Search found 38 matches
- Mon Dec 02, 2019 7:57 pm
- Forum: Investing - Theory, News & General
- Topic: [Dow] dropped 250 points today?
- Replies: 100
- Views: 7519
Re: S&P dropped 250 points today?
Sorry, I screwed up and meant the DOW. I still don't get all this, but YES I KNOW the stock market goes up and down, but the news said "in one of the worse losses since October" or something. I always love the "worst losses since _____" headlines! Often, the market goes way up after "worst" days. L...
- Thu Sep 19, 2019 8:24 pm
- Forum: Personal Finance (Not Investing)
- Topic: 2 weeks notice or No Notice ? save 3.5K or Reputation ?
- Replies: 135
- Views: 11402
Re: 2 weeks notice or No Notice ? save 3.5K or Reputation ?
While we cannot control the actions of others, we can hold our heads high knowing when we've done the right thing.
You know the right thing to do. Do that.
You know the right thing to do. Do that.
- Tue Jul 23, 2019 8:42 pm
- Forum: Personal Consumer Issues
- Topic: Best way to create a Lego Inventory
- Replies: 19
- Views: 1614
Re: Best way to create a Lego Inventory
You might like www.airtable.com. It's a cloud-based database that works a lot like a spreadsheet. You can attach photos and sort, filter, or link to your heart's content.
- Sat May 18, 2019 5:57 am
- Forum: Personal Finance (Not Investing)
- Topic: Very High Net Worth, elite private or “good” public
- Replies: 278
- Views: 19799
Re: High net worth, elite private or “good” public
Lots of very successful people did not attend elite schools. Many did not complete college.
A second thought is that the experience children receive at home has a mighty influence on their future. That experience may outweigh the experience they have in school. Or vice versa.
A second thought is that the experience children receive at home has a mighty influence on their future. That experience may outweigh the experience they have in school. Or vice versa.
- Thu Apr 25, 2019 3:10 pm
- Forum: Personal Consumer Issues
- Topic: Folding bikes: Go Brompton or cheaper?
- Replies: 27
- Views: 2226
Re: Folding bikes: Go Brompton or cheaper?
My wife and I recently purchased Bromptons. I have no experience with other brands of folding bikes, but no other folding bike we've seen in stores or on the street seem nearly as good. We are frequent travelers and plan to take our Bromptons with us everywhere. They also fit nicely in the backs of ...
- Sat Mar 30, 2019 6:23 am
- Forum: Personal Finance (Not Investing)
- Topic: Those of you with alot of money, how did you do it?
- Replies: 86
- Views: 13261
Re: Those of you with alot of money, how did you do it?
Followed my passion for teaching > graduated from college and grad school with no/little debt > started teaching > married a kind and supportive wife > started a side business as a workshop presenter and publishing ed materials > struggled like heck raising 5 kids for the first 20 or so years. The ...
- Tue Feb 26, 2019 9:31 pm
- Forum: Personal Finance (Not Investing)
- Topic: Mortgage vs Invest - Small Business Owner
- Replies: 8
- Views: 715
Re: Mortgage vs Invest - Small Business Owner
Nice to see so many entrepreneurs chiming in. I agree with others that business owners have unique considerations and, in many cases, we need more liquidity. I do keep my personal and business affairs completely separate, though, and try to keep my business liquidity in my business accounts. I'm abo...
- Sun Feb 10, 2019 7:53 am
- Forum: Personal Consumer Issues
- Topic: 3 year old tires installed (Sam's club). Should I do anything about this?
- Replies: 104
- Views: 9155
Re: 3 year old tires installed (Sam's club). Should I do anything about this?
Interesting - it's never occurred to me to check the manufacturing date of new tires. I happened to have a set replaced last week on an SUV I bought new in the summer of 2016. I had the original tires replaced because they were getting noisy, but they still had quite a bit of thread left. When I men...
- Wed Dec 12, 2018 7:36 pm
- Forum: Personal Finance (Not Investing)
- Topic: learning excel
- Replies: 21
- Views: 2238
Re: learning excel
+1!mancich wrote: ↑Wed Dec 12, 2018 2:39 pmI recommend ExcelisFun on YouTube. The teacher, Mike Girvin, has videos going back 8 or 9 years with topics from all the basics up to advanced tools. Very clear teaching style, and great for advanced users too, with topics like Power Query, Power Pivot, and Power BI.
