Search found 511 matches

by M_to_the_G
Sat Feb 03, 2018 9:03 am
Forum: Personal Finance (Not Investing)
Topic: Need help - first major career choice (fed. gov.)
Replies: 39
Views: 2492

Re: Need help - first major career choice (fed. gov.)

It partly depends, as well, on which agency you will be working for. There is an annual ranking of the best places to work in the Federal Government: http://bestplacestowork.org/BPTW/index.php. It's a website that ranks the "best places to work" in the federal government based on how happy people re...
by M_to_the_G
Sat Feb 03, 2018 8:44 am
Forum: Investing - Help with Personal Investments
Topic: I have an overwhelming gift I'm in need of help of please.
Replies: 89
Views: 7935

Re: I have an overwhelming gift I'm in need of help of please.

If I were in your shoes, I would pay off the mortgage. It sounds like you are currently implementing an investment plan. Continue to do so, and now add the amount that you were paying toward the mortgage. Now you are super-charging your investment plan, your house it paid off in full, and you have n...
by M_to_the_G
Sat Feb 03, 2018 8:35 am
Forum: Investing - Help with Personal Investments
Topic: 4% withdrawal rate
Replies: 11
Views: 1381

Re: 4% withdrawal rate

I understand that 4% withdrawal rate is the 'theoretical' amount that you can take out yearly from you retirement accounts, and have a good chance of retiring successfully. I think I read that 90% of people following the 4% withdrawal rate actually increased their money by the end of retirement, an...
by M_to_the_G
Sat Feb 03, 2018 8:32 am
Forum: Personal Consumer Issues
Topic: How to ship two big tubs of butter internationally?
Replies: 43
Views: 3442

Re: How to ship two big tubs of butter internationally?

I ship butter internationally all the time. Just smear it on the inner side of a normal cardboard box (like an Amazon box). When it arrives at its destination, the recipient can just pull the box apart and use the cardboard pieces as serving trays for the butter. Quick and easy.
by M_to_the_G
Sat Jan 20, 2018 3:01 pm
Forum: Personal Consumer Issues
Topic: Do we need an emergency supplies kit (go bag)?
Replies: 65
Views: 5456

Re: Do we need an emergency supplies kit (go bag)?

I have an emergency 'go bag' in all our cars; dried food, nut and water to make it three days (assumes 48 Oz H2O daily) for 2 people; first aid kit; two pairs of good sneakers. The amount of food most people need to get through three days is zero. Weather appropriate clothing is usually much more i...
by M_to_the_G
Sat Jan 20, 2018 1:48 pm
Forum: Personal Consumer Issues
Topic: Do we need an emergency supplies kit (go bag)?
Replies: 65
Views: 5456

Re: Do we need an emergency supplies kit (go bag)?

No, you don't need one. Your neighbors don't have one, after all. Your friends and family will think you're weird for having one. It will sit there all year long and gather dust, and eventually some of the things inside it will start to expire and need to be replaced. That will be a serious annoyanc...
by M_to_the_G
Sat Jan 20, 2018 1:26 pm
Forum: Investing - Help with Personal Investments
Topic: Lost money through Bitconnect scam - learned my lesson
Replies: 94
Views: 7636

Re: Lost money through Bitconnect scam - learned my lesson

Wowzers... well, the lesson here isn't just "don't fall for scams." The other -- and perhaps bigger -- lesson is "don't invest in hot trends." The time to get into bitcoin was in 2013 when it was selling at $72 per coin, i.e. when there wasn't much buzz around bitcoin. If you had invested $100,000 i...
by M_to_the_G
Sat Jan 20, 2018 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 719
Views: 188833

Re: Share your net worth progression

Exactly. I'm probably close to the back of the pack among Bogleheads, with my $600K net worth at 38. If I were sitting at a dinner table with the average cross-section of folks here who work in tech, medicine, law, etc., I might indeed feel a bit self-conscious... But if I were sitting around the di...
by M_to_the_G
Fri Jan 12, 2018 1:52 am
Forum: Investing - Help with Personal Investments
Topic: Finding local retirement advisor
Replies: 1
Views: 189

Re: Finding local retirement advisor

Find a fee-only fiduciary here: https://www.napfa.org/find-an-advisor#tab=filters

Even if you have to drive an hour to meet an advisor you find there, it will be worth it. Do not just go to your local Edward Jones guy with the flashing, Hollywood smile.
by M_to_the_G
Fri Jan 12, 2018 1:47 am
Forum: Investing - Help with Personal Investments
Topic: Ideas for Investing 100k
Replies: 5
Views: 461

