Search found 532 matches

by BanditKing
Thu Sep 21, 2017 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: I won the Lottery. Need sound advice.
Replies: 220
Views: 24293

Re: I won the Lottery. Need sound advice.

In addition to the advice here, and what you've been planning, the best advice I can give is to figure out how to happily live on $60,000. If you continue to earn at your rate, even cutting back a little, you'll still have a good amount going to retirements.
by BanditKing
Tue Sep 05, 2017 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Divorce money - How to invest it?
Replies: 9
Views: 1861

Re: Divorce money - How to invest it?

For now, I'd put it into a Target Retirement fund. Simple and clean. I'd also merge the IRAs together for simplicity and once merged, put them all into the same Target Retirement fund. Can you roll them to your 401k (assuming it's a good plan). I also don't like that hugely concentrated stock positi...
by BanditKing
Sat Sep 02, 2017 10:18 pm
Forum: Investing - Theory, News & General
Topic: Do you reinvest your dividends/capital gains?
Replies: 76
Views: 9176

Re: Do you reinvest your dividends/capital gains?

Fully re-invest in tax-advantaged accounts. For taxable accounts, I have proceeds go to my sweep account, and then manually reinvest them into anything lagging in my overall Asset Allocation, or invest according to my overall AA. I may take a portion of any taxable payout and put it into a High-Yiel...
by BanditKing
Thu Aug 31, 2017 10:10 pm
Forum: Investing - Theory, News & General
Topic: Anyone Out There Who Has Failed To Stick To Their Long Term Investing Plan?
Replies: 35
Views: 4100

Re: Anyone Out There Who Has Failed To Stick To Their Long Term Investing Plan?

I just can't seem to stop fiddling around the edges. Adding tilts or tweaking to get a few extra bucks out of something. I'm sure when you factor in the time I've spent tracking and fiddling, vs any possible additional gain, it seriously isn't worth it. But I enjoy it. I suspect at some point I'll g...
by BanditKing
Thu Aug 31, 2017 2:44 pm
Forum: Personal Consumer Issues
Topic: How to deal with Amazon purchases with Mint.com??
Replies: 37
Views: 2838

Re: How to deal with Amazon purchases with Mint.com??

Good to know. Thanks for checking into it. :)
by BanditKing
Thu Aug 31, 2017 12:54 pm
Forum: Personal Consumer Issues
Topic: How to deal with Amazon purchases with Mint.com??
Replies: 37
Views: 2838

Re: How to deal with Amazon purchases with Mint.com??

Amazon Prime card from Chase is now also 5% for Amazon purchases (with 2% for restaurants and gas). I prefer using it as it's more flexible and I have two other Chase rewards cards so I'm in the Chase ecosystem. I have an Amazon store card too, but I may cancel it bcz I don't need or like Synchrony...
by BanditKing
Wed Aug 30, 2017 1:14 am
Forum: Personal Consumer Issues
Topic: How to deal with Amazon purchases with Mint.com??
Replies: 37
Views: 2838

Re: How to deal with Amazon purchases with Mint.com??

Following up to my own post. Personal Capital WILL connect with the Amazon Store Card now. You'll have to set up your account at www.syncbank.com/amazon.

However, all purchases seem to be imported as "General Merchandise". The 5% Statement Credits are notated as "Other Income".
by BanditKing
Tue Aug 29, 2017 10:24 pm
Forum: Personal Consumer Issues
Topic: How to deal with Amazon purchases with Mint.com??
Replies: 37
Views: 2838

Re: How to deal with Amazon purchases with Mint.com??

For a long time at Personal Capital, the Amazon Store Card (Synchrony Bank) was not linkable. Seeing this thread I checked again, it now DOES now appear on the list of banks that PC can talk to. I need to go dig my card out and set up my card login to test it, but at least it appears to be there now.
by BanditKing
Thu Aug 17, 2017 11:27 pm
Forum: Investing - Help with Personal Investments
Topic: Temporary Bump on 401k Smart?
Replies: 4
Views: 438

Re: Temporary Bump on 401k Smart?

Put as much as you can into your tax-advantaged accounts. At your age, it will be hugely better than those of us who got our financial act together when we were closer to 40. Do everything you can to hit your magic number of $23,500 every year (more if you have access to an HSA or Solo 401k). Keep y...
by BanditKing
Tue Aug 15, 2017 9:01 pm
Forum: Personal Consumer Issues
Topic: [Prevent mail theft; sign for USPS Informed Delivery]
Replies: 187
Views: 11955

Re: Postal Service -- "informed delivery"

Crazy website. I went to sign up and create an account. It says I already have an account.

