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by ofcmetz
Sun May 17, 2015 11:29 pm
Forum: Investing - Help with Personal Investments
Topic: 457(b) questions with state pension
Replies: 14
Views: 1006

Re: 457(b) questions with state pension

OP, good to see other cops on here. I work with so many cops who work a ton of extra duty and overtime and still never seem to get ahead. That's what is so wonderful about using a tool like the 457B. You have your savings taken out just like taxes and then you could spend the rest and not feel like ...
by ofcmetz
Sun May 17, 2015 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: 457(b) questions with state pension
Replies: 14
Views: 1006

Re: 457(b) questions with state pension

OP, I'm in a similar position as you. The difference being that as a police officer I work a lot of overtime which is not accounted for in my pension calculation or contribution. I contribute to a 457B as well as a ROTH IRA. Our state retirement system is very hit or miss on giving cost of living ad...
by ofcmetz
Sun May 17, 2015 4:55 pm
Forum: Investing - Help with Personal Investments
Topic: Pay off student debt by selling off taxable account assets
Replies: 16
Views: 760

Re: Pay off student debt by selling off taxable account assets

More importantly is that you avoid lifestyle inflation until after you get these debts paid off. Whether you sell some investments now and get started or just pile a lot of your new income into them isn't going to make a huge difference in the long run. Putting off buying the new car, bigger house, ...
by ofcmetz
Sun May 17, 2015 4:47 pm
Forum: Investing - Theory, News & General
Topic: THANK YOU Bogleheads!
Replies: 9
Views: 1655

Re: THANK YOU Bogleheads!

Congrats Culture on reaching your goal! So good to hear success stories like yours.
by ofcmetz
Thu May 14, 2015 6:35 pm
Forum: Investing - Theory, News & General
Topic: Our Mistakes Benefit Future Generations
Replies: 18
Views: 2925

Re: Our Mistakes Benefit Future Generations

Congrats so far and nice article. I am very curious to see how all these robo advisors with index funds do going forward. I'm too much of a do it your self type, but I know many who would be served well by that service.
by ofcmetz
Tue May 12, 2015 11:13 am
Forum: Investing - Theory, News & General
Topic: Are we experiencing a bond correction or crash?
Replies: 34
Views: 5681

Re: Are we experiencing a bond correction or crash?

I agree that bond funds like TBM shouldn't reach the 20% threshold that qualifies as a crash. At least it shouldn't reach this quickly. If we are going back towards more historical interest rates then I'd expect a slow erosion of asset values to be replaced by higher yield. I'm ready to get through ...
by ofcmetz
Fri May 08, 2015 11:35 pm
Forum: Investing - Theory, News & General
Topic: Poll: Increasing international equities
Replies: 70
Views: 5574

Re: Poll: Increasing international equities

I do total market for international mainly because most of our investments are through employer sponsored plans and that is simply the best option. We are at a target of 35% of equities for international. That is the same as last year. I can see doing anywhere from 20 to 50% of equities in internati...
by ofcmetz
Wed May 06, 2015 1:11 pm
Forum: Personal Finance (Not Investing)
Topic: If I Knew Then What I Know Now
Replies: 61
Views: 12229

Re: If I Knew Then What I Know Now

I just found this thread and really enjoyed reading it. Even the 35 year old me can get something from it. Thank you for taking the time to share it with us and Geaux Tigers.
by ofcmetz
Tue May 05, 2015 10:26 pm
Forum: Investing - Theory, News & General
Topic: Omaha this weekend
Replies: 29
Views: 2625

Re: Omaha this weekend

Tickets are on sale for the College World Series. Hey, it's at TD Ameritrade Park. I went to the CWS in 2012. We stayed in the old market area for 12 wonderful nights at a condo we rented. It's still the best vacation we've ever taken even though our hometown LSU didn't quite make it. The Buffett p...
by ofcmetz
Thu Apr 30, 2015 8:23 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Total Bond Market Index [Exp.Ratio] now only 0.07%
Replies: 20
Views: 3796

Re: Vanguard Total Bond Market Index [Exp.Ratio] now only 0.

