Search found 60 matches

by schoolboyguy
Mon Jan 22, 2018 4:17 pm
Forum: Personal Finance (Not Investing)
Topic: Thinking about changing jobs after 15 years. Looking for something I can land with a 2yr/tech school
Replies: 42
Views: 4134

Re: Thinking about changing jobs after 15 years. Looking for something I can land with a 2yr/tech school

I have a 2-year degree in industrial maintenance and about 5 years experience. Without overtime, I make about 52k/yr with excellent benefits. I generally make closer to 90k b/c of overtime, but it’s really no way to live. I’m in Texas and work for a specialized industrial equipment service company. ...
by schoolboyguy
Fri Apr 28, 2017 9:09 pm
Forum: Investing - Theory, News & General
Topic: Schwab Vs. Vanguard?
Replies: 37
Views: 23001

Re: Schwab Vs. Vanguard?

I've used both companies, but recently moved all assets back to vanguard. Schwab definitely has better website, customer service, and research resources. I only owned etf's and individual stocks there, so I can't speak on mutual fund experience. But the reason I switched back to vanguard was liquidi...
by schoolboyguy
Sun Apr 02, 2017 5:29 pm
Forum: Personal Finance (Not Investing)
Topic: Low-earners- What is your profession?
Replies: 371
Views: 55672

Re: Low-earners- What is your profession?

I'm an overhead crane technician, making 75-90k/yr. Without a ridiculous amount of overtime I'd make closer to 50k. My wife is an assistant manager at a massage clinic making About 40k. We have no kids (29 & 27) and at times save around 30% of income. On track to become financially independent in ou...
by schoolboyguy
Mon Dec 26, 2016 1:30 pm
Forum: Personal Finance (Not Investing)
Topic: Should I liquidate taxable investments to pay off auto loan?
Replies: 16
Views: 1901

Re: Should I liquidate taxable investments to pay off auto loan?

What is missing is some additional information. How much is left of the auto loan term? What is amount of the capital gains on your taxable accounts? What is your capital gains tax rate? . I've edited op to include this info. Cap gains rate is projected to be 15% in 2017. Loan was just initiated th...
by schoolboyguy
Mon Dec 26, 2016 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Should I liquidate taxable investments to pay off auto loan?
Replies: 16
Views: 1901

Should I liquidate taxable investments to pay off auto loan?

I have seen people ask whether they should invest cash or pay off loans, but I have never seen anyone ask if they should liquidate holdings to pay off a loan, hence the reason for this post. We are 29 & 27. We have about 170k in investments. (70/30. about 90k tax-advantaged/80k taxable) We have a co...
by schoolboyguy
Sat Oct 08, 2016 7:46 pm
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 4218
Views: 1215815

Ego is the Enemy

Ego is the Enemy

by Ryan Holiday
by schoolboyguy
Sat Oct 08, 2016 3:46 pm
Forum: Personal Consumer Issues
Topic: Looking for good mountain scenery near Denver
Replies: 16
Views: 2101

Re: Looking for good mountain scenery near Denver

Thanks everyone for the replies. Ive never been to colorado, or anywhere north of texas in the winter, so I hadnt even given thought to roads being closed and areas being inaccessible. Im not opposed to some light hiking, but seeing as how neither of us have done so before, I'd hate to take my wife ...
by schoolboyguy
Fri Oct 07, 2016 11:03 pm
Forum: Personal Consumer Issues
Topic: Looking for good mountain scenery near Denver
Replies: 16
Views: 2101

Looking for good mountain scenery near Denver

My wife and I are taking an 8 day vacation to Denver in November. We will likely spend 2-3 days exploring Denver/hanging around, and 1-2 days skiing. On at least one day, I would like to DRIVE (not hike) to a mountain top, or at least a place in the rockies overlooking some nice scenery. When I goog...
by schoolboyguy
Thu May 12, 2016 4:49 pm
Forum: Personal Investments
Topic: What's your EM tilt and why?
Replies: 43
Views: 4442

Re: What's your EM tilt and why?

