Search found 2117 matches

by ofcmetz
Tue May 31, 2016 1:06 pm
Forum: Investing - Theory, News & General
Topic: TIAA Traditional account or intermediate term bond index?
Replies: 9
Views: 467

Re: TIAA Traditional account or intermediate term bond index?

We split the difference between TIAA Traditional and a Intermediate bond index for our fixed income. We feel like we win either way.
by ofcmetz
Tue May 31, 2016 1:00 pm
Forum: Investing - Theory, News & General
Topic: Max 401k before 529 for college purposes?
Replies: 13
Views: 356

Re: Max 401k before 529 for college purposes?

I don't think there is much point using a 529 plan unless you are maxing your 401K and ROTH IRA. They have better tax advantages and flexibility in my opinion. If you get towards college time and your retirement is funded then great. You can then back off and pay some college out of pocket. If it's ...
by ofcmetz
Fri May 27, 2016 4:47 am
Forum: Investing - Theory, News & General
Topic: WSJ article: Illinois pension fund adopting Boglehead philosophy
Replies: 19
Views: 2327

Re: WSJ article: Illinois pension fund adopting Boglehead philosophy

In other news, ofcmetz is adopting the new Illinois pension fund philosophy.
by ofcmetz
Fri May 27, 2016 4:35 am
Forum: Personal Finance (Not Investing)
Topic: The Great 100 thousand dollar pension question. update
Replies: 75
Views: 10857

Re: The Great 100 thousand dollar pension question.

Just a little update. I'm about 3 years now from normal retirement now (age 36). The state pension is about as funded and secure as it was when I made this purchase in 2014. Our family investment portfolio is now slightly higher than it was before we transferred the 100K to the state pension for the...
by ofcmetz
Fri May 27, 2016 4:20 am
Forum: Investing - Help with Personal Investments
Topic: 401k fees
Replies: 4
Views: 412

Re: 401k fees

My deferred comp 457B governmental plan is chock full of really cheap index funds. To pay for this they charge 18 basis points (0.18%) fee on the first $50,000 invested. I'm OK with paying a small expense fee if it gives me access to good index funds. The other poster is right, most active manage fu...
by ofcmetz
Fri May 27, 2016 4:10 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity Visa rewards card question
Replies: 26
Views: 1936

Re: Fidelity Visa rewards card question

True story on text notification: My friend was eating in a restaurant and paid the bill with his credit card. He got the text notification. Then a moment later he got another text notification for the same restaurant but for a higher amount. A discussion ensued with the manager that was becoming he...
by ofcmetz
Fri May 27, 2016 4:06 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity 2% Visa
Replies: 10
Views: 1341

Re: Fidelity 2% Visa

I'm still using the Fido AmEx. I'm assuming I'll be transitioned in the next few weeks.
by ofcmetz
Fri May 27, 2016 4:01 am
Forum: Personal Finance (Not Investing)
Topic: Is Real Estate Market going crazy again?
Replies: 81
Views: 6922

Re: Is Real Estate Market going crazy again?

It's interesting to read how different things are around the country. Here in southeastern Louisiana things are much more calm. You can still get all the house you need for a family at around 250K or less. Of course I never noticed the housing bubble in the mid-2000's either. I live in one of the be...
by ofcmetz
Tue May 24, 2016 3:58 pm
Forum: Investing - Theory, News & General
Topic: What was your first investment?
Replies: 115
Views: 3949

Re: What was your first investment?

I bought Wal-Mart stock while employed there in college in 1998ish. I remember selling this stock along with some of my wife's Home Depot stock to help pay for our wedding and honeymoon. I haven't bought any individual stocks since then.
by ofcmetz
Tue May 24, 2016 3:55 pm
Forum: Investing - Theory, News & General
Topic: Bernstein says emergency fund part of your "asset allocation?"
Replies: 59
Views: 4730

Re: Bernstein says emergency fund part of your "asset allocation?"

