Search found 312 matches

by chevca
Mon Oct 23, 2017 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with old 401K
Replies: 15
Views: 992

Re: What to do with old 401K

I'd say you could do it with $30k in the account. A few thousand in penalties and roughly $7k in taxes isn't crushing and you still have $20k converting to the Roth. That said, I would leave it in a Traditional IRA. Why pay penalties when you don't have to? And, I think Traditional leaves you with m...
by chevca
Mon Oct 23, 2017 11:22 am
Forum: Personal Consumer Issues
Topic: Favorite HIIT Workouts
Replies: 12
Views: 636

Re: Favorite HIIT Workouts

Doing a Tabata type jump rope workout is a good one. 20 seconds on, 10 seconds rest, and repeat as long as you want. I like 5 minutes for a nice warm up, or 10 to 15 minutes for a good workout. You can control how tough you make it with the pace of jumping the rope... slow and steady, or fast and fu...
by chevca
Mon Oct 23, 2017 11:18 am
Forum: Investing - Help with Personal Investments
Topic: What to do with old 401K
Replies: 15
Views: 992

Re: What to do with old 401K

With fees in the .85-1.7% range, I'd also vote to move it to a Traditional IRA. It wouldn't kill you on $30k to pay those fees. But, why pay that when you can pay fees in the .10% range?
by chevca
Mon Oct 23, 2017 11:06 am
Forum: Investing - Theory, News & General
Topic: Emergency Fund Allocation Nuance
Replies: 6
Views: 252

Re: Emergency Fund Allocation Nuance

I count it separate, just as a savings account.

If I were to add up my net worth, I'd count it in that. If I look at my 60/40 investment portfolio, I don't count the EF in that.
by chevca
Sun Oct 22, 2017 12:29 pm
Forum: Personal Finance (Not Investing)
Topic: Better to sell house ~ every 15 years?
Replies: 50
Views: 6925

Re: Better to sell house ~ every 15 years?

I think a big part of it is personal too. How much does one love their home? If it's a dream home and dream location, I'd think it's worth it to repair and upgrade some of these things and choose what materials and looks one wants on their forever home. If a home is just a roof over their head, mayb...
by chevca
Sun Oct 22, 2017 12:15 pm
Forum: Personal Finance (Not Investing)
Topic: Better to sell house ~ every 15 years?
Replies: 50
Views: 6925

Re: Better to sell house ~ every 15 years?

I will point out something I don't think was originally, you are restarting the mortgage clock. Basically taking all the equity out to get "new" so unless after 15 years you can afford to sell and buy and put the equity down AND only get a 15 year mortgage and the next time pay cash plus the 8% "ta...
by chevca
Sun Oct 22, 2017 12:09 pm
Forum: Personal Consumer Issues
Topic: Bought the new car, old car has issues driving off lot
Replies: 14
Views: 1369

Re: Bought the new car, old car has issues driving off lot

So, if the plan was to keep it for the brother to use, did the dealership even take the keys to take a look at it?

I would think not, right? What is your question, or premise of how this could be anything other than coincidence?
by chevca
Sat Oct 21, 2017 12:32 pm
Forum: Investing - Help with Personal Investments
Topic: Keeping 6 months EF, what to do with rest?
Replies: 11
Views: 775

Re: Keeping 6 months EF, what to do with rest?

Going by your screen name, I'd say throw the extra at the mortgage. :happy In my EF account ( 5 months) which I want to keep separately I am thinking 50% total stock market fund and 50% CD. What do you guys think? In my view, that looks to me like you'd be comfortable with a 3 month EF and just inve...
by chevca
Fri Oct 20, 2017 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: Sold rental prop + purchased new rental prop - tax ques.
Replies: 7
Views: 485

Re: Sold rental prop + purchased new rental prop - tax ques.

