Search found 3623 matches

by mhc
Wed May 23, 2018 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: 529 vs Emergency Fund
Replies: 20
Views: 1054

Re: 529 vs Emergency Fund

I would build up the emergency fund at $1300/mo; then, I would resume the other two.

More than likely it's not a big deal either way, but it is better to have the emergency fund in place first.
by mhc
Wed May 23, 2018 10:43 am
Forum: Personal Consumer Issues
Topic: Rental car in Denver, CO
Replies: 11
Views: 675

Re: Rental car in Denver, CO

My mega-corp employer provides us an Avis discount code for personal rentals. If you are employed, you may look to see if your company provides any rental car perks. I used it last year. It saved me $2000 on a 3 week rental. I'm using it again this summer for a 2 week rental.
by mhc
Tue May 15, 2018 3:25 pm
Forum: Personal Consumer Issues
Topic: Must See in South Dakota
Replies: 58
Views: 4041

Re: Must See in South Dakota

mnnice wrote:
Tue May 15, 2018 11:03 am
I would like to clarify if you are going from the Twin Cities to the Black Hills Sioux Falls is not the mid-point. It’s about four hours of a thirteen hour drive.
Minneapolis to Sioux Falls: 4 hours
Sioux Falls to Rapid City: 5 hours
by mhc
Thu May 10, 2018 4:21 pm
Forum: Personal Consumer Issues
Topic: Reccommended Minivans
Replies: 31
Views: 1828

Re: Reccommended Minivans

Bought a new Honda in 2006. Loved it. Just replaced it this year with the 2018 model. It's really nice.
by mhc
Thu May 10, 2018 9:21 am
Forum: Investing - Help with Personal Investments
Topic: Simple Index Fund Question
Replies: 12
Views: 1033

Re: Simple Index Fund Question

each share of a mutual fund or ETF represents a portion of the entire fund

I think QQQ tracks the NASDAQ 100. So 1 share of QQQ will have each of those 100 companies built into it.
by mhc
Wed May 09, 2018 11:23 am
Forum: Investing - Help with Personal Investments
Topic: adding large cap to my portfolio - bad idea ?
Replies: 6
Views: 299

Re: adding large cap to my portfolio - bad idea ?

Another way to increase risk is to decrease bonds.
by mhc
Tue May 08, 2018 8:15 pm
Forum: Personal Finance (Not Investing)
Topic: How to handle problem employee
Replies: 84
Views: 5484

Re: How to handle problem employee

Since it is only 10% of the time and she is a reasonable worker, I would move on. It's not that big of a deal.

At the appropriate time I would inform her how her attitude/comments are negatively impacting her career and team. I wouldn't make too big of a deal out of it.
by mhc
Thu May 03, 2018 9:17 am
Forum: Personal Consumer Issues
Topic: Bucket List Adventures/Activities
Replies: 110
Views: 7863

Re: Bucket List Adventures/Activities

Two things my DW and I enjoy are visiting National Parks and State Capitol buildings. They are "soft" bucket list items.
by mhc
Wed May 02, 2018 11:00 am
Forum: Investing - Theory, News & General
Topic: Portfolio peepers: what do you do?
Replies: 48
Views: 3915

Re: Portfolio peepers: what do you do?

One reason is to look for TLH opportunities and/or rebalancing needs.
by mhc
Tue May 01, 2018 8:35 am
Forum: Personal Consumer Issues
Topic: Sprinkler system burst, company won't honor guarantee, what to do?
Replies: 21
Views: 3176

Re: Sprinkler system burst, company won't honor guarantee, what to do?

If the broken pipe is in the grass (not under driveway or patio), then it should be an easy fix. I would think about 1 hour of work. You should be able to find someone for $50-100/hr. You have an estimate for $700. What does it include? What kind of pipe broke, and where is it located?
by mhc
Mon Apr 30, 2018 3:13 pm
Forum: Personal Consumer Issues
Topic: Must See in South Dakota
Replies: 58
Views: 4041

Re: Must See in South Dakota

Corn Palace
Pierre (state capitol)
Badlands NP
Wall Drug
Minuteman Missile Silo NM

Favorites in Black Hills:
Mount Rushmore
Mamoth site Hot Springs
Evans Plunge (Hot Springs, if you have kids)
Purple Pie Shop (Custer)
Bear Country (young kids)
Reptile Gardens
Jewel Cave NM
by mhc
Mon Apr 30, 2018 3:09 pm
Forum: Personal Consumer Issues
Topic: Northern Hiking/Walking Vacation
Replies: 19
Views: 1349

Re: Northern Hiking/Walking Vacation

Glacier NP
Rocky Mountain NP
by mhc
Mon Apr 30, 2018 11:56 am
Forum: Personal Consumer Issues
Topic: Gate latch that opens from both sides?
Replies: 11
Views: 524

Re: Gate latch that opens from both sides?

