Search found 2544 matches

by rich126
Wed Apr 21, 2021 1:11 pm
Forum: Personal Investments
Topic: Moving money short-term to Ally Invest: What to do/consider?
Replies: 6
Views: 626

Re: Moving money to Ally Invest to chase the bonus: worth it, and what to do/consider?

I have mix feelings on bonuses. Often there is some gotcha or you have to call and complain about not getting one. The best place I've seen has been Marcus. They actually have a page online that shows the amount of bonus and the date it will be paid. I am also hoping to get ones from Schwab and Capi...
by rich126
Wed Apr 21, 2021 1:04 pm
Forum: Investing - Theory, News & General
Topic: How to purchase stocks you plan to hold for a decade
Replies: 20
Views: 994

Re: How to purchase stocks you plan to hold for a decade

Stocks will go up and down. In some cases you can be "sure" it will go down, and it might but it might drop 20% after it has gone up 30% which won't help you much. Personally I always use a market order just in case something strange happens. Things that trade heavily (e.g., SPY) usually o...
by rich126
Wed Apr 21, 2021 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Moving money between 2 banks?
Replies: 12
Views: 749

Moving money between 2 banks?

I would like to transfer money from bank A to bank B (both are my accounts). I don't currently have any kind of transfer set up between them. Usually if you try to transfer money from one place to another, most financial places set up test deposits which you have to verify and it takes up to a week....
by rich126
Tue Apr 20, 2021 10:13 pm
Forum: Personal Finance (Not Investing)
Topic: Using a HELOC for real estate flipping
Replies: 12
Views: 1115

Re: Using a HELOC for real estate flipping

This is one of those things that works until it doesn't. About 15 years ago a bunch of people were flipping homes in AZ. In some cases not even doing anything to the home. If you were lucky and got out before things crashed you made money, others weren't so lucky. After things crashed a friend was t...
by rich126
Tue Apr 20, 2021 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: How Long Would You Stay in a Boring Government Job?
Replies: 104
Views: 5819

Re: How Long Would You Stay in a Boring Government Job?

I can relate to this and the usual comments that come along. I originally spent 15 years in federal government and had a blast working with very sharp people doing unique technical work but I didn't want to be a government lifer and the last 5 years we had new managers yearly which slowly eroded mor...
by rich126
Tue Apr 20, 2021 12:50 pm
Forum: Personal Consumer Issues
Topic: Sale of Expensive Home--Limit Showing
Replies: 32
Views: 2781

Re: Sale of Expensive Home--Limit Showing

In most cases you can limit showings. My reasoning was that my sale was during covid and I only wanted people who were approved and able to afford the home. I also restricted showings to only 4 days (basically one long weekend) and only via appointments. No open homes, etc. I had no issue with any o...
by rich126
Tue Apr 20, 2021 9:25 am
Forum: Personal Finance (Not Investing)
Topic: Car warranty companies
Replies: 22
Views: 1178

Re: Car warranty companies

fuddbogle wrote: Tue Apr 20, 2021 9:15 am The King of robocalls.
Ain't that the truth.
by rich126
Mon Apr 19, 2021 11:04 am
Forum: Investing - Theory, News & General
Topic: Starting a test going forward: Motley Fool versus index fund
Replies: 23
Views: 3005

Re: Starting a test going forward: Motley Fool versus index fund

I don't pay for any of their services but with the run up of tech and speculative stocks, many of their selections have greatly lapped the SP500. Even with an occasional dud, I thin following something like Stock Advisor would have made you a fortune. Personally while I invest in stocks, I prefer th...
by rich126
Sun Apr 18, 2021 10:23 pm
Forum: Personal Consumer Issues
Topic: Ski Resort Recommendations for the first-timers? (emphasis on resort)
Replies: 68
Views: 4087

Re: Ski Resort Recommendations for the first-timers? (emphasis on resort)

I haven't skied for a while but used to visit a variety of resorts. Steamboat was very nice especially since it had a lots of terrain and wasn't as difficult as places such as Telluride. I've been to Sun Valley twice and loved the town and scenery but it is very hit or miss with snow so you may be s...
by rich126
Sun Apr 18, 2021 3:55 pm
Forum: Personal Investments
Topic: When to take Social Security when a pension is linked to it
Replies: 25
Views: 2562

