Search found 3716 matches

by DaftInvestor
Wed Apr 25, 2018 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: Is this ESPP worthwhile?
Replies: 15
Views: 873

Re: Is this ESPP worthwhile?

Okay - then it hardly sounds "Nearly identical" to the OPs plan that can potentially make him thousands extra per year. Okay. Fair enough. I repent in sackcloth and ashes. 8-) sorry - I didn't mean to sound so harsh....and as Nate pointed out - my "thousands" was a bit of an exaggeration (although ...
by DaftInvestor
Wed Apr 25, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: Is this ESPP worthwhile?
Replies: 15
Views: 873

Re: Is this ESPP worthwhile?

My wife had a plan with a former employer that was nearly identical . Compared to most ESPP's I've had access to I thought it was a pretty crappy deal. We tried it for one cycle but decided it wasn't worth it after that. Especially didn't like that the contributions just sat there doing nothing - a...
by DaftInvestor
Wed Apr 25, 2018 2:19 pm
Forum: Personal Consumer Issues
Topic: New car pickup today.
Replies: 41
Views: 1954

Re: New car pickup today.

I would only worry about rustproofing if you live in an area where they still salt the roads which is a rarity now. Salt is used heavily in my area. The last car I had rustproofed was in 1981. I don't even see advertisements for rustproofing any more. A lot of salt where I live in the Northeast as ...
by DaftInvestor
Wed Apr 25, 2018 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Should I open a Goldman sachs 1.6% savings account?
Replies: 22
Views: 988

Re: Should I open a Goldman sachs 1.6% savings account?

Goldman Sachs (and prior to this GE-Capital-Bank) has been in the top tier yield for many years (I moved to them from CapOne360 years ago when I noticed). I wouldn't think this would change overnight. Their ACH transfers also complete within 24 hours (unlike Synchrony Bank that has the same rate but...
by DaftInvestor
Wed Apr 25, 2018 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Schwab Vs Fidelity Vs Vanguard
Replies: 30
Views: 2189

Re: Schwab Vs Fidelity Vs Vanguard

Schwab and Fidelity have been slightly lower on competing Index Funds for a while. But, the difference is mostly in the noise. A 0.01% difference on even a $1Million dollar fund is only $100 yearly. Plus, given the ER had been a race-to-the-bottom for these competitors - you might move everything on...
by DaftInvestor
Wed Apr 25, 2018 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Does it ever make sense to not contribute to retirement accounts?
Replies: 28
Views: 1475

Re: Does it ever make sense to not contribute to retirement accounts?

Pi,
If you expect to be in a lower tax bracket in retirement you would want to fund tax-advantaged accounts so you can pay less in taxes (pay less later rather than more now). If you can back-door into Roth you will grow tax-free. This could save you a lot in taxes over the years.
by DaftInvestor
Wed Apr 25, 2018 1:06 pm
Forum: Personal Consumer Issues
Topic: Is my computer obsolete?
Replies: 41
Views: 2050

Re: Is my computer obsolete?

I also don't even notice the auto-updates - they happen in the background and install when shut the machine down at night (if your work computer is managed by an IT department perhaps they are doing some additional work that is impacting it). We have no IT department. Us software developers handle ...
by DaftInvestor
Wed Apr 25, 2018 1:03 pm
Forum: Personal Consumer Issues
Topic: Do you have a car w/o ABS?
Replies: 48
Views: 1361

Re: Do you have a car w/o ABS?

I also always tell people when they're new to driving on snow/etc that if the antilocks ever fire, or the vsc kicks in, that they were driving too aggressively, aka going too fast, braking too hard or too late, or trying to turn too quickly and that they need to back it off. Call me aggressive I gu...
by DaftInvestor
Wed Apr 25, 2018 12:46 pm
Forum: Personal Consumer Issues
Topic: Is my computer obsolete?
Replies: 41
Views: 2050

Re: Is my computer obsolete?

I also don't even notice the auto-updates - they happen in the background and install when shut the machine down at night (if your work computer is managed by an IT department perhaps they are doing some additional work that is impacting it). We have no IT department. Us software developers handle ...
by DaftInvestor
Wed Apr 25, 2018 11:51 am
Forum: Personal Consumer Issues
Topic: New car pickup today.
Replies: 41
Views: 1954

Re: New car pickup today.

