Search found 130 matches

by multiham
Tue Feb 20, 2018 9:54 pm
Forum: Personal Consumer Issues
Topic: Trade my BMW?
Replies: 35
Views: 1540

Re: Trade my BMW?

I've had great experiences with 2 BMW's, so I don't understand the bashing. Not sure what you are trying to accomplish as you are looking to trade an SUV on either a passenger car (Camry) or another SUV (4-Runner). Do you need the space and functionality of an SUV or is a car ok? The 4-Runner will n...
by multiham
Wed Feb 07, 2018 9:00 am
Forum: Personal Consumer Issues
Topic: what to do with patent plaques and other work awards?
Replies: 45
Views: 2766

Re: what to do with patent plaques and other work awards?

Don't know your family situation, but I would keep a couple of them. My grandfather passed away when I was 5. I'm proud to own 2 things that got passed down from my grandfather to my father and than to me. One is a plaque from Western Electric when my grandfather retired. The second is his retiremen...
by multiham
Sun Feb 04, 2018 12:02 am
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 261
Views: 14413

Re: For BHs who actually like cars - what is your daily driver?

16 VW Golf R - AWD with snow tires in the winter :happy

Summer Tires rest of year and this car is a blast to drive. 4 door, easily fits 3 adults plus driver. Very stealth in Limestone Gray.
by multiham
Mon Jan 29, 2018 10:46 pm
Forum: Personal Consumer Issues
Topic: Buy a new car or not?
Replies: 34
Views: 2589

Re: Buy a new car or not?

Trade it at a dealer for a brand new, leftover 17 GTi. Not a lot of them left but they're out there and I still see them for under $20k. Yah....Golf R, GT-R, STi, WRX.....if you buy one used that hasn't been modified, you're quite lucky. I know in the Subaru community, owners are expert at "returni...
by multiham
Mon Jan 29, 2018 10:40 pm
Forum: Personal Consumer Issues
Topic: Buy a new car or not?
Replies: 34
Views: 2589

Re: Buy a new car or not?

Have you thought about re-programming it back to factory settings? That will take a lot of pressure off the key components of the car. Sounds like you want a new car, so I would just get it. Sounds like you can easily afford it, so get what you like. One word of caution is that you may have difficul...
by multiham
Sun Jan 28, 2018 8:55 am
Forum: Personal Consumer Issues
Topic: How to choose a college
Replies: 67
Views: 2681

Re: How to choose a college

My opinion of College Confidential is that about 50%+ of what you read is upset students/parents posting because they either didn't get accepted to a certain school or significantly inflating what scores/grades they received. I had to stop reading it with my son (Junior in High School) as we both co...
by multiham
Sat Jan 27, 2018 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: I don't think my lady is very good at saving money, how do I handle?
Replies: 50
Views: 3881

Re: I don't think my lady is very good at saving money, how do I handle?

If this bothers you now, I suggest ending the relationship. I can't imagine this will ever work as you will scrutinize every purchase she makes and she will say that you are being cheap. Unless you are really willing and ready to change your ways, this will not end well. I'm not saying either of you...
by multiham
Sun Jan 21, 2018 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Discussing a 529 with your kids
Replies: 79
Views: 5371

Re: Discussing a 529 with your kids

Sorry if I implied my son was looking at MIT. He is not. I was just using this as an example (must have been a poor choice). I know a few people in the aerospace industry and know that an MIT degree is really valued, had no clue it was a good philosophy school.
by multiham
Sun Jan 21, 2018 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Discussing a 529 with your kids
Replies: 79
Views: 5371

Re: Discussing a 529 with your kids

I have 1 child in high school and 1 in middle school. They both know exactly how much I am trying to save for them in the 529 plan. My oldest child understands that I'm saving a higher absolute amount for my youngest as she is 3 years behind him and costs will continue to increase. If everything wor...
by multiham
Sun Dec 31, 2017 2:16 pm
Forum: Personal Consumer Issues
Topic: Checked bag to HI, worth cost and trouble?
Replies: 36
Views: 2439

Re: Checked bag to HI, worth cost and trouble?

