Search found 915 matches

by gvsucavie03
Tue Feb 09, 2016 5:03 pm
Forum: Investing - Help with Personal Investments
Topic: Target Date
Replies: 8
Views: 609

Re: Target Date

Here is follow up information: The ER is 0.09% for the following 2055 target date fund offered through our 457 plan: Underlying fund holdings: Equity Index Fund E (US Large Cap) 40.7 % BlackRock MSCI ACWI ex IMI Index Fund E (International Stocks) 30.6% Developed Real Estate Index Fund E (Developed...
by gvsucavie03
Tue Feb 09, 2016 4:56 pm
Forum: Investing - Help with Personal Investments
Topic: Seeking portfolio review and saving advice.
Replies: 5
Views: 266

Re: Seeking portfolio review and saving advice.

Edge_16 wrote:
Too lazy to do Roth??

:) just feel that whole backdoor roth conversion might be too complicated hence procrastinating on this one..


That's another 11k/year not getting taxed as it turns over or creates income...
by gvsucavie03
Tue Feb 09, 2016 4:54 pm
Forum: Personal Finance (Not Investing)
Topic: Please share examples where earning an extra $1 can cost more in taxes than income.
Replies: 46
Views: 5043

Re: Please share examples where earning an extra $1 can cost more in taxes than income.

From doing my taxes this year, it appears the Tuition and Fees deduction has cliffs where the deduction first steps down from $4000 to $2000, and then later from $2000 to $0. Depending on the bracket and whether or not it's graduated, that's a pretty steep cliff. 4000-2000 in the 25% bracket is $50...
by gvsucavie03
Tue Feb 09, 2016 3:21 pm
Forum: Investing - Theory, News & General
Topic: Why has Oil become such a dominant market influencer?
Replies: 51
Views: 2538

Re: Why has Oil become such a dominant market influencer?

kenner wrote:As a leading indicator of worldwide economic health


According to what? I think this is part of the debate...
by gvsucavie03
Tue Feb 09, 2016 1:25 pm
Forum: Personal Finance (Not Investing)
Topic: Plan on your Credit Card Getting Hacked once a year....Some Tips....
Replies: 49
Views: 1571

Re: Plan on your Credit Card Getting Hacked once a year....Some Tips....

remomnyc wrote:5. Avoid unknown vendors on-line.
6. Keep updated security on my home computer.
7. Never view websites with sensitive data on an unsecured wifi.


You can still get hit with ID theft/cc fraud.
by gvsucavie03
Tue Feb 09, 2016 1:21 pm
Forum: Personal Finance (Not Investing)
Topic: High school curriculum: Is filling out tax forms part of it?
Replies: 49
Views: 1067

Re: High school curriculum: Is filling out tax forms part of it?

Our government teacher in my building said the tax forms are not covered in the curriculum.
by gvsucavie03
Tue Feb 09, 2016 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: High school curriculum: Is filling out tax forms part of it?
Replies: 49
Views: 1067

Re: High school curriculum: Is filling out tax forms part of it?

An interesting video from a punk kid (actual punk, not used as the diminutive term) who has a pretty darn good point. He discusses how he is NOT taught to pay taxes. Further, he is coming out of school without an understanding of the economic system that is supposed to be his primary motivation for...
by gvsucavie03
Tue Feb 09, 2016 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Plan on your Credit Card Getting Hacked once a year....Some Tips....
Replies: 49
Views: 1571

Re: Plan on your Credit Card Getting Hacked once a year....Some Tips....

Good suggestions. DH and I have had our accounts hacked several times in the last few years. Last time was right after using it at a restaurant. I also dislike the inconvience of having to change the card# for my autopayments. I'd really prefer not to use a separate account, however, since I am max...
by gvsucavie03
Tue Feb 09, 2016 11:37 am
Forum: Personal Finance (Not Investing)
Topic: High school curriculum: Is filling out tax forms part of it?
Replies: 49
Views: 1067

Re: High school curriculum: Is filling out tax forms part of it?

I suspect that most people no longer balance checkbooks... Judging by the billions Americans pay in overdraft fees, I'd say you're right. Very true, but I was thinking more along the lines of online banking makes it unnecessary. I realized a while ago that I hadn't balanced a checking account in at...
by gvsucavie03
Tue Feb 09, 2016 11:30 am
Forum: Personal Finance (Not Investing)
Topic: High school curriculum: Is filling out tax forms part of it?
Replies: 49
Views: 1067

Re: High school curriculum: Is filling out tax forms part of it?

