Search found 966 matches

Return to advanced search

Re: Retirement Savings Growth exceeds Annual Retirement Expe

At age 41, we hit this. All it took was for us to become a two income family. Prior to that we were living on, paying down debt, and saving a little on one income. The second person went to work and had an income greater than our total expenses till then. We saved all of the second persons income. V...
by rr2
Wed Mar 12, 2014 12:27 am
 
Forum: Personal Finance (Not Investing)
Topic: Retirement Savings Growth exceeds Annual Retirement Expense
Replies: 29
Views: 3126

Re: % of annual income saved compared to final portfolio goa

This also didn't make me feel very good. Then again, I am 25 and just started saving a year ago. I got .02% with a 40%+ savings rate of my after tax income. Maybe I should focus on making a better income! :greedy Or reduce your final portfolio goal ;) Look at the formula and graph linked to in simp...
by rr2
Tue Mar 11, 2014 7:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: % of annual income saved compared to final portfolio goal
Replies: 33
Views: 2729

Re: Android / iPhone app

See this thread requesting tapatalk support for this forum.

viewtopic.php?t=71832

This forum works great on my iPad via Safari. On the iPhone, not so much -- the font is small and you have to scroll a lot.
by rr2
Mon Mar 10, 2014 7:34 pm
 
Forum: Forum Issues and Administration
Topic: Android / iPhone app
Replies: 7
Views: 1752

Re: Do I need hurricane insurance in hawaii

In Hawaii, for single family housing with a mortgage, the lender requires hurricane insurance. Not sure about condos.
by rr2
Mon Mar 10, 2014 3:29 pm
 
Forum: Personal Finance (Not Investing)
Topic: Do I need hurricane insurance in hawaii
Replies: 2
Views: 316

Re: % of annual income saved compared to final portfolio goa

letsgobobby wrote:
grap0013 wrote:So far, 50% of respondents are saving more than 2%. That is very impressive.

Bogleheads are like their own little bell curve on the tail of the bell curve that is America.

Funny. I almost spit out my morning tea. !!
by rr2
Mon Mar 10, 2014 11:51 am
 
Forum: Investing - Help with Personal Investments
Topic: % of annual income saved compared to final portfolio goal
Replies: 33
Views: 2729

Re: Happy fifth birthday! [since the 2008-2009 market crash]

From XIRR, 12.22% (*)

(*) The closest date for which I have reported balances is 1Q2009 (03/31/2009). However, most of the contributions have come after that date.

Portfolio is roughly 60% Stocks.
by rr2
Sun Mar 09, 2014 10:27 pm
 
Forum: Investing - Theory, News & General
Topic: Happy fifth birthday! [since the 2008-2009 market crash]
Replies: 54
Views: 4023

Re: Ahh Missed It! [market timing]

So I'm in my early 30's and have a lot of cash sitting on the sidelines. I want to start to get it into the market, basically taking the passive approach and investing in the CORE FOUR. I want to get my money in the market in phases over the next 12 months. My problem, I feel like I missed out on t...
by rr2
Sun Mar 09, 2014 5:37 pm
 
Forum: Investing - Help with Personal Investments
Topic: Ahh Missed It! [market timing]
Replies: 20
Views: 2815

Re: Invest or pay credit cards

I'm thinking of investing but the wife is insisting on chunking down the credit cards pretty quickly. I'm trying to tell her the cards have zero percent interest and those offers are valid for a good 10-12 more months now question is pay the minimum and invest monthly and pay the credit card balanc...
by rr2
Sun Mar 09, 2014 2:59 am
 
Forum: Investing - Help with Personal Investments
Topic: Invest or pay credit cards
Replies: 11
Views: 495

Re: your lowest exspense ratio fund in 401

CREF Stock -- at 0.49% just a shade under 0.5%.
by rr2
Sun Mar 09, 2014 2:30 am
 
Forum: Personal Finance (Not Investing)
Topic: your lowest exspense ratio fund in 401
Replies: 31
Views: 1649

Re: Portfolio planning, Dubai based Non-US citizen, Trading

My bad. I misunderstood. I assumed incorrectly that you were investing directly with a US Financial institution. In that case, I do not think there will be any issues with taxation etc since the account will be held in the UAE and all transactions conducted there. But, check with a local tax account...
by rr2
Sat Mar 08, 2014 1:20 am
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio planning, Dubai based Non-US citizen, Trading ETFs
Replies: 26
Views: 1885

Re: Portfolio planning, Dubai based Non-US citizen, Trading

Just curious -- is it not possible to invest in Dubai itself. I assume there are plenty of financial institutions in the UAE. It is possible that funds there may be more expensive but I would say that not having to deal with the paperwork in the US regarding taxes. The UAE has 1 ETF and it is incre...
by rr2
Sat Mar 08, 2014 12:56 am
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio planning, Dubai based Non-US citizen, Trading ETFs
Replies: 26
Views: 1885

Re: How Many Funds Do You Have in Taxable?

