Search found 184 matches

by cbr shadow
Wed Nov 22, 2017 3:00 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA Contributions: Still make sense for us?
Replies: 10
Views: 588

Re: Roth IRA Contributions: Still make sense for us?

Much appreciated on the replies. This is what I was leaning towards, but you've assured me that my friend either didn't understand my situation or doesn't fully understand 401k vs RothIRA vs Taxable.
Thanks!
by cbr shadow
Wed Nov 22, 2017 1:50 pm
Forum: Investing - Theory, News & General
Topic: Roth IRA Contributions: Still make sense for us?
Replies: 10
Views: 588

Roth IRA Contributions: Still make sense for us?

My wife and I are both 34 yrs old and combined we gross about $250k/yr, and live in California. We save a lot, and hope to retire before age 50. Assuming our expenses are about $100k in retirement, does it make sense to contribute to a Roth IRA right now? We've always done it because we were told it...
by cbr shadow
Wed Nov 22, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Are these 401k Expenses High?
Replies: 10
Views: 741

Are these 401k Expenses High?

I work for a small company that has a 401k plan that I max out. They match 20% of whatever I put into it (not 100% upto 20% of salary). I invest into their lowest ER fund, which is a Vanguard S&P Index. There are other fees for the advising company, the custodian, etc. Below is a list of the fees th...
by cbr shadow
Wed Nov 15, 2017 2:43 pm
Forum: Personal Finance (Not Investing)
Topic: Fair way to split expenses?
Replies: 105
Views: 4501

Re: Fair way to split expenses?

My wife and I struggled with this issue when we first got married and started sharing money. She makes significantly more than I do. She'd shop and I'd resent that. I'd spend money on my hobbies and she'd resent that. We decided on some savings goals and then came up with budgets for "shopping" and ...
by cbr shadow
Thu Oct 26, 2017 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Let's talk about your FI # and family income [Financial Independence]
Replies: 183
Views: 20047

Re: Let's talk about your FI # and family income

I have found that FI numbers have very little to do with income and everything to do about expenses. Considering or comparing your FI goals to current income is wasteful at best and misleading at the worst. Seems to be the most popular response at bogleheads. OP: Hypothetical question POSTER 2: Tha...
by cbr shadow
Thu Oct 19, 2017 6:38 pm
Forum: Personal Consumer Issues
Topic: Visiting the Great Barrier Reef
Replies: 20
Views: 1391

Re: Visiting the Great Barrier Reef

I'm sorry to hear you didn't like it! I'm an American that lived in Australia for 2 years and the GBR was definitely the highlight of our time there. We liked it so much we decided to go back a second time before moving back to the US. In my opinion the best way to see the GBR is from a live-aboard ...
by cbr shadow
Wed Oct 04, 2017 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Similar to: Can I Afford it?
Replies: 8
Views: 1334

Re: Similar to: Can I Afford it?

There is a podcast called Better Off that roughly meets your criteria. The host is Jill Schlesinger. She has two 10 minute segments per week where she answers callers' questions about investing and personal finance. The callers don't often ask if they can buy a consumer product - it's more often qu...
by cbr shadow
Wed Oct 04, 2017 11:22 am
Forum: Personal Finance (Not Investing)
Topic: Similar to: Can I Afford it?
Replies: 8
Views: 1334

Re: Similar to: Can I Afford it?

PFInterest wrote:
Tue Oct 03, 2017 6:53 pm
no clue.
Then why post? I imagine you're trying to get your post count up? lol!
by cbr shadow
Tue Oct 03, 2017 6:28 pm
Forum: Personal Finance (Not Investing)
Topic: Similar to: Can I Afford it?
Replies: 8
Views: 1334

Similar to: Can I Afford it?

I dislike listening to Suze Orman in general, but I'm always intrigued by the "Can I afford it" portion where someone spills all of their financial details (debt, savings, investments etc) and then asks if they can afford to buy an item. Is there something similar out there in the form of a podcast?...
by cbr shadow
Wed Sep 13, 2017 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: How often do you put money in Vanguard
Replies: 55
Views: 4535

Re: How often do you put money in Vanguard

We contribute each month right at the beginning of the month. We like to keep $30k in our checking account so every month we take anything over that and contribute to our taxable accounts. I like doing this because it gives us a good view of how well we saved that month. If we go on a big vacation w...
by cbr shadow
Tue Sep 12, 2017 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: How much does my commute cost me?
Replies: 15
Views: 1962

How much does my commute cost me?