I suspect that most people no longer balance checkbooks... Judging by the billions Americans pay in overdraft fees, I'd say you're right. Very true, but I was thinking more along the lines of online banking makes it unnecessary. I realized a while ago that I hadn't balanced a checking account in at...
by gvsucavie03
Tue Feb 09, 2016 11:00 am
Forum: Investing - Theory, News & General
Topic: What would you do differently, if you get twice the money in paycheck AND/OR twice in your portfolio ?
Replies: 13
Views: 633

Re: What would you do differently, if you get twice the money in paycheck AND/OR twice in your portfolio ?

The biggest problem with most people is that they get a new job increasing their salary from $40k to $50k, and instead of saving $5k a year, and increasing their lifestyle $5k, they instead increase their lifestyle to $50k (Some increase their lifestyle to $55k, anticipating they will pay off their...
by gvsucavie03
Tue Feb 09, 2016 10:48 am
Forum: Personal Finance (Not Investing)
Topic: High school curriculum: Is filling out tax forms part of it?
Replies: 49
Views: 1067

Re: High school curriculum: Is filling out tax forms part of it?

I wouldn't mind transforming the PF curriculum into the BH philosophy.
by gvsucavie03
Tue Feb 09, 2016 10:47 am
Forum: Personal Finance (Not Investing)
Topic: High school curriculum: Is filling out tax forms part of it?
Replies: 49
Views: 1067

Re: High school curriculum: Is filling out tax forms part of it?

flyingbison wrote:I suspect that most people no longer balance checkbooks...


Judging by the billions Americans pay in overdraft fees, I'd say you're right.
by gvsucavie03
Tue Feb 09, 2016 10:32 am
Forum: Investing - Help with Personal Investments
Topic: investing vs student loans
Replies: 11
Views: 639

Re: investing vs student loans

jimb - you forgot the discussion of risk. The OP said they are in a saturated market. What if it doesn't work out? All of your numerical analysis flies out the window... What risk? It's not like they're having a hard time making ends meet or have the sheriff walking up to tack the foreclosure notic...
by gvsucavie03
Tue Feb 09, 2016 10:23 am
Forum: Investing - Theory, News & General
Topic: Why has Oil become such a dominant market influencer?
Replies: 51
Views: 2538

Re: Why has Oil become such a dominant market influencer?

Valuethinker wrote:Ahhh... I may be older than you.


And I may not have paid attention to it until it was my paycheck that paid for it :wink:
by gvsucavie03
Tue Feb 09, 2016 10:18 am
Forum: Personal Finance (Not Investing)
Topic: High school curriculum: Is filling out tax forms part of it?
Replies: 49
Views: 1067

Re: High school curriculum: Is filling out tax forms part of it?

Runner01 wrote:
renue74 wrote:To answer the OP, I learned about personal income taxes and filled out tax forms in an accounting class and a "business" class in high school. Both classes were electives though.


This is long gone....
by gvsucavie03
Tue Feb 09, 2016 10:17 am
Forum: Investing - Help with Personal Investments
Topic: investing vs student loans
Replies: 11
Views: 639

Re: investing vs student loans

jimb - you forgot the discussion of risk. The OP said they are in a saturated market. What if it doesn't work out? All of your numerical analysis flies out the window... *edit - the risk of opening a practice, purchasing a house and holding the debt is not the route I would go. I also did say 401(k)...
by gvsucavie03
Tue Feb 09, 2016 10:13 am
Forum: Personal Finance (Not Investing)
Topic: Plan on your Credit Card Getting Hacked once a year....Some Tips....
Replies: 49
Views: 1571

Re: Plan on your Credit Card Getting Hacked once a year....Some Tips....

Good suggestions. DH and I have had our accounts hacked several times in the last few years. Last time was right after using it at a restaurant. I also dislike the inconvience of having to change the card# for my autopayments. I'd really prefer not to use a separate account, however, since I am max...
by gvsucavie03
Tue Feb 09, 2016 10:08 am
Forum: Personal Finance (Not Investing)
Topic: High school curriculum: Is filling out tax forms part of it?
Replies: 49
Views: 1067

Re: High school curriculum: Is filling out tax forms part of it?

Not in MI. I'm pretty sure our Personal Finance class (Dave Ramsey) doesn't require it either. If I were to be able to teach it (it is a math credit and you must be highly qualified to teach it), I would use it as part of the curriculum.
by gvsucavie03
Tue Feb 09, 2016 10:05 am
Forum: Personal Finance (Not Investing)
Topic: Plan on your Credit Card Getting Hacked once a year....Some Tips....
Replies: 49
Views: 1571

Re: Plan on your Credit Card Getting Hacked once a year....Some Tips....

