Search found 238 matches

by soccerdad12
Tue Jan 26, 2016 9:44 am
Forum: Personal Consumer Issues
Topic: Anyone use skiplagged.com?
Replies: 7
Views: 1020

Re: Anyone use skiplagged.com?

There are definitely some risks with it, but what made me ask the question was for the route I checked the fare was 60% less.
by soccerdad12
Mon Jan 25, 2016 8:13 pm
Forum: Personal Consumer Issues
Topic: Anyone use skiplagged.com?
Replies: 7
Views: 1020

Anyone use skiplagged.com?

I am planning to start some traveling with the wife this year. Someone at work told me about http://www.skiplagged.com He hasn't used it, but it definitely can cut the price of flights. I tried a couple of destinations and some of them seem half the cost. The jist of it is that it will get you to yo...
by soccerdad12
Mon Jan 25, 2016 4:24 pm
Forum: Personal Consumer Issues
Topic: Anyone have experience with truecar.com or similar ?
Replies: 26
Views: 1779

Re: Anyone have experience with truecar.com or similar ?

It is actually weird to get the best prices with all cash offers. The finance companies give solid dealer incentives which can give them flexibility in pricing. Pretty sure this is true. Last time I purchased a new car I wanted to do it in cash. Sales guy said that the price would be higher because...
by soccerdad12
Wed Jan 20, 2016 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Which fund is best in after tax account?
Replies: 6
Views: 319

Re: Which fund is best in after tax account?

I am in the highest tax bracket. I am not sure about the foreign taxes. Are you saying it matters based on the amount of funds in VTIAX? If so, what is the amount I am looking to stay under? I am going to the 3 fund portfolio, so there are only 3 funds to consider. My traditional 401k is where I put...
by soccerdad12
Wed Jan 20, 2016 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: Which fund is best in after tax account?
Replies: 6
Views: 319

Which fund is best in after tax account?

I am trying to put the correct funds in ROTH IRA, traditional 401k, traditional IRA and after-tax accounts.

I have all of my bonds in my traditional 401k. Which of these 2 funds are best in after-tax (not tax deferred): VTIAX or VTSAX?

Thanks!
by soccerdad12
Tue Jan 19, 2016 12:14 pm
Forum: Investing - Help with Personal Investments
Topic: Main problem with Vanguard target date funds
Replies: 7
Views: 1083

Re: Main problem with Vanguard target date funds

I honestly don't mind if target date funds aren't tax efficient. I think the tax drag is still less damaging to my portfolio than my constant need to tinker if I don't have investments on autopilot. I am not sure of your situation, but would you say the same thing if your taxable accounts are in th...
by soccerdad12
Tue Jan 19, 2016 9:43 am
Forum: Investing - Help with Personal Investments
Topic: Main problem with Vanguard target date funds
Replies: 7
Views: 1083

Main problem with Vanguard target date funds

Is the main problem with utilizing Vanguards target date funds that I can't separate funds by taxable and tax sheltered accounts? I am rethinking my strategy to make things more simple (I am not overly complicated but do have some slice and dice) and target date funds seems as simple as you can get....
by soccerdad12
Thu Jan 14, 2016 4:31 pm
Forum: Investing - Theory, News & General
Topic: Systematically buy from Emergency Fund on Dips?
Replies: 44
Views: 2752

Re: Systematically buy from Emergency Fund on Dips?

This is all personal $$ and not operating cash for the business. 2008-2010 were some of our fastest growing years. What we do is good in a strong economy and very good in a struggling economy (as long as it isn't a catastrophic depression).
by soccerdad12
Thu Jan 14, 2016 1:18 pm
Forum: Investing - Theory, News & General
Topic: Systematically buy from Emergency Fund on Dips?
Replies: 44
Views: 2752

Re: Systematically buy from Emergency Fund on Dips?

Since you own your own business, its probably good to diversify into more assets. Whether that comes from profits/proceeds or an "EF" would be up to you. Buying on dips makes sense, but doesn't answer the question of why that cash wasn't already invested. I typically only do a dividend pa...
by soccerdad12
Thu Jan 14, 2016 1:14 pm
Forum: Investing - Theory, News & General
Topic: Systematically buy from Emergency Fund on Dips?
Replies: 44
Views: 2752

Re: Systematically buy from Emergency Fund on Dips?

