Search found 43 matches

by jimmy123
Mon Jul 30, 2018 9:02 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard 529 Plan or PA 529 or other?
Replies: 24
Views: 5504

Re: Vanguard 529 Plan or PA 529 or other?

Resurrecting this thread.... There seems to have been some cost decreases in the PA plan. The aggressive growth portfolio (60:40 domestic:international VG funds) costs a total of 0.24%. (https://www.pa529.com/pdf/ip/IP-Disclosure-Statement.pdf) The most comparable fees in NY and UT are 0.15% and 0.1...
by jimmy123
Sun Feb 04, 2018 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: Best rule of thumb for determining home affordability?
Replies: 54
Views: 3330

Re: Best rule of thumb for determining home affordability?

After 15/30/years of mortgage as a homeowner you're left with maintenance/repairs and property taxes. Plus you have a significant asset that is hopefully appreciated in value and you can either borrow against or leave to an heir. If you commit to renting you will be paying rent until, literally, the...
by jimmy123
Sat Feb 03, 2018 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: How to Minimize Your Emergency Care Expenses
Replies: 272
Views: 53634

Re: How to Minimize Your Emergency Care Expenses

"What would you do if it was your wife or child?"
First and best question to ask in my experience.
by jimmy123
Fri Feb 02, 2018 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Car Lease -- High Residual Value -- what am I missing?
Replies: 49
Views: 5471

Re: Car Lease -- High Residual Value -- what am I missing?

This is definitely just a weekend car and an occasional road trip to visit family about 200 miles away
any reason not to rent a high end luxury car every weekend?

I am guessing you will get a big bill for wear and tear items when you go and turn in the Maserati
by jimmy123
Wed Jan 31, 2018 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Buy a house? But there's a student loan elephant in the room
Replies: 65
Views: 6760

Re: Buy a house? But there's a student loan elephant in the room

DW has not yet refinanced because she was planning on applying for Public Service Loan Forgiveness after 10 years of qualified payments, but just found at that her current job (which she loves and does not want to leave) does not qualify. $112k income and >300k debt does not work - no matter how no...
by jimmy123
Wed Jan 24, 2018 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Looking for a real estate attorney in SE PA
Replies: 0
Views: 131

Looking for a real estate attorney in SE PA

would anybody be able to PM details of a trusted residential real estate attorney in Philly suburbs (Delaware county ideally) specific areas of expertise would be 1) Failure to disclose material facts in a sellers disclosure / Home Inspection failure to identify obvious problems 2) Property tax asse...
by jimmy123
Fri Dec 29, 2017 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Question about HSA Contribution
Replies: 5
Views: 453

Re: Question about HSA Contribution

Thanks all. You should be good to go as long as you both were covered by the HSA for the full month of December this year (Dec 1 - Dec 31). Here's a summary from New Direction IRA. Yes - insured every day in December. The way I read this is if you want to contribute for this year you have to keep th...
by jimmy123
Fri Dec 29, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Question about HSA Contribution
Replies: 5
Views: 453

Question about HSA Contribution

Facts: I started a new job this month and relocated. Spouse quit her job and lost her ***non** high deductible plan i.e. traditional low co-pay insurance, which I used a secondary insurance. New job offers only a HDHP which now covers entire family, and includes the HSA. It is, for the remainder of ...
by jimmy123
Sun Nov 12, 2017 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Draft a will with legalzoom or other online legal help
Replies: 104
Views: 10468

Re: Draft a will with legalzoom or other online legal help

But not sure how much those attorney usually charge? So ask a few. It's a rare attorney that doesn't want new clients and those that don't will quickly tell you. I paid $800 for will, trust, financial PoA, healthcare PoA, etc. This was at a fairly large local law firm with commercial clients, so pr...
by jimmy123
Mon Oct 23, 2017 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: negotiating a home purchase (price reduction v work done by seller)
Replies: 9
Views: 1233

Re: negotiating a home purchase (price reduction v work done by seller)

This is great advice above! I think I will work on getting price of house down (smaller mortgage = better cashflow). I think the seller may not be in a position to do any $$ work, so that will help me negotiation. I will also see if they can throw some money towards my closing costs from their equit...
by jimmy123
Mon Oct 23, 2017 7:54 pm
Forum: Personal Finance (Not Investing)
Topic: negotiating a home purchase (price reduction v work done by seller)
Replies: 9
Views: 1233

negotiating a home purchase (price reduction v work done by seller)

Situation is this: In the late stages of negotiation a house purchase and moving from a relatively LCOL state to a relatively HCOL state. Will be putting 20% down on a 30 year note (could probably do the 15 year, but interest rate spread on 15 and 30 notes is small enough that I am willing to pay a ...
by jimmy123
Sat Apr 22, 2017 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Should some professions tell people how much they make?
Replies: 39
Views: 6304

Re: Should some professions tell people how much they make?

