Search found 2321 matches

by JBTX
Thu Feb 22, 2018 12:02 am
Forum: Investing - Help with Personal Investments
Topic: Can you front load a solo 401k based upon expected income?
Replies: 4
Views: 316

Re: Can you front load a solo 401k based upon expected income?

DSInvestor has the important information. Here are some more specifics. As they pointed out, you can not make the maximum contribution on the first business day of the year like you can with an IRA or HSA. However, you can front load employee deferrals and employer contributions to the degree compe...
by JBTX
Wed Feb 21, 2018 11:52 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 378
Views: 42342

Re: Netflix, Your Current Favorite Show

^^^ Just finished it. I lost track of how many times I saw something and thought "I had one of those..." I couldn't get out of my mind that one of the main characters is a blend of Indiana Jones and John McAfee. Next up: Altered Carbon. The first episode was interesting. This isn't the best show I'...
by JBTX
Wed Feb 21, 2018 6:43 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 378
Views: 42342

Re: Netflix, Your Current Favorite Show

Altered Carbon. Pretty good so far. Blade runner sci fi. I'm interested in giving this a shot. Looks interesting. Haven't read in the thread but for those of you who tried watching the first episode of Black Mirror and gave up on it (because of episode 1) -- go back and continue watching. Great ant...
by JBTX
Wed Feb 21, 2018 6:01 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 8886

Re: Do you wear a wedding band? [at a job interview]

Edit: I asked this primarily from a professional perspective, such as a job interview. Does the lack of a wedding ring on someone who is known to be married make you appear “flaky” or unreliable? Wondering if I should get it refit Just for such occasions. Female professional here. Yes, not wearing ...
by JBTX
Wed Feb 21, 2018 5:58 pm
Forum: Investing - Theory, News & General
Topic: J. Montier: US equity market is obscenely overvalued
Replies: 32
Views: 2832

Re: J. Montier: US equity market is obscenely overvalued

I don’t necessarily change my investing based upon their discussions but I don’t dismiss them either. Exactly. I appreciate the different perspective of the author. Now if you'll excuse me, someone has asked if they should pay off their mortgage. :D I try to make a point to read the quarterly newsl...
by JBTX
Wed Feb 21, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: J. Montier: US equity market is obscenely overvalued
Replies: 32
Views: 2832

Re: J. Montier: US equity market is obscenely overvalued

I’m not so quick to dismiss his rantings. GMO has been right more often than not but they are often years too early. I don’t necessarily change my investing based upon their discussions but I don’t dismiss them either. I think Grantham is more tempered when discussing these things because he’s been ...
by JBTX
Tue Feb 20, 2018 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Cut down on retirement savings to build emergency fund
Replies: 20
Views: 1138

Re: Cut down on retirement savings to build emergency fund

What do you do with the HSA? If you aren’t using it for medical expenses you may choose to liquidate it instead for prior unreimbursed medical expenses. I’d certainly continue to fund it going forward though for the tax break.
by JBTX
Tue Feb 20, 2018 1:18 pm
Forum: Investing - Help with Personal Investments
Topic: How big is the 'Madoff risk' -- All of your money at one advisor?
Replies: 21
Views: 2415

Re: How big is the 'Madoff risk' -- All of your money at one advisor?

Google “can financial advisors steal your money.” If you can see statements and online accounts, and the accounts are in your name, that lessens the likelihood of malfeasance. thank you. yes i can see the staetements / accounts and yes they are in my name. thanks for the response. Does your FA have...
by JBTX
Tue Feb 20, 2018 1:14 pm
Forum: Personal Consumer Issues
Topic: Is this mold or foxing?
Replies: 3
Views: 800

Re: Is this mold or foxing?

Any mold I have ever seen looks black or very dark green.
by JBTX
Tue Feb 20, 2018 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: How big is the 'Madoff risk' -- All of your money at one advisor?
Replies: 21
Views: 2415

Re: How big is the 'Madoff risk' -- All of your money at one advisor?

Google “can financial advisors steal your money.”

