Search found 309 matches

by ugaDAWGS09
Thu Aug 03, 2017 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: 85/15 too aggressive at age 35?
Replies: 104
Views: 10392

Re: 85/15 too aggressive at age 35?

My wife and I are 32 years old and we choose to stay 60/40. I know this may be way too conservative for most, but we feel comfortable here and are big savers so riskier investment growth isn't as important as long term consistent growth. We use Wellington for our Roths, and stay around 60/40 in our ...
by ugaDAWGS09
Tue Jul 04, 2017 6:55 am
Forum: Personal Finance (Not Investing)
Topic: "Flipping" cars in Georgia
Replies: 5
Views: 1198

"Flipping" cars in Georgia

Does anyone here know the rules about buying and selling used cars in Georgia. I'm finding conflicting information online and didn't want to break any tax/federal laws. A buddy of mine has been buying used cars and selling them for a profit, but how do you file this on your taxes without a license?
by ugaDAWGS09
Fri Apr 07, 2017 8:34 am
Forum: Personal Consumer Issues
Topic: Need recommendation for home alarm system
Replies: 18
Views: 1342

Re: Need recommendation for home alarm system

If the alarm is triggered does the sound come from the keypad or base unit. If the base unit, it seems it would be easy for the intruder to find the unit and smash it.
by ugaDAWGS09
Thu Apr 06, 2017 8:28 pm
Forum: Personal Consumer Issues
Topic: Need recommendation for home alarm system
Replies: 18
Views: 1342

Re: Need recommendation for home alarm system

How do you all have the simply safe system installed? Do you put a sensor on every door and window, and a motion sensor or two in the main rooms in your house?
by ugaDAWGS09
Thu Apr 06, 2017 5:39 pm
Forum: Personal Consumer Issues
Topic: Need recommendation for home alarm system
Replies: 18
Views: 1342

Need recommendation for home alarm system

I've decided to get a home alarm system. My dad and one of my best friends both had their homes broke into this week. I need a recommendation for a good company that doesn't charge a ridiculous monthly fee. I'll most likely need 1 keypad type unit, a few glass breaks, and maybe a motion sensor. Than...
by ugaDAWGS09
Tue Feb 21, 2017 5:35 pm
Forum: Investing - Help with Personal Investments
Topic: Is 60/40 too conservative for 31 year old?
Replies: 69
Views: 7929

Re: Is 60/40 too conservative for 31 year old?

I guess a little more info will be helpful here. We currently have about 500k in our retirement accounts, so I feel we are doing well for our age. We don't have jobs that will provide a pension so what we have will depend on our savings. We have been paying double mortgage payments and should have o...
by ugaDAWGS09
Tue Feb 21, 2017 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: Is 60/40 too conservative for 31 year old?
Replies: 69
Views: 7929

Re: Is 60/40 too conservative for 31 year old?

My wife and I have been looking at our retirement accounts and we are thinking of switching from age in bonds to 60/40 for the long haul. We currently max our 401k's and Roth's and also invest an additional amount usually around 20k in a CD or Total Stock Market fund based on our allocation needs. ...
by ugaDAWGS09
Tue Feb 21, 2017 3:31 pm
Forum: Investing - Help with Personal Investments
Topic: Is 60/40 too conservative for 31 year old?
Replies: 69
Views: 7929

Is 60/40 too conservative for 31 year old?

My wife and I have been looking at our retirement accounts and we are thinking of switching from age in bonds to 60/40 for the long haul. We currently max our 401k's and Roth's and also invest an additional amount usually around 20k in a CD or Total Stock Market fund based on our allocation needs. T...
by ugaDAWGS09
Sat Jan 28, 2017 6:15 am
Forum: Personal Finance (Not Investing)
Topic: Need help with 3 rental properties I'm looking to purchase
Replies: 35
Views: 3439

Re: Need help with 3 rental properties I'm looking to purchase

. . . . . . Now, whether you'd rather have $65K or $400 a month and a second full time on call 24/7 job is up to you. +1 Perfect "bigger picture" in context. 3 rental properties aren't going to be a full time job. And if he doesn't want to be on call, he can hire property management (whic...
by ugaDAWGS09
Fri Jan 27, 2017 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: Need help with 3 rental properties I'm looking to purchase
Replies: 35
Views: 3439

Re: Need help with 3 rental properties I'm looking to purchase

One question I have is when I'm reporting my earnings, do I just report the rent I earned minus the amount of the loan per month or do I report the entire amount I grossed as earnings? The CPA shows all that on schedule D. You should get a lot of depreciation in the early years so this should only ...
by ugaDAWGS09
Thu Jan 26, 2017 7:27 pm
Forum: Personal Finance (Not Investing)
Topic: Need help with 3 rental properties I'm looking to purchase
Replies: 35
Views: 3439

