Search found 2292 matches

by JBTX
Sun Feb 18, 2018 10:00 pm
Forum: Personal Consumer Issues
Topic: What frugal thing did you do today?
Replies: 397
Views: 31018

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: 397
Views: 31018

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: 358
Views: 40559

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: 74
Views: 3143

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: 36
Views: 2793

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: 74
Views: 3143

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: 494

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: 16
Views: 1687

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: 25
Views: 1073

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: 74
Views: 3143

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: 74
Views: 3143

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: 74
Views: 3143

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: 74
Views: 3143

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: 25
Views: 1073

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: 23
Views: 1455

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: 7
Views: 820

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: 74
Views: 3143

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: 3
Views: 393

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: 740

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 Finance (Not Investing)
Topic: $12,000 Refrigerator? [Looking in $7k price range]
Replies: 31
Views: 2941

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: 7
Views: 820

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? ...
by JBTX
Sun Feb 18, 2018 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: Over 55 does contributing to a Roth 401K make sense based on new Tax Brackets
Replies: 23
Views: 1455

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

We are hoping to fully retire at at 60, in about 2.5 years.We have about 1.9 million in taxable 401k/IRA's. I think we will be in the same income bracket but I think that the tax brackets will change in future and not be as good so I wanted to take advantage of them now. We have NO tax deferred mon...
by JBTX
Sun Feb 18, 2018 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Over 55 does contributing to a Roth 401K make sense based on new Tax Brackets
Replies: 23
Views: 1455

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

I would not start withdrawing for another apx 2.5 years with hopes of at that time being closer to 2.5 million which hopefully will generate the $100,000. Even $100K/yr AGI from tIRA withdrawals alone doesn't get you out of the 12% bracket. Throw $20K/yr SS into the mix, and the marginal rate chart...
by JBTX
Sun Feb 18, 2018 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Over 55 does contributing to a Roth 401K make sense based on new Tax Brackets
Replies: 23
Views: 1455

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

For you it is a fairly complicated question, and dependent on several factors. I will agree with Klang, if you are not contributing to a Roth IRA, you should do that. You could use the tax savings from the traditional IRA to partially fund that. Putting that aside (perhaps you have already fully fun...
by JBTX
Sun Feb 18, 2018 2:57 pm
Forum: Investing - Help with Personal Investments
Topic: Don't market time...i know, i know.
Replies: 34
Views: 4445

Re: Don't market time...i know, i know.

Now would be a great time to go to a 60/40 allocation. You can call it market timing and congratulate yourself on getting partially out at the top. Or you can just chalk it up to moving to a more conventional asset allocation. Call it whatever you want but just do it.
by JBTX
Sun Feb 18, 2018 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Sell me on the benefits of an emergency fund
Replies: 81
Views: 3897

Re: Sell me on the benefits of an emergency fund

I’ve never really thought of our liquidity as an emergency fund per se, but it does serve that purpose. We keep about 6 months in bank accounts, and another 6-8 months in ibonds. The ibonds serve as both a backup and liquid fund as well as part of our bond allocation. The rest is basically extra cas...
by JBTX
Sun Feb 18, 2018 2:35 pm
Forum: Investing - Theory, News & General
Topic: "The Morning After" by Jonathan Clements
Replies: 12
Views: 2409

Re: "The Morning After" by Jonathan Clements

Interesting he now advocates 40-50% international. I tend to agree, but that certainly isn’t a universally held BH view 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 ty...
by JBTX
Sun Feb 18, 2018 2:22 pm
Forum: Investing - Theory, News & General
Topic: Stock Market Trend [Theories/Myths]
Replies: 6
Views: 520

Re: Stock Market Trend Conspiracy Theories/Myths

What are some of the more creative market trend myths you've heard? (I don't buy any of these btw) Markets up on the days of the month welfare is issued. Markets up at the beginning of the year due to IRA contributions. Markets down at the end of year due to tax loss harvesting. Markets up when 401...
by JBTX
Sun Feb 18, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO Auto Shady Practice?
Replies: 26
Views: 1628

Re: GEICO Auto Shady Practice?

I've looked to switch from Geico but no one else is even close. I switched from progressive because their rates increased substantially and they used a proprietary credit scoring system that caused my rates to raise a lot because I refinanced a house. Like you I’m not sure if any of them are wonder...
by JBTX
Sun Feb 18, 2018 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: GEICO Auto Shady Practice?
Replies: 26
Views: 1628

Re: GEICO Auto Shady Practice?

