Search found 523 matches

by BogleMelon
Mon May 22, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: How to Invest Church Money
Replies: 30
Views: 1149

Re: How to Invest Church Money

In poor people
by BogleMelon
Mon May 22, 2017 2:24 pm
Forum: Investing - Theory, News & General
Topic: Who's into Bitcoin, Altcoins, ICO etc?
Replies: 49
Views: 2942

Re: Who's into Bitcoin, Altcoins, ICO etc?

I failed to understand what bitcoin really is. For me currency is issued in quantity that are equivalent to tangible product or assets. Bitcoin are issued to backup what commodity exactly? i read and read and read, yet haven't got the answer to that basic question. Probably it is my old brain. That ...
by BogleMelon
Mon May 22, 2017 1:36 pm
Forum: Personal Finance (Not Investing)
Topic: Please help me choose between 2 Health plans
Replies: 4
Views: 180

Please help me choose between 2 Health plans

It is that time of the year where my employer shuffles insurance plans and ask us to choose from for the upcoming year. Background: Married with no kids. Both me and my wife are in late 30's. No specific health issues. However my wife had a one day operation 2 years ago. Cash in bank: $40K. $20000 o...
by BogleMelon
Mon May 22, 2017 9:53 am
Forum: Personal Finance (Not Investing)
Topic: Am I eligible to open HSA account?
Replies: 1
Views: 164

Am I eligible to open HSA account?

My employer only offer FSA account. My health insurance plan is as follow: In-network deductible: $1000/ Individual - $2000/family (obviously not HSA eligible) out-of-network deductible: $2000/ Individual - $4000/family Based on the out-of-network deductible, am I eligible to open an HSA account? an...
by BogleMelon
Sun May 21, 2017 7:11 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard International Bond Admiral (VTABX)
Replies: 6
Views: 748

Re: Vanguard International Bond Admiral (VTABX)

2 days ago i knew that vanguard ttl bond fund includes about 5% international bonds anyways. I have no other intl bonds in my portfolio
by BogleMelon
Fri May 19, 2017 1:05 pm
Forum: Personal Consumer Issues
Topic: What are the powers of HR in a company?
Replies: 40
Views: 2962

Re: What are the powers of HR in a company?

I think I personally can agree with the HR=avoid unless really necessary. Just a waste of time to expect anything that would work in my favor if asked to HR instead say my manager. I worked in over 5 companies through my career years so far, I can't remember even a single incident when I appreciated...
by BogleMelon
Thu May 18, 2017 11:49 am
Forum: Personal Consumer Issues
Topic: Paying balance of costly ambulance ride
Replies: 18
Views: 1006

Re: Paying balance of costly ambulance ride

I am not sure about the out-of-network ambulance, but I will share my experience anyways. Once I called 911 for my DW, and they had billed over $2K. My insurance company paid around $500 only, I called the insurance company and said that the emergencies according to my plan should be 100% covered. T...
by BogleMelon
Thu May 18, 2017 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Why do I have international bonds in my 3-fund portfolio?!
Replies: 5
Views: 624

Re: Why do I have international bonds in my 3-fund portfolio?!

My bad then! I was under the impression that the total market bond fund is invested in US bonds only. Specially that in the Target Date fund there is a separate fund for the international funds in addition to the total market bond fund..
by BogleMelon
Thu May 18, 2017 7:59 am
Forum: Investing - Help with Personal Investments
Topic: Why do I have international bonds in my 3-fund portfolio?!
Replies: 5
Views: 624

Why do I have international bonds in my 3-fund portfolio?!

