Search found 281 matches

by onourway
Sat Jun 24, 2017 5:38 pm
Forum: Investing - Help with Personal Investments
Topic: Lump sum investing in stocks vs. DCA
Replies: 42
Views: 1956

Re: Lump sum investing in stocks vs. DCA

Because ultimately the point of DCA is to become fully invested. At that point the risk is the same as if you had invested as a lump sum on day 1. (yes, with taxable accounts have an additional consideration here). Yes, but only at that point. Before you enjoyed a period of time with less risk, i.e...
by onourway
Sat Jun 24, 2017 5:29 pm
Forum: Investing - Help with Personal Investments
Topic: Lump sum investing in stocks vs. DCA
Replies: 42
Views: 1956

Re: Lump sum investing in stocks vs. DCA

At the start of DCA most of your assets are risk free by definition. At its end, all of them are in a risky vehicle. How do you not see the difference in risk ? It is a valid form of insurance and repeating it (were it not for the tax load involved) would be even more insurance. Unfortunately, it i...
by onourway
Sat Jun 24, 2017 5:21 pm
Forum: Investing - Help with Personal Investments
Topic: Lump sum investing in stocks vs. DCA
Replies: 42
Views: 1956

Re: Lump sum investing in stocks vs. DCA

The risk of a big loss is exactly the same when fully invested as it was when you began dollar cost averaging. There is no mysterious additional risk of moving the money into investments as if the single van carrying your entire lump sum could be stolen, so divvying it up among multiple vans with m...
by onourway
Sat Jun 24, 2017 4:55 pm
Forum: Personal Finance (Not Investing)
Topic: Mediator for ownership division of primary home
Replies: 46
Views: 1356

Re: Mediator for ownership division of primary home

A general practice mediator would likely be suitable here, but they might try calling a collaborative law attorney as well. They will gladly tell you with a phone call if this is the type of thing they would be suitable for, and if not, likely point you in the right direction. I have no idea about t...
by onourway
Fri Jun 23, 2017 8:45 pm
Forum: Investing - Help with Personal Investments
Topic: Lump sum investing in stocks vs. DCA
Replies: 42
Views: 1956

Re: Lump sum investing in stocks vs. DCA

The risk is only mitigated during the time you are dollar cost averaging. When you have finished moving your money, the risk of a big loss during the move is over. Once your money is at its final destination, the risk you were insuring against is over. There is no point in repeating the process and...
by onourway
Fri Jun 23, 2017 8:24 pm
Forum: Investing - Theory, News & General
Topic: Anyone have a habit of checking the market all day?
Replies: 38
Views: 2233

Re: Anyone have a habit of checking the market all day?

I read The Bogleheads Guide to Investing and digested everything I could find on this site before I ever started watching the market. I had no idea what all the fuss was about this 'financial pornography.' I'll admit I now watch it fairly closely and I find the articles that are written on sites lik...
by onourway
Fri Jun 23, 2017 7:36 pm
Forum: Investing - Help with Personal Investments
Topic: Lump sum investing in stocks vs. DCA
Replies: 42
Views: 1956

Re: Lump sum investing in stocks vs. DCA

The reason you don't pull your invested money out and re-invest by dollar cost averaging is because dollar cost averaging is a risk-distributing move, like buying insurance, rather than an investment in the usual sense. Suppose you are moving money from one location to another and insure its delive...
by onourway
Fri Jun 23, 2017 7:27 pm
Forum: Personal Consumer Issues
Topic: suggestions for narrow 6+seat vehicle
Replies: 10
Views: 989

Re: suggestions for narrow 6+seat vehicle

The Mazda 5 was built until 2015, seats 6, and is 69" wide.
by onourway
Thu Jun 22, 2017 11:52 am
Forum: Investing - Help with Personal Investments
Topic: Questions for DieHards after reading "The Bogleheads' Guide to Investing"
Replies: 38
Views: 3136

Re: Questions for DieHards after reading "The Bogleheads' Guide to Investing"

I would make the same recommendation as others - if you want to get started and don't have $1000 right now, either save until you do, or open an account with Schwab which allows you to buy mutual funds with as little as $1. I have accounts with both ETF's and mutual funds and I find ETF's a bit of a...
by onourway
Wed Jun 21, 2017 10:02 am
Forum: Investing - Help with Personal Investments
Topic: Questions for DieHards after reading "The Bogleheads' Guide to Investing"
Replies: 38
Views: 3136

