Search found 77 matches

by GreendaleCC
Fri Oct 23, 2020 1:12 am
Forum: Personal Finance (Not Investing)
Topic: Choosing a career
Replies: 44
Views: 2270

Re: Choosing a career

I find the high school’s speaker prep questionable. In any case, I think there’s middle ground between passion vs income maximization. Either extreme is not wise in my book. I would encourage any career explorer to think of their possible options as a Venn diagram and focus on the overlap between “...
by GreendaleCC
Fri Oct 23, 2020 12:57 am
Forum: Personal Finance (Not Investing)
Topic: Credit card balance transfer
Replies: 2
Views: 134

Re: Credit card balance transfer

If you look, you can find opportunities for 0% APR promo with $0 balance transfer fee.
by GreendaleCC
Fri Oct 09, 2020 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a career
Replies: 44
Views: 2270

Re: Choosing a career

It’s not clear in OP that the “what career makes the most money?” question came from a student. If it did, that would make more sense.
by GreendaleCC
Fri Oct 09, 2020 12:56 pm
Forum: Personal Finance (Not Investing)
Topic: Choosing a career
Replies: 44
Views: 2270

Re: Choosing a career

I find the high school’s speaker prep questionable. In any case, I think there’s middle ground between passion vs income maximization. Either extreme is not wise in my book. I would encourage any career explorer to think of their possible options as a Venn diagram and focus on the overlap between “W...
by GreendaleCC
Tue Oct 06, 2020 12:12 am
Forum: Personal Investments
Topic: Should We Ever Save for Children's College?
Replies: 467
Views: 29520

Re: Should We Ever Save for Children's College?

I do not save money for college just because I cannot wrap my head about the idea of paying for education (although I already did it once). I don't know why people think is normal. That being said we are also EU citizens, where quality education is free, or, in the worst case, not expensive. To be ...
by GreendaleCC
Wed Sep 23, 2020 10:43 pm
Forum: Personal Investments
Topic: Long Suffering VXUS Holder No More
Replies: 211
Views: 19216

Re: Long Suffering VXUS Holder No More

I am buying your ex-US equity. Keep it coming!
by GreendaleCC
Fri Sep 18, 2020 9:28 am
Forum: Personal Investments
Topic: Use 529 for Adult Post Doctoral Research Fellowship
Replies: 3
Views: 357

Re: Use 529 for Adult Post Doctoral Research Fellowship

I do not believe a postdoc position qualifies as “enrollment or attendance” per IRS Pub 970, so no.
by GreendaleCC
Tue Sep 15, 2020 12:33 pm
Forum: Personal Consumer Issues
Topic: Retirement home Job opportunity for teenager / pros cons
Replies: 18
Views: 949

Re: Retirement home Job opportunity for teenager / pros cons

It’s high risk for the grandparent the teen lives with... :oops: What about all the other things the teenager is doing that are higher risk for the grandparent? At least the time spent at the job is better controlled and has more PPE. You’re right. The risks associated with general carelessness are...
by GreendaleCC
Tue Sep 15, 2020 9:15 am
Forum: Personal Consumer Issues
Topic: Retirement home Job opportunity for teenager / pros cons
Replies: 18
Views: 949

Re: Retirement home Job opportunity for teenager / pros cons

I’m against it for the health care risk and idea that they have to get tested every week for COVID (paid by the job). Teenager does live with an elderly grandparent. I agree with you. It is not worth taking the risk. Curious how this is a risk to a teen? In my opinion, the risk is the other way aro...
by GreendaleCC
Sat Sep 12, 2020 10:16 pm
Forum: Personal Investments
Topic: SDBA Worth the Hassle for S&P 500 Index
Replies: 8
Views: 378

Re: SDBA Worth the Hassle for S&P 500 Index

You say you can’t compare it because it’s not publicly available. How are you trying to compare it?

Does it track the S&P 500 Index? Check.

Does it have a super low fee? Check.

