Search found 208 matches

by cbr shadow
Mon Jan 29, 2018 6:05 pm
Forum: Personal Finance (Not Investing)
Topic: Business License for cycling tours
Replies: 9
Views: 597

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: 597

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: Investing - Help with Personal Investments
Topic: Can we pull the plug (retire)?
Replies: 10
Views: 2799

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: 5629

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...
by cbr shadow
Fri Jan 19, 2018 1:03 pm
Forum: Personal Consumer Issues
Topic: I got a Roomba and think you should too
Replies: 41
Views: 3725

Re: I got a Roomba and think you should too

1000 sq. foot how long would that take you to vacume? Maybe 3 to 5 minutes. To me, a complete waste of money! The other day I was at Bed bath & beyond they had a $499.00 blow dryer!! LOL Can you believe somebody would pay that for a blow dryer? +1 I had a Roomba and found it got stuck and didn't wo...
by cbr shadow
Thu Jan 18, 2018 6:21 pm
Forum: Personal Consumer Issues
Topic: I got a Roomba and think you should too
Replies: 41
Views: 3725

Re: I got a Roomba and think you should too

I had a Roomba years ago, I don't remember what model. It took more time and attention to maintain the Roomba than it did to do the cleaning with a regular vacuum. There was a nifty yahoo group for Roomba hacks, but one day it just vanished. Evidently the manufacturer complained to yahoo. It will b...
by cbr shadow
Thu Jan 18, 2018 2:32 pm
Forum: Personal Consumer Issues
Topic: I got a Roomba and think you should too
Replies: 41
Views: 3725

I got a Roomba and think you should too

I see Roomba questions pop up every once in a while on this forum so I thought I’d post my recent experiences. I live in the SF Bay Area and live in a 1,000 sqft house with my wife and (2) large dogs. Dog hair is a constant issue in our house, and requires constant clean up. The hair sits noticeably...
by cbr shadow
Thu Dec 28, 2017 4:33 pm
Forum: Personal Consumer Issues
Topic: Spain Trip: Barcelona & Girona + Cycling
Replies: 11
Views: 678

Spain Trip: Barcelona & Girona + Cycling

I'm in the early stages of planning a trip to Spain with my wife. We're 34 yrs old and very active. My wife likes history and culture, and I like cycling. I've read that Girona has some of the best cycling in the world, so it's on my short list. We're thinking: - Fly from San Francisco to Barcelona ...
by cbr shadow
Wed Dec 20, 2017 5:12 pm
Forum: Personal Finance (Not Investing)
Topic: Christmas Bonus: Etiquette
Replies: 32
Views: 4726

Re: Christmas Bonus: Etiquette

All good points.

The bonus is a surprise and I know for sure that not everyone got one
There is no stated bonus policy. It's discretionary and was decided by the owner and my direct supervisor
I did say thanks to the owner when he said I have a bonus coming
by cbr shadow
Wed Dec 20, 2017 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: Christmas Bonus: Etiquette
Replies: 32
Views: 4726

Christmas Bonus: Etiquette

I work for a very small company that staffs me at a major tech company. I work at the major tech company 40 hours/week and don't people at the small company very often at all. Recently I stopped in to check in with everyone and said hello to the owner. During our conversation he said he appreciates ...
by cbr shadow
Tue Dec 19, 2017 4:40 pm
Forum: Investing - Help with Personal Investments
Topic: "Undo" a RothIRA Contribution w/ Vanguard - Frustrated!
Replies: 3
Views: 356

"Undo" a RothIRA Contribution w/ Vanguard - Frustrated!

I contributed to a Roth IRA for 2017 in Feb, but have since made too much income to the point that I'm over their defined limit. I posted here about my options last week and it was decided that my best bet is to "undo" the contribution (Removing the $5500 contribution, plus gains, pay taxes on gains...
by cbr shadow
Tue Dec 19, 2017 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Memories over money
Replies: 40
Views: 2849

Re: Memories over money

Yeah I think most, especially on this site will agree there there's a balance between spending enough money to get those memories, but being efficient about it and not just throwing money out the window. My wife and I don't have kids so I admit our experiences are different, but one thing I've notic...
by cbr shadow
Sun Dec 17, 2017 11:25 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA worth it?
Replies: 22
Views: 2396

Re: Backdoor Roth IRA worth it?

