Search found 280 matches

by simas
Sun Oct 21, 2018 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Travelers Checks
Replies: 31
Views: 1526

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: 2116

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: 12700

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: 1928

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: 72
Views: 6597

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: 2023

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: 688

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: 2331

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: 1004

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: 2023

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: 2023

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: 2238

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: 72
Views: 6597

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: 1113

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: 2210

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: 3681

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: 3681

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: 1529

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: 2716

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: 2794

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: 154
Views: 12142

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: 2716

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: 2716

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: 154
Views: 12142

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: 154
Views: 12142

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: 1968

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: 3000

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: 3000

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: 1968

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: 1968

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: 1968

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...
by simas
Wed Sep 12, 2018 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Laid Off, Considering Multiple Options - Which Would You Recommend?
Replies: 39
Views: 5466

Re: Laid Off, Considering Multiple Options - Which Would You Recommend?

The short answer - your options is what would actually work, these are not either/or type situations 1. start thinking of what/where you would like to go next and start doing it now. 2. I would not spend too much time on the finding position in the same company, by all means try it but your chances ...
by simas
Wed Sep 12, 2018 10:08 am
Forum: Personal Finance (Not Investing)
Topic: New Job (1st Management Role)
Replies: 30
Views: 3000

Re: New Job (1st Management Role)

Honestly, if you have to ask if management is for you then you're not ready to be a manager. No matter how you skin this cat, a management role is a career change. It is not lateral nor is it a "bump". BTW ... I call B.S. on your HR's policy of minimal (or nothing?) raise. Especially since they (co...
by simas
Wed Sep 12, 2018 10:00 am
Forum: Personal Finance (Not Investing)
Topic: New Job (1st Management Role)
Replies: 30
Views: 3000

Re: New Job (1st Management Role)

F500 but no RSUs for middle management? Maybe you should find a new job. since when is a front line supervisor (team lead essentially) a "middle management"? middle management is typically when you manage other managers but not yet an officer of the company or report to the officer of the company (...
by simas
Wed Sep 12, 2018 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Mr.No - another should I pay off my mortgage, post
Replies: 31
Views: 2690

Re: Mr.No - another should I pay off my mortgage, post

Use income to pay off the mortgage. Do not sell a dime of your investments to do so. And while you're doing so, maintain a healthy savings rate. this. it is a great feeling to be completely debt free, however I would not sell almost all of your investments to do. for us , we used income to chip at ...
by simas
Mon Sep 10, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: How to Choose Between Jobs - Independent Contractor vs Consulting Firm
Replies: 11
Views: 598

Re: How to Choose Between Jobs - Independent Contractor vs Consulting Firm

As others, I am confused on why you would even consider this. Consulting companies are good for only one group of people - the owners of the said practices/companies. If they are making you a good offer there you get a cut of all profits of projects in specific area you oversee/support (regardless o...
by simas
Sun Sep 09, 2018 8:54 am
Forum: Personal Finance (Not Investing)
Topic: Advice on personal loan options?
Replies: 16
Views: 1099

Re: Advice on personal loan options?

As I said earlier - good luck to you. Also, as a person coming from 3rd world into 1st world (1st generation immigration), I think a lot of your comparison are rather black and white - in reality you can build whatever life you like , it is just so much easier here in US. No one is forcing you to 'd...
by simas
Sat Sep 08, 2018 8:44 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on personal loan options?
Replies: 16
Views: 1099

Re: Advice on personal loan options?

The point is, I won't be able to pay them back immediately , but such a loan would be pointless anyway. The whole system sounds completely retarded. You can only get loans secured against assets like cars, or steady income like a salary? Why would you need a loan in those cases? If you have a stabl...
by simas
Thu Sep 06, 2018 7:40 pm
Forum: Investing - Help with Personal Investments
Topic: Invest for income?
Replies: 20
Views: 2099

Re: Invest for income?

Sorry if I am being dense, but I find the idea very alluring. this is probably the most troubling... the general advice here is DYI. However , if your 'lizard brain' responds to such allures, low cost advisor who will keep you on course (by not allowing us to scew yourself over), may be of value to...
by simas
Thu Sep 06, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Invest for income?
Replies: 20
Views: 2099

Re: Invest for income?

