Search found 666 matches

by supersharpie
Tue May 14, 2019 7:10 pm
Forum: Personal Finance (Not Investing)
Topic: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?
Replies: 58
Views: 3982

Re: I really do not like using credit cards. Do any of you have a good credit score with no credit cards?

If so could you name what kind of loans you do have? I have three personal loans and wonder if this is enough. You are turning away free money by not using credit cards. Most likely someone you know got into credit card debt so you think they are bad. On the contrary, as long as you purchase the sa...
by supersharpie
Fri May 10, 2019 9:49 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Disability: Fibromyalgia
Replies: 31
Views: 3435

Re: Social Security Disability: Fibromyalgia

I have often heard that disability benefits my be refused the first or second time no matter what the diagnosis. This may require several attempts. Like so many things you often hear about Social Security, such as that it won't be there for future generations, this is erroneous. 36% of disability c...
by supersharpie
Tue May 07, 2019 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Walk away from my auto lease?
Replies: 154
Views: 7339

Re: Walk away from my auto lease?

This whole thing smells. You're telling us the transmission blew up at 5,000 miles and the manufacturer won't honor the warranty and now you're going to swallow the loss and continue with the lease? Is there something you're not telling us? Was this car used for drag racing, running off road or som...
by supersharpie
Sat May 04, 2019 11:04 am
Forum: Investing - Theory, News & General
Topic: How and when did you do it - to get to 1 Million
Replies: 130
Views: 27023

Re: How and when did you do it - to get to 1 Million

1) Marry a frugal woman 2) Live below your means 3) Anytime you get an increase in your income or a unexpected windfall automatically allocate 25% (or more if possible) of the increase to your investments 4) Plus everything else that has been mentioned !!! Marrying a frugal partner is so key. My wi...
by supersharpie
Thu May 02, 2019 9:28 am
Forum: Personal Consumer Issues
Topic: Babymoon?
Replies: 36
Views: 2779

Re: Babymoon?

Why not just take your one last big trip and THEN try to get pregnant?

Seems like you would both have more fun that way!
by supersharpie
Thu May 02, 2019 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Giving two week's notice before stock options vest
Replies: 91
Views: 5480

Re: Giving two week's notice before stock options vest

I am leaving my current tech job to move to another tech job and am in an unfortunate position where the new company wants me to start ASAP, but i have options vesting at my current company the Wednesday before my new job starts (on a Monday). Details are: -my current job is in a “right to work” st...
by supersharpie
Wed May 01, 2019 10:52 am
Forum: Personal Consumer Issues
Topic: Best electric cordless lawn mower for medium sized yard?
Replies: 40
Views: 2328

Re: Best electric cordless lawn mower for medium sized yard?

I bought the 80V Kobalt self propelled unit last Fall on clearance at Lowes. It is working very well, and I definitely t hink the self propelled is worth it, otherwise it is a fairly heavy mower to push. I was glad to get rid of my 4 hp gas mower when it wouldn't start, I did not want to pay for mo...
by supersharpie
Wed May 01, 2019 9:16 am
Forum: Personal Finance (Not Investing)
Topic: Unable to create account on ssa.gov
Replies: 15
Views: 1104

Re: Unable to create account on ssa.gov

Keep in mind that if you don't create your account, it is conceivable someone else could. That's why it is important for everyone aged 18 to 100+ to either create an account OR call the help desk and place a block on their electronic access. Please share that info with people you care about, especia...
by supersharpie
Wed May 01, 2019 8:42 am
Forum: Investing - Theory, News & General
Topic: "The market is overvalued"
Replies: 90
Views: 6960

Re: "The market is overvalued"

You do realize that 1996 was the year Alan Greenspan gave his famous "irrational exuberance" speech, right? The market was overvalued then. Just like in 1996 the market is overvalued now, but it can get more overvalued. However, look at the 12 years following 1996 as a whole, it wasn't that product...
by supersharpie
Wed May 01, 2019 6:32 am
Forum: Personal Finance (Not Investing)
Topic: PSA: HDHPs/HSAs and Medicare
Replies: 0
Views: 184

PSA: HDHPs/HSAs and Medicare

For those of you who don't already know, once you are enrolled in Medicare Part A both you and your employer must cease contributing to your HSA. Once you sign up for any form of Social Security benefits, Medicare Part A enrollment is compulsory. For those of you who apply for Social Security prior ...
by supersharpie
Wed May 01, 2019 6:13 am
Forum: Personal Finance (Not Investing)
Topic: Another PPO vs. HDHP thread...
Replies: 14
Views: 838

Re: Another PPO vs. HDHP thread...

