Search found 561 matches

by Workaholic
Thu May 13, 2021 3:30 pm
Forum: Personal Consumer Issues
Topic: Summer Couples Vacation Spots
Replies: 24
Views: 2001

Re: Summer Couples Vacation Spots

We are going to leave the kids behind and go away someplace for an anniversary trip. Tossed around a few ideas, but now are back at Square 1. Here are some things we are looking at: -Someplace East of the Mississippi would be ideal because my wife doesn't want to do a longer flight and it's a short...
by Workaholic
Mon May 10, 2021 6:11 pm
Forum: Personal Consumer Issues
Topic: Phoenix, AZ as an early retirement location? Advice please
Replies: 126
Views: 8525

Re: Phoenix, AZ as an early retirement location? Advice please

Parents snowbirded there for many years and I recently (like yesterday) just got back from a wedding out in Scottsdale. It was in the mid 90's the entire time I was there but if you aren't standing in direct sunlight, the heat really isn't too bad. Dry heat is real and is noticeably different than h...
by Workaholic
Sat Apr 17, 2021 10:28 am
Forum: Personal Finance (Not Investing)
Topic: What to do next for our savings after maxing out everything?
Replies: 44
Views: 3729

Re: What to do next for our savings after maxing out everything?

OP, given your screen name, workaholic , why not throw some $$$ into doing fun things! Don't be one of those people who post they can't bear to spend much of the loot they have piled up over a lifetime, unwilling to change their uber-frugal ways. Broken Man 1999 We definitely aren't uber frugal at ...
by Workaholic
Sat Apr 17, 2021 10:20 am
Forum: Personal Finance (Not Investing)
Topic: What to do next for our savings after maxing out everything?
Replies: 44
Views: 3729

Re: What to do next for our savings after maxing out everything?

I appreciate all the suggestions...I definitely have some research to do now! The iBonds and EE bonds seem like something that would be right up my alley.
by Workaholic
Fri Apr 16, 2021 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: What to do next for our savings after maxing out everything?
Replies: 44
Views: 3729

Re: What to do next for our savings after maxing out everything?

What to do next for our savings after maxing out everything? With a user name of "Workaholic" you might want to consider if you are currently saving enough and if it might be time to consider if you should spend some of the extra money on the "now" side of the Now vs Later balan...
by Workaholic
Fri Apr 16, 2021 5:26 pm
Forum: Personal Finance (Not Investing)
Topic: What to do next for our savings after maxing out everything?
Replies: 44
Views: 3729

Re: What to do next for our savings after maxing out everything?

JHU ALmuni wrote: Fri Apr 16, 2021 5:23 pm Bitcoin.
Bahahahaha...I take this as a joke...at least I hope it was :D . I think I'd be better off in the long run to bury my excess cash in the backyard in coffee cans than put it into bitcoin haha.
by Workaholic
Fri Apr 16, 2021 5:25 pm
Forum: Personal Finance (Not Investing)
Topic: What to do next for our savings after maxing out everything?
Replies: 44
Views: 3729

Re: What to do next for our savings after maxing out everything?

Sounds like you're doing great if you're maxing out all the retirement accounts even if your HHI is within limits for direct Roth contributions. Great job! Also you could do taxable account and do tax-efficient investing there, keeping the tax-inefficient funds in the tax-protected accounts. We bar...
by Workaholic
Fri Apr 16, 2021 5:22 pm
Forum: Personal Finance (Not Investing)
Topic: What to do next for our savings after maxing out everything?
Replies: 44
Views: 3729

Re: What to do next for our savings after maxing out everything?

When you max out 401k's, does that mean you have looked into the Mega backdoor Roth for those plans? I don't follow what you're asking...I can contribute regularly to a ROTH without needing to backdoor (well at least for another year or so). The mega backdoor takes advantage of extra space in the 4...
by Workaholic
Fri Apr 16, 2021 5:20 pm
Forum: Personal Finance (Not Investing)
Topic: What to do next for our savings after maxing out everything?
Replies: 44
Views: 3729

Re: What to do next for our savings after maxing out everything?

