Search found 334 matches

by financial.freedom
Sat Apr 23, 2016 9:51 pm
Forum: Personal Consumer Issues
Topic: How should we negotiate home decorating proposal?
Replies: 17
Views: 1989

Re: How should we negotiate home decorating proposal?

hoops777 wrote:Sounds like a plan.Just don't kill yourselves trying to earn that financial freedom :D


Thank you. (I'm still at work right now) ;-)
by financial.freedom
Sat Apr 23, 2016 8:55 pm
Forum: Personal Consumer Issues
Topic: How should we negotiate home decorating proposal?
Replies: 17
Views: 1989

Re: How should we negotiate home decorating proposal?

I would make certain the 90 dollar an hour people that you like are not making anything on what they buy for you in terms of furniture and the like.Most decorators make money on your new flooring,window coverings,furniture,etc.They should not make anything if you are paying them 90 bucks an hour. Y...
by financial.freedom
Sat Apr 23, 2016 2:59 pm
Forum: Personal Consumer Issues
Topic: How should we negotiate home decorating proposal?
Replies: 17
Views: 1989

Re: How should we negotiate home decorating proposal?

reriodan wrote:
mouses wrote:Why do you need decorators?


+1. Wouldn't you like to style the place yourself, exactly as you like it?


We have ideas, but no expertise and not enough time to implement them.
by financial.freedom
Sat Apr 23, 2016 2:58 pm
Forum: Personal Consumer Issues
Topic: How should we negotiate home decorating proposal?
Replies: 17
Views: 1989

Re: How should we negotiate home decorating proposal?

We are decorating/furnishing a new house and obtained quotes from 4 interior designers/decorators: 1. The company we liked best quoted us 54 hours of work x $90 per hour for a total of $4,860 2. Our second favorite company quoted us 20-25 hours of work for $225 per hour, so a total of $4,500-5,625 ...
by financial.freedom
Sat Apr 23, 2016 2:55 pm
Forum: Personal Consumer Issues
Topic: How should we negotiate home decorating proposal?
Replies: 17
Views: 1989

Re: How should we negotiate home decorating proposal?

Why do you need decorators? We've lived here a year, still have little furniture, and the walls are bare. We work about 120-150 hours a week between the two of us and are exhausted by the time we come home. Even finding time to be home for a 2-4 hour window for furniture delivery is very difficult ...
by financial.freedom
Sat Apr 23, 2016 2:50 pm
Forum: Personal Consumer Issues
Topic: How should we negotiate home decorating proposal?
Replies: 17
Views: 1989

Re: How should we negotiate home decorating proposal?

freedom... I offer this to you as a life certified public purchasing professional officer (CPPO). Advise each of the companies they are under consideration and ask them to submit a last and final offer on their original proposal by a certain date/time. From that last and final feel free to negotiat...
by financial.freedom
Sat Apr 23, 2016 2:50 pm
Forum: Personal Consumer Issues
Topic: How should we negotiate home decorating proposal?
Replies: 17
Views: 1989

Re: How should we negotiate home decorating proposal?

Let me see - their quote was more detailed and they said it would take more time. Sounds consistent. A detailed, careful company. I would not ask them to do it in fewer hours, that is asking them to cut corners and they do not seem like that kind of firm. They may well take it as an insult. I would...
by financial.freedom
Sat Apr 23, 2016 12:14 pm
Forum: Personal Consumer Issues
Topic: How should we negotiate home decorating proposal?
Replies: 17
Views: 1989

How should we negotiate home decorating proposal?

We are decorating/furnishing a new house and obtained quotes from 4 interior designers/decorators: 1. The company we liked best quoted us 54 hours of work x $90 per hour for a total of $4,860 2. Our second favorite company quoted us 20-25 hours of work for $225 per hour, so a total of $4,500-5,625 3...
by financial.freedom
Fri Apr 22, 2016 10:59 pm
Forum: Personal Consumer Issues
Topic: Any bogleheads use a "smart" sprinkler system?
Replies: 15
Views: 1739

Re: Any bogleheads use a "smart" sprinkler system?

