Search found 55 matches

by surfer949
Wed Aug 15, 2018 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Housing affordability - what is your take?
Replies: 74
Views: 7695

Re: Housing affordability - what is your take?

We purchased a home recently in SoCal at 2x our annual gross income. We have mixed income, one high earner, one low earner. We both intend to continue working for the long haul. In the past three months the prices here have gone up 5%. Fortunately for us, we had one unexpected job transition and on...
by surfer949
Wed May 09, 2018 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: [Golf ball] cracked my house window. Do I have any recourse?
Replies: 68
Views: 7977

Re: Gold ball cracked my house window. Do I have any recourse?

OMG ok I deserve the roast lol!
I'll crack the ball to see if it's made of gold because if it is then I'm a rich man. I get at least a few landing every week. I will be calling the HOA and ask about it.

Oh and why do I want to live on a golf course? https://postimg.cc/image/7av1ny0pp/
by surfer949
Wed May 09, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: [Golf ball] cracked my house window. Do I have any recourse?
Replies: 68
Views: 7977

[Golf ball] cracked my house window. Do I have any recourse?

I live on a golf course and one of my window is cracked from a golf ball (yes I know the risk of living on a golf course) I was just wondering if I have any recourse from HOA or the owners of the golf course.
by surfer949
Thu Apr 26, 2018 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Do you need a physical for a Term Life policy?
Replies: 18
Views: 1834

Re: Do you need a physical for a Term Life policy?

Just choose your health as excellent when getting a quote (rates can go up if they found an issue, but never goes down from the initial quote). After that they will call you ask you to either go to a lab to do some tests at their expense or they send someone home, I chose someone to come home. A pe...
by surfer949
Thu Apr 26, 2018 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Do you need a physical for a Term Life policy?
Replies: 18
Views: 1834

Do you need a physical for a Term Life policy?

I'm shopping around for a Term Life insurance policy. What happens after I pick one? Do you need a physical with your doctor? I just did one and my cholesterol is slightly elevated. Is that going to be a factor?
by surfer949
Wed Apr 18, 2018 9:49 am
Forum: Personal Consumer Issues
Topic: How do you know what price to negotiate when buying a used car?
Replies: 28
Views: 2119

How do you know what price to negotiate when buying a used car?

Calling all car shopper experts :moneybag ! I'm in the market for a certified 2015 Camry and need to gauge the right price to base my negotiations with the dealer. I used the Kelly Blue Book estimate but it only gives me a range and for the car that I want, the dealer's price is within the KBB range...
by surfer949
Fri Apr 13, 2018 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Do you need a Notary for a Safe Harbor IRA roll over to Roth?
Replies: 8
Views: 703

Re: Do you need a Notary for a Safe Harbor IRA roll over to Roth?

fredjohnson wrote:
Thu Apr 12, 2018 7:52 pm
The notary requirement is common. Go to your bank and get it done free. It's not a big deal. Not like your going to the dentist or anything, so stay calm.
Thank you.
by surfer949
Thu Apr 12, 2018 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Do you need a Notary for a Safe Harbor IRA roll over to Roth?
Replies: 8
Views: 703

Re: Do you need a Notary for a Safe Harbor IRA roll over to Roth?

What are you calling a Safe Harbor IRA? There is no such account type like that. Is it an employer-funded SIMPLE IRA account? The necessity of the notary signature might depend on the value of the account. Why don't you ask the custodian of the account, instead of us? I suspect that the notary requ...
by surfer949
Wed Apr 11, 2018 4:18 pm
Forum: Investing - Help with Personal Investments
Topic: Do you need a Notary for a Safe Harbor IRA roll over to Roth?
Replies: 8
Views: 703

Do you need a Notary for a Safe Harbor IRA roll over to Roth?

