Search found 121 matches

by HockeyFan99
Mon Jul 27, 2020 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Shifting to a new insurance company
Replies: 3
Views: 227

Shifting to a new insurance company

We are moving states (from NY to NJ) and, as a result, have to switch to a new insurance agent / company. We have / need the following policies: 1. Homeowners (HO-6) 2. Auto 3. Umbrella 4. Worker's compensation (for the nanny that we now are employing due to COVID and school / daycare closures) (To ...
by HockeyFan99
Wed Jul 01, 2020 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Decision to make on mortgage (first time homebuyer)
Replies: 8
Views: 705

Re: Decision to make on mortgage (first time homebuyer)

Thank you for the feedback! Are you paying extra for the 90-day lock? If so, consider whether that cost is worth the security, when no major rate increases are expected for awhile. No. Have asked this twice and it's no fee, although it did wind up being shortened to a 75 day lock, after which it's ...
by HockeyFan99
Wed Jul 01, 2020 11:53 am
Forum: Personal Finance (Not Investing)
Topic: Decision to make on mortgage (first time homebuyer)
Replies: 8
Views: 705

Re: Decision to make on mortgage (first time homebuyer)

Thank you for the feedback! Are you paying extra for the 90-day lock? If so, consider whether that cost is worth the security, when no major rate increases are expected for awhile. No. Have asked this twice and it's no fee, although it did wind up being shortened to a 75 day lock, after which it's a...
by HockeyFan99
Wed Jul 01, 2020 11:50 am
Forum: Personal Consumer Issues
Topic: The non-mortgage pieces of buying a home
Replies: 18
Views: 2156

Re: The non-mortgage pieces of buying a home

Have the home inspected for mold. Mold exposure almost killed me several years ago. You don't want your children to be exposed to it. We are now into the inspection phase and talking to inspectors most seem to look for evidence of mold and if they find it recommend a separate test / inspection. Is ...
by HockeyFan99
Wed Jul 01, 2020 10:02 am
Forum: Personal Finance (Not Investing)
Topic: Decision to make on mortgage (first time homebuyer)
Replies: 8
Views: 705

Re: Decision to make on mortgage (first time homebuyer)

What is your down payment? How much are you borrowing? You get the best rate if you can put down 40% or more. Edited initial post to clarify 20% down. It's a non-jumbo loan in the $500K range. We could do 40% but only if we liquidated a bunch of assets in our brokerage account and took a capital ga...
by HockeyFan99
Wed Jul 01, 2020 7:09 am
Forum: Personal Finance (Not Investing)
Topic: Decision to make on mortgage (first time homebuyer)
Replies: 8
Views: 705

Decision to make on mortgage (first time homebuyer)

Hi all - Have been doing my best to shop around for mortgage as we just went under contract for our first home (a townhouse, which I believe is actually a condo and not a "true" townhouse, although I am trying to confirm this). I have so far been able to connect with Ally, Citi, Chase, Bank of Ameri...
by HockeyFan99
Fri Jun 12, 2020 10:45 pm
Forum: Personal Consumer Issues
Topic: The non-mortgage pieces of buying a home
Replies: 18
Views: 2156

Re: The non-mortgage pieces of buying a home

Here’s a list of ny specific info that I found out as a first time homebuyer last year that is unique. 1) inspection comes before contract. Other states are the opposite. The reversal adds a ton of stress to buyers to have an inspection, have attorneys draft a contract, and get is signed. In the de...
by HockeyFan99
Wed Jun 10, 2020 7:49 am
Forum: Personal Consumer Issues
Topic: The non-mortgage pieces of buying a home
Replies: 18
Views: 2156

The non-mortgage pieces of buying a home

Hi all - We are looking at buying our first home (in the NYC metro area) and I've been reading up on how to secure the best mortgage (we are already pre-approved, but will be shopping as we get closer) and how much house we can afford. But I have heard / read that having a good real estate attorney ...
by HockeyFan99
Sat Jan 25, 2020 3:52 pm
Forum: Personal Consumer Issues
Topic: Pull-ups and Push-ups
Replies: 572
Views: 148822

Re: Pull-ups and Push-ups

obgraham wrote: Sat Nov 02, 2013 12:58 am Heavens! I thought this thread was about Lingerie!
And I thought diapers. All about stage of life I guess?
by HockeyFan99
Thu Jan 02, 2020 7:30 am
Forum: Investing - Theory, News & General
Topic: OFFICIAL REGISTRATION FOR THE 2020 BOGLEHEAD CONTEST
Replies: 687
Views: 21931

