Search found 22 matches

by sapphire96
Sun Aug 20, 2017 8:38 pm
Forum: Investing - Help with Personal Investments
Topic: Where to park emergency fund to beat inflation?
Replies: 25
Views: 3228

Re: Where to park emergency fund to beat inflation?

Depending on what summer job you get, you might need the money to buy a (used) car so you can get to/from work (unless your parents will provide transportation or you'll be living in a non-car-dependent city). ] +1 While I have no regrets investing into a Roth IRA at a young age, I wished I conside...
by sapphire96
Mon Aug 07, 2017 6:29 pm
Forum: Personal Finance (Not Investing)
Topic: Please help, Public school(Move) or Private school(Stay-put) ?
Replies: 16
Views: 1643

Re: Please help, Public school(Move) or Private school(Stay-put) ?

Hi, Please help me make a choice. Thanks to Blessings&Guidance of Parents,Bogleheads, I can afford any of the below option. I work in NYC, Wife is SAHM., 1 Kid 2 years old. option 1: Move to a better neighborhood(Brooklyn) with good commute(40 minutes one way) and diversity, where schools are good(...
by sapphire96
Mon Jul 03, 2017 6:44 pm
Forum: Investing - Help with Personal Investments
Topic: Help a 21 y/o Vanguard Investor with a Taxable Account
Replies: 55
Views: 3552

Re: Help a 21 y/o Vangaurd Investor with a Taxable Account

I have to agree with the other Bogleheads here that you are well on your way to a sound financial future. Big kudos to you -- seriously.

Question though, does your employer offer a Roth 401k? If they do, I would contribute to that instead of the traditional 401k, especially at your young age.
by sapphire96
Sat Jul 01, 2017 2:29 pm
Forum: Investing - Theory, News & General
Topic: When Did You Start Investing Your Own Money?
Replies: 47
Views: 3391

When Did You Start Investing Your Own Money?

I started putting money away at age 16 -- $2800 invested between 2013 and 2014 is now worth $3700+ today. :D
by sapphire96
Sat Jul 01, 2017 2:15 pm
Forum: Investing - Theory, News & General
Topic: Why Diversify? Why Not 100% Global Stocks
Replies: 31
Views: 3257

Re: Why Diversify? Why Not 100% Global Stocks

---Stuff happens, like job losses, disability, financial panics, wars, climate disasters, car wrecks, home fires, family illness etc. where cash or bonds are needed for emergency funds. Selling stocks at a bottom is neither fun or smart. jbranx This. Depending on what you do for a living and how se...
by sapphire96
Thu Jun 29, 2017 8:08 pm
Forum: Investing - Help with Personal Investments
Topic: Should I Sell Energy Index (VDE) and take loss?
Replies: 43
Views: 3368

Re: Should I Sell Energy Index (VDE) and take loss?

If the fund goes down 5%, it's at a 5% discount.
by sapphire96
Thu Jun 29, 2017 8:06 pm
Forum: Investing - Theory, News & General
Topic: Zacks says sell Wellesley!?
Replies: 92
Views: 12305

Re: Zacks says sell Wellesley!?

I love Wellesley. It is made up of mostly corp bonds and "income producing"equities.(See post before mine about the constant belittling of dividend paying stocks.) It has almost no international and is a managed fund. All of these qualities are often said to be against the grain here,yet it is prob...
by sapphire96
Sat Jun 24, 2017 7:12 pm
Forum: Personal Finance (Not Investing)
Topic: Hello and how are we doing?
Replies: 6
Views: 1516

Re: Hello and how are we doing?

I think you are doing well. My only suggestion would be to use some of the cash to pay off some of the mortgage if the rate merits such an action. Even if you are a year or two out from buying a new house you will probably come out ahead. In addition I would use some of the cash to more fully fund ...
by sapphire96
Sat Jun 24, 2017 6:55 pm
Forum: Investing - Theory, News & General
Topic: Your Favorite Vanguard Fund
Replies: 56
Views: 7162

Your Favorite Vanguard Fund

If you had to pick a favorite Vanguard fund to invest in, what would it be?

I can tell you mine would be Vanguard's Wellesley Fund -- very steady and reliable returns.
by sapphire96
Sat Jun 24, 2017 6:38 pm
Forum: Investing - Help with Personal Investments
Topic: Advice for relative with mostly cash and 7-10 years to retirement?
Replies: 25
Views: 2193

Re: Advice for relative with mostly cash and 7-10 years to retirement?

I have a relative who has about $400k, about 75% of which is cash. I've managed to successfully convince them that they need more stocks and bonds, and, roughly following the allocation of the relevant Vanguard target retirement funds, naively suggested something like $175K stocks, $175K bonds, and...
by sapphire96
Tue Jun 20, 2017 7:32 am
Forum: Investing - Help with Personal Investments
Topic: 19 y/o Windfall Questions
Replies: 25
Views: 3277

Re: 19 y/o Windfall Questions

Especially, considering in those two thread's the OP started, the OP is 25 years old AND has a 19 year old daughter. Daughter is most likely a stepchild for OP as OP has a 39 year old partner. Thank you. It is an unmarried step child, but didn't feel the need to go into full detail with this post. ...
by sapphire96
Tue Jun 20, 2017 7:21 am
Forum: Personal Consumer Issues
Topic: Charleston and Savannah
Replies: 6
Views: 1081

Re: Charleston and Savannah

lucky3 wrote:Wife and I are planning a pleasure trip from NYC to Charleston SC and Savannah GA in October. Any things you would place on a "don't miss" list?

