Search found 76 matches

by orhkaf
Mon May 25, 2020 12:19 am
Forum: Personal Finance (Not Investing)
Topic: Would you pull a trigger on a home purchase or continue renting?
Replies: 45
Views: 2752

Re: Would you pull a trigger on a home purchase or continue renting?

I would wait 12-18 months to see what happens to the housing market and economy in general really.

Worst case housing goes up a bit but you end up beefing up your savings by a lot.

Good luck.
by orhkaf
Sat May 23, 2020 12:36 am
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 318
Views: 21936

Re: The axe falls and I am prepared. What's next?

Sorry for the loss. I’d look at the next three months as a “paid vacation” and use it to collect my thoughts and assess how I want to move forward in life. Can you afford to retire? Sure why not. It would be a sweeter retirement if you left the workforce on your own terms however. Good luck to you.
by orhkaf
Thu May 14, 2020 3:40 pm
Forum: Personal Consumer Issues
Topic: Dentist charges $10 for PPE
Replies: 234
Views: 10754

Re: Dentist charges $10 for PPE

Not sure why such a smart, savy group of people here at Bogleheads don't seem to understand an increased cost of doing business will ultimately be passed onto the customer. Either pay your $10 fee (very reasonable, btw) or go to another dentists who raised all his/her fees by $10. I expect to pay m...
by orhkaf
Wed May 13, 2020 5:19 pm
Forum: Personal Consumer Issues
Topic: Dentist charges $10 for PPE
Replies: 234
Views: 10754

Re: Dentist charges $10 for PPE

That’s ridiculous. I’d go buy a 50 cent surgical mask and 10 cent nitrile gloves and give them to the dental office and demand a refund. $10 is just absurd. Where are you finding 50 cent surgical masks? Please let me know, I would like to buy a bunch. https://www.amazon.com/Disposable-Surgical-Stan...
by orhkaf
Wed May 13, 2020 12:23 pm
Forum: Personal Consumer Issues
Topic: Dentist charges $10 for PPE
Replies: 234
Views: 10754

Re: Dentist charges $10 for PPE

That’s ridiculous. I’d go buy a 50 cent surgical mask and 10 cent nitrile gloves and give them to the dental office and demand a refund. $10 is just absurd.
by orhkaf
Tue May 12, 2020 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Broke mother-in-law retiring due to COVID-19
Replies: 54
Views: 6486

Re: Broke mother-in-law retiring due to COVID-19

Sorry to say but it sounds like she’ll be staying at your place indefinitely. With those numbers and age there aren’t many choices. :(
by orhkaf
Sun May 10, 2020 12:32 am
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford?
Replies: 15
Views: 1669

Re: How much house can we afford?

Save up a little more for the down payment and emergency fund. You can probably comfortably afford 1.5mn assuming no other debt and both maintain employment. Good job on retirement accounts. You’ll have a good 25 years to keep accumulating. Life’s too short to keep worrying about what ifs.
by orhkaf
Fri May 08, 2020 3:36 pm
Forum: Personal Investments
Topic: Rental Property - Exit Plan!
Replies: 30
Views: 3343

Re: Rental Property - Exit Plan!

Father in law has this same exact problem in Carmel valley. Property purchased for 800k in 2004 now worth 1.8mn. Plan is to refinance it and pull a big chunk of the equity out and title transfer it to his son. This way he avoids paying capital gains and real estate commission and his son gets a some...
by orhkaf
Wed May 06, 2020 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Dealer won’t give back car titled in my name, how to proceed?
Replies: 71
Views: 5759

Re: Dealer won’t give back car titled in my name, how to proceed?

Sounds like an amazing relationship. I’d walk away and block your brother from any contact.
by orhkaf
Sat Apr 25, 2020 10:38 pm
Forum: Personal Consumer Issues
Topic: Go or no go on Carnival cruise
Replies: 114
Views: 6971

Re: Go or no go on Carnival cruise

Have you been living under a rock the past two months?!?
by orhkaf
Wed Apr 22, 2020 3:56 pm
Forum: Personal Investments
Topic: How are the "100% Stocks" people doing?
Replies: 137
Views: 11384

Re: How are the "100% Stocks" people doing?

Been buying on the way up, down, sideways each time I get paid. Nothing new to see at this point the numbers on the screen don’t mean much to me since I don’t rely on them for cash flow. Thirty years from now might be a different story however.
by orhkaf
Wed Apr 22, 2020 3:52 pm
Forum: Personal Consumer Issues
Topic: How much to tip on DoorDash?
Replies: 60
Views: 4995

Re: How much to tip on DoorDash?