I work for a large tech company that has a shuttle service that I don't use. I'm wondering how much realistically I'm losing by not taking advantage of that free benefit. Relevant Information Currently: I purchased my 2012 Prius for $9,000 with 77k miles on it. I use this daily to/from work. My comm...
by cbr shadow
Thu Aug 31, 2017 3:21 pm
Forum: Personal Consumer Issues
Topic: I ran out of credit card signups bonus...
Replies: 75
Views: 7744

Re: I ran out of credit card signups bonus...

Leesbro63 wrote:
Thu Aug 31, 2017 3:07 pm
For Bogleheads with biggish investable assets, the brokerage bonus game yields a lot more bang for the work required.
Can you give an example? I'd like to look into this.
Also, how do you avoid "selling and rebuying" aka a taxable event when switching?
by cbr shadow
Thu Aug 31, 2017 12:02 pm
Forum: Personal Consumer Issues
Topic: I ran out of credit card signups bonus...
Replies: 75
Views: 7744

Re: I ran out of credit card signups bonus...

I think the common definition of "real business" (or not) would be whether the "business" filed some sort of tax return, even if only via a Schedule C, or even Schedule C-EZ, on someone's personal tax return. Otherwise any buy/sell/service activity is either merely incidental or it's part of the un...
by cbr shadow
Thu Aug 31, 2017 12:00 pm
Forum: Personal Consumer Issues
Topic: I ran out of credit card signups bonus...
Replies: 75
Views: 7744

Re: I ran out of credit card signups bonus...

Lots of people here have questions about applying for a business rewards card if you don't actually own a business. I did this just yesterday so I can probably clear up some confusion. Here's what I did: 1) Applied for Chase Ink Business card. - For TIN# I used my SS# - Chose "Sole Proprietor" - Per...
by cbr shadow
Wed Aug 02, 2017 6:56 pm
Forum: Personal Finance (Not Investing)
Topic: How far off are Zillow's estimates?
Replies: 82
Views: 8321

Re: How far off are Zillow's estimates?

I always kept a close eye on the Zillow estimate and figured it was close. Our house was in a Chicago suburb.
We recently sold and got within 3% of the zillow estimate. I consider that quite close!

Obviously not everywhere is going to be this close.
by cbr shadow
Tue Aug 01, 2017 5:35 pm
Forum: Personal Finance (Not Investing)
Topic: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"
Replies: 54
Views: 7525

Re: WSJ: "Sapphire Reserve Cards Aren’t Very Rewarding for J.P. Morgan"

I don't cut things close. I usually have an hour or two at the gate waiting for a flight. What I could not imagine doing is intentionally getting there early for the purpose of going to the lounge, which a poster above has suggested. I get there with an hour or two to spare, then wait at the gate. ...
by cbr shadow
Wed Jul 26, 2017 6:14 pm
Forum: Investing - Theory, News & General
Topic: Time, not material goods, 'raises happiness'
Replies: 38
Views: 4481

Re: Time, not material goods, 'raises happiness'

If anyone out there hasn't come up with a dollar value for your free time, I would encourage them to do so. How would one go about doing that? I wouldn't know where to start. Here is my example with various assumptions: - I value my life at $12m. - I have 40 years left to live: 20 healthy years and...
by cbr shadow
Fri Jul 07, 2017 11:55 am
Forum: Investing - Help with Personal Investments
Topic: Should I still buy index funds now at such a high price before an impending recession?
Replies: 59
Views: 8392

Re: Should I still buy index funds now at such a high price before an impending recession?

JonnyDVM wrote:Personally I think this is a troll. The name Summer2017 is most suspect. Regarldless, my advice for anyone thinking this would be four simple words- Read the Wiki.
Three simple words. ;-)
by cbr shadow
Wed Jul 05, 2017 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: Should I still buy index funds now at such a high price before an impending recession?
Replies: 59
Views: 8392

Re: Should I still buy index funds now at such a high price before an impending recession?

