Search found 196 matches

by marti038
Tue Jun 30, 2020 10:44 am
Forum: Personal Finance (Not Investing)
Topic: What is the best financial decision you ever made?
Replies: 193
Views: 13805

Re: What is the best financial decision you ever made?

1) my marriage (not because I married a rich woman or anything; just someone who shares my philosophy for work, saving, giving, etc.) 2) taking advantage of opportunities to learn new things (not necessarily formal education) 3) starting to save as soon as I could even if it didn't seem like much at...
by marti038
Sat Jun 20, 2020 7:27 am
Forum: Personal Finance (Not Investing)
Topic: House not appraising to sale price
Replies: 41
Views: 4960

Re: House not apprising to sale price

This happened to us when we were buying our current house. We forced the sellers to lower their price to the appraised amount (about another $7,000 so nothing earth shattering). My point to them was if I try to turn around and sell the house later I'm going to have the same issues with appraisal and...
by marti038
Thu Jun 18, 2020 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Cadillac health insurance or HDHP with HSA?
Replies: 9
Views: 712

Re: Cadillac health insurance or HDHP with HSA?

I've had our family (2 adults, 2 kids' 39, 37, 8, & 5) in an HSA for 6 years now. It is the better value for us, but we have enjoyed relatively good health as well. FWIW, my employer contributes about $2000/yr directly to the HSA, but neither the "Cadillac" or HDHP are free. My usual answer on this ...
by marti038
Tue Jun 09, 2020 2:57 pm
Forum: Personal Investments
Topic: percentage of portfolio in Roth?
Replies: 72
Views: 3536

Re: percentage of portfolio in Roth?

We currently have about 58% of our portfolio in Roth's. I would do 100% if I could because I feel that income taxes will be increasing significantly between now and when I retire. Here's hoping I'm wrong. Initially, I also liked that our contributions could be withdrawn without penalty which made th...
by marti038
Tue Jun 09, 2020 9:06 am
Forum: Personal Finance (Not Investing)
Topic: [Finally Maxing 401K, Now What?]
Replies: 20
Views: 1112

Re: FINALLY MAXING 401K, NOW WHAT?

I'd go with the backdoor roth for sure, especially if you don't already have a traditional IRA.

If you have kids, you might consider a 529 if you're not already doing that.

Other thought was to either refi or begin paying off the mortgage.
by marti038
Mon Jun 08, 2020 2:17 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3074
Views: 536620

Re: What are you up YTD? [Year To Date]

Up 9.8% as of this morning. That is interesting, as the market is still down from peak Feb values. What actions did you take, and/or what is unique in your portfolio to achieve this? Mostly luck. I sold a mid-cap mutual fund in mid February that I wasn't very happy with. I did so knowing that there...
by marti038
Wed Jun 03, 2020 9:14 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3074
Views: 536620

Re: What are you up YTD? [Year To Date]

Up 9.8% as of this morning.
by marti038
Tue Jun 02, 2020 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: is a shorter commute worth the extra cost?
Replies: 30
Views: 1741

Re: is a shorter commute worth the extra cost?

Personally, I would pay to get as close as I could afford. I did live 1.4 miles from my office. Now it's in my house, but I still don't regret buying where we did even if it only saved commute time for a few years.
by marti038
Tue Jun 02, 2020 1:48 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1617
Views: 409805

Re: Share your net worth progression

Below includes house equity (currently $1.1M). DW and I both 51. 1996: -$40,000 1997: -$50,000 1998: -$30,000 1999: $100,000 2000: $120,000 2001: $190,000 2002: $290,000 2003: $340,000 2004: $390,000 2005: $980,000 2006: $1,150,000 2007: $1,320,000 2008: $1,130,000 2009: $1,630,000 2010: $1,690,000...
by marti038
Mon Jun 01, 2020 8:52 am
Forum: Personal Finance (Not Investing)
Topic: Advice for Potential Relocation to West Palm Beach
Replies: 18
Views: 1335

Re: Advice for Potential Relocation to West Palm Beach

I worked there for about 10 months in 2010. The heat was more tolerable there than it was in my home town of Birmingham. The temps actually dipped into the 20s a time or two when I was there and I thought the locals might lose their minds. As far as costs go, I suspect homeowner's insurance would be...
by marti038
Fri May 22, 2020 10:12 am
Forum: Personal Consumer Issues
Topic: What to look for when buying a table saw?
Replies: 53
Views: 2799

Re: What to look for when buying a table saw?

