Search found 6691 matches

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: 43
Views: 1043

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: 8
Views: 660

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: 48
Views: 3214

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: 48
Views: 3214

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: 64
Views: 3498

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: 64
Views: 3498

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: 64
Views: 3498

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: 64
Views: 3498

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: 64
Views: 3498

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: 64
Views: 3498

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: 64
Views: 3498

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: 28
Views: 1835

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: 28
Views: 1835

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: 1100003

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: 19
Views: 1375

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: 4241

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: 4241

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: 1100003

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: 48
Views: 3214

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: 48
Views: 3214

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: 19
Views: 1375

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: 1965

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: 19
Views: 1375

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: 4241

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: 19
Views: 1375

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: 1004

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: 1965

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: 483

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: 8080

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: 7126

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 ...
by TomatoTomahto
Mon Nov 13, 2017 2:59 pm
Forum: Personal Consumer Issues
Topic: IPHONE 8, X
Replies: 39
Views: 1989

Re: IPHONE 8, X

I decided on the X for a couple of reasons, but it was a close call: I held my iPhone 6 up next to the X, and it wasn't much smaller. The available screen size on the X is larger, and eventually more apps will use the real estate. I've been wanting more screen real estate, but am not comfortable wit...
by TomatoTomahto
Mon Nov 13, 2017 9:17 am
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 121
Views: 7269

Re: Thoughts about wearing a "uniform"/same thing everyday?

Ray Donovan doesn’t even wear the same watch twice in a row! I’ve seen scenes where he pulls out a folded shirt in his closet, probably sent that way from the dry cleaners if they succeeded in removing the blood stains. I had to tell my kids that wearing a pair of jeans twice wasn’t a faux pas. Doin...
by TomatoTomahto
Mon Nov 13, 2017 8:51 am
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 121
Views: 7269

Re: Thoughts about wearing a "uniform"/same thing everyday?

I had a college professor that wore the same thing every day - literally. We could tell because the same chalk mark on his pants was there day after day. When I see someone wear the same clothes I always think of him and distance myself from the person in case the odor is foul. Pants aren't like sh...
by TomatoTomahto
Sun Nov 12, 2017 3:08 pm
Forum: Personal Consumer Issues
Topic: iPhone X - Any deals available?
Replies: 3
Views: 587

Re: Looking for iPhone X deals.

It’s probably tough to get deals when the phone is so new. I ordered one, full price, for 3-4 week delivery.
by TomatoTomahto
Sun Nov 12, 2017 9:06 am
Forum: Investing - Help with Personal Investments
Topic: To backdoor or not??
Replies: 7
Views: 710

Re: To backdoor or not??

My son has done “straight through” Roth for the past couple of years. Next year he will start at a full-time job after college, and his total compensation will be unknown until year-end. I’m recommending to him that he do a backdoor Roth. If it turns out to be an unnecessary step, c’est la vie, no h...
by TomatoTomahto
Sat Nov 11, 2017 10:17 am
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 121
Views: 7269

Re: Thouhgts about wearing a "uniform"/same thing everyday?

All these posts and I'm surprised no one has mentioned why this has become a thing. It's because of a phenomenon called decision fatigue (google it). The theory is you start the day with a tank of fuel to make decisions. Every decision you make uses up some fuel. By the end of the day/after having ...
by TomatoTomahto
Sat Nov 11, 2017 6:42 am
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 121
Views: 7269

Re: Thouhgts about wearing a "uniform"/same thing everyday?

All these posts and I'm surprised no one has mentioned why this has become a thing. It's because of a phenomenon called decision fatigue (google it). The theory is you start the day with a tank of fuel to make decisions. Every decision you make uses up some fuel. By the end of the day/after having ...
by TomatoTomahto
Fri Nov 10, 2017 7:01 pm
Forum: Personal Consumer Issues
Topic: Thoughts about wearing a "uniform"/same thing everyday?
Replies: 121
Views: 7269

Re: Thouhgts about wearing a "uniform"/same thing everyday?

I have two uniforms; one for very cold weather (long pants) and hot weather (shorts). I wear the same short sleeved shirts in both hot and cold, and the same wool socks. I very rarely wear anything else, but will for graduations. I have a half dozen or so instances of each uniform. I find it freeing...
by TomatoTomahto
Fri Nov 10, 2017 11:35 am
Forum: Personal Consumer Issues
Topic: Got an iPhoneX
Replies: 157
Views: 10825

Re: Got an iPhoneX

I am upgrading from an IPhone 5 (served me well, but really getting sloooow) to an IPhone X. Due to be delivered Mid-December. I ordered the 64GB version (rather than the 256GB). Right now I am only using 23GB of storage on my phone. I have an ICloud account that stores up to 50GB of photos on the ...
by TomatoTomahto
Thu Nov 09, 2017 6:23 pm
Forum: Investing - Help with Personal Investments
Topic: Annuity for winning the game
Replies: 39
Views: 3408

