re: Anybody know anything about construction contract laws? I have a situation - LSUTOM07 on 5/11/17 at 12:54 am
Hard to say without seeing the contract.. I'm going to go out on a limb and say that nothing stops you from breaking the contract. You will likely owe them for any work already performed and any material that may have been procured for your job. Don't offer this up, but if this is the case, make sur...Jump to Post - View Topic - Replies (1)
Backdoor Roth - LSUTOM07 on 4/14/17 at 1:58 pm
Can someone please explain a backdoor Roth IRA? I saw it mentioned in another thread for cases when your income exceeds the Roth IRA limit. For those who fall into this category, do you use a backdoor Roth? Any tips or suggestions? Also, do you have any other tips on how you minimize your tax bur...Jump to Post - View Topic - Replies (1)
re: Northern California Hunting - LSUTOM07 on 4/8/17 at 12:05 am
Just stating the obvious. From what I've read, there seems to be some good hunting out here. Not sure how to get started finding a place. Someone else has to have gone through the same thing on here.. ...Jump to Post - View Topic - Replies (1)
Northern California Hunting - LSUTOM07 on 4/8/17 at 12:00 am
Just moved to the Bay Area and I have see a lot of ducks and a few turkeys since I've moved to the Bay Area. Do any of you happen to live in the area, and have any leads on places to hunt duck or turkeys? I don't know a soul out here, and there aren't many people that share similar interests. ...Jump to Post - View Topic - Replies (13)
Rental Property - What/where would you buy? - LSUTOM07 on 4/4/17 at 12:29 am
With all of the threads on using real estate to build wealth, it got me thinking.. if you had 30-50k to put down towards a rental(s), where would you start? What would you look for? Which location? etc. Are there any key metrics you look for when purchasing? rent/expenses, cash flow, ROI? Any...Jump to Post - View Topic - Replies (4)
re: Cost of living - Oakland, Ca vs BR - LSUTOM07 on 2/28/17 at 8:45 am
I had a similar decision to make about 1 month ago. The wife and I decided it was worth the risk for the potential career growth opportunities on the west coast. We will be just above the base range you provided, and living in the south bay. Our base pay also increased by exactly 40%, but we were in...Jump to Post - View Topic - Replies (0)
re: Selling Covered Calls - LSUTOM07 on 11/11/16 at 11:18 am
[quote]Sell covered calls at a strike slightly high than your sell price[/quote] In this scenario, if I hit my sell price before contract expiration, I would have to hold until contract expiration, correct? Why wouldn't I sell a covered call just below my sell price? Some premiums going out as fa...Jump to Post - View Topic - Replies (2)
Selling Covered Calls - LSUTOM07 on 11/11/16 at 10:25 am
I have a stock in mind that I plan to sell if it increases another 3-4%. I am considering selling June2017 covered calls with a strike price equal to the stock price that I am looking to sell at. My goal is to maximize my premium on a stock that I already plan to sell. What am I missing here? ...Jump to Post - View Topic - Replies (1)
Is it time to take some gains? - LSUTOM07 on 11/10/16 at 1:10 pm
The market has been on fire the last two days. Are you taking gains, buying more, staying in cash? Personally, I'm getting nervous with the quick move up. I'm considering reducing my position in financials and airlines. ...Jump to Post - View Topic - Replies (2)
re: Entry level jobs with a MBA but little job experience - LSUTOM07 on 10/3/16 at 10:39 pm
To put it bluntly.. Decide what you want to do and go get it. You can't be this passive in today's job market with an MBA. Develop one hell of a resume and a great elevator pitch and put yourself out there. Networking events, career fairs, applying online. You would be surprised what doors you can o...Jump to Post - View Topic - Replies (1)
re: Spin-Off: BS in Engineering Paired with MBA - LSUTOM07 on 7/29/16 at 2:01 pm
[quote]Well the reason I'm considering getting one is the $7500 per year reimbursement from my new employer.[/quote] If this is your main reason.. you are less likely to see a career impact after receiving the MBA. [quote]it's learning whatever an MBA teaches you[/quote] An MBA is an extre...Jump to Post - View Topic - Replies (1)
re: Spin-Off: BS in Engineering Paired with MBA - LSUTOM07 on 7/29/16 at 1:27 pm
[quote]online MBA[/quote] I would not recommend this unless you only need the "MBA box" checked. You will miss out on the biggest advantage of an MBA program.. Networking. [quote]from Auburn, a top 10 online program[/quote] IMHO, no employer will be concerned how your online program compar...Jump to Post - View Topic - Replies (1)
re: Can you save too much?? - LSUTOM07 on 5/27/16 at 9:38 pm
[quote]I regret that in my 20s I "tied up" so much money in accounts I couldn't touch for 35-40 years. [/quote] This is one of my concerns as I have considered other investments such as rental properties and/or starting my own business. If I ever choose to do so, I may need access to more funds t...Jump to Post - View Topic - Replies (0)
re: Can you save too much?? - LSUTOM07 on 5/27/16 at 9:36 pm
[quote] No house note and no student loans but your monthly expenses are $3,500? Seems high to me. [/quote] Just off the top of my head.. 1200 apartment 750 combined car notes 180 combined car insurance 400 food 100 cable & internet 115 cell phones 100 Work parking 100 electrici...Jump to Post - View Topic - Replies (1)
re: Can you save too much?? - LSUTOM07 on 5/27/16 at 11:46 am
[quote]$50K+ in taxes if you are dumping all you both can in 401K[/quote] I just took a quick 35% off the top. I did not account for the tax reduction associated with the traditional 401k contributions. I agree that 97k is probably a bit low, but remember that only half of the retirement contribu...Jump to Post - View Topic - Replies (1)
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