Search found 1011 matches

by onourway
Sat May 19, 2018 2:21 pm
Forum: Personal Finance (Not Investing)
Topic: Helping Adult Children (but not too much)
Replies: 95
Views: 6490

Re: Helping Adult Children (but not too much)

My parents opened a Roth IRA in my name and made a nominal contribution to it when I graduated. The big thing they did was help me do the legwork to make sure I was contributing to it automatically every month. This put me on track to save tens of thousands of dollars of my own money in my 20's that...
by onourway
Sat May 19, 2018 1:56 pm
Forum: Investing - Theory, News & General
Topic: Do I understand duration correctly?
Replies: 19
Views: 1331

Re: Do I understand duration correctly?

I can give you a real-world example from my own portfolio to show that things are not nearly so dire as you predict. On January 19, 2017 I purchased $99,000 of Vanguard Total Bond Market Admiral (VBTLX) buying 9,299.81 shares at a NAV of 10.65. On that date the Federal Funds Rate was 0.65%. I have r...
by onourway
Fri May 18, 2018 5:24 am
Forum: Investing - Theory, News & General
Topic: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%
Replies: 78
Views: 6704

Re: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%

Let's watch VBTLX total return and see where it goes. Right now it is negative 3.02% YTD. Looking at returns over a few months of an investment one is supposed to hold for years tends to produce a distorted view of things. VBTLX also had a maximum drawdown of -3.65% in 2016, yet it returned +2.6% f...
by onourway
Thu May 17, 2018 9:38 am
Forum: Investing - Theory, News & General
Topic: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%
Replies: 78
Views: 6704

Re: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%

Please do not put words in my mouth. I did not call anyone stupid. If anything, I am the stupid one here because 49 posts into this discussion, I am still not understanding the advocacy for bond funds in a rising interest environment. Thank you all for your feedback. I want to reiterate that I appr...
by onourway
Thu May 17, 2018 9:11 am
Forum: Investing - Theory, News & General
Topic: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%
Replies: 78
Views: 6704

Re: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%

It appears that nobody is understanding the point that I am trying to make. When this many people are not getting it, it must be my fault. I will try one more time in the simplist terms possible, and if I still fail, I'm giving up. 1. Everyone is quick to point out that yield is increasing. But THE...
by onourway
Wed May 16, 2018 3:27 pm
Forum: Investing - Theory, News & General
Topic: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%
Replies: 78
Views: 6704

Re: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%

Unless you are imminently spending a good portion of your investment, you should be agnostic regarding today's value. If you are spending today, you want high prices. If you are accumulating, you want to be buying asset classes with the (relatively) lowest prices. Many experts believe that equities ...
by onourway
Wed May 16, 2018 1:14 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Morgan growth fund
Replies: 14
Views: 744

Re: Vanguard Morgan growth fund

How is it performance chasing? It’s outperformed TSM since inception Because past results do not predict future results. Of all available funds, some must, by definition, out-perform their benchmark. Determining which of those has done so in the past is trivial. Determining which will do so in the ...
by onourway
Wed May 16, 2018 9:40 am
Forum: Personal Consumer Issues
Topic: Lexus RX 350, Audi Q5, or Volvo XC 60
Replies: 91
Views: 5533

Re: Lexus RX 350, Audi Q5, or Volvo XC 60

What is it about the Lexus that you dislike so much? I'm just wondering as this will be the first "luxury" vehicle purchase we have made. I happen to agree - I find Toyota and Lexus vehicles to be a total snooze and the interiors to loose much of their luster after you've lived with them for a whil...
by onourway
Wed May 16, 2018 9:19 am
Forum: Investing - Theory, News & General
Topic: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%
Replies: 78
Views: 6704

Re: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%

I'm sorry, it still does not make sense. I am perfectly fine with stocks dropping 30% because they have the potential to rise 30% the other way. Bonds will never have that potential, which is why I agree with some other posters that a penalty free CD may be a better option. I don't know what the pu...
by onourway
Tue May 15, 2018 1:24 pm
Forum: Investing - Theory, News & General
Topic: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%
Replies: 78
Views: 6704

Re: YTD: VBTLX down 2.28%; VBILX down 2.99%; VTSAX down 0.23%

A 2% fluctuation in value hardly qualifies as 'volatile'.

