Search found 265 matches

by darrvao777
Sat Dec 28, 2019 12:28 am
Forum: Personal Investments
Topic: 2019 Portfolio Review
Replies: 9
Views: 1090

Re: 2019 Portfolio Review

Thank you to everyone who commented - I will start simplifying the smaller accounts so that they just contain 1 fund - My wife no longer works which is why her 401k no longer gets new contributions - I've always been slow to make asset allocation changes but I do like the idea of simplifying, simpli...
by darrvao777
Fri Dec 27, 2019 2:58 pm
Forum: Personal Investments
Topic: 2019 Portfolio Review
Replies: 9
Views: 1090

2019 Portfolio Review

Emergency funds : I have 3 months of expenses in checking and a large taxable account I can access in case of emergency Debt : $500000 mortgage, 4% interest rate Tax Filing Status : Married Filing Jointly Tax Rate : 37% Federal, 0% State State of Residence : FL Age : 34 Desired Asset allocation : 6...
by darrvao777
Fri Dec 20, 2019 4:57 pm
Forum: Personal Consumer Issues
Topic: Strategy to work a deal when buying a car
Replies: 38
Views: 3115

Re: Strategy to work a deal when buying a car

have them deliver the car to your home so you don’t have to deal with the people in the finance office LOL - great idea! Would you then request to sign the paperwork at your home? yup i’ve done this multiple times i typically use the community center at my community to maintain privacy others have ...
by darrvao777
Tue Dec 17, 2019 8:56 am
Forum: Personal Consumer Issues
Topic: Strategy to work a deal when buying a car
Replies: 38
Views: 3115

Re: Strategy to work a deal when buying a car

have them deliver the car to your home so you don’t have to deal with the people in the finance office
by darrvao777
Thu Oct 17, 2019 6:22 pm
Forum: Personal Consumer Issues
Topic: Car waxing/sealant for a newb (not for high level detailing)
Replies: 23
Views: 3564

Re: Car waxing/sealant for a newb (not for high level detailing)

wash with ONRWW which contains wax

dry with opti seal which is a sealant that will penetrate through the wax (optimum synergy)

i top with p and s beadmaker for greater slickness and gloss

simple products that have worked really well for me
by darrvao777
Sat Oct 12, 2019 7:06 am
Forum: Personal Consumer Issues
Topic: Best No Annual Fee Visa Credit Card with Cash Back
Replies: 56
Views: 5374

Re: Best No Annual Fee Visa Credit Card with Cash Back

DC is a MasterCard. Presumably OP's need for a Visa is tied to Costco usage, which having a Costco Visa addresses. I have played the credit card rewards game for a while, but the 3 card setup that Nate79 lays out is probably one of the best for OP's situation (cashback only, no annual fees). You ca...
by darrvao777
Sat Oct 12, 2019 7:05 am
Forum: Personal Consumer Issues
Topic: Best No Annual Fee Visa Credit Card with Cash Back
Replies: 56
Views: 5374

Re: Best No Annual Fee Visa Credit Card with Cash Back

I would get the Amazon card for shopping at Amazon, the Costco card for at Costco and at the bonus categories, and the Citi double cash for everything else. I like this setup I eliminated the double cash card since its benefits were nerfed so badly: - no worldwide car rental insurance - no worldwid...
by darrvao777
Fri Oct 11, 2019 10:31 pm
Forum: Personal Consumer Issues
Topic: Best No Annual Fee Visa Credit Card with Cash Back
Replies: 56
Views: 5374

Re: Best No Annual Fee Visa Credit Card with Cash Back

i only use the costco card

best extended warranty in the industry (for now)
by darrvao777
Fri Sep 27, 2019 10:52 pm
Forum: Personal Consumer Issues
Topic: Apple iPhone iOS 13 Discussion
Replies: 79
Views: 9742

Re: Apple iPhone iOS 13 Discussion

andypanda wrote:
Fri Sep 27, 2019 3:20 pm
13.1.1 is out now. :D
Had to use iTunes to update

