Search found 42 matches

by flyingcows
Sat Jan 18, 2020 9:19 am
Forum: Personal Consumer Issues
Topic: Some possible luxury SUV choices to buy: Opinions?
Replies: 101
Views: 5762

Re: Some possible luxury SUV choices to buy: Opinions?

Those are all lifted cars (CUV) with a few extra inches of ground clearance with compromised handling, I wouldn't call them SUVs. Also the features you listed are not exclusive to Luxury cars, they are available in most mainstream vehicles. I'd also ask why you want to spend 40k on any of those opti...
by flyingcows
Sat Jan 04, 2020 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: How to unwind my HSA over contribution
Replies: 4
Views: 315

Re: How to unwind my HSA over contribution

Thank you all, I have been unsuccessful in getting authoritative answers to how the contributions work. Based on conversations with co-workers and the HR staff, this was my understanding, but to be honest none of them (HR rep included) were really certain either. I will follow-up with HR to get more...
by flyingcows
Sat Jan 04, 2020 8:39 am
Forum: Personal Finance (Not Investing)
Topic: How to unwind my HSA over contribution
Replies: 4
Views: 315

How to unwind my HSA over contribution

Hi Bogleheads, Backstory: I switched to a new employer in Nov of 2019, during this time I selected benefits including my pre-tax deductions like annual HSA contributions. I have a family so I selected the IRS max amount of $7,000/year. Health insurance and HSA was setup for me in December, but paych...
by flyingcows
Fri Dec 27, 2019 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: Roth IRA MAGI calculation sanity check
Replies: 6
Views: 503

Roth IRA MAGI calculation sanity check

Hi Bogleheads, I trying to determine if I am eligible to make 2019 Roth IRA contributions. My situation is pretty simple, I worked 2 different W2 jobs (1 at a time, took a break in between) this year and made some dividend income from my taxable account. No other income sources. Married Filing Joint...
by flyingcows
Mon Dec 23, 2019 2:06 pm
Forum: Personal Consumer Issues
Topic: What tech wiring in new build house?
Replies: 124
Views: 6987

Re: What tech wiring in new build house?

As others have already mentioned, you absolutely want to include ethernet wiring (Cat 6) during construction. Even if you only used wireless devices, this will give a vastly superior wireless network vs a mesh system because the backhaul for your access points will be wired. And you also have more o...
by flyingcows
Sat Dec 21, 2019 9:54 am
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 893
Views: 146077

Re: High Earners - What's Your Profession?

Software development, my role is more focused on technical leadership but I still do some real work from time to time. TC is a bit over 250k plus some great benefits, I also live in a part of the country in which a nice house in a good public school district can be had for 300k. There seems to be no...
by flyingcows
Sat Dec 14, 2019 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Gifts to your employees- how much?
Replies: 113
Views: 6911

Re: Gifts to your employees- how much?

Are you an owner of the company or are you an employee yourself? If the later, I wouldn't give gifts and instead suggest that you ask your staff if they would be interested in a group outing during work hours.
by flyingcows
Thu Nov 28, 2019 4:51 pm
Forum: Personal Investments
Topic: Reverse rollover decision into new 401k + fund selection
Replies: 6
Views: 364

Re: Reverse rollover decision into new 401k + fund selection

I will not invest in the EuroPacific Growth fund in the 401k. I have nothing against the fund itself, but if you are going to do the backdoor Roth, and your allocation to international equities is 30% or less, I think you can achieve that by using your backdoor Roth IRA as the repository for intern...
by flyingcows
Thu Nov 28, 2019 4:43 pm
Forum: Personal Investments
Topic: Reverse rollover decision into new 401k + fund selection
Replies: 6
Views: 364

Re: Reverse rollover decision into new 401k + fund selection

First concern I have is why would you roll an existing IRA into an employer's 401k plan? You said you wanted to have as much ERISA exposure as possible. But do you understand what ERISA actually provides to you as a plan participant? ERISA requires plans to provide participants with plan informatio...
by flyingcows
Thu Nov 28, 2019 1:59 pm
Forum: Personal Investments
Topic: Reverse rollover decision into new 401k + fund selection
Replies: 6
Views: 364

Reverse rollover decision into new 401k + fund selection

Hi everyone, I have Rollover IRA held with Fidelity, current market value of 500k. My new employer permits reverse rollovers into their 401k with Capital Group/American Funds. I am not sure how long I will remain with this employer, perhaps 3-5 years before I want to move on to something else, but I...
by flyingcows
Thu Nov 14, 2019 2:28 pm
Forum: Personal Consumer Issues
Topic: Change of employer, 1 month Health Insurance gap, use COBRA or not
Replies: 7
Views: 710

