Search found 855 matches

by MoonOrb
Fri Nov 03, 2017 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: 36k Career Starter Loan
Replies: 30
Views: 1450

Re: 36k Career Starter Loan

Yeah I had the same career starter loan as a naval officer (it was just not nearly as much money back then). Max out your TSP and a Roth and invest the rest in a taxable account. Buy a cheap car. Thanks for your service.
by MoonOrb
Fri Nov 03, 2017 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Contribute to tax deferred vs taxable accounts
Replies: 15
Views: 1058

Re: please advise - ?create more tax deferred space?

If your concern is taxes, why pay a 39.6% marginal rate now and capital gains taxes later when you will at most pay a 39.6% rate later and no capital gains? Tax deferral when you're at the top of the marginal rate chart seems to be an obvious yes. The harder question is what this will cost you--I'm ...
by MoonOrb
Fri Nov 03, 2017 8:39 pm
Forum: Investing - Help with Personal Investments
Topic: 36k Career Starter Loan
Replies: 30
Views: 1450

Re: 36k Career Starter Loan

I took out a career starter loan at a low interest rate when I was first employed. I invested it. If I were employed, I'd follow the conventional wisdom: Invest up to 401k match Max out Roth Max out 401k See if you can do a Mega Back Door Roth Taxable investing I'd also pay down student debt with it...
by MoonOrb
Fri Nov 03, 2017 8:31 pm
Forum: Investing - Help with Personal Investments
Topic: Contribute to tax deferred vs taxable accounts
Replies: 15
Views: 1058

Re: please advise - ?create more tax deferred space?

More info needed? In general, what's the downside of tax-deferral if you are at a marginal rate of 39.6 and at least one of you will be working until after age 59.5? Also, can you be more precise about the expenses associated with the cash balance plan? It sounds like you defer $100k yet have nearly...
by MoonOrb
Sun Oct 29, 2017 12:38 pm
Forum: Personal Finance (Not Investing)
Topic: PA Speeding Ticket?
Replies: 31
Views: 1547

Re: PA Speeding Ticket?

It's been a long time since I got a speeding ticket in PA--I never tried to fight them. If you're not getting any points, just pay this $140 and move on. The fact that you were the only car pulled over is meaningless--he can only pull over one car, after all. A buddy of mine tried this argument in c...
by MoonOrb
Sat Oct 28, 2017 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Can I retire today?
Replies: 132
Views: 7618

Re: Can I retire today?

I don't think you're missing anything here. Nine months hardly makes a difference in your case. I hope you can free yourself from this toxic work situation and feel relaxed and free. You've earned it. FWIW I disagree with the numerous suggestions that bind you to work in one way or another--either b...
by MoonOrb
Sat Oct 28, 2017 2:49 pm
Forum: Personal Consumer Issues
Topic: Amazon kindle paperwhite
Replies: 69
Views: 3472

Re: Amazon kindle paperwhite

I just got an email from Amazon alerting that kindle paperwhite is now reduced to 89.99. Does anyone here use it ? Is it worth it or just another electronic gadget that will strain eyes and also move us further away from physical things like books ? I think it's great. I get almost all of the books...
by MoonOrb
Sat Oct 28, 2017 10:09 am
Forum: Personal Consumer Issues
Topic: TV show recommendations?
Replies: 554
Views: 211382

Re: TV show recommendations?

The two things that have really impressed me (in totally different ways) recently:

Big Little Lies, on HBO
The Great British Baking Show, on PBS
by MoonOrb
Sat Oct 28, 2017 10:07 am
Forum: Personal Finance (Not Investing)
Topic: Sanity Check - Would like to pay off mortgage early
Replies: 35
Views: 2545

Re: Sanity Check - Would like to pay off mortgage early

I'd contribute to the Roth way before I'd consider paying down a mortgage. You get the benefit of the tax-advantaged account and of liquidity, since you can remove the contributions without penalty if you need to. Any savings you'll get from paying down the mortgage just don't seem that significant...
by MoonOrb
Sat Oct 28, 2017 12:20 am
Forum: Personal Finance (Not Investing)
Topic: Sanity Check - Would like to pay off mortgage early
Replies: 35
Views: 2545