- Thu Sep 20, 2018 3:35 am
- Forum: Investing - Theory, News & General
- Topic: Small business owners - sourcing commercial real estate lenders?
- Replies: 3
- Views: 462
Re: Small business owners - sourcing commercial real estate lenders?
Long-time entrepreneur here. I bought a commercial office building recently and negotiated seller-financing with favorable terms. During my due diligence period, I contacted a number of banks, including the one I've used for many years, a few regional banks, and a couple community banks. I was surpr...
- Wed Aug 29, 2018 8:43 pm
- Forum: Personal Consumer Issues
- Topic: Body language coach?
- Replies: 26
- Views: 3083
Re: Body language coach?
I second (third?) the Toastmaster's idea. Toastmasters is a GREAT way to get comfortable talking with others. And you'll probably make some new friends along the way!
- Wed Aug 15, 2018 3:14 am
- Forum: Personal Consumer Issues
- Topic: Sidewalk repair - price in line?
- Replies: 32
- Views: 2319
Re: Sidewalk repair - price in line?
I paid $2265 for 154 square feet of sidewalk repair a few months ago. The contractor dug out the damaged sections, built forms, poured the new sections, and removed the forms a few days later. No permit required in my area (suburban Atlanta).
- Sat Aug 04, 2018 8:17 am
- Forum: Personal Investments
- Topic: $100k Liquid, 21, no college education
- Replies: 25
- Views: 2671
Re: $100k Liquid, 21, no college education
Speaking as a community college dropout and entrepreneur of 20+ years, I agree with @student. If you figured out how to start and build a business, you don't need a college degree. You can continue to build the business you already have, you can build another business, you can consult, you can inves...
- Fri Jul 20, 2018 6:01 am
- Forum: Personal Investments
- Topic: BH- Need advise for 45 year old
- Replies: 22
- Views: 2233
Re: BH- Need advise for 45 year old
it never has to be all or nothing. Sell one property and see how that goes? +1 I like this idea. It reduces your risk, but keeps you invested in real estate with your remaining property. Also, if you choose to refinance your primary, you'd probably reduce your minimum payment and that will help wit...
- Tue Jul 17, 2018 10:30 am
- Forum: Personal Consumer Issues
- Topic: Trouble with Face ID on Vanguard App for iPhone X?
- Replies: 5
- Views: 1304
Re: Trouble with Face ID on Vanguard App for iPhone X?
I have the same issue with fingerprint ID my older iPhone. Works a couple of times then quits. I just use the password through my password manager. It’s not worth the hassle to keep re-loading the app and resetting things over and over. This is probably where I'm going to end up. A complication, ho...
- Tue Jul 17, 2018 10:27 am
- Forum: Personal Consumer Issues
- Topic: Trouble with Face ID on Vanguard App for iPhone X?
- Replies: 5
- Views: 1304
Re: Trouble with Face ID on Vanguard App for iPhone X?
do you have issues with faceID on other apps? i would rescan your face, watch some youtube tutorials to get it perfect. then try again. otherwise, i also would bet its probably an issue with the app. No issues with Face ID on other apps. Also unlocks the phone consistently and simply, even in the d...
- Sat Jul 14, 2018 6:28 pm
- Forum: Personal Consumer Issues
- Topic: Trouble with Face ID on Vanguard App for iPhone X?
- Replies: 5
- Views: 1304
Trouble with Face ID on Vanguard App for iPhone X?
I just upgraded to an iPhone X and I'm having trouble getting the Vanguard app to work with Face ID. When I attempt to use the feature (which happens automatically when I open the app), I get an error saying that my logon credentials are incorrect. At that point, I can enter my password manually and...
- Fri May 25, 2018 11:59 am
- Forum: Personal Finance (Not Investing)
- Topic: Buy an old farmhouse?
- Replies: 52
- Views: 6142
- Fri Apr 20, 2018 2:05 pm
- Forum: Personal Consumer Issues
- Topic: So many problems I can't even figure out how to prioritize them
- Replies: 27
- Views: 3548
Re: So many problems I can't even figure out how to prioritize them
You might consider Maslow's hierarchy of needs, which places priority on air to breathe, water to drink, food to eat, sleep, clothing and shelter. In fact, you're far ahead of many in the world if you reliably have access to all of those things. With all those things reliably covered, I'd probably f...