Re: When to take Social Security when a pension is linked to it

Well you have to live to age 88 and 10 months to break even. That’s not even factoring In any gains on the $ that could be invested or the ability to draw less on other investments. I think it’s a no brainer to take at 67 or perhaps earlier. Just rough estimate I was thinking $42,000 * 3 = 126,000 ...
by rich126
Sat Apr 17, 2021 10:55 pm
Forum: Personal Consumer Issues
Topic: Formula One
Replies: 129
Views: 18360

Re: Formula One

I feel really old. I was a fan when Juan Manuel Fangio was world champion. For my money, Jim Clark and Aryton Senna were the greatest drivers. Both died driving. Hemingway said big game hunting, bull fighting, and auto racing were sports - the rest are just games. DMW I am not a huge fan of F1 but ...
by rich126
Sat Apr 17, 2021 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Pension vs. Salary
Replies: 5
Views: 1210

Re: Pension vs. Salary

Just to clarify. If I don't take the job that increases the pension then I would be collecting the pension within 2 years and may either retire or also collecting pay from another job. The pensioned job only matches 5%. The other job gives you 3% of your salary and then matches up to 4% if you contr...
by rich126
Sat Apr 17, 2021 10:44 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 6590
Views: 1453298

Re: What Movie Have You Recently Watched?

Watched a WW2 movie based on one survivor from a US recon flight in Belgium. Julie Ormand and Bill Paxton starred. Slow moving and a sad ending. On Amazon Prime.

Also on prime is a documentary about Nancy Wade who was in the British SOE. Very interesting and on Prime.
by rich126
Sat Apr 17, 2021 10:35 pm
Forum: Personal Consumer Issues
Topic: How to get the best sleep?
Replies: 27
Views: 1930

Re: How to get the best sleep?

As I get older I usually don't have issues getting to sleep but tend to wake up 3-5 hrs into sleep. Usually I can go back to sleep but it is annoying. I've also learned not to force sleep. If I am not sleepy don't try to go to sleep since I will just lay there awake. Instead stay up until I am reall...
by rich126
Sat Apr 17, 2021 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Pension vs. Salary
Replies: 5
Views: 1210

Pension vs. Salary

Assuming you have already qualified for the pension (COLA) is the easiest way to calculate any increase to the pension vs. saving additional money is to use the 4% SWR? For example you have the option to return to the company that you have the pension with, and each year back increases the pension b...
by rich126
Wed Apr 14, 2021 5:22 pm
Forum: Personal Consumer Issues
Topic: Summerizing Florida House
Replies: 12
Views: 1375

Re: Summerizing Florida House

I was going to recommend some webcams to monitor things remotely although that means continuing to pay for Internet service and you may not want to do that. Generally I'm not a fan of the lack of security they have, but I would want to keep an eye on the place in case of flooding, break ins, etc.
by rich126
Wed Apr 14, 2021 1:08 pm
Forum: Personal Consumer Issues
Topic: Offering position to candidate interviewed 7 months ago
Replies: 22
Views: 1186

Re: Offering position to candidate interviewed 7 months ago

What did you do 7 months ago when that person wasn't hired? Did you contact the person and said "Unfortunately we selected another person but appreciated you applying to the position." As an applicant my opinion would depend on whether a company simply selected another person and told me s...
by rich126
Wed Apr 14, 2021 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: How close to retirement age would you start to coast instead of grinding it out?
Replies: 125
Views: 12219

Re: How close to retirement age would you start to coast instead of grinding it out?

Might depend on definitions of coast vs grind. I've never had interest in working more than 40 hrs but I like to be very productive in those 40 hrs. In some sense I'm dialing it back (temporarily) since I'm only working 27 hrs a week. I cut back because I was bored and had a long commute. I'm certai...
by rich126
Wed Apr 14, 2021 9:48 am
Forum: Personal Finance (Not Investing)
Topic: How much does your employer sponsered health insurance cost you?
Replies: 43
Views: 2565

Re: How much does your employer sponsered health insurance cost you?

These numbers will be from 0 to very high. The federal government plans are 80/20 where you pay the 20% of the plan costs and that varies greatly based on the plan. You can see rates at https://www.opm.gov/healthcare-insurance/healthcare/plan-information/plans/2021/state/md/rates For 2020 at my curr...
by rich126
Tue Apr 13, 2021 10:28 pm
Forum: Personal Finance (Not Investing)
Topic: Zelle/Venmo/Cashapp?
Replies: 44
Views: 3863

Re: Zelle/Venmo/Cashapp?

