Search found 311 matches

by Savvy
Thu Apr 08, 2021 8:50 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your View Of the Fidelity 2% Cash Back Visa Credit Card
Replies: 62
Views: 5338

Re: What's Your View Of the Fidelity 2% Cash Back Visa Credit Card

Yes, it's our main card and Elan/Fidelity is great. I think there are a lot of posts on this already if you search.
by Savvy
Tue Mar 30, 2021 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Career Advice
Replies: 12
Views: 1401

Re: Career Advice

You will be impacting future opportunities. But you turned down those opportunities because you didn't want them! So I don't see an issue here. Seems like salary, flexibility, and work life balance are all good right now, so I wouldn't put too much thought into this.
by Savvy
Sat Mar 20, 2021 10:24 am
Forum: Personal Finance (Not Investing)
Topic: Starting a new job and unsure which health plan to pick. First time doing this. Any suggestions?
Replies: 30
Views: 1494

Re: Starting a new job and unsure which health plan to pick. First time doing this. Any suggestions?

HDHP with HSA will probably be best bet. Do they let you invest in HSA? Max HSA and pay for expenses out of pocket. Save receipts. After getting 401k match, HSA is best investment vehicle in my opinion.
by Savvy
Fri Feb 26, 2021 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Can I safely quit? Should I quit?
Replies: 51
Views: 6201

Re: Can I safely quit? Should I quit?

I think you could. But I recommend a sabbatical as soon as you can. If it's long it would probably be unpaid, if it's 3 to 6 months they might pay you if you ask. Perhaps sign a contract that if sabbatical is paid you agree to work a minimum of 12 months upon your return. Not sure where you live but...
by Savvy
Sat Feb 20, 2021 11:23 am
Forum: Personal Investments
Topic: Instruction To Loved Ones!
Replies: 21
Views: 2053

Re: Instruction To Loved Ones!

Have you written you IPS together? If you wrote it, has she read it, understands it, agrees with it, and knows where to find it if something happens to you? Does it include steps on investment strategy and specifically who to contact for questions or advice?
by Savvy
Mon Feb 15, 2021 10:28 am
Forum: Non-US Investing
Topic: 18 Year Old Looking For Portfolio Tips (UK)
Replies: 36
Views: 2664

Re: 18 Year Old Looking For Portfolio Tips (UK)

Apologies, not exactly answering your questions: -biggest impact on your savings right now is not fund choice or expense ratio, it's contribution amount. Focus on doing great at uni and lining up a solid career. -I'm in corporate finance, good work life balance and good pay -work hard and have a go...
by Savvy
Mon Feb 15, 2021 10:25 am
Forum: Personal Investments
Topic: Am I ahead or behind for my age? Do I need an emergency fund?
Replies: 27
Views: 2341

Re: Am I ahead or behind for my age? Do I need an emergency fund?

You're doing a good job!

If you are in 0% tax bracket for long terms capital gains, are you doing any tax GAIN harvesting? Make sure no space goes unused!
by Savvy
Sat Feb 13, 2021 7:23 pm
Forum: Personal Consumer Issues
Topic: What is your favorite non fiction book?
Replies: 142
Views: 8513

Re: What is your favorite non fiction book?

Unbroken
Disney War
In the Kingdom of Ice
Endurance: Shackleton's Incredible Voyage
by Savvy
Fri Feb 12, 2021 10:57 pm
Forum: Non-US Investing
Topic: 18 Year Old Looking For Portfolio Tips (UK)
Replies: 36
Views: 2664

Re: 18 Year Old Looking For Portfolio Tips (UK)

Apologies, not exactly answering your questions: -biggest impact on your savings right now is not fund choice or expense ratio, it's contribution amount. Focus on doing great at uni and lining up a solid career. -I'm in corporate finance, good work life balance and good pay -work hard and have a goo...
by Savvy
Mon Feb 08, 2021 10:52 pm
Forum: Investing - Theory, News & General
Topic: Individual stock regret
Replies: 57
Views: 5531

Re: Individual stock regret

hi_there wrote: Fri Feb 05, 2021 7:10 pm Sir, this is a Wendy's.
The office? :mrgreen:
by Savvy
Fri Feb 05, 2021 1:46 pm
Forum: Personal Investments
Topic: Would love feedback- burned out at work
Replies: 50
Views: 6034

Re: Would love feedback- burned out at work

Congrats on the success!

