Search found 177 matches

by financeidiot
Fri Nov 16, 2018 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Recommendation for building my first iOS app?
Replies: 10
Views: 821

Re: Recommendation for building my first iOS app?

The core requirements are pretty straightforward. The goal isn't to find the cheapest rental, etc. There's plenty of great tools for that already (i.e., Autoslash, Priceline, etc.). The purpose of the app is to simplify the workflow of the of picking up and dropping off rental cars for people who re...
by financeidiot
Fri Nov 16, 2018 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Recommendation for building my first iOS app?
Replies: 10
Views: 821

Re: Recommendation for building my first iOS app?

If this is a personal project for your iPhone, I would stay away from cross-platform development and stick to iOS programming with Swift. You will need an Apple laptop or desktop to program with, though. Apple's free resources for beginners are very good: https://www.apple.com/everyone-can-code/ If...
by financeidiot
Fri Nov 16, 2018 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Recommendation for building my first iOS app?
Replies: 10
Views: 821

Re: Recommendation for building my first iOS app?

I have an idea, specific user story requirements in a prioritized backlog, and a wireframe for an app that will simplify the car rental process for me. The goal is to create the app for myself because I am personally frustrated with the car rental process and know exactly what would make it easier ...
by financeidiot
Fri Nov 16, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Recommendation for building my first iOS app?
Replies: 10
Views: 821

Recommendation for building my first iOS app?

I don't have a car but I frequently rent cars often for weekend fly fishing trips. Until I do a lot more trips per year, it makes more sense for me to rent cars than own one. I have an idea, specific user story requirements in a prioritized backlog, and a wireframe for an app that will simplify the ...
by financeidiot
Sat Oct 06, 2018 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Former Employer Contracting Opportunity - Share Your Thoughts
Replies: 29
Views: 1618

Re: Former Employer Contracting Opportunity - Share Your Thoughts

Pick what you need to make to make it worth it for you to come out of retirement. Stick to that number and don’t budge. It doesn’t really matter what you made before or what fees they pay to the contracting company because you’re the one making the decision to work based on what compensation goes in...
by financeidiot
Fri Sep 21, 2018 8:29 am
Forum: Personal Consumer Issues
Topic: Recommend a To-do app please.
Replies: 26
Views: 2112

Re: Recommend a To-do app please.

I use Todoist for checklists and simple tasks, like groceries or cleaning the house, and Asana for projects and long-term goals. I haven't found an app that supports short and long-term planning well. Both will integrate with voice commands Amazon Echo or Google Home through IFTT or Zapier, which I ...
by financeidiot
Sun Jul 15, 2018 5:44 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?
Replies: 35
Views: 2880

Re: Anyone Else Here Trying to Max Out 401k for the 1st Time in 2018?

Read your company's 401k policy. Many policies will not keep providing the match if you max out your individual contribution limit ($18,500) before the end of the year. Make sure you'll continue getting the match on every paycheck, usually this just means making sure your final paycheck contribution...
by financeidiot
Sun Jul 15, 2018 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Accepted new job, immediately laid off at old one?
Replies: 37
Views: 6297

Re: Accepted new job, immediately laid off at old one?

Never hurts to keep looking until you start the new job. Probably won't be an issue, but if you need it, it helps to have multiple job offers.
by financeidiot
Tue Jun 05, 2018 6:55 pm
Forum: Investing - Theory, News & General
Topic: FOMO (Fear Of Missing Out) and your portfolio?
Replies: 23
Views: 2553

Re: FOMO (Fear Of Missing Out) and your portfolio?

FOMO is real, everyone feels it. It explains a lot of trend following and is absolutely worth trying to overcome. For example, I felt like I was really missing out on Bitcoin and crypto last year, so I blocked financial news to ignore it. Knowing I'm weak-willed, my FOMO strategy is ignorance. If I ...
by financeidiot
Mon May 21, 2018 8:21 am
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 344
Views: 50809

Re: New HSA provider Lively offers investments for $30/yr fee

Switched to Lively a few months ago. I've since lost my HSA eligibility (new employer has no HSA eligible plans) and they've been extremely helpful in navigating how much I need to withdraw and what the rules would be if I get my eligibility back later this year. Best and fastest service I've ever h...
by financeidiot
Wed May 16, 2018 11:26 am
Forum: Investing - Help with Personal Investments
Topic: Help with private stock options!
Replies: 0
Views: 220

Help with private stock options!

