Search found 417 matches

by pteam
Thu Dec 18, 2014 7:48 pm
Forum: Investing - Help with Personal Investments
Topic: solo 401k
Replies: 29
Views: 3356

Re: solo 401k

We setup a second company where my wife is the owner but didn't funnel any income to it yet. We work on the internet so we can decide which company gets paid. The first company I am the only owner but could she get a solo 401k contribution as a spouse as it's an account that we own setup thru fideli...
by pteam
Wed Dec 17, 2014 9:51 pm
Forum: Investing - Help with Personal Investments
Topic: solo 401k
Replies: 29
Views: 3356

Re: solo 401k

Guys I have already contributed the max to my solo 401k. Is there a way to have my wife also contribute max / another $52k for this year? Were both "employed" by the company we own. Is this as a spouse contribution or an "employee" ? Thanks for your help!
by pteam
Sun Jul 13, 2014 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: mom wants to "sell" me her condo for estate planning
Replies: 23
Views: 3652

Re: mom wants to "sell" me her condo for estate planning

You should take the house. Maybe have her sell it to you for $1 or something. My father in law's mother just had to sell her house and all her assets to pay for her nursing home costs and it has essentially spent all of her assets down to nothing included what was a paid off home. If the home was i...
by pteam
Sun Jul 13, 2014 12:35 am
Forum: Personal Finance (Not Investing)
Topic: mom wants to "sell" me her condo for estate planning
Replies: 23
Views: 3652

Re: mom wants to "sell" me her condo for estate planning

You should take the house. Maybe have her sell it to you for $1 or something. My father in law's mother just had to sell her house and all her assets to pay for her nursing home costs and it has essentially spent all of her assets down to nothing included what was a paid off home. If the home was in...
by pteam
Thu Jul 10, 2014 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Delaying SS while working past age 70
Replies: 135
Views: 12501

Re: Delaying SS while working past age 70

The real question is: if they earned past the max taxable amount for SS each year, why are they working into their 70s? :oops:
by pteam
Tue Jul 01, 2014 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage: Variable 7 vs Fixed 30.
Replies: 47
Views: 5007

Re: Mortgage: Variable 7 vs Fixed 30.

Auream wrote:Well, there's also the third school of thought, led by people like LeeMKE, who just fundamentally don't understand the math and think that pre-paying a 3% loan gives you a 51% APY return.


Haha that was too funny!
by pteam
Mon Jun 30, 2014 1:45 pm
Forum: Personal Consumer Issues
Topic: The Millionaire Next Door: Are You One?
Replies: 187
Views: 28698

Re: The Millionaire Next Door: Are You One?

To be the counterpoint, once you've won the game and you have a plethora of money, if you don't spend it your wasting it. You only have one life to live and you should spend your money accordingly on the things that you will enjoy possibly like traveling, a New house etc etc
by pteam
Mon Jun 23, 2014 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: Reducing Expenses for Future Family
Replies: 77
Views: 5013

Re: Reducing Expenses for Future Family

Nice thing we did lately was switch to airvoice wireless / AT&T mvno for $10 a month each and wifi only for cell phones saves us $1700 a year
by pteam
Mon Jun 23, 2014 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Reducing Expenses for Future Family
Replies: 77
Views: 5013

Re: Reducing Expenses for Future Family

And I'll say what has been said between the lines from just about every person in this thread: Working2notWork, your working has just been extended by many many years and as said above now you get to cut out all entertainment and dining out :shock:
by pteam
Sat Jun 14, 2014 6:17 pm
Forum: Personal Consumer Issues
Topic: What smartphone plan do you use?- off contract
Replies: 100
Views: 8354

Re: What smartphone plan do you use?- off contract

My wife and I and both of our families all use airvoice wireless $10 a month plans and love it. Airvoice uses at&t's network. I'm an internet guy and it just takes a little adjustment to getting used to wifi only data for you phone, but there's wifi almost everywhere and for the few times there ...
by pteam
Fri Jun 13, 2014 9:47 pm
Forum: Personal Finance (Not Investing)
Topic: I cannot make the jump and retire
Replies: 97
Views: 17978

Re: I cannot make the jump and retire

I agree , take a long vacation. then see how you feel

If you want more info from us tell us your assets, and your expenses, and your plans.
by pteam
Tue May 27, 2014 6:09 pm
Forum: Personal Consumer Issues
Topic: Hawaii for winter
Replies: 10
Views: 2809

Re: Hawaii for winter

Some good ideas so far, thanks everyone
by pteam
Sat May 24, 2014 3:45 pm
Forum: Personal Consumer Issues
Topic: Hawaii for winter
Replies: 10
Views: 2809