I've alway kept my "emergency fund" in cash in a bank savings account. Of course my entire investment portfolio becomes my emergency fund depending on how much I need. I would probably liquidate a ROTH IRA first and then go from there. Having something in cash or taxable investments that y...
by ofcmetz
Thu May 12, 2016 4:23 am
Forum: Personal Finance (Not Investing)
Topic: Poll: Let's talk wristwatches
Replies: 158
Views: 25978

Re: Poll: Let's talk wristwatches

Just curious if anyone wants to update this thread their input as it is few years old. With the advent of cellphones, are watches passe? It seems the Apple watch overall is a bit of a flop.. are smartwatches any better than traditional? I wear a beater Casio around the house and a nice Citizen Eco-...
by ofcmetz
Tue May 03, 2016 11:00 pm
Forum: Investing - Theory, News & General
Topic: Dow 100,000
Replies: 33
Views: 5257

Re: Dow 100,000

The Dow should get to 100,000 at some point, but no one can really say when. I for one think it will be sooner rather than later. (This prediction is worth what you have paid for it.)
by ofcmetz
Tue May 03, 2016 10:51 pm
Forum: Investing - Theory, News & General
Topic: How many funds in your portfolio?
Replies: 99
Views: 6471

Re: How many funds in your portfolio?

Let's see.

We have money in:

S&P 500
Total Stock Market US
Total International Stock Market
Small Cap Index
Intermediate Term Bond Index
TIAA Real Estate
TIAA Traditional

So the answer is 7.
by ofcmetz
Sun Apr 17, 2016 4:04 am
Forum: Investing - Theory, News & General
Topic: Everyone Worries Too Much About 'Black Swans'
Replies: 39
Views: 4224

Re: Everyone Worries Too Much About 'Black Swans'

...In my case it is better for me to be 100% invested in the stock market & use any black swans as a opportunity to buy more stocks that are on sale. Buy more with what? The nature of the black swan is that you'll lose at least your job, maybe your health, maybe your life. This isn't just theor...
by ofcmetz
Sun Apr 17, 2016 3:57 am
Forum: Investing - Theory, News & General
Topic: A look at private equity, the research, and a better benchmark
Replies: 10
Views: 1087

Re: A look at private equity, the research, and a better benchmark

A very nice article on investing in private equity. Thanks. I liked this quote. My own view is that it reflects the triumph of hype, hope and marketing over evidence and wisdom. Larry Swedroe I think people are willing to make an investment in private equity just to be able to say that they did. It'...
by ofcmetz
Sun Apr 17, 2016 3:48 am
Forum: Investing - Theory, News & General
Topic: Did the brokers just get lucky?
Replies: 16
Views: 2602

Re: Did the brokers just get lucky?

U.K. Boglehead here. None of my family or friends invest in the stock market due to perceived risk. The U.K. Is a property obsessed country. Probably the most obsessed in the world. In London most people are massively beating their earnings every year with house price increases. It is probably a bu...
by ofcmetz
Fri Apr 08, 2016 3:41 am
Forum: Investing - Theory, News & General
Topic: What is Your Bond Allocation & Location
Replies: 48
Views: 5369

Re: What is Your Bond Allocation & Location

We use only two funds right now for our fixed income. In her 403B we have the Vanguard Intermediate Term Bond Index fund. In my 403B we use the TIAA Traditional Fund. Fixed income is only about 20% of our portfolio and is split between these two funds.
by ofcmetz
Fri Apr 08, 2016 3:37 am
Forum: Investing - Theory, News & General
Topic: Are you planning to leave an "estate"?
Replies: 74
Views: 7278

Re: Are you planning to leave an "estate"?

I suspect we will leave something behind, but we haven't given it much thought. We are in late 30's and kids still 10 and under. I can't see us spending all our money and wealth, but there is so much unknown. I like reading about people who give some away while they are still around to enjoy the giv...
by ofcmetz
Mon Mar 14, 2016 4:22 am
Forum: Investing - Theory, News & General
Topic: Late Starters
Replies: 61
Views: 5514

Re: Late Starters

I started my current job at age 19. I still feel like I started late because I didn't do any serious investing until I was 25. It's all a matter of perspective I think. I'm 36 now and feel like the old guy at work sometimes.
by ofcmetz
Sun Mar 13, 2016 4:42 am
Forum: Personal Finance (Not Investing)
Topic: Any experience with VRBO? [Vacation Rentals By Owner]
Replies: 16
Views: 2318

Re: Any experience with VRBO?

