Search found 17 matches

by BigMoneyNoWhammies
Mon Jan 22, 2018 2:53 am
Forum: Investing - Help with Personal Investments
Topic: Advice for a college student
Replies: 2
Views: 99

Re: Advice for a college student

For the long term investments: Those are some relatively high expense ratios in the taxable account funds. Assuming it won't be too big of a hit to sell, I'd get out of the funds your in now and go for any number of far lower expense ratio funds. You can easily find multiple finds in the sub .10 ran...
by BigMoneyNoWhammies
Sun Jan 21, 2018 12:22 am
Forum: Investing - Theory, News & General
Topic: Lower tax rates for 7 yrs.-Are you switching to Roth 401K
Replies: 50
Views: 3404

Re: Lower tax rates for 7 yrs.-Are you switching to Roth 401K

With the personal tax rates lowering in 2018 (but only for the next 7 yrs), is anyone going to start contributing more to their Roth 401K vs Traditional 401K? If you invest in the Roth 401K for the next 7 years you know you will be in a lower tax bracket, at least until 2025. After 2025, we know th...
by BigMoneyNoWhammies
Fri Jan 19, 2018 1:25 pm
Forum: Investing - Theory, News & General
Topic: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?
Replies: 34
Views: 2227

Re: TSP's F Fund outperforms the G Fund, so why is the G Fund favored?

The G Fund is one of the only "free lunches" around. Unlike the F Fund, the G Fund has no credit risk, no duration risk, and is subject only to upward volatility. It's essentially cash with the yield of an intermediate term bond fund. Investors may hold "less" of the G Fund to achieve the same leve...
by BigMoneyNoWhammies
Wed Jan 03, 2018 4:51 pm
Forum: Personal Finance (Not Investing)
Topic: Two vastly different career considerations...Stability vs. Income
Replies: 64
Views: 4031

Re: Two vastly different career considerations...Stability vs. Income

I'm in my mid 30s and unemployed for the first time. I have the opportunity to return to something similar to my prior role with 10 years of experience. I also have a rare opening into another type of job through a friend. Job A : Pros : I know the job already. I went to school for it. I'm good at ...
by BigMoneyNoWhammies
Tue Jan 02, 2018 12:43 pm
Forum: Investing - Help with Personal Investments
Topic: Dividends
Replies: 40
Views: 4001

Re: Dividends

I made the mistake of reinvesting my dividends in a taxable account - never again. It is a book keeping nightmare. And generically stated, as we recently have seen, Congressional action is a treat to your financial planning. I generally drained off my taxable dividends into a cash reserve account a...
by BigMoneyNoWhammies
Thu Oct 05, 2017 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Are credit cards rewards worth it?
Replies: 103
Views: 6959

Re: Are credit cards rewards worth it?

I charge everything on my credit card for the 2% cash back (citi double cash). I also like seeing how much I spent each month. I PAY MY BALANCE IN FULL EVERY MONTH. But I hate seeing that I owe. Id rather use my debt card. Is the 2% cash back worth it. Do you use debt or credit and if credit what r...
by BigMoneyNoWhammies
Thu Oct 05, 2017 12:19 pm
Forum: Investing - Help with Personal Investments
Topic: How much should an 18 year old keep in bonds?
Replies: 28
Views: 1625

Re: How much should an 18 year old keep in bonds?

https://i.imgur.com/XK5Fpxj.png Here is my current portfolio - I'm maxing out my Roth IRA using the VLXVX fund (2065 TD fund). Someone told me at my age, I should get rid of the bonds and instead buy "Vanguard Total Stock Market Index Fund Investor Shares" and "Vanguard Total International Stock In...
by BigMoneyNoWhammies
Thu Aug 10, 2017 1:12 pm
Forum: Investing - Theory, News & General
Topic: Alternatives to the Vanguard Total International Fund?
Replies: 33
Views: 4144

Re: Alternatives to the Vanguard Total International Fund?

You're right. I am chasing performance. And I guess this butts up against the Boglehead philosophy. But, 10 years from now, when I see that certain managed mutual funds that specialize in international stocks have continued to trounce VXUS as they have these past 10 years don't you think I'm going ...
by BigMoneyNoWhammies
Thu Aug 10, 2017 1:01 pm
Forum: Personal Consumer Issues
Topic: Buy EZ Pass transponder for road trip?
Replies: 45
Views: 3475

Re: Buy EZ Pass transponder for road trip?

