Search found 73 matches

by hardrain
Fri Oct 28, 2016 9:24 am
Forum: Personal Consumer Issues
Topic: Amazon Prime Pantry
Replies: 23
Views: 3471

Re: Amazon Prime Pantry

There's probably a UX that will eventually make an online grocery shop replacement easy for the mainstream but amazon ain't it right now imo. I also have ordered (and granted, this is a couple of years ago now) semi-perishable things that were way, way expired, stale, ect. I've used it sporadically ...
by hardrain
Wed Oct 05, 2016 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Moving From Quicken: Moneydance, YNAB, GnuCash or other?
Replies: 38
Views: 11322

Re: Moving From Quicken: Moneydance, YNAB, GnuCash or other?

On YNAB -- if you're not using it specifically to handle getting finances "in line", make sure you're getting the desktop version that has very well crafted reporting, and not cloud version, which for some reason does not (there are volumes of old v cloud YNAB discussions and I won't go into them, b...
by hardrain
Thu Sep 29, 2016 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Strategies for getting mortgage if recently self-employed?
Replies: 7
Views: 613

Re: Strategies for getting mortgage if recently self-employed?

niceguy7376 wrote: I went as W2 for another vendor for 4 months, got mortgage and left that job to become self employed
I'm considering exploring this. Did you run into any issues with too short a length of W2 employment?

Thanks!
by hardrain
Thu Sep 29, 2016 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Strategies for getting mortgage if recently self-employed?
Replies: 7
Views: 613

Re: Strategies for getting mortgage if recently self-employed?

Sorry should have been more clear. Separate activities: I'm interested in (but not 100% committed to) taking out a HELOC now for a business investment. Separately, I'm looking to sell my current home and downsize significantly (selling the home before I need the HELOC funds would make the HELOC unne...
by hardrain
Thu Sep 29, 2016 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Strategies for getting mortgage if recently self-employed?
Replies: 7
Views: 613

Strategies for getting mortgage if recently self-employed?

Hey all -- anyone had luck with a specific bank or strategy for getting pre-approved for a mortgage and/or an equity line of credit? Current situation: 'excellent' credit own our current home self employed as of Jan 2016, stable monthly income (basically steady contracting for a couple of different ...
by hardrain
Wed Sep 28, 2016 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Determining effect of 'hard pulls' on credit score?
Replies: 7
Views: 771

Re: Determining effect of 'hard pulls' on credit score?

Pulls are for a potential business loan related to current equity (considering this for an investment purchase to grow the business), potential new primary residence construction mortgage, and, for some damn reason, satellite TV :) The are in practice me 'shopping around'. That simulator is pretty n...
by hardrain
Wed Sep 28, 2016 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Determining effect of 'hard pulls' on credit score?
Replies: 7
Views: 771

Determining effect of 'hard pulls' on credit score?

Hi -- I'm coincidentally doing some activities that are/will result in several hard pulls on my credit. I'm also (and this is having an effect) potentially in the process of make the decision to sell our current home and buy another one. I'm wondering if I need to be overly concerned with hard pulls...
by hardrain
Tue Sep 13, 2016 8:35 am
Forum: Personal Finance (Not Investing)
Topic: One or two LLCs for husband & wife side gigs?
Replies: 25
Views: 2154

Re: One or two LLCs for husband & wife side gigs?

A friend argued that it makes sense to set up two LLCs so that they're both single-member LLCs. That keeps the paperwork and tax preparation simple (no K1's, for instance). And things would get even more complicated if we had a single-member LLC which then had my wife as a consultant/employee. So t...
by hardrain
Wed Sep 07, 2016 12:32 pm
Forum: Personal Consumer Issues
Topic: Accounting classes and High School student?
Replies: 13
Views: 984

Re: Accounting classes and High School student?

To kind of echo another comment -- if your child sounds interested in business you might just want to wait, I'd worry her taking a condensed class when she's 17, with 5-6 years before employment, would mean she'd learn a lot real quick and forget it way before she could apply it (or at least, that w...
by hardrain
Wed Aug 17, 2016 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: [Credit Score] Should I be opening up more credit card accounts?
Replies: 8
Views: 1090

Re: [Credit Score] Should I be opening up more credit card accounts?

The Credit Karma charts looks like this (descriptors presumably related to impact on credit score): People keep bringing this up. Do not rely solely on those numbers. Consider that even Credit Karma indicates that Total Accounts has a Low Impact. Excellent post, thank you. To clarify -- scores are ...
by hardrain
Wed Aug 17, 2016 11:07 am
Forum: Personal Finance (Not Investing)
Topic: [Credit Score] Should I be opening up more credit card accounts?
Replies: 8
Views: 1090

[Credit Score] Should I be opening up more credit card accounts?

