Search found 592 matches

by N10sive
Thu Nov 15, 2018 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: How Long / Hard To Become a Millionaire on Under $100k Income
Replies: 131
Views: 10119

Re: How Long / Hard To Become a Millionaire on Under $100k Income

If you live in a city on the west or east coast, it will be a long road. Live in Wichita? then you are sitting pretty. So few people make it because most people don't make much more than what their expenses cover even if they don't spend extravagantly. Its always easy to blame others' lack of savin...
by N10sive
Tue Nov 13, 2018 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Salary vs Equity at a startup
Replies: 15
Views: 1445

Re: Salary vs Equity at a startup

I didn't see this mentioned, but another thing to think about is what kind of options.

Are the NQSO or ISO? That would also weigh heavily into my decision and then of course how well I think the companies tech is/the chance it will be bought(hard to know right off though).
by N10sive
Fri Nov 09, 2018 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: Which Loan to Pay off?
Replies: 6
Views: 393

Re: Which Loan to Pay off?

I think the easy answer is the student loan. You are getting a tax break with the mortgage interest deduction plus you technically have an asset in your house. If for any reason you can sell the house and lose the loan. The SL not so much. Plus the SL is a lower amount and once that is paid off you ...
by N10sive
Wed Oct 31, 2018 8:36 pm
Forum: Investing - Help with Personal Investments
Topic: Where should I be financially at 39?
Replies: 42
Views: 5892

Re: Where should I be financially at 39?

No one can tell you that because it varies way to much. Some people are better off, some people not so much, some people get a lot of help from parents, some do not etc. There is a basic number I believe is to have 1x salary by the time your 30 and 2x by the time your 35, 3x by 40 etc.... You can no...
by N10sive
Fri Oct 26, 2018 7:41 pm
Forum: Personal Consumer Issues
Topic: How to debug slow wifi?
Replies: 27
Views: 1856

Re: How to debug slow wifi?

Have you updated the FW of the router? And all other modems etc?

Regarding the 5GHz of your router, is there a box to show the 5GHz SSID or hide it?
by N10sive
Thu Oct 25, 2018 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Withdrawing Roth IRA contributions
Replies: 6
Views: 529

Re: Withdrawing Roth IRA contributions

Following this as I am interested in learning the answer to this. Can you just withdraw your contributions? Does it matter where it comes from? I.e. one stock does better than the other and you sell and withdraw that, technically you would have gains.
by N10sive
Fri Oct 19, 2018 11:25 am
Forum: Investing - Help with Personal Investments
Topic: 401K Rollover to New Employer
Replies: 7
Views: 480

Re: 401K Rollover to New Employer

Alan S. wrote:
Thu Oct 18, 2018 9:08 pm
Not correct. Only an IRA is eligible for the 10k exception. See the following penalty exceptions chart:
https://www.irs.gov/retirement-plans/pl ... tributions
Thanks, I must have read that wrong initially. I updated my post.
by N10sive
Thu Oct 18, 2018 2:03 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Rollover to New Employer
Replies: 7
Views: 480

Re: 401K Rollover to New Employer

An IRA plan allows first time home buyer 10k withdrawal without penalty but subject to income tax.

401k allows loans
by N10sive
Wed Oct 17, 2018 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Approach to rescinding a job acceptance
Replies: 50
Views: 4093

Re: Approach to rescinding a job acceptance

I declined an offer because of scheduling and called back asking if I would like the job if a different schedule opened up. I said yes. Hiring manager opened up a new position and asked me if I still wanted the job. Unfortunately I had to tell him no because of a better offer at the current job I ha...
by N10sive
Mon Oct 15, 2018 11:06 am
Forum: Investing - Theory, News & General
Topic: Large Cap Growth vs Blend
Replies: 3
Views: 233

Re: Large Cap Growth vs Blend

No. Best option is likely the cheapest large cap blend fund in your plan. Actually, a total stock market fund would be better yet if there is one. In my opinion a large cap blend index fund is likely the better choice, because of lower expense ratio and broader diversification. Thanks. Unfortunatel...
by N10sive
Mon Oct 15, 2018 10:47 am
Forum: Investing - Theory, News & General
Topic: Large Cap Growth vs Blend
Replies: 3
Views: 233

