Search found 205 matches

by DoTheMath
Mon Apr 23, 2018 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Old job 403b New job 401a
Replies: 7
Views: 318

Re: Old job 403b New job 401a

Also, if you have a 457b, then there are significant differences in the governmental and non-governmental versions. And there are also differences from employer to employer on how these plans are actually implemented. For example, as was mentioned, you may or may not have the option to use a Roth (i...
by DoTheMath
Mon Apr 23, 2018 6:06 pm
Forum: Investing - Help with Personal Investments
Topic: Old job 403b New job 401a
Replies: 7
Views: 318

Re: Old job 403b New job 401a

Old: Currently, I invest in my employers 403b voluntarily (with no match) through Fidelity. This year I have contributed $4500 in pre-tax and $2000 post tax. New: I am going to start a new job this summer.The new employer offers a 401a (with match, yay!). I don't know too much about 401a, but seems...
by DoTheMath
Wed Apr 11, 2018 8:33 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs TIAA
Replies: 58
Views: 1676

Re: Vanguard vs TIAA

The funds available from all three companies are good and low cost. From your post, I gather that you are a beginner. I suggest that you leave everything at TIAA for now, take a year to read more about investing and cost, and make a decision in one year. +100 Your first priority is to stop, take a ...
by DoTheMath
Thu Apr 05, 2018 12:23 pm
Forum: Personal Finance (Not Investing)
Topic: Asking for a raise/promotion with another offer in hand
Replies: 103
Views: 6592

Re: Asking for a raise/promotion with another offer in hand

I don't have anything to add except to say congratulations! Either way, it sounds like you'll be much better off. I am also struck by the stark difference between this discussion and the one about an outside offer in academia: https://www.bogleheads.org/forum/viewtopic.php?t=243809 They are truly tw...
by DoTheMath
Sun Mar 25, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Hobby Property for "tinkering"
Replies: 14
Views: 1906

Re: Hobby Property for "tinkering"

A friend of mine has such a property out on the edge of town. He bought his as a FSBO and found it on craigslist. Since it's a "what you see is what you get" sort of thing, it is pretty low risk as far as real estate purchases go. I would guess that this sort of property is frequently sold as a FSBO...
by DoTheMath
Thu Mar 22, 2018 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: To Move or Not To Move - Couldn't be more of a Coinflip! (Help Please)
Replies: 82
Views: 6967

Re: To Move or Not To Move - Couldn't be more of a Coinflip! (Help Please)

Ok, got the retention package. It is very fair. Significant salary bump (>50%). An amount of $ that would make a real difference for the family. Not quite at the level of the private school, but in the same general ballpark. Any helpful comments welcome....thanks everyone. It sounds like the salary...
by DoTheMath
Thu Mar 15, 2018 8:06 am
Forum: Personal Finance (Not Investing)
Topic: To Move or Not To Move - Couldn't be more of a Coinflip! (Help Please)
Replies: 82
Views: 6967

Re: To Move or Not To Move - Couldn't be more of a Coinflip! (Help Please)

Have you considered trying the new position while taking a year's unpaid leave of absence from your current school? My situation was a bit different, but I got to a point when I was unhappy with several aspects of the town and school environment and was ready to leave my tenured position. My depart...
by DoTheMath
Mon Mar 12, 2018 10:05 am
Forum: Personal Finance (Not Investing)
Topic: To Move or Not To Move - Couldn't be more of a Coinflip! (Help Please)
Replies: 82
Views: 6967

Re: To Move or Not To Move - Couldn't be more of a Coinflip! (Help Please)

If your current employer is preparing a retention offer because you told them you are considering a move, why aren't they paying you more already? In other threads concerning job offers in fields outside academia, most people say "retention" offers by current employers are the kiss of death, i.e., ...
by DoTheMath
Mon Mar 12, 2018 9:01 am
Forum: Personal Finance (Not Investing)
Topic: To Move or Not To Move - Couldn't be more of a Coinflip! (Help Please)
Replies: 82
Views: 6967

Re: To Move or Not To Move - Couldn't be more of a Coinflip! (Help Please)

If your current employer is preparing a retention offer because you told them you are considering a move, why aren't they paying you more already? In other threads concerning job offers in fields outside academia, most people say "retention" offers by current employers are the kiss of death, i.e., ...
by DoTheMath
Mon Mar 12, 2018 8:45 am
Forum: Personal Consumer Issues
Topic: Android (4.3)--app lockers and lending?
Replies: 5
Views: 313

Re: Android (4.3)--app lockers and lending?