That is one hideous HDHP.

Stick with the PPO.
by supersharpie
Tue Apr 30, 2019 2:30 pm
Forum: Personal Investments
Topic: Buying a home w/cash vs taking a mortgage and investing
Replies: 39
Views: 4440

Re: Buying a home w/cash vs taking a mortgage and investing

2. Live in a short term rental home/apt while making any necessary renovations, staging the house, and eventually selling the home. Given these factors, what would be the most financially savvy move? It would be more financially savvy to continue living in the home while you are preparing it for sa...
by supersharpie
Mon Apr 29, 2019 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: Retirees: I'm not going to run out
Replies: 62
Views: 8498

Re: Retirees: I'm not going to run out

It's impossible to "run out of money" thanks to Social Security.
by supersharpie
Sun Apr 28, 2019 10:27 pm
Forum: Personal Investments
Topic: Buying a home w/cash vs taking a mortgage and investing
Replies: 39
Views: 4440

Buying a home w/cash vs taking a mortgage and investing

Wife and I are thinking of selling our home and downsizing next year. Our plan is to: 1. Get the house in tip top shape. 2. Live in a short term rental home/apt while making any necessary renovations, staging the house, and eventually selling the home. 3. See, after taxes and commission, what we net...
by supersharpie
Sun Apr 28, 2019 12:49 pm
Forum: Personal Consumer Issues
Topic: Best electric cordless lawn mower for medium sized yard?
Replies: 40
Views: 2328

Re: Best electric cordless lawn mower for medium sized yard?

you might look at the Kobalt mowers at Lowe's. they are a Lowe's brand product so if you have any problem with them Lowes has to deal with it, versus sending you off somewhere else, mailing in the mower, etc. they have 40V and 80V options I bought the 80V last year. Had a wheel go bad which they re...
by supersharpie
Sun Apr 28, 2019 11:42 am
Forum: Personal Consumer Issues
Topic: Best electric cordless lawn mower for medium sized yard?
Replies: 40
Views: 2328

Best electric cordless lawn mower for medium sized yard?

I am finished with using gas mowers and understand that the newest generation of electric mowers are just as effective. My yard is approximately a quarter acre and I would want a large capacity battery in order to finish the job in a single charge.

Any recommendations?
by supersharpie
Wed Mar 13, 2019 9:45 am
Forum: Personal Investments
Topic: Can't see retiring without 15x-30x fixed income
Replies: 217
Views: 15557

Re: Can't see retiring without 15x-30x fixed income

Why would you give up 8-10 hours of precious, limited free time in exchange for money you don't need? If you love your job and prefer focusing on that than other pursuits, all the more power to you. However, if there are other things you would prefer doing 8-10 hours a day than your job, and you are...
by supersharpie
Tue Mar 12, 2019 9:18 pm
Forum: Personal Investments
Topic: Can't see retiring without 15x-30x fixed income
Replies: 217
Views: 15557

Re: Can't see retiring without 15x-30x fixed income

OP, There is a risk of working longer than necessary. Then, you may not have enough healthy years to live your life. In that situation, you do not get a chance to do it over. Your life your choice. KlangFool This. So many people miss the forest for the trees when approaching retirement planning. Ti...
by supersharpie
Fri Mar 08, 2019 8:12 am
Forum: Personal Finance (Not Investing)
Topic: Are my parents' finances a disaster waiting to happen? Seeking advice.
Replies: 105
Views: 10663

Re: Are my parents' finances a disaster waiting to happen? Seeking advice.

People think this is OK? Maybe I’m crazy but these folks are headed for disaster. They are up to their necks in debt, don’t seem to live within their means ( red flags! paid off CC debt from inheritance and still owe big $$$ on car and home ). I see more credit card debt a coming down the road. How...
by supersharpie
Fri Mar 08, 2019 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Are my parents' finances a disaster waiting to happen? Seeking advice.
Replies: 105
Views: 10663

Re: Are my parents' finances a disaster waiting to happen? Seeking advice.

If dad is going to end up in a Medicaid facility, what's the point in saving?

