Search found 389 matches

by M_to_the_G
Sat Aug 22, 2015 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: New Boglehead seeking advice!
Replies: 20
Views: 1519

Re: New Boglehead seeking advice!

If I had an advisor (I've never had one and probably never will), I wouldn't even talk to her/him if I was planning to leave. I'd call Vanguard, explain the situation and what I wanted to do, and let them deal with the advisor.
by M_to_the_G
Tue Aug 18, 2015 10:44 pm
Forum: Investing - Help with Personal Investments
Topic: TSP I Fund vs. No International Exposure
Replies: 6
Views: 606

Re: TSP I Fund vs. No International Exposure

When I developed my retirement investing plan several years ago, I drank the Kool-Aid® that fellow bogleheads gave me and got out of the I Fund in my TSP and into VTIAX in taxable. I'm happy with that decision, but as Tyler said above, it's probably not that big a deal. I look at the I Fund (or rath...
by M_to_the_G
Tue Aug 18, 2015 10:26 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving money in stocks
Replies: 18
Views: 2278

Re: Leaving money in stocks

If you have a large sum of money you don't need immediately, you can either A) leave it in stocks because you can afford to take the risk, or B) take it out of stocks because you do not need to take the risk. :mrgreen:
by M_to_the_G
Fri Aug 14, 2015 6:32 pm
Forum: Investing - Help with Personal Investments
Topic: Military Thrift Savings Plan & Blackrock
Replies: 8
Views: 705

Re: Military Thrift Savings Plan & Blackrock

You don't need to worry about BlackRock. The TSP's Thrift Savings Board contracts BlackRock to manage the index funds; that's it. Absolutely nothing to worry about. I agree with above poster. It's not a bad idea to pick either L2050 or L2040 and allocate 100% to it. The maximum you can contribute ev...
by M_to_the_G
Thu Aug 13, 2015 8:48 pm
Forum: Personal Finance (Not Investing)
Topic: Your First Job
Replies: 113
Views: 6576

Re: Your First Job

I worked at a dairy farm as a farm hand when I was 15. They had 600 cows, and in the winter I had to break the ice in the cows' water troughs by hand. It took six hours. It didn't bother me one bit; it was good money. And in retrospect, I'm very proud of that work. From the ages of 16 to 21, I was a...
by M_to_the_G
Wed Aug 12, 2015 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: Help evaluate! Federal Government employment vs. Private sector
Replies: 49
Views: 3310

Re: Help evaluate! Federal Government employment vs. Private sector

The pension isn't that much , 1% of your average salary over three years (top-3) x years of service. New hires also pay into the pension more, maybe 2-3% of salary? I'm just not sure. I think the pension is huge. If you retired a GS-15 at age 62, with a high-3 average of $130K and 30 years of servi...
by M_to_the_G
Tue Aug 11, 2015 8:51 pm
Forum: Personal Finance (Not Investing)
Topic: Help evaluate! Federal Government employment vs. Private sector
Replies: 49
Views: 3310

Re: Help evaluate! Federal Government employment vs. Private sector

for a younger person working for the government seems like giving up too soon-- yeah you get a lifetime job but at what expense? i suppose if security is more important than creativity--but seems like a waste of talent. i have a friend thats a life long fed gov employee, its a bit pathetic, they ar...
by M_to_the_G
Tue Aug 11, 2015 5:41 pm
Forum: Personal Consumer Issues
Topic: Anti-smartphone [basic phone + paper planner & address book] anyone??
Replies: 42
Views: 3173

Re: Anti-smartphone [basic phone + paper planner & address book] anyone??

Yes, I see you folks are spot on. The teletype machine was just as much of a distraction as the modern smart phone. So yes, nothing has changed. People are just ruder. :?
by M_to_the_G
Mon Aug 10, 2015 5:31 pm
Forum: Investing - Theory, News & General
Topic: Good Strategy? [TR 2055 at beginning of career]
Replies: 11
Views: 738

Re: Good Strategy? [TR 2055 at beginning of career]

Yes, it is a good strategy. I slice and dice a bit for tax efficiency purposes, but frankly, I'd be just fine with L funds in my TSP account and Vanguard target date funds in my Roth IRA and taxable accounts.
by M_to_the_G
Mon Aug 10, 2015 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Former Housemate Owes Money - What to do?
Replies: 97
Views: 6127

Re: Former Housemate Owes Money - What to do?

