Search found 347 matches

by ThriftyPhD
Fri Feb 23, 2018 5:29 pm
Forum: Investing - Theory, News & General
Topic: Is there any flaw in this short-term tactic?
Replies: 9
Views: 572

Re: Is there any flaw in this short-term tactic?

Why assume that Yahoo is undervalued, rather than Alibaba overvalued? Perhaps the 'correct' decision would be to short Alibaba?
by ThriftyPhD
Fri Feb 23, 2018 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Defining "House Poor"
Replies: 121
Views: 5374

Re: Defining "House Poor"

So someone with a $3m house and $7m liquid investments is house poor? Or $30m and $70m? Odd definition. FoolMeOnce, Why? It makes perfect sense to me. The house's price is big enough that it affects the overall financial well being of the person. <<So someone with a $3m house and $7m liquid investm...
by ThriftyPhD
Fri Feb 23, 2018 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on an ESPP with 2 year contribution period?
Replies: 17
Views: 551

Re: Thoughts on an ESPP with 2 year contribution period?

I can say that I have never heard of a 2 year contribution period - and it makes no sense to me either. I would not participate, as holding onto the funds for two years is too risky - and ties up your money for too long. What is the part that makes this too risky? OP's not required to hold the stoc...
by ThriftyPhD
Fri Feb 23, 2018 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on an ESPP with 2 year contribution period?
Replies: 17
Views: 551

Re: Thoughts on an ESPP with 2 year contribution period?

I would probably do it. Is it in the SP500? Russell 2000? Or any other index? How long has the company been public and what is the market cap and P/E ratio? The market cap is 12.4 B and PE is 43.11. Not sure what index it might be in. Are these questions to determine the likelihood of the company g...
by ThriftyPhD
Fri Feb 23, 2018 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Getting two w2 at same time
Replies: 10
Views: 661

Re: Getting two w2 at same time

Plenty of people hold two or more W2 jobs at the same time. Withholding might be off since each employer will withhold taxes assuming that employer's pay is your only income. You can fix this by adjusting withholding on your W4.
by ThriftyPhD
Fri Feb 23, 2018 2:38 pm
Forum: Personal Consumer Issues
Topic: Favorite socks?
Replies: 47
Views: 2044

Re: Favorite socks?

Check out SmartWool brand socks. You can find deals on Socks Addict . Length goes from no show all the way to knee high, and fabric weight from ultra light to extra heavy. If wool is making your feet hot, you're probably using socks that are too thick. Ultra light are good even exercising outdoors i...
by ThriftyPhD
Fri Feb 23, 2018 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Defining "House Poor"
Replies: 121
Views: 5374

Re: Defining "House Poor"

To add to my above, I think impact of cash flow or equity to define house poor varies with age. A couple just starting out buying their first house is bound to have a huge chunk of their equity tied up in their down payment. But if they can afford the PITI while also saving for retirement, I wouldn'...
by ThriftyPhD
Fri Feb 23, 2018 12:57 pm
Forum: Personal Finance (Not Investing)
Topic: Defining "House Poor"
Replies: 121
Views: 5374

Re: Defining "House Poor"

There is no boglehead definition of house poor, just like there is no boglehead definition of 'best asset allocation'. In the end, it comes down to personal preference. Example: Someone who is risk averse might say the best asset allocation is 30:70 stocks:bonds. Someone who is less risk averse migh...
by ThriftyPhD
Fri Feb 23, 2018 12:18 pm
Forum: Personal Consumer Issues
Topic: Help! Buying my first sofa/couch
Replies: 26
Views: 1044

Re: Help! Buying my first sofa/couch

5. Would you ever consider a futon to primarily use as a couch? I like the idea of being able to break down the couch into smaller pieces, but not if it's uncomfortable. Buy a futon with a solid wood or metal frame that can be easily disassembled and reassembled. Then if it has a thin mattress, spr...
by ThriftyPhD
Fri Feb 23, 2018 10:52 am
Forum: Personal Consumer Issues
Topic: Help! Buying my first sofa/couch
Replies: 26
Views: 1044

Re: Help! Buying my first sofa/couch

Buy a futon with a solid wood or metal frame that can be easily disassembled and reassembled. Then if it has a thin mattress, spring for a nice thick inner coil mattress replacement. It will be more comfortable than most couches, can double as a bed which is great for smaller apartments, and can be ...
by ThriftyPhD
Fri Feb 23, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Thoughts on an ESPP with 2 year contribution period?
Replies: 17
Views: 551

Re: Thoughts on an ESPP with 2 year contribution period?