Your IRA does not affect your spouse's ability to use the back door. If your spouse has no IRA, that contribution could be recharacterized to a non-deductible contribution to tIRA and then converted to Roth. Or it may be easier to just forget the whole thing and put it in taxable. Understood, but m...
by cbr shadow
Fri Dec 15, 2017 7:05 pm
Forum: Personal Finance (Not Investing)
Topic: Gap Year, Sabbatical, Leave of Absence - Questioning My Sanity
Replies: 32
Views: 3930

Re: Gap Year, Sabbatical, Leave of Absence - Questioning My Sanity

I personally think a person should work their butt off for about 20 years before they get a sabbatical but maybe I am old school. At 30 you haven't even really worked that hard or made very much money yet (usually). I'd work another 10-15 years and work HARD! Earn your time off. Is Time Worked the ...
by cbr shadow
Fri Dec 15, 2017 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA worth it?
Replies: 22
Views: 2396

Re: Backdoor Roth IRA worth it?

Wow so many great points brought up.. Much appreciated. I'm unsure how long I'll be at my current employer. Right now I'm in a contract that gets renewed every year, but there's no guarantee work wont dry up at some point. We're likely to stay in the high tax bracket until we retire, which ideally i...
by cbr shadow
Thu Dec 14, 2017 5:08 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA worth it?
Replies: 22
Views: 2396

Re: Backdoor Roth IRA worth it?

Most of the above makes sense to me. It sounds like my best bet in the future is to just keep my rollover IRA where it is, and put all extra money into a taxable account. Easy Peasy. So here's where i'm confused. I accidentally contributed to my Roth IRA for 2017 in April the "Normal Way" (Aka, not ...
by cbr shadow
Wed Dec 13, 2017 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA worth it?
Replies: 22
Views: 2396

Re: Backdoor Roth IRA worth it?

Often some 401k have one fund whose ERs aren’t horrible. Does yours? Perhaps a Stable Value Fund? We would need to know more about your tax situation to figure out how much converting your tIRA to a rIRA would cost. I have a sizable Rollover tIRA and no 401k, so I gave up on backdoor. Good question...
by cbr shadow
Wed Dec 13, 2017 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA worth it?
Replies: 22
Views: 2396

Re: Backdoor Roth IRA worth it?

Thesaints wrote:
Wed Dec 13, 2017 6:20 pm
How much would it cost you to backdoor while keepng the rollover IRA ?
I'm not sure! How do I figure this out? Clearly I'm new to this :-/
by cbr shadow
Wed Dec 13, 2017 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA worth it?
Replies: 22
Views: 2396

Re: Backdoor Roth IRA worth it?

I agree that it sounds pretty rough.. What are other people doing in my situation? Is there a 3rd option, or should I just forget about doing a Roth IRA?
by cbr shadow
Wed Dec 13, 2017 5:25 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA worth it?
Replies: 22
Views: 2396

Backdoor Roth IRA worth it?

I'm trying to figure out if doing a backdoor Roth IRA contribution is worth it, vs not doing one at all. Normal contribution to a Roth IRA is no longer an option as my household income is over the $194k MAGI limit. I'll try to be as concise as possible: - I have an existing rollover IRA from a previ...
by cbr shadow
Tue Dec 12, 2017 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA - uh oh
Replies: 19
Views: 2719

Re: Backdoor Roth IRA - uh oh

I contributed to my and my wife's Roth IRA for 2017 early in the year (Jan of 2017), $11,000 total. She's gotten a few big bonuses during the year that put us at $257,000 gross income. We also both max our 401k's ($36,000 total) and live in California, filing jointly. How can I calculate if we shou...
by cbr shadow
Tue Dec 12, 2017 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA - uh oh
Replies: 19
Views: 2719