You need a little HP to cut 3/4 plywood in my opinion. I wouldn't buy anything under 1.5HP and the wider the table, the better. A narrow top really limits the range of cuts you can make and makes it difficult to feed large pieces of wood through the saw without binding the material on the blade. Als...
by marti038
Mon May 11, 2020 1:59 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3074
Views: 536620

Re: What are you up YTD? [Year To Date]

I updated this morning and we are up 10.5% YTD; mostly due to holdings in MSFT and AMZN. We also had some fortunate timing with the sell of about 12% of our portfolio that was in a fund that we wanted to get away from. We rebought at a pretty good time when prices were pretty low. I was pleasantly s...
by marti038
Thu Apr 30, 2020 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Free Online MBA Worth It?
Replies: 22
Views: 1491

Re: Free Online MBA Worth It?

I would. I did mine before I had kids and I've never regretted it. My company paid for nearly all of it and the only other cost at the time was not getting to watch as much TV as my peers in the evenings. I don't know for certain, but I believe it has served as a bit of a differentiator in job inter...
by marti038
Mon Apr 27, 2020 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Do you expect your employer to change their stance on WFH after Coronavirus?
Replies: 99
Views: 6211

Re: Do you expect your employer to change their stance on WFH after Coronavirus?

They've already told us that they've seen an increase in productivity along with a decrease in costs. It doesn't sound like they're in a big rush to have us back as long as we keep the wheels turning. We've had limited opportunity to work from home for years, but you needed a reason like a sick kid ...
by marti038
Wed Apr 22, 2020 3:34 pm
Forum: Personal Investments
Topic: How are the "100% Stocks" people doing?
Replies: 137
Views: 11746

Re: How are the "100% Stocks" people doing?

Still at 100% stocks. I was up about 2% on the year when I checked over the weekend. Maybe right at zero now. I own a good bit of Amazon and Microsoft which has certainly helped.
by marti038
Tue Apr 21, 2020 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Stimulus check - Help?!
Replies: 17
Views: 2130

Re: Stimulus check - Help?!

FWIW, I get the same message. I think a lot of people do.

If you meet the requirements I wouldn't sweat it at this point.
by marti038
Tue Apr 21, 2020 8:36 am
Forum: Personal Consumer Issues
Topic: Renewal by Anderson window prices
Replies: 39
Views: 3705

Re: Renewal by Anderson window prices

We recently bought new sashes (not frames) for 21 windows in our house and paid about $12,000. The cost varies significantly based on materials and other options. I did the replacement myself. Each window took about 30 minutes and wasn't very difficult to do. Painting will take the most time. We had...
by marti038
Thu Apr 09, 2020 9:16 am
Forum: Investing - Theory, News & General
Topic: What percentage of your paycheck do you invest?
Replies: 268
Views: 16569

Re: What percentage of your paycheck do you invest?

15% of gross is our minimum. Sometime we do a little more depending on the year, although this has been more challenging since we had kids. We have stuck to the 15% rule since we started investing shortly after we were married in 2006. I'm 38, she's 36 and we're doing very well compared to our peers...
by marti038
Wed Mar 04, 2020 5:04 pm
Forum: Personal Investments
Topic: Backdoor Roth Strategies
Replies: 3
Views: 225

Re: Backdoor Roth Strategies

I would do just what you are proposing. Move both Trad IRA into your 401ks. You can do back door Roth and Mega Back Door Roth at the same time. $19,500 is the first batch. You can choose pre-tax or Roth or a mix. Match dollars do not count toward the first $19,500. If you both hit $19,500 and your ...
by marti038
Wed Mar 04, 2020 4:53 pm
Forum: Personal Investments
Topic: Backdoor Roth Strategies
Replies: 3
Views: 225

Backdoor Roth Strategies

My wife and I may be hitting the upper income limit for contributing to a roth IRA directly this year and I'm trying to think ahead about how we can utilize a backdoor roth contribution if I'm not able to find sufficient ways to lower our MAGI. We'll be maxing out the HSA already. We both have signi...
by marti038
Mon Mar 02, 2020 8:26 pm
Forum: Personal Investments
Topic: Am I a Market Timer?
Replies: 28
Views: 1535

Re: Am I a Market Timer?