Hey all, so I'm very happy with my credit score, and only recently started looking at the details again (I check the score but not the details, until recently since we're considering moving). One things jumps out: I have two active credit cards (Chase Amazon, Chase Freedom), plus a mortgage, and the...
by hardrain
Mon Jul 18, 2016 1:19 pm
Forum: Personal Consumer Issues
Topic: Big home project -- credit and credit card?
Replies: 2
Views: 436

Big home project -- credit and credit card?

I know there are a lot of credit card pros here. Details: I'm doing a home improvement project, I have 100% of the funds in cash, and I'm not debating the merits of the actual project and related finanicals. It's happening :). Total spend will be ~$75k, a very large portion of that will be from Home...
by hardrain
Sat Jun 25, 2016 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Very tough career choice (ego, startup, San Francisco Bay Area)
Replies: 58
Views: 8218

Re: Very tough career choice (ego, startup, San Francisco Bay Area)

If you leave, do not exercise the options. Most options end up not being worth the paper the contract is printed on. I just want to caution taking advice like this without us knowing the parameters of the options. You're not just buying stock, you're buying it at a set price that is different from ...
by hardrain
Wed Jun 01, 2016 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Is Real Estate Market going crazy again?
Replies: 101
Views: 13354

Re: Is Real Estate Market going crazy again?

Yes. Wells Fargo launches 3% down payment mortgage http://www.cnbc.com/2016/05/26/wells-fargo-launches-3-down-payment-mortgage.html What could go wrong? People could default, and Wells Fargo would lose a little money, or whoever buys them. Also just because you only need 3% down doesn't make you st...
by hardrain
Mon May 23, 2016 10:56 pm
Forum: Personal Consumer Issues
Topic: WW2 Books & Education
Replies: 91
Views: 5216

Re: WW2 Books & Education

For a fun, painless introduction, you might watch the Ken Burns documentary miniseries (entitled "The War" I think). I've wanted to watch this but am worries it's not all that painless. I've seen most of his other major works and The Civil War and The Dust Bowl are downright crushing at times. Even...
by hardrain
Mon May 23, 2016 11:08 am
Forum: Personal Consumer Issues
Topic: starting a very small business - extension of a hobby?
Replies: 19
Views: 1971

Re: starting a very small business - extension of a hobby?

Some indirect experience with this (although not in this specific product line), and to sort of echo others: 1. For many, many customers the experience of seeing and talking with the producer is 90% of the reason they're shopping. I'd be very suspect that you can proxy that. 2. I've found "success" ...
by hardrain
Mon May 23, 2016 11:00 am
Forum: Personal Consumer Issues
Topic: Amazon has no head to head competitors?
Replies: 71
Views: 6844

Re: Amazon has no head to head competitors?

My biggest issue and prime deterrent, frankly, is feeling guilty about the cardboard, packaging and fuel involved...although I can't say I'm even sure it's less than what a brick and mortar store is doing in the background, plus the energy of maintaining the actual location (although same could be s...
by hardrain
Mon May 23, 2016 9:40 am
Forum: Investing - Theory, News & General
Topic: "We don't have enough companies like Tesla"
Replies: 24
Views: 4364

Re: "We don't have enough companies like Tesla"

I think you've mis-read the author's article. He made no claims about private growth or any kind of false choice between public and private companies. It was never my intent to extend the author's argument -- which is really much more of a social good argument -- but simply that Tesla is also a com...
by hardrain
Sat May 21, 2016 8:41 am
Forum: Investing - Theory, News & General
Topic: "We don't have enough companies like Tesla"
Replies: 24
Views: 4364

Re: "We don't have enough companies like Tesla"

Tesla is still a nonprofitable story. You mean companies with a negative P/E (i.e. no profits) ??? These are really curious responses. As it relates to the topic -- are you all implying that only profitable companies have value and negative P/E firms shouldn't be part of a boglehead-style portfolio...
by hardrain
Fri May 20, 2016 9:04 pm
Forum: Investing - Theory, News & General
Topic: "We don't have enough companies like Tesla"
Replies: 24
Views: 4364

Re: "We don't have enough companies like Tesla"

Tesla is still a nonprofitable story. You mean companies with a negative P/E (i.e. no profits) ??? These are really curious responses. As it relates to the topic -- are you all implying that only profitable companies have value and negative P/E firms shouldn't be part of a boglehead-style portfolio...
by hardrain
Wed May 18, 2016 9:55 pm
Forum: Investing - Theory, News & General
Topic: "We don't have enough companies like Tesla"
Replies: 24
Views: 4364

