Search found 149 matches

by RoC
Thu Jan 19, 2017 12:12 pm
Forum: Personal Investments
Topic: best vanguard ROTH IRA funds to invest in mid 20s
Replies: 17
Views: 12688

Re: best vanguard ROTH IRA funds to invest in mid 20s

Just to make sure you know, if you think you'll be able to put in more than the max for 2017, you can still max out 2016 until mid April. So any extra funds you have between now and April you can contribute towards 2016, then max out 2017 over the rest of the year
by RoC
Sun Jan 08, 2017 4:36 pm
Forum: Personal Consumer Issues
Topic: Virtual Machines for Finances, etc.
Replies: 22
Views: 2186

Re: Virtual Machines for Finances, etc.

Always use the 64-bit version of software if it's available. Code had to be re-written for the 64-bit version. That means the code is newer, was reviewed more recently, and developed using newer (more secure) writing standards and practices. 32-bit software might still be using some of the same code...
by RoC
Thu Dec 29, 2016 5:22 pm
Forum: Personal Investments
Topic: TSP F Fund or Vanguard Funds?
Replies: 38
Views: 3719

Re: TSP F Fund or Vanguard Funds?

One item I'd like to add to this discussion is to not forget about taxes. It's more tax efficient for you to have your bonds in a retirement account, than in a taxable investment account. Tax efficiency and lower ER might make the TSP F fund more attractive than the Vanguard funds you're considering...
by RoC
Fri Jun 10, 2016 7:40 pm
Forum: Personal Investments
Topic: Tax Free Money [what to do?]
Replies: 12
Views: 1761

Re: Tax Free Money [what to do?]

I'm not familiar with the foreign tax credit beyond the very basics. But if you're paying no tax, or very little tax right now, then anything "Roth" is your friend right now. Does your employer allow you to make Roth 401k contributions? If so then put as much into your Roth 401k as you can. If you h...
by RoC
Sun Jun 05, 2016 2:00 pm
Forum: Investing - Theory, News & General
Topic: Good book on estate planning and setting up trust
Replies: 4
Views: 1565

Re: Good book on estate planning and setting up trust

Check your local library. My library had a bunch of books, and I ended up reading the Nolo books to better understand how my parents can set themselves up. I recommend the Nolo books, they were well written and easy to understand.
by RoC
Sun May 29, 2016 12:10 am
Forum: Personal Consumer Issues
Topic: When to get first car service done
Replies: 70
Views: 12702

Re: When to get first car service done

This is a thoroughly debated topic. There is no evidence to show that doing the first oil change early on a modern vehicle helps it to last longer. So you don't have to do it until what the owner's manual says. That being said, some people prefer to change it out early. There usually is no harm in t...
by RoC
Sun May 22, 2016 11:04 am
Forum: Personal Investments
Topic: Spouse paycheck
Replies: 8
Views: 1151

Re: Spouse paycheck

Does your wife have access to a 401k? Does her work offer any 401k matching? That would be the first place I would look to invest her income.
by RoC
Tue May 17, 2016 10:12 pm
Forum: Personal Investments
Topic: Reallocation? - 401K & Roth IRA
Replies: 4
Views: 734

Re: Reallocation? - 401K & Roth IRA

You could leave it as it is if you wanted. But personally, I think you could use more international equities and more bonds. If these were my accounts, I would take about $10k out of the BlackRock fund and put it into the bond fund to get the bonds up to around 20% of the total value across both acc...
by RoC
Fri May 13, 2016 6:44 pm
Forum: Personal Consumer Issues
Topic: Best "Life Alert" type device for 98 year old grandparents
Replies: 16
Views: 2344

Re: Best "Life Alert" type device for 98 year old grandparents

Do they have a home alarm system? Many alarm companies offer alert necklaces as an add on option.
by RoC
Sun May 08, 2016 7:43 pm
Forum: US Chapters
Topic: HAPPY BIRTHDAY, MR. BOGLE! May 8, 2016
Replies: 52
Views: 7024

Re: HAPPY BIRTHDAY, MR. BOGLE! May 8, 2016

Happy Birthday
by RoC
Sat Apr 23, 2016 9:32 pm
Forum: Personal Finance (Not Investing)
Topic: How to locate lost pension (or determine if eligible)
Replies: 8
Views: 1329

Re: How to locate lost pension (or determine if eligible)

