Search found 272 matches

by Strayshot
Tue Nov 21, 2017 9:06 am
Forum: Investing - Help with Personal Investments
Topic: Time for my checkup - **Warning - long post**
Replies: 16
Views: 1663

Re: Time for my checkup - **Warning - long post**

I am unclear on what your 3.9k/mo saving entails. Is this the money going into tax advantaged accounts or additional money going into taxable accounts? What is the current amount of after-tax monthly income after all budget items are paid and all tax-advantaged accounts are funded? Call this X You h...
by Strayshot
Thu Nov 16, 2017 9:38 am
Forum: Personal Finance (Not Investing)
Topic: How much to charge for nanny services on New Year's Eve?
Replies: 29
Views: 2014

Re: How much to charge for nanny services on New Year's Eve?

Why is ability for the customer to pay a certain rate even relevant? I could understand an attempt at selective pricing for a long term gig, but for a holiday evening I would go double time and call it a day. This is pretty standard practice for non-exempt hourly workers.
by Strayshot
Wed Nov 15, 2017 1:56 pm
Forum: Local Chapters and Bogleheads Community
Topic: BH recent Membership [BogleHead]
Replies: 17
Views: 1545

Re: BH recent Membership

Hopefully this means that Edward Jones “advisors” lost at least 10440 clients this year :sharebeer
by Strayshot
Mon Nov 13, 2017 11:37 am
Forum: Personal Finance (Not Investing)
Topic: $23k credit card emergency
Replies: 76
Views: 8108

Re: $23k credit card emergency

What is your credit score? It seems to me you could make immediate progress just lowering the overall rate on your debt via a personal loan (maybe 7% or so) or a couple 0% cards. Lots of good suggestions so far about lifestyle and spending changes, but if you can get the 23K debt consolidated at low...
by Strayshot
Mon Nov 13, 2017 10:56 am
Forum: Personal Finance (Not Investing)
Topic: Applying for a job: Not sure if I really want it
Replies: 10
Views: 1287

Re: Applying for a job: Not sure if I really want it

Learning new skills in a role change is good for you and is looked on favorably when considered for promotion. If you were promoting someone to a higher-level position, would you rather know they spent 10 years doing the same role or 5 years at each of two different roles? Generally I have seen peop...
by Strayshot
Mon Nov 13, 2017 10:34 am
Forum: Personal Consumer Issues
Topic: Anyone Tried Soylent?
Replies: 24
Views: 1559

Re: Anyone Tried Soylent?

Cacao is the best (taste is subjective but I think it is the best). I will use them for breakfast or on days where I know I don’t have time to actually “eat” a lunch and can just chug it so I am not starving. Amazon has had a couple good deals lately with coupons and subscribe and save.
by Strayshot
Thu Nov 09, 2017 8:42 am
Forum: Personal Consumer Issues
Topic: Coffee
Replies: 51
Views: 3861

Re: Coffee

For those interested in learning more about coffee I recommend the “Caffeinated” documentary on Netflix. Watch it on your iPad while enjoying your favorite brew.

On that note since wine came into the equation, I recommend “Somm” and its follow up documentary also on Netflix.
by Strayshot
Tue Oct 31, 2017 7:50 am
Forum: Personal Finance (Not Investing)
Topic: Will / Trust attorney fees -- how much? (quoted $2000-3000)
Replies: 35
Views: 4020

Re: Will / Trust attorney fees -- how much? (quoted $2000-3000)

Thanks for the followup reply! I was following this thread. Did you end up needing to make parallel trusts to receive the retirement assets as bsteiner had suggested? Are the trusts all testementary in nature?
by Strayshot
Thu Oct 26, 2017 8:04 am
Forum: Personal Consumer Issues
Topic: Hyatt Legal first hand experiences ? (new Employer benefit)
Replies: 14
Views: 1523

Re: Hyatt Legal first hand experiences ? (new Employer benefit)

My experience was positive, they contract with some number of local firms who do the work. Had wills, POA, and death instructions prepared all for free. They will also make updates for free. I plan to test the boundaries for what is covered because I need to set up some trusts so will see how that g...
by Strayshot
Thu Oct 19, 2017 9:16 pm
Forum: Personal Consumer Issues
Topic: Pant Recommendations (Business Casual)
Replies: 42
Views: 2761

Re: Pant Recommendations (Business Casual)

This thread cracks me up. Styleforum.net please
by Strayshot
Tue Oct 17, 2017 7:21 pm
Forum: Personal Finance (Not Investing)
Topic: Help Me Think About Roth Conversions and Retirement?
Replies: 17
Views: 1789

Re: Help Me Think About Roth Conversions and Retirement?

