Search found 277 matches

by Nearly A Moose
Mon Sep 12, 2016 4:25 pm
Forum: Personal Consumer Issues
Topic: Slicer for Sweet Potato Fries
Replies: 12
Views: 1275

Re: Slicer for Sweet Potato Fries

A sharp, high quality chef's knife. Pay a bit more than you expected to, and sharpen it often. 10" if you're an average height man, 8" or 10" if a woman. Not trying to be cheeky, but really that's all you need. The kitchen gadget industry has bent over backwards to make us think we ne...
by Nearly A Moose
Mon Sep 12, 2016 3:56 pm
Forum: Personal Finance (Not Investing)
Topic: Where to place an emergency fund
Replies: 8
Views: 1538

Re: Where to place an emergency fund

Yeah, that's dumb. It's not inappropriate yield chasing to pick the savings account with the highways interest rate when it's otherwise the same service. Mine is in Ally. No-brainier.
by Nearly A Moose
Mon Sep 12, 2016 3:51 pm
Forum: Personal Consumer Issues
Topic: Christmas gift expectations
Replies: 61
Views: 4753

Re: Christmas gift expectations

This is nuts. Just don't do it. I'm inferring other might also object to your sister's actions, so you're probably doing everyone a favor by throwing cold water on this. If you play along this year, it will make it more likely this gets repeated next year and harder for you to back out then. Tell he...
by Nearly A Moose
Fri Sep 09, 2016 2:30 pm
Forum: Personal Consumer Issues
Topic: Personal Shopper/Service for Complicated Purchases
Replies: 14
Views: 1266

Re: Personal Shopper/Service for Complicated Purchases

For the stradivarius, what about reaching out to a university with a good art history or musical arts department, or to a performing arts school? I know this is legwork and not a personal shopper tip, but I could see a music professor or university museum curator being really into the idea of helpin...
by Nearly A Moose
Thu Sep 08, 2016 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: New money
Replies: 15
Views: 1879

Re: New money

Just invest it to your target AA. 10% is a nice boost but not that much of your overall portfolio.
by Nearly A Moose
Wed Sep 07, 2016 12:41 pm
Forum: Personal Finance (Not Investing)
Topic: Inheriting lake property with 2 other siblings
Replies: 60
Views: 5189

Re: Inheriting lake property with 2 other siblings

Whether or not it was intentional, the parents have given everyone advance notice of the proposal, and now it's up to the kids to collectively or individually provide their feedback. I think it's perfectly appropriate to have a conversation with the parents (OP's wife obviously has to be part of it)...
by Nearly A Moose
Tue Sep 06, 2016 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: need help on next investment steps
Replies: 12
Views: 984

Re: need help on next investment steps

That does sound like a high car loan rate. What's your monthly payment on it? Have you thought about knocking the loan out and then using the amount you're currently paying on the loan to instead automatically invest into a taxable account (or put it into a "buy the next car in cash" fund,...
by Nearly A Moose
Tue Sep 06, 2016 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: This would be a terrible mistake, right? [Convert all IRAs]
Replies: 20
Views: 2086

Re: This would be a terrible mistake, right?

Am I also missing something? Why is he wanting to pay taxes he doesn't have to? (He can pay mine instead if he just wants to pay taxes :P ) Wouldn't he want to do that -- if doing it at all -- in a year he has a lower marginal rate, not a higher one?
by Nearly A Moose
Tue Sep 06, 2016 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Alternatives to Quicken 2016?
Replies: 58
Views: 10695

Re: Alternatives to Quicken 2016?

We got Mac Quicken last December at my insistence and moved from a previous Windows version.[....] Thanks for the feedback. I don't know where I stand in the spectrum of Bogleheads, but I'm primarily interested in using whatever software I have for analyzing my investments rather than tracking expe...
by Nearly A Moose
Tue Sep 06, 2016 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: 529 for Second Child?
Replies: 4
Views: 863

Re: 529 for Second Child?

mhalley wrote:These are what Clark Howard says are the best plans:


Thanks, seems like I'm not completely off base here.

How do folks with two kids have their 529s structured, in particular if you're going beyond your state income tax deduction limits and thus aren't tied to your particular state?
by Nearly A Moose
Tue Sep 06, 2016 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: 529 for Second Child?
Replies: 4
Views: 863

529 for Second Child?

