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Re: What % of your gross income do you spend on mortgage/ren

18.5%, which includes principal, interest, FHA MIP, insurance, taxes, HOA, and utilities.
by dsmil
Mon Feb 23, 2015 12:36 pm
 
Forum: Personal Finance (Not Investing)
Topic: What % of your gross income do you spend on mortgage/rent?
Replies: 155
Views: 8613

Re: Thoughts on replacing tires?

I trust my mechanic and a few months ago he told me that I'd have to get new tires soon. They had 50k miles on them and I planned on getting it done during my next oil change in 3 months. A few weeks later, one of them totally exploded on the highway but I made it to the side of the road safely. I j...
by dsmil
Fri Feb 20, 2015 10:40 pm
 
Forum: Personal Consumer Issues
Topic: Thoughts on replacing tires?
Replies: 60
Views: 3401

Re: Why don't I see more people arguing for a world portfoli

Modern portfolio theory was based on past performance and came up with a sweet spot for international investing that a lot of people hover around. If this sweetspot was more in line with the world allocation, I believe that more would go this route.
by dsmil
Fri Feb 20, 2015 1:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: Why don't I see more people arguing for a world portfolio?
Replies: 41
Views: 2814

Re: To all: How have you used your emergency fund?

Here is a related thread that I started in December for some more results https://www.bogleheads.org/forum/viewtopic.php?f=2&t=152808 We are working towards a 6 month emergency fund but I don't really know the right answer regarding if we've used it or not. We have a $500 random section in our m...
by dsmil
Tue Feb 17, 2015 8:31 pm
 
Forum: Personal Finance (Not Investing)
Topic: To all: How have you used your emergency fund?
Replies: 40
Views: 2848

Re: Wiki - For new investors: The Importance of Saving Early

This is why I'm always thinking about lowering my emergency funds from 6 months to something lower. I can't stand money just sitting there when it can be at work for another 40 years until retirement!
by dsmil
Wed Feb 11, 2015 10:19 pm
 
Forum: Investing - Theory, News & General
Topic: Wiki - For new investors: The Importance of Saving Early
Replies: 27
Views: 2355

Re: Loans vs. Investing

I like keeping our student loans around because it's money that my wife can't go shopping with! Seriousuly, an overlooked reason to invest rather than paying down loans is that when loans are paid down, and monthly cash flow improves, this extra cash flow is often used for spending, rather than savi...
by dsmil
Mon Feb 09, 2015 10:59 pm
 
Forum: Investing - Help with Personal Investments
Topic: Loans vs. Investing
Replies: 17
Views: 1760

Re: Thoughts on my aggressive asset allocation

Your asset allocation looks good to me. At your age and mindset of staying the course, I don't see anything wrong with avoiding bonds for a bit.
by dsmil
Thu Feb 05, 2015 10:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: Thoughts on my aggressive asset allocation
Replies: 10
Views: 1067

Re: Stock/Bond Ratio

Using a straight line model for bonds/stocks allocation is easy, but I don't think that it makes a lot of sense. I like using a curved model, as is usually used in the target retirement age funds.

http://www.mymoneyblog.com/what-percent ... tocks.html
by dsmil
Wed Feb 04, 2015 10:13 pm
 
Forum: Investing - Theory, News & General
Topic: Stock/Bond Ratio
Replies: 24
Views: 2244

What was your financial situation before having first child?

My wife and I are due to have our first child next month. I feel like I've been obsessing over money lately even though we're in decent shape financially. I'd like to see how you fellow Bogleheads we're doing before taking the jump into parenthood. Our situation is that we are in our mid-upper 20's,...
by dsmil
Tue Feb 03, 2015 11:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: What was your financial situation before having first child?
Replies: 34
Views: 2656

Re: Changing jobs and PTO

I was paid unused PTO a couple of years ago when I left my job in Maryland
by dsmil
Tue Feb 03, 2015 2:04 pm
 
Forum: Personal Consumer Issues
Topic: Changing jobs and PTO
Replies: 9
Views: 1158

