Search found 193 matches

by slow n steady
Tue Sep 06, 2016 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Wife's 403b - what am I missing?
Replies: 7
Views: 613

Re: Wife's 403b - what am I missing?

My wife diverts all of her income into a roth 403b. She doesn't get a paycheck and doesn't care about investing or saving. It's suprising she's still motivated to go to work. :D
by slow n steady
Tue Sep 06, 2016 10:50 am
Forum: Investing - Help with Personal Investments
Topic: What to do after we sell our house? (with the proceeds)
Replies: 16
Views: 1889

Re: What to do after we sell our house? (with the proceeds)

Hello hcj, Your husband will be contributing $18k per year into his 401k. You can both contribute $5500 per year into a Roth IRA. The backdoor Roth IRA that you are talking about only applies when your modified adjusted gross income gets above 193K per year if you file married filing jointly. I beli...
by slow n steady
Mon Aug 29, 2016 5:24 pm
Forum: Personal Consumer Issues
Topic: Do I need a real estate agent as a buyer?
Replies: 58
Views: 3381

Re: Do I need a real estate agent as a buyer?

I am in the middle of buying a townhome where I have done this. When looking at the place, I asked the realtor if she was open to the idea of crediting the buyers back 2% so I could offer a lower amount and they would get more money. The realtor also wins by getting 4%. It's working out so far.
by slow n steady
Mon Aug 29, 2016 4:46 pm
Forum: Personal Consumer Issues
Topic: Recommend a Prisoners' Rights Non-Profit?
Replies: 16
Views: 837

Re: Recommend a Prisoners' Rights Non-Profit?

I suggest filling out an application at your local prison. :D
That way you could get some real first hand experience and see what needs fixed.
by slow n steady
Wed Aug 10, 2016 2:24 pm
Forum: Investing - Help with Personal Investments
Topic: Close to retirement - please review
Replies: 17
Views: 2057

Re: Close to retirement - please review

You are doing very well and have obviously thought out what you need to be doing. Which account will you pull from for the upcoming lawsuit for username infringement? :twisted: I like the idea of changing your state of residence for a couple years to save on taxes, but you have enough money to stay ...
by slow n steady
Mon Aug 08, 2016 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Upgrading Home - Can we afford it?
Replies: 11
Views: 1711

Re: Upgrading Home - Can we afford it?

If you have made most of the money you have now by having large incomes and saving a large portion of those incomes, I'd say go for it. You will still be able to save a lot of money yearly.

If retiring at 45 is what you desire, I would hold off.
by slow n steady
Wed Jun 22, 2016 10:42 pm
Forum: Personal Consumer Issues
Topic: best wristwatch for the price
Replies: 87
Views: 4851

Re: best wristwatch for the price

Rolex Oyster Perpetual Datejust. You could probably get a pre-owned one for around $4,000-$5,000. Seriously? LOL. The OP said "inexpensive" and didn't mention a specific price range and to some people $5K is inexpensive (and it is compared to a $50,000 watch). Inexpensive is a subjective ...
by slow n steady
Fri May 20, 2016 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Reality check - how am I doing
Replies: 63
Views: 7544

Re: Reality check - how am I doing

Couple comments: 1) The folks taking vacations that I notice are school teachers (summer off, let's go to Hawaii and Disney Land this summer), unemployed constructions workers, and marketing employees for tourist attractions. I personally do not know doctors or attorneys or folks with multimillion ...
by slow n steady
Sun May 15, 2016 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: Am I on the right track for building dream house in LCOL area?
Replies: 14
Views: 1734

Re: Am I on the right track for building dream house in LCOL area?

Also, my opinion, no such thing as a dream house. It's just a house. People buy and sell "forever and dream" houses all the time. My wife and I bought and sold our first dream home. We almost sold our second dream home recently. We are under 30. $100k is a lot of money in a true LCOL. You...
by slow n steady
Sat Apr 30, 2016 9:48 pm
Forum: Personal Finance (Not Investing)
Topic: Student Loan vs. Emergency Fund
Replies: 8
Views: 855

Re: Student Loan vs. Emergency Fund

The fact that you've been going over a lot means that you're probably not totally comfortable with a 5K emergency loan. Keeping the 5K as an emergency fund would cost you about $55 over the next 2 months. Only you can decide if that is worth it to you or not. Personally, a few years ago I would have...
by slow n steady
Sat Mar 05, 2016 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Boglehead Awakening - Need A Little Guidance
Replies: 13
Views: 1586

Re: Boglehead Awakening - Need A Little Guidance

I like Target Retirement choice. :happy This. You can have the same Target Retirement fund in your 401k and IRA. Until you max your 401k (18k/year) and IRA, this is all you really need. Splitting your investments into different parts can be good practice for the future, but it won't really make you...
by slow n steady
Thu Feb 18, 2016 12:04 am
Forum: Personal Consumer Issues
Topic: should I give up on HP laptop - what next?
Replies: 40
Views: 2919

Re: should I give up on HP laptop - what next?