If you can see statements and online accounts, and the accounts are in your name, that lessens the likelihood of malfeasance.
by JBTX
Tue Feb 20, 2018 12:58 pm
Forum: Personal Consumer Issues
Topic: Lawn spraying
Replies: 15
Views: 1253

Re: Lawn spraying

Depending on the amount of weeds you can spot spray weed b gone ... Weed-B-Gone says right on the label: Do not use on ... bermudagrass .... Even though it says it can be used on St Augustine, it will kill that, too, in hot weather. Get a weed b gone product for Bermuda grass https://www.ortho.com/...
by JBTX
Tue Feb 20, 2018 10:35 am
Forum: Personal Consumer Issues
Topic: Lawn spraying
Replies: 15
Views: 1253

Re: Lawn spraying

If you don’t put down pre emergents then Bermuda tends to fill up with broadleaf weeds and crab grass. You can get pre emergents from Home Depot. You can either get granular form and use a drop spreader or get some type of spray. Typically what I so is do preemergent with drop spreader around March ...
by JBTX
Tue Feb 20, 2018 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Misc Income [how to report with no 1099]
Replies: 42
Views: 1720

Re: Misc Income [how to report with no 1099]

1. A schedule C incrementally increases your chance of audit. Misc income requires no schedule C 2. The risk of you being audited and this coming up is very small 3. Schedule c is a bit of a PITA 4. On the really small chance you get audited you be honest and say you weren’t clear how to handle it,...
by JBTX
Tue Feb 20, 2018 2:52 am
Forum: Personal Finance (Not Investing)
Topic: Misc Income [how to report with no 1099]
Replies: 42
Views: 1720

Re: Misc Income [how to report with no 1099]

If using Line 21 “Other Income”, then neither the employer’s nor the employee’s share of FICA gets paid. The employer’s share of the FICA should have been paid by the employer. Filing Schedule C at least gets the employee’s share of FICA paid, but it could create more problems. That’s why I would t...
by JBTX
Tue Feb 20, 2018 2:27 am
Forum: Investing - Theory, News & General
Topic: Why investors shouldn’t panic over falling bond prices
Replies: 35
Views: 5560

Re: Why investors shouldn’t panic over falling bond prices

https://www.marketwatch.com/story/why-investors-shouldnt-panic-over-falling-bond-prices-2018-02-13 This is the main point “Since 1993, the Bloomberg Barclays US Aggregate Index, dominated by government and investment-grade corporate bonds, fell 1.2% on average during months when yields increased by...
by JBTX
Tue Feb 20, 2018 2:00 am
Forum: Investing - Theory, News & General
Topic: Vanguard LifeStrategy Funds vs. Target Date Funds
Replies: 63
Views: 5472

Re: Vanguard LifeStrategy Funds vs. Target Date Funds

What is VPW? Variable percentage withdrawal (VPW) is a withdrawal method that adapts to the retiree's retirement horizon, asset allocation, and portfolio returns during retirement. It combines the best ideas of the constant-dollar, constant-percentage, and 1/N withdrawal methods to allow the retire...
by JBTX
Mon Feb 19, 2018 11:41 pm
Forum: Investing - Theory, News & General
Topic: Vanguard LifeStrategy Funds vs. Target Date Funds
Replies: 63
Views: 5472

Re: Vanguard LifeStrategy Funds vs. Target Date Funds

When doing retirement planning, at the start of retirement, one can run simulations that optimize your chance of success. But those odds are being determined at the beginning of the sequence. In reality, as you age, you would redo the exercise every year and over time would likely give you differen...
by JBTX
Mon Feb 19, 2018 11:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard LifeStrategy Funds vs. Target Date Funds
Replies: 63
Views: 5472

Re: Vanguard LifeStrategy Funds vs. Target Date Funds

When you or others say 30/70 has not resulted in maximum historical SWRs I’m not exactly sure what that means. It sounds like a similar argument made by those who advocate upward sloping glidepaths because based upon historical modeling such glidepaths would have given better outcomes. According to...
by JBTX
Mon Feb 19, 2018 10:53 pm
Forum: Investing - Theory, News & General
Topic: Sequence of returns risk while accumulating
Replies: 65
Views: 3645

Re: Sequence of returns risk while accumulating

Will Your OP shows modeling that the bottom 10% is 2% real return over 20 years. I am guessing that 3% would get you to around bottom 20%, give or take. Given that, is it unreasonable to expect 3% real, on average, when you are starting at very high CAPE10 and below average long term interest rates...
by JBTX
Mon Feb 19, 2018 10:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard LifeStrategy Funds vs. Target Date Funds
Replies: 63
Views: 5472

