Search found 62 matches

by dodgersummer
Sat Apr 28, 2018 6:00 am
Forum: Personal Consumer Issues
Topic: Lake Tahoe
Replies: 28
Views: 2332

Re: Lake Tahoe

Virginia City is a fun place to visit. It is an old cowboy town with a lot of history and old shops. There are a lot of good food places and entertainment. Barrel candy shops, mining tours, old train rides, etc.
by dodgersummer
Tue Jan 30, 2018 10:34 pm
Forum: Personal Finance (Not Investing)
Topic: Transamerica Life insurance/investments
Replies: 39
Views: 2154

Re: Transamerica Life insurance/investments

It's possible he is a helpful friendly guy who believes what he is telling you. Really. He'd be wrong, but lots of people are. Few people really understand the product, and the claims sounds pretty good. I think he genuinely thinks he is "helping others." The diagrams that he drew with flow charts ...
by dodgersummer
Tue Jan 30, 2018 2:39 am
Forum: Personal Finance (Not Investing)
Topic: Transamerica Life insurance/investments
Replies: 39
Views: 2154

Re: Transamerica Life insurance/investments

Ask him... 1. Percent commission he is getting. 2. How much they are matching your contribution. In your post you say "the salesman said..." multiple times. That should be enough to make you wary. Sales is about getting paid, not helping people. He never once mentioned being an insurance salesman o...
by dodgersummer
Tue Jan 30, 2018 12:51 am
Forum: Personal Finance (Not Investing)
Topic: Transamerica Life insurance/investments
Replies: 39
Views: 2154

Re: Transamerica Life insurance/investments

Do you think this clown was giving you the hard sell for an hour because he was getting paid zero? No, he was selling you the fabric treatment, the paint sealant, the undercoating and the aftermarket extended warranty. If you want insurance, then buy term insurance. If you want to invest, then inve...
by dodgersummer
Mon Jan 29, 2018 3:09 am
Forum: Personal Finance (Not Investing)
Topic: Term vs. whole life insurance
Replies: 2
Views: 480

Term vs. whole life insurance

Do most BH prefer term or whole life insurance. From what i am seeing from most finance gurus, term is the way to go.
by dodgersummer
Mon Jan 29, 2018 2:21 am
Forum: Personal Finance (Not Investing)
Topic: Transamerica Life insurance/investments
Replies: 39
Views: 2154

Transamerica Life insurance/investments

Does anybody have an opinion on Transamerica Life insurance and investments? One of there salesman gave me an hour or so pitch on Investing money with them. From what i understand, money each month would go partially to whole life insurance and partially to investments with a floor of 1% and a ceili...
by dodgersummer
Tue Jan 23, 2018 2:09 am
Forum: Investing - Help with Personal Investments
Topic: After tax investment suggestions...
Replies: 30
Views: 3154

Re: After tax investment suggestions...

I read that the two funds you mentioned above are recommended to be split evenly with a US total bond market index fund. The article said to adjust the amounts in all three fund once a year to make them all equal. dodgersummer: The above quote is incorrect. Please read the "Asset-allocation" sectio...
by dodgersummer
Fri Jan 19, 2018 12:21 am
Forum: Investing - Help with Personal Investments
Topic: After tax investment suggestions...
Replies: 30
Views: 3154

Re: After tax investment suggestions...

Does anybody have any suggestions for good post tax investments after maxing out tax advantages investments? Is TD ameritrade, Vanguard, or Fidelity my best bet for this? Is berkshire hathaway a good buy or s&p500? I am looking for something not too conservative or aggressive. Thanks. dodgersummer:...
by dodgersummer
Fri Jan 19, 2018 12:15 am
Forum: Investing - Help with Personal Investments
Topic: After tax investment suggestions...
Replies: 30
Views: 3154

Re: After tax investment suggestions...

Are capital gains taxed every year they are held, or do you only pay taxes on capital gains when you withdraw the money? Capital gains are only taxed when the shares are sold, i.e. when they are "realized." As a personal example, I completed a round-trip tax-loss harvest of a total stock market ind...
by dodgersummer
Thu Jan 18, 2018 3:57 pm
Forum: Investing - Help with Personal Investments
Topic: After tax investment suggestions...
Replies: 30
Views: 3154

Re: After tax investment suggestions...