Greetings, All. We are expecting our second child at the beginning of 2017. I wanted to check my understanding of 529s for multiple children and get feedback on my proposed strategy. We (my wife and I) currently each have a 529 with our first child as the beneficiary (so, two 529s total). We live in...
by Nearly A Moose
Tue Sep 06, 2016 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Alternatives to Quicken 2016?
Replies: 58
Views: 10695

Re: Alternatives to Quicken 2016?

I think this is relate enough not to be hijacking the thread (but Mods please move if it's a problem): are there any Mac Quicken users out there? The reviews all make it sound like a "glorified check register", which is not something I need. I'm looking for a tool to track investments acro...
by Nearly A Moose
Thu Sep 01, 2016 1:16 pm
Forum: Personal Finance (Not Investing)
Topic: Help selecting new HSA/PPO plan now that baby has arrived
Replies: 10
Views: 752

Re: Help selecting new HSA/PPO plan now that baby has arrived

I'll echo what others have said about doctors visits for a baby. You'll be there a lot. We have a toddler. I forget the first year checkup timetable, but it's something like a doctors visit at 2 days, 2 weeks, one month (maybe?), 6 months, and 1 year. There could also be some others in there, like 3...
by Nearly A Moose
Thu Sep 01, 2016 11:49 am
Forum: Investing - Help with Personal Investments
Topic: Advice re: son's inheritance
Replies: 25
Views: 2868

Re: Advice re: son's inheritance

Since some folks have gotten worried about your statement that your son is not that interested in finances (I'll admit it gave me pause but I realize it could mean different things), I think it's great he has come to you for advice. I still go to my father for feedback on major financial plans and w...
by Nearly A Moose
Thu Sep 01, 2016 11:37 am
Forum: Investing - Theory, News & General
Topic: Deadspin - A Salute to John Bogle
Replies: 16
Views: 2517

Re: Deadspin - A Salute to John Bogle

Eh, it's Deadspin, what would you expect? Think of reading any article on that site as though you were having a conversation at a sports bar with that one friend from college who never really "refined" his language. I'm personally a fan of the site and am incredibly amused that I found thi...
by Nearly A Moose
Thu Sep 01, 2016 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Has anyone bought a home with Redfin?
Replies: 35
Views: 4963

Re: Has anyone bought a home with Redfin?

This is a very interesting thread, thanks for starting it. Has anyone used Redfin to but in a HCOL area? Are they helpful in navigating situations where the homes are priced in anticipation of escalation clauses and/or in assessing how competitive offers will be? Our experience was in a HCOLA durin...
by Nearly A Moose
Fri Aug 26, 2016 8:56 am
Forum: Personal Finance (Not Investing)
Topic: High income, confused, trying to get a plan in place.
Replies: 25
Views: 3462

Re: High income, confused, trying to get a plan in place.

I don't know much about Wealthfront or Betterment but will inquire and do my due diligence. Betterment beats Wealthfront on the fee front (no pun intended) by a significant margin. It seems that otherwise they offer similar services, but I haven't used either personally. I actually got very close t...
by Nearly A Moose
Thu Aug 25, 2016 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off low-interest student loan?
Replies: 4
Views: 424

Re: Pay off low-interest student loan?

Are you to the point where you're all set in the savings/investing front and you're just trying figure out what do with a marginal $15,000? If that's the case, then do what makes you happier. I'm thinking about doing that with the rest of my student loans this year (about 12k left at 4.3%) just to b...
by Nearly A Moose
Thu Aug 25, 2016 1:34 pm
Forum: Personal Finance (Not Investing)
Topic: should a student invest for retirement?
Replies: 17
Views: 1854

Re: should a student invest for retirement?

Depends on interest rates if you are borrowing. I was borrowing at 6.8% as a student (federal rate at the time). Anything I put in the market was essentially investing on margin at 6.8%. Didn't seem like a great deal to me, even with the Roth opportunity. I think the vast majority of BH would take ...
by Nearly A Moose
Thu Aug 25, 2016 8:22 am
Forum: Personal Finance (Not Investing)
Topic: should a student invest for retirement?
Replies: 17
Views: 1854

Re: should a student invest for retirement?

