Search found 984 matches

by Novine
Mon Feb 08, 2016 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Am I getting fleeced on my IRA? Opinions welcome.
Replies: 21
Views: 886

Re: Am I getting fleeced on my IRA? Opinions welcome.

If you're going to use Vanguard funds, move your money to Vanguard. No point in dealing with a middleman/woman.
by Novine
Fri Feb 05, 2016 11:24 pm
Forum: Investing - Theory, News & General
Topic: Bogleheads investment philosophy at huge risk?
Replies: 29
Views: 3316

Re: Bogleheads investment philosophy at huge risk?

"JESSE FELDER'S TUMBLR Jesse has been managing money for over 20 years. He began his professional career at Bear Stearns and later co-founded a multi-billion-dollar hedge fund firm headquartered in Santa Monica, California. Today he trades independently and publishes The Felder Report." Gl...
by Novine
Thu Dec 31, 2015 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: I'm getting strong impulses to put some money into VGHCX
Replies: 11
Views: 1874

Re: I'm getting strong impulses to put some money into VGHCX

The question today is whether you acted on that impulse and if you did, how did it pan out?
by Novine
Tue Sep 22, 2015 9:21 pm
Forum: Investing - Help with Personal Investments
Topic: 3 Fund Portfolio...still recomended to stay the course?
Replies: 19
Views: 1964

Re: 3 Fund Portfolio...still recomended to stay the course?

If you haven't seen this kind of chart before, it highlights how in the not-so-distant past, international equities were the hot asset class. As others have noted, holding them provides diversification and your goal should be to buy them when they're beaten down, not wait until they run up in price ...
by Novine
Sun Sep 20, 2015 3:38 pm
Forum: Investing - Help with Personal Investments
Topic: Looking for advice. 24 yr/old young professional sold life insurance by NML.
Replies: 68
Views: 4896

Re: Looking for advice. 24 yr/old young professional sold life insurance by NML.

I'm in my 40s and married. I don't have and never have had life insurance. We don't have kids and my wife can support herself if I was no longer around. I would rather invest the dollars that might go into term or whole life insurance into our retirement accounts. You should seriously ask yourself w...
by Novine
Sat Sep 12, 2015 6:47 pm
Forum: Investing - Theory, News & General
Topic: The Dogs of Vanguard?
Replies: 36
Views: 3760

Re: The Dogs of Vanguard?

What will be your trigger to get out? I could see some of these sectors doing a rollercoaster ride over the next 5 to 10 years.
by Novine
Wed Sep 09, 2015 7:56 pm
Forum: Personal Consumer Issues
Topic: new lawn dying / dead due to heat...suggestions?
Replies: 40
Views: 2463

Re: new lawn dying / dead due to heat...suggestions?

The advice that you should do an infrequent but deep watering of turf grass has been contradicted by the experts at Michigan State who research this kind of stuff: "Research at Michigan State University indicates that damage from certain turf diseases and insects are reduced when light, frequen...
by Novine
Tue Sep 08, 2015 11:25 pm
Forum: Investing - Theory, News & General
Topic: The 50 Top-Performing Mutual Funds of the Last 10 Years
Replies: 15
Views: 3006

Re: The 50 Top-Performing Mutual Funds of the Last 10 Years

I had been thinking about doing a post about VCHSX, which was #2 of the top 50. It's available in my VALIC 457 plan. When I first signed up for the 457 plan, it was one of those funds that stood out for its performance . But it has an equally eye-popping ER of almost 2%. Still, with an almost 18% re...
by Novine
Mon Aug 31, 2015 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Voya 401(k)'s insanely high ER's on Vanguard funds
Replies: 34
Views: 6842

Re: Voya 401(k)'s insanely high ER's on Vanguard funds

"I'm always polite but firm with him. I'm always open to informed opinions (hence this forum), but canned advice from a salesman I find extremely annoying, hence my very low opinion of him. And for that, we pay .9% a year. Some 403b plans really, really stink, and she's stuck with one of them.&...
by Novine
Wed Aug 26, 2015 4:11 pm
Forum: Investing - Theory, News & General
Topic: Individual Stocks Does it Ever Make Sense?
Replies: 81
Views: 7997

Re: Individual Stocks Does it Ever Make Sense?

