Search found 173 matches

by noco-hawkeye
Sun Jul 23, 2017 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: What's your personal savings rate?
Replies: 75
Views: 5206

Re: What's your personal savings rate?

The more I read this, the more I think that the savings rate used in this thread could be improved.

What I think would be more insightful is how much do you save compared to your annual expenses, or maybe your expected expenses during retirement. Thoughts or reaction?
by noco-hawkeye
Thu Jul 20, 2017 3:10 pm
Forum: Personal Consumer Issues
Topic: Investing well for Retirement can be frustrating
Replies: 52
Views: 3544

Re: Investing well for Retirement can be frustrating

Retire 10 years before them. No price can be placed on 10 years. :moneybag Exactly. I was out at 55. All the folks with expensive cars, oversized houses, boats etc. continued to work for years. I have a friend with some newer / nicer / more expensive cars. Very similar to the first post. This same ...
by noco-hawkeye
Mon Jul 17, 2017 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Thinking out loud
Replies: 30
Views: 3231

Re: Thinking out loud

I think it helps to try to view both the possible upside of more equities, and also the possible risk. Below is a chart I am stealing from fidelity: https://www.fidelity.com/bin-public/060_www_fidelity_com/images/Viewpoints/II/pros_guide_chart3.jpg You really need to look at both sides of the equati...
by noco-hawkeye
Thu Jul 13, 2017 2:20 pm
Forum: Investing - Theory, News & General
Topic: Article: Get diploma, FT job and spouse - then have kids
Replies: 4
Views: 739

Re: Article: Get diploma, FT job and spouse - then have kids

It's actionable to parents, to illustrate this information to their kids. I found it helpful - thanks OP!
by noco-hawkeye
Wed Jul 12, 2017 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: What to do after maxing out Roth IRA?
Replies: 9
Views: 2352

Re: What to do after maxing out Roth IRA?

but it seems like ~50% of my money in an emergency fund is too much. It's 50% today, but your emergency fund isn't a percentage of your portfolio. It's a fixed amount. As your portfolio grows, it will become a smaller percentage. I agree that you should build up a good emergency fund, if possible. ...
by noco-hawkeye
Mon Jul 10, 2017 3:00 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's advice on investing?
Replies: 57
Views: 4373

Re: Dave Ramsey's advice on investing?

... Ramsey also consistently seem to talk about investing being "complicated". Bogleheads says investing can be simple with index funds and such.... Investing 20% of your pay in a collection of 3 index funds is simple. It's not easy for most, but it IS simple. If you do this (and are not ...
by noco-hawkeye
Thu Jul 06, 2017 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: When should I exercise my incentive stock options?
Replies: 34
Views: 2298

Re: When should I exercise my incentive stock options?

lowndes wrote:The risk of holding the stock would not be worth it to me. I'd sell the stock upon exercise.


Me too. Take the money and run (and pay more taxes). At least you will have choices at that point, and you won't have to worry about these options and your job heading south at the same time.
by noco-hawkeye
Sat Jul 01, 2017 10:39 pm
Forum: Investing - Theory, News & General
Topic: would you take a new mortgage to invest in stock market?
Replies: 30
Views: 2658

Re: would you take a new mortgage to invest in stock market?

I want to thank OP for this question. I've been hesitating on some money to pay off our mortgage, and framing the situation through this light helps. I've heard variations on this point of view, but this is a great reminder for me. Obviously my answer is no - I would not take out any sort of loan to...
by noco-hawkeye
Mon Jun 26, 2017 9:42 pm
Forum: Investing - Theory, News & General
Topic: Q&A WITH JACK BOGLE - Got a Question for Jack?
Replies: 28
Views: 4364

Re: Q&A WITH JACK BOGLE - Got a Question for Jack?

I'd be interested in what his views are, when he looks at his life long accomplishments. Does he ever sit back and realize how many people he has impacted, for the better? How much he has impacted the investment industry? These impacts are huge, and I wonder what it must be like to contemplate his a...
by noco-hawkeye
Sun Jun 18, 2017 8:03 am
Forum: Personal Consumer Issues
Topic: Exterior Home Improvements - Order of Operations?
Replies: 10
Views: 1164

Re: Exterior Home Improvements - Order of Operations?

There are some shortcuts that might help you in your list too- ⋅ Solar powered landscape lights are fairly inexpensive, and you do not need to run conduit or dig up your yard. You won't have any new electrical outlets, but you will have some new lighting. ⋅ I am currently adding ...
by noco-hawkeye
Fri Jun 16, 2017 9:05 pm
Forum: Personal Consumer Issues
Topic: Happy Fathers Day - got me a used Weber grill!
Replies: 26
Views: 2560

Re: Happy Fathers Day - got me a used Weber grill!

