Search found 135 matches

by CMLAW1
Mon Nov 09, 2020 11:06 am
Forum: Personal Consumer Issues
Topic: How much do you spend per week on groceries?
Replies: 61
Views: 4745

Re: How much do you spend per week on groceries?

$400 a week for food. We eat nice but most meals cooked at home. Family of 4.
by CMLAW1
Mon Nov 09, 2020 8:55 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 10475
Views: 827586

Re: U.S. stocks continue to soar!

Good ol fashion reminder that no one knows nuthin!
by CMLAW1
Mon Aug 31, 2020 11:53 am
Forum: Personal Investments
Topic: LTCG Question
Replies: 9
Views: 429

Re: LTCG Question

Be sure it is a long term capital gain. Short term capital gains are taxed as ordinary income. If you reinvest your dividends then the reinvested dividends may be sold for a short term capital gain, if you sell the shares less than a year after you bought them then it is short term. I do reinvest m...
by CMLAW1
Mon Aug 31, 2020 11:12 am
Forum: Personal Investments
Topic: LTCG Question
Replies: 9
Views: 429

LTCG Question

Bogleheads, I need to get some cash to make some much needed renovations to my backyard and living room. I will need approximately 18k. I have a taxable account with a large balance and I have home equity too. My wife and I taxable income last year was ~50k. Should I just sell stocks in my taxable a...
by CMLAW1
Sat Aug 29, 2020 1:15 pm
Forum: Personal Consumer Issues
Topic: Baseball card grading
Replies: 12
Views: 1142

Re: Baseball card grading

Card market is soaring. Probably a good time to sell. Hit up the parents house to browse my old collection, lol! Found 3 Kobe rookies. I too am debating sending them into PSA. But I think it’s $75 a card?! Insane!
by CMLAW1
Sat Mar 21, 2020 5:53 pm
Forum: Investing - Theory, News & General
Topic: I won the game but kept playing
Replies: 133
Views: 12139

Re: I won the game but kept playing

If I were you I would stay in the game.

Everyone needs to stop panicking, spend time with their loved ones, and stick to their IPS.

I wouldn’t be surprised if it dropped another 20-30%. Stocks go up and stocks go down. Unless you need the money tomorrow - RELAX!!!
by CMLAW1
Sat Mar 21, 2020 5:36 am
Forum: Investing - Theory, News & General
Topic: A time to EVALUATE your jitters
Replies: 434
Views: 420275

Re: A time to EVALUATE your jitters

My hubby was 100% equities from 1994-2018. We went through some crazy down markets. He used to tell me that he felt like he was trying to put the furnace flames out by tossing cash on top of the fire during the financial crisis. There was a decade in there when the 401(k) didn’t have more money in ...
by CMLAW1
Fri Mar 20, 2020 6:36 am
Forum: Investing - Theory, News & General
Topic: Young investors, how do you feel about your 1st market crash?
Replies: 132
Views: 9300

Re: Young investors, how do you feel about your 1st market crash?

31 years old with a 7 figure portfolio at the peak in January. I feel great. Not worried at all. Sucks to “lose” big money but know eventually it will come back. Really disappointed with the doom and gloom from most. We are bogleheads and should know better! Stay the course, rebalance, buy more. Rin...
by CMLAW1
Mon Mar 16, 2020 8:34 pm
Forum: Personal Investments
Topic: How much you lost/gain since Feb 20,2020 ?
Replies: 349
Views: 30240

Re: How much you lost/gain since Feb 20,2020 ?

985 to 755 - 80/20 here
by CMLAW1
Mon Mar 16, 2020 8:17 am
Forum: Personal Investments
Topic: Who is continuing to buy as planned?
Replies: 119
Views: 8447

Re: Who is continuing to buy as planned?

Stay the course. Stick to IPS. Tune out noise. I am robot
by CMLAW1
Thu Mar 12, 2020 12:55 pm
Forum: Personal Investments
Topic: How many people with 7 figure portfolios are”rejoicing ?”
Replies: 169
Views: 14606

Re: How many people with 7 figure portfolios are”rejoicing ?”

I’m a total newbie to all of this but have a large portfolio. My rebalancing bands according to my IPS are 5%. So when I fall behind that I just sell bonds and buy stocks? Is it ok if I do it in my brokerage account?