Better for them to enjoy the $$$ now than hand it over to the facility.
by supersharpie
Fri Mar 01, 2019 10:12 am
Forum: Personal Investments
Topic: Lesson learned about stock picking
Replies: 5
Views: 448

Re: Lesson learned about stock picking

Im curious what was your rational for choosing this particular drug stock? What is the "market cap" for that type of cancer drug? Why did you think this one was going to be successful? What was your exit strategy? 2X to 10X is a huge range, what would have made you sell at 2X vs going for 10X? Hone...
by supersharpie
Fri Mar 01, 2019 9:12 am
Forum: Personal Investments
Topic: Lesson learned about stock picking
Replies: 5
Views: 448

Lesson learned about stock picking

I have stuck to Boglehead principles since I started investing around 10 years ago. However, last year I opened a Robinhood account, hoping to have a little fun with trying my hand at stock picking. Initially I did ok, not really profiting but not losing much either. Then about a week ago I decided ...
by supersharpie
Tue Feb 26, 2019 7:47 am
Forum: Non-US Investing
Topic: social security
Replies: 3
Views: 617

Re: social security

Background. Prior to reunification, the West German government provided funding for some allied (US, UK, and French) activities in West Berlin. One of which was the American Child Care Facility where I was working. I was paid in the local currency, German Deutsche Marks at the time. I worked long e...
by supersharpie
Fri Feb 01, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you keep in checking?
Replies: 135
Views: 10621

Re: How much do you keep in checking?

10k, which is between two and three months expenses. We treat this balance as our emergency fund.
by supersharpie
Fri Feb 01, 2019 2:20 pm
Forum: Personal Investments
Topic: Taxable Investing 101?
Replies: 3
Views: 356

Taxable Investing 101?

Looking for some assistance. My wife and I are both 35 and have been maxing out our 401ks and Roth IRAs for quite some time and have amassed slightly over 500k in retirement savings. Over the past few months we finished paying off both our cars and the remainder of our student loans, so for the firs...
by supersharpie
Thu Jan 24, 2019 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed: wife seeking new job to escape megacorp hell
Replies: 58
Views: 5679

Re: Help needed: wife seeking new job to escape megacorp hell

Your wife's situation is: company was mildly unfair to her at the start of her career when she accepted a role a level below she was promised, she didn't stand up for herself and/or wasn't willing to move to get what she wanted, she turned down the management role the company offered because it was...
by supersharpie
Wed Jan 23, 2019 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed: wife seeking new job to escape megacorp hell
Replies: 58
Views: 5679

Re: Help needed: wife seeking new job to escape megacorp hell

I highly recommend the Ask a Manager site, https://www.askamanager.org/ . Besides just being fantastic reading for hilarious and horrifying work stories, Alison Green gives great advice about job searching, resumes, cover letters, networking, interviewing, dealing with difficult bosses and coworker...
by supersharpie
Wed Jan 23, 2019 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Help needed: wife seeking new job to escape megacorp hell
Replies: 58
Views: 5679

Re: Help needed: wife seeking new job to escape megacorp hell

One of the tagwords in tech right now is "customer success". Anybody who has customer-facing roles should have this in their job title or include it somewhere in their resume. My wife works in IT data security, technically her job title is customer success manager, but she's a salesperson. She does...
by supersharpie
Wed Jan 23, 2019 6:34 am
Forum: Personal Finance (Not Investing)
Topic: Help needed: wife seeking new job to escape megacorp hell
Replies: 58
Views: 5679

Re: Help needed: wife seeking new job to escape megacorp hell

Thanks all, there is much to digest here but certainly some common themes that run through your responses. We will start working on a game plan this weekend.
by supersharpie
Tue Jan 22, 2019 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed: wife seeking new job to escape megacorp hell
Replies: 58
Views: 5679

Re: Help needed: wife seeking new job to escape megacorp hell

My experience is that megacorps suck. Maybe 50 years ago they were awesome, but not today. They keep dangling the carrot... most people bite because they don't want to have to go through the work of finding a new job. Very few people are truly valued in megacorps and it usually involves a lot of br...
by supersharpie
Tue Jan 22, 2019 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed: wife seeking new job to escape megacorp hell
Replies: 58
Views: 5679