My Weber won't die! I've thought about smokers and other different options, but my Weber just keeps on ticking. I think you made a nice move.

Congrats! :sharebeer
by noco-hawkeye
Wed Jun 14, 2017 9:42 pm
Forum: Personal Consumer Issues
Topic: Cooktop died, not repairable, need recommendations
Replies: 36
Views: 1963

Re: Cooktop died, not repairable, need recommendations

We are about 1 yr into a bosch induction, and it's worked very well for us. I think the only options we would consider are gas and induction at this point - and I'm not sure gas really has much of an advantage (if at all). We've got kids in our house, so the ease of cleaning induction is certainly ...
by noco-hawkeye
Wed Jun 14, 2017 9:19 pm
Forum: Personal Consumer Issues
Topic: Cooktop died, not repairable, need recommendations
Replies: 36
Views: 1963

Re: Cooktop died, not repairable, need recommendations

We are about 1 yr into a bosch induction, and it's worked very well for us. I think the only options we would consider are gas and induction at this point - and I'm not sure gas really has much of an advantage (if at all). We've got kids in our house, so the ease of cleaning induction is certainly a...
by noco-hawkeye
Tue Jun 13, 2017 6:31 pm
Forum: Personal Consumer Issues
Topic: How many tech devices do you have?
Replies: 75
Views: 3459

Re: How many tech devices do you have?

35 devices in my routers dhcp table. So if maybe 5 of them are guests.... 30 devices?

A family of 4.
by noco-hawkeye
Tue Jun 13, 2017 7:11 am
Forum: Personal Finance (Not Investing)
Topic: Was it unprofessional for the HR manager to ask for my salary history in front of a peer at a job interview?
Replies: 74
Views: 7350

Re: Was it unprofessional for the HR manager to ask for my salary history in front of a peer at a job interview?

It is never in your best interest to answer this question. I answer this by saying "I'd like to find out more about the job before I can value what I think it is worth. Since this is important to you, you must have a salary range already in mind. Could you provide this range to me?" If the...
by noco-hawkeye
Sat Jun 10, 2017 5:54 pm
Forum: Personal Consumer Issues
Topic: Should I drink or sell my Pappy 12 year?
Replies: 65
Views: 7253

Re: Should I drink or sell my Pappy 12 year?

I'd save it as well. Tastes can change a bit too. Who's to say you might not eventually like it or be more of a bourbon fan?

I'm an Islay fan, but I can certainly appreciate a glass of Pappy on occasion.
by noco-hawkeye
Sun May 28, 2017 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Not Another Payoff The Mortgage Thread....
Replies: 38
Views: 4150

Re: Not Another Payoff The Mortgage Thread....

I'm in a similar situation. I have the money to pay off the mortgage, but I am unsure if I really want to pull the trigger. Here is one thing that I cannot let go of - What if I take this money, place it in the market - and it drops by 40%! I would not be happy with myself, even though my entire por...
by noco-hawkeye
Sun May 28, 2017 6:01 pm
Forum: Personal Finance (Not Investing)
Topic: Not Another Payoff The Mortgage Thread....
Replies: 38
Views: 4150

Re: Not Another Payoff The Mortgage Thread....

... Depending on your age, income, mortgage balance and cash savings I think if you are under 45 and the mortgage is less than 100k then I would pay it off (I did just that). If it is more than 100k then you may want to invest it. ... Why does 100k make a difference? The amount should not really be...
by noco-hawkeye
Fri May 19, 2017 7:41 am
Forum: Investing - Help with Personal Investments
Topic: I am a huge believer in Passive Indexing.. but.....
Replies: 42
Views: 3393

Re: I am a huge believer in Passive Indexing.. but.....

You bought shares in customer companies? Be careful here Why? My thought process was if they were smart enough to hire me .. they must be good?? The concern is what happens when these companies have a downturn? They let you go, *and* the stock might go down. This is very similar to people would buy...
by noco-hawkeye
Fri Apr 28, 2017 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: When does it make sense to start paying down (or off) a low rate mortgage?
Replies: 53
Views: 5659

Re: When does it make sense to start paying down (or off) a low rate mortgage?