"A lot of folks are saying that I'm gambling. Am I really though?" I guess I would say "no" but not for the reason that you think. I don't understand the purpose of picking "safe" stocks. With those stocks, you're losing the benefits that come with diversification with ...
by Novine
Mon Aug 24, 2015 9:13 am
Forum: Investing - Theory, News & General
Topic: New Investors - First Correction?
Replies: 45
Views: 4272

Re: New Investors - First Correction?

"The past week has stung, this is my first correction. After "doing the right thing" I feel like I made a big mistake. Obviously I couldn't have known a correction was coming but it's hard to think that I somehow messed up." How do you think your individual stocks and sector fund...
by Novine
Mon Aug 24, 2015 9:05 am
Forum: Investing - Help with Personal Investments
Topic: Did a dumb thing [lump summed into market after sitting on cash for years]
Replies: 111
Views: 13514

Re: Did a dumb thing [lump summed into market after sitting on cash for years]

"So now that we have a full blown market crash - you guys are not selling?"

Why would I? I have an investment timeline of decades. How about you?
by Novine
Sun Aug 23, 2015 12:36 pm
Forum: Personal Finance (Not Investing)
Topic: When pension beneficiary pre-deceases pensioner
Replies: 4
Views: 708

Re: When pension beneficiary pre-deceases pensioner

Agree with other posters that these are plan specific questions. You need to contact the pension plan and get your questions answered. You never want to assume and discover too late that your assumptions are incorrect.
by Novine
Sat Aug 22, 2015 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Did a dumb thing [lump summed into market after sitting on cash for years]
Replies: 111
Views: 13514

Re: Did a dumb thing [lump summed into market after sitting on cash for years]

Kaylson - when do you plan to retire? If it's more than a few years, why are you constantly looking at those balances? It's not as if you are going to take that money out soon, are you? I look at my balances once a month and only that often because we tally our financial totals once a month. Otherwi...
by Novine
Sat Aug 22, 2015 9:18 am
Forum: Investing - Help with Personal Investments
Topic: A year with Bogleheads! Update and Thanks
Replies: 19
Views: 1960

Re: A year with Bogleheads! Update and Thanks

I don't see anything wrong with being 100% stocks at 22. I've always held some bonds but if there's a time to learn whether you can stomach a crash or not, it's better to do it at 22 when you don't have a lot put away and you have plenty of time to recover from the losses. Too many people don't lear...
by Novine
Sat Aug 22, 2015 9:11 am
Forum: Investing - Help with Personal Investments
Topic: Simple Vanguard ETF Portfolio Recommendation for Young Investor?
Replies: 7
Views: 520

Re: Simple Vanguard ETF Portfolio Recommendation for Young Investor?

Personally, I would aim to get that down to 2 or 3 ETFs, mimicking the 3 Fund portfolio. Considering the amount you have invested, slicing and dicing it that way makes it unnecessarily complicated and it likely isn't resulting in any significant boost to your portfolio. Plus, even though you've slic...
by Novine
Fri Aug 21, 2015 11:02 pm
Forum: Investing - Help with Personal Investments
Topic: Roth IRA losing value....should I exchange?
Replies: 36
Views: 3486

Re: Roth IRA losing value....should I exchange?

From your first post here, you indicated you are 30 years old. My first suggestion to you is to stop looking at your account balance for your Roth IRA. You've invested in an IRA - an Individual Retirement Account (or what the IRS calls an Individual Retirement Arrangement). That's money your saving ...
by Novine
Fri Aug 21, 2015 10:52 pm
Forum: Investing - Theory, News & General
Topic: Should I want the market to go up or down?
Replies: 35
Views: 4011

Re: Should I want the market to go up or down?

"However, if I am 67 years old and retired last month I want the market to embrace this past week as a short-term correction in an absolutely ridiculous raging bull market." At 67, I plan on having an AA in place that will be more insulated from downturns that my current AA. Buy - hold - r...
by Novine
Mon Aug 17, 2015 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Refi to drop mortgage insurance?
Replies: 12
Views: 1122

Re: Refi to drop mortgage insurance?

Try this refinancing calculator. Keep in mind that interest rates are higher than your current rate and that rolling your closing costs into the loan will bump that up even further.
by Novine
Sun Aug 02, 2015 8:28 pm
Forum: Investing - Help with Personal Investments
Topic: Is Is Wise Not To Factor Social Security/Medicare Into Your Retirement Plans?
Replies: 20
Views: 1711

Re: Is Is Wise Not To Factor Social Security/Medicare Into Your Retirement Plans?