- Tue Apr 03, 2018 4:56 pm
- Forum: Personal Consumer Issues
- Topic: Health club memberships
- Replies: 34
- Views: 4349
Re: Health club memberships
I recently joined LA Fitness. I paid $818.76 cash for a 3-year membership that allows me to visit any LA Fitness location. The initiation fee was waived or rolled into the amount I paid, making my effective rate ~$22.75/mo.
- Sat Mar 03, 2018 8:58 pm
- Forum: Personal Investments
- Topic: Lost My Way - Advice Needed
- Replies: 44
- Views: 5376
Re: Lost My Way - Advice Needed
Hang on a second. Some folks are suggesting that you should take the loss and start over. I wouldn't be so quick to do that, personally. If I'm reading correctly, you managed to create a $75K portfolio in 4 years flat. You're about 31 years old, so your time horizon is long and your best earning yea...
- Mon Feb 19, 2018 12:32 pm
- Forum: US Chapters
- Topic: Suggestions for the Wiki
- Replies: 466
- Views: 330093
Re: Suggestions for the Wiki
Thanks. The footnotes to go with the Rollover chart are also different than reflected on the wiki.
- Fri Feb 16, 2018 5:59 pm
- Forum: US Chapters
- Topic: Suggestions for the Wiki
- Replies: 466
- Views: 330093
Re: Suggestions for the Wiki
The Rollover Chart on section 1.2 of the IRA rollovers and transfers page is out of date.
The current version is located here (PDF). Specifically, it is now allowable to rollover a traditional IRA to a Simple IRA, though there may be other changes, as well.
The current version is located here (PDF). Specifically, it is now allowable to rollover a traditional IRA to a Simple IRA, though there may be other changes, as well.
- Fri Feb 16, 2018 3:06 pm
- Forum: Personal Investments
- Topic: Tax efficiency of VFMF US Multifactor ETF?
- Replies: 6
- Views: 2016
Re: Tax efficiency of VFMF US Multifactor ETF?
Appreciate the thoughts. Thanks, all.
- Thu Feb 15, 2018 8:30 pm
- Forum: Personal Investments
- Topic: Tax efficiency of VFMF US Multifactor ETF?
- Replies: 6
- Views: 2016
Tax efficiency of VFMF US Multifactor ETF?
I like the idea of Vanguard's new US Multifactor ETF (VFMF). Based on the fund's published goals and the fact that it is structured as an ETF, it seems reasonable to believe that VFMF will be tax-efficient.
Any tax-efficiency concerns about holding VFMF in a taxable account?
Any tax-efficiency concerns about holding VFMF in a taxable account?
- Wed Jan 31, 2018 6:08 pm
- Forum: Personal Finance (Not Investing)
- Topic: Top 1% Net Worth Under 30 Years Old
- Replies: 13
- Views: 6898
Re: Top 1% Net Worth Under 30 Years Old
Not a direct answer to your question, but an interesting and relevant read:
https://www.financialsamurai.com/the-av ... ge-person/
https://www.financialsamurai.com/the-av ... ge-person/
- Tue Jan 30, 2018 6:28 am
- Forum: Personal Finance (Not Investing)
- Topic: Rental property accounting
- Replies: 10
- Views: 1329
Re: Rental property accounting
I'm using QuickBooks Online to keep track of accounting for an LLC that owns commercial income property. I don't love it, but it's the best thing I've found, so far. I've also tried Xero and QuickBooks Professional, but neither suited my workflow. There are other purpose-made packages (like Argus, f...
- Wed Dec 20, 2017 3:03 am
- Forum: Investing - Theory, News & General
- Topic: On Podcasts, timing the market vs Boglehead way - Fear of Missing out
- Replies: 16
- Views: 1778
Re: On Podcasts, timing the market vs Boglehead way - Fear of Missing out
While I am certainly glad to be a Boglehead, I found myself wanting to convince him on why I was right. He of course was trying to do the same. How do you tackle such situations? Both sides could provide evidence to boost their claims and have all kinds of data to back their arguments. Why can't yo...
- Sun Oct 29, 2017 9:10 pm
- Forum: Investing - Theory, News & General
- Topic: Help Me Locate Years-old Article on Real Estate Tycoon
- Replies: 5
- Views: 1220
Re: Help Me Locate Years-old Article on Real Estate Tycoon
Thanks for the responses.
