Search found 411 matches

by Soon2BXProgrammer
Fri Aug 17, 2018 10:10 am
Forum: Personal Finance (Not Investing)
Topic: Comparing Boats to Autos
Replies: 22
Views: 1009

Re: Comparing Boats to Autos

I own an 1980 tiderunner (18 foot). its a heavy thick fiberglass hull. i really like it, it was built local to the puget sound (originally they where built in tacoma, then gig harbor then they moved to bremerton). with wood/fiberglass boats, you need to be aware of rot. i cut the floor out of my boa...
by Soon2BXProgrammer
Thu Aug 16, 2018 8:42 pm
Forum: Investing - Theory, News & General
Topic: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!
Replies: 503
Views: 27883

Re: It's not enough to mumble "Stay the Course"... INT'L Investing has been a disaster!

9 pages in. I have to ask. Has a single person changed their position having read or participated in this thread? :shock: :oops: :sharebeer Yes, this thread made me take action. i logged into my account that i don't check all that often, and realized, i could click the re-balance button and buy INT...
by Soon2BXProgrammer
Sun Aug 12, 2018 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Distributions for mega-back door
Replies: 7
Views: 548

Re: Distributions for mega-back door

not exactly. some 401k plans allow what is called a in service distribution of the aftertax sub account. The aftertax sub account must be prorata distrubted, both the basis and the gains. every year i rollover my aftertax sub account. it might be 20k of basis and 500 dollars of gains. i just roll th...
by Soon2BXProgrammer
Tue Jun 26, 2018 10:03 pm
Forum: Investing - Help with Personal Investments
Topic: Frequency of Mega Backdoor IRA Transfers
Replies: 15
Views: 1282

Re: Frequency of Mega Backdoor IRA Transfers

its free for me.. and unlimited... but i only do it once per year. i do it in the august time frame when i max out the after-tax contributions due to hitting the 55k limit and i switch to our pretax non qualified plan for the rest of the year. before i could break the 55k IRS limit.. i did it in Nov...
by Soon2BXProgrammer
Wed May 16, 2018 9:11 pm
Forum: Personal Consumer Issues
Topic: Roof TV Antenna Recommendation Needed
Replies: 23
Views: 1737

Re: Roof TV Antenna Recommendation Needed

i use: https://www.channelmaster.com/Digital_HDTV_Outdoor_TV_Antenna_p/cm-4228hd.htm i have probably a 30-40 degree cone that most of my stations come from. I point this in that general direction. they are only 40ish miles, but due to terrain, i don't have LOS.. then i also pick up a couple stations...
by Soon2BXProgrammer
Tue May 15, 2018 9:26 pm
Forum: Investing - Theory, News & General
Topic: 2018 401k limit is $55K - do you max it out? Why/why not?
Replies: 110
Views: 11081

Re: 2018 401k limit is $55K - do you max it out? Why/why not?

https://www.irs.gov/newsroom/irs-announces-2018-pension-plan-limitations-401k-contribution-limit-increases-to-18500-for-2018 The limitation used in the definition of highly compensated employee under Section 414(q)(1)(B) remains unchanged at $120,000. If your company has > 20% of employees with com...
by Soon2BXProgrammer
Tue May 15, 2018 7:23 am
Forum: Investing - Theory, News & General
Topic: 2018 401k limit is $55K - do you max it out? Why/why not?
Replies: 110
Views: 11081

Re: 2018 401k limit is $55K - do you max it out? Why/why not?

I'm late to the game on this one. But my employer does allow after-tax contributions above the annual limits, and I've accumulated a small amount from slight over contributions (our plan you can only specify contributions in integer percents). The plan does not a appear to allow for in-plan convers...
by Soon2BXProgrammer
Fri May 11, 2018 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: How close do you cut your monthly surplus?
Replies: 22
Views: 3202

Re: How close do you cut your monthly surplus?

since i have a surplus of taxable funds already... i max all my pretax and roth options everywhere for our family., even though from a cashflow perspective, some months this means we are negative... but who cares? checking account goes up and down... if it went down and stayed down for too long, i m...
by Soon2BXProgrammer
Fri May 11, 2018 4:32 pm
Forum: Personal Consumer Issues
Topic: Buying a Boat
Replies: 47
Views: 5190

Re: Buying a Boat

Thoughts on Johnson motors? They never seem to get the rep that Honda, Yamaha, Merc, etc get. But I've been on the lake plenty of times and have seen ANCIENT Johnson motors still running, albeit of lower horsepower i love my 1980 115 johnson... you can see the old commercial: https://www.youtube.co...
by Soon2BXProgrammer
Fri May 11, 2018 10:27 am
Forum: Personal Consumer Issues
Topic: Anyone using Obitalk for Google Voice?
Replies: 38
Views: 4799