Change of employer, 1 month Health Insurance gap, use COBRA or not

I switched to a new employer and will have a 1 month gap between my old employer plan and the new employer plan. I received the COBRA forms, cost per month is $1,600 for our family of 4. Estimated total income for 2019 will be $225,000 so my penalty for not being insured is $5,625 (2.5%) per year or...
by flyingcows
Mon Nov 11, 2019 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Solo 401k + 401k sanity check
Replies: 3
Views: 367

Solo 401k + 401k sanity check

Hi all, My employer provides a 401k but due to HCE limits I am only allowed to contribute 6%. I also have recently started a side gig which will pay about 20k a year through 1099. The side gig has no costs, it's software work, so my understanding is that I could consider 100% of the earnings as net ...
by flyingcows
Fri Nov 01, 2019 11:17 am
Forum: Personal Investments
Topic: Roth 401K or Taxable
Replies: 53
Views: 2620

Re: Roth 401K or Taxable

My new employer also provides the option to contribute to both a pre-tax 401k and/or a Roth 401k. However, my understanding was that the 19k contribution limit applies in aggregate across all 401k accounts. So if you are maxing your pre-tax 401k contributions, you can't contribute to the Roth 401k....
by flyingcows
Fri Nov 01, 2019 10:48 am
Forum: Personal Investments
Topic: Roth 401K or Taxable
Replies: 53
Views: 2620

Re: Roth 401K or Taxable

My new employer also provides the option to contribute to both a pre-tax 401k and/or a Roth 401k. However, my understanding was that the 19k contribution limit applies in aggregate across all 401k accounts. So if you are maxing your pre-tax 401k contributions, you can't contribute to the Roth 401k. ...
by flyingcows
Fri Nov 01, 2019 7:46 am
Forum: Personal Consumer Issues
Topic: Website that shows salary/benefit/401k information for companies?
Replies: 22
Views: 2284

Re: Website that shows salary/benefit/401k information for companies?

As others have mentioned, my experience has been that recruiters are happy to provide this information, or even dig for requested details. I never disclose any details about my current or previous compensation, so whenever I am asked for a "target" I then turn the question around to them to determin...
by flyingcows
Sat Oct 19, 2019 9:10 am
Forum: Personal Finance (Not Investing)
Topic: End of year job change, making optimal use of new HSA and new 401k space for 2019 tax year
Replies: 2
Views: 269

End of year job change, making optimal use of new HSA and new 401k space for 2019 tax year

Hi Bogleheads! The scenario: I am starting a new job next month, with my health plan selection I will have access to an HSA for the first time. Additionally, my previous employer limited my 401k contributions to 6% as I was classified under HCE restrictions, I will not have this restriction at my ne...
by flyingcows
Fri Sep 27, 2019 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 26857

Re: IT compensation comparison

Just wanted to add that pre-sales and post-sales technical consultants/customer engineers/solution architects also tend to be well compensated. I was a software developer for most of my career and transitioned into a hands on (building stuff) consultant. Something to consider for those who want to w...
by flyingcows
Mon Sep 23, 2019 3:36 pm
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 26857

Re: IT compensation comparison

The numbers in the article seem very low, but I'm not familiar with the compensation tiers at Microsoft. You could get 250k offers from many Bay Area companies, expect FANG to be quite a bit higher than that. Base salary might cap out near 200k, but can go much higher with RSU. With FANG your compe...
by flyingcows
Sun Sep 22, 2019 7:46 am
Forum: Personal Finance (Not Investing)
Topic: IT compensation comparison
Replies: 269
Views: 26857

Re: IT compensation comparison

The numbers in the article seem very low, but I'm not familiar with the compensation tiers at Microsoft. You could get 250k offers from many Bay Area companies, expect FANG to be quite a bit higher than that. Base salary might cap out near 200k, but can go much higher with RSU. With FANG your compen...
by flyingcows
Wed Sep 04, 2019 10:44 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 4352
Views: 836076

Re: What's Your Credit Card Rewards Strategy?