I have approximately a 75/25 stock/bond portfolio. International allocation of stocks is about 50%. EM allocation is about 50% of international stocks. I don't have a reason for this exact number other than high expectations. I've actually been questioning lately whether this is too much, but i thin...
by schoolboyguy
Fri May 06, 2016 9:04 pm
Forum: Personal Investments
Topic: 26 y/o with ~$175,000 inheritence
Replies: 40
Views: 8405

Re: 26 y/o with ~$175,000 inheritence

You could treat the money as "untouchable" and stash in an investment account 80/20, never to be seen again until you retire. This would motivate you to work your butt off and achieve your own greatness. This is more or less what I did with a windfall from my Dad's passing 3 years ago. Similar amou...
by schoolboyguy
Thu Apr 07, 2016 2:45 pm
Forum: Personal Finance (Not Investing)
Topic: how to pay for degree(s)
Replies: 10
Views: 1329

Re: how to pay for degree(s)

schoolboyguy, https://clep.collegeboard.org/ How about using CLEP to earn some credits on math and science if you have the knowledge? KlangFool If only I had the knowledge.... I would not feel comfortable skipping even the prerequisites. But thank you for the link. I think that you are smart not to...
by schoolboyguy
Thu Apr 07, 2016 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: how to pay for degree(s)
Replies: 10
Views: 1329

Re: how to pay for degree(s)

KlangFool wrote:
schoolboyguy wrote:
schoolboyguy,

https://clep.collegeboard.org/

How about using CLEP to earn some credits on math and science if you have the knowledge?

KlangFool
If only I had the knowledge....

I would not feel comfortable skipping even the prerequisites. But thank you for the link.
by schoolboyguy
Thu Apr 07, 2016 1:54 pm
Forum: Personal Finance (Not Investing)
Topic: how to pay for degree(s)
Replies: 10
Views: 1329

Re: how to pay for degree(s)

My background, related to yours: Associates degree. Worked and started taking night classes in EE. Quit my job, sold everything I owned and went back full time. Did work study when I was able. Worked summers while also doing night courses. Rude awakening: The transfers from my 2 year associates deg...
by schoolboyguy
Thu Apr 07, 2016 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: how to pay for degree(s)
Replies: 10
Views: 1329

Re: how to pay for degree(s)

Any thought of asking your employer about tuition reimbursement? You are so close to a degree that they may want to keep you on board by reimbursing your expenses with the agreement that you return to work for some specified duration after your degree is complete. This could also allow you to work ...
by schoolboyguy
Thu Apr 07, 2016 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: how to pay for degree(s)
Replies: 10
Views: 1329

how to pay for degree(s)

Bogleheads, I have decided to go back to school for Electrical Engineering. My wife has about one year left in her education (unless she is unsatisfied with her chosen degree). Working while going to school is not an option for me, simply b/c I want this degree A.S.A.P. and I know I wont last a seme...
by schoolboyguy
Tue Dec 15, 2015 11:55 pm
Forum: Personal Investments
Topic: Substitutes for VGK & VPL
Replies: 1
Views: 565

Substitutes for VGK & VPL

Bogleheads, I need your help. I recently tax-loss harvested 3 etf's: VWO (FTSE emerging markets), VGK (FTSE europe), and VPL (FTSE pacific). I found a replacement for VWO in IEMG. However, I cant seem to find any substitutes for VGK or VPL. I've looked at the substitute list in the wiki, searched ya...
by schoolboyguy
Sun Dec 13, 2015 7:12 pm
Forum: Investing - Theory, News & General
Topic: TLH question (basic mechanics)
Replies: 8
Views: 546

Re: TLH question (basic mechanics)

livesoft wrote:Yes, the 1099-B should show losses (and gains), so TurboTax will see that and do the right things with them.
Thank you. :sharebeer
by schoolboyguy
Sun Dec 13, 2015 7:07 pm
Forum: Investing - Theory, News & General
Topic: TLH question (basic mechanics)
Replies: 8
Views: 546