What to do next for our savings after maxing out everything? With a user name of "Workaholic" you might want to consider if you are currently saving enough and if it might be time to consider if you should spend some of the extra money on the "now" side of the Now vs Later balan...
by Workaholic
Fri Apr 16, 2021 4:28 pm
Forum: Personal Finance (Not Investing)
Topic: What to do next for our savings after maxing out everything?
Replies: 44
Views: 3729

Re: What to do next for our savings after maxing out everything?

JD2775 wrote: Fri Apr 16, 2021 4:25 pm Do you have access to an HSA?
No...my current healthcare coverage at work is quite good and reasonable so I cannot contribute to an HSA because I don't have a QHDHP. Unless this has changed and someone who has regular coverage can now contribute to an HSA?
by Workaholic
Fri Apr 16, 2021 4:27 pm
Forum: Personal Finance (Not Investing)
Topic: What to do next for our savings after maxing out everything?
Replies: 44
Views: 3729

Re: What to do next for our savings after maxing out everything?

sailaway wrote: Fri Apr 16, 2021 4:19 pm When you max out 401k's, does that mean you have looked into the Mega backdoor Roth for those plans?
I don't follow what you're asking...I can contribute regularly to a ROTH without needing to backdoor (well at least for another year or so).
by Workaholic
Fri Apr 16, 2021 4:15 pm
Forum: Personal Finance (Not Investing)
Topic: What to do next for our savings after maxing out everything?
Replies: 44
Views: 3729

What to do next for our savings after maxing out everything?

Currently my wife and I max out both 401K's, both ROTH IRA's, contribute maximum to our kids 529 plan to get a tax break, have 1 year of expenses saved up in savings/checking account, and now we have money leftover that we're just throwing into our taxable account. Is there anything that I'm missing...
by Workaholic
Wed Apr 14, 2021 4:34 pm
Forum: Personal Consumer Issues
Topic: C8 Corvette?
Replies: 45
Views: 4296

Re: C8 Corvette?

The other problem with Corvettes compared to their competition is that although they are an absolute bargain to buy, once the restricted supply clears, they depreciate like a rock. The Corvette has one of the lowest depreciation rates of any mass-produced vehicle out there. I don't know where you g...
by Workaholic
Thu Apr 08, 2021 2:51 pm
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 282
Views: 21848

Re: The $2000-$4000 Car :) This made me wealthy so jump on board

The depreciation curves are pro forma expectation, not reality. Put any 2018 Model 3 VIN into Carvana, you’ll get an offer for at least $35k. For the very base model or one with AWD and autopilot? That would be nonsensical as one could simply order a brand new Model 3 from Tesla. Obviously nobody i...
by Workaholic
Thu Apr 08, 2021 2:39 pm
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 282
Views: 21848

Re: The $2000-$4000 Car :) This made me wealthy so jump on board

A three year old Tesla Model 3 has not depreciated at all since 2018. If you had bought two of those you would have had several thousand dollars per year increased net worth compared to owning a regular car. Not according to numerous websites that list depreciation curves for vehicles: https://care...
by Workaholic
Thu Apr 08, 2021 2:25 pm
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 282
Views: 21848

Re: The $2000-$4000 Car :) This made me wealthy so jump on board

Story of my life as well. The 529s are essentially the two Teslas I never bought. When my daughters asked why I don't have a Tesla, I discussed the 529 plan. Now they are in college without loans, they stopped telling me to get a Tesla. A three year old Tesla Model 3 has not depreciated at all sinc...
by Workaholic
Thu Apr 08, 2021 2:09 pm
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 282
Views: 21848

