Search found 37 matches

by bgatze
Thu Dec 26, 2019 1:42 pm
Forum: Personal Finance (Not Investing)
Topic: Promotion- Questions to ask
Replies: 6
Views: 406

Re: Promotion- Questions to ask

I as polite a way as possible: 1. What is the reason or motivation for this new position? 2. Why isn't this position well described and defined? 3. Is this a 100% firm promotion offer - and not subject to change/withdrawal after receiving your input? 4. Why is this - not well defined - position bei...
by bgatze
Thu Dec 26, 2019 1:15 pm
Forum: Personal Finance (Not Investing)
Topic: Promotion- Questions to ask
Replies: 6
Views: 406

Promotion- Questions to ask

Been offered a promotion at work, basically creating a position directly under the CEO/Executive VP that would be at the VP role managing several departments. I met with my boss Monday (last minute invite) and he blindsided me with the offer. We will meet again tomorrow to develop the job descritpti...
by bgatze
Fri Sep 20, 2019 8:50 am
Forum: Personal Finance (Not Investing)
Topic: 2 weeks notice or No Notice ? save 3.5K or Reputation ?
Replies: 135
Views: 11579

Re: 2 weeks notice or No Notice ? save 3.5K or Reputation ?

Reverse the thinking.... if your reputation was damaged, to the point of having trouble finding a new gig. How much would you pay to fix it? Probably more than $3.5k . Give two weeks notice IMO ... one of your colleagues or bosses will remember this too. +1 reputation is all we have and it would co...
by bgatze
Fri Sep 20, 2019 8:44 am
Forum: Personal Finance (Not Investing)
Topic: If accepting counter-offer, strategies to help relationship with manager
Replies: 12
Views: 1191

Re: If accepting counter-offer, strategies to help relationship with manager

Hi all, If one accepts a counter-offer, what are some strategies to help mend the tension in the relationship with one's manager? As a start, I was thinking that after a month or so, just having a quick chat and thanking one's manager for their vote of confidence that they want me to be here and th...
by bgatze
Tue Sep 17, 2019 10:23 am
Forum: Personal Consumer Issues
Topic: Retirees that have hobbies that make money - what are they?
Replies: 26
Views: 3429

Re: Retirees that have hobbies that make money - what are they?

From the seasoned retirees thread: Find two hobbies: One to make you money. One to keep you in shape. Many posters, including myself, were curious about the details of such hobbies! If you have a hobby that makes money, what is it? And if you don’t mind sharing, how much does it make/how much did y...
by bgatze
Tue Sep 17, 2019 9:55 am
Forum: Personal Consumer Issues
Topic: Seasoned retirees...
Replies: 52
Views: 4938

Re: Seasoned retirees...

DanMahowny wrote:
Mon Sep 16, 2019 10:03 am
Find two hobbies:
One to make you money. One to keep you in shape.
That is almost exactly what advice my grandpa used to say. He did woodworking and loved to hike; one paid for the other.
by bgatze
Fri Sep 13, 2019 2:41 pm
Forum: Personal Finance (Not Investing)
Topic: Managing joint finances when one is a perfectionist
Replies: 122
Views: 8595

Re: Managing joint finances when one is a perfectionist

Often one person takes it over. You will get answers of all types. Tip - figure this out before getting married. +1 Only thing I would add is we regularly still discuss things; I don't want to ever have my wife feel like I am not involving her within the process. Figure out what works for you both ...
by bgatze
Fri Sep 06, 2019 9:27 am
Forum: Investing - Theory, News & General
Topic: Debunking the Silly “Passive is a Bubble” Myth
Replies: 7
Views: 1633

Re: Debunking the Silly “Passive is a Bubble” Myth

Debunking the Silly “Passive is a Bubble” Myth by Ben Carlson in his "A Wealth of Common Sense" column. https://awealthofcommonsense.com/2019/09/debunking-the-silly-passive-is-a-bubble-myth/ Dave I am still very new here but thank you for sharing. I didn't have much worry but it still nice to be re...
by bgatze
Wed Sep 04, 2019 10:14 am
Forum: Investing - Theory, News & General
Topic: Very bad day
Replies: 39
Views: 6423