Over the air update led to a U1 chip problem
by darrvao777
Sun Sep 01, 2019 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Gifting 60k to someone
Replies: 41
Views: 6526

Re: Gifting 60k to someone

Sorry to dig up an old thread. I wanted to talk about the logistics of the above. Can the gift be transferred in one sitting? e.g. one $60000 check from the joint account of A and B to the joint account of X and Y Or would it be better for A to sign a $15K check to X, then A to sign a $15K check to...
by darrvao777
Sat Aug 31, 2019 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting 60k to someone
Replies: 41
Views: 6526

Re: Gifting 60k to someone

It is only a reporting requirement. You don't have to pay a tax or penalty. The amount over the $15k annual exclusion just reduces your lifetime estate exemption. If you are a couple and are gifting to another couple, you can gift $60k without triggering the reporting requirement ($15k from each to...
by darrvao777
Thu Aug 29, 2019 3:32 pm
Forum: Personal Consumer Issues
Topic: downside of going to a competitive high school?
Replies: 49
Views: 3769

Re: downside of going to a competitive high school?

My kid will go to high school in a few years. Our local public high school is very competitive. I hear plenty of horror stories about kids stressed out about grades. I am worried about the impact it will have on my kid's mental well being. In additional to that, an acquaintances told me going to a ...
by darrvao777
Thu Aug 29, 2019 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Gifting 60k to someone
Replies: 41
Views: 6526

Re: Gifting 60k to someone

It is only a reporting requirement. You don't have to pay a tax or penalty. The amount over the $15k annual exclusion just reduces your lifetime estate exemption. If you are a couple and are gifting to another couple, you can gift $60k without triggering the reporting requirement ($15k from each to...
by darrvao777
Fri Jul 26, 2019 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Experience with Costco Citi Visa?
Replies: 34
Views: 4701

Re: Experience with Costco Citi Visa?

Anyone using Costco's Citi Visa? * Traveled outside the US with it? ** How were the foreign exchange rates for any out of country transactions (especially Canada)? ** No transaction fees for the foreign currency transaction, right? Anything else I should know? The table of information said no annua...
by darrvao777
Fri Jul 26, 2019 5:27 am
Forum: Personal Consumer Issues
Topic: Long commute: how to manage?
Replies: 110
Views: 7789

Re: Long commute: how to manage?

It depends on what your commute looks like too

Mine is also an hour but it is against traffic with rare bumper to bumper

I ended up getting a manual transmission car, keeps me more engaged and there are days I look forward to the commute and rowing my own gears
by darrvao777
Sun Jun 23, 2019 4:01 pm
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 183
Views: 29826

Re: Don't pay full price for SiriusXM radio

Is this $5/month plan indefinite? Like some others participating in this thread, I'd prefer not to deal with a customer service agent every 6 or 12 months. It's only for 1 year I used the virtual account number trick so by the time it's ready to renew, they'll have to come to me to get an up to dat...
by darrvao777
Sat Jun 22, 2019 9:38 pm
Forum: Personal Consumer Issues
Topic: Don't pay full price for SiriusXM radio
Replies: 183
Views: 29826

Re: Don't pay full price for SiriusXM radio

Thanks to everyone's advice I also signed up for the $70/year plan With regards to why, I do agree it is nice to be able to jump in the car and have access to a couple of favorable music channels without having to fiddle with my phone. Using the online interface and the live chat feature is a nice w...
by darrvao777
Sat Jun 01, 2019 9:14 pm
Forum: Investing - Theory, News & General
Topic: How did you all do in the month of May, 2019
Replies: 126
Views: 11379

Re: How did you all do in the month of May, 2019

May 2019 was a "devastating" month

-$85K investment returns (which I don't track or notice)
-$672K withdrawal for a house downpayment (which I definitely DID notice, hoping to never make as big a withdrawal ever again)
by darrvao777
Thu May 30, 2019 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: How to do a check deposit with your cellphone app
Replies: 14
Views: 1444

Re: How to do a check deposit with your cellphone app

I would find a new bank

I hate banks that offer such ridiculously low limits on mobile deposit

My previous bank capped mobile deposits at $1000
by darrvao777
Thu May 30, 2019 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford this 2.3 million dollar home?
Replies: 273
Views: 29088

Re: Can I afford this 2.3 million dollar home?