Hi, all! I appreciate your help and insights in advance! I've changed employment and moved to a startup where I work as a contractor with a guaranteed salary of $120k for 1 year. That startup has now purchased and merged with another company. I know at some point in the next two weeks, I will be pre...
by financeidiot
Tue May 08, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Best places for 401k green soldiers!
Replies: 11
Views: 1282

Re: Best places for 401k green soldiers!

After reading all these comments and thinking some more... if I have a Roth option in my 401k and know that I won’t be maxing it out by the end of this year would it be worth it to just adjust the percentages and contribute both Roth and traditional into my 401k until it’s maxed out and then go to ...
by financeidiot
Mon May 07, 2018 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: Best places for 401k green soldiers!
Replies: 11
Views: 1282

Re: Best places for 401k green soldiers!

Welcome to the forum! It would be helpful to know your annual income or approximate annual income. It would also help to have specific numbers by asset and fund rather than just percentages (rounding is fine, doesn't have to be exact). This will help with some of your more complex questions. Here's ...
by financeidiot
Fri Apr 20, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Interesting vs higher paying job
Replies: 40
Views: 3711

Re: Interesting vs higher paying job

TheTurtle, Why do you believe the lower-paying job would be more interesting? Would there be a way to recreate that spark in a higher-paying environment? If you take the lower paying job, how and when would you know it's not what you are expecting? I'm not of the belief that making one decision earl...
by financeidiot
Thu Apr 12, 2018 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: Should I join a startup?
Replies: 14
Views: 1640

Re: Should I join a startup?

Can you ask for a short-term contract with a higher base salary? I'm joining a startup in 2 weeks. I signed a 12 month contract with a staffing agency used by the startup. For all intents and purposes, I will look, act, and smell like an employee but will be a 1099 contractor. After 12 months (or so...
by financeidiot
Tue Apr 10, 2018 8:59 am
Forum: Investing - Help with Personal Investments
Topic: 29yr old more index funds or property to live in? [Australia]
Replies: 5
Views: 593

Re: 29yr old more index funds or property to live in? [Australia]

Mobility is a marketable quality to have. If you don't own a home, you can move where the jobs are or go on location and not be tied down to one place. Make money, save, and invest in a home when you have more stability and longer-term goals that allow you to stay in one place. Until then, max out y...
by financeidiot
Tue Apr 10, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: Anyone tried a sunrise alarm clock?
Replies: 42
Views: 3985

Re: Anyone tried a sunrise alarm clock?

I have a Phillips one, completely changed my mornings. I used to sleep in a room that did not get any direct sunlight and had a lot of trouble waking up in the morning. Bought the alarm clock and started feeling much better in the mornings, especially in winter. I use it almost every day, but if I f...
by financeidiot
Mon Apr 09, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Easily digestible info/blog on finances for spouse?
Replies: 35
Views: 3000

Re: Easily digestible info/blog on finances for spouse?

I've really enjoyed Chief Mom Officer lately. I've found her career and time management advice to be cutting and insightful. Indirectly, her writing has heightened my awareness of how men are raised to approach finances, family, time, obligations, and risk management differently from women. For that...
by financeidiot
Fri Apr 06, 2018 10:41 am
Forum: Personal Consumer Issues
Topic: Waterbury, Stowe, Burlington, VT
Replies: 12
Views: 879

Re: Waterbury, Stowe, Burlington, VT

I was in Stowe for a wedding last October. Took a hike before the procession and saw lots of trout. Wish I had a fly rod. There's some fly fishing shops near the area, lots of hiking. I believe you might be able to do mountain biking trails where the ski runs are at Stowe.
by financeidiot
Thu Apr 05, 2018 2:46 pm
Forum: Personal Finance (Not Investing)
Topic: House down payment - Smart for anything between 3.5% and 20%?
Replies: 23
Views: 2107

Re: House down payment - Smart for anything between 3.5% and 20%?

