Search found 1201 matches

by mega317
Sun Dec 10, 2017 11:28 pm
Forum: Personal Finance (Not Investing)
Topic: Bought house, got married - What to do w/ retirement + savings?
Replies: 4
Views: 879

Re: Bought house, got married - What to do w/ retirement + savings?

You would do the back door Roth in addition to 401k/403b because it gives you more tax-advantaged space. IRA contribution limits apply to your total income if you're filing jointly.
by mega317
Sun Dec 10, 2017 11:17 pm
Forum: Investing - Help with Personal Investments
Topic: Discretionary speculation and stock trading
Replies: 4
Views: 214

Re: Discretionary speculation and stock trading

Lots of people do. It doesn't appeal to me. I know I'll never be good at it (consistently beat the market), and I figure if I'm going to spend money doing something poorly, I can find something outdoors.
by mega317
Sun Dec 10, 2017 11:09 pm
Forum: Personal Finance (Not Investing)
Topic: Newlyweds in West Los Angeles
Replies: 7
Views: 647

Re: Newlyweds in West Los Angeles

Normal people with normal salaries (you) are why the 405 south and 10 West are so horrible in the mornings, and the opposite in the evenings. I agree with the advice to max retirement accounts and rent. Lots can change, many people get sick of LA cost of living after a time and move. Sometimes havin...
by mega317
Sat Dec 09, 2017 12:17 am
Forum: Personal Finance (Not Investing)
Topic: Save all this money, what do you splurge on?
Replies: 133
Views: 8237

Re: Save all this money, what do you splurge on?

Good seats to sporting events and concerts. New items that I usually recommend people buy used (most recently a nice stroller). My wife goes out for coffee a few times a week. I'm considering a second laptop that I can mostly leave at work so that I don't have to switch between the two VPNs I need t...
by mega317
Sat Dec 09, 2017 12:08 am
Forum: Investing - Help with Personal Investments
Topic: Help choosing bond fund for nontaxable work acct
Replies: 6
Views: 345

Re: Help choosing bond fund for nontaxable work acct

I will add that high-yield bonds are correlated with stocks more than lower risk bonds. Stocks have been doing well which is why those bond funds have been doing well. They will suffer during the next stock downturn. That move would not reduce your risk as much as you think.
by mega317
Fri Dec 08, 2017 11:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Investment Advice
Replies: 19
Views: 2013

Re: Vanguard Investment Advice

Are you upset? You went to Vanguard for advice so you had to figure they were going to do something like a four fund portfolio. You gave them one constraint with the stock/bond ratio. So the only decisions left to make are the international proportions. I don't know if they were intending to make it...
by mega317
Fri Dec 08, 2017 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Suddenly have money! Now what?
Replies: 8
Views: 1873

Re: Suddenly have money! Now what?

I will give you my anecdote. We were in "pile up money" mode for a few years because we figured we'd be buying a house and trying to have a second child around the same time. Lucky for us those have come to pass. Unfortunately my wife has had very minor issues with the pregnancy, and because we have...
by mega317
Fri Dec 08, 2017 11:18 pm
Forum: Investing - Help with Personal Investments
Topic: Help with Fidelity Mutual Funds for 401k
Replies: 9
Views: 603

Re: Help with Fidelity Mutual Funds for 401k

crumbone wrote:
Fri Dec 08, 2017 6:03 pm
Yes, a 3-fund portfolio would be FSTVX, FTIPX, and FSITX.
I love the idea of the hot index fund! Almost all my money is in the three funds listed above.
by mega317
Fri Dec 08, 2017 11:15 pm
Forum: Personal Finance (Not Investing)
Topic: This close to withdrawing 27K...
Replies: 6
Views: 1720

Re: This close to withdrawing 27K...

Welcome to the forum. The gospel here is never touch your retirement accounts, but I don't know. If you are otherwise on track for retirement I wouldn't rule it out. If this money was in a taxable account, would you even hesitate? If you have a strong business that you know well and are confident yo...
by mega317
Fri Dec 08, 2017 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: Got a little carried away, now stuck...
Replies: 12
Views: 2732

Re: Got a little carried away, now stuck...

jzco wrote:
Fri Dec 08, 2017 3:39 am
It is just so bleh owning only one fund.
I suggest you really examine why you feel that way.

