Search found 345 matches

by 2Birds1Stone
Mon Sep 25, 2017 3:12 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse Money Management
Replies: 94
Views: 5384

Re: Spouse Money Management

I would never agree to regularly support a GF over an extended period of time.

A spouse or long term partner? That's a different story. Lots of great advice in this thread.
by 2Birds1Stone
Mon Sep 25, 2017 2:59 pm
Forum: Personal Consumer Issues
Topic: Lifestyle Creep
Replies: 135
Views: 9538

Re: Lifestyle Creep

lostdog wrote:
Mon Sep 25, 2017 7:51 am
A luxury car. An Infiniti G37x coupe. It was a mistake and I learned my lesson. Never again. I sold it and bought a used 2011 Toyota Corolla.
Why the regret? Did you have problems?

Purchased a G37s Coupe 2 years ago, and despite depreciation have been relatively happy.
by 2Birds1Stone
Thu Sep 21, 2017 10:55 am
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 204
Views: 19235

Re: I won the Lottery. Need sound advice.

Yikes, this sounds like one of those broke -> windfall -> broke stories in the making, but I hope you prove me wrong.

Some great advice already in the thread. Get rid of debt, automate the investments, and go on with your life.

:sharebeer
by 2Birds1Stone
Tue Sep 19, 2017 1:56 pm
Forum: Personal Consumer Issues
Topic: How much do you spend on "entertainment"?
Replies: 50
Views: 3191

Re: How much do you spend on "entertainment"?

We spend about $500/month on restaurants, bars, alcohol at home, lunch during work.

While that seems kinda high, our gross income is ~$11,500/month with no debt.
by 2Birds1Stone
Wed Aug 30, 2017 10:35 am
Forum: Personal Finance (Not Investing)
Topic: What should the savings be for an average professional
Replies: 167
Views: 15879

Re: What should the savings be for an average professional

Can't comment on how much someone in that scenario SHOULD have, but this thread sure makes me very glad to be part of a DINK couple. Even in a HCOL area, with a HS diploma/AA degree my SO and I lucky enough to have 2X gross annual income saved at age 30/26. If we have kids down the line (35/31) we s...
by 2Birds1Stone
Wed Aug 16, 2017 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: How does personal wealth affect job hunting?
Replies: 57
Views: 6965

Re: How does personal wealth affect job hunting?

Not at the point where I can completely walk away, but we have about 6-7 years of expenses saved up in investments and that gives me the freedom to take a lot more risks with my career. I also stress a lot less about employment.
by 2Birds1Stone
Tue Aug 15, 2017 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Checkup - Major Life Event
Replies: 15
Views: 1961

Re: Portfolio Checkup - Major Life Event

retiredjg wrote:
Sat Aug 12, 2017 7:38 am
2Birds1Stone wrote:401k has Vanguard Total Bond Index Institutional shares @ something like a .06% ER.
I'd probably be using that one.

I'm not opposed to putting bonds into Roth IRA, but all things equal....I'd rather have stocks in Roth IRA than all bonds in Roth IRA.
Makes sense. Thanks again!

:sharebeer
by 2Birds1Stone
Fri Aug 11, 2017 9:00 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Checkup - Major Life Event
Replies: 15
Views: 1961

Re: Portfolio Checkup - Major Life Event

Hello, is there a reason that 401k is better for Bonds VS a Roth? It's not that a 401k is better for bonds than an IRA. It's that in general it's better to put assets with higher expected growth (stocks) in Roth accounts and assets with lower expected growth (bonds) in pre-tax accounts. That's beca...
by 2Birds1Stone
Fri Aug 11, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Feeling guilty about travel expenses
Replies: 25
Views: 3151

Re: Feeling guilty about travel expenses

A great article on the topic.

http://www.mrmoneymustache.com/2012/01/ ... etirement/

While I don't agree with everything MMM writes about, the math for small changes = huge results over time, is pretty eye opening.
by 2Birds1Stone
Fri Aug 11, 2017 9:52 am
Forum: Personal Finance (Not Investing)
Topic: Feeling guilty about travel expenses
Replies: 25
Views: 3151