I'd probably just do a backup of the phone to my computer, do a factory wipe of the phone before giving it to my friend, and then use the backup to revert the phone to its previous state once I had it back. There may be more surgical approaches, but a wipe is the simplest method. On an iphone, at le...
by DoTheMath
Sat Mar 10, 2018 7:48 pm
Forum: Personal Finance (Not Investing)
Topic: To Move or Not To Move - Couldn't be more of a Coinflip! (Help Please)
Replies: 82
Views: 6967

Re: To Move or Not To Move - Couldn't be more of a Coinflip! (Help Please)

First off, congratulations! Such an offer speaks volumes about you and your work. Well earned! It sounds like it more or less hinges on the retention offer. If your current U. can get reasonably close, then staying sounds more appealing. Being in a good department with good colleagues, having the re...
by DoTheMath
Wed Mar 07, 2018 7:56 pm
Forum: Investing - Theory, News & General
Topic: The Illusion of "The Long-Term Average" in Investing
Replies: 61
Views: 7784

Re: The Illusion of "The Long-Term Average" in Investing

Thanks for the thought provoking post and discussion! It helped kick away some mental crutches I was only half aware I was using.
by DoTheMath
Fri Mar 02, 2018 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Side Hustle: Hourly financial planning
Replies: 44
Views: 4745

Re: Side Hustle: Hourly financial planning

It sounds like you might be more interested in being a financial coach:

https://www.kitces.com/blog/financial-c ... ecome-one/
by DoTheMath
Mon Feb 26, 2018 12:01 pm
Forum: Personal Consumer Issues
Topic: 3 layers of roof. Pull my offer??
Replies: 63
Views: 5885

Re: 3 layers of roof. Pull my offer??

When we bought our house it had 3 layers. Our insurance company wouldn't insure the house without replacing it. They don't hold up well and are prone to failure. If I recall correctly, the insurance company agreed to give us 6 months to replace the roof and have their inspector confirm it, or they'd...
by DoTheMath
Tue Jan 16, 2018 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Considering PhD...but so much to consider...
Replies: 51
Views: 3670

Re: Considering PhD...but so much to consider...

The real question is what you'd like to be doing in 10 years and why. I would look to model yourself on people who now have jobs similar to what you would like to have in the future. If the goal is to increase your earning potential and career opportunities, then there are much less arduous ways the...
by DoTheMath
Mon Jan 08, 2018 11:18 am
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 7719

Re: Are Password Managers Really Necessary?

My "password manager" is a piece of paper with my various usernames and passwords written on it. This is folded over once (my version of encryption) and tucked in a drawer with a bunch of boring paperwork in it. Pro: I don't have to worry about the security of the algorithm, or unknown back door vu...
by DoTheMath
Sun Dec 17, 2017 6:01 pm
Forum: Personal Consumer Issues
Topic: The M in STEM -- Math Activities for Elementary Kids
Replies: 11
Views: 1265

Re: The M in STEM -- Math Activities for Elementary Kids

You might be interested in the Global Math Project: https://www.explodingdots.org . This year was their first year of an annual event. They built an entire sequence of activities around Exploding Dots. If I were to do it live with kids, I'd think about making it hands on with poker chips (possibly o...
by DoTheMath
Sat Dec 09, 2017 7:20 am
Forum: Personal Finance (Not Investing)
Topic: How to lead a horse to (boglehead) water?
Replies: 10
Views: 887

Re: How to lead a horse to (boglehead) water?

In addition to "If You Can" I would share a link to MMM and his article on the math of early retirement: http://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/ MMM's writing style is more likely to speak to a young person than most of the stuff that's out there...
by DoTheMath
Sat Oct 14, 2017 12:51 pm
Forum: Investing - Help with Personal Investments
Topic: Suggestions on managing 401k when fees are high
Replies: 4
Views: 399

Re: Suggestions on managing 401k when fees are high

If you prefer target date funds, I would double check on your offerings. Since you have Fidelity Freedom 20xx you may well have Fidelity Freedom Index 20xx as well, it just might be hidden. For example, you may have access to a brokerage window which lets you invest in a bunch of additional funds fo...
by DoTheMath
Fri Oct 13, 2017 4:25 pm
Forum: Personal Consumer Issues
Topic: Anyone Ever Jackhammered a Concrete Patio?
Replies: 27
Views: 1946

Re: Anyone Ever Jackhammered a Concrete Patio?

