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Re: What's your average monthly expense???

dreamer wrote:So now if I take all lower bound, then it gets $3706, if I take upper one, then it becomes: $4056 :dollar . On an average it generally goes between $3700 - $4200 :oops:. Does it look normal? :confused

Looks pretty average to me. I'm running $36k-$40k/yr, single, Boulder.
by BolderBoy
Tue Apr 21, 2015 6:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: What's your average monthly expense???
Replies: 85
Views: 7511

Re: Solo 401K a no-brainer over company 401k?

niceguy7376 wrote:Bolder Boy,
For Deductible Trad IRA: Having a work place retirement plan and income limitations

Ahhhh. I looked it up and it is specifically modified AGI limitations when there is a workplace retirement plan. Thanks for prodding me.
by BolderBoy
Tue Apr 21, 2015 12:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: Solo 401K a no-brainer over company 401k?
Replies: 11
Views: 854

Re: Paying for GFs school - any way to help myself?

I think you are being exceptionally noble and a lot folks on here are not being very accepting of that. Altruism does exist and this guy sounds like he exemplifies it.

Bravo!
by BolderBoy
Mon Apr 20, 2015 11:12 pm
 
Forum: Personal Finance (Not Investing)
Topic: Paying for GFs school - any way to help myself?
Replies: 76
Views: 4631

Re: Solo 401K a no-brainer over company 401k?

Hey guys, thanks for clarifying and pointing out that even a solo 401k would make me covered by a retirement plan and therefore ineligible to a deduct a traditional IRA contribution. I don't understand this. I thought the eligibility to deduct a tIRA even if you are covered by a workplace (or indiv...
by BolderBoy
Mon Apr 20, 2015 10:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: Solo 401K a no-brainer over company 401k?
Replies: 11
Views: 854

Re: Overinflating Tires

This has been more instructive than I imagined and I thank you ALL for weighing in with lots of things to consider.

What a great forum!
by BolderBoy
Sun Apr 19, 2015 11:47 pm
 
Forum: Personal Consumer Issues
Topic: Overinflating Tires
Replies: 31
Views: 2764

Re: Overinflating Tires

Overinflation of tires by 10 psi will not harm the tire, although it may wear the tread a little faster since the center of the wear surface is bulged out. The normal increase in pressure is 5 psi as the tire heats up and 3-5 psi from daytime heat Tires actually run slightly cooler when they are ov...
by BolderBoy
Sun Apr 19, 2015 7:22 pm
 
Forum: Personal Consumer Issues
Topic: Overinflating Tires
Replies: 31
Views: 2764

Re: Ameriprise

A guy just moved into our neighborhood, indicates he is a financial advisor working for Ameriprise. He's started inviting the neighbors to his home for beer and wine tastings and I'd like to accept his invitation, but not interested in a hard sell. I'm not familiar with Ameriprise, are these folks ...
by BolderBoy
Sun Apr 19, 2015 7:14 pm
 
Forum: Personal Finance (Not Investing)
Topic: [Who is Ameriprise? Got invitation from a financial advisor]
Replies: 32
Views: 2823

Overinflating Tires

Had a slowly leaking "flat tire". Put enough air in to get to my usual shop. While I was at it, I checked and adjusted the pressure in my other tires to spec. The shop fixed the flat fine and checked the other tires as well. The next day I rechecked the tires while they were cold, 3 of the...
by BolderBoy
Sun Apr 19, 2015 6:03 pm
 
Forum: Personal Consumer Issues
Topic: Overinflating Tires
Replies: 31
Views: 2764

Re: Preparing for the Minimum Required Distribution

My marginal tax rate was 25% for 2014 but my effective rate was 12.56%. If I need to withdraw as much as I think I do at 70 1/2 and if I haven't lost or withdrawn a ton of money before then (God forbid!), I believe I will be pushed up into the 28% tax bracket. Your marginal rate is what is importan...
by BolderBoy
Sun Apr 19, 2015 4:07 pm
 
Forum: Investing - Help with Personal Investments
Topic: Preparing for the Minimum Required Distribution
Replies: 38
Views: 2550

Re: What Guaranteed Return Would You Require to Move All Ass

LFKB wrote:Also, there is a thing called an annuity that is essentially what I described so it's not "fantasy." I just phrased the question differently.