Does anybody have any suggestions for good post tax investments after maxing out tax advantages investments? Is TD ameritrade, Vanguard, or Fidelity my best bet for this? Is berkshire hathaway a good buy or s&p500? I am looking for something not too conservative or aggressive. Thanks. dodgersummer:...
by dodgersummer
Tue Jan 09, 2018 4:47 pm
Forum: Investing - Help with Personal Investments
Topic: After tax investment suggestions...
Replies: 30
Views: 3154

Re: After tax investment suggestions...

The two index funds Taylor noted are among the very best taxable account options, for at least two reasons. First, they are very tax efficient, so you'll minimize the loss of your returns to taxes. Second, these broad "total market" index funds are classic core investments. So no matter what your p...
by dodgersummer
Fri Jan 05, 2018 12:13 pm
Forum: Investing - Help with Personal Investments
Topic: After tax investment suggestions...
Replies: 30
Views: 3154

Re: After tax investment suggestions...

Is SPY a good after tax investment? How much would taxes cost if you sold the two recommended index funds after a year vs. Selling after 5 years? SPY is okay. It's an S&P 500 index fund, so it's not as broad as a "total market" fund (SPTM is an example), but it's still a good taxable holding. Taxes...
by dodgersummer
Thu Jan 04, 2018 10:42 pm
Forum: Investing - Help with Personal Investments
Topic: After tax investment suggestions...
Replies: 30
Views: 3154

Re: After tax investment suggestions...

Does anybody have any suggestions for good post tax investments after maxing out tax advantages investments? Is TD ameritrade, Vanguard, or Fidelity my best bet for this? Is berkshire hathaway a good buy or s&p500? I am looking for something not too conservative or aggressive. Thanks. dodgersummer:...
by dodgersummer
Thu Jan 04, 2018 10:14 pm
Forum: Investing - Help with Personal Investments
Topic: After tax investment suggestions...
Replies: 30
Views: 3154

Re: After tax investment suggestions...

Is SPY a good after tax investment? How much would taxes cost if you sold the two recommended index funds after a year vs. Selling after 5 years? SPY is okay. It's an S&P 500 index fund, so it's not as broad as a "total market" fund (SPTM is an example), but it's still a good taxable holding. Taxes...
by dodgersummer
Thu Jan 04, 2018 10:10 pm
Forum: Investing - Help with Personal Investments
Topic: After tax investment suggestions...
Replies: 30
Views: 3154

Re: After tax investment suggestions...

Does anybody have any suggestions for good post tax investments after maxing out tax advantages investments? Is TD ameritrade, Vanguard, or Fidelity my best bet for this? Is berkshire hathaway a good buy or s&p500? I am looking for something not too conservative or aggressive. Thanks. dodgersummer:...
by dodgersummer
Wed Jan 03, 2018 12:24 am
Forum: Investing - Help with Personal Investments
Topic: After tax investment suggestions...
Replies: 30
Views: 3154

Re: After tax investment suggestions...

The two index funds Taylor noted are among the very best taxable account options, for at least two reasons. First, they are very tax efficient, so you'll minimize the loss of your returns to taxes. Second, these broad "total market" index funds are classic core investments. So no matter what your p...
by dodgersummer
Tue Jan 02, 2018 10:27 pm
Forum: Investing - Help with Personal Investments
Topic: After tax investment suggestions...
Replies: 30
Views: 3154

After tax investment suggestions...

Does anybody have any suggestions for good post tax investments after maxing out tax advantages investments? Is TD ameritrade, Vanguard, or Fidelity my best bet for this? Is berkshire hathaway a good buy or s&p500? I am looking for something not too conservative or aggressive. Thanks.
by dodgersummer
Wed Dec 13, 2017 9:30 am
Forum: Investing - Theory, News & General
Topic: Is Nationwide a good company?
Replies: 10
Views: 1491

Is Nationwide a good company?

I currently have a gov't job and use ICMA for a 457 plan. My work also offers the 457 plan through Nationwide. I'm thinking of switching to Nationwide. Does anybody have any experience or opinions if Nationwide is good for a 457 plan? Thanks,

Robert
by dodgersummer
Mon Nov 13, 2017 1:09 pm
Forum: Personal Finance (Not Investing)
Topic: BH Ideal net worth allocation
Replies: 22
Views: 3409

Re: BH Ideal net worth allocation

Having a pension makes a HUGE difference. (Rare these days so everyone just assumes you don't). Are you sure your pension will remain in place and you will stayed employed at this job through 55? If you leave prior will you still get a pension? (Just some lessor amount - but enough to make up for t...
by dodgersummer
Mon Nov 13, 2017 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: BH Ideal net worth allocation
Replies: 22
Views: 3409

