Search found 127 matches

by forkhorn
Sun May 20, 2018 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Comparing ways to protect ones financial identity
Replies: 11
Views: 1274

Re: Comparing ways to protect ones financial identity

Also, my security questions are random nonsense. There is no way I want someone to be able to pretend to be me just because they know my mother's maiden name etc. That may not be great advice for the average person. If you ever don't remember your password and lose your security answers, it can be ...
by forkhorn
Sun May 20, 2018 5:44 pm
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 140
Views: 8705

Re: Is there a boglehead muscle car?

No. A Boglehead would instead buy into some kind of car-sharing cooperative, where you could own a little piece of all the cars at reasonably low cost. Obviously the muscle-car variant would be a "sector" coop.
by forkhorn
Sun May 20, 2018 5:23 pm
Forum: Personal Finance (Not Investing)
Topic: Comparing ways to protect ones financial identity
Replies: 11
Views: 1274

Re: Comparing ways to protect ones financial identity

2FA on everything (mostly SMS based unfortunately). I have an email account that is used for nothing but financial accounts. I do not use it for anything else, and I have never even sent email between my regular account and that one. The account is such that even if somehow someone knew the beginnin...
by forkhorn
Wed Feb 21, 2018 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Employee Stock Purchase Plan - is this even valuable/worth it?
Replies: 34
Views: 2623

Re: Employee Stock Purchase Plan - is this even valuable/worth it?

In my wife's, the value of the discount amount is reported to the IRS as earned income, making the discount worth about 30% less for us. Between the small discount, the fact it is treated as earned income, the hit on the other end of the gain being short term, the hassle with selling it every quart...
by forkhorn
Wed Feb 21, 2018 9:47 pm
Forum: Investing - Help with Personal Investments
Topic: Employee Stock Purchase Plan - is this even valuable/worth it?
Replies: 34
Views: 2623

Re: Employee Stock Purchase Plan - is this even valuable/worth it?

In my wife's, the value of the discount amount is reported to the IRS as earned income, making the discount worth about 30% less for us. Between the small discount, the fact it is treated as earned income, the hit on the other end of the gain being short term, the hassle with selling it every quarte...
by forkhorn
Tue Nov 14, 2017 9:59 pm
Forum: Personal Finance (Not Investing)
Topic: Poll-How much do you have in your HSA?
Replies: 50
Views: 5876

Re: Poll-How much do you have in your HSA?

About $50-55k. Maybe $40-45k invested and $10k cash. I think I opened it way back in 06 or 07 as an individual account, then it's been family account since maybe 2011. I've always maxed it, or come very close. When single, I pulled almost nothing out of it. Now we use a lot more medical care and I p...
by forkhorn
Mon Nov 13, 2017 10:54 pm
Forum: Investing - Theory, News & General
Topic: The Personal Black Swan
Replies: 46
Views: 6590

Re: The Personal Black Swan

But at the end of the day, we cannot completely protect ourselves, and our money is at risk of catastrophic loss. The OP seems mostly concerned with fraud/theft. Subsequent posts expanded it to various forms of apocalypse. If fraud/theft is the big concern, I think about all you can really do is co...
by forkhorn
Sat Nov 04, 2017 10:06 pm
Forum: Investing - Help with Personal Investments
Topic: Preparing For "Early Retirement" In A Couple of Years
Replies: 77
Views: 8867

Re: Preparing For "Early Retirement" In A Couple of Years

she now wants us both to quit our jobs and travel the world (or something of the sort) A million at 30, then quit and travel the world with a family of four... That not what I would call lean living, or anything close to it. There might be a blogger or two managing to make it work, or at least pret...
by forkhorn
Sun Oct 22, 2017 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: I want to (semi) retire at 42, in 2 years. Can I?
Replies: 28
Views: 4238

Re: I want to (semi) retire at 42, in 2 years. Can I?

I'll come out and say that I think you're golden as long as: your estimate of your expenses is accurate (including, crucially, healthcare) your income and stock vesting works out as you expect for two more years you can diversify most of your single-stock exposure without paying so much in taxes tha...
by forkhorn
Thu Oct 19, 2017 7:27 pm
Forum: Personal Consumer Issues
Topic: idiot proof router?
Replies: 53
Views: 5180

Re: idiot proof router?

