Search found 261 matches

by PlayingLife
Fri Jan 19, 2018 7:22 am
Forum: Personal Consumer Issues
Topic: Online Management Forums - Recommendation?
Replies: 1
Views: 84

Online Management Forums - Recommendation?

Hi BH's, Apologies in advance as I had no idea where to post such a question...could you please recommend forums that specialize in management/leadership discussions? I'm interested in all sorts of related topics, including hiring, financial comprehension, team development, acquisition consideration...
by PlayingLife
Fri Jan 12, 2018 7:23 am
Forum: Personal Finance (Not Investing)
Topic: Elder Law Plan for my Parents & Cost: Move forward?
Replies: 9
Views: 1058

Re: Elder Law Plan for my Parents & Cost: Move forward?

Some of this is philosophical differences not objective financial planning. I think your primary goal should be to use your parents assets to make sure they are OK first and foremost. I would be most worried about your mother’s ability to fund her life 1) after your father goes to an institution an...
by PlayingLife
Thu Jan 11, 2018 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Elder Law Plan for my Parents & Cost: Move forward?
Replies: 9
Views: 1058

Re: Elder Law Plan for my Parents & Cost: Move forward?

$8500 is more than double the numbers I have heard of around here. But it seems like you are asking the lawyer to do things that would be unusual as part of the elder care planning process. I am concerned that the lawyer seems to want you to think he is doing amazing complex stuff as opposed to exp...
by PlayingLife
Tue Jan 09, 2018 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Elder Law Plan for my Parents & Cost: Move forward?
Replies: 9
Views: 1058

Elder Law Plan for my Parents & Cost: Move forward?

Hi BH's, **Scroll down in this thread and you will see a detailed overview of my parents' circumstances... https://www.bogleheads.org/forum/viewtopic.php?f=2&t=224118 Looking back on the post above, you'll see there have been questions as to how my parents handle a "spend down" plan, and how they ca...
by PlayingLife
Sun Jan 07, 2018 7:36 am
Forum: Personal Finance (Not Investing)
Topic: How much are you putting in a 529?
Replies: 111
Views: 7380

Re: How much are you putting in a 529?

If one lives in NJ and works in Manhattan, would I still qualify for the NY 529 tax deduction since I still pay NY state taxes? A lot of interesting responses above! While BH's are typically aligned with things such as "max 401k", 529's are different in that personal situations and state credits ar...
by PlayingLife
Sat Jan 06, 2018 8:41 am
Forum: Personal Finance (Not Investing)
Topic: How much are you putting in a 529?
Replies: 111
Views: 7380

Re: How much are you putting in a 529?

Our state offers a tax incentive up to 5k, so we contribute that amount each year. We only plan to pay half as we expect our children to have some responsibility for paying for their college education. If we don't have enough in the 529's our kids go to college we will cash flow the rest. Ah should...
by PlayingLife
Sat Jan 06, 2018 8:30 am
Forum: Personal Finance (Not Investing)
Topic: How much are you putting in a 529?
Replies: 111
Views: 7380

How much are you putting in a 529?

BH's, Curious to hear about everyone's funding strategy for 529s. We have one child turning 2 soon and hope to have one more in the future. Balance at end of 2017 was a little over $8K. Right now I'm planning to deposit $5K per year in the 529 for child one, and another $5k per year once child 2 hop...
by PlayingLife
Thu Dec 21, 2017 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Math problem: Changing payment terms | Reading recommendation
Replies: 5
Views: 396

Math problem: Changing payment terms | Reading recommendation

You have sales of 1.2 million with one of your customers. He asks you to increase the payment terms from 30 days to 90 days. The interest rate the company has to pay is 7.5%. By what % do you have to increase your price to make the same amount of money as with the old payment terms? It's been a whil...
by PlayingLife
Sat Dec 16, 2017 11:00 am
Forum: Personal Consumer Issues
Topic: Apple Watch - which case for my wife?
Replies: 7
Views: 525

Re: Apple Watch - which case for my wife?

Hi there, I’m a female and I chose the stainless steel case with gray band. I love it because it goes with every outfit without clashing. And I had the same opinion you did on the black, it felt too masculine for my taste. FWIW, several females I know also have the stainless steel case with gray ba...
by PlayingLife
Sat Dec 16, 2017 8:37 am
Forum: Personal Consumer Issues
Topic: Apple Watch - which case for my wife?
Replies: 7
Views: 525

Apple Watch - which case for my wife?

