Search found 99 matches

by FootballFan5548
Tue Feb 13, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 109
Views: 7539

Re: What big item (>20k) are you saving up for?

athan wrote: ↑
Mon Feb 12, 2018 7:30 pm
Patio out back.
I'm doing the same... I have finished my last round of proposals and will pick between two contractors in the next few days. I'm budgeting about $30k total for new patio, firepit, some new landscaping, new grading, tree removal, etc.
by FootballFan5548
Mon Feb 12, 2018 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a home in 2018
Replies: 5
Views: 947

Re: Buying a home in 2018

If you plan to stay for 10 years or more... then buy the home and enjoy it. If you're looking for a quick flip, or might upsize to a 4br or larger in the near future, then continue renting. You need a place to live. Paying a mortgage + interest + property taxes can be comparable to rent... it's all ...
by FootballFan5548
Mon Feb 12, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: Do you think it is worth the money to travel to warm weather destinations during the winter?
Replies: 77
Views: 6246

Re: Do you think it is worth the money to travel to warm weather destinations during the winter?

I live in NJ. Winter's stink and I love the beach, so I was in Delray, FL for 3 nights last week for work with some clients. Next week, I'm bringing the family back down to Jupiter, FL for 4 nights of sun, beach, pool, outdoor happy hour, etc. We have 2 young kids and this will be the first time fly...
by FootballFan5548
Mon Feb 05, 2018 4:09 pm
Forum: Investing - Theory, News & General
Topic: Vanguard site is crashed now?
Replies: 188
Views: 14508

Re: Vanguard site is crashed now?

Very Very frustrating.... I know it would never happen, but Vanguard should honor the prices from close today for like the first 10 minutes tomorrow.

I had every intention of going in and buying VTSAX. Awful customer service.
by FootballFan5548
Mon Feb 05, 2018 3:27 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1261536

Re: U.S. stocks in freefall

I bought a few grand worth 0.2% of my portfolio on Friday after that dip... I'm about to jump in for another $2k.
by FootballFan5548
Mon Feb 05, 2018 11:22 am
Forum: Personal Finance (Not Investing)
Topic: New Payroll Withholding: Out of State NY / NJ
Replies: 13
Views: 742

Re: New Payroll Withholding: Out of State NY / NJ

NJ resident / NYC worker here as well. I get paid this Thursday so will check at that time.

Out of curiosity, with the paycheck after Feb 2. and new tax law did you notice a significant change in your federal tax withheld?
by FootballFan5548
Mon Feb 05, 2018 11:10 am
Forum: Personal Consumer Issues
Topic: For BHs who actually like cars - [what car do you drive every day?]
Replies: 260
Views: 14157

Re: For BHs who actually like cars - [what car do you drive every day?]

I drive a 2013 Acura RDX AWD with 63k miles on it every day. I live in NJ and work in NYC, so I just drive about 6 miles to my ferry commute. I could conceivably drive this thing forever as it gets the job done just fine. My wife drives a 2017 GMC Acadia Denali. Fits both kids, bought new in May 201...
by FootballFan5548
Mon Jan 29, 2018 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Automatic investing: once/month or twice/month?
Replies: 10
Views: 826

Re: Automatic investing: once/month or twice/month?

One thing to note is trade fees (if any). Before I found this site I was buying a Vanguard Mutual Fund in my Capital One 360 brokerage. It was set up on automatic investment, but I got charged $4 per trade. I had it set up for $500 two times per month.... after I realized I was getting hit $4 x's 2....
by FootballFan5548
Mon Jan 29, 2018 3:39 pm
Forum: Personal Consumer Issues
Topic: what do/did you do with your evenings with a Toddler in winters ?
Replies: 63
Views: 3892

Re: what do/did you do with your evenings with a Toddler in winters ?

I have a 3 year old (next week) and a 6 month old... we live in NJ and the month of January has been freezing cold, and the flu has been going around everywhere including pre-school. It's been a loooonngggg month of being inside. Luckily my wife, SAHM, was a former elementary school teacher, and is ...
by FootballFan5548
Thu Jan 25, 2018 12:13 pm
Forum: Personal Consumer Issues
Topic: Shiny spots on ceiling - what could they be?
Replies: 14
Views: 1282

Re: Shiny spots on ceiling - what could they be?