The thickness of the slab is an important question. Ours was 6-7 inches thick with some rebar, and it took me most of a day with a concrete saw and sledgehammer to remove a 2' x 20' strip. Not easy work! If it was a 3 inch slab it would have been no big deal. In any case, renting a jackhammer would ...
by DoTheMath
Sun Oct 08, 2017 8:10 am
Forum: Personal Consumer Issues
Topic: Password Protection
Replies: 83
Views: 7101

Re: Password Protection

Check out LastPass. I cannot recommend this highly enough. Yes, you have to trust your info "in the cloud", and that it is all properly encrypted and protected, but, IMHO, the benefits outweigh the risk. I can't imagine a worse place to store your passwords than in the cloud. If your data is proper...
by DoTheMath
Wed Sep 13, 2017 3:36 pm
Forum: Investing - Help with Personal Investments
Topic: Reaching 401k Max
Replies: 15
Views: 1783

Re: Reaching 401k Max

Enragingly, they recently changed it for us and now you indicate your desired withholding as a percentage of your salary. This makes the math more annoying -- especially if your salary varies due to raises, supplemental pay, leaves of absences, etc. Of course, was done in the name of being more conv...
by DoTheMath
Thu Aug 31, 2017 9:07 pm
Forum: Investing - Help with Personal Investments
Topic: suggestion on buying our first home
Replies: 31
Views: 3048

Re: suggestion on buying our first home

Congratulations on graduating and landing tenure track jobs! And double congratulations on solving the two-body problem! That's extremely difficult in the best of circumstances. I have a friend at USU and, as an avid outdoors person, he loves living in Logan (and I love visiting him! :). 700k buys a...
by DoTheMath
Mon Aug 21, 2017 9:40 am
Forum: Personal Finance (Not Investing)
Topic: How to Pay Grad School Loans
Replies: 8
Views: 1125

Re: How to Pay Grad School Loans

Option A: Take full $40k loan (20K each semester), pay for school with 20K, take additional 20K @ 7% interest, invest in 50/50 international and S&P500 index Funds and gamble on making more then 7% return. I though you were keeping a safety net, not gambling on a higher return. If you do take the a...
by DoTheMath
Sun Jul 30, 2017 6:56 am
Forum: Personal Consumer Issues
Topic: About to buy a rental car, any advice?
Replies: 54
Views: 4643

Re: About to buy a rental car, any advice?

I buy and sell hundreds of rental cars a year. I have far fewer issues with rentals than used car trade ins. Far fewer. Rental cars have been maintained by the book and washed often. Generally, rental cars are not driven by kids that abuse them. Sure, it happens but odds are, they are driven be bus...
by DoTheMath
Sat Jul 22, 2017 2:17 pm
Forum: Personal Consumer Issues
Topic: Shopping for first bike since I was a kid
Replies: 121
Views: 8789

Re: Shopping for first bike since I was a kid

Update: DW and I are now bikers. 8-) .... So we spent the evening riding around..through the neighborhood, to the park, to the store, and to dinner. It was awesome! Very happy. Thanks to all for the info on this thread! Congrats! Those bikes will serve you well. And it's great that you've found a L...
by DoTheMath
Thu Jul 20, 2017 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Personal Finance Milestone: 20 Times Annual Expense
Replies: 95
Views: 10288

Re: Personal Finance Milestone: 20 Times Annual Expense

Congratulations KlangFool! A hard won accomplishment, indeed! Thanks for your contributions to BH. You provide a welcome counterweight to folks' over-optimism by reminding folks that a lot can happen over the course of a person's life. Even when I don't agree, you always give me food for thought.
by DoTheMath
Tue Jul 18, 2017 9:26 am
Forum: Personal Consumer Issues
Topic: Essential Bike (bicycle) Accessories
Replies: 71
Views: 5018

