Search found 2480 matches

by goingup
Tue Jul 25, 2017 11:39 am
Forum: Personal Finance (Not Investing)
Topic: Financial Characteristics of Physicians
Replies: 12
Views: 658

Re: Financial Characteristics of Physicians

I found the data interesting. I do think it seemed to stray into indirect advertisement and maybe was sponsored by the "strategic partner" who runs a financial advising firm for physicians. "67% of physicians who are 'ahead' use a financial adviser, while only 44% of physicians who a...
by goingup
Tue Jul 25, 2017 8:13 am
Forum: Personal Finance (Not Investing)
Topic: Order of Operations (Retirement, Loans, Emergency Fund)
Replies: 19
Views: 878

Re: Order of Operations (Retirement, Loans, Emergency Fund)

Suppose you make $100K and can save $20K per year. *Set 401K contributions to 8%. You'll get the match and then some. *Max Roth at $5.5K With the above you've taken care of retirement planning for the year. With the $6.5K balance, top off your emergency fund, and chunk away student debt. What is the...
by goingup
Mon Jul 24, 2017 12:03 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Target 2055 Fund vs 3-Fund Portfolio?
Replies: 12
Views: 585

Re: Vanguard Target 2055 Fund vs 3-Fund Portfolio?

Excellent that you are serious about investing at a young age. I think Target Funds are the right place to start. When you have say $50-100K in your portfolio it may benefit you to break out into individual funds. Most important thing is your savings rate. Let the Target Fund do the work of asset al...
by goingup
Mon Jul 24, 2017 9:01 am
Forum: Personal Consumer Issues
Topic: Anyone else extremely frugal?
Replies: 95
Views: 6518

Re: Anyone else extremely frugal?

No, not especially frugal. I like quality and value in just about everything.

I'm a BH primarily because of the idea of investing wisely with low-cost funds. Never aspired to have a low-cost lifestyle.
by goingup
Sun Jul 23, 2017 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: Investing Education and Mansplaining
Replies: 94
Views: 4003

Re: Investing Education and Mansplaining

bigred77 wrote:Seeing mansplaining debated on Bogleheads is better than I could have ever hoped for :D

I agree! It's delightful.

To those who are saying the OP's daughter better just buck up and get used to it. Well, there you go again--mansplaining. :wink:
by goingup
Sun Jul 23, 2017 10:06 am
Forum: Personal Consumer Issues
Topic: Is Amazon Prime worth it?
Replies: 101
Views: 4792

Re: Is Amazon Prime worth it?

It's worth it. Convenient, fast. Two clicks and the order is on it's way. Sometimes arrives same day. That's amazing. Amazon video has several original series (as listed by TT) that are very well done. Love Amazon and Amazon Prime. I don't enjoy shopping much and the whole experience on Amazon is ne...
by goingup
Sun Jul 23, 2017 9:52 am
Forum: Investing - Help with Personal Investments
Topic: When doing retirement planning, do you count your spouse's savings?
Replies: 28
Views: 2175

Re: When doing retirement planning, do you count your spouse's savings?

To me it's a question about your marriage not your finances. Because I'm so throughly ingrained in coupledom, it's hard to imagine planning for solo. If you feel differently, you should plan for that contingency.
by goingup
Sat Jul 22, 2017 12:11 pm
Forum: Investing - Theory, News & General
Topic: Do you find financial advisors to be all that bright?
Replies: 53
Views: 4492

Re: Do you find financial advisors to be all that bright?

Bright or not, it's their overwhelming self-interest that makes them unappealing to me. I can fashion a low-cost, tax effective, simple portfolio that is "good enough" and with no conflict of interest!
by goingup
Sat Jul 22, 2017 11:58 am
Forum: Personal Finance (Not Investing)
Topic: What's your personal savings rate?
Replies: 110
Views: 7176

Re: What's your personal savings rate?

Incendiary-
Lots of high earners on this board who can live well and also save a huge percentage of income. Tough to benchmark yourself against fellow BHs.