I have a couple windows laptops but for years now I have been using a Chromebook the majority of the time. Hassle free. http://ssl-product-images.www8-hp.com/digmedialib/prodimg/lowres/c04808585.png :happy I switched to a Toshiba Chromebook 2 (2014 version) and I love it. The 2015 version is even n...
by slow n steady
Sun Feb 07, 2016 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: When does it make sense to move part of your emergency fund into a Roth IRA. And which fund to put it in?
Replies: 9
Views: 1022

Re: When does it make sense to move part of your emergency fund into a Roth IRA. And which fund to put it in?

Now, on top of that the question becomes if we COULD be in the phaseout zone for 2016 ($183,000-$193,000) - again I won't know because my pay varies so much - is it safer just to do a backdoor ROTH to be safe? Or do we try and fund my 401k fully first? You can put the money in your IRA's until Apri...
by slow n steady
Mon Feb 01, 2016 2:49 pm
Forum: Personal Consumer Issues
Topic: Buy a TV Warranty?
Replies: 32
Views: 2179

Re: Buy a TV Warranty?

I almost never buy extended warranties because I think they are a rip off. A little over three years ago I bought a 65 inch TV from Walmart that had been used as a showroom TV. I decided to get a $89 three year warranty through squaretrade. A few months ago, I was watching TV with my BIL and we were...
by slow n steady
Mon Feb 01, 2016 2:38 pm
Forum: Personal Consumer Issues
Topic: Buy a bigger vehicle to grow into?
Replies: 28
Views: 2061

Re: Buy a bigger vehicle to grow into?

Three years ago my wife and I bought an SUV with a 3rd row because we were planning on starting to have kids. We also really wanted that third row for out of town guests and such. I really regret this purchase. There's nothing wrong with the SUV, we just could have saved $10K and bought a car. We ha...
by slow n steady
Tue Jan 26, 2016 1:55 am
Forum: Personal Finance (Not Investing)
Topic: Tax Strategy
Replies: 33
Views: 4088

Re: Tax Strategy

So as a follow up on the thread, I have been reading and learning about my taxes a bit more. I have changed my W-4 to withhold more and we have set up her 403b to reduce taxable income for 2016. Isn't it fun and empowering to start figuring out how taxes work? Upstream you said something about dedu...
by slow n steady
Tue Jan 26, 2016 1:36 am
Forum: Investing - Theory, News & General
Topic: At what point would you go from 70/30 to 100(stocks)/0(bonds) if you are in your late twenties
Replies: 48
Views: 3976

Re: At what point would you go from 70/30 to 100(stocks)/0(bonds) if you are in your late twenties

I'm 29 (30 in a week, pity me). I'm 80/20. My IPS says to throw a "bullet" defined as 5% of bonds at a 20% decline and 10% thereafter. So at a 20% drop I would rebalance to 85/15, then 90/10 at 30% down. 95/5 at 40% down. Finally I will rebalance every dime into stocks at 50% down. To ans...
by slow n steady
Sun Jan 24, 2016 2:32 pm
Forum: Personal Consumer Issues
Topic: Paying Power Bill with Credit - 2% Cash Back - $2 Fee
Replies: 3
Views: 482

Re: Paying Power Bill with Credit - 2% Cash Back - $2 Fee

I usually prepay $500 or so every few months. For me it's not just about earning a couple extra dollars of credit card rewards, but I'm usually trying to reach a minimum amount of spending on a new credit card (currently need to spend $4000 in the first 3 months of a Chase Sapphire Preferred for a ...
by slow n steady
Sat Jan 23, 2016 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Question about getting money into my work retirement accounts
Replies: 7
Views: 775

Re: Question about getting money into my work retirement accounts

We are doing the same thing right now. It will feel weird if you budget because you are spending more money than you are taking home but it is the right thing to do. I would leave the money in cash. I like to leave a certain amount in cash. I just filled up both of our IRA's from that cash and was p...
by slow n steady
Mon Jan 18, 2016 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Mint...working less, and less, and less
Replies: 42
Views: 7730

Re: Mint...working less, and less, and less

bs010101 wrote:I had that problem already several years ago. I switched to Personal Capital and haven't had any such problems.