For everyone who utters the refrain that buying this expensive of a house is akin to signing up for slavery, what say you about this plan? Purchase house with 30% down Put An extra 10k/month (less than half of current taxable acct savings) into mortgage Payoff the note in 10 years. If expenses rema...
by darrvao777
Sat May 11, 2019 10:10 am
Forum: Personal Finance (Not Investing)
Topic: How to Wire Funds from Vanguard
Replies: 9
Views: 1244

Re: How to Wire Funds from Vanguard

My wife and I are buying a new home for cash and we will be required to wire the funds to the title company at the close of escrow. Where in the world does it say how to do this on the Vanguard site? I've tried to search the site and it just says that their search function is not working and to try...
by darrvao777
Sat May 11, 2019 9:43 am
Forum: Personal Investments
Topic: tax efficient lazy portfolio strategies
Replies: 12
Views: 2103

Re: tax efficient lazy portfolio strategies

1/3 total stock
1/3 total intl
1/3 intermediate term muni bond fund
by darrvao777
Sat May 11, 2019 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Cash - Throw it all on the table!!!
Replies: 215
Views: 39683

Re: Cash - Throw it all on the table!!!

At least $50000 in checking

We have a large mortgage $15k/month so we need a large cash cushion
by darrvao777
Fri May 10, 2019 12:43 pm
Forum: Personal Consumer Issues
Topic: Home Safe...Looking for advice
Replies: 19
Views: 2686

Re: Home Safe...Looking for advice

Obvious as well, I would install it yourself and let as few people know about it as possible

Even if it doesn't contain anything super valuable, people may get the wrong idea

Not as common anymore but hiring people to deliver and install the safe is a big no no in my book
by darrvao777
Fri May 10, 2019 12:42 pm
Forum: Investing - Theory, News & General
Topic: Any conservative young investors?
Replies: 79
Views: 9415

Re: Any conservative young investors?

<35

66/33 split

Plan to continue indefinitely
by darrvao777
Tue May 07, 2019 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: What’s in your pocket?
Replies: 22
Views: 2360

Re: What’s in your pocket?

Phone
Keys
Wallet
Protection
Water
by darrvao777
Sun Apr 14, 2019 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Home affordability - Can I afford it?
Replies: 22
Views: 2616

Re: Home affordability - Can I afford it?

Is mortgage 2x gross reasonable?

Maybe the OP can just save longer with a larger down payment and the smaller mortgage will result in smaller risk?
by darrvao777
Sat Apr 13, 2019 1:58 pm
Forum: Personal Consumer Issues
Topic: China travel
Replies: 25
Views: 2243

Re: China travel

Is it safe to travel there? I hear these rumors about Chinese Americans potentially being served with exit bans and terrible traffic infrastructure safety issues? Exaggerations? There have been issues where American citizens who were born in China or have family currently living in China have been ...
by darrvao777
Fri Apr 12, 2019 9:12 pm
Forum: Personal Consumer Issues
Topic: China travel
Replies: 25
Views: 2243

Re: China travel

Is it safe to travel there? I hear these rumors about Chinese Americans potentially being served with exit bans and terrible traffic infrastructure safety issues? Exaggerations? There have been issues where American citizens who were born in China or have family currently living in China have been ...
by darrvao777
Fri Apr 12, 2019 2:32 pm
Forum: Personal Consumer Issues
Topic: China travel
Replies: 25
Views: 2243

Re: China travel

Is it safe to travel there?

I hear these rumors about Chinese Americans potentially being served with exit bans and terrible traffic infrastructure safety issues?