It seems to me that when people are constantly worrying about being in a certain asset class, that's probably a pretty good time to be buying.
by onourway
Tue May 15, 2018 12:40 pm
Forum: Investing - Help with Personal Investments
Topic: Best options for cash in Schwab brokerage accounts?
Replies: 42
Views: 4595

Re: Best options for cash in Schwab brokerage accounts?

Both Fidelity and Vanguard use money market funds as core/sweep positions, not sure why Schwab stopped doing it. Fidelity even gives you multiple options. It's a nice spot to land direct deposits/paychecks to earn a little interest before bills are paid out. This is pretty much my only quibble with...
by onourway
Tue May 15, 2018 8:57 am
Forum: Investing - Help with Personal Investments
Topic: Best options for cash in Schwab brokerage accounts?
Replies: 42
Views: 4595

Re: Best options for cash in Schwab brokerage accounts?

I just moved my emergency fund from ally into this, because I was tired of having it outside of Schwab. Just a personal preference in trying to simplify my financial life. After expense ratio, I am still doing better than ally, right? As the expense ratio is baked into the return, correct? The quot...
by onourway
Tue May 15, 2018 8:28 am
Forum: Investing - Help with Personal Investments
Topic: Vanguard Prime Money Market instead of bond fund
Replies: 40
Views: 4958

Re: Vanguard Prime Money Market instead of bond fund

Bond prices have been *falling*. Now should be the time to buy, not sell. Do you have a reason to believe bonds will not continue to fall for years? Or that they will not underperform money market funds for decades? It could very easily happen. Or not. There are no certainties. I have no reason to ...
by onourway
Mon May 14, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Prime Money Market instead of bond fund
Replies: 40
Views: 4958

Re: Vanguard Prime Money Market instead of bond fund

What if you moved your long term money from bond fund to money market fund temporarily until the rate increases diminish (and bond fund returns turn positive), and then move your long term money back into the bond fund? Then you would still have the long term benefit of superior bond fund returns w...
by onourway
Mon May 14, 2018 7:47 am
Forum: Personal Consumer Issues
Topic: keyless ignitions and carbon monoxide
Replies: 80
Views: 4143

Re: keyless ignitions and carbon monoxide

My wife did this more than once with our Prius which would be for all intents and purposes 'off' once you stopped and put it in park. Fortunately we did not have it parked in a garage and the only cost was the fuel it burned on and off over night.

Very easy to do in modern cars, especially hybrids.
by onourway
Fri May 11, 2018 5:42 am
Forum: Investing - Help with Personal Investments
Topic: Should I sell Small Cap Value Fund and move it into Roth?
Replies: 23
Views: 1893

Re: Should I sell Small Cap Value Fund and move it into Roth?

You really need to plug your own numbers into Triceratop's spreadsheet. For me VBR only works out to a few basis points worse than VTI in taxable. It's a non-issue.
by onourway
Fri May 11, 2018 5:26 am
Forum: Investing - Help with Personal Investments
Topic: move out of bonds into money market and online savings
Replies: 13
Views: 1865

Re: move out of bonds into money market and online savings

If you move now, you have bought high and sold low.

Bond prices are currently down. It's time to be buying, not selling.
by onourway
Wed May 09, 2018 10:50 am
Forum: Personal Consumer Issues
Topic: When to replace a car windshield
Replies: 27
Views: 1671

Re: When to replace a car windshield

If there are any chips it is likely a candidate for replacement. It's possible you may also get it replaced due to the pitting. I too have a car that's like this and would like to have it replaced for pitting but honestly haven't looked into it and don't drive it enough to think about it often. You ...
by onourway
Wed May 09, 2018 10:45 am
Forum: Personal Consumer Issues
Topic: When to replace a car windshield
Replies: 27
Views: 1671

Re: When to replace a car windshield

I would replace it.

Do you not have glass coverage on your policy?
by onourway
Wed May 09, 2018 10:42 am
Forum: Investing - Help with Personal Investments
Topic: Should I sell Small Cap Value Fund and move it into Roth?
Replies: 23
Views: 1893

Re: Should I sell Small Cap Value Fund and move it into Roth?

Vanguard's Small Cap Value is extremely tax efficient; I would have no issue with holding it in a taxable account.

