Search found 1476 matches

by tj
Mon Jul 27, 2015 10:43 pm
Forum: Personal Finance (Not Investing)
Topic: Rewards Checking-An Easy Way to Earn Extra Money
Replies: 20
Views: 2434

Re: Rewards Checking-An Easy Way to Earn Extra Money

I used to do these more frequently when interest rates were higher. I only recently started again with Consumers Credit Union and their 5.09% on $20k. TJ, I noticed that Consumers Credit Union has the best deal going, but how cumbersome is it for you? To get the 5% interest you have to do a total o...
by tj
Mon Jul 27, 2015 10:37 am
Forum: Personal Finance (Not Investing)
Topic: Rewards Checking-An Easy Way to Earn Extra Money
Replies: 20
Views: 2434

Re: Rewards Checking-An Easy Way to Earn Extra Money

jackiechiles wrote:I use Santander that pays $20 a month for direct depositing $1500 a month and doing 2 bill pays.



Yep, those Spanish-owned American banks are great. Iget abotu $250/year off Santander and BBVA Compass. The BBVA Compass program is dying though. :(
by tj
Mon Jul 27, 2015 12:08 am
Forum: Personal Finance (Not Investing)
Topic: Rewards Checking-An Easy Way to Earn Extra Money
Replies: 20
Views: 2434

Re: Rewards Checking-An Easy Way to Earn Extra Money

which perhaps average $50 each, Well, that's your problem right there. My average transaction is probably $4-$5. I mostly do it for breakfast on the way to work and lunch out while working. I could be using my 5% cashback credit card, but spending $4 x 24 (12 debit transactions, and 12 transactions...
by tj
Sun Jul 26, 2015 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Rewards Checking-An Easy Way to Earn Extra Money
Replies: 20
Views: 2434

Re: Rewards Checking-An Easy Way to Earn Extra Money

which perhaps average $50 each, Well, that's your problem right there. My average transaction is probably $4-$5. I mostly do it for breakfast on the way to work and lunch out while working. I could be using my 5% cashback credit card, but spending $4 x 24 (12 debit transactions, and 12 transactions...
by tj
Sat Jul 25, 2015 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: Rewards Checking-An Easy Way to Earn Extra Money
Replies: 20
Views: 2434

Re: Rewards Checking-An Easy Way to Earn Extra Money

I used to do these more frequently when interest rates were higher. I only recently started again with Consumers Credit Union and their 5.09% on $20k.
by tj
Sat Jul 25, 2015 5:37 pm
Forum: Personal Consumer Issues
Topic: Jet.com
Replies: 11
Views: 1784

Re: Jet.com

I've picked up Quest Bars, Pop Chips, toilet paper and Extra gum - all better than Amazon price. Shipping is not as fast though.
by tj
Thu Jul 23, 2015 11:20 pm
Forum: Personal Consumer Issues
Topic: How to pay taxes on blog income?
Replies: 53
Views: 3673

Re: How to pay taxes on blog income?

I'm self employed and some of my clients send a 1099, and some don't. I report it all. The IRS doesn't care about proving you have income (who would over report after all) -- the problems would arise if you under report what you were 1099'd for. Just track and report it all, fill out schedule c, an...
by tj
Tue Jul 21, 2015 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: How do people afford children with a SAHS?
Replies: 183
Views: 10503

Re: How do people afford children with a SAHM?

$85,000 would put you ahead of~75% of all other wage earners in the USA. If you cannot afford now, then when? Ahead of 80%? 90%? More? Point is, people of significantly less means successfully pro-create. You can too provided that is a priority and you are willing to sacrifice. Also, don't forget t...
by tj
Mon Jul 20, 2015 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Disability Insurance: Graded vs. Level?
Replies: 3
Views: 262

Re: Disability Insurance: Graded vs. Level?

When you break the numbers out like that, graded does make a lot of sense if you are certain you will quit working that soon, but what if you can't retire that soon? That's a risk you need to decide if you'd like to take. We can't decide for you.
by tj
Mon Jul 20, 2015 1:01 pm
Forum: Personal Consumer Issues
Topic: The " Corolla" investment....
Replies: 51
Views: 5637

Re: The " Corolla" investment....

