Search found 243 matches

by SoAnyway
Tue Dec 18, 2018 1:28 am
Forum: Personal Consumer Issues
Topic: Gift Ideas for wife
Replies: 50
Views: 2872

Re: Gift Ideas for wife

My wife has everything she needs, so I’m having a hard time deciding what to get her. She likes to cook, run/lift, and reading. Does anyone have any really useful, neat items to buy that would make her life easier doing any of the above activities? Thanks! You're a good spouse, OP. Apologies for no...
by SoAnyway
Mon Dec 17, 2018 9:10 pm
Forum: Personal Consumer Issues
Topic: When has being frugal or cheaping out bit you in the rear?
Replies: 107
Views: 7213

Re: When has being frugal or cheating out bit you in the rear?

Let's see. Years ago I was searching out international flights, and found one that left from an airport a 3-4 hour drive away that was cheaper than the one from the airport 20 mins away. It was approximately $100 cheaper after gas+ticket+parking was all added up. Patting myself on the back, I purch...
by SoAnyway
Mon Dec 17, 2018 8:52 pm
Forum: Personal Consumer Issues
Topic: When has being frugal or cheaping out bit you in the rear?
Replies: 107
Views: 7213

Re: When has being frugal or cheating out bit you in the rear?

thank you for this great thread! i love it when we can be open and laugh about our own mistakes. i have done plenty of "penny wise pound foolish" things. i am glad i am not alone. So where's your shared story, blackwhisker?? :confused Or do you just love it when OTHERS can be open so you can laugh ...
by SoAnyway
Sun Dec 16, 2018 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 185
Views: 13112

Re: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court

Doesn't NY also prohibit health insurance rating based on age (i.e. everyone pays the same health insurance rate regardless of their age)? Sounds crazy but I think I read that somewhere. That's my understanding as well. Can't vouch for this source , but I'm sure others will correct if it's inaccura...
by SoAnyway
Sun Dec 16, 2018 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 185
Views: 13112

Re: ACA Struck down...yikes [by federal judge in Texas]

You would probably get more responses to your ad if you included your sex and the sex of the person you're seeking. Why limit the potential number of takers? Admittedly, I'm a newbie to researching the matter , but my understanding of US v. Windsor and Obergefell v. Hodges thus far is that states a...
by SoAnyway
Sun Dec 16, 2018 2:51 am
Forum: Personal Finance (Not Investing)
Topic: Empty nester downsizing - any advice?
Replies: 64
Views: 8223

Re: Empty nester downsizing - any advice?

The biggest obstacle to downsizing is the clutter you have accumulated. You should immediately attack and eliminate the clutter so that you can take advantage of a good downsizing opportunity that comes along. Putting things in storage is not a reasonable solution. +1. OP, how much clutter do you h...
by SoAnyway
Sun Dec 16, 2018 12:28 am
Forum: Personal Finance (Not Investing)
Topic: Obamacare (ACA) Ruled Unconstitutional by Texas Federal Court
Replies: 185
Views: 13112

Re: ACA Struck down...yikes [by federal judge in Texas]

I think this is pretty clearly a "nobody knows yet, we have to wait and see" situation. Press reports suggest that the court ruling is controversial and not at all a slam dunk. This isn't a case where the law is obvious and just hadn't been tested. Life is full speed bumps. When they occur —-accept...
by SoAnyway
Thu Dec 13, 2018 2:27 am
Forum: Personal Finance (Not Investing)
Topic: Stock acquired - How much tax will I owe?
Replies: 9
Views: 1166

Re: Stock acquired - How much tax will I owe?

It looks like the question is discussed at page 195 of the merger proxy document . Possibly the resulting company will issue a more definitive statement after the merger is complete. +1. OP, relax. You will get plenty more info in the mail. To increment's point, the merger proxy (that increment kin...
by SoAnyway
Tue Dec 11, 2018 4:05 am
Forum: Personal Finance (Not Investing)
Topic: Stock acquired - How much tax will I owe?
Replies: 9
Views: 1166

Re: Stock acquired - How much tax will I owe?

It looks like the question is discussed at page 195 of the merger proxy document . Possibly the resulting company will issue a more definitive statement after the merger is complete. +1. OP, relax. You will get plenty more info in the mail. To increment's point, the merger proxy (that increment kin...
by SoAnyway
Tue Dec 11, 2018 1:31 am
Forum: Investing - Help with Personal Investments
Topic: Tax efficiency and Vanguard target retirement funds
Replies: 7
Views: 993

Re: Tax efficiency and Vanguard target retirement funds

Welcome to the forum, OP. :happy I have a question about Vanguard Target Retirement Funds (and comparable products from other firms) and tax efficiency. You've studied well. Your thinking is on track re. the tax efficiency tradeoffs of target-date retirement funds, and it's precisely why I generally...
by SoAnyway
Tue Dec 11, 2018 12:34 am
Forum: Personal Finance (Not Investing)
Topic: Stock acquired - How much tax will I owe?
Replies: 9
Views: 1166

Re: Stock acquired - How much tax will I owe?

