Search found 301 matches

by soccerdad12
Tue Nov 22, 2016 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off relative's student loan
Replies: 8
Views: 873

Re: Paying off relative's student loan

There is a 99% chance that I will hit lifetime gift limit. Does that make a difference in how I approach this effort?
by soccerdad12
Tue Nov 22, 2016 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off relative's student loan
Replies: 8
Views: 873

Re: Paying off realtive's student loan

For the gift, can the check be made out directly to the loan company or does it have to be made out to the person?

Also, could I gift $14k, my wife gift $14k, my brother gift $14k, etc.... and all of those separate gifts get sent directly to the student loan company?
by soccerdad12
Mon Nov 21, 2016 8:42 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off relative's student loan
Replies: 8
Views: 873

Paying off relative's student loan

If I decided to pay off a relative's student loan (say $100k), what would the ramifications be for the student? I would be paying the student loan company directly and no money would go to the student directly. Would that be considered income to them? Is it considered a gift? Would the student loan ...
by soccerdad12
Mon Nov 21, 2016 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Cannot get myself to spend my savings
Replies: 75
Views: 8003

Re: Cannot get myself to spend my savings

This is very common in my experience. My father gets more and more frugal (cheap?) the older he gets, even as his assets continue to grow. We have to hassle him into turning the heat on in winter because he thinks it's wasteful to heat the whole house when he can just sleep under an electric blanke...
by soccerdad12
Mon Nov 21, 2016 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Super Happy - 401k!
Replies: 4
Views: 1108

Super Happy - 401k!

On Jan 1, my company will switch to a Vanguard 401k with all admiral and institutional shares! How lucky am I? Since all my other personal accounts are with Vanguard, it will make keeping my portfolio allocation very easy since all the funds I use will be available now in my 401k. It is funny how th...
by soccerdad12
Fri Nov 11, 2016 3:43 pm
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 40
Views: 6092

Re: USAA 2.5% Cash Back Credit Card

I called after the original post and tried to get in as well. No luck!
by soccerdad12
Thu Nov 10, 2016 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Single or 2 stage HVAC system?
Replies: 6
Views: 681

Re: Single or 2 stage HVAC system?

I think the pricing changes a lot based on the size of the system. Mine is 3 ton. I am not sure if the pricing is out of line. I got quotes from 2 separate companies and they are pretty close to each other.
by soccerdad12
Thu Nov 10, 2016 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Single or 2 stage HVAC system?
Replies: 6
Views: 681

Single or 2 stage HVAC system?

My 2d floor HVAC system is caput. I got a quote today for both a single stage and 2 stage. There is a $2000 difference in the price of units, same make just single vs 2 stage. Anyone well versed enough to know if the $2000 is worth it? I live in North Carolina and will be in this home for less than ...
by soccerdad12
Wed Nov 09, 2016 3:04 pm
Forum: Personal Consumer Issues
Topic: Request Suggestions for Family Holiday Activities-South Central PA
Replies: 6
Views: 553

Re: Request Suggestions for Family Holiday Activities-South Central PA

I would go to tripadvisor.com and put in the major cities that you listed and look at activites. They always have a bunch and also rate them. Works for me everytime I go on vacation. Have a good time... sounds like fun.
by soccerdad12
Tue Nov 08, 2016 2:09 pm
Forum: Personal Consumer Issues
Topic: Amazon Echo
Replies: 53
Views: 5613

Re: Amazon Echo

I have had an echo for the last year. We keep it in the kitchen. It is great for hands free kitchen timers. We use it primarily for grocery lists and music. Just bought a Google Home. Will hook it up tonight. Main advantage of google product over echo is it's ability to stream music over the whole h...
by soccerdad12
Mon Oct 31, 2016 10:14 am
Forum: Personal Consumer Issues
Topic: How Long should Updates for Windows 10 take to load??
Replies: 22
Views: 1451

Re: How Long should Updates for Windows 10 take to load??

I have had the same problem when I have upgraded several from win 7 and 8 to 10.

