Search found 331 matches

by pasadena
Sat Jul 13, 2019 11:52 am
Forum: Personal Finance (Not Investing)
Topic: Add a second job? Trader Joes, Home depot, ???
Replies: 38
Views: 5169

Re: Add a second job? Trader Joes, Home depot, ???

Would it benefit or interest you in taking training/classes to get a better full time job? Either online or in person? This. Unless you need the additional money now, if you are still young I would use that spare time to improve my skills in my current job, and further my career, increasing future ...
by pasadena
Fri Apr 26, 2019 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: 10 minutes worth $300K?
Replies: 61
Views: 8971

Re: 10 minutes worth $300K?

I also wouldn't want to live an hour away from work if I had to commute every day. But regardless of the actual numbers, I wouldn't base my choice on a 10 minutes difference. There are other criteria that are much, much more important. But then, a #300k difference has exist for a reason somehow. I'd...
by pasadena
Fri Apr 26, 2019 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Colleague salary comparison
Replies: 54
Views: 6467

Re: Colleague salary comparison

If it were public information, yes, absolutely. I would use the information as a guide for any regularly planned negotiation, but I would only react to it if there was some blatant unjustified difference.
by pasadena
Sun Apr 21, 2019 8:29 pm
Forum: Personal Investments
Topic: Need to sleep at night...Must rebalance!
Replies: 23
Views: 3618

Re: Need to sleep at night...Must rebalance!

first things first, glad the condition is controllable, and with $700K at 0.65, just moving that to FMMXX at 2.45%, you gain 1.8% return for doing nothing which is $12,600 in interest every year for doing nothing, that is an additional $1K in income per month for about 15 minutes worth of work, I t...
by pasadena
Sat Apr 20, 2019 1:27 pm
Forum: Personal Investments
Topic: Is it better to borrow from 401(k) or withdraw from ROTH for a downpayment?
Replies: 15
Views: 719

Re: Is it better to borrow from 401(k) or withdraw from ROTH for a downpayment?

As you're seeing there is pretty much a consensus. My vote: none of the above! At 27 you have 75K more than I had at that age (probably more than most here I'm guessing) and are off to a great start! Never borrow from a retirement account unless its the absolute final option to avoid a bankruptcy o...
by pasadena
Sat Mar 30, 2019 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Minimum income to maximize SS benefits.
Replies: 15
Views: 1841

Re: Minimum income to maximize SS benefits.

I don't think the income used to calculate it is the same thing as the maximum taxable earnings for FICA taxes each year. But the "magic number" is probably very difficult to calculate, because the earnings are indexed for inflation - so the "number" will be different for each year. Then divide thos...
by pasadena
Sat Mar 30, 2019 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Mysterious SSA deposit in my Vanguard Account
Replies: 4
Views: 681

Re: Mysterious SSA deposit in my Vanguard Account

You did not mention if you have already contacted SSA. Perhaps try that? I sent them an email. I won't be able to go to the SS office for a couple of weeks as I'm traveling, but I will definitely do that when I get back home. $816 is a plausible Social Security monthly benefit. Perhaps someone trie...
by pasadena
Sat Mar 30, 2019 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Mysterious SSA deposit in my Vanguard Account
Replies: 4
Views: 681

Mysterious SSA deposit in my Vanguard Account

Hi Bogleheads, I need your help. Since last month, I have received two mysterious cash deposits in my Vanguard brokerage. Both are for the same amount ($816) and both have the description " SSA TREAS 310 - Fidelity ". The first one came on 02/27, and the second one on 03/27. I have accounts at Fidel...
by pasadena
Sat Mar 30, 2019 2:55 am
Forum: Personal Investments
Topic: Age 62 Selling my home .. investing my money
Replies: 39
Views: 3270

Re: Age 62 Selling my home .. investing my money

Wow! This is a new one, How do I get a physical address in a zero tax state? Where do you live currently? If you're already living abroad, you're good. I am getting my EU citizenship through my Irish Grandparents. Having an EU citizenship makes it slightly easier to get a long stay visa. I guess yo...
by pasadena
Fri Mar 29, 2019 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: How often do you check your net worth?
Replies: 257
Views: 16740

Re: How often do you check your net worth?

