Search found 373 matches

by 28fe6
Wed Apr 17, 2019 11:51 pm
Forum: Personal Finance (Not Investing)
Topic: Not Maxing 401K OK?
Replies: 35
Views: 3044

Re: Not Maxing 401K OK?

I assume OP is in 12% bracket. The bracket ends at about $77,000 dollars for MFJ. Thus, in retirement one must be showing more $77k in taxable income before they will be kicked into the next bracket (i.e. before Roth makes sense). With a $24k standard deduction, that means you have to be withdrawing...
by 28fe6
Wed Apr 17, 2019 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Not Maxing 401K OK?
Replies: 35
Views: 3044

Re: Not Maxing 401K OK?

I would not contribute to the Roth over tax deferred unless 1) you have at least a million dollars in tax deferred accounts already or 2) you are maxing your 401k AND you are not eligible for traditional IRA contribution. If you "hate paying taxes" then you shouldn't be contributing to the Roth if y...
by 28fe6
Tue Apr 16, 2019 7:57 pm
Forum: Personal Consumer Issues
Topic: Washing Machine that uses a LOT of Water
Replies: 42
Views: 2672

Re: Washing Machine that uses a LOT of Water

In addition to adding more water, add 1 teaspoon of trisodium phosphate to each load.

Oxiclean is also good.
by 28fe6
Tue Apr 16, 2019 8:44 am
Forum: Personal Consumer Issues
Topic: What Are Your Simple Pleasures?
Replies: 100
Views: 5290

Re: What Are Your Simple Pleasures?

coffee
by 28fe6
Sun Apr 14, 2019 9:36 pm
Forum: Personal Consumer Issues
Topic: Where To Get New Bikes
Replies: 64
Views: 3750

Re: Where To Get New Bikes

Don't buy any department store bike. Even if you buy a $200 bike from LBS you will be better off.

Also check the used rack and Craigslist.
by 28fe6
Fri Apr 12, 2019 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Money Market Account - tell me about your experience
Replies: 25
Views: 2476

Re: Ally Money Market Account - tell me about your experience

The Ally MM account is pointless. Just open a checking account and 2 savings accounts. Transfer money to the checking account as needed via Ally app. Takes 30 seconds. The checking account has unlimited transactions and free ATMs. The second savings account is so you can do 11 transfers a month ins...
by 28fe6
Wed Apr 10, 2019 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Any benefits to low salary job with high income spouse?
Replies: 14
Views: 3147

Re: Any benefits to low salary job with high income spouse?

Also eligibilty for ss disability benefits (in a way it is like purchasing long-term disability insurance which the private market does not really offer for stay-at-home parents). Can you tell me more about this? My wife doesn't work, and I'm bothered that we have no disability insurance on her. I ...
by 28fe6
Tue Apr 09, 2019 7:59 pm
Forum: Personal Finance (Not Investing)
Topic: How do 40 year olds decide what they can afford?
Replies: 85
Views: 9400

Re: How do 40 year olds decide what they can afford?

As I get older I want less and less to buy or own things. Most of the toys I bought in the past I have either moved on from, or I regret. Every now and then I think I want a nice motorcycle or something, but then I realize after a while it would be just one more thing to maintain and insure.
by 28fe6
Sun Apr 07, 2019 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: How to get cash quickly
Replies: 102
Views: 5699

Re: How to get cash quickly

What happened to OP? I guess the mob leg breakers got to him? It turned out to be the yakuza. They abducted me and sold my for my engineering skills. Now I am stuck in a Singaporean crime syndicate reverse-engineering US AI microchips for the Chinese government and washing dishes for one of their f...
by 28fe6
Thu Apr 04, 2019 5:24 pm
Forum: Personal Consumer Issues
Topic: French movies on Netflix
Replies: 40
Views: 1908

French movies on Netflix

I'm starting a study course in French language and I am looking for exposure options. I understand that French cinema is a thing, so are there any recommendations for good French movies (or TV shows I guess) that are available on DVD or streaming video? I'm not into soap operas or sitcoms but I'm mo...
by 28fe6
Tue Apr 02, 2019 11:48 am
Forum: Personal Finance (Not Investing)
Topic: How to get cash quickly
Replies: 102
Views: 5699

