Search found 5893 matches

by anon_investor
Tue Apr 20, 2021 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need to get back to the grind?
Replies: 4
Views: 288

Re: Do I need to get back to the grind?

OP, if you are bored and want a challenge, then maybe go for it, what is the worst that can happen? You quit? However, if you are perfectly happy right now, you do not NEED the money. At your kids' current ages, I would carefully consider if you want to give up those last few years before the older ...
by anon_investor
Tue Apr 20, 2021 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: How Long Would You Stay in a Boring Government Job?
Replies: 59
Views: 1990

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

Follow the money, or follow your personal desires. As is often the case with jobs, you have to make a choice, because you can't have it all. (By the way, 8-4 sounds like a pretty relaxed schedule to me. I retired after 40 years of 8-6:30.) I think it is all perspective. I used to work 70-100 hours ...
by anon_investor
Tue Apr 20, 2021 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: How Long Would You Stay in a Boring Government Job?
Replies: 59
Views: 1990

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

It’s not getting out of bed, it’s being told to be somewhere for a certain period of time “just because that’s the way we do it.” I will be done with my work today by 2:00 but will have to sit here until 4:00. It’s dumb. It's not dumb, it's outrageous. How dare they pay you a ton of money to sit at...
by anon_investor
Tue Apr 20, 2021 12:05 pm
Forum: Personal Finance (Not Investing)
Topic: How Long Would You Stay in a Boring Government Job?
Replies: 59
Views: 1990

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

Have you requested a WFH/flexible work schedule? It seems silly for a City to lose a lawyer that’s doing their job over a schedule issue, so I would think they would want to try to accommodate you. Not sure why this made me laugh. I used to work for a state government, flexibility is not something ...
by anon_investor
Tue Apr 20, 2021 10:35 am
Forum: Personal Investments
Topic: Confused about my old EE Savings Bond values [Answer: 17 vs 20 year Original Maturity]
Replies: 5
Views: 244

Re: Confused about my old EE Savings Bond values [Answer: 17 vs 20 year Original Maturity]

So is the moral of the story: VFIAX or VTSAX and chill > EE Bonds, if you don't need to touch the money? well, yes, if you know in advance you won't need to touch the money, sure. :D Haha, that is why I am using I Bonds as part of my emergency fund and not EE Bonds. Instead of buying EE Bonds to ho...
by anon_investor
Tue Apr 20, 2021 10:29 am
Forum: Personal Finance (Not Investing)
Topic: How Long Would You Stay in a Boring Government Job?
Replies: 59
Views: 1990

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

How much do you have on your student loans? It sounds like a bad idea to eliminate such an "easy" source of income until you at least have those paid off. Do you have a mortgage or any other debt? How much of your current $70k-75k annual spend consists of loan payments? Would you be 100% ...
by anon_investor
Tue Apr 20, 2021 10:03 am
Forum: Personal Investments
Topic: Confused about my old EE Savings Bond values [Answer: 17 vs 20 year Original Maturity]
Replies: 5
Views: 244

Re: Confused about my old EE Savings Bond values [Answer: 17 vs 20 year Original Maturity]

I was contemplating buying some savings bonds this year and logged into Treasury Direct to poke around. I was browsing some of my previous purchases and am confused how two EE bonds purchased one month apart can have such different values. These were initially paper bonds converted to online holdin...
by anon_investor
Tue Apr 20, 2021 10:00 am
Forum: Personal Finance (Not Investing)
Topic: How Long Would You Stay in a Boring Government Job?
Replies: 59
Views: 1990

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

I initially had a much longer post typed up, but basically it comes down to this. I have two jobs -- one that is meh but very easy (City government) and one that I love (my solo practice). The city government job pays $65,000/year; good healthcare; good benefits; $16,000 contributed by employer to ...
by anon_investor
Tue Apr 20, 2021 9:43 am
Forum: Investing - Theory, News & General
Topic: First 20% of bonds in long-term Treasuries
Replies: 1103
Views: 91554