Just one -- VTWSX. Vanguard Total World Stock Index fund.
by rr2
Sat Mar 08, 2014 12:48 am
 
Forum: Investing - Theory, News & General
Topic: How Many Funds Do You Have in Taxable?
Replies: 97
Views: 5584

Re: Portfolio planning, Dubai based Non-US citizen, Trading

Just curious -- is it not possible to invest in Dubai itself. I assume there are plenty of financial institutions in the UAE. It is possible that funds there may be more expensive but I would say that not having to deal with the paperwork in the US regarding taxes.
by rr2
Sat Mar 08, 2014 12:46 am
 
Forum: Investing - Help with Personal Investments
Topic: Portfolio planning, Dubai based Non-US citizen, Trading ETFs
Replies: 26
Views: 1885

Re: tax-deferred savings vs liquidity

In the long run, it probably doesn't really matter whichever option you choose. I too have a 30 year fixed rate mortgage, even though we can make payments at the 15 year rate. The 3.5% fixed rate for a 30 year mortgage seemed too good to pass up. We are much older than you (mid 40s) and just bought ...
by rr2
Fri Mar 07, 2014 10:42 pm
 
Forum: Personal Finance (Not Investing)
Topic: tax-deferred savings vs liquidity
Replies: 4
Views: 276

Re: tax-deferred savings vs liquidity

Congratulations on the loan payoff!

You are in your late twenties -- get a 15 year mortgage. Pay on schedule and your mortgage will be paid off by the time you are in your mid 40s. Plus you will have a nice sum of money in your retirement accounts.
by rr2
Fri Mar 07, 2014 10:20 pm
 
Forum: Personal Finance (Not Investing)
Topic: tax-deferred savings vs liquidity
Replies: 4
Views: 276

Re: Paying extra directly onto mortgage

The mortgage holder is my father in law and we pay 7.5% interest. Are you deducting this as mortgage interest on you taxes? Is your father in law paying taxes on this interest? If you or your father in law ever get audited I would think that paying an above market interest rate and deducting the in...
by rr2
Fri Mar 07, 2014 9:51 pm
 
Forum: Personal Finance (Not Investing)
Topic: Paying extra directly onto mortgage
Replies: 17
Views: 1649

Re: “Buying on the peaks” can work too!

Nice story. What if this post was written in March 2009?

How much did Bob have in March 2009?
-- under $400k.

Lucky Bob.
by rr2
Fri Mar 07, 2014 12:42 am
 
Forum: Investing - Theory, News & General
Topic: “Buying on the peaks” can work too!
Replies: 10
Views: 2029

Re: Need Help with HUD-1 vs. Form 1098

Doesn't the Closing (Escrow) Agent handle taxes paid etc.? As sscritic says, you need to follow the trail. Did you close locally? Can you talk to the agent? One option: My county tax has a website. I can check when payments were made and for how much. Edit: check IRS Pub 530 and the examples. http:/...
by rr2
Wed Mar 05, 2014 10:55 pm
 
Forum: Personal Finance (Not Investing)
Topic: Need Help with HUD-1 vs. Form 1098
Replies: 9
Views: 415

Re: Beat the S&P 500 with the S&P 500? Not likely

If one wishes to beat the performance of the S&P500 for the year, all one has to do is buy the S&P500 when it is lower than it started the year. There already have been some good opportunities this year to do so (think Feb 3rd for instance). Then one can sit back and relax for the rest of t...
by rr2
Wed Mar 05, 2014 3:42 am
 
Forum: Investing - Theory, News & General
Topic: Beat the S&P 500 with the S&P 500? Not likely.
Replies: 15
Views: 1823

Re: What was your dumbest financial decision?

