Search found 1239 matches

by Thegame14
Tue Nov 19, 2019 12:58 pm
Forum: Personal Finance (Not Investing)
Topic: High Mortgage
Replies: 5
Views: 385

Re: High Mortgage

My wife and I both work and are saving about 50% of our income, but have high monthly payments on our 30 year mortgage (20 yrs left). We made the minimum down payment and after 10yrs are just hitting the 20% equity point. So we have about $400k left at around 5%. Realestate prices in our area are v...
by Thegame14
Mon Nov 18, 2019 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: Apple Pay. Does anyone use it?
Replies: 196
Views: 11957

Re: Apple Pay. Does anyone use it?

I tried it at a local liquor store because I got gas and left wallet in car, and the CC got hacked so didn't use it again. Same thing happened this weekend but now at shoprite so I used apple pay there. Hoping it wont get my CC hacked again, on the bright side this quarter on chase freedom, apple p...
by Thegame14
Mon Nov 18, 2019 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Apple Pay. Does anyone use it?
Replies: 196
Views: 11957

Re: Apple Pay. Does anyone use it?

I tried it at a local liquor store because I got gas and left wallet in car, and the CC got hacked so didn't use it again. Same thing happened this weekend but now at shoprite so I used apple pay there. Hoping it wont get my CC hacked again, on the bright side this quarter on chase freedom, apple pa...
by Thegame14
Mon Nov 18, 2019 5:10 pm
Forum: Personal Investments
Topic: buying VIX
Replies: 10
Views: 804

Re: buying VIX

that is what I wanted to invest directly in VIX or some ETF that mirrors its performance. It seems like Vix at 12 is the absolute bottom and it is close right now. There will always be some scare or report or incident that causes it to spike and I can sell on the spikes and buy when it returns to no...
by Thegame14
Mon Nov 18, 2019 3:54 pm
Forum: Personal Investments
Topic: buying VIX
Replies: 10
Views: 804

buying VIX

If I wanted to buy shares of the VIX on Vanguard, would that be buying the VIXY fund? Seems like VIX bottoms around 12 and spikes up to 20's so seems like a good speculation for fun. talking $1,000 of my 300K in investments.
by Thegame14
Mon Nov 18, 2019 1:44 pm
Forum: Personal Consumer Issues
Topic: Disney plus streaming deal
Replies: 52
Views: 5399

Re: Disney plus streaming deal

and what If I already signed up for one year, but I am in the last day of the free trial, can I cancel the one year and sign up for the three year?
by Thegame14
Fri Nov 15, 2019 9:25 am
Forum: Personal Investments
Topic: Your most difficult and your most euphoric investing moments
Replies: 24
Views: 1830

Re: Your most difficult and your most euphoric investing moments

Watching Wamu go from a $40 stock to basically worthless, selling shares of Apple at $125 which I bought at $90, to pay for grad school classes because I didn't want to take out loans....
by Thegame14
Thu Nov 14, 2019 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: How Worried Should I Be/Is there anything I can do right now? (job offer/background check)
Replies: 33
Views: 3014

Re: How Worried Should I Be/Is there anything I can do right now? (job offer/background check)

I don't think you have to worry, I think they look more for jail time or arrests that could embarrass them or their reputation. Worst case they ask you about it, and you can probably say it is private, or say you went to a party had some wine and got into a minor accident, but you have learned from ...
by Thegame14
Thu Nov 14, 2019 11:43 am
Forum: Personal Finance (Not Investing)
Topic: Need Help - DW job loss transition period bonus negotiation
Replies: 17
Views: 1159

Re: Need Help - DW job loss transition period bonus negotiation

Best strategy would have been to align her start date at new job to the agreed date at the old job... then nothing to negotiate. What will her new job think about her supporting her old employer after she begins her new job? Many places have pretty strict policies around this Mike +1, tell new empl...
by Thegame14
Wed Nov 13, 2019 2:58 pm
Forum: Personal Consumer Issues
Topic: Romantic northeast winter weekend getaway?
Replies: 28
Views: 2946

Re: Romantic northeast winter weekend getaway?