My wife does not spend much on clothing these days compared to her younger years, but she tries to stay on trend as much as possible. She's in an office setting daily yet she can fluctuate between dressing up a bit on weekends to fitting the whole "active lifestyle" clothing trend. I'm getting her t...
by PlayingLife
Thu Dec 14, 2017 8:01 am
Forum: Personal Finance (Not Investing)
Topic: Almost fell off my chair...
Replies: 16
Views: 4462

Re: Almost fell off my chair...

Congratulations. If you hear about a market crash in the news at some point in the coming weeks/months/years - the best thing for you to do might be not to log in and look until things are on the way to recovery :) So true - in 2008 I stopped opening my quarterly 401K statements. I knew the market ...
by PlayingLife
Thu Dec 14, 2017 7:58 am
Forum: Personal Finance (Not Investing)
Topic: Almost fell off my chair...
Replies: 16
Views: 4462

Re: Almost fell off my chair...

Ever since following the BH way of investing, life has become less stressful. With the "set it and forget it" mentality, I haven't checked my basic VG three fund portfolio in some months. Logged in this morning just to ensure I am hitting my 401k contribution limit with my last check for the year.....
by PlayingLife
Wed Dec 13, 2017 10:55 am
Forum: Personal Finance (Not Investing)
Topic: Almost fell off my chair...
Replies: 16
Views: 4462

Almost fell off my chair...

Ever since following the BH way of investing, life has become less stressful. With the "set it and forget it" mentality, I haven't checked my basic VG three fund portfolio in some months. Logged in this morning just to ensure I am hitting my 401k contribution limit with my last check for the year......
by PlayingLife
Wed Dec 13, 2017 10:42 am
Forum: Personal Consumer Issues
Topic: NYC restaurant suggestion
Replies: 43
Views: 2500

Re: NYC restaurant suggestion

If you only have one meal I definitely don't recommend the tourist trap Little Italy. However if you do eat there, this is the ONLY restaurant I would recommend.... https://www.yelp.com/biz/pellegrinos-italian-restaurant-new-york?osq=italian+restaurant+little+italy For accessible Italian, my recomme...
by PlayingLife
Tue Dec 12, 2017 9:00 pm
Forum: Personal Finance (Not Investing)
Topic: New job - possible to keep my 2017 bonus?
Replies: 4
Views: 781

New job - possible to keep my 2017 bonus?

Hi BH's, I was offered a new position today which will begin halfway through January - I'm very excited for this opportunity. I will give my current employer notice the first or second week of January. By the close of 2017, I will have earned approximately 90% of my 2017 bonus payout target, which i...
by PlayingLife
Thu Oct 26, 2017 7:02 am
Forum: Personal Finance (Not Investing)
Topic: Request for Promotion letter to Senior Management
Replies: 155
Views: 13358

Re: Request for Promotion letter to Senior Management

I think in person is always best, but you would have to stay strong with the points you mention in your letter, and not "go soft" during the discussion. If you are comfortable with an in person discussion, I recommend this. This also gives the opportunity to directly discuss pay specifics, and immed...
by PlayingLife
Mon Oct 16, 2017 10:29 am
Forum: Personal Finance (Not Investing)
Topic: Bonus pushed back - should I be annoyed?
Replies: 43
Views: 3505

Re: Bonus pushed back - should I be annoyed?

Thanks for the feedback everyone. I did think I was over reacting a bit - I just have seen too many big companies play games with employees..they have taught me to be over defensive.

NA = North America. Thanks again!
by PlayingLife
Mon Oct 16, 2017 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Bonus pushed back - should I be annoyed?
Replies: 43
Views: 3505

Bonus pushed back - should I be annoyed?

BH's, Today my company sent an announcement out, stating that bonus payouts will be pushed back about a month and a half in 2018, and will remain this way indefinitely. Reasoning provided is that now NA will be aligned in terms of payout timeline with the rest of the globe, and that this is being do...
by PlayingLife
Tue Oct 10, 2017 11:29 am
Forum: Personal Finance (Not Investing)
Topic: Question on selling used car (Tax related)
Replies: 6
Views: 523

Re: Question on selling used car (Tax related)

fantasytensai wrote:
Tue Oct 10, 2017 8:46 am
I think OP may be confused on some fundamental concepts of taxation and selling a used car. Read this quick article.

https://www.dmv.org/articles/income-tax ... -used-car/
Again you are correct - thank you for clarifying.
by PlayingLife
Tue Oct 10, 2017 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Question on selling used car (Tax related)
Replies: 6
Views: 523

Re: Question on selling used car (Tax related)

