Search found 913 matches

by corn18
Sat Sep 22, 2018 8:00 am
Forum: Personal Consumer Issues
Topic: iPhone XS Max
Replies: 191
Views: 11618

Re: iPhone XS Max

I wouldn't buy an XS with my money but megacorp is sending me an XS MAX next week, so I'll be happy to use it.
by corn18
Sat Sep 22, 2018 7:49 am
Forum: Personal Finance (Not Investing)
Topic: Moving to Dallas, how to establish residency
Replies: 47
Views: 2751

Re: Moving to Dallas, how to establish residency

For reference, my work location is right next to Six Flags just NW of the 360/I30 exchange.
by corn18
Thu Sep 20, 2018 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to Dallas, how to establish residency
Replies: 47
Views: 2751

Re: Moving to Dallas, how to establish residency

For ref, I am excited about becoming a TX resident as I won't have to pay state or local taxes. That will mean 6% less tax which is an increase of $41k take home. My wife already has plans for that. Don't get too excited unless you've already done the math on property taxes for your eventual home p...
by corn18
Thu Sep 20, 2018 3:20 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to Dallas, how to establish residency
Replies: 47
Views: 2751

Re: Moving to Dallas, how to establish residency

Westlake/Southlake is very nice and very upscale. Not a bad place to live. Might move out towards Kellor which is lovely. If I had to do it over, I would have gone that direction. If you aren't planning on living there for a long long time, don't buy. It will kill you in property tax alone. Conside...
by corn18
Thu Sep 20, 2018 12:25 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to Dallas, how to establish residency
Replies: 47
Views: 2751

Re: Moving to Dallas, how to establish residency

Kids are out of the nest so no issues there. The one is at an in state school but she will remain qualified (she’s a junior this year). Wife does not work so no income on her side. qualified? what does that mean? For The Ohio State University, once she completed her first year as an in state reside...
by corn18
Thu Sep 20, 2018 11:56 am
Forum: Personal Finance (Not Investing)
Topic: Moving to Dallas, how to establish residency
Replies: 47
Views: 2751

Re: Moving to Dallas, how to establish residency

Official guide from the state of Texas https://www.dps.texas.gov/internetforms/Forms/DL-5.pdf I did this and I guess I would ask what is your issue that you are trying to solve for? If your company carries you on the roles as a Texas resident and you do normal things like get a license, establish a...
by corn18
Thu Sep 20, 2018 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Moving to Dallas, how to establish residency
Replies: 47
Views: 2751

Re: Moving to Dallas, how to establish residency

Kids are out of the nest so no issues there. The one is at an in state school but she will remain qualified (she’s a junior this year). Wife does not work so no income on her side.
by corn18
Thu Sep 20, 2018 5:08 am
Forum: Personal Finance (Not Investing)
Topic: Moving to Dallas, how to establish residency
Replies: 47
Views: 2751

Re: Moving to Dallas, how to establish residency

I don’t think the contact time in Ohio applies when you are changing residence. In other words, you can be a Part year resident of Ohio for 9 months and of TX for 3 months. The contact days applies if you want to be a non resident of Ohio for all of 2018. You would want to keep track of the part of...
by corn18
Wed Sep 19, 2018 10:32 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to Dallas, how to establish residency
Replies: 47
Views: 2751

Re: Moving to Dallas, how to establish residency

For ref, I am excited about becoming a TX resident as I won't have to pay state or local taxes. That will mean 6% less tax which is an increase of $41k take home. My wife already has plans for that. Don't get too excited unless you've already done the math on property taxes for your eventual home p...
by corn18
Wed Sep 19, 2018 9:57 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to Dallas, how to establish residency
Replies: 47
Views: 2751

Re: Moving to Dallas, how to establish residency

For ref, I am excited about becoming a TX resident as I won't have to pay state or local taxes. That will mean 6% less tax which is an increase of $41k take home. My wife already has plans for that.
by corn18
Wed Sep 19, 2018 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to Dallas, how to establish residency
Replies: 47
Views: 2751

Re: Moving to Dallas, how to establish residency

Thanks JBTX, that is what I had found as well. I think I am on the right track. I use USAA which is in TX, so that helps. I think I will do a complete address change to my executive apartment (we rarely get useful mail anyway). https://www.dps.texas.gov/DriverLicense/ApplyforLicense.htm How to apply...
by corn18
Wed Sep 19, 2018 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to Dallas, how to establish residency
Replies: 47
Views: 2751

