Search found 176 matches

by silverskates
Tue Jun 20, 2017 4:05 pm
Forum: Personal Finance (Not Investing)
Topic: Full comprehensive or liability only?
Replies: 30
Views: 2552

Re: Full comprehensive or liability only?

We just bought a used vehicle. It's a 2008, 32k miles, the body and inside are great but there are a few minor issues. We paid $5,000. We currently use State Farm but are looking to switch to Geico. Here are the quotes we got from State Farm: Full comprehensive - $291 every 6 months Liability - $16...
by silverskates
Mon Jun 19, 2017 12:20 pm
Forum: Personal Finance (Not Investing)
Topic: Full comprehensive or liability only?
Replies: 30
Views: 2552

Full comprehensive or liability only?

We just bought a used vehicle. It's a 2008, 32k miles, the body and inside are great but there are a few minor issues. We paid $5,000. We currently use State Farm but are looking to switch to Geico. Here are the quotes we got from State Farm: Full comprehensive - $291 every 6 months Liability - $168...
by silverskates
Mon Jun 12, 2017 1:46 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse returning to work. How to keep low stress lifestyle?
Replies: 47
Views: 5292

Re: Spouse returning to work. How to keep low stress lifestyle?

He's going to have big trouble find a job at that age. That was my experience. And tons of my laid-off middle aged friends who have good education and graduate degrees in IT and other professional areas (I know some people in pharma and banking) are doing things like working in supermarkets and Sta...
by silverskates
Mon Jun 12, 2017 1:39 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse returning to work. How to keep low stress lifestyle?
Replies: 47
Views: 5292

Re: Spouse returning to work. How to keep low stress lifestyle?

Just makin sure that OP has the math right, the figures do not seem to add up. 65 (savings) + 40 ( expenses ) is already 105 and this is without any taxes. How does this equate to a low salary ? Also would request how does OP manage to raise 4 kids on just 40K per year ? Is this an especially LCOL ...
by silverskates
Mon Jun 12, 2017 1:17 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse returning to work. How to keep low stress lifestyle?
Replies: 47
Views: 5292

Re: Spouse returning to work. How to keep low stress lifestyle?

While your family is in good financial shape, what would happen if you -- as the sole breadwinner -- got run over by a bus tomorrow or developed a medical condition that prevented you from working? As your husband considers his next steps, you should be taking low probability but highly disruptive ...
by silverskates
Sun Jun 11, 2017 1:50 pm
Forum: Investing - Help with Personal Investments
Topic: Opening 529's for my kids. Am I missing anything?
Replies: 13
Views: 2374

Re: Opening 529's for my kids. Am I missing anything?

I am curious how you will decide the allocations for the different children. If you give them all the same amount now, they could end up with very different amounts at college age. I have no idea how we'll decide the allocations. I am assuming had we started an account for each when they were babie...
by silverskates
Sat Jun 10, 2017 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: Opening 529's for my kids. Am I missing anything?
Replies: 13
Views: 2374

Opening 529's for my kids. Am I missing anything?

We are going to open 529 plans for our 4 kids and are trying to decide between Utah and VG's 529 Nevada plan. I know they're both great and I'm leaning toward VG's 529 because we already have all our investments with Vanguard. Here are my questions...thanks in advance for all help: 1. We should open...
by silverskates
Tue Jun 06, 2017 7:43 pm
Forum: Investing - Help with Personal Investments
Topic: Financially independent and then market crashes?
Replies: 54
Views: 6504

Re: Financially independent and then market crashes?

Thanks everyone for all the feedback. This answers my questions...and all the examples help!
by silverskates
Tue Jun 06, 2017 1:42 pm
Forum: Investing - Help with Personal Investments
Topic: Financially independent and then market crashes?
Replies: 54
Views: 6504

Financially independent and then market crashes?

I'm just curious about this topic when I see people retiring in their 30's and 40's without a pension and they aren't old enough to take social security. So, if someone has reached financial independence and has 25x's plus their annual spending needs but then the market crashes and wipes out 25%+ of...
by silverskates
Mon Jun 05, 2017 3:23 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse returning to work. How to keep low stress lifestyle?
Replies: 47
Views: 5292

Re: Spouse returning to work. How to keep low stress lifestyle?

I have a great job and enjoy what I do (low 6 figure salary, 7 week’s vacation, 5 minute commute, no stress, total flexibility, can work from home and great co-workers) and we’d like to keep things simple like they are now but still have him work in some capacity. Any thoughts or ideas? Where do I ...
by silverskates
Mon Jun 05, 2017 3:03 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse returning to work. How to keep low stress lifestyle?
Replies: 47
Views: 5292

Re: Spouse returning to work. How to keep low stress lifestyle?

