Search found 781 matches

by Engineer250
Thu Oct 19, 2017 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 46
Views: 5014

Re: new 401(k) limits announced

Just in time, hoping to max out my 401k for the first time next year!
by Engineer250
Thu Sep 28, 2017 10:35 pm
Forum: Personal Finance (Not Investing)
Topic: Tax saving strategies for DINKs
Replies: 47
Views: 3795

Re: Tax saving strategies for DINKs

I have mentioned this to a half dozen couples at work that they would save 2-4k by not getting married (talking more 150-200k people so not quite the top brackets). I even suggested that they could get married when they retired. Not a single one postponed the wedding. :) And no I didn't take this a...
by Engineer250
Wed Sep 27, 2017 10:13 am
Forum: Investing - Theory, News & General
Topic: TSP gets a 20% budget increase
Replies: 2
Views: 1252

Re: TSP gets a 20% budget increase

Thanks for the link. I saw the headline but just assumed most of the budget will need to handle the extra capacity of all the service members who will be a part of the TSP now. I do hope more participants means maybe the fund costs will go back down a little? But not holding my breath for bigger cha...
by Engineer250
Wed Sep 13, 2017 10:54 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3972
Views: 1057271

Re: U.S. stocks in freefall

All time record highs in the US Stock Market is hardly a market in freefall. We need an alternative thread: U.S. stocks in ascent/upsurge/flying-high-mode/good fortune. :happy :moneybag :D Like a "stocks in unsustainable bubble" thread. There have been quite a few but none have the staying power of...
by Engineer250
Wed Sep 13, 2017 10:38 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3972
Views: 1057271

Re: U.S. stocks in freefall

All time record highs in the US Stock Market is hardly a market in freefall. We need an alternative thread: U.S. stocks in ascent/upsurge/flying-high-mode/good fortune. :happy :moneybag :D Like a "stocks in unsustainable bubble" thread. There have been quite a few but none have the staying power of...
by Engineer250
Mon Sep 11, 2017 7:23 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3972
Views: 1057271

Re: U.S. stocks in freefall

knick17 wrote:
Fri Sep 08, 2017 10:46 pm
Money does not grow on tree
You telling me the guy who sold me my money tree lied? I cashed out my frozen orange juice futures to pay for it and everything!
by Engineer250
Mon Sep 11, 2017 1:11 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Independence Mindset
Replies: 83
Views: 6786

Re: Financial Independence Mindset

I earn many multiples of $4K a month in my W-2 job, which I have spend 13 years in training to be able to do. And I quite like it. I was able to do well in and graduate from residency in a very competitive specialty, build a 7 figure net worth from real estate LOL Okay, now I understand. You make a...
by Engineer250
Fri Sep 08, 2017 10:00 pm
Forum: Investing - Theory, News & General
Topic: Actually feeling pretty good about my active decisions
Replies: 20
Views: 2616

Re: Actually feeling pretty good about my active decisions

2. I really didn't post this to brag. Yes, I have enough self-awareness to realize that part of me is self-satisfied that things have worked so well, but that's not why I posted this. I posted this because 1) I wanted to post some anecdotal food for thought, and 2) I felt it was worth going out on ...
by Engineer250
Wed Sep 06, 2017 5:34 pm
Forum: Investing - Help with Personal Investments
Topic: Critique this TSP allocation
Replies: 28
Views: 1956

Re: Critique this TSP allocation

I would swap your C and S fund percentages, unless you are specifically trying to overweight small and mid cap. But the person who said it doesn't matter is right. I you had $200,000 invested in gold and then asked about stock/bond ratios in a $5k Roth IRA you just started everyone would point out w...
by Engineer250
Wed Sep 06, 2017 5:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3972
Views: 1057271

Re: U.S. stocks in freefall

My paycheck 401k money doesn't go in until tomorrow. Therefore you can be assured the market will be up tomorrow. I was going to say the same thing. I receive my bonus check this Friday and thus, since my 401K contributions are a percentage of each pay check, Friday is the day I'll contribute the m...
by Engineer250
Tue Sep 05, 2017 3:59 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3972
Views: 1057271

Re: U.S. stocks in freefall

My paycheck 401k money doesn't go in until tomorrow. Therefore you can be assured the market will be up tomorrow.
by Engineer250
Thu Aug 31, 2017 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: Should we let MIL pay off our mortgage?
Replies: 69
Views: 8804

Re: Should we let MIL pay off our mortgage?

