Search found 120 matches

by jh-1391
Mon Dec 11, 2017 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: 2018 financial goals - what are yours?
Replies: 78
Views: 6215

Re: 2018 financial goals - what are yours?

1. Max Roth IRA 2. Weather the sale of old home/purchase of new home with keeping 3 months of income in savings (I know, I know, EF is off limits, but I know myself so I'm being realistic). 3. Increase taxable savings to $400-$500 per month. 4. Increase 401k to 11% of income. 5. Finally get my vacat...
by jh-1391
Sun Dec 03, 2017 9:00 am
Forum: Investing - Help with Personal Investments
Topic: Index Funds in Taxable?
Replies: 10
Views: 702

Re: Index Funds in Taxable?

First of all, LifeStrategy is a fund of index funds. Second of all, since you are adding just $1500 to $2500 a year to the taxable account, I think any market losses can be made up just by a contribution or even an extra contribution. Third, your goals are wishy-washy and not specific as to time no...
by jh-1391
Sun Dec 03, 2017 8:16 am
Forum: Investing - Help with Personal Investments
Topic: Index Funds in Taxable?
Replies: 10
Views: 702

Re: Index Funds in Taxable?

midareff wrote: ↑
Sun Dec 03, 2017 8:02 am
I would not do what you are doing either. Total US Market, Total Int Market and IT Tax-Exempt Bond Fund.
So just to make sure I understand most of the sentiment so far, the Schwab Total Market is okay, but the LS fund is where the issue is?
by jh-1391
Sun Dec 03, 2017 8:15 am
Forum: Investing - Help with Personal Investments
Topic: Index Funds in Taxable?
Replies: 10
Views: 702

Re: Index Funds in Taxable?

I would not do what you are doing. I would not have LifeStrategy in taxable if I could have Total US Stock Market Index and Total Int'l Stock Market index instead. As for your 5-10 window, I just don't think like others. If my equity funds did not do the job, then I would find the money elsewhere. ...
by jh-1391
Sun Dec 03, 2017 7:46 am
Forum: Investing - Help with Personal Investments
Topic: Index Funds in Taxable?
Replies: 10
Views: 702

Index Funds in Taxable?

I have some questions in regards to taxable investing.. I have 2 taxable accounts. 1 is my taxable retirement account and is with the rest of my retirement accounts at Schwab, and is currently 100% in Schwab's Total Stock Market. The other taxable is with Vanguard and is in a 60/40 LifeStrategy fund...
by jh-1391
Thu Nov 09, 2017 10:50 am
Forum: Investing - Help with Personal Investments
Topic: What is a reasonable emergency fund for HI family?
Replies: 67
Views: 3940

Re: What is a reasonable emergency fund for HI family?

I guess it's a personal risk type of thing, but to me, I think everyone should have an emergency fund, regardless of income level. I am a "HI" family...over 6 figures and single so I guess that counts. But I work in a volatile industry and if I'm getting let go, it will be close to impossible to fin...
by jh-1391
Tue Nov 07, 2017 9:24 pm
Forum: Personal Finance (Not Investing)
Topic: How old are you and how much do you save for retirement a year
Replies: 150
Views: 13183

Re: How old are you and how much do you save for retirement a year

26

With maxing my Roth, my contributions, and my employer's in my 401k, I'm saving about $28k-ish
by jh-1391
Tue Nov 07, 2017 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: When did you start investing in taxable accounts?
Replies: 23
Views: 2616

Re: When did you start investing in taxable accounts?

26, 4 years after working full time. I've been maxing my Roth every year, but still not maxing my (pre-tax) 401k. I look at my taxable as another diversification of funds. My 401k is my absolute last resort if I ever needed to pull my money out of accounts, so I don't want nearly all of my net worth...
by jh-1391
Fri Aug 11, 2017 6:28 pm
Forum: Investing - Help with Personal Investments
Topic: Where To Put My Emergency Fund?
Replies: 58
Views: 4952

Re: Where To Put My Emergency Fund?

I get confused about this "emergency" fund business. Why is it separated from other investment funds? I can see for someone just starting out that there may be some utility to putting some money away in a separate account for an "emergency." But it seems to me that the req't for such an account dis...
by jh-1391
Thu Aug 10, 2017 8:47 pm
Forum: Investing - Help with Personal Investments
Topic: Diversify Your Emergency Fund?
Replies: 32
Views: 2549

Re: Diversify Your Emergency Fund?

