Search found 118 matches

by perl
Sun Feb 11, 2018 4:29 pm
Forum: Personal Finance (Not Investing)
Topic: Family expecting “comps”
Replies: 38
Views: 4716

Re: Family expecting “comps”

Them: I can't believe you would charge a family member!
Your reply: I can't believe you would steal from a family member!
by perl
Thu Feb 08, 2018 7:53 pm
Forum: Investing - Theory, News & General
Topic: NYT: "84 percent of all stocks owned by Americans belong to the wealthiest 10 percent"
Replies: 14
Views: 1816

Re: NYT: "84 percent of all stocks owned by Americans belong to the wealthiest 10 percent"

Yes. Wealth is highly concentrated. Income is highly concentrated. Stock ownership is therefore also highly concentrated.
by perl
Thu Feb 08, 2018 7:51 pm
Forum: Investing - Help with Personal Investments
Topic: Financial advise for a beginner!
Replies: 4
Views: 324

Re: Financial advise for a beginner!

Yes, we need a lot more information.

You'll also likely get more advice if you correct the misspelling of advice in your post title.
by perl
Thu Feb 08, 2018 7:23 pm
Forum: Investing - Help with Personal Investments
Topic: How to Invest my HSA - Lively
Replies: 30
Views: 3680

Re: How to Invest my HSA - Lively

EquityForAll, thanks.
by perl
Thu Feb 08, 2018 6:30 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1264748

Re: U.S. stocks in freefall

El Greco wrote:
Thu Feb 08, 2018 5:30 pm
I'm hearing a lot of whistling past the graveyard here.
I know! Isn't it great? I enjoy it when the market drops.

This is why we get the big bucks.
by perl
Wed Feb 07, 2018 9:49 pm
Forum: Investing - Help with Personal Investments
Topic: How to Invest my HSA - Lively
Replies: 30
Views: 3680

Re: How to Invest my HSA - Lively

Is there a list of the TDAM commission free ETFs that bogleheads are most interested in (index funds)? I'm considering lively and want to understand the options.
by perl
Tue Feb 06, 2018 11:33 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1264748

Re: U.S. stocks in freefall

If this dip is spooking you, I recommend the book Your Money and Your Brain by Jason Zweig. It explains well the neuroscience behind financial and investing decisions, and it has nice checklists of things you can do to limit your instinctive and panic reactions.
by perl
Mon Feb 05, 2018 9:44 pm
Forum: Investing - Theory, News & General
Topic: Where Are The 100% Equity Bulls? BND up .44%
Replies: 47
Views: 4678

Re: Where Are The 100% Equity Bulls? BND up .44%

While I'm currently 80/20, I was 100% equities both in 2000-01 and 2008-09. Both times were great. I appreciate market crashes.

This isn't a crash. I'm not rebalancing tomorrow because I haven't hit a band.
by perl
Mon Feb 05, 2018 3:51 pm
Forum: Investing - Theory, News & General
Topic: RBD alert [Really Bad Day]
Replies: 86
Views: 10063

Re: RBD alert

I'm kind of disappointed my EM funds are down less than my US funds today, because I wanted to buy more of them. I thought EM was more volatile? Being more volatile doesn't mean they are more volatile every single trading session. Yes. Learning that average results don't predict single day results ...
by perl
Mon Feb 05, 2018 3:49 pm
Forum: Investing - Help with Personal Investments
Topic: Novice 34 y.o. looking for retirement plan guidance
Replies: 16
Views: 1730

Re: Novice 34 y.o. looking for retirement plan guidance

1. Good overall. I would look at backdoor Roth IRAs, especially for your wife while she's in a relatively low tax bracket. 2. Do the 500 index in the 403b since it's your cheapest option. Still ridiculously expensive. Do you have a choice of 403b providers? 3. I would rip off the band aid because th...
by perl
Mon Feb 05, 2018 2:45 am
Forum: Investing - Help with Personal Investments
Topic: Overall Portfolio Plan Critique
Replies: 5
Views: 427

Re: Overall Portfolio Plan Critique

Does your family have any income currently? How much of your expenses are covered? Are you using cash for expenses? What are the job prospects for the unemployed spouse? It doesn't make sense to me to have so much cash and high interest student debt. I would pay off the $35k student loan tomorrow. H...
by perl
Mon Feb 05, 2018 1:42 am
Forum: Personal Finance (Not Investing)
Topic: Online High yield savings account for emergency funds
Replies: 29
Views: 3072

Re: Online High yield savings account for emergency funds

Alliant credit union is 1.45% currently. They're a good choice if you prefer a credit union to a bank. They are fast with ACH transfers.
by perl
Mon Feb 05, 2018 1:06 am
Forum: Investing - Help with Personal Investments
Topic: 401k Advice for a Boglehead in Training
Replies: 16
Views: 1066

Re: 401k Advice for a Boglehead in Training

Are there insurance plans are your job that are HDHP so you could do an HSA?
by perl
Sun Feb 04, 2018 10:47 pm
Forum: Investing - Help with Personal Investments
Topic: 529 plans...prioritize in-state deduction or low fees out of state?
Replies: 7
Views: 448

Re: 529 plans...prioritize in-state deduction or low fees out of state?

