Search found 560 matches

by Nearly A Moose
Sun Dec 17, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Is there still time to open a backdoor Roth this year?
Replies: 8
Views: 639

Re: Is there still time to open a backdoor Roth this year?

Thanks, all. Backdoor Roth in process now. Just waiting for the funds from my taxable account to actually show up in the my settlement fund. By the way, PoF's step-by-step tutorial is very helpful here.
by Nearly A Moose
Sun Dec 17, 2017 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: 529s - Seeking quick double check
Replies: 1
Views: 157

529s - Seeking quick double check

Hi all, I think I understand this, but I'm hoping for a quick double-check: We have two kids. We live in DC. We've maxed out our state tax benefits available by using the DC 529 plan (can deduct in effect up to $4,000 per parent, so $8,000 total regardless of the number of potential beneficiaries). ...
by Nearly A Moose
Thu Dec 14, 2017 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: Is there still time to open a backdoor Roth this year?
Replies: 8
Views: 639

Re: Is there still time to open a backdoor Roth this year?

Cool, thanks all. Shares sold. Will open the IRA soon.
by Nearly A Moose
Thu Dec 14, 2017 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: Is there still time to open a backdoor Roth this year?
Replies: 8
Views: 639

Is there still time to open a backdoor Roth this year?

Time got away from me - I had been planning on selling $5500 from my taxable account and doing a backdoor roth IRA this year. It kept being a "next week" kind of thing, and now the year is almost up. Is there still time to get this thing done this year? I don't have (and never have had) an IRA, so n...
by Nearly A Moose
Tue Dec 05, 2017 1:29 am
Forum: Personal Finance (Not Investing)
Topic: Any reason to keep my Life Insurance (FEGLI)?
Replies: 17
Views: 1145

Re: Any reason to keep my Life Insurance (FEGLI)?

Canceling it for my wife and replacing it with a much larger amount of private market term insurance for the same price is on our to do list. As others have noted, unless you're uninsurable or close to retirement, FEGLI is a really/weirdly bad deal.
by Nearly A Moose
Mon Dec 04, 2017 9:09 am
Forum: Investing - Help with Personal Investments
Topic: Family Portfolio Planning Help
Replies: 9
Views: 803

Re: Family Portfolio Planning Help

I assume the FL prepaid plan isnt portable to any other state, right? I'll confess I'm not very familiar with the prepaid plans, as I do a 529. If it's not portable, it's worth giving a little to whether your kids mat want to go out of state. You're kind of locking them into the FL schools otherwise...
by Nearly A Moose
Wed Nov 29, 2017 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: Do you include your play money investments in your internal return tracking?
Replies: 2
Views: 325

Do you include your play money investments in your internal return tracking?

For those Bogleheads who have "play money" accounts (e.g., 5% of total investments set aside for trading or bitcoin or whatever) and who track their overall internal rate of return across their entire portfolio, do you include the "play money" allocation in that figure? My intuition is that it won't...
by Nearly A Moose
Wed Nov 29, 2017 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Can I afford a $1,400,000 house
Replies: 93
Views: 8621

Re: Can I afford a $1,400,000 house

Yes, you can afford it. We make less than you will combined and are looking at taking on mortgage in a home upgrade than this in a couple years. But I'm going to encourage you to pump the brakes on this one. I'm not in the "you can't afford it because you have negative net worth, etc." camp, and ver...
by Nearly A Moose
Thu Nov 16, 2017 1:12 pm
Forum: Personal Consumer Issues
Topic: Has used furniture dropped in value dramatically?
Replies: 108
Views: 8842

Re: Has used furniture dropped in value dramatically?

Even more contemporary furniture can have zero value. I craigslist everything and am a firm believer of dropping the price significantly every week until it goes. We sold a very nice oak and glass lighted china cabinet from the early 90s for $5. Sold 4 early 70's maker marked colonial pine chairs f...
by Nearly A Moose
Wed Nov 15, 2017 9:31 pm
Forum: Personal Consumer Issues
Topic: Creating External Exhaust for Microwave over Range - Need Reality Check
Replies: 26
Views: 2139

Re: Creating External Exhaust for Microwave over Range - Need Reality Check

Many thanks to everyone who chimed in - such a valuable DIY home improvement forum :D I should have mentioned in the OP that counter space is far too precious to devote it to a microwave. And I'm not dying to make massive revisions to my kitchen only to sell in a few years, so I think I'll replace t...
by Nearly A Moose
Mon Nov 13, 2017 10:58 pm
Forum: Personal Consumer Issues
Topic: Creating External Exhaust for Microwave over Range - Need Reality Check
Replies: 26
Views: 2139

Re: Creating External Exhaust for Microwave over Range - Need Reality Check

Thanks ^^ I'm afraid I haven't figured out how to post photos here yet. But to clarify, I'm envisioning a microwave with a built it exhaust system, not a microwave plus a separate exhaust fan unit, which I agree would look funky. I'll take a look at the videos. And if I can sort out the pictures I'l...
by Nearly A Moose
Mon Nov 13, 2017 10:23 pm
Forum: Personal Consumer Issues
Topic: Upgrading a flight - what are your rules?
Replies: 40
Views: 3742

Re: Upgrading a flight - what are your rules?