Re: Backdoor Roth IRA - uh oh

edge wrote:
Sat Dec 02, 2017 3:40 pm
I’m not following. What made you think you would be eligible for normal ROTH contributions?
I thought we would be eligible for a normal Roth IRA contribution because our MAGI would be just under the limit normally. My wife is in sales and made commission that put us over that amount.
by cbr shadow
Fri Dec 01, 2017 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA - uh oh
Replies: 19
Views: 2719

Re: Backdoor Roth IRA - uh oh

Sorry my first post wasn't clear. I'm wondering if I should have done a backdoor roth IRA contribution or if I am ok with the standard Roth IRA contribution we made for 2017. We're MFJ, with gross income of $257k combined. I subtracted our 401k contributions ($36k total) to get our MAGI $221k. Is th...
by cbr shadow
Fri Dec 01, 2017 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA - uh oh
Replies: 19
Views: 2719

Backdoor Roth IRA - uh oh

I contributed to my and my wife's Roth IRA for 2017 early in the year (Jan of 2017), $11,000 total. She's gotten a few big bonuses during the year that put us at $257,000 gross income. We also both max our 401k's ($36,000 total) and live in California, filing jointly. How can I calculate if we shoul...
by cbr shadow
Wed Nov 22, 2017 3:00 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA Contributions: Still make sense for us?
Replies: 13
Views: 1212

Re: Roth IRA Contributions: Still make sense for us?

Much appreciated on the replies. This is what I was leaning towards, but you've assured me that my friend either didn't understand my situation or doesn't fully understand 401k vs RothIRA vs Taxable.
Thanks!
by cbr shadow
Wed Nov 22, 2017 1:50 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA Contributions: Still make sense for us?
Replies: 13
Views: 1212

Roth IRA Contributions: Still make sense for us?

My wife and I are both 34 yrs old and combined we gross about $250k/yr, and live in California. We save a lot, and hope to retire before age 50. Assuming our expenses are about $100k in retirement, does it make sense to contribute to a Roth IRA right now? We've always done it because we were told it...
by cbr shadow
Wed Nov 22, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Are these 401k Expenses High?
Replies: 10
Views: 972

Are these 401k Expenses High?

I work for a small company that has a 401k plan that I max out. They match 20% of whatever I put into it (not 100% upto 20% of salary). I invest into their lowest ER fund, which is a Vanguard S&P Index. There are other fees for the advising company, the custodian, etc. Below is a list of the fees th...
by cbr shadow
Wed Nov 15, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Fair way to split expenses?
Replies: 105
Views: 5439

Re: Fair way to split expenses?

My wife and I struggled with this issue when we first got married and started sharing money. She makes significantly more than I do. She'd shop and I'd resent that. I'd spend money on my hobbies and she'd resent that. We decided on some savings goals and then came up with budgets for "shopping" and ...
by cbr shadow
Thu Oct 26, 2017 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 183
Views: 21103

Re: Let's talk about your FI # and family income

I have found that FI numbers have very little to do with income and everything to do about expenses. Considering or comparing your FI goals to current income is wasteful at best and misleading at the worst. Seems to be the most popular response at bogleheads. OP: Hypothetical question POSTER 2: Tha...
by cbr shadow
Thu Oct 19, 2017 6:38 pm
Forum: Personal Consumer Issues
Topic: Visiting the Great Barrier Reef
Replies: 20
Views: 1511

Re: Visiting the Great Barrier Reef

I'm sorry to hear you didn't like it! I'm an American that lived in Australia for 2 years and the GBR was definitely the highlight of our time there. We liked it so much we decided to go back a second time before moving back to the US. In my opinion the best way to see the GBR is from a live-aboard ...
by cbr shadow
Wed Oct 04, 2017 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Similar to: Can I Afford it?
Replies: 8
Views: 1439

Re: Similar to: Can I Afford it?

