Search found 141 matches

by catlady
Sun Nov 22, 2020 11:23 am
Forum: Personal Consumer Issues
Topic: What charity are you donating to this Christmas season?
Replies: 104
Views: 3264

Re: What charity are you donating to this Christmas season?

Local food bank, toy drive (cash this year), and animal shelter.
by catlady
Fri Oct 30, 2020 9:13 am
Forum: Personal Consumer Issues
Topic: Last day at work, to-do list?
Replies: 30
Views: 1891

Re: Last day at work, to-do list?

Last paystub if online, health care coverage docs for currently active coverage, personal email addresses of anyone you want to keep in contact with. Find out how long you’ll have access to the online portal for paystubs and benefits, if applicable.
by catlady
Sat Oct 17, 2020 8:50 am
Forum: Personal Consumer Issues
Topic: Items that are worth the money for the quality
Replies: 480
Views: 37944

Re: Items that are worth the money for the quality

Apple products
Vitamix blender
Zojirushi rice cooker
Excalibur dehydrator
Shun knives
Miele vacuum
Peloton bike
Sleep number mattress
by catlady
Sun Oct 04, 2020 8:42 am
Forum: Personal Finance (Not Investing)
Topic: What is your Target Savings?
Replies: 64
Views: 7952

Re: What is your Target Savings?

We’re at the invest what’s leftover stage instead of having a specific savings target. We usually have about 50-60% of our take home pay leftover of which we put 25% towards the mortgage and the rest goes to vanguard taxable account. Bonuses are split the same.
by catlady
Mon Sep 28, 2020 9:39 pm
Forum: Investing - Theory, News & General
Topic: What fund(s) are in your taxable account?
Replies: 138
Views: 9924

Re: What fund(s) are in your taxable account?

VTSAX and VFIAX for tax loss harvesting partners.
by catlady
Mon Sep 28, 2020 9:21 pm
Forum: Personal Investments
Topic: Feedback on my mid-term plan
Replies: 4
Views: 438

Re: Feedback on my mid-term plan

The Prioritizing Investments wiki page may be of interest to you.
by catlady
Mon Sep 28, 2020 8:28 pm
Forum: Personal Consumer Issues
Topic: Vacuum for mostly hardwood floors...
Replies: 48
Views: 2832

Re: Vacuum for mostly hardwood floors...

Another Miele recommendation. They make uprights if you don’t want a canister.
by catlady
Thu Sep 24, 2020 10:12 pm
Forum: Personal Consumer Issues
Topic: Best chair cushion for working?
Replies: 5
Views: 421

Re: Best chair cushion for working?

We have the Royal Seat Cushion from Purple which my husband has been using everyday since March on top of a wooden chair and recommends it. The exterior cover has a handle for easily moving.
by catlady
Sun Sep 20, 2020 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house before a potential corporate restructure - good or bad?
Replies: 23
Views: 1554

Re: Buying a house before a potential corporate restructure - good or bad?

Who notified you there would be a restructuring? If it was your manager and you’re not part of management yourself, I would see that as an early warning sign to be prepared. How much are you budgeting for furnishings for your new home? How many months of expenses does that equate to? I’d keep up the...
by catlady
Sat Sep 19, 2020 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Retirement calculator for couple with shared assets
Replies: 5
Views: 518

Re: Retirement calculator for couple with shared assets

I’ve never heard of a retirement calculator that wasn’t able to handle married couples. But assuming you’ve actually found one, I’d combine everything and pick an age older, younger, or average.

Your best bet is to find a better, more comprehensive calculator.
by catlady
Sat Sep 19, 2020 11:11 am
Forum: Personal Finance (Not Investing)
Topic: How to calculate savings rate???
Replies: 9
Views: 675

Re: How to calculate savings rate???