Exaggerations?
by darrvao777
Sun Mar 24, 2019 8:53 pm
Forum: Personal Consumer Issues
Topic: Lock Strategy for New House
Replies: 40
Views: 3277

Re: Lock Strategy for New House

I don't do anything special for the locks or doors since it would be far easier for a burglar to just break a window to get in if he didn't feel like kicking the door in. Any burglar who makes it into my home would be severely disappointed in the contents anyway. That's pretty much my thinking. Unl...
by darrvao777
Sun Mar 24, 2019 8:50 pm
Forum: Personal Consumer Issues
Topic: How do you organize your pockets?
Replies: 106
Views: 12826

Re: How do you organize your pockets?

cell phone = left front pocket

car keys = right front pocket

wallet = right back pocket

small bottle of water = left side pocket

self defense tool = appendix carry
by darrvao777
Sun Mar 24, 2019 1:50 pm
Forum: Personal Consumer Issues
Topic: Vanguard App & Android 4
Replies: 7
Views: 512

Re: Vanguard App & Android 4

dlabel wrote:
Sun Mar 24, 2019 1:26 pm
I would not use such an outdated and insecure version of Android to log into financial accounts.
This x2.
by darrvao777
Tue Mar 19, 2019 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Can I afford a $1.5 million house?
Replies: 125
Views: 9630

Re: Can I afford a $1.5 million house?

I don’t see that kind of reimbursement lasting in medicine

I’m also a doc making seven figures, I’m thankful every day but I don’t see this lasting much longer

Maybe I’m being too conservative but I’m not buying primary or secondary homes at that price range
by darrvao777
Sun Mar 17, 2019 11:37 am
Forum: Personal Finance (Not Investing)
Topic: [2018 tax return - How does it compare to previous years?]
Replies: 441
Views: 35912

Re: [2018 tax return - How does it compare to previous years?]

simplesimon wrote:
Fri Mar 15, 2019 1:02 pm
MFJ, took the standard deduction, no children. Effective tax rate declined by 2.5%.
Same but with 1 child
by darrvao777
Mon Feb 25, 2019 3:54 pm
Forum: Personal Consumer Issues
Topic: Building a home
Replies: 31
Views: 2780

Re: Building a home

Construction loans Does the lender need all your financial info beforehand? We are new to this so I just want to sit down and chat about the process and what it entails One lender is insisting he won’t meet with us until getting all of our financial data beforehand I’m leaning very strongly towards ...
by darrvao777
Mon Feb 18, 2019 8:26 am
Forum: Personal Consumer Issues
Topic: First thing(s) you'd do when you achieve financial independence?
Replies: 73
Views: 6380

Re: First thing(s) you'd do when you achieve financial independence?

Delayed gratification means that you'll get that gratification some days down the road. You work hard for a purpose. Some might work harder to accelerate their savings so they can get there faster. The moment you cross the finish line, what are the first things you would do? My wife and I hopefully...
by darrvao777
Sun Feb 17, 2019 11:00 pm
Forum: Personal Finance (Not Investing)
Topic: If your net worth is over $3 million, how did you do it?
Replies: 436
Views: 116652

Re: If your net worth is over $3 million, how did you do it?

Same as everyone else One little wrinkle, I targeted fields that offered the most $/hr from Day 1 of medical school and ignored trite advice like “chase your passion”. It is important to pick something you like but if you open your eyes, there is a lot of variety in the higher paying fields. That wa...
by darrvao777
Sat Feb 16, 2019 2:36 pm
Forum: Personal Consumer Issues
Topic: Building a home
Replies: 31
Views: 2780

Re: Building a home

Thanks for everyone's input OK new question What are some standard numbers? I realize a lot of this depends on the neighborhood but someone else mentioned that for the builder, we should expect a cost of materials + 15% How about the architect? We are being quoted numbers like $3-$5 / sq ft with an ...
by darrvao777
Fri Feb 15, 2019 2:02 pm
Forum: Personal Consumer Issues
Topic: Building a home
Replies: 31
Views: 2780