I suggest take a week off with only goal of developing a plan. Maybe 1 or 2 days rent a place by yourself to clear your mind. Bring a journal.
by Savvy
Tue Jan 26, 2021 10:19 pm
Forum: Personal Consumer Issues
Topic: Anyone know Paypal well?
Replies: 26
Views: 1402

Re: Anyone know Paypal well?

Smarter people will comment after me but I'd be suspicious of buying a car that is priced below market value from another state and buyer wants to be paid over PayPal which you are unfamiliar with.
by Savvy
Tue Jan 19, 2021 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Advice on FI / MegaCorp Burnout
Replies: 25
Views: 1979

Re: Advice on FI / MegaCorp Burnout

Very interesting read. Relates to me in many ways. Does your company offer a sabbatical, or can you ask for one? Maybe you ask that once XYZ project wraps up in 6 months, you take a one year sabbatical so they can plan ahead on your backfill. You can always change your mind and permanently leave (an...
by Savvy
Fri Jan 15, 2021 7:36 pm
Forum: Personal Investments
Topic: Am I thinking about this wrong?
Replies: 23
Views: 1816

Re: Am I thinking about this wrong?

You can afford it. You built up a big sum quickly, I have confidence you can pivot as needed. However, are you considering doing this to get special time with son, or because work has been a drag lately and you want to step away for a year? (Being at home full time can be a very hard job too). Have ...
by Savvy
Tue Jan 12, 2021 10:52 pm
Forum: Personal Finance (Not Investing)
Topic: Got a job offer for $840k/yr. Should I come out of retirement?
Replies: 229
Views: 29068

Re: Got a job offer for $840k/yr. Should I come out of retirement?

I would work for 4 months. Save enough cash to pay for this year + next year without touching your investments.
by Savvy
Tue Jan 12, 2021 4:39 pm
Forum: Personal Consumer Issues
Topic: How to do the Boundary Waters?
Replies: 30
Views: 2994

Re: How to do the Boundary Waters?

I've been about 10 times, it's awesome! I suggest late Aug to early Sept as best time to go...warm enough to swim, cool temp nights, and few bugs. I recommend launching at an outfitter, then you can stay in a bunkhouse the night before launching in. Don't be crazy with how far you want to travel, I ...
by Savvy
Thu Jan 07, 2021 7:47 pm
Forum: Personal Consumer Issues
Topic: Anyone here get an online accounting degree?
Replies: 16
Views: 1406

Re: Anyone here get an online accounting degree?

A few thoughts: 1. I agree with another comment that she may not need another degree. Teaching math = good with numbers + good with communicating, computer science = good with computers / tech. Organizations are always short on good people, so I already think she has the experience and degrees neede...
by Savvy
Sun Jan 03, 2021 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: Change jobs for this offer?
Replies: 29
Views: 2597

Re: Change jobs for this offer?

No way, leaving an 'insanely flexible' remote job for a slight pay bump? That flexibility is so so so valuable and not guaranteed to be the same elsewhere.
by Savvy
Sun Jan 03, 2021 11:00 am
Forum: Investing - Theory, News & General
Topic: New Years Financial Resolutions
Replies: 54
Views: 4407

Re: New Years Financial Resolutions

I have two:
Make hay while the sun shines
Buy shares (I think we'll have a bear market, so NW may go down, but all I can do is keep buying shares)
by Savvy
Fri Jan 01, 2021 6:59 pm
Forum: Investing - Theory, News & General
Topic: Official Registration For The 2021 Boglehead Contest
Replies: 642
Views: 15953

Re: Official Registration For The 2021 Boglehead Contest

3,636.36

Pretty certain I will be exactly right
by Savvy
Mon Dec 28, 2020 7:33 pm
Forum: Personal Finance (Not Investing)
Topic: Is this worth bringing up issue with raise?
Replies: 28
Views: 2073

Re: Is this worth bringing up issue with raise?

