Search found 254 matches

by cbr shadow
Thu Jun 13, 2019 6:19 pm
Forum: Personal Investments
Topic: Does tuning out mean missing out?
Replies: 23
Views: 3417

Re: Does tuning out mean missing out?

I've generally settled on paying for simplicity. This means cheap target funds in the 401ks (.11 and .14 ER), and vtwax in Roth, 529, and taxable accounts. Maybe Facebook will become a trillion dollar advertising company and I'll lose out on some US gains, but i prefer to just keep things simple an...
by cbr shadow
Thu Jun 13, 2019 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: Benefits of becoming an independent contractor
Replies: 37
Views: 2967

Re: Benefits of becoming an independent contractor

If you gross $180k as an independent contractor, you won't be able to, nor will you want to, have a salary of $180k. Let's say your salary is $100k. Your business account would look something like this: Salary: $100k Employer 401k: $25k (25% of salary up to $56k total employer + employee) Employer ...
by cbr shadow
Thu May 23, 2019 1:20 pm
Forum: Personal Consumer Issues
Topic: Google Tool for coordinating vacation dates between friends?
Replies: 16
Views: 1226

Re: Google Tool for coordinating vacation dates between friends?

I don't understand why having folks send dates that don't work for them isn't acceptable. It kind of seems like you're trying to techno-engineer something that's pretty simple. There are 9 of us and all have different schedules and preferences for where we go, what activities we do, time of the yea...
by cbr shadow
Thu May 23, 2019 1:14 pm
Forum: Personal Consumer Issues
Topic: Is Tesla Going To Survive?
Replies: 99
Views: 6722

Re: Is Tesla Going To Survive?

TSLA is now at $192 (down 47%)? Is the company going to survive the next few years? 1. how would I or anyone know? Does anyone have a crystal ball? 2. If I said one way or the other, why would you believe what was written by an anonymous poster on the internet? 3. If I said with confidence what wou...
by cbr shadow
Thu May 23, 2019 1:04 pm
Forum: Personal Investments
Topic: Does tuning out mean missing out?
Replies: 23
Views: 3417

Re: Does tuning out mean missing out?

I worry that if I "tune out the noise" about the market we may miss something. Do you also worry that if you "tune out" all of the latest health & nutrition news you'll miss something? Surely that would be even more devastating to your family's happiness than whatever tiny improvements tweaks to in...
by cbr shadow
Thu May 23, 2019 1:04 pm
Forum: Personal Investments
Topic: Does tuning out mean missing out?
Replies: 23
Views: 3417

Re: Does tuning out mean missing out?

MotoTrojan wrote:
Wed May 22, 2019 5:14 pm
Why no Roth?
We contributed to a Roth IRA in the past for several years until we hit the income limit to do a standard RothIRA contribution. We both now have rollover IRAs (from previous employers) that complicates doing a backdoor Roth IRA contribution.
by cbr shadow
Thu May 23, 2019 1:02 pm
Forum: Personal Investments
Topic: Does tuning out mean missing out?
Replies: 23
Views: 3417

Re: Does tuning out mean missing out?

The Wizard wrote:
Tue May 21, 2019 8:44 pm
cbr shadow wrote:
Tue May 21, 2019 5:12 pm

What I'm wondering is if I should switch VTSAX our for VTWAX to get international exposure in a single fund.
No.
Keep domestic and international separate.
This will make tax loss harvesting easier...
Fair point. I don't TLH as of yet, but it's probably something I should learn about.
by cbr shadow
Thu May 23, 2019 1:00 pm
Forum: Personal Consumer Issues
Topic: Google Tool for coordinating vacation dates between friends?
Replies: 16
Views: 1226

Google Tool for coordinating vacation dates between friends?

This is something that I run into every once in a while and I'm sure there are better "shared document" tools than what I'm using. A few friends of mine and I want to plan a vacation. We need to decide on a time of year, location/activities, and an exact date. I could create a Google Sheet (basicall...
by cbr shadow
Tue May 21, 2019 5:48 pm
Forum: Personal Investments
Topic: Does tuning out mean missing out?
Replies: 23
Views: 3417

Re: Does tuning out mean missing out?

I'm 35 yrs old and feel like I generally have my investments in order. My wife and I have high income, a good emergency fund, max both of our 401k's and put all of our extra money into a Vanguard taxable brokerage account. Our taxable account is 100% VTSAX. I worry that if I "tune out the noise" ab...
by cbr shadow
Tue May 21, 2019 5:38 pm
Forum: Personal Investments
Topic: Does tuning out mean missing out?
Replies: 23
Views: 3417

Re: Does tuning out mean missing out?