Re: Hawaii for winter

Thanks we definitely want to be in a warm part of the island and are very familiar with the Waikoloa area. For car rentals just goto the local car rental places, or is there a cheaper way to do it since it's a longer period of time, 2-3 months. Also for surfing and biking would it be better to rent ...
by pteam
Thu May 22, 2014 10:59 pm
Forum: Personal Consumer Issues
Topic: Hawaii for winter
Replies: 10
Views: 2809

Hawaii for winter

My wife and I (no kids) are going to do hawaii for this winter thinking 2 or 3 months. We prefer the Waikoloa area on the big island. Couple questions for those who might have done this: Thinking of renting a home from vrbo or homeaway for jan-February or jan - March . Suggestions or a better option...
by pteam
Sat May 03, 2014 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Am I On the Right Track?
Replies: 2
Views: 488

Re: Am I On the Right Track?

You should list how much is in your portfolio, and how much debt and cc debt you have. First thing is to probably pay off your cc debt which gives a guaranteed 6% return. Also nobody knows what will happen in the future , so having more stocks or more bonds could perform better. There was almost a 1...
by pteam
Mon Apr 14, 2014 11:47 pm
Forum: Investing - Help with Personal Investments
Topic: Save for 25 years = $1million?
Replies: 22
Views: 4937

Re: Save for 25 years = $1million?

Here is an interesting story:

Save $10 a week = $10 million - http://beginnersinvest.about.com/od/div ... arable.htm

Here is another one save $10 a day and invest = $1 million - http://www.canadianliving.com/relations ... yths_3.php
by pteam
Mon Apr 14, 2014 11:24 am
Forum: Investing - Help with Personal Investments
Topic: solo 401k
Replies: 29
Views: 3356

Re: solo 401k

It's our actual company that pays us thru 1099. In the past our company just paid us thru 1099. But now that we setup solo 401k we have to make changes.
by pteam
Mon Apr 14, 2014 10:32 am
Forum: Investing - Help with Personal Investments
Topic: solo 401k
Replies: 29
Views: 3356

Re: solo 401k

Also what would change if half my salary is w2 and half is 1099 consultant? I could change things around if needed.
by pteam
Mon Apr 14, 2014 1:14 am
Forum: Investing - Help with Personal Investments
Topic: solo 401k
Replies: 29
Views: 3356

Re: solo 401k

Ok I'm looking into this. Thank you for your help Is the business "profit" before the 401k money is subtracted as an expense? Also our corps are S corps. The calc at m shows I need about $145k each to get to the $52k for 401k, Is that not right? Also if the business has $50k in expenses th...
by pteam
Sun Apr 13, 2014 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: solo 401k
Replies: 29
Views: 3356

solo 401k

I have a solo 401k for my wife and I. I want to max out each 401k to the maximum allowed 52k each for a total of 104k. We have two businesses one for myself that will fund the 200% match, and a different business for my wife which will fund her 200% match. How much income/profit is needed for each c...
by pteam
Fri Apr 11, 2014 2:08 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3976
Views: 1059537

Re: U.S. stocks in freefall

Lol this thread is too funny
by pteam
Thu Apr 10, 2014 12:49 pm
Forum: Investing - Theory, News & General
Topic: What next after you have enough sort of.
Replies: 31
Views: 4137

Re: What next after you have enough sort of.

What to do next? Set your portfolio and then live your life and have fun :)
by pteam
Sat Apr 05, 2014 12:49 am
Forum: Investing - Help with Personal Investments
Topic: How Ignorant am I? 5yr on Job, No 401k. 100K collecting dust
Replies: 41
Views: 6961

Re: How Ignorant am I? 5yr on Job, No 401k. 100K collecting

the good news is most of your friends that are 30 have $0 saved and are maybe even in debt and possibly still living at home... trust me I know plenty who fall in at least 1 or all 3 of those categories at 30. So now your enlightened, better at 30 than at 40. read this forum everyday, and max out yo...
by pteam
Fri Apr 04, 2014 8:39 pm
Forum: Personal Finance (Not Investing)
Topic: I accidentally discovered a coworkers salary... now what?
Replies: 59
Views: 9036

Re: I accidentally discovered a coworkers salary... now what

Start looking for a higher paying job that you can switch to
by pteam
Wed Feb 19, 2014 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: What to Invest in when market is low?
Replies: 24
Views: 1615

Re: What to Invest in when market is low?