Re: TLH question (basic mechanics)

TurboTax should work with Vanguard and Scottrade. Also all your shares should be "covered", so when the 1099-B, 1099-DIV are available, they should be correct. However, many times they are not correct, so you should be able to tell yourself if they are correct or not and request corrected ones if n...
by schoolboyguy
Sun Dec 13, 2015 6:56 pm
Forum: Investing - Theory, News & General
Topic: TLH question (basic mechanics)
Replies: 8
Views: 546

Re: TLH question (basic mechanics)

livesoft wrote:It depends on which firm you use for your broker and also when you purchased your shares.
I use Vanguard for my investments, and used Scottrade for some fun money trading (+$200 :oops: )

All shares were purchased during 2013 or later.
by schoolboyguy
Sun Dec 13, 2015 6:44 pm
Forum: Investing - Theory, News & General
Topic: TLH question (basic mechanics)
Replies: 8
Views: 546

TLH question (basic mechanics)

I have never done tax loss harvesting, but want to harvest some of my unrealized 2015 losses. I've read the wiki and understand the theory, and know what to sell. However, I'm unsure about the mechanics of it when tax season comes. Is there special forms to fill out during tax season? I have enough ...
by schoolboyguy
Mon Dec 07, 2015 5:24 pm
Forum: Personal Consumer Issues
Topic: Reading BH Posts on an iPhone 6S Plus
Replies: 5
Views: 791

Re: Reading BH Posts on an iPhone 6S Plus

Try viewing in desktop mode.... at least that's what you do in chrome browser.
by schoolboyguy
Sat Aug 22, 2015 2:27 pm
Forum: Investing - Theory, News & General
Topic: Kind of getting excited about energy stocks
Replies: 50
Views: 5819

Re: Kind of getting excited about energy stocks

I've been having the same thoughts, but haven't made a move. I'm not going to change any allocations or change contribution amounts to get a piece of it, but I have been considering making temporary life style changes to throw a little speculation money at it. We'll see.... I definitely have my eyes...
by schoolboyguy
Wed Aug 12, 2015 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Your First Job
Replies: 113
Views: 11167

Re: Your First Job

When I was 13, I picked up dead chickens from the chicken houses my step-dad was running. My title was "farm spouse", and I worked under my mom's name. :|

It felt good to earn my own spending $ at such a young age.
by schoolboyguy
Wed Jun 03, 2015 11:26 pm
Forum: Personal Consumer Issues
Topic: Chromebook purchase
Replies: 30
Views: 4171

Re: Chromebook purchase

I have a Toshiba chromebook. Not sure which one (it's at work right now). It's great in that the battery last forever and it boots up quick... not to mention the price. However, I can't print, scan, or download software to it, unless I'm missing something. just telling you in case you've never used ...
by schoolboyguy
Mon Dec 29, 2014 9:44 am
Forum: Investing - Theory, News & General
Topic: "Vanguard converting mutual fund accounts to brokerage?
Replies: 420
Views: 93597

Re: "Vanguard converting mutual fund accounts to brokerage?

I tried over the weekend to turn my dividend reinvestment off on an index fund. It told me that this has to be done during a certain time (something like mon-fri 8-8). I do most account maintenance and stuff late at night so I can see this being a huge annoyance. Before I combined my accounts, I cou...
by schoolboyguy
Sun Sep 28, 2014 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Tax Season Reference???
Replies: 13
Views: 1043

Re: Tax Season Reference???