I tip 0. The service charge is more than enough.
by orhkaf
Tue Apr 21, 2020 10:24 pm
Forum: Personal Finance (Not Investing)
Topic: Are we spending too much on a house? 28yo & 24yo
Replies: 89
Views: 6102

Re: Are we spending too much on a house? 28yo & 24yo

I would never purchase anything jointly with someone who I’m not married to. It just makes things unnecessarily messier. Outside of that I’d say you could probably afford it assuming you have upward growth potential in your jobs. Some thing I would definitely consider is how would your finances chan...
by orhkaf
Tue Apr 21, 2020 10:46 am
Forum: Personal Investments
Topic: Best S&P 500 ETF IVV vs VOO
Replies: 20
Views: 1474

Re: Best S&P 500 ETF IVV vs VOO

gpburdell wrote:
Tue Apr 21, 2020 9:48 am
smartinvestor2020 wrote:
Mon Apr 20, 2020 9:17 pm
Is VOO generally considered the best choice for an S&P 500 ETF? This would be in a roth ira.
I consider it the best because it is Vanguard. Though I use corresponding iShares ETFs for tax loss harvest if needed.
+1

I hold both haven’t noticed much difference
by orhkaf
Mon Apr 13, 2020 12:18 am
Forum: Personal Investments
Topic: Need home equity investment advice
Replies: 9
Views: 653

Re: Need home equity investment advice

If I were you, I'd hold off on investing the money from the Iowa home sale. Wait until your work situation is more certain, now is not a good time to be low on cash. Maybe stash the money in a savings account that pays a fair rate of interest. (Marcus, Ally, Capital One) are all potential options. ...
by orhkaf
Tue Mar 24, 2020 7:50 pm
Forum: Investing - Theory, News & General
Topic: What is your AA, given your age ? and this crisis ?
Replies: 170
Views: 9269

Re: What is your AA, given your age ? and this crisis ?

Age 29.

100% stocks and continuing to stockpile equities.

High comp healthcare field so hope job security stays in place in that regard.
by orhkaf
Sat Mar 21, 2020 4:29 pm
Forum: Investing - Theory, News & General
Topic: Who do you follow for market insights ?
Replies: 49
Views: 2598

Re: Who do you follow for market insights ?

Mohamed El-Erian. Has interesting insights to share that I enjoy hearing.
by orhkaf
Sat Mar 21, 2020 11:49 am
Forum: Investing - Theory, News & General
Topic: I won the game but kept playing
Replies: 133
Views: 11714

Re: I won the game but kept playing

You’re still a millionaire. You got enough to ride it back up. Congrats.
by orhkaf
Wed Mar 18, 2020 8:35 pm
Forum: Personal Consumer Issues
Topic: How much cash to have during coronavirus panic?
Replies: 144
Views: 10777

Re: How much cash to have during coronavirus panic?

Went to the bank today to withdraw 2,500$ and the teller informed me their location will only allow me to withdraw 1000$ At this time. Seems like everyone’s hoarding cash now lol.
by orhkaf
Tue Mar 17, 2020 7:23 pm
Forum: US Chapters
Topic: How Is Your Job Being Impacted By The Current Crisis?
Replies: 503
Views: 50440

Re: How Is Your Job Being Impacted By The Current Crisis?

Healthcare. Just got a list of 50 open shifts for the next week.
by orhkaf
Mon Mar 09, 2020 5:02 pm
Forum: Investing - Theory, News & General
Topic: Are any early accumulators thankful for the current correction?
Replies: 185
Views: 10205

Re: Are any early accumulators thankful for the current correction?

Last quarter of last year had me worried we were going up too fast. The past several weeks have given me a sigh of relief. I’d rather have this happen now vs when I accumulate more in several years or months.
by orhkaf
Tue Mar 03, 2020 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: cash out refi to invest
Replies: 13
Views: 980

Re: cash out refi to invest

Oh come on, you guys are no fun. All the complications aside (DAF, standard deductions, etc), which situation would you rather be in? A Portfolio balance 200,000 Mortgage 100,00 @ 3% for 10 more years Home value 220,000 Not maximizing retirement accounts B Portfolio balance 270,000 Mortgage 170,000...
by orhkaf
Sun Feb 16, 2020 11:08 pm
Forum: Personal Finance (Not Investing)
Topic: Unexpected business debt - need sound advice
Replies: 15
Views: 1433

Re: Unexpected business debt - need sound advice

I would pay it off asap and monitor credit card activity vigilantly for any "unusual" transactions.
by orhkaf
Tue Feb 04, 2020 12:52 am
Forum: Personal Finance (Not Investing)
Topic: Can I afford a bigger home -- or should I buy a bigger home? (Bay area, CA)
Replies: 41
Views: 3980

