Search found 851 matches

by junior
Wed Nov 13, 2019 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: adult child moving back
Replies: 29
Views: 3740

Re: adult child moving back

Quote from a family friend's middle child, who was on the six ... or seven .... year college plan living at home: "The best thing that ever happened to me was dad kicking me out of the house." On the other hand, a parent in denial about their kid's disability is setting everyone up for disappointme...
by junior
Tue Nov 12, 2019 12:06 pm
Forum: Personal Investments
Topic: TSP question
Replies: 6
Views: 659

Re: TSP question

My brother is a Federal Employee. He has all his money in the C and S funds. He is 54 months away from retirement. He recently asked my on his situation. He thinks he is too aggressive this close to retirement, and if the market tanks, he is in trouble. He wants to transfer all of his money to the ...
by junior
Thu Nov 07, 2019 8:12 pm
Forum: Personal Investments
Topic: Is there any vanguard fund similar to Target Retirement NOT so intl heavy??
Replies: 15
Views: 1402

Re: Is there any vanguard fund similar to Target Retirement NOT so intl heavy??

Feel free to chime in one why you think such a large international component is wiser. thank you! Vanguard thinks it's wiser. That means a lot to me... and not a lot to some other folks who think they know better than all the people who make these target date funds at various companies. If you thin...
by junior
Wed Nov 06, 2019 10:56 am
Forum: Investing - Theory, News & General
Topic: Why shouldn't I buy a Dow Jones index fund instead of TSM or the S&P?
Replies: 20
Views: 1286

Re: Why shouldn't I buy a Dow Jones index fund instead of TSM or the S&P?

I know Sears was dropped from the DOW in 1999. I wonder if the cherry-picked date excludes losses from that garbage company.
by junior
Wed Nov 06, 2019 9:01 am
Forum: Personal Finance (Not Investing)
Topic: Federal Dental and Vision insurance - Opt out?
Replies: 6
Views: 578

Re: Federal Dental and Vision insurance - Opt out?

Hello all, We are a family of four with two toddlers under 3 yrs old and no major health issues. I have an upcoming dental implant procedure this year for a tooth that was pulled ~4 months ago - this procedure may extend to next year with a temporary filling, refitting with new implant and so forth...
by junior
Tue Nov 05, 2019 10:04 pm
Forum: Investing - Theory, News & General
Topic: Saudi Aramco, a microcosm of International Equities issues.
Replies: 26
Views: 1453

Re: Saudi Aramco, a microcosm of International Equities issues.

Saudi Aramco is set to go IPO, with valuations going anywhere from 1.2 Trillion to 2 Trillion. Personally, I don't believe international equity markets are efficient...at all. In the past I have posted red-flags when it came to investing in China, Japan, and I will later post what I believe to be s...
by junior
Tue Nov 05, 2019 11:46 am
Forum: Personal Consumer Issues
Topic: Cars outside Apt broken into- Recommendation on Easy, Affordable Security System for Apartment
Replies: 17
Views: 1262

Re: Help Please- Recommendation on Easy, Affordable Security System for Apartment

I doubt you can get out of the lease without a cost. Basically the apartment would have to be uninhabitable to get out of a lease and a car being broken into doesn't make it so. Can't help on the security system but we had some cars broken into in the apartments where I live. It would never occur to...
by junior
Tue Nov 05, 2019 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Permit Pulled Without My Knowledge
Replies: 14
Views: 2159

Re: Permit Pulled Without My Knowledge

I doubt permit law has anything to do with real estate closing law. So the permit should have no impact on anything to do with the sale of the home. I don't think it will be an issue.
by junior
Mon Nov 04, 2019 12:44 pm
Forum: Personal Finance (Not Investing)
Topic: Fed dental plans in 2020: keeping, dropping or switching?
Replies: 15
Views: 1503

Re: Fed dental plans in 2020: keeping, dropping or switching?

