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Re: Bogleheads, anyone doing "Black Friday"

I found a deal on a TV earlier in the month that I couldn't pass up, and I've yet to see a Black Friday deal that is better, other than a stand on line during Thanksgiving doorbuster.
by dsmil
Mon Nov 24, 2014 9:23 am
 
Forum: Personal Consumer Issues
Topic: Bogleheads, any "Black Friday" [recommendations]
Replies: 57
Views: 3754

Re: Buying index mutual funds and holding ETF's strategy

This would save you at most $12/year, minus the ETF spread and 2+ days out of the market when you have enough for Admiral shares and want to get off the conversion bandwagon. Granted, conversion is a quick phone call, but I'd be too lazy and a little embarassed to make multiple phone calls a year t...
by dsmil
Fri Nov 07, 2014 3:32 pm
 
Forum: Investing - Theory, News & General
Topic: Buying index mutual funds and holding ETF's strategy
Replies: 7
Views: 550

Re: Buying index mutual funds and holding ETF's strategy

You aspire to owning Admiral shares and should get there quickly. I own lots of ETFs and have nothing against them. Have you tried one of them yet? I do have VTSAX in a Traditional IRA but my monthly investments are currently all directed into ETF's held in a Roth with balances under the Admiral re...
by dsmil
Fri Nov 07, 2014 2:56 pm
 
Forum: Investing - Theory, News & General
Topic: Buying index mutual funds and holding ETF's strategy
Replies: 7
Views: 550

Re: Buying index mutual funds and holding ETF's strategy

It doesn't make sense since the expense ratios for Vanguard index funds is the same as the expense ratio for Vanguard ETFs. That is, if you use the Admiral share class of the index fund. This assumes that we're talking about Vanguard ETF's and funds,IRA's (no tax differences), with balances under t...
by dsmil
Fri Nov 07, 2014 2:43 pm
 
Forum: Investing - Theory, News & General
Topic: Buying index mutual funds and holding ETF's strategy
Replies: 7
Views: 550

Buying index mutual funds and holding ETF's strategy

Has anyone tried a strategy where you do monthly dollar cost averaging into index funds (ex: VTSMX) and then convert these shares into ETF's (ex: VTI) during rebalancing or at another regular interval? Keeping in mind that some money must be left in the index fund to keep it open. Because expense ra...
by dsmil
Fri Nov 07, 2014 2:28 pm
 
Forum: Investing - Theory, News & General
Topic: Buying index mutual funds and holding ETF's strategy
Replies: 7
Views: 550

Re: How often do you change your car's oil?

I get it changed every 6 months which is in line with the 7,500 mile interval that my manual recommends for my '97 Acura Integra.

My wife has a '01 Toyota Rav 4 with 155k miles and until recently, she used to go at least 20k miles without changing it and her car has never had any problems.
by dsmil
Mon Oct 27, 2014 12:38 pm
 
Forum: Personal Consumer Issues
Topic: How often do you change your car's oil?
Replies: 168
Views: 11121

Re: Costa Rica

Here are some links to some of the things that we enjoyed. The tubing down the rapids was our favorite but you'll need to be a little adventurous! We stayed at Recreo which is villa style, so perfect for a family. It's a little off the beaten path though, so getting to your daily excursions takes aw...
by dsmil
Wed Jul 16, 2014 12:27 pm
 
Forum: Personal Consumer Issues
Topic: Costa Rica
Replies: 11
Views: 1805

Re: How many Bogleheads golf?

I love golf and usually play 20-30 times per year. I keep it cheap by avoiding primetime on weekends and playing at the cheapest courses in my area. I also always sell my old clubs and buy used ones.
by dsmil
Mon Jul 14, 2014 9:58 am
 
Forum: Personal Consumer Issues
Topic: How many Bogleheads golf?
Replies: 81
Views: 4678

Re: Does the principal payment on a mortgage even matter?

Not everyone is a boglehead though, and some are worse off with greater liquidity. Agreed, we didn't do a typical Boglehead move when going with an FHA loan with 3.5% down in the fall of 2012, but it has worked out well for us with the rising interest rates and prices. Sometimes I wish that we spre...
by dsmil
Wed Jun 11, 2014 2:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: Does the principal payment on a mortgage even matter?
Replies: 15
Views: 2317

Does the principal payment on a mortgage even matter?

