Search found 2316 matches

by cherijoh
Mon Feb 08, 2016 7:16 am
Forum: Investing - Help with Personal Investments
Topic: is it realistic for me to retire in 15 years?
Replies: 22
Views: 2249

Re: is it realistic for me to retire in 15 years?

I think it will depend on.....many things! What will your expenses be? Will you end up with family to support? In your favor, you are a great saver and have accumulated a nice nest egg already that you are adding too, plus you have the rental properties that will be paid off before social security ...
by cherijoh
Sun Feb 07, 2016 12:15 pm
Forum: Investing - Help with Personal Investments
Topic: Overwhelmed - Asset Allocation Questions Between 401K, Roth IRA, and Taxable Accounts
Replies: 44
Views: 2153

Re: Overwhelmed - Asset Allocation Questions Between 401K, Roth IRA, and Taxable Accounts

You could just hold the 3-fund portfolio in the Roth accounts and set the asset allocation there. Employees should ask HR for some lower ER funds in the 401K, particularly lower fee bond funds. An ER over 1% on an investment grade bond fund currently is giving about half the income from the fund po...
by cherijoh
Sun Feb 07, 2016 12:08 pm
Forum: Investing - Help with Personal Investments
Topic: Overwhelmed - Asset Allocation Questions Between 401K, Roth IRA, and Taxable Accounts
Replies: 44
Views: 2153

Re: Overwhelmed - Asset Allocation Questions Between 401K, Roth IRA, and Taxable Accounts

I think you are headed off in the wrong direction. The way to design a portfolio is to pick the best fund or two from your most restrictive account. That's your (admittedly poor) 401k. Then build the portfolio around that using IRAs and taxable. However, you should not be putting money for retireme...
by cherijoh
Sun Feb 07, 2016 11:18 am
Forum: Investing - Theory, News & General
Topic: [Vanguard Brokerage Services] 1099Bs Issued at the End of Feb
Replies: 25
Views: 1576

Re: [Vanguard Brokerage Services] 1099Bs Issued at the End of Feb

My understanding that the IRS deadline for issuing 1099s is February 16, 2016 (February 15th is a holiday) This is different (earlier) then the end of the month. It is always possible that a corrected 1099 is issued after the cutoff but only if the circumstances warrant. I believe the individual fu...
by cherijoh
Sun Feb 07, 2016 11:03 am
Forum: Investing - Theory, News & General
Topic: [Vanguard Brokerage Services] 1099Bs Issued at the End of Feb
Replies: 25
Views: 1576

Re: [Vanguard Brokerage Services] 1099Bs Issued at the End of Feb

Mid-to-late Feb. is pretty typical for brokerage accounts. I think Schwab is saying 2/26. I believe Fidelity is saying 2/15. The problem with earlier is that brokerages then end up issuing revisions because they get corrections from the dividend payers. Yeah, that happened to me a few years ago. Fo...
by cherijoh
Sun Feb 07, 2016 10:34 am
Forum: Investing - Theory, News & General
Topic: Otar Retirement Myth - overfitting, methods flaw
Replies: 8
Views: 826

Re: Otar Retirement Myth - overfitting, methods flaw

I am almost through with Otar's 'The Retirement Myth.' ***First, I have to say that I am a big fan of his work... the model he constructs to protect against worst case scenarios & prioritize the effects of different factors on a retirement/distribution portfolio is a HUGE contribution. His obse...
by cherijoh
Sun Feb 07, 2016 10:08 am
Forum: Investing - Help with Personal Investments
Topic: Pension options vs. Term Life policy
Replies: 13
Views: 816

Re: Pension options vs. Term Life policy

How old is your beneficiary. and does the survivor option on the pension adjust for this? By taking the survivor annuity, you are effectively buying life insurance on yourself with the reduced payment, rather than applying separately. I would guess that, in an average situation, you would expect to...
by cherijoh
Sun Feb 07, 2016 9:48 am
Forum: Personal Finance (Not Investing)
Topic: (Another) Roth Conversion Question
Replies: 13
Views: 720

