Search found 3743 matches

by mhc
Wed Nov 14, 2018 9:39 am
Forum: Investing - Help with Personal Investments
Topic: Deferred compensation vs. non-governmental 457(b)
Replies: 3
Views: 417

Re: Deferred compensation vs. non-governmental 457(b)

If your income may drop dramatically in ~5 years, then deferred comp sounds like a good idea. You should be able to calculate the tax savings. The tax savings has to be weighed against the hassle, risk of losing the money, and loss of control.

FWIW, I use my NQDC plan.
by mhc
Tue Nov 13, 2018 10:04 am
Forum: Investing - Help with Personal Investments
Topic: Deferred compensation vs. non-governmental 457(b)
Replies: 3
Views: 417

Re: Deferred compensation vs. non-governmental 457(b)

There are two other important factors:

1. How long before you retire?
2. How likely are you to stay with current employer until retirement?

I would hate to defer compensation to save on taxes to only leave the company and have the payouts stacked on top of income from new employer.
by mhc
Mon Nov 12, 2018 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Financial Engines thru Vanguard
Replies: 14
Views: 813

Re: Financial Engines thru Vanguard

student wrote:
Mon Nov 12, 2018 9:40 am
I have used it but only for entertainment. I preferred the retirement checkup calculator from Fidelity.
+1

It was initially entertaining to play with, but I have not used it in years.
by mhc
Thu Nov 08, 2018 1:12 pm
Forum: Personal Consumer Issues
Topic: Favorite "free stuff"?
Replies: 131
Views: 9662

Re: Favorite "free stuff"?

coffee at work (may or may not be free depending on how you look at it)
talking to people
by mhc
Thu Nov 08, 2018 9:53 am
Forum: Personal Finance (Not Investing)
Topic: How to plan for bonus without knowing amount?
Replies: 32
Views: 1884

Re: How to plan for bonus without knowing amount?

You know the historical range, so assume it will fall in that range. Certainly do not spend the money before you get it, but not budgeting for it is rather extreme. One should be able to see how the company is doing throughout the year to get a feel for what the bonus will be. I don't ever really kn...
by mhc
Thu Nov 08, 2018 9:18 am
Forum: Personal Consumer Issues
Topic: College graduation gift amount
Replies: 25
Views: 1773

Re: College graduation gift amount

I paid for my own college. I think my mom got me a cake for my BS. I don't remember anything for my MS. I plan on paying a substantial amount for my children's education. Times have changed. I can't imagine giving them a graduation gift, but I might. I'm not opposed to helping my kids, so help may c...
by mhc
Wed Nov 07, 2018 5:38 pm
Forum: Personal Finance (Not Investing)
Topic: If expenses are low, are some of us over saving?
Replies: 120
Views: 11620

Re: If expenses are low, are some of us over saving?

No, I don't agree, but I agree it may work for some. What if a person can't work until old enough to collect SS? Stuff happens. What do you mean by "higher earning"? To me it implies that SS would not be sufficient to cover the life style of a higher earning couple. What if only one spouse works and...
by mhc
Mon Nov 05, 2018 1:10 pm
Forum: Investing - Theory, News & General
Topic: Do people calculate savings rate on gross income?
Replies: 118
Views: 7326

Re: Do people calculate savings rate on gross income?

I use gross because I look at where it goes: taxes, spend, save. I do that because that is what is interesting to me.
by mhc
Wed Oct 31, 2018 8:40 am
Forum: Personal Consumer Issues
Topic: $50 Prepaid Visa Card for Taking Test Drive at Jeep Dealership
Replies: 28
Views: 1694

Re: $50 Prepaid Visa Card for Taking Test Drive at Jeep Dealership

If you have the time, go for it. There is little risk. Let us know how it goes.

I have interacted with a lot of nice sales people at car dealerships.
by mhc
Mon Oct 29, 2018 8:24 am
Forum: Investing - Theory, News & General
Topic: Are you too wealthy for a LIQUID emergency fund?
Replies: 29
Views: 4894

Re: Are you too wealthy for a LIQUID emergency fund?

