Search found 2052 matches

by am
Sat Aug 27, 2016 12:25 pm
Forum: Investing - Help with Personal Investments
Topic: cash/457
Replies: 8
Views: 303

Re: cash/457

We need a lot more details about your personal situation to help. 457b which are non gov. Are not favored here but I like mine because I work for a AA2 rated organization and defer taxes at my current near 40% bracket fed + state bracket. Your situation may be different.
by am
Sat Aug 27, 2016 12:22 pm
Forum: Investing - Help with Personal Investments
Topic: Do you count your emergency fund?
Replies: 34
Views: 1699

Re: Do you count your emergency fund?

I rebalance my emergency fund by investing less from cash flow. So yes, a part of my investable assets and networth.
by am
Wed Aug 24, 2016 10:01 pm
Forum: Personal Consumer Issues
Topic: Get rich quick?
Replies: 52
Views: 8783

Re: Get rich quick?

Hi OP here after all these years. Not rich yet but can see the light at the end of the tunnel using boglehead principles with a nice bull market going strong. Thanks for all the tips but I am sticking with my 3 funder :D
by am
Wed Aug 24, 2016 9:45 pm
Forum: Investing - Theory, News & General
Topic: rebalancing into frontier markets
Replies: 12
Views: 1076

Re: rebalancing into frontier markets

I use Wasatch Frontier Emerging Small Countries Fund (WAFMX). It has a large holding in the consumer sector, as opposed to most other frontier market funds which are heavy in financials. One of its claims is that it is uncorrelated to other markets. Indeed, it seems that I have lost money in this f...
by am
Wed Aug 24, 2016 9:45 am
Forum: Investing - Theory, News & General
Topic: rebalancing into frontier markets
Replies: 12
Views: 1076

Re: rebalancing into frontier markets

IShares has a frontier market fund but it has a high ER of .79 and some overlap with emerging markets funds. I am not sure what this will add to my 3 fund portfolio other than complexity and unwanted risk?
by am
Sun Aug 21, 2016 8:54 pm
Forum: Investing - Theory, News & General
Topic: This is why a 100% stock allocation is a bad idea
Replies: 68
Views: 8179

Re: This is why a 100% stock allocation is a bad idea

As one astute observer commented earlier this week, the amount of investors asking why a 100% stock allocation isn't a good idea increases dramatically during extended bull markets. Bogleheads are quick to respond with all sorts of excellent academic and numbers-based answers, but perhaps it would ...
by am
Tue Aug 16, 2016 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Anyone else getting nervous and converting to cash as a short-term move?
Replies: 115
Views: 9737

Re: Anyone else getting nervous and converting to cash as a short-term move?

A little nervous but doing nothing. Over the last 10 years my hunches and nervousness were mostly wrong. Remember the study about the best investors being the dead ones? :D
by am
Mon Aug 15, 2016 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Self-made Millionaires: how did hitting 7 figures change you?
Replies: 262
Views: 29097

Re: Self-made Millionaires: how did hitting 7 figures change you?

At some point you have to let go of trying to reduce uncertainty to an unreasonable level and just move forward. Sure many what ifs can happen but you got to stop at some point. Somehow most retirees make it on much less than 1 mil. I dont see elderly rummaging through garbage for food or denied rea...
by am
Mon Aug 15, 2016 12:14 pm
Forum: Personal Finance (Not Investing)
Topic: Self-made Millionaires: how did hitting 7 figures change you?
Replies: 262
Views: 29097

Re: Self-made Millionaires: how did hitting 7 figures change you?

What a tough rich crowd here :D If non bogleheads were reading this link they'd think we were nuts. 1 mil in investable assets is what top 5% or 1% (not talking networth here). 1 mil plus SS + pension + part time job + paid off house or any combo can support a very comfortable lifestyle in most part...
by am
Sat Aug 13, 2016 8:30 am
Forum: Personal Finance (Not Investing)
Topic: any rule of thumb for umbrella insurance?
Replies: 8
Views: 1019

any rule of thumb for umbrella insurance?

