Search found 2442 matches

by texasdiver
Sun Jun 17, 2018 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: Can we afford to drop our 401k contributions to pay for college?
Replies: 17
Views: 1926

Re: Can we afford to drop our 401k contributions to pay for college?

OP. I am a bit confused by your post. You are 54 years old. In 10 years when your kid goes to college, you will be 64 years old. So, you could withdraw IRA/401K penalty-free at that time. Am I wrong in thinking this way? The problem with dropping 401K contribution is you will be paying a lot more t...
by texasdiver
Sun Jun 17, 2018 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Can we afford to drop our 401k contributions to pay for college?
Replies: 17
Views: 1926

Re: Can we afford to drop our 401k contributions to pay for college?

You may not have mentioned it for a reason, but, for what it's worth you may also have the benefit of social security to assist your retirement portfolio. Yes we are counting on social security in some form. My wife is 7 years younger but will have more work history so the larger social security if...
by texasdiver
Sun Jun 17, 2018 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Can we afford to drop our 401k contributions to pay for college?
Replies: 17
Views: 1926

Re: Can we afford to drop our 401k contributions to pay for college?

Just wondering why you are leaving your teaching position? I am also wondering whether you are teaching at a college as some colleges have some sort of tuition waivers. It seems risky to leave it to do some side gigs. Not college, high school. It wasn't voluntary. My contract wasn't renewed. My dis...
by texasdiver
Sun Jun 17, 2018 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Can we afford to drop our 401k contributions to pay for college?
Replies: 17
Views: 1926

Re: Can we afford to drop our 401k contributions to pay for college?

Looks to me like perhaps discrimination. What does your union think? That said I think you are good to go, as long as wife keeps her current job. Even without your and wife's voluntary contribution I suspect you retirement is solid. Don't give your kids more you can afford. You'll be fine Decided n...
by texasdiver
Sun Jun 17, 2018 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Can we afford to drop our 401k contributions to pay for college?
Replies: 17
Views: 1926

Re: Can we afford to drop our 401k contributions to pay for college?

Just wondering why you are leaving your teaching position? I am also wondering whether you are teaching at a college as some colleges have some sort of tuition waivers. It seems risky to leave it to do some side gigs. Not college, high school. It wasn't voluntary. My contract wasn't renewed. My dis...
by texasdiver
Sat Jun 16, 2018 12:30 pm
Forum: Investing - Help with Personal Investments
Topic: Can we afford to drop our 401k contributions to pay for college?
Replies: 17
Views: 1926

Re: Can we afford to drop our 401k contributions to pay for college?

It isn’t clear where the rest of the money for college is coming from, assuming that your net from your salary was more than the $18,500 that your wife won’t be contributing to retirement anymore. Didn't want to get deep into the weeds about budgeting but mostly just belt tightening. We recently mo...
by texasdiver
Sat Jun 16, 2018 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Can we afford to drop our 401k contributions to pay for college?
Replies: 17
Views: 1926

Can we afford to drop our 401k contributions to pay for college?

Pretty simple question here. I'm leaving my teaching job while my wife is continuing to work full time as a physician. That means somewhat reduced income going forward with one child in college and two more to come. I'm 54 and my wife is 47. We hope to have enough saved for retirement so that we can...
by texasdiver
Fri Jun 15, 2018 5:31 pm
Forum: Personal Consumer Issues
Topic: Light Camping Trailer
Replies: 42
Views: 3339

Re: Light Camping Trailer

With a small child I would at least recommend a porta-potty if you forgo the built-in toilet. You can get little portable ones if the camper doesn't come with one. Some of the camp sites have long walks to the bathroom ... I camped for many years with 3 young children. The potty is a must. Especial...
by texasdiver
Fri Jun 15, 2018 2:09 pm
Forum: Personal Consumer Issues
Topic: Light Camping Trailer
Replies: 42
Views: 3339