I tried Personal Capital a couple of years ago and went back to Mint. I switched back to Personal Capital a couple of weeks ago and already deleted Mint.
by slow n steady
Wed Jan 13, 2016 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: How do I start budgeting?
Replies: 28
Views: 2560

Re: How do I start budgeting?

I use YNAB. There is a small learning curve to it but once you have it down, it's amazing for budgeting. I also use YNAB and like it. As a small precaution, YNAB has recently dramatically changed to a Mint like service with a monthly fee. I am trying it out and currently still like YNAB4 better. Th...
by slow n steady
Sun Dec 27, 2015 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Fee disclosure for initial meeting with attorney?
Replies: 13
Views: 1709

Re: Fee disclosure for initial meeting with attorney?

... the receptionist indicated the attorney likes to make her own appointments via an initial call, .... I prefer to do it that way as well. That gives both of us an opportunity to see whether we're likely to be a good fit for each other. If we're unlikely to be a good fit for each other, it avoids...
by slow n steady
Sat Nov 28, 2015 3:35 pm
Forum: Personal Consumer Issues
Topic: Cutting the cord - Netflix or Hulu?
Replies: 50
Views: 4297

Re: Cutting the cord - Netflix or Hulu?

I am nearing the end of of the trial periods and not sure if I will be extending one or both of these services. Hulu seems more TV show oriented, but the commercials bug me. Netflix has a gazillion movies, but not sure how many we'd watch. Netflix also has a mini-gazillion of TV shows. Perhaps the ...
by slow n steady
Wed Nov 25, 2015 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: 23 year old wanting to retire before 50
Replies: 44
Views: 8117

Re: 23 year old wanting to retire before 50

I am 27 and plan on retiring around 50. I personally use 4% real. I would make a few excel sheets showing the different ending numbers with 2, 4, and 6% real return. Any of these are very possible and it would be good to be mentally prepared for what you will do when one of them comes true. Just kee...
by slow n steady
Tue Nov 10, 2015 8:55 pm
Forum: Personal Consumer Issues
Topic: What is unused (cell plan) data worth to you?
Replies: 56
Views: 4959

Re: What is unused (cell plan) data worth to you?

My wife uses Page Plus (Verizon MNVO) and we have been pretty happy with it. She pays about $33 per month for 1GB of 4G data and unlimited texts. She was running out of minutes (currently 1500 but was 1200), but she solved this problem by making calls over google hangouts when she was on wifi. tbrad...
by slow n steady
Thu Oct 29, 2015 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: 457b (govt) - to Roth, or not, or some?
Replies: 6
Views: 575

Re: 457b (govt) - to Roth, or not, or some?

I would max the Roth 457b. You can also contribute to your IRA's ($5500 for you and $6500 for DH). Let's say you are $4,000 over the 15/25% line. You can put $4k into a traditional IRA and the rest into Roth. This is what I do every year. I don't put the money into the IRA's until my taxes are done ...
by slow n steady
Sun Oct 25, 2015 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Max Social Security earnings during first year of survivor's early retirement.
Replies: 28
Views: 2724

Re: Max earnings during first year of early retirement.

Actually the question is for a close friend who is a widow. She plans to retire at 62 on her late husband's survivor benefits and then start her own benefits at 70, the best of both worlds! She may be able to apply for survivor's benefits at 60. I would have her look into this. It would probably be...
by slow n steady
Sun Oct 25, 2015 1:09 am
Forum: Personal Consumer Issues
Topic: Leave charger plugged in?
Replies: 14
Views: 2651

Re: Leave charger plugged in?

DSInvestor wrote:I used a Kill-A-Watt device to see what how much power my devices use. If memory serves me, the iPhone and iPad wall chargers did not show any usage unless they were charging a device.


I did the same and was pleasantly surprised.
by slow n steady
Sun Oct 11, 2015 12:57 am
Forum: Personal Consumer Issues
Topic: Podcast App for Android?
Replies: 15
Views: 939

Re: Podcast App for Android?

