Bogleheads.org

I don't' understand the argument that an advanced degree would push back your date at all. My wife and I both have MBAs and it only accelerated accumulation. There are smart ways to get an advanced degree.

You are making the assumption, in your headline, that income inequality exists.

Don't have records back then and didn't track, but I'd say probably around 28, which would have been around 2001.

Fast forward 12 years and it is nearly 15X that.

In practice, at my MegaCorp, the officers make so much money that even limiting their contributions to no more than 6% they still easily reach the overall $17,500 dollar limit. Thus they are indifferent. The ones who are hurt are people like me with the awareness of the need to save and the ability...

I "re-balance" with new money investment monthly. I've only been a boglehead for 6 months. I have not done any re-balancing with buying/selling existing assets other than my original setup of AA. Right now my AA is telling me to sell equities and buy bonds. I just can't bring myself to do ...

So many flaws in that article arleady pointed out. "Accustomed" to living on $150K makes me laugh. We are a family of 5, 3 boys still under 12 years old, with a household gross income several times the "$150K" threshold and a 7-digit net worth...and we spend only about 2/3rds of ...

If the person that sent you that email works for the company, they just gave you financial advice. As such, they just broke their fiduciary responsibility and could conceivably be liable for any decisions you make based on that email.

40% of my equity holdings are small/mid cap.

I tell myself there will be more peaks, and the one 20 years from now is the one that matters.

Hi guys, sorry I haven't replied to all posts. The car I was looking into was a 2009-2011 BMW M3 Coupe. I'm now thinking perhaps getting a 2012 BMW 328i Sedan for ~$35-$40k instead. I'm not a fan of the current F30 model 3-series. Frankly, I think its a little ugly. But to each his own. I'd rather ...

I make about 4 X what you make. I drive a 12-year old BMW that has 110K miles on the odometer. No way would I buy a $50K depreciating asset if I were you. A very nice, sporty car can be had for less than $30K. Look for a low-mileage Porsche 911 (non-turbo) in the 2000-2004 range. You'll find them fo...

Since I hope to be there by the end of this decade, that's good news. Access to institutional class shares alone is great.

What I would prefer they do is create a class of shares between the current Admiral and Institutional. Something around $500K invested to get better fees.

For taxable accounts, the less transactions the better for record keeping, i.e, dividend payments, buys and etc. It makes for easier lot identification in the future. See wiki: http://www.bogleheads.org/wiki/Whether_to_Reinvest_Dividends_in_a_Taxable_Account Whenever we have enough extra cash to ma...

I rebalance on the first of each month. New after-tax funds are converted (from cash) then. Once a month for me. You rebalance every month? I've heard of rebalancing every 6 or 12 months but not monthly. How does that work? You add funds monthly to bring your AA to your desired allocation? Yes, tha...

I rebalance on the first of each month. New after-tax funds are converted (from cash) then.

Once a month for me.

However, I would not make any after-tax contributions to such a poor plan, which I think would mean contributing no more than 10%. I currently make around $105-$110k - wouldn't all of my 15% contribution be pre-tax? Just to close the loop on this--the 10% limitation on pre-tax contributions appears...

I'm not moving out of bonds, but I'm not putting new contributions in either.

polarized oakleys....can never go back to anything else. I have 2 pair of $200 Oakleys (which I paid about $80 each for at 6pm.com). I also have a $300 pair of Maui Jims that all leaders at our business were given at a recent meeting. The maui jims are very stylish and very light weight. Fantastic ...

I would never consider an ARM, especially one that is interest only. Get a fixed rate mortgage for the shortest number of years that you can comfortably afford. The offer from your bank sounds a lot like the mortgages that got us in trouble in 2008. I have had both an ARM and an interest-only in th...

I include my pension, but not SS at this time.

I will probably change that in the future.

Why would I buy bond funds when rates are at historic lows and I stand to lose principle the minute rates begin to increase? Makes absolutely no sense to me. When rates start climbing again it will be time to add a short duration fund but right now, no way. If I already had a bond fund perhaps I wo...

Investing is boring wrote:If you use Bond's to pay off the mortgage, you are trading a ~1.7% PRE TAX return on TBM for a ~2.75% PRE TAX return on a refinance.

He's not. OP clearly stated he was using TSM.

I would refinance. In a modest, conservative investment allocation you should be able to beat 2.625% CAGR over the next 10 years. I might suggest you even take a bit more risk by taking out a 5/1 or 7/1 ARM. Invest the additional savings. If, after 5 years, the rate resets and you don't like the new...

I'm not moving OUT of bonds, but I'm not exactly plowing more in either.

However, since I will have to do some rebalancing soon. I do most of that through new contributions. Instead of bonds, I'm tending to put new contributions in either Cash or CDs for now.