Re: Light Camping Trailer

Cody wrote:
Thu Jun 14, 2018 6:43 pm
Most vehicles can pull a camper but the real question is "can your vehicle stop it". That is what we have been told by countless camper people.
Cody
Need a camper with trailer brakes and a 7-pin wiring harness and brake controller in the car. That can all be retrofitted.
by texasdiver
Thu Jun 14, 2018 6:34 pm
Forum: Personal Consumer Issues
Topic: Light Camping Trailer
Replies: 42
Views: 3339

Re: Light Camping Trailer

You could also pull an A-fame camper which are basically pop-up campers with hard folding sides rather than tent sides. They are common and popular here in the Northwest. I have an aunt and uncle who own one and like it. They use it a lot. http://chaletinc.com/a-frame/ With a small child I would at ...
by texasdiver
Tue Jun 12, 2018 1:16 pm
Forum: Personal Consumer Issues
Topic: Light Camping Trailer
Replies: 42
Views: 3339

Re: Light Camping Trailer

Pop-up trailers will give you the most space for the weight. We had a large pop-up that had a full stove, oven, and 1/2 size fridge. Sold it and plan to eventually replace it with a small fiberglass trailer like a Casita or Escape because pop-ups are a giant pain here in the wet Pacific Northwest wh...
by texasdiver
Sun Jun 10, 2018 12:59 am
Forum: Personal Finance (Not Investing)
Topic: Moved Family Across Country for New Job and Job is now gone
Replies: 27
Views: 6423

Re: Moved Family Across Country for New Job and Job is now gone

Any reason you can't look for work in both locations simultaneously? It should not be that dificult to apply for jobs in your old location from a distance, especially in IT and especially because your references and work experience will be local. Fly out and interview for any good prospects. Do skyp...
by texasdiver
Sun Jun 10, 2018 12:35 am
Forum: Personal Consumer Issues
Topic: What commuter car provides the best long term financial value?
Replies: 84
Views: 6500

Re: What commuter car provides the best long term financial value?

My commute is 23 miles each way of which 2/3 is reverse commute freeway driving (75 mph) and 1/3 is country road driving. Takes 29-30 minutes each way. I bought a 2016 Prius 4 Touring 2 years ago (current body style) and it has turned out to be an absolutely fabulous commuter car. I drive reasonably...
by texasdiver
Tue Jun 05, 2018 9:40 pm
Forum: Personal Consumer Issues
Topic: Backpacking in Guatemala and El Salvador?
Replies: 31
Views: 2914

Re: Backpacking in Guatemala and El Salvador?

And Guatemala is in the midst of a major eruption of Mt Fuego that is next to Antigua and spewing ash everywhere. The airport is closed and no end is in sight. Apparently over 100 have been killed so far due to pyroclastic flows. https://www.theguardian.com/world/2018/jun/05/guatemala-fuego-volcano-...
by texasdiver
Sat Jun 02, 2018 11:39 am
Forum: Investing - Help with Personal Investments
Topic: Best use for a $2k raise for a middle-income teacher
Replies: 35
Views: 3670

Re: Best use for a $2k raise for a middle-income teacher

I'm leaving KY in a few days precisely over pension plan issues. Got to hope there will be one in the future no doubt! Sadly for KY, that is indeed often the outcome of uncertainty around retirement benefits. A lot of smart public servants decide to go help the public in other states. Good luck to ...
by texasdiver
Sat Jun 02, 2018 11:00 am
Forum: Investing - Help with Personal Investments
Topic: HSA as retirement vehicle
Replies: 33
Views: 3057

Re: HSA as retirement vehicle

The paperwork is a pain, sometimes I yearn for the HMO plan at work because there is no paperwork (Kaiser California is a book-keeping dream). What I do is I scan in all my paperwork and just save everything digitally. I figure with everything going paperless anyway, digital copies have to be accep...
by texasdiver
Sat Jun 02, 2018 1:03 am
Forum: Personal Finance (Not Investing)
Topic: Milestones on the way to FI [Financial Independence]
Replies: 28
Views: 3062