Large Cap Growth vs Blend

Hi, I've read a few threads on large cap growth vs blend but still have a question. Choosing between a large cap growth vs blend, what should the main factors be? Should one choose to hold more of the other based on ER? I have the current option of the TRP LG Cap core growth https://www4.troweprice....
by N10sive
Thu Sep 20, 2018 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: HSA investment plan
Replies: 11
Views: 1162

Re: HSA investment plan

If you are not going to put into an HSA in the foreseeable future, I would use the remainder of the HSA for medical expenses. Otherwise the fees involved really don't make it worth it.
by N10sive
Thu Sep 20, 2018 11:41 am
Forum: Personal Finance (Not Investing)
Topic: 401K loan
Replies: 7
Views: 529

Re: 401K loan

Monthly, about 75-80% of what the HELOC 5 year repayment would be. I just realized I'm losing potential 401K growth and offsetting by not paying the CU interest. The CU and 401K interest rate is exactly the same. YTD, my 401K investments are up 3% (Fidelity Target Retirement fund). That may be anot...
by N10sive
Wed Sep 19, 2018 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: 401K loan
Replies: 7
Views: 529

Re: 401K loan

How much do you contribute to your taxable investments? Why not use those contributions to pay down the HELOC faster?
by N10sive
Tue Sep 18, 2018 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Options
Replies: 8
Views: 501

Re: HSA Investment Options

Check the Vanguard 500 fund. Thanks I didn't actually see that one. It says .14% total operating expense for investor shares which is what I guess I would have. http://quote.morningstar.com/fund-filing/Prospectus/2017/4/27/t.aspx?t=VFIAX&ft=485BPOS&d=9974378557416b45bc2d832f365d2008 Your earlier po...
by N10sive
Tue Sep 18, 2018 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Options
Replies: 8
Views: 501

Re: HSA Investment Options

Darth Xanadu wrote:
Tue Sep 18, 2018 12:30 pm
Check the Vanguard 500 fund.
Thanks I didn't actually see that one. It says .14% total operating expense for investor shares which is what I guess I would have.
http://quote.morningstar.com/fund-filin ... 2f365d2008
by N10sive
Tue Sep 18, 2018 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Options
Replies: 8
Views: 501

Re: HSA Investment Options

Put the expense ratios in your post..not the share prices. At this point I am more looking into what people would suggest as good options. My HSA is through Payflex and a rather crappy website. For every fund it just links me to the Morningstar like this: http://quote.morningstar.com/fund-filing/Pr...
by N10sive
Mon Sep 17, 2018 8:53 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Options
Replies: 8
Views: 501

HSA Investment Options

Hello, I am finally able to put money into the investment options of my HSA. Could you please recommend what options to use. I am only 31 and plan to keep this invested for as long as I can. I am a relatively healthy individual. I was thinking something similar to the S&P500 but do not recognize mos...
by N10sive
Thu Sep 06, 2018 7:18 pm
Forum: Personal Consumer Issues
Topic: taking home equity for credit card debt?
Replies: 19
Views: 1248

Re: taking home equity for credit card debt?

If you have good credit just look for another CC balance 0% transfer. There are plenty companies doing it but you need to pay more than the minimum payment.
by N10sive
Thu Aug 30, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: 0% card to another 0%?
Replies: 21
Views: 1392

Re: 0% card to another 0%?

As others have said you could pry make more off cc rewards or even in the market. That 10k probably made more than the past couple weeks in the stock like S&P500 than it would the 185 for the whole year.
by N10sive
Wed Aug 29, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: 0% card to another 0%?
Replies: 21
Views: 1392

Re: 0% card to another 0%?

I have never had a zero percent card with a balance. I assume there is a minimum payment like with other cards? There is a minimum payment it is just a lot less than if it was at a normal APR rate in my experience. For example a 10k balance could have say a $150 minimum payment vs a $250-300 paymen...
by N10sive
Wed Aug 29, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: 0% card to another 0%?
Replies: 21
Views: 1392

Re: 0% card to another 0%?