PayPal is required to report gross payments received for sellers who receive over $20,000 in gross payment volume AND over 200 separate payments in a calendar year. So, just $20,000 in receipts wouldn’t trigger the 1099 unless there was also 200+ payments. https://www.paypal.com/us/webapps/mpp/irs6...
by rich126
Tue Apr 13, 2021 5:23 pm
Forum: Personal Consumer Issues
Topic: Hoarding and Decluttering
Replies: 15
Views: 1437

Re: Hoarding and Decluttering

I try to tell people "Please no gifts". I'm at an age where I don't need much and what I do need I can easily afford. Holidays/BDays are for kids. I've been trying to down size and when I sold my house last year I gave away much of my furniture and threw away a ton of stuff. My GF is tryin...
by rich126
Tue Apr 13, 2021 4:28 pm
Forum: Forum Issues and Administration
Topic: Why PM messages are stuck in outbox ?
Replies: 7
Views: 443

Re: Why PM messages are stuck in outbox ?

Thanks for weighing in. I see my PMs are stuck in outbox. How can I make to SEND ? Thanks for your guidance. PM will remain in your outbox until it is read by recipient, at which time it "moves" to "sent". Yes, a bit confusing. RM Would make more sense if it was called "rea...
by rich126
Tue Apr 13, 2021 2:11 pm
Forum: Personal Finance (Not Investing)
Topic: Medical Group wants me to be CFO -- advice?
Replies: 35
Views: 3549

Re: Medical Group wants me to be CFO -- advice?

Sounds like a lot of extra work, stress and potential liability. I hope you are getting extra compensation for the task.
by rich126
Tue Apr 13, 2021 1:07 pm
Forum: Investing - Theory, News & General
Topic: Your bond fund should have barely enough for reasonable rebalancing. The rest of your fixed income should be in MYGAs.
Replies: 42
Views: 5590

Re: Your bond fund should have barely enough for reasonable rebalancing. The rest of your fixed income should be in MYGA

My limited understanding of MYGAs is that they pay a fairly minimal (1%) commission to anyone selling them. As a buyer of the MYGA you don't save anything if you buy them directly or pay extra going through someone collecting a commission. At least that is what I've been told.
by rich126
Tue Apr 13, 2021 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Medical Group wants me to be CFO -- advice?
Replies: 35
Views: 3549

Re: Medical Group wants me to be CFO -- advice?

I'm curious, shouldn't a CFO have a financial background?

My GF currently works for a small health care company which is having issues and their CFO has no financial background and that seems to be a part of the issue.
by rich126
Tue Apr 13, 2021 11:27 am
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 188
Views: 19321

Re: Did you move for better weather? Did you regret it?

Didn't move to Wisconsin for weather alone, but it was a drawing point. Nice calm and colorful autumns, cold and white winters with lots to do outside, and hot(ish) humid verdant summers. The only regret is that winter is really hard on the house (like a bursting pipe for the radiators) and the car...
by rich126
Tue Apr 13, 2021 11:15 am
Forum: Personal Finance (Not Investing)
Topic: Zelle/Venmo/Cashapp?
Replies: 44
Views: 3863

Re: Zelle/Venmo/Cashapp?

I briefly looked into some of these when I had a lawn guy that wanted to use it. My issues were: 1. A surcharge to use a credit card. 2. Wanting to link to my bank account. So I declined and paid him in cash. I very rarely will link anything to my bank account or allow anyone to auto deduct from it....
by rich126
Tue Apr 13, 2021 10:06 am
Forum: Personal Finance (Not Investing)
Topic: COVID-19 Funeral Assistance
Replies: 9
Views: 1264

Re: COVID-19 Funeral Assistance

As I expected the FEMA phone lines are overloaded. They went from busy signals to 'circuits overloaded' messages yesterday to an IRS like message this morning. Heavy call volume. Please call back at a later time. So I'll just keep trying, and maybe I'll get through some day. My GF has tried a few t...
by rich126
Tue Apr 13, 2021 9:59 am
Forum: Personal Consumer Issues
Topic: The Great Swing Set Dilemma
Replies: 56
Views: 4580

Re: The Great Swing Set Dilemma

$4K for a swing set. Oh my. What problems some people have.
by rich126
Tue Apr 13, 2021 9:58 am
Forum: Personal Investments
Topic: Multiple years of expenses in cash when starting retirement
Replies: 104
Views: 8145

Re: Multiple years of expenses in cash when starting retirement

While money is money and in reality it is one big bucket, I prefer to think of it as various buckets. Also I don't view cash as losing but instead provides opportunities to buy when everyone else is selling. Anyhow I'm thinking of the following: 1. My core bucket where I will be taking ~4% from year...
by rich126
Mon Apr 12, 2021 10:12 pm
Forum: Personal Consumer Issues
Topic: Did you move for better weather? Did you regret it?
Replies: 188
Views: 19321

Re: Did you move for better weather? Did you regret it?