Do we worry too much about the principal portion of our mortgage payment when calculating affordability? As long as our monthly cash flow is fine, should this even matter? A house isn't a depreciating asset, so in theory we should get back any principal that we pay (either at sale or through net wor...
by dsmil
Tue Jun 10, 2014 10:29 am
 
Forum: Personal Finance (Not Investing)
Topic: Does the principal payment on a mortgage even matter?
Replies: 15
Views: 2317

Re: Emergency Fund Revisited

Are emergency funds like a useless middle man? Does a credit card eliminate some of the need for a liquid emergency fund? If an emergency happens and we have to deplete half of our emergency fund, don't most people use investments to replenish the emergency fund anyway? Either by directly withdrawin...
by dsmil
Tue May 20, 2014 10:06 am
 
Forum: Personal Finance (Not Investing)
Topic: Emergency Fund Revisited
Replies: 24
Views: 1887

Re: Is it ever okay to use IRA to pay off student loan?

Assuming that you are young and don't have a full emergency fund, I'd keep the the money in the Roth if I were you. I'd rather have $8k in a Roth and $8k in good debt, than $0 in both because you can use the Roth contributions in an emergency if needed. Also, since student loan interest is tax deduc...
by dsmil
Fri Apr 18, 2014 12:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: Is it ever okay to use IRA to pay off student loan?
Replies: 5
Views: 687

Re: What Book Are You Currently Reading? Part V

Just finished "You Herd Me" by ESPN radio host Colin Cowherd, now moving on to "Every Shot Counts" by Mark Broadie. I moved into my current town a year ago and am now realizing how great the library can be. "Every Shot Counts" was released a month ago and now I'm readin...
by dsmil
Fri Apr 18, 2014 8:53 am
 
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part V
Replies: 3372
Views: 1214846

Re: If you leave your job, can you use up your whole FSA?

My wife's employer has a dependent care FSA where we can contribute up to $5k. I wonder if these loopholes work similarly, using the birth of a baby as a life-event. Example: Elect the maximum $5k contribution for 2015, have a baby in early 2015 (hard to plan but still), and cancel the salary deduc...
by dsmil
Thu Apr 17, 2014 11:21 am
 
Forum: Personal Finance (Not Investing)
Topic: If you leave your job, can you use up your whole FSA?
Replies: 29
Views: 2338

Re: If you leave your job, can you use up your whole FSA?

My wife's employer has a dependent care FSA where we can contribute up to $5k. I wonder if these loopholes work similarly, using the birth of a baby as a life-event. Example: Elect the maximum $5k contribution for 2015, have a baby in early 2015 (hard to plan but still), and cancel the salary deduct...
by dsmil
Thu Apr 17, 2014 10:33 am
 
Forum: Personal Finance (Not Investing)
Topic: If you leave your job, can you use up your whole FSA?
Replies: 29
Views: 2338

Re: New TV or Sound bar?

After doing some more research I think I'm going to go with a ZVOX SoundBase 220 and get this HDMI switch - http://www.monoprice.com/Product?c_id=101&cp_id=10110&cs_id=1011001&p_id=8148&seq=1&format=2 I may also get a Bluetooth receiver, but don't really want one extra thing to ...
by dsmil
Wed Apr 09, 2014 9:57 am
 
Forum: Personal Consumer Issues
Topic: New TV or Sound bar?
Replies: 38
Views: 3594

Re: Tough college choice

http://www.udel.edu/IR/reports/cplan/2011/ The link above is data pulled from a survey given to 2011 graduates at Delaware. Not everyone returns the survey so I'm not sure how accurate it is, but you can find Fashion Merchandising info in the Arts and Sciences section. I think this is the most recen...
by dsmil
Mon Mar 24, 2014 1:57 pm
 
Forum: Personal Finance (Not Investing)
Topic: Tough college choice
Replies: 72
Views: 17017

Re: Tough college choice

I graduated from Delaware a few years ago, and most of us accounting majors were able to have job offers during our senior year. It's more efficient for companies to recruit students from a few large schools rather than having to visit a ton of small ones. Plus, employers may not have already hired ...
by dsmil
Mon Mar 24, 2014 1:25 pm
 
Forum: Personal Finance (Not Investing)
Topic: Tough college choice
Replies: 72
Views: 17017

Re: Do you love your job? What do you do?

imgritz wrote:I love my secondary job: Beer researcher and consumption.


If this were Facebook than I would have "liked" this post
by dsmil
Fri Mar 21, 2014 7:55 am
 
Forum: Personal Finance (Not Investing)
Topic: Do you love your job? What do you do?
Replies: 134
Views: 11239

Re: Do you love your job? What do you do?