Others here are more knowledgeable about real estate, but you can remove PMI once you pay off a certain percentage of the home's original value. If you make a larger down payment, you are closer to that number, so you don't have as far to go. If you believe you can get a better return, elsewhere, do...
by financeidiot
Tue Apr 03, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Career Move: Please convince me why I should not work in tech
Replies: 74
Views: 8963

Re: Career Move: Please convince me why I should not work in tech

I think Bogleheads have a (good) tendency towards long-term goal optimization that is not always necessary when it comes to career planning. It's OK to make mistakes in your career as long as you're learning from them. From what you've stated, you have a lot of questions you need to test: 1. What ty...
by financeidiot
Thu Mar 15, 2018 1:17 pm
Forum: Personal Consumer Issues
Topic: Tips on saving on living expenses for a first time single householder
Replies: 46
Views: 3802

Re: Tips on saving on living expenses for a first time single householder

Good advice so far. I've had a lot of luck swinging by my apartment building's dumpster, trash removal space, or "free stuff area," when people move in/out. Got a lot of free furniture (coffee tables, storage boxes, shelves, bookcases, etc.) and other stuff (Ortlieb pannier, my favorite outdoor shir...
by financeidiot
Thu Mar 15, 2018 10:23 am
Forum: Personal Finance (Not Investing)
Topic: Do you consider an emergency fund as part of your overall allocation?
Replies: 24
Views: 2368

Re: Do you consider an emergency fund as part of your overall allocation?

I don't consider my EF to be part of my portfolio, but it does indirectly affect my allocation. Specifically, if I didn't have an emergency fund, I would invest more conservatively. My worst case scenario is losing my job for 3 months or more (fired, laid off, illness, etc.) during a stock market cr...
by financeidiot
Tue Mar 13, 2018 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice re: Liberal Arts Colleges...
Replies: 235
Views: 15299

Re: Need advice re: Liberal Arts Colleges...

In general, students who flourish at liberal arts colleges leave with highly marketable skills, namely sophisticated critical reading, writing, thinking, and oral communication skill. Liberal arts colleges also tend to provide their students with greater individual support than do many larger Unive...
by financeidiot
Mon Mar 05, 2018 1:02 pm
Forum: Personal Consumer Issues
Topic: Etiquette of hanging up on live telemarketers
Replies: 77
Views: 4390

Re: Etiquette of hanging up on live telemarketers

As a former B2B cold caller, I wasn't offended if people hung up, rejection is part of the job. Defend your personal time and space, if you're not interested, no need to waste your time explaining why, just disconnect.
by financeidiot
Mon Mar 05, 2018 12:50 pm
Forum: Personal Finance (Not Investing)
Topic: Another reason to steer clear of Bitcoin. As if we need another reason...
Replies: 47
Views: 6928

Re: Another reason to steer clear of Bitcoin. As if we need another reason...

Another argument for "stealth wealth." Cryptocurrencies may be anonymous, but not if you let other people know you own them. The less you flaunt your wealth or let people know about any of your assets or your financial situation, the less likely you are to be targeted. It's also a reminder that the ...
by financeidiot
Sun Feb 25, 2018 8:57 pm
Forum: Personal Consumer Issues
Topic: Help! Buying my first sofa/couch
Replies: 27
Views: 2139

Re: Help! Buying my first sofa/couch

Thanks, all!
by financeidiot
Fri Feb 23, 2018 9:51 am
Forum: Personal Consumer Issues
Topic: Help! Buying my first sofa/couch
Replies: 27
Views: 2139

Help! Buying my first sofa/couch

Hi all! I've read the prior posts here on couch advice but I'd love to get some thoughts as to how you would approach buying your first couch. There's too many decisions, brands, and methods of purchase and I'm in analysis paralysis. Here's my situation: 1. Don't have a car. 2. Renter (expect to mov...
by financeidiot
Thu Feb 22, 2018 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Why open a taxable account?
Replies: 27
Views: 4653

Re: Why open a taxable account?

In general, taxable accounts are for: 1. People who have already maxed out their tax advantaged space (401k, IRA, HSA, etc.) and want to invest more. 2. People who want to invest for shorter-term goals than retirement and avoid paying a penalty for early withdrawals. 3. People who want to be able to...
by financeidiot
Tue Jan 30, 2018 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Accepting an offer from an employer who said previously no!
Replies: 30
Views: 3871

Re: Accepting an offer from an employer who said previously no!