OP,

you are correct that as your portfolio grows the need for a liquid EF (cash, cash equivalents) drops. I just keep enough in my checking and savings accounts to manage cash flow. I also have enough room on my credit cards to act as a buffer until I can get money from my taxable investment account.
by mhc
Mon Oct 29, 2018 8:19 am
Forum: Investing - Theory, News & General
Topic: Company being acquired what to do with stock?
Replies: 15
Views: 1469

Re: Company being acquired what to do with stock?

I would wait on selling for now. If the sale is likely to go through, then hold on to your shares. As things progress, the disposition of your company stock and RSUs will be communicated. I went through this once. All my RSUs automatically vested at the sale. It was very lucrative. All the company s...
by mhc
Tue Oct 23, 2018 8:12 am
Forum: Personal Consumer Issues
Topic: What do you spend your money on outside of expenses and investments?
Replies: 23
Views: 1710

Re: What do you spend your money on outside of expenses and investments?

charitable contributions and travel are the top two by far

Competitive sports for children
eating out
cable TV
gym membership
by mhc
Mon Oct 22, 2018 3:15 pm
Forum: Investing - Theory, News & General
Topic: What's Your Fixed Income Strategy?
Replies: 89
Views: 8576

Re: What's Your Fixed Income Strategy?

0-9 years from retirement
25% fixed income
100% TBM (all of it in 401k)
keep it simple, low cost, well diversified
use TBM
by mhc
Thu Oct 18, 2018 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: non-deductible ira contributions & income
Replies: 2
Views: 165

Re: non-deductible ira contributions & income

you are covered by your husband's income.
by mhc
Thu Oct 18, 2018 2:59 pm
Forum: Personal Consumer Issues
Topic: Tip Furniture Delivery?
Replies: 12
Views: 1134

Re: Tip Furniture Delivery?

At a minimum I offer them a drink (bottled water, soda). If they do a really good job and are there a while, I would tip $10-$20, enough to buy lunch.
by mhc
Tue Oct 16, 2018 12:42 pm
Forum: Investing - Help with Personal Investments
Topic: Opening a second (totally separate) Ally account
Replies: 1
Views: 347

Re: Opening a second (totally separate) Ally account

I called Ally this weekend. They have 24/7 support. It was quick and painless. The person was very nice and helpful.

I would call Ally.

They also have online chat support.
by mhc
Tue Oct 16, 2018 9:18 am
Forum: Investing - Theory, News & General
Topic: How much of a dip do you want before you TLH?
Replies: 27
Views: 2120

Re: How much of a dip do you want before you TLH?

I usually will not TLH unless it is more than $3-5K in a single fund. Having extra funds adds so little complexity, that I do not worry about it. I have a few in my account. I think since I switched to the brokerage account at Vanguard, I'll get a consolidated 1099, so I'm expecting the number of fu...
by mhc
Mon Oct 15, 2018 2:12 pm
Forum: Personal Finance (Not Investing)
Topic: Kids not interested in money / allowance
Replies: 50
Views: 5051

Re: Kids not interested in money / allowance

As a kid, I always had to use my own money to buy presents for others. I also had to use my own money to go to the movies and buy popcorn and such. I was expected to pay for my own stuff outside the basic needs of life. This motivated me to earn and save, in other words, to handle money wisely.
by mhc
Mon Oct 15, 2018 1:50 pm
Forum: Personal Consumer Issues
Topic: HDMI Splitter or Switch?
Replies: 24
Views: 1436

Re: HDMI Splitter or Switch?

I would get a powered switch.

A new tv in that size is under $300. It would have all the new features and use less power.
by mhc
Mon Oct 15, 2018 1:44 pm
Forum: Personal Finance (Not Investing)
Topic: Umbrella insurance coverage and cost
Replies: 4
Views: 385

Re: Umbrella insurance coverage and cost

lots of threads on umbrella inurance. try the search if you haven't already.