I'm not exactly sure on that either. Just wanted to get that out there for others that might give advice, or be more knowledgeable on this. It sounds like separate events then. If there was a loss on the prior rental, that may be the better way to handle it anyway? I'm not for certain on that though.
by chevca
Fri Oct 20, 2017 11:57 am
Forum: Investing - Theory, News & General
Topic: "Using Jack Bogle's own words against him when it comes to international investing"
Replies: 30
Views: 3650

Re: "Using Jack Bogle's own words against him when it comes to international investing"

Yes I chose a source that was more convenient for the point I was making rather than the point you were making. My source backs my point, so I don't quite see the relevance of your other source. Anyway, the claim was no one could find an instance of his contradicting himself -- and that I was able ...
by chevca
Fri Oct 20, 2017 11:48 am
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 4816

Re: I have to fire someone that I care about personally

It's hard to explain if you've never performed on stage, but certain people either have "it" or they don't. Great performers can own the stage and the room, the whole damn building, and they make people feel good when they sing. Our lead male vocalist is like that. Our lead female that we're lookin...
by chevca
Fri Oct 20, 2017 11:40 am
Forum: Personal Finance (Not Investing)
Topic: I have to fire someone that I care about personally
Replies: 83
Views: 4816

Re: I have to fire someone that I care about personally

We play cover songs that other people wrote, smile put on a good show that makes people have fun and feel good, and make piles of money doing it. We help people dance at weddings, and help corporate companies have fun Christmas parties and ribbon cutting ceremonies. Simple as that. When I've been a...
by chevca
Fri Oct 20, 2017 11:20 am
Forum: Investing - Theory, News & General
Topic: "Using Jack Bogle's own words against him when it comes to international investing"
Replies: 30
Views: 3650

Re: "Using Jack Bogle's own words against him when it comes to international investing"

Yes I chose a source that was more convenient for the point I was making rather than the point you were making. My source backs my point, so I don't quite see the relevance of your other source. Anyway, the claim was no one could find an instance of his contradicting himself -- and that I was able ...
by chevca
Wed Oct 18, 2017 2:48 pm
Forum: Investing - Help with Personal Investments
Topic: Making a Roth IRA for my Dad
Replies: 31
Views: 1366

Re: Making a Roth IRA for my Dad

I believe it is possible to move the taxable account...

https://investor.vanguard.com/account-t ... -questions

I would have dad call Vanguard, tell them what he wants to do, and they will walk him through it and likely handle much of it themselves.
by chevca
Tue Oct 17, 2017 1:13 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with old 401K
Replies: 15
Views: 992

Re: What to do with old 401K

Is leaving it where it is an option. If you have good fund choices and low costs there, it may be fine to just leave it be. Someday in the future you may have a different employer that offers a 401k, or the current employer offers one someday. You could roll it over then. If you don't want to leave ...
by chevca
Tue Oct 17, 2017 1:05 pm
Forum: Investing - Help with Personal Investments
Topic: Excess cash for car fund - Would you invest?
Replies: 12
Views: 556

Re: Excess cash for car fund - Would you invest?

I'd leave it where it's at. No need to invest this money, IMO.
by chevca
Mon Oct 16, 2017 4:06 pm
Forum: Personal Finance (Not Investing)
Topic: Bonus pushed back - should I be annoyed?
Replies: 43
Views: 3160

Re: Bonus pushed back - should I be annoyed?

I will simply answer your question with a question.... Should you be annoyed? Will it do any good to be annoyed by this?....

If not, just let it go. :beer
by chevca
Mon Oct 16, 2017 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Making a Roth IRA for my Dad
Replies: 31
Views: 1366

Re: Making a Roth IRA for my Dad

Yup this is exactly what I'm trying to do. I was under the impression you could open a Roth IRA with any amount you want, and that you were just limited to the contribution in the subsequent years ($5,500/6,500) but I'm not sure. Does anyone know this? Yes, 99% of us here know for sure your "impres...
by chevca
Mon Oct 16, 2017 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Making a Roth IRA for my Dad
Replies: 31
Views: 1366

Re: Making a Roth IRA for my Dad

It sounds like your trying to figure out how to transfer the $30k all into a Roth IRA from the taxable account? I don't think you can do that. As mentioned, he would be limited by the yearly contribution amounts. Of course, being towards the end of the year he could do some now and some in January. ...
by chevca
Sun Oct 15, 2017 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: The theory seems irrelevant. How does one execute?
Replies: 23
Views: 1681

Re: The theory seems irrelevant. How does one execute?

