Search found 6711 matches

by TomatoTomahto
Thu Nov 23, 2017 8:58 am
Forum: Personal Consumer Issues
Topic: Public or Montessori Private School
Replies: 35
Views: 1833

Re: Public or Montessori Private School

Anyway, life continues...and she graduated college this May. Double major--elementary ed./bilingual ed., and she's teaching English language learners. So clearly there was something there, even when she was very young. Yeah, she won't get rich or famous, but she'll tell you she's got her dream job-...
by TomatoTomahto
Wed Nov 22, 2017 10:43 pm
Forum: Personal Consumer Issues
Topic: Making collegebound Kid Financially Savvy Questions..
Replies: 25
Views: 1101

Re: Making collegebound Kid Financially Savvy Questions..

2 sons: One is 2 years younger than the other. Wasn’t budget aware, and we have had to direct his thinking by making him live off his summer earnings during the school year. It’s artificial, in that we subsidized his R&B during the summer, but he is learning that with $x to last for y weeks, he can’...
by TomatoTomahto
Wed Nov 22, 2017 3:37 pm
Forum: Personal Consumer Issues
Topic: Making collegebound Kid Financially Savvy Questions..
Replies: 25
Views: 1101

Re: Making collegebound Kid Financially Savvy Questions..

We opened a BoA account for DS with an ATM card. As near as I can tell, he’s used an ATM once in almost 4 years. The account is useful for him to have Direct Deposit for his on-campus and internship money, but he doesn’t keep much of a balance there. Kids use Venmo to send and receive payments. They...
by TomatoTomahto
Wed Nov 22, 2017 1:42 pm
Forum: Personal Consumer Issues
Topic: Public or Montessori Private School
Replies: 35
Views: 1833

Re: Public or Montessori Private School

I posted this a few years ago. People are probably sick of me recommending Montessori, but my wife credits her Montessori schooling for her very successful career (more than her Seven Sisters college or MBA). I can't quantify the extent to which our kids' success is due to Montessori, but I can tell...
by TomatoTomahto
Tue Nov 21, 2017 5:20 pm
Forum: Investing - Theory, News & General
Topic: Is holding bonds now dangerous?
Replies: 140
Views: 10257

Re: Is holding bonds now dangerous?

One last point. While I don't view bonds as attractive now I am also worried about stocks. And I also think that there is no rule that there must always be a good investment option available, it is possible that all options are bad. Given the uncertainty in the stock and bond market I think holding...
by TomatoTomahto
Tue Nov 21, 2017 9:16 am
Forum: Investing - Help with Personal Investments
Topic: Roth Savings
Replies: 3
Views: 370

Re: Roth Savings

@nick2302, yes, do the backdoor Roth for your non-employer provided savings. At your income level, I’d do Traditional for any employer-provided savings. If you heard that Roth was unavailable to you from a CPA you employ, I’d consider getting a new one. There was a time, not that many years ago, whe...
by TomatoTomahto
Mon Nov 20, 2017 9:54 pm
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 101
Views: 6044

Re: Tesla truck unveil

@gougou, I love the cars (own a Model X), but don’t own anything more than Tesla’s proportional part of TSM.
by TomatoTomahto
Mon Nov 20, 2017 10:46 am
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 102
Views: 10633

Re: The valet smashed my Tesla into a brick wall!

I would buy another car IF the repair were to take months, but not otherwise. If it will be a 3 week repair, why would I then have to deal with selling the old car, and it might well take longer than that to get the new car delivered. So, visualguy, while I understand the sentiment, in practice I’d ...
by TomatoTomahto
Sun Nov 19, 2017 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth Guidance
Replies: 5
Views: 488

Re: Backdoor Roth Guidance

Is there any way to do this without moving the money out of my Traditional IRA? Not without pro-rate tax consequences. Make sure that you have the balance at $0 in your tIRA before 12/31 of this year. You can do a backdoor Roth until 4/15 of next year for tax year 2017 (or until you file your retur...
by TomatoTomahto
Sun Nov 19, 2017 9:34 pm
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 102
Views: 10633

Re: The valet smashed my Tesla into a brick wall!

sergeant wrote:
Sun Nov 19, 2017 9:14 pm
Valet mode keeps it below 70 mph. I bet the valet got it close to max. :shock:
Valet mode also limits acceleration, so it might not have been that fast. Still, apparently more than the kid could handle.
by TomatoTomahto
Sun Nov 19, 2017 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 102
Views: 10633

Re: The valet smashed my Tesla into a brick wall!