Re: First 20% of bonds in long-term Treasuries

I’m interested in potentially adding long term treasuries but I have the following mental problems I can’t seem to get over: 1). I’m not convinced the negative correlations vs. equities will hold because it seems like it’s different this time with rates so low. 2). It doesn’t seem like a smart inve...
by anon_investor
Tue Apr 20, 2021 9:41 am
Forum: Investing - Theory, News & General
Topic: Any Reason to NOT max out I Bonds and EE Bonds
Replies: 25
Views: 1944

Re: Any Reason to NOT max out I Bonds and EE Bonds

Is there a risk that the 20 year doubling period of EE bonds could be changed in the future? If so, could this be retroactive? I don’t mean to speculate on future rules, I am just trying to understand if this is an added risk that Ibonds don’t have? This is highly unlikely, at least for any EE Bond...
by anon_investor
Tue Apr 20, 2021 9:38 am
Forum: Investing - Theory, News & General
Topic: I Bonds variable rate @ 3.54% in May
Replies: 90
Views: 11210

Re: I Bonds variable rate @ 3.54% in May

I'm a year and a half from retirement, but that isn't why I purchased them. We had a CD mature that was paying 3+% and couldn't find that rate in another "safe" place for holding part of the emergency fund that we wouldn't need right away. It was at about 1.68% when I purchased the IBond....
by anon_investor
Tue Apr 20, 2021 8:17 am
Forum: Investing - Theory, News & General
Topic: Any Reason to NOT max out I Bonds and EE Bonds
Replies: 25
Views: 1944

Re: Any Reason to NOT max out I Bonds and EE Bonds

I like I Bonds (I use them as the 2nd tier of my EF but count them as part of my fixed income allocation). I don't like the 20 year holding period needed for EE Bonds to double in value, effectively making them a 20 year CD with a steep early withdrawal penalty. If I have to hold something for at le...
by anon_investor
Mon Apr 19, 2021 5:08 pm
Forum: Investing - Theory, News & General
Topic: Starting a test going forward: Motley Fool versus index fund
Replies: 23
Views: 2847

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

nisiprius wrote: Mon Apr 19, 2021 10:55 am Image
That chart looks like we are headed to reversion to the mean...
by anon_investor
Mon Apr 19, 2021 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: When is a lawyer needed for creating a will?
Replies: 22
Views: 1401

Re: When is a lawyer needed for creating a will?

JSparks wrote: Mon Apr 19, 2021 3:58 pm When is a lawyer needed for creating a will?
Always. If you need a will, get it done right, or don't bother at all, since a defective will is like not having one at all.
by anon_investor
Mon Apr 19, 2021 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: Allure of a HSA?
Replies: 20
Views: 1509

Re: Allure of a HSA?

BlueCable wrote: Mon Apr 19, 2021 3:03 pm My company only offers high deductible plans.
+1.
by anon_investor
Mon Apr 19, 2021 1:22 pm
Forum: Personal Consumer Issues
Topic: Facemask Recommendations?
Replies: 45
Views: 2783

Re: Facemask Recommendations?

Any of the cheap surgical masks work as well as an N95 for this, *if* you can get it to seal against your face. That’s what double masking is about. Use a 20 cent surgical mask (we get them by the box at Costco, but in the US they’re for sale everywhere), then cover it with a tight fitting cloth ma...
by anon_investor
Mon Apr 19, 2021 8:14 am
Forum: Personal Investments
Topic: Shift some emergency funds to I bonds for 3.54% interest?
Replies: 20
Views: 3093

Re: Shift some emergency funds to I bonds for 3.54% interest?

It has been a while since I last bought I bonds (Is there a minimum one year holding period? I forget). Wouldn't it be possible to redeem early February 2022 and get that same return in nine months? I Bonds are totally locked down and un-cashable until the beginning of the twelfth month after issue...
by anon_investor
Mon Apr 19, 2021 8:10 am
Forum: Personal Consumer Issues
Topic: Facemask Recommendations?
Replies: 45
Views: 2783

Re: Facemask Recommendations?