Seems there are two different things being discussed. Sales tax and income tax. If you are buying a new car, you can deduct the value of the trade-in from purchase price of the new car before calculating sales tax in certain states. If you are just selling a used car, you do not owe income or any o...
by PlayingLife
Tue Oct 10, 2017 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Question on selling used car (Tax related)
Replies: 6
Views: 523

Question on selling used car (Tax related)

Hi BH's, Helping my parents replace one vehicle with another. The vehicle we are getting rid of is worth about $23K on the private market, and about $21K / 21.5 as a trade in. My question = if we trade the vehicle in, are we responsible for tax on the trade in value? Or are we only subject to pay ta...
by PlayingLife
Thu Oct 05, 2017 7:23 pm
Forum: Personal Finance (Not Investing)
Topic: Starting a Business While Working
Replies: 5
Views: 863

Starting a Business While Working

I've been thinking about starting a business for years, and am at a point where I am ready to dive in. However, it may be impossible to start this business while staying in my current position. Could anyone offer some guidance? Has anyone been in a similar position in their lives, and how did it tur...
by PlayingLife
Fri Sep 01, 2017 9:53 am
Forum: Personal Consumer Issues
Topic: Companies/Brands You Love?
Replies: 157
Views: 11180

Re: Companies/Brands You Love?

I saw a similar question posted on Twitter yesterday. What companies do you love/trust and will always have your business? There seems to be a lot of love for Costco on here. What else? Any smaller companies? Patagonia has had my business for 25 years and have always done right by me. I also like t...
by PlayingLife
Thu Aug 31, 2017 11:23 am
Forum: Personal Consumer Issues
Topic: Would you let your teenager spend all his savings on a gaming computer?
Replies: 123
Views: 8175

Re: Would you let your teenager spend all his savings on a gaming computer?

Honestly, I'd not only let him do it, I'd encourage it and learn how to do it with him. Building a computer is a great learning experience. You learn how all the parts work and fit together. You can save money in the long run by buying quality parts that last and replacing things like graphics card...
by PlayingLife
Tue Aug 29, 2017 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Really struggling: advice on accepting this new job offer?
Replies: 31
Views: 3465

Re: Really struggling: advice on accepting this new job offer?

Well I still do not feel 100% about the decision but I do believe it is the best decision. I declined the offer and am going to hold steady and be patient, while continuing to keep an eye out for a better opportunity. Thanks for the advice everyone!
by PlayingLife
Tue Aug 29, 2017 7:19 am
Forum: Investing - Theory, News & General
Topic: NYS 529 Direct plan (Vanguard/NYSaves.org) fee reduction
Replies: 3
Views: 481

Re: NYS 529 Direct plan (Vanguard/NYSaves.org) fee reduction

Received the same notice, good news and glad we signed up earlier this year! It looks like the various states are really getting competitive with 529's.
by PlayingLife
Sun Aug 27, 2017 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Really struggling: advice on accepting this new job offer?
Replies: 31
Views: 3465

Re: Really struggling: advice on accepting this new job offer?

I have to ask - you are in sales and seem to be successful. Why haven't you been able to negotiate a higher salary for the new job offer? Just checking to make sure this avenue has been thoroughly pursued. If you're going to say no to the new job offer, you owe it to yourself to push as hard as you...
by PlayingLife
Fri Aug 25, 2017 6:32 pm
Forum: Personal Finance (Not Investing)
Topic: Really struggling: advice on accepting this new job offer?
Replies: 31
Views: 3465

Re: Really struggling: advice on accepting this new job offer?

If you're struggling between 2 choices, pick the 3rd one. Either wait until the company has the position you want available or find another position at a different company that gives you what you want. If you're going to take the risk of switching jobs, it should be a slam dunk. Very well said - th...
by PlayingLife
Fri Aug 25, 2017 6:31 pm
Forum: Personal Finance (Not Investing)
Topic: Really struggling: advice on accepting this new job offer?
Replies: 31
Views: 3465

Re: Really struggling: advice on accepting this new job offer?

Wow, thanks for all the feedback everyone. So at 4:30pm today I was 55% new company / 45% company I'm at, and now I'm 55% company I'm at / 45% new company. A lot of people brought a lot of great information to the table. For comparison's sake, I am in a 5 billion USD company and the potential new co...
by PlayingLife
Fri Aug 25, 2017 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Really struggling: advice on accepting this new job offer?
Replies: 31
Views: 3465

Really struggling: advice on accepting this new job offer?