This Bosch one is a pretty good all around router https://www.boschtools.com/us/en/boschtools-ocs/combo-pack-routers-1617evspk-27718-p/ I hadnt seen a wireless router before, but here is one from makita that is probably pretty nice. http://www.homedepot.com/p/Makita-5-0-Ah-18-Volt-LXT-Lithium-Ion-B...
by forkhorn
Tue Oct 17, 2017 8:13 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to make some dollars on a 10 day vacation?
Replies: 57
Views: 6190

Re: Best way to make some dollars on a 10 day vacation?

Why not do something you would otherwise pay someone to do? Paint your house, change your water heater, trim your trees, replace the brakes on your car, smoke some meat rather than buying barbeque, etc. Anything you would normally pay someone else to do?
by forkhorn
Thu Oct 12, 2017 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: How young is too young to retire.
Replies: 55
Views: 9498

Re: How young is too young to retire.

I would stop thinking of your goal as early retirement, but instead frame it as achieving financial independence (FI). That might make more sense and sound more appealing to you and particularly your wife. FI means that, yes, you have enough money to retire, but retirement is just one of many optio...
by forkhorn
Thu Oct 12, 2017 9:48 pm
Forum: Investing - Help with Personal Investments
Topic: Anesthesiologist Advise [how to save money]
Replies: 45
Views: 6651

Re: Anesthesiologist Advise [how to save money]

And here I expected a thread on how to save money on anesthesia services! :oops:
by forkhorn
Tue Oct 10, 2017 9:58 pm
Forum: Personal Finance (Not Investing)
Topic: 2 Comma Club and Other Goals Reached!
Replies: 19
Views: 4315

Re: 2 Comma Club and Other Goals Reached!

Congratulations. At the rate you went from six to seven figures, this milestone will be in the rearview mirror before you know it, even if you do go back and forth over it a few times.
by forkhorn
Sun Oct 08, 2017 9:16 pm
Forum: Personal Consumer Issues
Topic: what if I forget my security questions?
Replies: 19
Views: 1768

Re: what if I forget my security questions?

I've forgotten my security questions, so I call them up and they reset everything for me. It is really that easy. Then they send a letter to my address and tell me that they had someone call them up. I didn't try to change my address or anything, so I guess that's why they complied. Hmmm. That is s...
by forkhorn
Sun Oct 08, 2017 9:13 pm
Forum: Personal Consumer Issues
Topic: what if I forget my security questions?
Replies: 19
Views: 1768

Re: what if I forget my security questions?

You would benefit from buying an encrypted password vault that runs across your multiple devices (PC, iPhone, etc). You can then record your answers for each account because you WILL forget the answers if they aren't real. I use one called mSecure and it creates highly complex passwords that I coul...
by forkhorn
Fri Oct 06, 2017 9:53 pm
Forum: Personal Consumer Issues
Topic: what if I forget my security questions?
Replies: 19
Views: 1768

Re: what if I forget my security questions?

I've forgotten my security questions, so I call them up and they reset everything for me. It is really that easy. Then they send a letter to my address and tell me that they had someone call them up. I didn't try to change my address or anything, so I guess that's why they complied. Hmmm. That is s...
by forkhorn
Fri Oct 06, 2017 9:50 pm
Forum: Personal Consumer Issues
Topic: what if I forget my security questions?
Replies: 19
Views: 1768

Re: what if I forget my security questions?

You would benefit from buying an encrypted password vault that runs across your multiple devices (PC, iPhone, etc). You can then record your answers for each account because you WILL forget the answers if they aren't real. I use one called mSecure and it creates highly complex passwords that I coul...
by forkhorn
Fri Oct 06, 2017 8:50 pm
Forum: Personal Consumer Issues
Topic: what if I forget my security questions?
Replies: 19
Views: 1768

what if I forget my security questions?

I'm nervous about the equifax breach (and similar ones). I don't care so much about someone taking out a loan in my name. That would be a hassle, but I'd come out ok. What I really really care about is someone taking over my investment accounts by claiming to be me and knowing all my personal info. ...
by forkhorn
Wed Oct 04, 2017 8:06 pm
Forum: Investing - Help with Personal Investments
Topic: Health Savings Account recommendation
Replies: 22
Views: 3515

Re: Health Savings Account recommendation

I'll second HSA Bank/TD Ameritrade. Been using them for maybe ten years; no issues, but not much in the way needs either. I do reimburse myself at the end of each year. Other than being limited to $500 per transfer, no complaints. We used to use the debit card, which was super easy, but for the past...
by forkhorn
Sat Sep 30, 2017 10:01 pm
Forum: Personal Consumer Issues
Topic: What will happen if I refuse to pay a medical bill?
Replies: 125
Views: 9617

Re: What will happen if I refuse to pay a medical bill?