My small cap index admiral shares also shed a basis point in ER. Maybe ER's can go negative like European bond yields and the funds can pay us to invest. :sharebeer
by ofcmetz
Thu Apr 30, 2015 8:17 pm
Forum: Investing - Theory, News & General
Topic: Vanguard's CEO on what has changed and what hasn't.
Replies: 4
Views: 1218

Re: Vanguard's CEO on what has changed and what hasn't.

Thanks for posting and calling my attention to this article. It was an interesting read. Today, there are roughly 20 million investors who have entrusted more than $3 trillion to us. That is a staggering level of trust, and we have to work hard each and every day to be worthy of it. More broadly, I ...
by ofcmetz
Mon Apr 20, 2015 12:16 pm
Forum: Investing - Help with Personal Investments
Topic: Am I saving too much for retirement?
Replies: 27
Views: 4794

Re: Am I saving too much for retirement?

I don't think you are saving too much. I would continue to save as so much is unknown at this point. Also, it will keep you from needing as much in retirement as you are used to living less. If you already had a few million saved then my answer might be different.
by ofcmetz
Mon Apr 13, 2015 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: Household Gross Income Poll
Replies: 134
Views: 12872

Re: Household Gross Income Poll

I found the poll and resulting thread interesting. Luck is involved yes, but hard work helps as well. I'd much rather talk to someone who is richer than me about gaining wealth than someone who isn't. That's why I come to this forum rather than asking my broke coworkers questions about investing and...
by ofcmetz
Thu Apr 09, 2015 8:48 am
Forum: Investing - Theory, News & General
Topic: The $1 Million Goal: Source of Motivation or Discouragement?
Replies: 172
Views: 16436

Re: The $1 Million Goal: Source of Motivation or Discouragem

When I was 25 I decided that I wanted me to be a millionaire by the time I was 40 (I'm married so the goal is for two people combined which is a bit more attainable). A million seemed like a lot and I wanted to set the bar high. It motivated me to start learning about investing and finance. As I lea...
by ofcmetz
Mon Apr 06, 2015 6:33 am
Forum: Investing - Theory, News & General
Topic: Did you learn anything from 2008?
Replies: 105
Views: 9058

Re: Did you learn anything from 2008?

I learned that being distracted from the financial news will keep one from making detrimental mistakes. The birth of my daughter in the middle of the year and a severe hurricane (Gustav) in the latter part of the year kept me too preoccupied to make any changes to my investments. Investments on auto...
by ofcmetz
Mon Apr 06, 2015 6:26 am
Forum: Investing - Theory, News & General
Topic: Bored -- wondering about day trading for fun
Replies: 61
Views: 5951

Re: Bored -- wondering about day trading for fun

Bored, try playing Hearthstone on your computer or tablet. Get on this site at the same time and read threads while posting when you can help out. I would rather bring that 1K to the casino than day trade with it.
by ofcmetz
Sat Mar 21, 2015 12:10 am
Forum: Personal Finance (Not Investing)
Topic: What Age Did You First Ponder Financial Independence?
Replies: 74
Views: 7607

Re: What Age Did You First Ponder Financial Independence?

In my mid 20's I was introduced to the concept while driving in my police car and listening to Bob Brinker. I remember his term for it was critical mass.
by ofcmetz
Sat Mar 21, 2015 12:07 am
Forum: Personal Finance (Not Investing)
Topic: Which credit union are you a member of?
Replies: 60
Views: 5240

Re: Which credit union are you a member of?

Due to an LSU connection I have, I've used Campus Federal Credit Union for many years.
by ofcmetz
Fri Mar 20, 2015 9:56 am
Forum: Investing - Theory, News & General
Topic: John Bogle's Don't Peek Challenge
Replies: 149
Views: 13498

Re: John Bogle's Don't Peek Challenge

Have you taken a report for the latest string of calls for IRS issues? How about fake Veterans of America looking for handouts? - that one really ticks me off. Also, the fake benevolent Detectives Association of (insert your state name here) - another one that ticks me off. ^ all of the above and m...
by ofcmetz
Thu Mar 19, 2015 12:12 am
Forum: Investing - Theory, News & General
Topic: John Bogle's Don't Peek Challenge
Replies: 149
Views: 13498

Re: John Bogle's Don't Peek Challenge

I think people should check their bank accounts online every few days for fraud. It happens more often than people think based on the reports we take at work. I've never taken a report for an investment account theft. I update my investment spreadsheets every week, but think that once a month would ...
by ofcmetz
Thu Mar 19, 2015 12:04 am
Forum: Investing - Theory, News & General
Topic: Vanguard - The New Bond King - WSJ
Replies: 27
Views: 4474

Re: Vanguard - The New Bond King - WSJ

Kind of cool that they still spend time on the phone trading bonds. Also, I liked that he wanted people to know that the fund was not run by computers. :D Good stuff.
by ofcmetz
Fri Mar 13, 2015 11:51 pm
Forum: Investing - Theory, News & General
Topic: How much international is too much?
Replies: 113
Views: 9922

Re: How much international is too much?