Re: Ideas for Investing 100k

I would invest according to your IPS, which should already take into account your need and ability to take risk. Since you are presumably young and already have money invested, this would seem to be the most straightforward approach. It's likely not enough money to change your life long term , so y...
by M_to_the_G
Fri Jan 12, 2018 1:45 am
Forum: Investing - Help with Personal Investments
Topic: Ideas for Investing 100k
Replies: 5
Views: 461

Re: Ideas for Investing 100k

This is just my suggestion, but here are three immediate steps you could take to set yourself up well: 1. Open a Vanguard taxable account and put the money -- minus $10,100 -- into 20% Vanguard VTIAX (international stock admiral shares) and 80% Vanguard VTSAX (U.S. total stock market admiral shares)...
by M_to_the_G
Thu Jan 11, 2018 2:57 am
Forum: Investing - Help with Personal Investments
Topic: Investing 200k cash
Replies: 8
Views: 1309

Re: Investing 200k cash

Thought of putting in a mix of index funds but tax-deferred as well as 401k as well as taxable accounts (IRA, 401k, MF) already have that mix. What does this mean? Why do you have to invest in something other than what you already have? Thanks. I meant I already have a portion of my taxable as well...
by M_to_the_G
Wed Jan 10, 2018 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: Choosing funds for 401k
Replies: 31
Views: 2081

Re: Choosing funds for 401k

Listen to that duck! :) Many of us have done so, and many of us have benefited from sage, avian advice.
by M_to_the_G
Wed Jan 10, 2018 12:41 pm
Forum: Investing - Help with Personal Investments
Topic: New AA [Asset Allocation]
Replies: 34
Views: 5785

Re: New AA [Asset Allocation]

Contributed $5,500 to my Roth IRA for 2018 (via backdoor conversion -- this will be the first year in which my income exceeds the contribution limit):
$5,500 VGSLX

Updated (but not rebalanced) today.
by M_to_the_G
Sun Dec 17, 2017 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Question about Backdoor Roth IRA
Replies: 3
Views: 374

Question about Backdoor Roth IRA

I have a Roth IRA account with Vanguard. I do not have – and have never had – any other IRAs. I contributed $5,500 to my Roth IRA for 2017 in January of 2017, so this is a question pertaining to 2018. 2018 will be the first year my MAGI will exceed the individual limit for contributions to a Roth IR...
by M_to_the_G
Thu Dec 14, 2017 8:45 am
Forum: Investing - Theory, News & General
Topic: Any of you trade just a little as a hobby?
Replies: 64
Views: 6249

Re: Any of you trade just a little as a hobby?

No, never even tempted. I do many hundreds of exchanges every year in my mutual fund accounts, $100 here and there, and that's kind of a game, aiming for that .1 percent gain vs. doing nothing [emphasis mine] . Sadly I have no way to calculate my results down to anywhere near that precision, so I j...
by M_to_the_G
Thu Dec 14, 2017 8:33 am
Forum: Investing - Help with Personal Investments
Topic: Ameriprise :(
Replies: 37
Views: 4589

Re: Ameriprise :(

Call Vanguard, get some advice, and then just have them just transfer everything to Vanguard funds? You don't have to even talk to this advisor ever again, if memory serves me correctly from what others have reported here.
by M_to_the_G
Thu Dec 14, 2017 8:25 am
Forum: Investing - Help with Personal Investments
Topic: What to do after losing $117k in stock market?
Replies: 156
Views: 17153

Re: What to do after losing $117k in stock market?

Investing does bring me joy and excitement. Life will be boring. I submit the line above should be changed to "Gambling does bring me joy and excitement. Life will be boring without it." +1. This. I suggest straight-up gambling in a casino. It's more fun, will give you the same "joy and excitement"...
by M_to_the_G
Thu Dec 14, 2017 7:58 am
Forum: Investing - Help with Personal Investments
Topic: New AA [Asset Allocation]
Replies: 34
Views: 5785

Re: New AA [Asset Allocation]

Contributed $10,000 to my taxable:
$10,000 VTSAX

Updated (but not rebalanced) today.
by M_to_the_G
Mon Dec 04, 2017 1:01 am
Forum: Personal Consumer Issues
Topic: Want to start after school prep work for underprivileged
Replies: 14
Views: 1144

