Search found 976 matches

by rr2
Sun Jan 15, 2017 10:01 pm
Forum: Personal Finance (Not Investing)
Topic: is a 401k loan always terrible?
Replies: 51
Views: 3112

Re: is a 401k loan always terrible?

Years ago, I asked the same question and received some great advice and also learnt a lot about 401k loans and other aspects including interest, alternatives etc. https://www.bogleheads.org/forum/viewtopic.php?f=2&t=57638 I am grateful to forum members who posted in that thread.
by rr2
Thu Jan 12, 2017 8:59 pm
Forum: Investing - Help with Personal Investments
Topic: Tight Budget Noobie help with Retirement
Replies: 31
Views: 1755

Re: Tight Budget Noobie help with Retirement

You do have a tight budget situation. One thing I noticed --
Mortgage of 220K at 4.5% for 30 years comes to about $1050 while you list $1200 in your budget for the mortgage amount.
by rr2
Thu Jan 12, 2017 3:57 pm
Forum: Personal Finance (Not Investing)
Topic: How to best approach saving for retirement/debt reduction
Replies: 14
Views: 668

Re: How to best approach saving for retirement/debt reduction

A long time ago, I bought something on a 0% loan for 12 months. The terms were that if the loan was not completely paid back in 12 months, then interest would be retroactively charged at the higher rate from the start of the loan. Not sure if such loans and terms still exist. Something to check. Fo...
by rr2
Thu Jan 12, 2017 3:45 pm
Forum: Personal Finance (Not Investing)
Topic: How to best approach saving for retirement/debt reduction
Replies: 14
Views: 668

Re: How to best approach saving for retirement/debt reduction

A long time ago, I bought something on a 0% loan for 12 months. The terms were that if the loan was not completely paid back in 12 months, then interest would be retroactively charged at the higher rate from the start of the loan. Not sure if such loans and terms still exist. Something to check.
by rr2
Wed Jan 11, 2017 3:10 pm
Forum: Personal Consumer Issues
Topic: Trip to Kona, Hawaii - Suggestions
Replies: 44
Views: 2592

Re: Trip to Kona, Hawaii - Suggestions

Going unto the summit of Mauna Kea can be a fun experience especially around sunset. A 4 wheel drive vehicle is recommended for the dirt road. Most rental car companies prohibit the taking of vehicles as per the rental contract so you need to check. Also the drive from Kona to Hilo via the Hamakua c...
by rr2
Tue Jan 10, 2017 6:17 pm
Forum: Personal Finance (Not Investing)
Topic: 2017 Goals...What should we do?
Replies: 15
Views: 1560

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

If it were me, my first priority would be to max both Roth IRAs. I would not rush to pay off the 0.9% debt unless you are really debt averse. It would be very beneficial to come up with a long term investment plan.
by rr2
Tue Jan 10, 2017 12:20 am
Forum: Investing - Help with Personal Investments
Topic: [403(b) Fidelity or TIAA Cref allocation, and do I want one?]
Replies: 137
Views: 5007

Re: EJ not [costing me as much as] others?

ai_3_us wrote:Unfortunately my income is not enough right now to fully support my Roth, though I would like to.

If you are making at least $5500/year in earned income, then you can max your Roth IRA. As livesoft mentioned, you can withdraw from your EJ account for living expenses.
by rr2
Mon Jan 09, 2017 11:19 pm
Forum: Investing - Theory, News & General
Topic: How Bad was 2008, really?
Replies: 189
Views: 12108

Re: How Bad was 2008, really?

Think of driving 60 mph down a steep, windy, wooded road on a dark and rainy night when your headlights and brakes go out. How would you explain that feeling to your kid brother as you drive down the same stretch of road eight years later in broad daylight, and he says to you, "What's the big ...
by rr2
Wed Dec 28, 2016 12:24 am
Forum: Local Chapters and Bogleheads Community
Topic: My Christmas Gift to You.
Replies: 98
Views: 6996

Re: My Christmas Gift to You.