"We don't have enough companies like Tesla"

Think this is an interesting article because it hits on what I feel like is the biggest portfolio risk of a standard boglehead: http://www.vox.com/2016/5/13/11670940/tesla-capital-glut Over the past decade, American companies have been generating more and more profits, and last year they paid more t...
by hardrain
Wed May 18, 2016 1:56 pm
Forum: Investing - Help with Personal Investments
Topic: thinking through improved financial circumstances
Replies: 3
Views: 722

Re: thinking through improved financial circumstances

They will give a 220k forgivable loan which is interest free and forgivable over 10 years. You listed three options here (and I guess a forth being taking no assistance) but this one seems incredibly interesting. I'm curious what others think. The catch appears to be it locks you into your job, but...
by hardrain
Tue May 17, 2016 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Rich But Middle Class
Replies: 233
Views: 28868

Re: Rich But Middle Class

No. You need 2x more. +1. He need to pay tax. And, at that income level, the tax burden is very high. KlangFool -100. Seriously this is basic math. Don't have exact numbers but they are along the lines of: Family of 5, 350k of salary, 40k of LTGC , and lets say they living CA and pay 24k in propert...
by hardrain
Tue May 17, 2016 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Rich But Middle Class
Replies: 233
Views: 28868

Re: Rich But Middle Class

One of my initial (most important) questions, as well as some pertinent information/assumptions that got lost in the Bottom line: given doctor's salary is ~$350k and relatively stable, could we simply live off of one income? No. You need 2x more. +1. He need to pay tax. And, at that income level, t...
by hardrain
Tue May 17, 2016 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Rich But Middle Class
Replies: 233
Views: 28868

Re: Rich But Middle Class

Bottom line: given doctor's salary is ~$350k and relatively stable, could we simply live off of one income? It's interesting to see how this thread has evolved. If this is really the only question, then the answer is simple math, and my guess is that you know the answer. I agree, find it a bit baff...
by hardrain
Mon May 16, 2016 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Rich But Middle Class
Replies: 233
Views: 28868

Re: Rich But Middle Class

The thought of 950k AGI and thinking your're middle class is mind boggling to me :shock: And a subsistence farmer in rural Africa would say that same about your 95k AGI. Everything is relative. People here need to check themselves before they get on their high horses. I don't know, can't remember e...
by hardrain
Sun May 15, 2016 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Rich But Middle Class
Replies: 233
Views: 28868

Re: Rich But Middle Class

Lot going on here :). and being in a suburb with lesser amenities and culture. We value our time and the environment/community we surround ourselves with. While there are pros and cons to every place, we feel there would be great benefits to growing up in a vibrant, diverse and sophisticated area, r...
by hardrain
Wed May 11, 2016 12:42 pm
Forum: Personal Consumer Issues
Topic: One Week "Sabbatical"
Replies: 43
Views: 5490

Re: Did someone say beer?

22twain wrote:
daveatca wrote:Asheville, NC
Ah, you beat me to it!

Or go further west towards the tip of NC. Rafting in the Nantahala Gorge, etc.
Do both! Rafting, hiking, craft beer, repeat :).
by hardrain
Fri May 06, 2016 12:11 pm
Forum: Personal Consumer Issues
Topic: Just called Directv and saved $600 for one year
Replies: 46
Views: 6494

Re: Just called Directv and saved $600 for one year

:oops: :oops: I can't convince my wife to cut the cord so I'm happy getting a discount. We live in a rural area so there's not a lot of competition. Also don't have cable for Internet so still using DSL. This makes streaming difficult. Maybe one day they'll run cable to our house! I'm in this situa...
by hardrain
Tue May 03, 2016 1:21 pm
Forum: Personal Consumer Issues
Topic: Hack for importing into Quickbooks Online?
Replies: 2
Views: 378

Hack for importing into Quickbooks Online?

Feel like there are some smart and efficient people here, and also several Quicken users. I'm trying to use Quickbooks Online (QBO) for my business. The problem is I'm trying to import a bunch of old data, and they've set it up to not allow imported data, I'm specifically trying to import a ton of o...
by hardrain
Mon May 02, 2016 9:08 am
Forum: Personal Consumer Issues
Topic: Sunscreen
Replies: 51
Views: 5259

Re: Sunscreen

Yeah the scale isn't linear, which is everything I know about it. Quick google: According to Spencer, an SPF 15 product blocks about 94% of UVB rays; an SPF 30 product blocks 97% of UVB rays; and an SPF 45 product blocks about 98% of rays. ...I've seen slightly different numbers at different places ...
by hardrain
Mon May 02, 2016 8:33 am
Forum: Investing - Theory, News & General
Topic: Selling in May and Walking Away?
Replies: 106
Views: 12354

Re: Selling in May and Walking Away?