I haven't needed emergency dental procedures in my entire adult life. Any procedure I've had was recommended upon examination but had no urgency. It might be different if I had kids but I plan to drop the dental plan. I thought the Geha plan has a dental network you're saying it does but they don't ...
by junior
Fri Nov 01, 2019 8:10 am
Forum: Personal Consumer Issues
Topic: New mattress
Replies: 101
Views: 18964

Re: New mattress

Fwiw, Also I remember the delivery guy saying that he delivered alot of them and never been called back for a return after the trial period. Some companies ask you to donate the mattress yourself with a company that picks it up and send them a receipt and don't want to pick it up again. So if this ...
by junior
Fri Nov 01, 2019 7:59 am
Forum: Personal Finance (Not Investing)
Topic: Marcus bonus: Timing of withdrawing funds
Replies: 30
Views: 2622

Re: Marcus bonus: Timing of withdrawing funds

BogleMelon wrote:
Fri Nov 01, 2019 7:25 am
When I look under "Your offer status" link from inside my account, the checkbox for
Maintain eligibility

Maintain until
10/31/2019
Is not checked!!!
Is that normal?! Anyone else?
Same for me. I hit the bonus requirement but it's not checked.
by junior
Fri Nov 01, 2019 7:50 am
Forum: Personal Investments
Topic: If I save $65,000 a year for the next 25 years
Replies: 34
Views: 4220

Re: If I save $65,000 a year for the next 25 years

Will that be enough to retire off of? 5000$/month for 25 years with 5% real return gives you 3 Mio $. So you basically double your investment over that time. OP never said he or she was going to invest the money, just save it. Maybe OP will invest it but put it all in Bitcoin and lose it all? In th...
by junior
Fri Nov 01, 2019 7:47 am
Forum: Personal Investments
Topic: If I save $65,000 a year for the next 25 years
Replies: 34
Views: 4220

Re: If I save $65,000 a year for the next 25 years

justsomeguy2018 wrote:
Thu Oct 31, 2019 6:55 pm
Will that be enough to retire off of?
Are you planning to invest the money or just dump it in a savings account?
by junior
Wed Oct 30, 2019 11:19 am
Forum: Investing - Theory, News & General
Topic: New era for TSP "I" Fund?
Replies: 70
Views: 11864

Re: New era for TSP "I" Fund?

Here's an article about the meeting on Monday. https://www.govexec.com/pay-benefits/2019/10/tsp-board-revisits-decision-broaden-international-fund/160943/ Summary? Indignation from the consultants, shoulder shrugs and hail mary's from the board members (EM ex China???), and they will discuss again ...
by junior
Tue Oct 29, 2019 12:05 pm
Forum: Personal Investments
Topic: What should a mid 30s Asset Allocation be?
Replies: 45
Views: 2295

Re: What should a mid 30s Asset Allocation be?

Well unless all diseases become cured there will always be a need for doctors. So there will always be a need for my skills. masonstone, 1) Unless you are working for free (which you do not plan to), the need may not translate into income. 2) With the amount of population that is uninsured, the abi...
by junior
Tue Oct 29, 2019 9:20 am
Forum: Personal Investments
Topic: What should a mid 30s Asset Allocation be?
Replies: 45
Views: 2295

Re: What should a mid 30s Asset Allocation be?

So one of the things I think about is what should my AA be. As a background I have a net worth of $2.5 million and a low 7 figure income. About 1/3 of my worth is in a commercial building and the rest is in VTSAX. I'm thinking that I should start putting some money into bonds but I'm hesitant due t...
by junior
Fri Oct 25, 2019 6:20 pm
Forum: Personal Finance (Not Investing)
Topic: First Republic Bank doesn’t have physical coins
Replies: 76
Views: 4866

Re: First Republic Bank doesn’t have physical coins

I use coins to pay for parking at the train station when I commute to work. There is no electronic option. A bank that gives out coins is essential. I also need them if I need to use a heavy duty washing machine at the laundromat if I'm washing something where a commercial laundry machine is recomme...
by junior
Fri Oct 25, 2019 8:05 am
Forum: Personal Investments
Topic: Chase $750 for depositing 75K
Replies: 88
Views: 13766

Re: Chase $750 for depositing 75K

My local branch says that you can't use any kind of retirement fund to meet the 75,000. Do any of you guys know if that's true? And if that is the case, do you guys recommend that I simply bring in $75,000 and plunk it down into the sapphire savings account? I don't really get how the You Invest sy...
by junior
Wed Oct 23, 2019 12:20 pm
Forum: Personal Consumer Issues
Topic: Sharing my camry 2011 overall/annual ownership costs.
Replies: 19
Views: 1186

Re: Sharing my camry 2011 overall/annual ownership costs.

