Search found 274 matches

by understandingJH
Mon Jul 23, 2018 7:54 pm
Forum: Investing - Help with Personal Investments
Topic: Split 401k 50/50 roth/traditional [new job]?
Replies: 17
Views: 1118

Split 401k 50/50 roth/traditional [new job]?

I recently started a new job that for the first time gives me the option to contribute to both a ROTH and traditional 401k. Should I consider a 50/50 split to diversify my future tax situation? I know the group bias here is to do 100% traditional, but everyone has different circumstances. For me her...
by understandingJH
Wed Jul 18, 2018 5:13 pm
Forum: Personal Finance (Not Investing)
Topic: US citizen living in the US -- remote work for German company. Taxes? Currency? Invoicing? Benefits?
Replies: 7
Views: 825

Re: US citizen living in the US -- remote work for German company. Taxes? Currency? Invoicing? Benefits?

Thanks for the feedback. It turns out this didn't work out. While they would have paid in USD, even asking for 150% more priced me too high relative to the other two candidates they had in the final round. They told me that I would have been a great fit and did the best on the interviews and assesme...
by understandingJH
Fri Jul 13, 2018 3:03 pm
Forum: Personal Consumer Issues
Topic: When does frugal cross the line to cheapskate?
Replies: 136
Views: 10024

Re: When does frugal cross the line to cheapskate?

If your frugality is making someone unhappy, you've crossed the line. That someone could be somebody else ("stingy,") or it could be you ("miserly.") What if that someone else is a spendthrift significant other who makes a comparable amount of money to you. You being frugal means you want to pay $2...
by understandingJH
Fri Jul 13, 2018 2:23 pm
Forum: Personal Finance (Not Investing)
Topic: US citizen living in the US -- remote work for German company. Taxes? Currency? Invoicing? Benefits?
Replies: 7
Views: 825

Re: US citizen living in the US -- remote work for German company. Taxes? Currency? Invoicing? Benefits?

Overall, I wouldn't state to not work for an overseas company -- but if they only pay in Euros then I'd probably walk away because of the significant risk involved (for all the regions you mentioned). I haven't gotten an offer yet, but I did find out they would pay me in USD, invoice monthly, and a...
by understandingJH
Fri Jul 06, 2018 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: Left company, exercise vested options or not?
Replies: 11
Views: 737

Re: Left company, exercise vested options or not?

ETA that as I am posting I see you just posted some more detailed info about their financials and your equity math. I strongly advise you edit your post to remove that ASAP. I would bet that you signed a nondisclosure as party of qualifying for the options. Posting financial info here counts as pub...
by understandingJH
Fri Jul 06, 2018 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Left company, exercise vested options or not?
Replies: 11
Views: 737

Re: Left company, exercise vested options or not?

So I was laid off from a startup going through financial trouble More than likely the startup is worth $0 at this point, also likely is that the startup will cease to exist in a short amount of time. The opposite side of this is IF they get their act together, and get to the point where you could a...
by understandingJH
Fri Jul 06, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Left company, exercise vested options or not?
Replies: 11
Views: 737

Re: Left company, exercise vested options or not?

+1 One thing to check is whether your options have "first right of refusal". Many startups have this. Basically it means, yeah, you can exercise your options and before your check even clears, they write a new check purchasing them back. I've done a couple of startups. Unless I'm a principal, never...
by understandingJH
Fri Jul 06, 2018 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Left company, exercise vested options or not?
Replies: 11
Views: 737

Re: Left company, exercise vested options or not?

Dan Luu has a great writeup of the multitude of ways you can get screwed on options: https://danluu.com/startup-options/ Best of luck with your decision. I think I read that link or a similar analysis ~3 years ago when I started working at my ex-employer. Thanks, I'll take a look. It's why I pushed...
by understandingJH
Fri Jul 06, 2018 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Left company, exercise vested options or not?
Replies: 11
Views: 737

Left company, exercise vested options or not?

