Search found 457 matches

by TheOscarGuy
Thu May 24, 2018 6:08 am
Forum: Investing - Help with Personal Investments
Topic: Mega backdoor Roth to Roth 401k or Roth IRA
Replies: 8
Views: 562

Re: Mega backdoor Roth to Roth 401k or Roth IRA

My wife’s 401k plan allows her to make unmatched after-tax contributions in addition to the matched pre-tax contributions that are limited to $18,500. These after-tax contributions can then be converted either to a Roth 401k within the same plan, or to external Roth and Traditional IRAs for contrib...
by TheOscarGuy
Mon May 21, 2018 6:02 am
Forum: Personal Consumer Issues
Topic: Re: done with Gmail
Replies: 96
Views: 9783

Re: done with Gmail

fastmail is what I have used for several years now. It is flawless, I miss some of the more advanced search options I had in gmail. But otherwise, its pretty good.
by TheOscarGuy
Sat May 19, 2018 5:24 am
Forum: Personal Finance (Not Investing)
Topic: What’s your phone/internet bill?
Replies: 92
Views: 5540

Re: What’s your phone/internet bill?

I am paying $29 for internet.
I am too afraid to say how much I am paying for cellphone plan as I am on one of the larger cellular networks ($$). I am hoping I will pick some suggestions in this thread to switch :D
by TheOscarGuy
Mon Apr 23, 2018 4:04 am
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 244
Views: 29404

Re: How old are you and how much do you save for retirement a year

Cycle wrote:
Thu Apr 19, 2018 8:53 pm
34, spouse and I save $160-175k usd per year for retirement/misc savings on ~290k income from two full time jobs and rental income from one unit in a duplex we owner occupy. no debt. $1.2m net worth.
That is an awesome savings rate considering you have to pay taxes on the 290k income. Impressive!
by TheOscarGuy
Wed Apr 04, 2018 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-
Replies: 136
Views: 10799

Re: This-millennial-couple-is-saving-150000-a-year-and-plans-to-retire-by-2029-heres-how-they-

Sounds like they should start a business promoting a frugal lifestyle and then make a lot of money off it while claiming to not be working. :D I see what you did there. I think it is hard from outside to judge whether this is really a lifestyle change forever, or they are really sprinting to retire...
by TheOscarGuy
Wed Apr 04, 2018 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 Camry. What's wrong with me?
Replies: 99
Views: 5722

Re: 2018 Camry. What's wrong with me?

Last weekend I test drove a 2018 Camry. After the drive I walked away feeling numbed. It seemed the new Camry didn't instill any sense of emotions into me. No wows. No oohs. Nothing. It was a nice compliant drive but lacking any connections and excitement. Could it be that I already set up myself f...
by TheOscarGuy
Wed Apr 04, 2018 6:46 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?

With the "2nd longest and 2nd largest" bull market ever, and some indicators pointing toward an overvalued market, and some pundits predicting doom and gloom.. I would be highly surprised if we don't see a bear market or crash this year or by 2019 at the latest. Is there any value in buying more bo...
by TheOscarGuy
Fri Mar 30, 2018 5:23 am
Forum: Personal Consumer Issues
Topic: New laptop purchase decision
Replies: 36
Views: 2972

Re: New laptop purchase decision

Hello Bogleheads, I'm in the market for a new laptop. I've never bought a computer before since my job supplied me with a nice MacBook Air but I'm leaving after 17 years soon so I'm shopping around. I'm a basic user I would use it for typing papers, working on the resume, surfing the web, and email...
by TheOscarGuy
Thu Mar 29, 2018 5:41 am
Forum: Personal Finance (Not Investing)
Topic: Healthy eaters -- is this grocery budget normal to you?
Replies: 247
Views: 13325

Re: Healthy eaters -- is this grocery budget normal to you?

Hi, My wife and I spend ~$1,200 or so each month for groceries, and there's only two of us. It's the only large item on our budget except for rent. Our predicament is we desire to eat extremely healthy (organic, non-GMO, top of the line sourced food) but see nowhere to cut our bill. We shop exclusi...
by TheOscarGuy
Thu Mar 22, 2018 6:06 am
Forum: Personal Finance (Not Investing)
Topic: What Budget? Do you keep one?
Replies: 116
Views: 7366

Re: What Budget? Do you keep one?

