Search found 484 matches

by humblecoder
Sun Apr 11, 2021 8:20 am
Forum: Personal Investments
Topic: VT and home country bias
Replies: 9
Views: 826

Re: VT and home country bias

I want to invest in VT for its simplicity and perceived benefit of fewer personal behavioral interventions (is there empirical evidence of this benefit? ). I have no interest in using valuations to tilt one way or another. I'm 46 and just want something we don't need to ever mess with for as long a...
by humblecoder
Sat Apr 10, 2021 9:06 am
Forum: Personal Consumer Issues
Topic: Bathroom remodel with no GC?
Replies: 15
Views: 1937

Re: Bathroom remodel with no GC?

Many many years ago in our first house, we "remodeled" our kitchen without a GC. We generally kept the layout the same, but we swapped out the cabinets, new countertop and backsplash, new appliances, and updated electrical outlets. We went to a Home Depot retailer with our measurements and...
by humblecoder
Sat Apr 10, 2021 8:57 am
Forum: Personal Consumer Issues
Topic: Any MagicJack phone alternatives that are cheaper and better?
Replies: 13
Views: 1288

Re: Any MagicJack phone alternatives that are cheaper and better?

We have a landline bundled in with our TV and Internet service. It was cheaper to get the landline bundled in than to get only TV+Internet. However, if it weren't for the fact that the TV+Internet was cheaper with a landline, we wouldn't have got it. We use our cell phones exclusively. We don't even...
by humblecoder
Fri Apr 09, 2021 11:34 am
Forum: Personal Consumer Issues
Topic: Are you competitive? If so, how do you compete as you get older?
Replies: 46
Views: 2926

Re: Are you competitive? If so, how do you compete as you get older?

I, too, like the thrill of competition and the pride of achieving. However, in my early teens, I had a major bank injury which precluded me from competing in any physical or sports-related activities. However, I was able to scratch that itch through various mental competitions: math competitions, sc...
by humblecoder
Fri Apr 09, 2021 9:19 am
Forum: Personal Consumer Issues
Topic: Definition of one more year (OMY).
Replies: 41
Views: 3667

Re: Definition of one more year (OMY).

KlangFool, I know you like to argue with people. I'm not talking about if one should do OMY or not. I just want to know what is considered as OMY. For your example B, the person has no intention to retire any time soon, he is not doing OMY, in my opinion. Maybe I am not one of the "cool kids&q...
by humblecoder
Thu Apr 08, 2021 10:34 pm
Forum: Personal Consumer Issues
Topic: Definition of one more year (OMY).
Replies: 41
Views: 3667

Re: Definition of one more year (OMY).

KlangFool, I know you like to argue with people. I'm not talking about if one should do OMY or not. I just want to know what is considered as OMY. For your example B, the person has no intention to retire any time soon, he is not doing OMY, in my opinion. Maybe I am not one of the "cool kids&q...
by humblecoder
Thu Apr 08, 2021 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: Value of a single mortgage servicer?
Replies: 4
Views: 334

Re: Value of a single mortgage servicer?

Count me as $0. I've had mortgages that have changed hands multiple times. Never had an issue with any of the servicers. - Our latest mortgage changed hands three times in the first two years and finally ended up with Chase. No issues with any of the hand offs. - Our previous mortgage stayed with th...
by humblecoder
Thu Apr 08, 2021 5:59 pm
Forum: Personal Finance (Not Investing)
Topic: Life insurance + long term care rider bundle?
Replies: 13
Views: 655

Re: Life insurance + long term care rider bundle?

One possible way to avoid this tax is to purchase your own long term care insurance. I recently chatted with an insurance agent who mentioned that they have a life insurance + long term care rider bundle which costs $1600/year. Some of the premium (e.g., $1200 in the first year) will go into a cash...
by humblecoder
Thu Apr 08, 2021 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Better to buy a new vs used car these days??
Replies: 21
Views: 1971

Re: Better to buy a new vs used car these days??

