Search found 1113 matches

by radiowave
Wed Jun 21, 2017 8:03 pm
Forum: Personal Finance (Not Investing)
Topic: Windfall inheritance and new home
Replies: 20
Views: 1488

Re: Windfall inheritance and new home

FIREchief wrote:If you are happy in your current life style, why change it? You may wish to spend some time figuring out how to avoid exposure to estate taxes.


+1 I agree with the chief, stow the money away in safe assets, don't think about how you'll spend the "extra" cash.
by radiowave
Wed Jun 21, 2017 7:57 pm
Forum: Personal Consumer Issues
Topic: How many tech devices do you have?
Replies: 74
Views: 2935

Re: How many tech devices do you have?

Lets see for spouse and I . . . 2 iPhone 5S 1 microcell 1 router plus switch in the basement 4 laptops (2 Win7 2 Win10), also old netbook I'll convert to Linux some day and enough parts to build a desktop 3 LCD monitors 2 TVs, amps, blurays 1 Raspberry Pi 2 1 wireless printer, 1 Epson pigment ink pr...
by radiowave
Wed Jun 21, 2017 6:11 pm
Forum: Investing - Help with Personal Investments
Topic: Ally no penalty 11 month CD rate increased to 1.50% this morning
Replies: 44
Views: 4709

Re: Push money from Credit Union to Ally, or have Ally pull it?

Is there a general consensus on whether it is better to push money from a Credit Union to Ally, or have Ally pull it from the Credit Union? I have a CD maturing at Andrews FCU (got in on their 6 month holiday special last year) that I want to move to Ally. I'm leaning toward having Ally commence th...
by radiowave
Mon Jun 19, 2017 9:44 pm
Forum: Personal Finance (Not Investing)
Topic: Storing funds for a house
Replies: 10
Views: 973

Re: Storing funds for a house

+1 on CDs and/or high yield savings account (Ally, etc.)
I don't consider corporate bond funds "safe"
by radiowave
Fri Jun 16, 2017 10:16 pm
Forum: Investing - Help with Personal Investments
Topic: Permanent job (finally), curious 403b match; thoughts?
Replies: 6
Views: 632

Re: Permanent job (finally), curious 403b match; thoughts?

A 25% match on the 403b is a no brainer. At mid .40% ER that's not too bad. I "suffered" with a similar expense ratio for over a decade.
by radiowave
Fri Jun 16, 2017 10:07 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 37
Views: 4374

Re: Ally Bank No penalty CD for parking cash, is there a catch?

6 day hold and that's it. Bought a couple about two months ago and had to redeem one already to shuffle things around as wife bought a new car. Super easy and I've already moved some back into other CDs also with Ally. Really enjoying using that bank. Makes me think about using their checking. The ...
by radiowave
Fri Jun 16, 2017 7:53 pm
Forum: Personal Finance (Not Investing)
Topic: Rewards Credit Cards for Large Purchases
Replies: 19
Views: 1595

Re: Rewards Credit Cards for Large Purchases

At the end of July 2017, my wife and I are having some home improvement work done on our property. The total cost is $12000. We currently use the Capital One Venture card. The rewards rate is 2 miles per 1 dollar spent. However, we'd like to take advantage of a sign-up bonus (or two or four) when i...
by radiowave
Tue Jun 13, 2017 10:15 pm
Forum: Investing - Help with Personal Investments
Topic: Emergency fund: high yield savings account vs. money market fund
Replies: 7
Views: 767

Re: Emergency fund: high yield savings account vs. money market fund

I don't see the advantage of using money market funds when there are a reasonable number of online high yield banks available. The VG tax-exempt may yields a few fraction of a percent higher than HY savings, but is it worth the extra effort especially if it is not FDIC insured?
by radiowave
Tue Jun 13, 2017 6:47 am
Forum: Investing - Help with Personal Investments
Topic: question about allocation - taxable vs. 401k
Replies: 7
Views: 591

Re: question about allocation - taxable vs. 401k

Hi, welcome to the forum.

Best place to start is the Wiki: https://www.bogleheads.org/wiki/Main_Page. Click on "Getting Started" and then work your way thought the sections of interest. You'll probably spend a few evenings digesting the material.
by radiowave
Mon Jun 12, 2017 9:14 pm
Forum: Investing - Theory, News & General
Topic: Favorite Feature of Vanguard Website?
Replies: 64
Views: 4609

Re: Favorite Feature of Vanguard Website?