Re: How to get cash quickly

Ally did not send my wire-transfer request. I called and spoke to a rep and she said that it could take 1 to 2 days to send. She also said they might call me to confirm the wire transfer, but she couldn't give me a time or date to expect the call. Since I can't be available to take phone calls durin...
by 28fe6
Mon Apr 01, 2019 7:36 pm
Forum: Personal Finance (Not Investing)
Topic: How to get cash quickly
Replies: 102
Views: 5699

Re: How to get cash quickly

The item is relatively rare machinery. The machine is at the seller's house and I have already went to look at it. There are multiple people interested and I also bargained the seller down with cash so I need cash. It's in a neighboring town and I have to consider my work travel schedule.
by 28fe6
Mon Apr 01, 2019 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: How to get cash quickly
Replies: 102
Views: 5699

Re: How to get cash quickly

And you were asked about wiring money from Ally. How's that going? Ally was not as scrupulous as Vanguard with regards to wire transfers to un-verified accounts, so I went ahead and did a wire transfer request. They charge $20, which is more than I wanted to pay, but that seems to be the cost of no...
by 28fe6
Mon Apr 01, 2019 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: How to get cash quickly
Replies: 102
Views: 5699

Re: How to get cash quickly

Micro deposits are one of the ways that you can verify an external account. It is not the only way. Vanguard's website will let you send a wire transfer, but it will only let you send it to verified accounts. You can clearly see this when you go to send a wire transfer on their website; there is onl...
by 28fe6
Mon Apr 01, 2019 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: How to get cash quickly
Replies: 102
Views: 5699

Re: How to get cash quickly

So why didn't you withdraw from your margin account via a wire transfer? I don't need to use margin. I have tons of "cash" in (online) checking and savings accounts. The issue is obtaining actual paper bills in amounts too large to get from an ATM. I tried to do a wire transfer to a local bank so I...
by 28fe6
Mon Apr 01, 2019 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: How to get cash quickly
Replies: 102
Views: 5699

Re: How to get cash quickly

So why didn't you withdraw from your margin account via a wire transfer? I don't need to use margin. I have tons of "cash" in (online) checking and savings accounts. The issue is obtaining actual paper bills in amounts too large to get from an ATM. I tried to do a wire transfer to a local bank so I...
by 28fe6
Mon Apr 01, 2019 4:09 pm
Forum: Personal Finance (Not Investing)
Topic: How to get cash quickly
Replies: 102
Views: 5699

Re: How to get cash quickly

It doesn't help the OP now, but my take is that the the moral of the story is simple: keep some cash on hand. I used to keep about $6000 in a safe at home. However, based on interest rate of 2%, it was costing me $120 per year to maintain, and I never needed it. So when I moved, I didn't want to mo...
by 28fe6
Mon Apr 01, 2019 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: How to get cash quickly
Replies: 102
Views: 5699

Re: How to get cash quickly

US Postal Money Orders? https://faq.usps.com/s/article/Money-Orders-The-Basics The limit for USPS money orders is $1000. I can purchase 4 money orders in order to add up to $3500, which would cost $6.80. However the buyer specified cash only. Money orders are not cash. Could I turn around and have ...
by 28fe6
Mon Apr 01, 2019 3:31 pm
Forum: Personal Finance (Not Investing)
Topic: How to get cash quickly
Replies: 102
Views: 5699

How to get cash quickly

I just moved to a new state. I closed my previous local credit union. All my funds are at Ally, Fidelity, Vanguard etc. I have paper checks from Ally. Now I need about $3500 cash, by tomorrow, to buy something and the seller won't take a check. --I can't get $3500 out of an ATM, as far as I know --I...
by 28fe6
Sat Mar 30, 2019 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Keeping a stash of vacation days as unemployment "insurance"
Replies: 70
Views: 4828

Re: Keeping a stash of vacation days as unemployment "insurance"

A previous colleague worked for a company that went bankrupt suddenly. They did not get their vacation paid out. There was a lawsuit over it, but it didn't go anywhere. When I worked with him, he took a half-day every Friday and never accrued any vacation. In fact, I think he was always at the maxim...
by 28fe6
Sat Mar 30, 2019 8:44 am
Forum: Personal Finance (Not Investing)
Topic: Passed Over For Promotion for Being too Good at My Job
Replies: 55
Views: 5435