I add them all together and say it’s X% of gross. The result is only for my own curiosity to see how we’re tracking each year.
by catlady
Sat Sep 12, 2020 8:42 am
Forum: Personal Consumer Issues
Topic: Getting HBO on Multiple Platforms
Replies: 13
Views: 778

Re: Getting HBO on Multiple Platforms

If you have a laptop, you could connect it directly to the TV with an HDMI cable.
by catlady
Sun Sep 06, 2020 12:29 pm
Forum: Non-US Investing
Topic: How will you describe your investing journey so far?
Replies: 51
Views: 4289

Re: How will you describe your investing journey so far?

I would describe our investing journey so far as incredibly lucky. I found Bogleheads right at the beginning of our investing around 2011 and we’ve been following the philosophy ever since. The main thing I’ve learned is make a reasonable plan and stay the course. Great to hear that! What's your po...
by catlady
Sun Sep 06, 2020 9:25 am
Forum: Non-US Investing
Topic: How will you describe your investing journey so far?
Replies: 51
Views: 4289

Re: How will you describe your investing journey so far?

I would describe our investing journey so far as incredibly lucky. I found Bogleheads right at the beginning of our investing around 2011 and we’ve been following the philosophy ever since.

The main thing I’ve learned is make a reasonable plan and stay the course.
by catlady
Sat Sep 05, 2020 8:57 am
Forum: Personal Investments
Topic: Continue to save in Tax Deferred Accounts?
Replies: 19
Views: 2215

Re: Continue to save in Tax Deferred Accounts?

SlowInvestor wrote: Fri Sep 04, 2020 8:14 pm 3 - I've calculated the minimum I need to spend and added to that to come up with 50k.
Is $50k/yr before or after taxes? Are you accounting for the loss of employer provided health insurance?
by catlady
Sat Sep 05, 2020 8:24 am
Forum: Personal Finance (Not Investing)
Topic: Declined 2 opportunities for advancement. Should I be trying to climb the corporate ladder or is being content okay?
Replies: 65
Views: 6183

Re: Declined 2 opportunities for advancement. Should I be trying to climb the corporate ladder or is being content okay?

invest4 wrote: Sat Sep 05, 2020 5:00 am "Advancement" is in the eye of the beholder.
This. For me, one of the benefits of investing like a Boglehead for the last decade is having more flexibility now and not needing to take these types of “promotions” to meet financial goals.
by catlady
Mon Aug 31, 2020 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: I have to select a lender for my new home mortgage. Which one should I select?
Replies: 16
Views: 1078

Re: I have to select a lender for my new home mortgage. Which one should I select?

Are there requirements for how long you need to keep the assets with each vendor? What about fees and expense ratios? Will your holdings transfer in kind?
by catlady
Mon Aug 31, 2020 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Considering whether to maintain term life insurance when financial need has lessened
Replies: 36
Views: 2072

Re: Considering whether to maintain term life insurance when financial need has lessened

Same as the poster above, DINKs and we only have free employer provided life insurance.
by catlady
Sun Aug 30, 2020 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Just found my dream home/offer accepted, need lending ASAP and have important questions, you're my main resource
Replies: 91
Views: 6897

Re: Just found my dream home/offer accepted, need lending ASAP and have important questions, you're my main resource

Despite what others are saying, I think you can buy the house and probably be okay. There’s no point to hoarding cash your whole life. Enjoy! I didn’t see anyone say the OP couldn’t buy the house. My, and others, point was OP should make sure they understand their actual cash flow and expected expe...
by catlady
Sun Aug 30, 2020 10:59 am
Forum: Personal Finance (Not Investing)
Topic: Just found my dream home/offer accepted, need lending ASAP and have important questions, you're my main resource
Replies: 91
Views: 6897

Re: Just found my dream home/offer accepted, need lending ASAP and have important questions, you're my main resource

