Views: 8439

Re: news yesterday that Buffett has 100,000,000,000 in cash now

Well, that's what you get for reading drudgereport - "news" that is almost entirely wrong.

I forget, what's the reasoning on why Buffett doesn't pay dividends?
by new2bogle
Tue Aug 08, 2017 10:46 am
Forum: Personal Consumer Issues
Topic: Should I Buy a New Car?
Replies: 42
Views: 2865

Re: Should I Buy a New Car?

4. Get the work done at a good independent shop, not a dealer. It will cost half as much and often get done better with more experienced ASE techs. Don't agree with this one. Shop around.. I was surprised to find my Toyota dealer competitive in price. I also don't understand how a Toyota dealer mec...
by new2bogle
Tue Aug 08, 2017 10:41 am
Forum: Personal Consumer Issues
Topic: Love your family car? Under $16,000 Used? Please share!
Replies: 39
Views: 4319

Re: Love your family car? Under $16,000? Please share!

srouen wrote:Used Toyota Prius -- remarkable amount of cargo space. Also the prius-c is the hatchback version and the prius-v is the wagon version.
This. 16k should get you a pretty nice one.
by new2bogle
Mon Aug 07, 2017 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 21223

Re: A poll: How much money do you want to retire?

Fidelity's "Retirement Analysis" shows that I will have $932,000 in a "significantly below average market" which will lead to a gap of $40,000 per year. In its "Average" market calculation, it says I will have $2.1 million, which will lead to a surplus of $35,000 per year. This assumes retiring at 6...
by new2bogle
Mon Aug 07, 2017 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: A poll: How much money do you want to retire?
Replies: 270
Views: 21223

Re: A poll: How much money do you want to retire?

There are some absolutely beautiful LCOL (low cost of living) areas in this country. Most of the people who think they need 2-4 million live in HCOL (high cost of living) areas with high property taxes, etc. Are Denver or Portland LCOL? I can't think of a single truly LCOL area in the U.S. I would ...
by new2bogle
Mon Aug 07, 2017 12:38 pm
Forum: Personal Consumer Issues
Topic: Help me pick a car
Replies: 54
Views: 4148

Re: Help me pick a car

Lexus RX 350, it's a great sized SUV. We had one for about 6 years until we traded it in for a mini-van with the arrival of our third kid. No problems in those 6 years (we bought it used, of course). The cargo area can fit a double Bob stroller no problem and then you can stack your other luggage on...
by new2bogle
Thu Aug 03, 2017 1:34 pm
Forum: Investing - Theory, News & General
Topic: Wells Fargo - what the kittens?
Replies: 36
Views: 2766

Re: Wells Fargo - what the kittens?

Suggestions on which banks to use? I don't want to use B of A.

I think for me it would be Chase as that's the only other one with enough branches in town (need safety deposit box). I could go with a local credit union maybe.
by new2bogle
Fri Jul 28, 2017 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: ESPP Specifics help
Replies: 16
Views: 583

Re: ESPP Specifics help

Contribute to the max and then sell ASAP. You have a pretty good ESPP plan.
by new2bogle
Fri Jul 28, 2017 1:28 pm
Forum: Investing - Help with Personal Investments
Topic: Awarded stock; sell and diversify?
Replies: 27
Views: 1073

Re: Awarded stock; sell and diversify?

Sell when it vests, that's what I do.
by new2bogle
Wed Jul 26, 2017 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 6819

Re: Post Nuptial agreement guaranteeing alimony?

To calm everyone's worries - declining another job brought this thought up. The offer was at a competing company for a competing position and we felt it was in our best interest for me to decline after my husband's company made it clear that they disapproved of the conflict . His next promotion cou...
by new2bogle
Wed Jul 26, 2017 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: Post Nuptial agreement guaranteeing alimony?
Replies: 113
Views: 6819

Re: Post Nuptial agreement guaranteeing alimony?

. Never have I been asked what my wife does for a living in order to see if she works at a competing company. This is worth exploring. Is your husband going around telling his employer things he should have kept private? Is the problem really not your career choices, but your husband's big mouth? I...
by new2bogle
Wed Jul 26, 2017 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Why not Schwab instead of Vanguard?
Replies: 68
Views: 4698

Re: Why not Schwab instead of Vanguard?

I have Fidelity. My dad used it and I started my Roths there. Later, all of my jobs have had fidelity managed 401ks. I keep fidelity because I like having all of investments at the same place. It's inertia. The fund choices and ERs are almost exactly the same at each place so there's no need to swit...
by new2bogle
Mon Jul 24, 2017 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Spending and Expense
Replies: 6
Views: 535

Re: Spending and Expense

I don't work for commissions, but I do have at least one regular large bill (a TX-sized property tax bill) and a yearly unknown bonus. I also have ESPP, which while a generally known amount, I only get that money twice a year. So I do what you do: I fill up my emergency fund pot and use that for any...
by new2bogle
Mon Jul 24, 2017 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity Taxable - Tax Exempt Bond Options? Short or Mid Term?
Replies: 45
Views: 2664

Re: Fidelity Taxable - Tax Exempt Bond Options? Short or Mid Term?