There is a podcast called Better Off that roughly meets your criteria. The host is Jill Schlesinger. She has two 10 minute segments per week where she answers callers' questions about investing and personal finance. The callers don't often ask if they can buy a consumer product - it's more often qu...
by cbr shadow
Wed Oct 04, 2017 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Similar to: Can I Afford it?
Replies: 8
Views: 1439

Re: Similar to: Can I Afford it?

PFInterest wrote:
Tue Oct 03, 2017 6:53 pm
no clue.
Then why post? I imagine you're trying to get your post count up? lol!
by cbr shadow
Tue Oct 03, 2017 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Similar to: Can I Afford it?
Replies: 8
Views: 1439

Similar to: Can I Afford it?

I dislike listening to Suze Orman in general, but I'm always intrigued by the "Can I afford it" portion where someone spills all of their financial details (debt, savings, investments etc) and then asks if they can afford to buy an item. Is there something similar out there in the form of a podcast?...
by cbr shadow
Wed Sep 13, 2017 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: How often do you put money in Vanguard
Replies: 55
Views: 4972

Re: How often do you put money in Vanguard

We contribute each month right at the beginning of the month. We like to keep $30k in our checking account so every month we take anything over that and contribute to our taxable accounts. I like doing this because it gives us a good view of how well we saved that month. If we go on a big vacation w...
by cbr shadow
Tue Sep 12, 2017 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: How much does my commute cost me?
Replies: 15
Views: 2072

How much does my commute cost me?

I work for a large tech company that has a shuttle service that I don't use. I'm wondering how much realistically I'm losing by not taking advantage of that free benefit. Relevant Information Currently: I purchased my 2012 Prius for $9,000 with 77k miles on it. I use this daily to/from work. My comm...
by cbr shadow
Thu Aug 31, 2017 3:21 pm
Forum: Personal Consumer Issues
Topic: I ran out of credit card signups bonus...
Replies: 75
Views: 8391

Re: I ran out of credit card signups bonus...

Leesbro63 wrote:
Thu Aug 31, 2017 3:07 pm
For Bogleheads with biggish investable assets, the brokerage bonus game yields a lot more bang for the work required.
Can you give an example? I'd like to look into this.
Also, how do you avoid "selling and rebuying" aka a taxable event when switching?
by cbr shadow
Thu Aug 31, 2017 12:02 pm
Forum: Personal Consumer Issues
Topic: I ran out of credit card signups bonus...
Replies: 75
Views: 8391

Re: I ran out of credit card signups bonus...

I think the common definition of "real business" (or not) would be whether the "business" filed some sort of tax return, even if only via a Schedule C, or even Schedule C-EZ, on someone's personal tax return. Otherwise any buy/sell/service activity is either merely incidental or it's part of the un...
by cbr shadow
Thu Aug 31, 2017 12:00 pm
Forum: Personal Consumer Issues
Topic: I ran out of credit card signups bonus...
Replies: 75
Views: 8391

Re: I ran out of credit card signups bonus...

Lots of people here have questions about applying for a business rewards card if you don't actually own a business. I did this just yesterday so I can probably clear up some confusion. Here's what I did: 1) Applied for Chase Ink Business card. - For TIN# I used my SS# - Chose "Sole Proprietor" - Per...
by cbr shadow
Wed Aug 02, 2017 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: How far off are Zillow's estimates?
Replies: 82
Views: 8788

Re: How far off are Zillow's estimates?

I always kept a close eye on the Zillow estimate and figured it was close. Our house was in a Chicago suburb.
We recently sold and got within 3% of the zillow estimate. I consider that quite close!

