Search found 123 matches

by tmcc
Thu Jul 05, 2018 6:30 am
Forum: Personal Finance (Not Investing)
Topic: Evaluating New Job Offer
Replies: 24
Views: 1621

Re: Evaluating New Job Offer

$112000 / (2080 - (28 days PTO x 8)) = $60.34 effective hourly pay $165000 / (2080 - (15 days PTO x 8) + (3 hours commute x 47 weeks x 5 days)) = $61.91 effective hourly pay The math says both jobs pay similarly by the hour. I wouldn't mind driving 3 hours a day for $186. Uber drivers work a whole ...
by tmcc
Fri Jun 22, 2018 11:15 am
Forum: Personal Consumer Issues
Topic: 4K Computer Monitors: 27 vs 32 inches?
Replies: 29
Views: 2266

Re: 4K Computer Monitors: 27 vs 32 inches?

at work i have a 27" 4k and at home i have a 32" 4k. 100% get the 32. your eyes will thank you. I might have them swap out my 27 for a 32 at work because i am squinting more than I thought.
by tmcc
Sun Jun 17, 2018 7:09 pm
Forum: Investing - Theory, News & General
Topic: Gundlach sees 10 yr yields hitting 6%
Replies: 18
Views: 3266

Re: Gundlach sees 10 yr yields hitting 6%

$1 says 10y isnt going to 6% by 2020 without a major cut back in big government size and deficit spending. any takers? I'm also skeptical of Gundlach's prediction, but I don't understand the proposed terms of your bet. Are you saying that 6% 10-year yields won't happen unless there are government s...
by tmcc
Sun Jun 17, 2018 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: How much (green) cash at home for emergency ?
Replies: 169
Views: 14738

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

Let's see..... I have.... $44. $20, $10, two $5 and four $1. 8-)
by tmcc
Sun Jun 17, 2018 6:46 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 2203
Views: 1369771

Re: The Three-Fund Portfolio

I'm a 4 fund portfolio right now. Total US and developed international are fine. Emerging is a total dog. I suppose a portfolio cant always be up on everything. Still.

75 - Total stock
10 - Int Total stock
5 - Emerging stock
10 - Bond
by tmcc
Sun Jun 17, 2018 6:42 pm
Forum: Investing - Theory, News & General
Topic: Gundlach sees 10 yr yields hitting 6%
Replies: 18
Views: 3266

Re: Gundlach sees 10 yr yields hitting 6%

$1 says 10y isnt going to 6% by 2020 without a major cut back in big government size and deficit spending. any takers?
by tmcc
Sun Jun 17, 2018 6:30 pm
Forum: Personal Finance (Not Investing)
Topic: Boat Liability
Replies: 7
Views: 1092

Re: Boat Liability

I had a center console a few years back. it was fun. just remember when considering anything that has to do with a boat....


B.O.A.T. - Break Out Another Thousand
by tmcc
Wed Jun 13, 2018 7:41 pm
Forum: Investing - Theory, News & General
Topic: Bitcoin Price Manipulation
Replies: 45
Views: 5282

Re: Bitcoin Price Manipulation

If you are manipulating the futures contract, that is a different story. If you're in the "cash" cryptos, they are an over the counter currency (or whatever it is) and are not regulated. Same goes for fx. Take a look at bid ask spreads on major fx pairs on central bank days and tell me there is no m...
by tmcc
Wed Jun 13, 2018 7:32 pm
Forum: Investing - Theory, News & General
Topic: How and when do you decide to do Tax Loss Harvesting?
Replies: 47
Views: 4886

Re: How and when do you decide to do Tax Loss Harvesting?

so lets say someone is at vanguard. could you flip from their total market ETF to the mutual fund without triggering a wash sale? I Probably not. There is no tax consequence from going from investor share to admiral. So I would assume that the same would apply here. I believe you would have a wash ...
by tmcc
Wed Jun 13, 2018 7:19 pm
Forum: Investing - Theory, News & General
Topic: How and when do you decide to do Tax Loss Harvesting?
Replies: 47
Views: 4886