A valid exception is to pay cash...

Ebill pay through your bank's website.

Checks.

quantAndHold wrote:Good tips. But what are you doing that's getting your card hacked all the time? I use my card for "everything" too, and the last time it got hacked was in 2002.


+1
by gvsucavie03
Tue Feb 09, 2016 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Is Vanguard Investment Advisory Service worth it?
Replies: 9
Views: 481

Re: Is Vanguard Investment Advisory Service worth it?

I wouldn't place too much weight on the free internet advice (that statement is a double-standard in and of itself :wink: ). The Wiki plus recommended readings are where this forum really shines, also the great minds of Taylor, Rick, Larry and perhaps a few others.
by gvsucavie03
Tue Feb 09, 2016 9:49 am
Forum: Investing - Help with Personal Investments
Topic: Is Vanguard Investment Advisory Service worth it?
Replies: 9
Views: 481

Re: Is Vanguard Investment Advisory Service worth it?

livesoft wrote:I don't think I would choose funds from Kiplingers myself.


+1
by gvsucavie03
Tue Feb 09, 2016 9:35 am
Forum: Investing - Help with Personal Investments
Topic: Planning Initial 3-fund Investment
Replies: 16
Views: 800

Re: Planning Initial 3-fund Investment

Great choices. Start now. The most important key in the early phases of investing is your savings rate , not specific holdings or market conditions. These are great holdings, btw. Write an IPS and stick with it. You don't need 4 funds. As others have said, one LifeStrategy or Target Retirement fund ...
by gvsucavie03
Tue Feb 09, 2016 9:25 am
Forum: Investing - Help with Personal Investments
Topic: No guts to buy today!
Replies: 55
Views: 5030

Re: No guts to buy today!

I am curious. I am still in my accumulation phase, and I have been trying to figure out how to address market volatility once in retirement. Since I am still working, I have trained myself to think of market downturns as a chance to accumulate shares. I haven't had bad emotions about it because I a...
by gvsucavie03
Tue Feb 09, 2016 9:22 am
Forum: Investing - Theory, News & General
Topic: What would you do differently, if you get twice the money in paycheck AND/OR twice in your portfolio ?
Replies: 13
Views: 633

Re: What would you do differently, if you get twice the money in paycheck AND/OR twice in your portfolio ?

I anyways hear that money gives you options. Just trying to see and look forward to what one will get. Ex : 1. Retire soon. 2. Work part time 3. Take more vacations and trips 4.Send kids to private school 5. move to a better neighborhood 6. go out for dinner regularly 7. Spouse stay at home with ki...
by gvsucavie03
Tue Feb 09, 2016 8:55 am
Forum: Personal Finance (Not Investing)
Topic: Did my taxes myself for the first time, feels great
Replies: 10
Views: 768

Re: Did my taxes myself for the first time, feels great

Ditto about 6 years ago. I couldn't see paying for a very simple return. Instructions are easy and yes, having last year's return handy helps the first time! Some folks have complicated taxes and need the aid of a professional and/or software. Some double up so they don't miss anything (themselves o...
by gvsucavie03
Tue Feb 09, 2016 8:34 am
Forum: Investing - Theory, News & General
Topic: Why has Oil become such a dominant market influencer?
Replies: 51
Views: 2538

Re: Why has Oil become such a dominant market influencer?

Armchair economics - we will celebrate/gripe about gas prices way before anything else because it is so visual on the signs at gas stations. No other commodity is that closely followed by Joe and Susy Public. From what I recall, the price of a barrel of oil was not a local news blip until the early-...
by gvsucavie03
Tue Feb 09, 2016 8:02 am
Forum: Investing - Help with Personal Investments
Topic: Seeking portfolio review and saving advice.
Replies: 5
Views: 266

Re: Seeking portfolio review and saving advice.

Review the Asking Portfolio Question post... We need tax rates and desired AA.
by gvsucavie03
Tue Feb 09, 2016 7:59 am
Forum: Investing - Theory, News & General
Topic: $2 Trillion Valuation
Replies: 12
Views: 986

Re: $2 Trillion Valuation

airahcaz wrote:Seriously curious, is there anything stopping a company growing to $2 Trillion valuation, or $3T for that matter, if their earnings become so large to justify it?