If you can deduct all contributions, you save 5% x $20,000 = $1,000 by using the state plan. You pay an extra 0.5% x $20,000 = $100 in fees (assuming no huge growth/loss in your investments). In this case using the state plan saves you $900 the year you contribute, and it takes about ten years for t...
by perl
Sun Feb 04, 2018 10:36 pm
Forum: Personal Finance (Not Investing)
Topic: general "am I on the right track" question
Replies: 29
Views: 2532

Re: general "am I on the right track" question

Schwab is great if you use their low-cost funds. If you like them, stick with them. Read up on backdoor Roth IRAs and HSAs. HSAs are like magic because they are triple tax deferred: they lower you taxes now, you defer taxes on the growth, and don't pay taxes on the withdrawals if used to reimburse h...
by perl
Sun Feb 04, 2018 10:26 pm
Forum: Investing - Help with Personal Investments
Topic: New investor with windfall
Replies: 4
Views: 670

Re: New investor with windfall

Seems reasonable so far.

Do you have other investments besides what you've already mentioned?

Does your spouse work outside the home?

What are you doing for health insurance? Is an HSA an option?
by perl
Sun Feb 04, 2018 8:33 pm
Forum: Investing - Help with Personal Investments
Topic: Need some advice on my financial situation
Replies: 21
Views: 1371

Re: Need some advice on my financial situation

Agreed on keeping the short commute.

Instead of putting 2k/month in a taxable account, you should max out your 401k first. You're passing up tax deferral that is valuable in your tax bracket.

Are you eligible for an HDHP and HSA?
by perl
Sun Feb 04, 2018 7:03 pm
Forum: Personal Finance (Not Investing)
Topic: general "am I on the right track" question
Replies: 29
Views: 2532

Re: general "am I on the right track" question

Your savings seem like they are on the low side for your age and income, although perhaps your income has gone up rapidly recently. How long have you been contributing to the 401k? Do you get a match? Is 150k the total in your 401k? What about backdoor Roth IRAs for you and your wife? I wouldn't add...
by perl
Sat Feb 03, 2018 6:07 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in freefall
Replies: 5600
Views: 1264748

Re: U.S. stocks in freefall

I've got a better explanation: Satan.
by perl
Fri Feb 02, 2018 9:12 am
Forum: Personal Finance (Not Investing)
Topic: Fund 2017 Roth IRA or pay off truck?
Replies: 30
Views: 1670

Re: Fund 2017 Roth IRA or pay off truck?

Can you find out if there is a website that gives the investment options for the 403b? That's important information, could change the equation a lot.

What tax bracket are you in?
by perl
Fri Feb 02, 2018 12:45 am
Forum: Forum Issues and Administration
Topic: Fewer acronyms please
Replies: 91
Views: 5442

Re: Fewer acronyms please

Acronyms signal insider status, showing that you are in the know. They are unwelcoming and exclude newcomers. If the forum wants to encourage new people, reducing acronyms would help. I like this idea, but it is not something that everyone supports. In the recent thread about the small number of rep...
by perl
Thu Feb 01, 2018 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: Help AA/Fixed In. TIAA Traditional vs Tot Bond Index
Replies: 4
Views: 307

Re: Help AA/Fixed In. TIAA Traditional vs Tot Bond Index

I do 50/50 total bond/traditional because, first, I want to be able to rebalance, and second, because I want more fixed income diversification. I don't know which will do better over the next 30-40 years, so I have some of both.

Having the stability of traditional is nice.
by perl
Thu Feb 01, 2018 5:13 pm
Forum: Investing - Help with Personal Investments
Topic: UK Investing - Pension - three fund portfolio help!
Replies: 12
Views: 505

Re: UK Investing - Pension - three fund portfolio help!

