Search found 125 matches

by FootballFan5548
Wed May 23, 2018 9:40 am
Forum: Investing - Help with Personal Investments
Topic: Parents with pre-K kids and 529 target
Replies: 50
Views: 2692

Re: Parents with pre-K kids and 529 target

Oppenheimer has a very good college planning tool that spits out a report if you input data. It even lets you pick colleges and then it estimates the costs based on your child's current age. I have a 3 yr old daughter and a 1 yr old son. I've got about $33k in her 529 and about $22k in his. I'm addi...
by FootballFan5548
Tue May 08, 2018 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: VXUS ETF vs VTIAX MF difference today
Replies: 1
Views: 246

VXUS ETF vs VTIAX MF difference today

Can someone explain to me why Vanguard Total Intl ETF VXUS was up .26% today where as VTIAX Vanguard Totsl Intl mutual fund was only up .03% today?

I own both and noticed the discrepancy.
Thanks
by FootballFan5548
Tue May 01, 2018 8:26 am
Forum: Investing - Help with Personal Investments
Topic: How do you know when you have "won the game"?
Replies: 142
Views: 15288

Re: How do you know when you have "won the game"?

OP, I'm sure you're a very smart person based on your profession and success. One piece of advice I'd recommend, is over-insure your business against medical malpractice or other liabilities. I work in the commercial insurance business and have seen entire companies disintegrate due to a bad verdict...
by FootballFan5548
Fri Apr 27, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Capital One now at 1.60 [Money Market Rate To 1.60% APY]
Replies: 40
Views: 3163

Re: Capital One now at 1.60

Two years ago today I closed on a "jumbo" 30 year fixed mortgage at 3.25%. We still have some ways to go, but it's nice that my mortgage payment account (cap one MM) is now receiving roughly half the interest that I'm paying out. Every little bit helps.
by FootballFan5548
Mon Apr 23, 2018 10:22 am
Forum: Personal Consumer Issues
Topic: 2011 Acura RDX
Replies: 11
Views: 1058

Re: 2011 Acura RDX

I've got a 2013 (new model year compared to the 2011) bought new after Hurricane Sandy drowned our Acura TL. It has 64k miles on it and so far been great. There have been zero issues, I haven't even replaced the tires yet. Premium gas is a pain, and gas mileage isn't great... but overall a very soli...
by FootballFan5548
Fri Apr 20, 2018 2:17 pm
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 113
Views: 7572

Re: Do you buy new or used cars?

To OP, last year (exactly last year, April 30 we bought) we were in the same boat as you. We were between a 1 year old new model XC90 for $45k with 10,000 miles, or a brand new GMC Acadia Denali, with all the bells and whistles for $45k with no miles. We went back and forth and back and forth. She w...
by FootballFan5548
Fri Apr 20, 2018 8:56 am
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge "Money Account" Question
Replies: 17
Views: 1956

Re: Merrill Edge "Money Account" Question

Thanks for your reply. It's just weird, I had $1,280 in the "Money Account". I made a small purchase of VB, for $1,000. So now my cash balance is showing as -1,000 and my money account is still showing $1,280. I'm wondering instead, why it's not just the net of $280. Who knows, I just want to make s...
by FootballFan5548
Thu Apr 19, 2018 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: Estimating Future College Costs
Replies: 18
Views: 1410

Re: Estimating Future College Costs

I found this to be a great calculator tool. You can enter what you have saved now, what you plan to contribute and it spits out a cool little report.

http://www.archimedes.com/oppenheimer/efp.phtml
by FootballFan5548
Thu Apr 19, 2018 1:52 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Edge "Money Account" Question
Replies: 17
Views: 1956

Merrill Edge "Money Account" Question

I'm new to Merrill Edge after transferring from Capital One Brokerage which is closing later this year. I just transferred all of my taxable into Merrill, and after one trade, I had a small cash balance left over. I'm not familiar with Merrill Edge at all yet, but noticed there is a "cash balance" l...
by FootballFan5548
Mon Apr 16, 2018 11:18 am
Forum: Investing - Help with Personal Investments
Topic: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)
Replies: 22
Views: 1599

Re: From Vanguard To Merrill Edge (Should I transfer Mutual Funds to ETFs First?)

