Search found 803 matches

by Engineer250
Sun Dec 10, 2017 1:36 pm
Forum: Investing - Help with Personal Investments
Topic: TSP rollover to Vanguard IRA?
Replies: 8
Views: 938

Re: TSP rollover to Vanguard IRA?

They're all between 25 and 37, and have resisted my attempts to teach them. (Dad ! I get a headache whenever you talk about that stuff) Very generous of you. Not sure I'd leave money to anyone who couldn't be bothered to listen to my advice about it while I was alive. But probably a good reason why...
by Engineer250
Sat Dec 09, 2017 10:02 pm
Forum: Investing - Theory, News & General
Topic: Did Capital One 360 Savings raise rates?
Replies: 27
Views: 2814

Re: Did Capital One 360 Savings raise rates?

After I opened the money market account, I moved the integer part (thousands) of my money from the savings account to the money market account. I am wondering if I still need to keep the savings account. I left a very small amount in Savings in case I need that account in the future. Interest rates...
by Engineer250
Sat Dec 09, 2017 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage as percentage of take-home pay
Replies: 79
Views: 5541

Re: Mortgage as percentage of take-home pay

Bought our house PITI was ~38% of our gross salary (and keep in mind this was right after the housing crash). Due to salary increases and refinance at lower rates it's currently ~17% of gross income. I've been in my house ~10 years. My neighbor's house is for rent and is the same size as mine and be...
by Engineer250
Fri Dec 08, 2017 6:04 pm
Forum: Investing - Theory, News & General
Topic: "Financial Shock" wealth
Replies: 33
Views: 6012

Re: "Financial Shock" wealth

These articles make me feel so wealthy. That is because it is very likely that you are wealthy :D Exactly, but sometimes you might not feel like it hanging out in places like this where people are asking if $10M is "enough." The world is a weird place and our perspectives are critical. My co-worker...
by Engineer250
Fri Dec 08, 2017 3:24 pm
Forum: Investing - Theory, News & General
Topic: Did Capital One 360 Savings raise rates?
Replies: 27
Views: 2814

Re: Did Capital One 360 Savings raise rates?

I can confirm that opening a Capital One 360 money market account and moving money from my Capital One 360 savings account to the money market account was easy and painless. Took all of 5 minutes. I have a dumb question because I am about to do this. Did you leave any money behind in your regular s...
by Engineer250
Fri Dec 08, 2017 3:16 pm
Forum: Investing - Theory, News & General
Topic: Vanguard customer service reps need some training
Replies: 66
Views: 6648

Re: Vanguard customer service reps need some training

A lot of people on this Forum complain about Vanguard in one way or another. There is a simple way for those dissatisfied with Vanguard to fix this problem. Move your assets to another firm. I wish good luck to those who choose to do this. Garland Whizzer I think there is a place for constructive c...
by Engineer250
Fri Dec 08, 2017 12:15 pm
Forum: Investing - Theory, News & General
Topic: Did Capital One 360 Savings raise rates?
Replies: 27
Views: 2814

Re: Did Capital One 360 Savings raise rates?

It also looks like they no longer show when interest rate changes took effect in the transaction history. Who was the genius who thought, "You know what users would like? Diplaying account balances in 50 pixel tall letters, so if they check their account while at work or in other public places, eve...
by Engineer250
Fri Dec 08, 2017 11:49 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle Is Worried About U.S. Pensions
Replies: 80
Views: 6895

Re: Jack Bogle Is Worried About U.S. Pensions

That's what I would do if I had no other choice. You can live pretty well on a modest Social Security check in a number of countries that are fairly friendly to Americans. I think they will be forced to raise the age for receiving social security benefits to 70 or even 75--I just don't see any othe...
by Engineer250
Thu Dec 07, 2017 12:23 pm
Forum: Investing - Theory, News & General
Topic: Did Capital One 360 Savings raise rates?
Replies: 27
Views: 2814

Did Capital One 360 Savings raise rates?

If I go to Capital One's website it says the rate for their regular 360 savings is 1%. However if I go to my account and click details it still says 0.75%. Anyone know if they just increased rates? Maybe it will take a day or two to show 1% on my account or maybe I am misreading something. Money mar...
by Engineer250
Thu Dec 07, 2017 12:03 pm
Forum: Investing - Theory, News & General
Topic: Thrift Savings Plan to Change I Fund Index
Replies: 7
Views: 965

Re: Thrift Savings Plan to Change I Fund Index

Thanks I would have missed this news otherwise and it is good news. My IRA and Roth and 401k are more complicated than I would like since I have to hold emerging and international small to balance out my I Fund. Looking forward to when they make the transition and I can go back to holding Total US a...
by Engineer250
Thu Dec 07, 2017 2:16 am
Forum: Investing - Theory, News & General
Topic: Vanguard customer service reps need some training
Replies: 66
Views: 6648

Re: Vanguard customer service reps need some training

A lot of people on this Forum complain about Vanguard in one way or another. There is a simple way for those dissatisfied with Vanguard to fix this problem. Move your assets to another firm. I wish good luck to those who choose to do this. Garland Whizzer I think there is a place for constructive c...
by Engineer250
Wed Nov 15, 2017 1:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1114897

