Search found 128 matches

by tnbison
Wed Aug 14, 2019 1:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 13890
Views: 2279157

Re: U.S. stocks in free fall

DOW is going for 1,000 points drop. I sure wish the news media would start using percentages. 500 pt drop when the dow is at 25000 is much different from when it was 10k. God bless the fearmongering media! And start talking about the S&P instead of the DJIA. I remember the first time I learned abou...
by tnbison
Wed Jul 31, 2019 9:12 pm
Forum: Personal Investments
Topic: Pay off $17k student loan or max out 401k this year?
Replies: 48
Views: 3582

Re: Pay off $17k student loan or max out 401k this year?

You'll be fine either way as long as you already have an emergency fund . Personally, I carry student loans with interest of 3.25%(10+ years into my profession) and a mortgage with 4.25%. I have no intention on paying either off ahead of time. Although I could pay off both, I value the liquidity whe...
by tnbison
Tue Feb 26, 2019 7:02 am
Forum: Personal Consumer Issues
Topic: Tired of gas grills rusting out...
Replies: 120
Views: 17238

Re: Tired of gas grills rusting out...

I bought my weber used for 300 bucks and its nearly 20 years old. Its in great shape. Burner replaced once, upgraded to custom heavy duty stainless grates and flavorizer bars from Ebay seller RCplanebuyer(highly recommended, top notch quality). Honestly can't see myself buying another for at least a...
by tnbison
Sat Feb 09, 2019 9:09 am
Forum: Personal Finance (Not Investing)
Topic: How much would you contribute to retirement if you max your 2019 contributions?
Replies: 43
Views: 3141

Re: How much would you contribute to retirement if you max your 2019 contributions?

Roth IRAs 12000
His 401k 9000
Match 4500
Esop 13500
Her 401k 9250

Total $48250
by tnbison
Sun Jan 27, 2019 9:22 am
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 412
Views: 48133

Re: What lifestyle creep made you happier?

Replaced 42" bottom line lawn mower with 54 inch lawn tractor. Even used it cost more than my first two cars. But it is an awesome machine(power steering is great)
by tnbison
Sat Jan 19, 2019 4:29 pm
Forum: Personal Investments
Topic: Maxing out Roth IRA ASAP vs Monthly
Replies: 11
Views: 1081

Re: Maxing out Roth IRA ASAP vs Monthly

My two cents. When I was on the hump of a tax bracket, I would wait until the year end and contribute enough to traditional to get to the next lowest tax bracket and then contribute the rest to Roth. Now we max Roth's within the first week of the new year. Some may argue that roth is still better, b...
by tnbison
Sat Jan 19, 2019 1:00 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2694
Views: 501402

Re: What are you up YTD? [Year To Date]

2018 return: 25.36%
3 year return*: 28.87%
5 year return*: 21.73%
*annual compound return

run about 50% in index funds, not so much in the other 50%
by tnbison
Fri Jan 18, 2019 12:19 pm
Forum: Personal Investments
Topic: Capital One 360 MM for $500 bonus
Replies: 32
Views: 3869

Re: Capital One 360 MM for $500 bonus

Anyone know if this would work moving money from wife's capital one 360 account to a newly created account for myself?
by tnbison
Tue Sep 25, 2018 11:32 pm
Forum: Personal Consumer Issues
Topic: Anyone ever tired of managing hair and consider shaving to go bald
Replies: 59
Views: 4898

Re: Anyone ever tired of managing hair and consider shaving to go bald

I opted to start shaving my head about 5 years ago, would never go back. I was thinning quite a bit on top. I had a lot of scalp acne which contributed to me being afraid of shaving my head. My scalp is tremendously better now. The act of shaving itself exfoliates. I do have a nicely shaped head tho...
by tnbison
Tue Mar 27, 2018 10:20 pm
Forum: Investing - Theory, News & General
Topic: What would you do if you were in charge of a State Pension Fund?
Replies: 36
Views: 2830

Re: What would you do if you were in charge of a State Pension Fund?