I have a job offer on the table - comp is exactly the same as where I am today. Without getting into detail on personal finances, we are middle class in HCOL area, but we are in no means struggling. Retirement contributions follow boglehead expectations, 529's, insurances, etc, are all in place. One...
by PlayingLife
Fri Aug 25, 2017 7:48 am
Forum: Personal Finance (Not Investing)
Topic: Spend down plan for mom and dad - help needed
Replies: 8
Views: 1855

Re: Spend down plan for mom and dad - help needed

75,900 Take a look at 2016 income tax 1040 and look at line 43 for taxable income. Assuming it is under 75,900 be sure to sell at least enough stocks to let the Capital Gains get up to that number. I would plan to go over and expect to pay 15% CGs on any amount over ~76k. There is too much risk in ...
by PlayingLife
Tue Aug 22, 2017 6:48 pm
Forum: Personal Finance (Not Investing)
Topic: Spend down plan for mom and dad - help needed
Replies: 8
Views: 1855

Re: Spend down plan for mom and dad - help needed

75,900 Take a look at 2016 income tax 1040 and look at line 43 for taxable income. Assuming it is under 75,900 be sure to sell at least enough stocks to let the Capital Gains get up to that number. I would plan to go over and expect to pay 15% CGs on any amount over ~76k. There is too much risk in ...
by PlayingLife
Tue Aug 22, 2017 6:44 am
Forum: Personal Finance (Not Investing)
Topic: Spend down plan for mom and dad - help needed
Replies: 8
Views: 1855

Spend down plan for mom and dad - help needed

Hi BH's, This new thread includes all the detail touched upon in my last post, which can be seen here: https://www.bogleheads.org/forum/viewtopic.php?f=2&t=224118 My father is 74 and my mother is 68. Dad is not doing well, he has some health concerns where he could potentially/eventually end up in L...
by PlayingLife
Sat Aug 12, 2017 5:30 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Parents: CFP or Elder Law Attorney
Replies: 18
Views: 1877

Re: Helping Parents: CFP or Elder Law Attorney

Your mother should contact the administrator of your father's pension plan to find out if she will receive a survivor benefit. Whether it is a government pension, corporate pension, or union pension, your parents should have paperwork showing how to contact the administrator. Your father is not goi...
by PlayingLife
Tue Jul 25, 2017 10:44 am
Forum: Personal Finance (Not Investing)
Topic: Helping Parents: CFP or Elder Law Attorney
Replies: 18
Views: 1877

Re: Helping Parents: CFP or Elder Law Attorney

Your mother should contact the administrator of your father's pension plan to find out if she will receive a survivor benefit. Whether it is a government pension, corporate pension, or union pension, your parents should have paperwork showing how to contact the administrator. Your father is not goi...
by PlayingLife
Tue Jul 25, 2017 7:49 am
Forum: Personal Finance (Not Investing)
Topic: Helping Parents: CFP or Elder Law Attorney
Replies: 18
Views: 1877

Re: Helping Parents: CFP or Elder Law Attorney

One last thing - they do have wills I just need to get the details, and I do not think POA for myself or my sibling has been arranged, will also discuss this.
by PlayingLife
Tue Jul 25, 2017 7:46 am
Forum: Personal Finance (Not Investing)
Topic: Helping Parents: CFP or Elder Law Attorney
Replies: 18
Views: 1877

Re: Helping Parents: CFP or Elder Law Attorney

Okay I see a lot of questions asking me to alleviate further to the exact situation, to determine in what order to hire a CFP and Elder Law Attorney. Thank you for your responses thus far, here are the remaining details: *Parents: Age 73 and 67. Mom's health is fine and Dad suffers from Aphasia, his...
by PlayingLife
Mon Jul 24, 2017 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Parents: CFP or Elder Law Attorney
Replies: 18
Views: 1877

Re: Helping Parents: CFP or Elder Law Attorney

Hi Carefree, Sorry, I'm not sure why this info is necessary as I am not using this thread to investigate solutions? This post is to figure out who to contact first, and what things an elder law attorney can help with - correct me if I am wrong please and thank you for looking. I have all their asset...
by PlayingLife
Mon Jul 24, 2017 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Parents: CFP or Elder Law Attorney
Replies: 18
Views: 1877

Helping Parents: CFP or Elder Law Attorney

Hi everyone, Should I hire a CFP first or Elder LA? What can I expect from the LA? 1. Parents have a wide collection of assets and revenue streams that needs to be formerly reviewed and likely consolidated and/or optimized: two annuities, individual stock, a paid off house, a couple of savings accou...
by PlayingLife
Sun Jul 16, 2017 8:36 am
Forum: Personal Consumer Issues
Topic: Cutting the Cord: Who's Best?
Replies: 46
Views: 5819

Re: Cutting the Cord: Who's Best?