$250/yr for $2 million

Umbrella insurance is to protect assets and future income.
by mhc
Mon Oct 15, 2018 9:34 am
Forum: Personal Consumer Issues
Topic: How Much Is Your Sewer Bill?
Replies: 78
Views: 4115

Re: How Much Is Your Sewer Bill?

My water, sewer, and storm water are serviced and billed by 3 different entities.

Sewer: $40/mo flat rate

I live in an average COL area.
by mhc
Fri Oct 12, 2018 3:33 pm
Forum: Personal Finance (Not Investing)
Topic: How much assets to self insure (Life) ?
Replies: 14
Views: 653

Re: How much assets to self insure (Life) ?

Once you factor in SS survivor benefits, it doesn't look like you need life insurance.

Make sure you work through the math if one spouse dies. Will the other spouse still work full time? Does it impact expenses and savings rates?
by mhc
Fri Oct 12, 2018 8:26 am
Forum: Personal Consumer Issues
Topic: Key West Hotels
Replies: 27
Views: 1870

Re: Key West Hotels

Stayed at the Coconut Resort last year before the hurricane. 2 bedrooms, 2 bathrooms, kitchen, and living room. Really enjoyed it. We would gladly stay there again.
by mhc
Thu Oct 11, 2018 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: What did you buy today
Replies: 111
Views: 8383

Re: What did you buy today

Nothing, but I'm sure my DW will buy something at the store. I work, she spends.
by mhc
Wed Oct 10, 2018 10:30 am
Forum: Investing - Theory, News & General
Topic: Transition to Vanguard's new investment platform???
Replies: 17
Views: 2596

Re: Transition to Vanguard's new investment platform???

I upgraded my joint taxable account back in January. Piece of cake. I did my and my DW's IRA and Roth this weekend. It was easy. I then had to redo the permissions so I can manage my DW's accounts and she can view my accounts. I did all this in less than 30 minutes while watching football in my rec...
by mhc
Tue Oct 09, 2018 1:13 pm
Forum: Personal Consumer Issues
Topic: Neighbors tree branch growing too close to my house
Replies: 48
Views: 3905

Re: Neighbors tree branch growing too close to my house

Nicely tell your neighbor what you are going to do, and have the limb removed. For $80 I assume the branch is not too large.

If someone doesn't know how to cut a tree branch, I'm sure there is a youtube video.
by mhc
Tue Oct 09, 2018 9:36 am
Forum: Investing - Theory, News & General
Topic: Transition to Vanguard's new investment platform???
Replies: 17
Views: 2596

Re: Transition to Vanguard's new investment platform???

I upgraded my joint taxable account back in January. Piece of cake. I did my and my DW's IRA and Roth this weekend. It was easy. I then had to redo the permissions so I can manage my DW's accounts and she can view my accounts. I did all this in less than 30 minutes while watching football in my recl...
by mhc
Tue Oct 09, 2018 9:10 am
Forum: Investing - Help with Personal Investments
Topic: How to get over paper loss?
Replies: 43
Views: 3930

Re: How to get over paper loss?

One way to help get over paper losses is to learn how to Tax Loss Harverst. This can help turn a paper loss into a real benefit. Expected returns is directly related to risk. Risk means that sometimes things go down. That is the nature of the beast. The hope is that over the long haul there will be ...
by mhc
Fri Oct 05, 2018 4:06 pm
Forum: Investing - Help with Personal Investments
Topic: Evaluate net worth - FIRE really that close?
Replies: 56
Views: 7753

Re: Evaluate net worth - FIRE really that close?

how do you get your annual spend down to $90k if you have to start paying for medical insurance?

I wouldn't count the restricted stock until you have the money in hand.

How do you get to $3 million?

I'm not seeing it.
by mhc
Fri Oct 05, 2018 11:30 am
Forum: Investing - Theory, News & General
Topic: Transition to Vanguard's new investment platform???
Replies: 17
Views: 2596

Re: Transition to Vanguard's new investment platform???

