Search found 277 matches

by otinkyad
Wed Oct 21, 2020 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Union/Employer Limiting 401k contributions
Replies: 9
Views: 1016

Re: Union/Employer Limiting 401k contributions

You don’t even have to be an HCE. Some companies still limit contributions based on the pre-2001 limit of 25% of your salary. A friend recently made $15/hr and was limited to 15% of her salary.
by otinkyad
Tue Oct 20, 2020 1:32 pm
Forum: Personal Investments
Topic: best option for young (minors) children bank/brokerage accounts?
Replies: 15
Views: 1133

Re: best option for young (minors) children bank/brokerage accounts?

1) A savings account in their names at preferably a B&M bank/CU. Pros: Easy, no fees, has an "official" feel to it (eg. statements with their names on them that we can look at, a bank branch we can walk into to deposit/withdraw, maybe even a ledger to balance later on, etc...) Cons: Yet another acc...
by otinkyad
Sun Oct 18, 2020 4:17 pm
Forum: Personal Consumer Issues
Topic: Which diet soda pop do you enjoy?
Replies: 192
Views: 10061

Re: Which diet soda pop do you enjoy?

Caffeine Free Diet Dr Pepper, another unofficial victim of the pandemic shortages, at least locally. I’m seizing the opportunity to switch to unsweetened, flavored and unflavored sparkling water. Waterloo Black Cherry is my current favorite.
by otinkyad
Sun Oct 18, 2020 3:40 pm
Forum: Personal Investments
Topic: At what age did you start moving into bonds?
Replies: 79
Views: 4338

Re: At what age did you start moving into bonds?

Mid-forties, about a year or two after our IPS triggers called for: $1m retirement savings and annual contributions below 7% of the total. I didn’t want to buy bonds, based on their underperformance in 20-year periods, so I waited a while, but five years later I’m at 77/23 on our planned glide path ...
by otinkyad
Sat Oct 17, 2020 9:38 pm
Forum: Personal Investments
Topic: New Vanguard investor: 3 questions(1. d/c'ing PAS 2. using Target retirement 3. whole life
Replies: 18
Views: 1297

Re: New Vanguard investor: 3 questions(1. d/c'ing PAS 2. using Target retirement 3. whole life

Would something like this work? His IRA: VFIFX Her IRA: VFIFX Taxable: VTI, VXUS The advantage to this setup is that I can automatically invest in the IRAs and will not need PAS to rebalance and I wouldn’t have to change the taxable. However as the taxable account grows, the overall percentage of e...
by otinkyad
Thu Oct 15, 2020 6:35 pm
Forum: Personal Investments
Topic: New Vanguard investor: 3 questions(1. d/c'ing PAS 2. using Target retirement 3. whole life
Replies: 18
Views: 1297

Re: New Vanguard investor: 3 questions(1. d/c'ing PAS 2. using Target retirement 3. whole life

How would you guys and gals handle it if it were you own accounts? The problem with that type of question here is that people think that riding a unicycle while juggling is easy, since there’s only one wheel and three clubs. Your choices are all fine. Optimizing 0.3% isn’t worth it. Your overall AA...
by otinkyad
Sun Oct 11, 2020 5:08 pm
Forum: Personal Investments
Topic: Critique draft proposal of fee-only advisor for elderly parents
Replies: 27
Views: 2073

Re: Critique draft proposal of fee-only advisor for elderly parents

I think the proposal is insane. It’s moving the needle too far, and has strange tilts, besides. It doesn’t seem like there’s lurking disaster, since he’s not asking much of the portfolio (2% a year at age 90). How much did he sell in March? If I wanted to stick my nose in, I wouldn’t suggest more th...
by otinkyad
Sat Oct 10, 2020 10:16 pm
Forum: Personal Consumer Issues
Topic: "Nice" furniture recommendations
Replies: 94
Views: 8708

Re: "Nice" furniture recommendations

Edit: I'd also add that we tend to prefer modern/minimalist styles, and we have a toddler, so durability to kids is important. Our current couch has visible bite marks :-) Toddlers gonna toddler. IKEA furniture can be durable. We have some Bonde pieces that are built like a rock. The coffee table s...
by otinkyad
Fri Oct 09, 2020 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: Is programming still a valuable skill to learn?
Replies: 222
Views: 16027

Re: Is programming still a valuable skill to learn?

Count me as against the idea everyone needs to learn programming. If you expect to be semi-decent in programming and remember all the syntax rules and library calls, you should be programming at least 20 hours a week. Learning to program is one thing. Maintaining those skills if your job doesn't ma...
by otinkyad
Fri Oct 09, 2020 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Would you rather be the richest or poorest person in town?
Replies: 109
Views: 7937

Re: Would you rather be the richest or poorest person in town?