I read this on the forum and liked it:
Save 10% and you'll be fine
Save 20% and you'll thrive
Save 30% and you'll be wealthy
:happy
by goingup
Fri Jul 21, 2017 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: Unwise to contribute to the same equity index fund in both taxable and IRA account? [Preparing for TLH]
Replies: 12
Views: 849

Re: Unwise to contribute to the same equity index fund in both taxable and IRA account? [Preparing for TLH]

I use different funds. Our taxable account is much bigger than tax-advantaged accounts. It's easy enough to use balanced and bond funds in tax-advantaged and index funds in taxable.
by goingup
Thu Jul 20, 2017 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Thoughts on life insurance while young…
Replies: 10
Views: 811

Re: Thoughts on life insurance while young…

At your age, with no kids or mortgage I would not bother with life insurance. Do you both have policies through work? Often a work policy is 1X your salary. Don't divert your retirement savings to insurance at your age. You will plenty reason to get life insurance when you marry, have kids, a mortga...
by goingup
Thu Jul 20, 2017 2:40 pm
Forum: Personal Consumer Issues
Topic: car lease buyout at term end - how negotiable?
Replies: 23
Views: 1621

Re: car lease buyout at term end - how negotiable?

It's negotiable. Do it soon. You have more leverage if you have time and miles left. You can walk away after the final payment and they know that. (It's been awhile since we actually purchased a lease so I don't recall the details...)
by goingup
Thu Jul 20, 2017 9:07 am
Forum: Personal Consumer Issues
Topic: Putting Your Furniture in Storage
Replies: 13
Views: 908

Re: Putting Your Furniture in Storage

When my dad became a widower at age 70 he lived in the family home for one year. Then he sold/donated everything. He said all he wanted to own must fit in the trunk of a car (big Cadillac :D ). He lived in furnished condos until he bought a home and bought all new furnishings. Not sure if I would do...
by goingup
Thu Jul 20, 2017 8:45 am
Forum: Investing - Theory, News & General
Topic: Slow, steady AA glide path as long as stocks hit new highs?
Replies: 21
Views: 1905

Re: Slow, steady AA glide path as long as stocks hit new highs?

Do many others go slow and steady like this or are folks doing it in a more chunky manner? WarChest- I'm not a fan of trimming equities in investing. Directing new contributions to stay in balance works. My suggestion is to choose an allocation and get there. Then use 5%-10% bands to stay there. Co...
by goingup
Thu Jul 20, 2017 8:28 am
Forum: Investing - Theory, News & General
Topic: Most Americans don't trust financial advisers
Replies: 62
Views: 5446

Re: Most Americans don't trust financial advisers

I disagree with the article's insinuation that people should seek advisers. Investing isn't like any other subject - it's vitally important. Done right, investment returns have the potential to make you more money than your regular job over the course of a lifetime. I think that people should read ...
by goingup
Thu Jul 20, 2017 8:12 am
Forum: Investing - Help with Personal Investments
Topic: Can anyone convince me I need international stock in my portfolio?
Replies: 162
Views: 7312

Re: Can anyone convince me I need international stock in my portfolio?

Here's a wonderful thread Taylor Larimore started last August on the subject of how much International to hold. viewtopic.php?t=196956

The suggestion is 20% International (of stocks) which suits many investors, especially agnostics.
by goingup
Wed Jul 19, 2017 9:23 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Windhaven for SimpleIRA
Replies: 8
Views: 243

Re: Schwab Windhaven for SimpleIRA

As mentioned above, you could have Schwab pull monthly/quarterly from a checking account into your wife's IRA. Ideally, you would be able to set up an automatic purchase of a fund or several funds. (My choice would be a low-cost Target fund.) Schwab is a fine broker, but I think you're getting skewe...
by goingup
Wed Jul 19, 2017 7:50 am
Forum: Personal Consumer Issues
Topic: Dilemma about car dealership service bill error
Replies: 29
Views: 2285

Re: Dilemma about car dealership service bill error

I ended up talking to the service manager and he apologized for the mistake. He offered a discount on the parts and I paid over the phone. I appreciate this forum as a sounding board for any ethical gray areas pertaining to money. Thanks for all your input! I'd consider that a good outcome. :beer
by goingup
Tue Jul 18, 2017 11:11 am
Forum: Personal Consumer Issues
Topic: Dilemma about car dealership service bill error
Replies: 29
Views: 2285

Re: Dilemma about car dealership service bill error

The quality of the repair is fine, they replaced the broken parts and they work for now. It's the customer service and disorganization on their end that has been subpar. If I have to go back in to pay for the parts they didn't charge me for, this will literally be the 7th trip I've made to the deal...
by goingup
Tue Jul 18, 2017 10:00 am
Forum: Personal Consumer Issues
Topic: Dilemma about car dealership service bill error
Replies: 29
Views: 2285

Re: Dilemma about car dealership service bill error

I'd be annoyed for sure, but I'd call back and find out the full story. Why were you quoted the price without parts? Seems odd. I'd pay the bill, recognizing that somebody screwed up but that the repair was done, and parts installed. Truthfully, if somebody had quoted me $95 for 2 parts and labor at...
by goingup
Tue Jul 18, 2017 9:26 am
Forum: Personal Consumer Issues
Topic: Favorite Florida "middle" keys restaurant?
Replies: 17
Views: 1282

Re: Favorite Florida "middle" keys restaurant?

