Search found 764 matches

by Clever_Username
Sat Feb 17, 2018 9:09 pm
Forum: Investing - Theory, News & General
Topic: I bonds instead of Total bond in a 3-fund portfolio?
Replies: 9
Views: 1143

Re: I bonds instead of Total bond in a 3-fund portfolio?

I like Series I Bonds. I have bought the maximum every year since 2014, when I first bought them. I plan to do so in 2018 as well and I don't foresee a reason why I wouldn't do so in the next several years too. But I also don't see how to re-balance out of them or into them if desired or needed. I d...
by Clever_Username
Fri Feb 16, 2018 11:17 am
Forum: Personal Finance (Not Investing)
Topic: How to get child's skin in the game for college?
Replies: 133
Views: 5898

Re: How to get child's skin in the game for college?

My parents paid for my first year of university. I got a scholarship for my second and that year began working on-campus as well (I also worked in high school, but not my first year of college other than some occasional tutoring). I got loans for my third and fourth years and was fully covered for g...
by Clever_Username
Thu Feb 15, 2018 3:54 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 109
Views: 7449

Re: What big item (>20k) are you saving up for?

I am always surprised when I see someone younger wearing a watch. Wouldn't spend more than 50 bucks on a watch but to each their own. Just doesn't do enough for me to spend any kind of money when I can get one much cheaper that does the same thing. The watch I wear daily was a gift for me from my b...
by Clever_Username
Thu Feb 15, 2018 2:19 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 109
Views: 7449

Re: What big item (>20k) are you saving up for?

My car is almost at an eighth of a million miles. That's a weird way of saying "just shy of 125,000." I suppose. I wanted it to sound like less than it is maybe so it would feel like. Sort of the opposite to how when I lived in a cold climate, I would express the temperature in Rankine to make it f...
by Clever_Username
Thu Feb 15, 2018 2:18 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 6308

Re: PSA: Bank of America now charges $12/month for checking

I have had my account at BofA since the late 80s. I think I was charged a fee once, and I called and got it reversed... and an apology letter got sent to me. I should have kept and framed that letter if I had known how rare it'd be. In any case, I have all my bill pay and such set up at BofA. Conven...
by Clever_Username
Thu Feb 15, 2018 1:59 pm
Forum: Personal Consumer Issues
Topic: What big item (>20k) are you saving up for?
Replies: 109
Views: 7449

Re: What big item (>20k) are you saving up for?

My car is almost at an eighth of a million miles. I suppose in the next decade or so I'll need a new-to-me one, might even go new and might even go over $20k. Remains to be determined!
by Clever_Username
Thu Feb 15, 2018 11:09 am
Forum: Personal Consumer Issues
Topic: Vanguard Golf Balls
Replies: 11
Views: 1170

Re: Vanguard Golf Balls

Didn't know this was a thing. I also don't like putting logos of things I like on my golf ball -- what if I end up needing to hit that logo for my second or later shot? It's only on the tee where I can make sure I don't hit that logo (or if you're inclined to put your ball down when putting in a par...
by Clever_Username
Tue Feb 13, 2018 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16343

Re: Number at which to stop worrying

I stopped worrying about finances when we accumulated enough that if we saved $0 additional dollars compound interest alone would get us there. That number also means that if we move into a smaller home and cut our expenses we can retire today. That number also means we can go part time starting to...
by Clever_Username
Mon Feb 12, 2018 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Number at which to stop worrying
Replies: 170
Views: 16343

Re: Number at which to stop worrying

I'm mid-30s, no kids, no spouse, have approx. 5.5x current spending across retirement accounts. Am I worried? Not in the big picture "will I get there" sense. Still working on specifics and so on. I think I'll comfortably hit 25x at some point. Whether or not that I stop worrying then remains to be ...
by Clever_Username
Mon Feb 12, 2018 6:51 pm
Forum: Personal Finance (Not Investing)
Topic: Lower Payroll Withholding - What are you doing with it?
Replies: 32
Views: 2252

Re: Lower Payroll Withholding - What are you doing with it?