Dottie57 - these aren't worth it. With modern paint/coating techniques the additional "rust-proofing" is a waste of money. The reason they push the extended warranty so hard is because it is a major cash-cow for them. I don't know how many years the $2499 extends the warranty but it is very very unl...
by DaftInvestor
Wed Apr 25, 2018 11:43 am
Forum: Personal Consumer Issues
Topic: Do you have a car w/o ABS?
Replies: 48
Views: 1361

Re: Do you have a car w/o ABS?

Its a world of difference to me driving with/without ABS on snowy/icy roads. I would never want to go back to a car without ABS. You can try to "pump" the breaks old-school-style but it isn't the same. Once I started driving with ABS and got used to it I felt much more confident driving on snowy roa...
by DaftInvestor
Wed Apr 25, 2018 11:41 am
Forum: Personal Consumer Issues
Topic: Is my computer obsolete?
Replies: 41
Views: 2050

Re: Is my computer obsolete?

Still holding on to Windows 7? I'm sure there are a few Windows ME machines out there. The current version of Windows 10 where they stepped back from the new design is much better than Windows 7. I won't convince you of that, but it is. No, you won't convince me, but I'm mostly not talking about th...
by DaftInvestor
Wed Apr 25, 2018 9:00 am
Forum: Investing - Help with Personal Investments
Topic: Anyone invest in I Bonds and why?
Replies: 44
Views: 5374

Re: Anyone invest in I Bonds and why?

Any problems with Treasury Direct? I remember a thread about their site being inconvenient or worse None that I've ever had and as someone pointed out in another thread on Treasury Direct (see the "Treasury Direct is a waste of time" thread) - the majority of survey respondents give the site an exc...
by DaftInvestor
Tue Apr 24, 2018 6:30 pm
Forum: Investing - Help with Personal Investments
Topic: If you were starting from $0
Replies: 14
Views: 1222

Re: If you were starting from $0

100% - Total Stock Market Index
No need to put international in taxable - just add to the allocation in your 401K to stay at your allocation.
Think of your portfolio as a whole - not on a per account basis.
by DaftInvestor
Tue Apr 24, 2018 4:20 pm
Forum: Personal Finance (Not Investing)
Topic: Salary Negotiation gone sour
Replies: 98
Views: 9571

Re: Salary Negotiation gone sour

They offered you nearly $100k total comp. I’m not sure what is wrong here. And you countered their counter with a difference of about $1K in total comp. As a hiring manager I would have walked. +1 see below I spoke with the recruiting agent's manager who stated that my experience was a little below...
by DaftInvestor
Tue Apr 24, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: new thinking under 2018 tax law?
Replies: 11
Views: 1501

Re: new thinking under 2018 tax law?

I'm re-thinking my charitable giving strategy. I'm still exploring options (Use a DFA; give 5X every 5 years instead of X per year; hold on to most money I have been giving to charity every year in a separate account and wait until I'm gone to donate it; etc.). I'm having trouble trying to think dif...
by DaftInvestor
Tue Apr 24, 2018 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Salary Negotiation gone sour
Replies: 98
Views: 9571

Re: Salary Negotiation gone sour

All good points; I would just add that a) it's unreasonable in today's environment to expect zero negotiation when discussing a potential employment offer, and b) unless the bonus is guaranteed, you do have to discount it somewhat. Almost midway through the year, were they going to prorate? Make yo...
by DaftInvestor
Tue Apr 24, 2018 10:58 am
Forum: Investing - Theory, News & General
Topic: Fun Money
Replies: 45
Views: 2578

Re: Fun Money

When I saw the title of your post I thought you were talking vacations or a nice watch.

I don't invest for fun - I invest for my future. No "fun money" here in investments. I get my fun in other ways.
by DaftInvestor
Tue Apr 24, 2018 8:36 am
Forum: Personal Finance (Not Investing)
Topic: Salary Negotiation gone sour
Replies: 98
Views: 9571

Re: Salary Negotiation gone sour

looking for so 90-95k was more reasonable and I was happy with that range. ' .... 85k with 12.5% bonus. This was nearly 10k less than I was expecting .... Two business days later I got the answer that they could do 85k and 15% bonus target. I haven't read all responses so forgive me if others broug...
by DaftInvestor
Mon Apr 23, 2018 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Is this ESPP worthwhile?
Replies: 15
Views: 873

Re: Is this ESPP worthwhile?