The last thing I want to do when I go on vacation is to go shopping at Wally World. I would rather be relaxing at the beach, sightseeing, or any other pleasurable activity than shopping. You asked if the checked bag is worth the cost and trouble. I think it is the total opposite. Are you willing to ...
by multiham
Sun Dec 31, 2017 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Should I use my high expense ratio PA 529 vs the cheaper vanguard (Nevada) plan for asset protection?
Replies: 5
Views: 329

Re: Should I use my high expense ratio PA 529 vs the cheaper vanguard (Nevada) plan for asset protection?

No one can answer this question but you. You have all the numbers you need to make the decision. Is the peace of mind worth more to you than $6,000? The fact that you even thought about the catastrophic example tells me your peace of mind may be worth more than $6,000.
by multiham
Wed Dec 27, 2017 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Another should i buy my dream porsche thread...
Replies: 240
Views: 11251

Re: Another should i buy my dream porsche thread...

Get the Porsche!! The only thing I would change about your plan is to do a more exhaustive search on exactly what model and year you want. Looking, searching forums, and test driving different examples is half the fun of the process. Make sure you get it optioned out just the way you want. Don't set...
by multiham
Tue Dec 26, 2017 11:44 pm
Forum: Personal Finance (Not Investing)
Topic: Miata as second car
Replies: 94
Views: 4024

Re: Miata as second car

Love the car and it is a blast to drive. Hopefully you have some roads around you that will let you experience the Miata's true strength which is its handling. I live in PA and have a friend who has a Miata, put snow tires on it, and it is an absolute beast with up to 4 to 5 inches of snow. After th...
by multiham
Tue Dec 26, 2017 11:50 am
Forum: Personal Consumer Issues
Topic: manual car for new teen driver
Replies: 143
Views: 6779

Re: manual car for new teen driver

As a parent of a 16 year old who just got their license last week, I'm not so sure about the benefits of starting on a manual transmission. Maybe my son is just overly cautious, but he is hesitant about making a right turn from a stop sign onto a 50mph road. He will wait until you can barely see any...
by multiham
Sun Dec 24, 2017 10:46 pm
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Present to You
Replies: 90
Views: 8446

Re: My Christmas Present to You

Dear Boglehead: Seventy-three years ago on Christmas Eve, during the Battle of the Bulge, I was a 20-year old scared paratrooper in a snow-covered foxhole protecting the important transportation town of Bastogne, Belgium. The Germans had us surrounded and demanded our surrender. Our commander said ...
by multiham
Sun Dec 24, 2017 11:33 am
Forum: Personal Finance (Not Investing)
Topic: car thread- too much money?
Replies: 85
Views: 7160

Re: car thread- too much money?

Buy the cars. You seem worried about being able to find reliable used cars. Since this is the case, just buy the new ones. Your income is fine, you already said your job is stable. Find some great financing and get the deal done. Please understand I'm a car guy who loves driving and doesn't believe ...
by multiham
Tue Dec 19, 2017 11:58 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford it: Dodge Challenger
Replies: 122
Views: 6691

Re: Can I afford it: Dodge Challenger

Get the car if it will make you happy. Drive the heck out of it. I’m over 50, and have a VW Golf R with 300 hp. It brings a smile to my face everyday on the way to and from work. I don’t drive fast, but I sure get up to the speed limit quickly! I laugh at people who think a sports car is a bad buy. ...
by multiham
Mon Dec 11, 2017 10:37 pm
Forum: Personal Consumer Issues
Topic: Snow Tires? Worth it?
Replies: 147
Views: 7078

Re: Snow Tires? Worth it?

They are worth every penny you pay for them. If they help you stop just a few feet shorter in an emergency, you will be happy you bought them. I went on Tire Rack and purchased winter tires (Michelin X-Ice) and rims. Go on the Tire Rack website and watch some of the videos. Tire Rack included the ba...
by multiham
Sun Nov 26, 2017 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Let Go by MegaCorp - Lots of options
Replies: 40
Views: 3684

Re: Let Go by MegaCorp - Lots of options

Including your home you have approx 4m in assets and an incredible pension around the corner. You can do anything you want and if it were me I'd go with option 2. Find some part time work possibly in a different field you've been interested and enjoy life. If you find yourself wanting to work more ...
by multiham
Sun Nov 26, 2017 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Let Go by MegaCorp - Lots of options
Replies: 40
Views: 3684