If you (I'm assuming you're the student...) can get a Roth going, especially if you anticipate later having an income that would make you ineligible, consider starting and funding that. Since you can only add 5500 each year until you're much older, building that balance up could make sense. That sai...
by Nearly A Moose
Thu Aug 25, 2016 8:04 am
Forum: Investing - Help with Personal Investments
Topic: Concerned I'm investing at peak
Replies: 31
Views: 4226

Re: Concerned I'm investing at peak

Standard response to all these "at its peak" questions: when do you think you'll need this money? 30 years from now? Do you really think that in 30 years, 8/24/16 will still be the peak of the US stock market? I assume you'll say no, so invest the money worry free. You don't care one bit w...
by Nearly A Moose
Thu Aug 25, 2016 7:28 am
Forum: Investing - Help with Personal Investments
Topic: Windfall Investing Help
Replies: 10
Views: 1643

Re: Windfall Investing Help

Congrats! Consider thinking about the taxes owed as essentially money that has been lent to you by the Feds. You're their bank, so invest conservatively like one since you know exactly when they will call for their "deposit." It's not sexy, but consider splitting that amount across several...
by Nearly A Moose
Tue Aug 23, 2016 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Has anyone bought a home with Redfin?
Replies: 35
Views: 4963

Re: Has anyone bought a home with Redfin?

This is a very interesting thread, thanks for starting it. Has anyone used Redfin to but in a HCOL area? Are they helpful in navigating situations where the homes are priced in anticipation of escalation clauses and/or in assessing how competitive offers will be?
by Nearly A Moose
Mon Aug 22, 2016 3:38 pm
Forum: Personal Finance (Not Investing)
Topic: Tips for Term [determining term insurance needs]
Replies: 10
Views: 925

Re: Tips for Term [determining term insurance needs]

I recognize you asked about the stacking/laddering strategy, but a quick comment of your wife, coming from someone with a young child and a working spouse: without a spouse at home, there are a *lot* of things that have to get outsourced or that otherwise will significantly affect your ability to wo...
by Nearly A Moose
Sat Aug 20, 2016 6:59 am
Forum: Personal Finance (Not Investing)
Topic: How to fund down payment on second home.
Replies: 14
Views: 1855

Re: How to fund down payment on second home.

just finished talking to a mortgage broker for a pre-qualification. He said that we need to step up our monthly income considerably. A annual draw from retirement accounts counts less than a steady income stream even though we don't need that income from IRA/annuities. It is odd that even though we...
by Nearly A Moose
Fri Aug 19, 2016 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Debt Free - Now What
Replies: 37
Views: 3813

Re: Debt Free - Now What

Do military folks get a match on TSP contributions? . No, they don't because of the current non-contributory pension currently in effect. But there are aperiodic efforts to reform the military retirement system to make it more "civilian like". One aspect of that is good because it would p...
by Nearly A Moose
Fri Aug 19, 2016 10:33 am
Forum: Personal Finance (Not Investing)
Topic: Morningstar: "How Should Younger Investors Think About Social Security?"
Replies: 34
Views: 4454

Re: Morningstar: "How Should Younger Investors Think About Social Security?"

How should young investors think about Social Security? Mostly as a bill in my view. As you approach your 60s you can start thinking about it as an income stream. But at 25? Nope. It's just a bill like the electric bill and your state income tax bill. For the young investor, when they approach thei...
by Nearly A Moose
Fri Aug 19, 2016 10:27 am
Forum: Investing - Help with Personal Investments
Topic: Debt Free - Now What
Replies: 37
Views: 3813

Re: Debt Free - Now What

Do military folks get a match on TSP contributions? My wife is a civilian fed, so we enjoy the nice 5% bonus (lord knows she works hard enough to deserve much more than that, but I digress...). We also enjoy the funds - simple, low cost, and high quality. In fact, if you're looking for a "diffe...
by Nearly A Moose
Thu Aug 18, 2016 2:24 pm
Forum: Personal Consumer Issues
Topic: Identity Theft...be proactive, don't panic
Replies: 10
Views: 1337

Re: Identity Theft...be proactive, don't panic

Very good advice. I had identity theft back in 2013. Won't go into the details now but I filed a police report and the prosecutor took on this case. It was stolen credit card access checks. I wound up testifying before a jury panel. The crook had to do restitution. Dumb question, slightly OT: is th...
by Nearly A Moose
Thu Aug 18, 2016 12:17 pm
Forum: Personal Consumer Issues
Topic: Identity Theft...be proactive, don't panic
Replies: 10
Views: 1337

Re: Identity Theft...be proactive, don't panic

Very good advice. I had identity theft back in 2013. Won't go into the details now but I filed a police report and the prosecutor took on this case. It was stolen credit card access checks. I wound up testifying before a jury panel. The crook had to do restitution. Dumb question, slightly OT: is th...
by Nearly A Moose
Wed Aug 17, 2016 3:15 pm
Forum: Personal Finance (Not Investing)
Topic: Help - How to deposit a check without endorsement?
Replies: 37
Views: 4141

Re: Help - How to deposit a check without endorsement?