Re: Help needed: wife seeking new job to escape megacorp hell

Time to move on. Not much more to be said about that. You might want to edit the original post to remove the stuff about the performance ratings. That's an unusual enough rating system that someone might be able to identify the company. Thanks, per your advice I edited the info about the ratings. W...
by supersharpie
Tue Jan 22, 2019 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed: wife seeking new job to escape megacorp hell
Replies: 58
Views: 5679

Re: Help needed: wife seeking new job to escape megacorp hell

Are there any vesting periods to consider w.r.t. the defined benefit plan that she hasn't already met? It might be worth staying on for a year or two if there are any vesting benefits to be had. Otherwise, sounds like it's definitely time to move on. Nope, she is fully vested. If she stays on until...
by supersharpie
Tue Jan 22, 2019 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed: wife seeking new job to escape megacorp hell
Replies: 58
Views: 5679

Re: Help needed: wife seeking new job to escape megacorp hell

As others have stated your wife should move on. She actually stayed way too long and should be prepared to say why shedid stay so long - especially in the same job. Get out ASAP. The company helping her to get an MBA easily explains that. Thanks for that feedback. It will come in handy when that qu...
by supersharpie
Tue Jan 22, 2019 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed: wife seeking new job to escape megacorp hell
Replies: 58
Views: 5679

Re: Help needed: wife seeking new job to escape megacorp hell

Seems like a no brainer. She should be looking at a competing health insurance company in the area. She knows the health insurance industry very well. She needs to forego hopes of finding another pension-providing organization. If she would like to move out of the health arena, I can recommend Vang...
by supersharpie
Tue Jan 22, 2019 3:59 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed: wife seeking new job to escape megacorp hell
Replies: 58
Views: 5679

Help needed: wife seeking new job to escape megacorp hell

My wife is 35 and has worked for the same insurance megacorp since she graduated with a bachelors back in 2006. Her tenure has been marked by a series of broken promises. She was hired as a claims processor, a step below an adjuster, despite the fact she had a sterling academic background. The compa...
by supersharpie
Fri Dec 28, 2018 10:42 am
Forum: Investing - Theory, News & General
Topic: [Vanguard Founder Jack Bogle Says It’s Time to Play It Safe]
Replies: 153
Views: 14068

When did Jack become an advocate of timing the market?

https://www.barrons.com/articles/vangua ... 1545950443

Articles like this have me scratching my head. Just seems strange that he would change his tune this late in life.
by supersharpie
Fri Dec 14, 2018 7:36 am
Forum: Personal Finance (Not Investing)
Topic: Chase Ultimate Rewards Points Questions
Replies: 20
Views: 2595

Re: Chase Ultimate Rewards Points Questions

The absolute best strategy, if you are married or in a committed relationship where you co-mingle your finances is as follows: 1. One of you signs up for Chase Sapphire Reserve (net annual fee is $150 after $300 travel credit...3% back on travel and dining, 1% back on everything else...crucially you...
by supersharpie
Tue Jun 12, 2018 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Are you including SS in your planning model? Are the benefits really that high?
Replies: 148
Views: 13032

Re: Are you including SS in your planning model? Are the benefits really that high?

I have not used social security in any retirement planing model since I began modeling back in my 20s. Like I said, I hadn't spent much time looking at SS and I never include it in my planing. Because, holy crap, if we really do get those types of benefits in 18 years it radically alters my model. ...
by supersharpie
Sun Jun 10, 2018 2:06 pm
Forum: Personal Consumer Issues
Topic: Best HEPA air purifier for cat allergy sufferer?
Replies: 13
Views: 1069

Best HEPA air purifier for cat allergy sufferer?

So, after having a pair of cats for nearly six years I have recently developed an allergy to them. Getting rid of the cats is not an option. I have started researching HEPA air purifiers and it seems like they all have their advocates and detractors. Which unit would you recommend?
by supersharpie
Wed Jun 06, 2018 11:12 am
Forum: Investing - Theory, News & General
Topic: WSJ:Social Security Expected to Dip Into Its Reserves This Year
Replies: 61
Views: 3726

Re: Social Security crossover point has arrived

How should one deal with this news?

Perhaps prepare for the worst case scenario, which is a 21% reduction to your benefits in 2034.
by supersharpie
Thu May 31, 2018 5:08 am
Forum: Personal Investments
Topic: Should I shift bond allocation from F Fund to G Fund?
Replies: 15
Views: 1602

Should I shift bond allocation from F Fund to G Fund?