Chalk it up as a lesson learned. Your GF would have been well-served to recognize the deadbeat for what she was. There's no point in blaming the deadbeat. Recognize them and avoid them in the future. Even if you go the nuclear route and successfully manage to drag this deadbeat in front of a small c...
by M_to_the_G
Mon Aug 10, 2015 1:33 pm
Forum: Personal Consumer Issues
Topic: Prepaid Cell Plan USA
Replies: 30
Views: 2808

Re: Prepaid Cell Plan USA

I use T-mobile's $50/month plan. I don't know how heavy my usage is compared to other folks, but I estimate it as very low. I probably don't make more than 20 calls a month, for a few minutes each, and don't send more than a few dozen text messages. If I want to talk for longer -- or call internatio...
by M_to_the_G
Mon Aug 10, 2015 1:24 pm
Forum: Personal Consumer Issues
Topic: Anti-smartphone [basic phone + paper planner & address book] anyone??
Replies: 42
Views: 3173

Re: Anti-smartphone [basic phone + paper planner & address book] anyone??

I am just tired of smartphones. To put things in perspective I am 35 and work in a very competitive financial company and I embraced the smartphone movement thinking it will increase productivity etc. but I have realized that while they may increase productivity it increase anxiety from the 24/7 co...
by M_to_the_G
Mon Aug 10, 2015 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Help evaluate! Federal Government employment vs. Private sector
Replies: 49
Views: 3310

Re: Help evaluate! Federal Government employment vs. Private sector

Seems to be quite a disparity in the jobs, just based on the salary: for those of us in "fly-over country" a fed job of $175K is SES only (not even on the GS payscale) and dept.-level programs, and therefore tied to the political landscape (i.e., new administration may want new people in ...
by M_to_the_G
Sun Aug 09, 2015 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: 31 and need some advice
Replies: 12
Views: 1108

Re: 31 and need some advice

Considering your income, you are doing commendably well. Commendably. Having no debt besides a loan from mom and having $6k in cash (please tell us that is an emergency fund) is also very commendable. The advice of others to move out of a sector bet and into low-cost index investing (including TD fu...
by M_to_the_G
Sun Aug 09, 2015 12:37 pm
Forum: Investing - Theory, News & General
Topic: What Did You Do In The 2008/2009 Stock Market Crash?
Replies: 51
Views: 3662

Re: What Did You Do In The 2008/2009 Stock Market Crash?

In 2008, I was 28 years old and making decent money, but I didn't invest at the time. The market crash was a train wreck I watched from the sidelines with mild curiosity. I joined the federal government in early 2009 and got serious about investing, started reading, joined BH, etc. So for me, person...
by M_to_the_G
Sun Aug 09, 2015 12:21 pm
Forum: Investing - Theory, News & General
Topic: How has the 4% rule held up since the tech bubble and the 2008 crisis
Replies: 45
Views: 6895

Re: How has the 4% rule held up since the tech bubble and the 2008 crisis

I don't plan to die on the day I run out of money. I plan to work, and save, until nature takes away my capacity to do so or the market takes away the demand for my services. I cannot imagine having the capacity to be economically productive but deciding not to do so. That, to me, is the definition...
by M_to_the_G
Sun Aug 09, 2015 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Help evaluate! Federal Government employment vs. Private sector
Replies: 49
Views: 3310

Re: Help evaluate! Federal Government employment vs. Private sector

The Fed job will likely be 9-5ish with no expectation of having to work more than 40 hours a week - may not be so in the private sector. This could be better for work/life balance. On the other hand - when I worked in the Fed sector I got frustrated with the lack of drive in people on wanting to ge...
by M_to_the_G
Sun Aug 09, 2015 11:47 am
Forum: Personal Finance (Not Investing)
Topic: Got laid off last Friday
Replies: 53
Views: 8822

Re: Got laid off last Friday

Agree with other posters: 1) very commendable what you and your wife have managed to save, 2) your monthly expenses seem high, and 3) I wouldn't touch those retirement savings. Maybe try refinancing mortgage or sell house and downgrade, and reduce expenses. Don't touch retirement savings. A propos, ...
by M_to_the_G
Sun Jul 26, 2015 3:49 am
Forum: Personal Finance (Not Investing)
Topic: Bogle backfire?
Replies: 66
Views: 7887

Re: Bogle backfire?

