Search found 8163 matches

by letsgobobby
Sat Aug 29, 2015 11:19 am
Forum: Personal Consumer Issues
Topic: Prius owners and rest of Bogleheads
Replies: 22
Views: 1217

Re: Prius owners and rest of Bogleheads

Prius used is a very economical option. But you'll give up a lot in performance and road noise compared to your Infiniti. However compared to a Corolla or Camry, not as clear cut. Camry is quite a bit quieter.

We like our 12 Prius.
by letsgobobby
Fri Aug 28, 2015 4:33 pm
Forum: Investing - Help with Personal Investments
Topic: If stocks dropped 30% next Monday, would you rebalance?
Replies: 84
Views: 3663

Re: If stocks dropped 30% next Monday, would you rebalance?

My IPS would demand I rebalance. With a 30% stock decrease my portfolio would drop to 51/49 from its target of 60/40 and current allocation of 59/41. Furthermore pe10 would have dropped to about 17.5, equal to about 14 in pre 2002 calculations. My IPS allows me the option of increasing my target to ...
by letsgobobby
Fri Aug 28, 2015 10:36 am
Forum: Personal Finance (Not Investing)
Topic: How much do you donate to your kid's public school?
Replies: 60
Views: 3614

Re: How much do you donate to your kid's public school?

I don't have any kids. I don't plan to have any kids. My property taxes are pretty low, however a substantial portion is levied by the school board/district. My sales taxes are in the upper range, again a substantial portion is levied by the school board/district. I pay plenty in income taxes (rela...
by letsgobobby
Fri Aug 28, 2015 6:57 am
Forum: Personal Finance (Not Investing)
Topic: How much do you donate to your kid's public school?
Replies: 60
Views: 3614

Re: How much do you donate to your kid's public school?

dewey wrote: Mr. Bogle says 'give until it hurts' when it comes to donating.


Did he say that? That sounds more like something Dave Ramsey would say.
by letsgobobby
Thu Aug 27, 2015 8:21 pm
Forum: Personal Finance (Not Investing)
Topic: How much do you donate to your kid's public school?
Replies: 60
Views: 3614

Re: How much do you donate to your kid's public school?

Last year we gave about $2000, we had one child. She's in a magnet program where parental involvement is critical. We support the program and have more money than time.

Our schools have never directly asked. I find it weird and inappropriate that a public school would send out some kind of bill.
by letsgobobby
Tue Aug 25, 2015 4:44 pm
Forum: Personal Finance (Not Investing)
Topic: Should I add $10,000 to a Roth IRA this year?
Replies: 6
Views: 941

Re: Should I add $10,000 to a Roth IRA this year?

In your nine posts you've yet to post your full situation in the suggested format. You've said over and over again that you have $400,000 taxable but never really said where it came from, what your goals are with the money, etc. Youve never talked about your risk tolerance, your desired asset alloca...
by letsgobobby
Tue Aug 25, 2015 7:25 am
Forum: Personal Finance (Not Investing)
Topic: Zero Percent for 60 months or $2000 Cash Back
Replies: 12
Views: 1817

Re: Zero Percent for 60 months or $2000 Cash Back

If it's a $30,000 vehicle then you have an average $15,000 invested for five years. Or you can take the $2000. On a guaranteed basis, that sounds like a 6.7% total return for five years, which isn't very good. So I would probably take the zero percent. But are they truly mutually exclusive offers? Y...
by letsgobobby
Mon Aug 24, 2015 11:46 pm
Forum: Investing - Theory, News & General
Topic: Warning Signs [Economic health indicators]
Replies: 262
Views: 34298

Re: Warning Signs [Economic health indicators]

The cumulative AD line and the Dow transports have been headed down for months. OP does not use these indicators, but others do.
by letsgobobby
Mon Aug 24, 2015 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Feeling very fortunate today!
Replies: 85
Views: 15189

Re: Feeling very fortunate today!

