Search found 598 matches

by Clever_Username
Fri Jun 24, 2016 9:36 am
Forum: Investing - Help with Personal Investments
Topic: Rule of Thumb: Max out 401K/Roth 401K BEFORE Roth IRA?
Replies: 7
Views: 741

Re: Rule of Thumb: Max out 401K/Roth 401K BEFORE Roth IRA?

Yep, circumstances based. My workplace plan has Vanguard Institutional shares, so that works better for me than my Roth IRA, which is merely in Admiral shares.
by Clever_Username
Sun May 01, 2016 12:56 pm
Forum: Personal Consumer Issues
Topic: So, are Bogleheads Bourbon or Scotch drinkers?
Replies: 115
Views: 7822

Re: So, are Bogleheads Bourbon or Scotch drinkers?

Yes; preference for Scotch. Glencairn glasses, drink it neat, the whole deal. I prefer Islay, but there are others I like too. I have no issues spending $60+ on a good Ardbeg or Laphroaig. They last me a bit too, so this isn't a monthly expense or anything. I'm slowly getting into Bourbon. Current ...
by Clever_Username
Sat Apr 30, 2016 12:02 pm
Forum: Personal Consumer Issues
Topic: So, are Bogleheads Bourbon or Scotch drinkers?
Replies: 115
Views: 7822

Re: So, are Bogleheads Bourbon or Scotch drinkers?

Yes; preference for Scotch. Glencairn glasses, drink it neat, the whole deal. I prefer Islay, but there are others I like too. I have no issues spending $60+ on a good Ardbeg or Laphroaig. They last me a bit too, so this isn't a monthly expense or anything. I'm slowly getting into Bourbon. Current f...
by Clever_Username
Sun Apr 17, 2016 11:37 am
Forum: Personal Finance (Not Investing)
Topic: HELP! HR Doesn't Believe in Index Funds for 401k
Replies: 64
Views: 6092

Re: HELP! HR Doesn't Believe in Index Funds for 401k

What fraction of your portfolio is this 401(k)? You might just be able to use the S&P index, along with maybe the stable value fund, for your needs at work. Also, how long have you been at this company, and how long do you intend to be there? If the 401(k) either does or sorta-does fit your port...
by Clever_Username
Sat Apr 16, 2016 5:39 pm
Forum: Personal Consumer Issues
Topic: Stub Hub High Fees - WOW
Replies: 29
Views: 3535

Re: Stub Hub High Fees - WOW

I'm so happy that people are finally interested in seeing the Diamondbacks play. Okay, on topic: the business model for a lot of these places is being hated. As in, they allow the ticket seller (venue, band, whoever) to charge more while claiming a lower face value on the ticket, and they take the b...
by Clever_Username
Fri Apr 15, 2016 12:30 pm
Forum: Personal Consumer Issues
Topic: Non-Compete Clause
Replies: 20
Views: 2500

Re: Non-Compete Clause

Another vote for having an employment lawyer look at it. For a few bucks, you'll know exactly where you stand legally if you sign it or don't sign it.
by Clever_Username
Wed Apr 13, 2016 5:51 pm
Forum: Investing - Theory, News & General
Topic: Total Bond Achilles Heel?
Replies: 47
Views: 5938

Re: Total Bond Achilles Heel?

telemark wrote:I did a search in bloomberg.com for "Achilles heel", and it seems to be a meme there: just about everything has an Achilles heel, or possibly several. However I am not able to find this article.


Wow, even Achilles only had one Achilles heel. Such trouble in these markets ;-)
by Clever_Username
Mon Apr 11, 2016 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Question: Renting out and renting
Replies: 7
Views: 546

Re: Tax Question: Renting out and renting

I'm not planning to move back in, no. I view it as extremely unlikely. I just don't know where I'm buying yet, and -- and this is probably sub-optimal mathematically -- in my mind, that the most recent comp is less than I paid for this, I'm not quite ready to sell. I realize that might be a silly wa...
by Clever_Username
Mon Apr 11, 2016 4:37 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Question: Renting out and renting
Replies: 7
Views: 546

Re: Tax Question: Renting out and renting

Thanks for the advice everyone. I can certainly see this becoming a headache as an accidental landlord -- it certainly isn't a job I want long-term. I plan to have someone who manages a handful of units in my building coordinate the renting. The condo is currently at a loss; I bought at $400k and a ...
by Clever_Username
Mon Apr 11, 2016 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Tax Question: Renting out and renting
Replies: 7
Views: 546

Tax Question: Renting out and renting

Hi all, I currently live in a condo I own; I have owned it for about ten years and have lived there for nine of the past ten (first five, last four), renting it out in between when I worked out-of-state for a year. I'm currently thinking of selling it at some point in the not-too-distant future (a y...
by Clever_Username
Sun Apr 10, 2016 1:50 pm
Forum: Investing - Theory, News & General
Topic: Part of E-Fund in Low Risk Bonds?
Replies: 15
Views: 1276

Re: Part of E-Fund in Low Risk Bonds?

jjface wrote:
Clever_Username wrote:Do you currently own any Series I Savings Bonds? Those are very low risk and are convenient for an emergency fund.