Just last Friday my entire transfer switched from CapOne to Merrill Edge. I also bank with BOA, so having the higher overall balance in Merrill Edge for the credit card cash back 75% bonus was nice. I was happy with CapOne but they are moving their brokerage ops to E-Trade. For years I've been payin...
by FootballFan5548
Fri Apr 13, 2018 1:34 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 12314

Re: Work Commute: How far is too far?

I live on the NJ Coast and commute by ferry to downtown NYC. It's an expensive, but pleasant commute. My drive is 10 mins to the ferry, 5 mins to park/walk to the boat, and then a 45 min boat ride, followed by a 5 min walk to the office.... so all in, each way every day is 1:05-1:15. It's long, but ...
by FootballFan5548
Tue Apr 10, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: How do you estimate your home's market value?
Replies: 53
Views: 3553

Re: How do you estimate your home's market value?

I closed on my house 2 years ago today. For my Personal Capital Net Worth tab, I just use the exact amount I paid for it, and link to my mortgage amount so I can see the "equity" increase every month. I figure 2 years ago, sure there have been some changes, but I know exactly what it was worth 2 yea...
by FootballFan5548
Mon Apr 09, 2018 11:48 am
Forum: Personal Finance (Not Investing)
Topic: Your Monthly Cost of Living
Replies: 66
Views: 7055

Re: Your Monthly Cost of Living

HCOL - NJ commuting to NYC Married, wife SAHM, 3 year old and 9 month old House - Mortgage + Taxes = $4,900 per month Commute = $650 per month (ferry to NYC) Utilities = $500 per month Groceries = $400 per month Restaurants/Entertainment - $500 per month Insurance Life/P&C - $900 per month Other - $...
by FootballFan5548
Wed Mar 28, 2018 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Exit / Bonus Farming plan... what can go wrong?
Replies: 34
Views: 2931

Re: Vanguard Exit / Bonus Farming plan... what can go wrong?

CapitalOne Investing is shutting down and switching everything to E-Trade. I switched my CapOne to Merrill Edge for my taxable (I have Vanguard also) and collected a $600 bonus. So that was nice.
by FootballFan5548
Tue Mar 27, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Online Savings Account Reservations???
Replies: 23
Views: 3458

Re: Online Savings Account Reservations???

You can use Vanguard Money Market and have ability to buy a little on down days... :shock: Yield is climbing steadily, and you can set up checkwriting. I'm having a hard time finding the Vanguard MM rate on their website. I have a brokerage account with Vanguard but always transfer money from an ou...
by FootballFan5548
Mon Mar 26, 2018 1:15 pm
Forum: Investing - Help with Personal Investments
Topic: TLH - Across Brokerages
Replies: 2
Views: 170

TLH - Across Brokerages

If I want to TLH an ETF, do wash sales track across different brokerages? In this case, I have a short-term loss of $1k in CapOne. If I were to sell an ETF with a short term gain of $1K, I'd arrive at $0 in gain/loss. If I buy that same ETF a few days later in Vanguard, does it trigger a wash sale, ...
by FootballFan5548
Fri Mar 16, 2018 2:30 pm
Forum: Personal Finance (Not Investing)
Topic: New job transition and pregnant - when to inform employer?
Replies: 30
Views: 2585

Re: New job transition and pregnant - when to inform employer?

Congrats! I hired a woman on my team back in 2012. We interviewed her, she was great and very qualified, we hired her and she started work. About 2 months later, she had a solid bump, and let us know she was expecting. Of course we were thrilled for her, and she worked up until about a week before h...
by FootballFan5548
Fri Mar 16, 2018 10:13 am
Forum: Personal Consumer Issues
Topic: Suburban Northern NJ Home Ownership Costs
Replies: 14
Views: 845

Re: Suburban Northern NJ Home Ownership Costs

I lived in Hoboken for 13 years (owned a condo on Jefferson St.) and had our first child there. We just (18 months ago) bought a house in Monmouth County, NJ, near Red Bank area. Purchase price was in that $1M range you mentioned. The reason for this post, is to warn you of potential money-pit scena...
by FootballFan5548
Thu Mar 15, 2018 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Capital One Investing Changing to E-Trade - Anyone Moving?
Replies: 4
Views: 1546

Re: Capital One Investing Changing to E-Trade - Anyone Moving?