OP ... You said he wants to work, and so I wish you/him well with that search. Having raised three kids with one working outside the home and the other SAH, I can tell you that there is plenty of parenting that still goes on once the kids get into school, and all the way through high school. Sure, ...
by silverskates
Mon Jun 05, 2017 2:59 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse returning to work. How to keep low stress lifestyle?
Replies: 47
Views: 5292

Re: Spouse returning to work. How to keep low stress lifestyle?

I would certainly not recommend that he go get another degree just for the sake of getting an entry level professional (aka stressful) job that he may or may not like and doesn't really objectively need. Great point. We've talked about this. If he can find something without the extra schooling we'r...
by silverskates
Mon Jun 05, 2017 2:57 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse returning to work. How to keep low stress lifestyle?
Replies: 47
Views: 5292

Re: Spouse returning to work. How to keep low stress lifestyle?

I have a great job and enjoy what I do (low 6 figure salary, 7 week’s vacation, 5 minute commute, no stress, total flexibility, can work from home and great co-workers) and we’d like to keep things simple like they are now but still have him work in some capacity. Any thoughts or ideas? Where do I ...
by silverskates
Mon Jun 05, 2017 2:55 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse returning to work. How to keep low stress lifestyle?
Replies: 47
Views: 5292

Re: Spouse returning to work. How to keep low stress lifestyle?

Dealing with the inevitable complaining parents and misbehaving students seems pretty stressful to me, whether you are an administrator, a teacher, an aide, or a bus-driver. Great points about positions potentially being more stressful because of all the work needed to be done outside of school hou...
by silverskates
Mon Jun 05, 2017 2:52 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse returning to work. How to keep low stress lifestyle?
Replies: 47
Views: 5292

Re: Spouse returning to work. How to keep low stress lifestyle?

He could check the job openings on the website for your school district and neighboring districts to see the kinds of openings school districts have. Beside teaching/counseling jobs, there are special ed assistants (for disabled students), bus drivers, lunch workers, IT department, maintenance pers...
by silverskates
Mon Jun 05, 2017 2:51 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse returning to work. How to keep low stress lifestyle?
Replies: 47
Views: 5292

Re: Spouse returning to work. How to keep low stress lifestyle?

What would the extra salary be used for? We're total savers and would save almost all of it. We keep reminding ourselves that we don't both need to be in high paying jobs because we haven't created that kind of lifestyle for ourselves. We live very frugally while still enjoying 2-3 vacations per ye...
by silverskates
Mon Jun 05, 2017 1:13 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse returning to work. How to keep low stress lifestyle?
Replies: 47
Views: 5292

Re: Spouse returning to work. How to keep low stress lifestyle?

It doesn't look like the "financial" need to go back to work is all that great. Seems like you could easily continue on with your current lifestyle on a single income, all else equal. Does he want to re-enter the workforce or does he think he "needs" to re-enter the workforce? Pretty sure you could...
by silverskates
Mon Jun 05, 2017 12:54 pm
Forum: Personal Finance (Not Investing)
Topic: Spouse returning to work. How to keep low stress lifestyle?
Replies: 47
Views: 5292

Spouse returning to work. How to keep low stress lifestyle?

My husband is currently a stay-at-home dad and is planning on returning to work in 2-3 years when our youngest starts kindergarten. He is starting to look into fields that interest him while keeping in mind that we don’t want to add a bunch of stress, a long commute, etc. to our family life. He alre...
by silverskates
Tue Apr 04, 2017 8:14 pm
Forum: Personal Finance (Not Investing)
Topic: Conflict of Interest at work - could I get fired?
Replies: 21
Views: 3746

Re: Conflict of Interest at work - could I get fired?

Thank you everyone for responding. Just to be clear, my relative is in the exploratory phase with the competing company. No job has been secured yet. I'm just doing my research to find out if it would become a problem because I really enjoy my job and don't want to jeopardize it in any way. I agree ...
by silverskates
Tue Apr 04, 2017 9:29 am
Forum: Personal Finance (Not Investing)
Topic: Conflict of Interest at work - could I get fired?
Replies: 21
Views: 3746

Conflict of Interest at work - could I get fired?

A relative of mine is considering taking a position at a company that is a competitor of the company I work for. I fill out a Conflict of Interest form annually and this is one of the questions. Does anyone have any experience with this? If my relative takes the job at the competitor could this caus...
by silverskates
Mon Apr 03, 2017 12:06 pm
Forum: Investing - Help with Personal Investments
Topic: "VXX - insurance against a market crash?"
Replies: 16
Views: 1688

Re: "VXX - insurance against a market crash?"