My wife has a Safe Harbor IRA from one of her old job and recently got a letter package with forms to allow her to withdraw the funds (less than 1k).She want the funds to roll over to her Vanguard Roth IRA. One of the items on the form is requiring a Notary Acknowledgement, Is that necessary? Also a...
by surfer949
Wed Mar 21, 2018 11:35 am
Forum: Personal Consumer Issues
Topic: Kettlebell Swing experience?
Replies: 50
Views: 5064

Re: Kettlebell Swing experience?

Personally, I'm not that big of a fan. Any sort of strength exercise where you aren't in 100% control of the weight at all times strikes me as a recipe for injury. In a kettlebell swing, you aren't really in control of the weight mid-swing in the same way you are in full control of a squat, deadlif...
by surfer949
Thu Mar 15, 2018 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Selling & Buying Next Home Need Advice
Replies: 9
Views: 916

Re: Selling & Buying Next Home Need Advice

How about renting for 1 year and getting a feel of the neighborhoods and homes? Buying with less than 20% down likely means you are buying too much house or you just don't have enough saved to buy. We don't know your household income and other particulars so hard to give much advice. Put 20% down (...
by surfer949
Tue Mar 13, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Selling business (website) considerations
Replies: 27
Views: 2702

Re: Selling business (website) considerations

Without giving us specific details can you tell us what type of web site it is and how you came about to have it successfully purchased? I'm curious about web site businesses, thx.
by surfer949
Fri Feb 23, 2018 12:15 pm
Forum: Personal Consumer Issues
Topic: I week in California, Road Trip Planning
Replies: 65
Views: 4563

Re: I week in California, Road Trip Planning

I would say the ultimate "beach surf city" is Huntington Beach so check it out. Definitely try some Korean BBQ at Gen Korean BBQ House in Huntington Beach. The griffith observatory in LA to get a one of the best view of L.A. day or night time. Santa Monica 3rd street Promenade is a nice outdoor mall...
by surfer949
Thu Feb 22, 2018 4:48 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 42040

Re: What UN-frugal thing do you do?

I'm about to spend 1k on a gaming pc which I really really don't need but really would like one. At least I'm getting some discounts.

There I said it!
by surfer949
Thu Feb 15, 2018 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth it to put your emergency fund in a short term CD?
Replies: 5
Views: 516

Is it worth it to put your emergency fund in a short term CD?

I have about 10k in emergency funds and it is sitting in a regular savings account. Should put the money in a short term 6 months or so cd?
by surfer949
Wed Nov 08, 2017 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Do hospitals provide maternity package?
Replies: 6
Views: 694

Do hospitals provide maternity package?

We're planning to have a baby next year and I'm reviewing several private health insurance plans. Well actually only one since I'm in Texas and Blue Cross is the last big health provider. The plan is showing for maternity coverage (Delivery) - $850 Copay then 50% Coinsurance after deductible. If I u...
by surfer949
Fri Sep 15, 2017 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: How can I be more savy about taxes?
Replies: 15
Views: 2094

Re: How can I be more savy about taxes?

livesoft wrote:
Fri Sep 15, 2017 2:33 pm
A book will not be as good as those IRS publications. I've browsed books and they just repeat what is found in the IRS publications for the most part.

Publication 17 is free and will get you started.
ok thx!
by surfer949
Fri Sep 15, 2017 2:27 pm
Forum: Personal Finance (Not Investing)
Topic: How can I be more savy about taxes?
Replies: 15
Views: 2094

Re: How can I be more savy about taxes?

Thank you for the replies. Yes I'm not looking for a shot cut but the basics. I'll look for a book on Amazon to get me started.
by surfer949
Fri Sep 15, 2017 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: How can I be more savy about taxes?
Replies: 15
Views: 2094

How can I be more savy about taxes?

I used to file single and never really paid too much attention to my taxes. Now that I am married with my wife who owns a small business (restaurant) I'm at a lost in understanding our taxes. We did deducted many things such as our house, baby, business expanses, and such. Our accountant is availabl...
by surfer949
Wed Aug 16, 2017 11:08 am
Forum: Personal Finance (Not Investing)
Topic: How can I keep track of my monthly spendings?
Replies: 36
Views: 3400

How can I keep track of my monthly spendings?