Re: Essential Bike (bicycle) Accessories

I've ridden bikes a lot, both competitively and for errands round town. I'm not a tree-hugging bike lover that NEEDS to force myself onto a bike for everything, but I do enjoy them. I've ridden in nearly everything from heavy urban commuting in LA during rush hour to lovely tranquil mountain tour r...
by DoTheMath
Mon Jul 17, 2017 11:59 am
Forum: Personal Consumer Issues
Topic: Essential Bike (bicycle) Accessories
Replies: 71
Views: 5018

Re: Essential Bike (bicycle) Accessories

For most things you will have to judge for yourself and upgrade as needed. I would second the recommendation to have front and rear lights. I use the rear light in blinking mode even during the day for safety's sake. A comfortable helmet, too, of course. Having gloves and a seat you find comfortable...
by DoTheMath
Thu Jul 13, 2017 11:16 am
Forum: Personal Consumer Issues
Topic: can a city mandate garbage & recycling service? is that legal?
Replies: 36
Views: 2980

Re: can a city mandate garbage & recycling service? is that legal?

Sure. Unless a higher authority (e.g. the state, the feds) forbids it, I expect that this would be considered well within the city's purview. No different than a city sales tax, minimum wage, stormwater fees, etc.
by DoTheMath
Tue Jun 27, 2017 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Realtor fee negotiations
Replies: 27
Views: 3132

Re: Realtor fee negotiations

I am not a realtor but in the development business. Most people who go the FSBO route do save commissions, but they sell for a lesser price than a full service realtor and thus actually ending up netting less. In my business of buying and selling real estate I've found a good realtor is invaluable....
by DoTheMath
Fri Jun 23, 2017 10:56 am
Forum: Investing - Help with Personal Investments
Topic: Questions for DieHards after reading "The Bogleheads' Guide to Investing"
Replies: 41
Views: 4756

Re: Questions for DieHards after reading "The Bogleheads' Guide to Investing"

Yeah.....I know you are right, but sometimes I feel like it's hopeless trying to get ahead...I hate putting investing off even longer because I'm already getting a late start and I am terrified of being an 80 year old Wal-Mart greeter because I didn't plan well for retirement. I guess this is the p...
by DoTheMath
Wed Jun 21, 2017 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: SURS help [State Universities Retirement System]
Replies: 10
Views: 1309

Re: SURS help [State Universities Retirement System]

Please post further details. Even a summary of each of the options and a link to the plan descriptions would be helpful. Folks will be able to ask followup questions once we know the lay of the land.
by DoTheMath
Sun Jun 18, 2017 3:06 pm
Forum: Personal Consumer Issues
Topic: Alternatives to Amazon, Freebooksy, Bookbub, etc.
Replies: 15
Views: 2066

Re: Alternatives to Amazon, Freebooksy, Bookbub, etc.

Another vote for the local library. One thing to look at is if you can also get borrowing privileges from another library. My town's library has a partnership with the neighboring city's library system. They are a bigger library and offer a wider selection. Between the two I can get many of the curr...
by DoTheMath
Tue Jun 13, 2017 9:56 am
Forum: Personal Consumer Issues
Topic: Deck replacement- Composite material recommendations
Replies: 22
Views: 3115

Re: Deck replacement- Composite material recommendations

Having heard complaints about Trex from my friends, I found this http://zuri.royalbuildingproducts.com/zuri/premium-decking/ while researching. Expensive, but supposed to be great. What sort of complaints have you heard? We in the midst of selecting materials for a covered porch and were thinking o...
by DoTheMath
Sun Jun 11, 2017 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Help with old 403B plan from previous employer
Replies: 5
Views: 716

Re: Help with old 403B plan from previous employer

If you want to set it and forget it, then definitely an index target date fund is the way to go. A 2050 fund will be 90+% stock and will pretty much track the S&P 500 for the next decade or two. It will eventually start tilting itself out of stocks and into bonds to reduce volatility as you get clos...
by DoTheMath
Sun Jun 11, 2017 7:14 am
Forum: Investing - Help with Personal Investments
Topic: Help with old 403B plan from previous employer
Replies: 5
Views: 716

Re: Help with old 403B plan from previous employer

You are young and have plenty of time. The first thing I would do is to take some time to learn and make a plan in which you have confidence. That doesn't mean you have to have all the details nailed down before doing anything, but you should know how much you need to be saving to retire when and ho...
by DoTheMath
Thu Jun 08, 2017 7:25 pm
Forum: Personal Consumer Issues
Topic: Buying a house for the 1st time - what should I look out for?
Replies: 21
Views: 2297

Re: Buying a house for the 1st time - what should I look out for?