So then after you pull $$ from your bond fund on a equity RBD, does all of your new investment money go into the bond fund in order to build it back up?
by soccerdad12
Thu Jan 14, 2016 1:08 pm
Forum: Investing - Theory, News & General
Topic: Systematically buy from Emergency Fund on Dips?
Replies: 44
Views: 2752

Re: Systematically buy from Emergency Fund on Dips?

Hi livesoft. I understand what you have been buying. My question is, what are you using to buy them with? If you aren't using an emergency fund and all of your other money should already be invested, then are you selling bonds and buying equities on the dip?
by soccerdad12
Thu Jan 14, 2016 12:54 pm
Forum: Investing - Theory, News & General
Topic: Systematically buy from Emergency Fund on Dips?
Replies: 44
Views: 2752

Re: Systematically buy from Emergency Fund on Dips?

I have 3 years of living expenses in my emergency fund. Why do you have an emergency fund at all? Why 3 years? I am not really sure that I need much of an emergency fund. I own everything outright. I guess I have one so that if all heck breaks loose that I don't need to sell any investments for a v...
by soccerdad12
Thu Jan 14, 2016 12:52 pm
Forum: Investing - Theory, News & General
Topic: Systematically buy from Emergency Fund on Dips?
Replies: 44
Views: 2752

Re: Systematically buy from Emergency Fund on Dips?

Agree with the above, plus... If you are able to replenish the EF in 2 months... where is that money going now? I'd recommend taking that cash flow and DCA'ing it in. :beerCheers, packet I would just take a distribution from my business. Right now I typically only do that once or twice a year, but ...
by soccerdad12
Thu Jan 14, 2016 12:50 pm
Forum: Investing - Theory, News & General
Topic: Systematically buy from Emergency Fund on Dips?
Replies: 44
Views: 2752

Re: Systematically buy from Emergency Fund on Dips?

3 years of emergency fund? Sure, you can buy more, but then you could also have your emergency fund reduced to 1 year of expenses instead, too. You can do whatever you want as long as you put it in your IPS. For example, in my IPS I have that I MUST buy equities on certain market drops. I do this b...
by soccerdad12
Thu Jan 14, 2016 12:49 pm
Forum: Investing - Theory, News & General
Topic: Systematically buy from Emergency Fund on Dips?
Replies: 44
Views: 2752

Re: Systematically buy from Emergency Fund on Dips?

Wait, so if I do the math right, in 20 months, you could have saved up 30 YEARS of living expenses? Why aren't you retired yesterday? I could refill the max of the $30k that I take from the emergency fund in 2 months. I am not sure how you are saying that 20 months = 30 years of living expenses. I ...
by soccerdad12
Thu Jan 14, 2016 11:36 am
Forum: Investing - Theory, News & General
Topic: Systematically buy from Emergency Fund on Dips?
Replies: 44
Views: 2752

Systematically buy from Emergency Fund on Dips?

Other than my monthly investing, does it make sense to buy a set amount (say $10k) of the most discounted of the funds that I am in from my emergency fund on every dip of 5%? I have 3 years of living expenses in my emergency fund. I can replenish the emergency fund in 2 months. I would limit myself ...
by soccerdad12
Wed Jan 06, 2016 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Nature vs Nurture
Replies: 27
Views: 1307

Nature vs Nurture

Was visiting my elderly parents over the holidays and had an interesting conversation with them. My dad is very, very frugal. Always has been and always will be. Due to that he is wealthy, but that doesn't change his frugality. He claims he learned that from his parents living thru the depression. O...
by soccerdad12
Fri Dec 11, 2015 10:34 am
Forum: Investing - Theory, News & General
Topic: Fear of Bonds...what to do?
Replies: 56
Views: 5809

Re: Fear of Bonds...what to do?