Should I make this change as to not miss out on world growth vs US growth? These are long-term investments. When we talk about 'noise' we mean the latest news and market actions and products. Investing in international equities has been a perennial topic of conversation around here (just do a searc...
by cbr shadow
Tue May 21, 2019 5:12 pm
Forum: Personal Investments
Topic: Does tuning out mean missing out?
Replies: 23
Views: 3417

Re: Does tuning out mean missing out?

I'm 35 yrs old and feel like I generally have my investments in order. My wife and I have high income, a good emergency fund, max both of our 401k's and put all of our extra money into a Vanguard taxable brokerage account. Our taxable account is 100% VTSAX. I worry that if I "tune out the noise" ab...
by cbr shadow
Tue May 21, 2019 4:57 pm
Forum: Personal Investments
Topic: Does tuning out mean missing out?
Replies: 23
Views: 3417

Does tuning out mean missing out?

I'm 35 yrs old and feel like I generally have my investments in order. My wife and I have high income, a good emergency fund, max both of our 401k's and put all of our extra money into a Vanguard taxable brokerage account. Our taxable account is 100% VTSAX. I worry that if I "tune out the noise" abo...
by cbr shadow
Tue May 14, 2019 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a "new" car - Advice pls
Replies: 76
Views: 6149

Re: Buying a "new" car - Advice pls

IMO the most Boglehead car you can buy is a used Toyota Prius. - Low entry cost (10k is easily doable) - Great reliability. Reports of 300,000 mile Prius' are easy to find - Low overall maintenance costs (brakes last longer, engine is near indestructible, battery replacement fears are unfounded) - G...
by cbr shadow
Mon May 13, 2019 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: Benefits of becoming an independent contractor
Replies: 37
Views: 2967

Re: Benefits of becoming an independent contractor

OP, you can't just pick your status. You mentioned this would be a "job" for your current employer. That likely makes you an employee. Are you sure this is legal? My current employer is a company that staffs me under a contract at a larger company. I won't sidetrack this thread with this part of th...
by cbr shadow
Mon May 13, 2019 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: Benefits of becoming an independent contractor
Replies: 37
Views: 2967

Re: Benefits of becoming an independent contractor

Situation B: Start Single Member LLC Do you need LLC? I second this question. If you are just providing professional services; an LLC is often unnecessary, provides little benefit and is possibly counter-productive. Good points, I don't think I need LLC. MY CPA gave me several options and that soun...
by cbr shadow
Mon May 13, 2019 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: Benefits of becoming an independent contractor
Replies: 37
Views: 2967

Re: Benefits of becoming an independent contractor

If you gross $180k as an independent contractor, you won't be able to, nor will you want to, have a salary of $180k. Let's say your salary is $100k. Your business account would look something like this: Salary: $100k Employer 401k: $25k (25% of salary up to $56k total employer + employee) Employer ...
by cbr shadow
Mon May 13, 2019 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Benefits of becoming an independent contractor
Replies: 37
Views: 2967

Re: Benefits of becoming an independent contractor

Option B will be better for retirement savings. Your current employment at $100k/yr with $19,000/yr contributions to 401(k) and 5% match won't compare to the amount you can put away with a Solo 401(k). However, when using one of the online calculators, I found that $180k salary would give you a lit...
by cbr shadow
Mon May 13, 2019 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Benefits of becoming an independent contractor
Replies: 37
Views: 2967

Benefits of becoming an independent contractor

I'm considering becoming an independent contractor in a similar job that I'm currently employed. For purposes of this thread, assume non-compete isn't an issue. It isn't an issue and I'd like to stay on topic. My goal is to compare: A) Staying with my current company vs B) Starting a single-member L...
by cbr shadow
Mon May 13, 2019 12:34 pm
Forum: Personal Consumer Issues
Topic: DIY air purifier for $25
Replies: 16
Views: 2033

Re: DIY air purifier for $25

Funny timing for this to pop up since I made one of these this past weekend using a $15 box fan from Home Depot and a $22 hepa filter (20"x20"x1"). It seems to work very well as I can feel air coming through the filter. The downside is that some air does "push back" because of the filter resistance....
by cbr shadow
Fri Apr 19, 2019 3:19 pm
Forum: Personal Consumer Issues
Topic: Windows 7 end of support - Jan 14, 2020
Replies: 69
Views: 3725