Owning one fund sounds wonderful to me. I don't do it, mostly for tax reasons, but I plan to move that way in retirement.
by mega317
Fri Dec 08, 2017 10:50 pm
Forum: Investing - Help with Personal Investments
Topic: What Bonds to Hold in Taxable?
Replies: 7
Views: 807

Re: What Bonds to Hold in Taxable?

Did anything trigger you to ask this question other than reading the WCI post? What is your state and bracket? I think bonds should go in tax-deferred for most people--taxable bonds have higher yield for equivalent risk, the account grows more slowly which limits RMDs, and stocks are taxed more favo...
by mega317
Thu Dec 07, 2017 11:48 pm
Forum: Personal Consumer Issues
Topic: Gift Giving Strategy for Married Couples
Replies: 20
Views: 1551

Re: Gift Giving Strategy for Married Couples

My wife and I only do when we find something that would be a really good gift. As a result, there have been holidays/anniversaries/birthdays in which one of us got a gift and the other didn't. It has seemed to even out. No big deal. I would rather get a mediocre gift than have to ask for something. ...
by mega317
Thu Dec 07, 2017 11:42 pm
Forum: Investing - Help with Personal Investments
Topic: Non-retirement savings newbie help
Replies: 4
Views: 496

Re: Non-retirement savings newbie help

I agree, keep it in savings. You probably don't want to be risking loss in stocks. It wouldn't be crazy to use something like a short-term bond fund but you'd be adding some risk for what is, in my opinion, insignificant upside.
by mega317
Thu Dec 07, 2017 11:35 pm
Forum: Investing - Help with Personal Investments
Topic: Temporary investing (maybe)
Replies: 3
Views: 307

Re: Temporary investing (maybe)

It no longer matters where this money came from. I'd put 40% in an FDIC insured account for the future down payment. The other 60% is no different from all of your other money. I would therefore invest it as the rest of your money is invested.
by mega317
Thu Dec 07, 2017 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Guidance
Replies: 3
Views: 293

Re: Portfolio Guidance

70/30 is rather stock-heavy for a retiree. What is your withdrawal rate? In the 15% bracket you don't pay capital gains taxes so you can get out of at least some of your taxable funds for free. Though I don't know how the income will affect SS if that's relevant for you. Your allocation plan seems f...
by mega317
Thu Dec 07, 2017 5:45 pm
Forum: Personal Finance (Not Investing)
Topic: End of year Review
Replies: 3
Views: 786

Re: End of year Review

85/15 is a little light on bonds for my taste. I am near your age and 75/25. But it isn't wrong. If you're over the Roth limit, use the back door. It doesn't seem you have traditional IRAs that would complicate this. I think it's needlessly complicated to hold both target date funds and individual f...
by mega317
Thu Dec 07, 2017 5:32 pm
Forum: Investing - Help with Personal Investments
Topic: First post - Help maintaining my target allocation across Vanguard/Fidelity/TIAA
Replies: 4
Views: 349

Re: First post - Help maintaining my target allocation across Vanguard/Fidelity/TIAA

I'd get out of TIBFX. You can make the 403b entirely bonds which gets you most of the way to your desired AA, and it seems that account will be getting more new contributions so it will be 28% of your portfolio soon. I would definitely also consider TIAA traditional. I know nothing about it but ther...
by mega317
Thu Dec 07, 2017 5:16 pm
Forum: Investing - Theory, News & General
Topic: There Are No Good Reasons to Buy Stock
Replies: 5
Views: 1593

Re: There Are No Good Reasons to Buy Stock

Behind a paywall, didn't read.

So the WSJ is calling now the top of the market for all time? The reasons listed in your excerpt are about speculation, not investing. And if "there was no alternative" a year ago, what's different today?
by mega317
Thu Dec 07, 2017 5:00 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio Investment Advice, Small Taxable Acc't Ideas
Replies: 3
Views: 287

Re: Portfolio Investment Advice, Small Taxable Acc't Ideas

Muni funds outside of Vanguard are more expensive. I haven't done careful research but I believe at Fidelity you're better off in the national muni funds than state-specific. And in the 25% bracket you're probably just better off with a total bond fund. I see nothing wrong with including your taxabl...
by mega317
Thu Dec 07, 2017 12:34 pm
Forum: Personal Consumer Issues
Topic: Okay come clean....How man people share passwords for streaming services?
Replies: 41
Views: 1522

Re: Okay come clean....How man people share passwords for streaming services?