I would probably have a trusted person forge my name, lol. +1. I suspect this is how most people would handle it. Don't make it too complicated. Plus 2. Give them access to your banking app or have them photograph and email you the checks (after all, it's not your account number on the check), and ...
by Nearly A Moose
Tue Aug 16, 2016 11:24 pm
Forum: Investing - Help with Personal Investments
Topic: Change needed and baby on the way
Replies: 9
Views: 1328

Re: Change needed and baby on the way

honestly any significant expense would negate that extra income. Unless there's some long-term upside to this rental property (eg you want to move to that specific house in the future, you think rental rates in that market are likely to increase significantly in coming years, etc.), seems like a go...
by Nearly A Moose
Tue Aug 16, 2016 3:04 pm
Forum: Personal Consumer Issues
Topic: Cordless battery powered yard tools?
Replies: 21
Views: 1989

Re: Cordless battery powered yard tools?

I use the Kobalt 40v tools for my small urban yard. Work great. If you're in the burbs, you might want more power. With Kobalt at least (and maybe the others), each tool comes with a battery and charger, so it's easy to keep 2 or 3 charged to work through the whole yard. I do not for a second miss w...
by Nearly A Moose
Tue Aug 16, 2016 11:51 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank - New $10 ATM Fee Reimbursement Limit
Replies: 78
Views: 9418

Re: Ally Bank - New $10 ATM Fee Reimbursement Limit

I have the Schwab Investor Checking account and usually use a debit card and pay bills online. Once a month or so I use my debit card to get money from the ATM and Schwab reimburses all fees tied to the ATM. Not only am I happy with Schwab services they have some of the best customer service compar...
by Nearly A Moose
Mon Aug 15, 2016 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Need advice re:debt vs savings
Replies: 15
Views: 1329

Re: Need advice re:debt vs savings

Something to support the idea of pursuing both goals at once - and there's a term for this that I've all of a sudden forgotten and can't find in the wiki- although for most periods in the market, if you were to invest at year 1 and start drawing down at Year 20 or 30, you would have a substantially ...
by Nearly A Moose
Mon Aug 15, 2016 9:12 am
Forum: Investing - Help with Personal Investments
Topic: Change needed and baby on the way
Replies: 9
Views: 1328

Re: Change needed and baby on the way

I won't try to wade into advice on your individual funds; others are much better equipped to do that and you seem to be getting good direction. If Arkansas gives you a state tax break on 529 contributions, consider opening one and funding it in 2016. I think you can list yourselves, a niece or nephe...
by Nearly A Moose
Mon Aug 15, 2016 6:38 am
Forum: Personal Consumer Issues
Topic: How well do robot vacuums work?
Replies: 26
Views: 2856

Re: How well do robot vacuums work?

Love my roomba. Hmm, somehow copy and paste didn't work well. The rest of the response: if you run it regularly, it works well for maintenance vacuuming. If your in laws are coming for the holidays and you haven't vacuumed in weeks, it won't get the job done. If you have it programmed to run each m...
by Nearly A Moose
Sun Aug 14, 2016 8:39 pm
Forum: Personal Consumer Issues
Topic: How well do robot vacuums work?
Replies: 26
Views: 2856

Re: How well do robot vacuums work?

Love my roomba.
by Nearly A Moose
Sat Aug 13, 2016 3:15 pm
Forum: Investing - Help with Personal Investments
Topic: Finding middle ground with spouse on investing
Replies: 30
Views: 3495

Re: Finding middle ground with spouse on investing

Putting everything in a savings account because of a lack of trust in the system (which I don't really understand) and a 90/10 AA are pretty far off. I'd be terrified, though, if I had a large amount of cash sitting indefinitely in savings at your/my stage of life. Each additional year of compoundin...
by Nearly A Moose
Sat Aug 13, 2016 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Longtime Lurker Finally Ready to Bare It All ;)
Replies: 32
Views: 3051

Re: Longtime Lurker Finally Ready to Bare It All ;)

Probably off topic, but have you thought about establishing a relationship with a good, fiduciary, fee-only advisor? That way you "have a guy" (I used to "have a guy"; why does everyone like to "have a guy"???), but you're not paying 2% per year of your asets to do so. ...
by Nearly A Moose
Fri Aug 12, 2016 11:15 am
Forum: Investing - Help with Personal Investments
Topic: Early 20s seeking Aggressive Portfolio
Replies: 21
Views: 1946

Re: Early 20s seeking Aggressive Portfolio

As a few others have mentioned, unless you have some income stream we don't know about, do what you can to open and fund a Roth IRA while in law school. If you get a summer internship, summer associate position, or even a TA job, that should let you get W-2 income. Depending on your path, your futur...
by Nearly A Moose
Wed Aug 10, 2016 9:46 pm
Forum: Personal Finance (Not Investing)
Topic: Should I buy into practice (partnership)?
Replies: 8
Views: 1113

Re: Should I buy into practice (partnership)?