I’ve never encountered pushy sales tactics with GEICO. All conversations have been professional. My beefs with GEICO are our premiums have gone up almost 50% over the years and also their involvement in trying to recover money on my behalf in 3 not at fault accidents was pretty much non existent. Ho...
by JBTX
Sun Feb 18, 2018 1:34 am
Forum: Personal Finance (Not Investing)
Topic: How to pay ZERO taxes in retirement with 6-figure expenses
Replies: 201
Views: 102633

Re: How to pay ZERO taxes in retirement with 6-figure expenses

Not sure this will get much discussion given the thread age, but let's give it a try. I'd really like to see most or all of the OP assumptions. Here are some of the issues I have with the OP hypothetical. 1. Just assuming that all capital gains has been TLH'd away seems like a convenient assumption ...
by JBTX
Sat Feb 17, 2018 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: At war with the mortgage
Replies: 4
Views: 1428

Re: At war with the mortgage

I'm pulling out all the stops, and have a plan to have it gone by the end of April. Military single earner, married, 3 kids. Heath insurance covers 100% of everything. My job is SO secure I CAN'T quit. Have good life insurance. EF will stay around 20k during this process. Take home around 6k withou...
by JBTX
Sat Feb 17, 2018 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Using Emergency Fund to pay off loan
Replies: 7
Views: 470

Re: Using Emergency Fund to pay off loan

impossible to say without knowing more. Have you maxed out all retirement accounts opporuntities? Do you have a taxable savings account? Will you be having any significant expenditures coming up in a few years? No idea how old you are. Without knowing any of those things, perhaps I would start payin...
by JBTX
Sat Feb 17, 2018 9:04 pm
Forum: Personal Finance (Not Investing)
Topic: Catastrophic medical insurance
Replies: 8
Views: 618

Re: Catastrophic medical insurance

Looking at the link, I would really want to know what is covered by a "hospital only" plan. I could imagine scenarios where you may need very expensive medicines that aren't covered under a hospital plan. Perhaps you can game the system and get hospital only and if you needed more jump on a full pol...
by JBTX
Sat Feb 17, 2018 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: Catastrophic medical insurance
Replies: 8
Views: 618

Re: Catastrophic medical insurance

NotWhoYouThink wrote:
Sat Feb 17, 2018 6:41 pm
I thought ACA prohibited catastrophic plan for those over 30. We'd like one, too.
I'm going to guess that you can still get them but it would not have waived the ACA penalty, which was just repealed.
by JBTX
Sat Feb 17, 2018 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: I'm Cancelling My Home Insurance
Replies: 132
Views: 7616

Re: I'm Cancelling My Home Insurance

Anyone on here that doesn't have a home insurance policy? What's your experience? My home is paid for and worth about 12% of my net worth and I'm thinking about canceling the homeowners policy and keeping the umbrella policy. If I cancelled and the house burned down, it would just be like a 12% mar...
by JBTX
Sat Feb 17, 2018 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: What has been your most important skill in achieving financial independence?
Replies: 135
Views: 7074

Re: What has been your most important skill in achieving financial independence?

Evaluate spending choices based up on future opportunity cost. In other words, what may cost you $100 now may mean you are giving up $400 in accumulated savings including tax free growth at retirement. Now is that $100 purchase really worth $400 to you?
by JBTX
Sat Feb 17, 2018 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Working for a MegaCorp vs a Small Business
Replies: 18
Views: 1109

Re: Working for a MegaCorp vs a Small Business

I’ve worked most of my 30 year career at megacorps but a little bit in privately held mid sized companies and a bit in small companies. My wife is the opposite, most of the time spent in small companies but some stints at megacorps. There are pros and cons with both. With small companies you have br...
by JBTX
Sat Feb 17, 2018 11:14 am
Forum: Investing - Theory, News & General
Topic: Better not taxed now or taxed later?
Replies: 23
Views: 1645

Re: Better not taxed now or taxed later?

... the real choice is ... leaving money in traditional (option 1) vs leaving money in taxable (option 2) with the potentially better choice being option 2. Is this correct? Yes, that is correct. Then the hard part is knowing exactly how much to convert, so that you get as close as possible to $12,...
by JBTX
Sat Feb 17, 2018 11:08 am
Forum: Investing - Theory, News & General
Topic: philosophicaleconomics predicts 4% real equity returns
Replies: 124
Views: 6545

Re: philosophicaleconomics predicts 4% real equity returns

Yes that thought actually occurred to me. It forces the uncomfortable conclusion that 3% real for a 60/40’portfolio may be too high. Perhaps 2% real, but that just seems so low and almost on the verge of pointless from an investing perspective. Maybe 2.5%. I’m going to have to ponder this. Maybe a ...
by JBTX
Sat Feb 17, 2018 1:54 am
Forum: Investing - Theory, News & General
Topic: Better not taxed now or taxed later?
Replies: 23
Views: 1645

Re: Better not taxed now or taxed later?

