Search found 155 matches

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: 3110

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: 5363

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: 5363

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: 702

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: 702

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: 1140

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: 1542

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: 9394

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: 2382

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: 2934

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: 5808

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: 6163

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: 3767

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: 3767

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: 3767

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: 3881

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: 7230

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: 690

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: 7230

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: 1055

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: 3213

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: 25551

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: 191
Views: 24247

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: 5111

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: 1886

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: 1138

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: 5161

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: 780

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: 481

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: 481

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: 900

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: 2959

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...
by noco-hawkeye
Sat Dec 03, 2016 8:12 am
Forum: Personal Consumer Issues
Topic: High End Routers vs Mesh Network?
Replies: 8
Views: 3191

Re: High End Routers vs Mesh Network?

Many / most all newer routers have the ability to auto select a new channel. This has been a common feature for some time. If you are using the 2Ghz channels (which would be wifi G and some wifi N setups), then essentially you have 3 channels that will not overlap other channels - 1,6, and 11 (iirc)...
by noco-hawkeye
Thu Nov 17, 2016 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Using an HSA for Canadian RX
Replies: 10
Views: 778

Re: Using an HSA for Canadian RX

Yes, technically this has some questionable legal issues. I think the IRS (or any other agencies) do not enforce these aspects. If I recall correctly there have been some efforts to make this all legal and allowed, as well. I think there is lax enforcement just as there is a lax attitude of addressi...
by noco-hawkeye
Thu Nov 17, 2016 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Using an HSA for Canadian RX
Replies: 10
Views: 778

Re: Using an HSA for Canadian RX

Nevermind that I could also use a mail order Canadian pharmacy, being even cheaper :wink: I think google maybe led me astray, but reading one site (https://www.opm.gov/healthcare-insurance/healthcare/health-savings-accounts/frequently-asked-questions/) said: Can I use my HSA to pay for medical servi...
by noco-hawkeye
Thu Nov 17, 2016 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Using an HSA for Canadian RX
Replies: 10
Views: 778

Using an HSA for Canadian RX

It looks like a HDHP / HSA is in my future next year, and will be the best option for me financially. Going through open enrollment again this year, I started looking at one of my high priced medications. This medicine will run me about $1,500 every 3 months (using the preferred mail order vendor an...
by noco-hawkeye
Thu Nov 17, 2016 5:20 pm
Forum: Personal Consumer Issues
Topic: Hardwood Floor - purchasing options
Replies: 25
Views: 2940

Re: Hardwood Floor - purchasing options

I think the big box stores might be ok if you are using pre-finished or laminate options. If you want finish on site, I would avoid the big box stores and find a flooring store or even a store that only does custom wood flooring. We've have good luck with laminate flooring when you have dogs / kids ...
by noco-hawkeye
Fri Nov 04, 2016 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: HSA contribution max per pay period
Replies: 23
Views: 2333

Re: HSA contribution max per pay period

One reason for front loading contributions is because the earnings are tax deferred and quite possibly ultimately tax-free. From the original post, it appeared that the OP wanted to withdraw the money from the HSA asap. I could see some high expenses early in the year, and would rather have money i...
by noco-hawkeye
Fri Nov 04, 2016 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: HSA contribution max per pay period
Replies: 23
Views: 2333

HSA contribution max per pay period

I am looking at moving to an HSA next year and had a question for those that might know.... Can I setup something like 2k$ of contributions for January, and try to max out my HSA early in the year? Is this commonly available, or are there limits? Perhaps this varies by plan, but I'd like to know wha...
by noco-hawkeye
Tue Oct 18, 2016 7:17 am
Forum: Investing - Help with Personal Investments
Topic: Buying house. Best mortgage option?
Replies: 22
Views: 2719

Re: Buying house. Best mortgage option?

Rates are higher because it's a jumbo construction loan. I could refinance in a year when building is complete, but interest rates will probably go up in the interim. I would try to look at lenders who might work with you on a refi later on. Some credit unions might waive some refinance fees if you...
by noco-hawkeye
Wed Oct 12, 2016 10:29 pm
Forum: Investing - Help with Personal Investments
Topic: Buying house. Best mortgage option?
Replies: 22
Views: 2719

Re: Buying house. Best mortgage option?