It's been several years since we were last in the Keys. We liked Herbie's in Marathon for a fish sandwich, draft beer and Key Lime pie.http://www.herbiesrestaurant.com
by goingup
Tue Jul 18, 2017 9:08 am
Forum: Investing - Help with Personal Investments
Topic: Good Service for Flagship Investors
Replies: 27
Views: 2756

Re: Good Service for Flagship Investors

I've had excellent experiences over the years. I'm not high maintenance though. Low touch. It's not hard to imagine how frustrating it would be to have had screw-ups, mix-ups or being unable to reach a representative. These types of problems seem to create a visceral anger with investors, in a way t...
by goingup
Mon Jul 17, 2017 1:24 pm
Forum: Investing - Help with Personal Investments
Topic: In my 30s with extra 30K - Opinion about portfolio
Replies: 11
Views: 1025

Re: In my 30s with extra 30K - Opinion about portfolio

Open a taxable account. Use tax-efficient funds such as Total Stock Market and Total International Market. Keep REITs in an IRA. Hold bonds in a 401K . If you're in a high tax bracket and want to hold bonds in this taxable account, use muni bond funds. You do not want Total Bond or REIT in your tax...
by goingup
Mon Jul 17, 2017 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Need clarification after reading Boglehead page on reinvesting taxable dividends or not
Replies: 10
Views: 744

Re: Need clarification after reading Boglehead page on reinvesting taxable dividends or not

I've always reinvested dividends in all accounts. The taxes are the same regardless.

My reason is to get reinvested immediately, without delay or decision making. I try to automate as much as reasonably possible.
by goingup
Mon Jul 17, 2017 8:50 am
Forum: Investing - Help with Personal Investments
Topic: In my 30s with extra 30K - Opinion about portfolio
Replies: 11
Views: 1025

Re: In my 30s with extra 30K - Opinion about portfolio

Open a taxable account. Use tax-efficient funds such as Total Stock Market and Total International Market. Keep REITs in an IRA. Hold bonds in a 401K . If you're in a high tax bracket and want to hold bonds in this taxable account, use muni bond funds.
by goingup
Mon Jul 17, 2017 8:19 am
Forum: Investing - Theory, News & General
Topic: Do you pay fees to buy funds or ETFs?
Replies: 46
Views: 2646

Re: Do you pay fees to buy funds or ETFs?

It's wonderful that ERs have got so rock-bottom low, but it would appear a lot of the savings is being bled away by these trading costs (Full disclosure, I'm a mid-50s fund buyer and I haven't ever paid a fee to buy a fund.) It's easy to get lulled into thinking that trading fees don't amount to mu...
by goingup
Sat Jul 15, 2017 8:42 am
Forum: Investing - Theory, News & General
Topic: Taxes Due When Converting International to US Stock Fund?
Replies: 13
Views: 870

Re: Taxes Due When Converting International to US Stock Fund?

Hello! I am considering selling my Vanguard international stock fund and moving the money immediately to a US total market stock fund. Would this move be considered between two substantially equivalent funds so that tax would not be due? Or would they be considered different by the IRS and tax due?...
by goingup
Fri Jul 14, 2017 1:08 pm
Forum: Personal Finance (Not Investing)
Topic: Finance Q for those that have gone through Divorce
Replies: 36
Views: 2532

Re: Finance Q for those that have gone through Divorce

I have seen friends divorces drag on (and on) because of spousal support issue. Unless she can support herself in the manner you both live in now, you're on hook for more than a couple thousand for a couple years.
by goingup
Fri Jul 14, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: portfolio growth - compounding vs savings
Replies: 15
Views: 1562

Re: portfolio growth - compounding vs savings

Here's a recent related thread. https://www.bogleheads.org/forum/viewtopic.php?t=218897 The point at which compounding (portfolio growth) outstrips your contributions depends on a few factors. It helps to have a rising market. Usually time helps. I "felt" the compounding effect when our po...
by goingup
Fri Jul 14, 2017 8:41 am
Forum: Investing - Theory, News & General
Topic: Do you pay fees to buy funds or ETFs?
Replies: 46
Views: 2646

Re: Do you pay fees to buy funds or ETFs?