No, I never have that feeling. Perhaps it's a personality trait or a function of my particular financial/market education. I watch sporting events all the time where I'm "certain" the (heavy) betting underdog will win. For any given such event, I could have put $100,000 on my winner and ca...
by M_to_the_G
Sun Jul 26, 2015 3:36 am
Forum: Investing - Help with Personal Investments
Topic: New Investor Seeking Guidance: in every aspect!!
Replies: 8
Views: 962

Re: New Investor Seeking Guidance: in every aspect!!

Very admirable what you are doing there, OP. I am especially impressed at the way your mortgage is under control with a date on the near horizon to polish it off. We’re the same age, although I am not married with kids yet, but I think I would have the same perspective as you regarding my children’s...
by M_to_the_G
Wed Jul 08, 2015 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: New AA [Asset Allocation]
Replies: 25
Views: 3897

Re: New AA [Asset Allocation]

Contributed $5,000 to my taxable:
$5,000 VTIAX

Updated (but not rebalanced) today.
by M_to_the_G
Wed Jun 24, 2015 2:25 am
Forum: Personal Finance (Not Investing)
Topic: Share your networth progression
Replies: 241
Views: 54202

Re: Share your networth progression

It is fun to look back at these posts. Below in red is what I posted a little over a year ago. I seem to be headed on the right track! 8/12/13 net worth = -$ (24,000) 5/13/14 net worth = $ 300 6/17/15 net worth = $ 49,350 My net worth just became positive a week ago...Hopefully in 10 years or so fr...
by M_to_the_G
Tue Jun 09, 2015 11:22 am
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 256
Views: 35797

Re: much ado about coasting (through life)

That said it is not an environment exclusive to climbing or even limited to physical pursuits. So if climbing is where you see the face of God, wonderful, just know many of us see it elsewhere and it is no less awe inspiring. absolutely correct. I would never say that it is the only way to find cha...
by M_to_the_G
Mon Jun 08, 2015 10:11 pm
Forum: Personal Consumer Issues
Topic: Any solo retired RVer's out there?
Replies: 90
Views: 12747

Re: Any solo retired RVer's out there?

One retirement dream for me would be to get a brand new Class B, maybe a Pleasure Way Ascent or Roadtrek Agile (both built on the Mercedes short Sprinter chassis, which is 19.5’ long), or the Roadtrek 170 (built on a Chevy van chassis, which is 18.7’ long). You can go practically anywhere in such a ...
by M_to_the_G
Mon Jun 08, 2015 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 256
Views: 35797

Re: much ado about coasting (through life)

With regard to these climbers, others have said it more delicately than I would have. Nevertheless, here I go: that quote is the height of egotism. " ...to survive a perilous situation is to love life more than the average person can imagine. " I would agree if, for example, your "per...
by M_to_the_G
Mon Jun 08, 2015 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 256
Views: 35797

Re: much ado about coasting (through life)

People say she was loved by all, always in a good mood, and always happy-go-lucky and smiling. Having heard similar stories about other long-lived humans, I'm convinced that a stree-free, happy life is the key. Maybe genetics to some degree, too. Researchers have looked into the factors that seem t...
by M_to_the_G
Mon Jun 08, 2015 11:55 am
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 256
Views: 35797

Re: much ado about coasting (through life)

None of the longest-lived humans ever said that constant physical and mental stimulation were responsible for their longevity. What they often cite is a general lack of stress. I count my great-grandmother in this group, who lived to 106 (and lived alone to 104, taking care of three dogs and eating...
by M_to_the_G
Mon Jun 08, 2015 11:13 am
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 256
Views: 35797

Re: much ado about coasting (through life)

None of the longest-lived humans ever said that constant physical and mental stimulation were responsible for their longevity. What they often cite is a general lack of stress. I count my great-grandmother in this group, who lived to 106 (and lived alone to 104, taking care of three dogs and eating ...
by M_to_the_G
Mon May 25, 2015 1:58 am
Forum: Investing - Help with Personal Investments
Topic: Do I really need International equities in my portfolio ?
Replies: 87
Views: 6995

Re: Do I really need International equities in my portfolio ?

I follow the advice of Jack Bogle, not that of the current Brahmins at Vanguard. You are already exposed to the international economy by holding U.S. stocks and yes, probably don't need it, per se. That said, there are reasons to invest internationally, as mentioned by above posters, and Bogle hims...
by M_to_the_G
Sun May 24, 2015 10:53 pm
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 256
Views: 35797

Re: much ado about coasting (through life)

Or use a road, or a library, or go to an emergency room. This post is hippie talk plain and simple. At the very least you need to find something you like and do it part time. Sitting on the couch for a lifetime isn't really doing anything for society. It's not hippie talk, it's early retirement. An...
by M_to_the_G
Sun May 24, 2015 10:40 pm
Forum: Investing - Help with Personal Investments
Topic: Do I really need International equities in my portfolio ?
Replies: 87
Views: 6995

Re: Do I really need International equities in my portfolio ?