A few follow up questions on this... 1.) Does anyone know the anticipated date of the move? All I've heard is "later this year" 2.) If I were to "transfer in kind" my accounts from Capital One to Vanguard, or another brokerage, this is not a capital gain/loss taxable event correct? I would just end ...
by FootballFan5548
Mon Mar 12, 2018 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Investor vs Admiral Shares
Replies: 14
Views: 1791

Re: Investor vs Admiral Shares

I just did this last month with Vanguard Total International Fund. I was pleasantly surprised at how easy and quick the change took place.

Good Work!
by FootballFan5548
Fri Mar 09, 2018 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Capital One Investing Changing to E-Trade - Anyone Moving?
Replies: 4
Views: 1546

Capital One Investing Changing to E-Trade - Anyone Moving?

Capital One Investing is changing to E-Trade later this year. I have had a long term brokerage account with CapOne going back to their ING days. I keep Checking/Savings/MM at CapOne360, and a Brokerage Account and Roth IRA (backdoor conversions annually) with them. First question I'm not clear on - ...
by FootballFan5548
Tue Mar 06, 2018 5:06 pm
Forum: Personal Consumer Issues
Topic: Whole House Natural Gas Generator
Replies: 110
Views: 6741

Re: Whole House Natural Gas Generator

Out of curiosity, are you in the Poconos/NE PA? Yes... - Ron I was just in Kalihari Water Park in the Poconos this past Friday during the big storm. The drive on 611, 80, and 380 was as intense and scary as anything I've ever done. Absolute white out conditions, trucks jackknifing and cars stalling...
by FootballFan5548
Tue Mar 06, 2018 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: ESPP - Merill Lynch Cost Basis Tax issue
Replies: 9
Views: 570

Re: ESPP - Merill Lynch Cost Basis Tax issue

The $10,400 is just $400 per pay period multiplied by 26 pay periods to get $10,400. So that's the amount I paid in out of my paycheck. That's why I was wondering if that should be my basis.

Thanks for the help... I'm hopeful I can get this resolved.
by FootballFan5548
Tue Mar 06, 2018 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: ESPP - Merill Lynch Cost Basis Tax issue
Replies: 9
Views: 570

Re: ESPP - Merill Lynch Cost Basis Tax issue

There were not any 2017 investments since we found out at the end of 2016 we were going to be acquired, so the last official "buy" was 12/31/16. My HR was able to find all of my memos showing my biannual contributions for each year I was enrolled. For instance, January - June 2013 I bought 66 shares...
by FootballFan5548
Tue Mar 06, 2018 2:06 pm
Forum: Personal Finance (Not Investing)
Topic: ESPP - Merill Lynch Cost Basis Tax issue
Replies: 9
Views: 570

ESPP - Merill Lynch Cost Basis Tax issue

Since 2011 I had been buying into my company's ESPP. We get a 15% discount, I believed in my company, (and I wasn't a Boglehead back then) so I kept on buying in.... It paid off very well for me, as in July 2017 we got acquired for a significant premium over book value and all of my existing ESPP ho...
by FootballFan5548
Mon Feb 26, 2018 1:48 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 12314

Re: How Far is too Far, Commuting?

I currently live outside of NYC in NJ. I happen to live less than a quarter mile from my office, so I currently walk as long as it's above freezing outside. However, many, if not most, of my friends work in NYC. We're lucky that we have a ferry that cuts the ride down to 50 minutes one way if you w...
by FootballFan5548
Tue Feb 13, 2018 12:35 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 159
Views: 13523

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: 1155

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: 6861

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: 15687

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: 6550
Views: 1406933

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: 794

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: 280
Views: 18099

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: 995

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: 4305

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: 1438

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: 936

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: 5492

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: 31
Views: 2572

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: 412

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: 5424

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: 326

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: 21096

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: 5089

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: 165
Views: 18824

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: 36
Views: 4726

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: 2501

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: 2893

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: 2893

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: 2501

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.