When choosing between two bad options, pick the third one :wink: . That said, I wouldn't hold it against the employer they didn't hire her the first time. They went with the candidate they liked best and it didn't work out. They also were honest enough to explain why they didn't select her. Perhaps ...
by financeidiot
Thu Jan 11, 2018 11:04 am
Forum: Personal Consumer Issues
Topic: Poll: BHs who rent - what % of gross do you spend on rent?
Replies: 84
Views: 6401

Re: Poll: BHs who rent - what % of gross do you spend on rent?

15 - 25% in Washington, DC. Used to be higher until I increased income and added a roommate. Getting rent lower becomes a cost and time tradeoff with transportation.
by financeidiot
Wed Jan 10, 2018 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: 25 Year Old Retiring Extremely Early-Domestic Wellesley or Half Global, Half Domestic Wellesley Better for my Bonds?
Replies: 55
Views: 7967

Re: 25 Year Old Retiring Extremely Early-Domestic Wellesley or Half Global, Half Domestic Wellesley Better for my Bonds?

I think you're close to answering your own question about the Wellesley funds. If you see domestic vs. international as a wash, then a 50/50 split between domestic and international and your suggested 1/4 allocation to each fund (or whatever distribution you need to hit your 70/30 equity/bond split ...
by financeidiot
Wed Jan 10, 2018 11:45 am
Forum: Investing - Help with Personal Investments
Topic: 25 Year Old Retiring Extremely Early-Domestic Wellesley or Half Global, Half Domestic Wellesley Better for my Bonds?
Replies: 55
Views: 7967

Re: 25 Year Old Retiring Extremely Early

Your current position is defensible, your proposed 1/4 each position is defensible. The solution is to set aside a couple hours (or read some investment books like All About Asset Allocation by Rick Ferri) pick an allocation, write it down (as part of your investment policy statement) and stick to i...
by financeidiot
Fri Dec 29, 2017 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Question about HSA Contribution
Replies: 5
Views: 476

Re: Question about HSA Contribution

You should be good to go as long as you both were covered by the HSA for the full month of December this year (Dec 1 - Dec 31). Here's a summary from New Direction IRA. "Last-month rule: If you are an eligible individual on the first day of the last month of your tax year (usually Dec. 1), you are c...
by financeidiot
Thu Dec 28, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: What is the best current account aggregator online?
Replies: 26
Views: 3418

Re: What is the best current account aggregator online?

I use Personal Capital for tracking investments and Mint for tracking budgets. I don't love either for tracking net worth, though. Mint has trouble updating with Vanguard, while Personal Capital has had issues updating with my HSA. I have noticed that most issues with personal capital are temporary ...
by financeidiot
Wed Dec 20, 2017 4:23 pm
Forum: Investing - Theory, News & General
Topic: Quite a few people I know in real life that normally don't mess with finances have brought up investing in bitcoin
Replies: 74
Views: 7998

Re: Quite a few people I know in real life that normally don't mess with finances have brought up investing in bitcoin

Quite a few of the people I know in my friend circle have all of a sudden come out saying that they just started investing in bitcoin and want me to join the train. I have little interest in doing so as I have my own investments I do with vanguard. Am I wrong or ill informed to pass on this bitcoin...
by financeidiot
Fri Dec 15, 2017 10:10 am
Forum: Investing - Theory, News & General
Topic: Best 401k Provider
Replies: 12
Views: 1618

Re: Best 401k Provider

In my opinion, the best 401k provider is the one that gets all employees access to the best and cheapest funds at lowest total cost (not just cost to the company). There are three ways you can pay for this service: Option 1: Asset Under Management (AUM) Fee. Straight up AUM fee with no additional co...
by financeidiot
Wed Nov 15, 2017 9:02 pm
Forum: Investing - Theory, News & General
Topic: Quest for better fund selection in 401 K
Replies: 22
Views: 2407

Re: Quest for better fund selection in 401 K

Not sure how large your company is, but this may be better managed through personal conversations with whoever is in charge of 401k selection. The stock emails you sent sound more like something you would send before a lawsuit than an honest request from someone who is interested in improving the co...
by financeidiot
Wed Nov 15, 2017 10:28 am
Forum: Personal Consumer Issues
Topic: Maui Jim Sunglasses (or similar quality)
Replies: 14
Views: 2105