Obviously not everywhere is going to be this close.
by cbr shadow
Tue Aug 01, 2017 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"
Replies: 54
Views: 7831

Re: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"

I don't cut things close. I usually have an hour or two at the gate waiting for a flight. What I could not imagine doing is intentionally getting there early for the purpose of going to the lounge, which a poster above has suggested. I get there with an hour or two to spare, then wait at the gate. ...
by cbr shadow
Wed Jul 26, 2017 6:14 pm
Forum: Investing - Theory, News & General
Topic: Time, not material goods, 'raises happiness'
Replies: 38
Views: 4769

Re: Time, not material goods, 'raises happiness'

If anyone out there hasn't come up with a dollar value for your free time, I would encourage them to do so. How would one go about doing that? I wouldn't know where to start. Here is my example with various assumptions: - I value my life at $12m. - I have 40 years left to live: 20 healthy years and...
by cbr shadow
Fri Jul 07, 2017 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Should I still buy index funds now at such a high price before an impending recession?
Replies: 59
Views: 8872

Re: Should I still buy index funds now at such a high price before an impending recession?

JonnyDVM wrote:Personally I think this is a troll. The name Summer2017 is most suspect. Regarldless, my advice for anyone thinking this would be four simple words- Read the Wiki.
Three simple words. ;-)
by cbr shadow
Wed Jul 05, 2017 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Should I still buy index funds now at such a high price before an impending recession?
Replies: 59
Views: 8872

Re: Should I still buy index funds now at such a high price before an impending recession?

To answer your question very clearly; yes it's best to buy low and to sell high. You wont find Bogleheads selling all of their stocks right now though. Generally (as you can see from the above posts) bogleheads believe that nobody knows what's going to happen in the market, and that the market will ...
by cbr shadow
Mon Jul 03, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 4003

Re: Help a 21 y/o Vangaurd Investor with a Taxable Account

Thanks for any help you can provide. I'm a 21 year old that graduated in 2016 that has had a full time job since September. I have had the advantage of living rent free, but will begin paying rent starting in September. I used that time to start investing. I set aside 10% of my salary for my employ...
by cbr shadow
Wed Jun 21, 2017 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Early retirement
Replies: 21
Views: 4132

Re: Early retirement

I agree with the previous advice that you should manage the asset allocation of your investments as a whole but that each individual account does not have to have the same AA. You are planning on accumulating enough assets in 10 years to support a 50 year retirement. Forget everything that you have...
by cbr shadow
Wed Jun 21, 2017 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Early retirement
Replies: 21
Views: 4132

Re: Early retirement

I agree with the previous advice that you should manage the asset allocation of your investments as a whole but that each individual account does not have to have the same AA. You are planning on accumulating enough assets in 10 years to support a 50 year retirement. Forget everything that you have...
by cbr shadow
Wed Jun 21, 2017 11:24 am
Forum: Personal Consumer Issues
Topic: Does geico provide a decent homeowners insurance?
Replies: 11
Views: 1869

Re: Does geico provide a decent homeowners insurance?

Agreed with the above. I'll add that GEICO was great to deal with for getting a quote and making a claim for our homeowners insurance policy. Ours was underwritten by Foremost. Geico's prices were less than the competition so we ended up going with them.
by cbr shadow
Thu Jun 15, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Prices, expecting over listing?
Replies: 8
Views: 1207

Real Estate Prices, expecting over listing?

I'm in sales and I am confused about real estate pricing. In basically every other type of sales if you put an item up for sale and you get TONS of interest right away and people throwing money at you for that item, you've almost certainly priced it too low. If you get offers ABOVE what you're askin...
by cbr shadow
Wed Jun 14, 2017 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Expenses out of line?
Replies: 16
Views: 860

Re: 401k Expenses out of line?

Wow. Those fees seem really high to me. I guess it really is a matter of how much of the fees the employer absorbs. My employers is roughly the same size, employees pay no adviser or administrative fees. Just the underlying fund fees. Lots of very low cost funds, and Brokerage window at Fidelity. E...
by cbr shadow
Wed Jun 14, 2017 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Expenses out of line?
Replies: 16
Views: 860

Re: 401k Expenses out of line?

Sure, it is still worth contributing at least to get the company match. Above the company match, you should contribute to your IRA(s). Once IRA's are maxed out, then it gets complicated whether you should take the tax benefits of 401k vs lower costs of brokerage account. The company matches 20% of ...