Search found 2448 matches

by simplesimon
Thu Aug 27, 2015 9:40 am
Forum: Investing - Theory, News & General
Topic: Don't Sell on the Dips
Replies: 7
Views: 1503

Re: Don't Sell on the Dips

I doubt many people have this as a strategy - selling at $95 and buying at $97.85 - but point taken that in reality, this is what typically happens.
by simplesimon
Sun Aug 23, 2015 4:14 pm
Forum: Investing - Help with Personal Investments
Topic: TLH first timer needs your advice
Replies: 5
Views: 428

Re: TLH first timer needs your advice

My taxable holdings are Total International and I plan to TLH into FTSE All-World ex-US.
by simplesimon
Tue Aug 11, 2015 6:06 pm
Forum: Personal Finance (Not Investing)
Topic: Your First Job
Replies: 113
Views: 6576

Re: Your First Job

My first paying job was as a bag boy at a local grocery store when I was 16 years old. I learned a lot about the different kinds of people there are in this world.
by simplesimon
Mon Aug 10, 2015 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Boston area housing. Is it wise to buy now or wait?
Replies: 8
Views: 935

Re: Boston area housing. Is it wise to buy now or wait?

I'm in a similar situation - I think it just depends. What's the expected PITI you'll be paying for the house you want? How long do you think you'll live there? It may help to think of any potential lost opportunity cost as paying for the intangible/non-monetary reasons to buy a house e.g. being an ...
by simplesimon
Wed Aug 05, 2015 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Hourly Based Adviser in Boston Area
Replies: 9
Views: 568

Re: Hourly Based Adviser in Boston Area

Hi Brantley, I sent you a PM.
by simplesimon
Wed Aug 05, 2015 9:16 am
Forum: Investing - Help with Personal Investments
Topic: Not many good [401(k)] options at work...
Replies: 8
Views: 479

Re: Not many good options at work...

Lol, thank you for the correction. I guess i meant quantity of options was not as large as through Fidelity/Vanguard. Is there any benefit to contributing 100% of the 401k funds to Vanguard Institutional Index fund then covering International and Bonds with my other non-401k accounts, or should acc...
by simplesimon
Wed Aug 05, 2015 8:54 am
Forum: Investing - Help with Personal Investments
Topic: Not many good [401(k)] options at work...
Replies: 8
Views: 479

Re: Not many good options at work...

Correction - Great options at work. For bond portion: Vanguard Total Bond Index Fund For domestic equity portion: 75% Vanguard Institutional Index Fund (ultra-low cost share class of Vanguard's SP500 fund) and 25% Vanguard Extended Market Fund For international equity portion: Vanguard Institutional...
by simplesimon
Mon Aug 03, 2015 1:00 pm
Forum: Personal Consumer Issues
Topic: What's Your Monthly Food/Groceries Spending? My is through the roof?
Replies: 201
Views: 13912

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

We keep our diets boring 85% of the time. Groceries for two 30-year old adults in greater Boston area comes out to about $400/month. I do all the grocery shopping and keep minimal packaged/processed foods in the apartment. There's a lot of meat (bought fresh in bulk then divvied up and frozen), eggs...
by simplesimon
Wed Jul 15, 2015 8:31 pm
Forum: Investing - Theory, News & General
Topic: Productivity and Pay
Replies: 9
Views: 731

Re: Productivity and Pay

Technology plays a big role in creating more production per unit time.
by simplesimon
Fri Jun 19, 2015 2:39 pm
Forum: Personal Consumer Issues
Topic: New to Golf
Replies: 45
Views: 5034

Re: New to Golf

Timely and relevant post! My fiance and I are taking group lessons together. I've "golfed" (i.e. hit hundreds, if not thousands of balls at the driving range) over the last five years. She grew up playing ball sports like tennis and softball so she was able to make consistent contact with ...
by simplesimon
Thu Apr 16, 2015 7:31 am
Forum: Personal Consumer Issues
Topic: Boston Marathon - Hotel Plan?
Replies: 25
Views: 2294

Re: Boston Marathon - Hotel Plan?

My friend had an apartment right by Kenmore Square so our group was lucky enough to be able to watch the race one mile from the finish line two years ago.

This is what it looked like when the Red Sox game got out.

