Search found 150 matches

by sd323232
Sun Nov 10, 2019 11:44 pm
Forum: Personal Investments
Topic: 120K capital gains- what should i do?
Replies: 5
Views: 1337

Re: 120K capital gains- what should i do?

Your long term capital gains will be taxed at 15%. Where does 32% coming from?
by sd323232
Fri Nov 08, 2019 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Mother gave out social security number to fraudulent caller
Replies: 12
Views: 1598

Re: Mother gave out social security number to fraudulent caller

You can buy identity theft insurance. With all the breaches happening, probably all our ss numbers are out there.
by sd323232
Mon Nov 04, 2019 8:21 pm
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 544
Views: 72270

Re: Flaunt Your High-Mileage Car

Toyota Camry LE, 2011. 200K miles.
by sd323232
Sun Nov 03, 2019 1:54 am
Forum: Personal Investments
Topic: investment check-up, 34-year-old student
Replies: 26
Views: 2585

Re: investment check-up, 34-year-old student

To be absolutely definitive about either traditional or Roth contributions being superior, one would have to predict the future, so let's ignore that and focus on current tax law and math. I already posted above that even if the OP gets $50k of SS benefits, they will still need $1.44 million of tax...
by sd323232
Sun Nov 03, 2019 1:40 am
Forum: Personal Consumer Issues
Topic: Man’s life savings stolen from hijacked cellphone number
Replies: 241
Views: 28692

Re: You get hacked, lost a lot of money. What can you do?

i use google authenticator, it is much more secure than text verification
by sd323232
Sat Nov 02, 2019 7:05 am
Forum: Personal Investments
Topic: investment check-up, 34-year-old student
Replies: 26
Views: 2585

Re: investment check-up, 34-year-old student

Roth 401k doesn’t make sense for you. Need to move all 401ks to traditional ASAP and use the tax savings for your ROTH IRAs. Why doesn't a Roth 401k make sense? (It might not, I just don't understand why it doesn't.) We max both Roth IRAs each year, and while our marginal tax rate is high, at 31%, ...
by sd323232
Sat Nov 02, 2019 7:01 am
Forum: Personal Finance (Not Investing)
Topic: 1st Tax Audit in 22 years!
Replies: 37
Views: 5326

Re: 1st Tax Audit in 22 years!

Vry good, i get Audit Defense also, def worth it.
by sd323232
Thu Oct 31, 2019 3:20 pm
Forum: Personal Investments
Topic: investment check-up, 34-year-old student
Replies: 26
Views: 2585

Re: investment check-up, 34-year-old student

Roth 401k doesn’t make sense for you. Need to move all 401ks to traditional ASAP and use the tax savings for your ROTH IRAs. Why doesn't a Roth 401k make sense? (It might not, I just don't understand why it doesn't.) We max both Roth IRAs each year, and while our marginal tax rate is high, at 31%, ...
by sd323232
Wed Oct 30, 2019 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance $120k student loans before or after marriage?
Replies: 32
Views: 1858

Re: Refinance $120k student loans before or after marriage?

i dont think you need to do anything. With 450K income, you can pay it off, or keep paying minimum. In long run, you will do great either way.
by sd323232
Tue Oct 29, 2019 7:03 pm
Forum: Personal Consumer Issues
Topic: Is this new to engineering job hunting?
Replies: 33
Views: 4238

Re: Is this new to engineering job hunting?

THANK YOU all for your comments and suggestions. With your help, I have concluded that my son's company is an isolated case, the rest of the country are still pretty much the same as usual. I have forwarded all of your comments and suggestions to him, it is eye opening for him to see that the rest ...
by sd323232
Sun Oct 27, 2019 3:36 pm
Forum: Personal Consumer Issues
Topic: Is this new to engineering job hunting?
Replies: 33
Views: 4238

Re: Is this new to engineering job hunting?