With regard to your dad, it's a really tough one . He's proposing to make you a gift that will cost 250 x $16 = $4,000 of something you don't want. But it's clear that he specifically wants you to have it whether you want it or not and whether he can afford it or not. He knows you don't believe in ...
by silverskates
Sun Apr 02, 2017 10:48 pm
Forum: Investing - Help with Personal Investments
Topic: "VXX - insurance against a market crash?"
Replies: 16
Views: 1688

"VXX - insurance against a market crash?"

My dad shared with me today that he is going to purchase 250 shares of VXX (iPath S&P 500 VIX ST Futures ETN) for me to hedge against this big market crash that is about to happen!?!? He watches a lot of CNBC, Fox News, etc. and falls for all this stuff. He said according to these news shows, al...
by silverskates
Sat Apr 01, 2017 9:40 pm
Forum: Investing - Help with Personal Investments
Topic: Is anyone decreasing % of bonds this year?
Replies: 91
Views: 8171

Re: Is anyone decreasing % of bonds this year?

Thank you everyone for your responses! You all make great points and I appreciate the time you take in responding with well thought out answers.
We'll be staying the course and leaving things alone.
by silverskates
Sat Apr 01, 2017 7:32 pm
Forum: Investing - Help with Personal Investments
Topic: Finally opening a taxable account on Monday...
Replies: 11
Views: 894

Re: Finally opening a taxable account on Monday...

We're finally opening a taxable account and plan to do it on Monday. Below are my questions since this is my first taxable account. 1. Do I open a brokerage account in a taxable account? Is there another kind of taxable account? You could have a mutual fund account or a brokerage account although t...
by silverskates
Sat Apr 01, 2017 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Finally opening a taxable account on Monday...
Replies: 11
Views: 894

Re: Finally opening a taxable account on Monday...

We're finally opening a taxable account and plan to do it on Monday. Below are my questions since this is my first taxable account. 1. Do I open a brokerage account in a taxable account? Is there another kind of taxable account? 2. I plan to add to it monthly around 1k-2k. Or should I save up and a...
by silverskates
Sat Apr 01, 2017 6:37 pm
Forum: Investing - Help with Personal Investments
Topic: Finally opening a taxable account on Monday...
Replies: 11
Views: 894

Re: Finally opening a taxable account on Monday...

Keep good records of your transactions forever. Thanks livesoft. Do you mean to keep records in addition to the transaction history I will be able to see on Vanguard? Yes. Keep copies away from Vanguard in your own files. ok - Will do. Just so I know the reason behind this...why is this a good idea...
by silverskates
Sat Apr 01, 2017 6:35 pm
Forum: Investing - Help with Personal Investments
Topic: Finally opening a taxable account on Monday...
Replies: 11
Views: 894

Re: Finally opening a taxable account on Monday...

livesoft wrote:Keep good records of your transactions forever.


Thanks livesoft. Do you mean to keep records in addition to the transaction history I will be able to see on Vanguard?
by silverskates
Sat Apr 01, 2017 5:57 pm
Forum: Investing - Help with Personal Investments
Topic: Finally opening a taxable account on Monday...
Replies: 11
Views: 894

Finally opening a taxable account on Monday...

We're finally opening a taxable account and plan to do it on Monday. Below are my questions since this is my first taxable account. 1. Do I open a brokerage account in a taxable account? Is there another kind of taxable account? 2. I plan to add to it monthly around 1k-2k. Or should I save up and ad...
by silverskates
Sat Apr 01, 2017 5:52 pm
Forum: Investing - Help with Personal Investments
Topic: Is anyone decreasing % of bonds this year?
Replies: 91
Views: 8171

Is anyone decreasing % of bonds this year?

I apologize if this has been discussed already but I'm curious if anyone is changing their bond allocation because of the increase in interest rates. I was channel flipping the other night and came across Suze Orman saying "no" to bonds. She's all for 100% stocks. I was also talking to a t...
by silverskates
Sat Jan 28, 2017 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Is Optum Bank calculating my YTD return incorrectly?
Replies: 11
Views: 953

Re: Is Optum Bank calculating my YTD return incorrectly?

Just like LittleCheese, I had my HSA money in there since last summer so in my mind I have been all in for 2017 starting on 1/1/17. So, did we totally miss out on the 0.82% return from 1/3/17 or would this have been calculated as part of 2016. The way they are calculating this looks totally wrong to...
by silverskates
Fri Jan 27, 2017 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: Is Optum Bank calculating my YTD return incorrectly?
Replies: 11
Views: 953

Re: Is Optum Bank calculating my YTD return incorrectly?