Wow, think how lucky you'll feel if the market falls another 50%! And if it falls 90%, like during the Depression, you might feel like you won the lottery!
by letsgobobby
Sun Aug 23, 2015 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: 800K Cash Part 3
Replies: 17
Views: 2154

Re: 800K Cash Part 3

The stock market is 10% cheaper than it was 3 months ago. If anything you should be more excited to lump sum today, not less. Why do you think you've got it backwards? I'm skittish because I think there is a good chance that it's not over. Bouncing around is OK, it's that big crash I'd like to avoi...
by letsgobobby
Sun Aug 23, 2015 9:37 am
Forum: Investing - Help with Personal Investments
Topic: 800K Cash Part 3
Replies: 17
Views: 2154

Re: 800K Cash Part 3

The stock market is 10% cheaper than it was 3 months ago. If anything you should be more excited to lump sum today, not less. Why do you think you've got it backwards?
by letsgobobby
Sat Aug 22, 2015 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Did a dumb thing [lump summed into market after sitting on cash for years]
Replies: 111
Views: 12811

Re: Did a dumb thing [lump summed into market after sitting on cash for years]

"It seems incredible it that you would not be just a little nervous at the way it is moving. -- No, excited is a better word." Yes, I would be, too, if I had not put in a month ago and could put the funds in now. :oops: Well, I was just asking since I was having a hard time imagining the ...
by letsgobobby
Fri Aug 21, 2015 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: With Stock Market heading south
Replies: 95
Views: 10776

Re: With Stock Market heading south

My only feeling is that I'm just starting to get that little itchy scratch giddy feeling I haven't felt since summer 2011. Since I'm 41 and accumulating I do prefer to buy stocks when they are trading at generational lows in prices and valuations than at all time highs. So stocks look about 10% more...
by letsgobobby
Thu Aug 20, 2015 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Charitable
Replies: 44
Views: 2623

Re: Fidelity Charitable

While that may be true, YOUR great cause may not be MY great cause. Not looking to start a big fight, but since a few people have pushed back against my comment... Any cause has multiple organizations which further that cause, whether it be educational, environmental, medical, religious, internatio...
by letsgobobby
Wed Aug 19, 2015 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: How to spend more and not feel bad about it
Replies: 56
Views: 5511

Re: How to spend more and not feel bad about it

Wait, what? I've never heard this. If I have two pairs of running shoes and wear them in rotation, that lasts longer than wearing one pair out and then buying a new pair? How exactly does that work? I'm legitimately interested. Supposedly letting the EVO or poly decompress for 24-48 hours between u...
by letsgobobby
Tue Aug 18, 2015 3:16 pm
Forum: Personal Finance (Not Investing)
Topic: Leaving money in stocks
Replies: 18
Views: 2139

Re: Leaving money in stocks

If you knew that you wouldn't need the money would you leave a low 7 digit amount of money in stocks for the long haul? From reading a lot of posts it seems like a lot of folks here would want to keep a smaller amount in stocks. I'm talking leave it for 20 year plus. When I have to start taking it ...
by letsgobobby
Tue Aug 18, 2015 10:21 am
Forum: Personal Finance (Not Investing)
Topic: SSA: your estimated benefits (how to calculate)
Replies: 30
Views: 3013

Re: SSA: your estimated benefits (how to calculate)

Did you adjust your pre- 2014 earnings record to 2014 dollars using the appropriate inflation factor?
by letsgobobby
Tue Aug 18, 2015 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Enough is enough
Replies: 51
Views: 14917

Re: Enough is enough

No plans yet. I'm dealing with some health issues which have thrown a major wrench in any plans I had. Right now I continue to work full time.
by letsgobobby
Sun Aug 16, 2015 8:40 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Charitable
Replies: 44
Views: 2623

Re: Fidelity Charitable

Love it. Donating appreciated shares is key. Click click click to fund 20+ charities is a big convenience.
by letsgobobby
Sun Aug 16, 2015 12:52 pm
Forum: Personal Consumer Issues
Topic: Dispersed camping in Colorado
Replies: 3
Views: 573

Re: Dispersed camping in Colorado

Presumably you're talking about national forests? I've never done it in Colorado but in California and the Northwest. The available pull off spots can be surprisingly full in popular areas especially during hunting season. That's the other thing to consider: have and wear brightly colored clothing, ...
by letsgobobby
Sun Aug 16, 2015 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Anyone else impatient with their car payments?
Replies: 58
Views: 4651

Re: Anyone else impatient with their car payments?