Is it really 1.85% though? If its in an interest bearing account you could be losing some of that to taxes which effectively lowers it. Another note also does the card have cash back rewards? Id just make sure to pay off or transfer the money since you could be charged the full interest since you tr...
by N10sive
Fri Aug 24, 2018 11:10 am
Forum: Personal Finance (Not Investing)
Topic: I still use cash not credit cards should I reconsider?
Replies: 102
Views: 7901

Re: I still use cash not credit cards should I reconsider?

Sorry as I didn't read all of this thread but there is another thing you can do if you don't like CC's. That is bank rewards. Open a checking account at a bank and use direct deposit from your work and you can make 150-500 dollars easily. That is a higher return than most credit cards. This will be ...
by N10sive
Wed Aug 15, 2018 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Compensation negotiation
Replies: 10
Views: 717

Re: Compensation negotiation

If he is still working I wouldn't move for less than 15%. If he feels he is underpaid at his current company I could move that to 25% or more. (Unless he is completely sick and tired of the place, but he still has the leverage in this scenario) I would have that as base salary and dependent on compl...
by N10sive
Wed Aug 15, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: Compensation negotiation
Replies: 10
Views: 717

Re: Compensation negotiation

Do some research, pick a number he feels comfortable at and go from there.

You can always say something along the lines "Of course the salary is negotiable based on other compensation benefits, bonus, 401k match, ability to increase salary based on a earlier performance review etc."
by N10sive
Mon Aug 13, 2018 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Help evaluate our financial health
Replies: 13
Views: 1144

Re: Help evaluate our financial health

I think your doing great on savings. But I think to fix your anxiety you could reduce your spending. And not sure if you need to build up that much more EF. Does your general merchandise category include all home items like soap, detergent etc as I see you mention its mostly costco/amazon purchases?...
by N10sive
Fri Aug 10, 2018 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Is your monthly expense really that stable or in reality, pretty volatile?
Replies: 46
Views: 3487

Re: Is your monthly expense really that stable or in reality, pretty volatile?

cj2018 wrote:
Fri Aug 10, 2018 3:34 pm
  • oil change: $220 (damn you, jiffy lube) - i drive a Honda and only do oil change stuff probably once and twice per year
If this is just an oil change you are being ripped off.
by N10sive
Fri Aug 10, 2018 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: IRA Withdrawal for House Down Payment
Replies: 7
Views: 607

Re: IRA Withdrawal for House Down Payment

To clarify, there is no first home 10,000 penalty waiver for 401k distributions. The penalty exception only applies to IRA distributions. https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-tax-on-early-distributions Thank you! This is exactly what I wanted to find out.
by N10sive
Tue Aug 07, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: IRA Withdrawal for House Down Payment
Replies: 7
Views: 607

Re: IRA Withdrawal for House Down Payment

1. Penalty free, but not tax free. 2. A loan and a distribution are different things. Many 401(k) plans allow for a loan for a downpayment on a home. Frequently the pay back period is longer than the 5 years for loans for other purposes. 3. Yes. But again, distribution and loan are different. Thank...
by N10sive
Tue Aug 07, 2018 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: IRA Withdrawal for House Down Payment
Replies: 7
Views: 607

IRA Withdrawal for House Down Payment

A friend was told from another person to withdraw from his 401k to use as a down payment to purchase a condo. I told him this pry wasn't the greatest idea due to all the taxes/fees involved but have brought up a few questions when I did some research. 1. Can you withdraw from a Traditional IRA up to...
by N10sive
Thu Aug 02, 2018 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Prioritization of debt repayment vs 401k window
Replies: 10
Views: 543

Re: Prioritization of debt repayment vs 401k window

I would take 14k out of the 26k of your emergency savings and pay the cc off. 14k at 14% I would consider an emergency. Then build back up your emergency savings while contributing to your 401k. You could also look for a 0% credit card balance transfer. Seems like all cards are offering some sort of...
by N10sive
Thu Aug 02, 2018 3:02 pm
Forum: Personal Finance (Not Investing)
Topic: Lease/ buy a second car for cost savings?
Replies: 18
Views: 753

Re: Lease/ buy a second car for cost savings?