I've had good luck with podcast addict. It has a lot of options so you can fine tune things the way you want them.
by slow n steady
Fri Oct 09, 2015 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Did I mess up?
Replies: 9
Views: 1554

Re: Did I mess up?

No expert here either. My understanding is you just are setting your cost basis lower and will have more gains when you sell later. If you are in a similar tax bracket in future years, I would tax gain harvest and your mistake won't really cost you anything.
by slow n steady
Sun Oct 04, 2015 3:52 pm
Forum: Personal Consumer Issues
Topic: Wedding gifts
Replies: 25
Views: 4206

Re: Wedding gifts

island wrote:
Grt2bOutdoors wrote:Cold hard cash. or a gift card to whatever store they may be registered at.


This and only this especially if you don't know anything about what they have or like.


+1

While I would appreciate all of the gifts above, this gift would be the most appreciated.
by slow n steady
Sun Sep 27, 2015 2:39 pm
Forum: Investing - Theory, News & General
Topic: Why not take their advice?
Replies: 59
Views: 4890

Re: Why not take their advice?

gkaplan wrote:
stemikger wrote:This is mainly for new investors and those (like myself) who at times have a hard time staying the course....


At times?


Not all of the time, just several times a day. :twisted:
by slow n steady
Fri Aug 28, 2015 11:10 pm
Forum: Investing - Help with Personal Investments
Topic: Bad 403b vs Taxable in 15% bracket
Replies: 8
Views: 606

Re: Bad 403b vs Taxable in 15% bracket

If your wife stays 30 years in this job, the 403(b) fees will eat up any benefit; how likely is that? If she stays only 20 years, the 403(b) may still come out ahead. You will pay only state tax on qualified dividends in a taxable stock fund while you stay in the 15% bracket, but you expect to move...
by slow n steady
Fri Aug 28, 2015 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: Bad 403b vs Taxable in 15% bracket
Replies: 8
Views: 606

Re: Bad 403b vs Taxable in 15% bracket

When you see a Vanguard fund with that kind of ER, it usually means the administrative fees have been tacked on. When it's done that way at least you know the fees. If this is what's happening, then the fees are pretty average for a 403b. Most plans hide the fees, in which case you would see low ER...
by slow n steady
Fri Aug 28, 2015 9:38 pm
Forum: Personal Finance (Not Investing)
Topic: I have a Confession...Dave Ramsey...Help!
Replies: 70
Views: 9420

Re: I have a Confession...Dave Ramsey...Help!

I think he says you shouldn't buy rentals until step 7 and then you can only use cash. Better get your rentals ready for sale. I wouldn't tell your coworkers your newborn philosophy. Dave's steps are great for someone deep in consumer debt. I started off hardcore Dave but slowly evolved to where I a...
by slow n steady
Fri Aug 28, 2015 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Bad 403b vs Taxable in 15% bracket
Replies: 8
Views: 606

Re: Bad 403b vs Taxable in 15% bracket

Those are really awful options. Without a match I'd have a hard time contributing. Seems like you're better off funding your (his) plans, individual Roths, and keeping funds in taxable. I know she's brand new at her job, but perhaps in time she can weigh in on the unattractiveness of this defined c...
by slow n steady
Fri Aug 28, 2015 6:49 pm
Forum: Investing - Help with Personal Investments
Topic: Bad 403b vs Taxable in 15% bracket
Replies: 8
Views: 606

Re: Bad 403b vs Taxable in 15% bracket

Hello SnS, are you 100% sure that your spouse has no access to a 457 plan in Kansas, like http://www.kpers.org/kpers457.html ? Is there a Stable Value Fund in your spouse's 403 plan? She's actually a nurse, not a teacher. She does have a 457 but can only add money to it when she maxes out the 403b....
by slow n steady
Fri Aug 28, 2015 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Bad 403b vs Taxable in 15% bracket
Replies: 8
Views: 606

Bad 403b vs Taxable in 15% bracket

Emergency funds: 6-12 months Debt: Mortgage-170k, 14 years left on 15 year fixed at 2.75% Tax Filing Status: Married Filing Jointly Tax Rate: 15% Federal, ~5% State State of Residence:KS Age:Average age of 27 Desired Asset allocation: 75% stocks / 25% bonds Desired International allocation: 33% of s...
by slow n steady
Mon Aug 03, 2015 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: Cash Back Credit Card
Replies: 9
Views: 1298

Re: Cash Back Credit Card

You can also open a Discover Miles card that gives you 1.5 "miles" for every dollar spent. These miles can be taken as cashback as well. For the first year that the card is open, they will double all of the miles you've earned, making this card a 3% cashback card for the first year. It's a...
by slow n steady
Wed Jul 15, 2015 10:44 pm
Forum: Personal Finance (Not Investing)
Topic: Do you use Mint.com?
Replies: 26
Views: 3179

Re: Do you use Mint.com?

chapstick wrote:
My only complaint about Mint is that although it's great for tracking/retrospective, it's not great for budgeting/prospective.