I own a stock that is being acquired for cash and stock in another company. Ive held this stock for years. Let's say my original cost basis in the stock is 25K. Say I would be receiving from the acquiring company 35K in cash + some shares in the new company. My question is how is the 35K handled fo...
by SoAnyway
Sun Dec 09, 2018 11:41 pm
Forum: Investing - Theory, News & General
Topic: Low need to take risk - decrease allocation to stocks?
Replies: 42
Views: 3120

Re: Stock and Bond Allocation

ge1: I have a similar plan to TomatoTomahto. Money that I cannot afford to lose is in safe fixed-income. The rest is in stocks. Best wishes. Taylor OP, there is definitely a point at which, if one has been fortunate and stayed the course (Thank you, Jack!), one reaches the point where one realizes ...
by SoAnyway
Sun Dec 09, 2018 10:26 pm
Forum: Investing - Theory, News & General
Topic: does the 4% withdrawal guideline include dividends?
Replies: 43
Views: 2999

Re: does the 4% withdrawal guideline include dividends?

Thank you for using the word guideline rather than rule. Really it's only a rough approximation to help figure out, more or less, how big your nest egg needs to be to support your aspirational spending. Amen. Much as we can wish otherwise, there are no "RULES" that will guarantee success in investi...
by SoAnyway
Sun Dec 09, 2018 10:03 pm
Forum: Investing - Theory, News & General
Topic: does the 4% withdrawal guideline include dividends?
Replies: 43
Views: 2999

Re: does the 4% withdrawal guideline include dividends?

Thank you for using the word guideline rather than rule. Really it's only a rough approximation to help figure out, more or less, how big your nest egg needs to be to support your aspirational spending. Amen. Much as we can wish otherwise, there are no "RULES" that will guarantee success in investi...
by SoAnyway
Thu Dec 06, 2018 5:04 am
Forum: Personal Finance (Not Investing)
Topic: Health insurance for FIRE [Financial Independence Retire Early]
Replies: 83
Views: 6367

Re: Health insurance for FIRE

Background: If health insurance costs were known we would have enough to FIRE now. Our current situation in FIRECALC suggests 100% chance of success. Subsidy highly unlikely We have been searching online for quotes on plans. BC/BS has 3 plans for us, each is almost $2,000 a month but seems to cover...
by SoAnyway
Wed Dec 05, 2018 1:15 am
Forum: Personal Consumer Issues
Topic: Is this normal for an HOA?
Replies: 95
Views: 8656

Re: Is this normal for an HOA?

As will satisfy most bureaucrats, I filled out entire form neatly and completely. But only the relevant, needed info was accurate.....Even though we're a small association (79 units), nobody questioned my Lambo or my wife's DeLorean . Priceless, DetroitRick! (and thanks for the belly laugh you just...
by SoAnyway
Wed Dec 05, 2018 12:44 am
Forum: Personal Consumer Issues
Topic: Is this normal for an HOA?
Replies: 95
Views: 8656

Re: Is this normal for an HOA?

As will satisfy most bureaucrats, I filled out entire form neatly and completely. But only the relevant, needed info was accurate.....Even though we're a small association (79 units), nobody questioned my Lambo or my wife's DeLorean . Priceless, DetroitRick! (and thanks for the belly laugh you just...
by SoAnyway
Sat Dec 01, 2018 1:27 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3899
Views: 1090089

Re: What Movie Have You Recently Watched?

'Bohemian Rhapsody'. DW and I both loved it. DW said the critics didn't like it and indeed Rotten Tomatoes Critics is 59% and 49 on Metacritic but Audience is 93% and 85 respectively. I don't know if the critics missed the 70s and 80s and the HIV epidemic but it was a powerful depiction of the tria...
by SoAnyway
Fri Nov 30, 2018 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 149
Views: 8731

Re: How did YOU choose your career?