I think if just about anyone went 60/40 from start to finish, young to old they would likely end up just fine. Are you going to be living off this money, or will it just be left there to grow? Most likely you will be checking your balance/portfolio size often when you first start out. I think most d...
by chevca
Sun Oct 15, 2017 3:03 pm
Forum: Investing - Theory, News & General
Topic: How does everyone keep track of your portfolio?
Replies: 107
Views: 6528

Re: How does everyone keep track of your portfolio?

The Vanguard site does fine for me.

I only have a couple accounts and can enter all that plus the savings stash in there to see the total. Just update it every two weeks when deferred comp. contributions get made and done.
by chevca
Sun Oct 15, 2017 2:59 pm
Forum: Investing - Theory, News & General
Topic: International [Are multinational US companies the same as international?]
Replies: 12
Views: 622

Re: International

They aren't the same and I don't think Mr. Bogle has ever said they're equivalent. You seem to have a good grasp on how selling products overseas can diversify their income and profits some. But, I would hardly say and I don't think Mr. Bogle has ever said that makes them the same as international c...
by chevca
Tue Oct 10, 2017 11:31 am
Forum: Personal Finance (Not Investing)
Topic: Cashflow Refi
Replies: 2
Views: 413

Re: Cashflow Refi

With and income of $20k/month, I wouldn't borrow more money nor go from a 15 to a 30 year mortgage.

Why not just pay things down now, or save up some for another rental? Seems like you could do either pretty quick and easy.
by chevca
Tue Oct 10, 2017 7:21 am
Forum: Personal Finance (Not Investing)
Topic: Rent or Sell
Replies: 12
Views: 819

Re: Rent or Sell

Sell.

And, you certainly should consider the hassle of being a landlord in this. Is your time worth nothing?
by chevca
Tue Oct 10, 2017 7:19 am
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 15546

Re: Bogle himself is saying we will expect like 3% for the next decades

To answer your question, why am I hanging out in Bogleheads? A few reasons: 1. This is where I started. Generally speaking I think you can't beat the market (with certain exceptions) and fees and AA are what determine your longterm performance. I held a standard BH portfolio until I became concerne...
by chevca
Mon Oct 09, 2017 3:47 pm
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 15546

Re: Bogle himself is saying we will expect like 3% for the next decades

I hadn't seen your earlier post about that, sorry. That is a bit of an extreme portfolio, but if it's your plan and something you can stick to, go for it. I say doesn't move the needle much with the 1% theory, because, well, it doesn't. If someone has $10k invest and $100 of it in Bitcoin, even whe...
by chevca
Mon Oct 09, 2017 1:28 pm
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 15546

Re: Bogle himself is saying we will expect like 3% for the next decades

I hadn't seen your earlier post about that, sorry. That is a bit of an extreme portfolio, but if it's your plan and something you can stick to, go for it. I say doesn't move the needle much with the 1% theory, because, well, it doesn't. If someone has $10k invest and $100 of it in Bitcoin, even when...
by chevca
Mon Oct 09, 2017 11:45 am
Forum: Personal Finance (Not Investing)
Topic: Pay off mortgage or invest?
Replies: 10
Views: 1017

Re: Pay off mortgage or invest?