Re: Feeling guilty about travel expenses

Hey all, I'm in this situation where I find myself really guilty about my travel expenses this year. In September I have my third trip this year and the sooner it comes the more guilty I feel, actually I regret it a bit. Let me explain. I have a yearly net income of 29k Euro With my last 2 trips I ...
by 2Birds1Stone
Fri Aug 11, 2017 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Checkup - Major Life Event
Replies: 15
Views: 1961

Re: Portfolio Checkup - Major Life Event

2.I plan on getting to my goal allocation through new contributions. It will take at least 2-3 years to add enough bonds/equities to offset the heavy cash and precious metals position. There are not any tax issues with rebalancing within the retirement accounts so you should set it to your desired ...
by 2Birds1Stone
Fri Aug 11, 2017 8:31 am
Forum: Personal Finance (Not Investing)
Topic: Opinions Needed - Are We Good?
Replies: 32
Views: 2769

Re: Opinions Needed - Are We Good?

Financially you are set.

As others have brought up, having something to retire to will be clutch.
by 2Birds1Stone
Thu Aug 10, 2017 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Life at crossroads. What would you do ?
Replies: 198
Views: 17227

Re: Life at crossroads. What would you do ?

I work in tech as well. Old tech is hot. Not because of the tech, but because the SME's are drying up. Shit, some of the top paid guys I come across are mainframers with a decent knowledge of distributed software. With your wife's income, $2M in portfolio......sure 3.25% WR if you make NO money at a...
by 2Birds1Stone
Thu Aug 10, 2017 8:59 pm
Forum: Personal Finance (Not Investing)
Topic: I pay $6K in rent. Am I an idiot for not buying?
Replies: 50
Views: 6628

Re: I pay $6K in rent. Am I an idiot for not buying?

If you are pulling in $80k/month or $960k a year......I have to laugh at the "if you don't buy now, you might not ever afford it" comments from IRL network. I'm also wondering how/why someone making a cool million a year is even asking this question. You've clearly won the game. Rent, buy, lease, it...
by 2Birds1Stone
Thu Aug 10, 2017 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Checkup - Major Life Event
Replies: 15
Views: 1961

Re: Portfolio Checkup - Major Life Event

Thank you Asif, that makes sense from a simplification standpoint, but I can see retiredjg's point as well. In terms of fund placement, I believe I am as tax efficient as possible. I am also not missing out on Admiral shares due to too many slices within an account. I have a follow up question of so...
by 2Birds1Stone
Thu Aug 10, 2017 1:52 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 90
Views: 6519

Re: What Percentage CASH are you?

Personally in terms of overall net worth, 33% right now. In terms of combined investable portfolio, ~10% between my SO and I. Actually just put up a case study/portfolio review with detailed allocation and some questions if anyone wants to weigh in? https://www.bogleheads.org/forum/viewtopic.php?f=1...
by 2Birds1Stone
Thu Aug 10, 2017 10:47 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Checkup - Major Life Event
Replies: 15
Views: 1961

Portfolio Checkup - Major Life Event

Good Morning Fellow BH's Until this point in my life, I have always viewed my finances as my own. We are now committed to marriage within the next few years and as a result I want to start thinking about our investments as one portfolio moving forward. Emergency fund: 2.5 years (earning 1-1.5% inter...
by 2Birds1Stone
Tue Aug 08, 2017 7:36 pm
Forum: Investing - Theory, News & General
Topic: news yesterday that Buffett has $100,000,000,000 in cash now
Replies: 65
Views: 8789

Re: news yesterday that Buffett has 100,000,000,000 in cash now

I read yesterday that Warren Buffett has now in cash $ 100,000,000,000. Berkshire Hathaway has $100M in cash ... not Buffet. Not the same thing. https://www.bloomberg.com/news/articles/2017-08-07/buffett-nears-a-milestone-he-doesn-t-want-100-billion-in-cash I hate to break it to everyone in this th...
by 2Birds1Stone
Tue Aug 08, 2017 12:48 pm
Forum: Investing - Help with Personal Investments
Topic: When to move money
Replies: 10
Views: 1705

Re: When to move money

If you need to use in 10 years I would pick a moderate stock/bond fund that aligns with your asset allocation desires.