Re: Need help with 3 rental properties I'm looking to purchase

One question I have is when I'm reporting my earnings, do I just report the rent I earned minus the amount of the loan per month or do I report the entire amount I grossed as earnings? The CPA shows all that on schedule D. You should get a lot of depreciation in the early years so this should only ...
by ugaDAWGS09
Thu Jan 26, 2017 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Need help with 3 rental properties I'm looking to purchase
Replies: 35
Views: 3439

Re: Need help with 3 rental properties I'm looking to purchase

One question I have is when I'm reporting my earnings, do I just report the rent I earned minus the amount of the loan per month or do I report the entire amount I grossed as earnings? The CPA shows all that on schedule D. You should get a lot of depreciation in the early years so this should only ...
by ugaDAWGS09
Thu Jan 26, 2017 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Need help with 3 rental properties I'm looking to purchase
Replies: 35
Views: 3439

Re: Need help with 3 rental properties I'm looking to purchase

Schedule E is where rentals are accounted for per your tax return . Don't be surprised when the depreciation expense creates a net loss , which will be deducted on line 17 of your 1040. So , the rentals can generate a nice tax write-off even though your bank account will show a nice cash balance . ...
by ugaDAWGS09
Thu Jan 26, 2017 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: Need help with 3 rental properties I'm looking to purchase
Replies: 35
Views: 3439

Re: Need help with 3 rental properties I'm looking to purchase

In short yes its added as income but considered passive so no fica tax. Rentals are not imo a good deal for "high" income people. When i get to "high" income i ak considering selling. There is one advantage to you. Depreciation will come off at 28% savings and is paid back at 25...
by ugaDAWGS09
Thu Jan 26, 2017 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: Need help with 3 rental properties I'm looking to purchase
Replies: 35
Views: 3439

Re: Need help with 3 rental properties I'm looking to purchase

One question I have is when I'm reporting my earnings, do I just report the rent I earned minus the amount of the loan per month or do I report the entire amount I grossed as earnings?
by ugaDAWGS09
Thu Jan 26, 2017 1:51 pm
Forum: Personal Finance (Not Investing)
Topic: Need help with 3 rental properties I'm looking to purchase
Replies: 35
Views: 3439

Need help with 3 rental properties I'm looking to purchase

I'm looking to purchase 3 apartments that will be used as rental properties. The apartments are currently owned by my grandmother and she is willing to sell them for a very good price. They were built in 2006 and have been appraised by the bank for 68k each, but she is willing to sell me all 3 for 1...
by ugaDAWGS09
Tue Dec 27, 2016 7:06 pm
Forum: Personal Consumer Issues
Topic: Best shows to see while in Vegas
Replies: 28
Views: 2539

Best shows to see while in Vegas

My wife and I are taking a trip to Vegas in May and we are looking for some advice on which shows to see. We went a couple years ago and saw Ka and David Copperfield, which we thought were both really good. My wife was actually used in one of Copperfield's acts and I was amazed how good the show was...
by ugaDAWGS09
Wed Dec 21, 2016 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Question about backdoor Roth
Replies: 3
Views: 465

Question about backdoor Roth

The past two years my wife and I have maxed out our Roth's via the backdoor method. However, I'm not sure if our income will exceed the limit for 2017 but I like to go ahead and max my Roth in January. If we go ahead and use the backdoor method but then don't exceed the max limit for a normal Roth I...
by ugaDAWGS09
Sun Dec 18, 2016 11:07 am
Forum: Personal Consumer Issues
Topic: Can I use this as a carry on?
Replies: 10
Views: 1341

Re: Can I use this as a carry on?

Thanks for the replies. It was given to me as a Christmas gift so I didn't get to pick it out.
by ugaDAWGS09
Sun Dec 18, 2016 8:27 am
Forum: Personal Consumer Issues
Topic: Can I use this as a carry on?
Replies: 10
Views: 1341

Can I use this as a carry on?

http://www.cheapluxurypurseshop.com/ind ... s_id=16800

The dimensions seem to be a little big for the depth portion of the bag?
by ugaDAWGS09
Fri Dec 16, 2016 5:20 pm
Forum: Investing - Theory, News & General
Topic: Investing in the current market?
Replies: 26
Views: 3432

Re: Investing in the current market?