Increased retirement withholding from $2,250.00 per month to $2,291.66 to take advantage of the new ceiling for 403b annual contributions which increased from $27,000 to $27,500 with the new tax bill. Wait, what? I'm only contributing $18,500 to my 403(b) this year, not including the school's match...
by Clever_Username
Mon Feb 12, 2018 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Accountant not doing taxes while you are there
Replies: 21
Views: 2118

Re: Accountant not doing taxes while you are there

I hire an EA. He sends me an electronic organizer. I send him that filled out (takes me maybe 30 minutes), then the documents, and any questions I may have.
by Clever_Username
Mon Feb 12, 2018 2:36 pm
Forum: Personal Finance (Not Investing)
Topic: Lower Payroll Withholding - What are you doing with it?
Replies: 32
Views: 2252

Re: Lower Payroll Withholding - What are you doing with it?

Increased retirement withholding from $2,250.00 per month to $2,291.66 to take advantage of the new ceiling for 403b annual contributions which increased from $27,000 to $27,500 with the new tax bill. Wait, what? I'm only contributing $18,500 to my 403(b) this year, not including the school's match...
by Clever_Username
Mon Feb 12, 2018 11:56 am
Forum: Investing - Help with Personal Investments
Topic: 4% rule and early retirement?
Replies: 69
Views: 8166

Re: 4% rule and early retirement?

That means we will NOT be using the 4% SWR - which includes 1% AUM, and a COLA every year. To be sure, you're paying someone 1% AUM? I think Sandi_k is saying that the 4% rule assumes you're paying someone 1% AUM, so it's really "you get 3% + are paying someone 1%" as opposed to a self-managed 4% w...
by Clever_Username
Mon Feb 12, 2018 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Lower Payroll Withholding - What are you doing with it?
Replies: 32
Views: 2252

Re: Lower Payroll Withholding - What are you doing with it?

I'm going to be the boring answer, aren't I? Even with the old tax rates, I'd have a surplus each month that I'd be investing in my non-tax-advantaged accounts according to my asset allocation. So... I'll be allocating it according to my asset allocation. Want to hear something really stupid? Since ...
by Clever_Username
Sun Feb 11, 2018 3:44 pm
Forum: Investing - Theory, News & General
Topic: I-Bonds?
Replies: 80
Views: 12656

Re: I-Bonds?

iBonds are amazing. I started buying in my early 30s (I'm mid-30s now). If I have to redeem them when I'm in my early 60s (due to the 30 year limit), well, that's likely a low tax year for me (I anticipate being at least semi-retired by then), and if it isn't, oh well. For all the time between purch...
by Clever_Username
Sat Feb 10, 2018 11:54 am
Forum: Personal Finance (Not Investing)
Topic: How to prepare for impact of marked inflation, devalue of dollar
Replies: 10
Views: 892

Re: How to prepare for impact of marked inflation, devalue of dollar

I've read elsewhere that one has to have a "retirement hustle" when things don't turn out as expected. See: https://earlyretirementnow.com/2018/02/07/the-ultimate-guide-to-safe-withdrawal-rates-part-23-flexibility/ As for food, I have found that I when I started eating like forum member stoptothink...
by Clever_Username
Fri Feb 09, 2018 9:06 pm
Forum: Investing - Theory, News & General
Topic: Contributing all Bonus to 401K during this market free fall ?
Replies: 14
Views: 1070

Re: Contributing all Bonus to 401K during this market free fall ?