Re: How and when do you decide to do Tax Loss Harvesting?

so lets say someone is at vanguard.

could you flip from their total market ETF to the mutual fund without triggering a wash sale?
by tmcc
Wed Jun 13, 2018 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: recommendations for HELOC? does it matter to pick the cheapest rate?
Replies: 11
Views: 1105

Re: recommendations for HELOC? does it matter to pick the cheapest rate?

whether interest, closing fees or maintenance fees, you'll probably pay no matter what.
by tmcc
Wed Jun 13, 2018 6:05 am
Forum: Personal Finance (Not Investing)
Topic: AA relative to mortgage
Replies: 1
Views: 217

AA relative to mortgage

I've read people here say that paying down mortgage is like investing in a 30y bond. The reality is a little more complicated of course but lets not dwell on that. in my after tax investment which is 90/10, maybe I should stop buying the bonds and just make that 10% an additional mortgage prepayment...
by tmcc
Sat Jun 09, 2018 8:54 pm
Forum: Personal Consumer Issues
Topic: Found an FSBO home for sale. How to avoid Realtor?
Replies: 42
Views: 3535

Re: Found an FSBO home for sale. How to avoid Realtor?

realtors are useless middlemen

of all professional services, it is the one I respect the least
by tmcc
Sat Jun 09, 2018 8:21 pm
Forum: Personal Consumer Issues
Topic: Found an FSBO home for sale. How to avoid Realtor?
Replies: 42
Views: 3535

Re: Found an FSBO home for sale. How to avoid Realtor?

You can, but as a buyer you aren't paying for the realtor's services so it doesn't make a lot of sense. The seller will be paying your realtor fee. this is a misconception and outright wrong. seller's pricing factors in 6% of their gross for realtor costs. if they know that they won't be incurring ...
by tmcc
Sat Jun 09, 2018 7:36 pm
Forum: Personal Consumer Issues
Topic: Porsche Macan
Replies: 28
Views: 3143

Re: Porsche Macan

if you buy new, discounts are trivial at best. imo, find an adult owned private seller on ebay or cargurus that has the options you want. be patient. you'll have substantially the same car for much less than MSRP. dealers always screw people hard on trade value. there is substantial ground to play ...
by tmcc
Sat Jun 09, 2018 5:51 am
Forum: Personal Consumer Issues
Topic: Porsche Macan
Replies: 28
Views: 3143

Re: Porsche Macan

if you buy new, discounts are trivial at best. imo, find an adult owned private seller on ebay or cargurus that has the options you want. be patient. you'll have substantially the same car for much less than MSRP. dealers always screw people hard on trade value. there is substantial ground to play w...
by tmcc
Thu Jun 07, 2018 5:51 am
Forum: Personal Consumer Issues
Topic: Is there a forum for legal matters?
Replies: 18
Views: 1891

Re: Is there a forum for legal matters?

also be wary of disclosure of your legal issue in a public forum (internet). if you end up in arbitration or court, that may be a serious issue if you gave away key details to try to drum up a free lunch to save on fees. if the counterparty finds your thread, rest assured they will use it against yo...
by tmcc
Thu Jun 07, 2018 5:49 am
Forum: Personal Consumer Issues
Topic: Switching car insurance agents
Replies: 15
Views: 1412

Re: Switching car insurance agents

if you have a broker for home insurance/umbrella/whatever , you could try giving them a call. my home insurance broker/agent has dug up the best rates for me and I usually change annually if its more than $100 or so. he makes money, i save money - its a good deal for everyone. whenever I have tried ...
by tmcc
Thu May 31, 2018 7:48 pm
Forum: Investing - Theory, News & General
Topic: Entreprenuerial opinions/advice
Replies: 7
Views: 817