Image
by simplesimon
Wed Apr 08, 2015 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: Nailed it! $223,199/yr: magic# for making it in SF Bay Area
Replies: 117
Views: 13006

Re: Nailed it! $223,199/yr: magic# for making it in SF Bay A

Thanks for starting the thread. I grew up in San Jose and went to a public school. My immigrant parents made about 80-90k household income in today's dollars (three full-time, unskilled jobs). Their cost of living very low these days and they're healthy (ages 64 and 59). I chuckled at the comment ab...
by simplesimon
Thu Jan 22, 2015 12:26 pm
Forum: Personal Finance (Not Investing)
Topic: Figuring out my parent's retirement
Replies: 15
Views: 1869

Re: Figuring out my parent's retirement

I didn't specify a SS plan because I was hoping to get some advice here. It would appear that my father taking SS at 70 would be the best move. I also am not sure how my mother should proceed, I'm guessing SSDI would be best. As for portfolio asset allocation, my folks are pretty risk averse. As I m...
by simplesimon
Wed Jan 21, 2015 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: Figuring out my parent's retirement
Replies: 15
Views: 1869

Re: Figuring out my parent's retirement

They haven't taken SSDI, but qualify for it. They are both working. My questions were about what might be the best course of action for them given their current situation. Based on their expenses, one could say they should retire right now. They want to keep working through 2017, which would make my...
by simplesimon
Wed Jan 21, 2015 1:37 pm
Forum: Personal Finance (Not Investing)
Topic: Figuring out my parent's retirement
Replies: 15
Views: 1869

Re: Figuring out my parent's retirement

No I don't think they can do that. Once they hit full retirement age, I believe SSDI will categorically just be called regular SS.
by simplesimon
Wed Jan 21, 2015 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Figuring out my parent's retirement
Replies: 15
Views: 1869

Re: Figuring out my parent's retirement

House is paid off - about $6k/yr in property taxes. Food - about $500/month I think Health and Travel are the biggest variables here. $500/month for health insurance through my father's company post-retirement. Again, I don't know the details but I'm assuming their current coverage is maintained. $3...
by simplesimon
Wed Jan 21, 2015 10:28 am
Forum: Personal Finance (Not Investing)
Topic: Figuring out my parent's retirement
Replies: 15
Views: 1869

Re: Figuring out my parent's retirement

Additional information that would be helpful in terms of advising would be how much of their portfolio is in taxable, tax deferred, and Roth. Is there some inflation adjustment with respect to their pensions? The portfolio, which excludes the cash checking account, is about 20% taxable, 40% tax def...
by simplesimon
Thu Jan 15, 2015 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Figuring out my parent's retirement
Replies: 15
Views: 1869

Figuring out my parent's retirement

I've always used this forum to figure out my own savings and investment philosophy as an accumulator, but one thing I haven't totally figured out is how to decumulate. My parents aren't particularly savvy when it comes to personal finance but what they have going for them is that they're frugal and ...
by simplesimon
Mon Jan 05, 2015 10:59 am
Forum: Investing - Theory, News & General
Topic: Was it a mistake to move into PenFed 5-year CDs a year ago?
Replies: 55
Views: 5490

Re: Was it a mistake to move into PenFed 5-year CDs a year a

The person doesn't understand the trade-offs between a CD and a bond fund.
by simplesimon
Tue Dec 09, 2014 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Have you ever been let go?
Replies: 74
Views: 6298

Re: Have you ever been let go?

29 years old, five weeks of true unemployment with an additional two weeks between signing the new offer and the official start date. It felt very bad at the time, but I landed in a role that was essentially a promotion - better pay, better hours, better company, better people. I reached out to my n...
by simplesimon
Sun Dec 07, 2014 2:14 pm
Forum: Personal Consumer Issues
Topic: Family jewels, kind of.
Replies: 44
Views: 3695

Re: Family jewels, kind of.

Thanks for taking the time for your input everybody. Greatly appreciated.
by simplesimon
Sat Dec 06, 2014 11:39 pm
Forum: Personal Consumer Issues
Topic: Family jewels, kind of.
Replies: 44
Views: 3695

Re: Family jewels, kind of.

I agree in that I believe they think they are doing me a big favor because I'd be buying it "at cost" so it must be a big discount. I also think that they have these diamonds in the hope that their only daughter will have one on her ring someday, but I'm not sure how strongly they feel abo...
by simplesimon
Sat Dec 06, 2014 6:08 pm
Forum: Personal Consumer Issues
Topic: Family jewels, kind of.
Replies: 44
Views: 3695

Re: Family jewels, kind of.

As a wife and former fiance, I can tell you I have never worried about putting my diamond ring under a microscope to check for clarity. It is the sentiment and setting that matters far more to me. I also was delighted with the ring/setting my husband chose (as a surprise). It is perfect. Love the n...
by simplesimon
Sat Dec 06, 2014 5:18 pm
Forum: Personal Consumer Issues
Topic: Family jewels, kind of.
Replies: 44
Views: 3695

Re: Family jewels, kind of.