So I was laid off from a startup going through financial trouble (I was one of three let go on a nine person team, a couple others left as well on the other team as far as I know). It's a small company with 11-20 employees. I have about 45% of my stock options vested. If exercised they would cost me...
by understandingJH
Fri Jul 06, 2018 11:51 am
Forum: Personal Finance (Not Investing)
Topic: US citizen living in the US -- remote work for German company. Taxes? Currency? Invoicing? Benefits?
Replies: 7
Views: 825

Re: US citizen living in the US -- remote work for German company. Taxes? Currency? Invoicing? Benefits?

Alright so some more research about this option: The value of 401k tax reduction shouldn't really count. As those taxes will eventually be paid. They are worth something for tax-free growth, but I can open an individual 401k or SEP-IRA with vanguard if I am an independent contractor (sole proprietor...
by understandingJH
Fri Jul 06, 2018 12:01 am
Forum: Personal Finance (Not Investing)
Topic: Need full coverage health insurrance for just THIS month only (between jobs) -- can't find it
Replies: 20
Views: 2055

Re: Need full coverage insurrance for just THIS month only (between jobs) -- can't find it

Are you sure Cobra not available from your prior job? Might be worth asking. I plan to call the insurance company tomorrow during business hours and ask if my employer's plan is eligible for COBRA. I doubt it though as the company is small. I don't even know why the law allows for some plans to be ...
by understandingJH
Thu Jul 05, 2018 11:48 pm
Forum: Personal Finance (Not Investing)
Topic: Need full coverage health insurrance for just THIS month only (between jobs) -- can't find it
Replies: 20
Views: 2055

Need full coverage health insurrance for just THIS month only (between jobs) -- can't find it

So I was laid off last month, Insurance ended last day of last month, been too busy job hunting and negotiating. Accepted an offer. Will have coverage August 1st. However, I'm currently not covered and want to be. Called Healthcare.gov and asked how to be covered this month and they told me I can't ...
by understandingJH
Wed Jun 20, 2018 10:42 am
Forum: Personal Finance (Not Investing)
Topic: US citizen living in the US -- remote work for German company. Taxes? Currency? Invoicing? Benefits?
Replies: 7
Views: 825

US citizen living in the US -- remote work for German company. Taxes? Currency? Invoicing? Benefits?

So I'm exploring new job opportunities. All but one are domestic and full-time employee. One opportunity is for a 100% remote position for a German company (the entire team is 100% remote). They mentioned that working as a contractor is the only option. I'm open to the idea but need to know what to ...
by understandingJH
Fri May 04, 2018 12:13 pm
Forum: Investing - Theory, News & General
Topic: Lower expected stock returns means lower expected volatility?
Replies: 28
Views: 2246

Lower expected stock returns means lower expected volatility?

I think the answer to this question is no , but wondered if someone else has thought about this more than me. Historically stocks earned about 7% real, but the latest long term forecasts now put future US stock returns at 3% real ( Forbe's 30 year forecast ). I know others have recently forecasted ...
by understandingJH
Tue Nov 07, 2017 11:37 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth it to graduate 1 semester sooner if it costs MORE?
Replies: 9
Views: 978

Re: Is it worth it to graduate 1 semester sooner if it costs MORE?

You didn't mention if you were married, or married with children. If you are either, ask your wife her feelings as well ... However, if you are stretched to a breaking point, it matters little if you save time, but ultimately burn out. Only you can know the reserves of your body and mind necessary ...
by understandingJH
Tue Nov 07, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Is it worth it to graduate 1 semester sooner if it costs MORE?
Replies: 9
Views: 978

Is it worth it to graduate 1 semester sooner if it costs MORE?