We got boxes of blue disposable ones from Costco. Costco.com also has the N95 ones, and a few different cloth ones as well. Online Costco.com has white round "N95" for box of 100 for $ 149.00 (wow!) Did you see the standard 3M blue N95's that used to be inexpensive in boxes at industrial ...
by anon_investor
Mon Apr 19, 2021 6:44 am
Forum: Personal Consumer Issues
Topic: Facemask Recommendations?
Replies: 45
Views: 2783

Re: Facemask Recommendations?

rockstar wrote: Sat Apr 17, 2021 8:31 pm We got boxes of blue disposable ones from Costco.
Costco.com also has the N95 ones, and a few different cloth ones as well.
by anon_investor
Sun Apr 18, 2021 7:03 pm
Forum: Investing - Theory, News & General
Topic: Don't fuss about 529 accounts. Have your child skip the first two years of college instead!
Replies: 141
Views: 10264

Re: Don't fuss about 529 accounts. Have your child skip the first two years of college instead!

The traditional education path didn't become the default because it was the best for everyone; it got that way by not being terrible and working well enough for the vast majority of students. This is somewhat like claiming that the American diet didn’t become the default because it was the beat for...
by anon_investor
Sun Apr 18, 2021 6:49 pm
Forum: Personal Investments
Topic: 529 Plan Contributions for Kit with Autism
Replies: 4
Views: 338

Re: 529 Plan Contributions for Kit with Autism

kelvan80 wrote: Sun Apr 18, 2021 6:43 pm You might be a good candidate for an ABLE account. Are you familiar with those?
+1. OP may be able to rollover 529 plan funds into an ABLE account too.
by anon_investor
Sun Apr 18, 2021 6:28 pm
Forum: Investing - Theory, News & General
Topic: Don't fuss about 529 accounts. Have your child skip the first two years of college instead!
Replies: 141
Views: 10264

Re: Don't fuss about 529 accounts. Have your child skip the first two years of college instead!

The business major is now attending his dream school, chosen at least in part for its reputation and excellent networking opportunities. He won't have to worry about unpaid internships and will have plenty left over for an MBA. .... We too consider college the single best investment that can be mad...
by anon_investor
Sun Apr 18, 2021 6:13 pm
Forum: Personal Investments
Topic: Where to put $400K To Be Used For College Expenses in 5 years?
Replies: 26
Views: 2646

Re: Where to put $400K To Be Used For College Expenses in 5 years?

I second the recommendation to revisit the 529 decision, sine 5-10 years of tax free growth is nothing to sneeze at. In terms of invest allocation I’d be comfortable with a mix of stocks and US Treasuries. 50% Vanguard Total World Stock ETF (VT) 50% iShares iBonds Dec 2030 Term Trsry ETF (IBTK) Why...
by anon_investor
Sun Apr 18, 2021 5:18 pm
Forum: Personal Investments
Topic: Halfway to retirement update
Replies: 4
Views: 957

Re: Halfway to retirement update

Hello all! I am a little more than half way (11 yrs down) to completing a 20 year career in the military where I'll begin to earn a pension. While I imagine I'll keep working following military retirement, it will definitely be on my own terms and in something that is a passion project. Given that,...
by anon_investor
Sun Apr 18, 2021 5:09 pm
Forum: Personal Investments
Topic: Where to put $400K To Be Used For College Expenses in 5 years?
Replies: 26
Views: 2646

Re: Where to put $400K To Be Used For College Expenses in 5 years?

I second the recommendation to revisit the 529 decision, sine 5-10 years of tax free growth is nothing to sneeze at. In terms of invest allocation I’d be comfortable with a mix of stocks and US Treasuries. 50% Vanguard Total World Stock ETF (VT) 50% iShares iBonds Dec 2030 Term Trsry ETF (IBTK) Why...
by anon_investor
Sun Apr 18, 2021 6:59 am
Forum: Personal Finance (Not Investing)
Topic: I want to buy cash with my credit card. Will the IRS allow this adventure of mine?
Replies: 43
Views: 4821

Re: I want to buy cash with my credit card. Will the IRS allow this adventure of mine?

