Search found 515 matches

by camillus
Sun Nov 11, 2018 3:04 am
Forum: Personal Finance (Not Investing)
Topic: Emergency fund in my situation
Replies: 17
Views: 1499

Re: Emergency fund in my situation

An alternative to paying off your mortgage is investing in a taxable account. This resolves the question of an emergency fund, as the taxable account is available to you, where as home equity is not. If at any point you'd rather pay off your mortgage, you retain the flexibility to do so. However, yo...
by camillus
Sun Nov 11, 2018 2:55 am
Forum: Personal Consumer Issues
Topic: Looking for computer suggestions
Replies: 17
Views: 1293

Re: Looking for computer suggestions

I am a chromebook user. It might be worth looking into whether you can do some of those things: managing your website and photographs in a online interface. I do my taxes online, for example. I use google to backup & store my photos. The nice thing is if my already-cheap chromebook gets destroyed so...
by camillus
Sun Nov 11, 2018 2:18 am
Forum: Investing - Help with Personal Investments
Topic: TIAA R1 With Painfully High Expenses - stuck?
Replies: 34
Views: 1847

Re: TIAA R1 With Painfully High Expenses - stuck?

My wife is in the same situation. What we ended up doing is putting everything in the Social Choice fund, a 60/40 balanced fund with an expense ratio similar to the other offerings. Our thinking was this: Although we wouldn't normally do socially conscious investing, we might as well, since there is...
by camillus
Thu Nov 08, 2018 12:04 pm
Forum: Personal Finance (Not Investing)
Topic: help this RN negotiate job change
Replies: 28
Views: 2859

Re: help this RN negotiate job change

Hi all, thanks again for your wisdom. I wanted to update you: Yesterday I had my interview with the hiring manager and "shadowed" on the unit for 2 hours. In terms of compensation, the hiring manager said that I would be getting the weekend option bonus of 25% to my base rate, but I would NOT be get...
by camillus
Mon Nov 05, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Is Cloud-Based YNAB Worth It?
Replies: 51
Views: 2818

Re: Is Cloud-Based YNAB Worth It?

I use the new YNAB and I'm very happy with it. I am a chromebook user, so the web-based interface works best for me. I haven't booted up my Windows desktop in a few months. In fact, I switched to the web based version because I hated sitting up at my desktop computer. I open my chromebook, pull up Y...
by camillus
Sat Nov 03, 2018 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Dependent Care FSA Question
Replies: 10
Views: 922

Re: Dependent Care FSA Question

Here is an article (that is out of date) that describes how the Dependent Care FSA works, and also the Dependent Care Credit. These two work in some of the same ways, and might help your planning to know how they work together. As I said, this article is out of date. I would verify tax rates and acc...
by camillus
Sat Nov 03, 2018 9:30 pm
Forum: Personal Finance (Not Investing)
Topic: help this RN negotiate job change
Replies: 28
Views: 2859

Re: help this RN negotiate job change

I'm a M.D. and have great respect for nurses. You all should think seriously about unionizing! I base that on my dealings with hospital administrators, who I generally do not respect. Bob +1 :happy Thanks everyone for your replies. Just want to keep this thread up to date. Next week I have my face-...
by camillus
Thu Nov 01, 2018 9:21 pm
Forum: Personal Finance (Not Investing)
Topic: help this RN negotiate job change
Replies: 28
Views: 2859

Re: help this RN negotiate job change

Have you been around long enough to have heard of the "Baylor Plan" and if so, is it like that? Hi BolderBoy, It is much like the Baylor Plan, but not as good. I work 24 hours a week but get paid for 30. The Baylor Plan would bring that to 36. I sign a contract to work 48 of 52 weekends a year. The...
by camillus
Thu Nov 01, 2018 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: help this RN negotiate job change
Replies: 28
Views: 2859

Re: help this RN negotiate job change

radiowave wrote:
Thu Nov 01, 2018 6:48 pm
Good luck! Let us know how things work out.
I thank you kindly for your reply!
by camillus
Thu Nov 01, 2018 3:21 pm
Forum: Personal Finance (Not Investing)
Topic: help this RN negotiate job change
Replies: 28
Views: 2859