Consider it compared favorably.
by GreendaleCC
Thu Sep 10, 2020 10:57 pm
Forum: Personal Investments
Topic: Moving from 401K Stable Value to IRA Bond Fund
Replies: 7
Views: 583

Re: Moving from 401K Stable Value to IRA Bond Fund

Given your circumstances, I would keep your SVF. It’s what I do.
by GreendaleCC
Sun Sep 06, 2020 4:26 pm
Forum: Personal Investments
Topic: Cost basis for RSUs (vested)
Replies: 6
Views: 504

Re: Cost basis for RSUs (vested)

This should be really clear when you log into the brokerage that your company uses for equity awards. If not, I’d start by calling the broker and ask them to explain your holdings.
by GreendaleCC
Sat Sep 05, 2020 7:58 pm
Forum: Personal Finance (Not Investing)
Topic: Declined 2 opportunities for advancement. Should I be trying to climb the corporate ladder or is being content okay?
Replies: 65
Views: 6157

Re: Declined 2 opportunities for advancement. Should I be trying to climb the corporate ladder or is being content okay?

Are you sure the pay increase is only 10-15k more? That sounds low to go from no direct reports to leading a large team. If that really is the case then I'd suggest staying where you are as you really like your current position. 90% of the people where I work start and never leave (30+ years with t...
by GreendaleCC
Fri Sep 04, 2020 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Options for sheltering assets(monies) college - Is life insurance only option?
Replies: 44
Views: 2552

Re: Options for sheltering assets(monies) college - Is life insurance only option?

Sounds like whole life insurance pays good commissions for your new advisor.

Have you used any of the college calculators to estimate your EFC?
by GreendaleCC
Fri Sep 04, 2020 2:45 pm
Forum: Personal Consumer Issues
Topic: Personal spreadsheet for college decisions
Replies: 9
Views: 885

Re: Personal spreadsheet for college decisions

Some of the surprises were: On a personal note, the availability of other majors of interest and travel time just didn't have much influence on the decision process. The kid ended up choosing a school with the second fewest options and the hardest to get to, among those he was accepted to. Perhaps ...
by GreendaleCC
Fri Sep 04, 2020 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Federal Health Ins For New Young Federal Employee
Replies: 15
Views: 824

Re: Federal Health Ins For New Young Federal Employee

My son recently started working as a clerk to a Federal court district judge. He's 26 and just out of law school. I looked at the options on the web site, but decided maybe someone here can give some suggestions where to start or what to get I feel 100% confident that if your son earned a JD and wa...
by GreendaleCC
Wed Sep 02, 2020 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: College financial advice for undecided rising high school senior
Replies: 71
Views: 3911

Re: College financial advice for undecided rising high school senior

ED=Early decision Thanks for everyone's responses so far. Much appreciated! If she decides a shot at medical school is not for her, she hopes to get a job with her CS/Econ background. Interestingly enough, her interest in CS started as she spent time helping out with some AI projects in Radiology d...
by GreendaleCC
Wed Sep 02, 2020 7:57 pm
Forum: Personal Investments
Topic: 401k Recommendations to Mimic Three-Fund Portfolio
Replies: 7
Views: 562

Re: 401k Recommendations to Mimic Three-Fund Portfolio

You might also consider Vanguard Balanced Index Adm ( VBIAX ) (0.07%): The fund invests roughly 60% in stocks and 40% in bonds by tracking two indexes that represent broad barometers for the U.S. equity and U.S. taxable bond markets. What is the current yield of Standard Stable Asset A (XSAFA)? I ag...
by GreendaleCC
Wed Sep 02, 2020 7:31 pm
Forum: Personal Consumer Issues
Topic: (MS Applied Economics?) Help a Random Internet Stranger Decide
Replies: 20
Views: 1535

Re: (MS Applied Economics?) Help a Random Internet Stranger Decide

OP, I am worried for you. In my opinion, this is a terrible idea, and you SHOULD have cold feet. I don't think this is a "terrible idea". At least in the UK, most government and regulatory economists do not have PhDs but Masters degree is typical. Same in consulting I think. Personally, I think thi...
by GreendaleCC
Mon Aug 31, 2020 9:32 am
Forum: Personal Consumer Issues
Topic: (MS Applied Economics?) Help a Random Internet Stranger Decide
Replies: 20
Views: 1535

Re: (MS Applied Economics?) Help a Random Internet Stranger Decide

I don't know have a better idea than that I've looked at some (senior) quantitative analyst (manager/director) positions that involve work I'd find interesting (fact-finding across teams, building models, communicating findings to team members & decisions makers, etc.) at companies in my industry t...
by GreendaleCC
Mon Aug 31, 2020 2:23 am
Forum: Personal Consumer Issues
Topic: (MS Applied Economics?) Help a Random Internet Stranger Decide
Replies: 20
Views: 1535