Assuming you're contributing each pay period, some of your money will be tied up for 2 years, some less, with an average of 1 year. If you think of this as a bond fund with an average duration of 1 year and a 17.6% return, it's a pretty good deal. Even if the entire amount went in on day one and sat...
by ThriftyPhD
Thu Feb 22, 2018 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking no-dividend stock with S&P-like performance
Replies: 12
Views: 958

Re: Seeking no-dividend stock with S&P-like performance

Would Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX) work for you? It's supposed to have lower dividends, though it it doesn't seem all that much lower than Total Market VTSAX. Or are you trying to have absolutely no dividends? Is the goal to maximize after tax return, or to a...
by ThriftyPhD
Thu Feb 22, 2018 2:34 pm
Forum: Investing - Theory, News & General
Topic: I'm thinking about buying some real estate to diversify my virtual wealth - agree?
Replies: 17
Views: 1337

Re: I'm thinking about buying some real estate to diversify my virtual wealth - agree?

However, I'm getting more and more worried about having all of my retirement wealth in virtual, electronic form (403-b, IRA, Roth IRA) and subject to whatever unexpected things can happen to that stuff. It's really nothing tangible, just a bunch of bits and bytes on computer servers somewhere. Thin...
by ThriftyPhD
Thu Feb 22, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Would you pay off this debt?
Replies: 60
Views: 2123

Re: Would you pay off this debt?

Why pay off the car loan at 1.75%? I see others suggest this. I'm not sure why. Same thought as well. I guess some people are extremely debt averse. I do find the order of suggestions interesting. "Pay off the lowest interest loan, then the second interest loan, and then if you feel like it start p...
by ThriftyPhD
Thu Feb 22, 2018 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Would you pay off this debt?
Replies: 60
Views: 2123

Re: Would you pay off this debt?

Are you sure you will be itemizing deductions in 2018? You must have a lot of charitable contributions. Your mortgage interest doesn't amount to much. Gill yes, $9K in prop taxes, the rest in charitable donations In other words, your charitable deductions, real estate tax and mortgage interest exce...
by ThriftyPhD
Thu Feb 22, 2018 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Would you pay off this debt?
Replies: 60
Views: 2123

Re: Would you pay off this debt?

I read on another post that I could not pay premiums with HSA money when I retire, maybe that was wrong. I have thought about increasing contributions to tax advantaged space and withdrawing from taxable to cover difference in monthly expenses as a trade. You'll want to dig into this more, but I be...
by ThriftyPhD
Thu Feb 22, 2018 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Would you pay off this debt?
Replies: 60
Views: 2123

Re: Would you pay off this debt?

You have $35k/year going into tax deferred. Anything being added to taxable? No Roths? Not currently Since both loans will be paid off under the current payment schedule before you reach your planned retirement age, I would focus first on maxing your available tax advantaged accounts. Assuming you'...
by ThriftyPhD
Thu Feb 22, 2018 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Would you pay off this debt?
Replies: 60
Views: 2123

Re: Would you pay off this debt?

Projected Expenses at 60 are $7K a month $84k/year after tax. Lets round this to $100k/year to account for taxes. This means you would need ~$2.5 million to have 4% SWR cover your expenses. You currently have a Net Worth of < $1 million, and want to retire in 7 years. Have you run the numbers on th...
by ThriftyPhD
Thu Feb 22, 2018 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Would you pay off this debt?
Replies: 60
Views: 2123

Re: Would you pay off this debt?

You have $35k/year going into tax deferred. Anything being added to taxable? No Roths? Since both loans will be paid off under the current payment schedule before you reach your planned retirement age, I would focus first on maxing your available tax advantaged accounts. Assuming you're both working...
by ThriftyPhD
Wed Feb 21, 2018 5:00 pm
Forum: Investing - Theory, News & General
Topic: Anyone subscribe to Socrates ?
Replies: 17
Views: 1771

Re: Anyone subscribe to Socrates ?

