Search found 1003 matches

by gvsucavie03
Sun May 29, 2016 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Rewards checking account
Replies: 18
Views: 1097

Re: Rewards checking account

I've got $45k earning 3% at 3 different FIs. (total $45k, not $45k in each one) To earn the 3% I have to make 34 debit card transactions and 2 of the FIs require a direct deposit each month. I deal with the debit card requirements by paying $1.0x on my cell phone bill 34 times. It takes about 15 mi...
by gvsucavie03
Sun May 29, 2016 8:08 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1472
Views: 756407

Re: The Three-Fund Portfolio

Heck, put $10-15k away in a credit union checking account! Some yield 3-4%! Yes, it would mix savings and checking, but you could just do a seperate tab. Not a lot of $, but more yield than any CD I know of at this point...
by gvsucavie03
Thu May 26, 2016 7:49 pm
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 43
Views: 5936

Re: Jack Bogle - Two Fund Portfolio

Can't recall my prior thoughts right now, but for taxable investments doesn't Vanguard have a fund of ~60/40 ratio that uses a tax exempt bond fund along with a good stock fund. I wish my recall was better that it is but age is becoming a factor unfortunately :annoyed VTMFX is 50/50 US Stock and ta...
by gvsucavie03
Thu May 26, 2016 4:36 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1472
Views: 756407

Re: The Three-Fund Portfolio

At this current historic time in high probability of raising interest rates after 40 years of decreasing rates, wouldn't a laddered new issue bank cd's portfolio of say 1-5 years, be better than the bond mutual fund you mention to cover all possible outcomes? Not only are they federally insured, bu...
by gvsucavie03
Mon May 02, 2016 9:06 pm
Forum: Personal Consumer Issues
Topic: Boglehead Beer
Replies: 664
Views: 104333

Re: Boglehead Beer

I'm seriously looking forward to spending some time at Founder's in Grand Rapids this weekend. Good food, good friends, world-class brews. Founder's Breakfast Stout is one of my very favorite beers. Enjoy! I had been looking for this for a very long time, since first reading about it on Bogleheads....
by gvsucavie03
Mon Apr 18, 2016 5:19 pm
Forum: Investing - Theory, News & General
Topic: "Bogle's Folly"
Replies: 28
Views: 4750

Re: Answer to questions

You sound like a knee jerk indexer and knee jerk indexers can't possibly know anything about the future performance of anything. :wink: All of your data is past performance, so it's obvious you know nothing of the future, too. The only thing we know about the future is that it will not repeat itsel...
by gvsucavie03
Mon Apr 18, 2016 11:45 am
Forum: Investing - Theory, News & General
Topic: "Bogle's Folly"
Replies: 28
Views: 4750

Re: Answer to questions

... Mr. Bogle and I aren't taking a great deal of risk with our actively managed funds. There is still risk in using this versus pure passive/indexing. As others have said, fund management will change, and like other prominent actively managed funds, they to shall revert to the mean at some point. ...
by gvsucavie03
Sun Apr 17, 2016 5:26 pm
Forum: Investing - Theory, News & General
Topic: "Bogle's Folly"
Replies: 28
Views: 4750

Re: Answer to questions

dkturner: Do you think Wellington's past performance will continue into the future. If so, why? Thank you and best wishes. Taylor Taylor, let me answer your questions with a couple of questions. Do you think that a combination of the Vanguard 500 Index Fund (65%) and the Vanguard I-T Bond Index Fun...
by gvsucavie03
Tue Apr 12, 2016 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Freedom Unlimited card 1.5% back + bonus
Replies: 85
Views: 8021

Re: Chase Freedom Unlimited card 1.5% back + bonus

Chuck wrote:Penfed: 5% cash back on gasoline (not sure if you can still sign up for this)


Just got mine last week
by gvsucavie03
Mon Apr 11, 2016 6:30 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1472
Views: 756407

Re: The Three-Fund Portfolio

Ah ok, thanks! Looks like I can't exactly, but 70 % developing 30% emerging might be close? Darn it is frustrating when a retirement fund doesn't let you do this simple portfolio exactly as you guys have laid it out. Search or post your question in another thread. I know the mix of S&P 500/Exte...
by gvsucavie03
Sun Apr 10, 2016 5:49 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1472
Views: 756407

Re: The Three-Fund Portfolio

I am on page 14 now, but still haven't come across the answer I need. Hope it is ok to post here, as it is already in my other thread. What percentages of each of VTMGX Vanguard Dvlp Mrkts Indx Admrl and VEMAX Vanguard Emerging Mkts Stock Idx Adm would make the closest resemblance to Vanguard total...
by gvsucavie03
Sun Apr 10, 2016 4:27 pm
Forum: Personal Consumer Issues
Topic: Huntington Bank $200 promo
Replies: 4
Views: 574