I received an email today saying I need to switch because Vanguard will be retiring the old platform. Sounds like it is either a requirement or will become a requirement some day. I switched my taxable account at the beginning of 2018. It was painless. I guess I need to switch the IRAs and Roth IRAs.
by mhc
Fri Oct 05, 2018 8:20 am
Forum: Personal Consumer Issues
Topic: Fall Foliage
Replies: 29
Views: 2331

Re: Fall Foliage

The aspen in the mountain west (e.g., Colorado) are pretty nice. If you time things correctly, you can also enjoy the elk rutting season. Estes Park is great for the rut. There are many drives not too far from there to see the fall colors.
by mhc
Fri Oct 05, 2018 8:15 am
Forum: Personal Consumer Issues
Topic: Simple, free way to send photos to people?
Replies: 15
Views: 1030

Re: Simple, free way to send photos to people?

Google Photos and/or Google Hangouts. I use both. If you are an Amzon Prime member you can upload them to Amazon. From the Amazon Photo app you can share the photos many different ways. It has similar capabilities to Google Photo. I like that Amazon has a feature that shows me the photos for that da...
by mhc
Sat Sep 29, 2018 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: New and in Need of Advice: Perpetual Account
Replies: 12
Views: 726

Re: New and in Need of Advice: Perpetual Account

Have you looked into Donor Advised Funds?
by mhc
Fri Sep 28, 2018 1:38 pm
Forum: Investing - Help with Personal Investments
Topic: NQ Stock Option Compensation not subject to NIIT
Replies: 1
Views: 155

Re: NQ Stock Option Compensation not subject to NIIT

Your understanding is correct.

Of course after the exercise, disposing of the shares is investment income. If you sell immediately, it should be a very small short term gain/loss.
by mhc
Thu Sep 27, 2018 2:18 pm
Forum: Personal Consumer Issues
Topic: Am I the only one...[using multiple accounts]
Replies: 27
Views: 1424

Re: Am I the only one...

ponyboy,

there a lot of people who do it like you, I am one. Separate buckets help some people manage their money better. If it works for them, great. If someone can manage it from one bucket, great. You're not missing anything.
by mhc
Thu Sep 27, 2018 9:58 am
Forum: Investing - Theory, News & General
Topic: Rebalancing theory
Replies: 15
Views: 1461

Re: Rebalancing theory

The wiki has an article on this. I would rebalance if it gets to 50-10. I would also be doing things along the way to prevent it from ever getting to 50-10.

https://www.bogleheads.org/wiki/Rebalancing
by mhc
Tue Sep 25, 2018 2:04 pm
Forum: Personal Consumer Issues
Topic: How to buy a mattress
Replies: 46
Views: 3419

Re: How to buy a mattress

I bought a new matress last year. I got it from Amazon. I read the reviews and found one that sounded reasonable. In a few days it showed up in a box on my front porch. DW and I like it. I don't have time to go to a store and lie around on different mattresses and then over pay.
by mhc
Tue Sep 25, 2018 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: I need help with the next step to a three fund portfolio
Replies: 5
Views: 857

Re: I need help with the next step to a three fund portfolio

Seems like you have to have munis in your taxable account. I'm not in that boat, so I don't have specific fund recommendations. If the 9-box is too much, then break down the equity funds into domestic and international. You can then additionally break them down to small and large-cap (I split mid-ca...
by mhc
Tue Sep 25, 2018 9:38 am
Forum: Personal Finance (Not Investing)
Topic: What do folks use for long-term forecasting of their personal finances?
Replies: 24
Views: 2540

Re: What do folks use for long-term forecasting of their personal finances?