Re: Can I afford a bigger home -- or should I buy a bigger home? (Bay area, CA)

manatee2005 wrote:
Tue Feb 04, 2020 12:48 am
You make 500k a year, go with option 2 and buy yourself a nice house.
+1

Gotta enjoy life a little. It’s alright if it sets you back from your goal 2-3 years. No point in suffocating yourself.
by orhkaf
Sat Jan 25, 2020 11:42 am
Forum: Personal Finance (Not Investing)
Topic: $2 million at a young age
Replies: 78
Views: 8916

Re: $2 million at a young age

2 million at such a young age may or may not last your whole life. I’d quit my job and go back to school to earn a degree that pays more than minimum wage. Spend as little of the money to survive and live off the cash flow from your new career.
by orhkaf
Fri Jan 24, 2020 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: How much house can we afford?
Replies: 41
Views: 2947

Re: How much house can we afford?

I made a few assumptions from your numbers You would go from: +$250K home equity +$120K cash 7 years remaining on a 15 year mortgage, 2.5% rate, monthly payment of $1500 -$150K remaining on mortgage to +$250K home equity +$80K cash ($40K goes to realtors/movers/lawyers/furniture/etc) 30 years remai...
by orhkaf
Thu Jan 23, 2020 1:58 am
Forum: Personal Investments
Topic: Should we sell our rental portfolio?
Replies: 34
Views: 2629

Re: Should we sell our rental portfolio?

Put on market and sell.

The less worry during retirement the better. 8-)
by orhkaf
Thu Jan 16, 2020 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: Engineers - What are you making? ($$$)
Replies: 357
Views: 43498

Re: Engineers - What are you making?

S/o just got w2 yesterday. Made 385k as a principal engineer for 2019 in the Bay Area.
by orhkaf
Wed Jan 15, 2020 5:03 pm
Forum: Personal Investments
Topic: advice on retirement portfolio for a $20m windfall
Replies: 50
Views: 8061

Re: advice on retirement portfolio for a $20m windfall

Congrats!

I would consider establishing primary residence in a state that doesn’t charge state tax. A portfolio with a sum of money that large is going to be throwing off some serious dividends.
by orhkaf
Wed Jan 08, 2020 7:08 pm
Forum: Investing - Theory, News & General
Topic: In my opinion, Best Overall Retirement Article
Replies: 95
Views: 11138

Re: In my opinion, Best Overall Retirement Article

My mental decline is due to dealing with all the morons at work.
by orhkaf
Tue Jan 07, 2020 12:23 am
Forum: Personal Investments
Topic: Can I retire (early)?
Replies: 49
Views: 6008

Re: Can I retire (early)?

I would’ve retired long ago my friend. Enjoy the time with your parent(s).
by orhkaf
Fri Jan 03, 2020 11:47 pm
Forum: Personal Finance (Not Investing)
Topic: Medical school at 34 - Is this financial suicide?
Replies: 116
Views: 10221

Re: Medical school at 34 - Is this financial suicide?

Think long and hard about this decision. You’re about to raid your life savings. It’ll take you many years — perhaps more than a decade to break even.
by orhkaf
Thu Jan 02, 2020 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth chasing savings account interest rates?
Replies: 14
Views: 1369

Re: Is it worth chasing savings account interest rates?

Not worth the hassle to keep opening and closing accounts. Just keep it in vusxx and cal if a day.
by orhkaf
Wed Dec 25, 2019 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: Should I help ex wife get a job at my agency?
Replies: 20
Views: 1867

Re: Should I help ex wife get a job at my agency?

I’d steer clear from helping her.

How would you feel if your close coworker started dating her? Sounds like a disaster waiting to unfold.
by orhkaf
Thu Dec 19, 2019 3:15 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 5617
Views: 480778

Re: U.S. stocks continue to soar!

Why doesn’t buying the 3-fund help too? Three fund wouldn’t help because any purchases made today probably won’t settle until late this afternoon. We needed a kick to the stock market NOW. And we got it. S&P 3200 achieved. Less than 4 trading days until Christmas. I know Bogle didn't like ETFs, but...
by orhkaf
Sun Dec 15, 2019 12:25 pm
Forum: Personal Consumer Issues
Topic: Should I buy a new or used Toyota Camry?
Replies: 83
Views: 4357

Re: Should I buy a new or used Toyota Camry?

Buy new. Not only will you be getting a vehicle
With no miles on it, you’ll have the upgraded safety features which are pretty useful. Preventing one car accident because those safety feature were there will more than make up for the difference in price.
by orhkaf
Mon Nov 25, 2019 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: We have a prenup, now buying a house.
Replies: 117
Views: 7621

Re: We have a prenup, now buying a house.