My guess, which was mentioned once, is that the new paint they applied on the drywall might be a different type/sheen. Whether it's eggshell, or semi-glossy, or glossy, or whatever, it could just not be an exact match with the older paint.
by FootballFan5548
Wed Jan 24, 2018 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall Investment Advice
Replies: 8
Views: 857

Re: Windfall Investment Advice

I'm guessing they are.... but are your 529's fully funded? If no, I'd get those set up.

Otherwise, my advice would be stick an AA you're comfortable with, don't do anything immediate once the money comes in, plug it into your AA, and go from there.
by FootballFan5548
Tue Jan 23, 2018 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Rule of 55 is it official?
Replies: 38
Views: 5254

Re: Rule of 55 is it official?

In my 401k, I currently have the majority of my money traditional, but I do have a small portion of the total amount (like 10%) that are Roth 401k. If I were to leave my job, or retire, would I be able to roll the 10% Roth portion into a Roth IRA, and the traditional (90%) portion into a traditional...
by FootballFan5548
Mon Jan 22, 2018 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Is Tax CPA really needed for Vanilla Investments ?
Replies: 25
Views: 1790

Re: Is Tax CPA really needed for Vanilla Investments ?

Does this software also handle backdoor ROTH conversions of of post-tax $? This is what I'm most concerned about. I always do my own taxes on turbotax. For year's it's been fairly straight forward... wages + investment income/interest - charitable - property taxes - mortgage interest = done. This y...
by FootballFan5548
Wed Jan 17, 2018 2:32 pm
Forum: Personal Consumer Issues
Topic: three/four season room addition
Replies: 4
Views: 370

Re: three/four season room addition

We bought a house with a 4 season room that was an addition. During the open houses and viewing of the house we thought it was a very nice selling point that would get a lot of use... we've probably used it 10 times total in the past 18 months, and only for dinners on nice days. It's regularly close...
by FootballFan5548
Fri Jan 12, 2018 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Getting your spouse on the same page
Replies: 53
Views: 5149

Re: Getting your spouse on the same page

My wife is a SAHM. She has a lot of free time and the Amazon app... it's torture. Worst of all, she doesn't even have access to our joint credit card. For some reason Bank of America can't add her for mobile access since she was never signed on in the beginning. She spends and spends... in her defen...
by FootballFan5548
Fri Jan 12, 2018 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Roth 401 vs traditional 401
Replies: 3
Views: 290

Re: Roth 401 vs traditional 401

I have the option to do both, or either. I usually end up with about 8% per paycheck in Traditional 401k, and 2% per paycheck in Roth 401k. There is no real rhyme or reason to this, but I like seeing both balances grow, and years down the road will be able to pull from a pot of money that's growing ...
by FootballFan5548
Tue Jan 09, 2018 2:44 pm
Forum: Personal Consumer Issues
Topic: Anyone disenchanted with retirement?
Replies: 184
Views: 20094

Re: Anyone disenchanted with retirement?

I'm 34, have a 3 year old, and a 1 year old, and obviously a very long way to go.... but

I.... CAN.... NOT..... WAIT!

I dont' want to wish away my life. And my job is certainly not overly hard or complex, it's actually a great gig.... but I can't wait to have freedom.
by FootballFan5548
Wed Jan 03, 2018 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Two-comma club just in time for the New Year, and thank you
Replies: 47
Views: 4819

Re: Two-comma club just in time for the New Year, and thank you

Just today, (thanks Bull market) we passed $900k liquid investments. My wife (SAHM) and I are 34. We own a house with about 250k of equity, but we don't count that. I can't wait to hit that 2 comma club in liquid assets. I'm hoping this bull runs for another year and with about $60k of savings we sh...
by FootballFan5548
Tue Jan 02, 2018 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Max It Out Tomorrow [your IRA]
Replies: 164
Views: 17963

Re: Max It Out Tomorrow [your IRA]

I just dumped $5,500 each for my wife and I into our TIRA's. Will wait a few days and then backdoor Roth both of them.
by FootballFan5548
Tue Jan 02, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: My 2017 Budget
Replies: 35
Views: 4074

Re: My 2017 Budget

Yikes... this is depressing!

In my VHCOL area, I pay over $62k in just Mortgage P&I/ Property Taxes/ Homeowners Insurance.

Factor in food, life insurance, utilities for my family of 4... I'm doing my absolute best to keep my total expenses below $100k for 2018.
by FootballFan5548
Thu Dec 28, 2017 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Is Roth IRA conversion easy with Vanguard?
Replies: 26
Views: 1993

Re: Is Roth IRA conversion easy with Vanguard?