What model minivan is it? If it is a honda or Toyota I would go ahead and just put the mileage on it. It should last awhile and not have much maintenance needed. The only way to save money in this scenario would be to buy an old car. For example a 2000 honda civic if you can find one with say 150k m...
by N10sive
Wed Aug 01, 2018 5:53 pm
Forum: Personal Consumer Issues
Topic: Time to sell my 2003 Accord?
Replies: 33
Views: 2213

Re: Time to sell my 2003 Accord?

Those items seem like normal maintenance items for a vehicle of that vintage and mileage.
by N10sive
Wed Aug 01, 2018 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy new Nissan Leaf?
Replies: 35
Views: 2556

Re: Should I buy new Nissan Leaf?

I would do it especially with the federal tax reduction offers pry dropping soon/lower along with the unknown with your company credit. I imagine you could get a little more for your prius than 2-3k unless it is in horrible shape.
by N10sive
Tue Jul 31, 2018 3:55 pm
Forum: Personal Consumer Issues
Topic: money saving tips for travel to Canada for a month
Replies: 22
Views: 1831

Re: money saving tips for travel to Canada for a month

Alcohol is very expensive in Ontario -- other than some small wine shops, it's basically sold through LCBO (provincial liquor authority) stores &, for beer, Brewers Retail. LCBO also has Vintages shops which have more vintages of wine, etc. Ice wine is a local treat and some Ontario wineries are qu...
by N10sive
Tue Jul 31, 2018 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Settle my claim or elevate issue
Replies: 18
Views: 1617

Re: Settle my claim or elevate issue

For an $800 dollar claim? I would just settle it.
by N10sive
Tue Jul 31, 2018 2:37 pm
Forum: Personal Finance (Not Investing)
Topic: How to prepare for "the talk"
Replies: 64
Views: 5287

Re: How to prepare for "the talk"

OP take some of these suggestions with a grain of salt. People come from different backgrounds and have different views on matters that involve family. That being said, One start would be to pay off the student loans you incurred on them if you can. I am not sure what "education has paid off tremend...
by N10sive
Mon Jul 30, 2018 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Consistently over budget on food - what are you guys eating?
Replies: 70
Views: 6275

Re: Consistently over budget on food - what are you guys eating?

For example, I can get a Costco size of ground beef and do so many different meals with it (spaghetti, tacos, burgers, etc.) and usually that can last me a week or so. My one downfall are energy drinks which are usually 2 for $4. At drinking one a day, it can really add up. Where do you buy these e...
by N10sive
Fri Jul 20, 2018 3:19 pm
Forum: Personal Consumer Issues
Topic: Heart Rate Monitors Fitbit vs. Garmin
Replies: 31
Views: 2458

Re: Heart Rate Monitors Fitbit vs. Garmin

I own an old garmin vivosmart without HR. I bought it when it first came out, I think around 4 years now. It still works flawlessly. I've had to replace the band with a pack from amazon for less than 10 bucks. I use the chest mount HR and connects to my watch. Has worked for my purposes of measuring...
by N10sive
Wed Jul 18, 2018 12:09 pm
Forum: Personal Consumer Issues
Topic: Did I get ripoff by this car mechanic?
Replies: 37
Views: 4089

Re: Did I get ripoff by this car mechanic?

$80 an hour? Where do you live, Kansas? Every car dealer in the greater Ann Arbor area is $110 an hour. Also, how long they had the car is not relevant, since they lookup the work in a manual which has the hours for each thing. If it says 3.0 hours, and they do it in 2 hours, you pay for 3.0. If th...
by N10sive
Wed Jul 18, 2018 11:49 am
Forum: Personal Finance (Not Investing)
Topic: Thinking about job change but current job gives 9% salary into 401k..
Replies: 27
Views: 3602

Re: Thinking about job change but current job gives 9% salary into 401k..