The dumbest financial decision was when we dealt incorrectly with an unforeseen debt. This put us in a financial hole for many years. This was almost completely due to not seeking good advice. We were reasonably new to this country and we're very young and were total novices when it came to negotiat...
by rr2
Wed Mar 05, 2014 2:47 am
 
Forum: Personal Finance (Not Investing)
Topic: What was your dumbest financial decision?
Replies: 106
Views: 9650

Re: stayed out of the market, what to do now?

Anoop -- Welcome to Bogleheads. Given your savings thus far, I assume you have a high savings rate. Thus, there is probably nothing wrong in proceeding the way you have gone thus far with mostly capital preserving safe investments. Putting enough into I and EE bonds is a strategy that might work for...
by rr2
Wed Mar 05, 2014 2:18 am
 
Forum: Investing - Help with Personal Investments
Topic: stayed out of the market, what to do now?
Replies: 64
Views: 8572

Re: Moving to Australia - what to do about retirement accoun

Isn't the worst case just cashing out? Pay the penalty and income taxes and never think about this issue again. Bold move, but if I was your age (and I am) and never coming back to the US I'd want to simplify as much as possible. In terms of simplicity, there is something to like about this strateg...
by rr2
Mon Mar 03, 2014 9:57 pm
 
Forum: Investing - Help with Personal Investments
Topic: Moving to Australia - what to do about retirement accounts
Replies: 19
Views: 2097

Re: Would you buy Total World index if it had Admiral Shares

VTWSX is our only taxable holding. It would be nice if it had Admiral Shares. We like the simplicity it provides.
by rr2
Thu Feb 27, 2014 2:29 pm
 
Forum: Investing - Theory, News & General
Topic: Would you buy Total World index if it had Admiral Shares?
Replies: 40
Views: 3632

Re: Help with Mortgage-speak!

Thank you very much for the explanation! I think I am understanding, but there is one thing that still does not make sense to me. In my case, I paid the loan due on 3/1 and the payment due on 4/1 on 2/24 and 2/25 respectively. I understand that the entire month's interest is due (essentially) at th...
by rr2
Wed Feb 26, 2014 2:08 pm
 
Forum: Personal Finance (Not Investing)
Topic: Help with Mortgage-speak!
Replies: 27
Views: 1567

Re: Help with Mortgage-speak!

grabiner and tfb have explained very well. You have two choices for an extra payment -- either the amount goes towards principal OR towards next months payment. You can't have both. If you still need further convincing, make a spreadsheet of the principal balance versus interest paid. Points to cons...
by rr2
Wed Feb 26, 2014 2:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: Help with Mortgage-speak!
Replies: 27
Views: 1567

Re: Anyone familiar with this? Bank asking for info...

Recently, we received a letter from TIAA Direct to provide similar information. We have our emergency funds in a savings account there. I did call and provide them this. It wasn't a scam.
by rr2
Fri Jan 17, 2014 2:47 pm
 
Forum: Personal Finance (Not Investing)
Topic: Anyone familiar with this? Bank asking for info...
Replies: 86
Views: 7680

Re: Paying Down CC & Establishing Emergency Fund

Welcome to bogleheads!

Option 1) seems best. Also remember that the Roth can be used as an E-fund as long as it is invested conservatively. I'd also focus on reducing expenses.
by rr2
Tue Nov 26, 2013 6:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Paying Down CC & Establishing Emergency Fund
Replies: 14
Views: 783

Re: Medical bills -- getting the discount without insurance

We might find this doctor's writings highly instructive: (I hope it's okay for me to post this link! He's not selling anything.) What's really interesting is the doctor's perspective on health insurance. They too find dealing with the for-profit insurers frustrating and sometimes bordering on fraud...
by rr2
Tue Nov 26, 2013 5:35 am
 
Forum: Personal Consumer Issues
Topic: Medical bills -- getting the discount without insurance
Replies: 19
Views: 1517

Re: Airline ticket change issue

See page 34 of http://www.united.com/web/format/pdf/Contract_of_Carriage.pdf Rule 24, Section C. C) Change in Schedule - When a Passenger’s Ticketed flight is affected because of a Change in Schedule, UA will, at its election, arrange one of the following: 1) Transport the Passenger on its own fligh...
by rr2
Tue Nov 26, 2013 1:51 am
 
Forum: Personal Consumer Issues
Topic: Airline ticket change issue
Replies: 4
Views: 499