Re: Poll: Do you contribute max to tax-advantaged before 529

It's amazes me that this many people max out all tax-advantaged accounts...Bogleheads are really the cream of the crop. Once student loans are gone, our plans for college are to throw an extra $1k per month into the 401k. During college we'll try to use cash flow as much as possible, along with borr...
by dsmil
Mon Feb 02, 2015 9:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: Poll: Do you contribute max to tax-advantaged before 529?
Replies: 38
Views: 2760

Re: 403b 457b Investing order

I haven't funded any of these yet, but plan on using the 457b over the 403b in the future. The 457b allows for distributions upon separation of employment, regardless of age. I believe that a governmental 457b is the way to go, while non-governmental 457b's have some disadvantages.
by dsmil
Fri Jan 30, 2015 2:27 pm
 
Forum: Personal Finance (Not Investing)
Topic: 403b 457b Investing order
Replies: 12
Views: 410

Re: How do I balance debt v. investing in my situation

I dont think a little debt hurts, especially if you are making payments and still have $2k left over every month.
by dsmil
Thu Jan 29, 2015 8:27 pm
 
Forum: Investing - Help with Personal Investments
Topic: How do I balance debt v. investing in my situation
Replies: 28
Views: 1915

Re: Your Minimum Annual Expenses

$46k for my wife and me (no kids yet)

$28k housing
$8k student loans
$1k other fixed expenses
$3k transportation
$6k food/other random items from grocery store
by dsmil
Thu Jan 29, 2015 3:14 pm
 
Forum: Personal Finance (Not Investing)
Topic: Your Minimum Annual Expenses
Replies: 37
Views: 3679

Re: Emergency funds

Ally Bank has some good options. .99% for the online savings account and 2% for the 5 year CD. The penalty on the 5 year CD is 150 days of interest, so opening a bunch of small balance CD's could be a good option.
by dsmil
Thu Jan 29, 2015 9:05 am
 
Forum: Investing - Help with Personal Investments
Topic: Emergency funds
Replies: 9
Views: 1056

Re: Choosing betwen funding emergency fund and Roth IRA

I agree with previous posters, enough said.
by dsmil
Wed Jan 28, 2015 10:33 am
 
Forum: Personal Finance (Not Investing)
Topic: Choosing betwen funding emergency fund and Roth IRA
Replies: 7
Views: 818

Re: Determining House Needs

I like the idea of buying a house that "could" work for you forever, even if you'd ideally want something larger down the line. That way you keep your options open depending on your future financial and family situation. I don't think I"d be able to get myself to spend money on a hous...
by dsmil
Mon Jan 26, 2015 11:09 pm
 
Forum: Personal Consumer Issues
Topic: Determining House Needs
Replies: 12
Views: 1486

Re: Salary to Home Value/Mortgage Ratio?

We were 1:3 when we bought 2 years ago, and are now at 1:2. I found that I wasted a lot of time with ratios before buying our house, when applying the housing costs to our budget was much more useful.
by dsmil
Sun Jan 25, 2015 11:00 pm
 
Forum: Personal Finance (Not Investing)
Topic: Salary to Home Value/Mortgage Ratio?
Replies: 50
Views: 5489

Re: Establishing Priorities - Work vs Life Balance

I've seen a lot of articles that state that on average, happiness increases until you make a certain amount of money (which you already do). After this, happiness stays the same. I'm not an expert but I tend to think that experiences and relationships are what drives long term happiness, while mater...
by dsmil
Thu Jan 22, 2015 11:52 am
 
Forum: Personal Consumer Issues
Topic: Establishing Priorities - Work vs Life Balance
Replies: 20
Views: 1909

Re: Childcare and Taxes

Deleted
by dsmil
Thu Jan 22, 2015 9:59 am
 
Forum: Personal Finance (Not Investing)
Topic: Childcare and Taxes
Replies: 7
Views: 710

Re: ROTH as a Emergency Fund Vehicle

I agree with the previous posters. If you aren't able to completely max your Roth with retirement money, than fill up the rest with emergency funds. My wife and I use this strategy since we're building our emergency fund and find ourselves a little short on maxing the Roth from retirement investment...
by dsmil
Sat Jan 17, 2015 11:44 pm
 
Forum: Investing - Help with Personal Investments
Topic: ROTH as a Emergency Fund Vehicle
Replies: 19
Views: 1978

Re: What Movie Have You Recently Watched?