Re: help this RN negotiate job change

Weekend nights, 25% I have a BSN. Not sure if I'm interested in going for MSN, just the choice between these two positions. I already work weekend nights, my schedule would not change. I actually am part time (0.6 FTE) and work Friday and Saturday nights and watch my kids during the week while spous...
by camillus
Thu Nov 01, 2018 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: help this RN negotiate job change
Replies: 28
Views: 2859

Re: help this RN negotiate job change

This is all just in my opinion, so take it for what its worth. When you discuss compensation prior to an offer, that is non-binding. I've discussed nebulous ranges and even exact numbers in these early conversations. The early recruiter or screen is trying to get a feel for the ballpark. They might...
by camillus
Thu Nov 01, 2018 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: help this RN negotiate job change
Replies: 28
Views: 2859

help this RN negotiate job change

jump to update --> https://www.bogleheads.org/forum/viewtopic.php?f=2&t=262882&p=4203969#p4203969 Hi all, I am very grateful for this board because of the wisdom and professional insight that is freely given. I come to you asking for help with a few goals of mine: 1) That I behave respectably and p...
by camillus
Sun Oct 28, 2018 7:08 pm
Forum: Personal Finance (Not Investing)
Topic: Am I doing well financially?
Replies: 162
Views: 12459

Re: Am I doing well financially?

Take a look at your spending and figure out what's going on. You can start tracking expenses easily with mint.com I personally recommend YNAB for a family budget program. My wife and I are able to stay on the same page and focus on our priorities. We make 50% of your household income, but save 30-40...
by camillus
Sat Oct 27, 2018 8:32 pm
Forum: Investing - Theory, News & General
Topic: Investment Strategy for Multi-Generations, with variable "retirement age"?
Replies: 5
Views: 462

Re: Investment Strategy for Multi-Generations, with variable "retirement age"?

I can't speak to specifics, only this: The tendency would be to overcomplicate this strategy, combining two different glide paths and two different asset allocations. Ultimately, all this is unnecessary. You can simply adopt a total portfolio asset allocation, say 70/30 stocks to bonds. You can acco...
by camillus
Sat Oct 20, 2018 5:29 am
Forum: Personal Finance (Not Investing)
Topic: Property Tax - Deliquency date
Replies: 11
Views: 869

Re: Property Tax - Deliquency date

Delaying payment until January would allow you to pay two years' property tax in one year for purposes of clumping itemized deductions.
by camillus
Mon Oct 15, 2018 12:32 pm
Forum: Personal Consumer Issues
Topic: trip to Grand Cayman & dieting [while on vacation]
Replies: 40
Views: 2757

Re: trip to Grand Cayman & dieting

I really appreciate this board and all the replies above. I asked this question here because of a few reasons: 1) People here are exposed to luxury vacations 2) People here are typically conscientious, self-aware, and self-disciplined - in finance but also often regarding health 3) People here tend ...
by camillus
Mon Oct 15, 2018 4:17 am
Forum: Personal Consumer Issues
Topic: Reducing overall medical costs. Do we do anything?
Replies: 67
Views: 3202

Re: Reducing overall medical costs. Do we do anything?

I didn't real the whole thread, but here are some thoughts: 1) The idea of a HDHP with an HSA was allegedly intended to help reduce the cost of American healthcare. For the past several years my family has had coverage this way, and it seems to work well. We've hit our deductible twice, and even so ...
by camillus
Mon Oct 15, 2018 3:55 am
Forum: Investing - Help with Personal Investments
Topic: Feedback on Kai-Zen premium finance life insurance plan
Replies: 19
Views: 1444

Re: Feedback on Kai-Zen premium finance life insurance plan

I don't understand how this plan has an advantage over investing in a taxable account.
by camillus
Mon Oct 15, 2018 3:42 am
Forum: Personal Finance (Not Investing)
Topic: When to stop putting money into an older vehicle
Replies: 90
Views: 6408

Re: When to stop putting money into an older vehicle

I almost bought a 2008 Honda CRV for $7000 I just wanted to point out that either strategy, keep the old car or buy the less-old car, is a probably a good one from a "cost to own" point of view. I suppose I would minimize angst about the decision by resolving to start a sinking fund and thinking ab...
by camillus
Sun Oct 14, 2018 7:44 pm
Forum: Personal Consumer Issues
Topic: trip to Grand Cayman & dieting [while on vacation]
Replies: 40
Views: 2757

trip to Grand Cayman & dieting [while on vacation]