Re: Sanity Check - Would like to pay off mortgage early

I'd contribute to the Roth way before I'd consider paying down a mortgage. You get the benefit of the tax-advantaged account and of liquidity, since you can remove the contributions without penalty if you need to. Any savings you'll get from paying down the mortgage just don't seem that significant ...
by MoonOrb
Wed Oct 25, 2017 9:50 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1099112

Re: U.S. stocks in freefall

If not for this thread popping up in my recent activity I wouldn't even know that the market was down.
by MoonOrb
Wed Oct 25, 2017 8:37 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1099112

Re: U.S. stocks in freefall

Everyone who walks into a casino does NOT have a positive expected return. Expected return has a real definition and it is negative for someone gambling at a casino. Maybe you mean they "expect" to win money by being lucky. Even then that would not be everyone, only fools. +1 The Casino has a +EV. ...
by MoonOrb
Fri Oct 13, 2017 11:47 am
Forum: Investing - Help with Personal Investments
Topic: How young is too young to retire.
Replies: 55
Views: 8294

Re: How young is too young to retire.

It may help you and your wife to think in terms of being financially independent rather than in terms of working or retiring as they can be completely separate. Once you are financially independent, you don't have to exchange your time and effort for money, but you can if you want to. It's not hard...
by MoonOrb
Fri Sep 01, 2017 6:36 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 4148
Views: 1099112

Re: U.S. stocks in freefall

anyone can relate this to the current political situation in uS? Section 4(a) of the forum's policies ("Unacceptable Topics" / "Politics and Religion") prohibits political discussion. I did not want to get into any political discussion. But how can you talk about economics, specially stock market, ...
by MoonOrb
Sun Aug 20, 2017 10:25 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3053
Views: 900035

Re: What Movie Have You Recently Watched?

Sicario , free on Amazon prime. An FBI agent gets involved in a complicated drug trafficking plot. This movie got a lot of good reviews, but I think most of the suspense was due to the many unexpected "twists". It's not bad, but I wasn't impressed. There were elements to this I really liked. I thou...
by MoonOrb
Sun Aug 20, 2017 10:23 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3053
Views: 900035

Re: What Movie Have You Recently Watched?

Selections from Amazon Prime: The Exception : Serviceable WWII suspense/drama that you may enjoy if you like those types of things. I liked it well enough, but I like those types of things. Kill Me Again : The first in a series of three increasingly good late 80s/early 90s neo-noirs by writer and di...
by MoonOrb
Sat Aug 19, 2017 3:44 pm
Forum: Personal Consumer Issues
Topic: Bose Noise Cancelling Headphones
Replies: 49
Views: 4265

Re: Bose Noise Cancelling Headphones

I've had only good experiences with Bose. I'm not an audiophile.

I have noise canceling earbuds, not headphones, and I love them. They are great for traveling, especially. They're comfortable, the sound quality is good, and the noise canceling is effective.
by MoonOrb
Mon Aug 14, 2017 12:22 pm
Forum: Investing - Theory, News & General
Topic: Building A Warchest
Replies: 32
Views: 3354

Re: Building A Warchest

Why not just have a 2 or 3 fund portfolio and put this into TBM? What you're describing isn't really that different, except it is more complicated, more expensive, and invites you to market time rather than just rebalance when appropriate.
by MoonOrb
Fri Aug 11, 2017 11:21 pm
Forum: Personal Finance (Not Investing)
Topic: "Why do you want to come here?" Hiring Manager Question
Replies: 19
Views: 3046

Re: "Why do you want to come here?" Hiring Manager Question

Two things: 1. First, come up with 1-2 tangible reasons why this is plausible. This is the least important part of answering this question, but it's necessary. 2. Second, then use the question as an way to talk about one of your key selling points as to why you're a great employee and would be a goo...
by MoonOrb
Wed Aug 09, 2017 10:45 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3053
Views: 900035

Re: What Movie Have You Recently Watched?

I watched Apocalypse Now again tonight for the first time in about 20 years. It's quite a movie.
by MoonOrb
Tue Aug 08, 2017 10:01 pm
Forum: Investing - Theory, News & General
Topic: Deja Vu.. are there too many houses for sale?
Replies: 47
Views: 4593

Re: Deja Vu.. are there too many houses for sale?