Honestly, there has to be a point you act like an adult and NOT a child of someone's parent. Having mommy or daddy buy you a house is a sign of the latter and not the former. Be adults and pay for you own debt. This is a bit snarky, isn't it? We have zero debt other than our home. We could pay it o...
by Engineer250
Wed Aug 30, 2017 11:41 pm
Forum: Personal Finance (Not Investing)
Topic: How much sooner could you retire with NO property taxes?
Replies: 116
Views: 7361

Re: How much sooner could you retire with NO property taxes?

One of many reasons we left the Bay Area - Our property taxes went from over 10K to @1300. In the Bay Area, you gain much more in appreciation than you lose in property taxes. True that. In SoCal been paying ~$3k a year in property taxes for 9 years now. Home has already gone up $150k. Glad I am no...
by Engineer250
Wed Aug 30, 2017 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: Aerospace Stress Engineer Salary History
Replies: 13
Views: 3111

Re: Aerospace Stress Engineer Salary History

You did well fighting for raises. It looks like your starting salary was pretty low. I'm in a LCOL area and college new hires 6 years ago were making over $60k. Now it's around $70k. I'm an ME in the aerospace industry a couple years your Sr. I started at $57k and worked my way up to $70k over 6 ye...
by Engineer250
Wed Aug 30, 2017 10:49 pm
Forum: Personal Finance (Not Investing)
Topic: How to buy raw (unimproved) land?
Replies: 34
Views: 3680

Re: How to buy raw (unimproved) land?

Well and septic you can build yourself (assuming no zoning prevents it). Power you could possibly get solar and battery (assuming enough sunshine). Internet access might be a no-go, obviously you can go mobile or satellite but those tend to be a lot slower than a home cable connection and sometimes ...
by Engineer250
Wed Aug 30, 2017 7:17 pm
Forum: Investing - Theory, News & General
Topic: Why go with an 80% stock / 20% bond portfolio?
Replies: 360
Views: 33155

Re: Why go with an 80% stock / 20% bond portfolio?

This thread:

"100/0 works for me b/c xyz but everyone should arrive at their own AA."

"Everyone should own at least 25% bonds and if you don't you are a failure and an idiot and I hope you lose your job and starve on the streets for having such an aggressive portfolio."
by Engineer250
Wed Aug 30, 2017 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Saving for a House...AGAIN...Next Steps?
Replies: 32
Views: 2104

Re: Saving for a House...AGAIN...Next Steps?

Can you go into more detail on this: "unfortunately educational opportunities for the kids are mediocre". You would move to a HCOL area, take a $40k paycut to perhaps have above average educational opportunities for the kids? Not following that logic. Good students are good students at average scho...
by Engineer250
Tue Aug 29, 2017 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: Is Geico a bait and switcher?
Replies: 32
Views: 4357

Re: Is Geico a bait and switcher?

I recently learned that Geico does not offer home insurance atleast in Ohio. They mentioned liberty mutual in one of the quote in small fine print. So I called liberty mutual and got better coverage for my home and cars compared to what geico was offering. So pay attention to various quotes. Same f...
by Engineer250
Mon Aug 28, 2017 5:42 pm
Forum: Personal Finance (Not Investing)
Topic: What should the savings be for an average professional
Replies: 168
Views: 16799

Re: What should the savings be for an average professional

I was talking to a friend who am I open with about money topics and issues. We got talking about how much an average earning professional like an engineer or accountant should have saved after working for 20 years. To keep things simple, we just talked about a single earner family. Obviously there ...
by Engineer250
Sun Aug 27, 2017 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: Who is doing 50:50 traditional:Roth 401k/TSP
Replies: 40
Views: 2253

Re: Who is doing 50:50 traditional:Roth 401k/TSP

I definitely agree with you in this sense. People feel that just because you are in a high tax bracket, you will likely be in a lower one when you retire. Why is that? I feel like I am getting smarter every year in terms of how to earn more money. Because you need less taxable income for the same a...
by Engineer250
Sun Aug 27, 2017 9:24 pm
Forum: Investing - Help with Personal Investments
Topic: Who is doing 50:50 traditional:Roth 401k/TSP
Replies: 40
Views: 2253

Re: Who is doing 50:50 traditional:Roth 401k/TSP

I sort of do 50/50. That's to say, my goal in the next 5 years is to get my total Roth balances about equal to my total pre-tax balances. In the beginning I was pre-tax mostly (when I should have been Roth, but didn't know what a Roth IRA was). A few years after that I had just started my Roth IRA w...
by Engineer250
Fri Aug 25, 2017 3:07 pm
Forum: Investing - Help with Personal Investments
Topic: USAA opinions. Worth it?
Replies: 53
Views: 5277

Re: USAA opinions. Worth it?