Was really nervous about DirectTV Now given all the horrible existing reviews. However, my wife wanted to try it first based on their package selection. We're 3 weeks in and I'm blown away by how smooth it is in our area. Also, HBO is only $5 a month and we prepaid two months (took a big gamble here...
by PlayingLife
Sun Jul 16, 2017 8:24 am
Forum: Personal Consumer Issues
Topic: Would you look for a general handyman for these home jobs?
Replies: 28
Views: 3234

Would you look for a general handyman for these home jobs?

I have a bunch of odd jobs around the house where I'd rather hire someone to take care, to ensure the job gets done right. Here are some that come to mind.... 1. Replace/fix radon fan on the roof which seems to be not running 2. Install a quality filter system on our furnance, replacing the cheap di...
by PlayingLife
Sat Jul 01, 2017 6:45 am
Forum: Investing - Help with Personal Investments
Topic: Anyone else got all their eggs in only the Vanguard basket?
Replies: 41
Views: 4692

Re: Anyone else got all their eggs in only the Vanguard basket?

Sorry for everything happening lately...I have a Vanguard IRA and 401k and am fine with this. I don't think you need to worry, and I love the simplification. You may want to spend more time on Bogleheads learning about desired asset location across Vanguard funds before choosing, just to consider th...
by PlayingLife
Thu Jun 29, 2017 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on excepting a lower 401K employer match
Replies: 10
Views: 1035

Re: Thoughts on excepting a lower 401K employer match

I think your title should be "Thoughts on accepting a lower 401k employer match". 1.5% of $18,000 = $270, that is what you would be missing each year. I don't see that OP gave the formula. You can't calcuate 1.5% of the limit to find the lost amount. Easy example: suppose now OP makes $100k and cur...
by PlayingLife
Thu Jun 29, 2017 1:29 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on excepting a lower 401K employer match
Replies: 10
Views: 1035

Re: Thoughts on excepting a lower 401K employer match

clydewolf wrote:I think your title should be "Thoughts on accepting a lower 401k employer match".

1.5% of $18,000 = $270, that is what you would be missing each year.
Yikes, embarrassing! That's what I get for rushing, thank you for pointing out that mistake!
by PlayingLife
Wed Jun 28, 2017 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Thoughts on excepting a lower 401K employer match
Replies: 10
Views: 1035

Thoughts on excepting a lower 401K employer match

Hi BH's, I have a job offer that came in and it's generally what I want, except my employer 401K match would drop 1.5%. It's a couple of thousand dollars difference at the end of the day. How much would this bother you? What would your total comp % increase have to be, to accept a decrease in 401K c...
by PlayingLife
Sun Jun 25, 2017 6:54 am
Forum: Personal Finance (Not Investing)
Topic: Two potential job offers and buying time - please help!
Replies: 13
Views: 1837

Re: Two potential job offers and buying time - please help!

It's valuable to keep it simple. Explain that you are actively interviewing with another company and that you will not have a response until it completes. You can also ask Company 2 whether they can move the interview up because you've received an offer with another company. Don't go into detail re...
by PlayingLife
Sun Jun 25, 2017 6:48 am
Forum: Personal Finance (Not Investing)
Topic: Should I buy an $800k house?
Replies: 89
Views: 7955

Re: Should I buy an $800k house?

For comparison, our annual income before taxes is between $240 and 260. We bought a $480K house with 20% down and have a monthly payment of $3K including taxes. Before that, we lived in 1 bedroom apartment for $1600 - 2100 a month. Three years in, I am really glad we did not go higher with our mortg...
by PlayingLife
Sun Jun 25, 2017 6:19 am
Forum: Personal Finance (Not Investing)
Topic: I need a strategy to address debt and savings
Replies: 38
Views: 4855

Re: I need a strategy to address debt and savings

1. People are offering a lot of good advice. If you start making excuses why you can't follow some of the trends above, then you are not serious about fixing your situation. Please consider this. 2. I really like the Dave Ramsey advice - in your case, I think listening to his Podcast daily would be ...
by PlayingLife
Sun Jun 25, 2017 5:29 am
Forum: Personal Finance (Not Investing)
Topic: Two potential job offers and buying time - please help!
Replies: 13
Views: 1837

Re: Two potential job offers and buying time - please help!

Thanks for the responses so far. Regarding company #2, I actually have airfare booked to meet with them next Friday. I also don't have availability to meet with them any earlier except for maybe next Wednesday after July 4th. I also don't think I can hold off on Company #1 without informing them of ...