Re: The $2000-$4000 Car :) This made me wealthy so jump on board

Story of my life as well. The 529s are essentially the two Teslas I never bought. When my daughters asked why I don't have a Tesla, I discussed the 529 plan. Now they are in college without loans, they stopped telling me to get a Tesla. A three year old Tesla Model 3 has not depreciated at all sinc...
by Workaholic
Wed Apr 07, 2021 4:41 pm
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 282
Views: 21848

Re: The $2000-$4000 Car :) This made me wealthy so jump on board

I was inexplicably driving through a Dodge/Jeep dealership last weekend taking a casual look at some of the Wranglers when a nice looking Dodge Ram caught my eye. Not a dually but a sport/off road type but I didn't catch all the ins and outs of the options/model etc. because I didn't linger long wh...
by Workaholic
Wed Apr 07, 2021 4:39 pm
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 282
Views: 21848

Re: The $2000-$4000 Car :) This made me wealthy so jump on board

Its all priorities. I drive 200k+ car. Dont wanna drive a junk in my prime 30s. No point driving ferrari when you are old and bald lol. Yes there is...to get the women that are in their 20's and 30's... My parents winter in Scottsdale, AZ and you wouldn't believe the number of 60/70 year old guys d...
by Workaholic
Wed Apr 07, 2021 2:41 pm
Forum: Personal Consumer Issues
Topic: The $2000-$4000 Car :) This made me wealthy so jump on board
Replies: 282
Views: 21848

Re: The $2000-$4000 Car :) This made me wealthy so jump on board

Nobody gets wealthy by buying cheap cars.... People get wealthy by increasing their income and living below their means. What you fail to mention is the safety of many $2000-$4000 vehicles is lacking compared to even a modern $25K sedan. I know I'd certainly not want to put my family in a vehicle th...
by Workaholic
Tue Apr 06, 2021 3:47 pm
Forum: Personal Consumer Issues
Topic: Family car
Replies: 91
Views: 7497

Re: Family car

If you're wife requires a Escalade ESV I think I would be looking for a new wife. We're the prototypical outdoorsy family whose vacations almost exclusively include dozens of miles of hiking and a tent. We currently do it, with our two kids, out of a VW jetta and did it out of a 3-door hyundai acce...
by Workaholic
Tue Apr 06, 2021 3:05 pm
Forum: Personal Consumer Issues
Topic: Family car
Replies: 91
Views: 7497

Re: Family car

If you're wife requires a Escalade ESV I think I would be looking for a new wife. We're the prototypical outdoorsy family whose vacations almost exclusively include dozens of miles of hiking and a tent. We currently do it, with our two kids, out of a VW jetta and did it out of a 3-door hyundai acce...
by Workaholic
Mon Apr 05, 2021 2:47 pm
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 255
Views: 26030

Re: High spenders what do you spend on?

I don’t think a 5 million NW is near enough to start using Netjet. STARTING at $165k+ for 25hrs, plus FET and fuel charges; yeah, I wouldn't be remotely considering it unless I'm in 8-figures. Again...everyone has their own opinion of what NW they would be comfortable with utilizing their service. ...
by Workaholic
Mon Apr 05, 2021 2:35 pm
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 255
Views: 26030

Re: High spenders what do you spend on?

I don’t think a 5 million NW is near enough to start using Netjet. STARTING at $165k+ for 25hrs, plus FET and fuel charges; yeah, I wouldn't be remotely considering it unless I'm in 8-figures. Again...everyone has their own opinion of what NW they would be comfortable with utilizing their service. ...
by Workaholic
Mon Apr 05, 2021 2:33 pm
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 255
Views: 26030

Re: High spenders what do you spend on?

I don’t think a 5 million NW is near enough to start using Netjet. If you're employed and earning a decent salary? I'm not talking about being retired and living off your nest egg which will still grow considerably over time. Regardless of the number people are or are not comfortable with utilizing...
by Workaholic
Mon Apr 05, 2021 2:16 pm
Forum: Personal Consumer Issues
Topic: High spenders what do you spend on?
Replies: 255
Views: 26030

Re: High spenders what do you spend on?