Can you post expenses ratios for these funds?
by perl
Thu Feb 01, 2018 5:11 pm
Forum: Investing - Help with Personal Investments
Topic: New to the Group - Advice on current portfolio and plan
Replies: 4
Views: 298

Re: New to the Group - Advice on current portfolio and plan

You have a good plan. If you want to retire early, maxing out everything you can is a good idea. Personally i wouldn't prepay your mortgage, you can get a better return by investing. I would use your extra $100k to start a taxable account, invested according to your allocation. Questions: What fract...
by perl
Mon Jan 29, 2018 11:48 pm
Forum: Investing - Help with Personal Investments
Topic: A Not Paying Off the Mortgage Thread
Replies: 38
Views: 5269

Re: A Not Paying Off the Mortgage Thread

You have a year's expenses in your emergency fund. That's enough for that bucket.

Take everything else and invest it according to your allocation. If you've nervous, start with a more conservative allocation like 70/30.

Don't pay down the mortgage. Maintain liquidity instead.
by perl
Sun Jan 28, 2018 1:49 pm
Forum: Investing - Theory, News & General
Topic: New Member - Roth IRA question
Replies: 6
Views: 735

Re: New Member - Roth IRA question

Please write the names of the funds you are considering, not just the tickers.

Do you have other investments? How are they invested?
by perl
Fri Jan 26, 2018 10:59 am
Forum: Investing - Theory, News & General
Topic: Securities transaction fee
Replies: 14
Views: 1131

Re: Securities transaction fee

Bumping this thread because I've been reading up on securities transaction fees when selling ETFs. Do all brokers pass this fee on to their customers for all sales? Do all brokers charge the same amount for this fee?
by perl
Wed Jan 24, 2018 6:47 pm
Forum: Investing - Help with Personal Investments
Topic: Should I (and my wife) convert traditional IRAs to ROTH IRAs?
Replies: 6
Views: 712

Re: Should I (and my wife) convert traditional IRAs to ROTH IRAs?

Are you planning to retire early, before you start taking social security? If so, at what age?
by perl
Wed Jan 24, 2018 1:40 pm
Forum: Personal Finance (Not Investing)
Topic: Working in the real world
Replies: 118
Views: 8807

Re: Working in the real world

Talking about "the real world" is almost always insulting because everyone lives in the real world. Wealthy professionals live in the real world. Poor migrant farmworkers also live in the real world. New York lawyers work in the real world. Northeast Ohio engineers also work in the real world. Profe...
by perl
Wed Jan 24, 2018 1:12 pm
Forum: Investing - Help with Personal Investments
Topic: 22 yo with 70k new to investing with almost entire salary going towards savings
Replies: 22
Views: 2147

Re: 22 yo with 70k new to investing with almost entire salary going towards savings

Do you have access to vanguard lifestrategy funds? That's a great place to start while you're learning. I would suggest the lifestrategy growth fund: you'll be diversified in stocks (80%) and bonds (20%) both in the US and internationally. Your money will be in a great place while you learn more. Al...
by perl
Wed Jan 24, 2018 1:03 pm
Forum: Investing - Help with Personal Investments
Topic: completely new, trying to understand minimum investments
Replies: 17
Views: 737

Re: completely new, trying to understand minimum investments

I would suggest that you put it all in one of the Lifestrategy funds for now. I would do the Lifestrategy growth fund, since it's diversified and close to your desired allocation. Keep it simple now and give yourself some time to learn. Once you build up to more than 40k, reconsider because you'll h...
by perl
Sun Jan 21, 2018 9:45 pm
Forum: Personal Consumer Issues
Topic: Range Hood Blower Sizing
Replies: 38
Views: 1547

Re: Range Hood Blower Sizing

Very helpful, thanks.
by perl
Sun Jan 21, 2018 7:03 pm
Forum: Personal Consumer Issues
Topic: Range Hood Blower Sizing
Replies: 38
Views: 1547

Re: Range Hood Blower Sizing

Can I add some questions to this thread? We're planning to add a range hood to our kitchen. I'd like resources for figuring out how powerful it should be - where are the formulae in this thread from?

Also, what retailers of hoods have you used? The ones we have looked at haven't been appealing.
by perl
Thu Jan 18, 2018 8:55 am
Forum: Investing - Help with Personal Investments
Topic: Is it reasonable to try to time the I-Bond market?
Replies: 13
Views: 1279

Re: Is it reasonable to try to time the I-Bond market?

The best timing you can do is to buy near the end of the month, because you will get interest for the whole month.
by perl
Thu Dec 21, 2017 2:15 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 51103

Re: Tax Bill Omnibus Thread

Can someone clarify the times rules on home equity loan interest deductibility? Is it completely removed, or still deductible if used for home improvements?
by perl
Sat Oct 21, 2017 3:56 pm
Forum: Personal Consumer Issues
Topic: Seeking Insights for Family Member Providing Daycare
Replies: 10
Views: 1084

Re: Seeking Insights for Family Member Providing Daycare

Most professional daycares in my area have a written Parent Handbook that outlines philosophy, expectations, and policies. Perhaps you could work with your daughter and son in law to put together a written agreement like this. Not so that you have a rigid set of rules, but because the process of wri...
by perl
Fri Oct 06, 2017 12:10 am
Forum: Personal Finance (Not Investing)
Topic: Anyone go 100% Ally or another online bank for all banking needs?
Replies: 61
Views: 5896

Re: Anyone go 100% Ally or another online bank for all banking needs?