My numbers may be off +/- a year because I don’t know specific birthdays, but it would seem that in 2034/2035 your spouse will begin taking RMD’s and in 2035/2036 you will also begin taking RMD’s, what is the size of those RMD’s given the current size and expected growth of your accounts and based o...
by Strayshot
Tue Oct 17, 2017 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Help Me Think About Roth Conversions and Retirement?
Replies: 17
Views: 1789

Re: Help Me Think About Roth Conversions and Retirement?

Assuming you are MFJ in the 33% bracket now, you need to look at how your income (and tax impact) will change in retirement, when SS begins, and when RMD’s begin. Those are a total of 4 distinct phases (or 3 if you start SS and RMD’s in same tax year) and that is assuming both are same age. Plot out...
by Strayshot
Sun Oct 08, 2017 8:47 am
Forum: Personal Finance (Not Investing)
Topic: ALL account on Quicken?
Replies: 11
Views: 973

Re: ALL account on Quicken?

I play the "points and miles game" with credit cards, so quicken lets me see everything in one place to make life easy for my spouse and I. I also use categorization in quicken to get a "gut-check" about whether or not my charges on particular cards are getting the points they should be (3x for dini...
by Strayshot
Fri Oct 06, 2017 5:06 pm
Forum: Personal Finance (Not Investing)
Topic: Rejected for Chase Ink Business
Replies: 7
Views: 851

Re: Rejected for Chase Ink Business

You got caught by Chase's 5/24 rule, no more than 5 new cards in the last 24 months. Check out Barclaycard Aviator and go get some AA miles instead.......
by Strayshot
Fri Oct 06, 2017 5:02 pm
Forum: Personal Finance (Not Investing)
Topic: Sell or keep shares of a private company?
Replies: 39
Views: 2315

Re: Sell or keep shares of a private company?

Agreed, you said "net worth" so I figured there was a car and some possessions valued in your current $600K and figured your after tax would be ~$700K not realizing you are almost in the highest bracket already (assuming the $350K is all W2). This is probably a tech company, and I am guessing there ...
by Strayshot
Fri Oct 06, 2017 4:53 pm
Forum: Personal Finance (Not Investing)
Topic: ALL account on Quicken?
Replies: 11
Views: 973

Re: ALL account on Quicken?

I track 30 credit cards, 10 savings and checking accounts, 4 brokerage accounts, 2 401k's, and 4 IRA's in quicken.
Just as Silk mentions, I have also caught fradulent charges almost immediately in quicken. Do it.
by Strayshot
Fri Oct 06, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Sell or keep shares of a private company?
Replies: 39
Views: 2315

Re: Sell or keep shares of a private company?

If I had an opportunity to more than double the total value of my investments at such a young age I would do it in a heartbeat.
You are trading something worth "nothing" with the potential to be worth "something" for a concrete and meaningful amount of money.

My opinion is do it.
by Strayshot
Fri Oct 06, 2017 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Where should I put my money?
Replies: 15
Views: 1546

Re: Where should I put my money?

Ruralavalon hit the nail on the head. Follow the steps at the end of his/her post and you are set. :sharebeer
by Strayshot
Fri Oct 06, 2017 4:32 pm
Forum: Personal Consumer Issues
Topic: Too much house? (nervous 1st time buyer)
Replies: 57
Views: 4252

Re: Too much house? (nervous 1st time buyer)

If you are planning to find a spouse in the next 0-5 years It must be nice to be able to "plan" to find a spouse and have the universe magically oblige. For a lot of people, it doesn't work out that way. Hah! Maybe OP is celibate, or had a disastrous relationship that they never again wish to repea...
by Strayshot
Fri Oct 06, 2017 8:08 am
Forum: Personal Consumer Issues
Topic: Too much house? (nervous 1st time buyer)
Replies: 57
Views: 4252

Re: Too much house? (nervous 1st time buyer)

If you are planning to find a spouse in the next 0-5 years, I would not buy a large home as a single person. Too many variables that could make you sell and eat transaction costs.