I'm trying to do it monthly, but sometimes I let a few months go.......... and then I have to catch up because I hate empty cells! :oops:
by pasadena
Fri Mar 29, 2019 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: 4 years as a Boglehead
Replies: 4
Views: 926

Re: 4 years as a Boglehead

Thank you! I'm pretty proud of myself :) Thanks for posting this! Well done and I'm sure that being "behind at [your] age" won't last much longer... You are already ahead of the game knowledge-wise. You effectively multiplied your net worth by 8 in 4 years since your first post... Wow! If we can do ...
by pasadena
Thu Mar 28, 2019 10:22 pm
Forum: Personal Investments
Topic: Where to invest home downpayment which I am not certain when to buy if ever?!
Replies: 75
Views: 7589

Re: Where to invest home downpayment which I am not certain when to buy if ever?!

KlangFool wrote:
Thu Mar 28, 2019 10:07 pm

1) In general, you do not have to save for a house down payment.

2) If you have to save for a house down payment, you probably buying too much house. Aka, you are buying a house that you cannot afford.

Wait. How do you come up with a downpayment if you don't save for it?
by pasadena
Thu Mar 28, 2019 10:16 pm
Forum: Personal Investments
Topic: Where to invest home downpayment which I am not certain when to buy if ever?!
Replies: 75
Views: 7589

Re: Where to invest home downpayment which I am not certain when to buy if ever?!

Question: how bad would it be if you cannot buy the house in 3 to 5 years? I mean, how flexible is your timeline here? The answer to your question depends heavily on your answer to that question. You will get many different answers, none of them tailored to you. For instance, I can tell you what I d...
by pasadena
Thu Mar 28, 2019 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: 4 years as a Boglehead
Replies: 4
Views: 926

4 years as a Boglehead

WARNING: SUPER LONG POST. tl;dr: I was poor and clueless, now I'm not poor anymore (not rich yet though) and I know things :) As I am finishing a big review and overhaul of my financial landscape (due to a big change of employment and relocation at the end of last year), I found myself looking back ...
by pasadena
Thu Mar 28, 2019 10:42 am
Forum: Personal Investments
Topic: What to do with investments when being laid off
Replies: 22
Views: 2383

Re: What to do with investments when being laid off

One thing you might want to do if your current 401(k) is very good , and if you have enough time, is to ramp-up your contributions. You don't know how long it will take for you to find a new job, and you don't know how good the new plan will be. You also don't know if there will be a waiting period ...
by pasadena
Wed Mar 27, 2019 10:16 pm
Forum: Personal Finance (Not Investing)
Topic: Need clarification on foreign transaction fees for international CC use
Replies: 19
Views: 1265

Re: Need clarification on foreign transaction fees for international CC use

I used my Chase Amazon CC last year in Europe. The exchange rate seemed fair to me, no 3% overhead like some cards do. In western Europe (France, Switzerland, Italy, Germany), I've never seen a terminal where the merchant does everything for you. The terminal always asks which currency I want to use...
by pasadena
Wed Mar 27, 2019 9:04 pm
Forum: Personal Investments
Topic: Should We Sell Short Term Bonds to Pay Off Mortgage?
Replies: 220
Views: 10541

Re: Should We Sell Short Term Bonds to Pay Off Mortgage?

So if I get this right (I''m probably not :)), you seem to think that a 96/4 portfolio without mortgage, is less risky than a 75/25 portfolio with a mortgage? That's not the whole story. The OP isn't going to retire until he at least gets his AA back to 75/25 via new contributions. For now, he's ba...
by pasadena
Wed Mar 27, 2019 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 119
Views: 11416

Re: Apple Card

The behavior you describe with Apple Pay and BoA card in Wallet is somewhat unexpected. It does help keep things secure and private, but I can see situations where I'd like to see all my BoA transactions, not just a fraction of them. What if you used your Apple Watch? Or online transactions via Saf...
by pasadena
Wed Mar 27, 2019 8:37 pm
Forum: Investing - Theory, News & General
Topic: Deferring HSA by paying medical Out-of-Pocket: Overblown?
Replies: 42
Views: 3847

Re: Deferring HSA by paying medical Out-of-Pocket: Overblown?

pasadena wrote:
Wed Mar 27, 2019 8:37 pm
willthrill81 wrote:
Wed Mar 27, 2019 8:23 pm

I'm well aware of that. But the statement as written by pasadena didn't refer to the caveats, and many novices appear to erroneously believe that they can use HSA funds to pay for pre-65 health insurance premiums.
Thanks Willthrill and Spirit Rider. You are right, I will edit my post.
by pasadena
Wed Mar 27, 2019 8:37 pm
Forum: Investing - Theory, News & General
Topic: Deferring HSA by paying medical Out-of-Pocket: Overblown?
Replies: 42
Views: 3847