I've always maxed out my Roth IRA in January, but honestly it may be a little harder to pull the trigger with the DOW hovering around 20k. I'm young so I know they say it doesn't make a difference, but it does make it more difficult to invest a lump sum with the markets are at all time highs. I have...
by ugaDAWGS09
Tue Dec 13, 2016 10:33 pm
Forum: Investing - Help with Personal Investments
Topic: Has anyone adjusted their retirement account AA with the market increase?
Replies: 26
Views: 2490

Re: Has anyone adjusted their retirement account AA with the market increase?

Thanks everyone, I guess it's just tempting to sell some stocks when they are at all time highs. I'll keep at my current AA but it will require some selling and buying. My 401k has shifted about 5% more than my desired AA towards stocks.
by ugaDAWGS09
Tue Dec 13, 2016 9:46 pm
Forum: Investing - Help with Personal Investments
Topic: Has anyone adjusted their retirement account AA with the market increase?
Replies: 26
Views: 2490

Has anyone adjusted their retirement account AA with the market increase?

I know many people on here, including myself, have saw their retirement accounts increase rapidly over the past couple of years. Would any of you consider adjusting your retirement accounts by selling some stocks and buying more stable value vehicles such as bonds? I know it's market timing and is i...
by ugaDAWGS09
Tue Dec 13, 2016 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: What % of your net income do you save (not including 401k/IRA)
Replies: 59
Views: 5624

Re: What % of your net income do you save (not including 401k/IRA)

My wife and I are fortunate enough to both have good paying jobs, so we are able to max out our 401k's and IRA's each year. I was looking at our net income and it looks like we are able to save about 20% of our net after maxing out these accounts. Our biggest expenses are our home 25% of net ( we p...
by ugaDAWGS09
Tue Dec 13, 2016 7:08 pm
Forum: Investing - Help with Personal Investments
Topic: What % of your net income do you save (not including 401k/IRA)
Replies: 59
Views: 5624

Re: What % of your net income do you save (not including 401k/IRA)

I'm not sure how useful this information in a vacuum is, since for families making under $200k, just maxing out 401k/IRA from 2 jobs might be all they need to fund a successful retirement. We save about 20% of net income. We also max out 401k/IRA/HSA. Honestly, it was just meant to be a talking poi...
by ugaDAWGS09
Tue Dec 13, 2016 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: What % of your net income do you save (not including 401k/IRA)
Replies: 59
Views: 5624

Re: What % of your net income do you save (not including 401k/IRA)

We made a list of savings goals and anything more than that is fun money. If we don't use the fun money, then we'll invest it. Max 401k/TSPs, Roth IRAs, College Fund for Kids, future house down payment, future car, and we have a fully funded 6 months emergency + 20% in case of market downturn. Ever...
by ugaDAWGS09
Tue Dec 13, 2016 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: What % of your net income do you save (not including 401k/IRA)
Replies: 59
Views: 5624

Re: What % of your net income do you save (not including 401k/IRA)

I think for a lot of people - maxing 401Ks/IRAs is ALL they do (if they even are able to max them) so you are doing really well but I don't know that you provided enough info to answer the question. In addition to KlangFool's questions - do you have kids and are you planning on putting them through...
by ugaDAWGS09
Tue Dec 13, 2016 6:55 pm
Forum: Investing - Help with Personal Investments
Topic: What % of your net income do you save (not including 401k/IRA)
Replies: 59
Views: 5624

Re: What % of your net income do you save (not including 401k/IRA)

Not enough information to really help. Maxing out your 401ks, Roth IRAs (back door method if needed), HSA, etc is a great place to start. Saving additional in taxable is also important. Will it make you financially independent? Maybe or maybe not. If you max out all your accounts and save a total o...
by ugaDAWGS09
Tue Dec 13, 2016 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: What % of your net income do you save (not including 401k/IRA)
Replies: 59
Views: 5624

Re: What % of your net income do you save (not including 401k/IRA)

My wife and I are fortunate enough to both have good paying jobs, so we are able to max out our 401k's and IRA's each year. I was looking at our net income and it looks like we are able to save about 20% of our net after maxing out these accounts. Our biggest expenses are our home 25% of net ( we p...
by ugaDAWGS09
Sun Dec 11, 2016 11:40 am
Forum: Investing - Help with Personal Investments
Topic: What % of your net income do you save (not including 401k/IRA)
Replies: 59
Views: 5624

What % of your net income do you save (not including 401k/IRA)

My wife and I are fortunate enough to both have good paying jobs, so we are able to max out our 401k's and IRA's each year. I was looking at our net income and it looks like we are able to save about 20% of our net after maxing out these accounts. Our biggest expenses are our home 25% of net ( we pa...
by ugaDAWGS09
Tue Oct 25, 2016 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: 25k to invest in CD or use for mortgage
Replies: 16
Views: 1722

Re: 25k to invest in CD or use for mortgage

WhiteMaxima wrote:1/3 CD, 1/3 Mortgage repaymemt, 1/3 Total Stock Stock Market.


