Search found 1014 matches

by arsenalfan
Tue Apr 13, 2021 11:19 am
Forum: Personal Finance (Not Investing)
Topic: Good HSA accounts?
Replies: 30
Views: 1300

Re: Good HSA accounts?

Fidelity
by arsenalfan
Mon Apr 12, 2021 7:40 pm
Forum: Personal Finance (Not Investing)
Topic: LenderFi refinance experience -- not so good
Replies: 22
Views: 1398

Re: LenderFi refinance experience -- not so good

That sucks, I'm really sorry for you. I had 100% the opposite experience - which you can search my posts about. But from my end I dealt with 1 LenderFi person and 1 underwriter, and had the best travelling notary/lawyer for closing in my garage, and all was done in about a month IIRC (search my post...
by arsenalfan
Sat Apr 10, 2021 11:29 am
Forum: Personal Finance (Not Investing)
Topic: house sale: check or wire?
Replies: 21
Views: 1049

Re: house sale: check or wire?

I've done both.
Whichever you're more comfortable with.

For me, wire is easier - just don't have fat fingers when typing in the digits. Double check the numbers before hitting enter.

If it's first-time, and you have the spare time during banker's hours do the paper check route.
by arsenalfan
Sat Apr 10, 2021 10:29 am
Forum: Personal Finance (Not Investing)
Topic: 401k " to do" when leaving job
Replies: 6
Views: 1130

Re: 401k " to do" when leaving job

Thanks, great points. 1. Just confirmed Vanguard i401k accept incoming rollovers of Traditional only. New thing for Vanguard, not well-established yet, everything done on paper (get check from old 401k mailed to me, and forward it to Vanguard with specific statement that it's a rollover, etc etc). 2...
by arsenalfan
Thu Apr 08, 2021 11:43 am
Forum: Personal Finance (Not Investing)
Topic: EIN vs SSN for Sole Prop 1099
Replies: 2
Views: 210

Re: EIN vs SSN for Sole Prop 1099

Thank you!

Researching further, my state does require you to register the Sole Proprietorship with the EIN. And also file an annual report.

Both can be done online, and are free.

I just went ahead and did it - it is under review.
by arsenalfan
Thu Apr 08, 2021 10:09 am
Forum: Personal Finance (Not Investing)
Topic: EIN vs SSN for Sole Prop 1099
Replies: 2
Views: 210

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 w...
by arsenalfan
Wed Apr 07, 2021 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: 401k " to do" when leaving job
Replies: 6
Views: 1130

401k " to do" when leaving job

Leaving W2 job for 1099 work this July 2021. W2 job has mediocre 401k - $19.5k + 9k match, immediate vest. I'm guessing the plan is pro-rated (ie cannot lump-sum the 19.5k now and get the free 9k now). I intend on rolling this mediocre 401k into my new 1099 individual 401k. For new 1099 job, I setup...
by arsenalfan
Wed Mar 24, 2021 6:11 pm
Forum: Personal Consumer Issues
Topic: What Outlets in preparation for electric cars?
Replies: 100
Views: 6714

Re: What Outlets in preparation for electric cars?

Great info all. Tesla so far ahead...we just bought a Taycan and are holding out for 2 of the updated Model S Plaids.

Hurry up Elon!
by arsenalfan
Wed Mar 24, 2021 7:39 am
Forum: Personal Consumer Issues
Topic: What Outlets in preparation for electric cars?
Replies: 100
Views: 6714

Re: What Outlets in preparation for electric cars?

Whoa this thread blew up Yes we’re doing a reno with tradesmen coming. And 3 néw PHEV/EV are in our future in the next 5 hrs We have 400 amp service Inside or outside outlets? I'd like an outside outlet too. We never park in our garage Inside. We have oversized 2 car, and oversized 1 car garage (fo...
by arsenalfan
Wed Mar 24, 2021 7:37 am
Forum: Personal Consumer Issues
Topic: Whole house humidifier recommendations
Replies: 14
Views: 852

Re: Whole house humidifier recommendations

Go with whomever your HVAC servicer recommends.

FWIW We had a bad experience with GeneralAire that was installed in our new home. Filters pricey/none of the HVAC servicers had much expertise. Switched to Aprilaire and change cannister every Fall - has been 4 years no problems.
by arsenalfan
Wed Mar 24, 2021 7:29 am
Forum: Personal Consumer Issues
Topic: What Outlets in preparation for electric cars?
Replies: 100
Views: 6714

Re: What Outlets in preparation for electric cars?