Re: Deferring HSA by paying medical Out-of-Pocket: Overblown?

willthrill81 wrote:
Wed Mar 27, 2019 8:23 pm

I'm well aware of that. But the statement as written by pasadena didn't refer to the caveats, and many novices appear to erroneously believe that they can use HSA funds to pay for pre-65 health insurance premiums.
Thnaks Willthrill and Spirit Rider. You are right, I will edit my post.
by pasadena
Wed Mar 27, 2019 8:35 pm
Forum: Personal Investments
Topic: Should We Sell Short Term Bonds to Pay Off Mortgage?
Replies: 220
Views: 10541

Re: Should We Sell Short Term Bonds to Pay Off Mortgage?

So if I get this right (I''m probably not :)), you seem to think that a 96/4 portfolio without mortgage, is less risky than a 75/25 portfolio with a mortgage? I personally also strongly dislike the idea of having a mortgage in retirement, but I wouldn't change my AA because of that. I'd make sure th...
by pasadena
Wed Mar 27, 2019 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement - hypothetical
Replies: 58
Views: 5950

Re: Early retirement - hypothetical

If I were in the situation the OP described I would do the following: 1) have my wife stay home to care for the kids, help with homework, sports, school projects, etc. She is by far the lower earner so this would accomplish a less stressful environment with lower financial impact Why are you assumi...
by pasadena
Wed Mar 27, 2019 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 119
Views: 11416

Re: Apple Card

This is obviously not a card meant for churners. I'm in the market for a new card to complement my Chase Amazon and Amex SPG Bonvoy, with higher flat cash back. I'm conflicted about this. - The security and privacy features - both for safety (duh) and privacy reasons, but also to support someone fin...
by pasadena
Wed Mar 27, 2019 12:36 pm
Forum: Investing - Theory, News & General
Topic: Deferring HSA by paying medical Out-of-Pocket: Overblown?
Replies: 42
Views: 3847

Re: Deferring HSA by paying medical Out-of-Pocket: Overblown?

I have a few questions: 1) How much HSA do you need at minimum for retirement? HSA would only be used in retirement after medicare or other retiree medical plans fail to cover. In other words, how much is typical to pay OOP after those services? HSA funds can also be used to pay for insurance premi...
by pasadena
Tue Mar 26, 2019 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Swithced to bi-weekly payments, now one month ahead?
Replies: 3
Views: 550

Re: Swithced to bi-weekly payments, now one month ahead?

If you're ahead, it means that they have not been applying your payments to your principal (whatever you paid above the regular amount due has been applied to interests.

Check your settings and make sure any amount above the monthly due is applied to principal only.
by pasadena
Tue Mar 26, 2019 10:34 am
Forum: Investing - Theory, News & General
Topic: How to factor for market crashes to stay "on-track"?
Replies: 44
Views: 2201

Re: How to factor for market crashes to stay "on-track"?

It also depends on when that crash comes, how far from retirement and how much you have at that time. I made a few simulations, and at this point, my contributions are still what will matter the most. If I max out everything I can for the next 15 years (which, tbh, is a fairly optimistic assumption)...
by pasadena
Sun Mar 24, 2019 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Early retirement - hypothetical
Replies: 58
Views: 5950

Re: Early retirement - hypothetical

This all sounds like an emotional response to a stressful job. I wouldn't make life-altering decisions based on that. You could, yes, stop working for a while, say until the end of the school year, then reassess (and in doing so, I would try to negotiate being laid off instead of just quitting. Unco...
by pasadena
Sun Mar 24, 2019 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: First Time Homebuyer | Recently Engaged
Replies: 72
Views: 5063

Re: First Time Homebuyer | Recently Engaged + Update!

Flyer24 wrote:
Sun Mar 24, 2019 8:04 pm
You just did this thread last Sunday. Please just update your original thread and not make duplicates.
Yep, just saw that. Here's the link : viewtopic.php?f=2&t=275362
by pasadena
Sun Mar 24, 2019 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: First Time Homebuyer | Recently Engaged
Replies: 72
Views: 5063

Re: First Time Homebuyer | Recently Engaged + Update!