This isn't a bad idea at all. I like splitting it up but might do 1/2 CD and 1/2 mortgage.
by ugaDAWGS09
Tue Oct 25, 2016 7:47 pm
Forum: Investing - Help with Personal Investments
Topic: 25k to invest in CD or use for mortgage
Replies: 16
Views: 1722

Re: 25k to invest in CD or use for mortgage

Sharing your mortgage rate would probably help get some answers. Are you even itemizing? What do you pay in mortgage interest at your remaining balance... $4k/yr? That's not worth much to you at this point, and I would say don't factor it in at all. Or, if the mortgage interest is such a big deal t...
by ugaDAWGS09
Tue Oct 25, 2016 7:44 pm
Forum: Investing - Help with Personal Investments
Topic: 25k to invest in CD or use for mortgage
Replies: 16
Views: 1722

Re: 25k to invest in CD or use for mortgage

mortfree wrote:not much info to go by...

is 25k a lot of money for you?

If not, I'd put it towards the mortgage but only if this is your forever home.


Well, 25k is a good bit of money, but not something I can't part with. This is definitely our forever home.
by ugaDAWGS09
Tue Oct 25, 2016 2:14 pm
Forum: Investing - Help with Personal Investments
Topic: 25k to invest in CD or use for mortgage
Replies: 16
Views: 1722

25k to invest in CD or use for mortgage

I've been opening up 5 year CD's for the last 3 years to increase my fixed income. However, this year the CD rates are so low and I'm not sure if I should invest in the best possible 5 year CD or put the money on my mortgage. I built the home in 2011 and currently owe about 120k on my mortgage (home...
by ugaDAWGS09
Mon Oct 03, 2016 4:42 am
Forum: Investing - Help with Personal Investments
Topic: Should I just use Wellington fund for my 401k
Replies: 8
Views: 1367

Should I just use Wellington fund for my 401k

My 401k is through Fidelity and my current breakdown is 70/30. I have it in 55% S & P 500 fund, 30% stable value fund, and 15% S & P Completion Index. However, my YTD return is 5.3% while Wellington is up 7.6% according to Morningstar. Am I overthinking this, should I just put my investment ...
by ugaDAWGS09
Tue Aug 02, 2016 7:23 pm
Forum: Personal Consumer Issues
Topic: Hyatt 2 free nights credit card
Replies: 40
Views: 3114

Re: Hyatt 2 free nights credit card

I used my free nights at the Grand Hyatt Kauai. I've since used points to stay at the Hyatt Zilara in Cancun. Both were great hotels and relatively easy to get to from the US. OP - make sure you realize that your annual free night can not be used for any Hyatt hotel like their signup 2-night bonus....
by ugaDAWGS09
Sun Jul 31, 2016 1:20 pm
Forum: Personal Consumer Issues
Topic: Looking to take first international trip
Replies: 43
Views: 2853

Re: Looking to take first international trip

How old are you and when is the next time you'd be likely to get back to Europe? We are both 31. I could see us going every 2-3 years, but most likely every 3rd would be a good guess. We like to take two annual trips each year, one to Steamboat Springs, Colorado and one to St. John. The past couple...
by ugaDAWGS09
Sun Jul 31, 2016 1:12 pm
Forum: Personal Consumer Issues
Topic: Looking to take first international trip
Replies: 43
Views: 2853

Re: Looking to take first international trip

As expected there are opinions all over the place as to whether you should focus in one city or try to see more. One thing to take into account is how often you expect to be able to do this type of travel. If your finances and schedule will allow you to go to Europe every year, then by all means pi...
by ugaDAWGS09
Sun Jul 31, 2016 1:09 pm
Forum: Personal Consumer Issues
Topic: Looking to take first international trip
Replies: 43
Views: 2853

Re: Looking to take first international trip

first international trip has to be a combo of london, paris, rome.......... not sure how much time and/or money you want to use/spend.... but i'd do london and one of paris/rome... probably do london/paris first as they're close together and simply amazing tourist attractions. when you digest that ...
by ugaDAWGS09
Sun Jul 31, 2016 12:44 pm
Forum: Personal Consumer Issues
Topic: Looking to take first international trip
Replies: 43
Views: 2853

Re: Looking to take first international trip

first international trip has to be a combo of london, paris, rome.......... not sure how much time and/or money you want to use/spend.... but i'd do london and one of paris/rome... probably do london/paris first as they're close together and simply amazing tourist attractions. when you digest that ...
by ugaDAWGS09
Sun Jul 31, 2016 12:42 pm
Forum: Personal Consumer Issues
Topic: Looking to take first international trip
Replies: 43
Views: 2853