Do any high-spenders here utilize Netjets products? Particularly the jet card. Just out of curiosity... I'm not in the ballpark yet to be able to comfortably afford that type of product but it would be an intriguing idea if my NW ever hits somewhere around $5 million or so. I'd love to be able to sk...
by Workaholic
Mon Apr 05, 2021 2:12 pm
Forum: Personal Consumer Issues
Topic: Family car
Replies: 91
Views: 7497

Re: Family car

If you're wife requires a Escalade ESV I think I would be looking for a new wife. We're the prototypical outdoorsy family whose vacations almost exclusively include dozens of miles of hiking and a tent. We currently do it, with our two kids, out of a VW jetta and did it out of a 3-door hyundai acce...
by Workaholic
Mon Apr 05, 2021 2:08 pm
Forum: Personal Consumer Issues
Topic: Family car
Replies: 91
Views: 7497

Re: Family car

If you're wife requires a Escalade ESV I think I would be looking for a new wife. I think looking for a new wife would be MUCH more expensive than buying mine a Cadillac every few years so therefore financially it's better to keep happy the wife I have :sharebeer . Not to mention I love her and she...
by Workaholic
Sun Apr 04, 2021 9:28 am
Forum: Personal Consumer Issues
Topic: Family car
Replies: 91
Views: 7497

Re: Family car

I'm going to go out there and suggest a used Chevy Suburban. You say you will only be using it for trips so you may as well get a vehicle that is comfortable and can carry everything without having to install a rooftop carrier and a basket hanging off the rear. I agree. I think for decades the Subu...
by Workaholic
Fri Apr 02, 2021 3:48 pm
Forum: Personal Consumer Issues
Topic: Family car
Replies: 91
Views: 7497

Re: Family car

I'm going to go out there and suggest a used Chevy Suburban. You say you will only be using it for trips so you may as well get a vehicle that is comfortable and can carry everything without having to install a rooftop carrier and a basket hanging off the rear. I agree. I think for decades the Subu...
by Workaholic
Thu Apr 01, 2021 5:38 pm
Forum: Personal Consumer Issues
Topic: Family car
Replies: 91
Views: 7497

Re: Family car

I'm going to go out there and suggest a used Chevy Suburban. You say you will only be using it for trips so you may as well get a vehicle that is comfortable and can carry everything without having to install a rooftop carrier and a basket hanging off the rear. I agree. I think for decades the Subu...
by Workaholic
Tue Mar 30, 2021 9:07 am
Forum: Personal Consumer Issues
Topic: Family car
Replies: 91
Views: 7497

Re: Family car

I’m looking to buy a family car to transport 5 people including two kids in car seats. My top contenders are Kia Telluride/ Hyundai Palisade. It’s killing me that I’m not only buying a gas guzzler, but about to drop $45k on it. I really thought my next car would be an electric car, but there aren’t...
by Workaholic
Mon Mar 29, 2021 2:24 pm
Forum: Personal Investments
Topic: Tax efficient funds for Fidelity taxable account
Replies: 3
Views: 464

Re: Tax efficient funds for Fidelity taxable account

I got this list of potential tax loss harvesting partners from a thread comment by user Duckie (also includes the index the fund tracks). I think these fit your criteria. The ETFs will be the most tax-efficient and portable. If you want to use mutual funds, I'd use a Fido fund, but not any of the F...
by Workaholic
Mon Mar 29, 2021 1:55 pm
Forum: Personal Investments
Topic: Tax efficient funds for Fidelity taxable account
Replies: 3
Views: 464