I grew up in MD and have literally detested summers there since I was quite young due to the humidity. The perfect day to me is snow. I actually moved to AZ for work and surprisingly really enjoyed the dry heat. I miss the snow but not rain. Having said that, I don't think weather would be the main ...
by rich126
Mon Apr 12, 2021 5:17 pm
Forum: Investing - Theory, News & General
Topic: Trading Platforms
Replies: 10
Views: 647

Re: Trading Platforms

ThinkorSwim is the best. TD Ameritrade. I haven't kept up with all of them so maybe this is less true but another thing that was nice with TOS is that it fully supported Apple computers. At one time when Scottrade was around they had one but it was Windows only. Huh, that's interesting. I was not a...
by rich126
Sun Apr 11, 2021 7:23 pm
Forum: Investing - Theory, News & General
Topic: Trading Platforms
Replies: 10
Views: 647

Re: Trading Platforms

Marseille07 wrote: Sun Apr 11, 2021 6:24 pm ThinkorSwim is the best. TD Ameritrade.
I haven't kept up with all of them so maybe this is less true but another thing that was nice with TOS is that it fully supported Apple computers. At one time when Scottrade was around they had one but it was Windows only.
by rich126
Sun Apr 11, 2021 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Thrift Savings Plan account locked - too many password reset attempts
Replies: 7
Views: 550

Re: Thrift Savings Plan account locked - too many password reset attempts

This happened this morning. I did not make any password reset attempts so apparently an attempted hack. The email appears legit and the number to call to unlock is the legitimate TSP service line. So what can I infer from this type of attempt? The password is complex. The username is not (me bad). ...
by rich126
Sun Apr 11, 2021 10:21 am
Forum: Personal Finance (Not Investing)
Topic: Do budgets work?
Replies: 122
Views: 4880

Re: Do budgets work?

A budget is similar to people here writing an IPS. The benefit is sitting down and seeing the numbers. As to their effectiveness that depends on the person. Personally I laugh at the comments where people say they consult their IPS. You wrote it so you can break it, not like someone else is enforcin...
by rich126
Sat Apr 10, 2021 6:59 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone contemplating OLY (One Less Year)?
Replies: 52
Views: 4782

Re: Anyone contemplating OLY (One Less Year)?

I've pondered retiring earlier than my original 60 but won't do it. I think we would be ok but a few things will keep me going. My pension and health insurance doesn't start until 60. Currently I've taken some time off and reduced my hours to 3 days a week so that has been nice to enjoy life and rec...
by rich126
Sat Apr 10, 2021 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Paying the IRS via several options
Replies: 1
Views: 229

Paying the IRS via several options

I have a rather substantial tax bill due this year due to selling a rental house and some investments. I've already gone and just sent a check in for the state taxes. For the federal taxes is there any issues if I do a combination of the following? 1. Use a bank transfer to pay a portion of it 2. Us...
by rich126
Fri Apr 09, 2021 12:33 pm
Forum: Personal Consumer Issues
Topic: Airline Miles - how to use?
Replies: 27
Views: 1800

Re: Arline Miles - how to use?

Right now it can be hard to use due to: 1. Lack of flights (lots of cut backs on # of flights) 2. Travel restrictions Usually the best value for miles are international premium cabins or last minute expensive flights. It also helps to have a flexible schedule. And yeah, some travel stuff right now i...
by rich126
Thu Apr 08, 2021 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: FERS annuitant question
Replies: 11
Views: 1324

Re: FERS annuitant question

Added: you will receive a lump sum payment for accumulated annual leave. My agency put it in the final check. I think some agencies send it separately. I know, that's whopper of a monkey wrench, isn't it. Thanks for the heads up. I've never understood the desire to max out leave. It doesn't make se...
by rich126
Thu Apr 08, 2021 3:01 pm
Forum: Personal Finance (Not Investing)
Topic: FERS annuitant question
Replies: 11
Views: 1324