The IRS has all the publications one needs. What's that first one? Publication 17? Yea, I've just never even tried to read their publication. I guess I've made the assumption that it would be impossible to understand. :oops: I'm wondering if anyone has a favorite book/reference they use during tax ...
by schoolboyguy
Sun Sep 28, 2014 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Tax Season Reference???
Replies: 13
Views: 1043

Re: Tax Season Reference???

bsteiner wrote:J.K. Lasser's Your Income Tax comes in both a consumer edition and a professional edition.
Thanks for the reply. I'll be sure to pick up the consumer edition, if I choose this one. Would you say it includes everything relevant to filing a tax return with investments and itemized deductions?
by schoolboyguy
Sun Sep 28, 2014 5:17 am
Forum: Personal Finance (Not Investing)
Topic: Tax Season Reference???
Replies: 13
Views: 1043

Tax Season Reference???

I'm wondering if anyone has a favorite book/reference they use during tax season. This is going to be my first year to do my own taxes with itemized deductions and investments. The book I'm currently considering is J K Lasser's Your Income Tax 2015 , when it is released in October. The reviews for p...
by schoolboyguy
Thu Sep 25, 2014 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: Should I get an HSA?
Replies: 17
Views: 1902

Re: Should I get an HSA?

I am signing up for my HSA next week. It is tax advantaged and my employer matches the first $500 I contribute annually, so I see it as an opportunity to lower my taxable income and get a free $500 every year. Also, I am pretty young (27), so I don't really expect any major medical expenses in the n...
by schoolboyguy
Thu Sep 25, 2014 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: Notice From Vanguard About Impending Transfer
Replies: 17
Views: 2755

Re: Notice From Vanguard About Impending Transfer

i also got this email today. had forgotten about it til now. Im gonna log in and see if theres any messages in my account.. edit: yes, it appears to be coming from vanguard. i only own mutual funds. I believe theyre trying to make it possible for you to invest in whatever you like (funds, etfs, stoc...
by schoolboyguy
Mon Sep 22, 2014 6:29 am
Forum: Personal Finance (Not Investing)
Topic: hoiuh
Replies: 46
Views: 5922

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by schoolboyguy
Mon Sep 22, 2014 12:52 am
Forum: Personal Finance (Not Investing)
Topic: hoiuh
Replies: 46
Views: 5922

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by schoolboyguy
Sun Sep 21, 2014 10:09 am
Forum: Personal Finance (Not Investing)
Topic: hoiuh
Replies: 46
Views: 5922

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by schoolboyguy
Sun Sep 21, 2014 10:01 am
Forum: Personal Finance (Not Investing)
Topic: hoiuh
Replies: 46
Views: 5922

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by schoolboyguy
Sun Sep 21, 2014 9:58 am
Forum: Personal Finance (Not Investing)
Topic: hoiuh
Replies: 46
Views: 5922

jjjjjjj

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by schoolboyguy
Sun Sep 21, 2014 9:57 am
Forum: Personal Finance (Not Investing)
Topic: hoiuh
Replies: 46
Views: 5922

jjjjjjj

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by schoolboyguy
Sun Sep 21, 2014 9:53 am
Forum: Personal Finance (Not Investing)
Topic: hoiuh
Replies: 46
Views: 5922

jjjjjjjjj

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by schoolboyguy
Sat Sep 20, 2014 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: hoiuh
Replies: 46
Views: 5922

hoiuh

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by schoolboyguy
Sun Sep 14, 2014 10:15 pm
Forum: Personal Finance (Not Investing)
Topic: What Happens To Mortgage When Borrower Dies?
Replies: 12
Views: 2514

Re: What Happens To Mortgage When Borrower Dies?

