Search found 1612 matches

by LiveSimple
Wed Jul 01, 2020 7:24 pm
Forum: Personal Finance (Not Investing)
Topic: Payoff Mortgage?
Replies: 15
Views: 1102

Re: Payoff Mortgage?

Just payoff and relax !!!
by LiveSimple
Mon Jun 29, 2020 7:52 pm
Forum: Personal Consumer Issues
Topic: Building a raised garden bed with corrugating metal roof panels
Replies: 6
Views: 529

Re: Building a raised garden bed with corrugating metal roof panels

Using untreated wood, Douglas Fir, this is the second year, I do not think the wood will rot in at-least next 5-7 + years.
Even if the wood rot, the soil will stay raised, as we can mold the sides.
by LiveSimple
Sun Jun 28, 2020 4:27 pm
Forum: Personal Investments
Topic: Ready for (forced) early retirement?
Replies: 39
Views: 4140

Re: Ready for (forced) early retirement?

nebogle wrote:
Sun Jun 28, 2020 12:58 pm

1. I'm estimating about 25K for ACA for me and spouse. Not sure if the actual cost would be significantly higher.
What does this mean, you have to pay $25 K for healthcare ?
by LiveSimple
Sun Jun 28, 2020 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Hopeless Civil Engineer
Replies: 88
Views: 7845

Re: Hopeless Civil Engineer

If you completed Civil Engineering, then you can complete a M.S in data science or data engineering, the job market is hot and you can make $150 K in any city. https://www.mastersindatascience.org Research here for the best school that suits you or at least get the information and see what suits you...
by LiveSimple
Sun Jun 28, 2020 5:58 am
Forum: Investing - Theory, News & General
Topic: Warren Buffet Recommends S & P 500?
Replies: 34
Views: 3196

Re: Warren Buffet Recommends S & P 500?

The answer you will get will be yes it will suit you and no it will not suit you. Reason for yes, you will be 90% to 100% equities and this is one flavor of the portfolio, which is much better than other portfolios. You may improve this with replacing SP 500 with Total Stock Market Index. Reason for...
by LiveSimple
Sat Jun 27, 2020 6:49 pm
Forum: Personal Consumer Issues
Topic: Driveway resurface or rebuild
Replies: 16
Views: 1844

Re: Driveway resurface or rebuild

Remove and redo. Contractors may be looking at their work and not to bring big machinery for removal and again outsource the concrete product as well. If the job is small they may have all the machinery. We replaced after a long time but the contractor was doing the city work in our streets so he ha...
by LiveSimple
Sat Jun 27, 2020 10:01 am
Forum: Personal Finance (Not Investing)
Topic: 529 Room and Board Withdrawal--Summer Classes
Replies: 7
Views: 544

Re: 529 Room and Board Withdrawal--Summer Classes

As long as you have saved for resonable college expenses in 529 plans, Now that you withdraw from the 529 for those reasonable expenses, there should be no problem with the IRS.

Paid college expenses for two, using the 529, just kept records and no IRS submissions.
by LiveSimple
Fri Jun 26, 2020 12:20 pm
Forum: Personal Investments
Topic: What day of the week is best for a weekly investment in a Roth IRA?
Replies: 27
Views: 1839

Re: What day of the week is best for a weekly investment in a Roth IRA?

Yes, Thursday is good, the other days Monday, Tuesday, Wednesday, Friday are good as well.
by LiveSimple
Thu Jun 25, 2020 1:50 pm
Forum: Personal Consumer Issues
Topic: Effect of open-source software on SWE careers and start-up companies.
Replies: 34
Views: 2084

Re: Effect of open-source software on SWE careers and start-up companies.

Software is to create some business value so yes software engineering career will be rewarding. Availability of open source software is one tool to use this do not affect the earnings potential for a software engineer. If you really smart and contribute to open source and claim yourself as the creat...
by LiveSimple
Thu Jun 25, 2020 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Should you always use a 529?
Replies: 106
Views: 15488

Re: Should you always use a 529?

You will save on yearly taxes and taxes when withdrawn fir education payments.