I was always under the impression that its best to buy a car 3-5 years old with 40k to 60k miles so that most of the depreciation has already been taken but looking around it seems that the price difference between a brand new Rav4 or Outback and a used one is pretty small. Is it even worth buying ...
by humblecoder
Thu Apr 08, 2021 10:40 am
Forum: Personal Finance (Not Investing)
Topic: EIN vs SSN for Sole Prop 1099
Replies: 2
Views: 207

Re: EIN vs SSN for Sole Prop 1099

Shifting from W2 to 1099 Sole Prop physician. Setting up Vanguard individual 401k and bank of america checking/credit card. Vanguard i401k requires EIN - which I got in my name from IRS. BoA requires checking account based on an EIN to have a business license and a business name filing document . I...
by humblecoder
Thu Apr 08, 2021 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Chase Sapphire Preferred
Replies: 17
Views: 1388

Re: Chase Sapphire Preferred

Which brings me to the CSP. Has this card basically become useless but with an annual fee? The Chase Freedom Flex basically does most of what it does, save the nominal 2% on travel, which is terrible. Maybe my memory is foggy, but I could have swore the benefits were better than this like 3 years a...
by humblecoder
Wed Apr 07, 2021 10:57 am
Forum: Personal Investments
Topic: How much cash do you really hold?
Replies: 91
Views: 6210

Re: How much cash do you really hold?

So, conventional wisdom is to set aside an emergency fund (EF) in cash and then invest any other savings. Number of months of expenses to put in the EF and how to invest other savings in will of course depend on preference and situation. But *aside* from the EF (and any other short-term cash needs ...
by humblecoder
Wed Apr 07, 2021 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Tax bill split between spouses
Replies: 81
Views: 4230

Re: Tax bill split between spouses

My wife is self-employed, but I am not. I'll withhold an amount from my paycheck, and then she makes quarterly payments based upon her business income. Her income is pretty predictable, so we generally know what the quarterly payments should be. I end up withholding a little more than I normally wou...
by humblecoder
Tue Apr 06, 2021 9:53 pm
Forum: Personal Investments
Topic: 34yr old - First time poster - Portfolio & Life Help
Replies: 20
Views: 3084

Re: 34yr old - First time poster - Portfolio & Life Help

Life question: 1. I feel like a bit of Russian nesting doll + chicken and egg problem - I really dont know which to tackle first - My unhappiness at my job (change jobs, go get a PhD), my personal life, buying a home, immigration (move to Canada? or back to home country?) etc. Any advice? I think I...
by humblecoder
Tue Apr 06, 2021 1:17 pm
Forum: Personal Investments
Topic: Roth conversion ideas needed
Replies: 35
Views: 3235

Re: Roth conversion ideas needed

Edit: I guess OP says "We had some a few years ago, but closed them and focused on qualifying for ACA subsidies)" which is a little ambiguous. If he opened and never funded, then the 5 year clock was not started. otw if he funded and then used up the money to keep AGI low for ACA, then he...
by humblecoder
Tue Apr 06, 2021 1:11 pm
Forum: Personal Investments
Topic: Roth conversion ideas needed
Replies: 35
Views: 3235

Re: Roth conversion ideas needed

Even if you don't want to start doing conversions this year, my suggestion would be to open the Roth IRA and do a small conversion just to get the clock started on the second 5 year rule. I don't think that's quite right. If these were Roth contributions from earned income, then it's 5 years from e...
by humblecoder
Tue Apr 06, 2021 12:28 pm
Forum: Personal Investments
Topic: Roth conversion ideas needed
Replies: 35
Views: 3235

Re: Roth conversion ideas needed

1) If we do some Roth conversions over the next few years, there is a 5 year holding period on each conversion, right? Is there any penalty for withdrawals prior to 5 year wait and is that penalty for any withdrawal or just earnings? (We don’t have any Roth accounts. We had some a few years ago, bu...
by humblecoder
Tue Apr 06, 2021 12:00 pm
Forum: Personal Investments
Topic: 2021 Check Up. 31 Years Old. NW $5M.
Replies: 48
Views: 5773

Re: 2021 Check Up. 31 Years Old. NW $5M.

I was curious if there's anything completely out of the ordinary? Here's what the buckets mean: Honestly, this is like the worst humble brag post I've seen on here. What's "out of the ordinary" is that you have a higher net worth than 99% of people at any age, let alone at age 31. Anyone ...
by humblecoder
Tue Apr 06, 2021 11:45 am
Forum: Personal Investments
Topic: Any 3 fund portfolio folks hedging on Total Bond?
Replies: 8
Views: 795

Re: Any 3 fund portfolio folks hedging on Total Bond?

I currently have a fairly common, generic 3 fund portfolio. With Total Stock, All World International, and Total Bond. If you have something similar are you currently or in the near future going to hedge Total Bond (or your bond fund) in some way? Perhaps cds, or ? If you are not hedging Total Bond...
by humblecoder
Tue Apr 06, 2021 9:54 am
Forum: Personal Investments
Topic: Fossil Free Fund Comparable to an Index Fund?
Replies: 25
Views: 1667

Re: Fossil Free Fund Comparable to an Index Fund?