Tax efficient funds for Fidelity taxable account

Hello! I have recently opened a joint account with my spouse at Fidelity where we plan on keeping our taxable account. We both fully-fund our ROTH's at Vanguard and while I like Vanguard, I'm less than impressed with their interface. I've decided to give Fidelity a shot and see how it goes. That bei...
by Workaholic
Mon Mar 29, 2021 7:35 am
Forum: Personal Consumer Issues
Topic: TV size question
Replies: 105
Views: 5934

Re: TV size question

If you stick to at least a mid-range model from either Samsung, Sony, or LG you should be very happy for years to come. Don't waste your money buying something subpar from TCL or Vizio or any other off-brand manufacturer. These TV's are cheap for a reason...I stupidly purchased a Vizio because it w...
by Workaholic
Fri Mar 26, 2021 4:15 pm
Forum: Personal Consumer Issues
Topic: Selling a Rolex
Replies: 24
Views: 2577

Re: Selling a Rolex

Not another watch thread, I know.... So I have a 1999 Rolex Datejust that I would like to sell. It works correctly. I have the watch, band, and booklet. It looks like the value is $5,000+. Some questions: I have had it for many years and it has not been serviced, although it also has been rarely us...
by Workaholic
Fri Mar 26, 2021 2:27 pm
Forum: Personal Consumer Issues
Topic: TV size question
Replies: 105
Views: 5934

Re: TV size question

Here's my final list of options that I've narrowed it down to (yes, I'm well above my original budget in most cases): $998 75" Sony X800H, ok on rtings, great amazon/bestbuy $1,800 75" Sony X900H, great reviews everywhere $1,800 75" Samsung Q70, ok on rtings (a little better than Son...
by Workaholic
Thu Mar 25, 2021 1:43 pm
Forum: Personal Consumer Issues
Topic: Opening credit card for engagement ring?
Replies: 7
Views: 447

Re: Opening credit card for engagement ring?

Hey all! I was looking to buy an engagement ring and a friend told me to open a credit card for the sign up perks. I already have the Chase sapphire preferred card and was wondering if it was worth opening up a new card. I make >$400k and pay off my cc immediately. Basically is it worth paying anot...
by Workaholic
Thu Mar 25, 2021 10:01 am
Forum: Personal Consumer Issues
Topic: TV size question
Replies: 105
Views: 5934

Re: TV size question

How concerned should I be with a TV where something like rtings.com says the viewing angle isn't great? Does that just technically mean it's not great, and perhaps a videophile would notice, but in reality, the average consumer won't really notice an issue watching from a non-direct angle? I'm find...
by Workaholic
Wed Mar 24, 2021 11:58 am
Forum: Personal Consumer Issues
Topic: TV size question
Replies: 105
Views: 5934

Re: TV size question

I need to get a new tv for our soon to be (re)finished basement. The couch would be about 10' from the wall where the tv goes. Standing there (i.e. where the couch would go) it doesn't feel like 10', it feels kind of close (possibly because of lower than normal ceilings, it's somewhat dark right no...
by Workaholic
Fri Mar 19, 2021 11:30 am
Forum: Personal Consumer Issues
Topic: People with Covid-19 vaccination record cards: where are you keeping them?
Replies: 179
Views: 16434

Re: People with Covid-19 vaccination record cards: where are you keeping them?

When traveling pre-1980 I was always asked to show "passport and vaccination certificate" so to me it "feels like" a passport, and I think for the time being I'll keep it in the passport case along with my passport. I know there are no definitive answers on this, but what are ot...
by Workaholic
Thu Mar 18, 2021 7:54 am
Forum: Personal Consumer Issues
Topic: What is the BEST thing you spent money on?
Replies: 242
Views: 24840

Re: What is the BEST thing you spent money on?

