Search found 1075 matches

by feh
Mon Aug 14, 2017 11:35 am
Forum: Personal Finance (Not Investing)
Topic: What % of income to buy a car is not excessive?
Replies: 48
Views: 3238

Re: What % of income to buy a car is not excessive?

whodidntante wrote:
Sun Aug 13, 2017 9:41 pm
I don't view % of income as good way to decide and I've never decided that way.
+1

I've never understood this type of thinking. Leads to lifestyle creep.
by feh
Thu Aug 10, 2017 9:01 pm
Forum: Investing - Theory, News & General
Topic: What Percentage CASH are you?
Replies: 90
Views: 5984

Re: What Percentage CASH are you?

Less than 1% of portfolio. Of course, that value depends on your definition of "cash". I do not consider money in CDs as cash.
by feh
Tue Aug 08, 2017 10:55 am
Forum: Investing - Theory, News & General
Topic: FSITX Question (Fidelity Total Bond Index Fund)
Replies: 7
Views: 575

Re: FSITX Question (Fidelity Total Bond Index Fund)

I have a tax deferred account (IRA) at Fidelity. I like the idea of Vanguard's Total Bond Fund. Is FSITX a good thing to invest in or should I consider asking Vanguard to move the IRA to Vanguard? Or should I consider buying whatever ETF Index Fund I like at Fidelity and buy that? Thanks for the he...
by feh
Tue Aug 01, 2017 11:09 am
Forum: Personal Finance (Not Investing)
Topic: FAFSA: if known result, why complete?
Replies: 44
Views: 2579

Re: FAFSA: if known result, why complete?

Some private schools provide help above and beyond that... The FAFSA is the starting point for finding out what they might do. Well, it was admissions people at public universities that made this comment, so my question still stands. I ran through an online calculator and our estimated family contr...
by feh
Tue Aug 01, 2017 11:01 am
Forum: Personal Finance (Not Investing)
Topic: FAFSA: if known result, why complete?
Replies: 44
Views: 2579

FAFSA: if known result, why complete?

Hi folks. Son will be attending college in one year, so applications are going out this fall. We've been on several campus tours, and I've heard admissions people say "fill out the FAFSA, even if you don't think you'll receive anything". My question is: why? Given our investment portfolio,...
by feh
Thu Jul 20, 2017 8:27 am
Forum: Investing - Help with Personal Investments
Topic: anybody dabble in venture capital?
Replies: 24
Views: 1895

Re: anybody dabble in venture capital?

whodidntante wrote:So you have a little gamble in you, eh? May I suggest poker? :happy


Been there, done that. :wink:

Made profits, but too much of a grind.
by feh
Tue Jul 18, 2017 11:34 am
Forum: Investing - Help with Personal Investments
Topic: anybody dabble in venture capital?
Replies: 24
Views: 1895

Re: anybody dabble in venture capital?

TomatoTomahto wrote:I meant why would they let you give them money?


Why would they not want my money?
by feh
Tue Jul 18, 2017 11:30 am
Forum: Investing - Help with Personal Investments
Topic: anybody dabble in venture capital?
Replies: 24
Views: 1895

Re: anybody dabble in venture capital?

Why venture capital? Why not hedge funds or private equity? Direct real estate investment? I'm not interested in real estate. Hedge funds or private equity are options I'd be willing to learn more about. Anybody aware of online sources that discuss the pros/cons of such "alternative" inve...
by feh
Tue Jul 18, 2017 11:20 am
Forum: Investing - Help with Personal Investments
Topic: anybody dabble in venture capital?
Replies: 24
Views: 1895

Re: anybody dabble in venture capital?

TomatoTomahto wrote:What do you bring to the table that would make you a worthwhile investor?


I doubt the firms I am aware of care about anything besides the money I could provide. Am I wrong?
by feh
Tue Jul 18, 2017 11:01 am
Forum: Investing - Help with Personal Investments
Topic: anybody dabble in venture capital?
Replies: 24
Views: 1895

anybody dabble in venture capital?