Re: Entreprenuerial opinions/advice

Thank you for the feedback. I reached out to setup a mentoring session through Score. TBD!
by tmcc
Thu May 31, 2018 7:49 am
Forum: Investing - Theory, News & General
Topic: Entreprenuerial opinions/advice
Replies: 7
Views: 817

Entreprenuerial opinions/advice

I am trying to bring an idea to life. I'm struggling with how to go from early stage concept to reality. Here is what I have done thus far at a summary level: 1. R&D costs for technical feasibility 2. Legal/org costs for boiler plate NDA, org docs and entity structure 3. 5 year business strategy 4. ...
by tmcc
Mon May 21, 2018 5:34 am
Forum: Personal Finance (Not Investing)
Topic: Lender Funded Without Authorization
Replies: 5
Views: 773

Re: Lender Funded Without Authorization

Do you have any actual damages? Or did they just send a wire then pull it? If you lose the contract, I think you definitely have something to discuss. The presentation of your question seems like it largely depends on if the contract is fulfilled and the circumstances of the untimely funding as pert...
by tmcc
Mon May 14, 2018 7:40 pm
Forum: Investing - Theory, News & General
Topic: Gross Margin - why aren't traffic acquisition costs counted as COGS for tech companies?
Replies: 16
Views: 818

Re: Gross Margin - why aren't traffic acquisition costs counted as COGS for tech companies?

basic accounting also introduces the matching principle: revenue should be matched with expenses. if a company's revenue is directly driven by what is currently an operating expense then clearly GAAP accounting rules have been left behind, hm? How could you make a case that advertising is a cost in...
by tmcc
Mon May 14, 2018 5:29 pm
Forum: Investing - Theory, News & General
Topic: 2018 401k limit is $55K - do you max it out? Why/why not?
Replies: 110
Views: 10773

Re: 2018 401k limit is $55K - do you max it out? Why/why not?

why contribute after tax to a 401k if there is no deduction favorability or FIT wage reduction? :shock:

just save the equivalent after tax money to a brokerage......... right? am I missing something obvious?
by tmcc
Mon May 14, 2018 5:22 pm
Forum: Investing - Theory, News & General
Topic: Gross Margin - why aren't traffic acquisition costs counted as COGS for tech companies?
Replies: 16
Views: 818

Re: Gross Margin - why aren't traffic acquisition costs counted as COGS for tech companies?

Advertising is considered to be an operating expense. It affects net profits, not gross margins. Basic accounting. basic accounting also introduces the matching principle: revenue should be matched with expenses. if a company's revenue is directly driven by what is currently an operating expense th...
by tmcc
Sat May 12, 2018 8:30 am
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 318
Views: 24896

Re: Lucrative careers?

Pharmacist Not an easy program or job but starting salary over $100K from day one. Edit- more like $120K The pill counters are one of the first health care professions that will be automated. The ratio of pharmacists employed per pharmacy is going to go wayyyyyyy down in the next few years. Radiolo...
by tmcc
Sat May 12, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: Computer Remote Access
Replies: 29
Views: 3390

Re: Computer Remote Access

I've setup port forwarding and used VNC as a cheap, easy, temporary, might get pwned solution. Running a VPN would be a bit better. But I have the personality of a Russian robot anyway, so it hasn't been an issue. I used to do that with RDP and found that someone had been trying to brute force the ...
by tmcc
Sat May 12, 2018 8:03 am
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 318
Views: 24896

Re: Lucrative careers?