I have made this observation before, but I'll make it again. In my short time on this message board, it seems like people not only answer the question that is posed, but they also challenge the validity of the question itself. This thread is a perfect example of that, considering that the majority o...
by humblecoder
Sun Apr 04, 2021 9:38 pm
Forum: Personal Investments
Topic: Best all-in-one, set it and forget portfolio?
Replies: 36
Views: 3117

Re: Best all-in-one, set it and forget portfolio?

I've done some research on my own in this area, since I am considering more simplicity as I get older, even if it isn't "perfect" or "the best". There are two types of "single fund" investments: target date and target allocation. You didn't specify which type you were l...
by humblecoder
Sun Apr 04, 2021 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Claiming SS early or late for non-representative sub-populations
Replies: 14
Views: 1178

Re: Claiming SS early or late for non-representative sub-populations

The average life expectancy of an American is around 78 (https://en.wikipedia.org/wiki/List_of_countries_by_life_expectancy). That's life expectancy at birth. It's only relevant in this context if you need to make your social security decision the day you are born. So even if the average life expec...
by humblecoder
Sun Apr 04, 2021 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Claiming SS early or late for non-representative sub-populations
Replies: 14
Views: 1178

Re: Claiming SS early or late for non-representative sub-populations

Let’s imagine that every person born in Arkansas has a life expectancy two years shorter than average and every person born in Mississippi has a life expectancy two years longer than average. (I picked those two states solely because they are roughly equivalent in population). Ignoring the “longevi...
by humblecoder
Sat Apr 03, 2021 9:33 pm
Forum: Personal Investments
Topic: Help Establishing a Boglehead-Friendly Strategy!
Replies: 11
Views: 990

Re: Help Establishing a Boglehead-Friendly Strategy!

Thanks for the clarification. Yes, your original post was not clear (at least to me :happy) that you were looking for help in mapping your fund choices to the "three-fund portfolio". I still contend that you have GREAT fund choices, but I won't harp on that. In this case, the BH wiki is yo...
by humblecoder
Sat Apr 03, 2021 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: 20.00 Small Potato Ethical Dilemma
Replies: 18
Views: 1964

Re: 20.00 Small Potato Ethical Dilemma

I would pass it along to the tenant. One of the draws of your rental is use of the community pool. If that is not available and the HOA is refunding the cost to you, it seems reasonable to pass it along to the person who is impacted (i.e. your tenant). Besides, it could generate some goodwill.
by humblecoder
Sat Apr 03, 2021 11:03 am
Forum: Personal Investments
Topic: Help Establishing a Boglehead-Friendly Strategy!
Replies: 11
Views: 990

Re: Help Establishing a Boglehead-Friendly Strategy!

... I don't know what your definition of "unacceptably high" is, but those fees are super low by the standards of 99.999999999% of people on here. You can really can't do much better than this. All those funds that you listed are under 0.10% which is great. Am I missing something? Yes, th...
by humblecoder
Sat Apr 03, 2021 10:53 am
Forum: Personal Investments
Topic: Help Establishing a Boglehead-Friendly Strategy!
Replies: 11
Views: 990

Re: Help Establishing a Boglehead-Friendly Strategy!

My wife's 403b and 457b are with Fidelity and she has the following index fund options (along with the non-index versions of the Freedom funds, which is where she is currently invested for her 403b and 457b, but as we seek to clean up things, I know those fees are unacceptably high ): Fidelity® 500...
by humblecoder
Sat Apr 03, 2021 8:22 am
Forum: Personal Investments
Topic: I need a brokerage (or financial instrument) that won't let me sell
Replies: 25
Views: 2320

Re: I need a brokerage (or financial instrument) that won't let me sell

I know this isn't exactly what you are looking for, but what about a Target-Date Fund or Asset Allocation fund? Yes, I realize that there isn't any penalty to sell, but having a single fund may reduce your temptation to tinker. I realize that there are downsides (slightly higher fees, cannot use tax...
by humblecoder
Fri Apr 02, 2021 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Asking for more Merit aid? College decision day 5/1
Replies: 33
Views: 1694

Re: Asking for more Merit aid? College decision day 5/1

The May 1st deadline for choosing a college is quickly approaching. Our son has received merit scholarship offers at all but one school in which he has applied. Three in-state schools have offered a range of full tuition, $9,000/year, and $4,000/year. The later two have a major in which he is inter...
by humblecoder
Fri Apr 02, 2021 9:26 am
Forum: Personal Finance (Not Investing)
Topic: Do I keep 2 vehicles or 1 vehicle?
Replies: 27
Views: 2765

Re: Do I keep 2 vehicles or 1 vehicle?