Re: BH Ideal net worth allocation

I currently have about 78% of my net worth tied up in my house (this includes equity), 13% is cash in an online savings, and 9% is in retirement funds (457k, Roth Ira Vanguard TD fund). I am 33 years old. I know i have way too much in my house at this point, but what is the ideal allocation for BH?...
by dodgersummer
Wed Nov 08, 2017 9:01 am
Forum: Investing - Help with Personal Investments
Topic: Vangaurd Target Date retirement allocation too aggressive?
Replies: 20
Views: 2172

Re: Vangaurd Target Date retirement allocation too aggressive?

sport wrote: ↑
Tue Nov 07, 2017 1:17 pm
If you feel that the TR fund in your IRA is a little too aggressive, you can always compensate for that by being a little heavier in bonds in your 457k account.
Is there any advantage to going heavier in bonds in my 457k vs. going heavier in bonds in my Roth IRA TD fund at Vanguard?
by dodgersummer
Tue Nov 07, 2017 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: BH Ideal net worth allocation
Replies: 22
Views: 3409

Re: BH Ideal net worth allocation

Why do you have so much equity in the home? Is it due to appreciation, accelerated payments,..... ? Why do you have so little in retirement accounts? You have very little in retirement at age 33 but it is difficult to judge why without more information. Having more in home equity than retirement is...
by dodgersummer
Tue Nov 07, 2017 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: BH Ideal net worth allocation
Replies: 22
Views: 3409

Re: BH Ideal net worth allocation

I currently have about 78% of my net worth tied up in my house (this includes equity), 13% is cash in an online savings, and 9% is in retirement funds (457k, Roth Ira Vanguard TD fund). I am 33 years old. I know i have way too much in my house at this point, but what is the ideal allocation for BH?...
by dodgersummer
Tue Nov 07, 2017 12:52 pm
Forum: Investing - Help with Personal Investments
Topic: Vangaurd Target Date retirement allocation too aggressive?
Replies: 20
Views: 2172

Re: Vangaurd Target Date retirement allocation too aggressive?

This is a common criticism of Target Date funds, that they are too aggressive. Foggy memory recalls that such funds get less aggressive after a bear market and get more aggressive as stocks recover. The glide paths have also changed over time. It turns out the people who run these funds are human l...
by dodgersummer
Tue Nov 07, 2017 12:51 pm
Forum: Personal Finance (Not Investing)
Topic: BH Ideal net worth allocation
Replies: 22
Views: 3409

BH Ideal net worth allocation

I currently have about 78% of my net worth tied up in my house (this includes equity), 13% is cash in an online savings, and 9% is in retirement funds (457k, Roth Ira Vanguard TD fund). I am 33 years old. I know i have way too much in my house at this point, but what is the ideal allocation for BH?
by dodgersummer
Tue Nov 07, 2017 12:24 pm
Forum: Investing - Help with Personal Investments
Topic: Vangaurd Target Date retirement allocation too aggressive?
Replies: 20
Views: 2172

Vangaurd Target Date retirement allocation too aggressive?

I am 33 years old with a Roth IRA in a Vanguard Target Date retirement fund. My job has a pension that will pay about 75% of my top salary at 55 years old. I contribute about 8k a year to a 457k plan through work at ICMA and i contribute about 3k a year to the Roth IRA to the vanguard target date fu...
by dodgersummer
Thu May 04, 2017 2:19 pm
Forum: Investing - Theory, News & General
Topic: 457K fees too high?
Replies: 12
Views: 1116

Re: 457K fees too high?

I have a government 457K plan through ICMA and saw that their expense for my account averages to 1.245 percent. Are there any fund choices in the the 457 with lower expenses? If so, could you list the 3 or 4 with the lowest expense ratios? Often when we ask we can point to something that can be tol...
by dodgersummer
Thu May 04, 2017 2:17 pm
Forum: Investing - Theory, News & General
Topic: ICMA [International City/County Management Association]
Replies: 10
Views: 952

Re: ICMA [International City/County Management Association]

We have built a 3 fund portfolio of Broad Mrkt Idx, Core Bond Idx and Overseas Equity Idx. ER is .19, .19, and .29 respectively. Are those funds available to you and what is their ER? Right now my asset break down is as follows: VT PLUS 3.9% (1.36% expense) VT Vantagepoint Cor Bnd Idx 3.9% (1% expe...
by dodgersummer
Thu May 04, 2017 2:03 pm
Forum: Investing - Theory, News & General
Topic: 457K fees too high?
Replies: 12
Views: 1116

Re: 457K fees too high?