For us it helped and the documentation to keep was simple the college tuition payment. 1098 T.
by LiveSimple
Sat Jun 20, 2020 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Car Loan vs Cash
Replies: 38
Views: 2570

Re: Car Loan vs Cash

Just for a reality check, go cash and see if you can get the cash from the family business that easily.
by LiveSimple
Wed Jun 17, 2020 6:13 am
Forum: Personal Finance (Not Investing)
Topic: Advice on Buying a Certified Pre-Owned BMW
Replies: 29
Views: 2507

Re: A very expensive watch

Petrocelli: If you had not bought that $5,000 Watch you could afford to buy your daughter a new BMW. :happy Best wishes. Taylor Jack Bogle's Words of Wisdom: "The great game of life is not about money; it is about doing your best to join the battle to build anew ourselves, our communities, our nati...
by LiveSimple
Sun Jun 14, 2020 7:50 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 15560

Re: Ditching International

I'm ready to exchange VTIAX for more VTSAX due to international's lackluster performance. (I regret letting the Vanguard PAS talk us into investing in international 5 years ago. We no longer use that service.) How would you go about doing this? Lump sum? DCA? Tax-loss harvest? Thanks in advance! To...
by LiveSimple
Sat Jun 13, 2020 7:42 pm
Forum: Personal Investments
Topic: Does Fidelity offer ETFs equivalent to its mutual funds?
Replies: 9
Views: 976

Re: Does Fidelity offer ETFs equivalent to its mutual funds?

To my knowledge, Fidelity do not have mutual fund equivalent ETFs. fidelity ETFs are limited. They use to have commission free Ishares ETF, now all ETFs are commission free.

Fidelity ETFs
https://research2.fidelity.com/pi/etf-s ... #theme-201
by LiveSimple
Sat Jun 13, 2020 11:14 am
Forum: Personal Consumer Issues
Topic: Nickeling and diming
Replies: 53
Views: 5340

Re: Nickeling and diming

I try to keep the spending to a minimum and to the needs / necessities, hence do not mind much Nickeling and diming. For example if I go to the grocery store, and forget to add the loyalty cards, for discounts that is fine, next time let me be careful to enter the loyalty card. Yesterday , the straw...
by LiveSimple
Thu Jun 11, 2020 3:35 pm
Forum: Investing - Theory, News & General
Topic: Does anybody belong to the Better Investing Club?
Replies: 13
Views: 1125

Re: Does anybody belong to the Better Investing Club?

For $10 a month, for sure you will lose sleep and always thinking what to buy and what to sell. Keeps your life busy😂 than buy and hold index funds.
by LiveSimple
Thu Jun 11, 2020 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Sell Equities and Pay off Mortgage or wait ?
Replies: 59
Views: 3103

Re: Sell Equities and Pay off Mortgage or wait ?

Sorry if it wasn’t clear LiveSimple. You were clear and no ambiguity for me. You provided the perspective on paying off and supported my decision. just added my thoughts on my household, to give a perspective and may be helpful for someone. We all learn from others here or at least plan accordingly...
by LiveSimple
Thu Jun 11, 2020 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Sell Equities and Pay off Mortgage or wait ?
Replies: 59
Views: 3103

Re: Sell Equities and Pay off Mortgage or wait ?

Again for me I was fine to have the mortgage even in retirement as far as the portfolio can pay the monthly mortgages. However it is more emotional to take my wife on that path that we can retire, when the mortgage is not paid. So this is one step near to FIRE, no mortgage, as we plan for FIRE, in 3...
by LiveSimple
Thu Jun 11, 2020 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Sell Equities and Pay off Mortgage or wait ?
Replies: 59
Views: 3103

Re: Sell Equities and Pay off Mortgage or wait ?

LiveSimple, What are your AA and total portfolio size? My AA is 60/40 and my portfolio size is 1.4 million. I would not pay off my 300K mortgage until my portfolio si 1.8 million to 2 million. The 300K mortgage is great inflation and interest rate hedge for me. KlangFool thanks for the note KlangFo...
by LiveSimple
Thu Jun 11, 2020 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Sell Equities and Pay off Mortgage or wait ?
Replies: 59
Views: 3103

Re: Sell Equities and Pay off Mortgage or wait ?

