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Help with account restructure

I am planning to restructure to the three fund instead of core 4. I am also adding a new investment vehicle through my HSA account. I have only been investing for a little over 3 years total (age 28) so this is a fairly large pivot in a short time frame, but I don't feel as if I have found my desire...
by xiosen
Thu Jun 26, 2014 3:07 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help with account restructure
Replies: 1
Views: 131

Re: Urge to buy a house every rent increase

You sound like someone who is better suited as a renter for now. You're thinking about settling down, but you'll probably need a bigger place when you have those kids. If you buy now, you'll need to buy a place that is bigger than you need, to accommodate future family changes. Either that, or you'...
by xiosen
Fri Apr 04, 2014 10:54 am
 
Forum: Personal Finance (Not Investing)
Topic: Urge to buy a house every rent increase
Replies: 29
Views: 1706

Re: Urge to buy a house every rent increase

Don't underestimate the cost of maintenance if you buy a house. For a $150k house, the cost of a single major repair (e.g. $10k or more to replace the roof) is a substantial fraction of the price of the house, and avoiding this cost would pay for quite a few years of rent increases if you're able t...
by xiosen
Thu Apr 03, 2014 12:56 pm
 
Forum: Personal Finance (Not Investing)
Topic: Urge to buy a house every rent increase
Replies: 29
Views: 1706

Re: Urge to buy a house every rent increase

Xiosen, could you send a short letter in reply to the notice of rent increase? You could make a counteroffer of 4%, citing the discussion you had with an employee. Nothing to lose with that approach. I tried this at the first place and after several talks the most they would cave was $5 off which w...
by xiosen
Thu Apr 03, 2014 12:50 pm
 
Forum: Personal Finance (Not Investing)
Topic: Urge to buy a house every rent increase
Replies: 29
Views: 1706

Re: Urge to buy a house every rent increase

The rent vs buy calculators don't (at least I don't think they do) place a value on personal mobility (or financial liquidity, for that matter). You are 27. Rent unless you feel strongly compelled to own, and even then, think twice about it. I am in my 60s. I am happy to own my home, because we got...
by xiosen
Thu Apr 03, 2014 12:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: Urge to buy a house every rent increase
Replies: 29
Views: 1706

Re: Urge to buy a house every rent increase

Buy a condo/townhouse and get the worst of both worlds. Have the HOA going up every year AND having the burden of ownership. I would not pursue a condo again. I learned my lesson there. However, most homes around here 70% or so all have an HOA ($20-$40/mo) to cover the community bike paths, common ...
by xiosen
Thu Apr 03, 2014 12:10 pm
 
Forum: Personal Finance (Not Investing)
Topic: Urge to buy a house every rent increase
Replies: 29
Views: 1706

Re: Urge to buy a house every rent increase

I don't like the thought of owning...Renting provides freedom for me to explore my business interests, home ownership could take away from that. You answered your own question. Don't over think it. I argued it both ways, but in that snippet it does seem clear. However renting for all its advantages...
by xiosen
Thu Apr 03, 2014 12:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: Urge to buy a house every rent increase
Replies: 29
Views: 1706

Re: Urge to buy a house every rent increase

Buying versus renting is a lifestyle choice. I use to disagree with the notion that a home is a consumer item, but the more I look at it that way, the more I am convinced it is true. The question . . . can a consumer item also be an investment? In a perfect world, I don't believe one should count o...
by xiosen
Thu Apr 03, 2014 12:05 pm
 
Forum: Personal Finance (Not Investing)
Topic: Urge to buy a house every rent increase
Replies: 29
Views: 1706

Re: Urge to buy a house every rent increase

I am not entirely sure why you think I am "cranky"? Because having a mortgage application rejected put you "over the edge" caused you to go "backpacking in Canada for 4 months." That is not really a normal, adult response. Fair enough. It wasn't the fact that it was re...
by xiosen
Thu Apr 03, 2014 11:59 am
 
Forum: Personal Finance (Not Investing)
Topic: Urge to buy a house every rent increase
Replies: 29
Views: 1706

Re: Urge to buy a house every rent increase

You seem kinda cranky. Perhaps step 1 is to figure out what your lifestyle is all about. Lots of people develop some stability in their employment and living situation. If so, then buying a house or condo can make sense. Plan to stay in it for at least five years for best results... I am not entire...
by xiosen
Thu Apr 03, 2014 11:53 am
 
Forum: Personal Finance (Not Investing)
Topic: Urge to buy a house every rent increase
Replies: 29
Views: 1706