OK, great. Please send me my username.

Can't do that, you have to create a new account. Ok fine.

Sorry, can't create a new account, you already have one.

*facepalm* :oops:
by BanditKing
Fri Aug 11, 2017 10:56 pm
Forum: Investing - Help with Personal Investments
Topic: Where To Put My Emergency Fund?
Replies: 58
Views: 4540

Re: Where To Put My Emergency Fund?

I keep about 3 months in cash at Ally, about 6 months (currently) in iBonds, and another 15 months in VWIUX in my Vanguard taxable account. I have two years total, because I feel that is how long it might take for me to find re-employment in my field, which is fairly specific. In a couple years, bet...
by BanditKing
Fri Aug 11, 2017 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Maxed out 401K now switched job. New employer auto enrolled in 401K.
Replies: 7
Views: 1287

Re: Maxed out 401K now switched job. New employer auto enrolled in 401K.

I believe you can contribute to the new 401k, but before April 15 you'll need to claw back the excess contribution plus gains (and pay taxes on it). However, the employer match doesn't need to be returned, so you definitely want to put in enough to get full employer match. As long as your deferred a...
by BanditKing
Thu Aug 10, 2017 8:19 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3972
Views: 1058962

Re: U.S. stocks in freefall

I think I'm just going to move everything into Treasuries and Toilet Paper. Consumer Staples down only -.43% today. Of course it is still lagging S&P YTD. Wait, did he mean invest in toilet paper as in those companies' stocks, or as in Doomsday Preppers? :twisted: Maybe a little of both? Actually, ...
by BanditKing
Thu Aug 10, 2017 4:33 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3972
Views: 1058962

Re: U.S. stocks in freefall

I think I'm just going to move everything into Treasuries and Toilet Paper.
by BanditKing
Tue Jul 25, 2017 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Series 65 Volunteer Advising?
Replies: 33
Views: 2357

Re: Series 65 Volunteer Advising?

Interesting to see this thread bumped. Compliance and liability insurance are indeed my stumbling blocks. I think this would be perfect as a part-time job coupled with a pension or other income source, but tough to pull off as a "side hustle". Maybe a bunch of us should get together and start our o...
by BanditKing
Tue Jul 25, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Series 65 Volunteer Advising?
Replies: 33
Views: 2357

Re: Series 65 Volunteer Advising?

I have been toying with the same RIA side hustle approach for the past couple of years. To me, maintaining compliance with state and federal regulations on RIAs seems like the most painful part of the process. What are your thoughts about regulatory compliance? Do you plan to use a service like RIA...
by BanditKing
Tue Jul 25, 2017 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: Series 65 Volunteer Advising?
Replies: 33
Views: 2357

Re: Series 65 Volunteer Advising?

From my understanding (from reading the requirements per NASAA and FINRA), you don't need sponsorship for the series 63/65/66, but series 7 is a co-requisite for 66 (meaning you can take and pass the 66, but you're not "doing" anything with it until you pass the 7 also). You can end up sponsoring y...
by BanditKing
Tue Jul 25, 2017 10:36 am
Forum: Personal Finance (Not Investing)
Topic: Series 65 Volunteer Advising?
Replies: 33
Views: 2357

Re: Series 65 Volunteer Advising?

I just took a Series 65 class last week through Kaplan actually, and expect to sit for the test in the next week or two. You do not need sponsorship, but you would for the series 7 or Series 63/66, which most firms would want you to have. My intention is to hang out a shingle as a side hustle. I do ...
by BanditKing
Mon Jul 24, 2017 4:04 pm
Forum: Personal Finance (Not Investing)
Topic: What's you safety deposit box fee?
Replies: 50
Views: 3444

Re: What's you safety deposit box fee?

$60/yr for their smallest box, which is 3" tall, about 9" wide (wide enough for paper to lay flat inside an envelope) and maybe 24" deep (longer than a legal-size page).
by BanditKing
Mon Jul 17, 2017 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Invest the rest of the year in a tax account or save toward 2018 Roth
Replies: 9
Views: 685

Re: Invest the rest of the year in a tax account or save toward 2018 Roth

] Not a bad idea, but that seems like a lot of extra work (dealing with capital gain/ taxes) for a few hundred dollars, "if the market continues as is." It's not that much work. You'll get your 1099 from VG or whomever and you just put it in with your other interest income, etc. If your goal is to ...
by BanditKing
Mon Jul 17, 2017 1:45 pm
Forum: Investing - Help with Personal Investments
Topic: Invest the rest of the year in a tax account or save toward 2018 Roth
Replies: 9
Views: 685

Re: Invest the rest of the year in a tax account or save toward 2018 Roth

Why not both? Put it into taxable, and January 1 take $5500/$6500 out for the roth. Worst case you take a little capital gains hit, or harvest the loss. If you have a loss, maybe take it out before Dec 31 so it goes on your 2017 taxes.
by BanditKing
Sun Jul 16, 2017 10:33 pm
Forum: Personal Consumer Issues
Topic: Looking for Mobile MP3 Player, What Do You Use? Why?
Replies: 8
Views: 887

Re: Looking for Mobile MP3 Player, What Do You Use? Why?