Re: Passed Over For Promotion for Being too Good at My Job

This kind of thing is very common. It's important not to be emotional. Managers have to deal with all types of people; have to do something with them. If you are a manager and need a junior manager and your choice is between promoting/sniping a top of the line engineer, then trying to backfill them,...
by 28fe6
Fri Mar 29, 2019 9:51 pm
Forum: Personal Consumer Issues
Topic: Best car seat for air travel
Replies: 30
Views: 1411

Re: Best car seat for air travel

I don't use a carseat in airplanes for safety. I do it because my kid is more comfortable and will take a nap in their carseat, but won't take a nap in a plain airplane seat. I also need the carseat at the destination anyway.
by 28fe6
Fri Mar 29, 2019 12:56 pm
Forum: Personal Consumer Issues
Topic: Best car seat for air travel
Replies: 30
Views: 1411

Re: Best car seat for air travel

.....
by 28fe6
Fri Mar 29, 2019 12:55 pm
Forum: Personal Consumer Issues
Topic: Best car seat for air travel
Replies: 30
Views: 1411

Re: Best car seat for air travel

The cheapest one that you can find that's FAA approved. We have one that I think was $40. It's a plastic shell with a thin cloth cover. The bare minimum. It's much better than their more expensive car seats because it's feather-light, and if it gets broken from being checked in luggage or something ...
by 28fe6
Thu Mar 28, 2019 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Paying "early" on mortgage may be unwise
Replies: 162
Views: 10655

Re: Paying "early" on mortgage may be unwise

For the large number with essentially non-deductible mortgages, it makes little financial sense to carry a mortgage at 3.5-4.0% while simultaneously holding fixed-income (outside of the EF) with an expected return of, say, 2.5-3.0% nominal, regardless of the asset location This logic is compelling,...
by 28fe6
Tue Mar 26, 2019 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Apple Card
Replies: 68
Views: 5640

Re: Apple Card

I think the physical card also has no information printed on it. So it's supposed to be more secure.
by 28fe6
Sat Mar 23, 2019 3:00 pm
Forum: Personal Consumer Issues
Topic: Working with Relocation Company for move
Replies: 2
Views: 294

Re: Working with Relocation Company for move

I literally just did this exact thing. Like you, I got skittish and so I hired a real estate attorney myself in the transaction state, and just sent him a bunch of relevant documents for him to review. He said everything looks fine, it's a common thing, and call him if there is any actual problem, a...
by 28fe6
Fri Mar 22, 2019 7:17 pm
Forum: Investing - Theory, News & General
Topic: Junk inclusion as part of Total Bond Funds
Replies: 34
Views: 1891

Re: Junk inclusion as part of Total Bond Funds

If you want higher expected return (and higher expected risk) increase your stock allocation.
Why not buy junk bonds instead of stocks? Is there any evidence junk bonds have lower risk-adjusted return than stocks? Because I've never seen it.
by 28fe6
Fri Mar 22, 2019 6:19 pm
Forum: Personal Consumer Issues
Topic: Do you still wear a necktie to work?
Replies: 108
Views: 4988

Re: Do you still wear a necktie to work?

I have done well for myself and don't buy into the "dress for the job you want" mentality
If I dressed for the job I want, I'd be wearing my bass fishing vest every day.
by 28fe6
Fri Mar 22, 2019 5:52 pm
Forum: Personal Consumer Issues
Topic: WiFi Extender
Replies: 40
Views: 2178

Re: WiFi Extender

I used Netgear Orbi. Heard good things about Google WiFi but I also heard they send "diagnostic" data to Google and hardcoded Google DNS servers. I don't need even more Google in my life. The Orbi works fantastic.
by 28fe6
Fri Mar 22, 2019 9:17 am
Forum: Personal Finance (Not Investing)
Topic: Canceling escrow account
Replies: 25
Views: 2233

Re: Canceling escrow account

One year, I got a pink slip in the mail stating my taxes were overdue. My lender failed to pay my taxes, while holding onto my escrow. My taxes became late and I had to file for a hardship extension. I tried to involve state regulators but they eventually paid my taxes months late. Since then I alwa...
by 28fe6
Thu Mar 21, 2019 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Canceling escrow account
Replies: 25
Views: 2233

Re: Canceling escrow account

I always cancel escrow, because I want to time my tax payments to fall in certain tax years. The interest is a small bonus.
by 28fe6
Thu Mar 21, 2019 6:02 pm
Forum: Personal Consumer Issues
Topic: Google fi users - happy with it and recs?
Replies: 16
Views: 982

Re: Google fi users - happy with it and recs?