Dormant/unclaimed accounts can also be turned over to the state. I forget what the term is, but he can contact the state he was living in to see if he's had any property turned in for him. This is also a little bit easier if he's still living in the same state.
by RoC
Wed Apr 20, 2016 11:08 pm
Forum: Personal Investments
Topic: Investment Plan for Young Adult out of High School
Replies: 30
Views: 3054

Re: Investment Plan for Young Adult out of High School

I think 2/3rds is reasonable for him to save. Compare it to the 50/30/20 plan which says to have 50% of your money go to needs, 30% towards wants, and 20% goes to savings. Since his needs are covered he should be putting 50% + 20% into savings, leaving 30% for wants. 2/3rds is close enough to that f...
by RoC
Wed Apr 13, 2016 10:27 pm
Forum: Personal Consumer Issues
Topic: Preventative car maintenance?
Replies: 38
Views: 5358

Re: Preventative car maintenance?

I would like help maintaining a 2006 RAV4 with 150k miles. There is conflicting information online that also doesn't agree with the scheduled maintenance guide (which ends at 120K miles). Specifically brake fluids, which many sources say never needs replacing ir flushing but only inspecting, but ot...
by RoC
Wed Apr 13, 2016 10:10 pm
Forum: Personal Consumer Issues
Topic: Preventative car maintenance?
Replies: 38
Views: 5358

Re: Preventative car maintenance?

My next car is going to be one that is cheaper to repair/maintain, i.e. most likely a Japanese car. There are lot more inexpensive independent mechanics for Japanese cars than German cars. I would really like to buy a Subaru Outback, but it seems that mostly needs dealer TLC due to its complexity. ...
by RoC
Thu Apr 07, 2016 10:23 pm
Forum: Personal Consumer Issues
Topic: attic blow cellulose vs blow fiberglass
Replies: 11
Views: 2052

Re: attic blow cellulose vs blow fiberglass

I don't want to take this off topic, but I do want to ask how easy or difficult is it to do this yourself?
by RoC
Thu Apr 07, 2016 1:51 pm
Forum: Personal Consumer Issues
Topic: I'm Addicted [to investing and personal finance]
Replies: 64
Views: 12144

Re: I'm Addicted

Everyone at some point allows themselves to be distracted when they should be working on something else. It's a common form of procrastination. Check out a book called The War of Art. It's a quick read and is ultimately about acknowledging the force trying to distract you, and then just doing what i...
by RoC
Fri Apr 01, 2016 10:50 pm
Forum: Personal Investments
Topic: Best Way To Spread My Weekly Investment Amount
Replies: 11
Views: 1151

Re: Best Way To Spread My Weekly Investment Amount

Alright, I'm not sure I know how to read this. Does this mean no one knows which is the best way to make my purchase each week? A little on each or all on one and then move on to the next? Actually, it's saying that Loyal3 itself is not the best way for you to start investing. Did you look at the l...
by RoC
Fri Apr 01, 2016 9:35 pm
Forum: Personal Investments
Topic: Best Way To Spread My Weekly Investment Amount
Replies: 11
Views: 1151

Re: Best Way To Spread My Weekly Investment Amount

People often find the forum and think this is a general investing forum. While it is to some degree, you'll notice that it says "Investing advice inspired by Jack Bogle." Jack Bogle philosophy, and therefore the philosophy of the site, focus more on broad based index funds with low fees. You can fin...
by RoC
Tue Mar 29, 2016 10:01 pm
Forum: Personal Consumer Issues
Topic: 30K for car purchase in 6 months, where to put money now?
Replies: 9
Views: 1536

Re: 30K for car purchase in 6 months, where to put money now?

Do you have a CapitalOne 360 account? Do you want one? CapitalOne is currently doing a promotion, if you open an account before the end of March and within 10 days fund it with over $5k, you'll get a $50 bonus after 90 days. The bonus goes up if you make a larger initial deposit. With $30k you'll g...
by RoC
Tue Mar 29, 2016 9:59 pm
Forum: Personal Investments
Topic: New Investor
Replies: 7
Views: 729

Re: New Investor

If it's going to be in a fully taxable account. I'd go with something like the Vanguard Total Stock Market (VTSMX) and a Tax-Exempt Bond Fund like the Vanguard Intermediate-Term Tax-Exempt Bond Fund (VWITX) in a 60/40 split. Personally, I'd forgo the international stocks and bonds until I had more t...
by RoC
Mon Mar 28, 2016 10:03 pm
Forum: Personal Investments
Topic: Need Help With Fund Selection
Replies: 2
Views: 477

