Search found 57 matches

by matthewmon
Tue Dec 03, 2019 7:40 pm
Forum: Investing - Theory, News & General
Topic: Favorite stock(s) and why
Replies: 131
Views: 7777

Re: Favorite stock(s) and why

Welltower it's a reit that has a good dividend and is a play on the baby boomers getting older but it's only 5% of portfolio and I am selling options against it now to make extra money and when I get called out from my original position of 200 shares I'll just keep the free shares that were bought w...
by matthewmon
Tue Dec 03, 2019 7:25 pm
Forum: Personal Finance (Not Investing)
Topic: Planning as renter : How to rent home, condo for a few months in winter ?
Replies: 10
Views: 1085

Re: Planning as renter : How to rent home, condo for a few months in winter ?

What location do you want to rent in? My 2 bedroom ocean front beach condo in NC rents for over $1,700 a week during the summer but for only $1600 a month during November to March...which is super cheap for a 400k 2 bedroom condo right on the ocean. Yeah the water is too cold to go in but it's nice ...
by matthewmon
Tue Dec 03, 2019 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: How not to feel poor...
Replies: 78
Views: 12763

Re: How not to feel poor...

Are you going to have any pension money? It looks like you're going to have more money than my wife and I in retirement...we are 38 and 31. I am very frugal also but have realized you only live once and time is precious. We took our 12 year old son to Orlando Florida to experience SeaWorld and Unive...
by matthewmon
Wed Oct 02, 2019 7:36 am
Forum: Personal Investments
Topic: Emerging Markets Value Funds?
Replies: 14
Views: 1278

Re: Emerging Markets Value Funds?

Better than vwo?
by matthewmon
Wed Oct 02, 2019 6:58 am
Forum: Investing - Theory, News & General
Topic: TD Ameritrade Introduces $0 Commissions for Online Stock, ETF and Option Trades
Replies: 49
Views: 5706

Re: TD Ameritrade Introduces $0 Commissions for Online Stock, ETF and Option Trades

Just so you know you could have clicked on the AON (all or none) box and you wouldn't get partial fills.
by matthewmon
Wed Oct 02, 2019 4:55 am
Forum: Investing - Theory, News & General
Topic: TD Ameritrade Introduces $0 Commissions for Online Stock, ETF and Option Trades
Replies: 49
Views: 5706

Re: TD Ameritrade Introduces $0 Commissions for Online Stock, ETF and Option Trades

best way to go from the sptm i had bought at TD to vti and same for spdw to vanguard international etf??? thanks!
by matthewmon
Thu May 23, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4369
Views: 841646

Re: What's Your Credit Card Rewards Strategy?

how about 3k spend?
by matthewmon
Thu May 23, 2019 9:50 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4369
Views: 841646

Re: What's Your Credit Card Rewards Strategy?

I saw people saying you can get $500 cash back with the Capital One savor card but when I went to the website it said $300 cash back....am I too late for the $500? What other cards other than sapphire preferred can I get $500 for 3k spend in 3 months? thanks!
by matthewmon
Wed Mar 27, 2019 8:57 am
Forum: Investing - Theory, News & General
Topic: Anyone else gotten totally bored with investing?
Replies: 142
Views: 24700

Re: Anyone else gotten totally bored with investing?

I have finally reached this point at 37 years old. I think this is the point in which my returns will be optimized from now on. I would have a lot more money if I had reached this point 15 years ago but luckily I had a high savings rate. Basically screwed around a lot and none of it worked well long...
by matthewmon
Mon Jul 16, 2018 2:27 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime Day 2018
Replies: 88
Views: 11298

Re: Amazon Prime Day 2018

how does this prime day even work I've never done it before. I keep clicking on "shop all deals" and nothing happens?
by matthewmon
Mon Jul 16, 2018 12:26 pm
Forum: Personal Consumer Issues
Topic: Amazon Prime Day 2018
Replies: 88
Views: 11298

Re: Amazon Prime Day 2018

i have a 4k roku tv what would this fire stick do for me?
by matthewmon
Mon Jul 09, 2018 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 501
Views: 59123