Re: Questions for DieHards after reading "The Bogleheads' Guide to Investing"

I would keep absorbing information here and in the recommended books before you make any major changes. Most of your questions are common here and can be answered with a bit or searching. There is some split on whether to invest the emergency fund or not here. I'd say most say don't do it - with the...
by onourway
Sun Jun 18, 2017 5:40 pm
Forum: Investing - Theory, News & General
Topic: Best Financial Advice from Dad (in honor of father's day)
Replies: 79
Views: 4774

Re: Best Financial Advice from Dad (in honor of father's day)

My dad led by good example but one of the few things he said about finances that really stuck with me was that 'you can either work harder or want less.' Pretty much the Boglehead philosophy right there although it took me about 30 years to figure that out. :D
by onourway
Sat Jun 17, 2017 4:48 pm
Forum: Personal Consumer Issues
Topic: Turbochargers
Replies: 60
Views: 3638

Re: Turbochargers

keaton wrote:850s and V70s? My favortive Volvo I've had was a 98 V70 T5 manual (very rare) and an S60 T5 6spd, but I've had lots of Volvos.


Yes, one 855 and one V70. Love them both, but love the 855 T5 more. :)
by onourway
Sat Jun 17, 2017 2:31 pm
Forum: Personal Consumer Issues
Topic: Turbochargers
Replies: 60
Views: 3638

Re: Turbochargers

I have two older turbocharged Volvo's - both nearing 20 years in age - one with ~130k on the original turbo, the other with ~210k, and that one has been run at 50% more than factory boost for the last 100k miles. No problems in either car. If the turbo were to have a problem, they can be rebuilt for...
by onourway
Sat Jun 17, 2017 2:10 pm
Forum: Investing - Help with Personal Investments
Topic: Has Vanguard gotten too big?
Replies: 30
Views: 4021

Re: Has Vanguard gotten too big?

Vanguard has had explosive growth while simultaneously continuing to drive costs down. The fact that their technology and customer service are a bit below par is well known. Personally at this point I don't expect anything more and I am completely happy with what they offer in return. I expect thing...
by onourway
Sat Jun 17, 2017 2:06 pm
Forum: Investing - Help with Personal Investments
Topic: Has Vanguard gotten too big?
Replies: 30
Views: 4021

Re: Has Vanguard gotten too big?

If I wanted to rely on chat for customer service, I would choose Schwab. Available instantly 24/7 and the people you talk to actually know what they are talking about.
by onourway
Sat Jun 17, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Am I being unrealistic about my expectations of dividend income? Is there a better alternative?
Replies: 47
Views: 5384

Re: Am I being unrealistic about my expectations of dividend income? Is there a better alternative?

I have a high-dividend fund, and the dividends are taxed as qualified dividends (same as LTCG). Is there something different about the Vanguard fund? Even though qualified dividends are in fact taxed at the same rate as LTCG, dividends are still less tax efficient than gains taken from increase in ...
by onourway
Sat Jun 17, 2017 8:52 am
Forum: Personal Consumer Issues
Topic: Password Managers
Replies: 58
Views: 2729

Re: Suggestions for password storage services?

I may be a bit of a luddite but I don't like the idea of trusting any software with any important password information like my financial signons. I know that there are safeguards but there is a lot of incentive for people to try to hack them. For unimportant signups like for access to some free new...
by onourway
Sat Jun 17, 2017 7:10 am
Forum: Personal Consumer Issues
Topic: Password Managers
Replies: 58
Views: 2729

Re: Suggestions for password storage services?

I have used Password Safe for years and am very happy with it. I like that it's free, open source, and you have complete control over where the encrypted data file is stored. If you want more convenience you can store the file on Dropbox/iCloud, etc. and there are inexpensive apps that integrate wit...
by onourway
Mon Jun 12, 2017 3:32 am
Forum: Personal Finance (Not Investing)
Topic: Need Advice Urgently - Are we in over our heads?
Replies: 45
Views: 5924

Re: Need Advice Urgently - Are we in over our heads?

