Search found 205 matches

Return to advanced search

Re: List of Worst financial advice (what not to do):

"land. theyre not making any more of it."
by Mill
Tue Jul 08, 2014 11:02 pm
 
Forum: Personal Finance (Not Investing)
Topic: List of Worst financial advice (what not to do):
Replies: 144
Views: 16249

Re: Buried in Student Loans

So what does the wife do for work now? Im concerned that she may be unemployed/underemployed. If she can raise up the income you'll be able to attack that debt better. Sadly, I fear this may not be possible. No offense, but Id be a little bit angry at my wife about this whole thing if I were you, bu...
by Mill
Sat Jan 18, 2014 1:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Buried in Student Loans
Replies: 22
Views: 3450

Re: Dental x- ray

I second a previous posters advice about relationship with your dentist. If you like him/her, Id just go ahead and pay it. You have to pick your battles. If you fight it, you could end up costing yourself more than $30 in PITA dealings with finding another friendly, convenient, competent dentist. Go...
by Mill
Thu Jan 09, 2014 2:09 am
 
Forum: Personal Finance (Not Investing)
Topic: Dental x- ray [Insurance coverage]
Replies: 49
Views: 2501

Re: when you reach"your number"

Id keep working until I felt my job situation isn't worth it anymore. Kind of vague, but then again its that whole principle behind FIRE.
by Mill
Thu Jan 09, 2014 2:03 am
 
Forum: Investing - Theory, News & General
Topic: when you reach"your number"
Replies: 84
Views: 9103

Re: Dental x- ray

Johm221122 wrote:Went to dentist for teeth cleaning and they did x-ray for second time this year Insurance only covers once.I have no dental problems and according to Web MD it should be done every 12 to 18 months.They were aware of insurance limit and made mistake.Should I pay?
John


How much was the charge anyway?
by Mill
Thu Jan 09, 2014 1:44 am
 
Forum: Personal Finance (Not Investing)
Topic: Dental x- ray [Insurance coverage]
Replies: 49
Views: 2501

Re: 401k.fidelity.com sucks

:twisted: sounds like the greatest trick the devil ever pulled. :twisted:
by Mill
Thu Jan 09, 2014 1:42 am
 
Forum: Personal Consumer Issues
Topic: 401k.fidelity.com sucks
Replies: 13
Views: 1301

Re: Dental exray

Coincidentally, I also had a cleaning today. The hygienist did an x-ray, did the cleaning, scraped some hard-build up, and gave me a fluoride treatment. Total cost out-of-pocket was $24. I have reasonable insurance and haven't had a cleaning since 2010. I thought about it while paying, that I didn't...
by Mill
Thu Jan 09, 2014 12:36 am
 
Forum: Personal Finance (Not Investing)
Topic: Dental x- ray [Insurance coverage]
Replies: 49
Views: 2501

Re: What was your most memorable experience in 2013?

I moved (back home) from a very lucrative job situation to something more challenging, near family and friends. Had to take a significant paycut, but it seems to be the right move. Weather or not it works out, Im sure Ill remember it as life-changing.
by Mill
Thu Jan 02, 2014 1:23 am
 
Forum: Personal Consumer Issues
Topic: What was your most memorable experience in 2013?
Replies: 5
Views: 376

Re: Please review my retirement plan, any advice is welcome

Looks good, keep up the good work. Maybe consider beefing up the emergency fund...but then again, maybe not even necessary. Your job seems stable, 7 years to retirement more or less and you seem to have a good plan, afaik. Not an entrepreneur, but it seems like smooth sailing for you, so just make s...
by Mill
Thu Jan 02, 2014 1:15 am
 
Forum: Investing - Help with Personal Investments
Topic: Please review my retirement plan, any advice is welcome
Replies: 11
Views: 1145

Re: The Bogleheads Investment Philosophy

I get a 10 :sharebeer

Best wishes and Happy New Year Taylor.
by Mill
Wed Jan 01, 2014 5:56 pm
 
Forum: Investing - Theory, News & General
Topic: The Bogleheads Investment Philosophy
Replies: 7
Views: 603

Re: Do you ever feel you are being too frugal?

