Search found 267 matches

by NextMil
Thu Jun 21, 2018 8:54 am
Forum: Personal Consumer Issues
Topic: Hands-free solutions
Replies: 15
Views: 512

Re: Hands-free solutions

I would second a bluetooth cowtag. Motorola makes some cheap nice ones that you can get on amazon. Personally, I use apple AirPods, but I use them for everything - including music and conference calls at the office. I love them. One of the best apple inventions ever. Other option would be to get a n...
by NextMil
Wed Jun 20, 2018 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Anyone regret paying off mortgage early?
Replies: 453
Views: 100210

Re: Anyone regret paying off mortgage early?

There is a great extra payments spreadsheet on Vertex42 that has every single month of your mortgage for its lifetime and recalculates when you change anything. I use the exact same spreadsheet. I always adjust the principal amount each time I make a payment. Do you use the snowflake method? I have...
by NextMil
Tue Jun 19, 2018 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 105
Views: 8017

Re: How much (green) cash at home for emergency ?

$1k dedicated in the safe, and approximately another $1k+/- in envelopes for monthly spending. Nothing over a $20 bill. Plus two different debit cards with an increased withdrawal limit.
by NextMil
Thu Jun 14, 2018 2:53 pm
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage early
Replies: 43
Views: 3473

Re: Paying off mortgage early

Here is our approach: 1) We round the mortgage payment up a little to get a small amount of additional principal reduction every month. 2) Our monthly budget already includes tax deferred savings, so any savings over my budget goes to taxable investments. 3) We have a "sell trigger" balance for tax...
by NextMil
Thu Jun 14, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Boring Job
Replies: 64
Views: 6985

Re: Boring Job

Take graduate/professional development courses on the clock. And appreciate what you have...someday, you'll look back on this job fondly. +1 You have been given a gift of time. Get entrepreneurial with your time. Treat yourself as "you inc," and you could find yourself skyrocketing to stardom in yo...
by NextMil
Thu Jun 14, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Paying off mortgage early
Replies: 43
Views: 3473

Re: Paying off mortgage early

This answer can only be right if your investments are 100% stock. Otherwise, given this rate, you can get a better benefit for the same risk level by paying down the mortgage, and moving an equal amount from bonds to stock. I am on the other side of this. My mortgage with 10 years left is 2.625%, w...
by NextMil
Wed Jun 13, 2018 10:44 am
Forum: Personal Consumer Issues
Topic: How do you celebrate (potty trained kid) milestone with your spouse?
Replies: 93
Views: 4738

Re: How do you celebrate (potty trained kid) milestone with your spouse?

...or take your wife out for a nice dinner and tell her you appreciate her for her hard work with your child, but I wouldn’t celebrate potty training. So strange. To me this would be celebrating the potty training. Child rearing is hard. My wife and I haven't had a vacation in 5 years and have aver...
by NextMil
Wed Jun 13, 2018 10:39 am
Forum: Investing - Help with Personal Investments
Topic: [Looking for ways to reduce taxes and keep more of my income]
Replies: 91
Views: 8626

Re: Getting killed on taxes - any ideas?

You are getting absolutely destroyed by people here, but I will say, I understand your point of view. With a high income, seeing the raw numbers come out somehow hurts worse than if you figure the actual tax rate which actually isn't that terrible, but to folks not making this sort of cash, its rea...
by NextMil
Wed Jun 13, 2018 4:35 am
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 185
Views: 15326

Re: Top Shelf Liquor Overrated?

Anyone try Johnny Walker Red Label? It's absolutely disgusting. I think most people that purchase it use it for mixing. This. It is intended to be mixed with cola. Black is the lowest level JW that is drinkable straight. The strange thing is that at that price point there are so many better non-ble...
by NextMil
Wed Jun 13, 2018 4:25 am
Forum: Personal Consumer Issues
Topic: How do you celebrate (potty trained kid) milestone with your spouse?
Replies: 93
Views: 4738

Re: How do you celebrate (potty trained kid) milestone with your spouse?