Currently have 1 mil. policy with Geico and thinking of doing 2 mil or more. Is the amount you need based on networth, future income potential, other factors? I have all other insurance (life, disability, car, auto, malpractice) and networth approaching 2 mil. in early 40s. Thanks.
by am
Tue Aug 02, 2016 9:30 pm
Forum: Investing - Theory, News & General
Topic: How long to turn 1 million to 2 millions for you?
Replies: 44
Views: 7978

Re: How long to turn 1 million to 2 millions for you?

Curious at what point do contributions to portfolio become almost insignificant and market and compounding takes over?
by am
Tue Aug 02, 2016 7:33 am
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 544
Views: 287316

Re: Mango's new saving account policy

This is too much hassle for me. What will they do next to prevent people from gaming the system? I am closing my card. I think the party is over for these cards. Next will be insight visa and than netspend will make their requirements even more burdensome on top of the 1k max at 5% per card. Oh well...
by am
Sat Jul 30, 2016 5:19 pm
Forum: Investing - Help with Personal Investments
Topic: Pension funding ratio question
Replies: 5
Views: 373

Re: Pension funding ratio question

Thanks for the interesting paper Alan. Basically just shows that Illinois can not continue on the current trajectory and pay its retirees promised benefits. There are few good options other than new federal legislation aimed at allowing politicians to trim benefits if necessary state services are in...
by am
Sat Jul 30, 2016 2:04 pm
Forum: Investing - Help with Personal Investments
Topic: Pension funding ratio question
Replies: 5
Views: 373

Pension funding ratio question

As I am promised an annuity in the future from the state of Illinois pension, I am trying to understand just what the funding % of about 40% means as stated in the July newsletter? Does 100% funding mean that the state can pay pension in perpetuity while 40% means that funds will run dry in the near...
by am
Sun Jul 24, 2016 11:17 am
Forum: Personal Consumer Issues
Topic: What type of new driveway should I get?
Replies: 21
Views: 2364

Re: What type of new driveway should I get?

Brick pavers if done right is beautiful but pricey. Never get tired of looking at it and it has survived two winters without a scratch.
by am
Fri Jul 22, 2016 9:10 am
Forum: Personal Finance (Not Investing)
Topic: Question about FERS retirement
Replies: 24
Views: 2597

input wanted from va physicians

I have a potential gov. Job available in the near future. I am wondering if the retirement beats the current 401k with 6% match for total of about 33k. As a physician with a salary of 250k or so, how much can I expect for pension after working 10'years? Is there also a 401k type match on top of tha...
by am
Thu Jul 21, 2016 9:56 pm
Forum: Personal Finance (Not Investing)
Topic: Question about FERS retirement
Replies: 24
Views: 2597

Re: Question about FERS retirement

Any docs on here work at the va? How have you liked it especially if you switched from the private sector? Is it worth taking the pay cut and less time off to have a more regular schedule, less liability, and less production pressure?
by am
Sun Jul 17, 2016 10:23 am
Forum: Investing - Help with Personal Investments
Topic: Expense ratio question for fund in 457b
Replies: 2
Views: 217

Re: Expense ratio question for fund in 457b

Is there a way to see how much assets are In the plan?
by am
Sun Jul 17, 2016 8:38 am
Forum: Investing - Help with Personal Investments
Topic: Expense ratio question for fund in 457b
Replies: 2
Views: 217

Expense ratio question for fund in 457b

My employers non gov 457b uses Fidelity institutional 500 index as one of the funds. Can I assume that there is at least 5,000,000 invested or does Fidelity allow access to this share class to employers regardless of funds invested? There are funds available from Vanguard and Fidelity which are not ...
by am
Fri Jul 15, 2016 12:27 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lowers expense ratio of some index funds
Replies: 123
Views: 9398

Re: Fidelity lowers expense ratio of some index funds

And the correlation between the new total international fund and the old large cap international will be .99. There will be no significant difference In returns.
by am
Fri Jul 15, 2016 12:22 pm
Forum: Personal Consumer Issues
Topic: Retired a year - big loss [ :) ]
Replies: 25
Views: 4959

