Search found 112 matches

by gundlached
Wed May 16, 2018 10:01 am
Forum: Investing - Theory, News & General
Topic: 2018 401k limit is $55K - do you max it out? Why/why not?
Replies: 110
Views: 9900

Re: 2018 401k limit is $55K - do you max it out? Why/why not?

We just realized that the 401k contribution limit is $55K. We always thought it was $18.5K, but just found out that $18.5K is the elective deferral portion but we can choose to contribute to it on a post-tax basis. A bit late to the game... :oops: Theoretically, if we are able to, should we max out...
by gundlached
Tue May 15, 2018 8:57 pm
Forum: Investing - Theory, News & General
Topic: 2018 401k limit is $55K - do you max it out? Why/why not?
Replies: 110
Views: 9900

Re: 2018 401k limit is $55K - do you max it out? Why/why not?

We just realized that the 401k contribution limit is $55K. We always thought it was $18.5K, but just found out that $18.5K is the elective deferral portion but we can choose to contribute to it on a post-tax basis. A bit late to the game... :oops: Theoretically, if we are able to, should we max out...
by gundlached
Mon May 14, 2018 12:13 pm
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7040

Re: Is there a boglehead muscle car?

El Greco wrote:
Mon May 14, 2018 8:57 am
Boglehead muscle car?

A 25 year old Toyota Camry with a spoiler.
In "champagne" beige
by gundlached
Mon May 14, 2018 12:08 pm
Forum: Personal Consumer Issues
Topic: Is there a boglehead muscle car?
Replies: 138
Views: 7040

Re: Is there a boglehead muscle car?

warowits wrote:
Mon May 14, 2018 8:34 am
A Suburu WRX with snow tires.
+1
by gundlached
Sun Apr 29, 2018 6:49 am
Forum: Personal Finance (Not Investing)
Topic: Those with high savings rate: why?
Replies: 246
Views: 31201

Re: Those with high savings rate: why?

leftcoaster wrote:
Thu Mar 15, 2018 8:49 pm
To pay for the luggage rack on the hearse at my funeral.
+1
by gundlached
Sun Apr 29, 2018 6:39 am
Forum: Investing - Help with Personal Investments
Topic: Buying primecap now - a mistake?
Replies: 14
Views: 1434

Re: Buying primecap now - a mistake?

Do you have an asset allocation? Does this stock fund fit as part of your stock allocation?
by gundlached
Sat Apr 28, 2018 10:26 am
Forum: Personal Consumer Issues
Topic: Home Theater Stereo/Speakers
Replies: 72
Views: 5001

Re: Home Theater Stereo/Speakers

LarryAllen wrote:
Sat Apr 28, 2018 10:16 am
We got the big old system and NEVER use it. Watch TV too much but never use the surround sound. Wouldn't bother with it when we move. Waste of money to us.
You can hook it up to the cable box so that the cable remote controls the volume
by gundlached
Sat Apr 28, 2018 10:15 am
Forum: Personal Consumer Issues
Topic: Home Theater Stereo/Speakers
Replies: 72
Views: 5001

Re: Home Theater Stereo/Speakers

Sony does not have a good reputation for speakers. For speakers, go with a company that only makes speakers (i.e., avoid those that also make tvs or receivers), with the notable exception of Pioneer Andrew Jones series.
by gundlached
Sat Apr 28, 2018 9:34 am
Forum: Personal Consumer Issues
Topic: Comfortable Commuter Cars under $50K
Replies: 81
Views: 5747

Re: Comfortable Commuter Cars under $50K

Mid 30s with '16 Avalon. Different income picture--I wanted the cheapest Japanese sedan with a V6 when I was shopping. For my zip code at the time, it was the Avalon (even less than Camry). That may not be the case today. I enjoy the Avalon very much--plenty of power and comfortable interior. I also...
by gundlached
Mon Apr 16, 2018 8:21 am
Forum: Personal Finance (Not Investing)
Topic: Users of Clarity Money?
Replies: 1
Views: 510

Re: Users of Clarity Money?