I just linked my 3-fund portfolio (Vanguard) to Personal Capital. The 3-funds are exactly the same that are listed in the wiki: Vanguard Total Stock Market Index Fund (VTSMX) Vanguard Total International Stock Index Fund (VGTSX) Vanguard Total Bond Market Fund (VBMFX) Personal capital Holdings tab i...
by BogleMelon
Thu May 18, 2017 7:44 am
Forum: Investing - Help with Personal Investments
Topic: Employer doesn't offer 401k and already have Roth IRA
Replies: 6
Views: 485

Re: Employer doesn't offer 401k and already have Roth IRA

but because she already max out the Roth IRA she can't use invest in a Traditional IRA. Am I getting the story right with Traditional IRA and Roth IRA? Yes, she can contribute up to $5500/year to Roth and Traditional IRA combined. However, she can change that at anytime. If she has already maxed ou...
by BogleMelon
Wed May 17, 2017 3:40 pm
Forum: Personal Consumer Issues
Topic: What are the powers of HR in a company?
Replies: 40
Views: 2962

Re: What are the powers of HR in a company?

It is really funny how the views on this board are so US centric. Overseas European companies routinely discriminate against women all over England and Europe. The salaries are depressed for women vs men and so are the working conditions. Thus the HR department person that conducted the recent inte...
by BogleMelon
Wed May 17, 2017 3:24 pm
Forum: Personal Consumer Issues
Topic: What are the powers of HR in a company?
Replies: 40
Views: 2962

Re: What are the powers of HR in a company?

It is really funny how the views on this board are so US centric. Overseas European companies routinely discriminate against women all over England and Europe. The salaries are depressed for women vs men and so are the working conditions. Thus the HR department person that conducted the recent inte...
by BogleMelon
Wed May 17, 2017 10:37 am
Forum: Personal Consumer Issues
Topic: What are the powers of HR in a company?
Replies: 40
Views: 2962

Re: What are the powers of HR in a company?

If overseas domiciled company, then overseas HR manager can have a say based on costs. Speaking about the cost, the recruiter posted the salary range already in the Ad. However, he made her feel like this range is way off and just too high! I guess he was playing games but let's see. And yes, it is...
by BogleMelon
Wed May 17, 2017 9:34 am
Forum: Personal Consumer Issues
Topic: What are the powers of HR in a company?
Replies: 40
Views: 2962

What are the powers of HR in a company?

My wife had an 2 interviews in a company within the last couple of days. According to the recruiter, and my wife's impression, they were impressed with her experience. This morning she had an overseas third interview with the HR manager (through Skype). I think it was a normal interview, with salary...
by BogleMelon
Wed May 17, 2017 7:30 am
Forum: Investing - Help with Personal Investments
Topic: Article: "Our emergency fund is exactly $0.00"
Replies: 73
Views: 7182

Re: Article: "Our emergency fund is exactly $0.00"

He is not working for money then. He has reached a financial independence point. That explains a lot. But yes, it doesn't apply to everyone specially people who are still working for money (such as myself)..
by BogleMelon
Tue May 16, 2017 3:39 pm
Forum: Investing - Help with Personal Investments
Topic: Article: "Our emergency fund is exactly $0.00"
Replies: 73
Views: 7182

Re: Article: "Our emergency fund is exactly $0.00"

I didn't see the word "Job loss" in the whole article! The writer seems ignored it at purpose (unless I missed it). The main reason I have EF is the risk of job loss.
by BogleMelon
Tue May 16, 2017 7:28 am
Forum: Personal Finance (Not Investing)
Topic: How to stay on a budget?
Replies: 31
Views: 3078

Re: How to stay on a budget?

If you tried YNAB and didn't stick with it, then probably you used it as a software only, while YNAB is a software and methodology. I use YNAB (classic) successfully for over a year and a half year. The good thing about YNAB is that it knows that life happens, and it is has a solution to overspendin...
by BogleMelon
Mon May 15, 2017 2:44 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance Question
Replies: 10
Views: 617

Re: Auto Insurance Question

To the OP again: For the loss of wages in case of disability, if less than 6 months, I would be self insured, if more than 6 months, I have disability insurance. Loss of life, I have life insurance.
by BogleMelon
Mon May 15, 2017 2:42 pm
Forum: Personal Finance (Not Investing)
Topic: Auto Insurance Question
Replies: 10
Views: 617

Re: Auto Insurance Question

Very interesting topic. I was wondering the same, I actually have the lowest underinsured coverage for the same reason, my medical insurance covers accidents treatment. I live in NJ if that matters. But not sure if I too miss something, so I have subscribed to this post. Thanks to the OP..
by BogleMelon
Fri May 12, 2017 1:34 pm
Forum: Investing - Theory, News & General
Topic: Retirees, what is your marginal tax rate?
Replies: 33
Views: 2857

Retirees, what is your marginal tax rate?