Re: Milestones on the way to FI

This year for the first time our portfolio grew more than our total income. In other words, the increase in our net worth this past year is about 20% more than we made over the same period. About 1/3 of that was contributions and employer matches. The other 2/3 was market gains. That seems like some...
by texasdiver
Mon May 28, 2018 11:44 am
Forum: Investing - Theory, News & General
Topic: "The Seven Types of Investors Who Beat The Market (And Why You Aren’t One Of Them)"
Replies: 14
Views: 3332

Re: "The Seven Types of Investors Who Beat The Market (And Why You Aren’t One Of Them)"

Seems like there is an 8th type of investor not mentioned in the article, the Warren Buffet type (or maybe he is just one of a kind) who has enough resources to buy up whole companies and turn them around with new management. Something an ordinary investor has no chance of ever doing.
by texasdiver
Fri May 25, 2018 10:12 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest $1.4 million inheritance?
Replies: 32
Views: 4363

Re: How to invest $1.4 million inheritance?

Some questions: 1. If you inherited $1.4 million that was already properly invested according to your prefered AA (Vanguard Life Strategy Fund or Wellington or some such) would you liquidate it all to cash and then dollar cost average it back into the same fund over the next 12 months? (assuming the...
by texasdiver
Fri May 25, 2018 11:52 am
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 99
Views: 14084

Re: The Millionaire Next Door and civil servants

I believe that White Coat Investor says that around 20% of M.D.s at age 60 have a net worth under $300k, barely more than the median household net worth for 65-69 year olds in the U.S. Last survey I looked at showed 24% of physicians over 65 have a net worth under $1M. There was one two years ago t...
by texasdiver
Thu May 24, 2018 11:18 pm
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 76
Views: 12253

Re: Why Edward Jones?

Sometimes I don’t sell. If I give a second opinion and I think they look good, I’m not going to lie. Of course, with my ethics I my not make it 😂😂... but at least I’ll keep my medical license to fall back on I suppose. Perhaps I’m a bit naive to think there are some good financial planners in the w...
by texasdiver
Thu May 24, 2018 8:50 pm
Forum: Investing - Theory, News & General
Topic: Why Edward Jones?
Replies: 76
Views: 12253

Re: Why Edward Jones?

EJ advisors can’t be generalized just like other firms. Each advisor is their own person. I don’t fit into any category mentioned above - and I don’t have sales as a background. I left one career for another and just came here to read about the DIY to see if they were anything like me before I deci...
by texasdiver
Wed May 23, 2018 11:56 pm
Forum: Investing - Theory, News & General
Topic: The Millionaire Next Door and civil servants
Replies: 99
Views: 14084

Re: The Millionaire Next Door and civil servants

Former Fed here. I worked for the Federal Government for 10 years between 1994 and 2003 and maxed out my TSP during that time. After that I spent some time doing private consulting and then went into teaching. I'm still 10 years from retirement but I already know the following: 1. My TSP balance fro...
by texasdiver
Wed May 23, 2018 11:38 pm
Forum: Personal Consumer Issues
Topic: Florida Living
Replies: 49
Views: 5683

Re: Florida Living

The Tampa Bay area is ranked as the #1 most susceptible city to hurricane damage in the entire US. Ahead of New Orleans even: https://www.washingtonpost.com/graphics/2017/health/environment/tampa-bay-climate-change/ I've lived through hurricanes in TX. They are serious business. I would not invest a...
by texasdiver
Wed May 23, 2018 11:29 pm
Forum: Personal Consumer Issues
Topic: Bird Nest in bathroom exhaust fan vent
Replies: 10
Views: 1038

Re: Bird Nest in bathroom exhaust fan vent

Family on my daughter's soccer team was homeless last year after their house burned down. Turns out that the bathroom vent fan caught fire when it was left on and the electrical circuit short-circuited and ignited some kind of debris from an animal nest that was in the vent pipe. So yes, deal with i...
by texasdiver
Fri May 18, 2018 3:45 pm
Forum: Personal Consumer Issues
Topic: Moving to Texas - [Request for clothes, car window tint] recommendations
Replies: 42
Views: 3133