Re: Need Help With Fund Selection

Assuming you don't use a tax-exempt fund, I would rather keep the bonds in your TSP or Roth IRA. It'll save you money by being more tax efficient if you keep it out of your taxable account. Check out the wiki page: https://www.bogleheads.org/wiki/Tax-eff ... _placement
by RoC
Mon Mar 28, 2016 9:22 pm
Forum: Personal Finance (Not Investing)
Topic: Investing Young + LBYM = No Corp Ladder
Replies: 92
Views: 12103

Re: Investing Young + LBYM = No Corp Ladder

Isn't this basically what The Millionaire Next Door was all about? That most millionaires look like normal everyday working people. While many of the people in the big house with fancy cars are victims of trying to maintain a lifestyle that keeps them perpetually in debt. Invest early and often, sta...
by RoC
Wed Mar 23, 2016 10:32 am
Forum: Personal Finance (Not Investing)
Topic: Capital One 360 - customer service
Replies: 1
Views: 916

Re: Capital One 360 - customer service

That's surprising, when I called them I got through very quickly and their customer service person was able to answer my questions very quickly. I went to their capitalone360.com website and got the phone number from the contact-us section under the Help menu. I do recall they had two numbers listed...
by RoC
Fri Mar 18, 2016 10:07 pm
Forum: Personal Consumer Issues
Topic: 30K for car purchase in 6 months, where to put money now?
Replies: 9
Views: 1536

Re: 30K for car purchase in 6 months, where to put money now?

Do you have a CapitalOne 360 account? Do you want one? CapitalOne is currently doing a promotion, if you open an account before the end of March and within 10 days fund it with over $5k, you'll get a $50 bonus after 90 days. The bonus goes up if you make a larger initial deposit. With $30k you'll ge...
by RoC
Sat Mar 12, 2016 3:56 pm
Forum: Personal Investments
Topic: 25 year old...what to do next?
Replies: 14
Views: 2241

Re: 25 year old...what to do next?

My aim was to be debt free by early next year, but it makes sense to save in my checking account to get a guaranteed return. I'd like to build that account up to around $20,000 to collect the interest and maybe pay off the loan once the balance hits a negligible amount of $5K or $6K. I would rather...
by RoC
Fri Mar 11, 2016 12:16 am
Forum: Personal Finance (Not Investing)
Topic: TSP Participant Account Balances
Replies: 48
Views: 14589

Re: TSP Participant Account Balances

Do you think TSP's withdrawal options skews the numbers downwards? Because of the limited withdrawal options in TSP, I've heard many people transfer their account out at retirement to give themselves more control. This could potentially skew the values downwards if large retirement accounts are bein...
by RoC
Sat Mar 05, 2016 11:25 am
Forum: Personal Investments
Topic: Switch all my 401k contributions to pre-tax?
Replies: 14
Views: 2100

Re: Switch all my 401k contributions to pre-tax?

At the bottom of the wiki in the Maxing Out Retirement Accounts section, there's a nice spreadsheet that might help you with your decision. Check it out: https://www.bogleheads.org/wiki/Traditional_versus_Roth
by RoC
Sat Mar 05, 2016 11:14 am
Forum: Personal Finance (Not Investing)
Topic: Cash back credit cards
Replies: 10
Views: 1646

Re: Cash back credit cards

Wasn't there some paperwork filed that showed what the rewards of the Costco Visa were going to be? I'm 99% sure they were the same as the Costco Amex rewards. No annual fee other than being a Costco member, 3% back on gas, 2% back on travel and restaurants, and 1% back on everything else. Just look...
by RoC
Fri Mar 04, 2016 6:34 pm
Forum: Personal Investments
Topic: Recommended reading...
Replies: 9
Views: 1269

Re: Recommended reading...

Obviously the wiki (https://www.bogleheads.org/wiki/Getting_started) and Boglehead's Guide to Investing book need to be recommended. Great information about investing according to the Boglehead's philosophy. Short term buying and selling stocks is not something that falls in line with the overall Bo...
by RoC
Thu Mar 03, 2016 5:25 am
Forum: Personal Investments
Topic: Where to put money after 401K max?
Replies: 7
Views: 1384

Re: Where to put money after 401K max?

Is this what you're asking about: https://www.bogleheads.org/wiki/Priorit ... nvestments Check out the Funding Priority section.