SWEET! I managed to get our 2001 up to 234,000 before a patch of early morning black ice and a pine tree ended my run. :( I also only did oil changes and brake pads and both were done as cheaply as possible. It was a tough little car. It was in 3 accidents prior to its deathblow. I think all the ex...
by tj
Sat Jul 18, 2015 10:36 am
Forum: Personal Finance (Not Investing)
Topic: 60K Car Maintenance Service = $600. Is this Reasonable?
Replies: 48
Views: 3849

Re: 60K Car Maintenance Service = $600. Is this Reasonable?

Flush brake fluid - every 2 years
Flush radiator coolant - every 3-4 years or 60k miles
Differential fluid drain and fill - every 60k miles
ATF drain and fill - every 30 k miles


I have a 2011 Civic with around 57k miles and I don't know that any of these have ever been done.
by tj
Thu Jul 16, 2015 4:41 pm
Forum: Investing - Theory, News & General
Topic: International bonds - VTIBX - bubble, short, stay
Replies: 28
Views: 2486

Re: International bonds - VTIBX - bubble, short, stay

I was invested in DODLX for a little while, but not anymore. I moved that capital to rewards checking accounts. Higher rate, no volatility.
by tj
Thu Jul 16, 2015 10:47 am
Forum: Personal Consumer Issues
Topic: Tipping in a buffet
Replies: 26
Views: 2790

Re: Tipping in a buffet

I don't differentiate between buffets or other type of food since IMO the servers do the same amount of work. Are they excluded from minimum wage like regular waiters are? That would change my tipping habits. There is no minimum wage exclusion in California, how that is legal anywhere makes zero se...
by tj
Mon Jul 13, 2015 10:09 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard AMT-free National Municipal Bond Fund
Replies: 119
Views: 15014

Re: New Vanguard AMT-free National Municipal Bond Fund

Those all add up to over 100%, so that can't be right. It is hard to read but there is more than one share class in the paragraph. It is OK. This came from Vanguard's prospectus on the fund. In that case, roughly 3/4 of the assets in Total internatinoal is a Vanguard fund. Most people are clearly o...
by tj
Mon Jul 13, 2015 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Grown Children as beneficiaries
Replies: 33
Views: 3211

Re: Grown Children as beneficiaries

I don't think that you should feel obligated to give a specific amount of your remaining $$$ to any of your kids nor that if you choose to give to one, you must give to the others equally. Do whatever you want with it. It's your money. They are all grown adults here. I personally would prefer my par...
by tj
Mon Jul 13, 2015 7:06 pm
Forum: Investing - Theory, News & General
Topic: New Vanguard AMT-free National Municipal Bond Fund
Replies: 119
Views: 15014

Re: New Vanguard AMT-free National Municipal Bond Fund

Incredible. In two years since inception, Total International Bond Index has $42 BILLION in assets. Best. The bulk of Total International Bond Index is owned by other Vanguard funds. Here is a breakdown: Vanguard Total International Bond Index Fund—Investor Shares: Vanguard Target Retirement 2020 F...
by tj
Mon Jul 13, 2015 1:12 pm
Forum: Personal Finance (Not Investing)
Topic: Life Insurance--- term
Replies: 17
Views: 1240

Re: Life Insurance--- term

2mm in permanent coverage? That must cost you several thousand per year. Terrible. You could get a much larger term policy for that.
by tj
Sat Jul 11, 2015 4:21 pm
Forum: Investing - Help with Personal Investments
Topic: Best One Stop World Equity ETF for European Investors
Replies: 12
Views: 919

Re: Best One Stop World Equity ETF for European Investors

I think there is a Boglehead user who uses VWRD ?
by tj
Sat Jul 11, 2015 1:20 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing to go with a Robo-Advisor and If so, which one?
Replies: 57
Views: 3860

Re: Choosing to go with a Robo-Advisor and If so, which one?

Betterment doesn't use a 3rd set of ETF's and perhaps that is a defect compared to manually performing TLHs. Betterment does have a concept of tertiary ETFs, but they might only be used in situations where there's overlap between taxable and tax-advantaged: https://www.betterment.com/resources/rese...
by tj
Sat Jul 11, 2015 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing to go with a Robo-Advisor and If so, which one?
Replies: 57
Views: 3860

Re: Choosing to go with a Robo-Advisor and If so, which one?