Just tell whoever is installing your fence what you want and they will handle it.
by mhc
Mon Apr 30, 2018 9:53 am
Forum: Personal Consumer Issues
Topic: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?
Replies: 187
Views: 8621

Re: Daughter and Girlfriend, age 19, taking cross country road trip. Advice?

They may be in some pretty remote areas. I carry a 5 gallon container of water and have extra food. There is not always cellular service.

Let them make their own mistakes. They will learn from them.

Wish them well and send them on their way.
by mhc
Fri Apr 27, 2018 2:04 pm
Forum: Personal Consumer Issues
Topic: How stressful is buying a home?
Replies: 56
Views: 3190

Re: How stressful is buying a home?

I bought my first home when I was 30. It was not stressful at all. I was too young to worry about life. The next year I relocated for work. I had to go through the process again. No big deal. People do it all the time. The process is well known.

Buying a house is only as stressful as you make it.
by mhc
Wed Apr 25, 2018 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Allocation to combine Dave Ramsey and Vanguard?
Replies: 79
Views: 6756

Re: Allocation to combine Dave Ramsey and Vanguard?

OP,

it is an aggressive AA. If you want 100% equities, then you could do a lot worse. I would prefer TSM and TISM, but your split is quite reasonable.
by mhc
Mon Apr 23, 2018 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring Taxable Account to Vanguard to consolidate
Replies: 4
Views: 467

Re: Transferring Taxable Account to Vanguard to consolidate

I would log onto Ameritrade and download and/or screen shot everything before the transfer in case the information is lost in the transfer. The tax forms give you the ability to correct any cost basis errors.
by mhc
Mon Apr 23, 2018 11:51 am
Forum: Investing - Help with Personal Investments
Topic: Is this ESPP worthwhile?
Replies: 15
Views: 1215

Re: Is this ESPP worthwhile?

I spend about 10 minutes a year selling the shares and about 20 minutes on my taxes for my ESPP. Is 30 minutes worth $778 to you?

I would do it. I doubt you can beat the rate of return anywhere else on a consistent basis.
by mhc
Fri Apr 20, 2018 3:13 pm
Forum: Personal Consumer Issues
Topic: How much off MSRP should one expect?
Replies: 23
Views: 2136

Re: How much off MSRP should one expect?

The going rate for a car depends on the car. Look at forums where real people post real prices paid for the car you want to buy. I know of no rule of thumb relative to invoice or MSRP that holds across all cars. Look at the forums.
by mhc
Fri Apr 20, 2018 9:36 am
Forum: Personal Finance (Not Investing)
Topic: Interesting vs higher paying job
Replies: 40
Views: 3080

Re: Interesting vs higher paying job

Making more money doesn't necessarily mean "keeping up with the Joneses." It can also mean early retirement. Many people may think that they will work until they are 65, but a large number of people start losing the ability to work before then.
by mhc
Thu Apr 19, 2018 10:45 am
Forum: Personal Consumer Issues
Topic: Fixing Deadbolt Lock
Replies: 18
Views: 1266

Re: Fixing Deadbolt Lock

The deadbolt could be difficult to operate because it is no longer in alignment due to the door drooping or the house settling.
by mhc
Wed Apr 18, 2018 1:00 pm
Forum: Personal Consumer Issues
Topic: Planning a week in Yellowstone 2019
Replies: 6
Views: 743

Re: Planning a week in Yellowstone 2019

I would choose early September or late June. It can snow at any time in Yellowstone. In my opinion, the warmer the better.

Old Faithful Inn would be great for your time in Yellowstone because it is centrally located.
by mhc
Mon Apr 16, 2018 11:40 am
Forum: Personal Consumer Issues
Topic: How do you determine what internet speed you need?
Replies: 32
Views: 1238

Re: How do you determine what internet speed you need?

I would start with 10 Mbps. That should meet your needs. If streaming from Netflix becomes a problem, try downloading content during off peak times.

If 10 Mbps doesn't work out, then upgrade to a higher speed.
by mhc
Mon Apr 16, 2018 8:46 am
Forum: Personal Consumer Issues
Topic: Ogden UT/Salt Lake City summer children's activities?
Replies: 8
Views: 559

Re: Ogden UT/Salt Lake City summer children's activities?