Had a long conversation today about the terrible state of affairs within the union retirement pension plans that my company employs workers out of across the nation. Best I can tell, I, anyone else on this site, or a group of monkeys throwing darts could have done a better job managing these pension...
by tnbison
Tue Feb 13, 2018 8:13 am
Forum: Personal Consumer Issues
Topic: Capital one 360 money market New $500 bonus
Replies: 44
Views: 10347

Re: Capital one 360 money market New $500 bonus

Can anyone tell me how long it took for your money to deposit? Including waiting for the micro transfers? I want to do this but don't want to be a day late!
by tnbison
Sat Jan 27, 2018 10:32 pm
Forum: Personal Consumer Issues
Topic: Cigar buying help
Replies: 39
Views: 3298

Re: Cigar buying help

La Aurora Preferido is(was) my favorite stick. I really don't smoke them very often at all since having kids 4 years ago. TNT cigars had an alternate to it years ago that was so very close to the original and 25% the cost. It was a sad day when they stopped supplying them.
by tnbison
Wed Dec 27, 2017 1:00 pm
Forum: Personal Finance (Not Investing)
Topic: Being bought out of family business(C corp) - need help
Replies: 11
Views: 1287

Re: Being bought out of family business(C corp) - need help

Many businesses with small number of shareholders have an existing agreement between the parties which deals with this situation. These agreements exist to prevent sales to non-family members and to provide a basis for valuation and how payments are made. This subject may be in the Articles of Inco...
by tnbison
Wed Dec 27, 2017 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Being bought out of family business(C corp) - need help
Replies: 11
Views: 1287

Being bought out of family business(C corp) - need help

A very close friend of mine is being bought out of a family business and I want to make sure she is compensated properly. I have some concerns because she is kind of the black sheep of the group. From what she's said she is a 1/3 owner of the business. There are two other owners(all 1/3 ownership). ...
by tnbison
Thu Oct 26, 2017 8:48 am
Forum: Personal Consumer Issues
Topic: Upgrade my Roku?
Replies: 34
Views: 4299

Re: Upgrade my Roku?

Kodi: https://kodi.tv/ Yes, I use my Shield to watch our home videos. Shield may use 'Plex' if you wish and thus integrate things like network drives in your home. I use the Shield by simply plugging in a 2TB drive that has our videos. If I needed something in every room I'd also go with a Roku or ...
by tnbison
Thu Oct 19, 2017 2:07 pm
Forum: Investing - Theory, News & General
Topic: Sitting on cash....Waiting for a crash
Replies: 175
Views: 34440

Re: Sitting on cash....Waiting for a crash

Reading this thread makes me wonder if my cash position is too heavy. DW and I max out all available tax-advantage space but still have about 10% of liquid assets sitting in a couple CDs and regular ol' checking(12 months expenses). By year end I estimate this to be closer to 18 months expenses. Obv...
by tnbison
Tue Oct 17, 2017 3:43 pm
Forum: Personal Consumer Issues
Topic: Advanced protection for Google accounts (Gmail and Drive)
Replies: 8
Views: 1316

Re: Advanced protection for Google accounts (Gmail and Drive)

Looks like a great idea. I don't know enough about cyber security to have an opinion but maybe some others can chime in. Would you be comfortable storing confidential information on google drive using this? Would it be better than a password protected xls file stored locally on a laptop?
by tnbison
Tue Oct 17, 2017 1:23 pm
Forum: Personal Consumer Issues
Topic: Converting to Safety Razors
Replies: 116
Views: 14489

Re: Converting to Safety Razors

If you're thinking of trying Dollar Shave Club, and for those of you who are already using it: It is more cost-effective to buy the razors directly from dollar shave club's supplier. http://www.dorcousa.com/ They are the same razor, different packaging. They are the manufacturers for the razors and...
by tnbison
Mon Oct 16, 2017 2:42 pm
Forum: Personal Consumer Issues
Topic: Buying men's suits ebay/online
Replies: 6
Views: 976