I have an uncle who I recently found routinely just doesn't pay medical bills that he feels are too high. He has no need for credit, and apparently none of the bills are ever high enough for him to be sued. So he just ignores the collections calls and doesn't seem to lose any sleep whatsoever. So I'...
by forkhorn
Fri Sep 15, 2017 9:40 pm
Forum: Personal Consumer Issues
Topic: Account security - Hackers gain access to mobile and then break havoc
Replies: 159
Views: 15286

Re: Account security - Hackers gain access to mobile and then break havoc

Set up a special email account solely for use with financial accounts. Never access that email account from your phone, and never give that email address out to any person or company other than your bank, credit card companies, etc. I actually only access my financial email account using an Interne...
by forkhorn
Fri Sep 15, 2017 9:36 pm
Forum: Personal Consumer Issues
Topic: Account security - Hackers gain access to mobile and then break havoc
Replies: 159
Views: 15286

Re: Account security - Hackers gain access to mobile and then break havoc

Would creating a new email address that is not posted anywhere or used for anything but financial accounts work to thwart this threat? Of course it would be with a different service than the normal email address so it would not be linked in any way. That seems reasonably easy to do.
by forkhorn
Wed Sep 13, 2017 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: Milestone Reached - "Quarter Millionaire!"
Replies: 41
Views: 5744

Re: Milestone Reached - "Quarter Millionaire!"

I thought maybe you had amassed a million dollars in quarters.... :happy

Seriously though, congratulations. :sharebeer
by forkhorn
Tue Aug 29, 2017 10:08 pm
Forum: Investing - Help with Personal Investments
Topic: 33 years old, how am I doing ?
Replies: 54
Views: 9406

Re: 33 years old, how am I doing ?

Um, yeah, you are doing ok financially.... Drop the REITs, move into tax exempt funds, or don't- I think you'll be more than ok either way. Unless you make some changes (dropping income and increasing expenses A LOT) the only effect is how many millions you will eventually have to give away. I'm rea...
by forkhorn
Fri Aug 11, 2017 9:49 pm
Forum: Investing - Theory, News & General
Topic: The Mathematics of Retirement Investing
Replies: 127
Views: 19895

Re: The Mathematics of Retirement Investing

Why is 10.1% nominal and 3% inflation equal to 6.9% real? Isn't that 7.1% real? Is it more complex than subtracting inflation from nominal? Maybe I have had too much wine?
by forkhorn
Fri Aug 11, 2017 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: Gameplan to 100k
Replies: 12
Views: 1876

Re: Gameplan to 100k

Depending on your level of risk tolerance, which only you can answer, and goes to the previous poster's question, use either a diversified US stock index fund, a world index stock index fund, or a balanced fund, such as the vanguard lifecycle funds. Unless you are saving for something in the next co...
by forkhorn
Tue Aug 01, 2017 9:43 pm
Forum: Investing - Help with Personal Investments
Topic: 403(B) 0.77 admin expense no matching
Replies: 8
Views: 762

Re: 403(B) 0.77 admin expense no matching

Just roll the old 401k to vanguard, fidelity, schwab, etc. At your age you likely can start to see fairly well into your retirement future. Assuming you can fairly accurately predict what your income and tax rates (assuming they stay unchanged) will be after retirement vs what they are now, I would ...
by forkhorn
Tue Aug 01, 2017 9:33 pm
Forum: Investing - Help with Personal Investments
Topic: HSA or No?
Replies: 3
Views: 559

Re: HSA or No?

3. If I move onto her plan, OR if she moves onto mine, both premiums are $0.00 (yup completely free!) This is pretty weird to me, but ok. I don't consider myself an insurance expert, but here goes: Given that either of you can get the family plan for no cost, you know you're going to have high expe...
by forkhorn
Tue Jul 11, 2017 11:25 pm
Forum: Personal Consumer Issues
Topic: Healthy smoothie ideas
Replies: 18
Views: 1909

Re: Healthy smoothie ideas

1 banana Handful of frozen blueberries Chunk of ginger about the size of you last thumb digit, maybe less if you have really big hands Pack the blender jar about 2/3 full with kale or spinach or collards or whatever. For newbies, spinach has the more neutral flavor and you'll probably like it more. ...
by forkhorn
Sun Jul 02, 2017 12:37 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 18980

Re: Bogleheads: you should be buying 10-year old cars

That graphic and conclusion are ridiculous. It pretends that those data are precise, rather than huge ranges depending on all kinds of factors. Does buying a 10 year old car, selling at 15 years, and then repeating generally save money over buying a new car every five years? Undoubtedly it almost al...
by forkhorn
Tue Jun 20, 2017 9:05 pm
Forum: Personal Finance (Not Investing)
Topic: Tracking towards a million and retiring at 55.
Replies: 38
Views: 6860

Re: Tracking towards a million and retiring at 55.