What an odd thread, full of stereotypes. You are an individual and every place is different, regardless of it is a "town A" or "town B". Is there a point? Yes. I’m surprised so many people had clear opinions. It seems far too abstract for me. I don’t really know what “nice to look at” means, but I’...
by otinkyad
Fri Oct 09, 2020 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a career
Replies: 42
Views: 2124

Re: Choosing a career

I would encourage any career explorer to think of their possible options as a Venn diagram and focus on the overlap between “What I’m interested in and enjoy” and “What can lead to a comfortable living.” During an accepted students presentation for game design majors, the department chair said ther...
by otinkyad
Thu Oct 08, 2020 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Is programming still a valuable skill to learn?
Replies: 222
Views: 16027

Re: Is programming still a valuable skill to learn?

I always wonder why software work is even done here in US these days. The smooth implementation of pandemic work-from-home proves that it may be done practically anywhere in the world. If many Silicon Valley companies plan to continue relying on wfh for almost one more year, corporations realized t...
by otinkyad
Thu Oct 08, 2020 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Is programming still a valuable skill to learn?
Replies: 222
Views: 16027

Re: Is programming still a valuable skill to learn?

I always wonder why software work is even done here in US these days. The smooth implementation of pandemic work-from-home proves that it may be done practically anywhere in the world. If many Silicon Valley companies plan to continue relying on wfh for almost one more year, corporations realized t...
by otinkyad
Thu Oct 08, 2020 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Always check your bank statements
Replies: 37
Views: 4792

Re: Always check your bank statements

I’m a glancer. I balanced my accounts monthly for 20 years, and all of the errors I found were in my own tracking. I pay more attention to places where there’s more money, and if there is a problem I miss, I’m likely to have saved enough time to be OK with that. The frequent transaction places (cred...
by otinkyad
Thu Oct 08, 2020 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Is programming still a valuable skill to learn?
Replies: 222
Views: 16027

Re: Is programming still a valuable skill to learn?

flaccidsteele wrote: Thu Oct 08, 2020 2:32 pm If a person knows how to sell, it doesn’t matter what other skills they have tbh
If people don’t build things, there’s nothing to sell. I’m not sure what your point is.
by otinkyad
Thu Oct 08, 2020 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Is programming still a valuable skill to learn?
Replies: 222
Views: 16027

Re: Is programming still a valuable skill to learn?

Does anyone know if a skill such as modern JavaScript front-end development (React, Angular, etc) is valuable? When we talk about "programming" and coding, do we talk about those skill sets? It seems that there is a ton of talk about machine learning, data science, cloud development, etc, but all o...
by otinkyad
Thu Oct 08, 2020 2:29 pm
Forum: Personal Consumer Issues
Topic: How do YOU handle network security?
Replies: 105
Views: 6100

Re: How do YOU handle network security?

(2) The two router approach works for my ethernet-cable-connected computers, but tablets and phones are wi-fi devices at home, and the whole point of getting the mesh router is to have faster wi-fi with better coverage (range). So putting our phones and tablets on the old router would mean we don't...
by otinkyad
Sun Oct 04, 2020 4:04 pm
Forum: Personal Investments
Topic: Tiny amounts in Vanguard IRA settlement funds
Replies: 3
Views: 459

Tiny amounts in Vanguard IRA settlement funds

We have between $1 and $20 in our IRA settlement funds, apparently from dividends accrued by the settlement fund during transfers or rollovers, before we invested the money in our desired funds. Is there any reason not to just buy some fractional share in each IRA, or should I just get used to looki...
by otinkyad
Fri Oct 02, 2020 2:19 am
Forum: Personal Investments
Topic: Does it make sense for me to switch out of my target date fund?
Replies: 24
Views: 1788

Re: Does it make sense for me to switch out of my target date fund?

Good point, I think I’ll just keep TDF in my 401k, and maybe just put VTWAX in my Roth so that overall it’s more like 7% bonds. Either way, I’m probably overthinking 10% bonds and it’s probably not a big deal. People here can be overly dogmatic, or dramatic, or both. The reasonable range for bonds ...
by otinkyad
Wed Sep 30, 2020 3:24 pm
Forum: Personal Investments
Topic: What is the best investment you made in your children's/a child's life?
Replies: 27
Views: 2054

Re: What is the best investment you made in your children's/a child's life?