Is an annuity a "fund"? That is the term you used in your question.
by BolderBoy
Sun Apr 19, 2015 4:00 pm
 
Forum: Investing - Theory, News & General
Topic: What Guaranteed Return Would You Require to Move All Assets
Replies: 54
Views: 3136

Re: Preparing for the Minimum Required Distribution

Can anybody give me some suggestions? Or should I just bite the bullet and set up an appointment with a CPA? You can do that, too. Do you know what your marginal tax bracket is NOW and expected to be until age 70ish? Are you certain that you'll be in a higher bracket when you start taking RMDs (I w...
by BolderBoy
Sun Apr 19, 2015 3:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Preparing for the Minimum Required Distribution
Replies: 38
Views: 2550

Re: What Guaranteed Return Would You Require to Move All Ass

So let's say hypothetically there is a fund with a 100% guarantee to return exactly X% every year for the next 25 years. If you are to buy this fund, you are required to liquidate your entire portfolio and move all your invested capital into the fund. What is the lowest X (annual return) that you w...
by BolderBoy
Sun Apr 19, 2015 3:43 pm
 
Forum: Investing - Theory, News & General
Topic: What Guaranteed Return Would You Require to Move All Assets
Replies: 54
Views: 3136

Re: Anyone here experience a change to a "right to work" sta

I guess I could use some education about unions, but I thought that union dues and such went to pay for administrative stuff related to the union - salaries of union officials and workers, infrastructure of the union (offices, pens paper, etc., even if on a national scale.) The other items you menti...
by BolderBoy
Sun Apr 19, 2015 10:32 am
 
Forum: Personal Consumer Issues
Topic: Anyone here experience a change to a "right to work" state
Replies: 14
Views: 1433

Re: Coming to terms with low risk tolerance

I settled on 40% stocks, 5% real estate, 55% bonds/cash. I know that in the long run this will hurt me financially. But I rationalize it with the intangible cost of financial anxiety. Nothing wrong with that AA. Do a Google search for "The Efficient Frontier" and pay attention to the grap...
by BolderBoy
Sun Apr 19, 2015 10:01 am
 
Forum: Investing - Help with Personal Investments
Topic: Coming to terms with low risk tolerance
Replies: 46
Views: 3419

Re: Netflix DVD delivery slowdown?

Hah! Two variables in play where I live - the USPS and Netflix. So I decided to check up on the one that I could - the USPS. Sure enough, they simply skip collecting mail from the outside collection boxes when they don't want to collect that mail. I watched two locations on several different days an...
by BolderBoy
Sat Apr 18, 2015 3:16 pm
 
Forum: Personal Consumer Issues
Topic: Netflix DVD delivery slowdown?
Replies: 110
Views: 17545

Re: What Is The Worst Car You Have Ever Owned?

2000 and 2001 Mercedes E320s. To call them junk is to insult junk collectors everywhere. I can't begin to tell you what trash those two model years were. (you'll remember that Mercedes and Chrysler married for a short time, and this was one result of that)
by BolderBoy
Sat Apr 18, 2015 1:07 pm
 
Forum: Personal Consumer Issues
Topic: What Is The Worst Car You Have Ever Owned?
Replies: 39
Views: 1761

Re: What Is The Worst Car You Have Ever Owned?

1991 Dodge Colt. The thing had a curb weight just under 2000 pounds I think (avg for a mid-size car is 3500 pounds) and the tires were these 13" ones about as wide as some bicycle tires (exaggerating slightly here). I lived in Maine and honestly was taking my life in my hands anytime it snowed...
by BolderBoy
Sat Apr 18, 2015 1:04 pm
 
Forum: Personal Consumer Issues
Topic: What Is The Worst Car You Have Ever Owned?
Replies: 39
Views: 1761

Re: Marginal benefit of spending more on car

What does going from $5k to $10k get me (in terms of reliability, performance, comfort, safety, properly designed cupholders, etc.)? I think you've itemized out what you need to rank-order so that you can decide. I don't look at cost first. I'm interested in safety first and rank other things behin...
by BolderBoy
Sat Apr 18, 2015 12:56 pm
 
Forum: Personal Consumer Issues
Topic: Marginal benefit of spending more on car
Replies: 67
Views: 4664

Re: Township replacing parking meters with kiosks. Is this

The worst aspect, however, is that I believe we will lose the ability to "piggyback" on previous parker's time. With traditional meters, I could see which meter had time remaining before deciding where to park (the meters with no time remaining blink.) I think this option won't exist anym...
by BolderBoy
Sat Apr 18, 2015 12:48 pm
 
Forum: Personal Consumer Issues
Topic: Township replacing parking meters with kiosks. Is this bad?
Replies: 9
Views: 488

Re: Still having a hard time on retiring

The question I have is the FIRECalc how much faith would you put in too that calculator?? A lot! It was the final decision maker for me. Even with wildly pessimistic numbers, FIREcalc (and cFIREsim) both showed I could retire without much worry going forward. But I wonder about this for you - if yo...
by BolderBoy
Sat Apr 18, 2015 12:33 pm
 