The Economist Intelligence Unit puts out a monthly overview, the latest dated last week. The summaries are available free. http://gfs.eiu.com/Article.aspx?articleType=rf&articleid=564149040&secId=4 You'll forgive me if I take their forecast over yours. :P That's some mighty specific forecasting by ...
by hardrain
Thu Apr 28, 2016 8:33 am
Forum: Personal Consumer Issues
Topic: Thoughts on buying home without an agent (special case)
Replies: 4
Views: 710

Thoughts on buying home without an agent (special case)

The situation: I happen to run into a friend of a friend who is selling his home, but he hasn't listed yet or contacted agents. We're hoping to move to exactly that area in the next year, an area we know very well, and the location and home are very much in line with our list of wants/needs/price (t...
by hardrain
Mon Apr 25, 2016 8:50 am
Forum: Personal Consumer Issues
Topic: Just washed and stained my cedar house. You'll never guess my next question :)
Replies: 16
Views: 2986

Just washed and stained my cedar house. You'll never guess my next question :)

Just repaired, washed and restained my 25-30 year old cedar siding...we're relatively new in this house, the siding had been neglected (not for the full 25 years, but definitely the last 5 or more), and unfortunately it seems once parts of it go they require replacement. Anyway, we're coincidentally...
by hardrain
Sun Apr 10, 2016 5:56 pm
Forum: Investing - Help with Personal Investments
Topic: Please help me figure out what to do...
Replies: 16
Views: 2995

Re: Please help me figure out what to do...

Maximize your annual TA investing---your retired self will thank you. You should be investing: 18K, his 401k 18K, her 401k 5.5K, his IRA 5.5K, her IRA 47K, annually in your TA accounts Seems like they would be ineligible for (edit: preferable tax treatment of their) IRA contributions, right (income...
by hardrain
Sat Apr 09, 2016 8:46 am
Forum: Personal Consumer Issues
Topic: Dallas suburbs or Northern Virginia for me?
Replies: 87
Views: 9975

Re: Dallas suburbs or Northern Virginia for me?

Yes, NoVA is expensive compared to other areas, but keep something else in mind...there is a reason for it. This area really is incomparable for business opportunities (maybe only outdone by Northern CA...) *over the long term*...there is always opportunity here - always - we never feel the cycles ...
by hardrain
Fri Apr 08, 2016 11:21 am
Forum: Personal Consumer Issues
Topic: Dallas suburbs or Northern Virginia for me?
Replies: 87
Views: 9975

Re: Dallas suburbs or Northern Virginia for me?

In the farther out suburbs, which until fairly recently, was farmland - there is no older housing, only expensive new housing, so counties have been scrambling to establish "affordable dwelling units" - which are scarce and carry a long waiting list. In addition, the exurb counties are all rapidly ...
by hardrain
Fri Apr 08, 2016 11:05 am
Forum: Investing - Help with Personal Investments
Topic: Cash Out HSA account?
Replies: 16
Views: 4337

Re: Cash Out HSA account?

Use it to pay medical bills until it's gone... :beerCheers, packet I just signed up for one, no real plans to not be in a HDHP in the immediate future but is this allowed after you're covered by a non-HDHP? If so, and if you're already maxing out 401k and IRA, seems like keeping it around could be ...
by hardrain
Fri Apr 08, 2016 10:33 am
Forum: Personal Finance (Not Investing)
Topic: is keeping employer health insurance a good reason to stay in a bad job
Replies: 29
Views: 2648

Re: is keeping employer health insurance a good reason to stay in a bad job

jabberwock wrote:The stress and frustration of working a job you hate for any length of time will damage your health and well being and guarantee that you need that health insurance.
Funny because it's true.
by hardrain
Thu Apr 07, 2016 1:09 pm
Forum: Personal Consumer Issues
Topic: Anyone bought a new bed recently? [Mattress]
Replies: 59
Views: 12068

Re: Anyone bought a new bed recently? [Mattress]

Dramatic conclusion: A lot of latex fans in here, and we considered it seriously, with the major problem being we couldn't find a store anywhere near us that actually carries them (owners have all claimed there isn't any interest here, in large part because of the price point, but who knows, maybe i...
by hardrain
Thu Apr 07, 2016 12:53 pm
Forum: Personal Consumer Issues
Topic: Dallas suburbs or Northern Virginia for me?
Replies: 87
Views: 9975

Re: Dallas suburbs or Northern Virginia for me?

