Search found 20 matches

by orhkaf
Mon Aug 05, 2019 9:44 pm
Forum: Personal Investments
Topic: Buy During This Dip?
Replies: 99
Views: 12564

Re: Buy During This Dip?

I wish I had the funds. Dumped my load prematurely last week :(

Oh well at least 401K buys tonight.
by orhkaf
Sun Aug 04, 2019 10:54 am
Forum: Personal Finance (Not Investing)
Topic: Yet another ‘can I afford this house’
Replies: 16
Views: 1597

Re: Yet another ‘can I afford this house’

Based on your projected child care expenses and monthly bills, you can afford a 800k mortgage, however it might be a little tight the first several years. You would probably end up being left with 3-4k at the end of every month to fund the roth's and put some in a taxable account.
by orhkaf
Thu Jul 18, 2019 7:45 pm
Forum: Personal Consumer Issues
Topic: Has anyone seen the documentary "Playing with FIRE?"
Replies: 214
Views: 17817

Re: Has anyone seen the documentary "Playing with FIRE?"

Just wait a couple months and torrent it.
by orhkaf
Tue Jul 16, 2019 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: 1 million in liquid assets or paid off mortgage by 40?
Replies: 61
Views: 6098

Re: 1 million in liquid assets or paid off mortgage by 40?

I personally prefer liquidity. A million dollars in investments is more valuable to me than a million dollars in home equity.
by orhkaf
Sat Jul 13, 2019 1:28 am
Forum: Personal Finance (Not Investing)
Topic: Financing my daughter's college with my 401K
Replies: 60
Views: 3819

Re: Financing my daughter's college with my 401K

I’d avoid touching retirement accounts.

Have her take out the loans and help her pay them off with cash flow when you have the cash. 8% interest on 30k will probably be less than the tax you pay for withdrawing 30k from a 401k, especially if you plan on paying the loan ASAP.
by orhkaf
Tue Jul 09, 2019 11:28 pm
Forum: Personal Consumer Issues
Topic: Who cuts your hair? And for how much?
Replies: 153
Views: 8964

Re: Who cuts your hair? And for how much?

$0

Balding AF so i just buzz it off myself.
by orhkaf
Mon Jul 08, 2019 7:52 pm
Forum: Personal Finance (Not Investing)
Topic: Keep or Sell Rental Real Estate
Replies: 18
Views: 1108

Re: Keep or Sell Rental Real Estate

Sell immediately. The tax implications once it becomes a rental will be huge. Better to sell now for a 500k tax exemption.
by orhkaf
Sun Jul 07, 2019 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Prenuptial for future son-in-law - RESOLVED
Replies: 46
Views: 2549

Re: Prenuptial for future son-in-law

300k to pay off for two docs wont be a huge burden. They have the financial resources to knock it out within a 2-3 year period. When my wife and I got married we sat down together and drafted a plan to pay off our loans with each others support. We never took the "that's you're debt, deal with it yo...
by orhkaf
Thu Jul 04, 2019 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1020
Views: 278198

Re: Share your net worth progression

Feb 2018: about negative 10k
July 2019: +295k

I love you bogleheads!
by orhkaf
Thu Apr 11, 2019 11:39 pm
Forum: Personal Investments
Topic: Savings by 30?
Replies: 45
Views: 6112

Re: Savings by 30?

Age 28. No debt(paid off huge student loan recently). Net worth around 300K.
by orhkaf
Sat Feb 02, 2019 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you keep in checking?
Replies: 135
Views: 10955

Re: How much do you keep in checking?

I keep 40k in cash (2-3years of expenses) at all times at the local bank.

Helps me not worry when the market is doing poorly.
by orhkaf
Sat Jan 05, 2019 11:01 am
Forum: Personal Finance (Not Investing)
Topic: Taking a pay cut now for potential of higher pay later
Replies: 19
Views: 1583

Re: Taking a pay cut now for potential of higher pay later

Hi guys! My friend (27 y/o male) is at a cross roads right now and wanted me to ask this question for him. He currently makes about $180K-$200K (hourly position) a year at a medium-high stress job, working days, nights, and weekends. It involves a lot of standing and can be taxing on his body. This...
by orhkaf
Sat Jan 05, 2019 12:35 am
Forum: Personal Finance (Not Investing)
Topic: Taking a pay cut now for potential of higher pay later
Replies: 19
Views: 1583

Taking a pay cut now for potential of higher pay later

Hi guys! My friend (27 y/o male) is at a cross roads right now and wanted me to ask this question for him. He currently makes about $180K-$200K (hourly position) a year at a medium-high stress job, working days, nights, and weekends. It involves a lot of standing and can be taxing on his body. This ...
by orhkaf
Wed Nov 28, 2018 1:59 am
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 149
Views: 10047

Re: How did YOU choose your career?

I ask myself this question everyday at work :,(
by orhkaf
Thu Aug 16, 2018 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Savings rate per month???
Replies: 68
Views: 6345

Re: Savings rate per month???

Just finished paying off my student loan and moved back in with my parents.

Saving around ~65% of gross pay (including 401K match).
by orhkaf
Sat Jul 28, 2018 12:32 pm
Forum: Personal Consumer Issues
Topic: Cash for drugs less than Medicare - how to know
Replies: 12
Views: 1124

Re: Cash for drugs less than Medicare - how to know

I recommend downloading the GoodRx app (typically has the better prices compared to the other discount programs). This will allow you to easily see how much a drug costs out of pocket. All you need is the drug name, strength, and quantity. From there you can make a decision whether you want the phar...
by orhkaf
Tue Feb 20, 2018 2:57 pm
Forum: Personal Investments
Topic: What funds would you pick for 401k?
Replies: 8
Views: 859

Re: What funds would you pick for 401k?

Thank you. I have revised my original post.
by orhkaf
Tue Feb 20, 2018 2:37 pm
Forum: Personal Investments
Topic: What funds would you pick for 401k?
Replies: 8
Views: 859

What funds would you pick for 401k?

Hi All! I've been contributing my employer match to my 401k, however, I'm not sure what the best funds are (if any at all). Based on this I did not want to contribute more than the 5% match. I need some help to determine if I should continue to just do the 5% match (and look elsewhere to invest), or...
by orhkaf
Tue Feb 13, 2018 12:53 am
Forum: Personal Investments
Topic: I'm Lost Please Help Me :(
Replies: 20
Views: 2829

I'm Lost Please Help Me :(

Hello Everyone! I've been an active lurker of the forum for several months, but finally built the courage to make an account to ask for help. I'm a single 27 y/o living in CA and needed help on investing in my future. Some info about me: 1. ~300K / year income 2. 130K savings in cash 3. 140K student...