I don't remember the process exactly, but know that I still made payments on my Dad's mortgage while the process was ongoing. However, this was at a small town bank who knew my family and also knew that I was going to take over the mortgage. Maybe they let something slide? Honestly idk.
by schoolboyguy
Wed Aug 13, 2014 1:30 pm
Forum: Personal Investments
Topic: IRA Fees
Replies: 13
Views: 1233

Re: IRA Fees

I don't know what the industry standard, but like the poster above, I pay no fees with vanguard. No better time to switch than now.
by schoolboyguy
Fri Jul 18, 2014 1:24 pm
Forum: Personal Investments
Topic: Employer stock
Replies: 5
Views: 767

Re: Employer stock

Is it really an either/or situation? Does the company stock program constrain the amount of money you can put into retirement because of the program's rules or because you don't have the extra cash? It sounds like the latter. If so, then it's a matter of your priorities. No, it's not either/or. I s...
by schoolboyguy
Fri Jul 18, 2014 7:28 am
Forum: Personal Investments
Topic: Employer stock
Replies: 5
Views: 767

Employer stock

I just started a new job that I intend to stay at for at least 5 years. I have a barely 6 figure portfolio in a 66/33 allocation invested in index funds (50% of stock is int'l). I am 27. I intend to start off saving 10% of my wages for retirement, more when possible. My employer matches 100% of firs...
by schoolboyguy
Wed Jun 11, 2014 12:22 am
Forum: Personal Consumer Issues
Topic: Any [iPhone] "Apps" you like?
Replies: 69
Views: 10714

Re: Any "Apps" you like?

Financial apps are vanguard, credit card, both banks. No need to download stock quote app, it's already on your phone under "stocks." It will not track funds, but if there is an Etf version of your funds, put in their signals and you can at least check percentage change. I also downloaded Microsoft ...
by schoolboyguy
Mon Jun 02, 2014 11:13 pm
Forum: Personal Investments
Topic: Is schwab good?
Replies: 13
Views: 1501

Re: Is schwab good?

stlutz wrote:Between Fidelity, Vanguard, and Schwab my experience has been that Schwab has the best customer service of the three. And yes, their ETFs are excellent choices.
Thanks for the feedback :happy
by schoolboyguy
Mon Jun 02, 2014 10:54 pm
Forum: Personal Investments
Topic: Is schwab good?
Replies: 13
Views: 1501

Re: Is schwab good?

Schwab is fine. I've used them for many years. Their index mutual funds and ETFs are very competitive. They did have a high yield savings that did not work out well for them. Some of it was invested in mortgage securities and it took a hit about 2007-8. If you stay with their regular stock indexes ...
by schoolboyguy
Mon Jun 02, 2014 10:35 pm
Forum: Personal Investments
Topic: Is schwab good?
Replies: 13
Views: 1501

Is schwab good?

I have convinced my g/f to open a roth IRA. Problem is, she is not gonna be able to meet the $1000 minimum for Vanguard at the moment. I found that Schwab will let her open an account with less, as long as she sets up an automatic monthly investment. I was looking through their etf's and it seems th...
by schoolboyguy
Sat May 17, 2014 6:07 pm
Forum: Personal Consumer Issues
Topic: Electrical question
Replies: 24
Views: 2699

Re: Electrical question

240 will draw less amps during charge. I know nothing about electric cars but I know electricity.
by schoolboyguy
Wed May 14, 2014 8:26 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep some money in a local bank?
Replies: 47
Views: 4305

Re: Should I keep some money in a local bank?

Yeah, i guess you guys are probably right. The interest and hassle of keeping a small amount in the local bank is really a small price to pay for some of the benefits. Although I'll probably never stop in for the free coffee or popcorn, I do need a notary from time to time and I did have to deposit ...
by schoolboyguy
Wed May 14, 2014 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep some money in a local bank?
Replies: 47
Views: 4305

Re: Should I keep some money in a local bank?

Thanks for all the replies. I still don't know what I'll do. I know it's pretty trivial, but I'll be considering your thoughts before making a decision.
by schoolboyguy
Wed May 14, 2014 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Should I keep some money in a local bank?
Replies: 47
Views: 4305

Should I keep some money in a local bank?

About 6 months ago, I moved most of my non-investment funds to an online bank for the .87% and .25% yields on savings and checking accounts. I have however, kept a small amount in a local bank. My Dad used this bank for everything, including his mortgage and most of the ppl that work there remember ...