Search found 25 matches

by EJS22
Wed Jan 11, 2017 1:55 pm
Forum: Personal Consumer Issues
Topic: Selling Car - Private Sale vs CarMax vs Dealer
Replies: 66
Views: 17786

Re: Selling Car - Private Sale vs CarMax vs Dealer

One of the local community college uses their parking lot to sell used cars over the weekend. You pay them a small fee, post the ad on craigslist, leave your car there for the weekend for people to come look at. Really nice to have since they allow people to look in the cars, pop the hood etc withou...
by EJS22
Mon Dec 12, 2016 4:42 pm
Forum: Personal Finance (Not Investing)
Topic: New Boss - Bonus Different This Year
Replies: 12
Views: 1341

Re: New Boss - Bonus Different This Year

... The company has never put anything in writing regarding bonuses. Maybe it is just me being naive but shouldn't they oblige by the pretenses/promises that the old boss made on behalf of the company? ... Unfortunately you may be naive. One would expect an ethical company to honor its manager's pr...
by EJS22
Mon Dec 12, 2016 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: New Boss - Bonus Different This Year
Replies: 12
Views: 1341

Re: New Boss - Bonus Different This Year

Fits one of my fav quotes... after all is said and done more is said than done..... You cannot rely on whatever is said unless it's documented. Talk to new boss... talk about what has been talked about in the past fine... but it means little in the end. Good quote - totally applicable. ... The comp...
by EJS22
Mon Dec 12, 2016 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: New Boss - Bonus Different This Year
Replies: 12
Views: 1341

Re: New Boss - Bonus Different This Year

Curious for those in management here, when an employee asks for something in writing does it have any negative effect on how you view them? As if they don't trust you?
by EJS22
Mon Dec 12, 2016 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: New Boss - Bonus Different This Year
Replies: 12
Views: 1341

Re: New Boss - Bonus Different This Year

Ask your boss for a meeting. Have a list of what you should have coming to you, what you have received and what you feel is still outstanding. I would include the reduced bonus, tuition and new project commission as major discussion points. Good advice thank you, how detailed of an agenda should gi...
by EJS22
Mon Dec 12, 2016 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: New Boss - Bonus Different This Year
Replies: 12
Views: 1341

New Boss - Bonus Different This Year

Bogleheads, Looking for some advice on how to handle a work situation since everyone seems to provide pretty good advice on this forum. I have new boss this year that came into the position about three quarters of the way through the fiscal year when my old boss quit. When I was hired my old boss pr...
by EJS22
Wed Nov 02, 2016 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: Lending Club desperate for investors?
Replies: 87
Views: 10667

Re: Lending Club desperate for investors?

I was also a strong proponent of LC, had solid returns for a few years (8% return on seasoned notes). My loans have been tanking for the past 6 or 7 months and now my return is around 3.4%. Something isn't going well. I stopped buying new notes about a week ago but have filters set up to buy seconda...
by EJS22
Mon Oct 31, 2016 3:05 pm
Forum: Personal Consumer Issues
Topic: which engineering major for renewables
Replies: 62
Views: 5113

Re: which engineering major for renewables

I work in the energy efficiency/renewable space and have a mechanical engineering degree. I take existing technologies and apply them to customer sites. There are a lot of mechanical engineers in the space due to the energy efficiency tilt to my job but really any one with a technical degree could m...
by EJS22
Thu Oct 27, 2016 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Engineering to Finance (CFA, CFP)
Replies: 34
Views: 2828

Re: Engineering to Finance (CFA, CFP)

This was me 7 years ago. I have an ME and am currently going to a top 10 MBA program. My advise would be is to get your BSME and then go directly into the field you want to after college. Although knowing what field you want to go into is the difficult part. See how you like it and then pursue the c...
by EJS22
Wed Oct 05, 2016 9:41 pm
Forum: Personal Consumer Issues
Topic: Should I upgrade my beat up car?
Replies: 69
Views: 5647

Re: Should I upgrade my beat up car?

I'm in the same boat with an older civic but higher miles. Literally having people tell me I need a new car :oops:
by EJS22
Thu Sep 22, 2016 8:00 pm
Forum: Personal Finance (Not Investing)
Topic: Part Time MBA - Deducting Expenses
Replies: 21
Views: 3113

Re: Part Time MBA - Deducting Expenses

Reference converting your 401K to a ROTH. Almost certainly yes. You need enough income to make the deductions valuable. You will probably never again in your working life be at a lower tax bracket than while you are going to school. So if I convert now I am effectively being taxed at my highest cur...
by EJS22
Wed Sep 21, 2016 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Part Time MBA - Deducting Expenses
Replies: 21
Views: 3113

Re: Part Time MBA - Deducting Expenses

If the IRS has provisions for it and the educational expenditures meet the criteria, why would it "not fly"? I recommend this video by UCLA on deducting the tuition. It discusses how to deduct the expense and even gives some examples of audited cases. m I may or may not consult a CPA for ...
by EJS22
Tue Aug 30, 2016 5:40 pm
Forum: Investing - Help with Personal Investments
Topic: how fast to max out your 401(k) 18K in a given year?
Replies: 36
Views: 3456

Re: how fast to max out your 401(k) 18K in a given year?