Re: Huntington Bank $200 promo

Sep 15 the bonus was $300 - had to deposit $5K and leave it there for 6 months (if balance got below $5K there was a monthly fee). Not bad - 12% annualized interest (6% for 6 months). They had a provision that you could not have had an account with them within the past 6 months. Shoot! Oh well, thi...
by gvsucavie03
Sun Apr 10, 2016 11:16 am
Forum: Personal Consumer Issues
Topic: Huntington Bank $200 promo
Replies: 4
Views: 574

Re: Huntington Bank $200 promo

Thanks for the post! I may have to look into this. My wife and I are currently doing one of the Chase savings account bonuses, and this Huntington bonus looks like a pretty good deal too. I did one other Huntington bonus in 2014; that one was simply opening a basic checking account with no initial ...
by gvsucavie03
Sun Apr 10, 2016 9:31 am
Forum: Personal Finance (Not Investing)
Topic: new credit card and credit score
Replies: 9
Views: 967

Re: new credit card and credit score

Having 2 cards that you charge a very small amount to (<10%) and pay in full every month should be fine. Credit cards are somewhat better in how it gets reported and goes into the score calculation. I paid off all of our student loans last fall and had no credit cards or other debt. We are looking f...
by gvsucavie03
Sun Apr 10, 2016 8:58 am
Forum: Personal Consumer Issues
Topic: Huntington Bank $200 promo
Replies: 4
Views: 574

Huntington Bank $200 promo

https://www.huntington.com/04d20016 $200 promo for a checking account available through June 30, 2016, only available in a handful of states (OH, MI, IN, KY, WV, PA). To avoid monthly fee, must have "total relationship balance" of at least $5k. Account must also be open 180 days to avoid ...
by gvsucavie03
Sat Apr 09, 2016 6:25 pm
Forum: Investing - Help with Personal Investments
Topic: Target Retirement Fund vs. Three Fund Portfolio
Replies: 13
Views: 1402

Re: Target Retirement Fund vs. Three Fund Portfolio

And wow, this is one heck of a 403b plan. All should be this good (or at least give us the option to make it better!).
by gvsucavie03
Sat Apr 09, 2016 6:21 pm
Forum: Investing - Help with Personal Investments
Topic: Target Retirement Fund vs. Three Fund Portfolio
Replies: 13
Views: 1402

Re: Target Retirement Fund vs. Three Fund Portfolio

Thanks, gvsucavie03, for the information on the difference in fees for the TR funds - I wasn't aware of that, and it is great information to have. And Taylor, thank you for the tip about where to place tax inefficient funds. I will read up a bit more on this, as it's not something I've considered y...
by gvsucavie03
Sat Apr 09, 2016 5:12 pm
Forum: Investing - Help with Personal Investments
Topic: Target Retirement Fund vs. Three Fund Portfolio
Replies: 13
Views: 1402

Re: Target Retirement Fund vs. Three Fund Portfolio

A TR fund is a wealth manager in and of itself. I think that is worth a few basis points and added simplicity. If you don't like the glide path, you could continually change TR every few years. Like others have said, you can always subdivide (go away from international bond exposure) to the Three Fu...
by gvsucavie03
Sat Apr 09, 2016 2:28 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1472
Views: 756407

Re: The Three-Fund Portfolio

I suppose I was thinking this but didn't quite word it correctly. There are strategies that beat it, but you're right (and Bogle is right) - how long is the question none of us know. Best to stick with the plan that will have a 70-80% chance of beating everything over the long run!
by gvsucavie03
Sat Apr 09, 2016 10:22 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1472
Views: 756407

Re: The Three-Fund Portfolio

I'm getting closer and closer to this now! I have 9 funds now, down from a gadjillion hahah! 6 of them are Vanguard low cost index ones too. So glad my 403b has VSTAX. It doesn't have total international, but it does have Vanguard Dvlp Mrkts Indx Admrl and Vanguard Emerging Mkts Stock Idx Adm yay! ...
by gvsucavie03
Wed Apr 06, 2016 7:43 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Freedom Unlimited card 1.5% back + bonus
Replies: 85
Views: 8021