Lots of good advice given above. You will invariably have to put money into the house, but if you can avoid an unpleasant surprise with the really big ticket items (roof, HVAC, foundation, sewer, etc.) then you will have a good start. House inspecting can be a shady business. Certainly the one we ha...
by DoTheMath
Tue Jun 06, 2017 2:39 pm
Forum: Personal Consumer Issues
Topic: Home siding thoughts
Replies: 32
Views: 3929

Re: Home siding thoughts

We have Hardiboard siding. We went with that as a replacement for the decrepit wood siding left to us by the previous owners. We've been very happy with it. We live in an area with strong sun and hail and after 8 years it looks like new. That said, it's definitely not the cheapest option!
by DoTheMath
Fri Jun 02, 2017 6:16 pm
Forum: Investing - Help with Personal Investments
Topic: Is there a way on earth to reduce SS taxes?
Replies: 54
Views: 5919

Re: Is there a way on earth to reduce SS taxes?

Geologist wrote:The easiest way to reduce all taxes is to have no income period. This has other undesirable consequences.

Your aim should be maximizing after-tax income; that is not the same thing as minimizing taxes.
+1
by DoTheMath
Fri May 19, 2017 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: One time chance to reselect Defined Benefits or Defined Contribution
Replies: 35
Views: 3720

Re: One time chance to reselect Defined Benefits or Defined Contribution

You can use a calculator on the social security website to estimate your SS benefits. Even better, you can create an account and see exactly what they have on record for you for SS contributions and, hence, your eventual benefit. This will eliminate one of the unknowns in your considerations.
by DoTheMath
Wed May 10, 2017 9:10 am
Forum: Investing - Help with Personal Investments
Topic: Why rollover to active 403b?
Replies: 7
Views: 852

Re: Why rollover to active 403b?

If your current 403b offers good investment options, then I would roll it over to them just for the simplicity of having everything in one place. However, it's not any more work to have multiple providers (I have both Vanguard and Fidelity). If your 403b options are even slightly worse than what you...
by DoTheMath
Sat May 06, 2017 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: Wife getting PhD, how to fund? (student vs 401k loan vs home equity, etc)
Replies: 50
Views: 4053

Re: Wife getting PhD, how to fund? (student vs 401k loan vs home equity, etc)

These posts are always a little discouraging because we always get the ROI posts, and the "if you're not a in a top X program you'd just as may kill yourself now" posts, where X is always the ranking of the program of the person posting. Almost always more education will open some opportunities tha...
by DoTheMath
Fri May 05, 2017 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Wife getting PhD, how to fund? (student vs 401k loan vs home equity, etc)
Replies: 50
Views: 4053

Re: Wife getting PhD, how to fund? (student vs 401k loan vs home equity, etc)

This business with the fees is unfortunate but very common. Back when most of us were in school, a fee was for a targeted expense (the gym, to support student government, whatever), but now it is mostly about another revenue source for the university. In many places it is difficult or impossible (be...
by DoTheMath
Fri May 05, 2017 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Unmarried couple purchasing a home?
Replies: 72
Views: 5419

Re: Unmarried couple purchasing a home?

Unmarried people get involved in lots of contracts. Unmarried people regularly buy property together. In many countries around the planet, unmarried people commonly buy houses together. The general guidance is: talk to a real estate lawyer in your jurisdiction and don't listen to a bunch of extreme...
by DoTheMath
Thu May 04, 2017 9:05 pm
Forum: Investing - Help with Personal Investments
Topic: Pension vs 401k
Replies: 33
Views: 3176

Re: Pension vs 401k

The first thing to do is to run a range of scenarios in a spreadsheet using the particulars of your own plan options and see what your range of outcomes might be. Some of the above comments generate more heat than light. I would take them with a grain of salt and worry more about the details of your...
by DoTheMath
Tue Apr 18, 2017 8:16 pm
Forum: Personal Consumer Issues
Topic: Reconditioned power tools worth it?
Replies: 6
Views: 831

Re: Reconditioned power tools worth it?

Twice I've boughten reconditioned power tools and both times was very happy. There was a substantial discount and the tools were like new.