This might also help you depending on what you wanted to do: https://www.bogleheads.org/wiki/Princip ... _placement
by RoC
Tue Feb 23, 2016 9:35 pm
Forum: Personal Finance (Not Investing)
Topic: Finding out about a kid 17 years after the fact
Replies: 59
Views: 12336

Re: Finding out about a kid 17 years after the fact

While scams like this happen a lot so a paternity test should be done, keep in mind it's not always a scam. Something similar happened to my coworker. He was contacted by a woman claiming to be his daughter. Apparently 25+ years prior, he got his girlfriend pregnant shortly before they broke up. His...
by RoC
Tue Feb 23, 2016 7:41 am
Forum: Personal Consumer Issues
Topic: Positive experiment with Purse.io for 15-25% off Amazon.com
Replies: 68
Views: 17022

Re: Positive experiment with Purse.io for 15-25% off Amazon.com

-Who eats the discount here, and why? The person who buys your stuff on Amazon eats it. They're often an Amazon worker who was paid via Amazon Gift Card. They take a hit converting their currency from Amazon Gift Card to bitcoin. Many of the holders of the ~$15 billion in outstanding Amazon Gift Ca...
by RoC
Mon Feb 22, 2016 12:23 am
Forum: Personal Consumer Issues
Topic: Do I need an awesome smartphone?
Replies: 73
Views: 7688

Re: Do I need an awesome smartphone?

Both Samsung and LG announced their new phones earlier today (Samsung's S7 and S7 edge, and LG's G5). If you wait a short period of time, their previous models (S6, S6 Edge, and G4) will drop in price. Still excellent phones, but at a more boglehead's friendly price.
by RoC
Sun Feb 21, 2016 10:52 pm
Forum: Personal Consumer Issues
Topic: Do smart/feature phones need software firewalls?
Replies: 3
Views: 665

Re: Do smart/feature phones need software firewalls?

As I understand it, unlike a computer, a smartphone does not have open ports listening for a connection request. So you don't need a firewall to police/manage incoming connection requests. Outgoing connections are controlled by what apps you run and the permission you allow them to have.
by RoC
Sun Feb 21, 2016 1:14 pm
Forum: Personal Investments
Topic: TSP Accounts: Strategy for Isolating Tax-Exempt Contribution in a Roth IRA
Replies: 15
Views: 1422

Re: TSP Accounts: Strategy for Isolating Tax-Exempt Contribution in a Roth IRA

Out of curiosity, why do you want to take your tax exempt funds out of TSP and put them into a Roth IRA? Are you planning to invest them in a manner that you can't achieve within TSP? Or is there something else I'm not considering? The reason I'm asking is because the TSP fee is so low, many people ...
by RoC
Sun Feb 21, 2016 2:48 am
Forum: Personal Consumer Issues
Topic: Should I buy a new car?
Replies: 32
Views: 5298

Re: Should I buy a new car?

Have you had all the routine maintenance done? The Yaris should've had the coolant changed at 100k miles, if you didn't do that, then there's a chance that could be adding to your engine temperature issues. Either way, you might want to check your coolant level to make sure it's right. If your engin...
by RoC
Sun Feb 21, 2016 2:27 am
Forum: Personal Investments
Topic: 27. $10k. Is this the most Optimal Portfolio Strategy?
Replies: 27
Views: 3520

Re: 27. $10k. Is this the most Optimal Portfolio Strategy?

I like Vanguard Option #1. Did you have W2 income for 2015? If so, then put in $5,500 into a Roth IRA for 2015, then put in the remaining $4,500 for 2016. You then have a little over a year to get another $1,000 into the account for 2016. I think the Vanguard Target Retirement 2050 fund is good fund...
by RoC
Sat Feb 20, 2016 3:11 pm
Forum: Personal Investments
Topic: Help with 401k Index Funds
Replies: 7
Views: 918

Re: Help with 401k Index Funds

Check out MorningStar's X-Ray tool and mess around with the holdings. If you do: Vanguard Growth Index - VIGAX - 35% Vanguard Short Term Bond - VBIRX - 10% Vanguard Small Cap Index - VSMAX - 15% Vanguard Value Index - VVIAX - 40% You'll have a 90/10 split (stocks/bonds), and your stocks will be clos...
by RoC
Thu Feb 18, 2016 7:29 am
Forum: Investing - Theory, News & General
Topic: One sentence financial rule
Replies: 22
Views: 4032

Re: One sentence financial rule

I hadn't seen that before, thanks for posting it.
by RoC
Thu Feb 18, 2016 1:10 am
Forum: Investing - Theory, News & General
Topic: Warren Buffet & Ted Seidas Bet: Passive vs Active Trading
Replies: 35
Views: 4312

