Search found 562 matches

by jay22
Wed May 25, 2016 5:33 pm
Forum: Personal Finance (Not Investing)
Topic: High Earners - What's Your Profession?
Replies: 469
Views: 50763

Re: High Earners - What's Your Profession?

How do you define a high earner? Annual salary of 100K, 200K, or 1M? :)

Edit: Just saw that the OP did indeed mention 100K+. My apologies.
by jay22
Tue May 24, 2016 11:42 am
Forum: Investing - Theory, News & General
Topic: OMG - The Tell Tale Chart - '08 & the Fed
Replies: 11
Views: 1529

Re: OMG - The Tell Tale Chart - '08 & the Fed

Actually Money Market funds are finally getting off zero. Vanguard Money Market (VMMXX) is now up to .45% for the seven day yield. So maybe we are finally getting back to normal We shall see how it works in June or so when the gov't raises the rates little more. I know this flat chart is why I do n...
by jay22
Mon May 23, 2016 2:04 pm
Forum: Investing - Theory, News & General
Topic: "Can Anything Stop Vanguard?"
Replies: 50
Views: 7243

Re: "Can Anything Stop Vanguard?"

People talk a lot about VG's website. Their website is not as fancy as Fidelity's, but do you need all those fancy functionalities with the BH approach? When I started investing, I knew I am not going to trade every day, nor am I going to own 20+ funds, so all the research and trading features Fidel...
by jay22
Fri May 20, 2016 10:02 pm
Forum: Personal Consumer Issues
Topic: Advice w/ 62YO Mom Moving In - Rent? Resentment? Plans?
Replies: 89
Views: 7295

Re: Advice w/ 62YO Mom Moving In - Rent? Resentment? Plans?

The picture I get from reading this thread is that we're a society that infantilizes young adults and parents are expected to provide for them well beyond the age of maturity and but the parents themselves? sorry! you're on your own. The ends don't meet in the middle in this modern day American sce...
by jay22
Fri May 20, 2016 12:54 pm
Forum: Personal Consumer Issues
Topic: Advice w/ 62YO Mom Moving In - Rent? Resentment? Plans?
Replies: 89
Views: 7295

Re: Advice w/ 62YO Mom Moving In - Rent? Resentment? Plans?

Some of the comments here make me shake my head. It's OP's mom we are talking about here. Yes, 62 is "not old enough", but people here are underestimating the emotional distress/insecurity she might be under with her husband passing away. Ask her for rent, really? OP, sorry for your loss; ...
by jay22
Tue May 17, 2016 3:40 pm
Forum: Personal Consumer Issues
Topic: Elliptical trainer
Replies: 43
Views: 1950

Re: Elliptical trainer

I have a LifeFitness elliptical that I bought in 2005 and still use regularly. Great machine and no issues. In your price range, a used Precor or LifeFitness is your best bet. Keep your eyes on Craigslist until one comes up. Precor. I've had mine for four years and use it at least 3 times a week. K...
by jay22
Tue May 17, 2016 3:38 pm
Forum: Personal Consumer Issues
Topic: Elliptical trainer
Replies: 43
Views: 1950

Re: Elliptical trainer

unclescrooge wrote:Buy it off craigslist.

You'll save 80% off the list price, and it will probably never have been used.

I've given that a thought, but honestly, I do not want to deal with the repairs if the machine goes bad once I get it.
by jay22
Tue May 17, 2016 3:38 pm
Forum: Personal Consumer Issues
Topic: Elliptical trainer
Replies: 43
Views: 1950

Re: Elliptical trainer

If you cannot get motivated to get to the gym that is only 15-20 minutes away then you will not be motivated to use that elliptical. That is a question you should ponder. It is so easy to have home gym equipment and not use it by the simplicity of, "I can use it anytime". But anytime rare...
by jay22
Mon May 16, 2016 10:06 pm
Forum: Personal Consumer Issues
Topic: Elliptical trainer
Replies: 43
Views: 1950