However you should run the numbers yourself to check your specific circumstances. The spreadsheet to do so can be found here viewtopic.php?t=242137
by onourway
Wed May 09, 2018 9:40 am
Forum: Personal Finance (Not Investing)
Topic: Another Vehicle Question
Replies: 31
Views: 1595

Re: Another Vehicle Question

I'm not convinced the Expedition is larger for the passengers than your existing van. The Expedition is mostly for people who need a truck that can haul a lot of people, or for people who just want the look. With 3 kids of similar age I cannot imagine how you are 'outgrowing' the van. We make do in ...
by onourway
Tue May 08, 2018 8:43 am
Forum: Personal Finance (Not Investing)
Topic: Help these teachers decide a price for a possible house purchase
Replies: 16
Views: 2056

Re: Help these teachers decide a price for a possible house purchase

Given the presumably secure nature of both your jobs, good cash position, and current equity, I think you can easily afford in the $500-600k range, and if that amount or even a little bit more moves you into an appreciably nicer location (which in your area I presume it would) I think you should do ...
by onourway
Thu May 03, 2018 2:03 pm
Forum: Personal Consumer Issues
Topic: Vanguard Steering Community - legit or scam?
Replies: 7
Views: 985

Re: Vanguard Steering Community - legit or scam?

Another point that it's legit is that I've already seen one notice Vanguard sent out discussed here on this site. It was clear that notice was shaped by the feedback they received from the Steering Community.
by onourway
Thu May 03, 2018 1:47 pm
Forum: Personal Consumer Issues
Topic: Vanguard Steering Community - legit or scam?
Replies: 7
Views: 985

Re: Vanguard Steering Community - legit or scam?

I have been taking these surveys regularly for a little while now. Highly confident it's legit.
by onourway
Thu May 03, 2018 1:21 pm
Forum: Personal Consumer Issues
Topic: Costco Vs Amazon Prime
Replies: 62
Views: 3898

Re: Costco Vs Amazon Prime

I too fail to understand the comparison. 95% of what I buy from Amazon Costco doesn't carry. The two primary reasons I use Amazon is wide selection and the fact that it reliably arrives at my door in 2 days. It would take me at least an hour to go to Costco or equivalent, and like any warehouse stor...
by onourway
Thu May 03, 2018 12:48 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a house and High tax state.. Does it make sense anymore??
Replies: 28
Views: 2181

Re: Buying a house and High tax blue state.. Does it make sense anymore??

Your landlord has to pay the same taxes. You just pay them on his behalf in terms of ever rising rent prices. Actually, in many places in NY, your landlord has to pay higher property taxes than you would as the owner-occupant. Many localities offer lower property tax rates on owner-occupied homes t...
by onourway
Thu May 03, 2018 9:50 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house and High tax state.. Does it make sense anymore??
Replies: 28
Views: 2181

Re: Buying a house and High tax blue state.. Does it make sense anymore??

Average state-wide property tax rate in New York is supposedly 1.65% ( https://smartasset.com/taxes/new-york-property-tax-calculator ). If it were 1.65% then the 20K would represent a valuation of something like 1.21 million. And if 20K is 60% of your rent then you are paying 40K annually. What is ...
by onourway
Thu May 03, 2018 9:37 am
Forum: Personal Finance (Not Investing)
Topic: Budget for kid's sport?
Replies: 49
Views: 2232

Re: Budget for kid's sport?

We have two 7 year olds and I, as an extremely athletic parent, cannot imagine having them in that many activities. What, exactly, is the point other than to not have to spend time with the kid yourself or let them engage in free-play? Cut it down to 1 sport at a time - budget fixed. If they need mo...
by onourway
Thu May 03, 2018 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Buying a house and High tax state.. Does it make sense anymore??
Replies: 28
Views: 2181

Re: Buying a house and High tax blue state.. Does it make sense anymore??

Your landlord has to pay the same taxes. You just pay them on his behalf in terms of ever rising rent prices. Tax rates are relatively stable over time. Interest rates are still low. If you buy now, in 20 years your mortgage payment (if you still have one) will look like a bargain compared to then-c...
by onourway
Thu May 03, 2018 8:45 am
Forum: Personal Consumer Issues
Topic: Should reliability rankings eliminate Jeep Grand Cherokee?
Replies: 91
Views: 5173

Re: Should reliability rankings eliminate Jeep Grand Cherokee?