Well I sent my boss an email and he just responded back saying “this is the raise”. Everything where I work is always bizarre. Dang. Poor answer from boss. However, these are the types of things to discuss on the phone rather than email (easier to discuss nuances, read their tone, people tend to be...
by Savvy
Mon Dec 28, 2020 5:58 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford to build an $850,000 house
Replies: 90
Views: 6137

Re: Can we afford to build an $850,000 house

I would not. You're doing well on incomes and setting yourself up well for financial strength over time, but this purchase (or even coming close to this purchase) would create flexibility problems. And stress. I think about the money you can't invest in the market because it's tied up in bigger efun...
by Savvy
Tue Dec 22, 2020 9:26 pm
Forum: Personal Consumer Issues
Topic: Skiing vs Snowboarding for a 12 year old
Replies: 64
Views: 3655

Re: Skiing vs Snowboarding for a 12 year old

#1 let them choose. It takes some dedication (and falls) to learn, so they need to be eager to learn it.

My siblings and I all started out skiing, and we all converted to snowboarding around this age.

Both are great, can't go wrong!
by Savvy
Mon Dec 21, 2020 11:44 am
Forum: Personal Investments
Topic: Stupid question 12948593: Setting things up for TLH
Replies: 10
Views: 494

Re: Stupid question 12948593: Setting things up for TLH

Hello! Not an expert, but what I do for my taxable account is track Specific ID, and I do not reinvest dividends. When I receive a dividend payment in my settlement account (say it's $300), I send it back to my checking so my settlement is empty. Then, next time I put money in taxable, I just send i...
by Savvy
Sat Dec 19, 2020 9:43 am
Forum: Personal Investments
Topic: Portfolio Review: 26 y/o pivoting to med school from software
Replies: 49
Views: 3252

Re: Portfolio Review: 26 y/o pivoting to med school from software

I work in business, different field. What I have found is the 2 to 3 year mark in my field, it is not uncommon for folks to become impatient / not satisfied, and jump ship to another company / career. Have you explored avenues that are 15% different from your current role, rather than 100% different...
by Savvy
Sat Dec 19, 2020 8:44 am
Forum: Personal Investments
Topic: 24, asking for a financial check and advice
Replies: 11
Views: 928

Re: 24, asking for a financial check and advice

Welcome! Make sure to max HSA, 401K, and IRA before taxable. Focus first on increasing savings rate and increasing income, that will provide the best return while you're young vs. worrying about what index fund to be in. MBA, seems early in career to get it, just make sure the time investment and mo...
by Savvy
Tue Dec 15, 2020 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Requesting Advice on Year End TO-DOs
Replies: 16
Views: 1868

Re: Requesting Advice on Year End TO-DOs

Not a tax expert, but it seems like you can tax GAIN harvest in your scenario given that you have taxable investments.

https://www.gocurrycracker.com/never-pay-taxes-again/
by Savvy
Sat Dec 12, 2020 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Laid off at 34, another degree/career thread and financial advice.
Replies: 71
Views: 9234

Re: Laid off at 34, another degree/career thread and financial advice.

Might be a niche field but look into the role of validation analyst serving the Pharma industry (ensuring pharma plants are following protocol).
by Savvy
Mon Dec 07, 2020 10:31 am
Forum: Personal Consumer Issues
Topic: How to tell boss I’m approaching burn out?
Replies: 25
Views: 3107

Re: How to tell boss I’m approaching burn out?