I only have experience with it from the renting side. I've been renting vacation condos and homes in several states through VRBO since 2009. I've probably done about 20 rentals through the site in 4 different states. I usually leave reviews of the condos or houses I rent as well. It's been my go to ...
by ofcmetz
Sat Mar 12, 2016 4:56 am
Forum: Personal Finance (Not Investing)
Topic: Do most of you plan to retire "full-time"?
Replies: 126
Views: 10994

Re: Do most of you plan to retire "full-time"?

That is, go from being a thrifty, no-Starbucks, pavement pounder for 30 years into watching Arsenio reruns 7 hours a day? You know, that description makes me almost glad that I'm pretty sure that retirement is probably unattainable for me -- that sounds awful. I've thought about what I would do if ...
by ofcmetz
Mon Mar 07, 2016 4:43 am
Forum: Investing - Theory, News & General
Topic: Poll: Active Funds in Which You Invest
Replies: 76
Views: 4708

Re: Poll: Active Funds in Which You Invest

HurdyGurdy wrote:TIAA Traditional
TIAA Real Estate

"I" series bonds -- if you consider them active.


^This is exactly my answer.
by ofcmetz
Sun Mar 06, 2016 1:58 pm
Forum: Investing - Theory, News & General
Topic: "A Radical Investing Idea: Do Nothing, Nada, Zilch"
Replies: 8
Views: 1995

Re: "A Radical Investing Idea: Do Nothing, Nada, Zilch"

I read this article this morning. I agree that Target Date Funds are good choices for many investors. Several of my coworkers have no interest in investing knowledge. That's ok for them, because they just deposit some from each paycheck into our excellent target date funds in the 457B and move on wi...
by ofcmetz
Fri Mar 04, 2016 5:02 am
Forum: Personal Consumer Issues
Topic: housing: am I just being too picky?
Replies: 60
Views: 6609

Re: housing: am I just being too picky?

All of the above minus the RV parking is real common in the city I live in southeast Louisiana. We aren't know for having the nicest parks though but lots of houses in my neighborhood have swimming pools and yards big enough to through a baseball or kick your soccer ball. My style of neighborhood is...
by ofcmetz
Fri Mar 04, 2016 4:57 am
Forum: Personal Consumer Issues
Topic: yet another fitness thread
Replies: 60
Views: 4726

Re: yet another fitness thread

I don't warm up before strength training. But I'm no expert. I usually lift as much as I can for 8 to 12 reps per set. I do strength training about 3 times a week and try to hit all muscle groups.

Of course I don't get to warm up before most foot chases and fights on my job either.
by ofcmetz
Fri Mar 04, 2016 4:48 am
Forum: Personal Consumer Issues
Topic: Oil change - Auto shop or DIY
Replies: 125
Views: 9051

Re: Oil change - Auto shop or DIY

I've always changed my own oil. Why? Probably because it's something I always did with my dad growing up. It takes me about 15 minutes per vehicle as I own the ramps and tools. I don't think it really save me much money, but it's pretty easy. I buy oil at Walmart in 5 quart containers. (Vehicles: 20...
by ofcmetz
Fri Mar 04, 2016 4:41 am
Forum: Investing - Theory, News & General
Topic: Just lost 4.08% on Forever stamps.
Replies: 63
Views: 7100

Re: Just lost 4.08% on Forever stamps.

Stay the course. Keep buying stamps according to your SPS. (Stamp Policy Statement).

I avoid international stamps and only buy US stamps.
by ofcmetz
Tue Mar 01, 2016 7:27 pm
Forum: Investing - Theory, News & General
Topic: How long should I wait for Vanguard to respond?
Replies: 26
Views: 3556

Re: How long should I wait for Vanguard to respond?

It's been one week since I asked a pretty simple question about an issue through the secure message system. I'll call early next week if I don't get the answer. It took 8 days for them to respond. They answered my question and helped me solve the problem I was having. I'm satisfied with the service...
by ofcmetz
Tue Mar 01, 2016 5:25 am
Forum: Investing - Theory, News & General
Topic: Ken Heebner bites the dust
Replies: 19
Views: 4673

Re: Ken Heebner bites the dust

Thanks for the article Larry. Thanks Nisi for the fine followup. It amazes me how just owning the market can sometimes get us so far ahead. I'd be OK if owing total market index funds just kept up with active managed funds because I knew no one else was getting rich from charging me excessive fees. ...
by ofcmetz
Sat Feb 27, 2016 10:16 pm
Forum: Investing - Theory, News & General
Topic: How long should I wait for Vanguard to respond?
Replies: 26
Views: 3556

Re: How long should I wait for Vanguard to respond?

