Search found 128 matches

by fcox85
Wed Apr 13, 2016 4:50 pm
Forum: Investing - Help with Personal Investments
Topic: How many financial accounts to maintain?
Replies: 30
Views: 2897

Re: How many financial accounts to maintain?

I strive for simplicity. Here is what we have. Joint Accounts : Checking Savings All Credit Cards My Accounts : 401(k) HSA Business Accounts : Checking (wife's small business) That makes 5 main accounts, and a few joint credit card accounts (I have some that were opened prior to our marriage, but we...
by fcox85
Mon Apr 04, 2016 4:15 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard and Fidelity must really dislike each other [Bond fund question]
Replies: 17
Views: 2068

Re: Vanguard and Fidelity must really dislike each other [Bond fund question]

I'm starting a new job and obviously with that comes a new 401K program. Fidelity is the custodian. I was hoping to have 100% of my 401K in VBMFX. However, that is not one of the 16 fund choices my company offers. Fortunately there is a Self-Directed Brokerage option through Fidelity that lets you ...
by fcox85
Fri Mar 25, 2016 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Financially, how have you done/doing vs. your parents?
Replies: 134
Views: 10756

Re: Financially, how have you done/doing vs. your parents?

Just reading through the comments, it appears that a lot of Baby Boomers and some Gen Xers report doing better than their parents. But the Millenials tell a different story. It would be interesting, to me at least, going forward if posters would identify their generation. Member of the Millenial ge...
by fcox85
Mon Mar 21, 2016 8:58 am
Forum: Personal Finance (Not Investing)
Topic: Any experience w/ Ally CHECKING account?
Replies: 40
Views: 2661

Re: Any experience w/ Ally CHECKING account?

QUICK QUESTION: Ally charges no fee for receiving incoming transfers. BofAm charges a small fee for transferring to another bank. If I make an initial deposit with Ally and I let Ally "debit" from my BofAm account, does that mean BofAm will still charge me with a "transfer" fee?...
by fcox85
Wed Jan 27, 2016 4:35 pm
Forum: Personal Consumer Issues
Topic: Roofing Replacement Estimate??
Replies: 24
Views: 1674

Re: Roofing Replacement Estimate??

edge wrote:Are you sure the 6-8k guy included substantial deck replacement in his estimate? If not then the estimates could be a lot closer than you think.


Yes. We specifically discussed the decking.
by fcox85
Wed Jan 27, 2016 12:06 pm
Forum: Personal Consumer Issues
Topic: Roofing Replacement Estimate??
Replies: 24
Views: 1674

Re: Roofing Replacement Estimate??

I appreciate all of the responses! It seems that the opinions are somewhat mixed. Interestingly, two things happened after I made my original post. First, the roofer with whom I spoke yesterday called me back and told me that he had overestimated the size of my roof at first glance. Still, he gave m...
by fcox85
Wed Jan 27, 2016 9:50 am
Forum: Personal Consumer Issues
Topic: Roofing Replacement Estimate??
Replies: 24
Views: 1674

Roofing Replacement Estimate??

My home has recently started having some leaking problems, and we are getting estimates to have it replaced. I have been told by two separate companies that there are too many problems to merely repair, and they and other companies are in the process of working on estimates. However, based on what o...
by fcox85
Wed Jan 20, 2016 4:12 pm
Forum: Investing - Help with Personal Investments
Topic: Should I use my 401(k)'s Automatic Periodic Rebalancing?
Replies: 3
Views: 291

Should I use my 401(k)'s Automatic Periodic Rebalancing?

Title just about says it all: my 401(k) offers an option whereby I can set my asset allocation and have it rebalanced automatically at set intervals (monthly, quarterly, semi-annually, or annually). In the opinion of the Board, is this an effective substitute for manually monitoring one's account an...
by fcox85
Tue Dec 15, 2015 9:21 am
Forum: Personal Consumer Issues
Topic: iPhone Purchase - I'm getting Desperate!
Replies: 34
Views: 3984

Re: iPhone Purchase - I'm getting Desperate!

While not a "deal," I just bought two 16GB iPhone 6 (one generation old) for $549 each. If you sign up for a lot of the cloud sync options (iTunes Match, iCloud backup, iCloud Photo Library), you can avoid needing the larger storage on your actual phone. Also, I noted that a lot of iPhone ...
by fcox85
Mon Dec 07, 2015 11:17 am
Forum: Personal Consumer Issues
Topic: Flaunt Your High-Mileage Car
Replies: 179
Views: 13257

Re: Flaunt Your High-Mileage Car

2003 GMC Envoy Mileage: ~205,000 I'm 30 years old, and this is the car that my parents bought for me when I graduated high school. It is starting to fall apart, but I refused to finance a newer car while I was working on paying off my student loans. Now that we've knocked those out, hopefully I'll b...
by fcox85
Fri Dec 04, 2015 10:12 am
Forum: Personal Finance (Not Investing)
Topic: Bank Account Buffer v. "Traditional" Budgeting??
Replies: 3
Views: 616

Re: Bank Account Buffer v. "Traditional" Budgeting??