I repurposed an old Galaxy S4 I wasn't using with a 64gb memory card, fresh new extended-life battery and a decent app to play it all. I turn everything off on it except bluetooth and it pretty much lasts forever before needing recharge.
by BanditKing
Fri Jul 14, 2017 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: Possible Relocation to Portland, OR
Replies: 26
Views: 2374

Re: Possible Relocation to Portland, OR

It was my understanding, from what I've read, that if you live in WA, but work in OR, you have to pay OR Income tax anyways. Even if I was working from home, my official "office" would be in Portland proper. If I could technically be employed in WA, then yes I'd definitely consider being across the ...
by BanditKing
Wed Jul 12, 2017 7:30 pm
Forum: Personal Finance (Not Investing)
Topic: Possible Relocation to Portland, OR
Replies: 26
Views: 2374

Re: Possible Relocation to Portland, OR

Beautiful city. Lots to do; Sking, Hiking, Water Sport, great beer & food. I would definitely rent at first, maybe in one of the Suburbs. Public transportation is excellent. I know it's great. Long been at the top of my very short list of American cities to relocate to. If I could get even reasonab...
by BanditKing
Wed Jul 12, 2017 6:27 pm
Forum: Personal Finance (Not Investing)
Topic: Possible Relocation to Portland, OR
Replies: 26
Views: 2374

Possible Relocation to Portland, OR

TLDR; May relocate to Portland, OR and am wondering where to live. I had a second interview today for a new position and I believe it went very well. Will still need to work out the details, and there may be another interview round, but I’m optimistic. However, this would have me relocating from Mad...
by BanditKing
Tue Jun 27, 2017 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Middle age job blues
Replies: 86
Views: 9362

Re: Middle age job blues

This is scary to me too, because I'm exactly where the OP is. I'm 46 working in telecom sales. I've been looking for new work for the last few months (hoping to relocate to Denver) and I'm getting a lot of "they are looking for someone with less experience" when following up with recruiters post-int...
by BanditKing
Mon Jun 26, 2017 6:20 pm
Forum: Investing - Help with Personal Investments
Topic: Looking into selling a structured settlement and need some advice
Replies: 66
Views: 4582

Re: Looking into selling a structured settlement and need some advice

Don't sell. In fact, when the payments start coming, immediately save it or pay down debt - put it in 529s for the kids or pay off the house or cars, or whatever else. You and your family have a wonderful baseline for life, don't blow it away to spend 25% of its value on something that is currently ...
by BanditKing
Fri Jun 23, 2017 1:34 am
Forum: Investing - Help with Personal Investments
Topic: New Employer - New 401(k) Options
Replies: 12
Views: 898

Re: New Employer - New 401(k) Options

That's a good point that I may have misconstrued. I have read a number of things in the forums about international investment making up 20%, but I did take that to mean 20% of the portfolio. I can see how it would make much more sense as 20% equities. Do you think international making up 25% of equ...
by BanditKing
Fri Jun 23, 2017 1:24 am
Forum: Personal Consumer Issues
Topic: Bogleheads: Please help me pick a new car
Replies: 81
Views: 7679

Re: Bogleheads: Please help me pick a new car

Of that list, I'd go with the Lexus.

If you can find a CPO NX or NX Hybrid, the kid should be set through grad school. :)

The goal is to keep it maintained, clean, and long enough to put classic-car plates on it :)
by BanditKing
Thu Jun 22, 2017 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency Fund too large
Replies: 31
Views: 5718

Re: Emergency Fund too large

You could flip the questions another way. How much of your $300k could you stand to lose "on paper", knowing it should eventually come back? If you're only willing to risk 20% of it, then that's different then if you're willing to risk 50% of it. From there, you can find a good AA for it. In the mea...
by BanditKing
Thu Jun 22, 2017 10:30 am
Forum: Investing - Help with Personal Investments
Topic: New Employer - New 401(k) Options
Replies: 12
Views: 898

Re: New Employer - New 401(k) Options

Thanks for the input everyone! I will plan on going with the 48%, 12%, 20%, and 20% allocation. Just a quick clarification. Are you looking for international equity to be 20% of your overall portfolio? Or 20% of the equities portion of your portfolio? Usually, people here post in the later format (...
by BanditKing
Wed Jun 21, 2017 1:58 am
Forum: Investing - Help with Personal Investments
Topic: Royalties &/or Residuals: Invest?
Replies: 6
Views: 715

Re: Royalties &/or Residuals: Invest?