Why are you moving into FSITX? (ETA: oh, to reset your AA?)

I recently moved my stock allocation to 70% FSTVX, 10% FTIPX and 20% FSEVX.

I also moved taxable FLTMX to FTABX.

We have surprisingly similar looking accounts.
by new2bogle
Mon Jul 24, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: Is Amazon Prime worth it?
Replies: 128
Views: 8888

Re: Is Amazon Prime worth it?

10YearPlan wrote:... it is so convenient, but I really hate the "experience" of their site.


Agreed wholeheartedly! The site is mess - assuming on purpose to keep you there longer to make additional purchases.
by new2bogle
Mon Jul 24, 2017 11:47 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target 2055 Fund vs 3-Fund Portfolio?
Replies: 12
Views: 719

Re: Vanguard Target 2055 Fund vs 3-Fund Portfolio?

Congrats on your savings!

I think using the same fund in multiple accounts is fine and sure makes it easier to figure out your allocation (only need to look up one fund!). As you accumulate more into your various accounts, you'll want to read up on tax efficient investing.
by new2bogle
Mon Jul 24, 2017 11:02 am
Forum: Personal Consumer Issues
Topic: Garage Remodeling
Replies: 14
Views: 1764

Re: Garage Remodeling

Cleaned and acid-etched floor, and allowed to dry (very important to be thorough with this step) Two coats Rustoleum epoxy (with the flakes) and one clear coat with the traction sand (It's important to not use a water based epoxy if you really want it to last - get the good stuff which is not avail...
by new2bogle
Mon Jul 24, 2017 10:59 am
Forum: Personal Consumer Issues
Topic: Is Amazon Prime worth it?
Replies: 128
Views: 8888

Re: Is Amazon Prime worth it?

It's worth it just for diapers. Like Costco, if you price shop then Amazon will have things regularly that are cheaper than Target or Walmart and in aggregate the $99 pays for itself (like the Costco $55 membership). But you can't just willy-nilly buy it all from Amazon - some things are definitely...
by new2bogle
Mon Jul 24, 2017 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Another bay area housing thread..
Replies: 132
Views: 10846

Re: Another bay area housing thread..

OP, which part of bay area? Do schools matter?

You can get something in a nice area of San Jose for $1.5 mil and even less.
by new2bogle
Mon Jul 24, 2017 10:45 am
Forum: Personal Consumer Issues
Topic: Is Amazon Prime worth it?
Replies: 128
Views: 8888

Re: Is Amazon Prime worth it?

It's worth it just for diapers. Like Costco, if you price shop then Amazon will have things regularly that are cheaper than Target or Walmart and in aggregate the $99 pays for itself (like the Costco $55 membership). But you can't just willy-nilly buy it all from Amazon - some things are definitely ...
by new2bogle
Mon Jul 24, 2017 10:33 am
Forum: Personal Finance (Not Investing)
Topic: PMI - Why So Much Hate? [Private Mortgage Insurance]
Replies: 13
Views: 1360

Re: PMI - Why So Much Hate?

I had PMI for over several years and didn't regret it - it got us into a the house we wanted in an upwards rising market (in 2006). For me, it was ~$70/month, which I thought was cheap and let me keep some money in the bank when we were younger. In general, I think one should not pay PMI, but indivi...
by new2bogle
Fri Jul 21, 2017 2:16 pm
Forum: Personal Consumer Issues
Topic: car rental at OGG, any opinions?
Replies: 30
Views: 1645

Re: car rental at OGG, any opinions?

It's been way too long since my last trip to Maui (or Hawaii in general) but I rented from Dollar at OGG. Very good experience, somehow I was given the choice to upgrade to a convertible or SUV for the price of my economy reservation (chose the SUV). No problems returning with bogus damage claims.
by new2bogle
Fri Jul 21, 2017 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Lexus to Camry, invest difference
Replies: 30
Views: 2750

Re: Lexus to Camry, invest difference

What model lexus? I might be interesting in buying it from you...
by new2bogle
Fri Jul 21, 2017 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Is there any reason not to? [4% Checking]
Replies: 36
Views: 3822

Re: Is there any reason not to? [4% Checking]

$600 per year is not worth it. Pick up a weekend side job for a few weekends and you've made your $600.
by new2bogle
Thu Jul 20, 2017 1:23 pm
Forum: Personal Consumer Issues
Topic: Homeowners Insurance Claim - Contents - Item Replacement
Replies: 8
Views: 420

Re: Homeowners Insurance Claim - Contents - Item Replacement

The money is yours to do with as you please - you made a valid claim for something that was covered. That 1 month old TV can break down in another month or two (it could (or could not) have drastically reduced lifespan based on a surge). If I were you, I'd keep the new TV and the sell the old on cra...
by new2bogle
Thu Jul 20, 2017 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Why has anyone not capitalized on this?
Replies: 10
Views: 2273

Re: Why has anyone not capitalized on this?