Re: Buying men's suits ebay/online

I would suggest the Benjamin series at ehaberdasher.com. I got the jacket and pants and it totaled $535 probably about 5 years ago. Full canvas, extremely well made suit. You will not be dissapointed
by tnbison
Tue Oct 03, 2017 7:38 am
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 1417
Views: 372225

Re: Share your net worth progression

Been a couple years since I posted in this thread. 1/1/2007: -24,000 1/1/2008: 500 Joined work force 1/1/2009: 15,700 1/1/2010: 32,000 1/1/2011: 64,100 Got married, purchased home 1/1/2012: 140,230 1/1/2013: 220,905 1/1/2014: 309,338(kid #1) 1/1/2015: 376,832 1/1/2016: 457,700(kid #2) 1/1/2017: 571,...
by tnbison
Tue Sep 19, 2017 8:35 pm
Forum: Personal Consumer Issues
Topic: Grass trimmer
Replies: 67
Views: 6530

Re: Grass trimmer

I have an acre with a fence around most of it and a lot of trees. I had(borrowed) a stihl straight shaft for about a year and it was great. I now have a Kobalt 80v cordless electric. I don't like the balance of the kobalt as well. I'm on the taller side at 6'3" and think it would fit a person at 6' ...
by tnbison
Mon Aug 28, 2017 8:38 pm
Forum: Personal Consumer Issues
Topic: Life is short vs bad financial decision
Replies: 12
Views: 1522

Re: Life is short vs bad financial decision

Not enough info posted to say either way but I'll just tell a story. My brother purchased a brand new Harley V-rod, 100th anniversary edition. Probably 22-24k in 2003 Worst money decision he ever made. My two cents(being a motorcycle guy). Keep your eye out for a used Victory. An engineering marvel ...
by tnbison
Sun Jul 16, 2017 8:41 am
Forum: Investing - Theory, News & General
Topic: need help evaluating new 401k fees
Replies: 5
Views: 712

Re: need help evaluating new 401k fees

The fee is .2825% of of assets each quarter. So yes it is 1.13% annually (assuming no contributions). At least I think I did that right annual rate=((1+.002825)^4)-1

Although it isn't very good, we don't have any other tax advantage space available. There are .14% ER vanguard funds available
by tnbison
Sat Jul 15, 2017 9:32 pm
Forum: Investing - Theory, News & General
Topic: need help evaluating new 401k fees
Replies: 5
Views: 712

Re: need help evaluating new 401k fees

Thank you for the replies. We're gonna go ahead and sign up with the max of 18%. That'll push our savings rate up to 37% of gross(not including any bonuses). We'll leave it there and see how it goes.
by tnbison
Sat Jul 15, 2017 9:36 am
Forum: Investing - Theory, News & General
Topic: need help evaluating new 401k fees
Replies: 5
Views: 712

need help evaluating new 401k fees

My DW is now eligible to participate in her company's 401k. I have only worked for my current employer who has a 401k so I don't have more data to compare this new 401k to. All admin fees for my 401k are paid for by my company and the funds are mostly vanguard with rock bottom ERs. DWs new 401k has ...
by tnbison
Fri Jun 02, 2017 7:30 am
Forum: Personal Consumer Issues
Topic: Roomba or competitor?
Replies: 22
Views: 4501

Re: Roomba or competitor?

tnbison wrote:Our Eufy robovac 11(first robot vac) is arriving tomorrow. I'll post an update after a week or so.
So we've had our Eufy for a month and have only picked up a broom a few times. Where as before we were manually sweeping every few days at least. This thing is an awesome tool for the money.
by tnbison
Mon May 22, 2017 7:32 pm
Forum: Personal Consumer Issues
Topic: To auto loan or not to auto loan?
Replies: 23
Views: 2830