Lucky3
Try to go on August 21 to see the solar eclipse: https://www.greatamericaneclipse.com/south-carolina/
by sapphire96
Tue Jun 20, 2017 7:20 am
Forum: Investing - Help with Personal Investments
Topic: Collecting Dividends, Waiting for Market Drop?
Replies: 25
Views: 2272

Re: Collecting Dividends, Waiting for Market Drop?

The emminent crash has been coming for at least 3 years now, a lot of dividends would be sitting there doing nothing. If everyone is expecting a crash, it is not normally the time to crash. If you are near retirement and uncomfortable, adjust your Asset Allocation to where you can sleep. If you are...
by sapphire96
Tue Jun 20, 2017 7:19 am
Forum: Investing - Help with Personal Investments
Topic: Collecting Dividends, Waiting for Market Drop?
Replies: 25
Views: 2272

Re: Collecting Dividends, Waiting for Market Drop?

I surely love the records the market is regularly breaking in the last 8 months or so. However, instead of continuing to reinvest dividends, I'm now thinking of sending my dividends to my Vanguard settlement fund and waiting until the predicted imminent crash occurs to then buy low. What do you thi...
by sapphire96
Sat Jun 17, 2017 3:14 pm
Forum: Investing - Help with Personal Investments
Topic: Options for Saving for a First-Home Down Payment
Replies: 25
Views: 2066

Re: Options for Saving for a First-Home Down Payment

It is a little bit different but some people use a Roth as their emergency fund if you would not be fully funding a Roth. https://www.bogleheads.org/wiki/Roth_IRA_as_an_emergency_fund If you are in your early 20's I would be cautious about buying a home until you are more settled in your life and c...
by sapphire96
Sat Jun 17, 2017 3:05 pm
Forum: Investing - Help with Personal Investments
Topic: Options for Saving for a First-Home Down Payment
Replies: 25
Views: 2066

Re: Options for Saving for a First-Home Down Payment

Hawaiishrimp wrote:I will fund & max the ROTH first. Then, the rest will go to any high yield CD. If a good house come by, I can always it out from the CD.
I am contributing to a Roth for the purposes of retirement... I am planning on maxing it out.
by sapphire96
Sat Jun 17, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Options for Saving for a First-Home Down Payment
Replies: 25
Views: 2066

Re: Options for Saving for a First-Home Down Payment

If you are considering short term bonds, you'll need to have an idea of what your tax bracket will be during the period of savings. In a higher bracket (28% or higher and maybe 25% as well) you should prefer a tax-exempt bond. I'd vote for a combo of high interest savings, CDs, and short term bonds...
by sapphire96
Sat Jun 17, 2017 1:46 pm
Forum: Investing - Help with Personal Investments
Topic: Options for Saving for a First-Home Down Payment
Replies: 25
Views: 2066

Re: Options for Saving for a First-Home Down Payment

Welcome to the forum. I am glad you are here. I always like to see a person get a handle on their life and their finances. If you do the math on any of those investment scenarios, you'll find it doesn't matter much. So pick the one you like. Feel free to ignore this next bit because you didn't ask,...
by sapphire96
Sat Jun 17, 2017 1:25 pm
Forum: Investing - Help with Personal Investments
Topic: Options for Saving for a First-Home Down Payment
Replies: 25
Views: 2066

Re: Options for Saving for a First-Home Down Payment

itstoomuch wrote:so, what is your career?
Double major in finance and accounting... I am working in the financial services industry.
by sapphire96
Sat Jun 17, 2017 1:22 pm
Forum: Investing - Help with Personal Investments
Topic: Options for Saving for a First-Home Down Payment
Replies: 25
Views: 2066

Re: Options for Saving for a First-Home Down Payment

It doesn't matter. You are talking small amounts of money and figuring out the winner is requires a bunch of guesses. I would probably not do CDs or i-savings, or treasury bonds just because it is a pain to add money to them. You don't want to end up with 10+ CDs with various maturities. I would pr...
by sapphire96
Fri Jun 16, 2017 8:59 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 139
Views: 18414

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

I've spent a lot of time thinking about this and was way too slow to move to savings accounts 8 years ago so I was Johnny on the spot moving back this Spring. The bank can pay you whatever it wants. As long as it can loan money for more than it is paying its depositors, it could work out well for t...
by sapphire96
Fri Jun 16, 2017 8:43 pm
Forum: Investing - Help with Personal Investments
Topic: Options for Saving for a First-Home Down Payment
Replies: 25
Views: 2066

Options for Saving for a First-Home Down Payment

Hello Bogleheads! This is my first post in the community and I have to say I am glad I found an active finance forum. Situation: I am a rising senior in college, working a well-paying job that will transition to full-time work after graduation in Spring 2018. I have 6 months of cash in the bank for ...