You can purchase mutual funds in a taxable account from an external bank account without first moving the money to VG. (cannot do that with ETFs however).
by radiowave
Mon Jun 12, 2017 5:33 pm
Forum: Investing - Help with Personal Investments
Topic: Early retirement planning when future income needs are met by pensions/social security.
Replies: 16
Views: 1557

Re: Early retirement planning when future income needs are met by pensions/social security.

Hi, we've had a few recent topic in the past few months with similar questions. So if your overall living expenses are say $50k (not including extraordinary expenses), then you'd have to fund 20x50,000 or 1M as a base plus contingency. If you use a rough guess of 10%, add $100k. Now that is a simpli...
by radiowave
Sun Jun 11, 2017 6:21 pm
Forum: Personal Consumer Issues
Topic: College admissions question - she got a "C"
Replies: 100
Views: 7790

Re: College admissions question - she got a "C"

Some colleges and universities are changing admission processes. In our school - a large state university nursing program - the first tier for admissions is meeting the minimum admission standards, GPA, prerequisite classes, references, etc. The second tier is reviewing and scoring the entrance essa...
by radiowave
Sun Jun 11, 2017 6:01 pm
Forum: Investing - Help with Personal Investments
Topic: Retire Early?? Part 2: Withdrawal Strategy and Plan
Replies: 12
Views: 1662

Re: Retire Early?? Part 2: Withdrawal Strategy and Plan

As jjface noted, you have some opportunities to the top of the 15% tax bracket until you start taking social security. You can do Roth IRA conversions (and pay 15% tax federal + state). Another strategy is to cash in funds in taxable, e.g. a total bond fund, and get 0% long term capital gains tax. I...
by radiowave
Sun Jun 11, 2017 12:33 pm
Forum: Personal Consumer Issues
Topic: Where to Live on $60K or Less a Year?
Replies: 242
Views: 24564

Re: Where to Live on $60K or Less a Year?

The Denver metro area, especially south metro and Colorado Spring are some of the hottest real-estate markets in the country so housing prices are increasing and $300k houses, if you can find one in reasonable shape, go to contract in a few days after going on the market. Grand Junction CO is a good...
by radiowave
Sun Jun 11, 2017 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Applying the three funds over several accounts
Replies: 6
Views: 514

Re: Applying the three funds over several accounts

You may have to build a spreadsheet to track everything across accounts. I did that a couple years ago and it helps immensely in understanding current asset allocation as well as future changes. I generally revise every 2-3 months (or earlier if there are large market swings).
by radiowave
Sat Jun 10, 2017 11:04 pm
Forum: Investing - Help with Personal Investments
Topic: Starting a Three-Fund Portfolio - which funds?
Replies: 24
Views: 3163

Re: Starting a Three-Fund Portfolio - which funds?

Probably a dumb question, but I just started my retirement account and put $2000 in. When I go to buy shares on the Vanguard site it looks like the minimum is $10,000 (admiral) for the three-fund portfolio, is there different funds I should be looking for as a starter? Many retirement accounts that...
by radiowave
Sat Jun 10, 2017 10:58 pm
Forum: Personal Finance (Not Investing)
Topic: Is Quicken 2017 worth it? Please help
Replies: 22
Views: 1684

Re: Is Quicken 2017 worth it? Please help

Bought Quicken recently on sale promotion, had it many years ago for a small business. I was mainly interested in consolidating reporting of my accounts . . . rather disappointed in the new version. Yes, you can link your accounts and get some very basic reports. Decided to stick to my Excel spreads...
by radiowave
Sat Jun 10, 2017 10:46 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity Cash Management Account--any real life experience you can share?
Replies: 31
Views: 4820

Re: Fidelity Cash Management Account--any real life experience you can share?

Only problem I've had with my CMA account is one check that wasn't sent in the bill pay . . . my mortgage of all things. Luckily the lender called me and I was able to resolve the issue quickly. I don't trust non eBill pay anymore. Fidelity promptly reimbursed my late fee and I didn't get a credit h...
by radiowave
Sat Jun 10, 2017 8:31 pm
Forum: Personal Finance (Not Investing)
Topic: Where do you keep your Savings?
Replies: 24
Views: 3194

Re: Where do you keep your Savings?