We high fived the first time, then in the days after we realized it was pre-mature. The second time around we waited to high five. No offense, but I find it comical that you would celebrate this moment as well. Seems very odd to me, and I have never heard anyone do it. Are you going to celebrate whe...
by NextMil
Wed Jun 13, 2018 4:14 am
Forum: Personal Consumer Issues
Topic: How do you celebrate (potty trained kid) milestone with your spouse?
Replies: 93
Views: 4738

Re: How do you celebrate (potty trained kid) milestone with your spouse?

PVW wrote:
Mon Jun 11, 2018 2:37 pm
A participation trophy and some avocado toast.
I laughed out loud.
by NextMil
Tue Jun 12, 2018 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: [Looking for ways to reduce taxes and keep more of my income]
Replies: 91
Views: 8626

Re: Getting killed on taxes - any ideas?

You are getting absolutely destroyed by people here, but I will say, I understand your point of view. With a high income, seeing the raw numbers come out somehow hurts worse than if you figure the actual tax rate which actually isn't that terrible, but to folks not making this sort of cash, its real...
by NextMil
Mon Jun 11, 2018 11:57 am
Forum: Personal Consumer Issues
Topic: Can we discuss whisk?
Replies: 29
Views: 2887

Re: Can we discuss whisk?

Rosle.
by NextMil
Mon Jun 11, 2018 11:52 am
Forum: Personal Consumer Issues
Topic: Tv mount with no studs
Replies: 20
Views: 1878

Re: Tv mount with no studs

To throw another wrench in this, if its in your basement and you don't have a bunch of windows, have you considered a projector and screen setup? The prices have come way down. This assumes, of course, that you have not purchased a tv already.
by NextMil
Mon Jun 04, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Thoughts on changing job to lower title for the experience?
Replies: 22
Views: 774

Re: Thoughts on changing job to lower title for the experience?

Yes, I would do it in a heartbeat. Onward and upward. You can easily explain it if you get questions on it in the future.
by NextMil
Mon Jun 04, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: new job bigger take home pay
Replies: 15
Views: 1832

Re: new job bigger take home pay

Nothing of substance to add, but just wanted to say congratulations. Nice work!
by NextMil
Mon Jun 04, 2018 8:28 am
Forum: Personal Finance (Not Investing)
Topic: What have you tapped your emergency fund for?
Replies: 15
Views: 1700

Re: What have you tapped your emergency fund for?

Other than an unforeseen tax bill, nothing thankfully. So glad it is there though. I went through the agonizing back and forth on investing it, and the seasoned folks on here convinced me it’s best to keep it in cash.
by NextMil
Mon Jun 04, 2018 8:19 am
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8585

Re: is Having more and needing less normal?

I have an inexpensive gym membership that I am happy to pay for, because I cannot fit 20,000 square feet of gym equipment in my house or garage. There are some that would say just as you don't need 10-20 funds in your investing portfolio, you don't need 20,000 square feet of gym equipment to be fit...
by NextMil
Mon Jun 04, 2018 6:27 am
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8585

Re: is Having more and needing less normal?

I have an inexpensive gym membership that I am happy to pay for, because I cannot fit 20,000 square feet of gym equipment in my house or garage. I also do not care what the self righteous facial hair crowd thinks about how little gym equipment you need for a workout, because I like leaving my house ...
by NextMil
Fri Jun 01, 2018 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: is Having more and needing less normal?
Replies: 113
Views: 8585

Re: is Having more and needing less normal?

TheTimeLord wrote:
Thu May 31, 2018 10:42 pm
I guess I will never quite get the BH hatred of gyms, yoga studios and trainers. But I am neither a big time DIYer or minimalist so different strokes.
Love my gym membership. I find daily exercise is key to being effective in all other areas of life, and love the post workout high.
by NextMil
Fri Jun 01, 2018 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Beach condo vs mountain cabin investment property
Replies: 30
Views: 2531

Re: Beach condo vs mountain cabin investment property

Just curious for those that do own, I assume after owning, your recommendation would be to rent places for your trips rather than owning?
by NextMil
Thu May 31, 2018 8:12 pm
Forum: Personal Consumer Issues
Topic: Top Shelf Liquor Overrated?
Replies: 185
Views: 15326

Re: Top Shelf Liquor Overrated?