When I hear people like the OP talk say "I don't expect Medicare to be around when I retire" , I wonder how do you project those costs? Although we know that health insurance costs do not equal health care costs, we know that as we age, health insurance is going to get more and more expens...
by Novine
Sat Aug 01, 2015 11:26 am
Forum: Personal Finance (Not Investing)
Topic: Keep paying the mortgage??
Replies: 67
Views: 6941

Re: Keep paying the mortgage??

I would hold off contacting any professional organizations until your lawyer has weighed in on how they are going to proceed. The threat of reporting this individual to a professional organization may be one of the methods that your lawyer will use to get this individual to rectify the situation sho...
by Novine
Sat Aug 01, 2015 11:08 am
Forum: Personal Finance (Not Investing)
Topic: Is Indexed Universal Life Insurance Best Legacy?
Replies: 36
Views: 2087

Re: Is Indexed Universal Life Insurance Best Legacy?

"I don't feel obligated at all. I just want to give the agent the courtesy of telling him why it is not a good fit, but I need to understand the product to do that." The best answer is "Thank you but we're not interested in [insert insurance product name here]." Otherwise, you le...
by Novine
Thu Jul 30, 2015 7:52 pm
Forum: Investing - Theory, News & General
Topic: Can I be a Boglehead and a UAW?? [Under Accumulator of Wealth]
Replies: 27
Views: 2804

Re: Can I be a Boglehead and a UAW??

"There is much criticism, but very little in terms of a different or better metric/formula. Greatly seeking reassurance for my fragile and frugal ego that we’re doing well towards accumulating wealth." You do realize that the formula is way too simplistic to be anything other than a rough ...
by Novine
Tue Jul 28, 2015 11:32 pm
Forum: Personal Finance (Not Investing)
Topic: Keep paying the mortgage??
Replies: 67
Views: 6941

Re: Keep paying the mortgage??

"At no time did the seller/realtor (one and the same), mortgage officer, or attorney advise me on the importance of the inspection or I certainly would have asked for one." That's because it was your responsibility to get the home inspected before you got yourself on the hook for a mortgag...
by Novine
Tue Jul 28, 2015 6:38 pm
Forum: Personal Consumer Issues
Topic: Free Windows 10 Upgrade, Yes or No?
Replies: 429
Views: 44022

Re: Free Windows 10 Upgrade, Yes or No?

"Generally my advice with a new OS is wait for the first service pack or maintenance (non-security) update. Then upgrade, so you are taking full advantage of the latest enhancements (especially security related)." Windows 10 isn't going to follow the traditional pattern of patches and serv...
by Novine
Mon Jul 20, 2015 11:46 am
Forum: Investing - Help with Personal Investments
Topic: 26 in California: Maxing out Roth IRA/401k, but what to do about HSA?
Replies: 19
Views: 2446

Re: 26 in California: Maxing out Roth IRA/401k, but what to do about HSA?

"We tried to use funds in our HSA to pay for our 3-month old (we are now on a PPO) and were told we could not because we are not currently on an HDP. Were we lied to by the hospital billing office?" Not sure if you were lied to but what's to stop you from paying that cost out of pocket and...
by Novine
Mon Jul 20, 2015 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Can You Contribute to Parents Roth IRA?
Replies: 26
Views: 2458

Re: Can You Contribute to Parents Roth IRA?

The OP reported: "I would always max out all my retirement accounts (18K Pre-Tax and 20K after-tax (Will convert to Roth) for my employers 401K, I also have a SEP IRA I will contribute 53K pre-tax (Small side business)) and likely add some to a 529 before contributing to my parents plan." ...
by Novine
Sat Jul 18, 2015 8:23 am
Forum: Personal Finance (Not Investing)
Topic: Savings Plan Advice - What to do with my assets?
Replies: 12
Views: 1232

Re: Savings Plan Advice - What to do with my assets?