I'm a CPA in my mid-20's, and moved from public accounting to private industry last year. I don't think I'll ever "love" accounting, but I work 40 hours per week, have no stress at work, have a short commute for the area, and get paid well. My future earning potential may not be as good wi...
by dsmil
Fri Mar 21, 2014 7:52 am
 
Forum: Personal Finance (Not Investing)
Topic: Do you love your job? What do you do?
Replies: 134
Views: 11239

Re: Bogleheads Stance on Home Buying

IMO the Bogleheads can sometimes be too conservative when it comes to the down payment and emergency fund needed before buying a home. In 2012, home prices and interest rates were very low which created a nice buying opportunity, even without 20% down or a huge emergency fund. As far as how expensiv...
by dsmil
Tue Mar 18, 2014 12:31 pm
 
Forum: Personal Finance (Not Investing)
Topic: Bogleheads Stance on Home Buying
Replies: 61
Views: 5723

Re: Best rewards/travel credit card

I like Chase Sapphire Preferred. The ability to exchange points into programs like Southwest or Hyatt is awesome. I'm going to Europe this summer and booked $600/night rooms in Paris for $200 of points.
by dsmil
Wed Mar 12, 2014 9:56 am
 
Forum: Personal Finance (Not Investing)
Topic: Best rewards/travel credit card
Replies: 26
Views: 2300

Re: Buy vs rent no longer relevant?

I like the idea of buying if you have an emergency fund setup and if you think that you'll be in the same area for awhile. And when looking at the monthly costs of buying vs. renting, you could probably discount your house costs by the principal payment of your loan since you basically own an asset ...
by dsmil
Fri Mar 07, 2014 9:10 am
 
Forum: Personal Finance (Not Investing)
Topic: Buy vs rent no longer relevant?
Replies: 60
Views: 6133

Re: 401 match (poll)

The amount that my company contributes is discretionary based on a % of salary. Since the fees are high, I don't contribute at all since it has no effect on what the company puts in. I think that they usually give around 2% of salary.
by dsmil
Fri Mar 07, 2014 9:02 am
 
Forum: Personal Finance (Not Investing)
Topic: 401 match (poll)
Replies: 33
Views: 1969

Re: POLL: What Percentage of Your Retirement Portfolio is Ro

I'm at around 50%, although everything that I've invested other than my 401k is in a Roth. Assuming that we aren't phased out anytime soon, I don't see this changing. I'm in my mid-20's and by the time that I retire, I could easily see tax rates significantly higher than they are now considering the...
by dsmil
Fri Jan 24, 2014 11:33 am
 
Forum: Personal Finance (Not Investing)
Topic: POLL: What Percentage of Your Retirement Portfolio is Roth?
Replies: 42
Views: 3113

Re: What Book Are You Currently Reading? Part V

I'm reading Fantasy Life by Matthew Berry. An entire book about fantasy sports and I'm hooked so far.
by dsmil
Fri Jan 24, 2014 8:32 am
 
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part V
Replies: 3372
Views: 1214846

Re: Stocks/Bonds Allocation Curved Calculations

http://www.mymoneyblog.com/target-date-retirement-funds-401k.html This chart gives a good comparison of a few of the target retirement funds. Vanguard looks like they are at about 90% equities until you get to 25 years away from retirement where they start decreasing equities by 1.6% each year. htt...
by dsmil
Wed Jan 22, 2014 10:47 am
 
Forum: Investing - Theory, News & General
Topic: Stocks/Bonds Allocation Curved Calculations
Replies: 4
Views: 356

Re: Stocks/Bonds Allocation Curved Calculations

This is my own plot of the numbers from a Morningstar source. Huh. For some reason the forum software is not letting me post inline images online today... anyway, it's at http://i39.tinypic.com/33vdb9f.jpg The link for that source, now updated to 2013, is: https://corporate.morningstar.com/us/docum...
by dsmil
Wed Jan 22, 2014 10:31 am
 
Forum: Investing - Theory, News & General
Topic: Stocks/Bonds Allocation Curved Calculations
Replies: 4
Views: 356

Stocks/Bonds Allocation Curved Calculations

Does anyone have any models or links to websites which show stocks/bonds allocation percentages based on a curve rather than the normal x - Age straight-line? I've been using 115-age but I feel as though a curved model where bonds increase exponentially makes more sense. By looking at the Vanguard t...
by dsmil
Wed Jan 22, 2014 9:37 am
 
Forum: Investing - Theory, News & General
Topic: Stocks/Bonds Allocation Curved Calculations
Replies: 4
Views: 356

Re: Getting married and buying a house.