If I choose to invest in my predetermined equity funds during the 4-5 apparent low points in the year, rather than investing during a certain predetermined time of every month, does that make me a market timer? Maybe, but who cares? It's your money. I do the same thing when we fully fund the roth a...
by marti038
Mon Mar 02, 2020 8:16 pm
Forum: Personal Investments
Topic: Grabiner, other high stock investors: 100% stocks at age 47?
Replies: 17
Views: 2858

Re: Grabiner, other high stock investors: 100% stocks at age 47?

Have you considered slowly working into a higher stock allocation? Maybe step it up slowly 70, 80, 90, 100 to see how you tolerate the higher risk? AA is really a personal decision.

FWIW, I'm 100% stocks at 38 years old. I've slept fine over the last couple of weeks, even with the dips.

Good luck.
by marti038
Fri Feb 28, 2020 3:14 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3074
Views: 536620

Re: What are you up YTD? [Year To Date]

-4.26% as of this morning, but I did some buying today so we'll see how that goes.
by marti038
Fri Feb 14, 2020 3:25 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3074
Views: 536620

Re: What are you up YTD? [Year To Date]

As of 12/13/20 + 12.6% 100% stock. I own some of GE, MSFT, AMZN, and Visa (V) which have all had a really good start to the year. I also have a sizable stake in ROKU which, up until their earnings call yesterday, was having an average start but should jump up a bit today. I think you mean 12/13/19 ...
by marti038
Fri Feb 14, 2020 3:21 pm
Forum: Personal Consumer Issues
Topic: How are you spending Valentine's day?
Replies: 64
Views: 3926

Re: How are you spending Valentine's day?

Taking my 5yo daughter to a father/daughter banquet that her ballet school is putting on. Coat & tie for the dads and we were even encouraged to buy corsages and boutonnieres. I don't think she's been to anything this "fancy" before, so it should be a lot of fun even if I have to wear the tie.
by marti038
Fri Feb 14, 2020 9:07 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3074
Views: 536620

Re: What are you up YTD? [Year To Date]

As of 12/13/20

+ 12.6%

100% stock. I own some of GE, MSFT, AMZN, and Visa (V) which have all had a really good start to the year. I also have a sizable stake in ROKU which, up until their earnings call yesterday, was having an average start but should jump up a bit today.
by marti038
Wed Feb 12, 2020 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Mint not refreshing Merrill Edge account in mint.
Replies: 2
Views: 281

Re: Mint not refreshing Merrill Edge account in mint.

I had the same issue with mint not updating my Vanguard accounts this morning. Not sure what the problem is as I was able to login directly without issue.
by marti038
Thu Jan 23, 2020 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of living for a retiree in Alabama
Replies: 49
Views: 3653

Re: Cost of living for a retiree in Alabama

Two things to think about if your main activity is walking. Alabama in the summer is hot and humid, and summer lasts a long time. I’ve read articles that blame the obesity problem in the deep South on the weather, and the fact that exercising outside most of the year is difficult. As opposed to exe...
by marti038
Thu Jan 23, 2020 9:58 am
Forum: Personal Finance (Not Investing)
Topic: $2 million at a young age
Replies: 78
Views: 8969

Re: $2 million at a young age

Lots of good advice above. The ones that stand out to me: - Pay off the credit card - Learn about money until you're comfortable with a plan that fits your needs - Use some of it to invest in yourself. You're not going to want to work part time forever. Pick a career and get an education to support ...
by marti038
Wed Jan 22, 2020 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of living for a retiree in Alabama
Replies: 49
Views: 3653