Re: OFFICIAL REGISTRATION FOR THE 2020 BOGLEHEAD CONTEST

2323.20 (but I hope I’m very, very wrong)
by HockeyFan99
Tue Dec 31, 2019 10:35 pm
Forum: Personal Consumer Issues
Topic: New Zealand Train trip
Replies: 77
Views: 3722

Re: New Zealand Train trip

Waaaaay too much. Cut a destination from New Zealand or just ditch Melbourne. With this itinerary you're spending half your time in transit and missing out on everything that makes NZ such a special destination. +1 You’re not getting out of any city in a meaningful way with this itinerary. It could...
by HockeyFan99
Tue Dec 31, 2019 3:26 pm
Forum: Personal Consumer Issues
Topic: New Zealand Train trip
Replies: 77
Views: 3722

Re: New Zealand Train trip

Agree with forgoing trains (other than TranzAlpine) in favor of driving or flying + tours. We spent three months there this year and drove all over - you can get very close to some of the best sights by car. You cannot get there by train. Depending on your budget, you can do some of these by air as ...
by HockeyFan99
Sun Dec 29, 2019 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: 16 Weeks Paternity Leave
Replies: 124
Views: 8958

Re: 16 Weeks Paternity Leave

Did not read all of the many comments, but to the OP: - Only you can judge your culture and what the likely implications are, if any, of taking the full leave. If you are close with the men who have taken longer leave it might be worth a conversation with them. - That said, if you do want to priorit...
by HockeyFan99
Sun Dec 29, 2019 6:40 am
Forum: Personal Investments
Topic: Shorter Term Savings - Where to Place?
Replies: 8
Views: 865

Re: Shorter Term Savings - Where to Place?

Use a mix of Capital One 360, Ally, and Marcus, MMAs, savings and no penalty CDs, depending on the need. For longer time horizons (>2 years) I’d look at term CDs (there’s a whole separate thread tracking the best rates) or possibly bond funds (depending on what the money was for and my risk toleranc...
by HockeyFan99
Sat Dec 28, 2019 4:12 pm
Forum: Personal Consumer Issues
Topic: Year around the world with kids
Replies: 12
Views: 1495

Re: Year around the world with kids

Congratulations! Good you’re getting feedback; you’ll be the best to judge what makes sense for you. Without knowing age of your kids it’s hard(er) to comment, but a few reactions based on our own experience of traveling for six months with two kids (6 weeks and 2.5yo when we left): - As some have m...
by HockeyFan99
Fri Dec 27, 2019 4:28 pm
Forum: Personal Investments
Topic: Contribute to 529 or ROTH via After tax 401k
Replies: 8
Views: 369

Re: Contribute to 529 or ROTH via After tax 401k

If you go the additional retirement savings route (which I could certainly see here) I’d consider still opening a 529 and starting with a nominal monthly savings amount. It’ll give you a place to park future gifts to your child, and an easy way to start saving more if your financial picture changes....
by HockeyFan99
Fri Dec 27, 2019 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: What to do after maxing 401k?
Replies: 9
Views: 862

Re: What to do after maxing 401k?

If you're both eligible for an employer-based 401K, you're both ineligible to make deductible TIRA contributions are your current income levels, single or married. You can make non-deductible TIRA contributions, but those are much less useful. For direct Roth IRA contributions, your partner is elig...
by HockeyFan99
Thu Dec 26, 2019 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Gifts to your employees- how much?
Replies: 113
Views: 7467

Re: Gifts to your employees- how much?

Have informally managed teams for a long time but this year was first in a formal management structure. Found this thread very helpful in seeing the wide range of opinions and practices. I ultimately went with a donation card to Kiva.com for each person on my team, the majority of whom are effective...
by HockeyFan99
Sun Dec 15, 2019 10:12 pm
Forum: Personal Investments
Topic: WWYD? - advice needed. 41 yr old in VHCOL, FIRE? thinking of leaving high stress job.
Replies: 54
Views: 4374

Re: WWYD? - advice needed. 41 yr old in VHCOL, FIRE? thinking of leaving high stress job.