First of all, great username. Second, my wife and I are your age and bought a house last year. The Bogleheads were pretty negative when I posted the question on whether we should buy a house, but we found it to be a great decision and are very happy. Your finances are in better shape than ours so yo...
by dsmil
Fri Jan 17, 2014 2:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Getting married and buying a house.
Replies: 2
Views: 360

Re: Who Invests 100% in Passive Index Funds/ETFs

I'm 100% in Vanguard ETF's and the only thing I see changing in the future is moving to index funds
by dsmil
Thu Jan 16, 2014 8:57 am
 
Forum: Investing - Theory, News & General
Topic: Who Invests 100% in Passive Index Funds/ETFs
Replies: 79
Views: 6006

Re: Good/ enjoy math, but dislike programming: College major

I'd recommend accounting based on my experience, although I wished that I double majored with Finance. As long as he goes to a decent school, have a 3.0, and can interview well, he shouldn't have trouble getting a job offer at the beginning of senior year. You also don't need a Master's degree and c...
by dsmil
Mon Jan 13, 2014 9:17 am
 
Forum: Personal Finance (Not Investing)
Topic: Good/ enjoy math, but dislike programming: College major?
Replies: 65
Views: 3472

Re: Comcast Premium Entertainment Reward Offer

I just received a ‘Premium Entertainment Reward’ offer in the mail. Because I am a “valuable customer” Comcast is offering me a two year agreement at no additional charge that includes the choice of two premium channels from HBO, SHOWTIME, Cinemax, or STARZ plus Streampix. Thinking this might be to...
by dsmil
Thu Nov 21, 2013 8:56 am
 
Forum: Personal Finance (Not Investing)
Topic: Comcast Premium Entertainment Reward Offer
Replies: 5
Views: 816

Re: Should having a pension effect our asset allocation?

MBMiner wrote:You might ask the teacher how it affects your asset allocation. :happy
Bruce


Smart man, always ask the teacher first, change made
by dsmil
Mon Apr 01, 2013 9:13 am
 
Forum: Investing - Help with Personal Investments
Topic: Should having a pension affect our asset allocation?
Replies: 23
Views: 2319

Should having a pension affect our asset allocation?

Hello Bogleheads, My wife and I are in our 20's and have been investing using the asset allocation below. For our stock/bond allocation, I've been using 115 - age. My wife is a teacher and her pension would replace about 50% of her gross income at retirement. Because of this, is there really any rea...
by dsmil
Mon Apr 01, 2013 8:03 am
 
Forum: Investing - Help with Personal Investments
Topic: Should having a pension affect our asset allocation?
Replies: 23
Views: 2319

Re: Are we ready (enough) to buy a house?

Just an update, we're now thinking about townhomes around $325k in a slightly less expensive area than before. We like the idea of the townhouse because of the lower repairs/maintenance costs. The homes in this price range also give us the flexibility to use this as a starter home, or a home that we...
by dsmil
Tue Aug 07, 2012 11:59 am
 
Forum: Personal Finance (Not Investing)
Topic: Are we ready (enough) to buy a house?
Replies: 29
Views: 2870

Re: Are we ready (enough) to buy a house?

jenny345 wrote:Just some food for thought - do you live in a high COLA where 350K plus gets you a basic home or is this an upscale house?


The cost of living is relatively high so at our price range we'd be looking at a lot of newer townhomes with 3 bedrooms, or possibly older single family homes.
by dsmil
Mon Jul 23, 2012 1:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Are we ready (enough) to buy a house?
Replies: 29
Views: 2870

Are we ready (enough) to buy a house?

Hello Bogleheads, My wife and I have been aggressively paying off student loans for the past 2.5 years ($52k paid off) and are now looking to buy a house and start a family soon after that. Please let me know if you think we are in a good enough position to do this (and please hold off on the "...
by dsmil
Mon Jul 23, 2012 11:53 am
 
Forum: Personal Finance (Not Investing)
Topic: Are we ready (enough) to buy a house?
Replies: 29
Views: 2870

Re: Credit Cards - authorized user???