Re: (Another) Roth Conversion Question

Many folks are horrified to find out that RMDs at a later age will push them into higher tax brackets than 25%. If you use tax software, I think you will find that any income from a Roth conversion, interest, short-term capital gains or non-qualified dividends will actually be taxed at 30% when you...
by cherijoh
Sat Feb 06, 2016 2:49 pm
Forum: Investing - Theory, News & General
Topic: Impact of Obamacare on investment decisions
Replies: 57
Views: 2797

Re: Impact of Obamacare on investment decisions

I am in my early 60s and have considerable capital gains (100% plus) on equities in a taxable account dating back many years. I do not want to sell these equities until I am eligible for Medicare because of concerns that the capital gains will make me ineligible for Obamacare. The loss of affordabl...
by cherijoh
Sat Feb 06, 2016 2:33 pm
Forum: Personal Consumer Issues
Topic: Airllne carry on luggage size: recommendations?
Replies: 24
Views: 1797

Re: Airllne carry on luggage size: recommendations?

Personally, I like some of the expandable Eagle Creek bags. That way you can carry-on, but have the option of checking the bag on the way home if you buy a bunch of stuff. They also have a good international option. Ebags carries Eagle Creek and it can also be found at the Container store. They hav...
by cherijoh
Sat Feb 06, 2016 1:24 pm
Forum: Personal Consumer Issues
Topic: Airllne carry on luggage size: recommendations?
Replies: 24
Views: 1797

Re: Airllne carry on luggage size: recommendations?

we bought Samsung luggage over holidays that advertised as 21". On flight from US to UK, BA had no issues with it. On flight from UK to Asia, the gate rep said that with the handle (a leather one), it is more than 21" and hence checked it to final destination. I now dont even know which i...
by cherijoh
Sat Feb 06, 2016 12:37 pm
Forum: Investing - Theory, News & General
Topic: The Gravy Train Departed?
Replies: 57
Views: 5853

Re: The Gravy Train Departed?

It is what it is. Here is a little pdf to get you started: https://www.etf.com/docs/IfYouCan.pdf That would be helpful if I was a millennial. Classifying anyone born in the 80's as a millennial is wrong and degrading. I refuse to be compared to the generation of today. I was chased around my house ...
by cherijoh
Sat Feb 06, 2016 7:02 am
Forum: Personal Finance (Not Investing)
Topic: Flagship Investor with 700 credit score ?
Replies: 31
Views: 3695

Re: Flagship Investor with 700 credit score ?

I have not borrowed money in years and pay cc off in full each month. Long time AMEX user it seems they only report pays as needed. The idea of borrowing money I do not need or getting more cc would not be my first choice to raise credit score. I have no debt, pay off my cashback credit card in ful...
by cherijoh
Fri Feb 05, 2016 6:15 pm
Forum: Personal Consumer Issues
Topic: Anyone travel without hacking?
Replies: 55
Views: 4430

Re: Anyone travel without hacking?

I have a trip coming up to Europe in June and trying to decide if I want to try another card, ideally I'd like a MC/Visa, no FTF, no annual membership, with rewards . . . unfortunately that card doesn't exit. Oh well You apparently haven't looked very hard. There are several credit cards that offer...
by cherijoh
Fri Feb 05, 2016 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: 45% of Income On Rent
Replies: 39
Views: 2643

Re: 45% of Income On Rent

Heres the kicker on the 1BR, they are averaging right now 200 cheaper than the 2BR's. I can't help but think to myself, is it even worth it. I leased my current 2BR during a lull in market prices. IMO you are anchoring on your current rent and $200/mo. doesn't look like that much in comparison. But...
by cherijoh
Fri Feb 05, 2016 5:20 pm
Forum: Personal Consumer Issues
Topic: Advice for parents with Perfectionist Child?
Replies: 48
Views: 3346

Re: Advice for parents with Perfectionist Child?

