Search found 226 matches

by noco-hawkeye
Sun Nov 19, 2017 10:22 am
Forum: Personal Consumer Issues
Topic: How much do you budget for vacation?
Replies: 61
Views: 2795

Re: How much do you budget for vacation?

This depends where you are going. The Caribbean / Mexico I think about 1,000-1,500 / person / week. Hawaii is more than that, and I'd think Europe and Hawaii would be in a similar ballpark. Disney amusement parks are probably in the higher end of the Caribbean / Mexico price range. You can do nation...
by noco-hawkeye
Sat Nov 18, 2017 10:57 pm
Forum: Personal Finance (Not Investing)
Topic: What we don't know
Replies: 42
Views: 2568

Re: What we don't know

Maybe view it like this - On average, a casino comes out ahead. Every once in a while, someone gets lucky and really takes them to the cleaners (maybe that is bitcoin right now, maybe not?). Investing in low cost index funds is like choosing to be the casino. Choosing ala carte stocks or high priced...
by noco-hawkeye
Sat Nov 18, 2017 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Looking to payoff mortgage
Replies: 15
Views: 2032

Re: Looking to payoff mortgage

I get the concerns about paying off a low rate on a mortgage. It's not something I did without first thinking about it first. If I had 10x expenses saved - then saving an extra 1-2x expenses is worth some marginal amount to me. If I have 20x expenses saved, then saving an extra 1-2x expenses is wort...
by noco-hawkeye
Sat Nov 18, 2017 9:20 am
Forum: Personal Consumer Issues
Topic: Water Heater Install $1,800!
Replies: 64
Views: 7788

Re: Water Heater Install $1,800!

My rule of thumb is contractors charge about the same amount as parts do. So a 600$ water heater would cost about $1200 to have installed. While $1800 seems high to me, I don't think it's outrageous. I replaced a 50Ga from home depot, was a highly rated unit. We've been very happy with it. If the co...
by noco-hawkeye
Sat Nov 18, 2017 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Looking to payoff mortgage
Replies: 15
Views: 2032

Re: Looking to payoff mortgage

Follow up for this thread - today the wife and I will go to the credit union and PAY OFF THE MORTGAGE! :sharebeer :beer This year has been a bit strange in that I've had a few different jobs. One of those jobs had a significant severance package this year, and I didn't want to make the final payment...
by noco-hawkeye
Fri Nov 17, 2017 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: To buy or not to buy...house buying question (budget)
Replies: 17
Views: 1590

Re: To buy or not to buy...house buying question (budget)

I read a recent article that this thread reminds me of - https://www.cnbc.com/2017/11/16/homeownership-doesnt-build-wealth-study-finds.html Essentially the article is saying that renting comes out ahead, if you end up saving the extra amount of money that you'd be saving vs buying. I'd guess most pe...
by noco-hawkeye
Thu Nov 16, 2017 10:04 pm
Forum: Personal Consumer Issues
Topic: Upgrading a flight - what are your rules?
Replies: 36
Views: 3283

Re: Upgrading a flight - what are your rules?

As stated in earlier post, we ended up upgrading the flight out there. Returning we are sticking with the cheaper seats. We are not the type to upgrade the entire family to business / first - but maybe that will happen when the kids are out of the house. Sometimes the plane makes a difference as wel...
by noco-hawkeye
Mon Nov 13, 2017 10:41 pm
Forum: Personal Consumer Issues
Topic: Upgrading a flight - what are your rules?
Replies: 36
Views: 3283

Re: Upgrading a flight - what are your rules?

The flight is Denver -> Hawaii. Going out there will be a long day, but we can manage. If we can sneak in 2hrs of a nap on the way out, that would be great (but I'm not planning on it). I also value getting there and being in a better mood and having that extra bit of space. Coming back we are alway...
by noco-hawkeye
Mon Nov 13, 2017 9:31 pm
Forum: Personal Consumer Issues
Topic: Upgrading a flight - what are your rules?
Replies: 36
Views: 3283

Upgrading a flight - what are your rules?