To answer your question very clearly; yes it's best to buy low and to sell high. You wont find Bogleheads selling all of their stocks right now though. Generally (as you can see from the above posts) bogleheads believe that nobody knows what's going to happen in the market, and that the market will ...
by cbr shadow
Mon Jul 03, 2017 4:05 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3639

Re: Help a 21 y/o Vangaurd Investor with a Taxable Account

Thanks for any help you can provide. I'm a 21 year old that graduated in 2016 that has had a full time job since September. I have had the advantage of living rent free, but will begin paying rent starting in September. I used that time to start investing. I set aside 10% of my salary for my employ...
by cbr shadow
Wed Jun 21, 2017 5:09 pm
Forum: Investing - Help with Personal Investments
Topic: Early retirement
Replies: 21
Views: 3793

Re: Early retirement

I agree with the previous advice that you should manage the asset allocation of your investments as a whole but that each individual account does not have to have the same AA. You are planning on accumulating enough assets in 10 years to support a 50 year retirement. Forget everything that you have...
by cbr shadow
Wed Jun 21, 2017 5:02 pm
Forum: Investing - Help with Personal Investments
Topic: Early retirement
Replies: 21
Views: 3793

Re: Early retirement

I agree with the previous advice that you should manage the asset allocation of your investments as a whole but that each individual account does not have to have the same AA. You are planning on accumulating enough assets in 10 years to support a 50 year retirement. Forget everything that you have...
by cbr shadow
Wed Jun 21, 2017 11:24 am
Forum: Personal Consumer Issues
Topic: Does geico provide a decent homeowners insurance?
Replies: 11
Views: 1644

Re: Does geico provide a decent homeowners insurance?

Agreed with the above. I'll add that GEICO was great to deal with for getting a quote and making a claim for our homeowners insurance policy. Ours was underwritten by Foremost. Geico's prices were less than the competition so we ended up going with them.
by cbr shadow
Thu Jun 15, 2017 11:34 am
Forum: Personal Finance (Not Investing)
Topic: Real Estate Prices, expecting over listing?
Replies: 8
Views: 1056

Real Estate Prices, expecting over listing?

I'm in sales and I am confused about real estate pricing. In basically every other type of sales if you put an item up for sale and you get TONS of interest right away and people throwing money at you for that item, you've almost certainly priced it too low. If you get offers ABOVE what you're askin...
by cbr shadow
Wed Jun 14, 2017 2:58 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Expenses out of line?
Replies: 16
Views: 766

Re: 401k Expenses out of line?

Wow. Those fees seem really high to me. I guess it really is a matter of how much of the fees the employer absorbs. My employers is roughly the same size, employees pay no adviser or administrative fees. Just the underlying fund fees. Lots of very low cost funds, and Brokerage window at Fidelity. E...
by cbr shadow
Wed Jun 14, 2017 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Expenses out of line?
Replies: 16
Views: 766

Re: 401k Expenses out of line?

Sure, it is still worth contributing at least to get the company match. Above the company match, you should contribute to your IRA(s). Once IRA's are maxed out, then it gets complicated whether you should take the tax benefits of 401k vs lower costs of brokerage account. The company matches 20% of ...
by cbr shadow
Wed Jun 14, 2017 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Expenses out of line?
Replies: 16
Views: 766

Re: 401k Expenses out of line?

Yes, I would say it's worth it to contribute to this plan, not only to get the match but also for the tax-advantaged space as you're in a high tax bracket. As mhalley has indicated, it doesn't look like your plan hits that 1.7% that makes it untenable to invest in it. Since your employer is a small...
by cbr shadow
Wed Jun 14, 2017 1:30 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Expenses out of line?
Replies: 16
Views: 766

Re: 401k Expenses out of line?

Is the advisor fee for everyone, it only for those that use the advisor? In any event, the wiki states that fees up to 1.7% make a 401k worthwhile at a 15% divixend tax bracket. ]A reasonable rule-of-thumb is to consider investing in a taxable account if the product of the extra costs and the numbe...
by cbr shadow
Wed Jun 14, 2017 12:44 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Expenses out of line?
Replies: 16
Views: 766

401k Expenses out of line?

I made a post a while ago about my 401k plan that I recently started participating in at the company I've been with for about a year. It's a small company of about 45 people. The 401k plan has a "Plan Adviser" (Savant), and a "Plan Custodian" (Newport Group). The adviser has been very unclear about ...
by cbr shadow
Thu Jun 08, 2017 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: How to deal with a personal finance cynic
Replies: 109
Views: 7436

Re: How to deal with a personal finance cynic

When I was first getting started with investing I probably would have felt the same way about Bogleheads as your friend does.. You read a lot of posts with huge incomes and it can be demotivating. I started with Mr Money Mustache, which in my opinion is very inviting to low income earners since it f...
by cbr shadow
Wed Jun 07, 2017 6:50 pm
Forum: Investing - Help with Personal Investments
Topic: Educate me on Ibonds
Replies: 6
Views: 1172

Educate me on Ibonds

I see often on these forums people talk about Ibonds. I don't have any.. should I? Based on some forum posts I've read there are limits to the amount you can buy each year. Correct? What accounts are best (401k, RothIRA, Taxable) to keep them in? How do you purchase them? Are there limits to how man...
by cbr shadow
Wed Jun 07, 2017 12:53 pm
Forum: Investing - Help with Personal Investments
Topic: Strange 401k Plan?
Replies: 4
Views: 588

Strange 401k Plan?

