Search found 299 matches

by simas
Tue Jan 15, 2019 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: A co-worker makes more than me
Replies: 77
Views: 6549

Re: A co-worker makes more than me

I have co-workers that make quite a bit more than me for doing less work. I have others that have a hard time staying afloat and working 60-70 hours a week. There's a million reasons why that's the case. It's ultimately none of my business and I don't seek to redress the inequity during my periodic...
by simas
Tue Jan 15, 2019 8:36 pm
Forum: Personal Finance (Not Investing)
Topic: A co-worker makes more than me
Replies: 77
Views: 6549

Re: A co-worker makes more than me

OP if you want a pity party - then you get plenty here. the usual self appointed victims, its always someone else fault, you get nothing in this world, self defeatists which are plenty and write their own destiny. if you want something more real for the future, no - 'bringing it up with the manager'...
by simas
Sat Jan 12, 2019 10:05 am
Forum: Personal Finance (Not Investing)
Topic: 2017 State Tax Refunds Federally Taxable in 2018!!!
Replies: 16
Views: 2131

Re: 2017 State Tax Refunds Federally Taxable in 2018!!!

Similarly confused - this was always that way. if you overpaid state taxes (and subtracted them from your federal income), the refund is taxable and was always so. " Had I know this would be the treatment, instead of a refund last year, I would have elected to apply the over-payment to my 2018 state...
by simas
Sat Jan 05, 2019 9:48 am
Forum: Personal Finance (Not Investing)
Topic: New to "CC Game/Shuffle"- How do you effectively access CC offers?
Replies: 25
Views: 1813

Re: New to "CC Game/Shuffle"- How do you effectively access CC offers?

The other point here is that all of this ("miles", transferable points, etc) are means to the end. 1. programs can and do change (not infrequently), the transfer partners change , airlines, hotels, etc join and leave various bank run programs 2. even if the program does not change , the details itse...
by simas
Fri Jan 04, 2019 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: Suggested update to after-tax 401(k) wiki entry
Replies: 5
Views: 453

Re: Suggested update to after-tax 401(k) wiki entry

Another comment on this is that mega backdoor Roth is one of the primary reason for some of us doing self-employed/small business work to adopt 401k plans (solo401 from providers like discountsolo401.com or alternatives). In that case, why not just load it up with pre-tax "employer" contributions? ...
by simas
Fri Jan 04, 2019 8:46 am
Forum: Personal Finance (Not Investing)
Topic: Anybody use Vanguard Advantage do you need 1 million to avoid fees?
Replies: 23
Views: 3042

Re: Anybody use Vanguard Advantage do you need 1 million to avoid fees?

My understanding is that "Vanguard Advantage" and writing checks from brokerage are completely different as there is a bank that Vanguard partnered with involved. Actual BillPay and other items are provided by the bank that Vanguard works with (similar to how Fidelity does it or Schwab, except Schwa...
by simas
Fri Jan 04, 2019 8:43 am
Forum: Personal Finance (Not Investing)
Topic: self employed tax question
Replies: 37
Views: 1163

Re: self employed tax question

Recommend listening to what Spirit Rider suggestions. Also, I would strongly recommend treating this seriously , you are running a business in the eyes of the authority. Focus on what you do great, think of what you need to offload, and hire help as needed and where needed. Business has revenue and ...
by simas
Fri Jan 04, 2019 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Anybody use Vanguard Advantage do you need 1 million to avoid fees?
Replies: 23
Views: 3042

Re: Anybody use Vanguard Advantage do you need 1 million to avoid fees?

we use it for bill pay and cash dump as alternative to Chase checking account, works well so far.
by simas
Fri Jan 04, 2019 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Suggested update to after-tax 401(k) wiki entry
Replies: 5
Views: 453

Re: Suggested update to after-tax 401(k) wiki entry

Another comment on this is that mega backdoor Roth is one of the primary reason for some of us doing self-employed/small business work to adopt 401k plans (solo401 from providers like discountsolo401.com or alternatives). The testing involved is not relevant to such plans covering owner or owner plu...
by simas
Sun Dec 30, 2018 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Water damage from upstairs neighbor - insurance, subrogation, other recourse?
Replies: 44
Views: 7801

Re: Water damage from upstairs neighbor - insurance, subrogation, other recourse?