I think Tesla is somewhat unique in that demand far outstrips production. There could be a very long wait before a new one becomes available. OP - how long were you on the waiting list for your car? I’m not the OP, but I put my deposit down and then waited 2.5 years for my Model X (VIN 2xx). Howeve...
by TomatoTomahto
Sun Nov 19, 2017 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 102
Views: 10633

Re: The valet smashed my Tesla into a brick wall!

DanMahowny wrote:
Sun Nov 19, 2017 4:40 pm
Been waiting to see if anyone would say it first, but . . . . .

I'm not buying this story. I call BS.
Why aren’t you buying it?
by TomatoTomahto
Sun Nov 19, 2017 4:31 pm
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 102
Views: 10633

Re: The valet smashed my Tesla into a brick wall!

Some people have asked about Tesla valet mode. This link is somewhat dated, but it gives some idea of what it does https://www.teslarati.com/depth-look-valet-mode-tesla-model-s/ I’ve had my car 1.5 years. I let my kids drive it, but have yet to have a valet touch it. Tesla, when doing service, of co...
by TomatoTomahto
Sun Nov 19, 2017 4:09 pm
Forum: Investing - Theory, News & General
Topic: Question about Vanguard Total Bond Market ETF (BND)
Replies: 8
Views: 905

Re: Question about Vanguard Total Bond Market ETF (BND)

The Vanguard Total Bond Market ETF (BND) is the standard for the Three-fund portfolio. But I was wondering why it is used when it is so heavily weighted towards US government bonds. Right now, it is just over 63% US government bonds. My real question: Why there isn't more of an emphasis on corporat...
by TomatoTomahto
Sun Nov 19, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 102
Views: 10633

Re: The valet smashed my Tesla into a brick wall!

tibbitts wrote:
Sun Nov 19, 2017 3:49 pm
You never know what would have happened if you had parked elsewhere yourself. The last time I self-parked my car in a commercial parking, it was shot at (and hit.) Sometimes you can't win.
Remind me not to go out to dinner with you. Glad it was only your car. :oops:
by TomatoTomahto
Sun Nov 19, 2017 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 102
Views: 10633

Re: The valet smashed my Tesla into a brick wall!

I too am curious if Tesla does not have automatic brake activation for frontal impact. Does it even have collision warning? Yes, it does, but it can’t override the laws of physics. Neither can it override some idiot on a joy ride. I would not be surprised if brakes were auto-applied before the coll...
by TomatoTomahto
Sun Nov 19, 2017 10:43 am
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 102
Views: 10633

Re: The valet smashed my Tesla into a brick wall!

hicabob wrote:
Sun Nov 19, 2017 10:39 am
Condolences - I thought Model S's had forward collision detection? A valet mode for the car might be a good idea.
There is valet mode, but it doesn’t guarantee no accidents.
by TomatoTomahto
Sun Nov 19, 2017 9:06 am
Forum: Personal Finance (Not Investing)
Topic: The valet smashed my Tesla into a brick wall!
Replies: 102
Views: 10633

Re: The valet smashed my Tesla into a brick wall!

Archimedes, I don’t have any information for you, but boatloads of sympathy. That sucks so much! Get your insurance company involved. At one of our restaurants that we go to often, I drop the family off, skip the “free” valet parking, and drive a half block or so to park myself. I have sometimes fel...
by TomatoTomahto
Sun Nov 19, 2017 8:16 am
Forum: Personal Finance (Not Investing)
Topic: Why I am not happy even with OK Net Asset
Replies: 38
Views: 3583

Re: Why I am not happy even with OK Net Asset

but still not happy with my progress and do not feel any financially independence. Because you feel something is lacking in life or because you compare to the other Bogleheads? Comparing yourself to anyone on this board can either lead to motivation or depression. Many of the people on here have be...
by TomatoTomahto
Sat Nov 18, 2017 9:22 pm
Forum: Personal Consumer Issues
Topic: BMW to Chevy Bolt?
Replies: 30
Views: 2330

Re: BMW to Chevy Bolt?