The same as in my own life: reading, schooling, and traveling. They’re synergistic, and hard to pick apart, but travel is the rarest, if I had to pick just one. At 17, DS has been to 21 states and 8 foreign countries, and it has clearly affected both his reading and his schooling, and the way he thi...
by otinkyad
Sat Sep 26, 2020 7:50 pm
Forum: Personal Finance (Not Investing)
Topic: From Mega Corp to LLC
Replies: 2
Views: 375

Re: From Mega Corp to LLC

Sorry to be so wide, but would love to hear folks journeys going from "security" to "the wild wild west of freelance" I’ve had a small business for over twenty years and our lawyer and accountant have always been indispensable, both for their specific skills and, often, for their general experience...
by otinkyad
Sat Sep 26, 2020 1:09 am
Forum: Investing - Theory, News & General
Topic: Is hydrogen the fuel for the future of transportation?
Replies: 18
Views: 1338

Re: Is hydrogen the fuel for the future of transportation?

Hydrogen isn’t a fuel. Like batteries, it’s a storage mechanism.

The Economist had a very nice write-up this summer.
https://www.economist.com/science-and- ... bear-fruit
by otinkyad
Wed Sep 23, 2020 1:37 pm
Forum: Personal Consumer Issues
Topic: Possible Relocation to Columbus, OH Area
Replies: 49
Views: 3616

Re: Possible Relocation to Columbus, OH Area

I hesitated a couple of times before posting such overwhelmingly negative comments, but counterpoints so far have been few... so I'm offering mine. We relocated from Southern California to Columbus in 2014. The OP didn’t ask what we thought of Columbus. I wouldn’t move back there for twice my Calif...
by otinkyad
Sun Sep 20, 2020 3:53 pm
Forum: Personal Consumer Issues
Topic: Possible Relocation to Columbus, OH Area
Replies: 49
Views: 3616

Re: Possible Relocation to Columbus, OH Area

If you’re coming from the Bay Area, probably nothing in Columbus is too competitive. Old money is in Bexley, Arlington, and Worthington (the last was always the least uppity). New money was in Dublin, then New Albany. Hilliard and Olentangy are the new growth suburbs. The public schools are very goo...
by otinkyad
Sat Sep 19, 2020 2:04 am
Forum: Personal Consumer Issues
Topic: Anyone REGRET retiring too soon?
Replies: 67
Views: 13215

Re: Anyone REGRET retiring too soon?

I don’t know anyone who regrets retiring early, but I know people who regret that their spouse did. That includes people who retired to nothing (while their spouse continued to work or had activities) and people who retired to endless activities (while their spouse did nothing).
by otinkyad
Fri Sep 18, 2020 2:15 pm
Forum: Investing - Theory, News & General
Topic: Vanguard 2-factor authentication becoming mandatory and available for non-US
Replies: 80
Views: 7314

Re: Vanguard 2-factor authentication becoming mandatory and available for non-US

Unfortunately, for Fidelity, if you enable app TOTP 2FA, you have to use it on each login. If you simply use SMS-based 2FA, you can choose to enter it only when logging in from new devices. While I strongly prefer TOTP 2FA, I don't want to have to enter it all the time. Poor (lack of) design decisi...
by otinkyad
Fri Sep 18, 2020 2:06 pm
Forum: Personal Consumer Issues
Topic: Pretending to enjoy sports for business/social reasons
Replies: 83
Views: 4847

Re: Pretending to enjoy sports for business/social reasons

However, sports is BIG business and is a great necessary and human endeavor, so there is no reason to hate sports. Some sports are big business and some sports are a great necessary and human endeavor, but I think the two are unrelated. ;-) I'm starting to think it's almost all sports fans, given h...
by otinkyad
Tue Sep 15, 2020 7:40 pm
Forum: Personal Consumer Issues
Topic: codakids for coding lessons
Replies: 22
Views: 1318

Re: codakids for coding lessons

Our preteen kids indicated they want to try to code based on a game they both spend a LOT of time on. (Roblox) I stumbled upon Codakids which looks really neat, friendly, and has self paced learning but also private 1:1 tutoring. Does anyone have experience with this for their kids? (background - p...
by otinkyad
Tue Sep 15, 2020 5:27 pm
Forum: Personal Investments
Topic: Inherited IRA and SECURE act
Replies: 8
Views: 902

Re: Inherited IRA and SECURE act

I’m trying to understand both the OP’s duplicate statements about withdrawing 10% per year, and David Jay’s recommendation to use BND. If the taxable account isn’t being spent, then the IRA should be in a matching AA. Am I missing something about taxes?
by otinkyad
Tue Sep 15, 2020 1:25 am
Forum: Personal Investments
Topic: Preparation for the last chapter without you
Replies: 11
Views: 1797

Re: Preparation for the last chapter without you

My IPS has a statement suggesting moving everything in our IRAs to a single fund (currently a Vanguard Target Retirement find). I was also thinking about drafting a list of things not to do (such as whole, variable, or universal life), and behavioral issues, and well-meant (or not) advice. So now I’...
by otinkyad
Mon Sep 14, 2020 11:54 pm
Forum: Personal Finance (Not Investing)
Topic: Did I Botch My Refinance?
Replies: 5
Views: 1184

Re: Did I Botch My Refinance?