We've got a upcoming family trip, for four of us. On the way out, we have a single/direct 8 hr leg. On the way back, we have a 7hr redeye flight back. Right now we've got basic economy booked, and have the option to upgrade to econ plus. The fliers are 5'10", 5'6", and 2 fliers are 5'2" in height. T...
by noco-hawkeye
Sun Nov 12, 2017 9:06 am
Forum: Personal Finance (Not Investing)
Topic: HSA vs PPO Plan
Replies: 9
Views: 880

Re: HSA vs PPO Plan

First off, I think both your plans are better than my choices. Take some stock in that, for what its worth. I think the rules (or at least my rules) where HSA comes out ahead are this: You know / have high confidence you will spend a modest amount on health care during the next year. Especially if y...
by noco-hawkeye
Thu Nov 09, 2017 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Change Withholding in Anticipation of Marriage?
Replies: 4
Views: 395

Re: Change Withholding in Anticipation of Marriage?

solar99999 has a great point. What we've found is that when you have two earners is that withholding does not take out enough, and I think this is a pretty common problem with married people. We have to both claim zero dependents and have extra with held for our numbers to come out even.
by noco-hawkeye
Mon Nov 06, 2017 7:58 pm
Forum: Personal Consumer Issues
Topic: I Cut the Cord yesterday!
Replies: 51
Views: 4308

Re: I Cut the Cord yesterday!

We've saved maybe 1500 / year, and have cut the cord for nearly 10 years now? Thats something! Call your internet provider when your promo rates expire. Go straight into the line to cancel your service, and have a good idea what they are offering new customers. Thats about 500$ / year for us in bet...
by noco-hawkeye
Sun Nov 05, 2017 5:24 pm
Forum: Personal Consumer Issues
Topic: Home network question
Replies: 17
Views: 1162

Re: Home network question

If you are going to run a cable, I might look at fiber optic vs ethernet. There are a number of benefits to fiber vs ethernet - especially if you are going to share electric conduit.
by noco-hawkeye
Sun Nov 05, 2017 11:30 am
Forum: Investing - Theory, News & General
Topic: Bogleheads philosophy invades the NFL
Replies: 7
Views: 960

Bogleheads philosophy invades the NFL

I found this article very interesting: https://www.cnbc.com/2017/11/03/nfls-john-urschel-lived-on-25000-a-year-explains-how-to-save-money.html His salary was as high as $600,000 in 2016, but you wouldn't know it from his lifestyle: The offensive lineman, who drives a used Nissan Versa that he bought...
by noco-hawkeye
Thu Oct 26, 2017 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: International Returns this month
Replies: 19
Views: 1696

Re: International Returns this month

One month does not make a "change in tide". You'll only see the change in tide in hindsight, not ahead of time.
by noco-hawkeye
Mon Oct 23, 2017 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: negotiating a home purchase (price reduction v work done by seller)
Replies: 9
Views: 708

Re: negotiating a home purchase (price reduction v work done by seller)

The other advantage you get by doing it yourself - you get to make sure it turns out how you like it. The seller just wants to make sure things are "good enough".
by noco-hawkeye
Mon Oct 23, 2017 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: negotiating a home purchase (price reduction v work done by seller)
Replies: 9
Views: 708

Re: negotiating a home purchase (price reduction v work done by seller)

This is exactly what we did with our current home - we took on improvements in exchange for a lower price. The question / issue that would bother me would be - are the current issues something that are going to be contained and something you are comfortable taking on? You mentioned basement issues, ...
by noco-hawkeye
Fri Oct 20, 2017 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Need investment advice since wife became stay-at-home mom
Replies: 19
Views: 1801

Re: Need investment advice since wife became stay-at-home mom

collectionlawyer wrote:
Wed Oct 18, 2017 8:26 am
... So far, the transition has been a success from a lifestyle and budgeting perspective. ...
We did the same thing, and this was the most difficult thing for us. If you can do this, it's a very good sign. Keep it up! :sharebeer
by noco-hawkeye
Tue Oct 17, 2017 9:09 pm
Forum: Personal Consumer Issues
Topic: urgent battery pack recommendation for mac book pro
Replies: 10
Views: 538

Re: urgent battery pack recommendation for mac book pro

You might want to check your flight - many now have regular power outlets that might do what you need. Is there a 3rd party apple store around? (A store that focuses on Apple products, but not owned by Apple) They might be a bit more accommodating. I think your battery idea is going to be a hassle, ...
by noco-hawkeye
Mon Oct 16, 2017 7:27 am
Forum: Personal Finance (Not Investing)
Topic: HSA’s: What level of risk do you prefer?
Replies: 58
Views: 3908

Re: HSA’s: What level of risk do you prefer?