I was thinking about one of these impossible-to-predict topics: tax rate now vs tax rate when retire and Roth now Vs tira now , and thought why not asking people who have already retired to see what is their marginal tax rate now (during retirement) comparing to what it was during accumulation perio...
by BogleMelon
Thu May 11, 2017 2:15 pm
Forum: Personal Consumer Issues
Topic: Charter bought the local cable company...How to get them to stop calling me?
Replies: 8
Views: 813

Re: Charter bought the local cable company...How to get them to stop calling me?

There is an App for that! It is called Truecaller. They have a database and they block such numbers (with some exceptions they could miss of course).
by BogleMelon
Thu May 11, 2017 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Who really needs an umbrella insurance?
Replies: 38
Views: 4854

Re: Who really needs an umbrella insurance?

Thanks everyone! I appreciate all the answers in here!
by BogleMelon
Thu May 11, 2017 1:57 pm
Forum: Personal Finance (Not Investing)
Topic: Who really needs an umbrella insurance?
Replies: 38
Views: 4854

Re: Who really needs an umbrella insurance?

bottlecap wrote:..

Thanks!
by BogleMelon
Thu May 11, 2017 1:56 pm
Forum: Personal Finance (Not Investing)
Topic: Who really needs an umbrella insurance?
Replies: 38
Views: 4854

Re: Who really needs an umbrella insurance?

wolf359 wrote:..

Thank you very much for that through explanation!
by BogleMelon
Thu May 11, 2017 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Who really needs an umbrella insurance?
Replies: 38
Views: 4854

Who really needs an umbrella insurance?

For someone who has net worth less than 80K (including retirement accounts), do I really still need umbrella insurance? P.S: I am renting an apartment in a building, so not responsible for any injuries happens anywhere outside my home. Auto liability is already $500K Edit: I am a corporate cost acco...
by BogleMelon
Thu May 11, 2017 11:09 am
Forum: Investing - Help with Personal Investments
Topic: Help with picking 401K fund(s)
Replies: 12
Views: 446

Re: Help with picking 401K fund(s)

ruralavalon wrote:The interest rate is bareelly good enough in my opinion that you might consider also using the Guaranteed Income Fund if necessary.

Thanks, but would this fund count toward my bonds allocation percentage?
by BogleMelon
Thu May 11, 2017 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Help with picking 401K fund(s)
Replies: 12
Views: 446

Re: Help with picking 401K fund(s)

flamesabers wrote:I also agree with the Dryden S&P 500 Index fund.

Hopefully you're getting an employer's match and/or don't have to also pay high admin fees.

I don't get any match that is why I maxing Roth IRA first. :(
Not sure about the high admin fees, where to find that?!
by BogleMelon
Thu May 11, 2017 10:34 am
Forum: Investing - Help with Personal Investments
Topic: Help with picking 401K fund(s)
Replies: 12
Views: 446

Re: Help with picking 401K fund(s)

ruralavalon wrote:What is the interest rate paid by the Guaranteed Income Fund? The rate is usually stated net of the expense ratio. If it's a good rate then that fund is also a possibility.

Otherwise only the Dryden S&P 500 Index Fund ER 0.61% seems very useable.