The wiki does some calculations and concludes that retirement plans make sense as long as the expenses are less than 1.7%. https://www.bogleheads.org/wiki/401(k) "Even in a bad 401(k), you should contribute up to the company match." My 457K offers no match whatsoever. Does is still make sense for m...
by dodgersummer
Thu May 04, 2017 1:29 pm
Forum: Investing - Theory, News & General
Topic: 457K fees too high?
Replies: 12
Views: 1116

457K fees too high?

I have a government 457K plan through ICMA and saw that their expense for my account averages to 1.245 percent. This seems very high compared to my Vanguard Roth IRA Target date fund that I contribute $200/month. I like contributing some to the 457K plan due to the tax breaks, but I do not know if i...
by dodgersummer
Thu May 04, 2017 1:05 pm
Forum: Investing - Theory, News & General
Topic: ICMA [International City/County Management Association]
Replies: 10
Views: 952

Re: ICMA [International City/County Management Association]

On our "Account Access Page" I click on "View My Balances & Holdings". I then click on one of our fund names that is displayed there and it brings up a page that provides in-depth detail on the fund. Then click on the tab "Performance & Expenses" to view the Expense Ratio. Hope this helps. Thank yo...
by dodgersummer
Thu May 04, 2017 7:26 am
Forum: Investing - Theory, News & General
Topic: ICMA [International City/County Management Association]
Replies: 10
Views: 952

Re: ICMA [International City/County Management Association]

Silk McCue wrote:If your account access is at icmarc.org (ours is) I can see the expense ratios on each fund invested in. Do you have similar access.
Yes. Where do you see it on the site?
by dodgersummer
Wed May 03, 2017 9:33 am
Forum: Investing - Theory, News & General
Topic: ICMA [International City/County Management Association]
Replies: 10
Views: 952

ICMA [International City/County Management Association]

I'm a gov't employee whose 457K option is ICMA. After reading BH forum, I called them to find out what fees I am paying for my 457K account. They said that a fee is charged for each fund in my portfolio and the fee charges at the close of each day. I asked what the fee range scale varies from and th...
by dodgersummer
Sun Apr 09, 2017 10:15 am
Forum: Personal Consumer Issues
Topic: BH thoughts on car insurance
Replies: 32
Views: 2904

BH thoughts on car insurance

I'm shopping around for car insurance and wanted to know if anybody has any recommendations. I currently have Farmers. I purchased my car (2000 Camry) for $6,000 all cash. It's a cheap car that gives good gas mileage (4 cylinder). Am I better off going with the cheapest insurance company I can find?
by dodgersummer
Wed Feb 22, 2017 1:14 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on Time shares
Replies: 123
Views: 11103

BH thoughts on Time shares

I know very little about time shares, but see ads for them in Las Vegas. Are these good to attend for "free" tickets to shows and to buy or are they ripoffs?
by dodgersummer
Wed Feb 15, 2017 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on money gurus
Replies: 26
Views: 3265

Re: BH thoughts on money gurus

Abe wrote:I think they all offer some good advice and some not so good advice. I think a lot of the people they are advising are not very knowledgeable. This especially applies to Orman and Ramsey.
Are any of them worse than others when it comes to advice?
by dodgersummer
Wed Feb 15, 2017 4:30 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on money gurus
Replies: 26
Views: 3265

BH thoughts on money gurus

What do BH think of money guru's such as Clark Howard, Suze Orman, Dave Ramsey and Ric Edelman? Are any of them worthwhile to listen to for advice or are they all just self promoting marketers looking out for only themselves?
by dodgersummer
Tue Feb 14, 2017 10:32 am
Forum: Investing - Theory, News & General
Topic: Where should i put my Roth IRA?
Replies: 2
Views: 413

Where should i put my Roth IRA?