I follow the advice of Jack Bogle, not that of the current Brahmins at Vanguard. You are already exposed to the international economy by holding U.S. stocks and yes, probably don't need it, per se. That said, there are reasons to invest internationally, as mentioned by above posters, and Bogle himse...
by M_to_the_G
Sun May 24, 2015 10:19 pm
Forum: Investing - Help with Personal Investments
Topic: Taking out a TSP loan to fund Roth IRA
Replies: 14
Views: 1152

Re: Taking out a TSP loan to fund Roth IRA

It's probably not a good idea to come up with a risky scheme to try to maximize accounts... if one simply doesn't have the money for it. A better solution might be to try budgeting to see where one can save a few more thousands of dollars that could be put toward a Roth IRA.
by M_to_the_G
Sun May 24, 2015 10:11 pm
Forum: Personal Consumer Issues
Topic: Any solo retired RVer's out there?
Replies: 90
Views: 12747

Re: Any solo retired RVer's out there?

I voraciously watch YouTube videos of people living the RV lifestyle (both older, traditional "retired" folks and younger folks doing it for the lifestyle). There is certainly something very appealing about a minimalist lifestyle in a small RV, such as: visiting friends and not being a bur...
by M_to_the_G
Sun May 24, 2015 9:23 pm
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 256
Views: 35797

Re: much ado about coasting (through life)

Or use a road, or a library, or go to an emergency room. This post is hippie talk plain and simple. At the very least you need to find something you like and do it part time. Sitting on the couch for a lifetime isn't really doing anything for society. It's not hippie talk, it's early retirement. An...
by M_to_the_G
Sun May 24, 2015 3:00 am
Forum: Personal Finance (Not Investing)
Topic: Career Advice: Follow "Passion" or Follow the Money?
Replies: 73
Views: 5003

Re: Career Advice: Follow "Passion" or Follow the Money?

Before I joined the Foreign Service, I was "recruited" by Booz Allen Hamilton for a management consultant job, I guess you could say. This was seven years ago. The truth is that I had no idea what it was about. I had met someone from Booz Allen at a social function, and we hit it off. All ...
by M_to_the_G
Fri May 22, 2015 11:15 pm
Forum: Investing - Theory, News & General
Topic: Any Good Investing Publications or Newsletters?
Replies: 13
Views: 1755

Re: Any Good Investing Publications or Newsletters?

I have no interest in "noise," except for entertainment purposes. My favorite is "Mad Money" with Jim Cramer. It is incredibly cynical, from the slick production values, to the clearly deliberate choice to have only "hometownsy" folks call in (whom viewers at home can i...
by M_to_the_G
Fri May 22, 2015 11:11 pm
Forum: Investing - Theory, News & General
Topic: Improving the TSP [for current participants]
Replies: 98
Views: 13134

Re: Improving the TSP [for current participants]

Frankly, the TSP is already too complex for most feds, sadly.
by M_to_the_G
Fri May 22, 2015 11:09 pm
Forum: Investing - Theory, News & General
Topic: What's so great about simplicity?
Replies: 118
Views: 10387

Re: What's so great about simplicity?

babington wrote:What's so great about simplicity?



Its elegance, of course.
by M_to_the_G
Fri May 22, 2015 10:59 pm
Forum: Personal Finance (Not Investing)
Topic: Not able to max out all the retirement accounts
Replies: 69
Views: 4932

Re: Not able to max out all the retirement accounts

"Behind" is relative. As others have said above, you shouldn't compare yourself to Bogleheads. There are some folks here who have ridiculously good situations: education paid for (by someone else), high income, early start in Boglehead-style investing (which they then followed through with...
by M_to_the_G
Fri May 22, 2015 10:45 pm
Forum: Personal Finance (Not Investing)
Topic: Career Advice: Follow "Passion" or Follow the Money?
Replies: 73
Views: 5003

Re: Career Advice: Follow "Passion" or Follow the Money?