Re: Want to start after school prep work for underprivileged

There's a reason why there's such a high burnout rate among inner city school teachers and aid workers. I won't even go into it, as there are copious amounts of literature available on the subject. Sometimes caring isn't enough. Go in "eyes wide open"... and good luck.
by M_to_the_G
Sat Nov 25, 2017 8:47 am
Forum: Investing - Help with Personal Investments
Topic: Thrift Savings Plan
Replies: 34
Views: 4402

Re: Thrift Savings Plan

I would move the TSP funds to -- and allocate future contributions to -- L2050. Read Bill Bernstein’s free pamphlet called “If You Can.” You can download it online. It includes an excellent reading list.
by M_to_the_G
Wed Nov 08, 2017 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: New AA [Asset Allocation]
Replies: 34
Views: 5785

Re: New AA [Asset Allocation]

Contributed $10,000 to my taxable:
$10,000 VTIAX

Updated and rebalanced today.
by M_to_the_G
Sat Sep 23, 2017 12:25 pm
Forum: Personal Consumer Issues
Topic: Spray Foam Insulation
Replies: 20
Views: 2371

Re: Spray Foam Insulation

https://www.youtube.com/watch?v=0Hh5MYv7lWc

Spray foam is great if done right. If done wrong...
by M_to_the_G
Sat Sep 02, 2017 9:33 am
Forum: Investing - Help with Personal Investments
Topic: 500K Retirement Account Milestone reached!
Replies: 1
Views: 705

500K Retirement Account Milestone reached!

Inspired by rcjchicity's recent post , I've been waiting to post my own 500K milestone thread. Well, it happened today ! :D This milestone has been evading me for a few weeks, but I finally got over the $500,000 mark in my retirement accounts! Congrats! I hope to be posting one of these soon myself....
by M_to_the_G
Sat Sep 02, 2017 9:19 am
Forum: Investing - Help with Personal Investments
Topic: New AA [Asset Allocation]
Replies: 34
Views: 5785

Re: New AA [Asset Allocation]

Contributed $12,000 to my taxable:
$12,000 VTIAX

Updated (but not rebalanced) today. $500k milestone reached! :D
by M_to_the_G
Thu Jun 22, 2017 5:47 pm
Forum: Personal Finance (Not Investing)
Topic: Did I just get seriously ripped off?? (Car lease)
Replies: 54
Views: 6410

Re: Did I just get seriously ripped off?? (Car lease)

Used luxury vehicles are such a steal because of the extremely high maintenance costs, which the OP alluded to. watch:

https://www.youtube.com/watch?v=XV9rJwEOCus
https://www.youtube.com/watch?v=u_8VueuEtH8
by M_to_the_G
Thu Jun 22, 2017 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: 500K Retirement Account Milestone
Replies: 27
Views: 5507

Re: 500K Retirement Account Milestone

Elsebet wrote:Congrats! I hope to be posting one of these soon myself. :)
Same. If all goes according to plan, I should be making that 500k post by the end of this year, touch wood.
by M_to_the_G
Sun Jun 18, 2017 4:30 pm
Forum: Investing - Theory, News & General
Topic: If everybody indexed, the only word you could use is chaos, catastrophe
Replies: 66
Views: 9619

Re: If everybody indexed, the only word you could use is chaos, catastrophe

And this is why I find myself sleeping soundly after recommending indexing to pretty much every wage earner who doesn't have the time, knowledge, motivation, and risk tolerance to make a reasonable attempt at trading to make money off the inefficiency. Which is to say, "to everybody". Exactly. But ...
by M_to_the_G
Sat Jun 17, 2017 5:41 pm
Forum: Investing - Theory, News & General
Topic: If everybody indexed, the only word you could use is chaos, catastrophe
Replies: 66
Views: 9619

Re: If everybody indexed, the only word you could use is chaos, catastrophe

I would not underestimate human psychology and the need to be "different" or "better" than others. Not only this, but also the need to believe that there is a "silver bullet" solution that offers low risk and high reward. Or the perceived need, based on desperation, to make a lot of money in a shor...
by M_to_the_G
Tue Feb 07, 2017 2:34 am
Forum: Investing - Theory, News & General
Topic: Too good to be true? [Bogleheads' model of index investing]
Replies: 48
Views: 6369

Re: Too good to be true?

Read Bill Bernstein's "If You Can" (as well as all seven books in the accompanying reading list), and I guarantee that you will not wonder about this question ever again. Whenever someone comes on here looking for validation of the theory (usually after fluctuation in the market [and the resulting a...
by M_to_the_G
Sun Jan 01, 2017 9:58 pm
Forum: Investing - Help with Personal Investments
Topic: Should I contribute monthly to my taxable mutual fund if I have the leftover funds after important expenses??
Replies: 13
Views: 1362

Re: Should I contribute monthly to my taxable mutual fund if I have the leftover funds after important expenses??