any advice for a really enjoyable long winter weekend? thinking a nice cozy atmosphere (rustic, fireplace, scenic) 3-6 hours from NYC for a long weekend. thanks! Residence Inn, by Marriott, Wayne, NJ https://www.google.com/travel/hotels/Wayne/entity/CgoI4vq3keLKyuJpEAE?g2lb=2502405%2C2502548%2C4208...
by Thegame14
Wed Nov 13, 2019 10:03 am
Forum: Personal Investments
Topic: How to combine finances with your spouse? Recently married/early30s
Replies: 72
Views: 4954

Re: How to combine finances with your spouse? Recently married/early30s

I think this varies by generation, the Boomers are mostly in the one pot method. I am a late Gen X early Y. When my wife and I got married we kept almost all accounts separate. We started a joint account checking account for a "wedding fund", we started putting part of each paycheck into it to save ...
by Thegame14
Mon Nov 11, 2019 6:22 pm
Forum: Personal Investments
Topic: Investing $140k in cash at 1k per week
Replies: 174
Views: 11613

Re: Investing $140k in cash at 1k per week

Hello :happy I have $140k in high yield saving accounts (FDIC insured) that pays me %2 - %2.20 in annual interest. My plan is to is transfer $1000 from my saving account to my brokerage account and buy $1000 worth of VTI every week . At this rate, it would take a bit more than 2.5 years to invest a...
by Thegame14
Mon Nov 11, 2019 4:36 pm
Forum: Personal Investments
Topic: Spend It All vs. Leave $$ for the Kids
Replies: 192
Views: 14860

Re: Spend It All vs. Leave $$ for the Kids

my goal is to transition from working for a company, to working for myself. I recently started a company and I am doing Facebook Advertising Management. I hope to turn that into a legit business hopefully making at least $5K a month, then I may one day start home based accounting firm where I can ma...
by Thegame14
Mon Nov 11, 2019 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: Homebuying in Los Angeles - Advice Needed
Replies: 64
Views: 5150

Re: Homebuying in Los Angeles - Advice Needed

If I told you I made $100K and was looking to buy a $250K house, would you say that I can afford it? THat is the same ratio as your are, just larger numbers, you are saying I cant psychologically believe how much a house costs, I am saying I cant psychologically imagine making $500K a year and worr...
by Thegame14
Mon Nov 11, 2019 2:22 pm
Forum: Personal Finance (Not Investing)
Topic: Homebuying in Los Angeles - Advice Needed
Replies: 64
Views: 5150

Re: Homebuying in Los Angeles - Advice Needed

If I told you I made $100K and was looking to buy a $250K house, would you say that I can afford it? THat is the same ratio as your are, just larger numbers, you are saying I cant psychologically believe how much a house costs, I am saying I cant psychologically imagine making $500K a year and worry...
by Thegame14
Thu Nov 07, 2019 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Need to separate biz transactions from personal -- do we need a biz checking account?
Replies: 18
Views: 853

Re: Need to separate biz transactions from personal -- do we need a biz checking account?

how would this work for example, if I have a small side hustle where I manage Facebook Advertisements, so I need to use my cell phone to call clients, but also use my phone to try to get clients as well. So if I make enough money this year, and purchase a new laptop or cell phone, how do I determin...
by Thegame14
Thu Nov 07, 2019 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Need to separate biz transactions from personal -- do we need a biz checking account?
Replies: 18
Views: 853

Re: Need to separate biz transactions from personal -- do we need a biz checking account?

how would this work for example, if I have a small side hustle where I manage Facebook Advertisements, so I need to use my cell phone to call clients, but also use my phone to try to get clients as well. So if I make enough money this year, and purchase a new laptop or cell phone, how do I determin...
by Thegame14
Thu Nov 07, 2019 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Need to separate biz transactions from personal -- do we need a biz checking account?
Replies: 18
Views: 853

Re: Need to separate biz transactions from personal -- do we need a biz checking account?

how would this work for example, if I have a small side hustle where I manage Facebook Advertisements, so I need to use my cell phone to call clients, but also use my phone to try to get clients as well. So if I make enough money this year, and purchase a new laptop or cell phone, how do I determine...
by Thegame14
Thu Nov 07, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Should be I be investing anything in my current situation?
Replies: 19
Views: 1611

Re: Should be I be investing anything in my current situation?