How do you keep track of every deductions from your checking account? My bank offers a tool to categorize each deductions but some like credit card payments falls into the "card pymt". Therefore I cannot split the card payments into categories to illustrate what was spent on the credit card. I'm thi...
by surfer949
Fri Aug 11, 2017 1:53 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone moved to another state for lower cost of living?
Replies: 72
Views: 12738

Re: Anyone moved to another state for lower cost of living?

I just want to say thank you all for the replies. Lot's of great suggestions e.g.SMART goals So..wife and I talked about it and we both agreed that we love SoCal too much and we are planning to move back in due time. What clicked for her was that one of her customers told her they were moving back t...
by surfer949
Wed Apr 12, 2017 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: Wife wants to start retirement investing- Suggestions please
Replies: 10
Views: 1299

Re: Wife wants to start retirement investing- Suggestions please

FiveK wrote:
surfer949 wrote:She gets a paycheck from her business for around 65k a year. The part I don't understand is in terms of the profit from her business. Is that separate from her paycheck?
Perhaps One-Participant 401(k) Plans will help (it's one of the links from the wiki linked previously).
Thx!
by surfer949
Wed Apr 12, 2017 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Wife wants to start retirement investing- Suggestions please
Replies: 10
Views: 1299

Re: Wife wants to start retirement investing- Suggestions please

She gets a paycheck from her business for around 65k a year. The part I don't understand is in terms of the profit from her business. Is that separate from her paycheck?
by surfer949
Wed Apr 12, 2017 12:23 pm
Forum: Investing - Help with Personal Investments
Topic: Wife wants to start retirement investing- Suggestions please
Replies: 10
Views: 1299

Re: Wife wants to start retirement investing- Suggestions please

See Solo 401(k) plan - Bogleheads and the links in that article to SEP and SIMPLE plans for some options. Fidelity has a good reputation for its solo 401k plans, so if you are already happy with your 401k and IRA there.... Sorry dumb question but there are joint 401k plans? I see a lot of Vanguard ...
by surfer949
Wed Apr 12, 2017 11:58 am
Forum: Investing - Help with Personal Investments
Topic: Wife wants to start retirement investing- Suggestions please
Replies: 10
Views: 1299

Wife wants to start retirement investing- Suggestions please

My wife just turned 30 and wants to start a retirement investment account. She owns her own small business. What are her most simple options at this time? Roth IRA with Vanguard or Fidelity (I have a 401k and IRA here) or a SEP ira?
by surfer949
Wed Jan 25, 2017 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone moved to another state for lower cost of living?
Replies: 72
Views: 12738

Anyone moved to another state for lower cost of living?

Hello, has anyone made the decision to move to another state/location for financial reasons? Wife and I decided to move from S. Cali to Houston, TX two years ago. The wife opened a restaurant and I placed a great job here (I’m 44, wife is 31 we have a baby). So far so good, we bought a nice home (re...
by surfer949
Wed Oct 26, 2016 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Are you supposed to inform state tax board when moving to another state?
Replies: 6
Views: 1323

Are you supposed to inform state tax board when moving to another state?

I moved from Cali to Texas in 2013 and recently noticed a withdrawal on my bank account from the California tax board (DMV) for a 2015 car registration fee. I called the tax board to inform them the car was no longer in Cali since 2013 and demanded a refund. They said I failed to notify them and the...
by surfer949
Mon Aug 15, 2016 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Does a roll over IRA help in reducing income taxes?
Replies: 4
Views: 536

Does a roll over IRA help in reducing income taxes?