Re: Urge to buy a house every rent increase

I use to own a number of rental properties and I'm down to one. Nearly every year insurance and property taxes go up -- so if you own a home your expenses will go up -- even though your mortgage payment will stay the same. It depends on where you live, but I only went up on rent when I had too, bec...
by xiosen
Thu Apr 03, 2014 11:50 am
 
Forum: Personal Finance (Not Investing)
Topic: Urge to buy a house every rent increase
Replies: 29
Views: 1706

Re: Urge to buy a house every rent increase

No good answer. You have to weigh the things you like vs the cost. In that way, it is no different than buying a car or having an expensive hobby. I rented in a downtown area; I could walk to everything, including great restaurants, but I was 35 minutes from my grandchildren. The building was sold,...
by xiosen
Thu Apr 03, 2014 11:44 am
 
Forum: Personal Finance (Not Investing)
Topic: Urge to buy a house every rent increase
Replies: 29
Views: 1706

Re: Urge to buy a house every rent increase

You seem kinda cranky. Perhaps step 1 is to figure out what your lifestyle is all about. Lots of people develop some stability in their employment and living situation. If so, then buying a house or condo can make sense. Plan to stay in it for at least five years for best results... I am not entire...
by xiosen
Thu Apr 03, 2014 11:33 am
 
Forum: Personal Finance (Not Investing)
Topic: Urge to buy a house every rent increase
Replies: 29
Views: 1706

Urge to buy a house every rent increase

First of all this kind of long. Please scroll to the tldr at the bottom if you want a short version. I currently live in an apartment and every year I get the dreaded rent increase. Every year this drives me mad because I struggle internally on what to do. This year the increase is 9% from 763 to 83...
by xiosen
Thu Apr 03, 2014 11:15 am
 
Forum: Personal Finance (Not Investing)
Topic: Urge to buy a house every rent increase
Replies: 29
Views: 1706

Re: HSA Restructure

4) You have to decide for yourself how to treat the HSA funds. I divide mine into two tranches. One I keep in the default provider linked to a debit card, in a cash account, and I treat it as a kind of emergency fund. The other tranche I keep invested in Vanguard funds, and consider it part of my r...
by xiosen
Mon Mar 31, 2014 11:44 am
 
Forum: Personal Finance (Not Investing)
Topic: HSA Restructure
Replies: 12
Views: 712

Re: HSA Restructure

4) You have to decide for yourself how to treat the HSA funds. I divide mine into two tranches. One I keep in the default provider linked to a debit card, in a cash account, and I treat it as a kind of emergency fund. The other tranche I keep invested in Vanguard funds, and consider it part of my r...
by xiosen
Sun Mar 30, 2014 1:07 pm
 
Forum: Personal Finance (Not Investing)
Topic: HSA Restructure
Replies: 12
Views: 712

Re: HSA Restructure

1) Are your HSA contributions made through a pre-tax deduction from your paycheck? If so, many people here would recommend that you first max out the HSA and then max out the other retirement vehicles, not the other way around, unless you get a match on the retirement contributions. I am self emplo...
by xiosen
Fri Mar 28, 2014 2:45 pm
 
Forum: Personal Finance (Not Investing)
Topic: HSA Restructure
Replies: 12
Views: 712

Re: HSA Restructure

Before we delve into the details of if it is considered part of AA or not, do you currently have a HSA eligible plan for 2013 and 2014? Is your health ins through an employer or your indiv family insurance? Please provide those details for prev years too. Based on that, you might still be eligible ...
by xiosen
Fri Mar 28, 2014 2:37 pm
 
Forum: Personal Finance (Not Investing)
Topic: HSA Restructure
Replies: 12
Views: 712

HSA Restructure

I have had an HSA for about 4 years and I believe I am now starting to see the potential of it so I am trying to figure out the best way forward with it. I have not touched this account in past 2 years and only contributed during the first 2 when my employer added to it. The balance is now right aro...
by xiosen
Fri Mar 28, 2014 2:18 pm
 
Forum: Personal Finance (Not Investing)
Topic: HSA Restructure
Replies: 12
Views: 712

Re: Obamacare, increased health costs, disappearing 401k?

madbrain wrote:Is this a small or large company making these changes ?


I would say somewhere in between. They own quite a few companies but I don't believe they are large.
by xiosen
Wed Nov 06, 2013 12:45 pm
 
Forum: Personal Finance (Not Investing)
Topic: Obamacare, increased health costs, disappearing 401k?
Replies: 41
Views: 4148

Re: Obamacare, increased health costs, disappearing 401k?