Others have pointed out the contradiction in the original post so I won't pile on. Here would be my preferred option: 1. Continue to commute with the current car that has a better MPG 2. Flip the truck (by "flip" I mean turn around and re-sell it... not literally flip it over :D) 3. If you...
by humblecoder
Thu Apr 01, 2021 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: (Invalid?) Relocation repayment agreement
Replies: 13
Views: 920

Re: (Invalid?) Relocation repayment agreement

One year lock-in is better than what I had. My relocation agreement was written so that I had to pay something back if I left within THREE years (100% if I left within 1 year, 50% if 1-2 years, and 25% if 2-3 years). Fortunately, I am beyond the 3 year point, so I am in the clear :-) Anyway, my thou...
by humblecoder
Thu Apr 01, 2021 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Previous Salary req before offer
Replies: 24
Views: 2072

Re: Previous Salary req before offer

I went through 3 rounds of interview and now HR sent me an e-mail asking me to fill what I am making in current position. I know its illegal in certain part of USA but state does not have any specific guidelines in the place where I live. How to respond to such requests from the HR who did not make...
by humblecoder
Thu Apr 01, 2021 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Home Inspection Advice
Replies: 41
Views: 1323

Re: Home Inspection Advice

The basement does have a sump pump and a French drain. The home inspectors report is already done, if I wanted to have someone take an inspection just focused on foundation integrity issues are their experts who specialize in that? For one house, we had a foundation inspection done by a structural ...
by humblecoder
Thu Apr 01, 2021 11:02 am
Forum: Personal Finance (Not Investing)
Topic: Home Inspection Advice
Replies: 41
Views: 1323

Re: Home Inspection Advice

In the current hot market, if a buyer said they wanted to test my 100 year old house for lead paint or asbestos (possibly leading to an expensive remediation), I would blow up the deal and go on to the next buyer. See what I just posted. We did make the seller remediate asbestos because I wasn't go...
by humblecoder
Thu Apr 01, 2021 10:45 am
Forum: Personal Finance (Not Investing)
Topic: Home Inspection Advice
Replies: 41
Views: 1323

Re: Home Inspection Advice

First off it says ""The reporting of the possible presence of mold, asbestos, lead paint , UFFI, radon, electromagnetic radiation, toxic wastes, oil tanks and other indoor or outdoor pollutants, is outside he scope of this inspection". The radon he is doing in a separate report and t...
by humblecoder
Wed Mar 31, 2021 9:24 pm
Forum: Personal Consumer Issues
Topic: Good Modern Science Fiction
Replies: 497
Views: 88334

Re: Good Modern Science Fiction

I'm thinking to read the Night's Dawn trilogy next - The Reality Dysfunction , The Neutronium Alchemist , and The Naked God . I may have read this before. If so, it was on paperback which I don't have any more. Or, perhaps reread the Commonwealth Saga . I realize this is an older post, but here I g...
by humblecoder
Wed Mar 31, 2021 12:16 pm
Forum: Personal Consumer Issues
Topic: Curious about negative expat experiences -- why don't more people do it?
Replies: 111
Views: 10603

Re: Curious about negative expat experiences -- why don't more people do it?

This puzzles me, because 99% of people (even white collar professionals) don't take an expat gig, so if it's so wonderful, why isn't everyone doing it? Thus, I was hoping if the wise folks here might have some contrary advice, perhaps informed by experience. ... So . . . what am I missing? If expat...
by humblecoder
Wed Mar 31, 2021 12:12 pm
Forum: Personal Consumer Issues
Topic: Curious about negative expat experiences -- why don't more people do it?
Replies: 111
Views: 10603

Re: Curious about negative expat experiences -- why don't more people do it?

I work in HR and at one point in my career I worked with placing and supporting Expats. We usually had enough people interested in going on assignments, however we had quite a few employees who did not enjoy their experience. This was mainly because they go to a new country and think everything sho...
by humblecoder
Tue Mar 30, 2021 7:35 pm
Forum: Personal Consumer Issues
Topic: Does Honors Undergrad help Grad School Admission
Replies: 38
Views: 2797

Re: Does Honors Undergrad help Grad School Admission

I don't agree with this at all. I think an MS in Computer Science is about the best value degree you can obtain and highly worth it. I think the ROI on a masters is far superior than either a bachelors or PhD (even if you have to pay 5 figures for it). Many jobs have cut off of "graduate degre...
by humblecoder
Tue Mar 30, 2021 11:26 am
Forum: Personal Consumer Issues
Topic: Does Honors Undergrad help Grad School Admission
Replies: 38
Views: 2797