Hard to say without knowing the financial situation, but I'd consider the upgrade both ways. But that's about $1000, so not an amount to sneeze at. But my philosophy is increasingly that airline travel is a systemically miserable experience and I'm willing to spend gratuitous amounts of money to mak...
by Nearly A Moose
Mon Nov 13, 2017 10:11 pm
Forum: Personal Consumer Issues
Topic: Creating External Exhaust for Microwave over Range - Need Reality Check
Replies: 26
Views: 2139

Creating External Exhaust for Microwave over Range - Need Reality Check

Question for all the home improvement DIY'ers out there. How difficult is it to run an external exhaust conduit for a microwave mounted over a range? One of the many pet peeves I have about my house is that the microwave (mounted over the range), despite being on an external wall, is setup to vent b...
by Nearly A Moose
Mon Nov 13, 2017 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: What might you ask In-laws' FA?
Replies: 39
Views: 3028

Re: What might you ask In-laws' FA?

I would ask your in-laws what they hope to achieve by you attending the meeting. My dad wanted me to meet "his guy" at Merrill Lynch just to have the connection for when he passed. He didn't want me to ask questions. If I knew then what I know now I would have wanted to understand what stocks he ow...
by Nearly A Moose
Mon Nov 13, 2017 2:50 pm
Forum: Investing - Help with Personal Investments
Topic: Help with daughters first investments
Replies: 12
Views: 758

Re: Help with daughters first investments

Does she get a W-2 with income in Box 1? She needs that to contribute to a tIRA or Roth. It's been almost 50 years, but I don't think my RA salary was taxable income? I've no idea if the rules have changed since then. JW [/quote] Definitely check this out. It’s not been quite that long for me (earl...
by Nearly A Moose
Mon Nov 13, 2017 2:35 pm
Forum: Personal Consumer Issues
Topic: Anyone planning on getting the new Pixel phone?
Replies: 141
Views: 10133

Re: Anyone planning on getting the new Pixel phone?

Just curious: are there many iPhone converts in this discussion, or mostly Google fans?
by Nearly A Moose
Mon Nov 13, 2017 2:14 pm
Forum: Personal Consumer Issues
Topic: What backup service to use?
Replies: 28
Views: 2188

Re: What backup service to use?

One cool feature ofr CrashPlan was that it could also backup my network drive on my NAS. My photo collection is too large to keep on my laptop hard drive, so I simply keep the working files on my NAS in a mapped network drive. I simply set the network drive to automatically mount whenever I'm on the...
by Nearly A Moose
Mon Nov 13, 2017 1:31 am
Forum: Personal Consumer Issues
Topic: Better way to get rid of old fridge?
Replies: 38
Views: 2605

Re: Better way to get rid of old fridge?

Thanks all. I'll do a quick check on whether DC will pay me to have them pick up but otherwise will just let Lowe's deal with it for $15. Sounds like anything else involves more effort than I feel like making here.
by Nearly A Moose
Sun Nov 12, 2017 10:39 am
Forum: Personal Consumer Issues
Topic: Better way to get rid of old fridge?
Replies: 38
Views: 2605

Better way to get rid of old fridge?

We likely will be upgrading our fridge this month. Lowes and Best Buy will both haul away our existing fridge for $15. I'm tempted to do that because it's easy, but I was wondering if anyone knows of other (easy) ways to get rid of a fridge. The old one still works, but it's showing signs it's going...
by Nearly A Moose
Sun Nov 05, 2017 12:03 am
Forum: Investing - Help with Personal Investments
Topic: Children's money?
Replies: 26
Views: 2815

Re: Children's money?