Re: What is/ was your career and would you recommend it now?

its a long story but after getting a business degree with excellent grades I didn't take a normal career path and now at the age of 37 still have never had a "career" job. The longest job I had was debt collector for 5 years and I do not recommend it...it was the first job I found after withdrawing ...
by matthewmon
Fri Mar 16, 2018 5:19 pm
Forum: Personal Consumer Issues
Topic: What is your favorite reasonably priced Rum?
Replies: 48
Views: 5340

Re: What is your favorite reasonably priced Rum?

is it true dark liquors are the healthiest? I think I like rum in diet coke better than whiskey in diet coke. I have only tried white rum and diet coke though...what is a good CHEAP (I don't believe in spending a lot on liquor) dark rum to put in my rum and cokes? I like rum in cranberry juice too b...
by matthewmon
Fri Mar 16, 2018 1:40 pm
Forum: Personal Consumer Issues
Topic: Large life style creep that was completely worth it
Replies: 112
Views: 17186

Re: Large life style creep that was completely worth it

how far are you from the beach? We got a condo right on the ocean in 2014 and it has been amazing...life changing and sooo worth it. Prices have started to go up but you still have time to get one for a decent price. If you live 2 hours or less away from it you can usually figure out a way to go mor...
by matthewmon
Sat Mar 03, 2018 10:34 am
Forum: Personal Finance (Not Investing)
Topic: $500 above EITC limit and $700 above 20% savers credit instead of 10%...
Replies: 17
Views: 1311

Re: $500 above EITC limit and $700 above 20% savers credit instead of 10%...

my wife made a $1,000 contribution to her roth after tax 401k in 2017 so maybe she could contact the 401k administrator and have them recharacterize it as a pre tax 401k contribution. It would bring AGI down from $45,963 to $44,963 and the AGI limit for one child is $45,207 to get EITC....would it b...
by matthewmon
Mon Feb 26, 2018 7:13 pm
Forum: Personal Finance (Not Investing)
Topic: $500 above EITC limit and $700 above 20% savers credit instead of 10%...
Replies: 17
Views: 1311

Re: $500 above EITC limit and $700 above 20% savers credit instead of 10%...

^my wife and I already did the maximum 5,500 each for last year. If I overpaid for my ACA last year I am assuming that turbotax is taking that into account and fixing it for me?

is there any way we could possibly pay less taxes if we filed seperately?
by matthewmon
Mon Feb 26, 2018 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: $500 above EITC limit and $700 above 20% savers credit instead of 10%...
Replies: 17
Views: 1311

Re: $500 above EITC limit and $700 above 20% savers credit instead of 10%...

just logged onto her health insurance website - blue cross blue shield blueoptions and her deductible was 1,500 and max out of pocket 4,500 so it looks like an HDHP to me but I found this ---- Please note: This health benefit plan was not specifically designed to be a high deductible health plan ("H...
by matthewmon
Mon Feb 26, 2018 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: $500 above EITC limit and $700 above 20% savers credit instead of 10%...
Replies: 17
Views: 1311

Re: $500 above EITC limit and $700 above 20% savers credit instead of 10%...

she has a county government job in NC. I will get her to contact someone about her health insurance at work tomorrow.
by matthewmon
Mon Feb 26, 2018 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: $500 above EITC limit and $700 above 20% savers credit instead of 10%...
Replies: 17
Views: 1311

Re: $500 above EITC limit and $700 above 20% savers credit instead of 10%...

I just checked with my wife and she said her health insurance deductible last year was $1,500. I'm going to get her to bring me her health insurance info from last year tomorrow. So if her deductible was over $1,300 and max out of pocket below $6,550 we can open her up and HSA somewhere and put at l...
by matthewmon
Mon Feb 26, 2018 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: $500 above EITC limit and $700 above 20% savers credit instead of 10%...
Replies: 17
Views: 1311

Re: $500 above EITC limit and $700 above 20% savers credit instead of 10%...

