Search found 123 matches

by mx711yam
Tue Nov 20, 2018 4:53 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 397
Views: 25717

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

For those transferring from Saturna with Vanguard admiral shares to this new Fidelity option, what is the fastest way to accomplish this? I was told by Fidelity that an in-kind transfer of VTSAX is not possible. I don’t want to lose $500 in market value while waiting for cash to transfer to save $2...
by mx711yam
Sun Nov 18, 2018 12:57 pm
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 397
Views: 25717

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

So guidance to get out of Saturna closing fee is pull all cash then close? Given that Saturna is a brokerage account, I'm wondering if couldn't be transferred as is? They still may charge a transfer or account closing fee! Sorry didn't clarify well enough. That is what I'm trying to do is avoid the...
by mx711yam
Sun Nov 18, 2018 8:07 am
Forum: Investing - Theory, News & General
Topic: Rumor mill - Fidelity starting individual HSA's Nov. 15th
Replies: 397
Views: 25717

Re: Rumor mill - Fidelity starting individual HSA's Nov. 15th

So guidance to get out of Saturna closing fee is pull all cash then close?
by mx711yam
Wed Nov 14, 2018 4:02 pm
Forum: Investing - Theory, News & General
Topic: Are you all staying the course?
Replies: 114
Views: 6973

Re: Are you all staying the course?

With the amount of hand-wringing happening here with this minor spike in volatility, I'm fascinated to see how this forum responds if we enter a significant downturn. It feels like a lot of people here have never experienced anything but a bull market. It's really given me an understanding of why t...
by mx711yam
Thu Nov 01, 2018 7:38 pm
Forum: Personal Finance (Not Investing)
Topic: Extreme credit card debt
Replies: 37
Views: 4178

Re: Extreme credit card debt

You got in the debt, get out. Snowball method.
by mx711yam
Mon Oct 22, 2018 10:49 am
Forum: Personal Consumer Issues
Topic: Sequoia or Land Cruiser
Replies: 25
Views: 1380

Re: Sequoia or Land Cruiser

I looked at both of these, same age range you're talking about, then drove an expedition. For the money, I couldn't pass up what Ford has done on the 2015 and newer expeditions.
by mx711yam
Mon Oct 22, 2018 10:47 am
Forum: Investing - Help with Personal Investments
Topic: For those who paid off house - how did you do it?
Replies: 97
Views: 7709

Re: For those who paid off house - how did you do it?

I did option 1. Every extra dime went to mortgage until it was paid for.
by mx711yam
Mon Sep 17, 2018 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Aimloan.com for a refinance?
Replies: 12
Views: 868

Re: Aimloan.com for a refinance?

I used them 6 years ago, great experience.
by mx711yam
Wed Sep 12, 2018 3:51 pm
Forum: Personal Consumer Issues
Topic: Picking a Charity
Replies: 69
Views: 2926

Re: Picking a Charity

I do st judes and make a wish, soft spot for kids.

Go to charity navigator it will tell you if the charity you choose responsibly uses your money.
by mx711yam
Sat Sep 08, 2018 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Switching Careers - From IT to Police Officer
Replies: 37
Views: 4276

Re: Switching Careers - From IT to Police Officer

I was a State Trooper for 8 years and reserve as a local now so feel free to PM me if you would like. I will say this, you will not make the difference you think you will. Looking back on my time, I made 1 true difference (rescued sexual assault victim) but at a HUGE expense to family life. Cops use...
by mx711yam
Fri Sep 07, 2018 9:08 am
Forum: Personal Consumer Issues
Topic: Car Shopping, Seem to lose my Boglehead way each time help!!
Replies: 37
Views: 3022

Re: Car Shopping, Seem to lose my Boglehead way each time help!!

At the dealership picking up a new truck now. I have an opposition to paying more than 30k for a new car but don't like used so I found a new f150 bare bones xlt for 28,700. Considering used go for about the same price may as well buy new. Don't be suckered into the features you don't need!
by mx711yam
Fri Aug 31, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Emergency fund size
Replies: 72
Views: 6589

Re: Emergency fund size

I keep 50k but expense wise I only need 36. But I sleep better with 50.
by mx711yam
Sat Jul 21, 2018 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: Union Bank 18-month CD @ 2.75% APY
Replies: 33
Views: 3418

Re: Union Bank 18-month CD @ 2.75% APY

Wow, 9 month 2.75, I'm in.
by mx711yam
Sat Jul 07, 2018 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Which route for older adult with no retirement?
Replies: 19
Views: 2599

Re: Which route for older adult with no retirement?