Wow, in many ways we're similar! First, there is no way for management to know whether you have too much on your plate unless you make them aware. Do not suffer in silence. Sounds like you've built up equity where if you bring up this issue it won't come across as complainy. Second, I know easier sa...
by Savvy
Sun Dec 06, 2020 8:02 pm
Forum: Personal Investments
Topic: Financial Review / Baby Prep
Replies: 23
Views: 2197

Re: Financial Review / Baby Prep

Congrats! You'll be fine on car space, don't upgrade unless there's a car issue. I recommend getting tactical on what life will look like post baby...will one of you try to take extended unpaid leave (I recommend)? What happens if you're both having a busy work week, who will do drop off and pickup ...
by Savvy
Sun Dec 06, 2020 9:27 am
Forum: Personal Consumer Issues
Topic: Target gift cards 10% off today & tomorrow (Sat/Sun Dec. 5/6)
Replies: 49
Views: 11096

Re: Target gift cards 10% off today & tomorrow (Sat/Sun Dec. 5/6)

Thank you! Executed! I tried PayPal but for whatever reason that wasn't working for me. I've never done it before but pretty sure I was doing everything right. Anyways, used my 2% back card so still a great deal!
by Savvy
Fri Dec 04, 2020 8:58 pm
Forum: Personal Finance (Not Investing)
Topic: Career decision - advice needed
Replies: 11
Views: 1579

Re: Career decision - advice needed

OP, what I am reading is that you are much more in demand than you give yourself credit for. You can leave one career/industry and later return to it to a 6 figure income when you need it. Conversely, your new industry went out of their way to unfurlough you before everyone else. I think I would go ...
by Savvy
Mon Nov 30, 2020 6:53 pm
Forum: Personal Finance (Not Investing)
Topic: Small claims court - how to proceed?
Replies: 42
Views: 3990

Re: Small claims court - how to proceed?

Was it a licensed contractor? My state has a contractor recovery fund in case the contractor won't pay.
by Savvy
Fri Nov 27, 2020 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Son diagnosed with Type 1 Diabetes - how prepare for future?
Replies: 55
Views: 4734

Re: Son diagnosed with Type 1 Diabetes - how prepare for future?

Our lives were flipped upside down about a month ago when my 17yo son was diagnosed with Type 1 Diabetes. It's been a whirlwind since then getting a crash course in how to manage this. DW & I have stable jobs and excellent benefits, so we are very lucky. We are blown away by what the total reta...
by Savvy
Fri Nov 27, 2020 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Son diagnosed with Type 1 Diabetes - how prepare for future?
Replies: 55
Views: 4734

Re: Son diagnosed with Type 1 Diabetes - how prepare for future?

A very close family member has it in my family. My advice is for him to invest in his health by taking care mentally and physically. That's the best financial investment. You can of course help him through it if it's looking like life is getting too stressful.
by Savvy
Mon Nov 23, 2020 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford this $725,000 house?
Replies: 162
Views: 12028

Re: Can we afford this $725,000 house?

Your decision, OP, but we are in Twin Cities too, and that price is shockingly high. Can do a brand new build in some great districts for mid 400s. We are in similar NW territory and age, I would not pay that much for a house in the Twin Cities. But, ultimately, I think you can probably afford it. ...
by Savvy
Mon Nov 23, 2020 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Can we afford this $725,000 house?
Replies: 162
Views: 12028

Re: Can we afford this $725,000 house?

I’m about your age, in the Midwest, and 2 kids...a little older. I can’t imagine where you are talking about other than the Chicago area. Otherwise that seems like a top of the heep neighborhood McMansion (you didn’t mention acreage). At times I regret moving from a low-mid 250s home (upper middle ...
by Savvy
Wed Sep 09, 2020 9:52 am
Forum: Personal Finance (Not Investing)
Topic: What % of income to spend on car?
Replies: 122
Views: 8810

Re: What % of income to spend on car?

I am a big fan of getting a car with about 20K miles. Usually right after a 3-year lease ends. You could probably save $5K going Civic vs. Accord. I think you're thinking about it the right way. I've always had a goal to buy each car for less than $15K drive-off-the-lot price. We've done 3-year old ...
by Savvy
Sat Aug 29, 2020 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Am I crazy? Cabin advice
Replies: 76
Views: 9415

Re: Am I crazy? Cabin advice

Many areas have timeshare options. My family owns 1/5th of a cabin, so about 1 week per month. Find something like that. No maintenance, no fuss.