no...I had ACA... Not sure I can reduce it that way I would think turbotax is already calculating that for me? I had a $1,000 deductible and $3,250 max out of pocket which I hit. I actually have an HSA from when I worked at a Megacorp but I'm pretty sure I cannot contribute to it anymore because I h...
by matthewmon
Mon Feb 26, 2018 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: $500 above EITC limit and $700 above 20% savers credit instead of 10%...
Replies: 17
Views: 1311

$500 above EITC limit and $700 above 20% savers credit instead of 10%...

let this be a lesson...I could have easily contributed $700 more to my 401k in December of last year to get more money back on my taxes but forgot to calculate my taxes until now instead of late November of last year like I should have. Now I cannot think of a way to lower my AGI and I already contr...
by matthewmon
Sat Jan 13, 2018 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4369
Views: 841646

Re: What's Your Credit Card Rewards Strategy?

do I get the 5% cashback on gas from Chase Freedom if I buy gas at a Neighborhood Walmart?
by matthewmon
Sat Jan 13, 2018 10:53 am
Forum: Investing - Theory, News & General
Topic: Heading for a top?
Replies: 112
Views: 11542

Re: Heading for a top?

I agree there is no way to time it and we shouldn't try to time it...but we have had 9 straight years of positive return in US stock market which ties a record I think...so if the market goes up the next 2 years which I could see as possible with these new tax cuts we would definitely be setting a n...
by matthewmon
Sat Jan 13, 2018 7:43 am
Forum: Personal Investments
Topic: [Deleted]
Replies: 98
Views: 19395

Re: REIT or No REIT

I am buying healthcare reits HCN & VTR right now (10% of portfolio) at close to 6% dividend yield...with the population aging for the next 20+ years seems pretty safe since I plan to hold that long or longer.
by matthewmon
Thu Jan 11, 2018 1:14 pm
Forum: Personal Investments
Topic: roth recharacterization - think I made a mistake?
Replies: 2
Views: 408

Re: roth recharacterization - think I made a mistake?

ok...I suck at taxes and think I just got confused. I will just leave it as is if everything is fine. Thanks!
by matthewmon
Thu Jan 11, 2018 12:12 pm
Forum: Personal Investments
Topic: roth recharacterization - think I made a mistake?
Replies: 2
Views: 408

roth recharacterization - think I made a mistake?

I did some reading on this site and thought I had figured out a way to reduce my taxable income in 2017 to get the full savers credit...but now I think I have realized what I did probably wasn't correct or proper and needs to be fixed??? Was it okay or do I need to do something to fix the situation ...
by matthewmon
Sat Nov 18, 2017 11:21 am
Forum: Personal Consumer Issues
Topic: Has used furniture dropped in value dramatically?
Replies: 119
Views: 14864

Re: Has used furniture dropped in value dramatically?

BW1985 what is the best website for me to learn how to paint old furniture like you and your wife do? thanks!
by matthewmon
Tue Oct 17, 2017 5:42 pm
Forum: Investing - Theory, News & General
Topic: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]
Replies: 566
Views: 76276

Re: Fellow TDA bogleheads [TDA dropping Vanguard ETFs from commission-free list]

SPTM and SPEM do not have options and I like to use options strategies sometimes so that is another negative. I will wait for a boglehead consensus to form on what is the best brokerage to move my family's 6 accounts to that has commission free, optionable, low ER ETFs for the 3 fund porfolio. I rec...
by matthewmon
Tue Oct 03, 2017 1:43 pm
Forum: Personal Investments
Topic: Moving 401k money to TD Ameritrade IRAs???
Replies: 3
Views: 419

Moving 401k money to TD Ameritrade IRAs???