We funnel 100% of our spending through the Citi 2% cash rewards credit card, have the Amazon Visa as a backup card that we only use for international travel (no foreign transaction fees) + Amazon/WF purchases.
by flyingcows
Wed Sep 04, 2019 7:54 am
Forum: Personal Consumer Issues
Topic: "Home" Cell Phone
Replies: 40
Views: 3611

Re: "Home" Cell Phone

We have had an Ooma at home for home phone service for the past 8 years, the service is free and uses your internet connection, you just pay a few dollars per month in tax for the phone number. It also requires a one time purchase for the box which costs ~$60
by flyingcows
Sun Aug 25, 2019 9:15 am
Forum: Personal Consumer Issues
Topic: Another car affordability question, YOLO vs. extreme FI
Replies: 64
Views: 3862

Re: Another car affordability question, YOLO vs. extreme FI

If you are comfortable with the added risk, you can have the best of both worlds buy purchasing a "fully deprecated" older semi-fun car that doesn't have a big following. For example, consider the lower performance trims of the 10-12 year old E90 BMW (LCI), the engines in the 328s are naturally aspi...
by flyingcows
Wed Aug 21, 2019 6:42 am
Forum: Personal Consumer Issues
Topic: Ethernet, MoCA, House Wiring
Replies: 24
Views: 2190

Re: Ethernet, MoCA, House Wiring

In my case, due to the size of our house, the construction materials used in our floors/walls, brick exterior (I wanted good coverage in backyard), and our maze of a basement (my office is in the basement), a wireless backhaul solution was not ideal. I'm a bit of a nerd, so admittedly I'm a bit more...
by flyingcows
Mon Aug 19, 2019 6:29 am
Forum: Personal Consumer Issues
Topic: Request help with Orbi router setup
Replies: 13
Views: 1199

Re: Request help with Orbi router setup

For what it's worth, as I'm late to the party here, I'm not a network guy either, but after a bit of a journey I'm finally super impressed with the network in our home. The key for me was wired backhaul, the problem I had with wireless backhaul is that despite it being "good" most of the time, it wa...
by flyingcows
Sat Jul 06, 2019 12:09 pm
Forum: Personal Finance (Not Investing)
Topic: How to interpret different raise percents?
Replies: 41
Views: 3033

Re: How to interpret different raise percents?

As an employee, I think it's wise to interview with other companies at least once a year to help you assess your market value. Every industry is different, I can only speak for mine...In the US, total compensation for software development roles have increased 100-200% in the past 10 years. Depending...
by flyingcows
Fri Jul 05, 2019 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Banking for Nomads
Replies: 28
Views: 3416

Re: Banking for Nomads

I've been using Schwab Bank "High Yield Investor Checking" as my primary banking solution for the past 10 years. I also hold my taxable and roths accounts with Schwab. As an added bonus, their customer service has always been really good. Aside from Schwab, I also have an account with Bank of Americ...
by flyingcows
Sun Jun 30, 2019 7:49 am
Forum: Personal Finance (Not Investing)
Topic: Underpaid in bay area, seeking advice negotiating salary
Replies: 30
Views: 3738

Re: Underpaid in bay area, seeking advice negotiating salary

135k TC in the bay area is a pittance for software development (assuming that's your field based on your username), you could make that in parts of the US with very low cost of living. Even a 40% step up from that, 189k, is still low, is that the only other option you have explored? A churn and burn...
by flyingcows
Sat Jun 15, 2019 6:31 am
Forum: Personal Consumer Issues
Topic: 50 or 75 gallon water heater?
Replies: 67
Views: 5281

Re: 50 or 75 gallon water heater?

Why not a tankless water heater? We had a Rinnai tankless installed 5 years ago and it's been great, infinite hot water. How does the upfront cost of tankless compare? We had a 50gal tank that needed to be replaced, quoted price was about $1200. Our tankless was $2,800 installed, or $2,500 after ac...
by flyingcows
Wed Jun 12, 2019 12:55 pm
Forum: Personal Consumer Issues
Topic: 50 or 75 gallon water heater?
Replies: 67
Views: 5281

Re: 50 or 75 gallon water heater?

Why not a tankless water heater? We had a Rinnai tankless installed 5 years ago and it's been great, infinite hot water.
by flyingcows
Thu Jun 06, 2019 6:45 am
Forum: Personal Consumer Issues
Topic: What flagship (even used) item is better than a budget new item?
Replies: 131
Views: 8730

Re: What flagship (even used) item is better than a budget new item?

- Tires (Michelin)
- Mac Laptops
- PC components and accessories. No specific brand recommendations, I just avoid budget tier items for these categories: Case, Fans, Power Supply, Mechanical Keyboards, Displays
- Tire Pressure Gauges
- Vinyl wrap (3M)
- Window Tint Film
by flyingcows
Mon Jun 03, 2019 6:38 am
Forum: Personal Consumer Issues
Topic: Any BMW 535i Owners Out There?
Replies: 12
Views: 1515

Re: Any BMW 535i Owners Out There?