If you are not planning on finding a spouse and have geographic job security, buy the house.
by Strayshot
Wed Sep 27, 2017 9:32 pm
Forum: Personal Consumer Issues
Topic: Sonoma in October
Replies: 56
Views: 4877

Re: Sonoma in October

Gundlach Bundschu (gund lock bun shoe) has a lot of nice Zinfandels. Actually have a few over on the wine rack I should think about drinking soon.
Arrowwood is my favorite, stop by and have a cab or a Chardonnay depending on your taste.
by Strayshot
Wed Sep 27, 2017 7:59 am
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 11776

Re: The Rolex and The Boglehead

Every once in a while these kinds of threads start. Similar questions to "should I buy a Rolex" are "should I fly business class" or "should I buy a Lexus instead of a Toyota" and they turn into a question of wants vs needs. Some BH's say "never in a million years" and others say "go for it as long ...
by Strayshot
Wed Sep 20, 2017 8:26 am
Forum: Personal Finance (Not Investing)
Topic: Please help with evaluation of whole life and term from Northwest mutual.
Replies: 18
Views: 1774

Re: Please help with evaluation of whole life and term from Northwest mutual.

If I had to go talk to a "friend" like that, I'd bring some brass knuckles and return the favor. Well, I'd be helping a dentist out of the hole he/she was in from the policy they were sold at least...... In the interest of avoiding the criminal justice system, go with the form recommended previously...
by Strayshot
Sun Sep 17, 2017 9:56 am
Forum: Personal Consumer Issues
Topic: Vanguard customer service/technology = "Bad returns in Bad times"
Replies: 37
Views: 2760

Re: Vanguard customer service/technology = "Bad returns in Bad times"

Not sure of the point of this post or how it is actionable. OP, like so many others have posted on here, has an issue with Vanguard likely due to aged and outdated backend IT but manifesting as poor customer service (or possibly some of each). OP recognizes Fidelity has no such issues, but still won...
by Strayshot
Sat Sep 09, 2017 9:58 am
Forum: Investing - Theory, News & General
Topic: "Fear of Finance?" AARP interview with Jack Bogle
Replies: 37
Views: 6177

Re: "Fear of Finance?" AARP interview with Jack Bogle

I posted about this a month ago but Taylor added many more quotes from the article. Mods can feel free to merge the threads. Wish there was a link to the article online.

viewtopic.php?f=10&t=225334
by Strayshot
Mon Sep 04, 2017 8:19 am
Forum: Personal Finance (Not Investing)
Topic: Inheritance (Day 1)
Replies: 19
Views: 3550

Re: Inheritance (Day 1)

limit the amount to each bank to just under 250K. Or stock index funds as well. Good luck. So do I take this part of Zott's post to mean that I shouldn't have more than 250k in any one place at any one time??? 250k at Fidelity, 250K at Vanguard, and etc...??? Each bank account is only covered for u...
by Strayshot
Mon Sep 04, 2017 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Couple in early 30s, any changes?
Replies: 28
Views: 3942

Re: Couple in early 30s, any changes?

No backdoor Roth? That is 11k of tax advantaged space a year you aren't using. Any deferred comp options? Mega-backdoor 401k options? If not, lobby the practice to change 401k plans, especially if it is a larger group practice where many physicians will benefit.
That's my .02
by Strayshot
Sun Aug 27, 2017 10:13 am
Forum: Personal Finance (Not Investing)
Topic: How am I doing? (Teacher Edition)
Replies: 17
Views: 2284

Re: How am I doing? (Teacher Edition)

Got it on the TIRA for the EITC. Could the TIRA then possibly be used to "hack" the savers credit and get into a higher % reimbursed space due to lower AGI? Spendiso, can you post additional tax-related info so we can run some scenarios? Things like are you taking standard deduction or itemizing (an...
by Strayshot
Sun Aug 27, 2017 9:28 am
Forum: Personal Finance (Not Investing)
Topic: How am I doing? (Teacher Edition)
Replies: 17
Views: 2284

Re: How am I doing? (Teacher Edition)

Before funding Roths (which I'm a huge fan of), educate yourself on EITC hacking. I wrote the following post on it: http://www.frugalprofessor.com/etic-guest-post-on-gocurrycracker/ With two kids and your level of income, you are a prime candidate for EITC hacking. Conventional wisdom says you shou...
by Strayshot
Sat Aug 26, 2017 8:27 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doing? (Teacher Edition)
Replies: 17
Views: 2284

Re: How am I doing? (Teacher Edition)

Thanks for the thoughtful reply. So, my pension should not be counted as part of the 15% rule? My pension is a 7% pre-tax payroll deduction. Well, there isnt an easy answer to that. The 15% "rule" comes from the aggregation of a lot of different factors that ultimately focus on retirement income. T...
by Strayshot
Sat Aug 26, 2017 10:07 am
Forum: Personal Consumer Issues
Topic: Hiring a real estate agent to buy home
Replies: 21
Views: 1811