Can only weight in on NOVA -- I've lived in DC proper, out in the exurbs and in between. Biggest advice I'd give for someone considering this area to to think very, very hard about your commute. Things can get pretty out of control here :happy -You can't even legally drive solo to certain parts of t...
by hardrain
Tue Apr 05, 2016 9:22 am
Forum: Investing - Theory, News & General
Topic: New LD rules driving index investing?
Replies: 2
Views: 458

New LD rules driving index investing?

http://www.wsj.com/articles/new-government-rule-rewrites-retirement-savings-1459762202 I'm sure this has been discussed as the rules have been proposed for a while, but I can't find a thread on it. I'm curious if anyone familiar with the industry has an opinion. As someone who isn't, what jumped out...
by hardrain
Mon Apr 04, 2016 11:47 am
Forum: Personal Finance (Not Investing)
Topic: When is it ok to splurge?
Replies: 83
Views: 10179

Re: When is it ok to splurge?

If it were me? I'd read Lila: http://amzn.to/1UQj0jd -- you could probably even find it at the library :). Only other thing I'll add is that, as much as I love this site, the goals and practices that I gather here are a means to an end for me, not an end in themselves. Maybe it's a boat, maybe it's ...
by hardrain
Fri Apr 01, 2016 8:18 pm
Forum: Personal Consumer Issues
Topic: Cordcutters - Playstation Vue
Replies: 30
Views: 3767

Re: Cordcutters - Playstation Vue

I am an older Cordcutter and I did it just because I don't watch a lot of TV anyway & I was tired of the crappy customer service. An Antenna gets me most all I need free. I do Netflix (which I would cancel if I wasn't married)--and now I am trying Sling (and liking it) but will likely cancel that t...
by hardrain
Tue Mar 29, 2016 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Getting ship shape in self employment
Replies: 7
Views: 851

Re: Getting ship shape in self employment

I've read objections that you don't have the same investment flexibility but I'm not sure that's the case given the options I've read about unless you're after some pretty serious flexibility :) I have found that you can get most investments that you want, but not without paying some high (reasonab...
by hardrain
Tue Mar 29, 2016 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Best risk free return on emergency fund
Replies: 20
Views: 3748

Re: Best risk free return on emergency fund

In addition to 6 Netspend and 2 Mango accounts earning 5% my wife and I also have these rewards checking accounts paying 3%: $10,000 at Destinations Credit Union $15,000 at Lake Michigan Credit Union $20,000 at Community First Savings Bank Requirements to earn 3% are 1 monthly direct deposit and 12...
by hardrain
Tue Mar 29, 2016 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Best risk free return on emergency fund
Replies: 20
Views: 3748

Re: Best risk free return on emergency fund

This might be terrible advice (someone more experienced than me please chime in if it is), but I keep my emergency fund in a 40/60 stock/bond portfolio. Right now I have 4 months of living expenses but my goal is to get to 6 months of living expenses *1.25 (to account for a drawdown that might occu...
by hardrain
Mon Mar 28, 2016 7:13 pm
Forum: Investing - Help with Personal Investments
Topic: Getting ship shape in self employment
Replies: 7
Views: 851

Re: Getting ship shape in self employment

Correct on TLH for taxable accounts, I knew that but didn't think it through. Sounds like moving to VG makes sense, especially for my pre-tax account, and especially because I don't mind 100% stock allocation right this second for retirement accounts, thus no benefit for auto-rebalancing from better...
by hardrain
Mon Mar 28, 2016 6:59 pm
Forum: Investing - Theory, News & General
Topic: Foot Locker stock up ~2% after announcement of inclusion in S&P 500. Contradiction of EMH?
Replies: 15
Views: 1726

Re: Foot Locker stock up ~2% after announcement of inclusion in S&P 500. Contradiction of EMH?

Not that I believe what I'm about to say, or the EMH on a company by company basis, but couldn't you argue that inclusion both signals company stability, thus potentially increasing the value of a company's operations through endorsement (similar to an audit), and that it will result in all-things-e...
by hardrain
Mon Mar 28, 2016 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Best & Worst Financial Decisions?
Replies: 92
Views: 11591

Re: Best & Worst Financial Decisions?

Very interesting thread. Worst: getting a night-masters shortly after graduating from undergrad. Turns out the degree wasn't at all necessary to transition careers, and I even cashed in my first (admittedly, tiny) 401k to pay a tuition bill. In hindsight, though, I did really enjoy the courses, and ...