Re: To auto loan or not to auto loan?

whodidntante wrote:I recently financed 40 grand for 5 years at 1.89%. I prefer liquidity to a lack of debt.
I agree, we opted for a 3 yr 22k loan at 1.79%. At such a low interest rate I prefer the appeal of having a larger cash reserve.
by tnbison
Tue May 02, 2017 10:43 pm
Forum: Personal Consumer Issues
Topic: Roomba or competitor?
Replies: 22
Views: 4501

Re: Roomba or competitor?

Our Eufy robovac 11(first robot vac) is arriving tomorrow. I'll post an update after a week or so.
by tnbison
Sat Apr 22, 2017 8:52 pm
Forum: Personal Consumer Issues
Topic: Hotel Living
Replies: 20
Views: 4260

Re: Hotel Living

I lived in and out of hotels for a couple of years early in my career. One thing to keep in mind is as soon as you stay for over 30 days(<--I think that is the time frame) all taxes are refunded/credited to your stay because your are legally a resident of the hotel.
by tnbison
Mon Jan 30, 2017 8:45 pm
Forum: Personal Consumer Issues
Topic: Preserving Old DVD Content
Replies: 20
Views: 3516

Re: Preserving Old DVD Content

Following
by tnbison
Tue Jan 24, 2017 7:37 pm
Forum: Personal Investments
Topic: tax advice(TRAD IRA to ROTH recharacterization)
Replies: 8
Views: 1050

Re: tax advice(TRAD IRA to ROTH recharacterization)

I used the term recharacterize since I had already paid income tax on the $5500. If it was a true conversion wouldn't I owe income taxes on the $5500? I did not state that I had contributed $5500 to my Traditional IRA on my 2015 taxes since I converted(being the correct term, thanks for that). So if...
by tnbison
Tue Jan 24, 2017 4:56 pm
Forum: Personal Investments
Topic: tax advice(TRAD IRA to ROTH recharacterization)
Replies: 8
Views: 1050

tax advice(TRAD IRA to ROTH recharacterization)

In January 2016 I contributed $5,500 into my Traditional IRA at Vanguard for the 2015 tax year. I have have a form 5498 for year 2015 from Vanguard showing this. I then realized shortly after the contribution that most of this contribution would be non-deductible so I decided to recharacterize the c...
by tnbison
Tue Jan 17, 2017 4:26 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2694
Views: 501402

Re: What are you up YTD? [Year To Date]

Finally got around to figuring this. Returns for as of end of 2016.

Trailing portfolio return (time-weighted return, comparable return)
YTD 24.47%
3 years* 15.84%
5 years* 18.26%

*Annual compound return

I'm heavily tilted toward employer stock.
by tnbison
Thu Dec 15, 2016 8:50 am
Forum: Personal Finance (Not Investing)
Topic: 4runner vs. Highlander?
Replies: 43
Views: 15969

Re: 4runner vs. Highlander?

We looked at both. Ended up going with a used 4runner we got at a steal from a good friend. My wife loves it. I like the looks of the 4runner but don't particularly like driving it for one "small" reason. There is very little room between the brake pedal and guess what you would call the transmissio...
by tnbison
Mon Dec 12, 2016 12:11 am
Forum: Personal Finance (Not Investing)
Topic: Kitchen Cabinet Info
Replies: 10
Views: 2264

Re: Kitchen Cabinet Info

http://www.coolknobsandpulls.com We bought 40 oil rubbed bronze pulls here. They look great. Pretty sure we paid about $1.25 each. Took a while to get them though. Will definitely go back there if we ever need any more. We did buy hinges too and at first it bugged because they didn't match great but...
by tnbison
Mon Nov 07, 2016 11:34 pm
Forum: Personal Finance (Not Investing)
Topic: Keep company truck or get allowance?
Replies: 10
Views: 1823

Re: Keep company truck or get allowance?