BHs- A question to individual forum members: Do you pay a fee to purchase the funds or ETFs you invest in? I ask this question because posts so casually mention spending $2.95, $4.95, $7, $19.99 etc to purchase funds/ETFs. How did this become normal? I don't think people mentioned these fees a few ...
by goingup
Thu Jul 13, 2017 4:55 pm
Forum: Investing - Theory, News & General
Topic: Do you pay fees to buy funds or ETFs?
Replies: 46
Views: 2646

Re: Do you pay fees to buy funds or ETFs?

It seems most respondents aren't paying fees to purchase funds/ETFs. I wonder how representative that is of the forum or the investing population at large.

It's easy to get lulled into thinking that trading fees don't amount to much, but they are insidious--like ATM fees.
by goingup
Thu Jul 13, 2017 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity on the Cutting Edge! Or Big Brother is coming. Dunno
Replies: 6
Views: 1025

Re: Fidelity on the Cutting Edge! Or Big Brother is coming. Dunno

I activated the voice verification feature at Vanguard. I haven't called them since so I'm not sure how it actually works. It's nice knowing it's there though.
by goingup
Thu Jul 13, 2017 2:40 pm
Forum: Investing - Theory, News & General
Topic: Do you pay fees to buy funds or ETFs?
Replies: 46
Views: 2646

Do you pay fees to buy funds or ETFs?

BHs- A question to individual forum members: Do you pay a fee to purchase the funds or ETFs you invest in? I ask this question because posts so casually mention spending $2.95, $4.95, $7, $19.99 etc to purchase funds/ETFs. How did this become normal? I don't think people mentioned these fees a few y...
by goingup
Thu Jul 13, 2017 2:20 pm
Forum: Personal Consumer Issues
Topic: Hotel tipping: how much to leave?
Replies: 72
Views: 3619

Re: Hotel tipping: how much to leave?

$2-3 per night, left on or near pillow, so they know it's a tip. After reading this thread I'm going to up that amount to $3-4.
by goingup
Thu Jul 13, 2017 2:15 pm
Forum: Investing - Theory, News & General
Topic: Why Simple beats complex
Replies: 71
Views: 6560

Re: Why Simple beats complex

There's no insinuation that it is the only thing that matters, and indeed, there are situations where diversification trumps costs. I don't think simplicity precludes diversification! The problem is that there is no definition of simplicity or complexity. Bogleheads can't agree on the accounting te...
by goingup
Wed Jul 12, 2017 7:19 pm
Forum: Investing - Help with Personal Investments
Topic: Looking to jump here from UBS, need some portfolio help
Replies: 7
Views: 546

Re: Looking to jump here from UBS, need some portfolio help

I wouldn't worry about picking funds just yet. Find out which custodian you want. I'm a Vanguard fan, but Schwab might be a better place for you if you want to keep any of those taxable ETFs, especially if they have gains. Schwab may give you free trades to sell them or reimburse for UBS account clo...
by goingup
Wed Jul 12, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: another American Funds question
Replies: 5
Views: 438

Re: another American Funds question

It was explained above and I agree. *The front load fee is charged only once on your contribution. Dividends and cap gains don't get charged the load. Had you made additional contributions, each would be charged the load fee. *$35 is charged by your broker *12b-1 fees are included in the fund's Expe...
by goingup
Wed Jul 12, 2017 9:29 am
Forum: Investing - Theory, News & General
Topic: Why Simple beats complex
Replies: 71
Views: 6560

Re: Why Simple beats complex

I think you either embrace simplicity as an organizing principle in your financial and investing life or you don't. Ask yourself this question: Do I value simplicity? If the answer is yes, you'll view every investing action or inaction through this prism. Simplifying for me meant consolidating custo...
by goingup
Tue Jul 11, 2017 3:28 pm
Forum: Personal Finance (Not Investing)
Topic: Is this the right way to measure investment performance
Replies: 9
Views: 527

Re: Is this the right way to measure investment performance

Have you tried using the Portfolio Visualizer tool? It might give you an idea of what your returns would be in you had a 50/50 portfolio and added a fixed amount each year. https://www.portfoliovisualizer.com/backtest-asset-class-allocation As others have said, it's water under the bridge. You're wh...
by goingup
Tue Jul 11, 2017 3:16 pm
Forum: Investing - Help with Personal Investments
Topic: TD Ameritrade vs Vanguard for Vanguard ETFs?
Replies: 40
Views: 2187

Re: TD Ameritrade vs Vanguard for Vanguard ETFs?