Re: (MS Applied Economics?) Help a Random Internet Stranger Decide

OP, I am worried for you. In my opinion, this is a terrible idea, and you SHOULD have cold feet. I'm going to break this down into 4 areas of evaluation: Career transition Current job Program curriculum Family impact Before I get started, I do want to share my support for your idea of a career-chang...
by GreendaleCC
Sun Aug 30, 2020 8:21 pm
Forum: Personal Consumer Issues
Topic: Shopping for college
Replies: 77
Views: 4621

Re: Shopping for college

The best way to save money is to crush the ACT or SAT. Students should study hard for those, the potential ROI is massive. Ha! Ha! That's also the best way to cost a parent the most money. That’s an excellent point livesoft. I’m guessing you are referring to the high cost oof test prep. I read live...
by GreendaleCC
Sat Aug 29, 2020 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Impact of 401k contributions on unemployment benefits (Texas)
Replies: 8
Views: 723

Re: Impact of 401k contributions on unemployment benefits (Texas)

We were able to get through once and they indicated we should contact the employer as they control what’s reported, and couldn’t definitively answer if the deductions made by her to her 401k should have been included. Looks like I’ll need to continue to hopelessly call Texas unemployment lol. On Mo...
by GreendaleCC
Thu Aug 27, 2020 8:53 am
Forum: Personal Investments
Topic: Rollover my 401k or not?
Replies: 16
Views: 979

Re: Rollover my 401k or not?

Always roll them over doesn't matter the situation. No matter how good the old one is you can't add new money so there's very little point unless your making so much money you can't invest it all and then, well I'm jelly. If the old one sucks more that's just cake. I disagree. If the previous plan ...
by GreendaleCC
Thu Aug 27, 2020 8:50 am
Forum: Personal Investments
Topic: Rollover my 401k or not?
Replies: 16
Views: 979

Re: Rollover my 401k or not?

Always roll them over doesn't matter the situation. No matter how good the old one is you can't add new money so there's very little point unless your making so much money you can't invest it all and then, well I'm jelly. If the old one sucks more that's just cake. I disagree. If the previous plan ...
by GreendaleCC
Thu Aug 27, 2020 8:48 am
Forum: Personal Investments
Topic: David Swensen's US Equity allocations - are they skewed to large caps?
Replies: 46
Views: 2207

Re: David Swensen's US Equity allocations - are they skewed to large caps?

firefangle wrote: Mon Aug 24, 2020 11:32 am An investment advisor just told me he thought that this grouping might skew too heavily toward large caps and that I should consider adding in a small cap fund.
BTW, should OP be concerned that his/her investment advisor didn't highlight the issue of holding 6 nearly-equivalent funds?
by GreendaleCC
Thu Aug 27, 2020 8:43 am
Forum: Personal Investments
Topic: David Swensen's US Equity allocations - are they skewed to large caps?
Replies: 46
Views: 2207

Re: David Swensen's US Equity allocations - are they skewed to large caps?

For anyone following along who's not an ETF ticker enthusiast, here's why everyone is so puzzled by OP using all 6 of these funds together: Hi all: I have been faithfully following David Swensen since I first read the book years ago. My US equity portfolio is split evenly among the following: ITOT -...
by GreendaleCC
Mon Aug 24, 2020 8:14 pm
Forum: Personal Investments
Topic: Advice: New job, new 403(b) - Any help greatly appreciated
Replies: 6
Views: 431

Re: Advice: New job, new 403(b) - Any help greatly appreciated

Voya Index Plus Large Cap
Voya Index Plus Mid Cap
Voya Index Plus Small Cap
Note that the "Plus" indicates these funds are intended to "outperform" their respective indexes. They have higher fees and [spoiler alert] have been underperforming their indexes.
by GreendaleCC
Sun Aug 23, 2020 10:31 pm
Forum: Personal Investments
Topic: Rollover my 401k or not?
Replies: 16
Views: 979

Re: Rollover my 401k or not?

Always roll them over doesn't matter the situation. No matter how good the old one is you can't add new money so there's very little point unless your making so much money you can't invest it all and then, well I'm jelly. If the old one sucks more that's just cake. I disagree. If the previous plan ...
by GreendaleCC
Sun Aug 23, 2020 7:17 pm
Forum: Personal Investments
Topic: Rollover my 401k or not?
Replies: 16
Views: 979

Re: Rollover my 401k or not?