So as a relatively early career engineer that is at my 3rd company in 10 years, I would not call your son's situation typical. Hiring interns outright is very typical and hiring new employees with a 1 year "easy to fire" clause pending their first performance review is also common. For the most par...
by sd323232
Wed Oct 23, 2019 3:13 pm
Forum: Personal Consumer Issues
Topic: Sharing my camry 2011 overall/annual ownership costs.
Replies: 19
Views: 1185

Re: Sharing my camry 2011 overall/annual ownership costs.

It appears you are spending around $2,000 in gas per year (assuming 22K miles/year, 30MPG and $2.75/gallon). LOL. $2.75/gallon??? Where the heck can you buy gas for that? It's over $4 here in California. Haven't seen $2.75 in years! LOL. :mrgreen: We pay $1.95 for the past month. I'm glad I dont li...
by sd323232
Wed Oct 23, 2019 1:23 pm
Forum: Personal Consumer Issues
Topic: Sharing my camry 2011 overall/annual ownership costs.
Replies: 19
Views: 1185

Re: Sharing my camry 2011 overall/annual ownership costs.

I like the discussion, lets keep it going guys!!!
by sd323232
Wed Oct 23, 2019 9:59 am
Forum: Personal Consumer Issues
Topic: Sharing my camry 2011 overall/annual ownership costs.
Replies: 19
Views: 1185

Re: Sharing my camry 2011 overall/annual ownership costs.

Sharing my camry 2011 annual ownership costs. Miles driven from april 2017 - october 2019: 55K 2017 - $4,246 (gas, maintenance, registration, insurance, etc) 2018 - $4,762 (gas, maintenance, registration, insurance, etc) 2019 - $4,182 (from jan to now) (gas, maintenance, registration, insurance, et...
by sd323232
Wed Oct 23, 2019 9:05 am
Forum: Personal Consumer Issues
Topic: Sharing my camry 2011 overall/annual ownership costs.
Replies: 19
Views: 1185

Sharing my camry 2011 overall/annual ownership costs.

Sharing my camry 2011 annual ownership costs. Bought in 2017 for $9,000 (paid cash), 2011 Camry with 144K miles (i know, i overpaid a little). Current mileage - 199K Miles driven from april 2017 - october 2019: 55K 2017 - $4,246 (gas, maintenance, registration, insurance, etc) 2018 - $4,762 (gas, ma...
by sd323232
Wed Oct 23, 2019 7:53 am
Forum: Personal Investments
Topic: Getting a pool of money into the market
Replies: 5
Views: 603

Re: Getting a pool of money into the market

Invest it only if you not gonna touch it for next 20-30 years. If you will need money in next 3-5 years, savings account is probably safest place for you.
by sd323232
Sat Oct 19, 2019 5:01 am
Forum: Personal Finance (Not Investing)
Topic: Refinancing $160k Law School Student Loan
Replies: 13
Views: 1511

Re: Refinancing $160k Law School Student Loan

will you have option to pay off loan early if you go with 7 year repayment plan? Variable rate will not be issue with your income and like you said, you can refinance if needed. Go with 7 year old plan and im pretty sure you will pay it off sooner cause your income is gonna go up from now on. You in...
by sd323232
Wed Oct 16, 2019 12:30 pm
Forum: Personal Finance (Not Investing)
Topic: Prenuptial agreement for moderately successful 30 year olds
Replies: 68
Views: 5001

Re: Prenuptial agreement for moderately successful 30 year olds

Many older bogleheads dont understand that times have changed. Marriages dont last. I'm also in my 30s as OP. OP, this is great way to protect your capital. Many people start prenup shaming us just because they had 50-60-70 year marriages. They dont understand how happy they are having such a long m...
by sd323232
Tue Oct 15, 2019 7:38 am
Forum: Investing - Theory, News & General
Topic: Isn't lack of transparency in China a huge risk for international stock index?
Replies: 132
Views: 11858

Re: Isn't lack of transparency in China a huge risk for international stock index?