We are honored by your service, Mr. Larimore. You SIr, belong to the finest. Thank you for the bottom of my heart.
by rr2
Wed Mar 12, 2014 12:27 am
Forum: Personal Finance (Not Investing)
Topic: Retirement Savings Growth exceeds Annual Retirement Expense
Replies: 29
Views: 3717

Re: Retirement Savings Growth exceeds Annual Retirement Expe

At age 41, we hit this. All it took was for us to become a two income family. Prior to that we were living on, paying down debt, and saving a little on one income. The second person went to work and had an income greater than our total expenses till then. We saved all of the second persons income. V...
by rr2
Tue Mar 11, 2014 7:26 pm
Forum: Investing - Help with Personal Investments
Topic: % of annual income saved compared to final portfolio goal
Replies: 33
Views: 3084

Re: % of annual income saved compared to final portfolio goa

This also didn't make me feel very good. Then again, I am 25 and just started saving a year ago. I got .02% with a 40%+ savings rate of my after tax income. Maybe I should focus on making a better income! :greedy Or reduce your final portfolio goal ;) Look at the formula and graph linked to in simp...
by rr2
Mon Mar 10, 2014 7:34 pm
Forum: Forum Issues and Administration
Topic: Android / iPhone app
Replies: 11
Views: 2768

Re: Android / iPhone app

See this thread requesting tapatalk support for this forum.

viewtopic.php?t=71832

This forum works great on my iPad via Safari. On the iPhone, not so much -- the font is small and you have to scroll a lot.
by rr2
Mon Mar 10, 2014 3:29 pm
Forum: Personal Finance (Not Investing)
Topic: Do I need hurricane insurance in hawaii
Replies: 2
Views: 516

Re: Do I need hurricane insurance in hawaii

In Hawaii, for single family housing with a mortgage, the lender requires hurricane insurance. Not sure about condos.
by rr2
Mon Mar 10, 2014 11:51 am
Forum: Investing - Help with Personal Investments
Topic: % of annual income saved compared to final portfolio goal
Replies: 33
Views: 3084

Re: % of annual income saved compared to final portfolio goa

letsgobobby wrote:
grap0013 wrote:So far, 50% of respondents are saving more than 2%. That is very impressive.

Bogleheads are like their own little bell curve on the tail of the bell curve that is America.

Funny. I almost spit out my morning tea. !!
by rr2
Sun Mar 09, 2014 10:27 pm
Forum: Investing - Theory, News & General
Topic: Happy fifth birthday! [since the 2008-2009 market crash]
Replies: 54
Views: 4730

Re: Happy fifth birthday! [since the 2008-2009 market crash]

From XIRR, 12.22% (*)

(*) The closest date for which I have reported balances is 1Q2009 (03/31/2009). However, most of the contributions have come after that date.

Portfolio is roughly 60% Stocks.
by rr2
Sun Mar 09, 2014 5:37 pm
Forum: Investing - Help with Personal Investments
Topic: Ahh Missed It! [market timing]
Replies: 20
Views: 3072

Re: Ahh Missed It! [market timing]

So I'm in my early 30's and have a lot of cash sitting on the sidelines. I want to start to get it into the market, basically taking the passive approach and investing in the CORE FOUR. I want to get my money in the market in phases over the next 12 months. My problem, I feel like I missed out on t...
by rr2
Sun Mar 09, 2014 2:59 am
Forum: Investing - Help with Personal Investments
Topic: Invest or pay credit cards
Replies: 11
Views: 660

Re: Invest or pay credit cards

I'm thinking of investing but the wife is insisting on chunking down the credit cards pretty quickly. I'm trying to tell her the cards have zero percent interest and those offers are valid for a good 10-12 more months now question is pay the minimum and invest monthly and pay the credit card balanc...
by rr2
Sun Mar 09, 2014 2:30 am
Forum: Personal Finance (Not Investing)
Topic: your lowest exspense ratio fund in 401
Replies: 31
Views: 2061

Re: your lowest exspense ratio fund in 401

CREF Stock -- at 0.49% just a shade under 0.5%.
by rr2
Sat Mar 08, 2014 1:20 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio planning, Dubai based Non-US citizen, Trading ETFs
Replies: 27
Views: 4122

Re: Portfolio planning, Dubai based Non-US citizen, Trading

My bad. I misunderstood. I assumed incorrectly that you were investing directly with a US Financial institution. In that case, I do not think there will be any issues with taxation etc since the account will be held in the UAE and all transactions conducted there. But, check with a local tax account...
by rr2
Sat Mar 08, 2014 12:56 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio planning, Dubai based Non-US citizen, Trading ETFs
Replies: 27
Views: 4122