Re: Windows 7 end of support - Jan 14, 2020

Every new version of every software I've ever used has a group of users that won't adapt because they're used to the older versions. This is true even when there are gigantic improvements to the software, simple training is provided, etc. I'm not saying that all updates are positive, but not everyon...
by cbr shadow
Thu Apr 18, 2019 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Advice after bicycle accident
Replies: 48
Views: 2778

Re: Insurance Advice after bicycle accident

My wife was with a cycling group this past Sunday and collided with a car. This accident involved another cyclist who arguably caused the whole accident The investigating officer said he did not ticket the driver because it didn't appear he broke any laws. Based on what I saw and what other witness...
by cbr shadow
Wed Apr 17, 2019 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Advice after bicycle accident
Replies: 48
Views: 2778

Re: Insurance Advice after bicycle accident

Nate79 wrote:
Wed Apr 17, 2019 4:51 pm
Was the car damaged? If so the driver may be thinking who to file against as well.
The car was damaged by both bicycles that it made contact with, although the damage was minor (scratches). The officer also did not give my wife or the other cyclist a ticket.
by cbr shadow
Wed Apr 17, 2019 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Advice after bicycle accident
Replies: 48
Views: 2778

Re: Insurance Advice after bicycle accident

It is somewhat rare for a police officer to write a ticket for an incident they did not witness, and it is somewhat common for auto (liability) insurance to pay out when no ticket was issued. In my area a road accident between two road users (both of whom have auto insurance) is resolved more or le...
by cbr shadow
Wed Apr 17, 2019 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Advice after bicycle accident
Replies: 48
Views: 2778

Re: Insurance Advice after bicycle accident

I'd like some advice about what the best next steps are in my situation. I'm confused about the claim process or if I even have grounds to make one. My wife was with a cycling group this past Sunday and collided with a car. Wife is ok, but hurt her hand, mild concussion, and smashed her knee pretty...
by cbr shadow
Wed Apr 17, 2019 12:47 pm
Forum: Personal Finance (Not Investing)
Topic: Insurance Advice after bicycle accident
Replies: 48
Views: 2778

Re: Insurance Advice after bicycle accident

Have you or your wife contacted your insurance agency? They should be able to answer your questions and we could then know better where you stand and offer our comments. What type of insurance? Medical? Our medical insurance is aware of the accident now that we've been to the hospital. Our driver's...
by cbr shadow
Wed Apr 17, 2019 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Insurance Advice after bicycle accident
Replies: 48
Views: 2778

Insurance Advice after bicycle accident

I'd like some advice about what the best next steps are in my situation. I'm confused about the claim process or if I even have grounds to make one. My wife was with a cycling group this past Sunday and collided with a car. Wife is ok, but hurt her hand, mild concussion, and smashed her knee pretty ...
by cbr shadow
Fri Mar 29, 2019 11:50 am
Forum: Investing - Theory, News & General
Topic: Newbie Question: Taxes on Brokerage Account?
Replies: 10
Views: 923

Re: Newbie Question: Taxes on Brokerage Account?

Thank you everyone for the responses. This was helpful and cleared up my confusion! Much appreciated!
by cbr shadow
Thu Mar 28, 2019 3:04 pm
Forum: Investing - Theory, News & General
Topic: Newbie Question: Taxes on Brokerage Account?
Replies: 10
Views: 923

Newbie Question: Taxes on Brokerage Account?

My wife and I have 401k's, Roth IRA's, standard IRAs (converted from previous employer 401ks) and a taxable brokerage account. Everything except the 401k's are with Vanguard. I understand that in my IRA and 401k I pay taxes as I draw money out of it (when I'm 59.5) I understand that in my Roth IRA m...
by cbr shadow
Fri Mar 22, 2019 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Do you treat inheritance as a singular or shared asset?
Replies: 113
Views: 5509

Re: Do you treat inheritance as a singular or shared asset?

Everything is shared for us. Honest question: When it's separate, what's the purpose of the money? It sounds like it comes down to a lack of trust, but correct me if I'm wrong. I try to imagine having a separate account from my wife and can't imagine what I would do with that money, or what plans I'...
by cbr shadow
Wed Mar 20, 2019 11:36 am
Forum: Personal Investments
Topic: How to get over a $25K stock market loss?
Replies: 125
Views: 10406

Re: How to get over a $25K stock market loss?