Whoa this thread blew up Yes we’re doing a reno with tradesmen coming. And 3 néw PHEV/EV are in our future in the next 5 hrs We have 400 amp service Sweet. Love it. 400A panel handles the load calculation concerns. Good price too. Now you just need a solar install thread and you can really watch it...
by arsenalfan
Tue Mar 23, 2021 8:15 pm
Forum: Personal Consumer Issues
Topic: What Outlets in preparation for electric cars?
Replies: 100
Views: 6714

Re: What Outlets in preparation for electric cars?

Whoa this thread blew up
Yes we’re doing a reno with tradesmen coming.
And 3 néw PHEV/EV are in our future in the next 5 hrs
We have 400 amp service
by arsenalfan
Tue Mar 23, 2021 7:23 am
Forum: Personal Consumer Issues
Topic: What Outlets in preparation for electric cars?
Replies: 100
Views: 6714

Re: What Outlets in preparation for electric cars?

Ok electrician installing 3 NEMA 60 240V outlets, one in each garage car slot (decided to do third garage).

$1200 for everything seems a good price.
by arsenalfan
Tue Mar 23, 2021 6:42 am
Forum: Personal Finance (Not Investing)
Topic: Worth Getting Realtor License/Real Estate Pro Status
Replies: 1
Views: 343

Worth Getting Realtor License/Real Estate Pro Status

I am considering transitioning over 5 years to part time work. Is it worth getting Real Estate Professional Status (REPS) Designation at that time? I have an interest in it, am property manager for 8 of the condos and 1 long-term house rental in my portfoliio, and I have a system already setup. Have...
by arsenalfan
Mon Mar 15, 2021 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: Is 7K mortgage a month too much for 13K (combined) post tax monthly income?
Replies: 101
Views: 8847

Re: Is 7K mortgage a month too much for 13K (combined) post tax monthly income?

That's a lot. You won't have any discretionary income for lifestyle. Kids' programming. Vacations. Etc. Definitely forget early FI.

Sorry, not sure what the options are, but I would not pursue a home that took away that much.
by arsenalfan
Wed Mar 10, 2021 12:43 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth building your dream house?
Replies: 109
Views: 7044

Re: Is it worth building your dream house?

I'd say if you know 95% certainty on location and numbers work, go for it. We did it for our family house, and prob will do it for our downsize home once we know where kids will be. It is fun, and the opportunity cost was basically the same as renovating an existing home to what we wanted. Scanning ...
by arsenalfan
Wed Mar 03, 2021 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: 1099 Sole Proprietor Check my Math
Replies: 3
Views: 262

Re: 1099 Sole Proprietor Check my Math

Thanks both.
Not 50 yet so lower 401k ceiling for a bit.
Make too much for QBI.
by arsenalfan
Wed Mar 03, 2021 9:14 am
Forum: Personal Finance (Not Investing)
Topic: 1099 Sole Proprietor Check my Math
Replies: 3
Views: 262

1099 Sole Proprietor Check my Math

Looking at a $385k part-time 1099 sole-proprietor job. Please help me identify costs/issues of going from W2 to 1099, other than being on the hook for the empolyer half of FICA SS (up to 137,700 max) & Medicare (no limit)? That total is ~$13k additional cost. FICA SS Employer & Employee Port...
by arsenalfan
Wed Mar 03, 2021 8:56 am
Forum: Personal Finance (Not Investing)
Topic: 1099 income
Replies: 10
Views: 702

Re: 1099 income

or redirect employer to use a website like 4nannytaxes (homeworksolutions) which specializes in this.
by arsenalfan
Sat Feb 27, 2021 10:58 am
Forum: Personal Investments
Topic: Real Estate Investing is for the Rich
Replies: 11
Views: 1660

Re: Real Estate Investing is for the Rich

My RE path is similar to yours - used REITs and primary RE as diversifiers after portfolio had grown due to maximizing tax advantaged accounts. I own 11 properties, and I'm stalled at the jump to multifamily/commercial RE. But a lot of the BiggerPockets community would disagree - a lot of them make ...
by arsenalfan
Wed Feb 24, 2021 6:07 pm
Forum: Personal Finance (Not Investing)
Topic: Prepaying Mortgage Aggressively (Ramsey approach) vs. Investing
Replies: 140
Views: 10982