Re: Elliptical trainer

Unfortunately, the closest gym from my place is 15-20 mins, which does not sound much but it's hard to get myself motivated to go there in the morning. That's why I want to get one for home so that I have no excuse.
by jay22
Mon May 16, 2016 8:01 pm
Forum: Personal Consumer Issues
Topic: Elliptical trainer
Replies: 43
Views: 1950

Elliptical trainer

Thinking of buying an elliptical trainer to get back in shape and work out at home. Any recommendations you guys have? Ideally, would like to keep it in the $700-1000 range. Thanks!
by jay22
Mon May 16, 2016 7:20 pm
Forum: Investing - Theory, News & General
Topic: For those of you in the Accumulation Phase - How often do you check?
Replies: 62
Views: 4737

Re: For those of you in the Accumulation Phase - How often do you check?

Whenever I have to make a new contribution, so 1-2 times a month. Just to know which fund is down and needs more fuel. :D
by jay22
Mon May 16, 2016 1:21 pm
Forum: Investing - Theory, News & General
Topic: Bond Index Funds - The turning tide from active
Replies: 45
Views: 3540

Re: Bond Index Funds - The turning tide from active

Is 6.5 years v/s 5.5 years really that much of a concern? Doesn't the pros of the fund outweigh this con? Also, VFIDX has less than 10% in government bonds - that is much bigger problem than the duration, isn't it? I assume you are talking about the TBM index. Sorry, I should have been clearer. I w...
by jay22
Mon May 16, 2016 11:24 am
Forum: Investing - Theory, News & General
Topic: Bond Index Funds - The turning tide from active
Replies: 45
Views: 3540

Re: Bond Index Funds - The turning tide from active

I think Intermediate-Term Bond Index (with 50/50 corporate and government bonds) is the an excellent choice which overcomes some of the downsides of TBM fund. +1 I use Intermediate-Term Bond Index instead of TBM. Is any one concerned with the Intermediate Bond Index's (VBILX) longer duration of 6.5...
by jay22
Sat May 14, 2016 10:17 pm
Forum: Investing - Theory, News & General
Topic: Bond Index Funds - The turning tide from active
Replies: 45
Views: 3540

Re: Bond Index Funds - The turning tide from active

I think Intermediate-Term Bond Index (with 50/50 corporate and government bonds) is the an excellent choice which overcomes some of the downsides of TBM fund.
by jay22
Mon May 09, 2016 2:11 pm
Forum: Investing - Help with Personal Investments
Topic: Bond funds in 401
Replies: 4
Views: 328

Re: Bond funds in 401

Those aren't great choices. Is there a lower cost Target Fund or Balanced Fund that could hold the bond component for your friend? There are a couple of target funds in our 401, but the ERs for them is > 1%. :( If you have fixed-income space that needs to be filled by your total portfolio AA, then ...
by jay22
Mon May 09, 2016 11:22 am
Forum: Investing - Help with Personal Investments
Topic: Bond funds in 401
Replies: 4
Views: 328

Bond funds in 401

I am trying to help a co-worker with our 401(k). The bond funds in our plan really suck. I do not invest in any of these (since I just use TBM in my IRA). Any thoughts on which one to pick if you have to? The percentages below indicate the ERs. Thanks in advance! FA STABLE VALUE (7 day yield as of 0...
by jay22
Mon May 09, 2016 10:55 am
Forum: Investing - Theory, News & General
Topic: Why invest in consumer defensive
Replies: 15
Views: 1371

Re: Why invest in consumer defensive

I do not see any wrong in investing in the ETF version for a long term. It is a tilt, yes, but almost 50% of the fund is invested in very high quality companies. Worth noting that it lost less than S&P 500 in 2008 and has been going strong ever since.
by jay22
Fri May 06, 2016 4:48 pm
Forum: Personal Consumer Issues
Topic: Is buying organic really that expensive?
Replies: 111
Views: 10202

Re: Is buying organic really that expensive?

+1 - it's a total marketing ploy. I refuse to buy organic out of principle. When my wife disagrees then I'll buy my own non-organic version of whatever she is buying. She'll see the light one of these days since she keeps having to borrow my milk when hers goes bad like 3 days after opening. I also...
by jay22
Tue May 03, 2016 10:37 pm
Forum: Investing - Theory, News & General
Topic: How many funds in your portfolio?
Replies: 99
Views: 6429

Re: How many funds in your portfolio?