Interesting that your wife is a "debt is the devil" person combined with a bit of a gambling streak. Those usually don't go together. Who would be sticking the stocks in the stock-picking scenario - you or the wife?
by Novine
Fri Jul 17, 2015 6:54 pm
Forum: Investing - Theory, News & General
Topic: Indexing vs Active Stock Selection
Replies: 50
Views: 4148

Re: Indexing vs Active Stock Selection

By the way, how is GT Advanced Technologies doing these days? That was a "can't miss path to millions" for stock pickers.
by Novine
Fri Jul 17, 2015 6:45 pm
Forum: Investing - Theory, News & General
Topic: Indexing vs Active Stock Selection
Replies: 50
Views: 4148

Re: Indexing vs Active Stock Selection

I'm not sure I consider what the OP described as a good example of "active investing". First, it sounds like the OP has employed a "buy and hold" strategy. That gives them an advantage over the average active stock picker by minimizing transaction costs and taxes. Second, while t...
by Novine
Fri Jul 17, 2015 4:21 pm
Forum: Personal Finance (Not Investing)
Topic: Savings Plan Advice - What to do with my assets?
Replies: 12
Views: 1232

Re: Savings Plan Advice - What to do with my assets?

It sounds like the wife is more interested in playing the stock market versus just indexing in a taxable account.
by Novine
Fri Jul 17, 2015 7:28 am
Forum: Personal Finance (Not Investing)
Topic: Savings Plan Advice - What to do with my assets?
Replies: 12
Views: 1232

Re: Savings Plan Advice - What to do with my assets?

Why is your wife looking to invest in taxable accounts? I would want to understand her reasons before settling on a course of action.
by Novine
Thu Jul 16, 2015 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Considering Life Insurance Overfund as Short-Term Investment
Replies: 18
Views: 1567

Re: Suggestion for Short-Term Investments

I don't follow the logic of paying 4.5% interest on debt so that you can try to earn 3.5% interest on savings...
by Novine
Tue Jul 14, 2015 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: Financial Review - 29 & 28 Year Old Married Couple
Replies: 14
Views: 1928

Re: Financial Review - 29 & 28 Year Old Married Couple

"We usually spend about $4,500 - $5,500 per month including our bills, groceries, entertainment, etc. So, we have about $4,000 or $5,000 in additional income per month that we need to allocate." Does the expenditure side of your numbers include current contributions to your retirement acco...
by Novine
Tue Jul 14, 2015 9:26 pm
Forum: Personal Consumer Issues
Topic: Builder wants to put a retaining wall on my property
Replies: 52
Views: 4942

Re: Builder wants to put a retaining wall on my property

"That’s an interesting idea of selling them that little piece of land, on the condition that I’m not responsible for water run-off or land settling. And selling a temporary easement is something totally new." It was noted earlier that you might not be able to sell off a strip of land. In s...
by Novine
Wed Jul 08, 2015 6:24 pm
Forum: Personal Consumer Issues
Topic: What antivirus software?
Replies: 47
Views: 3910

Re: What antivirus software?

I've talked to a lot of satisfied users of the free version of AVG. Microsoft Security Essentials gets decent reviews. But I prefer to get my anti-virus software from companies that specialize in anti-virus software.
by Novine
Tue Jul 07, 2015 9:47 am
Forum: Personal Finance (Not Investing)
Topic: How nuch concern is it to you when stocks
Replies: 50
Views: 3645

Re: How nuch concern is it to you when stocks

I'm surprised that no one directly addressed the OP's follow-up comment: "It is all fine while a person is still contributing to the market on a monthly basis but when you are done on monthly contributions. I won't be buying at low costs anymore." If your now in the retirement phase of you...
by Novine
Mon Jul 06, 2015 8:37 pm
Forum: Personal Consumer Issues
Topic: Worst financial book you have read (or will admit you have read)
Replies: 94
Views: 10326

Re: Worst financial book you have read (or will admit you have read)

"The worst "financial" book I read has to be Rich Dad, Poor Dad by Robert Kiyasaki." I gave this zero stars at Goodreads. Glad that I checked it out from the library and didn't waste a cent on it. The reviews at Goodreads run hot and cold. People either love it or hate it. I disl...
by Novine
Mon Jul 06, 2015 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Newlywed Financial Checkup
Replies: 8
Views: 721

Re: Newlywed Financial Checkup

You'll need to provide more details on your retirement accounts if you're looking for advice on asset allocation, etc. But from a 10,000 ft view, you're off to a good start financially as a married couple. Is there a reason for not contributing more than 5% to the wife's 401k? You're in a fortunate ...
by Novine
Fri Jul 03, 2015 9:30 am
Forum: Investing - Theory, News & General
Topic: Emergdoc on Mr. Money Mustache
Replies: 186
Views: 23278

Re: Emergdoc on Mr. Money Mustache

"His financial independence is predicated on not spending. Because if he spends (and someday he might want to or have to), he's not independent. Financial independence should give you more choices, not fewer." Emergdoc has debunked this view of MMM. As Emergdoc noted, MMM could significant...
by Novine
Thu Jul 02, 2015 7:02 pm
Forum: Investing - Theory, News & General
Topic: How did you start?
Replies: 35
Views: 3818

Re: How did you start?