OP, you're a great Dad. :sharebeer That said, I'm not sure you're asking the right question. Everyone is unique - and that includes you and your daughter. How I chose might not have any relevance to your daughter's situation. You know her best, and you also know best how she differs from you, from o...
by SoAnyway
Fri Nov 30, 2018 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: My 401k isn't making any money
Replies: 35
Views: 4280

Re: My 401k isn't making any money

Time to buy more. Do Not Sell. I was just getting started in my career in 2008, and I sorely wish I had enough money to max out my 401k from 2008-2011, as I would be at least $200k richer right now, had I done that. Ditto. OP, relax. And stop looking at your 401k balances. Check once or twice a yea...
by SoAnyway
Fri Nov 30, 2018 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Roth backdoor
Replies: 7
Views: 694

Re: Roth backdoor

I have a question on the backdoor Roth. I've read quite a few posts here saying it's much easier to contribute and backdoor do the Roth conversion in the same year for tax filing compared to backdoor do the Roth conversion in the following year. I could not figure out why. Say if I contribute $5,50...
by SoAnyway
Thu Nov 29, 2018 11:29 pm
Forum: Personal Finance (Not Investing)
Topic: Buying with no interest
Replies: 22
Views: 2023

Re: Buying with no interest

I would not incur debt for household purchases like carpet, mattresses, or televisions. Save the money first. Pay for these household items with a 2% cash back credit card, and pay the credit card off as soon as the statement cuts. +1. The only items for which I would incur debt are houses or autom...
by SoAnyway
Thu Nov 29, 2018 11:05 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card question
Replies: 12
Views: 1165

Re: Credit card question

Thx dm200, I know I can get an entry level - credit builder type card. I am hoping to find a financial institution that will look at my financial situation as opposed to credit score and get a better card - no fee cash back type card. Baby steps, OP. You need to walk before you run, you need to cra...
by SoAnyway
Thu Nov 29, 2018 9:57 pm
Forum: Personal Consumer Issues
Topic: Guy's Western US Ski Trip - suggestions?
Replies: 44
Views: 2399

Re: Guy's Western US Ski Trip - suggestions?

Another vote for Park City if you can get over the Utah issue. (Attended lots of industry conferences there; as WCI mentioned, there's a reason they're held there.) If Utah is absolutely a no-go, vail or breck.
by SoAnyway
Thu Nov 29, 2018 9:34 pm
Forum: Personal Consumer Issues
Topic: Winter boot recommendation
Replies: 26
Views: 2352

Re: Winter boot recommendation

Male, casual office, looking for something comfortable enough to wear all day. " ...looking for something comfortable enough to wear all day "? While also weathering the Chicago winter conditions, i.e. traction to keep you from falling on ice and breaking bones, waterproof for when things turn slus...
by SoAnyway
Thu Nov 29, 2018 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: Moving to new stage of investing
Replies: 3
Views: 949

Re: Moving to new stage of investing

I think the best way to approach rental properties is to view them as a part time job, not as a passive investment. +1. OP, do you need or want a part-time job? If so, compare being a landlord (or "flipper") to other PT opportunities available to you and evaluate each in terms of your own talents, ...
by SoAnyway
Thu Nov 29, 2018 8:13 pm
Forum: Investing - Help with Personal Investments
Topic: Explain to me what bonds are.
Replies: 15
Views: 1339

Re: Explain to me what bonds are.

covalent or ionic? ROFLMAO.... :sharebeer Sorry, OP - I couldn't resist. (Hilarious, Keepcalm!!) SoAnyway, back to your question, OP: You've received great referrals to the wiki and great explanations, including a weigh-in from the esteemed Nisiprius who btw is closing in quickly on 37,000 posts! :...
by SoAnyway
Wed Nov 28, 2018 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Employeer taking vacation days on public holidays - is this legal or normal?
Replies: 99
Views: 7439

Re: Employeer taking vacation days on public holidays - is this legal or normal?

I get paid commission, but not as a doc. I know the difference between productivity pay and commission. The OP does not. At any rate, incentivizing your doc to put a little hustle under her bustle helps you get that appointment faster and not sit in the waiting room as long. That's not necessarily ...
by SoAnyway
Wed Nov 28, 2018 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: Roth contribution rendered ineligible by unexpected income - what next?
Replies: 8
Views: 856

Re: Roth contribution rendered ineligible by unexpected income - what next?

In January of 2018 I contributed the maximum allowable to my Roth IRA for the year ($5500). In November, the small company I work for was purchased, and as an equity holder, I received a one-time distribution that puts me above the AGI income limits for contributing to a Roth this year. I was not e...
by SoAnyway
Wed Nov 28, 2018 12:37 am
Forum: Personal Finance (Not Investing)
Topic: Getting sued from an already settled car accident... 2 years later! Is this legal?
Replies: 44
Views: 7407

Re: Getting sued from an already settled car accident... 2 years later! Is this legal?