It's always a good time to contribute to your 401(k). Well, almost always. A bad time would be if contributing more now means you miss out on matching funds later. You should check to see. Some companies do a true-up, some are matching on a per-paycheck basis. Also you say $18k/year. FYI, in 2018 yo...
by Clever_Username
Fri Feb 09, 2018 12:16 pm
Forum: Investing - Theory, News & General
Topic: "The stock market is officially in a correction... here's what usually happens next"
Replies: 83
Views: 13103

Re: "The stock market is officially in a correction... here's what usually happens next"

I want to know how the people who invest weekly do it. Is your source of income weekly? I get paid monthly so I invest monthly, nine months a year. In any case, I'll be doing what I be doing. A little over two weeks from now is my next paycheck, and with it, a retirement account contribution and a n...
by Clever_Username
Fri Feb 09, 2018 12:10 pm
Forum: Investing - Theory, News & General
Topic: Should you sell your investments when they start dropping? When should you invest during this market correction?
Replies: 52
Views: 4101

Re: Should you sell your investments when they start dropping? When should you invest during this market correction?

Should you sell your investments when they start dropping? When should you invest during this market correction? I don't see why not sell now and wait for the market to drop more and then buy them again. Will the market go up as fast as it is going down? (I am kind of playing devil's advocate here)...
by Clever_Username
Thu Feb 08, 2018 7:57 pm
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 245
Views: 188946

Re: A time to EVALUATE your jitters

The past few days have been very useful for me. I was well aware of the drops in value and even logged in to check my portfolio after the value was recalculated following the largest drop. I did that on purpose to evaluate myself. Didn't cause me to even think of the sell button. Not that I'm ready...
by Clever_Username
Wed Feb 07, 2018 12:22 pm
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 245
Views: 188946

Re: A time to EVALUATE your jitters

The past few days have been very useful for me. I was well aware of the drops in value and even logged in to check my portfolio after the value was recalculated following the largest drop. I did that on purpose to evaluate myself. Didn't cause me to even think of the sell button. Not that I'm ready ...
by Clever_Username
Mon Feb 05, 2018 3:40 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market vs. Savings Accounts
Replies: 78
Views: 14642

Re: Vanguard Money Market vs. Savings Accounts

If you are in a higher tax bracket, why wouldn't you choose VMSXX, the Vanguard Municipal Money Market? It has an SEC yield of 1.0% and the dividends are free of federal tax. Ooooh... good point. I use Vanguard's basic prime money market account (VMMXX). However, I see now there's also a Federal Mo...
by Clever_Username
Sun Feb 04, 2018 11:05 am
Forum: Personal Finance (Not Investing)
Topic: Vanguard Money Market vs. Savings Accounts
Replies: 78
Views: 14642

Re: Vanguard Money Market vs. Savings Accounts

So the split of the little cash I keep is roughly $9000 at my bank, split between checking and savings. I don't even know why I continue to have a designated savings account. I guess a batch of money at the bank itself but that somehow isn't in my checking? I then have about $6000 at Vanguard in MM....
by Clever_Username
Sat Feb 03, 2018 12:24 am
Forum: Personal Consumer Issues
Topic: Relearning Calculus
Replies: 81
Views: 5983

Re: Relearning Calculus

Take a calculus class at a local college. In my opinion you will get a lot more out of it than just going through books on your own. I'm an electrical engineer and decided to take a class on digital signal processing post graduate. I enjoyed it a lot more than my college years. Being able to concen...
by Clever_Username
Fri Feb 02, 2018 2:30 pm
Forum: Personal Consumer Issues
Topic: Relearning Calculus
Replies: 81
Views: 5983

Re: Relearning Calculus

Take a calculus class at a local college. In my opinion you will get a lot more out of it than just going through books on your own. I'm an electrical engineer and decided to take a class on digital signal processing post graduate. I enjoyed it a lot more than my college years. Being able to concen...
by Clever_Username
Fri Feb 02, 2018 11:42 am
Forum: Personal Finance (Not Investing)
Topic: Emergency Money
Replies: 25
Views: 2534