It's been one week since I asked a pretty simple question about an issue through the secure message system. I'll call early next week if I don't get the answer.
by ofcmetz
Fri Feb 26, 2016 4:58 am
Forum: Investing - Theory, News & General
Topic: Why invest in international?
Replies: 31
Views: 3467

Re: Why invest in international?

International returns have been rough the last decade, but that really means nothing going forward. Many times its actually better to buy equities after a period of bad returns as you are getting more for your money. I like owning international for the diversification it provides. I don't really exp...
by ofcmetz
Fri Feb 26, 2016 4:45 am
Forum: Investing - Theory, News & General
Topic: What withdrawal % are you planning on?
Replies: 89
Views: 6637

Re: What withdrawal % are you planning on?

2.5% is what I'm planning on. Of course I may be in my 40's and will have a police pension to go with it.
by ofcmetz
Fri Feb 26, 2016 4:43 am
Forum: Investing - Theory, News & General
Topic: [Vanguard announces 3rd round of Expense Ratio reductions]
Replies: 43
Views: 3799

Re: A little gift from Vanguard - lower ER for VTIAX

It's always nice to save a few basis points here and there. Thanks Vanguard.
by ofcmetz
Tue Feb 23, 2016 5:19 am
Forum: Investing - Theory, News & General
Topic: Staying disciplined requires knowledge of financial history
Replies: 5
Views: 1214

Re: Staying disciplined requires knowledge of financial history

I couldn't agree more Larry. It is so much easier if you take time to learn what has happened in the past with regards to financial history. A serious investor needs to take the time to read some financial history. Thanks for the post.
by ofcmetz
Tue Feb 23, 2016 5:16 am
Forum: Investing - Theory, News & General
Topic: personal savings rate vs the general population
Replies: 69
Views: 9122

Re: personal savings rate vs the general population

Don't worry. We are far from a world where everyone saves like they are going to retire at 55 or 65. Once you get past about 10% of gross going towards long term investing, then you start passing most up.
by ofcmetz
Tue Feb 23, 2016 5:08 am
Forum: Personal Finance (Not Investing)
Topic: When does saving rate take back seat to dollars?
Replies: 18
Views: 1921

Re: When does saving rate take back seat to dollars?

I'm presently saving $43,000 annually in tax advantaged accounts. This represents about 25% of household gross income (which some would consider low) but in nominal dollars represents a large sum; more than the gross income of many in the US. At what point does the percentage no longer matter? I'm ...
by ofcmetz
Sat Feb 20, 2016 3:06 pm
Forum: Investing - Help with Personal Investments
Topic: Investing a windfall
Replies: 18
Views: 2608

Re: Investing a windfall

Me, I'd probably average it all in over 6 months to a year.

Although if you average in, then the market will steadily go up all year. If you lump it in right now then the market will crash right afterwards. :twisted:
by ofcmetz
Sat Feb 20, 2016 3:02 pm
Forum: Investing - Help with Personal Investments
Topic: Merrill Lynch Private Wealth Advisor
Replies: 38
Views: 3582

Re: Merrill Lynch Private Wealth Advisor

If I somehow woke up and found myself with 20 to 50 million in investable assets then I'd still be happy to use Vanguard and Fidelity and keep the difference I saved in fees. I'd also assumed my wife bought a lottery ticket. OP, you bay benefit from a financial plan that you pay a one time fee for, ...
by ofcmetz
Fri Feb 19, 2016 4:52 am
Forum: Personal Finance (Not Investing)
Topic: Amex Blue raised my interest rate to 29.5%?!
Replies: 19
Views: 2610

Re: Amex Blue raised my interest rate to 29.5%?!

No one should be paying interest on credit card debt. Use the card for the cash back and special offers. Never carry a balance.
by ofcmetz
Fri Feb 19, 2016 4:50 am
Forum: Personal Finance (Not Investing)
Topic: Where I Am Now - What would you do as first step?
Replies: 15
Views: 1942

Re: Where I Am Now - What would you do as first step?