I've slowly been transitioning some funds over to Vanguard. I performed my first ever ROTH IRA conversion this year using Capital One. I opened a traditional IRA, funded it to $5,500, opened a ROTH IRA, and performed the conversion. It was a little bit of a pain, you had to fill out a form, and mai...
by FootballFan5548
Thu Dec 28, 2017 10:20 am
Forum: Investing - Help with Personal Investments
Topic: General question on college savings
Replies: 60
Views: 2602

Re: General question on college savings

Personally I use the Vanguard Growth Portfolio in both of my kid's 529's which uses a pretty straight forward 75/25 AA.

It's close enough to my overall AA which is around 78/22.
by FootballFan5548
Thu Dec 28, 2017 9:58 am
Forum: Investing - Help with Personal Investments
Topic: General question on college savings
Replies: 60
Views: 2602

Re: General question on college savings

I don't see the harm in opening a 529 for your daughter and just throwing a couple of hundred bucks into it each month. It grows tax free, and you'd get a tax break in your state.
by FootballFan5548
Wed Dec 27, 2017 4:00 pm
Forum: Investing - Help with Personal Investments
Topic: Is Roth IRA conversion easy with Vanguard?
Replies: 26
Views: 1993

Re: Is Roth IRA conversion easy with Vanguard?

Great, thank you very much. I'll just roll over my existing ROTH IRA to Vanguard from Cap One. I will open up a new T-IRA at Vanguard, and fund that for the conversion in January.
by FootballFan5548
Wed Dec 27, 2017 3:47 pm
Forum: Investing - Help with Personal Investments
Topic: Is Roth IRA conversion easy with Vanguard?
Replies: 26
Views: 1993

Is Roth IRA conversion easy with Vanguard?

Long story short, I have most of my funds (non 401k) at Capital One. I've slowly been transitioning some funds over to Vanguard. I performed my first ever ROTH IRA conversion this year using Capital One. I opened a traditional IRA, funded it to $5,500, opened a ROTH IRA, and performed the conversion...
by FootballFan5548
Wed Dec 20, 2017 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Tax-planning - What to pay in '17 before it's too late?
Replies: 33
Views: 1869

Re: Tax-planning - What to pay in '17 before it's too late?

I'm planning on prepaying a portion of my 2018 property taxes before the end of the year to claim the deduction on my 2017 taxes. I did the same thing. My property taxes in NJ are about $17,500. I paid all four quarters of '17, and added the first first 2 quarters of '18. I'm hoping to deduct 26,25...
by FootballFan5548
Tue Dec 19, 2017 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: How much did you contribute to your 401k in 2017?
Replies: 155
Views: 10821

Re: How much did you contribute to your 401k in 2017?

18k + 15k employer match = $33k

Wife and I backdoor roth 5.5k each = $11k

34 year old
by FootballFan5548
Tue Dec 12, 2017 9:47 am
Forum: Investing - Help with Personal Investments
Topic: Play money individual stocks, which ones?
Replies: 49
Views: 3143

Re: Play money individual stocks, which ones?

I own 15 individual equities which make up 14% of my total portfolio. Mainly blue chip dividend payers that I've held for years before I became a BH convert. This number was as high as 30 at one point, but I've been pairing the overall number down. They are: Ticker Stocks AAPL Apple JNJ Johnson & Jo...
by FootballFan5548
Mon Dec 11, 2017 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 92
Views: 11695

Re: 2018 financial goals - what are yours?

I'm excited for 2018. I just found this site and started following some of these principals in about May of 2017.. so for the past 6+ months I've been shifting things around to increase simplicity and focus. Now, for the first time, I can start a year off in January with a goal and a plan... to real...
by FootballFan5548
Tue Dec 05, 2017 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Pre-Pay Property Taxes in 2017?
Replies: 24
Views: 3100

Pre-Pay Property Taxes in 2017?

I'm 34, Married file jointly with two kids. My wife is a SAHM. We live in a very HCOL, with very high property taxes (NJ). 2017 will be my largest earning year ever due to my company getting acquired and a large one time payout on RSU's and company stock options. Let's say in a typical year my gross...
by FootballFan5548
Mon Dec 04, 2017 12:43 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5576
Views: 1261536

Re: U.S. stocks in freefall

I just wanted to wish all the buy & hold investors HAPPY QUADRUPLE DAY! The S&P 500 index hit a great recession low of 666 in 2009. Earlier today, it exceeded 2665. Simple math (and I'm not even including dividends). 8-) I plan to sell 1% equities today if it is above 2662 at 3:50PM. And buy what?
by FootballFan5548
Tue Nov 28, 2017 4:08 pm
Forum: Personal Consumer Issues
Topic: new dehumidifier?
Replies: 9
Views: 638

Re: new dehumidifier?