I have been thinking about this a lot because my 6 year old daughter is the same way. I heard about kids having a nervous breakdown because they fail or went to college and realize they are not the smartest one. We do things that I know she won't be good at right away. Sports and video games. I kno...
by cherijoh
Fri Feb 05, 2016 8:40 am
Forum: Personal Finance (Not Investing)
Topic: 45% of Income On Rent
Replies: 39
Views: 2643

Re: 45% of Income On Rent

Excuse my arrogance but I can afford it, which is clearly stated in my original post. While you may be able to afford it, you clearly are uncomfortable with your current situation otherwise you wouldn't be exploring other options and posting here. I'm still having sticker shock over $1820/mo on ren...
by cherijoh
Fri Feb 05, 2016 7:15 am
Forum: Personal Finance (Not Investing)
Topic: Tax rate on IRA withdrawal when on Social Security
Replies: 28
Views: 2014

Re: Tax rate on IRA withdrawal when on Social Security

I have looked at the links and other places and sure enough, it's well explained and its out there. I am still stunned that I never had a clue. Still no one to blame but me, but I just wonder that it's not mentioned directly in a lot of places. I think there are two primary reasons that it isn't di...
by cherijoh
Thu Feb 04, 2016 8:20 pm
Forum: Personal Consumer Issues
Topic: The Coming Boglehead Zombie Apocalypse (LED bulbs)
Replies: 89
Views: 6345

Re: The Coming Boglehead Zombie Apocalypse (LED bulbs)

Being a Boglehead, I bought the cheapest LED light bulbs and installed them in our master bath over the mirror over the double sink. I now look like the walking dead. My wife (unaware of the changed bulbs) started putting on more make-up like she was prepping for her viewing at a funeral parlor. I ...
by cherijoh
Wed Feb 03, 2016 10:29 am
Forum: Investing - Help with Personal Investments
Topic: Clueless college new grad 22 yo, 200k income looking to start saving
Replies: 143
Views: 11096

Re: Clueless college new grad 22 yo, 200k income looking to start saving

My goal within the year is to save up 40k or so for wedding costs (ring, gown, honeymoon) and I hope to save 150k+ for a down payment within the next three years or so. My fiancee will not be contributing anything to this plan as she keeps her finances separate. Your fiancée keeps her finances sepa...
by cherijoh
Wed Feb 03, 2016 8:58 am
Forum: Personal Consumer Issues
Topic: Alternative to Briggs & Riley Luggage
Replies: 33
Views: 2135

Re: Alternative to Briggs & Riley Luggage

I'm in need of new luggage for professional purposes. Is there a suitable alternative to Briggs & Riley? Their reputation for quality is well known, but the prices are eye-popping. I need a carry-on bag that is laptop friendly, professional looking, has at least two wheels, and a handle that ex...
by cherijoh
Mon Feb 01, 2016 10:15 am
Forum: Personal Finance (Not Investing)
Topic: Retirement - Ten key years + Summary
Replies: 64
Views: 10154

Re: Retirement - Ten key years

Here's one to include on the pre-retirement list that I don't think has been mentioned: Read the fine print in your employer's benefit plan document: ⋅  Does your plan allow you to roll money into the 401k plan? ⋅  It may make sense to consolidate old plans into your current plan...
by cherijoh
Sun Jan 31, 2016 4:08 pm
Forum: Personal Finance (Not Investing)
Topic: Public school or private school (with school data)
Replies: 87
Views: 4642

Re: Public school or private school (with school data)

Spending per student and teacher pay at our district is among the top districts in the state. The district high school is in the top 3-4% in the state based on the US News/Newsweek best high schools ranking. Both kids are in the gifted program at the school and seem to be doing well based on the as...
by cherijoh
Sun Jan 31, 2016 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: My life changed - Should I Refinance Now?
Replies: 14
Views: 2437

Re: My life changed - Should I Refinance Now?

Wow, awesome. That is very helpful. I will do this calculation for sure. Thank you. Without doing the calculation and just thinking through the logic I am thinking that the cash out refi is probably not the way to go when it comes to the remodel. What about this variable: What if I took $62K out an...
by cherijoh
Sun Jan 31, 2016 1:23 pm
Forum: Personal Finance (Not Investing)
Topic: My life changed - Should I Refinance Now?
Replies: 14
Views: 2437

Re: My life changed - Should I Refinance Now?