I'm in my 30s working a good paying full time and going to school part time. If I take 2 classes per semester over 3 semesters it would likely cost me $10,010 to finish, but I may receive a $5000 scholarship like I have the past 2 years if it gets renewed. But renewal isn't guaranteed and subject to...
by understandingJH
Fri Aug 25, 2017 12:14 pm
Forum: Investing - Theory, News & General
Topic: Treasury ends myRA program
Replies: 32
Views: 4358

Re: Treasury ends myRA program

Well, this is just great. Now I need to deal with the hassle of transferring an IRA account. I parked $5500 here and expected it to grow for 30 years or to $15,000 which ever happened first as part of my bond allocation as I don't have access to the G fund in any other way. Why offer something for 3...
by understandingJH
Sat Aug 12, 2017 5:30 pm
Forum: Personal Consumer Issues
Topic: Buying a 2017 Mazda 3 new for $15k?
Replies: 25
Views: 4009

Re: Buying a 2017 Mazda 3 new for $15k?

DS bought a M3i with Skyactv, new 2014. Stick. Base model with no backup camera, no GPS, standard sound system. ... Be sure its a Skyactv and no Fastfax. Yep, it's Skyactv. I do wonder how long the ~40MPG (or 155 HP) will last once carbon builds up on the valves since it's direct injected instead o...
by understandingJH
Sat Aug 12, 2017 8:27 am
Forum: Personal Consumer Issues
Topic: Buying a 2017 Mazda 3 new for $15k?
Replies: 25
Views: 4009

Re: Buying a 2017 Mazda 3 new for $15k?

The car dealer offer sounds like the old "bait & switch". They "bait" you with a low price then "switch" to a higher price with all the extras at the time you pick up the car. That may have been the case with one of the dealers I was talking with, but who I ended up buying from, the quoted price wa...
by understandingJH
Fri Aug 11, 2017 7:45 pm
Forum: Personal Consumer Issues
Topic: Buying a 2017 Mazda 3 new for $15k?
Replies: 25
Views: 4009

Re: Buying a 2017 Mazda 3 new for $15k?

That's a great deal. Could it have been an "ad car"? You'd know if you call back in 2 weeks and your sales guy no longer works there. (no, really). I bought a Mazda 6 years ago with about the same MSRP and picked it up for $14.6k. Don't be fooled by the "regulated by the state" doc fee. It's nothin...
by understandingJH
Fri Aug 11, 2017 7:25 pm
Forum: Personal Consumer Issues
Topic: Buying a 2017 Mazda 3 new for $15k?
Replies: 25
Views: 4009

Re: Buying a 2017 Mazda 3 new for $15k?

Well the 2K cash back and 0% APR + 1k APR cash are mutually exclusive. While I could in theory make 1500+ by doing the 1k cash back and putting the money into a 5-year CD, I'd have $1000 less taken off the price in today's dollars and the hassle of dealing with a loan for 5 years (plus a small loan ...
by understandingJH
Fri Aug 11, 2017 2:57 pm
Forum: Personal Consumer Issues
Topic: Buying a 2017 Mazda 3 new for $15k?
Replies: 25
Views: 4009

Re: Buying a 2017 Mazda 3 new for $15k?

thangngo wrote:
aristotelian wrote:Put $14K in a 5 year CD and save yourself another $1500.
^ this assuming OP can utilize his salary for car payments.
Shouldn't be an issue, plus I have an emergency fund large enough to cover the car and the CD. I like this idea. I am also permitted to pay the loan off after 4 months if I want.
by understandingJH
Fri Aug 11, 2017 1:35 pm
Forum: Personal Consumer Issues
Topic: Buying a 2017 Mazda 3 new for $15k?
Replies: 25
Views: 4009

Re: Buying a 2017 Mazda 3 new for $15k?

thangngo wrote: Considering 2018 models are coming, expect some deals and discounts coming.
2018s are already on the lot, so yeah this is already including discounting for that reason I think (both by manufacturer and dealer).
by understandingJH
Fri Aug 11, 2017 12:58 pm
Forum: Personal Consumer Issues
Topic: Buying a 2017 Mazda 3 new for $15k?
Replies: 25
Views: 4009

Buying a 2017 Mazda 3 new for $15k?

