Search found 3166 matches

by mhc
Tue Aug 30, 2016 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Automatic Investments with Vanguard
Replies: 5
Views: 390

Re: Automatic Investments with Vanguard

You may change the automatic investment.
by mhc
Tue Aug 30, 2016 12:34 pm
Forum: Personal Consumer Issues
Topic: Thank you gift for someone with everything
Replies: 21
Views: 1493

Re: Thank you gift for someone with everything

Is there a local business with a good locally made product like cheese, beer, candy? Send them a card and the local product.
by mhc
Tue Aug 30, 2016 10:54 am
Forum: Investing - Help with Personal Investments
Topic: how fast to max out your 401(k) 18K in a given year?
Replies: 36
Views: 2532

Re: how fast to max out your 401(k) 18K in a given year?

If there is a no match or there is a true up on matches, then max out as early as possible, especially if you are also going to contribute to an after tax account. Who knows, you may lose your job and not find work for the rest of the year. Get the money in while you can. What does 'true up' mean? ...
by mhc
Tue Aug 30, 2016 8:13 am
Forum: Personal Consumer Issues
Topic: How Does Your money Make Money?
Replies: 39
Views: 3635

Re: How Does Your money Make Money?

First invest in yourself to increase your earning potential. Focus on generating the money. While focusing on earning, save and live below your means. Invest in low cost index funds and stay the course. Investing in the market is easy. Earning a good paycheck is hard work.
by mhc
Tue Aug 30, 2016 8:06 am
Forum: Investing - Help with Personal Investments
Topic: how fast to max out your 401(k) 18K in a given year?
Replies: 36
Views: 2532

Re: how fast to max out your 401(k) 18K in a given year?

If there is a no match or there is a true up on matches, then max out as early as possible, especially if you are also going to contribute to an after tax account. Who knows, you may lose your job and not find work for the rest of the year. Get the money in while you can.
by mhc
Mon Aug 29, 2016 7:58 am
Forum: Investing - Help with Personal Investments
Topic: Do you count your emergency fund?
Replies: 45
Views: 2724

Re: Do you count your emergency fund?

I have: 80% Stocks 19% bonds 1% cash The cash is for expenses and anything that may come up. When the cash part gets too large, I buy more stocks/bonds. Whatever is in my checking and savings account at the point of retirement will be used for retirement, so it is part of my retirement fund. Since i...
by mhc
Fri Aug 26, 2016 12:07 pm
Forum: Personal Finance (Not Investing)
Topic: Can we get by without permanent life insurance?
Replies: 68
Views: 3645

Re: Can we get by without permanent life insurance?

I'm still working and not yet 50. I have a DW and kids. I do not need life insurance. Between savings and SS benefits, my family would be fine.

If not, my DW better re-marry or get a job.
by mhc
Fri Aug 26, 2016 12:04 pm
Forum: Investing - Help with Personal Investments
Topic: What portfolio rebalancing tool do you use?
Replies: 16
Views: 1422

Re: What portfolio rebalancing tool do you use?

With a simple portfolio as is the Boglehead way, like with just 2 or 3 funds, couldn't you just use, say, Yahoo Finance or the like to save your portfolio and show the percentages and just buy/sell as needed to get back to your intended allocation? That would be nice, but I have the following: 401k...
by mhc
Fri Aug 26, 2016 8:05 am
Forum: Investing - Help with Personal Investments
Topic: What portfolio rebalancing tool do you use?
Replies: 16
Views: 1422

Re: What portfolio rebalancing tool do you use?

I built my own Excel spreadsheet to handle this task. I have to manually enter the account balances. It was pretty easy to do, and I only use Excel a few times a year.
by mhc
Thu Aug 25, 2016 2:02 pm
Forum: Investing - Help with Personal Investments
Topic: Are Vanguard Personal Advisory Services worth the extra %?
Replies: 26
Views: 2225

Re: Are Vanguard Personal Advisory Services worth the extra %?

AA = Asset Allocation

It usually refers to the split between stocks and bonds.
by mhc
Thu Aug 25, 2016 12:00 pm
Forum: Investing - Help with Personal Investments
Topic: Are Vanguard Personal Advisory Services worth the extra %?
Replies: 26
Views: 2225

Re: Are Vanguard Personal Advisory Services worth the extra %?

