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by fatlever
Thu Mar 26, 2015 11:25 am
Forum: Personal Consumer Issues
Topic: Kendrick Lamar: Rapper with Boglehead Principles?
Replies: 14
Views: 1678

Re: Kendrick Lamar: Rapper with Boglehead Principles?

This isn't going to help his street cred :oops:

But he won't be broke in 10 years like ton of these artists :mrgreen:
by fatlever
Fri Mar 20, 2015 11:47 pm
Forum: Investing - Help with Personal Investments
Topic: Lowest income at which able to Max 401k and IRA
Replies: 31
Views: 2813

Re: Lowest income at which able to Max 401k and IRA

Thanks for all the advice and I think more importantly how ppl are doing so much at different points in their lives and at different income levels. I am looking more carefully at my expenses, planning to cut back and thinking about downsizing still debating the Roth 401K. The reason for the Roth 401...
by fatlever
Thu Mar 19, 2015 10:01 pm
Forum: Investing - Help with Personal Investments
Topic: Lowest income at which able to Max 401k and IRA
Replies: 31
Views: 2813

Re: Lowest income at which able to Max 401k and IRA

I appreciate all the responses. First time for me sharing my income/expenses. Also, it's really inspiring/motivating how some of you have managed to max at lower income points in your lives. I don't really consider myself a Boglehead. I am a wannabe Boglehead but my spending habits are pretty bad. I...
by fatlever
Thu Mar 19, 2015 5:41 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401k as Emergency Fund - Just like Roth IRA?
Replies: 5
Views: 703

Re: Roth 401k as Emergency Fund - Just like Roth IRA?

Since the rules for determining taxable amounts differ between the two Roth plans, your idea is a good one. Distributions taken directly from the Roth 401k include a pro rated amount of contributions and earnings, so by rolling the Roth 401k into a Roth IRA you can generally avoid withdrawing earni...
by fatlever
Thu Mar 19, 2015 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Lowest income at which able to Max 401k and IRA
Replies: 31
Views: 2813

Lowest income at which able to Max 401k and IRA

It seems that 401K Max and IRA Max is given in these parts. At 125K income (single until maybe next year), with 2K per month mortgage and $700 per month car payments, I am really living paycheck to paycheck when I max Roth 401K, Roth IRA, and HSA with no taxable investing. I am really burnt out at m...
by fatlever
Mon Mar 16, 2015 2:15 pm
Forum: Investing - Help with Personal Investments
Topic: Credit Report Very Low For No Reason? Fixing it?
Replies: 60
Views: 3488

Re: Credit Report Very Low For No Reason? Fixing it?

You don't need 25 credit cards

-Your utilization is too high
-length of your credit history?
-# of new accounts?
-average age of accounts?
-hard pulls of your credit score? (you're seeking too much credit score)
by fatlever
Thu Mar 05, 2015 7:47 pm
Forum: Personal Finance (Not Investing)
Topic: Talking Salary Tomorrow - HELP!
Replies: 17
Views: 2756

Re: Talking Salary Tomorrow - HELP!

As I am getting older I think it is ridiculous that folks have to make a "pitch" for a better salary. The ultimate policy in life is that of supply and demand. If it was me I would just talk about what you have brought the company and see if there is room for an increase in salary to a hi...
by fatlever
Fri Feb 27, 2015 5:38 pm
Forum: Personal Consumer Issues
Topic: Is Vanguard understaffed?
Replies: 37
Views: 3813

Re: Is Vanguard understaffed?

This is interesting for me because I recently switched jobs to a Vanguard competitor. I work with building applications to process these transactions and I've found this to be by far the most complex systems, processes and procedures I've been involved in my career. All the government rules, tax rul...
by fatlever
Sat Feb 21, 2015 1:54 pm
Forum: Investing - Help with Personal Investments
Topic: Roth 401k as Emergency Fund - Just like Roth IRA?
Replies: 5
Views: 703

Roth 401k as Emergency Fund - Just like Roth IRA?

I left my employer. I have a good portion of money in Roth 401k and the majority in Traditional 401k. I was wondering why I couldn't treat the Roth 401K money as an emergency fund? I could just roll it over to a Roth IRA when needed and then withdraw the contribution amount without tax consequences ...
by fatlever
Thu Feb 19, 2015 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: What is the median 401K worth?
Replies: 8
Views: 2093

Re: What is the median 401K worth?

Combined average 401k plus IRA balance was 260K according to Fidelity for those with both types of accounts with them. http://www.fidelity.com/inside-fidelity/employer-services/fidelity-average-401k-balance-nearly-doubles To provide a more complete picture of retirement savings, Fidelity also studie...
by fatlever
Mon Jan 26, 2015 1:06 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 849
Views: 119072

Re: What Movie Have You Recently Watched?