Just got back from seeing American Sniper. It was a good movie, as expected, and I can't turn down a good war movie. I've never heard such a quiet crowd coming out of the theater.

I also finally watched The Godfather for the first time today, and will be watching The Godfather Part II tomorrow.
by dsmil
Sat Jan 17, 2015 11:31 pm
 
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 563
Views: 68780

Re: Help setting up college savings account

I just looked at the Virginia plan info and the fees are quite low and comparable to the Vanguard (Nevada) plan, so I'd definitely consider that route if I lived in VA because of the tax incentives. I'm a little envious as a Maryland resident, as their plan at T Rowe Price is pretty bad IMO from a ...
by dsmil
Wed Jan 14, 2015 10:09 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help setting up college savings account
Replies: 37
Views: 2568

Re: Help setting up college savings account

If you're already putting away enough of your income for retirement, why would you put more into the 401k that can't be used to pay for college? Here are three reasons: 1. One can generally borrow from 401(k) plans for any reason including college expenses. We borrowed from a 401(k) plan and put th...
by dsmil
Wed Jan 14, 2015 9:48 am
 
Forum: Investing - Help with Personal Investments
Topic: Help setting up college savings account
Replies: 37
Views: 2568

Re: Help setting up college savings account

Generally, a family should make maximum possible legal contributions to their retirement plans before contributing even one cent to a 529 plan. Can you explain the reasoning for this? I'm also thinking about starting a 529 plan but am considering other options. If you're already putting away enough...
by dsmil
Wed Jan 14, 2015 9:15 am
 
Forum: Investing - Help with Personal Investments
Topic: Help setting up college savings account
Replies: 37
Views: 2568

Re: Home downpayment/Roth IRA

I think that this would be a good idea, only if you were already contributing a good portion of your income towards retirement. As I read your post, 6% of your income is going towards retirement and any other savings would go towards a down payment. I think at least doubling that retirement savings ...
by dsmil
Mon Jan 12, 2015 11:53 am
 
Forum: Investing - Help with Personal Investments
Topic: Home downpayment/Roth IRA
Replies: 2
Views: 364

Re: Target Date Fund vs. 3 Fund Portfolio

I clicked "other" because I have a different allocation, but you can't go wrong with target date or 3 fund as well. 44% Total U.S. (VTSAX) 20% Total Int'l (VGTSX) 10% REIT (VGSIX) 10% Bonds (VBMFX) 9% Small Cap Value (VISVX) 7% Emerging (VEIEX) I got to 10% bonds by doing 115-Age in stocks...
by dsmil
Sat Jan 10, 2015 9:27 am
 
Forum: Investing - Help with Personal Investments
Topic: Target Date Fund vs. 3 Fund Portfolio
Replies: 42
Views: 3935

Re: Increase Investing or Pay Down Mortgage?

I think that investing 15% of your income is a nice goal. The best option would probably be to max out the Roth IRA ($5,500/yr) and put the rest into your Roth 401k. The interest rate on your mortgage is so low that I wouldn't even think about paying that off early. In addition, in the case of an em...
by dsmil
Thu Jan 08, 2015 10:59 pm
 
Forum: Personal Finance (Not Investing)
Topic: Increase Investing or Pay Down Mortgage?
Replies: 16
Views: 2047

Re: What is the best product to clean golf clubs?

Another good tip is to wet the bottom half of your towel before the round. Then you can wipe the club with the bottom half and dry it with the top half.
by dsmil
Wed Jan 07, 2015 11:26 am
 
Forum: Personal Consumer Issues
Topic: What is the best product to clean golf clubs?
Replies: 14
Views: 1050

Re: What is the best product to clean golf clubs?

I know that a lot of people live by the club cleaner that Frogger makes (http://www.froggergolf.com/brushpro-seo/). I personally use a brush like this during rounds, and use wet towel with dish soap to clean both the heads and grips after every other round or so. Cleaning the grips definitely keeps ...
by dsmil
Wed Jan 07, 2015 9:29 am
 
Forum: Personal Consumer Issues
Topic: What is the best product to clean golf clubs?
Replies: 14
Views: 1050

Re: How Many Credit Cards do you have?