- Sun Oct 29, 2017 6:49 am
- Forum: Investing - Theory, News & General
- Topic: Help Me Locate Years-old Article on Real Estate Tycoon
- Replies: 5
- Views: 1220
Help Me Locate Years-old Article on Real Estate Tycoon
Two or three years ago, I read an article about a real estate tycoon that had sustained heavy losses during the Great Recession, only to re-emerge as a more conservative investor several years later. If memory serves, the article appeared in Forbes or Wired magazine, but I suppose it could have been...
- Tue Oct 24, 2017 5:45 pm
- Forum: Personal Finance (Not Investing)
- Topic: Explain Borrower Risks for an Interest Rate Swap
- Replies: 3
- Views: 716
Re: Explain Borrower Risks for an Interest Rate Swap
Valuethinker, thank you for the reply. For the benefit of others, I thought I'd post a bit about the outcome of my decision. Aside from the risks, it became clear that the structure of the rate swap loan made extra principal payments impossible. Between that limitation and the risk that an early pay...
- Tue Oct 24, 2017 5:31 pm
- Forum: Personal Finance (Not Investing)
- Topic: Pivoting a small business
- Replies: 4
- Views: 852
Re: Pivoting a small business
I'd say that you're in a GREAT position to "pivot" out of your business. For starters, applying the 4% rule to your 1.6M portfolio, you've potentially got $64K of income right off the bat. That's 91% of your W2 income, according to your post. Just about any job would close the gap and then some. Hav...
- Fri Sep 29, 2017 7:20 am
- Forum: Personal Finance (Not Investing)
- Topic: Explain Borrower Risks for an Interest Rate Swap
- Replies: 3
- Views: 716
Explain Borrower Risks for an Interest Rate Swap
I am shopping for a commercial mortgage and one of the banks has proposed an interest rate swap as a method to secure a competitive fixed rate. I was not familiar with interest rate swaps, so I read up on the topic and I now have a basic understanding of how the process works. What is not as clear t...
- Wed Sep 20, 2017 9:44 pm
- Forum: Personal Finance (Not Investing)
- Topic: Corporate Net Worth Tax
- Replies: 1
- Views: 479
Re: Corporate Net Worth Tax
Googling this topic, it seems that the filing status of an LLC determines whether or not it is subject to the Georgia Net Worth tax. From the Georgia Dept of Revenue website ( https://dor.georgia.gov/net-worth-tax-corporations#field_related_links-486-4 ): Is a disregarded single member LLC subject t...
- Wed Sep 13, 2017 7:41 pm
- Forum: Personal Investments
- Topic: Full-Time Business Owners Planning & Financial Advice
- Replies: 8
- Views: 1231
Re: Full-Time Business Owners Planning & Financial Advice
Hello. Longtime (20+ years) professional services business owner here. I own an Inc 5000 company and I do my own books (Quickbooks Pro). You can learn to do the same and it will make you a better entrepreneur. Manage your finances well and your business will be worth more when and if you decide to s...
- Mon Jul 10, 2017 4:36 pm
- Forum: Personal Finance (Not Investing)
- Topic: Job opportunity - increase in compensation but also much longer commute
- Replies: 25
- Views: 2576
Re: Job opportunity - increase in compensation but also much longer commute
Wow. It certainly seems like a new job is your best bet. Have you done the math on that commute, though? It sounds terrible! 1 hr 10 mins x 2 (each direction) = 2 hrs 20 mins per day 2 hrs 20 mins x 5 days per week = 11 hrs 40 mins per week 11 hrs 40 mins x 50 weeks per year = 583 hrs 20 mins per ye...
- Mon Jul 10, 2017 11:25 am
- Forum: Personal Investments
- Topic: Vanguards assistance in setting up small business simple IRA
- Replies: 12
- Views: 1437
Re: Vanguards assistance in setting up small business simple IRA
I have not had any trouble purchasing Admiral funds in my Simple IRA. I don't own any ETFs, but I'm not aware of any restrictions.Earl Lemongrab wrote:I know that for the i401(k) plans Vanguard doesn't allow Admiral or ETF shares. I don't know if that's the case for SIMPLE IRAs.
- Sun Jul 09, 2017 8:10 pm
- Forum: Personal Investments
- Topic: Vanguards assistance in setting up small business simple IRA
- Replies: 12
- Views: 1437
Re: Vanguards assistance in setting up small business simple IRA
I have a Vanguard Simple IRA set up for my business. What kind of feedback are you looking for?