Re: 2016 Update on Buffett's bet with HedgeFund

Good stuff. Thanks for posting the update to the ongoing wager.
by RoC
Thu Feb 18, 2016 1:09 am
Forum: Personal Consumer Issues
Topic: Cellphone (US) for an 85-year-old newbie
Replies: 6
Views: 1025

Re: Cellphone (US) for an 85-year-old newbie

I believe Jitterbug is another company that markets cell phones for seniors, and I think they use Verizon. Whatever you decide on, my recommendation is to get them a flip phone. Set it up so you flip it open to answer a call, and flip it closed to hang up. That's what I did for my elderly tech-adver...
by RoC
Wed Feb 17, 2016 12:26 am
Forum: Personal Investments
Topic: New to Roth IRA
Replies: 16
Views: 1675

Re: New to Roth IRA

I agree with Vanguard, but would also suggest looking at their Target Retirement 2050 fund.
by RoC
Fri Feb 12, 2016 7:42 pm
Forum: Personal Investments
Topic: TSP allocation for newbie
Replies: 5
Views: 1246

Re: TSP allocation for newbie

Nothing wrong with the L2050, but if you feel it's a little too aggressive for you, then you can go with the L2040 fund. If you don't want to take the $10k out of the G Fund, you can still log into TSP and adjust your contributions so that that they're going to the L2050 fund. That will allow you to...
by RoC
Tue Feb 09, 2016 9:08 pm
Forum: Personal Investments
Topic: Could someone educate me on Thrift Savings Plans and suggest different fund allocations?
Replies: 24
Views: 2306

Re: Could someone educate me on Thrift Savings Plans and suggest different fund allocations?

joe8d wrote:
rkhusky wrote:Put it all in the Lifecycle 2050.
:thumbsup
I agree with the above.
by RoC
Tue Feb 09, 2016 8:54 pm
Forum: Personal Consumer Issues
Topic: Best Car for Family of 5?
Replies: 71
Views: 10739

Re: Best Car for Family of 5?

What's the matter with the Corollas? Stick with the two cars for now, a Corolla can handle a family of four. There's no reason to get a new car now, wait until you need the space, or at least until you're expecting your third child.
by RoC
Tue Feb 09, 2016 8:49 pm
Forum: Personal Consumer Issues
Topic: Repair old car or buy new? A car illiterate needs some help
Replies: 40
Views: 4355

Re: Repair old car or buy new? A car illiterate needs some help

Unless you have reason to believe that something else is going to start going wrong with the vehicle, I'd pay the $1200 to repair it. A Honda Civic usually goes well past 110k miles without issue, so yours simply had something wrong with the A/C, that's it. Chances are if you repair it, you'll be go...
by RoC
Tue Feb 09, 2016 3:49 pm
Forum: Personal Finance (Not Investing)
Topic: Plan on your Credit Card Getting Hacked once a year....Some Tips....
Replies: 72
Views: 8147

Re: Plan on your Credit Card Getting Hacked once a year....Some Tips....

The chip cards and, oddly enough, Apple/Android Pay should help reduce this kind of fraud. None of them expose your real card number, so they cannot be skimmed. This is exactly what I was going to say. Use the chip and/or Apple/Android Pay whenever possible. They do not send your credit card number...
by RoC
Tue Feb 09, 2016 6:25 am
Forum: Personal Finance (Not Investing)
Topic: What is your opinion on the Federal goverment retirement plan?
Replies: 57
Views: 16638

Re: What is your opinion on the Federal goverment retirement plan?

The FERS benefits are good. But I think its incorrect to put everything together and say an employee contributes 9.4%. New hires are only contribute 4.4%, the additional 5% you mentioned are TSP contributions which are optional. Granted everyone on here would say to contribute the 5% to TSP because ...
by RoC
Mon Feb 08, 2016 12:04 am
Forum: Personal Investments
Topic: Help A 24-Year-Old Start Planning for Retirement
Replies: 29
Views: 2631

Re: Help A 24-Year-Old Start Planning for Retirement

0.52% ER is not outrageous. I'd put the extra funds in the moderate-aggressive fund for now, and tax-deffer that income until retirement. That's what I was thinking. I was just reading that I can do either a pre-tax or Roth 401k so since it's a 401k does that not affect my $5500 limit? I should opt...
by RoC
Sun Feb 07, 2016 3:26 pm
Forum: Personal Investments
Topic: Help A 24-Year-Old Start Planning for Retirement
Replies: 29
Views: 2631

Re: Help A 24-Year-Old Start Planning for Retirement

0.52% ER is not outrageous. I'd put the extra funds in the moderate-aggressive fund for now, and tax-deffer that income until retirement.