I echo the suggestion of looking at government or in house options. As somebody who has done (and is still doing) a lot of in house hiring, even if your specific expertise isn't completely what I need, if it's at least in the same ballpark and you're a talented lawyer I'm probably interested. If you...
by HockeyFan99
Mon Sep 16, 2019 9:29 pm
Forum: Personal Consumer Issues
Topic: Asheville travel advice
Replies: 17
Views: 1528

Re: Asheville travel advice

Tremendous food and beer. Wicked Weed and Admiral two of my favorites, but many, many others. Wish I could go back 20 years to when I first started going and buy property!
by HockeyFan99
Thu Sep 12, 2019 6:15 am
Forum: Personal Finance (Not Investing)
Topic: Bay Area budget for $350k family income
Replies: 94
Views: 8436

Re: Bay Area budget for $350k family income

Post this same article link on MMM and will get shred to pieces there hehe. Seems like a lot of bloated expenses such as over 2k on food, 400 for clothes, and whoa 4.5k for childcare expenses for 2 kids? Can imagine in this case a full time nanny can be had for maybe half that amount to care for bo...
by HockeyFan99
Sat Sep 07, 2019 10:15 pm
Forum: Personal Investments
Topic: Locating a good, unbiased “financial advisor”
Replies: 15
Views: 1732

Re: Locating a good, unbiased “financial advisor”

First, thank you all for the recommendations. I have some good leads to go research further. To the suggestions about just not going to any future meetings, while I will suggest that to my parents I think that it may be a tough sell. They have been with this same WF advisor for 17 years, and are qui...
by HockeyFan99
Sat Sep 07, 2019 3:00 pm
Forum: Personal Investments
Topic: Locating a good, unbiased “financial advisor”
Replies: 15
Views: 1732

Locating a good, unbiased “financial advisor”

I have been helping my parents take another look at their retirement plan, including their investments. After many years of insisting that they were happy with Wells Fargo, even with AUM fees and expensive and underperforming mutual funds, they are finally ready to move on. But they are also intimid...
by HockeyFan99
Sat Sep 07, 2019 9:22 am
Forum: Personal Consumer Issues
Topic: Good Modern Science Fiction
Replies: 462
Views: 82694

Re: Good Modern Science Fiction

Going to give Today I Am Carey a read soon - reviews look very strong, thank you for the recommendation. One of the "complaints" is that the book was too short. I was thoroughly engrossed and couldn't put it down. "Heartwarming" would be a good description. Agree entirely, and “heartwarming” was a ...
by HockeyFan99
Wed Aug 28, 2019 8:34 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card annual fee coming up - what to do?
Replies: 25
Views: 3009

Re: Credit card annual fee coming up - what to do?

I applied for unlimited but don’t know if I’ll be approved since have other Chase cards and cancelled CSR (which wife still has) less than 24 months ago.

Hotels are hard right now with two young kids. We find ourselves doing Airbnb much more frequently.
by HockeyFan99
Wed Aug 28, 2019 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Credit card annual fee coming up - what to do?
Replies: 25
Views: 3009

Re: Credit card annual fee coming up - what to do?

In case helpful to others, since I found his thread before calling, I just spoke to a Capital One CSR who informed me that they would likely do the fee waiver, but there's no way to do it in the system until after the fee is posted, so to call back once it is posted (in the billing cycle it is poste...
by HockeyFan99
Thu Aug 22, 2019 4:35 am
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 205
Views: 19803

Re: White collars- How much is your work downtime?

So, it appear that many people have the same amount of down time as a stay at home parent with school age children. This reads like the words of somebody who has never been a stay at home parent. On extended parental leave and can confirm that taking care of two young kids, and the lack of downtime...
by HockeyFan99
Wed Aug 21, 2019 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: White collars- How much is your work downtime?
Replies: 205
Views: 19803

Re: White collars- How much is your work downtime?

I’m surprised that there haven’t been lawyers posting. But, then again, I’m not really surprised. Rarely have true downtime where there is nothing that needs to be done. Occasionally have downtime where there are no screaming “must be done yesterday” issues, but those are easily counterbalanced by w...
by HockeyFan99
Wed Aug 21, 2019 1:56 pm
Forum: Personal Consumer Issues
Topic: one month apartment rental in NYC
Replies: 12
Views: 1578

Re: one month apartment rental in NYC

You can also try looking on Streeteasy and Craigslist for furnished short-term sublets - a month would be the bare minimum - but Airbnb likely your best bet. It is also likely to be quite expensive to stay in Manhattan, but I’m betting that you already figured that part out.
by HockeyFan99
Sat Aug 17, 2019 8:44 pm
Forum: Personal Investments
Topic: Revisiting EE Bonds given 20 year treasury bond at ~1.9%
Replies: 41
Views: 4160