I think 80% of equities in international is too much.

I'm at 35% equities, but could see being 51% or less. OP, don't get carried away with your idea. If you decide that you want to make bets then take a little money and go find a poker table in the casino.
by ofcmetz
Wed Mar 11, 2015 10:43 am
Forum: Investing - Theory, News & General
Topic: Should Vanguard Offer A Low Minimum Fund?
Replies: 31
Views: 2591

Re: Should Vanguard Offer A Low Minimum Fund?

Seems like when I first opened my ROTH IRA, the minimum for Target funds was still $3,000 and the STAR was the only fund that cost $1,000. To buy additional shares you had to purchase at least $100 worth. Now that they have lowered the Target fund minimum to $1,000 and let you buy additional shares ...
by ofcmetz
Wed Mar 11, 2015 10:32 am
Forum: Investing - Theory, News & General
Topic: If 2% is real, we are . . . . ?
Replies: 63
Views: 6671

Re: If 2% is real, we are . . . . ?

It's one person's educated guess that it will be 2% real. My take from it is that we shouldn't expect the returns that we've had over the past few years on equities. I think some people may be tempted to slack off on saving or maybe take more than they should from their portfolios due to the excelle...
by ofcmetz
Tue Mar 10, 2015 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Retirement Option Question- SORRY LONG AND DETAILED
Replies: 9
Views: 1791

Re: Retirement Option Question- SORRY LONG AND DETAILED

OP, I'm a 16 year veteran police officer who has had to make similar decisions over the years. I work for a state agency that participated in the normal state DB plan during my early career. About 11 years in, we were moved to a police only state plan with better benefits. I moved in my years and up...
by ofcmetz
Tue Mar 10, 2015 10:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Quarterly Dividends in March
Replies: 5
Views: 1512

Re: Vanguard Quarterly Dividends in March

Also, be aware that when a fund pays a distribution, its share price may drop that day, even if the broader market rises.


^ Sure to catch many by surprise.

Thanks for the link OP.
by ofcmetz
Tue Mar 10, 2015 10:34 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 1279
Views: 249509

Re: U.S. stocks in freefall

It was just a one day freefall. It's been a many year free rise. Buying at the time this thread started made some people some money for sure.

I also wonder what happened to the OP. This thread does live on without him.
by ofcmetz
Wed Mar 04, 2015 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: How to handle a defined benefit pension plan
Replies: 12
Views: 1523

Re: How to handle a defined benefit pension plan

I don't think overseeing a bit right now is that bad. You can always adjust things later on if you find you are accumulating too much or once you are sure she will get the pension. Remember, pension's could change or she could find another job. Then there is one's health to consider. I almost had to...
by ofcmetz
Wed Mar 04, 2015 9:50 am
Forum: Investing - Help with Personal Investments
Topic: How to handle a defined benefit pension plan
Replies: 12
Views: 1523

Re: How to handle a defined benefit pension plan

I have a DB plan and I never counted it in my AA at all. To me it's an income stream, just like SS is and just like the money you will draw from your portfolio. I set my portfolio's AA to match my need, ability and willingness to take risk. I would not count a DB plan as part of an investment portf...
by ofcmetz
Wed Mar 04, 2015 2:16 am
Forum: Personal Finance (Not Investing)
Topic: Tom Stanley-Millionaire Next Door Author Killed in Auto Acci
Replies: 76
Views: 12681

Re: Tom Stanley-Millionaire Next Door Author Killed in Auto

RIP Dr. Stanley. I read his classic in 2005 and it really changed the way I thought about money and wealth. I have since enjoyed the rest of his fine books. One really feels that they have gotten to know an author after reading many of their works. So it is with sadness that I write this. Hopefully ...
by ofcmetz
Wed Mar 04, 2015 1:31 am
Forum: Investing - Help with Personal Investments
Topic: How to handle a defined benefit pension plan
Replies: 12
Views: 1523