Don't you have to consider your out of pocket limits and the cash you typically keep on hand elsewhere? Consider someone who keeps an HSA 100% in equities, and the market is 50% down. This person has a large health care expense, and they need to spend maybe $5k out of pocket. If you are going to let...
by noco-hawkeye
Sat Oct 14, 2017 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: Help on simplifying my portfolio
Replies: 24
Views: 1584

Re: Help on simplifying my portfolio

Yes, I can rollover my old one to my current 401k; but the one thing that holding me back is the company stock fund that is available there. Its been a bad year, and would like to wait a little bit to re-balance before roiling over. I don't understand, please elaborate. I don't see how the company ...
by noco-hawkeye
Fri Oct 13, 2017 7:48 am
Forum: Personal Consumer Issues
Topic: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)
Replies: 53
Views: 3795

Re: First visit to Hawaii (flight, Amex Plat benefits, extend stay?)

We've been to Kauai a handful of times, and will be going again in 6 months. My $.02: 5 nights is not that much time, I would stay on one island. I'd stay on Kauai for up to maybe 10 or 11 nights before I started looking at two islands. You will eat up a chunk of time transferring to another island ...
by noco-hawkeye
Tue Oct 03, 2017 8:26 pm
Forum: Personal Consumer Issues
Topic: My first promotion without a pay increase
Replies: 47
Views: 5078

Re: My first promotion without a pay increase

I also work in IT, and have seen and experienced the same thing you are going through. It's very common. There are two types of people in this situation: Type 1 wants to keep income coming in, enjoys stability, and wants to progress in his current company. His employer knows this, and gives out smal...
by noco-hawkeye
Tue Oct 03, 2017 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on rolling over past 401ks
Replies: 2
Views: 445

Thoughts on rolling over past 401ks

I have taken a new job, and now am looking at my new 401k options - in addition to my (2) old 401ks from previous employers. My new 401k has vanguard target date funds as the default, and then also Vanguard Small Cap Index Fund Admiral Vanguard Mid Cap Index Fund Admiral Vanguard 500 Index Fund Admi...
by noco-hawkeye
Sun Oct 01, 2017 8:32 pm
Forum: Investing - Theory, News & General
Topic: $10 million+ - Still Working and LBYM
Replies: 162
Views: 16792

Re: $10 million+ - Still Working and LBYM

Hypothetically speaking if someone was part of the 3 comma club would you still recommend index funds? At that point you'd be paying 400k per year just to have your funds indexed. Might as well just buy stock at that point. How much would it cost to create your own index fund? You are going to reba...
by noco-hawkeye
Sun Oct 01, 2017 6:47 pm
Forum: Personal Finance (Not Investing)
Topic: Reach out to hiring manager directly on LinkedIn?
Replies: 52
Views: 3107

Re: Reach out to hiring manager directly on LinkedIn?

What are you going to reach out to them about? I'd start with something non material first and see if you get any response. I'd start by asking what they are looking for / what the need is. The manager should have a need and a pain point - this is why the job opening would exist. Managers that are ...
by noco-hawkeye
Sun Oct 01, 2017 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Reach out to hiring manager directly on LinkedIn?
Replies: 52
Views: 3107

Re: Reach out to hiring manager directly on LinkedIn?

Absolutely! Do whatever you can to have a conversation with the hiring manager, or someone close to the manager. Ask them what they are looking for, and try to understand their need. Start the conversation here, and see where it goes!

Good luck!
by noco-hawkeye
Fri Sep 29, 2017 7:48 am
Forum: Personal Finance (Not Investing)
Topic: How much liquid Cash to Keep in Savings
Replies: 35
Views: 4857

Re: How much liquid Cash to Keep in Savings

Jags4186 wrote:
Fri Sep 29, 2017 6:33 am
If you are generating 5% annually on your $40k you can even consider it as part of your bond portfolio and hold more equities in your investments.
If you are generating 5% on your emergency savings please let the rest of us know how you are pulling this one off. :wink:

:sharebeer
by noco-hawkeye
Wed Sep 27, 2017 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: My Smartest Financial Moves
Replies: 62
Views: 6134

Re: My Smartest Financial Moves

Didn't buy more house than we needed, went with 15yr mortgage, avoided cash out refinances etc.

Implemented a strict budget to LBYM, which eventually led me here.
by noco-hawkeye
Wed Sep 27, 2017 7:34 am
Forum: Personal Finance (Not Investing)
Topic: HELOC w/ low or no initial draw
Replies: 11
Views: 1062

Re: HELOC w/ low or no initial draw

My credit union provides a HELOC for no paperwork, free to open, up to 100k.