Re: Vanguard LifeStrategy Funds vs. Target Date Funds

But as is often commented, just investing in a portfolio rather than considering a larger picture involving annuities and other options is too narrow a context for retirement planning. The Vanguard white paper does touch on pensions and SS. In addition, the white paper addresses an average retiree ...
by JBTX
Mon Feb 19, 2018 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: Best Investment Options with Zero Earned Income
Replies: 16
Views: 980

Re: Best Investment Options with Zero Earned Income

You have 2 million in traditional retirement vehicles between traditional IRA and 401k. Once you start pulling social security not only will your 401k withdrawal income become taxable but also it is very likely your social security income will become taxable leading to higher marginal tax rates than...
by JBTX
Mon Feb 19, 2018 9:31 pm
Forum: Personal Consumer Issues
Topic: Gifting to Parent who might need Medicaid Nursing Home
Replies: 18
Views: 1543

Re: Gifting to Parent who might need Medicaid Nursing Home

I don’t profess to be an expert, at all, as a disclaimer. I will have to wrestle with similar issues down the road with a special needs kid once he becomes adult. As long as she has significant assets, I would think she would not qualify for Medicaid. As such your gift doesn’t make a difference righ...
by JBTX
Mon Feb 19, 2018 9:18 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 8886

Re: Do you wear a wedding band? [at a job interview]

Agree taking it off for an interview would seem counterproductive (although apparently with women the bias is opposite men, which is completely ridiculous but very plausible ). I was talking about failure to wear one being perceived negatively. It's not ridiculous. A man's ring sends different sign...
by JBTX
Mon Feb 19, 2018 8:36 pm
Forum: Investing - Theory, News & General
Topic: Sequence of returns risk while accumulating
Replies: 65
Views: 3645

Re: Sequence of returns risk while accumulating

Will Your OP shows modeling that the bottom 10% is 2% real return over 20 years. I am guessing that 3% would get you to around bottom 20%, give or take. Given that, is it unreasonable to expect 3% real, on average, when you are starting at very high CAPE10 and below average long term interest rates?...
by JBTX
Mon Feb 19, 2018 8:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard LifeStrategy Funds vs. Target Date Funds
Replies: 63
Views: 5472

Re: Vanguard LifeStrategy Funds vs. Target Date Funds

But as is often commented, just investing in a portfolio rather than considering a larger picture involving annuities and other options is too narrow a context for retirement planning. The Vanguard white paper does touch on pensions and SS. In addition, the white paper addresses an average retiree ...
by JBTX
Mon Feb 19, 2018 1:37 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 8886

Re: Do you wear a wedding band? [at a job interview]

If you normally wear a wedding ring, but take it off for a job interview - the "tan line" and/or skin impression might indicate what you did. That might create a certain impression. My late father was a lifelong farmer and stopped wearing his wedding ring shortly after my parents were married becau...
by JBTX
Mon Feb 19, 2018 1:34 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 8886

Re: Do you wear a wedding band? [at a job interview]

I'm guessing that I've conducted about a 100 interviews during my career. I can't recall ever noticing or not noticing whether an applicant was wearing a wedding ring. Same with me. I honestly can’t tell you from recollection whether any of my friends or coworkers wear a wedding band. I’m sure I’ve...
by JBTX
Mon Feb 19, 2018 12:16 pm
Forum: Investing - Theory, News & General
Topic: "The Morning After" by Jonathan Clements
Replies: 15
Views: 3160

Re: "The Morning After" by Jonathan Clements

His advice is always sound and solid and as indicated calming and much better than most of the financial porn out there. Having said that more often than not I don’t feel like I typical learn much new from him. I guess some people need to be reminded of these basic principles on a daily basis. Jona...
by JBTX
Mon Feb 19, 2018 12:03 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 8886

Re: Do you wear a wedding band? [at a job interview]

After receiving a PM from the OP, I retitled the thread to clarify the intent. "Do you wear a wedding band during a job interview?" This thread is now unlocked to continue the discussion. Please stay focused on the work environment. Thanks. I edited the OP. The primary reason I asked was job interv...
by JBTX
Sun Feb 18, 2018 10:00 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 428
Views: 33726

Re: What frugal thing did you do today?