I added a little over $1200 on 1/11/17. I'm obviously confused on this one because I don't understand why the return wouldn't be closer to the TSM index. YTD is year to date and the dates match exactly between Optum, Morningstar and Vanguard. Can someone help explain why I'm seeing a 0.82% differenc...
by silverskates
Fri Jan 27, 2017 4:32 pm
Forum: Investing - Help with Personal Investments
Topic: Is Optum Bank calculating my YTD return incorrectly?
Replies: 11
Views: 953

Is Optum Bank calculating my YTD return incorrectly?

In my HSA, I have 100% in Total Stock Market Index Fund and the YTD return shows 1.89%. Then when I go to the Vanguard site and look up the Total Stock Market Index Fund, it shows a YTD return of 2.71%. So, I called Optum Bank and was told that they cannot answer questions on the fund returns. I was...
by silverskates
Wed Jan 25, 2017 4:44 pm
Forum: Local Chapters and Bogleheads Community
Topic: HAPPY 93RD BIRTHDAY, TAYLOR!
Replies: 199
Views: 10727

Re: HAPPY 93RD BIRTHDAY, TAYLOR!

Happy Birthday Taylor! I want to say thank you for all you do on this site and for your wisdom. I have learned so much from you!
by silverskates
Wed Jan 04, 2017 3:03 pm
Forum: Investing - Help with Personal Investments
Topic: Opening first taxable account. Any issues with my plan?
Replies: 13
Views: 870

Re: Opening first taxable account. Any issues with my plan?

You'll want the portion of your taxable account devoted to retirement savings to work with the asset allocation you've chosen for your existing retirement accounts. In other words, if you've chose a 60/40 allocation for retirement savings, make sure your new investments aren't inconsistent with it....
by silverskates
Wed Jan 04, 2017 3:01 pm
Forum: Investing - Help with Personal Investments
Topic: Opening first taxable account. Any issues with my plan?
Replies: 13
Views: 870

Re: Opening first taxable account. Any issues with my plan?

Questions: Do people use their taxable accounts for purchases (not needed in 5 years)? Or, do you mostly save in this for retirement? We certainly use our taxable account for purchases even if next month. It does not bother us if VTSAX VTI is up down or sideways when we sell it because 1. If it is ...
by silverskates
Wed Jan 04, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Opening first taxable account. Any issues with my plan?
Replies: 13
Views: 870

Re: Opening first taxable account. Any issues with my plan?

The main issue I perceive is that you don't seem to know what this money is FOR. Is is for retirement, college expenses, an emergency, a new car in 5 years, or something else? The money in this taxable account would be used for college expenses and retirement. I updated my original post with this i...
by silverskates
Wed Jan 04, 2017 1:41 pm
Forum: Investing - Help with Personal Investments
Topic: Opening first taxable account. Any issues with my plan?
Replies: 13
Views: 870

Opening first taxable account. Any issues with my plan?

We're getting to the point where we have too much cash ($60,000) and we want to open a taxable account at Vanguard. The reason we did not do this sooner was because we previously worked with an advisor and he had a taxable account set up for us with actively managed funds. We had it open for 6 month...
by silverskates
Thu Dec 08, 2016 11:48 am
Forum: Investing - Help with Personal Investments
Topic: Any reason not to sprinkle in some small cap index?
Replies: 14
Views: 1786

Re: Any reason not to sprinkle in some small cap index?

Paul Merriman writes often about small value in Marketwatch articles. He does tons of anaysis and if you read enough of him, you might think his way is a sure thing to beat the market. He uses low cost index funds and to some degree follows Boglehead principals. But in a recent comparison of lazy p...
by silverskates
Thu Dec 08, 2016 11:42 am
Forum: Investing - Help with Personal Investments
Topic: Any reason not to sprinkle in some small cap index?
Replies: 14
Views: 1786

Re: Any reason not to sprinkle in some small cap index?

Thank you all for your responses. After a very bad experience with an advisor we moved our portfolio to the 3-fund in May/June of this year. It's so simple and I love that but that doesn't mean I don't read the other posts about Reits, Small caps, etc. and wonder why I don't have any of this or tha...
by silverskates
Thu Dec 08, 2016 10:35 am
Forum: Investing - Help with Personal Investments
Topic: Any reason not to sprinkle in some small cap index?
Replies: 14
Views: 1786

Re: Any reason not to sprinkle in some small cap index?