Hi all, I'm going to Grand Cayman in November with my wife and kids, my parents, and my siblings' families. I suppose I'm looking for recommendations of things to do there that are enjoyable for a group of adults, but also with an infant and 4 year old (my kids). Additionally, I've been on a calorie...
by camillus
Sat Oct 13, 2018 10:17 pm
Forum: Local Chapters and Bogleheads Community
Topic: West Michigan Bogleheads Chapter - chat
Replies: 38
Views: 2325

Re: West Michigan Bogleheads Chapter - chat

The Northpointe 5% has an interesting story. Apparently one representative from the bank was working with Doctor of Credit to publicize the account, unfortunately, Northpointe got loads and loads of applicants that did the bare minimum to earn 5% all the way up to the max balance - often with 10 or ...
by camillus
Sat Oct 13, 2018 10:11 pm
Forum: Personal Consumer Issues
Topic: Making Winter Camping more comfortable
Replies: 39
Views: 2721

Re: Making Winter Camping more comfortable

I'm on an airbnb kick lately.

I would suggest looking at airbnb in the area you would like to camp. There might be a little cabin available, maybe primitive, maybe not.
by camillus
Fri Oct 12, 2018 11:12 pm
Forum: Local Chapters and Bogleheads Community
Topic: West Michigan Bogleheads Chapter - chat
Replies: 38
Views: 2325

Re: New West Michigan Bogleheads Chapter Established

I suppose one thing we can discuss is how best to take advantage of local resources, for instance, we have some great credit unions.
by camillus
Sat Oct 06, 2018 9:50 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing a better retirement 401k fund on TIAA
Replies: 6
Views: 442

Re: Choosing a better retirement 401k fund on TIAA

For what it's worth, I also have a TIAA 403(b) with a similar fund selection. I anticipate someone replying to you saying you should look into the TIAA Real Estate and TIAA Traditional (which you did not list). IMHO, these are consolation prizes for being stuck with TIAA, although Trad can be used t...
by camillus
Wed Oct 03, 2018 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: social considerations with gaming credit cards
Replies: 21
Views: 2563

Re: social considerations with gaming credit cards

Everyone is playing the numbers: the consumer, the merchant, the card issuer. The consumer is trying to reduce costs of consumption, or maximize rewards. The merchant is trying to increase volume by making purchasing convenient. The issuer is trying to entice sign-ups and higher balances. Each party...
by camillus
Tue Oct 02, 2018 11:37 am
Forum: Personal Consumer Issues
Topic: should i submit geico claim or not
Replies: 10
Views: 515

Re: should i submit geico claim or not

One important question is what is your deductible.

Still, I would just pay out of pocket.
by camillus
Mon Oct 01, 2018 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Suze Orman - "I hate the FIRE movement."
Replies: 75
Views: 9512

Re: Suze Orman - "I hate the FIRE movement."

She believes that SS is in real jeopardy, and counting on receiving benefits on almost any level is a mistake... She believes that unemployment will be 25% in a decade or two, and that tax rates will increase dramatically. This is a near apocalyptic scenario. Unemployment in 1933 was 25%. Most reti...
by camillus
Mon Oct 01, 2018 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA for myself and wife
Replies: 7
Views: 406

Re: Roth IRA for myself and wife

Here are the points I am seeking for suggestions: - is it wise for the wife and my Roth to have the same funds or should we diversify the accounts? - is it wise to have the Roths be the same as funds in our portfolio? Your two new Roths can and perhaps should hold the same funds as each other and a...
by camillus
Sun Sep 30, 2018 5:26 am
Forum: Personal Consumer Issues
Topic: College Student Performance Issues
Replies: 83
Views: 4649

Re: College Student Performance Issues

"Dear DD, Your father and I love you very much and want to do everything we can for you to succeed and have a lot of joy in your life. We know that being in college is very exciting, making great friends and being around new people, but we are concerned that you aren't taking the academic side of th...
by camillus
Sun Sep 30, 2018 3:54 am
Forum: Personal Finance (Not Investing)
Topic: 0% loan to family member
Replies: 44
Views: 2720

Re: 0% loan to family member

You now need to track these payments from your brother. I can see him saying “I paid it all back and want my fair share” as the estate is settled. It would be easier if you tracked these payments as they happened (or don’t happen) versus trying to go back through your father’s records. Just a thoug...
by camillus
Mon Sep 24, 2018 7:47 pm
Forum: Personal Consumer Issues
Topic: Losing Passion for Hobbies. Cheap or normal aging?
Replies: 71
Views: 9048

Re: Losing Passion for Hobbies. Cheap or normal aging?