I had my old employer send me my entire 401k balance made out to TD Ameritrade in two checks (one that is Roth 401k money and one that is regular 401k money). Can I send the Roth 401k check to my Roth IRA account and my regular 401k check to my traditional IRA account? Or do I have to send the check...
by matthewmon
Wed Sep 27, 2017 7:58 pm
Forum: Personal Consumer Issues
Topic: Where do you get your news?
Replies: 131
Views: 12078

Re: Where do you get your news?

i scroll through newsmax and drudgereport once a day for about 10 minutes so I don't have to spend hours a day watching tv.
by matthewmon
Wed Sep 27, 2017 7:45 pm
Forum: Personal Consumer Issues
Topic: Any books really change your outlook on life?
Replies: 326
Views: 61189

Re: Any books really change your outlook on life?

who moved my cheese. I listened to it once on cd while somebody else was driving and it instantly changed my life - I NEVER waste time worrying or stressing out now. Other than the Bible its been by far the most life changing book to me.
by matthewmon
Sat Sep 23, 2017 11:15 am
Forum: Personal Investments
Topic: how much to put in roth accounts?
Replies: 8
Views: 1794

Re: how much to put in roth accounts?

how could we withdraw 10k/year from tira and not hit the 15% tax bracket. I calculate 10% tax bracket amount of $18,650 + $12,700 standard deduction for a couple = $31,350. So wouldn't any income over $31,350 be taxed at 15%? Thanks for your help!
by matthewmon
Tue Sep 19, 2017 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Getting over emotional attachment to house
Replies: 70
Views: 8785

Re: Getting over emotional attachment to house

are there any other beaches you like to vacation at where the real estate prices are more reasonable? if so you could make a 2 bedroom condo on that beach your primary residence. you could buy it now and rent it out to pay off the small mortgage if you need one by the time you retire in 10 years. My...
by matthewmon
Tue Sep 19, 2017 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: What is the right career path for me?
Replies: 24
Views: 3272

Re: What is the right career path for me?

is running a tutoring business the only job you have ever had? Does it pay really well? Do you have ALL the intelligence and skills it would take to reach those big goals? I was a big dreamer until my mid to late twenties also. You can end up wasting a lot of time and money that way. My suggestion i...
by matthewmon
Tue Sep 19, 2017 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Getting over emotional attachment to house
Replies: 70
Views: 8785

Re: Getting over emotional attachment to house

there is nothing like living on the water imo. what about getting half of the equity out by getting a 2 bedroom condo on the ocean if that would work and have 50k more in income annually in retirement? maybe even take a loan on the condo since the interest rates are so low right now. imo if you stil...
by matthewmon
Mon Sep 18, 2017 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Getting over emotional attachment to house
Replies: 70
Views: 8785

Re: Getting over emotional attachment to house

I did sell and downsize my house but I am 36 and wife 29 and I figured we would end up with well over 200k more in retirement and we are in a low cost of living part of North Carolina...so it was worth it to us. I don't enjoy working and want to retire ASAP so the financial payoff made it worth doin...
by matthewmon
Fri Sep 15, 2017 7:43 pm
Forum: Personal Consumer Issues
Topic: Flex steel,mLazy Boy,or other sectional?
Replies: 10
Views: 943

Re: Flex steel,mLazy Boy,or other sectional?

my parents have flexsteel that has held up for 35+ years
by matthewmon
Tue Sep 12, 2017 11:13 am
Forum: Personal Finance (Not Investing)
Topic: buying home w/o real estate agents questions?
Replies: 8
Views: 1456

Re: buying home w/o real estate agents questions?

he is going to sell FSBO so no commissions for seller agent and I won't have a realtor so there will be no 3% going to a buyer's agent. $100 per square foot is a good and fair price for properties in the neighborhood to sell for recently so hopefully he would take that with no realtor's involved. On...
by matthewmon
Tue Sep 12, 2017 9:36 am
Forum: Personal Finance (Not Investing)
Topic: buying home w/o real estate agents questions?
Replies: 8
Views: 1456

Re: buying home w/o real estate agents questions?

ok i just reviewed the buyer agent agreement... it expires on midnight September 30th. it says ------- The compensation shall be deemed earned if, within 120 days after expiration of this agreement, buyer enters into a contract to acquire property introduced to buyer during the terms of this agreeme...
by matthewmon
Mon Sep 11, 2017 8:30 pm
Forum: Personal Investments
Topic: did I make a mistake funding a traditional IRA?
Replies: 17
Views: 2700

Re: did I make a mistake funding a traditional IRA?