Re: Let Go by MegaCorp - Lots of options

Fair push back, I was giving perspective from my MegaCorp employer. They were very clear about the conditions around receiving severance. Violation of those signed agreements could have resulted in legal action against the former employee including potential loss of any unvested options or RSUs. De...
by multiham
Sun Nov 26, 2017 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Let Go by MegaCorp - Lots of options
Replies: 40
Views: 3684

Re: Let Go by MegaCorp - Lots of options

Assuming you would still get severance package with option 3, [/b] I would say that is a no-brainer if not to give you additional funding while looking for the perfect part time gig. With your pension and nest egg plus social security, I would be VERY tempted to retire and enjoy the last few years ...
by multiham
Sun Nov 26, 2017 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Let Go by MegaCorp - Lots of options
Replies: 40
Views: 3684

Let Go by MegaCorp - Lots of options

I always try to take emotions out of my decisions, but having difficult time right now. Situation My position was eliminated with the latest downsizing at the Megacorp I work for. Have worked at same company for 25+ years Last day is December 31 Age 52 Company has for the most part treated me right ...
by multiham
Sun Nov 26, 2017 11:33 am
Forum: Investing - Help with Personal Investments
Topic: Funded Roth and Now my MAGI is too high to qualify
Replies: 9
Views: 1305

Re: Funded Roth and Now my MAGI is too high to qualify

Was this the only holding in the Roth IRA? If not, then the converted value would be prorated across the entire Roth IRA (at the same custodian). For example if your $2000 contribution this year grew to $2200, and the Roth IRA grew from $10,000 to $13,000, then you would need to recharacterize $260...
by multiham
Sat Nov 25, 2017 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Funded Roth and Now my MAGI is too high to qualify
Replies: 9
Views: 1305

Re: Funded Roth and Now my MAGI is too high to qualify

As I mentioned in my earlier posts, here is a summary of what I did and a new questions I have 1. In May of this year, thinking my MAGI would be low enough to allow for a Roth Contribution, I put $2,000 into my Schwab Roth account which already had some investments in it from prior years. 2. With th...
by multiham
Sun Nov 19, 2017 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 108
Views: 13631

Re: The valet smashed my Tesla into a brick wall!

I'm so sorry to hear this. Unfortunately, I think you and your insurance company may need to go after the valet service and their insurance pretty hard. In many cases where people have supercars (and no I don't have one, I have a VW) or other expensive cars, you can insure it for an agreed upon valu...
by multiham
Sun Nov 05, 2017 7:28 pm
Forum: Investing - Help with Personal Investments
Topic: Funded Roth and Now my MAGI is too high to qualify
Replies: 9
Views: 1305

Re: Funded Roth and Now my MAGI is too high to qualify

Thank you! I will do this tomorrow.

Based on what I've read, I have not caused any taxable events (until I take money out of the TIRA once I'm 60+)
by multiham
Sun Nov 05, 2017 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Funded Roth and Now my MAGI is too high to qualify
Replies: 9
Views: 1305

Funded Roth and Now my MAGI is too high to qualify

Thought this was the year I could do a Roth contribution as our MAGI was going to allow us to qualify. Good news is my spouse started a new job that she really likes and pays well. Only downside, and its a small one, is that our MAGI is now too high to fund a Roth. Situation as follows: Contributed ...
by multiham
Sat Oct 28, 2017 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Can I retire today?
Replies: 132
Views: 8470

Re: Can I retire today?

Enjoy your retirement!! It doesn't sound like you will follow any of the suggestions to slow down or refuse to do work which I personally believe is the wrong way to act. Doing any of that just hurts the other people you work with. Just feel good knowing that your bosses taxes are helping pay for yo...
by multiham
Mon Oct 16, 2017 8:17 am
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 135
Views: 11741

Re: anyone else not liking the new cars?

Would love to see the opinions of the Toyota/Lexus grille based on age group and car enthusiast. My take is that the younger crowd will like the grille. I really like the look of the new Camry as I think they mad is sportier looking upfront. I'll jump in with 2 more opinions on some comments in thi...
by multiham
Sun Oct 15, 2017 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating Taxes
Replies: 8
Views: 835

Re: Estimating Taxes

Thank you, I will check out the spreadsheet. I created one myself, but I don't have 100% confidence in my Excel skills or my full understanding of the tax laws! If you are in AMT territory it gets awfully complicated. I would at least check it against the on-line tax calculators. JW Agree. Thats wh...
by multiham
Sun Oct 15, 2017 5:31 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating Taxes
Replies: 8
Views: 835

Re: Estimating Taxes

Thank you, I will check out the spreadsheet. I created one myself, but I don't have 100% confidence in my Excel skills or my full understanding of the tax laws!
by multiham
Sun Oct 15, 2017 4:28 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 8310

Re: What are you driving? And would you buy your current ride again?