I think it's okay to set things aside. I think you'll find you'll eventually return to them and they will come back quickly. Meditating sounds like a new hobby. Personal finance and frugality is also a hobby. I am 35 and have to young boys. I have recently started more physical activity (weight lift...
by camillus
Mon Sep 24, 2018 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to get $100k cash
Replies: 86
Views: 7731

Re: Best way to get $100k cash

Donate a LOT of plasma.
by camillus
Sun Sep 23, 2018 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA vs clergy 403(b) bad ERs, 15% tax brkt
Replies: 8
Views: 909

Re: Roth IRA vs clergy 403(b) bad ERs, 15% tax brkt

Every $420 of additional earnings increases your Average Indexed Monthly Earnings by $1. If you are in the 15% tax bracket, your AIME is probably below the second bend point ($5336 in 2017, corresponding to an average annual salary of $64,032), so that increases your Primary Insurance Amount by 32 ...
by camillus
Sun Sep 23, 2018 5:28 pm
Forum: Investing - Help with Personal Investments
Topic: Emotional Investor - I'm a mess and need help!
Replies: 83
Views: 6434

Re: Emotional Investor - I'm a mess and need help!

I haven't looked recently into the fees in Betterment, but I think they are on par with Vanguard services. Betterment just seems really slick. I don't use them, but I am a fan. The claim is that the automatic tax loss harvesting pays for the fees. Again, the interface is just really slick. If I had ...
by camillus
Sun Sep 23, 2018 1:03 pm
Forum: Personal Consumer Issues
Topic: squeaky lock and hard to turn key
Replies: 18
Views: 1050

Re: squeaky lock and hard to turn key

If you take a good look at the lock mechanism, you might be able to disassemble the whole thing fairly easily and coat everything with oil or WD40 (or graphite, apparently). That will get it in tip top shape. I did this recently with all the 90 year old interior locks around my house upstairs. It wa...
by camillus
Sun Sep 23, 2018 12:56 pm
Forum: Investing - Help with Personal Investments
Topic: Emotional Investor - I'm a mess and need help!
Replies: 83
Views: 6434

Re: Emotional Investor - I'm a mess and need help!

Stated goal: Find a way to be more involved in investing.

Problem: You are a horrible investor. Sorry.

Solution: Change the goal so that you are involved as little as possible with your investing.
by camillus
Sun Sep 23, 2018 3:54 am
Forum: Personal Consumer Issues
Topic: How to get rid of rabbits
Replies: 66
Views: 3784

Re: How to get rid of rabbits

I have rabbits in my yard and they just eat the clover :happy
by camillus
Sun Sep 23, 2018 3:37 am
Forum: Investing - Help with Personal Investments
Topic: Should we pay off $90K mortgage with idle cash or not?
Replies: 46
Views: 5855

Re: Should we pay off $90K mortgage with idle cash or not?

I am not brave enough to click on a link without any surrounding information.

I'll answer the question without clicking: No, invest that money per your AA.
by camillus
Sun Sep 23, 2018 3:36 am
Forum: Investing - Theory, News & General
Topic: How do you define your success in our life, career and job?
Replies: 25
Views: 1850

Re: How do you define your success in our life, career and job?

I'm a religious person, so a good part of the answer to this question has to do with that. Being highly paid or wealthy is actually not a direct indicator of success for me. Rather: to do meaningful work and to be improving at it, to live in security and provide a stable home for my family, to provi...
by camillus
Sun Sep 23, 2018 2:27 am
Forum: Investing - Help with Personal Investments
Topic: Which do I pick? Roth 401(k) or Traditional 401(k)?
Replies: 36
Views: 2635

Re: Which do I pick? Roth 401(k) or Traditional 401(k)?