50/50 fund should provide you with a healthy balance of gains and asset protection over a decade.
by 2Birds1Stone
Tue Aug 08, 2017 12:38 pm
Forum: Investing - Help with Personal Investments
Topic: How much do you think we need?
Replies: 9
Views: 1598

Re: How much do you think we need?

This post ignores the most important question, how high do you project your expenses in retirement? Between $50k/yr in pension, $3k/month in rental income, you already have enough to fund a $80k/yr lifestyle. That's not taking into account any other SEPP, IRA, Roth, TSP, brokerage, savings, etc acco...
by 2Birds1Stone
Tue Aug 08, 2017 10:57 am
Forum: Personal Finance (Not Investing)
Topic: kids think lazy if retire?
Replies: 70
Views: 8049

Re: kids think lazy if retire?

First of all, the folks stating that 30X current expenses is light.......I question your sanity and risk tolerance. WIth 30X current expenses @ 50, there is an extremely high probability that the OP will either receive health SS benefits or a pension at FRA. A 3.3-3.5% SWR has a 90-99% success rate ...
by 2Birds1Stone
Tue Aug 08, 2017 10:37 am
Forum: Personal Finance (Not Investing)
Topic: When does renting make sense
Replies: 112
Views: 9424

Re: When does renting make sense

My situation comes to mind. DINK couple in HCOL area. Median Home Price - $450k Median Annual Taxes - $15k Meanwhile, we are able to rent a 1 bedroom apartment that meets 90% of our needs for $1,100/month.....which would not even be enough to cover taxes on a home. This is not an apples to apples co...
by 2Birds1Stone
Mon Aug 07, 2017 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: How much do kids cost in a high COLA?
Replies: 57
Views: 3946

Re: How much do kids cost in a high COLA?

daveydoo wrote:Our kids were free but the maintenance has been prohibitive. We should've done the BH thing and just gone with ten year-old Japanese kids.
I hear that as long as you keep up with oil changes, they last forever.
by 2Birds1Stone
Sun Aug 06, 2017 9:00 am
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 203
Views: 10284

Re: Do you count vehicle equity in net worth?

I do count it, and I have depreciation as a line item in my monthly expense tracking.

A big part of my FI plans is actually selling my vehicle and slow traveling for a few years.
by 2Birds1Stone
Fri Aug 04, 2017 12:49 pm
Forum: Investing - Help with Personal Investments
Topic: Burned out at 28. Do I have enough?
Replies: 62
Views: 9808

Re: Burned out at 28. Do I have enough?

You remind me of myself, albeit my work situation is a bit better in terms of hours and travel. I believe you are in a great spot to take some time off to decompress, downshift into something less stressful and time intensive. You may be surprised that you are able to find something north of $50k bu...
by 2Birds1Stone
Fri Aug 04, 2017 11:46 am
Forum: Personal Finance (Not Investing)
Topic: How much money do you want to retire?
Replies: 276
Views: 23852

Re: A poll: How much money do you want to retire?

$1M to downshift into sporadic/part time/seasonal work.
$2M to never work again.

I am 30 and my SO is 26. We will reach the first mark in 2022, and the second by 2032.....that's assuming lower than average market returns and no increases in income.
by 2Birds1Stone
Mon Jul 31, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: Should we increase our retirement savings rate?
Replies: 35
Views: 2807

Re: Should we increase our retirement savings rate?

Sounds like you and your spouse have healthy incomes. At the very least max out 401k/backdoor Roth IRA.
by 2Birds1Stone
Tue Jul 25, 2017 12:02 pm
Forum: Investing - Theory, News & General
Topic: Changes in your risk profile
Replies: 13
Views: 808

Re: Changes in your risk profile

That would be considered market timing.