Even with a 0% loan I didn't like having payments, but it was worth it to me to keep that money invested. I did get impatient though: in the 35th month of a 36 month loan, I made two payments to wipe my hands clean of the debt. Our house sale closed on the same day I received the auto title in the m...
by letsgobobby
Sun Aug 16, 2015 10:01 am
Forum: Investing - Help with Personal Investments
Topic: What would happen to my 457b if the US went to a single payer healthcare system?
Replies: 5
Views: 529

Re: What would happen to my 457b if the US went to a single payer healthcare system?

That seems very unlikely to me. I think the odds of a Kaiser not being able to stay solvent are remote. But black swans are by definition unpredictable, and taking unnecessary risks runs counter to the basic foundations of good investing and Bogleheadism. My health care system has 15,000 employees a...
by letsgobobby
Sun Aug 16, 2015 12:58 am
Forum: Personal Consumer Issues
Topic: Garage door opener-Advice sought.
Replies: 16
Views: 1961

Re: Garage door opener-Advice sought.

I just had installed a Liftmaster 8550. Online price $235, price from this reputable local company $445 including installation. $60 for a wireless keypad (installed). This thing is amazing. Standing in my garage having a quiet conversation, you cannot hear the motor running. It is a DC motor belt dr...
by letsgobobby
Fri Aug 14, 2015 9:56 pm
Forum: Investing - Theory, News & General
Topic: Backdoor Roth: How Long To Wait For Conversion?
Replies: 14
Views: 1437

Re: Backdoor Roth: How Long To Wait For Conversion?

I wait one day. This is clearly a permitted move. I don't feel any anxiety about it at all.
by letsgobobby
Fri Aug 14, 2015 9:52 pm
Forum: Investing - Help with Personal Investments
Topic: 457b vs. Taxable account
Replies: 18
Views: 963

Re: 457b vs. Taxable account

Health care: no way. Others will hold a different opinion but it's simply a risk I don't care to take, and don't need to take. After tax advantaged I'm happy to save in taxable. It provides tax diversification and tax efficient investing is pretty good. It helps make sure I don't get into high RMDs ...
by letsgobobby
Fri Aug 14, 2015 2:45 pm
Forum: Investing - Help with Personal Investments
Topic: College savings
Replies: 40
Views: 2129

Re: College savings

First of all, ALL colleges give some kind of academic package. Nobody pays the full list price. Your second sentence does not follow logically from the first. True: All colleges give some kind of academic package. Not true: Nobody pays the full list price. I, or more specifically my parents, paid f...
by letsgobobby
Wed Aug 12, 2015 3:21 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 1935
Views: 341131

Re: U.S. stocks in freefall

Yeah, that was a bummer since I had an order to buy a very large (for me) amount of stocks at the close.
by letsgobobby
Wed Aug 12, 2015 12:40 am
Forum: Investing - Theory, News & General
Topic: The Big AAPL and the S&P 500
Replies: 20
Views: 3018

Re: The Big AAPL and the S&P 500

More than 10% of the SPOOs return since 2000 has been due to one company out of 500.

In possibly unrelated news, the NYSE AD line has been declining since April.
by letsgobobby
Tue Aug 11, 2015 11:52 pm
Forum: Investing - Help with Personal Investments
Topic: 529 Asset Allocation
Replies: 20
Views: 1624

Re: 529 Asset Allocation

If you're just going to keep bonds in 529s I question how wise it is to use them. There is at most a state tax benefit for the contribution; and the federal tax benefit is only as good as the gains that you protect from taxation. Bonds don't have many gains... so not much benefit in a 529. But you s...
by letsgobobby
Mon Aug 10, 2015 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Super Agressive AA for 34 y/o
Replies: 4
Views: 505

Re: Super Agressive AA for 34 y/o

Why do you want to be so aggressive?

