Search found 1097 matches

by CyclingDuo
Sun Jan 21, 2018 5:59 pm
Forum: Investing - Help with Personal Investments
Topic: Should I buy a business or suck it up at a job(s) with a pension.
Replies: 26
Views: 1120

Re: Should I buy a business or suck it up at a job(s) with a pension.

Vinny- frustrated in Illinois. Frustration felt. https://farm5.staticflickr.com/4648/24954187747_e3536804d9_o.png Walking away from two excellent careers that provide the kind of benefits you and your wife are both experiencing has everyone on the opposite side of your keyboard scratching heads, wo...
by CyclingDuo
Sun Jan 21, 2018 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing 403(b) TIAA Investments
Replies: 22
Views: 962

Re: Choosing 403(b) TIAA Investments

https://www.marketwatch.com/lazyportfolio About comparing the "Second Grader's Portfolio" (or any of the strategies shown in the link), please keep in mind that they tend to differ dramatically in terms of how much is held in bonds. And, of course, the S&P 500 itself doesn't have any bonds at all. ...
by CyclingDuo
Sun Jan 21, 2018 1:53 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing 403(b) TIAA Investments
Replies: 22
Views: 962

Re: Choosing 403(b) TIAA Investments

I want to say thank you again to all of you who responded! I'm going to go with cycling duo's recommendation for now since I'm kind of crunched for time, but have the Real Estate, Traditional and LifeCycle funds on my "to learn about" list. One last question: The TRAD has a 2.5% surrender charge wh...
by CyclingDuo
Sun Jan 21, 2018 11:30 am
Forum: Investing - Help with Personal Investments
Topic: Sell Home Depot?
Replies: 46
Views: 3124

Re: Sell Home Depot?

How would you feel if Home Depot went bankrupt in the next week and you lost your entire investment? This has happened before, to companies that have appeared very strong. The OP has owned HD since 2000 - meaning this is the 18th year of the OP owning the shares. The company is not going bankrupt n...
by CyclingDuo
Sat Jan 20, 2018 7:04 pm
Forum: Investing - Help with Personal Investments
Topic: Sell Home Depot?
Replies: 46
Views: 3124

Re: Sell Home Depot?

As soon as I finish reading the balance sheet for Enron and Lehman Brothers. LB was around for 158 years. And then almost overnight, it was gone. One can even see examples from the same industry, Lumber Liquidators was at risk of going bankrupt too though it looks like they have survived for now. I...
by CyclingDuo
Sat Jan 20, 2018 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Sell Home Depot?
Replies: 46
Views: 3124

Re: Sell Home Depot?

How would you feel if Home Depot went bankrupt in the next week and you lost your entire investment? This has happened before, to companies that have appeared very strong. The OP has owned HD since 2000 - meaning this is the 18th year of the OP owning the shares. The company is not going bankrupt n...
by CyclingDuo
Sat Jan 20, 2018 3:30 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing 403(b) TIAA Investments
Replies: 22
Views: 962

Re: Choosing 403(b) TIAA Investments

Thanks for all the responses! I’m mobile, so I’m going to try to respond to each question, but if I forget one, I apologize! The pension plan I’m enrolled in is PERS. The 403(b) is optional with no match. My university offered Valic, Voya, Axa and TIAA-CREF as my 403(b) choices and after some resea...
by CyclingDuo
Sat Jan 20, 2018 11:28 am
Forum: Personal Finance (Not Investing)
Topic: Tracking progress to $1M portfolio and no mortgage by 40
Replies: 85
Views: 18706

Re: Tracking progress to $1M portfolio and no mortgage by 40

I hit a bump in the road: https://www.bogleheads.org/forum/viewtopic.php?f=1&t=238661 I did not stay the course and lost $30k in a crypto platform scam. I learned my lesson. I will still hit my goals and I will not make a mistake like that again. Still at roughly $575k, but should have passed the $...
by CyclingDuo
Fri Jan 19, 2018 6:26 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing 403(b) TIAA Investments
Replies: 22
Views: 962