You can vary the amount you contribute to your pension plan? I am a federal employee, and we just pay whatever we pay, and then the government pays its share. We can't opt to contribute more or less. Our pension is based on a percentage (determined by length of service) of a "high three" calculation...
by M_to_the_G
Sun Jan 01, 2017 7:56 pm
Forum: Investing - Help with Personal Investments
Topic: What are your portfolio/investments?
Replies: 38
Views: 3369

Re: What are your portfolio/investments?

37 years old here. 12 years from retirement (touch wood!). Taxable at Vanguard -- (29%) (12%) (VTSAX) Vanguard Total Stock Market Index Fund Admiral Shares (0.05%) (17%) (VTIAX) Vanguard Total International Stock Index Fund Admiral Shares (0.16%) Thrift Savings Plan -- (54%) (21%) C Fund (0.025%) (1...
by M_to_the_G
Sun Jan 01, 2017 6:08 pm
Forum: Investing - Help with Personal Investments
Topic: Questions on Three-Fund Portfolio
Replies: 14
Views: 3641

Re: Questions on Three-Fund Portfolio

Greetings from a fellow fed! Congratulations on getting thinking about this stuff at a relatively young age. Here are my thoughts: 1. Before you accumulate more cash for investments in a taxable account (at USAA, Vanguard, or wherever), you might want to seriously consider substantially increasing y...
by M_to_the_G
Sun Jan 01, 2017 4:23 pm
Forum: Investing - Help with Personal Investments
Topic: New AA [Asset Allocation]
Replies: 34
Views: 5785

Re: New AA [Asset Allocation]

Contributed $5,500 to my Roth IRA for 2017:
$5,500 VGSLX

Updated (but not rebalanced) today.
by M_to_the_G
Sun Nov 27, 2016 11:50 pm
Forum: Personal Consumer Issues
Topic: "Musk Says Tesla’s Solar Shingles Will Cost Less Than a Dumb Roof"
Replies: 78
Views: 10585

Re: "Musk Says Tesla’s Solar Shingles Will Cost Less Than a Dumb Roof"

I'm bearish on Musk. He also says that there will be millions of people on Mars in just a few decades. I don't believe that for a minute. I also don't believe very many more people are going to buy his electric cars; there will probably come a point where sales growth will trickle. For the time bein...
by M_to_the_G
Fri Nov 11, 2016 2:38 pm
Forum: Investing - Help with Personal Investments
Topic: TSP G Fund
Replies: 18
Views: 2952

Re: TSP G Fund

retiredjg wrote:If you want 20% in your bond (fixed income) allocation, consider using half and half G Fund and F Fund (which is total bond market index). Easy peasy.
This is exactly what I do.
by M_to_the_G
Fri Oct 07, 2016 1:32 am
Forum: Personal Consumer Issues
Topic: Should I upgrade my beat up car?
Replies: 69
Views: 5909

Re: Should I upgrade my beat up car?

Well now, you have made me curious. So what does driving such a car mean, anyway? I'd genuinely like to know. As for me, I primarily drive a well-maintained, somewhat beat up and worn out (comes with the territory, it has 200K miles on it) usually dirty inside and out (we live in a dusty rural area...
by M_to_the_G
Thu Oct 06, 2016 4:12 pm
Forum: Personal Consumer Issues
Topic: Should I upgrade my beat up car?
Replies: 69
Views: 5909

Re: Should I upgrade my beat up car?

There is absolutely no need to be ashamed of driving a nicely maintained well kept clean older car. Someone that drives a poorly maintained beat up worn out dirty car (especially the interior) is another story. What does it say about someone if they drive a poorly-maintained, beat up, worn out, dir...
by M_to_the_G
Tue Aug 02, 2016 3:20 pm
Forum: Personal Consumer Issues
Topic: Vacation loans
Replies: 37
Views: 4362

Re: Vacation loans

Also not to stray from the topic, but the question was raise by the above two posts: I am not referring to accredited programs. Further, you know that I know that you know that I know that you know that most unaccredited online programs are baloney and predate on people who aspire to hire education,...
by M_to_the_G
Mon Aug 01, 2016 1:09 am
Forum: Personal Finance (Not Investing)
Topic: Should I do ROTC?
Replies: 44
Views: 4252

Re: Should I do ROTC?