A great primer not just on investing but on what it takes to be a successful investor for the long term - William Bernstein's If You Can: How Millenials Can Get Rich Slowly . It's only 15 pages long but packed full of great information.
by Novine
Thu Jul 02, 2015 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Taking over my own Investing, Lots of Questions
Replies: 16
Views: 1778

Re: Taking over my own Investing, Lots of Questions

You might not get a lot of responses with the holiday weekend (US) approaching. Renue74's link should help clarify your questions about bond fund placements: - 1st choice: Tax-deferred account like your 403b - 2nd choice: Tax free account - Roth IRA - 3rd choice: Taxable account Do you have any acce...
by Novine
Sat Jun 27, 2015 3:48 pm
Forum: Personal Finance (Not Investing)
Topic: Do you think this is a smart budget ?
Replies: 17
Views: 3004

Re: Do you think this is a smart budget ?

It depends. What income would you have if you lost your job? How would you pay for health insurance for you and your family? Could your spouse go to work if you couldn't find work? What are the job prospects if you lost your job? If you didn't have income coming in, how would you pay for your house,...
by Novine
Sat Jun 27, 2015 3:46 pm
Forum: Investing - Help with Personal Investments
Topic: NJ state pension
Replies: 39
Views: 2859

Re: NJ state pension

It's both - there are the legal hurdles and the political hurdles. My thought is that even if it was legally doable, and I agree with your assessment of the challenge to doing that, the political obstacles would make that very unlikely.
by Novine
Sat Jun 27, 2015 3:44 pm
Forum: Investing - Help with Personal Investments
Topic: As a couple in late 30s, how bad are we doing?
Replies: 63
Views: 11865

Re: As a couple in late 30s, how bad are we doing?

It is a late start and most people your age on Bogleheads probably are further ahead than you are today. But keep in mind that you are 30 years away from your retirement age per Social Security which means you'll likely have several decades of working and saving before you have to use those retireme...
by Novine
Sat Jun 27, 2015 10:23 am
Forum: Investing - Help with Personal Investments
Topic: NJ state pension
Replies: 39
Views: 2859

Re: NJ state pension

"I could assume that they'll get it for at least the next 6 years, taking my MIL to maximum SS benefits, and then assume $0. That seems too safe though? I wonder what the worst outcome for any state pension has been to date." It hasn't been zero. Even if a plan is underfunded, it still can...
by Novine
Sat Jun 27, 2015 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Do you think this is a smart budget ?
Replies: 17
Views: 3004

Re: Do you think this is a smart budget ?

Since your spouse doesn't work and you have young children, I personally would want more than 6 months in an emergency savings accounts. Assuming you have decent fund choices in your workplace 401k, you should start there. That will help reduce your taxable income too. Do you plan on helping the kid...
by Novine
Sat Jun 27, 2015 10:01 am
Forum: Investing - Help with Personal Investments
Topic: unsure if I should open up a 457B
Replies: 23
Views: 2102

Re: unsure if I should open up a 457B

"I don't quite understand the relevance of me having a separate good retirement tool from a total $ perspective." Based on what you've shared, you're going to have a number of income sources in retirement: - 403b - Pension - Roth IRA - Social Security Some people like to add a taxable acco...
by Novine
Fri Jun 26, 2015 9:46 am
Forum: Investing - Help with Personal Investments
Topic: Made outsize returns in a short period of time: what am I doing wrong?
Replies: 52
Views: 7620

Re: Made outsize returns in a short period of time: what am I doing wrong?

"I rebalanced from TSL to JASO a couple of hours after the CEO made the announcement of his buyout offer, because although I had planned to rebalance the day before, I was way too busy and didn't log in until after markets had closed, so I'm still negative on JASO." JASO is still around? T...
by Novine
Fri Jun 26, 2015 9:32 am
Forum: Personal Finance (Not Investing)
Topic: Pension Question - Early Retirement
Replies: 38
Views: 5225

Re: Pension Question - Early Retirement

"I haven't done anything about contacting the prior employer about beginning payments because I have not planned to take them. Obviously, the longer I delay taking them, the more they are worth and I don't need the income now." Is that actually the case? Some pension plans don't give you h...

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