I diversify but I do it to increase returns, not just to diversify. I also do it to help curb my spending. I'm an out of sight out of mind person. 1 month checking buffer 2 months savings attached to checking 3 months HYSA earning 1% And will have 3-6 months in I bonds and a 60/40 stock/bond fund ev...
by jh-1391
Fri Apr 21, 2017 4:25 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 422264

Re: What's Your Credit Card Rewards Strategy?

Just to make sure I follow, you booked business class on United for 70k miles and $280 fuel surcharges, one-way -- is that right? And that's non-stop to where in Italy? Just trying to get a sense of what the market is for business class to Italy. Personally, I'd be looking to start from NYC. In my ...
by jh-1391
Tue Apr 18, 2017 5:57 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 422264

Re: What's Your Credit Card Rewards Strategy?

Huh....I've had good success with Star Alliance international award availability. I also really like Aeroplan's 55K award price for biz between the US and Western Europe. Significantly cheaper than the 70K I'd pay for United partner awards, and I really have no way of getting more United miles at t...
by jh-1391
Tue Apr 18, 2017 5:56 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 422264

Re: What's Your Credit Card Rewards Strategy?

I have actually had decent luck with redemptions and availability on SkyTeam. Some of their itineraries aren't the greatest, but the points are easy to earn and availability has been good. Don't the fuel surcharges on Skyteam get in the way of good redemption value frequently? I just booked busines...
by jh-1391
Mon Apr 17, 2017 7:57 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 422264

Re: What's Your Credit Card Rewards Strategy?

It's pretty much impossible to use them for flights to Australia, or to Europe without flying BA and paying huge fuel surcharges. Well, not impossible, but for the average person who doesn't know all the tricks it's essentially impossible. There is plenty of availability to Asia though, and South A...
by jh-1391
Sun Apr 16, 2017 8:06 pm
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 422264

Re: What's Your Credit Card Rewards Strategy?

I am reconsidering cards with American airlines rewards as they seem to have devalued their product greatly by severely limiting seats. Agreed, at least in my experience so far. I got targeted for a 60k signup bonus and decided why not, and now I'm regretting it. I have 100,000 AA miles just collec...
by jh-1391
Wed Apr 05, 2017 10:31 am
Forum: Investing - Help with Personal Investments
Topic: Investing a Portion of Emergency Fund
Replies: 11
Views: 1301

Re: Investing a Portion of Emergency Fund

Like others have said, look into I Bonds. I'm currently in the process of moving a larger portion of my EF into I Bonds. While there are some savings accounts paying 1% and give you more flexibility in withdrawals, I like the safety and upside I get with I Bonds. Plus, because I don't think of them ...
by jh-1391
Wed Mar 22, 2017 6:52 am
Forum: Investing - Help with Personal Investments
Topic: Failing to understand taxable acct strat
Replies: 16
Views: 1974

Re: Failing to understand taxable acct strat

Would an S&P 500 fund be a terrible idea in taxable? I'm not too far into investing into Schwab's S&P index fund so I could switch strategies to total stock/total international if total stock would be substantially better. I realize it would expose me to small and mid cap companies more, but I'm jus...
by jh-1391
Tue Mar 21, 2017 6:57 am
Forum: Investing - Help with Personal Investments
Topic: Bonds Exchange in Taxable Account
Replies: 12
Views: 824

Re: Bonds Exchange in Taxable Account

This is slightly off topic to the OP, but it has to do with bonds, or lack thereof, in a taxable account.. So I operate my accounts (Roth IRA, company 401k, taxable brokerage) with independent asset allocations. What I mean is they all have identical allocations, just different funds based on what's...
by jh-1391
Mon Mar 20, 2017 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: State Farm
Replies: 34
Views: 3312

Re: State Farm

I was always happy with State Farm... ..until I found out they were charging me over $1,300 more than all competitors for my homeowner's insurance for the same coverage. No claims, ever, yet their homeowners coverage was $1,000-$1,300 more than everyone else. They were fine on auto. Now I'm with my ...
by jh-1391
Fri Mar 17, 2017 6:44 am
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs. Vangard?
Replies: 57
Views: 5912

Re: Fidelity vs. Vangard?

Both Fidelity and Vanguard are undergoing a transition to more tablet and mobile friendly sites. I'm not sure what you mean by the old Fidelity site two years ago, but just recently, I've noticed some very differently looking pages (style wise) in certain areas. The abrupt change in look/feel is di...
by jh-1391
Thu Mar 16, 2017 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: How Much in Your Emergency Fund And Is It Used?
Replies: 188
Views: 21573

Re: How Much in Your Emergency Fund And Is It Used?