FERS pension of $55k/year at age 55 means you are an extraordinarily highly paid federal employee. However, you say your current nominal pay is $124k/year, which means you are well paid (GS14-ish?), but not nearly *that* highly paid. How do you get to $55k/year pension?
by forkhorn
Sat Jun 17, 2017 8:33 pm
Forum: Personal Consumer Issues
Topic: 100k Service - 2010 Camry & Corolla - All Maintenance Deferred
Replies: 17
Views: 2799

Re: 100k Service - 2010 Camry & Corolla - All Maintenance Deferred

As others have said, I would do what you said, plus replace the serpentine belt, battery (amazing if still original), and tires (if original). Unless they are all highway miles, you will probably at least need new front brake pads.
by forkhorn
Sat Jun 17, 2017 8:23 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 103
Views: 19571

Re: Ally Bank No penalty CD for parking cash, is there a catch?

This post inspired me to open the no penalty CD today. I keep my main cash emergency fund with Ally anyway, and had just never looked into the CDs. So I moved a chunk of it into the 1.35% no penalty CD. It seems like there is just no downside. If interest rates climb, I just close the account. Thanks.
by forkhorn
Fri Jun 16, 2017 8:35 pm
Forum: Investing - Theory, News & General
Topic: Anyone else gotten totally bored with investing?
Replies: 127
Views: 18108

Re: Anyone else gotten totally bored with investing?

Kind of. I enjoy occasionally checking account balances and shaking my head in wonderment at the magnitude of daily value swings (positive and negative). It's kind of mind bogling....

:happy

Does it still count as a pun if both the spelling and the pronunciation don't quite match?
by forkhorn
Wed Jun 14, 2017 8:33 pm
Forum: Personal Consumer Issues
Topic: Getting a Florida Sunpass
Replies: 14
Views: 2066

Re: Getting a Florida Sunpass

Yes, get one that you can move from car to car. In many cases near where I live, the toll is $1-2 less with sunpass than with cash, and $4 (!!!!) cheaper than bill-by-plate. ($4 service charge on $2 toll.) Plus, you don't have to wait in as many lines. Plus, sunpass is now interchangeable with sever...
by forkhorn
Thu Jun 08, 2017 10:47 pm
Forum: Investing - Theory, News & General
Topic: Does anyone feel they missed out on AMZN, NFLX,TSLA?
Replies: 113
Views: 13219

Re: Does anyone feel they missed out on AMZN, NFLX,TSLA?

A little. But back before I only bought index funds, I dabbled in individual stocks. Some went up, and so I felt like a deserving genius, and some went down, and so I felt unlucky. I'm pretty sure that is a classic cognitive bias of some sort. Anyway, one of the ones I bought maybe 10-15 years ago w...
by forkhorn
Wed Jun 07, 2017 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: 529 plan for newborn child - shift allocation over time?
Replies: 7
Views: 919

Re: 529 plan for newborn child - shift allocation over time?

We use the Utah one and don't use age based. Ours is a static allocation. They do seem to nudge you toward age based and advertise it more, and the fees are slightly lower if I recall correctly. But, you can do static allocations and the fees aren't bad. I think they even have a few DFA funds. (I do...
by forkhorn
Fri Apr 14, 2017 8:41 pm
Forum: Personal Finance (Not Investing)
Topic: Age when you started to max out your retirement accounts?
Replies: 177
Views: 31404

Re: Age when you started to max out your retirement accounts?

Maxing out Roth since I was 19 and started co-oping (like an internship) in undergrad. Maxed out 401k for a few years in the early 2000s, but not since then. Partly it's because I'm planning to move from a no-income-tax-state to an income-tax-state, and so I think my tax rate will rise. Partly it's ...
by forkhorn
Mon Apr 03, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Value of your social security tax contributions "account"
Replies: 15
Views: 2217

Re: Value of your social security tax contributions "account"

I'm also interested to see what you find. I'd encourage you to run it for several scenarios though- for instance, run it for three cases: someone at the first bend point, second bend point, and cutoff income. I think that the value, if it is evaluated solely as an investment account, for someone abo...
by forkhorn
Mon Apr 03, 2017 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Switching Jobs for less...Has anyone done this....
Replies: 46
Views: 4522

Re: Switching Jobs for less...Has anyone done this....