Hello folks. Our portfolio, which is very Bogle-ish (indices, SV tilt), has grown to the size where I am comfortable using a small portion (ie. < 2%) for "speculation". As an accredited investor, venture capital is such an option. Anybody want to chime in on their experiences with such? Th...
by feh
Thu Jul 06, 2017 7:05 am
Forum: Investing - Theory, News & General
Topic: 100% stocks no debt?
Replies: 56
Views: 4324

Re: 100% stocks no debt?

I just wanted to know more about how the crash changed your outlook. I'm 70/30 now and I was feeling like that might be too conservative. After reading some more posts like yours I think it might be too aggressive! I wouldn't say the crash affected my outlook. As I said, I didn't sell anything duri...
by feh
Wed Jul 05, 2017 3:39 pm
Forum: Investing - Theory, News & General
Topic: 100% stocks no debt?
Replies: 56
Views: 4324

Re: 100% stocks no debt?

Could you please elaborate? Thanks! I am more risk-tolerant than the average person. I did not sell during 2008, but let me tell you, it was not fun watching our balances nose dive. I found bogleheads.org about 5 years ago and purchased bond funds for the first time. Our 100/0 asset allocation was ...
by feh
Wed Jul 05, 2017 11:52 am
Forum: Investing - Theory, News & General
Topic: 100% stocks no debt?
Replies: 56
Views: 4324

Re: 100% stocks no debt?

Our portfolio was 100% equities until well into our forties (and no debt). On the verge of retirement (age 51), we are now 60/40.

That is not a recommendation.
by feh
Mon Jul 03, 2017 12:40 pm
Forum: Investing - Theory, News & General
Topic: When Did You Start Investing Your Own Money?
Replies: 47
Views: 3128

Re: When Did You Start Investing Your Own Money?

I was 26 or 27. Had purchased our first home a year or two earlier and had spare funds for the first time.
by feh
Tue Jun 27, 2017 12:58 pm
Forum: Personal Consumer Issues
Topic: Travel to Ireland and, hopefully, to Cambridge, England
Replies: 15
Views: 1019

Re: Travel to Ireland and, hopefully, to Cambridge, England

adamthesmythe wrote:The web says the station is Kings Cross and it is about an hour to Cambridge. You will have a great time.


Just took this train last summer. Easy peasy.
by feh
Mon Jun 26, 2017 11:15 am
Forum: Investing - Theory, News & General
Topic: Yes, This Is Market Timing: If the CAPE Goes Above 30, Bring on the Larry
Replies: 142
Views: 10236

Re: Yes, This Is Market Timing: If the CAPE Goes Above 30, Bring on the Larry

It's not until the end of last year and this year that volume has more than doubled since about 2013-2014. You are watching the market too closely. There will likely be at least 2 recessions between now and when you expect to retire. Get used to the idea. Set your AA at what you can sleep with and ...
by feh
Mon Jun 26, 2017 10:15 am
Forum: Investing - Theory, News & General
Topic: Yes, This Is Market Timing: If the CAPE Goes Above 30, Bring on the Larry
Replies: 142
Views: 10236

Re: Yes, This Is Market Timing: If the CAPE Goes Above 30, Bring on the Larry

sjwoo wrote:My horizon is shorter than yours -- about 13 years.


Unless you know the date of your death, you can't say this. If you are eyeing retirement in 13 years, your horizon is quite a bit longer than that.
by feh
Wed May 31, 2017 11:32 am
Forum: Investing - Theory, News & General
Topic: Does anyone treat taxable as a "someday fund"?
Replies: 86
Views: 6609

Re: Does anyone treat taxable as a "someday fund"?

This is exactly what I have been building our taxable account for. Right now, it could serve as an additional emergency tier if we ever needed it. In the long-term it's intended to be able to make available any number of possibilities (but not all of them). Vacation home, new car, extra college mon...
by feh
Tue May 16, 2017 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone else agree with my logic on silicon valley housing?
Replies: 84
Views: 7825

Re: Anyone else agree with my logic on silicon valley housing?

GrandDesigns wrote:
TL;DR: Thoughts on the perils of justifying huge amounts of debt based on having a large income.