I'll edit it, but conservative income guesstimate is $340k/year. That amounts to $23k after taxes per month in my area. Are you already making this income? Is the $340k gross? How accurate is the $23k/mo after taxes? We make more than $340k gross and our net is significantly lower. I’ll put it char...
by catlady
Sun Aug 30, 2020 7:39 am
Forum: Personal Finance (Not Investing)
Topic: Just found my dream home/offer accepted, need lending ASAP and have important questions, you're my main resource
Replies: 91
Views: 6897

Re: Just found my dream home/offer accepted, need lending ASAP and have important questions, you're my main resource

TheBogleWay wrote: Sun Aug 30, 2020 2:54 am I'll edit it, but conservative income guesstimate is $340k/year. That amounts to $23k after taxes per month in my area.
Are you already making this income? Is the $340k gross? How accurate is the $23k/mo after taxes? We make more than $340k gross and our net is significantly lower.
by catlady
Sat Aug 29, 2020 10:25 am
Forum: Personal Investments
Topic: Brokerage Transfer Question
Replies: 8
Views: 556

Re: Brokerage Transfer Question

I wouldn’t pay $95 to close an account with $0.01 in it. Maybe call them and ask them to close the account without a fee or just leave it there and forget about it.
by catlady
Sat Aug 29, 2020 9:15 am
Forum: Investing - Theory, News & General
Topic: How long could you live off your portfolio if the worst happened?
Replies: 110
Views: 10799

Re: How long could you live off your portfolio if the worst happened?

Somewhere between 15-20 years after cutting down on discretionary spending, late 30s couple. Add another 5-10 years if we moved to a cheaper location.
by catlady
Sun Aug 23, 2020 10:05 pm
Forum: Personal Investments
Topic: HELP with portfolio & investment next steps!!
Replies: 15
Views: 1190

Re: HELP with portfolio & investment next steps!!

Welcome, you’re off to a great start. A minor point, there is no 19% federal tax bracket. For your old 401k accounts I would roll them into your current employer’s 401k. You have good low cost funds available. Rolling over to an IRA would prohibit you from doing backdoor Roth IRA without paying taxe...
by catlady
Sun Aug 23, 2020 8:50 am
Forum: Personal Investments
Topic: Sell me on a 401(k)
Replies: 43
Views: 2948

Re: Sell me on a 401(k)

enn wrote: Sun Aug 23, 2020 8:45 am For context, income limits prevent me from contributing to a Roth IRA.
You can still do a backdoor Roth IRA.
by catlady
Sun Aug 23, 2020 8:46 am
Forum: Personal Investments
Topic: portfolio balance questions
Replies: 3
Views: 380

Re: portfolio balance questions

Non-Retirement Portfolio: 4% VBTLX Vanguard Total Bond Market Retirement Portfolio: 3% Her Roth-IRA VBTLX Vanguard Total Bond Market Annual contributions : Non-retirement Portfolio: 12K (80% VTSAX, 20% VBTLX, 1K a month auto-transfer to Vanguard) I would suggest moving your bond holdings to your 40...
by catlady
Sun Aug 23, 2020 8:14 am
Forum: Personal Investments
Topic: Sell me on a 401(k)
Replies: 43
Views: 2948

Re: Sell me on a 401(k)

If I have $100 in a tax-deferred account, I have to discount that by my marginal tax rate in retirement, which depends on two variables--my income and the tax code--which seem wildly unknowable 20-30 years in the future. The entire withdrawal wouldn’t be taxed at your marginal rate unless you have ...
by catlady
Sat Aug 22, 2020 9:39 am
Forum: Personal Investments
Topic: First Investment Plan
Replies: 30
Views: 1493

Re: First Investment Plan

That is one issue. The other is what is the size of the gain including the possibility that there is a loss, which would be deducted from your income following the rules for how losses are taken in a tax return. You have to get into the nitty-gritty to see what the costs to you will be and how you ...
by catlady
Sat Aug 22, 2020 9:14 am
Forum: Personal Investments
Topic: Should I get a financial planner (fiduciary)?
Replies: 33
Views: 1789

Re: Should I get a financial planner (fiduciary)?

if your policy is $100k and after 10 years of contributing you want to take out $20k, you can do it tax free (because it is a loan) and if you die afterwards without touching anything your beneficiary would receive $80k. Two questions How much would you have paid in premiums in those 10 years and h...
by catlady
Fri Aug 21, 2020 9:47 am
Forum: Personal Finance (Not Investing)
Topic: Percent of Net Worth in Home too Much?
Replies: 27
Views: 2332

Re: Percent of Net Worth in Home too Much?

