Search found 4667 matches

by btenny
Tue Jan 22, 2019 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed: wife seeking new job to escape megacorp hell
Replies: 44
Views: 3387

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

OP. Why has your wife not looked for a new job for the last 18 months? She got her MBA in June 2017, 18 months ago. Was all that work for fun? I am serious. What did she expect to do with that MBA? You spent a lot of money for that degree. Do you want to get some return? She knows claims adjusters d...
by btenny
Tue Jan 22, 2019 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed: wife seeking new job to escape megacorp hell
Replies: 44
Views: 3387

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

I agree HR is not your friend. BUT they are useful and in this case a necessary evil. You just have to use them carefully. They do keep pretty good records of all jobs at MegaCorp. And they are sort of the only place that has a list of who is hiring all across MegaCorp and for what. Yes word of mout...
by btenny
Tue Jan 22, 2019 6:10 pm
Forum: Personal Finance (Not Investing)
Topic: Help needed: wife seeking new job to escape megacorp hell
Replies: 44
Views: 3387

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

She needs to get a job somewhere else in the company (like a transfer) or at another company immediately. She needs to talk to the Manager of Human Resources (at her location or higher if that is possible) at the MegaCorp and tell them she wants a new better job that REQUIRES A MBA NOW. She needs to...
by btenny
Tue Jan 22, 2019 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 101
Views: 6635

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

Yes a lot of these stories are about "evil XYZ" relatives who come into our lives. But what can we do to stop these people from coercing and advising our wives or relatives to make bad decisions. I know my will and trust would not stop my wife from remarrying. I know she could spend all my estate an...
by btenny
Tue Jan 22, 2019 5:16 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 101
Views: 6635

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

Yes I second the rich old aunt/grandma stories. Beware of their jewelry and get it written down. I had a rich old aunt who wore a set of 3 caret diamond earrings and about a 4-5 caret solitaire diamond ring her while life. They were sports figure big stuff and showy by 2000 standards and this was 19...
by btenny
Tue Jan 22, 2019 4:54 pm
Forum: Personal Consumer Issues
Topic: Do you carry gas cans, mowers, string trimmers, etc in your car or SUV?
Replies: 19
Views: 992

Re: Do you carry gas cans, mowers, string trimmers, etc in your car or SUV?

I drive a Jeep Grand Cherokee. I haul 17 gallons of gas in three big cans several times a summer to fill up my boat with gas. It is about a 4 miles trip to the gas station. I save $2 per gallon doing this versus buying on the lake. I tie down the cans with a heavy rope to the back deck of the SUV so...
by btenny
Tue Jan 22, 2019 2:47 pm
Forum: Investing - Theory, News & General
Topic: How much international stock for U.S. retirees?
Replies: 10
Views: 673

Re: How much international stock for U.S. retirees?

I am having the same discussion with my self. I have owned Harbor International (HAINX) for 13 years. It used to be great active managed fund and it did great for 10 years. Then the manager died and it fell apart and the board changed a bunch of stuff. So I sold it early this month. But I have no id...
by btenny
Tue Jan 22, 2019 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.
Replies: 101
Views: 6635

Re: Has anyone see an inheritance not go as planned? I would like to hear stories from others of what can go wrong.

I have good friend who is younger and a"trust fund" baby. Here dad and uncle started and owned a big mid west manufacturing company. She grew up rich and privileged with her two sisters. Her mom passed away when she was a kid and her dad remarried. The step mom had two kids of her own and all the ki...
by btenny
Mon Jan 21, 2019 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: Afoot or on horseback?
Replies: 22
Views: 1522

Re: Afoot or on horseback?

What is the $186K "other" stuff? Is it investments or cash or cars or furniture or CDs or a savings account? A normal simple net worth table as follows would be helpful. Totals Investments in Stocks and Bonds and Savings Total investments in income real estate (and associated mortgages) Total invest...
by btenny
Mon Jan 21, 2019 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Afoot or on horseback?
Replies: 22
Views: 1522

Re: Afoot or on horseback?