I did this by accident once, just chugging down my TODO list. They wanted a letter explaining the credit check, the credit limit, and a statement (which I also hadn’t received yet). It worked out, but it wasn’t three cards, yikes!
by otinkyad
Sun Sep 13, 2020 11:38 pm
Forum: Personal Consumer Issues
Topic: Books or Courses on leadership that helped your career
Replies: 51
Views: 2674

Re: Books or Courses on leadership that helped your career

Getting Things Done by David Allen. I literally use the principles and techniques every day in my professional and personal life. Intuitive and powerful. I’ve tried and tried to find this useful, and it just hasn’t been for me. The Art of Winning by Dennis Conner No-Excuses Management by T.J. Roger...
by otinkyad
Sun Sep 13, 2020 9:26 pm
Forum: US Chapters
Topic: How many bogleheads do you know in real life?
Replies: 165
Views: 16063

Re: How many bogleheads do you know in real life?

Only one. I’ve got an uncomfortably frugal friend that pays an AUM fee. I’ve got another friend that seems to get the ideas: no AUM, low ERs, active funds can’t on average beat the market. His conclusion is that you have to switch between active funds to pick the winners, and he pays a fee-based adv...
by otinkyad
Sun Sep 13, 2020 9:01 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation-What have you learned about yourself?
Replies: 51
Views: 3593

Re: Asset Allocation-What have you learned about yourself?

TO make this actionable I would say NEVER to have all equities as I did back in 2008. Thats a good example of where I have changed. Why is that, since 100% stocks was the optimal strategy? Did you sell during the crash, not sleep nights, or need the money? I was 100% stocks until roughly $1m at 45,...
by otinkyad
Sun Sep 13, 2020 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts a will to protect generational wealth?
Replies: 42
Views: 2474

Re: Thoughts a will to protect generational wealth?

Johnny Depp reportedly lost/squandered $650 million in a matter of a decade or so. I believe that he was spending something like $30k/month just on wine for a while. Crazy, over $2 million a month in spending, with $200k/month on air travel, $30k a month on wine, and $1.77 million/month on what els...
by otinkyad
Sun Sep 13, 2020 2:44 pm
Forum: Personal Consumer Issues
Topic: Best Streaming Service
Replies: 24
Views: 2126

Re: Best Streaming Service

There are lots of threads on this topic. It depends a great deal on whether you want news, sports, or the shows people talk about at work (still mostly network and cable, in my experience). We haven’t had cable or OTA for 6 years. Netflix: first, cheapest, good selection Prime: already had it, decen...
by otinkyad
Sun Sep 13, 2020 1:36 pm
Forum: Personal Consumer Issues
Topic: [Question regarding password security]
Replies: 101
Views: 3308

Re: Security question on one's passwords

I don't find the rebuttal particularly compelling. Just about any financial Web site will use some form of 2fa authentication. For the password to matter at all, they first need to be able to compromise the other factor. This might be accomplished via a SIM Swap attack, but most of these reported c...
by otinkyad
Sun Sep 13, 2020 1:10 pm
Forum: Personal Consumer Issues
Topic: [Question regarding password security]
Replies: 101
Views: 3308

Re: Security question on one's passwords

I'm annoyed when a site requires your password to have at least one upper or lowercase letter, one number, a special character, etc. You'd think you were creating a pw to access the site for NORAD, but its just some internet forum. If I can't use the pw I want, sometimes I just don't join. On most ...
by otinkyad
Fri Sep 11, 2020 1:14 pm
Forum: Investing - Theory, News & General
Topic: Timing the market for Roth Conversions. Sin?
Replies: 18
Views: 951

Re: Timing the market for Roth Conversions. Sin?

If you could go back and choose between your current strategy and converting everything on March 9th, what would you do?
by otinkyad
Thu Sep 10, 2020 2:06 am
Forum: Personal Consumer Issues
Topic: Seeing Copenhagen in One Day?
Replies: 13
Views: 931

Re: Seeing Copenhagen in One Day?