Re: Choosing 403(b) TIAA Investments

You could easily do the Three Fund Portfolio (actually using only 2 funds - see notes below). Or you could keep it simple in the LifeCycle Fund for your age. From the Three Fund Portfolio: https://www.bogleheads.org/wiki/Three-fund_portfolio#cite_note-9 TIAA annuities plans participants can create a...
by CyclingDuo
Fri Jan 19, 2018 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Lost Job. Retirement/Portfolio Advice
Replies: 46
Views: 4207

Re: Lost Job. Retirement/Portfolio Advice

It is interesting that you have a colleague that accumulated 10 millions dollars. This is shocking in higher ed, maybe he/she is a sport coach. In any case, for your question regarding TIAA-CREF funds. My opinion is that even R2 is not worth it unless you plan to annuitize it. I like TIAA Tradition...
by CyclingDuo
Fri Jan 19, 2018 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Lost Job. Retirement/Portfolio Advice
Replies: 46
Views: 4207

Re: Lost Job. Retirement/Portfolio Advice

It is interesting that you have a colleague that accumulated 10 millions dollars. This is shocking in higher ed, maybe he/she is a sport coach. Could be multiple factors... Research that paid very well. Grants that helped provide Summer salaries. Multiple books author. Long time employee with decad...
by CyclingDuo
Fri Jan 19, 2018 8:37 am
Forum: Investing - Help with Personal Investments
Topic: Sell Home Depot?
Replies: 46
Views: 3124

Re: Sell Home Depot?

Thanks to everyone who answered my post. I value all opinions. HD is about 1.9% of my portfolio and I think I am going to hold onto it for now. KPG I'd say that is wise. You invested in a good company and have captured excellent returns. You have tripled the return of the S&P 500 since you bought i...
by CyclingDuo
Fri Jan 19, 2018 8:03 am
Forum: Investing - Help with Personal Investments
Topic: Lost Job. Retirement/Portfolio Advice
Replies: 46
Views: 4207

Re: Lost Job. TIAA CREF Retirement/Portfolio Advice

Thank you catdude and Mouses for advice. Conclusion from threads about portfolio is rebalancing asset allocation. Advice requested about TIAA CREF (see portfolio). Should I move it to a brokerage house or leave it? New question: Should I buy an annuity. A retirement planner recommends it. Of course...
by CyclingDuo
Thu Jan 18, 2018 9:13 am
Forum: Investing - Theory, News & General
Topic: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?
Replies: 121
Views: 7096

Re: $399 - New Course - Fire your Financial Advisor - By WhiteCoat Investor - Anyone?

Why would any Boglehead pay so much money just to be told to fire his/her financial advisor? As a capitalist, I think the money can be better utilized by investing in index funds. We're pretty sure that is exactly what WCI is planning on doing with every $399 he receives. :mrgreen: That being said,...
by CyclingDuo
Wed Jan 17, 2018 5:41 am
Forum: Investing - Theory, News & General
Topic: Was 2017 a unique year for the stock market?
Replies: 11
Views: 1939

Re: Was 2017 a unique year for the stock market?

On the local news, a finance professor stated that 2017 was the first year that the stock market did not experience a 10% correction. Is that correct? There was plenty of normal going on within the stock market in 2017. In terms of corrections , these individual stocks are examples... GE dropped fr...
by CyclingDuo
Tue Jan 16, 2018 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in Vanguard through TIAA-CREF
Replies: 41
Views: 2455

Re: Investing in Vanguard through TIAA-CREF

Just dropping in to ask more information about Vanguard funds being offered in a TIAA 403(b) menu. Is there a wrap fee? DW is at an R1 institution without such offerings and is left with horrifyingly bad investment fees across the board - generally ERs of .7%. Just curious how easy it is to push TI...
by CyclingDuo
Tue Jan 16, 2018 9:00 am
Forum: Investing - Help with Personal Investments
Topic: Musician Asking for Advice
Replies: 8
Views: 1023

Re: Musician Asking for Advice

Hi guys, I'm a freelance musician and a year removed from graduating with my doctorate in music education. I've been working on building my performance and education resume by doing gigs and adjunct teaching. My current income(40-50k) is solid for my low day to day overhead but I will hopefully be ...
by CyclingDuo
Tue Jan 16, 2018 7:48 am
Forum: Investing - Help with Personal Investments
Topic: 24 year old with a little over a million looking for a stable income.
Replies: 15
Views: 2579

Re: 24 year old with a little over a million looking for a stable income.