Re: Revisiting EE Bonds given 20 year treasury bond at ~1.9%

I am increasingly favoring the idea of buying $20K per year of both I bonds (which we have been doing for the last few years, to create an emergency fund that will eventually replace cash held in short term CDs and MMAs) and EE bonds. I continue to struggle with the “why not just buy more equities?”...
by HockeyFan99
Sat Aug 17, 2019 5:36 am
Forum: Investing - Theory, News & General
Topic: I and EE bonds
Replies: 17
Views: 2788

Re: I and EE bonds

In other words, an extra $40,000 a year in income by cashing in EE bonds is going to be pretty sweet if a severe (deflationary) crisis of some kind hits and your stocks are worth less than you paid for them. Potentially even life-changing amounts of money, depending on the severity of the crisis. <...
by HockeyFan99
Fri Aug 16, 2019 9:54 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 534
Views: 56694

Re: I don't understand the case for EE bonds

Here's a Forbes column I wrote a number of years ago about using the EE Bonds' doubling-in-twenty-years feature to build an annuity in retirement. https://www.forbes.com/sites/thebogleheadsview/2013/03/01/build-your-own-annuity/#3124cb6e7ba3 Thanks Mel. By my way of thinking, a TIPS ladder would si...
by HockeyFan99
Fri Aug 16, 2019 5:22 am
Forum: Investing - Theory, News & General
Topic: I don't understand the case for EE bonds
Replies: 534
Views: 56694

Re: I don't understand the case for EE bonds

Here's a Forbes column I wrote a number of years ago about using the EE Bonds' doubling-in-twenty-years feature to build an annuity in retirement. https://www.forbes.com/sites/thebogleheadsview/2013/03/01/build-your-own-annuity/#3124cb6e7ba3 Thanks Mel. By my way of thinking, a TIPS ladder would si...
by HockeyFan99
Wed Aug 14, 2019 2:09 pm
Forum: Investing - Theory, News & General
Topic: Negative Interest Rates in U.S.
Replies: 254
Views: 24685

Re: Negative interest rates

DB = Deutsche Bank
by HockeyFan99
Wed Aug 14, 2019 1:59 pm
Forum: Personal Investments
Topic: Any good add on CD deals?
Replies: 3
Views: 931

Re: Any good add on CD deals?

Anybody signed up for this one recently, or have CDs through Bank5 connect? https://www.depositaccounts.com/banks/bank5-connect/offers/ Looks like a true add on, which is appealing. Also, does anyone know how the add on deposits are treated? For example, if you make an initial deposit of $500 and th...
by HockeyFan99
Wed Aug 14, 2019 10:25 am
Forum: Investing - Theory, News & General
Topic: What to do if bonds have negative returns?
Replies: 70
Views: 11485

Re: What to do if bonds have negative returns?

What is amazing is that I got about 2/3 of the way through this thread before I looked at the post dates. Actually good to see people have been worrying about this for years already. I am interested in whether anybody sees EE bonds Z more attractive now, or whether the liquidity penalty remains too ...
by HockeyFan99
Tue Aug 13, 2019 2:29 pm
Forum: Personal Consumer Issues
Topic: Good Modern Science Fiction
Replies: 462
Views: 82694

Re: Good Modern Science Fiction

I recently read Quantum Space by Douglas Phillips and thought it was pretty good, and definitely fast. It didn’t make me want to dive immediately into the sequel, but good airplane fodder. Somebody described it to me as Da Vinci Code meets The Martian, which seemed fair. I also really enjoyed Sea of...
by HockeyFan99
Tue Aug 13, 2019 8:28 am
Forum: Personal Investments
Topic: What sort of fund for saving for sabbatical?
Replies: 11
Views: 1169

Re: What sort of fund for saving for sabbatical?

I'm in the middle of a five-month sabbatical from work. I chose cash. Either high-yield savings or a good money market fund like Vanguard's. Maybe a muni fund depending on your tax status. You could also look into no-penalty CD's at Ally and Marcus. I have some funds stashed in one at Ally at 2.3%....
by HockeyFan99
Mon Aug 12, 2019 1:37 pm
Forum: Personal Consumer Issues
Topic: Websites to Sell Strollers
Replies: 4
Views: 472

Re: Websites to Sell Strollers

If your area has an active parents group or listserv that’s your best bet, especially if it has a classifieds section. Have had great luck buying / selling all manner of baby gear, but especially strollers, that way.
by HockeyFan99
Sun Aug 11, 2019 11:05 am
Forum: Investing - Theory, News & General
Topic: Is it time to sell I-Bonds?
Replies: 18
Views: 2210

Re: Is it time to sell I-Bonds?