When I say I count them as one fund, I mean they're similar kinds of funds. Of course, given a choice, I would rather just invest in VTSMX, but lack of choices in my 401 makes it impossible.
by jay22
Tue May 03, 2016 10:25 pm
Forum: Investing - Theory, News & General
Topic: How many funds in your portfolio?
Replies: 99
Views: 6429

Re: How many funds in your portfolio?

Do IVV and VFIAX count as one fund or two funds? The reason I ask is because both are S&P500 index funds but in different accounts. And folks who have done tax-loss harvesting need shares in replacement funds, so maybe if one sells VFIAX, they need VLCAX. Does that mean holding VFIAX and VLCAX ...
by jay22
Tue May 03, 2016 10:14 pm
Forum: Investing - Theory, News & General
Topic: How many funds in your portfolio?
Replies: 99
Views: 6429

How many funds in your portfolio?

I firmly believe anything over 8-10 funds is an overkill - anything less than 5-7% of your portfolio will have negligible effect on the long term returns, but will introduce unnecessary complexity in it. Curious to know how many funds BHs have in their portfolio? We have 7 funds in our portfolio - 4...
by jay22
Tue May 03, 2016 6:15 pm
Forum: Investing - Theory, News & General
Topic: Does T.R. Price add value for its investors
Replies: 43
Views: 5040

Re: Does T.R. Price add value for its investors

I like TRW funds. Been thinking of investing 5% of my portfolio in their Media & Telecom fund, PRMTX, which has performed superbly since inception.
by jay22
Fri Apr 29, 2016 1:38 pm
Forum: Investing - Theory, News & General
Topic: Almost bought an individual stock today...
Replies: 44
Views: 3985

Re: Almost bought an individual stock today...

If I am so inclined, I'd rather invest in TRW Media & Telecom fund (PRMTX) than just Amazon.
by jay22
Fri Apr 29, 2016 10:38 am
Forum: Personal Finance (Not Investing)
Topic: Young Male Living with Parents
Replies: 83
Views: 4673

Re: Young Male Living with Parents

In my opinion, there are a few things to consider: 1. Is child moving forward in life (has a job/career with a future, saving money, developing friendships and interests) or stagnating/marking time (not working or working at a low income job with no plan or initiative to improve, spending everythin...
by jay22
Wed Apr 27, 2016 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: if you HAD to pick 2 actively managed funds???
Replies: 45
Views: 3261

Re: if you HAD to pick 2 actively managed funds???

ruralavalon wrote:
jay22 wrote:POGRX and VGHCX.

Fund names?

Sorry.
Primecap Odyssey Growth Fund
Vanguard Health care Fund.
by jay22
Tue Apr 26, 2016 10:09 am
Forum: Investing - Help with Personal Investments
Topic: Utah 529 Plan - fund selection
Replies: 5
Views: 500

Re: Utah 529 Plan - fund selection

tarheel wrote:I have two account, and both use RobertT's Utah allocation precisely. Google it, easy to find.

Are you talking about the allocation discussed here: viewtopic.php?t=118404?
by jay22
Mon Apr 25, 2016 8:16 pm
Forum: Investing - Help with Personal Investments
Topic: Utah 529 Plan - fund selection
Replies: 5
Views: 500

Re: Utah 529 Plan - fund selection

Grt2bOutdoors, yes, I realize it is an aggressive allocation - but given that I have 17-18 years ahead of me before these funds are used, I am perfectly at peace with it.
by jay22
Mon Apr 25, 2016 7:55 pm
Forum: Investing - Help with Personal Investments
Topic: Utah 529 Plan - fund selection
Replies: 5
Views: 500

Utah 529 Plan - fund selection

Good evening everyone - I know people here rate the Utah 529 plan highly. I opened an account for my 5 month old son and was wondering which fund do you guys recommend to go with? I was thinking of just going with the Age-Based Aggressive Global option because of the long term horizon. Do you think ...
by jay22
Wed Apr 20, 2016 10:31 am
Forum: Personal Consumer Issues
Topic: Better than amazon??
Replies: 65
Views: 8888

Re: Better than amazon??