Why not?
by gvsucavie03
Tue Feb 09, 2016 7:38 am
Forum: Investing - Help with Personal Investments
Topic: investing vs student loans
Replies: 11
Views: 639

Re: investing vs student loans

Buying a practice and a home plus the massive student loans brings on a lot of risk... Debt first, but be very aggressive. Paying down little by little is not the goal, you could pay them down faster than 5 1/2 years if you really sacrificed. You might lose a little ground in retirement, but so what...
by gvsucavie03
Tue Feb 09, 2016 7:26 am
Forum: Investing - Help with Personal Investments
Topic: investing vs student loans
Replies: 11
Views: 639

Re: investing vs student loans

Spend the extra $6,000 a month on student loans and be free in about 5 1/2 years? Without a Doubt :happy +1. The income is awesome. The debt is not. Free from debt AND sock away retirement...think about it. Trounce the debt, buy cheaper on your home (you WILL be able to move up later on). Live like...
by gvsucavie03
Tue Feb 09, 2016 7:19 am
Forum: Investing - Help with Personal Investments
Topic: Target Date
Replies: 8
Views: 609

Re: Target Date

dekecarver wrote:Hey guys,
I have access to Blackrock funds through the Virginia retirement 457 plan. I see that the target date funds contain about a 4% slice of commodities. In general, what does this do for a target date fun?


1.26% ER :shock:

Do you have other, less expensive options?
by gvsucavie03
Tue Feb 09, 2016 7:09 am
Forum: Investing - Help with Personal Investments
Topic: Thank goodness for my precious metals
Replies: 63
Views: 3251

Re: Thank goodness for my precious metals

Call_Me_Op wrote:Yes, we need precious metals. Let's see, an investment with 0% long-term real return that can lose 50% of its value at the drop of a hat. Where do I get some?


:oops:
by gvsucavie03
Tue Feb 09, 2016 6:41 am
Forum: Investing - Help with Personal Investments
Topic: Thank goodness for my precious metals
Replies: 63
Views: 3251

Re: Thank goodness for my precious metals

The Vanguard Precious Metals fund (VGPMX) is a bit down from its peak of 39.66 on 9/30/07. It didn't offer much protection in '08-'09 as it lost nearly 75% of its value closing at $10.27 on 2/1/09. Since then it bounced back up to $28.18on 4/17/11 only to lose another almost 80% closing at $5.73 on...
by gvsucavie03
Tue Feb 09, 2016 6:22 am
Forum: Personal Finance (Not Investing)
Topic: Please share examples where earning an extra $1 can cost more in taxes than income.
Replies: 46
Views: 5043

Re: Please share examples where earning an extra $1 can cost more in taxes than income.

From doing my taxes this year, it appears the Tuition and Fees deduction has cliffs where the deduction first steps down from $4000 to $2000, and then later from $2000 to $0. Depending on the bracket and whether or not it's graduated, that's a pretty steep cliff. 4000-2000 in the 25% bracket is $50...
by gvsucavie03
Mon Feb 08, 2016 2:28 pm
Forum: Personal Finance (Not Investing)
Topic: 401(k) Loan, Changing Jobs
Replies: 22
Views: 568

Re: 401(k) Loan, Changing Jobs

I'll suggest to the OP that I think that his prospective employees are milking the gravy train and he needs to be very careful on what he offers to his employees. We all (as employees) try to milk the gravy train when possible. That's awfully cynical based on what little I've read. You think he's m...
by gvsucavie03
Mon Feb 08, 2016 2:10 pm
Forum: Personal Finance (Not Investing)
Topic: Please share examples where earning an extra $1 can cost more in taxes than income.
Replies: 46
Views: 5043

Re: Please share examples where earning an extra $1 can cost more in taxes than income.

A married couple going from $36,500 to $36,501 (AGI) could cost them a $600 tax credit--possibly $1,200 if they can both get the credit which seems to be the case (Saver's Credit). This is incorrect. They only lose the portion that phases out, not the whole credit. The credit phases out at $62,001 ...
by gvsucavie03
Mon Feb 08, 2016 1:48 pm
Forum: Investing - Help with Personal Investments
Topic: No guts to buy today!
Replies: 55
Views: 5030

Re: No guts to buy today!

mpt follower wrote:
gvsucavie03 wrote:
mpt follower wrote:
dumbbunny wrote:What does your IPS say you should do in times like these?


Come on! Bogleheads is not a cult, use your judgement.


"Judgement" or "emotions"??


P/E


Not following...
by gvsucavie03
Mon Feb 08, 2016 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: No guts to buy today!
Replies: 55
Views: 5030

Re: No guts to buy today!

mpt follower wrote:
dumbbunny wrote:What does your IPS say you should do in times like these?


Come on! Bogleheads is not a cult, use your judgement.