What seems to have solved it is to set windows to never update before you start the upgrade process.
by soccerdad12
Thu Oct 27, 2016 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Company Health Insurance Increase
Replies: 12
Views: 738

Re: Company Health Insurance Increase

Yes, but I don't trust him. He told me years ago that there are different commission amounts for different insurance carriers so they are incented to have you with certain carriers. We got our renewal #s yesterday and have to make a decision within 10 days. I can see right on the paperwork from BCBS...
by soccerdad12
Thu Oct 27, 2016 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Company Health Insurance Increase
Replies: 12
Views: 738

Re: Company Health Insurance Increase

We are a group of about 25, so definitely not near 100.
by soccerdad12
Thu Oct 27, 2016 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Company Health Insurance Increase
Replies: 12
Views: 738

Company Health Insurance Increase

I am responsible for our company health insurance renewal. It is going up 30% this year- not good. For anyone knowledgeable in this area I do have a question. On the paperwork from our insurance broker it lists 2 lines: proposed increase % and accepted increase %. That indicates to me that there is ...
by soccerdad12
Thu Oct 27, 2016 8:23 am
Forum: Personal Finance (Not Investing)
Topic: PEO for small Biz [Professional Employer Organization]
Replies: 11
Views: 697

Re: PEO for small Biz

It is definitely a pain to do all the payroll and bennies for a small company. I am weary of PEOs. In my city I remember a couple of years ago a PEO was misappropriating the $$ that was supposed to go to medical insurance and it left the clients w/o actual insurance. One of the employees of a compan...
by soccerdad12
Wed Oct 26, 2016 9:24 am
Forum: Personal Consumer Issues
Topic: Chocolate Recommendations
Replies: 64
Views: 3541

Re: Chocolate Recommendations

I am definitely not a chocolate snob, but I do eat 1 square of Ghirardelli 86% dark everyday. I buy the ones in the individually wrapped packages so I am not tempted to increase the amount I eat. Supposedly dark chocolate is really good for you in small amounts. I like the taste, but to tell the tru...
by soccerdad12
Fri Oct 21, 2016 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Very tough career choice part 2 (ego, startup, hedge funds)
Replies: 78
Views: 6868

Re: Very tough career choice part 2 (ego, startup, hedge funds)

I don't see how you would be betraying him. You are having a conversation about trying to do what is best for the company. It seems like you were the one that was betrayed and he should, at the very least, give you an explanation. If that is too much to ask of him, then you shouldn't walk out the do...
by soccerdad12
Fri Oct 21, 2016 8:05 am
Forum: Personal Finance (Not Investing)
Topic: Very tough career choice part 2 (ego, startup, hedge funds)
Replies: 78
Views: 6868

Re: Very tough career choice part 2 (ego, startup, hedge funds)

Have you sat down with the founder directly and expressed your thoughts of being left-behind? For all you know, the founder may have the same feelings that you do in regards to your boss. Open communication is always best. If the founder freaks out, you have 2 offers in hand and give your notice. Th...
by soccerdad12
Mon Oct 17, 2016 8:29 am
Forum: Personal Consumer Issues
Topic: Should I be nervous about ancestry.com?
Replies: 17
Views: 3833

Should I be nervous about ancestry.com?

Recently my aging father handed me a family tree tracing his side of the family back to the 1700s in Europe. It is awesome with pictures, news articles, etc. Is there any reason that I should be nervous about entering that information into ancestry.com? I think it would be a neat exercise and could ...
by soccerdad12
Mon Oct 17, 2016 8:11 am
Forum: Personal Consumer Issues
Topic: USAA 2.5% Cash Back Credit Card
Replies: 40
Views: 6092

Re: USAA 2.5% Cash Back Credit Card

I just contacted them and they wouldn't let have the card earlier. That is disappointing.
by soccerdad12
Thu Oct 06, 2016 1:07 pm
Forum: Investing - Theory, News & General
Topic: US Housing/mortgage market starting to bubble again?
Replies: 30
Views: 4132

Re: US Housing/mortgage market starting to bubble again?