I am a 24 year old and have a little over 1 million right now in a taxable account from the sale of some assets. I have a college degree and no debt, but in terms of a job or income I fall a bit flat. I dont spend much money a year however, so I have been looking for some advice on what I should do...
by CyclingDuo
Mon Jan 15, 2018 10:09 am
Forum: Investing - Help with Personal Investments
Topic: 26, have a job, now what?! Seeking advice!
Replies: 43
Views: 2054

Re: 26, have a job, now what?! Seeking advice!

IRS data on all US taxpayers (this happens to be for tax year 2014) shows what the average US household deducts based on what they contribute to charity (includes tithing for religious organizations). This, of course, measures those who itemize: https://farm3.staticflickr.com/2950/33693452220_ec7d7e...
by CyclingDuo
Mon Jan 15, 2018 9:54 am
Forum: Investing - Help with Personal Investments
Topic: 403b am I better off skipping 403b?
Replies: 10
Views: 904

Re: 403b am I better off skipping 403b?

I have been reading all about the high expense ratios for my 403b. After asking my advisor for 4 years about the expense ratios ("There are no expense ratios") I finally found them in a tiny footnote on p 34. I refused to invest in any of them. I went to the superintendent and he recommended one th...
by CyclingDuo
Sun Jan 14, 2018 2:21 pm
Forum: Investing - Help with Personal Investments
Topic: I'm hooked
Replies: 22
Views: 3927

Re: I'm hooked

Just wanted to say that I'm blown away at the knowledge of this forum and the help that people are willing to give.. I literally came across this site yesterday searching through Google trying to wrap my head around retirement/savings. Because I felt like I wasn't saving correctly.. I have learned ...
by CyclingDuo
Sat Jan 13, 2018 3:19 pm
Forum: Investing - Help with Personal Investments
Topic: 21 Year Old Portfolio
Replies: 9
Views: 963

Re: 21 Year Old Portfolio

Hey, Dillon. Kudos to you on getting started and having $40K already at your age!!!! :dollar :dollar :beer Thank you, sir! I was searching online at CalPERS for their 457 plan options. Are there other options - or plans with different funds - than the one you are in with regard to your employer/par...
by CyclingDuo
Sat Jan 13, 2018 10:36 am
Forum: Investing - Help with Personal Investments
Topic: 21 Year Old Portfolio
Replies: 9
Views: 963

Re: 21 Year Old Portfolio

Questions: 1. I am simply trying to set myself up for success in the long run, and am looking for some feedback as to what I have done so far. Is there anything that you don’t support? Anything that I should do now while I am young? I’ve tried to set myself up long-term with the 457, CalPERS, and R...
by CyclingDuo
Sat Jan 13, 2018 9:25 am
Forum: Investing - Theory, News & General
Topic: Profiles Of Some Successful Investors
Replies: 26
Views: 3564

Re: Profiles Of Some Successful Investors

The idea of not investing in something you don't understand usually relates to how the security or fund functions. Knowing has more to do with familiarity, and that's what the story seems to focus on. Original article: http://www.dividendgrowthinvestor.com/2017/06/successful-dividend-investor-turne...
by CyclingDuo
Fri Jan 12, 2018 3:25 pm
Forum: Investing - Help with Personal Investments
Topic: 26, have a job, now what?! Seeking advice!
Replies: 43
Views: 2054

Re: 26, have a job, now what?! Seeking advice!