[...] So borrow money for free to give the IRS an interest free loan? Yeah, that sounds like a great way to game the system.... :oops: :P :D The IRS should pay me back long before I need to pay off the credit card. I see 0 benefit but some risk (IRS decides to audit and not issue a refund before yo...
by anon_investor
Sun Apr 18, 2021 12:09 am
Forum: Personal Finance (Not Investing)
Topic: I want to buy cash with my credit card. Will the IRS allow this adventure of mine?
Replies: 43
Views: 4821

Re: I want to buy cash with my credit card. Will the IRS allow this adventure of mine?

[...] I would say the IRS is not made happy. They have to pay you interest, probably at a rate that doesn't benefit them, and they get none of the 1.96% you are paying the credit card processors. You must have a reason for wanting a loan or you wouldn't be paying the processing fees to get it. The ...
by anon_investor
Sun Apr 18, 2021 12:07 am
Forum: Personal Investments
Topic: 529 from NY to VA and private elementary
Replies: 5
Views: 499

Re: 529 from NY to VA and private elementary

Although your earned income is NY sourced, won't you have other income subject to VA income tax that you can deduct? Also, is the income NY sourced because it is remote work for a NY based company? Yes, remote work for an NYC employer. Taxable investment income would be negligible. In 2022, the cur...
by anon_investor
Sun Apr 18, 2021 12:02 am
Forum: Personal Consumer Issues
Topic: How to get the best sleep?
Replies: 27
Views: 1908

Re: How to get the best sleep?

I had trouble sleeping... I was later diagnosed with sleep apnea. CPAP machine works, I sleep well every night.

OP should see if he has any symptoms, and if so talk to his doctor:
https://www.mayoclinic.org/diseases-con ... c-20377631
by anon_investor
Sat Apr 17, 2021 11:59 pm
Forum: Personal Finance (Not Investing)
Topic: Any happy lawyers out there?
Replies: 137
Views: 12415

Re: Any happy lawyers out there?

Hello, all. I have a first-world problem to share with the Bogleheads. I'm in my mid-late 20s with a couple years of high school teaching under my belt. I do not lack for money and (with any luck) likely never will. I live below my means, and I want for nothing material. I do not have a family of m...
by anon_investor
Sat Apr 17, 2021 11:56 pm
Forum: Personal Investments
Topic: Shift some emergency funds to I bonds for 3.54% interest?
Replies: 20
Views: 3093

Re: Shift some emergency funds to I bonds for 3.54% interest?

Any reason i bonds wouldn’t make sense for a retired person holding a lot of cash? Asking for a parent and don’t know a ton about them. For the most part they seem a no brainer. The only downsides: 1. Money is locked up one year. 2. You lose 3 months of interest if held less than 5 years. Even with...
by anon_investor
Sat Apr 17, 2021 11:48 pm
Forum: Personal Investments
Topic: 529 from NY to VA and private elementary
Replies: 5
Views: 499

Re: 529 from NY to VA and private elementary

Anyone experienced with using a 529 plan to pay for private K-12 school in VA? Anyone moved from NY to VA? Am I correct that we should leave the NY 529 in place (vs transferring it into the VA one)? Tentative scenario is that we leave NYC (rental apartment) at the end of June to live full time in V...
by anon_investor
Sat Apr 17, 2021 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: Biglaw moving in-house, portfolio check-in and housing budget
Replies: 13
Views: 1028

Re: Biglaw moving in-house, portfolio check-in and housing budget

Congrats! I transitioned from senior biglaw associate to megacorp in-house a few years ago. Best decision I ever made, the work/life balance has been amazing. I had 2 young kids when I left biglaw, now I have 3, the amount of time I get to spend with them is amazing. Some small things to look into: ...
by anon_investor
Sat Apr 17, 2021 7:25 pm
Forum: Personal Investments
Topic: Help deciding ratio of college vs. retirement savings
Replies: 25
Views: 1839

Re: Help deciding ratio of college vs. retirement savings

My wife and I are having an *ahem* discussion about what ratio we should fund our kids 529s vs. retirement. We have 3 kids. Ages 11, 9, 7. Current 529 balance is 12k. We're both 37 years old. Our parents paid for our undergraduate degrees (while we worked and contributed as students) and we'd like ...
by anon_investor
Sat Apr 17, 2021 7:18 pm
Forum: Personal Investments
Topic: Shift some emergency funds to I bonds for 3.54% interest?
Replies: 20
Views: 3093

Re: Shift some emergency funds to I bonds for 3.54% interest?