DW & I are planning a road trip for the fall through several states--primarily in the NE US. We will be taking one of our vehicles but not sure yet which one. Some preliminary trip-planning indicates that we probably will be traveling toll roads in several states. We have little experience driving ...
by BigMoneyNoWhammies
Tue Aug 08, 2017 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: How do you manage cash back rewards?
Replies: 26
Views: 2835

Re: How do you manage cash back rewards?

When a cash back balance appears on your credit card statement, what do you do with the money? This question assumes one is able to pay off the CC each statement period and not carry a balance (since those that carry a balance should use the cash back reward toward paying the balance). - immediatel...
by BigMoneyNoWhammies
Tue Aug 08, 2017 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market vs. Savings Accounts
Replies: 44
Views: 8204

Re: Vanguard Money Market vs. Savings Accounts

There are plenty of FDIC insured banks w/ savings accounts that have APY > Vanguards Prime Money Market Fund. Goldman Sachs is one example paying 1.2% APY. Seems like opening a new savings account with a higher APY checks off a lot of your list. Good points and I liked the Soldman Sachs note. I tho...
by BigMoneyNoWhammies
Thu Jul 27, 2017 2:29 pm
Forum: Personal Finance (Not Investing)
Topic: Mid/Late 20's - Student Loan Paydown vs Saving for Retirement
Replies: 19
Views: 1925

Re: Mid/Late 20's - Student Loan Paydown vs Saving for Retirement

Why do you need a 35k emergency fund? How much are your monthly expenses? Unless you're living way above your means, 15k is plenty for an emergency fund at this stage. If I were you, I would start dumping as much money as possible into your 6.8% student loans and get rid of them asap. While you're ...
by BigMoneyNoWhammies
Wed Jul 26, 2017 4:08 pm
Forum: Investing - Help with Personal Investments
Topic: Dollar Cost Averaging Help
Replies: 37
Views: 2429

Re: Dollar Cost Averaging Help

Just to reinforce a bit what Alex said. Studies have shown that dollar cost averaging is not the best financial approach. I am, however, a strong believer that it is the correct approach for many investors because psychology and emotion are major aspects of investing. Also keep in mind that most on...
by BigMoneyNoWhammies
Wed Jul 26, 2017 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Why not Schwab instead of Vanguard?
Replies: 68
Views: 5604

Re: Why not Schwab instead of Vanguard?

Many Bogleheads use Schwab. Personally, I use them and Fidelity and Vanguard and TDAmeritrade. What Schwab gives you is the lowest ER funds and ETFs for normal people (meaning you don't have $10MM to put in one of Fidelity's grand pubah class funds). They also have $100 minimum for the account and ...
by BigMoneyNoWhammies
Mon Jul 17, 2017 9:56 am
Forum: Investing - Help with Personal Investments
Topic: Why Not REIT's?
Replies: 47
Views: 5456

Re: Why Not REIT's?

Reit payouts are very low compared to historical, e-commerce is killing a lot of malls, and mall visits are down even in some of the very popular ones. Reits just became the 11th sector in the Global Industry Classification System (S&P and MSCI joint venture) testifying that they are not an undisco...
by BigMoneyNoWhammies
Tue Jul 11, 2017 12:33 pm
Forum: Investing - Theory, News & General
Topic: TSP Expense Ratio jumps to 0.038%
Replies: 72
Views: 9069

Re: TSP Expense Ratio jumps to 0.038%

The ER has been 0.29%. Though it's still lower than anything else we have. This will make the decision to get completely out of TSP when DW retires (because of the limited withdrawal options) into Vanguard institutional that much easier. Until Vanguard comes out with a government bond fund with a d...
by BigMoneyNoWhammies
Tue Jul 11, 2017 12:12 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on individual dividend investing?
Replies: 80
Views: 6321

Re: Thoughts on individual dividend investing?

Depending on your chosen source, historically dividends account for roughly half the oft quoted 7% annualized return of the market over the past 100 years, so investing in them individually can seem attractive prima facie, but a great many individual factors alter whether a stock is a good pick beyo...