Given that the Fed plans to raise interest rates at least two more times this year I am thinking of switching my bond allocation in my TSP account from the F Fund, which seems primed to lose value in the short term, to the G Fund, which guarantees a modest return. I realize that this is market timin...
by supersharpie
Tue May 01, 2018 3:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 10773
Views: 1885848

Re: U.S. stocks in freefall

. . . We must be getting accustomed to seeing the market drop . . . Thank you Mister Will, good point. The USA investors are at ease because they know that "markets always come back up." The same thing happened in Japan a couple of decades ago, for the Japanese investors a regular market drop was n...
by supersharpie
Tue May 01, 2018 8:40 am
Forum: Personal Finance (Not Investing)
Topic: Reached a minor financial milestone this month
Replies: 35
Views: 7731

Re: Reached a minor financial milestone this month

bubbadog wrote:
Tue May 01, 2018 4:16 am
Congrats! Future milestones will come quicker and quicker.
Thanks! Still hoping to reach the two comma club by 40.
by supersharpie
Mon Apr 30, 2018 11:10 pm
Forum: Personal Finance (Not Investing)
Topic: How would you handle a request for money from a niece?
Replies: 89
Views: 8226

Re: How would you handle a request for money from a niece?

Pajamas wrote:
Mon Apr 30, 2018 11:07 pm
supersharpie wrote:
Mon Apr 30, 2018 11:02 pm
90 year old who, statistically, has about two years to live.
Actually about five years statistically.
Regardless...Grams can spend down 10% of assets annually without batting an eye. OP sounds like she has her eyes on Grandma's estate.
by supersharpie
Mon Apr 30, 2018 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: How would you handle a request for money from a niece?
Replies: 89
Views: 8226

Re: How would you handle a request for money from a niece?

Personally I would not have spent the time typing all the OP did over $100...But if you do, I can not believe you told your 90 yo mom she had to give up something (suffer) to help her niece...just cruel!! But I guess you felt you needed to teach a 90 yo a valuable life lesson. This occurred to me a...
by supersharpie
Mon Apr 30, 2018 10:42 pm
Forum: Personal Consumer Issues
Topic: 3 days in London - must dos?
Replies: 31
Views: 2596

Re: 3 days in London - must dos?

I am traveling to Europe on business in mid-May. I fly to Helsinki, conduct business in Finland, and I'm going to do a stopover in London. I arrive in London on a Thursday morning right at 9:00 AM. I leave on Sunday, early around 11:25 AM. What are my must-do's? I will be traveling alone. I'll be s...
by supersharpie
Mon Apr 30, 2018 10:39 pm
Forum: Personal Finance (Not Investing)
Topic: Reached a minor financial milestone this month
Replies: 35
Views: 7731

Re: Reached a minor financial milestone this month

And there it is! We now have over 500k saved for retirement at age 34. It would appear that our aspiration of early retirement by 50 is now attainable but the future, of course, remains unwritten.
by supersharpie
Thu Apr 19, 2018 7:00 am
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 244
Views: 34507

Re: How old are you and how much do you save for retirement a year

darrvao777 wrote:
Tue Nov 07, 2017 10:38 pm
32 years old, >$500000+ for retirement annually
I think we have a winner!

As for me? My wife and I are 34, we max out our tax advantaged 401k and Roth IRA space which in 2018 is 48k. Our employer's match an extra $5558 so $53,558 total. We have around 500k saved.
by supersharpie
Tue Mar 20, 2018 3:34 am
Forum: Personal Finance (Not Investing)
Topic: Can I Retire at 38?
Replies: 118
Views: 14773

Re: Can I Retire at 38?

Being able to retire at 38 an get a 55k/year pension starting at 55 makes me wonder less about why the pension system in California is going bankrupt. +1. Unsustainable. Federal and state government pensions cannot support future payouts. Don't confuse federal pensions, which are no longer generous...
by supersharpie
Tue Jan 16, 2018 1:38 pm
Forum: Personal Consumer Issues
Topic: [What TV Show Have You Recently Watched?]
Replies: 1241
Views: 125467

Re: Hulu, Your Current Favorite Show

We love a ton of British comedies available on Hulu:

Peep Show
Toast of London
The Mighty Boosh
Pramface

are a few of our favorites.