Search found 35 matches

by imfocusedman
Tue Jul 02, 2019 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Where to park $50K for highest possible return but zero risk?
Replies: 32
Views: 6793

Re: Where to park $50K for highest possible return but zero risk?

How long are you parking for? Plenty of high yield online savings accounts giving 2%+. More than that for CDs if you don’t need flexibility.
by imfocusedman
Wed Jun 05, 2019 6:41 am
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 40775

Re: For those who earn $500k+ per year. How'd you do that?

$500k+ per year is doable working on "Wall Street", but a good portion of that will likely be in the form of an at least somewhat subjective and discretionary annual bonus (could be combination of cash and deferred stock). While my data may be somewhat stale, someone at the VP / Director level migh...
by imfocusedman
Wed Jun 05, 2019 6:33 am
Forum: Personal Finance (Not Investing)
Topic: For those who earn $500k+ per year. How'd you do that?
Replies: 369
Views: 40775

Re: For those who earn $500k+ per year. How'd you do that?

The lower end of middle level management at any significant western corporation should get you there, although you may need to include bonus and stock in some cases. This is my experience as well although I would edit to say you “will” need to include target bonus and RSUs/options to hit this level...
by imfocusedman
Wed Apr 24, 2019 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Debt Repayment vs Continued Investment: philosophical question?
Replies: 5
Views: 379

Re: Debt Repayment vs Continued Investment: philosophical question?

Small point but sounds like you’ve refi’d with First Republic. The early payoff refund is interest paid up to 2% of original loan balance.
by imfocusedman
Wed Apr 10, 2019 6:44 am
Forum: Personal Finance (Not Investing)
Topic: Not much work at new megacorp job
Replies: 70
Views: 6257

Re: Not much work at new megacorp job

I know folks are going to say to ask for more work but I can't get motivated by being busy doing nothing.. That isn't what people mean. When you ask for more work, the goal isn't to get 'nothing' in return. The expectation is that you'll either get more of the same work, help out on a high priority...
by imfocusedman
Fri Mar 08, 2019 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: Employee stock options investment thesis?
Replies: 29
Views: 1961

Re: Employee stock options investment thesis?

Would be curious to see that equation. Sounds like the revised answer is to hold 10 year options for 9 years and 364 days if you can stomach it. Thanks for all the input. Will have some fun with this one.
by imfocusedman
Thu Mar 07, 2019 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Finished with Student Loans! Thanks, Bogleheads (and WCI)
Replies: 5
Views: 860

Re: Finished with Student Loans! Thanks, Bogleheads (and WCI)

Great post. Thanks for sharing and congratulations!
by imfocusedman
Thu Mar 07, 2019 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: how to handle w2c for tax filing
Replies: 1
Views: 154

Re: how to handle w2c for tax filing

I had this too. I added a new code into Box 12a with the updated info.
by imfocusedman
Thu Mar 07, 2019 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Employee stock options investment thesis?
Replies: 29
Views: 1961

Re: Employee stock options investment thesis?

Thanks all. Mike- helpful links. Appreciate that. Surprised to hear some say “sell the moment they are in the money” by definition that would mean they will be worth $0.01. That’s different than “sell the moment that they vest, assuming they are in the money”, which I would have assumed was the righ...
by imfocusedman
Wed Mar 06, 2019 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: Employee stock options investment thesis?
Replies: 29
Views: 1961

Employee stock options investment thesis?