Re: Chase Freedom Unlimited card 1.5% back + bonus

My main card now is the Bank of America cash rewards. Its base of gas:3, grocery:2, other:1 isn't that great, but when linked with Preferred Rewards there's a 75% increase in rewards. This quarter, Chase's 5% grocery is winning, but other than that it's BofA for me. Earl What about the AMEX Preferr...
by gvsucavie03
Wed Apr 06, 2016 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Freedom Unlimited card 1.5% back + bonus
Replies: 85
Views: 8021

Re: Chase Freedom Unlimited card 1.5% back + bonus

My main card now is the Bank of America cash rewards. Its base of gas:3, grocery:2, other:1 isn't that great, but when linked with Preferred Rewards there's a 75% increase in rewards. This quarter, Chase's 5% grocery is winning, but other than that it's BofA for me. Earl What about the AMEX Preferr...
by gvsucavie03
Sun Apr 03, 2016 8:31 am
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1472
Views: 756407

Re: The Three-Fund Portfolio

Wow, this is an amazing thread by itself not to mention all the other ones. This is a must read for a newbie before posting a question on the forum. I have spent all day on this thread since 10am (now yesterday, the 2nd), plus many hours previously. I have bookmarked at least 15 different pages thr...
by gvsucavie03
Sat Apr 02, 2016 12:46 pm
Forum: Personal Finance (Not Investing)
Topic: Chase Freedom Unlimited card 1.5% back + bonus
Replies: 85
Views: 8021

Re: Chase Freedom Unlimited card 1.5% back + bonus

AviN wrote:
gvsucavie03 wrote:Chase Double Cash is very simple - 1% on purchase, 1% on payment. 2% on everything, plain and simple. We have this now.


Correction: It's Citi Double Cash.

I use it for nearly all credit card purchases. It is a good card.

Avi


I edited my post :oops:
by gvsucavie03
Sat Apr 02, 2016 6:03 am
Forum: Personal Finance (Not Investing)
Topic: Chase Freedom Unlimited card 1.5% back + bonus
Replies: 85
Views: 8021

Re: Chase Freedom Unlimited card 1.5% back + bonus

Citi Double Cash is very simple - 1% on purchase, 1% on payment. 2% on everything, plain and simple. We have this now.

The one that raises my interest in the future is the Amex Blue Cash Preferred. 6% grocery, 3% gas, 1% everything. Very much off-set the $75 annual fee.
by gvsucavie03
Sat Apr 02, 2016 5:57 am
Forum: Investing - Theory, News & General
Topic: Jack Bogle - Two Fund Portfolio
Replies: 43
Views: 5936

Re: Jack Bogle - Two Fund Portfolio

I think there is a lot of wisdom in this model, but I also think it is prudent to diversify with non-US stock. The global economy is very different now than when Bogle and Buffet started investing. There has to be at least a small amount of bias in their opinion of International markets.
by gvsucavie03
Sat Mar 26, 2016 11:51 am
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Investing Advice or: A Chris Hogan: America's Voice on Retirement Story
Replies: 55
Views: 8995

Re: Dave Ramsey's Investing Advice or: A Chris Hogan: America's Voice on Retirement Story

I just listened to a caller this week ask why would he want to invest through a broker with a 5.75% load and 1% expense ratio since he'd have to make almost 7% just to break even. Of course Dave brushed it off as too small to worry about, industry standard and you get the great benefit of having so...
by gvsucavie03
Sat Mar 26, 2016 9:41 am
Forum: Investing - Help with Personal Investments
Topic: Large Inheritance...Do I need to worry about retirement?
Replies: 69
Views: 8927

Re: Large Inheritance...Do I need to worry about retirement?

5 million is my walk away number, if I woke up with 5 million in my account tomorrow I would invest it in the 3-fund portfolio, put in my two weeks notice and live off the dividends/interest. Not saying I wouldn't work again at some point part time but I sure wouldn't keep my high pressure time con...
by gvsucavie03
Fri Mar 25, 2016 4:45 pm
Forum: Investing - Help with Personal Investments
Topic: Large Inheritance...Do I need to worry about retirement?
Replies: 69
Views: 8927

Re: Large Inheritance...Do I need to worry about retirement?

Be very conservative with the $5M. Muni bonds and other tax-friendly cash equivalents. You might consider annuitizing to save long-term on taxes.