I am on my second Frigidaire, 70 pint unit. I believe that they have a 5 year warranty...when my last one stopped working I called and they authorized a replacement immediately, no questions asked. Even though the first failed, I was so impressed with their customer service that I would recommend t...
by FootballFan5548
Wed Nov 08, 2017 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 150
Views: 14291

Re: How old are you and how much do you save for retirement a year

I'm 34 like OP. 401k - $33,000 annually - $18,000 + (6% employer match ~$15k) Backdoor Roth - $11,000 Taxable - $36,000 Total Retirement Savings - $80,000 529's x 2 = $15,000 - $7,500/kid Total Savings = $95k / year. Total Gross Income = $265k or so (varies a bit) My wife is a SAHM - I stress out ab...
by FootballFan5548
Wed Nov 01, 2017 11:14 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard "Admiral Shares" Question
Replies: 3
Views: 718

Vanguard "Admiral Shares" Question

I currently have roughly $7,500 in Vanguard Total International Stock Fund Index Shares. The threshold to get to Admiral is $10K. I'm about to add $2,500 to this investment to get it to the $10k Admiral share class, as this is my only current holding (VTSAX, VTMFX) that is not Admiral. My question -...
by FootballFan5548
Mon Oct 16, 2017 3:21 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 171
Views: 17359

Re: How does everyone keep track of your portfolio?

I track my asset allocation using Personal Capital, and I track my account balances and net worth with Excel. I do the same. My only complaint (very minor and nitpicking) with Personal Capital is the "Alternatives" allocation. I wish they would just show stocks/bonds/cash. The alternatives throws m...
by FootballFan5548
Mon Oct 16, 2017 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Bonus pushed back - should I be annoyed?
Replies: 43
Views: 3574

Re: Bonus pushed back - should I be annoyed?

Same happened to us a few years back. Bonuses used to be paid in late January. Then one year they got moved to mid-February, and now they're paid out in 2nd week of March. It stunk then, but it only really stinks for the one year, after that it's still paid out every 12 months no matter how you look...
by FootballFan5548
Thu Oct 12, 2017 1:06 pm
Forum: Personal Consumer Issues
Topic: SUV options with 3 little kids
Replies: 57
Views: 4030

Re: SUV options with 3 little kids

I rented a compact car back in August and they were all out of them. So, they gave me a nicely loaded SLT Acadia V-6. What an excellent riding car! Very comfortable, roomy, powerful engine, quiet. If I ever need a 3 row car, I'll probably buy one. They also reduced the size a bit from prior models....
by FootballFan5548
Thu Aug 17, 2017 12:52 pm
Forum: Personal Consumer Issues
Topic: Is it worth it? [demanding jobs vs time with family]
Replies: 182
Views: 13835

Re: Is it worth it? [demanding jobs vs time with family]

My wife and I were both working when we got married. After we had kids, my wife became a SAHM. It has been well worth it despite the fact that we could be making more $$. Time spent with the kids is priceless :beer They grow up in the blink of an eye! Consider this well known song: My child arrived...
by FootballFan5548
Fri Aug 11, 2017 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Buying Vanguard Mutual Funds Through Capital One Investing?
Replies: 5
Views: 680

Re: Buying Vanguard Mutual Funds Through Capital One Investing?

I do it this way. I started investing at CapOne long before I found this site and so have just kept everything there. Trade fees for mutual funds at CapOne are 19.95. Pretty steep. ETF trades cost 6.95. I just don't want to deal with cap gains in selling and transferring to Vanguard brokerage (which...
by FootballFan5548
Mon Aug 07, 2017 2:08 pm
Forum: Investing - Help with Personal Investments
Topic: Cap One Money Market 1.1% - any need for CD's?
Replies: 4
Views: 533

Cap One Money Market 1.1% - any need for CD's?