Appreciate all for their thoughts in paying off the mortgage. Paid of the mortgage, final transactions today / this week. Do need to wait for the mortgage release note and removing the mortgage from the insurance. Anything else to do, after paying off the mortgage ? Scream, "I'm DEBT FREEEEEEEEEEEE...
by LiveSimple
Thu Jun 11, 2020 10:20 am
Forum: Personal Finance (Not Investing)
Topic: Sell Equities and Pay off Mortgage or wait ?
Replies: 59
Views: 3103

Re: Sell Equities and Pay off Mortgage or wait ?

Vanguard Fan 1367 wrote:
Thu Jun 11, 2020 2:01 am
LiveSimple wrote:
Tue May 12, 2020 6:26 pm
Yes, the sell order executed.

Will pay off the mortgage this week, do need to celebrate the mortgage free. 🤝
I burned my paid off mortgage in front of my family to celebrate. Congratulations!
:sharebeer thanks
by LiveSimple
Wed Jun 10, 2020 6:17 am
Forum: Personal Finance (Not Investing)
Topic: Sell Equities and Pay off Mortgage or wait ?
Replies: 59
Views: 3103

Re: Sell Equities and Pay off Mortgage or wait ?

Appreciate all for their thoughts in paying off the mortgage.

Paid of the mortgage, final transactions today / this week.

Do need to wait for the mortgage release note and removing the mortgage from the insurance.

Anything else to do, after paying off the mortgage ?
by LiveSimple
Wed Jun 10, 2020 6:14 am
Forum: Personal Investments
Topic: Switching Jobs - Already maxed 401k
Replies: 42
Views: 2650

Re: Switching Jobs - Already maxed 401k

I moved the current 401 K to rollover IRA. whenever I moved my job, to keep it simple. All you do need is Roll Over IRA, Roth IRA and current employer 401 K. A Rollover IRA will cause trouble if a person would like to take advantage of the Backdoor Roth. https://www.bogleheads.org/wiki/Backdoor_Rot...
by LiveSimple
Tue Jun 09, 2020 10:23 am
Forum: Personal Investments
Topic: Switching Jobs - Already maxed 401k
Replies: 42
Views: 2650

Re: Switching Jobs - Already maxed 401k

I moved the current 401 K to rollover IRA. whenever I moved my job, to keep it simple. All you do need is Roll Over IRA, Roth IRA and current employer 401 K. LiveSimple Do you mean, you have one rollover ira and whenever you change jobs you roll your traditional 401k to this ira? Can you only use s...
by LiveSimple
Tue Jun 09, 2020 8:57 am
Forum: Personal Consumer Issues
Topic: Can I salvage this suitcase?
Replies: 38
Views: 2414

Re: Can I salvage this suitcase?

Take it to your backyard, pour some laundry detergent, then hose off / use the jet stream a couple of times, sun dry as well. Repeat a few times, over a few days it should be fine from the smell and contamination at least. If it does not work out then you can toss it off, at least you tried to salva...
by LiveSimple
Tue Jun 09, 2020 8:53 am
Forum: Personal Investments
Topic: VGT vs VTI
Replies: 43
Views: 3468

Re: VGT vs VTI

1789 wrote:
Mon Jun 08, 2020 4:35 pm
No it is not. If the returns are same why would you take significant risk to invest your 1$ in one company (msft) rather than 3600 companies?
I agree with you, I was processing as VGT vs VTI, sector vs Total, so I said what I said.

Sure, not in an individual stock. Appreciate your note.
by LiveSimple
Tue Jun 09, 2020 8:51 am
Forum: Personal Investments
Topic: Switching Jobs - Already maxed 401k
Replies: 42
Views: 2650

Re: Switching Jobs - Already maxed 401k

I moved the current 401 K to rollover IRA. whenever I moved my job, to keep it simple.