So I'm thinking of buying a 2017 Mazda 3 Sport automatic. MSRP is around 20,030. Lowest offer I've gotten is $15.5k This includes $2000 manufacturer cash back, and $1000 APR cash back, plus the rest being a discount given by the dealer. I might be able to stack $500 loyalty discount as well. However...
by understandingJH
Sun Jul 16, 2017 11:21 pm
Forum: Investing - Help with Personal Investments
Topic: What advice to give 21 year old?
Replies: 133
Views: 11655

Re: What advice to give 21 year old?

A new software engineer at a technology company will easily make in excess of $150K per year, not counting benefits and retirement plan contributions and matching, which will, add another $20 k or more. Only for HCOL areas I suppose. In fact, in my LCOL area, $130k seems to be attainable only for t...
by understandingJH
Sat Jul 15, 2017 3:34 pm
Forum: Personal Consumer Issues
Topic: Time replace washer and dryer [back of dryer so hot it burnt me]?
Replies: 21
Views: 2017

Re: When to replace washer and dryer?

If it were me I would look inside to see what is going on. I wouldn't be surprised if the back was hot but I don't know what is normal. Discolored paint doesn't look normal. As to when to replace- I would replace after it breaks and I can't easily fix it. Appliance parts and repair ideas are very e...
by understandingJH
Sat Jul 15, 2017 3:07 pm
Forum: Personal Consumer Issues
Topic: Time replace washer and dryer [back of dryer so hot it burnt me]?
Replies: 21
Views: 2017

Time replace washer and dryer [back of dryer so hot it burnt me]?

My Frigidaire washer and dryer set is about 12 years old. This was just a very basic set purchased for something like $500 for the set new (equiv. to about $700 today after inflation). I haven't had any known issues with them. However, today I'm beginning to be concerned the dyer poses a safety risk...
by understandingJH
Tue Jun 27, 2017 3:59 pm
Forum: Investing - Theory, News & General
Topic: Taxes on I Series Bonds negate purchasing power protection?
Replies: 12
Views: 2147

Taxes on I Series Bonds negate purchasing power protection?

Considering the stated goal of I Series Bonds is to "protect you from inflation" (see link at the bottom of this post), then how exactly do they do this after tax? At least state and local taxes are avoided. Were they originally assumed to have a high enough positive interest rate such that even aft...
by understandingJH
Fri Jun 09, 2017 8:25 am
Forum: Personal Consumer Issues
Topic: Travelling to Jasper, Banff, Lake Louise....few questions
Replies: 4
Views: 827

Re: What avg. temp/weather can we expect in Jasper, Lake Louise area?

Jasper will likely be warmer than Lake Louise. I was there In August and it was in the 70s in Jasper, but snowed overnight in Lake Louise and was in the 40s (but that's probably not the norm). The Lake Louise area is at a higher elevation, so in general it should be cooler. June will likely be colde...
by understandingJH
Thu May 18, 2017 10:07 am
Forum: Investing - Theory, News & General
Topic: Do stocks always go up long term?
Replies: 56
Views: 6679

Re: Do stocks always go up long term?

Piketty goes over such data (mostly from Europe but also from North America) in excruciating detail and his conclusion is that absent wars/ revolutions , capital returns have basically exceeded rate of growth. It is intuitively obvious to me that this result should be true. I think revolution is th...
by understandingJH
Wed May 17, 2017 3:20 pm
Forum: Investing - Theory, News & General
Topic: Do stocks always go up long term?
Replies: 56
Views: 6679

Re: Do stocks always go up long term?

Assume we live in a stable world where there is no growth (population or economy), no increase in profits, no new companies and no new technologies. Even in such a world (which would be pretty bad) if you hold passive mutual funds for the long term, you gain the earnings each year (~5% for US and ~...
by understandingJH
Mon May 01, 2017 3:19 pm
Forum: Investing - Theory, News & General
Topic: R and Data Sets
Replies: 18
Views: 2523

Re: R and Data Sets

Maybe try Data Camp?
by understandingJH
Fri Apr 14, 2017 8:20 am
Forum: Personal Consumer Issues
Topic: Lack of rigor in EdX (and other?) MOOCs?
Replies: 23
Views: 2258

Re: Lack of rigor in EdX (and other?) MOOCs?