I don’t have any bonds in IRA or 401k.
by CMLAW1
Wed Nov 28, 2018 9:01 pm
Forum: Personal Finance (Not Investing)
Topic: How did YOU choose your career?
Replies: 149
Views: 11367

Re: How did YOU choose your career?

I was an idiot in college and had zero direction. Once I graduated with an English major I felt like I had no real path to a career. I studied for the LSAT to go to Law School. I hated studying and quit after a few months. I worked an internship at the accounting firm my dad worked for in New York C...
by CMLAW1
Mon Nov 19, 2018 6:25 am
Forum: Personal Investments
Topic: Help young investor/family man with a unique situation...
Replies: 8
Views: 1822

Re: Help young investor/family man with a unique situation...

Hello Bogleheads! First - I want to thank the forum for the extensive knowledge provided on this site! I have received a great length of help here in the past!! Second - I am looking to post a general portfolio review as well as a specific question regarding the NYC Deferred Compensation plan and h...
by CMLAW1
Mon Nov 12, 2018 6:48 pm
Forum: Personal Investments
Topic: Help young investor/family man with a unique situation...
Replies: 8
Views: 1822

Re: Help young investor/family man with a unique situation...

fortfun wrote: Mon Nov 12, 2018 5:05 pm Won't you at least receive a partial pension at some point? Are you vested?
Yes I think so.

I will be vested (not sure what this means) after 10 years. I’m in my 5th year.
by CMLAW1
Mon Nov 12, 2018 4:06 pm
Forum: Personal Investments
Topic: Help young investor/family man with a unique situation...
Replies: 8
Views: 1822

Help young investor/family man with a unique situation...

Hello Bogleheads! First - I want to thank the forum for the extensive knowledge provided on this site! I have received a great length of help here in the past!! Second - I am looking to post a general portfolio review as well as a specific question regarding the NYC Deferred Compensation plan and ho...
by CMLAW1
Tue Mar 20, 2018 6:39 pm
Forum: Personal Finance (Not Investing)
Topic: conversation about finances/spending with significant other?
Replies: 33
Views: 3303

Re: conversation about finances/spending with significant other?

Hi Bogleheads, I get that we should not give unsolicited investment/spending advice to friends and family--I truly, truly get that. But I also know that finances is one of the main things that couples fight about and separate over. So I could use some help. I have been dating my boyfriend for a lit...
by CMLAW1
Fri Feb 09, 2018 6:44 am
Forum: Personal Investments
Topic: What Would you do? (Inheritance)
Replies: 22
Views: 3940

Re: What Would you do? (Inheritance)

Harvesting the loss is a good idea. If you don't have gains to offset, you can carry forward $3k annually for the forseeable future. Other than that, nothing rash. Definitely don't make a big purchase like a home or rental property until you decide that is what you really want to do. Read: https://...
by CMLAW1
Tue Jan 16, 2018 6:47 am
Forum: Personal Investments
Topic: I'm hooked
Replies: 22
Views: 4622

Re: I'm hooked

Welcome to the best financial forum out there sir! I too know the “hooked” feeling. Keep reading, enjoy, and feel free to post your situation in the format listed in the above post.

3 years later. Up 18.9%. And not paying anyone a dime! Alll because of the great people on this forum!
by CMLAW1
Thu Jan 11, 2018 6:45 am
Forum: Personal Consumer Issues
Topic: Help with what to do with drafty fireplace
Replies: 26
Views: 2075

Re: Help with what to do with drafty fireplace

The cheapest and most efficient thing to do is to seal it and not use it. For ambiance, stick a tv in front of the fireplace and stream a video of a fire. :) Also check your home owners insurance for any sticky bits about wood heat and fireplaces. This may be a little dull but...how do you seal it?...
by CMLAW1
Mon Jan 08, 2018 7:09 am
Forum: Personal Consumer Issues
Topic: New Honda CRV - first oil change full synthetic?
Replies: 87
Views: 38175

Re: New Honda CRV - first oil change full synthetic?