@knpstr I have the same mindset as you (in general), but the problem is that when you figure out you need bonds it is probably already too late. I wouldn't feel comfortable taking such a large risk until my retirement portfolio is at least 8 figures. I never had bonds until my 40s (but I do go a lit...
by soccerdad12
Mon Nov 09, 2015 5:08 pm
Forum: Personal Consumer Issues
Topic: [Looking for] Cool new apps
Replies: 10
Views: 1300

Re: [Looking for] Cool new apps

If you download books from amazon to read on a kindle or ipad type device, then you should look into Overdrive. I use it with my local library card and all the digital books are free for 15 days (then they get electronically returned). Saves me a ton of $$. One other cool app is called Fooducate. It...
by soccerdad12
Tue Oct 13, 2015 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: Military Retirement; "Should I stay or should I go now?"
Replies: 39
Views: 3822

Re: Military Retirement; "Should I stay or should I go now?"

Another consideration.... you are 41 right now. Say you stay in for another 10 years and are 51. Is it a lot harder to gain employment at 51 yo rather than 41? I am not sure as I have never been in that situation and am not of that age, but others here might have direct experience. If you plan on re...
by soccerdad12
Thu Sep 17, 2015 9:56 am
Forum: Investing - Theory, News & General
Topic: Just finished Flash Boys
Replies: 31
Views: 2321

Just finished Flash Boys

What an interesting book. I had no idea all of that "stuff" was going on in the background. I wonder if the amount of hi frequency trading front running has reduced significantly since the IEX opened. Out of interest, I took a look at the IEX website to see how they are doing and it seems ...
by soccerdad12
Wed Sep 16, 2015 12:56 pm
Forum: Personal Consumer Issues
Topic: What is the best way to purchase Iphone?
Replies: 37
Views: 4837

Re: What is the best way to purchase Iphone?

I have bought multiple iphones from craigslist. I always buy 1 version back that is less than 1 year old (so it is still covered under warranty). I pay cash for the phone but get it at a good price. For instance, I bought a iphone 5s 2 months ago for $380 and it was less than 1 year old and in perfe...
by soccerdad12
Thu Sep 10, 2015 3:02 pm
Forum: Personal Consumer Issues
Topic: Best Small Purchases (Around the house)
Replies: 133
Views: 14163

Re: Best Small Purchases (Around the house)

As strange as it sounds, I get a ton of good use out of the projection alarm clock in our bedroom. I love it! http://www.amazon.com/Oregon-Scientific-RM313PNA-Self-Setting-Projection/dp/B0002H4I2C/ref=sr_1_2?tag=bogleheads.org-20&keywords=alarm+clock+projection Every night I look up at it (unfor...
by soccerdad12
Fri Sep 04, 2015 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: My Mega Backdoor ROTH Plan
Replies: 11
Views: 862

Re: My Mega Backdoor ROTH Plan

That is correct.
by soccerdad12
Fri Sep 04, 2015 11:38 am
Forum: Investing - Help with Personal Investments
Topic: 401k is not set up at my new job yet...
Replies: 44
Views: 2586

Re: 401k is not set up at my new job yet...

One other thought is if you have the skills to open up a side business doing some off hours moonlighting (IT work, tutoring, etc....). If you open your open company (LLC, S Corp etc....) you can set up a SEP IRA thru it and stash money that way until the 401k comes along.
by soccerdad12
Fri Sep 04, 2015 11:11 am
Forum: Investing - Help with Personal Investments
Topic: My Mega Backdoor ROTH Plan
Replies: 11
Views: 862

Re: My Mega Backdoor ROTH Plan

I never checked on that. My 401k provider is trowe and I am not as big a fan of their funds, so I didn't think to even ask. I wanted to get the funds to Vanguard where the rest of my investments are.
by soccerdad12
Fri Sep 04, 2015 8:37 am
Forum: Investing - Help with Personal Investments
Topic: My Mega Backdoor ROTH Plan
Replies: 11
Views: 862

Re: My Mega Backdoor ROTH Plan

I did notice the amount withdrawn wasn't exactly the amount deposited in after-tax (minus the $50 fee) so I will have to take a look at it. That is why I made the full amount of after-tax deposit in one lump and distributed it quickly afterwards. I figure it would be alot easier to track the gain/lo...
by soccerdad12
Fri Sep 04, 2015 8:15 am
Forum: Investing - Help with Personal Investments
Topic: My Mega Backdoor ROTH Plan
Replies: 11
Views: 862

My Mega Backdoor ROTH Plan

After reading this forum about the Mega Backdoor Roth, I had my company 401k changed to allow after-tax contributions and withdraws. Last week I fully funded my regular 401k and the full after tax amount. I funded the full after-tax amount in one deposit. This week I opened a new ROTH IRA (so I keep...
by soccerdad12
Wed Jul 29, 2015 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Release of Parental Financial Liability?
Replies: 20
Views: 2191

Re: Release of Parental Financial Liability?