So if we look at world stock index like VT which also holds Asia stocks - isn't it a huge risk that Chinese stock data is pretty much fabricated? We already know that China is extremely shady with data they provide and most of it is probably fabricated and inflated. So if you invest in total stock ...
by sd323232
Mon Oct 14, 2019 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: poor Boglehead sending my kids to college
Replies: 69
Views: 5833

Re: poor Boglehead sending my kids to college

Send them to community college for first 2 years. Then transfer to cheap state school.
by sd323232
Sun Oct 13, 2019 4:12 pm
Forum: Personal Investments
Topic: What’s the point of a taxable account?
Replies: 62
Views: 6787

Re: What’s the point of a taxable account?

Hey all, The more I read the forum, the more I see people bring up questions regarding taxable accounts. At age 29, I will be honest that 75% of my total portfolio is in a taxable account (vtsax), the remaining 25% in a Roth IRA. Every week deposit into my Roth IRA account, while also buying into m...
by sd323232
Sat Oct 12, 2019 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: Should I invest in a ski in / ski out condo?
Replies: 50
Views: 5282

Re: Should I invest in a ski in / ski out condo?

What is your networth? Can you pay cash for it? If your networth is much more than 400k you will pay for condo, buy it.
by sd323232
Thu Oct 10, 2019 2:07 pm
Forum: Investing - Theory, News & General
Topic: highly compensated employee (HCE) Time bomb?
Replies: 91
Views: 8816

Re: highly compensated employee (HCE) Time bomb?

Correct me if I am wrong but that bump into becoming a HCE actually is a huge penalty and unless you continue to get substantial races from that point you are better off financially not getting any raises and staying under that amount staying under that amount. So you rather decline a promotion at ...
by sd323232
Mon Oct 07, 2019 2:27 pm
Forum: Personal Investments
Topic: New investor... Am I crazy?
Replies: 42
Views: 4034

Re: New investor... Am I crazy?

Thanks guys for the feedback! Maybe I am overthinking this and trying to overcomplicate things... I did start with the basic thinking of putting it all in one index fund (something like VTSAX that was mentioned or something similar)... but I also feel like I am young enough and not really needing t...
by sd323232
Fri Oct 04, 2019 11:42 am
Forum: Personal Finance (Not Investing)
Topic: [When my children marry, should they sign a pre-nuptial agreement?]
Replies: 95
Views: 7972

Re: Daddy I'm engaged! Pre-nup?

I read some of the responses here and frankly there is a bunch of hogwash being thrown around. 1) $1.3 million is a ton of money for young adults. It is a life changing amount of money and for those who think it is not that big of a deal must be living high and large compared to the rest of the US ...
by sd323232
Thu Oct 03, 2019 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: [When my children marry, should they sign a pre-nuptial agreement?]
Replies: 95
Views: 7972

Re: Daddy I'm engaged! Pre-nup?

I’m a lawyer and I find pre-nups and post-nups sort of self defeating. You are basically saying “I want to get married, but eventually it won’t work out, so here’s the split...” I couldn’t imagine marrying someone and asking for a pre-nup. In fact, my wife once asked why I never asked her for one e...
by sd323232
Tue Oct 01, 2019 4:07 pm
Forum: Personal Finance (Not Investing)
Topic: Luxury condo
Replies: 56
Views: 4877

Re: Luxury condo

Agree with the rest, HOA is deal killer here, and it will only increase. No deal.
by sd323232
Mon Sep 30, 2019 2:34 pm
Forum: Personal Investments
Topic: retiring abroad with savings worth 200k...
Replies: 101
Views: 15341

Re: retiring abroad with savings worth 200k...

Wiggums wrote:
Mon Sep 30, 2019 11:44 am
The OP was Last active:
Thu Nov 01, 2018 4:21 pm

I think we can call this case closed.