Re: Portfolio planning, Dubai based Non-US citizen, Trading

Just curious -- is it not possible to invest in Dubai itself. I assume there are plenty of financial institutions in the UAE. It is possible that funds there may be more expensive but I would say that not having to deal with the paperwork in the US regarding taxes. The UAE has 1 ETF and it is incre...
by rr2
Sat Mar 08, 2014 12:48 am
Forum: Investing - Theory, News & General
Topic: How Many Funds Do You Have in Taxable?
Replies: 97
Views: 6662

Re: How Many Funds Do You Have in Taxable?

Just one -- VTWSX. Vanguard Total World Stock Index fund.
by rr2
Sat Mar 08, 2014 12:46 am
Forum: Investing - Help with Personal Investments
Topic: Portfolio planning, Dubai based Non-US citizen, Trading ETFs
Replies: 27
Views: 4122

Re: Portfolio planning, Dubai based Non-US citizen, Trading

Just curious -- is it not possible to invest in Dubai itself. I assume there are plenty of financial institutions in the UAE. It is possible that funds there may be more expensive but I would say that not having to deal with the paperwork in the US regarding taxes.
by rr2
Fri Mar 07, 2014 10:42 pm
Forum: Personal Finance (Not Investing)
Topic: tax-deferred savings vs liquidity
Replies: 4
Views: 433

Re: tax-deferred savings vs liquidity

In the long run, it probably doesn't really matter whichever option you choose. I too have a 30 year fixed rate mortgage, even though we can make payments at the 15 year rate. The 3.5% fixed rate for a 30 year mortgage seemed too good to pass up. We are much older than you (mid 40s) and just bought ...
by rr2
Fri Mar 07, 2014 10:20 pm
Forum: Personal Finance (Not Investing)
Topic: tax-deferred savings vs liquidity
Replies: 4
Views: 433

Re: tax-deferred savings vs liquidity

Congratulations on the loan payoff!

You are in your late twenties -- get a 15 year mortgage. Pay on schedule and your mortgage will be paid off by the time you are in your mid 40s. Plus you will have a nice sum of money in your retirement accounts.
by rr2
Fri Mar 07, 2014 9:51 pm
Forum: Personal Finance (Not Investing)
Topic: Paying extra directly onto mortgage
Replies: 17
Views: 1843

Re: Paying extra directly onto mortgage

The mortgage holder is my father in law and we pay 7.5% interest. Are you deducting this as mortgage interest on you taxes? Is your father in law paying taxes on this interest? If you or your father in law ever get audited I would think that paying an above market interest rate and deducting the in...
by rr2
Fri Mar 07, 2014 12:42 am
Forum: Investing - Theory, News & General
Topic: “Buying on the peaks” can work too!
Replies: 10
Views: 2228

Re: “Buying on the peaks” can work too!

Nice story. What if this post was written in March 2009?

How much did Bob have in March 2009?
-- under $400k.

Lucky Bob.
by rr2
Wed Mar 05, 2014 10:55 pm
Forum: Personal Finance (Not Investing)
Topic: Need Help with HUD-1 vs. Form 1098
Replies: 9
Views: 1279

Re: Need Help with HUD-1 vs. Form 1098

Doesn't the Closing (Escrow) Agent handle taxes paid etc.? As sscritic says, you need to follow the trail. Did you close locally? Can you talk to the agent? One option: My county tax has a website. I can check when payments were made and for how much. Edit: check IRS Pub 530 and the examples. http:/...
by rr2
Wed Mar 05, 2014 3:42 am
Forum: Investing - Theory, News & General
Topic: Beat the S&P 500 with the S&P 500? Not likely.
Replies: 15
Views: 2009

Re: Beat the S&P 500 with the S&P 500? Not likely

If one wishes to beat the performance of the S&P500 for the year, all one has to do is buy the S&P500 when it is lower than it started the year. There already have been some good opportunities this year to do so (think Feb 3rd for instance). Then one can sit back and relax for the rest of t...
by rr2
Wed Mar 05, 2014 2:47 am
Forum: Personal Finance (Not Investing)
Topic: What was your dumbest financial decision?
Replies: 172
Views: 19423

Re: What was your dumbest financial decision?