I realize not everyone sees debt in the same way. Someone with a 200k mortgage and a 7M portfolio might see it as a non issue. In my mind, I wonder - "why do you have that mortgage at all?". Others see it as negligible risk/obligation compared to their huge assets. I have a friend that has...
by noco-hawkeye
Wed Apr 26, 2017 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: When does it make sense to start paying down (or off) a low rate mortgage?
Replies: 53
Views: 5659

Re: When does it make sense to start paying down (or off) a low rate mortgage?

I had a related post, and I think #1 and #2 certainly have some impact. If you've found that you are mostly financially independent, but still have a mortgage - then you really aren't independent.
by noco-hawkeye
Thu Apr 20, 2017 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Looking to payoff mortgage
Replies: 4
Views: 748

Re: Looking to payoff mortgage

The 14 year old and 10 year old do not have to have the same 529/college funds at this point. Will the amount just cover your mortgage or any left over to pad the oldest's 529 a bit? We have a bit more in the 14yr old's account, but they are pretty similar. Yes, we could load up one or the others a...
by noco-hawkeye
Thu Apr 20, 2017 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Looking to payoff mortgage
Replies: 4
Views: 748

Looking to payoff mortgage

I am posting this partly looking for feedback, but also I am fairly sure on what steps I will take next. Maybe someone has a point of view or an idea that I have not thought of yet - but here goes.... Background info: Married couple, two kids (14 and 10). Both parents are working, in their early 40s...
by noco-hawkeye
Thu Apr 20, 2017 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Recast vs. Investing vs. ??
Replies: 14
Views: 1197

Re: Mortgage Recast vs. Investing vs. ??

I don't think we have enough information to really give you a great answer. However, I did notice something that doesn't look right to me. You said: If I made a lump sum payment of $100k towards my principle, my mortgage would be reduced by $500/mo Unless you refinance the loan, the monthly payment...
by noco-hawkeye
Tue Apr 18, 2017 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance to 15 Yr Mortgage
Replies: 12
Views: 1640

Re: Refinance to 15 Yr Mortgage

If you are expecting kids in the near future, I would be hesitant to give up too much flexibility. So maybe doing this (refinancing) after you have kids, and for now just pay extra / more to get the same result. I would avoid taking a heloc just for refinancing. The "extra" money mentioned...
by noco-hawkeye
Sun Apr 16, 2017 8:00 am
Forum: Investing - Help with Personal Investments
Topic: Why would anyone want to buy bond funds?
Replies: 92
Views: 9773

Re: Why would anyone want to buy bond funds?

After an 8 year bull market, people seem to forget that stocks go down. Sometimes down a lot. Bingo. I see more and more of this on posts. I think people are starting to use the 8 yr run as proof that things will never change. If you can recall the market corrections after the dot-com bust or the l...
by noco-hawkeye
Wed Mar 22, 2017 8:30 pm
Forum: Personal Consumer Issues
Topic: Kitchen island
Replies: 43
Views: 2632

Re: Kitchen island

min 44" walkway around island for me. More the better for appliance moving. I agree. We have a 44 on one aisle, something like 50 on another. You need to be able to get two people in the aisle (to pass one another), and also allow one of the persons to have the fridge open etc. 44 is just bare...
by noco-hawkeye
Wed Mar 08, 2017 6:12 pm
Forum: Personal Finance (Not Investing)
Topic: Multiple job offers
Replies: 36
Views: 3231

Re: Multiple job offers

I'd either take firm B, or talk to firm A's HR department and tell then you feel like you need to take firm B's offer (in the hopes of getting A to match B). If firm B offered you 50k more, it would be a no brainer to switch - right? During the interview process there is only one person on your side...
by noco-hawkeye
Mon Mar 06, 2017 10:49 am
Forum: Personal Consumer Issues
Topic: Advice on relocation or staying put
Replies: 83
Views: 6155

Re: Advice on relocation or staying put

If you work in tech, I think it is not uncommon to find a new job where they would pay for a good amount of relocation fees. You would be obligated to stay in such a job for a year or two, but it would certainly help the financial aspects.

Good luck!
by noco-hawkeye
Fri Jan 27, 2017 9:04 pm
Forum: Personal Consumer Issues
Topic: Refusing to sign or altering hospital billing admission forms?
Replies: 79
Views: 6388

Re: Refusing to sign or altering hospital billing admission forms?