If you have to ask, you probably are.

If your relationships are suffering, you probably are.
by Mill
Mon Dec 30, 2013 1:16 am
 
Forum: Personal Finance (Not Investing)
Topic: Do you ever feel you are being too frugal?
Replies: 65
Views: 5254

Re: A monkey could have made money in 2013

Expense ratios would be nice. I think your biggest concern is the size of your emergency fund. You should really beef that up asap. Then when you cash out the options, you can use the proceeds to help you out even further there. Have you used FIREcalc? Im concerned that you might not be not saving e...
by Mill
Mon Dec 30, 2013 12:17 am
 
Forum: Investing - Help with Personal Investments
Topic: A monkey could have made money in 2013
Replies: 14
Views: 2629

Re: Frugal suit purchase options--need, but don't want

Im like the OP and rarely dress up. I despise it. I was dating a woman who INSISTED that every man should own a suit, so one of our dates was to Kohls to go suit shopping. I found reasonable matches, and with the Kohls card and a couple coupons, I got everything (shirt, pants, sportcoat, belt and ti...
by Mill
Sun Dec 29, 2013 10:09 pm
 
Forum: Personal Consumer Issues
Topic: Frugal suit purchase options--need, but don't want
Replies: 52
Views: 4803

Re: Opinion needed on housing change. Is this nuts?

I think it sounds cool and I wish you the best of luck. Be sure to update this thread in a couple years to talk about the whole experience.
by Mill
Sun Dec 29, 2013 9:49 pm
 
Forum: Personal Finance (Not Investing)
Topic: Opinion needed on housing change. Is this nuts?
Replies: 15
Views: 1259

Re: Need advice on simplifying portfolio

Alright. Ill give it a try... If the goal is to simplify, then I would suggest you call Vanguard, speak with a rep tell them everything you have and ask what they will accept. They will walk you through it and do the work for you. Before you do this, research the 3-fund portfolio and make sure you b...
by Mill
Sun Dec 29, 2013 5:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: Need advice on simplifying portfolio
Replies: 4
Views: 362

Re: Newly weds needing advice: 1st home and additional goals

welcome to Bogleheads. Mortgages and loans are not my expertise, but Ill give you some generic advice. 1. Bogleheads don't try to prognosticate market movements (and that includes direction of mortgage rates). 2. Not sure I understand the question, but as far as I know, car loans (assuming you have ...
by Mill
Sun Dec 29, 2013 5:06 pm
 
Forum: Personal Finance (Not Investing)
Topic: Newly weds needing advice: 1st home and additional goals
Replies: 6
Views: 720

Re: Buy VS Rent as a factor in Asset Allocation

I think youre over emphasizing the significance of buy vs rent when considering your AA. Just pick an AA that works for you now, and rebalance if and when your situation changes. I personally rent, and I don't expect to own in the future. Therefore I own some REITs to expose me to real estate. If I ...
by Mill
Sat Dec 28, 2013 3:48 pm
 
Forum: Investing - Theory, News & General
Topic: Buy VS Rent as a factor in Asset Allocation
Replies: 26
Views: 1483

Re: Cash in Your Wallet

At the moment I only carry 1 credit card. Its a Discover so there are some merchants that don't accept it. Therefore I have to keep some cash on me at all times. Its usually about $300.
by Mill
Sat Dec 28, 2013 3:34 pm
 
Forum: Personal Consumer Issues
Topic: Cash in Your Wallet
Replies: 93
Views: 4340

Re: Will Bogleheads become the richest families on Earth?

No, Bogleheads preach diversification, and diversification generally prevents the accumulation of crazy amounts of wealth. For instance, if Bill Gates was a Boglehead, he would have sold massive amounts of Microsoft stock early on in order to balance out his portfolio as the value of the stock rose...
by Mill
Fri Dec 27, 2013 2:09 am
 
Forum: Investing - Theory, News & General
Topic: Will Bogleheads become the richest families on Earth?
Replies: 18
Views: 1588

Re: Will Bogleheads become the richest families on Earth?