I’ve been comparing: Gordon’s Gin to Blue Sapphire Evan Williams Bourbon to Maker’s Mark Smirnoff Vodka to Grey Goose Kirkland Canadian Whiskey to Crowne Royale Kirkland Cognac to Remy Martin In most of these examples a half gallon is the same price as a fifth of the more expensive liquor. They are...
by NextMil
Thu May 31, 2018 6:44 pm
Forum: Personal Consumer Issues
Topic: Advice for assisting 18 year old son after high school
Replies: 70
Views: 5238

Re: Advice for assisting 18 year old son after high school

If it were me in your shoes, I wouldn't pay the stipend. Paying the money to the gracious uncle is fine and I even think helping with car insurance is fine but I would make him spend the money he earns for clothing and other necessities, at least for the time being until he has learned to manage mo...
by NextMil
Thu May 31, 2018 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Have $3m at 33, "approach to career" advice needed
Replies: 99
Views: 12435

Re: Have $3m at 33, "approach to career" advice needed

This is the most depressing thread, and not for the reasons you think. Other than the 40 year old that parked his can on the beach for a year, (no offense, but...) not a one of us is qualified to give you reasonable advice, because we haven’t a clue of what you are facing or feeling since 99.9% are ...
by NextMil
Thu May 31, 2018 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Beach condo vs mountain cabin investment property
Replies: 30
Views: 2531

Re: Beach condo vs mountain cabin investment property

Assume you are DINKS, but have to ask. Kids? Planing for them?

If you are wanting to buy resort/vacation property, always buy on the dip, unless you are filthy rich. I would vote beach, but its almost double the travel time, unless there are flights.
by NextMil
Thu May 31, 2018 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to HCOL, worried, need help.
Replies: 14
Views: 2134

Re: Moving to HCOL, worried, need help.

Just found out tonight that my current home that is less than two years old may have foundation cracks.... The next couple of years are going to be really hard financially. I think everyone sees the desperation in your words, but slow down. People a lot less smart have made it work, you can too. As...
by NextMil
Thu May 31, 2018 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Profile: The Road to 1Million USD
Replies: 42
Views: 8421

Re: Profile: The Road to 1Million USD

What can I do better? If I were you, since you have everything covered (although I am not a fan of crypto) I would kill it at work and chase promotions. You should easily hit $1m, but you will hit it a lot faster if you can get your income up. I am actually trying to sell it off at some point (the ...
by NextMil
Thu May 31, 2018 11:37 am
Forum: Personal Finance (Not Investing)
Topic: What to do after maxing retirement contributions?
Replies: 31
Views: 3451

Re: What to do after maxing retirement contributions?

20 years vs 10 years is double the amount of time of exposure where you could take a hit. Risk is hard to measure, and everyone views it differently. I don't fault you for your view, I just don't share it. If OP didn't have a large emergency fund and wasn't maxing retirement, I might be closer to yo...
by NextMil
Thu May 31, 2018 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Profile: The Road to 1Million USD
Replies: 42
Views: 8421

Re: Profile: The Road to 1Million USD

kaeltor wrote:
Thu May 31, 2018 10:33 am
What can I do better?
If I were you, since you have everything covered (although I am not a fan of crypto) I would kill it at work and chase promotions. You should easily hit $1m, but you will hit it a lot faster if you can get your income up.
by NextMil
Thu May 31, 2018 11:26 am
Forum: Personal Finance (Not Investing)
Topic: What to do after maxing retirement contributions?
Replies: 31
Views: 3451

Re: What to do after maxing retirement contributions?

I would work on paying off the mortgage, and some into taxable - its actually exactly what I do. You have a large emergency fund, and piling cash into retirement, so you have risk pretty darn well covered. I think its much riskier in your case to hold onto the mortgage a day longer than necessary, p...
by NextMil
Wed May 30, 2018 2:03 pm
Forum: Personal Consumer Issues
Topic: My mind exploded
Replies: 79
Views: 4648

Re: My mind exploded

Thanks for the comments. I should be rational about this, but, its hard. Some of that money came from my brother that hasn't paid for his student loans or funded his kids 529's. Yes, her money, she should do what she wants. However there is an implied and frankly explicit social contract that says ...
by NextMil
Wed May 30, 2018 1:52 pm
Forum: Personal Consumer Issues
Topic: My mind exploded
Replies: 79
Views: 4648

Re: My mind exploded

You are offended? Your daughter spent her money on something and you are offended. First, if you said one thing about paying for insurance, university, gas, car repair and phone you need to apologize, those were your decisions and unless they were part of a deal where she agreed not to buy expensiv...
by NextMil
Wed May 30, 2018 9:09 am
Forum: Personal Finance (Not Investing)
Topic: Do you have a monthly household budget?
Replies: 63
Views: 3930

Re: Do you have a monthly household budget?