Re: Emergency Money

A little over 1.5 months expenses in checking. Three months total between checking, savings, and MM at Vanguard. As I am a teacher and not an at-will employee, I don't see the need for a larger as-cash. Next tiers, order TBD. I have over 7.5 months' expenses in iBonds, have yet to purchase for 2018....
by Clever_Username
Tue Jan 02, 2018 2:18 pm
Forum: Personal Finance (Not Investing)
Topic: Max It Out Tomorrow [your IRA]
Replies: 164
Views: 17963

Re: Max It Out Tomorrow [your IRA]

Sadly, I cannot backdoor and my income is at that level where I might or might not be able to contribute anything to a Roth IRA in 2018. Same problem in 2017, although I now have the information to calculate if I can finally make my 2017 contribution.
by Clever_Username
Tue Jan 02, 2018 2:16 pm
Forum: Personal Finance (Not Investing)
Topic: Sold two rental properties - Pay CPA or do taxes myself?
Replies: 7
Views: 453

Re: Sold two rental properties - Pay CPA or do taxes myself?

2017 included me selling a condo I used to live in that I rented out for approximately a year and a half of the 10.5 years I owned it. But even without that, I've hired an EA to do my taxes every year since 2011. I find the few dollars I spend on this (I think it costs me ~$300/year) is well worth it.
by Clever_Username
Sat Dec 30, 2017 10:19 pm
Forum: Personal Finance (Not Investing)
Topic: Do you see a meaningful change in your income with new Tax Bill?
Replies: 266
Views: 21307

Re: Do you see a meaningful change in your income with new Tax Bill?

I don't know. I will have more gross income in 2018 than in 2017 as a result of (a) having taken on fewer than usual responsibilities at work in 2017 and (b) taking more than usual responsibilities at work in 2018. That's unrelated to the tax bill, though, so the question I guess would be whether I ...
by Clever_Username
Sat Dec 30, 2017 10:02 pm
Forum: Personal Finance (Not Investing)
Topic: Where I need to keep my Emergency cash
Replies: 24
Views: 1927

Re: Where I need to keep my Emergency cash

My cash reserves at the moment are 1.5 months in the bank and 1.5 months in a money market at Vanguard. I have enough liquid and semi-liquid things I can draw on if needed (muni bonds, iBonds, etc) that I don't see the need to keep more than three months' expenses in cash, and even then I think that...
by Clever_Username
Sun Dec 24, 2017 9:45 pm
Forum: Personal Consumer Issues
Topic: Streaming Eagles-Raiders Game on Christmas Evening
Replies: 7
Views: 1107

Re: Streaming Eagles-Raiders Game on Christmas Evening

You might want to check the local channels for where ever you will be. For example I believe Sky Sports broadcasts many NFL games in the UK. They may also stream some games. It's slightly surreal if they have local commentators instead of picking up the the American announcers. Watching it in the w...
by Clever_Username
Tue Dec 19, 2017 12:42 pm
Forum: Personal Finance (Not Investing)
Topic: How much did you contribute to your 401k in 2017?
Replies: 155
Views: 10820

Re: How much did you contribute to your 401k in 2017?

$0.

But I contributed the max, I think (one paycheck to go) to my 403(b) at work. I asked HR to do it and I'm on track to do it from other paychecks.

I'm under 50 so that's $18000 plus uni's contribution.
by Clever_Username
Mon Nov 20, 2017 4:03 pm
Forum: Personal Finance (Not Investing)
Topic: Dave Ramsey says don't use credit cards, even if you pay them off
Replies: 221
Views: 14954

Re: Dave Ramsey says don't use credit cards, even if you pay them off

I'm not, nor have I ever been, in Dave Ramsey's target demographic. If you have debt addiction issues, you are and probably should at least consider his suggestions regarding debt management, including the whole "stop accruing debt, even useful varieties." Otherwise, I mentally put him in the same c...
by Clever_Username
Tue Nov 07, 2017 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with single state muni fund?
Replies: 8
Views: 854

Re: What to do with single state muni fund?