I'd still put away $ in the Roth. Take care of other financial goals with savings. Remember to give to reputable charities that are meaningful to you.
by gvsucavie03
Fri Mar 25, 2016 4:14 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Investing Advice or: A Chris Hogan: America's Voice on Retirement Story
Replies: 55
Views: 8995

Re: Dave Ramsey's Investing Advice or: A Chris Hogan: America's Voice on Retirement Story

Just for "fun", I plugged 8% withdrawal into my Monte Carlo program. While maintaining all the other parameters, increasing the w/d rate from 4% to 8%, decreased my time horizon from 30 years to 12 years. How would a 65 year old enjoy being broke at 77. Thanks DR. 1210 IMO, this is his wo...
by gvsucavie03
Fri Mar 25, 2016 4:13 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Investing Advice or: A Chris Hogan: America's Voice on Retirement Story
Replies: 55
Views: 8995

Re: Dave Ramsey's Investing Advice or: A Chris Hogan: America's Voice on Retirement Story

I bought the Chris Hogan book, mostly because I thought there would be some new fresh advice. Wrong. A blander rewording of Dave's book. I noticed he quotes 10% return instead of 12% so maybe Dave is starting to realize this is unattainable. I've also heard the words "risk tolerance" used...
by gvsucavie03
Thu Mar 24, 2016 7:50 pm
Forum: Investing - Theory, News & General
Topic: Dave Ramsey's Investing Advice or: A Chris Hogan: America's Voice on Retirement Story
Replies: 55
Views: 8995

Re: Dave Ramsey's Investing Advice or: A Chris Hogan: America's Voice on Retirement Story

I bought the Chris Hogan book, mostly because I thought there would be some new fresh advice. Wrong. A blander rewording of Dave's book. I noticed he quotes 10% return instead of 12% so maybe Dave is starting to realize this is unattainable. I've also heard the words "risk tolerance" used...
by gvsucavie03
Thu Mar 24, 2016 5:20 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1472
Views: 756407

Re: The Three-Fund Portfolio

Thanks!
by gvsucavie03
Thu Mar 24, 2016 3:06 pm
Forum: Investing - Theory, News & General
Topic: The Three-Fund Portfolio
Replies: 1472
Views: 756407

Re: The Three-Fund Portfolio

Curious to know if a 4th diversified fund (total international bonds) will make its way into this model. It's a great hedge in this current environment and could be again in the future...
by gvsucavie03
Mon Mar 21, 2016 6:04 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio help/review
Replies: 2
Views: 307

Re: Portfolio help/review

You have a hefty chunk in the VG MM Prime losing value if I recall the ER and current yields...

This looks way more complicated than I would want. Take a look at Taylor's Three Fund Portfolio.
by gvsucavie03
Mon Mar 07, 2016 11:03 am
Forum: Personal Finance (Not Investing)
Topic: Tax Saving Advice and Guidance for a Newbie
Replies: 5
Views: 565

Re: Tax Saving Advice and Guidance for a Newbie

Does your state have income tax and would allow you to deduct contributions to a 529? Roth IRA won't save taxes now. 401(k) at your income should be maxed out. Some on this forum would say both of you should max them out. If you have an HSA, you can max that out and save on State and FICA taxes as ...
by gvsucavie03
Sun Mar 06, 2016 9:24 pm
Forum: Investing - Theory, News & General
Topic: Pay and investment for 5 yo child
Replies: 39
Views: 3141

Re: Pay and investment for 5 yo child

Roth IRA contributions may be withdrawn at any time, for any reason, without penalty. The custodian is legally required to release the account at majority age, so it acts very similar to a UTMA except for the tax-free growth and accessibility of the growth portion of the balance. Earnings can be us...
by gvsucavie03
Sun Mar 06, 2016 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: Managing mom's finances
Replies: 15
Views: 1453

Re: Managing mom's finances

Do not deed anything/pass on investments over the gift tax limit prior to passing... You lose stepped-up basis and you'll have a tax mess.
by gvsucavie03
Sun Mar 06, 2016 9:11 pm
Forum: Investing - Theory, News & General
Topic: Pay and investment for 5 yo child
Replies: 39
Views: 3141

Re: Pay and investment for 5 yo child

My son is 5 yo, and I am using him (his pictures) for marketing for my business. As my accountant says I can pay him with up to $6800 (gross)(he will pay around $500 in taxes). I would like to invest the money, and I have the following options: 1. Open an UTMA account for him - I will need to give ...
by gvsucavie03
Sun Mar 06, 2016 8:58 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable investment suggestions
Replies: 10
Views: 1064

Re: Taxable investment suggestions

I personally have an Ally MMA. Very user-friendly.
by gvsucavie03
Sun Mar 06, 2016 7:18 pm
Forum: Personal Finance (Not Investing)
Topic: Managing mom's finances
Replies: 15
Views: 1453