Pharmacist Not an easy program or job but starting salary over $100K from day one. Edit- more like $120K The pill counters are one of the first health care professions that will be automated. The ratio of pharmacists employed per pharmacy is going to go wayyyyyyy down in the next few years. Radiolo...
by tmcc
Thu May 10, 2018 4:23 pm
Forum: Investing - Theory, News & General
Topic: Annoying IRA rollover problem
Replies: 6
Views: 638

Re: Annoying IRA rollover problem

Yes, that is option #1. I would only contribute to the min to actually buy a fidelity total market fund ($2500, I think) though because I'd prefer to save in a taxable account.
by tmcc
Thu May 10, 2018 3:55 pm
Forum: Investing - Theory, News & General
Topic: Annoying IRA rollover problem
Replies: 6
Views: 638

Annoying IRA rollover problem

I forgot about my 401k from my first job nearly 10 years ago. I funded it very lightly at the time because it was during the financial crisis. Little did I know..... Anyway, Putnam has been chipping away $100 in fees per year for about 10 years. Fast forward to now, the amount that's left is pretty ...
by tmcc
Thu May 03, 2018 7:01 pm
Forum: Personal Consumer Issues
Topic: Anyone else have problems with appliances from Home Depot?
Replies: 36
Views: 8134

Re: Anyone else have problems with appliances from Home Depot?

The house i bought last year included vintage appliances. The refrigerator is a subzero side by side from the 70s. Its still rocking 8-)
by tmcc
Wed May 02, 2018 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Restricted Stock Units and Stock Options Strategy
Replies: 21
Views: 1987

Re: Restricted Stock Units and Stock Options Strategy

i sell mine immediately as well. your base, bonus and equity are all tied to this company. unless its a real mover mover, the less thats tied up in your main place of employment, the better. then maybe keep half or something similar.
by tmcc
Wed May 02, 2018 11:56 am
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 451
Views: 33014

Re: KF's simple rules to achieve FI [Financial Independence]

KF, I started using the % of expense method to measure my savings rate in my budget. Its a solid method so thanks for that. I am curious how people look at debt based obligations like a mortgage when factoring in the asset multiplier that one needs for financial independence. For example, I expect t...
by tmcc
Sun Apr 29, 2018 8:31 pm
Forum: Investing - Theory, News & General
Topic: Money market funds - under par interest rates
Replies: 15
Views: 1655

Re: Money market funds - under par interest rates

So are online savings account banks buying 10 years and offering 2% savings rates and pocketing the 1%? how do i apply to become a bank again? :D
by tmcc
Sun Apr 29, 2018 8:30 pm
Forum: Investing - Help with Personal Investments
Topic: ESPP taxing rules, to hold or not to hold
Replies: 28
Views: 2124

Re: ESPP taxing rules, to hold or not to hold

dont do it unless you have a high amount of confidence in your company's stock staying flat or growing in price. 2 years is a long time. meanwhile, youll have to pay the advance tax on the "discount" that might not exist by the time you sell.
by tmcc
Sun Apr 29, 2018 5:49 pm
Forum: Investing - Theory, News & General
Topic: Money market funds - under par interest rates
Replies: 15
Views: 1655

Money market funds - under par interest rates

I have several short term cashflow needs that will be happening soon. i would like to at least keep the interest rolling if possible. I have this money sitting in a schwab money fund SNSXX. I am confused because the yield is only 1.35% per schwab. online savings accounts are now touching 2.0%. why a...
by tmcc
Sat Apr 28, 2018 8:26 pm
Forum: Personal Consumer Issues
Topic: Amazon to raise Prime membership in US to $119 from $99
Replies: 145
Views: 11524

Re: Amazon to raise Prime membership in US to $119 from $99

I have a personal problem with the scale of amazon's operation. I am not renewing prime and I avoid buying anything from them if possible.
by tmcc
Sat Apr 28, 2018 7:09 am
Forum: Personal Consumer Issues
Topic: Home reroofing
Replies: 4
Views: 1062

Home reroofing

I am about to begin a house reroofing project. The scope of work includes removing the old roof, replace any and all rotted wood, new vents etc, new fascia board but not soffits. My soffits are stucco and the particular roofer I have chosen doesn't do that. I have a different guy for that in the eve...
by tmcc
Sun Apr 15, 2018 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Use 25k From Brokerage Account For Investment Property?
Replies: 29
Views: 2498