Re: Building a home

I think you should have told us how high-end these houses are in your first post. At that price point, many of the previous comments (about the cost of finishes driving up the total cost, etc.) simply don't apply. All houses at that price point will have top-notch finishes. My apologies. So if the ...
by darrvao777
Fri Feb 15, 2019 1:49 pm
Forum: Personal Consumer Issues
Topic: Building a home
Replies: 31
Views: 2780

Re: Building a home

My wife and I are concerned that the difference in price (avg savings of $500k to $750k when opting to build ) reflects a drastic difference in quality This seems confusing. You are comparing a $300K house with a $800-1050K house? Builders are quoting us homes in the $2.6-$2.7M range “Comparable” s...
by darrvao777
Fri Feb 15, 2019 8:41 am
Forum: Personal Consumer Issues
Topic: Building a home
Replies: 31
Views: 2780

Building a home

This process is completely new to us so we were hoping to pick the brains of smarter and more experienced people who have done this before First question: why is it cheaper in our case? From everything I’ve read online, building is almost universally more expensive But we’ve been looking for a home ...
by darrvao777
Sun Jan 27, 2019 2:06 pm
Forum: Investing - Theory, News & General
Topic: For young investors not yet seen a bear market or recession. How do you truly know your risk tolerance and plan for it?
Replies: 103
Views: 7057

Re: For young investors not yet seen a bear market or recession. How do you truly know your risk tolerance and plan for

I’m still in my twenties and have my stocks allocated at 100% US with no bonds. I have never actually been through a recession or bear market (2008 was when I was in the last year of high school). Having browsed multiple threads about risk tolerance...it seems, the thing about risk tolerance that m...
by darrvao777
Sun Jan 27, 2019 10:02 am
Forum: Personal Consumer Issues
Topic: Victim of my own success! How to deal with a complex life?
Replies: 103
Views: 9625

Re: Victim of my own success! How to deal with a complex life?

A final bit of advice: Don't expect a happy home if your wife has primary toddler duty while you're doing financial research unless you provide the same amount of child care time while she pursues her own interests. This may be where OP's marital bickering is coming from. "Why can't we just use a t...
by darrvao777
Fri Jan 25, 2019 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Millionaire by 40 and How you Did it?
Replies: 205
Views: 35293

Re: Millionaire by 40 and How you Did it?

Married rich 😁

I’m 33, married at age 30

Wifey has a million dollar rental property that’s paid off

7 digit net worth instantly achieved
by darrvao777
Fri Jan 25, 2019 12:56 am
Forum: Personal Consumer Issues
Topic: Victim of my own success! How to deal with a complex life?
Replies: 103
Views: 9625

Re: Victim of my own success! How to deal with a complex life?

Sounds like a lot of excuses If you want to be a better husband / father, make the time. Cut out something, cut out everything if that’s really what’s most important to you. If you don’t, that’s fine too. Plenty of bad husbands / fathers out there who would rather do something else with their time. ...
by darrvao777
Fri Jan 18, 2019 10:16 pm
Forum: Personal Consumer Issues
Topic: Car reviews - Consumer Reports or other sources?
Replies: 41
Views: 3557

Re: Car reviews - Consumer Reports or other sources?

I like Car and Driver the best. Too cheap to pay for Consumer Reports. Too lazy to go to a library to read advice that isn't readily available. I used to like Edmunds but really dislike their website layout (it may have changed since the last time I visited) I like using Car and Driver's Buyer's Gui...
by darrvao777
Fri Jan 18, 2019 10:13 pm
Forum: Personal Consumer Issues
Topic: Any admission pointers from pre- med/ med students?
Replies: 58
Views: 3632

Re: Any admission pointers from pre- med/ med students?

Looking for suggestions from experienced med professionals for current sophomore student intending to study medicine. We r in Nj. His GPA is 3.97 and is Volunteering at hospital and senior center as well as health science relared associations Thank you Do something interesting. So far all you've li...