The sweet spot on Porsche's right now appears to be 2000-2004 turbos with sub 30K miles. Amazing performance, modern looks, but under $40-$45K.

That's what I'd get. In fact, maybe I will. I do turn 40 this year.

Alas, the real cause of the rise in college tuition is simple to understand; between the 1970's and today, the number of students attending college has increased by a factor of 3! That means 3 times as many classrooms, 3 times as many professors, 5 times as many parking spaces, etc. If you factor i...

We're under 11% of net.

This is a mathematical problem. I'll use some close numbers but you'd have to do your own math. You have what appears to be $80K in equity tied to these properties. After realtor/closing costs, you'll have ~$62K left. On that $62K, you are currently returning just $176 in positive cash/flow per mont...

I know a lot of people argue not to change your allocation OUT of bonds, but what about where to put new money INTO your AA? If I've got $1 of new money to put in, is anyone NOT putting it in bonds? Thoughts?

Hi Folks, I never purchased any exercise equipment before - usually worked out at the gym - that is no longer possible because we just had a baby. So looking to buy a treadmill at home. Does anyone have suggestions on : 1. What price range i should be looking at to get a decent machine that does no...

airahcaz wrote:

Bacchus01 wrote:I don't have an option to put the money in cash, so I'll put it in a fund and pay taxes on any gains.

Money market fund?

Nope, not one of those either. Stable Value Fund is probably where it will go.

Use the rule of 50. 50 times your monthly rent is a "good" investment. This is not a good investment even at 100 times your monthly rent. There are better ways to get single-digit returns with less risk. Maybe that works where you are but that rule doesn't work in my area. 50x monthly ren...

a) get a job
b) don't get married until you can support yourself
c) leave the money alone and make your own

When I was a college kid I drank a little. OP, if I were your father I would tell you "don't do it". On the other hand, if I sensed you were the adventurous type, I would think to myself "let her do it. Let her lose some money and get it out of her system". You sound like you do...

Use the rule of 50.

50 times your monthly rent is a "good" investment.

This is not a good investment even at 100 times your monthly rent.

There are better ways to get single-digit returns with less risk.

I use it because I don't see another viable option.

In my opinion, MS Money was far superior in so many ways - especially the user interface.

But, Quicken works okay.

I don't have an option to put the money in cash, so I'll put it in a fund and pay taxes on any gains.

Thanks. I usually hit the pre-tax max around September. That gives me 3+ months to then do the after-tax and hit about $16K over those 3 months. Actually, I could do this over about 2 months and avoid too much in the way of gain/loss fluctuation. I don't want the hassle of doing it every payroll and...

What is most people's approach to this? Do they do it once a year? Do it every two weeks? When? I have the ability to do this through the year and just move it all at once, or I could do this across about 4 paychecks and then move it all at once. Or move it every few weeks (not preferred because of ...

And an Ally-like bank would be AWESOME.

I could ditch Ally and my brick and mortar then. Although I like Ally.

A class of shares between $10K and $100M or whatever crazy level.

How about $100K or even $500K for reduced fees.

How did you do the rollover exactly? Did you have the check made out to Vanguard?

My in-laws looked into it. They are cash strapped.

The fees are very high .

In the end we bought their house and rent it back to them. I'd like to find some more seniors in the same condition and do the same.

My plan does allow this. With matching provisions, my company 401K matches nearly dollar for dollar. This means I can put another $16K after-tax and roll to a Roth. Combined with the backdoor conversion for my wife and I, that's $27K a year I can roll to a Roth. For a very long time I couldn't conve...

Wow. This is one great reason I read here!

I had no idea I could get that much funneled into our Roth accounts each year. That will really help down the line!

I'm bumping this to the top and hoping for some simplicity.

Assuming you can max the $17K pre-tax and have a 50% company match. And you do a $5.5K backdoor Roth, how much more could you do after-tax through your 401K after tax and then roll out to a Roth, assuming you can do in-service withdrawals?

Simplicity and Airens are going to be two of the best brands you can buy.

For $1K, but the minimum you need to get the job done. Run it until it dies. Sell it to somebody who repairs them for $200, and go buy a new one. Rinse, repeat.

You don't NEED a financial advisor. If anything, dump it all to Vanguard and they'll do a free review for you. What you probably do NEED is an estate attorney as others have suggested. Taxation is your number one issue - not growth, asse allocation, withdrawl rates, tilts or exposure, etc. You could...

I'm going to go against the norm a bit because I take a different view on "winning the game." To me, she is probably set for life and therefore can be MORE risky, not less. That said, this is how I'd do it. Take what she needs to live on and draw upon and put that in a conservative 3-fund ...

Your choice depends a lot on what you plan to do with it. Since moving back north, we had to get a treadmill for the dreaded winters months. It has about 1500 miles on it after 2 winter seasons of running. With a small baby at home, it's even harder to get outside. If you plan to walk and run a few ...