Re: Hiring a real estate agent to buy home

I look for realtors with the nicest cars who want to drive me around to properties. In all other ways realtors are fungible given that to do the job there are no specialized skills or education. I set all the parameters for the transaction, so I don't need them for any actual thinking. Sometimes it ...
by Strayshot
Sat Aug 26, 2017 9:50 am
Forum: Personal Finance (Not Investing)
Topic: How am I doing? (Teacher Edition)
Replies: 17
Views: 2284

Re: How am I doing? (Teacher Edition)

Making the assumption that out of your entire income you have optimized your budget, it looks like you have $5500 (your Roth contribution) plus $8400 (12 x $700 surplus) plus $xxx monthly car payment available for investing. You need to save at least 15% of your gross, so the good news is it is doab...
by Strayshot
Fri Aug 25, 2017 8:39 am
Forum: Personal Consumer Issues
Topic: Crashplan for Home ending service late 2018
Replies: 100
Views: 8549

Re: Crashplan for Home ending service late 2018

I use and have been very happy with Acronis
https://www.acronis.com/en-us/

Not sure what all the requirements are for your varied needs, but at least it's a option that can be considered.
by Strayshot
Fri Aug 18, 2017 8:16 am
Forum: Investing - Help with Personal Investments
Topic: Left Financial Planner - New Baby - Looking for advice
Replies: 11
Views: 988

Re: Left Financial Planner - New Baby - Looking for advice

You already got feedback on what to do with the VUL your "friend" sold you. How is it you have 25 years remaining on 15 year term policies? With your spouses prior income the house was appropriate but now is likely too much. You are on the right track considering downsizing. All in all your situatio...
by Strayshot
Thu Aug 17, 2017 10:21 pm
Forum: Investing - Help with Personal Investments
Topic: Lost $7000 today in ONE DAY!
Replies: 183
Views: 16841

Re: Lost $7000 today in ONE DAY!

Would you feel better if it took 2 days? What about a week? What was lost? Did you sell? I saw a number I keep track of change by about 30K today. Maybe it will change again tomorrow? My biggest fiscal loss today was on a bottle of cab and a smoked pork chop :sharebeer my stomach and mental health r...
by Strayshot
Thu Aug 17, 2017 10:13 am
Forum: Personal Consumer Issues
Topic: Retired Boglehead obsession with money- devil's advocate
Replies: 66
Views: 7717

Re: Retired Boglehead obsession with money- devil's advocate

In answering the question posed by this thread, I will throw out a favorite Buffet quote: "There seems to be some perverse human characteristic that likes to make easy things difficult. It's likely to continue that way." When you have won the game, it's easy. People who have won the game probably do...
by Strayshot
Wed Aug 09, 2017 8:25 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Interview in Aug/Sep AARP Magazine
Replies: 2
Views: 1821

Jack Bogle Interview in Aug/Sep AARP Magazine

A nice brief article is in the latest AARP magazine. Nothing particularly new, Jack covers his standard perspectives on various topics (max of 20% foreign stock but Jack himself doesn't do it, etc). No links on the web I am aware of, but if you get the magazine give it a brief read before recycling....
by Strayshot
Mon Aug 07, 2017 8:59 pm
Forum: Personal Consumer Issues
Topic: Santa Fe New Mexico - recommendations
Replies: 26
Views: 2074

Re: Santa Fe New Mexico - recommendations

Ojo Calliente is a fun spot for some mud bathing or hot springs if you don't want the 10000 waves spa experience. If you will be in Albuquerque for the Tram, check out the ABQ Trolley Co tour also. The museums are nice but nothing particularly special, the biopark and aquarium are probably more fun....
by Strayshot
Sat Aug 05, 2017 3:11 pm
Forum: Investing - Help with Personal Investments
Topic: Use nondecutible IRA/401k contributions or regular taxable investment?
Replies: 4
Views: 301

Re: Use nondecutible IRA/401k contributions or regular taxable investment?

If you believe that your capital gains tax rate will be lower than your income tax rate in retirement choose taxable. If you believe that your income tax rate will be lower than your capital gains rate in retirement choose after-tax 401k. This is dramatically simplified but gets the main point of ta...
by Strayshot
Sat Aug 05, 2017 10:13 am
Forum: Local Chapters and Bogleheads Community
Topic: Your USER NAME...what does it mean?
Replies: 369
Views: 33222

Re: Your USER NAME...what does it mean?