Watched the American Sniper. Not sure if it's an anti-war or pro-war movie. That's how good Clint Eastwood made this movie, that it is actually amenable to opposing interpretations (and therefore watchable by people of opposing political stripes) while remaining somewhat coherent. Seems to me to be...
by fatlever
Sat Nov 22, 2014 12:07 pm
Forum: Investing - Help with Personal Investments
Topic: Retire Health Savings Plans
Replies: 3
Views: 558

Re: Retire Health Savings Plans

I switched jobs and I've also got an option for this plan in my new job. From what I'd gathered so far: * What medical expenses qualify? >> IRS Publication 502 (seems typical stuff HSA qualifies for) * Can this money be accessed for non-qualified expenses? If so, is there a penalty? >> Can't find in...
by fatlever
Thu Mar 20, 2014 6:49 pm
Forum: Investing - Theory, News & General
Topic: Population Decline and International Exposure
Replies: 19
Views: 1847

Re: Population Decline and International Exposure

Thank you everyone for your responses.

Funny what really led me into this rabbit hole was the fact that international is lagging :oops:
by fatlever
Sun Mar 16, 2014 1:06 pm
Forum: Investing - Theory, News & General
Topic: Population Decline and International Exposure
Replies: 19
Views: 1847

Population Decline and International Exposure

I was listening to Bill Gates on Charlie Rose a few weeks ago and Gates was matter of factly speaking about world population peak and decline somewhat to the effect of "we now know that the world population will peak around 2050." I really wasn't aware of this and I did some googling and f...
by fatlever
Wed Mar 05, 2014 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: New 401k Plan - Terrible Funds, Great Match
Replies: 21
Views: 1591

Re: New 401k Plan - Terrible Funds, Great Match

I'd feast on Mid-Caps (NTIAX) and put some on the side on stable value and rebalance a couple times a year.
by fatlever
Wed Mar 05, 2014 5:59 pm
Forum: Personal Consumer Issues
Topic: Do you have a favorite chocolate bar?
Replies: 86
Views: 6124

Re: Do you have a favorite chocolate bar?

I like chocolate but don't eat carbs. Does anyone have recommendations for chocolate without sugar or artificial sweeteners? Bitterness is fine; I drink tea and coffee black, without any additives. Victoria I started eating 85%+ cocoa for health reasons but I've acquired a taste for it. I tried 100...
by fatlever
Sat Jan 18, 2014 4:49 pm
Forum: Investing - Theory, News & General
Topic: technology's impact
Replies: 18
Views: 1073

Re: technology's impact

I've been thinking about this topic and been putting off reading this book. Your post just made me order it on kindle to read on a lazy Saturday afternoon. The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies BTW, what's amazing is that this book started showin...
by fatlever
Sat Jan 18, 2014 4:41 pm
Forum: Investing - Theory, News & General
Topic: technology's impact
Replies: 18
Views: 1073

Re: technology's impact

I've been thinking about this topic and been putting off reading this book. Your post just made me order it on kindle to read on a lazy Saturday afternoon. The Second Machine Age: Work, Progress, and Prosperity in a Time of Brilliant Technologies A revolution is under way. In recent years, Google’s ...
by fatlever
Sat Oct 26, 2013 1:05 pm
Forum: Forum Issues and Administration
Topic: Baidu spider crawling this site?
Replies: 19
Views: 3493

Re: Baidu spider crawling this site?

Peculiar_Investor wrote:Even the spiders and bots that visit Bogleheads are indexers. 8-)


Thanks for the laugh :mrgreen:
by fatlever
Sat Aug 03, 2013 10:04 am
Forum: Personal Finance (Not Investing)
Topic: Some things a teen could do to help out parents college-wise
Replies: 74
Views: 5444

Re: Some things a teen could do to help out parents college-

1. Get a job. 2. Get another job. 3. Get a job in college. 4. Get a job every summer during your college years when not in college. 5. Did I mention, get a job? I worked 44 hours a week my junior year of high school and saved almost all of it for college. Also I told my parents to take me off of th...
by fatlever
Fri Jul 19, 2013 8:32 pm
Forum: Investing - Help with Personal Investments
Topic: Overweighing international allocation
Replies: 30
Views: 2289

Re: Overweighing international allocation

Maybe I've naive but I think this is a really good point that I've never seen a good counter argument to reading this forum for 3-4 years now: One point that I find highly compelling ( for over weighting international ) is that as a single nation, the US is more likely to be the victim of a 25 years...
by fatlever
Mon Jul 15, 2013 1:51 pm
Forum: Personal Consumer Issues
Topic: Math degrees
Replies: 70
Views: 5747

Re: Math degrees

God, I wish I hadn't listened to the countless adults who told me they never used algebra or calculus in real life and laughed about it. I develop software at a major bank and I wish I had some type of math degree or at least a great foundation in mathematics. All the really interesting and highly p...
by fatlever
Wed Jul 10, 2013 7:51 am
Forum: Personal Consumer Issues
Topic: Credit Score
Replies: 9
Views: 695

Re: Credit Score

Timing has an effect if your credit card reports to the credit bureaus when you have a large balance. Say you only use 1 credit card. You have a 50K limit and you have a balance this month of 10K which you plan to pay at the end of the month like you do every month. But your credit card reports the ...
by fatlever
Sun Jun 23, 2013 3:01 pm
Forum: Investing - Theory, News & General
Topic: Increasing International to 40% ... good idea or not?
Replies: 37
Views: 2963

Re: Increasing International to 40% ... good idea or not?