The dumbest financial decision was when we dealt incorrectly with an unforeseen debt. This put us in a financial hole for many years. This was almost completely due to not seeking good advice. We were reasonably new to this country and we're very young and were total novices when it came to negotiat...
by rr2
Wed Mar 05, 2014 2:18 am
Forum: Investing - Help with Personal Investments
Topic: stayed out of the market, what to do now?
Replies: 64
Views: 9454

Re: stayed out of the market, what to do now?

Anoop -- Welcome to Bogleheads. Given your savings thus far, I assume you have a high savings rate. Thus, there is probably nothing wrong in proceeding the way you have gone thus far with mostly capital preserving safe investments. Putting enough into I and EE bonds is a strategy that might work for...
by rr2
Mon Mar 03, 2014 9:57 pm
Forum: Investing - Help with Personal Investments
Topic: Moving to Australia - what to do about retirement accounts
Replies: 19
Views: 4425

Re: Moving to Australia - what to do about retirement accoun

Isn't the worst case just cashing out? Pay the penalty and income taxes and never think about this issue again. Bold move, but if I was your age (and I am) and never coming back to the US I'd want to simplify as much as possible. In terms of simplicity, there is something to like about this strateg...
by rr2
Thu Feb 27, 2014 2:29 pm
Forum: Investing - Theory, News & General
Topic: Would you buy Total World index if it had Admiral Shares?
Replies: 68
Views: 10650

Re: Would you buy Total World index if it had Admiral Shares

VTWSX is our only taxable holding. It would be nice if it had Admiral Shares. We like the simplicity it provides.
by rr2
Wed Feb 26, 2014 2:08 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Mortgage-speak!
Replies: 27
Views: 1958

Re: Help with Mortgage-speak!

Thank you very much for the explanation! I think I am understanding, but there is one thing that still does not make sense to me. In my case, I paid the loan due on 3/1 and the payment due on 4/1 on 2/24 and 2/25 respectively. I understand that the entire month's interest is due (essentially) at th...
by rr2
Wed Feb 26, 2014 2:05 pm
Forum: Personal Finance (Not Investing)
Topic: Help with Mortgage-speak!
Replies: 27
Views: 1958

Re: Help with Mortgage-speak!

grabiner and tfb have explained very well. You have two choices for an extra payment -- either the amount goes towards principal OR towards next months payment. You can't have both. If you still need further convincing, make a spreadsheet of the principal balance versus interest paid. Points to cons...
by rr2
Fri Jan 17, 2014 2:47 pm
Forum: Personal Finance (Not Investing)
Topic: Anyone familiar with this? Bank asking for info...
Replies: 86
Views: 10032

Re: Anyone familiar with this? Bank asking for info...

Recently, we received a letter from TIAA Direct to provide similar information. We have our emergency funds in a savings account there. I did call and provide them this. It wasn't a scam.
by rr2
Tue Nov 26, 2013 6:37 pm
Forum: Personal Finance (Not Investing)
Topic: Paying Down CC & Establishing Emergency Fund
Replies: 14
Views: 994

Re: Paying Down CC & Establishing Emergency Fund

Welcome to bogleheads!

Option 1) seems best. Also remember that the Roth can be used as an E-fund as long as it is invested conservatively. I'd also focus on reducing expenses.
by rr2
Tue Nov 26, 2013 5:35 am
Forum: Personal Consumer Issues
Topic: Medical bills -- getting the discount without insurance
Replies: 19
Views: 1831

Re: Medical bills -- getting the discount without insurance

We might find this doctor's writings highly instructive: (I hope it's okay for me to post this link! He's not selling anything.) What's really interesting is the doctor's perspective on health insurance. They too find dealing with the for-profit insurers frustrating and sometimes bordering on fraud...
by rr2
Tue Nov 26, 2013 1:51 am
Forum: Personal Consumer Issues
Topic: Airline ticket change issue
Replies: 4
Views: 641