It's an income stream. Do with it what you would do with income normally. I assume over time the royalties will shrink. Personally, I'd consider it "found money" and use it to pay down any debt, makes sure my emergency fund was solid, and then send all of it to investments; pretend I'm not even gett...
by BanditKing
Wed Jun 21, 2017 1:44 am
Forum: Investing - Help with Personal Investments
Topic: New Employer - New 401(k) Options
Replies: 12
Views: 898

Re: New Employer - New 401(k) Options

First, that's a GREAT 401k lineup! Second, check this out how to approximate total market using the S&P500+Extended market https://www.bogleheads.org/wiki/Approximating_total_stock_market Target retirement funds are great, and pretty much "set-it-and-forget-it" fund. Unless you want to rebalance you...
by BanditKing
Mon Jun 19, 2017 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: 19 y/o Windfall Questions
Replies: 25
Views: 3277

Re: 19 y/o Windfall Questions

aristotelian wrote:Probably the best thing you could do for her is take $20 of the $45K and buy the Bogleheads Guide, then let her decide how to invest it.

^^^ This
by BanditKing
Mon Jun 19, 2017 2:26 pm
Forum: Investing - Help with Personal Investments
Topic: What Is The Right Amount For An Emergency Fund?
Replies: 27
Views: 2926

Re: What Is The Right Amount For An Emergency Fund?

I decided I need 2 years EF to feel comfortable. If I was in a field that was less-niche, I'd probably dial it back to 12 months. Just curios, but since your EF is so large (2 years) where do you keep it and do you do tiers? Yes, it's tiered. Some is at Ally Bank. Some is in Series I Bonds at treas...
by BanditKing
Sun Jun 18, 2017 8:49 pm
Forum: Investing - Help with Personal Investments
Topic: What Is The Right Amount For An Emergency Fund?
Replies: 27
Views: 2926

Re: What Is The Right Amount For An Emergency Fund?

My biggest risk of needing to dip into my EF is losing my job. Personally, I'm in a pretty niche field that would require me to relocate when/if I could get a new job. Ageism in the IT industry isn't exactly making it any easier. I decided I need 2 years EF to feel comfortable. If I was in a field t...
by BanditKing
Sun Jun 18, 2017 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Loan vs Mortgage
Replies: 29
Views: 2480

Re: Auto Loan vs Mortgage

Goal33, putting 20% down for a refinance would require more $$ out of pocket versus paying $29k to remove PMI. Should still look into it. With appreciation and your additions, might be able to hit <80%. Worst case it's just the cost of appraisal, but you can get a sense of value when you talk to th...
by BanditKing
Sun Jun 18, 2017 11:53 am
Forum: Personal Consumer Issues
Topic: Office Chair
Replies: 15
Views: 1473

Re: Office Chair

After years of waffling, I just purchased a loaded Aeron chair off Amazon for a little over $630 about a month ago (price has dropped since then). VERY happy with it. Did get different high-quality wheels for it (about $35). My back and butt feels MUCH better than my previous office-depot-quality ch...
by BanditKing
Sun Jun 18, 2017 3:01 am
Forum: Personal Finance (Not Investing)
Topic: Unexpected raise while househunting-- should I change my budget?
Replies: 21
Views: 2663

Re: Unexpected raise while househunting-- should I change my budget?

Don't buy more house than you need. A good BH rule-of-thumb. Take the 25% raise and consider it "found money" and save it to add to your emergency fund and for household repairs. Don't let the raise add to your lifestyle creep outside of joining a gym and maybe taking a roadtrip for a couple weeks o...
by BanditKing
Sun Jun 18, 2017 2:42 am
Forum: Investing - Help with Personal Investments
Topic: How to invest a windfall for the short term
Replies: 8
Views: 870

Re: How to invest a windfall for the short term

I have a windfall "cooking" right now in Vanguards Intermediate Muni fund (VWIUX). My IPS requires me to hold at least 90% of any windfall for at least six months in something relatively low risk before I can tap it. Probably a good option (or the Limited-term or Short-term versions of the Muni fund...
by BanditKing
Sat Jun 17, 2017 9:54 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite Portfolio Tilts
Replies: 86
Views: 7559