- A new 2019 Camry can be had for ~$22K and would cost 8.1 cents/mile Edmunds estimates in 5 years of ownership the cheapest new Camry driven for 75,000 miles would cost $36,815, which includes depreciation (it does also assume financing costs). This would be 49 cents per mile. https://www.edmunds....
by junior
Wed Oct 23, 2019 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Cash Back Bonuses - Race to $10k
Replies: 28
Views: 5161

Re: Cash Back Bonuses - Race to $10k

MotoTrojan wrote:
Wed Oct 23, 2019 1:35 am

Amex Delta Gold ($470)

Doesn't this just pay in airline points? You can't fund an index fund with that.
by junior
Tue Oct 22, 2019 8:12 pm
Forum: Personal Finance (Not Investing)
Topic: Ok to go without health insurance?
Replies: 209
Views: 11548

Re: Ok to go without health insurance?

dual wrote:
Tue Oct 22, 2019 6:55 pm
He could clear his debts through bankruptcy
Not clear that a high earning doctor would be eligible for bankruptcy, you could certainly talk to a lawyer, but this is a massive assumption.
by junior
Tue Oct 22, 2019 10:57 am
Forum: Personal Finance (Not Investing)
Topic: Ok to go without health insurance?
Replies: 209
Views: 11548

Re: Ok to go without health insurance?

This is like asking "I have a net worth of 5 million dollars, is it okay to gamble a million dollars on blackjack?"

My answer is, it's a really stupid idea, and I can't imagine why someone would want to do this, but you can afford to, so go ahead.
by junior
Sat Oct 19, 2019 9:00 am
Forum: Investing - Theory, News & General
Topic: John Bogle’s formula says 1% real stock returns likely over next decade
Replies: 187
Views: 19812

Re: John Bogle’s formula says 1% real stock returns likely over next decade

I have a question for HomerJ, and those advocating for CAPE10. So right now, I'm at 100% stocks and am holding for the long term. It's nice, but it's alot of heartache sometimes and alot of sitting around doing nothing. Can I get a better return by getting out of the market or moving into bonds whe...
by junior
Sat Oct 19, 2019 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Homebuyer wants me to do a 1031 exchange. Um, what?
Replies: 81
Views: 8483

Re: Homebuyer wants me to do a 1031 exchange. Um, what?

I'm selling a home. It's under contract and we are supposed to close in about a week. Today the buyer said he wants me to sign an "Exchange Addendum" which states that he intends to purchase the home as structured under Section 1031 of the Internal Revenue Code. Even after some googling, I don't re...
by junior
Thu Oct 17, 2019 5:14 pm
Forum: Investing - Theory, News & General
Topic: $2,467 is a minimum emergency fund
Replies: 36
Views: 7750

Re: $2,467 is a minimum emergency fund

I edited my post: if you have enough wealth to survive a great depression with a 100 percent equity portfolio and no emergency fund then go for it. But if you are low income, your math doesn't account for the heavy risk that comes with 100 percent equity portfolio and no emergency fund. Also the ina...
by junior
Thu Oct 17, 2019 4:03 pm
Forum: Investing - Theory, News & General
Topic: $2,467 is a minimum emergency fund
Replies: 36
Views: 7750

Re: $2,467 is a minimum emergency fund

If you find yourself unable to retire at 70 because your 6-month emergency fund generated enough cash drag to create a 5-year deficiency in your retirement fund, send the bill to junior. An emergency fund is not magic, it's simple math. Cost of selling = transaction costs (around 0.1%) + adverse se...
by junior
Wed Oct 16, 2019 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Prenuptial agreement for moderately successful 30 year olds
Replies: 68
Views: 5001

Re: Prenuptial agreement for moderately successful 30 year olds

Hers - $175k in assets. No debt. $105k salary. His - $825k plus about $100k of equity in our $325k house that I've lived in for 7 years. No debt aside from mortgage. $120k salary. I am no expert, but doesn't sound like a prenup is needed for this situation. Since you both earn similar amounts, then...
by junior
Wed Oct 16, 2019 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Prenuptial agreement for moderately successful 30 year olds
Replies: 68
Views: 5001

Re: Prenuptial agreement for moderately successful 30 year olds

You asked the wrong question.

You should have asked "What are the advantages and disadvantages of a prenup?"

Since you've already decided on one the only question that remains is How can the couple write a prenup they are okay with?