Since you don't need the scholarship money, it boils down to what you want to do. And you have already applied for it and been accepted, which means that you are interested. So... why not? :) It's a lifestyle choice for you, at the end of the day. Full disclosure: I have zero military experience, ou...
by M_to_the_G
Mon Aug 01, 2016 12:39 am
Forum: Investing - Help with Personal Investments
Topic: 401K options for Girlfriend
Replies: 10
Views: 1029

Re: 401K options for Girlfriend

I am working on my girlfriend's 401K options with Fidelity. The best options are: Fidelity Total Market Index Fund (FSTMX) 0.09% -- Complete US stocks Fidelity Diversified International Fund (FDIVX) 1.00% -- Decent international fund, expensive Fidelity Intermediate Bond Fund (FTHRX) 0.45% -- Decen...
by M_to_the_G
Mon Aug 01, 2016 12:34 am
Forum: Personal Consumer Issues
Topic: Vacation loans
Replies: 37
Views: 4362

Re: Vacation loans

Taking a loan to go on vacation falls into the same category as getting an MBA from an unaccredited online school... the consumer's heart is in the right place, but the choice is misguided. A shyster is preying on the intrepid consumer's noble aspirations, and playing them against his reason. It is ...
by M_to_the_G
Sun Jul 10, 2016 11:30 pm
Forum: Personal Finance (Not Investing)
Topic: Where were you financially when you were at 30?
Replies: 226
Views: 30656

Re: Where were you financially when you were at 30?

36 years old here. When I was 30, I had just joined the Foreign Service and was headed to my first overseas mission. Very exciting time, starting a new life. Financially, I was doing fine. I had grown up poor and struggled terribly in my 20’s, but by 27 I had found a good job that paid well. I took ...
by M_to_the_G
Sun Jul 10, 2016 9:47 pm
Forum: Personal Consumer Issues
Topic: What do you spend your money on???
Replies: 149
Views: 17572

Re: What do you spend your money on???

I was surprised when I actually analyzed this to find that our housekeeper coming 2 days per week was one of our highest expenses. Besides that travel, medical and food eating in and out are biggest ones. This ignores outlandish private college expenses which dwarf all other categories. Even my hig...
by M_to_the_G
Sun Jul 10, 2016 9:45 pm
Forum: Personal Consumer Issues
Topic: What do you spend your money on???
Replies: 149
Views: 17572

Re: What do you spend your money on???

I see I'm not the only one who's gotten into guns and shooting recently. With all the gear and ammo (especially the ammo...), the costs add up! But it is so much fun. I look forward to every trip to the range, and I can see my marksmanship improving. I even look forward to doing my dry fire practice...
by M_to_the_G
Wed Jul 06, 2016 11:34 pm
Forum: Investing - Help with Personal Investments
Topic: Another Young Investor seeking advice
Replies: 4
Views: 625

Re: Another Young Investor seeking advice

Here is a great pdf booklet written just for newbies like you: https://www.etf.com/docs/IfYouCan.pdf +1 If you do nothing else , read that pamphlet by Bill Bernstein. It contains a reading list. If you read all the books in the reading list in the order he recommends, you will want for very little ...
by M_to_the_G
Wed Jul 06, 2016 10:38 pm
Forum: Personal Consumer Issues
Topic: Live abroad for a year?
Replies: 32
Views: 3105

Re: Live abroad for a year?

Do it.
by M_to_the_G
Wed Jul 06, 2016 10:32 pm
Forum: Personal Consumer Issues
Topic: Experience with Honda airbag recall?
Replies: 153
Views: 37860

Re: Experience with Honda airbag recall?

I did it last year for my 2002 Accord. I guess it depends on the area/dealership. I got an appointment, went to the dealership, and it was done in an hour on the same day. Didn't even have time to finish my coffee...
by M_to_the_G
Wed Jul 06, 2016 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: Another Young Investor seeking advice
Replies: 4
Views: 625

Re: Another Young Investor seeking advice

Hi Everyone - Thank you for taking the time to read this post. I am seeking investment advice as I am new to this world. Many of my relatives are public employees with state pensions who have never invested, so it looks like I'm the first in the family to do so. I'm 23 years old. Very lucky to have...
by M_to_the_G
Wed Jul 06, 2016 10:17 pm
Forum: Investing - Help with Personal Investments
Topic: new investor
Replies: 16
Views: 1744

Re: new investor

freebz wrote:Ok, so I updated my original post.
To clarify, are you sticking with a 1% contribution to the 401(k)? If so -- and if you are eligible for a 3% match, as you wrote in your OP -- you are leaving 2% on the table by not contributing the full 3% to get that match. I would definitely do that.