I've been at my company for about 10 months, and have been able to participate in the 401k plan for the last 4 months. The company matches 20% of whatever we contribute. The match seems odd (not a 1:1 match up to a percentage) but that's not what this post is about. We had the "401k Admin" (Savant I...
by cbr shadow
Mon Jun 05, 2017 12:00 pm
Forum: Personal Consumer Issues
Topic: Pimp my DW's ride.
Replies: 96
Views: 8187

Re: Pimp my DW's ride.

Have you considered a Honda Fit?


;-)
by cbr shadow
Mon May 22, 2017 5:10 pm
Forum: Personal Consumer Issues
Topic: What to do w/ $60k Lump Sum?
Replies: 33
Views: 2817

Re: What to do w/ $60k Lump Sum?

Isn't paying the mortgage balance down to below PMI levels equivalent of getting a nearly guaranteed 8.2% return? The PMI is $192/mo for 54 months or $10,400. Subtract out some administrative expenses. On $44K, that's 23.5% or 4.7% a year. Plus the 3.5% of the actual mortgage rate. That's 8.2%. Wha...
by cbr shadow
Mon May 22, 2017 12:06 pm
Forum: Personal Finance (Not Investing)
Topic: Galapagos Trip, Suggestions
Replies: 23
Views: 2574

Re: Galapagos Trip, Suggestions

Thanks for all of the tips so far!
As for our diving experience, we have 20 dives under our belt right now. Hopefully we can get 5 or so more while in Galapagos.
by cbr shadow
Sun May 21, 2017 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Galapagos Trip, Suggestions
Replies: 23
Views: 2574

Galapagos Trip, Suggestions

I posted here recently about a South Africa trip my wife and I were planning, but the general consensus was that our 10 day timeframe was not long enough for that trip after accounting for the travel time. We'll save that for next year when I have more available vacation time. Next on our list of pl...
by cbr shadow
Fri May 19, 2017 12:05 pm
Forum: Investing - Help with Personal Investments
Topic: Updates to our financial situation & a few questions..
Replies: 15
Views: 1460

Re: Updates to our financial situation & a few questions..

looks good. if you do DCA, what will you invest the rest of it while waiting? high-yield savings? you can use a target date account and adjust bond allocation. but if you are going to have so much VTSAX, why not just buy the components (US TSM, Total Int'l, Total Bond) and adjust the bond allocatio...
by cbr shadow
Fri May 19, 2017 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable Account dividend reinvestment setting?
Replies: 4
Views: 371

Taxable Account dividend reinvestment setting?

There was a reason when I setup my Vanguard taxable account that I did not allow for reinvesting dividends. Is there any reason to NOT reinvest dividends? I have almost 100% VTSAX in that taxable account and every quarter I notice I have money in the money market account just sitting there rather th...
by cbr shadow
Wed May 17, 2017 6:52 pm
Forum: Investing - Help with Personal Investments
Topic: Updates to our financial situation & a few questions..
Replies: 15
Views: 1460

Re: Updates to our financial situation & a few questions..

looks good. if you do DCA, what will you invest the rest of it while waiting? high-yield savings? you can use a target date account and adjust bond allocation. but if you are going to have so much VTSAX, why not just buy the components (US TSM, Total Int'l, Total Bond) and adjust the bond allocatio...
by cbr shadow
Wed May 17, 2017 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Updates to our financial situation & a few questions..
Replies: 15
Views: 1460

Re: Updates to our financial situation & a few questions..

Does your stock allocation include any international exposure? If so you may want to consider adding some VTIAX to taxable. Holding international stocks in taxable accounts is beneficial so that you can take advantage of the foreign tax credit (and can allow for tax loss harvesting due to fluctuati...
by cbr shadow
Wed May 17, 2017 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Updates to our financial situation & a few questions..
Replies: 15
Views: 1460

Re: Updates to our financial situation & a few questions..