My friend who has been a head Mazda mechanic for about 10 years recommends synthetic oil. However, contrary to other posters, he says oil should be changed and tires should be rotated every 5500 miles. Hmmm....now I’m wondering if this guy is my friend?! :oops:
by CMLAW1
Mon Oct 02, 2017 5:56 am
Forum: Personal Finance (Not Investing)
Topic: For buying house: how do you know which schools are "good"?
Replies: 56
Views: 6000

Re: For buying house: how do you know which schools are "good"?

I suggest you go to the school office, get a visitors pass and observe different classes and levels. You will surely get a feel for just about everythIng important for learning to take place. I would also eat in the school cafeteria with the students. Friday would be the day to observe. I hope I ha...
by CMLAW1
Fri Sep 15, 2017 2:17 pm
Forum: Personal Consumer Issues
Topic: Can not decide between washing machines
Replies: 47
Views: 4268

Re: Can not decide between washing machines

I went to the local library and took a picture of the washing machine section of consumer reports [Link to content in excess of copyright fair use removed by admin LadyGeek] Number 1 is Samsung WF42H5200AW which is surprisingly very cheap $549 plus tax plus hoses and free installation so total $612...
by CMLAW1
Wed Aug 23, 2017 7:16 am
Forum: Personal Consumer Issues
Topic: Safe car for wife and baby
Replies: 97
Views: 10268

Re: Safe car for wife and baby

I'm really surprised at the many suggestions in this thread to buy a huge 60k+ car, lol. Are we kidding? There are plenty often amazing safe cars that are under 30k. Personally I have two kids under 5 and have a Mazda CX-5 and a Mazda 6 that I happily drive both them around with. I have properly ins...
by CMLAW1
Mon Jul 24, 2017 9:57 pm
Forum: Investing - Theory, News & General
Topic: How are folks handling the unprecedented rise in the market ?
Replies: 166
Views: 25908

Re: How are folks handling the unprecedented rise in the market ?

Buy according to AA. Never sell. Simple. Why make this harder than it really is?

Plus intl is at the start of an epic run after sitting nowhere for years...and even if it isn't...who cares.
by CMLAW1
Mon Jul 17, 2017 9:27 pm
Forum: Personal Investments
Topic: Personal Finance Milestone: 20 Times Annual Expense
Replies: 95
Views: 12071

Re: Personal Finance Milestone: 20 Times Annual Expense

Congrats brother and thank you for your contributions to the forum.
by CMLAW1
Sat May 20, 2017 7:42 am
Forum: Personal Consumer Issues
Topic: What goes in your smoothie?
Replies: 45
Views: 5048

Re: What goes in your smoothie?

1 cup coconut or almond milk
2 cups fresh kale
1-2 heaping TBSP of plain non fat Greek yogurt
2 tbsp of peanut butter with flax and chia seeds (Trader Joe's)
1 cup frozen organic mango or frozen pineapple

Delicious and extremely healthy!
by CMLAW1
Tue Dec 13, 2016 10:31 am
Forum: Personal Investments
Topic: Helping my parents in bad shape
Replies: 15
Views: 1630

Helping my parents in bad shape

Long story short my brother and I have been asked by our parents to help them with their financial situation. It has been a disaster thus far. Simply because they cannot stay within the budget that all 4 of us established together at one of our meetings. This budget includes 500$ for shopping and ot...
by CMLAW1
Fri Nov 04, 2016 6:25 pm
Forum: Personal Finance (Not Investing)
Topic: 27/m. Wanting to Quit My Job. Any Words of Wisdom?
Replies: 55
Views: 9411

Re: 27/m. Wanting to Quit My Job. Any Words of Wisdom?

You don't need a therapist. Or to see a doctor. Or to try and "talk" to your bosses. You need a new work environment. Five years is a long time to work in a toxic environment. It sounds like your office environment is adversely influencing your happiness and well being and, at 27, that un...
by CMLAW1
Tue Oct 25, 2016 6:02 pm
Forum: Personal Consumer Issues
Topic: New couch? Please advise.
Replies: 28
Views: 4941

Re: New couch? Please advise.

I will look at Lazy Boy.

Anyone else? Should I shell out the extra money for Room & Board? Or should I spend 2K less at Raymour and Flanigan?

Should I purchase the warranty?