First step, get a job.

Second step, maybe get a second one depending on how much time the first one takes.
by ofcmetz
Fri Feb 19, 2016 4:47 am
Forum: Investing - Theory, News & General
Topic: Extreme saving with low returns - not worth it?
Replies: 71
Views: 8817

Re: Extreme saving with low returns - not worth it?

I would practice moderation. It's better to work less for longer while saving a bit less in my opinion.
by ofcmetz
Thu Feb 18, 2016 4:42 am
Forum: Investing - Theory, News & General
Topic: 20th Anniversary of Jack Bogle's heart transplant
Replies: 15
Views: 1674

Re: 20th Anniversary of Jack Bogle's heart transplant

That is awesome! Amazing how a heart can keep going for it's second life. I've been very inspired by his courage when dealing with such a major health issue. I was diagnosed with a health issue at the age of 32 that will be with me my whole life. I actually thought about Jack dealing with his heart ...
by ofcmetz
Thu Feb 18, 2016 4:37 am
Forum: Investing - Theory, News & General
Topic: Low Returns Ahead for Stocks Argument
Replies: 19
Views: 2820

Re: Low Returns Ahead for Stocks Argument

I keep reading the somewhat agreed upon notion that stocks have very low return ahead (even vanguard has come out and said things like this). If this is true, and the future holds these sub 4% returns for equities, then what is purpose of taking on the amount of risks that you find in equities for ...
by ofcmetz
Mon Feb 15, 2016 1:09 pm
Forum: Investing - Help with Personal Investments
Topic: Nervous Newbie Investor
Replies: 24
Views: 1955

Re: Nervous Newbie Investor

Are you continuing to fund the 457B? I wonder how you got such a large taxable account compared to it? I'm in police work (17 years), but we have both a 457B and 403B plan at my employer so almost everything ends up in tax deferred. I've taken losses a little bigger than yours since the start of the...
by ofcmetz
Sun Feb 14, 2016 4:25 am
Forum: Personal Finance (Not Investing)
Topic: What is your decline in Net Worth as of today?
Replies: 96
Views: 10641

Re: What is your decline in Net Worth as of today?

It's down about 2.5%. I've made a few house payments already this year and have put a bit back into investments as well so there is that. I would never have checked if I hadn't stumbled across this thread.
by ofcmetz
Sat Feb 13, 2016 11:37 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2901
Views: 624055

Re: U.S. stocks in freefall

We need equities to be volatile otherwise there would be no risk premium for owning them. I think your view of equities is mixed up. Let's get to the fundamental reason why there should be a risk premium for owning equities. And it's not price volatility. A business has multiple stakeholders. How d...
by ofcmetz
Sat Feb 13, 2016 3:35 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 2901
Views: 624055

Re: U.S. stocks in freefall

bayview and VictoriaF, You have decades worth of living expenses in safe places such as cash. I agree that the stock market behavior is less of a concern for people like you. I'm pretty much in the same boat because I keep only 20% of my invested assets in the stock market, and I often wonder why I...
by ofcmetz
Thu Feb 04, 2016 5:10 am
Forum: Investing - Theory, News & General
Topic: Make your retirement money last
Replies: 45
Views: 10540

Re: Make your retirement money last

It has been awhile since I've read a personal finance book. Looks like I've found one to order for my Kindle. Thanks for the heads up Larry.
by ofcmetz
Tue Jan 26, 2016 5:04 am
Forum: Local Chapters and Bogleheads Community
Topic: Happy Birthday Taylor!
Replies: 87
Views: 4516

Re: Happy Birthday Taylor!

I feel like I'm a day late. Either way, I'd like to wish you a happy 92 Birthday. Here is to going strong through age 100. You have many good posts on bogleheads to come. :sharebeer
by ofcmetz
Thu Jan 21, 2016 4:21 am
Forum: Personal Finance (Not Investing)
Topic: What was your % pay raise?
Replies: 100
Views: 7616

Re: What was your % pay raise?

Only rank promotions got raises last year. 90% of our department didn't get promoted and got 0% due to state budget issues.

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