I'm a little surprised at the lack of questions posed so far. How is your income split? What is the plan if one of you loses their job or is under-employed for a period of time? Any plans to have kids? This budget may work today, but if kids enter the picture there isn't really any wiggle room. Also...
by onourway
Sat Jun 10, 2017 7:05 am
Forum: Personal Finance (Not Investing)
Topic: (Very) Early Retirement vs Parenthood
Replies: 74
Views: 4200

Re: (Very) Early Retirement vs Parenthood

One thing I like to remind myself (and my wife) of regularly is that great kids are raised in all manner of ways. Having all the latest gear, taking the same lessons, having extravagant birthday parties, etc. are not the things that determine how your kids turn out. Those are things that the parents...
by onourway
Sat Jun 10, 2017 6:50 am
Forum: Personal Finance (Not Investing)
Topic: (Very) Early Retirement vs Parenthood
Replies: 74
Views: 4200

Re: (Very) Early Retirement vs Parenthood

I'll take your comments from the opposite angle of many others. I think that if you are ambivalent, that means that you think you might want kids in your lives - in which case you should take the risk and do it. I'm sure there are parents out there who would turn back the clock, but I can assure you...
by onourway
Fri Jun 09, 2017 1:16 pm
Forum: Investing - Help with Personal Investments
Topic: Current 401k with Huge Fees, Anything I can do?
Replies: 20
Views: 1071

Re: Current 401k with Huge Fees, Anything I can do?

I agree that you need to bring this up with management. 'Liability to the company' tends to spur action.
by onourway
Thu Jun 08, 2017 2:40 pm
Forum: Personal Finance (Not Investing)
Topic: How to deal with a personal finance cynic
Replies: 109
Views: 5810

Re: How to deal with a personal finance cynic

This board's demographics skew older - and older people who have lived below their means tend to be wealthy. That doesn't mean everyone here has millions, but it does mean that most of us have, or will have, enough. That should be the take away from the advice on this board - that learning to live b...
by onourway
Thu Jun 08, 2017 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Good Travel Card for People who Don't Travel
Replies: 5
Views: 691

Re: Good Travel Card for People who Don't Travel

You want to rack up bonus points as others have said. Currently Chase is the best option for most people in this space. I would do it a little different from what was suggested above, so long as you can meet the typical $4k/3months initial spend requirements. Chase has a limit of 5 credit cards in l...
by onourway
Thu Jun 08, 2017 9:39 am
Forum: Personal Consumer Issues
Topic: AAA Cost
Replies: 75
Views: 4951

Re: AAA Cost

Chase Sapphire Reserve also provides limited roadside assistance, up to $50/call, up to 4 times per year.
by onourway
Wed Jun 07, 2017 8:53 pm
Forum: Personal Finance (Not Investing)
Topic: Amex [Platinum card fee increasing to $550]
Replies: 9
Views: 1613

Re: Amex

am wrote:Can anyone suggest the best value for 100,000 Amex points MR points that we recently got? We usually get gift cards for restaurants but wanted any other ideas?


https://www.reddit.com/r/churning/comme ... xpress_mr/
by onourway
Wed Jun 07, 2017 8:20 am
Forum: Personal Finance (Not Investing)
Topic: Nanny or Afterschool Helper finding advice
Replies: 9
Views: 736

Re: Nanny or Afterschool Helper finding advice

Care.com has worked well for us. Mostly good experiences - generally local college girls. The level of responsibility they take varies greatly. Some seem to treat it as an extension of their high school babysitting jobs. This doesn't work for us. The good ones treat it as they would any other job an...
by onourway
Tue Jun 06, 2017 3:03 pm
Forum: Personal Consumer Issues
Topic: Flying first class, business, versus economy.
Replies: 105
Views: 6785

Re: Flying first class, business, versus economy.

I fly extensively in business class on international routes. It's one of the perks of my job that I enjoy most as I really dislike flying. The benefit is really in the end to end experience - less hassle at security, earlier boarding, ability to work or sleep, etc. etc. I've also flown international...
by onourway
Tue Jun 06, 2017 2:24 pm
Forum: Personal Finance (Not Investing)
Topic: Budgeting
Replies: 47
Views: 3124

Re: Budgeting

I take that back. At first glance, do I need to manually input/categorize all of my spending? That is a deal breaker... how could it not be? Mint has a great algorithm for determining what is what, and I check it and will update one-off cases, but how can YNAB ask you to manually input expenditures...
by onourway
Tue Jun 06, 2017 7:40 am
Forum: Personal Finance (Not Investing)
Topic: Best credit card for cash back
Replies: 104
Views: 18188

Re: Best credit card for cash back

One footnote is how easy is it to cash in your rewards dollars? I find Discover is the easiest, just few clicks and you're finished. The Fidelity card, for some reason does not connect with the full view yet so can't use it to track expenses (go figure). I sent two emails in the past 6 months or so...
by onourway
Tue Jun 06, 2017 5:27 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting
Replies: 47
Views: 3124