For now, it just goes into a savings account in our (parents') name with the intent it goes to the kids. Its in the hundreds of dollars. If we ever got amounts into the thousands, we'd put it into a 529, unless the giver was very specific that it must go to the kids for complete control (as adults),...
by Nearly A Moose
Thu Nov 02, 2017 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Giving up on Quicken? (and expense tracking software altogether)
Replies: 53
Views: 3613

Re: Giving up on Quicken? (and expense tracking software altogether)

Not a longtime user (I've tried on and off but can never really make it stick), but I'll chime in anyway. I think you've laid out the considerations well, and it sounds like that analysis is pushing you away from Quicken. You don't really need it to reconcile accounts, it sounds like your cash flow ...
by Nearly A Moose
Mon Oct 30, 2017 7:50 pm
Forum: Personal Consumer Issues
Topic: Need a good cover crop recommendation for home garden
Replies: 20
Views: 1580

Re: Need a good cover crop recommendation for home garden

OP here, popping back in to say thank you for all the recommendations (have been entertaining company - they're not quite as into BH...). I'll do some research on my growing zone (7) and will see what I can come up with. Maybe just a plank and tarp...
by Nearly A Moose
Sat Oct 28, 2017 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: VG free turbo tax?
Replies: 26
Views: 2293

Re: VG free turbo tax?

I'm fairly new to this board so I hope I'm not committing heresy, but Fido still offers the free Turbo Tax perk (well, at least they did for the 2016 tax year). 8-) It takes more than Fido to commit heresy here. Usually it takes insurance products masquerading as investments to do that. I have a 40...
by Nearly A Moose
Fri Oct 27, 2017 10:16 pm
Forum: Personal Consumer Issues
Topic: Need a good cover crop recommendation for home garden
Replies: 20
Views: 1580

Need a good cover crop recommendation for home garden

I have a small 4x6 ft raised bed that I built a few years ago in my fenced in and otherwise paved or graveled over backyard (urban rowhome). I've thus far grown regular garden vegetables using the square foot gardening method, but young kids and increasing job responsibilities mean tending it is too...
by Nearly A Moose
Fri Oct 27, 2017 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: New member-hello [Where to get high safe return on new home money]
Replies: 6
Views: 760

Re: New member-hello [Where to get high safe return on new home money]

Look into Vanguard limited term tax exempt municipal bond fund. Currently yielding [checks own holdings] 1.35% (SEC Yield), tax exempt. It's very stable. I've only held it for 10 months, but thus far it's behaved as expected and done what I had expected, which is to give me a relatively safe yield t...
by Nearly A Moose
Fri Oct 27, 2017 9:58 pm
Forum: Personal Consumer Issues
Topic: Help finding suitable neighborhoods around Raleigh/Durham/Chapel Hill
Replies: 16
Views: 1338

Re: Help finding suitable neighborhoods around Raleigh/Durham/Chapel Hill

When I mentioned "Apex" earlier, I had actually meant Cary. :oops: Not sure how that happened. (Apex locationally might still be okay based on what you're saying). I definitely think you should look into Cary. Fair amount of variation there. Definitely low-density suburban style, though, but I assum...
by Nearly A Moose
Fri Oct 27, 2017 9:50 pm
Forum: Personal Finance (Not Investing)
Topic: My fear about buying a house justified?
Replies: 72
Views: 6346

Re: My fear about buying a house justified?

There are two choices a) Live in a 1 bedroom or a 2 bedroom b) rent versus buy A 1 bedroom is cheaper than a 2 bedroom. Buying is likely to be slightly cheapr than renting. Now you might not be willing to commit to 10 years in a 1 bedroom but are for 2 bedroom. randomguy, You are correct. But, peop...
by Nearly A Moose
Fri Oct 27, 2017 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: My fear about buying a house justified?
Replies: 72
Views: 6346

Re: My fear about buying a house justified?

I think perhaps you are being too picky about your first house. A first house should be a fixer upper. Perhaps you are looking for a perfect turn key house which is going to come at an inflated price. I think this is cute- but I don't know the area: https://www.realtor.com/realestateandhomes-detail...
by Nearly A Moose
Fri Oct 27, 2017 3:20 am
Forum: Personal Finance (Not Investing)
Topic: "Morningstar names best 529 college savings plans for 2017"
Replies: 17
Views: 2564

Re: "Morningstar names best 529 college savings plans for 2017"

Does morningstar not know that DC offers a 529 plan?
by Nearly A Moose
Fri Oct 27, 2017 3:06 am
Forum: Personal Finance (Not Investing)
Topic: My fear about buying a house justified?
Replies: 72
Views: 6346

Re: My fear about buying a house justified?