The Jeep affliction appears to be pretty serious. My wife's family primarily owns Jeeps, and they currently have 3 Grand Cherokees between them, all between 2010 and 2016. I cannot agree with the sentiments here that these are 'enthusiast' vehicles in their dynamics nor that they are anything specia...
by onourway
Tue May 01, 2018 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Question on Vanguard Money Market Account Check wise
Replies: 15
Views: 1267

Re: Question on Vanguard Money Market Account Check wise

Vanguard checks have a minimum of $250 and you can choose one alternative redemption fund (must be a Money Market or Bond Fund) in addition to your sweep account to write checks against. There is no e-check functionality, the only option as far as I know is to write a physical check. Vanguard is pre...
by onourway
Mon Apr 30, 2018 1:57 pm
Forum: Personal Consumer Issues
Topic: Northern Hiking/Walking Vacation
Replies: 19
Views: 1345

Re: Northern Hiking/Walking Vacation

Can you give more information on what you're looking for, as the question is fairly broad. Is lodging for you camping out or a fancy resort hotel or somewhere in-between? Do you want a town to be based from to have other activities or is a remote lodge ok? What kind of hiking are you looking for (di...
by onourway
Mon Apr 30, 2018 1:07 pm
Forum: Personal Consumer Issues
Topic: Avocado Timing
Replies: 40
Views: 2934

Re: Avocado Timing

Avocado buying is a skill that I've been working on perfecting my entire adult life. Pretty good at it but often still get it wrong. :) If I were buying today to use this weekend, I'd buy quite green ones and leave them on the counter. Agreed you will want to buy a couple of extras if you are making...
by onourway
Mon Apr 30, 2018 5:32 am
Forum: Personal Consumer Issues
Topic: Maple syrup
Replies: 59
Views: 4905

Re: Maple syrup

Regular price at Wegmans here is $24/half gallon.

We use a lot as well.
by onourway
Wed Apr 25, 2018 11:59 am
Forum: Personal Finance (Not Investing)
Topic: Cashing out of the Bay Area
Replies: 84
Views: 10320

Re: Cashing out of the Bay Area

If you can retire with the life you want now based on your current situation and the alternative is to wait 2-3 years at which point the options are retire with either a bit more, or not at all if the markets have gone sour, I would absolutely 100% retire today, or at least take the steps to make su...
by onourway
Wed Apr 25, 2018 10:47 am
Forum: Personal Consumer Issues
Topic: Is my computer obsolete?
Replies: 60
Views: 4222

Re: Is my computer obsolete?

I have noticed with IOS (Apple) devices they stop supporting operating systems for older devices. After several years the devices are very slow just to surf the internet. But if you are using it to only run desktop applications like Excel, Word, Access, you should be fine. The development curve for...
by onourway
Wed Apr 25, 2018 10:40 am
Forum: Personal Consumer Issues
Topic: Is my computer obsolete?
Replies: 60
Views: 4222

Re: Is my computer obsolete?

Yup, fine for web browsing/light work. The primary advantages you'd get for that kind of use with a newer model would be that you could get something much thinner and lighter with much better battery life and a better screen. The primary source of any slowness you feel on your current laptop (presum...
by onourway
Wed Apr 25, 2018 10:02 am
Forum: Personal Consumer Issues
Topic: Cost of ownership for midsize SUV/wagon
Replies: 27
Views: 1807

Re: Cost of ownership for midsize SUV/wagon

I did the brakes myself, over 14 years I have done two sets of pads, one set of rear shoes and one set of new rotos. Pads take about 15 minutes, rear shoes took about 60 minutes. I also replace the battery once, and one set of rear shocks, again these were about 15 minutes of work. I have also repl...
by onourway
Wed Apr 25, 2018 8:13 am
Forum: Investing - Help with Personal Investments
Topic: Schwab Vs Fidelity Vs Vanguard
Replies: 48
Views: 5104

Re: Schwab Vs Fidelity Vs Vanguard

If you are concerned about 0.01% of expense on a few funds I'd argue you are focused on the wrong thing. Schwab is a great brokerage - I have a portion of my holdings there and their checking account is my primary. However most of my long-term investments are with Vanguard because I trust the owners...
by onourway
Wed Apr 25, 2018 8:02 am
Forum: Personal Consumer Issues
Topic: Cost of ownership for midsize SUV/wagon
Replies: 27
Views: 1807