USAA saved my bacon. We bought our house right after the downturn and made some weird financial partnerships, one being our insurance from some Florida company with the same name as a major brokerage firm but no connection. Anyways, a few years back they must have done a drive by of my house and dec...
by Engineer250
Tue Aug 22, 2017 11:39 pm
Forum: Investing - Help with Personal Investments
Topic: Newbie to mutual funds, time to divest out of RE?
Replies: 6
Views: 710

Re: Newbie to mutual funds, time to divest out of RE?

tIRA can be rolled into TSP. TSP is excellent. https://www.bogleheads.org/wiki/Thrift_Savings_Plan C (S&P 500) and S (DJIA completion index, mostly mid and small cap) can be used in a 4 to 1 ratio to replicate total US stock market. TSP expense ratios are amongst the lowest and the G Fund is an amaz...
by Engineer250
Tue Aug 22, 2017 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Park money for house down payment in HCOL area
Replies: 5
Views: 641

Re: Park money for house down payment in HCOL area

I agree you should not invest the money. CDs and online savings accounts are fine. Something important to consider- in the 2007 financial crisis stocks and home prices both dropped. If such a thing occurs again you want your down payment money to stay flat so you can buy a home "on sale" and not hav...
by Engineer250
Tue Aug 22, 2017 5:40 pm
Forum: Investing - Theory, News & General
Topic: Great Depression Videos on You Tube
Replies: 23
Views: 2646

Re: Great Depression Videos on You Tube

I just watched that over the weekend. Also recommend Niall Ferguson's Ascent of Money (I think it is a 6 episode series) talks a lot about early developments for financial products we use today (and disabuses us of the notion all bonds are "safe"). Also PBS Inside the Meltdown is a really good docum...
by Engineer250
Mon Aug 21, 2017 11:01 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Paperwork
Replies: 9
Views: 975

Re: Vanguard Paperwork

For a brand new account that you aren't trying to roll in money, no physical paperwork. I might have had to check some boxes or something and did the whole deposit verification online, pretty easy.
by Engineer250
Sat Aug 19, 2017 2:18 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone roll their tIRA into the TSP?
Replies: 39
Views: 2423

Re: Anyone roll their tIRA into the TSP?

I think OP will probably be better off converting this small amount to a Roth IRA and paying the taxes. But for those who might be looking to do this a few tips (I rolled out a VG 401k to TSP a few years ago and will be rolling out my tIRA from VG to TSP probably next year): -Message or call VG and ...
by Engineer250
Sat Aug 19, 2017 1:59 pm
Forum: Personal Finance (Not Investing)
Topic: Jobs that pay over $100,000
Replies: 157
Views: 16043

Re: Jobs that pay over $100,000

Judging by all the posts I see about people's kids on here, I'm tempted to think the kid of a Boglehead will be fine. I'm an engineer and only recently made over $100k in a HCOL, started around $65K in same high cost area. I'd say most engineers here break $100k in 5-10 years depending on your polit...
by Engineer250
Fri Aug 18, 2017 9:49 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3972
Views: 1057271

Re: U.S. stocks in freefall

Tamalak wrote:
Fri Aug 18, 2017 9:19 am
If I have a wallet with $100 in it, and someone steals $10 out of it, is it a real loss then, or when I open the wallet and take the money out?
Schrodinger's wallet. :twisted:
by Engineer250
Wed Aug 16, 2017 4:08 pm
Forum: Investing - Theory, News & General
Topic: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."
Replies: 87
Views: 19174

Re: "Vanguard fund shareholders encouraged to vote as proxy campaign gets under way."

I agree they should be following the index.

But I am a bit dismayed opposing genocide is "political" or something to do with being "politically correct" rather than basic human rights. :|
by Engineer250
Wed Aug 16, 2017 1:08 pm
Forum: Investing - Theory, News & General
Topic: Market timing alert !!
Replies: 30
Views: 6317

Re: Market timing alert !!