Just wondering how fast you can cash those in generally?


I haven't tried. I believe it's only a day or two to clear.
by Clever_Username
Sat Apr 09, 2016 7:35 pm
Forum: Investing - Theory, News & General
Topic: Part of E-Fund in Low Risk Bonds?
Replies: 15
Views: 1276

Re: Part of E-Fund in Low Risk Bonds?

Do you currently own any Series I Savings Bonds? Those are very low risk and are convenient for an emergency fund.
by Clever_Username
Sat Apr 09, 2016 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Job Offer in Hand, Delaying Notice
Replies: 42
Views: 3972

Re: Job Offer in Hand, Delaying Notice

Give 2 weeks notice. Are you concerned they will walk you out the door since you are going to a competitor? Most ethical companies will continue to pay you for 2 wks if this were to happen. A company I used to work for had a policy (I don't know if it was a written policy or not, but it was certain...
by Clever_Username
Sat Apr 09, 2016 9:43 am
Forum: Personal Finance (Not Investing)
Topic: Collections Debt: Required to Pay?
Replies: 11
Views: 1479

Re: Collections Debt: Required to Pay?

If you're ever contacted about paying a debt, step one should be to confirm (a) that you actually owe the debt and (b) that they are legally entitled to collect the debt. Have them send you proof in writing; ask for debt validation. Even if it's debt you know you owe, there's a chance that they're n...
by Clever_Username
Sat Apr 09, 2016 9:39 am
Forum: Personal Finance (Not Investing)
Topic: Job Offer in Hand, Delaying Notice
Replies: 42
Views: 3972

Re: Job Offer in Hand, Delaying Notice

Give 2 weeks notice. Are you concerned they will walk you out the door since you are going to a competitor? Most ethical companies will continue to pay you for 2 wks if this were to happen. A company I used to work for had a policy (I don't know if it was a written policy or not, but it was certain...
by Clever_Username
Fri Mar 25, 2016 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Do escrow accounts in California earn interest?
Replies: 9
Views: 997

Re: Do escrow accounts in California earn interest?

My property taxes are rolled into my mortgage payments in the form of an escrow account. I live in California, in the property I'm describing. I made ~$25 in interest in the escrow account last year. By contrast, I made pennies in interest on a larger balance in my savings account. If you want me to...
by Clever_Username
Thu Mar 24, 2016 4:51 pm
Forum: Investing - Theory, News & General
Topic: ‘Rich Dad’ author says the 2016 market collapse is coming
Replies: 47
Views: 7446

Re: ‘Rich Dad’ author says the 2016 market collapse is coming

Fortunately, Jeane Dixon is mostly forgotten now, but she was a "psychic" who had the kind of reputation that made her big predictions mainstream news. She predicted that John F. Kennedy would "be assassinated or die in office though not necessarily in his first term," and becam...
by Clever_Username
Thu Mar 24, 2016 2:51 pm
Forum: Personal Consumer Issues
Topic: Vanguard Store Items
Replies: 63
Views: 5550

Re: Vanguard Store Items

TomatoTomahto wrote:The gym I go to pays me $25/month to not wear their T-shirt. Hmmmm.


They could save money here if they wanted: I would be happy to not wear their T-Shirt for a mere $24/month.
by Clever_Username
Thu Mar 10, 2016 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Is a CS PhD financial suicide for my profile?
Replies: 57
Views: 6449

Re: Is a CS PhD financial suicide for my profile?

I would add that I have a PhD in theoretical math, and while I decided to do applied math because it is hard to make a good living doing theoretical math, You can say that in March, but when October comes around and I have one pumpkin and want at least one more, knowledge of Banach-Tarski will be q...
by Clever_Username
Tue Mar 08, 2016 1:49 am
Forum: Personal Consumer Issues
Topic: Which operating system should I use?
Replies: 24
Views: 1802

Re: Which operating system should I use?