Bigbevo, you really have to decide if it is worth it. In general, the fee is reasonable. I don't think they are ripping you off. You have come to a DIY forum and asked if you should be a DIYer. I know I could do any home repair necessary, but I don't always have the time or interest to do it, so I h...
by mhc
Thu Aug 25, 2016 8:12 am
Forum: Investing - Help with Personal Investments
Topic: How does a Boglehead handle stock options?
Replies: 29
Views: 2856

Re: How does a Boglehead handle stock options?

Wertdaman, I would only exercise the options under the following conditions: 1. Really need the money. Putting it into an EF in my opinion is not really needing the money. 2. Separation from the company. 3. Little value left in the option. This occurs as the stock goes up and as the expiration date ...
by mhc
Wed Aug 24, 2016 9:28 am
Forum: Personal Consumer Issues
Topic: Aug. 2017 US total eclipse hotel reservations.
Replies: 39
Views: 3135

Re: Aug. 2017 US total eclipse hotel reservations.

I have been waiting for it since 2013. Fortunately, I only live a few hours away from the path. I guessing I won't have much trouble getting a hotel in Wyoming or western Nebraska, but I'll check. All the major chains are booked solid for a radius of 200+ miles from Casper. I found 3 rooms still av...
by mhc
Wed Aug 24, 2016 8:19 am
Forum: Personal Consumer Issues
Topic: Aug. 2017 US total eclipse hotel reservations.
Replies: 39
Views: 3135

Re: Aug. 2017 US total eclipse hotel reservations.

I have been waiting for it since 2013. Fortunately, I only live a few hours away from the path. I guessing I won't have much trouble getting a hotel in Wyoming or western Nebraska, but I'll check.
by mhc
Tue Aug 23, 2016 5:08 pm
Forum: Personal Finance (Not Investing)
Topic: Did you use Real Estate to build wealth?
Replies: 45
Views: 3348

Re: Did you use Real Estate to build wealth?

No and never tried. I was just talking to a younger co-worker who is considering converting his house into a rental when he moves. I listed these reasons why I prefer mutual funds over real estate: 1. I like the liquidity of having mutual funds over real estate. 2. No one calls you at midnight to te...
by mhc
Mon Aug 22, 2016 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: How do you view debt?
Replies: 107
Views: 6043

Re: How do you view debt?

Debt is a necessary evil when first starting out. I view it as a form of slavery that I try to avoid. I set a goal to be out of debt by age 40, and I have not been in debt since.

It can be a useful tool if used wisely, but I prefer to avoid it.
by mhc
Fri Aug 12, 2016 12:02 pm
Forum: Personal Finance (Not Investing)
Topic: PTO issue with Wife's work
Replies: 4
Views: 854

Re: PTO issue with Wife's work

It would give it until Oct-Nov. I would certainly want it corrected before the end of the year and the beginning of tax season.

If it is a big company, they will straighten it out.
by mhc
Fri Aug 12, 2016 11:59 am
Forum: Personal Finance (Not Investing)
Topic: How many credit cards are too many?
Replies: 57
Views: 3591

Re: How many credit cards are too many?

When you sit down, tip over, and spill your drink.
by mhc
Fri Aug 12, 2016 9:42 am
Forum: Investing - Help with Personal Investments
Topic: Is your fund selection/picking criteria better than monkey throwing darts?
Replies: 10
Views: 534

Re: What is your fund selection/picking criteria? and Why?