Thanks for the responses! I was thinking something very similar to what both of you describe, maybe with a slightly higher buffer, either 2x monthly expenses, or maybe even a somewhat "arbitrary" number of $10,000.00 just as a nice round figure.
by fcox85
Thu Dec 03, 2015 5:37 pm
Forum: Personal Finance (Not Investing)
Topic: Bank Account Buffer v. "Traditional" Budgeting??
Replies: 3
Views: 616

Bank Account Buffer v. "Traditional" Budgeting??

I currently use YNAB to meticulously budget and track my expenses. YNAB has made an incredible difference in my finances, and is the main reason that I was able to pay off my student loans, become "buffered" with one month of expenses, cash flow major expenditures while working toward thes...
by fcox85
Wed Oct 21, 2015 10:39 am
Forum: Personal Consumer Issues
Topic: Selling an Inherited Property
Replies: 9
Views: 751

Re: Selling an Inherited Property

Someone more knowledgeable correct me if I'm wrong, but here is my understanding: Upon your inheritance of the property, you get a "stepped-up" cost basis in the property which is equivalent to the fair market value of the prior owner at the time of his/her death. Going forward, provided y...
by fcox85
Tue Oct 20, 2015 10:41 am
Forum: Investing - Theory, News & General
Topic: 401k - how often do you check it?
Replies: 53
Views: 4036

Re: 401k - how often do you check it?

EDIT: Age, 30. Years to Retirement, 25+?? Lately I have been checking fairly frequently. I am using a "brokerage window" offered through Schwab, and have logged on lately to verify that my automatic investment plan is working smoothly, and to make adjustments since I recently increased my ...
by fcox85
Mon Oct 12, 2015 2:49 pm
Forum: Personal Finance (Not Investing)
Topic: Best way to title accounts for married couples
Replies: 9
Views: 1464

Re: Best way to title accounts for married couples

I am a fan of simplicity. If you have no reason for separate accounts due to tax concerns, I say make everything joint. Also, the lower overall number of accounts, the better IMHO.
by fcox85
Fri Oct 02, 2015 10:31 am
Forum: Personal Finance (Not Investing)
Topic: Tool Showing Savings Rate, and effect on Taxes & Take-home Pay?
Replies: 0
Views: 266

Tool Showing Savings Rate, and effect on Taxes & Take-home Pay?

Are there tools/calculators/spreadsheets out there which can be used to determine the ultimate effect that a mix of different savings vehicles (401k, IRA, Roth, Solo 401k, etc.) have on take-home pay and tax burden at different income levels? In asking this question, I do not intend a simple ADP-sty...
by fcox85
Fri Jul 17, 2015 10:31 am
Forum: Personal Finance (Not Investing)
Topic: HSA's and Emergency Funds
Replies: 8
Views: 1023

HSA's and Emergency Funds

For those of you who have an HSA and fund it sufficiently to cover your deductible and/or out of pocket maximum, how do you factor this in with your EF? Does it in any way reduce the amount that you hold in liquid cash in your EF?
by fcox85
Thu Jul 09, 2015 2:23 pm
Forum: Investing - Help with Personal Investments
Topic: Question on a Bond Fund in Schwab 401(k)
Replies: 3
Views: 492

Re: Question on a Bond Fund in Schwab 401(k)

I don't think its too bad a choice. Sure, it has twice the er, but that is not horrible. You might consider investing in it, then once a year or so switch it over to an etf so you only have to pay the high fee for a small portion of your bond portfolio. I was somewhat of the same mind with regard t...
by fcox85
Wed Jul 08, 2015 11:20 am
Forum: Investing - Help with Personal Investments
Topic: Question on a Bond Fund in Schwab 401(k)
Replies: 3
Views: 492

Question on a Bond Fund in Schwab 401(k)

I am trying to simplify my 401(k). Long story short, I have access to self-directed Schwab brokerage window which I am using because I did not like my 401(k) options after a recent plan change. I was invested in some of the fee/commission-free ETF's offered through Schwab, but hated the fact that I ...
by fcox85
Thu May 14, 2015 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Employer Contribution 60%?
Replies: 29
Views: 1559

Re: Employer Contribution 60%?

closetoreality wrote:Also has anyone heard of employer contributions without employee contributions?