No you cannot retire YET. Maybe in a few years. Please tell us in a short post what your total $$ expenses are per month, what you have in total invested $$ in all accounts and if you home is paid for. I see two major issues. The first issue is all this entanglement with Fidelity and Ameriprise. The...
by btenny
Mon Jan 21, 2019 10:52 am
Forum: Personal Finance (Not Investing)
Topic: Rent vs Own Assumptions
Replies: 46
Views: 2438

Re: Rent vs Own Assumptions

What is your PITI for the own case? Is is higher or lower than rent for a comparable home? Why are you assuming an investment return of 9% or more? That is way too optimistic. A more likely return is 6% at best and maybe only 4% from here going forward for 15 years. And as others have pointed out $1...
by btenny
Mon Jan 21, 2019 10:32 am
Forum: Investing - Help with Personal Investments
Topic: Emergency Savings
Replies: 24
Views: 1908

Re: Emergency Savings

I keep a little cash around and invest the rest of my "emergency" (and capital expense) fund in municipal bond funds like VWIUX. It pays 2.88% right now federal tax free. I can get the money with no penalty right from my computer. It takes about 5 minutes to move money to my checking account. It is ...
by btenny
Sun Jan 20, 2019 11:38 pm
Forum: Investing - Help with Personal Investments
Topic: So, I want to Retire - Help ?
Replies: 15
Views: 3254

Re: So, I want to Retire - Help ?

Gman. I actually retired in 1998. I used an investing adviser until 2003 until I found out the problems with that. I did not find Bogleheads or really buy into the indexing methods until about 2006. My records are not that precise. I just know I spent about 3.5% to 4% of my money every year. I also ...
by btenny
Sun Jan 20, 2019 10:59 pm
Forum: Investing - Help with Personal Investments
Topic: Asset allocation and risk evaluation for family with high equity income every year
Replies: 8
Views: 771

Re: Asset allocation and risk evaluation for family with high equity income every year

Are you holding big blocks of company stock from options or deferred compensation? How does that figure in your asset allocation and your investment plan? Given your big incomes and two young kids I think you need a big emergency and capital spending fund invested in Muni bond Mutual Funds. Think a ...
by btenny
Sun Jan 20, 2019 10:01 pm
Forum: Personal Consumer Issues
Topic: Is it wise to move from NewYorkCity to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather
Replies: 50
Views: 3685

Re: Is it wise to move from NewYorkCity to Sunnyvale CA, Lifestyle choice to be more outdoorsy - warm weather

The climate in Sunnyvale is cool to semi cold and wet during the winter from December to February. IT IS NOT WARM. Spring is February to May. Temps are cool and nice. Summers are great and warm but it does get hot for a few weeks spread over the whole summer. Fall is also nice. See graph below. http...
by btenny
Sun Jan 20, 2019 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Muni Bonds for large part of Bond allocation smart?
Replies: 20
Views: 1749

Re: Muni Bonds for large part of Bond allocation smart?

I think your use of muni is fine but that is counter to lots of advice on here. The issue is why you want munis in taxable. Do you just want to keep your taxes as low as possible now? I guess that is OK but there are trade offs. Are you going to use that money as income in your 50s to retire early? ...
by btenny
Sun Jan 20, 2019 6:54 pm
Forum: Investing - Help with Personal Investments
Topic: So, I want to Retire - Help ?
Replies: 15
Views: 3254

Re: So, I want to Retire - Help ?

Gman. Please look at the author numbers again. He has $2.9M saved for retirement and future spending. He has been a consultant for a long time. He probably is eligible for social security and medicare at 65. He can retire right now and only spend 3.1% of his funds or $90K per year to support his exp...
by btenny
Sun Jan 20, 2019 5:42 pm
Forum: Investing - Help with Personal Investments
Topic: So, I want to Retire - Help ?
Replies: 15
Views: 3254

Re: So, I want to Retire - Help ?

Yes you can retire IF your budget of $90K includes every thing you spend and paying taxes and paying medical insurance for all four of you. If not then you are spending too much and one of you needs to go to work to get medical insurance. How are you paying for college for your oldest? How much is t...
by btenny
Fri Jan 18, 2019 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Retire in 2 years. Advice for plan for withdrawals, Roth conversions & SS
Replies: 44
Views: 3964

Re: Retire in 2 years. Advice for plan for withdrawals, Roth conversions & SS

Can you take the $100K payout early? Say take $150K over three years? That should keep you below the IRMAA limits and still be in the 22% tax bracket. But make sure you stay below the $170K limit after adding dividends and other taxable investment income. And beware that muni bond interest is part o...
by btenny
Fri Jan 18, 2019 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Vaca car rental - commercial v 'personal'?
Replies: 4
Views: 301

Re: Vaca car rental - commercial v 'personal'?