Yes. I built an excel spreadsheet that tracks everything, and I overestimate monthly bills. Anything left over gets shoved into investments and mortgage pay down. I couldn't imagine not doing it, and takes about 5 minutes a month. Once a month I copy the the tab and paste it for the next month, and ...
by NextMil
Wed May 30, 2018 8:22 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Purchased Money Funds, CDs, Bonds, ... best yield after tax
Replies: 21
Views: 1961

Re: Schwab Purchased Money Funds, CDs, Bonds, ... best yield after tax

Coconut Cream Pie wrote:
Sun May 27, 2018 7:14 pm
PFInterest wrote:
Sun May 27, 2018 5:51 pm
2 months later....only 10 more months to go.
Wer den Pfennig nicht ehrt, ist des Talers nicht wert.
FWIW, Schwab told me that they calculate the comparison return at the highest tax level.

Pfennig? Hoffentlich mehr als ein Pfennig.
by NextMil
Wed May 30, 2018 8:16 am
Forum: Personal Consumer Issues
Topic: Router hack, have you acted?
Replies: 101
Views: 8759

Re: Router hack, have you acted?

It is good to run this check to see if your equipment is exposed to hackers: https://www.grc.com/x/ne.dll?bh0bkyd2 I have no way of knowing, but, clicking random links on a message board is generally a foolish idea. This may be just fine, it may be an exploit. Do your own due diligence. It could al...
by NextMil
Tue May 29, 2018 2:34 pm
Forum: Personal Consumer Issues
Topic: Advice on neighbor not keeping up his property...
Replies: 103
Views: 7422

Re: Advice on neighbor not keeping up his property...

Keep taking care of your house and landscaping. Buy a bottle of scotch for when it really really bothers you. Also, as someone who also let’s things bother them too much, let it go, move on, otherwise it will eat you. I know, easier to say than do, but trust me, it will eat you alive.
by NextMil
Tue May 29, 2018 4:25 am
Forum: Personal Consumer Issues
Topic: Please help with grocery budget
Replies: 51
Views: 4234

Re: Please help with grocery budget

Like everything else you need a plan. Www.plantoeat.com

It’s $40 for the year, but it will save you that cash easily. Takes about 15 minutes to meal plan the week, and will ensure you do not buy nonsense or too much of anything. Think of it as the diy version of blue apron.
by NextMil
Sat May 26, 2018 6:14 pm
Forum: Personal Consumer Issues
Topic: Alexa Echo sent family's audio file to a contact
Replies: 64
Views: 5737

Re: Alexa Echo sent family's audio file to a contact

I agree. Sometimes it’s better to be hidden in plain sight. On the other hand the Chinese farms are gobbling up data from the socials at a breakneck rate. Forget Facebook. The bad actors are the ones you cannot see.
by NextMil
Sat May 26, 2018 6:02 pm
Forum: Personal Consumer Issues
Topic: Alexa Echo sent family's audio file to a contact
Replies: 64
Views: 5737

Re: Alexa Echo sent family's audio file to a contact

The world will always have Luddites. In functional terms a "Luddite" is just someone who is more cautious about a particular technology than the person wielding the pejorative description "Luddite." :) In any case, anyone using a sophisticated computer on a high speed connection to a personal finan...
by NextMil
Sat May 26, 2018 5:39 pm
Forum: Personal Consumer Issues
Topic: Alexa Echo sent family's audio file to a contact
Replies: 64
Views: 5737

Re: Alexa Echo sent family's audio file to a contact

The world will always have Luddites. In functional terms a "Luddite" is just someone who is more cautious about a particular technology than the person wielding the pejorative description "Luddite." :) In any case, anyone using a sophisticated computer on a high speed connection to a personal finan...
by NextMil
Sat May 26, 2018 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Bank account or Brokerage account for child?
Replies: 20
Views: 1114