I think it is more important that you figure out a long term employtment plan. I personally think you should try law enforcement, pay is good, it becomes great pay towards the end and great pensoin. In my town the AVERAGE police salary is $140K, plus overtime plus pension after 25 years. They also ...
by Thegame14
Thu Nov 07, 2019 1:02 am
Forum: Personal Finance (Not Investing)
Topic: Should be I be investing anything in my current situation?
Replies: 19
Views: 1611

Re: Should be I be investing anything in my current situation?

I think it is more important that you figure out a long term employtment plan. I personally think you should try law enforcement, pay is good, it becomes great pay towards the end and great pensoin. In my town the AVERAGE police salary is $140K, plus overtime plus pension after 25 years. They also p...
by Thegame14
Tue Nov 05, 2019 3:29 pm
Forum: Personal Consumer Issues
Topic: Weddings - The good? The bad?
Replies: 47
Views: 4286

Re: Weddings - The good? The bad?

the biggest issue is always budget. Worst wedding no alcohol and the dinner was inedible, so no alcohol and bad/inedible food.
by Thegame14
Tue Nov 05, 2019 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes on Bonus
Replies: 27
Views: 3067

Re: Taxes on Bonus

it doesn't matter how much they withhold. If they take out "too much" then you will get a bigger tax refund, if they take out "too little" you will owe more taxes on your tax return.
by Thegame14
Tue Nov 05, 2019 1:31 pm
Forum: Personal Investments
Topic: Retirement
Replies: 21
Views: 2715

Re: Retirement

also remember to deduct from your "current expenses" your student loan payments, car payments, mortgage payments as they will all be paid off in retirement, also then add about $30-40K per year in Social security and the numbers may look drastically different. Also exclude investments into retiremen...
by Thegame14
Tue Nov 05, 2019 1:30 pm
Forum: Personal Investments
Topic: Retirement
Replies: 21
Views: 2715

Re: Retirement

have you saved nothing for retirement for the last 15 working years?
by Thegame14
Tue Nov 05, 2019 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Pay down 7% 403b loan or 3.74% car loan first?
Replies: 38
Views: 2040

Re: Pay down 7% 403b loan or 3.74% car loan first?

I get that this is Bogleheads so its going to be conservative, but I don't agree with the disdain for all consumer debt for all people always. If everyone was that conservative, they wouldn't let themselves have fun until they saved to pay cash for everything. Yes, a fun 40k car is technically outs...
by Thegame14
Mon Nov 04, 2019 3:29 pm
Forum: Personal Investments
Topic: At the halfway mark, need help with 2 big decisions
Replies: 30
Views: 3169

Re: At the halfway mark, need help with 2 big decisions

can you until after bonus is paid out? the year Is almost up, same with the $60K in stock, if waiting a few months gets you a $35K bonus and vests $60K in stock, id wait to get that and then leave.
by Thegame14
Mon Nov 04, 2019 10:00 am
Forum: Personal Finance (Not Investing)
Topic: Does leasing make sense in this case?
Replies: 45
Views: 2736

Re: Does leasing make sense in this case?

what does "due for a new vehicle" mean? Can't she just drive current car another 3 years?
by Thegame14
Fri Nov 01, 2019 8:39 am
Forum: Personal Investments
Topic: New government worker investing sanity check
Replies: 15
Views: 1012

Re: New government worker investing sanity check

first obvious thing to do is take the $25K from Crypto and put that towards student loans and almost wipe them out.
by Thegame14
Thu Oct 31, 2019 8:33 pm
Forum: Personal Finance (Not Investing)
Topic: [Just got married] Looking for ways to cut down on my budget
Replies: 80
Views: 6427

Re: How do people live on an average household income of 60K? Looking for ways to cut down on my budget

~1/3 of your joint gross income is going towards taxes and another 1/3 towards student loan/mortgage debt. That leaves only 1/3 for savings and living expenses. Consider refinancing to a 30-year term to give yourselves some breathing room. You can always pay extra towards principal if you have extr...
by Thegame14
Thu Oct 31, 2019 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: [Just got married] Looking for ways to cut down on my budget
Replies: 80
Views: 6427

Re: How do people live on an average household income of 60K? Looking for ways to cut down on my budget