Re: Moving to Texas - [Request for clothes, car window tint] recommendations

Outside of west-Texas rodeo towns, no one wears boots or cowboy hats, especially in the DFW metroplex. More people wear that kind of thing out here in Oregon and Washington than in TX frankly. Unless you are in a really tightly-wound office you can probably get all your casual work clothes at Costco...
by texasdiver
Wed May 09, 2018 10:09 pm
Forum: Personal Consumer Issues
Topic: Lifting Heavy Objects onto a Vehicle Cargo Tray; Need Ideas!
Replies: 30
Views: 2369

Re: Lifting Heavy Objects onto a Vehicle Cargo Tray; Need Ideas!

I think your best solution might be to find a cargo tray that can be raised and lowered. They make electric ones for those heavy powered wheelchairs. I have also seen them with a hand jack. So you just lower the cargo tray down to the ground, roll the barrels on, then raise it up to its travel heigh...
by texasdiver
Sat May 05, 2018 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Jonathan Clements "Where Money Grows Up"
Replies: 9
Views: 2050

Re: Jonathan Clements "Where Money Grows Up"

You cringe when your cousin brags about her great time share in Gatlinburg TN (true story)

And when your co-worker shows you phone pics of his shiny brand new salmon fishing boat which finally provides the excuse for owning the diesel F250 that he uses to commute to work with (another true story).
by texasdiver
Sat May 05, 2018 1:41 pm
Forum: Personal Finance (Not Investing)
Topic: [Denmark] Early inheritance of vacation home
Replies: 6
Views: 522

Re: [Denmark] Early inheritance of vacation home

I know nothing of what the market it like in Denmark, but any chance you can recoup some or all the costs by renting it out occasionally as an AirBnB? Is it in any area where you can find a local management company to help with maintenance and upkeep while renting it out short term so you don't have...
by texasdiver
Sat May 05, 2018 1:00 pm
Forum: Investing - Theory, News & General
Topic: Portfolio peepers: what do you do?
Replies: 48
Views: 3996

Re: Portfolio peepers: what do you do?

Everything in my portfolio is on autopilot so it doesn't make any difference. But I do keep track in Quicken and peek on a near daily basis. Since we are still in the buying stage for at least 10-15 more years, market drops just reduce the price for all the shares we are buying monthly in our 401k a...
by texasdiver
Sat May 05, 2018 12:34 pm
Forum: Personal Consumer Issues
Topic: What do you pay baby sitters?
Replies: 53
Views: 5170

Re: What do you pay baby sitters?

Thanks guys. I guess we are in a MCOL area (suburbs outside Portland). I was going to suggest she charge a base rate of $10 for the first kid if it is an easy situation and then $5 for each additional kid or for more difficult situations such as infants/toddlers/special needs that require more inten...
by texasdiver
Fri May 04, 2018 9:43 pm
Forum: Personal Consumer Issues
Topic: What do you pay baby sitters?
Replies: 53
Views: 5170

What do you pay baby sitters?

My 9th grade middle daughter is interested in earning some cash by baby sitting this summer. We live in a fairly upscale area with lots of kids so should be easy to find clients. It's been a long time since we paid for baby sitting ourselves so I'm just curious what the going rate is these days so I...
by texasdiver
Fri May 04, 2018 9:30 pm
Forum: Personal Consumer Issues
Topic: Buying a Boat
Replies: 47
Views: 4871

Re: Buying a Boat

Spend some time on the Hull Truth web site. Basically the bogleheads site for boats. Lots of serious expertise and advice there and a good classified section of boats for sale where you can find some good deals

https://www.thehulltruth.com/
by texasdiver
Mon Apr 30, 2018 12:33 pm
Forum: Personal Consumer Issues
Topic: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?
Replies: 187
Views: 8906

Re: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?