Bogleheads generally keep it simple. Sounds like there needs to be a Socratesheads forum to get the kind of analysis you want. And all questions on that forum should be answered with another question. Someone who knows Socrates or Amstrong had better chime in soon, otherwise: Has this thread run it...
by ThriftyPhD
Wed Feb 21, 2018 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: 403b plan forcing me from Vanguard to Fidelity!!
Replies: 9
Views: 626

Re: Oh no! 403b plan forcing me from Vanguard to Fidelity!!

Yes, as already mentioned

VIIIX = S&P 500
VIEIX = S&P Completion

The correct ratio is roughly 80:20 VIIIX:VIEIX. You can enter them into morningstar X ray and see how they compare to the total market fund at different ratios.
by ThriftyPhD
Wed Feb 21, 2018 2:33 pm
Forum: Personal Consumer Issues
Topic: Sams Club vs Costco
Replies: 78
Views: 5676

Re: Sams Club vs Costco

I also LOVE the free samples (though it depends on the store location -- Phoenix=great; Honolulu=average; New Orleans=awful). I would pay a premium for a higher tier membership if they got rid of the free samples. I know for some these are amazing, but I don't really need to taste a cube of cheddar...
by ThriftyPhD
Wed Feb 21, 2018 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: House rewiring - cost of copper
Replies: 29
Views: 1913

Re: House rewiring - cost of copper

Now about wiring for data going obsolete. I know of cat 5 cables that are running well over 100Mb/s, There are probably some cat 3s doing the same You can't guarantee it before hand but you can test it and if it works theres no need to pull new cat 6, particularly for short links in a typical house...
by ThriftyPhD
Wed Feb 21, 2018 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Large withdrawal in retirement
Replies: 11
Views: 665

Re: Large withdrawal in retirement

I guess I'm worried what if the market dropped substantially right after we made that one time large withdrawal? Better than right before the withdrawal :) If you're about to go under contract, might want to pull the money into cash so that you're not hit with a market downturn during the closing p...
by ThriftyPhD
Wed Feb 21, 2018 12:56 pm
Forum: Personal Consumer Issues
Topic: Multiple Offer situation/should we pull our offer?
Replies: 72
Views: 5318

Re: Multiple Offer situation/should we pull our offer?

I had one situation where the seller we offered on started getting squirrelly like this. My instinct was to walk away; sadly we didn't. Seller refused to negotiate on the extensive issues our inspector found, then it came out she thought the original offer was low, even with the issues uncovered, a...
by ThriftyPhD
Wed Feb 21, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Multiple Offer situation/should we pull our offer?
Replies: 72
Views: 5318

Re: Multiple Offer situation/should we pull our offer?

I had one situation where the seller we offered on started getting squirrelly like this. My instinct was to walk away; sadly we didn't. Seller refused to negotiate on the extensive issues our inspector found, then it came out she thought the original offer was low, even with the issues uncovered, a...
by ThriftyPhD
Wed Feb 21, 2018 12:25 pm
Forum: Personal Consumer Issues
Topic: Multiple Offer situation/should we pull our offer?
Replies: 72
Views: 5318

Re: Multiple Offer situation/should we pull our offer?

I had one situation where the seller we offered on started getting squirrelly like this. My instinct was to walk away; sadly we didn't. Seller refused to negotiate on the extensive issues our inspector found, then it came out she thought the original offer was low, even with the issues uncovered, an...
by ThriftyPhD
Wed Feb 21, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: House rewiring - cost of copper
Replies: 29
Views: 1913

Re: House rewiring - cost of copper

If I wasn't in a big hurry, I would thoroughly research smart circuits and home automation, sound, entertainment, video, security, outdoor lighting, data cabling AND wireless options before embarking on a house rewire. The best practice is to go wireless? The problem is that wired technologies go o...
by ThriftyPhD
Wed Feb 21, 2018 9:26 am
Forum: Investing - Help with Personal Investments
Topic: 401K S&P 500 Index vs. VTSAX
Replies: 8
Views: 805

Re: 401K S&P 500 Index vs. VTSAX

In addition to putting Small/Mid cap in an IRA to balance out, consider an international index. If your 401k doesn't have a good international index option, this can go in your Roth as well.
by ThriftyPhD
Tue Feb 20, 2018 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: Spending and saving - am I on it, or in for it?
Replies: 25
Views: 3094

Re: Spending and saving - am I on it, or in for it?