Previous to 2014 we had a $250 deductible, no office co pay, $10 prescriptions, and 90% co-insurance. For 2014 we get $1250 deductible, 80% co-insurance, $45 office visits $25-$45 prescriptions and they are refusing to cover spouses if the spouse has other coverage available, all because of the &qu...
by xiosen
Tue Nov 05, 2013 4:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Obamacare, increased health costs, disappearing 401k?
Replies: 41
Views: 4148

Re: Obamacare, increased health costs, disappearing 401k?

I think the situation for individuals living in different places differs a lot. Some people have "basic" coverage now that really isn't very good -- but they're "covered," they think, until they're not. The new rules regarding things such as no exclusions for pre-existing condit...
by xiosen
Tue Nov 05, 2013 2:26 pm
 
Forum: Personal Finance (Not Investing)
Topic: Obamacare, increased health costs, disappearing 401k?
Replies: 41
Views: 4148

Obamacare, increased health costs, disappearing 401k?

Hello all, My GF just received a letter from her employer that sounds like they are essentially removing the 401k matching and using obamacare as a scapegoat. I am really concerned about these changes since she just started working for this company and has yet had a chance to contribute to the 401k....
by xiosen
Tue Nov 05, 2013 12:39 pm
 
Forum: Personal Finance (Not Investing)
Topic: Obamacare, increased health costs, disappearing 401k?
Replies: 41
Views: 4148

Re: How do I build wealth?

OP- What was line 38 on your 1040 last year? Try to make it bigger this year. That's how you get wealthy. It seems to me that most people trying to get ridiculously wealthy have salaries that are considered average at best. And people that are wealthy aren't necessarily trying. They're just doing s...
by xiosen
Fri Mar 22, 2013 5:10 pm
 
Forum: Investing - Theory, News & General
Topic: How do I build wealth?
Replies: 87
Views: 7742

Re: How do I build wealth?

Thanks everyone for the amazing replies. This has been a very enlightening conversation. I'm struggling currently because I don't have any specific goals for my next path to wealth, which I always assumed would include starting a business of some kind. Alternately you could create something (music, ...
by xiosen
Fri Mar 22, 2013 2:03 pm
 
Forum: Investing - Theory, News & General
Topic: How do I build wealth?
Replies: 87
Views: 7742

Re: How do I build wealth?

Ultimately, this comes down to efficiently using your time and skills. Your time is valuable, and how you choose to spend it is up to you. If you're a web developer and think you can start a successful business, that will probably provide more value to the world and provide you with greater wealth ...
by xiosen
Thu Mar 21, 2013 5:07 pm
 
Forum: Investing - Theory, News & General
Topic: How do I build wealth?
Replies: 87
Views: 7742

Re: How do I build wealth?

Ultimately, this comes down to efficiently using your time and skills. Your time is valuable, and how you choose to spend it is up to you. If you're a web developer and think you can start a successful business, that will probably provide more value to the world and provide you with greater wealth ...
by xiosen
Thu Mar 21, 2013 4:12 pm
 
Forum: Investing - Theory, News & General
Topic: How do I build wealth?
Replies: 87
Views: 7742

Re: How do I build wealth?

To build wealth you need to get some money. How much? The more the better. :moneybag Figure that part out first. This is most important. Then once you have all that money, invest it wisely so that you don't lose it and it makes a fair return in excess of inflation Easy. Im already making some money...
by xiosen
Thu Mar 21, 2013 1:36 pm
 
Forum: Investing - Theory, News & General
Topic: How do I build wealth?
Replies: 87
Views: 7742

Re: How do I build wealth?

I think the most straightforward way to build wealth is to earn a ton of money, either through a high-paying job or starting your own business, and investing most of that income in a moderately-aggressive low-cost portfolio a la Boglehead recommendations. In my mind, owning rental real estate falls...
by xiosen
Thu Mar 21, 2013 1:33 pm
 
Forum: Investing - Theory, News & General
Topic: How do I build wealth?
Replies: 87
Views: 7742

Re: How do I build wealth?

It seems to me you are asking about multiplying the value of your assets, time, money, creativity, connections, etc. You want to get a high multiplier, which will be required to get to the $50,000,000 range. It seems to me the best way to get that kind of multiplication is to create something that ...
by xiosen
Thu Mar 21, 2013 1:24 pm
 
Forum: Investing - Theory, News & General
Topic: How do I build wealth?
Replies: 87
Views: 7742

Re: How do I build wealth?

I guess it all depends on what you mean by "real wealth". If you want to end up with $2 million you should do very different things than if you want to end up with $50 million. I suppose in this discussion, real wealth would be the 50 million or highest possible. Assuming that I also cont...
by xiosen
Thu Mar 21, 2013 1:01 pm
 
Forum: Investing - Theory, News & General
Topic: How do I build wealth?
Replies: 87
Views: 7742

Re: How do I build wealth?