Re: Managing mom's finances

Are you a legal trustee? Is another sibling? For you to manage her finances, you need to be appointed as such. I know some have their name on the checkbook, etc. I would want to know where everything is (deeds, vehicle titles, life insurance policies if any, etc.), getting stuff put into trust if ap...
by gvsucavie03
Sun Mar 06, 2016 7:07 pm
Forum: Investing - Help with Personal Investments
Topic: Taxable investment suggestions
Replies: 10
Views: 1064

Re: Taxable investment suggestions

Hello, I have a 60K investable assets after maxing out 401K and Roth options and fall under 28% bracket. The money is currently residing in a savings account, as such I'm looking at available options to invest. I'm saving to buy a home at a later date; 1-2 year horizon or more. I have reviewed all ...
by gvsucavie03
Sun Mar 06, 2016 7:04 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Saving Advice and Guidance for a Newbie
Replies: 5
Views: 565

Re: Tax Saving Advice and Guidance for a Newbie

Does your state have income tax and would allow you to deduct contributions to a 529? Roth IRA won't save taxes now. 401(k) at your income should be maxed out. Some on this forum would say both of you should max them out. If you have an HSA, you can max that out and save on State and FICA taxes as w...
by gvsucavie03
Sun Mar 06, 2016 10:59 am
Forum: Investing - Help with Personal Investments
Topic: First time lump sum investing
Replies: 13
Views: 1089

Re: First time lump sum investing

Gvsucavie03, You will have lot's of options! If you read the "Janitor next door/Millionaire next door". Their is a very important philosophy that they have. 1). Be smart about this. 2). Keep a low profile. 3). Don't become a target. 4). Very few (if anyone) knows about their wealth. 5). L...
by gvsucavie03
Sun Mar 06, 2016 6:09 am
Forum: Investing - Help with Personal Investments
Topic: First time lump sum investing
Replies: 13
Views: 1089

Re: First time lump sum investing

I definitely agree you need to read about what to do when you receive a sudden windfall. Then read Bogleheads Guide to Investing. If I woke up in your shoes... 1. Do nothing for 6 months, maybe put it in a MMA for now. 2. Learn about cheap, ordinary, vanilla index funds. Learn what the windfall can ...
by gvsucavie03
Mon Feb 29, 2016 7:40 am
Forum: Personal Finance (Not Investing)
Topic: I am presenting on Vanguard vs. AXA, can you help?
Replies: 53
Views: 2302

Re: I am presenting on Vanguard vs. AXA, can you help?

in_reality wrote:You deserve the right to choose an index approach.


I think this is the best single-line in this entire thread and for that matter in the whole discussion of 403(b) plans... we deserve this right, just like the majority of 401(k) plans already have in place.
by gvsucavie03
Sun Feb 28, 2016 9:02 pm
Forum: Personal Finance (Not Investing)
Topic: I am presenting on Vanguard vs. AXA, can you help?
Replies: 53
Views: 2302

Re: I am presenting on Vanguard vs. AXA, can you help?

Educate, educate, educate. I'm also in the process of convincing my admin to switch to Vanguard and ditch the list of annuity companies. I think I do have an audience for it (Superintendent is interested) and we might just get it to happen! That's fantastic. Are you with a school? My HR said I need...
by gvsucavie03
Sun Feb 28, 2016 8:46 pm
Forum: Personal Finance (Not Investing)
Topic: I am presenting on Vanguard vs. AXA, can you help?
Replies: 53
Views: 2302

Re: I am presenting on Vanguard vs. AXA, can you help?

Educate, educate, educate. I'm also in the process of convincing my admin to switch to Vanguard and ditch the list of annuity companies. I think I do have an audience for it (Superintendent is interested) and we might just get it to happen! That's fantastic. Are you with a school? My HR said I need...
by gvsucavie03
Sun Feb 28, 2016 8:30 pm
Forum: Personal Finance (Not Investing)
Topic: I am presenting on Vanguard vs. AXA, can you help?
Replies: 53
Views: 2302

Re: I am presenting on Vanguard vs. AXA, can you help?

Educate, educate, educate. I'm also in the process of convincing my admin to switch to Vanguard and ditch the list of annuity companies. I think I do have an audience for it (Superintendent is interested) and we might just get it to happen!
by gvsucavie03
Sun Feb 28, 2016 8:51 am
Forum: Personal Consumer Issues
Topic: That Frugal Thing You Do
Replies: 535
Views: 113538

Re: That Frugal Thing You Do

I'm chuckling reading the last 2 posts... One is a car upgrade to save on gas, the other is frugal shopper with a Hummer. There is no way on earth the Mazda's expense is off-set by the gas savings and any grocery shopping short of purely buying Ramen noodles can off-set a Hummer! I think we have som...

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