Frisco Kid wrote:MoonOrb, sounds like the Bay Area! 40% over asking and losing the deal almost defies logic. What area are you referring to?
Seattle.
by MoonOrb
Tue Aug 08, 2017 9:25 am
Forum: Investing - Theory, News & General
Topic: Deja Vu.. are there too many houses for sale?
Replies: 47
Views: 4593

Re: Deja Vu.. are there too many houses for sale?

Just last night I heard that a friend's mother was outbid when she made an all cash offer of $1.3m on a house listed at less than $900k. I never bought a house in US. I am a renter. I don't understand how can one decide if the listed price is too low and he would be better off to offer more than li...
by MoonOrb
Tue Aug 08, 2017 8:56 am
Forum: Investing - Theory, News & General
Topic: Deja Vu.. are there too many houses for sale?
Replies: 47
Views: 4593

Re: Deja Vu.. are there too many houses for sale?

Just last night I heard that a friend's mother was outbid when she made an all cash offer of $1.3m on a house listed at less than $900k. I never bought a house in US. I am a renter. I don't understand how can one decide if the listed price is too low and he would be better off to offer more than li...
by MoonOrb
Tue Aug 08, 2017 8:46 am
Forum: Personal Consumer Issues
Topic: Question for Buick Verano (non turbo) or Mazda3 owners
Replies: 35
Views: 1980

Re: Question for Buick Verano (non turbo) or Mazda3 owners

I've got a standard shift 2008 Mazda3. It's been a great car and we've had zero trouble with it. Hoping to own it another five years. I'd buy a Mazda again with zero hesitation.
by MoonOrb
Tue Aug 08, 2017 8:43 am
Forum: Investing - Theory, News & General
Topic: Deja Vu.. are there too many houses for sale?
Replies: 47
Views: 4593

Re: Deja Vu.. are there too many houses for sale?

Where I live there are too few homes for sale. A coworker is house hunting and has been outbid several times in the last few weeks: all cash offers waiving inspection and $100k+ over listing price. Just last night I heard that a friend's mother was outbid when she made an all cash offer of $1.3m on ...
by MoonOrb
Sun Aug 06, 2017 12:34 am
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3053
Views: 900035

Re: What Movie Have You Recently Watched?

I found Dunkirk to remind me a little of The Thin Red Line, which captured a lot of the horror and surrealism of war without attempting a direct narrative arc. Story-driven narratives can make for great films, and great war films, but there's something about the way Dunkirk created an impression of ...
by MoonOrb
Sat Aug 05, 2017 2:52 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3053
Views: 900035

Re: What Movie Have You Recently Watched?

Saw Wonder Woman . I typically think that comic book movies are generally, at best, okay. This one was better than average for that genre in my opinion. So for fans of comic movies, they might really like it. If you dislike comic movies, you can skip this one. Gal Gadot made a pretty good Wonder Wom...
by MoonOrb
Sat Aug 05, 2017 12:55 pm
Forum: Personal Consumer Issues
Topic: Pay Per View Movies
Replies: 6
Views: 964

Re: Pay Per View Movies

This doesn't address your question exactly but if you have Hoopla available through your library you can borrow up to 20 titles a month for free: https://www.hoopladigital.com/my/hoopla A fair number of things duplicate what can be found in the Amazon Prime/Netflix catalogs, but if you're not subscr...
by MoonOrb
Sat Aug 05, 2017 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Help with understanding - pay taxes now or in future
Replies: 59
Views: 3612

Re: Help with understanding - pay taxes now or in future

If you do find yourself in a lower tax bracket when you retire because you're no longer contributing to FICA/FUTA and no longer set aside money into your 401k/IRAs, are no longer are paying a mortgage, have lower overall expenses etc. is that you may be able to do convert a portion of your tax-defer...
by MoonOrb
Thu Aug 03, 2017 8:58 am
Forum: Investing - Theory, News & General
Topic: How to Account for Taxes - 25X Rule
Replies: 16
Views: 1974

Re: How to Account for Taxes - 25X Rule

Phil DeMuth wrote:
Generally the best ways to do this are to shift stocks out of IRAs and into taxable accounts, so the RMDs don't grow as much.