Is anyone (doctors or patients) happy with how things are in this country? I don't think anyone is happy. I know this forum attracts a lot of doctors, and they certainly deserve to make a good living. I see many defend their livelihoods very well on this forum. My experience is that it's broken, an...
by noco-hawkeye
Sun Jan 22, 2017 5:00 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Charges vs Contract Price - Non Covered Work
Replies: 83
Views: 3995

Re: Medical Charges vs Contract Price - Non Covered Work

You chose a health plan that didn't cover the visits. You chose to save money on monthly premiums. That's all fine. As you chose your plan, you are responsible for the full fee. This is especially difficult for you as the physician is otherwise in-network. Negotiating your price is more difficult n...
by noco-hawkeye
Sun Jan 22, 2017 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Medical Charges vs Contract Price - Non Covered Work
Replies: 83
Views: 3995

Re: Medical Charges vs Contract Price - Non Covered Work

For the questions above, I pulled 50$ / visit out of the air as that is the rate the insurance company has negotiated. Do doctors end up losing money on every single insurance patient? I am not saying 50$ is a magic number, and it is clearly pulled out of the air on my part with the anecdotal inform...
by noco-hawkeye
Sat Jan 21, 2017 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Charges vs Contract Price - Non Covered Work
Replies: 83
Views: 3995

Re: Medical Charges vs Contract Price - Non Covered Work

The medical system is so messed up in the US, it's beyond frustrating. I think 50$ / visit is reasonable to me. You can not justify this as "the doctor needs an office, a front desk, insurance for XYZ". If the doctor has too many expenses, thats their problem. You should have a say in the ...
by noco-hawkeye
Fri Jan 20, 2017 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Where to get $100k for home remodel?
Replies: 34
Views: 4009

Re: Where to get $100k for home remodel?

Am I reading between the lines - you could save 100k within an 18 month period? 18 months seems like not that long to wait, if so. I'd say try to save up for a bit, and take a heloc for any remaining amount. So maybe pay it something like 50/50 for out of pocket saving and a heloc? At the beginning ...
by noco-hawkeye
Sun Jan 15, 2017 5:46 pm
Forum: Investing - Help with Personal Investments
Topic: How to politely fire my financial advisor
Replies: 66
Views: 7505

Re: How to politely fire my financial advisor

winstonfoot5 - When I moved into Vanguard, the reps I came across were helpful and competent. The one piece of advice I would have is to try to move your account, and do not try to perform a bunch of sell/buys as part of the move. For example, maybe you have some loaded funds with high expense ratio...
by noco-hawkeye
Sun Jan 15, 2017 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on Retirement Savings
Replies: 9
Views: 725

Re: Advice on Retirement Savings

I know $15,000 will not be enough, but I have plenty of friends from whom I can borrow around another $10,000 and return it back within 6 months. This does not sit well with me, at all. You already have a chunk of debt that doesn't seem to be a high priority for you. If I was your friend, why would...
by noco-hawkeye
Tue Jan 10, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: How to politely fire my financial advisor
Replies: 66
Views: 7505

Re: How to politely fire my financial advisor

I don't like having these discussions, because your advisor is going to try to sell you until the final transfer occurs. They might even become mad at you. Do you really care if they get offended / upset? I think the hand written note or email is best. I know when I've started a conversation like th...
by noco-hawkeye
Sun Jan 08, 2017 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Better to teach kids about investing with ETFs or individual stocks?
Replies: 19
Views: 1106

Re: Better to teach kids about investing with ETFs or individual stocks?

Dandy - I think it's still valuable to understand stocks and the concepts of a capital market first, before doing mutual funds. I don't know I'd have my kid buy stocks, but maybe setup some type of fake portfolio, and track it for 6 months? I know Junior Achievement did this with us in school, and h...
by noco-hawkeye
Sun Jan 08, 2017 9:53 am
Forum: Investing - Help with Personal Investments
Topic: What would you do with $400K cash plus almost a million in stocks?
Replies: 14
Views: 3282

Re: What would you do with $400K cash plus almost a million in stocks?

It sounds like you are in really great shape right now. I hope you take a moment to appreciate where you are financially. I like to keep things simple, as such - Your critical things: ⋅  get an emergency fund setup. I think you technically have the cash for this in one form or another toda...
by noco-hawkeye
Fri Jan 06, 2017 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Annual Vacation Budget
Replies: 320
Views: 26840

Re: Annual Vacation Budget

I think 5%-10% of income would provide some nice vacations, and what we would consider a nice year. Some years we are less. If I can find flights, lodging, and car (if needed), I like to use $1k per person per week as a good point of reference. You can probably find an all inclusive in Mexico for th...
by noco-hawkeye
Mon Jan 02, 2017 12:00 pm
Forum: Personal Finance (Not Investing)
Topic: Your Retirement Number, or, calculating the funding ratio
Replies: 196
Views: 26281