This post seems like a humble brag. If you have 3.25mm in investible assets, I wouldn’t worry about your home’s value at all unless you’re planning to retire in the near future.
by catlady
Wed Aug 19, 2020 9:50 pm
Forum: Personal Investments
Topic: How often are you adding to taxable accounts?
Replies: 78
Views: 5019

Re: How often are you adding to taxable accounts?

Every time we get paid.
by catlady
Sun Aug 09, 2020 9:01 am
Forum: Personal Investments
Topic: Vanguard Incorrect Cost Basis In Taxable Brokerage Account
Replies: 11
Views: 1278

Re: Vanguard Incorrect Cost Basis In Taxable Brokerage Account

Did you recently change from average cost basis to spec id? A few years ago when we switched from average to spec id, it set the basis for all existing shares to the average and new purchases had the expected basis. We had made a sale during the time it was set to average cost which might have been ...
by catlady
Thu Aug 06, 2020 9:41 pm
Forum: Personal Finance (Not Investing)
Topic: Personal Finance Tracking Software
Replies: 22
Views: 1766

Re: Personal Finance Tracking Software

I have a custom excel spreadsheet I’ve built up over the last few years, it takes about 15 minutes at the end of the month to enter bills I want to track and account balances. All calculations and charts update automatically. By building it myself I’m able to understand all of the outputs and add ne...
by catlady
Sat Aug 01, 2020 9:18 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3229
Views: 555929

Re: What are you up YTD? [Year To Date]

Up 8.49% Beardstown math. Around 4% with contributions removed. 85/15
by catlady
Thu Jul 16, 2020 9:46 pm
Forum: Personal Consumer Issues
Topic: Oddly Difficult to Find Items During the Pandemic
Replies: 307
Views: 28632

Re: Oddly Difficult to Find Items During the Pandemic

Flobes wrote: Thu Jul 16, 2020 10:14 am
sailaway wrote: Thu Jul 16, 2020 10:06 am Wahl was back at Costco this week!
Wahl is still showing as "Out Of Stock" on the website. (Just checked.)

Maybe Costco is no longer going to ship them, and they'll be an in-store item only? There's zero chance I'll be going to Costco in person anytime in the near future...
Target
by catlady
Sat Jul 11, 2020 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on Savings Allocation
Replies: 8
Views: 551

Re: Advice on Savings Allocation

I haven't been doing Roth IRAs because we exceed the income limits. Look into backdoor Roth IRAs. There’s a great wiki page on Prioritizing Investments . The short answer is after paying off all high interest, non-mortgage debt and fully finding tax advantaged accounts (401k, IRA, HSA), you should ...
by catlady
Sat Jul 11, 2020 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: How many months of expenses do you have in emergency savings and why?
Replies: 45
Views: 3423

Re: How many months of expenses do you have in emergency savings and why?

Pre-COVID, we kept approximately 1 month worth of expenses in savings and 4 months in I bonds. In late February we had some unexpected maintenance outlays and expected to need another five figures in March. We decided to defer the additional expenses because of COVID and resultant job uncertainty an...
by catlady
Mon Jul 06, 2020 10:08 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1764
Views: 147693

Re: Coronavirus (Consumer Issues) How you are preparing?