My going-in assumtption for a laptop is Linux, but it's expensive when preloaded onto a laptop and I'm not sure how much freeware/software is available compared to other OS. Where are you shopping that it's preinstalled and expensive? There are plenty of Linux or NoOS at NewEgg for cheap. Not the g...
by Clever_Username
Mon Mar 07, 2016 9:49 pm
Forum: Personal Finance (Not Investing)
Topic: Is a CS PhD financial suicide for my profile?
Replies: 57
Views: 6449

Re: Is a CS PhD financial suicide for my profile?

I hope not; I have a Ph.D. in Computer Science. The fact of the matter is that yes, for those years you're in graduate school, you'll probably earn less than you would have in industry. You may or may not be able to supplement the stipend with side work, depending on your schedule, advisor, and poss...
by Clever_Username
Mon Mar 07, 2016 5:27 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring out of company stock
Replies: 25
Views: 1890

Re: Transferring out of company stock

I've got 7% of my portfolio in company stock. I'd like to reduce this to 0. I'm currently down almost 15% for this holding. Do I wait for it to recover to transfer out, or should I realize the loss and transfer now? If you think it's going to beat the market in general, wait for the swap. If your c...
by Clever_Username
Mon Mar 07, 2016 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: Transferring out of company stock
Replies: 25
Views: 1890

Re: Transferring out of company stock

I've got 7% of my portfolio in company stock. I'd like to reduce this to 0. I'm currently down almost 15% for this holding. Do I wait for it to recover to transfer out, or should I realize the loss and transfer now? If you think it's going to beat the market in general, wait for the swap. If your c...
by Clever_Username
Thu Mar 03, 2016 6:42 pm
Forum: Investing - Theory, News & General
Topic: What to do if bonds have negative returns?
Replies: 68
Views: 7961

Re: What to do if bonds have negative returns?

In addition to the discussion about cash as a holding place, keep in mind that Series I bonds can't lose nominal value (I think). This can help for a portion of your bond holdings.
by Clever_Username
Tue Mar 01, 2016 5:14 pm
Forum: Investing - Theory, News & General
Topic: What is John Bogle's best book?
Replies: 25
Views: 3051

Re: What is John Bogle's best book?

I guess I should re-read Common Sense on Mutual Funds ... so many seem to recommend it. I read it years ago. I read Enough around the time I got my first well-paying job. I already tend towards frugal, but it convinced me that I didn't need significant lifestyle inflation to go with my paycheck. Tha...
by Clever_Username
Mon Feb 29, 2016 5:03 pm
Forum: Personal Finance (Not Investing)
Topic: Sibling has decided not to pay for college for his future children
Replies: 47
Views: 3739

Re: Sibling has decided not to pay for college for his future children

The good news is that, if they go to college, FAFSA will probably calculate the expected family contribution as a low number due to his likely employment and earning status, so they'll probably qualify for at least some subsidized loans, perhaps even need-based scholarships. If they do well in high ...
by Clever_Username
Wed Feb 24, 2016 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Give Realtor one year Contract?
Replies: 21
Views: 2089

Re: Give Realtor one year Contract?

A year or so ago, I was debating selling my condo and buying another larger one. The realtor I spoke to wanted me to sign a one-year deal, under which if I bought a place or sold my place, I'd owe her her standard commission, whether or not I used her services in the purchase or sale. I declined. A ...
by Clever_Username
Tue Feb 23, 2016 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Why is Dave Ramsey wrong?
Replies: 180
Views: 29747

Re: Why is Dave Ramsey wrong?

He believes a 15yr mortgage for your personal residence is fine. You're right though he does not seem to believe in leverage for rental properties, the other day he said 'you're just spinning your wheels' if you do so. I don't listen, but I try to follow the conversations on BH. Does he have a reas...
by Clever_Username
Tue Feb 23, 2016 9:22 am
Forum: Personal Finance (Not Investing)
Topic: NYTimes on inadequate pre-purchase house inspection
Replies: 30
Views: 3558

Re: NYTimes on inadequate pre-purchase house inspection

As someone who will likely buy a house in a year or so, this is terrifying. Forewarned is forearmed - it is well worth your time to understand all the players in the real estate transaction, how they are compensated and how their monetary incentives conflict with their stated objectives and your go...
by Clever_Username
Mon Feb 22, 2016 4:59 pm
Forum: Personal Finance (Not Investing)
Topic: NYTimes on inadequate pre-purchase house inspection
Replies: 30
Views: 3558

Re: NYTimes on inadequate pre-purchase house inspection

As someone who will likely buy a house in a year or so, this is terrifying.
by Clever_Username
Wed Feb 17, 2016 4:29 pm
Forum: Investing - Theory, News & General
Topic: [NY Times article: 100% Stock Allocation in Retirement]
Replies: 102
Views: 9559

Re: All your portfolio in stocks!