Only the couple can answer that one.
by junior
Wed Oct 16, 2019 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Prenuptial agreement for moderately successful 30 year olds
Replies: 68
Views: 5001

Re: Prenuptial agreement for moderately successful 30 year olds

I believe the lawyer will tell you that you each need separate lawyers before signing any prenup, one to represent each of you. Just a heads up.
by junior
Tue Oct 15, 2019 12:57 pm
Forum: Investing - Theory, News & General
Topic: $2,467 is a minimum emergency fund
Replies: 36
Views: 7750

Re: $2,467 is a minimum emergency fund

If you find yourself unable to pay your mortgage after losing your job and running through a 1 month emergency fund, send the bill to professors Gallagher and Sabat.
by junior
Fri Oct 04, 2019 5:52 pm
Forum: Personal Finance (Not Investing)
Topic: Public Service Loan Forgiveness - Non Profit employees
Replies: 36
Views: 1755

Re: Public Service Loan Forgiveness - Non Profit employees

I'm on track to get my wife's $235K (you read that correctly) loans forgiven tax-free in three more years under PSLF. I've made it my part time job to completely understand every nuance of the program over the years. That said, there's some advice given in this thread (and in sensationalist article...
by junior
Fri Oct 04, 2019 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: Public Service Loan Forgiveness - Non Profit employees
Replies: 36
Views: 1755

Re: Public Service Loan Forgiveness - Non Profit employees

As campy points out above, if your income is too high, your payment will be set so high in the program that your loans would get paid off before the 10-year mark. This is not true under the income based repayment plan. If you income is too high you will be billed under the standard 10 year payment ...
by junior
Fri Oct 04, 2019 1:07 pm
Forum: Personal Finance (Not Investing)
Topic: Public Service Loan Forgiveness - Non Profit employees
Replies: 36
Views: 1755

Re: Public Service Loan Forgiveness - Non Profit employees

As campy points out above, if your income is too high, your payment will be set so high in the program that your loans would get paid off before the 10-year mark. This is not true under the income based repayment plan. If you income is too high you will be billed under the standard 10 year payment ...
by junior
Thu Oct 03, 2019 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Is LLC needed for part time job?
Replies: 16
Views: 1429

Re: Is LLC needed for part time job?

I have my LLC for my physical therapy practice but will be starting a federal job soon. I have a small part time job where I go to one facility and offer some massage and ergonomic advice which I will retain in addition to my new job. I live in Pennsylvania where a professional LLC costs $500 per y...
by junior
Thu Oct 03, 2019 6:38 pm
Forum: Personal Finance (Not Investing)
Topic: Is LLC needed for part time job?
Replies: 16
Views: 1429

Re: Is LLC needed for part time job?

I have my LLC for my physical therapy practice but will be starting a federal job soon. I have a small part time job where I go to one facility and offer some massage and ergonomic advice which I will retain in addition to my new job. I live in Pennsylvania where a professional LLC costs $500 per y...
by junior
Thu Oct 03, 2019 6:03 pm
Forum: Personal Finance (Not Investing)
Topic: [When my children marry, should they sign a pre-nuptial agreement?]
Replies: 95
Views: 7974

Re: Daddy I'm engaged! Pre-nup?

I read recently that parents should consider having their engaged kids sign a prenup and should have this discussion before they are even in a serious relationship. Any thoughts or experience on the matter? Thanks so much! Do you have a prenup in your marriage? I'm guessing not. To suggest it would...
by junior
Thu Oct 03, 2019 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: [When my children marry, should they sign a pre-nuptial agreement?]
Replies: 95
Views: 7974

Re: Daddy I'm engaged! Pre-nup?

I read recently that parents should consider having their engaged kids sign a prenup and should have this discussion before they are even in a serious relationship. Any thoughts or experience on the matter? Thanks so much! Do you have a prenup in your marriage? I'm guessing not. To suggest it would...
by junior
Thu Oct 03, 2019 5:25 pm
Forum: Investing - Theory, News & General
Topic: Know when to hold them and when to fold them......
Replies: 148
Views: 13852

Re: Know when to hold them and when to fold them......

Let's suppose, just suppose... your 40% or equities is near $400K and you look at M* (Morningstar) and see the last 5 years performance of Total International is 3.16% averaged as of yesterday, and Total US is 10.42%. Are you actually in danger of running out of money or are you bored and spending ...
by junior
Tue Oct 01, 2019 11:16 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire checking 1000$ offer
Replies: 13
Views: 2447

Re: Chase Sapphire checking 1000$ offer

As far as I can tell this offer is open to the public:

https://www.doctorofcredit.com/chase-sa ... unt-offer/
by junior
Tue Oct 01, 2019 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire checking 1000$ offer
Replies: 13
Views: 2447

Re: Chase Sapphire checking 1000$ offer

The much more attractive offer is the $600 on $15k. You can do both though, at least according to Doctor of Credit: "Keep in mind getting this bonus can only be done once per 12 month period, you can do a Chase checking/savings bonus every 24 months and they are on different clocks (e.g doing this ...
by junior
Tue Oct 01, 2019 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Schwab commission free vs Vanguard
Replies: 8
Views: 1469