15 years ago I considered moving from WI to SF. After evaluating the increase in both wages and cost of living, it made sense to stay put. I think that is even more true today.
by feh
Tue May 16, 2017 11:45 am
Forum: Investing - Theory, News & General
Topic: When 60/40 just isn't appropriate
Replies: 182
Views: 27615

Re: When 60/40 just isn't appropriate

Sorry to bump What a waste of time reading pages upon pages of comments on this thread by most people who are still working. Need to see what retire or about to retire people are thinking about asset allocation. These are people with social security and/or pension. That makes a hell of decisions on...
by feh
Sat May 13, 2017 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Who really needs an umbrella insurance?
Replies: 40
Views: 5875

Re: Who really needs an umbrella insurance?

goingup wrote: Unless you feel like you're in a profession that puts a target on your back, I wouldn't spend the extra $200 a year until you have some assets to protect.


+1
by feh
Wed May 10, 2017 12:33 pm
Forum: Investing - Theory, News & General
Topic: guaranteed 5% vs stocks?
Replies: 208
Views: 30828

Re: guaranteed 5% vs stocks?

Thanks...it's in the letter, but the letter isn't on me at the moment. So... ** The Insight Savings Account ('Savings Account') is made available to Cardholders through Republic Bank of Chicago®, Members FDIC. As of January 1, 2017, the Annual Percentage Yield ('APY') is 5.00%. This rate is subject...
by feh
Wed May 10, 2017 10:40 am
Forum: Investing - Theory, News & General
Topic: guaranteed 5% vs stocks?
Replies: 208
Views: 30828

Re: guaranteed 5% vs stocks?

And another one bites the dust... Insight is getting out of the game completely; just received a letter in the mail today that they're going w/ another bank, and the savings rates goes to 0.0%...not even just a reduction in the amount. Oh well. The new bank is providing the same service as before -...
by feh
Tue May 09, 2017 10:20 pm
Forum: Investing - Theory, News & General
Topic: guaranteed 5% vs stocks?
Replies: 208
Views: 30828

Re: guaranteed 5% vs stocks?

And another one bites the dust... Insight is getting out of the game completely; just received a letter in the mail today that they're going w/ another bank, and the savings rates goes to 0.0%...not even just a reduction in the amount. Oh well. The new bank is providing the same service as before -...
by feh
Tue May 09, 2017 1:31 pm
Forum: Personal Finance (Not Investing)
Topic: Are we doing better now?
Replies: 20
Views: 3068

Re: Are we doing better now?

With our maxed out Roths and with current 401K contribution rates, we are sitting at 15% of gross monthly income going towards retirement. Obviously, more is better, but is 15% considered not enough? Depends on how much you already have saved, and at what age you'd like to be financially independen...
by feh
Tue May 09, 2017 1:01 pm
Forum: Personal Finance (Not Investing)
Topic: Are we doing better now?
Replies: 20
Views: 3068

Re: Are we doing better now?

With our maxed out Roths and with current 401K contribution rates, we are sitting at 15% of gross monthly income going towards retirement. Obviously, more is better, but is 15% considered not enough? Depends on how much you already have saved, and at what age you'd like to be financially independent.
by feh
Tue May 09, 2017 12:35 pm
Forum: Personal Finance (Not Investing)
Topic: Are we doing better now?
Replies: 20
Views: 3068

Re: Are we doing better now?

I understand that with a username like cashisking500 this might be unpalatable to you but I would give serious thought just paying off both car loans and using the freed up cashflow to increase your 401k contributions to 10% each, rebuild your cash reserves, and even consider a 15yr mortgage instea...
by feh
Tue May 09, 2017 12:22 pm
Forum: Personal Finance (Not Investing)
Topic: Are we doing better now?
Replies: 20
Views: 3068

Re: Are we doing better now?

mortfree wrote:
I think your 401k contributions could be much higher, like 10% minimum.


+1
by feh
Tue May 02, 2017 9:39 pm
Forum: Personal Consumer Issues
Topic: house washing - how long does it stay clean?
Replies: 5
Views: 894

house washing - how long does it stay clean?

Hi folks.

Our home has vinyl siding, and the northern/shady areas have lichen/mildew that I'd like to get removed. My question is - how long until it returns? We'll likely be selling our house in a couple years, and only want to do this once.

Thanks.
by feh
Tue May 02, 2017 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Banking in Marriage
Replies: 66
Views: 4924

Re: Banking in Marriage

runfast4 wrote:We are starting basically fresh out of college, so we are saving as much as we can and trying to live small.