Yes, keep it simple. We have as first tier a brick and mortar bank, mainly for checking and bill pay. Second tier is high yield savings and CDs. Third tier is iBonds, forth tier is investments in brokerage. We do have a second high yield savings for a couple years, but slowly closing that out.
by radiowave
Sat Jun 10, 2017 2:32 pm
Forum: Personal Finance (Not Investing)
Topic: Debit charge I didn't make ...
Replies: 20
Views: 1950

Re: Debit charge I didn't make ...

mhalley wrote:If you don't use the debit card for purchases (which I believe should be everyone) see if your bank will give you an ATM card that is not a debit card.


You can get an ATM only card at Bank of America.
by radiowave
Tue Jun 06, 2017 3:17 pm
Forum: Investing - Help with Personal Investments
Topic: Financially independent and then market crashes?
Replies: 54
Views: 5787

Re: Financially independent and then market crashes?

I've been doing some modeling on my retirement spreadsheet. Factored in tax-deferred (and tax implications on withdrawal), taxable and Roth IRA funds, SS, small pension and expenses. Then calculated return on investments (4%) and inflation for each year to 100 for both of us. What surprised me was t...
by radiowave
Tue Jun 06, 2017 3:10 pm
Forum: Investing - Help with Personal Investments
Topic: Help me decide how my Fidelity 2% Cashback rewards should be invested plz.
Replies: 20
Views: 1574

Re: Help me decide how my Fidelity 2% Cashback rewards should be invested plz.

I just put my cc awards money as credit towards next bill. I guess it all comes out in the wash whichever strategy you use.
by radiowave
Tue Jun 06, 2017 11:04 am
Forum: Investing - Help with Personal Investments
Topic: Selecting target retirement for my 401(k)
Replies: 23
Views: 1268

Re: Selecting target retirement for my 401(k)

If you are holding your funds for 30+ years, then you have plenty of time to recover from another recession or two so be as aggressive as you can tolerate. The 2008-2009 period is instructive, many equity funds lost half of their value and took 3-4 years to recover. So you could lose about half valu...
by radiowave
Tue Jun 06, 2017 10:58 am
Forum: Investing - Help with Personal Investments
Topic: Taxable Account Advice for intermediate term
Replies: 7
Views: 858

Re: Taxable Account Advice for intermediate term

If you absolutely, positively don't want to lose $ to the market for your future house, consider a FDIC insured CD or CD ladder. Ally has 1.35% 12 mo and 60 mo CDs are 2+%.
by radiowave
Tue Jun 06, 2017 10:49 am
Forum: Investing - Help with Personal Investments
Topic: Selecting target retirement for my 401(k)
Replies: 23
Views: 1268

Re: Selecting target retirement for my 401(k)

I agree with the above posts. At 0.08% that's about as good as you'll get on a VG target date fund. Since you'll likely be in the workforce for another 30+ years and this is tax deferred, you can be a bit more aggressive at your age so 80/20 seems reasonable.
by radiowave
Tue Jun 06, 2017 7:57 am
Forum: Personal Finance (Not Investing)
Topic: Best credit card for cash back
Replies: 104
Views: 18144

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 radiowave
Tue Jun 06, 2017 7:54 am
Forum: Personal Finance (Not Investing)
Topic: Trip to Ireland/Amex/Visa/Do I need a card with no foreign tx fee?
Replies: 22
Views: 1205

Re: Trip to Ireland/Amex/Visa/Do I need a card with no foreign tx fee?

I was about to recommend the Capital One Quicksilver card until I read climber2020 post (and URL) above. Bummer, wife and I travelled Europe last summer and it worked perfectly. However I don't keep my phone on while travelling outside the US so the Cap One card with texting each charge would be use...
by radiowave
Mon Jun 05, 2017 10:28 pm
Forum: Investing - Help with Personal Investments
Topic: Investment advice for taxable account
Replies: 11
Views: 891

Re: Investment advice for taxable account

Hi, welcome to the forum. See the wiki on tax efficient placement. As a general rule of thumb, VG Total Bond (or any bond funds except municipal bonds, e.g. VTITX) are not tax efficient and would be better placed in a tax deferred (Traditional/Roth IRA, 401k, etc) account.
by radiowave
Mon Jun 05, 2017 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Best credit card for cash back
Replies: 104
Views: 18144

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 radiowave
Mon Jun 05, 2017 8:43 pm
Forum: Personal Finance (Not Investing)
Topic: Early Retirement Timing – Update
Replies: 9
Views: 1392