So the question is: how much does your budget/spending vary? Do you really know why and can account for the variations? Please tell me there are other people out there whose spending fluctuate greatly because that's just life. Things change, habits change. I guess the other question is, did your sp...
by TheOscarGuy
Wed Mar 21, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Home equity as part of retirement plan
Replies: 59
Views: 3803

Re: Home equity as part of retirement plan

We talk a lot about investing on the way to retirement here for good reason, but to many, their house is a significant chunk (most?) of their net worth as they approach retirement. I suspect most here are conservative enough to not leverage their home equity to invest in the market and/or tend not ...
by TheOscarGuy
Wed Mar 21, 2018 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Math question to buy new car: pay full, 0% 36 months, 0.9% 60 months
Replies: 35
Views: 2498

Re: Math question to buy new car: pay full, 0% 36 months, 0.9% 60 months

Deciding between these 3 payment options to buy new car: 1) Pay full amount - get $750 discount 2) 0% 36 months - no discount 3) 0.9% 60 months - no discount Assuming I can afford either option, which do you think is best? I believe the answer lies in what interest rate I can get for the money I am...
by TheOscarGuy
Fri Mar 16, 2018 5:40 am
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 31241

Re: Those with high savings rate: why?

Is it because you want to retire early, or You are not sure what the future holds, e.g. low job security, or You want to leave money to others, e.g. kids, grand kids, charity, or You have no interest in increasing your consumption now, including giving more money to charity etc. Any insights? Finan...
by TheOscarGuy
Fri Mar 02, 2018 5:18 am
Forum: Investing - Theory, News & General
Topic: AAPL, AMZN, or GOOG?
Replies: 77
Views: 7324

Re: AAPL, AMZN, or GOOG?

Flobes wrote:
Tue Feb 27, 2018 9:47 pm
I'm sticking with Enron, undeniably the industry leader with the greatest management!
:D
by TheOscarGuy
Wed Feb 21, 2018 6:58 am
Forum: Personal Consumer Issues
Topic: Trade my BMW?
Replies: 45
Views: 2732

Re: Trade my BMW?

I currently own a 2013 X3 with 50k miles. One year of the CPO warranty left. No loan...I purchased the vehicle used with cash two years ago for a bit under $30k. KBB currently puts the value just north of $15k. I really like the car, but am unable to do much of the maintenance myself like I would o...
by TheOscarGuy
Thu Feb 08, 2018 7:47 am
Forum: Personal Consumer Issues
Topic: Books and other resources about retiring abroad?
Replies: 14
Views: 951

Re: Books and other resources about retiring abroad?

Hello Bogleheads, First time poster, long time lurker. Great to finally be a part of the community! My partner and I are planning to move abroad in ~15 years so that we can retire early. There are so many great resources to help with retiring within the US, but I've found that the field of informat...
by TheOscarGuy
Thu Feb 08, 2018 7:45 am
Forum: Personal Finance (Not Investing)
Topic: Finances Needed !!
Replies: 5
Views: 852

Re: Finances Needed !!

Hi - I am a 45 year old father of 2 kids just entering the middle school. I and my wife both work and have saved as much as we could afford to do. I am curious about the future needs of our family in terms of 1) How much I would need for the kids education (may be public university, under graduate)...
by TheOscarGuy
Wed Feb 07, 2018 2:03 pm
Forum: Personal Consumer Issues
Topic: House renovation financing
Replies: 17
Views: 1334

Re: House renovation financing

bloom2708 wrote:
Tue Feb 06, 2018 9:27 pm

This video is helpful.

https://vimeo.com/41152287
:sharebeer
by TheOscarGuy
Wed Feb 07, 2018 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: Am I saving too much for retirement?
Replies: 105
Views: 13252

Re: Am I saving too much for retirment?

Hi all, l'm 28 and trying to balance saving for retirement and keeping enough to enjoy myself now. I realize that in order to know how much you should save, you need to know how much you will need in retirement. However, at my age I find it difficult to have any realistic idea of my spending in 30+...
by TheOscarGuy
Fri Jan 26, 2018 1:29 pm
Forum: Personal Consumer Issues
Topic: Strategies to combat the urge to spend?
Replies: 68
Views: 3931

Re: Strategies to combat the urge to spend?

Great thread! I loved reading almost all responses, keeping this bookmarked for regular reading every few months ;-)
by TheOscarGuy
Wed Jan 24, 2018 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: fidelity visa- is opening bonus worth it over Citi?
Replies: 35
Views: 2097

Re: fidelity visa- is opening bonus worth it over Citi?