I assume your new state has an income tax. Otherwise there's no harm in keeping CA only funds, except for lack of diversification. Even if you stay below the ACA cliff, you will effectively be taxed 9.5 % for loss of subsidy. So your marginal capital gains rate on ACA will be not 16 % but 25.5 % as...
by Clever_Username
Mon Nov 06, 2017 7:24 pm
Forum: Investing - Theory, News & General
Topic: Why is Vanguard sending so much junk mail telling me to vote in the proxy election?
Replies: 50
Views: 6084

Re: Why is Vanguard sending so much junk mail telling me to vote in the proxy election?

Somehow they aren't bugging me, except when I log in, to remind me to vote. Just did so. Maybe I misunderstood, but one question seems to say (as someone else here implies also) that the index funds can choose to not be index funds if something passes. No thanks.
by Clever_Username
Wed Nov 01, 2017 7:17 pm
Forum: Local Chapters and Bogleheads Community
Topic: Taylor Larimore Member #495
Replies: 17
Views: 7748

Re: Taylor Larimore Member #495

Hello, Taylor! It's been along time and all the suggestions from you and Mel are still at work - quite successfully, I might add! Karl Karl: As your post suggests, I have enjoyed 10 wonderful years learning and helping others on the Bogleheads Forum. It has enhanced my life immeasurably. Thank you,...
by Clever_Username
Wed Nov 01, 2017 2:03 pm
Forum: Investing - Theory, News & General
Topic: I Bond fixed rate 0.10% [November rate announced]
Replies: 31
Views: 4550

Re: IBonds - now or wait? [November 2017 rate]

Oooh, this is exciting. I maxed out my 2017 already, and I'll probably max out 2018 by end of April, but at least those ones I get then will be at a non-zero fixed rate.
by Clever_Username
Fri Oct 20, 2017 10:18 pm
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 88
Views: 13673

Re: new 401(k) limits announced

This is probably a stupid question on my part, but are other workplace plans affected too? I'm particularly interested to know if I can contribute the new amount to my 403(b). Yes, of course.... "The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal...
by Clever_Username
Fri Oct 20, 2017 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 88
Views: 13673

Re: new 401(k) limits announced

This is probably a stupid question on my part, but are other workplace plans affected too? I'm particularly interested to know if I can contribute the new amount to my 403(b).
by Clever_Username
Tue Oct 10, 2017 9:06 pm
Forum: Personal Finance (Not Investing)
Topic: [Boglehead vs Mr Money Mustache philosophies]
Replies: 203
Views: 16834

Re: [Boglehead vs Mr Money Mustache philosophies]

I must be the wrong type of doctor. I'm nowhere near $400K/year. I'm happy if I get a third of that.
by Clever_Username
Thu Oct 05, 2017 11:05 am
Forum: Personal Finance (Not Investing)
Topic: How much worth house should one buy?
Replies: 73
Views: 4789

Re: How much worth house should one buy?

Well, this thread is worrying (for me). On one hand, the greater Los Angeles area is a bit expensive for housing ... on the other hand, my Vanguard account (where most of my non-house-related net-worth lives) is about 50% of the purchase price of my home. On the other hand, it seems a lot of people ...
by Clever_Username
Tue Oct 03, 2017 9:44 am
Forum: Investing - Help with Personal Investments
Topic: Would you recommend moving an Edwards Jones IRA to Vanguard?
Replies: 16
Views: 1668

Re: Would you recommend moving an Edwards Jones IRA to Vanguard?