I have a Roth and a Roll over IRA account and I'm debating which one I should contribute to. I do want to reduce the taxes taken out of my paycheck. Would a roll over IRA help with this?
by surfer949
Thu Aug 04, 2016 3:24 pm
Forum: Investing - Help with Personal Investments
Topic: Should I put my emergency fund into a short term CD account?
Replies: 4
Views: 681

Should I put my emergency fund into a short term CD account?

Not looking to make a lot, but would it be beneficial to move my emergency fund into a short term cd?
by surfer949
Thu Jul 21, 2016 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Need input on where to invest for my roll IRA with Fidelity
Replies: 13
Views: 808

Re: Need input on where to invest for my roll IRA with Fidelity

Thank you all for the help. I feel much more confident on getting this done now. :D
by surfer949
Wed Jul 20, 2016 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Need input on where to invest for my roll IRA with Fidelity
Replies: 13
Views: 808

Re: Need input on where to invest for my roll IRA with Fidelity

My preference is Vanguard because I like their business model (not for profit). However, Fidelity has a perfectly fine list of low cost index funds. Many people here say the Fidelity website interface is better. I find that the Vanguard site does everything I want though so that is pretty subjectiv...
by surfer949
Wed Jul 20, 2016 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Need input on where to invest for my roll IRA with Fidelity
Replies: 13
Views: 808

Re: Need input on where to invest for my roll IRA with Fidelity

It is not really possible to answer your question without information about the rest of your investments, if any. Fidelity is a good company, but I doubt anyone here would suggest that particular fund because it is not low cost and it is actively managed and it represents a very narrow portion of t...
by surfer949
Wed Jul 20, 2016 2:07 pm
Forum: Investing - Help with Personal Investments
Topic: Need input on where to invest for my roll IRA with Fidelity
Replies: 13
Views: 808

Re: Need input on where to invest for my roll IRA with Fidelity

Welcome! You will likely get more replies if you can post your question in the following format: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212 As far as Fidelity specific funds are concerned, take a look at their index fund offerings. A typical three-fund portfolio will consist of a Tot...
by surfer949
Wed Jul 20, 2016 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Need input on where to invest for my roll IRA with Fidelity
Replies: 13
Views: 808

Need input on where to invest for my roll IRA with Fidelity

I have a rollover IRA with Fidelity and honestly I'm a not very familiar with retirement investing. I normally pick something from my employer's 401k. My Fidelity rollover IRA is currently in Fidelity® Select IT Services Portfolio and I want to maximize contributions every year. I read that putting ...
by surfer949
Wed Jul 13, 2016 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Should I consolidate funds from old 401k's to a Roth?
Replies: 5
Views: 578

Re: Should I consolidate funds from old 401k's to a Roth?

I have two seperate 401k with less than 10k each (one of them is not fully vested) from old employers. Doesn't look like they are growing. Should I roll them over to my Roth account? Is rolling over considered part of your yearly maximum $5,500.00? A rollover is not counted as a part of the annual ...
by surfer949
Tue Jul 12, 2016 2:33 pm
Forum: Investing - Help with Personal Investments
Topic: Should I consolidate funds from old 401k's to a Roth?
Replies: 5
Views: 578

Should I consolidate funds from old 401k's to a Roth?

I have two seperate 401k with less than 10k each (one of them is not fully vested) from old employers. Doesn't look like they are growing. Should I roll them over to my Roth account?
Is rolling over considered part of your yearly maximum $5,500.00?
by surfer949
Fri Jun 24, 2016 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: How much can you contribute to a SEP IRA exactly?
Replies: 3
Views: 401

Re: How much can you contribute to a SEP IRA exactly?

If the company pays her a W-2 salary, the company can contribute up to 25% of W-2 salary to SEP-IRA for her up to a max of 53K. The money for the contribution must come from the business. If the business contributes 25% for her, it must also contribute 25% for all other plan participants. It would ...
by surfer949
Fri Jun 24, 2016 3:58 pm
Forum: Investing - Help with Personal Investments
Topic: How much can you contribute to a SEP IRA exactly?
Replies: 3
Views: 401

How much can you contribute to a SEP IRA exactly?