Re: FERS annuitant question

Added: you will receive a lump sum payment for accumulated annual leave. My agency put it in the final check. I think some agencies send it separately. I know, that's whopper of a monkey wrench, isn't it. Thanks for the heads up. I've never understood the desire to max out leave. It doesn't make se...
by rich126
Thu Apr 08, 2021 2:44 pm
Forum: Personal Investments
Topic: Consolidate Fidelity to Vanguard or not
Replies: 33
Views: 2541

Re: Consolidate Fidelity to Vanguard or not

I have Schwab, Fido, and Vanguard. I would never cosolidate anything into Vanguard. Stick with Fidelity for a few reasons. One,Fidelity allows for fractional share investing for ETFs and stocks. Two, Fidelity's web and app interfaces are light years ahead of Vanguard. I closed out my Vanguard accou...
by rich126
Thu Apr 08, 2021 9:21 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Preferred
Replies: 17
Views: 1405

Re: Chase Sapphire Preferred

Might depend on what you want from points. If you want the ability to transfer points to travel partners (i.e., transfer to airline and take a business class flight to Europe) you need to have certain Chase cards. As someone else mentions it also primary CDW waiver coverage on rental cars. 24/7 road...
by rich126
Thu Apr 08, 2021 9:15 am
Forum: Personal Investments
Topic: TSP asset allocation
Replies: 11
Views: 956

Re: TSP asset allocation

The lifecycle funds simply use the underlying C, S, I, F, G fund and adjust accordingly. If you was 50-60% equities, why not just allocate accordingly in the TSP yourself? I would agree with this although the lifecycle funds use some very non-round numbers for their allocations. For example: L2045 ...
by rich126
Wed Apr 07, 2021 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Staying at a company after giving notice? (counter-offer)
Replies: 58
Views: 5848

Re: Staying at a company after giving notice? (counter-offer)

Most of this is highly dependent on the company and managers involved. Some seem to hold everything against people and others are much more understanding. Some (most?) places I would never tell them anything about leaving until I gave my notice. Others I know the people well and will bounce things o...
by rich126
Wed Apr 07, 2021 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: Job Satisfaction vs Maximizing Income
Replies: 87
Views: 5889

Re: Job Satisfaction vs Maximizing Income

While you would prefer to increase income I think you can get to a point where money is secondary to happiness. Sure if a pay cut means you have to make drastic lifestyle changes to include even medical events that is a different story but often it isn't to those levels. I've gone to doubling my sal...
by rich126
Wed Apr 07, 2021 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Job Satisfaction vs Maximizing Income
Replies: 87
Views: 5889

Re: Job Satisfaction vs Maximizing Income

Maybe it is too hypothetical or opaque for many to give advice on. More so, just trying to take a poll of prevailing sentiment. In my mind, I think I could put up with pretty much anything for the first 8-10 years of my career if it will set up my family financially. Not sure if that is just becaus...
by rich126
Wed Apr 07, 2021 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Taking a paycut for a more stable state job (CA)?
Replies: 116
Views: 7340

Re: Taking a paycut for a more stable state job (CA)?

I've gone back and forth on this several times. I've left safe federal government jobs twice (15 and 6.5 yrs) and have an offer to go back now. In your field (QA), I think job stability isn't usually very good. I know where I worked previously QA and CM folks tended to disappear (along with mid-mana...
by rich126
Tue Apr 06, 2021 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: When and how much to disclose in your job search?
Replies: 2
Views: 505

Re: When and how much to disclose in your job search?

I wouldn't say much but of course don't lie either. That process sounds like trying to get a government job, especially one with a clearance. I once was dealing with several small contractors and it turned out 2 of them put me in for the same position with the government (oops!) but it wasn't anythi...
by rich126
Tue Apr 06, 2021 4:37 pm
Forum: Personal Consumer Issues
Topic: Wife Beating Me Up over cost of Landscaping Job
Replies: 20
Views: 2549

Re: Wife Beating Me Up over cost of Landscaping Job

Might want to ask her if she'd prefer to have a flooded basement or house. I've had a lot of issues with drainage at various homes back east. People do get certain prices in their mind for certain jobs. I've known at times I went "Really that much?" and other times "Wow, I thought it ...
by rich126
Tue Apr 06, 2021 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: For those retired or FI, how much do you spend annually?
Replies: 286
Views: 20925

Re: How much do you spend annually in retirement?

I know that there are alot of variables such as cost of living but I am curious what people spend annually in retirement. My gut tells me that $50,000 annually would be living "high on the hog" assuming all debts are paid off. If anyone is willing to share I think it would be interesting....