My wife had a plan with a former employer that was nearly identical. Compared to most ESPP's I've had access to I thought it was a pretty crappy deal. We tried it for one cycle but decided it wasn't worth it after that. Especially didn't like that the contributions just sat there doing nothing - an...
by DaftInvestor
Sat Apr 21, 2018 5:36 am
Forum: Investing - Theory, News & General
Topic: KF's simple rules to achieve FI [Financial Independence]
Replies: 262
Views: 15381

Re: KF's simple rules to achieve FI

Breaking your rule 5 worked well for me - I avoided 20+ years of taxes by breaking rule 5. And you do realize rule 4 and 5 conflict - if I want to put as much as possible into tax-deferred/tax-free I may want to use 529. I realize you like rule 5 because you don't want to risk the 10% growth penalty...
by DaftInvestor
Fri Apr 20, 2018 1:33 pm
Forum: Personal Consumer Issues
Topic: Do you buy new or used cars?
Replies: 109
Views: 6280

Re: Do you buy new or used cars?

I like Honda and Toyota. They are a bargain new but hold their value so well it's not worth it to buy used unless you negotiate a lot. The cost per year is not much different if you drive it for 10-15 years. This is what I do. Last purchase was a brand new Toyota Camry - bought under invoice priced...
by DaftInvestor
Thu Apr 19, 2018 1:57 pm
Forum: Personal Consumer Issues
Topic: [When is going out to a restaurant worth it to you?]
Replies: 71
Views: 5183

Re: [When is going out to a restaurant worth it to you?]

"When is going out to a restaurant worth it to you?" A. When I don't feel like cooking. B. When I don't have anything in the fridge to make a meal. C. When I'm not at home to cook. The obvious answers of course. But I think some people tend to go out to eat much more than others. Do they just not k...
by DaftInvestor
Thu Apr 19, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 10881

Re: Quitting job - what to do if getting walked to the door

I'm not talking about what is legal. I'm referring to the reality of what will happen in certain companies under a "getting walked to the door" situation. Security certainly could be called. An Employee could contest it later, but "in the moment", it's going to be " The Employee vs. The Security Of...
by DaftInvestor
Wed Apr 18, 2018 4:01 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 10881

Re: Quitting job - what to do if getting walked to the door

Why bother giving two weeks notice? Pack your stuff bring it to your car, and come back in and say you quit. Giving two weeks is about not burning bridges and being respectful. This kinda goes out the window though when you're crossing the bridge to join a group of people who want the bridge to bur...
by DaftInvestor
Wed Apr 18, 2018 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 10881

Re: Quitting job - what to do if getting walked to the door

If they can release you with no notice, you are under no obligation to give them an advance notice. This is a pretty good percentage of Corporate America - "employment at will" is pretty much the norm. However, expectation of 2 weeks notice is also still the norm. If you are sure you will never ret...
by DaftInvestor
Wed Apr 18, 2018 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 10881

Re: Quitting job - what to do if getting walked to the door

In many years as a manager at a large technology company I have never walked anyone the same day nor have I seen anyone getting walked to the door the same day even if they went to a direct competitor (which is very common). So it very much depends on the company. I have also never understood what ...
by DaftInvestor
Wed Apr 18, 2018 2:58 pm
Forum: Personal Finance (Not Investing)
Topic: Got hit with a $2800 Medical bill. Can I negotiate?
Replies: 187
Views: 9378

Re: Got hit with a $2800 Medical bill. Can I negotiate?

If you can't afford to pay it in full I'd call and ask for a payment plan.
Also - going forward - make sure you have enough in your Emergency Fund to cover your yearly deductibles (these are usually spelled out in multiple places so shouldn't come as a surprise).
by DaftInvestor
Wed Apr 18, 2018 10:03 am
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 10881

Re: Quitting job - what to do if getting walked to the door

We have a policy at my company of walking people out the door if they are going to a direct competitor BUT we still pay them and provide them with their benefits for the two weeks as if they are still working for us. Or course you have the option not to disclose as well. That would be ideal in this...
by DaftInvestor
Wed Apr 18, 2018 9:45 am
Forum: Personal Finance (Not Investing)
Topic: Corporate Leveling
Replies: 22
Views: 2448

Re: Corporate Leveling

Anyone know about this? Or have experience? Apparently it’s pretty common with public mega corps. How do you handle getting a pay cut due to possible new job titles.... First, educate yourself: Many companies use the Radford levels for individual contributors (P1 through P5 or P1 through P6). Googl...
by DaftInvestor
Wed Apr 18, 2018 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Quitting job - what to do if getting walked to the door
Replies: 106
Views: 10881

