Search found 76 matches

by pasadena
Mon Mar 20, 2017 7:26 pm
Forum: Personal Finance (Not Investing)
Topic: Any downside in buying a brand new house ?
Replies: 71
Views: 4572

Re: Any downside in buying a brand new house ?

Thank you so much for all the responses! I will go through them in details and respond when I come home from work. This forum rocks.
by pasadena
Mon Mar 20, 2017 8:59 am
Forum: Personal Finance (Not Investing)
Topic: Any downside in buying a brand new house ?
Replies: 71
Views: 4572

Any downside in buying a brand new house ?

Hello! I'm asking this for a friend, but the question should be relevant for me in a couple of years. Our company is moving to a new state, and my friend is looking into buying a SFH there next year. In the new area, you basically have to choose between 100-year-old homes, or new constructions. His ...
by pasadena
Fri Mar 17, 2017 3:52 pm
Forum: Personal Finance (Not Investing)
Topic: PTO issue with Wife's work
Replies: 14
Views: 1992

Re: PTO issue with Wife's work

I would take a vacation (enough days to get under the cap), schedule it before June, and tell them that I will be traveling during that time, and as such will not be available.

Then I would use that time to update my resume and start networking to find another job with a more respectful company.
by pasadena
Sat Mar 04, 2017 3:04 pm
Forum: Investing - Help with Personal Investments
Topic: how often do you shrug at your IPS? [Investment policy statement]
Replies: 50
Views: 3693

Re: how often do you shrug at your IPS?

I have been known to use my EF to make up for bad budgeting. However, my IPS is a bit of a lifeline, or my little inner voice. It keeps me afloat, and keeps me from doing stupid things. Whenever I want to deviate from it, I reread it, and ask myself why do I want to deviate ? Is it an emotional deci...
by pasadena
Thu Mar 02, 2017 3:37 pm
Forum: Investing - Help with Personal Investments
Topic: Savings Account vs. Bonds for short-term (~1 year) savings
Replies: 5
Views: 328

Re: Savings Account vs. Bonds for short-term (~1 year) savings

Most people tend to have a preset response to that. Short term ? Savings account, or CD. But while that may be the right answer in most cases, it depends. * What is this money for ? * Is this money enough for what you will need it for ? * Is your timeframe set in stone ? Can you afford 1.5 years ins...
by pasadena
Sun Feb 26, 2017 8:51 pm
Forum: Investing - Help with Personal Investments
Topic: How Much Cash Do You Actually Hold?
Replies: 110
Views: 10725

Re: How Much Cash Do You Actually Hold?

I'm still in the early stages of accumulation phase. My cash reserves are : - 6 months of living expenses at current expense level. Planning on adding 5k per year to that (~ 1.5 months of expenses, mostly in prevision of a distant future car purchase) - Next year's Backdoor Roth IRA contribution, wh...
by pasadena
Wed Feb 22, 2017 8:17 pm
Forum: Personal Finance (Not Investing)
Topic: Money for down payment in one year
Replies: 6
Views: 913

Re: Money for down payment in one year

Any reason why you want to wait until Summer 2018, versus buying now ? Long commute for me, love the area we currently live and want to squeeze out another year, our lease it up in a month or two and the housing inventory in the town we want to move to has been tight the past few months so we are g...
by pasadena
Sat Feb 18, 2017 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Money for down payment in one year
Replies: 6
Views: 913

Re: Money for down payment in one year

Any reason why you want to wait until Summer 2018, versus buying now ?
by pasadena
Sat Feb 18, 2017 7:53 pm
Forum: Investing - Help with Personal Investments
Topic: Buy funds Friday before close, when will transaction be completed?
Replies: 6
Views: 598

Re: Buy funds Friday before close, when will transaction be completed?

If you buy through Vanguard before close (4pm EST), you will get tomorrow's closing NAV. If you have another broker, you should be able to find that information on their website. Not correct. From the Vanguard site: If we receive your request to buy or sell a fund before the close of regular tradin...
by pasadena
Sat Feb 18, 2017 7:52 pm
Forum: Investing - Help with Personal Investments
Topic: Two-Fund Portfolio Role Call
Replies: 43
Views: 4602

Re: Two-Fund Portfolio Role Call

I also have two funds in what I consider my non-retirement investments : Taxable : Total Stock Market Admiral (VTSAX) - ~ 51% Roth IRA : Total Bond Market Admiral (VBTLX) - ~ 49% My target AA is more 60/40, but since my overall invested amount is low (mid 5-figures), and I max out my Roth all at on...
by pasadena
Fri Feb 17, 2017 12:31 am
Forum: Investing - Help with Personal Investments
Topic: Two-Fund Portfolio Role Call
Replies: 43
Views: 4602