I never turn on the Heat or AC in my car regardless of how cold or hot it gets to save on gas. Sometimes I wont even turn on the radio as to conserve battery power and demand/stress on the car. Using the car's heater assists the cooling system. Internal combustion engines create a lot of waste heat...
by JBTX
Sun Feb 18, 2018 9:48 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 428
Views: 33726

Re: What frugal thing did you do today?

On my weekly grocery shopping trip, I stopped by the cafe next store and bought a cup of regular coffee...went back to pick up my groceries and after I finished my shopping and coffee, I went back to the cafe and got my spouse a cup of decaf with my free refill. :D Sometimes frugal boarders on the ...
by JBTX
Sun Feb 18, 2018 9:25 pm
Forum: Personal Consumer Issues
Topic: Netflix, Your Current Favorite Show
Replies: 378
Views: 42342

Re: Netflix, Your Current Favorite Show

Altered Carbon. Pretty good so far. Blade runner sci fi. I'm interested in giving this a shot. Looks interesting. Haven't read in the thread but for those of you who tried watching the first episode of Black Mirror and gave up on it (because of episode 1) -- go back and continue watching. Great ant...
by JBTX
Sun Feb 18, 2018 8:19 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 8886

Re: Do you wear a wedding band? [at a job interview]

I'm a man and got married to a woman a little over a year ago and almost always have my ring on. Alec Baldwin's character in "The Departed" has an interesting take on the importance of marriage in the workplace (warning: contains profanity) https://youtu.be/rAReS2JnJ18 Great movie. And there is act...
by JBTX
Sun Feb 18, 2018 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: I reduced my exposure to US stocks before the correction.
Replies: 39
Views: 3863

Re: I reduced my exposure to US stocks before the correction.

I'm a huge fan of this forum! My portfolio has been pretty conservative for my age (I'm 43yo): 50/50. I've found the books written by John Bogle incredibly inspiring, clear and well written. I know that Mr. Bogle is not a fan of investing in overseas market because US companies do make money abroad...
by JBTX
Sun Feb 18, 2018 7:58 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 8886

Re: Do you wear a wedding band? [at a job interview]

After receiving a PM from the OP, I retitled the thread to clarify the intent. "Do you wear a wedding band during a job interview?" This thread is now unlocked to continue the discussion. Please stay focused on the work environment. Thanks. I edited the OP. The primary reason I asked was job interv...
by JBTX
Sun Feb 18, 2018 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: student loan vs investing
Replies: 12
Views: 540

Re: student loan vs investing

If you have maxed your retirement account opportunities and otherwise have plenty of liquidity I’d pay it off. A 3.8% risk free after tax return is substantially better than any sort of low risk fixed income or interest bearing investment will give you.
by JBTX
Sun Feb 18, 2018 7:34 pm
Forum: Personal Consumer Issues
Topic: Is there a way to send text messages on my computer?
Replies: 24
Views: 2501

Re: Is there a way to send text messages on my computer?

ikowik wrote:
Sat Feb 17, 2018 4:38 pm
iMessages can send messages to other Macs and iPhones. This does mean staying within the Apple system and signing with an AppleID
That is because those travel over the internet via web WiFi or data, not phone lines. Same concept as Facebook IM.
by JBTX
Sun Feb 18, 2018 7:12 pm
Forum: Investing - Help with Personal Investments
Topic: Expected return of US vs International, basic question
Replies: 26
Views: 1358

Re: Expected return of US vs International, basic question

There are a lot of benefits to international diversification but for me the main one is the hopefully unlikely scenario that the US suffers some sort of country specific phenomenon like Japan that leads to decades of subpar returns. That's one reason for me. We can imagine far worse scenarios if we...
by JBTX
Sun Feb 18, 2018 7:04 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 8886

Re: Do you wear a wedding band?

In my experience married men who don't wear wedding rings don't want women to know they're married. Sometimes women are more interested in men with wedding rings. :twisted: I have heard both of these perspectives before. As to the second, perhaps it represents a sort of “seal of approval”. If one p...
by JBTX
Sun Feb 18, 2018 6:57 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 8886

Re: Do you wear a wedding band?

tim1999 wrote:
Sun Feb 18, 2018 5:30 pm
No, I haven't worn it since the ceremony. My father never wore his either. I got an inexpensive one, knowing I'd never wear it again.
Interesting. My father mostly didn’t wear his either. That seems to be a trend based on a few posts.
by JBTX
Sun Feb 18, 2018 6:56 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 8886

Re: Do you wear a wedding band?

triceratop wrote:
Sun Feb 18, 2018 5:27 pm
Mainly geared towards men, but applicable to women too...
Mainly geared towards married men.