It's a large company that matches 50% of every dollar up to the max. Not aware of a highly compensated employee clause, so either I don't qualify as a highly compensated employee (which is a strong possibility) or there isn't one. No ownership in the company. Appears - you are able to contribute 50...
by EJS22
Tue Aug 30, 2016 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: how fast to max out your 401(k) 18K in a given year?
Replies: 36
Views: 3456

Re: how fast to max out your 401(k) 18K in a given year?

Last year I maxed out my 401k within the first 3 or 4 months. My company has a really good match (unlikely to be beat by another company) so I want to capture it as early as possible within the year just in case I move jobs or get laid off. Can you explain further regarding your Company and their m...
by EJS22
Tue Aug 30, 2016 1:51 pm
Forum: Investing - Help with Personal Investments
Topic: how fast to max out your 401(k) 18K in a given year?
Replies: 36
Views: 3456

Re: how fast to max out your 401(k) 18K in a given year?

Last year I maxed out my 401k within the first 3 or 4 months. My company has a really good match (unlikely to be beat by another company) so I want to capture it as early as possible within the year just in case I move jobs or get laid off.
by EJS22
Sun Aug 21, 2016 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Falling behind the age / salary curve?
Replies: 37
Views: 6034

Re: Falling behind the age / salary curve?

I was in a similar position and I ended up doing a ton of salary research to help back up my salary increase request. I had data from recruiters, glassdoor, etc and asked for the mean. The research helped me in two ways: one it made me realize I was being significantly underpaid and lit a fire under...
by EJS22
Tue Apr 26, 2016 2:15 pm
Forum: Personal Finance (Not Investing)
Topic: Part Time MBA - Deducting Expenses
Replies: 21
Views: 3113

Re: Part Time MBA - Deducting Expenses

Thanks for the info! I feel a much more confident in deducting the expenses now.
by EJS22
Mon Apr 25, 2016 8:52 pm
Forum: Personal Finance (Not Investing)
Topic: Part Time MBA - Deducting Expenses
Replies: 21
Views: 3113

Re: Part Time MBA - Deducting Expenses

I am almost done with a PTMBA and the costs were about what you outlined below. I deducted tuition as a business expense under Schedule C. The law is murky, but I fit the criteria. Otherwise you can deduct up to $4k as a tuition and fees deduction, or get a $2k savers credit if your AGI is <~60k. m...
by EJS22
Mon Apr 25, 2016 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Part Time MBA - Deducting Expenses
Replies: 21
Views: 3113

Part Time MBA - Deducting Expenses

I wanted to see if anyone on the forum had experience deducting part time MBA tuition and how they went about planning for it. I will be attending a very expensive program this fall and want to make sure I am maxing out my tax benefits. First year expenses around 50k Second year around 40k Third yea...
by EJS22
Wed Mar 30, 2016 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Lending Club (or other P2P) Experiences?
Replies: 23
Views: 2503

Re: Lending Club (or other P2P) Experiences?

I have had pretty good luck with P2P lending so here are my suggestions if you are going to do P2P lending that echo what has already been said: -Use a tax advantaged account - I use a Roth IRA -Don't invest unless you can buy 200 loans or more loans, at 25 bucks per loan that is a minimum of 5000 d...
by EJS22
Mon Mar 28, 2016 6:13 pm
Forum: Personal Consumer Issues
Topic: Your fav [US domestic] airline - as far as flying experience?
Replies: 72
Views: 5384

Re: Your fav [US domestic] airline - as far as flying experience?

Favorite so far is JetBlue I was really starting to like American Airlines until this last weekend when I realized I booked my flight on the wrong day and they wanted to charge a 200 dollar change fee plus the cost of a new ticket (I guess I have been spoiled by Southwest). I fly a lot for work so I...
by EJS22
Fri Dec 04, 2015 1:57 pm
Forum: Personal Consumer Issues
Topic: Brilliant Energy-Saving Idea -- Or Just Really Stupid?
Replies: 54
Views: 7421

Re: Brilliant Energy-Saving Idea -- Or Just Really Stupid?

I have a dryer in my apartment that vents directly into the apartment (electric dryer of course). You can definitely feel the added heat in the summer.
by EJS22
Mon Nov 16, 2015 8:03 pm
Forum: Personal Consumer Issues
Topic: Homeowners insurance for lost wedding ring
Replies: 31
Views: 3167

Re: Homeowners insurance for lost wedding ring

You could submit the $12k estimate, buy the new diamond, and send back any extra money if it will help you sleep better at night.