For consumers concerned about business practices, you might want to listen to this podcast expose re: Amazon: http://www.radiolab.org/story/brown-box/ That is an eye opening story, thanks for posting. This is exactly why I have stopped ordering from Amazon; what they make their employees in the war...
by jay22
Tue Apr 19, 2016 2:24 pm
Forum: Investing - Theory, News & General
Topic: What is "wrong" with having more funds in a portfolio?
Replies: 70
Views: 4261

Re: What is "wrong" with having more funds in a portfolio?

Anything over 10 funds (and that's a lot) is an overkill - do you really think a fund that is 2-3% of your portfolio will do any good in the long run? Rebalancing will be a pain, not to forget the tax consequences.
by jay22
Mon Apr 18, 2016 9:17 pm
Forum: Forum Issues and Administration
Topic: How about a buy/sell (personal goods) forum?
Replies: 27
Views: 2881

Re: How about a buy/sell (personal goods) forum?

Sorry, but this is a non-starter. We are first and foremost an investing and personal finance forum. The "Consumer issues" is for "informed decisions about consumer goods and services (other than investing or financial)." The "Consumer issues" forum provides an easy wa...
by jay22
Mon Apr 18, 2016 12:33 pm
Forum: Personal Finance (Not Investing)
Topic: mortgage pre payment, why?
Replies: 101
Views: 11313

Re: mortgage pre payment, why?

We were struggling with this question when we bought our home. We decided the optimal way to handle this is go 50/50. Now, any extra money we have at the end of the month is split between extra payments on the mortgage the following month, and investing in a taxable account. At the current rate, we'...
by jay22
Mon Apr 18, 2016 10:24 am
Forum: Personal Consumer Issues
Topic: Better than amazon??
Replies: 65
Views: 8888

Re: Better than amazon??

Looks like I am the only one who has stopped buying from Amazon after NYT's article on how disgusting their policies are.

That article proved that Amazon is nothing more than a glorified Walmart.
by jay22
Mon Apr 18, 2016 10:16 am
Forum: Forum Issues and Administration
Topic: How about a buy/sell (personal goods) forum?
Replies: 27
Views: 2881

Re: How about a buy/sell (personal goods) forum?

gkaplan wrote:Please, no.

This is an investing forum, not the classifieds.

People here discuss what car to buy, share recipes, talk about work culture, get vacation ideas, get advice on home improvement, and so on.

So, no, it is not just an investing forum.
by jay22
Sun Apr 17, 2016 4:01 pm
Forum: Forum Issues and Administration
Topic: How about a buy/sell (personal goods) forum?
Replies: 27
Views: 2881

Re: How about a buy/sell (personal goods) forum?

I edited the title to remove any confusion.
by jay22
Sun Apr 17, 2016 1:56 pm
Forum: Forum Issues and Administration
Topic: How about a buy/sell (personal goods) forum?
Replies: 27
Views: 2881

Re: How about a buy/sell forum?

I am not talking about buying/selling securities, funds, shares etc. I am talking about personal goods. For example, someone might be looking to buy or sell an iPhone on that forum.
by jay22
Sun Apr 17, 2016 12:05 pm
Forum: Forum Issues and Administration
Topic: How about a buy/sell (personal goods) forum?
Replies: 27
Views: 2881

How about a buy/sell (personal goods) forum?

There are a couple of other forums which I visit that have a buy/sell forum. How about we have something similar here? I understand it can result in some headache, but if governed properly, it would be a good resource for members here if they are looking to sell something.

Thoughts?
by jay22
Mon Apr 11, 2016 2:49 pm
Forum: Personal Consumer Issues
Topic: Rental Car Help
Replies: 29
Views: 1755

Re: Rental Car Help

To piggyback on this question, do you guys buy insurance from the rental company while renting a car? I have always relied on my credit card company taking care of things if something happens, but wondering if that is unwise strategy.
by jay22
Mon Apr 11, 2016 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Saving for a down payment on a house
Replies: 7
Views: 1300

Re: Saving for a down payment on a house

Fieldsy1024 wrote:We are also saving for a down payment plus extra for repairs/emergency.