Are you doing the married, filing jointly return? Should put you in the 22% bracket, plus you'll get the $24K standard deduction for 2018 when you do taxes next year. Run your numbers through some tax software to see the difference of what you would pay, or how much more you would pay that is, if y...
by CyclingDuo
Fri Jan 12, 2018 1:17 pm
Forum: Investing - Theory, News & General
Topic: Profiles Of Some Successful Investors
Replies: 26
Views: 3564

Re: Profiles Of Some Successful Investors

Profiles Of Some Successful Investors. Very interesting read. As you read through the article if you highlight the individual investors you can read about them & how they made their millions. Enjoy... http://www.dividendgrowthinvestor.com/2018/01/profiles-of-successful-dividend.html Uh, oh. Trying ...
by CyclingDuo
Fri Jan 12, 2018 12:28 pm
Forum: Investing - Help with Personal Investments
Topic: 26, have a job, now what?! Seeking advice!
Replies: 43
Views: 2054

Re: 26, have a job, now what?! Seeking advice!

As far as simplifying; 135000 x 6% = 8,100 x 2 = 16200, just 1800 short of the max contribution. Why I am maxin out my HSA and 401K is to take advantage of the tax shelter. I'm not as worried about paying interest on a car loan as I am on saving 25% off on my taxes while I'm in this higher tax brac...
by CyclingDuo
Fri Jan 12, 2018 10:59 am
Forum: Investing - Help with Personal Investments
Topic: 26, have a job, now what?! Seeking advice!
Replies: 43
Views: 2054

Re: 26, have a job, now what?! Seeking advice!

To answer a few of your questions/my clarifications: Yeah, the tithing is quite daunting. Especially since it is twice what we are paying in rent. YOWZERS! It's what my church asks, for now I'm sticking with it. I'm working on a faith transition of my own right now, which is pretty scary, but also ...
by CyclingDuo
Fri Jan 12, 2018 9:05 am
Forum: Investing - Help with Personal Investments
Topic: 26, have a job, now what?! Seeking advice!
Replies: 43
Views: 2054

Re: 26, have a job, now what?! Seeking advice!

*Edited 1/12/18 to reflect change from "EFT" to "ETF" and to change link to images to higher resolution images Stands for Exchange Traded Fund. Common ones based on mutual funds that are used to develop one of the lazy portfolios, such as a Boglehead favorite - The Three Fund Portfolio - can be don...
by CyclingDuo
Fri Jan 12, 2018 1:47 am
Forum: Investing - Theory, News & General
Topic: Profiles Of Some Successful Investors
Replies: 26
Views: 3564

Re: Profiles Of Some Successful Investors

You make your money by investing in what you know. Bad advice, IMO. People think they know, but they do not know. Perhaps it should be more what you "understand" as opposed to what you "know". http://www.dividendgrowthinvestor.com/2017/06/successful-dividend-investor-turned.html • Invest in what yo...
by CyclingDuo
Fri Jan 12, 2018 1:18 am
Forum: Investing - Help with Personal Investments
Topic: CalSTRS 457(b) options
Replies: 15
Views: 539

Re: CalSTRS 457(b) options

CyclingDuo , K-12 school districts rarely negotiate with 403b or 457 vendors. Neither the vendors nor their offerings are vetted by the districts. The vendor’s offerings are almost always generic plans, offered in most other districts and in other states. The plans of institutions of higher learnin...
by CyclingDuo
Thu Jan 11, 2018 9:19 pm
Forum: Investing - Help with Personal Investments
Topic: CalSTRS 457(b) options
Replies: 15
Views: 539

Re: CalSTRS 457(b) options

Perhaps so, but I'm with facepalm on this. That 0.25% bugs me too! Our previous 457b vendor used to be TIAA-CREF and they charged 0.33%. So it's gone down some since they converted from TIAA-CREF to CalSTRS Pension 2. I'd be just fine if it went down a tad further. I'm not holding my breath for thi...
by CyclingDuo
Thu Jan 11, 2018 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: CalSTRS 457(b) options
Replies: 15
Views: 539

Re: CalSTRS 457(b) options

Thanks for all the great advice provided on this forum. I've only discovered it recently after a holiday effort to get our finances/tax planning in order. My wife is eligible for both a 403(b) and a 457(b) through her employer, a California school district. I only found out about it recently after ...
by CyclingDuo
Thu Jan 11, 2018 8:04 pm
Forum: Investing - Theory, News & General
Topic: Profiles Of Some Successful Investors
Replies: 26
Views: 3564