I have graduated from top universities in California and won many prestigious scholarships (totaling over $120k a piece, including 2 full-ride scholarships). Degree(s) from well known universities are relevant. The fact that you got a scholarship there is irrelevant - unless it is some particularly...
by jimmy123
Fri Apr 21, 2017 9:38 pm
Forum: Personal Consumer Issues
Topic: Car Choices
Replies: 45
Views: 4876

Re: Car Choices

It's a 2013 Ford Focus, that has a coolant leak smell. It's been back to the dealer (2 different one's) coolant as in a/c refrigerant or coolant as in engine antifreeze? Leaks in either of these seem easy to diagnose. dumb question, but have your replaced the cabin air filter? $20 part, 10 minutes ...
by jimmy123
Sun Apr 09, 2017 1:33 pm
Forum: Personal Consumer Issues
Topic: BH thoughts on car insurance
Replies: 32
Views: 3103

Re: BH thoughts on car insurance

Get a quote from eSurance (an Allsate subsidiary I think). $72/mo for a 5year old compact and 4 year old crossover SUV with two drivers with no adverse history. That's with a $500 deductible and the available maximums on collision, liability, UIM, tow and rental car during repairs etc. Never had a c...
by jimmy123
Tue Mar 28, 2017 9:36 pm
Forum: Personal Consumer Issues
Topic: $50 AMEX Gift Card - What does a Boglehead/minimalist do?
Replies: 29
Views: 3006

Re: $50 AMEX Gift Card - What does a Boglehead/minimalist do?

always a non-zero risk that AMEX goes bust and you are left with pennies on the dollar.

if 'stuff' is not needed then I am guessing many charities will allow for online donations through Amex.
by jimmy123
Tue Mar 21, 2017 8:55 pm
Forum: Personal Consumer Issues
Topic: Do I need new tires?
Replies: 51
Views: 4932

Re: Do I need new tires?

consider your future buyers perspective:

This guy/gal runs his tires down to 2/32. What other routine maintenance does he/she skimp on?

This guy/gal just put a brand new set of Goodyear/Michelin/Bridgetones on. He/she takes good care of his cars.
by jimmy123
Sun Mar 05, 2017 7:32 pm
Forum: Personal Finance (Not Investing)
Topic: Net worth milestone reached: $100,000!
Replies: 53
Views: 5923

Re: Net worth milestone reached: $100,000!

congratulations - especially on parenthood.

of course, now you are a parent, with a net worth to protect you do have decent term life policies in place, right?
by jimmy123
Sun Feb 26, 2017 6:40 pm
Forum: Investing - Help with Personal Investments
Topic: risk of my Tesla deposit
Replies: 147
Views: 14441

Re: risk of my Tesla deposit

irrespective of the legal and contractual position of deposit holders I imagine if Tesla goes BK whoever buys the remaining assets (Ford, GM, Google, Apple?) will not want to destroy the goodwill value by screwing over deposit holders(read brand loyalists / early adopters) for a few million at most.
by jimmy123
Sat Feb 25, 2017 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: 10 yr. term life policy for soon to be 57 yr old.
Replies: 8
Views: 1448

Re: 10 yr. term life policy for soon to be 57 yr old.

term4sale.com

assuming you are man in excellent health, non-smoker you can get a 10 year 450k policy for $75/mo.
by jimmy123
Thu Feb 23, 2017 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: Would I have legal standing? Severence
Replies: 12
Views: 2400

Re: Would I have legal standing? Severence

Every severance policy i have ever seen has been totally at companies discretion.

I assume I am getting $0 and plan accordingly.
by jimmy123
Wed Feb 22, 2017 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: Retirement savings: Lots of $, job prospects weak
Replies: 36
Views: 5199

Re: Retirement savings: Lots of $, job prospects weak

Put enough money for a modest house in a multi year CD ladder. Then pay cash for your future house. Pay cash for college / living expenses during college. Look into whether you can put the cash in a 529 then pay out of that to save some state tax, should that be viable) Put rest in the Vanguard targ...
by jimmy123
Thu Jul 14, 2016 10:51 pm
Forum: Personal Consumer Issues
Topic: Need help with infant fare issue with airline
Replies: 18
Views: 1934

Re: Need help with infant fare issue with airline

) I clearly indicated that my travel party includes 2 adults and 1 infant and provided their names and birthdates. I paid the quoted amount in full. Is it fair for the airline to charge anything additional when the travelers arrive at the airport? If there is/was glitch in the system, shouldn’t the...
by jimmy123
Sat Jul 04, 2015 3:17 pm
Forum: Personal Consumer Issues
Topic: London Edinburgh by car
Replies: 26
Views: 2456