Re: U.S. stocks in freefall

Sorry everyone. I thought for sure my bi-weekly 401k money going in yesterday would boost the market. This must be the first red day my money actually went in on in six or eight months. Don't worry though, next year I'll be able to max out my 401k for the first year ever, and max out two Roth IRAs....
by Engineer250
Wed Nov 15, 2017 10:12 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1114897

Re: U.S. stocks in freefall

Sorry everyone. I thought for sure my bi-weekly 401k money going in yesterday would boost the market. This must be the first red day my money actually went in on in six or eight months. Don't worry though, next year I'll be able to max out my 401k for the first year ever, and max out two Roth IRAs. ...
by Engineer250
Sun Nov 12, 2017 3:31 am
Forum: Investing - Theory, News & General
Topic: The average American retiree household
Replies: 57
Views: 10910

Re: The average American retiree household

The military and the federal civilian workforce plans have also become defined contribution rather than defined benefit oriented. Change has been slower in the public sector but it is happening. Fed civilians still have defined benefit (though newer employees pay in 3-4x what older employees are pa...
by Engineer250
Fri Nov 10, 2017 10:45 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1114897

Re: U.S. stocks in freefall

Still barely on the down side of flat this morning. But don't worry, my 401k money goes in Tuesday (and I upped it!) So you can bet it will be up before then.
by Engineer250
Tue Nov 07, 2017 1:12 pm
Forum: Investing - Theory, News & General
Topic: Does Blackrock think it's all a game?
Replies: 33
Views: 4818

Re: Does Blackrock think it's all a game?

IF I was running a financial firm I would focus on who has the money. Considering even when the oldest generation dies soon that money is not going to the millennials, but their parents generation. But again I admit freely I don't know squat on selling investing services to the Millennials. I just ...
by Engineer250
Wed Nov 01, 2017 11:07 am
Forum: Personal Finance (Not Investing)
Topic: Home Purchase Advice
Replies: 11
Views: 1258

Re: Home Purchase Advice

I'm looking forward to what KlangFool says on this one. Where is he? I thought he'd be all over this one. Maybe the OP situation satisfies his criteria, or at least one of them. The OP has 2 million dollars and want to buy a half a million dollars house. So they will not be house poor. Also OP is i...
by Engineer250
Mon Oct 30, 2017 6:45 pm
Forum: Personal Finance (Not Investing)
Topic: Home Purchase Advice
Replies: 11
Views: 1258

Re: Home Purchase Advice

panchilly wrote:
Sun Oct 29, 2017 9:38 pm
I'm looking forward to what KlangFool says on this one.
Where is he? I thought he'd be all over this one.
by Engineer250
Mon Oct 30, 2017 6:42 pm
Forum: Personal Consumer Issues
Topic: "Best" Online Degree if already a college graduate
Replies: 120
Views: 14974

Re: "Best" Online Degree if already a college graduate

I think people need to be a lot more careful about potentially taking on a lot of debt for various programs in order to advance their career, online or not. A local state University to me costs $6k a year. Private/online programs tend to be $30k a year or more. A lot of life is just showing up and c...
by Engineer250
Mon Oct 30, 2017 3:58 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1114897

Re: U.S. stocks in freefall

Houe wrote:
Mon Oct 30, 2017 1:23 pm
ruralavalon wrote:
Sun Oct 29, 2017 1:21 pm
I just thought I'd check on how the freefall is progressing.
Currently down 0.33% today. Not that I'm keeping track...
My 401k money goes in tomorrow so you can be confident it will be back up again before my money goes in.
by Engineer250
Wed Oct 25, 2017 9:30 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4184
Views: 1114897

Re: U.S. stocks in freefall

CNBC referred to today as a "sharp decline" before stocks regained some losses. So 1% is a sharp decline now CNBC? And we didn't even end on that much! Marketplace radio's Kai Ryssdal calls days like today "mostly flat". He is correct. Still, happy to see this thread degenerate into gambling compari...
by Engineer250
Mon Oct 23, 2017 11:32 am
Forum: Investing - Theory, News & General
Topic: Why do I need bonds? (I'm 30)
Replies: 70
Views: 6594

Re: Why do I need bonds? (I'm 30)

I pay $3,000 in taxes/insurance per year with no mortgage at all. :confused I'm getting really confused, if I'm "house poor" should I hold more bonds/cash/tips? How is this actionable? Kinda seems like slander. :? KF shows up in every one of these "100% stock" threads. He got laid off and bought hi...
by Engineer250
Thu Oct 19, 2017 10:40 pm
Forum: Personal Finance (Not Investing)
Topic: new 401(k) limits announced
Replies: 88
Views: 13050

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: 4110

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: 1286

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: 4184
Views: 1114897

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: 4184
Views: 1114897

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: 4184
Views: 1114897

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: 7156

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: 2749

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: 2130

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: 4184
Views: 1114897

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: 4184
Views: 1114897

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: 9242

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: 7849

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: 3233

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: 3910

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: 34920

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: 2271

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: 4660

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: 17731

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: 2448

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: 2448

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: 5656

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: 842

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: 671

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: 2747

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: 1052

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: 2502

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: 17027

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...