2016 VW Golf R - 4 wheel drive, 4 doors with a real usable back seat, hatchback so I can carry items. Bought snow tires and it has no problem getting through the snow (6 inches or less because of clearance) because of the 4 wheel drive. Also, it has just about 300 hp so the car is sneaky quick and ...
by multiham
Sun Oct 15, 2017 4:12 pm
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 8310

Re: What are you driving? And would you buy your current ride again?

2016 VW Golf R - 4 wheel drive, 4 doors with a real usable back seat, hatchback so I can carry items. Bought snow tires and it has no problem getting through the snow (6 inches or less because of clearance) because of the 4 wheel drive. Also, it has just about 300 hp so the car is sneaky quick and f...
by multiham
Sun Oct 15, 2017 2:25 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating Taxes
Replies: 8
Views: 835

Re: Estimating Taxes

Thank you! I will give that a try. I'm sorry to say that I pay someone a small fee to do mine, so don't have access to the software they use. Doing it myself going forward as we sold our rental condo.
by multiham
Sun Oct 15, 2017 10:08 am
Forum: Personal Finance (Not Investing)
Topic: Estimating Taxes
Replies: 8
Views: 835

Estimating Taxes

I would like to run some scenario's for my 2018 taxes. I usually end up paying a small amount of AMT. I have some stock options that I need to exercise before 12/31/18 and want to know their impact if I exercise them (or part of them) this year vs. next year. What software or maybe a spreadsheet som...
by multiham
Sat Oct 14, 2017 12:43 pm
Forum: Personal Consumer Issues
Topic: anyone else not liking the new cars?
Replies: 135
Views: 11741

Re: anyone else not liking the new cars?

Would love to see the opinions of the Toyota/Lexus grille based on age group and car enthusiast. My take is that the younger crowd will like the grille. I really like the look of the new Camry as I think they mad is sportier looking upfront. I'll jump in with 2 more opinions on some comments in this...
by multiham
Sun Oct 08, 2017 9:58 am
Forum: Personal Consumer Issues
Topic: Spouse gets blowouts? [Hair care]
Replies: 47
Views: 2746

Re: Spouse gets blowouts?

I would suggest you live with it. It is a super small portion of your income and also of what you save. There are a lot of things my wife does that I don't understand, but they don't cost a lot, and they make her happy. If you say something, best case scenario is she is mad, worse case scenario is t...
by multiham
Fri Oct 06, 2017 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: Trying to convince my sister not to use a financial advisor
Replies: 59
Views: 4907

Re: Trying to convince my sister not to use a financial advisor

Sometimes people are just more comfortable dealing with someone they can meet and establish a relationship with versus a phone relationship and never getting to see that person. If that helps her sleep at night, than it is worth the $1,400 to her. IMHO, people in this forum tend to underestimate the...
by multiham
Sun Sep 10, 2017 9:02 am
Forum: Personal Finance (Not Investing)
Topic: Thinking about accepting new job that pays a bit less
Replies: 27
Views: 2608

Re: Thinking about accepting new job that pays a bit less

Do it! I often feel the same way you do and know the stress of travel/job are impacting my health (weight, etc). My spouse works part time and makes less than $10,000 a year so I can't afford to give up any of our income. Just make sure that the new position will give you the benefits (health, time,...
by multiham
Sun Aug 27, 2017 10:44 am
Forum: Investing - Help with Personal Investments
Topic: 401K Post Tax or Taxable Investment
Replies: 12
Views: 945

Re: 401K Post Tax or Taxable Investment

Thank you for all the help. The company I work for matches the first 6% of your contribution including post tax contributions after you have hit the $18,000 pre-tax limit. As long as I leave my contribution rate at 6%, I will receive the maximum match.
by multiham
Sat Aug 26, 2017 10:22 pm
Forum: Investing - Help with Personal Investments
Topic: 401K Post Tax or Taxable Investment
Replies: 12
Views: 945