3 that I use actively: Chase Sapphire Preferred - Main Card - The best part of this card is that the points earned can be transferred to other programs (my favorite is Hyatt) Chase Freedom - Use for the 5% rotating categories and combine points with those earned with Sapphire Preferred BankAmericard...
by dsmil
Tue Jan 06, 2015 9:16 pm
 
Forum: Personal Finance (Not Investing)
Topic: How Many Credit Cards do you have?
Replies: 100
Views: 43080

Re: How do you calculate your savings rate?

I include all of the obvious savings plus principal payments on the mortgage and my wife's contributions to her teacher's pension. Of course the pension may not work the way we'd like it to in 30-40 years, but it's still money that we're putting away. For our Roth contributions, I also multiply the ...
by dsmil
Tue Jan 06, 2015 9:53 am
 
Forum: Personal Finance (Not Investing)
Topic: How do you calculate your savings rate?
Replies: 44
Views: 3984

Re: What to do with my Vanguard Roth IRA?

Good information regarding investing and asset allocation

http://www.mymoneyblog.com/my-money-blo ... o-money#aa
by dsmil
Tue Jan 06, 2015 8:58 am
 
Forum: Investing - Help with Personal Investments
Topic: What to do with my Vanguard Roth IRA?
Replies: 12
Views: 1094

Re: What to do with my Vanguard Roth IRA?

Welcome to the club! I only have 3 years on you but I can say that you'll learn a lot by using this site, as well as reading books like A Random Walk Down Wall Street and A Bogleheads Guide to Investing. After you receive your company match, you definitely want to keep pouring in $5,500 per month i...
by dsmil
Mon Jan 05, 2015 11:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: What to do with my Vanguard Roth IRA?
Replies: 12
Views: 1094

Re: What do you drive, and why?

1997 Acura Integra because it's the only car I've ever owned and it runs great. It will be funny in March when I'm driving my newborn around in my high school car.
by dsmil
Mon Jan 05, 2015 11:11 pm
 
Forum: Personal Consumer Issues
Topic: What do you drive, and why?
Replies: 205
Views: 17740

Re: What to do with my Vanguard Roth IRA?

Welcome to the club! I only have 3 years on you but I can say that you'll learn a lot by using this site, as well as reading books like A Random Walk Down Wall Street and A Bogleheads Guide to Investing. After you receive your company match, you definitely want to keep pouring in $5,500 per year int...
by dsmil
Mon Jan 05, 2015 11:02 pm
 
Forum: Investing - Help with Personal Investments
Topic: What to do with my Vanguard Roth IRA?
Replies: 12
Views: 1094

Re: Best albums from 2014?

"Growing In" by I Can Make a Mess

I will be presently surprised if any Bogleheads have heard this album
by dsmil
Wed Dec 31, 2014 11:29 pm
 
Forum: Personal Consumer Issues
Topic: Best albums from 2014?
Replies: 63
Views: 5573

Re: Where I was in March vs. Where I am now.

Great job, keep it up!
by dsmil
Tue Dec 30, 2014 9:50 am
 
Forum: Personal Finance (Not Investing)
Topic: Where I was in March vs. Where I am now.
Replies: 4
Views: 860

Re: Do you usually order beverage at restaurants?

I usually order water, but if the restaurant has some good craft brews than I'll often order one.
by dsmil
Mon Dec 29, 2014 8:17 am
 
Forum: Personal Consumer Issues
Topic: Do you usually order (not-free) beverage at restaurants?
Replies: 89
Views: 7679

Re: Have you ever hoped for a correction?

If I were selfish, I would want the market to tank because I'm in my 20's and don't have as much skin in the game as I will later in life. Luckily, I'm a good son and wouldn't wish that on my parents who would like to retire one day :D
by dsmil
Wed Dec 24, 2014 9:04 am
 
Forum: Investing - Theory, News & General
Topic: Have you ever hoped for a correction?
Replies: 52
Views: 3615

Re: What Movie Have You Recently Watched?

"Rain Man" with Dustin Hoffman and Tom Cruise. Amazing acting by Hoffman, great movie!
by dsmil
Tue Dec 23, 2014 10:32 am
 
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 563
Views: 68780

Re: What are your 2015 Financial Goals?