My evidence is definitely a very, very small sample size. That is why I was asking if someone in the residential real estate industry was seeing the same thing. I do currently own a home and in no rush at all. I can stay in my current home for the next 20 years with no issues. I just love a good sale!
by soccerdad12
Thu Oct 06, 2016 12:36 pm
Forum: Investing - Theory, News & General
Topic: US Housing/mortgage market starting to bubble again?
Replies: 30
Views: 4132

US Housing/mortgage market starting to bubble again?

Background: I am in a work position where we have a lot of employment / income verifications happening for current or former employees. I noticed for 2-3 years after the US housing market crashed that mortgage companies were calling to verify employment 1 month before closing, 1 week before closing,...
by soccerdad12
Tue Oct 04, 2016 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 377
Views: 114551

Re: The Mega Backdoor Roth IRA

Based on the verbiage you posted above, it doesn't read like you are allowed after-tax contributions above the 18k, especially if it doesn't address how it can come out. Here is how mine reads so you can see the specific verbiage: After-tax voluntary contributions. As a Participant under the Plan, y...
by soccerdad12
Thu Sep 22, 2016 1:37 pm
Forum: Personal Consumer Issues
Topic: Tesla Autopilot 8.0
Replies: 33
Views: 1804

Re: Tesla Autopilot 8.0

when it is on autopilot is it more efficient with gas?

is the ride smoother since there isn't a human jamming on the brakes or accelerating super fast?
by soccerdad12
Thu Sep 22, 2016 12:55 pm
Forum: Personal Consumer Issues
Topic: Tesla Autopilot 8.0
Replies: 33
Views: 1804

Tesla Autopilot 8.0

I saw the new version of Tesla's autopilot software came out today. Has anyone ever actually had a ride in a Tesla when autopilot was engaged? I am interested in how safe it was and how well it stayed in lanes/changed lanes etc...

Thanks!
by soccerdad12
Fri Sep 16, 2016 6:49 am
Forum: Personal Consumer Issues
Topic: Best iPhone warranty value
Replies: 15
Views: 1466

Re: Best iPhone warranty value

To me the best warranty is a $6 glass screen overlay. It is saved multiple shattered phone screens for us.
by soccerdad12
Thu Sep 08, 2016 8:56 am
Forum: Personal Finance (Not Investing)
Topic: Enterprise software sales process - PO, Quote, Invoice etc
Replies: 20
Views: 1181

Re: Enterprise software sales process - PO, Quote, Invoice etc

Check this out: http://www.nashuanh.gov/AgendaCenter/ViewFile/Agenda/06012016-1970 I guess government agencies put their contracts on the web. There is one in there for software services and includes contracts and such. You need to be very, very careful of how your contract reads to limit liability ...
by soccerdad12
Wed Sep 07, 2016 1:37 pm
Forum: Investing - Theory, News & General
Topic: Personal Fiduciary responsibility for company 401k
Replies: 2
Views: 231

Personal Fiduciary responsibility for company 401k

I have personal fiduciary responsibility for my company 401k (I am the owner). We have 30+ participants so it isn't large, but it isn't tiny either. Fiduciary responsibility makes me a tiny bit nervous so I want to minimize risk. FInancial advisor types are pressing the 321 and 328 to help minimize ...
by soccerdad12
Wed Aug 03, 2016 12:25 pm
Forum: Personal Consumer Issues
Topic: What makes people succeed?
Replies: 98
Views: 8818

Re: What makes people succeed?

Interesting topic, so I will give it a whirl.... I don't think you can teach or ingrain what it takes to really excel to the top. I think you are born with an inner drive that others just don't have and I think you have it at a pretty early age. I think parents can nurture raw material in kids, but ...
by soccerdad12
Mon Aug 01, 2016 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Need support during rougher period
Replies: 9
Views: 1394

Re: Need support during rougher period

why not just come here and post that..... you'll get beat up pretty good and that should be a reminder not to make any changes. The price is right too! :happy
by soccerdad12
Thu Jul 28, 2016 2:39 pm
Forum: Personal Finance (Not Investing)
Topic: asking for a higher hourly rate after interview
Replies: 30
Views: 2333