If the strong market performance resulted in rebalancing bands being triggered, then that is a different story. But in that case I would just buy more bonds with new money and continue investing as usual otherwise.
by 2Birds1Stone
Tue Jul 25, 2017 8:06 am
Forum: Personal Finance (Not Investing)
Topic: Pay yourself first.
Replies: 43
Views: 4028

Re: Pay yourself first.

Every month I contribute

$1,500 to 401k
$540 to HSA
$458 to Roth IRA

Anything over $100k in my high yield savings account gets spent into a taxable brokerage account once per quarter.
by 2Birds1Stone
Mon Jul 24, 2017 10:56 am
Forum: Personal Finance (Not Investing)
Topic: What's your personal savings rate?
Replies: 135
Views: 11704

Re: What's your personal savings rate?

2010 - 5%
2011 - 10%
2012 - 15%
2013 - 15%
2014 - 20%
2015 - 50% (career change)
2016 - 60%
2017 - 50% (estimated)

I've managed to keep my half of our combined annual expenses in the $24-25k/yr range while my gross income has climbed from $25k/yr in 2010 to $170k/yr in 2016.
by 2Birds1Stone
Mon Jul 24, 2017 10:52 am
Forum: Personal Consumer Issues
Topic: Anyone else extremely frugal?
Replies: 100
Views: 8602

Re: Anyone else extremely frugal?

Frugal to an extent. When my SO and I moved in together 6 years ago we were grossing ~$56k combined in a HCOL area. To this day we live on ~$45-50k/yr (net) but our income has more than tripled. We will be financially independent in less than a decade. Doesn't feel too bad to be frugal. :sharebeer :...
by 2Birds1Stone
Thu Jul 20, 2017 8:31 pm
Forum: Personal Consumer Issues
Topic: Investing well for Retirement can be frustrating
Replies: 52
Views: 3970

Re: Investing well for Retirement can be frustrating

I am in this situation a lot at my company.

I am happy for my coworkers who buy the house and the car. But I will be financially free decades before my peers.
by 2Birds1Stone
Wed Jun 28, 2017 2:00 pm
Forum: Personal Finance (Not Investing)
Topic: Can you share some of your financial goals?
Replies: 69
Views: 8186

Re: Can you share some of your financial goals?

Probably in a fairly small camp here within the Boglehead community but I am saving toward very early retirement/semi retirement. 2010 - 10% net savings rate Entered Megacorp World @ age 23 2011 - 25% net savings rate 2012 - 20% net savings rate 2013 - 25% net savings rate 2014 - 25% net savings rat...
by 2Birds1Stone
Tue Jun 20, 2017 6:05 pm
Forum: Personal Consumer Issues
Topic: Commissioned Salesperson Opportunity
Replies: 8
Views: 1077

Re: Commissioned Salesperson Opportunity

I would expect a modest base salary + 5-10% commission on gross revenue you bring in. I would make sure, as others have stated, that you have a detailed plan that does not exclude you from earning commission based on factors outside of your control once a deal is done and revenue recognized. It real...
by 2Birds1Stone
Thu Jun 15, 2017 1:00 pm
Forum: Investing - Theory, News & General
Topic: Poll: 401K Match
Replies: 99
Views: 17217

Re: Poll: 401K Match

50% match of the first 5% I contribute.
by 2Birds1Stone
Thu Jun 01, 2017 9:17 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1462
Views: 260411

Re: What are you up YTD? [Year To Date]

8.16% as of today.
by 2Birds1Stone
Tue May 30, 2017 9:34 am
Forum: Personal Consumer Issues
Topic: Do I deserve it? [A new car]
Replies: 69
Views: 5940

Re: Do I deserve it?

Do you deserve it? No

Do you need it? No

Do you want it? Maybe?

There is a whole lot of room in between keeping an old Taurus and blowing $35k+ on a "new" car.
by 2Birds1Stone
Mon May 15, 2017 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Was there a $$$ number after which things got easier?
Replies: 72
Views: 10511

Re: Was there a $$$ number after which things got easier?