Re: Very bad day

If you rebalance, then you would not have to write rules for recognizing the RBD. More importantly, rebalancing is more about really bad quarters and years which make a lot more hay than just days. Out of curiousity I have been thinking about this alot lately; anyone have some of their rules to use...
by bgatze
Tue Sep 03, 2019 4:25 pm
Forum: Personal Investments
Topic: Simple IRA: 5034-Simple
Replies: 12
Views: 455

Re: Simple IRA: 5034-Simple

As has been pointed out. If it is a 5304-SIMPLE IRA plan. They MUST allow you to designate the financial institution. If they wanted to force a designated financial institution (DFI), they should have adopted a 5305-SIMPLE IRA plan. It is just too bad that it is extra payroll work. Failure to allow...
by bgatze
Tue Sep 03, 2019 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Some Computer Science Career Advise?
Replies: 56
Views: 5112

Re: Some Computer Science Career Advise?

It’s time to leave. You went and got competing offer and it’s much better. Your company had the chance to retain you and chose not to. Of course your manager is scared you’ll leave, but he couldn’t get it done and the firm didn’t value promotion Once you’ve actually got the other offer, it’s time t...
by bgatze
Tue Sep 03, 2019 8:19 am
Forum: Personal Consumer Issues
Topic: Water alarm just saved me a lot of $$$. Do you have them?
Replies: 62
Views: 7101

Re: Water alarm just saved me a lot of $$$. Do you have them?

We bought a new home last year and our sump pump runs absolutely non-stop! So when we moved in I replaced the older pump with a new one and installed water leak alarms. Deciding this still wasn't enough and I was losing sleep I explored additonal backups. This is a backup pump that uses fresh water ...
by bgatze
Sat Aug 31, 2019 8:10 am
Forum: Personal Finance (Not Investing)
Topic: Side Hustle
Replies: 51
Views: 3457

Re: Side Hustle

CyclingDuo wrote:
Sat Aug 31, 2019 8:09 am
Texanbybirth wrote:
Fri Aug 30, 2019 7:21 pm
(My wife sings professionally, and she makes more than I do per hour doing it. I'm considering my side hustle to be getting her gigs! :D )
Trills pay the bills!

:moneybag :moneybag

:sharebeer
Agreed! Make hay while the sun shines.
by bgatze
Fri Aug 30, 2019 12:31 pm
Forum: Personal Consumer Issues
Topic: Your best deal from Craigslist
Replies: 46
Views: 3905

Re: Your best deal from Craigslist

I love this thread! I actually just purchased these two weeks ago, but I purchased about 400 sq ft of patio pavers for less than $150 bucks. It was a great deal and will add tremendous value to my home, however; the 81-year-old couple I purchased them from were some of the best people I have ever me...
by bgatze
Fri Aug 30, 2019 6:28 am
Forum: Personal Finance (Not Investing)
Topic: Side Hustle
Replies: 51
Views: 3457

Re: Side Hustle

2. Toying with the idea of starting a consulting job for companies looking to develop some BI solutions, I do this full time in my current role and still find it to be absolutely enjoyable. What are "BI solutions?" Business Intelligence- I have experience with data structuring, cleaning, modeling a...
by bgatze
Thu Aug 29, 2019 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle
Replies: 51
Views: 3457

Re: Side Hustle

You mention woodworking skills - have you thought about being a handyman? My husband started a handyman business as a part time job (he is a full time stay at home Dad) and gets so much work he has to turn jobs down as he only works when I’m not working. The business has had profit every month, and...
by bgatze
Thu Aug 29, 2019 7:49 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle
Replies: 51
Views: 3457

Re: Side Hustle

Ron Ronnerson wrote:
Thu Aug 29, 2019 7:40 pm
I churn bank, credit card, and brokerage bonuses. I’ve made around $10k/year for the past few years. It doesn’t require that much time and some of the bonuses are tax-free. It does take organization and being able to follow directions carefully.
I am very impressed and lack this skill, great job!
by bgatze
Thu Aug 29, 2019 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle
Replies: 51
Views: 3457