Child lives in my house.
Car is titled in my name.
Child has a job and goes to community college part time and works about 20 hours per week.
Sounds like I am out of luck.

When they become 21 does that change things because they are considered an adult?
by soccerdad12
Wed Jul 29, 2015 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Release of Parental Financial Liability?
Replies: 20
Views: 2191

Release of Parental Financial Liability?

One of my fears of my personal finance is that one of my kids (under 21) is the driver in a car accident, is at fault and severely hurts the people in the other car. Obviously my #1 concern is the safety of everyone involved, but my financial fear is that I can be taken to the financial woodshed sin...
by soccerdad12
Thu May 14, 2015 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Conundrum: Can do my own books but banks require CPA statement
Replies: 23
Views: 2147

Re: Conundrum: Can do my own books but banks require CPA statement

Of course the banks want a CPA stamp on your books. What would stop you from "cooking" the books in order to get a large loan? It has nothing to do with if you know quickbooks. They want a CPA's rep on the line to ensure what your books are saying jive with what your AR and business bank a...
by soccerdad12
Mon Nov 24, 2014 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: My Health care monthly premiums doubled after ACA
Replies: 46
Views: 5763

Re: My Health care monthly premiums doubled after ACA

Firing someone due to their health condition being expensive is illegal. One other note.... I spoke with our company health insurance broker and the "insider" view of why rates are going up so much for the younger/middle aged group is that the healthy young people that are "mandated&q...
by soccerdad12
Fri Nov 07, 2014 4:12 pm
Forum: Personal Consumer Issues
Topic: Anyone have a smartwatch?
Replies: 10
Views: 1360

Anyone have a smartwatch?

I was considering getting a Moto 360 android smartwatch, but have seen mixed reviews. Does anyone have one and could give their personal experience? My use cases would be: 1. Counts my steps so I don't need to wear a fitbit anymore 2. Use as GPS while driving within town 3. Potentially play audioboo...
by soccerdad12
Fri Nov 07, 2014 4:09 pm
Forum: Personal Consumer Issues
Topic: Does anyone use mozy (off site computer backup program)
Replies: 13
Views: 1639

Re: Does anyone use mozy (off site computer backup program)

I have used it for years for some business files. It works in the background and is great. I did one time, a couple of years ago, recover the files and it was very easy.
by soccerdad12
Thu Oct 23, 2014 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Making an offer today
Replies: 44
Views: 5334

Re: Making an offer today

I don't understand why anyone feels the OP did something wrong with what they offered. The seller probably spent all of 1 minute deciding it wasn't viable for them. No harm, no foul. Additionally, the value of the home currently has nothing at all to do with what the seller paid for it. It may make ...
by soccerdad12
Mon Oct 20, 2014 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Attorney Hourly Rates?
Replies: 48
Views: 4847

Re: Attorney Hourly Rates?

I have paid up to $675/hr, however I try to get the person with the best "bang-for-the-buck" rather than the lowest hourly rate. In my case, the $675/hour lawyer knew exactly what the issues were in my situation and gave sage advice in 1 hour. I had a couple of exploratory conversations wi...
by soccerdad12
Thu Oct 16, 2014 12:27 pm
Forum: Personal Finance (Not Investing)
Topic: Seeking Quickbooks part-time bookkeeping
Replies: 3
Views: 515

Re: Seeking Quickbooks part-time bookkeeping

you don't want them hosting your file. switch to quickbooks online and then you can turn on and off access to your books. i would never, ever, ever, ever allow someone to have control of my master QB file.
by soccerdad12
Wed Oct 15, 2014 12:57 pm
Forum: Personal Consumer Issues
Topic: advice on a surface pro 3
Replies: 28
Views: 3773

Re: advice on a surface pro 3

i have had the surface pro 3 for a couple of months. It is awesome. The pen works perfectly which makes onenote a joy to use for my purposes. There are no downsides to me (except the price is a little high).
by soccerdad12
Tue Oct 14, 2014 3:05 pm
Forum: Personal Consumer Issues
Topic: Best town I've never heard of [for relocating]
Replies: 97
Views: 11842

Re: Best town I've never heard of [for relocating]

Why mess with the cold. Check out Apex, NC or Cary, NC. Smaller towns just 20 minutes from 3 major universities (UNC Chapel Hill, Duke, NC State). Cost of living is reasonable. Great weather. Tons of jobs. Some of the best medical care in the country. Almost crime free.