Thank you for the replies! I have to find a system that supports 12 zones, and basically want to "set it and forget it." Will check out those mentioned above. The Rachio can handle up to 16 zones (I have 13 zones in my system). Also, the second generation has manual controls on the front ...
by financial.freedom
Fri Apr 22, 2016 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: Left my employer, want to rollover 401K
Replies: 7
Views: 872

Re: Left my employer, want to rollover 401K

Would it be better to roll it into another 401k? If you roll it into an IRA then you will not be able to make contributions to Roth IRA (or backdoor Roth IRA) without avoiding the pro-rata rule. If you don't have another 401k, you could leave there for awhile, do some 1099 or other side work to set ...
by financial.freedom
Fri Apr 22, 2016 7:10 pm
Forum: Personal Consumer Issues
Topic: Any bogleheads use a "smart" sprinkler system?
Replies: 15
Views: 1739

Re: Any bogleheads use a "smart" sprinkler system?

Thank you for the replies! I have to find a system that supports 12 zones, and basically want to "set it and forget it." Will check out those mentioned above.
by financial.freedom
Thu Apr 21, 2016 9:10 pm
Forum: Personal Consumer Issues
Topic: Any bogleheads use a "smart" sprinkler system?
Replies: 15
Views: 1739

Any bogleheads use a "smart" sprinkler system?

It seems anytime I have to adjust the sprinkler system is when I don't want to -- when it's raining and I get soaking wet. Sometimes I'm not home when it's raining and cannot adjust my standard system for rain delays. Water is expensive in SoCal, so I think a smart sprinkler would pay for itself in ...
by financial.freedom
Mon Apr 11, 2016 5:50 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard California LT Muni Bond VCITX
Replies: 6
Views: 649

Re: Vanguard California LT Muni Bond VCITX

No fed or state tax if you live in CA. Some say the yield for the LT fund is not compensated for enough compared with the Intermed fund, but I'm a relative newbie so might want some of the more experienced BH to chime in. Some folks say to not concentrate too much risk in one state: I've been splitt...
by financial.freedom
Thu Apr 07, 2016 12:37 am
Forum: Personal Consumer Issues
Topic: If you could retire anywhere, regardless of healthcare, etc.
Replies: 118
Views: 14155

Re: If you could retire anywhere, regardless of healthcare, etc.

US: La Jolla, Newport Coast, Santa Barbara, Malibu

Outside US: Koh Samui, Dubrovnik, Sydney
by financial.freedom
Tue Mar 29, 2016 2:06 pm
Forum: Personal Consumer Issues
Topic: Installing AC: Rheem vs. Trane (or other) system
Replies: 28
Views: 13106

Re: Installing AC: Rheem vs. Trane (or other) system

Thank you so much for the replies! I appreciate the followup questions for the HVAC companies. Also greatly appreciate the personal experiences and info from Consumer Reports. The company with Trane is a better price quote, they have great reviews and they seem more thorough, so we'll probably go wi...
by financial.freedom
Mon Mar 28, 2016 5:49 pm
Forum: Personal Consumer Issues
Topic: Installing AC: Rheem vs. Trane (or other) system
Replies: 28
Views: 13106

Re: Installing AC: Rheem vs. Trane (or other) system

Nowizard wrote:The primary issue is not brand so much as the quality of the system. Ask what contractors use in spec homes and purchase at least one level above that.

Tim


Not sure I understand, what is the quality?
by financial.freedom
Mon Mar 28, 2016 5:48 pm
Forum: Personal Consumer Issues
Topic: Installing AC: Rheem vs. Trane (or other) system
Replies: 28
Views: 13106

Re: Installing AC: Rheem vs. Trane (or other) system

My Trane 16i died less than a year after it was installed. A common flaw with that model I later learned. I'll buy something else next time. Yikes, I just read the warranty for the Trane quote: Warranty: 6 year unit replacement, 12 Year functional parts, 12 Year on Compressor I tried looking at Con...
by financial.freedom
Mon Mar 28, 2016 5:39 pm
Forum: Personal Consumer Issues
Topic: Installing AC: Rheem vs. Trane (or other) system
Replies: 28
Views: 13106

Installing AC: Rheem vs. Trane (or other) system

I obtained quotes for installing central AC for our house (2,400 sq ft one-level). Our area is temperate, so we would only use AC about 3-4 months out of the year and just during mid to late afternoon. All three companies recommended a 5-ton condenser. But some quoted 14 SEER and others 16 SEER. The...
by financial.freedom
Fri Mar 18, 2016 12:47 am
Forum: Investing - Help with Personal Investments
Topic: Question about investing in taxable accounts
Replies: 11
Views: 1547

Re: Question about investing in taxable accounts

chielement wrote:I'll look into it. She's a small business owner...not sure if they can have those, but I'll find out.