Can you say a little more about this? How do you do this in addition to Roth conversions?
by MoonOrb
Sun Jul 30, 2017 3:19 pm
Forum: Personal Finance (Not Investing)
Topic: Philosophy major and future law student
Replies: 93
Views: 5513

Re: Philosophy major and future law student

If he REALLY wants to go to law school, it doesn't matter at all what his undergraduate major is. Philosophy is a fine major for prospective law students. So is economics. So is art history. So is biology. Literally, it doesn't matter. There's something to be said, on the other hand, for choosing a ...
by MoonOrb
Thu Jul 27, 2017 8:53 pm
Forum: Personal Consumer Issues
Topic: BMW Z3 or Z4 or nothing at all?
Replies: 79
Views: 5725

Re: BMW Z3 or Z4 or nothing at all?

When I was choosing between a Z3 and Z4 and did all the research, I found the answer was pretty obvious. Reader, I bought a Miata. Basically, my decision tree was like this: Step 1: Do I want to spend a lesser amount of money, say, the amount I'd spend on a Z3? Y: Buy a Miata N: Go to Step 2 Step 2:...
by MoonOrb
Tue Jul 25, 2017 2:06 am
Forum: Personal Finance (Not Investing)
Topic: Investing Education and Mansplaining
Replies: 128
Views: 9089

Re: Investing Education and Mansplaining

I'd recommend Rebecca Solnit's excellent book "Men Explain Things to Me" for people whose knee-jerk reaction is to consider that the OP's daughter is somehow out of line here. It might help change how you think about this a bit!
by MoonOrb
Sun Jul 23, 2017 10:08 pm
Forum: Personal Consumer Issues
Topic: What Movie Have You Recently Watched?
Replies: 3053
Views: 900035

Re: What Movie Have You Recently Watched?

Poldark season 1 and 2. Prime video. Check it out. PBS masterpiece. In the Washington, DC, area watching previous seasons of Poldark requires enrolling in the PBS Passport, at $60/year or more. I intentionally live without a TV to limit my watching, and so getting a PBS subscription would be a slip...
by MoonOrb
Thu Jul 20, 2017 11:19 pm
Forum: Personal Finance (Not Investing)
Topic: Approaching major milestone, need cool-headed advice
Replies: 34
Views: 5248

Re: Approaching major milestone, need cool-headed advice

A few additional thoughts, that I am not sure I saw covered: 1. Your house. I think the predominant concern here is that you really don't like home ownership. Since that's the case, I think the best answer might be for you to sell the home anyway. But if you're just sort of "meh" about it, what's th...
by MoonOrb
Wed Jul 19, 2017 5:18 pm
Forum: Investing - Theory, News & General
Topic: Risk, Return, and Rebalancing
Replies: 104
Views: 4298

Re: Risk, Return, and Rebalancing

But one thing I always wonder about when I read posts like these is what you do if you're at a very down time at the time when you want to be starting to keep your portfolio safer. Perhaps you should be easing into that position so there is no sudden disruption. That's what I'd say too, if I were i...
by MoonOrb
Wed Jul 19, 2017 4:28 pm
Forum: Investing - Theory, News & General
Topic: Risk, Return, and Rebalancing
Replies: 104
Views: 4298

Re: Risk, Return, and Rebalancing

I think that one's take on this issue depends greatly on what purpose you are holding stocks and bonds for. Traditionally, the view is that stocks are for growth and bonds are for safety, and the historical data support this. In retirement, my plan is to generally hold ten years of spending in bond...
by MoonOrb
Tue Jul 18, 2017 9:20 am
Forum: Investing - Help with Personal Investments
Topic: Personal Finance Milestone: 20 Times Annual Expense
Replies: 95
Views: 9530

Re: Personal Finance Milestone: 20 Times Annual Expense

Congratulations! This is a powerful reminder of the value of living beneath one's means and sticking to a plan.
by MoonOrb
Sun Jul 16, 2017 11:37 am
Forum: Investing - Help with Personal Investments
Topic: What advice to give 21 year old?
Replies: 133
Views: 9662

Re: What advice to give 21 year old?