Personally I would follow the steps in the Vanguard link below :happy https://investor.vanguard.com/account-transfer/how-to-transfer-money I want to second this (and the overall recommendation) and emphasize the part where you do a PULL from Vanguard (by starting the process with them) rather than ...
by Clever_Username
Thu Sep 28, 2017 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Expanding to taxable, efficiency question
Replies: 6
Views: 782

Re: Expanding to taxable, efficiency question

Thank you to everyone for the feedback; I really do appreciate it. It looks like I'm going to go with California intermediate-term (unless there's some reason I should go with long-term) tax-exempt bond fund in taxable, and adjust my allocation of stocks/bonds in my 403(b) and/or IRA(s) to keep the ...
by Clever_Username
Thu Sep 28, 2017 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: Expanding to taxable, efficiency question
Replies: 6
Views: 782

Re: Expanding to taxable, efficiency question

Thank you both for the advice! As a California resident, Vanguard offers Short, Intermediate and Long-Term CA Tax-Exempt Bond funds. With these you would get Federal and State tax-exempt interest. (I admit, I do not know if there are "gotchas" that could cause you to not be able to capture the tax-e...
by Clever_Username
Thu Sep 28, 2017 11:50 am
Forum: Investing - Help with Personal Investments
Topic: Expanding to taxable, efficiency question
Replies: 6
Views: 782

Expanding to taxable, efficiency question

Emergency funds: Yes, plenty. Debt: Mortgage (I do not plan to pay mine down early), nominal student loan debt (very low interest rate, automatic payments) Tax Filing Status: Single Tax Rate: 28% Federal, 9.3% State State of Residence: California Age: 34 Desired Asset allocation: 70% stocks / 30% bo...
by Clever_Username
Thu Jul 20, 2017 1:24 pm
Forum: Personal Consumer Issues
Topic: Keurig vs coffeemaker - and the Keurig won
Replies: 53
Views: 5136

Re: Keurig vs coffeemaker - and the Keurig won

A friend of mine won a second (to him) Keurig a while back and was trying to get rid of it. He gave it to me as a housewarming present (at my now-old apartment) 14 months ago. It's great. (Edit: this statement makes it look resentful; I'm not. It's a great gift and I don't intend to demean how my fr...
by Clever_Username
Sun Jul 16, 2017 9:24 am
Forum: Personal Finance (Not Investing)
Topic: Buying beach bungalow in San Diego for Winters
Replies: 55
Views: 5425

Re: Buying beach bungalow in San Diego for Winters

Reasons already covered to not do it: * Beyond your stated budget * Managing a rental property that far away can be a problem * California will likely consider you a full-time resident for tax purposes. Important reason not yet covered: * Pizza. If you live in Chicago, you're probably used to good p...
by Clever_Username
Mon Jul 03, 2017 6:49 pm
Forum: Personal Consumer Issues
Topic: Verizon- Why do they treat old customers worse?
Replies: 47
Views: 6164

Re: Verizon- Why do they treat old customers worse?

If I could find a cheap way to exclude Comcast and their ilk from my TSM holdings, I would happily do so. You could hold an equivalent short position after calculating just how much Comcast stock you own (total TSM * their % of total market). This may or may not achieve what you're looking for thou...
by Clever_Username
Mon Jul 03, 2017 9:10 am
Forum: Personal Finance (Not Investing)
Topic: FIREcalc says I can retire. Should I ?
Replies: 19
Views: 4374

Re: FIREcalc says I can retire. Should I ?

I may have missed the key point: do you want to retire? Retiring when you have no desire to do doesn't strike me as a good idea. You could also consider scaling back your time at work if your employer is amenable to this. A few days a week or reduced hours might make for a great work week with extra...
by Clever_Username
Mon Jul 03, 2017 9:07 am
Forum: Personal Consumer Issues
Topic: Verizon- Why do they treat old customers worse?
Replies: 47
Views: 6164

Re: Verizon- Why do they treat old customers worse?

I don't know, Verizon treated me pretty poorly as a potential customer. I inquired about FIOS service, found out in my then-area it was slower than traditional cable internet, so I declined. They sent me a bill for the call!

I didn't pay and challenging it was a hassle.