Re: Two-Fund Portfolio Role Call

I also have two funds in what I consider my non-retirement investments : Taxable : Total Stock Market Admiral (VTSAX) - ~ 51% Roth IRA : Total Bond Market Admiral (VBTLX) - ~ 49% My target AA is more 60/40, but since my overall invested amount is low (mid 5-figures), and I max out my Roth all at onc...
by pasadena
Thu Feb 16, 2017 8:12 pm
Forum: Investing - Help with Personal Investments
Topic: Buy funds Friday before close, when will transaction be completed?
Replies: 6
Views: 598

Re: Buy funds Friday before close, when will transaction be completed?

If you buy through Vanguard before close (4pm EST), you will get tomorrow's closing NAV. If you have another broker, you should be able to find that information on their website.
by pasadena
Thu Feb 16, 2017 8:09 pm
Forum: Investing - Help with Personal Investments
Topic: -$280k Net Worth Has Me Up At Night
Replies: 68
Views: 8963

Re: -$280k Net Worth Has Me Up At Night

Your rental may be cash-flow positive for now, but it's a precipice and you're standing right at the edge. You say it was empty for 3 years. What if your tenants leave and you can't find new ones right away ? What if they leave and you need to repair / freshen up the place before renting it again ? ...
by pasadena
Fri Feb 03, 2017 7:42 pm
Forum: Personal Finance (Not Investing)
Topic: HSA transfer to investments gone wrong
Replies: 0
Views: 254

HSA transfer to investments gone wrong

Hello ! My employer changed HSA provider to Optum. The transfer was completed last week. As soon as it cleared, I transferred money to the investment account. There is a minimum that must stay in the "normal" account ($2,000) so I transferred everything above that. Then (same day) I setup ...
by pasadena
Sat Jan 21, 2017 4:33 pm
Forum: Personal Finance (Not Investing)
Topic: Tax forms for newly opened brokerage account
Replies: 25
Views: 1558

Re: Tax forms for newly opened brokerage account

I start filling in the forms with the real info that I have and estimates of info that will be on forms yet to be received. This way I should have everything ready to go when the forms from the brokerage accounts come in. Just need to revise the remaining estimates and file -- and that can be done ...
by pasadena
Fri Jan 20, 2017 3:26 pm
Forum: Investing - Help with Personal Investments
Topic: Portfolio too heavy with Stock Options
Replies: 10
Views: 1089

Re: Portfolio too heavy with Stock Options

23skidoo wrote:And if so, what info should I provide?
Thank you,
Maria


You can start by filling out this template and edit your original post : https://www.bogleheads.org/forum/viewtopic.php?f=1&t=6212
by pasadena
Thu Jan 19, 2017 10:56 pm
Forum: Personal Finance (Not Investing)
Topic: Tax forms for newly opened brokerage account
Replies: 25
Views: 1558

Re: Tax forms for newly opened brokerage account

Thanks everyone. I will just play with it and wait for the forms before I finalize and file.

I knew it was a bad idea, but I needed someone to tell me :)
by pasadena
Thu Jan 19, 2017 10:49 pm
Forum: Investing - Help with Personal Investments
Topic: Help with allocating debt vs investing with increase in pay
Replies: 52
Views: 3423

Re: Help with allocating debt vs investing with increase in pay

How comfortable are you at the end of the month ? How do you estimate your "risk" of an emergency ? For example, if you were driving a very old car with a long commute, that would put you more at risk than if your car is new or if you walk to work. Or, do you have young children ? Does you...
by pasadena
Tue Jan 17, 2017 6:35 pm
Forum: Personal Finance (Not Investing)
Topic: Tax forms for newly opened brokerage account
Replies: 25
Views: 1558

Tax forms for newly opened brokerage account

Hello ! I opened my (only) brokerage account at Vanguard last July. From July to now, I have only bought funds, and haven't sold anything. I did convert to admiral shares in October. I did get dividends. Vanguard says that they will send out forms for brokerage accounts by end of February. Do I have...
by pasadena
Sat Jan 14, 2017 4:07 pm
Forum: Investing - Help with Personal Investments
Topic: Help with investing severance payment
Replies: 7
Views: 625

Re: Help with investing severance payment

I would also keep the money at Ally until I found a new job. Then I would invest whatever's left of it. You can always keep an eye on CD rates, but I doubt short term ones (< 1y) will go above the savings account APY within the next few months, unless there's a promotion - Ally's 11-months no-penalt...
by pasadena
Sat Jan 14, 2017 3:54 pm
Forum: Personal Finance (Not Investing)
Topic: Max It Out Tomorrow [your IRA]
Replies: 116
Views: 10352

Re: Max It Out Tomorrow [your IRA]

For those of you who are "all-in January" people, where do you get your funds from or where do you hold your funds until next year? 1. Borrow from emergency fund in January and rebuild over the year 2. Build up separate cash reserves to invest next January 3. Invest in the same funds as y...
by pasadena
Fri Jan 13, 2017 10:17 pm
Forum: Investing - Theory, News & General
Topic: Do Bogleheads Budget?
Replies: 113
Views: 14629

Re: Do Bogleheads Budget?