Re: Your Favorite Portfolio Tilts

I have a few small tilts. In Bonds, I recently added a 10% tilt towards Emerging Market International bonds In Equities, I have a 10% REIT tilt and the remainder tilts towards US (80/20 US/International) My US itself has a 20% tilt towards consumer goods (Vanguard's VDC ETF) My International has a 2...
by BanditKing
Sat Jun 17, 2017 8:17 pm
Forum: Personal Consumer Issues
Topic: Any alternatives to Tempur-Pedic for memory foam???
Replies: 12
Views: 1453

Re: Any alternatives to Tempur-Pedic for memory foam???

I have a Leesa and have had Tuft and Needles as well. Similar to Casper.

All three are very good quality. Research up which one would have the firmness you want.
by BanditKing
Fri Jun 16, 2017 11:52 am
Forum: Investing - Help with Personal Investments
Topic: USAA opinions. Worth it?
Replies: 53
Views: 5281

Re: USAA opinions. Worth it?

I was with USAA for over 30 years, but finally gave up on them two years ago. Even with multiple insurance products (vehicle, homeowners, umbrella), my rate were over twice what I could get at GEICO or American Family. Sure their service is great, but it just wasn't worth it. I think the thing that ...
by BanditKing
Thu Jun 15, 2017 11:23 pm
Forum: Investing - Help with Personal Investments
Topic: Mortgage Money - What to do if not paying off?
Replies: 2
Views: 557

Re: Mortgage Money - What to do if not paying off?

Money is fungible. It doesn't really care about where it comes from. You just need to know your tax situation as it relates to dividends. That said, you should not have a higher mortgage (or any debt)than you can comfortably handle. If it's that tight, you need to increase income (however you do it)...
by BanditKing
Thu Jun 15, 2017 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: 23YO newbie looking for some help from the experienced!!
Replies: 8
Views: 843

Re: 23YO newbie looking for some help from the experienced!!

I thank everyone for their input. My car payment of 580 includes my insurance which is 280 dollars a month because of my age. I will work on getting my CC down to zero and work on my students loans. Would you suggest me maxing out on a ROTH IRA and then work on my deferred compensation? Also in reg...
by BanditKing
Thu Jun 15, 2017 3:42 pm
Forum: Investing - Help with Personal Investments
Topic: 23YO newbie looking for some help from the experienced!!
Replies: 8
Views: 843

Re: 23YO newbie looking for some help from the experienced!!

The good news is your expenses are pretty low. If living at home is working for you and your parents (ie, you get along and you have adequate privacy), then no reason to change that any time soon. Because of that, you can do things a little different than the general recommended order. Start buy put...
by BanditKing
Thu Jun 15, 2017 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Curious to odd estate question
Replies: 88
Views: 6177

Re: Curious to odd estate question

Put it all on black. If you win, do it again. Repeat until red. Eventually you'll lose and have nothing.
by BanditKing
Tue Jun 13, 2017 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Auto-Debit May Not Be Such a Good Idea
Replies: 25
Views: 3489

Re: Auto-Debit May Not Be Such a Good Idea

I do autopay on most everything that I can. I do "push" my mortgage payment on the 1st of the month from my bank, but that is scheduled as a recurring payment. If I can, it goes to my credit card. For those that don't take credit card, in my case, water, electric as well as my actual Fidelity Visa a...
by BanditKing
Thu Jun 08, 2017 4:57 pm
Forum: Investing - Help with Personal Investments
Topic: Tax-Efficient Placement - International Bonds
Replies: 3
Views: 416

Tax-Efficient Placement - International Bonds

I know many BHers aren't big on International Bonds, and I personally am still undecided on their overall diversification value. That said, VWOB/VGAVX has caught my attention lately, though I acknowledge a little recency-bias in that interest coupled with a couple articles I've read. Out of curiosit...
by BanditKing
Wed Jun 07, 2017 10:08 pm
Forum: Personal Finance (Not Investing)
Topic: Have GEICO auto, asked for quote online, $150 less
Replies: 30
Views: 4035

Re: Have GEICO auto, asked for quote online, $150 less

I'm at GEICO. Recently removed my soon-to-be-ex wife and the premium recalculated to $370/6-mo. I have a $500 deductible, full coverage and roadside service. This is for a 2012 Lincoln MKX and a small tow-behind popup/AFrame camper. I also have a $1M Umbrella policy with them for about $120/yr. GEIC...