Re: Looking to take first international trip

You will find that your US credit cards will work all across the world. Your sign and wipe, or chip and sign US cards should work everywhere. The VISA/MasterCard merchant agreements require that merchants be able to handle the different types of cards. Where you probably will have trouble is trying...
by ugaDAWGS09
Sun Jul 31, 2016 12:39 pm
Forum: Personal Consumer Issues
Topic: Looking to take first international trip
Replies: 43
Views: 2853

Re: Looking to take first international trip

We are really open to any options, but mostly we are talking about Rome and Paris. Are you limited as to when you can go? If you need to go in the middle of the summer then Rome would be too hot. We are not limited at all. We have plenty of time to plan for any month we choose to go. The only time ...
by ugaDAWGS09
Sun Jul 31, 2016 12:38 pm
Forum: Personal Consumer Issues
Topic: Looking to take first international trip
Replies: 43
Views: 2853

Re: Looking to take first international trip

Have not been to Rome, but I have been to Paris a few times. Where to go really depends on your interests. If art, what era? For us, the top 3 picks would be London, Paris, and Amsterdam. All off a tremendous amount and cater to some of our specific interests. Our first trip to London, we spent 3 d...
by ugaDAWGS09
Sun Jul 31, 2016 12:35 pm
Forum: Personal Consumer Issues
Topic: Looking to take first international trip
Replies: 43
Views: 2853

Re: Looking to take first international trip

Your question is made easy by the fact you have not been anywhere international. You sound like a curious couple so either that Rome or Paris you mention would be ideal. There will be many replies to this and you will get an earful of all sorts of places to go. You say you only have a week, so one ...
by ugaDAWGS09
Sun Jul 31, 2016 12:33 pm
Forum: Personal Consumer Issues
Topic: Looking to take first international trip
Replies: 43
Views: 2853

Re: Looking to take first international trip

If you have even basic knowledge of the local language, it is helpful (although English is spoken by many in countries where it isn't the primary language). London is a fascinating if you are interested in history, and you don't have the language barrier (mostly ). It is also a bit closer than the ...
by ugaDAWGS09
Sun Jul 31, 2016 12:32 pm
Forum: Personal Consumer Issues
Topic: Looking to take first international trip
Replies: 43
Views: 2853

Re: Looking to take first international trip

Fly into Rome, train to Termini station and then the train to Orvieto. With only a week, spend a couple nights each in Florence and Siena, ending with a couple nights in Rome. You can do alk of this by train I just worry that wouldn't be enough time to spend in Rome. I've done a little research and...
by ugaDAWGS09
Sun Jul 31, 2016 12:31 pm
Forum: Personal Consumer Issues
Topic: Looking to take first international trip
Replies: 43
Views: 2853

Re: Looking to take first international trip

happyisland wrote:There are so many wonderful places to go, but if you're thinking Europe (and you like to eat good food in a beautiful environment) I would recommend Tuscany and northern Italy.


Any certain cities in northern Italy I should look into?
by ugaDAWGS09
Sat Jul 30, 2016 4:53 pm
Forum: Personal Consumer Issues
Topic: Looking to take first international trip
Replies: 43
Views: 2853

Looking to take first international trip

My wife and I have decided to plan a trip overseas next year, but we are having a hard time deciding where to go. We are really open to any options, but mostly we are talking about Rome and Paris. We love to get out and sight see and like to stay active on our vacations. We aren't the type to go to ...
by ugaDAWGS09
Fri Jul 29, 2016 4:37 pm
Forum: Personal Consumer Issues
Topic: Need advice, dealer sold me wrong year golf cart
Replies: 35
Views: 2929

Re: Need advice, dealer sold me wrong year golf cart

Now that the crisis is averted, do you mind telling me what these golf carts are used for? It sounds like it's for more than golf, is it? If it's for golf, how often do you have to play to make owning one a good choice? If it's for transportation, are they allowed on streets? Sidewalks? Do you have...
by ugaDAWGS09
Fri Jul 29, 2016 2:11 pm
Forum: Personal Consumer Issues
Topic: Need advice, dealer sold me wrong year golf cart
Replies: 35
Views: 2929

Re: Need advice, dealer sold me wrong year golf cart

Well, I just called the guy and he's going to give me a full refund. I still see it as an honest mistake. I really thought he would just mail me a check for the difference in cost but offering me $200 wasn't enough. If he would have said $500 since I had to deal with the aggravation and even push th...