I agree that you don't give much info on your plans and budget. I'll add that: - You don't have a 20% downpayment, so you will either have to dip into your savings to scrap what's missing, or pay PMI. - Unless you're planning on a 10% downpayment, you don't have enough to pay for closing costs on to...
by pasadena
Sun Mar 24, 2019 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: Do you trust/use your bank’s mobile app
Replies: 34
Views: 1891

Re: Do you trust/use your bank’s mobile app

I have an iPhone, and as others said above, I consider it more secure than most computers. Of course you can always run into an app that doesn't do what it says, but you run the same risk (or worse) with a website, and we're talking about financial institutions here, not random apps from random devs...
by pasadena
Sun Mar 24, 2019 12:45 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity HSA-how are you investing the funds?
Replies: 36
Views: 3142

Re: Fidelity HSA-how are you investing the funds?

An alternative is to view the HSA as only one component of your larger portfolio with a singular AA, and instead to maximize the tax advantages of the HSA. For this reason, it would actually be prudent to hold 100% equities in your HSA. You have to hold your equities somewhere, Roth IRAs and HSAs a...
by pasadena
Sun Mar 24, 2019 12:40 am
Forum: Personal Finance (Not Investing)
Topic: Where do you find high paying jobs?
Replies: 72
Views: 5855

Re: Where do you find high paying jobs?

If you read ‘blind’, you will be depressed. People make $300k to $800k at FAANG. New grads at Amazon start at $150k total comp. Or read this levels.fyi Don't believe half of what you read on Blind. I can vouch that the comp numbers on blind are generally realistic, but not for any individual claims...
by pasadena
Sun Mar 24, 2019 12:36 am
Forum: Personal Finance (Not Investing)
Topic: Request to review financial situation
Replies: 5
Views: 939

Re: Request to review financial situation

Welcome to the forum! 1) is a very personal decision. Since you're not there yet anyway, I'd just keep saving and make a decision once you have the money. Note that you need about 10% of the home price above the downpayment, for closing (edit: which you already factored in!) and ancillary costs, and...
by pasadena
Sun Mar 24, 2019 12:21 am
Forum: Personal Finance (Not Investing)
Topic: Where do you find high paying jobs?
Replies: 72
Views: 5855

Re: Where do you find high paying jobs?

IngognitoUSA wrote:
Sat Mar 23, 2019 9:45 pm
If you read ‘blind’, you will be depressed. People make $300k to $800k at FAANG. New grads at Amazon start at $150k total comp.
Or read this levels.fyi
Don't believe half of what you read on Blind.
by pasadena
Fri Mar 22, 2019 11:38 pm
Forum: Personal Finance (Not Investing)
Topic: When to increase house size with a growing family?
Replies: 43
Views: 2876

Re: When to increase house size with a growing family?

You have 3 bedrooms and 3 kids. The twins (did I get that right?) can share a room for another decade. Baby can go in what's currently the craft room for a while once he or she leaves your room. Baby can even share the twins' room for a while once he or she sleeps all night. My point is - you have t...
by pasadena
Fri Mar 22, 2019 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: MM Rates [Money Market]
Replies: 21
Views: 3273

Re: MM Rates

I was thinking 2-3 days to go from capital one to my TD bank then 2-3 days to go from TD bank to Vanguard. Just link your Capital One account to Vanguard, and once that's done (takes a week), you can transfer directly. My suggestion is to keep it simple. Find one place and stay there. Modest differ...
by pasadena
Fri Mar 22, 2019 9:12 pm
Forum: Personal Investments
Topic: Muni bond fund in taxable account: state (CA) or national
Replies: 24
Views: 1839

Re: Muni bond fund in taxable account: state (CA) or national

mega317 wrote:
Fri Mar 22, 2019 9:04 pm
Pasadena I hope you don't follow this advice. In California you can only deduct if at least half of a fund's income is from California.
Ah yes, right. I just double checked my last CA return and while TurboTax asks the question, it's not reported ion the return. Thanks for the correction!
by pasadena
Fri Mar 22, 2019 8:56 pm
Forum: Personal Investments
Topic: Muni bond fund in taxable account: state (CA) or national
Replies: 24
Views: 1839

Re: Muni bond fund in taxable account: state (CA) or national

My IPS states that, if the math works in their favor, tax-advantaged bonds should not be more than 50% of the total bond holdings, and state-specific munis should not be more than 50% of tax-advantaged bonds. I wrote that when I was living in CA. Why? Diversification (in geography but also types of ...
by pasadena
Fri Mar 22, 2019 8:43 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 12340
Views: 2123475

Re: U.S. stocks in free fall

Greg in Idaho wrote:
Fri Mar 22, 2019 7:17 pm
Kenkat wrote:
Fri Mar 22, 2019 5:34 pm
Welcome back, U.S. stocks in free fall post. Haven’t seen you around as much lately, figured you’d be back at some point!
Yep...just here to check...all is normal
Ah! I was looking for it, thinking "oh, today is a US Stocks in Free Fall thread day" :sharebeer
by pasadena
Fri Mar 22, 2019 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity HSA-how are you investing the funds?
Replies: 36
Views: 3142

Re: Fidelity HSA-how are you investing the funds?