All you do need is Roll Over IRA, Roth IRA and current employer 401 K.
by LiveSimple
Mon Jun 08, 2020 4:17 pm
Forum: Personal Investments
Topic: VGT vs VTI
Replies: 43
Views: 3468

Re: VGT vs VTI

Even if some growth is priced in, a company like Microsoft is a great investment as they are adding real value to the economy. Why was $1 invested in MSFT in the year 2000 at 0.60 cents at the end of 2009? The same reason $1.00 invested in the SP500 in the year 2000 was worth $0.59 in 2009? this is...
by LiveSimple
Mon Jun 08, 2020 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing Foreclosing Home
Replies: 12
Views: 1026

Re: Purchasing Foreclosing Home

I have no experience in this area but I would suspect that many foreclosed homes are in substandard condition and will require substantial repairs, possibly at a great expense. So in addition to the legal steps and attorney advice, you would need to have a complete home inspection by a good home in...
by LiveSimple
Mon Jun 08, 2020 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing Foreclosing Home
Replies: 12
Views: 1026

Re: Purchasing Foreclosing Home

Thanks a lot for the information, for sure cannot buy a property from remote, but planning to get educated on the process if we even do want to consider buying a home in foreclosure / foreclosed. Should have the knowledge, process know how and mental strength to buy these. Add $$$ on hand as well. A...
by LiveSimple
Mon Jun 08, 2020 5:57 am
Forum: Personal Investments
Topic: Paying off mortgage early or invest?
Replies: 37
Views: 2755

Re: Paying off mortgage early or invest?

We did not bother to repay the mortgage, when we had kids and their upcoming college tuitions, we wanted the money for their college expenses. Once the college tuition was out of the way and we became empty nesters, planning to pay off the mortgage. Mostly this decision is mental / physiological tha...
by LiveSimple
Mon Jun 08, 2020 5:51 am
Forum: Personal Finance (Not Investing)
Topic: Purchasing Foreclosing Home
Replies: 12
Views: 1026

Purchasing Foreclosing Home

As we plan for relocation, I am looking into Zillow for homes to get some sense of the area, what types of homes are selling for what price and the location. Do come across homes in foreclosure. What will be the process to purchase the homes in foreclosure, will the banks own these homes. Do we get ...
by LiveSimple
Fri Jun 05, 2020 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly rates with a Vendor/Contract type work
Replies: 42
Views: 1499

Re: Hourly rates with a Vendor/Contract type work

would experience count? say 20 year veteran would get more per hr than 10 year of experience. Great question, people prefer the 10 years experience than the 20 year experience. Unless your skills are niche or legacy, the 10 years experience will be more aligned to the role than an 20% year. I have ...
by LiveSimple
Fri Jun 05, 2020 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly rates with a Vendor/Contract type work
Replies: 42
Views: 1499

Re: Hourly rates with a Vendor/Contract type work

My vendor I see charges an hourly rate to the company I work for at $110 an hour. I am a w2 employee for the vendor. I get paid all health benefits. What do you think is a reasonable hourly rate for me given the Vendor charges 110 an hour for my services? Actually how much vendor charges the client...
by LiveSimple
Fri Jun 05, 2020 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly rates with a Vendor/Contract type work
Replies: 42
Views: 1499

Re: Hourly rates with a Vendor/Contract type work

I have see 65% / 35% in these scenarios when you are on just W2, no vacation time or healthcare. So you have to add if healthcare insurance and vacation time is paid, unless the client pays the vacation / PTO hours.
by LiveSimple
Fri Jun 05, 2020 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Seller breach of contract on home. I need advice.
Replies: 64
Views: 6626

Re: Seller breach of contract on home. I need advise.

There is going to be other things you do need to fix as you move in, let us say the A/C dropped working on the third day of your closing, what are you going to do ? Unless there was an insurance provided. Home ownership comes with something to fix; so take the home "as is" and move on. The house was...
by LiveSimple
Sat May 30, 2020 11:47 am
Forum: Investing - Theory, News & General
Topic: Single Favorite Mutual Fund
Replies: 102
Views: 10134

Re: Single Favorite Mutual Fund

Any total stock market index fund from any mutual fund company such as Vanguard, Fidelity, Schwab.
by LiveSimple
Sat May 30, 2020 11:43 am
Forum: Personal Consumer Issues
Topic: How to get back fees paid to telemedicine provider?
Replies: 56
Views: 3708

Re: How to get back fees paid to telemedicine provider?