Re: London Edinburgh by car

If you are staying in central London the traffic is horrendous trying to get onto the M1 (the main highway North). Plus there is a ~$15/day congestion charge within central London. The drive is not especially great (i.e. scenic), and traffic can be very heavy. Speed limit is 70 most of the way, but ...
by jimmy123
Mon Apr 13, 2015 8:57 pm
Forum: Personal Finance (Not Investing)
Topic: Ethnobotany as career choice
Replies: 40
Views: 7209

Re: Ethnobotany as career choice

Do careers related to botany and biology require advanced degrees? If so, how important is the selection of the undergraduate university? How important is university brand? Career progression beyond lab work seems to require a PhD, at least in physical science. There are many exceptions, but I beli...
by jimmy123
Sat Jan 10, 2015 10:28 am
Forum: Personal Finance (Not Investing)
Topic: negotiating relocation
Replies: 0
Views: 387

negotiating relocation

In the next six months to a year, there is a good possibility that I will be offered a promotion and change of role within the company I work for (large cap multinational) I am presently located in city X (and happy, nice house, good neighbourhood, decent CoL). The company HQ is in city Y (major cit...
by jimmy123
Mon Dec 15, 2014 8:36 pm
Forum: Personal Consumer Issues
Topic: Need help with men's exercise clothes please
Replies: 55
Views: 5930

Re: Need help with men's exercise clothes please

Cotton is bad.

TJ maxx is cheap, and can get 'brand' clothing there. I like Asics, Nike and Brooks to run in. But that's just me. $15 gets a good running shirt in TJ Maxx.

If you sweat a lot, then all clothing starts to smell. I treat running tops as disposable once the smell gets stuck.
by jimmy123
Wed Dec 10, 2014 10:41 pm
Forum: Personal Consumer Issues
Topic: Toddlers first flight
Replies: 30
Views: 3023

Re: Toddlers first flight

We don't want other passengers to hate our guts.
It's public transport, you can't pick who you fly with, so I would not worry about people hating your guts...
by jimmy123
Thu Dec 04, 2014 10:37 pm
Forum: Personal Consumer Issues
Topic: Newbie to using credit card points - family flight question
Replies: 10
Views: 1866

Re: Newbie to using credit card points - family flight quest

ut these are not airline FF miles for tickets. They are CapOne bookings which are same as cash. Indeed, the CapOne travel agent can book the for-pay tickets when you cash in your points and have everybody together if you like. i guess that's my point - as long as all travellers can be on the same r...
by jimmy123
Thu Dec 04, 2014 9:09 pm
Forum: Personal Consumer Issues
Topic: Newbie to using credit card points - family flight question
Replies: 10
Views: 1866

Re: Newbie to using credit card points - family flight quest

I would advise against any flight booking when all members of the party are not on the same booking code (PNR). e.g. do not book one flight for points/miles and pay $$ for the 2nd ticket if that will mean 2 discrete bookings being made. If flights go wrong, it just makes things more complex for the ...
by jimmy123
Sat Nov 22, 2014 7:26 pm
Forum: Personal Consumer Issues
Topic: Dog food - how cheap is too cheap?
Replies: 64
Views: 10707

Re: Dog food - how cheap is too cheap?

dog food fads track human food fads - high protein, gluten free, paleo etc, etc.

having said that my dog food is some expensive brand, $55 for a 25lb bag.
by jimmy123
Sun Nov 16, 2014 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: "Downgrading" to a Porsche
Replies: 39
Views: 8007

Re: "Downgrading" to a Porsche

buy a Mazda 3. (They still make the Mazda Speed version? It's quick, but looks discrete) Rent a Porsche (or whatever high end car you like) from http://exoticcars.enterprise.com/ if you start to think owning a Porsche makes sense, then buy a Porsche. But remember - when you buy a $10k Porsche, it si...
by jimmy123
Sat Nov 15, 2014 9:50 am
Forum: Personal Consumer Issues
Topic: Dealing with pressure for "social donations" at work
Replies: 181
Views: 21048

Re: Dealing with pressure for "social donations" at work

question - are these bonuses paid out as cash, or through payroll?

If employees are being handed envelopes of cash, are required taxes being paid by the company?
Does it appear on their W2?
I am not a lawyer, but the appearance management collusion in this might put you in a very tough spot.
by jimmy123
Sat Nov 15, 2014 9:43 am
Forum: Personal Consumer Issues
Topic: Dealing with pressure for "social donations" at work
Replies: 181
Views: 21048

Re: Dealing with pressure for "social donations" at work

I wonder how those receiving these odd "bonuses" feel. Do they know they are getting a bonus purely from the goodwill of their immediate supervisors? I would not like to receive a bonus in this manner. The bonus should be an additional reward for efforts during the year, ideally tied to personal per...
by jimmy123
Thu Nov 13, 2014 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Local bank without any checking account fees?
Replies: 31
Views: 4512

Re: Local bank without any checking account fees?

fidelity cash management account.