I think you are UNDER estimating child care, most reputable child care for a baby is $1,500 and up.
by Thegame14
Thu Oct 31, 2019 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Possible Layoff: Need Assurance That We Will Be Okay
Replies: 153
Views: 12539

Re: Possible Layoff: Need Assurance That We Will Be Okay

also it is small, but you can collect unemployment for a while, that is like $2,500 a month for like 9 months.
by Thegame14
Wed Oct 30, 2019 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: How do I make more money with my accounting degree?
Replies: 29
Views: 2997

Re: How do I make more money with my accounting degree?

you need to move into the GL world to get more experience, getting your CPA would be great, but if you had a bad GPA in school, that may be very hard for you to get. IT took my 2 years of basically working 50 hours a week and studying 40 hours a week to pass. I had little to no social life for two y...
by Thegame14
Tue Oct 29, 2019 11:01 pm
Forum: Personal Consumer Issues
Topic: I want a pre-made, wholesome lunch delivered to me daily for under $15. Options?
Replies: 52
Views: 4695

Re: I want a pre-made, wholesome lunch delivered to me daily for under $15. Options?

have chipotle deliver a bowl with brown rice, beans, chicken, no cheese, no sour cream, no guac, just brown rice, beans and chicken. It costs like $7.50 in person, so then just have to have uber eats or another delivery service get it to you.
by Thegame14
Tue Oct 29, 2019 10:54 pm
Forum: Personal Investments
Topic: Inexperienced investor needing help with $1+ million portfolio
Replies: 23
Views: 4808

Re: Inexperienced investor needing help with $1+ million portfolio

easiest thing to tackle first is paying off that $50K in debt.
by Thegame14
Tue Oct 29, 2019 9:01 am
Forum: Personal Investments
Topic: Got Finances in Order, ready to begin investing?
Replies: 22
Views: 1610

Re: Got Finances in Order, ready to begin investing?

first you should be putting enough into your 401K to get company match. Second you should pay off car 2 since it is the lower amount due and at a higher rate, then move to car 1, then tackle stuent loans. Once your only debt is the mortgage can you think about investing outside the 401K. gj
by Thegame14
Mon Oct 28, 2019 3:34 pm
Forum: Personal Investments
Topic: $930,000 new money to invest
Replies: 35
Views: 3802

Re: $930,000 new money to invest

do you have any debt to pay off? Car loans? Mortgage? Id start there first. If you are worried about the market and this mystery recession they have been talking about for years, park it in money market for a while, at least you will still make something there. I would pay off all debts including mo...
by Thegame14
Mon Oct 28, 2019 1:37 pm
Forum: Personal Investments
Topic: Questions for potential new employer
Replies: 18
Views: 974

Re: Questions for potential new employer

only things I have ever seen a company negotiate are salary and sign on bonus. So these are all good questions, but likely there is a policy and they have to follow it. Id want to know about work life balance, and what policies exist the ensure it isn't just talk. work from home policy/expectations ...
by Thegame14
Mon Oct 28, 2019 11:22 am
Forum: Personal Consumer Issues
Topic: How much do you plan to spend on your children's weddings?
Replies: 182
Views: 8838

Re: How much do you plan to spend on your children's weddings?

when I got engaged, my parents said we are giving you $10,000 as a gift towards the wedding. We plan on something similar, depending on how much we can afford at that time and depending on how many more kids we have.
by Thegame14
Sun Oct 27, 2019 12:44 pm
Forum: Personal Consumer Issues
Topic: Optimum Triple Play vs Altice One?
Replies: 2
Views: 206

Optimum Triple Play vs Altice One?

I have optimum triple play wiht 3 DVR boxes and basic cable and pay $178 with discounts, used to pay about $220, but called to discontinue and was offered the discount. Now I see cablevision advertising Altice One for $69.99 a month plus fees and taxes, it sayss DVR is in cloud, and it is TV and Int...
by Thegame14
Sat Oct 26, 2019 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Advice needed on interesting PSLF situation - should we change course?
Replies: 25
Views: 1328

Re: Advice needed on interesting PSLF situation - should we change course?

doesnt the PSLF program have a 99% rejection rate? Also who cares about that amount of money when you make half a million a year???
by Thegame14
Sat Oct 26, 2019 12:34 pm
Forum: Personal Investments
Topic: 529/son got accepted to medical school whahoooo!
Replies: 53
Views: 8334

Re: 529/son got accepted to medical school whahoooo!