Re: Maui Jim Sunglasses (or similar quality)

You may not get a discount on the sunglasses per se, but you could get discounts at different retailers. For example, buy $100 Cabela's gift cards for $82 (current eBay offer), then purchases the glasses from Cabelas. If you can get them on sale, with free shipping, or with X% off a full-priced item...
by financeidiot
Sun Nov 12, 2017 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Working on elevator pitching, sales charisma
Replies: 8
Views: 1106

Re: Working on elevator pitching, sales charisma

Practice, practice, practice. You should also consider mapping out how you expect your sales process should work from beginning to end (sales funnel). Here's a few questions to get started: Who is your decision maker (person who makes the buy/no buy decision)? How will you contact the decision maker...
by financeidiot
Wed Nov 08, 2017 6:50 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance
Replies: 7
Views: 772

Re: Disability Insurance

I recently purchased an own-occupation disability insurance policy in addition to my employer's. The three reasons I made the purchase were: (1) I'm young and most of my earning potential is in front of me, (2) I could not afford a long-term disability and meet my other life goals, and (3) a former ...
by financeidiot
Wed Nov 08, 2017 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: Should I invest my emergency fund?
Replies: 16
Views: 1708

Re: Should I invest my emergency fund?

It seems like you're mixing the purposes of your funds. $530,000 is for retirement and not needed for 20+ years. Good. $80,000 in cash split between an emergency fund and a "reserve" for a purchase in 2-4 years. Not good. Divide the $80,000 into an emergency fund and a reserve. Treat them separately...
by financeidiot
Thu Nov 02, 2017 10:51 am
Forum: Personal Consumer Issues
Topic: Spam calls to cell phone...
Replies: 94
Views: 10291

Re: Spam calls to cell phone...

I wouldn't necessarily block the number. The phone numbers are typically spoofed (not the actual number they're calling from) and they won't use the same number twice. You could also block a number you want to receive calls from in the future (though unlikely).
by financeidiot
Thu Nov 02, 2017 9:53 am
Forum: Personal Consumer Issues
Topic: Spam calls to cell phone...
Replies: 94
Views: 10291

Re: Spam calls to cell phone...

Send every call you don't recognize to voicemail. If you answer the phone, they know a real person is responding to your number. I used to get spam calls all the time (at least 3X a day). After a month of not answering my phone for every number I didn't recognize, they've reduced substantially (1-2X...
by financeidiot
Wed Nov 01, 2017 9:14 am
Forum: Personal Finance (Not Investing)
Topic: Switching to HSA health plan in middle of 2018 - can I open an HSA now?
Replies: 6
Views: 696

Re: Switching to HSA health plan in middle of 2018 - can I open an HSA now?

You can open an HSA. You just can't fund it or do anything else with it until you're covered by the HDHP. Wait until your coverage changes, there's no hurry.
by financeidiot
Sun Oct 29, 2017 9:35 am
Forum: Investing - Help with Personal Investments
Topic: HSA Investment Options/Strategy
Replies: 7
Views: 939

Re: HSA Investment Options/Strategy

Yes, I am maxing my HSA contributions and my emergency fund is definitely large enough to cover my deductible without me touching the HSA. So I could use it exclusively as a retirement account if I wanted to. But I like the idea, since my company contributes $500, of that covering all my medical ex...
by financeidiot
Sun Oct 29, 2017 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Help, I've Over Contributed to my ROTH
Replies: 2
Views: 728

Re: Help, I've Over Contributed to my ROTH

Your Roth IRA custodian should be able to help you out if you call them. I'm sure this issue happens all the time. It'll be a pain this year, but you won't make the same mistake again. For the future, just leave yourself a little wiggle room at the end of the year as you finalize your income. There'...
by financeidiot
Tue Oct 24, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Moving back to active: Will Vanguard beat American Funds by 0.24%?
Replies: 6
Views: 1406

Re: Moving back to active: Will Vanguard beat American Funds by 0.24%?

If you believe in the active funds available, go ahead. Unfortunate that there's a penalty for passive investing. Seems like the 401k provider is acting in their own best interest rather than the interests of plan participants.