For those of you that are granted stock options through your employer (publicly traded), what’s the best way to exercise your options upon vesting to avoid market timing? Specifically, I’m thinking about two different circumstances. The one where the options are “in the money” when they vest is more...
by imfocusedman
Thu Dec 13, 2018 6:02 am
Forum: Personal Finance (Not Investing)
Topic: Megacorp Interview Advice
Replies: 12
Views: 1829

Re: Megacorp Interview Advice

Agree without Tony. Might also set up some coffee chats with peers on the new team / future potential direct reports to learn more about the culture, requirements, ways of working, etc.
by imfocusedman
Wed Nov 28, 2018 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Restaurant Budget
Replies: 113
Views: 7285

Re: Restaurant Budget

Here we go again. Family of 4 in HCOL, we budget $1000 for restaurants (mostly weekend dinners and weekday lunches/coffees) and $800 for groceries (weekday dinners and all the other things that fill the fridge and pantry).
by imfocusedman
Sun Nov 25, 2018 10:00 pm
Forum: Personal Finance (Not Investing)
Topic: A testimony of not giving up... Got the promotion!
Replies: 10
Views: 1928

Re: A testimony of not giving up... Got the promotion!

Congrats and thanks for the follow up.
by imfocusedman
Sun Nov 18, 2018 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Negotiating offer when you gave a number early in the interview
Replies: 23
Views: 2778

Re: Negotiating offer when you gave a number early in the interview

Agree completely with Earl L. First number you gave was an assessment of what it would take to make it worth everyone’s while to have the discussions. Now that you have additional information, you have adjusted your requirements. No one is forcing anyone on either side to do anything. If offered the...
by imfocusedman
Tue Nov 13, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: When to follow up after job interview
Replies: 18
Views: 1121

Re: When to follow up after job interview

To provide a counter argument, I don’t see anything wrong with sending another follow-up email this week to demonstrate continued interest. You might include something you read or saw in the news related to the industry or company. Agree that if you are the top candidate they will not forget you, bu...
by imfocusedman
Sun Nov 11, 2018 9:42 pm
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 12654

Re: If expenses are low, are some of us over saving?

We can argue about details for ever but basically some people will say how can I possibly spend 4k/month and someone else is going to go there is no possible way I can live on 4k/month. Both are true and really aren't worth discussing as they are very personal choices. What I do find suspect is the...
by imfocusedman
Thu Nov 08, 2018 7:38 pm
Forum: Personal Consumer Issues
Topic: High-end Christmas decorations
Replies: 41
Views: 4479

Re: High-end Christmas decorations

Mackenzie-Childs
by imfocusedman
Thu Nov 08, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 12654

Re: If expenses are low, are some of us over saving?

Helpful to hear from everyone and seems that at least some see it the same way I do. I’m not suggesting no savings or extreme lifestyle creep. I’m suggesting that a couple earning $250k, who might be paying a $4k mortgage and maxing 2 401k’s is “living on” less than $100k/year after taxes, mortgage ...
by imfocusedman
Wed Nov 07, 2018 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 12654

Re: If expenses are low, are some of us over saving?

Thanks for all the replies. Understanding the nuances and differing opinions, I guess the real question is if ones current expenses (after retirement savings, after HSA, after mortgage, after debt repayment) are less than projected SS benefit, and you already have a decent sized retirement savings b...
by imfocusedman
Wed Nov 07, 2018 5:28 pm
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 12654

If expenses are low, are some of us over saving?

The thread on Baby Boomer savings brought this to mind. For a higher earning couple, assuming they’re debt free and have a paid off home at retirement, why not aim to have expenses be at/below the expected Social Security benefit? Assuming that’s ~$3k to cover property taxes, healthcare, food, trans...
by imfocusedman
Tue Oct 30, 2018 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: "Do you have any questions for the interview panel?" Suggestions.
Replies: 14
Views: 1429

Re: "Do you have any questions for the interview panel?" Suggestions.