I do, but I admit I have a problem with sticking to it in the long run - working on that. I found a few years ago that I never have as much money as I do when I use a budget. It does eliminate the mysterious money pits *and* makes me think twice - I know I have to enter the expense, and if it's friv...
by pasadena
Wed Jan 11, 2017 7:34 pm
Forum: Personal Finance (Not Investing)
Topic: New Amazon Prime card, no annual fee, 5%(!) back on Amazon purchases
Replies: 72
Views: 7098

Re: New Amazon Prime card, no annual fee, 5%(!) back on Amazon purchases

The 2% is for restaurants, gas stations, and drugstores. 1% anywhere else.

I just checked my account and it's been upgraded without me having to do anything. I never got an email though.

Kudos Amazon and Chase !
by pasadena
Wed Jan 11, 2017 4:13 pm
Forum: Personal Finance (Not Investing)
Topic: Best Financial Moves You've Made
Replies: 141
Views: 17055

Re: Best Financial Moves You've Made

It took me years (and an expatriation) to do it, but the best move for me was to automate savings directly out of my paycheck. I never see the money, so I don't miss it.I have zero decision to make to save money, but I do have decisions to make *and* actions to take to spend it. Inertia works.
by pasadena
Wed Jan 11, 2017 4:10 pm
Forum: Personal Finance (Not Investing)
Topic: 2017 Goals...What should we do?
Replies: 15
Views: 1657

Re: 2017 Goals...What should we do?

I would also bump your wife's savings to max out her Roth, then bump up both 401(k) contributions. The idea of rounding up the car loan payment is nice as it seems this loan is weighing on you - but mathematically, it doesn't make sense to pay it off by taking money out of retirement savings or EF. ...
by pasadena
Wed Jan 11, 2017 3:46 pm
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your emergency fund?
Replies: 80
Views: 6619

Re: Where do you keep your emergency fund?

- 1 to 2 months of expenses in my checking account - 6 months in Ally Savings account / No Penalty CD's - that's my actual EF. - Nothing in another Ally savings account that I just opened for a future car replacement :) If push comes to shove, my Roth IRA has another 6 months invested in VBTLX. And ...
by pasadena
Wed Jan 04, 2017 5:44 pm
Forum: Personal Finance (Not Investing)
Topic: Downpayment For House (take from portfolio or current income)
Replies: 6
Views: 669

Re: Downpayment For House (take from portfolio or current income)

I would build savings from current income, as much as I can, while still maxing out my 401k. In other words, stop contributing to taxable and maybe try to cut a few expenses here and there. Then I would fill the gap with the taxable / CDs (depending on tax situation). How much equity do you have in ...
by pasadena
Wed Jan 04, 2017 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 1.25% 11 month with no EWP
Replies: 76
Views: 9011

Re: Ally Bank 1.25% 11 month with no EWP

This CD is now down to 0.87% APY. Whoa! I guess those of us who got in early should consider ourselves lucky. +1 For once I'm glad I didn't dither. Went in before New Year and moved 80% of EF into it @1.25% Thanks to BH (again) for timely advice! Me too. I moved half of my EF to 2 of these and was ...
by pasadena
Wed Jan 04, 2017 1:55 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 1.25% 11 month with no EWP
Replies: 76
Views: 9011

Re: Ally Bank 1.25% 11 month with no EWP

This CD is now down to 0.87% APY.
by pasadena
Mon Jan 02, 2017 10:12 pm
Forum: Investing - Theory, News & General
Topic: What are you up YTD? [Year To Date]
Replies: 1288
Views: 212277

Re: What are you up YTD? [Year To Date]

401(k) : 9.86% - Target Retirement 2035 @Voya, no ticker Roth IRA : 6.20% - 100% VBTLX (now, but was 100% VASIX until July then 65% VBTLX/35% VTSMX until October) Taxable : 13.10% - 100% VTSAX (opened in July, this number is XIRR) HSA : 7.34% - 80% VDAIX / 20% VBLTX until December, now 100% VDAIX, w...
by pasadena
Mon Jan 02, 2017 8:24 pm
Forum: Personal Finance (Not Investing)
Topic: Max It Out Tomorrow [your IRA]
Replies: 116
Views: 10352