I think the best way to look at this is that you paid $25k (actually much less due to taxes) for a hard lesson. Learn from that lesson by not trying to time the market in the short term, and move on. A loss like that is painful but that makes the lesson even more memorable and you're now less likely...
by cbr shadow
Tue Mar 19, 2019 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Should we have renters insurance?
Replies: 68
Views: 3512

Re: Should we have renters insurance?

My wife and I live in a rental house in the San Francisco Bay Area. Combined we gross ~$280k / year, net worth of ~$750k, roughly 50% savings rate, both are 35 Y.O., have (2) medium sized dogs. I'm wondering if we should get renters insurance or not. Up to this point I've thought we're "self insure...
by cbr shadow
Tue Mar 19, 2019 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Should we have renters insurance?
Replies: 68
Views: 3512

Should we have renters insurance?

My wife and I live in a rental house in the San Francisco Bay Area. Combined we gross ~$280k / year, net worth of ~$750k, roughly 50% savings rate, both are 35 Y.O., have (2) medium sized dogs. I'm wondering if we should get renters insurance or not. Up to this point I've thought we're "self insured...
by cbr shadow
Wed Mar 13, 2019 3:38 pm
Forum: Personal Consumer Issues
Topic: Renting in Boston - how difficult with a pit bull?
Replies: 48
Views: 3367

Re: Renting in Boston - how difficult with a pit bull?

I've lived in (3) HCOL cities where people said I wouldn't be able to final a rental with my (2) Rottweilers, in all cases they were incorrect. It did make things more difficult, but it was never an actual problem finding a rental. It helped that we: - Have excellent credit and income - References f...
by cbr shadow
Fri Jan 25, 2019 3:57 pm
Forum: Personal Consumer Issues
Topic: What lifestyle creep made you happier?
Replies: 345
Views: 35103

Re: What lifestyle creep made you happier?

Cycling / Fitness related events. I used to skip getting into things like joining a local cycling 'race team' because I thought the $200/yr was too much to pay for the team dues, and I thought $1,000+ per year in races was obscene. Once I started making a higher salary is didn't seem like a huge amo...
by cbr shadow
Thu Jan 10, 2019 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Building Wealth Through Home Equity--Myth or Reality?
Replies: 94
Views: 6349

Re: Building Wealth Through Home Equity--Myth or Reality?

Highly dependent on location. After thirty years of owning houses, I'm guessing if I sold the one I'm in now, I've just about broke even. I lost $5k on the first house, I made about $5k on the second and this one after six years of ownership, I figure I could sell it for what I've put into it. I wo...
by cbr shadow
Thu Jan 03, 2019 6:45 pm
Forum: Personal Investments
Topic: Ever wonder if you are saving Too Much?
Replies: 67
Views: 5512

Re: Ever wonder if you are saving Too Much?

I agree that there needs to be some type of balance. If you feel like you're not getting enough time with your kids, not going on any vacations where you could make some wonderful memories, etc, then you need to make a change. If you've already struck that balance but now you're just making a lot mo...
by cbr shadow
Mon Dec 03, 2018 6:08 pm
Forum: Personal Finance (Not Investing)
Topic: How to setup a company with (1) employee
Replies: 1
Views: 284

How to setup a company with (1) employee

I want to be hired as a contractor/consultant and need to setup a company to do so. What's the best way to do this?
What "kind" of company is this classified as, and what are the benefits?

Thanks!
by cbr shadow
Mon Dec 03, 2018 2:19 pm
Forum: Personal Investments
Topic: Decision Advice: Contract Employee Stemming out..
Replies: 3
Views: 470

Decision Advice: Contract Employee Stemming out..

I work for a very small company who contracts me out to a large tech company in a techie position. Company A = Small company that gives me a paycheck+benefits, but I don’t go to their office Company B = Huge company who pays a lot to have me there in a techie role I’ve worked for “Company A” for 2.5...
by cbr shadow
Mon Sep 24, 2018 1:22 pm
Forum: Personal Consumer Issues
Topic: Ripped off by a locksmith
Replies: 75
Views: 5895

Re: Ripped off by a locksmith

Wow, people really suggesting to go through a 7-step process to save $22.50?!? My time is much more valuable than that. I would personally just let it go. Maybe leave a (negative) review somewhere if it makes you feel better or contact the company itself and tell them what happened. This reminds me...
by cbr shadow
Fri Aug 31, 2018 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 22672

Re: Decent compensation to move to Bay Area CA?

2) San Francisco: I'm not sure what people are talking about when they say there's no culture in the Bay Area. I agree that lots of SV is dominated by tech companies which removes a lot of the culture in their towns, but go north to San Francisco and you'll find plenty of culture. Depending on wher...
by cbr shadow
Thu Aug 30, 2018 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 22672

Re: Decent compensation to move to Bay Area CA?