I'm seriously considering taking a >50% pay cut to teach high school at the ripe old age of 40. Partially because I think I'd like it, partially because I want to have off when my kids are out of school, and partially because it simplifies after-school care. It's still enough money for how we live, ...
by forkhorn
Mon Apr 03, 2017 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Got my second comma -- what is this anticlimactic feeling?
Replies: 55
Views: 8219

Re: Got my second comma -- what is this anticlimactic feeling?

All these three comma comedians. It does make me wonder though- how far do you have to go back so that a million then was "like" a billion is now? I wouldn't use the price indexes, I don't think we've had that much inflation since recorded history. But if there are a few hundred billionaire families...
by forkhorn
Wed Mar 08, 2017 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: FI, early retirement at 40, how to get relevant tax advice?
Replies: 46
Views: 6588

Re: FI, early retirement at 40, how to get relevant tax advice?

fingineer wrote:... which gives us time to actually figure out what we want to do in the mean time.
You might be ok financially, but I think you should figure this out before proceeding, since it doesn't sound like you are currently miserable.
by forkhorn
Tue Feb 28, 2017 9:54 pm
Forum: Investing - Help with Personal Investments
Topic: saving for european vacay in 2055
Replies: 31
Views: 3767

Re: saving for european vacay in 2055

Very much appreciated advice! and some good chuckles . . . I love the idea of moving the vacay up to 5 years from now contributing 2gs per year so that we can take the vacay when we still have our health. . . . If you were gonna put 2gs per year to cash out in 5-10 years for the vacay how would you...
by forkhorn
Sun Feb 19, 2017 9:49 pm
Forum: Investing - Theory, News & General
Topic: Betterment White Paper major error? Check my math..
Replies: 32
Views: 4134

Re: Betterment White Paper major error? Check my math..

... The white paper, on the other hand, is addressed to a secondary question: assuming we have certain amounts spread over various tax deferred and taxable accounts, what's the best way to allocate the assets among them? ... I think Betterment is right, for the reason tchoupitoulas gives above. For...
by forkhorn
Fri Feb 17, 2017 4:39 pm
Forum: Personal Finance (Not Investing)
Topic: don't know when acquired shares- how to report?
Replies: 3
Views: 475

Re: don't know when acquired shares- how to report?

Responding to my own post. Upon searching the forum after I posted (is that not the order we are supposed to do these things in?), I'll just do my best. I'm going to pick a day in the middle of the year (to satisfy the software's requirement for a specific day) on which the price was near the averag...
by forkhorn
Fri Feb 17, 2017 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: don't know when acquired shares- how to report?
Replies: 3
Views: 475

don't know when acquired shares- how to report?

I inherited some stock which was in a trust when I was a kid. The trust was dissolved back in 2002. From what I understand it was a "taxable event", and so my basis is the value of the shares when the trust was dissolved. All I know is that it was "in 2002". I sold the stock this year. Unfortunately...
by forkhorn
Mon Jan 09, 2017 10:24 pm
Forum: Investing - Help with Personal Investments
Topic: When is it worth to Tax Gain Harvest
Replies: 6
Views: 704

Re: When is it worth to Tax Gain Harvest

Maybe if you are about to have your tax rate jump up? For instance, leaving a no-tax state to take a long term job in a high-tax state?
by forkhorn
Fri Jan 06, 2017 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank - Is this a safe/best place to stash some cash?
Replies: 108
Views: 30293

Re: Ally Bank - Is this a safe/best place to stash some cash?

Thank you everyone for your positive comments of Ally. Anyone out there have issues with Ally? ...... I use Ally as our emergency fund bank, and like them. However, I have had nothing but issues with setting up two-factor authentication with them. It has been a while, and I don't recall the details...
by forkhorn
Fri Jan 06, 2017 10:06 pm
Forum: Personal Consumer Issues
Topic: HDHP health plans better deal than expected?
Replies: 10
Views: 1715

Re: HDHP health plans better deal than expected?

Jags4186 wrote:The first rule of fight club is don't talk about fight club.
Haha! :sharebeer You may be right.

Seriously though, if I thought little 'ole me, posting on bogleheads (which is the only place I can really share my finances), could shift health policy.... oh the posts I would make! Ha!