Re: Anyone using Obitalk for Google Voice?

upgrade to a 200 series.. they announced a while ago the 100 series was end of life, then google changed something as well..

https://forums.redflagdeals.com/google- ... s-2139232/
by Soon2BXProgrammer
Fri May 11, 2018 8:45 am
Forum: Personal Consumer Issues
Topic: Which cordless weed whacker to buy?
Replies: 49
Views: 3619

Re: Which cordless weed whacker to buy?

i have lots of milwaukee tools/batteries.. so i have a milwaukee coardless weedwhacker... it works well for what it is.. nice and easy to use it as an improvised edger. whack the weeds in concrete, etc...

i would recommend against any cordless for that big monstrosity.
by Soon2BXProgrammer
Fri May 11, 2018 8:42 am
Forum: Personal Consumer Issues
Topic: buying new laptops
Replies: 19
Views: 2217

Re: buying new laptops

hello there I'm shopping for a laptop computer for home and business. I would like to know do we have any new with innovated and popular recent products in the market I would like to buy. And where are the best places to go shopping, like outlets, online, Costco, Amazon, Walmart, best buy for barga...
by Soon2BXProgrammer
Wed May 09, 2018 7:27 pm
Forum: Personal Consumer Issues
Topic: Buying a Boat
Replies: 47
Views: 5190

Re: Buying a Boat

Thoughts on Johnson motors? They never seem to get the rep that Honda, Yamaha, Merc, etc get. But I've been on the lake plenty of times and have seen ANCIENT Johnson motors still running, albeit of lower horsepower i love my 1980 115 johnson... you can see the old commercial: https://www.youtube.co...
by Soon2BXProgrammer
Sun May 06, 2018 8:54 pm
Forum: Personal Consumer Issues
Topic: Buying a Boat
Replies: 47
Views: 5190

Re: Buying a Boat

We must have had maybe a dozen boats over 15' by now - most with twin engines and have never blown one yet. Since we bought all of them used and do most all of our own work when we sell they mostly go for more than what we bought them for. During many seasons we spent more than 65 nights on the boa...
by Soon2BXProgrammer
Sun May 06, 2018 9:45 am
Forum: Personal Consumer Issues
Topic: Buying a Boat
Replies: 47
Views: 5190

Re: Buying a Boat

First looking at the headline I was going to give the standard dismissive quotations of boat stands for Break Out Another Thousand, and "How do you make $1,000,000 in the boating industry? Start with $10,000,000". But, you aren't buying some $150,000 show-off boat, you're buying a reasonable piece ...
by Soon2BXProgrammer
Sat May 05, 2018 4:50 pm
Forum: Personal Consumer Issues
Topic: Buying a Boat
Replies: 47
Views: 5190

Re: Buying a Boat

my grandfather, father, uncle, cousin and I all each own our own TideRunner's. (local puget sound made fiberglass boat). great boats, very sea worthy, low maintenance.... find yourself a good mechanic though, if you have an old motor. (like my 1980 motor). its great that we all own boats.. we all go...
by Soon2BXProgrammer
Sun Apr 01, 2018 6:20 pm
Forum: Investing - Theory, News & General
Topic: What’s the magic savings rate???
Replies: 61
Views: 10057

Re: What’s the magic savings rate???

From that page: "A middle-class family with a 50k take-home pay who saves 10% of their income ($5k) is actually better than average these days. But simply cutting cable TV and a few lattes would instantly boost their savings to 15%" This family is going to be able to invest $2,500 more per year by ...
by Soon2BXProgrammer
Sun Apr 01, 2018 3:47 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 318
Views: 27218

Re: free dinner investing seminar

maybe a dumb question.. but how do i get invited to a free steak dinner? A reasonably fat bank/investment account and being over 55 helps. The free dinner folk buy your info from the financial institution and then attempt to convince you to convert your 401k's/IRA to indexed annuities. Back in the ...
by Soon2BXProgrammer
Sun Apr 01, 2018 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: free dinner investing seminar
Replies: 318
Views: 27218

Re: free dinner investing seminar

maybe a dumb question.. but how do i get invited to a free steak dinner?
by Soon2BXProgrammer
Sun Apr 01, 2018 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Pay Off Mortgage with Windfall?
Replies: 57
Views: 6035

Re: Pay Off Mortgage with Windfall?