Netflix has, in the recent past, said something like they don't care if people share passwords as long as they're not selling them.
by mega317
Thu Dec 07, 2017 12:31 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage as percentage of take-home pay
Replies: 79
Views: 5553

Re: Mortgage as percentage of take-home pay

Jags4186 wrote:
Thu Dec 07, 2017 8:05 am
I'd also be curious to know the percentage of renters in the markets vs home owners. After all, the real question is what is the median income of home buyers not everyone.
+1. I have lived in both LA and San Diego and those ratios don't reflect reality.
by mega317
Wed Dec 06, 2017 10:54 pm
Forum: Investing - Help with Personal Investments
Topic: Best financial/Investing book in your opinion to read
Replies: 7
Views: 800

Re: Best financial/Investing book in your opinion to read

I believe you can be a very smart and successful investor without knowing much at all. The Little Book of Common Sense Investing I think pretty much covers it. That plus a few hours on this site/wiki should be all you need. Behavioral stuff is good to understand also. I haven't read the other books ...
by mega317
Wed Dec 06, 2017 10:46 pm
Forum: Investing - Help with Personal Investments
Topic: Help- late beginner opening a ROTH at Vanguard
Replies: 3
Views: 372

Re: Help- late beginner opening a ROTH at Vanguard

I agree--max a Roth and HSA, then contribute what you can to the 401k. I can't recommend a specific fund without a larger picture, but in general I would (and do, with one exception) hold nothing but total US stock index, total international stock index, and total bond index funds. I would prefer st...
by mega317
Wed Dec 06, 2017 10:37 pm
Forum: Investing - Help with Personal Investments
Topic: 18 Year old Wants To Start Investing in Roth IRA
Replies: 5
Views: 518

Re: 18 Year Old Wants To Start Investing In Roth IRA

100% stock may not be the best way to go for an 18 year old. He will likely have some large short-term expenses such as car and traveling, even if college is covered. Might as well fill a Roth if he can, contributions can be withdrawn without penalty, but it could be reasonable to have a much more c...
by mega317
Wed Dec 06, 2017 4:09 pm
Forum: Investing - Help with Personal Investments
Topic: 3 fund vs Target
Replies: 10
Views: 584

Re: 3 fund vs Target

In addition to taxes, you get less control over what you hold. I use Vanguard, but I don't want international bonds, for example. If you use multiple custodians (my work plans are at Fidelity) then a mix of target date funds requires, to my mind, more effort to maintain the portfolio at desired allo...
by mega317
Wed Dec 06, 2017 2:28 pm
Forum: Investing - Help with Personal Investments
Topic: Risk management
Replies: 8
Views: 715

Re: Risk management

Haha no suggestions, I have no idea what any of this means. I would have answered yes. If they think the answer is yes, then you're on the same page. If they think it's no, then maybe they see you as someone who can help them make money.

Did you get the job?
by mega317
Wed Dec 06, 2017 1:27 pm
Forum: Personal Consumer Issues
Topic: Boglehead's approach to holiday gift giving?
Replies: 4
Views: 364

Re: Boglehead's approach to holiday gift giving?

IMO one of the great benefits of living below your means is to be able to easily afford to give nice gifts if you want. And giving nice gifts usually makes the recipient happy, which makes me happy.
by mega317
Wed Dec 06, 2017 1:21 pm
Forum: Investing - Help with Personal Investments
Topic: Portolio and Approach Feedback
Replies: 3
Views: 378

Re: Portolio and Approach Feedback

Overall I think you're doing great. My own plan is to be 30% bonds when I'm your age, and I prefer at least 6 months emergency fund. I would find it easier to rebalance now into what you want, and then direct future contributions at the desired ratio. But either way works. Can you further explain yo...
by mega317
Wed Dec 06, 2017 1:09 pm
Forum: Investing - Theory, News & General
Topic: Index funds....encourage market timing/stock picking?
Replies: 2
Views: 536

Re: Index funds....encourage market timing/stock picking?

The article you link doesn't really have much substance, and I think (though I didn't read all 55 pages) it slightly overstates the conclusions of the referenced study. I think I've come to the conclusion that someone who wants to speculate is going to do so. In the past one might have purchased sha...
by mega317
Wed Dec 06, 2017 1:02 pm
Forum: Investing - Help with Personal Investments
Topic: Risk management
Replies: 8
Views: 715

Re: Risk management

Synovus seems to have done well in the Cabelas-Bass deal. But that was earlier in the year, maybe things are different now. Why do you ask?
by mega317
Wed Dec 06, 2017 12:55 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Total Bond fund for low tax bracket?
Replies: 3
Views: 566

Re: Vanguard Total Bond fund for low tax bracket?