FlyingMoose, Roth IRA is not subjected to RMD while the owner is alive. https://www.rothira.com/roth-ira-required-minimum-distribution-rmd KlangFool The RMD would be on the account being converted to a Roth, not on the Roth. If Roth conversion is not a choice (which I don’t understand why it wouldn...
by JBTX
Sat Feb 17, 2018 1:44 am
Forum: Investing - Theory, News & General
Topic: philosophicaleconomics predicts 4% real equity returns
Replies: 124
Views: 6545

Re: philosophicaleconomics predicts 4% real equity returns

Maybe, but I don't know. My crystal ball is pretty cloudy. :confused As to 5% real I hope your right but wouldn’t bet on it. I’m using 3% real. 5% real equities or on entire portfolio? Equities, including international and EM. No betting is necessary. If I get 3% real, it may just mean that I retir...
by JBTX
Fri Feb 16, 2018 9:54 pm
Forum: Personal Consumer Issues
Topic: Minnesota lake resorts summer 2018
Replies: 29
Views: 1909

Re: Minnesota lake resorts summer 2018

What part of Minnesota? Leech Lake, Cass Lake. Near Minneapolis? NW part? Big Cormorant, Pelican Lake. There are a LOT to choose from. One consideration, weather is quite variable in late August. It can be 90 or 50. A few years back we rented a cabin on Cass Lake for a week in mid August. It was in...
by JBTX
Fri Feb 16, 2018 9:44 pm
Forum: Investing - Help with Personal Investments
Topic: 403(b) RMDs while still working?
Replies: 14
Views: 725

Re: 403(b) RMDs while still working?

This page says "... as long as you are working and contributing to ...": https://ttlc.intuit.com/questions/3186422 Always take turbo tax community answers with a grain of salt. Often it is just somebody answering the question and I have seen some answered incorrectly. I’d verify any answer against ...
by JBTX
Fri Feb 16, 2018 9:26 pm
Forum: Investing - Theory, News & General
Topic: Better not taxed now or taxed later?
Replies: 23
Views: 1645

Re: Better not taxed now or taxed later?

I think I understand where you are coming from now: I don’t get why Roth conversion isn’t a choice. Whether you convert to Roth or convert to taxable both will generate taxable income (which may or may not generate enough to have actual tax liability ). The impact on any earned income credit I would...
by JBTX
Fri Feb 16, 2018 8:43 pm
Forum: Investing - Theory, News & General
Topic: Retirees: The common sense withdrawal method
Replies: 82
Views: 6656

Re: Retirees: The common sense withdrawal method

This is also called "the Taylor Larimore method." It is what I follow. Congratulations on your good fortune, jebmke. This might work out well for some, but it seems hardly appropriate as general guidance or for those trying to figure out if they have enough to retire. There are some important cavea...
by JBTX
Fri Feb 16, 2018 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Moving my simple IRA. Investment options for my children?
Replies: 10
Views: 403

Re: Moving my simple IRA. Investment options for my children?

If you want to use vanguard funds exclusively, vanguard is probably the way to go. You will have more choices of the lowest cost vanguard funds. Or if you want to use their low cost advisory services, or some of their life strategy type funds. If you are content using either vanguard ETFs or other l...
by JBTX
Fri Feb 16, 2018 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds — Appreciate Some Advice
Replies: 9
Views: 876

Re: Bonds — Appreciate Some Advice

To complicate the whole matter further the whole analysis above is simplistic. The reality is if bond rates increase there is a decent chance inflation is increasing too. So higher yields are not going to make you richer if inflation goes up the same amount. However, if inflation is increasing with...
by JBTX
Fri Feb 16, 2018 8:07 pm
Forum: Investing - Theory, News & General
Topic: Better not taxed now or taxed later?
Replies: 23
Views: 1645

Re: Better not taxed now or taxed later?

I don’t get why Roth conversion isn’t a choice. Whether you convert to Roth or convert to taxable both will generate taxable income (which may or may not generate enough to have actual tax liability ). The impact on any earned income credit I would think would be the same. The options are: 1. Leave...
by JBTX
Fri Feb 16, 2018 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: Bonds — Appreciate Some Advice
Replies: 9
Views: 876

Re: Bonds — Appreciate Some Advice

I was listening to investment analysts the other day — they mentioned that although bonds were taking a hit with the Fed increase rates — nevertheless, bond holders were better off in the long run because higher yields will result in higher returns As I watch bonds funds (Vanguard Total Bond fund, ...