Re: Cost of living for a retiree in Alabama

Two things to think about if your main activity is walking. Alabama in the summer is hot and humid, and summer lasts a long time. I’ve read articles that blame the obesity problem in the deep South on the weather, and the fact that exercising outside most of the year is difficult. As opposed to exe...
by marti038
Tue Jan 21, 2020 4:29 pm
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1481
Views: 197557

Re: Post your Financial Milestone Announcements Here

DW & I reached the 2 comma club this morning (net worth)! I think I'll have an extra scoop of ice cream after dinner tonight to celebrate. I'm 38. She's 36. We started saving in 2007, not too long after we got married and paid off my student loans. Last year our investments almost made more than we ...
by marti038
Thu Jan 02, 2020 5:07 pm
Forum: Personal Finance (Not Investing)
Topic: How much were you able to save this year?
Replies: 142
Views: 11000

Re: How much were you able to save this year?

About 17%. We shoot for a minimum of 15%.

Very impressed by many of the savings rates in this thread. Way to go.
by marti038
Thu Jan 02, 2020 10:17 am
Forum: Personal Consumer Issues
Topic: tips for 7-day driving tour from Boston
Replies: 23
Views: 1622

Re: tips for 7-day driving tour from Boston

We will be leaving Boston Sept 5 for a driving tour to locations to be decided. We have never seen anything of this part of the world, aside from NYC. Initially, I thought we would roar up to Burlington VT, then Montreal, all the way over to Quebec City, down to Portland and back to Boston. Mapping...
by marti038
Thu Jan 02, 2020 9:33 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3074
Views: 536620

Re: What are you up YTD? [Year To Date]

41.9%, basically all in equities. Again, we own some ROKU which served as a swoon for us this year (and pulled things down a bit in 2018). Here's the last decade for us. 2010 - 17.39% 2011 - -2.09% 2012 - 9.16% 2013 - 10.91% 2014 - 7.27% 2015 - 0.87% 2016 - 8.48% 2017 - 25.29% 2018 - -5.88% 2019 - 4...
by marti038
Mon Dec 30, 2019 11:10 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3074
Views: 536620

Re: What are you up YTD? [Year To Date]

42.3% as of 12/29/19.

We bought some ROKU stock early this year that has done particularly well. This has boosted our gains quite a bit. Most of our assets are in VIGAX and VWIGX.
by marti038
Thu Dec 19, 2019 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Help with Home purchase--How much to put down
Replies: 18
Views: 960

Re: Help with Home purchase--How much to put down

15 years ago, I'd tell you to put as much down as you could afford. Now, after a few of life's storms and knowing that interest rates are as slow as they are, I'd say put 20% down, skip the points, and invest the cash if you already have an emergency fund. Liquidity has become more and more valuable...
by marti038
Thu Dec 12, 2019 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Those with USAA [who moved to Vanguard]
Replies: 29
Views: 2920

Re: Those with USAA [who moved to Vanguard]

I notice several on here have USAA. Those that left USAA and moved to Vanguard, what was your reasoning? Any issues doing this. For us it was the expense ratios in their funds and the cost to buy funds outside of USAA. I was buying Vanguard funds from my USAA brokerage account and thought, "why don...
by marti038
Wed Dec 11, 2019 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Sons-in-law or Daughters-in -law legacy gifts...
Replies: 31
Views: 3758

Re: Sons-in-law or Daughters-in -law legacy gifts...

When I was in my 20s my MIL mentioned off hand that her (and her husband's) goal was to leave each child and child-in-law at least $1M when they pass. At the time I thought, "Wow. That's a lot of money. I didn't realize they were doing THAT well." Fast forward 10 years or so and I really couldn't ca...
by marti038
Fri Dec 06, 2019 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Home renovation
Replies: 12
Views: 1075

Re: Home renovation

We had the same plan for our one story, 2300ish square foot house; add a 2nd story and about 1100 square feet bringing us up to 3400. We met with a few architects and hired the one who offered to do a preliminary, high-level plan that we could then bid out to contractors. The bids came back around $...
by marti038
Tue Nov 26, 2019 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford to let off the gas?
Replies: 22
Views: 3030

Re: Can I afford to let off the gas?