Re: Prepaying Mortgage Aggressively (Ramsey approach) vs. Investing

All threads seem to boil down to Mathematically makes sense to invest. Psychologically makes sense to paydown mortgage. I compromised: 2/3 investing, 1/3 paydown. Aftertax account now > mortgage, after cap gains. 680k @ 2.135% 15-year. And...I'm stuck with the same philosophical argument. And didn't...
by arsenalfan
Mon Feb 15, 2021 8:15 am
Forum: Personal Consumer Issues
Topic: Buying a car spring 2021
Replies: 73
Views: 5005

Re: Buying a car spring 2021

+1 on this. You’ll probably be car camping until youngest is at least 4-5yo anyhow. And not crazy backcountry/roads. Once you plot the sq ft of all the stuff needed, minivan is the answer. Anyone recommending a compact or midize SUV like a crosstrek or Rav4 is out of their minds in fitting 2 dogs an...
by arsenalfan
Tue Feb 09, 2021 10:34 am
Forum: Personal Finance (Not Investing)
Topic: Plan for car
Replies: 33
Views: 2149

Re: Plan for car

It's a consumption item. If you can afford it, go for it. Only you know how much value you'll feel you've gotten out of it. I suspect you posted to BH to get talked out of it, however. Off the top of my head/from all the previous "can I afford it" posts on BH: Pro Tiguan: You can afford it...
by arsenalfan
Tue Feb 09, 2021 10:27 am
Forum: US Chapters
Topic: Why A Good Boglehead Must Leave The Bogleheads Forum
Replies: 180
Views: 18324

Re: Why A Good Boglehead Must Leave The Bogleheads Forum

I visit BH to see the many roads that do, and do not, lead to Dublin. Discussion is informative and respectful.

Do not visit if you're being tempted to tinker or get distracted. Overall if you find something deleterious or not useful, don't do it.

The Internet and non-Internet world is vast.
by arsenalfan
Fri Feb 05, 2021 6:00 am
Forum: Personal Consumer Issues
Topic: USPS is incredibly fast!
Replies: 163
Views: 11694

Re: USPS is incredibly fast!

Still receiving Holiday Cards mailed mid/early December.
by arsenalfan
Sun Jan 31, 2021 7:32 pm
Forum: Personal Consumer Issues
Topic: When is buying a home generator worth it?
Replies: 63
Views: 5676

Re: When is buying a home generator worth it?

When do you lose power/what's the worst case scenario? If winter storms, then just bundle up, food won't go bad and you won't flood, right?. If summer storms and lost electricity for 2-3 hours, will you flood? If yes, then generator prob worth it. We had a power outage at old house for about 3d with...
by arsenalfan
Sun Jan 31, 2021 1:54 pm
Forum: Investing - Theory, News & General
Topic: Electric vehicle stock
Replies: 31
Views: 1828

Re: Electric vehicle stock

This is the conservative, slow and steady indexing investment board. Most folks here advocate 3-fund portfolio and preach conservative expectations for single-digit growth. Not the place for educated in-depth discussion about single stocks. Occasionally it will get spicy and you'll hear about sector...
by arsenalfan
Thu Jan 28, 2021 8:18 am
Forum: Personal Finance (Not Investing)
Topic: When to buy a new car vs. repair existing car
Replies: 36
Views: 2500

Re: When to buy a new car vs. repair existing car

Yeah thinking about it too deeply.
Like anything else purchased, highly personal/situational.
You can rationalize anything.
by arsenalfan
Mon Jan 25, 2021 6:46 pm
Forum: Personal Investments
Topic: Our full picture - turning to BHs as financial advisors
Replies: 24
Views: 2844

Re: Our full picture - turning to BHs as financial advisors

I'd get at least another $3MM 20-year term life for him, and at least $2MM 20-year term-life for her. Cost will be minimal @ 33 yo. Your numbers may be different. Budget roughly how much she would need if he dies leaving her behind with 3 kids (including newborn). And do the exercise the other way i...
by arsenalfan
Thu Jan 21, 2021 5:20 pm
Forum: Personal Investments
Topic: Fidelity - comingles 401k and after tax roth conversion?
Replies: 8
Views: 552

Re: Fidelity - comingles 401k and after tax roth conversion?

Above is correct. I had a Fidelity 401k/Roth 401k for a number of years. I was annoyed that Fidelity did not treat them as separate accounts entirely, because I wanted to invest them differently. When I separated from that company, I kept my Fidelity 401k there. I rolled the Fidelity Roth 401k into ...
by arsenalfan
Sat Jan 16, 2021 11:08 am
Forum: Personal Investments
Topic: Real estate crowdfund investors: how are your returns?
Replies: 10
Views: 1434

Re: Real estate crowdfund investors: how are your returns?