Pulled the trigger today. Got a $15.5k check from carmax. Then went to Chevy, 0 down 0 drive off, didn't even pay a cent, and they paid for my first month. 2017 Bolt LT with 2 packages and tinted, sticker price of $40k, 35 payments of $317 for 15k miles per year. This car rocks!! I enjoy driving it...
by TomatoTomahto
Sat Nov 18, 2017 9:48 am
Forum: Investing - Help with Personal Investments
Topic: Do you include the sale of your home as part of your retirement planning?
Replies: 75
Views: 3379

Re: Do you include the sale of your home as part of your retirement planning?

I use ESPlanner, and it includes it, accounting for the expenses associated with a sale. My usual scenario includes purchasing a home nearly as expensive, but in a state with a lower tax situation (RE and income).
by TomatoTomahto
Sat Nov 18, 2017 9:30 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth - should we do it?
Replies: 9
Views: 951

Re: Backdoor Roth - should we do it?

My wife contributes to a Backdoor Roth. We made the effort to clear out tIRA in order to facilitate this. It's not a large percentage of what we "put away" each year, but some day we will be glad that we did. There are benefits to having tax diversification in your retirement assets. I wouldn't leav...
by TomatoTomahto
Sat Nov 18, 2017 7:16 am
Forum: Personal Finance (Not Investing)
Topic: Help with Understanding How to Handle Bonus
Replies: 51
Views: 3943

Re: Help with Understanding How to Handle Bonus

If you are W2 employee, than all the tax payments will be taken care off for you at the moment of payout of the bonus, so there is no (additional) 1k tax liability in April....you will just get a lot less than the 36k on the actual paycheck - I usually plan for 2/3 of the amount of any bonus and it...
by TomatoTomahto
Sat Nov 18, 2017 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Help with Understanding How to Handle Bonus
Replies: 51
Views: 3943

Re: Help with Understanding How to Handle Bonus

Don't get in the habit of pushing off saving for retirement until "later". That is unfortunately what too many people do and then they wake up when they hit 40, 45, or 50 and start to panic about how (or if) they can afford to retire. In the meantime they have become the victims of life style creep...
by TomatoTomahto
Fri Nov 17, 2017 4:55 pm
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 101
Views: 6044

Re: Tesla truck unnveil

But what I really want are all electric Tesla (or any other brand for that matter) buses, especially tour buses. Have you ever been stuck in heavy traffic on two lane road behind diesel exhaust spewing large bus and couldn’t pass and had to breathe the fumes? Ought to be a law. One of my favorite f...
by TomatoTomahto
Fri Nov 17, 2017 11:22 am
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 101
Views: 6044

Re: Tesla truck unnveil

My wife, who has not wanted a Model S or X (or a semi, for that matter), is intrigued by the new Roadster. Range is plenty, and if we can learn to fold ourselves into and out of it, she’s game. Last kid should be out of college by the time it’s available. It would be a wonderful retirement present ...
by TomatoTomahto
Fri Nov 17, 2017 9:32 am
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 101
Views: 6044

Re: Tesla truck unnveil

Thanks for posting this and the other videos. Plaid lives!
by TomatoTomahto
Fri Nov 17, 2017 9:21 am
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 101
Views: 6044

Re: Tesla truck unnveil

The Roadster stats are unbelievable. Very cool looking and I was waiting for the rear seat description to compare to a 911 or Evora as either would be fitting comparisons. (aka, put your 4 year old back there or more likely, strap in a bag of groceries). Rumors are that the roadster price starts at...
by TomatoTomahto
Fri Nov 17, 2017 9:03 am
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 101
Views: 6044

Re: Tesla truck unnveil

4nursebee wrote:
Fri Nov 17, 2017 8:57 am
JB Hunt has reserved some trucks already.
Meijer grocer in Detroit ordered four.
Wow.
There are some shorts and “over my dead body” opponents of Tesla, many present on BH, and fwiw, they might be right in the end. I prefer the optimistic viewpoint.
by TomatoTomahto
Fri Nov 17, 2017 9:00 am
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 101
Views: 6044

Re: Tesla truck unnveil

My wife, who has not wanted a Model S or X (or a semi, for that matter), is intrigued by the new Roadster. Range is plenty, and if we can learn to fold ourselves into and out of it, she’s game. Last kid should be out of college by the time it’s available. It would be a wonderful retirement present f...
by TomatoTomahto
Fri Nov 17, 2017 7:03 am
Forum: Personal Consumer Issues
Topic: Tesla truck unveil
Replies: 101
Views: 6044

Re: Tesla truck unnveil

The Roadster sounds like a beast. 0-60 in 1.9 seconds. 620 mile range, 200 kWh battery.