My wife owns a restaurant (LLC partnership) and wants to open a retirement account. I'm researching SEP IRA and if I understand correctly she is allowed to contribute $53,000 or 25% of the employee's income. Is this correct? As the business owner , does she need to wait 3 years to start contributing?
by surfer949
Wed May 25, 2016 8:59 am
Forum: Investing - Help with Personal Investments
Topic: Can I still contribute to a 401k if I no longer work for the company?
Replies: 11
Views: 1299

Re: Can I still contribute to a 401k if I no longer work for the company?

A few issues in here.... - Your contributions are always 100% vested. - The employer match usually vests over time but if you have left, your not going to get those no matter how long you wait. - You can rollover to an IRA within a brokerage account and still own shares in any listed company. - Thi...
by surfer949
Wed May 25, 2016 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Can I still contribute to a 401k if I no longer work for the company?
Replies: 11
Views: 1299

Re: Can I still contribute to a 401k if I no longer work for the company?

I have a 401k from a company I worked for three years ago and it's not fully vested. Can I still make contributions to this 401k? Nope. You can roll it to an tIRA and contribute, or roll it into 401k of new employer (often bad idea) and contribute there though. Does the money grow if it stays in th...
by surfer949
Wed May 25, 2016 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Can I still contribute to a 401k if I no longer work for the company?
Replies: 11
Views: 1299

Can I still contribute to a 401k if I no longer work for the company?

I have a 401k from a company I worked for three years ago and it's not fully vested. Can I still make contributions to this 401k?
by surfer949
Tue May 24, 2016 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Should I get any riders on my Term life policy?
Replies: 1
Views: 368

Should I get any riders on my Term life policy?

I'm looking to purchase a 25 years level Term life. Should I consider any riders or return of premium?
by surfer949
Fri May 20, 2016 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: I got a home loan from Wells Fargo ; should I shop around?
Replies: 20
Views: 2007

Re: I got a home loan from Wells Fargo ; should I shop around?

I also went with Wells at first and didn't get a good feeling with the loan agent. I went to BofA and didn't like the agent there too. So I took my chances and went on Zillow.com and found a local broker and requested to meet him in person. In the end I went with the local broker and happily purchas...
by surfer949
Wed May 18, 2016 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: Planning to purchase Term life policy, do I need to get in shape?
Replies: 16
Views: 1932

Planning to purchase Term life policy, do I need to get in shape?

When purchasing a Term life insurance policy does the insurance company give a health check? I'm 44, good shape not overweight.
by surfer949
Fri May 13, 2016 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Can someone explain to me how Term life is a better choice than WLI.
Replies: 69
Views: 8064

Re: Can someone explain to me how Term life is a better choice than WLI.

The simple explanation is that there is a window where a permanent life insurance policy would "win" versus a term/investment combination. Buying term and investing doesn't always beat a permanent policy. You can see a simple PermTerm comparison spreadsheet here . I originally set that up with real...
by surfer949
Fri May 13, 2016 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Can someone explain to me how Term life is a better choice than WLI.
Replies: 69
Views: 8064

Re: Can someone explain to me how Term life is a better choice than WLI.

Real Simple, my $500k term policy costs $23 per month. A $50k WLI policy would cost $378 per month. I take the difference between $378 and $23 which is $355 and I put that into my 401K. Now I save for my own retirement instead of paying an insurance agents retirement. I also have 10 times the insur...
by surfer949
Fri May 13, 2016 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Can someone explain to me how Term life is a better choice than WLI.
Replies: 69
Views: 8064

Re: Can someone explain to me how Term life is a better choice than WLI.

The one red flag for me was when the agent told me that WLI would be better and that I should plow money into a $1m plan for myself and another $1m for my wife. While I could afford the annual premiums with my income and savings, I realized that if something happened to our employment/income stream...