Thank you all for your responses. After a very bad experience with an advisor we moved our portfolio to the 3-fund in May/June of this year. It's so simple and I love that but that doesn't mean I don't read the other posts about Reits, Small caps, etc. and wonder why I don't have any of this or that...
by silverskates
Wed Dec 07, 2016 12:17 am
Forum: Investing - Help with Personal Investments
Topic: Any reason not to sprinkle in some small cap index?
Replies: 14
Views: 1786

Any reason not to sprinkle in some small cap index?

Thanks in advance for answering my questions below... 1. My 401k offers the VG Small Cap Index Fund (VSCIX) (ER = .07%). Any reason I shouldn't add some of this? 2. If it's a good idea, what portion of my US equity should I include? 3. Is it okay for this fund to be in a tax-deferred or roth 401k ac...
by silverskates
Mon Nov 28, 2016 7:30 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaires living in lower end neighborhood by choice? Do we move?
Replies: 17
Views: 3966

Re: Millionaires living in lower end neighborhood by choice? Do we move?

Another point in favor of moving, which you may have already run into, is the lack of families with young kids in your neighborhood. With four kids, you might end up feeling like a chauffeur service if your kids constantly need to be driven elsewhere in order to have playmates. There are kids in ou...
by silverskates
Mon Nov 28, 2016 7:29 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaires living in lower end neighborhood by choice? Do we move?
Replies: 17
Views: 3966

Re: Millionaires living in lower end neighborhood by choice? Do we move?

We too are the millionaire next door with paid off house . We went the remodel route as we liked the school district , location , and excellent floor plan . Not sure you're missing out on anything except a mortgage and maybe a turbocharged savings program ? We also maxed out the storage space in th...
by silverskates
Mon Nov 28, 2016 2:31 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaires living in lower end neighborhood by choice? Do we move?
Replies: 17
Views: 3966

Re: Buy new or used will do (plus an addition)?

Is your current neighborhood going up in value at the same pace? The amount of rentals and lack of young families moving in doesn't sound like a good sign. Also, personally I would not overimprove a home for a neighborhood. Thanks Leemiller. Our current neighborhood is going up in value but not at ...
by silverskates
Mon Nov 28, 2016 2:20 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaires living in lower end neighborhood by choice? Do we move?
Replies: 17
Views: 3966

Re: Buy new or used will do (plus an addition)?

Why do you need acreage? If it is for the kids to play are there no parks nearby? You already have 1/2 acre -- not a small lot -- a bit over 100' x 200'. Should be plenty of room for most uses, shy of a bmx track, large truck farm, goats, or the like. Thanks jucor. We don't really need acreage but ...
by silverskates
Mon Nov 28, 2016 2:17 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaires living in lower end neighborhood by choice? Do we move?
Replies: 17
Views: 3966

Re: Buy new or used will do (plus an addition)?

How old are your kids? If the remodeling or building takes the better part of a year then they may not be at home for long after it is done. Having a kid change schools once they are in high school can be hard on kids too so I would be cautious about doing that. By the time you are down to one or t...
by silverskates
Sun Nov 27, 2016 11:06 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaires living in lower end neighborhood by choice? Do we move?
Replies: 17
Views: 3966

Re: Buy new or used will do (plus an addition)?

Sounds like you already made your decision I would add on if you want the extra room for your large family. As you already know, more is not always better and sometimes, more can be less in the ways that matter. Thanks Artisan! Ya, I think you're right and "more is not always better..." i...
by silverskates
Sun Nov 27, 2016 10:36 pm
Forum: Investing - Help with Personal Investments
Topic: Millionaires living in lower end neighborhood by choice? Do we move?
Replies: 17
Views: 3966

Millionaires living in lower end neighborhood by choice? Do we move?

I changed the title of my post after thinking through the real reason I posted in the first place. Edit to my post below: We are "the millionaires next door" but live in a non-professional lower end neighborhood by choice (we could have moved a long time ago but a busy life got in the way)...
by silverskates
Sat Nov 26, 2016 11:18 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in the 80's when CD rates were 17%?
Replies: 74
Views: 8743

Re: Investing in the 80's when CD rates were 17%?

I want to thank you all for your many responses. I didn't realize my question would spark such interest and memories of the past! The other thing I forgot to mention in my original post was that my relative said that during this time, another guy he knew put $180k into a 30 year CD making 18%. When...
by silverskates
Sat Nov 26, 2016 10:51 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in the 80's when CD rates were 17%?
Replies: 74
Views: 8743

Re: Investing in the 80's when CD rates were 17%?

I want to thank you all for your many responses. I didn't realize my question would spark such interest and memories of the past! The other thing I forgot to mention in my original post was that my relative said that during this time, another guy he knew put $180k into a 30 year CD making 18%. When ...