I said to heck with it and put $20K of my $28K emergency fund in I Bonds over the last two weeks. Hope you managed to snag the 0.2% fixed rate ones last year like I did! :sharebeer I wish I had started buying in 2019 when the 0.5% fixed rate ones were available! I never even heard of an I Bond unti...
by anon_investor
Sat Apr 17, 2021 7:15 pm
Forum: Personal Consumer Issues
Topic: Electric Shaver Replacement Head Replacements?
Replies: 14
Views: 957

Re: Electric Shaver Replacement Head Replacements?

I can confirm the accuracy of the Amazon reviews about the non-OEM (counterfeit) replacement rotary heads. The knock-offs are like buying OEM rotary heads after 6 months of use. You definitely want to always stick to the OEM heads. Unfortunately, the OEM rotary heads are super expensive, especially...
by anon_investor
Sat Apr 17, 2021 7:09 pm
Forum: Personal Consumer Issues
Topic: Non-Pilling Bed Sheets
Replies: 5
Views: 522

Re: Non-Pilling Bed Sheets

I have high thread count bed sheet purchased on sale at Ikea that don't pill and I use the dryer...
by anon_investor
Sat Apr 17, 2021 7:02 pm
Forum: Personal Investments
Topic: Shift some emergency funds to I bonds for 3.54% interest?
Replies: 20
Views: 3093

Re: Shift some emergency funds to I bonds for 3.54% interest?

Doc7 wrote: Sat Apr 17, 2021 6:53 pm I said to heck with it and put $20K of my $28K emergency fund in I Bonds over the last two weeks.
Hope you managed to snag the 0.2% fixed rate ones last year like I did! :sharebeer

I wish I had started buying in 2019 when the 0.5% fixed rate ones were available!
by anon_investor
Sat Apr 17, 2021 6:59 pm
Forum: Personal Consumer Issues
Topic: Facemask Recommendations?
Replies: 45
Views: 2783

Re: Facemask Recommendations?

Well from what i see online on people in the US, seems like ton of ppl still wearing those blue face masks though? Okay how much do N95 masks typically cost then each at a pharmacy? Aren't those still one to two dollars each etc? Those you can't reuse right? Always curious about how i also see peop...
by anon_investor
Sat Apr 17, 2021 6:56 pm
Forum: Personal Consumer Issues
Topic: Contact Lenses Online?
Replies: 26
Views: 1463

Re: Contact Lenses Online?

I find Costco in person cheaper. They always have an instant rebate of some kind.
by anon_investor
Sat Apr 17, 2021 6:45 pm
Forum: Personal Investments
Topic: Shift some emergency funds to I bonds for 3.54% interest?
Replies: 20
Views: 3093

Re: Shift some emergency funds to I bonds for 3.54% interest?

as9 wrote: Sat Apr 17, 2021 6:22 pm Any reason i bonds wouldn’t make sense for a retired person holding a lot of cash? Asking for a parent and don’t know a ton about them.
If they will not need the money for 1 year, they are a good parking place right now, but there is $10k annual purchase limit per social security number.
by anon_investor
Sat Apr 17, 2021 6:38 pm
Forum: Personal Investments
Topic: If you miss the 401k rollover period, are you stuck with that provider forever?
Replies: 7
Views: 789

Re: If you miss the 401k rollover period, are you stuck with that provider forever?

diy60 wrote: Sat Apr 17, 2021 6:37 pm
workingovertime wrote: Sat Apr 17, 2021 6:32 pm After quitting a job and you miss the period to rollover 401k, are you stuck with that provider?
No, there is no such thing as a defined "period to rollover 401K".
+1. I have done 401k rollovers years later before.
by anon_investor
Sat Apr 17, 2021 6:36 pm
Forum: Personal Consumer Issues
Topic: Contact Lenses Online?
Replies: 26
Views: 1463

Re: Contact Lenses Online?