Re: Your Retirement Number, or, calculating the funding ratio

I think what many on this thread are saying is that the ratio is an extra level / number that may or may not be needed. If I see my projected income in retirement is 60k, and right now I am spending 80k.... then I know that I will need to spend less in retirement or work more etc. Yes you can also s...
by noco-hawkeye
Thu Dec 29, 2016 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage recast strategy - Feedback needed
Replies: 54
Views: 5401

Re: Mortgage recast strategy - Feedback needed

I thought there is a limit to the number of recasts you can do. I thought I read that my mortgage might only allow one recast, but I'm not sure. (I'm sure each mortgage might have a different policy too) Doing this so frequently you should double check that they will allow this. I have not done the ...
by noco-hawkeye
Thu Dec 29, 2016 5:49 pm
Forum: Investing - Help with Personal Investments
Topic: Time to break the analysis paralysis
Replies: 12
Views: 1956

Re: Time to break the analysis paralysis

The number one thing I see is that you need more emergency savings. I would place this as something with high priority. Secondarily, I'd try to raise the 401k contributions unless you are already contributing > 20% into them. I've had to rebalance this year, in a similar boat to you in that stocks h...
by noco-hawkeye
Sat Dec 17, 2016 10:00 am
Forum: Personal Consumer Issues
Topic: Disney World vacation recommendations
Replies: 10
Views: 1199

Re: Disney World vacation recommendations

I agree with much of what welldone said - ⋅  stay on property. It is a bit more expensive, but the superior transportation system disney has, the expanded hours for these guests, and the general quality of the disney resorts is worth it in my opinion. ⋅  If you can, try to plan o...
by noco-hawkeye
Mon Dec 12, 2016 7:49 pm
Forum: Investing - Help with Personal Investments
Topic: What % of your net income do you save (not including 401k/IRA)
Replies: 59
Views: 5392

Re: What % of your net income do you save (not including 401k/IRA)

This question is not going to have very useful answers I would think, for example - If someone makes 75k / year, they max out their 401k and Roth - they are saving 23.5 / year - almost 33% of gross income, but maybe 0% saved otherwise. In addition, this person will have a good chunk likely covered b...
by noco-hawkeye
Mon Dec 12, 2016 7:42 pm
Forum: Personal Consumer Issues
Topic: TrueCar Quote Question
Replies: 5
Views: 804

Re: TrueCar Quote Question

We took true car numbers into a dealership with the numbers we expected, offered it to them, then got ready to walk away when they could not match the numbers..... then *poof* ! They matched the numbers. Just take some aggressive (but not unreasonable) numbers into the dealership, offer them, and th...
by noco-hawkeye
Tue Dec 06, 2016 10:28 pm
Forum: Investing - Theory, News & General
Topic: Morgan Housel on public companies, ceo, etc
Replies: 4
Views: 507

Re: Morgan Housel on public companies, ceo, etc

It's definitely fun to think about, and the ratio you bring up is a good one - AlohaJoe (proportion of GDP produced by public versus private companies over time).
by noco-hawkeye
Mon Dec 05, 2016 7:31 pm
Forum: Investing - Theory, News & General
Topic: Morgan Housel on public companies, ceo, etc
Replies: 4
Views: 507

Morgan Housel on public companies, ceo, etc

I think there are others who find Morgan Housel to be insightful, and has an interesting read - Since 1975: US population: +50% Real GDP: 3x Number of publicly traded co's: -21% https://twitter.com/morganhousel/status/805924418610405376 It's really quite stunning, some of the numbers he brings up. C...
by noco-hawkeye
Sat Dec 03, 2016 9:33 am
Forum: Investing - Help with Personal Investments
Topic: 401k Opinion With Ascensus
Replies: 10
Views: 987

Re: 401k Opinion With Ascensus

I would also pass along feedback to your HR team that those funds are not a great selection. I think HR / benefits people would appreciate to hear guidance and that what funds they choose makes a big difference in people's lives. I'd think many companies should be able to keep expenses below 0.5% on...
by noco-hawkeye
Sat Dec 03, 2016 9:28 am
Forum: Personal Consumer Issues
Topic: Need advice on a ski location
Replies: 28
Views: 3079

Re: Need advice on a ski location

I would consider Steamboat Co as well. It is a very large resort, and is less crowded than some of Colorado's I-70 resorts like Vail / Summit County etc. You can fly into Steamboat, it is large, crowds are usually not terrible, and it would be $$$ less than Aspen and some others. (though it will sti...

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