Iliketoridemybike wrote:I had it in high school back in the early '80's.


Me too in the late 90s, it was called "Personal Finance" but really only taught about balancing a checkbook and making a budget.
by new2bogle
Thu Jul 20, 2017 12:54 pm
Forum: Personal Consumer Issues
Topic: Cheap eggs... how bad?
Replies: 82
Views: 6523

Re: Cheap eggs... how bad?

There is a difference, but you won't see it between grocery chains. We live in a town with lots of family farms, once in a while for a treat my wife will get eggs from the local farmer... around $2-$4 a dozen. The yolks are not yellow, they are dark orange. And the flavor is so different grocery st...
by new2bogle
Thu Jul 20, 2017 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Finance Milestone: 20 Times Annual Expense
Replies: 95
Views: 8852

Re: Personal Finance Milestone: 20 Times Annual Expense

Congrats KF :sharebeer

I've always enjoyed your posts and perspective.
by new2bogle
Thu Jul 20, 2017 11:53 am
Forum: Personal Consumer Issues
Topic: Keurig vs coffeemaker - and the Keurig won
Replies: 53
Views: 3780

Re: Keurig vs coffeemaker - and the Keurig won

DH *wanted* to like the Keurig, for convenience. But the Keurig (he tried two models) didn't get the water hot enough, and this was starting with room temperature bottled water, in case cold winter tap water might have been the culprit. So he finally tried a Nespresso, and that hit the spot. He end...
by new2bogle
Wed Jul 19, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Those Of You In a HCOLA - What's Your Financial Plan
Replies: 68
Views: 7005

Re: Those Of You In a HCOLA - What's Your Financial Plan

I used to live in the bay area and my household income was easily 1.5x yours. My financial plan was to move out and I did.
by new2bogle
Wed Jul 19, 2017 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation and Subspecialties
Replies: 53
Views: 4489

Re: Physician Compensation and Subspecialties

What kind of apartment are you getting in NYC for $600/month?
by new2bogle
Wed Jul 19, 2017 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Physician Compensation and Subspecialties
Replies: 53
Views: 4489

Re: Physician Compensation and Subspecialties

I am not a physician but have 4 family members who are. $190k is not worth it. One of my siblings is an allergy specialist making closer to $300k (12 years in) in a much lower CoL area. Have you looked into going to Wall St? (not joking: I know of 2 MDs from my hometown who did that and are now wort...
by new2bogle
Wed Jul 19, 2017 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Exchanging FLTMX for VTEB in taxable Fidelity account
Replies: 9
Views: 334

Re: Exchanging FLTMX for VTEB in taxable Fidelity account

You will likely get more help if you include the fund names in your post. Don't I have them in there already? Moving my FLTMX into VTEB. Those are tickers, not fund names. Some people will not bother to look them up meaning that you may get fewer replies. I see what you mean. Thanks for the info fo...
by new2bogle
Wed Jul 19, 2017 11:32 am
Forum: Personal Finance (Not Investing)
Topic: Looking for a house around San Jose, CA
Replies: 18
Views: 1814

Re: Looking for a house around San Jose, CA

East San Jose is not all ghetto... Neither is South San Jose. Someone mentioned Evergreen, very nice area (I used to live there) with excellent top notch schools. All around there, Silver Creek area, is very nice, with great schools. Mind the commute going into work though if you work in Santa Clara...
by new2bogle
Wed Jul 19, 2017 11:25 am
Forum: Personal Consumer Issues
Topic: Indoor activities for a 3-year-old
Replies: 61
Views: 3005

Re: Indoor activities for a 3-year-old

I know this wasn't your original question, but we try to hit the outdoors as much as the weather permits. Big focus on swimming this summer. We also go hiking (wears them out). Sidewalk chalk, riding bikes, playing any game with a ball, etc.. Around here it's 100F+ most summer days so unfortunately...
by new2bogle
Wed Jul 19, 2017 11:23 am
Forum: Personal Consumer Issues
Topic: Indoor activities for a 3-year-old
Replies: 61
Views: 3005

Re: Indoor activities for a 3-year-old

My son really liked Thomas when he was 3. We would build large, elaborate train tracks with the wooden tracks. It was also engaging for me. I did this with my son when he was between 2-4. Built huge railways with multiple motorized engines, then I'd put my iphone on one of the engines and take vide...
by new2bogle
Wed Jul 19, 2017 11:20 am
Forum: Personal Finance (Not Investing)
Topic: 2008 auto carry collision with 1K deductible?
Replies: 9
Views: 628

Re: 2008 auto carry collision with 1K deductible?

(1) If you rent cars often, what is your plan for insuring the rentals if you drop personal collision? This is where having a signature Visa with primary rental car insurance comes in really handy, many credit cards claim they insure rental cars but a lot of them are secondary insurance which means...