On the topic of poker players: I've yet to meet a person who considered themselves poker player who didn't also consider themselves a good poker player. The poker playing world is like Lake Woebegone, where everyone is better than average (which, it sort of should be, since if you find yourself cons...
by MoonOrb
Sun Jul 16, 2017 1:33 am
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 166
Views: 19259

Re: How are folks handling the unprecedented rise in the market ?

I'm handling by just expecting that the market is supposed to sometimes be down and sometimes be up. I'm not worrying about trying to predict when it is that it will do either one of those things. I expect it to be worth more in 20 years than it is now, so I stay in it.
by MoonOrb
Sat Jul 15, 2017 11:25 am
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 32
Views: 4543

Re: Best way to build wealth

KlangFool
Because the goal is overall portfolio tax efficiency not necessarily prioritizing zero taxes today.
by MoonOrb
Sat Jul 15, 2017 10:52 am
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 32
Views: 4543

Re: Best way to build wealth

What is my best way to build wealth on a 30k a year budget. With 6% going to 401k. And money going into a vanguard taxable account in a diversified fund that is allocated between 40/60 and 80/20. My risk tolerance depends on the diversity of the fund and how it will hold up in a bear market. Thank ...
by MoonOrb
Sat Jul 15, 2017 8:39 am
Forum: Investing - Help with Personal Investments
Topic: Best way to build wealth
Replies: 32
Views: 4543

Re: Best way to build wealth

It's good to ask these questions but you will do yourself a lifelong favor by going through the effort of learning the fundamental principles you need to answer these questions yourself. Check out the wiki page to under "getting started" and go from there. Also there's not enough info here to really...
by MoonOrb
Sat Jul 15, 2017 8:33 am
Forum: Personal Consumer Issues
Topic: Buying house - Very important decision
Replies: 228
Views: 20591

Re: Buying house - Very important decision

Price per square foot is not a helpful metric for you when you're buying many more square feet than you need.
by MoonOrb
Fri Jul 14, 2017 11:56 pm
Forum: Investing - Help with Personal Investments
Topic: Does pension change allocation of funds?
Replies: 30
Views: 2398

Re: Does pension change allocation of funds?

I believe that pension, SS, etc are income streams that reduce the need for income in the future. Therefore the amount of income you will need to pull from your nest egg will be less. Your need to take risk is no different with or without the pension and therefore may not affect asset allocation. +...
by MoonOrb
Fri Jul 14, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 203
Views: 11336

Re: Do you count vehicle equity in net worth?

I'm kinda surprised that so many nominal Bogleheads don't seem to understand what Net Worth is, vis a vis Investible Assets. I thought that on average we had good financial literacy here. Oh well... Why worry about it? It's not really significant within the context of questions like these to have O...
by MoonOrb
Fri Jul 14, 2017 8:35 am
Forum: Investing - Help with Personal Investments
Topic: What advice to give 21 year old?
Replies: 133
Views: 9662

Re: What advice to give 21 year old?

It won't matter much either way to a person his age. I'd tell him to stick it all in a target date fund and worry about it later when he's ready.
by MoonOrb
Thu Jul 13, 2017 1:47 pm
Forum: Personal Finance (Not Investing)
Topic: Do you count vehicle equity in net worth?
Replies: 203
Views: 11336

Re: Do you count vehicle equity in net worth?

I don't include cars in net worth calculation. I do calculate net worth using: cash, investment accounts, estimated home equity. Net worth is just one data point I use in gauging financial health/progress. I'd never argue with anyone about what to include/not include in net worth because it's a numb...
by MoonOrb
Wed Jul 12, 2017 8:03 pm
Forum: Personal Consumer Issues
Topic: [Sam's Club, Costco, BJ's, and other wholesaler clubs]
Replies: 274
Views: 15766

Re: Costco with a "gentle" bump for membership

It's going to be an awful long time before a $5 increase twice a decade or so is going to outpace the amount we save at Costco every year.
by MoonOrb
Wed Jul 12, 2017 8:44 am
Forum: Investing - Help with Personal Investments
Topic: Where to put 65k cash
Replies: 64
Views: 5622

Re: Where to put 65k cash

What if you were to accomplish that diversification by buying a fund like Total Stock Market? Sounds like a solid plan to me.