Re: Use 25k From Brokerage Account For Investment Property?

is that management fee per month or per lease?
by tmcc
Sun Apr 15, 2018 12:55 pm
Forum: Personal Finance (Not Investing)
Topic: Best cash back card right NOW.
Replies: 34
Views: 4315

Re: Best cash back card right NOW.

citi cash rewards (2% on all, no fee) or alliant cash back (3% intro rate waived fee, 2.5% after intro w/ $65/yr)

i think there is a fidelity 2% master card as well but you have to have an account.
by tmcc
Sun Apr 15, 2018 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Estimated Tax Planning
Replies: 9
Views: 809

Re: 2018 Estimated Tax Planning

you didnt provide nearly enough info unless this is a ouija board exercise are you w2, 1099, or what? do you anticipate making more or less in 2018 versus 2017? do you have employer deductions? cap loss carryforward? casualty losses? itemize or standard deduction? children? head of household? mortga...
by tmcc
Thu Apr 12, 2018 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: To HSA or HSA -- explain like I'm 5.
Replies: 32
Views: 2707

Re: To HSA or HSA -- explain like I'm 5.

if your employer is contributing and there is no payroll deduction to have the plan, that is a total no brainer

even if you have kids, its a no brainer.
by tmcc
Tue Apr 10, 2018 6:25 am
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 14179

Re: Ivy school education. Is it worth it?

To OP, If your child is an avg student in HS, the likihood of them succeeding in an Ivy is extremely slim. Very rarely will one suddenly turn on a switch and start improving their study habits in upper education. It is much better for someone to enroll in the school that is their level where they c...
by tmcc
Mon Apr 09, 2018 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone at Goldman Sachs/Marcus bank 1.5%?
Replies: 44
Views: 7802

Re: Anyone at Goldman Sachs/Marcus bank 1.5%?

Help me understand why an online savings account can offer a 1.7% yield but the schwab and vanguard govt funds can't break 1.5% in investor shares :?

i would like to know what exactly is in the 1.7%
by tmcc
Mon Apr 09, 2018 12:53 pm
Forum: Personal Consumer Issues
Topic: Tequila and Magaritas
Replies: 75
Views: 6883

Re: Tequila and Magaritas

the tequila doesnt matter as much as the triple sec. and after the first one, neither really matters that much. i continue to struggle with getting the right amount of salt on the rim without overdoing it..... :?
by tmcc
Sun Apr 08, 2018 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Really?? "Hummer loophole" (Section 179+bonus depreciation deductions) for simple rental property biz?
Replies: 15
Views: 1599

Re: Really?? "Hummer loophole" (Section 179+bonus depreciation deductions) for simple rental property biz?

qualification is a matter of interpretation sometimes. take the most aggressive, rational deduction possible, keep records and enjoy the road trips. worst case, you owe back taxes and some penalties.
by tmcc
Sun Apr 08, 2018 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Ivy school education. Is it worth it?
Replies: 238
Views: 14179

Re: Ivy school education. Is it worth it?

Pedigree is everything these days. Anyone suggesting otherwise is deluding oneself

Your degree and post college experience from 1982 is irrelevant in 2018
by tmcc
Sat Apr 07, 2018 10:07 am
Forum: Personal Consumer Issues
Topic: How to sell a diamond?
Replies: 8
Views: 1278

Re: How to sell a diamond?

consider ebay or something like that. youll most likely get better resale than a direct to jeweler sale.
by tmcc
Sat Apr 07, 2018 6:41 am
Forum: Personal Finance (Not Investing)
Topic: monthly PMI OR lender paid PMI (higher mortgage rate)
Replies: 3
Views: 336

Re: monthly PMI OR lender paid PMI (higher mortgage rate)

definitely the 4.625%

at least when you hit 80% LTV you'll have a lower rate for the remainder of the loan period. you'd forgo the higher interet rate deduction on the tax side but then again you wouldn't have to pay the interest at all then.