I crossed an interesting threshold with today's paycheck. Net Worth crossed 12X annual expenses. YoY portfolio growth cracked +$100k over the past 12 months. I guess this can be helpful if the market continues to go up, or psychologically crushing if the market enters bear territory and my contribut...
by 2Birds1Stone
Mon May 15, 2017 10:24 am
Forum: Personal Consumer Issues
Topic: Tipping at All Inclusive Resort?
Replies: 67
Views: 5873

Re: Tipping at All Inclusive Resort?

My husband and I just came back from vacation in DR at an AI resort. We always bring money to tip everyone, but we noticed that a lot of people do not tip. For example, this is what we would typically leave for tips: Drinks - $1/drink Buffet Breakfast/Lunch/Dinner - $3-$5 Sit down dinner - $10 Just...
by 2Birds1Stone
Fri May 05, 2017 8:53 am
Forum: Investing - Help with Personal Investments
Topic: Pension vs 401k
Replies: 33
Views: 2660

Re: Pension vs 401k

I would go 401k. Max it out.
by 2Birds1Stone
Fri May 05, 2017 8:48 am
Forum: Investing - Help with Personal Investments
Topic: 401(k) Roll-In
Replies: 14
Views: 1025

Re: 401(k) Roll-In

Here is what I provided, please delete if violating forum rules. To Whom It May Concern, As per Fidelity IRA Specialist Derek Williams' (800-887-4015 EXT 22843) direction I am writing this letter to explain my request and provide the necessary documentation. 2birds1Stone Last 4 of SS # - XXXX I want...
by 2Birds1Stone
Fri May 05, 2017 8:45 am
Forum: Investing - Help with Personal Investments
Topic: 401(k) Roll-In
Replies: 14
Views: 1025

Re: 401(k) Roll-In

I had the exact situation come up earlier last year. I was also told I need a letter stating that the IRA funds are indeed 100% pretax contributions from an Old 401k plan. Vanguard was unable to provide such a letter. I spoke with Fidelity and they had me write a letter of intent, stating that the f...
by 2Birds1Stone
Thu May 04, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a luxury car (how dumb would it be to do this?)
Replies: 216
Views: 20878

Re: Buying a luxury car (how dumb would it be to do this?)

I'm a big car guy. As in, I really like driving. I've always dreamed of a nice sports luxury car since it's first iteration came out during my HS years. At the time it was the Infiniti G35 Sport coupe. I was actually shopping for Mini Cooper S last year, when I came across a 2008 G37 Sport coupe, wi...
by 2Birds1Stone
Mon Apr 24, 2017 7:20 am
Forum: Personal Finance (Not Investing)
Topic: Looking For Advice - Move NY -> Tampa?
Replies: 53
Views: 5076

Re: Looking For Advice - Move NY -> Tampa?

Can't go wrong with moving to the south. Congratulations! A bit early for congratulations. Still in the preliminary stages of interview process. But a preemptive thank you, if it works out Do you folks think that this would be a wash in terms of quality of life/spending? Florida has no state income...
by 2Birds1Stone
Sat Apr 22, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Looking For Advice - Move NY -> Tampa?
Replies: 53
Views: 5076

Looking For Advice - Move NY -> Tampa?

Good Afternoon Bogleheads, I've received wise advice here in the past, so I was hoping to use you as a sounding board on a potential job transfer opportunity I am interviewing for. Current Role - Direct Sales (software) $57k base/$65k Incentive compensation at quota for a $122k OTE. Working on a tea...
by 2Birds1Stone
Mon Apr 10, 2017 8:26 pm
Forum: Personal Consumer Issues
Topic: HSBC Bank- Easy (???) $350 bonus
Replies: 51
Views: 8338

Re: HSBC Bank- Easy (???) $350 bonus

I did this and it took ~120 days for bonus to post
by 2Birds1Stone
Sat Apr 08, 2017 8:02 pm
Forum: Investing - Help with Personal Investments
Topic: Volatility and Income
Replies: 25
Views: 1401

Re: Volatility and Income

My main income source is volatile. High one year, low the next. It averages out to better than a normal unskilled labor job, so I stay in it. But the daily stresses are high. I spend 12k/year and save 95% of my income. I have adapted to this pattern through the need to survive the volatile nature o...