If you think the market is going to lose thousands of points than probably bonds or even CDs. If you want to buy stocks that aren't hitting record highs look for sectors that have had slumps recently such as emerging markets.
by pteam
Sun Feb 16, 2014 6:07 pm
Forum: Investing - Help with Personal Investments
Topic: How to invest $1.4 mil inheritance?
Replies: 74
Views: 9785

Re: How to invest $1.4 mil inheritance?

Really big shopping spree?
by pteam
Sun Feb 16, 2014 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: What to do with rental properties in Hawaii?
Replies: 7
Views: 1242

Re: What to do with rental properties in Hawaii?

Just curious, why did you buy them as rentals when they barely cash flow?
by pteam
Sat Feb 01, 2014 7:30 pm
Forum: Personal Consumer Issues
Topic: Cheapest pay-per-use Wifi hotspot (aka "MyFi") - Karma?
Replies: 18
Views: 3180

Re: Cheapest pay-per-use Wifi hotspot (aka "MyFi") - Karma?

Another vote for freedom pop. You get 500 mb a month free in 4g only. If u need 3G it's $3.99 a month which will cover almost all areas.
by pteam
Fri Jan 31, 2014 7:47 pm
Forum: Personal Consumer Issues
Topic: Killer smartphone and monthly plan combo
Replies: 22
Views: 3109

Re: Killer smartphone and monthly plan combo

My wife and I have the $10 a month plan thru airvoice and a few other people we know. We are actually up to $30+ on each of our phones from rollover. We just use wifi everywhere because there is wifi at our home and office and we don't really need to get in the internet on our phones the other 5% of...
by pteam
Fri Jan 31, 2014 2:02 am
Forum: Personal Consumer Issues
Topic: How to get Google Search fixed for my web site??
Replies: 15
Views: 1087

Re: How to get Google Search fixed for my web site??

It's either your site was hacked or you have malware (virus) on your computer. Either way the hack or the malware is redirecting to an ad site.

Easy way to check your computer for virus is scan with a virus scanner, avg free is fine, and then use the program called malware bytes and scan for malware.
by pteam
Mon Jan 13, 2014 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 613
Views: 92536

Re: High Earners - What's Your Profession?

I second investornewb's - Internet entrepreneur with periods of volatility, also sold a business that was internet related but alot of it was offline with employees.
by pteam
Sun Jan 12, 2014 1:22 am
Forum: Personal Finance (Not Investing)
Topic: Anything else I should be doing at age 31?
Replies: 11
Views: 2020

Re: Anything else I should be doing at age 31?

don't worry too much about owning a house vs renting when your young. My example I bought my current home 10 years ago and and I'd be lucky to get exactly the same amount I paid 10 years ago not counting all the property taxes I paid, and replacing appliances and furnaces, etc etc Plus owning ties y...
by pteam
Fri Jan 10, 2014 1:27 am
Forum: Personal Consumer Issues
Topic: Permits for kitchen remodel
Replies: 17
Views: 2065

Re: Permits for kitchen remodel

What exactly do you need permits for in a kitchen remodel? For example if you just do the countertops and the backsplash do you need permits?
by pteam
Mon Jan 06, 2014 4:19 pm
Forum: Personal Consumer Issues
Topic: What does a Bogle TV look like?
Replies: 78
Views: 6488

Re: What does a Bogle TV look like?

60" sharp aquos flat screen LCD bought like 2 years ago on Black Friday for like $699. Probably even cheaper now
by pteam
Sun Dec 29, 2013 2:30 am
Forum: Investing - Help with Personal Investments
Topic: Please Help a 36 Yr Old With $7m+ Portfolio
Replies: 83
Views: 15317

Re: Please Help a 36 Yr Old With $7m+ Portfolio

At 75 basis points on $7m your spending $52k per year just in advisor fees plus probably high expense ratios on your funds, so possibly another $70k or more. You could easily go with a low cost 3 fund boglehead portfolio and save $100k a year or more. Or ditch the advisor and just keep the current h...
by pteam
Sat Dec 28, 2013 3:25 pm
Forum: Personal Consumer Issues
Topic: Preemptive water heater replacement: worth it?
Replies: 64
Views: 12975

Re: Preemptive water heater replacement: worth it?

How about a tankless water heater? They save you a lot of money in heating and don't have a huge tank of water to spill ...
by pteam
Thu Dec 26, 2013 4:24 pm
Forum: Personal Consumer Issues
Topic: iPad Air info please
Replies: 35
Views: 2718

Re: iPad Air info please

I just upgraded to the ipad air. It's amazing and the new size is significantly smaller yet uses the same size screen. Wifi only is what we've had for years and works fine. Also the battery last longer in tests, the battery takes hours less time to charge, and it's a lot faster too. If you had an ol...
by pteam
Thu Dec 12, 2013 6:43 pm
Forum: Personal Consumer Issues
Topic: Traveling Wifi ?
Replies: 31
Views: 3183

Re: Traveling Wifi ?