I assume you have an EF or some cash savings aside from this $125k, so the 125k is going towards some goal? It will be easiest for the wife to stop working and live off one income with a low or no mortgage. And, you being risk averse along with those future plans makes paying down the mortgage prett...
by chevca
Mon Oct 09, 2017 11:33 am
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 15546

Re: Bogle himself is saying we will expect like 3% for the next decades

Unless one has Warren Buffett amounts of money, having 1% of their assets in anything isn't going to move the needle much one way or the other. Why bother? Because your brain is in the habit of thinking about aggressive investments that have upside potentials of 25% a year and downsides of 50% a ye...
by chevca
Mon Oct 09, 2017 6:51 am
Forum: Investing - Theory, News & General
Topic: Bogle himself is saying we will expect like 3% for the next decades
Replies: 141
Views: 15546

Re: Bogle himself is saying we will expect like 3% for the next decades

Final word, even if you are die-hard Bitcoin skeptic, you have to have 1% of your assets in it as an insurance policy...in case you're wrong. Because that 1% could double your net worth or more. Unless one has Warren Buffett amounts of money, having 1% of their assets in anything isn't going to mov...
by chevca
Fri Oct 06, 2017 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Applying for mortgage - New Construction
Replies: 1
Views: 241

Re: Applying for mortgage - New Construction

I would wait. Even with all the talk of rates can only go up, they've been low for years now. I don't see them shooting up anytime soon, and certainly not quickly if they did go up. As you mentioned, locking in now requires agreeing to a much higher rate than the current ones. So, even if rates do g...
by chevca
Sun Oct 01, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: For buying house: how do you know which schools are "good"?
Replies: 56
Views: 3753

Re: For buying house: how do you know which schools are "good"?

A good student can be a good student about anywhere. A good student can also end up not so good it they start hanging out with the wrong crowd. As far as public schools, there is an obvious difference between inner-city schools and nice suburbs schools. There's a much better chance for the kid/stude...
by chevca
Sat Sep 30, 2017 11:15 am
Forum: Personal Consumer Issues
Topic: Caught by speed camera
Replies: 49
Views: 2689

Re: Caught by speed camera

tigerdoc93 wrote:
Sat Sep 30, 2017 6:45 am
You were speeding. You got a ticket. Pay the ticket. No big deal.
This ^^

Don't go 62 in a 50. And, don't come to the Boglehead courtroom for advice. There's only a couple posts worth a darn in this one.
by chevca
Sat Sep 30, 2017 11:08 am
Forum: Personal Consumer Issues
Topic: I bought a car without thinking too much about value
Replies: 45
Views: 3993

Re: I bought a car without thinking too much about value

It's just buyers remorse. It will pass. Enjoy your new car. :beer
by chevca
Fri Sep 29, 2017 5:02 pm
Forum: Personal Consumer Issues
Topic: Boglehead Investing Simplicity Leading to Simplifying Life?
Replies: 21
Views: 2046

Re: Boglehead Investing Simplicity Leading to Simplifying Life?

Nope, not for me. I've always been a simple guy, so finding the BH way of investing was just a good fit from the start. DW is the same way, thankfully. We don't have much and don't need much. Folks come over and say, where's all your stuff? What, so we don't have every square inch covered with somet...
by chevca
Fri Sep 29, 2017 4:53 pm
Forum: Personal Consumer Issues
Topic: What products do you think will outpace inflation?
Replies: 16
Views: 1350

Re: What products do you think will outpace inflation?

I think we need the OP to narrow down what products they mean... grocery items, household cleaning needs? We already have smart phones, pick ups, and home improvements mentioned. Are these bulk buy items I didn't know people stocked up on?? Shoot, let's throw classic cars in there too. They go up at...
by chevca
Fri Sep 29, 2017 2:15 pm
Forum: Personal Consumer Issues
Topic: What products do you think will outpace inflation?
Replies: 16
Views: 1350

Re: What products do you think will outpace inflation?