Consider to move on, you will spend more dollar to recover the $75. If you want to dispute the credit charges you can but you were serviced fir the amount charged. If there is no generic then no generic. Look at this way if you do need the medication you have a prescription, for a relative from a fo...
by LiveSimple
Tue May 26, 2020 5:40 am
Forum: Personal Investments
Topic: Capital gain conundrum
Replies: 10
Views: 1130

Re: Capital gain conundrum

Sell and buy index fund.
by LiveSimple
Sat May 23, 2020 5:41 am
Forum: Personal Finance (Not Investing)
Topic: The axe falls and I am prepared. What's next?
Replies: 370
Views: 31147

Re: The axe falls and I am prepared. What's next?

Folks, I am asking two separate questions: A) Under what financial condition, it is rewarding for me to take on part-time project work. At this moment, it looks like anything less than $90 per hour is not worthwhile. B) Under what non-financial condition, would you go back to work? KlangFool KlangF...
by LiveSimple
Thu May 21, 2020 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: what to do with pension from previous job
Replies: 13
Views: 1078

Re: what to do with pension from previous job

Option #2 rollover to an IRA
by LiveSimple
Sun May 17, 2020 6:10 am
Forum: Investing - Theory, News & General
Topic: Big changes to S&P 500?
Replies: 24
Views: 2504

Re: Big changes to S&P 500?

Sure, then another reason to consider the Total Stock Market Index fund
by LiveSimple
Sat May 16, 2020 8:35 am
Forum: Personal Finance (Not Investing)
Topic: [any downside to telling your parents your income?]
Replies: 32
Views: 2568

Re: [any downside to telling your parents your income?]

if you think that you wanted to share your success with your mom, just do it. I am sure she will be happy and responsible with the information you shared.

If you do miss the opportunity, you may keep thinking about the same, for a very loooong time. :sharebeer
by LiveSimple
Fri May 15, 2020 5:39 am
Forum: Personal Finance (Not Investing)
Topic: Best way to simulate the retirement, living off investments ; Not touching monthly salaries
Replies: 44
Views: 3242

Re: Best way to simulate the retirement, living off investments ; Not touching monthly salaries

I would suggest to the OP that they search this forum for relevant threads that detail expenses in retirement. They may find that they are overthinking this. Thanks vested1, our expenses are minimal, rent / mortgage, water, electricity, gas bills, insurances and credit card bills for groceries, hou...
by LiveSimple
Fri May 15, 2020 5:25 am
Forum: Personal Finance (Not Investing)
Topic: Best way to simulate the retirement, living off investments ; Not touching monthly salaries
Replies: 44
Views: 3242

Re: Best way to simulate the retirement, living off investments ; Not touching monthly salaries

Not necessarily. Under the current tax laws the federal long term capital gains rate is 0% up to the top of the 12% federal tax bracket. Once you retire you may be able to structure your income so that you can take a lot of capital gains and pay not federal taxes on the gains. For reference an over...
by LiveSimple
Fri May 15, 2020 5:24 am
Forum: Personal Finance (Not Investing)
Topic: Best way to simulate the retirement, living off investments ; Not touching monthly salaries
Replies: 44
Views: 3242

Re: Best way to simulate the retirement, living off investments ; Not touching monthly salaries

I agree with this, somewhere we have to accept the capital gains and pay taxes, either now or later, when we withdraw. Not necessarily. Under the current tax laws the federal long term capital gains rate is 0% up to the top of the 12% federal tax bracket. Once you retire you may be able to structur...
by LiveSimple
Fri May 15, 2020 5:21 am
Forum: Personal Finance (Not Investing)
Topic: Best way to simulate the retirement, living off investments ; Not touching monthly salaries
Replies: 44
Views: 3242

Re: Best way to simulate the retirement, living off investments ; Not touching monthly salaries

We have been mostly retired for about three years. I love Quicken and have used it for a long time. We charge almost everything or have it auto-withdrawn from our checking accounts, so it is easy to track our spending. I download all our transactions and have had spending [not really budget] catego...