I'll play. I'm not sure I would buy an equity fund if I was only going to hold it for 5 years. If I would, I would buy TSM. It is well diversified, low cost, and tax efficient. I can control costs and allocations. TSM is one of the best equity funds for a taxable account. It does a good job of low E...
by mhc
Thu Aug 11, 2016 3:39 pm
Forum: Personal Finance (Not Investing)
Topic: Direction on a couple of early retirement questions
Replies: 5
Views: 561

Re: Direction on a couple of early retirement questions

I'll explain how I answer #1. 1. figure out how much I want to spend in retirement, not including healthcare 2. figure out where that money will come from, so I can figure my taxable income 3. go to my state's health exchange website to find my subsidy and cost of health plan 4. health plan cost + d...
by mhc
Thu Aug 11, 2016 2:40 pm
Forum: Investing - Help with Personal Investments
Topic: Total Stock Market Index
Replies: 21
Views: 2596

Re: Total Stock Market Index

Right now your saving rate is more important. I would say keep it simple in TSM for now. Once it hits $10k start adding bonds. Then once you get your desired stock/bond split, start adding international. It really doesn't matter that much. I would say once you have saved about $20-50k, try to have a...
by mhc
Thu Aug 11, 2016 12:45 pm
Forum: Personal Finance (Not Investing)
Topic: Am I saving enough? Budget & Retirement
Replies: 8
Views: 1749

Re: Am I saving enough? Budget & Retirement

Welcome to the forum! You are 29 years away from your desired retirement age. A lot can happen in those 29 years. I would say you are saving enough, but I would recommend eliminating debt and saving as much as you comfortably can. You do not know what the future holds for you. Your expenses may go u...
by mhc
Wed Aug 10, 2016 4:43 pm
Forum: Personal Finance (Not Investing)
Topic: okay to leave deposit on vehicle?
Replies: 30
Views: 1797

Re: okay to leave deposit on vehicle?

Personally, I would never leave a deposit. In my opinion, the dealership wants the deposit so that you will not take your business elsewhere. They want to lock you in. I'm not sure the money would legally lock in the dealership. Interesting.... I option my cars the way I want them, not the way the ...
by mhc
Wed Aug 10, 2016 2:33 pm
Forum: Personal Finance (Not Investing)
Topic: okay to leave deposit on vehicle?
Replies: 30
Views: 1797

Re: okay to leave deposit on vehicle?

Personally, I would never leave a deposit. In my opinion, the dealership wants the deposit so that you will not take your business elsewhere. They want to lock you in. I'm not sure the money would legally lock in the dealership.
by mhc
Wed Aug 10, 2016 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: Parents TOO frugal - leave it be???
Replies: 34
Views: 3957

Re: Parents TOO frugal - leave it be???

If they are happy, healthy, and safe, then let them be. It sounds like they know how to take care of themselves. I may hint to my parents (82 and 78) about how they could do things better, but if they are not interested, I let them be. They are quite capable of caring for themselves. I feel like I w...
by mhc
Fri Aug 05, 2016 10:26 am
Forum: Personal Finance (Not Investing)
Topic: Understanding gift tax....
Replies: 6
Views: 624

Re: Understanding gift tax....

That is correct. They would have to fill out an IRS form if they exceed the annual limit, but there would be no taxes due on the gift.
by mhc
Fri Aug 05, 2016 9:41 am
Forum: Personal Consumer Issues
Topic: Bogus "sale" prices and savvy shoppers
Replies: 26
Views: 2587

Re: Bogus "sale" prices and savvy shoppers

Some credit cards will rebate the difference if you register the receipt with them. At least that is my understanding. I have never tried it.
by mhc
Thu Aug 04, 2016 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: How does a Boglehead save for child's education?
Replies: 138
Views: 9393

Re: How does a Boglehead save for child's education?

Welcome to the forum!

I plan to save for retirement, not my children's education. If all go wells, I will cash flow their college education. If I happen to be retired before they are all out of college, I will pull from investments.
by mhc
Thu Aug 04, 2016 9:35 am
Forum: Investing - Theory, News & General
Topic: How to think about non-invested $
Replies: 20
Views: 1949

Re: How think about non-invested $

I realize also that maybe I am over thinking this. If I ignore my cash accounts, I would probably think I could have a fairly aggressive investment strategy because I have such a large cash buffer -- 90/10 or 80/20. If I include my cash accounts, my allocation would end up at around the same place ...
by mhc
Thu Aug 04, 2016 9:34 am
Forum: Investing - Theory, News & General
Topic: How to think about non-invested $
Replies: 20
Views: 1949