Forum: Personal Finance (Not Investing)
Topic: Still having a hard time on retiring
Replies: 43
Views: 6050

Re: "What Experts Say About Jack Bogle"

I have never had the pleasure of meeting Jack Bogle but I have enjoyed every video interview of him. He is the type of person who wears very well. The more that I see him interviewed, the more impressed I am. He is so down-to-earth and personable, you can't imagine. One of those people who is compl...
by BolderBoy
Sat Apr 18, 2015 12:18 pm
 
Forum: Investing - Theory, News & General
Topic: "What Experts Say About Jack Bogle"
Replies: 7
Views: 2022

Re: Taking stock at midlife financially

Hello all I have been a reader for some time on this forum, but this is my first post. I am in my mid forties and at a point where I have been working for 20+ years - started working right after college. I have a net worth of around 1.5 MM not including my home. I have around 50K of mortgage left o...
by BolderBoy
Sat Apr 18, 2015 12:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: Taking stock at midlife financially
Replies: 20
Views: 3379

Re: Stocks are on sale, should I buy?

singern wrote:If beer or peanut butter was on sale I would stock up. I'm kind of thinking I should do the same with my VTSMX!

"Sale! 1.5% Off!" Would you even react to such a sign in a store? Just invest as your plan directs you to do.
by BolderBoy
Sat Apr 18, 2015 11:42 am
 
Forum: Investing - Help with Personal Investments
Topic: Stocks are on sale, should I buy?
Replies: 54
Views: 5830

Re: Is this an index fund?

Answer to the "subject line" of your post = "No."
by BolderBoy
Sat Apr 18, 2015 11:38 am
 
Forum: Investing - Help with Personal Investments
Topic: Is this an index fund?
Replies: 16
Views: 1417

Re: NY Times Article - Active Mutual Funds

From the article: "The Morgan Stanley report says that investors can benefit from actively managed mutual funds by carefully choosing funds that focus on areas where it is easier for active managers to outperform, like international and small company stocks." Let's see, on average over th...
by BolderBoy
Fri Apr 17, 2015 7:28 pm
 
Forum: Investing - Theory, News & General
Topic: NY Times Article - Active Mutual Funds
Replies: 25
Views: 3029

Re: My job says I can't work for anyone else...

I'm employed as a W2 with my current job as a doc. In the employment contract I signed it says I can't work for another company as a doc while I'm employed with them. I'm wondering, how enforceable is this? Can they fire me if I choose to pursue a side gig? I was offered a contract with a "no ...
by BolderBoy
Fri Apr 17, 2015 6:21 pm
 
Forum: Personal Finance (Not Investing)
Topic: My job says I can't work for anyone else...
Replies: 61
Views: 6064

Re: Mom retiring next year....help

My question is what do i do with the 401k and the annuity cash coming through this summer. I was advised to do an IRA for her for 2015 and 2016 and then next year when she retires just to put the rest in a taxable account (both accounts in VTXVX. Any other suggestions or ideas? Thoughts? How much d...
by BolderBoy
Fri Apr 17, 2015 12:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: Mom retiring next year....help
Replies: 3
Views: 631

Re: Need help on revamped portfolio

3. Precious metals. Prior to revamping this portfolio, I had just over 1% in USAA Precious Metals and Minerals Fund (USAGX) (ER = 1.24%). I sold it to harvest the 50% capital gains LOSS in order to let me sell other funds without incurring CG tax on them. So, should I reinvest that same money in pr...
by BolderBoy
Fri Apr 17, 2015 11:42 am
 
Forum: Investing - Help with Personal Investments
Topic: Need help on revamped portfolio
Replies: 5
Views: 426

Re: New Vanguard White Paper: "Factor-based investing" (Apr

What is their overall recommendation on factor investing as part of a buy and hold portfolio? I find it somewhat amusing that we have progressed from: Active -> Passive -> "Smart" Passive -> ??? This looks vaguely familiar. Gus Sauter gave a talk at the 2014 BH conference in which he had ...
by BolderBoy
Fri Apr 17, 2015 9:46 am
 
Forum: Investing - Theory, News & General
Topic: New Vanguard White Paper: "Factor-based investing" (Apr '15)
Replies: 21
Views: 3134

Re: Is there a "filling the trough" strategy?

I'd be very interested in what FIREcalc.com or cFIREsim.com show when you plug your numbers in there and tweak them for various scenarios. Your investing horizon approaches 40 years so it could give you some solid insight.
by BolderBoy
Tue Apr 14, 2015 5:30 pm
 
Forum: Investing - Help with Personal Investments
Topic: Is there a "filling the trough" strategy?
Replies: 12
Views: 1879

Re: Anyone semi-retired? What's it like?