First marriage, little to no net worth - I suggest joint accounts. You are a team, both emotionally and financially.

That is my free-of-charge marital advice. :wink:
by feh
Mon May 01, 2017 3:08 pm
Forum: Personal Consumer Issues
Topic: Microsoft, I want my computer back!
Replies: 165
Views: 13131

Re: Microsoft, I want my computer back!

Yep. Bill Gates and Steve Balmer are billionaires and we are not. Not hard to see why. Were I a true computer geek, I would go with Linux. But I am not and that is why I buy from Bill and Steve. You don't need to be a true computer geek. Go to m, download and burn an image to DVD, and boot from it....
by feh
Mon May 01, 2017 2:38 pm
Forum: Personal Consumer Issues
Topic: Microsoft, I want my computer back!
Replies: 165
Views: 13131

Re: Microsoft, I want my computer back!

Didn't read the entire thread... Lots of disk activity and unresponsiveness can be symptoms of inadequate memory. How much RAM does the machine have? Processor 3.30 Gigahertz Memory 4.00 GB (2.92 useable) Windows 10 Take this with a grain of salt, as I am not a Windows expert... I would say 3 GB is...
by feh
Mon May 01, 2017 12:26 pm
Forum: Personal Consumer Issues
Topic: Car maintenance for older cars - where do you go ?
Replies: 52
Views: 4085

Re: Car maintenance for older cars - where do you go ?

emoore wrote:For all my cars I do the regular maintenance. It's easy enough to do oil changes, filter changes, brakes, etc. I only take it to a mechanic if I can't figure it out or it's too much of a pain.


+1
by feh
Mon May 01, 2017 12:18 pm
Forum: Personal Consumer Issues
Topic: Microsoft, I want my computer back!
Replies: 165
Views: 13131

Re: Microsoft, I want my computer back!

Didn't read the entire thread...

Lots of disk activity and unresponsiveness can be symptoms of inadequate memory. How much RAM does the machine have?
by feh
Fri Apr 28, 2017 7:03 am
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 81
Views: 9006

Re: Helping adult children

msk wrote:Seems pretty absurd to me that nobody would object to the parents gifting a million $ to charity, but then nothing is to be gifted to their own kids because they ought to be responsible, independent adults?


Some people never learn how to ride a bike if you don't remove the training wheels.
by feh
Tue Apr 25, 2017 3:25 pm
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 62
Views: 5045

Re: Is $20K I-Bonds considered cash or bond?

I don't view my portfolio as equities/bonds. I view it as equities/fixed income, where fixed income includes anything that provides interest on a regular basis (bond funds, CDs, individual bonds). Where would you classify High Yield bonds? I think you are on the right track, but for me the divide h...
by feh
Tue Apr 25, 2017 12:34 pm
Forum: Personal Finance (Not Investing)
Topic: Helping adult children
Replies: 81
Views: 9006

Re: Helping adult children

Swampy wrote: Your son's are both self sufficient adults, allow them that dignity to fully evolve, hardships and all.


+1

If son #1 is gainfully employed (to the point where his wife can stay at home), I don't understand why any financial assistance is being provided.
by feh
Tue Apr 25, 2017 12:05 pm
Forum: Investing - Theory, News & General
Topic: Is $20K I-Bonds considered cash or bond?
Replies: 62
Views: 5045

Re: Is $20K I-Bonds considered cash or bond?

I don't view my portfolio as equities/bonds. I view it as equities/fixed income, where fixed income includes anything that provides interest on a regular basis (bond funds, CDs, individual bonds).
by feh
Tue Apr 18, 2017 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: $10 withdrawal by the IRS?
Replies: 17
Views: 2119

Re: $10 withdrawal by the IRS?

I have an explanation! This is the first year my teenage son filed a federal tax return, and he owed $10. I was showing him how the process worked, and must have used my bank account for the ACH withdrawal. So, nothing nefarious. It should be noted that the name associated w/ the transaction was my ...
by feh
Tue Apr 18, 2017 9:55 am
Forum: Personal Finance (Not Investing)
Topic: $10 withdrawal by the IRS?
Replies: 17
Views: 2119

Re: $10 withdrawal by the IRS?