Another Schwab customer here. They have fabulous customer service. And they do have branches if you need one at some point.
by perl
Sat Sep 30, 2017 10:47 pm
Forum: Personal Finance (Not Investing)
Topic: For buying house: how do you know which schools are "good"?
Replies: 56
Views: 4456

Re: For buying house: how do you know which schools are "good"?

What most people consider good schools is determined solely by standardized test scores. The great schools ratings, for example, are based on test scores. Standardized test scores are more highly correlated with socioeconomic status and race than with any other variables. If you don't define "good" ...
by perl
Fri Sep 08, 2017 7:46 am
Forum: Personal Consumer Issues
Topic: Contemplating an Electric Car
Replies: 147
Views: 10518

Re: Contemplating an Electric Car

I just bought a 2017 Leaf for under $12K total, after rebates and credits, including taxes and fees.

It is the first car I've ever driven that is truly fun to drive.
by perl
Sat Aug 26, 2017 3:26 pm
Forum: Personal Finance (Not Investing)
Topic: Pay off student loan with home equity loan - Can I deduct the home equity loan interest?
Replies: 7
Views: 569

Re: Pay off student loan with home equity loan - Can I deduct the home equity loan interest?

Look for lower interest HELOCs. I'm in the process of getting one from Digital Credit Union at 4% interest.
by perl
Tue Aug 01, 2017 9:43 pm
Forum: Personal Finance (Not Investing)
Topic: How do I shop around for a HELOC?
Replies: 9
Views: 1327

Re: How do I shop around for a HELOC?

I've been looking recently and Penfed is the best I've found.
by perl
Sun Jul 30, 2017 6:27 pm
Forum: Personal Consumer Issues
Topic: TSA Pre-check for free
Replies: 75
Views: 6775

Re: TSA Pre-check for free

Is your friend over 65? They do sometimes give low-risk folks (typically elderly or teens) TSA-Pre for the day - but it certainly isn't guaranteed - you will never know until you check in. (Even with having paid - they will occasionally bump you for a random full check). They might even have some p...
by perl
Sun Jul 30, 2017 12:49 pm
Forum: Personal Finance (Not Investing)
Topic: How to calculate your retirement number
Replies: 95
Views: 10422

Re: How to calculate your retirement number

It's a big mistake to estimate your lifespan based on your family's lifespan. Genetic factors explain only about 25% of human variability in lifespan.

https://en.wikipedia.org/wiki/Longevity
by perl
Mon Jul 17, 2017 11:53 pm
Forum: Personal Consumer Issues
Topic: Is it Safe to Get Your DNA Tested?
Replies: 84
Views: 9644

Re: Is it Safe to Get Your DNA Tested?

The ethical issue with DNA testing that comes up most frequently is paternity surprises. About 12% of people tested find that their biological father is not who they thought was their father. The impact on families of learning this can be enormous
by perl
Mon Jul 03, 2017 7:19 pm
Forum: Personal Finance (Not Investing)
Topic: Just found out my mom is in serious financial crisis. Need help ASAP.
Replies: 58
Views: 9971

Re: Just found out my mom is in serious financial crisis. Need help ASAP.

She needs to start with a good tax lawyer who specializes in working with people delinquent on their taxes. Do that first.
by perl
Mon Jul 03, 2017 3:56 pm
Forum: Personal Consumer Issues
Topic: Bogleheads: you should be buying 10-year old cars
Replies: 173
Views: 16713

Re: Bogleheads: you should be buying 10-year old cars

Bogleheads love to argue about cars. But if you're truly frugal, you don't own a car.
by perl
Sat Jul 01, 2017 7:19 am
Forum: Personal Consumer Issues
Topic: Buying a dishwasher
Replies: 54
Views: 3858

Re: Buying a dishwasher

If you haven't yet discovered the Sweethome, you are I for a pleasant surprise. It's filling the review vacuum left by Consumer Reports going downhill.

The best dishwasher
by perl
Sat May 20, 2017 3:32 pm
Forum: Personal Consumer Issues
Topic: Bad experience with 'rescuing' a lost dog
Replies: 38
Views: 4229

Re: Bad experience with 'rescuing' a lost dog

Taking a lost dog 2 hours away from where it was found is not a good deed.