I'm definitely not a doctor, and there are many here who will probably have useful insights, but am I missing something in thinking that a 70-80k net of taxes return on a 600k investment isn't too shabby? That's roughly an 11-12% real return in year 1 alone. You invest that, then you get another 70-...
by Nearly A Moose
Tue Aug 09, 2016 9:23 am
Forum: Personal Finance (Not Investing)
Topic: Will realtor advise on needed improvements for home sale?
Replies: 38
Views: 2294

Re: Will realtor advise on needed improvements for home sale?

I'm not informed enough to tell you who would be the appropriate advisor in this situation, but to your mother's point about putting furniture in the home, there are professional home staging companies that will bring in furniture and artwork for showing. Depending on the market, it can definitely h...
by Nearly A Moose
Tue Aug 09, 2016 9:18 am
Forum: Personal Finance (Not Investing)
Topic: Citigold minimum increasing to $200,000
Replies: 39
Views: 12022

Re: Citigold minimum increasing to $200,000

Can't say I see the value of the "benefits" that citi offers. You know how an expensive hotel will charge you for Internet but waives that charge for their premium loyalty program participants, whereas a courtyard Marriott includes it for free to start? Seems like the same thing here, and ...
by Nearly A Moose
Mon Aug 08, 2016 9:42 am
Forum: Personal Finance (Not Investing)
Topic: Upgrading Home - Can we afford it?
Replies: 11
Views: 1791

Re: Upgrading Home - Can we afford it?

Yes, you can afford it. Remember, if you're itemizing on your taxes, you get to deduct mortgage interest payments on your primary residence. So, you're getting some (in your case, likely high) percentage of your interest payments back at the end of the year.
by Nearly A Moose
Mon Aug 01, 2016 8:27 am
Forum: Personal Finance (Not Investing)
Topic: Free ATM withdrawals - worth keeping brokerage account
Replies: 6
Views: 607

Re: Free ATM withdrawals - worth keeping brokerage account

+1 on the Charles Schwab Checking account.. it's my main checking acct.. does everything I need and 100% ATM refunds anywhere in the world with no foreign transaction fees. You do not need to keep a min balance in the acct or balance in their brokerage either. Always a human when you call. There ar...
by Nearly A Moose
Mon Aug 01, 2016 8:25 am
Forum: Personal Consumer Issues
Topic: Am I spending too much on vacation/leisure?
Replies: 16
Views: 2065

Re: Am I spending too much on vacation/leisure?

No, it's not too much if you're also saving. I have found that it was easier to convince myself to stay any random hotel when I was your age, so I'd ask yourself whether you're getting good value for the dollar from your hotel (and maybe you are). Also, without knowing anything about your tastes, ca...
by Nearly A Moose
Sun Jul 31, 2016 7:01 pm
Forum: Investing - Help with Personal Investments
Topic: I have $3,000 to gamble
Replies: 71
Views: 8280

Re: I have $3,000 to gamble

Is there some actively managed strategy that intrigues you? If so, see if you can find a fund that executes that strategy that you can get into for $1500. Then put 1500 into that fund, and 1500 into a target date vanguard fund. Then watch how they perform in the next crash and recovery.
by Nearly A Moose
Sun Jul 31, 2016 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: On-line nanny tax services - reviews/experiences?
Replies: 12
Views: 2935

Re: On-line nanny tax services - reviews/experiences?

Resurrecting an old thread... We pay our nanny on the books and have been using Intuit Online Payroll, which took a while to figure out but has generally worked well and isn't nearly as expensive as some of the other options out there. Alas today they sent me an email saying they are discontinuing ...
by Nearly A Moose
Sat Jul 30, 2016 2:05 pm
Forum: Investing - Help with Personal Investments
Topic: I have $3,000 to gamble
Replies: 71
Views: 8280

Re: I have $3,000 to gamble

You seem to have resolved to do this with your IRA, but why not invest that $3k according to your investing plan, then find $3k in taxable to gamble with? That way, you can take a capital loss on your taxes if the gamble doesn't pay off.

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