How about 100% emerging markets small cap?
by letsgobobby
Mon Aug 10, 2015 1:36 am
Forum: Personal Finance (Not Investing)
Topic: Am I crazy? Quitting my job.
Replies: 95
Views: 13059

Re: Am I crazy? Quitting my job.

$700k and 28 years old? Do what you want. What is the point of saving a lot of money if it does not buy you freedom and happiness? So what if you could retire in three years, what if you kill yourself before then? You still have an enormous head start, practically to the halfway point. Come home, li...
by letsgobobby
Mon Aug 10, 2015 1:29 am
Forum: Investing - Help with Personal Investments
Topic: 800K Cash Part 2
Replies: 1
Views: 469

Re: 800K Cash Part 2

40% TSM
30% TBM
30% CDs

Is very simple and reasonable.

3-4% is pretty safe.
by letsgobobby
Sun Aug 09, 2015 6:11 pm
Forum: Personal Finance (Not Investing)
Topic: Term Life- How Much To Get and For How Many Years?
Replies: 29
Views: 2543

Re: Term Life- How Much To Get and For How Many Years?

At least 20 years. I like laddering but only if you have solid visibility as to your likely asset accrual. We first bought 20 years in early 30s. In mid 30s we restructure with a 15 and 20 year. It cost us less than the original 20 but provided more coverage in the last 5 years. However by that poin...
by letsgobobby
Sun Aug 09, 2015 6:05 pm
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA
Replies: 5
Views: 736

Re: Backdoor Roth IRA

Thanks for the response. The reason I am thinking to do just my wife is she has a small amount in IRA as compare to me and my current employers fund choice are limited, hand full of index funds and rest are target age funds all with fidelity. While IRA is with Vanguard with more fund choices. Perha...
by letsgobobby
Sun Aug 09, 2015 5:50 pm
Forum: Personal Finance (Not Investing)
Topic: Chase asking for liquid net worth, total net worth...
Replies: 46
Views: 6050

Re: Chase asking for liquid net worth, total net worth...

When you sign the application, does it say something about true to the best of your knowledge, under penalty of, etc?
by letsgobobby
Sun Aug 09, 2015 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: city selling 'mini-bonds' at attractive rates
Replies: 30
Views: 2626

Re: city selling 'mini-bonds' at attractive rates

:sharebeer thank you! I will download at home. "Constant yield method" function is the name of that which I knew I needed but whose name I didn't know. In the unlikely event I were to declare the phantom income but the bond were to default, I assume I could offset the loss somehow as well ...
by letsgobobby
Sun Aug 09, 2015 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: $200k to invest in a taxable account
Replies: 18
Views: 2437

Re: $200k to invest in a taxable account

because money carries a psychological burden and that burden varies depending on how it was acquired. Inheritance - there may be guilt or joy, depending on the relationship Sold a house - when are you planning to buy another house? Sold stocks in 2009 and have been all in cash since then - what's y...
by letsgobobby
Sun Aug 09, 2015 11:51 am
Forum: Investing - Help with Personal Investments
Topic: $200k to invest in a taxable account
Replies: 18
Views: 2437

Re: $200k to invest in a taxable account

because money carries a psychological burden and that burden varies depending on how it was acquired. Inheritance - there may be guilt or joy, depending on the relationship Sold a house - when are you planning to buy another house? Sold stocks in 2009 and have been all in cash since then - what's yo...
by letsgobobby
Sun Aug 09, 2015 9:21 am
Forum: Investing - Help with Personal Investments
Topic: city selling 'mini-bonds' at attractive rates
Replies: 30
Views: 2626

Re: city selling 'mini-bonds' at attractive rates

For bonds that only pay interest at maturity, the IRS usually requires you to report the accrued interest every year as income even though interest is not yet paid. It is similar to inflation adjustment reporting on TIPS. However, muni income is federal tax exempt and thus no phantom income problem...
by letsgobobby
Sun Aug 09, 2015 8:10 am
Forum: Personal Consumer Issues
Topic: Should I sell my house?
Replies: 13
Views: 1512

Re: Should I sell my house?