1) Stay employed
2) Wife take leave from teaching job when first child is born in March, and return in August as a part-time teacher
3) Max out his and her Roth IRA's
4) Buy term life insurance
5) Grow emergency fund from 5 to 6 months by staying on budget
by dsmil
Mon Dec 22, 2014 10:31 am
 
Forum: Personal Finance (Not Investing)
Topic: What are your 2015 Financial Goals?
Replies: 102
Views: 8308

Re: Camcorder vs. iPhone vs. DSLR Camera

Just an update:

I decided to go with a Canon Vixia HF R500 camcorder. I was able to get the camcorder, 16 and 32 gb memory cards, a camera bag, and tripod for $250. This will be good for taking longer videos, and my wife and I should both be upgrading to iPhone 6's soon for short videos and photos.
by dsmil
Fri Dec 19, 2014 11:57 am
 
Forum: Personal Consumer Issues
Topic: Camcorder vs. iPhone vs. DSLR Camera
Replies: 39
Views: 2635

Re: Total Market fund for Developed countries only

I currently split developed and emerging with VDVIX and VEIEX. Canada is missing but I don't think that would have a material effect on anything.
by dsmil
Thu Dec 18, 2014 9:54 am
 
Forum: Investing - Theory, News & General
Topic: Total Market fund for Developed countries only
Replies: 17
Views: 1473

Re: What Book Are You Currently Reading? Part VI

"Enough" by John Bogle!
by dsmil
Wed Dec 17, 2014 10:42 pm
 
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part VI
Replies: 503
Views: 67567

Re: Camcorder vs. iPhone vs. DSLR Camera

I have the normal sized iphone 6 with 128 gigabytes of storage... It takes care of 98% of our photo and imaging needs. Getting a 128GB phone is definitely one way for me to go, because I won't have to worry about storage size anymore. With my current 16GB phone, I have only 4GB free which would onl...
by dsmil
Wed Dec 17, 2014 4:06 pm
 
Forum: Personal Consumer Issues
Topic: Camcorder vs. iPhone vs. DSLR Camera
Replies: 39
Views: 2635

Re: Camcorder vs. iPhone vs. DSLR Camera

surfstar wrote:Don't forget to put down the iphone/camcorder and actually be in the scene!


I can only imagine how bad it is these days with the phones in the air. Front row seats must be necessary in order to see anything.
by dsmil
Tue Dec 16, 2014 3:35 pm
 
Forum: Personal Consumer Issues
Topic: Camcorder vs. iPhone vs. DSLR Camera
Replies: 39
Views: 2635

Re: Camcorder vs. iPhone vs. DSLR Camera

I definitely think that most of the pictures will be taken on my iPhone. But it seems like using the iPhone for any videos longer than a few minutes will basically take up all of the memory in the phone. Then I'll be constantly taking videos off of the phone and finding a place to store them.
by dsmil
Tue Dec 16, 2014 2:29 pm
 
Forum: Personal Consumer Issues
Topic: Camcorder vs. iPhone vs. DSLR Camera
Replies: 39
Views: 2635

Camcorder vs. iPhone vs. DSLR Camera

Hello Bogleheads, Does anyone have strong opinions on having a camcorder, DSLR camera, or iphone? Our first child is on the way and as my dad did for me, I'd like to have a nice collection of home videos and pictures. My wife and I currently use iPhones (I'll be upgrading to the 6 soon) and have a v...
by dsmil
Tue Dec 16, 2014 1:14 pm
 
Forum: Personal Consumer Issues
Topic: Camcorder vs. iPhone vs. DSLR Camera
Replies: 39
Views: 2635

Re: (Poll) Did you tap into emergency fund in the past 10 ye

mhc wrote: For example, I bailed a friend out of jail one night. I think it was $300. I don't know if that was an emergency for me. I know it was for him.
Great story. You don't see enough jail experiences popping up on this message board.
by dsmil
Thu Dec 11, 2014 3:54 pm
 
Forum: Personal Finance (Not Investing)
Topic: (Poll) Did you tap into emergency fund in the past 10 years?
Replies: 64
Views: 5860
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