I have 5 months of income in pure "emergency" dollars, an additional month in fluctuating dollars (vacations, semi-annual expenses, checking buffer, etc.). This comes out to about 10 months of 100% necessary monthly expenses if I didn't want to move or sell anything. I'm single and work in...
by jh-1391
Thu Mar 16, 2017 3:56 pm
Forum: Investing - Help with Personal Investments
Topic: Fidelity vs. Vangard?
Replies: 57
Views: 5912

Re: Fidelity vs. Vangard?

Their website is (to me) 10 times better. Maybe 100 times better .... I always hated having to do anything on the vanguard website. . . . and that's what makes horse races. I don't care for Fidelity's web site, but have no trouble with Vanguard's. My wife likes ice cream; I prefer sorbet. When I st...
by jh-1391
Tue Feb 28, 2017 12:11 pm
Forum: Personal Finance (Not Investing)
Topic: Ugh, why is buying a new car so painful?
Replies: 75
Views: 10060

Re: Ugh, why is buying a new car so painful?

I also just bought a pacifica (not hybrid though) which was my first new car purchase. Sorry if i might ramble but in my 2nd post here, I figured I'd tell the story of that car shopping experience. I was able to get great results at the dealer due to being direct and well-informed. I used NADA to g...
by jh-1391
Mon Feb 27, 2017 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: More support for backdoor Roth? [Roth IRA Decision reversing Tax Court]
Replies: 27
Views: 3781

Re: More support for backdoor Roth? [Roth IRA Decision reversing Tax Court]

I have successfully started to freak myself out over backdoor Roths. Finding this thread has given me more insight as to how the law treats them, but I'm curious. How are most people handling their conversions if they're over Roth income limits? Do many use it systematically every year? Or do they w...
by jh-1391
Wed Feb 08, 2017 2:15 pm
Forum: Investing - Theory, News & General
Topic: Mutual Fund/Broker Help
Replies: 5
Views: 475

Re: Mutual Fund/Broker Help

Vanguard for her, Schwab for him. Is there any particular reason your sister wants the accounts at the same place? If there is a good reason, maybe Schwab for both. Seems like having the best choice for each is better than any compromise, though. It would avoid any mixups on either end. Just simpli...
by jh-1391
Wed Feb 08, 2017 2:13 pm
Forum: Investing - Theory, News & General
Topic: Mutual Fund/Broker Help
Replies: 5
Views: 475

Re: Mutual Fund/Broker Help

It sounds like they do not know what they want because there are many contradictory wishes that you listed. A good trading platform but want single fund with automatic investing options, low fees? Sounds like Vanguard target date funds would be perfect for them. They should learn about the advantag...
by jh-1391
Wed Feb 08, 2017 12:17 pm
Forum: Personal Consumer Issues
Topic: Brokerage with Easiest Steps for IRA Conversion
Replies: 11
Views: 966

Re: Brokerage with Easiest Steps for IRA Conversion

Thanks everyone for the help. This is off-topic some, but on Fidelity can anyone buy their "Investor" class funds? Because I'm looking at their Target Date offerings, and they have the same funds that range in expenses from 0.1% to 0.77%. I know the lowest is institutional, but there are ...
by jh-1391
Wed Feb 08, 2017 12:14 pm
Forum: Investing - Theory, News & General
Topic: Mutual Fund/Broker Help
Replies: 5
Views: 475

Mutual Fund/Broker Help

Hey Bogles, I've been on here a lot recently asking some questions for my investment-adverse sister, and I have a few more. She's 28 going on 29 with basically no retirement savings so far. Her and her husband have started to prioritize and will be aggressively saving towards their retirements now, ...
by jh-1391
Wed Feb 08, 2017 11:51 am
Forum: Personal Consumer Issues
Topic: Brokerage with Easiest Steps for IRA Conversion
Replies: 11
Views: 966

Re: Brokerage with Easiest Steps for IRA Conversion

Thanks everyone for the help. This is off-topic some, but on Fidelity can anyone buy their "Investor" class funds? Because I'm looking at their Target Date offerings, and they have the same funds that range in expenses from 0.1% to 0.77%. I know the lowest is institutional, but there are a...
by jh-1391
Wed Feb 08, 2017 10:50 am
Forum: Personal Consumer Issues
Topic: Brokerage with Easiest Steps for IRA Conversion
Replies: 11
Views: 966

Re: Brokerage with Easiest Steps for IRA Conversion

Vanguard is incredibly easy nowadays, but so are Wellsfargo and TDAmeritrade. I've conversions at all 3 of theses. I haven't done one at Fidelity, but other transactions there are relatively easy such as rollovers. I suppose she could walk into a local Fidelity office and have someone do it for her...
by jh-1391
Wed Feb 08, 2017 8:18 am
Forum: Personal Consumer Issues
Topic: Brokerage with Easiest Steps for IRA Conversion
Replies: 11
Views: 966