I hope the truck does well. Around here, semi trucks are responsible for lots of fatalities and road closures.
by TomatoTomahto
Thu Nov 16, 2017 5:38 pm
Forum: Personal Consumer Issues
Topic: BMW to Chevy Bolt?
Replies: 30
Views: 2330

Re: BMW to Chevy Bolt?

And that, ladies and gentlemen, is what makes horse races :D
by TomatoTomahto
Thu Nov 16, 2017 5:16 pm
Forum: Personal Consumer Issues
Topic: BMW to Chevy Bolt?
Replies: 30
Views: 2330

Re: BMW to Chevy Bolt?

We worry that EVs have insufficient range. But we also worry that we may drive them too many miles in a year :? :? OP has not mentioned the BMW i3, but that might be a better choice from a seat/ interior finish viewpoint? (however, less range?). I agree with this sentiment. 2015 i3 RExs coming off ...
by TomatoTomahto
Thu Nov 16, 2017 5:00 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102484

Re: U.S. stocks in freefall

Still an accumulator, but approaching the end. Otoh, DS is beginning his accumulation, and I’d like him to get a sense for what a sharp drop feels like. He’s got enough now ($xxk) that he will feel it. He knows, by reading, that volatility goes both ways, but that’s something you have to experience...
by TomatoTomahto
Thu Nov 16, 2017 12:34 pm
Forum: Investing - Help with Personal Investments
Topic: Bond fund in a ROTH
Replies: 28
Views: 2189

Re: Bond fund in a ROTH

Wait wait wait, so the general guideline is to put taxable bonds in a tax-advantaged account if it's a tIRA or 401K but not a Roth? What about the following situation: 1) 401K only decent fund option is an index 500 fund ER .21%, all bond options are 70+bp 2) Roth space available at Vanguard 3) Tax...
by TomatoTomahto
Thu Nov 16, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Fair way to split expenses?
Replies: 105
Views: 4494

Re: Fair way to split expenses?

The response to this thread appears to be dependent on whether you are in a first or second marriage (or third and greater) and with children from previous marriages. Commingling finances can get complicated in those situations. It is probably more important to be on the same page with spending and...
by TomatoTomahto
Thu Nov 16, 2017 10:27 am
Forum: Personal Finance (Not Investing)
Topic: Fair way to split expenses?
Replies: 105
Views: 4494

Re: Fair way to split expenses?

A paycheck or other income is only one way of contributing to the family finances. I'm glad that my partner recognizes my other contributions. I know women who would love to have a second child, or spend more time with the child they have, but their husband insists that they "pull their own weight,...
by TomatoTomahto
Thu Nov 16, 2017 8:55 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1102484

Re: U.S. stocks in freefall

Still an accumulator, but approaching the end. Otoh, DS is beginning his accumulation, and I’d like him to get a sense for what a sharp drop feels like. He’s got enough now ($xxk) that he will feel it. He knows, by reading, that volatility goes both ways, but that’s something you have to experience ...
by TomatoTomahto
Thu Nov 16, 2017 8:48 am
Forum: Personal Finance (Not Investing)
Topic: Help with Understanding How to Handle Bonus
Replies: 51
Views: 3943

Re: Help with Understanding How to Handle Bonus

IMO, forget your tax bracket. It’s a marginal bracket, not effective bracket, unless there are phase outs that you’re affected by.

Ditto to forgetting about withholding. It’s what you pay that matters, not what gets withheld (as long as it’s sufficient).
by TomatoTomahto
Thu Nov 16, 2017 8:47 am
Forum: Personal Finance (Not Investing)
Topic: Help with Understanding How to Handle Bonus
Replies: 51
Views: 3943

Re: Help with Understanding How to Handle Bonus

I’m usually a big proponent to paying off a mortgage, student debt, etc., even if it is not 100% financially sound, because IMO there are few feelings better than not owing anyone money. In your case, though, I’d put the max in whatever tax advantaged space available. That space won’t be available a...
by TomatoTomahto
Thu Nov 16, 2017 8:29 am
Forum: Investing - Help with Personal Investments
Topic: Bond fund in a ROTH
Replies: 28
Views: 2189

Re: Bond fund in a ROTH

I believe the prevailing wisdom here is that it always makes sense to hold bonds and bond funds in tax advantaged accounts as they are by nature tax inefficient. Yes, but generally, I think, it’s bonds in tax -deferred (tIRA, 401k, etc.) and equities in tax -free Roth. PRIMECAP goes into the Roth, ...
by TomatoTomahto
Thu Nov 16, 2017 7:54 am
Forum: Personal Finance (Not Investing)
Topic: How much to charge for nanny services on New Year's Eve?
Replies: 29
Views: 2006

Re: How much to charge for nanny services on New Year's Eve?