Re: Side Hustle

Seems a lot of people view a side hustle or anything out of a normal profession as a negative. I personally view it as a badge of honor. Not everyone can make life goals as simply (especially those younger with massive education debt to overcome) as job, invest, retire. 4 years ago; I was single, de...
by bgatze
Thu Aug 29, 2019 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle
Replies: 51
Views: 3457

Re: Side Hustle

I do not have a "side hustle". I am not really sure what that even means. I have a professional career, I have investments and I am debt free. My down time allows me to pursue my passions. Fair Enough, let’s define it. Side Hustle= hobby, second job, passion project or skill that allows you to reac...
by bgatze
Thu Aug 29, 2019 6:09 pm
Forum: Personal Consumer Issues
Topic: What to let kids buy?
Replies: 50
Views: 4465

Re: What to let kids buy?

This gives me hope! Have two kids (2 1/2 and 4 months) and already fear about how to teach best spending responsibly.

Lord knows the wife and I made every horrible mistake along the way. Hoping to make it a common topic in the house early on so our children have an advantage
by bgatze
Thu Aug 29, 2019 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle
Replies: 51
Views: 3457

Re: Side Hustle

I seem to remember some threads about side hustles in the past couple of years. Entering "side hustle" in the forum's search box (at top right on a desktop browser) should turn them up... checking... yep, it does! Try it and see what you get. That search box says "Google", but the search is restric...
by bgatze
Thu Aug 29, 2019 5:14 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle
Replies: 51
Views: 3457

Re: Side Hustle

TheAccountant wrote:
Thu Aug 29, 2019 5:03 pm
IMO the side hustle that'll have the best ROI is taking your day job and turning it into your side hustle.
I agree just worried about burn out!
by bgatze
Thu Aug 29, 2019 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle
Replies: 51
Views: 3457

Re: Side Hustle

I am an Speech Language Pathologist currently working full time in schools, and for a few years I contracted out with some of the local rehab companies and worked in long term care facilities providing speech services in the evenings. It paid well (mileage plus $50/hr). However, I did have four you...
by bgatze
Thu Aug 29, 2019 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle
Replies: 51
Views: 3457

Re: Side Hustle

Just starting to get my finances on track. I have a lot of work ahead of me and working with my wife to be debt free in next 18 months. Just wondering what some of the BH’s do for some side hustles. I have a wealth of hobbies and skills currently on the table as possibilities but wanted to see what...
by bgatze
Thu Aug 29, 2019 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Side Hustle
Replies: 51
Views: 3457

Side Hustle

Just starting to get my finances on track. I have a lot of work ahead of me and working with my wife to be debt free in next 18 months. Just wondering what some of the BH’s do for some side hustles. I have a wealth of hobbies and skills currently on the table as possibilities but wanted to see what ...
by bgatze
Wed Aug 28, 2019 3:29 pm
Forum: Personal Investments
Topic: Portfolio Advice-Not Invested yet
Replies: 2
Views: 278

Portfolio Advice-Not Invested yet

Hello BH's, Although I just found BH's at the begining of the month, I am fully onboard with the idea. Now that I have "seen the light" as it were and my accounts have been moved to Vanguard I am at the point of actually setting up my desired AA and purchasing funds. I know it is very strait forward...
by bgatze
Tue Aug 27, 2019 4:40 pm
Forum: Personal Investments
Topic: Simple IRA: 5034-Simple
Replies: 12
Views: 455

Re: Simple IRA: 5034-Simple

I like that idea. Will update the thread with results although might take a week to hear back. I also just emailed my boss the VP and my direct report to update him. I am not big on rocking a boat within a company but have never once let an argument pass where I was confident I was on the right side...
by bgatze
Tue Aug 27, 2019 4:20 pm
Forum: Personal Investments
Topic: Simple IRA: 5034-Simple
Replies: 12
Views: 455