No.

Long run does not imply 250 years. Plus, you cant prove that the Boglehead way beats the non-Boglehead way by 2% annually as shown in these 2 scenerios.
by Mill
Fri Dec 27, 2013 1:44 am
 
Forum: Investing - Theory, News & General
Topic: Will Bogleheads become the richest families on Earth?
Replies: 18
Views: 1588

Re: Used Books

give them to your local library. You would think that's a good idea, but I went through a move recently and dropped off a box of books I don't read anymore to a library in rural Arkansas where unsupervised kids hang out and play on the internet. The librarian thanked me and said theyd be a great add...
by Mill
Thu Dec 26, 2013 11:12 pm
 
Forum: Personal Consumer Issues
Topic: Used Books
Replies: 30
Views: 2070

Re: 2014 Boglehead Predictions Thread

China will experience a real estate bubble burst like we did in 2008.
by Mill
Thu Dec 26, 2013 11:09 pm
 
Forum: Investing - Theory, News & General
Topic: 2014 Boglehead Predictions Thread
Replies: 57
Views: 5204

Re: What you wish you had known entering your late 20's

dmcmahon wrote:I'd tell myself "find a wife before it's too late".


definitely!
by Mill
Thu Dec 26, 2013 11:03 pm
 
Forum: Personal Finance (Not Investing)
Topic: What you wish you had known entering your late 20's
Replies: 100
Views: 10102

Re: Its Hard Being A Boglehead!!

I try to follow Billy Madisons advice to his father...

"Don't think about it. Just hand it over."
by Mill
Thu Dec 26, 2013 9:26 pm
 
Forum: Investing - Theory, News & General
Topic: Its Hard Being A Boglehead!!
Replies: 62
Views: 4744

Re: New job. No access to 401(K) for 12 months!

OP here. Thanks for all the responses. Consensus seems to be to go ahead and buy the discounted company stock, (assuming no fees/commissions/other unforeseen drawbacks) and not worry about the 401(K). I am new to the company, its early in my career and I don't want to make waves at this point. Speci...
by Mill
Thu Dec 26, 2013 8:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: New job. No access to 401(K) for 12 months!
Replies: 11
Views: 811

New job. No access to 401(K) for 12 months!

I am starting a new job as a lower-level manager with a medium sized employee-owned company. All employees are allowed to buy company stock (taxable) at a 15% discount. Employees may then sell after 1 year. This sounds like a pretty good deal to me, so I am thinking about maximizing this opportunity...
by Mill
Thu Dec 26, 2013 1:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: New job. No access to 401(K) for 12 months!
Replies: 11
Views: 811

Re: Have Index Funds Become Too Popular?

sorry, double post.
by Mill
Sun Dec 15, 2013 2:05 am
 
Forum: Investing - Theory, News & General
Topic: Have Index Funds Become Too Popular?
Replies: 35
Views: 3711

Re: Have Index Funds Become Too Popular?

Im not worried about it. Active managers are basically salespeople. Or they have salespeople working for them. Throughout history (and for the foreseeable future) there are always people who like to be wooed. And you have to admit the active managers have a pretty good sales pitch..."Cmon bro, ...
by Mill
Sun Dec 15, 2013 2:05 am
 
Forum: Investing - Theory, News & General
Topic: Have Index Funds Become Too Popular?
Replies: 35
Views: 3711

Re: POLL: How much time do you spend on this forum?

I actually voted less than one hour because on average (since I found this place) its correct. Recently its been more like 1 to 2 hours per day. I think its because you learn as you go. When I first signed up, I was very intimidated by the posters here. One of my favorite expressions is that Boglehe...
by Mill
Sun Dec 15, 2013 1:56 am
 
Forum: Personal Consumer Issues
Topic: POLL: How much time do you spend on this forum?
Replies: 12
Views: 1058

Re: Job questions please help!!