I moved to the BA almost 3 years ago and can't see myself moving out of this area anytime soon. My wife and I just love it. We both grew up in Chicago's northwest suburbs (Medium COL) and lived for 2 years in Melbourne Australia which we also loved and had a very high cost of living. Things to love...
by cbr shadow
Thu Aug 30, 2018 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Decent compensation to move to Bay Area CA?
Replies: 290
Views: 22672

Re: Decent compensation to move to Bay Area CA?

I moved to the BA almost 3 years ago and can't see myself moving out of this area anytime soon. My wife and I just love it. We both grew up in Chicago's northwest suburbs (Medium COL) and lived for 2 years in Melbourne Australia which we also loved and had a very high cost of living. Things to love ...
by cbr shadow
Tue May 29, 2018 5:10 pm
Forum: Personal Consumer Issues
Topic: Peloton spin bike worth the high cost?
Replies: 90
Views: 13016

Re: Peloton spin bike worth the high cost?

For high-end items like this I always buy secondhand from craigslist. The nice thing is that if you buy it and end up not liking it you can resell it on craigslist for the same as you bought it for. In that case the only thing you "lost" was some time.
by cbr shadow
Fri Mar 23, 2018 6:42 pm
Forum: Personal Consumer Issues
Topic: Anyone Deleting Facebook?
Replies: 338
Views: 30186

Re: Anyone Deleting Facebook?

I read the first page and scanned the rest of this thread so apologies if this was mentioned already. Based on the demographic that I think probably comes to this forum I correctly predicted that most would have the response: "Nope I never used Facebook in the first place" and "I deleted it a long t...
by cbr shadow
Tue Mar 13, 2018 3:12 pm
Forum: Personal Consumer Issues
Topic: Do/Why don't a lot of people by mobile homes in the Bay Area?
Replies: 30
Views: 3638

Re: Do/Why don't a lot of people by mobile homes in the Bay Area?

I looked into this recently. My wife and I are high earners in the Bay Area at thought we would only be here for a short while at first. We now love it here and won't move away, so this ended up being a non-issue. But anyway, I was looking into what would be the cheapest place to live and found some...
by cbr shadow
Thu Mar 01, 2018 7:03 pm
Forum: Personal Consumer Issues
Topic: used Prius (or Chevy Volt?)
Replies: 58
Views: 6526

Re: used Prius (or Chevy Volt?)

I'm on a similar boat. I still drive my 91 Civic (32 MPG), reliable, dirt-cheap insurance and parts. I could use an upgrade for more safety features, and more comfort. I crunched the numbers on a Prius once and with the added insurance costs and costs of the car it would take me 6/7 years to start ...
by cbr shadow
Mon Jan 29, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Business License for cycling tours
Replies: 9
Views: 789

Re: Business License for cycling tours

AirBnB now allows people to hose "experiences" which is where you give visitors an 'experience' that is possibly unique to your town/city/area. I really like this idea and decided to apply for hosting a cycling ride of the areas around my city. I find there are lots of people who come here for busi...
by cbr shadow
Mon Jan 29, 2018 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: Business License for cycling tours
Replies: 9
Views: 789

Business License for cycling tours

AirBnB now allows people to hose "experiences" which is where you give visitors an 'experience' that is possibly unique to your town/city/area. I really like this idea and decided to apply for hosting a cycling ride of the areas around my city. I find there are lots of people who come here for busin...
by cbr shadow
Tue Jan 23, 2018 4:51 pm
Forum: Personal Investments
Topic: Can we pull the plug (retire)?
Replies: 10
Views: 3144

Re: Can we pull the plug (retire)?

Yes. She works at an Asian dry cleaners that pays below minimum wage. She is finally considering quitting because the owner beat another employee for something that she didn't consider a mistake If anyone gets beaten at the job, I would consider that a "deal breaker". But that's me. Nope it's not j...
by cbr shadow
Mon Jan 22, 2018 1:28 pm
Forum: Personal Consumer Issues
Topic: Laughter is the Best Medicine - What makes you Laugh?
Replies: 105
Views: 7560

Re: Laughter is the Best Medicine - What makes you Laugh?

Laughter is such an interesting thing to me. Why is it that a certain situation or a series of sentences can generate such a reaction from within us? Why do these situations make us vibrate all over, smile, make loud noises, etc? What's especially interesting to me is that we all have a somewhat uni...