My relevant financial situation Personal: Age 32. Married. Wife stays home with two young kids; third baby coming in May. ... Debt: No car or CC debt. Mortgage = Owe $182K at 2.58%. Total payment each month is $1100. Student loans = $62,000 at 3.25%. Currently paying $2000/month which will pay it o...
by cherijoh
Sun Jan 31, 2016 12:39 pm
Forum: Investing - Theory, News & General
Topic: Does net worth and age determine % bond allocation?
Replies: 52
Views: 5166

Re: Does net worth and age determine % bond allocation?

I am wondering if indeed age (retirement date) should be the main driver of the % bond allocation or if net worth at a given age also has an impact: Would e.g. a 30 y.o. with a net worth of 100k and 90% stocks/10% bonds change his allocation if he received a windfall? If so how would you recommend ...
by cherijoh
Sun Jan 31, 2016 12:18 pm
Forum: Personal Finance (Not Investing)
Topic: I just paid off $145,000 in student loans in 2.5 years
Replies: 20
Views: 1649

Re: I just paid off $145,000 in student loans in 2.5 years

Congratulations on the accomplishment -- although I'll echo the above that credit goes to both you and your wife. For what it's worth, I think you made the right choice funding the 401(k) as well as repaying the debt. You might have paid it sooner, but you can't put 2015's limit into retirement sav...
by cherijoh
Sun Jan 31, 2016 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: How does expense ratio work?
Replies: 16
Views: 1511

Re: How does expense ratio work?

I'm planning on trading ETFs every month on my Vanguard account because it's free. Now I'm wondering how expense ratios affect my return. Is the ETF price slightly lowered everyday compared to the NAV? How does Vanguard actually take money away from me? Thanks for your help. Why are you choosing th...
by cherijoh
Sun Jan 31, 2016 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Unsecured personal line of credit as emergency fund?
Replies: 36
Views: 1179

Re: Unsecured personal line of credit as emergency fund?

The only financial emergency I've ever had was when I did total my car, I was probably 23 at the time. Had a Wells Fargo checking account. Had a Vanguard savings account. My dad drove out to help me buy a replacement car. We looked and looked and then found the best one that we could. (Renting a ca...
by cherijoh
Sun Jan 31, 2016 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Unsecured personal line of credit as emergency fund?
Replies: 36
Views: 1179

Re: Unsecured personal line of credit as emergency fund?

What if interest paid on the personal line of credit is tax deductible? I already have a credit card from my local credit union with a 9.9% interest rate on purchases and cash advances. They also offer a PLC at 12.9% and the credit limit would be combined with the credit card. The maximum credit li...
by cherijoh
Sun Jan 31, 2016 10:51 am
Forum: Personal Finance (Not Investing)
Topic: Unsecured personal line of credit as emergency fund?
Replies: 36
Views: 1179

Re: Unsecured personal line of credit as emergency fund?

... in that it would work well for some types of emergencies -- like needing a major home or car repair. Every major home repair or car repair of mine took a few days to get done, so I would've had time to round up the money if I had not used credit cards. I have various layers of emergency funds a...
by cherijoh
Sun Jan 31, 2016 10:39 am
Forum: Personal Finance (Not Investing)
Topic: Unsecured personal line of credit as emergency fund?
Replies: 36
Views: 1179

Re: Unsecured personal line of credit as emergency fund?

Everybody wishes that they didn't have to have an emergency fund. It's a real PITA. It's dumb. It's unsophisticated. For that reason, you need to be very careful about kidding yourself. It's very tempting to think you've found some way to have an emergency fund that doesn't interfere with keeping e...
by cherijoh
Sun Jan 31, 2016 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Unsecured personal line of credit as emergency fund?
Replies: 36
Views: 1179

Re: Unsecured personal line of credit as emergency fund?