Which is where YNAB (You Need a Budget) steps in and dominates.


BTW-I love the old thread resurrections.
by slow n steady
Fri Jul 10, 2015 1:44 pm
Forum: Personal Consumer Issues
Topic: Bogleheads -"Raybo" knows Alcatraz! Bo knows football.
Replies: 10
Views: 1385

Re: Bogleheads -"Raybo" knows Alcatraz! Bo knows football.

Raybo gave my family an amazing tour this Monday. We spent half of our time in places that most visitors couldn't go, which was fantastic!

Thanks Raybo!



gnosttam: Earlier this week, I believe a sign said they were sold out until August 4th. You really have to sign up early if you want tickets.
by slow n steady
Wed Jul 08, 2015 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: NYSE trading halted [for more than 3 hours]
Replies: 32
Views: 3441

Re: NYSE trading halted

goingup wrote:
jebmke wrote:Must be moving their data on United Airlines.

that's funny!

Not if you were in the line I was in this morning.
by slow n steady
Sun Jun 21, 2015 4:07 pm
Forum: Investing - Theory, News & General
Topic: When saving money becomes an irrational obsession
Replies: 157
Views: 30450

Re: When saving money becomes an irrational obsession

I think we see more than one of these here on BH. Like the person that has pensions and SS covering 100% of their yearly expenses AND has a 7-figure portfolio to boot and is worried if they can retire. Heck, I'm planning on being in that position when I retire. In my plans it doesn't have me worryi...
by slow n steady
Fri May 29, 2015 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Regular or Roth 457?
Replies: 16
Views: 1370

Re: Regular or Roth 457?

It sounds like you are going to be in the 28% tax bracket pretty much no matter what in retirement. This makes me lean towards all Roth in your 457. I am in a similar situation, but my numbers are half as much. :P My dividing line is the 15%/25% bracket. I know for sure I will be in the 15% bracket ...
by slow n steady
Mon May 25, 2015 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: YNAB a good subsitute for Quicken?
Replies: 43
Views: 7399

Re: YNAB a good subsitute for Quicken?

I use mint with ynab. Mint is useless except to instantly see all my transactions in real time. I have all my bills and investment accounts linked to mint. Ynab is the real and only tool I need and use. Mint shows you when you screwed up your budget, ynab prevents a screwup. This is exactly what I ...
by slow n steady
Sun May 17, 2015 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 Checking
Replies: 23
Views: 3418

Re: Capital One 360 Checking

I have had 360 checking and now I have Ally. I prefer Ally because of the higher rate.
by slow n steady
Wed May 13, 2015 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: YNAB a good subsitute for Quicken?
Replies: 43
Views: 7399

Re: YNAB a good subsitute for Quicken?

I use mint with ynab. Mint is useless except to instantly see all my transactions in real time. I have all my bills and investment accounts linked to mint. Ynab is the real and only tool I need and use. Mint shows you when you screwed up your budget, ynab prevents a screwup. This is exactly what I ...
by slow n steady
Sat May 02, 2015 10:39 am
Forum: Personal Consumer Issues
Topic: Best Chromebook 2015
Replies: 61
Views: 7647

Re: Best Chromebook 2015

Toshiba Chromebook 2.

Love it.
by slow n steady
Thu Apr 16, 2015 6:13 pm
Forum: Investing - Help with Personal Investments
Topic: Is it ok to NOT have significant taxable investments?
Replies: 48
Views: 5847

Re: Is it ok to NOT have significant taxable investments?

Maybe I missed it in the thread, but has anyone mentioned the 5 year Roth Pipeline strategy? https://www.kitces.com/blog/understanding-the-two-5-year-rules-for-roth-ira-contributions-and-conversions/ You can get access to 401(k) money at any age without the 10% penalty, taxed at regular income tax ...

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