It’s too bad about the timing. I’d skip all of Copenhagen for an evening at Tivoli. I agree with the others. I am a fan of Hop On Hop Off buses for short visits to new cities, despite their kitschy nature, but Copenhagen doesn’t feel like the place for it. A visit to a Tivoli and walk from there to ...
by otinkyad
Sat Sep 05, 2020 6:00 pm
Forum: Personal Consumer Issues
Topic: Personal spreadsheet for college decisions
Replies: 9
Views: 885

Re: Personal spreadsheet for college decisions

A few questions if you don't mind- What is 3+2+2 thing within Tiers? “I shouldn’t have said that. I should not have said that.” —Hagrid Difference between rejected and denied? Rejected by student vs Denied by College? Yes. I picked words that sorted nicely.... Self Reporting SAT- does this mean SAT...
by otinkyad
Fri Sep 04, 2020 1:22 am
Forum: Personal Consumer Issues
Topic: Personal spreadsheet for college decisions
Replies: 9
Views: 885

Personal spreadsheet for college decisions

Someone asked me about this in another thread, so I thought I'd bore everyone to tears. We had an extensive, 44 column spreadsheet for gathering data and tracking status for colleges. We included 98 schools, every one that seriously attracted our eye, or sent mail or email. I've rated the columns we...
by otinkyad
Thu Sep 03, 2020 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: College financial advice for undecided rising high school senior
Replies: 71
Views: 3910

Re: College financial advice for undecided rising high school senior

7) If you are looking for schools outside the private top 20, the 35 ACT will get her an automatic tuition waiver or cheap in-state tuition at the following state flagships. These make great safety schools, and if she wants to go pre-med, some may offer easier paths than a T-20 or your local school...
by otinkyad
Thu Sep 03, 2020 2:49 pm
Forum: Personal Consumer Issues
Topic: VG can't send email to me.
Replies: 9
Views: 851

Re: VG can't send email to me.

You need to go beat-up your ISP over them not recognizing a major company like Vanguard. Alternately, get a G-mail account and either check it or have it auto-forwarded to your regular e-mail. My work people said they reject 98% of the mail at the mail gateway. The simple rejection programs identif...
by otinkyad
Tue Sep 01, 2020 7:07 pm
Forum: Personal Consumer Issues
Topic: Undergrad College List
Replies: 64
Views: 4572

Re: Undergrad College List

What should be the approach to pick from these list of OOS and private? She has already picked one in state. Decide what she wants. Miami and Tulane are party schools, while Pepperdine is a buttoned-down Christian school with mandatory chapel last I looked (though falling just this side of creation...
by otinkyad
Mon Aug 31, 2020 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: College Costs and Cash Flow
Replies: 9
Views: 950

Re: College Costs and Cash Flow

DS started college today, so I only have partial info myself. We spent about $4000 on ten college tours, split across five trips, three of them piggybacked on family trips that would have happened anyway, and one of them a dedicated cross-country flight. (I’m only counting excess flights, hotels, an...
by otinkyad
Mon Aug 31, 2020 7:06 pm
Forum: Personal Consumer Issues
Topic: Shopping for college
Replies: 77
Views: 4620

Re: Shopping for college

My plan now is to make a spreadsheet with gpas, SATs, acceptance rate, cost, application deadlines etc and then focus on them one by one. University of California campuses are due first I believe, on November 30th. Our spreadsheet had 38 columns and 98 rows (we included every school that send mail,...
by otinkyad
Mon Aug 31, 2020 6:49 pm
Forum: Personal Consumer Issues
Topic: Shopping for college
Replies: 77
Views: 4620

Re: Shopping for college

Yeah University of Arizona gives WUE only for 2 majors, mining and agriculture. Doesn’t help me much. Out of state is 36k plus room and board, $50k per year. Ouch. ASU tuition is 28k, and as an example my son got 15k in merit aid (with a 1480 SAT and commensurate rigor and grades), making it cheape...
by otinkyad
Mon Aug 31, 2020 5:26 pm
Forum: Personal Consumer Issues
Topic: Undergrad College List
Replies: 64
Views: 4572

Re: Undergrad College List

goru1 wrote: Mon Aug 31, 2020 4:15 pm I am asking this question for a girl in high school. Does this undergrad college list make sense?
Can you be specific about what you didn’t get from your earlier long thread on this same topic?
by otinkyad
Mon Aug 31, 2020 12:10 pm
Forum: Personal Consumer Issues
Topic: Shopping for college
Replies: 77
Views: 4620

Re: Shopping for college

We live out west and can go to WUE schools and pay in-state + 50%. That's about 8 western states and about 100 4 year schools. I noticed many other state universities have similar programs for neighboring states. So look around as that increases your pool of schools if you want public. WUE doesn’t ...