DLP has $500k minimum
There is an access fund pooling investors, with $50k minimums - that is closed.
Detailed here in WCI blog, likely explains the conflict of interest
https://www.whitecoatinvestor.com/alter ... vestments/
by arsenalfan
Wed Jan 13, 2021 11:49 am
Forum: Personal Consumer Issues
Topic: Any real world Tiny House experience here?
Replies: 29
Views: 2150

Re: Any real world Tiny House experience here?

Stayed in a small 2br/1ba house in downtown Park City UT ski trip. Probably 900 sq ft? Not the crazy tiny ones with a loft over the kitchen or anything crazy space-saving. It was on the main strip, and basically a place to make coffee/eat breakfast. No real living/dining area, just a bar area. Micro...
by arsenalfan
Mon Jan 11, 2021 11:57 am
Forum: Personal Consumer Issues
Topic: Why do car salesman want to talk to me?
Replies: 63
Views: 6714

Re: Why do car salesman want to talk to me?

Having just bought a new car for the first time in 11 years, I'm pro-talk. Costs nothing. I did the internet inquiries, and talked to 3 dealers' internet sales people. Got emailed quotes, and forwarded the best one around. Did that twice, got the best OTD price (Tax, Tags, Fees all-in). Then the non...
by arsenalfan
Sat Jan 09, 2021 9:32 am
Forum: Personal Consumer Issues
Topic: Is working overrated?
Replies: 31
Views: 1946

Re: Is working overrated?

Depends on opportunity cost of you working, so YMMV.
I think this will be hardest for me at 0.75 or 0.5 FTE to avoid the One More Year syndrome.
by arsenalfan
Sat Jan 09, 2021 9:30 am
Forum: Personal Finance (Not Investing)
Topic: "Annual returns from my portfolio is more than my annual income". Does this mean anything?
Replies: 66
Views: 5962

Re: "Annual returns from my portfolio is more than my annual income". Does this mean anything?

Means nothing.
Market giveth, market taketh away.
Roller coaster year - I hit this mark this year, and it felt pretty great, but it changed nothing in my personal or financial behavior.
Neither did my portfolio being down about the same amount in March 2020 (though that felt pretty crappy).
by arsenalfan
Fri Jan 01, 2021 11:36 am
Forum: Personal Consumer Issues
Topic: Fire Pits: Solo Stove vs. Breeo
Replies: 43
Views: 10607

Re: Fire Pits: Solo Stove vs. Breeo

I have a $100 Landman Big Sky Wildlife. Bought some ceramic fireplace bricks and sand at Home Depot to complete setup. Good friend has the biggest Breeo and designed a really nice firepit area with flagstone. We have the same seasoned firewood provider, and have spent numerous hours around each. Tra...
by arsenalfan
Tue Dec 29, 2020 8:36 am
Forum: Personal Finance (Not Investing)
Topic: LenderFi: Who did they sell your mortgage to?
Replies: 54
Views: 5039

Re: LenderFi: Who did they sell your mortgage to?

Freddie Mac
LenderFI servicing
by arsenalfan
Sun Dec 27, 2020 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Investing extra mortgage payments to pay it off faster
Replies: 11
Views: 897

Re: Investing extra mortgage payments to pay it off faster

No real other issues. It's a good experience to learn more about yourself. For all windfalls and surplus money, our IPS said to pay down debt with 1/3 and invest the other 2/3 in aftertax accounts. 7 years into the plan, thanks to the market, the after tax accounts can pay off the mortgage. Concurre...
by arsenalfan
Sat Dec 26, 2020 3:31 pm
Forum: Personal Consumer Issues
Topic: What kind of car do Bogleheads like to drive?
Replies: 470
Views: 39319

Re: What kind of car do Bogleheads like to drive?

I like to drive, but also like value. Coming electrification is very exciting. My short list: 2021 CX-5 (would have gotten turbo 4cylinder except my kids will be driving this car starting in 2 years). 08 GTI - should live for a few more years, but if died today, I'd test drive Bolt, Model 3, Rav4 Pr...
by arsenalfan
Sat Dec 26, 2020 3:24 pm
Forum: Investing - Theory, News & General
Topic: How many years of expenses to keep in safe assets?
Replies: 44
Views: 2847

Re: How many years of expenses to keep in safe assets?

My plan is for 4 years in VWITX aftertax account.

Rental cashflow and SS income (assuming present caclculations) will cover 95% of our needs.