NJ_Bogler wrote: Sun Aug 23, 2020 7:09 pm
anon_investor wrote: Sun Aug 23, 2020 7:07 pm No brainer to rollover to your new 401k. Get started on the paperwork asap!!!
This is the correct answer.
You got my vote
by GreendaleCC
Sun Aug 23, 2020 7:09 pm
Forum: Personal Investments
Topic: Am I eligible to contribute to my Roth 401k
Replies: 20
Views: 667

Re: Am I eligible to contribute to my Roth 401k

Perhaps you can share with us how much and what type(s) of contributions you've made. I don't necessarily believe any additional information is pertinent aside what I wrote in the OP +1 For reference, "The Finance Buff" wrote a guide on his experience setting up a solo 401k custom plan that allowed...
by GreendaleCC
Sun Aug 23, 2020 6:29 pm
Forum: Personal Investments
Topic: Am I eligible to contribute to my Roth 401k
Replies: 20
Views: 667

Re: Am I eligible to contribute to my Roth 401k

$19,500 of contributions are the Employee salary deferral, the remainder ($29,895) is the employer profit share. Thank you for the reply. The $19,500 already contributed to the 401k is why you cannot contribute to the Roth 401K. You should have funded the Roth 401k and used the regular 401K for the...
by GreendaleCC
Sun Aug 23, 2020 5:05 pm
Forum: Personal Investments
Topic: Am I eligible to contribute to my Roth 401k
Replies: 20
Views: 667

Re: Am I eligible to contribute to my Roth 401k

Can you tell us more about having both 1099 and W2 income? Are both types of income coming from your sole proprietorship?
by GreendaleCC
Thu Aug 20, 2020 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: BoA Premium Rewards status
Replies: 61
Views: 3471

Re: BoA Premium Rewards status

This is correct. We had $100K+ in a BoA Money Market account earning near 0 interest and moved it to a HYSA. Our Platinum Honors status lasted for 12 months from the date the balance dropped, during which time they send us frequent emails reminding us to bring the balance up or we would lose our st...
by GreendaleCC
Sat Aug 15, 2020 7:30 pm
Forum: Personal Investments
Topic: Consolidating tax-deferred accounts - advice requested
Replies: 7
Views: 696

Re: Consolidating tax-deferred accounts - advice requested

petulant wrote: Sat Aug 08, 2020 9:35 am Does old 403(b) accept incoming rollovers when you are no longer working there?
Good news, I can still rollover outside funds into the 3% guaranteed account.
by GreendaleCC
Sat Aug 08, 2020 11:02 am
Forum: Personal Investments
Topic: Consolidating tax-deferred accounts - advice requested
Replies: 7
Views: 696

Re: Consolidating tax-deferred accounts - advice requested

Thanks, at the end of the day, I will have to reconfirm my current situation with TIAA. Thankfully, I've been able to add funds from outside the plan to Traditional post-employment previously. However, the GSRA contract (3% guaranteed) shut down in exchange for a new RCP one - allegedly as a better ...
by GreendaleCC
Sat Aug 08, 2020 9:26 am
Forum: Personal Investments
Topic: Consolidating tax-deferred accounts - advice requested
Replies: 7
Views: 696

Re: Consolidating tax-deferred accounts - advice requested

Thanks for the feedback! To be clear, the options available across all three plans are an embarrassment of riches. Partial selections below: Current Fidelity 401k Fidelity 500 Index Fund: 0.02% Fidelity US Bond Index Fund: 0.025% Fidelity International Index Fund: 0.035% Fidelity Emerging Markets In...
by GreendaleCC
Fri Aug 07, 2020 9:53 pm
Forum: Personal Investments
Topic: Consolidating tax-deferred accounts - advice requested
Replies: 7
Views: 696

Consolidating tax-deferred accounts - advice requested

BH friends, please help me doublecheck whether I'm overlooking anything. Yes, I know this is somewhat subjective... Question: How would you consolidate these accounts? Here's the lay of the land: Current 401k: at Fidelity; no self-directed option, good BH investment choices; annual admin fee estimat...
by GreendaleCC
Sun Jul 19, 2020 5:00 pm
Forum: Personal Investments
Topic: Please check my 529 strategy
Replies: 16
Views: 1588

Re: Please check my 529 strategy

Since 529s don't cover all expenses (such as health insurance, transportation, food, etc) Please revisit eligible expenses. IRS Pub 970 is gold. Food (i.e., the board in “room and board”) is eligible. UC Berkeley automatically assesses its student health insurance fee - sounds like a fee that’s “re...
by GreendaleCC
Thu Jul 09, 2020 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: How Much Does a Car Salesperson Make on a New Car Sale?
Replies: 102
Views: 11577

Re: How Much Does a Car Salesperson Make on a New Car Sale?