Hi Folks, I am in a similar situation with water that came into my unit from the upstairs unit which caused damage to mine. There was clear negligence because they admitted to accidentally leaving the bathtub water running. The upstairs owner has insurance but they are denying the liability claim e...
by simas
Thu Dec 20, 2018 9:40 am
Forum: Personal Consumer Issues
Topic: Lap top recommendation
Replies: 42
Views: 2098

Re: Lap top recommendation

Few things (to ask yourself) How important is warranty to you and how savvy are you when it comes to repairs? laptop repairs are typically harder than desktop (for parts swap ,etc) , depend much more on the manufacturer for difficulty of repair. this would dry the new vs used argument Rank component...
by simas
Fri Nov 23, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block 2018 Tax Software Deluxe $18.00 - Black Friday sale
Replies: 267
Views: 20762

Re: H&R Block 2018 Tax Software Deluxe $18.00 - Black Friday sale

For those of your who bought H&R Block 2018 (as I did today for Premium) - can you figure out where is it calculating QBI (Qualified Business Income Section 199A) deduction. I think I went through 1040 it generates line by line and may be I am failing to see it. I have 130k of 1099 income as self em...
by simas
Sun Nov 04, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: RE Newbie: Buying Family Owned Home
Replies: 14
Views: 1084

Re: RE Newbie: Buying Family Owned Home

I'm not sure what you're saying here. Of course they may discount the price, all the way down to nothing. However, the difference between FMV and the price can equal a taxable gift. Gill I am not sure I follow as well - isn't FMV (especially in real estate) is what a willing buyer is offering? Othe...
by simas
Sun Nov 04, 2018 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Deal fell through and didn't get escrow money.....
Replies: 56
Views: 5976

Re: Deal fell through and didn't get escrow money.....

what he was told.. I smell something fishy...... Is this the new way of doing real estate deals since the mortgage crisis? no, it was always that way. I also do not understand why you want to be involved in 'friends' business without all of the details - where did the deal fell through, i.e. did th...
by simas
Sun Nov 04, 2018 9:19 am
Forum: Personal Finance (Not Investing)
Topic: Deal fell through and didn't get escrow money.....
Replies: 56
Views: 5976

Re: Deal fell through and didn't get escrow money.....

I thought it was pretty standard for contracts like this to allow the seller to continue to collect offers. If one comes in, the buyer either waives the contingency clause or lets the deal fall through. Does any seller actually lock up their house for say 30 days with a buyer that can just walk awa...
by simas
Wed Oct 31, 2018 5:32 pm
Forum: Personal Finance (Not Investing)
Topic: Metlife Total Control Account - Has been Closed
Replies: 2
Views: 358

Re: Metlife Total Control Account - Has been Closed

"closed due to her not replying to a mail communication sent to her in January 2018" it takes multiple years (half decade in most states) of inactivity and inability to be able to reach the property owner, so the problem is not due to single communication from January of this year and may be more se...
by simas
Wed Oct 31, 2018 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: FSA and HSA
Replies: 4
Views: 618

Re: FSA and HSA

3. Yes, if the camp is required in order for you to be able to go to work (i.e. full day activity). i.e. we pay to YMCA summer programs and get reimbursed under FSA
by simas
Tue Oct 30, 2018 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Company options and non-compete agreements
Replies: 16
Views: 943

Re: Company options and non-compete agreements

OP also needs to check if he signed a non-compete in his initial offer letter 7 years ago. This. OP, you are also all over the map with your questions - non-complete (which you are very likely to agreed you in the first place) has nothing to do with you getting options earlier, not getting them, ge...
by simas
Tue Oct 30, 2018 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 162
Views: 12891

Re: Am I doing well financially?

you received a fair number of feedback, some probably easier to read than the other - my thoughts on your question On comparison(s) - I recommend stop trying to do that, it is pointless and losers game. there would always be those with (a lot) more and those with (a lot) less. - your location matter...
by simas
Sun Oct 21, 2018 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Travelers Checks
Replies: 36
Views: 2372

Re: Travelers Checks

Yes, I still have the receipts. I have some of the checks in my name and some in DWs name. We carry each other's receipts and we both carry both sets of serial numbers. No hassle at all. However, reading the responses to my OP has convinced me that they are no longer worthwhile. I plan to take them...
by simas
Sat Oct 20, 2018 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Transfer VTSAX & VTIAX to Chase You Invest?
Replies: 28
Views: 2605

Re: Transfer VTSAX & VTIAX to Chase You Invest?