There is an older thread where folks were getting their fidelity card hacked. It happened more than once for someone. Additionally at the time I remember hold times were rather large for anytime you had to call them in for CS. Due to those two reasons I cancelled that card. If you care that much abo...
by TheOscarGuy
Sat Jan 20, 2018 12:14 pm
Forum: Personal Consumer Issues
Topic: Capital one 360 money market New $500 bonus
Replies: 44
Views: 8119

Re: Capital one 360 money market New $500 bonus

Hi..I just received a letter offering 1.3% interest if I open a new capital one 360 money market account and an additional $500 if deposit amount is $50 k or more. The interest is over 10x what my bank currently pays. It does not offer a debit card or checking and transfers to my checking account a...
by TheOscarGuy
Sat Jan 20, 2018 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Can You Say...Auto Insurance
Replies: 36
Views: 2848

Re: Can You Say...Auto Insurance

I have pretty good coverages 100/300/50 to protect myself & my assets in case of a accident. I' am even thinking of a umbrella policy. The problem is my premiums keep going up with my big national company. I just received in the mail yesterday my renewal notice. From what I can tell the premium is ...
by TheOscarGuy
Sat Jan 20, 2018 6:58 am
Forum: Personal Consumer Issues
Topic: Capital one 360 money market New $500 bonus
Replies: 44
Views: 8119

Re: Capital one 360 money market New $500 bonus

Hi..I just received a letter offering 1.3% interest if I open a new capital one 360 money market account and an additional $500 if deposit amount is $50 k or more. The interest is over 10x what my bank currently pays. It does not offer a debit card or checking and transfers to my checking account a...
by TheOscarGuy
Sat Jan 20, 2018 6:55 am
Forum: Personal Finance (Not Investing)
Topic: Should I stop 529 Contributions
Replies: 14
Views: 1804

Re: Should I stop 529 Contributions

We are maxing our tax advantage accounts all of them. Our 529 stands at $62k Age of the kid is 5 years. We contribute $510 each month earlier we used to do 1000 a month. I am trying to avoid over funding. I was of the opinion I would rather contribute sooner and let compounding take charge of growt...
by TheOscarGuy
Sat Jan 20, 2018 6:42 am
Forum: Personal Consumer Issues
Topic: Capital one 360 money market New $500 bonus
Replies: 44
Views: 8119

Re: Capital one 360 money market New $500 bonus

Hi..I just received a letter offering 1.3% interest if I open a new capital one 360 money market account and an additional $500 if deposit amount is $50 k or more. The interest is over 10x what my bank currently pays. It does not offer a debit card or checking and transfers to my checking account a...
by TheOscarGuy
Mon Jan 15, 2018 6:13 am
Forum: Personal Consumer Issues
Topic: Questions about salary expectations/negotations
Replies: 13
Views: 1591

Re: Questions about salary expectations/negotations

If recruiter called to ensure salary was in line with budget I would just tell them the expectation. There is a limit up to which I would keep my expectation from potential companies, but if they are insistent I tell them what is the expectation. More often than not such companies are operating on a...
by TheOscarGuy
Mon Jan 15, 2018 6:02 am
Forum: Personal Consumer Issues
Topic: What is the best home exercise equipment?
Replies: 151
Views: 14870

Re: What is the best home exercise equipment?

Hello Bogleheads, we have an elliptical machine + a weight bench and currently looking at purchasing one more workout machine to add some variety to our workouts: • Does anyone have a preference for where to purchase from? We don’t want to buy used . We’re Costco members hence leaning towards Costc...
by TheOscarGuy
Sun Jan 07, 2018 10:04 pm
Forum: Personal Finance (Not Investing)
Topic: Trading 2015 F-150 for 2018 GMC Sierra. Dumb move?
Replies: 31
Views: 2109

Re: Trading 2015 F-150 for 2018 GMC Sierra. Dumb move?

I agree with all that everyone is saying. The truck is 3 years old with 32,000 miles and the trade-in is 8,000 less than what I paid. Given the size and cost of the vehicle, I don’t think the depreciation has been that great, but I get it. Does not work that way. I could keep cost of new car I want...
by TheOscarGuy
Sun Jan 07, 2018 8:32 pm
Forum: Personal Finance (Not Investing)
Topic: Trading 2015 F-150 for 2018 GMC Sierra. Dumb move?
Replies: 31
Views: 2109

Re: Trading 2015 F-150 for 2018 GMC Sierra. Dumb move?

I have been a Boglehead for some time (including when I bought my 2015 Lariat Super Crew. My wife has a 2013 Honda CR-V. We take the truck when traveling out of town. Anyway, I have a GM credit card I haven’t used for years, and I just received $2,000 of bonus earnings to be used on top of the deal...
by TheOscarGuy
Fri Jan 05, 2018 9:26 pm
Forum: Personal Finance (Not Investing)
Topic: Need help with a single Ally Savings Account - Emergency/Contigenency/Oppurtunity/Car/Travel/Etc...
Replies: 12
Views: 1116

Re: Need help with a single Ally Savings Account - Emergency/Contigenency/Oppurtunity/Car/Travel/Etc...