Think ahead five or ten years. Will you be remarried? Have another child? Then you'll just be looking for another house. I'd fix the house and hire someone for weekly maintenance. I don't have the time for yard work and my one acre lot cost only $200 per month for a team to come in and mow, trim, we...
by letsgobobby
Sun Aug 09, 2015 2:13 am
Forum: Investing - Help with Personal Investments
Topic: Backdoor Roth IRA
Replies: 5
Views: 736

Re: Backdoor Roth IRA

Correct for her. Yes, annually.

Why don't you do the same?

Invest according to your IPS.

Welcome!
by letsgobobby
Sun Aug 09, 2015 1:44 am
Forum: Investing - Help with Personal Investments
Topic: Made outsize returns in a short period of time: what am I doing wrong?
Replies: 37
Views: 5628

Re: Made outsize returns in a short period of time: what am I doing wrong?

You sound bright but also you are an addict.

You know how this ends, right? You know how this always ends?
by letsgobobby
Sat Aug 08, 2015 8:59 am
Forum: Investing - Help with Personal Investments
Topic: Advice re unrealized gains
Replies: 7
Views: 545

Re: Advice re unrealized gains

Because the S&P 500 is below the 200 day simple moving average, I'm considering selling $274,000 of Total Stock Market fund (taxable) & moving to Bonds. However, this triggers a gain of $65,000; I'm in the 33% and 9.3% tax brackets. Bad idea? Thank you. If you've owned for more than a year ...
by letsgobobby
Sat Aug 08, 2015 8:54 am
Forum: Investing - Help with Personal Investments
Topic: 35 yrs old: How am I doing?
Replies: 27
Views: 5315

Re: 35 yrs old: How am I doing?

You're doing fine... I think that was your only question.
by letsgobobby
Fri Aug 07, 2015 11:47 pm
Forum: Investing - Help with Personal Investments
Topic: $200k to invest in a taxable account
Replies: 18
Views: 2437

Re: $200k to invest in a taxable account

My answer depends on where the money came from.
by letsgobobby
Fri Aug 07, 2015 6:00 pm
Forum: Investing - Help with Personal Investments
Topic: Get to 2.4 million in 10 years
Replies: 22
Views: 4601

Re: Get to 2.4 million in 10 years

Increasing net worth by $240,000 per year for ten years is very easy. All you have to do is save $240,000 per year.

If you want to save less than that you'll have to take what the markets give you.

I think setting aggressive but realistic goals is a good idea. Good luck in your quest.
by letsgobobby
Fri Aug 07, 2015 5:05 pm
Forum: Personal Consumer Issues
Topic: What's Your Monthly Food/Groceries Spending? My is through the roof?
Replies: 201
Views: 13547

Re: What's Your Monthly Food/Groceries Spending? My is through the roof?

A $200 and $600 budget simply aren't comparable and don't let anyone tell you they are. We could not eat for $400 per month without a major investment in time and major changes in our dietary habits that would deprive us of a great deal of pleasure. It is good to be aware of spending, another thing ...
by letsgobobby
Fri Aug 07, 2015 12:13 pm
Forum: Personal Consumer Issues
Topic: What's Your Monthly Food/Groceries Spending? My is through the roof?
Replies: 201
Views: 13547

Re: What's Your Monthly Food/Groceries Spending? My is through the roof?

Maybe this is one way to put it? The ideal food plan would have four features. It would be cheap, it would be healthy, it would take little time to prepare, and it would have a wide variety of fairly complex dishes. The ideal food plan doesn't exist because you have to pick three of the four. You c...
by letsgobobby
Fri Aug 07, 2015 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Seller conceals known defects: fraud question
Replies: 53
Views: 5632

Re: Seller conceals known defects: fraud question

I haven't understood the whole thread, and am not a lawyer. Question: normally after the inspection finds defects, there is a request from the buyer to the seller to make repairs, and that request has a time limit on it (often 48 hours around here). The seller must respond to the buyer's request, in...

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