Re: Quitting job - what to do if getting walked to the door

We have a policy at my company of walking people out the door if they are going to a direct competitor BUT we still pay them and provide them with their benefits for the two weeks as if they are still working for us.
Or course you have the option not to disclose as well.
by DaftInvestor
Tue Apr 17, 2018 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Corporate Leveling
Replies: 22
Views: 2448

Re: Corporate Leveling

Contrary to what a prior poster stated it may have nothing to do with the future viability of you company. There are a lot of new laws and proposed legislation in various states around pay equality. I don't know what state your company is HQ'd in but some companies in some of the mor progressive sta...
by DaftInvestor
Tue Apr 17, 2018 4:17 pm
Forum: Investing - Help with Personal Investments
Topic: Help with CD ladder strategy for emergency fund
Replies: 36
Views: 2402

Re: Help with CD ladder strategy for emergency fund

OP: In case you haven't considered an alternative - Another popular option discussed here would be to create your second emergency tier using an iBond. Buy a $10,000 iBond - you can cash (with 3 month interest penalty) after 1-year (no penalty after 5 years) - it will always stay on par with inflati...
by DaftInvestor
Tue Apr 17, 2018 4:13 pm
Forum: Investing - Help with Personal Investments
Topic: Expense ratios calculations
Replies: 9
Views: 323

Re: Expense ratios calculations

There might be a way of being more precise but I would just take your average account balance * the Expense Ratio.

E.g. - if you average Account Balance was $12,000 for your example of a 0.1% Expense Ratio you paid:
12000 * 0.001 = $12.
by DaftInvestor
Tue Apr 17, 2018 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Best cash back card right NOW.
Replies: 34
Views: 3746

Re: Best cash back card right NOW.

flamesabers wrote:
Tue Apr 17, 2018 3:36 pm
Citi's Double Cash Card (technically 1.99% cashback)
Not for me - I get the full 2% back.

My two cards: Citi Double Cashback for the 2% (rebate to your bank account when you pay your bill - this gives you 2%) and then the Amazon Prime Chase - 5% back for all Amazon purchases.
by DaftInvestor
Tue Apr 17, 2018 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Help with CD ladder strategy for emergency fund
Replies: 36
Views: 2402

Re: Help with CD ladder strategy for emergency fund

1-Year CD rate: 2.07%
High-Yield Savings (Marcus, etc.): 1.6%
Additional yield for your $10,000: $47.
Maybe skip a meal out ($47) and save yourself the trouble :)
by DaftInvestor
Tue Apr 17, 2018 12:16 pm
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 155
Views: 9462

Re: BH travel tips?

Do not wear attire that contains your company name/logo. Just curious. :confused Did something bad happen to you or an acquaintance that was caused by wearing a shirt with a company logo? Company bosses have received complaints about coworkers rowdy behavior while wearing company logo attire at loc...
by DaftInvestor
Tue Apr 17, 2018 11:58 am
Forum: Personal Consumer Issues
Topic: Please suggest a file folder type
Replies: 21
Views: 1151

Re: Please suggest a file folder type

If you don't like or trust on-line access why not just download and keep the all PDFs electronically? You can organize into sets of electronic folders and put them all on a single hard-drive (or in the cloud) that can be accessed from any computer/laptop/tablet. 15 years ago before I went completely...
by DaftInvestor
Tue Apr 17, 2018 10:54 am
Forum: Personal Consumer Issues
Topic: Yellowstone time needed
Replies: 22
Views: 2202

Re: Yellowstone time needed

You're much closer to Shenandoah (75 miles) and you can use your own vehicle if you want to car camp or rent an RV. I think you need at least 5 days (preferably 7) for Yellowstone factoring in travel. Or if you've already been to Shenandoah look at something that is at least on the East Coast and s...
by DaftInvestor
Tue Apr 17, 2018 10:41 am
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 155
Views: 9462

Re: BH travel tips?

RollTide31457 wrote:
Tue Apr 17, 2018 10:30 am
Do not wear attire that contains your company name/logo.
I've talked to people in sales that have done this leading to additional dollars in their pocket due to sales that started from conversations they've had on the airplane.
I guess it depends on your habits/concerns.
by DaftInvestor
Tue Apr 17, 2018 10:38 am
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 155
Views: 9462

Re: BH travel tips?