I just increased mine when Vanguard Tot. Int. Inst. Shares was at 103something a few days ago. Now it's at 97. I don't seen to procrastinate at the right moments :oops:
by fatlever
Sat Jun 22, 2013 12:10 am
Forum: Personal Consumer Issues
Topic: Cheap Razors
Replies: 81
Views: 7294

Re: Cheap Razors

Every time I buy razors, I feel like it's burning a whole in my wallet. I've always wondered why they're so expensive. This thread finally got me to take some action. I use the Gillette Sensor Excel and I ordered a 20 pack of generic replacments 20 Gillette Sensor Excel compatible razor blades. Pric...
by fatlever
Thu May 30, 2013 12:45 pm
Forum: Personal Consumer Issues
Topic: Possible bullying at work
Replies: 87
Views: 8288

Re: Possible bullying at work

I've had a very similar experience. Writing an email, however carefully worded, or having a conversation to sort out the differences will not solve the issue with this sort of person. You need to part ways by either: 1. Finding another job 2. Finding another position in your company away from him 3....
by fatlever
Sat May 25, 2013 10:46 am
Forum: Investing - Theory, News & General
Topic: C'mon international rise!
Replies: 47
Views: 4269

Re: C'mon international rise!

Boglehead humor
by fatlever
Tue May 21, 2013 8:40 pm
Forum: Forum Issues and Administration
Topic: reloaded [Forum and wiki were offline]
Replies: 74
Views: 8576

Re: reloaded

wohooo
by fatlever
Fri May 03, 2013 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: 39 y.o. and 18 years of Vanguarding
Replies: 45
Views: 8504

Re: 39 y.o. and 18 years of Vanguarding

THEN I pretended there was some guy that STARTED investing at age 40, right when I stopped. How much would he have to contribute to have $1.5 million by 64? Almost $17,500 a year! Holy [Mackerel --admin LadyGeek] ! A little more math and I realized that up to age 40, I would have only invested a to...
by fatlever
Fri Jan 18, 2013 12:57 am
Forum: Investing - Help with Personal Investments
Topic: Contribute prior year HSA if only eligible this year
Replies: 8
Views: 455

Re: Contribute prior year HSA if only eligible this year

My coverage with the high deductible health plan began in Jan 2013. But since I now have a HSA account because of it, it is allowing me to contribute for the prior year until April this year I think. My company only allows me to contribute pre-tax and puts into the HSA this year. Why would they care...
by fatlever
Thu Jan 17, 2013 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Contribute prior year HSA if only eligible this year
Replies: 8
Views: 455

Contribute prior year HSA if only eligible this year

Working at a big company. Changed my health plan to high deductible which allowed me to contribute pretax to HSA for 2013. Now in the HSA portal that I have access to, I have the option to contribute to HSA for prior year from my bank account transfer. Am I allowed to do this? How does this work? Ma...
by fatlever
Sun Dec 30, 2012 1:22 am
Forum: Investing - Help with Personal Investments
Topic: Help my 64yo mom retire!
Replies: 13
Views: 1345

Re: Help my 64yo mom retire!

Sounds so much like my mom. Has $40k in CDs earning 4%. Has 40k in mortgage debt at 7%. But leaves the money in CDs just in case of a rainy day!
by fatlever
Sat Nov 24, 2012 8:57 am
Forum: Investing - Theory, News & General
Topic: Do you have money in taxable? What percent?
Replies: 74
Views: 5650

Do you have money in taxable? What percent?

Just found the forum in 2010 and starting out. I was pretty clueless before then and even the last couple of years haven't been a true boglehead like you guys. Just don't have the discipline yet. Had zero savings until I found the forum. Maxed 401K and Roth IRA in 2011 and 2012. Had some money in ta...
by fatlever
Sat Apr 16, 2011 8:58 am
Forum: Personal Consumer Issues
Topic: Bogleheads are "slowlaners" - Millionaire Fast Lan
Replies: 100
Views: 11218

the true risk of failure for entrepreneurs WHO STICK WITH IT is close to zero. I agree with KyleAAA's sentiment here. I would also add that perseverance is a key factor to success with many things in life, not just entrepreneurship. close to zero risk...so perseverance creates a free lunch opportun...

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