Re: Retired a year - big loss [ :) ]

You should focus on health, happiness and living life while you are working and accumulating assets. This should continue into retirement (except for the accumulating assets part). :sharebeer Congrats on retirement and losing weight!
by am
Tue Jul 12, 2016 6:54 pm
Forum: Investing - Theory, News & General
Topic: Valuations and market timing, and the current CAPE 10
Replies: 88
Views: 8588

Re: Valuations and market timing, and the current CAPE 10

I am not sure I understand how sometching like future market returns can be predicted within a range by something like CAPE 10? After all, how accurately can you predict human behavior with a calculation? Does the majority really buy stocks thinking about profits, earning, and if they are "over...
by am
Tue Jul 12, 2016 6:48 pm
Forum: Investing - Theory, News & General
Topic: Valuations and market timing, and the current CAPE 10
Replies: 88
Views: 8588

Re: Valuations and market timing, and the current CAPE 10

What I recommend for individual investors is different than I do myself because I have more knowledge and understand that timing can be wrong for long time, but I don't confuse strategy with outcomes. Most individuals don't have the knowledge/patience to do that. So I simply suggest they rebalance....
by am
Wed Jul 06, 2016 5:21 pm
Forum: Personal Finance (Not Investing)
Topic: Mango prepaid card - 4.8% (effective) APY
Replies: 544
Views: 287316

Re: Mango prepaid card - 4.8% (effective) APY

I am thinking of activating a card for myself but have been reading a lot of negative posts about people not getting interest, not being able to ACH money out, nasty emails about taking advantage of the system by doing bank to bank transfers instead of direct deposit, etc. if I open a card for mysel...
by am
Mon Jul 04, 2016 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Bmo Harris $500 bonus
Replies: 7
Views: 1206

Re: Bmo Harris $500 bonus

Seems like 10K in the MM for 3 months and $200 may be worth it? Not sure I want to have my check go there for 3 months?
by am
Mon Jul 04, 2016 12:36 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity's new funds
Replies: 7
Views: 784

Re: Fidelity's new funds

For practical purposes the funds will have almost similar return. The 10% or so of small caps shouldn't make much of a difference. Not sure I will switch from the all large cap fund to the new index fund.
by am
Sun Jul 03, 2016 10:19 am
Forum: Personal Finance (Not Investing)
Topic: Bmo Harris $500 bonus
Replies: 7
Views: 1206

Bmo Harris $500 bonus

Anyone else get a flier for $500 bonus for opening checking and money market? The money market is $200 dollars for keeping 10k for 3 months. For checking 2 deposits of paycheck, SS or pension. I was wondering if an ach transfer from my Chase account would qualify? Any fees to watch out for?
by am
Sat Jul 02, 2016 4:06 pm
Forum: Investing - Theory, News & General
Topic: Fidelity lowers expense ratio of some index funds
Replies: 123
Views: 9398

Re: Fidelity lowers expense ratio of some index funds

How come vanguard hasn't updated lower fidelity expense ratios on log in page?
by am
Sat Jul 02, 2016 4:03 pm
Forum: Personal Consumer Issues
Topic: What do you spend your money on???
Replies: 149
Views: 13437

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

Travel, eating out, house improvements, kids camps.
by am
Sat Jul 02, 2016 3:53 pm
Forum: Personal Finance (Not Investing)
Topic: Money vs. Happiness
Replies: 94
Views: 11174

Re: Money vs. Happiness

As I get older (40s) I realize more and more that you have to make your current situation as good as possible. Tomorrow is not guaranteed and a lot of things can go wrong. You would still have more than enough somewhere you are happy, especially as you've found bogleheads.
by am
Thu Jun 30, 2016 9:44 pm
Forum: Investing - Theory, News & General
Topic: Netspend rate drop
Replies: 1
Views: 335