If you find it corrupt working there, go start your own salon. I started my own company and you will be shocked the amount of operating bills you have. I used to think all business owners were loaded until I started a business. Yes it's legal to start a Roth IRA, you're making income and reporting it.
by mx711yam
Wed Jun 27, 2018 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Lost out on promotion
Replies: 104
Views: 11111

Re: Lost out on promotion

Just start your own company. Then you truly are rewarded for what you bring to the table. Double edged sword though, you quickly find out how good you are vs how good you thought you were!
by mx711yam
Fri Jun 22, 2018 7:45 pm
Forum: Personal Finance (Not Investing)
Topic: What is/ was your career and would you recommend it now?
Replies: 345
Views: 35848

Re: What is/ was your career and would you recommend it now?

I was State Trooper. NO I WOULD NOT RECOMMEND BEING A POLICE OFFICER.

I now own a business. Definitely recommend owning your own business if you can deal with the feast/famine world and the stress that comes with that. :sharebeer
by mx711yam
Wed Jun 20, 2018 7:30 am
Forum: Personal Consumer Issues
Topic: Help Buying Mens Shoes for Work and Dating
Replies: 97
Views: 9408

Re: Help Buying Mens Shoes for Work and Dating

I just got a pair of Allen Edmonds hopkinsons, they are sweet. Very comfortable, but very expensive.
by mx711yam
Thu May 31, 2018 6:21 pm
Forum: Personal Finance (Not Investing)
Topic: Beach condo vs mountain cabin investment property
Replies: 30
Views: 2793

Re: Beach condo vs mountain cabin investment property

Family member has 1 of each. Makes almost twice as much with cabin, but it's huge.
by mx711yam
Sun May 27, 2018 9:27 pm
Forum: Personal Consumer Issues
Topic: Buying Ford Extended Warranty online vs different plan offered by the Dealer...
Replies: 21
Views: 1533

Re: Buying Ford Extended Warranty online vs different plan offered by the Dealer...

You can buy the factory ford warranty online through 2 different ford dealers and it's WAY cheaper. That's what I did but I can't recall the 2 dealers that offer it, if you google it I'm sure it will pop up. Factory warranty through a factory dealer.
by mx711yam
Wed May 16, 2018 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Golden Handcuffs
Replies: 53
Views: 9295

Re: Golden Handcuffs

I left law enforcement with only 8 years left until a full pension to start my own company. Worth it in my opinion, but everyones financials are different.
by mx711yam
Fri May 11, 2018 9:41 am
Forum: Personal Consumer Issues
Topic: Home Fire/Burglar Safe
Replies: 21
Views: 1678

Re: Home Fire/Burglar Safe

Get a Ft. Knox or American Security. I don't even worry about my stuff anymore.
by mx711yam
Sun Apr 08, 2018 6:14 pm
Forum: Local Chapters and Bogleheads Community
Topic: Too much Bogleheads.org?
Replies: 90
Views: 15205

Re: Too much Bogleheads.org?

It gets worse. Just wait until your wife will no longer listen to you when all you want to talk about is money haha
by mx711yam
Wed Mar 28, 2018 3:29 pm
Forum: Local Chapters and Bogleheads Community
Topic: A lot of heavy hitters this morning
Replies: 244
Views: 23293

Re: A lot of heavy hitters this morning

I completely agree. I tell me wife all the time how we're poor ( really we're probably the 1% for our age) and she goes off on me. But when you see how much some of these other people on here have and make, it sure does make you feel poor! I have had to kind of limit the amount of time I have spent ...
by mx711yam
Wed Feb 21, 2018 3:11 pm
Forum: Personal Consumer Issues
Topic: Good Hotel in DC
Replies: 46
Views: 4048

Re: Good Hotel in DC

I stayed at the W. Excellent location but pretty pricey.
by mx711yam
Tue Feb 13, 2018 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Job is starting to suck the life out of me.
Replies: 80
Views: 10874

Re: Job is starting to suck the life out of me.

I went through the same thing when I was a cop. Fought it for 6 years until the quality of family life started to suffer, and then I got out.

I started my own company. That has its own set of problems, but not like what I dealt with as a cop.
by mx711yam
Tue Feb 13, 2018 10:38 am
Forum: Investing - Help with Personal Investments
Topic: Did you learn anything from the market correction?
Replies: 160
Views: 14085

Re: Did you learn anything from the market correction?

I'm 31 and 100% stocks. I learned that I have even better risk tolerance than I thought. I actually bought more when the market started going down. I didn't freak out at all and it doesn't seem to phase me or hurt my sleep at night. I'm glad I'm 100% in stocks. On a side note I do have a fully paid ...
by mx711yam
Tue Feb 06, 2018 12:13 am
Forum: Investing - Help with Personal Investments
Topic: Torn between Vanguard, Fidelity and Schwab
Replies: 182
Views: 29740

Re: Torn between Vanguard, Fidelity and Schwab

I'm shocked to read all the vanguard responses so far. BH is usually pro vanguard.
by mx711yam
Tue Jan 23, 2018 11:21 am
Forum: Personal Consumer Issues
Topic: Is a minivan the only commuter vehicle / backup with 3 children?
Replies: 40
Views: 3096

Re: Is a minivan the only commuter vehicle / backup with 3 children?