It’s not as if I’m investing in the market, people always need rentals (where we live anyway) One more thing. You'll note that there are some on bogleheads that are pretty strongly against real estate. That is not the case for me, I think real estate is fine for investing if you're willing to put i...
by ThriftyPhD
Tue Feb 20, 2018 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Spending and saving - am I on it, or in for it?
Replies: 25
Views: 3094

Re: Spending and saving - am I on it, or in for it?

I should add that my in-laws have a home in a very high income area that they intend to leave to us, in addition to an unknown inheritance (they currently gift us between 20-30k per year from a trust, most years) and my Dad has also saved well and told me he’ll be leaving us and/or our kids money. ...
by ThriftyPhD
Tue Feb 20, 2018 3:41 pm
Forum: Personal Consumer Issues
Topic: Price of home heating oil vs gasoline?
Replies: 18
Views: 644

Re: Price of home heating oil vs gasoline?

How much would you have to pay for a gallon of gas delivered to your house and put in your car? Or vice versa: How much would you have to pay for a gallon of heating oil if you loaded up and drove your heating oil tank to the local distribution point and filled it up yourself? I buy gasoline in amo...
by ThriftyPhD
Tue Feb 20, 2018 3:34 pm
Forum: Personal Consumer Issues
Topic: Price of home heating oil vs gasoline?
Replies: 18
Views: 644

Re: Price of home heating oil vs gasoline?

As mentioned, heating oil is closer to diesel, so you would want to compare it to the going rate for diesel rather than gasoline.

$3.75 seems very high though. Do you shop around each time you have it filled?
by ThriftyPhD
Tue Feb 20, 2018 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: Investing vs student debt
Replies: 13
Views: 618

Re: Investing vs student debt

What's the interest rate on the loans?
by ThriftyPhD
Tue Feb 20, 2018 9:32 am
Forum: Personal Consumer Issues
Topic: 26 foot Box Truck Rental Questions (Tolls and Insurance)
Replies: 10
Views: 581

Re: 26 foot Box Truck Rental Questions (Tolls and Insurance)

Check the serial number for the truck with the serial number on your contract. Make sure these match. When you turn in the truck, DO NOT use an overnight dropoff. Drop it off during the day, hand the keys to a human, insist on getting a receipt. Make sure the serial number on the receipt matches the...
by ThriftyPhD
Mon Feb 19, 2018 3:14 pm
Forum: Personal Consumer Issues
Topic: Best plants to grow to save money for food costs
Replies: 93
Views: 4897

Re: Best plants to grow to save money for food costs

I would like to start a modest food growing project. I only want to grow things that are relatively expensive to buy at stores but which yet are easy to care for at home. The primary goal is to save on costs. What type of plants would you recommend? Off the top of my mind, I think herbs would proba...
by ThriftyPhD
Mon Feb 19, 2018 2:25 pm
Forum: Investing - Help with Personal Investments
Topic: Tapping 401(k) Assets Prior to Age 59 1/2
Replies: 12
Views: 983

Re: Tapping 401(k) Assets Prior to Age 59 1/2

There is also the Rule of 55 where you can withdraw from the 401k without penalty if you separate from that employer after the age of 55. Here is the IRS Page . The following additional exceptions apply only to distributions from a qualified retirement plan other than an IRA: Distributions made to ...
by ThriftyPhD
Mon Feb 19, 2018 2:19 pm
Forum: Investing - Help with Personal Investments
Topic: Trad or Roth IRA for current situation
Replies: 2
Views: 192

Re: Trad or Roth IRA for current situation

What is your expectation for future income? Are you expecting rapid salary increases, or is your current income going to be pretty stable? That could be a factor in Roth vs Traditional. Also take a look at Saver's Credit . If you can get your AGI below a certain threshold by contributing more to you...
by ThriftyPhD
Mon Feb 19, 2018 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Tapping 401(k) Assets Prior to Age 59 1/2
Replies: 12
Views: 983

Re: Tapping 401(k) Assets Prior to Age 59 1/2

There is also the Rule of 55 where you can withdraw from the 401k without penalty if you separate from that employer after the age of 55. Here is the IRS Page . The following additional exceptions apply only to distributions from a qualified retirement plan other than an IRA: Distributions made to y...
by ThriftyPhD
Sun Feb 18, 2018 1:44 pm
Forum: Personal Consumer Issues
Topic: Sams Club vs Costco
Replies: 78
Views: 5676