Any experience with electronic recliners?
by CMLAW1
Mon Oct 24, 2016 11:15 am
Forum: Personal Consumer Issues
Topic: New couch? Please advise.
Replies: 28
Views: 4941

Re: New couch?

daveatca wrote:Room & Board
Customize all you want.
Thank me later.
Room & Board is a solid recommendation that I have received once before. However, they would cost me around 2k extra. 8: it worth shelling out the extra money when I have two young children?
by CMLAW1
Mon Oct 24, 2016 11:14 am
Forum: Personal Consumer Issues
Topic: New couch? Please advise.
Replies: 28
Views: 4941

Re: New couch? Please advise.

Furniture shopping is one of our least favorite pastimes. Seems that we can never find the balance of style, comfort, value either - even taking cost out of the equation it always seems very difficult to find what we are looking for. That said, we have found that Costco sells high quality furniture...
by CMLAW1
Sun Oct 23, 2016 4:19 pm
Forum: Personal Consumer Issues
Topic: New couch? Please advise.
Replies: 28
Views: 4941

New couch? Please advise.

Wife and I are moving into our new home and our old furniture does not fit. Thus, we have spent 3-4 months looking for a new couch. The process has been somewhat frustrating in the sense that we have not been able to find the perfect one in the sense of size, comfort and price. We were looking for a...
by CMLAW1
Sat Jul 30, 2016 6:57 pm
Forum: Personal Investments
Topic: Total Bond vs Municipal Bond Funds
Replies: 66
Views: 14382

Re: Total Bond vs Municipal Bond Funds

abuss368 wrote:How many Bogleheads place Total Bond in a taxable account?
I do. But I am in the 15% tax bracket
by CMLAW1
Sun Jul 03, 2016 8:40 am
Forum: Personal Consumer Issues
Topic: synthetic oil changes
Replies: 134
Views: 18884

Re: synthetic oil changes

I change at 50% of the maint minder #... I am curious, why do you do that? Do you throw out your milk jug when it is 50% consumed? Sarcasm and comparisons such as the ones above really don't belong on this forum, imo. What does milk have to do with oil? Throwing out milk has nothing to do with anyt...
by CMLAW1
Sat Jul 02, 2016 5:53 am
Forum: Personal Consumer Issues
Topic: 4th of July duck race. Help me calculate odds. $1,000 prize! (Edited)
Replies: 6
Views: 670

Re: 4th of July duck race. Help me calculate odds. $1,000 prize!

A local community is having a duck race for the 4th of July! Here is the info: "Three separate races limited to only 20 ducks in a race for $100 per duck! The winner gets $1000!" So, I read this to be a total of 60 ducks, in 3 races, with a final race of 3 ducks. I emailed the race hosts ...
by CMLAW1
Mon Jun 27, 2016 3:56 pm
Forum: Personal Consumer Issues
Topic: I need a new mattress. Memory foam?
Replies: 53
Views: 6368

Re: I need a new mattress. Memory foam?

Moving soon and I need a new King Mattress for us and a new Queen Mattress for the guest room. I've heard and read that memory foam is all the rage right now. I've never had one. Slept on one once a few years back, don't remember anything special about it other than the host excitedly telling me ab...
by CMLAW1
Thu Jun 23, 2016 10:58 am
Forum: Personal Finance (Not Investing)
Topic: Should I express my inheritence thoughts to my father?
Replies: 78
Views: 9711

Re: Should I express my inheritence thoughts to my father?

Call_Me_Op wrote:
miamivice wrote:
Appreciate your comments.
Are you suggesting he give you more to maintain the existing imbalance of wealth among you and your siblings???
He clearly stated above that is no way would he ask for a greater share
by CMLAW1
Tue May 10, 2016 7:09 pm
Forum: Personal Consumer Issues
Topic: Keep Twins in Same Class for Kindergarten?
Replies: 41
Views: 9208

Re: Keep Twins in Same Class for Kindergarten?

