Search found 492 matches

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: 1029

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: 3938

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: 32
Views: 5461

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: 2192

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: 686

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: 32
Views: 5461

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: 5879

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: 5267

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: 9300

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: 9300

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: 6305

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 r...
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: 1299

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" c...
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: 3236

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: 3514

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: 32
Views: 5461

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: 10445

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: 2855

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: 5749

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: 5749

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: 4309

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: 4173

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, outsi...
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: 987

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: 4309

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: 29988

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: 17191

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: 17191

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: 600

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: 3022

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: 37189

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: 600

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: 1710

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.
by M_to_the_G
Wed Jul 06, 2016 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: New AA [Asset Allocation]
Replies: 32
Views: 5461

Re: New AA [Asset Allocation]

Contributed $5,000 to my taxable:
$5,000 VTIAX

Updated (but not rebalanced) today.
by M_to_the_G
Fri Apr 15, 2016 10:59 pm
Forum: Investing - Help with Personal Investments
Topic: Magic Number? How much to save for retirement
Replies: 45
Views: 8252

Re: Magic Number? How much to save for retirement

When you’re talking about a 20 year time horizon, you have to make assumptions, but I personally feel that it is a useful exercise to think about the “magic number” because it’s useful to have some point of reference. The experts say to save 10-15% of income, but what if you plan to retire early? I ...
by M_to_the_G
Fri Apr 15, 2016 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: I don't have anyone else to brag about this to [debt free]
Replies: 77
Views: 9769

Re: I don't have anyone else to brag about this to [debt free]

November 1, 2010. That was the day I became debt free. Congratulations! You are right to tell you fellow Bogleheads about it. We will indeed celebrate with you! So here’s to you, friend. :sharebeer :sharebeer
by M_to_the_G
Sun Apr 10, 2016 12:58 am
Forum: Personal Finance (Not Investing)
Topic: How to get my 29 year old sister into saving....("I don't have any money to save")
Replies: 58
Views: 6430

Re: How to get my 29 year old sister into saving....("I don't have any money to save")

You have planted the seed, or at least attempted to. Now you can only cross your fingers. As the old adage goes, when the student is ready, the master will appear. The reverse, unfortunately, is not also true. In other words, if your sister were inclined to start saving, she would already have found...
by M_to_the_G
Mon Apr 04, 2016 9:31 pm
Forum: Investing - Theory, News & General
Topic: To Buy or Rent a Home? Weighing Which Is the Better Choice
Replies: 16
Views: 3523

Re: To Buy or Rent a Home? Weighing Which Is the Better Choice

A perspective from Salman Khan (the web educator, not the famous actor) that had a big influence on me: https://www.youtube.com/watch?v=YL10H_EcB-E
by M_to_the_G
Mon Apr 04, 2016 9:21 pm
Forum: Personal Consumer Issues
Topic: Filtered Water?
Replies: 27
Views: 2240

Re: Filtered Water?

I use a Brita filter pitcher. It makes a huge difference. In fact, it makes nasty-tasting tap water taste like bottled spring water. The filters have to be replaced occasionally.
by M_to_the_G
Mon Apr 04, 2016 9:20 pm
Forum: Personal Consumer Issues
Topic: Sensory Deprivation Tanks
Replies: 23
Views: 3012

Re: Sensory Deprivation Tanks

I've heard of these. I think they are very concentrated saline solutions baths that are kept at body temperature, so it feels like your floating in nothingness (think Dead Sea). No noise, no light, no sensation. I'd like to try it myself, actually.
by M_to_the_G
Fri Mar 11, 2016 3:22 pm
Forum: Personal Finance (Not Investing)
Topic: TSP Participant Account Balances
Replies: 43
Views: 9648

Re: TSP Participant Account Balances

Here is a testimony of a federal employee (currently a GS-14) who started in 1987 and who had a TSP balance of $1,192,314 as of last January (he did it all in the TSP, i.e. no rollovers, SEPs, etc.): http://blogs.fedsmith.com/2015/01/13/ho ... llionaire/
by M_to_the_G
Sat Feb 27, 2016 3:56 pm
Forum: Personal Consumer Issues
Topic: Tough Frugal Decisions
Replies: 111
Views: 21121

Re: Tough Frugal Decisions

I have always been a firm believer in keeping one's fixed, recurring expenses low. Sure I spend lots of money on random one-time things or events, but those can always be cut back when times are bad. Not so easy to cut back your property taxes or car payment when things suddenly go bad. I do this a...
by M_to_the_G
Sun Feb 07, 2016 3:00 am
Forum: Personal Consumer Issues
Topic: Raw Honey?
Replies: 34
Views: 3776

Re: Raw Honey?