I used to have 5-6 ally accounts at one point. But now I *manually* track the funds and keep just one savings account. This is not any more additional work than manually assigning the next dollar to one of those accounts.
by TheOscarGuy
Fri Jan 05, 2018 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: How much life insurance?
Replies: 8
Views: 616

Re: How much life insurance?

With our very first Little Badger now determined to be on the way, Mr Badger and I know that we need to get some term life insurance. But how much? Suggestions? Him: 38, annual salary ~$135k. Her: 37, annual salary ~$155k. House value ~$500k, remaining mortgage of ~$280k. I'm thinking enough to pay...
by TheOscarGuy
Fri Jan 05, 2018 12:08 pm
Forum: Personal Finance (Not Investing)
Topic: Approximating 3-fund portfolio
Replies: 8
Views: 813

Re: Approximating 3-fund portfolio

One could combine these two to approximate total stock market and have a really low ER 401K with these CIT choices. You could but you'd have to rebalance them yourself. Plus, although you'd have the largest 500 stocks and the smallest 2000 stocks, you'd be missing about 500 mid-cap stocks. And the ...
by TheOscarGuy
Thu Jan 04, 2018 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Request your suggestion - current job Vs. New job
Replies: 35
Views: 2503

Re: Request your suggestion - current job Vs. New job

Dear Experts, I recently got a job offer in Philly, PA. I currently reside in NJ and work from home. For new job - work from home option is not possible and i will have to commute 4 days a week to work from office. I can work from home on Fridays. I currently am married, living with spouse and do n...
by TheOscarGuy
Thu Jan 04, 2018 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Credit Card with Good Bonus for Car Rentals?
Replies: 9
Views: 459

Re: Credit Card with Good Bonus for Car Rentals?

I’m thinking of signing up for a Capital One Venture card, as its points appear to be the easiest way to earn my way to a free rental car. I’ve asked this question in another forum. Most responses steered me toward obtaining another Chase Ultimate Rewards card. None were able to articulate how / wh...
by TheOscarGuy
Thu Jan 04, 2018 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Approximating 3-fund portfolio
Replies: 8
Views: 813

Re: Approximating 3-fund portfolio

Thanks. I guess that explains a bit why er is so low on these. I am wondering if there is any downside to them? Sure, there is downside to them: The same downside that index mutual funds and ETFs have invested in the same stocks: The stocks could go down in price and the funds can lose money. You a...
by TheOscarGuy
Thu Jan 04, 2018 11:20 am
Forum: Personal Finance (Not Investing)
Topic: Approximating 3-fund portfolio
Replies: 8
Views: 813

Re: Approximating 3-fund portfolio

Thanks. I guess that explains a bit why er is so low on these. I am wondering if there is any downside to them? I also have access to : Northern Trust Collective S&P 500 Index Fund - DC - Non Lending (Tier R) (er 0.0085%) Northern Trust Collective Russell 2000 Index Fund - DC - Non-Lending (Tier R) ...
by TheOscarGuy
Thu Jan 04, 2018 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Approximating 3-fund portfolio
Replies: 8
Views: 813

Re: Approximating 3-fund portfolio

Looks good. Nice choices. Why do you say that? I know nothing about northern trust collective funds, I have not been able to find too much information on them on BH. And this is usually I do most of my research on funds, which makes me a little concerned about them as not much has been discussed ab...
by TheOscarGuy
Thu Jan 04, 2018 9:48 am
Forum: Personal Finance (Not Investing)
Topic: Approximating 3-fund portfolio
Replies: 8
Views: 813

Approximating 3-fund portfolio

In my current company plan I have following elections (my expected AA is 60 total US stock, 20 total international stock, and 20 total US bond): VITPX (Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares) 60% (er 0.02%) Northern Trust Collective All Country World ACWI ex-U...
by TheOscarGuy
Wed Jan 03, 2018 5:13 am
Forum: Personal Finance (Not Investing)
Topic: HSA - Invest $$ or keep it in cash?
Replies: 4
Views: 702

Re: HSA - Invest $$ or keep it in cash?