"Crazy"...really? They are separate people with individual likes and dislikes and different friends. What is crazy about this? What reason could one have to splitting up twins on purpose when there is no apparent issue? Do they fight? Do they not get on? Do they not interact with others? ...
by CMLAW1
Fri May 06, 2016 6:09 pm
Forum: Personal Investments
Topic: 26 y/o with ~$175,000 inheritence
Replies: 40
Views: 8463

Re: 26 y/o with ~$175,000 inheritence

First time poster to the forum. Excited to get some quality feedback/advice/suggestions/lessons learned. Unfortunately, I have recently received an inheritance from a loved one. All said and done, it was roughly $190,000. First thing I did was pay off my student loans, so as of right now I am aroun...
by CMLAW1
Fri May 06, 2016 6:08 pm
Forum: Personal Investments
Topic: 26 y/o with ~$175,000 inheritence
Replies: 40
Views: 8463

Re: 26 y/o with ~$175,000 inheritence

TELL NO ONE! ABSOLUTELY NO ONE! DID I SAY TELL NO ONE?! I am in a similar situation and I highly regret even telling my own mother. Finances and family/friends are best kept separate. ALWAYS, in my opinion! With that said, take 6 months expenses aside and put it in an online bank such as Ally or Bar...
by CMLAW1
Fri May 06, 2016 5:55 pm
Forum: Personal Investments
Topic: 25 y/o with ~ $175,000 inheritance
Replies: 9
Views: 1342

Re: 25 y/o with ~ $175,000 inheritance

Good for you for wanting to invest some of your windfall! At 25, I wouldnt have been so wise. One way to look at is "how long would it take me to save $150k after-tax?" Probably 10 or more years. My point is you have a great jump on financial security, if you invest instead of spend. Bewa...
by CMLAW1
Wed Apr 06, 2016 6:38 pm
Forum: Personal Investments
Topic: 19 year old looking for guidance and advice
Replies: 28
Views: 2825

Re: 19 year old looking for guidance and advice

Hello bogleheads, My name is Joseph (you can call me Joe). As the title says, I'm currently 19 and inexperienced. As for my finances I work in a warehouse, I make roughly $1400 a month. After I pay my share on bills and for food and gas, I'm left with about $600. I recently emptied my savings and b...
by CMLAW1
Thu Mar 24, 2016 4:08 pm
Forum: Personal Investments
Topic: Large Inheritance...Do I need to worry about retirement?
Replies: 69
Views: 11907

Re: Large Inheritance...Do I need to worry about retirement?

Romad wrote:Have you ever thought about starting your own business? You certainly have a lot of capital to do so.
Not a good idea.
by CMLAW1
Sun Feb 21, 2016 9:33 am
Forum: Personal Finance (Not Investing)
Topic: Vacation Homes
Replies: 78
Views: 13798

Re: Vacation Homes

This day and age, with VRBO, HomeAway, etc I think it would make more sense not to own your own vacation home. With these types of websites, renting can easily be done within your own vacation budget. The other benefit is you can pick different places to go or different experiences within the same p...
by CMLAW1
Sat Feb 20, 2016 5:05 pm
Forum: Personal Finance (Not Investing)
Topic: Engagement Ring Saving
Replies: 68
Views: 8577

Re: Engagement Ring Saving

+1 for online savings account such as Barclays or Ally

For a different perspective than what has been said, I spent 15k when I had about 22k to my name. FTW 8-)
by CMLAW1
Tue Jan 26, 2016 6:16 pm
Forum: Personal Consumer Issues
Topic: Best way to make a free slideshow with music?
Replies: 10
Views: 967

Re: Best way to make a free slideshow with music?

Not the most tech-savvy guy but Flipagram is a great app to display photos in the form of a slideshow with music! I did it with pictures from a family trip and it was big hit!!
by CMLAW1
Mon Jan 25, 2016 4:41 pm
Forum: Investing - Theory, News & General
Topic: What is Your Bond Allocation & Location
Replies: 48
Views: 7827

Re: What is Your Bond Allocation & Location

Bond allocation is 25% and I am 28. My bonds are 100% Total Bond Market. Location is taxable bc I have a large taxable account and small retirement accounts. I will be in 15% tax bracket beginning next year. Is it OK to have TBM in taxable when in the 15% tax bracket? All my research points to yes.
by CMLAW1
Sat Jan 23, 2016 3:42 pm
Forum: Personal Investments
Topic: Help with my financial plan
Replies: 28
Views: 3585

Re: Help with my financial plan

Normally I would say to include it in your AA but this is such a unique situation and I think it would be impossible with an 80-20 split. Personally, I would max out your 403(b) with this guaranteed 7% stable value fund, and then maintain your desired asset allocation (I believe it was 80-20) in yo...