If it's the really good stuff, it'll even have bees' legs in it. Raw honey, in addition to having all the goodness of the bits of royal jelly and pollen that don't get micro-filtered out, is said to be beneficial in fighting allergies, and I know that some people start each allergy season by downing...
by M_to_the_G
Tue Jan 26, 2016 11:45 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 15822

Re: What is your favorite Financial Quote or Metaphor??

VictoriaF wrote:Лучше недоперевыполнить чем перенедовыполнить. (My ex.)

Victoria

P.S. This is an intricate phrase and Google Translate does not get it.


Take a stab for us. :mrgreen: At least tell us what the gist is.
by M_to_the_G
Tue Jan 26, 2016 12:37 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 15822

Re: What is your favorite Financial Quote or Metaphor??

"You can't latte yourself to bankruptcy.  The bladder won't allow it." - Katherine Porter "What has been will be again, what has been done will be done again, and there is nothing new under the sun." - Ecclesiastes 1:9 "Americans spend money they don't have, on things they d...
by M_to_the_G
Tue Jan 26, 2016 12:14 am
Forum: Investing - Help with Personal Investments
Topic: Another 100% stock thread!
Replies: 33
Views: 3515

Re: Another 100% stock thread!

Keep in mind that the rationale behind having a bond position is not to reduce a portfolio's exposure to market turbulence, but to do so without drastically reducing possible returns. I have a fairly aggressive portfolio (80/20 @ 36 yrs old) but still maintain a bond position, and I will increase th...
by M_to_the_G
Tue Jan 26, 2016 12:09 am
Forum: Investing - Help with Personal Investments
Topic: Leaving EJones for Vanguard or TSP?
Replies: 8
Views: 1182

Re: Leaving EJones for Vanguard or TSP?

In addition to the G Fund, keep in mind that the TSP also has lower fees than Vanguard. Vanguard's admiral index shares are at 0.05%. The TSP funds are at 0.025%. There are some institutional funds available to some 401(k) participants with fees as low as 0.02%, but you may or may not have access to...
by M_to_the_G
Tue Jan 26, 2016 12:02 am
Forum: Investing - Theory, News & General
Topic: What is Your Bond Allocation & Location
Replies: 48
Views: 7019

Re: What is Your Bond Allocation & Location

How do you allocate the bond portion of your portfolio? Based on risk tolerance and time horizon. I am 36 years old and plan to retire in 14 years (at the age of 50). I started at 85/15. I am currently at 80/20. When I'm ten years out (in about 4 years), I'll move to 70/30. I will probably move to 6...
by M_to_the_G
Mon Jan 25, 2016 11:52 pm
Forum: Investing - Theory, News & General
Topic: What is your favorite Financial Quote or Metaphor??
Replies: 179
Views: 15822

Re: What is your favorite Financial Quote or Metaphor??

Two from Bill Bernstein:

"Finance isn't rocket science, but you'd better understand it clearly." (from his pamphlet "If You Can")
"If you know how to pick an advisor, you don’t need one." (from the Bogleheads 9 Q&A panel)
by M_to_the_G
Mon Jan 25, 2016 8:05 pm
Forum: Personal Finance (Not Investing)
Topic: Share your net worth progression
Replies: 607
Views: 162577

Re: Share your networth progression

Not to challenge here, but I don't understand your post. You know that Bogleheads are inclined to make some sacrifices early on, save prodigiously, and track their progress. It's very important to most of us that we are on track to retire in comfort, and "wealthy" is relative. There are m...