Also, when applying Buffett's suggested asset allocation, don't forget to start with a multibillion dollar nestegg . If my bond portfolio was $200 million, I think I'd be sleeping pretty easy at 90/10. Right; this is ultimately a major point. When one has far and away as much as he does, extreme as...
by Clever_Username
Wed Feb 17, 2016 12:32 pm
Forum: Personal Finance (Not Investing)
Topic: I am wondering if I should call them [home insurance policy]
Replies: 3
Views: 692

Re: I am wondering if I should call them

The important thing to check on is no decline in coverage. If you have the same coverage you were okay with earlier, for $50/month less, that's great.
by Clever_Username
Mon Feb 15, 2016 3:56 pm
Forum: Investing - Theory, News & General
Topic: Should I invest anymore money- Theoretical Question
Replies: 23
Views: 2731

Re: Should I invest anymore money- Theoretical Question

I certainly would. There will come a point in my life -- I believe this will happen before I'm 40 (I'm 32 now) -- where, even with a more modest projection than yours, I will have enough saved to likely have enough by the time I get to the point where I'm withdrawing. I don't plan to stop. There are...
by Clever_Username
Mon Feb 08, 2016 6:35 pm
Forum: Personal Consumer Issues
Topic: Recommended Golf Courses in Hilton Head, SC
Replies: 5
Views: 587

Re: Recommended Golf Courses in Hilton Head, SC

Am I correct to assume you've already played, or at least planned for, the obvious one (Harbour Town)? It might be more expensive, but it's also high on my list of courses I want to play in real life.
by Clever_Username
Mon Feb 08, 2016 3:59 pm
Forum: Investing - Theory, News & General
Topic: "John Bogle Dismisses Index Fund 'Danger'"
Replies: 16
Views: 5036

Re: "John Bogle Dismisses Index Fund 'Danger'"

Here's a potential paradox: if we ever actually were in a situation where index fund assets were so large that there were short-term distortions in stock prices lingering longer than "normal", would you rather be staying the course in an index fund, or actively trading in potentially misp...
by Clever_Username
Mon Feb 08, 2016 10:24 am
Forum: Investing - Help with Personal Investments
Topic: Am I getting fleeced on my IRA? Opinions welcome.
Replies: 21
Views: 1094

Re: Am I getting fleeced on my IRA? Opinions welcome.

EdB wrote:I am talking to the agent this coming Thursday. Am I justified in feeling fleeced, and should I get out of this ASAP? I am about six years from starting to take RMD's.


Yes, and why are you talking to the agent about this?
by Clever_Username
Sat Feb 06, 2016 11:07 am
Forum: Investing - Theory, News & General
Topic: Today's dumbest investment advice
Replies: 32
Views: 4173

Re: Today's dumbest investment advice

I think I've found a dumber article, although I'm not sure it counts as "investment advice," unless sports gambling counts as investing. These four stocks predict who wins Super Bowl 50 There might be something to this. Specifically, CTE. I hope the author -- or at least thestreet.com -- ...
by Clever_Username
Thu Feb 04, 2016 10:28 pm
Forum: Investing - Theory, News & General
Topic: Take the Verb Tense Pledge!
Replies: 69
Views: 4766

Re: Take the Verb Tense Pledge!

I will do my best.
by Clever_Username
Thu Feb 04, 2016 6:52 pm
Forum: Personal Finance (Not Investing)
Topic: Emergency Fund/Roth IRA
Replies: 6
Views: 430

Re: Emergency Fund/Roth IRA

If my EF were under-funded and my Roth IRA had money in it, I'd move an amount equal to the smaller of (past contributions, current balance) in the Roth IRA into a money market fund. That way, it won't lose value. In fact, as the deadline for a contribution year came closer, I'd contribute more to t...
by Clever_Username
Thu Feb 04, 2016 9:12 am
Forum: Personal Finance (Not Investing)
Topic: How to get a 200k+/year job?
Replies: 107
Views: 11820

Re: How to get a 200k+/year job?