5 Yr rate: 1.32%
10 Yr - Since Inception: 1.88%
by BogleMelon
Thu May 11, 2017 10:15 am
Forum: Investing - Help with Personal Investments
Topic: Help with picking 401K fund(s)
Replies: 12
Views: 446

Help with picking 401K fund(s)

I have the below funds available in my 401K, I think the only fund that worth considering in this bad 401K plan is the Dryden S&P 500 Index Fund while the rest are bad ones. Am I right? Guaranteed Income Fund ER 0.85% Fixed Income - Domestic: Core Plus Bond / PGIM Fund ER 0.98% Government Securi...
by BogleMelon
Wed May 10, 2017 3:58 pm
Forum: Personal Finance (Not Investing)
Topic: Bank account with advanced features
Replies: 9
Views: 1062

Re: Bank account with advanced features

I doubt that you will find such feature. The bank (any bank) would hate to see your money get out from your account to another competitor bank, let alone encouraging it with an automated featured. An alternative you may consider is to schedule an auto transfer at a specific day monthly. Ally has thi...
by BogleMelon
Tue May 09, 2017 10:11 pm
Forum: Personal Finance (Not Investing)
Topic: Convertible Life Insurance
Replies: 11
Views: 627

Re: Convertible Life Insurance

I would ignore the other posters who are dismissing the conversion option. Most companies allow you to convert to a guaranteed universal life (sometimes called permanent term insurance). This sounds like no big deal, unless your health has changed for the worse. If your health hasn't changed, you c...
by BogleMelon
Tue May 09, 2017 9:14 pm
Forum: Personal Finance (Not Investing)
Topic: Convertible Life Insurance
Replies: 11
Views: 627

Re: Convertible Life Insurance

Hey Bogleheads, I am actively applying for term life insurance, and my agent is recommending purchasing a "convertible" policy. From what I am reading, this would allow me to convert my term policy to a whole life policy at any time. Of course, this comes at a higher monthly premium. I wa...
by BogleMelon
Tue May 09, 2017 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: international stocks poised to outperform US ???
Replies: 80
Views: 5823

Re: international stocks poised to outperform US ???

"Vanguard's research shows that international stocks are poised to continue this trend of outperformance relative to U.S. 2 things: - Where is that research? - No research can predict the future. For me the whole purpose of having international stock fund is to diversify more broadly, not to o...
by BogleMelon
Mon May 08, 2017 3:55 pm
Forum: Personal Finance (Not Investing)
Topic: Most Common Financial Mistakes
Replies: 108
Views: 13565

Re: Most Common Financial Mistakes

Hawaiishrimp wrote:2. Only matching up to company matching in 401k, never cap at $18k

This is not a financial mistake, not everyone can afford to chop off $18K per year.
by BogleMelon
Mon May 08, 2017 12:24 pm
Forum: Personal Consumer Issues
Topic: Switching Auto Insurance, need advice on Roadside assistant
Replies: 35
Views: 2156

Re: Switching Auto Insurance, need advice on Roadside assistant

Thank you all, I have decided to go with AAA
by BogleMelon
Mon May 08, 2017 12:23 pm
Forum: Personal Consumer Issues
Topic: Switching Auto Insurance, need advice on Roadside assistant
Replies: 35
Views: 2156

Re: Switching Auto Insurance, need advice on Roadside assistant

Towing through AAA does not show up in your CLUE but the same through your insurance company's coverage will show up in your CLUE and may impact your premium. People say this often, without any really backing. I asked my insurance company specifically, and they don't use it for premium setting. Aft...
by BogleMelon
Mon May 08, 2017 10:19 am
Forum: Investing - Help with Personal Investments
Topic: How to efficiently use FIRECALC?
Replies: 19
Views: 1301

Re: How to efficiently use FIRECALC?

I still say you should not be using Roth as your primary retirement savings vehicle unless you expect your tax bracket to be higher in retirement Isn't it the other way around? Shouldn't I use Roth only if my tax bracket in retirement is expected to be higher? If I expect lower tax bracket in retir...
by BogleMelon
Mon May 08, 2017 10:11 am
Forum: Investing - Help with Personal Investments
Topic: How to efficiently use FIRECALC?
Replies: 19
Views: 1301

Re: How to efficiently use FIRECALC?

I still say you should not be using Roth as your primary retirement savings vehicle unless you expect your tax bracket to be higher in retirement Isn't it the other way around? Shouldn't I use Roth only if my tax bracket in retirement is expected to be higher? If I expect lower tax bracket in retir...
by BogleMelon
Mon May 08, 2017 9:42 am
Forum: Investing - Help with Personal Investments
Topic: How to efficiently use FIRECALC?
Replies: 19
Views: 1301

Re: How to efficiently use FIRECALC?