I’d split the difference and pay off a chunk, invest the rest. Sometimes difficult tradeoffs are best met with a compromise (other times a compromise is actually worse; this doesn’t seem like one of those times). if your going to pay off only a chunk, that doesn't do anything for a cash flow situat...
by Soon2BXProgrammer
Sun Apr 01, 2018 7:04 am
Forum: Personal Finance (Not Investing)
Topic: Mortgage Interest Paid Not lowering Tax Bill
Replies: 20
Views: 2332

Re: Mortgage Interest Paid Not lowering Tax Bill

i believe its 25. what is line 29 on schedule a (total) or line 40 from your 1040? (both of these should be the same and the total of your itemized deductions.) how does that number compare to: Standard Deduction for— • People who check any box on line 39a or 39b or who can be claimed as a dependen...
by Soon2BXProgrammer
Sat Mar 31, 2018 11:41 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Interest Paid Not lowering Tax Bill
Replies: 20
Views: 2332

Re: Mortgage Interest Paid Not lowering Tax Bill

Just about finished up taxes tonight. After filling in the blanks the 9k mortgage interest gave me back $1600. Better but not great. do you know what marginal bracket your in? either your on the 15/25 border? (since it looks like you got 17% back).. or more likely, you could be in a higher bracket,...
by Soon2BXProgrammer
Sat Mar 31, 2018 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage Interest Paid Not lowering Tax Bill
Replies: 20
Views: 2332

Re: Mortgage Interest Paid Not lowering Tax Bill

Everyone talks about the benefit of deducting mortgage interest but I am not seeing a benefit here. Exactly. Don't believe the hype. not hyping it.. (i paid off my mortgage) if you already donate enough money to charity, pay state/property taxes, etc, etc, etc that you already itemize... then yes, ...
by Soon2BXProgrammer
Thu Mar 22, 2018 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!
Replies: 43
Views: 2536

Re: USAA- limited options for investments w/ high ER's, but I still feel loyal. Help!

as a USAA member with a subscribers savings account i choose to not use USAA Mutual funds. I use vanguard directly. once i'm too old to deal with that.. i'll probably consolidate back to USAA and either use vanguard ETFs or if at that time they are still partnered with fidelity i'll use those no cos...
by Soon2BXProgrammer
Fri Mar 16, 2018 6:49 pm
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 33162

Re: Those with high savings rate: why?

Is it because you want to retire early, or You are not sure what the future holds, e.g. low job security, or You want to leave money to others, e.g. kids, grand kids, charity, or You have no interest in increasing your consumption now, including giving more money to charity etc. Any insights? i don...
by Soon2BXProgrammer
Fri Mar 16, 2018 8:32 am
Forum: Personal Finance (Not Investing)
Topic: What are the jobs with the best medical insurance?
Replies: 51
Views: 3942

Re: What are the jobs with the best medical insurance?

my megacorp basically has a no contribution plan for family, that technically is a HDHP but they kick about half of the deductable into a HSA, then i need to come up with the other 1300ish dollars a year.... pretty good deal overall. effectively its handcuffss everyone in the company basically gets ...
by Soon2BXProgrammer
Mon Mar 12, 2018 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard now charging $10.00 wire fee
Replies: 33
Views: 4155

Re: Vanguard now charging $10.00 wire fee

some people might have been abusing it.. instead of using ACH..

a small fee of 10 dollars with still having a free option ACH... doesn't seem unreasonable.

if you need it, you would gladly pay the 10, but if you don't, then ACH works.
by Soon2BXProgrammer
Mon Mar 12, 2018 8:05 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard now charging $10.00 wire fee
Replies: 33
Views: 4155

Re: Vanguard now charging $10.00 wire fee

if your in a pinch.. and can't wait the 3 days ish for ACH to settle... i wouldn't worry about the 10 dollar fee
by Soon2BXProgrammer
Sat Mar 10, 2018 10:00 am
Forum: Personal Consumer Issues
Topic: Getting Rid of Comcast Modem
Replies: 35
Views: 3752

Re: Getting Rid of Comcast Modem

The cheapest 3.1 modems I am finding are ~$150. If you buy a Docsis 3.0 modem you may have a $50-75 paperweight in a mater of months. Concast (no, not a typo) is charging approx $10 per month as rental for their modem. Basically, the break even period is 15 to 16 months. It's been already 8 months ...
by Soon2BXProgrammer
Fri Mar 09, 2018 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: 1099-R for mega backdoor Roth Question box 2a incorrect?
Replies: 5
Views: 580

Re: 1099-R for mega backdoor Roth Question box 2a incorrect?

Steezer wrote:
Fri Mar 09, 2018 4:57 pm
Updating this thread for future reference for other users.