I have to cash out 1/3rd of my portfolio to roll it over. I expect to do this in the next two weeks. So expect a significant correction before then, followed by a full recovery before my money goes back into the market a few weeks after that. There, I warned you all.
by Engineer250
Wed Aug 16, 2017 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review For A Late Starter
Replies: 16
Views: 1369

Re: Portfolio Review For A Late Starter

Vanguard also has the Prime Money Market account at a higher rate but the risks are not identical to the federal one. I concur with someone who suggested Ally or any other online savings. FDIC insured, rates are usually better than VG's money market with no risk, easy access to good CDs, probably a ...
by Engineer250
Wed Aug 16, 2017 11:48 am
Forum: Investing - Help with Personal Investments
Topic: please help...am I overextended - first home
Replies: 78
Views: 6773

Re: please help...am I overextended - first home

What about a bigger place is really going to change your life? I suggest you pick up some hobbies that will get you outside more. Back when I lived by myself I didn't really enjoy coming home either. Take up running, biking, hiking. I have a small house that during the whole of summer is completely...
by Engineer250
Tue Aug 15, 2017 11:07 pm
Forum: Investing - Help with Personal Investments
Topic: please help...am I overextended - first home
Replies: 78
Views: 6773

Re: please help...am I overextended - first home

I have an amazing deal on my rent currently but it is so small that I don't look forward to coming home. The way it faces I get minimal sunlight so its really dark and its a small place. But I have an amazing deal, great location, so grateful for that. The place I saw has light and more space. I wo...
by Engineer250
Tue Aug 15, 2017 9:11 pm
Forum: Investing - Help with Personal Investments
Topic: S&P 500 vs Approximate TSM in 401k
Replies: 9
Views: 953

Re: S&P 500 vs Approximate TSM in 401k

Also have a VG 401k. Does yours not offer a "brokerage option"? That should let you invest in any VG fund for a yearly fee. In my case, the cost savings I can get by picking VG funds (instead of whatever weirdness my employer thought was a great idea) is greater than the fee, so is worth it for me....
by Engineer250
Mon Aug 14, 2017 11:53 pm
Forum: Investing - Help with Personal Investments
Topic: Bitcoin
Replies: 124
Views: 8752

Re: Bitcoin

Investing in Bitcoin to me seems closest to currency trading in a really small country that has no central bank, no military, no treaties with other countries, no citizens, no industry, no infrastructure, and no laws. If that appeals to you, by all means go ahead.
by Engineer250
Mon Aug 14, 2017 11:43 pm
Forum: Investing - Help with Personal Investments
Topic: S&P 500 vs Approximate TSM in 401k
Replies: 9
Views: 953

Re: S&P 500 vs Approximate TSM in 401k

Also have a VG 401k. Does yours not offer a "brokerage option"? That should let you invest in any VG fund for a yearly fee. In my case, the cost savings I can get by picking VG funds (instead of whatever weirdness my employer thought was a great idea) is greater than the fee, so is worth it for me.
by Engineer250
Mon Aug 14, 2017 5:59 pm
Forum: Investing - Theory, News & General
Topic: Fed unloading bonds?
Replies: 19
Views: 2676

Re: Fed unloading bonds?

I'm not sure what's hard to understand from the article. It's pretty short and concise. Whether or not it's correct (and over what time frame) is unknown. But their takeaways are: When the Fed starts letting go of hundreds of billions of longer-term Treasuries, expect those yields to rise, in turn ...
by Engineer250
Mon Aug 14, 2017 12:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Performance Report
Replies: 9
Views: 1754

Re: Vanguard Performance Report

Vanguard must be headquartered in Lake Woebegone where everybody is above average. They are getting good competition even with Index funds, hard to believe the 95% numbers. But then again, I am above average as an investor. :wink: Smarter, better looking, more virtuous, etc. I always think of Lake ...
by Engineer250
Mon Aug 14, 2017 10:59 am
Forum: Investing - Theory, News & General
Topic: Vanguard Performance Report
Replies: 9
Views: 1754

Re: Vanguard Performance Report

Vanguard must be headquartered in Lake Woebegone where everybody is above average. They are getting good competition even with Index funds, hard to believe the 95% numbers. But then again, I am above average as an investor. :wink: Smarter, better looking, more virtuous, etc. I always think of Lake ...
by Engineer250
Mon Aug 14, 2017 10:46 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey spends two segments on his investing advice
Replies: 65
Views: 7355

Re: Dave Ramsey spends two segments on his investing advice

His debt advice is rock solid for about 95% of Americans who have no clue how to use debt wisely. I have no idea why BH's on this forum criticize his aversion to debt. 95% out of 100 Americans have no business attempting to use debt to prosper. I agree too many Americans in general have a relaxed a...
by Engineer250
Mon Aug 14, 2017 10:05 am
Forum: Investing - Theory, News & General
Topic: What a Low Return Outlook Means for Your Retirement?
Replies: 42
Views: 5383

Re: What a Low Return Outlook Means for Your Retirement?