Are you doing 95/5 because you do not have room for bonds in other accounts? At 33, 80/20 or 85/15 might be a better place to be. Since you are a CA resident, Vanguard has an Intermediate-Term California (and Federal) Tax-Exempt bond fund. I assume you are in the 28% or close to 33% federal tax bra...
by cbr shadow
Wed May 17, 2017 1:40 pm
Forum: Investing - Help with Personal Investments
Topic: Updates to our financial situation & a few questions..
Replies: 15
Views: 1460

Re: Updates to our financial situation & a few questions..

looks good. if you do DCA, what will you invest the rest of it while waiting? high-yield savings? you can use a target date account and adjust bond allocation. but if you are going to have so much VTSAX, why not just buy the components (US TSM, Total Int'l, Total Bond) and adjust the bond allocatio...
by cbr shadow
Wed May 17, 2017 12:46 pm
Forum: Investing - Help with Personal Investments
Topic: Updates to our financial situation & a few questions..
Replies: 15
Views: 1460

Updates to our financial situation & a few questions..

My wife and I are both 33 yrs old and work in the SF Bay Area. Her Salary: $135k base + Bonus (Bonues varies, minimum of $20k) His Salary: $82k Current Net Worth: ~$450k 401k Her: Max ($18k) 401k His: Max ($18k) Roth IRA Her: Max ($5.5k) Roth IRA His: Max ($5.5k) Taxable Vanguard Joint: Any extra, (...
by cbr shadow
Wed May 17, 2017 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: FIL's $100k Question
Replies: 5
Views: 826

FIL's $100k Question

I'm posting this question for my father-in-law. He's 70 year's old and retired with the exception of some contract work every once in a while. My MIL still works, but likely will retire in the next year or so. Between a modest pension, social security, and some modest savings (invested with a financ...
by cbr shadow
Thu May 11, 2017 6:29 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 20882

Re: Why save so much for when you're old?

I was thinking the same thing. +2. FWIW, my wife and I maxed out both our tax-deferred retirement accounts when we first married (4yrs ago) and our income was about half of $160k, and we had an infant and we aren't misers (well, she isn't). My SO and I work in the Bay Area and gross approx $190-$20...
by cbr shadow
Thu May 11, 2017 5:22 pm
Forum: Investing - Theory, News & General
Topic: Why save so much for when you're old?
Replies: 163
Views: 20882

Re: Why save so much for when you're old?

My wife and I only gross about 160k combined and yet we manage to dine out weekly, attend plenty of concerts and plays, travel relatively lavishly (annual two week trips to either the west coast and Europe while staying at well appointed Airbnb properties + a week at the beach + multiple long weeke...
by cbr shadow
Thu May 11, 2017 12:05 pm
Forum: Personal Consumer Issues
Topic: Trip to South Africa in November - Advice
Replies: 24
Views: 1959

Trip to South Africa in November - Advice

My wife has wanted to go to South Africa for a long time so we're finally going to do it in November. We have lots of Chase Ultimate Rewards points that we'll be using to get there. I'd like Bogleheads advice on every aspect of the trip: What to do, where to go, must do's, things to avoid, etc.. We'...
by cbr shadow
Tue May 09, 2017 6:09 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 248
Views: 30497

Re: Where to Live on $60K or Less a Year?

Based on the comments given, and our first-impression thoughts of a location (for example, regardless of how wonderful somewhere in Washington State or upstate New York might be, it is simply too far away from my wife's family for her to consider living there).... Realize that you've added another ...
by cbr shadow
Wed May 03, 2017 4:14 pm
Forum: Personal Finance (Not Investing)
Topic: Finding the best savings account
Replies: 7
Views: 944

Finding the best savings account

I currently only have a checking account for cash, and would like a "high interest" savings account. What's currently the best high interest savings account available? If you can't provide a specific one, what percentage APR should I look for? If it matters I'm located in San Francisco, CA. Thanks, ...
by cbr shadow
Fri Apr 28, 2017 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Joint Taxable Account: Confirming Bank?
Replies: 3
Views: 687

Vanguard Joint Taxable Account: Confirming Bank?

My wife and I have a joint taxable account at Vanguard. We've funded this account through Vanguard when we opened it. Today I tried to add funds to that account from our joint checking account, but I'm getting the error: Bank account needs authorization This bank account needs to be authorized by on...