What happens if part of the emergency is the bank withdrawing your ability to get the loan? I'm old fashioned and just keep my emergency fund in a savings account that can be liquidated in minutes if necessary. I also like the fact that I don't have to pay anyone interest should I need to use it wh...
by cherijoh
Sun Jan 31, 2016 9:35 am
Forum: Personal Finance (Not Investing)
Topic: Two spenders and buying a house
Replies: 43
Views: 3813

Re: Two spenders and buying a house

My first thought when reading the op was, "How could you fit 5 bedrooms and 3 baths in just 2800 sq ft???". I don't know why people think this is a large house. I guess I am spoiled. It does sound like you are spoiled. :wink: I grew up in an 1800 sq. ft. house with 3BR/2BA. It included a ...
by cherijoh
Sun Jan 31, 2016 9:17 am
Forum: Personal Consumer Issues
Topic: [Eating] Fish
Replies: 119
Views: 11583

Re: [Eating] Fish

I am NO general expert on kids, but with food issues, sometimes it is what you call something that makes the most difference to kids. Many years ago, when our son was very young, we would have liver (I think beef) from time to time. Our son would turn up his nose and refuse to eat it. "Liver -...
by cherijoh
Sun Jan 31, 2016 9:06 am
Forum: Personal Finance (Not Investing)
Topic: I got let go yesterday
Replies: 40
Views: 6248

Re: I got let go yesterday

Any organization bigger than a small village--say, bigger than 200 people--is subject to whims and caprices and internal politics at the top level. Very seriously, it may not be a reflection on either your competence or even anyone's perception of your competence. I work for a Megacorp and capricio...
by cherijoh
Sun Jan 31, 2016 8:32 am
Forum: Investing - Help with Personal Investments
Topic: Should my Roth contain 100% stocks?
Replies: 32
Views: 3017

Re: Should my Roth contain 100% stocks?

I've recently decided on an 80/20 asset allocation. (80% stocks 20% bonds). Age: 36 My Roth IRA now looks like this: 20% invested in AGG (bond index) 80% invested in SPY (stock index) ... I assume if it *did* make sense for Roth contributions to be 100% stocks then I would have to balance the bonds...
by cherijoh
Sat Jan 30, 2016 11:04 am
Forum: Personal Finance (Not Investing)
Topic: I got let go yesterday
Replies: 40
Views: 6248

Re: I got let go yesterday

Anyway I have a question to bogleheaders out there that have been kind enough to read this: has anyone been in this industry and made a career change? I feel as though I am pretty pigeon-holed and don't have many options... anyone know what else is out there for me to do? I enjoyed working with peo...
by cherijoh
Sat Jan 30, 2016 9:15 am
Forum: Investing - Help with Personal Investments
Topic: capital one 360
Replies: 14
Views: 2385

Re: capital one 360

It looks like Capital One has revived their bonus offer for their online savings account. Current regular rate is 0.75%. The bonus is tiered: ⋅  $50K+ --> $500 bonus ⋅  $40K+ --> $400 bonus ⋅  $30K+ --> $300 bonus ⋅  $20K+ --> $200 bonus ⋅  $10K+ -->...
by cherijoh
Sat Jan 30, 2016 8:55 am
Forum: Investing - Help with Personal Investments
Topic: Making sense of my wife's 401(k)
Replies: 5
Views: 379

Re: Making sense of my wife's 401(k)

According to the cut sheets provided for these funds, they are all Blackrock funds, so I checked Blackrock's web site, and apparently they have never heard of any of these tickers either. I was just wondering if this is common (for such plans to use what seems to be invented private ticker symbols ...
by cherijoh
Sat Jan 30, 2016 8:31 am
Forum: Investing - Help with Personal Investments
Topic: Consolidating multiple funds into one broad index fund
Replies: 12
Views: 822

Re: Consolidating multiple funds into one broad index fund

Yes, taxable account. I waited long enough that when I sell these, it's in long-term capital gain territory, but everything is actually in the negatives right now. If I sell now, it would be a capital loss for tax-loss harvesting, but for 2016 only, right? I should have done this a month ago so it ...
by cherijoh
Sat Jan 30, 2016 8:20 am
Forum: Personal Consumer Issues
Topic: Printer suggestions?
Replies: 24
Views: 1610

Re: Printer suggestions?