Also speaking of rakuten cashback, is there a way to make sure you get cashback? Thing is i use this extension on google chrome called adblock plus to block ads... but how do i make sure i don't block anything on the 1800contacts website to prevent any issue? A while back i recalled if you had adbl...
by anon_investor
Sat Apr 17, 2021 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: I want to buy cash with my credit card. Will the IRS allow this adventure of mine?
Replies: 43
Views: 4821

Re: I want to buy cash with my credit card. Will the IRS allow this adventure of mine?

I would not go looking to potentially increase the amount of contact I have with the IRS or their motivation to examine my account. Rule of thumb. That is a good rule of thumb! Is the worst that could happen an audit? I wouldn't mind an audit. (Famous last words, I'm sure.) Buy $5k in I Bonds, prob...
by anon_investor
Sat Apr 17, 2021 6:04 pm
Forum: Personal Investments
Topic: Shift some emergency funds to I bonds for 3.54% interest?
Replies: 20
Views: 3093

Re: Shift some emergency funds to I bonds for 3.54% interest?

Due to a recent burst of inflation, it appears the interest rate on I bonds is going to reset to 3.54% in May. https://tipswatch.com/ This is way better than the yield on my "high" yield savings and municipal bond funds. Any reason not to switch some funds over? Would you invest in the la...
by anon_investor
Sat Apr 17, 2021 5:49 pm
Forum: Personal Finance (Not Investing)
Topic: I want to buy cash with my credit card. Will the IRS allow this adventure of mine?
Replies: 43
Views: 4821

Re: I want to buy cash with my credit card. Will the IRS allow this adventure of mine?

8foot7 wrote: Sat Apr 17, 2021 5:47 pm I would not go looking to potentially increase the amount of contact I have with the IRS or their motivation to examine my account. Rule of thumb.
That is a good rule of thumb!
by anon_investor
Sat Apr 17, 2021 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: I want to buy cash with my credit card. Will the IRS allow this adventure of mine?
Replies: 43
Views: 4821

Re: I want to buy cash with my credit card. Will the IRS allow this adventure of mine?

I have a credit card with an introductory 0% APR. Using one of the three IRS-approved credit card processing firms, may I intentionally overpay for my Form 1040 filing? After waiting a few weeks, my intention is to file my taxes, enter this overpayment into TurboTax, and eventually receive the over...
by anon_investor
Sat Apr 17, 2021 5:05 pm
Forum: Personal Investments
Topic: Help deciding ratio of college vs. retirement savings
Replies: 25
Views: 1839

Re: Help deciding ratio of college vs. retirement savings

I would max out all retirement accounts before putting a penny into 529 plans. Retirement account balances won't hurt your kids' fin aid chances, 529 plans will.
by anon_investor
Sat Apr 17, 2021 3:51 pm
Forum: Personal Finance (Not Investing)
Topic: Any happy lawyers out there?
Replies: 137
Views: 12415

Re: Any happy lawyers out there?

hambusin wrote: Sat Apr 17, 2021 3:32 pm
Dagwood wrote: Sat Apr 17, 2021 6:12 am Wife and I both attorneys for 20+ years. I am now in what most would consider a prestigious government job with excellent pay (not the GS scale)
Hi Dagwood,

What types of government law jobs are not on the GS scale?
Attorney General?

Edit: apparently there is an Executive Senior Level
by anon_investor
Sat Apr 17, 2021 3:46 pm
Forum: Investing - Theory, News & General
Topic: Don't fuss about 529 accounts. Have your child skip the first two years of college instead!
Replies: 141
Views: 10264

Re: Don't fuss about 529 accounts. Have your child skip the first two years of college instead!

Another thing to consider is outright cost of the college. One of my biggest financial mistakes was going to one of the top universities in California which also happened to be very expensive. Go to state school and save a bunch of money. Nobody ever asks me where I got my undergraduate degree or e...