And don't forget, your 401k generally offers greater asset protection than IRAs in case of lawsuits. This is why I place as much of my retirement money in 401k as possible. About the only entities that can make any claim on a 401k are the IRS and a court making a domestic judgment (e.g. divorce, ch...
by SoAnyway
Tue Nov 27, 2018 11:37 pm
Forum: Investing - Help with Personal Investments
Topic: Sell Stock or Student Loans for Grad School?
Replies: 13
Views: 689

Re: Sell Stock or Student Loans for Grad School?

OP, I have several thoughts having read through this thread: 1. First, thank you for your professional commitment to the hospice/oncology space and helping patients and families facing those difficult decisions. I venture to believe that there isn't a single person reading this out there in the inte...
by SoAnyway
Tue Nov 27, 2018 10:05 pm
Forum: Investing - Help with Personal Investments
Topic: Program to Organize All Your Investing Accounts
Replies: 8
Views: 1040

Re: Program to Organize All Your Investing Accounts

Does anybody know of a good program or website that can help you organize your accounts so that you know what total percentage of stock and bonds you have? If you don't care that the free web tools/apps are likely collecting and tracking all your data and selling it to the highest bidder - you know...
by SoAnyway
Tue Nov 27, 2018 12:28 am
Forum: Personal Finance (Not Investing)
Topic: List of costs that go away/decrease and increase/appear in retirement
Replies: 69
Views: 5804

Re: List of costs that go away/decrease and increase/appear in retirement

I'm 15-20 years away from retirement. I spend a lot of time learning on BH and appreciate all the knowledge being shared. I'm curious about costs that go away/decrease in retirement and those that increase/appear in retirement. I realize that there are many variables (age, health, hobbies, personal...
by SoAnyway
Mon Nov 26, 2018 11:12 pm
Forum: Personal Finance (Not Investing)
Topic: 23 years old 40K saved. What would you do?
Replies: 39
Views: 3360

Re: 23 years old 40K saved. What would you do?

Knowing what you know now. If you were 23 years olds and managed to save around 40K, saved in a high yield savings account and already contributed the maximum amount to a Roth for this year,(from a summer job that provided "earned income" and do not expect to be able to contribute next year since I...
by SoAnyway
Mon Nov 26, 2018 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: Getting sued from an already settled car accident... 2 years later! Is this legal?
Replies: 44
Views: 7407

Re: Getting sued from an already settled car accident... 2 years later! Is this legal?

Contact your insurer and follow their directions. I wouldn't make any additional posts admitting fault or anything else about the case. This plus a 100. Make no reply whatsoever to these people fwd all correspondence to your insurance company until they instruct you otherwisd. Supplementing my earl...
by SoAnyway
Mon Nov 26, 2018 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: Getting sued from an already settled car accident... 2 years later! Is this legal?
Replies: 44
Views: 7407

Re: Getting sued from an already settled car accident... 2 years later! Is this legal?

Is this legal? As any lawyer will tell you (if they're honest and direct), OP, the answer to your above question is "This is America. Anyone can sue anyone for anything." Whether the other side can win or not, well.... As they'll also tell you, "It depends." Either way, the one getting sued has to ...
by SoAnyway
Mon Nov 26, 2018 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: $724k in debt and I want to buy a home.
Replies: 54
Views: 6489

Re: $724k in debt and I want to buy a home.

I’d pay more than you’d like — if necessary — to rent the kind of home that you want rather than take on more debt. Better an extra few hundred dollars a month in the short term than adding to your debt load, especially given that you expect to move. +1 As also mentioned above, just rent a house in...
by SoAnyway
Mon Nov 26, 2018 12:02 am
Forum: Personal Finance (Not Investing)
Topic: paying off all but 1 dollar of CC
Replies: 83
Views: 8208

Re: paying off all but 1 dollar of CC

Other than the interest I once paid on a mortgage and student loans - that I minimized by overloading pre-payments on principal - I have always viewed interest as something I EARN, not something I pay to others. 800+ credit score for decades. YMMV, OP.
by SoAnyway
Sun Nov 25, 2018 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: What's the 'safest' decision?
Replies: 17
Views: 2372

Re: What's the 'safest' decision?

OP, as the replies have indicated (including your own), it appears that (a) there's not enough info to determine YOUR priorities (the only ones that matter here), and (b) you might be overthinking. My suggestion: Please re-read your original post and update it (using the pencil tool in the upper rig...
by SoAnyway
Sun Nov 25, 2018 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: I'm so CHEAP! Don't think it is healthy.
Replies: 36
Views: 6850

Re: I'm so CHEAP! Don't think it is healthy.