Re: Max It Out Tomorrow

According to the Intelligent Investor by Benjamin Graham: "According to Ibbotson Associates, the leading financial research firm, if you had invested $12,000 in the Standard & Poor’s 500-stock index at the beginning of September 1929, 10 years later you would have had only $7,223 left. But...
by pasadena
Mon Jan 02, 2017 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Max It Out Tomorrow [your IRA]
Replies: 116
Views: 10352

Re: Max It Out Tomorrow

I sent the order yesterday for VG to pull $5,500 from my Ally savings account to my tIRA. The money should get there around Wednesday, and I'll backdoor it to my Roth as soon as it clears (7 days :( ). Now, Ladies and Gentlemen, market timers, I can tell you with near certainty than VBTLX will recov...
by pasadena
Mon Jan 02, 2017 1:51 pm
Forum: Investing - Theory, News & General
Topic: This is a good weekend to start tracking your net worth.
Replies: 69
Views: 5718

Re: This is a good weekend to start tracking your net worth.

II really started tracking it a few months back but I had enough info in my Excel file and online banks to go back to 2014 without having to dive into the paper trail.

I updated it yesterday for this month.
by pasadena
Mon Jan 02, 2017 12:20 am
Forum: Investing - Help with Personal Investments
Topic: What are your portfolio/investments?
Replies: 38
Views: 2624

Re: What are your portfolio/investments?

Emergency funds: 6 months. Debt: None Tax filing Status: Single Tax rate: 28% Federal, 9.3% State State: CA Age: 42 I keep two different "buckets" 1- Retirement : 401(k) @Voya Target Date 2035, ER 0.33 US Stocks : 50% Intl Stocks : 25% US Bonds : 19% Direct RE : 5.8% Other : 0.2% 2- Non Re...
by pasadena
Sat Dec 31, 2016 12:27 am
Forum: Investing - Help with Personal Investments
Topic: Moving my emergency funds into something other than a savings account?
Replies: 18
Views: 2395

Re: Moving my emergency funds into something other than a savings account?

It depends on a number of factors. The wiki page linked above will give you a nice summary. The usual answer is to keep it all in a savings account (paying 1% - if yours is paying less than that, shop for a better one (All is good)). Some will say Money Market but honestly, I don't see how that's a ...
by pasadena
Fri Dec 30, 2016 6:51 pm
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Gift to You.
Replies: 98
Views: 7460

Re: My Christmas Gift to You.

Taylor, I am a French woman born way after the war - my parents are baby boomers. When I was a kid, we would go camping to the same place every year and there was this older man who used to be a Resistant, and he was an Auschwitz survivor (he was deported as a war prisoner). He didn't talk much abou...
by pasadena
Fri Dec 30, 2016 6:22 pm
Forum: Personal Consumer Issues
Topic: How old is your vehicle?
Replies: 200
Views: 14162

Re: How old is your vehicle?

Mine is only 5 y-o, it's a 2012 VW Golf. Bought new with a 0% loan from my company when I first arrived in the US and had 30 days to get a car. I love it as much as I did when I first got it and have no plans to replace it until it dies. Which should take another decade or two since it only has like...
by pasadena
Fri Dec 30, 2016 5:26 pm
Forum: Investing - Help with Personal Investments
Topic: To 401k or IRA in 2016? Please Help.
Replies: 13
Views: 856

Re: To 401k or IRA in 2016? Please Help.

(...) I was thinking for the upcoming year to 1. Roll over my old 401k into new one and contribute about $9,000/year 2. Keep the backdoor Roth IRA option available if I decide ti do rIRA at some point (probably won't be in 2017 as I am not even maxing out my 401k). Why not max-out your 401(k) ? Are...
by pasadena
Fri Dec 30, 2016 2:36 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for staying the course
Replies: 20
Views: 2018

Re: Advice for staying the course

I'm an even more recent investor than you are (401k started in 2012, Roth IRA in 2015 and taxable last summer) so I have no idea what a real market downturn will do to my brain. But I have a plan :D - Bookmark and regularly read the two best posts ever written ( A time to EVALUATE your jitters and U...
by pasadena
Fri Dec 30, 2016 2:17 pm
Forum: Personal Finance (Not Investing)
Topic: Home equity loan for kitchen improvement?
Replies: 19
Views: 1345

Re: Home equity loan for kitchen improvement?