Re: Medical bills -- getting the discount without insurance

I'm glad things worked out, and it certainly doesn't hurt to ask. Just for clarification, there is a reason doctors don't give individual patients the same discount they give insurance companies. The insurance company gives "free marketing" by adding the doctor's name to the list of docto...
by rr2
Mon Nov 25, 2013 4:45 am
 
Forum: Personal Consumer Issues
Topic: Medical bills -- getting the discount without insurance
Replies: 19
Views: 1517

Re: Casio G-Shock

Another recommendation for the Casio F-91W. I got my first one 22 years ago. About ten years ago, one of the holes on the watch where the strap is affixed broke. The replacement watch is still going good. Have replaced batteries once but on the third strap.
by rr2
Sun Nov 24, 2013 2:00 am
 
Forum: Personal Consumer Issues
Topic: Casio G-Shock
Replies: 22
Views: 1354

Re: 2013 Nobel in Economics awarded to Fama, Hansen, and Shi

BobK, Thank you for these links. They provide a nice starting point to further reading. And you are right about Hansen's work. Over at Marginal Revolution there are concise and fairly understandable explanations of the work that netted the prize to Fama, Hansen, and Shiller. Fama - http://marginalre...
by rr2
Mon Oct 14, 2013 12:12 pm
 
Forum: Investing - Theory, News & General
Topic: 2013 Nobel in Economics awarded to Fama, Hansen, and Shiller
Replies: 53
Views: 4847

Re: Rolling over TIAA-CREF Pension Plan Funds (Hawaii)

Can I "rollover" an employer-funded-only 403 TSA pension plan now in my TIAA-CREF account into a "tax qualified" Vanguard Index Fund without any adverse tax consequences? The benefit of having this money now in the pension plan is that any withdrawals are not subject to Hawaii S...
by rr2
Sat Oct 05, 2013 5:55 pm
 
Forum: Investing - Help with Personal Investments
Topic: Rolling over TIAA-CREF Pension Plan Funds (Hawaii)
Replies: 6
Views: 476

Re: Pay down principal before vs after refinancing?

Also when doing a no cost refi, the lender credit (rebate) is a function of the loan amount. Then it would make sense to pay after refi.
by rr2
Wed Oct 02, 2013 7:44 pm
 
Forum: Personal Finance (Not Investing)
Topic: Pay down principal before vs after refinancing?
Replies: 6
Views: 811

Re: I spend 6.1% of my Gross income on rent

I read the title and the OP once again. It is about rent and not mortgage. For those who own their house, the housing cost is the equivalent rent that you would pay for that house.
by rr2
Sun Sep 15, 2013 4:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: I spend 6.1% of my Gross income on rent
Replies: 62
Views: 5755

Re: I spend 6.1% of my Gross income on rent

stan1 wrote:I'd be impressed if you made $50K/year, much less so if you make $250K/year (or more).

Agree with the above. I would think that at lower incomes housing would tend to be a larger fraction than at higher incomes.
by rr2
Sun Sep 15, 2013 3:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: I spend 6.1% of my Gross income on rent
Replies: 62
Views: 5755

Re: Good Real Estate move?

She can't assign partial ownership of the condo to someone else by contract. Ummm, can you explain why not? Let's say I buy a house (everything in my name, etc.) and before closing I meet a lady I'd like to have move in and she wants to contribute to the house in ways having nothing to do with the ...
by rr2
Fri Sep 06, 2013 6:45 am
 
Forum: Personal Finance (Not Investing)
Topic: Good Real Estate move?
Replies: 47
Views: 3324

Re: Good Real Estate move?

I should add.....Dad says this is a great deal, since daughter can't afford the down payment on her own, and she would have to pay equivalent rent anyway on a place to live, so this gives her some ownership, builds a credit rating, and since the alternative is just renting without any equity....you...
by rr2
Thu Sep 05, 2013 1:29 am
 
Forum: Personal Finance (Not Investing)
Topic: Good Real Estate move?
Replies: 47
Views: 3324

Re: Good Real Estate move?

She is making mortgage payments and rent as well. Why?
Am I missing something.
by rr2
Wed Sep 04, 2013 5:38 pm
 
Forum: Personal Finance (Not Investing)
Topic: Good Real Estate move?
Replies: 47
Views: 3324

Re: India Crisis

Feel like INR-USD is finally catching up on inflation difference between India & US. Would be good to see a comparison graph of INR-USD vs Inflation differential - to see how much more correction is due. Somewhat along those lines but also connected to purchasing power parity (PPP), here is a n...
by rr2
Sat Aug 31, 2013 8:41 am
 
Forum: Investing - Theory, News & General
Topic: India Crisis
Replies: 49
Views: 5896

Re: Drying clothes in the sun - worth the hassle?