With the possibility of higher returns comes the greater risk of losing it all. If you're young, you still have time to take on that risk (and hopefully recover from it, should it happen). To build wealth, save as much money as you can (i.e., keep your expenses as low as you can) and take the savin...
by xiosen
Thu Mar 21, 2013 12:57 pm
 
Forum: Investing - Theory, News & General
Topic: How do I build wealth?
Replies: 87
Views: 7742

Re: How do I build wealth?

wesleymouch wrote:The big drains are buying a big house and expensive cars. If you avoid those and live beneath your means you should be fine


Totally get that. Im not worried about being fine and not into excess at all (actually a minimalist), but interested in amassing wealth and some strategies to do just that.
by xiosen
Thu Mar 21, 2013 12:30 pm
 
Forum: Investing - Theory, News & General
Topic: How do I build wealth?
Replies: 87
Views: 7742

How do I build wealth?

Hello Bogleheads, I have been coming here for a few years and I been reading about how some others have been building wealth. I am wondering how their plans mesh with the boglehead world. Basically they suggest doing a mix of the following: Growth Rate - Investment 4% - CDs 8% - Index Funds 15% - St...
by xiosen
Thu Mar 21, 2013 12:19 pm
 
Forum: Investing - Theory, News & General
Topic: How do I build wealth?
Replies: 87
Views: 7742

Re: Buying a house as a rental property?

Is your girlfriend going to be the one the tenant calls if there is a problem, such as repairs, etc.? I would be the landlord since im self employed and could make the time available and possibly look into a management company later on if all the pieces fit. I would simply just rent it out. There i...
by xiosen
Wed Jan 30, 2013 3:52 pm
 
Forum: Personal Finance (Not Investing)
Topic: Buying a house as a rental property?
Replies: 3
Views: 463

Buying a house as a rental property?

Hello All, Ive been posting here for the last couple of years and through the help Bogleheads have set up a great investment portfolio started. Im struggling a little bit debating back in forth in my head about purchasing a house to eventually turn into a rental property. Im looking to extend past m...
by xiosen
Wed Jan 30, 2013 3:17 pm
 
Forum: Personal Finance (Not Investing)
Topic: Buying a house as a rental property?
Replies: 3
Views: 463

Re: First portfolio re-balance, how am I doing?

Rick Ferri coined "core 4" when VGTSX was a "fund of funds" and not eligible for the foreign tax credit (FTC). Here is a subset of discussion from in Rick Ferri's "Core 4" post (started Dec 2007). The FTC change for VGTSX was sometime in 2008. The DDB and Barry Barnitz...
by xiosen
Sat Jan 28, 2012 4:32 am
 
Forum: Investing - Help with Personal Investments
Topic: First portfolio re-balance, how am I doing?
Replies: 15
Views: 925

Re: First portfolio re-balance, how am I doing?

First, I want to say nice work. Took me 'til 34 to become a boglehead, and you're doing it at 25. Couple thoughts. 1) if you have some losses in VFWIX and held it 2+ months, now may be a good time to switch to VGTSX. Take the tax loss and get the lower ER. 2) If you want to reduce your reits, open ...
by xiosen
Fri Jan 27, 2012 4:08 pm
 
Forum: Investing - Help with Personal Investments
Topic: First portfolio re-balance, how am I doing?
Replies: 15
Views: 925

Re: First portfolio re-balance, how am I doing?

To be quite honest at this point I dont really have a level of risk so that is why I bounce between 5% or 20%. I agree that I should set something but I don't really know how to gauge that. I would be comfortable with 5-10% right now but I don't particularly want to sell what I have. I have a steady...
by xiosen
Thu Jan 26, 2012 10:15 pm
 
Forum: Investing - Help with Personal Investments
Topic: First portfolio re-balance, how am I doing?
Replies: 15
Views: 925

Re: First portfolio re-balance, how am I doing?

I would like some bonds, I was just thinking 120-age(25). I figured I was young and have more time to recover from a more aggressive strategy. I'm not opposed to keeping it where its at (~20-25%). So assuming I shoot for 20-25% I am still at least $1k over on bonds. Should I just hang onto this for ...
by xiosen
Thu Jan 26, 2012 9:22 pm
 
Forum: Investing - Help with Personal Investments
Topic: First portfolio re-balance, how am I doing?
Replies: 15
Views: 925

Re: First portfolio re-balance, how am I doing?