Do you have some sort of contract that spells out who pays for towing and repairs should the need arise? Is it a lot cheaper or more convenient?

Good Luck.
by btenny
Thu Jan 17, 2019 10:21 am
Forum: Personal Consumer Issues
Topic: House Dillema
Replies: 12
Views: 1241

Re: How much do you care about housing?

You have a tough decision. You can afford to buy a new house or to remodel your current house. The remodel will be easier and lower cost. But unless you raise the ceilings and do an even bigger remodel it will always be and look like a remodel. I am pretty sure you will like a new dream house a lot ...
by btenny
Wed Jan 16, 2019 7:24 pm
Forum: Investing - Help with Personal Investments
Topic: Why are you NOT buying rental properties?
Replies: 221
Views: 16105

Re: Why are your NOT buying rental properties?

I do not own any rental properties any longer. I made good money with them when I was younger and willing to put in time taking care of them and painting and cleaning. After 10 years of hard work I sold most of them. I was just too busy with my career and kids. I thought about buying back into bigge...
by btenny
Wed Jan 16, 2019 6:09 pm
Forum: Investing - Theory, News & General
Topic: John Bogle has died at age 89
Replies: 852
Views: 44814

Re: John Bogle is dead at 89

Rest in peace good fellow. You have earned a place in heaven by teaching us all how to live and invest wisely. Condolences to the Bogle family. Thank you for sharing his greatness.
by btenny
Wed Jan 16, 2019 11:00 am
Forum: Investing - Help with Personal Investments
Topic: RMD & dividends
Replies: 7
Views: 515

Re: RMD & dividends

It might be slightly cheaper tax wise to take the RMD before year end dividends and capital gains are paid out. Ordinary dividends in your RMD will be taxed the same if taken late or early so that is a wash. But any qualified dividends and any capital gains paid out at year end will be taxed at lowe...
by btenny
Wed Jan 16, 2019 10:49 am
Forum: Personal Finance (Not Investing)
Topic: HELP and advice
Replies: 11
Views: 701

Re: HELP and advice

I suggest you stay cautious and pass on the home for now. There will be other houses and other choices in the future. Taking on a giant mortgage and a fixer home so early in your career seem like a bad idea to me. It would weld you to one spot and one job and one lifestyle. Plus that fixer thing wil...
by btenny
Tue Jan 15, 2019 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Screwed myself on salary negotiations, how do I get past this?
Replies: 25
Views: 2592

Re: Screwed myself on salary negotiations, how do I get past this?

Stop worrying about the money. There are tons if issues with a new job. In fact it is usually a good idea to leave a little salary room in new hire situations. That way the company is not looking for home run performance in the first 30 days. Plus if you do well there is room for nice raise after a ...
by btenny
Tue Jan 15, 2019 12:00 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Group holds about $415 million of municipal bonds issued on behalf of PG&E Corp.
Replies: 11
Views: 2532

Re: Vanguard Group holds about $415 million of municipal bonds issued on behalf of PG&E Corp.

This fire is not the first catastrophe that PG&E has caused. Their gas division blew up an old pipeline in San Bruno back in 2010 and killed a bunch of people and blew up a ton of houses. The company had neglected and forgot about the pipeline for decades and were found liable. This time they caused...
by btenny
Mon Jan 14, 2019 9:55 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone ever filed an unpaid wage claim against employer?
Replies: 7
Views: 971

Re: Anyone ever filed an unpaid wage claim against employer?

Never for me but my brother in law did. His boss at a small company just did not pay him and kept working contracts and so forth. So after a while my BIL quit and kept asking for his back pay. So after about a year he filed a claim at Labor relations (some govt office) and with his union. After some...
by btenny
Mon Jan 14, 2019 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: Help me pick a retirement date. Or enough is enough?
Replies: 33
Views: 4150

Re: Help me pick a retirement date. Or enough is enough?