Re: How think about non-invested $

All your assets (house, bank account, investments, human capital) are yours. They determine how much risk you are willing to take. You should look at the whole picture when determining your desired AA for your investment portfolio. Each thing you have has a risk associated with it. You have to find ...
by mhc
Tue Aug 02, 2016 12:58 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Advisor Recommendation
Replies: 8
Views: 783

Re: Vanguard Advisor Recommendation

If you eliminated the international, you may never notice it. Go with what makes you comfortable and enjoy life. The stock/bond ratio is more important.
by mhc
Tue Aug 02, 2016 12:55 pm
Forum: Personal Consumer Issues
Topic: Changing mesh screen of patio sliding door
Replies: 8
Views: 789

Re: Changing mesh screen of patio sliding door

I needed to replace a screen once. I just wanted to buy a new one and be done with it. The clerk at Home Depot basically forced me to buy the materials and equipment to do it myself. I did it. It is extremely easy. Since then I have repaired many screens on my own. I'm glad I was strong armed into d...
by mhc
Mon Jul 25, 2016 10:33 am
Forum: Investing - Theory, News & General
Topic: Buy and hold an index. You can't possibly compete with the Masters of the Universe!
Replies: 9
Views: 1438

Re: Buy and hold an index. You can't possibly compete with the Masters of the Universe!

Fortunately, I am not competing against anyone.

I ignore the daily noise, and I am on track to early retirement.
by mhc
Fri Jul 22, 2016 4:31 pm
Forum: Investing - Help with Personal Investments
Topic: Dump $5500 to Roth IRA on Day 1 of every year or split contribution to 12 months?
Replies: 32
Views: 3061

Re: Dump $5500 to Roth IRA on Day 1 of every year or split contribution to 12 months?

I max my IRA contribution in early January every year. I then do a conversion to get it into my Roth. I do this because the money happens to come available in January every year. One contribution keeps this two step process simpler. If you have the money, put it in at once and be done. If the money ...
by mhc
Fri Jul 22, 2016 9:26 am
Forum: Investing - Help with Personal Investments
Topic: should I own both of these
Replies: 6
Views: 510

Re: should I own both of these

Before you sell, what are the tax implications? You should consider the cost (taxes) of selling.
by mhc
Fri Jul 22, 2016 9:23 am
Forum: Personal Consumer Issues
Topic: Should one upgrade to Windows 10? Free thru July 29?
Replies: 35
Views: 2636

Re: Should one upgrade to Windows 10? Free thru July 29?

The Windows 10 updater should tell you if you will have any compatibility issues. I had one with an old VPN program. I had to delete it and then manually run the checker again so that Windows 10 would install. If you are going to upgrade, don't wait until the last minute. I just upgraded this week. ...
by mhc
Tue Jul 19, 2016 3:56 pm
Forum: Personal Consumer Issues
Topic: Why did the car salesman stop replying to my emails
Replies: 78
Views: 7646

Re: Why did the car salesman stop replying to my emails

Maybe the person has Sunday and Monday off and he is still catching up on emails. It is only Tuesday.

Maybe the person is sick and out a few days.

Maybe a family emergency.
by mhc
Tue Jul 19, 2016 9:30 am
Forum: Personal Finance (Not Investing)
Topic: Deferred Compensation: good idea?
Replies: 11
Views: 1099

Re: Deferred Compensation: good idea?

I have a Non-qualified Deferred Comp plan. I put it all in bonds. Your plan could serve as part of the bond portion of your portfolio. As long as the company does not go under, you should come out ahead. If $100k/yr is too much to risk, what about $50k/yr? I like deferring taxes. Who knows, maybe I'...
by mhc
Mon Jul 18, 2016 12:08 pm
Forum: Personal Consumer Issues
Topic: When to Buy New Tires
Replies: 10
Views: 908

Re: When to Buy New Tires

I would get it repaired for free at Discount Tire.

You should be able to get a lot more out of the tires.
by mhc
Thu Jul 14, 2016 4:27 pm
Forum: Personal Consumer Issues
Topic: Greatwolf Lodge Dallas Deals
Replies: 10
Views: 851

Re: Greatwolf Lodge Dallas Deals

We went to the one in Grapevine 2 Christmas's ago. My kids ranged from 6-10 at the time. They loved it. They loved everything about it. water park magic quest their own room in our room with bunkbeds and tv grandeur of the hotel story time at night in the lobby I would not want to do it again. I don...
by mhc
Wed Jul 13, 2016 3:20 pm
Forum: Investing - Help with Personal Investments
Topic: ETF's through Ameritrade for Admiral Share Prices?
Replies: 20
Views: 1098

Re: ETF's through Ameritrade for Admiral Share Prices?