How old are you? How many kids and how old are they?

I'm 38 with two kiddos, 7 & 5. If I was wearing your shoes I would back off the hours, but that's just me.

Earlier post about backing off slowly to see if you like it also sounds pretty wise.

Good luck to you whatever you decide.
by marti038
Tue Nov 26, 2019 11:59 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3074
Views: 536620

Re: What are you up YTD? [Year To Date]

Checked again this morning. Now up 38% not including new contributions.

What a year.
by marti038
Fri Nov 22, 2019 4:34 pm
Forum: Investing - Theory, News & General
Topic: How much money do you need to create generational wealth?
Replies: 78
Views: 8807

Re: How much money do you need to create generational wealth?

Trick question.

It depends on how much they'll spend.
by marti038
Fri Nov 15, 2019 9:00 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3074
Views: 536620

Re: What are you up YTD? [Year To Date]

34.9% as of this morning, 100% in stock.

We bought some ROKU at a really good time which has proven to be a bit of a swoon for our portfolio this year.
by marti038
Wed Nov 06, 2019 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Best month to take RMDs?
Replies: 86
Views: 5043

Re: Best month to take RMDs?

If reinvesting, wouldn't it be most advantageous to pull them out in January so they can grow in a roth tax free for the rest of the year instead of growing more RMD's for next year in the account they're already in? Don't forget about Qualified Charitable Distributions. I don't have to worry about ...
by marti038
Tue Oct 29, 2019 10:18 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 3074
Views: 536620

Re: What are you up YTD? [Year To Date]

32.8% as of this morning (10/29/19).
by marti038
Tue Oct 29, 2019 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Expecting Kid #2 this year - Switch away from HDHP?
Replies: 4
Views: 470

Re: Expecting Kid #2 this year - Switch away from HDHP?

Looks like you've got it covered. If you're in generally good health, the HDHP's tend to come out ahead. I noticed that you're not on the HDHP. Is there a reason? seems like life would be easier (and if you're in good health, maybe cheaper) if you're all on one plan. I'm married with two kiddos (now...
by marti038
Thu Oct 17, 2019 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Legacy/Inheritance
Replies: 61
Views: 7209

Re: Legacy/Inheritance

If I were in your situation, I'd probably start by not telling them how much your estate has accumulated and begin transferring the money to them to see what they do with it. I don't know how old you are, but with kids in their 20s you've probably got some time to experiment and see how they handle ...
by marti038
Thu Sep 05, 2019 11:35 am
Forum: Personal Investments
Topic: Vanguard 529 (Nevada) vs. Alabama 529 (tax-deductible)
Replies: 7
Views: 678

Re: Vanguard 529 (Nevada) vs. Alabama 529 (tax-deductible)

For what it's worth, my wife and I had 529's set up in Utah when our kids were born because there wasn't a tax-deductible option in Alabama at the time. After CollegeCounts was created I did the math and transferred those funds to the Alabama plan. I have no regrets. Utah has a fine plan, but the de...
by marti038
Fri Aug 09, 2019 12:46 pm
Forum: Personal Consumer Issues
Topic: Critique my exercise routine because it's not working for me
Replies: 160
Views: 11365

Re: Critique my exercise routine because it's not working for me

If you want to lose weight you need to focus on what you eat. Working out helps, but really only in that it gives you more room to eat. Use myfitnesspal (or a similar tool) and keep up with what you eat accurately . If you want to eat more, work out more. Cardio is more efficient for calorie burn th...
by marti038
Wed Aug 07, 2019 10:10 am
Forum: Personal Investments
Topic: 401k or Roth401k?
Replies: 17
Views: 1530

Re: 401k or Roth401k?

It depends. I have the option in my 401k and I choose Roth. One thing to bear in mind is that your employer contributions will not be in the roth. They will be taxed upon withdrawal like a normal 401k. I only mention that because if your tax situation is sort of on the borderline between traditional...