Of course you can tax-loss harvest mutual fund shares. Those of us with mutual funds were tax-loss harvesting before ETFs even existed. :annoyed
by goingup
Sun Jul 09, 2017 9:36 am
Forum: Investing - Help with Personal Investments
Topic: One Fund in Roth/Taxable
Replies: 13
Views: 1408

Re: One Fund in Roth/Taxable

What you're doing is OK. When we first had Roths and taxable accounts we used a Target fund in the Roth, and only tax-efficient index funds in taxable. I like your thoughts about simplicity, but you might want a little more diversification.
by goingup
Fri Jul 07, 2017 2:40 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation Precluding DCA
Replies: 25
Views: 1165

Re: Asset Allocation Precluding DCA

That, instead, is called "market timing" :) Well if auto purchases monthly and quarterly for 20 years is market timing, I'd recommend that to anyone as a lazy, hands-off way to accumulate wealth. :beer The market timing part is in deviating from your asset allocation because you are on a ...
by goingup
Fri Jul 07, 2017 1:53 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation Precluding DCA
Replies: 25
Views: 1165

Re: Asset Allocation Precluding DCA

However, automatic purchases into stock funds has been going strong for nearly 20 years and I'm not changing that. That, instead, is called "market timing" :) Well if auto purchases monthly and quarterly for 20 years is market timing, I'd recommend that to anyone as a lazy, hands-off way ...
by goingup
Fri Jul 07, 2017 1:27 pm
Forum: Investing - Theory, News & General
Topic: Asset Allocation Precluding DCA
Replies: 25
Views: 1165

Re: Asset Allocation Precluding DCA

However, automatic purchases into stock funds has been going strong for nearly 20 years and I'm not changing that. That, instead, is called "market timing" :) Well if auto purchases monthly and quarterly for 20 years is market timing, I'd recommend that to anyone as a lazy, hands-off way ...
by goingup
Fri Jul 07, 2017 11:38 am
Forum: Investing - Theory, News & General
Topic: Asset Allocation Precluding DCA
Replies: 25
Views: 1165

Re: Asset Allocation Precluding DCA

Maybe consider using a Target fund or blended fund if you're DCAing into an IRA or periodically contributing to your 401K. That way you're always contributing to everything. Like you, we are adding the most money to bonds and cash in our portfolio. However, automatic purchases into stock funds has b...
by goingup
Fri Jul 07, 2017 10:50 am
Forum: Personal Finance (Not Investing)
Topic: Buy a vehicle cash or finance?
Replies: 58
Views: 3551

Re: Buy a vehicle cash or finance?

I have to say there is a special joy associated with paying for a car in cash. No monthly payment annoyance. Just simple. Since it was always your plan to save cash to purchase the car outright, I'd execute the plan. You know what they say...good planning is its own reward. :beer
by goingup
Fri Jul 07, 2017 10:22 am
Forum: Investing - Theory, News & General
Topic: William Bernstein on Meb Faber's podcast
Replies: 54
Views: 6597

Re: William Bernstein on Meb Faber's podcast

Thanks for posting. It's a great hour of listening. Around minute 37-38 Bill talks about the value of using Lifecycle or Target funds for investors. He suggests saving 15-20% of salary and not to even look at statements. Using a 3-fund portfolio is a bit more complex. Since you should keep track of ...
by goingup
Thu Jul 06, 2017 2:13 pm
Forum: Investing - Theory, News & General
Topic: Dividend Misunderstandings & Only Spend Return
Replies: 282
Views: 13780

Re: Dividend Misunderstandings & Only Spend Return

Our retirement income streams will include rents, royalties and dividends. We like income streams and there is no misunderstanding. Sure, we can and will sell shares to fund retirement as well. I see no problem with appreciating dividends as part of a total return strategy. I think the misunderstand...
by goingup
Thu Jul 06, 2017 2:02 pm
Forum: Personal Finance (Not Investing)
Topic: Credit score much lower than expected: 711
Replies: 21
Views: 1330

Re: Credit score much lower than expected: 711

Many credit cards and banks will give you a FICO for free. I can get a FICO from USAA, my bank, and 2 of our CCs. You probably can too.

I've read you need a FICO of 740 to get better mortgage rates.
by goingup
Thu Jul 06, 2017 10:32 am
Forum: Investing - Theory, News & General
Topic: What is a "sleeve"?
Replies: 34
Views: 3115

Re: What is a "sleeve"?

All joking aside, a sleeve is an acronym in retirement planning for a method to provide a "floor" in retirement income. One can think of retirement planning as having two main components - wealth accumulation and then at retirement, wealth decumulation. It's the end stage when you retire ...

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