awesome thanks for the help anonjohn. I think I am going to characterize my money in the Traditional IRA back to the Roth IRA.
by matthewmon
Mon Sep 11, 2017 4:27 pm
Forum: Personal Investments
Topic: did I make a mistake funding a traditional IRA?
Replies: 17
Views: 2700

Re: did I make a mistake funding a traditional IRA?

cool...so it seems like I have already accidentally contributed exactly as much as I needed to plus $200 ($20,200) to be able to stop contributing for the rest of the year and still get the full 2k credit for both my wife and I which would be 4k total credit? also I just looked at form 8880 and it d...
by matthewmon
Mon Sep 11, 2017 4:04 pm
Forum: Personal Investments
Topic: did I make a mistake funding a traditional IRA?
Replies: 17
Views: 2700

Re: did I make a mistake funding a traditional IRA?

ok thanks! I was calculating 57,000 - 8,200 to wife's traditional 401k - 5,500 to my traditinal ira = 43,300 AGI. What was wrong with this calculation? If I could convert my $5,500 that I recharacterized from roth to tradtional back to roth IRA I would prefer that.... Also if I could stop contributi...
by matthewmon
Mon Sep 11, 2017 2:03 pm
Forum: Personal Investments
Topic: did I make a mistake funding a traditional IRA?
Replies: 17
Views: 2700

Re: did I make a mistake funding a traditional IRA?

I want to make sure I get the full $2,000 credit and am not sure if I am already at the point that I would get it or if I need to contribute to 401k more please see my numbers and help thanks! estimated income of my wife and I combined - around 57k my wife has contributed $8,200 to traditional 401k,...
by matthewmon
Mon Sep 11, 2017 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: buying home w/o real estate agents questions?
Replies: 8
Views: 1456

buying home w/o real estate agents questions?

I know of a house that is 3 houses down from my mother's house that is going to be put on the market fsbo in a few months. My my mom has contacted the owner twice asking to let my wife and I see the home ASAP because I am interested...but he never offers to show it. I am very interested in the home ...
by matthewmon
Thu May 11, 2017 1:57 pm
Forum: Personal Investments
Topic: did I make a mistake funding a traditional IRA?
Replies: 17
Views: 2700

Re: did I make a mistake funding a traditional IRA?

we only make 75k combined right now and don't expect to ever be much higher so pretty low tax bracket. We just have a lot of extra money from a home sale. So is it worth it doing the Traditional IRA this year to make sure we get the full saver's credit? thanks a lot guys!
by matthewmon
Thu May 11, 2017 1:13 pm
Forum: Personal Investments
Topic: did I make a mistake funding a traditional IRA?
Replies: 17
Views: 2700

did I make a mistake funding a traditional IRA?

I read about the saver's credit on this site a couple months ago and I recharacterized my 2017 Roth IRA contribution to a traditional IRA to reduce my income so I can get the full saver's credit (2k for my wife and I). I am maxing out my 401k this year as well. I am 35 years old with 150k in retirem...
by matthewmon
Fri May 05, 2017 12:49 am
Forum: Personal Investments
Topic: Priority of Retirement Accounts
Replies: 18
Views: 2372

Re: Priority of Retirement Accounts

With so many options available, I'm having a hard time figuring out in general what is consensus priority in putting money into all the different retirement accounts? Understand that many factors can influence this for each individual but I think my situation is fairly simple. I'm 35 years old, mar...
by matthewmon
Thu Apr 20, 2017 1:15 am
Forum: Personal Finance (Not Investing)
Topic: which mortgage to go with?
Replies: 5
Views: 1119

Re: which mortgage to go with?

Thanks guys I am going to go with the 15 year. My mortgage guy said most people go with option 1 and that is what he was pushing me towards.
by matthewmon
Tue Apr 18, 2017 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: which mortgage to go with?
Replies: 5
Views: 1119

Re: which mortgage to go with?

wife and I make 80k/year combined so not a high income and we have a 9-year old child. I could figure out a way to pay cash but I was thinking from a financial standpoint it would be smarter to use low interest rates and get a loan because at our ages it's all about getting as much money as possible...