I see today that Goldman is buying them out. Did you ever start using?
by gundlached
Sat Apr 14, 2018 10:05 pm
Forum: Personal Finance (Not Investing)
Topic: Summary of Emergency Fund Options
Replies: 16
Views: 1863

Re: Summary of Emergency Fund Options

You seem to be mentioning stock funds for an emergency fund. I would respectfully disagree with that approach. Ine ahould have 6 months of expenses in cash or bonds, whether in the portfolio or a separate emergency fund. But not stocks.
by gundlached
Wed Mar 28, 2018 3:00 pm
Forum: Investing - Theory, News & General
Topic: Anyone hold any defensive funds in their portfolio?
Replies: 41
Views: 3644

Re: Anyone hold any defensive funds in their portfolio?

Was looking at some defensive funds like VPU Vanguard Utilities ETF ER 0.10 or VDC Vanguard Consumer Staples ETF ER 0.10. Anyone hold any of these? Would think these could cushion the blow of large market downturn a bit. Thoughts? Any other funds in this category? I used to. Have accepted that thes...
by gundlached
Tue Mar 27, 2018 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Is anyone buying CDs now instead of I bonds?
Replies: 22
Views: 3462

Re: Is anyone buying CDs now instead of I bonds?

Whenever CDs and iBonds are compared it seems to me people are comparing apples to oranges. I buy iBonds as part of my inflation-protected bond allocation and also to extend my tax deferred space. CDs would accomplish neither of these things. I suppose if you view Fixed Income as one space it might...
by gundlached
Tue Mar 27, 2018 10:22 am
Forum: Personal Consumer Issues
Topic: St. Augustine long weekend...rental car needed?
Replies: 11
Views: 1160

Re: St. Augustine long weekend...rental car needed?

CriticalCareJunkie wrote:
Mon Mar 26, 2018 8:35 pm
gundlached wrote:
Mon Mar 26, 2018 7:53 pm
Stay at the Casa Monica. Nay to rental car.
Casa Monica is great. Hilton Bayfront is also quite nice.
I walked through Hilton and it was also nice. Casa Monica is supposedly haunted and I thought it was cooler. It is also Marriott so you can use points.

Uber is active in St. Augustine.
by gundlached
Mon Mar 26, 2018 7:53 pm
Forum: Personal Consumer Issues
Topic: St. Augustine long weekend...rental car needed?
Replies: 11
Views: 1160

Re: St. Augustine long weekend...rental car needed?

Stay at the Casa Monica. Nay to rental car.
by gundlached
Sat Mar 24, 2018 11:23 pm
Forum: Personal Finance (Not Investing)
Topic: Recently Engaged, Considering Joint Account(s)
Replies: 26
Views: 1583

Re: Recently Engaged, Considering Joint Account(s)

Yea to joint checking account for shared expenses. Nay to adding joint holder on more significant $ accounts before marriage (there is a difference between a spouse and everything else).
by gundlached
Tue Feb 20, 2018 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: What's your cash position
Replies: 105
Views: 10364

Re: What's your cash position

10% of portfolio in cash/IBonds. Target portfolio bond duration of 3.0 years. Portfolio Asset Allocation is 30% Stock / 70% Bond.

I am comfortable with a bond duration of 3.0 years.
by gundlached
Mon Feb 19, 2018 7:53 am
Forum: Personal Consumer Issues
Topic: Bogleheads with $100K+ MSRP cars?
Replies: 113
Views: 13296

Re: Bogleheads with $100K+ MSRP cars?

My Toyota Avalon feels like a $100k+ ride to me! :sharebeer
by gundlached
Sat Feb 17, 2018 10:40 pm
Forum: Personal Consumer Issues
Topic: PSA: Bank of America now charges $12/month for checking
Replies: 103
Views: 7226

Re: PSA: Bank of America now charges $12/month for checking

Pajamas wrote:
Wed Feb 14, 2018 1:23 pm
Seems like you expect a lot for next to nothing. As a BoA shareholder, I am glad to see that they are instituting fees to cover the cost of providing services to you.
You, sir, are a credit to capitalism.
by gundlached
Mon Feb 12, 2018 11:40 am
Forum: Personal Consumer Issues
Topic: Does it ever make sense to buy a new car?
Replies: 103
Views: 7213

Re: Does it ever make sense to buy a new car?

When buying a Toyota Avalon in June 2016, new made more sense than used based on what I saw in the market. Unless used car prices have reduced since then, I think new can still make sense for the indestructible Japanese econoboxes.
by gundlached
Mon Feb 12, 2018 9:08 am
Forum: Personal Consumer Issues
Topic: Are Password Managers Really Necessary?
Replies: 129
Views: 8034

Re: Are Password Managers Really Necessary?