Buy them one of those AAA or Rand McNally road atlases that show the interstate system for the entire country and then invividual pages for each state. They can mark out their route with highlighter on the country map. Map reading is actually nearly a lost skill among the young. https://www.amazon.c...
by texasdiver
Sat Apr 28, 2018 2:07 pm
Forum: Personal Consumer Issues
Topic: Cheapest way to subscribe to the NY Times
Replies: 9
Views: 1087

Re: Cheapest way to subscribe to the NY Times

As a teacher I get a very reduced rate. I had to subscribe using my school email address. But that's for the digital only. I would not want that much volume of paper flowing into my house.
by texasdiver
Sun Apr 22, 2018 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: How long have you been unemployed?
Replies: 60
Views: 5656

Re: How long have you been unemployed?

Age 54. I've held 5 different professional positions and perhaps a dozen different non-professional labor type jobs (construction, truck driving, food service etc) in my life. In my entire life I've been involuntarily unemployed for a total of 1 day. That happened when I was graduated from college a...
by texasdiver
Tue Apr 17, 2018 12:48 am
Forum: Personal Consumer Issues
Topic: Recommend airline luggage fitting in overhead bin?
Replies: 23
Views: 2050

Re: Recommend airline luggage fitting in overhead bin?

What a great thread! It is pretty much like all the threads on luggage and there are quite a few. OK, if the OP wants a 4-wheel spinner, I can say I bought one and used it, then gave it to my spouse. I got a cheap TravelPro at TuesdayMorning. It is unremarkable, fits in overhead bins of planes bigg...
by texasdiver
Mon Apr 16, 2018 12:13 am
Forum: Personal Consumer Issues
Topic: Where to put TV in living room?
Replies: 12
Views: 1065

Re: Where to put TV in living room?

Ours is above the fireplace because there was simply no other logical place to put it and that was the only place to put it where it could be viewed from the adjacent kitchen and dining area where I spend most of my time. I could have put it in the corner beside the fireplace but that would have loo...
by texasdiver
Sun Apr 15, 2018 10:45 pm
Forum: Personal Consumer Issues
Topic: Advice for daughter entering into college shared rental situation?
Replies: 17
Views: 1438

Re: Advice for daughter entering into college shared rental situation?

Thanks for all the advice everyone. Lots to think about here. A couple of more details. 1. These are the same girls she is currently living with minus one. I've met them and their parents. All super responsible. Parents are all upper middle class like us and footing the bill so I see no issues with ...
by texasdiver
Sun Apr 15, 2018 12:55 pm
Forum: Personal Consumer Issues
Topic: Advice for daughter entering into college shared rental situation?
Replies: 17
Views: 1438

Advice for daughter entering into college shared rental situation?

Oldest daughter will be starting her Jr. year of college next year. First year she lived on campus in the dorms. This year she has been living in a 4-bedroom private dorm apartment with friends. One of those new type operations common around universities where each roommate enters into an individual...
by texasdiver
Fri Apr 13, 2018 11:26 pm
Forum: Personal Consumer Issues
Topic: Alaska - 8 nights in May
Replies: 10
Views: 991

Re: Alaska - 8 nights in May

In May you can still get have a lot of snow on the ground which means that roadside pullouts, parks and such on the Glenn Highway or Parks Highway may still be closed. In other words, they keep the main highways plowed all winter long but not necessarily all the tourist turnouts and parks and such....
by texasdiver
Fri Apr 13, 2018 10:42 pm
Forum: Personal Consumer Issues
Topic: Alaska - 8 nights in May
Replies: 10
Views: 991

Re: Alaska - 8 nights in May

In May you can still get have a lot of snow on the ground which means that roadside pullouts, parks and such on the Glenn Highway or Parks Highway may still be closed. In other words, they keep the main highways plowed all winter long but not necessarily all the tourist turnouts and parks and such. ...
by texasdiver
Thu Apr 12, 2018 11:19 pm
Forum: Personal Consumer Issues
Topic: Child expenses - what to expect as your kids go from daycare to school
Replies: 20
Views: 3029