The problem is, there is a 50$ yearly maintenance fee with it. 50$ isn't the end of the world, but it is one of those things to understand at the outset and also take into account for the total cost of it.

Good luck!
by noco-hawkeye
Sun Sep 24, 2017 8:35 pm
Forum: Personal Consumer Issues
Topic: Thoughts on Barefoot/Minimalist Running
Replies: 55
Views: 4214

Re: Thoughts on Barefoot/Minimalist Running

Recently tried altra shoes, which can provide similar benefits as the barefoot runner might see - but with a full shoe: https://www.altrarunning.com/ Most notably 0 drop and a big toe box. I'm a neutral runner and coming from asic nimbus shoes, and have gone with a cushioned altra shoe as a mix of b...
by noco-hawkeye
Sun Sep 24, 2017 8:23 pm
Forum: Personal Consumer Issues
Topic: What is your favorite reasonably priced bourbon?
Replies: 95
Views: 6537

Re: What is your favorite reasonably priced bourbon?

... Which brings about a question. Does storing burboun in the fridge or even freezer hurt it? I know you are supposed to drink room temperature on ice but mixing it is better cold. I keep it room temperature, and drink it room temperature. I think adding some slight warmth is the best way to get i...
by noco-hawkeye
Fri Sep 15, 2017 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: To Refinance or not to Refinance
Replies: 17
Views: 1472

Re: To Refinance or not to Refinance

What would you do if you were in my shoes? Contact different lenders until you find one that that will refinance the whole balance. Your current lender has a lot of incentive for you to keep paying the high interest rate. Was there some reason that they said that they would only lend you that much?...
by noco-hawkeye
Fri Sep 15, 2017 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Having mortgage during retirement. Max retirement saving now
Replies: 19
Views: 1801

Re: Having mortgage during retirement. Max retirement saving now

In similar light as the sequence of returns issues - I see this as something that "depends" based upon where you are in your savings path. If you are 25 yrs old, I would max out your savings. You are mostly in stocks at this point, and have a long time to recover, and that money almost certainly wou...
by noco-hawkeye
Fri Sep 15, 2017 10:52 am
Forum: Personal Consumer Issues
Topic: "Luxury" Vinyl vs Laminate flooring?
Replies: 35
Views: 3026

Re: "Luxury" Vinyl vs Laminate flooring?

We had laminate floors twice, in two different houses. We also have kids and two dogs. The laminate floor works great if your current subfloor fairly rigid and you don't have too large of a single room to setup. If you are looking at 1000 sq ft of one single laminate layout, this can be problematic ...
by noco-hawkeye
Thu Sep 14, 2017 2:40 pm
Forum: Personal Consumer Issues
Topic: Raising/Eliminating a Drop Ceiling in a Basement
Replies: 6
Views: 583

Re: Raising/Eliminating a Drop Ceiling in a Basement

Are you sure you don't have any other renovations to do? If you wanted to move a water or drain line above, having the drop ceiling might be nice for easy access. I don't think 2k seems outrageous. How many square feet are we talking about? And would the contractor be doing any texture and final pai...
by noco-hawkeye
Mon Sep 11, 2017 7:36 am
Forum: Investing - Help with Personal Investments
Topic: Reasonable to adjust 401k allocation if you have a pension?
Replies: 20
Views: 2096

Re: Reasonable to adjust 401k allocation if you have a pension?

Small Nit:
I would not make any changes until the pension in vested /something more solid. If you change allocations today, and the market tanks tomorrow - you could be slightly out of whack.
by noco-hawkeye
Mon Sep 11, 2017 7:29 am
Forum: Personal Consumer Issues
Topic: Underlayment for hardwood floors
Replies: 31
Views: 2674

Re: Underlayment for hardwood floors

I thought felt underlayment was most common, and nailing most of it. Glue can be used for transitions / thresholds where nailing might be more visible or problematic.

Is the bottom side of the floor accessible? I've found adding insulation is an inexpensive way to reduce a lot of sound as well.
by noco-hawkeye
Thu Sep 07, 2017 8:11 am
Forum: Personal Consumer Issues
Topic: Vacation after minor hurricane?
Replies: 25
Views: 2068

Re: Vacation after minor hurricane?

We took a trip to the Caribbean and it happened to be right after a smaller hurricane. The airpot in San Juan was a mess, we ended up sleeping there one night due to so many flights and travelers being backed up. Once we got to our resort (by hiring a private charter plane with another stranded coup...
by noco-hawkeye
Wed Sep 06, 2017 9:45 am
Forum: Personal Finance (Not Investing)
Topic: What is the main purpose of holding your current job?
Replies: 66
Views: 5814

Re: What is the main purpose of holding your current job?