I agree Chief. Lets put this one to rest.
by sd323232
Fri Sep 27, 2019 9:03 pm
Forum: Personal Finance (Not Investing)
Topic: Convince me not to raid my Roth to buy first condo
Replies: 46
Views: 3340

Re: Convince me not to raid my Roth to buy first condo

Very bad idea, roth ira is protected even from bankruptcy. It's a safe haven for money to grow tax free. I would reccomend against using roth to buy condo.
by sd323232
Fri Sep 27, 2019 5:14 am
Forum: Investing - Theory, News & General
Topic: Uber IPO
Replies: 38
Views: 3145

Re: Uber IPO

I'm not an insider, but I can buy uber at huge discount from ipo price now :D
by sd323232
Thu Sep 26, 2019 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Loan
Replies: 19
Views: 1030

Re: Auto Loan

Hello Everyone, I am planning to buy a car in 2-3 months. Is it better to go for auto loan or pay it upfront? I do have cash that I saved up to buy this car but I realized that it is better to put this money in mutual fund and get auto loan. Is it a good idea? Appreciate if you can share you though...
by sd323232
Thu Sep 26, 2019 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: financially clueless senior MIL who thinks she’s rich
Replies: 162
Views: 20157

Re: financially clueless senior MIL who thinks she’s rich

You offered to help and she said "bud out". I don't see any further questions here. Old people often are not "adults". Their cognitive capacity decreases and their problems go down to the next generation. Saying that they refuse the help is just a poor excuse. Wow. Sit in someone else's shoes. If a...
by sd323232
Thu Sep 26, 2019 3:11 pm
Forum: Personal Finance (Not Investing)
Topic: financially clueless senior MIL who thinks she’s rich
Replies: 162
Views: 20157

Re: financially clueless senior MIL who thinks she’s rich

.Her house is in a rural area and probably sells for $200k. They have $190k in savings ( my FIL had it all in CD ). Her SSI+pension is about $2200 per month. My MILis 84 I think you're far too conservative. Her likelihood to live another 20 years is insanely low. She's worth 400k plus 2200 per mont...
by sd323232
Thu Sep 26, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: financially clueless senior MIL who thinks she’s rich
Replies: 162
Views: 20157

Re: financially clueless senior MIL who thinks she’s rich

Jack FFR1846 wrote:
Thu Sep 26, 2019 1:33 pm
You offered to help and she said "bud out".

I don't see any further questions here.
I agree, I think OP needs to stay away, this is none of her business, and MIL already said so.
by sd323232
Thu Sep 26, 2019 12:30 pm
Forum: Investing - Theory, News & General
Topic: How do you maximize an IPO purchase?
Replies: 14
Views: 1216

Re: How do you maximize an IPO purchase?

A company I've been following for several years has registered an initial public offering of common stock worth over 100 million. The number of shares or price range has not been disclosed. Four institutions will be offering the shares of the IPO. I believe in their product and would like to invest...
by sd323232
Wed Sep 25, 2019 1:54 pm
Forum: Personal Consumer Issues
Topic: First car for child
Replies: 129
Views: 8036

Re: First car for child

What about Chevy Tahoe? It will def protect the most on impact. Also roomy and looks good
by sd323232
Wed Sep 25, 2019 8:30 am
Forum: Investing - Theory, News & General
Topic: A Simple Market Timing Strategy That Works?
Replies: 19
Views: 2277

Re: A Simple Market Timing Strategy That Works?

I suppose that’s market timing, but not in the traditional sense. Traditional market timing would say sell as the investments start to decrease, buy when they start to go up (ie the reverse of what should be done). Buy the dip is, I suppose, market-timing, but it’s the “correct” form of market-timi...
by sd323232
Tue Sep 24, 2019 2:04 pm
Forum: Personal Investments
Topic: So, Wow [AA change after divorce]
Replies: 84
Views: 10889

Re: So, Wow [AA change after divorce]

ohai wrote:
Tue Sep 24, 2019 12:26 pm
Wait, are you guys saying OP is a 50-year-old guy putting a fiance through med school? This is like sketchy to the max.
We all know how this gonna end, but I understand the feeling.....
by sd323232
Sun Sep 22, 2019 7:43 pm
Forum: Personal Investments
Topic: retiring abroad with savings worth 200k...
Replies: 101
Views: 15341

Re: retiring abroad with savings worth 200k...

guys, this thread hit home for me, i also plan to retire, but in costa rica and with 600K+ hopefully. very interesting info here. im currently in progress of getting to 600K.
by sd323232
Sun Sep 22, 2019 11:55 am
Forum: Personal Finance (Not Investing)
Topic: understanding tax brackets, w2 and capitol gains income
Replies: 2
Views: 405

understanding tax brackets, w2 and capitol gains income

I came across this nice visual tax calculator and wanted to share. For people who are not clear of tax separation between capital gains and w2 income coming in. Type in w2 and capital gains numbers and let the calculator do the magic!

https://engaging-data.com/tax-brackets/ ... &cg=100000
by sd323232
Sun Sep 22, 2019 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Overpaid for my house, next options?
Replies: 53
Views: 8946

Re: Overpaid for my house, next options?