Consider the $$. Just for math lets say 25% tax rate. So a 9 grand match on an IRA is worth about 11 grand in payroll. If the other guy gives you 10-12 grand in salary you are indifferent. By that I mean its the same thing. Except you can spend it however you wish. While I agree that its just money...
by N10sive
Mon Jul 16, 2018 2:15 pm
Forum: Personal Consumer Issues
Topic: Did I get ripoff by this car mechanic?
Replies: 37
Views: 4089

Re: Did I get ripoff by this car mechanic?

OP, How long did they have the car? $780 for labor is quite a bit if we say an average $80 per hour which is reasonable in most areas. More expensive cities will be a bit more. So you are roughly saying 10 hours for labor. The only thing I would really dispute is what their hourly rate is and how lo...
by N10sive
Wed Jun 27, 2018 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: What is your debt interest rate threshold?
Replies: 57
Views: 3848

Re: What is your debt interest rate threshold?

Why a high priority? The 3-month T-bill rate is 1.93% and the interest rate on his student loan is 1.6%. His wife’s rates are all well over 3%. His Wife has one over 5%. I would at least pay that one off. But again we really don't know much. Depending on their tax bracket they could get a lot of th...
by N10sive
Wed Jun 27, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Another should we buy this So. Cal house thread...
Replies: 42
Views: 2369

Re: Another should we buy this So. Cal house thread...

Would be nice to put our family in a home, but meh. Don't want to barely get by every month, either. Im confused, if its 36% of your NET take home after you have deducted your 401k etc. That means you have NET around 8.5K for monthly expenses? Okay minus child care and car its 7.25k. You will feel ...
by N10sive
Wed Jun 27, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: Another should we buy this So. Cal house thread...
Replies: 42
Views: 2369

Re: Another should we buy this So. Cal house thread...

I would second a house inspection during the construction if possible. Or look up other sites the builder has built and reviews. While you hope a new home would come with few issues, I know some areas in SD where the builder cut corners and created headaches for the homeowners later on. Its fine tha...
by N10sive
Wed Jun 27, 2018 10:58 am
Forum: Personal Finance (Not Investing)
Topic: What is your debt interest rate threshold?
Replies: 57
Views: 3848

Re: What is your debt interest rate threshold?

This is probably one of the most common threads on here. This link is referenced in many of them https://www.whitecoatinvestor.com/pay-off-debt-or-invest/ Its not just about interest rate though, you have to look at your complete financial picture: emergency savings, salary, job stability, debt amou...
by N10sive
Wed Jun 27, 2018 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Lost out on promotion
Replies: 104
Views: 11101

Re: Lost out on promotion

I wound up quitting (it was time for many reasons) and in my exit interview the top boss told me that multiple people had approached him to say he should try to retain me and not let me leave. He also told me that until that happened, he had never even heard my name (because of the failure to promo...
by N10sive
Tue Jun 26, 2018 2:50 pm
Forum: Personal Consumer Issues
Topic: Family dynamics/in laws/am I being petty?
Replies: 143
Views: 7856

Re: Family dynamics/in laws/am I being petty?

If it's a small group - 6 or less, splitting usually works out as we eat/drink about the same. Sometimes you come out ahead, sometimes not. The worst is a large group with 1 check and everyone "throws" in what they think their amount should be. That is a s--- show in the worst way. It's never even ...
by N10sive
Tue Jun 26, 2018 2:25 pm
Forum: Personal Consumer Issues
Topic: Family dynamics/in laws/am I being petty?
Replies: 143
Views: 7856

Re: Family dynamics/in laws/am I being petty?

As some others have mentioned you could just order more expensive meals or drinks to even it out. In my immediate family while no one is married the sibling always try to pay in full the check. Growing up my parents always fought with close friends and family to foot the entire bill. That is just wh...
by N10sive
Mon Jun 25, 2018 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Small loan by the way of 0% APR credit card
Replies: 20
Views: 1339

Re: Small loan by the way of 0% APR credit card

You have good credit rating. You could also look into lending club or similar loan companies which average 4-6% apr although the loan amount maybe too small for a decent APR. Lending club I believe doesn't do a hard pull until you apply for the loan.