Fee free with no minimum balance, checking, mobile check deposits. FDIC insured, and some interest on the balance.

I use it as my sole checking account and have zero complaints.

Or a local Credit Union - my old one was superb.
by jimmy123
Mon Nov 03, 2014 8:55 pm
Forum: Personal Consumer Issues
Topic: $25K Budget for a Fun Car
Replies: 64
Views: 9578

Re: $25K Budget for a Fun Car

Miata was the most fun car I've ever had.

It's a true sports car. Much more fun to drive than a Mustang.

Totally useless for carrying any luggage, and rear wheel drive so not much fun in snow.

Believe MSRP is <$30k, so imagine you could get on <3 years old for $25k.
by jimmy123
Mon Nov 03, 2014 8:51 pm
Forum: Personal Consumer Issues
Topic: 2015 Suburu Outback
Replies: 52
Views: 8557

Re: 2015 Suburu Outback

IIRC Subarus need to run on premium.

Base spec is pretty bare bones - but fewer toys to break I guess.

ground clearance is better than many small SUVs

From what I've seen they will go the distance mechanically.

Hard to justify the 3.6 unless you live in the mountains.
by jimmy123
Sun Oct 26, 2014 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Should I use 50k Delta miles for a $600 flight?
Replies: 73
Views: 8730

Re: Should I use 50k Delta miles for a $600 flight?

earn and burn miles as quickly as possible.

airlines are in and out of bankruptcy with the economic cycle, and who knows if DL (bankruptcy free since 2007) will honor its miles in the future or at what redemption rate.
by jimmy123
Sat Oct 04, 2014 9:08 pm
Forum: Personal Finance (Not Investing)
Topic: Voluntarily Declining Pay Raise
Replies: 43
Views: 5273

Re: Voluntarily Declining Pay Raise

Consider: Unless you've a employment contract, are a owner, a co. owner, self-employed or there are union contract onsiderations, your a day laborer, 30+ yrs or not. Your employment is not guaranteed in reality*. This. But IMHO a reasonable alternative to a pay rise is more vacation days. Which, if...
by jimmy123
Mon Aug 04, 2014 10:09 pm
Forum: Personal Finance (Not Investing)
Topic: HELP! Budget Out of Control
Replies: 47
Views: 5092

Re: HELP! Budget Out of Control

Nice point here. How does one include sporadic purchases such as furniture, gifts, or clothing on a monthly budget? We surely don't make these purchases each month. Same goes for car registration fees, water, & trash bills which deduct quarterly. mint.com is free, and after you 'train' it to recogn...
by jimmy123
Sun Jul 20, 2014 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Lost a lot in stocks and starting fresh: Please Help
Replies: 90
Views: 15578

Re: Lost a lot in stocks and starting fresh: Please Help

Income at the time of posting: $ 100,000 Current Income: 130K +30K in 1 year 30k pay rise. That's $20k after taxes, roughly. That's >$1600/mo extra. Every dime of that should be going towards the goals (EF first, then work on high interest debt, company match in 401(k) then invest once debt free). ...
by jimmy123
Sat Jul 05, 2014 3:04 pm
Forum: Personal Finance (Not Investing)
Topic: Inappropriate to ask your boss about buying a home?
Replies: 24
Views: 4194

Re: Inappropriate to ask your boss about buying a home?

assume that if you buy the house, you get laid off the day after closing...... can you keep the payments up with an emergency fund / other income for ~6 months? Unless your boss can offer you a written guarantee of employment at current salary level then anything they say is, at best, a useful guide.
by jimmy123
Sun Jun 08, 2014 10:01 am
Forum: Investing - Help with Personal Investments
Topic: mid-term saving v debt paydown?
Replies: 5
Views: 786

Re: mid-term saving v debt paydown?

Thanks for the consistent advice.

The SL has to go, and nothing out there is a guaranteed 6.75% return..

Plus, its a federal consolidation loan, so in truly bad times we could take a hardship deferral.
by jimmy123
Sat Jun 07, 2014 3:55 pm
Forum: Investing - Help with Personal Investments
Topic: mid-term saving v debt paydown?
Replies: 5
Views: 786

mid-term saving v debt paydown?

We have 65k of student loans @6.75% Mortgage, car payment are debts, and manageable. No c/card debt. 401k & her state retirement plan both in good shape, on track to where we want to be. Small Roth IRA. (ineligible for trad IRA). S&P 500 index fund, with about $3k today. 4+ emergency savings (bed on...