FWIW, if you're buying a car from a salesperson on the showroom floor, there's a good chance you're a low-information car buyer. A savvy shopper knows that a dealer's showroom salespeople are performers, while its internet salespeople are "price givers." Check out Why the Internet Makes Buying a Car...
by GreendaleCC
Fri Jul 03, 2020 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: Amex Shop Small Online Shops
Replies: 37
Views: 3278

Re: Amex Shop Small Online Shops

Amex’s Shop Small map lists businesses that DO NOT accept Amex. After adding this promotion to our cards yesterday, we went to one of them for a takeout dinner... Are you sure? It's possible that the business accepts Amex but prefers not to. Me: Do you take Amex? Shopkeeper: No. This was at a taco ...
by GreendaleCC
Fri Jul 03, 2020 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Amex Shop Small Online Shops
Replies: 37
Views: 3278

Re: Amex Shop Small Online Shops

Amex’s Shop Small map lists businesses that DO NOT accept Amex. After adding this promotion to our cards yesterday, we went to one of them for a takeout dinner...
by GreendaleCC
Sun Jun 28, 2020 11:53 am
Forum: Personal Investments
Topic: I want to leave Raymond James -- Please help me decide where to go.
Replies: 62
Views: 3337

Re: I want to leave Raymond James -- Please help me decide where to go.

Cranberry44 wrote: Sun Jun 28, 2020 9:59 am Con: I’m concerned about not being able to invest in vanguard ETFs at Fidelity without paying a fee for each purchase.
Just to echo others here, ETF trades are free at Fidelity.
by GreendaleCC
Thu Jun 25, 2020 4:45 pm
Forum: Personal Investments
Topic: High interest savings account
Replies: 28
Views: 3851

Re: High interest savings account

nalor511 wrote: Thu Jun 04, 2020 6:13 pm Alliant dropped to .9% today ☹
This was a huge bummer.
by GreendaleCC
Sat May 23, 2020 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Should I go to grad school?
Replies: 24
Views: 1731

Re: Should I go to grad school?

To the degree that it's applicable to your role/field within IT, have you considered devoting the study time (and less money) to getting certified in the cloud platform of your choice (AWS, GCP, Azure) as an alternative to the master's degree?
by GreendaleCC
Fri May 15, 2020 5:59 pm
Forum: Personal Investments
Topic: Can I open 2 529 plans in different states with me as the owner and my son as the beneficiary on both of them?
Replies: 12
Views: 976

Re: Can I open 2 529 plans in different states with me as the owner and my son as the beneficiary on both of them?

The thinking is that I would be the owner of both the accounts, and my son would be the beneficiary on both of these plans. Is this allowed? Yes. When the time comes, would I need to 'roll over' the money from one of the 529 plans into another one to consolidate distributions from only one account ...
by GreendaleCC
Mon May 11, 2020 4:34 pm
Forum: Personal Finance (Not Investing)
Topic: High Income, next financial move?
Replies: 31
Views: 3254

Re: High Income, next financial move?

Thank you for the detailed introduction to ESOPs. There are some rules in our state regarding who is allowed to have an ownership interest in this type of business. While many of our employees qualify, some do not. I can't be the only one dying to know what type of business this is. Any chance you ...
by GreendaleCC
Sat May 09, 2020 6:23 pm
Forum: Personal Finance (Not Investing)
Topic: High Income, next financial move?
Replies: 31
Views: 3254

Re: High Income, next financial move?

Thank you for the detailed introduction to ESOPs. There are some rules in our state regarding who is allowed to have an ownership interest in this type of business. While many of our employees qualify, some do not. I can't be the only one dying to know what type of business this is. Any chance you ...
by GreendaleCC
Sat May 09, 2020 6:13 pm
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 13801

Re: Will work from home destroy the commercial real estate market?

market timer wrote: Sat May 09, 2020 4:34 am I am very much enjoying work-from-home. When I'm eventually asked to return to the office, I'm going to propose a pay cut in exchange for permanent WFH flexibility. If this request is not accepted, I might just quit.
Why not just propose WFH flexibility without a pay cut?