ONE: reducing cost is a good thing, but it is only worth it if the ETFs drop the cost enough to outweigh the cons of the ETF. I had no problem going with a Vanguard ETF in my HSA because it was cheaper than buying the mutual fund. ETFs shouldn't be scary. TWO: You don't need any other funds. You hav...
by mhc
Tue Jul 12, 2016 11:53 am
Forum: Investing - Help with Personal Investments
Topic: Where would you invest/rebalance "if"...
Replies: 24
Views: 1273

Re: Where would you invest/rebalance "if"...

OP, it sounds to me that you have been listening to too much of the noise. Over-valued not a safe haven lock in gains You are asking people to answer a question similar to "if you could no longer breath oxygen, what would you breath?" If you can't buy US equities or bonds, what would you b...
by mhc
Tue Jul 12, 2016 11:41 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Flagship Status [worth lobbying for?]
Replies: 13
Views: 1765

Re: Vanguard Flagship Status [worth lobbying for?]

I think as long as you are voyager or higher it is essentially the same, at least from my experience.
by mhc
Fri Jul 08, 2016 9:03 am
Forum: Investing - Theory, News & General
Topic: What Portfolio analysis tool do you use?
Replies: 22
Views: 1432

Re: What Portfolio analysis tool do you use?

I don't do any backtesting. I have a spread sheet that shows me my asset allocation vs. my target allocation. This aids me in directing new funds or rebalancing if necessary. I don't know of any other analysis that I need to do. I have low cost index funds. I stay the course with my allocations. I d...
by mhc
Tue Jul 05, 2016 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: When to Count Social Security
Replies: 28
Views: 1877

Re: When to Count Social Security

What RODC said. You are 28 and may live to be 98. That is 70 years from now. To far out to predict accurately enough to worry about. The earliest you would collect SS is about 35 years away. That is too far to make any meaningful predictions. In shooting, the wind at the muzzle of the gun is more im...
by mhc
Tue Jul 05, 2016 12:37 pm
Forum: Investing - Help with Personal Investments
Topic: keep Prime money market fund open?
Replies: 3
Views: 483

Re: keep Prime money market fund open?

I would keep the fund open, but I would not keep any money in there.

No need for you to close it.
by mhc
Thu Jun 30, 2016 3:35 pm
Forum: Investing - Help with Personal Investments
Topic: TSM with SP500
Replies: 5
Views: 388

Re: TSM with SP500

No problem having TSM and SP500. I have both. I purchased the SP500 fund before becoming a boglehead. It has way too much in cap gains to sell. I do not reinvest distributions into it. I am slowly chipping away at it by donating shares to charity. It is great for that because it has the largest gain...
by mhc
Thu Jun 30, 2016 11:09 am
Forum: Personal Consumer Issues
Topic: Tipping Etiquette Question.
Replies: 37
Views: 3421

Re: Tipping Ettiquet Question.

I would tip on the bill at the rate that I normally give someone that provides excellant service.
by mhc
Thu Jun 30, 2016 9:01 am
Forum: Personal Consumer Issues
Topic: Visiting Denver soon
Replies: 9
Views: 827

Re: Visiting Denver soon

What do you generally like to do? This part of the country is amazing for dinosaur and plant fossils, outdoor activities (kayaking, hiking, rock climbing), some history associated with mining and the westward expansion of the country. Personally, I would not spend more than a few days in Denver cons...
by mhc
Wed Jun 29, 2016 4:56 pm
Forum: Personal Finance (Not Investing)
Topic: Where were you financially when you were at 30?
Replies: 226
Views: 24022

Re: Where were you financially when you were at 30?

Living in an apartment with no debt. I was earning more than I could spend. Not a financial care in the world. I was maxing my 401k and buying stocks and mutual funds based on recommendations from friends.

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