Re: Netspend rate drop

Insight visa x 2 for myself and spouse. Anything else worth doing out there?
by am
Wed Jun 29, 2016 9:21 pm
Forum: Personal Consumer Issues
Topic: Visiting Denver soon
Replies: 9
Views: 822

Visiting Denver soon

I will be visiting Denver soon with small kids for a week. Can someone please recommend sites to see and any restaurants they like? We would also like to take a road trip to Wyoming, We hate driving on mountain roads without rails, so would like to know if it is possible to avoid those? Thanks.
by am
Wed Jun 29, 2016 8:13 pm
Forum: Investing - Theory, News & General
Topic: T-Mobile free stock for customers
Replies: 24
Views: 3081

Re: T-Mobile free stock for customers

Went online to claim my stock but told me offer has expired. Was this a onetime gift?
by am
Tue Jun 28, 2016 8:27 pm
Forum: Investing - Help with Personal Investments
Topic: Switching to Fidelity's new Total International Index (includes small cap!)
Replies: 36
Views: 4089

Re: Switching to Fidelity's new Total International Index (includes small cap!)

I think Fidelity has a 3 month redemption fee for the Fsgdx/Fsgdx. Anyone know how to avoid it if switching to the new fund? How is the ER?
by am
Mon Jun 27, 2016 9:06 am
Forum: Personal Finance (Not Investing)
Topic: Question on tax savings on 457b
Replies: 4
Views: 251

Re: Question on tax savings on 457b

Wow good deal. 18k in contributions would cost me 11,385 in take home pay difference in my state at my fed. bracket. For AA2 rated employer, seems like it may be worth it to max it out? Not sure how much I can trust Moody's?
by am
Mon Jun 27, 2016 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Question on tax savings on 457b
Replies: 4
Views: 251

Re: Question on tax savings on 457b

So tax savings on a non gov 457b are federal marginal bracket + state?
by am
Mon Jun 27, 2016 8:22 am
Forum: Personal Finance (Not Investing)
Topic: Question on tax savings on 457b
Replies: 4
Views: 251

Question on tax savings on 457b

Is the pretax deduction for 457b federal + state + Medicare and ss? If so, than the tax savings for me would be close to 40% since I've exceeded SS max already. Thanks.
by am
Sun Jun 26, 2016 9:35 pm
Forum: Investing - Help with Personal Investments
Topic: non-gov 457b with A- credit rating?
Replies: 2
Views: 250

Re: non-gov 457b with A- credit rating?

I contribute to my non gov 457b aa rated employer with great investment options and distribution options to 20 yrs. Credit risk is negligible but I do not max it out. I try to place 10% or less of total annual savings into it each yr because that is what I feel comfortable with. At the 33% bracket i...
by am
Wed Jun 22, 2016 12:59 pm
Forum: Personal Finance (Not Investing)
Topic: Insight visa prepaid question
Replies: 1
Views: 217

Insight visa prepaid question

I am getting ready to set this up for the wife and me. I have not seen any articles on this like there are for Mango and netspend. Does it work like the netspend as far as avoiding inactivity fees? Are there any other things to watch out for? As far as I know, it is still 5% savings for 5k per socia...
by am
Tue Jun 14, 2016 4:48 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with my non-gov 457?
Replies: 15
Views: 889

Re: What to do with my non-gov 457?

I would spread out distributions over 20 yrs. There is practically no credit risk in your case and tax deferred growth will always beat taxable imvesting. You will come out ahead by keeping money in 457b.
by am
Mon Jun 06, 2016 6:22 am
Forum: Personal Finance (Not Investing)
Topic: Questions about FERS retirement
Replies: 3
Views: 583

Questions about FERS retirement

I am considering a government job. I know they increased the pension contributions to 4.4% every pay period. Is there a way to see the cash value of these contributions on a website? Is there an interest component that gets added? Can you get all your contributions back and rollover to an Ira if you...
by am
Tue May 31, 2016 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Any problems with netspend
Replies: 63
Views: 5737

Re: Any problems with netspend

I've got 10 of them and it really sucks!!! But the good new is that I will keep 1k in each account and still get 500 bucks at the end of the year. Hard to do better on 10k.