Re: Bank account or Brokerage account for child?

mhalley wrote:
Thu May 24, 2018 2:08 pm
Custodial account at schwab, you can buy funds with very low minimums and throw in some bonds to mitigate stock market losses.
I called them last week about this. How easy to open?
by NextMil
Fri May 25, 2018 7:30 pm
Forum: Personal Consumer Issues
Topic: Alexa Echo sent family's audio file to a contact
Replies: 64
Views: 5737

Re: Alexa Echo sent family's audio file to a contact

The world will always have Luddites.
by NextMil
Fri May 25, 2018 8:23 am
Forum: Personal Consumer Issues
Topic: Rum and Summer Cocktails
Replies: 30
Views: 2042

Re: Rum and Summer Cocktails

I think conventional wisdom is that if you are mixing it with anything you want a decent, not expensive rum, because the high end stuff is really for sipping by itself. The minute you introduce a mixer its just a waste of money using a higher end rum. Captain Morgans or Bacardi is fine for anything ...
by NextMil
Fri May 25, 2018 8:12 am
Forum: Personal Consumer Issues
Topic: When did this start?? [Restaurant tipping on total bill]
Replies: 58
Views: 3873

Re: When did this start??

I've noticed this before and it's a bit sneaky in my opinion. I'm an ok tipper (not horrible, not great). I think it'll all poorly constructed because the back of the kitchen line chefs need better income support. Ex: if you have really good food you might leave a better tip, but that doesn't go to...
by NextMil
Fri May 25, 2018 8:07 am
Forum: Personal Finance (Not Investing)
Topic: I've never budgeted sucessfully
Replies: 59
Views: 4936

Re: I've never budgeted sucessfully

That is exactly how I do it too. One checking account that pays all the bills. Its so brilliantly simple.
by NextMil
Fri May 25, 2018 7:54 am
Forum: Personal Consumer Issues
Topic: Alexa Echo sent family's audio file to a contact
Replies: 64
Views: 5737

Re: Alexa Echo sent family's audio file to a contact

I dumped my echo for a home pod when apple said they view privacy as a human right. Maybe I am naive, but I love the home pod, amazing sound that way outperforms the 2nd gen echo, and it does everything I want it to do, and I don't have to scream at it for it to work. I am sure there will be people ...
by NextMil
Fri May 25, 2018 7:42 am
Forum: Personal Consumer Issues
Topic: When did this start?? [Restaurant tipping on total bill]
Replies: 58
Views: 3873

Re: When did this start??

Always tip on the full amount. 20% if Service is is good. 15% or 10% if mediocre or terrible. 20+% and a note on tab that you had great service if it was outstanding. The latter helps a server get better shifts, and if they are good you are helping diners to obtain better service. Don’t try to reaso...
by NextMil
Fri May 25, 2018 7:18 am
Forum: Personal Finance (Not Investing)
Topic: I've never budgeted sucessfully
Replies: 59
Views: 4936

Re: I've never budgeted sucessfully

This will probably come off as arrogant, even though its not meant to, but it baffles me that anyone thinks its a lot of work or hard to do, or you need some fancy program. I have an excel spreadsheet that works the same every month (copy and paste), a checking account that pays all the bills on aut...
by NextMil
Wed May 23, 2018 7:22 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing a house, downpayment vs. retirement and other considerations
Replies: 158
Views: 5746

Re: Purchasing a house, downpayment vs. retirement and other considerations

Needham vs. Natick...isn't this how the Hattfields and McCoys started? Brantley, in case you have not considered this, but Chillyuber was trying to help you, and you basically insulted him. When it comes to real estate, especially locational purchases, people get really touchy. Its why both of you a...
by NextMil
Wed May 23, 2018 5:34 pm
Forum: Personal Finance (Not Investing)
Topic: Purchasing a house, downpayment vs. retirement and other considerations
Replies: 158
Views: 5746

Re: Purchasing a house, downpayment vs. retirement and other considerations

He early on said the town was something approved by in laws or something to that affect. So it seems Needham or bust. You clearly are going to buy it or already bought it. In either case, ask for the yearly gift max and shove that into the mortgage and recast yearly. This thing will put the hurt on ...