The surprise would pertain to the timing of the proposal. If she knows that I've spoken to her parents then she'll know that a proposal is coming soon. But point taken about whether or not the diamonds staying in the family mean anything to her. My feeling is it doesn't. Her folks told me that they ...
by simplesimon
Sat Dec 06, 2014 4:14 pm
Forum: Personal Consumer Issues
Topic: Family jewels, kind of.
Replies: 44
Views: 3695

Re: Family jewels, kind of.

I want to add that while I know a bit about how the diamond market works, I'm almost certain they don't. I'm not about to explain the industry to them to justify not wanting to buy a diamond from them.
by simplesimon
Sat Dec 06, 2014 4:08 pm
Forum: Personal Consumer Issues
Topic: Family jewels, kind of.
Replies: 44
Views: 3695

Re: Family jewels, kind of.

My girlfriend mentioned that her parents have diamonds but didn't sound set on having those in particular. She mentioned this was back when we discussed marriage and when I said I wanted her to tell me what kind of setting she wanted. Since I want the proposal timing to be a bit of a surprise, I hav...
by simplesimon
Sat Dec 06, 2014 3:41 pm
Forum: Personal Consumer Issues
Topic: Family jewels, kind of.
Replies: 44
Views: 3695

Family jewels, kind of.

So I asked my girlfriend's parents for their blessing for marriage. They gave it to us and were very happy for us. Later they told me that they happen to have a few diamonds in a security box if I wanted to purchase them for what they purchased them for in 1999. They sent me the appraisals for them ...
by simplesimon
Thu Dec 04, 2014 1:31 pm
Forum: Investing - Theory, News & General
Topic: Update: 6 years into Buffett's Bet With Hedge Funds
Replies: 24
Views: 3129

Re: Update: 6 years into Buffett's Bet With Hedge Funds

Just to keep the discussion real, I fail to think of a circumstance where taking 20% of gains could generate 379 in fees with only 70 going to investors. I suppose its possible if overall returns are very low and you take the 2% fees into account. Just did some quick back of the napkin math so corr...
by simplesimon
Wed Dec 03, 2014 4:33 pm
Forum: Personal Consumer Issues
Topic: GMAT prep
Replies: 28
Views: 2233

Re: GMAT prep

All I used was the GMAC study book and spent 2 hours per day every day after work studying. I alternated between verbal and math. What I did was run through a whole bunch of practice problems and went back to the ones I got wrong and figured out why I got it wrong. Rinse and repeat for 2 months. For...
by simplesimon
Mon Dec 01, 2014 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Helping adult child understand investing
Replies: 38
Views: 3634

Re: Helping adult child understand investing

It doesn't sound like she wants to read and do it herself. She wants an adviser that isn't you. I'd research advisers in the area that have Boglehead philosophies and fair pricing structures and recommend that she meet with them. I know at least one adviser that does video conferencing so that they ...
by simplesimon
Fri Oct 03, 2014 9:05 am
Forum: Investing - Theory, News & General
Topic: 2014 Harvard U. Annual Endowment Report
Replies: 14
Views: 2553

Re: 2014 Harvard U. Annual Endowment Report

Thanks for posting! 1) Look at that chart of 20-year "growth of $1,000", particularly the total return of the 60/40 portfolio. 2) Read their discussion of performance for investments in publicly traded securities. I know I'm preaching to the choir, but how can so many average investors sti...
by simplesimon
Fri Aug 29, 2014 7:50 am
Forum: Investing - Theory, News & General
Topic: Poor Janus, a look at this once high flying fund family
Replies: 72
Views: 8719

Re: Poor Janus, a look at this once high flying fund family

Isn't saying the funds performed in the 97th or 94th percentile mean they did better than 96% and 94% of funds, respectively?
by simplesimon
Thu May 29, 2014 9:57 am
Forum: Personal Finance (Not Investing)
Topic: TaxAct - amending 2012 return
Replies: 2
Views: 337

Re: TaxAct - amending 2012 return

I ended up paying the $14 fee and the process was relatively painless and the 1040X generated looks good. I couldn't seem to get it to generate the Form 8606 I needed so I had to go do that part myself.
by simplesimon
Wed May 28, 2014 2:01 pm
Forum: Personal Finance (Not Investing)
Topic: TaxAct - amending 2012 return
Replies: 2
Views: 337

TaxAct - amending 2012 return

I got a notice from the IRS saying I owed them some money. After doing some research and looking at what I filed via TaxAct last year, I realized a) I needed to file a form 8606 for a partial Roth IRA recharacterization and b) I actually over-stated the taxable amount of the Roth conversion and shou...
by simplesimon
Thu May 15, 2014 11:39 am
Forum: Investing - Theory, News & General
Topic: Books for someone who is not that interested
Replies: 48
Views: 4410

Re: Books for someone who is not that interested

I second (or fourth now I guess) Ramit Sethi's I Will Teach You To Be Rich.