Total Bond in a low bracket is fine. But having just sold her house is now completely irrelevant. The proceeds of the sale are the same as any other money. Invest the proceeds exactly according to the previous asset allocation unless you (she?) have made a conscious decision to change the AA.
by mega317
Wed Dec 06, 2017 12:52 pm
Forum: Investing - Theory, News & General
Topic: Why would I invest in this bond fund vs keeping it in a savings account?
Replies: 3
Views: 892

Re: Why would I invest in this bond fund vs keeping it in a savings account?

Also the SEC yield of 1.86% is higher than a savings account, and as you mention not taxed by the state.
EDIT Beaten to the punch.
by mega317
Wed Dec 06, 2017 12:39 pm
Forum: Personal Finance (Not Investing)
Topic: Mortgage as percentage of take-home pay
Replies: 79
Views: 5553

Re: Mortgage as percentage of take-home pay

Depends completely on context. DINK is very different from 3 kids in daycare/private school, for example. But if you make millions with a ridiculous house, then private school would only be a drop in the bucket.
by mega317
Wed Dec 06, 2017 12:33 am
Forum: Personal Consumer Issues
Topic: Vegas on a budget
Replies: 49
Views: 3568

Re: Vegas on a budget

I agree, no car. Traffic can be tough, parking annoying. You'll save time with Uber/taxi, and money with a bus. I find it refreshing to walk the long distances after sitting for a long time eating, gambling, watching sports, etc.
by mega317
Wed Dec 06, 2017 12:23 am
Forum: Investing - Help with Personal Investments
Topic: Safe place to move cash for better return
Replies: 4
Views: 1041

Re: Safe place to move cash for better return

What's the money for? If long-term (e.g. retirement) then you shouldn't worry about interest rate changes and fluctuations in price. If short term, then short-term bonds or CDs, or a savings account or iBonds or cash under the mattress, could be appropriate--the yield differences will be so low that...
by mega317
Wed Dec 06, 2017 12:18 am
Forum: Personal Finance (Not Investing)
Topic: New homeowner/Struggling to manage money
Replies: 6
Views: 1463

Re: New homeowner/Struggling to manage money

I would also like to know more about the house. I would typically suggest someone your age not own a house since it ties you to an area and might not be a fit for a future family, which might come sooner than you think. It might make sense to sell this house so you don't have to worry about it.
by mega317
Wed Dec 06, 2017 12:15 am
Forum: Investing - Theory, News & General
Topic: Corporate & Treasury Bonds: Where's the risk?
Replies: 21
Views: 1928

Re: Corporate & Treasury Bonds: Where's the risk?

Nisiprius had a nice post in a recent thread https://www.bogleheads.org/forum/viewtopic.php?t=232550#p3623791 and showed that even a bond "massacre" barely registers in terms of actual losses. (I hope I understood his point.) So yes there's risk but I think the answer to "how bad can it get" is "not...
by mega317
Tue Dec 05, 2017 12:06 pm
Forum: Local Chapters and Bogleheads Community
Topic: Holiday thanks to Bogleheads. How have they helped you?
Replies: 14
Views: 1332

Re: Thanking Bogleheads. How have they helped you. . . or others? Who have you learned what area of advice from?

We've missed grabiner who I have found to be incredibly smart, patient, and lucid, especially on fixed income and taxes.
by mega317
Tue Dec 05, 2017 2:06 am
Forum: Personal Consumer Issues
Topic: Week in San Diego over Christmas
Replies: 17
Views: 1079

Re: Week in San Diego over Christmas

Also the pacific coast grill in Cardiff is one of the only places I know where you can eat basically right on the beach. Most coastal land is parks or residential.
by mega317
Tue Dec 05, 2017 2:04 am
Forum: Investing - Help with Personal Investments
Topic: Ever seen a 401k with so few options?
Replies: 13
Views: 984

Re: Ever seen a 401k with so few options?

How far out of balance are you? What's your desired AA?You should be able to catch up with the latest target fund, and putting new contributions in bonds in Roth and taxable as needed.
by mega317
Tue Dec 05, 2017 1:59 am
Forum: Personal Finance (Not Investing)
Topic: Bought house, got married - What to do w/ retirement + savings?
Replies: 4
Views: 879

Re: Bought house, got married - What to do w/ retirement + savings?