I can't imagine not having a password system of some kind. I just use a password protected excel file with 100+ usernames and passwords. Security might not be as sophisticated as some of the branded online managers, but then again, it's not on the cloud.
by gundlached
Fri Feb 09, 2018 11:24 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken Premier 5-year subscription $0 (free) on quicken website
Replies: 161
Views: 10706

Re: Quicken Premier 5-year subscription $0 (free) on quicken website

Well It's now 40% off thru the weekend it looks like. I'm going to go ahead and subscribe for a year I think, having my wife start a budget has already saved me more than a year's subscription cost. I would go to Moneydance, but I don't think it will automatically pull from my Credit Union. Are you...
by gundlached
Sun Feb 04, 2018 1:05 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken Premier 5-year subscription $0 (free) on quicken website
Replies: 161
Views: 10706

Re: Quicken Premier 5-year subscription $0 (free) on quicken website

+1 mine still works If it's a new install, check that the software is still available for download. My version is not, so I stopped. (I had already deleted the 2018 version.) No software means 2 things: 1. You have no backup and will have to purchase the software if you need it. 2. The subscription...
by gundlached
Sun Feb 04, 2018 12:19 pm
Forum: Personal Finance (Not Investing)
Topic: Quicken Premier 5-year subscription $0 (free) on quicken website
Replies: 161
Views: 10706

Re: Quicken Premier 5-year subscription $0 (free) on quicken website

The party's over. Quicken Premier is now showing for $67.49/yr (first year discount). The purchase is officially killed: QUICKEN PREMIER 2018 DIRECT DOWNLOAD 5YR Platform: N/A Date Purchased: February 4, 2018 Service Ends: February 3, 2019 Not available for Download • However, my Quicken 2015 is st...
by gundlached
Sat Feb 03, 2018 8:57 am
Forum: Personal Finance (Not Investing)
Topic: Do you live on a budget?
Replies: 65
Views: 3746

Re: Do you live on a budget?

Yes I used mint and now quicken. Without a budget I spend my entire check.
by gundlached
Wed Dec 06, 2017 10:57 pm
Forum: Personal Consumer Issues
Topic: I received a speeding ticket via mail from IA - should I pay it?
Replies: 72
Views: 5661

Re: I received a speeding ticket via mail from IA - should I pay it?

For chump change of $100 I would just pay and just not cut a break in traffic to the next person with an Iowa license plate you encounter
by gundlached
Tue Dec 05, 2017 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Received promotion offer at work and trying to negotiate the pay increase portion.
Replies: 31
Views: 2634

Re: Received promotion offer at work and trying to negotiate the pay increase portion.

Considering the bonus I'd take #2. Outside offers are often more because they need to lure someone like you out of your current org, which is a nuisance for most. With the bonus that's around 14%. And you can always still entertain other offers. What reason would your boss have to lie to you abt the...
by gundlached
Tue Oct 17, 2017 8:29 am
Forum: Personal Consumer Issues
Topic: What are you driving? And would you buy your current ride again?
Replies: 130
Views: 8920

Re: What are you driving? And would you buy your current ride again?

2016 Toyota Avalon XLE bought new. At the time, used car prices were nosebleed, so why not just buy a new one. I love it and would buy again. No problems so far and it is really a joy to drive. It was actually a pretty good deal compared to a V6 Camry or Accord (about the same price). I guess the ol...
by gundlached
Thu Jul 20, 2017 2:55 pm
Forum: Investing - Help with Personal Investments
Topic: Windfall: Buy or wait?
Replies: 31
Views: 4426

Re: Windfall: Buy or wait?

That scary feeling is your risk tolerance. The time to invest is now, but your allocation to stocks should likely be lower than you realize. If investing now at 90/10 is scary to you, than it will always be scary to you.

I am 60/40 and comfortable holding through all of the concerns you stated.
by gundlached
Fri Jul 14, 2017 7:12 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 166
Views: 21473

Re: How are folks handling the unprecedented rise in the market ?

Staying the course with 60/40 at age 32. If it crashes, I shall back up the truck.