If I didn't have those, then I'd probably do 10 years in VWITX.
by arsenalfan
Fri Dec 25, 2020 2:53 pm
Forum: Personal Investments
Topic: Lost desire to increase my portfolio, temporary?
Replies: 142
Views: 13089

Re: Lost desire to increase my portfolio, temporary?

2020 is a weird year. So much badness, and yet the market is up. And like way up. If you survived March feeling like this and could physically and emotionally can tolerate that swing over and over going forward, then sure you’re probably ok not growing the portfolio at this time. Perhaps you’ve hit...
by arsenalfan
Fri Dec 25, 2020 6:28 am
Forum: Personal Investments
Topic: Lost desire to increase my portfolio, temporary?
Replies: 142
Views: 13089

Re: Lost desire to increase my portfolio, temporary?

2020 is a weird year. So much badness, and yet the market is up. And like way up. If you survived March feeling like this and could physically and emotionally can tolerate that swing over and over going forward, then sure you’re probably ok not growing the portfolio at this time. Perhaps you’ve hit ...
by arsenalfan
Tue Dec 22, 2020 12:26 pm
Forum: Personal Consumer Issues
Topic: Craiglist post response
Replies: 60
Views: 4255

Re: Craiglist post response

These are fun. Any CL query I reply with yes it's still available, and I use venmo/cashapp/Paypal in this pandemic. Been getting a lot of random cashier check scams!"" Only the legit ones email back. Then I ask for their Venmo or Paypal account name, so I can ""friend" in ad...
by arsenalfan
Sun Dec 20, 2020 8:17 pm
Forum: Personal Consumer Issues
Topic: New Vehicle Shopping - SUV or Hybrid, suggestions appreciated
Replies: 65
Views: 5091

Re: New Vehicle Shopping - SUV or Hybrid, suggestions appreciated

Can you hold out for 1-2 more years? Phev and pure Electric tech is coming. Love to do RAV4 prime in 2021 or 2022 once widely available. Sadly one of our cars died and we had to buy. Kid 1 going to drive it in 2 years - bought a Mazda cx5 touring w base engine after testing out RAV4, CRV, Hyundai an...
by arsenalfan
Sun Dec 20, 2020 8:01 pm
Forum: Personal Finance (Not Investing)
Topic: Pros and Cons of becoming a Real Estate Agent
Replies: 62
Views: 5822

Re: Pros and Cons of becoming a Real Estate Agent

Thanks for posting! Been contemplating becoming agent since I buy 2-3 properties a year for around $400-500k each. I find all the deals myself off market or Redfin, and basically have been wondering why I use a realtor at all since I have a closing attorney lined up. Done a few without realtors, but...
by arsenalfan
Sun Dec 20, 2020 12:12 pm
Forum: Personal Investments
Topic: Roast me! ER doctor portfolio
Replies: 128
Views: 13663

Re: Roast me! ER doctor portfolio

HSA is only minor addition if you have HDHP. Consider portfolio diversification whilst avoiding Stupid Doctor Tricks investments for suckers. ASC, urgent care ownership, etc. Pivoting to passive income - when I was your age I kept cranking until my portfolio/real estate/ASC provided enough growth an...
by arsenalfan
Fri Dec 18, 2020 8:11 am
Forum: Personal Consumer Issues
Topic: Has anyone bought a car out of state???
Replies: 12
Views: 674

Re: Has anyone bought a car out of state???

Virginia Fees negotiable - agree with pp is final otd Price is all that matters. I live in DMV area and the Bethesda dealer was best price. Showed the Internet quote to the Tyson’s dealer and he finagled the numbers to beat by $100. Went with Bethesda dealer due to proximity. Basically email all dea...
by arsenalfan
Mon Dec 14, 2020 6:02 pm
Forum: Personal Investments
Topic: Paid off real estate > Bonds?
Replies: 30
Views: 1791

Re: Paid off real estate > Bonds?

Lots of good advice. All personal/situational. Bond investing location in taxable/tax deferred: read up on where to put them, been debated here. I'm highest tax bracket, so 33% of bond allocation is a state muni bond ladder and 67% of bond allocation is VWITX = both tax free, in my aftertax account....
by arsenalfan
Mon Dec 14, 2020 9:35 am
Forum: Personal Investments
Topic: Paid off real estate > Bonds?
Replies: 30
Views: 1791

Re: Paid off real estate > Bonds?

That is a good point, thank you. I wonder if the tax advantages (depreciation?) do anything to really offset this. The problem with rental real estate IMO is that the income stream is volatile. You can have a bad year that eats up a couple years' of profit. For example, water leak does several thou...