Brokerage with Easiest Steps for IRA Conversion

Hey Bogles, this is an admittedly strange question, but asking for my finance-averse sister (and by that I mean she gets easily overwhelmed by investing). She and her husband have realized that as they're 1 year away from 30, they have done absolutely nothing for retirement so they've started by con...
by jh-1391
Tue Jan 31, 2017 11:04 am
Forum: Personal Finance (Not Investing)
Topic: Roth IRA for Married Filing Separately
Replies: 1
Views: 462

Roth IRA for Married Filing Separately

Hi Bogleheads, I have a question that I'm asking for my sister and brother-in-law. They are married but file separately. She has income-based student loan repayment and he is a naval officer, so they file separately so her payments are based on her income (she's in a loan forgiveness program so tryi...
by jh-1391
Thu Jan 12, 2017 8:11 am
Forum: Investing - Help with Personal Investments
Topic: thoughts about financial advisors comments regarding roth 401k
Replies: 30
Views: 3769

Re: thoughts about financial advisors comments regarding roth 401k

I feel like if you're able to comfortably fund the max contributions to a traditional 401k, then mixing in some as Roth contributions may be the right step. If you can comfortably fund the max for a Roth 401k, then I probably would. I have the Roth option with my 401k, but I'm currently not maxing m...
by jh-1391
Thu Jan 12, 2017 8:08 am
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your emergency fund?
Replies: 80
Views: 7937

Re: Where do you keep your emergency fund?

having an emergency fund was one of the dumbest financial moves i made. i have enough in taxable accts to cover emergencies, with a quick sale of funds. I wish i had invested those emergency dollars a long time ago, instead of letting them languish. I think the recommendation can be dubious. Funny....
by jh-1391
Thu Dec 15, 2016 2:19 pm
Forum: Personal Consumer Issues
Topic: How will you tip this Christmas?
Replies: 51
Views: 5251

Re: How will you tip this Christmas?

I'm baking cookies for all of my field guys that get stuff done for me while I sit in my office. It's not expensive, doesn't take too much of my time, and I KNOW sometimes what I ask them to do is a pain in the butt. It's their job of course, and they get paid to do it, but that doesn't mean I can't...
by jh-1391
Wed Oct 19, 2016 9:38 am
Forum: Investing - Help with Personal Investments
Topic: Do Bogleheads use Robo Advisors?
Replies: 39
Views: 5208

Re: Do Bogleheads use Robo Advisors?

I do and I don't. Currently, my 401k is with Schwab, the company my employer has it with, and my IRA is with Vanguard. I was trying to use Fidelity (trying all of the low cost investor sites probably wasn't my best idea, but now I know) for my non-retirement account/non-emergency fund investing, but...
by jh-1391
Fri Oct 14, 2016 10:49 am
Forum: Personal Finance (Not Investing)
Topic: How to Handle Saving for (Large) Future Purchases?
Replies: 7
Views: 640

Re: How to Handle Saving for (Large) Future Purchases?

I'll actually chime in with what I do right now. I have three accounts currently that aren't retirement or emergency money. One is a holding account so I can start saving for next year's Roth. One is a revolving account where I save for insurance and other semi-annual expenses. One is a short term/v...
by jh-1391
Fri Oct 14, 2016 10:34 am
Forum: Personal Finance (Not Investing)
Topic: How to Handle Saving for (Large) Future Purchases?
Replies: 7
Views: 640

How to Handle Saving for (Large) Future Purchases?

I'm wondering how most people handle the possibility of large purchases in the future? And when I say possibility, I know I will eventually do some of this stuff, but I don't currently plan on doing them in the short term (3-5 years). For example, I have a 5 year old house. Nothing needs work now, b...
by jh-1391
Thu Oct 13, 2016 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Priority/Strategy Check-In
Replies: 10
Views: 1017

Re: Financial Priority/Strategy Check-In

I will preface this by saying it's fairly "unboglehead" of me (and it's market timing) but if you have a small amount of options (less than lets say 10k worth) and they have 7 years left before expiration then I would absolutely hold on to them. I think oil prices will rise (eventually) a...
by jh-1391
Thu Oct 13, 2016 1:20 pm
Forum: Personal Finance (Not Investing)
Topic: Financial Priority/Strategy Check-In
Replies: 10
Views: 1017

Re: Financial Priority/Strategy Check-In

Thank you all so much for the feedback. A few clarifications: - I actually am maxing out my HSA now; I apologize for not making that clearer. I didn't my first year, and I'm pretty much always using it to pay medical bills right now rather than pay out-of-pocket then reimburse, so that's why it does...
by jh-1391
Thu Oct 13, 2016 7:20 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 2322
Views: 422264

Re: What's Your Credit Card Rewards Strategy?