Re: Simple IRA: 5034-Simple

What did you fill out for "Employee Selection of Financial Institution" on the Agreement Form? I gave my suggestion above, but I don't know if it will work for you. I would ask someone on the executive team what he/she does. Someone far above HR and hopefully with a little more investing know how. ...
by bgatze
Tue Aug 27, 2019 4:06 pm
Forum: Personal Investments
Topic: Simple IRA: 5034-Simple
Replies: 12
Views: 455

Re: Simple IRA: 5034-Simple

It is my understanding that a 5304 Simple plan is by definition one that must allow the employee to choose his/her own provider. Northwestern Mutual has nothing to do with this in this case. It is between you and your employer. Are you sure this is a 5304 plan and not a 5305 plan? My next step afte...
by bgatze
Tue Aug 27, 2019 3:54 pm
Forum: Personal Investments
Topic: Simple IRA: 5034-Simple
Replies: 12
Views: 455

Re: Simple IRA: 5034-Simple

Forgot to add the following details.

MFS Aggressive Growth Allocation Fund: Initial Sales Charge is 3.76% and ER is 1.09.

Although they have other options almost all of them have an ER above 1
by bgatze
Tue Aug 27, 2019 3:47 pm
Forum: Personal Investments
Topic: Simple IRA: 5034-Simple
Replies: 12
Views: 455

Simple IRA: 5034-Simple

So I am newish to the forum (2 weeks?) and one of the many things I learned was that my employeers 5304-Simple plan is way to expensive for me to continue to use in it's current form. After searching forums I found multiple topics about frozen Simple IRA's with Vanguard and have been doing some rese...
by bgatze
Tue Aug 27, 2019 3:02 pm
Forum: Investing - Theory, News & General
Topic: Best of Bogleheads - your #1 takeaway
Replies: 151
Views: 15849

Re: Best of Bogleheads - your #1 takeaway

still very new here so I know my answer would be vastly different in a number of years but so far.... Stick to your plan. Do no deviate based off market conditions. I was with EJ and had a simple IRA through work with outrageous fee'; finding this forum changed my financial future. Age 34 now and wi...
by bgatze
Fri Aug 23, 2019 9:04 am
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 203
Views: 18149

Re: White collars- How much is your work downtime?

HEDGEFUNDIE wrote:
Wed Aug 21, 2019 10:21 am
True at analyst to manager levels, once you get to director though, downtime drops to zero.
+1 went from 50%-60% downtime at Analyst level into manager roles, now in a directors role it is always 0
by bgatze
Mon Aug 19, 2019 8:49 am
Forum: US Chapters
Topic: Post your Financial Milestone Announcements Here
Replies: 1293
Views: 174080

Re: Post your Financial Milestone Announcements Here

Mine is simple but one each of you had to complete in the past! I have just discovered the Bogleheads.org forum and have dove into the culture with both feet. Waiting on my transfer from Edward Jones to complete and starting my investing journey with a completely new outlook at my financial future. ...
by bgatze
Thu Aug 15, 2019 9:39 am
Forum: Investing - Theory, News & General
Topic: Treasury 2-10 year yield curve has inverted!
Replies: 115
Views: 11684

Re: Treasury 2-10 year yield curve has inverted!

So I am in the business of hotels and at the HDC (Hotel Data Conference) right now and the opening speaker who is the VP of tourism economics shared these thoughts on this topic. Thought I would share. Trying to post from phone and new to forum so I apologize if this doesn’t work as intended. https:...
by bgatze
Fri Aug 09, 2019 11:29 am
Forum: Personal Investments
Topic: Roth Conversion Question
Replies: 4
Views: 557

Re: Roth Conversion Question

I don't know your income but you might even qualify for direct Roth IRA contributions so this might be moot My annual salary is $90,000 and my wife $50,000 so we are still able to do a full contribution which is what I poorly was attempting at communicating with your clarification question. Thank y...
by bgatze
Fri Aug 09, 2019 10:20 am
Forum: Personal Investments
Topic: Roth Conversion Question
Replies: 4
Views: 557

Roth Conversion Question

Hi all, Very new to the forum. I apologize if I am asking somehting basic but really just starting my journey, so please allow me some ignorance. Until last week I had an IRA with Edwards Jones which after I looked at the fees with this account led me to Vanguard and here. I recently opened my Vangu...