Before we merged w/ another firm and changed plans, my employer had a "Safe Harbor" plan whereby they deposited 3% of an employee's salary, regardless of whether that employee contributed.
by fcox85
Fri May 08, 2015 3:13 pm
Forum: Investing - Help with Personal Investments
Topic: More Help w/ New 401(k) & Rollover of Old 401(k)
Replies: 6
Views: 644

Re: More Help w/ New 401(k) & Rollover of Old 401(k)

If it were me, I would roll over the terminating 401(k) to a Vanguard IRA. In the new 401(k) plan, I would invest all contributions in the one lowest cost index fund which looks like it would be the VG SP 500 Admiral (.05 ER). Use Vanguard index funds in the IRA to reach your overall desired asset ...
by fcox85
Wed May 06, 2015 2:32 pm
Forum: Investing - Help with Personal Investments
Topic: More Help w/ New 401(k) & Rollover of Old 401(k)
Replies: 6
Views: 644

More Help w/ New 401(k) & Rollover of Old 401(k)

My employer recently merged with another firm, and our Mass Mutual 401(k) plan at the new firm is not as good as the old plan. The old plan had VG Admiral funds (500, Small Cap, Int'l, and Bond) from which an approximate "3-fund" portfolio could easily be constructed. Since the old plan is...
by fcox85
Tue Apr 21, 2015 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: HSA Monthly Investment Fee??
Replies: 2
Views: 428

HSA Monthly Investment Fee??

I have recently been enrolled in my employer's new HSA-compatible HDHC. As a part of the services offered by my HSA provider, I am able to invest all contributions exceeding $1,000.00. Fortunately, VG TSM is one of the funds offered through this investment platform. However, the HSA charges a $2.90 ...
by fcox85
Thu Feb 26, 2015 4:02 pm
Forum: Investing - Help with Personal Investments
Topic: Changing 401(k) Plans, Need Help!!
Replies: 10
Views: 638

Re: Changing 401(k) Plans, Need Help!!

Generally, if used for investing purposes, you're better off putting an HSA before IRA: Prioritizing investments - Bogleheads Agree 100%. OP, do you plan to invest the funds in the HSA or keep the money in cash? Once I hit the $1,000.00 threshold required to invest, everything beyond that amount wi...
by fcox85
Thu Feb 26, 2015 3:08 pm
Forum: Investing - Help with Personal Investments
Topic: Changing 401(k) Plans, Need Help!!
Replies: 10
Views: 638

Re: Changing 401(k) Plans, Need Help!!

What about the small cap index fund with an ER of 0.25%? I do not know of the methodology for this index but it may allow you to approximate TSM and there are a fair number of critics of the VG small cap index FWIW. As it turns out that fund is no longer available. The next closest fund to the 500 ...
by fcox85
Thu Feb 26, 2015 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Changing 401(k) Plans, Need Help!!
Replies: 10
Views: 638

Re: Changing 401(k) Plans, Need Help!!

Bump... Is there a reason you're choosing to fully fund the HSA vs. funding an IRA? Mainly, the deductibles and out-of-pockets on our new HDHP after the merger are high enough that it wouldn't hurt to have access to this money in the event that it is actually needed for medical costs, with the adde...
by fcox85
Thu Feb 26, 2015 2:47 pm
Forum: Investing - Help with Personal Investments
Topic: Changing 401(k) Plans, Need Help!!
Replies: 10
Views: 638

Re: Changing 401(k) Plans, Need Help!!

Bump... Well, it looks like the options are pretty much on par with what I expected, though possibly even a little bit worse. The only two funds I'm even considering (and only one seriously) are as follows: VG SP 500 Index Signal (.05%) PIMCO Total Return (.71%) Looks like I'm rolling over my curren...
by fcox85
Tue Feb 24, 2015 6:03 pm
Forum: Investing - Help with Personal Investments
Topic: Changing 401(k) Plans, Need Help!!
Replies: 10
Views: 638

Changing 401(k) Plans, Need Help!!