Also, check their fee schedule - as you I got the same UR enticement promotion for opening the account. However when looking at fee schedule I was $75 fee when you transfer securities out. Link https://www.chase.com/content/dam/chase-ux/documents/personal/investments/youinvest_trade_fee_commish_sche...
by simas
Sat Oct 20, 2018 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Best options for cash in Schwab brokerage accounts?
Replies: 59
Views: 17778

Re: Best options for cash in Schwab brokerage accounts?

I think that's a slightly cynical view. the reality is that Schwab (SCHW) makes money investing the 'float' you as customer giving it and collecting the difference between the amount it pays you on 'cash' and what it gets from short term paper. at least 90 basic points when I was there years ago an...
by simas
Fri Oct 19, 2018 7:00 pm
Forum: Personal Finance (Not Investing)
Topic: If I'm convinced to stop making extra mortgage payments, should I recast?
Replies: 15
Views: 2116

Re: If I'm convinced to stop making extra mortgage payments, should I recast?

any extra principal payments. I would end up paying more interest than if I did not recast and just made the required payment. Alternatively, I could just make the required payment (i.e. no recast). My loan term will end earlier to reflect my extra principal payments. I am leaning towards the recas...
by simas
Fri Oct 19, 2018 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Just Divorced -- Need Help [looking for new credit card]
Replies: 73
Views: 7344

Re: Just Divorced -- Need Help [looking for new credit card]

may be create a separate thread for it? what are the debts - amounts, percentages, when those start (if you have grace periods now) what is the income what are the budgeted expenses is there any emergency funds available to you in short, you need to make decision on whether it is mathematically poss...
by simas
Wed Oct 17, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Need guidance on charting next life steps
Replies: 27
Views: 2175

Re: Need guidance on charting next life steps

Coming back to the thread Skills - if you do end to end data management (or even most of the data management disciplines as defined by DAMA), you skills are already in very high demand. Note that this is not 'I will see you next fantastic whiz bang disruptor thingy' which frankly people who are in t...
by simas
Tue Oct 16, 2018 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: Moved from ETrade to Fidelity-quick update-is this normal?
Replies: 5
Views: 767

Re: Moved from ETrade to Fidelity-quick update-is this normal?

Maybe I'm being too sensitive... Yes, you are performing unusual activity so you are tripping various monitoring programs that are required by US laws (AML , CIP, etc). Calm down, breath out, and relax. Fidelity of cause has various programs to comply with regulatory requirements and laws , tagged ...
by simas
Tue Oct 16, 2018 7:40 am
Forum: Investing - Help with Personal Investments
Topic: Invest in target date fund or do myself? Poor return Schwab Private Client
Replies: 23
Views: 2463

Re: Invest in target date fund or do myself? Poor return Schwab Private Client

No one is able to recommend good advisor. Really appreciate input! I would step back from very minute details and ask a bigger question - what are your expectations of the advisor? what you want advisor to do/not do? are you confusing advisor with investment/portfolio manager and either of those wi...
by simas
Sun Oct 14, 2018 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Cassaday & Co. (Financial Advisors)?
Replies: 12
Views: 1068

Re: Cassaday & Co. (Financial Advisors)?

separately - as I grow older (and hopefully wiser) I found myself further and further removed from desire to tell people how to run/ruin their lives. unless friend explicitly asked for opinion 'should I do this', then it isn't my business or my problem. if friend asks, I will answer, and then leave ...
by simas
Sun Oct 14, 2018 6:58 pm
Forum: Personal Finance (Not Investing)
Topic: Need guidance on charting next life steps
Replies: 27
Views: 2175

Re: Need guidance on charting next life steps

4) I do not understand why you cannot do the same job and get paid the same in India? Is there no customer for this startup in the AsiaPac area? Can you not fly in to meet the customer in the USA as needed? KlangFool it is unknown whether he would be paid the same if he moves back, very likely he w...
by simas
Sun Oct 14, 2018 6:26 pm
Forum: Personal Finance (Not Investing)
Topic: Need guidance on charting next life steps
Replies: 27
Views: 2175