I live in DC. I honestly can't figure out how people do it in this city on government salaries alone (that's not a knock on government work - I think a lot of government workers in DC are undercompensated). If you're just trying to get more guest space, I don't think buying makes sense. I'd just eit...
by Nearly A Moose
Fri Oct 27, 2017 2:37 am
Forum: Personal Finance (Not Investing)
Topic: First Time Home Buyer Products
Replies: 15
Views: 1317

Re: First Time Home Buyer Products

10% down, 80% first mortgage and 10% second mortgage to avoid mortgage insurance? I know one of my friend did this. That's a thing people do, huh? How did it work out for him? Worked fine for me! This type of product can be very helpful for high earners in HCOL areas. The down payment on a million ...
by Nearly A Moose
Fri Oct 27, 2017 2:27 am
Forum: Personal Consumer Issues
Topic: Help finding suitable neighborhoods around Raleigh/Durham/Chapel Hill
Replies: 16
Views: 1338

Re: Help finding suitable neighborhoods around Raleigh/Durham/Chapel Hill

Carrboro is nice. It's been about 8 years, so my knowledge is a bit dated, but I don't think you'll find all your options in Durham (and I've lived there myself). They were doing a lot to revive the old tobacco warehouse district when I was there, but I always felt it was more grad students than fam...
by Nearly A Moose
Thu Oct 26, 2017 12:07 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime customers can now give Amazon access to their home
Replies: 53
Views: 4658

Re: Amazon Prime customers can now give Amazon access to their home

Packages have a way of walking away from MN Y doorstep, even with a security camera. Parts of the country would definitely benefit from this. I'd prefer to give access to some sort of look locker on my property though.
by Nearly A Moose
Thu Oct 26, 2017 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Request for Promotion letter to Senior Management
Replies: 155
Views: 12691

Re: Request for Promotion letter to Senior Management

No, just don’t. I have never seen something like that be successful. The right way to do it is to schedule time with the person and instead of saying “I need to be promoted” instead sat “what do I need to demonstrate to get to the next level?” They might promote you on your letter just to hang on, ...
by Nearly A Moose
Thu Oct 26, 2017 11:43 am
Forum: Investing - Help with Personal Investments
Topic: Should I sell rental property before I would have to pay taxes on capital gains?
Replies: 18
Views: 1370

Re: Should I sell rental property before I would have to pay taxes on capital gains?

123 wrote:
Wed Oct 25, 2017 4:53 pm
I would say to take advantage of the tax break and to diversify the proceeds received into mutual funds. Maybe it's worked out well so far with your current tenant but that isn't guaranteed for the long run.
+1 you could super-fund a 529 with that money and effectively have college paid for.
by Nearly A Moose
Thu Oct 26, 2017 11:36 am
Forum: Investing - Help with Personal Investments
Topic: Anyone adding in specific Funds for heirs
Replies: 13
Views: 841

Re: Anyone adding in specific Funds for heirs

Nowhere close to this myself, but if I were “investing for my heirs” using a bucket approach, especially if I thought I had a lot of golf left to play and I was confident I didn’t need the money, i’d pick a very aggressive allocation due to the presumed Long time horizon.
by Nearly A Moose
Wed Oct 25, 2017 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Windfall Question - Farmland Rental versus Sale
Replies: 31
Views: 1865

Re: Windfall Question - Farmland Rental versus Sale

There is a fair amount of government involvement in lending related to agriculture. If you haven't already educated yourself, you should learn whether as an owner of farmland you would be able to benefit from special loan programs. I know only enough to be dangerous here, unfortunately. Since you're...
by Nearly A Moose
Wed Oct 25, 2017 10:25 am
Forum: Personal Finance (Not Investing)
Topic: Student Loan: To Pay or Not to Pay: That is the Question
Replies: 32
Views: 3108

Re: Student Loan: To Pay or Not to Pay: That is the Question

I wouldn't pay it off while between jobs, even if confident of your prospects and living off a severance. It's a small price to have the liquidity just in case. But, after that, I would consider paying it off in full, if you're not getting the tax deduction. I paid off my wife's and my loans earlier...
by Nearly A Moose
Tue Oct 24, 2017 11:47 pm
Forum: Personal Consumer Issues
Topic: New TV, what's important?
Replies: 42
Views: 3100

Re: New TV, what's important?

Size.
by Nearly A Moose
Tue Oct 24, 2017 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 183
Views: 20358

Re: Let's talk about your FI # and family income [Financial Independence]

I get that OP gets to ask the question he/she wants, but I don't household income makes sense in some scenarios. For example, my household income is: $550k But my FI number is somewhere between $3.5-4.5M, assuming I still have to pay off my mortgage and pay for kids' school. A lot less if those are ...
by Nearly A Moose
Tue Oct 24, 2017 11:25 pm
Forum: Personal Finance (Not Investing)
Topic: Help Please...Do I cash out Universal Life Policy?
Replies: 10
Views: 914

Re: Help Please...Do I cash out Universal Life Policy?