I posted this before; nothing has really improved in the new city. Waiting for an important call from my lawyer...yep, never rang, straight to voicemail while I'm holding the phone in my hand. Waiting for 2-factor authentication code...yep, never came through. Need to send my wife an important text,...
by 28fe6
Wed Mar 20, 2019 9:14 am
Forum: Personal Consumer Issues
Topic: New carry-on policy at United Airlines?
Replies: 47
Views: 3517

Re: New carry-on policy at United Airlines?

I love gate checking my bag. I fly with a tiny carry-on that actually qualifies as a personal item, but I still gate check it when they let me. I wish the airlines would grow a spine and start enforcing existing size/weight restrictions for carry-on. If it doesn't fit in the size-gage and/or it's ov...
by 28fe6
Mon Mar 18, 2019 11:20 am
Forum: Personal Consumer Issues
Topic: Would a thermostatic shower valve solve my tankless hot water temp fluctuations?
Replies: 9
Views: 854

Re: Would a thermostatic shower valve solve my tankless hot water temp fluctuations?

Probably not. Most such valves compensate for changes in hot water pressure and therefore flow. This can work when somebody flushes a toilet or something and hot or cold water pressure changes. They don't actually monitor the water temperature and aren't capable of compensating for temperature fluc...
by 28fe6
Mon Mar 18, 2019 9:12 am
Forum: Personal Consumer Issues
Topic: Would a thermostatic shower valve solve my tankless hot water temp fluctuations?
Replies: 9
Views: 854

Re: Would a thermostatic shower valve solve my tankless hot water temp fluctuations?

Probably not. Most such valves compensate for changes in hot water pressure and therefore flow. This can work when somebody flushes a toilet or something and hot or cold water pressure changes. They don't actually monitor the water temperature and aren't capable of compensating for temperature fluct...
by 28fe6
Sun Mar 17, 2019 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: [How do I know if I am eligible for an IRA deduction?]
Replies: 7
Views: 465

Re: [How do I know if I am eligible for an IRA deduction?]

Last year I contributed to Traditional, but then when I did my taxes I turned out to be in the IRA deduction phase-out range. I recharacterized my whole IRA to Roth. I am still contributing to Traditional via regular automatic contributions, so I will just plan on recharacterizing again next year if...
by 28fe6
Sat Mar 16, 2019 10:36 am
Forum: Personal Investments
Topic: Real estate instead of bonds to diversify
Replies: 24
Views: 1571

Re: Real estate instead of bonds to diversify

I'm assuming direct real estate? I think it is a great option IF you accept many of the risks that goes with renting that most who do it gloss over, such as: Concentration risk, geographical risk, manager risk (you), illiquidity, etc... The biggest is likely time commitment. It is undoubtedly more ...
by 28fe6
Wed Mar 13, 2019 9:46 am
Forum: Personal Finance (Not Investing)
Topic: How many companies have you worked for?
Replies: 125
Views: 6205

Re: How many companies have you worked for?

For those who have had multiple jobs before 40, have you ever left a good paying, safe job for another opportunity that was riskier? I left a Fortune 500, household-name, "great place to work", for a midcorp niche player. In retrospect it had a lot to do with youthful ambition, since I was in my ea...
by 28fe6
Tue Mar 12, 2019 11:51 am
Forum: Investing - Theory, News & General
Topic: My trend following strategy and experience
Replies: 460
Views: 28343

Re: My trend following strategy and experience

If truly "nobody knows nothing", then it's impossible for a trend-following strategy to UNDER-perform. Getting into and out of the market at any time should be just as good or bad as any other time. So if the market is a random walk with all information incorporated, and you really believe that, the...
by 28fe6
Mon Mar 11, 2019 12:53 pm
Forum: Personal Investments
Topic: Excel function to project retirement
Replies: 8
Views: 934