I guess my top 5 material purchases that have brought me enjoyment and value over the years would be: 1) Macbook Pro- Still kicking after 4 years and probably the best computer I've used. 2) Apple iPhone 12- Replaced my dying iPhone 7+ with it and couldn't be happier. Fast, comfortable to use, and t...
by Workaholic
Wed Mar 17, 2021 7:43 am
Forum: Personal Finance (Not Investing)
Topic: Struggling with the Idea of RE at 39 [Retire Early]
Replies: 19
Views: 2080

Re: Struggling with the Idea of RE at 39

Aside from having enough money to FIRE, are there others who are wary of stepping off the cycle of achievement? For most high-earning professionals, like doctors, lawyers, tech professionals, achieving FIRE has not only required sustained financial discipline, but has required an all-encompassing w...
by Workaholic
Sat Mar 13, 2021 4:45 pm
Forum: Personal Consumer Issues
Topic: What are your travel plans in 2021 and beyond?
Replies: 151
Views: 10294

Re: What are your travel plans in 2021 and beyond?

Have a wedding in Scottsdale, AZ in May so going there for a week of R&R. Heading to Mackinac Island, MI for a week in July with some extended family. Taking two weeks to go to Hawaii after Thanksgiving- visiting both Oahu and Kauai. In between we'll take some long weekends and go to the lake. W...
by Workaholic
Tue Mar 09, 2021 9:23 am
Forum: Personal Consumer Issues
Topic: Leather vs Cloth Car Seats
Replies: 71
Views: 5409

Re: Leather vs Cloth Car Seats

I'm going to take a wild stab that the $14k gets you a lot more than leather seats. If I put together a 2021 Yukon at the most basic version(SLE) in 2wd, I get around $52k. If I upgrade to SLE it gives you these additional features Maybe you'll never sell it but if I would probably fall over if I w...
by Workaholic
Mon Mar 08, 2021 8:49 am
Forum: Personal Consumer Issues
Topic: Leather vs Cloth Car Seats
Replies: 71
Views: 5409

Re: Leather vs Cloth Car Seats

I was considering the new Yukon and figured I could save 13.5k if I go with the base version cloth seats. I really think the base trim level will give me everything I need. I've had leather and it seems like they wear out pretty easily and they crack. My current car has the leather trim and cloth s...
by Workaholic
Sun Mar 07, 2021 8:54 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 5169
Views: 974584

Re: What's Your Credit Card Rewards Strategy?

My credit card rewards strategy is to not use a credit card. I get rewarded every month by not getting a credit card bill. Pretty sweet!!! You pay the higher cost that merchants charge everyone to offset the credit card fees they have to pay, but you prevent yourself from getting the rewards (cash ...
by Workaholic
Fri Mar 05, 2021 6:51 pm
Forum: Personal Consumer Issues
Topic: Daughter taking a Job in DC - where to live?
Replies: 111
Views: 7203

Re: Daughter taking a Job in DC - where to live?

Would she be interested in living IN the city limits of DC itself? If she's working in downtown DC, why not look at Georgetown? Safe neighborhood where rent isn't exorbitantly expensive (in DC standards) and has a nice community feel with young professionals and families in it? Are you kidding? Geo...
by Workaholic
Fri Mar 05, 2021 5:57 pm
Forum: Personal Consumer Issues
Topic: Daughter taking a Job in DC - where to live?
Replies: 111
Views: 7203

Re: Daughter taking a Job in DC - where to live?

DD has accepted a promotion to a new position with the Fed Gov't that will be in downtown DC (within 5 mins of the Judiciary Sq Metro station).She is looking for options for a "reasonable" commute using the Metro train (shooting for under 45mins including time to the station). Would she b...
by Workaholic
Fri Mar 05, 2021 11:51 am
Forum: Personal Consumer Issues
Topic: 2021 Sunglasses Thread 😎
Replies: 62
Views: 4755

Re: 2021 Sunglasses Thread 😎

I'll put another plug in for Maui Jim sunglasses. Have owned everything from Oakley to Ray Ban to Persol and nothing comes close to Maui Jim in my opinion. The optics are great, they're very comfortable to wear (at least for me), and I feel they look better than most other sunglasses on the market. ...