Re: Budgeting

Another vote for YNAB. Using its zero based budgeting method means that you are no longer allowed to mentally spend the same dollar multiple times. It made a huge change in how we view our budget. Can't recommend it enough.
by onourway
Thu Jun 01, 2017 10:07 am
Forum: Investing - Help with Personal Investments
Topic: Taxable Account for emergency fund/house downpayment
Replies: 4
Views: 443

Re: Taxable Account for emergency fund/house downpayment

I kind of think I understand what you are proposing, but the entire premise assumes you will have capital gains over a period of 3-4 years. That is far from guaranteed. It's easy to imagine the gains when we've been seeing year over year high returns for 7 years, but imagine if you spend the next 3-...
by onourway
Thu Jun 01, 2017 9:59 am
Forum: Personal Finance (Not Investing)
Topic: Drowning in debt
Replies: 52
Views: 4614

Re: Drowning in debt

I would sell enough to pay off the HELOC and then use the $1000/month to first rebuild your emergency fund and then start putting it back into the taxable account. Things will move along pretty quickly saving that much monthly, and I bet you'll feel a lot better for it.
by onourway
Thu Jun 01, 2017 8:07 am
Forum: Investing - Help with Personal Investments
Topic: Help w/403b & 457 - TIAA-CREF or Fidelity
Replies: 27
Views: 1427

Re: Help w/403b & 457 - TIAA-CREF or Fidelity

We also have my wife's assets split between TIAA and Fidelity. She chose this years ago when she first set things up because she wasn't really sure what to choose. It turns out to have been a good choice. Like others, we use Fidelity for their index fund and TIAA for Traditional. I wouldn't be too w...
by onourway
Wed May 31, 2017 8:39 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting, planning and balance
Replies: 10
Views: 820

Re: Budgeting, planning and balance

I would push her to test drive a used Forester. Our local dealer has piles of 2015-2016 models with 10-20k on them for $20-25k. That's a lot of premium to pay to have brand new rather than 'nearly new.'
by onourway
Wed May 31, 2017 8:10 am
Forum: Investing - Theory, News & General
Topic: Does anyone treat taxable as a "someday fund"?
Replies: 86
Views: 5949

Re: Does anyone treat taxable as a "someday fund"?

This is exactly what I have been building our taxable account for. Right now, it could serve as an additional emergency tier if we ever needed it. In the long-term it's intended to be able to make available any number of possibilities (but not all of them). Vacation home, new car, extra college mone...
by onourway
Wed May 31, 2017 8:07 am
Forum: Personal Finance (Not Investing)
Topic: Budgeting, planning and balance
Replies: 10
Views: 820

Re: Budgeting, planning and balance

I agree with the others. If she wants a new car at that price, some of the other extraneous spending should be cut to save for it. You are doing very well, but with a $625 monthly car payment you are now down to $20k/year in other savings. Not bad, but at your income it could be better. At 15% 401k ...
by onourway
Wed May 31, 2017 7:37 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 5
Views: 556

Re: Portfolio Review

• Two questions: o Is it worth considering REITs and/or dividend index funds? o A ROTH IRA backdoor doesn’t make sense, does it? That depends on your particular wants. REIT's are another type of hedge against certain market forces. They may be somewhat inflation resistant, and they may (or may not)...
by onourway
Tue May 30, 2017 7:50 am
Forum: Investing - Help with Personal Investments
Topic: VTSMX vs Schwab Total Stock Market Index Fund
Replies: 29
Views: 2630

Re: VTSMX vs Schwab Total Stock Market Index Fund

I am in the process of moving very small amount ($680) from my eTRADE brokerage account to either Vanguard's brokerage or one at Schwabs. Schwab's $1 minimum is great but their brokerage account minimum balance is $1000, so even though the total stock market fund has a $1 minimum, you will need $10...
by onourway
Tue May 30, 2017 7:46 am
Forum: Personal Consumer Issues
Topic: Do I deserve it? [A new car]
Replies: 69
Views: 5183

Re: Do I deserve it?