Re: Moving to Dallas, how to establish residency

Just got a position in Dallas, TX with the same company (finally). Currently live in OH. I will be getting an executive apartment for the rest of this year in the Dallas area. Will sell house in Jan and wife will follow. We plan to rent a house in the Dallas area. I would like to establish residenc...
by corn18
Wed Sep 19, 2018 9:17 pm
Forum: Personal Finance (Not Investing)
Topic: Moving to Dallas, how to establish residency
Replies: 47
Views: 2751

Moving to Dallas, how to establish residency

Just got a position in Dallas, TX with the same company (finally). Currently live in OH. I will be getting an executive apartment for the rest of this year in the Dallas area. Will sell house in Jan and wife will follow. We plan to rent a house in the Dallas area. I would like to establish residency...
by corn18
Mon Sep 17, 2018 6:22 pm
Forum: Investing - Theory, News & General
Topic: Is there such thing as saving TOO much?
Replies: 78
Views: 6745

Re: Is there such thing as saving TOO much?

For the record, I do spend money on things I enjoy. I usually take 1-2 trips per year. Usually to the western US..I live with my father. I pay him rent, but not as much as it would be if I were renting an apartment. I enjoy living with him and helping him with things around the house, and he enjoys...
by corn18
Mon Sep 17, 2018 11:28 am
Forum: Investing - Help with Personal Investments
Topic: Does cash at Ally count in my asset allocation?
Replies: 22
Views: 1890

Re: Does cash at Ally count in my asset allocation?

I don't include money that is part of my budget in my asset allocation. This is my approach as well. I have cash for: EF, car, college, vacation and a house down payment. Right now, it's pretty big with the last in college, might need a new car in 3 years, wife planning an African safari and us sav...
by corn18
Sun Sep 16, 2018 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: Can I have an oversized emergency savings account?
Replies: 19
Views: 2129

Re: Can I have an oversized emergency savings account?

What does your Investment Policy Statement (IPS) say you should do? Mine says this about excess cash: Military Pension: Cash savings to be used to refill EF, if required, or save for new car, home repair, etc. If not required for any of these functions by Feb of each year, then invest any amount ove...
by corn18
Sat Sep 15, 2018 8:45 am
Forum: Investing - Theory, News & General
Topic: Help w/ large annual bonus
Replies: 16
Views: 1883

Re: Help w/ large annual bonus

I follow my IPS: Restricted Stock Units (RSU): When RSU's vest, sell immediately and invest the money in a lump sum in accordance with my Asset Allocation (AA) in my taxable retirement account. Bonus: Invest entire bonus each year in a lump sum in accordance with my Asset Allocation (AA) in my taxab...
by corn18
Fri Sep 14, 2018 8:31 pm
Forum: Investing - Theory, News & General
Topic: ESOP, Options, Restricted Shares holders: When do you sell?
Replies: 21
Views: 1005

Re: ESOP, Options, Restricted Shares holders: When do you sell?

I get RSU's and sell immediately and invest according to my AA. RSU's are just more income to me. If I think about them any other way, I get cornfused and am liable to do something stupid.
by corn18
Thu Sep 13, 2018 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?
Replies: 118
Views: 11099

Re: If you're FI, or close to FI, are still fighting to climb the Corp. Ladder?

20 years in the Navy as a pilot and I was always chasing the next step in my career. Retired @ 20 years because the flying jobs dried up. I left for a business development (BD) job at defense megacorp and started climbing the ladder. Made it to VP BD @ the $5B level and then made the jump to Preside...
by corn18
Wed Sep 12, 2018 7:56 am
Forum: Investing - Theory, News & General
Topic: Argument for taking social security before 70. Comments?
Replies: 111
Views: 7400

Re: Argument for taking social security before 70. Comments?