Re: Annuity for winning the game

I would get a good quality long term care insurance policy. Is there such a thing? I would think so. Why do you think there are not? I didn't say cheap. Clearly money is not a problem in this thread. If money isn’t a problem, why get LTCi? I think the horse left the barn on good LTCi policies.
by TomatoTomahto
Thu Nov 09, 2017 2:29 pm
Forum: Personal Consumer Issues
Topic: How to buy a new car with a trade-in.
Replies: 24
Views: 1508

Re: How to buy a new car with a trade-in.

In NJ, you pay sales tax on the net (I.e., new less trade in) cost of the car. That’s a savings of 7% if you trade it in at the place you’re buying from. That should be factored in.

ETA: posted after pshonore
by TomatoTomahto
Thu Nov 09, 2017 1:29 pm
Forum: Personal Consumer Issues
Topic: Home backup generator experiences
Replies: 51
Views: 2662

Re: Home backup generator experiences

My experience is that once you install it you will never need it..... We had a transfer switch installed and got a generator as a gift from family. Ever since then the longest the power has been out has been a couple of hours for which we usually just wait it out. We reserve the generator for a maj...
by TomatoTomahto
Thu Nov 09, 2017 1:03 pm
Forum: Personal Finance (Not Investing)
Topic: Interviewing at a former employer, should I give them my current salary when they ask?
Replies: 79
Views: 4271

Re: Interviewing at a former employer, should I give them my current salary when they ask?

In some cases it's harmless. They never would have paid what you were looking for anyways. I know what they can pay before I will even talk to them. If I don't it's not worth my time. Which is why employers should provide the salary range they are willing to pay when posting a job in the first plac...
by TomatoTomahto
Thu Nov 09, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Interviewing at a former employer, should I give them my current salary when they ask?
Replies: 79
Views: 4271

Re: Interviewing at a former employer, should I give them my current salary when they ask?

If you are not truthful, there could be consequence if they find out There are consequences if you don't. Namely you are out interviewing again in a few months and in a new job within a year or two. For that >20% they declined to pay you because you didn't make it clear that it wasn't optional. At ...
by TomatoTomahto
Thu Nov 09, 2017 7:24 am
Forum: Investing - Help with Personal Investments
Topic: How can I get my kids into Vanguard Primecap
Replies: 12
Views: 1562

Re: How can I get my kids into Vanguard Primecap

dbltrbl wrote:
Thu Nov 09, 2017 7:08 am
Just gift them 50-100 shares. Than they can buy up to 25000 dollars per year. As OP suggested call Vanguard or your representative.
If it works, they will be able to purchase $25k per account, not $25k total. I'm not sure that gifting the shares will work.
by TomatoTomahto
Wed Nov 08, 2017 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Trying to get interview/ strange turn, what to think?
Replies: 19
Views: 2414

Re: Trying to get interview/ strange turn, what to think?

ThIngs have really gone downhill with recruiting since I was in the workforce. My son found a wide variance in the professionalism, courtesy, and follow through of HR departments when he was applying for internships. I advised him to factor it into his assessment of the companies; anomalies occur, b...
by TomatoTomahto
Wed Nov 08, 2017 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Interviewing at a former employer, should I give them my current salary when they ask?
Replies: 79
Views: 4271

Re: Interviewing at a former employer, should I give them my current salary when they ask?

In some states, e.g. NY, they are not allowed to ask. I think that’s becoming more common. Is this a NY State thing? I thought it was only NYC (Signed in by the mayor). You might be right about that; DW has offices in NYC and NJ, prefers hiring in NJ :D ETA: I googled and you are right; I’m sorry f...
by TomatoTomahto
Wed Nov 08, 2017 11:50 am
Forum: Personal Finance (Not Investing)
Topic: Interviewing at a former employer, should I give them my current salary when they ask?
Replies: 79
Views: 4271

Re: Interviewing at a former employer, should I give them my current salary when they ask?

In some states, e.g. NY, they are not allowed to ask. I think that’s becoming more common.
by TomatoTomahto
Wed Nov 08, 2017 8:33 am
Forum: Personal Consumer Issues
Topic: What is the story with the Apple iWatch Series 3?
Replies: 26
Views: 1902

Re: What is the story with the Apple iWatch Series 3?

I can leave my phone and go for a run and still listen to music and receive texts/calls, all while my distance and heart rate are monitored. That's the only use we could figure out for my wife, who has an arm holster for her iPhone when running. She doesn't really need to receive texts and calls, b...