My original 1099-R was incorrect.

I have received a corrected 1099-R where box 2a is $0 and box 5 contains the $35450.

Thank you to all of those who replied!
thanks for closing the loop.
by Soon2BXProgrammer
Sun Mar 04, 2018 9:08 am
Forum: Personal Finance (Not Investing)
Topic: What will you do with your tax refund?
Replies: 87
Views: 6409

Re: What will you do with your tax refund?

Nearly A Moose wrote:
Thu Jan 25, 2018 11:27 pm
Gnirk wrote:
Thu Jan 25, 2018 10:44 pm
What's a refund? :o
+1
+1
by Soon2BXProgrammer
Sun Mar 04, 2018 9:03 am
Forum: Personal Consumer Issues
Topic: Emergency Medevac - costs and options
Replies: 35
Views: 3545

Re: Emergency Medevac - costs and options

this is what travel insurance is for.. some cover more or less, so look at your policy in great detail. My parents when they take my grandparents to Hawaii, ALWAYS pay for insurance for the trip. Some would say, it is a waste of money.. but they only go once per year, and it isn't that much money, b...
by Soon2BXProgrammer
Sat Feb 24, 2018 9:30 pm
Forum: Personal Consumer Issues
Topic: How Far is too Far, Commuting?
Replies: 211
Views: 13669

Re: How Far is too Far, Commuting?

i have the option of either driving 33 miles or 57 miles each way.

Sometimes the 33 mile way is way worse for travel time...

I slog through it... once i started to listen to books on tape instead of the news.. it has helped. been doing it for a few years now.. can't/won't do forever.
by Soon2BXProgrammer
Sat Feb 17, 2018 8:03 pm
Forum: Personal Consumer Issues
Topic: Is Enterprise Architecture worth building career upon?
Replies: 12
Views: 1175

Re: Is Enterprise Architecture worth building career upon?

some people at my megacorp really like EA... and others view it as purgatory. personally i'm more in the later category.

I did my year in EA. Now i'm back to delivery.
by Soon2BXProgrammer
Sun Feb 11, 2018 11:17 am
Forum: Personal Consumer Issues
Topic: Getting Rid of Comcast Modem
Replies: 35
Views: 3752

Re: Getting Rid of Comcast Modem

cancel your comcast phone service... and buy a normal docsis 3 cable modem then buy a obihai and use it with google voice phone number... https://www.amazon.com/OBi200-1-Port-Adapter-Support-Service/dp/B00BUV7C9A no monthly fee as it uses google voice. but there is a 15 dollar a year fee if you wan...
by Soon2BXProgrammer
Sat Feb 10, 2018 9:47 pm
Forum: Personal Consumer Issues
Topic: Getting Rid of Comcast Modem
Replies: 35
Views: 3752

Re: Getting Rid of Comcast Modem

cancel your comcast phone service... and buy a normal docsis 3 cable modem then buy a obihai and use it with google voice phone number... https://www.amazon.com/OBi200-1-Port-Adapter-Support-Service/dp/B00BUV7C9A no monthly fee as it uses google voice. but there is a 15 dollar a year fee if you want...
by Soon2BXProgrammer
Sat Feb 10, 2018 4:44 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody hit their rebalance bands?
Replies: 27
Views: 2771

Re: Anybody hit their rebalance bands?

I was surprised to see that I hadn't hit my rebalance bands for overall stock to bonds ratio after the last weeks' dips. I have them set at 5% and I only ended up around 2.5% today. I decided to rebalance anyways as it looked like a reasonable time to do so after a 10% correction. This may seem lik...
by Soon2BXProgrammer
Fri Feb 09, 2018 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Anybody hit their rebalance bands?
Replies: 27
Views: 2771

Re: Anybody hit their rebalance bands?

I was surprised to see that I hadn't hit my rebalance bands for overall stock to bonds ratio after the last weeks' dips. I have them set at 5% and I only ended up around 2.5% today. I decided to rebalance anyways as it looked like a reasonable time to do so after a 10% correction. This may seem lik...
by Soon2BXProgrammer
Thu Feb 08, 2018 9:26 pm
Forum: Personal Consumer Issues
Topic: Comcast Modem Part 2
Replies: 6
Views: 1010

Re: Comcast Modem Part 2

You might consider going with something like OOMA and getting rid of the cable phone. Then you can buy a modem and get rid of the internet phone fee and the gateway rental fee. You would have to lay out the money for the Ooma system and the modem, but should end up in the Black in a year or so, dep...
by Soon2BXProgrammer
Thu Feb 08, 2018 9:15 am
Forum: Personal Consumer Issues
Topic: Who has had a pool?
Replies: 79
Views: 5023