BolderBoy, did you ever consider job sharing or other part time arrangements? No, I was pretty fried by the time I decided to step aside and go PRN - the staff said that my attitude changed completely. Prior to going PRN, little things that didn't bother the younger folks were irking me pretty regu...
by BolderBoy
Sun Apr 12, 2015 12:54 pm
 
Forum: Personal Finance (Not Investing)
Topic: Anyone semi-retired? What's it like?
Replies: 16
Views: 2530

Re: Kitchen upgrade - granite selection help

Kitchen roughly needs 50sq ft of granite and 40 sq ft of backsplash tile, my budget is about $4k. Is it even possible to do at that price? Anyway, I'd go with lighter granite if your kitchen is "dark" and the reverse if your kitchen is bright. Personal experience with using Blue Pearl in ...
by BolderBoy
Sun Apr 12, 2015 11:29 am
 
Forum: Personal Consumer Issues
Topic: Kitchen upgrade - granite selection help
Replies: 52
Views: 4295

Re: protecting passport from damage

I wrap mine in household aluminum foil to thwart the folks with RFID readers. Attended a citizen's police academy where the computer forensic tech guy said that aluminum foil is what the cops nationwide use to protect elec devices from outside meddling until they get 'em to the lab.
by BolderBoy
Sun Apr 12, 2015 11:24 am
 
Forum: Personal Consumer Issues
Topic: protecting passport from damage
Replies: 23
Views: 1608

Re: Another new two comma club member

FedGuy wrote:I just added up my various accounts, and it looks like I've crossed the threshold.

"My heart soars like a hawk!"
by BolderBoy
Sun Apr 12, 2015 11:07 am
 
Forum: Personal Finance (Not Investing)
Topic: Another new two comma club member
Replies: 13
Views: 1638

Re: Please critique my financial health

Deviceguy87 wrote:Any other advice is greatly appreciated.

I would be boosting the emergency fund a LOT. If you vastly overfund it now you'll have security in the short term and can use the overfunded portion to good advantage after you graduate and things settle down again.
by BolderBoy
Sun Apr 12, 2015 11:04 am
 
Forum: Personal Finance (Not Investing)
Topic: Please critique my financial health
Replies: 9
Views: 1636

Re: Anyone semi-retired? What's it like?

Would the posters mind stating their occupations that they semiretired from- it might be informative. Anesthesia. Was going to simply retire and walk away at age 61 but freaked out about not having anything to do, so made a deal to be available prn for the old group. First 12 months they called me ...
by BolderBoy
Sun Apr 12, 2015 10:47 am
 
Forum: Personal Finance (Not Investing)
Topic: Anyone semi-retired? What's it like?
Replies: 16
Views: 2530

Re: A 100% newbie asking for advise desperately

Spend some time reading in the wiki associated with this forum. You need to come up with a plan overall. After a bit of reading it will start to come together that there is a unified way to do all of this. You have lots of pieces of the puzzle and just need a nudge and the wiki may provide that for ...
by BolderBoy
Sun Apr 12, 2015 10:07 am
 
Forum: Investing - Help with Personal Investments
Topic: A 100% newbie asking for advise desperately
Replies: 10
Views: 757

Re: Rental Real Estate beats bonds anytime

Bonds yield nothing these days. Why not go into single family homes. $100,000 home gets you 10% ($1000/month) here. No way bonds will ever yield anything more than 1% in the next 10 Years. Portfolio allocation (stock/bond) doesn't work if bonds pay nothing. That isn't the purpose of holding bonds i...
by BolderBoy
Sun Apr 12, 2015 10:01 am
 
Forum: Investing - Help with Personal Investments
Topic: Rental Real Estate beats bonds anytime
Replies: 13
Views: 1317

Re: Moving to an expensive new home - mortgage paydown quest

I think you are doing excellently and were I you, I'd use the proceeds from the current house to pay down the new house (and do the refi, too).

Well done!
by BolderBoy
Sun Apr 12, 2015 9:55 am
 
Forum: Investing - Help with Personal Investments
Topic: Moving to an expensive new home - mortgage paydown question
Replies: 6
Views: 1019

Re: help with investments

1.Expense ratios at TDA are none. I Already paid the commissions when I bought the stocks. Can these be transferred to Vanguard Yes, usually, but it can be a nuisance. Called a "transfer in kind". 6.I will read up on the target retirement fund. One fund that is not target but is quite pop...
by BolderBoy
Sun Apr 12, 2015 9:48 am
 
Forum: Investing - Help with Personal Investments
Topic: help with investments
Replies: 9
Views: 515

Re: How to know if I am saving enough?