Re: asking for a higher hourly rate after interview

It isn't even just about the $$. Your reputation might be jeopardized as well. Say you tell the 3rd party that you want $10/more per hour and give him your reasons. What happens if the 3rd party tells the manager who interviewed you everything that you said. You would look like an a$$. What happens ...
by soccerdad12
Wed Jul 27, 2016 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking of buying a house while active duty
Replies: 15
Views: 786

Re: Thinking of buying a house while active duty

I know you don't really have control over where you live in the military, but IMHO, now is not a great time to buy real estate and it seems prices are on the high end. If you would have been lucky enough to be in a down market time it would be different. In military towns there is a little more stab...
by soccerdad12
Fri Jul 22, 2016 6:57 am
Forum: Personal Finance (Not Investing)
Topic: How many folks choose to give inheritance to their children in unequal portions?
Replies: 193
Views: 17591

Re: How many folks choose to give inheritance to their children in unequal portions?

I would give each the same amount, however I might do that in different ways: Child 1 very responsible with money: give them the money Child 2 that is not responsible with money: use the amount to buy an annuity so they can't blow it all, but will help them for a long time Child 3 that isn't bad wit...
by soccerdad12
Thu Jul 21, 2016 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?
Replies: 66
Views: 7411

Re: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?

He might be able to get all $53k pre-tax if he is the sole employee of his corp. I can't do that because I have employees.
by soccerdad12
Thu Jul 21, 2016 9:47 am
Forum: Personal Consumer Issues
Topic: HOA Swimming Pool Trespassing Issue
Replies: 100
Views: 7555

Re: HOA Swimming Pool Trespassing Issue

Not sure if this would work or not, but how about getting a simplisafe system installed with motion sensors. Put the motion sensors around the pool area. Only activate after 8PM. Don't pay for monitoring, just buy a couple of the super loud horn alarms. Worth a try....
by soccerdad12
Thu Jul 21, 2016 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?
Replies: 66
Views: 7411

Re: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?

I do have a 401k (with Vngrd, which does have Roth 401k), but because my tax bracket now is very high (and it is likely to be lower in retirement), I thought that I should not put any $$ into the Roth 401K. Am I missing anything? Do you still think I should use the Roth 401k despite my current high...
by soccerdad12
Mon Jul 18, 2016 10:11 am
Forum: Investing - Theory, News & General
Topic: Small business 401k [choosing a provider]
Replies: 8
Views: 489

Re: Small business 401k [choosing a provider]

We use T-Rowe and a TPA. We can choose from 500+ funds from all different providers to put into the 401k so it is totally customizable. The TPA also has the capacity to customize the 401k with things like after-tax contributions etc...
by soccerdad12
Mon Jul 18, 2016 9:13 am
Forum: Personal Finance (Not Investing)
Topic: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?
Replies: 66
Views: 7411

Re: Gross Income $600K/yr Working 12 Months VS $133K/yr Working 4 Months (And 8 Months Off)?

Don't even think about joining your friend. I have been in a similar situation with a very smart friend and had to fire him after a couple of years b/c he didn't pull his weight. Are you the only employee of your company? Make sure you have a 401k, do profit-sharing and add in the after-tax clause t...
by soccerdad12
Mon Jul 18, 2016 7:32 am
Forum: Personal Consumer Issues
Topic: The Big Short
Replies: 196
Views: 24411

Re: The Big Short

The Big Short is free on Netflix now. I watched it this weekend. Good movie. Complicated subject and totally outlandish actions by bankers.
by soccerdad12
Mon Jul 11, 2016 9:35 am
Forum: Personal Consumer Issues
Topic: Does Any One Have Any Experience Using the Goodreads Website
Replies: 15
Views: 1638

Re: Does Any One Have Any Experience Using the Goodreads Website

I use the app to rate every book that I read. I find the suggestions interesting as well. I do think that the reviews are better (and more accurate) than those on amazon. My guess is b/c goodreads appeals to more bookish type people than general amazon does.
by soccerdad12
Tue Jun 21, 2016 7:38 am
Forum: Investing - Theory, News & General
Topic: Making an app for Bogleheads, need advice
Replies: 34
Views: 3510