Re: Sams Club vs Costco

There might be a reason why there were long lines at Costco and not at Sam's :) I've had memberships at both. I got a membership and Sam's when I lived in a town without a Costco. I found the experience at Sam's to be inferior to Costco, but still useful enough that I kept the membership until movin...
by ThriftyPhD
Sat Feb 17, 2018 9:53 pm
Forum: Personal Consumer Issues
Topic: Any Creative Ways to Cut the Cable?
Replies: 49
Views: 4122

Re: Any Creative Ways to Cut the Cable?

I wish I could go internet only but Comcast charges more for internet than internet+tv... It's possible, but look closely. We had the same thought so initially signed up for a cable package even though we didn't think we would use it much. Once you add on the cable box rental, remote rental, HD fee...
by ThriftyPhD
Sat Feb 17, 2018 9:32 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6593

Re: PSA: Bank of America now charges $12/month for checking

What's the upside of using BoA over your local credit union? (legit question) Depends on your local credit union. Most credit unions have non existent or terrible online systems. If these are valuable to you, this can be a deal breaker. BofA and other big national banks generally have good websites...
by ThriftyPhD
Fri Feb 16, 2018 3:20 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6593

Re: PSA: Bank of America now charges $12/month for checking

... I'll avoid the extended nesting of quotes :) It obviously comes down to what you value and the options available to you. For someone who wants an empty checking account, BofA is clearly not a good fit. Perhaps their local CU offers 3% interest and no fees on their $0 deposit :) Personally, I've...
by ThriftyPhD
Fri Feb 16, 2018 2:27 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6593

Re: PSA: Bank of America now charges $12/month for checking

But local CUs have terrible rates to. What does your local CU offer to get you choose them? Most of my local CUs offer rates on CDs that are 4 or 5 times the rates local banks offer. Also a cu has never tried to rip me off or do me in in other ways, as b of a and another big bank did. Local bank CD...
by ThriftyPhD
Fri Feb 16, 2018 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6487

Re: How to get child's skin in the game for college?

What was her response when you asked dd what her plans / goals are and how she will know she's on the right track to achieve them? Funny you asked.. We ask her and she has brilliant plans and ideas and is very positive and optimistic about her plans. But that has been the case always whenever we've...
by ThriftyPhD
Fri Feb 16, 2018 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 135
Views: 6487

Re: How to get child's skin in the game for college?

Try to think in the mindset of a high school student. They're going from an environment where having $20 of spending money made them rich, to an environment where they're signing for $20,000 in tuition. I know from my experience, the numbers were so large, and so beyond my experience, they started t...
by ThriftyPhD
Fri Feb 16, 2018 10:18 am
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6593

Re: PSA: Bank of America now charges $12/month for checking

I'm going to try getting some of the fees reversed now that I have the account padded with $1500. - Should I just march into a branch and talk to the manager? - Or try the 'customer support' phone number? (The very thought gives me hives.... I hate BofA phone CS) Is it worth your time and fuel cost...
by ThriftyPhD
Fri Feb 16, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6593

Re: PSA: Bank of America now charges $12/month for checking

But local CUs have terrible rates to. What does your local CU offer to get you choose them? Most of my local CUs offer rates on CDs that are 4 or 5 times the rates local banks offer. Also a cu has never tried to rip me off or do me in in other ways, as b of a and another big bank did. Local bank CD...
by ThriftyPhD
Thu Feb 15, 2018 4:42 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6593

Re: PSA: Bank of America now charges $12/month for checking

Local credit union or an online bank are the way to go. There is literally no reason for anyone to do deposit-side banking at BoA other than inertia, and I say that as a shareholder. Is there a reason NOT to use BofA or similar big bank? Does your local credit union offer you something that BofA do...
by ThriftyPhD
Thu Feb 15, 2018 3:46 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6593

Re: PSA: Bank of America now charges $12/month for checking

I don't think anyone is OK with paying bank fees. I wouldn't pay them. But I'm OK with a bank charging them for account that doesn't meet some reasonable metrics to avoid the fee, such as an account minimum or a requirement for direct deposit. If you're not using the account, why keep it open? It's...