The right way to think about it is ignore it . this is discussed here at regular intervals - a dollar (from your portfolio) is a dollar is a dollar. for spending purposes it does not matter to you whether the original source was 'income' ,'dividend', 'capital gain' , 'capital loss', or none of the a...
by simas
Sat Sep 01, 2018 7:39 pm
Forum: Personal Finance (Not Investing)
Topic: Lucrative careers?
Replies: 467
Views: 44012

Re: Lucrative careers?

Nobody argued that ALL software engineers earned that much, just that most competent software engineers could if they choose to live in a tech hub and pursue it. the problem with such "arguments" is that they are at best misleading -what is "most" in your statement here regarding 200k? 90%? 80%? 51...
by simas
Sat Sep 01, 2018 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: My 401K plan
Replies: 4
Views: 438

Re: My 401K plan

1. that is fairly standard
2. only you can decide
by simas
Sat Aug 25, 2018 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Defined Benefit plan at work, not in compliance?
Replies: 11
Views: 1541

Re: Defined Benefit plan at work, not in compliance?

Just follow through the chain of command - the person you are dealing with has a manager, you have a manager, etc. most likely benefits/HR would consider you PITA (which has longer term consequences) but they will review and explain the numbers so you can compare your understanding of it. also know ...
by simas
Sat Aug 25, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to understand employee stock options
Replies: 3
Views: 529

Re: Trying to understand employee stock options

Look at your paperwork and/or contact your Benefits department, they have people who are tracking this. Then return with details and forum could help you further depending on what you find.
by simas
Tue Aug 21, 2018 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: PCP Wants Full Charge Up Front [Primary Care Physician]
Replies: 108
Views: 6648

Re: PCP Wants Full Charge Up Front [Primary Care Physician]

and one more thing - there is severe lack of perspective here complaining about "hardship" of medicine in US, just total immersion into first world arrogance and ignorance which is very sad to see. in my home state of Tajikistan, if you need a difficult procedure (bypass surgery), you die as it is s...
by simas
Tue Aug 21, 2018 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: PCP Wants Full Charge Up Front [Primary Care Physician]
Replies: 108
Views: 6648

Re: PCP Wants Full Charge Up Front [Primary Care Physician]

I don't disagree but I still need to stay in network so whatever I do pay counts against my deductible. I guess thats more of a preference though. this doctor is in my network so I do not see a contradiction here. the reason why I posted in this conversation originally was - the 'up front' noise. n...
by simas
Tue Aug 21, 2018 7:23 am
Forum: Personal Finance (Not Investing)
Topic: PCP Wants Full Charge Up Front [Primary Care Physician]
Replies: 108
Views: 6648

Re: PCP Wants Full Charge Up Front [Primary Care Physician]

I've asked for cash price too. Still can't answer at many offices. well.. get a different office where you can get an answer.. again, the 'market' (a bunch of self interest independent agents including consumers and providers of these services) is voting and we get significant diversity of options ...
by simas
Mon Aug 20, 2018 7:44 am
Forum: Personal Finance (Not Investing)
Topic: PCP Wants Full Charge Up Front [Primary Care Physician]
Replies: 108
Views: 6648

Re: PCP Wants Full Charge Up Front [Primary Care Physician]

An increasing amount of primary care is now provided by non physicians. ( NP, PA). This is likely to increase in the future. Those patients that value primary care provided by physicians may want to accept inconveniences noted in this thread. Those that find such inconveniences unacceptable certain...
by simas
Mon Aug 20, 2018 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Quant / Financial Technology Job Opportunities / companies in New York City
Replies: 31
Views: 2189

Re: Quant / Financial Technology Job Opportunities / companies in New York City

Simas, my experience (second-hand), is with the usual suspects: Citadel (not NYC), Jane Street, Two Sigma, DE Shaw, Hudson River Trading, etc., but it’s almost the opposite of what you’re saying. I was surprised that almost 100% of the hires were kids fresh out of college. True, they weren’t intere...
by simas
Sun Aug 19, 2018 6:41 pm
Forum: Personal Finance (Not Investing)
Topic: Quant / Financial Technology Job Opportunities / companies in New York City
Replies: 31
Views: 2189

Re: Quant / Financial Technology Job Opportunities / companies in New York City

My experience is outside of NYC and what I saw is almost zero interest in no experience "talent". Companies did not care what you did or didn't in school and had zero interest in your life story or essays or any other cute stuff , show history of being able to deliver. for whose we hired out of coll...