Son just got accepted to medical shool this week. Due to an incredible investing education learned on this board, I have enough money in a 529 to pay for all four years. He earned his way through college with scholarships and working. It is currently 90 percent in stocks and 10 percent bonds. Shoul...
by Thegame14
Fri Oct 25, 2019 1:18 pm
Forum: Personal Finance (Not Investing)
Topic: passing assets before retiring?
Replies: 23
Views: 2238

Re: passing assets before retiring?

maybe this is related to the 5 year look back rule for Medicaid. Some people will gift money to their heirs so that if they need long term care, they don't have assets to deplete before Medicaid kicks in and pays for it.
by Thegame14
Thu Oct 24, 2019 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Can I open and contribute to a IRA while receiving financial aid and government assistance.
Replies: 31
Views: 1992

Re: Can I open and contribute to a IRA while receiving financial aid and government assistance.

assistance is there for those who need it and you need it. I would think that the 401K would be the best bet since it would reduce your earned income which would be probably the first test for if you qualify for aid. I would do the 401K up to the match. The rest I would use to pay off debts or maybe...
by Thegame14
Thu Oct 24, 2019 9:48 am
Forum: Personal Investments
Topic: How much to invest in 401K with new job?
Replies: 17
Views: 1348

Re: How much to invest in 401K with new job?

roll the fidelity into vanguard, no reason to have two old 401Ks at different companies.
by Thegame14
Thu Oct 24, 2019 9:18 am
Forum: Personal Consumer Issues
Topic: Rebrand to a new career...
Replies: 19
Views: 2308

Re: Rebrand to a new career...

maybe try consulting. The truth is that companies don't like hiring older workers, on top of that you want a career change but don't mention if you have a degree in new career, so likely not. So first companies don't like hiring older workers and the last thing companies want to do is train people, ...
by Thegame14
Tue Oct 22, 2019 3:41 pm
Forum: Personal Finance (Not Investing)
Topic: should my son negotiate paralegal offer?
Replies: 28
Views: 2291

Re: should my son negotiate paralegal offer?

Id take the offer, tell him learn as much as he can work as much OT as he can, and bank as much as he can. At this stage of his career, the most important things are experience and savings rate. So he can live at home and bank most of his salary, ideally in Roth IRA or Roth 401K and get as much expe...
by Thegame14
Mon Oct 21, 2019 5:01 pm
Forum: Personal Consumer Issues
Topic: Wifi in 3000 sq ft house and garage
Replies: 41
Views: 3183

Re: Wifi in 3000 sq ft house and garage

I bought a thing that you plug in near your router, then you can add other hubs around the house that talk to each other. It was a google product.
by Thegame14
Mon Oct 21, 2019 12:47 pm
Forum: Personal Investments
Topic: Just starting out, baby on the way status check
Replies: 20
Views: 1499

Re: Just starting out, baby on the way status check

I have to assume these incomes are new, because you have little saving compared to such a high income. I would pay off the car loans, ASAP, I would max out the 401K's to get the tax break, and start researching 529 plans. start with your current state, see if they offer any incentives, if not resear...
by Thegame14
Mon Oct 21, 2019 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: My husband says I can retire. Is he right?
Replies: 45
Views: 6215

Re: My husband says I can retire. Is he right?

you seem to be ok, how about work one more year, save as much as you can, and then re-assess next year with one more year of savings and more insight into the market, plus you should already have been changing your AA to be less risky the closer you get to retirement, so that should help in an equit...
by Thegame14
Sun Oct 20, 2019 6:22 pm
Forum: Personal Consumer Issues
Topic: Updgrade car for new safety features?
Replies: 77
Views: 4901

Re: Updgrade car for new safety features?

I drive a 2000 toyota Camry, the safest thing about a car is a driver. Many of the new "safety features" could be a distraction all the lane warnings, backup camera, etc. are just more things to keep you from paying attention and knowing how to drive well. Dont rely on a lane change warning, instad ...