I missed the target :oops:
by Strayshot
Thu Aug 03, 2017 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Financial checkup - nurse, lots of kids
Replies: 5
Views: 931

Re: Financial checkup - nurse, lots of kids

Agree with Megs points. You are (quite possibly) paying too much for the $650k of life insurance. I say quite possibly because I don't know your health, guessed at a Chicago zip code, and don't know what term your current policy is for. If you are in good health, checking rates on term4sale.com has ...
by Strayshot
Fri Jul 28, 2017 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie and New Parent: Help w/ Retirement and 529
Replies: 65
Views: 4875

Re: Newbie and New Parent: Help w/ Retirement and 529

In another life maybe I would have been a financial planner, appreciate the positive reinforcement! Honestly, this site (and the wiki resource attached to it) is all you really need to understand investing for retirement. My favorites are the bogleheads guides to retirement and investing, Jack's tom...
by Strayshot
Thu Jul 27, 2017 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: windfall upon job change
Replies: 10
Views: 1685

Re: windfall upon job change

You already have an emergency fund and do not mention any short-term need for the money. I'm with Compound, add it to your taxable accounts with the same asset allocation and keep on living life. The primary home mortgage doesn't matter because you're locked in for 10 years, which is a longer time h...
by Strayshot
Thu Jul 27, 2017 10:29 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie and New Parent: Help w/ Retirement and 529
Replies: 65
Views: 4875

Re: Newbie and New Parent: Help w/ Retirement and 529

I was struggling to find something like what you recommended because of the $10,000 minimum investment limit. Thank you so much for suggesting this! Also, when you said "ignoring ex-us" what does that mean? Did you happen to mean VTSAX instead of VTSMX? So a three-fund portfolio (three main categor...
by Strayshot
Thu Jul 27, 2017 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie and New Parent: Help w/ Retirement and 529
Replies: 65
Views: 4875

Re: Newbie and New Parent: Help w/ Retirement and 529

Hey Bogleheads! So I took a stab at asset allocation tonight. I am pretty excited about it, but want your opinions/suggestions. Thus far the information you all have shared has been great; I really appreciate it. Here is what I got: Value Fund Name E/R His 401k (Prudential) $53,900 Vanguard Institu...
by Strayshot
Wed Jul 26, 2017 8:29 am
Forum: Investing - Theory, News & General
Topic: Are bitcoins nonsense?
Replies: 73
Views: 5429

Re: Are bitcoins nonsense?

The first post could have been a "yes" and ended there. Bitcoin is a niche product primarily needed to facilitate large criminal transactions where cash is unwieldy outside of the reach of any regulatory body. The "exchange rate" will never stabilize and doesn't really need to as the criminals are w...
by Strayshot
Wed Jul 26, 2017 8:19 am
Forum: Investing - Help with Personal Investments
Topic: Newbie and New Parent: Help w/ Retirement and 529
Replies: 65
Views: 4875

Re: Newbie and New Parent: Help w/ Retirement and 529

Asset allocation question: Since my entire portfolio consists of: 1. His company 401k 2. His personal ROTH IRA 3. Wife's personal Roth IRA Should I consider the total value of the portfolio in either pre-tax or post-tax monies? Would it be wrong to determine % of allocation based on face value? For...
by Strayshot
Tue Jul 25, 2017 8:14 am
Forum: Investing - Help with Personal Investments
Topic: Retirement advice
Replies: 10
Views: 2428

Re: Retirement advice

Congratulations! FL is wonderful and a carribean getaway is a hop skip and a jump away. It seems that even if your non-housing expenses are several thousand a month that you will be fine. Your IRA is needed more as a hedge against inflation or large medical costs in case none of your annuities offer...
by Strayshot
Tue Jul 25, 2017 7:18 am
Forum: Personal Finance (Not Investing)
Topic: How am I doing? (dual physician household)
Replies: 45
Views: 6077

Re: How am I doing? (dual physician household)

OP, it looks like at least one of you is a shareholder in your practice. There aren't any specifics about your employment structure or specialty, but if your employers 401k's aren't structured to allow for the "mega backdoor Roth" I would strongly consider lobbying for a plan change because, as I me...
by Strayshot
Mon Jul 24, 2017 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: How am I doing? (dual physician household)
Replies: 45
Views: 6077

Re: How am I doing? (dual physician household)

Your situation is not uncommon for a 2 doc family who knows how to save instead of spend. Umm... No. Having 5 million net worth at age 40 is IMPRESSIVE for ANYONE. I am sure you didn't mean it that way, but you make it seem this is easily attainable by just being a 2 physician couple and not spendi...