Re: Who has had a pool?

forgot to add.. yes, if you don't have a salt water pool it is a lot of work... but i bought a salt water colorinator off amazon for about 150 dollars for my above ground pool.. and its magical. once setup is done. i don't have to do much the rest of the year as far as chemicals. Caution: convertin...
by Soon2BXProgrammer
Thu Feb 08, 2018 9:01 am
Forum: Personal Consumer Issues
Topic: Who has had a pool?
Replies: 79
Views: 5023

Re: Who has had a pool?

forgot to add.. yes, if you don't have a salt water pool it is a lot of work... but i bought a salt water colorinator off amazon for about 150 dollars for my above ground pool.. and its magical. once setup is done. i don't have to do much the rest of the year as far as chemicals.
by Soon2BXProgrammer
Thu Feb 08, 2018 7:46 am
Forum: Personal Consumer Issues
Topic: Who has had a pool?
Replies: 79
Views: 5023

Re: Who has had a pool?

we have an above ground pool from costco. put it up in the summer and take it down the rest of the year.

my kids love it. it is like 18x9 feet or so. yesterday, my 5 year old was playing outside and asked me if it was time to put it up yet.
by Soon2BXProgrammer
Mon Feb 05, 2018 9:30 am
Forum: Investing - Help with Personal Investments
Topic: to superfund or not to superfund a 529
Replies: 14
Views: 1794

Re: to superfund or not to superfund a 529

I am struggling with the same thing. Pay 15% capital gains now (24.3 since we live in california) to fund the 529 (and probably buy the same index funds) or just hold it where it is and pay the tax when needed. The simple part of me just says to fund the 529 with gift money and keep the superfundin...
by Soon2BXProgrammer
Sun Feb 04, 2018 7:40 am
Forum: Investing - Theory, News & General
Topic: Is this a form of Market Timing?
Replies: 36
Views: 2639

Re: Is this a form of Market Timing?

what happens if the market is never lower than today?
by Soon2BXProgrammer
Sat Feb 03, 2018 9:14 pm
Forum: Investing - Help with Personal Investments
Topic: How often do you auto-purchase when DCA'ing?
Replies: 5
Views: 462

Re: How often do you auto-purchase when DCA'ing?

in all accounts except my "rebalance" account, i buy as the money shows up. because in all the other accounts there is just 1 asset class. in my rebalance account, as that 401k makes contributions, it is always to stable value (effectively bonds).. then once a month i calculate what i'm actually sho...
by Soon2BXProgrammer
Sat Feb 03, 2018 9:11 pm
Forum: Investing - Theory, News & General
Topic: When diversification doesn’t work
Replies: 33
Views: 2979

Re: When diversification doesn’t work

JBTX wrote:
Sat Feb 03, 2018 9:09 pm
First of all I could care less if the market goes down 2% in a week.

But I do find it interesting that seemingly everything went down last week. Stocks. International stocks. Bonds. Commodities. Where did it all go, cash?
actually... it can just "disappear"...
by Soon2BXProgrammer
Sat Feb 03, 2018 9:10 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doing on 529 plan contributions?
Replies: 13
Views: 1355

Re: How am I doing on 529 plan contributions?

I am trying to figure out how much my target needs to be for my son's college education. We just have one kid who is 4 years old. I have been contributing about 10K per year depending on the year's bonus. So right now, the 529 balance on the Fidelity Delaware 529 plan is about $50K, as the market h...
by Soon2BXProgrammer
Sat Feb 03, 2018 11:44 am
Forum: Personal Consumer Issues
Topic: Bank signup bonus 1099
Replies: 36
Views: 3180

Re: Bank signup bonus 1099

It's 02/03 and I received the forms from BMO Harris and BBVA but did NOT receive it from Wells Fargo, Amboy, TD, and PNC. All were checking/saving account signup bonuses. We should've received 2 for some because my spouse and I both did them. Still conflicted whether I should put as "unearned incom...
by Soon2BXProgrammer
Fri Feb 02, 2018 2:50 pm
Forum: Personal Finance (Not Investing)
Topic: 1099-R for mega backdoor Roth Question box 2a incorrect?
Replies: 5
Views: 580

Re: 1099-R for mega backdoor Roth Question box 2a incorrect?

when i look at my 1099-R from my 401(k) account:
2a should be 0 or whatever the gains are between when you contributed and when it was distributed.
Then box 5 should be the amount you contributed.

i don't know anything about 401(a)'s so i can't comment.