Oh, now I understand what you mean. Betterment doesn't use a 3rd set of ETF's and perhaps that is a defect compared to manually performing TLHs. Having another set of ETFs will increase transaction costs especially for someone manually doing it. Maybe these robos are not doing it perfectly but I do...
by tj
Sat Jul 11, 2015 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing to go with a Robo-Advisor and If so, which one?
Replies: 57
Views: 3860

Re: Choosing to go with a Robo-Advisor and If so, which one?

Oh, now I understand what you mean. Betterment doesn't use a 3rd set of ETF's and perhaps that is a defect compared to manually performing TLHs. On the other hand though, I don't check the stock market every day so I might have been oblivious to the really bad days, so perhaps Betterment is better t...
by tj
Sat Jul 11, 2015 11:40 am
Forum: Investing - Help with Personal Investments
Topic: Choosing to go with a Robo-Advisor and If so, which one?
Replies: 57
Views: 3860

Re: Choosing to go with a Robo-Advisor and If so, which one?

@tj, thanks for that information and numbers. Since your Betterment portfolio is all equities, one cannot see how much B would have rebalanced from bonds to equities on/after big down days such as June 29 and July 8. It appears that there has been some slight rebalancing into international from US....
by tj
Sat Jul 11, 2015 12:15 am
Forum: Investing - Help with Personal Investments
Topic: Choosing to go with a Robo-Advisor and If so, which one?
Replies: 57
Views: 3860

Re: Choosing to go with a Robo-Advisor and If so, which one?

I am very curious what the robo-advisors did with portfolios in the past month. There have been opportunities to TLH and to rebalance first out of equities and then back into equities. I might start a separate thread to try to find out what has happened. Well, below is what Betterment did for me. T...
by tj
Fri Jul 10, 2015 1:23 pm
Forum: Investing - Theory, News & General
Topic: Total Bond and Intermediate Term Investment Grade
Replies: 18
Views: 1912

Re: Total Bond and Intermediate Term Investment Grade

What funds do you use? We have 7 accounts at three brokers and have a large amount of fixed income in taxable so the list gets pretty long but many are interchangeable and some are near duplicates for tax reasons. For short term we any of the short index funds at Vanguard or Schwab. Also Vanguard s...
by tj
Fri Jul 10, 2015 11:25 am
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 1155
Views: 551336

Re: The Three Fund Portfolio

Dear 661, Welcome to the forum! Unfortunately, there's a good reason nobody made such a claim so far in this thread. While it is true that the Three-Fund Portfolio has more frequent distributions (monthly for bonds, quarterly for stocks), this has no impact on total returns. Hi longinvest, I should...
by tj
Fri Jul 10, 2015 10:20 am
Forum: Investing - Theory, News & General
Topic: Total Bond and Intermediate Term Investment Grade
Replies: 18
Views: 1912

Re: Total Bond and Intermediate Term Investment Grade

... Jack Bogle's suggestion of 50% Total bond and 50% Intermediate Term Investment Grade for their bond allocation? We use a combination of funds to come close to the BarCap Intermediate (1-10) Government/Credit Index (see GVI as an example). This puts our portfolio somewhat similar to Bogle's sugg...
by tj
Tue Jul 07, 2015 10:07 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolios [now live]
Replies: 399
Views: 49177

Re: Schwab Intelligent Portfolios [now live]

Now I've noticed a less than fun aspect of the robo-advisor. I had emerging Markets TLH back from IEMG to VWO on 7/2. it's decreased in value a lot more since then, but the robo can't sell because it just sold the fund and that would trigger a wash sale. I've harvest $368.67 of losses, but my invest...
by tj
Sat Jul 04, 2015 11:12 am
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 21586

Re: Emergdoc on Mr. Money Mustache

watchnerd wrote:Did MMM spend enough time earning a salary to qualify for max Social Security benefits?

Because that's one of the pitfalls of retiring at age 30...


Not a problem. MMM has to pay self employment taxes on his (probably significant) blog income.
by tj
Fri Jul 03, 2015 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: How often should I check my accounts online?
Replies: 20
Views: 2318

Re: How often should I check my accounts online?