The tax deferral piece if I-Bonds is particularly valuable for us. Not something I appreciated when I started buying, but makes them significantly higher TEY over CDs and savings accounts. If I could buy more - or go back to the early 2000s and buy those! - I would.
by HockeyFan99
Sun Aug 11, 2019 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Maximizing Big Law Exit Opps
Replies: 12
Views: 2650

Re: Maximizing Big Law Exit Opps

An easy way to figure out what in-house legal departments are hiring for...is to look up what in-house legal departments are hiring for. For example, go to the Jobs page at Cisco (not where I work) and filter for “Legal”: https://jobs.cisco.com/jobs/SearchJobs/?3_12_3=%5B%22192%22%5D You get 19 res...
by HockeyFan99
Sun Aug 11, 2019 9:57 am
Forum: Personal Finance (Not Investing)
Topic: Maximizing Big Law Exit Opps
Replies: 12
Views: 2650

Re: Maximizing Big Law Exit Opps

I would get some additional perspectives from here, friends, etc. For instance, while I’m sure that what HEDGEFUNDIE says here... As the majority of in-house work is on commercial agreements, your hours are mostly tied to the commercial sales cycle for your company’s product / service. ...is true at...
by HockeyFan99
Sun Aug 11, 2019 3:19 am
Forum: Personal Finance (Not Investing)
Topic: Maximizing Big Law Exit Opps
Replies: 12
Views: 2650

Re: Maximizing Big Law Exit Opps

I mostly agree with HEDGEFUNDIE’s ranking of legal needs, but would note that bucket #1 is by far the easiest to find talented lawyers looking for in house roles, whether moving from a firm or another company. Almost everyone has experience with MSAs and related commercial paper and, frankly, that w...
by HockeyFan99
Sat Aug 10, 2019 2:17 am
Forum: Personal Finance (Not Investing)
Topic: No pay increase but increase in responsibility
Replies: 110
Views: 9413

Re: No pay increase but increase in responsibility

Prioritization is not deciding what to do first . It's deciding what to do never . Lots of good advice here, but this is the best. There is an infinite amount of work that could be done in every professional role I’ve ever seen. Once you accept that, and start choosing what to ignore (or delegate /...
by HockeyFan99
Fri Aug 09, 2019 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Liability coverage for non-car-owners: Umbrella without auto policy
Replies: 7
Views: 769

Re: Liability coverage for non-car-owners: Umbrella without auto policy

One other thing to consider: is your umbrella sized to adequately cover from $1 on up? Ours contemplated sitting on top of $1m in underlying liability coverage. If it was standalone I would want to increase the limit by a corresponding amount.
by HockeyFan99
Fri Aug 09, 2019 2:34 pm
Forum: Personal Investments
Topic: I still don't understand the value of a Backdoor Roth for high income earners
Replies: 63
Views: 6603

Re: I still don't understand the value of a Backdoor Roth for high income earners

Interesting thread. Shout out to miamivice for civilly and repeatedly explaining why a backdoor Roth might not be superior to taxable for him/her . Personally, we use the backdoor Roth (and mega backdoor as well at the one employer kind enough to offer it), but I appreciate seeing the argument for w...
by HockeyFan99
Fri Aug 09, 2019 2:20 pm
Forum: Personal Finance (Not Investing)
Topic: Liability coverage for non-car-owners: Umbrella without auto policy
Replies: 7
Views: 769

Re: Liability coverage for non-car-owners: Umbrella without auto policy

It’s fine if you never drive. But if you do drive, even a rental, you need coverage. It is cheaper to get your own than pay for it through the rental agency. +1 When we first looked into this I was initially annoyed that our carrier requires non-owned auto coverage to maintain our umbrella policy. ...
by HockeyFan99
Fri Aug 09, 2019 6:29 am
Forum: Personal Finance (Not Investing)
Topic: high yield savings vs. no penalty CDs
Replies: 28
Views: 3180

Re: high yield savings vs. no penalty CDs

Thanks for the update.
MikeG62 wrote: Fri Aug 09, 2019 5:54 am while Marcus had a bigger change - not only dropping their rate by 10bps from 2.35% to 2.25% - but more importantly reducing the term of their NP CD from 13-months to 7-months.
It always seemed a bit odd that the NP had a longer term.
by HockeyFan99
Thu Aug 08, 2019 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: high yield savings vs. no penalty CDs
Replies: 28
Views: 3180

Re: high yield savings vs. no penalty CDs

That makes sense, and I think the NP CDs are actually even better than just the minimal difference in interest. While it's true that you can break them if you need the money, I think the more important value is in the optionality that they provide in the event that interest rates do something really...