This has been quite a journey for you so far. Congrats on having it work out and the experience will do you a world of good. Its getting to the point where canned generic advice wont help you much, and youre going to have to start relying on your own perceptions/intuition/experience. I can tell you ...
by Mill
Sun Dec 15, 2013 1:43 am
 
Forum: Personal Finance (Not Investing)
Topic: Job questions please help!!
Replies: 20
Views: 1508

Re: Christmas gift for boss

jackholloway wrote:
Do you also put in an array of pins to represent his incisive wisdom and rapier wit?


No, that would just be weird.
by Mill
Sat Dec 14, 2013 9:13 pm
 
Forum: Personal Consumer Issues
Topic: Christmas gift for boss
Replies: 34
Views: 2784

Re: Christmas gift for boss

I suggest a very expensive, awkwardly personal gift. Let us know the reaction back here. This is actually the best advice so far. Each year I create for my boss a hand crafted sculpture or doll in his image. Handmade, coming from the heart is preferable of course, and therefore it doesn't necessari...
by Mill
Sat Dec 14, 2013 3:02 am
 
Forum: Personal Consumer Issues
Topic: Christmas gift for boss
Replies: 34
Views: 2784

Re: Job questions please help!!

several rounds of interviews are nothing new in the corporate world, and I wouldnt see it as troubling. FWIW, yahoo did an article about the most painful companies to interview for. (Im sure it can be found with a quick search). Some companies on the list made their candidates go through as many as ...
by Mill
Wed Dec 11, 2013 1:35 pm
 
Forum: Personal Finance (Not Investing)
Topic: Job questions please help!!
Replies: 20
Views: 1508

Re: Any way to protect parent from themselves?

You would need power of attorney, and youre unlikely to get it being that your mom seems competent to handle her own money. It is after all her money, she can do what she wants with it. I think the real problem here is your sister. Is there any way you can introduce her to a young man who she can le...
by Mill
Sun Dec 08, 2013 11:51 am
 
Forum: Personal Finance (Not Investing)
Topic: Any way to protect parent from themselves?
Replies: 9
Views: 1198

Re: Extreme Cheapskates

I did see one semi-reasonable person on the show. He was married and I believe he retired early. They had what looked to be a pretty nice house and he biked everywhere instead of driving. (No, he was not Mr. Money Mustache) :) They had a weekly spending fast a few times a year. The only weird thing...
by Mill
Sat Dec 07, 2013 11:45 pm
 
Forum: Personal Consumer Issues
Topic: Extreme Cheapskates
Replies: 25
Views: 3356

Re: Extreme Cheapskates

Penny-wise and pound-foolish for sure. Every episode (except one) shows the cheapskates driving around town in their cars searching for dumpsters and roadkill and other moronic things. Some of the cheapskates are even petty criminals. One guy asked for every sample of ice cream flavor in a store, th...
by Mill
Fri Dec 06, 2013 4:03 pm
 
Forum: Personal Consumer Issues
Topic: Extreme Cheapskates
Replies: 25
Views: 3356

Re: Newly Married - Newbie Looking at Both of Our Investment

You and your wife are going to have to work together on this, but it can be pretty simple. 1. I would allocate 100% of your 401(k) to Prudential Stock Index Fund Class Z (PSIFX) (0.25%). Its the only reasonable option in there. 2. Your wife has 2 very good options in her 401(k). I would definitely c...
by Mill
Fri Dec 06, 2013 2:04 am
 
Forum: Investing - Help with Personal Investments
Topic: Newly Married - Newbie Looking at Both of Our Investments
Replies: 17
Views: 1645

Re: Comfort food

Chipotle
by Mill
Tue Dec 03, 2013 10:16 pm
 
Forum: Personal Consumer Issues
Topic: Comfort food
Replies: 68
Views: 3990

Re: When do you stop worrying about saving?