Can someone check if us old timers are grandfathered in to the 5% rate for the entire 5k? And also now what?
by am
Sat May 28, 2016 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: Any thoughts as to what makes good "retirement jobs"?
Replies: 21
Views: 2123

Re: Any thoughts as to what makes good "retirement jobs"?

Try to avoid the usual Doctor mistakes of the McMansion, vacation homes, >1 wife, "skilled" stock picker adviser, real estate and business investments outside of your comfort zone, etc. Than be a faithful boglehead with an MD income, relatively low expenses and maxing out retirement vehicl...
by am
Sat May 28, 2016 2:31 pm
Forum: Investing - Theory, News & General
Topic: WSJ article: Illinois pension fund adopting Boglehead philosophy
Replies: 19
Views: 2591

Re: WSJ article: Illinois pension fund adopting Boglehead philosophy

Since Illinois is funded 40%, what does that mean for those currently in the system? I have a pension from service years ago of about 2k promised at 62, and am wondering what the odds are of actually getting that? Should I take the value now and roll it over to an IRA? This is a very complex issue....
by am
Sat May 28, 2016 12:18 pm
Forum: Investing - Theory, News & General
Topic: WSJ article: Illinois pension fund adopting Boglehead philosophy
Replies: 19
Views: 2591

Re: WSJ article: Illinois pension fund adopting Boglehead philosophy

Since Illinois is funded 40%, what does that mean for those currently in the system? I have a pension from service years ago of about 2k promised at 62, and am wondering what the odds are of actually getting that? Should I take the value now and roll it over to an IRA? So far efforts to reduce the ...
by am
Fri May 27, 2016 11:49 am
Forum: Investing - Theory, News & General
Topic: WSJ article: Illinois pension fund adopting Boglehead philosophy
Replies: 19
Views: 2591

Re: WSJ article: Illinois pension fund adopting Boglehead philosophy

Since Illinois is funded 40%, what does that mean for those currently in the system? I have a pension from service years ago of about 2k promised at 62, and am wondering what the odds are of actually getting that? Should I take the value now and roll it over to an IRA? This is a very complex issue....
by am
Fri May 27, 2016 10:27 am
Forum: Personal Finance (Not Investing)
Topic: First Milestone
Replies: 11
Views: 1129

Re: First Milestone

Congrats, your way ahead of most people living in this country and setting yourself up for a great retirement.
by am
Fri May 27, 2016 10:23 am
Forum: Investing - Theory, News & General
Topic: WSJ article: Illinois pension fund adopting Boglehead philosophy
Replies: 19
Views: 2591

Re: WSJ article: Illinois pension fund adopting Boglehead philosophy

Since Illinois is funded 40%, what does that mean for those currently in the system? I have a pension from service years ago of about 2k promised at 62, and am wondering what the odds are of actually getting that? Should I take the value now and roll it over to an IRA?
by am
Tue May 24, 2016 10:06 pm
Forum: Personal Finance (Not Investing)
Topic: Deferred Comp: How long do you trust your company?
Replies: 49
Views: 4678

Re: Deferred Comp: How long do you trust your company?

I work for a nationally known academic hospital with high credit rating. I think the odds of insolvency are much lower than many other risks involved with investing. If I change jobs, I will take the entire payout at once, withhold taxes and "rollover" to taxable. Few downsides with tax s...
by am
Sun May 22, 2016 11:55 am
Forum: Personal Finance (Not Investing)
Topic: Exclusivity and Real Estate Agents. Agree or Disagree?
Replies: 58
Views: 3826

Re: Exclusivity and Real Estate Agents. Agree or Disagree?

Most buyers agents will want you to be exclusive with them. If you find someone you like then this shouldn't be an issue. I definitely agree that you do not want 1 agent representing the seller and buyer. Just use Redfin and save money. With the Internet and MLS available, agents offer little benef...

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