Me 52, wife 48. Wife has no benefits on her own. Taking SS early or late seems like a wash in most of my calculations. Six one way, half dozen the other. As long as I (the wage earner) am still alive. If I die first, delaying SS as long as possible really helps out DW a lot. So that makes it easy fo...
by corn18
Tue Sep 11, 2018 8:37 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area housing frenzy cooling
Replies: 120
Views: 17801

Re: Bay Area housing frenzy cooling

All signs are pointing to another bubble. We have a combined housing and stock market bubble forming. FOMC have not been increasing the funding rate fast enough. It is only a matter of when and how deep the burst of the bubble will be. If the FOMC does 2 more .25 point rate hikes, the 2/10 yield cu...
by corn18
Tue Sep 11, 2018 8:35 pm
Forum: Investing - Help with Personal Investments
Topic: Going off-track of asset allocation due to high savings rate
Replies: 47
Views: 2832

Re: Going off-track of asset allocation due to high savings rate

I do think about buying an Audi R8 V10 convertible each year, but then I read my IPS and it gets me back on track. Corn18, I thought your weak spot was watches It was. I sold all of them but 2 custom Bremonts and my G-Shock. Now I am lusting after supercars. The new Tesla roadster looks very cool.
by corn18
Tue Sep 11, 2018 4:38 pm
Forum: Investing - Help with Personal Investments
Topic: Going off-track of asset allocation due to high savings rate
Replies: 47
Views: 2832

Re: Going off-track of asset allocation due to high savings rate

The point isn't if your AA is reasonable, that's up to you to decide. The issue is you aren't willing to follow an IPS. That might work out fine, or it might not. What will you do if a bear comes along and starts attacking your portfolio? Wing it? Or follow your IPS? Just put new money in according ...
by corn18
Tue Sep 11, 2018 11:38 am
Forum: Investing - Theory, News & General
Topic: I found this informative about the next possible crisis
Replies: 22
Views: 4587

Re: I found this informative about the next possible crisis

I need to read these sky is falling articles to help keep me @ 60/40. To read here (and other fora), I am an idiot for not being 100% equities, leveraged 3x and buying real estate so I can increase my leverage even more.
by corn18
Mon Sep 10, 2018 9:58 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 277
Views: 26393

Re: U.S. stocks continue to soar!

Eeeeaaagllllle! (Scrubs reference)
by corn18
Mon Sep 10, 2018 8:33 am
Forum: Investing - Theory, News & General
Topic: I found this informative about the next possible crisis
Replies: 22
Views: 4587

Re: I found this informative about the next possible crisis

Interesting article. Seems there will always be the seedy side of debt that will always find a way to flourish and collapse.
by corn18
Sun Sep 09, 2018 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: RSU tax payment question - Sell to Cover or Pay Cash
Replies: 3
Views: 417

Re: RSU tax payment question - Sell to Cover or Pay Cash

Really no difference in the two approaches if you plan to sell within a year anyway. If you plan to keep them and want to maximize the number of shares you hold, then cash to cover would be the better option. Why do you want to hold on to your company stock? Just curious as I do not and sell it the ...
by corn18
Sun Sep 09, 2018 6:13 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else playing catch-up in their 40's?
Replies: 68
Views: 7155

Re: Anyone else playing catch-up in their 40's?

We had a negative net worth until I was 48 due to living way above my means. $150k of consumer debt and no savings and an upside down house. Plus we were spending about $3k more per month than we were making. We got that all straightened out 5 years ago (me age 48), paid off all the debt, reduced s...
by corn18
Sun Sep 09, 2018 5:53 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area housing frenzy cooling
Replies: 120
Views: 17801

Re: Bay Area housing frenzy cooling

sunspotzsz wrote:
Sun Sep 09, 2018 5:42 pm
remember this time 2016? There was a cooling as well. What happened after?
If we stayed the course, we made a lot of money.
by corn18
Sun Sep 09, 2018 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Bay Area housing frenzy cooling
Replies: 120
Views: 17801

Re: Bay Area housing frenzy cooling

All signs are pointing to another bubble. We have a combined housing and stock market bubble forming. FOMC have not been increasing the funding rate fast enough. It is only a matter of when and how deep the burst of the bubble will be. If the FOMC does 2 more .25 point rate hikes, the 2/10 yield cu...
by corn18
Sun Sep 09, 2018 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else playing catch-up in their 40's?
Replies: 68
Views: 7155

Re: Anyone else playing catch-up in their 40's?