Re: Making an app for Bogleheads, need advice

what might be really useful is an app that tells you when there is a RBD and then gives you a nudge to possibly buy that day.
by soccerdad12
Tue Jun 14, 2016 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Starting a Business With Friend and Former Colleague
Replies: 6
Views: 740

Re: Starting a Business With Friend and Former Colleague

Sounds like a product for Shark Tank! (I love that show) What we did when we started our business is write into the agreement that anyone that leaves of their own accord before the company got to $M in revenue will forfeit 50% of their shares. We put a non-compete in it. We also made it so that any ...
by soccerdad12
Tue Jun 14, 2016 9:09 am
Forum: Personal Consumer Issues
Topic: Reasonably Priced Red Wines
Replies: 47
Views: 3204

Re: Reasonably Priced Red Wines

I will second Costco. We joined recently just for the wine. Meiomi Pino Noir is $16 at costco and $21 in the grocery. Fantastic wine for the price!
by soccerdad12
Fri Jun 10, 2016 9:33 am
Forum: Personal Consumer Issues
Topic: Sonos Home Theater Surround Sound
Replies: 9
Views: 651

Re: Sonos Home Theater Surround Sound

I thought about buying some, but they are so dang expensive. The other drawback for me is that they have to have a power source. If they just made 1 version that would run on batteries it would be a no brainer for me. What do you want it for? Home theater? Speakers throughout the house? I wasn't go...
by soccerdad12
Fri Jun 10, 2016 9:10 am
Forum: Personal Consumer Issues
Topic: Sonos Home Theater Surround Sound
Replies: 9
Views: 651

Re: Sonos Home Theater Surround Sound

I thought about buying some, but they are so dang expensive. The other drawback for me is that they have to have a power source. If they just made 1 version that would run on batteries it would be a no brainer for me.
by soccerdad12
Fri Jun 03, 2016 1:41 pm
Forum: Personal Consumer Issues
Topic: Moving to North Carolina from NYC
Replies: 66
Views: 5889

Re: Moving to North Carolina from NYC

bottom line: if you have kids that are going to go to public schools, live in either wake county (raleigh, cary, apex, morrisville) or orange county (chapel hill area). don't live in chatham county and especially not durham.

good luck!
by soccerdad12
Fri Jun 03, 2016 8:16 am
Forum: Personal Consumer Issues
Topic: Moving to North Carolina from NYC
Replies: 66
Views: 5889

Re: Moving to North Carolina from NYC

What Tomato is referring to is the current NC law (HB2) that is very discriminatory against transgender people. It is an awful law and the state is losing a lot of money b/c companies have said they won't add jobs here and famous performers are cancelling shows b/c of the law. We aren't talking abou...
by soccerdad12
Thu Jun 02, 2016 3:53 pm
Forum: Personal Consumer Issues
Topic: Moving to North Carolina from NYC
Replies: 66
Views: 5889

Re: Moving to North Carolina from NYC

I live in Cary. I have lived here since 1997. I will say that it is starting to become like Gaithersburg, MD / Northern Virginia. New homes are popping up like weeds and most of them are townhomes (more people in smaller area). Traffic is starting to get bad. I saw the Gaithersburg area grow from a ...
by soccerdad12
Thu Jun 02, 2016 10:37 am
Forum: Personal Consumer Issues
Topic: Self Driving Cars
Replies: 51
Views: 2534

Re: Self Driving Cars

One of the early investors in Uber said that they are betting on cars to be computer driven and Uber an on-demand service with no human intervention. Think of how much money uber would make if they didn't have to pay people to drive the cars. Think of how much more mobility this gives to the elderly...
by soccerdad12
Wed May 25, 2016 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: Mega Back Door Roth and the ACP Test
Replies: 5
Views: 482

Re: Mega Back Door Roth and the ACP Test

We ran into this exact issue this past year. Did the after tax contribution to max the account out around $55k and then the next day took the entire after-tax amount out and rolled into a mega back door roth. 3 months later got a notice that we failed the ACP test and all the after tax money needed ...

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