What is your income? If you really wanna get out, take 150K hit. How fast can you recover from that? It is a tough call, noone can predict future.
by sd323232
Sat Sep 21, 2019 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Long Term FAFSA/College Strategy
Replies: 150
Views: 8720

Re: Long Term FAFSA/College Strategy

Thinking way ahead here... Are there any particular strategies for planning for college 19-years away? Specifically, is there anything to be aware of in terms of where to allocate excess cash flow (e.g. 529, brokerage account, home principal payoff, etc.)? Current situation (obviously may be drasti...
by sd323232
Fri Sep 20, 2019 12:44 pm
Forum: Personal Consumer Issues
Topic: How hard is it to get into college?
Replies: 167
Views: 10660

Re: How hard is it to get into college?

I am not worried about test scores. She took the PSAT and did well enough for aid if she was a junior (but it doesn't count because she did that as a freshman). I think her grades are great (even if she doesn't or others say anything less than all A's is substandard). Like I said, she pretty much h...
by sd323232
Fri Sep 20, 2019 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Should I actually finance this car?
Replies: 28
Views: 1986

Re: Should I actually finance this car?

I dont understand why you need to borrow money to buy car with your income. Not good move to go into debt.
by sd323232
Fri Sep 20, 2019 10:47 am
Forum: Personal Finance (Not Investing)
Topic: Tracking progress to $1M portfolio and no mortgage by 40
Replies: 102
Views: 29165

Re: Tracking progress to $1M portfolio and no mortgage by 40

Just_For_Jenna wrote:
Fri Sep 20, 2019 5:08 am
Congrats!! You did it cusetownusa!!

————

Quick update on me:

Portfolio $885k
Mortgage 75% paid off

It’s been a great year professionally.

I should hit $1M / no mortgage before 12/31/2020

I’ll be 37. Of course a lot can change.
Congrats, so inspirational when people achieve their goals!
by sd323232
Thu Sep 19, 2019 6:20 am
Forum: Investing - Theory, News & General
Topic: Market/Limit Orders
Replies: 39
Views: 2343

Re: Market/Limit Orders

Hsa account doesnt have margin, so if your trade exceeds your funds, order will not execute. Only brokerage accounts have margins.
by sd323232
Mon Sep 16, 2019 3:44 pm
Forum: Personal Consumer Issues
Topic: Anyonw driving Uber for fun and pocket money in retirement?
Replies: 111
Views: 11516

Re: Anyonw driving Uber for fun and pocket money in retirement?

I'm surprised noone said that this is super dangerous gig, driving uber. You picking up strangers, who knows what they can do to you especially if they see an older person. You can get attacked, you can get sued. Def buy camera and record everything so that you have evidence in case something happen...
by sd323232
Mon Sep 16, 2019 10:38 am
Forum: Personal Consumer Issues
Topic: Having to consider replacing my car
Replies: 40
Views: 2324

Re: Having to consider replacing my car

Hi everybody! So my current car (2008 Honda Accord EX-L, approaching 100k) was purchased at 30k miles some 7 or 8 or so years ago with liberal use of an employee discount. Prior to that I had some hand-me-downs that I used for a few years each. As things have started needing replacement (perhaps ev...
by sd323232
Mon Sep 16, 2019 5:46 am
Forum: Personal Investments
Topic: Now what?
Replies: 15
Views: 1579

Re: Now what?

Hello I recently recently sold my business and, with the profits from the sale, and continued royalty, plus prior invesmtents -- I'm essentially retired. I own investment properties, and plan on possibly trying to flip some properties and rent them out in the future, but nothing crazy or too perman...