We are at Ally (1% int rate) and have just over 70k. When the interest comes out on the 25th, we get $700 which helps. 2 years of that and saving 700-800 a month of my own cash should build nicely.

$700 every year, you mean?
by jay22
Fri Apr 01, 2016 12:13 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 826
Views: 131112

Re: What are you up YTD? [Year To Date]

As of today, down 0.9% YTD.
by jay22
Fri Mar 18, 2016 11:58 am
Forum: Personal Consumer Issues
Topic: Baby learning videos/material
Replies: 13
Views: 1352

Re: Baby learning videos/material

My friend who has a 1.7 year old baby resides in a foreign country. She has asked me to buy some books/videos from the US that teaches a baby basic English. Can anyone suggest such things from Amazon? I think videos would be best, but I don't have a baby so I cannot relate well. Thanks. I highly re...
by jay22
Mon Mar 07, 2016 2:51 pm
Forum: Investing - Theory, News & General
Topic: Poll: Active Funds in Which You Invest
Replies: 76
Views: 4685

Re: Poll: Active Funds in Which You Invest

We invest in 2 active funds: VG Healthcare and Primecap Odyssey Growth (POGRX). These two constitute 20% of our portfolio.
by jay22
Mon Mar 07, 2016 12:37 pm
Forum: Personal Consumer Issues
Topic: Bread - The Cost and Convenience
Replies: 94
Views: 9249

Re: Bread - The Cost and Convenience

I used to buy the $1.50-$2.50 bread from Walmart/Safeway (Sara Lee, Pepperidge Farm, Arnold etc.) years ago but was horrified when I started reading the ingredients list on those breads; the list of preservatives is mind boggling. I couldn't understand why a simple loaf of bread would contain 20 dif...
by jay22
Mon Feb 29, 2016 3:52 pm
Forum: Investing - Theory, News & General
Topic: Berkshire Hathaway Inc., NYSE:BRK.B
Replies: 31
Views: 6538

Re: Berkshire Hathaway Inc., NYSE:BRK.B

I have debated buying Berkshire shares for a long time now. Every time, though, I conclude that it is better to just buy VG Mid Cap Index instead. :D
by jay22
Wed Feb 24, 2016 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Frustrated wtih how boring personal finance is
Replies: 40
Views: 4321

Re: Frustrated wtih how boring personal finance is

OP, what is your asset allocation? If you think you have saved a handsome sum, you might want to reduce the risk of your portfolio.
by jay22
Fri Jan 08, 2016 6:15 pm
Forum: Personal Finance (Not Investing)
Topic: Include 529 in net worth?
Replies: 32
Views: 2551

Re: Include 529 in net worth?

Sure, why not? I sold the assets of two 529 plans (I was the owner) and just put the money in my taxable accounts. I didn't have to pay any taxes nor penalties to do so. Indeed, the IRS gave me a tax refund for doing so. That's right, they paid me to do it. How about that? And then, if I wanted to ...
by jay22
Thu Jan 07, 2016 11:40 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2901
Views: 621575

Re: U.S. stocks in freefall

I cannot understand why so many experienced investors freak out when the market drops 2-3% every now and then. I mean, that is indeed the nature of the market, isn't it? It is not the first time it has happened, nor would it be the last.
by jay22
Mon Jan 04, 2016 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: How did your retirement Portfolio do in 2015?
Replies: 95
Views: 6993

Re: How did your retirement Portfolio do in 2015?

My 2015 XIRR was -1.5%.

It sucks, but I invested more than I did in 2014 in spite of increased expenses. I am hoping that will count for something in 20-30 years.
by jay22
Sat Jan 02, 2016 12:21 am
Forum: Personal Consumer Issues
Topic: Vacuum for hardwood
Replies: 46
Views: 3247

Re: Vacuum for hardwood

califboglehd wrote:Another vote for Hoover Linx, light and powerful. Gave one to my mom as a gift. She has since given 3 or 4 of them as gifts to friends....

How is the battery life on the Linx?

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