Monthly, more or less, but I've missed a few. There is not a rigid schedule or anything.
by tj
Wed Jul 01, 2015 12:15 am
Forum: Investing - Theory, News & General
Topic: Let’s Celebrate the Independent Adviser
Replies: 10
Views: 1557

Re: Let’s Celebrate the Independent Adviser

Robo advisors use only ETFs because their software can only handle exchange listed securities. They have difficulty incorporating mutual funds and ETF in the same portfolio because of differences in settlement. So, these firms exclude all mutual funds. Is this what a fiduciary would do? I'll let yo...
by tj
Tue Jun 30, 2015 3:48 pm
Forum: Investing - Help with Personal Investments
Topic: Too high Intra-Portfolio Correlation (IPC)?
Replies: 28
Views: 1396

Re: Too high Intra-Portfolio Correlation (IPC)?

Usually heavy stock portfolios would have Long Term Treasuries rather than Long Term Corporates.
by tj
Tue Jun 30, 2015 2:27 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellington Fund
Replies: 26
Views: 3247

Re: Vanguard Wellington Fund

Its a solid fund with a track record that no one can really touch. Drift concern is an over statement. Might want to consider one of the Lifestrategy funds like moderate growth that would come very close to this in style. I think those are completely different styles. A lot more international stock...
by tj
Tue Jun 30, 2015 12:02 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellington Fund
Replies: 26
Views: 3247

Re: Vanguard Wellington Fund

[quote="tj] If it's not a concern, why would they limit new investors?[/quote] What limit are you referring to? The fund is not closed to new investors.[/quote] It's closed to new institutional investors (not available in 401k plans) and was closed to new individual investors not too long ago....
by tj
Tue Jun 30, 2015 11:11 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellington Fund
Replies: 26
Views: 3247

Re: Vanguard Wellington Fund

How can you be concerned? What is the market cap of the Large Cap Value and upper Mid Cap Value stock indices? What is the total debt outstanding of corporate intermediate term bonds? You'll find that 90 billion is a drop in the bucket compared to the value of those indices that are it's benchmark....
by tj
Tue Jun 30, 2015 10:25 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellington Fund
Replies: 26
Views: 3247

Re: Vanguard Wellington Fund

I sort of worry about asset bloat with Wellington. its up to 90 billion dollars. Can the managers still add advantage at this level of assets? Is it telling that they've limited new investors in 401k plans and such? At some point, you'd think this becomes a closet index fund, albeit one with a tilt...
by tj
Tue Jun 30, 2015 8:48 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellington Fund
Replies: 26
Views: 3247

Re: Vanguard Wellington Fund

I sort of worry about asset bloat with Wellington. its up to 90 billion dollars. Can the managers still add advantage at this level of assets? Is it telling that they've limited new investors in 401k plans and such? At some point, you'd think this becomes a closet index fund, albeit one with a tilt...
by tj
Mon Jun 29, 2015 11:27 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Wellington Fund
Replies: 26
Views: 3247

Re: Vanguard Wellington Fund

I sort of worry about asset bloat with Wellington. its up to 90 billion dollars. Can the managers still add advantage at this level of assets? Is it telling that they've limited new investors in 401k plans and such? At some point, you'd think this becomes a closet index fund, albeit one with a tilt ...
by tj
Mon Jun 29, 2015 7:00 pm
Forum: Investing - Theory, News & General
Topic: The Three Fund Portfolio
Replies: 1155
Views: 551336

Re: The Three Fund Portfolio

Personal decision. We can't tell you what to do.
by tj
Sat Jun 27, 2015 4:40 pm
Forum: Personal Finance (Not Investing)
Topic: SS bennies
Replies: 23
Views: 3342

Re: SS bennies

prudent wrote:
Lafder wrote:Why would it even be worth correcting a mistake in income from so many years ago?


Income from the mid-1980's would be multiplied around 2.6x to adjust for inflation.