Re: How to handle a defined benefit pension plan

Since its still a long way off until she even knows if she will retire or not using the pension, I'd recommend the amount in it count towards your family's portfolio fixed income allocation. If she quits in the next few years, you could just roll that money into an IRA invested in the appropriate bo...
by ofcmetz
Wed Feb 25, 2015 8:51 am
Forum: Personal Finance (Not Investing)
Topic: How much did you have saved up for retirement at age 30?
Replies: 173
Views: 14310

Re: How much did you have saved up for retirement at age 30?

I just checked the old spread sheet. Looks like we had a $75K portfolio and a $217K net worth when I turned 30 in the year 2009. This was a his and hers number combined so you could divide those numbers in half I suppose. We all will have our own numbers and the important thing is to be living below...
by ofcmetz
Fri Feb 20, 2015 9:37 am
Forum: Personal Finance (Not Investing)
Topic: 2 comma club (my way)!!
Replies: 49
Views: 8182

Re: 2 comma club (my way)!!

I'm already working on my second million. The first was so hard to get, that I gave up and just started working on the second.

Seriously, congrats on reaching such a fun milestone.
by ofcmetz
Wed Feb 11, 2015 6:35 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 512
Views: 77573

Re: Boglehead Beer

I have a new top 5 beer. It's just phenomenal. Breakside Brewing IPA. Been around a bit, but I had never tried it. On tap in the Couve at Gustav's for $3 for an imperial pint (or something - bigger than a pint). Available in the bottle in WA, OR, and HI, and of course on tap at the brewery on Dekum...
by ofcmetz
Tue Feb 10, 2015 9:32 am
Forum: Investing - Theory, News & General
Topic: Bill Gross majority shareholder in his own fund?
Replies: 20
Views: 1528

Re: Bill Gross majority shareholder in his own fund?

I'm proud of him for putting a bunch of his own money into his fund. I think fund mangers should have the majority of their own money in the funds they manage
by ofcmetz
Sun Feb 08, 2015 5:17 am
Forum: Personal Finance (Not Investing)
Topic: Time within which employer must remit 401(k) contribution
Replies: 46
Views: 3190

Re: Time within which employer must remit 401(k) contributio

Between me and the wife we contribute to four different employer plans. We both get paid bi-weekly. I honestly don't think it matters much in the long run as long as it takes less than a month. His 457B takes between the day before payday (yes, it's weird but that sometimes happens) and 4 weeks afte...
by ofcmetz
Sun Feb 08, 2015 5:05 am
Forum: Investing - Theory, News & General
Topic: FI: Total Bond Market or Intermediate Fund?
Replies: 19
Views: 2745

Re: FI: Total Bond Market or Intermediate Fund?

All of my fixed income is divided up between the Vanguard Intermediate Term Bond Index Fund and the TIAA Traditional fund. I went for the Intermediate due to its lack of mortgage backed securities and its constant 50/50 split between treasuries and corporates issues.
by ofcmetz
Tue Feb 03, 2015 10:18 pm
Forum: Investing - Help with Personal Investments
Topic: TIAA CREF jump in fees
Replies: 11
Views: 1294

Re: TIAA CREF jump in fees

Maybe you can find out if your agency is close to the $20 million mark in assets. It's a pretty serious reduction in fees past that point. My agency is considered R2 and apparently has something between $20 million and $400 million. Since I only uses the Real Estate and Traditional funds, I won't be...
by ofcmetz
Tue Feb 03, 2015 9:53 pm
Forum: Personal Finance (Not Investing)
Topic: Cash Back Credit Cards
Replies: 90
Views: 15184

Re: Cash Back Credit Cards

We use the Fidelity AmEx 2% card anywhere they take AmEx. I've had a Chase Sapphire Visa card (2% on dining and travel, 1% on everything else) since they came out, and it's my backup for those occasions that the AmEx isn't good. I've found that none of the Chinese restaurants around my work will tak...
by ofcmetz
Tue Feb 03, 2015 9:36 pm
Forum: Investing - Theory, News & General
Topic: How do you "Stay the Course"?
Replies: 71
Views: 7082

Re: How do you "Stay the Course"?