Re: 401K Post Tax or Taxable Investment

I've read my employers savings plan documentation a few times today to see if any of your suggestions work, During my first reply to retiredjg, I said that my plan does not allow in-service distributions of the after tax amounts. Now I'm not so sure I'm right on that. I am going to call the administ...
by multiham
Sat Aug 26, 2017 10:50 am
Forum: Investing - Help with Personal Investments
Topic: 401K Post Tax or Taxable Investment
Replies: 12
Views: 945

Re: 401K Post Tax or Taxable Investment

If your plan allows you to do an in-service (while still working) distribution of the after-tax account, you could roll it to Roth IRA. Roth IRA is better than taxable. Many plans allow this. This is called the "mega back door". There are some long threads where this is discussed. Thank you for the...
by multiham
Sat Aug 26, 2017 9:40 am
Forum: Investing - Help with Personal Investments
Topic: 401K Post Tax or Taxable Investment
Replies: 12
Views: 945

401K Post Tax or Taxable Investment

Looking for some thoughts on whether to continue investing this year in megacorp 401K with after-tax dollars or switch to investing these funds in after tax investments. Age: 52 Married with 2 kids who are still in high school and middle school 401K balance - $1.5 million (65% equity, 35% fixed inco...
by multiham
Tue Aug 15, 2017 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: Kitchen Remodel Price/Contractor Dispute
Replies: 37
Views: 4364

Re: Kitchen Remodel Price/Contractor Dispute

I'm confused. Is there a contract that calls for a certain payment amount dependent on them completing all the conditions in the contract? I don't even pretend to understand the law (but I've watched my share of Judge Judy!), but if you have a signed contract for a specified amount, I believe you wi...
by multiham
Tue Aug 15, 2017 7:15 pm
Forum: Personal Consumer Issues
Topic: What kind of hotel do you get on business travel?
Replies: 44
Views: 3975

Re: What kind of hotel do you get on business travel?

Travel enough to be Platinum with Marriott. Usually stay at Residence Inn or Springhill Suites.
by multiham
Sun Aug 13, 2017 6:50 pm
Forum: Local Chapters and Bogleheads Community
Topic: Roll Call for the Retirement Class of 2018!
Replies: 95
Views: 12160

Re: Roll Call for the Retirement Class of 2018!

I am targeting June 2018 at age 53. I have already exceeded my number, having accumulated much more than I ever imagined I could, mostly, I believe, by LWBYM (LBYM with an exclamatory "way" thrown in). Disregarding tax liabilities, charity, and health insurance - an important consideration causing ...
by multiham
Sun Aug 13, 2017 10:44 am
Forum: Personal Consumer Issues
Topic: Toyota Camry Repair Priorities
Replies: 71
Views: 5132

Re: Toyota Camry Repair Priorities

I'm in a similar boat - 2001 Camry, 123,800 miles. Got an oil change last week and the auto shop told me the struts are worn and should be replaced. Estimate (parts and labor) for replacement and various other services - $1500! :shock: They're one of the most costly replacements. Well, I just spoke...
by multiham
Sat Aug 05, 2017 5:04 pm
Forum: Personal Consumer Issues
Topic: Manufacturers repairing/replacing out of warranty products for free
Replies: 15
Views: 1314

Re: Manufacturers repairing/replacing out of warranty products for free

I believe the days of manufacturers repairing/replacing out of warranty products for free are going to go away. By doing this, the brand is trying to build loyalty with the consumer. As more consumers move away from being brand loyal and move to whoever has the cheapest product, the incentive will g...
by multiham
Sat Aug 05, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: Losing confidence in Ally Bank - what would you do
Replies: 58
Views: 7755

Re: Losing confidence in Ally Bank - what would you do

I'm in the close the account (once resolved) and move on. I do give places a second chance if their customer service works with me and quickly (one phone call) resolves the issue. In this case, they basically said they can't tell you when you will have your money available. That to me is as scary as...
by multiham
Sun Jul 30, 2017 7:14 pm
Forum: Investing - Help with Personal Investments
Topic: Advice about Financial Planner
Replies: 8
Views: 1133

Re: Advice about Financial Planner

I would find another CFP who is a better fit for you. I interviewed a few before I settled on one and I do pay by the hour. Basically, we meet once a year to go over where I'm at, what my projections look like, talk a little about taxes, and generally give me a good feeling that I'm on track to meet...