I own an F10, a 2014 550i MSport that I purchased used 2 years ago for 27k, first owner was a lessee, as the majority will be, 60-70% deprecation from MSRP over the first 3 years seemed common depending on options. it is a big boat of a car but handles ok for what it is, I only wanted to own 1 car a...
by flyingcows
Fri May 24, 2019 2:22 pm
Forum: Personal Consumer Issues
Topic: How Do You Organize Your Flash Drives?
Replies: 39
Views: 2933

Re: How Do You Organize Your Flash Drives?

I'm curious why you are you using physical media in the first place. Why wouldn't you just use a cloud vendor such as Google Drive for all of your storage needs?
by flyingcows
Mon May 20, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Big credit card charges coming up, should I sign up for a bonus card?
Replies: 19
Views: 1607

Re: Big credit card charges coming up, should I sign up for a bonus card?

Interesting, we funnel the majority of our annual expenses through a single 2% cash rewards credit card, about 80k a year. I didn't think we were leaving much, if any money on the table by only holding the 2% rewards card. I guess I have some reading to do
by flyingcows
Sun May 12, 2019 2:55 pm
Forum: Personal Consumer Issues
Topic: What computer to buy for snowbird
Replies: 37
Views: 3437

Re: What computer to buy for snowbird

Why not just run your workloads on AWS? https://aws.amazon.com/

That frees you to get a highly portable laptop instead of a massive brick
by flyingcows
Thu May 09, 2019 6:36 pm
Forum: Personal Consumer Issues
Topic: Best practices - Car radio/CD player replacement
Replies: 13
Views: 935

Re: Best practices - Car radio/CD player replacement

My car is a 2001 BMW 525, I replaced the factory CD/Radio with an aftermarket Sony with Carplay/Android Auto. My primary motivation was that I just wanted bluetooth functionality, but this one was not that much more expensive and the Carplay functionality is really useful. It doesn't have a CD playe...
by flyingcows
Sat Apr 27, 2019 7:26 am
Forum: Personal Consumer Issues
Topic: Advice for setting up home network with connected devices (security)
Replies: 5
Views: 741

Re: Advice for setting up home network with connected devices (security)

Not sure what the options are on off the shelf options like Orbi, however I do know that you could reflash one of these devices with an open source firmware project like OpenWrt to give the ability to configure VLANs https://openwrt.org/about To accomplish something like this: https://www.routersecu...
by flyingcows
Sat Apr 27, 2019 6:44 am
Forum: Personal Consumer Issues
Topic: Wifi extenders vs Mesh network
Replies: 54
Views: 4489

Re: Wifi extenders vs Mesh network

Wow 4 is alot for a house especially the Pro model. I have 4 APs (two per floor), but I'm using the smaller Ubiquiti in wall APs as I don't like the UFO ones on the walls and it's too much trouble to mount on the ceilings. The in wall units are pretty sleek imho. https://www.ple.com.au//imagelibrar...
by flyingcows
Fri Apr 26, 2019 3:54 pm
Forum: Personal Consumer Issues
Topic: Wifi extenders vs Mesh network
Replies: 54
Views: 4489

Re: Wifi extenders vs Mesh network

We use 4 Ubiquiti AC Pro access points all connected to a router via cat5e cable. Prior to adding the cat5e cable in our home, I was using MoCa bridges to link the access points as we don't use the Coax for anything. Due to the shape/size/building materials of our home, wireless backhaul wasn't real...
by flyingcows
Tue Apr 23, 2019 4:11 pm
Forum: Personal Investments
Topic: Portfolio Review Request
Replies: 10
Views: 1156

Re: Portfolio Review Request

Really appreciate the comments nedsaid, gives me something to consider. I do think I should start moving towards the conservative side, my investments were tiny in 2008 compared to today. I also just like the idea of having a shorter term goal like paying off the house to help keep me focused and mo...
by flyingcows
Mon Apr 22, 2019 3:52 pm
Forum: Personal Investments
Topic: Portfolio Review Request
Replies: 10
Views: 1156

Re: Portfolio Review Request

Thank you for the feedback everyone, some good points to consider. I did some reading on the Roth Conversion and pro-rata rule. Unfortunately I learned that my current employer does not support a reverse rollover of my IRA, but perhaps my next employer will, something I will keep in mind for the fut...
by flyingcows
Sat Apr 20, 2019 8:25 am
Forum: Personal Investments
Topic: Portfolio Review Request
Replies: 10
Views: 1156

Portfolio Review Request

Deleted