The Golden Spike National Historic Site is not too far away.
by mhc
Fri Apr 13, 2018 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard vs Independent Certified Financial Planner
Replies: 15
Views: 1460

Re: Vanguard vs Independent Certified Financial Planner

Give Vanguard a shot, and then let us know how it goes. If you are not satisfied with what Vanguard does, then give this site or a CFP a try. Or try all 3 and share the results.
by mhc
Thu Apr 12, 2018 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Could you support family on 1 income?
Replies: 88
Views: 6043

Re: Could you support family on 1 income?

I know of very few dual income families among my friends and co-workers, and they are all doing fine.
by mhc
Wed Apr 11, 2018 4:58 pm
Forum: Investing - Theory, News & General
Topic: Is rebalancing with new money only superior?
Replies: 17
Views: 986

Re: Is rebalancing with new money only superior?

Exchanging funds in a tax advantaged account is just as good for rebalancing as adding new money.

I would not want to exchange funds in a taxable account if it resulted in a higher tax bill. In this case, it is better to rebalance with new money.
by mhc
Wed Apr 11, 2018 9:31 am
Forum: Investing - Help with Personal Investments
Topic: Return rate
Replies: 9
Views: 633

Re: Return rate

Kathys,

your question may require a little more context. DBR gave a good answer. My answer is assuming a different context. To me a good rate of return is when my index fund returns very close to the index.
by mhc
Wed Apr 11, 2018 8:22 am
Forum: Personal Finance (Not Investing)
Topic: What to do with some extra cash
Replies: 8
Views: 1017

Re: What to do with some extra cash

Put toward mortgage.
by mhc
Tue Apr 10, 2018 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Reits in Coverdell Education Account
Replies: 2
Views: 149

Re: Reits in Coverdell Education Account

look at total return instead of yield
by mhc
Tue Apr 10, 2018 4:46 pm
Forum: Investing - Help with Personal Investments
Topic: Pulling TSR Money from Vanguard and Placing it in another institution
Replies: 3
Views: 481

Re: Pulling TSR Money from Vanguard and Placing it in another institution

Welcome to the forum!

I would talk to the new institution and have them explain the exact procedure to you. If they can't do that, you may want to reconsider.
by mhc
Tue Apr 10, 2018 4:44 pm
Forum: Personal Consumer Issues
Topic: [What UN-frugal thing do you do? What do you splurge on?]
Replies: 567
Views: 38053

Re: Name something you bought that wasn't cheap and glad you did

Bose wireless headphones every house I have purchased every car I have purchased wedding ring for DW diamond earrings and diamond necklace for DW nice socks and nice shoes (like to keep my feet happy) storage shed new bed, bed frame, headboard, sheets, blankets, pillow new living room furniture new ...
by mhc
Mon Apr 09, 2018 12:45 pm
Forum: Personal Consumer Issues
Topic: New Turbo Tax "freak out" screen?
Replies: 6
Views: 1106

Re: New Turbo Tax "freak out" screen?

The online version did not do this to me. I think after the income section I owed an additional $20k. No screens telling me I screwed up.
by mhc
Mon Apr 09, 2018 9:02 am
Forum: Investing - Help with Personal Investments
Topic: Monthly Lump Sum Vs Daily Investment
Replies: 14
Views: 652

Re: Monthly Lump Sum Vs Daily Investment

Invest the money when you get it. It will have more time in the market. I assume you don't get paid every day. Paying down on the mortgage is a good idea. Investing $10k/mo probably means you will start needing bonds in your taxable account at some point. I would rather pay of the mortgage in compar...
by mhc
Wed Apr 04, 2018 8:46 am
Forum: Investing - Theory, News & General
Topic: Has anyone changed their AA/IPS/investing strategy recently?
Replies: 25
Views: 1930

Re: Has anyone changed their AA/IPS/investing strategy recently?

I changed my AA in January from 80/20 to 75/25. The change was according to my IPS that has been in place for about 7 years.
by mhc
Tue Apr 03, 2018 4:59 pm
Forum: Personal Consumer Issues
Topic: wi-fi internet connection issue
Replies: 13
Views: 1444

Re: wi-fi internet connection issue

Two of my window 10 laptops at home have trouble getting proper IPV and/or DNS addresses. I had to manually set them to get them to connect to the router. When googling this, I found that it was a common problem. I would try googling the problem, and follow the directions on how people fix the probl...
by mhc
Tue Apr 03, 2018 1:59 pm
Forum: Investing - Help with Personal Investments
Topic: Index Admiral Shares or ETF's??
Replies: 20
Views: 1123

Re: Index Admiral Shares or ETF's??