I don't believe that an authorized user's credit is affected. This simply means that they are allowed to use the card.
by dsmil
Fri Jul 20, 2012 3:28 pm
 
Forum: Personal Finance (Not Investing)
Topic: Credit Cards - authorized user???
Replies: 2
Views: 372

Re: Post your AA

Age: 25

US Equity 45%
US REIT 10%
US Small Cap Value 9%
International Equity 21%
International Emerging Markets 7%
US Bonds 8%
by dsmil
Tue Jul 17, 2012 8:59 am
 
Forum: Investing - Theory, News & General
Topic: Post your AA
Replies: 135
Views: 16208

Re: Advice Needed - Young boglehead becoming a financial adv

Thanks for the advice, but wow it's pretty sad that a guy can't just give some friendly advice to some recent college graduates who have no idea what they are doing with money. Hey, at least the time can instead be spent working on my golf game.
by dsmil
Mon Jul 16, 2012 10:59 am
 
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Young boglehead becoming a financial advisor
Replies: 15
Views: 2169

Advice Needed - Young boglehead becoming a financial advisor

Hello Bogleheads, I have been thinking about starting up a small financial advisory practice in the DC area, to help young people like myself with their money. As I have been working in public accounting for the past 3 years, I've realized that most people my age (20's) know nothing about money (eve...
by dsmil
Mon Jul 16, 2012 10:02 am
 
Forum: Personal Finance (Not Investing)
Topic: Advice Needed - Young boglehead becoming a financial advisor
Replies: 15
Views: 2169

Re: TV show recommendations?

Curb Your Enthusiasm, Seinfeld, The Office, PTI
by dsmil
Thu Jun 14, 2012 1:49 pm
 
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 304
Views: 143747

Re: CPA exam

I used the Wiley cd-rom testbanks and Wiley books, and passed last fall. It was definitely an effective and cheaper way to do it since I'm not a good listener. You can only re-sell the testbanks on ebay and make decent money back. I'm an auditor in public accounting and my order from hardest to easi...
by dsmil
Fri Jun 08, 2012 2:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: CPA exam
Replies: 39
Views: 5021

Re: Boglehead Beer

Just picked up six packs of some beers that I had never tried before: Founders Red's Rye, Victory Storm King Stout, and Unibroue Trois Pistoles. So far I've tried the Founders Red's Rye beer and it is now definitely one of my top 5 beers. http://beeradvocate.com/beer/profile/1199/16074 http://beerad...
by dsmil
Wed Mar 28, 2012 11:19 am
 
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 407
Views: 52596

Re: W-2C: Need to amend return?

I also received a W-2C which actually would have helped me get another couple of bucks. I forgot about it, filed, and received my refund. I have no idea whether this would trigger an audit but I'm assuming that since you owe more without filing it, than it shouldn't matter...just a guess though.
by dsmil
Tue Mar 27, 2012 8:21 am
 
Forum: Personal Finance (Not Investing)
Topic: W-2C: Need to amend return?
Replies: 1
Views: 147

Re: Total Insanity--sport star compensation

Let's say Pujols gets $5k more in the seats per game x $100 spent x $81 home games x 10 years = $405 Million in revenue added. Baseball players get a ton of money but it's worth it considering how much revenue they produce.
by dsmil
Fri Dec 09, 2011 9:54 am
 
Forum: Personal Finance (Not Investing)
Topic: Total Insanity--sport star compensation
Replies: 148
Views: 5401

Re: CPA Exam Cost (What would you do?)

You don't need to spend thousands on a review course, although most people do. I started using a review course and found that it didn't work for me. I then bought the Wiley HomeStudy Books and the Wiley Test Bank and passed my tests. You could get everything you need for about $400 or get it even ch...
by dsmil
Tue Nov 22, 2011 10:23 am
 
Forum: Personal Finance (Not Investing)
Topic: CPA Exam Cost (What would you do?)
Replies: 34
Views: 1978

Re: Median net worth in US by age

The decrease in net worth for young people must be student loans. For people who studied something useful in college and got a good job, their net worth is probably lower than average in their low 20's but will then increase because of earning potential....at least that's what I'm telling myself! $5...
by dsmil
Wed Nov 09, 2011 2:46 pm
 
Forum: Investing - Help with Personal Investments
Topic: Median net worth in US by age
Replies: 84
Views: 10236

Re: Should I Try To Catch Low Mortgage Rates?

On the non-financial side, make sure you allocate some of those funds for being young and having fun. When my wife and I were that age we made sure to travel and enjoy the beautiful city we were living in. Ten years on, with kids and a less exciting living situation, I'm glad that we did instead of...
by dsmil
Thu Nov 03, 2011 10:48 am
 
Forum: Personal Finance (Not Investing)
Topic: Should I Try To Catch Low Mortgage Rates?
Replies: 18
Views: 1706
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