Do not buy your own!
by Savvy
Tue Aug 25, 2020 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Quit corporate job @ age 34 with $1.3M?
Replies: 225
Views: 23143

Re: Quit corporate job @ age 34 with $1.3M?

Yes, go do it!

If things don't work out the way you want, return to corporate. This isn't a decision that is locked for 60 years, it's probably a monthly decision.
by Savvy
Wed Aug 05, 2020 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: College tuitions and how to help our daughter pay them
Replies: 85
Views: 5100

Re: College tuitions and how to help our daughter pay them

20 hours per week is a high expectation, especially the first year. If it impacts grades and therefore future opportunities one could argue it's actually a net negative $ per hour job. I think having a job while in school is good for developing life skills but at a certain point it is too much.
by Savvy
Thu Jun 25, 2020 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: New job / wife 33 weeks pregnant / paternity
Replies: 43
Views: 5041

Re: New job / wife 33 weeks pregnant / paternity

Tried to reply to your PM but I think you have replies turned off or blocked?
by Savvy
Thu May 28, 2020 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: 16 Weeks Paternity Leave
Replies: 124
Views: 9113

Re: 16 Weeks Paternity Leave

Take the leave. You will never get this time back. It's worth everything.

As a new dad, parenting really hit home when I was on parental leave. Work completely drops off, and you can focus wholly on your child. You'll never get to do this ever again. FWIW, I got six weeks paid.
by Savvy
Thu May 21, 2020 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: New job / wife 33 weeks pregnant / paternity
Replies: 43
Views: 5041

Re: New job / wife 33 weeks pregnant / paternity

Best of luck. I'm in the same state, same function, and roughly same age. Its a great market for finance and if its the company i think it is the work life balance is great (i dont work there). DM me if you want to talk in more detail.
by Savvy
Thu Apr 30, 2020 10:41 pm
Forum: Personal Finance (Not Investing)
Topic: Free Online MBA Worth It?
Replies: 22
Views: 1564

Re: Free Online MBA Worth It?

Free? Get it! 3 years from now you'll either have your MBA or you won't, and either way 3 years will have passed. Also, it's not just subjects and networking, learning how to balance work and school is the biggest lesson I learned from my MBA.
by Savvy
Sat Apr 25, 2020 9:41 am
Forum: Personal Investments
Topic: 24 Year Old Nurse [seeking help]
Replies: 21
Views: 3107

Re: 24 Year Old Nurse [seeking help]

As a fellow Minnesotan, welcome to the forum! Great job saving so far and keep it up. Keep it simple & fill the rest of your Roth IRA for 2020. Hold on to the remainder in a high yield savings account (like Ally) until 2021 when you can put the rest in your 2021 Roth IRA. There are always loans ...
by Savvy
Mon Feb 24, 2020 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: Advice for very young person promoted
Replies: 17
Views: 2862

Re: Advice for very young person promoted

Congratulations! You must be very good at what you do. 1. Listen, of course, as others have said. But in your first 1:1s with each associate acknowledge your fewer years of experience and share that you're in this together, you don't have everything figured out, but you're striving and determined to...
by Savvy
Mon Feb 03, 2020 2:56 pm
Forum: Personal Finance (Not Investing)
Topic: Baby on the Way , Things to Do Now
Replies: 17
Views: 1450

Re: Baby on the Way , Things to Do Now

Congrats!

Second recommendation for Ikea Antilop high chair.

Remember to laugh at yourself when things go poorly or get messy. Biggest change for me was that I could no longer execute everything as I planned - baby always has other ideas :happy :happy

Savvy
by Savvy
Thu Jan 02, 2020 6:33 pm
Forum: Personal Investments
Topic: Another Newbie Looking for Advice
Replies: 11
Views: 528

Re: Another Newbie Looking for Advice

Good to hear you thinking through all of this. Plenty to think about but the main item is this: the biggest driver of investment growth at this point is contribution rate, not investment selection. Focus on finding ways to boost savings into 401k/IRA, you can always adjust investment selection as yo...