Re: Early Retirement Timing – Update

Age 65 convert our cash balance pensions to an immediate annuity (no COLA options). This comes to: - Wife: 13,620 starting in 2024 - Me: 21,578 starting in 2032 One thing you may want to research is the cost of annuitizing vs. keeping the defined benefit. If the pension + SS meets your basic needs,...
by radiowave
Mon Jun 05, 2017 7:22 pm
Forum: Personal Consumer Issues
Topic: Cold weather family summer vacation ideas
Replies: 32
Views: 2612

Re: Cold weather family summer vacation ideas

Olympic NP and rain forest in Washington. It's cool and rainy (well it's a rain forest) and you can drive up to 10K+ feet and see snow (beautiful drive to the top). There are some spectacular hikes at the coast though the forest that end at the Pacific coast, breaking out from the rain forest to bea...
by radiowave
Sun Jun 04, 2017 9:59 pm
Forum: Personal Consumer Issues
Topic: Home automation
Replies: 18
Views: 3038

Re: Home automation

I have a few Insteon switches and wall plugs integrated into a Universal Devices ISY-994. The pluses: convenience in turning on/controlling lights. E.g from our upstairs bedroom I can turn on several first floor lights during the night if we hear something suspicious. Cost is a factor and have over ...
by radiowave
Sun Jun 04, 2017 9:41 pm
Forum: Investing - Help with Personal Investments
Topic: Exchange Fund within Roth IRA
Replies: 3
Views: 174

Re: Exchange Fund within Roth IRA

Yes, there are no tax implications in a Roth IRA so you can exchange whatever you want. If this was a taxable account, then you could (likely) have short and/or long term capital gains tax to deal with.
by radiowave
Sat Jun 03, 2017 9:31 pm
Forum: Investing - Help with Personal Investments
Topic: New Cash to Invest - what now???
Replies: 13
Views: 1541

Re: New Cash to Invest - what now???

what was the proceeds from the real estate?
by radiowave
Sat Jun 03, 2017 9:27 pm
Forum: Investing - Help with Personal Investments
Topic: Another getting ready for retirement thread
Replies: 17
Views: 1602

Re: Another getting ready for retirement thread

OP, Do you qualify for retiree health benefit from your employer if you are laid off from 60 to 64? KlangFool I'll ask a related question, you have COBRA for a year but no employer contribution. You are showing $12k for healthcare insurance, that might be a bit on the low side. I recently priced ou...
by radiowave
Thu Jun 01, 2017 7:03 pm
Forum: Investing - Help with Personal Investments
Topic: 1 year (ish) Bogleheads Portfolio Checkup - 23 yr old
Replies: 8
Views: 651

Re: 1 year (ish) Bogleheads Portfolio Checkup - 23 yr old

You are doing well. With a Target Retirement fund at .08%, can't get any better than that. Just keep funding it and it will pay off well in the decades ahead. Question: Emergency funds: $27K in Checking Account earning 2%, $7.5K in Savings Account earning 2.25% (only can transfer max $500/month into...
by radiowave
Thu Jun 01, 2017 5:27 pm
Forum: Investing - Theory, News & General
Topic: How do you fight the urge to micromanage?
Replies: 57
Views: 4141

Re: How do you fight the urge to micromanage?

Follow your portfolio EVERY day for months and see what happens. You will get used to doing nothing but watching. It's so easy. You will find out that things you expected to happen, didn't happen. And things you didn't expect to happen, happened. Then get a pet like a parakeet or dog that you can m...
by radiowave
Thu Jun 01, 2017 5:22 pm
Forum: Investing - Help with Personal Investments
Topic: Reinvest or put in cash?
Replies: 8
Views: 1067

Re: Reinvest or put in cash?

Actually I do a little of both. Taxable and old 401k (3 fund portfolio) have dividends go to MM account and I reallocate based on asset allocation drift. Recently diverting taxable dividends to high yield savings to help fund some home projects. My current active tax-deferred account I have a target...
by radiowave
Thu Jun 01, 2017 5:14 pm
Forum: Investing - Help with Personal Investments
Topic: New to DIY Personal Investing, feedback on my plan
Replies: 1
Views: 183

Re: New to DIY Personal Investing, feedback on my plan

Hi, welcome to the forum and congratulations on finishing your residency. I will assume you have read the Boglehead Wiki, just in case here is the URL: https://www.bogleheads.org/wiki/Main_Page and click on Getting Started. A few points and I anticipate others will chime in: - live like a resident f...
by radiowave
Thu Jun 01, 2017 5:00 pm
Forum: Investing - Theory, News & General
Topic: What do you hold while waiting for a good CD?
Replies: 20
Views: 1742

Re: What do you hold while waiting for a good CD?