Congrats on the interviews and good luck in the process. For these situations, I find it best to anchor yourself around things you would truly want to know to help make your decision. Would not treat it as a throwaway. Imagine yourself with the offer in hand - what do you still need to know before y...
by imfocusedman
Thu Oct 18, 2018 1:03 pm
Forum: Personal Investments
Topic: 401K Rollover to New Employer
Replies: 7
Views: 639

Re: 401K Rollover to New Employer

My choice to not roll to IRA was based on a couple of things:

1. Flexibility to take 401k loan if needed
2. Blocks (or at least creates some headache for) doing a Backdoor Roth (if currently have $0 balance in Traditional IRA, as I did)
by imfocusedman
Wed Oct 17, 2018 12:17 pm
Forum: Personal Investments
Topic: advice on first home
Replies: 28
Views: 1874

Re: advice on first home

my mortgage is $1,500 a month, but total expenses per month are around $5K, so make sure you understand taxes, utilities, etc and factor those into your new budget. I think you should keep renting, boost your 401K to the max, and save as much as you can for an eventual 20% downpayment. Buy a house ...
by imfocusedman
Thu Sep 20, 2018 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: New job offer
Replies: 14
Views: 2067

Re: New job offer

Good luck in the new role!
by imfocusedman
Wed Sep 19, 2018 5:15 am
Forum: Personal Finance (Not Investing)
Topic: Student Loan Debt Repayment
Replies: 36
Views: 2417

Re: Student Loan Debt Repayment

I checked Earnest and CommonBond. Their fixed rates ranged 3.5-3.75%. I applied and chose a variable 2.47% rate. I plan to pay this off within the next 15 months, so even if LIBOR increased by 1% during that time (possible, but unlikely), it's still less than 3.5%. Refi done. :sharebeer Sounds like...
by imfocusedman
Tue Aug 14, 2018 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Refinance student debt
Replies: 8
Views: 803

Re: Refinance student debt

OP is talking about paying off in 40 months or less. How is loan forgiveness in the discussion?
by imfocusedman
Mon Aug 13, 2018 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance student debt
Replies: 8
Views: 803

Re: Refinance student debt

First Republic is likely to have best rates- especially for 4 year term, if you qualify - geography/income/debt/cash position dependent.

Good features like giving back part of the interest if paid in under 4 years.

Lots of BH threads about this topic- do a search.
by imfocusedman
Fri Aug 10, 2018 7:14 am
Forum: Personal Finance (Not Investing)
Topic: Response from boss re: market analysis
Replies: 71
Views: 8207

Re: Rude response from boss re: market adjustment

What about this response do you consider rude? Seems as though you got a very clear and direct response to your request. Would the non-rude response have been if they said yes? As others have said, you got your answer and your choices are clear. My experience with these types of things usually ended...
by imfocusedman
Tue May 15, 2018 10:18 am
Forum: US Chapters
Topic: Yes, I'm 89 all right! [Jack Bogle]
Replies: 126
Views: 14929

Re: Yes, I'm 89 all right!

Thank you for all that you’ve done! It’s great to see you posting here - my daily read for the past several years. The thinking and guidance of this group has transformed my life!
by imfocusedman
Sat Nov 25, 2017 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: Question re Federal Tax Credit for EVs and Plug-In Hybrids
Replies: 6
Views: 680

Re: Question re Federal Tax Credit for EVs and Plug-In Hybrids

I think that depends on whether you lease or buy. When I leased an EV earlier this year, the dealership passed on the $7,500 federal rebate directly to the cost of the lease, with no need to provide any tax information.
by imfocusedman
Sun Jan 31, 2016 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Social Security for ex-spouse
Replies: 1
Views: 517

Social Security for ex-spouse

Hi all, I'm writing on behalf of my mother, who has a few questions regarding choosing when and the right way to take SS benefits. I'm mostly a rookie on this, but a recent thread sparked these questions. The basic situation is as follows: Mom turns 64 this year. Ex-husband (Dad) will turn 66. Both ...
by imfocusedman
Fri Oct 16, 2015 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Job search advice
Replies: 1
Views: 478

Job search advice

Looking for some advice from the smartest group of people I can find. I'm in the process of interviewing for 2 jobs with the same company. Each are very different: Job A: Higher title, lower growth potential Job B: Higher growth potential I came in to discuss Job A, and got pulled in to discuss Job ...