I thought it was very well written and willing to dig into a bit of nuance instead of just tropes and cliches. I suspect a lot of pro-bond Bogleheads will like it since he discussed not just safe withdrawal rates but also the emotional component of holding bonds. Also, learned something new: The Ulc...
by Engineer250
Sun Aug 13, 2017 7:07 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Target Retirement 2065
Replies: 6
Views: 1217

Re: Vanguard Target Retirement 2065

2065 has already popped into my Vanguard 401k! The thing I find interesting is 2065, 2060, 2055, 2050, and 2045 are all pretty near identical in current AA. I think VG advocates 10% bonds up until a certain point and all those funds are still at the same point in their glide path. Some believe that...
by Engineer250
Sun Aug 13, 2017 2:26 am
Forum: Investing - Theory, News & General
Topic: Vanguard Target Retirement 2065
Replies: 6
Views: 1217

Re: Vanguard Target Retirement 2065

2065 has already popped into my Vanguard 401k!

The thing I find interesting is 2065, 2060, 2055, 2050, and 2045 are all pretty near identical in current AA. I think VG advocates 10% bonds up until a certain point and all those funds are still at the same point in their glide path.
by Engineer250
Sun Aug 13, 2017 12:22 am
Forum: Investing - Theory, News & General
Topic: "Honesty like that is rare!"
Replies: 47
Views: 7323

Re: "Honesty like that is rare!"

I have noticed a similar attitude among some TSP investors. TSP stands for the Thrift Savings Plan, a Federal government equivalent of 401(k) plans. Unlike many 401(k) plans, the TSP offers very few funds at very low rates. Investors ignore low fees and excellent fund selection and complain about t...
by Engineer250
Sat Aug 12, 2017 11:57 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 3972
Views: 1057271

Re: U.S. stocks in freefall

Not to belabor the obvious, but the lesson here amidst this new period of uncertainty and fear (even with only a minor market decline so far) is that those who confidently say that they have 80/90/100% of their portfolio in equities with no worries perhaps are not the best role models for the avera...
by Engineer250
Tue Aug 08, 2017 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for general help with strategy - not sure what to do about retirement options, and with prior savings
Replies: 6
Views: 645

Re: Looking for general help with strategy - not sure what to do about retirement options, and with prior savings

What's the point of the Target Date funds if the index funds have higher returns and lower costs? First off, I'm sure you know those average return numbers mean nothing in predicting the future. The target date funds have a percentage of bond funds in them and given the recent stock market run up t...
by Engineer250
Mon Aug 07, 2017 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for general help with strategy - not sure what to do about retirement options, and with prior savings
Replies: 6
Views: 645

Re: Looking for general help with strategy - not sure what to do about retirement options, and with prior savings

2) Should I do anything else specifically for retirement? I have the option of contributing to a 403b (Fidelity), or a 401k or 437 (both SavingsPlus). Given the pension is there a reason to contribute to a retirement account as opposed to putting more in an index fund? There’s no fund-matching I’m ...
by Engineer250
Mon Aug 07, 2017 8:26 pm
Forum: Investing - Help with Personal Investments
Topic: More G fund later or more diversity now?
Replies: 7
Views: 655

Re: More G fund later or more diversity now?

Shouldn't you be able to roll your current 401(k) into your TSP when you leave your current company? My "goal" is to stay at my company for the rest of my career. So if I ever wanted to use G Fund as a part of my bond/non-equity allocation up until retirement age I won't be able to get new money in...
by Engineer250
Mon Aug 07, 2017 5:31 pm
Forum: Investing - Help with Personal Investments
Topic: More G fund later or more diversity now?
Replies: 7
Views: 655

Re: More G fund later or more diversity now?

I have a trivial amount of taxable (not invested, just EF in Capital One) and am 95% equities so I don't need access to G Fund today. But I may never get another chance to roll more money into the TSP going forward so money available will either be $170k plus 30 years of earnings or $210k plus 30 ye...