A young coworker who just graduated college and started at my company asked me about personal finance and this is what I recommended to him.
by simplesimon
Wed May 07, 2014 2:09 pm
Forum: Personal Finance (Not Investing)
Topic: Any benefit to a prenup for us?
Replies: 59
Views: 4731

Re: Any benefit to a prenup for us?

Not to hijack the thread, but to the lawyers and statisticians: are couples more likely to get divorced when a pre-nup has been signed?
by simplesimon
Thu Apr 10, 2014 7:48 am
Forum: Local Chapters and Bogleheads Community
Topic: I saw a "Boglehead" on my flight yesterday!
Replies: 65
Views: 13110

Re: I saw a "Boglehead" on my flight yesterday!

I took an investments course with the illustrious Zvi Bodie who has posted on this forum.

My macroeconomics professor David Griswold, who runs his own financial planning shop, had the Bogleheads book on the shelf in his office. Legitimized the whole operation in my eyes!
by simplesimon
Thu Jan 02, 2014 4:16 pm
Forum: Investing - Help with Personal Investments
Topic: When to invest $5,500 in Roth IRA in 2014?
Replies: 53
Views: 6047

Re: When to invest $5,500 in Roth IRA in 2014?

With the way the market's performed, 70% of my $5,500 contribution is going into total bond fund because of rebalancing. Stick with your plan.
by simplesimon
Tue Dec 17, 2013 2:23 pm
Forum: Personal Consumer Issues
Topic: Mega Millions jackpot to $636 million
Replies: 82
Views: 4410

Re: Mega Millions jackpot to $636 million

Probably not. But I did hear in one news report, that the more people buy tickets, that the odds get worse. Doesn't the odds remain the same no matter how many people buy a lottery ticket? They probably meant that the likeliness of splitting the jackpot with another party w/ a winning ticket goes u...
by simplesimon
Fri Dec 13, 2013 9:04 am
Forum: Personal Finance (Not Investing)
Topic: New company health plan, seeking advice
Replies: 10
Views: 617

Re: New company health plan, seeking advice

I am in my sixth year with an HSA and haven't withdrawn a dollar from it. The HSA is now large enough that I have a brokerage account with a stock ETF, and I'll probably make another purchase in that brokerage account once I make a big contribution next January. Do you keep your bills/receipts in a...
by simplesimon
Thu Dec 12, 2013 9:54 am
Forum: Personal Finance (Not Investing)
Topic: New company health plan, seeking advice
Replies: 10
Views: 617

Re: New company health plan, seeking advice

Thanks all. I think I'll charge it to my CC and then get reimbursement to get the rewards.
by simplesimon
Wed Dec 11, 2013 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: New company health plan, seeking advice
Replies: 10
Views: 617

Re: New company health plan, seeking advice

My concern with saving the receipts is that I might lose them via fire, theft, or my own stupidity.
by simplesimon
Wed Dec 11, 2013 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: New company health plan, seeking advice
Replies: 10
Views: 617

New company health plan, seeking advice

My company is switching to a new health plan that is an HDHP and had us open an HSA. My plan has a $1500 deductible. The company fully funds the $3300/yr in the HSA. I'm 28, healthy, and don't expect many medical expenses except for the usual health, dental, vision check-ups. I contribute the max in...
by simplesimon
Fri Dec 06, 2013 3:51 pm
Forum: Investing - Theory, News & General
Topic: "The 'Wal-Mart of the ETF World is Raking in the Assets"
Replies: 20
Views: 3147

Re: "The 'Wal-Mart of the ETF World is Raking in the Assets"

Did not know the structure of ETF's being a separate share class of the mutual funds to create economies of scale was actually patented. That sounds like a huge first-mover advantage.
by simplesimon
Wed Dec 04, 2013 9:16 am
Forum: Investing - Help with Personal Investments
Topic: New 401k - Advice
Replies: 6
Views: 408

Re: New 401k - Advice

Or just contribute what you can afford early and if you hit max before the end of the year, then save the leftover for a rainy day. I assume you maxed your IRA/Backdoor-ROTH as well, right? About 50% of my salary is commission based and variable, so I set my rate roughly to reach 17.5k by about sep...
by simplesimon
Tue Dec 03, 2013 9:45 pm
Forum: Investing - Help with Personal Investments
Topic: New 401k - Advice
Replies: 6
Views: 408

Re: New 401k - Advice

Done and done. Spreadsheet created. Greatly appreciate the help!

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