Re: Profiles Of Some Successful Investors

Profiles Of Some Successful Investors. Very interesting read. As you read through the article if you highlight the individual investors you can read about them & how they made their millions. Enjoy... http://www.dividendgrowthinvestor.com/2018/01/profiles-of-successful-dividend.html Uh, oh. Trying ...
by CyclingDuo
Thu Jan 11, 2018 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: How do you define middle class? Which class do you consider yourself in?
Replies: 23
Views: 2168

Re: How do you define middle class? Which class do you consider yourself in?

Me first: Single, grossing $70k income. Living in northern New Jersey, a very HCOL area. Considering a cheapest single family house can easily cost $400k + $15k annual property tax, it looks really hard for me to afford a home. Currently renting a master bedroom in a three-bedroom apartment by $700...
by CyclingDuo
Thu Jan 11, 2018 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: Do I have a government 457B?
Replies: 21
Views: 1004

Re: Do I have a government 457B?

If it has the ability to designate a portion or all of the salary reduction as a Roth 457b option, it is governmental. If it allows loans for the participant, it is governmental. If it allows rollovers to other eligible retirement plans (401(k), 403(b), governmental 457(b), IRAs) - it is government...
by CyclingDuo
Thu Jan 11, 2018 5:36 pm
Forum: Investing - Help with Personal Investments
Topic: Do I have a government 457B?
Replies: 21
Views: 1004

Re: Do I have a government 457B?

Oicuryy, She’s a highly compensated employee. CRNA (Certified Registered Nurse Anesthetist) job title. HR referred me to the CFO who told me it was a government plan. Do I take that at face value or try to find it in writing in the plan doucuments (if I can find someone that has them) before we con...
by CyclingDuo
Thu Jan 11, 2018 4:10 pm
Forum: Investing - Help with Personal Investments
Topic: Do I have a government 457B?
Replies: 21
Views: 1004

Re: Do I have a government 457B?

I called Fidelity and they said if it was non-governmental plan it would say “non-qualified” in the plan documents, which it did not. He wouldn’t share the plan documents with me. With that, he said it’s a government plan. Would you take Fidelity at face value? Understand your dose of skepticism, b...
by CyclingDuo
Thu Jan 11, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Do I have a government 457B?
Replies: 21
Views: 1004

Re: Do I have a government 457B?

Governmental employers, such as state governments, state schools or state hospitals are eligible to offer 457(b) plans to their employees.

Hospital with state university? Sounds legit. So our guess is yes.

Why not call the HR at the hospital - or the plan provider - to get 100% confirmation? :?:
by CyclingDuo
Thu Jan 11, 2018 12:27 pm
Forum: Investing - Help with Personal Investments
Topic: Investment options beyond 401k and IRA
Replies: 3
Views: 273

Re: Investment options beyond 401k and IRA

Hello all, First time on forum, really good info and resources. Wanted some input on investing beyond 401k and IRA accounts, we currently have : Wife 401k maxed out every year, employer match dollar for dollar up to 3% : $7,800 employer contribution. (Vanguard Target Fund 2045) I have no 401k. We a...
by CyclingDuo
Thu Jan 11, 2018 12:14 am
Forum: Investing - Help with Personal Investments
Topic: Taxable Investment Advice - ETF vs. Admiral Shares?
Replies: 15
Views: 1170

Re: Taxable Investment Advice - ETF vs. Admiral Shares?