The AA is the same as my 401(k) - also at Fidelity - but since it's a small-ish amount, I decided to play with the new Zero funds and see what happens: Fidelity Zero Total Market Index (FZROX) (64%) Fidelity Zero International Index (FZILX) (16%) Fidelity U.S. Bond Index (FXNAX) (20%) Whereas I use ...
by pasadena
Fri Mar 22, 2019 11:53 am
Forum: Personal Investments
Topic: How to pay the IRS now
Replies: 16
Views: 1279

Re: How to pay the IRS now

I know it doesn't answer your question, but what I did is, I opened a sub-account (savings at Ally) just to park the money I owe the IRS. When I filed, I told them to take the money directly from that account on April 15th. That way the money is out of my regular accounts, and in my mind it's alread...
by pasadena
Sat Mar 16, 2019 6:38 pm
Forum: Personal Investments
Topic: need help asset allocation
Replies: 14
Views: 637

Re: need help asset allocation

What is your question, exactly?
by pasadena
Sat Mar 16, 2019 2:29 pm
Forum: Personal Investments
Topic: Should I borrow from my emergency fund to max out my ROTH IRA
Replies: 22
Views: 1120

Re: Should I borrow from my emergency fund to max out my ROTH IRA

I would, with the caveat that I would also rebuild my EF immediately (read: as fast as you can). Actually, I did that, when I first opened my Roth IRA. You can withdraw the money you put in at any time, without tax or penalty, probably in a couple of clicks. So if an emergency does happen, the money...
by pasadena
Fri Mar 15, 2019 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Funding emergency home repair
Replies: 28
Views: 1863

Re: Funding emergency home repair

I don't think a cash-out refinance is ever a good idea unless you have literally no other choice (or if you're very old, maybe), especially with a higher interest rate. Not only will you pay interest on your roof for 30 years, but you will also increase the amount paid on the house, and you will hav...
by pasadena
Tue Mar 12, 2019 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: How many companies have you worked for?
Replies: 125
Views: 7731

Re: How many companies have you worked for?

I'm 44, and on job #8 post-college (#1 and #4 were with the same company, #2 lasted 3 months).

Changing jobs is often the best way to boost both your career and your income.
by pasadena
Tue Mar 12, 2019 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Tricky HDHP/HSA situation
Replies: 7
Views: 774

Re: Tricky HDHP/HSA situation

2. If we elect to stay with my wife's HDHP this calendar year, but decide to remove myself or our children in 2020 - what happens if the 2020 open enrollment period for my wife and I's work don't match? In other words, what if her open enrollment for 2020 is Nov 15th-Nov 30th, but mine is Dec 15th-...
by pasadena
Sun Mar 10, 2019 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Should I leave my local bank
Replies: 43
Views: 3780

Re: Should I leave my local bank

I recently closed my HSBC account, which I was only keeping alive because it was linked to my oldest credit card (I moved to the US in 2012 and was an HSBC Premier customer in my home country, so they gave me a fully-featured Credit Card with a high limit, even though I had no credit history in the ...
by pasadena
Sun Mar 10, 2019 12:34 am
Forum: Personal Finance (Not Investing)
Topic: What are your personal experiences with downside of early retirement?
Replies: 95
Views: 17588

Re: What are your personal experiences with downside of early retirement?

Both late 60s. That’s hardly early retirement. But now they're off again because I chewed up all of their time to get me to the finish line. Well, seems like you learned something. So for me, the downside is when talented, older engineers walk out the door with irreplaceable experience. That is a m...
by pasadena
Sat Mar 09, 2019 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Signing bonus taxes???
Replies: 7
Views: 1486

Re: Signing bonus taxes???

I paid taxes on my relocation bonus in the state where I was residing at the time that it was paid. That is, I didn't because I moved to a no-income-tax state 8-) - Since I was moving from a high-income-tax state, I worked with my new employer to make sure that the lump sum would be paid after I had...