It is billed as a "six week course" requiring an effort of "three hours per week," or 18 hours total. Back in 2013 and early 2014 I completed about 10 MOOCs (1 from edX and 9 form Coursera). I think I enrolled in a few more from eDX that I didn't complete. Anyway, of these ten there were a wide ran...
by understandingJH
Mon Mar 27, 2017 1:48 pm
Forum: Investing - Theory, News & General
Topic: Why are international and US stocks down today?
Replies: 53
Views: 4632

Re: Why are international and US stocks down today?

I understand how volatile the market is both in the short and long term so I fully accept that this could happen (or worse) after investing a chunk into the market. Still, I find this behavior odd and irrational. Do you only find it "odd and irrational" when the markets go down? Or does it work bot...
by understandingJH
Mon Mar 27, 2017 10:18 am
Forum: Investing - Theory, News & General
Topic: Why are international and US stocks down today?
Replies: 53
Views: 4632

Re: Why are international and US stocks down today?

fantasytensai wrote:Silly, the market obviously went down because you made your annual IRA contributions :P
The pessimist in me always assumes this will happen :)
by understandingJH
Mon Mar 27, 2017 9:40 am
Forum: Investing - Theory, News & General
Topic: Why are international and US stocks down today?
Replies: 53
Views: 4632

Re: Why are international and US stocks down today?

Notice that I didn't state that macro-level or long-term changes have no effect: that would be silly of me to say! Instead I stated you do not need to go to that level to explain the stock price increase. Fair enough, especially since I asked about why stocks are down today (which is a short term t...
by understandingJH
Mon Mar 27, 2017 9:35 am
Forum: Investing - Theory, News & General
Topic: Why are international and US stocks down today?
Replies: 53
Views: 4632

Re: Why are international and US stocks down today?

I'm trying to understand better why markets behave the way they do, even if this is just noise. And why is what happened even considered "bad news?" Trying to understand the movement of a single stock is like understanding the behavior of a toddler. You can often spin a narrative that explains thei...
by understandingJH
Mon Mar 27, 2017 9:24 am
Forum: Investing - Theory, News & General
Topic: Why are international and US stocks down today?
Replies: 53
Views: 4632

Re: Why are international and US stocks down today?

I'll second what alfaspider said in general, but the logic today is that Trump and Congress's inability to pass health care reform puts the rest of their agenda in jeopardy, and that includes the massive tax cuts they've been talking about. Those (particularly corporate tax cuts) are a big part of ...
by understandingJH
Mon Mar 27, 2017 9:17 am
Forum: Investing - Theory, News & General
Topic: Why are international and US stocks down today?
Replies: 53
Views: 4632

Re: Why are international and US stocks down today?

Myopic Loss Aversion, to which we are all subject to one degree or another. Perhaps the following will prove instructive: https://faculty.chicagobooth.edu/Richard.Thaler/research/pdf/The%20Effect%20of%20Myopia%20and%20Loss%20Aversion%20on%20Risk%20Taking%20An%20Experimental%20Test.pdf Lev Thanks Le...
by understandingJH
Mon Mar 27, 2017 9:10 am
Forum: Investing - Theory, News & General
Topic: Why are international and US stocks down today?
Replies: 53
Views: 4632

Re: Why are international and US stocks down today?

I think it has to do the that escalator in Hong Kong that went the wrong way. Just like bird flu apparently it's contagious. Yep that's why to me this seems like a non sequitur (the stated "reason"). Or is some how international markets affects by US domestic politics on healthcare, infrastructure,...
by understandingJH
Mon Mar 27, 2017 9:08 am
Forum: Investing - Theory, News & General
Topic: Why are international and US stocks down today?
Replies: 53
Views: 4632

Re: Why are international and US stocks down today?