Checkout www.freedompop.com free 4g wifi after buying the device and 3G is like 3.99 a momth
by pteam
Fri Oct 11, 2013 12:23 pm
Forum: Investing - Theory, News & General
Topic: Vgpmx down 40%, time to buy?
Replies: 36
Views: 8110

Re: Vgpmx down 40%, time to buy?

I'm interested in putting about 2% of my portfolio in vgpmx and 2% in vemax because of its underperformance compared to the s&p. I would rather buy low than high. Although it's only 2% it's still over 5 figures so I thought I'd ask you nice people what your thoughts of it were being down 40%+ an...
by pteam
Thu Oct 10, 2013 2:12 pm
Forum: Investing - Theory, News & General
Topic: Vgpmx down 40%, time to buy?
Replies: 36
Views: 8110

Re: Vgpmx down 40%, time to buy?

Yea the 20 year return is scary because it's down by half over the last two years. The long term results looked bad in 2008 when the whole stock market was down by 50% and that was the best time to buy. The market doubled in a few years
by pteam
Thu Oct 10, 2013 12:18 pm
Forum: Investing - Theory, News & General
Topic: Vgpmx down 40%, time to buy?
Replies: 36
Views: 8110

Vgpmx down 40%, time to buy?

Vgpmx Vanguard precious metals fund is down -40% ytd. Time to buy? What are you guys thoughts/theories?
by pteam
Fri Sep 27, 2013 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Is Bond/Bond Fund investing just a bad idea all around now?
Replies: 40
Views: 4940

Re: Is Bond/Bond Fund investing just a bad idea all around n

And when stocks drop -20% to -40% will you want to sell them to? The point of owning different assets is they balance out your portfolio. Stocks are the most volatile class and could easily drop 10% just next week. Then people will be asking if they shouldn't be in stocks
by pteam
Thu Sep 19, 2013 7:16 pm
Forum: Personal Finance (Not Investing)
Topic: best cash back credit card
Replies: 185
Views: 862936

Re: best cash back credit card

I use a combo of two VISA cards: PenFed Platinum Rewards - 5% Gas, 3% Groceries, 1% all else US Bank Cash Plus - 5% Restaurants, 5% Hotels, 1% all else (can choose 5% categories each quarter) Gas, groceries, and restaurants tend to be my biggest expenses and I'm traveling at the moment so the hotel...
by pteam
Wed Sep 18, 2013 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: $1M Settlement - Lump Sum or Annuity?? Taxable AA???
Replies: 17
Views: 3339

Re: 1M$ Settlement - Lump Sum or Annuity?? Taxable AA???

The problem with most people for lump sums is they can't manage money and they spend it too fast and it won't last 20 years. This is what happens to the majority of lottery winners who choose lump sum.
by pteam
Mon Sep 16, 2013 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: PenFed 5/5 ARM at 2.875%??!!
Replies: 64
Views: 13685

Re: PenFed 5/5 ARM at 2.875%??!!

I think you guys should also look at m if your in a state they service. Current 5/1 arms are 2.79% plus closing costs or 3.1% with only $495 closing costs. They have other plans like a 5/1 10 year payment plan at 2.44%. The best thing about them is after you have the mortgage with them you can pay ...
by pteam
Mon Sep 16, 2013 9:47 pm
Forum: Personal Consumer Issues
Topic: Help me save on my $130 cell phone bill
Replies: 34
Views: 4669

Re: Help me save on my $130 cell phone bill

Here's what we did to save $1700 a year, went from $165 a month to $20 a month for two phones. Cancelled verizon and got m they use at&t's network. Data is expensive on this plan but you won't really need it except in emergencies because your office and home probably have wifi, and all sorts of ...
by pteam
Mon Sep 16, 2013 9:39 pm
Forum: Personal Finance (Not Investing)
Topic: PenFed 5/5 ARM at 2.875%??!!
Replies: 64
Views: 13685

Re: PenFed 5/5 ARM at 2.875%??!!

I think you guys should also look at www.ThirdFederal.com if your in a state they service. Current 5/1 arms are 2.79% plus closing costs or 3.1% with only $495 closing costs. They have other plans like a 5/1 10 year payment plan at 2.44%. The best thing about them is after you have the mortgage with...