Did she set up a solo-401k? Would be nice if you can both max out 401k and Roth IRA each year before adding to taxable.
by financial.freedom
Wed Mar 16, 2016 11:09 pm
Forum: Investing - Help with Personal Investments
Topic: Question about investing in taxable accounts
Replies: 11
Views: 1547

Re: Question about investing in taxable accounts

Sure thing. I put all the information below. Does this help or is anything missing? OVERALL STATS Emergency Funds: 8 months Consumer debt: 0 Tax filing status: Married filing jointly Tax rate: 28% State of residence: Illinois Age: 37 (me) /40 (wife) Desired asset allocation: 70% stocks, 30% bonds D...
by financial.freedom
Wed Mar 16, 2016 9:01 pm
Forum: Investing - Help with Personal Investments
Topic: Question about investing in taxable accounts
Replies: 11
Views: 1547

Re: Question about investing in taxable accounts

I have zero debt (other than a mortgage), an emergency fund, and would like to aim for 7-8% returns each year with index funds. In addition to my 401K (maxed out each year), I started a Vanguard account with the following funds: -Vanguard Total Stock Market Index Fund (VTSMX) -Vanguard Total Intern...
by financial.freedom
Wed Mar 09, 2016 6:44 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for physician asking for a raise
Replies: 47
Views: 6410

Re: Advice for physician asking for a raise

The irony is that in the same conversation, they told me that they are looking into hiring another physician for my group and that will lessen my burden in terms of productivity.
by financial.freedom
Wed Mar 09, 2016 6:43 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for physician asking for a raise
Replies: 47
Views: 6410

Re: Advice for physician asking for a raise

So much for the meeting. I was called and notified there will be no raise. The person on the phone said they pushed for me and felt I really deserved a raise but that the hospital administration said they lost a lot of money this year and cannot give raises.
by financial.freedom
Wed Mar 09, 2016 6:14 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for physician asking for a raise
Replies: 47
Views: 6410

Re: Advice for physician asking for a raise

OP - Interview. Even if you don't get a new job, you will have a good sense of exactly what the market will pay for someone of precisely your skillset. This will give you a baseline to understand your value to your current employer. However, do not use this as direct leverage with your employer - w...
by financial.freedom
Wed Mar 09, 2016 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for physician asking for a raise
Replies: 47
Views: 6410

Re: Advice for physician asking for a raise

gasman wrote:A key question is how replaceable are you? What is the supply of your specialty in your area?


My skill set would be difficult for them to replace. But I don't think those who do the hiring/firing know that, so may not matter.
by financial.freedom
Wed Mar 09, 2016 4:12 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for physician asking for a raise
Replies: 47
Views: 6410

Re: Advice for physician asking for a raise

Different profession, but do you know (or have any idea) why your compensation is low? It can often be helpful, when planning a strategy for increased compensation, to have an understanding of why you are being compensated as you are. I was a new hire a few years back, so they hired me for less bac...
by financial.freedom
Wed Mar 09, 2016 4:11 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for physician asking for a raise
Replies: 47
Views: 6410

Re: Advice for physician asking for a raise

are you salaried or paid on production? In general, highly productive docs should look for production based compensation. We are a production based comp model. As a result, most everyone we hire is pretty productive. Sometimes we make a mistake and hire less productive docs. They don't tend to stic...
by financial.freedom
Wed Mar 09, 2016 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for physician asking for a raise
Replies: 47
Views: 6410

Re: Advice for physician asking for a raise

PS - Several of my colleagues have RVUs much lower -- below the national average. If I were to work at the same level as my colleagues they might have to hire another physician. But I'm not sure that I should bring that up in the meeting.
by financial.freedom
Wed Mar 09, 2016 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for physician asking for a raise
Replies: 47
Views: 6410