I have set an arbitrary net worth goal and once I reach that, I will probably relax and loosen up on the savings habit. Dont be so sure about that. I told myself Id loosen up the pursestrings a bit after I hit my first major milestone. If anything saving has become such a habit that its gotten much...
by Mill
Tue Nov 26, 2013 11:35 am
 
Forum: Personal Finance (Not Investing)
Topic: When do you stop worrying about saving?
Replies: 52
Views: 5709

Re: When do you stop worrying about saving?

OP, you are 32 years old with a net worth of 1.7 million, which is 7x greater than your combined wage income, and youre worried about saving money? You are obviously very successful, so think of it like this. You dont even need that 1.7 million. You have already proven you can live without it, and w...
by Mill
Tue Nov 26, 2013 11:17 am
 
Forum: Personal Finance (Not Investing)
Topic: When do you stop worrying about saving?
Replies: 52
Views: 5709

Re: how much more expensive is a bigger home?

ryuns wrote:If ever there was a defining "first world problem", I believe I've found it in the statement: "I takes too long to walk to the other side of house". :D


Only on Bogleheads.
by Mill
Thu Nov 21, 2013 1:52 am
 
Forum: Personal Consumer Issues
Topic: how much more expensive is a bigger home?
Replies: 68
Views: 5027

Re: Help with wife's 401K funds

We need more info on desired asset allocation. But...

Vanguard Total Bond Index Inv VBMFX 0.20% is a good option for her 401(k). Then when she opens a Roth IRA, invest in a stock index fund.
by Mill
Wed Nov 20, 2013 6:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with wife's 401K funds
Replies: 7
Views: 529

Re: Advice needed - long term taxable?

Sounds like a perfect scenerio for a Roth IRA contribution. His $5000 2013 Hers (spousal) $5000 2013 Then in January... His $5000 2014 Hers (spousal) $5000 2014 You can always take out the contribution tax-free and penalty free, and since you have mentally earmarked it for retirement it will be in a...
by Mill
Wed Nov 20, 2013 10:35 am
 
Forum: Investing - Help with Personal Investments
Topic: Advice needed - long term taxable?
Replies: 11
Views: 769

Re: Stupid Things Finance People Say

I like the one about a mortgage being "renting money from a bank."
by Mill
Wed Nov 20, 2013 10:31 am
 
Forum: Personal Finance (Not Investing)
Topic: Stupid Things Finance People Say
Replies: 27
Views: 2743

Re: Student Loan and Roth Advice

Welcome to Bogleheads. Roth contributions can be withdrawn at any time without being subjected to any taxes or penalties. I don't have a link, but Im sure a google search can confirm that. Before you consider this, I would recommend that you wait for a genuine emergency before withdrawing Roth IRA c...
by Mill
Mon Nov 18, 2013 11:23 pm
 
Forum: Personal Finance (Not Investing)
Topic: Student Loan and Roth Advice
Replies: 7
Views: 809

Re: Advice: Should I invest when Stocks are at all time high

It depends on your desired asset allocation.
by Mill
Mon Nov 18, 2013 11:13 pm
 
Forum: Investing - Help with Personal Investments
Topic: Advice: Should I invest when Stocks are at all time high
Replies: 30
Views: 3140

Re: 401 k confusion

Don't let it overwhelm you. You CAN do this. Start by reading the wiki.
by Mill
Sun Nov 17, 2013 11:52 pm
 
Forum: Investing - Help with Personal Investments
Topic: 401 k confusion
Replies: 12
Views: 1557

Re: Portfolio review request - Off to a good start?

To answer the question, yes you are on the right track. With a baby on the way, get that emergency fund beefed up asap. One thing I noticed is that you want 10% REITs in your aa. You do own a condo, so I don't see other forms of real estate as a necessary inclusion in your portfolio (at this point).
by Mill
Sun Nov 17, 2013 11:50 pm
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio review request - Off to a good start?
Replies: 2
Views: 474
Next

Return to advanced search