We had a negative net worth until I was 48 due to living way above my means. $150k of consumer debt and no savings and an upside down house. Plus we were spending about $3k more per month than we were making. We got that all straightened out 5 years ago (me age 48), paid off all the debt, reduced sp...
by corn18
Sun Sep 09, 2018 9:34 am
Forum: Personal Finance (Not Investing)
Topic: Bored
Replies: 56
Views: 9428

Re: Bored

I'm with you on the bored part. The main elements have been covered already: 1. Write an IPS 2. Estate planning 3. Evaluate life insurance 4. College savings I have been exploring the fringes lately and looking closer at retirement scenarios. I think I have a good handle on spending in retirement. T...
by corn18
Sat Sep 08, 2018 4:47 pm
Forum: Investing - Theory, News & General
Topic: D. E. Shaw fund prospectus - would you invest?
Replies: 35
Views: 2205

Re: D. E. Shaw fund prospectus - would you invest?

Maybe they could sell derivatives on this fund and leverage those up. And then swap them at a discount.
by corn18
Sat Sep 08, 2018 7:37 am
Forum: Personal Finance (Not Investing)
Topic: House strategy approaching FI and maybe RE
Replies: 9
Views: 1219

Re: House strategy approaching FI and maybe RE

What are your retirement plans? Are you planning a vagabond type lifestyle? Are you interested in staying more than a few years in the DFW area? Keep in mind the DFW airport is a decent place to explore and start your travel adventures from. Texas is tax friendly for retirees. Unfortunately, we don...
by corn18
Fri Sep 07, 2018 10:53 am
Forum: Personal Finance (Not Investing)
Topic: House strategy approaching FI and maybe RE
Replies: 9
Views: 1219

Re: House strategy approaching FI and maybe RE

You could also 'hedge' a bit: 200K down, 50K set aside short term, 250K invest long term (or different amounts same idea) I think this is where we will end up. I'll get to $200k in the house fund and decide that's enough and put the rest into my 60/40 portfolio. OP, 1) Please note that you need to ...
by corn18
Fri Sep 07, 2018 9:52 am
Forum: Personal Finance (Not Investing)
Topic: House strategy approaching FI and maybe RE
Replies: 9
Views: 1219

Re: House strategy approaching FI and maybe RE

Congrats. Not the expert but you might consider CD or TIPS ladders to meet your 2-4 year time frame. I assume you have looked on Zillow and consider the housing market in Dallas. The market has been pretty hot over the last 1-2 years and may be cooling just a tad. If you are going to rent first (wi...
by corn18
Thu Sep 06, 2018 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: House strategy approaching FI and maybe RE
Replies: 9
Views: 1219

House strategy approaching FI and maybe RE

I am going through scenarios for housing as I approach Financial Independence (FI) and maybe Retire Early (RE) Current state: Age 52 (DW 48). FI expected @ 55 (2021). Own home: $500k value, $435k mortgage @ 3.75%. Near future (next 3 years): I am relocating for a new job at the end of this year to t...
by corn18
Fri Aug 31, 2018 1:15 pm
Forum: Investing - Theory, News & General
Topic: Early retirement and withdrawal strategy for retirement accounts
Replies: 26
Views: 3017

Re: Early retirement and withdrawal strategy for retirement accounts

Maybe i-ORP.com can help you out? I used it for the first time this year and it layed out a a path to get me from 55 to 59.5 without doing 72t and doing tIRA conversions. This resulted in no need for 72t AND no RMDs as I should be able to convert all of my tax advantaged accounts prior to 72. Win Win.
by corn18
Fri Aug 31, 2018 8:40 am
Forum: Investing - Theory, News & General
Topic: Today in market history
Replies: 6
Views: 667

Re: Today in market history

...and begins the live demonstration that any success in active fund management is due 100% to temporary luck and not talent, and will not beat the index fund over the long term. Every time I listen to some fool with Bloomberg or Squawk Box interview some fund "expert" or read the business pages on...
by corn18
Wed Aug 29, 2018 7:48 pm
Forum: Investing - Theory, News & General
Topic: Tax consequence of BND really that bad in taxable?
Replies: 24
Views: 2117

Re: Tax consequence of BND really that bad in taxable?