I'm 26 and single. I work for over a year now. I'm saving around 45% of my gross income, including 401(k) and low interest college loan repayment (still 2 years to go) and have around 30% taxes withheld. I'm not planning early retirement so far. Is 45% enough? If yes - how to get rid of feeling tha...
by BolderBoy
Fri Apr 10, 2015 8:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: How to know if I am saving enough?
Replies: 25
Views: 2682

Re: WSJ: You may need less than 80% in retirement

I doubt there's any "you need 80%" crowd to be found on this forum. You try to directly figure out what your expenses are anticipated to be in retirement. Whatever percentage that is of your current income is just some number that is what it is. Agreed completely - the "you need 80%&...
by BolderBoy
Fri Apr 10, 2015 7:17 pm
 
Forum: Investing - Theory, News & General
Topic: WSJ: You may need less than 80% in retirement
Replies: 98
Views: 9030

Re: SEP IRA account

Like I said, I don't know a jack about investing and I am pretty new to this. I need your guidance a little to use this retirement account right. You have some reading to do. The wiki on this site can help a lot. How old are you, marital status, tax bracket, what state you live in, etc? Is the only...
by BolderBoy
Fri Apr 10, 2015 7:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: SEP IRA account
Replies: 5
Views: 620

Re: Switching 40% of my portfolio to bonds: just can't do it

Is anyone prepared to make a reasoned case that I should switch a significant portion of my portfolio to bonds 1. Right now 2. Irrespective of the yield even if it was zero or negative. ... and hence help me make the leap. Do you know what the purpose of bonds are in a portfolio? They are to mitiga...
by BolderBoy
Wed Apr 08, 2015 11:24 pm
 
Forum: Investing - Theory, News & General
Topic: Switching 40% of my portfolio to bonds: just can't do it.
Replies: 52
Views: 7061

Re: Do you think Ric Edelman is correct, never pay down mort

during the radio show Ric Edelman said people should always get a 30-year mortgage and never pay down the mortgage. He did not say the reason, but said if you want to know get his book or attend his seminar. I guess he believes using the money for paying down mortgage to invest in stock market will...
by BolderBoy
Wed Apr 08, 2015 11:05 pm
 
Forum: Investing - Theory, News & General
Topic: Do you think Ric Edelman is correct, never pay down mortgage
Replies: 209
Views: 16427

Re: How do I categorize these funds

JaySayms wrote:FYI I have no control over the asset allocation in my 401K....

Is this true? I'm pretty sure the SCOTUS ruled in the last few years that the administrator or employer owes you a fiduciary duty in that case. It is why many/most 401k plans let the employee make the investing decisions.
by BolderBoy
Wed Apr 08, 2015 10:51 pm
 
Forum: Investing - Help with Personal Investments
Topic: How do I categorize these funds
Replies: 18
Views: 1088

Re: Need advice on investing an inheritance

The research shows an advantage over time, to those who lump sum invest. Do you not have any bonds presently? 7 years from retirement? Gutsy...
by BolderBoy
Wed Apr 08, 2015 10:48 pm
 
Forum: Investing - Help with Personal Investments
Topic: Need advice on investing an inheritance
Replies: 35
Views: 3099

Re: 50.00 Fee from Fidelity for transfer

I transferred a ROTH IRA from Fidelity to Vanguard last night and this morning I noticed a 50.00 fee from Fidelity. ACH is the standard way to transfer from financial institutions today and they don't cost that much. This is little more than punishment and shows what a financial institution truly t...
by BolderBoy
Wed Apr 08, 2015 10:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: 50.00 Fee from Fidelity for transfer
Replies: 26
Views: 2391

Re: What security measures are your hired professionals usin

So I'm curious to what extent Bogleheads think about these issues, and care about it and/or vet the security procedures of their financial services providers. I expect that security - real security - is just middling at best for many financial service providers. But the Dept of Health and Human Ser...
by BolderBoy
Fri Apr 03, 2015 2:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: What security measures are your hired professionals using
Replies: 7
Views: 886

Re: Proceeds from Home Sale

Would IRS care if most of the proceeds went into the a/c of one of us rather than the other assuming we filing a joint 2015 tax return? I cannot find a restriction on investing proceeds and thought this would be the best source for an answer esp. since IRS has limited phone service now. I do not se...
by BolderBoy
Fri Apr 03, 2015 2:29 pm
 
Forum: Personal Finance (Not Investing)
Topic: Proceeds from Home Sale
Replies: 4
Views: 659
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