I would love to travel with no check in baggage. But how? There is the whole liquids thing issue - so I end up checking one bag that I could do without. I can see using substitute bottles for a weekend, but what about longer trips when you're going to places that are unlikely to have some of the pr...
by DaftInvestor
Tue Apr 17, 2018 10:14 am
Forum: Personal Consumer Issues
Topic: Allegiant Airlines...Anyone watch CBS 60 Minutes?
Replies: 55
Views: 5644

Re: Allegiant Airlines...Anyone watch CBS 60 Minutes?

I no longer trust 60 minutes, I haven't watched them in years and refuse to in the future. After the fiasco of "fake but accurate" memos and all the hubbub around Dan Rather, I do not trust them or anything they say. I also won't watch NBC news magazines (Dateline NBC) after the GMC Pick-Up fiasco ...
by DaftInvestor
Tue Apr 17, 2018 9:50 am
Forum: Personal Consumer Issues
Topic: Termination of transfers from SPG and Marriott to airlines?
Replies: 92
Views: 4404

Re: Termination of transfers from SPG and Marriott to airlines?

How easy is it to make use of the free night offer for the MR card currently ? Are there lots of blackout periods in the top properties ? The free night for the old Marriott Visa was restricted to cat 1-5 properties, so not usable what most people consider top properties. I got sufficient value out...
by DaftInvestor
Tue Apr 17, 2018 9:43 am
Forum: Personal Consumer Issues
Topic: Termination of transfers from SPG and Marriott to airlines?
Replies: 92
Views: 4404

Re: Termination of transfers from SPG and Marriott to airlines?

That’s why I just got more certs using M points and flights packages. Great value and even better when I compare the Marriott property to Starwood. Am thinking of getting even more certs and then figure out what to do with them. What are you saying? You are converting Marriott points to Marriott Ce...
by DaftInvestor
Tue Apr 17, 2018 9:11 am
Forum: Personal Consumer Issues
Topic: Termination of transfers from SPG and Marriott to airlines?
Replies: 92
Views: 4404

Re: Termination of transfers from SPG and Marriott to airlines?

Looks like Marriott might be redefining all the reward tiers - upping the numbers - and adding "seasonal" point spending. Very disappointing.... I am not sure what the new tiers might mean? Currently, for example, Marriott NYC Marquis is a category 9 hotel which requires 45,000 points per night to s...
by DaftInvestor
Mon Apr 16, 2018 7:55 pm
Forum: Personal Finance (Not Investing)
Topic: For those that re-invest dividends automatically...
Replies: 15
Views: 2297

Re: For those that re-invest dividends automatically...

Percent of wages - dividends I count as my investments compounding.
But if you are able to do 25% that's awesome so if you want to add the dividends in as income and then consider them credit towards a 25% investment goal I certainly wouldn't fault you for it.
by DaftInvestor
Mon Apr 16, 2018 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Should we save for our son's college?
Replies: 96
Views: 8099

Re: Should we save for our son's college?

Regardless of what individuals believe - Here in the US - the government kind of assumes the parents, if they can afford to do so, will be helping out. They do? According to whom? Who is "the government"? According to US government policy on student financial aid. If a student's parents can afford ...
by DaftInvestor
Mon Apr 16, 2018 10:26 am
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 155
Views: 9462

Re: BH travel tips?

I would love to travel with no check in baggage. But how? There is the whole liquids thing issue - so I end up checking one bag that I could do without. I can see using substitute bottles for a weekend, but what about longer trips when you're going to places that are unlikely to have some of the pr...
by DaftInvestor
Mon Apr 16, 2018 8:38 am
Forum: Personal Consumer Issues
Topic: BH travel tips?
Replies: 155
Views: 9462

Re: BH travel tips?

As someone who traveled 2 to 3 times a month on business for several years and never checked a bag - but recently went on a European vacation with a spouse who was going to check a bag, I decided to check one as well - I understand both sides of this debate. If you are taking multiple flights and tr...
by DaftInvestor
Sat Apr 14, 2018 4:02 pm
Forum: Personal Finance (Not Investing)
Topic: Should we save for our son's college?
Replies: 96
Views: 8099

Re: Should we save for our son's college?

Regardless of what individuals believe - Here in the US - the government kind of assumes the parents, if they can afford to do so, will be helping out. They do? According to whom? Who is "the government"? According to US government policy on student financial aid. If a student's parents can afford ...