And the OP later stated that the missing year is from the mid 70s, which is quite higher than 2.6x
by tj
Sat Jun 27, 2015 2:54 pm
Forum: Personal Finance (Not Investing)
Topic: SS bennies
Replies: 23
Views: 3342

Re: SS bennies

Why would it even be worth correcting a mistake in income from so many years ago? I believe I also have a zero income year listed from the 80s that I feel is a mistake, but my income in the past decade is so much more I do not see how it would make a difference to change that zero from so long ago....
by tj
Wed Jun 24, 2015 8:07 pm
Forum: Personal Finance (Not Investing)
Topic: Leased Car Totaled - What Do I Owe?
Replies: 16
Views: 3399

Re: Leased Car Totaled - What Do I Owe?

In case anyone else ever had a similar issue - I wanted to post how it was resolved. I spoke with Hyundai directly, and after about 30 minutes of frustration, the representative said that I would be getting a check from them after my insurance company sends them the full fmv. It seems like it was j...
by tj
Tue Jun 23, 2015 10:16 am
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolios [now live]
Replies: 399
Views: 49177

Re: Schwab Intelligent Portfolios [now live]

Oddly, I've already had a TLH event with Betterment. I opened the account in mid April, and Emerging Markets TLHed on 6/1 and Developed Markets on 6/8. I still have a bit more time before the fee kicks in to decide if I want to keep the account there.
by tj
Sun Jun 21, 2015 6:03 pm
Forum: Investing - Theory, News & General
Topic: Schwab Intelligent Portfolios [now live]
Replies: 399
Views: 49177

Re: Schwab Intelligent Portfolios [now live]

The performance view was updated this week to show a benchmark. They also made a new blog post describing the "blended benchmark": With Schwab Intelligent Portfolios, your portfolio is broadly diversified across up to 20 asset classes, with allocations to stocks, fixed income, commodities...
by tj
Sun Jun 21, 2015 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth aspiring to get more?
Replies: 131
Views: 17784

Re: Is it worth aspiring to get more?

How do you know you aren't getting yourself into an endless loop? That is, you work for 2 years, and 2 years later you are faced w/ the same problem? The "one more year" syndrome. There will always be a bigger house/nicer car to afford. Exactly right. And so one works another 2 years, and...
by tj
Sun Jun 21, 2015 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Is it worth aspiring to get more?
Replies: 131
Views: 17784

Re: Is it worth aspiring to get more?

. have found myself in a fortunate and interesting position. Between SS, small pension and my portfolio I will most certainly live the rest of my life in a style that would be considered very comfortable to the vast majority of Americans. But I am still in my mid-50s ....... Well, no one else has s...
by tj
Sat Jun 20, 2015 11:27 am
Forum: Investing - Theory, News & General
Topic: Betterment Review
Replies: 81
Views: 9270

Re: Betterment Review

Another robo-advisor article in the NYTimes, somewhat different from previous ones: http://www.nytimes.com/2015/06/20/your-money/the-computer-as-a-financial-planner.html And another about Fidelity vs Vanguard in the robo wars: http://www.investmentnews.com/article/20150619/FREE/150619891/its-vangua...
by tj
Fri Jun 19, 2015 7:15 pm
Forum: Investing - Theory, News & General
Topic: Betterment Review
Replies: 81
Views: 9270

Re: Betterment Review

The calculations were scary - it would be hundreds of thousands of dollars difference at the end. I eventually closed my account and moved everything to Vanguard. Hmm...0.15% of a $1,000,000 portfolio would be $1500 annually... You're not thinking long term. My average expense ratio at Vanguard is ...
by tj
Fri Jun 19, 2015 6:04 pm
Forum: Personal Finance (Not Investing)
Topic: Prenup
Replies: 123
Views: 11218

Re: Prenup

Crimsontide wrote:
hoopy wrote:As such, I think they strengthen marriages.


Quote of the day. Nothing strengthens a marriage like planning a divorce :oops:


Except that it's not - it's making sure your on the same page about $$.

The ones who never talk about it are often the ones that get hosed.
by tj
Fri Jun 19, 2015 6:01 pm
Forum: Investing - Theory, News & General
Topic: Betterment Review
Replies: 81
Views: 9270

Re: Betterment Review

The calculations were scary - it would be hundreds of thousands of dollars difference at the end. I eventually closed my account and moved everything to Vanguard. Hmm...0.15% of a $1,000,000 portfolio would be $1500 annually... You're not thinking long term. My average expense ratio at Vanguard is ...

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