My experience is all with home printers, so I can't recommend a specific printer. But here are some additional considerations: ⋅  Are you using the proper paper for your printer type? ( inkjet or laser vs. multi-purpose) ⋅  Does your printer have multiple settings that trade off ...
by cherijoh
Sat Jan 30, 2016 7:45 am
Forum: Investing - Theory, News & General
Topic: Is having a Target Fund just park of a 2, 3 Portfolio a bad idea?
Replies: 19
Views: 1290

Re: Is having a Target Fund just park of a 2, 3 Portfolio a bad idea?

You keep asking if it is okay, but you haven't given us a reason why you want to do this. If you tell us your goal(s) in this decision then perhaps we can respond to your underlying interests, rather than only respond to your narrow question (responses so far seem to largely be: "Why bother?&q...
by cherijoh
Fri Jan 29, 2016 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you start maxing out your retirement contributions?
Replies: 63
Views: 4326

Re: What age did you start maxing out your retirement contributions?

In the early 1980's when the limit of IRA contributions was $2,000 is back when I started maxing out retirement contributions. Limitations were low enough that maxing at 10% of salary was possible. Limits increased slowly, but even so, many companies had a 15% limit to contribute to the employer-sp...
by cherijoh
Fri Jan 29, 2016 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: What age did you start maxing out your retirement contributions?
Replies: 63
Views: 4326

Re: What age did you start maxing out your retirement contributions?

Late 20s, when the limit was $2000 per year (think 80's) to an IRA. In later years we did not max out them. Paying off the house, and paying for offspring's college expenses out of cash was a conscious decision. Since I retired the last year of college expenses its worked out great. I have more or ...
by cherijoh
Fri Jan 29, 2016 8:05 pm
Forum: Investing - Help with Personal Investments
Topic: 401k Contribution - upto the match or more?
Replies: 21
Views: 1398

Re: 401k Contribution - upto the match or more?

The match is your greatest return on investment (100%), so you absolutely want to make sure you get it every month. Spread out your contributions accordingly throughout the year. I agree with the principle, but remember that not every company matches monthly. Mine waits until the last possible seco...
by cherijoh
Fri Jan 29, 2016 7:56 pm
Forum: Personal Finance (Not Investing)
Topic: Did the bears eat my retirement? - Sequence of Returns Risk
Replies: 70
Views: 5911

Re: Did the bears eat my retirement? - Sequence of Returns Risk

Wade Pfau (a well respected financial researcher) concluded in some recent studies that a couple years prior to and after retirement were critical to a successful withdrawal strategy. Accordingly, he advised being a little more conservative during that time period because for many people that would...
by cherijoh
Thu Jan 28, 2016 8:01 am
Forum: Personal Consumer Issues
Topic: Dinner Ideas
Replies: 57
Views: 4640

Re: Dinner Ideas

Since we're Bogleheads and don't eat out every night, what are some easy dinner options you enjoy? I'm always on the lookout for something new, cheap and easy to cook! Ironically, most Bogleheads do not use a Boglehead approach to food, as evidenced by this and other food related threads. Boglehead...
by cherijoh
Thu Jan 28, 2016 7:59 am
Forum: Personal Consumer Issues
Topic: Dinner Ideas
Replies: 57
Views: 4640

Re: Dinner Ideas

A go to one I use when out of ideas is bbq shredded chicken. 3 pounds of chicken breast in a crock pot with a bottle of BBQ sauce of your choice. Cook for 3ish hours and shred the chicken. Great for sandwiches, on a salad or just by itself with some potatoes or a veggie. +1. This is one of my go-to...
by cherijoh
Thu Jan 28, 2016 7:29 am
Forum: Investing - Help with Personal Investments
Topic: Eating money eating out! Going on a 401k diet. Help!
Replies: 27
Views: 2881

Re: Eating money eating out! Going on a 401k diet. Help!

Q1) My 401k: https://hellomoney.co/portfolio/0c0077-my-401k-portfolio. I just have one target retirement fund, and I’m thinking maybe it’s expensive. I’d like to choose cheaper funds with better returns. What’s the right balance of returns and expenses? I see you have some Fidelity Spartan funds am...

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