I put all my bonds in tax advantaged to minimize the growth and taxes I have to pay later. I am hoping my plan works, and iORP supports it. My taxable is growing like crazy right now with 100% total stock and international index funds. Those gains I hope to withdraw @ 0% cap gains rate when I retire...
by corn18
Wed Aug 29, 2018 7:20 pm
Forum: Investing - Theory, News & General
Topic: Tax consequence of BND really that bad in taxable?
Replies: 24
Views: 2117

Re: Tax consequence of BND really that bad in taxable?

Do you have any 401k or tIRA space available?
by corn18
Wed Aug 29, 2018 4:03 pm
Forum: Investing - Theory, News & General
Topic: Diminishing Proportion of Returns with Stocks
Replies: 23
Views: 1414

Re: Diminishing Proportion of Returns with Stocks

Are you trying to create this graph?

Image
by corn18
Wed Aug 29, 2018 3:52 pm
Forum: Investing - Theory, News & General
Topic: Just put $100K into TUR. Analysis inside
Replies: 71
Views: 3240

Re: Just put $100K into TUR. Analysis inside

I do not think TUR can go back to $77 any time soon given the currency devaluation. A more realistic assumption from today's "fresh start" is $40-50. A good proxy is EGPT, the Egypt ETF from Global X. Egypt devalued (as well as shut down their stock market for a few months). EGPT is up 50% since do...
by corn18
Wed Aug 29, 2018 1:50 pm
Forum: Investing - Theory, News & General
Topic: Just put $100K into TUR. Analysis inside
Replies: 71
Views: 3240

Re: Just put $100K into TUR. Analysis inside

OP, you ever wrong? If not, you shouldn't be wasting your time on an indexing forum. Buy a yacht and enjoy your riches. :sharebeer

BTW, why only $100k?
by corn18
Wed Aug 29, 2018 11:48 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 6846
Views: 1496635

Re: U.S. stocks in freefall

WHeeeeeee!!!!!!!!

Image
by corn18
Wed Aug 29, 2018 11:24 am
Forum: Personal Consumer Issues
Topic: How much a buffer zone in your estimate of retirement expenses?
Replies: 64
Views: 3006

Re: How much a buffer zone in your estimate of retirement expenses?

I have tracked our expenses closely for the past 3 years. Plan to retire in 3 years @ 55. I cannot answer your questions as the answers are unknowable. But I can show what I am doing to try to plan for those variables: $75k - base budget. Covers all needs, known health care costs, no travel, no lump...
by corn18
Wed Aug 29, 2018 8:55 am
Forum: Investing - Help with Personal Investments
Topic: 2018 August - Dollar Cost Averaging vs LumpSum of 420k
Replies: 39
Views: 2891

Re: 2018 August - Dollar Cost Averaging vs LumpSum of 420k

30% in the market today, 70% dollar cost averaged into your asset allocation over the next year. Btw, you should review your current allocation as if this lump sum amount is making you nervous what about the dollars you actually have invested today? My guess is you aren’t “fine” with it either. I l...
by corn18
Tue Aug 28, 2018 11:27 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Widower's limit (RIB-LIM)
Replies: 9
Views: 811

Re: Social Security Widower's limit (RIB-LIM)

If I take SS @ 62 and then die, my wife could start taking SS when she is 60 (at a reduced amount, she is 4 years younger than I). Without the above 82.5% rule, she would be entitled to $15,556 / year in survivor benefits. With the above rule, she is entitled to $25,641. I backed out your PIA as $2...
by corn18
Tue Aug 28, 2018 11:24 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Widower's limit (RIB-LIM)
Replies: 9
Views: 811

Re: Social Security Widower's limit (RIB-LIM)

If I take SS @ 62 and then die, my wife could start taking SS when she is 60 (at a reduced amount, she is 4 years younger than I). Without the above 82.5% rule, she would be entitled to $15,556 / year in survivor benefits. With the above rule, she is entitled to $25,641. Am I correct in my interpre...
by corn18
Tue Aug 28, 2018 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Social Security Widower's limit (RIB-LIM)
Replies: 9
Views: 811

Social Security Widower's limit (RIB-LIM)

I finally got around to completing the "I'm dead" portion of my finance spreadsheet to account for loss of pension and SS benefits. I use that to see if my wife will be a pauper when I die. I found this interesting with regards to SS survivor benefits: If your deceased spouse had already begun benef...