Re: Cost of ownership for midsize SUV/wagon

Wow in 14 years of owning my Toyota Minivan it has been into the shop exactly 4 times (excluding oil changes), three recalls and one timing belt. I do my own oil changes, they take 30 minutes and I know they are done correctly. So you are willing to take your vehicle into the repair shop every two ...
by onourway
Wed Apr 25, 2018 7:44 am
Forum: Personal Consumer Issues
Topic: Cost of ownership for midsize SUV/wagon
Replies: 27
Views: 1807

Re: Cost of ownership for midsize SUV/wagon

I would point you at a Volvo as well. Between the current XC90/XC60/XC40 SUV's and the V90/V90CC they have exactly your requirements covered. The upcoming V60 is IMO the best looking wagon to come from any manufacturer in at least the last decade, perhaps two. If cost of ownership is an issue I woul...
by onourway
Fri Apr 20, 2018 7:18 pm
Forum: Investing - Help with Personal Investments
Topic: Lump sum vs Dollar-cost average in 2018?
Replies: 7
Views: 865

Re: Lump sum vs Dollar-cost average in 2018?

All money invested as soon as it is available, just like always.
by onourway
Fri Apr 20, 2018 12:58 pm
Forum: Investing - Theory, News & General
Topic: Noob question for vanguard money market
Replies: 10
Views: 887

Re: Noob question for vanguard money market

The New York Fund is clearly better *if* the current rate spread turns out to be relatively permanent. That's a big if.
by onourway
Fri Apr 20, 2018 10:48 am
Forum: Personal Finance (Not Investing)
Topic: Online Banking Question
Replies: 9
Views: 574

Re: Online Banking Question

No, there is no one 'best' bank. You'll have to decide the factors most important to you. Most people find they will need several banks between checking/savings/credit cards and investments.
by onourway
Fri Apr 20, 2018 9:56 am
Forum: Personal Consumer Issues
Topic: How to ask town to build a sidewalk?
Replies: 22
Views: 1312

Re: How to ask town to build a sidewalk?

Yup, talk to your council member(s) and the mayor. You might be surprised at the effect one person can have.
by onourway
Thu Apr 19, 2018 9:35 am
Forum: Personal Consumer Issues
Topic: Another discussion about private vs public schools?
Replies: 79
Views: 4476

Re: Another discussion about private vs public schools?

IowaFarmWife wrote:
Thu Apr 19, 2018 9:31 am
Have you considered home schooling?
They both work professional jobs.
by onourway
Thu Apr 19, 2018 9:26 am
Forum: Personal Consumer Issues
Topic: Another discussion about private vs public schools?
Replies: 79
Views: 4476

Re: Another discussion about private vs public schools?

We are in a very similar overall position to you except our kids are already in school and we are still in the north. Our youngest is in private school on my wife's insistence. Next year will likely be the last year. I would move to the better school district. There is extremely little data availabl...
by onourway
Wed Apr 18, 2018 2:19 pm
Forum: Investing - Theory, News & General
Topic: Wealthfront's Risk Parity Fund expense reduced
Replies: 5
Views: 559

Re: Wealthfront's Risk Parity Fund expense reduced

This does zero to restore my faith in the company. It's simply damage control. They acted this way once. They'll do it again.
by onourway
Wed Apr 18, 2018 1:32 pm
Forum: Investing - Theory, News & General
Topic: Lack of FDIC Insurance a big deal?
Replies: 39
Views: 3731

Re: Lack of FDIC Insurance a big deal?

Would I put every penny I had in a single money market fund? Nope, but I'm fine with my emergency fund/short-term savings being there. In the worst case scenario we still have several other layers of fall-back - ~1-2 months expenses typically in checking accounts, 2 stable jobs, taxable investment a...
by onourway
Wed Apr 18, 2018 10:09 am
Forum: Investing - Theory, News & General
Topic: How do I properly calculate taxable yield for Vanguard Municipal Money Market?
Replies: 9
Views: 673

Re: How do I properly calculate taxable yield for Vanguard Municipal Money Market?

Good point. So assuming 24% 2018 bracket (marginal), then Vanguard Prime MM (VMMXX) 1.79% becomes 1.36% net. (1.79%*.76). Compared to Vanguard Municipal MM (VMSXX) at 1.48%, and it appears VMSXX is the easy winner, today. Assumes of course no AMT hit (which I just assume won't be an issue for me). ...