You had a high net worth going into the marriage, so it’s understandable that you wanted a prenup. But in my opinion any wealth accumulated after marriage should be split evenly. Marriage is a team effort and it doesn’t seem like she’s in it for the money. She’s the mother of your child and you’ve b...
by orhkaf
Sat Nov 23, 2019 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Job offer with equity component
Replies: 18
Views: 1933

Re: Job offer with equity component

Only time will tell whether your decision was correct or not. If your company becomes the next Facebook you’ll be hating yourself if you take the 5 figure bonus in cash now. I would spread the risk — take 50% in cash and the other 50% in equity. This way you can’t be too mad at yourself either way i...
by orhkaf
Thu Nov 21, 2019 10:38 pm
Forum: Personal Finance (Not Investing)
Topic: What does "get back on my feet" mean?
Replies: 84
Views: 7933

Re: What does "get back on my feet" mean?

I would send a link to this thread to your sister and her son-in-law and ask them to post a reply.
by orhkaf
Wed Nov 20, 2019 12:30 pm
Forum: Investing - Theory, News & General
Topic: Wheres best place park emergency funds these days?
Replies: 47
Views: 6172

Re: Wheres best place park emergency funds these days?

In an effort to not have so many different accounts and to not keep chasing yield, I just keep my emergency fund in VUSXX.
by orhkaf
Mon Nov 11, 2019 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: OB/GYN Prepayment?
Replies: 20
Views: 1340

Re: OB/GYN Prepayment?

I doubt they will roll over the excess to the next calendar years deductible. Getting your money back will be almost impossible. Have them send you a bill according to the negotiated fee schedule once the service is performed.
by orhkaf
Mon Nov 11, 2019 6:34 pm
Forum: Personal Investments
Topic: New Construction Home Purchase
Replies: 17
Views: 1314

Re: New Construction Home Purchase

In general, it would be a much better value to purchase pre-owned. A lot of the things you see in the model homes are options, which could easily mark up the base price by 20%+. Not to mention the landscaping and additional custom upgrades that aren't included by the builder, you'll most likely end ...
by orhkaf
Wed Nov 06, 2019 9:04 pm
Forum: Personal Consumer Issues
Topic: Question on refilling prescriptions
Replies: 41
Views: 2783

Re: Question on refilling prescriptions

All you need to do is call the pharmacy you’d like to transfer to and give them your info and your original pharmacy’s info. They will call and get the Rx transferred for you.
by orhkaf
Mon Oct 14, 2019 8:25 pm
Forum: Personal Finance (Not Investing)
Topic: Frustrated with dentist fees
Replies: 82
Views: 6695

Re: Frustrated with dentist fees

I've had my fair share of dentist's try to scam me. I now keep a PDF version of the fee schedule on my phone and I pull it up to "double check" the charges. If you have an HMO dental insurance the fee should usually be stated as a $ amount in the fee schedule. If it's a PPO dental plan then it wont ...
by orhkaf
Sat Oct 12, 2019 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: GE Pension Buyout
Replies: 85
Views: 13391

Re: GE Pension Buyout

If it were me I would take the pay out. God knows if I’ll even be alive in 5 years.

This will make it much easier for my heirs to get what’s rightfully theirs.
by orhkaf
Mon Sep 30, 2019 11:36 am
Forum: Personal Finance (Not Investing)
Topic: New job and dislike it ... go back to old employer?
Replies: 43
Views: 4843

Re: New job and dislike it ... go back to old employer?

To be honest both jobs sound terrible. I don't think going back to your previous employer will make you much happier. Search for a new job closer to home. In the mean time enjoy your 3 days off and the bigger pay checks.
by orhkaf
Sat Sep 21, 2019 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Overpaid for my house, next options?
Replies: 53
Views: 9297

Re: Overpaid for my house, next options?

Sounds like you bought the wrong house all together. It's better to pay a little more to be in a nicer neighborhood than to buy in a worse area and move up later. The transaction costs of selling and buying are outrageous. I would start a house down payment fund for the next house you want to buy la...
by orhkaf
Sat Sep 21, 2019 7:40 pm
Forum: Personal Investments
Topic: Sold my Business (2.2 Million)! Where to store proceeds while I think?
Replies: 204
Views: 16764

Re: Update Post Sale of Business! - Pay Off Home or Not?

Do you have any other streams of income coming in consistently to cover mortgage and expenses? If you do I would cash flow it from that. If not I would consider paying off the mortgage, you’ll still have a big chunk of :moneybag to live off of, plus the additional 800k coming in over the next 5 year...