Currently, my employer offers what I consider to be an excellent 401(k) Plan. We are merging with another employer effective March 1, and our 401(k) options are changing. I am currently invested as follows: Vanguard 500 Index Admiral (VFIAX) 45.00% Vanguard Small Cap Index Admiral (VSMAX) 10.00% Van...
by fcox85
Thu Nov 13, 2014 9:02 am
Forum: Investing - Theory, News & General
Topic: Aspiration - Investment Firm where you choose your fee
Replies: 6
Views: 1252

Re: Aspiration - Investment Firm where you choose your fee

It may be just me, but after about 5-10 minutes of perusing the website, I still have no clue in what vehicles Aspiration invests its clients' money. The website makes reference to "elite investments" and "alternative investments." I get the feeling this firm is selling access to...
by fcox85
Fri Oct 31, 2014 3:18 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle on why your retirement plan stinks
Replies: 14
Views: 3091

Re: Jack Bogle on why your retirement plan stinks

It seems that when we talk about "excessive fees," we are for the most part discussing the high-cost ER's of many funds offered in 401(k) and other retirement plans. However, while I know this has been discussed many times on this board, I feel that additional sinister "hidden" ...
by fcox85
Fri Oct 31, 2014 8:29 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle on why your retirement plan stinks
Replies: 14
Views: 3091

Re: Jack Bogle on why your retirement plan stinks

It seems that when we talk about "excessive fees," we are for the most part discussing the high-cost ER's of many funds offered in 401(k) and other retirement plans. However, while I know this has been discussed many times on this board, I feel that additional sinister "hidden" c...
by fcox85
Sun Oct 12, 2014 6:58 am
Forum: Personal Consumer Issues
Topic: Best solution for clouded auto headlight lens?
Replies: 31
Views: 4210

Re: Best solution for clouded auto headlight lens?

I've seen several videos on YouTube with individuals using Off (or the equivalent)bug spray and a paper towel, and it seems to work great.
by fcox85
Thu Oct 09, 2014 11:45 am
Forum: Personal Consumer Issues
Topic: Four credit cards hacked in a 2 month period
Replies: 14
Views: 2340

Re: Four credit cards hacked in a 2 month period

IPer wrote:If it is somewhere in the house suspect everyone that has access until it is narrowed down . . . .


I couldn't help but think something along the same lines. Is there someone that regularly works in your house who might have had access to the cards?
by fcox85
Wed Oct 01, 2014 12:01 pm
Forum: Investing - Help with Personal Investments
Topic: Am I going about this the right way??
Replies: 12
Views: 769

Re: Am I going about this the right way??

If your major frustration is not having a handle on where your money is going each month, I suggest that you look into the budgeting software You Need a Budget (YNAB). It has really helped me understand where my money goes each month. The basic premise is that you create a forward-looking budget usi...
by fcox85
Mon Sep 08, 2014 9:28 am
Forum: Investing - Help with Personal Investments
Topic: Help w/ the Mechanics of Solo 401k Contributions?
Replies: 14
Views: 1393

Re: Help w/ the Mechanics of Solo 401k Contributions?

My husband just started one this year; similar situation. My understanding is that you can put the money in whenever you want. We are putting in a small monthly amount, but then plan to add more at the end of the year when we figure out the salary/profit issues. Thanks for the input. I hadn't read ...
by fcox85
Mon Sep 08, 2014 9:22 am
Forum: Investing - Help with Personal Investments
Topic: Help w/ the Mechanics of Solo 401k Contributions?
Replies: 14
Views: 1393

Help w/ the Mechanics of Solo 401k Contributions?

My wife is starting a business that is structured as a single-member LLC (a "disregarded" entity with no employees). Depending on how the business does, I am considering setting up a Solo 401k in the near future. I understand that there are a number of issues surrounding the calculation of...
by fcox85
Thu Aug 28, 2014 9:29 am
Forum: Personal Finance (Not Investing)
Topic: If you had an extra $100,000
Replies: 68
Views: 8233

Re: If you had an extra $100,000

1) Pay off all remaining (non-mortgage debt).
2) Fully Fund Emergency Fund
3) Roth IRA's for the year
4) Fund some house projects
5) Maybe a car (mine's getting long in the tooth)
6) Taxable With the Rest
by fcox85
Tue Jul 29, 2014 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: Wells Fargo "Wells-Trade" Brokerage Questions
Replies: 23
Views: 3134

Wells Fargo "Wells-Trade" Brokerage Questions

To anyone who currently uses Wells Fargo for their brokerage account, I am a bit confused by their promotional materials regarding fees for investing in Vanguard mutual funds (not ETF's). After reading their website and speaking with my banker, it appears to me that VG mutual funds are free of trans...
by fcox85
Wed Jul 02, 2014 10:09 am
Forum: Personal Finance (Not Investing)
Topic: Who do you talk with about your financial goals?
Replies: 158
Views: 11784

Re: Who do you talk with about your financial goals?