Our experience has been that folks can only afford so much and that it varies quite a bit. My wife is flexible with what she charges because of the differing ability to pay. Of course this is all within reason. This is all to say that $17.50/hour is the most she has ever been paid for a full time p...
by TomatoTomahto
Thu Nov 16, 2017 7:48 am
Forum: Investing - Help with Personal Investments
Topic: Bond fund in a ROTH
Replies: 28
Views: 2189

Re: Bond fund in a ROTH

I believe the prevailing wisdom here is that it always makes sense to hold bonds and bond funds in tax advantaged accounts as they are by nature tax inefficient. Yes, but generally, I think, it’s bonds in tax -deferred (tIRA, 401k, etc.) and equities in tax -free Roth. PRIMECAP goes into the Roth, ...
by TomatoTomahto
Thu Nov 16, 2017 5:58 am
Forum: Personal Finance (Not Investing)
Topic: Fair way to split expenses?
Replies: 105
Views: 4494

Re: Fair way to split expenses?

Write down what you think is fair on piece of paper. Have your wife do the same. Then take a match and burn your paper. Use her paper to decide how to split the expenses. Anybody who is married over 30 years will agree with me. Wow! Speaking as a wife, I would never expect my husband to placate me ...
by TomatoTomahto
Thu Nov 16, 2017 5:51 am
Forum: Investing - Help with Personal Investments
Topic: Bond fund in a ROTH
Replies: 28
Views: 2189

Re: Bond fund in a ROTH

I guess if you’re 100% bonds, but other than that, I can’t imagine putting bonds in my very limited Roth space.
by TomatoTomahto
Wed Nov 15, 2017 10:09 pm
Forum: Investing - Help with Personal Investments
Topic: Which Bonds for Taxable Account?
Replies: 10
Views: 1057

Re: Which Bonds for Taxable Account?

We are also in 39.6% bracket and in N.J. I have most of our bonds in tax deferred space. For taxable bonds, I just use Intermediate term tax free. I don’t see the need for international or other durations. As far as living off dividends, I can live off anything that can convert to cash. Total return...
by TomatoTomahto
Wed Nov 15, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: How much to charge for nanny services on New Year's Eve?
Replies: 29
Views: 2006

Re: How much to charge for nanny services on New Year's Eve?

Double time: $35/hour. Paid in advance in cash. No refunds. She has to get home with drunks on the road.

The alternative is to prepare for her closeup on Judge Judy.
by TomatoTomahto
Wed Nov 15, 2017 3:02 pm
Forum: Investing - Theory, News & General
Topic: Benefits of a FIFO world versus Tax Harvesting world
Replies: 5
Views: 526

Re: Benefits of a FIFO world versus Tax Harvesting world

Let me add a complication: Perhaps in a FIFO world, I would transfer-in-kind old shares with gains to another financial institution leaving me with the newer shares with losses in place for tax-loss harvesting. Oh no! Then there would be endless questions about the break-even point of Investor vs A...
by TomatoTomahto
Wed Nov 15, 2017 6:32 am
Forum: Personal Consumer Issues
Topic: Buy iPhone 7 or Wait for iPhone 8
Replies: 57
Views: 8131

Re: Buy iPhone 7 or Wait for iPhone 8

I have the 6s+. I upgrade exclusively for the camera. However, I'm realizing that while great for sunny days, camera phones aren't great for indoor duty. I'm taking the $900 and instead buying a mirrorless compact camera - sony rx100V I think - something bridging the iPhone and my great but clunky ...
by TomatoTomahto
Tue Nov 14, 2017 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: Personal letters to the sellers of your house can work!!!
Replies: 72
Views: 7267

Re: Personal letters to the sellers of your house can work!!!

Helps to understand everyone's motivations. Sometimes sellers have an emotional attachment to their home. They have good memories with family and friends. They raised their kids in the house and want to see someone else do the same. Their neighbors are friends and want someone who is active in the ...