I usually do it in my head relying heavily on the rule of 72 and doing piecewise analysis. I believe this is accurate enough for forecasting the next 50 years. There is so much uncertainty, I do not believe it is worth putting too much effort into forecasting out decades. I also like firecalc. It ca...
by mhc
Tue Sep 25, 2018 9:27 am
Forum: Investing - Help with Personal Investments
Topic: I need help with the next step to a three fund portfolio
Replies: 5
Views: 857

Re: I need help with the next step to a three fund portfolio

If the funds you currently have are low cost, efficient funds, do not feel compelled to get rid of them if there will be a large tax hit. Many people find themselves in this situation, and they still pull off a "3 fund" portfolio. I'm in a similar situation as you due to mutual funds I purchased bef...
by mhc
Mon Sep 24, 2018 12:43 pm
Forum: Personal Consumer Issues
Topic: Ripped off by a locksmith
Replies: 75
Views: 5765

Re: Ripped off by a locksmith

If you agreed to pay it (you signed), then what is there to dispute?
by mhc
Mon Sep 24, 2018 12:41 pm
Forum: Personal Consumer Issues
Topic: Vacation without saving adequately?
Replies: 70
Views: 5188

Re: Vacation without saving adequately?

Take the trip if you can cut spending elsewhere to come up with the money to pay for the trip. Maybe you can make the trip cheaper by staying somewhere cheaper or getting your food at a grocery store.
by mhc
Mon Sep 24, 2018 10:27 am
Forum: Investing - Help with Personal Investments
Topic: What to do with a windfall
Replies: 10
Views: 1531

Re: What to do with a windfall

Invest. Your retirement funds are large enough to handle emergencies beyond 2 months. If you are going to move in a few years, then I wouldn't pay down the mortgage. I definitely wouldn't start a 529. I think 529s are good for some people but not all. I have fallen into the camp that one should lock...
by mhc
Thu Sep 20, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: BlackFriday Shopping - what do you usually buy? (other than Christmas gifts)
Replies: 36
Views: 2590

Re: BlackFriday Shopping - what do you usually buy? (other than Christmas gifts)

Verizon has had really good deals on cell phones. I have purchased new phones 2 of the last 3 years.
by mhc
Thu Sep 20, 2018 9:25 am
Forum: Investing - Help with Personal Investments
Topic: Help with HSA fund selection
Replies: 7
Views: 574

Re: Help with HSA fund selection

I only keep one fund in my HSA. There is no need to match your overall AA in every account. If you are using the HSA like an IRA, then one fund should be sufficient. VIIIX would be a good choice. VTPSX would also be good.
by mhc
Tue Sep 18, 2018 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance...Social Security also pays?
Replies: 25
Views: 1544

Re: Life Insurance...Social Security also pays?

This is a very important part of Social Security and should be considered.

I have decided that between SS and my nest egg, I don't need life insurance. Maybe my DW would be better off without me. LOL
by mhc
Tue Sep 18, 2018 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Coverdell ESA Asset Allocation
Replies: 8
Views: 642

Re: Coverdell ESA Asset Allocation

I would use the total bond index. The purpose of bonds is to reduce the risk of the portfolio. Short term bonds are lower risk than the total bond. If you use short term, in theory, you could lower the bond allocation. A rule of thumb is the duration of the bond should be no longer than the time bef...
by mhc
Mon Sep 17, 2018 2:34 pm
Forum: Investing - Help with Personal Investments
Topic: Does cash at Ally count in my asset allocation?
Replies: 22
Views: 1980

Re: Does cash at Ally count in my asset allocation?

I count my cash because when I retire it will be part of my retirement portfolio.

My current AA is 75/24/1 (equity/bond/cash).

I include it because I want to control how much cash I have. If it gets much above 1%, then I need to invest the surpluss.
by mhc
Mon Sep 17, 2018 8:31 am
Forum: Personal Consumer Issues
Topic: Travel- overwater bungalows
Replies: 16
Views: 2422

Re: Travel- overwater bungalows

We stayed in one in Huahine-Nui French Polynesia for our honeymoon. It was a very small hotel and secluded. You could only get to the hotel by boat. We went in Feb. of 2003, and there were probably fewer than 10 guests at the hotel. We loved it. It was a tremendous experience.
by mhc
Fri Sep 14, 2018 2:59 pm
Forum: Personal Consumer Issues
Topic: New Light bulbs
Replies: 19
Views: 1851

Re: New Light bulbs

My favorites are GE Reveal 100W and 75W.