I have tried both, and I prefer mutual funds. I find them slightly more convenient because I can buy fractional shares and you just get the NAV at the end of the day. I would recommend trying the mutual funds. If you don't like them, then you can convert them to ETFs. I think a set automatic dollar ...
by mhc
Tue Apr 03, 2018 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Magic Number - Approach considering Social Security and Pension
Replies: 14
Views: 1448

Re: Magic Number - Approach considering Social Security and Pension

The 1.8 million may be your spend, but it doesn't tell you how much you need to have saved by age 55. You would need to bring all the numbers back to age 55 by removing the inflation portion to know how much you need to have saved by age 55. It's easier in my mind if you would just leave out inflati...
by mhc
Tue Apr 03, 2018 10:12 am
Forum: Personal Consumer Issues
Topic: Expensive gift that I don't want
Replies: 7
Views: 1097

Re: Expensive gift that I don't want

Seems like you should be talking to him more and not seeking relationship advice on an investing forum.
by mhc
Tue Apr 03, 2018 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Tax loss harvesting and Collective Investment Trust
Replies: 3
Views: 278

Re: Tax loss harvesting and Collective Investment Trust

I wouldn't worry about a wash sale because:
1. They are different funds.
2. The IRS publications do not include 401Ks in the potential wash sale list.
by mhc
Tue Apr 03, 2018 9:14 am
Forum: Personal Finance (Not Investing)
Topic: How did you file your income taxes?
Replies: 77
Views: 4030

Re: How did you file your income taxes?

TurboTax premier online for federal and state. e-filed both.
by mhc
Mon Apr 02, 2018 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: Job advice
Replies: 13
Views: 1162

Re: Job advice

How much does your current commute cost you? I usually figure $0.50/mile. You could save 60 miles a day plus at least 1 hour of driving a day. When you factor that in, how much money are you losing out with the new job? I never considered time in a car as healthy living. Being close to home means yo...
by mhc
Thu Mar 29, 2018 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Should I loan my child money for college?
Replies: 73
Views: 5463

Re: Should I loan my child money for college?

Welcome to the forum! Since it doesn't seem like you want to directly pay for your child's education but are willing to loan the money at a small cost to you, I would think that your child should get her own school loans. If she needs help with the loans, maybe you could gift her some money if the n...
by mhc
Thu Mar 29, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA and Taxable at VG
Replies: 12
Views: 677

Re: Roth IRA and Taxable at VG

Each person will have to set up their Individual Roth IRA. Once done, you can give the other person permission to see and/or manage the account through the website.
by mhc
Thu Mar 29, 2018 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: At what price difference would you no longer go with USAA for auto insurance?
Replies: 18
Views: 1677

Re: At what price difference would you no longer go with USAA for auto insurance?

I would not pay more than $100-200/yr for a preferred insurance provider.
by mhc
Thu Mar 29, 2018 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Advice on selling company stock - no emergency fund
Replies: 6
Views: 401

Re: Advice on selling company stock - no emergency fund

Sell it all immediately. Establish your EF. Pay off debt or invest the rest.

Holding individual stocks is gambling.

Do you have some reason to believe the company stock will perform better than the market?
by mhc
Thu Mar 29, 2018 8:41 am
Forum: Personal Finance (Not Investing)
Topic: Do I really have to pay estimated taxes this year?
Replies: 19
Views: 2390

Re: Do I really have to pay estimated taxes this year?

I get the vouchers every year. I have no idea why. I have never paid a penalty for under withholding. I just ignore them.
by mhc
Wed Mar 28, 2018 4:10 pm
Forum: Investing - Theory, News & General
Topic: Should I be worried about the S&P Index fund ?
Replies: 51
Views: 5881

Re: Should I be worried about the S&P Index fund ?

It seems that your definition of technology company does not align with the general definition. That is your prerogative. How are the first four companies misleading people in what they are? There is no distortion in VFIAX. It is doing what it is suppose to be doing. It seems like you just have a di...
by mhc
Wed Mar 28, 2018 4:03 pm
Forum: Investing - Help with Personal Investments
Topic: How many are using Automatic contributions?
Replies: 41
Views: 2909

Re: How many are using Automatic contributions?

I have never used them outside my 401k. Sounds like a good idea if your income and expenses are fairly smooth. Mine are rather lumpy, so it would not help me much. I tend to let my checking account build up, then I lump sum invest. This way I can do my rebalancing at the same time.
by mhc
Tue Mar 27, 2018 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: HSA family max contribution lowered to $6850 for 2018 [and changed to $6900 again]
Replies: 128
Views: 13699

Re: IRS reduces HSA max for 2018

Thank you for the heads up.

I just called Fidelity to lower my contributions for the year. 12 minutes on the phone for $50 difference. Not very efficient.

Fidelity's benefits department was fully aware of this. I bet most employees are not aware of the change.