Ally has a 12mo CD at 1.35%. Not bad for a short term FDIC insured asset.
by radiowave
Thu Jun 01, 2017 2:52 pm
Forum: Investing - Help with Personal Investments
Topic: 4 Years to Retirement. Want to get out of Fidelity PAS. Need Advice
Replies: 51
Views: 3339

Re: 4 Years to Retirement. Want to get out of Fidelity PAS. Need Advice

Bobby, I've been following this thread vicariously this past week or so. Sounds like you've made the decision to get out of the actively managed PAS and go to just a plain vanilla Fidelity Target Date Index fund - excellent choice. I have some of the index funds that were left over from an old 403b ...
by radiowave
Wed May 31, 2017 8:50 pm
Forum: Investing - Help with Personal Investments
Topic: What to do with extra $$$ in savings?
Replies: 10
Views: 1122

Re: What to do with extra $$$ in savings?

A few items . . .

- What broker is your current Roth IRAs?
- Have you set up a taxable account there?
- Do you have a high yield savings account like Ally, AMEX, Discover, Capital One, etc.?
- Do you have an emergency fund set up?

and welcome to the forum!
by radiowave
Wed May 31, 2017 6:59 pm
Forum: Investing - Help with Personal Investments
Topic: ? help on taking ss at 62
Replies: 15
Views: 1497

Re: ? help on taking ss at 62

One thing to consider is healthcare . . . does you wife have insurance benefits when she retires (and does that cover you) or do you have healthcare insurance that will cover your wife while still working. What happens if you retire before 65?. Purchasing private insurance could be costly.
by radiowave
Wed May 31, 2017 9:55 am
Forum: Investing - Help with Personal Investments
Topic: Advice please: investment portfolio assets allocation for a late beginner
Replies: 4
Views: 418

Re: Advice please: investment portfolio assets allocation for a late beginner

I agree with Artisan, an asset allocation of 70/30 (equity/bonds) is more appropriate at your age. Max out tax-deferred, back door Roth IRA, for allocation of funds, I would stick with just the Boglehead 3 fund portfolio, total US stock, Total International, and Total Bond. Max out bonds in your tax...
by radiowave
Tue May 30, 2017 9:06 pm
Forum: Investing - Help with Personal Investments
Topic: high interest account advice
Replies: 5
Views: 407

Re: high interest account advice

Generally you'll get around 1.0% from the high yield savings accounts like Ally (AMEX, Capital One, Discover, Synchrony, etc.). If you add a CD, Ally has a 12 mo at 1.35%.
by radiowave
Tue May 30, 2017 6:53 pm
Forum: Investing - Help with Personal Investments
Topic: What Combination of IRA Types Should I Shoot For?
Replies: 3
Views: 288

Re: What Combination of IRA Types Should I Shoot For?

You are likely over the limit for traditional IRA (both) as well as Roth IRA. Do a search here for backdoor Roth IRA.
by radiowave
Tue May 30, 2017 7:46 am
Forum: Personal Consumer Issues
Topic: Do I deserve it? [A new car]
Replies: 70
Views: 5143

Re: Do I deserve it?

why not buy a new car at below $20k? Buy a Honda or Toyota and you can drive it for 10-15 years.
by radiowave
Tue May 30, 2017 7:43 am
Forum: Investing - Help with Personal Investments
Topic: Best Vanguard fund for emergency fund?
Replies: 21
Views: 2816

Re: Best Vanguard fund for emergency fund?

If your purpose is to keep this as a true emergency fund then it shouldn't be invested in stocks at all. I would think you would want to hold this in something where the funds are guaranteed like a high yield savings account. As an example Ally Bank is paying 1.05 % If you are using these funds tow...
by radiowave
Mon May 29, 2017 4:32 pm
Forum: Local Chapters and Bogleheads Community
Topic: Memorial Day
Replies: 28
Views: 2513

Re: Memorial Day

Taylor, thank you for your service. My thoughts and prayers are with the families and communities for those in uniform who gave the ultimate sacrifice to keep us free.

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