Re: Does Honors Undergrad help Grad School Admission

For most posts, I add a disclaimer along the lines of "I am not a lawyer, accountant, or tax professional" because I am just Joe Schmo layperson who knows how to google. However, in this case, I happen to have an MS in Computer Science and I work in the software industry, so I have more di...
by humblecoder
Mon Mar 29, 2021 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Remote working situation - questions
Replies: 18
Views: 2016

Re: Remote working situation - questions

Yes, it does hurt you. Let's say you come back to them with another job offer, but you tell them that you will stay on if they allow you to be 100% remote. There is a good chance that, even if they do agree, you will be at a disadvantage when it comes to any promotion opportunities or even choice l...
by humblecoder
Mon Mar 29, 2021 8:11 pm
Forum: Personal Finance (Not Investing)
Topic: Remote working situation - questions
Replies: 18
Views: 2016

Re: Remote working situation - questions

If they recently went out of their way to send out a memo that says they are against fully remote, I think your chances of a fully remote position with this employer is extremely low. I was thinking perhaps this was just their public stance since they fear everyone would ask for remote if they open...
by humblecoder
Sun Mar 28, 2021 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Black Swan insurance
Replies: 45
Views: 3491

Re: Black Swan insurance

Also, while ABLE contribution limit is only 15K/yr, you don't stop contribution at age 26! You can contribute up to 100K total and are allowed a max a/c value (combination of contribution + growth) of 500K in California! You need to look up the max a/c value in your state - it could be anywhere fro...
by humblecoder
Sun Mar 28, 2021 1:52 pm
Forum: Personal Finance (Not Investing)
Topic: Black Swan insurance
Replies: 45
Views: 3491

Re: Black Swan insurance

No work record for 25 year okd make ssdi impossible I assume (earned benefit). Maybe if I could establish this started when he was a child that might reduce income requirements but not sure I can establish so easily. He did graduate from college, which shows capability through 22, things got worse ...
by humblecoder
Sun Mar 28, 2021 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Black Swan insurance
Replies: 45
Views: 3491

Re: Black Swan insurance

As to disability, I am aware of ABLE and SSDI, and from all I read it's tough to get qualified for SSDI and it's not enough $ to solve the problem. Son who dropped out of grad school has no income so I guess some is better than none but his particular issue is tough to get covered. In his case I th...
by humblecoder
Sat Mar 27, 2021 10:31 pm
Forum: Personal Finance (Not Investing)
Topic: Having Analysis Paralysis
Replies: 10
Views: 1208

Re: Having Analysis Paralysis

If it were me, I'd consider selling both houses as this would greatly simplify life. House #1 could rent for $2500. You have no mortgage but I assume that there are other expenses on this house. My assumption is that, from a financial standpoint, you might net a little positive cash flow, but it won...
by humblecoder
Sat Mar 27, 2021 10:14 pm
Forum: Personal Finance (Not Investing)
Topic: Retire vs resign - Is there a difference?
Replies: 81
Views: 8129

Re: Retire vs resign - Is there a difference?

I read somewhere in this forum that retiring means different thing from resigning from MC. Someone mentioned one needs to be 55 years old to officially retire (per MC policy). Is it true that MC gives more benefit to folks who retire such as future RSU vesting and other things??? Thanks for sharing...
by humblecoder
Sat Mar 27, 2021 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Valuing web business for net worth purposes
Replies: 28
Views: 1470

Re: Valuing web business for net worth purposes

Just curious if you include your business valuation in your net worth? If so, how would you value a web business that makes money from advertising? I’ve seen something like 24-36x average monthly profits from the last 12 months. Is that reasonable? How about with cookies going away? My wife has a b...
by humblecoder
Sat Mar 27, 2021 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: H&R Block Tax Software Frustrations
Replies: 12
Views: 2875

Re: H&R Block Tax Software Frustrations

I use H&R Block tax software but I haven't run into this. However, I do provide my driver's license information when prompted (optional step to verify identity) so maybe that's why I didn't get into this. I understand not wanting to give out personal information to an unverified source. What you...
by humblecoder
Sat Mar 27, 2021 11:54 am
Forum: Personal Finance (Not Investing)
Topic: Short term saving strategy taking into account taxes
Replies: 20
Views: 1181

Re: Short term saving strategy taking into account taxes

Appreciate the response, understand the criticism. I initially sold GME for a $625,000 profit in January. I also profited >$200k in Roth IRA’s. Ran the 625k up to about 733k then cashed out when I dipped down to 527k. I’m expecting to owe about 215k on that amount and then assume I’m also now going...