Thank you all for your replies! Think I'll stick with the company truck as long as I'm allowed :sharebeer
by tnbison
Mon Nov 07, 2016 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Keep company truck or get allowance?
Replies: 10
Views: 1823

Keep company truck or get allowance?

I currently have a 2014 full size crew cab pickup through work(84,000 miles). The current resale value is probably $22,000(not sure if this matters). This is a company owned vehicle that I drive to and from work and for unlimited personal use. The payments, insurance, fuel, and maintenance are all p...
by tnbison
Wed Aug 31, 2016 9:48 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2694
Views: 501402

Re: What are you up YTD? [Year To Date]

48% single stock, remainder currently split 85/15 sliced and diced

Trailing portfolio returns (time-weighted returns, comparable returns)
Portfolio returns as of 8/31/2016
1 month 2.87%
3 months 14.79%
6 months 19.97%
YTD 16.58%

3 years* 17.54%
5 years* 16.47%

*annual compound return
by tnbison
Wed Aug 03, 2016 8:23 am
Forum: Personal Consumer Issues
Topic: To Lasik or not?
Replies: 34
Views: 4101

Re: To Lasik or not?

Had it 7 years ago at age 24. Best money I ever spent. The halos around lights, especially at night, were annoying but eventually faded(can't remember how long it took).
by tnbison
Thu Jun 30, 2016 7:46 am
Forum: Personal Consumer Issues
Topic: Favorite ski resort
Replies: 61
Views: 6329

Re: Favorite ski resort

Big Sky is great, huge resort with short lift lines. And you can go to moonlight basin nearby which has a lot more groomed runs.

Whitefish, MT also a great off the beaten path mountain.
by tnbison
Fri Jun 03, 2016 7:47 am
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 2694
Views: 501402

Re: What are you up YTD? [Year To Date]

I'm up 18.36% according to my excel spreadhseet using XIRR. Can someone check my math? When I plug those figures into excel, my XIRR is 18.36%. Is this accurate? Why is it so high. I get that everything will be magnified for a first time investor like me, but it still seems a bit excessive. Have I ...
by tnbison
Fri May 27, 2016 7:18 am
Forum: Investing - Theory, News & General
Topic: Can I just let my money compound now?
Replies: 51
Views: 7675

Re: Can I just let my money compound now?

unclescrooge wrote: It's amazing how in 1999, people thought stocks were supposed to return 15% a year, and it would continue forever...and now a lot of people think 5% is too high!
Recency bias is a powerful thing
by tnbison
Mon Feb 29, 2016 11:02 pm
Forum: Investing - Theory, News & General
Topic: What is your target portfolio size?
Replies: 66
Views: 10034

Re: What is your target portfolio size?

Isn't a number like "25x" the same as saying I expect to die by 25 years after I retire, and have no increase in expenses due to inflation? If I understand the 25x (or 30x, or whatever), it means you would retire when you have 25 time last year's actual expenses. So a number like 25x really works o...
by tnbison
Thu Jan 28, 2016 9:05 pm
Forum: Personal Investments
Topic: went over income limit for deductible ira, now what?
Replies: 5
Views: 927

Re: went over income limit for deductible ira, now what?

Thank you all. I just converted everything to my Roth to save any confusion. Vanguard rep walked me through steps on the website, very easy.

I have an employer 401k and exceeded the income limits.
by tnbison
Thu Jan 28, 2016 3:18 pm
Forum: Personal Investments
Topic: went over income limit for deductible ira, now what?
Replies: 5
Views: 927

went over income limit for deductible ira, now what?

I contributed the max $5500 to a traditional IRA. While doing my taxes it looks like $3940 of that is nondeductible. There has been gains since this money was contributed. Can I just call Vanguard to withdraw the nondeductible portion? or have it moved to my roth? I don't want to complicate things d...