Im self-employed. No plans. Im not really sure what to do from here to try and re-balance things. I have $5k to contribute for 2012 IRA and I plan on contributing more in the taxable portion through the year maybe ~$2k to start. I dont know if in addition to the contributions if I should sell some o...
by xiosen
Thu Jan 26, 2012 9:01 pm
 
Forum: Investing - Help with Personal Investments
Topic: First portfolio re-balance, how am I doing?
Replies: 15
Views: 925

Re: First portfolio re-balance, how am I doing?

Sorry about that. I was thinking about being more aggressive with less bonds (95/5) or (90/10) so I think my bonds are way off now. Im thinking:

Total Stock Market (VTSAX) - 54%
Total International Stock Market (VFWIX) - 27%
Total Bond Market (VBMFX) - 10%
REIT (VGSIX) - 9%
by xiosen
Thu Jan 26, 2012 8:45 pm
 
Forum: Investing - Help with Personal Investments
Topic: First portfolio re-balance, how am I doing?
Replies: 15
Views: 925

First portfolio re-balance, how am I doing?

Well I am a couple days away from my first post here last year. Last year was my first jump into investing. I am now looking to re-balance my portfolio and see how I am doing. Emergency Fund: $35,000 Debt: $87,550 Mortgage at 5.25% Tax Filing Status: Single Tax Rate: 25% Age: 25 Current Portfolio: T...
by xiosen
Thu Jan 26, 2012 7:39 pm
 
Forum: Investing - Help with Personal Investments
Topic: First portfolio re-balance, how am I doing?
Replies: 15
Views: 925

@Taylor Larimore, Thank you for explaining why tax-inefficient funds are bad for taxable accounts. I will definitely make sure international stays in taxable. @assurancefp, Thank you! I have not contributed to 2010 Roth yet so that will definitely be the first thing I do. $5,000 in Total Bond Market...
by xiosen
Tue Jan 18, 2011 11:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: My first investment portfolio - 24 years old
Replies: 5
Views: 964

Thanks indexflyfisher, I agree with you on the REIT. To be honest, I wanted to add that due to the diversification and I liked the explanation of it on the Core 4 wiki page. My delima with the total retirement funds is that I cannot control the assets or diversification as much as going through seve...
by xiosen
Tue Jan 18, 2011 10:20 pm
 
Forum: Investing - Help with Personal Investments
Topic: My first investment portfolio - 24 years old
Replies: 5
Views: 964

My first investment portfolio - 24 years old

Hello Everyone, I just posted a thread a couple days ago but I thought I would make a new one as my original question in the thread was about taxable and non-taxable and this one is about AA so bear with me as I repeat some info. Emergency Fund: $25,000 Amount to Account: $25,000 Debt: $89,000 Mortg...
by xiosen
Tue Jan 18, 2011 3:31 pm
 
Forum: Investing - Help with Personal Investments
Topic: My first investment portfolio - 24 years old
Replies: 5
Views: 964

Ok, I re-read this forum again more closely once I got home from work. I also purchased and started reading The Bogleheads' Guide to Investing. Here is what I am thinking so far. I have $25,000 in cash that I will wait awhile to invest with as mentioned above. I have $25,000 to invest in retirement....
by xiosen
Mon Jan 17, 2011 9:32 pm
 
Forum: Investing - Help with Personal Investments
Topic: Young Investor looking for advice
Replies: 12
Views: 1123

Maybe I am over-typing. @maxinout, @bodan - I like your strategies. The total Stock Market covers most of what I am looking for and then adding a little International or whatever else as a smaller portion. So you are suggesting both of those in taxable accounts, and set the IRA up as a Total Bond Ma...
by xiosen
Mon Jan 17, 2011 6:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Young Investor looking for advice
Replies: 12
Views: 1123

Sorry for the confusion everyone. The main question of my post is to try and figure out what to put in a Roth IRA and what to invest outside the Roth IRA. I do not understand what to put where. My plan is to put $5,000 immediately into a Roth IRA for 2010. The problem is I do not know how to setup t...
by xiosen
Mon Jan 17, 2011 5:58 pm
 
Forum: Investing - Help with Personal Investments
Topic: Young Investor looking for advice
Replies: 12
Views: 1123

I recommend you use a Target Retirement fund - great diversification at low cost with automatic rebalancing. Just select the one that has your desired asset allocation. I dont know if the target retirement fund is completely what I am looking for. According to the wikie page 'Vanguard_Target_Retire...
by xiosen
Mon Jan 17, 2011 4:16 pm
 
Forum: Investing - Help with Personal Investments
Topic: Young Investor looking for advice
Replies: 12
Views: 1123
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