I wouldn't get too caught up in getting the "greatest value". I read that on all the sites - only use for international, only use for business class, etc. That is great, but I decided to get points in order to get my family to Italy. I guess if you are single, or a couple, it is great to ...
by jh-1391
Thu Oct 13, 2016 7:12 am
Forum: Personal Finance (Not Investing)
Topic: Financial Priority/Strategy Check-In
Replies: 10
Views: 1017

Financial Priority/Strategy Check-In

Okay, so I haven't posted here in a while. Finances have been auto pilot for the most part and been working to meet my Emergency Fund goal and pay off my car loan. I finished my EF and now working on my second goal and making good progress. What's prompting this re-evaluation is I was having some di...
by jh-1391
Fri Apr 24, 2015 7:41 am
Forum: Personal Finance (Not Investing)
Topic: Marriage and splitting expenses
Replies: 112
Views: 11595

Re: Marriage and splitting expenses

I've been with my spouse for some time, but we've never lived together (married recently, no kids, and currently long-distance because of work), so our finances have been completely separate. We're moving in together this summer, and we're trying to figure out the best way to divide expenses. Spous...
by jh-1391
Wed Apr 22, 2015 7:07 am
Forum: Personal Finance (Not Investing)
Topic: One Spouse Outearning the Other?
Replies: 64
Views: 7607

Re: One Spouse Outearning the Other?

My wife has always out-earned me. A good 50% more, many years... I highly recommend it. (I really cannot understand anyone who would be upset by this) It's amazing the egos on some "successful" men. Actually, I see it most in up-and-comers that they resent a higher earning wife/SO. I knew...
by jh-1391
Thu Apr 09, 2015 6:58 am
Forum: Personal Finance (Not Investing)
Topic: Cost of College & Weighing the Merits of Top Schools
Replies: 304
Views: 31590

Re: Cost of College & Weighing the Merits of Top Schools

My point is this: say your kid wants to be a doctor, med school is guaranteed, so why go to Harvard pre-med when you can go to a very good state school program (if offered)? I'm not saying short-change your's or your child's education. I don't have the stats, but I would be surprised if even half o...
by jh-1391
Wed Apr 08, 2015 4:25 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of College & Weighing the Merits of Top Schools
Replies: 304
Views: 31590

Re: Cost of College & Weighing the Merits of Top Schools

I'll preface this with saying I graduated from one of the best programs in the country for my degree, which happened to be at a state school: For graduate programs, name matters if you don't have previous networking/connections in your field of choice. For undergraduate programs, not so much. I don...
by jh-1391
Wed Apr 08, 2015 3:17 pm
Forum: Personal Finance (Not Investing)
Topic: Cost of College & Weighing the Merits of Top Schools
Replies: 304
Views: 31590

Re: Cost of College & Weighing the Merits of Top Schools

I'll preface this with saying I graduated from one of the best programs in the country for my degree, which happened to be at a state school: For graduate programs, name matters if you don't have previous networking/connections in your field of choice. For undergraduate programs, not so much. I don'...
by jh-1391
Tue Mar 31, 2015 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Completely new early twenty something needs help!
Replies: 37
Views: 3448

Re: Completely new early twenty something needs help!

Here's what I would do, if I were you and wanted to go the envelope route - 1) get your paycheck direct deposit into your newly opened checking account 2) withdraw however much your "must have" expenses are for the month/two weeks (since you're paid bi-weekly), and stash that into the enve...
by jh-1391
Mon Mar 16, 2015 8:31 am
Forum: Personal Finance (Not Investing)
Topic: How do you structure/hold your Emergency Funds (EF)?
Replies: 22
Views: 3478

Re: How do you structure/hold your Emergency Funds (EF)?

My plan is based on my income, not my expenses just to be more conservative. Not there yet but getting there: 1 month in a savings account attached to my checking, available same business day (this is mostly for those true emergency type of expenses that I would need to take care of immediately: hos...
by jh-1391
Fri Mar 13, 2015 7:27 am
Forum: Personal Consumer Issues
Topic: $600 night guard for teeth grinding, really?
Replies: 92
Views: 16901

Re: $600 night guard for teeth grinding, really?

I grind and clench my jaw at night. Got a custom fitted one and the difference is staggering. My dad had been using an OTC and he still has some grinding issues. There are two things on my body that I make sure I take very good care of - my teeth and my feet. $600 pales in comparison to significant ...