Re: Need guidance on charting next life steps

Not sure what type of guidance you expect - someone to make choice of various options? 1. Do you (as a family) want to stay at current place (in current arrangement) or not? Can you live with it? If the answer is 'yes', then stay the course and move on. Also, almost 15% bump is exceptionally high fo...
by simas
Thu Oct 11, 2018 6:00 pm
Forum: Personal Finance (Not Investing)
Topic: Mold on inspection, need advice
Replies: 30
Views: 2358

Re: Mold on inspection, need advice

Hi So we completed inspection on a house and found water spots in the ceiling. The drywall was opened and there is fair amount of black mold on the drywall and along the edge where the drywall meets the rafter. Spouse is freaked. Obviously the leak needs to be repaired and we were planning on havin...
by simas
Thu Oct 11, 2018 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Just Divorced -- Need Help [looking for new credit card]
Replies: 73
Views: 7344

Re: Just Divorced -- Need Help

Why is this so difficult to get a recommendation? I want to consolidate my debt. the issue you have is that you are already bad credit risk (according to your words about the credit score) and can not be too picky here. pretty much anyone who can offer you some terms you can accept would work - I d...
by simas
Wed Oct 10, 2018 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: Do you use your own cards for work travel?
Replies: 16
Views: 1197

Re: Do you use your own cards for work travel?

each corp/megacorp is different. our rules were simple - company card for company related expenses. integrated with Concur, expense/receipt management, automatic reporting ,etc. everything could be done from your company phone , both filing yours and approving people under you - generous per diem , ...
by simas
Sun Oct 07, 2018 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: getting paid as a contractor
Replies: 33
Views: 2359

Re: getting paid as a contractor

IC is Independent Contractor. The standard term used by everyone including the IRS to describe what you are. There are no guarantees in IC work and in life. That is why you have a serious contract. Not a single page. To protect yourself and specify exactly how payments are to be made. It doesn't en...
by simas
Sun Oct 07, 2018 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Income (US vs Europe)
Replies: 55
Views: 3901

Re: Income (US vs Europe)

Taxes - all depends on comparisons. I.e. I was curious on UK rates and looked up this on google - https://www.gov.uk/income-tax-rates. WOW , for a person not living in NY or Cali, and coming from US , these tax brackets are shocking. 40% over USD60k (46k in pounds). In US, 60k would be 22% bracket f...
by simas
Sun Oct 07, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Income (US vs Europe)
Replies: 55
Views: 3901

Re: Income (US vs Europe)

US is very big (similar to Europe) and can wary as much as UK and say Greece - it is 50 different states with its own laws, taxes, different social contracts (higher taxes for higher services). Because it is so big , states compete, and you can select how you want your experience to be - very high c...
by simas
Sun Oct 07, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Former Employer Contracting Opportunity - Share Your Thoughts
Replies: 29
Views: 1640

Re: Former Employer Contracting Opportunity - Share Your Thoughts

A couple months after I retired they came back to me, because the replacement they hired quit. As first I said No Thanks, but eventually I said okay at my old rate. Which sounds stupid but I had several conditions. I'll make program tweaks, answer questions over email, sit in on conference calls. B...
by simas
Tue Oct 02, 2018 8:06 am
Forum: Personal Finance (Not Investing)
Topic: First time Salary Negotiations
Replies: 25
Views: 2762

Re: First time Salary Negotiations

Yes I am already doing sales. That is one of the requirements and what they are asking is how much revenue can I generate. My role is two fold. Develop a team to execute the day-to-day operations with the clients I bring in and then go out and win more work. Rinse and repeat. That is my primary rol...
by simas
Sat Sep 22, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Traveling overseas .. credit cards? cash exchange?
Replies: 43
Views: 2899

Re: Traveling overseas .. credit cards? cash exchange?

I am exploring best options for using cash, credit cards, and/or debit cards overseas. All the credit cards I have include a 3% fee on international transactions. I am leaning toward using my Citi card that offers a 2% cash back on purchases, essentially reducing my cost to 1% on international tran...
by simas
Sat Sep 22, 2018 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 157
Views: 13514

Re: Considering Quitting Job - Seeking Advice. Would you do it?