I think you might want to include a bit more info. Some things that come to mind are how long you expect to be in the house, emergency savings, other saving, etc. The info provided is a bit light to make any type of judgement. The rates look a touch high to me, but I don't have a frame of reference ...
by noco-hawkeye
Thu Oct 06, 2016 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: Concurrently buy/sell house
Replies: 21
Views: 2185

Re: Concurrently buy/sell house

I agree that contingency is going to be the best solution, from your point of view. Like others have said, this does not work well in a tight market. If you aren't able to work with contingency (or renting some middle housing), then you are stuck with either qualifying for 2 mortgages and maybe usin...
by noco-hawkeye
Thu Sep 29, 2016 7:24 am
Forum: Investing - Theory, News & General
Topic: Savings rate and sequence of returns risk
Replies: 8
Views: 930

Re: Savings rate and sequence of returns risk

... Work 5 years (save 20x), "retire" 20 years (sufficient to raise my kids) & then look at actuary tables for my expected remaining life. Work 1/5 the years of my remaining expected years. Retire again. If I outlive my money, work 3 months & retire for 9 months, repeat as necessa...
by noco-hawkeye
Sun Sep 25, 2016 7:02 pm
Forum: Investing - Theory, News & General
Topic: Financial planner: % of AUM plus commissions?
Replies: 21
Views: 1742

Re: Financial planner: % of AUM plus commissions?

Consider the 1% in this light.... A generally accepted starting point is that you can withdrawal 4% of your savings in retirement, as a very rough starting point. Let's say your friend did very well and saved up enough to retire on 100k / year. With this arrangement, your friend is agreeing to retir...
by noco-hawkeye
Mon Sep 12, 2016 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Lump Sum Bill Pay
Replies: 8
Views: 891

Re: Lump Sum Bill Pay

You'd want to count keeping the cash and investing it as a cash investment, like CDs, savings accounts etc. I don't think it is appropriate to invest this money in the market, because you know you will need it very soon. As such, you are looking at pretty pathetic returns. So I just pay it off right...
by noco-hawkeye
Sun Sep 11, 2016 8:25 am
Forum: Investing - Help with Personal Investments
Topic: About to retire.Seeking advice for setting up IRA
Replies: 20
Views: 1743

Re: About to retire.Seeking advice for setting up IRA

If you have read about people having problems with Vanguard, I would like to chime in as well - I have had various experiences with ETrade, AGEdwards, EdwardJones, Fidelity, and Thrivent. Vanguard is not the fastest or most aggressive brokerage on the block, but I do trust them and like how they wor...
by noco-hawkeye
Sat Sep 10, 2016 11:32 am
Forum: Investing - Help with Personal Investments
Topic: Buy and Hold as explained by Morgan Housel
Replies: 3
Views: 557

Re: Buy and Hold as explained by Morgan Housel

:sharebeer

I think Morgan is one of (if not) the best writers out there right now. He does a great job of cutting through the noise, talking in plain terms, and is well reasoned / thought out.
by noco-hawkeye
Tue Sep 06, 2016 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Prospective Employer Wants Salary History & Desired Salary
Replies: 265
Views: 21273

Re: Prospective Employer Wants Salary History & Desired Salary

I am reminded of a statement that goes something like this.... If you tell them your desired or current salary, and they reply with "oh, that is not a problem" - then you have sold yourself short. If you really feel like you need to provide a number, the goal is to provide a number that th...
by noco-hawkeye
Wed Aug 31, 2016 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: $50M+ - Need a sounding board/advice
Replies: 205
Views: 25101

Re: $50M+ - Need a sounding board/advice

I really appreciate all the responses asking for the 3 fund portfolio, vanguard balanced index, etc - the simple portfolios.

:sharebeer
by noco-hawkeye
Sun Aug 21, 2016 10:18 pm
Forum: Personal Consumer Issues
Topic: NAS or HTPC?
Replies: 18
Views: 1959

Re: NAS or HTPC?

I think I might be 1/2 a step ahead of you - the answer is neither! I used to have multiple htpc(s), and even more than one nas. I found it to be too much work & effort, and now I am down to one nas and using fireTv devices (with Kodi) (though a roku/appleTV would work fine for most people, too)...

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