Can you give us some insight into your Corporation pension plan and how well it is funded and how it might change in the future? Can you spread this risk by taking a lump sum or an annuity from a insurance company for part of the pension? Can your wife take spousal SS on your account at 62? Is this ...
by btenny
Mon Jan 14, 2019 7:14 pm
Forum: Personal Consumer Issues
Topic: Winter Getaway adventure trip recommendations
Replies: 13
Views: 768

Re: Winter Getaway adventure trip recommendations

The only place where it is always warm for all of February is Miami and southern Florida. February is a shoulder month for the southwest US including Phoenix. It may be cold (35-55) during the first days of February or warm to the middle 70s. It is unpredictable. But the rest of February is great wi...
by btenny
Mon Jan 14, 2019 1:28 pm
Forum: Personal Finance (Not Investing)
Topic: Getting a Mortgage when You can Pay Cash for a House
Replies: 162
Views: 8691

Re: Getting a Mortgage when You can Pay Cash for a House

Do the math using Turbo Tax for the new rules to forecast your taxes for your situation and make sure you consider all your deductions. Guess what you can earn for the invested money. With the old tax rules you could make about $1K to $2K per year or slightly more by taking a modest mortgage and inv...
by btenny
Mon Jan 14, 2019 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement portfolio
Replies: 14
Views: 1406

Re: Retirement portfolio

I solved part of this by asking my wife to "take over" most of the bill paying task about 14 years ago. I did this so she would know how to manage stuff if something happened to me. It was tough at first but she has done OK for years. She uses Quicken to keep track of checks and all the money in her...
by btenny
Mon Jan 14, 2019 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Retirement portfolio
Replies: 14
Views: 1406

Re: Retirement portfolio

How many accounts do you hold and how do you withdrawn $$ regularly and for RMDs and so forth. I think those details will drive how best to set up you asset allocation real simple so your wife can handle things. Plus if you withdraw money and close some accounts to simplify, what are the tax implica...
by btenny
Sun Jan 13, 2019 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3690

Re: Company relocating and not interested - next steps ?

I mentioned RVs as housing alternative for a good reason. They can be great for single people or couples to live in part time and they are low cost. I have a good friend who bought a nice 40 foot class A motor home to live in while he worked in the Bay area. His space rent and RV payment was less th...
by btenny
Sun Jan 13, 2019 1:22 pm
Forum: Personal Finance (Not Investing)
Topic: Took on too much mortgage, seeking advice on where to put money going forward
Replies: 46
Views: 5248

Re: Took on too much mortgage, seeking advice on where to put money going forward

Find a good roommate to pay part of the mortgage. Charge him/her say $715 per month. So then net mortgage is now $2000. Problem solved.

Good Luck.
by btenny
Sun Jan 13, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Another Home Affordability Thread
Replies: 31
Views: 3607

Re: Another Home Affordability Thread

I am sorry but I think you will make a huge mistake buying that big a house right no w. That is just too big a jump from your present home and lifestyle. I am an old guy who has raised kids and already downsized so I have seen the various phases of life. Yes you need more space for your kids and rig...
by btenny
Sat Jan 12, 2019 11:49 am
Forum: Personal Finance (Not Investing)
Topic: How Long Should I Keep Financial Records of Deceased Relatives
Replies: 20
Views: 1428

Re: How Long Should I Keep Financial Records of Deceased Relatives

I really do not know but the internet (how accurate???) says 3 years is good enough for most stuff but 7 years worst case. So I say 7 years should be totally safe. https://www.google.com/search?rlz=1C1CHBD_enUS689US689&ei=9Rg6XODTEYmT0PEPvP-0gAQ&q=income+tax+record+time+for+estate&oq=income+tax+reco...
by btenny
Fri Jan 11, 2019 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3690

Re: Company relocating and not interested - next steps ?

There is another view of this move. Your bosses. He is looking for someone to get in front of this move and get over to the new place and get the people working. If you are not going to take that task he'/she will find someone else to do it. And fast. I bet if you do not take the job your boss will ...
by btenny
Fri Jan 11, 2019 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Company relocating and not interested - next steps ?
Replies: 48
Views: 3690

Re: Company relocating and not interested - next steps ?

Move but don't move. Confusing yea. But I think you need to agree to move and work at the new location. Get as many details on what the company will pay you to move. Ask for extra pay to move. How will they cover moving expenses? Will they increase your salary? Will they give you some guaranteed med...
by btenny
Fri Jan 11, 2019 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Owning a house vs rent for me [Foriegner living in US - Singapore Citizen]?
Replies: 5
Views: 291

Re: Owning a house vs rent for me ?