Three kids here, 4, 2, nb. Just bought a used 2015 expedition last week after we grew out if a grand Cherokee. I'm really liking it so far. With three massive car seats, we wither had to go large SUV or minivan. My wife was not having a minivan lol.
by mx711yam
Thu Jan 04, 2018 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Co-owners with different compensation - i401k vs SEP IRA
Replies: 15
Views: 932

Re: Co-owners with different compensation - i401k vs SEP IRA

Yeah I'm positive. We had an attorney review it. Most of them just moonlight for me since they have full time jobs and then do part time work for me when they're available and I have openings for them.
by mx711yam
Wed Jan 03, 2018 11:59 am
Forum: Investing - Help with Personal Investments
Topic: Co-owners with different compensation - i401k vs SEP IRA
Replies: 15
Views: 932

Re: Co-owners with different compensation - i401k vs SEP IRA

They're all 10-99. I don't think any of them will be at 1000 hours.

What I'm hearing is the 401k has more hoops than SEP IRA?
by mx711yam
Wed Jan 03, 2018 9:03 am
Forum: Investing - Help with Personal Investments
Topic: Co-owners with different compensation - i401k vs SEP IRA
Replies: 15
Views: 932

Re: Co-owners with different compensation - i401k vs SEP IRA

Thanks for the replies and helping me out guys, I appreciate it. Ok so last year was the first full year. We are still working on W2's with the CPA but it will look kind of like this: Person 1: $40,000 Person 2: $60,000 Everyone that works for us are contractors at the moment because we aren't a hug...
by mx711yam
Tue Jan 02, 2018 6:43 pm
Forum: Investing - Help with Personal Investments
Topic: Co-owners with different compensation - i401k vs SEP IRA
Replies: 15
Views: 932

Re: Co-owners with different compensation - i401k vs SEP IRA

Correct each one of us is paid differently depending on the amount of cases we go out. That is where this whole thing gets messy if we are wanting to be even on payments apart from the actual on site work.
by mx711yam
Tue Jan 02, 2018 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Co-owners with different compensation - i401k vs SEP IRA
Replies: 15
Views: 932

Re: Co-owners with different compensation - i401k vs SEP IRA

The company makes the contribution to the plans but has to contribute an equal percentage of pay. So if it's 25% of 100k, that employee gets 25k in their account whereas the employee that makes 50k only get 12.5k put into their account. So the first employee would get an additional pay equivalent to...
by mx711yam
Tue Jan 02, 2018 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Co-owners with different compensation - i401k vs SEP IRA
Replies: 15
Views: 932

Co-owners with different compensation - i401k vs SEP IRA

Hey guys, need some input and searched the forums but didn't see a similar scenario. Hopefully I didn't miss it. My business partner and I started a company at the end of 2016. We are now making plenty of money and I want to either do a SEP IRA or an i401k. The odd thing about our W2 compensation is...
by mx711yam
Mon Nov 20, 2017 8:20 pm
Forum: Personal Consumer Issues
Topic: Drive it till it dies. It died.
Replies: 54
Views: 7277

Re: Drive it till it dies. It died.

The CVT in my 2014 Altima went out the other day. I only had 85000 miles. They tried to charge me $7,000 for it but I called Nissan and complained and they were able to do the whole thing for $1100. So definitely call and complain and also don't ever buy a Nissan again. I won't.
by mx711yam
Wed Oct 18, 2017 2:09 pm
Forum: Personal Consumer Issues
Topic: Anyone who started a business what made you comfortable enough to take the chance?
Replies: 25
Views: 2609

Re: Anyone who started a business what made you comfortable enough to take the chance?

I quit being a State Trooper last year, making over 100k a year, to start a PI and Security Firm. Both of my parents are entrepreneurs who own a successful company so I grew up wanting to do that at some point in my life. The jump from steady government income to uncertainty was hard, but so far it'...
by mx711yam
Sat Oct 14, 2017 11:20 pm
Forum: Personal Finance (Not Investing)
Topic: New HSA provider Lively offers investments for $30/yr fee
Replies: 330
Views: 48702

Re: New HSA provider Lively offers investments for $30/yr fee

Left account open but staying with SelectAccount HSA for now, b/c the minimal difference in expenses isn't worth the hassle of two active accounts. I understand that. :beer I've been grumbling about the growing fees in my employer-sponsored HSA for two years. Twice, I had even downloaded all of the...
by mx711yam
Fri Oct 13, 2017 8:59 am
Forum: Investing - Help with Personal Investments
Topic: Payoff Rental or lower Primary Loan -> Mortgage Deduction Interest Question
Replies: 14
Views: 1009

Re: Payoff Rental or lower Primary Loan -> Mortgage Deduction Interest Question

I was in a similar situation to you and paid off the rental house for the extra monthly cash flow. It allowed me to quit my job and start a business. Although it wasn't the best way to reduce taxes it was the best way to gain freedom.
by mx711yam
Wed Nov 30, 2016 9:36 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off mortgage?
Replies: 107
Views: 9801

Re: Pay off mortgage?