As I am unmarried, no I do not wear one. I hope this helps.
Thanks for the clarification! :beer
by JBTX
Sun Feb 18, 2018 6:53 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 8886

Re: Do you wear a wedding band?

Thanks for the responses. I am surprised by the number of men that don’t. I’m not as much of an outlier as I thought.
by JBTX
Sun Feb 18, 2018 5:53 pm
Forum: Investing - Help with Personal Investments
Topic: Expected return of US vs International, basic question
Replies: 26
Views: 1358

Re: Expected return of US vs International, basic question

I have read on this forum and elsewhere that international is expected to outperform the US over the next decade. Some have said this, but I don’t think it is a universally held belief here. My guess is they probably will but I say that without any sort of conviction. If that were true, why wouldn'...
by JBTX
Sun Feb 18, 2018 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: Over 55 does contributing to a Roth 401K make sense based on new Tax Brackets
Replies: 25
Views: 1825

Re: Over 55 does contributing to a Roth 401K make sense based on new Tax Brackets

Please look over my post and see if there are any holes in my logic. I used the Hump. Thanks to you I think I am starting to understand this rather complex subject. Looks good. TheHump.xlsx hasn't been updated for the 2018 tax changes, but it's qualitatively correct: as ordinary income makes more S...
by JBTX
Sun Feb 18, 2018 5:24 pm
Forum: Personal Finance (Not Investing)
Topic: Payoff Mortgage Early?
Replies: 8
Views: 1236

Re: Payoff Mortgage Early?

Having a mortgage can help your credit rating a little bit, if for some reason that is important. Probably not so much for you if you don’t need to borrow anyway.
by JBTX
Sun Feb 18, 2018 5:18 pm
Forum: Personal Consumer Issues
Topic: Do you wear a wedding band? [at a job interview]
Replies: 157
Views: 8886

Do you wear a wedding band? [at a job interview]

[See my post below. --admin LadyGeek] Mainly geared towards men, but applicable to women too, and also interested in the perceptions of women about men who don’t. I got one and wore it early on, but it was a bit too big and I didn’t like the feel of it when washing hands or getting sweaty. I don’t ...
by JBTX
Sun Feb 18, 2018 4:52 pm
Forum: Investing - Theory, News & General
Topic: CAPE 7 vs CAPE 10
Replies: 5
Views: 648

Re: CAPE 7 vs CAPE 10

I'm not sure cape7 makes more conceptual sense than cape10. Seems like it is a bit of a cherry picked scenario to avoid the downyears. Economic downturns happen typically more than every 10 years. While 2008+ was worse than normal, i would say the last 5 years or so have shown well above average ear...
by JBTX
Sun Feb 18, 2018 4:45 pm
Forum: Personal Finance (Not Investing)
Topic: How long did it take you to get an official offer after clearing the interview process? Any delays?
Replies: 13
Views: 783

Re: How long did it take you to get an official offer after clearing the interview process? Any delays?

Curious because I have a verbal commitment for an offer since beginning of December with a highly reputable company, and from people I have a lot of respect for. They've regularly stayed on top of me citing major delays in HR, providing lots of detail on the situation each time. It's just taking so...
by JBTX
Sun Feb 18, 2018 4:40 pm
Forum: Personal Consumer Issues
Topic: $12,000 Refrigerator? [Looking in $7k price range]
Replies: 50
Views: 5528

Re: $12,000 Refrigerator? [Looking in $7k price range]

In our recent remodel we spent about $10k on all of the kitchen appliance. Mostly "Frigidaire Professional" For the Fridge/Freezer we opted for side by side stand alones, but they look like a large combined unit, giving the appearance of some of these $10-$20k high end fridge/freezers. The combo cos...
by JBTX
Sun Feb 18, 2018 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Payoff Mortgage Early?
Replies: 8
Views: 1236

Re: Payoff Mortgage Early?

Looking for input. Current situation is Mortgage Balance about $20K at 3.5%. Liquid Assets ~1.2M. Payoff mortgage with recent market gains or hold the course? You would need to give a lot more info to get a better answer. How old are you? Have you fully funded all retirement account opportunities? ...