I apologize for the length of this article, but I really hope to solicit the opinions of like-minded individuals on this board. My current dilemma if you will call it, is whether or not to follow the money or my "passion" in my career. First, a bit of a background. I have a PhD in physics...
by M_to_the_G
Fri May 22, 2015 10:37 pm
Forum: Personal Finance (Not Investing)
Topic: The end of the nest egg
Replies: 30
Views: 7871

Re: The end of the nest egg

This has been discussed at length in other threads recently. Taylor has opined, and many others have agreed, that one shouldn't give too much thought to concrete SWR's. "Spend less of the nest egg when times are lean, and spend more of it when times are fat" seems to be the mantra. The Tri...
by M_to_the_G
Fri May 22, 2015 10:30 pm
Forum: Personal Finance (Not Investing)
Topic: Friends/Family that don't invest!
Replies: 94
Views: 11579

Re: Friends/Family that don't invest!

No one in my family invests because they are poor and have the mindset of the poor, sadly. Oh, well... you don't pick 'em. I have two colleagues who come to mind, whose example might be of interest to this crowd. Both come by my office regularly to chat about finances. One reads every link I send hi...
by M_to_the_G
Fri May 22, 2015 9:54 pm
Forum: Personal Finance (Not Investing)
Topic: much ado about coasting (through life)
Replies: 256
Views: 35797

Re: much ado about coasting (through life)

Interesting perspective. What's wrong with coasting? Nothing. The thing that is wrong with coasting is when "coasting" is done out of fear, or out of a lack of self-confidence. I have met "that guy" many times -- playing it cool, pretending he just doesn't want to be "mercen...
by M_to_the_G
Fri May 22, 2015 9:18 pm
Forum: Personal Consumer Issues
Topic: Being an Uber driver
Replies: 15
Views: 3120

Re: Being an Uber driver

takethree wrote:http://citypaper.net/uberdriver/


Very good read. Well-written and enlightening. Thanks for linking.
by M_to_the_G
Wed May 20, 2015 5:58 pm
Forum: Personal Consumer Issues
Topic: How much can I spend on a car?
Replies: 157
Views: 10283

Re: How much can I spend on a car?

I'm not saying anything. I'm quoting the authors of "The Millionaire Next Door."
by M_to_the_G
Wed May 20, 2015 11:57 am
Forum: Personal Consumer Issues
Topic: How much can I spend on a car?
Replies: 157
Views: 10283

Re: How much can I spend on a car?

^ There are those of us weirdos who do enjoy a good negotiation. I spent the better part of a half day haggling over the price of my car and got all kinds of perks because of it. Free lunch, free oil changes, not to mention a couple hundred off here and a couple hundred off there, which resulted in...
by M_to_the_G
Tue May 19, 2015 8:45 am
Forum: Investing - Help with Personal Investments
Topic: Thrift Savings Plan and three-fund portfolio...
Replies: 22
Views: 1743

Re: Thrift Savings Plan and three-fund portfolio...

If you do decide to go with a G Fund heavy portfolio, just remember that the government can change the rules at any time. There has been some recent scuttlebutt that they may make the return of the G Fund more commensurate with the risk. So, while you should plan based on current rules, it is prude...
by M_to_the_G
Mon May 18, 2015 11:59 pm
Forum: Investing - Help with Personal Investments
Topic: Thrift Savings Plan and three-fund portfolio...
Replies: 22
Views: 1743

Re: Thrift Savings Plan and three-fund portfolio...

The TSP G fund is better than any bond fund Vanguard offers, either domestic or international. Comparing the G fund 10 year return of 3.19% to VBTLX at 4.72%. Every other Vanguard Index Bond fund that is 10 years old or older beats 3.19%. Why do you say the G fund is better? (Honest question) Well,...
by M_to_the_G
Sun May 17, 2015 6:12 pm
Forum: Personal Consumer Issues
Topic: How much can I spend on a car?
Replies: 157
Views: 10283

Re: How much can I spend on a car?

You didn't say that you wanted a luxury car to impress girls. Some other people here speculated, and others flat out recommended it. If you told us you were in an industry where you needed to "look the part," such as pharmaceutical sales, you'd probably get more sympathetic replies. Becaus...
by M_to_the_G
Sun May 17, 2015 2:48 pm
Forum: Personal Consumer Issues
Topic: How much can I spend on a car?
Replies: 157
Views: 10283

Re: How much can I spend on a car?

I’ll also throw in something to buffer the counterarguments already made in response to some of the views expressed in this thread: I wouldn’t advise that you buy a fancy car to impress a potential mate. Someone above said that an M4 is a babe magnet, and that girls walk up to him to talk to him be...

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