I think the questions are: (A) Is the policy truly paid up? As in they don't charge you any premiums each year? (B) Or do they still charge a premium that is getting paid from within the policy itself somehow? If so, how much is the premium, and: (B)(1) Is the premium being paid by the dividend each...
by Nearly A Moose
Tue Oct 24, 2017 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: Hit Savings or take out loan?
Replies: 5
Views: 954

Re: Hit Savings or take out loan?

Sounds like that's what the fund is there for, no? Think of it this way. Let's say your alternative is to pull the $45k out of your home equity via a home equity line of credit. Let's say that costs you 4.75% Let's say your high yield savings account yields 1.25%. By taking out a loan to maintain li...
by Nearly A Moose
Tue Oct 24, 2017 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: Does anyone here with net worths north of $1 mil use financial advisors?
Replies: 175
Views: 18441

Re: Does anyone here with net worths north of $1 mil use financial advisors?

Probably depends on whether you feel the need to try to get really fancy with tax planning and such, but I have no intention of getting an FA when I hit that milestone. I'm already in a very high marginal bracket, so it's not like my total stock market account in my taxable account's dividends or ca...
by Nearly A Moose
Tue Oct 24, 2017 11:04 pm
Forum: Personal Finance (Not Investing)
Topic: Whole Life Policy Analysis
Replies: 53
Views: 2795

Re: Whole Life Policy Analysis

This seems like the point where you might be able to justify keeping it as a mediocre investment that stunk earlier, but based on what you've described, your savings rate is completely dwarfing any effect this thing will have on your life. So you might simply ask yourself, does it both you significa...
by Nearly A Moose
Tue Oct 24, 2017 10:48 pm
Forum: Personal Finance (Not Investing)
Topic: Life in AMT Hell (or, How I Learned to Keep Worrying and Hate the Exemption Phaseout)
Replies: 65
Views: 8384

Re: Life in AMT Hell (or, How I Learned to Keep Worrying and Hate the Exemption Phaseout)

Yeah, it's a pain. I relate very strongly to the comments about feeling like you have no control over or ability to analyze the situation. It's very easy to look at my income, guestimate by AGI, figure out what state and federal marginal tax rates I'll end up in if I were in the standard tax system,...
by Nearly A Moose
Tue Oct 24, 2017 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken 2018 for Mac [and PC Released]
Replies: 41
Views: 4935

Re: Quicken 2018 for Mac [and PC Released]

I have to say, I feel like I've tried really hard to like Quicken, as well as some other money management tools, and I just can't get myself on board. I either can't keep up with micromanaging of the transactions, or inevitably some transfer somewhere doesn't get captured by the software correctly a...
by Nearly A Moose
Tue Oct 24, 2017 9:09 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio for long-ish term expenses
Replies: 12
Views: 716

Re: Portfolio for long-ish term expenses

Let's say you create a bucket with 40% total stock market and 60% total bond (or a tax-exempt bond fund if more appropriate). According to Portfolio Visualizer, since 1987, this would have resulted in a real CAGR of 5.24%, 6.59% standard deviation, and a max drawdown of just slightly less than 20% ...
by Nearly A Moose
Tue Oct 24, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio for long-ish term expenses
Replies: 12
Views: 716

Re: Portfolio for long-ish term expenses

Here's what I'd do if I were in your shoes: invest either your "medium term expense" fund or your medium term expense fund AND your emergency fund in a reasonably conservative allocation that has both stock and bond allocation. This could be a single all-in-one fund or a simple combination of stock ...
by Nearly A Moose
Mon Oct 23, 2017 11:40 am
Forum: Personal Consumer Issues
Topic: Which minivan?
Replies: 25
Views: 2079

Re: Which minivan?

There was a thread a few weeks ago where someone asked for recommendations on a third-row SUV for kids, and tons of people came out and said just get a minivan. Suggest a quick search for that. I posted, so you could search my posts if you want. I haven't owned either, but I very strangely get extre...
by Nearly A Moose
Mon Oct 23, 2017 11:32 am
Forum: Investing - Theory, News & General
Topic: Emergency Fund Allocation Nuance
Replies: 8
Views: 640

Re: Emergency Fund Allocation Nuance

People do both. Plus 1 Those who are on the way to acquiring significant assets keep their EF separate because they don't have enough to tap in the event of an emergency. This is sort of where I am. I think those with significant assets tend to treat their EF as part of their overall portfolio, and...