I paid off the mortgage on my rental house, which enabled me to then quit my job the next week to start a company I have wanted to do for years. Having a paid off mortgage was more important for me psychologically than financially. It offered freedom.
by mx711yam
Wed Oct 26, 2016 8:22 pm
Forum: Investing - Help with Personal Investments
Topic: Governmental 457 for early retirement
Replies: 2
Views: 675

Re: Governmental 457 for early retirement

That's what I was doing before I resigned from the government.
by mx711yam
Tue Jul 26, 2016 9:54 am
Forum: Personal Consumer Issues
Topic: What is your plan if you lose job tomorrow ??
Replies: 73
Views: 8927

Re: What is your plan if you loose job tomorrow ??

As a matter of fact, I'm going to be quitting in 2 months to start my own security company. I despise my job, so I'm looking forward to having my own business and working whatever hours I want. I'm stressed that I won't have a steady paycheck, but life is too short to work somewhere you absolutely ...
by mx711yam
Tue Jul 26, 2016 9:18 am
Forum: Personal Consumer Issues
Topic: What is your plan if you lose job tomorrow ??
Replies: 73
Views: 8927

Re: What is your plan if you loose job tomorrow ??

As a matter of fact, I'm going to be quitting in 2 months to start my own security company. I despise my job, so I'm looking forward to having my own business and working whatever hours I want. I'm stressed that I won't have a steady paycheck, but life is too short to work somewhere you absolutely h...
by mx711yam
Sat Jul 23, 2016 9:00 am
Forum: Investing - Help with Personal Investments
Topic: Help with leaving employment - rollover pension or leave it?
Replies: 19
Views: 1653

Re: Help with leaving employment - rollover pension or leave it?

I appreciate all the guidance and insight so far from both sides. Thank you guys very much, looking forward to any additional comments.
by mx711yam
Sat Jul 23, 2016 6:02 am
Forum: Investing - Help with Personal Investments
Topic: Help with leaving employment - rollover pension or leave it?
Replies: 19
Views: 1653

Re: Help with leaving employment - rollover pension or leave it?

Thanks for the link. Unfortunately I can't read it, it says I have to subscribe to view the article.
by mx711yam
Sat Jul 23, 2016 4:52 am
Forum: Investing - Help with Personal Investments
Topic: Help with leaving employment - rollover pension or leave it?
Replies: 19
Views: 1653

Re: Help with leaving employment - rollover pension or leave it?

Yeah my original thought was to yank it out. Are there any calculators to use for a comparison between the 2 options?
by mx711yam
Fri Jul 22, 2016 11:24 am
Forum: Investing - Help with Personal Investments
Topic: Help with leaving employment - rollover pension or leave it?
Replies: 19
Views: 1653

Re: Help with leaving employment - rollover pension or leave it?

The pension will NOT be COLA and i can't even begin drawing for another 30 years. But it does have a survivor benefit if I lower the monthly payment to roughly 950.
by mx711yam
Fri Jul 22, 2016 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Help with leaving employment - rollover pension or leave it?
Replies: 19
Views: 1653

Re: Help with leaving employment - rollover pension or leave it?

Thanks for the responses so far. A little more info Paid off rental house, value 165k Half equity in primary residence, value 300k Retirement accounts about 200k Emergency fund 35k Wife works part time but makes good money. Just shy of enough to support us without me getting a paycheck I'll be leavi...
by mx711yam
Fri Jul 22, 2016 9:26 am
Forum: Investing - Help with Personal Investments
Topic: Help with leaving employment - rollover pension or leave it?
Replies: 19
Views: 1653

Help with leaving employment - rollover pension or leave it?

I'll be leaving state law enforcement very soon. I'm 30 years old, my options are to leave the 36k in my pension plan in place and get an annuity of 1,000 a month when I turn 60, or to roll the 36k into an ira. I'm guessing that 1,000 a month when I'm 60 will be worth less than half of that. So shou...
by mx711yam
Sat Jul 09, 2016 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Employment ideas for former Police?
Replies: 37
Views: 4165

Re: Employment ideas for former Police?

You guys are awesome. I have gotten some great ideas.

I have bachelor's degrees in criminal justice and history. I'm not sure how much that changes anything, but just to give a little more info.