We live in a place where it rains quite frequently -- like almost everyday. We do have a clothesline outside but it is under a covered porch and gets little direct sun. Clothes also take longer as humidity is quite high :(
by rr2
Mon Aug 26, 2013 4:18 am
 
Forum: Personal Consumer Issues
Topic: Drying clothes in the sun - worth the hassle?
Replies: 86
Views: 6824

Re: "15-Year Fixed Mortgage is Usually Preferable to 30"

(If the bank won't qualify you for a 15-year mortgage because the payments are too high for your income, then you may have to start out with a 30-year and refinance to 10 or 15 years later.) This works if interest rates are going down. My existing 30 year fixed rate mortgage has a lower interest ra...
by rr2
Sat Aug 24, 2013 8:06 am
 
Forum: Investing - Theory, News & General
Topic: "15-Year Fixed Mortgage is Usually Preferable to 30"
Replies: 45
Views: 5300

Re: India Crisis

We had here, in the last 18 months, a number of posters who had: - access to Indian bank accounts - these accounts appeared to pay very high USD interest rates -- as high as 10% I wonder how all that is looking right now? Implications for Investors Those Indian bank accounts were paying high intere...
by rr2
Fri Aug 23, 2013 10:28 pm
 
Forum: Investing - Theory, News & General
Topic: India Crisis
Replies: 49
Views: 5896

Re: i'm thinking [of] retiring in Hawaii ( retired already)

Go to the Big Island of Hawaii. Keep track of every expense, not by listing each one, just track beginning and ending bank balances. In Hilo, for at least a year or two, rent an apartment or an ohana--the Hawaiian version of a mother-in-law apartment adjacent to a family residence. Due to Hawaiian ...
by rr2
Sat Aug 17, 2013 11:02 pm
 
Forum: Personal Consumer Issues
Topic: i'm thinking [of] retiring in Hawaii ( retired already)
Replies: 34
Views: 4541

Re: i'm thinking [of] retiring in Hawaii ( retired already)

can you tell me exactly where and how to find out the government subsidized senior housing to rent or buying looking http://www.howtoliveinhawaii.com/4522/hawaii-senior-citizen-benefits-programs/#affordable From that page: In Hawaii, there are public housing projects that are owned by both the fede...
by rr2
Fri Aug 16, 2013 5:45 pm
 
Forum: Personal Consumer Issues
Topic: i'm thinking [of] retiring in Hawaii ( retired already)
Replies: 34
Views: 4541

Re: Home Affordability - How do you measure payment vs incom

Hi all, I currently make about $150k annually base (bonus target is 15% of salary, but I don't ever budget that), which turns out to be about $6600 every 4 weeks, net of tax, 401k, and other payroll deductions. I use this as my monthly net income, however, as I'm paid every two weeks. Furthermore, ...
by rr2
Thu Aug 15, 2013 10:15 pm
 
Forum: Personal Finance (Not Investing)
Topic: Home Affordability - How do you measure payment vs income?
Replies: 28
Views: 2402

Re: The ever-repeating question: 20% down

Most areas are appreciating an average of 10 % per year. ....... a modest $500,000 house. Appreciating at 10% a year that $500K house would be worth $805K in five years. It will hit a million in a bit more than 7 years. It might be hard for you to afford the house now but as the price increases mor...
by rr2
Wed Aug 14, 2013 11:16 pm
 
Forum: Personal Finance (Not Investing)
Topic: The ever-repeating question: 20% down
Replies: 38
Views: 3408

Re: i'm thinking [of] retiring in Hawaii ( retired already)

There are lot of govt subsidized senior housing on Oahu. You can rent a modest 1 bedroom for $600s a month. They tend to be in newer modest apartments. That seems a lot better bet than buying. OP is 72. At $600 pcm with inflation, figure 15 years out of his/ her $150k. Even then would be able to li...
by rr2
Tue Aug 13, 2013 11:15 am
 
Forum: Personal Consumer Issues
Topic: i'm thinking [of] retiring in Hawaii ( retired already)
Replies: 34
Views: 4541
Next

Return to advanced search