I know a few folks who made $200K/year out of college. They typically had to work high-stress jobs for many hours in HCOL cities. All were top computer science students from top programs. The first two that come to mind were working easily 80 hours/week in NYC -- not worth it, in my mind, and I'll b...
by Clever_Username
Tue Feb 02, 2016 9:42 am
Forum: Investing - Theory, News & General
Topic: You *can* make a difference in your employer's retirement plans
Replies: 5
Views: 1116

Re: You *can* make a difference in your employer's retirement plans

Good on you for having the presence of mind to politely (I assume) ask them to make this change. I would have been livid if I'd been hired somewhere and then told I couldn't contribute to the 401(k) for a year, especially this early in the year (if it had been, say, September, my previous 401(k) wou...
by Clever_Username
Tue Feb 02, 2016 9:04 am
Forum: Personal Finance (Not Investing)
Topic: Friend is an Edward Jones financial advisor -- should I drop him?
Replies: 76
Views: 10376

Re: Friend is an Edward Jones financial advisor -- should I drop him?

This mixes two questions, and while they have the same answer, it's for different reasons. Question one: should you take on a friend as a financial advisor? My suggestion is absolutely not, regardless of who he works for. Even if you need one -- and some people do -- mixing friends and finance is a ...
by Clever_Username
Sun Jan 31, 2016 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: Two comma club member? Do I need 2 million in savings?
Replies: 8
Views: 2039

Re: Two comma club member? Do I need 2 million in savings?

You're in the club when you have a reasonable claim to be in the club. $1M for two people works in my book. Look at it this way: suppose I asserted that people living in many foreign lands can't ever join the club because they would represent "one million and fifty cents" as 1.000.000,50 a...
by Clever_Username
Sun Jan 31, 2016 11:58 am
Forum: Personal Finance (Not Investing)
Topic: I just paid off $145,000 in student loans in 2.5 years
Replies: 20
Views: 1879

Re: I just paid off $145,000 in student loans in 2.5 years

Congratulations on the accomplishment -- although I'll echo the above that credit goes to both you and your wife. For what it's worth, I think you made the right choice funding the 401(k) as well as repaying the debt. You might have paid it sooner, but you can't put 2015's limit into retirement savi...
by Clever_Username
Sat Jan 30, 2016 11:20 am
Forum: Investing - Theory, News & General
Topic: Vanguard introducing 0.01% expense ratio funds
Replies: 24
Views: 5105

Re: Vanguard introducing 0.01% expense ratio funds

Sure thing. Assuming you are interested in the total stock market, there's VITSX (Institutional) for a cool $5M, additional record keeping fees may apply though :) Even if I hold it in a personal account? I figured those were in case it's held in a company retirement plan or something. (argument is...
by Clever_Username
Sat Jan 30, 2016 10:51 am
Forum: Investing - Theory, News & General
Topic: Vanguard introducing 0.01% expense ratio funds
Replies: 24
Views: 5105

Re: Vanguard introducing 0.01% expense ratio funds

Always interesting to note the extremely low expense ratios. My 403(b) is still in investor-class shares, but I seem to think there's some reason for it that made sense at an institutional level. Now, for personal accounts, I'd like a share class between Admiral ($10k minimum) and Institutional ($10...
by Clever_Username
Sat Jan 30, 2016 10:43 am
Forum: Personal Finance (Not Investing)
Topic: What age does LBYM (being a big saver) pay off?
Replies: 81
Views: 10975

Re: What age does LBYM (being a big saver) pay off?

Khanmots wrote:One of my uncle's approach to life is that "It's not a problem if money can fix it."


That is a great way to look at this sort of thing and I hope to adopt the philosophy.
by Clever_Username
Fri Jan 29, 2016 2:52 pm
Forum: Investing - Theory, News & General
Topic: How safe are Bonds? Is cash a good substitute?
Replies: 18
Views: 2340

Re: How safe are Bonds? Is cash a good substitute?

The risk is Series I bonds is near-zero, and serves a nice role in my portfolio as inflation-indexed cash.

However, I don't think cash is a good substitute for bonds if you're at a stage in your life or wealth where 75% stocks is an appropriate risk.
by Clever_Username
Fri Jan 29, 2016 2:44 pm
Forum: Investing - Help with Personal Investments
Topic: EJones Advisor wants to talk!
Replies: 84
Views: 7329

Re: EJones Advisor wants to talk!

Cancel the appointment. See if you can get an administrator of where you're sending the money to call them for status updates -- another reason it's usually better to operate it as a pull than a push.
by Clever_Username
Fri Jan 29, 2016 11:57 am
Forum: Personal Finance (Not Investing)
Topic: Hi every one i have a question about the finance
Replies: 19
Views: 1721

Re: Hi every one i have a question about the finance

On a related note, I occasionally have students asking why I don't assign problems out of the textbook (at least, not for credit) when I teach a class. This is one of the reasons why.

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