No need to worry about being cheap at this stage of the game, OP. You and your wife are doing all the right things to secure your future - financially, emotionally and (best I can tell from what you've posted) physically. You're both 28; you've taken admirable steps toward your marketable degree; yo...
by SoAnyway
Sun Nov 25, 2018 2:11 pm
Forum: Personal Consumer Issues
Topic: Cheapest way to print large quantities
Replies: 4
Views: 405

Re: Cheapest way to print large quantities

If you can wait for the copies to be shipped to you and the content isn't sensitive, you might find better pricing at an online service like bestvaluecopy.com or docucopies.com.
by SoAnyway
Sun Nov 25, 2018 1:25 am
Forum: Investing - Theory, News & General
Topic: What is your allocation to U.S. and International?
Replies: 120
Views: 7275

Re: What is your allocation to U.S. and International?

In relation to the never ending debate of portfolio allocation, I am interested in thoughts on the allocation between U.S. and International stocks and bonds. OP, as you stated, the debate is never-ending. And to paraphrase Jack or Taylor or both, when the debate is never-ending, it's probably beca...
by SoAnyway
Sun Nov 25, 2018 12:57 am
Forum: Investing - Help with Personal Investments
Topic: Top ten recommended books on personal investing
Replies: 26
Views: 3010

Re: Top ten recommended books on personal investing

What %'s do you recommend for the three aforementioned funds? E.g. 60% US stock market fund, 30% bond fund, 10% international fund Thanks esmac: It is impossible for someone else to recommend your best asset-allocation. Only you know your goals, your time-frame, your risk-tolerance and your persona...
by SoAnyway
Sun Nov 25, 2018 12:30 am
Forum: Investing - Help with Personal Investments
Topic: Roth conversion in a low income year.
Replies: 11
Views: 1302

Re: Roth conversion in a low income year.

OP, as other replies indicate, we'd need more specifics re. your relative's situation to give good guidance, i.e. what all her AGI consists of and potentially available credits, in addition to other facts where her tax filing might be relevant e.g. ACA/Medicaid eligibility. As boB pointed out, you ...
by SoAnyway
Sat Nov 24, 2018 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: Roth conversion in a low income year.
Replies: 11
Views: 1302

Re: Roth conversion in a low income year.

OP, as other replies indicate, we'd need more specifics re. your relative's situation to give good guidance, i.e. what all her AGI consists of and potentially available credits, in addition to other facts where her tax filing might be relevant e.g. ACA/Medicaid eligibility. As boB pointed out, you s...
by SoAnyway
Fri Nov 23, 2018 7:31 pm
Forum: Personal Finance (Not Investing)
Topic: Should I sell my house?
Replies: 59
Views: 4785

Re: Should I sell my house?

It's not the question you asked, OP, but if I were moving from SF to Boston for a new job, there's no way I'd buy in Boston until after renting for a year and getting the "lay of the land", i.e. whether the job is likely to work out longer-term, what towns will best meet my family's needs (everythin...
by SoAnyway
Fri Nov 23, 2018 6:14 pm
Forum: Personal Consumer Issues
Topic: Where to get a WSJ print subscription
Replies: 4
Views: 860

Re: Where to get a WSJ print subscription

There was a thread on this recently: See here.
by SoAnyway
Mon Nov 12, 2018 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: [Financial] Habits of the Rich
Replies: 222
Views: 29304

Re: [Financial] Habits of the Rich

Many people on this forum are very successful financially. Many of you are probably very disciplined. What are your habits that elevate your success? Do you read, take classes, have a mentor? Do you have a daily routine or habit that sets you apart? I would love to hear what habits you use to devel...
by SoAnyway
Sat Nov 10, 2018 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Finances in NYC
Replies: 95
Views: 8222

Re: Finances in NYC

Good Morning Everyone, I'm facing a big decision; I received a job offer in Manhattan, NY and am trying to see the financial side of the issue and since I believe everyone here from past experience I am hoping for other opinions regarding life in general with the decision. So, anything you think I ...
by SoAnyway
Sat Nov 10, 2018 8:38 pm
Forum: Personal Finance (Not Investing)
Topic: buy a house or rent?
Replies: 5
Views: 800

Re: buy a house or rent?

I have been informed by my spouse that we are moving next year to be closer to the grandchildren. We are in our late 60s and early 70s. We are both retired and very well off. Net worth in the high seven figures. We are moving from a very high cost of living location to a medium cost of living locat...