Re: Advice for physician asking for a raise

Are you on a partner track or has the group just hired you as an employee? If so I'd do nothing but since you didn't indicate it a partner track seems unlikely. Are you hoping the group offers you a partnership? I think you've got a great case but they've got no incentive to give you a raise since ...
by financial.freedom
Wed Mar 09, 2016 2:31 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for physician asking for a raise
Replies: 47
Views: 6410

Re: Advice for physician asking for a raise

Do you have a way to walk away if they refuse. Sounds like you are relatively underpaid. Have seen many MDs accept far less than they generate. It can go many different ways. One thing is for sure, if you don't ask they are unlikely to call you in and say, 'hey, take this money you earned it!' I ha...
by financial.freedom
Wed Mar 09, 2016 2:07 pm
Forum: Personal Consumer Issues
Topic: Is an interior designer worth it?
Replies: 33
Views: 4889

Re: Is an interior designer worth it?

Thank you for all of the great advice! No, we are not looking to impress anyone. If we wanted to impress the neighbors we'd drive fancy cars, wear fancy clothes etc. This mainly came up because we have lived in the house awhile now, it is still unfurnished due to limited time and other factors, and ...
by financial.freedom
Wed Mar 09, 2016 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for physician asking for a raise
Replies: 47
Views: 6410

Advice for physician asking for a raise

My wRVUs are consistently 90th to 95th percentile however my pay is about median to 60th percentile for my specialty. I have been at the group for about 5 years, W2 employee, and my pay is the lowest in the group as far as I can gather from discussion with others in the group. I have scheduled a mee...
by financial.freedom
Mon Mar 07, 2016 2:41 pm
Forum: Personal Consumer Issues
Topic: Is an interior designer worth it?
Replies: 33
Views: 4889

Re: Is an interior designer worth it?

Great advice so far, thank you!

Yes, houzz.com has a lot of great ideas.

I think it's a great idea to see someone's projects before hiring them.

I will look into Decorating Den.

Thanks!
by financial.freedom
Mon Mar 07, 2016 2:07 pm
Forum: Personal Consumer Issues
Topic: Is an interior designer worth it?
Replies: 33
Views: 4889

Is an interior designer worth it?

We purchased a house in the past year and still have a lot of furnishing to do. My spouse wants to hire an interior designer, but it seems pretty simple to just sift through magazines and copy the same layout for our house. Here are her thoughts: 1. Interior designer (ID) would do a better job than ...
by financial.freedom
Sat Mar 05, 2016 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Does home office deduction increase risk of audit?
Replies: 14
Views: 1357

Does home office deduction increase risk of audit?

We do a lot of work at home, some of which will be compensated for with 1099 income. However, I have read that using a portion of one's house for office increases the risk for audit. Is this true?
by financial.freedom
Sat Feb 27, 2016 11:18 pm
Forum: Personal Finance (Not Investing)
Topic: Taxes: how to report clearing the backdoor and Roth conversion?
Replies: 2
Views: 410

Taxes: how to report clearing the backdoor and Roth conversion?

Spouse had $59,913 in tIRA at Vanguard for 2015. This contained money from a prior employer 401k (38,413) and annual max post-tax tIRA contributions (5k in 2012, 5.5k in 2013, 5.5k in 2014, and 5.5k in 2015) for a total of 21,500 post-tax tIRA contributions. She rolled over $38,413 to her current em...
by financial.freedom
Tue Jan 19, 2016 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone recently Refi home mortgage? Suggestions?
Replies: 20
Views: 2203

Re: Anyone recently Refi home mortgage? Suggestions?

It's highly unlikely to be worth refinancing for such a small reduction in the rate. There are closing costs and expenses involved in processing a new mortgage, typically in the range of 1% to 2% or more of the balance of the loan. Thank you for the detailed reply! I did the math and looks as thoug...
by financial.freedom
Mon Jan 18, 2016 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone recently Refi home mortgage? Suggestions?
Replies: 20
Views: 2203

Re: Anyone recently Refi home mortgage? Suggestions?

I noticed rates dropped last week. We have 30-year fixed jumbo at 3.625% which is pretty good, but a cursory search shows a few places offering 3.5% 30-year fixed jumbo (credit scores 770, 780). Last time we were able to get rates lower than the cursory search, so we might be able to get 3.4% maybe...
by financial.freedom
Mon Jan 18, 2016 5:39 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone recently Refi home mortgage? Suggestions?
Replies: 20
Views: 2203

Re: Anyone recently Refi home mortgage? Suggestions?