... For me, in 20 years, my feeling about my job changes from 1 to 4, currently at 3, almost reaches 4. I'd see this as a red flag. The closer I get to FI, the more I move up the chain closer and closer to 1. In looking at my next job, I will choose work life balance as a much higher priority than ...
by noco-hawkeye
Mon Sep 04, 2017 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Retention Bonus Question
Replies: 6
Views: 1103

Re: Retention Bonus Question

FWIW, in my field it's common for a bonus payback to be pro-rated based on time in the company. Is that not the case for you? I would call the bonus in this case a signing bonus. A retention bonus is more for someone who has been working a job for a while and is likely to leave. Even those retentio...
by noco-hawkeye
Thu Aug 31, 2017 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Retirement or Pay Off Debt?
Replies: 35
Views: 3222

Re: Retirement or Pay Off Debt?

The student loan debt is an irreversible expense already completed. It is a black hole in your net worth and your cash flow. You cannot return your education or sell it to get your money back. It is a permanent debt until it is removed. A car is a physical piece of property. Cars can be sold. A car...
by noco-hawkeye
Thu Aug 31, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Loan-to-Value Ratio Effect on Rate?
Replies: 4
Views: 376

Re: Mortgage Loan-to-Value Ratio Effect on Rate?

I can tell you that, at Wells Fargo, when we were doing the paperwork, there was a slight improvement in rate between 20% down and 25% down. But 30% down didn't change. So there was no difference between our planned 71% LTV and a potential 70% LTV. So the rates plateau at 25% down payment, at least...
by noco-hawkeye
Tue Aug 29, 2017 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: When to give resignation notice
Replies: 64
Views: 6751

Re: When to give resignation notice

Don't worry about what your current employer would do. If it was in their best interest to get rid of you they would. You need to be solely concerned about your bests interests. Be professional, get vested, give 3 months notice the after you are vested. It's just business. This is 100% spot on. Don...
by noco-hawkeye
Tue Aug 29, 2017 3:43 pm
Forum: Personal Finance (Not Investing)
Topic: how to calculate whether to pay off mortgage
Replies: 21
Views: 2516

Re: how to calculate whether to pay off mortgage

I've got money in savings that I will likely use to payoff the mortgage soon - but right now I am in a job transition. I've gone over this problem many times in my head too. Here is what I looked at - If I keep the mortgage, I will pay something like 3500 in interest this year. If I keep the money i...
by noco-hawkeye
Mon Aug 28, 2017 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Article on Savings - Are BHs the 1% ?
Replies: 23
Views: 3848

Article on Savings - Are BHs the 1% ?

I ran across an article from https://www.cnbc.com/2017/08/28/how-much-the-richest-americans-have-in-retirement-savings.html. Some of the numbers had me thinking about the numbers that we see on BH. According to the Economic Policy Institute (EPI), which looked at the state of American retirement in ...
by noco-hawkeye
Mon Aug 21, 2017 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Good Salary/No debt - not sure where to go from here
Replies: 7
Views: 1642

Re: Good Salary/No debt - not sure where to go from here

I don't understand how you will bring in 90k / year in retirement. This is from a business that you own, but would require zero effort to keep running - is that correct? Your savings would be behind where most people should be, especially if they are shooting to retire at 57 - so I am confused where...
by noco-hawkeye
Thu Aug 03, 2017 8:01 am
Forum: Investing - Help with Personal Investments
Topic: 250k in savings. need some advice and a kick in the butt
Replies: 31
Views: 3629

Re: 250k in savings. need some advice and a kick in the butt

I'm curious as to the small savings amount compared to the high income. You seem to have quite high spending. I agree. In addition to maxing out the 401ks, you should be looking at backdoor Roths as well. Even maxing both of these things out, you are around a savings rate of 17%. I'd consider this ...
by noco-hawkeye
Mon Jul 31, 2017 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: The age old debate 30 vs 15 [year mortgage rate]
Replies: 41
Views: 5180

Re: The age old debate 30 vs 15

If you know the duration will be this quick, what about ARM rates?
by noco-hawkeye
Fri Jul 28, 2017 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Savings rate: gross or net?
Replies: 56
Views: 3642

Re: Savings rate: gross or net?

nimo956 wrote: My personal opinion is to just save everything that you can until it hurts, and then back it off a little.
This is a great answer ^. +1