Ah yes, I remember that post. What jumps out at me is that with $95k or more in salary (as you posted) and no pre-tax contribs, you are not in the 15% bracket. You should be putting money away pre-tax not just Roth. This will allow you to save the same amount, pay fewer taxes, and leave you with mo...
by BogleMelon
Mon May 08, 2017 9:07 am
Forum: Investing - Help with Personal Investments
Topic: How to efficiently use FIRECALC?
Replies: 19
Views: 1301

Re: How to efficiently use FIRECALC?

As others are pointing out you can't plan retirement at age 38 unless the plan is to retire at 39 and even then the plan will be highly provisional. That also applies to being 68 and planning to retire at 69 though the variables will be more defined for the shorter time span. The use of FireCalc is...
by BogleMelon
Mon May 08, 2017 8:48 am
Forum: Investing - Help with Personal Investments
Topic: How to efficiently use FIRECALC?
Replies: 19
Views: 1301

Re: How to efficiently use FIRECALC?

As others are pointing out you can't plan retirement at age 38 unless the plan is to retire at 39 and even then the plan will be highly provisional. That also applies to being 68 and planning to retire at 69 though the variables will be more defined for the shorter time span. The use of FireCalc is...
by BogleMelon
Sun May 07, 2017 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: How to efficiently use FIRECALC?
Replies: 19
Views: 1301

How to efficiently use FIRECALC?

Please help me with filling these FIRECALC fields with logical numbers as much as possible: Spending: I know how much I spend per year currently (at age 38). But how much extra I should expect to spend at retirement because of higher health expenses? Example, If I spend now 1X as a healthy person, s...
by BogleMelon
Fri May 05, 2017 2:49 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 17908

Re: Why save so much for when you're old?

Walking through stores, seeing a very old lady mopping the floor at Mcdonalds (while obviously she had a back issue), then another old man giving free samples at Costco while standing up on his feet for long hours, was enough to convince me to save for retirement. And also this: http://i66.tinypic.c...
by BogleMelon
Wed May 03, 2017 12:22 pm
Forum: Personal Consumer Issues
Topic: Switching Auto Insurance, need advice on Roadside assistant
Replies: 35
Views: 2156

Switching Auto Insurance, need advice on Roadside assistant

2 cars: - Car 1 "2009 Hyundai Sonata", main car, use it to commute. - Car 2 "2000 Honda Civic", my wife use it for little errands since she is working from home. The car is not in very good shape mechanically. Current Auto insurance include roadside assistance for both cars at no...
by BogleMelon
Wed May 03, 2017 12:04 pm
Forum: Personal Consumer Issues
Topic: Microsoft, I want my computer back!
Replies: 165
Views: 11430

Re: Microsoft, I want my computer back!

If you upgraded from Win 7, then you can try rolling back to it:
http://www.makeuseof.com/tag/3-ways-to- ... indows-10/
by BogleMelon
Tue May 02, 2017 3:50 pm
Forum: Personal Finance (Not Investing)
Topic: Most Common Financial Mistakes
Replies: 108
Views: 13565

Re: Most Common Financial Mistakes

People, stop saying "not starting young" I didn't start young and this is very discouraging :annoyed
by BogleMelon
Tue May 02, 2017 3:18 pm
Forum: Personal Finance (Not Investing)
Topic: Most Common Financial Mistakes
Replies: 108
Views: 13565

Re: Most Common Financial Mistakes

keeping up with the joneses. The rest are just consequences..
by BogleMelon
Tue May 02, 2017 2:37 pm
Forum: Investing - Theory, News & General
Topic: Giving a Talk on Personal Finance & Investing - Advice?
Replies: 41
Views: 2515

Re: Giving a Talk on Personal Finance & Investing - Advice?

Shouldn't you add a topic for taxes and tax brackets (marginal tax rate vs effective tax rate and why marginal tax rate matters...etc)?

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