I'll second what alfaspider said in general, but the logic today is that Trump and Congress's inability to pass health care reform puts the rest of their agenda in jeopardy, and that includes the massive tax cuts they've been talking about. Those (particularly corporate tax cuts) are a big part of ...
by understandingJH
Mon Mar 27, 2017 8:42 am
Forum: Investing - Theory, News & General
Topic: Why are international and US stocks down today?
Replies: 53
Views: 4632

Why are international and US stocks down today?

I just made my annual IRA contribution on Friday. I don't time contributions, I just make 1 annual order when I find the time before April 15. Anyway, this morning I see stocks are looking to be down around 1% so far because of what seems to me to me to be a non sequitur. The insinuated correlative ...
by understandingJH
Tue Mar 21, 2017 10:55 am
Forum: Investing - Theory, News & General
Topic: Challenge: Oldest BOND FUND in Morningstar?
Replies: 45
Views: 20455

Re: Challenge: Oldest BOND FUND in Morningstar?

The fund does not behave as expected, which is one of the reasons I posted it. It shows almost no change in annual return between the periods before and after 1981. I don't know for sure what they were investing in or why we see this surprising result. However, comparing the fund's growth chart to ...
by understandingJH
Mon Dec 12, 2016 11:16 pm
Forum: Personal Finance (Not Investing)
Topic: HSA annual out-of-pocket, date of service or date paid?
Replies: 6
Views: 1290

Re: HSA annual out-of-pocket, date of service or date paid?

Reimbursement is based on when paid not when service/product provided. I found this IRS notice to be helpful. Look at Q&A 39 to see if that helps. https://www.irs.gov/irb/2004-33_IRB/ar08.html That's about reimbursement, I'm curious about what calendar year insurance companies count the payment of ...
by understandingJH
Mon Dec 12, 2016 11:11 am
Forum: Personal Finance (Not Investing)
Topic: HSA annual out-of-pocket, date of service or date paid?
Replies: 6
Views: 1290

HSA annual out-of-pocket, date of service or date paid?

After searching via google I can't find the answer to my question so I thought I'd ask here. If you have medical services performed in the last couple months of the year and the bill for the services doesn't come until the following year (and thus you don't pay for it until the following year). Whic...
by understandingJH
Wed Jul 27, 2016 8:46 am
Forum: Investing - Help with Personal Investments
Topic: Feelings changing about AA as annual savings amount increases?
Replies: 28
Views: 3383

Re: Feelings changing about AA as annual savings amount increases?

Why must my concern be interpreted that I am a doomsday preparer? I think you are missing the point of some of the above responses. To be clear on how I read things: I don't assume you are a doomsday prepper, but wonder why, given your list of concerns, you apparently are not. Investing in (or maki...
by understandingJH
Wed Jul 27, 2016 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Feelings changing about AA as annual savings amount increases?
Replies: 28
Views: 3383

Re: Feelings changing about AA as annual savings amount increases?

Here's what I suggest after reading the additional posts. 1) Separate the question of what to do about the future of the world from your AA. 2) For the AA, I think you should put everything in a target date fund, in each account. You are too erratic and prone to over thinking to manage your AA dire...
by understandingJH
Mon Jul 25, 2016 9:56 pm
Forum: Investing - Help with Personal Investments
Topic: Feelings changing about AA as annual savings amount increases?
Replies: 28
Views: 3383

Re: Feelings changing about AA as annual savings amount increases?

This might help give an idea of my background: Emergency funds: ~12 months (8% iBonds, 92% Cash @ 1% and 1.5%) Debt: $0 Tax Filing Status: Single Tax Rate: 25% Federal, 4% State Age: 33 Current Asset allocation: 58% stocks / 42% bonds Original Target Asset allocation: 80% stocks / 20% bonds Original...
by understandingJH
Mon Jul 25, 2016 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: Feelings changing about AA as annual savings amount increases?
Replies: 28
Views: 3383

Re: Feelings changing about AA as annual savings amount increases?

You're right it doesn't matter at that point (essentially extinction or collapse). I hope that can be avoided. Why must my concern be interpreted that I am a doomsday preparer? I am somewhat cynical and understand your feelings. I see income inequality growing and opportunities decreasing. I think ...