I was 'speaking' pretty loudly earlier that you should end the self-destructive ways of working like that. However, I am now adding the voice of having the conversation with your boss/mentor/leadership and see what you can negotiate. Be honest, be upfront, be humble, and then let them discuss and ac...
by simas
Sat Sep 22, 2018 2:03 pm
Forum: Personal Finance (Not Investing)
Topic: First time Salary Negotiations
Replies: 25
Views: 2762

Re: First time Salary Negotiations

Both opportunities are similar but I am more inclined to see if I would be considered for opportunity 2 but opportunity 1 offer is likely going to come before I even meet with the hiring manager at opportunity 2. If that were to happen, what do I do? I don't know how long I am going to have until t...
by simas
Sat Sep 22, 2018 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: First time Salary Negotiations
Replies: 25
Views: 2762

Re: First time Salary Negotiations

I have an information systems degree and the technical skills to execute the day to day operations, but in my future role, they want me to develop and grow the practice . So instead of performing the technical analysis, my value and what they are paying for is my network/connections/current cliente...
by simas
Mon Sep 17, 2018 8:14 am
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 157
Views: 13514

Re: Considering Quitting Job - Seeking Advice. Would you do it?

The bottom line is that the OP has lost perspective. The key to his golden handcuffs are in his pocket but he refuses to use them. most major corporations insist and work very hard on such indoctrination. you wear their free polo shirts, learn their acronyms, learn their rule sets, learn to think l...
by simas
Mon Sep 17, 2018 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Considering Quitting Job - Seeking Advice. Would you do it?
Replies: 157
Views: 13514

Re: Considering Quitting Job - Seeking Advice. Would you do it?

stop the madness, set boundaries , evaluate who you are. two major themes here 1) you are just oozing with Kool-Aid ( we must deliver, we are not quitters, and other BS). very sad (to me) example of abuse where you take a person out of college and indoctrinate them to SUCH a degree that they complet...
by simas
Wed Sep 12, 2018 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: dumb dentist question - canceling whole life insurance
Replies: 19
Views: 2007

Re: dumb dentist question - canceling whole life insurance

He wrote I had a net worth of $150k on my application, and when I texted him I would’ve put $10k (what was in my bank account), he said ‘you’re worth that.’ I mean I signed, but it was under the impression he knew what he was talking about and had my best interests in mind. Should I just send a sca...
by simas
Wed Sep 12, 2018 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: New Job (1st Management Role)
Replies: 30
Views: 3040

Re: New Job (1st Management Role)

An important point: If you turn down the offer, you will never be asked again.If you are seriously considering being a "company person" and want to test the waters at being a manager, take the offer. Plus many. LadyGeek is absolutely right here. if you pass, it is very unlikely you would be asked a...
by simas
Wed Sep 12, 2018 9:16 pm
Forum: Personal Finance (Not Investing)
Topic: New Job (1st Management Role)
Replies: 30
Views: 3040

Re: New Job (1st Management Role)

- there is zero in 'management' that requires for you to work more, do not fool yourself except when your people either screw up or even when something isn't actually screwed up but the rumor has made its way to the highest levels. then you have to explain the matter to a blue ribbon committee of p...
by simas
Wed Sep 12, 2018 11:01 am
Forum: Personal Finance (Not Investing)
Topic: dumb dentist question - canceling whole life insurance
Replies: 19
Views: 2007

Re: dumb dentist question - canceling whole life insurance

I need some advice about how to handle canceling my whole life policy. contact life insurance company (not the agent, company). see what procedures they have (which form you have to mail in, etc) mail in the form they mail you the check (if there is any cash balance) start of new year they mail you...
by simas
Wed Sep 12, 2018 10:50 am
Forum: Personal Finance (Not Investing)
Topic: dumb dentist question - canceling whole life insurance
Replies: 19
Views: 2007

Re: dumb dentist question - canceling whole life insurance

Contact the insurance company and complain with written details any negative or lies told by the salesman when they tricked you into buying this policy. I would also threaten them to go to the state insurance commissioner as well as informing every one of your friends, customers, local newspaper, e...
by simas
Wed Sep 12, 2018 10:47 am
Forum: Personal Finance (Not Investing)
Topic: dumb dentist question - canceling whole life insurance
Replies: 19
Views: 2007

Re: dumb dentist question - canceling whole life insurance

1. No , no refund . consider it fairly inexpensive lesson 2. yes, you can 1035 it but even the best plans like this from Vanguard still have many multiples of costs to run vs standard investments. Cancel whole life, move on, stop listening to 'friends'. For term, could go either way, it is fairly in...