It seems my crystal ball is cloudy on this one also. :happy I'm know sure how anyone can "know of some products that will likely outpace inflation". And, even buying in bulk... these are still products you use, right? You're not going to store these forever? What's the concern about outpacing inflat...
by chevca
Fri Sep 29, 2017 2:03 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 11327

Re: The Rolex and The Boglehead

I know about nothing as watches go. But, even I know that someone is getting MUCH more in a Rolex than a $35 Timex from Wal Mart. Your arguments and analogies have simply been about function and how anything that does the same thing isn't worth spending more money on, Homer. Now, you're simply tryin...
by chevca
Fri Sep 29, 2017 1:42 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 11327

Re: The Rolex and The Boglehead

But, it's still just a "clock". :confused :happy
by chevca
Fri Sep 29, 2017 1:23 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 11327

Re: The Rolex and The Boglehead

First, your arguments are way out there since they don't make $50k TVs, that I'm aware of. I wish I could say this isn't true but I've seen a $40k tv at Best Buy before. So, I assume you can get up to $50k. Also, I know some avid home theater guys (from home theater forum) and I see some people thr...
by chevca
Fri Sep 29, 2017 1:17 pm
Forum: Investing - Help with Personal Investments
Topic: need advice
Replies: 11
Views: 611

Re: need advice

Nice, simple looking 401k! You would have to check your 401k rules. Not all plans are the same. Some don't even allow you to do a roll over like that. I'd be surprise if there was a fee, but who knows. You would probably be fine leaving the TIRA where it's at. Fidelity is a good place and having opt...
by chevca
Fri Sep 29, 2017 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: need advice
Replies: 11
Views: 611

Re: need advice

For Benefit Of, I believe.

It's just a terminology thing to say it's from them, but it's your money.
by chevca
Fri Sep 29, 2017 11:52 am
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 11327

Re: The Rolex and The Boglehead

The TV analogy certainly doesn't work. The TV analogy is perfect. You realize how ridiculous it sounds to buy a $50,000 TV (with awesome hand-crafted parts precision-made with a beautiful exterior) that only displays an image (the point of a TV) equal to a $500 TV. For $50,000, you should get a bet...
by chevca
Fri Sep 29, 2017 11:28 am
Forum: Investing - Help with Personal Investments
Topic: need advice
Replies: 11
Views: 611

Re: need advice

What's the rate and how much left on the car loan? With only $7k left on the 401k loan, there's not much interest left to pay... and you're paying yourself. I'd leave that alone, probably. The car loan could probably be left alone as well. Assuming it is a low amount and a decent rate. It looks like...
by chevca
Thu Sep 28, 2017 4:19 pm
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 11327

Re: The Rolex and The Boglehead

Your analogies are not very good. Since you decided to go here, I feel obligated to tell you I literally winced when I read your Coke analogy. It's a weird connection to even try to make and I can't find any logical basis to attempt to make it. I suppose a Coke is a "thing" and a watch is a "thing"...
by chevca
Thu Sep 28, 2017 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: What best to do with 150k cash in medical school?
Replies: 14
Views: 1251

Re: What best to do with 150k cash in medical school?

Pay for school, finish with no or little loans, and then grow your cash with your salary. Keep it simple....
by chevca
Thu Sep 28, 2017 1:16 pm
Forum: Personal Consumer Issues
Topic: Bathtub/shower rehab - Bath Fitters experience?
Replies: 8
Views: 784

Re: Bathtub/shower rehab - Bath Fitters experience?

I used Bath Fitters to redo the bath and shower on a grungy set up on a house I sold in 2016. I don't know that it could have even been deep cleaned to look good, and I didn't want to do any work on it myself. I liked the one day and done part of it. The salesman and installer I had were both great....
by chevca
Thu Sep 28, 2017 11:43 am
Forum: Personal Consumer Issues
Topic: The Rolex and The Boglehead
Replies: 274
Views: 11327

Re: The Rolex and The Boglehead

I could afford to buy a $50 coke if I wanted to. But what if a 50 cent coke was also available, and I still chose to buy the $50 coke? I think that would still be wasting money since I am getting nothing extra for the extra money. A better analogy to the "Casio versus Rolex" debate wouldn't be payi...