Buying a house makes me more nervous than my retirement account.
by gundlached
Thu Jun 01, 2017 2:08 pm
Forum: Investing - Theory, News & General
Topic: What do you hold while waiting for a good CD?
Replies: 20
Views: 2362

Re: What do you hold while waiting for a good CD?

oldcomputerguy wrote:
If you’d prefer a CD with a nice yield premium instead of a Treasury of similar duration, what do you do while waiting?
I invest in index funds and get on with my life.
This made my day. Not at all helpful, but still made my day.
by gundlached
Sat May 27, 2017 1:44 pm
Forum: Investing - Help with Personal Investments
Topic: Move cash from Ally to Vanguard?
Replies: 5
Views: 1536

Re: Move cash from Ally to Vanguard?

I prefer cash in fdic account like Ally vs. MM. Then again, I am a worrywart.
by gundlached
Tue May 09, 2017 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Boglehead Debt Free Scream! 174K in 53 months
Replies: 24
Views: 4203

Re: Boglehead Debt Free Scream! 174K in 53 months

I love it I love it I love it

But now the real fun begins
by gundlached
Tue May 02, 2017 8:18 am
Forum: Investing - Help with Personal Investments
Topic: Buying Individuals Stocks In A Roth IRA?
Replies: 7
Views: 1210

Re: Buying Individuals Stocks In A Roth IRA?

"Your scientists were so preoccupied with whether or not they could, they didn’t stop to think if they should."
-Jurassic Park
by gundlached
Fri Apr 21, 2017 9:19 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe says "Goodbye."
Replies: 336
Views: 47715

Re: Larry Swedroe says "Goodby."

:oops:
Thanks, Larry.
by gundlached
Tue Mar 07, 2017 5:47 pm
Forum: Investing - Help with Personal Investments
Topic: how often do you shrug at your IPS? [Investment policy statement]
Replies: 50
Views: 4922

Re: how often do you shrug at your IPS?

I never included emergency fund in my IPS. Natural selection has ensured that, by nature, I never ever mess around with the emergency fund--no written statement is necessary.

My IPS is important to me primarily to prevent me from changing my AA on a whim.
by gundlached
Sat Feb 25, 2017 9:37 am
Forum: Investing - Theory, News & General
Topic: Extreme Valuations, and why you should reconsider
Replies: 307
Views: 26448

Re: Extreme Valuations, and why you should reconsider

gundlached If the ERP is still within historical norms but largely because real yield is low, is it "reaching for yield" to ignore a nominal predictor like CAPE? For example, would an investor with a risk tolerance of 60/40 have cause to adjust the AA toward more bonds? First, the answer should mos...
by gundlached
Fri Feb 24, 2017 11:57 pm
Forum: Investing - Theory, News & General
Topic: Market Run Ups - Now vs. Then
Replies: 88
Views: 8418

Re: Market Run Ups - Now vs. Then

I've lived through the 2000 and 2008-2009 market crashes....different circumstances, both devastating. I'm far more diversified now than before, and I have an asset allocation better suited to weather deep dives, etc. - and yet, my stomach still gets queasy when I see run ups. It's hard to shake of...
by gundlached
Fri Feb 24, 2017 8:38 pm
Forum: Investing - Theory, News & General
Topic: Extreme Valuations, and why you should reconsider
Replies: 307
Views: 26448

Re: Extreme Valuations, and why you should reconsider

willthrill Sorry you can protest all you want but it literally makes no sense without considering what I told you. If you based it on belief that valuations are too high, I completely agree that is market timing. If you base it on your assumptions changing it is clearly not market timing. Don't kno...
by gundlached
Thu Jan 26, 2017 12:16 pm
Forum: Investing - Theory, News & General
Topic: Any opinions on VDIGX vs VIG? (Vanguard Div Growth vs Div Apprec)
Replies: 12
Views: 2296

Re: Any opinions on VDIGX vs VIG? (Vanguard Div Growth vs Div Apprec)

I would avoid both like the plague. Lots of old people who think dividends are magical free money have piled into high dividend funds in search for yield and bid up prices. Just look at the P/B's of those funds (over 4). They might keep going up for a while, but eventually they will crash hard. Of ...
by gundlached
Thu Jan 26, 2017 9:32 am
Forum: Investing - Theory, News & General
Topic: Any opinions on VDIGX vs VIG? (Vanguard Div Growth vs Div Apprec)
Replies: 12
Views: 2296

Re: Any opinions on VDIGX vs VIG? (Vanguard Div Growth vs Div Apprec)

I would avoid both like the plague. Lots of old people who think dividends are magical free money have piled into high dividend funds in search for yield and bid up prices. Just look at the P/B's of those funds (over 4). They might keep going up for a while, but eventually they will crash hard. Of ...
by gundlached
Sat Jan 21, 2017 11:16 pm
Forum: Personal Consumer Issues
Topic: Getting Subaru Legacy(4Cyl 2.5L or V6 3.6R?)
Replies: 56
Views: 13370

Re: Getting Subaru Legacy(4Cyl 2.5L or V6 3.6R?)