The IRS could have made a correction on your return, for math or a limited deduction, but they would have sent you a correction notice in the US mail first. Was the earlier payment short by $10 somehow? Deposit for tax refund was exact amount I was expecting. Withdrawal for estimated tax payment wa...
by feh
Tue Apr 18, 2017 8:16 am
Forum: Personal Finance (Not Investing)
Topic: $10 withdrawal by the IRS?
Replies: 17
Views: 2119

Re: $10 withdrawal by the IRS?

How sure are you it is the IRS? I would be a skeptic and make sure no extra money was in that account, it doesn't pass the smell test for me. The description of the debit is consistent w/ other IRS-related transactions: ACH W/D: IRS TYPE: USATAXPYMT CO: IRS I should also mention I made an estimated...
by feh
Tue Apr 18, 2017 8:05 am
Forum: Personal Finance (Not Investing)
Topic: $10 withdrawal by the IRS?
Replies: 17
Views: 2119

$10 withdrawal by the IRS?

Hi folks.

The IRS withdrew $10 from our checking account today (tax day; I don't think that's a coincidence). I have no idea why this was done. We received a large refund this year, around $10K, which was paid a week or two ago.

Anybody have a guess as to what this is about? Thanks.
by feh
Mon Apr 17, 2017 11:21 am
Forum: Personal Consumer Issues
Topic: helping parent sell their car
Replies: 16
Views: 1457

Re: helping parent sell their car

You don't have to go through the charade of using nominal consideration. Just have her transfer it to you or, better yet, endorse the title in blank which you can then deliver to a buyer. Gill Please clarify - she would sign the title over, leaving the purchaser blank? It would be nice to not have ...
by feh
Mon Apr 17, 2017 11:20 am
Forum: Personal Consumer Issues
Topic: helping parent sell their car
Replies: 16
Views: 1457

Re: helping parent sell their car

bi0hazard wrote:I find trade ins least stressful. You may get a few hundred $$ less.


New car being purchased from a private party, so no trade in.
by feh
Mon Apr 17, 2017 11:13 am
Forum: Personal Consumer Issues
Topic: helping parent sell their car
Replies: 16
Views: 1457

helping parent sell their car

Hi folks. A little context - my mother may be buying a car soon. She would have no need for her current car, which isn't worth a whole lot ($1000-2000). She lives 90 minutes from me and she would not want to deal w/ selling her old car. I'd like to take care of this task for her, but I'm not close e...
by feh
Tue Apr 11, 2017 11:33 am
Forum: Investing - Theory, News & General
Topic: Will There Ever Be A Time When There Are No Emerging Markets?
Replies: 14
Views: 1994

Re: Will There Ever Be A Time When There Are No Emerging Markets?

Nah. Once Africa is "developed", then there will be Antarctica. Then Mariana Trench...Mars....Andromeda...
by feh
Mon Apr 10, 2017 11:50 am
Forum: Investing - Theory, News & General
Topic: Roth IRA - Using Risk to Grow the Pie
Replies: 30
Views: 3099

Re: Roth IRA - Using Risk to Grow the Pie

KyleAAA wrote:I'd load the Roth up with domestic/international small value and call it a day.


This is what I do. We tilt to small-value, and place those funds in our Roth accounts.
by feh
Thu Apr 06, 2017 9:01 pm
Forum: Investing - Theory, News & General
Topic: Retirement Equity Glide path with 2-3 years of expenses in cash
Replies: 13
Views: 1455

Re: Retirement Equity Glide path with 2-3 years of expenses in cash

We are starting retirement with an AA of 60/40 (at age 50). We have 3 years of expenses in cash to ride out a bear market. If equities don't recover in that time frame, returning to work is an option.

Dropping all the way to 30/70 is simply too conservative for my tastes.
by feh
Tue Apr 04, 2017 12:09 pm
Forum: Investing - Theory, News & General
Topic: I don't want to retire until another bear market
Replies: 40
Views: 6278

Re: I don't want to retire until another bear market

soccerdad12 wrote:For me, I don't view my nest egg to just be about me. I want to maximize it for me and for others (people or organizations) that I may leave money to in the future. If it was just about me, it would be a no-brainer easy decision to retire now.


Sounds like a case of One More Year syndrome.