Re: Airline ticket change issue

See page 34 of http://www.united.com/web/format/pdf/Contract_of_Carriage.pdf Rule 24, Section C. C) Change in Schedule - When a Passenger’s Ticketed flight is affected because of a Change in Schedule, UA will, at its election, arrange one of the following: 1) Transport the Passenger on its own fligh...
by rr2
Mon Nov 25, 2013 4:45 am
Forum: Personal Consumer Issues
Topic: Medical bills -- getting the discount without insurance
Replies: 19
Views: 1831

Re: Medical bills -- getting the discount without insurance

I'm glad things worked out, and it certainly doesn't hurt to ask. Just for clarification, there is a reason doctors don't give individual patients the same discount they give insurance companies. The insurance company gives "free marketing" by adding the doctor's name to the list of docto...
by rr2
Sun Nov 24, 2013 2:00 am
Forum: Personal Consumer Issues
Topic: Casio G-Shock
Replies: 22
Views: 1914

Re: Casio G-Shock

Another recommendation for the Casio F-91W. I got my first one 22 years ago. About ten years ago, one of the holes on the watch where the strap is affixed broke. The replacement watch is still going good. Have replaced batteries once but on the third strap.
by rr2
Mon Oct 14, 2013 12:12 pm
Forum: Investing - Theory, News & General
Topic: 2013 Nobel in Economics awarded to Fama, Hansen, and Shiller
Replies: 53
Views: 5517

Re: 2013 Nobel in Economics awarded to Fama, Hansen, and Shi

BobK, Thank you for these links. They provide a nice starting point to further reading. And you are right about Hansen's work. Over at Marginal Revolution there are concise and fairly understandable explanations of the work that netted the prize to Fama, Hansen, and Shiller. Fama - http://marginalre...
by rr2
Sat Oct 05, 2013 5:55 pm
Forum: Investing - Help with Personal Investments
Topic: Rolling over TIAA-CREF Pension Plan Funds (Hawaii)
Replies: 6
Views: 585

Re: Rolling over TIAA-CREF Pension Plan Funds (Hawaii)

Can I "rollover" an employer-funded-only 403 TSA pension plan now in my TIAA-CREF account into a "tax qualified" Vanguard Index Fund without any adverse tax consequences? The benefit of having this money now in the pension plan is that any withdrawals are not subject to Hawaii S...
by rr2
Wed Oct 02, 2013 7:44 pm
Forum: Personal Finance (Not Investing)
Topic: Pay down principal before vs after refinancing?
Replies: 6
Views: 1396

Re: Pay down principal before vs after refinancing?

Also when doing a no cost refi, the lender credit (rebate) is a function of the loan amount. Then it would make sense to pay after refi.
by rr2
Sun Sep 15, 2013 4:50 pm
Forum: Personal Finance (Not Investing)
Topic: I spend 6.1% of my Gross income on rent
Replies: 62
Views: 6691

Re: I spend 6.1% of my Gross income on rent

I read the title and the OP once again. It is about rent and not mortgage. For those who own their house, the housing cost is the equivalent rent that you would pay for that house.
by rr2
Sun Sep 15, 2013 3:07 pm
Forum: Personal Finance (Not Investing)
Topic: I spend 6.1% of my Gross income on rent
Replies: 62
Views: 6691

Re: I spend 6.1% of my Gross income on rent

stan1 wrote:I'd be impressed if you made $50K/year, much less so if you make $250K/year (or more).

Agree with the above. I would think that at lower incomes housing would tend to be a larger fraction than at higher incomes.
by rr2
Fri Sep 06, 2013 6:45 am
Forum: Personal Finance (Not Investing)
Topic: Good Real Estate move?
Replies: 47
Views: 4059

Re: Good Real Estate move?

She can't assign partial ownership of the condo to someone else by contract. Ummm, can you explain why not? Let's say I buy a house (everything in my name, etc.) and before closing I meet a lady I'd like to have move in and she wants to contribute to the house in ways having nothing to do with the ...
by rr2
Thu Sep 05, 2013 1:29 am
Forum: Personal Finance (Not Investing)
Topic: Good Real Estate move?
Replies: 47
Views: 4059

Re: Good Real Estate move?

I should add.....Dad says this is a great deal, since daughter can't afford the down payment on her own, and she would have to pay equivalent rent anyway on a place to live, so this gives her some ownership, builds a credit rating, and since the alternative is just renting without any equity....you...

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