Re: Excel function to project retirement

Great! I added the NPER variant to my spreadsheet. I would not have thought to make the values negative.
by 28fe6
Mon Mar 11, 2019 12:07 pm
Forum: Personal Investments
Topic: Excel function to project retirement
Replies: 8
Views: 934

Re: Excel function to project retirement

Second one is easy =startvalue*(1+growth rate)^no of years is the formula in any cell example: =10000*1.05^20 10000 growing at 5% for 20 years will become $26533 This doesn't take into account regular contributions. https://4oeupg.sn.files.1drv.com/y4mXocY9ne6H25_dzLDqZWKfG_y4Zkm0NFVAGSYwp2YoG2aCzI...
by 28fe6
Mon Mar 11, 2019 11:29 am
Forum: Personal Investments
Topic: Excel function to project retirement
Replies: 8
Views: 934

Excel function to project retirement

I would like to do an excel calculation where these are my inputs: --current portfolio value --yearly additional contribution to portfolio --growth rate (constant) The outputs: --how long it will take to hit a certain number OR --portfolio balance at end of X years Can somebody help me out with this...
by 28fe6
Sun Mar 10, 2019 10:46 pm
Forum: Investing - Theory, News & General
Topic: My name is _____, & I am a MARKET TIMER.
Replies: 109
Views: 7368

Re: My name is _____, & I am a MARKET TIMER.

Where does it say the perfect market timer who nails entry and exit of bull markets outpaces the buy and hold investor? I am pretty sure I have seen several charts showing that it doesn't. More then happy to admit I am wrong, but please link a CLEAN graph showing that. It's a mathematical tautology...
by 28fe6
Sun Mar 10, 2019 10:26 pm
Forum: Personal Investments
Topic: Spouse wants to buy individual stocks
Replies: 78
Views: 5648

Re: Spouse wants to buy individual stocks

Does The Forum make any distinction between "trading" individual stock and "buy and hold" individual stocks? What about buying some solid companies across various sectors, with good dividend yields, and holding them? Is is ok if you aren't trying to trade momentum, and instead just looking for some ...
by 28fe6
Sat Mar 09, 2019 1:16 pm
Forum: Investing - Theory, News & General
Topic: My name is _____, & I am a MARKET TIMER.
Replies: 109
Views: 7368

Re: My name is _____, & I am a MARKET TIMER.

I have this problem and mitigate it with my "never sell" IPS. It lets me time all I want without causing major damage.

viewtopic.php?t=271567
by 28fe6
Sat Mar 09, 2019 10:01 am
Forum: Personal Finance (Not Investing)
Topic: How much does owning vehicles (cost/month)
Replies: 53
Views: 3813

Re: How much does owning vehicles (cost/month)

In places like Phoenix batteries rarely last much longer than 2 years in my experience.
by 28fe6
Sat Mar 09, 2019 9:57 am
Forum: Personal Consumer Issues
Topic: Experience with battery powered motorized windowshades...
Replies: 4
Views: 361

Re: Experience with battery powered motorized windowshades...

I would use Energizer lithium AA batteries in an application like that. They last longer than alkaline batteries, the cost-per-lifetime is competitive or even better than alkaline batteries, and they never leak.
by 28fe6
Fri Mar 08, 2019 10:42 am
Forum: Personal Finance (Not Investing)
Topic: When were you able to max out your 401k, IRAs?
Replies: 69
Views: 4828

Re: When were you able to max out your 401k, IRAs?

I was ABLE to max out my accounts from the moment I got my first megacorp job out of school. I only actually started doing so the last two years (about ten years of wasted time). The saving grace is that I did pay quite a bit extra on my house during those years, so I have a lot more home equity tha...
by 28fe6
Thu Mar 07, 2019 11:10 pm
Forum: Investing - Theory, News & General
Topic: CD Laddering vs. Vanguard Prime Money Market Fund (VMMXX) ???
Replies: 18
Views: 3096

Re: CD Laddering vs. Vanguard Prime Money Market Fund (VMMXX) ???

Aren't MM funds subject to inverse interest rate risk? If rates go back to zero, the MM yield will drop to nothing but your CD ladder will lock in at least some return. Of course everyone thinks rates will go up not down, but nobody knows nothing, right?