I'm 32 years old and just pulled out the $7k in my Roth IRA I had at ICMA-RC and switched it over to Vanguard. Should I put this money in a target date retirement fund Roth IRA, a 3 fund portfolio Roth IRA, or something else? Here is a financial picture for me: -32 years old with a 5 year old kid -E...
by dodgersummer
Tue Feb 14, 2017 10:11 am
Forum: Personal Finance (Not Investing)
Topic: Credit cards vs. Cash
Replies: 123
Views: 9672

Credit cards vs. Cash

I buy almost everything with credit cards (and pay them off in full weekly) due to rewards. Several finance articles I've read say that paying with cash makes people spend a lot less money and hence save a lot more. Do most BH use cash for purchases or credit cards?
by dodgersummer
Tue Feb 14, 2017 9:36 am
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on housing crash
Replies: 60
Views: 4223

Re: BH thoughts on housing crash

Several Realtor's told me that they expect a housing market crash by 2020. Becoming an realtor does not automatically make you an expert on predicting economic and housing cycles. If you're a competent agent, then you're good at a few things such as evaluating the price of a house, staging, negotia...
by dodgersummer
Mon Feb 13, 2017 5:41 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on housing crash
Replies: 60
Views: 4223

Re: BH thoughts on housing crash

I do think at some point they will come down. I don't know when but I just was looking for BH feedback on the topic to see if real estate mindset is the same "stay the course" method as stocks. I did find it funny when several realtor's mentioned a "crash" after I told them I already owned a home. ...
by dodgersummer
Mon Feb 13, 2017 2:19 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on housing crash
Replies: 60
Views: 4223

Re: BH thoughts on housing crash

Several Realtor's told me that they expect a housing market crash by 2020. :oops: :oops: You realize that a realtor is a... sales person? You realize that this statement is a ... sales method? Incite fear, get people to buy and sell now, pretty common stuff. Did you ask for any real facts or did th...
by dodgersummer
Mon Feb 13, 2017 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on housing crash
Replies: 60
Views: 4223

Re: BH thoughts on housing crash

Example of 1. Take with salt: We have good family friends, now with one adult kid and one about to enter college. They kept their kids in private schools from K - College They sold the one house they owned to live in rented houses in 'better' neighborhoods, all so their kids would have a 'better li...
by dodgersummer
Mon Feb 13, 2017 2:04 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on housing crash
Replies: 60
Views: 4223

Re: BH thoughts on housing crash

Several Realtor's told me that they expect a housing market crash by 2020. :oops: :oops: You realize that a realtor is a... sales person? You realize that this statement is a ... sales method? Incite fear, get people to buy and sell now, pretty common stuff. Did you ask for any real facts or did th...
by dodgersummer
Mon Feb 13, 2017 1:58 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on housing crash
Replies: 60
Views: 4223

Re: BH thoughts on housing crash

Wanting to raise a 5 YO in a good neighborhood is very understandable. Nothing wrong with aspiring to 'move up', to want to live in a place where you feel more comfortable and secure. But don't play the 'keeping up with the Jones' game. There are always people who are 'better off', live in 'nicer' ...
by dodgersummer
Mon Feb 13, 2017 1:38 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on housing crash
Replies: 60
Views: 4223

Re: BH thoughts on housing crash

Wanting to raise a 5 YO in a good neighborhood is very understandable. Nothing wrong with aspiring to 'move up', to want to live in a place where you feel more comfortable and secure. But don't play the 'keeping up with the Jones' game. There are always people who are 'better off', live in 'nicer' ...
by dodgersummer
Mon Feb 13, 2017 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on housing crash
Replies: 60
Views: 4223

Re: BH thoughts on housing crash

greg24 wrote:Your best course of action is likely to stay right where you are.

For how long?
by dodgersummer
Mon Feb 13, 2017 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on housing crash
Replies: 60
Views: 4223

Re: BH thoughts on housing crash

My loan Officer lists my house worth about $410k and I owe about $250k, so I have about $150k equity. Would it be foolish to move after only four years still? There is no rationale for a heuristic for how long one should be in a home before selling. Look at the alternatives and make the decision th...
by dodgersummer
Mon Feb 13, 2017 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on housing crash
Replies: 60
Views: 4223

Re: BH thoughts on housing crash

Curious that a realtor would be talking out of their hat about a crash. Usually they are talking out of their hat about prices going inexorably upwards. Couple of comments.... 1) First and foremost, your home is where you live. It may be one's biggest asset, but it is not an investment. If where yo...
by dodgersummer
Mon Feb 13, 2017 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: BH thoughts on housing crash
Replies: 60
Views: 4223

Re: BH thoughts on housing crash

When would you pull the trigger and buy another house so that you are not throwing away your money on rent? In California, it is often cheaper to rent than buy, so you are actually throwing away money by buying rather than renting. Of course, that doesn't mean you shouldn't buy - there are non-fina...