I've got north of $100k I use for an emergency fund (and other) sitting in Capital One 360 MM. The current interest rate is 1.1% or roughly $1,100 annually. I have no immediate use for this money, it's an emergency fund, that if anything I might draw down from (by 25% or so) and add to my holding in...
by FootballFan5548
Fri Aug 04, 2017 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401(K)
Replies: 24
Views: 2093

Re: Roth 401(K)

I'm only 34, and max my 401k up to 18k as I'm allowed. Company match is 6% of my salary+bonus. My breakdown is roughly 16k traditional 401k, and 2k Roth 401k. Don't ask why I do it this way... but over the past several years I've been doing it, and as my 401k balance grows it feels good knowing I'll...
by FootballFan5548
Fri Aug 04, 2017 11:45 am
Forum: Investing - Help with Personal Investments
Topic: Stock Options and Awards
Replies: 9
Views: 692

Re: Stock Options and Awards

I know the Boglehead mentality, but I just can't agree with it in this scenario because I think every situation is truly different. I work for a publicly traded company, considered one of the best in it's industry class and a prime target of acquisition. I had loads of options, and vested/unvested R...
by FootballFan5548
Thu Aug 03, 2017 3:43 pm
Forum: Investing - Help with Personal Investments
Topic: 85/15 too aggressive at age 35?
Replies: 104
Views: 11717

Re: 85/15 too aggressive at age 35?

My wife and I are 34, and have nearly $800k invested. We felt comfortable at 80/20 and were happily sitting at that level.... until I realized I have $200k in cash not invested (from sale of company stock)... so all the while I was so focused on 80/20 AA for invested funds, I never considered I've r...
by FootballFan5548
Tue Aug 01, 2017 3:34 pm
Forum: Personal Consumer Issues
Topic: Your "at peace" moments.
Replies: 98
Views: 12411

Re: Your "at peace" moments.

parsi1 wrote:Gardening and pulling weeds from the yard
Are you free this weekend? I can give you my address!
:happy
by FootballFan5548
Tue Aug 01, 2017 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market vs. Savings Accounts
Replies: 78
Views: 14661

Re: Vanguard Money Market vs. Savings Accounts

I use Cap360 Money Market. 1.10 on balances over 10k :happy I use the same thing and have roughly $100k parked here. If I don't have a short term need for this money, but want to keep it in cash for some other reasons, is there any reason to use a CD, or should I just keep it with Cap360? At a 1.10...
by FootballFan5548
Mon Jul 31, 2017 10:44 am
Forum: Personal Consumer Issues
Topic: Your "at peace" moments.
Replies: 98
Views: 12411

Re: Your "at peace" moments.

There is no place on earth I'd rather be, than on my couch with my 2 year old daughter on my lap while she's drinking her bottle of milk before bed. It's just about the only time of the day she's still, and will sit there for 20mins and let me cuddle her. It's not alone time.... but I wouldn't trade...
by FootballFan5548
Thu Jul 27, 2017 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Where to build up equities? VTI/SPY/VT/other
Replies: 2
Views: 273

Where to build up equities? VTI/SPY/VT/other

I've got cash to deploy and want to set up an automated monthly contribution to continue increasing my equity stake. I've got nearly $700k invested in 401k, roth IRA, and taxable. My 401k and Roth IRA are maxed, so I can only contribute to taxable. (Note 60% of my 401k is in Black Rock S&P 500 Fund)...
by FootballFan5548
Tue Jul 25, 2017 9:28 am
Forum: Personal Consumer Issues
Topic: Golfers - need to ramp up ASAP!
Replies: 42
Views: 4223

Re: Golfers - need to ramp up ASAP!

Swing as fast as you can to make sure you really crush the ball, and be sure to pick your head up right away to watch the ball shooting through the air!

Head up, swing fast, what could possibly go wrong?
by FootballFan5548
Mon Jul 24, 2017 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Windfall - CD's or Bonds or follow AA question
Replies: 20
Views: 1141

Re: Investing Windfall - CD's or Bonds or follow AA question

However, if you can't bring yourself to do this than maybe pay off more of your mortgage. What is your loan rate, amount, and term? If you pay off your mortgage you can than dollar cost average back into the market with what you would have been paying towards your mortgage. This is likely sub-optim...
by FootballFan5548
Mon Jul 24, 2017 2:16 pm
Forum: Investing - Help with Personal Investments
Topic: Investing Windfall - CD's or Bonds or follow AA question
Replies: 20
Views: 1141

Investing Windfall - CD's or Bonds or follow AA question

My company was recently acquired and all my RSU's, options, and ESPP paid out all at once. This created a nice windfall ($250k+) event for me. (as a bonus, the payout all occurred two weeks ago on the day my son was born, so a truly great day in my life!). I've taken some of the windfall already and...