The only problem with the 3.6 is you have to buy the upper trim with it, which makes it a ~$35k car. Then you paid $35k for a Legacy. Huh?? The MSRP for the Legacy Limited (top trim level) is $29,660 for the 2.5 and $32,460 for the 3.6. So, the larger engine costs nearly $3k more, but it doesn't ta...
by gundlached
Sat Jan 21, 2017 10:14 pm
Forum: Personal Consumer Issues
Topic: Getting Subaru Legacy(4Cyl 2.5L or V6 3.6R?)
Replies: 56
Views: 13370

Re: Getting Subaru Legacy(4Cyl 2.5L or V6 3.6R?)

I've noticed what seems to be a Boglehead forum trend of Subaru enthusiasts. I've never owned a Subaru. I'm sure like most car buying, much of it is personal preference. I'm curious, from the Subaru owners on here what makes you a Subaru fan as opposed to other brands like Toyota, Honda, etc.? Than...
by gundlached
Sat Jan 21, 2017 9:59 pm
Forum: Personal Consumer Issues
Topic: Getting Subaru Legacy(4Cyl 2.5L or V6 3.6R?)
Replies: 56
Views: 13370

Re: Getting Subaru Legacy(4Cyl 2.5L or V6 3.6R?)

I test drove 2016 3.6 Legacy V6 and 4Cyl. They only had 1 V6 on the lot...it clearly is not their bread and butter. They are selling to people who care more about awd than 6cyl. I wouldn't consider the 4cyl. The V6 is a much better driving experience. I wound up with a V6 Toyota Avalon because it wa...
by gundlached
Thu Jan 05, 2017 5:15 pm
Forum: Personal Finance (Not Investing)
Topic: MA no longer offers state-run tax e-filing
Replies: 6
Views: 1000

Re: MA no longer offers state-run tax e-filing

A note for MA state filers who appreciate their excellent system allowing direct entry and efiling of your state taxes through the state web site-- it's gone. They've switched to a new "improved" online revenue system, and no longer do that. They have agreements with commercial providers to offer n...
by gundlached
Thu Jan 05, 2017 4:29 pm
Forum: Investing - Help with Personal Investments
Topic: FUSEX vs DODGX in 401k
Replies: 1
Views: 434

Re: FUSEX vs DODGX in 401k

Hello, Both FUSEX and VFINX are S&P500 index funds. DODGX is an actively managed large cap value fund. DODGX had a good year. Over a 10 year period, it trails S&P 500. Both time periods are likely arbitrary. DODGX sector weightings can vary greatly from the index and can change over time. 2008 and 2...
by gundlached
Wed Dec 14, 2016 10:40 pm
Forum: Investing - Theory, News & General
Topic: Are bond funds really low-risk?
Replies: 43
Views: 4508

Re: Are bond funds really low-risk?

No they are not. If you want something that is extremely unlikely to fall in value, you should seek money market or bank account. Stable value is also low risk.

Bonds will rise and fall. They are a risky asset. Though far less risky than stocks.
by gundlached
Fri Dec 09, 2016 8:00 pm
Forum: Local Chapters and Bogleheads Community
Topic: How Did You Become A Boglehead? What Led You Here?
Replies: 168
Views: 18901

Re: How Did You Become A Boglehead? What Led You Here?

Morningstar led me here. It actually took me a while to embrace the index fund approach.
by gundlached
Thu Oct 13, 2016 12:44 pm
Forum: Investing - Theory, News & General
Topic: Is Morningstar Premium worth it?
Replies: 18
Views: 4788

Re: Is Morningstar Premium worth it?

I have it and use it regularly--mainly to look at various bond funds (for investing, tsk tsk) and find out what is going on with company specific stocks and actively managed equity funds (for entertainment).

That said, if you are a true Boglehead, you really do not need it.