I keep one years worth of expenses and then invest the rest. You can be conservative and keep your out of pocket max in cash and invest the rest.
Your returns won’t always be 2% and your balance will increase if you keep saving. No tax ever — gotta love that.
by TheOscarGuy
Tue Jan 02, 2018 5:14 am
Forum: Personal Consumer Issues
Topic: Long Term House—Any Regrets on things you didn’t do?
Replies: 48
Views: 6336

Re: Long Term House—Any Regrets on things you didn’t do?

As I’ve started looking towards the New Year and making goals and plans, I realized that we’ve been in our current home for 3.5 years. Aside from the 5 years we spent in our house in residency, this is the longest we’ve been in one house due to the nomadic schooling life we have lived. I don’t anti...
by TheOscarGuy
Fri Dec 29, 2017 8:23 pm
Forum: Personal Finance (Not Investing)
Topic: Applying for financial aid with high income
Replies: 50
Views: 3378

Re: Applying for financial aid with high income

I am in a similar boat as OP but away from college for our child (10 yrs), one question that’s always bugged me is this: isn’t FAFSA essentially a “loan” from federal govt, with better terms than secondary market? If so, all discussion for reducing income or assets as it applies to it is for just th...
by TheOscarGuy
Wed Dec 20, 2017 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: A good used car purchase?
Replies: 13
Views: 918

Re: A good used car purchase?

Should I buy Honda Pilot, 2010, 69K miles, clean CarFax, from private seller for $15998 Context: Have two used cars already - this car would be a replacement for the one my wife uses heavily (a 2003 Honda Pilot, 268K miles driven, bought used in '13, has no major maintenance pending but will likely...
by TheOscarGuy
Wed Dec 20, 2017 8:06 am
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 424
Views: 153406

Re: The Mega Backdoor Roth IRA

Oscarguy, do not put this 401k money into tIRA followed by a conversion - that will require pro-rating with any other IRAs. You can open a Roth IRA and not contribute to it. Then instruct your 401k provider to roll the after tax account into to Roth IRA. You can roll the earnings to Roth IRA and pa...
by TheOscarGuy
Wed Dec 20, 2017 5:57 am
Forum: Personal Finance (Not Investing)
Topic: The Mega Backdoor Roth IRA
Replies: 424
Views: 153406

Re: The Mega Backdoor Roth IRA

Great article and I must say I missed it completely partly because my former employer didn’t allow it. My current employer however does allow post tax contributions and ability to do in service non hardship withdrawals. How do mechanics of it work if one has no Roth IRA yet and is making too much mo...
by TheOscarGuy
Tue Dec 19, 2017 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Memories over money
Replies: 40
Views: 3086

Re: Memories over money

We’ve done well in the past few years. I’m known as a pretty frugal guy. I am not big on “things”, but I have decided to make memories without cutting corners. When kids get older, they always will remember the road trip you made when they were younger, but no one will think about what it cost. Our...
by TheOscarGuy
Tue Dec 12, 2017 9:41 am
Forum: Personal Finance (Not Investing)
Topic: HDHP with HSA vs PPO breakeven point
Replies: 21
Views: 1336

Re: HDHP with HSA vs PPO breakeven point

Depends on how your health is, how many visits do you typically have in a year, do plans cover both specialists and general practitioners at same rate? It’s too little information to tell break even point.
by TheOscarGuy
Fri Dec 08, 2017 6:57 am
Forum: Personal Consumer Issues
Topic: Do people still use AAA?
Replies: 282
Views: 21369

Re: Do people still use AAA?

My auto insurance offers a discount for AAA members. The discount was more than the cost of my AAA membership. So my membership is free. Here in Massachusetts, AAA offers Registry services. So I don't have to deal with the RMV anymore. That is PRICELESS. :D This. I have commerce and one time I let ...
by TheOscarGuy
Tue Oct 31, 2017 6:06 am
Forum: Personal Consumer Issues
Topic: Robot vacuum for pet hair and hardwood floor
Replies: 21
Views: 1674

Robot vacuum for pet hair and hardwood floor

I have read and re-read earlier posts on BH on this topic. I have also researched and am down to these two that fit my budget: Neato D80 and Roomba 650. I am seeking opinions from someone who has either of these. We have a relatively clutter free floor with some furniture throughout the living space...
by TheOscarGuy
Thu Oct 19, 2017 10:47 am
Forum: Personal Consumer Issues
Topic: Pant Recommendations (Business Casual)
Replies: 42
Views: 3208

Re: Pant Recommendations (Business Casual)

I work in a business casual environment, but struggle to find pants that I like to wear on a regular basis. I wear a 36 waist, but most business casual pants always seem tight around the waist to me (I don't seem to have this issue with jeans and other casual pants). I haven't tried a pair on, but ...