Your income is near ours. If you're deferring ~60k I don't think you worry about AMT. Buy tax software and plug your numbers. Don't speculate on tax law, but you already bought the house so what does it matter? It's possible that changes any time in the next 30 years could slightly alter your plans....
by mega317
Tue Dec 05, 2017 1:41 am
Forum: Personal Consumer Issues
Topic: Dollar Store Hacks
Replies: 27
Views: 4214

Re: Dollar Store Hacks

Not what you're looking for but I have found the dollar store can be a great source of gifts for younger kids, and millenials (me) who miss being a kid. We've loved racing to put together 100 piece puzzles or playing with dumb little toys on Christmas morning.
by mega317
Tue Dec 05, 2017 1:19 am
Forum: Personal Consumer Issues
Topic: Week in San Diego over Christmas
Replies: 17
Views: 1079

Re: Week in San Diego over Christmas

+1 Torrey pines hike. If you drive to the top the hiking will be doable for 4 year old.

I love North Beach del mar. It is also an off-leash dog park which I find fun. And at low tide you can walk quite a ways.

Beaches are fun but know the water is COLD. There can also be a cold wind at the coast.
by mega317
Tue Dec 05, 2017 1:08 am
Forum: Investing - Theory, News & General
Topic: Unsolicited advice - 32 yo w/ 80% bonds, fixed income fund
Replies: 36
Views: 3097

Re: Unsolicited advice - 32 yo w/ 80% bonds, fixed income fund

You didn't tell us what fixed income your friend uses but it sounds like you want to suggest he increase risk which, depending on his own situation, might be bad advice.
by mega317
Tue Dec 05, 2017 1:05 am
Forum: Personal Consumer Issues
Topic: Understanding the World of Credit Card "Points"
Replies: 60
Views: 3312

Re: Understanding the World of Credit Card "Points"

viewtopic.php?t=192008

Here is a 2k+ post thread on this topic. Should cover your free time for the month.
by mega317
Mon Dec 04, 2017 4:49 pm
Forum: Investing - Help with Personal Investments
Topic: Time to Rebalance Portfolio
Replies: 7
Views: 574

Re: Time to Rebalance Portfolio

If you are withdrawing, tax-deferred are 100% FI, and you have decided never to sell stocks in taxable, then you are at an impasse. However you also mention Roth contributions, so clearly you have some earned income? If you have enough in FI in tax-deferred to last the rest of your life, then there ...
by mega317
Mon Dec 04, 2017 4:41 pm
Forum: Investing - Help with Personal Investments
Topic: Which Vanguard MMF?
Replies: 13
Views: 1533

Re: Which Vanguard MMF?

If you're in the 33% bracket or above, the municipal fund might make more sense.
by mega317
Sun Dec 03, 2017 11:33 pm
Forum: Personal Finance (Not Investing)
Topic: Keep SUV or Trade in? Financials...
Replies: 11
Views: 1098

Re: Keep SUV or Trade in? Financials...

A couple things. "Paying for" depreciation is a fine concept, I guess, but it has nothing to do with financing. Then you're just paying for depreciation plus interest on the loan. Depreciation isn't linear. If you keep buying new cars you'll be buying the most depreciation. A Tahoe or Yukon is not c...
by mega317
Sun Dec 03, 2017 10:57 pm
Forum: Investing - Help with Personal Investments
Topic: Bond choices in multiple 401(k) accounts
Replies: 12
Views: 799

Re: Bond choices in multiple 401(k) accounts

2. I'd use the VG treasury. If you want to take a little more risk, own some corporates in your Roth or increase your stock allocation slightly. 1. Since I recommended a fund with ER 0.1%, we are talking about 6 basis points or $200 this year if you consolidate. I would only do that if you really pr...
by mega317
Sun Dec 03, 2017 9:25 pm
Forum: Personal Consumer Issues
Topic: Target Gift Cards are 10% Off Today (Sunday 12/3/17)
Replies: 17
Views: 1914

Re: Target Gift Cards are 10% Off Today (Sunday 12/3/17)

Mudpuppy wrote:
Sun Dec 03, 2017 8:43 pm
mega317 wrote:
Sun Dec 03, 2017 8:41 pm
And target is a 5% category for Discover It this quarter.
Technically, Discover could disallow the rewards points if you just bought gift cards and they found out about it. Practically speaking, they only go to such extremes for the people who go overboard on such deals.
Good point, thank you.