Welcome to Bogleheads. Hope we can help you a little. I think you need to keep renting a house or apartment until you get your GC and your wife gets her GC. Without that you are both at risk of needing or wanting to move back. Plus you are not likely to get good terms on a mortgage and may not even ...
by btenny
Fri Jan 11, 2019 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Life transition, what's next
Replies: 25
Views: 3193

Re: Life transition, what's next

I think you are doing great overall right now. You are living low cost. You are covering your bills. And life seems to be OK but complicated as normal for most of us. The issue is you need to keep working at HD for 3-4 more years until you reach full retirement age. Then take your Social Security wh...
by btenny
Fri Jan 11, 2019 11:46 am
Forum: Personal Finance (Not Investing)
Topic: Safe withdrawal rate to pay for housing expenses
Replies: 13
Views: 951

Re: Safe withdrawal rate to pay for housing expenses

I suspect this whole debate is for naught. I do not think you can get that big a loan. I do not think your mortgage provider will finance a loan based on RSU income. So I suggest you change your plan and figure out how big a down payment you want to make. Are you willing to spend $800K of your cash ...
by btenny
Thu Jan 10, 2019 12:06 pm
Forum: Personal Consumer Issues
Topic: Cleaning Car Battery Terminals
Replies: 26
Views: 1556

Re: Cleaning Car Battery Terminals

Use an old toothbrush to clean the terminals along with water and baking soda or coke. Make sure the car is parked off your drive way on the dirt as the water dripping out from this process is dirty and caustic. Use a lot of water after everything is clean to wash off all the coke and baking soda. T...
by btenny
Wed Jan 09, 2019 4:17 pm
Forum: Personal Consumer Issues
Topic: Advice for moving from urban to rural ~ real estate issues?
Replies: 10
Views: 757

Re: Advice for moving from urban to rural ~ real estate issues?

Well my suggestion is do not sell your city house right away. Go to the places you might want to move and rent a place there for 6 months and see how you like it. Then come home to the big city. You might find small town life is not so easy or right for you. But you might also love it and come back ...
by btenny
Wed Jan 09, 2019 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Diagnosing Knee Problems over the Phone - Medicare
Replies: 119
Views: 5044

Re: Diagnosing Knee Problems over the Phone - Medicare

I have found good orthopedic doctors are very busy and have tons of work. So their staff screens patients and limit new patients to referrals from other Docs they know and other hospitals etc.. So cold call requests to get an appointment may not work. Plus Docs in general are not happy with the low ...
by btenny
Wed Jan 09, 2019 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: Is buying a $700K first home crazy?
Replies: 70
Views: 7310

Re: Is buying a $700K first home crazy?

I don't know about you but I would be really bothered by paying $4K per month to buy a modest sized townhouse. That just seems like big $$$ to me versus space. I am bothered by the risk of property values going down in the short to medium term time frame. Prices are very high right now. How would yo...
by btenny
Wed Jan 09, 2019 12:18 pm
Forum: Personal Consumer Issues
Topic: Car Battery
Replies: 48
Views: 3149

Re: Car Battery

Be aware that many Mercedes cars and SUVs have two batteries. One up front and one in the trunk or other place. Is these cars working on the battery is more difficult and should be left to your mechanic. See below. http://bestride.com/research/car-doctor/car-doctor-qa-why-does-my-mercedes-benz-have-...
by btenny
Wed Jan 09, 2019 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Is buying a $700K first home crazy?
Replies: 70
Views: 7310

Re: Is buying a $700K first home crazy?

No it is not crazy to want to buy a $700K first home. Yes you can afford the house and the payments. BUT can you really get a nice home that you like in your VCOL area? I bet that this price point does not yield that great a house or location. So you will be spending big $$ for what? Thus the real i...
by btenny
Tue Jan 08, 2019 5:24 pm
Forum: Personal Consumer Issues
Topic: Car Battery
Replies: 48
Views: 3149

Re: Car Battery

Unhook the positive cable and move it away so it does not touch the battery. Most standard car batteries will maintain a charge when stored like this for 3 months or so. Then when you get back home you just hook the battery up to the car and it should start. Make sure you let the car run at slow idl...
by btenny
Tue Jan 08, 2019 5:04 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance when I have heart disease
Replies: 13
Views: 1067

Re: Life insurance when I have heart disease

Do you need to give your wife some $$ protection if you pass away at say 65? Maybe something to supplement her SS. In that case your wife will only have one SS check and your savings. So is that enough to last her until she is 90 or older? I suspect many here need to have a some amount of life insur...