Do you deserve one? How can we possibly know? It's my general opinion that owning a new car is a luxury - and luxuries are, almost by definition, not 'deserved'. I would argue that the long-term cost of owning a new car at this stage in your life is bigger than even your estimate. If you were to spe...
by onourway
Tue May 30, 2017 7:14 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio Review
Replies: 5
Views: 556

Re: Portfolio Review

Overall looks like a good plan. My goal would be to simplify though. Definitely move VBTLX out of your taxable account. It appears you have enough space in your IRA/401k to hold the bonds you need. Generally I would try to move towards no more than 2-3 funds in any one account. Remember what matters...
by onourway
Tue May 30, 2017 5:33 am
Forum: Investing - Help with Personal Investments
Topic: Tried to purchase shares of VTSMX for taxable account...transfers into MM fund?
Replies: 16
Views: 1229

Re: Tried to purchase shares of VTSMX for taxable account...transfers into MM fund?

You're not paying attention to the accounting at vanguard. The money from your checking account goes to the VG settlement fund first. Then the purchase occurs. Check the transaction history. Subtle technicality. Nope, I do all of my purchases direct from an external account. It never touches the se...
by onourway
Sun May 28, 2017 5:55 am
Forum: Personal Finance (Not Investing)
Topic: What's Your Credit Card Rewards Strategy?
Replies: 1861
Views: 294687

Re: What's Your Credit Card Rewards Strategy?

My credit cards rewards strategy is to not have any credit card debt. I get rewarded with paying no interest. And I don't have to manage multiple credit cards...and I sleep well at night. But it is quite interesting how people use credit cards to get the rewards. I'm tempted to do some research on ...
by onourway
Fri May 26, 2017 4:43 pm
Forum: Investing - Help with Personal Investments
Topic: Really trying to understand no bonds in taxable
Replies: 46
Views: 3136

Re: Really trying to understand no bonds in taxable

There isn't a 'no bonds' rule. It is merely a guideline that you consider the tax efficiency. Calculate the tax equivalent yield of any bond you are considering. If there is a better yield from a similar tax exempt bond, choose that instead.
by onourway
Fri May 26, 2017 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: When to start talking to older parents regarding their finances (and how to do it?)
Replies: 37
Views: 3851

Re: When to start talking to older parents regarding their finances (and how to do it?)

Thank you all for the thoughts. I do appreciate all points of view here. A lot depends on your relationship with your parents, but I'd approach it as " Can you let me know where there is a copy of your will or the name of the attorney who drew it up? I'd like to know how to find out about your ...
by onourway
Fri May 26, 2017 7:43 am
Forum: Personal Finance (Not Investing)
Topic: When to start talking to older parents regarding their finances (and how to do it?)
Replies: 37
Views: 3851

Re: When to start talking to older parents regarding their finances (and how to do it?)

Thank you BL. I guess I should clarify - I think that I am not looking to get involved in their finances per se, other than to generally know what they want and expect later in life. It seems like in so many cases people pass and there is no clear understanding of what they would have wanted, what t...
by onourway
Fri May 26, 2017 5:19 am
Forum: Personal Finance (Not Investing)
Topic: When to start talking to older parents regarding their finances (and how to do it?)
Replies: 37
Views: 3851

When to start talking to older parents regarding their finances (and how to do it?)

I'd like to get some advice from you folks here on the subject of when and how to start discussing financial details with ones parents as they age. My parents are separated and both re-married, each around 70, both still working. My wife's parents are about the same age, still together, and retired....
by onourway
Tue May 23, 2017 8:27 pm
Forum: Personal Consumer Issues
Topic: Should I get a dual-action polisher for my working car?
Replies: 18
Views: 1268

Re: Should I get a dual-action polisher for my working car?

^^ Rotary polishers are easy to damage paint - especially along hard edges. Dual action/random orbital ones are nearly impossible. You press hard and the head just stops rotating.
by onourway
Tue May 23, 2017 7:23 pm
Forum: Personal Consumer Issues
Topic: Should I get a dual-action polisher for my working car?
Replies: 18
Views: 1268

Re: Should I get a dual-action polisher for my working car?

runner3081 wrote:What can I say, I am a perfectionist!


I completely understand. It is very hard for me to skip a step but it can be done! :D
by onourway
Tue May 23, 2017 6:59 pm
Forum: Personal Consumer Issues
Topic: Should I get a dual-action polisher for my working car?
Replies: 18
Views: 1268

Re: Should I get a dual-action polisher for my working car?

Depends on the color of the car and the level of your commitment to polishing. A dark colored car with lots of swirl marks can be made to look appreciably better with a random orbit polisher - with the right technique (not hard - just takes some practice) and the right polishes. If your paint is oxi...

Go to advanced search