What else do you need?
by soccerdad12
Fri Oct 03, 2014 9:44 am
Forum: Personal Finance (Not Investing)
Topic: Health Care/ACA question about losing coverage
Replies: 19
Views: 1501

Re: Health Care/ACA question about losing coverage

did he lose coverage on 1 oct or on 30 sep? That 1 oct date might be where the sticking point is. 1st of month after losing coverage on 1 oct is 1 nov. 1st of month after losing coverage on 30 sep is 1 oct.
by soccerdad12
Thu Oct 02, 2014 10:58 am
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 322
Views: 84271

Re: The Mega Backdoor Roth IRA

I am the one that sets the plan parameters directly with TRowe for my company, so this is great advice. I did request from them to have a post-tax portion be separated from the safe harbor portion, but didn't stipulate a separate account. I will check with them on that. I will also ask for no restri...
by soccerdad12
Thu Oct 02, 2014 10:14 am
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 322
Views: 84271

Re: The Mega Backdoor Roth IRA

:oops: :oops: Just read my guidelines for my job 401k plan. Since I am a "highly compensated employee" I can't contribute to the after tax portion of my 401k. I am going to call HR tomorrow about this, doesn't make sense. :annoyed They probably do not have what is known as a "safe ha...
by soccerdad12
Thu Oct 02, 2014 10:05 am
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 322
Views: 84271

Re: The Mega Backdoor Roth IRA

what do you mean by separate accounts?
by soccerdad12
Thu Oct 02, 2014 10:01 am
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 322
Views: 84271

Re: The Mega Backdoor Roth IRA

Thanks VERY MUCH for this thread. I just had our company 401k changed to allow after-tax contributions for 2015! This is going to be awesome!
by soccerdad12
Wed Oct 01, 2014 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Low cost online payroll?
Replies: 11
Views: 1215

Re: Low cost online payroll?

we use www.paycycle.com. they are great with awesome support. probably costs $20/month for your needs.
by soccerdad12
Tue Sep 30, 2014 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: AllClear ID identity theft protection?
Replies: 7
Views: 617

Re: AllClear ID identity theft protection?

I did it a couple of months ago as I was caught in the Target breach and in NC there is no fee. I think the fee is dependent on what state you are in. I believe Clark Howard's website will tell you if there is a fee in your state. It is all done online and takes about 1 minute per credit agency. The...
by soccerdad12
Tue Sep 30, 2014 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: AllClear ID identity theft protection?
Replies: 7
Views: 617

Re: AllClear ID identity theft protection?

freezing your credit at the 3 credit agencies is much more effective; doing this PREVENTS damage; credit monitoring just tells you that something has happened
by soccerdad12
Tue Jul 15, 2014 3:31 pm
Forum: Personal Consumer Issues
Topic: Replacing the front door to house
Replies: 20
Views: 3494

Re: Replacing the front door to house

based on all the recommendations here, i have decided to bite the bullet and buy the door pre-hung on a new frame. It seems too tricky to be able to find an expert to make it work. It is the front door to my house after all. Thanks to everyone for their advice!
by soccerdad12
Tue Jul 15, 2014 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Withdraw from 529 or FL Prepaid for tuition by grandparent
Replies: 3
Views: 473

Re: Withdraw from 529 or FL Prepaid for tuition by grandpare

I have to say... this is very nice of a grandparent to contribute to grandkid's college fund! Kudos to you.
by soccerdad12
Mon Jul 14, 2014 7:35 am
Forum: Personal Consumer Issues
Topic: Replacing the front door to house
Replies: 20
Views: 3494

Re: Replacing the front door to house

I owned a business for years that did exactly what you want--replace an existing pre-hung door with a new one. Just the door, not the jambs. In a new home (you said 2004) the door will be standard sized. Either 3068 or 3080, most likely. The real question is what kind of door you have now. If it's ...

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