After watching the news for the last few days I am getting more concerned again and tomorrow I will be inventorying our supplies and stocking back up on anything that I am short of. I had a similar thought last week. In addition to food we specifically stocked up on things that were difficult to fi...
by catlady
Sun Jul 05, 2020 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Are we FINANCIALLY ready to buy our first house?
Replies: 11
Views: 1124

Re: Are we FINANCIALLY ready to buy our first house?

What does the rest of your budget look like? What are you currently paying for rent? How much would utilities increase with the new house? Any additional expenses with the new house? E.g. HOA, lawn, pool, snow, alarm? What are your financial goals? Does this help you achieve them? A quick calculatio...
by catlady
Thu Jul 02, 2020 8:46 am
Forum: Personal Investments
Topic: Is wealthfront Stock Level investing under appreciated by Boglehead community?
Replies: 47
Views: 3067

Re: Is wealthfront Stock Level investing under appreciated by Boglehead community?

As someone in a similar tax position who spent about 5 minutes capturing mid-5 figure losses in March with a simple exchange of some VTSAX for VFIAX, I couldn’t imagine paying someone $2500 to do that for me. I think you’re making this far more difficult than needed. Dump your weekly contributions i...
by catlady
Wed Jul 01, 2020 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Mortgages
Replies: 2
Views: 536

Re: Mortgages

Just closed on a house meaning you have already purchased it? Or do you mean that the seller just accepted your offer?
by catlady
Wed Jul 01, 2020 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Sanity Check: Career Gap Year
Replies: 40
Views: 2535

Re: Sanity Check: Career Gap Year

How long have you been living on the $34k/yr budget? How closely have you been tracking your expenses? Between property taxes, insurance (home, car, health, term life for you and your wife), co-pays for any doctor visits, groceries, gas, clothes, utilities, home maintenance, and things like internet...
by catlady
Sun Jun 21, 2020 9:00 am
Forum: Personal Consumer Issues
Topic: Lexus Key Fob Issue
Replies: 42
Views: 1931

Re: Lexus Key Fob Issue

Keyless fobs are risky because the battery will run out eventually. If you buy a generic key fob and want it programmed for your car, the dealership will charge an arm and a leg for it. Plus they avoid giving out the codes to independent mechanics. Personally I think sticking with the regular mecha...
by catlady
Fri Jun 19, 2020 10:32 pm
Forum: Personal Investments
Topic: How often to contribute to Roth?
Replies: 38
Views: 1896

Re: How often to contribute to Roth?

Lump sum beginning of January.
by catlady
Fri Jun 19, 2020 9:29 am
Forum: Personal Investments
Topic: Cash out refi with 100% Equity?
Replies: 64
Views: 3619

Re: Cash out refi with 100% Equity?

Would you invest in something with a 3% expense ratio? If not, why would you pay 3% interest to invest?
by catlady
Thu Jun 11, 2020 9:39 pm
Forum: Personal Investments
Topic: Thoughts on today's sell-off?
Replies: 194
Views: 16524

Re: Thoughts on today's sell-off?

We are down 1.3% in taxable from end of May. The market needs to drop another 12% before we can do any TLH. Today was a non-event.
by catlady
Sun May 31, 2020 10:12 pm
Forum: Personal Investments
Topic: How do you keep track your investments?
Replies: 50
Views: 3754

Re: How do you keep track your investments?

I have a spreadsheet I update once a month with the current balance per holding. It takes maybe 15 minutes a month to update the approximately 25 entries (multiple accounts and holdings in each account) and provides enough information to see how we are tracking towards our goals. Yes, I do this too...
by catlady
Sun May 31, 2020 9:07 am
Forum: Personal Investments
Topic: How do you keep track your investments?
Replies: 50
Views: 3754

Re: How do you keep track your investments?

Since I’m not actively trading, there’s no need for real time updates to prices. I have a spreadsheet I update once a month with the current balance per holding. It takes maybe 15 minutes a month to update the approximately 25 entries (multiple accounts and holdings in each account) and provides eno...