Steadfast wrote:I am a slave to my IPS.

It is sometimes a cruel master.



This works for me as well. I've gotten pretty good a referring back to my written IPS whenever I'm tempted to stray from the plan. I've put this same magic to work with my diet as well.
by ofcmetz
Wed Jan 21, 2015 10:45 pm
Forum: Investing - Theory, News & General
Topic: Pick Your Poison [Vanguard vs. American Funds]
Replies: 24
Views: 3705

Re: Pick Your Poison [Vanguard vs. American Funds]

So far all 50 votes for the index fund. nice!
by ofcmetz
Tue Jan 20, 2015 1:18 pm
Forum: Investing - Theory, News & General
Topic: Poll: Your Max. REIT Allocation
Replies: 56
Views: 5287

Re: Poll: Your Max. REIT Allocation

I'm have about 11% of my portfolio in the TIAA Real Estate fund right now. My target allocation for that fund is 10%. It contains a bit of REITS as well as my small cap index funds.
by ofcmetz
Tue Jan 20, 2015 1:14 pm
Forum: Investing - Theory, News & General
Topic: Bored when market is closed
Replies: 28
Views: 2218

Re: Bored when market is closed

Maybe go to a casino or something. I find playing poker to be more fun than staring at the meaningless up and down movements of stock indices during the day. Of course I have been playing my son's 3DS when he is in school. Also a better way to cure boredom.
by ofcmetz
Mon Jan 19, 2015 10:47 am
Forum: Investing - Theory, News & General
Topic: Suze Orman: $100 into $860k, and cfiresim
Replies: 47
Views: 5419

Re: Suze Orman: $100 into $860k, and cfiresim

I can easily see saving $5 a day for lunch (at work). I go out and spend $8 on average during the week. Back when I first started my engineering career, I'd start the week putting a pack of hot dogs into the lab refrigerator and a pack of buns on top. Cost $2 in 1985. That was my lunch for the week...
by ofcmetz
Thu Jan 15, 2015 1:02 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 1279
Views: 249509

Re: U.S. stocks in freefall

At least one guy (former CIA agent or something) is forecasting that the market could drop 70% in one day. That would be a doozy wouldn't it? I think the biggest one-day drop in history was about 25% back in 1987. I guess anything is possible. I wonder what most of us would do if that actually happ...
by ofcmetz
Thu Jan 15, 2015 12:43 am
Forum: Investing - Help with Personal Investments
Topic: Expenses vs profit
Replies: 4
Views: 479

Re: Expenses vs profit

Comparing those two funds makes no sense. The 500 fund is very diversified and should be expected to move less either up and down than the healthcare fund. The healthcare fund is super concentrated in only one sector is is much more risky. I'd make sure it is a very small portion of your total portf...
by ofcmetz
Thu Jan 15, 2015 12:37 am
Forum: Investing - Help with Personal Investments
Topic: 1st time 401K - Need advice & helps!
Replies: 14
Views: 948

Re: 1st time 401K - Need advice & helps!

I have one more question, all of the Spartan funds which are available to me, all of them are Fidelity Advantage Class. I saw minimum investment for each of those funds are at least $10,000. Since this will be the 1st time I'm building up my 401k ($0 balance in 401K), am I still eligible to use the...
by ofcmetz
Thu Jan 15, 2015 12:32 am
Forum: Investing - Help with Personal Investments
Topic: Finally joined the two comma club
Replies: 42
Views: 6356

Re: Finally joined the two comma club

Congrats vv. Well done!
by ofcmetz
Thu Jan 08, 2015 9:30 am
Forum: Investing - Theory, News & General
Topic: Fidelity Customers, What Do You Hold at FIDO?
Replies: 43
Views: 4384

Re: Fidelity Customers, What Do You Hold at FIDO?

Fidelity is only for my taxable investments. I only hold the Spartan Total Market Index there. I find their new website easy to use and have had no negative issues.
by ofcmetz
Tue Jan 06, 2015 6:52 am
Forum: Investing - Theory, News & General
Topic: 2015 Predictions: Most Popular Topics
Replies: 38
Views: 2544

Re: 2015 Predictions: Most Popular Topics

Is Livesoft a bot created by Taylor in his lab?

or

why not 100% in oil?

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