"Judgement" or "emotions"??
by gvsucavie03
Mon Feb 08, 2016 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: 401(k) Loan, Changing Jobs
Replies: 22
Views: 568

Re: 401(k) Loan, Changing Jobs

Small company, first employee, no. I would not do this. A potential first major hiring mistake. I offer you a paycheck and no more. I've never received a signing bonus...
by gvsucavie03
Mon Feb 08, 2016 1:27 pm
Forum: Personal Finance (Not Investing)
Topic: 401(k) Loan, Changing Jobs
Replies: 22
Views: 568

Re: 401(k) Loan, Changing Jobs

bobble wrote:Am I willing to take a larger risk on this particular hire than I am for a normal hire? Yes. Am I willing to put a lot of effort in woo-ing this hire? Definitely.


You make it sound like this is the only one. Slow down. Hire slower. Interview more. Keep shopping if this is an deal-breaker.
by gvsucavie03
Mon Feb 08, 2016 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Where to turn for investment advice...
Replies: 11
Views: 652

Re: Where to turn for investment advice...

Bogle's Common Sense on Mutual Funds and Tobias's The Only Investment Guide You Will Ever Need are both easy, entertaining reads and often recommended as starting points. I wouldn't quantify Common Sense as an easy read... Perhaps Little Guide to Investing by Bogle is a way to get the OP's feet wet.
by gvsucavie03
Mon Feb 08, 2016 1:19 pm
Forum: Personal Finance (Not Investing)
Topic: Please share examples where earning an extra $1 can cost more in taxes than income.
Replies: 46
Views: 5043

Re: Please share examples where earning an extra $1 can cost more in taxes than income.

I'm a victim of this for the 2015 tax year. I hit the child tax credit phase out. It sure takes the shine off that extra income to know it cost me $250 in tax credits to earn that extra little bit of income. I really feel like I wasted my time working that late-night self-employment side job in the...
by gvsucavie03
Mon Feb 08, 2016 1:04 pm
Forum: Personal Finance (Not Investing)
Topic: 401(k) Loan, Changing Jobs
Replies: 22
Views: 568

Re: 401(k) Loan, Changing Jobs

I hate to say this, but to me this comes under the category of "not my problem". The job seeker decided to take out a loan that causes serious problems if you decide to change jobs. Even giving the job seeker the benefit of the doubt (personal catastrophe that resulted in this loan as opp...
by gvsucavie03
Mon Feb 08, 2016 12:52 pm
Forum: Personal Finance (Not Investing)
Topic: 401(k) Loan, Changing Jobs
Replies: 22
Views: 568

Re: 401(k) Loan, Changing Jobs

Sounds dangerous. Obviously there was an issue that forced the candidate to take out the 401(k) loan in the first place that you may not know of.
by gvsucavie03
Mon Feb 08, 2016 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: Where to turn for investment advice...
Replies: 11
Views: 652

Re: Where to turn for investment advice...

Links added below You've landed on the best place on the internet for this. Click on the Wiki link: https://www.bogleheads.org/wiki/Main_Page link and then Getting Started. You could then post your portfolio question (Asking a Portfolio Question) and follow the template. https://www.bogleheads.org/...
by gvsucavie03
Mon Feb 08, 2016 12:31 pm
Forum: Investing - Help with Personal Investments
Topic: Keep it or dump it?
Replies: 4
Views: 407

Re: Keep it or dump it?

The Energy Fund has had similar long-term returns to the S&P 500 so theoretically it could easily match it long-term if you leave it be. The PM fund has had very bad long-term returns, it has been a dud for over 30 years. I'd dump the PM fund and put dividends from the energy fund into total st...
by gvsucavie03
Mon Feb 08, 2016 12:26 pm
Forum: Investing - Help with Personal Investments
Topic: Thank goodness for my precious metals
Replies: 63
Views: 3251

Re: Thank goodness for my precious metals

Troll. We shouldn't discourage someone from posting a question or comment that doesn't align with our own philosophy. This is a dangerous kind of thinking and behavior. I thought this was a cult??? :twisted: Sarcasm aside, folks learn a lot from some of the brilliant minds on this forum (myself inc...
by gvsucavie03
Mon Feb 08, 2016 12:21 pm
Forum: Investing - Help with Personal Investments
Topic: Keep it or dump it?
Replies: 4
Views: 407

Re: Keep it or dump it?

Back five years ago when we first opened our Roth, we knew nothing about investing (still know little, but at least we picked Vanguard for all our personal investments :happy ) so we bought VGENX (Vanguard Energy Fund Investor Shares) and VGPMX (Vanguard Precious Metals and Mining Fund) (duh, no id...

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