Re: Child expenses - what to expect as your kids go from daycare to school

Parent of 3 girls ages 11, 14, and 19 Private daycare is a huge burden. For us it probably didn't get up to that level again until college but there are still endless costs that slowly increase from K up to 12. Just of the top of my head: Private music lessions: (piano, violin, sax) about $100-200 p...
by texasdiver
Thu Apr 12, 2018 7:37 pm
Forum: Personal Consumer Issues
Topic: Travel to Costa Rica
Replies: 19
Views: 1909

Re: Travel to Costa Rica

I've traveled their four times. First two times were decades ago when I was young and single. Flew into San Jose, rented a motorcycle, and toured the country by backpack and motorcycle. Last two times were more recently with family. Flew direct into Liberia Rented small 4x4 SUVs in Liberia for the d...
by texasdiver
Sun Apr 01, 2018 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: What age is the best to give a child control of an inheritance?
Replies: 192
Views: 11636

Re: What age is the best to give a child control of an inheritance?

A lot of this also has to do with the absolute amount of money that is at stake. If the inheritance is large and the child is young, you may want to start off with a life-long trust in your will. If you live long enough to see how they turn out you could then use a shorter control age to save admin...
by texasdiver
Sun Apr 01, 2018 2:58 pm
Forum: Investing - Theory, News & General
Topic: Why does it seem there are so many bad/poor 401K plans?
Replies: 36
Views: 3796

Re: Why does it seem there are so many bad/poor 401K plans?

I watched this happen with my wife's employer which at the time was a small public health clinic. In her case it was a 403(b) plan but same difference. The CFO of the organization who was in charge of chosing plans was something of a control freak and the only MBA in the organization. All the other ...
by texasdiver
Thu Mar 29, 2018 9:25 am
Forum: Personal Consumer Issues
Topic: Drip irrigation or pop-up sprayers for garden?
Replies: 19
Views: 1805

Re: Drip irrigation or pop-up sprayers for garden?

I would favor pop up sprayers...I'm in NC and get very aggravated with our drip and the squirrels who are forever chewing on the lines. We back up to a greenbelt with a bazillion squirrels and rabbits so that might be something to bear in mind if they are chewing on the lines to get at water. I'm l...
by texasdiver
Wed Mar 28, 2018 11:16 pm
Forum: Personal Consumer Issues
Topic: Drip irrigation or pop-up sprayers for garden?
Replies: 19
Views: 1805

Re: Drip irrigation or pop-up sprayers for garden?

OP.......just out of curiosity, what factors were involved in choosing drought tolerant plants for a very rainy climate? Vancouver WA has a wet season in the winter and a dry season in the summer. We can easily go all summer with little or no rainfall. And during a La Nina year we can have severe d...
by texasdiver
Wed Mar 28, 2018 9:03 pm
Forum: Investing - Help with Personal Investments
Topic: Lowest fees for 403(b) for Texas Teacher
Replies: 19
Views: 1242

Re: Lowest fees for 403(b) for Texas Teacher

Yes that is exactly like my wife's except that under her employer Vanguard nor Fidelity are part of the vendors. The ones I listed are the only ones that are approved for her to start a 403(b) so I don't have the option to use Vanguard. I did check out VALIC but for some reason for my wife's employ...
by texasdiver
Wed Mar 28, 2018 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: Lowest fees for 403(b) for Texas Teacher
Replies: 19
Views: 1242

Re: Lowest fees for 403(b) for Texas Teacher

Yes that is exactly like my wife's except that under her employer Vanguard nor Fidelity are part of the vendors. The ones I listed are the only ones that are approved for her to start a 403(b) so I don't have the option to use Vanguard. I did check out VALIC but for some reason for my wife's employ...