Re: Schwab commission free vs Vanguard

With Schwab dropping commissions on all US stocks and ETFs, is there any reason to keep a brokerage account with Vanguard if Vanguard ETFs can be bought/sold at Schwab free of charge? Disadvantage of Schwab is Schwab has a $50 transfer out fee. Vanguard does not. That's all I got. I suppose they co...
by junior
Tue Oct 01, 2019 8:14 am
Forum: Personal Consumer Issues
Topic: CamScanner alternative?
Replies: 10
Views: 1246

Re: CamScanner alternative?

I switched from Camscanner to the built in scanning feature in the Dropbox app itself. Give it a shot, it works great. You just hit the little plus button and select scanning.
by junior
Tue Oct 01, 2019 7:40 am
Forum: Personal Investments
Topic: TSP: Moving out of G Fund to F?
Replies: 49
Views: 3329

Re: TSP: Moving out of G Fund to F?

Age: 41, single, no kids To me, the most perplexing part of this situation is that I can't figure out why a 41-year old person with no dependents has 20% of their retirement portfolio parked in cash to begin with. That's exactly what the TSP target date funds would suggest a 41 year old have in the...
by junior
Sun Sep 29, 2019 9:51 am
Forum: Personal Investments
Topic: TSP: Moving out of G Fund to F?
Replies: 49
Views: 3329

Re: TSP: Moving out of G Fund to F?

Background: I keep 20% of my retirement investments (between ROTH IRA and traditional TSP) in G fund; the rest is modeled on a three fund-ish portfolio approach - blend of C,G,S,I in TSP and VTIAX in ROTH (which I regret, wish I'd just done a target date in the ROTH as it really lags the TSP). Was ...
by junior
Tue Sep 24, 2019 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: What Benefits to Expect for new Fed employee?
Replies: 72
Views: 5136

Re: What Benefits to Expect for new Fed employee?

By far the biggest actual benefit is the vacation, holiday and sick time. 13 days/104 hours of sick leave per year, 10 holidays, and vacation starting with 13 days/104 hrs, going up to 20 days after 3 years, and 26 days after 15 years. And some agencies will now grant you credit for time at other c...
by junior
Fri Sep 20, 2019 10:35 pm
Forum: Personal Consumer Issues
Topic: Moisture and mold found during home inspection
Replies: 53
Views: 3153

Re: Moisture and mold found during home inspection

Sure the HOA could agree to fix. But on the other hand the HOA might blow you off and you might need to sue them or at least hire a lawyer to send threatening letters to them. (Assuming you are even correct that they are responsible). Do you really want the aggravation of dealing with the HOA when y...
by junior
Wed Sep 18, 2019 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: Condo HOA in disclosure $35 more than MLS
Replies: 12
Views: 1021

Re: Condo HOA in disclosure $35 more than MLS

What do you mean $35 could cover 5k? If you mean over the life of ownership of the property, HOA dues can go up every year. At most you are out the amount you'd pay till they set dues for next year. You are not guaranteed any particular dues amount for future years. If their fiscal year doesn't star...
by junior
Wed Sep 18, 2019 7:34 am
Forum: Personal Finance (Not Investing)
Topic: Helping elderly parents manage finances - pros and cons
Replies: 62
Views: 5194

Re: Helping elderly parents manage finances - pros and cons

These threads have convinced me that I'm getting PAS when I turn 80 whether I think I need it or not. Does Vanguard really offer the level of service someone with moderate cognitive decline would want or need? Wouldn't most people want to meet someone in person? Isn't Vanguard just an over the phon...
by junior
Fri Sep 13, 2019 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Whistleblowing / Going Rogue at Work
Replies: 122
Views: 6416

Re: Whistleblowing / Going Rogue at Work

Just going by the few details we have you aren't actually a whistleblower or someone who has gone rogue. You are just someone who has been anonymously going over your bosses head. How important is this job to you? It's hard to see the upside to going to the meeting.
by junior
Wed Sep 11, 2019 11:36 am
Forum: Personal Investments
Topic: need help with strategy to sort out parent's finances
Replies: 28
Views: 3581

Re: need help with strategy to sort out parent's finances

If you handle your parents portfolio what will happen if the stock market crashes? Will it cause stress on your relationship or are they able to handle such a crash? One reason you might try to move them to a better advisor instead of handling it yourself is there'd hopefully be less stress on your ...