Hello all! Thank you for the advice in the Ameriprise liquidation thread. I am looking to fund a separate taxable account with Vanguard. I notice the ERs between ETFs and Admiral Shares are basically the same with the Vanguard funds. I am leaning toward ETFs simply because they seem to be a bit mor...
by CyclingDuo
Wed Jan 10, 2018 11:55 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Do Funds Earn Their Fees?
Replies: 10
Views: 1159

Re: Larry Swedroe: Do Funds Earn Their Fees?

http://www.etf.com/sections/index-investor-corner/swedroe-do-funds-earn-their-fees In this article Larry shows again that an active fund is not worth the fees. I think the article is worthwhile because of the thought process Larry displays in his analysis. He looks at a long time period and compare...
by CyclingDuo
Wed Jan 10, 2018 10:36 am
Forum: Investing - Help with Personal Investments
Topic: Maybe not a win for teachers/I need some advice
Replies: 46
Views: 2742

Re: Maybe not a win for teachers/I need some advice

The scenario above demonstrates the average teacher interaction concerning their retirement plans: 1.) Most teachers tend to have a defined pension system. 2.) Most teachers will contribute to that pension program. 3.) Most teachers don't have the additional funds to invest outside of their pension...
by CyclingDuo
Wed Jan 10, 2018 8:20 am
Forum: Investing - Help with Personal Investments
Topic: Maybe not a win for teachers/I need some advice
Replies: 46
Views: 2742

Re: Maybe not a win for teachers/I need some advice

We still have a utopian view that somebody in the industry will set up shop, and blow everybody else out of the water in terms of lower cost plans for academia (public and private schools). We may take that to our grave, but hey - we have to have something to rant about, and hope for - right? :mrgre...
by CyclingDuo
Tue Jan 09, 2018 10:52 pm
Forum: Investing - Theory, News & General
Topic: Are Robo-Investors driving the market to insane levels?
Replies: 36
Views: 5165

Re: Are Robo-Investors driving the market to insane levels?

The thing that had been puzzling me lately was not the size of the market gains, but the total lack of volatility in the market since Nov. 2016. We haven't had even a 3% drop in the S&P 500 since Nov. 2016, 13.5 months now. The previous record for "no 3% drop" was Jan. 1995-Jan. 1996, 12 months, wh...
by CyclingDuo
Tue Jan 09, 2018 2:42 pm
Forum: Investing - Help with Personal Investments
Topic: Maybe not a win for teachers/I need some advice
Replies: 46
Views: 2742

Re: Maybe not a win for teachers/I need some advice

Just called them again. Yes, it is .15% annually. That's excellent for a 403b. My wife was on Valic which was far worse. Only one decent fund and far higher expenses. Our state is charged an administrative wrap fee of .18% annually by VALIC on top of the ER Fees for the Vanguard Funds (4 plans avai...
by CyclingDuo
Tue Jan 09, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Maybe not a win for teachers/I need some advice
Replies: 46
Views: 2742

Re: Maybe not a win for teachers/I need some advice

After years of trying to get Vanguard/Fidelity on our 403b approved list they finally agreed. Our new contract clearly says that they will add Vanguard and Fidelity. Today they tell us that we can now invest with those companies by using another company called Aspire. At this point we cannot invest...
by CyclingDuo
Tue Jan 09, 2018 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Maybe not a win for teachers/I need some advice
Replies: 46
Views: 2742

Re: Maybe not a win for teachers/I need some advice

... Drops to an additional .064% 0.64% on a $100K balance. Thanks. My bad. Forgot to remove the zero from the calculator when I typed that. Yes - .64%! OP called and it turned out to be the more reasonable annual .15% charge, as opposed to quarterly as first listed. That changes everything to .55% ...
by CyclingDuo
Tue Jan 09, 2018 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Maybe not a win for teachers/I need some advice
Replies: 46
Views: 2742

Re: Maybe not a win for teachers/I need some advice

I just called Aspire. They told me they charge $40 a year, plus .15% per quarter of the value of the account. This is awful. Ouch. That's an additional 1% per year (over and beyond the underlying fund ER fees) on a $10K balance. Drops to an additional .64% on a $100K balance. When you add the addit...
by CyclingDuo
Tue Jan 09, 2018 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Tobacco Stocks
Replies: 10
Views: 1107

Re: Tobacco Stocks

I have owned PM for many years. It is one of my best stock buys and it is known as a dividend contender. A dividend Contender is a stock that has raised its dividend for 10 years without a cut. If you want a great run company with great revenue growth and a fine track record, then PM is a solid cho...