She will be selling at a higher price. But it's almost certain she will not recoup the cost of the renovation. Which means that she'll have less money in her pocket (higher sell price - kitchen cost including the interests on the HELOC) but the realtors will have more money in their pocket (higher s...
by pasadena
Fri Dec 30, 2016 1:33 am
Forum: Personal Finance (Not Investing)
Topic: I'll never save a 20% down payment. Rent for life?
Replies: 138
Views: 13167

Re: I'll never save a 20% down payment. Rent for life?

Re: Career Path - There are a lot of people commenting on the career path, which is fine, although I didn't request advice about it :D Brutal honesty is that I was very smart in school, but I had a numbers/mathematical handicap. Started getting those "D" grades in 3rd grade, "F"...
by pasadena
Thu Dec 29, 2016 9:35 pm
Forum: Personal Consumer Issues
Topic: Affordable home exercise
Replies: 91
Views: 6710

Re: Affordable home exercise

A jump rope is the cheapest and meanest piece of cardio equipment you can get. Extremely versatile for both strength and cardio is a kettlebell. But they can be fairly expensive. For anything else - check out craigslist. You'd be amazed at what people want to get rid of. In a month or so, everybody ...
by pasadena
Wed Dec 28, 2016 11:50 pm
Forum: Personal Finance (Not Investing)
Topic: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!
Replies: 212
Views: 38847

Re: Surprise financial disaster, severe debt $300K caused by brother-in-law - Please help!

You need to go to the police station. I disagree with this and the others saying similar things. Yes the man has done illegal things. However I think that him going to jail does not help pay off anything and he is the father of 4 children who are also the children of the sister. ... whose life he j...
by pasadena
Wed Dec 28, 2016 11:27 pm
Forum: Personal Finance (Not Investing)
Topic: Buying a home at 56?
Replies: 23
Views: 1999

Re: Buying a home at 56?

The estimated cost of the town house is 220,000 and is just under 2,000 square feet. There are no town homes near by to compare with.I will not pay cash but I do have the 20% downpayment. The HOA fees are high at $1500 a year but that includes front yard maintenance. $1500 per year is not a high HO...
by pasadena
Wed Dec 28, 2016 5:20 pm
Forum: Investing - Theory, News & General
Topic: How many of you invest 100% at Vanguard?
Replies: 118
Views: 7872

Re: How many of you invest 100% at Vanguard?

My Roth IRA and brokerage account are at Vanguard.

401(k) and HSA are not, because that's up to my employer.
by pasadena
Wed Dec 28, 2016 5:17 pm
Forum: Personal Finance (Not Investing)
Topic: Changing State of Residency to Avoid State Income Taxes
Replies: 24
Views: 2906

Re: Changing State of Residency to Avoid State Income Taxes

I have heard that CA is particularly tenacious about holding on to tax-payers who wander off. I've heard the same, as a coworker recently had to go through this after accepting an expat mission. The company actually provided legal counsel on this topic (!). Apparently you really need to sever every...
by pasadena
Tue Dec 27, 2016 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: large purchase [engagement ring]
Replies: 72
Views: 5752

Re: large purchase

Looking into buying an engagement ring. I will be starting a new job with 200k income in a couple months but want to buy one now. I got a 21 mo 0% credit card to purchase it on before I start work. I know this is not preferable, but I have signed a contract for the job and have been dating the girl...
by pasadena
Tue Dec 27, 2016 9:20 pm
Forum: Personal Finance (Not Investing)
Topic: I'll never save a 20% down payment. Rent for life?
Replies: 138
Views: 13167

Re: I'll never save a 20% down payment. Rent for life?

If there is such a huge difference between renting and buying, in your situation, I might go ahead and buy with < 20% DP. But make sure you don't deplete your savings and scrap every penny for that DP. You *will* need money for ancillary costs, and then the whole house maintenance thing. Not to ment...
by pasadena
Tue Dec 27, 2016 8:29 pm
Forum: Personal Finance (Not Investing)
Topic: Should I contact my landlady for lease renewal ?
Replies: 18
Views: 2391

Re: Should I contact my landlady for lease renewal ?

I'm not in CA, but every place I've rented there is a difference between a fixed term lease and a periodic lease. For a fixed term lease, the lease itself counts as notice of when it ends. A tenant can move out and hand the landlord the keys on the termination date and walk away. A landlord can sho...
by pasadena
Mon Dec 26, 2016 11:02 pm
Forum: Personal Finance (Not Investing)
Topic: Should I contact my landlady for lease renewal ?
Replies: 18
Views: 2391

Re: Should I contact my landlady for lease renewal ?

Thank you for the responses, I will contact her.

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