It's highly unlikely to be worth refinancing for such a small reduction in the rate. There are closing costs and expenses involved in processing a new mortgage, typically in the range of 1% to 2% or more of the balance of the loan. You'll either have to pay those out of pocket or roll them into the...
by financial.freedom
Mon Jan 18, 2016 11:36 am
Forum: Personal Finance (Not Investing)
Topic: Anyone recently Refi home mortgage? Suggestions?
Replies: 20
Views: 2203

Re: Anyone recently Refi home mortgage? Suggestions?

I noticed rates dropped last week. We have 30-year fixed jumbo at 3.625% which is pretty good, but a cursory search shows a few places offering 3.5% 30-year fixed jumbo (credit scores 770, 780). Last time we were able to get rates lower than the cursory search, so we might be able to get 3.4% maybe...
by financial.freedom
Mon Jan 18, 2016 11:33 am
Forum: Personal Finance (Not Investing)
Topic: Anyone recently Refi home mortgage? Suggestions?
Replies: 20
Views: 2203

Re: Anyone recently Refi home mortgage? Suggestions?

Ready3Retire wrote:
We also get $500 per year cash back from Chase, not sure how that factors in.


Please clarify, how do you get $500 cash back each year from Chase? Thanks.


https://www.chase.com/mortgage/mortgage ... -cash-back
by financial.freedom
Mon Jan 18, 2016 11:23 am
Forum: Investing - Theory, News & General
Topic: Anyone shifting their AA?
Replies: 91
Views: 8822

Re: Anyone shifting their AA?

This method is called overbalancing. Like a riskier version of rebalancing. I had a discussion about this 6 months ago - see here for more details. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=167252&hilit=rebalance Also the Finance Buff had a nice article about it here: http://the...
by financial.freedom
Mon Jan 18, 2016 11:14 am
Forum: Investing - Theory, News & General
Topic: Anyone shifting their AA?
Replies: 91
Views: 8822

Re: Anyone shifting their AA?

If the market drops 45%, it's fair to say many people will lose their jobs. Could you be one of those people, right after you switch to 90/10? Will 10% in bonds be enough to feed your family and pay your mortgage?[/quote] We both work. If I lost my job we could make some minor lifestyle changes and...
by financial.freedom
Sun Jan 17, 2016 10:22 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone recently Refi home mortgage? Suggestions?
Replies: 20
Views: 2203

Anyone recently Refi home mortgage? Suggestions?

I noticed rates dropped last week. We have 30-year fixed jumbo at 3.625% which is pretty good, but a cursory search shows a few places offering 3.5% 30-year fixed jumbo (credit scores 770, 780). Last time we were able to get rates lower than the cursory search, so we might be able to get 3.4% maybe ...
by financial.freedom
Sat Jan 16, 2016 2:28 pm
Forum: Investing - Theory, News & General
Topic: Anyone shifting their AA?
Replies: 91
Views: 8822

Re: Anyone shifting their AA?

This method is called overbalancing. Like a riskier version of rebalancing. I had a discussion about this 6 months ago - see here for more details. https://www.bogleheads.org/forum/viewtopic.php?f=10&t=167252&hilit=rebalance Also the Finance Buff had a nice article about it here: http://the...
by financial.freedom
Sat Jan 16, 2016 2:26 pm
Forum: Investing - Theory, News & General
Topic: Anyone shifting their AA?
Replies: 91
Views: 8822

Re: Anyone shifting their AA?

renue74 wrote:I'm 41 and my AA floats around 70/30. No need to change because of 10 days of market changes.


Does a shorter period of decline make a difference?
by financial.freedom
Sat Jan 16, 2016 2:23 pm
Forum: Investing - Theory, News & General
Topic: Anyone shifting their AA?
Replies: 91
Views: 8822

Re: Anyone shifting their AA?

spacecadet610 wrote:Back during the mini stock crash during Aug 2015, I went from a 70/30 allocation to 75/25.

Thought I was smart for a while, now I kind of wish I didn't make that move.


Why do you regret it? 5% doesn't seem like a big change.