I discuss finances and financial goals pretty openly with my family, and so does my wife. To be a bit more specific, we discuss where we stand, our big plans, income level, budgeting, debt load and general financial health with our parents (I am 29, she is 26). We don't discuss investing in great de...
by fcox85
Mon May 12, 2014 9:07 pm
Forum: Personal Consumer Issues
Topic: Help with Patio! -- Pavers v. Concrete
Replies: 25
Views: 3702

Re: Help with Patio! -- Pavers v. Concrete

Skipping the foundation prep work on pavers (and concrete) is nuts. Why don't you just put the pavers on the grass that you have now? "Hey we did this patio in 2 hours!" Tell the concrete guy to skip the base prep work too? This is in the category of penny wise and pound foolish. You clea...
by fcox85
Mon May 12, 2014 1:43 pm
Forum: Personal Consumer Issues
Topic: Help with Patio! -- Pavers v. Concrete
Replies: 25
Views: 3702

Re: Help with Patio! -- Pavers v. Concrete

Peterjens wrote:P.S. A firepit would be a good addition.


That's definitely part of the plan as well.
by fcox85
Mon May 12, 2014 12:47 pm
Forum: Personal Consumer Issues
Topic: Help with Patio! -- Pavers v. Concrete
Replies: 25
Views: 3702

Help with Patio! -- Pavers v. Concrete

We bought our house last year, and now have some projects we need to complete. Among others (replacing rotten siding, painting, sod, landscaping), my wife and I are about to spend some money to create a patio in our back yard. We are weighing the options between DIY stone pavers v. poured concrete b...
by fcox85
Fri May 09, 2014 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: What our company's 401k Advisor said about 1.5% Fees
Replies: 115
Views: 20222

Re: What our company's 401k Advisor said about 1.5% Fees

I work for a law firm w/ about 25 employees. Our 401(k) plan does have some pricier options, but we also have an entire slate of VG TR Funds, as well as Admiral Shares of SP 500, Total Int'l, Total Bond, Mid Cap, Small Cap, and a few other VG funds. Based upon what I read on these forums about other...
by fcox85
Fri Jan 24, 2014 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Opinions on 401(k) Fund Options for US Equity
Replies: 3
Views: 175

Opinions on 401(k) Fund Options for US Equity

Currently, my 401(k) has a lot of great options. Our plan has a full range of VG TR funds, as well as the following VG "Signal" class funds: Total Bond, Total Int'l, 500, Small Cap, Mid Cap. Obviously missing from our family of Signal funds is TSM. As far as the US Equity portion of my por...
by fcox85
Thu Jan 16, 2014 12:24 pm
Forum: Personal Finance (Not Investing)
Topic: Pros/cons of home funding approach?
Replies: 8
Views: 524

Re: Pros/cons of home funding approach?

From a legal perspective, I think a much cleaner solution is to fund the construction of the home yourself, and title the property only in your name. Once you are married, you can simply deed the property to both yourself, and your then-wife. This way, you avoid the potential legal/ownership pitfall...
by fcox85
Thu Dec 26, 2013 9:03 am
Forum: Personal Consumer Issues
Topic: New Republic Wireless Monthly Rates
Replies: 5
Views: 1003

Re: New Republic Wireless Monthly Rates

My hesitations with going full-tilt into RW are: (1) Do the RW phones transition smoothly/unnoticeably between WiFi & cellular during calls? (2) I've always heard ill spoken of Sprint's network... But then, I've also heard they're making heavy investment in network improvements... Also, it appe...
by fcox85
Wed Dec 04, 2013 12:20 pm
Forum: Investing - Help with Personal Investments
Topic: 24yo pharmacist seeking advice/input
Replies: 18
Views: 2094

Re: 24yo pharmacist seeking advice/input

Hey Dave I'm 23 and also plan to retire early(around 50-55) the most important factor for achieving this goal IMO is savings rate. I plan to live like a college student for as long as possible. If you can do the same I see no problem for you to retire early. I tend to agree. You mentioned in your O...
by fcox85
Fri Nov 15, 2013 10:01 am
Forum: Personal Finance (Not Investing)
Topic: Online Banking
Replies: 29
Views: 3263

Re: Online Banking

I used Ally for a while prior to getting married, and loved it. I appreciated that I was always reimbursed ATM fees charged by other institutions' machines, and that Ally never tacked on any fees of their own. Also, I appreciated that Ally did not require minimum balances, and that their debit card ...
by fcox85
Tue Nov 12, 2013 8:15 am
Forum: Personal Finance (Not Investing)
Topic: Should I guide my kids to bogleheads.org NOW
Replies: 23
Views: 1688

Re: Should I guide my kids to bogleheads.org NOW

Maybe better to start them off by pointing them to some of the recommended books on this site? Then point them toward the site as a follow-up.

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