Some benefits to a Roth IRA for young people:

1) Contributions can be withdrawn in case of emergency or other circumstance
2) Earnings can be withdrawn without penalty for school or down payment
by camillus
Sun Sep 23, 2018 2:25 am
Forum: Personal Finance (Not Investing)
Topic: Physical Banking - Any benefits anymore?
Replies: 139
Views: 8816

Re: Physical Banking - Any benefits anymore?

watchnerd wrote:
Sun Sep 23, 2018 2:20 am
And what credit union is this?

I've never seen 3% on checking in the present era.
https://www.bankrate.com/banking/checki ... unt-rates/
by camillus
Sun Sep 23, 2018 2:18 am
Forum: Personal Finance (Not Investing)
Topic: Physical Banking - Any benefits anymore?
Replies: 139
Views: 8816

Re: Physical Banking - Any benefits anymore?

My B&M credit union gives me 3% on my checking balance. And my 4 year old really does like the lollipops. When I ask him what he wants to do, he will sometimes say go to the bank. Free coffee for me (though often too hot). I go probably every other month to get cash in different denominations for ba...
by camillus
Sat Sep 22, 2018 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: Which do I pick? Roth 401(k) or Traditional 401(k)?
Replies: 36
Views: 2635

Re: Which do I pick? Roth 401(k) or Traditional 401(k)?

I agree with the Roth. Given your age and that you are at the beginning of your earnings curve, a Roth makes more sense. Particularly given the relatively low federal income tax rates. When your salary moves up or if tax rates increase, you can revisit that decision. As a person with more in a tIRA...
by camillus
Sat Sep 22, 2018 3:57 am
Forum: Personal Consumer Issues
Topic: Recommend a To-do app please.
Replies: 26
Views: 2014

Re: Recommend a To-do app please.

Paper journal. Each list is indexed by a Table of Contents. Each page can be a different breakout list for a new project. Different lists for work & home. You can take a photo or just rip out the page if you need a shopping list or to remember something for an errand. You can make simple spreadsheet...
by camillus
Sat Sep 22, 2018 3:10 am
Forum: Investing - Help with Personal Investments
Topic: HELOC as a bonds replacement for drawing down from in a downturn?
Replies: 36
Views: 2358

Re: HELOC as a bonds replacement for drawing down from in a downturn?

Do you have more details about your dad's situation? I've never heard of a HELOC being cancelled per see during 2008. The only thing I've ever seen is that a bank reevaluted the property value, discovered the owner no longer actually had any equity due to their outstanding mortgage, and reduced/rem...
by camillus
Sat Sep 22, 2018 2:50 am
Forum: Investing - Help with Personal Investments
Topic: Coverdell ESA Asset Allocation
Replies: 8
Views: 642

Re: Coverdell ESA Asset Allocation

Here's an alternative approach: Continue to go 100% stock in your ESA, but increase your bond position in your 401k. Why? 1) This takes maximal advantage of the tax benefit of the ESA, ie growth is tax free if used for education. 2) Your total risk stays about the same as if you added bonds to your...
by camillus
Sat Sep 22, 2018 2:47 am
Forum: Investing - Help with Personal Investments
Topic: HELOC as a bonds replacement for drawing down from in a downturn?
Replies: 36
Views: 2358

Re: HELOC as a bonds replacement for drawing down from in a downturn?

Fun story. My dad was reliant on a HELOC to pay for my two younger sibs to go to college in 2009, 2010. In a true downturn the banks are panicking - trying to limit their exposure to the sky that's falling. My pop's line of credit was reduced to zilch. My sibs were S-O-L. More of a sad story. Debt p...
by camillus
Tue Sep 18, 2018 10:39 am
Forum: Investing - Help with Personal Investments
Topic: Coverdell ESA Asset Allocation
Replies: 8
Views: 642

Re: Coverdell ESA Asset Allocation

Here's an alternative approach: Continue to go 100% stock in your ESA, but increase your bond position in your 401k. Why? 1) This takes maximal advantage of the tax benefit of the ESA, ie growth is tax free if used for education. 2) Your total risk stays about the same as if you added bonds to your ...